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☆ Corporate earnings solid so far, despite threats from a slowing economy and sticky inflation
▼ + stars: | 2024-04-29 | by ( Bob Pisani | ) www.cnbc.com time to read: +6 min

Valuations coming down So if earnings are up, why is the S & P off its highs? Today, a month later, 2024 earnings estimates are essentially the same but the multiple has declined to 20.8. The S & P 500 hit a low of 4,117 on Oct. 27 and only recovered when rates came down in early November. There are some big drags on earnings Some companies are seeing large declines in earnings estimates that are weighing on their sectors. When including this one-time item, the S & P 500 earnings growth rate for the first quarter declines to 5.6%, from 8.7%, LSEG has noted.

Persons: Goldman Sachs, JPMorgan Chase, Morgan Stanley, Christopher Suh, Stephen Squeri, Hess, Nick Raich, LSEG, Hal Lawton, Brian Niccol, CNBC's Kate Rogers, Horton, Paul Romanowski, Kimberly, Clark, Michael Hsu Organizations: Companies, Netflix, JPMorgan, GE Aerospace, Caterpillar, Microsoft, Merck, Ford, Waste Management, Royal, Consumer, American Express, Energy, Marathon Petroleum, Apache, Valero Energy, Oil, Occidental Petroleum, Devon Energy, ConocoPhillips, Exxon Mobil, Scout, Bristol Myers Squibb, Karuna Therapeutics, Boeing, Nvidia, Meta, AMD Locations: financials, industrials, Royal Caribbean, North America

☆ Tractor Supply CEO Hal Lawton goes one-on-one with Jim Cramer
▼ + stars: | 2024-04-25 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTractor Supply CEO Hal Lawton goes one-on-one with Jim CramerTractor Supply President and CEO Hal Lawton joins 'Mad Money' host Jim Cramer to talk quarterly results, consumer trends, and more.

Persons: Hal Lawton, Jim Cramer Organizations: Tractor, Jim Cramer Tractor Supply

☆ Rural America is alive and well, and growing, says Tractor Supply CEO Hal Lawton
▼ + stars: | 2024-04-25 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRural America is alive and well, and growing, says Tractor Supply CEO Hal LawtonTractor Supply President and CEO Hal Lawton joins 'Mad Money' host Jim Cramer to talk quarterly results, consumer trends, and more.

Persons: Hal Lawton, Jim Cramer Organizations: Email Rural, Tractor, Hal Lawton Tractor

☆ Tractor Supply CEO says there's still 'significant migration' out of urban areas
▼ + stars: | 2024-04-25 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

Tractor Supply CEO Hal Lawton told CNBC's Jim Cramer on Thursday that a substantial number of Americans are moving out of cities, and many are headed to rural areas. "They've continued, albeit to a lesser absolute number, but net we're still seeing significant migration out of urban America, and most of that migration, or a lot of it, is going into rural America," Lawton said. Tractor Supply is a retail chain that sells equipment for home improvement, such as supplies for gardening and farming. Lawton told Cramer that the company has been dealing with business headwinds, with consumer spending trends swinging from goods to services. But he expressed optimism for the future, saying Tractor Supply can "begin to see light at the end of the tunnel now against those headwinds."

Persons: Hal Lawton, CNBC's Jim Cramer, Lawton, They've, Cramer Organizations: Tractor, Neighbor's Locations: America

☆ Investors are hoping Big Tech earnings next week could revive a flagging bull market
▼ + stars: | 2024-04-19 | by ( Sarah Min | ) www.cnbc.com time to read: +7 min

The Big Tech earnings next week could revive a flagging market, or at least give investors direction into where stocks are going from here. Wall Street is hoping next week's megacap tech results will give investors insight into where the artificial intelligence trade is going from here, as a bounce in tech could lift the indexes. They're also hoping a slew consumer commentary will give investors insight into the state of the economy. However, he said any pullback in the tech names could give investors an opening to start "nibbling away" at additional exposure. Personal Income 10 a.m. Michigan Sentiment NSA final Earnings: T. Rowe Price Group , Colgate-Palmolive , Exxon Mobil , Chevron , AbbVie , Phillips 66

