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Tesla — The electric vehicle stock gained more than 3% after a Roth MKM upgrade to buy from neutral. The firm cited President-elect Donald Trump's close ties with CEO Elon Musk as a positive catalyst for Tesla's brand. Gap — Shares of the clothing retailer moved nearly 7% higher after receiving an upgrade to overweight at JPMorgan. Analyst Mike Harris said both cyclical and structural factors, including Trump's views on trade, could aid earnings growth for the broader industry. Dana — The auto parts manufacturer surged 14% on the heels of Barclays' upgrade to overweight from equal weight.
Persons: Pat Gelsinger, David Zinsner, Michelle Johnston Holthaus, Tesla, Roth, Donald Trump's, Elon Musk, Stellantis, Carlos Tavares, Tavares, Goldman Sachs, Mike Harris, Goldman, Okta, Morgan, Morgan Stanley, Dana —, Yun Li, Sarah Min, Sean Conlon, Alex Harring Organizations: Intel, JPMorgan, Commercial Metals Company —, Metals, Barclays Locations: Cleveland, Commercial Metals Company — Cleveland
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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Full weight of tariffs' on China could send the yuan to 8.42: BarclaysMitul Kotecha, Head of Asia FX and EM Macro Strategy at Barclays, explains why he thinks the Chinese authorities will have to depreciate the currency to mitigate the impact of tariffs.
Organizations: Barclays Mitul Kotecha, Asia FX, Barclays Locations: China
AdvertisementBrian Chesky and Nvidia's Jensen Huang avoid one-on-one meetings with subordinates. "You become like their therapist," Chesky told Fortune. Yet one person who studies meetings said making an employee feel heard can have "amazing" outcomes. Meetings are the main way Airbnb's Brian Chesky gets work done. Although he has many direct reports, Nvidia CEO Jensen Huang also prefers to skip one-on-one meetings.
Persons: Brian Chesky, Nvidia's Jensen Huang, Chesky, they're, Fortune, Jensen Huang, Huang, Steven G, who's, Rogelberg, Aditya Agarwal, Agarwal Organizations: Nvidia, Stripe, University of North Locations: University of North Carolina, Charlotte
CNN —The White House has been spruced up and transformed into a gilded winter wonderland after more than 300 volunteers and residence staff spent the holiday weekend decking the halls for the final time under the Biden administration. The theme of this year’s decorations, the Office of the First Lady announced Monday, is a “season of peace and light,” drawing on the spirit of the holiday season – and the décor hewed closely to the theme, with thousands of twinkling lights and floating paper doves. May the promise of this ‘Season of Peace and Light’ guide your path forward.”The White House welcomes approximately 100,000 visitors each holiday season, touring the festive displays from the East Wing through the Library, the Vermeil Room, the China Room, the Diplomatic Reception Room and more. Last week, Jill Biden welcomed this year’s official tree from Cartner’s Christmas Tree Farm in North Carolina. Jill Biden will welcome National Guard families to be the first to tour the decorations later Monday.
Persons: Biden, we’ve, Joe Biden, Jill Biden, Hurricane Helene, Bryan Rafanelli Organizations: CNN, White, National Guard Locations: China, North Carolina, Hurricane, Nantucket
The best Cyber Monday cashmere sales are hosted by brands featured in our guides to the best cashmere sweaters, so it's the ideal to time to save. If you only buy one cashmere sweater today, I firstly recommend Naadam, which currently has 60% off select styles. And if you're feeling generous while perusing these deals and think of others on your holiday shopping list, check out our guide to the best Cyber Monday deals overall. The best Cyber Monday cashmere dealsEverlane The Square Neck in Cashmere $101.00 $168.00 Save 40% This slim-fitting, slightly cropped sweater is made from recycled cashmere. Check out our roundup of all of the best Cyber Monday deals.
Persons: Sally Kaplan Organizations: Business Locations: J.Crew, Cashmere, Quince
AdvertisementVolodymyr Zelenskyy has been pushing this week for NATO to invite Ukraine to join its alliance. He said on Sunday that NATO's self-defense pact wouldn't have to apply to Ukraine's occupied territory. Ukrainian President Volodymyr Zelenskyy said on Sunday that his country could join NATO without the alliance's collective self-defense agreement applying to its territory occupied by Russia. Related Video Zelenskyy calls out Russian 'genocide' in Ukraine, demands action at UNSpeaking at a press conference in Kyiv, Zelenskyy said that any invitation for Ukraine to join NATO still has to recognize all of its territory as Ukrainian, including areas occupied by Russia. There would be no obligation for the rest, which is the Ukrainian territory seized by Russia in the east.
