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☆ Ukraine says it killed Kremlin-backed politician in car bombing in occupied Luhansk
▼ + stars: | 2023-11-08 | by ( Christian Edwards | Gul Tuysuz | ) edition.cnn.com time to read: +3 min

Kyiv CNN —Ukraine said it was responsible for the assassination of a Russia-backed official with a car bomb in the occupied eastern city of Luhansk on Wednesday. Both Ukrainian and Russian authorities reported Filiponenko had been killed in a car bombing early Wednesday morning. Ukraine’s Defense Intelligence posted Filiponenko’s address and warned others: “All addresses of traitors and places of their service to terrorist Russia in the temporarily occupied territories of Ukraine are known! Defense Intelligence of Ukraine states that all war criminals and collaborators will receive a fair retribution!”There have been several assassination attempts against Russian-backed officials in occupied Ukraine. Kherson and Zaporizhzhia, in the south of Ukraine, have been occupied by Russian forces since shortly after the full-scale invasion began in 2022.

Persons: Mikhail Filiponenko, Filiponenko, Russia ”, ”, Russian Liberal Democratic Party Filiponenko Mikhail Yuryevich, ” Filiponenko, “ Filiponenko, Stanislav Krasilnikov, LPR, Igor Kornet, Zaporizhzhia, Vladimir Putin’s Organizations: CNN —, Ukraine’s Defense Intelligence, Russia’s, Russian Liberal Democratic Party, Defense Intelligence, Russian, CNN Locations: CNN — Ukraine, Russia, Luhansk, Luhansk People’s Republic, Russian, Kherson, Ukraine, Donetsk, Zaporizhzhia, Moscow, Vladimir Putin’s United Russia

☆ Earnings playbook: How to trade the biggest reports this week, including Disney
▼ + stars: | 2023-11-05 | by ( Fred Imbert | ) www.cnbc.com time to read: +6 min

Horton is set to report earnings before the bell, followed by a conference call at 8:30 a.m. Wednesday Biogen is set to report earnings in the premarket. Disney is set to report earnings after the close, with a conference call scheduled for 4:30 p.m. MGM Resorts is set to report earnings after the closing bell, with a call slated for 5 p.m. What history shows: MGM only exceeds earnings estimates 53% of the time, Bespoke data shows.

Persons: Horton, FactSet's John Butters, Butters, D.R, DHI, BIIB, WBD, Max, Bank of America Jessica Reif Ehrlich, Goldman Sachs, Brett Feldman, Bill Hornbuckle, — CNBC's Michael Bloom Organizations: Disney, MGM Resorts, CNBC, LSEG, Federal Reserve, Investment, Warner Bros, Warner Bros Discovery, Warner, Bank of America, MGM Locations: Macao

☆ Here are 4 big trades for the portfolio this week and 2 difficult rating changes
▼ + stars: | 2023-11-03 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +5 min

Our trades and decisions on stock ratings were driven more by earnings, company-specific developments and portfolio management rather than any broad commentary on the market. The stock soared more than 5% on the news, adding to those gains throughout the rest of the week. Estee Lauder's new "Profit Recovery Plan" provided little comfort because it's not expected to kick in until the company's fiscal years 2025 and 2026. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: week's, Ford, Estee Lauder, Estee, it's, Veralto, Locker, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Dow Jones, Nasdaq, Federal Reserve, U.S . Labor Department, Ford, United Auto Workers, GE HealthCare Technologies, Oracle, DuPont de Nemours, DuPont, CNBC, Traders, New York Stock Exchange, Getty Locations: oversold, China, FL, New York City

☆ Republicans clash for hours on the Senate floor as tempers flare over Sen. Tommy Tuberville's blockade of military promotions
▼ + stars: | 2023-11-02 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +4 min

Republican senators tore into their GOP colleague Sen. Tommy Tuberville on Wednesday night. They'd had enough of Tuberville's months-long blockade of military promotions. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementA handful of Senate Republicans on Wednesday evening tore into fellow Republican Sen. Tommy Tuberville for hours, arguing that his blockade of more than 300 military promotions has damaged the US armed forces and risks serious long-term consequences. Historically speaking, military promotions have sailed through the Senate while lawmakers have used procedural hurdles to slow down political appointees.

