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☆ The Browns lost their quarterback. Then they beat the hottest team in football.
▼ + stars: | 2024-10-27 | by ( Rohan Nadkarni | Rohan Nadkarni Is A Sports Reporter For Nbc News. | ) www.nbcnews.com time to read: +2 min

The Cleveland Browns pulled off a massive upset Sunday, defeating the Baltimore Ravens 29-24 behind a stellar performance from quarterback Jameis Winston. The Browns entered Week 8 with a 1-6 record, with quarterback Deshaun Watson last in the league in quarterback rating. And he responded by outdueling Ravens quarterback and MVP candidate Lamar Jackson, who had led his team to five straight wins before Sunday. Since he joined Cleveland in 2022, Watson has never thrown for over 300 yards and three touchdowns in the same game. The Browns improved to 2-6 with the victory, their first since they beat the Jacksonville Jaguars 18-13 in Week 2.

Persons: Jameis Winston, Deshaun Watson, Watson, Winston, Lamar Jackson, Amari Cooper, Cooper, Winston lofted, Cedric Tillman, Winston’s, Jackson Organizations: Cleveland Browns, Baltimore Ravens, Browns, Cincinnati Bengals, outdueling Ravens, Sunday, Cleveland, Buffalo Bills, Baltimore, Ravens, Las Vegas Raiders, Jacksonville Jaguars

A Cincinnati Zoo & Botanical Garden worker's thumb was partially amputated after a bonobo attacked during morning feeding Friday, the zoo said. The bonobo bit through a protective mesh barrier as the primate care worker was giving food and medicine to the animals during morning rounds, the zoo said. The zoo emphasized that it happened "behind the scenes" at its Jungle Trails habitat, which it said last year is home to 10 bonobos. The Jungle Trails habitat was closed for the day but was scheduled to reopen Saturday, a zoo spokesperson said. The primates share 98.7 of their DNA with humans, making them our closest relative in the animal kingdom, according to the World Wildlife Fund.

Persons: Gilda Organizations: Cincinnati Zoo, International Union for Conservation of, Resources, Democratic, Conservation Initiative, World Wildlife Fund Locations: Democratic Republic of the Congo

☆ In a World Series built on stars, Shohei Ohtani’s absence would be diminishing
▼ + stars: | 2024-10-27 | by ( Ken Rosenthal | ) www.nytimes.com time to read: +7 min

Yamamoto, making his World Series debut Saturday night, allowed only one hit in 6 1/3 innings, a homer by Soto. If Ohtani misses time during the Series, the Dodgers can adjust by moving Betts to the leadoff spot and making Freeman their DH. After striking out 10 times in 22 plate appearances in the Division Series, Ohtani broke out in the National League Championship Series, batting .364 with a 1.185 OPS. AdvertisementThe Dodgers being the Dodgers, they would use any absence by Ohtani as a rallying point. (Top photo of Shohei Ohtani exiting the field in Game 2: Robert Gauthier/Los Angeles Times via Getty Images)

Persons: It’s, Ohtani, Dave Roberts, Roberts, Aaron Judge, Mookie Betts, Juan Soto, Freddie Freeman, Giancarlo Stanton, Yoshinobu Yamamoto, Gerrit Cole, Yamamoto, Soto, Fernando Tatis Jr, Tatis, Betts, Freeman, Max Muncy, Hernández, Gavin Lux, Tommy Edman, Miguel Rojas, Andy Pages, Edman, Rojas, Tommy Kahnle, –, Max, Let’s, Robert Gauthier Organizations: ANGELES, Los Angeles Dodgers, Yankee, Dodger, Dodgers, Famer, FOX Sports, San Diego Padres, Johns Hopkins Medicine, National League, Games, Yankees, New York Mets, The Dodgers, Los Angeles Times, Getty Locations: New York

☆ McDonald's Quarter Pounder burgers to return to restaurants affected by E. coli outbreak
▼ + stars: | 2024-10-27 | by ( Amelia Lucas | ) www.cnbc.com time to read: +3 min

A double quarter pounder with cheese and fries arranged at a McDonald's restaurant in El Sobrante, California, US, on Wednesday, Oct. 23, 2024. McDonald's Quarter Pounder burgers will return to roughly 900 restaurants this week after the fast-food giant pulled the menu item linked to a deadly E. coli outbreak . Instead, health authorities have honed in on slivered onions used in the Quarter Pounders as the likely suspect for the outbreak. Over a two-week period, McDonald's typically sells roughly one million Quarter Pounders in the affected region, according to company spokespeople. Shares of the company have fallen 7% since the CDC linked the E. coli outbreak to its restaurants.

