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September is a historically weak month for stocks, but the first U.S. Federal Reserve rate cut in four years meant that markets have mostly bucked the trend so far. The S & P 500 has risen around 1% month-to-date, and jumped about 8% since the end of June when stocks went through much volatility. But risks such as the U.S. election, inflation and geopolitical conditions raise the question of what the path ahead will be like for stocks. "In my view, the banking sector could win ... as should solid growth stocks – at reasonable valuations – in the healthcare and software sectors," he added. Valuations in the U.S. market look "less demanding" — if you exclude Big Tech, mega-growth stocks, which are dragging up the overall price-to-earnings multiple of the S & P 500, Webber added.
Persons: David Bianco, Simon Webber, Schroders, Webber Organizations: U.S . Federal, Equity, Big Tech, CNBC Pro Locations: DWS, U.S
CNN —Rafael Nadal has been named in Spain’s Davis Cup team for the Final Eight matches in November, organizers announced Monday. Matthew Stockman/Getty Images Europe/Getty Images 2007 — In 2007, the then 20-year-old Nadal's status as the 'King of Clay' was sealed. At that year's French Open, Nadal opted for the reverse of 2006's top-bandana combo -- this time with matching trainers to boot. Julian Finney/Getty Images Europe/Getty Images 2009 — Nadal's first dramatic transformation came in 2009. Matthew Stockman/Getty Images Europe/Getty Images 2010 — In 2010, Nadal bounced back from the 2009 disappointment with a daring multicolored number.
Persons: CNN — Rafael Nadal, Carlos Alcaraz, Roberto Bautista Agut, Pablo Carreño Busta, Marcel Granollers, Nadal, , Novak Djokovic, Alcaraz, , Rafael Nadal, Roland Garros, CHRISTOPHE SIMON, — Nadal, Roger Federer, Michael Steele, Matthew Stockman, Clay, Federer, Mike Hewitt, Bjorn Borg's, Julian Finney, Nadal's, Robin Soderling, Soderling, Swede, THOMAS COEX, Borg, David Ferrer, Nadal grinded, Djokovic, Pete Sampras, Clive Brunskill, Dan Istitene, Dennis Grombkowski, Benoit Paire, Rafael Nadal's Roland Garros, , ” Nadal, Alexander Zverev, I’ve Organizations: CNN, Spain’s Davis, Olympics, Wimbledon, Davis, AFP, Getty, Federer, Djokovic, Nadal, US, Davis Cup Locations: Spain’s, AFP, Europe, Hamburg, Spain, Netherlands
But when it came to finding a publisher for her children's book, "Leena Mo, CEO," she found herself in the hot seat. Now "Leena Mo, CEO," finally has a place on bookshelves. AdvertisementShakir's children's book, "Leena Mo, CEO," releases September 24, 2024. Deena ShakirWriting the female founder's storyShakir wrote the entire first draft of "Leena Mo, CEO" one frenzied weekend in December 2020. "Leena Mo, CEO" is also peppered with Arabic words — like the robot's name, "Helmy," a Romanized derivation of the Arabic word for "my dream."
Persons: , Deena Shakir, Leena Mo, Shakir, Simon & Schuster, Chelsea Clinton, Sheryl Sandburg, Everly Health —, that's, Leena Mo's, Deena Shakir Shakir, she's, she'd Organizations: Service, Simon &, Business, Maven Clinic, Everly Health, Google Locations: Muslim
Oktoberfest is a worldwide phenomenon, a Bavarian beer festival celebrated in countries around the globe. Revelers, dressed in leather lederhosen, celebrate Oktoberfest in Munich on Sept. 21, 2024. A waiter brings beer to a table during Oktoberfest in Munich, Germany on Sept. 22, 2024. The world's biggest beer festival ends on Oct. 6, 2024. A waitress carries a tray of food at the start of the Munich Oktoberfest celebration.