Persons: Sen, Tommy Tuberville, They'd, Lindsey Graham, —, Republican Sen, Lindsey Graham of, Tuberville, I've, Biden, Lloyd Austin, Dan Sullivan, Vladimir Putin, Xi Jinping, Joni Ernst of Iowa, Ernst, Chuck Schumer, Schumer, Eric Smith, Smith's Organizations: GOP, Service, Republicans, Republican, Auburn, The Alabama Republican, Alaska Republican, US Marine Reserves, Marine Corps, DOD, Politico Locations: Lindsey Graham of South Carolina, Alaska

CHICAGO (AP) — As the first blast of wintry weather hit Chicago, dozens of migrant families without a place to live were moved off snowy city streets and into the basement of Good Shepherd Lutheran Church in a nearby suburb. The last-minute, temporary solution around 1 a.m. Wednesday, coordinated by volunteers and suburban Oak Park officials, came as Chicago has struggled to house the growing population of asylum-seekers ahead of the deep winter months. City officials have been scouting locations for winterized tents, but City Council members have criticized Johnson's administration for a lack of details. This week, the city publicized its winter efforts, including providing 16 “warming buses” at police stations during overnight hours, and winter coats for new arrivals. Last month, the city touted its partnerships with several outside organizations to provide food, clothing and hygiene items.

Persons: Brandon Johnson, ”, Annie Gomberg, Greg Abbott, They’re, tarps, Gleicy Martinez, ” Martinez, Johnson, Joe Biden, Ronnie Reese, Kathy Nolte, Good Shephard, “, Melissa Perez Winder Organizations: CHICAGO, Good Shepherd Lutheran Church, Republican Texas Gov, Volunteer, Wednesday, Chicago, City, Associated Press Locations: Chicago, Good, Oak, Venezuela, United States, ”, Oak Park

☆ Here's an update on 10 of our companies that reported earnings and how we feel about each stock
▼ + stars: | 2023-10-31 | by ( Jeff Marks | ) www.cnbc.com time to read: +9 min

GOOGL YTD mountain Alphabet YTD Alphabet (GOOGL): The quarter from the Google parent was mixed . On one hand, we were pleased to see revenue growth acceleration and beats at Search and YouTube. For Alphabet to catch up in the AI race, it might be forced to invest more aggressively, creating an imbalance between revenue growth and expense growth. AMZN YTD mountain Amazon YTD Amazon (AMZN): This was a fantastic quarter that checked a lot of boxes for us. While AWS cloud revenue growth may not have accelerated as some optimistic bulls had hoped for, it stabilized.

Persons: Jim Cramer's, Here's, inflect, We're, Mark Zuckerberg's, Danaher, Ford, Decker YTD Stanley Black, Decker, Jim Cramer, Jim, Benoit Tessier Organizations: Jim Cramer's Charitable, CNBC, Sciences, Microsoft, Google, Web Services, LIN, Linde, Honeywell, Aerospace, Technologies, Materials, Productivity Solutions, Ford, UAW, Meta, Inc, Viva Technology, Porte de Locations: China, North America, breakeven, Porte, Paris

☆ Mass shootings in the US: Days after the Maine massacres, US sees a series of weekend shootings that wounded dozens
▼ + stars: | 2023-10-30 | by ( Nouran Salahieh | ) edition.cnn.com time to read: +9 min

The weekend’s gun violence comes as America’s scourge of mass shootings drags on. After the suspect in Maine’s mass shooting was found dead Friday, President Joe Biden reiterated his call to Congress to address gun violence. Investigation into Maine gunmanAuthorities were searching for the Maine mass shooter in Durham Friday. Also now under the microscope is a visit to Card’s home by police weeks before the mass shootings. The Maine National Guard asked local police to check on the gunman after a soldier became concerned he would “snap and commit a mass shooting,” according to information shared with CNN.