Persons: Tesla, They're, Kim Forrest, Elon Musk, Emily Leveille, Scott Ladner, Ladner, Horizon's Ladner, FactSet, Baker Hughes, Philip Morris, Lockheed Martin, Raymond James Financial, Rowe Price, Phillips Organizations: Big Tech, Google, Microsoft, Bokeh, Nasdaq, Investors, Deutsche Bank, Reuters, Thornburg Investment Management, Meta, Consumer, Visa, Chicago, Verizon Communications, Ameriprise, Truist, PMI, New, Richmond Fed, Enphase, Tesla, NextEra, Philip Morris International, Halliburton, United Parcel Service, PepsiCo, Lockheed, Raytheon Technologies, GE Aerospace, Grill, Business Machines, Lam Research, Ford Motor, Technology, Waste Management, Universal Health Services, Raymond, Boeing, Hilton Worldwide Holdings, . Kansas City Fed Manufacturing, Mobile, Capital, Financial Corp, Intel, Western Digital, Comcast, American Airlines Group, Southwest Airlines, Valero Energy, Caterpillar, Tractor Supply, Royal Caribbean Group, GE, PCE, NSA, Rowe Price Group, Colgate, Palmolive, Exxon Mobil, Chevron Locations: China, Europe, U.S, NextEra Energy, Freeport, McMoRan, . Kansas, Michigan, AbbVie

☆ Trains, Trucks and Tractors: The Race to Reroute Goods From Baltimore
▼ + stars: | 2024-04-17 | by ( Peter Eavis | ) www.nytimes.com time to read: +1 min

New John Deere tractors made their way last week through the sprawling port of Brunswick, Ga., their distinctive green paint glinting in the sunshine. Stevedores drove the tractors up a ramp into the belly of the Leo Spirit, a ship that would take them to Asia. The bridge’s collapse closed most of the Port of Baltimore, which last year handled 1.3 million tons of farm and construction machinery and 850,000 cars and light trucks. The Deere tractors would normally be shipped from Baltimore, getting there on trains from a factory in Waterloo, Iowa, according to Georgia port officials. Instead, the tractors had to be trucked to Brunswick, a journey that adds time and costs.

Persons: John Deere, Stevedores, Leo Spirit, Francis Scott Key, ”, Griff Lynch Organizations: Deere, Georgia Ports Authority Locations: Brunswick, Ga, Asia, Coast, Baltimore, Port of Baltimore, Waterloo , Iowa, Georgia

☆ John Deere is hiring a CTO — that's Chief Tractor Officer — to help launch its TikTok channel
▼ + stars: | 2024-04-17 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +1 min

John Deere is looking for a different kind of CTO — a Chief Tractor Officer. The winner of the competition will help launch the agriculture equipment company's new TikTok channel. AdvertisementAgriculture equipment company John Deere is on the hunt for a different kid of CTO. The brand on Tuesday announced a two-week search to find a "Chief Tractor Officer" who would create social media content to reach younger consumers. This story is available exclusively to Business Insider subscribers.

Persons: John Deere, — Organizations: Service, Agriculture, Wrigley, Business Locations: Yellowstone

☆ Rare 4.8-magnitude earthquake leaves little damage after rattling Northeast
▼ + stars: | 2024-04-05 | by ( Ray Sanchez | Alaa Elassar | ) edition.cnn.com time to read: +10 min

She found her neighbors describing the same rattling, realizing they had experienced an earthquake in a suburb about 20 miles east of New York City. New York City Mayor Eric Adams urged New Yorkers to "go about their normal day.” Brittainy Newman/APUSGS said the earthquake occurred at 10:23 a.m. Three neighboring homes in Newark, New Jersey, were evacuated after residents reported structural damage, according to the city’s public safety director. Good quality New York moment.”In Jersey City, New Jersey, Kristina Fiore was sitting at her desk in her apartment when her building shook for a few seconds. The epicenter was just northeast of Lebanon, New Jersey, less than 50 miles west of New York City, according to the USGS.

