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☆ JD Sports to buy U.S. rival Hibbett in $1.08 billion sportswear retail deal
▼ + stars: | 2024-04-23 | by ( ) www.cnbc.com time to read: +2 min

(Photo by May James/SOPA Images/LightRocket via Getty Images)JD Sports Fashion has proposed to buy American athletic fashion retailer Hibbett Inc for about $1.08 billion, the companies said on Tuesday, as Britain's biggest sportswear retailer looks to expand across the southeastern U.S. The deal comes as shares in athletic clothing retailers come under pressure globally after weak outlooks from sports apparel makers such as Nike and Puma. It will pay $87.50 per Hibbett share in cash, representing a premium of about 20% to the U.S. firm's last closing price. JD Sports shares, which have fallen more than 20% so far this year, were up 6% by 0900 GMT. The deal is expected to add to the British firm's earnings in the first full year of ownership, with cost savings expected to be at least $25 million, JD said.

Persons: May James, Foot Locker, Dominic Platt, JD Organizations: UNITED, Getty, Hibbett Inc, Nike, Puma, Adidas, JD Sports, Paris Olympics Locations: UNITED KINGDOM, England, premarket U.S, U.S, North America, Bury, Greater Manchester

☆ Dominic West opens up about ‘absurd’ furor over Lily James pictures
▼ + stars: | 2024-04-22 | by ( Catherine Nicholls | ) edition.cnn.com time to read: +2 min

London CNN —British actor Dominic West has opened up about the furor surrounding images taken in 2020 of him with his former co-star Lily James, calling the situation “absurd” and “deeply stressful” for his family. After the photos were published, West and FitzGerald posed for the press outside their home, holding a piece of paper with the handwritten message: “Our marriage is strong and we’re very much still together. “And so when we go out, we do sort of say, ‘Shall we go and have a show of unity up in London?’”“It was an absurd situation. It was deeply stressful for my wife and my kids, but there were lighter moments,” West told the British newspaper. It’s a story as old as time.”West is set to star in Arthur Miller’s “A View from the Bridge” at London’s Theatre Royal Haymarket this summer.

Persons: Dominic West, Lily James, Catherine FitzGerald, ”, James, FitzGerald, we’d, ” West, West, Prince Charles, Netflix’s, ” “ I’d, “ I’d, Arthur Miller’s “ Organizations: London CNN, Sunday Times, West, British, ”, London’s Theatre Royal Haymarket Locations: British, Rome, Italy, London, Netflix’s “

☆ Dominic West says he and his wife 'joke about' Lily James drama now
▼ + stars: | 2024-04-22 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +1 min

Dominic West incited a media frenzy in 2020 after he was photographed kissing his costar Lily James. West says he and his wife now "joke about" the press coverage the incident generated. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementLooking back at one of the most difficult times in his family's life, Dominic West can't help but laugh. In an interview with The Sunday Times, West addressed how he and his wife, landscape designer Catherine FitzGerald, dealt with the ensuing media storm after he was photographed kissing his costar Lily James in 2020.

Persons: Dominic West, Lily James, West, —, Catherine FitzGerald Organizations: Service, Sunday Times, Business

☆ The Meteoric Rise and Spectacular Fall of the Queen of Airbnb
▼ + stars: | 2024-04-21 | by ( Dan Latu | ) www.businessinsider.com time to read: +18 min

Now, after she made her pitch at the VFW hall, attendees clamored around Widell, eager to have her manage their Airbnb rentals. The reign of the Airbnb Queen of Tulsa was over — and her subjects were left to pick up the pieces. Dominic Bugatto for BIThe "Queen of Airbnb" label, which started off as Widell's Airbnb account name, helped create an aura of omnipotence. According to those familiar with the business, Widell seemed to be shifting her focus away from Airbnb rentals to the house-staging business. Today, her "Tulsa Airbnb Group" on Facebook remains active, with some 1,000 members.

