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☆ CNN offers to host live town halls with Trump and Harris
▼ + stars: | 2024-10-10 | by ( Brian Stelter | ) edition.cnn.com time to read: +2 min

New York CNN —With former President Donald Trump ruling out any more presidential debates between now and Election Day, CNN shifting course Thursday and invited both Trump and Vice President Kamala Harris to participate in town hall events with voters. “Trump may want to hide from the voters, but Vice President Harris welcomes the opportunity to share her vision for a New Way Forward for the country. The network said the town halls will take place before a live audience of persuadable and undecided voters from Pennsylvania. Harris quickly accepted the invite, but Trump repeatedly shrugged it off, despite the Harris campaign’s attempts to goad him into participating. The country’s leading Spanish-language network, Univision, is broadcasting its own town hall with Harris on Thursday night and with Trump on October 16.

Persons: Donald Trump, Kamala Harris, Harris, “ Trump, ” Harris, Jen O’Malley Dillon, persuadable, “, Trump’s, ”, Trump, CNN’s Kate Sullivan, Samantha Waldenberg Organizations: New, New York CNN, CNN, Trump, ” CNN, Fox News, Republican, ABC, Univision Locations: New York, Pennsylvania, United States, Atlanta

☆ Inflation rate at 2.4% in September, topping expectations; jobless claims highest since August 2023
▼ + stars: | 2024-10-10 | by ( Jeff Cox | ) www.cnbc.com time to read: +1 min

Both readings were 0.1 percentage point above the Dow Jones consensus. The annual inflation rate was 0.1 percentage point lower than August. Excluding food and energy, core prices increased 0.3% on the month, putting the annual rate at 3.3%. Both core readings also were 0.1 percentage point above forecast. After a half percentage point reduction in September, the central bank is expected to continue cutting, though the pace and degree remain in question.

Persons: Justin Sullivan, Dow Jones Organizations: Labor Department, Dow, of Labor Statistics, Federal Reserve Locations: Greenbrae , California, U.S

☆ Chinese EV makers will have to swallow tariff costs in short term
▼ + stars: | 2024-10-10 | 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 EmailChina EV makers will swallow tariff costs in short term as they 'don't really have a choice'Vivek Vaidya of Frost & Sullivan talks about the risks around Chinese-made electric vehicles, and explains why he thinks Southeast Asia will benefit from automakers looking to circumvent duties.

Persons: Vivek Vaidya, Frost & Sullivan Organizations: China, Frost & Locations: Asia

☆ The chemtrail conspiracy theory has its moment in the sun amid hurricanes Milton and Helene
▼ + stars: | 2024-10-10 | by ( Donie O'Sullivan | ) edition.cnn.com time to read: +7 min

As myths about Milton and Helene spread, interest in chemtrails increased too on Google search and social media. Despite the lack of evidence to support it, the so-called chemtrail conspiracy theory has endured for decades. Some of the promotion of the conspiracy theory has taken on a distinctively antisemitic tone. Peters previously promoted the unhinged conspiracy theory that ballots were flown from Asia as part of a plot to steal the 2020 election from President Trump. Friedrich suggested the conspiracy theories blaming weather manipulation for the devastation caused by Hurricanes Helene and Milton is a way to distract from the real effects of climate change.

Persons: Milton, Donald Trump, Helene, ” Trump, Robert F, Kennedy Jr, ” Daniel Swain, ”, Harris, Hurricanes Helene, Alex Jones, “, ” Jones, Stew Peters, X, Hurricane Milton, ” Peters, Peters, Trump, Marjorie Taylor Greene, Rothschild, Greene, Katja Friedrich, Friedrich, Joshua Horton Organizations: CNN, Hurricanes, Trump, Google, Harvard University, University of California, Biden, Pentagon, NOAA, Republican, University of Colorado Locations: Tennessee, University of California Los Angeles, Hurricane, United States, Asia, Arizona, California, University of Colorado Boulder

