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HIFIs are people who are high income, financially insecure. They're predominantly made up of millennials and Gen Zers who want to exude wealth. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . People who fall into this category are HIFIs, individuals who are high income, financially insecure. They're predominantly made up of millennials and Gen Zers, per Sherwood News, who want to exude "old money" or "quiet luxury" but who are struggling to keep up with their lifestyle creep.
Persons: Gen Zers, Organizations: Service, Sherwood News, DINKs Locations: millennials, Sherwood
The Daily Beast has long been an outlier in the digital empire of the billionaire Barry Diller. As sites like Match.com and Expedia made millions over the years, Mr. Diller’s digital tabloid lost money, publishing scoop after scoop but struggling to turn a profit. Mr. Sherwood and Ms. Coles will be granted an equity stake equivalent to roughly half of The Daily Beast, with IAC keeping the majority, according to a person familiar with the matter. Mr. Sherwood, 60, will be its chief executive and publisher, and Ms. Coles, 61, will be chief creative and content officer. The decision to bring in Mr. Sherwood and Ms. Coles came after Mr. Diller considered a sale of The Daily Beast and had conversations with various suitors.
Persons: Barry Diller, Expedia, Diller, he’s, Ben Sherwood, Joanna Coles, Sherwood, Coles, Janice Min Organizations: Disney ABC Television Group, Hearst Magazines, IAC, Daily, Hollywood, Ankler Media, The Hollywood Locations: Ben
Where the border wall stops, smugglers see opportunity. Evelio Contreras/CNNBut now there are patrols from the Mexican Army and National Guard along with immigration officers, looking to stop the migrants from reaching the US. Tents at the border wall become temporary homes for those sent to patrol then land around Ejido Jacumé. These people were stopped before they reached the Mexico-US border, officials said. CNN witnessed the detention of mostly men, with some women and children, from Brazil and Guatemala this week, near one of the border wall gaps close to Ejido Jacumé.
Persons: Ejido, Evelio Contreras, David Pérez Tejada, , , he’d, ” Pérez Tejada, Spikes, Pérez Tejada, , Joe Biden, Andres Manuel Lopez Obrador, John Kirby, Antony Blinken, Liz Sherwood, Randall, Alejandro Majorkas Organizations: Mexico CNN, Border Patrol, CNN, Mexican Army, National Guard, Mexico’s Migration National Institute, Local, Customs, Border Protection, Spikes, , National Security, House Homeland, Homeland, Grupo Beta Locations: Baja California, Mexico, United States, San Diego, Ejido, Tijuana, California, Brazil, Guatemala, Mexican, Washington, Mexico City
This week's question: Can you go into "buy to open," "buy to close," sell to open," and "sell to close" for options trades? If I believe the price of Apple will go up, I would buy to open a call option. This means I pay for the right, but not the obligation, to call on Apple shares — from the call option seller — should they appreciate. If I sell to close a put option, I'm booking a profit on Apple shares after they've declined. I will sell to close the contract I bought to open and buy to close the contract I sold to open (both trades are "to close").
Persons: Jim Cramer, Dave M, Jim, Squawk, Virginia Sherwood Organizations: Apple, they've, CNBC
Finding Great Coffee in Ho Chi Minh City
  + stars: | 2024-02-23 | by ( Seth Sherwood | ) www.nytimes.com   time to read: +1 min
Other than Brazil, no nation produces more coffee than Vietnam. Introduced by French colonists in the 19th century, the country’s coffee crop is now a $3 billion business and accounts for nearly 15 percent of the global market, making Vietnam the java giant of Southeast Asia. Quality, however, has only recently begun to catch up with quantity, mainly because farmers have begun augmenting Vietnam’s longtime cultivation of cheaper, easy-to-grow robusta beans with a connoisseur’s favorite, arabica. A major beneficiary has been the cafe scene in the country’s largest metropolis, Ho Chi Minh City (a.k.a. Thanks to direct crop-to-shop supplies, the retail business of coffee is booming as increasing numbers of indie roasteries and specialty coffeehouses sprout up around the city’s French colonial opera house, amid the megamalls and boutiques of fashionable Dong Khoi Boulevard, and in the shadows of the high-rise towers in District 2.
