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☆ Grammy Awards winners list (updating live)
▼ + stars: | 2024-02-04 | by ( Lisa Respers France | ) edition.cnn.com time to read: +5 min

CNN —Winners of the 66th Grammy Awards, the music industry’s top prize, are being presented on Sunday. The ceremony is taking place in rainy Los Angeles, where Trevor Noah is hosting the event for a fourth time. The nominees in several top fields can be found below. Winners are indicated in bold and are being updated live throughout the show. The full list of winners in all 94 Grammy categories can be found here.

Persons: Trevor Noah, SZA, Phoebe Bridgers, Billie Eilish, Barbie ”, “ Oppenheimer ”, Taylor Swift, “, ” She’s, ”, Janelle Monáe, Jon Batiste, Lana Del Rey, Miley Cyrus, Olivia Rodrigo, Eilish, Bill ” Taylor Swift, Victoria, Coco Jones Gracie Abrams Fred, Noah Kahan Victoria Monét, Kelly Clarkson, Ed Sheeran, ” Taylor Swift, Brandi Carlile, Miles ” SZA, Karma, Jack Antonoff Dernst, ” Emile II, Daniel Nigro, Edgar Barrera Jessie Jo Dillon Shane McAnally Theron Thomas, Justin Tranter, Mike, “ Michael ”, ” Nas, Travis Scott, Kendrick Lamar, ” Drake, Rich, Osborne, “ Brothers Osborne ” Kelsea, ” Lainey Wilson, Tyler Childers, “ Rustin ’, Zach Bryan, Zach Bryan ”, Brandy Clark, Chris Stapleton, Dolly Parton, Luke Combs, Greta Van, Coco Jones, Emily King, Walker, Chris Brown, Robert Glasper, Alex Isley, Bill ” Victoria, ” PJ Harvey, Amapiano ” Burns, David, Ayra Starr, ” Tyla, “ Barbie, ” Mark Ronson, Andrew Wyatt, ” Ludwig Göransson, ” John Williams, “ Indiana Jones, “ Oppenheimer Organizations: CNN, “, Swift, Hit Boy Metro, Drake, Metro Boomin, “ Scientists, Engineers, Queens, Pumas, Foo, Boys Locations: Los Angeles, Dua Lipa

☆ 8 more of our stocks report earnings next week. Here's what we want to see
▼ + stars: | 2024-02-03 | by ( Zev Fima | ) www.cnbc.com time to read: +13 min

The three major averages posted gains for the fourth week in row, lifted by strong quarterly earnings results for most of the Big Tech companies and a strong jobs report. A weaker ADP Employment report on Wednesday provided no read-through to the monster January jobs report Friday. Here's what we're keeping an eye on in the coming week: 1. Earnings: It's another big earnings week head for the portfolio, with 8 more of our companies reporting. Consistency is what we appreciate most from nat gas giant Linde , so we're hoping for another quarter of solid earnings growth Tuesday.

