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County election boards in Georgia are not allowed to refuse to certify election results, a state judge ruled on Tuesday. “If election superintendents were, as Plaintiff urges, free to play investigator, prosecutor, jury, and judge and so -- because of a unilateral determination of error or fraud -- refuse to certify election results, Georgia voters would be silenced. McBurney said the law was clear when it says that county officials "shall" certify the results. She is one of a growing number of Georgia officials who have refused to certify election results since 2020, worrying election experts that county officials might try and block the routine certification of election results in the name of baseless conspiracy theories. Adding to these concerns, the Republican-controlled Georgia State Election Board voted earlier this year to allow local boards to conduct “reasonable inquiry” into election results.
Persons: Robert McBurney, Donald Trump, McBurney, Lord, construe, Julie Adams, Adams, Cleta, Gabriel Sterling Organizations: Republican, Fulton County, Registration, Trump, Network, Georgia Locations: Georgia, Fulton County, Fulton
While Su has previously spoken with Boeing and the striking West Coast factory workers’ union, it is her first time in Seattle meeting both sides in person. Roughly 33,000 workers have been on strike since Sept. 13, seeking a 40% wage increase over four years. Boeing will next month send out 60-day notices to thousands of workers including many in its commercial aviation division, meaning those staff will leave the company in mid-January, one source familiar with the matter said. A Boeing spokesperson said the company had shared information with managers including plans for 10% reductions at its commercial unit involving both union and non-union workers. “Boeing just turned its back on 17,000 of its own workers — the same people who carried Boeing through crisis after crisis, year after year,” he said in a statement.
Persons: Julie Su’s, Su, Jon Holden, , Brian Bryant, Nick Cunningham, Tim Clark, , ” Clark Organizations: Boeing, Labor, Department of Labor, International Association of Machinists, Aerospace Workers, ” Boeing, White, Society of Professional Engineering Employees, Aerospace, Rivals, Partners, Alaska Airlines, Emirates, Air Locations: U.S, Seattle, West Coast
Stock Chart Icon Stock chart icon Cassava Sciences' year-to-date stock performance. Cassava Sciences : "They do have an Alzheimer's trial, but Lilly has an Alzheimer's formulation that is very good. And Lilly does have the edge on everybody else." Stock Chart Icon Stock chart icon Mobileye Global's year-to-date stock performance. Mobileye Global : "...I think it's just too hard to tell, I'm going to stay away from it."
Persons: Lilly, Mobileye Organizations: Mobileye
Boeing said it has entered a $10 billion credit agreement with four banks, it said in a filing Tuesday. In a separate filing, the planemaker said may also sell up to $25 billion in securities. AdvertisementBoeing plans to raise up to $35 billion to help steady its finances as a machinists' strike enters its fifth week. In a Tuesday regulatory filing, the planemaker said it had entered a $10 billion credit agreement with Bank of America, Citibank, Goldman Sachs, and JPMorgan Chase. Boeing also filed a prospectus stating that it may sell up to $25 billion in securities, including bonds, new shares, and stock options.
Persons: planemaker, , Goldman Sachs, Ron Epstein, Julie Su, Sir Tim Clark, Max midflight, Dave Calhoun, Kelly Ortberg, Starliner Organizations: Boeing, Service, Bank of America, Citibank, JPMorgan Chase, Business, CNN, Anderson Economic Group, Labor, Emirates, Alaska Airlines, Space, NASA, SpaceX Locations: Seattle
Wells Fargo CEO calls consumers 'extremely resilient'
  + stars: | 2024-10-15 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Wells Fargo CEO Charlie Scharf gave CNBC's Jim Cramer a positive read on the consumer landscape. "We don't sit here and say risks don't exist — But what we see looks pretty, pretty strong." Wells Fargo's most recent quarter topped Wall Street's expectations, and shares surged more than 4% last Friday just after the report. By Tuesday's close, Wells Fargo was up 1.40%. While Scharf said Wells Fargo does care about its quarterly results, he suggested the market can obsess over reports more than management does.
Persons: Wells, Charlie Scharf, Jim Cramer, Scharf, Tuesday's, Wells Fargo, I'm Organizations: Federal Reserve Locations: Wells
Julie Su is in Seattle to mediate Boeing worker strike to resume negotiations. Boeing's strike began after workers rejected a 25% pay raise, demanding 40% and other benefits instead. AdvertisementBoeing's worker strike appears to be in such a stalemate that the US's top labor official flew to Seattle to mediate. In separate Monday meetings, Acting Secretary of Labor Julie Su urged both parties to move forward, the labor union for aerospace workers said in a statement. Su mediated a 75,000-person healthcare worker strike against Kaiser Permanente in October 2023.