Locations: Brazil, Vietnam, Southeast Asia, Ho Chi Minh City, Saigon, Dong, District
LOS ANGELES (AP) — Patrick Cantlay and Xander Schauffele first competed at cards on the long flight to Australia for the Presidents Cup. Cantlay was solid as ever Saturday in the Genesis Invitational until a soft bogey toward the end of the round that effectively cut his lead in half. The final group is Cantlay and Schauffele, a pair of Californians who are now neighbors in Florida. Cantlay is trying to join Max Homa (2021) and John Merrick (2013) as players from the greater Los Angeles area trying to win what amounts to a hometown event. “Being from southern California, it's one of the tournaments on the list that I'd like to win the most,” Cantlay said.
Persons: — Patrick Cantlay, Xander Schauffele, Schauffele, Will Zalatoris, Cantlay, Tiger Woods, Jordan Spieth, Zalatoris, , ” Cantlay, Woods, , ” Schauffele, we’re, Didn’t, Luke List, Harris, Jason Day, Max Homa, John Merrick, ___ Organizations: ANGELES, Riviera, Tiger, , BMW, Wilmington Country Club, Travelers, PGA, Ryder, Cup, UCLA, Virginia Country Club, Sherwood Locations: Australia, Florida, Zurich, New Orleans, Riviera, Los Angeles, Thousand Oaks, California
Cuba Charges 30 Over Massive Chicken Heist
  + stars: | 2024-02-10 | by ( Feb. | At A.M. | ) www.usnews.com   time to read: +2 min
HAVANA (Reuters) - Cuba has charged 30 people for stealing 133 tonnes of chicken and selling them on the street in a rare major heist at a time of food shortages in the communist-run nation. The chicken had been earmarked for Cuba`s "rationbook" system introduced after the late Fidel Castro's 1959 revolution to provide subsidized staples for all. Rigoberto Mustelier, director of government food distributor COPMAR, said the quantity stolen was the equivalent of a month`s ration of chicken for a medium-sized province at current distribution rates. The amount of chicken available via the rationbook has fallen sharply in recent years as economic crisis has brought scarcities of food, fuel and medicines. Authorities did not say when the chicken theft took place, but noted it likely occurred between midnight and 2 a.m., when they detected fluctuations in the temperature of the cold storage facility.
Persons: Fidel Castro's, Rigoberto Mustelier, Dave Sherwood, Andrew Cawthorne Organizations: TV, Authorities Locations: HAVANA, Cuba, Havana, Cuban
36 Hours in Marrakesh, Morocco
  + stars: | 2024-02-08 | by ( Seth Sherwood | ) www.nytimes.com   time to read: +4 min
Leave Jemaa el Fna — the huge, chaotic, carnivalesque marketplace seen on every postcard — to the cobra charmers, hustlers and package-tour throngs. In the early 20th century, Thami el Glaoui, the onetime ruler of Marrakesh — known as the bacha in local Arabic — was a legend. The Islamic decorative arts find dazzling expression inside the Medersa Ben Youssef, a centuries-old religious school adorned with some of the finest craftsmanship in Morocco. Follow the buttery scent of leather to a passage called Derb el Hammam in Souk Smata, the leatherworking area of the medina. Sunlight filters through the overhead slats of the stalls, illuminating belts, bags, jackets, ottomans and slippers known as babouches — a favorite Morocco souvenir (prepare to haggle).
Persons: Fna, You’ll, Bab Doukkala, Malak Nafy, It’s niched, Hassan Hajjaj, Andy Warhol, Thami el, , Rue Fatima Zahra, Maison Reine, Naelle, Ben Youssef, el Fna Organizations: Bab, Rue Dar el, of Confluences, Rue Fatima, Franco Locations: Medina, Bab, Rue, Moroccan, Marrakesh, el Bacha, medina, , Algerian, artfully, Morocco, Hammam, Souk Smata
HAVANA (Reuters) - Cuban president Miguel Díaz-Canel sacked economy minister Alejandro Gil on Friday, state media reported, as controversy continued to grow over the delay of recently announced measures to hike the price of fuel and transportation fares in the communist-run country. The Council of State, under Diaz-Canel`s direction, has appointed Central Bank president Joaquín Alonso, 60, to replace Gil. The upheaval comes just two days after the government put off an unpopular five-fold hike in gasoline prices planned for Feb. 1, saying a cyberattack from outside Cuba had thwarted implementation. Former economy minister Gil had advocated for the unpopular plan to raise prices for many government subsidized services, and has long been criticized for his management of the country`s near-bankrupt economy. Gil's planned price hikes, initially announced in December and early January, rocked Cuba, where residents have long depended on a vast program of state subsidized food, fuel and medicine.
