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☆ CrowdStrike shares spike after first quarterly report since global outage
▼ + stars: | 2024-08-28 | 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 EmailCrowdStrike shares spike after first quarterly report since global outagePaul Hickey, Bespoke Investment Group co-founder, Nicole Webb, Wealth Enhancement Group SVP, and Patrick Moorhead, Moor Insights & Strategy CEO and CNBC's Steve Kovach weigh in on CrowdStrike earnings.

Persons: Paul Hickey, Nicole Webb, Patrick Moorhead, Steve Kovach Organizations: Investment Group, Wealth, Moor

Robert F. Kennedy Jr., left, waves to the crowd as former President Donald Trump speaks at a campaign rally in Glendale, Arizona on August 23. Ross D. Franklin/APFormer President Donald Trump addressed supporters at a rally in Glendale, Arizona, Friday, where he was joined by Robert F. Kennedy Jr., who suspended his own presidential campaign just hours earlier. However, Harris did mention the border and criticized Trump’s role in tanking a bipartisan border bill earlier this year. RFK Jr. could be appointed to a health panel: When suspending his presidential campaign, Kennedy suggested that he could join a potential second Trump administration in a role that would oversee a health care portfolio. Alejandra Jaramillo and Michelle Watson contributed to this post.

Persons: Robert F, Kennedy Jr, Donald Trump, Ross D, Trump, Harris, Kamala Harris, Trump’s, John F, Kennedy, ” Kennedy, that’s, CNN’s Aaron Pellish, Kate Sullivan, Kristen Holmes, Alejandra Jaramillo, Michelle Watson Organizations: Franklin, Democratic National Convention, RFK Jr Locations: Glendale , Arizona, tanking, Glendale

☆ Insider Today: The Hamptons of Florida
▼ + stars: | 2024-08-24 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com time to read: +7 min

This week's dispatchView of Inlet Beach, Florida, one of the communities that makes up "30A" Courtesy of the Blankenship GroupMeet the "Hamptons of the South"A 26-mile stretch of Florida highway has been a well-kept secret for years. Sitting between popular spring break locales Destin and Panama City Beach, the 30A beaches comprise a few towns: Rosemary, Santa Rosa Beach, and Seaside. Despite the influx of interest and visitors, Kemp Stewart, a luxury rental owner who's seen 30A blow up in popularity, said that the beach towns' appeal has remained the same. No more night sweats : We found the three best cooling pajama sets for women to help hot sleepers chill out. AdvertisementMore of this week's top reads:The Insider Today team: Jordan Parker Erb, editor, in New York.

Persons: —, Suzanne Hayes, it's, Dan Latu, Kemp Stewart, who's, It's, Kemp, Ben Affleck, Jennifer Lopez, Monica Schipper, Affleck, Jenny Chang, Rodriguez, Monica Humphries, Natalie Ammari, Zers, they're, Warner, Kevin Costner's, Max, Air McNair, docuseries, Steve McNair, Rebecca Zisser, Skip, we've, Jordan Parker Erb, Dan DeFrancesco, Lisa Ryan, Amanda Yen Organizations: Service, Business, Panama City Beach, BI, Warner Bros, Apple, Labor Locations: Florida, Beach , Florida, Gulf, Mexico, Panama, Santa Rosa Beach, Seaside, Redfin, New York, New York City

☆ The Gulf of Mexico is blazing hot, but hurricane season is ominously quiet
▼ + stars: | 2024-08-23 | by ( Evan Bush | Evan Bush Is A Science Reporter For Nbc News. | ) www.nbcnews.com time to read: +3 min

The Summary Despite high ocean temperatures, hurricane season has hit a lull. The Gulf of Mexico is blazing hot, but hurricane season — temporarily, at least — has hit a lull, a surprise to researchers who see plenty of ingredients brewing in the Atlantic but no storms on the radar. Hurricane season begins June 1 and ends Nov. 30. Hurricane scientists predicted a record hurricane season this year, and it got off to a record-setting start when Hurricane Beryl became the first Category 4 storm to form in the Atlantic Ocean in June. The unofficial peak of hurricane season is Sept. 10.

