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☆ Say goodbye to Ruby Tuesday and Chili’s. These are the hot new restaurants at the mall
▼ + stars: | 2024-04-28 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +5 min

As anchor department stores left malls, so did some name-brand chains like Ruby Tuesday, Chili’s, Applebee’s and others. What’s taking their place illustrates a large shift in US tastes: There’s a boom in smaller and regional restaurant chains with a local following. At the same time, many national chains are prioritizing drive-thru locations over their sit-down restaurants in malls. Chick-fil-A restaurants were only located in mall food courts for the company’s first 20 years. “Traditional mall restaurants were casual dining chains like Chili’s, TGI Fridays, and quick-service restaurants in food courts.

Persons: Ruby, What’s, Paul Hennessy, ”, Chris Simms, Simms, Gabby Jones, Mark Hunter, CBRE, RJ Hottovy, ” Hottovy, David Kim, ” Kim, It’s Organizations: New, New York CNN, Anadolu Agency, Getty, “, Food, JCPenney, Nordstrom, Green, Westfield Garden, Bloomberg, Deloitte, NV Locations: New York, Applebee’s, Orlando , Florida, Paramus , New Jersey, United States, Greenbriar, Atlanta, Korean, Henderson

☆ Ford stock can go higher by taking a page of out Detroit rival GM's playbook
▼ + stars: | 2024-04-12 | by ( Paulina Likos | ) www.cnbc.com time to read: +6 min

General Motors is buying back a ton of stock; Ford, so far, not so much. Before the buyback disclosure late this year, Ford had been down 10%, which was less than GM's 14% decline. In 2023, Ford spent $5.33 billion on dividends and stock repurchases, with only 6.3% of that total on buybacks. In guidance alongside Q4 numbers, Ford said it expects warranty costs for full-year 2024 to be flat year over year. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Ford, Jim Cramer, General Motors, Adrian Yanoshik, Jim, Morgan Stanley, Adam Jonas, Jonas, BEV, John Lawler, Redburn's Yanoshik, Jim Cramer's, Paul Hennessy, LightRocket Organizations: General Motors, Ford, GM, CNBC, General, United Auto Workers, Capital, Renaissance, Getty

But a big problem persists as long as the coronavirus continues to spread: long COVID. Long COVID is a condition involving new, returning or ongoing health problems four or more weeks after initial coronavirus infection. “The long COVID community and the COVID cautious community are pretty furious about it,” Hennessy says. And of the people who were aware of long COVID, more than 20% said they at least somewhat agreed with the statements “those with Long COVID may just be depressed” and “Long COVID symptoms are often just the normal aches and pains of life.”“They’re told that their brain fog or other symptoms are not real, and that’s demoralizing,” Rylance said. Young adults and children can also have long COVID, with more than 1% of kids ever having long COVID as of 2022, according to a national survey.

Persons: Long, Long COVID, –, Paul Hennessy, ” Hennessy, Mandy Cohen, didn’t, Hennessy, “, ” Jamie Rylance, hadn’t, ” “ They’re, that’s, ” Rylance, they’re, ”, it’s, Lynn Goldman Organizations: World Health Organization, Washington , D.C, Survey, Centers for Disease Control, CDC, PBS, COVID, CDC’s National Center for Health Statistics, U.S . Research, New England, of Medicine, Milken Institute School of Public Health, George Washington University Locations: U.S, Washington, Washington ,

☆ How America’s once great department stores became a dying breed
▼ + stars: | 2024-02-27 | by ( Chris Isidore | ) edition.cnn.com time to read: +12 min

But department stores, focused on America’s middle class, are fading. The victims of shifting consumer tastes were not the department stores that anchored the local mall, it was the small, locally owned stores along downtown shopping districts that were closing their doors. And possibly even more than the big box competitors, department stores have suffered from consumers shifting to buying items online rather than in person. The steady closing of the department stores that once served as “anchors” of malls across suburban America has been another nail in the coffin of many malls, hurting the department stores that remained in hollowed-out malls with a fraction of their earlier traffic. Saunders said one of the primary problem for Macy’s is that its holding company, formerly known as Federated Department Stores, spent much of its resources on buying other department store brands, such May’s Department Stores, and Filene’s, rather than investing in the stores its held.