☆ Georgia group that pushes election misinformation gains influence
▼ + stars: | 2024-10-09 | by ( Curt Devine | Donie O'Sullivan | ) edition.cnn.com time to read: +14 min

As an example, he cited his inability to review ballots from the 2020 election. If the system is secure, they would have produced the paper ballots,” Favorito said. Favorito has also made connections with election officials around Georgia, some in Republican-leaning districts. Still, after Donald Trump lost the presidency, VoterGA began peddling claims that “significant evidence of fraud” existed in Georgia’s 2020 election. Favorito and VoterGA have made connections with others in the national movement that has cast doubt on the 2020 election.

Persons: Garland Favorito, VoterGA, they’ve, Favorito, Michael Flynn, ” Gabriel Sterling, ” Favorito, John F, Favorito’s, US Sen, David Perdue, Garland, Matt Hamilton, Holden, ”, ” Holden, “, David Hancock, ” Megan Bellamy, “ We’re, Joseph Kirk, Travis Doss Jr, Doss, Bill Clinton, Clinton, Israel, President Kennedy, Robert, Israel’s, CNN “, ” Garland, Donald Trump, Patrick Byrne, Overstock.com, Doug Logan, Cleta Mitchell, Flynn, Sterling, ” Sterling, Trump, ” CNN’s Sean Clark Organizations: CNN, Peach State, Republican, Trump, “, CIA, Georgia Capitol, US, Chattanooga Times Free Press, Facebook, Georgia, The Atlanta, ”, America, JFK Jr, Southern Poverty Law Center, Nazi, Favorito, Georgia Bureau of Investigation, FBI, The America, American Locations: Georgia, Peach, ”, Ringgold , Georgia, Paulding County, Atlanta, Gwinnett, “ Georgia, Bartow County, Washington, Georgia’s, Fulton County, Maricopa County

Simon & Schuster“That fucking Putin,” Biden said to advisers in the Oval Office not long after Russia’s invasion of Ukraine, according to Woodward. “This is what Putin plans to do,” CIA Director Bill Burns said to Biden, according to Woodward. Woodward asked Trump aide Jason Miller whether Trump and Putin had spoken since he left the White House. I wouldn’t purport to speak to what President Trump may or may not have done,” Haines said, according to Woodward. As Trump framed his presidential campaign around fear, Woodward writes that Graham said of the former president: “Trump is becoming more erratic.

Persons: CNN —, Bob Woodward, Joe Biden’s, Benjamin Netanyahu, Vladimir Putin, Bibi Netanyahu, he’s, ” Biden, Woodward, Simon, Schuster, Putin, “ Putin, ”, Donald Trump’s, Putin –, Trump, Biden, Netanyahu, Hunter Biden’s, – Woodward, – Biden, “, General Merrick Garland, Barack Obama’s, Barack, ’ Woodward, ” Woodward, Joe Biden, Brendan Smialowski, —, Bill Burns, I’ve, Putin “, Volodymyr Zelensky, Kamala Harris, Harris, Zelensky, Alex Wong, Jake Sullivan, Lloyd Austin, ” Austin, Sergei Shoigu, ” Shoigu, “ Mr, ” Colin Kahl, Abbott, Putin —, Covid —, ” Putin, ” Trump, Donald Trump, Trump’s, Jason Miller, ” Miller, National Intelligence Avril Haines “, ” Haines, ‘ Trump, Sen, Lindsey Graham, ” Graham, Biden “, “ You’ve, you’ve, ” “, Graham, “ Trump, ” ‘ Bibi, Israel, ” Netanyahu, “ Bibi, ’ ” Biden, Saudi Arabia’s Crown Prince Mohammed bin Salman, State Anthony Blinken, Blinken, Antony Blinken, Saudi Crown Prince Mohammed bin Salman, Evelyn Hockstein, Woodard, bin Salman, JAKE SULLIVAN, ” ‘, Garland ’, George W, Bush, Obama, Merrick Garland, ” Bush, Garland, Hunter Biden, “ Hunter, Biden —, ” Blinken, You’ve, that’s, Kevin Dietsch, ” Harris, Joe Manchin Organizations: CNN, Trump, Putin, White House, Villa, Grange, Getty, CIA, Munich Security Conference, ”, White, Pentagon, Russia, National Intelligence, South Carolina Republican, Iranian Revolutionary Guard Corps, Iran, Saudi Arabia’s Crown, State, MBS, Saudi Crown, South, Saudi, “ TRUMP, Biden, intel, Justice Department, Democratic Party, Democratic, Democratic National Convention, United Center Locations: Gaza, Ukraine, Afghanistan, Crimea, Russia, Geneva, AFP, “, Washington , DC, Russian, United States, Helsinki, North Korea, ”, Israel, Rafah, Syria, Iran, Saudi Arabia, Jordan, Beirut, Ula, Saudi, Palestinian, South Carolina, Chicago