Persons: —, “, ”, Philip Klotzbach, ” Klotzbach, Hurricane Beryl, it’s, Steve Bowen, Gallagher, unquote, ” Bowen, “ We’ve, we’re Organizations: National Hurricane Center, Colorado State University, University of Miami, University of Maine’s, Gallagher Re Locations: Gulf, Mexico, University of Miami ., Gulf of Mexico, West Africa

☆ Lily Allen says she returned pandemic puppy after it ate her family's passports and 'ruined my life'
▼ + stars: | 2024-08-23 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +2 min

English singer Lily Allen said she adopted a puppy during the Covid-19 pandemic, but returned it after it ate her family's passports. Jones cautioned that getting a dog with her husband, "Stranger Things" star David Harbour, is "a hell of a commitment." Allen said the pup ate her passport as well as those of her two daughters, Ethel, 12, and Marnie, 11, who she shares with her ex-husband Sam Cooper. Allen said "passports weren’t the only thing she ate." Allen and Harbour first sparked romance rumors in 2019 and they married in a Las Vegas wedding in September 2020, according to People Magazine.

Persons: Lily Allen, Steve Jones, Jude Bellingham, Jones, David Harbour, ” Allen, Allen, Ethel, Marnie, Sam Cooper Organizations: British Real Madrid soccer, People Magazine Locations: Welsh, Chihuahua, British, Covid, England, Allen, Las Vegas, New York City

☆ Steve Serio and Nicky Nieves named as Team USA flag bearers for 2024 Paralympic Games
▼ + stars: | 2024-08-23 | by ( Ariana Brockington | ) www.nbcnews.com time to read: +2 min

Athletes Steve Serio and Nicky Nieves have been selected as the Team USA flag bearers for the upcoming 2024 Paris Paralympic Games. The 2024 Games in Paris will mark his fifth Paralympics as he previously competed in the 2008 Beijing Paralympic Games, 2012 London Paralympic Games, 2016 Rio de Janeiro Paralympic Games and 2020 Tokyo Paralympic Games. Ahead of the Paris Paralympic Games, Team USA shared a video on Instagram of Serio, 36, taking a trip down memory lane as he revisited his headshots for past Games. The Team USA Instagram account shared a photo of Nieves posing alongside some of her USA women’s sitting volleyball teammates on Thursday. The 2024 Paris Paralympic Games begins with its opening ceremony on Aug. 28 and will end on Sept. 8.

Persons: Steve Serio, Nicky Nieves, Serio, Nieves, Peacock Organizations: Team USA, Paralympic Games, USA’s, Beijing Paralympic Games, Janeiro Paralympic Games, Tokyo Paralympic Games, Paris Paralympic Games, USA, Janeiro Games, USA women’s, Paralympic, Paris Paralympic, Concorde, Olympics Locations: Paris, Beijing, Rio, Tokyo, Serio, City of

☆ Chicago Fed President Austan Goolsbee on Fed Chair Jerome Powell's Jackson Hole Speech
▼ + stars: | 2024-08-23 | 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 EmailChicago Fed President Austan Goolsbee on Fed Chair Jerome Powell's Jackson Hole SpeechCNBC's Steve Liesman joins Halftime Report with Chicago Fed President Austan Goolsbee to discuss Jerome Powell's comments in Jackson Hole earlier today.

Persons: Austan Goolsbee, Jerome Powell's Jackson, Steve Liesman, Jerome Powell's, Jackson Organizations: Chicago, Chicago Fed

☆ Gettysburg National Military Park falls victim to vandalism
▼ + stars: | 2024-08-23 | by ( Lilit Marcus | ) edition.cnn.com time to read: +2 min

CNN —Vandalism has come to another US historic site, Pennsylvania’s Gettysburg National Military Park, where a pivotal battle of the Civil War was fought. “Our hearts sank when these two cases of vandalism were reported within days of each other,” Park Superintendent Kristina Heister said in a statement. “We were fearful that the graffiti carved into the rock may be there for future generations.”Luckily, park staff was able to clean and remove all traces of the vandalism. Heister thanked both the staffers who were able to remove the graffiti and park visitors who alerted them to the damage. More recently, rangers at the Grand Canyon – the second most visited national park in the US – issued a strong warning against leaving “love locks” hooked onto structures at the Arizona park.

