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☆ No need to sell this AI data center play ahead of earnings — and updates on 3 more industrial stocks
▼ + stars: | 2024-10-02 | by ( Morgan Chittum | ) www.cnbc.com time to read: +6 min

Deutsche Bank is striking a cautious tone on Dover 's stock ahead of the industrial conglomerate's upcoming earnings report. Late Tuesday, Deutsche Bank listed Dover as a short-term sell idea, suggesting the company will report underwhelming results that may pressure shares later this month. Other industrial stocks in our portfolio received price target increases this week, including Eaton, Stanley Black & Decker and Honeywell . Both firms raised their price target on the DeWalt owner's stock to $100 a share from $96 while maintaining hold or hold-equivalent ratings. Honeywell's price target was increased only slightly at Deutsche Bank — up merely $1 to $226 a share — and left unchanged at Barclays.

Persons: Jim Cramer, industrials, Barclays –, Stanley Black, Decker, Jim, Dover, Richard Tobin, there's, DOV YTD, DOV, It's, Eaton, Vimal Kapur, Jim Cramer's, SWK Organizations: Deutsche Bank, Federal Reserve, Barclays, Environmental Solutions, Wednesday, Honeywell, Deutsche Bank —, Barclays . Deutsche Bank, CNBC, Luza Locations: Dover, Eaton

☆ Dockworkers are waging a battle against automation. The rest of us may want to take notes
▼ + stars: | 2024-10-02 | by ( Allison Morrow | ) edition.cnn.com time to read: +5 min

Here’s the deal: The East Coast port strike is getting a lot of attention for its potential disruption to the economy — which is precisely the point. No dockworkers means no bananas (or whatever), which means no profits for the companies that produce and ship them. While research shows automation has obvious benefits, like lower operating costs and fewer human-related errors, port automation does not, on its own, significantly improve performance, according to a 2018 McKinsey report. But automation anxiety is rapidly spilling over into office work, where managers are adopting AI in the hopes of replacing human work or amplifying production. As Washington Post columnist Heather Long wrote Tuesday, the strike is “an early battle of well-paid workers against advanced automation.

Persons: CNN Business ’, It’s, ”, Dennis Daggett, Mark Felix, Sameera Fazili, Biden, it’s, …, ” Fazili, Heather Long Organizations: CNN Business, New York CNN, Hollywood, McKinsey, International Longshoremen’s Association, Economic, Getty, National Economic Council, Washington Locations: New York, East Coast, China, Singapore, Europe, Port of New York, New Jersey, Long Beach, Los Angeles, AFP

☆ JD Vance's debate performance helped rehab his image, but being 'Minnesota nice' worked against Tim Walz, campaign experts say
▼ + stars: | 2024-10-02 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +5 min

Tim Walz took the stage in their first and only debate on Tuesday. Tim Walz in the pair's only debate of their vice presidential campaigns. AdvertisementAccording to polling, Vance has become one of the least-liked vice presidential candidates in history. The vice presidential debate is likely the last major debate of the campaign, as the presidential nominees haven't agreed to a second appearance after their September 10 face-off. "Vance's casual use of 'Tim' when addressing Walz subtly diminished Walz's authority, creating an impression of informality that worked in Vance's favor," Bui said.

Persons: Sen, JD Vance, Tim Walz, Vance, —, Ohio, Walz, Benjamin Radd, backtrack, Trumper, Radd, Crystal Bui, George Floyd's, Bui, Harris, Kamala Harris, Joe Biden's, haven't, Tim, Susan McWilliams Barndt, McWilliams Barndt, I'm Organizations: Gov, Service, Minnesota Gov, UCLA, UCLA Burkle Center for International Relations, Democratic, Spotlight Communications, Trump, Pomona College, Business Locations: Minnesota, Vance's

☆ Kristen Bell says Adam Brody did one key thing to take their kiss scene in 'Nobody Wants This' to the next level
▼ + stars: | 2024-10-02 | by ( Olivia Singh | ) www.businessinsider.com time to read: +6 min

Netflix's "Nobody Wants This" stars Adam Brody and Kristen Bell as love interests. "Nobody Wants This" stars Adam Brody as Noah Roklov, a newly single rabbi, and Kristen Bell as Joanne, an agonistic host of a sex podcast. Adam Brody levelling up to a place of hotness that I didn’t think could be possible. Kirsten Bell as Joanne and Adam Brody as Noah on "Nobody Wants This." "And I was like, 'You guys gotta look at Adam Brody because he's gonna be the one.

