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Read previewAdult film actor Stormy Daniels drops so many bombshells in the smart, surprisingly moving documentary, "Stormy," that it's no wonder former President Donald Trump's "hush money" case lawyers are now raging against it. 'Unacceptable'"Extraordinarily prejudicial," Trump's lawyers called the film in defense filings made public this week. There is also their client to consider, Trump's lawyers said, in the delay request made public Thursday. Trump's lawyers are meanwhile asking that Daniels — given name Stephanie Clifford — be barred from testifying at the hush-money trial. A still from the Peacock documentary, "Stormy."
Persons: , Stormy Daniels, Donald Trump's, Trump, Daniels, she'd, Stephanie Clifford —, Michael Cohen, Juan Merchan's, Peacock, Erin Lee Carr, Carr, Seth Rogen, Jimmy Kimmel, Melania Trump, Barron, It's, Trump's, — Daniels, Cohen, Sarah Gibson, Gibson, Michael Avenatti —, Avenatti, Donald Trump Organizations: Service, Business, NDA, Trump, Prosecutors, York, Southwest, Touch, National Enquirer, Wall Locations: Lake, Manhattan, Baton Rouge , Louisiana, Brooklyn, American
The National Association of Realtors said it'd reduce commissions as part of a $418 million settlement. Cut commissions could lead to lower home prices but may force some agents out of the industry. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementThe entire real-estate industry could shift in homeowners' favor, thanks to a settlement by one of the most powerful groups of real-estate agents in the country. In a major win for consumers, it also agreed to amend its rules on commissions, The New York Times, which obtained a copy of the signed agreement, reported.
Persons: Organizations: National Association of Realtors, Service, New York Times, Business
Ryan Gosling stole the show at the Oscars on Sunday with his performance of "I'm Just Ken." He shared moments with his "Barbie" costars, director Greta Gerwig, and longtime friend Emma Stone. Gosling told Business Insider it was fun reuniting with Stone: "I'll work with her any chance I get." Gosing's rendition of the Oscar-nominated "Barbie" song brought down the house, but one detail in particular had fans excited: his reunion with former costar Emma Stone. During the performance, Gosling also shared moments with "Barbie" director Greta Gerwig and his costars Margot Robbie and America Ferrera.
Persons: Ryan Gosling, I'm, Ken, costars, Greta Gerwig, Emma Stone, Gosling, Stone, , Oscar, Barbie, Guy, Margot Robbie, Mandy Moore, Robbie, Gerwig, Ferrera, Emma, Moore, She's, You've, Variety, Ryan, Colt Seavers Organizations: Service, SXSW, TV, America, Hollywood Locations: La
After falling out with Kassan, UTA may think twice about buying another agency. The media and ad industry will be watching to see what, if any, leadership changes UTA makes at MediaLink. The end of the ad industry schmoozefest? One industry veteran said they saw Kassan's exit as an opportunity to change how ad industry consultants operate and charge for services. At the center of the dispute between UTA and Kassan is the MediaLink founder's $950,000 annual expense account.
Persons: Michael Kassan, MediaLink, Kassan, Jeremy Zimmer, Kassan wasn't, Vianney Tisseau, headhunting, Jon Miller, Sanford Michelman, Michelman, Robinson, Ethan Miller, Julian Jacobs, David Anderson, WME, Kassan's, Wenda Harris Millard, wasn't, what's, There's, Lou Paskalis, Marc Sternberg's, Lady Gaga, Elton John, Mariah Carey, Tom Brady, Rob Norman, WPP's Organizations: UTA, Cannes Lions, Consumer, Business, Los Angeles Superior Court, Los, Judicial, Mediation Services, Variety Cannes Lions Studio, Integrated Media, Getty, Talent, Accenture, General Motors, Netflix, JUV Consulting, Madison, Endeavor, Writers Guild of America, Zimmer, Western Initiative Media Worldwide, Interpublic Group, Bank of America, AJL, Marc Sternberg's Brand, Kassan, Southwest, NFL Locations: MediaLink, Cannes, France, Madison, Droga5, Hollywood, Kassan, California, South, Austin
The Ami is most ridiculous "car" I've ever driven — but it turns heads and is a lot of fun too. I thought I knew what to expect, but it wasn't until the "car" was driven off the trailer that I realized I'd taken custody of a large lawnmower. A large electric lawnmower. The Ami (French for "friend") also looked like it'd been washed in an army surplus cycle. Appropriately enough I almost made a new friend before I'd even parked, as a passer-by asked if I'd just bought it.