Persons: Kristina Heister, “, Maddie, Heister, Steve, Lacy, Joshua Organizations: CNN, Military, National Park Service, Gettysburg, NPS, Military Park, Joshua Tree National, California condors Locations: Gettysburg, ”, Canadian, Joshua Tree, Arizona

☆ US stocks test record highs as Powell says 'the time has come for policy to adjust'
▼ + stars: | 2024-08-23 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

US stocks tested record highs as Fed chairman Jerome Powell delivered his speech at Jackson Hole. "The time has come for policy to adjust," Powell said, confirming imminent interest rate cuts. AdvertisementUS stocks tested record highs on Friday as Federal Reserve chairman Jerome Powell delivered remarks at the Jackson Hole economic symposium. AdvertisementOf note about Powell's Jackson Hole speech, according to Renaissance Macro Research, is that it didn't include the word "gradual." AdvertisementIf Friday's surge higher holds, it could buck the trend of the stock market's reaction to Powell's previous Jackson Hole speeches.

Persons: Jerome Powell, Jackson, Powell, —, Susan Collins, Raphael Bostic, Powell's Jackson, Steve Sosnick, Sosnick Organizations: Service, Federal, Treasury, CNBC, Macro, Interactive Brokers

☆ Atlanta Fed President Raphael Bostic: Can't wait until inflation is at 2% to start moving
▼ + stars: | 2024-08-23 | 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 EmailAtlanta Fed President Raphael Bostic: Can't wait until inflation is at 2% to start movingCNBC’s Steve Liesman and Atlanta Fed President Raphael Bostic join 'Squawk Box' to discuss the Fed's inflation fight, state of the economy, rate path outlook, and more.

Persons: Raphael Bostic, Steve Liesman Organizations: Atlanta, Atlanta Fed

Still, the Trump campaign has long worried that Kennedy’s campaign, built on conspiracies and anti-vaccine rhetoric, pulled directly from their side, especially in a handful of key states. Women were more likely to support Kennedy than men, according to a recent Pew Research Center survey, though other polls haven’t shown a meaningful difference. Supporters take a selfie together during a rally for independent presidential candidate Robert F. Kennedy Jr. on May 13, 2024 in Austin, Texas. Independent presidential candidate Robert F. Kennedy Jr. speaks to the media at a Cesar Chavez Day event at Union Station in Los Angeles, California on March 30, 2024. As Kennedy’s campaign picked up support, Trump labeled the former Democrat a member of the “radical left” and attacked his environmental activism.

Persons: Robert F, Kennedy Jr, Kennedy, “, ”, Trump, Donald Trump, Kamala Harris, It’s, Vermont Sen, Bernie Sanders ’, Donald Trump Jr, ” Trump, Ramsey Reid, ’, ” Reid, Harris, who’s, ” Harris, Michael Tyler, Biden, Scott Eisen, Trump Kennedy, Joe Biden, John F, Kennedy –, Chris LaCivita, LaCivita, Timothy Mellon, Sergio Flores, Don Jr, Roger Stone, Privately, Kennedy’s, Bobby Kennedy III, Nicole Shanahan, Tucker Carlson –, Omeed Malik, ” Kennedy, Cesar Chavez, Mario Tama, Shanahan, ” Shanahan, Kristen Holmes, Kate Sullivan, Ethan Cohen Organizations: CNN, Democratic, CBS, Republican, Pew Research Center, Fox News, Democratic National Committee, RFK Jr, Biden, Convention, Trump, Democrats, Electoral, DNC, Clear Choice PAC, Getty, Kennedy, Trump Jr, Union Station, White, Republican National Convention Locations: Arizona, Vermont, Boston , Massachusetts, Michigan, Wisconsin, ”, Pennsylvania, New York, Austin , Texas, AFP, Trump’s, Los Angeles , California, Milwaukee, Harris

