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☆ Chemical toxins from food processing migrate into our bodies, study says
▼ + stars: | 2024-09-16 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +11 min

“The study also shows that food contact materials can contain mutagenic chemicals that harm our DNA, such as heavy metals,” Wagner said. Another chemical group in food packaging that has migrated into people is phthalates, the research revealed. “We’ve got, say, 60 years of research into the migration of chemicals into food from food processing and packaging equipment. “Given that there are (tens) of thousands of food contact chemicals, biomonitoring programs do not have the capacity to test for all chemicals we are potentially exposed to,” Wagner said. “However, there are also important gaps that need to be addressed as we undertake the work to strengthen our food chemical safety activities,” he said.

Persons: ”, Martin Wagner, Wagner, Jane Muncke, ” Muncke, Muncke, “, ” Wagner, “ We’ve, It’s, there’s, Melanie Benesh, you’re, ” Benesh, GRAS, Jim Jones, Benesh Organizations: CNN, Norwegian University of Science, Technology, Food Packaging, Getty, American Chemistry Council, National Institute of Environmental Health Sciences, National Academies of Sciences, Engineering, Medicine, US National Health, Canadian, Korean National Environmental Health Survey, National Health, Environmental, Food and Drug Administration, FDA, US, Committee, Energy Locations: Trondheim, Zurich, Switzerland, phthalates, PFAS, Europe, Biomonitoring California, United States

☆ Amir Dan Rubin: Driven by a mission
▼ + stars: | 2024-09-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAmir Dan Rubin: Driven by a mission"I want to find dramatic ways to make things better." Amir Dan Rubin, Managing Director and Founder of Healthier Capital, shares what ambition means to him.

Persons: Amir Dan Rubin

☆ The strike could cost Boeing more than $1 billion. But that could be the least of its problems
▼ + stars: | 2024-09-16 | by ( Chris Isidore | ) edition.cnn.com time to read: +6 min

How long the strike lasts will determine how serious the problems are for Boeing. Boeing has a long way back to profitability, no matter how long the strike lasts. So as bad as the strike might be for Boeing, it has plenty of other problems to deal with. So even with financial problems that might kill another company, Boeing isn’t going anywhere. The strike could last a whileNegotiations between Boeing, the union and federal mediators are expected to resume early this week.

Persons: Brian West, Boeing’s, Fitch, Moody’s, Poor’s, Richard Aboulafia, ” Aboulafia, ” Jim Bloomer, Max, “, you’ve, ” Organizations: New, New York CNN, Boeing, Federal Aviation Administration, Airbus, CNN Locations: New York, Washington, Renton , Washington

☆ Duff: The Fed's messaging will matter more than a 25 or 50 basis point cut
▼ + stars: | 2024-09-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDuff: The Fed's messaging will matter more than a 25 or 50 basis point cutMimi Duff Managing Director at GenTrust, highlights that the Fed's messaging is more important than the size of the rate cut.

Persons: Duff, Mimi Duff

☆ Dow hits record close as investors anticipate possible rate cut
▼ + stars: | 2024-09-16 | by ( ) 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 EmailDow hits record close as investors anticipate possible rate cutJulian Emanuel, Evercore ISI senior managing director, joins 'Closing Bell Overtime' to talk the day's market action and breaking news out of Intel.

Persons: Julian Emanuel Organizations: Dow, Intel

☆ Pourreza: Domestic manufacturing and grid electrification are driving increased energy demand
▼ + stars: | 2024-09-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPourreza: Domestic manufacturing and grid electrification are driving increased energy demandShahriar Pourreza, Senior Managing Director for the Energy, Power, and Utilities team at Guggenheim, says a rate cut won't significantly impact utilities. He sees a 9% undervaluation due to growing energy demand and picks NextEra as a top renewable energy developer.

Organizations: Energy, Power, Utilities, Guggenheim

☆ Big retailers are fighting for consumers on food inflation, says Telsey's Joe Feldman
▼ + stars: | 2024-09-16 | by ( ) 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 EmailBig retailers are fighting for consumers on food inflation, says Telsey's Joe FeldmanJoe Feldman, Telsey Advisory Group senior managing director, joins 'Power Lunch' to discuss food inflation, how larger retailers are pushing back, and more.