Persons: Adam Brody, Kristen Bell, Bell, —, Noah Roklov, Joanne, It's, Noah, they've, Noah assertively, Biene__B, NobodyWantsThis, ager, ‼ ️, Jo Organizations: Service

☆ For Nvidia, spatial AI and the ‘omniverse’ entering physical world may be the next big thing
▼ + stars: | 2024-10-02 | by ( Rachel Curry | ) www.cnbc.com time to read: +6 min

"All of it is very important, but the things we take for granted around us in the physical world are actually far more important." Spatial AI allows models to understand and interact with the physical world in ways previously limited to human cognition, and Nvidia is not the only one building on it. It's a spatial intelligence company building "large world models" to understand, interact with, and build on the three-dimensional world around us. AI for robotics, not just humanoid robotsIn contemplating the ultimate use of artificial intelligence, Nvidia concluded that robotics is the answer. Physical world will be changed by AI within yearsMany companies that focus on robotics and spatial intelligence are homing in on the world of manufacturing.

Persons: ChatGPT, Lebaredian, Fei, Fei Li, Andreessen Horowitz, Jensen Huang, Agustin Huerta, Globant's Huerta, Huerta Organizations: Nvidia, Stanford, Labs, Apple, North America, Franklin, Marshall College, International Locations: New Orleans, San Francisco, North, Globant, London

☆ I'm taking a hands-off approach to my son's schooling. I don't want him to fail, but he needs to be independent.
▼ + stars: | 2024-10-02 | by ( Ashley Archambault | ) www.businessinsider.com time to read: +6 min

I'm taking a more hands-off approach and letting him learn to manage his own schooling. AdvertisementIn Florida, where we live, third grade is the first school year students are issued grades in their four core subjects. I'm a teacher myself, and the possibility of my son failing an entire grade felt like a failure on my part. I'm simply asking my son why he's getting these grades and what he might do to raise them. While getting good grades is a reward for working hard, getting poor grades should also serve as a reflection opportunity on what you could have done differently.

Persons: —, he's, I'm, it'll, It's Organizations: Service Locations: Florida, I'm

☆ Asheville was considered a climate haven. Helene shows nowhere is safe
▼ + stars: | 2024-10-02 | by ( Laura Paddison | Holly Yan | ) edition.cnn.com time to read: +7 min

CNN —Asheville was touted as a climate haven, a place to escape the worst ravages of extreme weather. It pummeled western North Carolina as a tropical storm Friday. In some ways, this scenic swath of western North Carolina was primed for catastrophe. Both systems concentrated their highest rainfall on western North Carolina, killing 11 people. A recent First Street report found parts of North Carolina devastated by Helene could now experience a once-in-100 year flood every 11 to 25 years.

Persons: ”, Kathie Dello, Hurricane Helene, Helene, Melissa Sue Gerrits, Jesse Keenan, Susan Hassol, Dello, ” Dello, Ivan, Frances, Sean Rayford, Fred, Travis Long, Helene “, Ed Kearns, ” Kerns, Esther Manheimer, Tulane University’s Keenan, Keenan, ” There’s, Rachel Ramirez, Ella Nilsen, Brandon Miller Organizations: CNN, Asheville, Highways, Biltmore, Tulane University, Lawrence Berkeley National Laboratory, Tropical, First Street Foundation, Tulane Locations: North Carolina, America, North Carolina’s, Florida, Buncombe County, Asheville, Gulf of Mexico, California , Arizona, Carolinas, Georgia, Buncombe, Biltmore Village, Cruso , North Carolina, Canada, Vermont, West Virginia, Phoenix

