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☆ An Army veteran spent 2 years looking for his missing son in the desert. Now, he's running for Congress.
▼ + stars: | 2024-06-06 | by ( Matthew Loh | ) www.businessinsider.com time to read: +10 min

Read previewEvery fortnight or so, David Robinson starts his YouTube livestream, upbeat and all smiles. "It's inexcusable for us to have as many missing persons cases in this country as we do," he said in a stream on March 10. David Robinson speaks about his run for US Congress on his YouTube livestream. In 2021, almost 40% of the 521,000 persons reported missing in the US involved missing persons of color. The International Commission on Missing Persons told BI it's "impossible" to estimate the average cost of a search and recovery operation.

Persons: —, David Robinson, Robinson, Daniel, It's, Robinson's GoFundMe, he's, He's, Joe Wilson, Daniel Robinson, David Robinson Robinson, undressed, who'd, Daniel ., hasn't, Daniel's, YouTuber Gabby Petito, Gabby Petito, HelpFindDaniel, Petito, Petito's, Tammy Phillips, Phillips, Wilson Organizations: Service, YouTube, Army, Business, Democratic, National, Police, Buckeye Police Department, BI, Twitter, Buckeye, TNS, ABACA, Reuters, Commission, Congress, US Locations: Arizona, South Carolina, Buckeye , Arizona, Tempe, Afghanistan, Texas, Robinson's district

☆ Modi's weaker-than-expected election win raises questions over his economic and political agenda
▼ + stars: | 2024-06-05 | by ( Sumathi Bala | ) www.cnbc.com time to read: +5 min

Indian Prime Minister Narendra Modi gestures as he arrives at Bharatiya Janata Party (BJP) headquarters in New Delhi, India, June 4, 2024. he said, adding Modi will likely have an "uneasy relationship" with its coalition partners. Veteran investor David Roche called the election outcome an exercise of "karma," adding that this was Modi's election to lose. The party suffered some of its high-profile losses here, with political BJP heavyweights like Smriti Irani among others, losing their seats. A 'humbling moment'Going into the election, Modi's popularity endured despite India's economic problems such as high youth unemployment, inflation and income inequality.

Persons: Narendra Modi, Adnan Abidi, Modi, Neelanjan Sircar, We've, Sircar, CNBC's, —, David Roche, Roche, Smriti Irani, overreach, he's, Michael Kugelman, Wilson Organizations: Indian, Bharatiya Janata Party, BJP, Centre for Policy Research, Indian National Congress, Developmental Inclusive Alliance, Independent, South Asia Institute Locations: New Delhi, India, INDIA, Uttar Pradesh, Ayodhya, Faizabad, Maharashtra, Rajasthan

☆ Angel Reese ejected during Chicago Sky’s loss to New York Liberty
▼ + stars: | 2024-06-05 | by ( Matias Grez | ) edition.cnn.com time to read: +3 min

CNN —Chicago Sky rookie Angel Reese was ejected late in the fourth quarter of her team’s 88-75 defeat by the New York Liberty on Tuesday after receiving back-to-back technical fouls. In a post on X, formerly Twitter, Chicago Bulls guard Lonzo Ball seemingly offered to pay Reese’s fine. “Ref that threw out @Reese10Angel is weak btw… You know who you are (Keep ya money Angel I got you),” Ball wrote on X. Reese finished the Commissioner’s Cup game with 13 points and 10 rebounds but shot 25% from the field. Breanna Stewart had a huge game for the Liberty, putting up a game high 33 points to go with 14 rebounds and three assists.

Persons: Angel Reese, Reese, Charles Watson, “, waiving, Marina Mabrey, “ You’ve, Teresa Weatherspoon, ”, Lonzo, Angel, ” Ball, ” Reese, Breanna Stewart, Melissa Tamez, Chennedy Carter, Clark, Billie Jean King, Chris Evert’s, King, Maya Moore, Sheryl Swoopes, Candace Parker, Diana Taurasi, A’ja Wilson, Caitlin, Christine Brennan, we’ve Organizations: CNN, Chicago Sky, New York Liberty, WNBA, Twitter, Chicago Bulls, Liberty, Sky, tennis, USA