Persons: CNN —, “, Jane Castor, Sheriff Tony Mancuso, Joe Biden, ”, Chris O'Meara, Matt Rourke, Robert Card, Michael Sauschuck, Card, Sauschuck, ” Sauschuck, CNN’s Raja Razek, Macie Goldfarb, Andy Rose, Shimon Prokupecz, Mark Morales, Linh Tran, Rachel Clarke, John Miller, Deidre McPhillips Organizations: CNN, Tampa police, WLS, Chicago Police Department, Nashville, Kaiser Family Foundation, Tampa, Child, San Antonio Police Department, San Antonio police, Texarkana Texas Police Department, Authorities, Texarkana, AP Authorities, Maine Recycling Corporation, Lisbon , Maine Public, US Army, Maine National Guard, National Guard Locations: Maine, Lewiston , Maine, Indianapolis, Tampa , Florida, Tampa, Chicago, Lake Charles , Louisiana, Calcasieu Parish, Louisville, California, Texas, Lewiston, –, Ybor City, San Antonio, Texarkana , Texas, Durham, Lisbon , Maine, Sagadahoc County, Kennebec County

☆ Live updates: Lewiston, Maine, mass shooting; Manhunt for suspect Robert Card underway
▼ + stars: | 2023-10-27 | by ( Jessie Yeung | ) edition.cnn.com time to read: +1 min

The horror began around 7 p.m. Wednesday in the city of Lewiston, where authorities say Card opened fire at Just-in-Time Recreation and then later at Schemengees Bar & Grille. In addition to the 18 people killed, 13 others were injured, Maine Gov. The shooting and subsequent manhunt spurred shelter-in-place orders for Androscoggin and northern Sagadahoc counties, which encompass Lewiston and the nearby Auburn and Lisbon communities. “Seeing the cops coming around here, that makes me feel a million times better.”Hundreds of shootings a year: Wednesday night’s massacre appears to be the deadliest mass shooting in the United States this year. Overall, at least 566 mass shootings have happened this year across the country, with four or more shot excluding the shooter, according to the Gun Violence Archive.

Persons: Robert Card, Janet Mills, ”, Cory Organizations: Authorities, Maine Gov Locations: Maine, Lewiston, Androscoggin, Sagadahoc, Auburn, Lisbon, United States, Uvalde , Texas

☆ We had a busy week of trades in an oversold market. Here's the day-by-day breakdown
▼ + stars: | 2023-10-27 | by ( Paulina Likos | ) www.cnbc.com time to read: +6 min

Elevated bond yields and geopolitical uncertainty continued to be negative for stocks this week as the overall market moved into oversold territory. The closely followed S & P 500 Short Range Oscillator first flashed oversold Monday and went deeper and deeper into oversold territory as the week went along. ORCL YTD mountain Oracle YTD However, shares fell on worries that cash flows from AI workloads would be further out in the future. CTRA YTD mountain Coterra Energy YTD We bought 200 more shares of Coterra Energy (CTRA). META YTD mountain Meta Platforms YTD We also on Thursday decided to upgrade Meta Platforms (META) to our buy-equivalent 1 rating as the stock riding a two-day losing streak.

Persons: Jim Cramer, Jim Cramer's, Jim, Squawk, Virginia Sherwood Organizations: Treasury, Oracle, Constellation Brands, Constellation, Coterra Energy, Natural Resources, Exxon Mobil, CNBC Locations: oversold, Danaher

But hours later, after repeated announcements and a search, authorities moved off — and it was still unclear whether Card had ever been at the location, state police said. Richard Goddard, who lives on the road where the search took place, knows the Card family. The evening shootings killed 18 people and wounded 13 others, with three people still hospitalized in critical condition, authorities said. Schools in Lewiston were to remain closed Friday, while those in Portland would decide in the morning whether to open. Ten more will likely be issued once the names of the rest of the dead are confirmed, said Maine State Police Col. William Ross.