Persons: Estee Lauder, Eli Lilly, Mounjaro, Nelson Peltz, Estée Lauder, Tyson, CARR, Jacobs, Willis Towers Watson, Edwards, Walt Disney, Oscar Health, Philip Morris, Armour, BAX, BILL, Jim Cramer's, Jim Cramer, Jim, George Frey Organizations: Big Tech, Dow Jones Industrial, Nasdaq, PMI, Apple, Starbucks, Procter, Gamble, GE Healthcare, DuPont, Linde, Ford, General Motors, Trian Partners, Disney, ESPN, Wynn Resorts, Wynn, Vegas, Prix, Estée Lauder Companies, Caterpillar, McDonalds Corp, Allegiant Travel, Bowlero Corp, Tyson Foods, TSN, Air Products & Chemicals, IDEXX Laboratories, CNA Financial Corp, CNA, Timken Company, Graham Corporation, Mesa Laboratories, Sphere Entertainment, Loews Corp, Technologies, Vertex Pharmaceuticals, Semiconductors, Simon Property Group, Amkor Technology, FMC Corporation, FMC, BellRing Brands, Crown Holdings, ChampionX Corporation, Golub Capital BDC, Flexsteel Industries, Kilroy Realty Corp, Gladstone Capital Corp, Unibanco, S.A, Snack Foods Corp, Kimball Electronics, Skyline Corp, Cabot Corporation, Simpson Manufacturing Co, Varonis Systems, Co, GE HealthCare, Linde plc, LIN, Spotify Technology S.A, BP, Hertz Global Holdings, AeroSystems Holdings, Toyota Motor Corp, Cummins, CMI, Software Technologies, AGCO Corporation, Carrier Global Corporation, Lear Corp, CONSOL Energy, Centene Corporation, Gartner, Arcbest Corp, CTS Corporation, Energizer Holdings, Hamilton Lane Incorporated, KKR, Precision Drilling Corporation, Frontier Group Holdings, Waters Corp, Alfa Laval, Aramark Holdings Corp, FirstService Corporation, Garden Sports Corp, New Jersey Resources Corp, nVent Electric plc, PJT Partners, Resources, Sensata Technologies, Ford Motor Company, Enphase Energy, Grill, VF Corp, Edwards Lifesciences Corp, Gilead Sciences, Lumen Technologies, Cognizant Technology Solutions Corp, Weatherford International plc, Amcor plc, Arrowhead Pharmaceuticals, Advanced Energy Industries, Uber Technologies, CVS Health, Roblox Corporation, Ares Capital Corp, Bunge, XPO Logistics, Scotts Miracle, Gro Company, Berry Global, Flex LNG, Equinor ASA, Griffon Corporation, OneMain Holdings, Brookfield Asset Management, Emerson Electric Co, Hilton Worldwide Holdings, Reynolds Consumer Products, Silicon Laboratories, Brands, Sciences, CDW Corp, Fox Corporation, WYNN, PayPal, Arm Holdings plc, ARM, Axcelis Technologies, Mattel, Paycom, Annaly Capital Management, McKesson Corp, Health Corporation, O'Reilly Automotive, Allstate Corp, Fluence Energy, Power Systems, Digital Turbine, Blue Bird Corp, Everest Group, Omega HealthCare, Coty, COTY, ConocoPhillips, Cameco Corp, Philip Morris International, Spirit Airlines, Hershey Company, Lightspeed Commerce, Aurora Cannabis, Lincoln National Corp, P, Tenet Healthcare Corp, Asbury Automotive Group, Arrow Electronics, Baxter International, PetMed, Boyd Gaming Corp, FirstEnergy Corp, Motorola Solutions, Terex Corp, PepsiCo, Growth, AMC Networks, Owl, American Pipeline, TELUS International, Magna International, Newell Brands, Jim Cramer's Charitable, CNBC, Bloomberg, Getty Locations: U.S, China, Macau, Wynn Macau, Valvoline, VVV, ALFVY, Madison, New Jersey, Gilead, Ceridian, ORLY, Paycor, Aurora, Provo , Utah

☆ President Joe Biden wins South Carolina Democratic Primary, NBC News projects
▼ + stars: | 2024-02-03 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

President Joe Biden has won the South Carolina Democratic primary, NBC News projects. Running against Biden were House Rep. Dean Phillips, D-Minn., and self-help author and 2020 Democratic candidate Marianne Williamson. NBC News' Decision Desk projects that Biden will be awarded all 55 Democratic delegates in South Carolina. South Carolina holds open primaries, which means any voter registered in the state is permitted to vote in either party's primary. The president did not win the 2020 Democratic primary in New Hampshire.

Persons: Joe Biden, Biden, Dean Phillips, Marianne Williamson, Donald Trump, —, Williamson, Phillips, Nikki Haley, Biden's Organizations: Flex, South Carolina Democratic, NBC, Biden, Democratic, Republican, South, Palmetto State, . South, The Palmetto, Democratic National Committee, DNC, Democratic Party Locations: U.S, West Columbia, South Carolina, Nevada, Las Vegas, ., . South Carolina, , New Hampshire, New Hampshire

lydia polgreenSure, but a few things — one thing that was elided in a lot of the discourse about men falling behind really, really, really under emphasized or just ignored the racial component of it. I just don’t — I don’t —ross douthatYeah, there were like five. That’s a really, really, really big shift. Are women going to pay a disproportionate price for childbearing in terms of their economic potential? But I think — Ross wrote a column about just how freaking weird the bizarre conspiracy theories about Taylor and Travis are.