☆ Opinion: What we can glean from a prisoner who ran for president
▼ + stars: | 2024-06-04 | by ( Opinion Thomas Balcerski | ) edition.cnn.com time to read: +7 min

CNN —Donald Trump is the first former president to be found guilty of felonies, but he isn’t the first convicted person to run for president in the US. Despite having been sentenced to 10 years in prison for sedition, Debs incredibly received some 914,191 votes, a higher number than when he ran as a free man in 1912. 9653.”Even from prison, Debs cleverly electioneered through the new medium of motion pictures. Following the election of Warren G. Harding in 1920, pressure was placed on outgoing President Woodrow Wilson to pardon Debs. They will choose whether the verdict at Trump’s trial undermined faith in our legal system or was justice being served.

Persons: Thomas Balcerski, James Buchanan, William Rufus King ”, CNN — Donald Trump, Eugene V . Debs, Debs, Trump, ” Eugene Victor, Gene, ”, “, Warren G, Harding, Woodrow Wilson, Wilson, — Organizations: Eastern Connecticut State University, Oxford University Press, CNN, Socialist Party, Justice Department, Debs Universal, Republicans, Twitter, Facebook, Reuters, Republican, Trump Locations: Canton , Ohio, Atlanta, America, York

☆ Is abortion rights your top issue? Here's a guide to each 2024 candidate's stance.
▼ + stars: | 2024-06-03 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +6 min

Two years later, abortion rights remain a major issue in the 2024 election. Vice President Kamala Harris has taken the lead in the Biden campaign's push to highlight abortion rights on the campaign trail. The Senate filibuster requires a de facto 60-vote majority for legislation that would enshrine nationwide abortion rights protection into law. AdvertisementSome legal experts have also questioned whether Congress has the power to guarantee abortion access. Project 2025, an unofficial partnership of right-wing think tanks, has outlined an ambitious series of plans to curtail abortion rights if Trump wins in November.

Persons: —, Roe, Wade, Joe Biden's, Biden, Donald Trump, There's, Trump, Here's, Kamala Harris, Saul Loeb, Joe Biden, It's, reimbursing, Mark Wilson, Arizona, Katie Hobbs, hasn't Organizations: Service, Business, CBS, New York Times, Trump, Biden, Getty, Senate, GOP, Supreme, Pentagon, Republican, Justice Department, Republicans, Gov Locations: Arizona, Arizonans, Siena, mifepristone, Florida

☆ Rebel Wilson says it's 'total nonsense' that only gay actors should portray gay characters
▼ + stars: | 2024-06-03 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +1 min

Rebel Wilson criticizes limiting actors to roles based on their sexuality. Wilson discussed the topic on BBC's Desert Island Discs, calling such views "total nonsense." Wilson also addressed alleged mistreatment by Sacha Baron Cohen on the set of "The Brothers Grimsby." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In the latest episode of BBC's Desert Island Discs, she said it was "total nonsense" to think that gay actors can only play gay characters.

Persons: Rebel Wilson, Wilson, Sacha Baron Cohen, —, Lauren Laverne Organizations: Service, Business Locations: Grimsby

☆ Why Mexico’s election is more important than ever for the United States
▼ + stars: | 2024-05-31 | by ( Sofía Benavides | ) edition.cnn.com time to read: +11 min

But it’s not just the massive scale of the event that makes it so important in the eyes of observers across the border in the United States. Key to facilitating this shift was the creation of the USMCA trade agreement, which came into effect in 2020 between Mexico, the United States and Canada. “Mexico committed to addressing the two main Mexican issues affecting the United States and that will determine the next election: migration and fentanyl. “But the United States also has to dismantle the network of traffickers within (its own borders). There is a significant network of organized crime in the United States that the administration must arrest, bring to trial, and whose activities it must restrict,” she added.