Persons: Telsey's Joe Feldman Joe Feldman Organizations: Telsey, Group

☆ Amir Dan Rubin: Better human health, better outcomes
▼ + stars: | 2024-09-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAmir Dan Rubin: Better human health, better outcomes"To me, ambition means being driven by a mission." Amir Dan Rubin, Managing Director and Founder of Healthier Capital, shares what ambition means to him and the need to find innovative ways to improve healthcare outcomes across the U.S.

Persons: Amir Dan Rubin Locations: U.S

☆ Why finding a job is so awful right now
▼ + stars: | 2024-09-15 | by ( Tim Paradis | ) www.businessinsider.com time to read: +9 min

I'm still unemployed," Jolles told Business Insider. AdvertisementIn any case, Jolles, who describes himself as an "older" tech worker, felt depleted by the job search in California. Averett believed the position wasn't a good fit for her, but she also knew from her experience in HR how tough a job search could be. As someone who works in HR, she gets what it's like to be inundated with applications from job seekers like her. Given how fruitless his job search has been, Cash plans to soon give it up.

Persons: —, David Jolles, I'm, Jolles, It's, Nick Bunker, Bunker, Jason Henninger, Heller, bupkis, Jenitta Averett, Averett, she's, — Averett, it's, Kevin Cash, he'd, Cash, Uber, he's, I've, Kevin Cash Ben Boxer Cash's Organizations: Service, Business, UPS, LinkedIn, Navy Locations: Silicon Valley, It's, Atlanta, America, Georgia, California, Covid, Hampton , Virginia, Portland , Oregon

☆ Here's why Americans are going back to Chili's
▼ + stars: | 2024-09-14 | by ( Ryan Baker | ) www.cnbc.com time to read: +1 min

"Our marketing team has done a great job of getting back into what we call the zeitgeist or being relevant again," Kevin Hochman, CEO of Chili's parent Brinker International , told CNBC. A viral social media presence and a push toward value-oriented advertising have propelled sales growth every quarter of fiscal 2024. The brand grew rapidly in the early 2000s, but in the decade that followed the Great Recession, Chili's U.S. locations declined and sales growth flattened. It made Chili's fun again," said Joe Wilson, managing partner of a Chili's in East Rutherford, New Jersey. Watch the video to learn more about how Chili's made a comeback.

Persons: Kevin Hochman, David Palmer, Brinker, We've, Joe Wilson, Chili's Organizations: Brinker International, CNBC, Evercore ISI Locations: U.S, East Rutherford , New Jersey

☆ What this Boeing strike is really all about
▼ + stars: | 2024-09-14 | by ( Allison Morrow | Chris Isidore | ) edition.cnn.com time to read: +6 min

New York CNN —At the heart of the Boeing strike that began Friday is a story about what happens when penny-pinching executives lose the plot and it falls to workers to get everyone back on track. If Boeing were any other business — and not a too-big-fail half of a global duopoly — it almost certainly would have declared bankruptcy. Years of pent-up resentment over Boeing’s mismanagement, combined with pandemic-era inflation and a resurgent labor movement, made this strike inevitable. Ahead of the strike, Ortberg urged workers not to strike while acknowledging their anger over nearly two decades of past contracts that downsized their retirement and health care benefits. Almost exactly one year ago, the United Auto Workers union won historic guarantees from the Big Three automakers after a seven-week strike.

Persons: —, ”, Richard Aboulafia, James McNerney, Aboulafia, Kelly Ortberg, missteps, Ortberg, Jon Holden, “, — who’ve, Dave Calhoun’s, Holden, haven’t, ” Holden, Sharon Block Organizations: New, New York CNN, Boeing, SpaceX, International Association of Machinists, United Auto Workers, Big, UAW, hardball, Harvard Law School’s Center for Labor Locations: New York, January’s, Renton , Washington, Seattle, Virginia, South Carolina, Washington, United States

☆ 'Real heavy lifting' of Japan's corporate governance reforms has yet to come: Fund manager
▼ + stars: | 2024-09-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Real heavy lifting' of Japan's corporate governance reforms has yet to come: Fund managerZuhair Khan, managing director and senior fund manager at Swiss private bank UBP Investments, says that also applies to the benefits to shareholders.