Persons: ross douthat, polgreen, polgreen Oh, — ross douthat, Carlos Lozada, lydia polgreen I’m, Carlos Lazada, ross, michelle cottle, Lozada, lydia polgreen, Jimmy Carter, — ross, Jimmy Carter lusted, michelle cottle Oh, Jimmy, I’m Michelle Cottle, ross douthat I’m Ross Douthat, Lydia Polgreen, lydia polgreen Hoo, Carlos, Gen, topsy turvy, Ronald Reagan, Ross, Bill Clinton, Michelle, — michelle cottle, there’s, John Burn, Murdoch, Lydia, it’s, —, Taylor Swift, I’m, It’s, Roe, Let’s, Let’s —, That’s, I’ve, Andrew Tates, who’s, you’re, We’re, Don’t, we’ve, ” I’m, Trump, — Trump, michelle cottle It’s, Brett Kavanaugh, they’re, let’s, don’t, he’s, ross douthat It’s, michelle cottle Let’s, michelle cottle That’s, couldn’t, Jesus, that’s, michelle cottle We’ve, Taylor, — michelle cottle Travis Kelce, lydia polgreen Travis, — Ross, Travis, Marjorie Taylor Greene, Rush Limbaugh’s feminazis, lydia polgreen Feminazis, michelle cottle There’s, michelle cottle You’re, michelle cottle I’ll, lydia polgreen —, we’re, — michelle cottle Partypalooza, sleepovers, — michelle cottle Ah, lydia polgreen Congrats Organizations: New York, Goldwater Republicans, Bill Clinton Democrats, Democrat, Republicans, Confederation, YouTube, Trump, Public Religion Research Institute, South Korea —, Pinterest Locations: American, US, Germany, United Kingdom, South Korea, Poland, Mars, United States, America, France, Korea, Northeast Asia, Africa, Mozambique, Saharan Africa, Europe, New York City, Manhattan

☆ The US, Russia and China are in a race to dominate new-wave nuclear energy — and win global influence
▼ + stars: | 2024-02-01 | by ( Angela Dewan | Ella Nilsen | ) edition.cnn.com time to read: +12 min

Russia's floating nuclear power plant, Akademik Lomonosov, leaving the service base Rosatomflot on August 23, 2019. For some experts, nuclear energy — in all forms, large or small — has an important role to play in that transition. Globally, the construction of conventional nuclear power plants dipped following the Chernobyl meltdown in 1986. Russia has already built or designed nuclear plants — the traditional type — for China, India, Bangladesh, Turkey, Slovakia, Egypt and Iran. “It certainly dampens the excitement abroad,” said John Parsons, a senior lecturer at MIT and a financial economist focused on nuclear energy.

Persons: Akademik Lomonosov, Biden, Lomonosov, Maxim Shemetov, “ There’s, ”, Josh Freed, China —, Vladimir Putin’s, Bill Gates ’, Luo Yunfei, Kirsten Cutler, they’re, Cutler, ” Cutler, They’re, John Parsons, John Kerry, Thomas Mukoya, Way’s Freed, “, ” Parsons, Mohammed Hamdaoui, ” Hamdaoui, “ It’s Organizations: CNN, Reuters, European Union, International Energy Agency, Energy, World Nuclear, IEA, US, SMR, US Export, Import Bank, International Development Finance Corporation, GE Hitachi Nuclear Energy, China, Changjiang, China News Service, Nuclear Energy, US State Department, “, MIT, InfluenceMap, The State Department, Nuclear Regulatory Commission, NRC, Rystad Energy Locations: Alaska, Russian, Russia, China, European, Japan, India, South Korea, Europe, Dubai, America, Poland, North Carolina, Southeast Asia, Bangladesh, Turkey, Slovakia, Egypt, Iran, Lomonosov, Siberia, Russia’s, Washington, Bill Gates ’ TerraPower, Wyoming, Changjiang Li Autonomous County, Hainan province, United States, Oregon, Idaho, United Arab Emirates

SRINAGAR, India (AP) — For decades, India has focused its defense policy on its land borders with rivals Pakistan and China. Unless you are a maritime power you can never aspire to be a global power,” Chawla said. India, already a regional power, is positioning itself “as a global player today, an upcoming global power,” he said. Though we don’t own it, but we are probably the most capable and responsible resident naval power,” Chawla said. Chawla said India doesn't have “strength to project power into the South China Sea right now” because of the vast Chinese maritime assets there.

Persons: Adm, Anil Kumar Chawla, “, ” Chawla, ”, Darshana, Chawla, it’s Organizations: Pakistan, Hamas, U.S, Carnegie Endowment, International, Ocean Initiative, NATO Locations: SRINAGAR, India, China, Yemen, Iran, Tehran, Red, Gaza, U.S, Visakhapatnam, Marshall, Gulf, Aden, Picardy, “ China, South China, Beijing, Bangladesh, Sri Lanka, Maldives, Australia, Japan, Pacific, South, Asia, asia

☆ Lively and Elegant and Not at All Dry Chicken Breasts
▼ + stars: | 2024-01-31 | by ( Melissa Clark | ) www.nytimes.com time to read: 1 min

Getting chicken breasts right is a flex, but a tricky one. The delicate white meat, so low in fat, can go from supple to chalky in only one distracted, phone-checking, heartbreaking minute. Pierre Franey’s five-star recipe for chicken breasts with lemon solves this problem by searing the chicken quickly on both sides until golden brown and then building a sauce in the same skillet. The pan sauce is rich and tangy, filled with shallots, thyme, two full teaspoons of grated lemon zest and, of course, butter (a French cook’s answer to most things). And the chicken emerges tender and redolent of citrus and herbs.