Persons: Pina, Cesar Pina, Taylor, McDonald's, Joe Erlinger Organizations: The Colorado Department of, McDonald's, Drug Administration, Disease Control, Prevention Locations: El Sobrante , California, U.S, Colorado , Kansas, Wyoming, Idaho , Iowa , Missouri, Montana , Nebraska , Nevada , New Mexico , Oklahoma, Utah, Colorado

☆ ‘You lost this vote’: Arab Americans in Dearborn struggle in an election where they don’t feel heard
▼ + stars: | 2024-10-26 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Mirna-Alsharif-Byline-Jm.Jpg | Mirna Alsharif | ) www.nbcnews.com time to read: +5 min

Farhat said the Democratic Party “has missed several key opportunities” to reassure Arab American voters concerned about Gaza. Interior Department under the Biden administration, at ArabCon in Dearborn, Mich., on Sept. 13. Palestinian American organizer Linda Sarsour at ArabCon in Dearborn, Mich., on Sept. 13. The Iraq War, now widely criticized, left 200,000 civilians dead, haunting the many refugees who sought safety in Dearborn. Imam Sayed Saleh Qazwini of MECCA at ArabCon in Dearborn, Mich., on Sept. 13.

Persons: Farhat, Democratic Party “, Hersh Goldberg, ” Farhat, “, ” Maryam Hassanein, Maryam Hassanein, Biden, Mustafa Hussain, isn’t, ” Hassanein, Linda Sarsour, ” Sarsour, it’s, Yemeni American Mona Mawari, ”, Mawari, ” Sayed Saleh Qazwini, Imam Sayed Saleh Qazwini, ” Qazwini, Zahraa Bahsoon, Harris, Trump, ” Bahsoon Organizations: Democratic Party, Arab, Democratic National Convention, Biden administration’s Department of, Democratic, U.S . Interior Department, NBC, NBC News, Muslim Educational Community Center of America, NBC News “ Locations: Gaza, Israel, American, Israeli American, U.S, ArabCon, Dearborn, Mich, Brooklyn , New York, Palestinian American, Saudi, Yemen, Iraq, Dearborn . Syria, Libya, Yemeni American, MECCA, Canton, Iraqi American

Twenty-eight years after Lyle and Erik Menendez were sentenced to life in prison for killing their parents, the brothers may be getting a second chance at freedom. Netflix also released a documentary titled “The Menendez Brothers” earlier this month. Some legal experts say the Hollywood projects, as well as a public shift in attitude toward victims of sexual abuse, helped bring renewed attention to the Menendez brothers, paving the way for their potential release from prison. “And people then took a look.”Lyle and Erik Menendez fatally shot their parents with shotguns in their Beverly Hills mansion in 1989. “They are kind, intelligent, and honest men.”Lyle Menendez is now 56, and Erik Menendez is 53.

Persons: Lyle, Erik Menendez, Ryan Murphy, Menendez, ”, Kim Kardashian, “, ” Mark Geragos, ” Lyle, Erik, Javier Bardem, Chloë Sevigny, Cooper Koch, Nicholas Alexander Chavez, Nicholas Chavez, Gregg DeGuire, George Gascón, “ Menendez, José Menendez, Erik’s, Manny Medrano, ” Murphy, ‘, ’ I’m, Gascón, Lyle Menendez, ” Gascón, Anthony Solis, “ They’ve, Kardashian, ” Kardashian, ” Lyle Menendez, Gascón “, ’, Ryan Murphy’s Organizations: Netflix, Hollywood, NBC News, RCA Locations: Beverly, Los Angeles, Los Angeles County, California, San Diego

☆ The biggest pressing market questions with two months to go in rewarding year
▼ + stars: | 2024-10-26 | by ( Michael Santoli | ) www.cnbc.com time to read: +10 min

And how should investors be thinking about future equity returns as the bull market enters its third year riding stellar multi-year performance and facing demanding valuations? So, expansionary policies that would quicken the economy's metabolism and produce more inflation was exactly what the market craved then – but now? Right now, the S & P 500 is up 42% from 18 months ago and fetches 22-times expected earnings. No reliable augurs of a coming bear market are in evidence: S & P up 10 of 11 months, making a new high in September, credit spreads resolutely narrow, all point to an upside bias over a span of months, at least. .SPX YTD mountain S & P 500, YTD Which leaves the question of just how much upside, if any, a bull should reasonably expect from here.