Persons: New York CNN —, Neil Sauders, ”, JC Penney, It’s, “, Neil Saunders, Shannon Stapleton, Saunders, ” Saunders, Al Bello, Sunny Zheng, Macy’s, Tony Spring, Taylor, Brian Snyder, Eddie Lambert, Michael Brown, Kearney, ” Brown, Mike Segar, Richard W, Sears, Alvah Roebuck, Sears Roebuck, Bettmann, PhotoQuest, Jack Manning, Frank Scherschel, Owen, Lucille Jagusch, Arlene Hardt, Martin Luther King Jr, Michael Ochs, Ron Frehm, Ralf, Finn Hestoft, Mark Peterson, Seth Meyers, Hugh Jackman, NBCUniversal, Kaylin Wilson, Jim Cole, Rene Johnston, Maria Alejandra Cardona, Scott Olson, Cesar Villasenor, Mel Melcon, Sarah Blesener, Paul Hennessy, Patti Naleck, Naleck, Stacey Wescott, Brown Organizations: New, New York CNN, American, Walmart, Company, Department, Sears, Target, GlobalData, JCPenney, Research, RadioShack, Reuters Sears, Federated Department Stores, May’s, Reuters, Chicago History, Sears Roebuck, Roebuck, Hulton, AP, AP Soldiers, Michael Ochs Archives, Getty, Bettmann, Kmart, Bloomberg, Toronto Star, Reuters Residents, Los Angeles Times, New York Times, Chicago Tribune, Tribune, Service Locations: New York, GlobalData, America, Nanuet , New York, North Redwood , Minnesota, Chicago, El Paso , Texas, Jackson , Mississippi, Tucson , Arizona, Caracas, Venezuela, Niles , Illinois, Morton Grove , Illinois, Baltimore, White Plains , New York, Woodfield , Illinois, Hicksville , New York, Nashua , New Hampshire, Mentor , Ohio, Mississauga , Ontario, Hialeah , Florida, Janesville , Wisconsin, Santa Monica , California, Rockaway , New Jersey, Leesburg , Florida, Schaumburg , Illinois

☆ Moon company Intuitive Machines begins first mission after SpaceX launch
▼ + stars: | 2024-02-15 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +4 min

Intuitive Machines' Nova-C lander launched from Florida on SpaceX's Falcon 9 rocket, beginning the IM-1 mission. Intuitive Machines' Nova-C lander "Odysseus" deploys from the upper stage of SpaceX's Falcon 9 rocket to begin the IM-1 mission. NASA leadership emphasized before the launch that "IM-1 is an Intuitive Machines' mission, it's not a NASA mission." After landing, Intuitive Machines aims to operate Odysseus on the surface for up to seven days. Last month, U.S. company Astrobotic got its first moon mission off the ground but encountered problems shortly after launch.

Persons: Paul Hennessy, Trent Martin, Odysseus, it's, Joel Kearns, Kearns, Russia —, ispace, Astrobotic, didn't Organizations: SpaceX, Kennedy Space Center, Anadolu, Getty Images, Machines, SpaceX's, NASA, Payload, Artemis, Nasdaq, Marshall Space, Center, Soviet Union —, U.S Locations: Cape Canaveral , Florida, Getty Images Texas, U.S, Florida, United States, Wednesday's, Japan, Russia, Soviet Union, China, India

☆ John Deere and SpaceX's Starlink team up to equip tractors with satellite internet, in a deal Elon Musk calls 'great for farmers'
▼ + stars: | 2024-01-16 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +3 min

Read previewElon Musk and SpaceX set out to blanket the world with high-speed internet using thousands of Starlink satellites. The tractor titan and satellite giant have signed a deal to connect tractors and other farming equipment to the internet, The Wall Street Journal reported. SpaceX uses Falcon 9 rockets to transport batches of around 60 Starlink satellites at a time. Paul Hennessy/SOPA Images/LightRocket via Getty ImagesJohn Deere tested different satellite options for about eight months, according to The Wall Street Journal report. Farmers will have to install Starlink antennas, which will be designed for rugged and dusty terrain, on the tops of vehicle cabs, The Wall Street Journal reported.