Persons: Ami, , Ram, Romeo —, I'd Organizations: Service, Dodge, Peugeot Locations: London
Read previewJapanese and Korean carmakers cracked the US market long ago — but don't expect Chinese EV seller BYD to repeat that feat. Advertisement"It'd be very difficult for a Chinese EV maker to enter the US market," Seth Goldstein, an equity strategist at Morningstar, told Business Insider. The bill, a key part of US President Joe Biden's economic agenda, offers tax credits worth up to $7,500 for EV makers, excluding any "Foreign Entity of Concern." BYD isn't the only company turning its back on the US EV market. Given that EV sales growth is stalling in US, it's perhaps little wonder companies like BYD are not too bothered.
Persons: , There's, Tesla, We're, Stella Li, BYD, Seth Goldstein, I'm, Suzuki, Jim Farley, Will Roberts, Goldstein, Roberts, Joe Biden's, Joe Biden, Demetrius Freeman, Rho Motion's Roberts, you'd, Li, carmakers Organizations: Service, Yahoo Finance, Business, Morningstar, Toyota, Motors, Nissan, Mazda, Lexus, Honda, Mitsubishi, Korea's Hyundai, Kia, North, Ford, EV, Rho, Energy, Treasury, Washington Post, Cox Automotive, Apple Locations: Korean, North America, , China, North American, Russia, Iran, North Korea, Brazil, Thailand, Americas, Asia, South America
Read previewFormer President Donald Trump easily defeated his former UN Ambassador Nikki Haley on Super Tuesday in every state except Vermont, all but guaranteeing him the Republican Party's presidential nomination. The Republican former president was surprisingly unable to beat Haley in Vermont on Super Tuesday. Today, in state after state, there remains a large block of Republican primary voters who are expressing deep concerns about Donald Trump," Haley national spokesperson Olivia Perez-Cubas said in a statement. As it stands, Haley can still win the nomination, though it'd require handily defeating Trump in state after state, surpassing polling. Despite her win in Vermont, Haley did not give a speech Tuesday evening, while Trump gave one from Mar-a-Lago without mentioning her name once.
Persons: , Donald Trump, Nikki Haley, Trump, Haley, Olivia Perez, Cubas, it'd, NBC's Kristen Welker, we're Organizations: Service, Super, Republican, Business, GOP, Republican National Convention, Trump Locations: Vermont, Utah, California, Milwaukee, Mar
Sen. Elizabeth Warren has criticized Corizon successor company YesCare for its opaque corporate structure. Yet Geneva's track record is scant; it only incorporated in November 2021, six months before it got the YesCare contract. AdvertisementOnly one agency with a YesCare contract told BI it was aware of the extent to which YesCare had outsourced its operations. AdvertisementAn October 2022 YesCare bid document, submitted to the Alabama Department of Corrections, says PharmaCorr will dispense all prescription medications for YesCare. AdvertisementThe agreement between Geneva and prison healthcare provider YesCare requires YesCare to pay at least $500,000 a month to Geneva.
