ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailClosing Bell: OvertimeAriel Cohen, Navan CEO and Pedro Franceschi, Brex CEO, join ‘Closing Bell Overtime’ to talk new partnership for corporate travel expenses.04:2514 minutes ago Source link
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LOS ANGELES — It happened in a literal blink, a quiver of Mark Vientos’ eyebrow under his sunglasses when he understood the Los Angeles Dodgers’ decision. They wanted nothing to do with Francisco Lindor, and they preferred Landon Knack face Vientos in a crucial spot.“All right, you want me up?” Vientos summarized his own look. “I’m gonna show you.”“There’s one thing that Mark doesn’t lack, and that’s confidence,” Lindor said chuckling. “That’s who he is. I’m glad he took it personal.”It takes a certain kind of confidence to view that decision by Los Angeles, to bypass your team’s obvious MVP…
U.S. interest rate cuts are unlikely to move at an aggressive pace, say market watchers. The Fed kicked off its easing cycle with a jumbo 50 basis-point rate cut in September — but subsequent ones will be milder, they said. They highlighted the better-than-expected September jobs report, renewed worries around inflation, rising yields and an economy that’s still relatively strong. Paul Christopher, head of investment strategy at Wells Fargo Investment Institute, pointed to a Fed that’s “just really not ready to cut quite so aggressively as the markets had previously priced.” “I think if you take November from a half…
Stock futures were calm on Tuesday evening as Wall Street looks to see whether equities can be rebound to record highs this week.Futures tied to the S&P 500 were down 0.1%. Nasdaq 100 futures ticked lower by 0.1%, while Dow Jones Industrial Average futures shed just 37 points.The Dow and S&P 500 both slipped from their recent records during Tuesday’s regular trading session, falling 0.75% and 0.76%, respectively. The Nasdaq Composite fell 1.01%, but is still less than 2% from its own record high. Tech stocks – semiconductors, in particular – weighed on the S&P 500 and the Nasdaq. The…
We’re a third of the way through the NFL season, and we have some answers about some teams.The Power Rankings still have some questions, though. We’re going to look at one big one for every team in this week’s rankings. These may not be the most critical queries, but we think they’re the most interesting.Your question might be: How far did the ultra-impressive Ravens and Lions move up? Please read on.Last week: 1Sunday: ByeOne Big Question: Can Sam Darnold keep it up?Everyone is waiting for the Vikings quarterback to turn into a pumpkin. He has started fast before, they say,…
Here are the stocks making notable moves after the bell on Tuesday. United Airlines — The travel stock dipped less than 1% despite United’s third-quarter report beating estimates on the top and bottom lines. United reported adjusted earnings of $3.33 per share on $14.84 billion of revenue. Analysts surveyed by LSEG were looking for $3.17 per share on $14.78 billion of revenue. United also announced a $1.5 billion share buyback. Interactive Brokers — Shares of the brokerage firm fell more than 3% after third-quarter earnings missed expectations. Interactive Brokers reported $1.75 in adjusted earnings per share, while analysts surveyed by…
It’s early days, but you fear Southampton might set a few unwanted records this season.After seven games, they are winless, with only a point to their name and just four goals scored.At least the club has the faint afterglow of success from winning promotion last season, though there is one member of their team who doesn’t even have that — and, instead, has within his sights one of the more undesirable individual records around.Step forward Ben Brereton Diaz, who has played 20 Premier League games in his career so far — six for Southampton, 14 for Sheffield United last season…
Philip Esformes booking photo by Miami-Dade County Corrections and RehabilitationSource: Miami-Dade County Corrections and RehabilitationPhilip Esformes, whose 20-year prison sentence for a massive, $1.3 billion Medicare fraud scheme was commuted in 2020 by then-President Donald Trump, was arrested over the weekend in Florida on domestic-violence related charges.Esformes is at least the seventh person who received executive clemency from Trump, and has since been charged with new crimes, according to The New York Times, which first reported this latest arrest.In August, a convicted New York drug dealer and predatory lender named Jonathan Braun, whose 10-year prison term Trump commuted in 2021,…
A combination image shows an injection pen of Zepbound, Eli Lilly’s weight loss drug, and boxes of Wegovy, made by Novo Nordisk. ReutersA version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions.Good afternoon and happy Tuesday! To no surprise, expanding Medicare coverage of costly weight loss drugs could come at a steep cost for the federal government. Allowing Medicare to cover obesity medications would increase federal spending by about $35 billion from 2026 to 2034, according to an analysis released by the U.S. Congressional…
A United Airlines Boeing 737-MAX 8 aircraft departs at San Diego International Airport en route to New York on Aug. 24, 2024.Kevin Carter | Getty ImagesUnited Airlines said Tuesday that it is starting a $1.5 billion share buyback as the carrier reported higher-than expected earnings for the busy summer travel season and forecast strong results for the last three months of the year.United expects to earn an adjusted $2.50 to $3 a share in the fourth quarter, compared with $2 a share a year earlier and the $2.68 analysts polled by LSEG estimated.Here’s what United reported for the third quarter compared with…
