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LONDON — Animal campaigners are calling for a ban on the public sale of fireworks after a baby red panda was thought to have died from stress related to the noise. The Royal Zoological Society of Scotland (RZSS), a conservation charity that runs Edinburgh Zoo, said Wednesday that it was likely Roxie, a three-month-old red panda kit, "died due to stress caused by fireworks being let off across the city centre." RZSS says the red panda's mother also died just five days earlier and that death could also be related to fireworks noise. "Very sadly, she choked on her vomit on bonfire night and our vets believe this was probably a reaction to fireworks," Supple said. Edinburgh City Council this year became the first Scottish local authority to ban fireworks in some areas, with four districts under a ban on privately-bought fireworks between Nov. 1 and Nov. 11.

Persons: Roxie, Guy Fawkes, Boris Johnson, Rishi Sunak, RZSS, “ Roxie, Ginger, Roxie’s, Keir Starmer Organizations: Royal Zoological Society of Scotland, Edinburgh Zoo, Scottish Locations: United Kingdom, Edinburgh

“President Trump is going to hit the Justice Department with a blowtorch, and Matt Gaetz is that torch,” Steve Bannon, Trump’s former White House strategist, told NBC News. Sen. Lisa Murkowski, R-Alaska, said she didn't think Gaetz was "a serious nomination for the attorney general." From bitter experience, Trump knows that he needs an attorney general he can trust implicitly, and it might be worth the political capital to battle for Gaetz's confirmation. Little happened in Trump’s first term that angered him as much as Attorney General Jeff Sessions’ decision to recuse himself and appoint a special counsel to investigate whether there were links between his 2016 campaign and Russia. In Gaetz, Trump would get an attorney general who has said Trump won the election that year, as well as an iconoclast who shares his willingness to upset the status quo.

Persons: Donald Trump, Trump, Matt Gaetz, Steve Bannon, Trump’s, Pete Hegseth, Tulsi Gabbard, Tom Homan, Kristi Noem, Mount Rushmore, James Mattis, Mattis, John Kelly, Kelly, who'd, Hegseth, Donald J, ”, Max Stier, Gaetz, Kamala Harris, Sen, Lisa Murkowski, Kevin Cramer, Jeff Sessions, I’m, ” Trump, Robert Mueller, William Barr Organizations: WASHINGTON, Justice Department, Defense, Justice, White, Department, White House, NBC News, Fox News, Democrat, Trump, South Dakota Gov, National Guard, Partnership for Public Service, Senate, Republicans, FBI, CDC, ATF, DOJ, NBC, Washington Locations: Afghanistan, Iraq, Alaska, Russia

☆ Indonesia’s Argo Wilis Panoramic offers a scenic ride through Java
▼ + stars: | 2024-11-14 | by ( Leyla Rose | ) edition.cnn.com time to read: +8 min

This is the view from the Argo Wilis Panoramic, a bright and airy carriage on the Argo Wilis train. The Argo Wilis Panoramic carriage sits idle in Surabaya Gubeng Station. “For example, the Argo Wilis is named after a non-active volcano in East Java,” explains a railway guard. As well as the Argo Wilis Panoramic, there is also the Argo Parahyangan Panoramic and the Pangandaran Panoramic running back and forth between Jakarta and Bandung. If you’re traveling west on the Argo Wilis Panoramic, it’s worth exploring Bandung, where the train terminates.

Persons: Josh Edwards, KAI, ”, Argo, Yogyakarta Josh Edwards, There’s, It’s, Siripong, Parahu, Ismail Rajo, “ Organizations: CNN, Argo, Solo, KAI, UNESCO, Heritage, ” Locations: Surabaya, East Java, Bandung, West Java, Southeast Asia, Indonesia, Java, Surabaya Gubeng, Sumatra, Sulawesi, Jakarta, Yogyakarta, Borobudur, Asia, Indonesia’s, Central Java, Surakarta, Pasar, Sukuh, Mt Lawu, Nature, Ismail, Paris, ” Bandung, British

☆ Polymarket CEO Shayne Coplan attacks Biden and Harris after FBI raid
▼ + stars: | 2024-11-14 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +4 min

The FBI raided Polymarket CEO Shayne Coplan's home on Wednesday, a company spokesperson said. A company spokesperson told Business Insider the raid took place at Shayne Coplan's Manhattan home Wednesday morning, without elaborating. Related Video Why Sam Bankman-Fried is facing up to 110 years in prisonSoon after the raid, Coplan, 26, posted on X: "New phone, who dis?" The Polymarket spokesperson said the raid was an act of "political retribution" by the Biden administration against a "fully transparent prediction market." AdvertisementA Biden administration spokesperson did not respond to a request for comment.