Persons: Volodymyr Zelenskyy, Zelenskyy, Vladimir Putin, Donald Trump, Trump, , Putin, they're Organizations: NATO, UN, Sky News, Ukraine Locations: Ukraine, Russia, Moscow, Kyiv, Kharkiv, Ukrainian, Germany, Slovakia, Hungary, Canada, Turkey
But here's the thing: It's not just that tens of thousands of middle managers have lost their jobs. But hiring had plunged by 43% for middle managers and 57% for senior leaders. But it's unclear whether getting rid of middle managers actually made companies run more efficiently. But study after study found that when middle managers do their jobs right, they bolster performance more than either top executives or ground-level employees. Companies are already discovering that having few middle managers is placing an enormous strain on their operations.
Persons: they've, Mark Zuckerberg, Andy Jassy, Elon Musk, , we've, I've, What's, they'd, They're, Rick, I'm, Zuckerberg, There's, they're, Zers, Aki Ito Organizations: Citi, Amazon, Revelio Labs, Supervisors, Data Technologies, Business Locations: Domino's
Bellroy, the Australian accessories brand, has some of the best wallets and bags we've tested, and now is the best time of year to shop. For Cyber Monday, the company's only sitewide sale of the year, offers 25% off everything over $75. We've tested the brand's products extensively and have featured several of its wallets in our guides for the best men's wallets and best slim wallets. Top 3 Bellroy Cyber Monday deals Snap up the highly coveted Apex Slim Sleeve for less than $100. Check out our roundup of all of the best Cyber Monday deals.
Persons: We've Organizations: Business, Insider's, Bellroy, lefties, Tokyo Tote, tote Locations: Tokyo
CNN —For the first time since a ceasefire went into effect last week, Hezbollah has fired two projectiles toward Israeli-occupied territory, responding to repeated Israeli strikes since the agreement. Hezbollah had fired two projectiles, which landed in an open area on Monday, according to the Israeli military, which said no one was injured. A senior Israeli official said Friday that the military intends to aggressively and unilaterally act against any ceasefire violations by Hezbollah. Under the agreement, Lebanon would implement a more rigorous supervision of Hezbollah’s movements south of the country’s Litani river, to prevent militants from regrouping there. United Nations peacekeeping troops, the Lebanese military, and a multinational committee will be tasked with supervising the Iran-backed group’s movements.
Persons: Benjamin Netanyahu, Gideon Sa’ar, Sa’ar, ” Sa’ar, , Israel, Har Dov, Mount Dov, Matthew Miller, , ” Miller, Amos Hochstein Organizations: CNN, Lebanese Ministry of Health, Israeli, Israel Defense Forces, Kan, United Nations, Lebanon “, Hezbollah, IDF, US State Department, State Department, UN, Lebanese Locations: Israel, Lebanon, , Beqaa, Syrian, United States, UNIFIL, Beirut, Shebaa, Syria, U.S, France, Iran
A driver for an independent contractor to FedEx delivers packages on Cyber Monday in New York, US, on Monday, Nov. 27, 2023. Stephanie Keith | Bloomberg | Getty ImagesConsumers are increasingly concerned that their online orders may not arrive in time for the holiday — and rightfully so. More than half of shoppers — 54% — are worried about shipping delays this season, according to a survey of nearly 1,000 adults by BadCredit.org. watch nowIn a period of such high volume, third-party shippers are particularly strained, according to Lauren Beitelspacher, a professor of marketing at Babson College. An ongoing labor shortage also means that some companies simply cannot hire enough workers to sort, transport and deliver packages on time.
Persons: Stephanie Keith, Patrick Kelleher, Lauren Beitelspacher, Beitelspacher, we've Organizations: FedEx, Bloomberg, Getty, Consumers, BadCredit.org, Monday, DHL Supply, North, CNBC, Babson College, Finance Locations: New York, North America
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe idea of a big China stimulus coming proved to be completely wrong: China Beige Book COOShehzad Qazi, China Beige Book COO, joins 'Squawk Box' to discuss the company's November report, impact of President-elect Trump's tariff proposals on Chinese factories, state of China's economy, stimulus plans, impact of Trump's election victory, and more.