Persons: —, Elon, John Deere, Musk, Elon Musk, Rishi Sunak, Kirsty Wigglesworth, Paul Hennessy, JC Schemper, Longmont , Colorado Rick Wilking Organizations: Service, SpaceX, Business, Street Journal, Deere, Twitter, British, Wall, Falcon, Getty, Wall Street, Reuters Locations: Brazil, London, Nebraska, Longmont , Colorado

☆ Investors Hope the Dogs of the Dow Can Find Their Bite
▼ + stars: | 2024-01-13 | by ( Charley Grant | ) www.wsj.com time to read: 1 min

Chevron’s stock is one of this year’s 10 Dogs of the Dow. Photo: Paul Hennessy/Zuma PressThe Dogs of the Dow weren’t the best in show last year, but the recent rally in beaten-down corners of the stock market is giving hope to fans of the popular contrarian investment strategy. The approach calls for buying the 10 stocks with the highest dividend yields of the 30 Dow components at the beginning of a year—the Dogs of the Dow—and holding them over the next 12 months. The group of stocks is rebalanced at the end of each year to maintain an investment in the top 10 dividend payers.

Persons: Paul Hennessy Organizations: Dow, Zuma

☆ Yellow Rivals Scoop Up Truck Terminals in Bankruptcy Auction
▼ + stars: | 2023-12-05 | by ( Paul Berger | ) www.wsj.com time to read: 1 min

About a dozen trucking companies bought properties at a bankruptcy court-supervised auction that unloaded 75% of Yellow’s properties. Above, a Yellow terminal in Orlando, Fla. Photo: Paul Hennessy/Zuma PressYellow is set to raise more than $2 billion after a bankruptcy auction that will disperse much of its national network of truck terminals among rivals, casting deeper doubt on a long shot bid to revive the trucker. About a dozen trucking companies bought properties at a court-supervised auction that unloaded 75% of Yellow’s properties for a total of just under $1.9 billion, according to a filing Monday evening in the U.S. Bankruptcy Court in Delaware. The bids must be approved by the court, which is scheduled to hold a hearing Dec. 12.

Persons: Paul Hennessy, Zuma Organizations: Bankruptcy Locations: Orlando, Fla, U.S, Delaware

☆ Costco, Lowe's, Best Buy, and Tractor Supply are winning the battle against retail theft in a strikingly similar way
▼ + stars: | 2023-09-23 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +6 min

Retail executives generally agree that retail theft is worse than they've ever seen. Even so, leaders from Costco, Lowe's, Best Buy, and Tractor Supply have said their businesses aren't so affected. The companies have five striking similarities that are helping them win the war on retail theft. "Organized retail crime is worse now than I've ever seen it," Tractor Supply CEO Hal Lawton told Insider in August. Meanwhile, a typical Tractor Supply location may have as many as eight people working in a relatively small, 20,000 square-foot store.

Persons: Hal Lawton, I've, Marvin Ellison, Corie Barry, Richard Galanti, We've, Lawton, Dominick Reuter, John Tlumacki, Ben Tobin, they're, Paul Hennessy, Lowe's, Mario Tama, Barrie, Ellison Organizations: Costco, Lowe's, Tractor Supply, Service, Goldman Sachs, Conference, Supply, Massachusetts Costco, Boston Globe, Getty, Electronics, Retailers, Tractor Locations: Wall, Silicon, Massachusetts, Costco, Orlando

☆ Elon Musk's control of Starlink gives him unchecked power over elected governments
▼ + stars: | 2023-09-13 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +9 min

Elon Musk's control over Starlink is in the spotlight after he thwarted a Ukrainian attack. "If the Ukrainian attacks had succeeded in sinking the Russian fleet, it would have been like a mini Pearl Harbor and led to a major escalation," Musk told Isaacson. (Musk later reassured a Russian ambassador that Ukraine would not be able to use Starlink for offensive operations, according to Isaacson). AdvertisementAdvertisementAs Ukrainian officials see it, sinking Russia's fleet, if that was indeed a possibility, would have prevented hundreds of missiles from raining down on the country's infrastructure, and spared civilian lives. Even if it wanted to change Musk's mind, it is not clear that it can actually compel him to do anything when it comes to Ukrainian attacks on territory controlled by Russia.