Persons: —, Robert Card, Card, Richard Goddard, Goddard, “, haven’t, Stevens, ” Stevens, Janet Mills, Dave Letarte, Letarte, ” Letarte, didn’t, William Ross ., Patrick Poulin, ” Poulin, ”, Ryan Smith, Smith, Diana Florence, Patrick Whittle, Robert Bukaty, Darlene Superville, Lolita Baldor, Michael Casey, Kathy McCormack, Rhonda Shafner, Jeffrey Collins Organizations: FBI, Authorities, Canada Border Services Agency, . Schools, Bates College, Maine Gov, U.S, Associated Press, Police, Central Maine Medical, Coast Guard, University of North, The Associated Press, USA, Northeastern University, ___ Associated Press, Washington , D.C Locations: LEWISTON , Maine, Maine, Bowdoin, —, Lewiston, Portland, U.S, Schemengees, Kennebec, Lisbon, Androscoggin, University of North Carolina, Chapel, United States, Portland , Maine, Lewiston , Maine, Washington ,, Boston, Concord , New Hampshire, New York, Columbia , South Carolina

At least 18 people were killed in shootings at a restaurant and a bowling alley in Lewiston, Maine, on Wednesday night, sparking a massive search for the suspect. — Social media posts spread an incorrect photo of the Maine suspect. Political Cartoons View All 1220 Images— Maine passed a law to try to prevent mass shootings, but some say more is needed. SEARCH FOR SUSPECTED SHOOTER PROMPTS DREAD IN MAINEThe ongoing search for Robert Card, an Army reservist who authorities say fatally shot 18 people at a bowling alley and a bar in Maine, has prompted dread around the state. Bates College in Lewiston also canceled classes Friday and postponed the inauguration of the school’s first Black president, Garry Jenkins, the school's website said.

Persons: —, — Authorities haven't, Robert Card, Jake Langlais, “, Garry Jenkins Organizations: — Authorities, Lewiston Public, ”, Bates College Locations: Lewiston , Maine, Maine, — Maine, United States, MAINE, Bowdoin, Portland, LEWISTON, LEWISTON , Maine, Lewiston, Maine’s

☆ Maine shooting: Communities still grieving after shooting rampage are under stay-at-home orders as manhunt for suspect continues
▼ + stars: | 2023-10-27 | by ( Aya Elamroussi | ) edition.cnn.com time to read: +9 min

Thursday evening, investigators believed they detected something inside or near the home, spurring a flurry of activity, a law enforcement official said. Card is a certified firearms instructor and a member of the US Army Reserve, law enforcement officials in Maine told CNN. Shannon Stapleton/Reuters A member of law enforcement walks with a police dog outside a property in Bowdoin on Thursday. Steven Senne/AP Jess Paquette holds a sign showing her support in Lewiston, Maine, on October 26. Bryan MacFarlane was playing in a cornhole tournament at the restaurant when he was killed Wednesday, his sister Keri Brooks told CNN.

Persons: Robert Card, Janet Mills, ”, Cory, “, –, Shannon Moss, Katherine Schweit, “ He’s, ” Schweit, CNN’s Kaitlan Collins, Shannon Stapleton, Steven Senne, Jess Paquette, Robert F, Scott Eisen, CJ Gunther, Jessica Rinaldi, Dexter Britton, Fatih Aktas, Derek Davis, Nicholas Pfosi, Reuters Maria Wilson, Michael G, Tricia Asselin, DJ Johnson, I’m, ” Johnson, ” Asselin, Johnson, …, Asselin’s, Bobbi Nichols, Tommy Conrad, Conrad, Bryan MacFarlane, Keri Brooks, Brooks, ” Brooks, MacFarlane, Peyton Brewer, Ross, Ralph Brewer, Sloat, ’ ” Brewer, ” CNN’s Shimon Prokupecz, John Miller, Travis Nichols, Amanda Jackson, David Williams, Caroll Alvarado, Eric Levenson, Maria Santana, Joe Sutton, Sara Smart, Brian Todd, Evan Perez, Macie Goldfarb, Maria Sole Campinoti, Andy Rose, Josh Campbell, Chris Boyette Organizations: CNN, Authorities, Maine Gov, Maine State Police, Maine Department of Public Safety, US Army Reserve, National Guard, FBI, Reuters, Law, Schemengees, Lisbon High School, Boston Globe, Reuters Maine Gov, Lewiston City, AP, Getty Images Police, Anadolu Agency, Auburn Middle School, AP Police, Lincoln Street, Central Maine Medical, Portland Press Herald, AP People, Shutterstock Police, WMTW Locations: Maine, Lewiston, Androscoggin, Sagadahoc, Auburn, Lisbon, United States, Uvalde , Texas, Bowdoin , Maine, Bowdoin, Saco , Maine, Lewiston , Maine, Portland , Maine, Lisbon Falls , Maine, Reuters Maine, Lewiston City Hall, Auburn , Maine, Lincoln, Vermont

