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Adding impetus to their effort is the fact Israeli military strikes are now hitting UN peacekeeping bases in southern Lebanon, which house European troops. European reproach of Israel reached new levels when Israeli military strikes began hitting posts of the UN peacekeeping mission in southern Lebanon. The UN has said Israel’s military has fired on its peacekeepers multiple times in recent weeks, injuring more than a dozen. ‘We have blocked everything’Italy’s Prime Minister Giorgia Meloni also condemned Israel’s actions in Lebanon, including an Israeli military strike that hit a UN peacekeeping base where around 1,100 Italian troops are stationed. In an earlier move that protested Israel’s war in Gaza, Spain, Ireland and Norway formally recognized Palestinian statehood in May.
Persons: CNN —, Benjamin Netanyahu, , ” Hugh Lovatt, Josep Borrell, Ali Moustafa, ” Lovatt, , Biden, It’s, ” Borrell, Lovatt, Israel, Maya Sion, Netanyahu, António Guterres, Emmanuel Macron, “ Netanyahu, Macron, Carl Court, ” Macron, ” Netanyahu, Borrell, Guterres, Giorgia Meloni, ” Meloni, Meloni, Tzidkiyahu, Keir Starmer, of National Security Itamar Ben, Bezalel Smotrich, David Cameron, Ben Gvir, Smotrich, ” Ben Gvir’s, Chancellor Olaf Scholz, Israel “ Organizations: CNN, UN, EU, North Africa, Foreign Relations, Hamas, European Union, Red Crescent, Reuters, UNIFIL, Europe, Agence France, Presse, United Nations Interim Force, AFP, Israel, UK, Stockholm International Peace Research Institute, Foreign Affairs Council, Getty, of National Security, Finance, Sky News, DPA, Nazi Locations: CNN — Israel, Gaza, Lebanon, Israel, East, Berlin, Rafah, Egypt, United States, , Iran, Spain, Ireland, Italy, France, Tzidkiyahu, Jerusalem, Paris, AFP, Marjayoun, Vichy, Stockholm, Germany, United Kingdom, Irish, Sion, Norway, Britain, Lebanese, Khiam, Palestine
Employers might not ask if you have a degree, but many still care, a labor market expert told BI. AdvertisementDeming said many employers look upon a worker with a four-year degree as an investment — one that can be molded into what the firm wants. "What people are looking for, because it's the easiest and laziest filter, is a four-year degree from a 'good school,'" he said. "He's been the finalist for five different positions where they said, 'You're actually the best candidate we interviewed, but we require a four-year degree,'" Hyams said. Often, that might mean a four-year degree.
Persons: , Ranji McMillan, that's, McMillan, She's, what's, McMillan David Deming, Deming, Mona Mourshed, Mourshed, Chris Hyams, Hyams, He's, Forsa, Gartner, Jon Lester, Lester, they've Organizations: Service, Ranji, McMillan, Harvard's Kennedy School, Glass, Harvard Business School, Census, McKinsey & Company, Boston Consulting Group, Employers, Workers, US Department of, Georgetown University Center, Education, Savvas Learning Company, IBM, BI, Research, McKinsey Locations: Northridge, Los Angeles, America
That’s because cocoa prices have more than doubled since the start of the year and have remained at record highs, according to Wells Fargo data shared with CNN. The surging prices have caused grief for confectioners during prime chocolate sales seasons like Valentine’s Day and Easter. The company’s president, Michele Buck, said in a call in August with analysts that cocoa prices are “not sustainable,” and pointed toward higher prices. Though hope is on the horizon, experts project cocoa prices will remain high until at least September 2025. A customer shops for Halloween candy at a Walmart Supercenter on October 16, 2024 in Austin, Texas.
