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☆ Labor Department issues rule to crack down on bad retirement savings advice
▼ + stars: | 2024-04-23 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

Al Drago/Bloomberg via Getty ImagesThe Biden administration issued a final rule on Tuesday that cracks down on the investment advice that advisors, brokers, insurance agents and others give to retirement savers. The final rule takes effect on Sept. 23. Current retirement rules don't provide adequate protections to savers, Labor Department officials said during a press call Tuesday. Such a dynamic can "chip away" at Americans' savings, Gomez said. The amount of 401(k)-to-IRA rollovers is 'astronomical'The final rule doesn't differ significantly from the Biden administration's initial proposal, Labor officials said.

Persons: Al Drago, Biden, Obama, Lisa Gomez, That's, Gomez, Andrew Oringer, Oringer Organizations: U.S . Department of Labor, Bloomberg, Getty, Labor, Security, The Labor Department, Economic Advisers, Biden, Finance, Economic, Wagner, Department of Labor Locations: Washington, IRAs

☆ UnitedHealth's first-quarter report will offer a window into Change cyberattack costs
▼ + stars: | 2024-04-15 | by ( Bertha Coombs | ) www.cnbc.com time to read: +2 min

"Everybody looks to United as the bellwether of all of health-care services. This will be different," said Lisa Gill, managing director and health care analyst at JPMorgan. The data breach at the Change Healthcare unit forced the firm to take down its massive billing and payment processing service. While the company has restored services for pharmacies, the outage has continued to disrupt operations for health-care providers across the country. Larger providers, such as home infusion services firm Option Care Health , have also warned that the outage could impact their quarterly results.

Persons: UnitedHealth Group's, Lisa Gill, Scott Fidel, UnitedHealth, they'd, James Allred, he's, Allred Organizations: JPMorgan, Healthcare, Optum, OptumRx, Stephens, American Medical Association, Aesthetics, Care Locations: Nashville

☆ Harvard-trained neuroscientist with 20+ years experience: 7 tricks I use to keep my memory sharp
▼ + stars: | 2024-03-19 | by ( Lisa Genova | ) www.cnbc.com time to read: +7 min

See itWhen you create a mental image of what you're trying to remember, you add more neural connections to it. Make what you're trying to remember something you can easily see in your mind's eye2. Use your imaginationPeople with the best memories have the best imaginations. People with the best memories have the best imaginations. If you don't get enough sleep, you'll go through the next day experiencing a form of amnesia.

Persons: Dwayne, Johnson, Lisa Genova, Taylor, aren't, you'll, Lisa Organizations: Harvard, New York Times, Bates College, Harvard University, PBS, NBC, CNN, NPR, TED, CNBC Locations: biopsychology

☆ 5 doctors and nutritionists share the foods they eat every day for brain health, longevity and overall wellness
▼ + stars: | 2024-03-05 | by ( Renée Onque | ) www.cnbc.com time to read: +4 min

Here are five types of foods that doctors and nutritionists eat every day for stellar brain health, heart health, longevity and overall wellness. Blueberries, in particular, are what longevity researcher, Neil Paulvin, refers to as the "holy grail" of longevity foods. They're also great for eye health, muscle recovery, brain health and strengthening your cells, he adds. All berries get their color from flavonoids which are a group of phytonutrients that have been linked to improvements in brain health and a reduction in cognitive decline. They're high in protein, fiber, antioxidants and minerals like magnesium and iron, Heller told CNBC Make It in 2022.

Persons: We've, Deepak Chopra, Neil Paulvin, Paulvin, They're, Mary Ellen Phipps, Uma Naidoo, Dr, Elizabeth Klodas, Samantha Heller, Heller, Lisa Genova, Naidoo Organizations: Harvard, CNBC Locations: Sunflower

Credits“The Run-Up” is hosted by Astead W. Herndon and produced by Anna Foley , Elisa Gutierrez and Caitlin O’Keefe . The show is edited by Rachel Dry , Lisa Tobin and Frannie Carr Toth . Engineering by Sophia Lanman and original music by Dan Powell , Marion Lozano , Pat McCusker , Diane Wong and Elisheba Ittoop . Fact-checking by Caitlin Love. Special thanks to Paula Szuchman, Sam Dolnick, Larissa Anderson, David Halbfinger, Renan Borelli, Mahima Chablani, Jeffrey Miranda and Maddy Masiello.