Persons: Johannes Simon, Beer, Kirill Kudryavtsev, Revelers, Ein, driel, Crown Prince Ludwig, Princess Therese von Sachsen, Felix Hörhager, Alexander Hassenstein, Marco Polo, Jeff Dean Organizations: Munich's Department of Labor, Getty, Afp, Oktoberfest Museum, Oktoberfest Locations: Bavarian, Munich, steins, Germany, Hildburghausen, Munich's Beer, Salzburg, Austria, Rothenburg, Hong Kong, Hong Kong Harbour, Cincinnati , Ohio
The Summary A new study found that some members of an octopus species hunt cooperatively in groups with fish. A new study shows that some members of the species Octopus cyanea maraud around the seafloor in hunting groups with fish, which sometimes include several fish species at once. It’s an indication that at least one octopus species has characteristics and markers of intelligence that scientists once considered common only in vertebrates. These hunting groups typically included several species of reef fish, such as grouper and goatfish. These are the ambush predators, the ones that don’t move, don’t look for prey,” Sampaio said.
Persons: aren’t, , Eduardo Sampaio, Simon Gingins, ” Sampaio, it’s, , Martha, I’ve, ” It’s, Jonathan Birch, ” Birch, cyanea Organizations: Max Planck, Animal, London School of Economics Locations: Eilat, Israel
“Women will be happy, healthy, confident and free,” he said during an extended riff at the rally. And then he asserted: “You will no longer be thinking about abortion.”A spokeswoman for the Harris campaign, Sarafina Chitika, said that “women know better.”“He tries to tell us what to think and what we care about,” Ms. Chitika said. On Monday night, he repeated that the court’s ruling returned authority to the states to determine their own limits on abortion, a move that he said that many Americans had favored for decades. “Everyone wanted abortion out of the federal government and into the states,” he said. Mr. Trump also repeated a falsehood that he amplified during his debate against Ms. Harris earlier this month, saying that Democrats had been demanding abortions in the ninth month of a pregnancy or “an execution of a baby after birth.”
Persons: Trump, Jean Carroll, , Harris, Sarafina Chitika, , ” Ms, Chitika, Roe, Wade
“But that’s just not where we are right now.”The sisters aren’t alone in their status as dynamic duos turned dynamic uno. Hall & OatesDaryl Hall and John Oates of the band Hall and Oates performing in Minnesota in 2017. In May, Hall – who originally filed the lawsuit against Oates in 2023 – told Variety in an interview that that Hall & Oates were officially over. Zeppelin originally included Page, Plant, drummer John Bonham and bassist/keyboardist John Paul Jones. The band broke up in 1980 after Bonham’s death and Page and Plant went on to each have successful solo careers.
Persons: Tia Mowry, Tamera Mowry, Housley, , Mowry, Cory Hardict, , that’s, Keegan, Michael Key, Jordan Peele Keegan, Jordan Peele, Peele, Key, ” Paris Hilton, Nicole Richie, Paris Hilton, Frazer Harrison, besties, Richie, they’re, Peacock, Liam, Noel Gallagher Liam, Noel Gallagher, they’ve, Stripes Jack, Meg White, Adam Savage, Jamie Hyneman, Alberto E, Rodriguez, Savage, Jon Lung, Brian Louden, ” Savage, Oates Daryl Hall, John Oates, Oates, Adam Bettcher, Daryl Hall, Hall –, , Mero Desus, Kid Mero, Showtime’s, Mero, Carmelo Anthony, Nice, Robert Plant, Jimmy Page Robert Plant, Jimmy Page, John Bonham, John Paul Jones, Plant, “ He’s, ” Page, Simon, Garfunkel, Paul Simon, Kevin Winter, Art Garfunkel Organizations: CNN, Comedy, Paris, Getty, Hilton, Gallaghers, Oasis, Stripes, Oates, NBA, Zeppelin, New York Times Locations: Hollywood, , Pasadena, Minnesota, Brooklyn, British, Culver City, Queens
Read previewJeff Bezos shared a rave review for "The Fly Who Flew to Space," the new children's book by his fianceé, Lauren Sánchez. "This is the best children's book my fiancée has ever written," he wrote in the review on Wednesday. Lauren Sánchez's children's book is titled "The Fly Who Flew to Space." Sánchez discussed plans to write a children's book about a fly going to space during a 2023 interview with The Wall Street Journal. "Defendant Lauren Sánchez, who had previously expressed oral and written interest in collaborating with Plaintiff, subsequently used Plaintiff's book concept without Plaintiff's consent or authorization.