Persons: Sen, Elizabeth Warren, Corizon, YesCare, , Dick Durbin, Raphael Prober, Prober's nonanswer, Warren, Christopher M, Lopez, Robert Green, Corizon —, Green, Lori Mayer, Aaron Kaufman, Chris Atkinson, Joel Landau, Tehum, Martin Horn, Alabama Department of Corrections YesCare, Thomas Mailey, Bryan Baker, Isaac Lefkowitz, Perigrove, — Lefkowitz, Lefkowitz, David Gefner, Gefner, Storm Harper, PharmaCorr, Jeff Sholey, Steven Weiss, Atkinson, Sara Tirschwell, Zalman Shapiro, Tirschwell, Michael Farrier, Jeffrey Sholey, Judge Lopez Organizations: Service, Corizon Health, Business, Getty, YesCare Holdings, Justice Department, Tehum Care Services, Geneva Consulting, Genesis Healthcare, BI, Geneva, American Correctional Association, . Maryland Department of Public Safety, Correctional, CHS, PharmaCorr, University of West, of Health, Allure, New York State Department of Health, Public, New York City Department of Correction, Alabama Department of Corrections, Alabama, New York State Department of Corrections, Community Supervision, Doña, Okaloosa, LinkedIn, YesCare, YesCare . Alabama Department of Corrections, Gefner, Court, Western, of, Corizon's, Florida's, Florida's Hillsborough County Sheriff's, Tehum's Locations: Missouri, Houston, Texas, Geneva, Florida, Alabama, New Jersey, YesCare, University of West Florida, Connecticut, Massachusetts, Riker's, Doña Ana County, New Mexico, Okaloosa County , Florida, Wyoming, Maryland, Colorado , Florida, North Carolina, Suffern , New York, YesCare's Alabama, of Missouri, Florida's Hillsborough County
Advertisement"It felt like it was more authentic," Andrea Brimmer, chief marketing and PR officer of Ally Financial, parent of Ally Bank, said of the decision to use the reality format. In another recent example, H&R Block in February dropped "Responsibility Island," a limited series reality spoof based on the popular British reality dating show "Too Hot to Handle." "It is the perfect escape; reality TV is a genre that just delights them." Other brands like Neutrogena have lately co-opted the reality TV format for social media series. Advertisement"To do a purely entertainment reality series is something you don't see every day," said Zoe Fairbourn, head of strategic partnerships and branded entertainment at Hello Sunshine.
Persons: , Emma Grede, Ashley Graham, Ally, Reese Witherspoon's, Andrea Brimmer, Andrew Brimmer, We've, it's, Jill Cress, Cress, Shopify, Zoe Fairbourn, Rick Parkhill, Block, Brimmer, Jill Kargman, Lara Spotts, It'll Organizations: Service, Ally Bank, Business, Ally Bank Brands, Procter, Gamble, Gen, National Geographic, Samsung, YouTube, Galaxy, Disney, Brand, Brands
Jim Cramer explains why the market rallied on Thursday
  + stars: | 2024-02-29 | by ( Julie Coleman | ) www.cnbc.com   time to read: +2 min
CNBC's Jim Cramer told investors why he thinks the market was able to rally on Thursday, citing continued momentum in the tech sector and new inflation data suggesting the economy might be amenable to interest rate cuts. The Nasdaq Composite advanced to its first record high since 2021, popping 0.9% as tech and chip stocks saw gains. Salesforce also issued a light forecast on Wednesday night, but the stock managed to recover and finished up about 3% on Thursday, bringing up other tech stocks with it, Cramer said. And a "usually tempered" Citi analyst indicated on Thursday he was bullish on semiconductors, which bodes well for AI stocks, according to Cramer. "Now, there were some laggards today, of course, I get that—there were plenty of safety stocks that weren't so safe," Cramer said.
Persons: CNBC's Jim Cramer, we've, Cramer, Snowflake, Salesforce, Dell, tech's Organizations: Nasdaq, Dow Jones, Citi, Dell
Xavier, Remington, and Jade Estes were born on February 29, 2004, 2008, and 2012, respectively. AdvertisementWhen Xavier, Remington, and Jade Estes sliced their joint birthday cake earlier this month, the numbers on the top said 20, 16, and 12. AdvertisementThe makeup of the Estes family is known only to copy that of an older family in Norway. Heidi, Olav, and Leif-Martin Henrikson — born in 1960, 1964, and 1968, respectively — hold the Guinness world record for most siblings delivered on consecutive leap day years. "Everyone associates leap day with frogs."