Persons: Elon, Musk, —, Walter Isaacson, Isaacson, Starlink, Biden, Pettyjohn, it's, Paul Hennessy, David Frum, George W, Bush, Nicholas Grossman, Grossman, Joe Biden, Josh Marshall, cdavis@insider.com Organizations: Service, SpaceX, Fleet, Russian, Pentagon, Ukraine, Center, New, New American Security, Defense Department, Falcon, Getty, University of Illinois, Daily, Washington, Twitter Locations: Wall, Silicon, Sevastopol, Crimea, Ukraine, Crimean, Russian, Sevastopol —, United States, New American, Washington, Ukrainian, Russia

☆ DeSantis is taking aim at 'zombie studies' on the campaign trail. It's a real thing
▼ + stars: | 2023-09-06 | by ( Annie Nova | ) www.cnbc.com time to read: +6 min

Her course lessons include chemical zombification, bacterial zombification and fungal zombification. Lauro, the University of Tampa professor, is scheduled to give a talk in Frankfurt, Germany, this month called, "Who's Afraid of Zombie Studies?" "The talk is pretty much entirely about this DeSantis nonsense, as well as what DeSantis is doing to education in Florida," Lauro said. Since DeSantis has taken aim at Black history, I think we can connect the dots on why the idea of 'zombie studies' gets under his skin so much. The first wave of zombie fiction hit the U.S. in the late 1920s, during the time of the Great Depression.

Persons: Ron DeSantis, Paul Hennessy, Lightrocket, Eric Smaw, DeSantis, Smaw, automatism, Tatiana Tatum, Tatum, Gino Del Guercio, Del Guercio, Lauro, Sarah Juliet Lauro Organizations: Florida Gov, Rollins College, Rollins College In, Saint Xavier University in, Getty, Harvard Magazine, University of Tampa, Studies, Florida's Department of Education Locations: Florida, Auburndale , Florida, Winter Park , Florida, Canadian, Saint Xavier University in Chicago, tetrodotoxin, pufferfish, Haiti, Frankfurt, Germany, Africa, Caribbean, Hollywood

☆ These are the states in America that are the least prepared for extreme weather
▼ + stars: | 2023-07-28 | by ( Scott Cohn | ) www.cnbc.com time to read: +11 min

Some states are in good shape to handle whatever the climate throws at them, but these are the states most at risk. 2023 Infrastructure score: 228 out of 390 points (Top States grade: B) Climate Extremes Index: 21.16% Properties at risk: 45.2% Renewable energy: 10.6%9. 2023 Infrastructure score: 165 out of 390 points (Top States grade: D) Climate Extremes Index: 8.7% Properties at risk: 2.8% Renewable energy: 12%8. Connecticut is home to the nation's first "green bank," which uses public dollars to leverage private investment in renewable energy. 2023 Infrastructure score: 227 out of 390 points (Top States grade: B) Climate Extremes Index: 21.16% Properties at risk: 61% Renewable energy: 12.5%1.

Persons: Jeremy Porter, York Snow, Joed Viera, Kelly Giddens, Daniel Hinton, Jessica Mcgowan, wades, Tim Boyle, Tony Evers, Scott Olson, Josh Edelson, Gavin Newsom, —, Marcellus, Tom Wolf, Josh Shapiro, Ida, Brendan McDermid, Hurricane Ida, Richard Bunting, Alex Hamilton, Hurricane Irene, Mark Wilson, Joe Biden's, Ted Shaffrey, Hurricane Nicole, Paul Hennessy, Marco Bello Organizations: Street Foundation, CNBC, Business, First, Oceanic, Atmospheric Administration, NOAA, U.S, Department of Energy, Afp, Getty, National Weather Service, Micron Technology, Alabama, University of Alabama, Illinois —, Badger State, Gov, Carolina, Carolinas, AFP, EQT Corp, Bloomberg, Reuters, Garden, State, Anadolu Agency, Sunshine State, Farmers Insurance, AAA Locations: States, York, Buffalo , New York, Empire, New York, Syracuse, Alabama TUSCALOOSA, AL, Cedar, Tuscaloosa , Alabama, Texas, Oklahoma, Alabama, Gulf, Wisconsin, Prairie du Chien , WI, Hurricane, Charleston , South Carolina, Florida, Georgetown , South Carolina, South Carolina, California, Oroville, Oroville , California, , California, Pennsylvania, Washington Township , Pennsylvania, U.S, Jersey, Oakwood, Elizabeth , New Jersey, Garden State , New Jersey, New Jersey, Delaware, Lewes , Delaware, Rhode, Connecticut, New Haven , Connecticut, Wilbur, , Florida, Louisiana, Kenner , Louisiana