Persons: , Jeff Bezos, Lauren Sánchez, Bezos, Flynn, Lauren Sánchez's children's, Michael Simon, Alanna Zabel, Sánchez, Zabel, Plaintiff, Zabel's, Kitty, Zabel — Organizations: Service, Business, Los Angeles Superior Court, Plaintiff, Amazon, Earth, Bezos Academy, Wall Street, Sànchez Locations: Los Angeles, California
Patrick T. Fallon | AFP | Getty ImagesNew data shows a surge in trade between China and Mexico at a time of tough tariff talk during the presidential campaign. This nearshoring of manufacturing enables companies to change a product's origin of goods, also referred to as the "economic nationality" of a product. Data from freight analytics firm Xeneta shows China to Mexico container trade up by 26.2% from January to July 2024, after growing by 33% in 2023. Mexico is also a member of the Pacific Alliance, a trade bloc formed by Mexico, Chile, Colombia, and Peru. "Bilateral tariffs should be expected to lead to trade diversion, and that's exactly what happened in the aftermath of the trade war.
Persons: Patrick T, Fallon, Jordan Dethwart, Mary Lovely, Anthony Solomon, Simon Cohen, Peter Sand, Donald Trump, Trump, John Piatek, Biden, Piatek, Lovely, Moody's, Elon Musk, Musk, Tesla, Sand, Charles Van der Steene, Van der, Mexico —, Freightos, Erica York, York, Tim Robertson, Ian Arroyo, Arroyo, Saul Loeb Organizations: El, El Paso Sector, AFP, Getty, U.S, Companies, Peterson Institute for International Economics, Henco Logistics, European Union, European Free Trade Area, Pacific Partnership, Pacific Alliance, GEP, Motive, BMW, Ford, GM, Kia, gigafactory, Volvo, Pirelli, Michelin North America, Hyundai, SFK USA, Maersk, Bureau of Transportation Statistics, CNBC, United, Pacific, Port, U.S ., ITS Logistics, Tax, DHL Global, Dana, Afp Locations: El Paso, Mexico, New Mexico, Chihuahua, Sunland Park , New Mexico, China, Redwood Mexico, United States, Canada, U.S, Japan, Israel, Latin America, Chile, Colombia, Peru, USA, propping, Laredo , Texas, El Paso , Houston, San Diego, Monterrey, Fremont , California, Austin , Texas, Americas, Mexican, Monterrey . Mexico, East, lading, Maersk North America, Tijuana, El Paso , Texas, Pacific Coast Port, Lazaro, Laredo, Monterrey , California, U.S . West, U.S . East, Gulf, West Coast, Asia, Mexico City, Warren , Michigan
According to textile and cleaning experts we spoke with, taking care of leather goes beyond simply wiping it down occasionally. To help you with your leather pieces, we got advice on how to best care for your leather and insight on what damages it and how to use a leather conditioner. | How to take care of your leather | How to use a leather conditioner | 5 highly rated leather conditioners | Why trust NBC Select? How to take care of your leatherThe good news: Taking care of leather is relatively easy. This non-toxic leather conditioner is free of harsh solvents and silicone and can be used on all leather items.