Persons: Shehzad Qazi Locations: China
The retired detective was accused of using his position as a police officer in Kansas City, Kansas, to sexually assault vulnerable Black women over the course of decades. Prosecutors said in court filings that Golubski hand-picked his victims because he was confident they would never be believed. The second case accused him of being in cahoots with a drug kingpin in the sex trafficking of underage girls. Developments were chronicled on the front pages of the local newspaper, The Kansas City Star, and resulted in a crusading newspaper columnist winning one of journalism’s highest honors — a Pulitzer Prize. “This trial will turn entirely on victim credibility,” prosecutors wrote in a court filing last year.
Persons: CNN —, Roger Golubski, Golubski, Chris Joseph, Joseph, Prosecutors, Lamonte McIntyre, , Jay, Roc, ” Prosecutors, Golubski’s, , Kristen Clarke, Kate E Organizations: CNN, Authorities, Golubski, Kansas City, Kansas City Star, , FBI, Department of Justice’s Civil Rights Division, U.S, District of Locations: Kansas, Topeka, Kansas City , Kansas, Washington, District of Kansas
Russian and Syrian fighter jets struck targets across territory seized by rebels in northwestern Syria on Monday, according to Syrian state media and the Syrian Observatory for Human Rights. The forceful response made clear that Russia, one of Syrian President Bashar al-Assad’s staunchest allies, intended to keep supporting him in the face of a sudden rebel advance. It is not yet clear whether they will be able to help hold off the rebels. On the other side, the rebels’ startling gains appeared to embolden the opposition in exile, with one of its leaders demanding on Monday that Mr. al-Assad commit to a political transition. The opposition leader, Hadi al-Bahra, spoke from Turkey as rebels continued their advance through Aleppo, once Syria’s largest city, and the surrounding areas.
Persons: Bashar al, Assad’s, Al, Assad, al, Hadi al Organizations: Syrian, Human Rights, Mr Locations: Syrian, Syria, Russia, Iran, Turkey, Aleppo
Learn moreFor many, New Balance is synonymous with dad shoes. Below are some popular styles on sale, plus tips on where to find all the best Cyber Monday New Balance deals. For more of today's top discounts, check out our guide to the best Cyber Monday deals. The best Cyber Monday New Balance dealsNew Balance 1906R - Men's $99.99 $155.00 Save 35% Dad shoes are on-trend and it doesn't get more "dad shoe" than the 1906Rs. Check out our roundup of all of the best Cyber Monday deals .
Persons: it's, Taylor Swift Organizations: Business
Sturti | E+ | Getty ImagesWhen shopping for a home, many buyers may hope to avoid purchasing a property subject to a homeowners association. In 1970, there were 10,000 community associations with about 2.1 million residents, per the Foundation. The entity is an affiliate organization of Community Associations Institute, a membership group for HOAs and other community organizations. HOA membership is more common in some areas. About 60% of surveyed homeowners reported having a positive experience with their community, according to Frontdoor.
Persons: Thomas M, Skiba, Steve Horvath, Frontdoor Organizations: Finance, Census, Foundation for Community Association Research, Community Associations Institute, CNBC, HOA, American National Bank of Texas Locations: U.S, HOA, an, homebuyers, HOAs, Florida, HOA United
Some of the very best menswear deals include sitewide sales at Bonobos, Todd Snyder, and Everlane. The best Cyber Monday deals on shirts, sweaters, hoodies, pajamas, and blazersThis Black Friday, we're seeing amazing deals on all sorts of tops. View at BonobosCyber Monday sales on jeans, dress pants, and comfortable bottomsBonobos is one of our favorite places to shop for the best men's dress pants, and they're on sale for Cyber Monday. Additionally, you'll find many deals on the best men's jeans from brands like Todd Snyder, Abercrombie, and Levi's. View at BonobosBonobos Gramercy Premium Jeans $104.30 $149.00 Save 30% Yes, Bonobos does jeans as well as they do chinos.