☆ A time-honored investing strategy is under pressure. But don’t panic
▼ + stars: | 2023-10-26 | by ( Krystal Hur | ) edition.cnn.com time to read: +5 min

New York CNN —An age-old investing strategy is losing its shine, but investors aren’t ready to cast it aside. Common wisdom suggests that when investors are fearful, stock prices tend to fall, and bond prices rise as people seek safer investments. When yields rise, bond prices fall, and Treasuries have been sinking in recent months. Those are characteristics of the perfect storm that sent the 60-40 portfolio nosediving in 2022. The 60-40 portfolio shed roughly 17% last year, its worst performance since 2008, according to data from Vanguard.

Persons: Bonds, Stocks, ”, Amy Arnott, Jerome Powell, Brian Henderson, Henderson, Chris Isidore, Marlon Pando, White Lotus, Alicia Wallace, — Organizations: CNN Business, Bell, New York CNN, Federal Reserve, Vanguard, Morningstar, Treasury, BOK Financial, Auto, United Auto Workers, General Motors, Ford, GM, Wednesday, Disney Locations: New York, New Jersey, United States

CNN —Eighteen people were killed in a mass shooting at two locations in Lewiston, Maine, Wednesday night, Gov. Here’s a timeline of how the shooting and the manhunt have unfolded so far. 8:09 p.m.: State Police order people to remain indoorsMinutes later, Maine State Police said there was “an active shooter in Lewiston,” and asked members of the public to stay inside with their doors locked. Maine State Police said the image showed a car belonging to a person of interest. “Please contact law enforcement if you are aware of his whereabouts.”Police are seen near Schemengees Bar in Lewiston, Maine, on Thursday, the morning after a shooting there.

Persons: Janet Mills, –, Robert Card, William G, Ross, ” Ross, Nichoel Wyman Arel, ”, “, Joseph Prezioso, Sauschuck, ” Sauschuck, Nouran Salahieh Organizations: CNN, Authorities, US Army Reserves, Auburn, Recreation, Lewiston Police Department, Girl Scouts, Androscoggin County Sheriff’s Office, Facebook, Police, Maine State Police, Twitter, Lewiston, Lewiston Police, ” Police, Getty, ”, Bowdoin Maine State Police, Hannaford Locations: Lewiston , Maine, Maine, Lewiston, –, Androscoggin County, ”, Auburn, Androscoggin, Schemengees Bar, AFP, Lisbon , Maine, Lisbon, Bowdoin, “, Portland

☆ US lawmakers question tax prep companies on sharing of taxpayer data with Big Tech platforms
▼ + stars: | 2023-10-26 | by ( Brian Fung | ) edition.cnn.com time to read: +4 min

“Americans should be able to file their taxes without fear that their sensitive data will be shared with Big Tech companies,” said the letters, copies of which were obtained by CNN. The letters — led by Massachusetts Democratic Sen. Elizabeth Warren — focus on the use of tracking technology developed by tech platforms and embedded within the tax prep companies’ websites that quietly transferred users’ personal information to Meta and Google, allegedly without their consent. Of the five tax prep companies, Intuit was not a major focus of the initial congressional probe because it did not use tracking pixels to the same extent as the others, the investigation found. They also asked the same question of each of the four other tax prep companies, as well as requesting a commitment to abide by the FTC’s warning not to use customer data in ways consumers did not expressly approve. The lawmakers requested that the tax prep firms respond by Nov. 8.