Persons: “, ”, Jeanne Evola, Eric Adams, ” Brittainy Newman, David Rodriguez, ” Long, Kathy Hochul, James Oddo, Fritz Fragé, –, Fragé, Kevin J, Bethel, ” Bethel, Spencer Platt, Reed Whitmont, Kristina Fiore, Fiore, panicking, Betancur, New York Kennedy, ” Nobody’s Organizations: New, New York CNN, Geological Survey, The New York Police Department, ” New York, New York City, New York City Fire Department, Empire, ” New York Gov, NYC Department of, Newark Public, Emergency Management, Philadelphia Police Department, Getty, Boonton Coffee Co, Earthquakes, Federal Aviation Administration, Newark Liberty, FAA, Amtrak Locations: New York, Washington, New York City, Maine, New Jersey, Square, Long, New, Hoboken , New Jersey, ”, New Jersey’s Hunterdon County, Lebanon, Newark , New Jersey, Newark, New Jersey’s Essex County, Montclair . In Pennsylvania, Lebanon , New Jersey, Manhattan, Park Slope , Brooklyn, York, Jersey City , New Jersey, Boonton , New Jersey, Philadelphia, AFP, Baltimore

☆ New Pollution Rules Aim to Lift Sales of Electric Trucks
▼ + stars: | 2024-03-29 | by ( Coral Davenport | Jack Ewing | ) www.nytimes.com time to read: +1 min

The Biden administration on Friday announced a regulation designed to turbocharge sales of electric or other zero-emission heavy vehicles, from school buses to cement mixers, as part of its multifront attack on global warming. Today, fewer than 2 percent of new heavy trucks sold in the United States fit that bill. The regulation would apply to more than 100 types of vehicles including tractor-trailers, ambulances, R.V.s, garbage trucks and moving vans. The rule does not mandate the sales of electric trucks or any other type of zero or low-emission truck. Options could include using technologies like hybrids or hydrogen fuel cells or sharply increasing the fuel efficiency of the conventional trucks.

Persons: Biden Organizations: Environmental Protection Agency Locations: United States

☆ Baltimore port bridge collapse: Global ocean carriers declare 'force majeure,' leaving U.S. companies on hook for urgent cargo pickup
▼ + stars: | 2024-03-27 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +10 min

"The impact of the Baltimore port stoppage on construction and contractor supply chains may be significant," said William George, director of research for ImportGenius. "For cargo already on water, we will omit the port, and will discharge cargo set for Baltimore, in nearby ports. COSCO announced Wednesday morning that its services would "be concluded" once the diverted container arrives at the alternate port. Out of the diverted ports, New York/New Jersey and Savannah, are included. One of the biggest concerns among logistics companies is availability of chassis for both truck and rail to handle the diverted cargo.

Persons: Dali, Francis Scott Key, William George, ImportGenius, Maersk, COSCO, majeure, CGM, Paul Brashier, Brashier, Matt Castle, Robinson, Val Noel, Mike Wilson, Noel, Alan Baer, Baer, Stephen Edwards, Edwards Organizations: Francis Scott Key Bridge, Logistics, CNBC, Baltimore, Evergreen, CMA, ITS Logistics, U.S Department of Transportation, Home Depot, Nike, Walmart, Union Pacific, BNSF, Robinson, DHL, FedEx, Port, DOT's, Rail, TRAC, Freight, Consolidated Chassis Management, USA, Norfolk . Our Midwest Locations: Baltimore , Maryland, Baltimore, The Port, U.S, Port of Baltimore, Target, East, , New York, New Jersey, Savannah, Chicago, Brunswick, Virginia, Charleston, New York, Philadelphia, Norfolk, Wilmington , Savannah, Jacksonville, UAE, Saudi, Doha, India, Bangladesh, NY, Montreal, Port of Virginia, Port

☆ Two brains: One visualizes too much, the other not at all
▼ + stars: | 2024-03-27 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +12 min

“I understand concepts, I comprehend things, I have memories, but they aren’t supported by any images,” Wathen said. Paul BokslagDutch-born artist Geraldine van Heemstra is at the opposite end of this unique way of processing. In reaction to cruel teasing from her brothers and school friends, van Heemstra learned to hide her sensory abilities as a child. “It was quite tricky at school as well, such as with math, where I would see the numbers in color,” van Heemstra said. “It was so frustrating at school because I would explain something, and then I would be laughed at,” van Heemstra said.

