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New York City delivery workers who don't use cars have one of the deadliest jobs in the city. There are now more than 65,000 app-based restaurant delivery workers in the city, and about 80% of them use e-bikes and motorbikes. The city report found that 28.7% of e-bike or moped delivery workers experienced injuries that forced them to miss work, lose consciousness, or seek medical care. They're asking for wider protected bike lanes, or even separate lanes for e-bikes and mopeds, and charging facilities for e-bikes. Indeed, "New Yorkers are dependent on app delivery workers to keep them safe and fed during times of crisis," she added.
Persons: , takeout, Eric Adams, it's, Jose Alvarado, Andrew Lichtenstein, Brad Lander, Uber, DoorDash —, Ligia Guallpa, Guallpa, DoorDash, Guallpa's, Lander Organizations: Service, Business, Department of Consumer and Worker Protection, US Bureau of Labor Statistics, Bureau of Labor Statistics, Bloomberg, Yorkers, New York Times, Department of Transportation, Getty, City, York, Workers Justice Locations: New York City, York, New York, South Bronx, York City, City, Manhattan, Williamsburg , Brooklyn
Moderna and Merck released more positive three-year data Monday on their experimental vaccine, given to patients with the most deadly form of skin cancer in combination with the therapy Keytruda. The vaccine together with Merck's Keytruda improved survival and showed long-lasting efficacy in a midstage study in patients with a deadly form of skin cancer. Melanoma is responsible for the large majority of skin cancer deaths, according to the American Cancer Society. Moderna is also conducting another phase three trial of the vaccine in patients with a type of lung cancer. This year, Merck and Moderna started a two-part mid- to late-stage trial on the vaccine and Keytruda in patients at an advanced stage of a common skin cancer.
Persons: Merck's, Kyle Holen, Keytruda, Stephane Bancel, Bancel Organizations: Moderna, Merck, American Society of Clinical Oncology, CNBC, U.S . Food, Drug Administration, FDA, American Cancer Society Locations: Chicago, U.S, Moderna
Inflation rose about as expected in April, with markets on edge over when interest rates might start coming down, according to a measure released Friday that is followed closely by the Federal Reserve. Including the volatile food and energy category, PCE inflation was at 2.7% on an annual basis and 0.3% from a month ago. Goods prices rose 0.2% while services saw a 0.3% increase, continuing a normalization trend for an economy in which services and consumption provide much of the fuel. Personal income increased 0.3% on the month, matching the estimate, while spending rose just 0.2%, below the 0.4% estimate and off March's downwardly revised 0.7%. "The PCE Price Index didn't show much progress on inflation, but it didn't show any backsliding, either.
Persons: Dow Jones, Dan North, Jerome, Powell, I'm, Chris Larkin, Morgan Stanley, John Williams Organizations: Federal Reserve, Commerce Department, Labor Department, The Commerce Department, North America, Allianz Trade, Treasury, New York Fed
Mondelez’s plant in Trostyanets is now fully rebuilt after opening partially last year to make chocolates, according to a company statement. The company said the Oreo cookies and other chocolates produced at the Ukrainian factory are not being exported to neighboring Russia. Mondelez said it was making its business in Russia “stand-alone” with a self-sufficient supply chain by the end of 2023. “We continue to increase our investments in supporting and rebuilding Ukraine,” the company said in the statement. Norges Bank, Mondelez’s 11th-largest shareholder according to LSEG’s Eikon, backed the proposal, according to the fund’s disclosures.
Persons: Mondelez, , Dirk Van de, LSEG’s, Organizations: CNN, Nestle, Reuters, Milka, Cadbury, Norges Bank Locations: Ukraine, Trostyanets, Russia, Europe, Oreos, Georgia, Kazakhstan, Ukrainian, Mondelez’s
A small group of stocks are on the verge of forming a worrisome chart pattern known as a "death cross ." A death cross occurs when a stock's 50-day moving average falls below its 200-day average. Baxter International Stock in medical equipment maker Baxter International is also on the verge of a death cross. Other stocks nearing a death cross chart pattern include Illinois Tool Works and Abbott Laboratories . While the golden cross suggests a potential uptrend, ITW is now approaching the bearish death cross chart pattern only five months later.
