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☆ Stocks making the biggest moves after hours: Nucor, Cleveland-Cliffs, Cadence Design Systems, Globe Life and more
▼ + stars: | 2024-04-22 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

First-quarter earnings of $3.46 per share fell below the FactSet consensus estimate of $3.67 in earnings per share. Alexandria Real Estate Equities — The stock advanced 1.2% after Alexandria surpassed first-quarter revenue expectations. The life sciences REIT posted revenue of $769.1 million, above the FactSet consensus estimate of $764.4 million. Packaging Corporation of America — The stock fell 1.8% in extended trading even as the maker of containerboard posted first-quarter earnings that topped estimates. Medpace — Shares dropped 4.3% after Medpace's first-quarter revenue missed estimates.

Persons: Crane, containerboard, Calix, FactSet, Simpson, Medpace, Medpace's, TrustCo, Darla Mercado Organizations: Cliffs, Cadence, Cadence Design Systems, FactSet, Globe, Crane, Alexandria Real, Packaging Corporation, America, Packaging Corp, Simpson, TrustCo Bank Corp, NY Locations: Cleveland, Alexandria, FactSet .

☆ A look at the true nature of the Chinese cyber threat inside the nation's biggest ports
▼ + stars: | 2024-03-13 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +13 min

But the Biden administration, lawmakers and ports management continue to differ in their views of the true nature of the threat. Kurt Fredrickson, a Coast Guard spokesman, told CNBC via email that even if the software is not Chinese, all software has vulnerabilities, regardless of origin. "Software is everywhere," Gene Seroka, executive director of the LA port, told CNBC in a recent interview at the TPM conference. They warn the crane software concerns are part of a much larger societal risk. He added that regardless of the origin of the crane software and the origin of a crane's manufacturing, there are ways to mitigate cyber risk.

Persons: Biden, Jay Vann, Robert Murray, it's, Kurt Fredrickson, Murray, Carlos Gimenez, Melanie Stambaugh, Greg Ehrie, Doug Vogt, Vogt, Mario Cordero, Noel Hacegaba, Cordero, Gene Seroka, Lucian Niemeyer, Trump, Niemeyer Organizations: CNBC, ABB, Germany's Siemens, Counterterrorism, Law, Intelligence, Homeland Security, U.S . Coast Guard Cyber Command, Biden Administration, People's, Capitol, National Association of Waterfront Employers, Coast Guard, Transportation, Maritime Security, of South Carolina, Northwest Seaport Alliance, USCG, American Association of Port Authorities, New Jersey Port Authority, Siemens, New, Port, Biden, North Carolina Ports, ZPMC, NC, United States Coast Guard, Samsung, U.S . Department of Homeland Security, DHS, U.S . Coast Guard, Security, Defense for Energy, National Security, Management, Maritime Transportation, Joint Force, MTS, Readiness Locations: China, Swiss, People's Republic of China, U.S, of South, China . Port of Long Beach, Tacoma, Seattle, York, New Jersey, New York, Port of New Orleans, of Long Beach, Port of Long, Port of Los Angeles, Port, Oakland, Georgia, Finland, Japan, Taiwan, Europe, Shanghai

☆ There's a point to this terrifying fox costume — it helps save fox kits' lives
▼ + stars: | 2024-03-13 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +2 min

Read previewA staff member at a wildlife center in Richmond, Virginia, had to put on an unconventional get-up while caring for an orphaned baby fox. On Tuesday morning, the Richmond Wildlife Center posted a Facebook video of a staff member feeding a kit while wearing a furry fox mask. In the video, the kit rests on a fox stuffed toy while the staff member feeds it with a syringe. The wildlife center told the AP that the fox kit will soon be transferred to the Animal Education and Rescue Organization, where it will eventually be released back into the wild. This isn't the first time wildlife staff have had to mimic the appearances of the animals in their charge.

Persons: —, Melissa Stanley, Stanley Organizations: Service, Richmond Wildlife Center, Business, Associated Press, AP, Animal Education, Rescue Organization, Biologists Locations: Richmond , Virginia, Wisconsin, China

☆ China making 'concerted effort' to dominate critical US ports equipment, Biden official says
▼ + stars: | 2024-02-29 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +7 min

SUZHOU, CHINA - FEBRUARY 27: A gantry crane hoists vehicles for export at Taicang Port's International Container Terminal on February 27, 2024 in Suzhou, Jiangsu Province of China. Gene Seroka, executive director of the Port of Los Angeles, told CNBC that Biden's executive order is a wake-up call for the port and supply chain industry. "The bottom line is that today's high-tech cranes can collect data and that is why this executive order is so important," said Seroka. "It's no secret that China has both the capability and the intent to challenge the rules based trade system. The Biden administration has positioned the executive order as part of a "whole government approach" in securing the nation's ports.