Persons: Mary Wathen, ” Wathen, “, Wathen, ”, “ I’ve, ‘ You’ve, Geraldine van Heemstra, Paul Bokslag Dutch, van, ” van Heemstra, “ It’s, van Heemstra, van Heemstra can’t, aphantasia, Adam Zeman, Zeman, ” Zeman, aphantasia don’t, ” That’s, I’m, they’ve, that’s, what’s, Van Heemstra, ” Van Heemstra, you’re Organizations: CNN, University of Exeter, University of Edinburgh, Cognitive Sciences, “ Locations: Newent, England, Scottish, London, Edinburgh, Scotland, Miami

☆ Here's how the project to develop one tractor might revolutionize the farming and automotive industries in the UK
▼ + stars: | 2024-03-26 | by ( Sponsor Post | ) www.businessinsider.com time to read: +7 min

A special cover is used on a farm's waste collection areas (known as slurry lagoons) to catch methane emissions that would otherwise escape into the air. CNH IndustrialThe potential of the methane tractor extends far beyond the farm. Industry leaders pulled together to work on the projectThe success of the methane tractor project is testament to the power of collaboration. Beyond the agricultural sector, the methane tractor project holds promise for transforming the entire automotive sector. By demonstrating the viability of alternative fuel technologies in heavy-duty vehicles, this initiative paves the way for a more sustainable future in transportation.

Persons: Andrew Damant, CNH, Derek Neilson, Eminox, David Phillips, Neilson Organizations: UK's Department for Business and Trade, Advanced Propulsion Centre, Eminox, Mobile, Automotive Transformation Fund, Advanced, Industry, Insider Studios, UK Department for Business, Trade Locations: Cornwall, Europe, CNH, New Holland

The farmers were protesting anything from what they see as excessive red tape to increased environmental measures, cheap imports and unfair trading practices. “Let us make a living from our profession,” read one billboard on a huge tractor blocking a main thoroughfare. Environmentalists and climate activists say the change in EU policies under the duress of protesting farmers is regrettable. Photos You Should See View All 60 ImagesPolitically, the bloc has moved to the right over the past year. The plight of farmers has become a rallying cry for populists and conservatives who claim EU climate and farm policies are little more than bureaucratic bungling from elitist politicians who have lost any feeling for soil and land.

Persons: ” Organizations: European Union, Belgian, EU, European Commission Locations: BRUSSELS, Brussels, Finland, Greece, Poland, Ireland

☆ Baltimore, Maryland: Bridge collapses as officials announce lane closures and traffic detours
▼ + stars: | 2024-03-26 | by ( Melissa Alonso | Elizabeth Wolfe | ) edition.cnn.com time to read: +2 min

Local agencies received 911 calls around 1:30 a.m. reporting that a ship, traveling outbound from Baltimore had struck a column on the bridge, Cartwright said. There could have been a vehicle “as large as a tractor trailer” on the bridge at the time of collapse, he said. Baltimore Mayor Brandon Scott said in a social media post around 3 a.m. that he was en route to the incident at the bridge. Footage captured the moment after the Francis Scott Key Bridge collapsed. The 1.6-mile, 4-lane bridge extends over the Patapsco River and serves as the outermost crossing of the Baltimore harbor and an essential link of Interstate-695, or the Baltimore Beltway.

Persons: Francis Scott Key, Kevin Cartwright, Cartwright, “, ” Cartwright, StreamTimeLive, Baltimore Mayor Brandon Scott Organizations: CNN, Baltimore, Francis Scott Key Bridge, Divers, Baltimore City Fire Department . Local, Maryland Transportation Authority, Baltimore Mayor, ”, Baltimore Beltway, “ Locations: Patapsco, Baltimore, Maryland, Fort McHenry

☆ The bridge collapse in Baltimore is a 'developing mass casualty event,' first responders say
▼ + stars: | 2024-03-26 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Baltimore's Francis Scott Key Bridge collapsed after it was struck by a ship on Tuesday morning. A representative for the Baltimore Fire Department called the situation a "developing mass casualty event." AdvertisementThe collapse of the Francis Scott Key Bridge in Baltimore is a "developing mass casualty event," a representative for the Baltimore Fire Department said on Tuesday morning. I-695 Key Bridge collapse due to ship strike," the Maryland Transportation Authority wrote on X shortly after. Baltimore County Executive Johnny Olszewski, Jr. said in an X post that the authorities "are closely monitoring the ongoing situation at the Key Bridge."