☆ Stock market typically cools off in October following a really strong third quarter
▼ + stars: | 2024-10-02 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

The stock market typically cools off in October following a really strong third quarter, but any weakness could prove to be a potential buying opportunity for year-end, according to Piper Sandler. On Tuesday, the first day of the month , the Dow Jones Industrial Average and the S & P 500 fell, while the Nasdaq Composite dropped more than 1%. Those losses come after the S & P 500 advanced 5.5% in the three months ended September. Since 1928, following the 34 instances when third-quarter returns were greater than 5%, the S & P 500 then slid 1% on average in October, the technician said. .SPX 1M mountain S & P 500 Many investors agree that the bias into year-end is to the upside, after some near-term seasonal weakness.

Persons: Piper Sandler, Stocks, Hurricane Helene spooked, Craig W, Johnson, Tom Lee, we've, Lee Organizations: Dow Jones Industrial, Nasdaq, Fundstrat Global Advisors Locations: U.S, Hurricane

☆ Cramer says companies must roll back prices: 'It may be time for a giant reset'
▼ + stars: | 2024-10-02 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Wednesday opined on pervasive inflation, saying companies must bring down prices if they want to attract consumers in the current economic landscape. "Companies are so reluctant to take prices down because they don't want to hurt their treasured gross margins," he said. He also attributed some of the issues at Nike to inflation, saying they're "emblematic of how higher prices are changing the face of business." While consumers protest higher prices, Cramer said they — and Wall Street — are responding well to companies that offer bargains or have reduced prices. He added that companies that roll back prices can offset the costs with volume.

Persons: CNBC's Jim Cramer, Cramer Organizations: Nike, Costco, Walmart

☆ I was an early Amazon executive. Andy Jassy is right to get employees in the office five days a week.
▼ + stars: | 2024-10-02 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +7 min

Andy Jassy is thinking long-termThe recent return-to-office mandate requiring employees to work from the office five days a week is tricky. I think Jassy is thinking long-term, which is one of the core features of Amazon's leadership principles: long-term thinking. The third leadership principle I think Jassy is enforcing is frugality. The principle says that leaders work daily to create a safer, more productive, higher-performing, and diverse work environment. I think Jassy looks at this and says, "That is what I am doing."

Persons: John Rossman, Rossman, —, it's, Andy Jassy, they'd, Andy Jassy's, Jeff Bezos, Jassy Organizations: Amazon, Service Locations: America

☆ CBS cut mics and fact-checked JD Vance in a more civil VP debate, drawing the ire of Trump and his allies
▼ + stars: | 2024-10-02 | by ( Hadas Gold | ) edition.cnn.com time to read: +5 min

Or would they take a hands-off approach and let the candidates fact check each other? Vance spoke up to complain about the fact check. “Margaret, the rules were that you were not going to fact check and since you’re fact-checking me, I think it’s important to say what’s actually going on,” he protested. “When is she going to fact check Tampon Tim on all of his false statements? Video Ad Feedback Walz asked Vance if Trump lost the 2020 election.

Persons: Norah O’Donnell, Margaret Brennan, Brennan, Sen, JD Vance, Tim Walz, Vance, “ he’s, Kamala Harris’s, “, you’ve, we’ve, ” Vance, Walz, ” Brennan, “ Margaret, what’s, ”, David Muir, Linsey Davis, Donald Trump, Kamala Harris, Trump, ” Trump, Tim, Megyn Kelly, Brit Hume, Feedback Walz, Laura Ingraham, Jason Miller, Vance masterfully Organizations: New, New York CNN, CBS, Gov, Trump, Fake, Republican, Fox News, NBC, CNN Fox, CNN Locations: New York, Ohio, Springfield , Ohio, Springfield, Vance

