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The voice on the other end asked Roscoe if he would serve as an eleventh-hour mediator in the massive defamation lawsuit filed by Dominion Voting Systems against Fox News. “I said yes,” Roscoe told CNN on Wednesday, recalling advice his father gave him at the age of 16 about accepting work assignments while on vacation. Eduardo Munoz/Reuters/Eric Lee/Bloomberg/Getty ImagesIn the lead up to the last-second deal, attorneys for both Fox News and Dominion were fully expecting a trial. Last week, Dominion had notified Fox News that one of its first witnesses would be Rupert Murdoch, the 92-year-old Fox Corporation chairman, a person familiar with the matter told CNN. “Presence in the courtroom often tends to crystalize the focus of the risks and benefits of litigation,” Roscoe told CNN.

☆ S&P 500 is in a modest uptrend, but low volumes and reduced volatility have traders in a funk
▼ + stars: | 2023-04-19 | by ( Bob Pisani | ) www.cnbc.com time to read: +2 min

Good news: The S & P 500 is in a modest uptrend. The S & P 500 is up 7% since bottoming at the height of the banking crisis March 13th. The main focus of volatility, the CBOE Volatility Index (VIX), hit a 15-month low on Wednesday. "The January 2022 trough in the VIX marks the current all-time high for the S & P 500. Julian Emanuel at Evercore ISI noted that as of Tuesday night, 44 companies in the S & P 500 had reported.

☆ Succession's huge plot twist is more realistic than you'd think – the departure of a powerful CEO like Logan Roy really can cause wild share price swings
▼ + stars: | 2023-04-15 | by ( Ryan Hogg | George Glover | ) www.businessinsider.com time to read: +5 min

There's real-life precedent that shows why a CEO can cause huge share price swings when they depart. He was portrayed as an omnipotent boss of the group, reflected in a cratering share price upon his death in the episode that aired April 9. But there is real-life precedent for a company's share price collapsing on news of a powerful CEO's ill-health. The power of Logan RoyThere are downsides to a stock being so closely linked to a powerful CEO like Jobs, Musk, or Roy. Indeed, there have been examples of a share price rally following the death of a CEO, because investors see it as a company decoupling from a deadweight boss.

However, the major benchmarks shed gains quickly, briefly turning lower, as investors focused on underlying inflation pressures which rose in line with economists' estimates. US inflation, Fed rates and MarketsRichmond Fed President Thomas Barkin also poured cold water on market optimism after flagging that there was still time before inflation falls back to the Fed's 2% goal. San Francisco Fed President Mary Daly said there was "more work to do" on Fed rate hikes. Among the 11 major S&P sectors, consumer discretionary (.SPLRCD) was the worst hit, while materials (.SPLRC) and healthcare (.SPXHC) were the top gainers. Reporting by Sruthi Shankar and Ankika Biswas in Bengaluru; Editing by Shounak DasguptaOur Standards: The Thomson Reuters Trust Principles.

☆ Clarence Thomas' billionaire benefactor Harlan Crow has also spent thousands boosting Ted Cruz, Marco Rubio, and an anti-Trump super PAC
▼ + stars: | 2023-04-11 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +6 min

They include Marco Rubio's 2016 presidential campaign, major Senate campaigns, and an anti-Trump PAC. The Texas billionaire also gave $50,000 in 2015 to "Right to Rise," a super PAC associated with Jeb Bush. Senate super PAC spendingIn addition to being a major super PAC spender at the presidential level, Crow has given thousands to outside spending groups supporting the party's Senate candidates over the years. He also gave $50,000 to "Show Me Values PAC," a super PAC set up to prevent the scandal-plagued former Gov. And in 2016, he gave $55,000 to "Let America Work," a super PAC boosting Sen. Ron Johnson against former Democratic Sen. Russ Feingold.

Yet congenital syphilis is easily preventable if an infected person gets access to penicillin during their pregnancy. There were 2,677 cases of congenital syphilis in the U.S. in 2021 for a population of 332 million, according to preliminary CDC data. Canada had 96 cases for a population of 38 million, according to Health Canada. Health Canada told Reuters it has dispatched epidemiologists to help provinces contain the increase in congenital syphilis. The province had an incidence of 185 cases of congenital syphilis per 100,00 live births in 2021.