Persons: Pierre Franey’s, Pierre

☆ Street Style Levels Up to Couture
▼ + stars: | 2024-01-28 | by ( Simbarashe Cha | More About Simbarashe Cha | ) www.nytimes.com time to read: +1 min

Couture week is by no means an outlier on the fashion calendar. But this season, the shows seemed to really find their stride with a dialogue that was consistent between the runway and the streets. Street style was especially inspiring with an elegance that departed from the more subdued looks we saw last summer. The inspiration was particularly felt at Jean Paul Gaultier, where the guest designer Simone Rocha debuted her first couture collection. As for Schiaparelli, the show — packed with its usual wall-to-wall celebrities including Jennifer Lopez and Zendaya — opened with a model carrying a sparkly robot baby.

Persons: Jean Paul Gaultier, Simone Rocha, Jennifer Lopez, Zendaya —, Viktor, Rolf, Maison, John Locations: Couture

LOS ANGELES (AP) — Women lead the major categories at the Grammys this year – names like SZA, Taylor Swift, Victoria Monét, Phoebe Bridgers, Olivia Rodrigo and Brandy Clark top the list. If Taylor Swift wins for “Midnights,” she will become the first artist in Grammy history to win the top prize four times. (And, conversely, artists it loves to nominate but not award: both Lana Del Rey and Miley Cyrus have yet to receive a Grammy. I'd love to see a Cyrus win, but I’ve been burned before! She’s tied with the likes of Taylor Swift and Miley Cyrus with six nominations, and I think it is her time to finally take home a trophy.

Persons: Taylor Swift, Victoria Monét, Phoebe Bridgers, Olivia Rodrigo, Brandy Clark, Maria Sherman, Jonathan Landrum Jr, ” Jon Batiste, ”, ” Miley Cyrus, Lana Del Rey, ” Janelle Monáe, “, ” Taylor Swift, I’m, Swift’s, Jon Batiste —, Swift, Billie Eilish, Lady Gaga, Justin Bieber, it’s, Batiste, Victoria, ” Olivia Rodrigo, Victoria Monét’s, Monét, I'm, Jack Antonoff, Sam Dew, ” Jack Antonoff, Dan Wilson, ” Caroline Ailin, Mark Ronson, Andrew Wyatt, Gregory Aldae Hein, Michael Pollack, ” Rob Bisel, Carter Lang, Solána Rowe, ” Daniel Nigro, Billie Eilish O’Connell, Finneas O’Connell SHERMAN, Jon Batiste, Miley Cyrus, Barbie ”, ” isn’t, Gracie Abrams, Fred, Coco Jones, Noah Kahan, Samara Joy, there’s, Mama, It’s, SHERMAN, ” Taylor Swift SHERMAN, Rodrigo, Cyrus, Keem, Kendrick Lamar, Rich, ” Drake, Eryn Allen Kane, Baby Keem, Drake, Mike ’, Andre, Future’s hoarse, Kane’s, Mike, —, ” It's, Flash’s, ” Tyler Childers, Luke Combs, Dolly Parton, ” Chris Stapleton SHERMAN, she’s, Doc Watson, She’s, Luke Comb’s, Tracy Chapman, Parton, Combs, Chris Brown, ” Robert Glasper, Alex Isley, ” Coco Jones, There’s, Jones, Justin Timberlake, Bill ”, I’d, ” Ana Bárbara, Lila Downs, ” Flor De Toloache, “ Amor, ” Lupita Infante, America –, Flor de Toloache, Lupita Infante, Pedro Infante, LANDRUM, He’ll, Ana Bárbara, Vincente Hernandez Organizations: ANGELES, Press, Entertainment, SHERMAN, “, Recording Academy, Eilish, The Recording Academy, Rockstar, Dallas Cowboys, Washington Commanders, Stapleton, BEST, ICU, De, Regional, Christian, CBS, Paramount Locations: Victoria, Dua Lipa, America, American

☆ CNBC Daily Open: U.S. economy's state of play
▼ + stars: | 2024-01-25 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Jonathan Ernst | ReutersWhat you need to know todayThe bottom lineAll eyes will be on the state of the U.S. economy as the first official reading of fourth-quarter GDP data drops Thursday morning. "Data released [Thursday] may in retrospect turn out to document the one quarter of true 'Goldilocks' conditions," Citi economist Andrew Hollenhorst wrote. Since 2016, a slew of government data was published the day before the GDP report — namely, information on business inventories and trade, which are part of the GDP calculation.