Persons: Miguel Díaz, Canel, Alejandro Gil, Diaz, Joaquín Alonso, Gil, Elba Rosa Perez, Eduardo Martinez, Alberto Lopez, Manuel Santiago Sobrino, Nelson Acosta, Dave Sherwood, Kirsten Donovan Organizations: of State, Central Bank, Technology, Food Industry Ministry Locations: HAVANA, Cuban, Cuba, Santa Clara
36 Hours in Turin, Italy
  + stars: | 2024-02-01 | by ( Seth Sherwood | ) www.nytimes.com   time to read: +1 min
11 a.m. Find yourself in the center of historyA panorama of Turin history unfolds around Piazza San Giovanni, a central square. To the north, see the Porta Palatina, a red-brick Roman-era gate to the city. To the east, and down some stairs, the ruins of a Roman amphitheater (free admission) hide in the shadow of the Galleria Sabauda (€15), a Neoclassical museum that houses art collected by the dukes and kings of the House of Savoy, a historic royal dynasty. Next to the museum, the tall bell tower of the Renaissance-era Cathedral of St. John the Baptist soars over the unattached main building, whose chapel holds the Shroud of Turin, a 14-foot cloth bearing the faint image of a bearded man that some believe to be Jesus Christ. The cloth is not displayed to the public, but the Museum of the Shroud (€8), a short walk away, explains its history and some of the scientific studies done to determine its origins.
Persons: Piazza, of Savoy, John the, Jesus Christ Organizations: Piazza San Giovanni, of Locations: Turin, Piazza San, St, of Turin
With Wednesday's hot purchasing managers' numbers that demonstrate the strength of both the service and manufacturing portions of the economy, it's even more doubtful that we will get rate cuts soon. After all, inflation is the most ruinous force against us, and we must be sure it does not come back. We don't want rate cuts because the economy is weak. Additionally, rate cuts foment inflation, and that won't help the stock market, either. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: let's, it's, DR, FactSet, , Jim Cramer's, Jim Cramer, Jim, Squawk, Virginia Sherwood Organizations: Federal, White, Silicon Valley Bank, Dupont, Texas, Nvidia, Netflix, Jim Cramer's Charitable, CNBC Locations: U.S, Silicon
We don't know what we want. The rails are too significant to ignore even as the bond market seems to rely, I would say, wrongly, on the broader data. I think it's a factor of big money flows that aren't sensitive to what moves rates and don't mind being wrong. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Tesla, ServiceNow, Bill McDermott, Russell, , Abbott, Gamble, Jon Moeller, Heels, what's, hasn't, Steve Jobs, Ray, Kimberly, Clark, Jim Cramer's, Jim Cramer, Jim, Virginia Sherwood Organizations: Union Pacific, CSX, Norfolk Southern, Federal Reserve, Silicon Valley Bank, Microsoft, Nvidia tacking, Google, Apple, Nvidia, JPMorgan Healthcare Conference, Abbott Laboratories, Investing, JPMorgan, Novartis, Walgreens Boots Alliance, Procter, Super, YouTube, Netflix, Vision, Pro, Jim Cramer's Charitable, CNBC, NYSE Locations: U.S, Silicon, San Francisco, Amgen, China
Here's our Club Mailbag email investingclubmailbag@cnbc.com — so you send your questions directly to Jim Cramer and his team of analysts. The objective of staying current with Wall Street research, news events, industry trends and macroeconomic shifts is to answer one big question: Is my investment thesis still intact? As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, — Melissa Goldberg, Phil Fisher, Piper, Jim, Locker, Squawk, Virginia Sherwood Organizations: Wall, Club, Costco, CNBC Locations: Maxx
