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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWheaton Precious Metals CEO: The driving force on gold is strong demand in AsiaWheaton Precious Metals CEO Randy Smallwood joins CNBC's 'Money Movers' to discuss commodities, gold prices, mergers & acquisitions in gold mining, and more.
Persons: Randy Smallwood, CNBC's Organizations: Wheaton Precious Metals, Asia Wheaton Precious Locations: Asia
California's Senate is considering a bill that would change how retailers run self-checkout. The rule would prohibit retailers from offering self-checkout unless several conditions are met. AdvertisementThe California legislature is considering a proposal that would bring significant changes to the self-checkout lanes in the state. Self-checkout lanes would be limited to 10 items or fewer. A single worker may only be assigned to monitor two self-checkout stations, and they must have no other responsibilities during that time.
Persons: , Bill, Lola Smallwood, Cuevas, Cristine Soto DeBerry Organizations: Service, Bay Area NBC, Prosecutors Alliance of California, Bay Area ABC, ABC7, Walmart, Target, Costco Locations: California's, California
Special Education, Inc.
  + stars: | 2024-04-21 | by ( Meghan Morris | ) www.businessinsider.com   time to read: +34 min
AdvertisementNate Smallwood for BITo some, private equity's business model appears antithetical to special education. (The average public school district in Pennsylvania, where New Story operates the most schools, spends about $23,000 per child across all types of public education. "Private equity has no place in education — especially special education," Sen. Sherrod Brown of Ohio told BI. For instance, two Pennsylvania education directors left in spring 2023, according to records obtained by BI — one after just months in the role. AdvertisementNickie Coomer, a Colorado College education professor who has written about the privatization of special education, told BI that this data gap is a major regulatory hole, one that private-equity companies are happy to exploit.
Persons: Emily, Sarah, Nate Smallwood, Sarah didn't, , Mergermarket, Shanon Taylor, Taylor, Sen, Sherrod Brown, Bob Casey of Pennsylvania, Casey, Paul Volosov, Volosov, Jim Grinnen, Rachel Wisniewski, Christina Spielbauer, Spielbauer, Nathaniel Garnick, Garnick, sully, Craig Richards, He's, Richards, they're, " Richards, Judith McKinney, Grinnen, Donnell McLean, McLean, Natalie Stoup, Blackstone, haven't, Biden, of Education spokespeople, Nickie, , that's, didn't, Hill, Amy Hall Kostoff, Kostoff, Green, she'd Organizations: Business, State College ,, New, BI, Audax Group, Kentucky, Pennsylvania State Employees, Schools, Audax, Rock Academy, University of Nevada, Ohio, Pennsylvania Department of Education, Rock, Reading School District, River Rock Academy, Virginia's Department of Education, Green Tree, Pay, Tree, Autism, Forbes, NBC News, Federal Trade Commission, of Education, Colorado College, Tree School, Pennsylvania's Department of Education, Pennsylvania, In State College Locations: State College , Pennsylvania, Boston, Pennsylvania, Reno, , Ohio, New Story's, Rock, Virginia, , Ohio, New Jersey , Pennsylvania, New Story's New Cumberland , Pennsylvania, CARD's Virginia, Philadelphia, Rochelle Park , New Jersey
Gold prices near record highs
  + stars: | 2024-03-18 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGold prices near record highsWheaton Precious Metals CEO Randy Smallwood joins 'Money Movers' to discuss what's driving the price of Gold, if it's sustainable, and if the move is higher from adjacent commodities.
Persons: Randy Smallwood Organizations: Wheaton Precious
Tiger Woods at the practice range on April 5, 2022, before the start of the 2022 Masters at Augusta National Golf Club in Augusta, Georgia. Woods says the name of the brand "Sun Day Red" is a tribute to the fact that he's always worn red on Sundays. The tiger logo is a tribute to the 15 majors he has worn over the course of his career. The brand, Sun Day Red , will be available first only online beginning in May. Tiger Woods and TaylorMade have made it official.