Persons: Warren Pies, Pat Tschosik, Ned Davis, Donald Trump, payrolls, Harris, Goldman Sachs, Goldman Organizations: Federal Reserve, Treasury, Fed, 3Fourteen Research, Trump, Ned, Ned Davis Research, Dow, Leuthold, quicken, Wall Locations: U.S, China, Wells

As Elon Musk continues to aggressively share conspiracy theories and misinformation about elections on X, election officials are fighting back. In three instances in the last month, Musk's posts highlighting election misinformation have been viewed over 200 times more than fact-checking posts correcting those claims that have been published on X by government officials or accounts. False claims he has posted this month routinely receive tens of millions of views, by X’s metrics, while rebuttals from election officials usually receive only tens or hundreds of thousands. “He is at least implicitly telling people: don’t trust the people that are running elections, trust me, trust x.com, trust Donald Trump. “You’re constantly building up a kind of armor against rationality, against fact-finding, and against the idea that election officials and responsible media can even be credible,” he said.

Persons: Elon Musk, they’re, Barb Bynum, ” Bynum, Donald Trump’s, Biden, Musk, Bynum, Musk’s, —, Jocelyn Benson, Benson, Bonnie Cash, Kate Conger, Ryan Mac, Seth Bluestein, Bluestein’s, ” Bluestein, Donald Trump, Hitler, ”, Kamala Harris, Eddie Perez, ” Perez, “ You’re Organizations: Corrections, NBC News, Michigan, Bynum ., Twitter, New York Times, Republican, Trump —, Atlantic, Henrico, OSET Institute Locations: Musk’s, Michigan, U.S, Bynum . Michigan, Washington ,, Philadelphia, Republican Philadelphia, Pennsylvania, Henrico County , Virginia, Virginia

She had gone to lunch five days earlier with her fiancé at their local McDonald’s in North Platte, Nebraska. A McDonald’s spokesperson said Wednesday that slivered onions served on the Quarter Pounders were likely to have been responsible for the outbreak. On Thursday, the company said one of its suppliers, Taylor Farms, had provided slivered onions to locations associated with the outbreak. “When you go to a restaurant, you are trusting that the restaurant did everything they could do to make you safe, but in this case, McDonald’s breached that trust,” Simon said. McDonald’s has paused the distribution of slivered onions in the affected areas and temporarily removed the Quarter Pounder from affected restaurants.

Persons: Clarissa DeBock, “, ”, DeBock, ” DeBock, McDonald’s, Taylor, Ron Simon, Simon, he’s, ” Simon, Joe Erlinger, NBC’s, ” Darin Detwiler, ” Detwiler, Kai, didn’t Organizations: for Disease Control, Prevention, NBC, Associates, McDonald’s, Northeastern University Locations: North Platte , Nebraska, Colorado, McDonald’s USA

Jim Cramer scoffed at the call — warning Friday that investors who follow these sell recommendations will likely "miss the next giant move" in Apple stock. That's why Jim has found success sticking to his "own it, don't trade it" Apple mantra. Starting with Atlantic Equities in January 2020 through KeyBanc's downgrade late Thursday, the long-term trajectory of Apple shares has been higher. Apple shares eventually hit a 52-week low of $164 in mid-April. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Jim Cramer scoffed, Jim, Jim doesn't, It's, Jim Cramer's, Jim Cramer, Steve Jobs, Manuel Orbegozo Organizations: Apple, Barclays, Trust, CNBC, Steve Locations: Cupertino , California

One of the patients in the McDonald's outbreak suffered from that condition, known as hemolytic uremic syndrome. Hedberg is also a member of the McDonald's Food Safety Advisory Council, but said he has not worked with the company on its response to the outbreak. The size of the outbreak "would imply widespread undercooking by many different individual McDonald's restaurants" if beef was the culprit, according to Hedberg. For example, rival Wendy's dealt with its own link to an E. coli outbreak two years ago. However, that transparency means more media coverage, which reminds consumers about the crisis and risks scaring them away from McDonald's restaurants.