The biggest chunk – about $1.9 million – was spent by Trump’s campaign and fundraising committees on a Trump-owned company that operates his jet. Karoline Leavitt, a spokesperson for Trump’s campaign, said that “committees are paying the fair market rate for all venues and services” provided by Trump businesses. The dynamic of candidates shelling out thousands on Trump’s businesses while vying for his endorsement – which can make or break Republican campaigns – is an example of how politics has boosted his businesses’ bottom line. About 150 congressional candidates have reported spending campaign funds at Trump businesses, including some Democrats in the years before his first presidential bid. Walker’s campaign spent a total of nearly $215,000 at Mar-a-Lago, Trump’s West Palm Beach golf club and his Las Vegas hotel.

Persons: Donald Trump, Bernie Moreno, who’d, wasn’t, glitzy, Trump, spender, who’ve, Moreno, Herschel Walker, Kari Lake, Trump’s, Karoline Leavitt, –, “ He’s, ”, Daniel Weiner, Brennan, New Jersey Sen, Robert Menendez’s, Delaware Sen, Chris Coons, Joe Biden, Jeff Dean, AP Moreno, J.D, Vance, ” Moreno, Kimberly Guilfoyle, Donald Trump Jr, David B, Cohen, ” Cohen, Reagan McCarthy, “, Walker’s, Walker, Scott Paradise, Sean Rayford, spenders, Lake, John Gibbs of, Vernon Jones of, Kathleen Clark, St . Louis, ” Leavitt, It’s, Weiner, ” Weiner, Lara Trump, hawking, Donald Trump's Mar, Joe Raedle, MAGA, Laurence Leamer, Lago, Leamer, ” Leamer, “ It’s, Steve Contorno, Kyung Lah, Alex Leeds Matthews, Alayna Treene Organizations: CNN, Ohio’s Senate, Trump’s, Florida, Republican, Republicans, GOP, Trump, Georgia Senate, Arizona, Mar, Republican Party, New, Trump National Golf Club, Ohio Senate, Senate, Twitter, University of Akron, Las, Former Republican, The Washington Post, Washington University, Super, TAG Air, Inc, Boeing, “ Trump Force, Brennan, Republican National Committee, RNC, Fund, National Republican Congressional, White Locations: Ohio’s, Lago, Georgia, Trump, New Jersey, Virginia, Delaware, Florida, Vandalia , Ohio, Ohio, Cleveland, Palm Beach, Las Vegas, Arizona, Majewski, John Gibbs of Michigan, Vernon Jones of Georgia, Mar, St ., Palm Beach , Florida, American

☆ U.S. job growth revised down by the most since 2009. Why this time is different
▼ + stars: | 2024-08-21 | by ( Steve Liesman | ) www.cnbc.com time to read: +4 min

A few facts worth considering:By the time the 2009 revisions came out (824,000 jobs were overstated), the National Bureau of Economic Research had already declared a recession six months earlier. (It would subsequently be revised higher in the two of those quarters, one of which was revised higher to show growth, rather than contraction. As a signal that job growth has been overstated by an average of 68,000 per month during the revision period, it is more or less accurate. In the cutting process, the Fed will follow growth and jobs data more closely, just as it monitored inflation data more closely in the hiking process. The jobs data could be subject to noise from immigrant hiring and can be volatile.