Persons: Julie Su, Boeing's, , Labor Julie Su, Su, Biden, Boeing Machinists Organizations: Boeing, Service, Labor, Anderson Economic Group, Reuters, Labour Union, International Association of Machinists, Aerospace Workers, Kaiser Permanente, United, Alaska Air, Emirates, RyanAir Locations: Seattle, Union, Gulf Coast, United Airlines
CNBC's Jim Cramer critiqued the market action Tuesday and advised investors not to trade when stocks react immediately to earnings reports, as some of these moves are not necessarily warranted. He said the action occurred as a part of the "quarterly re-pricing process" of earnings season. While he's against painting with broad strokes when it comes to earnings season, Cramer said he's not suggesting that there aren't important benchmarks and details worth paying attention to. "There are so many people playing with so much money — professionals who pay people fortunes to figure this stuff out — let them fight to set the price," Cramer said. "For regular investors like you, trying to trade that initial post-earnings action is just an easy way to lose money four times a year, like clockwork."
Persons: CNBC's Jim Cramer, Stocks, Cramer, he's Organizations: Dow Jones, Nasdaq Locations: Dutch
DETROIT — The Michigan Senate race is one of several that could help determine control of the chamber and decide the presidential contest this fall. And unlike in some other swing states, both candidates in the open Senate race are sticking close to the tops of their tickets. “It’s about those independent voters, those swing voters, those voters who make their decisions very late,” she said. Doesn’t work when you have the problems that we have in the state of Michigan,” he continued. “I don’t believe in doing something that is not possible for the auto industry, because that’s our bread and butter here in Michigan,” Slotkin said.
Persons: Mike Rogers, Donald Trump, Elissa Slotkin, Kamala Harris, Joe Biden’s, ” Slotkin, Harris, , Democratic Sen, Debbie Stabenow, Rogers, , Trump, MAGA, I’m, Donald Trump’s, Mike Rogers ’, Slotkin, There’s, don’t, Slotkin “, ” Rogers, Biden, hasn’t, ‘ Let’s, let’s, I’d Organizations: DETROIT, The Michigan Senate, GOP, ” Democratic, Trump, Democratic, Getty, Harris, Republican Party, House Intelligence Committee, White, , United States Senate, CIA, Defense Department, Slotkin, Biden, Michigan, Senate, Republican, Pentagon, Democratic Party, Democrats Locations: America, Michigan, Ann Arbor, Detroit, China, Ukraine, Gaza, Lebanon, Israel, Florida
CNBC's Jim Cramer on Monday reviewed quarterly reports from two of the biggest names in the financial sector, JPMorgan and Wells Fargo . He said he was excited by both banks' performance and suggested their success means earnings season will bring more positive news. "While these quarters were certainly good news for JP Morgan and Wells Fargo, I think they're also good omens for earnings season and the market overall," he said. Like JPMorgan, Wells Fargo beat Wall Street's expectations last week. "Rather than getting bogged down in the details, it's better to focus on the positive overall picture, which is exactly what happened on Friday.
Persons: CNBC's Jim Cramer, JP Morgan, Wells Fargo, they're, Cramer, Wells Fargo's Organizations: JPMorgan, Wells, Federal Locations: Wells Fargo
CNBC's Jim Cramer on Monday opined on the continuous success of Big Tech stocks in the market, explaining why the Magnificent Seven, as well as Netflix , continue to rally as the bull market persists. "Even if you've missed these rebounds in the Magnificent Seven plus Netflix, don't, don't sweat the program," he said. The Magnificent Seven includes Amazon , Alphabet , Apple , Microsoft , Nvidia , Meta and Tesla , and many of these stocks have seen declines in recent months followed by strong rebounds. And despite Tesla's robotaxi flop, Cramer said it's unwise to short the stock and bet against CEO Elon Musk. "Other groups can roar, too, in this market, perhaps because there's just a lot of money going around."
Persons: CNBC's Jim Cramer, you've, Cramer, Apple, Elon Musk, hasn't, there's Organizations: Big Tech, Netflix, Microsoft, Nvidia, Meta, Apple, Federal Reserve Locations: China
Two years ago, Kari Lake appeared to be on an unstoppable path to becoming the governor of Arizona. Now she's a heavy underdog to Rep. Ruben Gallego in a state where Trump and Harris are tied. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Combative yet charismatic, Lake was quickly recognized as the most skilled purveyor of Trumpism aside from the former president himself. She wasn't simply imitating Donald Trump but refashioning his political style to fit her own profile as a well-known local TV anchor.
