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☆ This graphic shows how many more stars you can see under truly dark skies vs. city, suburban, and rural areas
▼ + stars: | 2022-12-05 | by ( Paola Rosa-Aquino | ) www.businessinsider.com time to read: +6 min

Astronomers classify night skies from dark to bright using the Bortle Scale, ranked from one to nine. Light pollution is when artificial light washes out the night sky and makes it hard to see stars. While it might not be as potentially harmful as other kinds of pollution, light pollution can affect human health. Level four classifies the transition from suburban to rural areas, where you can see the Milky Way. The night sky is brimming with stars, making it harder to parse out faint constellations.

☆ How an arcane 96-year-old law stopped the rail strike
▼ + stars: | 2022-12-02 | by ( Chris Isidore | ) edition.cnn.com time to read: +9 min

The Railway Labor Act was passed in 1926 as one of the very first labor laws in the nation. Because of the law, the House was able to vote Wednesday to impose unpopular contracts on four rail unions whose members have already rejected the terms, followed by a vote by the Senate vote late Thursday that did the same. The Railway Labor Act, passed in 1926, is the reason Congress could intervene this week to block a strike by freight railroad unions. But under the Railway Labor Act, management can fall back on hopes that Congress will give them the deal it wants. When he served in the Senate, Biden voted against an earlier effort to impose a contract on the rail unions to keep them on the job.

☆ Some Retailers Are Learning to Love Bulked-Up Inventories
▼ + stars: | 2022-12-01 | by ( Liz Young | ) www.wsj.com time to read: +6 min

Discount retailers Burlington Stores Inc. and TJX Cos. are among those happy to stock up as other merchants look to off-load goods. “Last year, our store inventories were just too lean going into the spring,” Mr. O’Sullivan said on a Nov. 22 call with analysts. The overall retail sector’s ratio of inventories to sales, a measure of how much companies have in stock compared with what they sell, remains tight by historical standards. The ratio for inventories to sales at those stores was 1.54 in September, up sharply from 1.39 in September 2019, according to Census Bureau figures. The company reported inventories rose 44% in the latest quarter compared with the same period a year earlier.

☆ America may dodge a crippling rail strike. Here’s how we got here
▼ + stars: | 2022-11-30 | by ( Chris Isidore | ) edition.cnn.com time to read: +10 min

The House approved two pieces of legislation Wednesday, one to impose the tentative agreements that members of four of the unions have already rejected, keeping 115,000 rail workers on the job and averting a strike. More than just sick daysThe fact that this is still an issue more than two months after an 11th-hour tentative deal was reached goes beyond the issue of paid sick days. All 12 rail unions agreed to the tentative deals that generated so much opposition. But he said the issue of sick days will not be going away. Senator Bernie Sanders, a close ally of the labor movement, tweeted “At a time of record profits in the rail industry, it’s unacceptable that rail workers have ZERO guaranteed paid sick days.

☆ Here's what Black Friday sales tell us about the retail sector — and our top pick
▼ + stars: | 2022-11-28 | by ( Paulina Likos | ) www.cnbc.com time to read: +4 min

The holiday shopping season got off to a solid start over the weekend, as Black Friday's online sales beat expectations and started to build some much-needed momentum for the retail sector. According to Adobe's online sales tracker, consumers shelled out a record $9.12 billion shopping online on Black Friday. In another early look report, traffic on Black Friday at brick-and-mortar retail stores rose about 3% over 2021, according to retail tracker Sensormatic, which attributed the rise to increased promotional activity and "favorable in-store experiences." The analysts point out that this year's holiday shopping calendar is one day longer than in 2021. Bottom line With holiday shopping underway, we continue to like off-price retailers in these trying times.

☆ This software stock surged 37% last week, and analysts say it could rise by another 14%
▼ + stars: | 2022-11-28 | by ( Weizhen Tan | ) www.cnbc.com time to read: +1 min

Global stocks inched higher over the past week, but one stock stood out. That stock is U.S.-based software firm Coupa Software , which jumped nearly 37% over the week. Coupa was among only six global stocks under the MSCI World index to rise more than 10% over the week. Retailer Burlington Stores surged around 24% after last week's release of its third-quarter earnings. Its performance comes off per-share earnings and revenue beats reported in third-quarter earnings Tuesday.

☆ See a new tiny-home community where former inmates can live for free to get back on their feet
▼ + stars: | 2022-11-25 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +4 min

A New Jersey nonprofit built a tiny-home community for recently released inmates. The nonprofit hopes that the tiny homes will establish a sense of community and better integrate participants back into society. Paul Taggines, Chief Operating Officer of The Kintock Group, showing off one of the tiny homes. Pallet has built tiny homes in 11 different states across the country from California to Massachusetts. While there is no regulated size, typically tiny homes are less than 600 square feet.