Persons: Astead W, Herndon, Anna Foley, Elisa Gutierrez, Caitlin O’Keefe, Rachel Dry, Lisa Tobin, Frannie Carr Toth, Sophia Lanman, Dan Powell, Marion Lozano, Pat McCusker, Diane Wong, Elisheba, Caitlin Love, Paula Szuchman, Sam Dolnick, Larissa Anderson, David Halbfinger, Renan Borelli, Mahima Chablani, Jeffrey Miranda, Maddy Masiello

Goldman Sachs lowered its rating on Estée Lauder to neutral, and its new price target calls for a slight decline going forward. Elsewhere, Daiwa raised its price target on Nvidia, which points to more than 10% upside over the next 12 months. The firm stood by its outperform rating on the chipmaker stock, but lifted its price target to $900 from $535. FLYW YTD mountain FLYW in 2024 Faucette accompanied his downgrade by lifting his price target to $30 from $27. He also lifted his price target on the stock to $40 from $30, implying upside of 24.6% from Thursday's close.

Persons: Goldman Sachs, Estée Lauder, Jefferies, Root, Daiwa, Brad Sills, Sills, — Lisa Kailai Han, Stephens, Vita Coco, Coco, Jim Salera, COCO, Lisa Gill, Gill, Louis Miscioscia, Miscioscia, Lisa Kailai Han, Piper Sandler downgrades, Piper Sandler, Mark Fitzgibbon, Fitzgibbon, Morgan Stanley downgrades Flywire, Morgan Stanley, James Faucette, Faucette, Goldman Sachs downgrades Estée Lauder, Lauder, Goldman, Yaron Kinar, Kinar, Fred Imbert Organizations: CNBC, Nvidia, Bank of America, of America, Vertex, Accenture, RSM, BDO, JPMorgan, Daiwa, Markets, Riding, AMD, Intel, York Community Bancorp, York Community, New York Community Bancorp, Travel, B2B, U.S, Jefferies Locations: York, Canada, Asia, China, Hainan, Thursday's

Lopez-Galvan, 43, was shot Wednesday as she celebrated the Chiefs' Super Bowl win with her husband, young adult son and hundreds of thousands of other fans at the city's Union Station. Photos You Should See View All 33 ImagesTwenty-two others, half of whom were under 16, were wounded in the shooting. Investigators are still trying to identify who is responsible, but say a dispute may have led to the shooting. Swift, who is dating Chiefs tight end Travis Kelce and attended Sunday's Super Bowl, was not at Wednesday's parade. The Chiefs said all players, coaches, staffers and their families were safe and accounted for after the shooting.

Persons: Taylor Swift, ”, Lopez, Galvan, Lisa G, fundraised, Swift, Travis Kelce, She's Organizations: Variety, Associated Press, Chiefs, Super, city's, Lopez, Latina, Police, Sunday's Locations: Kansas City, Melbourne, Australia

☆ A Harvard-trained neuroscientist's No. 1 diet for fighting Alzheimer's and boosting brain health
▼ + stars: | 2024-02-16 | by ( Lisa Genova | ) www.cnbc.com time to read: +2 min

The foods we eat have a profound impact on brain health, including our risk of developing Alzheimer's disease. A study showed that people who only moderately followed it reduced their risk of Alzheimer's by 37%. Here's what I try to eat every day to boost my brain health:1. These are all great sources of vitamin B and vitamin D — key nutrients for fighting dementia. Smoothies are a delicious way to incorporate more nuts and seeds into your diet.