Persons: , Simon Elliott, you’ll, Elliott, Salvador Villarreal, Salvador, Bethany Heitman, TikTok Organizations: NBC, ., Clifton, Salvador Villarreal, Facebook, Twitter Locations: San Diego , California
“I have felt humiliated," an outraged Gisèle Pelicot said of the arguments alleging she was an alcoholic or being her ex-husband's co-conspirator. Are they degenerates?” Gisèle Pelicot told the court. She testified earlier this month that her world collapsed when police uncovered the years of alleged abuse, recorded by Dominique Pelicot in a cache of more than 20,000 images and videos. A rendering of Dominique Pelicot, inside the glass box in the Avignon courthouse built to hold some of the defendants. Many of the defendants deny raping Pelicot.
Persons: Gisèle Pelicot, Dominique Pelicot, , Gisele Pelicot, Christophe Simon, ” Dominique Pelicot, drugging, , Reuters Pelicot, Pelicot, Lionel Rodriguez, “ I’m, Rodriguez Organizations: Getty, Reuters, TF1 Locations: Avignon, AFP, France
Fed expected to cut key interest rateChair of the U.S. Federal Reserve Jerome Powell speaks at the U.S. Capitol in July. Bonnie Cash / Getty ImagesThe Federal Reserve is poised to cut its key interest rate for the first time since the onset of the Covid pandemic in 2020. But mixed signals from the economy have some Wall Street traders predicting it’s more likely that there will be a 0.5% cut. It’s for Prime members only, so you’ll have to sign up in time if you want to shop. And did you know that in addition to free shipping, members also get benefits like Prime Video and Grubhub+.
Persons: Sean “ Diddy ” Combs, Jerome Powell, Bonnie Cash, Hsu Ching, kuang, Cristiana Bársony, Arcidiacono, Gold, , , pagers, Sean ‘ Diddy ’ Combs, Combs, Mike Johnson, Trump, Donald Trump, Harris, Kamala Harris, Chuck Todd, Gisele Pelicot, Christophe Simon, I’m, don’t, Annie Hill, Elizabeth Robinson Organizations: U.S . Federal, U.S, Capitol, CNBC, Fed, Consulting, Prosecutors, of, National Association of Black Journalists, Republicans, NBC, Trump, Polaris, University of North Texas Health Science, The, Getty, Amazon Locations: Lebanon, Taiwan, Iran, Israel, Hungary, Southern, of New, Springfield , Ohio, Gaza, Ohio, San Diego, Mazan, France, AFP
CNN —The Champions League returned on Tuesday with a bang. Bayern beat Dinamo Zagreb of Croatia 9-2 at Allianz Arena, becoming the first team in Champions League history to score nine goals in a single match. “What were my chances of setting foot even in the Premier League, playing in the Premier League, winning something as a player, playing for the national team? Kylian Mbappé opened his Champions League account for Real, scoring just after half-time before Deniz Undav equalized for the German side. It was the first game in Champions League history to feature five US players, per Goal.com.