Persons: Mexico’s, it’s, – Claudia Sheinbaum, Xóchitl Gálvez, Xochitl Galvez, Quetzalli, Claudia Sheinbaum, Raquel Cunha, Reuters “, ”, Rafael Fernández de Castro Medina, Lila Abed, Andrés Manuel López Obrador, Joe Biden, Donald Trump, “, ” Abed, Abed, Ulises Ruiz, Raquel López Portillo Maltos, Jorge Alberto Schiavon Uriegas, López Obrador, Schiavon Uriegas, Carin Zissis, Sheinbaum, Zissis, Lopez Obrador, ¨, Chandan Khanna, “ México, Jose Luis Gonzalez, “ López Obrador Organizations: CNN, Sigamos, Reuters, Center for US, Mexico Studies, University of California, Mexico Institute, Wilson, Workers, AFP, Getty, Mexican Council, Foreign Relations, Center for Studies, Foreign, Trump, Biden, Americas Society, National Guard, Army, ¨ Trump, Border Patrol, Mexican Refugee Aid Commission, Mexican Army, National Security Law, CIA, Ministry of Foreign Affairs, Republican, Democratic Locations: United States, Morena, Mexico City, Mexico, San Diego, China, Canada, Ukraine, Cerritos, Ciudad Guzman, Jalisco, “ Mexico, Americas, Piedras Negras, Eagle, , Texas, Operation Juarez, Ciudad Juarez

☆ Biden fundraises off guilty verdict in Trump’s hush money case as GOP rushes to play defense
▼ + stars: | 2024-05-30 | by ( Clare Foran | ) edition.cnn.com time to read: +3 min

Washington CNN —President Joe Biden was quick to fundraise off the guilty verdict in former President Donald Trump’s hush money trial, while top congressional Republicans rushed to Trump’s defense. In the aftermath of Trump’s conviction, Biden called attention to what’s at stake in the 2024 presidential election and made an appeal for donations to his campaign. “There’s only one way to keep Donald Trump out of the Oval Office: At the ballot box,” Biden posted on X, alongside a link for donations. If he defeats Biden in November, he will be the first sitting president in history to be a convicted felon. Video Ad Feedback Donald Trump convicted of falsifying business records in hush money scheme 03:41 - Source: CNNThe verdict in the hush money trial was announced after jurors deliberated for nearly 12 hours over two days.

Persons: Joe Biden, Donald, Biden, “, Donald Trump, ” Biden, Trump, he’s, ” Trump, Mike Johnson, Steve Scalise, Elise Stefanik, ”, ” CNN’s Haley Talbot, Kristin Wilson, Lauren Fox Organizations: Washington CNN, Trump, White, CNN, Capitol, Republicans, “, WIN, ”, GOP, America, Democrat Locations: Manhattan, Biden’s

☆ Can Trump still run for president? Can he still vote?
▼ + stars: | 2024-05-30 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +6 min

CNN —Now that a New York jury has convicted former President Donald Trump of all 34 felony charges of falsifying business records, the next obvious question is: Can a convicted felon run for president? A further question is more complicated: Could Trump, as a felon, vote for himself? And now to the more difficult question …Can a convicted felon vote? Trump is now a Florida resident – and Florida voters, in 2018, overwhelmingly backed a referendum to reenfranchise convicted felons. In New York, after a law passed in 2021, any convicted felon who is not incarcerated is eligible to register to vote.

Persons: Donald Trump, Trump, Juan Merchan, Christine Cornell, Elie Honig, Anthony Guglielmi, ” Guglielmi, Eugene Debs, Debs, Oliver Wendell Holmes, Holmes, Thomas Doherty, –, Woodrow Wilson, Wilson’s, Debs ’, Warren G, Harding, Neil Volz, reenfranchise, Read, ” Volz, CNN’s Tierney Sneed Organizations: CNN, Trump, Republican National Convention, Christine Cornell CNN, Secret, United States Secret Service, Socialist, Brandeis University, Restoration Coalition Locations: New York, Milwaukee, United, Atlanta, Florida, Vermont, Maine, –

☆ More people will never own a home — they're the 'forever renters'
▼ + stars: | 2024-05-29 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +6 min

These "forever renters" vary widely in their reasons for not pursuing home ownership. Others prefer the flexibility to move and freedom from ownership costs that renters enjoy. Homeownership and renting have numerous pros and cons, making it hard to say whether forever renters are acting shrewdly or making a big mistake. Renters avoid large down payments and the varying costs of homeownership, such as mortgage payments, taxes, maintenance, and repairs. It's also cheaper to change the place you're renting than the place you're buying because of real-estate agent fees."

