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CNN Voter Guide: All the info you need to make your voice heard

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DraftKings stock falls after Hindenburg Research reveals short position

In this article DKNGVIDEO1:4701:47DraftKings shares plunge following Hidenburg's short callSquawk BoxShares of sports-betting firm DraftKings fell Tuesday after Hindenburg Research announced it had taken a short position against the stock. The stock, which has been one of the best performers on Wall Street since going public through a merger with a special purpose acquisition company last year, was down more than 8% in early trading. In the report, Hindenburg compares DraftKings' valuation to that of rival firms and questions the company's promotional spend and future potential in the highly competitive sports-gambling landscape. The report also alleges that SBTech, a European technology company that merged with DraftKings as part of the SPAC deal, generates significant revenue from questionable gambling practices in overseas markets, particularly in some Asian markets. DraftKings did not immediately respond to a request for comment. Hindenburg is a relatively new short ..

GLAAD CEO on why she put off coming out at work: ‘There were no lesbians who had big careers’

This story is part of the Behind the Desk series, where CNBC Make It gets personal with successful business executives to find out everything from how they got to where they are to what makes them get out of bed in the morning to their daily routines. Sarah Kate Ellis was named President and CEO of GLAAD, the world's largest LGBTQ media advocacy organization, in early 2014 after a successful career as a media executive at top magazine brands such as Real Simple, InStyle and Vogue. Though Ellis, 49, is now a happily married mother of two, who fights for LGBTQ+ rights, it took her a long time to come out at work during the late '90s and early 2000s. "I wanted to succeed," Ellis tells CNBC Make It. "And I felt that once I came out at work, I wouldn't be known for my work; I would be known for my identity. And that's what stalled me for so long." According to a new LinkedIn survey, nearly a quarter of LGBTQ+ professionals in the U.S. hide their lives at work, forgoing p..

Apple’s new Beats Studio Buds look and feel better than AirPods but lack a big feature

Beats Studio BudsBeatsThe Beats Studio Buds from Apple are now available for purchase for $149.99. I've been testing them for about a week and, in some ways, they're better than Apple's regular $159 AirPods. They're more comfortable. They're also the first set of headphones from Apple that quickly pair with iPhones and Android devices. Still, you'll miss out on important options that AirPods offer if you own multiple Apple devices. Apple owns Beats, so Apple wins whether you buy AirPods or these new earbuds. But, by making it easier than AirPods to pair with Android devices, it now has buds that will appeal more to people who don't even own iPhones. It's smart. Here's what you need to know. What's goodBeats Studio BudsTodd Haselton | CNBCThe Beats Studio Buds look better than AirPods. They don't have the long stem that hangs down below your ear. They're small and fit snuggly inside my ear canal, and they stayed in even during ..

GM-backed Cruise secures $5 billion credit line as it prepares to launch self-driving robotaxis

In this article GMCruise OriginCruiseCruise, a majority-owned subsidiary of General Motors, has secured a new $5 billion line of credit as it prepares for commercialization of its autonomous ride-hailing business. The new credit, announced Tuesday, is being provided by GM's automotive financing arm to use for the purchase of Cruise's self-driving Origin shuttles, which GM is expected to begin producing at a factory in Detroit in early 2023. It brings Cruise's war chest to more than $10 billion, according to Cruise CEO Dan Ammann. "$10 billion. It's a big number. However, when you think about what we're building - safer, cleaner, and more accessible transportation for the world - you quickly realize it's also a necessary number," Ammann said in a blog post. "This is an incredibly exciting time for Cruise." VIDEO5:0005:00GM Cruise CEO on his ride-share outlook post-pandemicPower LunchUltimately, GM Finance is providing Cruise credit instead of the company at..