Persons: Michael M, Taylor, it's, spokespeople, McDonald's, Thomas Jaenisch, There's, Xiang Yang, Yang, Craig Hedberg, Hedberg, Jaenisch, Wendy's, Eric Gonzalez, Jack, Chipotle, Gonzalez, Joe Erlinger, Erlinger, Jo, Ellen Pozner, Darin Detwiler, Detwiler, Bill Marler, Marler, Clarissa DeBock, Eric Stelly Organizations: Santiago, Getty, for Disease Control, Taylor, Foods, . Foods, McDonald's, CDC, Colorado School of Public Health, University of California, Food Safety Center of Excellence, Food Safety Advisory, Food and Drug Administration, U.S . Department of Agriculture's, Inspection Service, CNBC, Media, USA, Santa Clara University Leavey School of Business, Northeastern University Locations: Flatbush, Brooklyn, New York City, California, Davis, Colorado, U.S, Minnesota, McDonald's U.S, Nebraska, Greeley , Colorado

In a complaint Sept. 18, the U.S. claimed civil damages totaling $103,078,056 under the Rivers and Harbors Act, the Oil Pollution Act and general maritime law, according to the release. There are still dozens of outstanding civil claims, including one from the state of Maryland, seeking damages from the owners of the Dali. According to the Justice Department, Thursday's settlement does not include damages to rebuild the bridge because Maryland built, owned, maintained and operated it. The Dali smashed into the Key Bridge early March 26 after it left the Port of Baltimore en route to Sri Lanka. The ship lost power, regained power, then lost power again before it hit the bridge, causing it to collapse into the Fort McHenry Channel.

Persons: Francis Scott Key, DALI, Brian M, Boynton, Dali Organizations: U.S . Justice Department, Ocean Private Ltd, Synergy Marine Private Ltd, U.S, Justice Department, U.S . Treasury, Harbors, Justice Department's Civil, Port, Fort McHenry Channel Locations: Maryland, Dali, Singapore, U.S, Rivers, States, Baltimore, Sri Lanka, Port of Baltimore, DALI

☆ Tesla shares jump on profit beat, Elon Musk's prediction of at least 20% 'vehicle growth' next year
▼ + stars: | 2024-10-24 | by ( Lora Kolodny | ) www.nbcnews.com time to read: +6 min

Automotive revenue increased 2% to $20 billion from $19.63 billion in the same period a year earlier and is about flat since late 2022. Energy generation and storage revenue soared 52% to $2.38 billion, while services and other revenue, which includes revenue from non-warranty repairs of Tesla vehicles, jumped 29% to $2.79 billion. Earlier this month, Tesla reported third-quarter vehicle deliveries of 462,890. While deliveries increased 6% from a year earlier, they fell shy of analysts’ expectations and followed two straight quarters of year-over-year declines. “Despite ongoing macroeconomic conditions, we expect to achieve slight growth in vehicle deliveries in 2024,” the company said in its earnings deck Wednesday.

Persons: Tesla, Elon Musk, FactSet, Musk, ” Tesla, “, Kelley, Vaibhav Taneja, Li Auto, Donald Trump, Trump, doesn’t Organizations: Revenue, Energy, that’s, California Public Utilities, Li, Ford, General Motors, Trump, Nasdaq Locations: Texas, California, Bay, U.S, China, Harrisburg , Pennsylvania

➡️ In a CNN town hall, Harris called Trump a “fascist” and said he suggested he is unfit for office. Earlier in the day, she blasted Trump’s reported praise of Hitler. ➡️ The Harris campaign says it’s preparing for a deluge of litigation before and after Election Day. ➡️ Seven maps show how Trump, Harris and their running mates are dividing their time in critical swing states. ➡️ Trump’s reported racist insult about a slain Mexican American soldier has drawn backlash and staunch denials.