☆ What Cramer is watching Tuesday — Nasdaq tough year, seasonal oil strength, P&G looking good
▼ + stars: | 2022-11-22 | by ( Jim Cramer | ) www.cnbc.com time to read: +5 min

Citi lowers DVN price target by $2 pe share to $78; keeps buy rating. Piper Sandler cuts Club holding Amazon (AMZN) price target to $119 per share from $125. Honeywell (HON), also a Club stock, is an underappreciated tech franchise, JPMorgan says. Zoom Video (ZM) catches multiple price target cuts on Wall Street. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Nimble retailers Costco, TJX to benefit from improving supply chains, Cowen says
▼ + stars: | 2022-11-22 | by ( Paulina Likos | ) www.cnbc.com time to read: +6 min

At the same time, the bank called TJX its "top pick within off-price retail for supply chain margin recovery." The retail industry has been weighed down by a global supply chain crisis in the wake of the Covid-19 pandemic. But with the Federal Reserve aggressively raising interest rates to suppress demand and rein in inflation, supply chain bottlenecks are now beginning to ease. Cowen's take Costco's supply chain this year has been interrupted by port delays, shortages of raw materials and labor costs. On TJX, we agree that supply chain volatility creates opportunities for the off-price retailer, as its business model targets name brands struggling with excess supply.

☆ Markets are watching for more clues on Fed hikes and the economy in the week ahead
▼ + stars: | 2022-11-18 | by ( Patti Domm | In | ) www.cnbc.com time to read: +7 min

Investors may be a bit more cautious in the week ahead, with stocks seeking direction in quiet trading and the bond market's warnings about recession getting louder. "That's going to cause its own pressure on markets because markets never look through a profit recession." In the past week, Fed officials maintained their tough tone and some even sounded more hawkish. A rallying stock market is a sign of looser financial conditions. "The stock market is complicating the Fed's objective," said Lyngen.

☆ Cramer’s week ahead: Markets will do ‘much better’ during the next four weeks
▼ + stars: | 2022-11-18 | by ( Krystal Hur | ) www.cnbc.com time to read: +4 min

SmuckerQ2 2023 earnings release at 7 a.m. ETProjected EPS: $2.18Projected revenue: $2.17 billionCramer said that he expects the company to start the week off with a bang. Jacobs SolutionsQ4 2022 earnings release between 6:15 and 6:45 a.m. Tuesday: Best Buy, American Eagle, Burlington, Dollar Tree, Dick's Sporting GoodsBest BuyQ3 2023 earnings release at 7 am. Wednesday: DeereQ4 2022 earnings release between 6:15 and 6:45 a.m.

☆ The week in review, the week ahead — Nov. 18, 2022
▼ + stars: | 2022-11-18 | by ( Zev Fima | ) www.cnbc.com time to read: +5 min

It certainly gave the market some pause in the back half of the week. Looking ahead, we remind members that markets will be closed on Thursday for Thanksgiving, and will close early at 1:00 p.m. Also Thursday, initial jobless claims for the week ending Nov. 12 came in at 222,000, a decrease of 4,000 from the prior week and below expectations of 228,000. Below are some other earnings reports and economic numbers to watch in the week ahead. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Wall Street absolutely loves this retailer, poised to benefit from the industry's inventory issues
▼ + stars: | 2022-11-17 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

The off-price retailer beat earnings expectations on Wednesday, reporting third-quarter earnings-per-share of 86 cents versus a StreetAccount estimate of 80 cents. Revenue, however, came in lower than expected, at $12.17 billion compared to the $12.3 billion expected by Wall Street. The glut of inventory in the retail space has helped lift TJX 's earnings, CEO Ernie Herrman said on the earnings conference call Wednesday. TJX's comparable-store sales were driven by the excellent performance of Marmaxx, particularly its apparel business, the company said. U.S. Marmaxx sales, which includes T.J. Maxx and Marshalls brand stores, rose 3%in the third quarter, while TJX's HomeGoods' comparable-store sales sank 16%.

☆ What Cramer is watching Monday — two AMD upgrades, Microsoft hesitancy, Alzheimer's results
▼ + stars: | 2022-11-14 | by ( Jim Cramer | ) www.cnbc.com time to read: +5 min

Baird upgrades Advance Micro Devices (AMD) to outperform from neutral (buy from hold) and raises price target to $100 per share from $65. UBS goes to a buy from neutral as well and raises price target to $95 from $75. Oppenheimer cuts price target on Club holding Nvidia (NVDA) to $225 per share from $250. Credit Suisse analyst Scott Deuschle assumes coverage on Honeywell (HON) with a neutral rating and a $202-per-share price target. Good for Club holding Eli Lily (LLY) and Biogen (BIIB), which are each working on separate experiment treatments for the disease.