Persons: Biden, Christa Brzozowski, ZPMC, Gene Seroka, Brzozowski, Carlos Gimenez, John Vann, Vann, Wayne R, Arguin Jr, Arguin Organizations: Taicang, Getty, Department of Homeland Security, Homeland Security, Coast Guard, Transportation, Maritime Security, Shanghai Zhenhua Heavy Industries Co, Capitol, CNBC, Cyber Security Operations Center, Guard, White, Resilience, of Commerce, Defense, Coast Guard Cyber Command, US Coast Guard, U.S Locations: SUZHOU, CHINA, Suzhou, Jiangsu Province, China, Capitol, United States, U.S, Republic of China, Shanghai, Beijing, Capitol Hill, of Los Angeles, Los Angeles

☆ 10 of our stocks report earnings next week. Here's what we want to see from each
▼ + stars: | 2024-01-27 | by ( Zev Fima | ) www.cnbc.com time to read: +16 min

All three major averages posted gains for the third consecutive week, lifted by solid quarterly earnings and positive economic data. Earnings season ramps up next week, with five of the Super Six mega-cap stocks delivering results. Employment numbers are the most important economic data, with Friday's January nonfarm payrolls report carrying the most weight. The January ISM Manufacturing report on Thursday and December's factory orders report Friday are expected to show the sector still in contraction mode. But earnings and commentary this week from peer Sartorious made us encouraged about a return to growth in 2024.

Persons: nonfarm, December's, Sartorious, We've, Stanley Black, Decker, We're, We'd, Royal Philips, Crane, Woodward, ServisFirst, Cadence Bancorporation, CADE, Johnson, Phillips, Avery Dennison, Columbus McKinnon, Robinson, SIRI, Cardinal Health, Parker, DOV, Pitney Bowes, Ferrari N.V, CSW, COLM, W.W, Grainger, Dwight Co, Jim Cramer's, Jim Cramer, Jim, Tim Cook, Justin Sullivan Organizations: Gross, Procter, Gamble, Gillette, Super, Consumer, JPM Healthcare, Amazon, Microsoft, Honeywell, Aerospace, Solutions, Apple Watch, Masimo, Vision Pro, Franklin Resources, Resource Partners, Bank of Marin Bancorp, Bank7 Corp, Pacific Premier Bancorp Inc, Provident Financial Holdings, Dynex, Cliffs Inc, Nucor Corp, Whirlpool Corp, F5 Networks, Capital Southwest Corp, Harbors Investment Corp, Crane Co, Payne, Equity, Heartland Financial, Cadence, FinWise Bancorp, Five Star Bancorp, PotlatchDeltic Corporation, Sanmina Corporation, Pfizer, General Motors Corp, United Parcel Service, JetBlue Airways Corporation, Smith Corp, Marathon Petroleum Corp, HCA Healthcare, Oshkosh Corporation, SYSCO Corp, Danaher Corp, Johnson Controls, M.D.C . Holdings, Commvault Systems Inc, Hope Bancorp, Hubbell Incorporated, Malibu Boats, Polaris Industries, Inc, Camden National Corp, Cambridge Bancorp, Microsoft Corp, Starbucks Corp, Devices, Electronic Arts Inc, Juniper Networks, Stryker Corp, Lending, Canadian, Canadian Pacific Kansas City Limited, Mondelez, Chubb Corporation, Modine Manufacturing, Partners, Management, Hawaiian Holdings, Manhattan Associates, Unum Group, UNM, Axos, Enova, Boston Properties, Boeing Co, Novo Nordisk, Mastercard Inc, Roper Technologies, Boston Scientific Corporation, MarketAxess Holdings, Fisher, Aptiv PLC, Hess Corp, Nasdaq, United Microelectronics Corp, Rockwell Automation, Teva Pharmaceutical Industries, Ltd, Avery, Avery Dennison Corp, Extreme Networks, Otis Worldwide Corporation, OTIS, Columbus, Columbus McKinnon Corp, Central Pacific Financial Corp, Brinker International, Fortive Corporation, Qualcomm, Technology, Metlife, Hanover Insurance, Barn Holdings, CONMED Corporation, DLH Holdings Corp, Meritage Homes Corporation, Honeywell International, Eaton Corp, Altria, Royal Caribbean Cruises Ltd, Merck, Co, Enterprise Products Partners, Dorian LPG, SiriusXM Holdings, Cardinal, Hannifin Corporation, Allegheny Technologies Incorporated, Tractor Supply Company, Trane Technologies, Dover Corp, Huntington Ingalls Industries, Brunswick Corporation, Dickinson, Canada Goose Holdings, Kirby Corp, WEC Energy Group, WestRock Company, Allegro MicroSystems, Ball Corporation, Broadridge Financial, BrightSphere Investment Group, CMS Energy Corp, Lancaster Colony Corp, Rogers Communications Inc, Sanofi, Apple, Atlassian Corporation, United States Steel Corp, Corp, Adtalem Global, Homes, DXC Technology Company, Eastman Chemical Company, Gen, Post Holdings, America, Columbia Sportswear Company, Exxon Mobil Corp, Chevron Corporation, Myers Squibb Co, CIGNA Corp, Regeneron Pharmaceuticals, Charter Communications, AON, Cboe, Dwight, Banco Santander, Jim Cramer's Charitable, CNBC, Apple Vision, Getty Locations: China, East, United States, Europe, Cleveland, Alexandria, California, Corning, Canadian Pacific, Teradyne, TER, Novo, Hanover, PBI, Skechers U.S.A, Bristol, Chile