Persons: Xavier, Remington, Jade Estes, , Estes, Heidi, Olav, Leif, Martin Henrikson —, Louise Estes, Jade, Remington Estes, David, Xander, I'd, Seeley, We'd, Este, wasn't, it's, We've Organizations: Service, Guinness, Brigham Young University, Marvel, Business Locations: Norway, Payson , Utah
COST 5Y mountain Costco's stock performance over the past five years. DHR 5Y mountain Danaher's stock performance over the past five years. ETN 5Y mountain Eaton Corp.'s stock performance over the past five years. "The megatrends are real serious, and [Eaton] is a real serious company," Jim said. TJX 5Y mountain TJX Companies' stock performance over the past five years.
Persons: Jim Cramer, Jeff Marks, Morgan Stanley, Wall, Beijing's, Jim, Eaton, Linde, Lilly's, Eli Lilly, We've, Zepbound, Mark Zuckerberg's, Mark Zuckerberg, OpenAI, Copilot, management's, Nvidia, TJ Maxx, TikTok, Gen Zers, TJX, Jim Cramer's, Satya Narayana Nadella, Lucas Jackson Organizations: GE Healthcare, Meta, Microsoft, Johnson, Natural Resources, Starbucks, Apple, Apple Music, Services, Amazon, Amazon Web Services, Prime, Costco, Danaher, Eaton Corp, Investors, GE, LIN, Novo Nordisk's Wegovy, Novo Nordisk, Management, Nvidia, TJX Companies, Marshalls, CNBC Locations: Eaton, China, Manhattan, New York City
Google is bullish on the prospect of its more advanced artificial intelligence models coming to smartphones in the next year. The internet giant expects that its currently available Gemini large language model (LLM), which competes with Microsoft-backed OpenAI's most powerful GPT-4 AI model, will begin to get embedded into devices starting next year. Google already offers Gemini Nano, which is the company's most efficient model for "on-device" AI, across its Pixel devices and on all other capable Android devices. "There are smaller versions of our Gemini model on the cloud," Rakowski told CNBC. Large language models, or LLMs, are AI models capable of understanding and generating language in a humanlike way.
Persons: Brian Rakowski, Rakowski Organizations: Google, Microsoft, Gemini, Google's, CNBC
After visiting 39 US national parks, one stands out as the most unique I've been to. Unlike many national parks, Hot Springs National Park is set in the middle of an Arkansas city. This park features a row of historic bathhouses and the only brewery located in a US national park. AdvertisementWhen thinking of national parks, many people imagine vast tracts of land and scenic drives through awe-inspiring mountain, forest, or desert scenery. Hot Springs National Park, on the other hand, is the country's second smallest national park and is set right in the middle of a small Midwest city.
Persons: Organizations: Service, Business Locations: Arkansas, Midwest
Quaid Walker worked as a design lead at Google in the movies and TV teams over five years. He decided to leave his job in 2021 to start his own business, a watch-buying platform called Bezel. AdvertisementI moved to the new team in 2018 and became one of the founding designers of Google TV. Once Google TV became popular, it no longer felt like we were trying things out and seeing what worked. Sometimes, I miss the security I had at Google, but the highs I get running my own company are much higher.
Persons: Quaid Walker, Walker, , I'd, I've, Chase Pion, Daryl Johnson, I'm Organizations: Google, Service, Apple, Amazon Locations: Los Angeles, San Francisco
In the final week of February, Wall Street will strive to maintain its AI-fueled rally even as economic concerns linger and the Federal Reserve's favorite inflation measure is on deck. But many worry the writing is on the wall for these market leaders as economic and inflation risks linger. The 'lone cloud' of inflation The Fed's preferred inflation gauge will also be released in the week ahead. Investors are concerned that sticky inflation will mean that the Fed will hold onto its higher-for-longer interest rate policy. Next week will also be the final week of February, with stocks headed for another strong month of gains.