Persons: Baltimore's Francis Scott Key, —, Francis Scott Key, Kevin Cartwright, Cartwright, 9IgvJyi46Y — Hayward, Dali, Matthew, Johnny Olszewski, Jr, Olszewski Organizations: Baltimore Fire Department, Service, Associated Press, Maryland Keybridge, US Coast Guard, USCG, Baltimore Sun, Coast Guard, Matthew West, NBC News, Maryland Transportation Authority, Baltimore, Business Locations: Baltimore, Singapore, Colombo, Sri Lanka, BALTIMORE, Maryland

And perhaps best of all, money — from selling the electricity generated by the wind turbines studding the flat green fields stretching out to the North Sea. A slice of the cash goes to the villagers themselves, with the local buy-in making this windy farming enclave near the border with Denmark a showcase for ways to push ahead with renewable energy projects. The S&P Global Clean Energy Index of shares in companies with clean energy-related businesses has fallen 26% over the past year, even as broader market indexes have surged to records. In sub-Saharan Africa, where half the population lacks access to electricity, renewable projects face even steeper challenges with financing. In Nigeria, where blackouts are an everyday event for about half of the country’s 213 million people, some 14 solar projects have stalled because the finances don’t add up.

Persons: ”, Astrid Nissen, moos, “, Mackenzie, it's, Nissen, Christian Andresen, Andresen, Orsted, Vattenfall, David Shepheard, Edu Okeke, Taiwo Organizations: U.S . Federal Reserve, European Central Bank, University College London, Solar, Energie Andresen GmbH, Energy, logjams, World Bank Locations: SPRAKEBUELL, Germany, Denmark, village's, Spain, Italy, Africa, Flensburg, Sprakebuell's, German, Danish, New Jersey, Swedish, North American, Saharan Africa, Nigeria, Katsina, Abuja

☆ Ukraine's Patriot kills of Russian planes and missiles have turned a US air-defense weapon with a troubled past into a hero
▼ + stars: | 2024-03-23 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +16 min

Ukraine's use of the US-made Patriot system has been celebrated. A mixed pastThe MIM-104 Patriot missile system is a ground-based, mobile surface-to-air missile battery that can down crewed and uncrewed aircraft, cruise missiles, and short-range and tactical ballistic missiles. AdvertisementNone of Ukraine's Patriot missile systems have been confirmed destroyed, though there have been Russian claims, but the system has been involved in confirmed kills of Russian aircraft and missiles. "We were again, very much surprised by what we see now, what the effectiveness of the Patriot system seems to be," he said. The problem with Patriot missiles for Ukraine mirrors its main obstacle in trying to fight Russia: A critical shortage of supplies and ammunition.

Persons: —, Frederik Mertens, Justin Bronk, Mertens, Joe Raedle, Bronk, Timothy Wright, Nathan White, Mick Ryan, Gilles BASSIGNAC, Houthi, Wright, Jeffrey Lewis, Tom Karako, ANDREW CABALLERO, REYNOLDS, Ryan, Karako, it's, BI's Jake Epstein, Rajan Menon, Volodymyr Zelenskyy, Ukraine Bronk, Jan Kallberg, Ukraine Oleksandr Gusev Organizations: Service, Patriots, Patriot, U.S . Army Security, Hague, Strategic Studies, Royal United Services Institute, Iraq's, US Army, Raytheon, Iraqi, International Institute for Strategic Studies, Australian Army, Getty Images, Middlebury Institute of International Studies, Missile Defense, Center for Strategic, International Studies, Airforce, Getty, Defense, NATO, Emergency Service, Centre for, Kyiv, Pentagon Locations: Ukraine, Russia, United States, Iraq, Iraqi, Saudi Arabia, Getty Images Saudi Arabia, Yemen, Monterey, Prince, Al, Kyiv, Russian, UAE

☆ This winter was weirdly warm — and rough for retailers
▼ + stars: | 2024-03-13 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +4 min

The US just experienced the warmest "meteorological winter" on record, NOAA said last week. It also led to unpredictable consumer demand, causing headaches for retailers and other businesses. For Dick's, warmer weather means that sales skew toward lightweight fleeces rather than pricier down parkas, she said. A retailer in South Dakota surveyed by the Federal Reserve said that even though the warmer weather led to higher foot traffic, sales of winter gear and equipment fell. AdvertisementFrom major complications to minor inconveniences, it's looking like this winter could be a preview of what's to come thanks to the climate crisis.