Persons: Goldman Sachs, Bonnie Herzog, Clorox, TD Cowen, Joshua Jennings, Baxter, Jennings, Abbott's Organizations: Nasdaq, CNBC, Baxter International Stock, Baxter, Abbott Laboratories ., Tool, Abbott Laboratories, U.S . Food, Drug Administration Locations: Hillrom, Illinois, U.S
In this article NES.N-CH Follow your favorite stocks CREATE FREE ACCOUNTwatch nowThe meteoric rise of weight loss drugs means consumers' nutritional needs are "shifting" which provides new opportunities for food companies, Nestle CEO Mark Schneider told CNBC. "I think what since has emerged is that nutritional needs don't go away. So, you know before, during, after GLP-1 therapy — consumers still have nutritional needs, but they may be different from someone who is not on a weight loss regimen." According to Schneider, consumers who are on weight loss medication simply have different nutritional needs. Nestle is also planning other "companion offerings" for consumers taking weight loss drugs, both in the U.S., where Vital Pursuit products will launch, and elsewhere, Schneider said.
Persons: Mark Schneider, Schneider, CNBC's Silvia Amaro, Nestle, they're Organizations: Nestle, CNBC, Investors Locations: Swiss, U.S
Telehealth company Ro on Wednesday launched a new tracker to help patients find a popular class of weight loss and diabetes drugs called GLP-1s amid shortages of those treatments in the U.S. The supply tracker could be a valuable tool for many Americans scrambling to get their hands on GLP-1s, such as Novo Nordisk 's weight loss injection Wegovy and diabetes drug Ozempic. The tracker aims to make GLP-1 supply information more transparent and accessible for everyone, regardless of whether they are enrolled in any of Ro's programs. The tracker is an interactive tool that gives people real-time supply information by drug, dose size and pharmacy location. He added that opening up the tracker to everyone also makes it more likely for both Ro patients and people not enrolled in the company's programs to access GLP-1s.
Persons: Ro, Eli Lilly, Zachariah Reitano, Reitano Organizations: Wednesday, U.S, Novo Nordisk, U.S . Food, Drug Administration, CNBC Locations: U.S
Check out the companies making the biggest moves midday: GameStop — Shares jumped nearly 23% following the video game retailer's announcement on Friday that it made about $933 million from a stock sale. U.S. Cellular — Shares added 7% after the telecom company announced T-Mobile will acquire its wireless operations and 30% of spectrum assets for $4.4 billion. T-Mobile was up less than 1%, while Telephone and Data Systems , which owns 84% of U.S. Cellular, slipped 2%. Norwegian Cruise Line — The cruise stock rose 3% after an upgrade to buy from neutral at Mizuho. Zscaler — The cybersecurity company shed nearly 4% following a downgrade at Wells Fargo to equal weight from overweight.
Persons: Agios, vorasidenib, , Duolingo Max, Semler, Elon, Zscaler, Airbnb, Eli Lilly, Macheel, Pia Singh, Hakyung Kim, Jesse Pound Organizations: GameStop, . Illinois, U.S, Cellular, Mobile, Telephone, Data Systems, U.S . Cellular, . Food, Drug, Pharmaceuticals, Royalty Pharma, Nvidia, Cruise, Mizuho, Sarepta Therapeutics, RBC Capital Markets, RBC, Sea, Reuters, , Energy Capital Partners, Wedbush, FDA Locations: U.S, Norwegian, Wells
But while retirees might imagine spending their golden years full of pasta and palazzos, the realities of moving abroad are much less romantic. He didn’t think retiring abroad was feasible. Packing up shopAs America’s retirement crisis grows, so too does the dream of retiring abroad. “People need to think about estate planning, which is often different abroad,” said Brett Spencer, the founder of Impact Financial, a financial advisory firm that specializes in Americans living abroad. I think that’s the reality that a lot of people probably aren’t prepared for,” said Peddicord, who splits her time with her husband between Paris and Panama City, Panama.
