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The Macy's logo is seen at its store in Herald Square in New York City on Jan. 19, 2024. "Through our investigation, we found that Rehana's Cosmetics was well-known to shoplifters, who would willingly bring them stolen items," Bragg said. Manhattan District Attorney Alvin Bragg announced an indictment relating to more than $1 million in stolen goods as part of a retail theft fencing operation. The charges come as retailers such as Target and Ulta increasingly cite theft as a growing problem at their stores. In March, a monthslong CNBC investigation showed how police broke up an organized retail crime ring that stole millions in cosmetics from Ulta stores and resold them on Amazon .
Persons: shoplifters, Bragg, Rehana's, Alvin Bragg, Attorney Alvin Bragg Organizations: Empire, Manhattan, Attorney, CNBC, Attorney's Office, CVS, Manhattan District Locations: New York City, Midtown Manhattan, borough's, New York
Baylor University's $2 billion endowment — a fraction of those in the Ivy League — generated a 6.4% return for the fiscal year that ended June 30, outperforming the entire conference. Morehead joined the university in 2011, and since fiscal 2012, Baylor's endowment has more than doubled. The key to Baylor's endowment success, according to Chief Investment Officer David Morehead, is taking advantage of dislocations in the market. This increase comes as endowment returns have rebounded nationally. Endowment returns were up 7.7% in fiscal 2023, per the latest study by the National Association of College and University Business Officers and Commonfund.
Persons: Morehead, CNBC's, David Morehead, Baylor's annualized Organizations: Baylor University's, Ivy League, Brown University, Wall Street, National Association of College and University Business, CNBC, Nvidia
Baylor University's $2 billion endowment — a fraction of those in the Ivy League — generated a 6.4% return for the fiscal year that ended June 30, outperforming the entire conference. Morehead joined the university in 2011, and since fiscal 2012, Baylor's endowment has more than doubled. The key to Baylor's endowment success, according to Chief Investment Officer David Morehead, is taking advantage of dislocations in the market. This increase comes as endowment returns have rebounded nationally. Endowment returns were up 7.7% in fiscal 2023, per the latest study by the National Association of College and University Business Officers and Commonfund.
Persons: Morehead, CNBC's, David Morehead, Baylor's annualized Organizations: Baylor University's, Ivy League, Brown University, Wall Street, National Association of College and University Business, CNBC, Nvidia
The Utah Jazz is casting its net wide for international players. "We have scouts all over the world — almost every basketball country throughout the world," Danny Ainge, the team's CEO and governor, told CNBC's "Halftime Report" on Friday. All 30 NBA teams feature at least one international player this season. Ainge joined the Utah Jazz as CEO in December 2021 after leading basketball operations for the Boston Celtics for 18 years. This marks a 52.59% increase from last year and a 76.57% increase since the year Ainge joined the franchise.
Persons: Danny Ainge, CNBC's, Ainge Organizations: Utah Jazz, National Basketball Association, NBA, StubHub, Boston Celtics Locations: South America, Europe, Asia, U.S, Canada, France, Utah
Tuesday, Dec. 5, 2023: Cramer says these two Club holdings are a buyJim and Jeff discuss why there's an opportunity to buy these two holdings in the Charitable Trust. Jim also says that the current market sentiment toward this pharmaceutical stock is a mistake following the company's announcement that its obesity drug is now available in U.S. pharmacies. Finally, Jim explains why this megacap tech position is gaining right now.
Persons: Cramer, Jeff, Jim Organizations: Charitable Trust
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe world's largest iceberg is now sailing away from AntarcticaRecent satellite images show an iceberg roughly three times the size of New York City floating past the northern tip of the Antarctic Peninsula. According to the British Antarctic Survey, the berg named A23a is now likely to be swept along by the Antarctic Circumpolar Current into 'iceberg alley.' Once hosting a Soviet research station, A23a split from West Antarctica's Filchner-Ronne Ice Shelf in 1986.
Persons: berg, A23a, Antarctica's Organizations: British Antarctic Survey, Antarctic, Ronne Ice Shelf Locations: Antarctica, New York City, Soviet
Monday, Dec. 4, 2023: Cramer explains why he's exiting this manufacturing positionJim and Jeff explain why they're exiting this manufacturing position in the Charitable Trust. Jim also says they're looking to add more shares of this power management company in its place. Finally, Jim discusses why he believes this megacap tech holding should be owned but not traded.