Persons: Goldman Sachs, Patrick McDonough, Europe's, PGIM's McDonough, McDonough, Charlie Ashley, Dhaval Joshi, Joshi, Ashley, John Williams, TJX Cos Organizations: Dow Jones Industrial, Nasdaq, Nvidia, Japan's Nikkei, Catalyst Funds, BCA Research, CPI, PPI, Dow, New, Dallas Fed, Fidelity National Information Services, Richmond Fed, eBay, Enterprise, Cruise Line Holdings, New York Federal Reserve Bank, York, Monster Beverage, Paramount Global, PCE Deflator, Chicago PMI, . Kansas City Fed Manufacturing, Hewlett Packard Enterprise, Autodesk, Body, Hormel, PMI, Manufacturing Locations: U.S, Lowe's, Chicago, . Kansas, Michigan
Where markets go next may well depend on how Nvidia does after going forward. "The answer here will depend on NVDA," Tom Essaye of The Sevens Report wrote in a Thursday note. "The stock is at an all-time high ... and if it can hold (or extend) this rally ... it'll imply that tech can help lead this market higher." Nvidia and other artificial intelligence darlings, including Meta Platforms, powered the broader market last year, while other stocks underperformed. I'd rather take it elsewhere in something that hasn't had as much of a run as Nvidia has."
Persons: Tom Essaye, Essaye, Patrick McDonough, Solita Marcelli, Charles Ashley, hasn't, Said PGIM's McDonough Organizations: Nvidia, Revenue, Nasdaq, VanEck Semiconductor, Federal Reserve, Meta, UBS Global Wealth Management, Catalyst Funds
NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . After President Joe Biden announced his reelection bid last April, the vast majority of Democratic leaders coalesced around his candidacy, which wasn't surprising for an incumbent. Virtually every major Democratic governor or senator is behind the president's reelection bid and long ago dismissed the thought of replacing him on the ballot this year. But who might potentially be a Biden successor if such a scenario were to occur?
Persons: , Joe Biden, Biden, He's, he's, he'd, Donald Trump, Robert Hur Organizations: Service, Democratic, South Carolina Democratic, Trump, DNC, Biden Locations: Washington, Delaware, Chicago
NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Republican presidential candidate and former UN Ambassador Nikki Haley has been campaigning officially for a seat in the Oval Office for over a year, leaving her as the sole remaining candidate running against former President Donald Trump for the GOP's nomination. Haley, on the other hand, has repeatedly taken shots at her 77-year-old rival for his age, mental acuity, and policy choices. The longer she stays in the race and continues bashing her former boss, her chances of getting tapped to become his possible vice president could dwindle.
Persons: , Nikki Haley, Donald Trump, Trump's, Haley, Sen, Tim Scott, Vivek Ramaswamy, Doug Burgum, Trump, Scott, Ramaswamy, It's, Avid Trump, Lindsey Graham, Haley's, it'd Organizations: Service, Republican, Trump, Avid Locations: South Carolina
Yet two months into 2024, Jerome Powell and his Fed colleagues seems to have nearly pulled off what many would have called a miracle not long ago. Between a rock and a hard placeThe January Fed meeting minutes reinforced policymakers' careful approach for the months ahead. AdvertisementTo be sure, as far as policy expectations, markets have only recently arrived on the same page as the Fed. "The Fed doesn't want to be seen as having allowed inflation to reignite," he added. "The Fed doesn't want to undo all the good work they've done, and needlessly push the economy into a recession."
Persons: , Jerome Powell, Powell, James McCann, Abrdn, Gene Goldman, CME's, Gregory Draco, Draco, Larry Summers, Summers, Cetera's Goldman, Goldman, Abrdn's McCann, McCann Organizations: Service, Federal Reserve, Business, Co, Fed, Cetera Investment Management, Bloomberg
China, Japan, and Italy are all battling dwindling birth rates — and their struggles are a reminder of an issue that could eventually become a problem for the US. Elon Musk, with his three-year-old son X AE A-Xii at the 2024 Super Bowl, thinks low birth rates pose a risk to civilization. Meanwhile, economists have warned for years about plunging birth rates in Italy . AdvertisementChina has also struggled to raise its birth rate. Congress has also played up the potential for immigration to boost the economy over the longer term.