☆ Rates won't fall back to pre-pandemic levels as geopolitical conflict and supply chain issues create problems for world economies, BofA exec says
▼ + stars: | 2024-10-02 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +4 min

That's led the market to assume rates will fall to pre-pandemic lows, BofA's Bernard Mensah says. Yet, inflationary risks will likely keep rates elevated, Mensah says. Before the pandemic, in the decade following the Great Financial Crisis, interest rates remained at historical lows. Despite the Fed's apparent confidence that pricing pressures have eased, Mensah says a variety of inflationary risks will keep interest rates higher. Other analysts have also pointed to inflation risks from geopolitical conflicts.

Persons: That's, BofA's Bernard Mensah, Mensah, —, Bank of America's Bernard Mensah, Rowe Price, Tomasz Wieladek Organizations: Fed, Service, Federal Reserve, Bank of America's, Bloomberg Locations: US, China, England, Switzerland, Sweden, Canada, Mexico

☆ A junk dealer found a painting in a basement. Experts say it’s an original Picasso
▼ + stars: | 2024-10-02 | by ( Barbie Latza Nadeau | ) edition.cnn.com time to read: +4 min

CNN —A painting discovered by a junk dealer in the basement of an Italian villa six decades ago is actually the work of Pablo Picasso and could sell for millions, according to experts. At just 24, Lo Rosso didn’t appreciate that the signature in the upper left corner of the artwork that read simply “Picasso” meant anything, his son Andrea Lo Rosso told CNN on Tuesday. The older Lo Rosso, who died in 2021, stuck it in a cheap frame and gave it to his wife — much to her chagrin, his son said. Finally, last month Cinzia Altieri, a graphologist for a patrimony court in Milan, was able to certify the Picasso signature as authentic. “I’m happy but let’s wait to toast, there is still one step to take before we consider this incredible story over,” Andrea Lo Rosso said.

Persons: Pablo Picasso, Luigi Lo Rosso, Lo Russo, Andrea LoRosso, Dora Maar, Luca Gentile, Lo Rosso, Andrea Lo Rosso, —, wasn’t, ” Andrea Lo Rosso, Picasso, Picasso’s, Maar ”, Altieri, ”, Marcante, CNN he’s, “, ” CNN’s Organizations: CNN, Arcadia Foundation, Picasso Foundation Locations: Pompeii, Italy, Capri, Swiss, Golfe, Juan, France, Spanish, Milan, Paris

☆ Boris Johnson said Queen Elizabeth II had bone cancer. It's not unusual for royals to keep health troubles private.
▼ + stars: | 2024-10-02 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +7 min

Former Prime Minister Boris Johnson wrote in his memoir that Queen Elizabeth II had bone cancer. AdvertisementAfter Queen Elizabeth died on September 8, 2022, her official cause of death was listed as old age. Queen Elizabeth II's father died of lung cancer, which Harris said George himself may not have seen coming. "Both Queen Elizabeth II and Prince Philip always wanted the headlines to be focused on the work of the monarchy rather than their individual health conditions," Harris said. Queen Elizabeth and Prince Philip were both private about their health.

Persons: Boris Johnson, Queen Elizabeth II, King Charles III, —, Elizabeth, Johnson, Edward Young, wasn't, Gyles Brandreth, Buckingham, Carolyn Harris, King George VI's, Queen Elizabeth II's, Harris, George, Prince Philip, King George VI, Princess Elizabeth, Lisa Sheridan, Lisa, Kristen Meinzer, Queen Elizabeth, Tim Graham, Philip, Liz Truss, Meinzer, David Cameron, Charles, Kate Middleton, Princess, Wales, King Charles, Samir Hussein, King Charles III's, Prince of Wales, Jonathan Dimbleby, Kate, it's Organizations: Service, The Daily, Business, Getty Locations: Balmoral, Scotland

☆ Young Chinese are 'retiring' in the countryside as China's unemployment woes grate
▼ + stars: | 2024-10-02 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +6 min

Vcg | Visual China Group | Getty ImagesFed up with China's employment situation, young people on the mainland are retreating to the countryside. China's youth unemployment rate in August hit a new record of 18.8%, the highest since the new system of record-keeping began in December. Young Chinese transplanting rice seedlings in a field. Vcg | Visual China Group | Getty ImagesBut China's young "retirees" have pushed back against criticism that they are too picky or have given up. Such accusations, while unfair, are understandable in Chinese societal culture and context, said Hang Seng Bank China's Wang.