Persons: payrolls, Goldman Sachs Organizations: Amerant, National Bureau of Economic Research, Bureau of Labor Statistics, Goldman Locations: Florida, Sunrise , Florida

☆ Travel isn’t dead. It’s just taking a vacation
▼ + stars: | 2024-08-19 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +5 min

New York CNN —CEOs of many of the biggest US hotel and travel companies are coming off a bit like doomsayers these days with their warnings about the declining health of consumers and their waning appetite for travel. Gary Hershorn/Getty ImagesMuch of the revenue growth that travel companies reported in recent years resulted from inflation, said David Tinsley, a senior economist at Bank of America Institute. “It was always going to be tough to expect travel spending to be showing the kind of momentum it showed 12 months ago,” he told CNN. “I don’t think the current situation is particularly bleak — it’s reasonable to see more normalization playing out,” he said, referring to travel spending getting back on par with pre-pandemic trends. Still, it’s not hard to see why this mixed picture is prompting travel companies to tread carefully.

Persons: —, ”, Brian Chesky, “ It’s, Ellie Mertz, Chris Nassetta, Airbnb’s Mertz, haven’t, Jan Freitag, ” Freitag, Walt Disney, Gary Hershorn, David Tinsley, Tinsley, “, Steve Hafner, it’s Organizations: New, New York CNN, Conference, Bank of America Institute, CNN Locations: New York, ”

☆ Burned and uninsured: Wildfires are leaving California’s housing market in trouble
▼ + stars: | 2024-08-18 | by ( Shania Baweja | Taylor Galgano | ) edition.cnn.com time to read: +8 min

That’s made home insurance increasingly unaffordable or even inaccessible – and that’s leaving more people in the same position as the Daneaus. California’s largest insurer, State Farm, requested a 30% rate increase for its homeowner’s line last month. Last year, California Insurance Commissioner Ricardo Lara reached an agreement with insurers with an aim to cover approximately 85% of properties in high-risk areas. “[My insurance plan] wasn’t canceled but my insurance company increased the rates quite a bit,” she said. But he cautioned there’s no guarantee of that, leaving homeowners like the Daneaus grappling with uncertainty.

Persons: Los Angeles CNN —, Michael, Kristy Daneau’s, Kristy, Michael Daneau, Kristy Daneau, That’s, “ We’re, ” Michael, ”, aren’t, Justin Sullivan, California’s, it’s, ” Michael Daneau, Ricardo Lara, Kristy Daneau's, what’s, Steve Hawks, Woolsey, Angela Wilson, LAEPF, Wilson, Brent Woodworth, there’s, “ I’m, we’ve, CNN’s Camila Bernal, Sarah Moon Organizations: Los Angeles CNN, Gas & Electric, Insurance Information Institute, California Department of Insurance, Farm, State, CNN, FAIR, California FAIR, California, Golden State, The Insurance Institute for Business & Home Safety, Institute for Business & Home Safety, for Business & Home, Los, Emergency Preparedness Foundation Locations: Cohasset, California, Paradise , California, Santa Monica, Malibu

Businessman Eric Hovde won the Wisconsin Republican primary for Senate, NBC News projects, setting up a critical battleground state race against Democratic Sen. Tammy Baldwin. Baldwin’s seat is a top priority for both parties in the battle for control of the closely divided Senate. Baldwin has also fared better than the top of the Democratic ticket in some recent Wisconsin polling. An independently wealthy businessman, Hovde, who ran unsuccessfully for Senate in 2012, has already loaned his campaign $13 million. With Hovde long viewed as the favorite to win the GOP nomination, the two candidates have already been trading barbs.

Persons: Eric Hovde, Democratic Sen, Tammy Baldwin, Hovde, Donald Trump, Baldwin, Joe Biden, “, Eric Hub, ”, Tony Evers ’, Ilhan Omar, Don Samuels, Michelle Fischbach, Fischbach, Steve Boyd, Angie Craig, Joe Teirab, Teirab, Craig, Jahana Hayes, Sen, George Logan, Hayes, Logan, Biden, Chris Murphy, Matthew Corey, Phil Scott, Bernie Sanders, Sanders, Gerald Malloy, Esther Charlestin, Scott Organizations: Wisconsin Republican, Senate, NBC News, Democratic, Republicans, White, GOP, Democratic Gov, Associated Press, Minneapolis City, Hamas, Trump, District, Marine, Republican, AP, Republican Gov, Middlebury Selectboard Locations: Wisconsin, Minnesota , Connecticut, Vermont, Minnesota, Washington, Connecticut's, Connecticut