☆ Wall Street jumps with rosy outlooks from companies
▼ + stars: | 2023-03-29 | by ( Caroline Valetkevitch | ) www.reuters.com time to read: +3 min

Micron (MU.O) shares shot up 7.2%, boosting the Nasdaq and S&P 500, and leading gains in the PHLX semiconductor index (.SOX), which closed 3.3% higher. Lululemon surges after strong reoprtThe bulk of S&P 500 companies begin reporting on the first quarter in mid-April. On Monday, regional U.S. lender First Citizens BancShares scooped up the assets of Silicon Valley Bank. Michael Barr, Fed Vice Chair for Supervision, told Congress the scope of blame for Silicon Valley Bank's failure stretches across bank executives. The S&P 500 posted 9 new 52-week highs and no new lows; the Nasdaq Composite recorded 69 new highs and 135 new lows.

☆ Stocks are rising, but megacap tech is doing most of the heavy lifting
▼ + stars: | 2023-03-29 | by ( Bob Pisani | ) www.cnbc.com time to read: +1 min

It's starting to look a lot like 2021 in the stock market. Tech stocks are dragging all the indexes up, just like 2021. The technicians seem to be happy, because the S & P is again showing a pattern of higher highs and higher lows that began in October. Most of this has been driven by the stunning performance in megacap tech. Megacap tech this quarter: NVIDIA up 80% Meta up 67% Tesla up 53% Those seven megacap tech companies are responsible for most of the gains for the S & P 500 this year.

☆ Republicans are seeking wealthy, self-funding candidates to help the party win a Senate majority in 2024, report says
▼ + stars: | 2023-03-25 | by ( John L. Dorman | ) www.businessinsider.com time to read: +5 min

GOP leaders are seeking out wealthy Senate candidates to counter Democratic fundraising successes. In recent cycles, some GOP candidates have used outside spending to mitigate spending disparities. Last year, Democratic Senate nominees in the six most competitive races outraised their GOP counterparts by $288 million, per Politico. The well-known doctor poured $26.8 million of his own funds into his unsuccessful Senate campaign, according to OpenSecrets. Dolan, who put more than $10.5 million into his 2022 Senate bid, could face Democratic Sen. Sherrod Brown.

☆ Construction leaders are using technology to help push the boundaries of possibility
▼ + stars: | 2023-03-23 | by ( Sponsor Post | Created Insider Studios With Lenovo | ) www.businessinsider.com time to read: +7 min

Leading construction company Laing O'Rourke has been at the cutting edge of building innovation for decades. Construction company Laing O'Rourke is delivering some of the world's most complex and challenging building and infrastructure projects. Leading construction innovationFor decades, Laing O'Rourke has invested in technology and innovation. Lenovo's technology was a critical enabler for many of the Laing O'Rourke projects above. To this end, Laing O'Rourke has also invested in Lenovo's ThinkReality and Mirage headsets.

European bank shares slumped, with an index of leading lenders (.SX7P) down 5.8%. Credit Suisse shares slumped 62%, reflecting the huge loss its shareholders will see in their investment in the bank. Monetary authorities in Singapore and Hong Kong, where Credit Suisse hosts large regional offices, separately said the Swiss bank's business continued without interruption. And Credit Suisse urged its staff to go to work, according to a memo to staff seen by Reuters. Credit Suisse staff arriving to work in Hong Kong and Singapore on Monday morning, however, fretted about retrenchments and retaining business.

☆ UBS rescue of Credit Suisse doesn't resolve the U.S. banking crisis
▼ + stars: | 2023-03-20 | by ( Bob Pisani | ) www.cnbc.com time to read: +4 min

The Swiss government gets an "A" for its speed in addressing the Credit Suisse problem, but it doesn't resolve the U.S. banking crisis. The banking crisis has tightened financial conditions because it has dramatically interrupted the flow of capital. Banks, particularly regional banks, will likely be doing much less lending for the rest of the year. The bad news: this banking crisis has once again revealed an age-old problem with capitalism: much of it is based on faith. "It should be clear that the most expedient and effective solution to this crisis is an expansion and modernization of the FDIC deposit insurance regime."

☆ UBS to take over Credit Suisse, central banks act on liquidity
▼ + stars: | 2023-03-19 | by ( Reuters Staff | ) www.reuters.com time to read: +13 min

LONDON/NEW YORK (Reuters) -UBS sealed a deal to buy rival Swiss bank Credit Suisse in an effort to avoid further market-shaking turmoil in global banking, Swiss authorities said on Sunday. FILE PHOTO: The logo of Credit Suisse is pictured in front of the Swiss Parliament Building, in Bern, Switzerland, March 19, 2023. The reports that UBS is acquiring Credit Suisse will likely magnify Credit Suisse’s problems by moving them to UBS... The Credit Suisse issues are not new and needed to be resolved years ago. A legal challenge by Credit Suisse shareholders, who will claim that their property has been illegally confiscated, is guaranteed.