Persons: Shayne Coplan's, Polymarket, —, Donald Trump's, Sam Bankman, Chainalysis, Coplan, CNBC's, Peter Thiel's, Vitalik Buterin, Joe Biden, Kamala Harris, Elon, Trump, Biden Organizations: FBI, Bloomberg, Service, Polymarket, Shayne Coplan's Manhattan, Department of Justice, Futures Trading Commission, Traders, Trump, Fund, Apple Locations: Coplan, France, American

☆ Cheat sheet: How RFK Jr., Trump's pick for HHS secretary, promises to 'Make America Healthy Again'
▼ + stars: | 2024-11-14 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +9 min

Robert F. Kennedy Jr. is President-elect Trump's pick to lead the US Department of Health and Human Services. Advertisement"Make America Healthy Again" is the new healthcare slogan from Robert F. Kennedy Jr., President-elect Trump's new pick for Health and Human Services secretary. AdvertisementHere's what we know so far about Kennedy's public health philosophy, and what kinds of reforms he might fight for in 2025 and beyond. Kennedy's MAHA ideas include shifts in some basic public health protocolsMost Americans have fluoridated tap water. His stance has public health officials spooked, because part of what makes vaccination work so well is the fact that nearly everyone in our society does it.

Persons: Robert F, Kennedy Jr, Trump's, He's, he'll, —, Trump, Kennedy, Leonard Ortiz, I'm, Mandy Cohen, Lindsey Nicholson, Robert Califf, John F, Kennedy's, Bernie Sanders, it's Organizations: US Department of Health, Human Services, RFK, Service, Health, HHS, National Institutes of Health, for Disease Control, Prevention, Food and Drug Administration, MediaNews, Orange, Getty, NBC, Washington DC, Union, FDA, Pharma, Big Pharma Locations: Washington, California, Trump

☆ Disney stock surges on streaming growth, guidance
▼ + stars: | 2024-11-14 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +6 min

Disney | PixarDisney reported its fiscal fourth-quarter earnings Thursday, narrowly beating analyst estimates as streaming growth helped propel its entertainment segment. During Disney's fiscal 2025, the company expects high-single-digit adjusted earnings growth compared with the prior fiscal year. Disney anticipates double-digit percentage growth in operating income for its entertainment segment for fiscal 2025. Streaming stridesThe atmosphere at the Disney Bundle Celebrating National Streaming Day at The Row in Los Angeles on May 19, 2022. During the fiscal fourth quarter Disney's streaming entertainment ad revenue was up 14% due to Disney+, and executives expect it to be a driver of streaming revenue going forward.

Persons: —, Bob Iger, who's, they're, Hugh Johnston, Disney, Presley Ann, Walt Disney Organizations: Disney, Pixar Disney, Revenue, Warner Bros, Getty, Hulu, ESPN, Discovery, Netflix, Comcast, Paramount Global, " Media, U.S, Walt Locations: Los Angeles, India

☆ British Museum receives donation of Chinese ceramics worth $1.27 billion
▼ + stars: | 2024-11-14 | by ( Story Reuters | ) edition.cnn.com time to read: +2 min

London Reuters —The British Museum said on Wednesday it would receive 1,700 pieces of world-renowned Chinese ceramics worth around 1 billion pounds ($1.27 billion), in the largest donation in its nearly 300-year history. The collection, which has been on loan to the British Museum since 2009, has been donated by the Percival David Foundation. The Trustees of the British Museum“This is the largest bequest to the British Museum in our long history,” said George Osborne, chair of the British Museum. “It’s a real vote of confidence in our future.”Thanks to the donation, the British Museum said it would hold one of the most important collections of Chinese ceramics of any public institution outside the Chinese-speaking world, numbering 10,000 objects. Porcelain was first produced in China around AD 600, and it is by far the most advanced in the world.

