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Revenue in the fiscal fourth quarter totaled $22.57 billion, topping the $22.45 billion expected by analysts, according to estimates compiled by LSEG. And the good run should continue, with management forecasting earnings growth acceleration over the next couple of years. Roughly $15 billion in cash flow from operations vs. $14.8 billion expected, and about $8 billion in capital expenditures vs. $6.54 billion expected. That implies free cash flow of about $7 billion vs. $8.1 billion expected. In entertainment, the team forecasts double digit percentage growth in operating income, with 10% operating margin in its streaming businesses.
Persons: Robert Iger's, Iger, hasn't, Jim Cramer's, Jim Cramer, Jim, Mickey Mouse, Mouse, Gary Hershorn Organizations: Disney, Revenue, LSEG, Management, ESPN DTC, ESPN, DIS, Comcast, Netflix, Warner Bros Discovery, Paramount Global, Sports, CNBC, Magic, Walt Disney World, Corbis, Getty Locations: Florida, India, Orlando , Florida
CNN —Visitors to New York City’s famed Flatiron Building may have noticed the landmark’s lesser-known neighbor — a narrow high-rise that would be modest if not for its extravagant gold dome. Now, the 5,777-square-foot penthouse that occupies the shimmering dome (and the two-story octagonal cupola it crowns) is on sale for $25 million. The five-bedroom, five-bathroom property sits atop 170 Fifth Avenue, which was built in 1898 and predates the Flatiron Building by four years. The building has been standing four years longer than its famous neighbor, the Flatiron Building. Alexander Alland, Jr. /Corbis Historical/Getty ImagesHaving once contained various businesses, including a publishing house, 170 Fifth Avenue was converted into a condominium at the turn of the millennium.
Persons: Eitan Gamliely, , Lawrence Treglia, it’s, Treglia, Robert Maynicke, Maynicke, Jay Maisel, Alexander Alland, Gregory C, Carr, ” Treglia Organizations: CNN, Visitors, New York Times, Tiffany Locations: New York, York, preschools, Mozambique
Here's a rapid-fire update on all the stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. This time around, Trump's tariff proposals on Chinese imports could help Amazon in its competition against low-price online sellers Temu and Shein. Salesforce : Not a Trump stock, but it wasn't a Kamala Harris stock either. Constellation Brands : The Mexican beer importer has been punished on fears about what Trump's tariff and immigration proposals could do to its business. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Jim Cramer's, Jim, Donald Trump's, Trump's, Abbott, Trump, Hock Tan, Tan, We'll, it's pricier, Morgan Stanley, Wells, Kamala Harris, Agentforce, That's, Biden, Dover, Eaton's, Elon, Waymo, JD Vance, we've, Linde, that's, Eli Lilly, Robert F, Kennedy Jr, Kennedy, Lilly, Mark Zuckerberg, Zuckerberg, Goldman Sachs, shouldn't, Nextracker, Brian Niccol, Niccol, Stanley Black, Decker, TJ Maxx, Wells Fargo, Jim Cramer Organizations: Jim Cramer's Charitable Trust, CNBC, Abbott Laboratories, Abbott Labs, White, Biden, AMD, Trump, Wednesday, Broadcom, VMWare, BlackRock, Costco, Coterra Energy, Coterra, DuPont, Disney, GE Healthcare, GE Aerospace, Google, Honeywell, Elliott Investment Management, Linde, Microsoft, Big Tech, Apple, Meta, Financial Times, Nvidia, Palo Alto Networks, Yum Brands, Taco Bell, Constellation Brands, Management, TJX, Marshalls, Jim Cramer's Charitable Locations: China, India, Missouri, Wells Fargo, BlackRock, Shanghai, Dover, U.S, Palo, HomeGoods
London CNN —King Charles III has marked his 76th birthday on Thursday by opening two food distribution hubs, as part of his Coronation Food Project that he launched a year ago in the hopes of bridging the gap between food poverty and food waste. Charles visited one of the new hubs in south London, which is hosting a “surplus food festival” where meals will be made using food that might otherwise have gone to waste. Since it was launched, the food project has worked with local charities FareShare and the Felix Project, and saved 940 tons of surplus food - the equivalent of 2.2 million meals. Charles speaks with staff at the new distribution center, designed to save and circulate surplus food and to support communities in need. King Charles treats his actual birthday in November like a normal working day, but the bonus of being the monarch means that he actually gets two.
