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☆ United Methodist Church embraces the LGBTQ after decades of division
▼ + stars: | 2024-05-05 | by ( Chelsea Bailey | ) edition.cnn.com time to read: +8 min

Courtesy Neighborhood Church AtlantaA church at war with itselfThe United Methodist Church has been at war with itself for decades over its stance on homosexuality. In 2019, the United Methodist Church’s governing body opened a temporary window for congregations to petition to leave over the issue. Andy Oliver reacts after the United Methodist Church removes a rule forbidding "self-avowed practicing homosexuals" from being ordained or appointed as ministers. And yet you stay, and you fight because you know, a better church is possible.”A sign outside the Allendale United Methodist Church in St. Petersburg, Florida. Andy OliverThe Real Work BeginsThe United Methodist Church, is one of the largest mainline Protestant Christian denominations in the United States, according to the Pew Research Center.

Persons: Andi Woodworth, Woodworth, Anjie, ”, “, that’s, ” Woodworth, Anjie Woodworth, Rev, Kristin Stoneking, “ We’ve, “ There’s, ” Anjie, she’s, …, Andy Oliver, Chris Carlson, Robert “ BJ ” Jackson, Oliver, Jackson, Tim, Tim’s, he’s, ” Oliver, Jackson’s, ‘, BJ, – John Wesley –, Billy Hester, Hester, disaffiliate, ” CNN’s Justin Gamble Organizations: CNN, Neighborhood Church, United Methodist Church, Methodist, Church, United Methodist, Christian, “, Conference, Network, Allendale United Methodist Church, Pew Research Center, Asbury Memorial Church Locations: Atlanta , Georgia, Atlanta, Church Atlanta, Allendale, St . Petersburg , Florida, United States, Savannah , Georgia, Savannah

☆ How Donald Trump, Joe Biden and grassroots liberals could upend Democratic politics in one of the country’s bluest states
▼ + stars: | 2024-03-24 | by ( Gregory Krieg | ) edition.cnn.com time to read: +17 min

Menendez announced Thursday that he would not run for reelection in the Democratic primary but again left open the possibility of an independent bid this summer. New Jersey Rep. Andy Kim greets supporters outside the Bergen County Democratic convention in Paramus on March 4, 2024. “Corrupt systems like the ‘county line’ in New Jersey (is) an enemy because that dissuades folks from actually getting involved. Kim speaks to delegates during the Bergen County Democratic convention in Paramus, New Jersey, on March 4, 2024. In Camden County, where the local boss keeps a tighter grip, video of another Senate candidate, progressive Patricia Campos-Medina, being blocked from entering the county Democratic convention went viral.

Persons: Andy Kim, Donald Trump, Joe Biden, Tammy Murphy, Kim, Murphy, Sen, Bob Menendez, Menendez, Phil Murphy, Seth Wenig, Olivia Liu, –, Trump, ”, Julia Sass Rubin, Rubin, ” Rubin, Sue Altman, ” Altman, Goldman Sachs, Cori Bush, Ezra Levin, Levin, ” Levin, isn’t MAGA, don’t, we’ll, Altman, Zahid Quraishi’s, ” “ I’m, ” Kim, “, Kim’s, Alexandra Altman, Katey Sabo, Matt Platkin, Platkin, Governor Murphy, ” Murphy, Mahen Gunaratna, Patricia Campos, Rachel Hodes, ” Hodes, Steven Fulop, ” Fulop, “ I’ve Organizations: Jersey City , New Jersey CNN, Democratic, Garden State, Democrats, Capitol, New, . New, . New Jersey Rep, Bergen County Democratic, Tammany Hall of, New Jersey Democratic, ”, Asbury Park Press, USA, Though New, Though New Jersey Democrats, Congressional, Democratic National Committee, Justice Democrats, Democratic Party, Families Alliance, CNN, –, Hoboken Democrats –, Hudson County Democratic Organization, Hoboken Democratic, Hoboken Democrats, Jersey City, Senate, New Jersey Republicans Locations: Jersey City , New Jersey, Trenton, South Jersey, New Jersey, Garden, ., . New Jersey, Bergen County, Paramus, Siberia, Long Branch , New Jersey, Rutgers, enmesh, Though, Though New Jersey, Alexandria, Cortez, New York, Missouri, Paramus , New Jersey, Jersey, Kim’s, Morris, Atlantic, Camden County, Medina, Hoboken