Persons: ”, Massachusetts Democratic Sen, Elizabeth Warren —, Warren, Meta, — Sens, Ron Wyden, Richard Blumenthal, Tammy Duckworth, Vermont Independent Bernie Sanders, Sheldon Whitehouse, Katie Porter Organizations: CNN, Federal Trade Commission, Big Tech, Massachusetts Democratic, Meta, Google, FTC, Intuit, Ramsey Solutions, Oregon Democrat, Connecticut Democrat, Vermont Independent, Rhode, Rhode Island Democrat, House Democratic Locations: Oregon, Connecticut, Vermont, Rhode Island, California

Hurricane Otis exploded onto the southwest coast of Mexico early Wednesday, shocking forecasters as it emerged as one of the more powerful Category 5 storms to batter the region and create what one expert called a “nightmare scenario” for a popular tourist coastline. Few meteorologists initially thought the tropical storm would make landfall as a catastrophic hurricane. Most models failed to predict that the storm would intensify over the Pacific Ocean, leading forecasters to believe it would be at most a weak hurricane. But it strengthened with remarkable speed, and by Tuesday evening forecasters and Mexican officials were rushing to warn residents of its potential for destruction. The storm slammed ashore with sustained winds of 165 miles per hour; just a day earlier, Otis brought winds of 65 miles per hour.

Persons: Otis Organizations: Otis Locations: Mexico, Guerrero, Oaxaca

☆ Auto strike is now the longest in 25 years
▼ + stars: | 2023-10-25 | by ( Chris Isidore | ) edition.cnn.com time to read: +4 min

New York CNN —As of Wednesday, the unprecedented strike by the United Auto Workers union against General Motors, Ford and Stellantis is now also the longest American auto strike in 25 years. The last time the union struck one of the automakers, with its 2019 strike at GM, the strike lasted 40 days. Wednesday is the 41st day of the strike that started on September 15. This strike is also the first time the union has walked out at all three automakers at the same time. All the companies are on record saying they want to reach a deal to end the strike, as has the union.

Persons: GlobalData Organizations: New, New York CNN, United Auto Workers, General Motors, Ford, GM, Kentucky, Plant, UAW Locations: New York, Sterling Heights , Michigan, Arlington , Texas, Louisville, Stellantis

☆ Morgan Stanley Names Ted Pick, a Bank Veteran, Its Next C.E.O.
▼ + stars: | 2023-10-25 | by ( Rob Copeland | More About Rob Copeland | ) www.nytimes.com time to read: +2 min

Pick, 54, joined Morgan Stanley in 1990 and rose through the ranks in its investment banking and trading businesses, most recently serving as a co-president overseeing those units. In an interview, he said he hadn’t found out that he would be named chief executive until around 4:30 p.m. Wednesday, when the bank’s board of directors called him into a meeting and welcomed him with a standing ovation. He stands to inherit a very different bank from the one Mr. Gorman took over after the 2008 financial crisis. The power struggle was captured in “Blue Blood and Mutiny: The Fight for the Soul of Morgan Stanley,” by the journalist Patricia Beard. With a strong technology banking practice, Morgan Stanley played a central role last year in Mr. Musk’s takeover of Twitter, now known as X.

Persons: Pick, Morgan Stanley, hadn’t, Gorman, Morgan Stanley’s, John J, Mack, Philip J, Purcell, ”, Patricia Beard, Smith Barney, Morgan Organizations: Credit Suisse, Elon, Twitter

NEW ORLEANS (AP) — A 1992 federal court agreement that led to a Black justice being elected to Louisiana’s once all-white Supreme Court will remain in effect under a ruling Wednesday from a divided federal appeals court panel. Circuit Court of Appeals upholds a lower court ruling. It's a defeat for state Attorney General Jeff Landry, now Louisiana's governor-elect. Wednesdays ruling from 5th Circuit judges Jacques Wiener, nominated to the court by President George H.W. Bush, and Carl Stewart, nominated by President Bill Clinton, rejected Landry's move to overturn Morgan's decision.