Persons: Kari Lake, Ruben Gallego, Harris, , Rep, Ruben Gallego's, Patty Contreras, Contreras, Lake, Donald Trump, Katie Hobbs, " Contreras, Hobbs, she's, MAGA, David Schweikert, Sen, Kyrsten, flailing, Gallego, Kamala Harris, Cheryl Evans, Lake's denigration, John McCain, That's, Julie Spilsbury, he's, Spilsbury, Kari Lake it's, sVJPKcFWp4, Kirk Adams, Doug Ducey's, Adams, rankles, Maryjane Carsten, Carsten, JD Vance's, She's, Chuck Coughlin, Rebecca Noble, Trump, that's, Donald Trump playbook, that's Donald Trump, Barrett Marson, Mike Noble, Noble, Lake's, Mitch McConnell, hasn't Organizations: Rep, Trump, Service, Phoenix, Democratic, Arizona Democrats, Republicans, Republican, Arizona Republic, AP, Mesa who's, Lake, UVF, Oracle, Senate, Sen, GOP, Fund Locations: Arizona, Scottsdale, Mesa, Lake that's, Tucson, Prescott Valley , Arizona, Gallego
Stock Chart Icon Stock chart icon Novo Nordisk's year-to-date stock performance. Stock Chart Icon Stock chart icon Uranium Energy's year-to-date stock performance. Uranium Energy : "UEC's the real deal...It's going higher. We need more uranium. Stock Chart Icon Stock chart icon Halliburton's year-to-date stock performance.
Persons: Eli Lilly Organizations: Novo, Novo Nordisk, Uranium Energy, Halliburton
The questionnaires, known as client intake forms, give rare insight into the practices of Sage and other crisis pregnancy centers and how they use ambiguous language to describe their services. These practices are typical for crisis pregnancy centers across the country, according to the American College of Obstetricians and Gynecologists. The tactics used at crisis pregnancy centers often create delays that leave women unable to access abortions, forcing them to continue their pregnancies. Most crisis pregnancy centers in the United States are affiliated with either Heartbeat International or Care Net, another anti-abortion network. Like Idaho, North Carolina provides state funding to crisis pregnancy centers.
Persons: Sage, Raúl Labrador, Law360, , Michelle Kuppersmith, , It’s, Linda Prine, Prine, ” Prine, Jayme Trevino, Landy, it’s, ” Trevino, Sage Women’s, Willow, Andrea Trudden, ” Susannah Baruch, Julie von Haefen, she’s, ’ ” von Haefen, “ I’m, von Haefen Organizations: NBC News, Sage, Sage Women’s, Consumer Protection, American College of Obstetricians, Women’s, federal, Insurance, Guttmacher Institute, Heartbeat, NBC, International, Flom Center, Health Law, Biotechnology, Bioethics, Harvard Law School, Care, Democrat Locations: Twin Falls , Idaho, Idaho, Labrador, Colorado, United States, ” North Carolina, Raleigh, North Carolina
For the better part of the last four years, Julie Averbach has been visiting as many Trader Joe's supermarkets as possible. Averbach visited more than 150 Trader Joe's locations while researching her upcoming book. "At Trader Joe's, the private label products are affordable luxuries." Trader Joe's turns shopping into an experienceShoppers who enter Trader Joe's are met with a display of fresh flowers. By turning each store into an eclectic, interesting place to browse, Trader Joe's encourages shoppers to look around and find something they might like.
Persons: Julie Averbach, She's, I'd, Averbach, Joe's Organizations: Yale, CNBC, Joe's, Shoppers Locations: Boston
Cramer's Lightning Round: 'I'm worried' about Boeing
  + stars: | 2024-10-11 | by ( Julie Coleman | ) www.cnbc.com   time to read: 1 min
Boeing : "I'm worried...The balance sheet's not great, and they should have raised capital when they had a chance to. This was a very jarring series of news tonight, and I don't have any conviction whatsoever that they are getting this right."
