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Evening links — October 2, 2026

by LizDiscuss

Rick Santelli says goodbye after nearly 30 years at CNBC <Talking Biz News>
Bon voyage, Rick Santelli. CNBC will be much less entertaining without him.

Ikea to shutter 3 small-format plan and order stores <Retail Dive>
One Georgetown shop opened less than a year ago; closing it alongside two other plan-and-order locations complicates Ikea’s small-store experiment, launched amid a $2.2 billion U.S. expansion plan.

David Ellison has a new name for the combined Paramount and WBD <Business Insider>
The proposed $110 billion combination would take the name of Ellison’s original film studio, Skydance, while Paramount and Warner Bros. remain the legacy brands; the merger has not yet closed.

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Talking Heads

CNBC Talking Head Jenny Harrington is holding the bag on NYCB losses

by Lew1 comment

Jenny Van Leeuwen Harrington, CEO of Gilman Hill Asset Management and frequent CNBC contributor, owns up to holding on to her NYCB stock, which is in free-fall today and down ~60% over the last week.

Here’s the video:

She calls the management team “arrogant” and excoriates regulators on allowing the merger with Signature Bank.

She claims that she’s reduced it to a small position, but as recently as January, she was calling it “oversold” on social media and acknowledging that her followers had jumped into the position on her recommendation:

Friends, a lot of you followed me into $NYCB - I'm still digesting thoughts following the call. It was the most counterproductive guidance that I've ever heard

But down -30%+ - I'm pretty certain there's just wayyy too much negative emotion and that it's oversold

Another Tweet the next day saw her sticking by the position and begging “plssss don’t let me regret that statement!”

Updated thoughts on $NYCB:

Now, I think that there's Regional Bank Panic 2.0 PSTD going on & I do not think it's founded.  (plssss don't let me regret that statement!)

For now, still holding.  Stk historically has traded @ or abv Tang BV - which is $10.60

Seems oversold
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