Persons: It's, chia Organizations: Harvard, Lean Locations: Dijon

KANSAS CITY, Mo. (AP) — Gunfire erupted at the Kansas City Chiefs’ Super Bowl celebration Wednesday, leaving one woman dead and more than 20 people injured, including children. Izurieta said Lopez-Galvan attended the parade with her husband and her adult son, a die-hard Kansas City sports fan who also was shot. At a children’s hospital, an official said they were treating 12 patients from the celebration, including 11 children between 6 and 15, many with gunshot wounds. Mayor Quinton Lucas has joined with mayors across the country in calling for new laws to reduce gun violence, including mandating universal background checks.

Persons: Quinton Lucas, Lisa Lopez, Galvan, ”, Lopez, Lisa G, Rosa Izurieta, Martha Ramirez, Izurieta, Ramirez, Stacey Graves, Graves, couldn’t Organizations: KANSAS CITY, Kansas City Chiefs, ”, KKFI, Facebook, Kansas City, American Legion, Kansas City Police, FBI, HISTORY Kansas City, U.S . Justice Department, Nuggets, NBA, Texas Rangers Locations: KANSAS, Mo, Mariachi Mexico, HISTORY Kansas, U.S, Denver

KANSAS CITY, Mo. Izurieta said Lopez-Galvan attended the parade with her husband and her adult son, a die-hard Kansas City sports fan who also was shot. Kansas City has long struggled with gun violence, and in 2020 it was among nine cities targeted by the U.S. Justice Department in an effort to crack down on violent crime. Lucas has joined with mayors across the country in calling for new laws to reduce gun violence, including mandating universal background checks. Stephanie Meyer, chief nursing officer for Children’s Mercy Kansas City, said it was treating 12 patients from the rally, including 11 children between the ages of 6 and 15, many of whom suffered gunshot wounds.

Persons: —, Quinton Lucas, ” Lucas, Stacey Graves, “ I’m, ” Graves, Lisa Lopez, Galvan, ”, ” KKFI, Lopez, Lisa G, Rosa Izurieta, Martha Ramirez, Izurieta, “, Lisa, ” Izurieta, Lucas, Lisa Money, Kevin Sanders, ” Sanders, Nancy Lewis, Lewis, Stephanie Meyer, Meyer, Rick Burkholder, Andy Reid, Mike Parson, Teresa Parson, Joe Biden, ” Biden, ” Throngs, Scott McFetridge, Jim Salter, Louis, Josh Funk, John Hanna Organizations: KANSAS CITY, Kansas City Chiefs, Nuggets, NBA, Texas Rangers, Radio, KKFI, Facebook, KC, Kansas City, U.S . Justice Department, University Health, Mercy, Mercy Kansas City, Luke’s Hospital of Kansas City, Chiefs, Arrowhead, Station, Republican Gov, Associated Press Locations: KANSAS, Mo, Kansas City, U.S, Denver, Kansas, Lenexa , Kansas, Mercy Kansas, ” St, Des Moines , Iowa, St, Omaha , Nebraska, Columbia , Missouri, Topeka , Kansas

☆ A boomer Uber driver made over $100,000 but lost $80,000 to expenses and fees. He shares why he plans to keep driving.
▼ + stars: | 2024-02-05 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +7 min

A boomer Uber driver's business had over $100,000 in earnings but only $20,000 in profits. But after Uber took its cut and his driving expenses were accounted for, his profits fell to about $20,000. The $44,000 deduction was an estimate for tax purposes, so it's possible his true vehicle expenses weren't quite that high. AdvertisementThat said, commissions and driving expenses took a significant cut out of his business's profitability. His first year driving Uber, 2016, was more eventful than he anticipated: He got caught in Hurricane Matthew while driving in Norfolk, Virginia.