Persons: There's, Todd Snyder, You'll, Ralph Lauren, Timberland, Tommy John's, Bonobos, Ralph Lauren Polo, Ralph Lauren Polo Bear, Ralph Lauren Ralph Lauren, Ralph Lauren Adidas, Adidas Ralph Lauren Loopback, Ralph Lauren Bonobos, you'll, Abercrombie, Fitch, Jean, Amir Ismael, We've, L.L.Bean Baxter, Bean, Barbour, Todd Snyder Todd Snyder, Allbirds, it's Organizations: Business, Black, Todd Snyder Luxe, Montauk Polo, Oxford, Adidas, Abercrombie, Abercrombie & Fitch, Chino, Parka, luxe, Nike, Tree, Nike Adidas, Adidas Adidas Locations: Cardigan, chino, Columbia, Baxter, L.L, Bean Fjallraven, Beaufort, Todd, Patagonia, Black, Olive
Britain's Supreme buys Typhoo Tea out of administration
  + stars: | 2024-12-02 | by ( ) www.cnbc.com   time to read: +1 min
UK, Essex, Harlow, senior man holding a cup of tea whilst sitting on his garden patio in the morning. Britain's Supreme has bought out loss-making tea brand Typhoo Tea from administration in a 10.2 million pound ($12.94 million) deal, the fast-moving consumer products seller said on Monday. The 120-year-old tea brand had fallen into administration in November due to declining sales and mounting debt pressures. Supreme also expects to further its retail footprint with the acquisition, taking advantage of Typhoo Tea's expansive supply relationship with all major UK supermarkets and discounters. Typhoo Tea, the first pre-packaged tea brand in the UK, made about 20 million pounds in revenue and pre-tax losses of about 4.6 million pounds for the year ended Sept. 30.
Organizations: Britain's Locations: Essex, Harlow, Merseyside
CNN —The 2024 NFL regular season is approaching its final quarter and that means wins become that much more important. He has now missed a career-high eight field goals this season and his 10 total missed kicks lead the NFL. Jackson continued his MVP-candidate season with 237 passing yards and two touchdowns as well as 79 yards on the ground. Bills clinch playoff spot in snowy conditions after historic QB statlineFootball under the lights and with snow on the field is a sight to behold. Steelers tie NFL record after high-scoring win over BengalsThe Pittsburgh Steelers continued their excellent season, tying an NFL record with their high-scoring victory over the Cincinnati Bengals on Sunday.
Persons: Jalen, Saquon Barkley, Justin Tucker, Tucker, he’s, Greg Fiume, ” Tucker, , I’ve, Lamar Jackson, John Harbaugh, ’ I’m, ” Harbaugh, he’ll, Justin Tucker’s, ” Tucker's, Patrick Smith, Tucker’s, Jackson, Josh Allen, Allen, Amari Cooper, Cooper – Allen, Jahmyr Gibbs, Allen Rice, Hailee Steinfeld, ” Allen, Christian McCaffrey, Kyle Shanahan, McCaffrey, Timothy T Ludwig, Getty, Achilles, Brock Purdy –, , Isaac Guerendo, San Francisco, Russell Wilson, Najee Harris, Mike Tomlin’s, Burrow, Jeff Dean, Joe Burrow, ” Burrow Organizations: CNN, NFL, Eagles, Ravens, Philadelphia Eagles, Baltimore Ravens, T, , Getty, Bills, Buffalo, Sunday, Football, San Francisco 49ers, Highmark, Detroit Lions, Super, AFC East, Kansas City Chiefs, AFC, NBC, 49ers, Bay Area, San, NFL.com, Steelers, Bengals, Pittsburgh Steelers, Cincinnati Bengals, Pittsburgh, Paycor, Dallas Cowboys, Cincinnati, Los Angeles Chargers, Atlanta Falcons Pittsburgh Steelers, Cincinnati Bengals Houston Texans, Jacksonville Jaguars Arizona Cardinals, Minnesota Vikings Indianapolis Colts, New England Patriots Seattle Seahawks, New York Jets Tennessee Titans, Washington, Tampa Bay Buccaneers, Carolina Panthers Los Angeles Rams, New Orleans Saints Philadelphia Eagles, Baltimore Ravens San Francisco 49ers, Buffalo Bills Locations: Baltimore, Maryland, San Francisco, Cincinnati
As the chief human resources officer at AARP, Marjorie Powell devotes much of her professional energy to meeting the needs of the multigenerational workforce. Related Video "We've been using AI all along." How LinkedIn is using AI, according to VP of Marketing Minjae Ormes. AdvertisementHow did AARP handle the introduction of AI in its workforce? Many employers are using AI tools in hiring, but there are concerns about potential bias.