Persons: London CNN — King Charles III, Charles, King, Sadiq Khan, Felix, Justin Tallis, , Princess, Wales, King Charles, King George II, George III Organizations: London CNN, Food, London, Getty, Royal, Commonwealth, King’s, Royal Horse Artillery, Honourable Artillery Company, CNN’s Royal, Guard’s Locations: London, Merseyside, England, United Kingdom, Samoa, Green Park, Westminster, Buckingham Palace
Disney gives investors years to cheer about
  + stars: | 2024-11-14 | by ( Chris Isidore | ) edition.cnn.com   time to read: +2 min
New York CNN —Disney did something extraordinary Thursday, giving investors a rare three-year financial outlook, even at a time of economic uncertainty. Shares of Disney (DIS) are exploding higher – up 10% just after the market open Thursday. And it forecast profits from streaming will rise another $875 million in the new fiscal year, helping to lift results. Legacy media companies such as Disney that have gotten into streaming in the last five years have struggled to make the business profitable as they sought to catch up with Netflix, which had been the only profitable streaming service until recently. Disney needs to have improved results from streaming as its cable and broadcast network business continues to suffer from a combination of ad sales declines an cord cutting by consumers.
Persons: New York CNN —, segement Organizations: New, New York CNN, New York CNN — Disney, Disney, Netflix, Pixar Locations: New York
At the edge of Serengeti National Park sits TAASA, a luxury safari lodge. The lodge sits near three ecosystems: the Serengeti National Park, the Maasai Mara National Reserve, and the Ngorongoro Conservation Area. A pair of zebras and a lion in the Serengeti National Park in Tanzania. In Serengeti National Park, night game drives aren't permitted. I whispered the words to myself on game drives and woke up to the lyrics in my mind some mornings.
Persons: , Jambo, Habari, Mzuri sana, TAASA's, May Simon, Simon, TAASA, Monica Humphries, Mikindo, Logolie Milya, Sam, Milya Organizations: Service, Toyota, Cruiser, Business, Mara, Reserve, Rovers Locations: TAASA, Tanzania's Lobo, Lodge, Ngorongoro, Tanzania, Ololosokwan
Diamond Sports moved closer to exiting bankruptcy on Thursday after a bankruptcy judge approved its reorganization plan, which slashes the hefty debt load that toppled the company. The green light is a significant milestone for the owner of regional sports networks, which has been under bankruptcy protection since March 2023. It presented its reorganization plan to the court with a standing objection from the U.S. The reorganization plan that received court approval on Thursday will see Diamond's debt load cut from nearly $9 billion to $200 million. Diamond is now unencumbered by legacy debt, financially stable and enthusiastically supported by new ownership," Diamond CEO David Preschlack said in a release Thursday.
Persons: Jose Siri, Dansby Swanson, Travis d'Arnaud, Diamond, David Preschlack Organizations: Major League Baseball's Houston Astros, Atlanta Braves, Diamond Sports, Amazon, Major League Baseball, U.S ., Diamond Locations: Truist, Atlanta
Over the past 10 years, I've traveled alone to all 63 major US national parks. First-time travelers often don't realize they sometimes have to secure reservations ahead of time. Go to newsletter preferences Thanks for signing up! Now that I've been to all 63 major national parks, I've seen plenty of other new travelers in my shoes. Here are the eight most common mistakes I see first-time travelers make when visiting the national parks.