Persons: boomer, —, Dean Ceran, Kia Forte, Uber, he's, Ceran, it's, haven't, they're, Lisa Greene, Lewis, Greene, — Ceran Organizations: Uber, Service, BI Locations: Virginia, Hurricane, Norfolk , Virginia

☆ A boomer Uber driver made over $100,000 but lost $80,000 to expenses and commissions. He shares why he plans to keep driving.
▼ + stars: | 2024-02-05 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +7 min

But after Uber took its cut and his driving expenses were accounted for, his profits fell to about $20,000. How commissions and driving expenses reduce drivers' profitsOf Ceran's roughly $83,000 in total business expenses, $38,000 consisted of Uber's booking and service fees — effectively the commission the company takes from drivers' earnings. After accounting for Uber's commission — and before expenses — Ceran saw as much as $65,000 in Uber income enter his bank account in 2023. The $44,000 deduction was an estimate for tax purposes, so it's possible his true vehicle expenses weren't quite that high. His first year driving Uber, 2016, was more eventful than anticipated: He got caught in Hurricane Matthew while driving in Norfolk, Virginia.

Persons: —, Ceran, Kia Forte, Uber, he's, they're, Lisa Greene, Lewis, Greene, — Ceran, he'd Organizations: Service, Business, BI Locations: Virginia, Hurricane, Norfolk , Virginia

☆ A boomer shares how Lyft driving has been a retirement hack — supplementing his income while allowing him to draw on his Social Security without penalty
▼ + stars: | 2024-01-15 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +5 min

For entertainment expenses like travel and eating out, however, he planned to use income from a part-time job and draw on his Social Security benefits. But there was one challenge with this plan: If Americans draw on Social Security before their full retirement age, then there's a limit to how high their taxable income can be before their Social Security benefits take a hit. The Social Security Administration says it will deduce $1 from benefit payments for every $2 one earns above the annual limit, which is $22,320 in 2024. "Because the driver can deduct his mileage from his side gig income and make below the earnings limit, his Social Security income will not be reduced," she said. "Many retirees often begin working side gigs, do freelance work, or receive other retirement income without knowing how other streams of income can impact how their Social Security income is taxed," she said.

Persons: —, Mark McCann, wouldn't, McCann, it's, Uber, — McCann, Lisa Greene, Lewis Organizations: Service, Business, Social Security, Social Security Administration Locations: Dallas, Lyft

☆ Companies have an 'incredible need' for this in-demand skill, says Google exec—and it pays over $100,000 a year
▼ + stars: | 2023-11-24 | by ( Morgan Smith | ) www.cnbc.com time to read: +1 min

In fact, the Bureau of Labor Statistics projects that the number of cybersecurity jobs will grow 32% in the next decade — much faster than the average for occupations overall. "Employers are really struggling to find people who are comfortable working in cybersecurity, but there's this incredible need and demand for people with these skills," says Gevelber. It's one of the reasons Gevelber founded Grow with Google, the tech giant's skilling initiative, in 2017. The online program provides lessons and certifications for in-demand skills like cybersecurity and data analytics. Other colleges and organizations, including Amazon Web Services, Columbia University and the University of Pennsylvania, offer comparable cybersecurity certificates.

Persons: Lisa Gevelber, Gevelber Organizations: FBI, of Labor Statistics, Employers, Google, Amazon Web Services, Columbia University, University of Pennsylvania Locations: U.S, cybersecurity

☆ The 3 most-Googled jobs in the U.S. don't require a degree—some can pay over $200K
▼ + stars: | 2023-11-19 | by ( Morgan Smith | ) www.cnbc.com time to read: +3 min

On Google, searches for "no degree jobs" reached an all-time high this year in the U.S., according to Google Trends data shared with CNBC Make It. Most travel agents require at least a high school diploma and on-the-job training. Within Google searches for jobs without a degree, "high paying jobs without a degree" was a top search in 2023. The average salaries for these roles vary: According to ZipRecruiter, the average pay for travel agents in the U.S. is $39,955, while real estate agents are pulling in an average $86,356 per year and notaries earn $129,717. The top 10% of real estate agents and notaries, however, are earning well over $100,000 and $200,000, respectively.