Persons: Joe Biden, Jonathan Ernst, Andrew Hollenhorst, Ian Shepherdson, Shepherdson, —, Jeff Cox Organizations: CNBC, Flex, Reuters, Citi, Pantheon Locations: U.S, West Columbia, South Carolina

☆ Some student-loan borrowers could get extra money from their school under a new Education Department proposal
▼ + stars: | 2024-01-23 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

Read previewPresident Joe Biden's Education Department has kicked off another round of negotiations to craft new rules for higher education — and it could get some student-loan borrowers extra cash. One of the department's proposals concerns how schools manage students' meal plans. AdvertisementThe department will continue negotiations on these regulations in February and March sessions with stakeholders, with the opportunity for public comment. Along with the cash management proposals, the department is also in the regulatory process of crafting its second attempt at student-debt relief for borrowers. "Failing to finalize a proposal to provide relief for borrowers experiencing hardship would result in millions of borrowers — including most recent graduates, many low-income borrowers, borrowers of color, and borrowers with disabilities — being left out of the necessary debt relief," nearly 70 advocacy groups sent to Education Secretary Miguel Cardona last week.

Persons: —, Joe Biden's, They're, Biden's, Education Secretary Miguel Cardona Organizations: Service, Joe Biden's Education, Business, Education Department, Higher, Education Secretary

☆ Corporate America's loyalty problem is on display in Big Tech
▼ + stars: | 2024-01-22 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

In today's big story, we're looking at how there's no more loyalty in corporate America between employers and their workers. Business Insider's Aki Ito, who has covered workplace trends better than anyone, dove into the deterioration of loyalty in corporate America. The best example of the deterioration of loyalty in corporate America these days is in Big Tech. AdvertisementOne year later, Big Tech's layoffs are back and could become the new normal, Business Insider's Peter Kafka writes. However, the best representation of the growing employee-employer chasm in Big Tech is at Google.

Persons: —, hustleharder, Insider's Aki Ito, they're, Insider's Peter Kafka, Kali Hays, BI's Eugene Kim, Ashley Stewart, Long, Sundar Pichai, BI's Hasan Chowdhury, Brian Moynihan, Moynihan, Laura Labovich, Asher, Emerson, Bill O'Leary, there's, Frederic J . Brown, haven't, Christian Dior, Dan DeFrancesco, Diamond Naga Siu, Hallam Bullock, Jordan Parker Erb Organizations: Service, Big, Workers, Amazon MGM Studios, Big Tech, Google, OsakaWayne, Investment, New, Bank of America's, Fed, Washington, Getty, Meta, OpenAI Mafia, Shoppers, Spotify, Couture, United Airlines, The, Business Locations: America, Big Tech, Big, Bethesda, That's, Paris, New York, San Diego, London

Support for abortion rights drove women to the polls during the 2022 midterm elections, delivering Democrats unexpected success. Still, Democrats believe abortion will be a key motivator for base voters and help expand their coalition. Biden aides and allies point to recent elections that have overwhelmingly shown that, when voters can choose, they have chosen to safeguard abortion rights. According to an Associated Press-NORC Center for Public Affairs Research poll, among Democrats, nearly nine in 10 say abortion should generally be legal. But it also underscores a pervasive fear among Republican candidates and voters alike that vocalizing their desire to further restrict abortion rights in 2024 might be politically dangerous.

Persons: Donald Trump, Wade, “, Joe Biden's, Joe Biden, Kamala Harris, Roe, ”, Julie Chavez Rodriguez, Biden, Harris, Jill Biden, Doug Emhoff, Trump, Bill Clinton's, Timmaraju, ’ ”, Benjamin Watson, “ Roe, Dobbs, Xavier Becerra, ” Becerra, Alanna Durkin Richer, Amanda Seitz, Linley Sanders Organizations: WASHINGTON, —, Republican, Democratic, Democrats, AP VoteCast, Trump, Biden, Jackson, Health Organization, National Abortion Rights, League, Associated Press, NORC, for Public Affairs Research, Republicans, NFL, Fox News, Health, Human Services Locations: Roe, Wisconsin, Virginia, Texas, Dobbs v, Iowa, America, California, East Coast, Boston

☆ Earnings playbook: Your guide to the biggest reports this week, including Netflix and Tesla
▼ + stars: | 2024-01-21 | by ( Fred Imbert | ) www.cnbc.com time to read: +10 min

Nearly 70 S & P 500 companies are slated to report earnings this week. Of the roughly 52 S & P 500 companies that have reported, just 69% have beaten earnings expectations, according to FactSet. What history shows: Bespoke Investment Group data shows United beats earnings expectations 70% of the time. What history shows: Bespoke data shows Netflix exceeds earnings estimates 81% of the time. What history shows: Bespoke data shows Alaska Air tops bottom-line estimate 72% of the time.