☆ The trailer for the new 'BlackBerry' movie is here and former 'CrackBerry' fans are shocked at how entertaining it looks
▼ + stars: | 2023-03-16 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

The "BlackBerry" trailer dropped Wednesday, and it's trending at number 21 on YouTube only 24 hours later. Critics and nostalgic BlackBerry fans alike say they're thrilled by the cast and the chance to revisit the iconic phone. It tells the story of the rise and fall of Canadian tech company Research in Motion, the maker of the BlackBerry. "I'm shocked that BlackBerry actually looks like it might be pretty damn good," Canadian tech editor Patrick O'Rourke tweeted. Although the film might strike the hearts of BlackBerry loyalists or Y2K enthusiasts, the phones most likely won't be back.

☆ EPA cracks down on 'forever chemicals' in tap water: What PFAS are, where they are, and why they're harmful
▼ + stars: | 2023-03-14 | by ( Morgan Mcfall-Johnsen | Jessica Orwig | ) www.businessinsider.com time to read: +9 min

The US Environmental Protection Agency just released a proposal for enforceable standards for six PFAS compounds in drinking water. The new EPA proposal would set the threshold for those two substances at 4 nanograms per liter of drinking water. It also proposes a "hazard index" to set a limit on the combined quantity of four other PFAS in drinking water: PFNA, GenX, PFBS, and PFHxS. Communities across the US have especially high PFAS contamination in their drinking water, often due to a nearby industrial or military facility. "You can't just regulate in drinking water, without addressing the other side," Sunderland said, adding that you have to "turn off the source."

☆ Animals full of PFAS 'forever chemicals' have been found on every continent except Antarctica, new report finds
▼ + stars: | 2023-02-22 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +5 min

Animals, birds, and fish across the planet are contaminated with forever chemicals, a new report found. Though they're useful for resisting water, heat, and stains, PFAS do not break down in the environment, earning them the "forever chemicals" nickname. The new report suggests that contamination from forever chemicals may pose yet another threat to many species' survival. Cleaning up these emission sites is key to stopping more forever chemicals from building in the environment. "It will take regulatory action to move the entire market and country away from dependence on these chemicals," Andrews said.

☆ Where EV trucks are going to hit the road first
▼ + stars: | 2023-02-10 | by ( Kaitlin Balasaygun | ) www.cnbc.com time to read: +5 min

Due to the limitations that EV truck batteries face in mileage range, they're best suited for drayage transportation, or the movement of goods across short distances. So, trucking companies are making efforts to develop short-haul EV trucks and put them to use at ports and intermodal logistics facilities. How electric trucks navigate long-haul shipping is one of the main issues that the trucking industry faces as it looks to expand EV usage. Performance Team, a subsidiary of shipping giant Maersk, deployed Volvo short-haul EV trucks in Southern California for distribution facilities and warehouses starting last October. Regardless of how these EV trucks are being deployed to lower carbon emissions, the goal is also for them to save the trucking companies money.

☆ Mark Rourke discusses the future of EV trucking
▼ + stars: | 2023-02-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMark Rourke discusses the future of EV truckingMark Rourke, Schneider CEO joins 'Squawk on the Street' to discuss how his company delivered 100 electric trucks on the roads this past year, and his thoughts on the future of EV trucking.

Kristi and Steve Goncalves told Dateline that their daughter, 21-year-old Kaylee Goncalves, was due to graduate college early and had lined up a job with an IT firm in Austin, Texas. Kaylee Goncalves had just moved out of the house she shared with her longtime best friend, 21-year-old Madison "Maddie" Mogen. “These girls were best friends since sixth grade, like inseparable,” Kristi Goncalves said. “Maddie had been a huge part of our life.”Steve and Kristi Goncalves during an interview with Dateline on NBC. “I hope that maybe in a struggle, she pulled it off of him,” Kristi Goncalves said.

☆ The stock market set-up heading into the crucial CPI report Thursday morning
▼ + stars: | 2023-01-12 | by ( Bob Pisani | ) www.cnbc.com time to read: +4 min

Bespoke Investment Group noted that in the first seven trading days of 2023, 175 stocks in the Russell 1000 are up 10% or more. Going into 2023, the pain trade was that the market would rally. "An in-line report doesn't cut it, in-line has already been sold," Chris Murphy, co-head of derivative strategy at Susquehanna, told me. "In my mind it [CPI] would have to be below consensus for the market to rally," he told me. He is particularly watching rental costs: "For inflation to come down, rents have to come down, and if they don't the Fed is going to be concerned."