Persons: Tiger Woods, Woods, Tiger, TaylorMade, David Abeles, Abeles, Mark Steinberg, Michael Jordan, Eric Smallwood, Smallwood, Rory McIlroy, That's, Josh Gerben, Gerben Organizations: Augusta National Golf Club, PGA, Sun, Nike, CNBC, TaylorMade, Air, Apex Marketing, of Famer, Apex, ESPN, Ventures, Gerben, CNBC PRO Locations: Augusta , Georgia, Pacific Palisades , California, Carlsbad , California, TaylorMade, Los Angeles
Global silver demand is forecast to reach 1.2 billion ounces in 2024, which would mark the second-highest level on record, the Silver Institute said in a recent report. "We think silver will have a terrific year, especially in terms of demand," Michael DiRienzo, executive director of the Silver Institute told CNBC. He expects silver prices to reach $30 per ounce, which would be a 10-year high, according to data from LSEG. Silver prices, like gold, tend to have an inverse relationship with interest rates. In contrast, gold prices usually rise during times of economic weakness or uncertainty.
Persons: Nicky Loh, Michael DiRienzo, Randy Smallwood Organizations: Silver Bullion, Bloomberg, Getty, Silver Institute, CNBC, Wheaton, Metals, U.S . Federal Reserve, Wheaton Precious Metals, Vw Locations: Singapore, India, U.S
Tiger Woods ends Nike partnership after 27 years
  + stars: | 2024-01-08 | by ( Jessica Golden | ) www.cnbc.com   time to read: +3 min
Tiger Woods during the pro-am as a preview for the Hero World Challenge at Albany Golf Course in Nassau on Nov. 29, 2023. Tiger Woods' 27-year partnership with Nike has come to an end. "Phil Knight's passion and vision brought this Nike and Nike Golf partnership together and I want to personally thank him, along with the Nike employees and incredible athletes I have had the pleasure of working with along the way," Woods wrote. In a statement, the company said: "For over 27 years, we have had the honor to partner with Tiger Woods, one of the greatest athletes the world has ever seen. Yet, Woods brought significant exposure to the Nike brand.
Persons: Woods, Tiger Woods, Phil Knight's, Mark Steinberg, Tiger, Roger Federer, Marc Maurer, it's, TaylorMade, aren't, Brian Yarbrough, Edward Jones, Eric Smallwood, LeBron James, Smallwood, — CNBC's Gabrielle Fonrouge Organizations: Nike, Nike Golf, CNBC, Apex Marketing, Golfers, CNBC PRO Locations: Nassau, Swiss, Orlando, Oregon
Opinion | How the Underground Railroad Got Its Name
  + stars: | 2023-09-11 | by ( Scott Shane | ) www.nytimes.com   time to read: +2 min
Born into slavery outside Washington, D.C., in 1801, he had largely educated himself and bought his own freedom 11 years before. And one day early that August he took up his pen and made literary history, becoming the first to use a phrase that would resound through the subsequent decades of slavery and to the present day: underground railroad. In researching a book about Mr. Smallwood, likely the most fascinating and important African American activist and writer you’ve never heard of, I stumbled upon the solution to an old historical mystery: Where did the Underground Railroad get its name? The answer: from Mr. Smallwood’s newspaper dispatches, overlooked until recently in aging newsprint stacked in a Boston Public Library warehouse. As I read through these extraordinary letters, a rare real-time account of escapes and a lost masterpiece of satire, I came across the first use of “underground railroad” from the Aug. 10, 1842, edition of Tocsin of Liberty, an abolitionist newspaper published in Albany.
Persons: Thomas Smallwood, enslavers, Smallwood, you’ve, antic, Organizations: Washington , D.C, U.S . Capitol, Railroad, Public Library, Washington Locations: Washington ,, Washington , Baltimore, Albany, N.Y, Liberty
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Persons: Dow Jones
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGold could break out to $2,500 'at some point here', says Wheaton CEO Randy SmallwoodRandy Smallwood, Wheaton Precious Metals CEO, joins 'Squawk on the Street' to discuss why gold prices could hit $2,500.
Persons: Randy Smallwood Randy Smallwood Organizations: Wheaton Precious Metals
Spot gold prices hit a record intraday high of $2,072.5 on Aug. 7, 2020, according to data from Refinitiv. We also see a return of physical gold jewelry demand from China and India as both economies stabilize and retail spending returns. Gold prices tend to have an inverse relationship with interest rates. "We also see a return of physical gold jewelry demand from China and India as both economies stabilize and retail spending returns," Heng said. Chinese retail gold demand has been resilient in 2023 even as consumption of other commodities remained weak, Citi said in a July report.