☆ Disney World has a bigger problem than Ron DeSantis: people aren't going
▼ + stars: | 2023-07-11 | by ( Cork Gaines | ) www.businessinsider.com time to read: +5 min

Disney's ongoing feud with Ron DeSantis is certainly a factor. Ron DeSantis, it's pretty clear that the park's problems run deeper than a political beef. While crowd sizes are down in the US parks, revenue is up at international Disney parks such as Disneyland Hong Kong. Despite the DeSantis dust-up, the park's biggest issue has nothing to do with politics — Disney World is damn expensive. Ron DeSantis Paul Hennessy/SOPA Images/LightRocket via Getty ImagesIt's also clear that a cut back on vacationing is not the issue.

Persons: Ron DeSantis, Disney execs, Li Zhihua, execs, DeSantis, —, Ron DeSantis Paul Hennessy, Courtney Garcia, Garcia, Samantha Delouya, Bob Iger Organizations: Disney, Service, Walt Disney, Florida Gov, Wall Street Journal, Hollywood Studios, Shanghai Disney Resort, Hong Kong Disneyland, China News Service, — Disney, Getty, TSA, Payne Capital Management Locations: Wall, Silicon, Magic, Shanghai, Paris, Hong, Hong Kong, Florida

☆ DeSantis is trashing Disney all over America, accusing the company of trying to 'sexualize' children. Don't expect Disney to hit back in court, defamation experts say
▼ + stars: | 2023-07-03 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +11 min

Ron DeSantis is campaigning for president, touting his record in Florida and dragging Walt Disney World through the mud everywhere he goes. Then, DeSantis lobs an incendiary accusation: Disney, by opposing the schools bill, was promoting the "sexualization of children." Part of Disney's hurdle in the courts would be that DeSantis' statements are his own opinion. Similarly, even though DeSantis appears ready keep raising Disney at every campaign stop, a defamation lawsuit would take on another dimension that gets loads of news coverage. Even though Disney would be the plaintiff in a defamation lawsuit, materials uncovered during discovery could put Disney in the position of defending its internal communications or business practices.

Persons: DeSantis, —, Ron DeSantis, Walt, David Logan, Roy Gutterman, Newhouse, Bob Iger, Daniele Venturelli, Eugene Hoshiko, Lidsky, Barbra Streisand, Logan, Charles Glasser, Glasser, Charles Sykes, Paul Hennessy, Gutterman, John Bazemore DeSantis, that's, it's, Disney Organizations: Disney, Service, Gov, Walt Disney, Walt Disney Company, Roger Williams University School of Law, Liberty, Center, Free Speech, Syracuse University, —, University of Florida, Florida Gov, Getty, New York University, Walt Disney World, AP Locations: Florida, North Carolina, Orlando, Philadelphia, Hill, California, Smyrna, Ga

☆ DeSantis pledges undocumented worker crackdown if elected to the White House, doubling down on plan Trump retreated from when he was president
▼ + stars: | 2023-06-26 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +8 min

Ron DeSantis' border security plan released Monday has numerous similarities to that of 2024 frontrunner former President Donald Trump. It was part of a sweeping immigration plan he unveiled in the border town of Eagle Pass, Texas, on Monday. In an email sent to reporters, the Trump campaign on Monday accused DeSantis of copying and pasting the former president's border plan. Most notably, the DeSantis plan agreed with Trump's idea to disallow children born to undocumented immigrants to receive automatic US citizenship. Just as when Trump was president, DeSantis pledged to remove people living in the US illegally from being counted toward the Census.