Persons: Lisa Gevelber, ZipRecruiter, Warren Buffett Organizations: Google, CNBC, National Notary Association, Cruise Lines International Association, International Air Transport Association Locations: U.S

Consumers started spending more on high-quality spirits during the pandemic shutdowns, which spurred a rise in premium beverage products, said Erlinda A. Doherty, an agave spirits expert and consultant. Both are proprietary spirits under Mexican laws, which are recognized in U.S. trade agreements. While he didn’t comment specifically on California’s foray into agave spirits, he said he believes Mexico can respond to the growing demand. The state legislature enacted a law last year requiring “California agave spirits” be made solely with plants grown in the state and without additives. He said those making agave spirits have a deep appreciation for Mexican tequila.

Persons: — Leo Ortega, Ortega, ” Ortega, Doherty, ” Doherty, “, ” Alfonso Mojica Navarro, ”, Henry Tarmy, “ We’ve, we’ve, Craig Reynolds, Davis, Stuart Woolf, Woolf, Lisa, ” Woolf Organizations: distillers, California —, Mexican Chamber, Tequila Industry, Ventura Spirits, California Agave, University of California Locations: Calif, Southern California, Mexico, California, United States, U.S, France, Jalisco, Texas, Arizona, Northern California, Central, Davis

PARIS (AP) — The “Mona Lisa” has given up another secret. The oil-paint recipe that Leonardo used as his base layer to prepare the panel of poplar wood appears to have been different for the “Mona Lisa," with its own distinctive chemical signature, the team of scientists and art historians in France and Britain discovered. Gonzalez has studied the chemical compositions of dozens of works by Leonardo, Rembrandt and other artists. Political Cartoons View All 1206 Images“In this case, it’s interesting to see that indeed there is a specific technique for the ground layer of ‘Mona Lisa,’" he said in an interview with The Associated Press. “It flows more like honey.”But the “Mona Lisa” — said by the Louvre to be a portrait of Lisa Gherardini, the wife of a Florentine silk merchant — and other works by Leonardo still have other secrets to tell.

Persons: Mona Lisa ”, Leonardo da Vinci, Leonardo, Mona Lisa, ”, Victor Gonzalez, Gonzalez, Rembrandt, ’, Carmen Bambach, ” Bambach, “, ” Gonzalez, Mona Lisa ” —, Lisa Gherardini Organizations: PARIS, American Chemical Society, CNRS, Associated Press, Louvre Museum, New York's Metropolitan Museum of Art, Louvre Locations: France, Britain, Paris, New

☆ Phone calls might be dying — but they're still alive at work. Here's how etiquette experts say you should handle them.
▼ + stars: | 2023-09-28 | by ( Jordan Hart | ) www.businessinsider.com time to read: +4 min

Etiquette experts say phone calls aren't going away at the office — even if they are personally. But even as phone calls fall out of favor in our personal lives, they're not extinct in a work setting. Etiquette experts say phone calls are still necessary in the office — there's just a certain time and place for them. Insider spoke to two experts about the state of work-related phone calls in 2023. AdvertisementAdvertisementVerizon Communications CEO Hans Vestberg makes about 30 work calls per week to "people that make a difference" at the company, CNBC reported.

Persons: aren't, it's, —, Slack pings, they're, there's, people's, Lisa Grotts, Grotts, Kleeman, It's, Hans Vestberg, Vestberg, he's, you've Organizations: Service, New Workforce, Verizon, CNBC

☆ ProPublica: Clarence Thomas attended Koch network donor events
▼ + stars: | 2023-09-22 | by ( Ariane De Vogue | ) edition.cnn.com time to read: +4 min

Washington CNN —Justice Clarence Thomas attended a private dinner in 2018 during a winter donor summit of the Koch network, the political organization founded by libertarian billionaires Charles and David Koch, ProPublica reported Friday. Thomas attended Koch donor events at least twice over the years, according to interviews with three former Koch network employees and one major donor conducted by ProPublica. Thomas arrived for the 2018 dinner on a Gulfstream G200 jet, although a Koch network spokesperson told the outlet that the network did not pay for the private jet and it was not disclosed on his financial disclosure forms for that year. A spokesperson for the Koch network told ProPublica that Thomas wasn’t present for fundraising conversations. CNN has reached out to the Supreme Court for comment.