Persons: Vincent Kompany, Striker Harry Kane, Michael Olise, Frenchman, Thierry Henry, Raphaël Guerreiro, Leroy Sané, Leon Goretzka, Daniel Kopatsch, Kompany –, Premier League –, , ” Kompany, “ I’m, , Frank Hoermann, SVEN SIMON, Kylian Mbappé, Deniz Undav, Antonio Rüdiger, Endrick’s, Raúl, Carlo Ancelotti, ” Ancelotti, “ Endrick, Endrick, Thomas Coex, Weston McKennie, McKennie, Tim Weah, Malik Tillman, Richard Ledezma, Ricardo Pepi, Christian Pulisic, Pulisic’s, Ibrahima Konaté, Virgil van Dijk, Dominik Szoboszlai, Zeno Debast, Viktor Gyökeres ’, Angel Gomes, Debast’s, Gualter Fatia Organizations: CNN, Champions League, European soccer’s, Bayern Munich, Bundesliga, Bayern, Dinamo Zagreb, Allianz Arena, UEFA, Anorthosis Famagusta, League, Borussia Dortmund’s, Legia Warsaw, English, Burnley, Premier League, Real, Real Madrid, Blancos, Stuttgart, Getty, American, Juventus ’, PSV Eindhoven, Juventus, PSV, AC Milan, Liverpool, San, Sporting CP’s, Lille, Sporting, Sporting CP, PSV Eindhoven Young Boys, Aston Villa Bayern Munich, Dinamo Zagreb AC Milan, Liverpool Real Madrid, VfB Stuttgart Sporting CP Locations: European, Croatia, Brussels, Congo, Belgium, Madrid, AFP, San Siro, Milan, Lisbon, Lille, Debast
Experts say that taking care of suede is easier than you might think — as long as you know what to do. SKIP AHEAD How to protect suede | How to clean suede | When to take your suede to a professional cleanerHow to protect suedeThe first step to caring for suede is to learn how to protect it. Suede protector sprays can easily be found at retailers like Amazon, Walmart and Target and must be reapplied regularly to maintain effectiveness. Brushing suede is good for maintenance, but if you spot a stain on your suede, you’ll need to go a step further. Best suede brushesBest suede erasersWhen to take your suede to a professionalOops — you got caught in a rainstorm with your suede boots on or spilled a cup of coffee on your favorite suede armchair.
Persons: suede, it’s, Eric Neuner, Suede, , Simon Elliott, They’re, Elliott, Salvador Villarreal, , Salvador, Bethany Heitman, TikTok Organizations: suede, Walmart, Target, NBC, Clifton, Salvador Villarreal, Facebook, Twitter Locations: San Diego , California
“I am a rapist, like the others in this room,” Pelicot told the court Tuesday, as his long-awaited testimony began. In a move rarely seen in France, Pelicot refused to remain anonymous. While many are charged with raping Gisèle Pelicot one time, others are charged with as many as six assaults. Indeed, Dominique Pelicot had been arrested before, nabbed in a supermarket outside Paris in 2010, using a pen-camera to film under women’s skirts. Dominique Pelicot obtained hundreds of prescription drugs from his own doctor, who declined to speak to police.
Persons: Dominique Pelicot, Gisèle Pelicot, ” Pelicot, Dominique Pelico, ” Anne, Cécile Mailfert, Pelicot, Mailfert, I’m, ” Gisèle Pelicot, don’t, , Gisele Pelicot, Christophe Simon, Gisèle, Le Figaro, , Blandine Deverlanges, Amazones, ” Dominique Pelicot, , Dominique Peliquot, Jean, Pierre Maréchal, Maréchal, ” Maréchal, Caroline Darian, Valentine Rioufol, Rioufol, Salma Sabri, ” Valentine Rioufol, Linda Hervieux, ” Sabri, it’s, Sabri, Stephanie Vincent, scoffed, ” Vincent, Charlotte Flegon, ” Flegon, I’ll Organizations: ZZIIGG, Reuters, Fondation des Femmes, NBC News, Palais de, Getty, ” Defense, ” Police, Dare, NBC Locations: MAZAN, France, Avignon, Mazan, Paris, Bordeaux, Marseille, AFP, Montségur, Lauzon, Canada, Montreal
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Home Depot , our newest Club holding, stands out as the "single best" play for this rate cut environment, Jim Cramer said Monday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Stocks, Jim, Eaton, Ming Chi, Kuo, Jim Cramer's Organizations: CNBC, Nasdaq, Dow Jones, Depot, Club, Home Depot, Citi, Apple, Apple Intelligence, Colgate, Palmolive, Coca, Simon Property Group
Here are the biggest calls on Wall Street on Monday: Evercore ISI reiterates Alphabet as outperform Evercore says it's sticking with shares of the search giant. Morgan Stanley reiterates Micron as equal weight Morgan Stanley lowered its price target on the stock to $100 per share from $140. Morgan Stanley reiterates Tesla overweight Morgan Stanley says it's sticking with its overweight rating heading into Tesla's robotaxi day on Oct. 10. Morgan Stanley upgrades Ase Technology to overweight from equal weight Morgan Stanley said in its upgrade of Ase that the chipmaker's stock is defensive. Morgan Stanley upgrades Chart Industries to overweight from equal weight Morgan Stanley says the gas liquefication company has "significant exposure to both energy transition and renewables as well as traditional energy."