Persons: Laura Barnett, She’s, Chris, Chris Barnett, didn’t, Laura, , We’ve, , ” Chris, there’s, won’t, It’s, Brett Spencer, ” Spencer, he’s, Italy Patience Dunbar, Charles Ippoliti, Patience Dunbar Patience Dunbar, Charles, they’ve, Patience, Giorgia, We’re, you’ll, Kathleen Peddicord, Peddicord, don’t, Jacki Dahl, Bill Dahl, Bill Organizations: New, New York CNN, US Department of Defense, CNN, Gallup, Social, Impact, Invest Overseas, , , Rocky, Expiatorio Locations: New York, Kentucky, Poitiers, France, Fayetteville , North Carolina, Portugal, Aveiro, Europe, Monmouth, Italy, Arona, Milan, Oregon, Kansas, United States, Paris, Panama City, Panama, States, Reno, Guadalajara, Mexico,
Read previewA friend recently said that living in Southeast Asia was akin to winning one of Willy Wonka's golden tickets. AdvertisementIt's been 14 years since the author arrived in Southeast Asia. Yet Western media obsessions — US presidential elections and divisive identity politics, to name but two — are not given the same relentless prominence here. I've not lived in Scotland since 2007, and the axis of my life — wife and son, friends, work networks, clients — is almost entirely Asia-orientated. We are heading back to Scotland this July, and I can't wait to catch up with friends and family and show my son Alex the Highlands for the first time.
Persons: , Willy Wonka's, batty, Mr Wonka, Thailand's, It's, Duncan Forgan, kao, he's, Chiang Mai, Alexander, I'm, Alex the Organizations: Service, Business, South, Tamil Nadu, Royal, Alex the Highlands Locations: Southeast Asia, Bangkok, Chinatown, Thai, Jok, Ojo, Thailand, Vietnam, Asia, Pacific, soi, South, Western Australia, Scotland, London
Bederson, system chair for the Department of Neurosurgery at Mount Sinai Health System, is no stranger to long hours in an operating room. In fact, it marked the 14th time that the company has placed its array on a human patient's brain. Four of Precision's arrays were carefully laid out on a table nearby. Using a pair of yellow tweezers called long bayonet forceps, Bederson began placing all four of Precision's electrode arrays onto the patient's brain. Real-time renderings of the patient's brain activity swept across Precision's monitors in the operating room.
Persons: Joshua Bederson, Ashley Capoot, Bederson, Elon Musk, Stephanie Rider, Ignacio Saez, Saez, Bederson's, Benjamin Rapoport, Precision's, Ashley Capoot Bederson, Precision's Rapoport, Rapoport, Ashley Capoot Rapoport, Thomas Oxley, Synchron Organizations: Sinai, Neurosurgery, Sinai Health, CNBC, Neuroscience, BCI, Tesla, SpaceX, Icahn School of Medicine, U.S . Food, Drug Administration, Mount, Mount Sinai, Precision Neuroscience, Weill Cornell Medicine, Wall Locations: New York City, Mount Sinai, U.S, Mount, Synchron
Check out the companies making headlines in premarket trading: Intuit — The TurboTax parent company slipped nearly 6% after issuing weaker-than-expected fiscal fourth-quarter guidance . Intuit forecast adjusted earnings of $1.80 per share to $1.85 per share, while analysts surveyed by FactSet expected $1.92. Ross Stores — The discount apparel retailer stock added more than 7% on the heels of an earnings beat. Workday forecast subscription revenue of $1.895 billion, while the consensus forecast called for $1.9 billion, according to StreetAccount. Analysts surveyed by LSEG were looking for $2.89 in earnings per share on $888 million of revenue.