☆ Reddit's increased reliance on Google traffic has Wall Street anxious to see if visitors sign up
▼ + stars: | 2024-08-14 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +10 min

Reddit calls them logged-out users and, based on some industry estimates, they only monetize at about one-third the rate of logged-in users. The number of logged-out users surpassed logged-in users in the fourth quarter, and the gap has since widened. Logged-in users increased 31% in the second quarter to 42 million, while logged-out users increased at a much more robust rate of 74% to 49.2 million. Alan Gould, managing director at Loop Capital, said Google makes up "the vast majority of the logged-out users." By 2025, Reddit's logged-in users could represent an ARPU of $17.60 compared to $5.90 for logged-out users, Black said, based on the firm's estimates.

Persons: Spencer Platt, Tom Wahlin's, Hacker, Wahlin, we're, Lily Ray, Amsive, Ray, Reddit, Alan Gould, Daniel Konstantinovic, Konstantinovic, Benjamin Black, monetization, they'll, Reddit's, Black, Jen Wong, Wong, Steve Huffman, They'll, Huffman Organizations: New York Stock Exchange, Getty, Aer, Google, U.S, Loop, Deutsche Bank, CNBC, AllGear Digital, YouTube Locations: New York City, U.S, Reddit

☆ Monaco is 1 of 6 locations hosting the star-studded E1 — a race thought ‘impossible’ before it began
▼ + stars: | 2024-08-14 | by ( Marylou Costa | ) www.cnbc.com time to read: +6 min

During the Monaco race on July 28, Bernard d'Alessandri, general secretary and managing director of Yacht Club de Monaco, said E1 showcases new technology for boat racing. "Before E1, it was impossible to have a race with electric boats," he said. Acceptance of electric boating among the eliteRacebird creator Sophi Horne said getting the attention of Monaco's boating elite wasn't easy. Team owners Didier Drogba and Tom Brady speak with Alejandro Agag, co-founder and chairman of the E1 Series, ahead of the E1 race in Venice, Italy — the second of the series. The final two E1 races are scheduled to occur in Lake Como, Italy and Hong Kong.

Persons: Shiv, Bernard d'Alessandri, Akin, Racebird, Rodi Basso, Team Rafa, Rafael Nadal, Basso, Prince Albert II of Monaco, Sophi Horne, Cara Delevingne, Lloyd, Horne, they've, …, Will Smith, Marc Anthony, Tom Brady, Didier Drogba, Virat Kohli, Sergio Perez, Steve Aoki, Marcelo Claure —, Alejandro Agag, Italy —, Daniele Venturelli, Brady, Drogba, Nadal, Carlos Duarte, Racebirds Organizations: Port, Media Monaco, Monaco, Yacht Club de Monaco, Formula, Team, NFL, Getty Locations: Monaco, Saudi Arabia, Racebirds, Venice, Italy, Mallorca, Lake Como, Hong Kong

☆ How ‘Deepfake Elon Musk’ Became the Internet’s Biggest Scammer
▼ + stars: | 2024-08-14 | by ( Stuart A. Thompson | ) www.nytimes.com time to read: +13 min

How ‘Deepfake Elon Musk’ Became the Internet’s Biggest Scammer An A.I.-powered version of Mr. Musk has appeared in thousands of inauthentic ads, contributing to billions in fraud. Mr. Beauchamp, an 82-year-old retiree, saw a video late last year of Mr. Musk endorsing a radical investment opportunity that promised rapid returns. “I mean, the picture of him — it was him,” Mr. Beauchamp said about the video he saw of Mr. Musk. Original A.I. Audio Original Original A.I.