Persons: Zuhair Khan Organizations: UBP Investments Locations: Swiss

☆ Shein and Temu prices are set to get a lot higher as Biden takes aim at retailers linked to China
▼ + stars: | 2024-09-13 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +2 min

The committee made the estimate after launching investigations into Shein and Temu more than a year ago. "If the de minimis exemption is removed, then the cost of products from marketplaces like Shein and Temu will rise. They will still be cheap marketplaces but they won't have quite the competitive edge on price that they do now," Saunders told CNBC in an email. On Friday morning, the Biden administration announced plans to bar overseas shipments of products that are subject to U.S.-China tariffs from being eligible for the de minimis exemption. Both Shein and Temu declined to tell CNBC if they will raise prices due the proposed changes.

Persons: Biden, Neil Saunders, GlobalData, Saunders, that's, Shein Organizations: Republican, Chinese Communist Party, CNBC, CCP, U.S . Customs Locations: U.S, China, United States

☆ Auto industry 'past the point of no return' on the path to full electrification, advisory firm says
▼ + stars: | 2024-09-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAuto industry 'past the point of no return' on the path to full electrification, advisory firm saysChristian Kames, managing director of Lazard, a financial advisory firm, discusses the state of play in the autos industry amid a series of challenges in the transition to electric vehicles.

Persons: Christian Kames, Lazard

☆ This 32-year-old cashed out on over $2 million in startup equity—here are five tips on how to negotiate for more shares
▼ + stars: | 2024-09-13 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +6 min

Over the course of about 10 years at the company, Vashi worked his way up from an entry-level consultant role to vice president. It all paid off in June 2022, when Anaplan was acquired by private equity company Thoma Bravo at a roughly $10.4 billion valuation. Here are five tips on how to negotiate for more equity at work, according to Vashi:1. "The best way to secure equity compensation is to make yourself extremely important to the company," he said. When it comes to employees, it is "all based on [their] contributions, either actual contributions or expected contributions," Vashi said.

Persons: Bhavik Vashi, Vashi, Anaplan, Thoma, they've Organizations: University of California, CNBC, Thoma Bravo, Asia Pacific, Carta, Employees Locations: Valley, Berkeley, Silicon Valley, Middle East

☆ The US drinking age law could be a model for fixing the housing crisis
▼ + stars: | 2024-09-13 | by ( Eliza Relman | ) www.businessinsider.com time to read: +5 min

So, they tend to use federal funding to reward housing policies they like. One example of the kind of bold federal law that some point to as a model has nothing to do with housing. In a recent op-ed in the New York Times, Harvard economist Edward Glaeser argued that the next administration should implement a housing construction law that follows the model of the Drinking Age Act. Metcalf, who also pointed to the drinking age law as a model for a housing mandate, conceded that the politics of it would be tricky. "The key question would be whether Congress has overstepped the blurry line between inducement and coercion," Hemel told Business Insider.

Persons: —, Ronald Reagan, Edward Glaeser, Glaeser, Ben Metcalf, Kamala Harris's, Metcalf, Daniel Hemel Organizations: Service, Business, Republican, New York Times, Harvard, Terner Center, Housing Innovation, UC Berkeley, Democratic, New York University, Hemel Locations: Washington

☆ Apple and Dell are two names you want to own, says Evercore ISI's Amit Daryanani
▼ + stars: | 2024-09-13 | by ( ) 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 EmailApple and Dell are two names you want to own, says Evercore ISI's Amit DaryananiAmit Daryanani, Evercore ISI senior managing director, joins 'Power Lunch' to discuss shift in consumer electronics and how inflation impacted the sector.