Persons: , millennials, Zeds, Zers, you’ve, Marc Ostwald, That’s, Elon Musk, Musk, X, Rob Carr, Italy party’s, , ADM’s, Donald Trump, Joe Biden, , ” Ostwald, Martin Heinrich Organizations: Service, United Nations, Business, ADM Investor Services International, Congressional, Republican, Democrat, Economic Committee Locations: China, Japan, Italy, India, “ Japan
Jenny Woo, 42, brought in more than $1.71 million in 2023 revenue by selling EQ card games on Amazon. She was working on her master's degree in education at Harvard University, learning about emotional intelligence and child development. Woo spent roughly $1,000 from her savings to launch her side hustle, Mind Brain Emotion, in 2018. A million-dollar ideaWhen budget cuts hit the school, Woo was laid off. A month before graduating from the Harvard program, Woo launched a Kickstarter campaign for the deck with a $1,500 goal.
Persons: Jenny Woo, Woo, , it'd Organizations: Harvard University, Amazon, CNBC, University of California, Berkley, Cisco, Harvard, Harvard Innovation Labs Locations: Irvine, Southern California, Boston
The problem is: If your basement floods, your flood insurance policy likely won't cover damages to most — if any — of your belongings. What is flood insurance? To that point, 99% of U.S. counties have experienced a flood since 1998 — and more than 40% of flood insurance claims are from outside high-risk flood areas, according to FEMA. Most people who have flood insurance get it through the federal government, via FEMA's National Flood Insurance Program, experts said. Consumers concerned about flood risk and insurance coverage should consider not putting their stuff in a basement, if possible, Kochenburger said.
Persons: Johnson, Jessica Rinaldi, Peter Kochenburger, Eric Thayer, Kochenburger, NFIP, Don Griffin, it'd, Griffin, Policyholders Organizations: Boston Globe, Getty, Southern University Law Center, Insurance, FEMA, Federal Emergency Management Agency, Flood Insurance, Bloomberg, Consumers, American, Casualty Insurance Association, Census, Southern University Law Locations: Vermont, United States, U.S, Whittier , California, freezers
California has served me well and the industry has certainly served me well, but it's just, wow. California has too many rules and regulations for businessesIn California, there are so many rules and regulations that change constantly. They're going to go down to those making $50,000, $40,000, $30,000. Jeffrey VonderHaarIn Texas, we got a large home with wide open spacesI've been doing business in Texas since 2016. Moving to Texas is disrupting in terms of my business because now I'm going to have to have a second front.
Persons: Jeffrey VonderHaar, I've, we've, You've, you've, They're, COVID, they've, It's, We'll, It'd Organizations: Business Locations: Calabasas , California, Houston, California, Dallas , Texas, Calabasas, Texas, Los Angeles, Woodland Hills, Beverly Hills, Jeffrey VonderHaar In Texas
Mark Sanford told Politico Magazine it'd take "a meteor strike" for Haley win South Carolina. Mark Sanford in a recent interview said that it'd take "a meteor strike" for fellow South Carolinian Nikki Haley to defeat former President Donald Trump in the state's presidential primary. Early in the GOP primary, South Carolina Gov. In the latest CBS News/YouGov poll, Trump led Haley 65% to 30% among likely South Carolina GOP primary voters. Upon returning to South Carolina, he admitted to the affair during a news conference at the state capitol in Columbia.
Persons: Mark Sanford, Haley, Sanford, Trump, Nikki Haley, Donald Trump, Henry McMaster, South Carolina Sen, Lindsey Graham, Trump's, hasn't, Mike Johnson, Tim Scott, Carolinians, María Belén, Jenny Sanford, Chapur Organizations: South Carolina, CBS, GOP, Former South Carolina Republican Gov, South, Politico Magazine, South Carolina Gov, Politico, New, Trump, South Carolina GOP, Winthrop University Locations: South Carolina, Carolina, Nikki, Iowa, New Hampshire, California, Texas, Sanford, Argentina, Columbia
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