Persons: Percival David, ”, George Osborne, “, Chris Bryant Organizations: London Reuters —, British, British Museum, Percival, Percival David Foundation, British Museum British, Shanghai Museum, Metropolitan Museum Locations: British, China, New York

☆ The election proved the media is in crisis. Here’s what it needs to do to regain its relevance
▼ + stars: | 2024-11-14 | by ( Brian Stelter | ) edition.cnn.com time to read: +11 min

What can news outlets do to regain trust and appeal to new audiences without alienating existing readers and viewers? For the past week, CNN’s media team has been receiving feedback from readers of the Reliable Sources newsletter. Mainstream media outlets have been losing public trust for decades, particularly among Republicans, but also among Democrats and independents. Maybe, CNN’s Donie O’Sullivan commented last week, the media collectively spent “too much time obsessing about polling (where did that get us?) As long as President-elect Donald Trump keeps repeating lies and raising controversies, the press will be seen as a hostile force by many Trump voters.

Persons: New York CNN — Donald Trump’s, Kamala Harris, “, ”, Greg Gutfeld, Sean Hannity, ” Elon Musk, Harris, Donie O’Sullivan, MAGA, it’s, TheWrap’s Sharon Waxman, Donald Trump, They’re, Joe Rogan’s, Charlie Warzel, Rachel Karten, “ Trump, Tim Graham, Arlie Russell Hochschild, Vox, Lulu Garcia, Navarro, Buck, Richard Stengel, Andrew Morse, “ It’s, Will Bunch, there’s Organizations: New, New York CNN, ” Fox, Trump, Media, ABC News, Nielsen, CNN, News, Civic Health, Media Research Center, ” New York Times, Atlanta, Philadelphia Locations: New York, Washington, York, U.S

☆ Bitcoin could hit $100,000 by Inauguration Day, says crypto expert—what a Trump Presidency could mean for digital assets
▼ + stars: | 2024-11-14 | by ( Ryan Ermey | ) www.cnbc.com time to read: +5 min

"A Kamala presidency would have meant the same exact things for crypto and digital assets in four years' time as a Trump presidency," Brokate says. Part of crypto's upward price momentum stems from investor optimism in what a Republican-controlled government could mean for digital assets, Brokate says. But forward-looking investors say that the current market for crypto is barely scratching the surface of potential investor demand. That is, crypto advocates say, if the U.S. government provides a clearer regulatory framework for financial institutions to market and sell crypto and other digital assets to customers. Ideally, crypto enthusiasts say, the U.S. would eventually establish regulatory frameworks similar to the one that exists in Europe known as MiCA — Markets in Crypto Assets.

Persons: Kamala, Trump, Brokate, Federico Brokate, bitcoin, Geoff Kendrick, Andy Baehr, hasn't, Baehr Organizations: Republican, Trump, Crypto, CNBC Locations: U.S, Europe

☆ Hollywood Is Leaving Los Angeles: Remote Work Comes to TV, Movies
▼ + stars: | 2024-11-14 | by ( Lucia Moses | ) www.businessinsider.com time to read: +14 min

AdvertisementLately, creative workers are increasingly chasing their Hollywood dreams in production hubs far from Hollywood. FilmLA, which issues permits for production in the region, found that Greater Los Angeles' share of US-produced TV and film projects declined from 23% in 2021 to 18% last year. Brin said Lexington had attracted 30 film and TV projects so far this year, representing more than $2 million in local spending. Actually being on a set is only one part of entertainment production. While the power of Los Angeles is dispersing, no single "new Hollywood" is coming to take its place.

Persons: Joe Gallegos Jr, he'd, Bailee Madison, Lukasiak, Pat Boone, Gallegos, JJ Abrams, HBO Max —, he's, It's, Patrick Adler, Taner Osman, couldn't, Tiffany FitzHenry, Lisa Brin, Brin, Noah Hawley, Maddy Bilder, Yorgos, Guy, Ryan Gosling, Emily Blunt, Tyler Mitchell, I've, Bilder, Adler, Otis, FitzHenry, hasn't, Keisha Perry, Cedric, I'm, She's, Lucia Moses Organizations: Netflix, HBO, of Labor Statistics, Westwood Economics, Planning Associates, Dallas, Miami, Hollywood, Bureau of Labor Statistics, Marvel, Otis, Creative, Lex Studios, Austin, Austin Film Society, Southwest, Sony, Universal Pictures, Ampere, Technology, ScreenIt, LA, Westwood, Gallegos, Business Insider's Media Locations: New Mexico, Los Angeles, Albuquerque, La La, Hollywood ., America, California, Atlanta, Hollywood, LA, Georgia, Kentucky, Lexington, New York, Ireland, Budapest, South Africa, Hungary, Australia, North America, Saudi Arabia, Miami