☆ Trump vows to ‘remove the Jew haters’ if reelected during event commemorating October 7 attacks
▼ + stars: | 2024-10-08 | by ( Kate Sullivan | ) edition.cnn.com time to read: +3 min

CNN —Former President Donald Trump said Monday he would “remove the Jew haters” if reelected, speaking at an event commemorating the first anniversary of the October 7 Hamas attacks in Israel. We will remove the jihadist sympathizers and Jew haters. We’re going to remove the Jew haters who do nothing to help our country, they only want to destroy our country,” he said during the event at his golf course in Doral, Florida. “The anti-Jewish hatred has returned even here in America, in our streets, our media and our college campuses and within the ranks of the Democrat Party, in particular, not in the Republican Party. I will tell you that it’s not in the Republican Party,” the former president added.

Persons: Donald Trump, ”, “, haters, Trump, ” Trump, Biden, there’s Organizations: CNN, Democrat Party, Republican Party, GOP, Republican National Convention, Israel, Jewish, Republican Jewish Coalition Locations: Israel, Doral , Florida, America, United States

☆ 10 scandals Melania Trump addresses in her new memoir
▼ + stars: | 2024-10-08 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +1 min

Melania Trump said that her chief of staff "failed" to inform her about the violent insurrection on January 6. Stephanie Grisham showed her text exchange with Melania Trump from January 6, 2021, at the Democratic National Convention. In 2022, Stephanie Grisham, Melania Trump's former press secretary, shared a screenshot of the alleged text exchange. Grisham texted Melania Trump according to the screenshot. In response to Melania Trump's claims in the memoir, Grisham told The Hill that turning on her is "the Trump formula."

Persons: Melania Trump, Stephanie Grisham, Justin Sullivan, Melania, Grisham, Melania Trump's, Trump Organizations: Democratic National Convention, Capitol

☆ China's growth is set to slow next year despite temporary boost from stimulus, World Bank warns
▼ + stars: | 2024-10-08 | by ( Dylan Butts | ) www.cnbc.com time to read: +3 min

However, despite the measures, which have mainly focused on monetary policy, the World Bank's 2025 growth projection was unchanged from earlier projections. The international lender estimated that China's growth rate would drop to 4.3% next year, down from a projected 4.8% in 2024, in an economic update on Tuesday. China's economic growth rate is expected to decline further in 2025 despite a temporary boost from recent stimulus measures, according to the World Bank. The World Bank has long advocated for China to boost its growth through bold policy actions such as unleashing competition, upgrading infrastructure, and reforming education. "For three decades, China's growth has spilled over beneficially to its neighbors, but the size of that impetus is now diminishing," the World Bank said in its Tuesday report.