Persons: Gen, Wenzi Dada, Chung Chi, Chung Chi Nien, That's, Chung, Dan Wang, Wang, Keyu Jin, Wenzi, Gen Z Organizations: Visual China, Getty, CNBC, Hong Kong Polytechnic University, Hang Seng Bank, London School of Economics, Hang Seng Locations: Chongqing, China, Guizhou, Wenzi, Yunnan, Sichuan —, Shanghai, Hang Seng Bank China

☆ Key lines from the Vance-Walz vice presidential debate
▼ + stars: | 2024-10-02 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +19 min

Here are key lines from the debate, which was hosted by CBS News in New York City on Tuesday. Vance said many of the things Trump says, but he did it with a control that Trump lacks. The only answer is during the four years that Donald Trump was president. We have a historic immigration crisis because Kamala Harris started and said that she wanted to undo all of Donald Trump’s border policies. We could come together and solve this if we didn’t let Donald Trump continue to make it an issue.

Persons: Tim Walz, Sen, JD Vance, Vance, don’t, Vance Vance, Donald Trump, Donald Trump’s, Trump, Walz, Walz Walz, I’m, didn’t, Vance Trump’s, Joe Biden, Kim Jong Un, Chip Somodevilla, I’ve, we’re, Walz Vance, Kamala Harris, Vance Walz, you’ve, You’ve, Kamala Harris ’, Matthew, ‘, Margaret Brennan, Norah O'Donnell, Brendan McDermid, Reuters We’re, We’re, Vance It’s, Robert F, Kennedy Jr, ”, Harris, Biden, Nora, we’ve, Wade, Roe, Amber Thurman, Sandy, Walz misspoke, That’s, Vance Both Walz, You’re, Vance Child, Vance Trump, Walz Trump, It’s, he’ll, he’s Organizations: CNN, Gov, Minnesota, CBS News, Social Security, Trump, NATO, CBS, Center, Reuters, Mayo Clinic, Pharmaceuticals, Sandy Hook Elementary, Minnesota Gov, Affordable, Biden, Democratic Locations: Ohio, New York City, Israel, Iran, American, Afghanistan, Syria, Iraq, America, Mexico, Springfield , Ohio, Springfield, New York, Rochester , Minnesota, Hong Kong, China, Roe, Georgia, Finland

☆ These 2 sectors of the stock market are poised to benefit most if Trump wins in November, RBC says
▼ + stars: | 2024-10-02 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +5 min

A Trump win would benefit energy and financial stocks the most, RBC analysts say. The analysts see a Trump win as overall bullish for equities, with a Harris win more bearish. AdvertisementA Donald Trump win in November could be the best outcome for stocks, and two sectors in particular would benefit the most, according to RBC Capital Markets. Those sectors would see the most upside from a Trump win, especially if Republicans take both the White House and Congress, the analysts say. EnergyThe analysts say Trump's policies favor domestic fossil fuel production, since they aim to reduce regulatory requirements, which would lower costs.