Persons: Cash, , Jesse Pound Organizations: Intuit, Ross Stores, LSEG, Nvidia, U.S . Food, Drug Administration Locations: U.S
However, George Miller’s “Mad Max: Fury Road” (2015) and its new prequel, “Furiosa,” provide some possible explanations. Like all the Mad Max films going back to the 1979 original, “Fury Road” and “Furiosa” are set in post-apocalyptic wastelands following some indeterminate eco-catastrophe. “Fury Road” and “Furiosa” focus on a citadel ruled by tyrannical, bloodthirsty and toothy-masked Immortan Joe (played in “Fury Road” by Hugh Keays-Byrne and in “Furiosa” by Lachy Hulme). Charlize Theron stars as Imperator Furiosa in Warner Bros. Pictures' and Village Roadshow Pictures' action adventure "MAD MAX: FURY ROAD," a Warner Bros. Pictures release. In both Furiosa films, such a society emerges in the Green Place, the home from which Furiosa (played in “Fury Road” by Charlize Theron and in “Furiosa” by Anya Taylor-Joy) was stolen as a child.
Persons: Noah Berlatsky, we’re, Noah Berlatsky Noah Berlatsky There’s, George Miller’s “, Max, , Furiosa ”, Mad Max, Joe, Hugh Keays, Byrne, Lachy Hulme, they’ll, , Charlize Theron, Furiosa, Anya Taylor, Joy, , We’re, Dick Cheney, Cheney, “ Furiosa, Chris Hemsworth, It’s Dementus, Dementus Organizations: CNN, Hollywood, Warner Bros ., Warner Bros . Pictures, Village, Pictures, Warner Bros, Century Studios, Twitter, Facebook Locations: Chicago, , Hollywood
A doctor said healthy food plans can help address high healthcare costs and chronic illness rates. Providing personalized recommendations for healthy food — along with information on how to prepare it and the resources to afford it — is fast becoming a trend in preventive healthcare. Healthy food can be hard to access and may not always fit the culinary traditions and eating habits people grew up with. "People think that a healthy diet has to cost more, a lot of the staples of a healthy diet are very inexpensive," he said. Cruciferous veggies are some of the most nutritious foods because they're high in antioxidants, which may help protect against cancer.
Persons: , Dexter Shurney, Shurney, Maya Garcia, who'd, Garcia, I've, they've, it's, Green, Cruciferous, we're, chia Organizations: Healthcare, Service, US Department of Health, Human Services, SNAP Locations: Foodsmart, Chicago
Britain’s inflation rate slowed last month to its lowest level in about three years, approaching the Bank of England’s 2 percent target. Consumer prices rose 2.3 percent in April from a year earlier, down from 3.2 percent in March, the Office for National Statistics said on Wednesday. The rate, which declined slightly less than economists expected, was the lowest since July 2021. Food inflation also slowed to 2.9 percent, from 4 percent. The steep decline in headline inflation, closing in on the central bank’s target, signals a new phase in British policymakers’ battle against inflation.
Organizations: Bank of England’s, National Statistics Locations: Ukraine
Digital pharmacy startup Hims & Hers Health is introducing access to compounded GLP-1 weight loss injections, the company announced Monday. The company, which offers a range of direct-to-consumer treatments for conditions like erectile dysfunction and hair loss, launched a weight loss program in December. But GLP-1 medications — the class of drugs like Ozempic and Wegovy that have skyrocketed in popularity — were not previously offered as part of that program. Customers can access the compounded GLP-1 medications via a prescription from a licensed healthcare providers on the Hims & Hers platform. The company's oral medication kits start at $79 a month, and its compounded GLP-1 injections will start at $199 a month.
Persons: Andrew Dudum, Dudum Organizations: Novo Nordisk, FDA, U.S . Food, Drug Administration, CNBC, & $ Locations: U.S
Lordhenrivoton | E+ | Getty ImagesMany shoppers have been shocked by what they pay at the grocery store checkout. Many families dipped into their savings or turned to credit cards, buy now, pay later installment programs or payday loans to pay for groceries in 2023, according to new research from the Urban Institute. watch now"That might mean that folks are having to rely on liquidity sources other than their income to be able to meet their very basic needs, their food needs," she said. Households with greater levels of food insecurity were more likely to use payday loans, buy now, pay later programs or savings to pay for basic needs, according to the Urban Institute. Of those who used buy now, pay later for groceries, 37% of adults missed payments on those loans.