Persons: Aaditya, Mattoo, James Sullivan, Hui Shan, Goldman Sachs, CNBC's, Goldman Organizations: World Bank, Bank, JPMorgan, National, Reform, East Locations: Aaditya Mattoo, East Asia, Pacific, Beijing, Asia, China, beneficially

☆ Wall Street is getting tired of Corona brewer Constellation, but Jim Cramer says to hold on
▼ + stars: | 2024-10-07 | by ( Paulina Likos | ) www.cnbc.com time to read: +6 min

Jim Cramer is planning to stay in the game with Constellation Brands , despite a Wall Street firm moving to the sidelines on the Mexican beer importer. Shares of New York-based Constellation Brands fell 1.5% Monday, off their lows of the session. In the June-to-August period reported Thursday, beer sales rose 6%, compared with increases of 8%, 11% and 11.8% in its three prior quarters. In explaining why we're sticking with Constellation, Jim said Monday he liked what he heard from Constellation Brands CEO Bill Newlands during the executive's appearance Friday on "Mad Money." This uptick coincided with increased marketing spending behind its top beer brands, Newlands said.

Persons: Jim Cramer, Jim, there's, Bill Newlands, Newlands, —, Kim Crawford, Meiomi, Duckhorn, Morgan Stanley, Jim Cramer's, Justin Sullivan Organizations: Constellation Brands, Bank of America, Modelo, Corona, Constellation, CNBC Locations: York, Mexico, Corona, San Anselmo , California

☆ British billionaire slashes the price of his London mansion by $13 million, saying the rich are fleeing the UK. See inside the storied property.
▼ + stars: | 2024-10-06 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +4 min

British billionaire David Sullivan has cut the price of his London mansion by about $13 million. The businessman, who owns the West Ham United soccer club, said he is taking a loss on the property. AdvertisementBritish billionaire David Sullivan has cut the price of his London mansion to £65 million (about $85 million), knocking about $13 million off of the previous asking price. AdvertisementDavenport purchased the house from the Sierra Leone High Commission in 1999.Who is David Sullivan? David Sullivan.

Persons: David Sullivan, Sullivan, —, Knight Frank, Knight Frank Sullivan, Edward Davenport, Kate Moss, Provocateur, Amy Winehouse, Knight Frank Davenport's, Paris Hilton, Daniel Radcliffe, Davenport, Chris Brunskill, Sunday Times Rich Organizations: West Ham United soccer, Service, West Ham United, Bloomberg, Guardian, Sierra Leone High Commission, Getty, Sunday Times, Daily Sport, Sunday Sport, Times, I'm Locations: London, Monaco, Dubai, Marylebone, Portland, Paris

☆ Musk calls for people to register to vote
▼ + stars: | 2024-10-05 | by ( Daniel Strauss | ) edition.cnn.com time to read: +3 min

CNN —In his first appearance with Donald Trump on the campaign trail, billionaire Elon Musk on Saturday called on people to register to vote as he cast Democrats as a threat to democracy. “Register to vote, OK? Drag them to register to vote. There’s only two days left to register to vote in Georgia and Arizona. And then make sure they actually do vote,” Musk said at the former president’s rally in Butler, Pennsylvania.

Persons: CNN —, Donald Trump, Elon Musk, There’s, ” Musk, Musk, Kamala Harris, Joe Biden, “, Trump, Harris, Musk’s, Corey Contempore, ” Trump, Ohio Sen, JD Vance, Eric Trump, Lara Trump, Scott Presler, Christopher Macchio, ”, ” Trump baselessly, I’ve, Biden, CNN’s Kate Sullivan, Shania Shelton Organizations: CNN, Trump, Capitol, RNC Locations: Georgia, Arizona, Butler , Pennsylvania, America, Butler, Maria, Florida

☆ Yellow jackets in Helene aftermath and prosecutor reviews Menendez brothers' conviction: Morning Rundown
▼ + stars: | 2024-10-04 | by ( Elizabeth Robinson | Elizabeth Robinson Is A Newsletter Editor For Nbc News | Based In Los Angeles. | ) www.nbcnews.com time to read: +9 min