Organizations: Boeing
As earnings season takes off, CNBC's Jim Cramer on Friday advised investors about what to follow next week on Wall Street. Bank of America could see a boost now that Warren Buffett is no longer required to frequently report his sales of the stock, Cramer added. Johnson & Johnson , Walgreens and UnitedHealth Group also report earnings on Tuesday, with Cramer noting that the latter regularly beats expectations. Johnson & Johnson this week saw a new development in its ongoing talc lawsuits that could aid resolution efforts. On Friday, Procter & Gamble will report, and Cramer said he's worried about the company's business in China.
Persons: CNBC's Jim Cramer, Cramer, Charles Schwab, Goldman Sachs, Schwab, He's, he's, Warren Buffett, Johnson, Morgan Stanley Organizations: Netflix, Taiwan Semiconductor, Bank of America, Citigroup, Wall, Johnson, Walgreens, UnitedHealth, Abbott Laboratories, Food and Drug Administration, Centers for Disease Control, National Institutes of Health, Nvidia, Procter, Gamble, American Express Locations: China
AdvertisementThe small Swiss town of Gstaad, nestled in the Bernese Alps, looks like a setting ripe for a Sound of Music-inspired fairytale. Longevity Investors Conference/David BiedertThis is where longevity seekers come each fall for an intimate conference connecting investors to entrepreneurs and scientists. AdvertisementYes, there is still some Swiss cheese, wine, and desserts on offer at the Longevity Investor's Conference for those who wish to indulge. Longevity Investors Conference/David BiedertInvestment is flowing into early-stage longevity companies that are bringing tests and products to market. Longevity Investors Conference/David BiedertEquipped with Starlink satellite internet, the boat is designed for "floating coworking."
Persons: , David Biedert, Moritz, Marc Bernegger, Longevity.Technology, who've, Bryan Johnson, Nir Barzilai, Alex Colville, Emil Kendziorra, Tobias Reichmuth, rapamycin, berberine, nature's, Reichmuth, David Furman, who'd, Julie Andrews, Madonna, Valentino Organizations: Business, Service, Longevity, Conference, Academy for Health, David, Bold, Michelin Locations: Switzerland, Gstaad, Bernese, St, Singapore, Tel Aviv, Age1, San Francisco, Antarctica, Sardinia, Italy, Okinawa, Japan, Zurich
Chris Pine, who starred in "The Princess Diaries 2," said he doesn't know anything about the third film. Advertisement"The Princess Diaries 2: Royal Engagement" actor Chris Pine said doesn't know anything about the movie's sequel, "The Princess Diaries 3." "The Princess Diaries" sees Princess Mia Thermopolis (Anne Hathaway) learn that her late father was the prince of a fictional European country, Genovia. Chris Pine doesn't know anything about "The Princess Diaries 3." The sequel doesn't have a release date: it is still in development and filming is yet to start.
Persons: Anne Hathaway, She'll, Queen Mia Thermopolis, Chris Pine, , Mia Thermopolis, Clarisse Renaldi, Julie Andrews, Hathaway, Angela Weiss, Adele Lim, Thermopolis, Devereaux, doesn't, Viscount Mabrey, John Rhys, Davies, Chris Pine doesn’t, Prince Consort, Amelia Mignonette Thermopolis, of Genovia, sN2MmHh4qd, — ✨ Bailey, Jenna, Pine, Bob Iger, he'd Organizations: Service, Getty, Disney, Pictures, Hoda Locations: Genovia, European
September's robust job growth signaled what looks like a booming labor market. In general, the job market is booming. There's some tension hiding in the dataOn its face, the labor market is looking rosy. Job openings ticked up in August but have been broadly declining since 2022, adding to the tough labor market picture for job seekers. Related storiesEven though the labor market has cooled, it's largely done so without mass layoffs or a full-blown recession.
Persons: , ​ ​ Cory Stahle, they're, Liz Wilke, Elizabeth Renter, Matt Colyar, Claudia Sahm, Julie Su, Wilke, It's Organizations: Service, Workers, Moody's, New Century Advisors, mhoff
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTech should be a part of long-term strategy but not the whole thing, says Julie BielJulie Biel, chief market strategist at Kayne Anderson Rudnick, joins CNBC's 'The Exchange' to discuss the risk vs reward in Nvidia, the case for small caps, and more.
Persons: Julie Biel Julie Biel, Kayne Anderson Organizations: Nvidia
Irvine,” revealing that it probably belonged to British climber Andrew “Sandy” Irvine. Irvine’s disappearance on Everest in 1924, alongside his compatriot George Mallory, is one of mountaineering’s biggest mysteries – with a solution that has the potential to change history. That is, until this latest expedition, when the National Geographic team, which included “Free Solo” co-director Jimmy Chin, discovered a foot inside what they believe is Irvine’s boot. Irvine was 22 years old when he disappeared on Mount Everest. “I have lived with this story since I was a seven-year-old when my father told us about the mystery of Uncle Sandy on Everest,” she added.