☆ Some voters retain optimism for a woman president following Trump's win: 'Americans are ready, it just wasn't meant to be Harris'
▼ + stars: | 2024-11-14 | by ( Morgan Smith | ) www.cnbc.com time to read: +8 min

But the idea of electing the first female president didn't strongly motivate people to turn out. They don't expect that America will have to wait much longer for a female president. "I voted for Vice President Harris, but there was so much pause in that decision — I debated it for weeks," she says. Harris' loss has not diminished Amiwala's optimism that the U.S. could elect its first female president soon. "I think Americans are ready for a woman president, it just wasn't meant to be Harris," Amiwala says.

Persons: Kamala Harris, Donald Trump, Hillary Clinton's, didn't, Harris, Ali Vitali, —, Joe Biden, Vitali, Amiwala, she's, that's, Chip Somodevilla, Chabaka, Biden, Natasha Bowman, Bowman, Trump, Alejandra Toro, Toro, — wasn't, Laura Kray, Kray, Taylor Swift Organizations: AP VoteCast, NBC News, CNBC, NBC, Capitol Hill, AP, Carolina Girls, Horizon, Getty, Republican, Center for Equity, UC Berkley's Haas School of Business Locations: Fairfax , Virginia, America, U.S, Chicago, Israel, Palestine, Greensboro , North Carolina, Sioux Falls , South Dakota, New York, Charlotte , North Carolina

☆ King Charles marks 76th birthday at ‘surplus food festival’
▼ + stars: | 2024-11-14 | by ( Lauren Said-Moorhouse | ) edition.cnn.com time to read: +3 min

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

☆ New Zealand MPs disrupt parliament with haka to protest Indigenous treaty bill
▼ + stars: | 2024-11-14 | by ( ) edition.cnn.com time to read: +2 min

REUTERS —New Zealand’s parliament was briefly suspended on Thursday after Maori members staged a haka to disrupt the vote on a contentious bill that would reinterpret a 184-year-old treaty between the British and Indigenous Maori. Rulings by the courts and a separate Maori tribunal have progressively expanded Maori rights and privileges over the decades. Parliament was briefly suspended as people in the gallery joined in, and shouting drowned out others in the chamber. ACT New Zealand leader David Seymour said people who oppose the bill want to “stir up” fear and division. New Zealand's parliament was briefly suspended on Thursday after Maori members staged a haka to disrupt the vote on a contentious bill that would reinterpret a 184-year-old treaty between the British and Indigenous Maori.

Persons: Te, David Seymour Organizations: REUTERS, British Crown, ACT New Zealand, New Zealand’s rugby, Parliament, New, Coalition, National Party Locations: Waitangi, New Zealand, New, Wellington

☆ Buying opportunity or time to bail? What to do with gold following the postelection selloff
▼ + stars: | 2024-11-14 | by ( David Keller | ) www.cnbc.com time to read: +4 min

First, let's recognize the strength of the uptrend in gold leading into November 2024. While the two trends were both higher in October, a post-election surge in the US Dollar appeared to signal the end of the golden era of gold in 2024. And while the long-term chart of gold remains in decent shape, the short-term reversal in recent weeks has pushed gold stocks down to key price support. Now the GDX is testing its 200-day moving average, which also represents a 50% retracement of the 2024 bull phase. In terms of a longer-term inflection point for gold, it's all about finding signs of accumulation.

Persons: it's, wasn't, we'd, David Keller Organizations: Nasdaq, Gold Miners, CMT, CNBC, NBC UNIVERSAL

☆ Disney earnings offer hope that streaming can successfully supplant linear TV
▼ + stars: | 2024-11-14 | by ( Alex Sherman | In Alex-Sherman | ) www.cnbc.com time to read: +2 min

For Disney's fiscal 2025, streaming will generate enough operating income to offset the parallel decline in operating income from linear TV, Johnston said in an interview. Disney projects entertainment direct-to-consumer operating income will increase by about $875 million next year over fiscal year 2024. That would put the division at over $1 billion in operating income for the coming fiscal year. Disney's combined streaming businesses improved their profitability in the company's fiscal fourth quarter, posting operating income of $321 million. For the year, Disney's entertainment streaming platforms (Disney+ and Hulu) made $143 million in operating income.