Persons: —, Grant Wilson, Eunjee Kwon, David Brasington, Kautz, There's, Colin Lizieri, they've Organizations: Service, Business, University of Regina, University of Cincinnati, University of Cambridge Locations: Germany, Switzerland

☆ As MLB changes its records, Josh Gibson, not Ty Cobb, is all-time batting leader
▼ + stars: | 2024-05-28 | by ( Tyler Kepner | ) www.nytimes.com time to read: +10 min

And as of Wednesday, Josh Gibson will replace Cobb as the leading hitter in the official records of the game. Thorn estimated that about 75 percent of all Negro Leagues box scores have been documented, and that MLB would update the records as more are uncovered. To some extent, Negro League numbers will always be a work in progress. Barnstorming games, essential as a financial lifeline to Negro League teams, are not included in the statistics. The scheduled games range from 26 (Negro American League, 1942) to 91 (Negro National League I, 1927).

Persons: Abner Doubleday, Tyrus Raymond Cobb, Doubleday, Josh Gibson, Cobb, ”, Larry Lester, “, Ty Cobb, Oscar Charleston, Rogers, Jud Wilson, Ed Delahanty, Buck Leonard, Ted Williams, John Thorn, Thorn, ” Lester, I’ve, Gibson, Chino Smith’s, Hugh Duffy’s, Chino Smith, Hugh Duffy, Charlie Blackwell, Ross Barnes, Willie Keeler, Rogers Hornsby, Tetelo Vargas, Vargas, — Lyman Bostock Sr, Bostock, Ted Williams ’, Sean Forman, Ty, Lester, Gary Ashwill, Kevin Johnson, Seamheads, ” Thorn, Elias, Babe Ruth, Lou Gehrig, Oscar, Barry Bonds, Jimmie Foxx, Ed Walsh, Addie Joss, Mordecai Brown, John Ward, Christy Mathewson, Rube Waddell, Walter Johnson, Dave Brown, Tommy Bond, White, Willie Mays, Mays, Bullet Rogan, Turkey Stearnes, ’ ” Lester, Simon Bruty Organizations: Major, Baseball, Negro Leagues, MLB, “, Negro League, Negro, Rogers Hornsby, Turkey Stearnes, Louis Cardinals, San Francisco Giants, Kansas City Monarchs, American, National Leagues, Negro American League, Negro National League I, Boston, New York Cubans, Twins, Red Sox, Sports, Birmingham Black Barons, Graphics, Retrosheet, Oscar Charleston, Barry, Major League Baseball, Birmingham, Giants, Mets Locations: Turkey, Birmingham, Ala, Chicago, Moline, Washington ,

☆ After Libertarians reject RFK Jr., what does success look like for third-party candidates?
▼ + stars: | 2024-05-28 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +8 min

But the idea of simply placing Kennedy atop the Libertarian Party ticket to marry his momentum with their organization left Kennedy with an embarrassing loss at the Libertarian Party convention in Washington. About half – 51% – said they would support Trump in a two-way matchup, compared with 37% who said they would pick Biden. The last third-party candidate to win a state and get Electoral Votes was George Wallace, who won Southern states in 1968. The only third-party candidate to outperform a major party candidate was former President Teddy Roosevelt, who outpolled Republicans after he failed to get their nomination in 1912 and then ran as a third-party candidate. But rather than focus on the relatively few people who turn out for a third-party candidate, why not look at the large number of people who don’t take part in elections at all?

Persons: CNN —, Donald Trump, Robert F, Kennedy Jr, Chase Oliver, Kennedy, Trump, Nicole Shanahan, Shanahan, – Kennedy, Biden, CNN’s Harry Enten, –, RFK, Ross Perot, George Wallace, Teddy Roosevelt, Woodrow Wilson, Oliver, Jo Jorgensen, Gary Johnson’s, CNN’s Aaron Pellish, Pellish, Kennedy don’t, Bob Barr, Bill Weld, Gary Johnson, Barr, Weld, Ron Paul, Paul, Jill Stein, Ralph Nader, Al Gore, George W, Karl Rove, Stein, Hillary Clinton, Rove, Libertarian’s Jorgensen, Johnson Organizations: CNN, Republican, Libertarian Party, Trump, Google, Biden, SSRS, Quinnipiac University, RFK Jr, Electoral, Southern, Democrat, Libertarian, Federal Reserve, GOP, Republican Massachusetts gov, Green Party, Street Journal, Democratic, Pew Research Center Locations: Washington, Republican Massachusetts, Florida, Michigan , Pennsylvania, Wisconsin, Arizona , Georgia