Persons: Andrew “ Sandy ” Irvine, George Mallory, , Jimmy Chin, Sandy, ” Chin, Sandy might’ve, Erich Roepke, Chin, Irvine, Irvine’s, Julie Summers, Summers, , Uncle Sandy Organizations: CNN, Geographic, Everest, National Geographic, Tibet Mountaineering Association, Mount, Mount Everest Foundation, Geographical Society, Getty, PA Media Locations: Irvine, British, . Irvine, China, Mount Everest, Everest
After Wall Street balked at Tesla 's highly-anticipated robotaxi unveiling, CNBC's Jim Cramer told investors not to make any moves on the stock. While he said he wouldn't recommend buying Tesla after Thursday night's event flopped, Cramer discouraged shorting the stock, saying it's "dangerous to bet against" CEO Elon Musk. While impressed by the look and concept of the robotaxi, Cramer said the event's demonstration lacked substance and failed to prove its technological prowess. By Friday's close, Tesla stock was down 8.78%, and Cramer said the market's reaction speaks for itself. "Look, Tesla has a big problem: the electric vehicle market turned out to be substantially smaller than was thought," Cramer said.
Persons: Tesla, CNBC's Jim Cramer, Cramer, Elon Musk, Tesla's, Musk, Friday's, Lyft, Uber, robotaxis Locations: Switzerland
PHOENIX — Republican Kari Lake and Democratic Rep. Ruben Gallego faced off in Arizona’s feisty first and only Senate debate Wednesday evening, trading shots over the border, abortion, tax policy and more. Lake has long made the border a cornerstone of her campaign, chastising Gallego for supporting the Biden-Harris administration’s immigration policies. Gallego, in turn, has made the bipartisan border bill that Trump and Lake opposed a big part of his campaign. “He acts like he cares about us,” Lake said of Gallego, “speaking directly to the women” watching the debate. Talking to the media immediately after the debate, Gallego said: “She needs to be loud, she needs to lie because she’s weak.
Persons: Kari Lake, Ruben Gallego, ” Gallego, Lake’s, “ We’re, Gallego, Lake, Donald Trump, Donald Trump doesn’t, Trump, , “ Trump, Kamala Harris, Harris, hasn’t, , Laken Riley, , ” “, Sen, Kyrsten Sinema, Democratic Sen, Chris Murphy, GOP Sen, James Lankford, chastising Gallego, Arizonans, ” Lake, it’s, Katie Hobbs Organizations: PHOENIX, Democratic Rep, Progressive Caucus, , Lake, Arizona Republicans, Trump, Senate, , Washington , D.C, NBC, Democratic, GOP, Biden, Border Patrol, UVF Locations: Arizona, Washington ,, Mexico, Georgia, Connecticut, James Lankford of Oklahoma
Cramer's Lightning Round: Robinhood is a buy
  + stars: | 2024-10-10 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Stock Chart Icon Stock chart icon Micron's year-to-date stock performance. Stock Chart Icon Stock chart icon American Tower's year-to-date stock performance. Stock Chart Icon Stock chart icon ADMA Biologics' year-to-date stock performance. Stock Chart Icon Stock chart icon Robinhood's year-to-date stock performance. Stock Chart Icon Stock chart icon CVS's year-to-date stock performance.
Persons: Howmet, Modine, ADMA Biologics, ADMA Organizations: Dominion Freight, Old Dominion Freight, Union Pacific, Micron, Howmet Aerospace, Modine
CNN —Al Pacino is enjoying being a late-in-life dad. The legendary actor talked about being a father to a brood, including to 16-month-old Roman with producer Noor Alfallah, in a new interview with People. “It’s just so wonderful to have children,” the 84-year-old father of four said. “For me, I loved it,” Pacino said. “And that has been a campaign for me to stick around a little longer, if it’s possible.”“Sonny Boy” will be published on October 15.
Persons: CNN — Al Pacino, Noor Alfallah, “ It’s, ” Pacino, Julie, Jan Tarrant, Anton, Olivia, Beverly D’Angelo, it’s, It’s, , , Pacino, Sonny Boy, Sonny Boy ” Organizations: CNN, New York Times
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