Persons: Sven Hoppe, Bart Melek, Melek, David Neuhauser, Neuhauser, Randy Smallwood, Heng, Heng Koon, UOB Heng, Citi's, Doshi Organizations: Getty, Refinitiv, CNBC, Securities, U.S . Federal, Livermore Partners, Fed, Wheaton Precious Metals, greenback, Markets, Federal Reserve, Citi, Commodities, Future Publishing Locations: U.S, China, India, Yichang, Hubei province
Randy Smallwood, the CEO of precious metals streaming company Wheaton, told CNBC's Jim Cramer on Thursday that gold and silver have perpetual power on the market due to their very nature as one of the world's oldest currencies. "I mean that's what gold has been forever, a store of value, a measure of value that lasts," Smallwood said. But Smallwood said the company expects to see 50% growth by 2027, or close to a million gold equivalent ounces. As a streaming company, Wheaton funds mining operations in order to then buy metals at a discount. Although Smallwood is the chair of the World Gold Council, his favorite metal is silver, which is harder to find than its flashy counterpart because there are fewer silver mines in the world, he said.
Persons: Randy Smallwood, CNBC's Jim Cramer, Smallwood, Wheaton, there's Organizations: Wheaton, World Gold Council Locations: Wheaton
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWheaton Precious Metals CEO Randy Smallwood: Our growth profile will add more happy shareholdersWheaton Precious Metals President and CEO Randy Smallwood joins 'Mad Money' host Jim Cramer to discuss mining precious metals, gold production and company growth.
Persons: Randy Smallwood, Jim Cramer Organizations: Wheaton Precious, Wheaton Precious Metals
Wheaton Precious Metals CEO Randy Smallwood goes one-on-one with Jim CramerWheaton Precious Metals President and CEO Randy Smallwood joins 'Mad Money' host Jim Cramer to discuss mining precious metals, gold production and company growth.
Persons: Randy Smallwood, Jim Cramer Wheaton Precious, Jim Cramer Organizations: Wheaton Precious, Jim Cramer Wheaton Precious Metals
Cisco Swank ‘Is Black Music. All of It.’
  + stars: | 2023-06-07 | by ( Marcus J. Moore | ) www.nytimes.com   time to read: +1 min
“He’s sitting right in the center of a lot of points,” said the noted trumpeter Ambrose Akinmusire in a telephone interview. He is Black music. (He returned to Crown Heights, Brooklyn, from the Berklee College of Music, where he studied piano performance and contemporary writing and production when the pandemic took hold.) “I try to smile through it,” Haye raps with an exhausted tone. While growing up in Flatbush, he was exposed to all of this music by his mother, Adriane, who directed the youth choir at Emmanuel, and his father, Frank, who was the director of music there.
Persons: “ He’s, , Ambrose Akinmusire, It’s, ” Haye, , , Haye, bro, I’m, — Beethoven, Bach, Kirk Franklin, Richard Smallwood, Adriane, Emmanuel, Frank Organizations: Berklee College of Music Locations: bro, ” “, Heights , Brooklyn, Haye, Flatbush
A bill passed in Colorado would clear the way for all workers to accept cash tips. Some businesses, including Walmart and McDonald's, don't allow employees to accept cash gratuity. But some businesses, including big names in retail, don't allow their employees to take cash tips from customers. Walmart, for example, has historically forbidden its employees from accepting cash tips, as has McDonald's. Neither company immediately responded to requests for comment on their policies or the Colorado bill from Insider.
At the age of 17, Emily launched a neighborhood book drive in honor of her dad, Mike Bhatnagar. Her initial goal was to collect books for children undergoing cancer treatment, but she’s expanded it to all patients under 18. The neighborhood book drive that began with a lone teen in a cloud of despair over her dad’s illness has grown into a nationwide initiative. “We are grateful to have been chosen by Emily … Hospitals are a scary place for kids, and the books will help enhance the healing environment.”Whenever possible, Emily specifies the books go to hospitals with pediatric cancer units. Her not-so-little book drive is teaching her how to run a nonprofit and build relationships with community leaders.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWheaton Precious Metals CEO: Gold remains the ultimate reserve in 'fragile' marketRandy Smallwood, Wheaton Precious Metals CEO, joins 'Squawk on the Street' to discuss state of metals market.