Persons: Airbnb, Dani Widell, Widell, Kathy Portley, weren't, —, Emily Burke, Will Widell, They'd, thrifty, Will, who'd, Logan Haskett, Dominic Bugatto, Burke, hadn't, Knikki Nash, she'd, Mallory Massey, Massey, David Brunson, Brunson, Renee Brummett, We've, Dani hasn't, Brummett, doorstepped, unraveled, Nash, Dani, Widell's, carting, Will cosigned, Brummet, Tulsa's, Meagan McCollum, Bram Gallagher, Gallagher, Dan Latu Organizations: VFW, Tulsa, Facebook, Tulsa Real Estate Investors Association, Oklahoma State University, Tulsa People, Mahogany Prime, Summit, Downtown, Social, Bank of America Center, PGA, Investors, Widell, Employees, Rover, BI, nonpayment, University of Tulsa, Business Locations: Tulsa, Tulsa ., Widell, Airbnb, Brady, Arkansas, —

☆ Critical mineral mining is key to the green transition, but experts warn reputational risks remain
▼ + stars: | 2024-04-19 | by ( Dylan Butts | ) www.cnbc.com time to read: +5 min

Sopa Images | Lightrocket | Getty ImagesMining of critical minerals plays a crucial role in the global green transition, but the broader industry's bad reputation and other challenges present investment barriers, industry experts warn. Critical minerals include metals such as copper, lithium, nickel, cobalt and rare earth elements, and are important components in emerging green technologies such as wind turbines and electric vehicles. Speaking on a panel at Singapore's annual Ecosperity Week, which ended Wednesday, mining industry experts and investors said the growing demand from green tech makes it necessary to increase government support and capital flows into the critical mining sector. Many of the same companies that mine critical minerals also mine environmentally damaging fossil fuels like coal. One area that has seen recent strides and investments has been in the recycling of critical minerals, which cuts down the need of extraction.

Persons: Adam Matthews, Dominic Barton, Barton, Scott Clements Organizations: PT Vale, Getty Images, Global Investor Commission, Mining, Royal Bank of Canada, Rio Tinto, LeapFrog Investments, International Renewable Energy Agency, EV, World Bank, Tribeca Capital Locations: PT Vale Indonesia, China, Paris, Rio, Indonesia's Sulawesi, Rio Tinto, Western Australia

☆ The Week Ahead: April 12, 2024
▼ + stars: | 2024-04-12 | 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 EmailThe Week Ahead: April 12, 2024CNBC's Dominic Chu looks ahead to what are likely to be next week's top business and financial stories.

Persons: Dominic Chu

☆ The Week That Was: April 12, 2024
▼ + stars: | 2024-04-12 | 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 EmailThe Week That Was: April 12, 2024CNBC's Dominic Chu looks back at the last week's top business and financial stories.

Persons: Dominic Chu

☆ The rich are getting second passports, citing risk of instability
▼ + stars: | 2024-04-10 | by ( Robert Frank | ) www.cnbc.com time to read: +4 min

Wealthy U.S. families are increasingly applying for second citizenships and national residences as a way to hedge their financial risk, according to a leading law firm. The wealthy are building these "passport portfolios" — collections of second, and even third or fourth, citizenships — in case they need to flee their home country. "The U.S. is still a great country, it's still an amazing passport," said Dominic Volek, group head of private clients at Henley & Partners. Instead, many wealthy Americans are shopping around for an added visa or citizenship program to supplement their U.S. passport. According to Henley, the top destinations for supplemental passports among Americans are Portugal, Malta, Greece and Italy.

Persons: Robert Frank, citizenships, Dominic Volek, Peter Thiel, Eric Schmidt, Volek, Henley, It's Organizations: Henley & Partners, ., Henley, Malta, Visa Locations: Wealthy, New Zealand, Cyprus, Portugal, Malta, Greece, Italy, Europe, European, Germany, France, U.S

☆ 'Star Wars' actor Billy Dee Williams says blackface should be allowed, and that he 'loved' one of its most notorious uses
▼ + stars: | 2024-04-09 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +4 min

Billy Dee Williams said that actors should be allowed to use blackface. The "Star Wars" actor said he loved Laurence Olivier as Othello, a blackface performance many regard with horror. Advertisement"Star Wars" actor Billy Dee Williams said that actors should be allowed to use blackface, reopening a topic widely considered taboo. Williams, who is Black, broached the topic in an interview with Bill Maher, speaking in support of being able to use blackface. He was also the first Black actor to play a leading role in the "Star Wars" movies.