Persons: it’s, , David Branch, Francis Kokoroko, Reuters El, Michele Buck, Hershey, Joseph , Missouri Nick Ingram, Sally Lyons Wyatt, Mars, Brandon Bell, ” Lyons Wyatt Organizations: CNN, Wells, Food Institute, Reuters, International Cocoa Organization, Hershey, Walmart, Getty, ’ Association, NCA, Locations: Wells Fargo, West Africa, Osino, Eastern Region, Ghana, St, Joseph , Missouri, Austin , Texas
For more on the US Senate race in Michigan, watch CNN’s “Inside Politics Sunday with Manu Raju” this Sunday at 8 a.m. The former Republican congressman blamed then-President Donald Trump’s “chaotic leadership style” for costing his party two critical Senate seats in Georgia. He said that “the spell” around Trump had been broken by the US Capitol attack, which, he said, Trump’s actions “clearly” provoked. “Well, you’re damn right you had responsibility for this,” Rogers said of Trump on January 12, 2021. A fraying Democratic coalitionAs both sides see the race as a deadheat, the Senate Leadership Fund, a super PAC linked to Senate GOP Leader Mitch McConnell, is dropping a staggering $27 million in the final six weeks of the campaign.
Persons: Manu Raju ”, Mike Rogers, Donald Trump’s, Trump, , Rogers, ” Rogers, Elissa Slotkin, Donald Trump, “ We’re, , Slotkin, ” Slotkin, Mitch McConnell, we’ve, “ I’ve, Spencer Platt, “ Slotkin, Osama Siblani, for, we’re, “ Kamala Harris, Alicia Smith, Chuck Stokes, Carolyn Clifford, Mandi, what’s, ” Trump, Harris, We’re, ‘ I’m, ” CNN’s Haley Talbot, David Wright, Max Rego Organizations: Senate, Warren , Michigan CNN, Republican, Democratic, Rogers, Trump, CNN, Republicans, GOP, , Fund, , Political, American Political, Future Coalition PAC, WXYZ, Detroit Free Press, USA, Michigan Locations: Michigan, Warren , Michigan, Georgia, Detroit, Macomb County, Gaza, AdImpact, Michigan –, stoke, Southfield , Michigan, Mandi Wright,
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"Make Bitcoin Great Again" hats displayed for sale at the Bitcoin 2024 conference in Nashville, Tennessee, US, on Saturday, July 27, 2024. With the 2024 election hitting its homestretch, the leading pro-crypto super PAC has funneled a big chunk of its final donations to close House races as part of an effort to push candidates favorable to the group's agenda over the top. Of that sum, $20 million went to two affiliated PACs — $15 million to the Defend American Jobs PAC, a single-issue committee focused on cryptocurrency and blockchain policy that's favored Republicans, and $5 million to Protect Progress, which has only supported Democrats. Of the House donations, $6.2 million went to Democratic candidates and $2.3 million to Republicans. Crypto groups have spent over $130 million in congressional races for this year's election, including the primaries, according to FEC data.
Persons: Trump, that's, Fairshake, James Delmore, Southern California Republicans David G, Valadao, Michael Garcia, They've, Delmore, Patrick Ryan, Steven Horsford, Angela Dawn Craig, Derek Yoo, Katie Porter Organizations: US, , American Jobs PAC, Republicans, CNBC, Southern, Southern California Republicans, Democratic, Progress, Senate, Public Citizen, SEC, Moonsong, California Senate, Fairshake's, Crypto Locations: Nashville , Tennessee, New York , Nevada, California, Southern California, Illinois , Colorado , Oregon , Iowa, Arkansas, Arizona, Michigan, Utah
CNN —Vice President Kamala Harris turns 60 on Sunday – and, her campaign wants voters to know, that makes her 18 years younger than Donald Trump. Harris’ campaign is increasingly questioning the former president’s mental and physical fitness in the final weeks of the 2024 presidential race. “He’s becoming increasingly unstable and unhinged, and it requires that response,” Harris told reporters Saturday in Detroit. Top Harris allies have also leaned into the strategy of casting Trump as old and mentally unfit in recent days. “He’s talking about Hannibal Lecter, he’s talking about this, he’s talking about that.”Trump, at times, seems to tie migrants who seek asylum in the United States to the character of Lecter being detained at an insane asylum.