Persons: Cramer, he's, Jim, Jeff Organizations: Charitable Trust
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIsrael resumes its offensive in Gaza after accusing Hamas of violating the seven-day truceIsrael announced it has resumed its offensive in Gaza after accusing Hamas of breaching the terms of a week-long truce. The truce expired at 7 a.m. local time on Friday morning. The announcement comes one day after U.S. Secretary of State Antony Blinken met with officials, including Israeli Prime Minister Benjamin Netanyahu and Palestinian Authority President Mahmoud Abbas, in Israel and the occupied West Bank.
Persons: Antony Blinken, Benjamin Netanyahu, Mahmoud Abbas Organizations: Israel, Palestinian, West Bank Locations: Gaza, Israel
Friday, Dec. 1, 2023: Cramer says this beer holding may be an opportunityJim and Jeff explain why this Mexican beer position in the Charitable Trust may be an opportunity to buy after Goldman Sachs upgraded the stock to 'Conviction Buy.' Jim also says this megacap tech stock could be a future opportunity amid its price decline. Finally, Jim discusses why he is holding off on making a decision on this retail holding despite it having a good month.
Persons: Cramer, Jim, Jeff, Goldman Sachs
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCOP28: What to expect from the UN's high-stakes climate change summitThe United States and China are ramping up their climate cooperation, agreeing earlier this month to triple renewable energy capacity globally by 2030 and "operationalize" a bilateral working group, among others. The move comes just weeks before nations gather at the 28th United Nations climate summit, also known as COP28. Here's what to know about the two-week conference.
Organizations: 28th United Locations: United States, China, 28th United Nations
Thursday, Nov. 30. 2023: Cramer breaks down earnings from this software holdingJim and Jeff explain why this software holding in the Charitable Trust had a great quarter following their earnings report. Jim also says this entertainment stock is a buy if you are new to the Club. Finally, Jim discusses which two companies are good for the holiday season.
Persons: Cramer, Jim, Jeff Organizations: Charitable Trust
Wednesday, Nov. 29, 2023: Cramer previews earnings for this software holdingJim and Jeff preview one software Club holding ahead of the company's quarterly earnings report later today. Jim also says he likes this manufacturing position heading into the holiday season. Finally, Jim explains why he believes this cybersecurity stock is one of the best names in the group right now.
Persons: Cramer, Jim, Jeff
Tuesday, Nov. 28, 2023: Cramer breaks down the rally for this cybersecurity holdingJim and Jeff explain why this cybersecurity holding in the Charitable Trust has been able to rally, reaching a new 52-week high today. Jim also says the stock price of this semiconductor position can rise after the completion of its acquisition of VMware. Finally, Jim previews earnings results for this beauty retailer.
Persons: Cramer, Jim, Jeff Organizations: Charitable, VMware
Monday, Nov. 27, 2023: Cramer sells shares of this megacap tech holdingJim and Jeff discuss why they're trimming this megacap tech position in the Charitable Trust. Jim also says the selling of this software holding following the company's reporting of its quarterly results is a mistake. Finally, Jim explains why there's nothing wrong with buying one or two shares of this semiconductor company.
Persons: Cramer, Jim, Jeff Organizations: Charitable Trust
Israel and Hamas agree to a humanitarian pause in Gaza
  + stars: | 2023-11-22 | by ( Sean Conlon | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIsrael and Hamas agree to a humanitarian pause in GazaQatar said on Wednesday that Israel and Hamas agreed to a humanitarian pause in the Gaza Strip. As part of the deal, 50 civilian women and children hostages held in Gaza will be released in exchange for a number of Palestinian women and children detained in Israeli prisons. Following the announcement, the White House announced on X that more humanitarian shipments from USAID have arrived in Egypt to cross into Gaza.
Organizations: Israel, White, USAID Locations: Gaza Qatar, Israel, Gaza, Egypt
Tuesday, Nov. 21, 2023: Cramer says it's 'too soon' to add shares to this megacap tech positionJim explains why he believes it's not yet the time to buy more shares of this megacap tech position in the Charitable Trust. Jim also discusses why the stock price of this life sciences holding can go higher with the company's acquisition of biotechnology firm Abcam. Finally, Jim says that this department store stock is the one to be interested in for playing the retail trade.