☆ Morgan Spurlock, Oscar-winning documentarian, dead at 53
▼ + stars: | 2024-05-24 | by ( Tom Page | ) edition.cnn.com time to read: +3 min

CNN —Morgan Spurlock, the filmmaker and former CNN series host whose McDonald’s documentary “Super Size Me” was nominated for an Academy Award, died of cancer complications Thursday, according to his family. Spurlock, who was 53, died in New York, surrounded by family and friends, his brother said in a statement. “It was a sad day, as we said goodbye to my brother Morgan,” Craig Spurlock said. For several years, Spurlock served as host of a popular CNN Original series, “Morgan Spurlock Inside Man.”Born in Parkersburg, West Virginia, the future filmmaker was raised in Beckley, where he graduated from Woodrow Wilson High School. His film “Super Size Me 2: Holy Chicken” was released in 2019.

Persons: CNN — Morgan Spurlock, ”, Spurlock, Morgan, ” Craig Spurlock, “ Morgan, ” Spurlock’s, Osama bin Laden, Homer Simpson, “ Morgan Spurlock, Osama Bin Laden, “ I’ve Organizations: CNN, Woodrow Wilson High School, New York University, Sundance Film, Writers Guild of America, Hulu Locations: New York, McDonald’s, Parkersburg , West Virginia, Beckley, York

☆ Jane Seymour on Her Best Movie & TV Roles: 'Wedding Crashers,' 'Dr. Quinn,' 'Bond'
▼ + stars: | 2024-05-23 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +14 min

AdvertisementI had to look and play a virgin — which I managed to do quite convincingly into my 40s on "Dr. Quinn," by the way. But I've only ever done two TV series, so now it's "Dr. Quinn" or "Harry Wild." AdvertisementAnd by the way, I got the worst reviews ever on "Dr. Quinn" as well. Studio Seven Productions/NM/Sygma via Getty ImagesI was going to bring up "Dr. Quinn" next — did you expect it to turn into such a beloved show when you initially signed on? There's another factoid that when I did "Dr. Quinn," I only washed my hair in English rainwater that was flown in on a 747 every week.

Persons: Roger Moore, Jane Seymour, Bond, Seymour, Harry Wild, she's, She's, Lindsay Lohan's, — she's, Christopher Reeve, Quinn, " Milne, I'd, It's, I'm, I've, Christopher Reeve Jane Seymour, Eddie Sanderson, Dana, Reeve, Chris, —, Sir, Shaw, Colin Powell, Dr, Doctor Quinn, Jane, she'll, we've, it's, Owen Wilson, You've, it'd, Owen, I'm Kitty Cat, Steffan, Princess Leia, Spielberg, Richard Chamberlain Organizations: Business, Acorn, Netflix, Hearts Foundation, Medicine, Seven, Getty, CBS, Orange, Raiders Locations: English, Dublin, Calgary, Eden, Hong Kong, New York, Mexico

☆ JPMorgan says China can't be ignored: 'you have to do business there'
▼ + stars: | 2024-05-23 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +2 min

"You can't ignore it, you have to do business there, even if you decide not to do business there, you need to understand what's going on," Leenart said, adding that what happens in China "influences every industry around the world." In terms of purchasing power parity, China currently accounts for 19% of global GDP and 48% of Asia's GDP . China is too big to be sidelined, and investors "have to do business there," JPMorgan Asia Pacific CEO Sjoerd Leenart said Thursday, adding that the country had emerged as the second world power. Given how extensively China is linked with the region, Leenart emphasized that there needs to be "good activity" in China in order to have a buoyant investment banking business. "I think that [China] have a lot to sell to the world, and that product will be needed all over the world," said Leenart, adding that he sees a lot of opportunity in China.