Persons: Kamala Harris, Donald Trump, Harris, “ He’s, ” Harris, , Joe Biden, Biden –, Trump, , Harris ’, Trump’s, David Plouffe, CNN’s Dana Bash, “ I’ve, that’s, he’s, Tim Walz, ” Walz, Barack Obama, loonier Donald Trump, ” Obama, Hannibal Lecter, ” Trump, Lecter, hasn’t, Obama, grandpa, Veronica Stracqualursi, Aaron Pellish, Ebony Davis, Andrew Millman, Betsy Klein Organizations: CNN, Trump, Fox News, NBC News, Politico, Minnesota Gov, Lambs, Capitol Locations: Detroit, Grand Rapids , Michigan, United States, Pittsburgh, Arizona, Tucson, Mexico
“We want to try to get over a million, maybe 2 million voters in the battleground states to sign the petition in support of the First and Second Amendment. … We are going to be awarding $1 million randomly to people who have signed the petition, every day, from now until the election,” Musk said at a campaign event in Harrisburg, Pennsylvania. “This is a one-time ask,” Musk told the crowd shortly after announcing the $1 million prize. “When you start limiting prizes or giveaways to only registered voters or only people who have voted, that’s where bribery concerns arise,” said Derek Muller, an election law expert who teaches at Notre Dame Law School. Regardless of the long odds of a Musk prosecution, other respected election law experts strongly condemned the billionaire’s behavior.
Persons: Donald Trump, Elon Musk, ” Musk, , , Trump, Josh Shapiro, ” Shapiro, Derek Muller, Muller, David Becker, Becker, ” Becker, Rick Hasen, Jocelyn Benson Organizations: Washington CNN, Trump, PAC, Press, , Democrat, Notre Dame Law School, CNN, Justice Department, Election Innovation, Research, , UCLA School of Law, Democratic Locations: Harrisburg , Pennsylvania, Pennsylvania , Georgia, Nevada , Arizona , Michigan, Wisconsin, North Carolina, Pennsylvania, Harrisburg, Pittsburgh, ” Pennsylvania, Michigan
NEW YORK — At long last, the New York Liberty are WNBA champions. Sunday’s Game 5 between the Liberty and Minnesota Lynx was far from New York’s most aesthetically pleasing game of the season, but style points aren’t awarded in winner-take-all affairs. But Stewart avenged the pair of free throws she split in the waning seconds of Game 1 to send Game 5 into overtime. THE NEW YORK LIBERTY HAVE THEIR HARDWARE 🏆 pic.twitter.com/WGZgqsp68A — WNBA (@WNBA) October 21, 2024Sunday’s championship is the culmination of a plan years in the making. That winter, general manager Jonathan Kolb had targeted three All-Star players he hoped to add to the Liberty’s roster: Stewart, Jones and Courtney Vandersloot.
Persons: Sabrina Ionescu, Jonquel Jones, Breanna Stewart, Sabally, Ionescu, Stewart, Sandy Brondello, Jones, Leonie Fiebich, Minnesota wouldn’t, Napheesa Collier, Fiebich, , egan, lara, ines, rena, dore, rade, ake, oster, hough, ince, alf, VP., herman Organizations: New York Liberty, Liberty and Minnesota Lynx, Liberty, WNBA, New York, Barclays Center, Lynx, ust, eads Locations: New, York, New York, Minnesota
Former President Donald Trump and Vice President Kamala Harris. Getty ImagesVice President Kamala Harris and former President Donald Trump will be in battleground states on Saturday. After that, she will travel to Atlanta, Georgia, for a campaign rally where she will encourage Georgians to early vote. Donald Trump will hold a rally in Latrobe, Pennsylvania, on Saturday. President Barack Obama will travel to Las Vegas, Nevada, to hold a campaign rally on behalf of the Harris-Walz campaign.
Persons: Donald Trump, Kamala Harris, Harris, Walz, Barack Obama, Bill Clinton, ” Clinton, surrogates —, Organizations: Getty Locations: Detroit, Atlanta , Georgia, Latrobe , Pennsylvania, Las Vegas , Nevada, North Carolina
LONDON — King Charles III has expressed “deep love and affection” for Australia, a former part of the British Empire. Charles, 75, is Britain’s first reigning monarch to visit Australia in 13 years. The royal visit to Australia includes a Monday reception at Parliament House in Canberra, the capital, where the king will meet with Albanese. King Charles and Queen Camilla are greeted upon their arrival at Sydney International Airport on Friday. King Charles is projected on the Sydney Opera House ahead of his official visit on Friday.