Persons: I've, It's, Organizations: Service
CNN —The Kansas City-area homes of Chiefs stars Patrick Mahomes and Travis Kelce were burglarized last month, according to multiple local news outlets citing authorities. Deputies responded to the first reported burglary shortly after midnight on October 6 at a home in Loch Lloyd, Missouri, a criminal report from the Cass County Sheriff’s Office states. That home belongs to Mahomes, the Chiefs’ quarterback, CNN affiliates KCTV and KSHB reported. There was no forced entry and “deputies completed an investigation and a report was taken,” according to the criminal report. The home was believed to belong to Kelce, the Chiefs tight end, KCTV said.
Persons: Patrick Mahomes, Travis Kelce, Kelce’s, Taylor Swift, ” Mahomes, ” Kelce, KCTV, CNN’s Taliah Miller, Eric Levenson Organizations: CNN, Chiefs, New Orleans Saints, TMZ, Sheriff’s, KCTV Locations: Kansas City, Loch Lloyd , Missouri, Cass, Leawood , Kansas
Instead, they agreed upon a 32-hour workweek, in which employees retain their full-time positions with benefits but can enjoy reduced hours and schedule flexibility. The couple both work for the county, and say the shortened workweek has improved their quality of life. Ingman, a park manager in the county, said the 32-hour workweek made his job easier by attracting a better applicant pool. His wife’s employer recently adopted its own 32-hour workweek — using San Juan County as a template. Not all county employees are formally eligible for the 32-hour workweek; right now it only applies to the roughly 155 positions represented by the union.
Persons: Kristen, Eric Rezabek, Eric, ” Eric, Jessica Hudson, it’s, , Kristen Rezabek, ” Hudson, , , ” Kristen, there’s, Joe Ingman, Joe Ingman “, you’re, I’ve, Ingman, he’d, Jenni Merritt, she’d, Jenni, Jenni Merritt “, ” Merritt, Merritt, we’re, ” Kristen Rezabek, Matthew Steward, Matthew Steward “, “ It’s, Matthew Steward’s, Steward, Juan, Bernie Sanders, ” Joe Ingman, they’d Organizations: CNN, San, Park, Public Works Locations: San Juan Island, Washington, San Juan County, Seattle, , Park, Mississippi, Juan County
Two people have been charged in connection with the murder of an 18-year-old in Connecticut whose body was found wrapped in a comforter on a highway, as family say the suspects are the victim’s cousins. Edgar Josué Chiche Martínez’s body was found on Pope Park Highway in Hartford Saturday morning. He was just days away from his 19th birthday, family members told NBC Connecticut. The teen was charged with murder and tampering with evidence while Soto-Veliz was charged with hindering prosecution and tampering with evidence. Although police did not disclose a potential motive, Martínez Mayen said the family believes the slaying was over money.
Persons: Edgar Josué Chiche, , Martínez, Sender Soto, Soto, Veliz, Martínez’s, It's, ” Verónica Imelda Martínez Mayen, Martínez Mayen, Nimsa Martínez Organizations: NBC Connecticut, state’s, Examiner’s Office, ” Hartford, NBC, Hartford, Hartford High School Locations: Connecticut, Hartford, Magnolia, Guatemala, NBC Connecticut
— Revered abolitionist Harriet Tubman, who was the first woman to oversee an American military action during a time of war, was posthumously awarded the rank of general on Monday. Dozens gathered on Veterans Day at the Harriet Tubman Underground Railroad State Park in Maryland’s Dorchester County for a formal ceremony making Tubman a one-star brigadier general in the state’s National Guard. Harriet Tubman circa 1870. Wyatt hailed her aunt’s legacy of tenacity, generosity and faith and agreed Veterans Day applied to her as much as any other service member. In 2022, a Chicago elementary school was renamed for Tubman, replacing the previous namesake, who had racist views.