Persons: Billy Dee Williams, Laurence Olivier, Williams, —, Bill Maher, Shakespeare's, Lando Calrissian, Olivier, Dominic Cavendish, Maher, should've, I'm Organizations: Service, Daily Telegraph

☆ The Look Ahead: April 5, 2024
▼ + stars: | 2024-04-06 | 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 EmailNews Update - The Look AheadCNBC's Dominic Chu looks ahead to what are likely to be next week's top business and financial stories.

Persons: Dominic Chu

☆ I pay for Costco's $120 executive membership even though I only shop for 2. Here are some of my favorite things to get for dinner.
▼ + stars: | 2024-04-06 | by ( Dominic Bucca | ) www.businessinsider.com time to read: +1 min

Maldon sea-salt flakes and Kirkland Signature grass-fed butter are essentials in my house. I pay $120 annually for an executive membership, which comes with a 2% reward of up to $1,000 on qualified Costco purchases. In my opinion, the Costco executive membership, which is double the price of its cheaper $60 gold-star option, offers the most value for customers. As long as I spend at least $3,000 annually, I make back the extra cost of the executive membership in rewards. Here's what I buy using my executive membership.

Persons: — Organizations: Costco, Service Locations: Maldon

☆ The Week That Was: April 5, 2024
▼ + stars: | 2024-04-05 | 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 EmailThe Week That Was: April 5, 2024CNBC's Dominic Chu looks back on the past week's top business and financial stories.

Persons: Dominic Chu

☆ The Week Ahead: April 5, 2024
▼ + stars: | 2024-04-05 | 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 EmailThe Week Ahead: April 5, 2024CNBC's Dominic Chu looks ahead to what are likely to be next week's top business and financial stories.

Persons: Dominic Chu

☆ Here's the cast of 'American Horror Story: Delicate' and who they play
▼ + stars: | 2024-04-03 | by ( Caralynn Matassa | Eammon Jacobs | ) www.businessinsider.com time to read: +1 min

Dominic Burgess plays Hamish MossHamish is the director of Anna's movie "The Auteur." One of his best-known roles was in Murphy's 2017 series "Feud: Bette and Joan," where he played closeted gay actor Victor Buono. He also played the serial killer John Wayne Gacy in Murphy's 2022 Netflix series "Dahmer — Monster: The Jeffrey Dahmer Story," and had a small role in "American Horror Story" season eight. In "Delicate," he plays Hamish Moss, the director of Anna's award-winning movie "The Auteur." As Hamish recounts, Siobhan gave him the script with no explanation and told him he had to make the movie specifically with Anna.

Persons: Dominic Burgess, Hamish Moss Hamish, Steve Granitz, who's, Who, Bette, Joan, Victor Buono, John Wayne Gacy, Dahmer, Jeffrey Dahmer, Hamish Moss, Anna's, Siobhan, Hamish, Anna

☆ Pouria Zeraati: ‘Brutal stabbing’ of exiled Iranian journalist prompts counterterrorism investigation
▼ + stars: | 2024-03-30 | by ( Joshua Berlinger | ) edition.cnn.com time to read: +3 min

CNN —A prominent exiled Iranian journalist was stabbed outside his home in London on Friday, prompting British police to launch a counterterrorism investigation. Pouria Zeraati, a television anchor at the UK-based channel Iran International, was reportedly attacked by a group of men outside his home in south-western Wimbledon. Iran has designated the television station a “terrorist entity.” Iranian state media has repeatedly accused the channel of fomenting unrest. Zeraati’s stabbing comes after an investigation by Britain’s ITV last year revealed that Iranian spies had attempted to pay a people smuggler $200,000 to assassinate two Iran International journalists. Kearns noted on Twitter that Iran International had only recently returned to the air from London after having to shut down in the UK.