Persons: Lauren Hobart, Hobart's, didn't, Hal Lawton, Lawton isn't, Raymond James, Lowe's, Marvin Ellison, Bill Boltz, Wisconsin's Organizations: NOAA, Service, National Oceanographic, Atmospheric Administration, Sporting, Tractor, Co, Raymond, Raymond James Institutional Investors, Federal Reserve, Climate Central Locations: NOAA's, East, Midwest, South Dakota

☆ Ukraine has been a disaster for Russia's troubled army, but the deadlock is shifting things in Moscow's favor, US intelligence says
▼ + stars: | 2024-03-11 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewRussia's military has suffered serious damage in the Ukraine war, but after more than two years of hard fighting, the deadlock on the battlefield is shifting the momentum in Moscow's favor, according to a newly released US intelligence assessment. This figure, which is based on information available as of late-January, is much lower than more recent Western estimates. "Nonetheless, this deadlock plays to Russia's strategic military advantages and is increasingly shifting the momentum in Moscow's favor," the report continued. AdvertisementA destroyed Russian tank is seen as Ukrainian serviceman rides a tractor and tows a Russian military vehicle near the village of Dolyna in Ukraine's Kharkiv region in September 2023.

Persons: —, Vladimir Putin, Jose Colon, There's, Gleb Garanich, Diego Herrera Carcedo, Russia's Organizations: Service, Russia, Business, Anadolu, Getty, Russian, intel, REUTERS, Bakhmut, White Locations: Ukraine, Kyiv, Russia, Moscow, Dolyna, Ukraine's Kharkiv, Ukrainian, Avdiivka, Bakhmut, Anadolu, United States

☆ ‘Fix the Damn Roads’: How Democrats in Purple and Red States Win - The New York Times
▼ + stars: | 2024-03-03 | by ( Frank Bruni | ) www.nytimes.com time to read: +1 min

Josh Shapiro of Pennsylvania got an emergency call about I-95 last June, his first thought turned to semantics. “When you say ‘collapse,’ do you really mean collapse?” he recalled wondering. Highways don’t typically do that, but then tractor-trailers don’t typically flip over and catch fire, which had happened on an elevated section of the road in Philadelphia. Shapiro’s second, third and fourth thoughts were that he and other government officials needed to do the fastest repair imaginable. He knew how disruptive and costly the road’s closure would be and how frustrated Pennsylvanians would get.

Persons: Josh Shapiro, ”, I’ll, you’ve, ’ ”, you’re Organizations: Pennsylvania Locations: Philadelphia

☆ ‘I Have You’: Firefighter Rescues Driver From Truck Dangling Off Bridge
▼ + stars: | 2024-03-02 | by ( Rebecca Carballo | ) www.nytimes.com time to read: 1 min

For nearly an hour, the driver of a tractor-trailer was trapped in its cab as it dangled high above the Ohio River off the side of a Kentucky bridge after a multivehicle crash on Friday. From the bridge, emergency responders shouted directions to the driver. Emergency crews set up a rope system and lowered a Louisville, Ky., firefighter, Bryce Carden, to rescue her. “Thank God,” the driver said when Mr. Carden drew even with the truck’s cab, he recalled at a news conference on Friday. Initially, Mr. Carden said, he struggled to free the driver from her seatbelt.

Persons: Bryce Carden, Carden, “, ” Locations: Ohio, Kentucky, Louisville, Ky

☆ ‘Eventually, one gets used to anything:’ How Ukrainians have learned to live with war
▼ + stars: | 2024-03-01 | by ( Ivana Kottasová | ) edition.cnn.com time to read: +11 min

Dnipro, Ukraine CNN —The residential block in Dnipro looked like someone had taken a huge bite out of it. Their presence was a sign of how Ukrainians have become used to the realities of living through a war. Tsyplionkova said she considered leaving Dnipro after the war started but found she simply couldn’t go: this is her city. Lydmila Lashko, the head of the Dnipropetrovsk regional organization of the Ukrainian Red Cross Society, says two years of war have forced Ukrainians to get used to its brutal realities. “But eventually one gets used to everything.”Some 4.8 million Ukrainians are officially registered as internally displaced people, according to data from Ukraine’s Ministry of Social Policy.