Persons: , Harriet Tubman, Tubman, Wes Moore, ” Moore, ” Tubman, HB, Underwood, Moore, , ” Moore siad, Tubman’s, Tina Wyatt, Wyatt, “ Aunt Harriet, ” Wyatt Organizations: Veterans, Harriet Tubman Underground Railroad, National Guard, Gov, , Underground Railroad, Union Army, HB Lindsey, Underwood Archives Locations: Md, Maryland’s Dorchester County, Philadelphia, South Carolina, Chicago
South Korean actor Song Jae-lim dead at 39
  + stars: | 2024-11-12 | by ( Yoonjung Seo | ) edition.cnn.com   time to read: +3 min
Seoul, South Korea CNN —South Korean actor Song Jae-lim, a former model who rose to prominence in K-dramas, was found dead in Seoul on Tuesday. A police official told CNN that no evidence of foul play was found at the scene, and a note was discovered in the apartment. “Our initial investigation so far, has revealed no signs of criminal activity,” police told CNN. South Korean stars paid tribute to Song following the news of his death. How to get help Help is available if you or someone you know is struggling with suicidal thoughts or mental health matters.
Persons: Song Jae, lim, Song, , Rose De Versailles, … Jae, lim …, Park Ho, san, Hong Seok, cheon, , Moon bin, Sulli, SHINee’s Kim Jong, hyun Organizations: South Korea CNN — South, Seoul Seongdong police, CNN, , ” Police, International Association for Suicide Prevention, Befrienders, Entertainment Locations: Seoul, South Korea, , South
CNN —A sculpture bought for just £5 ($6) and used as a doorstop could sell for more than £2.5 million ($3.2 million) after a Scottish court gave the green light for its sale. In 1998, the bust was found being used to keep open a shed door on an industrial park, according to the Highland Council. In a May report on the proposed sale, the Highland Council said a private overseas buyer had contacted auction house Sotheby’s and put forward an offer of more than £2.5 million. Following a public consultation earlier this year, members of a council committee recommended that the bust should be sold. By June, the wider council had agreed to the proposal, the spokeswoman told CNN.
Persons: Edmé Bouchardon, John Gordon, Gordon, , Invergordon, Organizations: CNN, Scottish Highlands, region’s Highland Council, Highland Council, Getty Museum, ” CNN, Central Michigan University Locations: Tain, Invergordon, Paris, Los Angeles
Activist investor ValueAct has a $1 billion stake in Facebook parent Meta , according to people familiar with the matter. ValueAct has a long history of investing in technology companies, and is generally considered to be more constructivist and collaborative than other activist funds. Meta is the parent company of Facebook, Instagram and WhatsApp. It is one of the largest companies to be targeted by an activist investor, with a market cap of nearly $1.5 trillion. Morfit has also pushed for change at other, smaller technology companies, including Spotify.
Persons: Mark Zuckerberg, ValueAct, Mason Morfit, Nelson Peltz's Trian, Meta, Brad Gerstner's, Gerstner, Morfit, — CNBC's David Faber Organizations: Meta, Inc, Orion, Facebook, Disney, Nelson Peltz's Trian Partners, Microsoft, Spotify Locations: Menlo Park , California
My bank has lowered the APY on my high-yield savings account by almost half a percent recently. AdvertisementIt's never pleasant to receive an email from your bank informing you that the interest rate on your high-yield savings account is decreasing. From August until the end of October, the annual percentage yield (APY) on my high-yield savings account has fallen from 4.6% to 4.2%. After paying off my bills every month, I would put the remainder of my paycheck into my high-yield savings account and watch the number creep up. Is there anything I can do about the state of my savings account, or do I have to watch my yield erode away slowly?