Persons: Clarence Thomas, Koch, Charles, David Koch, ProPublica, Thomas, ”, Thomas ’, Thomas wasn’t, ” Thomas, Loper, Raimondo, Critics, Clarence Thomas ’, Charles Koch, Harlan Crow, Lisa Graves, Crow Organizations: Washington CNN —, Koch, ProPublica, Gulfstream G200, CNN, Loper Bright Enterprises, Inc, Conservatives, Chevron, Natural Resources Defense, True, Research, GOP Locations: Congress, Washington

☆ Michael McGrath, Tony Winner and ‘Spamalot’ Veteran, Dies at 65
▼ + stars: | 2023-09-15 | by ( Neil Genzlinger | More About Neil Genzlinger | ) www.nytimes.com time to read: +1 min

Michael McGrath, who won a Tony Award in 2012 for his work in the musical “Nice Work if You Can Get It” and was a regular on Broadway, Off Broadway and regional stages, known especially for comedic roles and for his ability to conjure the likes of Groucho Marx, George M. Cohan and Jackie Gleason, died on Thursday at his home in Bloomfield, N.J. His family announced the death through the publicist Lisa Goldberg. No cause was provided. Mr. McGrath was one of those stage actors who might rarely be recognized on the street yet worked steadily for decades, drawing good notices throughout. He did much of his early work at Theater by the Sea in Matunuck, R.I., where he appeared regularly from 1977 to 1991, including in the title role of a 1989 production of “George M!,” the musical about Cohan, the famed song-and-dance man.

Persons: Michael McGrath, Groucho Marx, George M, Cohan, Jackie Gleason, Lisa Goldberg, McGrath, “ George M, ” Michael Burlingame, “ McGrath, Luciano Pavarotti, “, Mel Gussow, ” Organizations: New York Times Locations: Bloomfield , N.J, Matunuck, London, Conn, New York

NEW YORK (AP) — Michael McGrath, a Broadway character actor who shined in zany, feel-good musicals and won a Tony Award for “Nice Work If You Can Get It,” has died. McGrath died Thursday at his home in Bloomfield, New Jersey, said his publicist, Lisa Goldberg. “Michael McGrath was as wonderful offstage as he was on,” wrote Michael Urie in tribute. The actor also moves with the confidence of a born hoofer, particularly in his ″'The God-Why-Don’t-You-Love-Me Blues. '″He is survived by his wife of 30 years, actor Toni Di Buono and a daughter, actor Katie Claire McGrath.

Persons: — Michael McGrath, ”, McGrath, Lisa Goldberg, “ Michael McGrath, Michael Urie, ” McGrath, Martin, Michael McGrath, Patsy, ‘, ’, Monty, Eric Idle, Tony, Cookie McGee, Matthew Broderick, Kelli O’Hara, Charlie conviviality, Toni Di Buono, Katie Claire McGrath Organizations: Broadway, “, “ Memphis ”, City Center, The Associated Press Locations: Bloomfield , New Jersey, “, “ Memphis

☆ SunnyD Vodka Seltzer and other alcohol that looks like juice is everywhere. Some states are cracking down to avoid confusing shoppers.
▼ + stars: | 2023-09-06 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

There's also SunnyD Vodka Seltzer, made by Harvest Hill Beverage Company and on shelves since March, as well as Hard Mountain Dew, which is made by PepsiCo and the Boston Beer Company. Harvest Hill, which makes SunnyD Vodka Seltzer, pointed to the words "Vodka" and "contains alcohol" on its packaging for the beverage. Drinks like Hard Mountain Dew and SunnyD Vodka Seltzer have drawn criticism from consumer advocacy groups and public health experts for years. Sugary and fruity alcoholic beverages, such as White Claw hard seltzer, began to gain popularity at the end of the last decade. Besides potentially causing confusion, the beverages' sweet tastes make it easy to down one — or several — compared to traditional alcoholic beverages like beer.