And Kim Kardashian advocates for the release of the Menendez brothers. Chris Kofinis, a Democratic strategist, said Harris’ campaign is banking on Trump’s weaknesses being enough to carry Harris to victory. as the Harris campaign works to engage a group of voters threatening to defect over the Biden administration’s handling of the situation in the Middle East. People who are allergic to bees are usually allergic to yellow jackets as well, though the scale of the reaction may differ. Meanwhile, prosecutors in California said they are reviewing the Menendez brothers’ convictions to determine whether they should be resentenced and potentially released.

Persons: Kamala Harris, Kim Kardashian, Menendez, ‘, Harris, Justin Sullivan, Donald Trump, Harris ’, she’s, “, ”, Steve Shurtleff, Chris Kofinis, ” Harris, Tim Walz, Trump, Walz, Barack Obama, Hezbollah’s, Hezbollah's, Hashem Safieddine, Ayatollah Ali Khamenei, Hassan Nasrallah, Chris Hayes, L.A, Lyle, Erik, ” Kardashian, Erik Menendez, Netflix’s, Read, George Gascón, Jack Smith’s, Smith, Jeff Greenberg, Helene, Alexandra Byrne, — Rich Bellis, Elizabeth Robinson Organizations: Cochise College Douglas Campus, Democratic, New, CBS, Minnesota Gov, Gov, Biden, East, NBC News, IDF, North Carolina State University, NBC, Netflix, Arts, Universal, Getty, River Arts Locations: North Carolina, Douglas , Arizona, New Hampshire, Butler , Pennsylvania, Pittsburgh, Beirut, Israel, Lebanon, Syria, Iran, Carolina, Hurricane, Beverly Hills , California, California, Colorado, “, Asheville, N.C

☆ Israel has the ability to cripple, but not eliminate Iran's nuclear capabilities: Meghan O’Sullivan
▼ + stars: | 2024-10-04 | 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 EmailIsrael has the ability to cripple, but not eliminate Iran's nuclear capabilities: Meghan O’SullivanMeghan O’Sullivan, Harvard University’s Belfer Center for Science and International Affairs director and former Deputy National Security Advisor, joins 'Squawk Box' to discuss the fallout from Iran's ballistic missile attack on Israel, what to expect from Israel in retaliation, potential impact on the oil market, and more.

Persons: Meghan O’Sullivan Meghan O’Sullivan Organizations: Israel, Harvard, Belfer, for Science, International Affairs, National Security Locations: Israel

☆ More younger people are getting colonoscopies, a new study suggests
▼ + stars: | 2024-10-03 | by ( Kaitlin Sullivan | Kaitlin Sullivan Is A Contributor For Nbcnews.Com Who Has Worked With Nbc News Investigations. She Reports On Health | Science | ) www.nbcnews.com time to read: +4 min

Colorectal cancer cases have been rising in people younger than 50 over the last two decades. The U.S. Preventive Services Task Force isn’t the first group to suggest lowering the screening age. The new study found that colorectal cancer screening among 45 to 49-year-olds remains low overall, but increased threefold following the 2021 guideline change. “One of the biggest predictors of whether you get age-appropriate cancer screening is whether or not you have insurance,” Lieu said. Colonoscopy is the gold standard for colorectal cancer screening, since it can detect not only cancerous tumors, but precancerous polyps that can be removed before they can turn into cancer.