Persons: Charles III, , Charles, Queen Camilla, Queen Elizabeth II, Charles ’, Anthony Albanese, Albanese, King Charles, Saeed Khan, Queensland Premier Steven Miles, Western Australia Premier Roger Cook, South Australia Premier Peter Malinauskas, Chris Minns, Jeremy Rockliff, Bev McArthur, , , ” Nathan Hansford, Nathan Ross, Queen Camilla “, ” Charles, Daisy McAndrew, David Gray, Eric Abetz, ” McArthur Organizations: Commonwealth, House, Tasmania —, Sydney International Airport, Getty, Queensland Premier, Western Australia Premier, South Australia Premier, New South Wales, Tasmania, Australian Monarchist League, Australian Republic Movement, ARM, NBC News, Sydney Opera House, Sydney Opera Locations: Australia, British, Sydney, Samoa, Britain, Canada, Canberra, South Wales, Victoria, Queensland, Western Australia, South Australia, Tasmania, AFP, New, U.S, Commonwealth, Tasmanian, Caribbean, Barbados
In the House, two Republican congressmen are aiming to fend off a pair of Democratic former state legislators. Seven-term GOP Rep. David Schweikert is seeking to hang on against Amish Shah, a doctor, in the blue-trending Phoenix suburbs after winning by less than 1 point in 2022. And in the Tucson area, freshman Republican Rep. Juan Ciscomani is facing a rematch against Kirsten Engel after previously winning by under 2 points. Arizona’s two highly competitive House racesBoth of these House races are rated as “toss-ups” by the nonpartisan Cook Political Report With Amy Walter. “All four have distinct personalities,” said a Democratic operative working on House races, who spoke candidly on the condition of anonymity.
Persons: Mesa Mayor John Giles, Kamala Harris, Kari Lake, Donald Trump acolyte, Ruben Gallego, , Donald Trump, ” Giles, hasn’t, David Schweikert, Shah, Juan Ciscomani, Kirsten Engel, Amy Walter, , Lake, “ Arizonans, Ciscomani, Blake Masters, Gallego, ” “, Trump, Lake’s, Don, Bacon, Dan Conston, Harris, Sen, John McCain, “ I’ve, I’m, ” Roberta Voss, Eli Crane, Crane, Jonathan Nez, Kevin McCarthy midsession, McCarthy, Marson Organizations: Mesa Mayor, Republican, Democratic, Senate, GOP, Trump, Nebraska Rep, Congressional, Fund, NBC News, Social Security, Navajo Nation, ” Arizona Republican, American Locations: Arizona, Phoenix, Tucson, Omaha, Navajo, ” Arizona
Tech billionaire Elon Musk said Friday that all voting should be “in person,” contradicting his own history of voting by mail and the efforts of his pro-Trump super PAC to get others to vote by mail, too. His super PAC, America PAC, is also promoting mail-in and absentee ballots this year. In mailers and on a website that links to absentee ballot request forms, the super PAC calls absentee voting a secure way for people to support Trump in the Nov. 5 election. Musk has given the super PAC nearly $75 million. But Musk’s opposition to mail-in and absentee voting is longstanding, and he has repeatedly declined to resolve his stated opposition with his own practice.
Persons: Elon Musk, Musk, Donald Trump, ” Musk, Musk’s, , X, Scott Presler Organizations: Tech, Trump, PAC, Voting, Dominion, SpaceX, NBC News, America PAC, U.S, Capitol, FBI Locations: Oaks , Pennsylvania, United States, California, Georgia, American, Pennsylvania, Harrisburg, , Iran
Economist David Rosenberg warns the stock market is in a "mega-bubble." The S&P 500 continues to register new highs and has climbed an incredible 23% so far this year. For investor positioning, here's household equity ownership as a percentage of assets as of the start of this year. Related storiesBy Rosenberg's measure, the S&P 500 is at least 25% higher than where fundamentals suggest it should be. AdvertisementSince then, the S&P 500 has risen to 5,864.
Persons: David Rosenberg, Rosenberg, , That's, it's, J.P, Morgan Organizations: Service, Rosenberg Research, Federal Reserve
David Harbour says the "Stranger Things" cast cried during the finale table read. "Stranger Things" is currently in production on its fifth and final season. Harbour says he can be critical of the show — but that the final episode managed to "land the plane." AdvertisementDavid Harbour says that he can be one of "Stranger Things'" biggest critics — but in his book, the series finale is good. AdvertisementDavid Harbour and Millie Bobby Brown as Hopper and Eleven in "Stranger Things" season four.