Persons: Pouria, Dominic Murphy, Britain’s, Alicia Kearns, Michelle Stanistreet, ” Stanistreet, Kearns, ”, CNN’s Mostafa Salem, Atay Alam Organizations: CNN, British, Iran, London Metropolitan Police, Britain’s ITV, Iran International, Islamic Revolutionary Guard Corps, Foreign Affairs Committee, British National Union of Journalists, BBC Persian Service, UN, Twitter Locations: Iranian, London, Wimbledon, Tehran, Iran

☆ The Week Ahead: March 28, 2024
▼ + stars: | 2024-03-28 | 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 EmailThe Week Ahead: March 28, 2024CNBC's Dominic Chu looks ahead to what are likely to be next week's top business and financial stories.

Persons: Dominic Chu

☆ Pro Talks: Katie Stockton on the one stock with a more explosive chart than Nvidia
▼ + stars: | 2024-03-28 | by ( Jeff Morganteen | John Melloy | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPro Talks: Katie Stockton on the one stock with a more explosive chart than NvidiaCNBC Pro Talks features one-on-one interviews with Wall Street's top investors, smartest traders and rising stars. CNBC's Dominic Chu finds out what makes them tick, what makes them money, and how you can follow in their footsteps. CNBC Pro Talks is a monthly interview series that's part of CNBC's premium subscription service, CNBC Pro. To hear the full Pro Talk interview—including specific stock picks and investment strategies—listeners can subscribe to cnbc.com/protalks.

Persons: Katie Stockton, Wall, CNBC's Dominic Chu Organizations: Nvidia CNBC, CNBC, CNBC Pro

☆ The Week That Was: March 28, 2024
▼ + stars: | 2024-03-28 | 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 EmailThe Week That Was: March 28, 2024CNBC's Dominic Chu looks back at the week's top business and financial stories.

Persons: Dominic Chu

☆ CNBC Pro Talks, March 2024: Katie Stockton on charting success in technical analysis
▼ + stars: | 2024-03-28 | 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 EmailCNBC Pro Talks, March 2024: Katie Stockton on charting success in technical analysisCNBC Pro Talks features one-on-one interviews with Wall Street's top investors, smartest traders and rising stars. CNBC's Dominic Chu finds out what makes them tick, what makes them money, and how you can follow in their footsteps. CNBC Pro Talks is a monthly interview series that's part of CNBC's premium subscription service, CNBC Pro. To hear the full Pro Talk interview—including specific stock picks and investment strategies—listeners can subscribe to cnbc.com/protalks.

Persons: Katie Stockton, Wall, CNBC's Dominic Chu Organizations: CNBC, CNBC Pro

☆ The Dali, the ship that brought down the Baltimore bridge, ran into a problem with its propulsion system months before the crash
▼ + stars: | 2024-03-27 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

The ship that struck a key bridge on Tuesday was reported to have an issue with its propulsion in June. The Dali lost propulsion on Tuesday, but it's unclear if this was related to the June issue. AdvertisementThe 984-foot container vessel that lost power and crashed into the Francis Scott Key Bridge on Tuesday had issues with its propulsion system just months before, records show. AdvertisementClay Diamond, the executive director of the American Pilots' Association, told The Washington Post that the Dali lost power at around 1:20 a.m., around eight minutes before the crash. AdvertisementThe Francis Scott Key Bridge was Baltimore's biggest bridge, and the loss of such critical infrastructure will likely cause supply chain issues across multiple industries.