Persons: Louisiana’s, Jeff Landry, Landry, Elizabeth Murrill, Susie Morgan, Jacques Wiener, George H.W, George H.W . Bush, Carl Stewart, Bill Clinton, Landry's, Kurt Engelhardt, Donald Trump Organizations: ORLEANS, U.S, Circuit, Republican, U.S . Justice Department Locations: George H.W .

☆ Earnings playbook: How to trade a busy week of reports from companies including Microsoft and Meta
▼ + stars: | 2023-10-22 | by ( Fred Imbert | ) www.cnbc.com time to read: +12 min

Tuesday General Motors is set to report earnings before the bell, followed by a call at 8:30 a.m. Coca-Cola is set to report earnings in the premarket, with a call slated for 8:30 .am. Wednesday Boeing is set to report earnings in the premarket, with leadership scheduled to hold a call at 10:30 a.m. Ford Motor is set to report earnings after the bell, followed by a conference call at 5 p.m. This quarter: The e-commerce giant is expected to report earnings per share growth of more than 100%, according to LSEG.

Persons: Michael Wayland, they'll, Andrea Teixeira, MSFT, Jordan Novet, GOOGL, Justin Post, MRK, Goldman Sachs, Chris Shibutani, Keytruda, Ford, AMZN, Doug Anmuth, — CNBC's Michael Bloom Organizations: Big Tech, Microsoft, Meta, Wall, CNBC, GM, LSEG, United Auto Workers, Investment Group, Coca, U.S, Activision, Wednesday Boeing, Boeing, Management, Bank of America, IBM, Merck, Ford, UAW, Detroit, JPMorgan Locations: Missouri, EVs, China, Apptio

The House is tentatively set to convene sometime Thursday afternoon for Jordan to try again. The impasse has left some Republican lawmakers settling in for a protracted stretch without a House speaker. Political Cartoons View All 1211 ImagesWhat was clear was that Jordan's path to become House speaker was almost certainly lost. “The way out is that Jim Jordan has got to pull his name," said Rep. Don Bacon, R-Neb., who voted twice against him. With Republicans in majority control of the House, 221-212, Jordan must pick up most of his GOP foes to win.

Persons: —, Jim Jordan, Donald Trump, Jordan, “, ”, Kevin Hern, Patrick McHenry, ” Jordan, Kevin McCarthy, Don Bacon, “ He’s, McCarthy, Hakeem Jeffries, Steve Scalise, Newt Gingrich, John Boehner, ” Jeffries, McHenry, ” McHenry, Joe Biden, Mariannette Miller, Meeks, Biden, Scalise, Boehner, Trump, Kevin Freking, Mary Clare Jalonick Organizations: WASHINGTON, Republican, GOP, Republicans, Capitol, Democratic, Trump, Biden, Ohio State University, Ohio State, Associated Press Locations: R, Ohio, Israel, Jordan, New York, McHenry, Iowa, Ukraine

KHAN YOUNIS, Gaza Strip (AP) — Israeli airstrikes pounded locations across the Gaza Strip early Thursday, including parts of the south that Israel had declared safe zones, heightening fears among more than 2 million Palestinians trapped in the territory that nowhere was safe. Hamas officials in Gaza blamed an Israeli airstrike, saying hundreds were killed. Airstrikes also hit three residential towers in al-Zahra, within the area that was told to evacuate, the Interior Ministry in Gaza said. Egypt must still repair the road across the border, which was cratered by Israeli airstrikes. He also announced $100 million in humanitarian aid for Palestinians in Gaza and the West Bank.