☆ U.S. economy added 223,000 jobs in December, as strong jobs market tops expectations
▼ + stars: | 2023-01-06 | by ( Jeff Cox | Jeff Cox Is A Finance Editor With Cnbc.Com Where He Covers All Aspects Of The Markets | Monitors Coverage Of The Financial Markets | ) www.nbcnews.com time to read: +2 min

Payroll growth decelerated in December but was still better than expected, a sign that the labor market remains strong even as the Federal Reserve tries to slow economic growth. The job growth marked a small decrease from the 256,000 gain in November, which was revised down 7,000 from the initial estimate. Stock market futures rose following the release as investors look for signs that the jobs market is cooling and taking inflation lower as well. The relative strength in job growth comes despite repeated efforts by the Fed to slow the economy, the labor market in particular. The headline unemployment rate is tied for the lowest since 1969.

STROUDSBURG, Pa. — Bryan Christopher Kohberger, the suspect in the brutal slayings of four University of Idaho students in November, waived extradition Tuesday during a court hearing in Pennsylvania, paving the way for him to face murder charges in Idaho. While in court Tuesday afternoon, Kohberger said he understood what it meant to waive extradition. During the brief hearing, a member of Kohberger's family appeared to be crying. A probable cause affidavit, with details supporting Kohberger’s arrest, is under seal until he sets foot in Idaho and is served with the papers in court, authorities said. Families of the victims say they are hopeful that Kohberger’s arrest will bring justice.

☆ Final farewell: From Sidney Poitier to Pope Emeritus Benedict a look back at the influential figures who died in 2022
▼ + stars: | 2023-01-01 | by ( Associated Press | ) www.nbcnews.com time to read: +55 min

Other world leaders who died in 2022 include former Soviet leader Mikhail Gorbachev, who died in August. The final days of 2022 saw the loss of some exceptionally notable figures, including Pope Emeritus Benedict XVI. Here is a roll call of some influential figures who died in 2022 (cause of death cited for younger people, if available):___JANUARY___Dan Reeves, 77. A Cuban-born artist whose radiant color palette and geometric paintings were overlooked for decades before the art world took notice. A prolific character actor best known for playing villains and tough guys in “The Manchurian Candidate,” “Ocean’s Eleven” and other films.

☆ Six battleground states will hold the key to the White House in 2024
▼ + stars: | 2022-12-24 | by ( John L. Dorman | ) www.businessinsider.com time to read: +12 min

AP Photo/Andrew HarnikGeorgia2012 margin: Romney +7.8%2016 margin: Trump +5.1%2020 margin: Biden +0.2%For decades, Republicans could easily depend on the Peach State's electoral votes falling into their column. Two years later, Biden won the state by roughly 12,000 votes over Trump, followed by the dual 2021 runoff victories of Sens. AP Photo/Matt RourkePennsylvania2012 margin: Obama +5.4%2016 margin: Trump +0.7%2020 margin: Biden +1.2%Biden's hometown of Scranton is dear to his heart so Pennsylvania was always going to be a key state for the party in 2024. AP Photo/Andy Manis, FileWisconsin2012 margin: Obama +6.9%2016 margin: Trump +0.8%2020 margin: Biden +0.6%Wisconsin is one of the most politically-divided states in the country. But Trump flipped Wisconsin to the GOP in 2016, the first time it had supported a Republican presidential nominee since 1984.

☆ Philadelphia mayor 'disappointed' court ordered removal of box covering Christopher Columbus statue
▼ + stars: | 2022-12-10 | by ( Tj Swigart | Minyvonne Burke | Minyvonne Burke Is A Senior Breaking News Reporter For Nbc News. | ) www.nbcnews.com time to read: +3 min

Philadelphia's mayor said he is "disappointed" that a court ordered the city to remove a plywood box covering a statue of Christopher Columbus. A spokesperson for Jim Kenney said the office believes the statue should be removed from Marconi Plaza, noting that it "has been a source of controversy" in the city. A pedestrian walks by an encased statue of Christopher Columbus at Marconi Plaza in Philadelphia on Oct. 11, 2021. Matt Rourke / AP file"More to the point, the City accepted the donation of the Columbus statue in 1876. "The Columbus statue is not City property as is, for example, a City snowblower.

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