Persons: Dali, —, Francis Scott Key, Wes Moore, it's, Clay Diamond, Diamond, We've, BI's Dominic Reuter, BI's Erin Snodgrass Organizations: Service, Port Authority, Synergy Marine, American Pilots ' Association, Washington Post, USA, REUTERS Authorities, Business, Maryland Transport Authority, Port, Maersk Locations: Singapore, Patapsco, Baltimore, Maryland, Asia Pacific, San Antonio, Chile, Harford County, Antwerp, Port, Port of Baltimore, Danish, Copenhagen

☆ Dispatch audio reveals the intense moment on-site officers realized a 984-ft ship was about to crash into Baltimore's biggest bridge
▼ + stars: | 2024-03-27 | by ( Matthew Loh | ) www.businessinsider.com time to read: +5 min

The bridge in Baltimore fell into the Patapsco River on Tuesday after a 984-foot ship crashed into it. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Hold all traffic on the key bridge," the officer said. "10-4, all traffic on the key bridge is down, we got workers in the water," he said. The collapse of the Francis Scott Key Bridge is likely to cause major disruptions to the supply chains of multiple industries, with about 11.3 million vehicles using the bridge annually.

Persons: —, Francis Scott Key, Dali, Wes Moore, " Moore, BI's Dominic Reuter Organizations: Authorities, Service, Maryland Transportation Authority Police, Business, YouTube, Washington Post, Maritime, Port Authority, US Coast Guard, Maryland Gov, MTA Police, Reuters Locations: Baltimore, Patapsco, Singapore, that's, —, Port

☆ Tennessee Republican sued over post falsely identifying Kansas man as Chiefs parade shooter and 'illegal Alien'
▼ + stars: | 2024-03-26 | by ( Zoë Richards | ) www.cnbc.com time to read: +3 min

A Kansas man is suing Rep. Tim Burchett, R-Tenn., over social media posts that falsely identified him as an undocumented immigrant and one of the shooters in the Kansas City Chiefs Super Bowl parade that turned deadly last month. "At no time was Plaintiff an 'alien,' an 'illegal alien,' nor a 'shooter' and the assertions to the contrary were false and were circulated widely among Defendant's followers," the lawsuit states. Burchett in February posted an image of Loudermill on X, identifying him as "one of the Kansas City Chiefs victory parade shooters" and "an illegal Alien." Federal courts require cases seeking damages between people in different states, such as this one, to exceed $75,000. Although he was released and not cited or charged with a crime, the lawsuit states, his image began circulating on social media, eventually landing on Burchett's page.

Persons: Tim Burchett, Denton Loudermill Jr, Loudermill, Burchett, Dominic M, Miller, Lyndell Mays, Raytown, Terry J, Young, Donald Trump, — Diana Paulsen Organizations: Kansas City Chiefs Super, Tennessee, Kansas City Chiefs, Chiefs, Kansas City, Congressional, Knox County Locations: Kansas, Kansas City , Kansas, Olathe , Kansas, Kansas City, United States, Knoxville

☆ Here's how the UK's aerospace businesses are taking off with the help of government funding
▼ + stars: | 2024-03-25 | by ( Sponsor Post | ) www.businessinsider.com time to read: +6 min

As part of this initiative, the Aerospace Technology Institute program will provide support for R&D projects through 2030. This commitment extends the Aerospace Technology Institute (ATI) program until 2030, which supports mid-stage research and development projects led by industry. Another recipient of the ATI program funding is Vertical Aerospace, the UK's pioneer of electric aviation. Smaller businesses reap the benefits of funding programsA key focus of the program is funding projects by SMEs. The UK's long-term vision for civil aerospace is developed through the Aerospace Growth Partnership (AGP), which is a strategic partnership between the UK government, industry, and academia to secure the future of UK Aerospace.