☆ One of our best-performing stocks lately reports earnings this week. Here's what to expect
▼ + stars: | 2022-11-14 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +7 min

Overall, 77% of the 26 analysts who cover TJX rate the stock the equivalent of a buy, according to FactSet. Two big earnings themes When TJX releases fiscal 2023 third-quarter results after Wednesday's closing bell, it'll mark the first time the company will report earnings as a CNBC Investing Club name. TJX saw its pretax margin collapse to 0.3% during its pandemic-marred fiscal 2021, down from 10.6% in its prior fiscal year. Any indications of easing cost headwinds — especially on the freight side — should help support earnings growth into next year. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Keurig Dr Pepper CEO Resigns Over Conduct-Code Violations
▼ + stars: | 2022-11-10 | by ( Colin Kellaher | ) www.wsj.com time to read: 1 min

Keurig Dr Pepper didn’t disclose details of the violations by Ozan Dokmecioglu but said they were unrelated to the company’s strategy, operations or financial reporting. Keurig Dr Pepper Inc. said Ozan Dokmecioglu , who took the helm of the beverage maker at the end of July, has resigned as president, chief executive and a board member over violations of the company’s code of conduct. The Burlington, Mass., company said Bob Gamgort , who has been serving as executive chairman since handing the reins to Mr. Dokmecioglu, has reassumed the CEO post.

☆ Levi's names Kohl's Michelle Gass as chief executive
▼ + stars: | 2022-11-08 | by ( ) www.reuters.com time to read: 1 min

Nov 8 (Reuters) - Levi Strauss & Co (LEVI.N) on Tuesday named current Kohl's Corp (KSS.N) Chief Executive Officer Michelle Gass as its next CEO, replacing Chip Bergh. Gass will leave Kohl's in December to become president of Levi's and will report to Bergh before taking over as chief executive within the next 18 months. Kohl's said Tom Kingsbury, a director on the department store chain's board and former Burlington Stores Inc (BURL.N) chief executive, will serve as interim CEO from Dec. 2. Kohl's shares rose 11% in premarket trading, after it also forecast better-than-expected third-quarter earnings. Reporting by Uday Sampath in Bengaluru; Editing by Shounak DasguptaOur Standards: The Thomson Reuters Trust Principles.

☆ 3 takeaways from our daily meeting: Oil in focus, Club names in the news, Disney earnings
▼ + stars: | 2022-11-08 | by ( Krystal Hur | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Oil in focus Quick mentions: TJX, NVDA, EL DIS earnings 1. 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.

☆ Levi Strauss CEO says company's search for new leader got help from unlikely source
▼ + stars: | 2022-11-08 | by ( Melissa Repko | ) www.cnbc.com time to read: +1 min

As Levi Strauss & Co. searched for its next leader, it got help from a surprising source. Levi CEO Chip Bergh said pressure from activist investors prompted Kohl's CEO Michelle Gass to consider the job. On Tuesday, Levi announced that Gass will join the company in January as president and become chief executive within 18 months. "She's been through the wars," Bergh told CNBC. Gass has led an embattled Kohl's, which has rebuffed repeated attempts by activist investors to push her out.

☆ Republican Rep. Mariannette Miller-Meeks faces off against Democratic state Rep. Christina Bohannan in Iowa's 1st Congressional District election
▼ + stars: | 2022-11-05 | by ( Hanna Kang | ) www.businessinsider.com time to read: +4 min

Rep. Mariannette Miller-Meeks is running against Democratic state Rep. Christina Bohannan in Iowa's 1st Congressional District. IA-03 HouseRepublican Rep. Mariannette Miller-Meeks faces off against Democrat Christina Bohannan in Iowa's 1st Congressional District. Iowa's 1st Congressional District candidatesDon't say your vote doesn't cout: Miller-Meeks, first elected in 2020, won the election by just six votes after a recount. Bohannan, Miller-Meek's challenger, currently represents the 85th District in the Iowa House of Representatives. Voting history for Iowa's 1st Congressional DistrictIowa's 1st Congressional District covers most of central and southeastern Iowa and includes Iowa City, Davenport, Pella, and Burlington.