Persons: Cramer, it's, Jim Organizations: Charitable Trust
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch a timeline of the drama between Sam Altman, OpenAI and MicrosoftHundreds of OpenAI employees have signed a letter threatening to join former OpenAI CEO Sam Altman at Microsoft if OpenAI's remaining board members resign. Altman was forced out of OpenAI on Friday by the company's board over communication issues. OpenAI's chief technology officer Mira Murati was appointed as interim CEO following Altman's ousting.
Persons: Sam Altman, OpenAI, Altman, Mira Murati Organizations: Microsoft Locations: OpenAI
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormula 1's Las Vegas Grand Prix opening practice canceled due to a broken manhole coverLas Vegas Grand Prix's Free Practice 1 was canceled less than 10 minutes into the session on Thursday due to the concrete frame around a manhole cover failing, damaging Esteban Ocon's Alpine as well as the engine, energy store, and control electronics of Carlos Sainz's Ferrari.
Persons: Esteban, Carlos Sainz's Ferrari Organizations: Vegas
Friday, Nov. 17 2023: Cramer says this Big Bank stock remains a buyJim and Jeff discuss why they believe there's an opportunity to add to this bank position in the Charitable Trust right now. Jim also says people have forgotten about this life sciences and medical holding ahead of the company's expected acquisition of Abcam next month. Finally, Jim explains why people tend to start buying this construction stock in a bull market.
Persons: Cramer, Jeff, Jim Organizations: Big Bank, Trust Locations: Abcam
Thursday, Nov. 16, 2023: Cramer on why this cybersecurity stock looks like a 'buying opportunity'Jim and Jeff discuss why there's a buying opportunity for this cybersecurity holding in the Charitable Trust after the company reported a recent earnings beat. Jim also says this retail stock has more to go. Finally, Jim explains why they added this manufacturing position to the portfolio yesterday.
Persons: Cramer, Jim, Jeff
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIsraeli forces raid al-Shifa hospital, drawing harsh criticism from WHOIsraeli forces raided al-Shifa hospital in Gaza on Wednesday, with the IDF spokesperson saying the country's forces were conducting a "precise" operation against Hamas in a specified area of the hospital's complex. In response, WHO Director-General Tedros Adhanom Ghebreyesus said the Israeli military incursion was "totally unacceptable." The raid comes as al-Shifa hospital director Muhammad Abu Salmiya told Al Jazeera that the hospital has lost access to water, electricity and oxygen supplies.
Persons: Tedros Adhanom Ghebreyesus, Muhammad Abu Salmiya, Al Jazeera Organizations: WHO, Hamas Locations: Gaza
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThis Ferrari GTO from 1962 just sold for record-breaking $51.7 million at auctionThis car, chassis no. 3765, has become the most valuable Ferrari ever sold at auction and has the second-highest price ever achieved for any car at auction. It's the only factory GTO Tipo 1962 to have been raced by Scuderia Ferrari. Driven by Mike Parkes and Lorenzo Bandini for the Scuderia Ferrari at the 1962 24 Hours of Le Mans, no. 3765 earned a class win and finished second overall at the 1962 Nürburgring 1000 KM.
Persons: Mike Parkes, Lorenzo Bandini Organizations: Ferrari, Scuderia Ferrari
Tuesday, Nov. 14, 2023: Cramer says this consumer staples holding remains a 'buy'Jim and Jeff explain why they think you can still buy more shares of this consumer staples position in the Charitable Trust. They also discuss why they believe any housing-related stock stands to benefit most with lower interest rates. Finally, Jim says this megacap tech stock is not expensive despite reaching a new 52-week high today.
Persons: Cramer, Jim, Jeff Organizations: Charitable Trust
Monday, Nov. 13, 2023: Cramer breaks down why 'homework' matters for this mega-cap tech stockJim and Jeff discuss why they're not thinking of selling this megacap tech holding in the Charitable Trust. Jim also says he believes there may be a move in this computer software stock. Finally, Jim explains why he likes this pharmaceutical position over one of the company's competitors.
Persons: Cramer, Jeff, Jim Organizations: Charitable Trust
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBiden's $105 billion national security package: What's going to Israel and Ukraine? In a recent address to the nation, U.S. President Joe Biden said he wants the United States to once again become the "arsenal of democracy." The president has since called on Congress to approve his aid package request for Ukraine and Israel, as well as Taiwan and the U.S. southern border. While America has a decades-long history of providing assistance to both countries, growing tensions among congressional lawmakers over whether to bundle Ukraine's and Israel's aid together may get in the way.
Persons: Joe Biden Locations: Israel, Ukraine, U.S, United States, Taiwan, America
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