Persons: Buckle, Leslie Josephs, Max, Procter & Gamble, Robert Ottenstein, Procter, headwinds, Trian's Nelson Peltz, —, Alan Gould, Jordan Novet, Tesla, TSLA, Elon Musk, Elon, Jefferies, Philippe Houchois, INTC, Timothy Arcuri Organizations: Netflix, Intel, Investors, CNBC, Monday United Airlines, Boeing, Max, Alaska Airlines, FAA, Procter &, Procter, Gamble, HBO, IBM, ISI, Alaska Air Group, Alaska Air, Nvidia, AMD, UBS Locations: Alaska, U.S, China, Europe

South Africa’s genocide case has put the spotlight on a deeper fault line in global geopolitics. Jaafar Ashtiyeh/AFP/Getty ImagesReactions from the Global North to the ICJ case have been mixed. “This war is a war that is not only between Israel and Hamas,” Israeli President Isaac Herzog told MSNBC in December. “It’s a war that is intended – really, truly – to save Western civilization, to save the values of Western civilization.”So far, no Western countries have supported South Africa’s case against Israel. Traditionally, the West has wielded significant influence in international affairs, but South Africa’s move signals a growing assertiveness among Global South nations that threatens the status quo, says Adekoya.

Persons: CNN —, Israel, ”, Nesrine Malik, ” Israel, Benjamin Netanyahu, “, Jaafar Ashtiyeh, Biden, ” Remi Adekoya, Nelson Mandela, Yasser Arafat, ” Hugh Lovatt, Garry Andrew Lotulung, ” Lovatt, Lovatt, Israel –, Tembeka Ngcukaitobi, Alaister Russell, Isaac Herzog, Hage Geingob, Berlin’s, Namibians, ” Adekoya Organizations: CNN, Israel, International Court of Justice, Guardian, Hamas, West Bank, Getty, US, UN, University of York, Palestine Liberation Organization, North Africa, European Council, Foreign Relations, Global, Arab League, ICJ, West, ”, International, MSNBC, ZDF, Dhaka Tribune, Germany Locations: South Africa, Johannesburg, Israel, The Hague, Gaza, South, Africa, Sudanese, United States, Europe, Ramallah, West, AFP, England, PLO, East, Indonesian, Jakarta, Indonesia, Anadolu, China, Soviet, Ekurhuleni, Germany, German, Germany’s, Namibia, Namibian, Bangladesh, Pakistan

☆ Zuck's GPU flex will cost Meta as much as $18 billion by the end of 2024
▼ + stars: | 2024-01-19 | by ( Kali Hays | ) www.businessinsider.com time to read: +3 min

Meta CEO Mark Zuckerberg upped the ante this week by disclosing how many of these graphics processing units Meta will have by the end of 2024. AdvertisementTo that end, Meta will have purchased about 350,000 Nvidia H100 GPUs by the end of 2024. And overall the company will own roughly 600,000 of these types of chips, if you include other similar GPUs, Zuckerberg noted. A single Nvidia H100 GPU is estimated to cost about $30,000 although other estimates put the cost as high as $40,000. And similar GPUs from other providers may be cheaper than Nvidia's offerings.

Persons: —, Mark Zuckerberg, Zuckerberg, Meta, Meta's Ray Organizations: Service, Business, Meta, Nvidia, AMD, Reality Labs, AIs, Employees

☆ Read the email Wayfair's CEO sent to staff announcing that it's laying off 13% of its workforce
▼ + stars: | 2024-01-19 | by ( Grace Dean | ) www.businessinsider.com time to read: +10 min

Wayfair said on Friday that it was cutting 13% of its global workforce, or around 1,650 workers. This came only weeks after CEO Niraj Shah sent a companywide email saying Wayfair was "back to winning" but also warning that staff should be careful with its money. AdvertisementNorth American staff would receive an email shortly letting them know whether their roles had been affected, while laid-off staff in Europe had already begun discussions with HR about the next steps, Shah said. Read the full email Shah sent to Wayfair staff below. First, I want to be clear that there are many things at the company that are going well.