☆ Opinion | Men Are From Mercury, Women Are From Neptune
▼ + stars: | 2024-02-29 | by ( David French | ) www.nytimes.com time to read: +2 min

“Studies are showing that Gen Z men and women are getting further apart politically,” one student asked. Why are we different from other generations?”He was referring to a recent Gallup poll showing an immense political gender gap between 18- to 29-year-old women and men, driven mainly by young women turning sharply left. To begin with, the shift leftward among young women began before #MeToo, Trump’s election and Dobbs. Globally, women are moving sharply left while men are moving modestly right (except in South Korea, where men are moving significantly to the right). It’s that they’re less relevant than a series of seismic cultural changes that have led young men and young women to live increasingly separate lives — and the more they do so, the more they’ll have separate experiences and develop separate beliefs.

Persons: Donald Trump, Court’s Dobbs, Dobbs, It’s Organizations: Asbury University Locations: Lexington, Ky, South Korea

☆ 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

The final Des Moines Register/NBC News poll before Monday night's caucuses found former President Donald Trump maintaining a formidable lead, supported by nearly half of likely caucusgoers. Nikki Haley, the former U.N. ambassador and South Carolina governor, and Ron DeSantis, the Florida governor, remain locked in a close battle for second. Trump, Haley and DeSantis are fanning out across Iowa on Sunday to meet with voters. Already, Haley was forced to cancel an in-person stop because of poor weather conditions. Your guide to how Iowa worksHaley skips in-person campaign stop over weatherDUBUQUE — Haley’s campaign stop in Dubuque was canceled Sunday morning because of poor travel conditions, the campaign said about an hour before the scheduled event.

Persons: Donald Trump, Nikki Haley, Ron DeSantis, Haley, DeSantis, John Schmid, ”, It’s Organizations: Republicans, Des Moines Register, NBC, South, Trump, DUBUQUE, Voters Locations: South Carolina, Florida, Iowa, Dubuque, Asbury, He’s

INDIANOLA, Iowa (AP) — Marc Smiarowski hunched over to fight off the minus 18-degree Fahrenheit (minus 28 degrees Celsius) chill on Sunday, waiting for the doors to open for Donald Trump’s midday rally at a small college outside Des Moines. The major candidates spent Sunday in the state trying to shore up support and find Iowans who remain persuadable before the caucuses. He hopes Haley will do well in the caucuses, which he will attend despite the bitter cold. ___Fingerhut reported from Dubuque, Iowa, and Cooper reported from Phoenix. Associated Press writers Jill Colvin and Meg Kinnard in Des Moines, Iowa, contributed to this report.

Persons: — Marc Smiarowski hunched, Donald Trump’s, “, ”, Kailie Johnson, ” Johnson, Johnson, Trump, Nikki Haley, Haley, Ron DeSantis, they’re, DeSantis, CNN's, “ We’re, you’re, Kathy DeAngelo, “ Trump, ” DeAngelo, ’, Wanda Spiker, Vivek Ramaswamy, John Schmid, It’s, ___ Fingerhut, Cooper, Jill Colvin, Meg Kinnard Organizations: Las Vegas Raiders, Simpson College, Trump, Iowa Republicans, Florida Gov, “, Union, Republican, Phoenix . Associated Press Locations: INDIANOLA , Iowa, Des Moines, Smiarowski, Huneston, Iowa, CNN's “ State, Indianola, Kentucky , Ohio , Kansas , Illinois, Minnesota , Missouri , Wisconsin, Nebraska, America, Vietnam, Dubuque, Asbury, Dubuque , Iowa, Phoenix, Des Moines , Iowa