Here's a rapid-fire update on all the stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. If we get a sell-off in January, Eaton is a logical place to look to buy, Jim said. Procter & Gamble : It's possible that 2024 is a better year for P & G the company than P & G the stock, Jim said. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Jim Cramer's, Jim, they'll, we've, there's, he'd, Dupont De, Ed Breen, Danaher, Walt Disney, Bob Iger, Trian's Nelson Peltz, Estee Lauder, Bausch, we're, Eaton, Mary, Eli Lilly's, he's, Vimal Kapur, Kapur, We've, Eli Lilly, Mark Zuckerberg, Morgan Stanley, Morgan, Elliott, Stanley Black, Decker, TJ Maxx, Charlie Scharf, it's, Jim Cramer, Virginia Sherwood Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Broadcom, VMWare, Bausch, Bausch Health, Charitable Trust, Caterpillar, Federal, Costco Wholesale, Coterra Energy, Dupont De Nemours, Fed, Walt, Eaton Corporation, Ford, GE Healthcare, Google, Honeywell, New, Facebook, Meta, Reality Labs, Microsoft, Activision Blizzard, Nvidia, AMD, Apple, Palo Alto Networks, Procter & Gamble, Constellation Brands, Elliott Management, Constellation, Modelo, Corona, Street, TJX, TJ, Wynn Resorts, Jim Cramer's Charitable, NYSE Locations: hospitalizations, China, U.S, Palestine, Wells Fargo
He became passionate enough about it to launch a youth sports venture, MOJO Sports, following his tenure at Disney. Parents and youth team managers use TeamSnap, founded in 2009, to organize rosters and schedules, while enabling communication between parents and coaches. The resources give coaches the material and know-how to lead a better, and more fun, team practice, Sherwood said. When your kids are involved in youth sports, every weekend becomes Super Bowl weekend, said TeamSnap CEO Peter Frintzilas. "This is a defining moment for TeamSnap and for youth sports," Frintzilas added in a company statement.
Persons: Ben Sherwood, Sherwood, TeamSnap, who's, Peter Frintzilas, Frintzilas, Ben Organizations: Disney, East, West Coasts, MOJO, CNBC, Major League Baseball Locations: West
Evan McPherson's 48-yard field goal in overtime was the difference and ended a three-game losing streak on the season and a nine-game road skid on MNF. It ended an otherwise stellar night for Lawrence, who completed 22 of 29 passes for 259 yards and two touchdowns. Browning completed 32 of 37 passes and directed the overtime drive that set up McPherson's field goal. Beathard put the Jaguars in position for Brandon McManus’ 40-yard field goal with 26 seconds remaining in regulation. “It should have been a game-winning field goal,” said Jaguars coach Doug Pederson, pointing to the 48-yarder McManus missed early in the fourth.
Persons: — Jake Browning, Browning, Zac Taylor, Evan McPherson's, Trevor Lawrence, Walker Little, Lawrence, Joe Burrow, McPherson, Beathard, Brandon McManus ’, , Doug Pederson, McManus, Ja'Marr Chase, , Taylor, ” Joe Mixon, Chase Brown, Mixon, Tyler Boyd, Josh Allen, Allen, ” Taylor, Mixon's, Orlando Brown, Brown, HIGGINS, Tee Higgins, Higgins, TAYLOR BRO, Sherwood Taylor, Christian Kirk, Tre Herndon, Foley Fatukasi, Andre Cisco, ___ Organizations: Cincinnati Bengals, Jacksonville Jaguars, Bengals, Jaguars, Jacksonville, Pittsburgh, Press, Kansas State, NEXT, Indianapolis, Sunday Locations: JACKSONVILLE, Fla, Florida, banged, Lawrence, Kansas, Norman , Oklahoma, Cleveland
NHL roundup: Lightning's Andrei Vasilevskiy wins season debut
  + stars: | 2023-11-25 | by ( ) www.reuters.com   time to read: +12 min
Jake DeBrusk and Danton Heinen scored for Boston, which had gained points in seven straight games since a 5-4 loss in Detroit on Nov. 4. Kiefer Sherwood had a goal and two assists for the Predators, who won their fourth straight game. Ryan Nugent-Hopkins scored one goal and added two assists, while Evander Kane and Evan Bouchard also scored for the Oilers. Johnathan Kovacevic also scored and Cayden Primeau made 31 saves for Montreal, which won its second straight road game. Kirill Kaprizov had a goal and an assist and Joel Eriksson Ek also scored for Minnesota, which lost its sixth straight game.