Persons: Wayfair, Niraj Shah, Shah, we've, you'll, Covid, – Organizations: Talent, Covid Locations: Europe, North America, Wayfair

☆ Liquor lockers are revolutionizing how the elite have a nightcap
▼ + stars: | 2024-01-19 | by ( Priya Raj | ) www.businessinsider.com time to read: +5 min

Read previewLiquor lockers, also known as bottle keeps, are popping up in bars and members' clubs across the globe. They allow patrons to buy a bottle of alcohol and store it at the establishment to be consumed at a later date. AdvertisementLiquor lockers provide a home away from homeThe Whiskey Locker at The Other House resident's club in South Kensington, London. "We've had members buy some exclusive bottles, come in and do exactly that — show off," he added. Though the venue has 120 spaces for bottles, Gow told BI they have been extremely popular and they're quickly running out of space.

Persons: —, Priya Raj, James Semenowycz, Liam Simmons, Tom Dixon keyring, Simmons, Kyle Gow, they've, Gow, We've, It's Organizations: Service, Business, Soho House, Co Inc, Pan, BI Locations: South Kensington, London, Pan Pacific London, Edinburgh, Scotland, San Francisco, New York

☆ Here are Friday's biggest analyst calls: Nvidia, Netflix, Apple, Starbucks, Marvel, Coinbase, IBM, Amazon & more
▼ + stars: | 2024-01-19 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Goldman Sachs upgrades Fiverr to buy from neutral Goldman said the Israeli online marketplace is well positioned for AI. Bank of America reiterates Amazon as buy Bank of America said it's standing by its buy rating on Amazon shares. Bank of America downgrades Celsius to neutral from buy Bank of America says it sees "uncertainty to sales momentum" for the energy drink company. Deutsche Bank names Starbucks a top pick Deutsche says it sees an improved same-store sales environment for Starbucks in 2024. Bank of America upgrades Teekay Tankers to buy from neutral Bank of America upgraded the tanker stock due to "rising rate upside."

Persons: Stifel, McKhann, thoughtfully, Goldman, Goldman Sachs, FVRR, Raymond James, TXN, Oppenheimer, Morgan Stanley, ASML, Citi downgrades Blackstone, Carlyle, it's bullish, headwinds, Evercore, Price, Apple Evercore, Janney, Jefferies, Hertz Organizations: Broadcom, Semiconductor, Enterprise, Nvidia, Bank of America, Amazon, North, Holdings, Netflix, Deutsche Bank, Starbucks, Deutsche, SSS, UBS, Texas, Barclays, Nokia, Ericsson, Citi downgrades, Citi, BMO, Marvel, " Bank of America, United Rentals, of America, IBM, Enterprise IT, Apple, Shoals Technologies, Inc, HSBC, Discover, Motorola Solutions, HERTZ Locations: North America, 4Q, 2026E, CY24

☆ For 2024, the quiet luxury trend is out and 'loud budgeting' is in — here's how to make the most of it
▼ + stars: | 2024-01-19 | by ( Jessica Dickler | ) www.cnbc.com time to read: +3 min

But in 2024, there's a new idea taking hold that overtly rejects the urge to overspend and promotes speaking up about saving money — welcome to the era of "loud budgeting." What is loud budgeting? TikTok's loud budgeting trend encourages consumers to take control of their finances and be vocal about making money-conscious decisions, rather than modeling purchase decisions after celebrities and their bottomless pockets — and financial experts love it. In that way, loud budgeting is "it's almost more chic, more stylish, more of a flex." How to jump on the loud budgeting trend

Persons: there's, Joe, Lukas Battle's, Erica Sandberg, Sandberg, SoFi, Allison Bornstein, bougie, isn't, Yuval Shuminer, Shuminer Organizations: Facebook, Finance Locations: Europe

When Iran launched a barrage of airstrikes this week into Iraq, Syria and Pakistan, it was not just showing off the reach and sophistication of some of its newest missiles but also staking a claim: This is a new era in which Iran can flex its muscles at will and, as an added benefit, bolster its credentials as an important arms supplier. In at least one of the attacks — a strike that Tehran claimed targeted the Islamic State terrorist group in Idlib, Syria — Iran appeared to make use of one of its longest-range and most advanced missiles, the Kheibar Shekan. Both the range and the apparent accuracy seized the attention of national security officials in Europe and Israel, as well as outside experts who track Iran’s technological advances. The combination of its newest missiles and its fleet of drones, which Russia has been purchasing by the thousands for use in Ukraine, has helped Iran become the producer of some of the most sophisticated weaponry in the Middle East. And Tehran’s willingness to intervene — as a supplier to its proxy forces in the region and to Moscow — may well complicate American calculations as the Pentagon considers the question looming over the widening Middle East conflict: Could it lead to a direct conflict with Iran?