☆ Stocks making the biggest moves midday: Pinterest, Caterpillar, JetBlue, Chegg and more
▼ + stars: | 2023-10-31 | by ( Alex Harring | ) www.cnbc.com time to read: +5 min

Pinterest — Shares of the image-sharing social media platform soared 19% Tuesday, a day after the firm's third-quarter earnings report beat expectations for earnings and revenue. Pinterest also eased concerns over potential ad revenue loss due to the Israel-Hamas war, saying some of the advertisers that had initially paused spending have already returned. Caterpillar said in its earnings presentation that revenue in the fourth quarter would be just "slightly" above the same quarter a year prior. JetBlue lost 39 cents per share, excluding items, on $2.35 billion of revenue, while analysts polled by LSEG expected a loss of 25 cents per share on $2.38 billion of revenue. This was higher than the $1.58 in earnings per share on $1.48 billion in revenue that analysts had forecast, according to FactSet.

Persons: Pinterest, Busch, Jet Blue, LSEG, Wolfspeed, Chegg, Morgan Stanley, Baird, SoFi, Roku, MoffettNathanson, — CNBC's Pia Singh, Yun Li, Hakyung Kim, Lisa Kailai Han, Brian Evans, Jesse Pound Organizations: Anheuser, Busch, LSEG, Revenue, Caterpillar, JetBlue —, Jet, JetBlue, Spirit Airlines, Arista Networks, Arista, VF Corp, Vans, U.S, BP, ON, Asbury Automotive, JPMorgan Locations: Israel, LSEG, U.S

☆ Here are Tuesday's biggest analyst calls: Tesla, SoFi, Pinterest, Roku, Boeing, Apple, Shopify, Chewy and more
▼ + stars: | 2023-10-31 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

Baird downgrades ON Semiconductor to neutral from outperform Baird said it sees "pricing pressures" for the semiconductor maker. Morgan Stanley upgrades Chewy to overweight from equal weight Morgan Stanley said in its upgrade of the stock that share sell-off is overdone. " Morgan Stanley upgrades SoFi to equal weight from underweight Morgan Stanley said the risks to SoFi are more than priced in. Morgan Stanley initiates Celsius Holdings as equal weight Morgan Stanley said in its initiation of the stock that it sees a balanced risk/reward. Northcoast upgrades Boeing to buy from neutral Northcoast said in its upgrade of Boeing that it sees a "more promising long term earnings horizon."

Persons: Wells Fargo, Bernstein, Goldman Sachs, it's, Baird, Rowe Price, Tesla, Piper Sandler, Wells, Morgan Stanley, CHWY, Guggenheim, Tourmaline, AutoNation, Jefferies, underperform Jefferies, MoffettNathanson, D.A, Davidson, Northcoast, ABG, Wolfe, Phillips, PSX Organizations: Wells, MARA, Apple, Semiconductor, Citi, TROW, Deutsche Bank, Bank of America, of America, 4Q, Arista Networks, TAM, Lincoln Electric, Seaport, Guggenheim, JPMorgan, Susquehanna, WSM, D.A, Disney, Boeing, Boeing Company, Asbury Automotive Locations: Williams, Sonoma, CELH

☆ Rite Aid is planning to close about 150 locations. See if your local store is on the list.
▼ + stars: | 2023-10-17 | by ( Alex Bitter | ) www.businessinsider.com time to read: +9 min

Rite Aid filed plans to close 154 stores on Monday as part of its Chapter 11 bankruptcy. Rite Aid is the smallest of the three major drugstore chains, well behind CVS and Walgreens. Rite Aid was expected to close stores as part of its bankruptcy. Rite Aid told Insider that it considers a variety of factors when deciding to close a store, "including business strategy, lease and rent considerations, local business conditions and viability, and store performance." "We will also strive to transfer associates to other Rite Aid locations where possible," the company said.