Persons: I'm, , I've, Jerome Powell, Patti Black, it's, Jerome Powell's, Black, Daniel Milan, Milan, that's, Richard McHorter, There's, McHorter, Trump's, What's, Zer, Christine, cji Organizations: Service, Federal Reserve, Savant Wealth, Cornerstone Financial Services, SRM Private Wealth, Treasury Locations: Milan, California, New York City
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. If management has anything positive to say about the highly profitable segment, it "would really move the stock," Jim said. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, we've, Jim, Evercore, Stocks, Bristol Myers, Shopify, Tyson, Okta, Jim Cramer's Organizations: CNBC, Club, Home Depot, Citigroup, Analysts, Broadcom, Google, Nvidia, Disney, Evercore ISI, Netflix
We had a great time on our trip together, and both of us needed it more than we realized. Courtesy of Terri PetersMy mother-in-law and I have different interests: I love reading and Taylor Swift, and she loves watching British detective shows, for example. We had great conversations and made lasting memoriesThe author and her mother-in-law enjoyed their time in Silver Dollar City. Courtesy of Terri PetersMy mother-in-law lost her husband in March 2022, and in March 2023, one of her three adult sons also died. I didn't realize I needed a getaway with just my mother-in-law, either.
Persons: , I've, I'm, we've, Joe Cafe, Terri Peters, Taylor Swift, Branson, she's, — she's Organizations: Service, Silver Dollar Locations: Branson , Missouri, Branson, Branson .
Paleontologist Dave Hone rates the realism of every "Jurassic Park" movie. He talks about how the T. rex hunted down its prey, how the Gallimimus outran predators, and what Velociraptors actually looked like in "Jurassic Park," starring Sam Neill, Jeff Goldblum, and Laura Dern. He debunks myths about the Stegosaurus' spikes and the T. rex's vision in "The Lost World: Jurassic Park," starring Julianne Moore and Vince Vaughn. He explains why some dinosaurs with sharp claws couldn't outclimb humans and how others could deliver devastating headbutts in "Jurassic World: Fallen Kingdom." Finally, he does a deep dive into the many feathered dinosaurs featured in "Jurassic World Dominion."
Persons: Dave Hone, Velociraptors, Sam Neill, Jeff Goldblum, Laura Dern, Julianne Moore, Vince Vaughn, Pteranodons, William H, Macy, Chris Pratt, Bryce Dallas Howard Organizations: Queen Mary University of London
London CNN —Britain, birthplace of rail transport, will get its first ever luxury sleeper train touring England and Wales next summer. The 18 cabins, including three grand suites and 15 suites, will be of an exquisite opulence not before seen on Britain’s rails. The unique charm of train travel compared to other luxury transport options, however, is the sociability. The Cornwall itinerary, in England’s southwest tip, takes in the rugged coastline of Penzance and the charming villages surrounding Lostwithiel. The Lake District, regarded by many as England’s finest natural wonder, is filled with dramatic peaks and serene bodies of water.
Persons: Ottavia, Palomba, lounging, Simon Rogan, , Rogan, Richard Trevithick Organizations: CNN, London CNN, Wales, Albion Nord, Rail Locations: London, Britain, England, Cornwall, Lake District, Wales, Belmond, British, Victorian, Britain’s, South Wales, England’s, Penzance, Lake, Snowdonia, Pembrokeshire
My best friend and I both named our daughters Annika. AdvertisementI met my best friend back in 2005 when I ran a Seattle-based indie music website, and she played in my favorite band. A shared bond on the other side of the worldIt's hard to live 6,000 miles away from one of your best friends. AdvertisementBut Saundrah's daughter is tall, has an incredible sense of direction, and wakes up at 5:30 a.m. every day to get homework done. Saundrah's daughter is an extrovert, and mine is an introvert.
Persons: Annika, , Saundrah, Leo, we'd, Nika, Nico Organizations: Service Locations: Seattle, Europe
After we published our research, the story of driving rats went viral in the media. The tale of rat tailsIt wasn’t just the effects of anticipation on rat behavior that caught our attention. While it’s vital to study negative emotions such as fear and stress, positive experiences also shape the brain in significant ways. As animals – human or otherwise – navigate the unpredictability of life, anticipating positive experiences helps drive a persistence to keep searching for life’s rewards. That’s a lesson my lab rats have taught me well.