Persons: — Organizations: Islamic State, Pentagon Locations: Iran, Iraq, Syria, Pakistan, Tehran, Idlib, Europe, Israel, Russia, Ukraine, Moscow

Two accused Moreno and Bernie Moreno Cos. of gender and age discrimination, respectively. The third, in which Moreno was not named, alleged race discrimination against a dealership run by a BMC subsidiary. A campaign spokesman said that the two employees who sued Moreno directly now support his Republican U.S. Senate campaign and that Moreno, who was born in Bogotá, Colombia, prided himself on giving equal opportunities to all his workers. Female former dealership supervisor Cara Wilson, then of Streetsboro, in Portage County, alleged Moreno repeatedly belittled her about being a mother, sometimes in front of her peers. In response to the AP's reporting, the Moreno campaign produced an open letter signed by 23 former female employees vouching that he treated them fairly and respectfully.

Persons: — Bernie Moreno, Moreno, Bernie Moreno Cos, Donald Trump, Frank LaRose, Sen, Matt Dolan, “ Bernie Moreno, MAGA, ” Trump, Jim Jordan, Ohio, Ken Blackwell, Democratic U.S . Sen, Sherrod Brown, Brown, Cara Wilson, Streetsboro, belittled, ”, Wilson, Moreno “, Ronell Thompson, Peter Mabley, Thompson, Dolores Wolfe, Wolfe, Conor McGuinness, “, Bernie, Robert Foehl, Foehl, it's, “ It’s, Andres Gomez Organizations: Trump, Senate, Cleveland, Associated, BMC, Republican U.S, Ohio, GREAT, United States Senate, U.S . Rep, GOP, Democratic U.S ., AP, Akron Infiniti, M9 Motors, Ohio University, M10 Motors, Gables Infiniti Locations: COLUMBUS , Ohio, Cuyahoga County, Bogotá, Colombia, Ohio, Portage County, Akron, Cleveland, Rocky, New York, U.S, Florida

☆ 7 ways the labor market looks like it's in recession mode despite a low unemployment rate
▼ + stars: | 2024-01-17 | by ( William Edwards | ) www.businessinsider.com time to read: +1 min

Read previewThe US labor market has continued to flex its muscles amid a historically aggressive Federal Reserve tightening cycle. This story is available exclusively to Business Insider subscribers. The unemployment rate is 3.7%, not too far from an over five-decade low of 3.4% hit in April 2023. While the headline number is strong, however, there are indications under the surface that the job market is weakening — perhaps even to a worrying degree. Below, we've compiled six charts showing how the labor market is softening to the same degree seen in prior recessions in some ways.

Persons: —, we've Organizations: Service, Business

☆ ‘That’s Bidenomics at work': White House eager to take credit for retail sales bounce
▼ + stars: | 2024-01-17 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

The White House eagerly took credit Wednesday for December's strong retail sales numbers, which beat expectations due to higher consumer spending during the holiday season. "That's not an accident, that's Bidenomics at work," Press Secretary Karine Jean-Pierre said at a press briefing. Retail sales popped 0.6% in December, above the 0.4% Dow Jones projection. The White House reported last week that it had received nearly 16 million small business applications in the first three years of Biden's presidency. Wednesday's retail sales victory lap came hours after the White House took fresh aim at corporate junk fees, issuing new regulations on big banks for overdraft fees.

Persons: Joe Biden, that's, Karine Jean, Pierre, Dow Jones, Biden, Jean, Biden's, Pierre said, White, Donald Trump Organizations: Flex, White, White House, Biden, Republican Locations: U.S, West Columbia, South Carolina

☆ Goldman says this solar tech stock can surge nearly 50%
▼ + stars: | 2024-01-16 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

The investment bank initiated coverage of the solar technology company with a buy rating, simultaneously setting a 12-month price target of $62. Nextracker is the world's largest supplier of solar trackers, devices that optimize solar panels by tracking the sun's path. The company's shares have fallen nearly 10% in 2024 after Nextracker completed its spinoff from Flex on Jan. 2. "We note that the value of the credits [for solar trackers] are actually among the most lucrative across all solar components," wrote Goldman Sachs analyst Brian Lee. "The [total addressable market] for solar trackers globally amounts to approximately close to 5X the size of the U.S. market, with a penetration of ~20%-30% (vs. ~80% in the U.S.)."

Persons: Goldman Sachs, Nextracker, Goldman, Brian Lee, Lee, — CNBC's Michael Bloom Organizations: Nextracker, Flex, NXT Locations: U.S

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