Persons: Evercore, Morgan Stanley, Tesla, Simon, Eaton, Wells, Pro Max, Carvana Evercore, Jack Sinclair, Curtis Valentine, Merchant Scott Neal, BTIG, Truist, Melius Organizations: DOJ, Micron, Technology, Industries, Citi, downgrades Colgate, Palmolive, CL, Barclays, GE, GE Vernova, JPMorgan, Apple, Pro, Ally, Mizuho, Oracle, " Bank of America, Nvidia, Bank of America Locations: Tesla's, Staples
The women Kamala Harris has mentored
  + stars: | 2024-09-15 | by ( Edward-Isaac Dovere | ) edition.cnn.com   time to read: +12 min
Angela Alsobrooks, the Democratic nominee for Senate in Maryland, has started collecting magazines with Harris on the cover, buttons, a T-shirt and other memorabilia. She broke down sobbing during Maya Harris’ convention speech when thinking of her own memories of the vice president’s mother. “’Hi, it’s Kamala Harris,’” Alsobrooks remembers hearing. Harris joins Prince George's County Executive Angela Alsobrooks onstage to speak at a campaign event in Landover on June 7, 2024. Cohen switched over to Harris’ campaign for a few shifts.
Persons: CNN —, Kamala Harris, Jahana Hayes, She’d, Hayes, Harris, Long, Ayanna Pressley, Laphonza Butler, , They’re, , Jasmine Crockett, , ” Crockett, she’d, Joe Biden, Crockett, boggle, Angela Alsobrooks, Lateefah Simon, Simon, Maya Harris ’, it’s, Susan Walsh, Alsobrooks, it’s Kamala Harris, ’ ” Alsobrooks, ” Alsobrooks, , Andrew Harnik, Andrea Campbell, “ Joy ”, Campbell, Harris “, ” Campbell, isn’t, Malia Cohen, Gavin Newsom’s, Cohen, Bruce Springsteen, ’ ” Cohen, ” Daniele Monroe, Moreno, Monroe, “ Kamala, ‘ I’ve, she’s, ” Monroe, Peggy Flanagan, hasn’t, Flanagan —, , Flanagan, , Emily Tisch Sussman, Paul, Abbie Parr, Biden, wasn’t, ’ ” Campbell, Harris ’, Kamala, that’s, I’d Organizations: CNN, National Democrats, Democratic, Massachusetts, Naval Observatory, Naval, Office, San, White, , Goodwill Industries, Prince George's, UCLA, Black, San Francisco, of Supervisors, Nevada Democratic Party, Gov Locations: Connecticut, Texas, Maryland, San Francisco, Oakland, ” Connecticut, New Haven, Landover, Boston, California, Las Vegas, Monroe, Minnesota, St, Iowa, United States
During Tuesday’s presidential debate, former President Donald Trump repeated unfounded claims that Haitian immigrants “are eating dogs and cats … eating people’s pets” in Springfield, Ohio. “The fact that Donald Trump wants to double down on something so ridiculous just breaks my heart again,” Smith said. The rumor follows years of insults hurled at Haitians and Haitian Americans, including unfounded claims of cannibalism, and Trump’s hostility toward Haitian immigrants during his administration. “I work every day with Haitian immigrants, and no one works as hard as them,” he said. “It’s really unreal.”On social media, Haitians have expressed disgust about the depiction, while others “won’t even entertain something so crazy,” Smith said.