Persons: DeSantis, —, Ron DeSantis, Donald Trump, Trump, aren't, The Trump, Joe Biden, Paul Hennessy, Liam McBurney, MARIE UZCATEGUI Organizations: Service, Gov, Trump, The New York Times, Trump Organization, The, Florida Gov, Getty, Getty Images, GOP, Republican, US, Republicans, Border Patrol, Democratic Locations: Eagle Pass , Texas, Florida, Bedminster , New Jersey, AFP, Eagle, Texas, Sacramento , California

☆ Disney CEO Bob Iger's book hints at how he'll handle company's feud with Ron DeSantis
▼ + stars: | 2023-06-01 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +13 min

Insider turned to Disney CEO Bob Iger's 2019 book for insight on how he navigates challenges. As Florida's largest attraction with more than 70,000 jobs, Walt Disney World is crucial to both the company and the state. During his first tenure at Disney, Iger orchestrated the $4 billion acquisition of Marvel without a single leak. Under predecessor Disney CEO Michael Eisner, board members said they worried that Marvel was "too edgy" and "would tarnish the Disney brand." File photo of Disney CEO Bob Iger.

Persons: Ron DeSantis, Bob Iger's, Walt, Robert Iger, Iger's, Bob Chapek, DeSantis, Donald Trump, Disney, Iger, Steve Jobs, Jobs, Bob Iger, Chris duMond, Neilson Barnard, Scott Miller, Miller, that'd, Biden, he's, gunning, Charles Sykes, Paul Hennessy, Michael Eisner, Marvel, Harris, There's, Griffin, George Lucas, Roy Disney, Walt Disney's, he'd, they've, Lucas Organizations: Disney, Florida Gov, Morning, Walt Disney, Republican Gov, Walt Disney Co, Walt Disney Company, ABC, Pixar, Marvel Entertainment, LucasFilm, Century Fox, Marvel, Apple, Getty, Democrat, Bloomberg, Walt Disney World, Board, GOP, Reuters, Republicans, Harvard, Independents, Twitter, Bauer, Jobs, iTunes, Lucasfilm Locations: Florida, Orlando, Shanghai, American, China

☆ Consumer spending is slowing, but these two Club retailers are well-positioned to ride out the storm
▼ + stars: | 2023-05-23 | by ( Paulina Likos | ) www.cnbc.com time to read: +5 min

First-quarter earnings results from retailers this season have shown softer discretionary spending to be the primary headwind facing companies across numerous retail categories. If consumer spending declines too precipitously, it could help tip the U.S. economy into recession. The wholesale retailer's monthly comparable-sales reports have shown Costco shoppers scaling back on discretionary items and prioritizing consumer staples. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Shoppers wait in a check-out line at a Costco wholesale store in Orlando, Florida.

Persons: Mary Dillon's, Jim Cramer, Jim, we're, HomeGoods —, TJX, Jim Cramer's, Paul Hennessy Organizations: TJX Companies, Costco Wholesale, Lowe's Companies, Target, Walmart, Club, Fed, Ross, Costco, BJ's Wholesale Club Holdings, CNBC, Shoppers, Getty Locations: U.S, Orlando , Florida

☆ Elon Musk holds the keys to the moon because SpaceX's Starship megarocket launch is crucial to NASA's return
▼ + stars: | 2023-04-16 | by ( Marianne Guenot | Kate Duffy | ) www.businessinsider.com time to read: +9 min

The rocket, which NASA has tagged for upcoming missions, is crucial to NASA's return to the moon. The highly anticipated Starship launch will determine whether NASA's Artemis moon program is on track for success. NASA's SLS relies on Starship for the moon landingA Starship prototype being launched. NASA's SLS rocket, by contrast, has a high price tag for the taxpayer: The project has cost $50 billion in development since the program's inception in 2006. All of this makes NASA's SLS a poor competitor to SpaceX's shiny new rocket.

☆ Here are the Club’s 7 'safety stocks' for a volatile economic environment
▼ + stars: | 2023-03-28 | by ( Paulina Likos | ) www.cnbc.com time to read: +8 min

PG YTD mountain YTD peformance Jim called Procter & Gamble (PG) his favorite stock in the portfolio right now. COST YTD mountain YTD peformance Costco (COST) is one of the best retailers to own in a strained economy. HUM YTD mountain YTD peformance Humana (HUM) is our managed-care play and we're holding the stock for its defensive characteristics. JNJ YTD mountain YTD peformance Health care leader Johnson & Johnson (JNJ) has been a tough name to own as of late. PANW YTD mountain YTD peformance Cybersecurity giant Palo Alto Networks (PANW) is one of our newer holdings, which we started in mid-February .