Persons: Donald Trump isn’t, McDonald’s, Trump, Harris, Donald Trump, Kamala Harris, they’ve, ”, Tim Walz, ➡️ Harris, Trump’s, Hitler, ➡️, Hillary Clinton, Elon Musk’s, ➡️ Trump’s, ➡️ Trump, Boeing machinists, machinists, Helene, Peter O’Leary, O’Leary, Robert Card, George Frey, Gaza Mahmoud Issa, Chantal Da Silva, Elizabeth Robinson Organizations: Boeing, NBC, Israel, CNN, Steelers, Trump, State, DOJ, GOP, CDC, NBC News, FEMA, Semaglutide, PBS, Anadolu, Getty, United Nations, NBC News ’, Atlas Coffee Locations: Traverse City , Michigan, Detroit, New York, Pittsburgh, Mexican, Colorado, Here’s, U.S, North Carolina, Chimney Rock , North Carolina, Pennsylvania, Lewiston , Maine, Wyoming, Jackson , Wyoming, Georgia, Gaza

☆ Boeing machinists reject new labor contract, extending strike
▼ + stars: | 2024-10-24 | by ( Leslie Josephs | ) www.nbcnews.com time to read: +3 min

Boeing machinists voted against a new labor deal that included 35% wage increases over four years, their union said Wednesday, extending a more than five-week strike that has halted most of the company’s aircraft production, which is centered in the Seattle area. The strike is costing the company about $1 billion a month, according to S&P Global Ratings. The International Association of Machinists and Aerospace Workers union had originally sought wage increases of 40%. The strike began as Boeing was working to ramp up production of the 737 and other aircraft. Spirit AeroSystems last week said it would temporarily furlough about 700 workers and that layoffs or other furloughs are possible if Boeing machinists’ strike continues.

Persons: Boeing machinists, Kelly Ortberg, machinists, ” Ortberg, CNBC’s “, Ortberg’s, “, ”, Jon Holden, AeroSystems Organizations: Boeing, Puget, International Association of Machinists, Aerospace Workers, Workers, IAM Locations: Seattle, Oregon, Pacific Northwest, South Carolina

☆ Spirit AeroSystems weighs hundreds more furloughs or layoffs if Boeing strike goes beyond Nov. 25
▼ + stars: | 2024-10-24 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

Boeing 737 fuselages on railcars at Spirit AeroSystems' factory in Wichita, Kansas, US, on Monday, July 1, 2024. Spirit AeroSystems is weighing furloughs or layoffs of hundreds more employees if the Boeing machinists' strike stretches beyond Nov. 25, a company spokesman told CNBC Thursday. Further reductions would be in addition to those furloughs, but no decision has been made, said Spirit spokesman Joe Buccino. Spirit's consideration of additional furloughs demonstrates how the lengthy strike is weighing on an already-fragile aerospace supply chain. More than 32,000 Boeing machinists in the Puget Sound area, Oregon and other locations walked off the job on Sept. 13 after turning down an earlier tentative agreement.

Persons: Boeing's machinists, Max, Joe Buccino Organizations: Boeing, CNBC, Airbus, Boeing machinists, Puget Locations: Wichita , Kansas, Seattle, Oregon

☆ Industrial AI play Dover falls on a noisy quarter. Here's why we'd buy the dip
▼ + stars: | 2024-10-24 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +8 min

Dover on Thursday reported weaker-than-expected third-quarter results, pressuring shares of the industrial conglomerate with ties to AI data centers. Dover Why we own it : We own Dover as an industrial turnaround story with exposure to mega-themes, most notably the data center buildout to support artificial intelligence computing. That created headlines that implied Dover cut its full-year guidance, but in reality executives warned in advance that sales growth and earnings projections would be altered. To be sure, we are restricted from trading Dover's stock for the next 72 hours because Jim Cramer on Thursday mentioned the company on CNBC TV. Dover considers those areas its "growth platforms," and their increasing share of the portfolio carries positive implications for Dover's margins.