Persons: Gabby Jones, Warren Buffett, CNBC's Becky Quick, it's, Buffett, Hugh Johnston, Johnston Organizations: Disney, Bloomberg, Getty, Paramount Global, Warner Bros, Hulu, ESPN Locations: Brooklyn, New York, Omaha

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

☆ Inside the Goldman Sachs marketing push that has some execs perplexed
▼ + stars: | 2024-11-14 | by ( Reed Alexander | ) www.businessinsider.com time to read: +14 min

AdvertisementTop Goldman officials denied any plans to cut Carter's department and said she had upgraded Goldman's marketing capabilities. "It sounds like a few people have a quaint understanding of marketing at Goldman Sachs," a Goldman spokesman, Tony Fratto, said. They turned to the consulting giant McKinsey, which recommended Goldman increase its marketing budget and hire a chief marketing officer, these people said. Related storiesAs AT&T's chief brand officer, Carter handled sports sponsorships, advertising, and diversity messaging in a division headed by the telecom giant's global marketing officer, Lori Lee. PATRICK T. FALLON/AFP via Getty ImagesIn recent weeks, Goldman's marketing team has suffered more departures.

Persons: Goldman Sachs, Goldman, Fiona Carter, Carter, David Solomon's, Solomon, Tony Fratto, It's, Goldman dealmaker, —, John Waldron, Lori Lee, Robert De Niro, Katie Holmes, John Rogers, Waldron, Rogers, Fratto, Sean Zanni, Jake Siewert, Maria dal, speechwriting, Dal Pan, Goldman Sachs SAUL LOEB, Matt Gibson, David Solomon, PATRICK T, FALLON, Jason Hill, snagging, There's, Russell Horwitz, Goldman's, Horwitz, " Horwitz, Emmalyse Brownstein, Reed Alexander Organizations: Goldman, Business, Forbes, McKinsey, T's, Hollywood, Tribeca Film, Goldman's New, BI, AFP, Formula One United, Prix, Getty, White Locations: Sachs, Goldman's, Goldman's New York City, Formula One United States, Austin , Texas, York City

Trump’s transition team includes close to 100 people, with some working at Mar-a-Lago and others at the campaign office in Palm Beach and in Washington. Andrew Harnik/Getty ImagesInside Trump’s transitionTrump’s transition effort had begun with relatively orthodox choices — including Wiles, who led Trump’s campaign, as chief of staff. Much like his defense secretary pick, Trump had also grown frustrated with his options for attorney general. The role of attorney general has long been viewed by Trump as one of, if not the, most important positions he would fill. CORRECTION: This story has been corrected to properly reflect the process by which Donald Trump considered candidates for attorney general.

Persons: Donald Trump’s, Pete Hegseth, Tulsi Gabbard, Matt Gaetz, —, Trump, firebrands —, elect’s, MAGA, ”, “, ” Trump, Joe Biden, Mike Johnson, South Dakota Sen, John Thune, Elon Musk, Tesla, he’d, strode, Chris Christie’s, Susie Wiles, Wiles, Donald Trump, Andrew Harnik, Monday Trump, Florida Sen, Marco Rubio, Gabbard, Steve Bannon, ” Bannon, Donald Trump Jr, Richard Grenell, Rubio, Tony Hinchcliffe denigrated, JD Vance, Vance, Brian Snyder, Department —, Kamala Harris, Mark Paoletta, Andrew Bailey, Justice Department —, Jeff Sessions, William Barr, Department’s, Kevin McCarthy, Todd Blanche, Blanche, Nathan Howard, Gaetz, McCarthy, ” Gaetz, Gaetz’s, “ We’re, ” Johnson, Trump’s, Alaska Sen, Lisa Murkowski, Justice Department . Maine Sen, Susan Collins, Texas Sen, John Cornyn, Thune, Sen, Mike Rounds, ” Rounds, Kaitlan Collins, Annie Grayer, Danya Gainor, Holmes Lybrand, Dana Bash, Haley Talbot, Jeremy Herb, Katie Bo Lillis, Ted Barrett, Manu Raju, Sarah Ferris, Pamela Brown Organizations: CNN, Fox News, Hawaii Democratic, Republican, “, Wednesday, Washington, Hill, South, GOP, Elon, House Republicans, DC, SpaceX, Department of Government, Trump, New, New Jersey Gov, Mar, Hyatt, Monday, Democratic, Army National Guard, US Army Reserve, America, Florida Republican, Tony Hinchcliffe denigrated Puerto Ricans, State Department, Base Andrews, Reuters, Department, Justice Department, White House, Republicans, Capitol, U.S . Capitol, Senate, Justice Department ., Texas, South Dakota Republican Locations: Florida, Washington, South Dakota, Trump’s, New Jersey, Palm Beach, Washington ,, Syria, Russia, Tony Hinchcliffe denigrated Puerto, Madison, Maryland, U.S, Missouri, Manhattan, Trump, Alaska, Justice Department . Maine