Persons: ”, Sunny Siddique, Siddique, ” Siddique, you’re, Christopher Lieu, Lieu, ” Lieu, “ We’re, Marwan Fakih, Colonoscopy, ” Fakih Organizations: JAMA, U.S . Preventive Services Task Force, U.S . Preventive Services, Force, American Cancer Society, Preventive, Yale School of Public Health, University of Colorado School of Medicine Locations: U.S, of Hope, Los Angeles

Republican former Rep. Liz Cheney will campaign with Vice President Kamala Harris in Wisconsin on Thursday, touting her endorsement of the Democratic presidential nominee in the crucial battleground state, a senior campaign official told CNN. The campaign event marks the latest effort from the former Wyoming congresswoman to move undecided voters away from former President Donald Trump with less than five weeks until Election Day. Cheney, who previously told CNN she was committed to doing what was necessary to stop Trump from returning to the White House, endorsed Harris last month in North Carolina, another swing state. She later said she expected to campaign against Trump in battleground states throughout the fall. At the Thursday campaign event in Ripon – home to a schoolhouse known as the birthplace of the Republican Party – Harris will make a direct appeal to Republican and independent voters, according to the campaign official.

Persons: Liz Cheney, Kamala Harris, Donald Trump, Cheney, Harris, ” Cheney, Ripon –, Republican Party – Harris, Ripon Organizations: Republican, Democratic, CNN, Trump, White, Republican Party Locations: Wisconsin, Wyoming, North Carolina, Ripon

☆ Melania Trump confirms support for abortion rights, stating there is ‘no room for compromise’ on women’s ‘individual freedom’
▼ + stars: | 2024-10-03 | by ( Kate Sullivan | ) edition.cnn.com time to read: +1 min

Without a doubt, there is no room for compromise when it comes to this essential right that all women possess from birth, individual freedom. What does my body, my choice really mean?” the former first lady said in a video posted on X. Her defense of abortion rights puts her at odds with her husband’s position roughly a month from Election Day. Former President Donald Trump regularly takes credit for overturning Roe v. Wade, which eliminated the constitutional right to an abortion and caused some states to enact strict abortion restrictions. Trump said he would veto a federal abortion ban and that the issue should be left up to the states to legislate.

Persons: Melania Trump, ”, Donald Trump, Roe, Wade, Trump Organizations: CNN, Guardian

☆ Adam Neumann's new startup is reworking WeWork's old business model
▼ + stars: | 2024-10-03 | by ( Grace Eliza Goodwin | Geoff Weiss | ) www.businessinsider.com time to read: +6 min

Workflow has a different business strategy than Neumann's previous company, Bloomberg reports. Neumann told the outlet that investors at Andreessen Horowitz will help keep him disciplined. Ben Bergman/BI"The lack of community and the disconnection that people feel is even more relevant today" than in the days of WeWork, Neumann told Bloomberg of Workflow. Neumann says he's learned his lessonCritics didn't just zero in on WeWork's business model but also on Neumann's management. We're really not sure that we know the answer, therefore we're taking our time," Neumann told Bloomberg.

Persons: Adam Neumann, Neumann, Andreessen Horowitz, —, WeWork, he's, WeWork's, Insider's Ben Bergman, Ben Bergman, Justin Sullivan, Ben Horowitz, Marc Andreessen, Andreessen, Noam Galai, TechCrunch Neumann, We're Organizations: Bloomberg, Service, Fort, Business, Flow, TechCrunch Locations: Fort Lauderdale, Miami, Atlanta, Nashville, Riyadh, Saudi Arabia, WeWork's

☆ Paris Fashion Week: Highlights from the Spring-Summer 2025 shows
▼ + stars: | 2024-10-03 | by ( Alice Pfeiffer | ) edition.cnn.com time to read: +14 min

Editor’s Note: CNN Style is one of the official media partners of Paris Fashion Week. Fashion house Coperni took over Disneyland Paris on Tuesday evening and staged their show in front of the iconic Sleeping Beauty castle. Brand history was similarly front and center at Alexander McQueen, where Seán McGirr showed his second collection for the label. River Callaway/WWD/Getty ImagesBirds were a recurring motif in the Stella McCartney collection shown during Paris Fashion Week and chosen by the designer to protest their use in the fashion industry. Jerome Domine/Abaca Press/Sipa USA"I’ve been thinking of the billions of birds that get killed for the fashion industry," said McCartney.