Persons: Evercore ISI's Amit Daryanani Amit Daryanani Organizations: Apple, Dell

☆ Homeowners may be 'overconfident in their retirement readiness,’ economist says. Here’s why
▼ + stars: | 2024-09-12 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +1 min

Owning a home makes some people feel more confident about their prospects for retirement — but that may be misguided, some experts say. Of those who said they were ahead or on schedule, 42% cite an early start in retirement savings helped them get ahead. The survey polled 6,657 adults, including 2,603 retired adults and 4,054 adult workers, in August. "Homeowners are actually more likely to be overconfident in their retirement readiness," Chen said. "There's a lot of misconception in terms of how people assess whether they are ahead or not in retirement."

Persons: SurveyMonkey, Angie Chen, Chen, Winnie Sun Organizations: Finance, Center for Retirement Research, Boston College, Homeowners, Sun Group Wealth Partners Locations: Irvine , California

☆ 'Nothing is going to change.' Why Wall Street insiders are casting doubt on new policies to protect junior investment bankers from burnout.
▼ + stars: | 2024-09-12 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +8 min

Two of Wall Street's biggest banks are adopting new policies to mitigate overwork and burnout for their junior investment bankers. Bank of America will use a new tool to better track working hours for junior bankers, the Journal report said, and flag HR when those go above 80. But the nature of investment banking work makes it hard to believe that such guardrails will stand the test of time. He completed an internship at an investment bank in New York last summer and accepted a return offer to start full time in 2025. If senior banking staff don't unilaterally enforce the cap and take it seriously, junior bankers can feel pressure to let the rules slide for the sake of the team and their own careers.

Persons: Leo Lukenas III, Lukenas, Jamie Dimon, JPMorgan Chase, we've, they're, Moritz Erhardt, —, We've Organizations: Service, Industry, JPMorgan, Street, Bank of America, Business, Bank of, Green Beret, of America Locations: New York, London

☆ An around-the-world cruise that's stuck at port is kicking off passengers who complain
▼ + stars: | 2024-09-12 | by ( Brittany Chang | ) www.businessinsider.com time to read: +8 min

Unfortunately, she was kicked out before she could fulfill her world cruise aspirations. "They didn't just complain, they outright threatened with media unless they get what they want," Mikael Petterson, the founder and CEO of Villa Vie, told BI in an email. "That's how much I had wanted a world cruise." But she was kicked off before Villa Vie Odyssey could set sailOther buyers have begun moving onto the residential cruise ship. So far, Villa Vie has repaid her almost $8,000, with another about $7,400 still pending — still a few thousand short of her $18,600.

Persons: —, Jenny Phenix, — Phenix, Bonny Kelter, Mikael Petterson, Vie, Kelter, Villa Vie, Bonny, Petterson, Phenix, Villa, she's, aren't, Fred Olsen Cruise, Fred Olsen's, Angela, Stephen Theriac, Kathy Villalba, Stephen Theriac Petterson, hasn't Organizations: Service, Business, Residences, Sea Cruises, Villa Vie, Villa, Fred Olsen Cruise Lines, Norwegian Cruise, Security Locations: Europe, Asia, Australia, South, North America, Africa, Palm Beach , Florida, Braemar, Norwegian, Florida

☆ There's a lot of supply and little demand for housing furnishing, says Loop's Anthony Chukumba
▼ + stars: | 2024-09-12 | by ( ) 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 EmailThere's a lot of supply and little demand for housing furnishing, says Loop's Anthony ChukumbaAnthony Chukumba, Loop Capital Markets managing director, joins 'Power Lunch' to discuss home furnishing stocks performance in the housing market.

Persons: Loop's Anthony Chukumba Anthony Chukumba Organizations: Capital Markets

☆ A tech leader at Accenture shares how AI and cloud tools in the public sector can evolve with regulation: 'It's still the Wild West'
▼ + stars: | 2024-09-12 | by ( Matthew S. Smith | ) www.businessinsider.com time to read: +9 min

Greiner opened up about the evolution of cloud technology and generative AI in the public sector. What's the current demand for AI, particularly generative AI, in the public sector? Cloud went through a similar process, and I think lessons were learned that are now applied to generative AI. Can you provide examples of how generative AI is deployed in the public sector? Are general attitudes toward generative AI receptive or cautious in the public sector?