☆ Disney doesn't plan to change its TV networks portfolio anytime soon
▼ + stars: | 2024-11-14 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +1 min

Disney has done the math on separating its TV networks business, and it appears too messy to be done — at least for now. The company's chief financial officer, Hugh Johnston, said Thursday on CNBC's "Squawk Box" that the "cost is probably more than the benefit" when it comes to separating its TV networks business, given the "operational complexity." The future of the traditional TV network business has been top of mind in the media industry. In late October, Comcast executives said they were exploring a separation of the cable networks business. Disney reported Thursday that revenue for its traditional TV networks was down 6% for its most recent quarter to $2.46 billion, while profit in the division sank 38% to $498 million.

Persons: Hugh Johnston Organizations: Disney, Comcast

☆ Wall Street bonuses are expected to boom for the first time since 2021
▼ + stars: | 2024-11-14 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +4 min

See who stands to take home the biggest checks, according to the comp consultant Johnson Associates. It predicted that some financial-services professionals could see year-end bonus increases of as much as 35% over last year. Here's a look inside three slides from the Johnson Associates report that illustrate key findings. Johnson Associates' 2024 year-end incentives reportDebt underwriters stand to see the biggest bonus bumps this year — up to 35% over 2023, Johnson Associates' founder, Alan Johnson, told Business Insider. Johnson Associates' 2024 year-end incentives reportOverall, the numbers are good compared with the past couple of years, and OK in the grander scheme of things, he said.

Persons: Johnson, —, Goldman Sachs, Alan Johnson, it's Organizations: Service, Johnson Associates, Goldman, Blackstone, underwriters, Equity, Investment, Federal

☆ Tech giants are investing in 'sovereign AI' to help Europe cut its dependence on the U.S.
▼ + stars: | 2024-11-14 | by ( Ryan Browne | ) www.cnbc.com time to read: +7 min

Sovereign AI is "more driven by the industry naming it that, than it is from the policymakers' side," Gow said. On Wednesday, Denmark laid out a landmark white paper outlining how companies can use AI in compliance with the incoming EU AI Act — the world's first major AI law. How regulation fueled a mindset shiftThat's not to say regulations haven't proven an important factor in getting tech giants to think more about building localized AI infrastructure within Europe. The concept of AI sovereignty is also getting buy-in from local European tech firms. Orange hasn't yet selected a partner for these sovereign AI model ambitions.

Persons: Dado Ruvic, Chris Gow, Anthropic's Claude, Filippo Sanesi, Sanesi, hasn't, —, Cisco's Gow, Rather, " Gow, Gow, It's, David Hogan, Hogan, OVHCloud's Sanesi, Qwant, Bruno Zerbib, Zerbib Organizations: Reuters, Portugal — Tech, CNBC, Data, of Justice, EU, General Data Protection, U.S, Sovereign, Nvidia, Orange Locations: Reuters LISBON, Portugal, Brussels, U.S, Europe, OVHCloud, Italy, Italia, Denmark, Berlin, Paris, French

☆ Baby red panda died after being stressed by fireworks, zoo says
▼ + stars: | 2024-11-14 | by ( Issy Ronald | ) edition.cnn.com time to read: +4 min

CNN —Fireworks likely caused the death of a baby red panda at Edinburgh Zoo after she became so stressed that she choked on her own vomit, experts from the Royal Zoological Society of Scotland (RZSS) said on Thursday. Roxie’s mother Ginger had died a few days earlier but the baby red panda “was responding well to specialist care from our expert team and was feeding independently,” said RZSS deputy chief executive Ben Supple in a statement. RZSS, a wildlife conservation charity that runs Edinburgh Zoo, is now calling for tighter restrictions on fireworks given the risks they pose to animal welfare. Like Roxie, a baby zebra died after being spooked by the sounds of fireworks at Bristol Zoo in November 2020. This would help avoid devastating consequences for animals like Roxie while ensuring that people can still enjoy traditional celebrations,” he said.