Persons: Andrei Vasilevskiy, James Guillory, Nikita Kucherov, Steven Stamkos, Brandon Hagel, Luke Glendening, Hagel, Stefan Noesen, Michael Bunting, Antti Raanta, Vasilevskiy hadn't, Conn Smythe, Kevin Korchinski, Connor Bedard's, Ilya Samsonov, Korchinski, Jason Dickinson, Arvid Soderblom, Nicholas Robertson, Calle Jarnkrok, Ryan Reaves, Max Domi, Alex DeBrincat, Compher, Robby Fabbri, Dylan Larkin, David Perron, Shayne Gostisbehere, Ville Husso, Jake DeBrusk, Danton Heinen, David Pastrnak, Jeremy Swayman, Mika Zibanejad, Chris Kreider, Zibanejad, Kreider, Igor Shesterkin, Sean Couturier, Luke Evangelista, Filip Forsberg, Louis, Kiefer Sherwood, Ryan O'Reilly, Yakov Trenin, Spencer Stastney, Alexandre Carrier, Kevin Lankinen, Pavel Buchnevich, Robert Thomas, Jake Neighbours, Kevin Fiala, Cam Talbot, Anze Kopitar, Arthur Kaliyev, Quinton Byfield, Adrian Kempe, Trevor Moore, Drew Doughty, Kopitar, Marcel Dionne, Radko Gudas, Alex Killorn, John Gibson, Elvis Merzlikins, Merzlikins, Jack Hughes, Jesper Bratt, Eric Robinson, Boone Jenner, Alexander Holtz, Akira Schmid, Leon Draisaitl, Connor McDavid, Stuart Skinner, Ryan Nugent, Hopkins, Evander Kane, Evan Bouchard, Zach Hyman, Charlie Lindgren, Cole Caufield, Jesse Ylonen, Johnathan Kovacevic, Cayden Primeau, William Eklund, Tomas Hertl, Mike Hoffman, Mackenzie Blackwood, Eklund, Nick Suzuki, Hoffman, Ylonen, Blackwood, Connor Hellebuyck, Nino Niederreiter, Nikolaj Ehlers, Adam Lowry, Hellebuyck, Sergei Bobrovsky, Aleksander Barkov, Blake Coleman, Elias Lindholm, Yegor Sharagovich, A.J, Greer, Adam Ruzicka, Calgary's Mikael Backlund, Nazem Kadri, Andrew Mangiapane, Jacob Markstrom, Wyatt Johnston, Jason Robertson, Joe Pavelski, Jamie Benn, Evgenii, Jake Oettinger, Kurtis MacDermid's, Ross Colton, Valeri Nichushkin, Alexandar Georgiev, Kirill Kaprizov, Joel Eriksson Ek, Filip Gustavsson, Alex Tuch, Jeff Skinner, Tuch, Kyle Okposo, Victor Olofsson, Ukko, Pekka Luukkonen, Sidney Crosby, Lars Eller, Alex Nedeljkovic, Mathew Barzal, Anders Lee, Kyle Palmieri, Oliver Wahlstrom, Simon Holmstrom, Alexander Romanov, Brock Nelson, Semyon Varlamov, Drake Batherson, Tim Stutzle, Mathieu Joseph, Anton Forsberg, Sam Lafferty, Thatcher Demko, Teddy Blueger, Dakota Joshua, Nils Hoglander, Ilya Mikheyev, Nils Aman, Conor Garland, Tye Kartye, Joey Daccord Organizations: Tampa Bay, Carolina Hurricanes, PNC Arena, Tampa Bay Lightning, Tampa, Hurricanes, NHL, Blackhawks, Maple Leafs, Chicago, Toronto, Red Wings, Bruins, Detroit, Boston, Rangers, Flyers, Philadelphia, Metropolitan Division, Blues, Nashville, St, Predators, Ducks, Los, Anaheim, The Buffalo Sabres, Kings, Blue Jackets, Devils, Oilers, Capitals, Edmonton, Washington, Canadiens, Montreal, San, Jets, Panthers, Winnipeg, The Jets, Vezina, Florida, Flames, Calgary, Dallas, Stars, Avalanche, Colorado, Minnesota, Penguins, Buffalo, Pittsburgh, Sabres, Islanders, Senators, Ottawa, Canucks, Vancouver, Seattle, Thomson Locations: Raleigh , North Carolina, USA, Raleigh, N.C, Tampa Bay, Toronto, Detroit, New York, Los Angeles, Columbus, Newark , N.J, Jose, San Jose, Winnipeg, Sunrise, Fla, Florida, Saint Paul, Dakota
European Union's Special Representative for Human Rights, Eamon Gilmore, speaks during a meeting with Cuban authorities in Havana, Cuba, November 24, 2023. EU foreign policy chief Josep Borrell, on a visit to Cuba earlier this year, announced Gilmore`s visit but told reporters the EU would not "impose" demands on the island`s government. Rights groups say around 1,000 Cubans were jailed for their political beliefs following the demonstrations and several subsequent protests. "No one is convicted for their political opinions," Cuba`s foreign ministry said prior to Gilmore`s visit on social media. "We call on the Cuban government to respect the human rights of everyone, including the rights of political prisoners and those unjustly detained."