Persons: Yevhenia Tsyplionkova, Tsyplionkova, “, Ivana Kottasová, CNN Tsyplionkova, ”, Lydmila Lashko, ” Lashko, Lashko, They’ve, Zhanna Vedmedieva, ” Vedmedieva, Volodymyr Zelensky, Oleksandr Savchenko, Ivana Kottasova, Yulia Murashkina, Murashkina, Ihor Omelchenko, wasn’t, Omelchenko, ” Omelchenko, Vedmedieva Organizations: Ukraine CNN, Russian, Ukrainian Railways, CNN, Ukrainian Red Cross Society, Dnipro, Ukraine’s Ministry of Social, Donetsk People’s, United Nations Human Rights Locations: Dnipro, Ukraine, Iranian, Dnipropetrovsk, Ukrainian, Demydiv, Kyiv, Donetsk, Kreminna, Severodonetsk, Luhansk, Russia, Russian, Dmytrivka, Novomykhailivka, Donetsk People’s Republic, Mariinka, France, Havriushyna

☆ Murder and Magic Realism: A Rising Literary Star Mines China’s Rust Belt
▼ + stars: | 2024-03-01 | by ( Vivian Wang | ) www.nytimes.com time to read: 1 min

For a long time during Shuang Xuetao’s early teenage years, he wondered what hidden disaster had befallen his family. His parents, proud workers at a tractor factory in the northeastern Chinese city of Shenyang, stopped going to work, and the family moved into an empty factory storage room to save money on rent. But they rarely talked about what had happened, and Mr. Shuang worried that some special shame had struck his family alone. The region had been China’s industrial heartland, but suddenly millions of laborers were left unemployed. Even today, the region, sometimes called China’s Rust Belt, has not fully recovered.

Persons: Shuang Xuetao’s Locations: Shenyang, China

☆ Lowe's average customer is a white baby boomer who spent $809 there last year
▼ + stars: | 2024-02-28 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +2 min

The store's typical customer is a more rural baby boomer who earns $60K a year and owns her home. But which of those millions of shoppers is the "typical" Lowe's shopper? In addition to taking on Home Depot, Lowe's is looking to win over customers from outdoor lifestyle retailer Tractor Supply Co. with a push into smaller-format rural stores. Lowe's shoppers have dialed back in recent months, but the company said a few are still splurging on its offerings of high-tech, futuristic appliances at price points of $2,500 or more. The typical customer earns between $40,000 and $80,000 a year and now makes nine trips to Lowe's, spending about $90 per trip for an annual total of $809.

Persons: Lowe's, boomer, — Organizations: Service, Tractor Supply, Home Locations: North America, Wilkesboro , North Carolina, Lowe's

☆ Here's why an influential US wargame was so wrong about Ukraine's chances against Russian invaders
▼ + stars: | 2024-02-24 | by ( Michael Peck | ) www.businessinsider.com time to read: +8 min

Or at least that was the expectation conveyed by pre-war US wargames that simulated a Russian invasion of Eastern Europe. The think tank convened an internal workshop to assess why its wargames had so overestimated Russian military prowess. Most of them examined a Russian invasion of the Baltic States (one also covered a Ukraine invasion), and how NATO might respond. In those games, Russian forces were able to quickly overrun Estonia, Latvia and Lithuania before NATO could stop them. A destroyed Russian tank is seen as Ukrainian serviceman rides a tractor and tows a Russian military vehicle near the village of Dolyna in Ukraine's Kharkiv region in September 2023.

Persons: —, Putin basks, Gian Gentile, Gleb Garanich, Ukraine's, Gentile, RAND's, Michael Peck Organizations: NATO, RAND, Service, RAND Corp, Baltic States, Russian, US, REUTERS, Baltic, US Army, Defense, Foreign Policy, Twitter, LinkedIn Locations: Russia, Baltic, Kyiv, Russian, Moscow, Ukraine, Eastern Europe, Riga, Tallinn, Baltic States, Estonia, Latvia, Lithuania, Baltics, Dolyna, Ukraine's Kharkiv, Forbes

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