Persons: Coperni, Lyvans Boolaky, Chemena Kamali, Pascal Le Segretain, Valentino, Alessandro Michele, Gucci, Michele, Alexander McQueen, Seán McGirr, ”, Johanna Geron, Ann Demeulemeester, Stefano Gallici, ” Gallici, Francois Durand, Alphonse Maitrepierre’s, Donald Duck, Miyake, Julien De Rosa, Kristy Sparow, Issey Miyake, Wool, knitwear, Mickey, Sébastien Meyer, Arnaud Vaillant, “, Chanel, Van Noten, Sarah Meyssonnier, Stella McCartney, I’ve, McCartney, Jerome Domine, Jerome, Andreas Kronthaler, Vivienne Westwood’s, Paul Watson, Dame Vivienne, Vivienne Westwood, Louis Sullivan, Junya Watanabe, Dior, —, Sagg Napoli, Sofia Ginevra Giannì, Jonathan Anderson's, Loewe, Ik, Louis Vuitton, Miu Miu, Miuccia Prada, Goshka Macuga, Saint Laurent, Yves Saint Laurent, Demna Gvasalia, Giovanni Giannoni, Dykes, Williams, Harri Shanahan, Thatcher, Antonin Tron, Gigi Hadid, McGirr, Donald, Justin Shin, Mary Jane, Victor Virgile Organizations: CNN, Paris, Paris CNN, Paris Fashion, Disneyland Paris, Getty, Pompidou, Disney, Balmain, Reuters, Callaway, Fashion, Abaca, Louis, Art, femmes, Lingerie Locations: France, Europe, Chloé, AFP, Paris, Bermuda, Greenland, Stockholm, London, Balenciaga, Siân

☆ Modelo brewer Constellation falls despite an earnings beat. Here's why we're not concerned
▼ + stars: | 2024-10-03 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +10 min

Modelo and Corona brewer Constellation Brands is a tale of two businesses. Constellation Brands Why we own it : Constellation Brands' beer franchise, which includes popular Mexican brands Modelo, Corona and Pacifico, is the growth engine and by far the most attractive part of the business. And, the profitability of its beer business — operating margins were an impressive 42.6% in the quarter — puts Constellation in a position of strength. Still, raising an anchor is always welcome news, and talk of its booming beer business would, at last, no longer need the wine-and-spirits caveat. Looking ahead, its beer business should continue grabbing market share and its hard to imagine the wine-and-spirits unit getting much worse.

Persons: Bill Newlands, Thursday's, Newlands, Kim Crawford, There's, Jim Cramer's, Jim Cramer, Jim, Justin Sullivan Organizations: Corona, Constellation Brands, LSEG, Modelo, Anheuser, Busch Inbev, Molson Coors, Investors, Constellation, National Football League, Bloomberg, Brier, Modelo Especial, CNBC Locations: Corona, Pacifico, Wednesday's, U.S, Campo, West Coast, San Rafael , California

☆ Beijing's stimulus measures do not appear to directly address country's problems: JPMorgan
▼ + stars: | 2024-10-02 | 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 EmailBeijing's stimulus measures do not appear to directly address country's problems: JPMorganJames Sullivan of JPMorgan explains why he is "cautious" about the big market rally in China.

Persons: JPMorgan James Sullivan, JPMorgan Organizations: JPMorgan Locations: China

☆ A top US security official says America will make sure Iran faces 'severe consequences' for escalating its conflict with Israel
▼ + stars: | 2024-10-02 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +4 min

The US said that Iran will face "severe consequences" for its missile attack on Israel. Israel said that Iran fired 180 ballistic missiles at it on Tuesday, most of which were intercepted. AdvertisementThe US has promised "severe consequences" for Iran after it launched a massive ballistic missile strike on Israel on Tuesday. "We have made clear that there will be consequences, severe consequences for this attack, and we will work with Israel to make that the case," Sullivan added. "A direct military attack from Iran against Israel will carry severe consequences for Iran."