☆ Morgan Stanley's favorite stocks to play the $6 trillion A.I. internet opportunity
▼ + stars: | 2023-03-03 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

The boom in artificial intelligence is just beginning, with a more than $5.9 trillion AI revenue opportunity ahead across the internet industry, according to Morgan Stanley. Alphabet already has about 50% upside to Morgan Stanley's price target and could see another 12% driven by AI. The company has nearly 65% upside to Morgan Stanley's price target and another nearly 9% upside driven by AI. Advertising technology company The Trade Desk has 5.5% upside to Morgan Stanley's price target and another 21.4% AI-driven upside. Lastly, Shutterstock has 13.2% upside to Morgan Stanley's price target and the largest AI-driven upside, at 38%.

☆ Elon Musk's Starlink satellites are ruining images from NASA's Hubble Space Telescope, threatening future science
▼ + stars: | 2023-03-03 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +8 min

NASA's Hubble Space Telescope is getting more satellites ruining its images, a new study found. Hubble images streaked with white lines show the impact of just one satellite flying through the telescope's field of view. The proportion of Hubble images that look like this is increasing as more satellites fill Earth's orbit, the study found. Hubble peers through a growing 'wall' between us and the universeThe Hubble Space Telescope in Earth's orbit. So far SpaceX has launched more than 3,000 Starlink satellites and plans to eventually maintain up to 42,000 satellites in orbit.

☆ Pence said he disagreed with DeSantis over Disney battle, breaking with the Florida governor ahead of possible 2024 matchup
▼ + stars: | 2023-02-22 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +6 min

Pence and DeSantis are presumed to be seeing the 2024 GOP nomination for president. Pence drew a distinction with DeSantis on Wednesday over how he handled Disney. Under a new bill that's before DeSantis, the governor will have the power to appoint a state-run board. DeSantis didn't mention during his stumping that he married his wife, Casey DeSantis, at Disney World in 2009, a fact Insider was first to report. DeSantis' battles against big corporations go beyond Disney.

☆ Biden wants EV chargers on every 50 miles of highway. That misses a key piece of the electrification puzzle.
▼ + stars: | 2023-02-15 | by ( Alexa St. John | ) www.businessinsider.com time to read: +5 min

But to boost EV adoption, not all chargers need to be on highways, experts say. The goal is to put 500,000 public EV chargers on US roads by 2030, up from about 130,000 currently. EV chargers need to meet people where they're at. Studies suggest that a lack of reliable and functional EV charging is one of the biggest factors standing in the way of consumer EV adoption. Of note, however, is that a majority of EV charging can technically be done at home.

☆ Meet Maye Musk, the Sports Illustrated cover model and the glamorous mother of one of the richest men in the world
▼ + stars: | 2023-02-04 | by ( Grace Kay | ) www.businessinsider.com time to read: +13 min

Despite her support for her children, Maye Musk has been a celebrity in her own right for decades. Maye Musk Maye Musk attended the Met gala with Elon Musk last year. "They followed their passions, and they all went in different directions," Maye Musk told Insider in a 2020 interview. Elon Musk, in particular, had tried his hardest in school, but only in the subjects he liked, Maye Musk said. Even at 14 years old, Maye Musk said Elon Musk had shown a passion for investing.

☆ Ron DeSantis just announced he has a memoir coming out soon. Here's what we learned from his first book, a scathing take on Obama
▼ + stars: | 2022-11-30 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +13 min

DeSantis wrote the book during the Tea Party movement and before he ran for Congress. He did so throughout his 2011 book, "Dreams from Our Founding Fathers: First Principles in the Age of Obama." According to NPD BookScan, which tracks retail sales of US print books, "Dreams from Our Founding Fathers" sold 125 copies through July of 2022. In one section of the book, DeSantis wrote that Obama lacked the humility of George Washington, the first US president. Obama, DeSantis wrote, "garnered flattering media coverage by a press thoroughly enamored with his progressive politics."

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