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☆ FDA approves new drug that may help stop and even reverse a rare, fatal condition that doctors call a ‘ticking time bomb’
▼ + stars: | 2024-03-26 | by ( Brenda Goodman | ) edition.cnn.com time to read: +15 min

These proteins cause the walls of a person’s blood vessels to keep growing and thicken over time. As the blood vessels narrow, the heart is forced to work harder to pump blood to the lungs. Treatment with a combination of drugs that dilate, or relax, blood vessels can improve this outlook, but they are not a cure. Both groups were also taking the standard medications for the condition, which help relax blood vessels to improve blood flow. But Galiatsatos said that as promising as the drug looks, there are still many unknowns, including whether the drug will benefit all PAH patients equally.

Persons: Katrina Barry, Barry, “, ”, Winrevair, Merck Winrevair, Vallerie McLaughlin, Panagis, Galiatsatos, isn’t, ” Barry, I’m, fanny, She’s, sotatercept, PAH, Sotatercept, “ There’s, Kristin Highland, Highland, ” Merck, Merck, Dr, Sanjay Gupta, Aaron Waxman, Barry’s, he’s, they’ve, Johnson –, Waxman, “ I’ve, “ It’s, who’ve Organizations: CNN, American Lung Association, US Food and Drug Administration, Merck, FDA, University of Michigan, PAH, Johns Hopkins Bayview Medical Center, New England, of Medicine, Cleveland Clinic, Institute, Clinical, CNN Health, Brigham, Women’s Hospital, Johnson Locations: PAH, American, Greece, Boston

☆ Premarket stocks: Retailers warn Wall Street to expect less shopping this year
▼ + stars: | 2024-03-01 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

Lowe’s: The home improvement giant projected total sales of $84 billion to $85 billion for 2024 in fourth-quarter results reported on Tuesday. Mortgage rates edge closer to 7%, dampening start of spring homebuying seasonUS mortgage rates climbed for the fourth week in a row, inching closer to 7% just as peak homebuying season gets underway, reports my colleague Anna Bahney. “Mortgage rates continued their ascent this week, reaching a two-month high and flirting with 7% yet again,” said Sam Khater, Freddie Mac’s chief economist, in a statement. Since reaching a 20-year high of 7.79% in October, mortgage rates have been slowly falling. But in recent weeks, as the market absorbs expectations that the Federal Reserve will not cut its benchmark lending rate until later this year, mortgage rates have trended higher.

Persons: they’re, ”, Marvin Ellison, Macy’s, Tony Spring, Corie Barry, ’, ” Barry, Diksha Madhok, Hanna Ziady, “, Thamashi De Silva, Knight Frank, Read, Anna Bahney, Freddie Mac, Sam Khater, Freddie Mac’s, Khater Organizations: CNN Business, Bell, New York CNN — Companies, Federal Reserve, Commerce Department, United States’s, Gross, Capital Economics, “ Locations: New York, That’s, India

☆ Premarket stocks: How the ‘Black Ceiling’ is holding some professionals and the economy back
▼ + stars: | 2023-11-27 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +12 min

In his new book “The Black Ceiling” Woodson, a former attorney, sheds light on systemic issues within elite professional settings and the broader economic repercussions that come from underutilizing and marginalizing talented Black professionals. Woodson spoke with more than 100 Black professionals about what he calls the Black ceiling — a significant barrier that impedes career progression and creates stigma and anxiety in the workplace. Racial discomfort encapsulates the sense of unease that a lot of Black professionals experience working in elite white work settings. Selective punitiveness is the widespread perception that Black professionals get treated especially harshly when they make mistakes. Firms need to train their personnel, especially their senior white professionals so that they don’t judge junior Black professionals adversely for these challenges.

Persons: Kevin Woodson, ” Woodson, Woodson, Bell, it’s, who’ve, Kim Schmidt, they’re, that’s, doesn’t, It’s, Eva Rothenberg, ” Grant Gustafson, Corie Barry, “, ” Barry, Nathaniel Meyersohn Organizations: CNN Business, Bell, New York CNN — Corporate America, University of Richmond School of Law, Elite, Sensormatic, Black, Adobe, Retailers Locations: New York, underutilizing, DC

☆ How Best Buy is beating shoplifting
▼ + stars: | 2023-11-24 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +3 min

But Best Buy says it has shoplifting under control. Best Buy has some inherent advantages over, say, CVS because heavy flat-screen TVs are harder to steal than razor blades. Not too many things in criminology are better understood than that.”Higher levels of staffing in stores have made a difference in Best Buy’s success against shoplifting, CEO Barry said. Best Buy has security staff at the front of stores to monitor customers entering and exiting and does not have many self-checkout machines. We don’t really have self-checkout.”Lowe’s has also attributed its low theft rates to higher staffing levels in stores.

Persons: Corie Barry, “, ” Barry, John Eck, ” Eck, you’re, Barry, Lowe’s, ”, Marvin Ellison Organizations: New, New York CNN, National Retail Federation, Retailers, Staff, University of Cincinatti Locations: New York

☆ October Inflation Report Price Rises Expected to Cool
▼ + stars: | 2023-11-14 | by ( Jeanna Smialek | ) www.nytimes.com time to read: +7 min

Airlines lower their fares when they are trying to get more people to book tickets as demand is slowing or they are facing stiffer competition. Early this month, the average price for a domestic flight around Thanksgiving was down about 9 percent from a year ago. But some airlines say demand is slowing outside of holiday and other peak travel periods. Image Thanksgiving this year is expected to set a record for air travel, with nearly 30 million passengers anticipated. If travel demand is dropping, in some ways that’s an even bigger win for people who are never going to give up on travel.”