Persons: Leenart, CNBC's, Sjoerd Leenart, We've Organizations: JPMorgan Chase &, CNBC's Sri, Global China Summit, JPMorgan Asia Pacific, Investors, China's National Bureau of Statistics, Reuters, Wilson Locations: New York, United States, China, CNBC's Sri Jegarajah, Shanghai . China, Asia, Japan, South Korea, Taiwan, Vietnam

☆ The last bear on Wall Street: Why JPMorgan's Marko Kolanovic is sticking by his forecast for a 20% market sell-off
▼ + stars: | 2024-05-21 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

JPMorgan's Marko Kolanovic sees no reason to turn bullish on the stock market despite record highs. In a Monday note, Kolanovic reiterated his view that the S&P 500 could fall 20% to 4,200. AdvertisementJust one day after Morgan Stanley CIO Mike Wilson abandoned his bearish stock market call, JPMorgan's Marko Kolanovic is digging his heels in. Kolanovic is the last mega-bank-bear on Wall Street, reiterating his view in a Monday note that the S&P 500 will fall about 20% to 4,200, levels not seen since October. And AI won't save the stock market, either.

Persons: JPMorgan's Marko Kolanovic, Kolanovic, —, Morgan Stanley, Mike Wilson, It's Organizations: Service Locations: Kolanovic

☆ 5 investments Morgan Stanley recommends making as US stocks surge by up to 19% — and why a prominent Wall Street bear just abandoned his downbeat view
▼ + stars: | 2024-05-21 | by ( James Faris | ) www.businessinsider.com time to read: +8 min

Since then, several major investment firms have lifted their long-term S&P 500 price targets. The firm recommends pairing cyclicals and growth stocks with those attributes so that investors are prepared for stronger or weaker growth. Technology firms using AI need more power, which is a major long-term tailwind for utility companies, Wilson wrote. "We see the recent pullback as an attractive entry point and an opportunity to formally upgrade the sector to overweight," Wilson wrote. "Small-cap valuation is relatively cheap but earnings growth is highly concentrated," Wilson wrote.

Persons: —, Brian Belski, Binky, Morgan Stanley, Long, Mike Wilson, subpar, Wilson, Wilson's, Goldman Sachs, Morgan, Morgan Stanley's Organizations: Service, Business, BMO Capital, Deutsche Bank, optimist, Consumer, Utilities

☆ David Redden, Who Brought Ingenuity to the Auction Block, Dies at 75
▼ + stars: | 2024-05-21 | by ( Trip Gabriel | ) www.nytimes.com time to read: +1 min

One hundred seventy-five cookie jars that belonged to Andy Warhol. The bat that Babe Ruth carried in his last appearance at Yankee Stadium. A piano plinked by Dooley Wilson, as Sam, in “Casablanca.” The Duchess of Windsor’s jewelry. David N. Redden, an innovative auctioneer and a dapper presence at the podium, sold them all in a 42-year career at Sotheby’s. His wife, Jeannette Redden, said the cause was complications of amyotrophic lateral sclerosis, or A.L.S., which he had for nine years.

Persons: Andy Warhol, Babe Ruth, Dooley Wilson, Sam, David N, Redden, James Naismith’s, —, Jeannette Redden Organizations: Yankee, Sotheby’s, Magna Carta, brac Locations: “ Casablanca, ”, Independence, Cornwall, Hudson, N.Y

☆ Wilson deal: Caitlin Clark just did something no athlete has done since Michael Jordan
▼ + stars: | 2024-05-21 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Breakout basketball star Caitlin Clark has a new achievement that hasn’t been accomplished since Michael Jordan. The WNBA player signed a multiyear deal with Wilson Sporting Goods Co., the league’s official basketball supplier, for “signature basketball collections celebrating Clark’s continued legacy,” the company announced Tuesday. In addition, she will “creatively direct her first-ever signature basketball line” that will roll out later this year. Wilson, which has produced the basketballs for the NBA for several decades, became the official game ball of the WNBA in 2020. Nike is also reportedly on the verge of signing Clark to design her shoe line, but no official deal has been formally announced.