Persons: Marjorie Powell, AARP's, Powell, we're, you've, boomers, I've, I'm Organizations: AARP, Microsoft, Companies, Tech Locations: AARP's
For Cyber Monday, Mint Mobile is offering a couple of promotions that offer even more value to new members. The best Mint Mobile Cyber Monday deals include discounts on select three-month and 12-month plans. The best Mint Mobile Cyber Monday dealsMint Mobile (Any 3-Month Plan) $45.00 $90.00 Save 50% All of Mint Mobile's three-month plans are now discounted for new customers. View at Mint MobileMint Mobile Cyber Monday FAQsIs Mint Mobile good? For instance, you can get a Google Pixel 9, the brand's latest flagship phone, for $500 off from Mint Mobile.
Organizations: Business, Mobile, Mint Mobile, . Mint Mobile, Google, Mint, Mint Mobile Mint Mobile, Apple, Samsung
The annual Coursera Plus subscription typically costs you $399, but now, it's only $239 — a deal we may not see again. Coursera Plus exemplifies how online learning has revolutionized professional development by offering unlimited access to over 7,000 courses. While Coursera has free enrollment with per-course payment options, a Coursera Plus subscription supplies unrestricted access to the entire course catalog at a fraction of the typical cost. View at Coursera Highlights Unlimited access to over 7,000 coursesLearn on your preferred device at your own paceEarn industry-recognized credentialsCyber Monday Coursera FAQsIs Coursera free? While Coursera provides free course previews and registration, earning official certifications or degrees requires subscribing to Coursera Plus or buying individual courses.
Persons: Coursera Organizations: Business, IBM, Google, Meta, Microsoft, Coursera, University of Michigan, UC Berkeley Locations: Georgetown, Coursera
The ExpressVPN Cyber Monday deals are especially impressive and offer savings on both one and two-year plans. One-year plans cost $99.95 and throw in four free months (buying you 16 months total), and two-year plans cost $149.70 and throw in six free months (buying you 30 months total). For additional savings opportunities, check out our guide to the best Cyber Monday deals. ExpressVPN Cyber Monday dealsExpressVPN One Year Plan (w/ 4 Extra Months Free) $99.95 $207.20 Save 52% ExpressVPN's one-year plan offers major discounts plus an extra four months free. Check out our roundup of all of the best Cyber Monday deals.
Persons: There's, VPNs, ExpressVPN, You'll Organizations: Business, Theft Insurance
President Biden arrived on Monday in Cape Verde, an island nation off the coast of Africa, for the first stop of the only trip to sub-Saharan Africa of his presidency, a journey shadowed by his decision to pardon his son of tax and gun convictions. Air Force One touched down for refueling at Amílcar Cabral International Airport on the island of Sal on a bright, sunny morning, before continuing on to Angola, where the president will work to bolster American ties. While waiting for the plane to be readied for the next leg of the flight, Mr. Biden met at an airport lounge with Ulisses Correia e Silva, the prime minister of Cabo Verde. The president is scheduled to arrive by evening in Luanda, the Angolan capital, where he will visit a slavery museum and highlight a new $1 billion rail corridor as a primary example of his administration’s plan to help lift the region’s economy.
Persons: Biden, Ulisses Correia e Silva Organizations: Air Force, Amílcar Locations: Cape Verde, Africa, Saharan Africa, Sal, Angola, Cabo Verde, Luanda, Angolan
That means its ongoing Kindle Unlimited deal will leave soon, and time is running out to score 3 months for $1. Kindle Unlimited is a powerful service that, while not necessary for Kindle enjoyment, goes hand-in-hand with owning one. The best Cyber Monday Kindle Unlimited dealsAmazon Kindle Unlimited Subscription (3 Months) $1.00 $35.97 Save 97% Amazon's Kindle Unlimited offers access to millions of e-books and thousands of audiobooks as part of a monthly subscription. Best used with a Kindle e-readerCyber Monday Kindle Unlimited FAQsWhat is Kindle Unlimited? It usually costs $12 a month, making this ongoing Cyber Monday Kindle Unlimited deal an especially great call.
Persons: we've, you've Organizations: Business, Amazon, Kindle
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