Persons: Israel, —, Jake Sullivan, Sullivan, Benjamin Netanyahu, Lloyd Austin, Ismail Haniyeh, Hassan Nasrallah, Krishnamoorti Organizations: Service, Israel Defense Forces, State, Israel's, White House, Israel, US Navy, Iranian, West Bank, New York Times, Tasnim News Agency, Iranian Armed Forces, University of Houston, ABC News Locations: Iran, Israel, Tehran, Beirut

☆ Oil slightly higher on Middle East tensions
▼ + stars: | 2024-10-02 | 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 EmailOil slightly higher on Middle East tensionsCNBC's Brian Sullivan joins 'Squawk on the Street' to discuss the impact of Middle East conflict on oil prices.

Persons: Brian Sullivan

☆ Regional war is effectively here. What Israel does next will be pivotal
▼ + stars: | 2024-10-02 | by ( Mick Krever | ) edition.cnn.com time to read: +6 min

CNN —In the days after Hamas’ October 7 attack on Israel, fears ran high of a regional war. The conflict would not be contained in Gaza, the thinking went – Hezbollah would attack Israel from the north, the Houthis from Yemen, and Iranian proxies from Iraq. Israel would be forced to respond, it would come into direct conflict with Iran, and the wider war would be upon us. A day after Iran launched its largest ever ballistic missile attack on Israel – and as Israeli troops battle Hezbollah fighters on the ground in Lebanon – regional war is effectively here. Now is the time that we can attack, because Iran is fully vulnerable.”Smoke rises following Israel's bombardment in southern Lebanon on Wednesday.

Persons: Israel, Israel –, West Bank –, ”, Fatemeh Mohajerani, Ismail Haniyeh, Maya Alleruzzo, Benjamin Netanyahu, Nasrallah, ” Netanyahu, Hassan Nasrallah, Naftali Bennett, you’ve, ” Bennett, Baz Ratner, “, United States –, Jake Sullivan Organizations: CNN, West Bank, Israeli, Israel, Hamas, “, National Locations: Israel, Gaza, Yemen, Iraq, Iran, Lebanon, Damascus, Iranian, Palestinian, Tehran, Rosh Haayin, Beirut, “, Hezbollah, Syria, Hodeidah, United States

☆ As Netanyahu vows Iran payback, markets watch for dangers of further escalation
▼ + stars: | 2024-10-02 | by ( Natasha Turak | ) www.cnbc.com time to read: +5 min

Markets are now braced for what could follow a likely Israeli retaliation against Iran. watch nowOil prices gained over 5% in the previous session following the missile strike, before tapering to a 2.5% climb. Oil infrastructure 'tempting targets for Israel'Lewis Sage-Passant, an adjunct professor of intelligence at Sciences Po in Paris, described energy markets as jittery, as investors watch for Israel's next moves. Even without direct targeting, much of the world's oil infrastructure sits under these missile's flight paths, so naturally everyone is very nervous." Questions remain whether a strong Israeli response would restore deterrence or trigger further escalation from Iran and tip the nations into a full-blown war.

Persons: Amir Cohen, Hassan Nasrallah, Lewis Sage, Jake Sullivan, Roger Zakheim, what's, Zakheim, Abbas Araghchi, Sara Vakhshouri Organizations: Reuters Israel's, Brent, West Texas, Isles, RBC Wealth Management, Sciences Po, Israel, Energy, U.S . National, Ronald Reagan Institute, Investments, Saab, BAE Systems, Thales, Rheinmetall, Iran's, SVB Energy Locations: Ashkelon, Israel, Tel Aviv, Iran, Tehran, London, Asia, Paris, U.S, Washington

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