Persons: KHAN YOUNIS, Israel, Joe Biden, Khan Younis, Musa, Hiam Musa, Adel Hana, ” Hana, “, Biden, ”, Khalid Zayed, Sameh Shoukry, Al, Benjamin Netanyahu’s, Israel “, ___ Nessman, Amy Teibel, Isabel Debre, Samy Magdy, Jack Jeffrey, Ashraf Sweilam Organizations: Israel, Islamic, Associated Press, Interior Ministry, Medical, Nasser Hospital, Homes, Gaza Health Ministry, West Bank, Palestinian Health Ministry, White, Crescent, Supplies, Biden, Gaza Locations: Gaza, Israel, Egypt, al, Ahli, Gaza City, U.N, Rafah, Egypt’s, Zahra, Deir, Lebanon, North Sinai, Jerusalem, Kullab, Baghdad, Cairo, el, Arish

☆ Take Five: War and peace of mind
▼ + stars: | 2023-10-13 | by ( ) www.reuters.com time to read: +5 min

[1/2] Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 28, 2023. U.S. retail sales increased more than expected in August as a surge in gasoline prices boosted receipts at service stations. Bar chart with data from LSEG I/B/E/S show the projected year-over-year growth in Q3 2023 earnings of S&P 500 industries. There have been reports the government is looking to increase its budget deficit to meet this year's 5% growth target. That said, inflation is still over three times the BoE's 2% target and growth isn't exactly stellar.

Persons: Brendan McDermid, Kevin Buckland, Lewis Krauskopf, Naomi Rovnick, Karin Strohecker, Amanda Cooper, Goldman Sachs, Johnson, Philip Morris, It's, Banks, Amundi, BoE, it's, Sumanta Sen, Prinz Magtulis, Vineet, Pasit, Jayaram, Mark Potter Organizations: New York Stock Exchange, REUTERS, Hamas, Bank of America, Johnson, Netflix, Philip Morris International, Investors, HK, Law, Justice, Reuters, The Bank of England, Thomson Locations: New York City, U.S, Israel, Palestinian, China, Britain, Tokyo, New York, London, LSEG, Beijing, Europe's, Brussels, Europe

How GLP-1 drugs work Sorting through the facts reveals some likely winners and losers. LLY YTD mountain Eli Lilly shares year to date performance It is still early days for GLP-1 medications. Many have seen the rise of GLP-1 drugs as a threat to the medical device industry. Also, not all patients are able to tolerate GLP-1 drugs, which can cause side effects such as nausea. Among other medtech stocks, Plovanic sees GLP-1 drugs as an "incremental positive" for Dexcom, which makes continuous glucose monitors (CGMs), but an "incremental negative" for insulin pump makers like Insulet.

Persons: Insulet, Medtronic, Dexcom, BAX, NASH, Eli Lilly, Peter Verdult, Lilly, Eli Lilly aren't, Piper Sandler, Wegovy, Yasmeen Rahimi, Robbie Marcus, Marcus, hasn't, Baxter, David Low doesn't, William Plovanic, Craig Wong, Pan, Plovanic, Matt O'Brien, O'Brien, Rippling, Simeon Gutman, Morgan Stanley, Gutman, — CNBC's Michael Bloom Organizations: Novo Nordisk, Baxter International, Baxter, GLP, Citi, Novo, Bank of America, Viking Therapeutics, Pharmaceuticals, Pfizer, Amgen, Companies, Fisher, Reuters, Inspire, Systems, JPMorgan, RBC Capital, Walmart, underperformance Locations: GLP, U.S, DaVita, ResMed

The UAW said that 8,700 union members at Ford's Kentucky Truck Plant went on strike after the union said the No. For the past four weeks, UAW President Shawn Fain ordered new walkouts on Fridays in video addresses. Wednesday's move came as Ford and UAW bargainers were working to resolve differences on retirement security and union representation of Ford's future battery plants, a Ford official said. The Ford official said Shawn Fain and other UAW officials called a meeting with Ford at 5:30 pm ET on Wednesday and demanded a new offer. Before Wednesday's Ford announcement the union had ordered walkouts at five assembly plants, including two Ford plants, at the three companies and 38 parts depots operated by GM and Stellantis.

Persons: Stellantis, Shawn Fain, Wednesday's, Fain, Ford, leadership's, Harley Shaiken, Shaiken, Wednesday's Ford, walkouts, David Shepardson, Chris Reese Organizations: United Auto Workers, Detroit Three automakers, UAW, Ford, General Motors, Chrysler, UAW bargainers, Kentucky, Detroit, University of California, GM, Stellantis, Thomson Locations: U.S, Berkeley, Washington, Bengaluru

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