Persons: Harris, —, Donald Trump, Donald Trump's, Financials, Kamala Harris, Trump, fracking, Janet Yellen Organizations: Trump, RBC, Service, RBC Capital Markets, White House, Congress, Energy, Republican, Democratic, Biden

☆ TV personality La La Anthony on why you should have multiple streams of income: You're 'crazy if you only do one thing'
▼ + stars: | 2024-10-02 | by ( Renée Onque | ) www.cnbc.com time to read: +4 min

And TV personality La La Anthony says, "you'll be crazy if you only do one thing. You got to do multiple things and get multiple things going for yourself." "There was a time where you could only do one thing, or people only wanted you to do one thing," Anthony tells CNBC Make It. But I think now it's a different time, a different day, where everyone's doing multiple things." She suggests not allowing fear to creep in and cause you to think that you won't be able to balance multiple things you're passionate about.

Persons: La La Anthony, Anthony, isn't, we've, Get Organizations: MTV, Starz, CNBC, Amgen

☆ Are Hannah and Nick from 'Love Is Blind' season 7 still together? The couple had a tense time in Mexico
▼ + stars: | 2024-10-02 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +5 min

Hannah and Nick are one couple who make it out of the pods to the group vacation in Mexico. AdvertisementWarning: Spoilers ahead through episode six of "Love Is Blind" season seven. While Hannah continues to date Nick and Leo, Nick tells her that he loves her first, and she reciprocates. AdvertisementHannah and Nick still follow each other on InstagramRight now, it's unclear if Hannah and Nick are still together. The next episodes of "Love Is Blind" season seven will air on Wednesday, October 9 on Netflix.

Persons: Hannah, Nick, —, they're, Leo, Hannah rebuffing, Nick doesn't, TikTok, didn't Organizations: Service, Netflix Locations: Washington, D.C, Mexico, Japan

☆ The big catalyst for the week: How to trade Friday’s job report
▼ + stars: | 2024-10-02 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

The best-case scenario for stocks is if Friday's jobs report comes in slightly above consensus, according to JPMorgan. Here are the bank's five scenarios: Above 200,000 jobs added: The S & P 500 trades flat or as much as 0.5% higher. Between 160,000 to 200,000 jobs added: The S & P 500 gains between 1% and 1.5%. Between 140,000 to 160,000 jobs added: The S & P 500 rises by 0.75% to 1.25%. Between 110,000 to 140,000 jobs added: JPMorgan traders see the S & P 500 sliding between 0.5% and 1.5%.

Persons: Jerome Powell, Dow Jones, JPMorgan's, Michael Feroli, nonfarm Organizations: JPMorgan, Investors, Federal Locations: U.S

☆ Recursion gets FDA approval to begin phase 1 trials of AI-discovered cancer treatment
▼ + stars: | 2024-10-02 | by ( Christina Cheddar Berk | In | ) www.cnbc.com time to read: +2 min

AI drug pioneer Recursion Pharmaceuticals said Wednesday that one of its experimental treatments hit a key milestone. The Food and Drug Administration cleared the investigational new drug application for a phase 1/2 clinical trial of an experimental drug candidate known as REC-1245. The company said the potential market for this treatment could be more than 100,000 patients in the U.S. and European Union. The trial will evaluate the safety and tolerability of REC-1245 and will begin in the fourth quarter of this year. "It's the first program that really is leveraging many of these new tools that we've built in one unit."

Persons: Chris Gibson, Gibson Organizations: Pharmaceuticals, CNBC, Drug Administration, Union, REC Locations: U.S

☆ War analysts say the massive Iranian missile attack the US called 'ineffective' likely wasn't just for show
▼ + stars: | 2024-10-02 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

Iran launched a massive ballistic missile strike on Israel yesterday. War analysts suggest the attack was likely intended to overwhelm air defenses and damage specific military targets. AdvertisementIran's strike on Israel on Tuesday with over 180 ballistic missiles was a massive attack, what appears to be the largest single ballistic missile barrage in history. The attack was largely ineffective, US and Israeli officials said, but conflict experts say it wasn't just for show. Despite this, the attack was reportedly largely repelled by Israeli air defenses, as well as assets from the US and its allies and partners.