Persons: ‘ Deepfake Elon, Musk, Steve Beauchamp, Elon, Beauchamp, —, ” Mr, ‘ Pick, ’ that’s, “ It’s, ”, Francesco Cavalli, Scammers, Thorold Barker, Sensity, Warren Buffett, Jeff Bezos, “ Elon, Donald J, Trump, Elon Musk, Andrew Forrest, scammers, Lou Steinberg, Cavalli, Eastern Europe — cobble, “ There’s, Molly White, Finn Brunton, Davis, “ I’m Organizations: A.I, Deloitte, Wall, Street, Amazon, India, Facebook, YouTube, Better Business Bureau, CNET, Meta, Hong Kong’s Securities, Futures Commission, Federal Trade Commission, Federal Bureau of Investigations, TED, Fox News, Eastern Europe —, Tesla, University of California, CNN, New York Times, Magna, The New York Times, Better Locations: Sensity, India, Russia, China, Eastern Europe, Ontario, Canada

Tuesday’s primaries will also determine the matchups for some notable House seats, with Republicans looking to defend their slim majority. While Steil is expected to face Democratic former Rep. Peter Barca, multiple Democrats are competing to take on Van Orden. The top fundraisers in the Democratic primary include nonprofit leader Rebecca Cooke, state Rep. Katrina Shankland and activist Eric Wilson. Teirab is the top candidate in the Republican primary after his chief rival dropped out last month. Democratic Rep. Ilhan Omar is looking to faces multiple opponents in the deep-blue 5th District, which includes Minneapolis.

Persons: Eric Hovde, Donald Trump’s, Democratic Sen, Tammy Baldwin, Amy Klobuchar, Connecticut’s Chris Murphy, Vermont’s Bernie Sanders —, Klobuchar, Royce White, Derrick Van Orden, Bryan Steil, Steil, Peter Barca, Van Orden, Rebecca Cooke, Katrina Shankland, Eric Wilson, Democrats — Minnesota’s Angie Craig, Connecticut’s Jahana Hayes —, Hayes, Sen, George Logan, Trump, Joe Teirab, Craig, Ilhan Omar, Don Samuels, Omar, outspent Samuels, Samuels, Jamaal Bowman, Cori Bush, Michelle Fischbach, Fischbach, Steve Boyd, “, ”, Mike Gallagher’s, — Gallagher, Tony Wied, André Jacque, Roger Roth, Kristin Lyerly, Will, Evers, Tony Evers Organizations: Senate, Republican, Democratic, Republicans, NBA, GOP, Rep, Van, Democrats, Marine, Tuesday, Minneapolis City Council, United Democratic, American Israel Public Affairs Committee, Israel, Trump, America Leads Inc, Wisconsin’s, Republican Rep, Green Bay Packers, OB Locations: Wisconsin , Minnesota , Connecticut, Vermont, Wisconsin, Minnesota, Connecticut’s, Minnesota’s, Teirab, Minneapolis, New York, Missouri, Washington, District, Will Wisconsin

☆ Why Wall Street thinks Brian Niccol is the person to revive Starbucks — and end the Howard Schultz era
▼ + stars: | 2024-08-13 | by ( Amelia Lucas | ) www.cnbc.com time to read: +4 min

In this article SBUXCMG Follow your favorite stocks CREATE FREE ACCOUNTBrian Niccol, CEO of Chipotle Anjali Sundaram | CNBCWall Street believes Brian Niccol is the right choice to turn around Starbucks — and move the chain past the decadeslong Howard Schultz era. Starbucks tapped Niccol as its latest chief executive and chair on Tuesday. Niccol replaces Laxman Narasimhan, who took over the top job in March 2023 after being handpicked by former CEO Schultz. Other analysts wrote glowingly of Niccol, seeing him as the right person to tackle Starbucks' sluggish sales. Some analysts believe that having Niccol, an experienced restaurant CEO, in the driver's seat could mean that Schultz finally moves on.