Persons: —, Glen, Taylor, Daniel Webster, Merrick, William Penn, Redmond, Lacey Organizations: CVS, Walgreens, Service, Pennsylvania . Rite Aid, Wall Street Journal, Rite Aid, Rite, Crenshaw, Hollywood Way, San, Niguel, Yorba, Santa, Thompson Boulevard, Ventura, Atwater, Overland, Meridian, Main, Bel, Bel Air South, Park, Main Street, Lafayette, Garfield, Garden, Ford, Flint, Farmington, Whittemore Street, New Jersey :, Marshall, Bridgeton Pike, Whiting, Pike, Huntington, Jericho Turnpike, Jeff, North Street, Cesar, Chavez, Pennsylvania, Stevenson, Bethel, Union, Allentown, Fourth Street, Fifth, Washington Lane, Street, Central Avenue, Grady, Everett Locations: California, New York, Pennsylvania, Los Angeles, Rock, Centinela, Downey, Beach, Burbank, Hollywood Way Covina, Puente, Alhambra, Oceanside, San Diego, Yorba Linda, Santa Ana, Thompson, Thompson Boulevard Oxnard, Cupertino, Santa Clara, Cruz, Bellevue, Sacramento, Boulevard Ontario, Irvine, Monterey, Alvarado Street Connecticut, Bethel, Greenwood, Delaware, Newark, Hill, Wilmington, Idaho, Boise, Maryland, Elkton, Pulaski, Baltimore, Glen Burnie, Baltimore Annapolis Boulevard Massachusetts, Webster, Main Street Michigan, Fremont, Greenville, Clinton, Macomb, Sturgis, Centerville, Clinton Township, Gratiot, Shelby Township, Dyke, Jackson, Michigan, Manistee, Garden City, North, Detroit, Farmington Hills, St, Johns, Whittemore Street Lansing, Hampshire, Merrimack, New Jersey, New Jersey : West Milford, Mantua, Bridgeton, Irvington, Somerset, Williamstown, Pike New York, Brooklyn, Shore, Merrick, East Northport, Jericho, Jericho Turnpike Medford, Patchogue, West Patchogue, Kenmore, Rochester, Flushing, Levittown, Ohio, Massillon, East New Carlisle, Dayton, Youngstown, Springfield, North Street Bellefontaine, Oregon, Portland, Kensington, Brighton, Bethel Park, Pittsburgh, Greensburg, Bethlehem, Fourth Street Philadelphia, Venango, Washington, Conshohocken, Hanover, Mechanicsburg, Erie, Abington, York, Johnstown, Ardmore, Lancaster, Pittston, Wyoming, Yardley, Chester, Street Titusville, Central Avenue Virginia, Chesapeake, Pleasant, Seattle, Graham, Renton

A new accounting shows that at least 523 institutions were part of the sprawling network of boarding schools for Native American children. ‘War Against the Children’ The Native American boarding school system — a decades-long effort to assimilate Indigenous people before they ever reached adulthood — robbed children of their culture, family bonds and sometimes their lives. “The government was not done with war, so the next phase involved war against the children,” said Mr. Sherman, 83, a former aerospace engineer. Now 76, his voice grows shaky when he recounts the punishments children received — and how children were turned into punishers. Library of Congress, Chronicling AmericaA precise accounting of how many children died at Native American boarding schools remains elusive.

It’s not too late to apply for financial aid or appeal the financial aid amount that was given. “It doesn’t mean that we run out of funding,” said Phil Asbury, Director of Financial Aid at Northwestern. With the financial aid office, students shouldn’t brag or boast about grades. Explain what has changed in your situationAt Emory University, “students can contact the Office of Financial Aid at any point” with what’s called “a special-circumstances appeal,” said John Leach, Associate Vice Provost for Enrollment and University Financial Aid. Inform the school’s financial aid office right away and in some cases, financial aid can increase, he said.