☆ The Wild Legal Theory to Save Jim Harbaugh
▼ + stars: | 2023-11-15 | by ( Louise Radnofsky | Andrew Beaton | ) www.wsj.com time to read: 1 min

Michigan Law professor Daniel Crane was speaking at the Federalist Society’s national lawyers convention last week when the assembled legal wonks kept stopping him to discuss something that wasn’t on the originalism agenda: the explosive sign-stealing scandal engulfing his school’s football team. After Crane’s beloved Wolverines drew the wrath of the college sports world, Crane cooked up a novel theory in their defense. In perhaps the spiciest piece ever to hit the Yale Journal on Regulation, Crane argued that the NCAA bylaw Michigan is accused of violating may be unenforceable—because it violates antitrust law.

Persons: Daniel Crane, wonks, Crane’s, Crane Organizations: Michigan, Federalist Society’s, football, Wolverines, Yale

☆ At SpaceX, worker injuries soar in Elon Musk’s rush to Mars
▼ + stars: | 2023-11-10 | by ( ) www.reuters.com time to read: +35 min

Through interviews and government records, the news organization documented at least 600 injuries of SpaceX workers since 2014. The more than 600 SpaceX injuries Reuters documented represent only a portion of the total case count, a figure that is not publicly available. SpaceX injury data reporting failures SpaceX facilities failed to submit injury data annually, as required by regulators, for most years since 2016. Workers welded rocket parts up to 12 hours a day, six days a week, often in temperatures over 100 degrees Fahrenheit, the SpaceX workers said. The accident occurred when he and other SpaceX employees were being transferred between two vessels.

Persons: Lonnie LeBlanc, LeBlanc, LeBlanc’s, hasn’t, Musk, ”, Tom Moline, Francisco Cabada, Cabada’s, Elon Musk, Ydy Cabada, Kennedy didn’t, Kennedy, “, Jordan Barab, Travis Carson, Carson, entrepreneurism, Jeff Bezos, Chris Cunnington, Phillip Fruge, ” Fruge, ” Carson, Elon, Carson “, Florentino Rios, Rios, Rios inched, Richard Hinojosa, ” Rios, Cabada, Ydy, SpaceX hasn’t, Michael Sanchez, ” Sanchez, Francisco’s, Evelyn Cabada, ” Barab, Boring, Paige Holland, Musk’s, Moline, Gwynne Shotwell, ” Shotwell, Shotwell, CalOSHA, Ann Rosenthal, Steven Trollinger’s, Trollinger, –, Chris Weimer, Ron Weimer Organizations: Elon, SpaceX, U.S . Marine Corps, U.S . Occupational Safety, Health Administration, OSHA, Musk’s, V2, Reuters, Regulators, Kennedy Space Center, U.S . National Aeronautics and Space Administration, NASA, ” Reuters, California OSHA, CalOSHA, ”, Workers, Boeing, Cabada, Boring Company, National Labor Relations Board, billionaire’s, Federal Locations: McGregor , Texas, LeBlanc, amputations, Hawthorne , California, Brownsville , Texas, Redmond , Washington, Florida, Cape Canaveral, California, Brownsville, Texas, Mexico, Moline, Carson, American, SpaceX’s Brownsville, Rios, Hawthorne, Los Angeles, “, ” Holland, Thielen, Holland, Federal, After Texas

☆ A construction company could face over $260,000 in fines after a 23-year-old was killed by a crane collapse
▼ + stars: | 2023-08-25 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

A 23-year-old construction worker died in March when an overloaded crane collapsed. Its 15 violations included failing to create or employ an accident prevention program. AdvertisementAdvertisementOSHA cited S&D Erectors with a total of 15 violations, including operating a mobile crane in excess of its rated capacity. The federal agency also said that S&D Erectors did not create and employ an accident prevention program, or perform frequent and regular inspections of the site. S&D Erectors could not be reached for comment.