Persons: Denise Diorio, “ I’ve, ’ ”, Diorio, Hopper, ”, Kyle Potter, Potter, Stefani Reynolds, John Grant, “ We’re, “, ” Barry Biffle, Steve Hafner, that’s Organizations: Airlines, Airlines for America, Credit, The New York Times, U.S, JetBlue Airways, Spirit Airlines, Frontier Airlines, Miami, Analysts Locations: Tampa , Fla, Chicago, New York, Paris, Europe, Caribbean, Denver, Orlando, Fla, Los Angeles, East, Ukraine

☆ Opinion | Ivanka Trump, Witness for the Prosecution
▼ + stars: | 2023-11-11 | by ( Nina Burleigh | ) www.nytimes.com time to read: +2 min

The woman Republicans once talked of as a candidate for president — after her dad’s eight years, of course — is both known and a cipher. They seemed to have in their possession way too many Trump Organization documents with her arabesque signature and too many of her emails in which nine-figure loans were being discussed. Before her stint in Washington with her father, Ms. Trump was pals with the children of the American aristocracy — even if their parents scorned him as a parvenu and a golf cheat. A granddaughter of a woman who worked as a maid in the Carnegie mansion and a great-granddaughter of the widowed German immigrant who gave the Trump Organization its start, Ms. Trump was the first Trump woman to the manner born. For that, even more than the beauty her father frequently and creepily extolled, she played a special role in the Trump Organization.

Persons: —, ” Barry Diller, Maureen Dowd, Trump, ” Alexandra Wrage, ”, Letitia James Organizations: Republicans, New, Prosecutors, Trump Organization, Carnegie, Trump Locations: New York, Washington

CAPE TOWN, South Africa (AP) — Barry Steenkamp, the father of Reeva Steenkamp, the woman who was fatally shot by Olympic runner Oscar Pistorius, has died, a family spokesperson said Friday. A foundation set up by the Steenkamp family in memory of Reeva said Barry Steenkamp died in his sleep on Thursday evening. “It is with heavy hearts that we announce the sudden and peaceful passing of Barry Steenkamp,” the foundation said in a statement on its Facebook page. At that meeting, Steenkamp said he urged Pistorius to confess that he had intentionally shot Reeva in rage after an argument. Barry Steenkamp wasn't able to attend because of poor health, family spokesperson Koen said at the time.

Persons: — Barry Steenkamp, Reeva Steenkamp, Oscar Pistorius, Tania Koen, Barry Steenkamp's, Reeva, Barry Steenkamp, “ Barry, Pistorius, Steenkamp, “, Oscar, ” Barry Steenkamp, ”, Barry Steenkamp wasn't, Koen, ___ Organizations: Paralympic, British, Daily Mail, Pistorius, AP Locations: CAPE, South Africa, Pistorius, AP Africa, africa

☆ Scientists solve octopus garden mystery
▼ + stars: | 2023-08-23 | by ( Katie Hunt | ) edition.cnn.com time to read: +6 min

CNN —Deep-sea octopuses are typically solitary creatures that inhabit frigid waters in one of Earth’s most challenging environments. By nesting at hydrothermal springs, octopus moms give their offspring a leg up,” explained Barry, who was the lead author of the study. However, the water temperature in cracks and crevices at the octopus garden reaches about 51 degrees Fahrenheit (11 degrees Celsius). MBARIUnderwater technologyThe researchers at Monterey Bay Aquarium Research Institute and their colleagues at other institutions used state-of-the-art underwater technology to understand the octopus garden. MBARIFaster brood times in the octopus gardenWith this information, scientists pieced together why the octopus are attracted to the site.

Persons: Monterey , California —, ”, Jim Barry, Barry, Don Ricketts, We’ve, ” Barry, it’s, Davidson Organizations: CNN, Aquarium Research Institute, Researchers Locations: Davidson, Monterey , California, Monterey, Central California, Costa Rica

☆ Charles Stanley, Atlanta Pastor Who Preached to the World, Dies at 90
▼ + stars: | 2023-04-21 | by ( Richard Sandomir | ) www.nytimes.com time to read: +1 min

Charles Stanley, an influential Baptist pastor who for more than 50 years preached a conservative message from his Atlanta megachurch, through an extensive network of television and radio stations, and in many books, died on Tuesday at his home in Atlanta. In Touch Ministries, Dr. Stanley’s nonprofit organization, announced his death but did not state a cause. As the senior pastor at First Baptist Church in Atlanta, Dr. Stanley was known as one of the leading American preachers of his time, alongside figures like the Rev. He was also a board member of the Moral Majority, the right-wing religious organization, and a close friend of its founder, the Rev. “Evangelicals just loved him,” Barry Hankins, a professor of history at Baylor University who, with Thomas Kidd, wrote “Baptists in America” (2015), said in a phone interview.

Tens of thousands of people are scrambling for homeowners insurance in Louisiana at the peak of hurricane season after recent storms drove their carriers out of business. Massive claims from those storms drove large national insurance companies to scale back their coverage and remaining companies to jack up rates. The strategy seemed to work: Rates eventually stabilized, although Louisiana remained one of the most expensive states for homeowners insurance. That pushed the small insurance companies to their financial limits and squeezed reinsurers, who raised their rates. The state insurer’s rolls, which totaled 34,500 in August 2020, ballooned to about 110,000 last week.

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