Persons: It’s, ”, Phil Asbury, “ Don’t, Lissett Bohannon, “ It’s, University of Chicago’s Youssef Hasweh, Hasweh, shouldn’t, what’s, John Leach, Leach, ” Leach, FAFSA, Vicki Vollweiler, Vollweiler, Miranda McCall, Duke, ” McCall, “ Organizations: CNN, Columbia University, University of Wisconsin, University of Colorado, Education Data Initiative, Northwestern University, Aid, Northwestern, University of Chicago’s, Federal Student Aid, Emory University, Financial, Enrollment, University Financial, College Financial, “ Locations: New York City, Madison, University of Colorado Boulder, United States, Illinois

☆ Get Close: 10 Gems From the Pretenders
▼ + stars: | 2023-08-18 | by ( ) www.nytimes.com time to read: +2 min

Dear listeners,On Wednesday night, I was one of approximately 600 sardines crammed into Manhattan’s Bowery Ballroom for a very special concert. We were packed so tightly, I couldn’t move an inch; even clapping felt like a precarious use of my elbows. Did I mention it is August, in New York, and the humidity has been hovering around 75 percent for days? Because we were there, in an impossibly small club, seeing the rock legends the Pretenders. The night before, Chrissie Hynde and company had played for a crowd roughly 100 times larger, opening for Guns N’ Roses at MetLife Stadium.

Persons: Chrissie Hynde, ”, Hynde, that’s, repping Organizations: MetLife Locations: New York, Washington ,, Asbury Park, N.J, Ohio

☆ Gannett tiptoes into generative AI, giving humans the last word
▼ + stars: | 2023-06-16 | by ( Helen Coster | ) www.reuters.com time to read: +6 min

Their caution follows well-publicized generative AI gaffes at media outlets including CNET and Men’s Journal. Generative AI is a sticking point in some negotiations with the company, the union said. Other news outlets are approaching generative AI with varying levels of commitment and caution. Bloomberg, which competes with Reuters, is developing its own generative AI model, BloombergGPT, which it trained on financial data. The New York Times, Washington Post and Bloomberg declined to provide additional comment on their plans.

Persons: Larry Downing, Renn Turiano, Turiano, ”, We’re, Paul Bascobert, Nicholas Diakopoulos, Ilana Keller, Gannett, Alessandra Galloni, Miranda Marcus, Marcus, “, we’re Organizations: YORK, Gannett, Gannett Co, USA, Gannett Co's, U.S, Reuters, ” Gannett, Northwestern University, CNET, Men’s, USA Today, Journalists, Asbury Park Press, Microsoft, USA Today’s, New York Times, Washington Post, Bloomberg, BBC News Labs Locations: McLean , Virginia, New Jersey, USA, Washington

☆ Can New Jersey’s New Festival Top Coachella or SXSW? It Thinks So.
▼ + stars: | 2023-06-02 | by ( Tammy La Gorce | ) www.nytimes.com time to read: +1 min

Philip D. Murphy of New Jersey, along with the first lady, Tammy Murphy, had a vision: A new performance festival in their home state that could rival South by Southwest in Texas or Bonnaroo in Tennessee. And they had a plan to distinguish it. “Austin and Nashville are great towns,” the governor said, referring to two famous arts hubs that are connected to notable festivals. The North to Shore Festival will roam from Atlantic City to Asbury Park to Newark throughout the month. Its inaugural run will feature more than 220 acts — including music, comedy, dance and film — in 115 venues.