Persons: Molson Coors, There's, Seltzer, Lisa Gardner, Molson, seltzer, Pamela Trangenstein Organizations: Service, Coca, Coke, Harvest Hill Beverage Company, PepsiCo, Boston Beer Company, Wall Street, Regulators, Illinois Liquor Control Commission, Illinois Commission, ., Cola, Molson Coors, Boston Beer, Public Health Institute, New York Times Locations: Wall, Silicon, . Virginia, Harvest Hill

CVS Health logo is seen displayed in this illustration taken, May 3, 2022. The regional health insurance provider will still retain CVS Caremark for managing specialty drugs, which are costly medications used to treat complex conditions like cancer and rheumatoid arthritis. Other analysts highlighted difficulties in shifting to a different model than the one offered by companies like CVS - which provide other services including home drug delivery and reimburse pharmacies for patients' prescriptions. Amazon Pharmacy will provide at-home delivery of prescription drugs as well as upfront pricing, while Mark Cuban Cost Plus Drug Company will provide access to generic drugs, Blue Shield said. Blue Shield of California's other partners include privately held Abarca for processing claims related to prescription drugs, while smaller PBM Prime Therapeutics will work to negotiate savings with drugmakers.

Persons: Dado Ruvic, Cigna, UnitedHealth, Mark, Elizabeth Anderson, J.P, Morgan, Lisa Gill, Gill, Blue, Manas Mishra, Mariam Sunny, Bhanvi, Shweta Agarwal, Pooja Desai, Krishna Chandra Eluri, Frances Kerry Organizations: CVS, REUTERS, Amazon, Cigna, UnitedHealth, Evercore ISI, Mark Cuban, Plus, Thomson Locations: Bengaluru

☆ Two health-care stocks are in the headlines. How the news impacts our investments
▼ + stars: | 2023-07-07 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +9 min

Here's a deeper look at the headlines and their implications for our investment theses in these two health-care companies. The Club's take: The first-of-their-kind FDA and CMS actions came in generally as anticipated, and represent incremental positives for Eli Lilly. That's why some of the decline seen Friday in Eli Lilly shares – down over 2%, to around $453 each – could simply represent a sell-the-news situation. Eli Lilly has said donanemab could be approved by the FDA late this year or in early 2024. Our expectations around donanemab sales also are measured, and the drug is not the primary driver of our multiyear optimism for Eli Lilly.

Persons: Eli Lilly, Eli Lilly's donanemab, Leqembi —, Biogen, —, Lilly's, That's, Donanemab, Lilly, donanemab, that's, Lisa Gill, UnitedHealth, Humana, Gill, What's, We'll, Jim Cramer's, Jim Cramer, Jim Organizations: Club, Drug Administration, Medicare, Medicaid Services, FDA, GE Healthcare, Humana, JPMorgan, CNBC Locations: Massachusetts

☆ I never thought I'd leave San Francisco, but the city feels broken. I'm glad I moved out and have no regrets.
▼ + stars: | 2023-07-06 | by ( Erica Sweeney | ) www.businessinsider.com time to read: +4 min

In this as-told-to essay, Lisa Grotts describes leaving San Francisco after years of loving it. I moved to San Francisco in 1984. San Francisco has changed a lotLisa Mirza Grotts said she never expected to move out of San Francisco. Now that I'm not a San Francisco taxpayer, I don't have to complain about what goes on. Did you leave San Francisco recently?

Persons: Lisa Grotts, —, Lisa Mirza Grotts, It's, I'd, Willie Brown, I've, Grotts, Lauryn Haas Organizations: San, Service, Nordstrom, Safeway, lhaas Locations: San Francisco, Healdsburg , California, Williams, Sonoma, Healdsburg

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