Persons: Roxie, Roxie’s, Ginger, ”, Ben, “ Roxie, Roxie's, “, Siobhian Brown, doesn’t Organizations: CNN, Edinburgh Zoo, Royal Zoological Society of Scotland, RSPCA, Bristol Zoo, Edinburgh, Department for Business, Trade, Scottish Locations: Scottish

☆ Greenlight's David Einhorn says the markets are broken and getting worse
▼ + stars: | 2024-11-14 | by ( Bob Pisani | ) www.cnbc.com time to read: +7 min

As he has done several times before, Einhorn pointed a finger at passive, index investors: "The passive people, they don't care what the value is." "I view the markets as fundamentally broken," Einhorn said back in February on Barry Ritholtz's "Masters in Business" podcast. "You have these companies, and all they do is they manage these expectations, right?," Einhorn told Picker. This is causing great pain to value investors like Einhorn, many of whom have seen cash flee their funds. Another reason for long-term underperformance by active managers: They are competing against other active managers who have very little competitive edge against each other.

Persons: David Einhorn, Greenlight Capital's David Einhorn, Leslie Picker, Einhorn, It's, Picker, Barry Ritholtz's, Rob Arnott, Arnott, there's, doesn't, RAFI, you'd, I'm Organizations: Greenlight Capital, CNBC Delivering Alpha Investor, Alpha, CNH, Interactive, Cornell grad, Research Affiliates, P Global Locations: New York City, U.S

☆ A Singaporean AI startup is trying to disrupt the 100-year-old market research industry
▼ + stars: | 2024-11-14 | by ( Shafi Musaddique | ) www.cnbc.com time to read: +5 min

Finding ways to attract consumers to buy packaged goods stretches back to the 1920s when American psychologist Daniel Starch created the world's first market research study. Founded in Singapore in 2018, the startup provides AI-powered market research with real-time predictive analytics. Rival firms include ZoomInfo Sales, Trajaan and Brandwatch Consumer Intelligence, all of which deploy a variety of technology to comb through consumer data and marketing trends. Somsubhra Gan Choudhuri, co-founder and CEO Ai Palette, said AI can take up much of the brain power usually done by people. Along with VC investors, Ai Palette has had the backing of the Singapore government, which is committing more than three quarters of a billion Singaporean dollars ($7,500,000) to AI development to strengthen its AI ecosystem.

Persons: Daniel, Ai, Gan Choudhuri, CNBC's, Choudhuri, Kellogg, Conor Delahunty, Vishal Harnal Organizations: ZoomInfo, Brandwatch Consumer Intelligence, CNBC Tech, Diageo, Nestlé, Pepsico, Symrise, Global, Venture Locations: Singapore, Thailand, Indonesia, Malaysia, Philippines

Soto, 26, is hands down this winter’s most highly sought-after free agent, valued as much for his elite baseball skills as for his birth date. And in an age of swing-for-the-fences baseball, Soto struck out just 16.7% of the time, while the league whiffed at a 22.2% clip this season. Free agency is “going to be exciting,” Soto told reporters moments after the Yankees lost Game 5 of the World Series, ending the baseball season. The AL champion Yankees had the second-highest MLB payroll, at $309.8 million for their 40-man roster, according to Baseball Prospectus. There's no telling when Soto or other any free agents will come to terms with their 2025 teams.

Persons: Juan Soto, Soto, Al Leiter, Leiter, Shohei, Scott Boras, Ohtani, ” Soto, “ It’s, Aaron Judge, they'll, Bryce Harper, Harper, “ I’m, ”, Cy Young, Blake Snell, “ We’re Organizations: Major League Baseball, Yankees, American League, Dodgers, New York Mets, San Diego Padres, Boston Red Sox, Toronto Blue Jays, San Francisco Giants, MLB, baseball's, MLB Network, Mets, Red Sox, Blue Jays, Los Angeles Dodgers, Dodgers DH, NL, Soto's, Philadelphia Phillies, Phillies, Big Apple, AL, Baseball, Cleveland Guardians, The Dodgers Locations: Los Angeles, Southern California, Soto's New York, South Philly, San Diego, New York

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