Persons: Kassandra Martinchek, It's Organizations: Getty, Urban Institute
Remainings of houses damaged by the flood are pictured in Firozkoh the capital city of Ghor Province, Afghanistan, May 18, 2024. REUTERS/StringerMore heavy rains in Afghanistan have triggered flash floods, raising the death toll to 84 in the country's north following weeks of devastating torrents that had already left hundreds dead and missing, a Taliban spokesman said Sunday. The new round of heavy rains and floods hit four districts in Faryab province Saturday night, leaving 66 dead, five injured and eight missing. Afghanistan has been witnessing unusually heavy seasonal rains. Last week, the World Food Program said the exceptionally heavy rains in Afghanistan had killed more than 300 people and destroyed thousands of houses, mostly in the northern province of Baghlan.
Persons: Stringer, Esmatullah Moradi, Moradi, Abdul Wahid Hamas, Ghor Organizations: REUTERS, Food Program Locations: Ghor Province, Afghanistan, Faryab, Ghor, Baghlan, Farah, Herat, Zabul, Kandahar
Remainings of houses damaged by the flood are pictured in Firozkoh the capital city of Ghor Province, Afghanistan, May 18, 2024. REUTERS/StringerFlash floods from heavy seasonal rains have killed at least 68 people in Afghanistan, Taliban officials said Saturday, adding the death toll was based on preliminary reports. Afghanistan has been witnessing unusually heavy seasonal rains. In the hard-hit western province of Ghor, 50 people were reported dead, said Abdul Wahid Hamas, spokesman for the provincial governor. The U.N. food agency posted on social media platform X, saying Ghor was the most affected by the floods where 2500 families were impacted.
Persons: Abdul Wahid Hamas, Feroz Koh, Esmatullah Moradi, Ghor Organizations: REUTERS, Stringer, WFP, World Food Organization Locations: Ghor Province, Afghanistan, Ghor, Farayab, Baghlan, Farah, Herat, Zabul, Kandahar
Grocery prices are finally falling
  + stars: | 2024-05-15 | by ( Danielle Wiener-Bronner | ) edition.cnn.com   time to read: +3 min
New York CNN —Food shoppers can finally breathe a slight sigh of relief: After years of increases followed by months of plateau, grocery prices fell last month. Grocery prices retreated 0.2% from March to April, adjusted for seasonal swings, according to inflation data released Wednesday by the Bureau of Labor Statistics. But back in February, overall food prices remained flat for the first time since April 2023. Fast food prices jumpWhile grocery prices have been moderating, menu prices remain high, especially at fast food spots. At sit-down restaurants, prices went up 3.4%, while at limited-service restaurants — where you’re served at the counter — prices rose 4.8%.
Persons: Milk, you’re, McDonald’s Organizations: New, New York CNN, Bureau of Labor Statistics Locations: New York, Ukraine, Texas, , McDonald’s
Neuralink deemed the risk low enough for a redesign not to be merited, the sources added. Neuralink is testing its implant to give paralyzed patients the ability to use digital devices by thinking alone, a prospect that could help people with spinal cord injuries. The company said last week that the implant's tiny wires, which are thinner than a human hair, retracted from a patient's brain in its first human trial, resulting in fewer electrodes that could measure brain signals. The company said it managed to restore the implant's ability to monitor its patient's brain signals by making changes that included modifying its algorithm to be more sensitive. In the weeks after the surgery, "a number of threads retracted from the brain," Neuralink said in a blog update last week.