Persons: Brian Niccol, Chipotle Anjali Sundaram, Howard Schultz, Niccol, Laxman Narasimhan, Schultz, TD Cowen, Andrew Charles, Piper Sandler, Baird, Oppenheimer, Brian Bittner, Brian, David Palmer, Morgan Stanley, Brian Harbour, Mellody Hobson, Niccol's, Hobson, Gordon, Don Bilson, Chipotle, Steve Ells, Bernstein, Danilo Gargiulo Organizations: CNBC, Starbucks, SBUX, Newport Locations: Denver, Newport Beach

☆ New book says Bill Gates was envious of Steve Jobs' magnetism: 'How does he do that?'
▼ + stars: | 2024-08-13 | by ( Sarah Jackson | Jordan Hart | ) www.businessinsider.com time to read: +1 min

Microsoft cofounder Bill Gates and Apple cofounder Steve Jobs were two of the biggest tech CEOs of their time. While they at times were both friend and foe, Gates admired and envied Jobs' magnetism, a new book says. Gates has previously said he was "jealous" of Jobs' ability to captivate an audience. AdvertisementBill Gates and Steve Jobs were some of the most influential tech leaders of their time while at the helm of Microsoft and Apple respectively. Gates has spoken of his admiration for Jobs' magnetic persona and ability to woo a crowd, and a new book reveals further details about Gates' envy of the late Apple cofounder.

Persons: Bill Gates, Steve Jobs, Gates, envied, —, Jobs, Anupreeta Das Organizations: Service, Microsoft, Apple, New York Times, Macworld, Business

☆ Surprised how little tech came up during the Musk-Trump conversation, says Niki Christoff
▼ + stars: | 2024-08-13 | 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 EmailSurprised how little tech came up during the Musk-Trump conversation, says Niki ChristoffCNBC’s Steve Kovach and Niki Christoff, Christoff and Company CEO, join 'Squawk Box' to discuss Elon Musk's conversation with former President Donald Trump, takeaways from the X interview, what's behind the Musk-Trump alliance, and more.

Persons: Niki Christoff, Steve Kovach, Elon, Donald Trump, what's Organizations: takeaways, Trump Locations: Christoff

☆ As Trump flails and invites conspiracies, allies plea for him to stay on message
▼ + stars: | 2024-08-13 | by ( Kristen Holmes | Steve Contorno | ) edition.cnn.com time to read: +10 min

“There’s a lot of opposition to people just hearing what President Trump has to say,” Musk said. “President Trump prosecuted the case against Kamala Harris for over two hours yesterday in a record-breaking conversation on X Spaces. The Trump campaign has repeatedly featured Dion’s hit song, “My Heart Will Go On,” at rallies throughout 2023 and 2024. In a segment on Fox Business, Trump allies Larry Kudlow and Kellyanne Conway shared a message clearly tailored to their friend. “Don’t wander off, don’t call her stupid and all kinds of names, stay on message,” Kudlow said.

Persons: Donald Trump’s, Elon Musk, Musk, “, Trump, ” Musk, Kamala Harris, Harris, Joe Biden, Kamala, Walz, Steven Cheung, Biden, flailing, Brian Kemp of Georgia, Martin Luther King Jr, Donald Trump, ”, Steve Deace, “ Donald Trump, Celine Dion, Dion’s, Larry Kudlow, Kellyanne Conway, don’t, ” Kudlow, Conway, ” Conway, Kevin McCarthy, They’ll, Laura Loomer, Loomer, –, Ron DeSantis ’ Organizations: CNN, Elon, Trump, Republican Gov, Jobs, “, Saturday, Capitol, Fox Business, Republican, Mar, National Association of Black Journalists, Florida Gov Locations: Trump, Washington, Montana, ”, Bedminster , New Jersey, Michigan, Detroit

☆ Fed's Bostic: If economy evolves as I expect, should be rate cuts by year-end
▼ + stars: | 2024-08-13 | 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 EmailFed's Bostic: If economy evolves as I expect, should be rate cuts by year-endCNBC's Steve Liesman joins 'The Exchange' to discuss the latest news on the Fed, as Atlanta Fed President Raphael Bostic speaks on the economy.

Persons: Steve Liesman, Raphael Bostic Organizations: Atlanta Fed

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