Persons: Philip D, Murphy, Tammy Murphy, “ Austin, Halsey, Santana, Jazmine Sullivan, Mr Organizations: Shore Locations: Murphy of New Jersey, Southwest, Texas, Tennessee, Nashville, New Jersey, Atlantic City, Asbury, Newark

☆ How to haggle with your college over financial aid
▼ + stars: | 2023-04-28 | by ( Dayun Park | ) edition.cnn.com time to read: +6 min

In some cases, filing an official financial aid appeal may even delay the deadline for putting down a deposit. Here, according to college financial aid and admissions officers, consultants and students, are the steps to take:Email, don’t call, and handle it yourself. “If there has been a significant reduction in income compared to your application, inform the school’s financial aid office; in some cases, financial aid can increase,” said Phil Asbury, Director of Financial Aid of Northwestern University in Illinois. The opportunity to increase need-based aid depends on the accuracy of your documented financial change and the financial ability of the school to make a change,” John Leach, Associate Vice Provost for Enrollment and University Financial Aid at Emory University, told CNN. Northwestern has a “priority deadline” so that the financial office can notify students early, but students can still apply for financial aid all year round.

☆ U.S. auto dealer profits ease from 2022 peak, M&A drive stays high - report
▼ + stars: | 2023-03-17 | by ( ) www.reuters.com time to read: +1 min

In 2022, profits reached an estimated $6.5 million per location for dealerships owned by public auto retailers, more than triple of pre-pandemic levels, according to the report from Haig Partners, a buy-sell advisory firm to auto dealers. But dealers still expect profits to remain over twice as high as 2019, powering demand for acquisitions in the drive to expand, the report said. "The result of high profits and strong demand is that we have seen record-high prices being paid for dealerships in the last six months," Haig said. To hit those targets, the three auto dealers would together need $48.7 billion in revenue and purchases of nearly 500 dealerships, the report said. The Haig Report tracks trends in auto retail.

☆ Sephora is dropping the beauty lines of TikTok stars Addison Rae and Hyram Yarbro
▼ + stars: | 2023-01-10 | by ( Madeline Berg | Lakshmi Varanasi | ) www.businessinsider.com time to read: +6 min

Influencer brands Item Beauty and Selfless by Hyram are being pulled from Sephora. Addison Rae launched Item Beauty in 2020, while Hyram Yarbro launched Selfless in 2021. Insider has confirmed from a well-connected industry source that Sephora will be pulling Addison Rae's Item Beauty and Hyram Yarbro's Selfless by Hyram from its shelves. Item Beauty was launched in August 2020 by Rae, who shot to internet fame by replicating viral dances on TikTok. There are bright spots among celebrity-backed brands, like Selena Gomez's Rare BeautyThat isn't to say that all celebrity-founded beauty brands have fared poorly.

☆ Car valuations have declined but won't reach '19 levels due to lack of supply, says Asbury's Hult
▼ + stars: | 2022-12-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCar valuations have declined but won't reach '19 levels due to lack of supply, says Asbury's HultDavid Hult, Asbury Automotive Group CEO, joins 'Squawk on the Street' to discuss his take on the new and used car markets, expectations for automotive valuations next year and insight into car trade-in valuations.

☆ Robert Clary, ‘Hogan’s Heroes’ star who survived the Holocaust, dead at 96
▼ + stars: | 2022-11-18 | by ( Story Reuters | ) edition.cnn.com time to read: +4 min

Reuters —Paris-born actor and singer Robert Clary, who survived 31 months in Nazi concentration camps but later co-starred in “Hogan’s Heroes,” the US sitcom set in a German World War II prisoner of war (POW) camp, has died at the age of 96. “Hogan’s Heroes” starred Bob Crane as American Colonel Robert Hogan, with Richard Dawson, Larry Hovis and Ivan Dixon playing other POWs. “Hogan’s Heroes” was popular with TV viewers during its run on the CBS network and for decades afterward in syndication even though some critics considered it in bad taste. In 1980, alarm over people trying to deny the Holocaust prompted Clary to end his self-imposed silence about his experiences. He also wrote an autobiography, “From the Holocaust to Hogan’s Heroes.”“We must learn from history,” Clary told the Reno Gazette-Journal in 2002, “which we don’t.”