Persons: Neuralink, Noland Arbaugh, Arbaugh, Robert Gaunt, it's Organizations: Elon Musk, U.S . Food, Drug Administration, FDA, Specialists, University of Pittsburgh Locations: U.S, Neuralink
Here are the biggest calls on Wall Street on Wednesday: UBS reiterates Nvidia as buy UBS said it's standing by its buy rating heading into Nvidia earnings next week. Wells Fargo names Natera a top pick Wells said the fertilizer company is a new top pick at the firm. Morgan Stanley resumes Exxon as overweight Morgan Stanley resumed coverage of the stock and says it has "attractive growth at a compelling valuation." Morgan Stanley reiterates Palo Alto as overweight Morgan Stanley said it's bullish on shares of Palo Alto heading into earnings next week. Morgan Stanley names Dell a top pick Morga Stanley raised its price target on the stock and says it remains a best idea.
Persons: it's, Cantor Fitzgerald, Tesla, Canto, Tesla's, Wells, CTVA, KeyBanc, TD Cowen, Janus Henderson, Morgan Stanley, Palo, Bernstein, Mills, Campbell, underperform Bernstein, Wolfe, SunPower, Dell, Morga Stanley, Stephens, Truist, Oppenheimer, Will, DA Davidson Organizations: UBS, Nvidia, " Bank of America, Bank of America, Alphabet's, Google, JPMorgan, China, Deutsche Bank downgrades, Deutsche, Fair, Six, Sciences, NTR, Netflix, Energy, Palo Alto, Palo, Food, Tech, Barclays, General Motors, Holdings, ALC, Apple, Apple's Worldwide Developer's Conference, Will Apple, Walmart, D.A Locations: OW, Palo Alto, U.S
Read previewYour DoorDash or other food delivery apps are a prime target for hackers. One reason: food delivery apps use two-factor authentication — like those codes texted to you before you can log in — less often than other kinds, Sift found. Just 3.5% of log-ins on food delivery apps asked for that kind of verification, making it easier for hackers to get in. Related storiesHackers also target food delivery accounts since many customers only use them periodically — meaning they're less likely to notice if someone takes control. AdvertisementDo you work for DoorDash, Instacart, Uber Eats, or another gig delivery service and have a story idea to share?
Persons: , Brittany Allen, Allen, fraudsters, Uber Organizations: Service, Business, Facebook, Walmart Locations: cryptocurrency
Boxes of Wegovy made by Novo Nordisk are seen at a pharmacy in London, Britain March 8, 2024. Patients taking Novo Nordisk 's obesity drug Wegovy maintained an average of 10% weight loss for up to four years, according to a new analysis published Tuesday from the longest clinical trial to date on the treatment. The highly popular drug also reduced the risk of heart disease regardless of a patient's weight, a second analysis on the same trial found. Neither Novo Nordisk or Eli Lilly , which has its own weight loss drug, have been able to produce enough supply to meet the insatiable demand for their treatments. The SELECT trial, which included more than 17,000 patients from over 40 countries, tested Wegovy for its cardiovascular benefits.
Persons: Wegovy, Eli Lilly Organizations: Novo Nordisk, European, Obesity, Insurance, Nordisk's, U.S . Food, Drug Administration Locations: London, Britain, Venice, Italy, U.S
Madi Lee says she lives comfortably in Medora earning $50,000 per year working at the Theodore Roosevelt Medora Foundation. Take Madi Lee, 24, who graduated in 2022 and found herself working in Medora, North Dakota — popoulation: 121. Medora is a tourist town near Theodore Roosevelt National Park where the busy season brings in thousands of visitors. Madi Lee, 24, moved to Medora, North Dakota, which has a year-round population of 121 people. Courtesy of Madi Lee
Persons: Madi Lee, Theodore Roosevelt Medora, Theodore Roosevelt, Lee, I'm, Roth, Medora, she's, she'll Organizations: Theodore Roosevelt Medora Foundation . New, D.C, Theodore Roosevelt Medora Foundation, Ford Bronco, University of Minnesota Duluth Locations: Theodore Roosevelt Medora Foundation . New York City, Washington, Salt Lake City, Medora , North Dakota, Theodore, Madi Lee, Medora, Dickinson, North Dakota, it's, Roseau , Minnesota, Madi
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