Persons: Caitlin Clark, hasn’t, Michael Jordan, Clark’s, Wilson, Clark, “ Wilson, ” Clark, ” Organizations: New, New York CNN, WNBA, Wilson Sporting Goods Co, CNN, NBA, Indiana Fever, ESPN2, ESPN, Nike, Farm, Gatorade, Panini Locations: New York

☆ Morgan Stanley stock strategist Mike Wilson raises S&P 500 forecast to 5,400 after bearish call on 2024 fails to pan out
▼ + stars: | 2024-05-20 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

The U.S. equity strategist now expects the S & P 500 will rise to 5,400 by the second quarter of 2025. Just last week, the S & P 500 closed above 5,300 for the first time. His bull case of 6,350 represents roughly 20% upside over the next 12 months for the S & P 500. Deutsche Bank's Binky Chadha hiked his S & P 500 target to 5,100, noting the benchmark could pop to 5,500. But market strategists on average are anticipating the S & P 500 will fall to 5,220 by the end of 2024, according to CNBC's Market Strategist Survey .

Persons: Morgan, Mike Wilson, Wilson, Morgan Stanley's, Brian Belski, Chadha, Dubravko, Bujas Organizations: CNBC Market, Deutsche

☆ A top Wall Street bear has turned bullish on stocks, boosting his S&P 500 price target by 20%
▼ + stars: | 2024-05-20 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

In a note on Sunday, Mike Wilson increased his S&P 500 price target by 20% to 5,400. Morgan Stanley's CIO Mike Wilson ditched his bearish call in a note on Sunday, increasing his 12-month S&P 500 price target by 20% to 5,400. AdvertisementWilson's base-case S&P 500 price target of 5,400 is derived from a 19x price-to-earnings multiple on 12-month forward earnings per share estimate of $283 by June 2026. Wilson first turned bearish on US stocks in 2021, correctly warning of a potential 20% decline in the S&P 500. JPMorgan maintains a year-end price target of 4,200 for the S&P 500, representing potential downside of 21% from current levels.

Persons: Morgan, Mike Wilson, Wilson, —, Morgan Stanley's, Dubravko, Marko Kolanovic Organizations: Service, Wilson, JPMorgan

☆ What to Know About Mohammad Mokhber, Iran’s Acting President
▼ + stars: | 2024-05-20 | by ( Alissa J. Rubin | ) www.nytimes.com time to read: 1 min

With the death of President Ebrahim Raisi, Iran’s first vice president, Mohammad Mokhber, becomes acting president. Mr. Mokhber is a conservative political operative with a long history of involvement in large business conglomerates closely tied to Iran’s supreme leader, Ayatollah Ali Khamenei. In a statement on Monday, Mr. Khamenei said that Mr. Mokhber must work with the heads of the legislature and judiciary to hold elections for a new president within 50 days. Vice presidents in Iran are typically low profile, operating more as players within the government than as public figures. “Iran’s vice presidents have traditionally not been contenders to succeed their bosses,” said Robin Wright, a joint fellow at the U.S. Institute of Peace and the Wilson Center in Washington.

Persons: Ebrahim Raisi, Iran’s, Mohammad Mokhber, Mokhber, Ayatollah Ali Khamenei, Khamenei, “, ”, Robin Wright Organizations: U.S . Institute of Peace, Wilson Center Locations: Iran, Washington

☆ Artist Kehinde Wiley denies accusations of sexual assault
▼ + stars: | 2024-05-20 | by ( Stephy Chung | Nicole Mowbray | ) edition.cnn.com time to read: +4 min

CNN —Kehinde Wiley, the American artist best known for painting former US President Barack Obama’s official portrait, has denied accusations of sexual assault. In an Instagram post shared Sunday, British-Ghanaian artist and curator Joseph Awuah-Darko alleged Wiley sexually assaulted him twice in 2021. Awuah-Darko said the first incident occurred on June 9, 2021, at a dinner held at the Noldor Artist Residency in Ghana, to celebrate Wiley’s work. In Sunday’s Instagram post, he wrote that reporting the assault in Ghana “would have been problematic at best — dangerous at worst,” given the country’s broader attitudes towards LGBTQ people. Wiley rose to international fame in 2017, when he was chosen to paint Obama’s official portrait for the Smithsonian’s National Portrait Gallery.