Persons: We're, Ingersoll Rand, Dover, Richard Tobin, Tobin, Jim Cramer, DOV, Dover's, —, Danaher, Jim Cramer's, Jim, Jason Marz Organizations: IDEX Corp, Management, CNBC, Dover, Mizuho Securities, Club Locations: Dover, Veralto, Europe

☆ What to do with Honeywell stock after its sharp post-earnings pullback
▼ + stars: | 2024-10-24 | by ( Jim Cramer | ) www.cnbc.com time to read: +7 min

Dow stock Honeywell was one of the biggest drags on the 30-stock average Thursday after Club industrial giant reported mixed third-quarter results compounded by a mixed outlook. HON YTD mountain Honeywell YTD Honeywell shares sinking 4.5% after the release was understandable but represents an opportunity. Honeywell Why we own it: Honeywell is a provider of industrial technology solutions to companies in various industries. Sales were revised lower because the short cycle recovery in the company's industrial automation segment is not materializing as quickly as management was expecting. Honeywell International Inc. signage is displayed on a monitor on the floor of the New York Stock Exchange (NYSE) in New York.

Persons: we're, Vimal Kapur, Kapur, Kupar, Jim Cramer's, Jim Cramer, Jim, Michael Nagle Organizations: Dow, Honeywell, Emerson, CAES Systems, Air Products, Aerospace Technologies, CNBC, Honeywell International Inc, New York Stock Exchange, Bloomberg, Getty Locations: New York

☆ American Airlines lifts 2024 profit forecast after sales strategy shift, posts third-quarter loss
▼ + stars: | 2024-10-24 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

American Airlines posted a third-quarter loss but raised its profit forecast for the year as CEO Robert Isom said the company's sales strategy shift earlier this year is paying off. The carrier said it expects to earn between 25 cents and 50 cents a share on an adjusted basis for the fourth quarter, above the 29 cents analysts polled by LSEG expected. For the full year, the airline expects to earn as much as an adjusted $1.60 a share, ahead of an earlier American forecast for no more than $1.30 a share. American in May fired its chief commercial officer after a sales strategy that aimed to drive direct bookings backfired and quickly reverted much of its sales model. For the fourth quarter, American said its unit revenue will likely drop between 1% to 3% compared with last year, with capacity up as much as 3% year over year.

Persons: Robert Isom, LSEG, Isom Organizations: American Airlines, Unit Locations: American

☆ Britain announces major change to fiscal rules to free up billions in spending
▼ + stars: | 2024-10-24 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +2 min

U.K. Finance Minister Rachel Reeves on Thursday confirmed she intends to change the country's fiscal rules in the October budget, a move designed to free up billions of pounds for investment. Writing in The Financial Times on Thursday, Reeves said her "investment rule" will "get debt falling as a proportion of our economy." A Treasury spokesperson declined to comment when asked whether the fiscal rule change would target PSNFL in the U.K.'s measure of debt. The Institute for Fiscal Studies, an influential think tank, said on Sept. 30 that a change in the fiscal rules to target PSNFL would offer as much as £50 billion ($64.8 billion) of additional headroom for the government. Reeves confirmed the change to Britain's fiscal rules during a trip to the International Monetary Fund's annual meetings in Washington.

Persons: Rachel Reeves, Labour government's, Reeves, Keir Starmer Organizations: Britain's, Finance, Labour, Financial, Treasury, Fiscal Studies, International Monetary Locations: Washington

☆ Here are Thursday's biggest analyst calls of the day: Tesla, Apple, Meta, IBM, Microsoft & more
▼ + stars: | 2024-10-24 | by ( Michael Bloom | ) www.cnbc.com time to read: +4 min

Here are Thursday's biggest calls on Wall Street: KeyBanc downgrades Verizon to sector weight from overweight KeyBanc downgraded the telecom provider following earnings. Jefferies initiates California Resources at buy Jefferies says the energy company has a differentiated offering. " TD Cowen reiterates Microsoft as buy The firm recommended Microsoft heading into earnings next week. Bank of America reiterates Amazon as buy Bank of America touted Amazon ahead of earnings next week. Morgan Stanley reiterates Tesla as overweight The firm says it's sticking with top pick Tesla following earnings on Wednesday.