Persons: Eamon Gilmore, Alexandre Meneghini, Gilmore, Josep Borrell, Fidel Castro's, Luis Barrios Díaz, la Torre, Barrios Diaz `, Dave Sherwood, Alien Fernandez Organizations: Human Rights, Cuban, REUTERS, Rights, EU, European Union, U.S, U.S ., Thomson Locations: Havana, Cuba, Rights HAVANA, United States, EU, Cuban
Warren Buffett has made giving away Berkshire Hathaway stock a Thanksgiving tradition. He just donated $866 million worth of shares to his family's foundations, echoing last year's gift. Buffett discussed wealth and philanthropy, and revealed fresh details about his estate planning. The famed investor donated close to $900 million worth of his company's stock to four of his family's foundations on Tuesday, topping his nearly $800 million gift last November. He gave 1.5 million B shares to The Susan Thompson Buffett Foundation, named after his late wife, and 300,000 shares to each of his three children's organizations: The Sherwood Foundation, The Howard G. Buffett Foundation, and NoVo Foundation.
Persons: Warren Buffett, Buffett, , Warren Buffett's, Susan Thompson Buffett, Howard G, Melinda Gates, — Howard, Susan, Peter —, Greg Abel Organizations: Berkshire Hathaway, Service, Berkshire Hathaway's, Susan Thompson Buffett Foundation, The Sherwood Foundation, Buffett Foundation, NoVo Foundation, Melinda Gates Foundation, Berkshire Locations: Berkshire
Warren Buffett, chairman and CEO of Berkshire Hathaway, smiles as he plays bridge following the annual Berkshire Hathaway shareholders meeting in Omaha, Nebraska, May 5, 2019. Warren Buffett donated more than $870 million in Berkshire Hathaway stock to four family foundations before Thanksgiving, assuring investors in a letter that the conglomerate is "built to last." The 93-year-old legendary investor donated 1.5 million Class B shares of his conglomerate to the Susan Thompson Buffett Foundation, named for his first wife. He also gave 300,000 Class B shares to each of the three foundations run by his children: the Sherwood Foundation, the Howard G. Buffett Foundation and the NoVo Foundation. The "Oracle of Omaha" pledged to give away the fortune he built at Berkshire, the Omaha-based conglomerate he started running since 1965.
Persons: Warren Buffett, Berkshire Hathaway, Susan Thompson Buffett, Howard G, Buffett, Greg Abel, he's Organizations: Berkshire, Berkshire Hathaway, Susan Thompson Buffett Foundation, Sherwood Foundation, Buffett Foundation, NoVo Foundation, Oracle, BNSF Railway, Apple Locations: Omaha , Nebraska, Berkshire Hathaway, Omaha, Berkshire, United States
Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc's annual shareholder meeting in Omaha, Nebraska, U.S., May 4, 2019. In a regulatory filing, Berkshire said Buffett donated 1.5 million Class B shares of Berkshire to the Susan Thompson Buffett Foundation. The donations supplement the $759 million of Berkshire stock that Buffett donated to the charities at this time last year, also just before the U.S. Thanksgiving Day holiday. Greg Abel, 61, a Berkshire vice chairman, is slated to succeed Buffett as Berkshire's CEO, while Howard Buffett would become non-executive chairman. The Howard G. Buffett Foundation focuses on alleviating hunger, mitigating conflicts, combating human trafficking and improving public safety.