☆ How Hurricane Sandy transformed the Jersey Shore into 'a playground for the rich'
▼ + stars: | 2022-11-09 | by ( Zoe Rosenberg | Dan Latu | ) www.businessinsider.com time to read: +17 min

Jersey Shore residents battled through a patchwork of programs to rebuild after Hurricane Sandy. Even 10 years after Hurricane Sandy, Barbara is still reminded daily of the mental and financial toll it took on her. Courtesy of BarbaraThe bureaucratic red tape around flood insurance and rebuild programs linked to Hurricane Sandy deepened the divide between the haves and have-nots of the Jersey Shore. Milliman, an actuarial company that works with FEMA's National Flood Insurance Program, found that about 47% of coastal dwellers had flood insurance, The Inquirer reported. "After Sandy, there was a lot more money coming in," Mery, who has built Jersey Shore homes for 15 years, told Insider.

☆ Maryland Democratic gubernatorial nominee Wes Moore says MAGA can't 'define what it means to be a patriot'
▼ + stars: | 2022-10-29 | by ( John L. Dorman | ) www.businessinsider.com time to read: +9 min

Maryland gubernatorial nominee Wes Moore is seeking to reshape how patriotism and service are discussed in the public arena. Moore, a Democrat, told Insider he won't cede the definition of patriotism to any one group or movement. Leave no one behind, ever," Moore told the crowd. "Wes Moore's campaign in so many ways is so different from the last Democratic nominee, who really focused on the progressive wing of the party. "From a political standpoint, it has also insulated Wes Moore against Dan Cox trying to say he's some sort of far-left socialist.

☆ Wall Street eyes auto industry earnings for signs of 'demand destruction'
▼ + stars: | 2022-10-19 | by ( Michael Wayland | ) www.cnbc.com time to read: +5 min

But with interest rates rising, inflation at record highs and recession fears looming, Wall Street is closely watching third-quarter earnings results and guidance for any signs consumer demand might be weakening. Spak said third-quarter earnings "should mostly be fine," with the focus being on company commentary and guidance revisions. DealersCarMax fueled Wall Street's concerns last month after the used car dealer posted one of its biggest earnings misses ever. Citing CarMax's results, J.P. Morgan analyst Rajat Gupta said the sentiment for franchised dealers' third-quarter earnings "is the most negative we have encountered since the pandemic." Other major dealers scheduled to report third-quarter earnings include Group 1 Automotive on Oct. 26, followed by AutoNation , Asbury Automotive Group and Sonic Automotive on Oct. 27.

☆ Morgan Stanley's Mike Wilson flags a key risk to earnings — and names the stocks to avoid
▼ + stars: | 2022-10-17 | by ( Zavier Ong | ) www.cnbc.com time to read: +3 min

Morgan Stanley believes U.S companies are facing an inventory problem — and it's a key risk to earnings. "The problem with inventory is two-fold: supply chain bottlenecks are clearing while demand, especially demand for goods, is slowing," Morgan Stanley strategists led by Michelle Weaver and Mike Wilson wrote in an Oct. 10 note. Morgan Stanley believes the inventory problem has now become a risk to earnings, with oversupply and lagging demand likely to weigh on companies' margins. However, although a broad problem for the market and for goods producing industries in particular, not all industries are impacted to the same degree, according to Morgan Stanley. The bank found that tech hardware and consumer retail companies are among the most at risk from excess inventory.

Lauren Taylor Wolfe co-founded Impactive Capital, an activist investment management firm focused on ESG investing for the long run. We've seen a lot of pushback come from some politicians and I think that's simply too risky. Understanding environmental risks and social risks is simply good fundamental analysis and it's simply good investing. We have too many managers, CEOs and boards focus on hitting their quarterly or annual figures and we believe that there's true opportunity to focus on long term returns, long term IRRs. And I think smart ESG initiatives is simply good business.

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