Persons: DOL, Erectors, Timothy Minor Organizations: OSHA, Service, Department of Labor, Wednesday, Occupational Safety, Health Administration Locations: Wall, Silicon, Texas

☆ Top of New York City crane crashes into street, injuring six
▼ + stars: | 2023-07-26 | by ( ) www.reuters.com time to read: +2 min

NEW YORK, July 26 (Reuters) - Six people were injured in New York on Wednesday when the top portion of a construction crane caught fire and crashed into a Manhattan street during the morning rush hour, authorities said. [1/7]Members of the Fire Department of the City of New York (FDNY) and others gather after a construction crane caught fire on a high-rise building in Manhattan, New York City, U.S., July 26, 2023. "As you see from the debris on the street, this could have been much worse," New York City Mayor Eric Adams said during a press conference at the scene. In recent years, New York City has adopted more stringent safety measures for the towering cranes used to erect the massive buildings that define the skyline of the country's most populous city. More recently, a crane collapsed in lower Manhattan's Tribeca neighborhood in 2016, killing a pedestrian, injuring three others and crushing cars parked on the street.

Persons: Amr Alfiky, Eric Adams, Frank McGurty, Brendan O'Brien, Nick Zieminski, Jonathan Oatis Organizations: YORK, Firefighters, New York City Police Department, Twitter, Reuters, Fire Department, City of New York, REUTERS, York City, Thomson Locations: New York, Manhattan, Lincoln, New Jersey, City of New, Manhattan , New York City, U.S, York, New York City, Manhattan's, Tribeca, Chicago

☆ Crane Index Shows Dip in Commercial Construction, Rise in Residential
▼ + stars: | 2023-06-08 | by ( Kalia Richardson | ) www.nytimes.com time to read: +1 min

As more workers convert their living rooms and bedrooms to home offices, more commercial spaces are left vacant. The evolving work space is one reason crane construction of residential and mixed-use spaces is up across North America, according to a new report. The biannual Rider Levett Bucknall Crane Index for North America, which tracks the number of tower cranes across 14 U.S. and Canadian metro areas, reports that the overall crane count increased by 7.04 percent from the third quarter of 2022 to the first quarter of 2023. According to the survey, eight of the metros saw an increase in cranes, two saw decreases and four held steady — and while a 7.04 percent increase may seem small, it’s the highest reported increase since 2021. To collect the data, researchers count the number of fixed cranes on work sites by tracking construction permits submitted and by simply driving around (biking in New York) to identify tower cranes.

Persons: Levett Bucknall Organizations: North, metros Locations: North America, New York

☆ As earnings season winds down, investors turn to Tuesday's debt ceiling meeting
▼ + stars: | 2023-05-06 | by ( Zev Fima | ) www.cnbc.com time to read: +12 min

With only a small fraction of the S & P 500 left to report quarterly earnings, investors are now turning their focus to another major hurdle for the markets and economy: the debt ceiling crisis. Earlier this week, we looked back to debt limit crisis of 2011 for potential lessons. The protracted fight ultimately ended in an agreement in early August of that year, but it was a choppy summertime ride for investors. Within the portfolio, Wynn Resorts will report Tuesday, after the closing bell, and Disney will report on Wednesday, after the closing bell. Estee Lauder (EL) and Emerson Electric (EMR) reported earnings before the opening bell.

Noua gamă redefinește rolul și importanța televizorului în casele utilizatorilor și evidențiază angajamentul făcut de Samsung pentru accesibilitate, sustenabilitate și inovație. În 2021, Samsung aduce puterea tehnologiei MICRO LED într-un format specific televizorului tradițional. Pentru a construi telecomanda, Samsung a inovat procesul de fabricație care utilizează materialele plastice din sticle reciclabile – 24% conținut reciclat. Iar Samsung va continua să dezvolte noi funcții bazate pe AI pentru a îmbunătăți accesibilitatea televizoarelor Samsung în anii următori. Compania redefinește lumea televizoarelor, pe cea a smartphone-urilor, a dispozitivelor wearables, a tabletelor, a electrocasnicelor digitale, a sistemelor de rețea și memorie și a ecranelor profesionale.

Persons: James, Neo, Ultrawide, Bar, Smart, Bass, Darwin Organizations: Samsung, President, Consumer Electronics, Samsung Electronics, 4K, Google, Smart, Art, Contemporary, Amazon Alexa, Apple, Mac, Samsung . Samsung, Interactive, Facebook, Samsung Moldova Locations: Ltd, Quantum, Sound, Amazon, moldova

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