Persons: , John McManus, Kitty Hartvigsen, neuroscientists, what’s, Jaak Panksepp, , jomo ’, Curt Richter, Dr, Sanjay Gupta Organizations: CNN, jomo, Get CNN, CNN Health Locations: Rat, behaviorceuticals
CNN —White sand beaches, Atlantic Ocean views and a whole lot of skin — this is the 2025 Pirelli Calendar. For the latest edition, New York-based photographer Ethan James Green turns his lens on Hunter Schafer, John Boyega and Simone Ashley, along with model and illustrator Connie Fleming, artist Martine Gutierrez and model Jenny Shimizu, among others. Ethan James GreenModel and actor Hoyeon Jung struck a delicate pose in a flowing sheer outfit. Ethan James GreenIn the calendar, Green pulls double duty as a model, too, making it the third time a calendar photographer has appeared in the cast. Ethan James GreenCollaboration was key to the 2025 calendar, Green said.
Persons: , Naomi Campbell, Cindy Crawford, Kate Moss, Terence Donovan, Richard Avedon, Herb Ritts, Ethan James Green, Hunter Schafer, John Boyega, Simone Ashley, Connie Fleming, Martine Gutierrez, Jenny Shimizu, Hoyeon Jung, Robert Freeman, Jane Lumb, Sonny Drane, “ There’s, ” Green, Fleming, Gutierrez, Schafer, Green, , Vincent Cassel, “ You’d, “ I’ve Organizations: CNN, Cal, Ethan James Green Model, Vogue, Teen Vogue, Goodman, Virginia Beach Park, Pirelli Locations: New York, Miami, British, Majorca, Spain, American, Virginia Beach
CNN —Authorities in Maryland are searching for a man facing several weapons charges after a colorful arsenal of firearms, including illegal “ghost guns,” was found in his home. A later search found multiple 3D-printed “ghost guns” without serial numbers, semi-automatic rifles, handguns and shotguns. The use of ghost guns is on the rise across the country with the Biden administration telling the Supreme Court that police departments have faced an “explosion of crimes involving ghost guns” in recent years. In 2017, police submitted about 1,600 ghost guns recovered at crime scenes for tracing. The Biden administration has tightened regulation on ghost guns as part of a series of actions related to gun safety.
Persons: , Adam Taylor, Taylor, Biden, Garland Organizations: CNN, Authorities, Police, Mary’s County Sheriff’s, Alcohol, Tobacco, Firearms, Explosives, Biden Locations: Maryland, Lexington Park, Washington, DC, St, Mary’s County
CNN —A group of people carrying Nazi flags demonstrated outside a community theater performance of “The Diary of Anne Frank” in Livingston County, Michigan, in a display of antisemitism. Several masked men showed up waving Nazi flags and reportedly shouted antisemitic and racist slurs outside the American Legion Post 141 in Howell on Saturday during the play, according to CNN affiliate WXYZ. “The Diary of Anne Frank” was published posthumously and has been translated into more than 70 languages in more than 60 nations, with several film and stage adaptations. Her diary is often a teen’s first introduction to the horrors of the Holocaust during World War II. In July, a statue of Anne in a local park was vandalized with the word “Gaza” scrawled in red paint.
Persons: Anne Frank ”, Bobby Brite, Brite, , , Hitler, White supremacists, Anne Organizations: CNN, American Legion, WXYZ, , ” Army, Community Theatre, ” CNN, Livingston County Sheriff’s Office, Detroit News, Hamas, ADL Locations: Livingston County , Michigan, Howell, America, Livingston County, Michigan, Detroit, Israel, Amsterdam, Bergen Belsen, Gaza, Israeli
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