Persons: —, Hassan Nasrallah, Ismail Haniyeh, HOSSEIN BERIS, ISW, Jake Sullivan, Kamala Harris Organizations: Service, Institute for, Washington DC, Israel Defense Forces, Security Locations: Iran, Israel, Washington, Iranian, Syria

☆ Regional war is effectively here. What Israel does next will be pivotal
▼ + stars: | 2024-10-02 | by ( Mick Krever | ) edition.cnn.com time to read: +6 min

CNN —In the days after Hamas’ October 7 attack on Israel, fears ran high of a regional war. The conflict would not be contained in Gaza, the thinking went – Hezbollah would attack Israel from the north, the Houthis from Yemen, and Iranian proxies from Iraq. Israel would be forced to respond, it would come into direct conflict with Iran, and the wider war would be upon us. A day after Iran launched its largest ever ballistic missile attack on Israel – and as Israeli troops battle Hezbollah fighters on the ground in Lebanon – regional war is effectively here. Now is the time that we can attack, because Iran is fully vulnerable.”Smoke rises following Israel's bombardment in southern Lebanon on Wednesday.

Persons: Israel, Israel –, West Bank –, ”, Fatemeh Mohajerani, Ismail Haniyeh, Maya Alleruzzo, Benjamin Netanyahu, Nasrallah, ” Netanyahu, Hassan Nasrallah, Naftali Bennett, you’ve, ” Bennett, Baz Ratner, “, United States –, Jake Sullivan Organizations: CNN, West Bank, Israeli, Israel, Hamas, “, National Locations: Israel, Gaza, Yemen, Iraq, Iran, Lebanon, Damascus, Iranian, Palestinian, Tehran, Rosh Haayin, Beirut, “, Hezbollah, Syria, Hodeidah, United States

☆ Ukraine: Russians capture strategic town of Vuhledar in yet another blow for Kyiv
▼ + stars: | 2024-10-02 | by ( Clare Sebastian | ) edition.cnn.com time to read: +4 min

CNN —Russia has captured the key eastern Ukrainian town of Vuhledar, ending months of resistance and underscoring the scale of Kyiv’s challenge as it heads into its third wartime winter. While not a transport and logistics hub like Pokrovsk, Vuhledar was heavily fortified and viewed as a crucial bastion at the intersection of Ukraine’s eastern and southern fronts. Just like Avdiivka, another strategic eastern town which fell in February, Vuhledar is a victim, not of Russian strategic prowess, but brute force attrition. For two years Ukraine had put up a formidable defense there, as Russia tried and failed several times to take the town. “It’s painful, Vuhledar or rather those who settled there, drank a lot of blood,” he said.

Persons: Vladimir Putin, Zelensky, Joe Biden, Vuhledar, Boris Rozhin, ”, Voenkor Kotenok, “, Stanislav Buniatov Organizations: CNN, Kremlin, NATO, ABC, International Energy Agency Locations: Russia, Ukrainian, Vuhledar, Pokrovsk, Russian, Donetsk, Ukraine, Kyiv, Kursk, Kharkiv, It’s

☆ Hurricane Helene ravaged our 10-year-old furniture store in Asheville. We lost everything, but we're not walking away.
▼ + stars: | 2024-10-02 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +4 min

Megan and Todd Walsh are the owners of Asheville-based Atomic Furnishing & Design. Hurricane Helene ravaged the 10-year-old business, destroying 95% of the store's inventory. AdvertisementMegan Walsh is the cofounder of Atomic Furnishing & Design, a 10-year-old vintage furniture company located in Asheville, North Carolina, which she owns and operates with her husband, Todd Walsh. This as-told-to essay is based on a transcribed conversation with Megan Walsh, 37, after Hurricane Helene ravaged the couple's business. Courtesy of Atomic Furnishing & DesignIn the meantime, we can't sit still.

Persons: Megan, Todd Walsh, Hurricane Helene, Megan Walsh, —, Todd, we've, It's, Helene, I'd, Walsh, We're Organizations: Service Locations: Asheville, Hurricane, Asheville , North Carolina, Biltmore Village

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