Persons: Warren Buffett, Scott Morgan, Berkshire Hathaway, Buffett, Susan Thompson Buffett, Howard, Susan, Peter, Howard G, Greg Abel, Howard Buffett, Melinda Gates, Bhanvi, Jonathan Stempel, Arun Koyyur, Lisa Shumaker, David Gregorio, Shri Organizations: Berkshire Hathaway, REUTERS, Berkshire, Susan Thompson Buffett Foundation, Buffett Foundation, Sherwood Foundation, NoVo Foundation, Forbes, Melinda Gates Foundation, Gates Foundation, Apple, Thomson Locations: Omaha , Nebraska, U.S, Berkshire, Nebraska, Bengaluru, New York
[1/4] Karolina Vasquez Ramirez plays with her dogs Bingo and Dasha in her home before departing to the airport, in Havana, Cuba, October 25, 2023. It has been very cumbersome," said Osorio, who helped Cuban migrant Karolina Vazquez reunite with her dogs Bingo and Sasha in the United States. "Many of the migrants still cannot come (back to Cuba) and so they rely on third parties to send them their pet." The U.S., the top destination for migrants, has placed Cuba on a list of countries with a high risk of dog rabies, adding additional hoops to the process. Cuba does not have a U.S.-approved laboratory, Vidal told Reuters, which means rabies blood tests must be sent abroad for analysis.
Persons: Karolina Vasquez Ramirez, Dasha, Carlos Carrillo, Nathalie Osorio, Osorio, Karolina Vazquez, Sasha, Maria Gloria Vidal, Vidal, Alien Fernandez, Anett Rios, Dave Sherwood, Sandra Maler Organizations: REUTERS, Rights, Reuters, Cuba's National Center for Animal Sanitation, Thomson Locations: Havana, Cuba, Rights HAVANA, Fort Lauderdale , Florida, chihuahua, Cuban, United States, U.S
The United States - the top destination for Cuban migrants -in 2022 renewed talks with Cuba and has since increased legal pathways to migration for Cubans, including visa access in Havana, family reunification and humanitarian parole programs aimed at stemming illegal migration. But the problem won't go away, said Cuban vice foreign minister Carlos Fernandez de Cossio, until the United States eases sanctions on the island, which Cuba blames for devastating its already-ailing state-run economy. "For the United States, the priority of destabilizing Cuba continues to take precedence over its interest in protecting its borders in terms of migration," de Cossio told reporters following the talks. The U.S. says the sanctions are necessary to promote human rights and fundamental liberties in Cuba and that it makes exceptions for humanitarian purposes. Reporting by Nelson Acosta; editing by Dave Sherwood and Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.
Persons: Yireht, Yanara, Adrees Latif, Carlos Fernandez de Cossio, de Cossio, Nelson Acosta, Dave Sherwood, Leslie Adler Organizations: REUTERS, Rights, Cuban, U.S . State Department, Thomson Locations: Cuba, Rio, United States, Mexico, Eagle Pass , Texas, U.S, Rights HAVANA, Havana, Cuban, Caribbean
This migration wave includes many young people and "is having the greatest impact in history in terms of demographics, because of its composition," said Ernesto Soberon, director of Consular Affairs for the Cuban Foreign Ministry. Cuban expats have already invested in bed-and-breakfasts, eateries and other activities on the island, but Cuba would like to see more capital flow, he said. The conference is expected to attract Cubans living off island but with favorable views of their home country, including businesspeople, economists, and members of foreign resident associations. Around 2.5 million Cubans and their descendents now live off the island, Soberon said. "That will ultimately raise their standard of living so that they want to spend their lives here in Cuba and not abroad," he said.
Persons: Marco Bello, Ernesto Soberon, Soberon, Fidel Castro, Castro, Joe Biden, Dave Sherwood, Rosalba O'Brien Organizations: REUTERS, Rights, Reuters, Consular Affairs, Cuban Foreign Ministry, U.S, Cuban, Thomson Locations: Cuban, Cuba, Miami , Florida, U.S, Rights HAVANA, Caribbean, Havana
Now, 12 years later, Schroeder wears a bionic hand designed by the startup Aether Biomedical, and it's business as usual for him. Aether's hand, called the Zeus, can lift up to 77 pounds and switch between 12 different customizable grip patterns in real time. Aether works with upper limb amputees, and anyone with an amputation level between the wrist and the shoulder can use its Zeus hand. More than 200 patients are using Aether's Zeus hand, and like other bionic hands, it works by translating the electrical signals in the arm muscles. Aether's Zeus hand is approved by the U.S. Food and Drug Administration, and it's covered by all major insurance payers.
Persons: Andrew Hitz, Jeremy Schroeder, Schroeder, Schroeder's, Dhruv Agrawal, it's, Sarra Mullen, Mullen, Agrawal, they've Organizations: CNBC, U.S . Food, Drug Administration, J2 Ventures, Story Ventures, Technology Locations: Sherwood , Ohio, Poland, Chicago, Ukraine
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