Persons: CNN — Kehinde Wiley, Barack Obama’s, Joseph Awuah, Darko, Wiley, Awuah, ” Awuah, ”, ” Wiley, “, Kehinde Wiley, Barack Obama, Mark Wilson, I’m Organizations: CNN, New York Times, Getty, ” CNN, Wiley, Ghana “, Yale University Locations: British, Ghanaian, Ghana, Accra, Washington , DC, Nigeria, New York, Ghana’s

☆ Meet the Mars family, heirs to the Snickers and M&M's candy empire, who avoided the limelight for years
▼ + stars: | 2024-05-20 | by ( Hillary Hoffower | Sarah Jackson | ) www.businessinsider.com time to read: +2 min

The company has been criticized for not giving enough, especially as one of the largest private companies in the US. In 2012, Jacqueline Mars received the first-ever Foundation for the National Archives' "Heritage Award," for her support of the National Archives and other arts and cultural institutions in Washington, DC. The US Equestrian Team Foundation, of which she is an honorary life trustee, also gives Jacqueline B. Mars National Competition and Training Grant awards each year. Jacqueline also played a role merging the Opera with John F. Kennedy Center for the Performing Arts and made a multi-year commitment to support the Washington Performing Arts' programs. The Mars Wrigley Foundation supports educational and health-related causes by "providing oral health education and care, improving lives in mint and cocoa-growing regions, and creating resilient and vibrant communities," according to its website.

Persons: Mark Wilson, Jacqueline Mars, Jacqueline B, Grant, Jacqueline, John F Organizations: Mars Inc, Smithsonian National Museum of, Foundation, National Archives, US Equestrian Team Foundation, Mars National, Team, Kennedy Center, Performing Arts, Washington Performing Arts, Mars Wrigley Foundation Locations: Washington ,, Paris

☆ Inside Oracle's Deadly Gamble on Cerner and Electronic Health Records
▼ + stars: | 2024-05-20 | by ( Ashley Stewart | Blake Dodge | ) www.businessinsider.com time to read: +29 min

That was the promise of Cerner, the medical-records company Oracle bought in 2021 for $28.3 billion — Oracle's biggest acquisition. At the time, Cerner managed the electronic health records for a quarter of all American hospitals, including those run by the Pentagon and the Department of Veterans Affairs. Larry EllisonCerner's electronic records, in short, were a deadly disaster for the VA. Never mind the futuristic, AI-driven healthcare system Ellison envisioned. In 2015, it beat out Epic, its main competitor, for a $4.3 billion contract to handle electronic health records for the Defense Department. It had agreed to process tens of millions of crucial medical records, but it couldn't handle the subsequent deluge of data.

Persons: Larry Ellison's, Ellison, Cerner, I'm, Larry Ellison, Neal Patterson, Cerner's, Patterson, Ellison's, they're, David Shulkin, Margaret Albaugh, Cerner couldn't, Charlie Bourg, —, Larry, Marc Benioff, Ellison protégé, Mike Wilson, David Agus, oncologist, Agus, he'd, Steve Jobs, Sensei, We've, Georges De Keerle, Cerner —, hadn't, Mike Sicilia, Sicilia, Oracle, Anthony Jones Jr, Jones, Donald Remy, didn't, Seema Verma, Neil Evans, Sara Vaezy, Ed Meagher, haven't, Charlie Monroe —, it's, Charlie Bourg —, Bourg, Charlie Monroe, Monroe, Cathy McMorris Rodgers, grandkids, We're, there's Organizations: Oracle's, Oracle, Pentagon, Department of Veterans Affairs, Cerner, RAND Corporation, RAND, Big Tech, GE, Siemens, Cerner Corporation, Defense Department, Department of Defense, Business, Spokane, Ellison Institute of Technology, Microsoft, Agency, Health, Amazon, Veterans ' Affairs, Oracle Health, Navy, Columbus VA, BI, Life Sciences, Intermountain Health, UPMC, DOD, Seabees Locations: Las Vegas, antiaging, Silicon Valley, Spokane , Washington, Cerner, VistA, Bourg, Washington, Sicilia, Ohio, Columbus, Providence, Spokane, Monroe, CloudWorld

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