Persons: Paul Griffiths, Dominic Weeks, ZeroAvia, Stuart Simpson, Simpson, Sylatech, Gordon Gunn, MeltX, Griffiths Organizations: Aerospace Technology Institute, ATI, Aerospace, UK Department for Business, Trade, Dornier, ZeroAvia Investment, Cranfield University, Alloyed, University of Sheffield, Aerospace Growth, UK Aerospace, Farnborough, Manufacturing, Insider Studios, UK's Department for Business Locations: North Yorkshire

☆ Kate’s cancer revelation throws royal family into fresh turmoil
▼ + stars: | 2024-03-23 | by ( Lauren Said-Moorhouse | Max Foster | ) edition.cnn.com time to read: +15 min

Yet again, the royal family could face some difficult questions about what they chose to reveal to the public, and when. Kin Cheung/Pool/AFP/Getty Images Kate Middleton, seen here at age 3, was born on January 9, 1982, in Reading, England. Richard Heathcote/Getty Images Kate and Prince William pose for photographers during an event to mark their engagement in 2010. Hannah McKay/Reuters From left, Prince William, Kate, Prince Harry and Meghan, the Duchess of Sussex, wave to a crowd outside Windsor Castle ahead of the Queen's funeral in 2022. Yui Mok/WPA Pool/Getty Images Kate attends the National Service of Remembrance at The Cenotaph in London in November 2023.

Persons: Catherine , Princess, Wales, ”, Kate, “ KATE, Prince William, Kate –, Queen Camilla, King Charles III’s, Catherine , Princess of, Kelly Holmes, Kelly Holmes Trust —, Kin Cheung, Kate Middleton, Middleton, Pippa, Michael, Clarence House, Stephen Lock, Shutterstock Prince William, Richard Heathcote, William, Princess Diana, Ben Stansall, Prince Harry, Pippa Middleton, Kirsty Wigglesworth, John Stillwell, Charles Dharapak, Queen Elizabeth II, Stefan Wermuth, Elizabeth II, Arthur Edwards, Harry Potter, Chris Jackson, Prince George, Princess Charlotte, Prince Philip, Prince Charles, Camilla, Dominic Lipinski, Prince Louis, Charlotte, Aaron Chown, Oli Scarff, Queen, Hannah McKay, Meghan, Duchess of, Emilio Morenatti, Paul Grover, King Charles III, Yui Mok, Reuters Kate, Turlough Mor, Seamus, Karwai Tang, Choo Kyung, Max Mumby, Henry Nicholls, David Cliff, Diana, of, Rishi Sunak, “, Princess, Princess of Wales, CNN Kate, Easter, Prince William –, Gupta, George, Louis, Prince, Kate’s Organizations: London CNN, Times, Sun, Kelly Holmes Trust, Getty, University of St, English rugby, Nations, Italy, Westminster Abbey, Buckingham Palace, Queen, Mary's, Trench, Culture Yard, Royal Air Force, Reuters, Hall, Horse Guards, Irish Guards, National Service of, Images Police, London Clinic, Getty Images, Press Association, Britain, Mary’s, British, CNN, CNN’s Royal Locations: British, Catherine , Princess of Wales, Bath, England, Reading, Jerash, Jordan, Blenheim, Oxfordshire, Andrews, Scotland, AFP, Westminster, London, Buckingham, South Pacific, Tuvalu, St, St . Austell, Kingston , Jamaica, Caribbean, Duchess of Sussex, Windsor, South Korea, Kensington, Wales, Lindo, London’s St, of Wales, Princess

☆ The U.S. is the top country for millionaires and billionaires
▼ + stars: | 2024-03-22 | by ( Robert Frank | ) www.cnbc.com time to read: +3 min

The U.S. has rapidly overwhelmed China as the world's top spot for millionaires and billionaires, according a new report. Over the past five years, the population of millionaires in the U.S. has grown 35%, nearly twice as fast as China's. The U.S. is now home to 37% of the world's millionaires, up from 35% in 2018. A net 13,500 Chinese millionaires left China in 2023, marking a new record. Luxury sales in the U.S. last year totaled $80 billion, to China’s $52 billion, Bain found.

Persons: Robert Frank, Dominic Volek, Henley, Bain, Volek Organizations: Henley & Partners, Henley, U.S, UBS, Art Basel, Bain, Luxury Locations: U.S, China, Asia, Europe

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