It is getting tougher for people taking expensive medicines to get financial help from drugmakers. Johnson & Johnson , Pfizer and other pharmaceutical companies are scaling back programs that cover the copayments of patients or provide free drugs. The programs have been costing drugmakers billions of dollars a year and have been increasing as health plans seeking to control their own spending have tried to take advantage of the assistance.
WHEELING, W.Va.—Democrat Joe Manchin has served the Mountain State for decades, as secretary of state, then governor, then senator. But the state’s hard-right turn and the emergence of formidable GOP challengers have thrown his political future into jeopardy, with some voters questioning whether he deserves another term. Mr. Manchin hasn’t said whether he plans to run for re-election. The state’s current GOP governor, Jim Justice, jumped into the race on Thursday, a crucial recruit for Senate Republican leaders. Another Republican, Rep. Alex Mooney , has also entered the field with the backing of some prominent conservatives, setting up what is expected to be a hard-fought primary.
Photo: Nate Smallwood for The Wall Street JournalNorfolk Southern claimed that some loose wheels on railcars were a safety concern. A railroad industry trade group dropped its order to inspect railcars that could contain loose wheels after a spate of train derailments, including one involving Norfolk Southern Corp. in Ohio. Freight and tank car manufacturer National Steel Car said railcars it serviced weren’t responsible for recent train derailments. The trade group Association for American Railroads had called for additional inspections of hundreds of cars last month following the accidents.
Investors have been flocking to gold and Treasurys as bank stocks have been whacked by the shuttering of Silicon Valley Bank and Credit Suisse's implosion. Gold prices have more room to run as global banks struggle and the U.S. Federal Reserve renders another interest rate decision, potentially breaking all-time highs — and staying there. Investors have been flocking to gold and Treasurys as bank stocks have been whacked by the shuttering of Silicon Valley Bank and Credit Suisse's implosion. Gold has risen around 10% since early March when SVB was hit by a bank run. "Continued central bank buying of gold bodes well for long-term prices," said CEO Randy Smallwood of Wheaton Precious Metals, a precious metals streaming company.
Two former executives of Facebook parent Meta Platforms Inc. are seeking to solve one of the social-media industry’s biggest challenges in recent years: allowing marketers to measure the effectiveness of their ads while maintaining user privacy. Graham Mudd and Brad Smallwood each spent more than a decade building Meta’s advertising system, which allowed the company to offer granular data about how ad campaigns worked with individual users, often by tracking their web and mobile activity. Apple Inc. took steps in 2021 to allow users to limit most tracking, making it far more difficult to gauge the success of online advertising and upending the way social-media companies made money.
Akos Stiller | Bloomberg | Getty ImagesPrices of silver could hit a nine-year high of $30 per ounce this year — possibly outpacing gold prices. No silver lining for silver supplies"We hit peak silver supply back about five, six years ago. The supply of silver, which is largely produced as a byproduct of lead-zinc, copper and gold mines, does not generally respond as quickly to demand. Andrey Rudakov | Bloomberg | Getty Images"When silver prices go up, it's not like the silver mines can increase production, because the silver mines only supply about 25% of the silver," Smallwood said, adding that the market often relies on the lead-zinc mines to satisfy the higher demand. "I'm very bullish on gold, but I'm even more bullish on silver," Smallwood said.
LONDON, Jan 10 (Reuters) - Countries should consider recommending passengers wear masks on long haul flights to counter the latest Omicron subvariant of COVID-19 given its rapid spread in the United States, World Health Organisation officials said on Tuesday. In Europe, the XBB.1.5 subvariant is being detected in small but growing numbers, WHO/Europe officials said in a press briefing. That did not mean the agency recommends the testing of passengers coming from the United States at this stage, she added. XBB.1.5 is yet another descendant of Omicron, the most contagious variant of the virus causing COVID-19 that is now globally dominant. It is an offshoot of XBB, first detected in October, which is itself a recombinant of two other Omicron sub-variants.
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