Persons: Donald Trump, Carmine Simon Smith, ” Smith, , , Smith, Trump, Sen, JD Vance, Trump’s, Vance, Francois C, Antoine Simon, Jean, Claude Duvalier, Doc, Duvalier, Smith’s, That’s, It’s, ” Moses Jean, Pierre, Pierre said, They’re, ” Nasha Pierre, Moses Jean, Pierre ., Pierre “, Kamala Harris, ” Pierre, “ It’s, don’t, Rob Rue, Dany Philippe Organizations: NBC News, Local, White, America, Black, Hoops, Haiti, Trump, NBC Locations: Springfield , Ohio, Atlanta, R, Ohio, Springfield, Haitian, Haiti, El Salvador, France, Canada, Black Republic, Boston, Port, Phoenix, U.S, Florida, Las Vegas, America, Springfield’s, New York, That’s Haiti
The bank raised its price target on MercadoLibre Thursday to $2,500 from $2,225, suggesting 22% upside from Wednesday's close. The bank increased its price target to $230 from $200, implying nearly 16% upside from Wednesday's close. Supino also lifted the firm's price target to $93 a share, reflecting about 33% upside from Wednesday's close. Analyst Adam Berlin lowered his 12-month price target to $29 from $34, implying 6% downside. The investment firm's price target of $159 implies more than 2% downside from Wednesday's close.
Persons: Robert Ford Aguilar, — Michelle Fox, Wells, Wells Fargo, Eric Luebchow, Luebchow, Lisa Kailai Han, Sean Conlon, Wolfe, Peter Supino, Supino, Samantha Subin, BofA, George Staphos, a.m, Adam Berlin, Berlin, IPG, — Sean Conlon, Bernstein, Mark Moerdler, — Lisa Kailai Han, Stifel, Simon Yarmak, Andrea Pistacchi, Brandt Montour, it's, Montour, Fred Imbert Organizations: CNBC, Barclays, Bank of America, Diageo, Mercado, Mobile, Sprint, Wolfe Research, UBS downgrades, UBS, billings, GM, Pfizer, Oracle, Simon Property, Property Group, SPG, U.S, New York Stock Exchange Locations: Brazil, Mercado Pago, Wells Fargo, Wells, Roku, Berlin, America, U.S
Read previewBritish and American forces recently intercepted a drug-smuggling narco-sub carrying millions of dollars worth of Cocaine in the Caribbean Sea. Military photos show the bust, which was the first time the Royal Navy had ever intercepted a narco-sub. The Trent team has seized over 20,000 pounds of drugs in the past eight months, valued at almost $1 billion. AdvertisementThe Trent team is now the best hunter of smugglers in the Royal Navy this century. Related storiesAfter the Royal Navy and US Coast Guard retrieved the drugs, they brought them aboard for inspection.
Persons: , HMS, clambered, Tim Langford, HMS Trent's, Simon Doran, Kevin Ray J, Salvador Organizations: Service, American, Royal Navy, Business, US Coast Guard personnel, American Coast Guard, Royal Marine commandos, Trent, Royal, USCG, US Coast Guard, US Marine Corps, Marine Corps, Corps, . Marine Corps Locations: Caribbean, HMS Trent, Dominican Republic
Wells Fargo initiates Blackrock as overweight Wells Fargo said the asset manager is well positioned. " Bernstein reiterates Nvidia & Broadcom as top ideas Bernstein said both stocks remain top picks at the firm and that margin fears are overdone. Bernstein reiterates Oracle as a top idea Bernstein said it sees "increasing revenue growth" for Oracle. " Morgan Stanley reiterates Amazon, Alphabet and Meta as overweight Morgan Stanley said the three internet giant's are well positioned in the ad market. Morgan Stanley reiterates Apple as overweight Morgan Stanley named Apple to its Vintage Values list as a stock to own for the next 12 months.