Persons: Tom Greiner, Accenture's, Greiner, —, we've, they've, there's, We've, Cloud, it's Organizations: Service, Accenture, Department of Homeland Security, Business, Data, National Institute of Standards, Technology, It's, NIST, Excellence, District of Columbia Department of Health, Amazon Web Locations: Europe, United States, Germany

☆ High price of Sony's new PlayStation 5 Pro could make it a 'difficult sell,' says Jefferies
▼ + stars: | 2024-09-11 | by ( ) 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 EmailHigh price of Sony's new PlayStation 5 Pro could make it a 'difficult sell,' says JefferiesAtul Goyal, managing director at Jefferies, discusses the high price of Sony's new PlayStation 5 Pro.

Persons: Jefferies Atul Goyal Organizations: Jefferies

☆ JD Vance's Wall Street allies raise millions for the Trump campaign
▼ + stars: | 2024-09-11 | by ( Brian Schwartz | ) www.cnbc.com time to read: +7 min

Wall Street relationshipsOne of Vance's earliest interactions with Wall Street came shortly after the November 2016 presidential election, when he headlined a lunch in New York to discuss his newly published memoir. John Underwood, a longtime managing director at Goldman Sachs, encouraged his allies to support and raise money for Vance's Senate campaign, according to people familiar with the matter. He told them the Trump campaign would need "hundreds of millions of dollars" to compete with Vice President Kamala Harris' fundraising surge. The Ohio Republican's opposition to Wall Street was on full display during the Republican National Convention in Milwaukee in July. "Wall Street barons crashed the economy and American builders went out of business," Vance said in his nomination acceptance speech.

Persons: Vance, Marco Bello, Sen, JD Vance, Donald Trump's, Scott Bessent, Morgan Stanley's Jonathan Burkan, Cantor Fitzgerald, Howard Lutnick, Norm Champ, Keith Rabois, Jacob Helberg, J.D, Champ, Sander Gerber, Gerber, Goldman Sachs, Ohio Republican Sen, Rob Portman, John Underwood, Underwood, Steve Case, Trump, Omeed Malik, Emil Henry, Henry, Bush, Ted Virtue, Woody Johnson, Clifford Sobel, Richard Kurtz, Kamala Harris, Harris, Malik, John Paulson, Reuben Jeffery III Organizations: Republican U.S, Reuters, Ohio, Trump, Vance, Securities and Exchange Commission, CNBC, Hudson, Hudson Bay Capital, Netflix, Allen & Company, Ohio Republican, Senate, AOL, Tiger Infrastructure Partners, New York Jets, Hamptons, Valor Capital, Rockefeller & Co, Wall, Republican National Convention Locations: Kenosha, Kenosha , Wisconsin, U.S, New York City, Hudson Bay, New York, Ohio, Sun Valley , Idaho, Washington, Milwaukee

☆ From the far right to fiscal challenges, France could lurch from one crisis to another
▼ + stars: | 2024-09-11 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +6 min

France's challenges are far from over, however, with the country facing acute fiscal challenges and an ongoing threat posed by the far-right National Rally opposition, led by Jordan Bardella and Marine Le Pen. France this week asked the Commission to extend its deadline of Sept. 20 to submit debt reduction proposals. Analysts say Barnier's political survival therefore "depends on the whims and personal-political calculations of Le Pen." "The great unknown ... is how far Le Pen will be willing to address the most immediate crisis facing Barnier and the country: the painful choices needed to prevent France from plunging into a destructive fiscal crisis by the end of this year," he said. Marine Le Pen and Jordan Bardella at the final rally before the June 9 European Parliament election, held at Le Dôme de Paris - Palais des Sports, on June 2, 2024.

Persons: La France Insoumise, Remon Haazen, Emmanuel Macron's, Michel Barnier, Jordan Bardella, Pen, Barnier's, Gabriel Attal, Sarah Meyssonnier, Reuters Barnier's, Macron —, Le, Mujtaba Rahman, France's, Eurasia Group's Rahman, Le Pen's Organizations: Republique, La, Getty, Getty Images, Veteran, National Assembly, European, France's, Reuters, New, National, Eurasia Group, Le, Palais des Sports, Nurphoto Locations: La France, Paris, France, Europe, Eurasia

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