☆ The "ultimate buy-and-hold" investment fund that hasn't changed its strategy since 1935 is crushing 94% of competitors this year. Here are its top 10 holdings — and how it's beating the bear market.
▼ + stars: | 2022-10-28 | by ( Lisa Kailai Han | ) www.businessinsider.com time to read: +5 min

The Voya Corporate Leaders Trust Fund is the "ultimate buy and hold," says manager Christina Bargeron. The fund hasn't changed its strategy since 1935 — yet it's still outperforming 94% of competitors. Christina Bargeron may be the client portfolio manager of the Voya Corporate Leaders Trust Fund, but she won't take credit for its outrageous outperformance this year. So far this year, the Voya Corporate Leaders Trust Fund is down just 2%, compared to the average 9% decline among other funds in its category. The widespread Depression-induced distrust of banks also ensured that no financial firms made their way into the Voya Corporate Leaders Trust Fund.

☆ Wells Fargo upgrades Ross Stores, calls stock one of the 'best ways' to play off-price retail
▼ + stars: | 2022-10-25 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Ross Stores is one of the best ways investors can get in on the off-price retail trade, Wells Fargo said. Analyst Ike Boruchow upgraded the stock to overweight, saying in a note to clients Tuesday that he sees upside to Wall Street's estimates ahead. Boruchow expects improving fundamentals across the off-price sector due in part to growing inventory availability as consumers trade down. "Simply put, we believe BURL and ROST are the best ways to play our bullish off-price thesis," he wrote, calling both companies "better recovery stories." Boruchow upped Wells Fargo's price target on Ross Stores to $110 from $90 a share, suggesting the stock could rally 26% from Monday's close.

☆ Keurig Dr Pepper Poaches Vista Outdoor Finance Chief
▼ + stars: | 2022-10-24 | by ( Colin Kellaher | ) www.wsj.com time to read: +1 min

Keurig Dr Pepper Inc. on Monday said it named Sudhanshu Priyadarshi chief financial officer, effective Nov. 14, plucking the executive from Vista Outdoor Inc.Keurig’s previous finance chief, Ozan Dokmecioglu, earlier the year succeeded Bob Gamgort as chief executive, and the Burlington, Mass., beverage company had said it was looking to recruit a new chief financial officer. Vista said Mr. Priyadarshi, who joined the Anoka, Minn., maker of sporting and outdoor products as chief financial officer in April 2020, will continue to fulfill his duties until his departure, including the release of the company’s fiscal second-quarter results. Vista said it has launched a formal search for a successor to Mr. Priyadarshi, adding that Andrew Keegan, currently vice president of finance and treasury, will serve as interim finance chief. Keurig said Mr. Priyadarshi, 45 years old, will receive an annual base salary of $850,000 and will be eligible for an annual bonus with a target of 80% of his base pay. Write to Colin Kellaher at Colin.Kellaher@wsj.comCopyright ©2022 Dow Jones & Company, Inc. All Rights Reserved.

☆ Keurig Dr Pepper Names New CFO to Fill Gap Left by Elevation of CEO
▼ + stars: | 2022-10-24 | by ( Kristin Broughton | Colin Kellaher | ) www.wsj.com time to read: +4 min

Keurig Dr Pepper Inc. hired a new executive to lead its finances after it promoted its former chief financial officer to the role of chief executive. In his new role, Mr. Priyadarshi will oversee Keurig Dr Pepper’s finance and information technology divisions. Keurig Dr Pepper is scheduled to report quarterly results on Thursday. Keurig Dr Pepper has said that acquisitions are a top priority for capital allocation. Keurig Dr Pepper Monday said Mr. Priyadarshi wasn’t available for an interview and declined to comment beyond its release.

☆ Union Pacific cuts volume growth forecast as worker shortage weighs
▼ + stars: | 2022-10-20 | by ( ) www.reuters.com time to read: +2 min

A Union Pacific rail car is parked at a Burlington Northern Santa Fe (BNSF) train yard in Seattle, Washington, U.S., February 10, 2017. REUTERS/Chris HelgrenOct 20 (Reuters) - Union Pacific Corp (UNP.N) on Thursday cut its annual volume growth forecast despite a rise in third-quarter shipments, as the U.S. railroad operator struggles with worker shortages. "Inflationary pressures and operational inefficiencies continued to challenge us," Union Pacific Chief Executive Officer Lance Fritz said in a statement. The company trimmed its forecast for full-year volume growth to about 3% from 4%-5%, even after a 3% rise in the third quarter led by higher coal and renewables shipments. Excluding a $114 million charge from the tentative labor deal, the company posted a net income of $3.19 per share, ahead of Refinitiv IBES estimates of $3.06 per share.

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