Persons: Wells, Wells Fargo, Stephens, Bernstein, Blackwell, Morgan Stanley, Goldman Sachs, Goldman, Jefferies, McDonald's, it's, Wolfe, Apple, Raymond James Organizations: Simon Property Group, SPG, Blackstone, Apollo, TPG, SF, APO, Blackrock, Nvidia, Broadcom, Oracle, Bank of America, Diageo, of America, Barclays, TAM, CTV, FedEx, UBS, Costco, " Bank of America, Apple, Micron
Magistrate Kathy Crittenden accepted that Baker was remorseful and was unlikely to drive after drinking again. Police reported seeing Baker’s Tesla electric car driving erratically in the fashionable Byron Bay region where he lives at 2:11 a.m. July 20. Crittenden said the outage knocked police systems offline and an electronic breath test could not be completed on Baker. She said police resorted to an “old-fashioned sobriety test.”Police reported Baker was unsteady on his feet and smelled of alcohol. “The court has little difficulty in finding that Mr. Baker is remorseful for his offending and it is unlikely he will offend again,” she said.
Persons: Simon Baker, Patrick Jane, , Baker, Meryl Streep, Anne Hathaway, Oscar, Kazuo Ishiguro’s “ Klara, Taika, Kathy Crittenden, CrowdStrike, Crittenden, ” Crittenden, , remorseful Organizations: CBS, of, Police, ” Police Locations: MULLUMBIMBY, Australia, Australian, Mullumbimby, New South Wales, California, Byron Bay
Bloomberg | Bloomberg | Getty ImagesA landmark ruling from the European Union's top court means Ireland will receive 13 billion euros ($14.4 billion) in unpaid taxes from Apple — a windfall that Dublin had spent several years fighting to avoid. In a decision the European Court of Justice (ECJ) said was final, the EU's top court on Tuesday ruled that Apple must pay Ireland billions of euros in back taxes. For years, Ireland consistently argued that the iPhone maker should not have to repay unpaid taxes to the country. The decision comes at a time when Ireland is in the unusual position of running a budget surplus of several billion euros, partly due to the strength of corporate tax receipts. Shoppers and staff are seen inside the Apple Store, with its sleek modern interior design and prominent Apple logo on September 10, 2024 in Chongqing, China.
Persons: ECJ, Margrethe Vestager, Apple, Johanna Geron, Aidan Regan, there's, Simon Harris, Sir Keir Starmer, Brian Lawless, Robert Dever, Dever, Alex Cobham, Cobham, Cheng Xin Organizations: Bloomberg, Getty, Apple, Court of Justice, European Union, Reuters, Irish, University College Dublin, CNBC, Ireland's Finance Ministry, Ireland, U.S, England, Masons, Tax Justice Network, UN, Shoppers Locations: Wicklow, Dublin, Ireland, Brussels, Belgium, Farmleigh, Republic of Ireland, Chongqing, China
Read previewFormer Sony Computer Entertainment Europe president Chris Deering has a blunt message for recently laid-off game developers: They should "go to the beach for a year" or "drive an Uber" until the job market improves. "You're going to have to figure out how to get through it, drive an Uber, or whatever. His remarks come at a time when layoffs have hit the gaming industry hard. AdvertisementOther game developers, including Microsoft and Unity, have similarly downsized their studios this year, cutting over 3,000 jobs at the start of the year, BI reported in February. This series of layoffs in the game industry stemmed from slumping game sales and a shrinking gaming demographic, BI previously reported.
Persons: , Chris Deering, Deering, Simon Parkin's, Uber, Parkin Organizations: Service, Sony Computer Entertainment, European PlayStation, PlayStation, Business, PlayStation Studios, Microsoft, Unity, Cudo Ventures, Sony Interactive Entertainment, BI Locations: European, Deering
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