Persons: KeyBanc, Jefferies, Bernstein, ServiceNow, TD Cowen, Wells, Susquehanna, Lisa Su, SRE, Morgan Stanley, Tesla, Rosenblatt, Apple Organizations: Verizon, " Bank of America, IBM, Bank of America, CRC, Facebook, Google, Microsoft, Deutsche Bank, Deutsche, JPMorgan, NextEra Energy Partners, NextEra Energy, AMD, Sempra Energy Locations: California, Regions

☆ Boeing machinists reject new labor contract, extending more than 5-week strike
▼ + stars: | 2024-10-24 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

People hold signs during a strike rally for the International Association of Machinists and Aerospace Workers (IAM) at the Seattle Union Hall in Seattle, Washington, on October 15, 2024. The strike is costing the company about $1 billion a month, according to S&P Global Ratings. Earlier this month, he announced Boeing will cut 10% of its global workforce of 170,000 people. The International Association of Machinists and Aerospace Workers union had originally sought wage increases of 40%. It is the machinists' first strike since 2008.

Persons: Boeing machinists, Kelly Ortberg, machinists, Ortberg, CNBC's, Ortberg's Organizations: International Association of Machinists, Aerospace Workers, Seattle Union Hall, Boeing, Puget Locations: Seattle , Washington, Seattle, Oregon

☆ Gold ticks higher as safe-haven bids offset firm dollar
▼ + stars: | 2024-10-24 | by ( ) www.cnbc.com time to read: +2 min

Gold bars seen at Gold Investments bullion dealers in London, U.K., on January 15, 2014. Gold prices drifted higher on Thursday, as safe-haven demand countered a firmer dollar, while palladium hit a more than one-month peak. Spot gold rose 0.3% to $2,725.51 per ounce by 0143 GMT. A stronger dollar makes gold more expensive for other currency holders. "The Fed's monetary easing cycle, stimulus measures in China, and supply constraints will continue to drive silver prices higher into 2025 where it could potentially scale higher levels of around $45," Sachdeva said.

Persons: Kamala Harris, Republican Donald Trump, Sugandha Sachdeva, Sachdeva, Nornickel Organizations: Gold Investments, U.S, Republican, New, SS, Bloomberg News Locations: London, New Delhi, ., China, U.S

The investigation into the E. coli outbreak in McDonald's Quarter Pounders that has killed at least one person and sickened nearly 50 others increasingly points to the slivered onions served on the hamburgers. The onions in question, according to a McDonald’s spokesperson, come from a single source and are then sliced and packaged as raw vegetables in individual bags and sent to restaurants. State health officials alerted the CDC about an unusual uptick in E. coli cases on Oct. 10. There is no indication that diced onions on other McDonald’s menu items are part of the outbreak. "While the slivered onions are the likely source, FSIS continues to verify the safety of the ground beef used," the spokesperson said.

Persons: McDonald's, Matt Wise, Rachel Herlihy, “, ” Herlihy, Lowell Schiller, it's, Schiller Organizations: Mayo Clinic, Centers for Disease Control, Prevention, NBC News, CDC, Food and Drug Administration, FDA, Safety, Inspection Service, Agriculture Department Locations: Greeley , Colorado, Colorado, Mesa County, . Nebraska, Iowa , Kansas , Missouri, Montana , Oregon , Utah , Wisconsin, Wyoming, Chipotle

The president of McDonald’s USA said Wednesday that the company can "restore confidence" as it seeks to minimize the damage from an E. coli outbreak linked to the chain’s Quarter Pounders in multiple states. We took swift action yesterday to remove the Quarter Pounder from our menu. This was swift and decisive action by us,” Joe Erlinger, president of McDonald's USA, said on NBC's “TODAY” show. Customer Aaron Chapa, 22, said he eats at the restaurant a few times a week and consumed a Quarter Pounder over the weekend but never got sick. “I knew it was only the Quarter Pounder that was affected,” said Chapa, who was satisfying his hunger Wednesday with a cheeseburger.

Persons: ” Joe Erlinger, Erlinger, we’ve, It’s, Mike Railey, “ I’ll, ”, Railey, hadn’t, it’s, Aaron Chapa, “, Chapa, “ I’m, Yash Reddy, didn’t, McDonald’s, McDonald's Organizations: McDonald’s USA, McDonald's, Centers for Disease Control, CDC, Nebraska, Guggenheim Partners Locations: McDonald’s, McDonald's USA, Colorado, Denver, Iowa , Kansas , Missouri, Montana , Oregon , Utah , Wisconsin, Wyoming

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