Persons: David Harbour, , Josh Horowitz's, David, Millie Bobby Brown, Hopper, it'll, Noah Schnapp, Schnapp, Finn Wolfhard, Caleb McLaughlin, Gaten Matarazzo Organizations: Service, New York Comic Con, Harbour, Netflix
US stocks usually fall in autumn. "The amount of warning you often get between the peak happening and a pretty significant downturn is pretty limited, right? "What usually happens in an election year is, November and December are pretty bullish for stocks," Keller said. The veteran strategist also talked about what he's half-jokingly calling "Dave's election-proof portfolio" of investments. AdvertisementBelow are Keller's best ideas for either a Trump or Harris win, plus five investments that should be fine either way.
Persons: Stocks, David Keller, , hasn't, Keller, shouldn't, Harris, Whoever's, he's, Donald Trump, Kamala Harris Organizations: Service, Sierra Alpha Research, Trump
Investors worried about a market correction should adjust their portfolios, David Rosenberg says. The top economist has warned stocks are in a bubble and at risk of a major decline. Investors need to exercise caution and avoid following the "herd mentality," Rosenberg said, pointing to the fervor for mega-cap tech stocks. Instead, he said, investors should focus on stocks with strong business models, strong growth, and good prices, and add some "insurance" to their portfolios. Most forecasters on Wall Street still expect a strong performance from equities into year-end and 2025.
Persons: David Rosenberg, , who's, he's, Chuck Prince, Rosenberg, REITs, Goldman Sachs Organizations: Service, Rosenberg Research, Utilities, Aerospace, UBS, BMO, Deutsche Bank Locations:
CNN —The New York Yankees are just one victory away from reaching the franchise’s first World Series since 2009. Cleveland Guardians' Steven Kwan runs the bases against the New York Yankees. Fans at Progressive Field watching the Cleveland Guardians game against the New York Yankees on Friday. Nick Cammett/Getty ImagesAfter the game, Cleveland manager Stephen Vogt was asked about the team’s mindset ahead of a must-win game on Saturday. After the game, Yankees slugger Giancarlo Stanton said the team was still focused on the task at hand.
Persons: Juan Soto, Giancarlo Stanton, Emmanuel Clase, Clase, ” Stanton, David Dermer, Gleyber Torres, Soto, Cleveland, Austin Wells, Josh Naylor, Steven Kwan, Aaron Judge, Jazz Chisolm, Stanton, Jason Miller, Brayan Rocchio, Kwan, Jake Cousins, Aaron Boone, Clay Holmes, Holmes, David Fry, José Ramírez, Naylor, Fry, Mark Leiter Jr, Anthony Rizzo, Bo Naylor, Tommy Kahnle, Nick Cammett, Stephen Vogt, That’s, ” Vogt, don’t, , , Organizations: CNN, The New York Yankees, Yanks, Cleveland Guardians, American League, Yankees, ” New York Yankees, USA, Sports, Reuters, Jazz, Progressive, New York Yankees, Cleveland, AL Locations: , New York, Cleveland
A few possessions later, Tennessee sealed the win with a Will Brooks interception of Jalen Milroe with 1:24 to play. Though the Tide won last year in Tuscaloosa, Saturday marked Tennessee’s second consecutive win against Alabama at Neyland Stadium, something that hadn’t happened since 2004 and 2006. The Vols jumped to 56 percent after the win, and the Tide fell to 53 percent, according to The Athletic’s Austin Mock. A loss to Tennessee coupled with the loss to Vanderbilt and a lackluster win against South Carolina puts Alabama in a simple but challenging position: win out or bust. Four Tennessee drives reached Alabama territory in the first half Saturday, but the Volunteers failed to score on any of them.
Persons: Kennington Smith, Joe Rexrode, David Ubben, Crimson, Kalen DeBoer, Nico Iamaleava, Chris Brazzell II, Will Brooks, NICO, A. Organizations: Tennessee, rival’s College Locations: David Ubben KNOXVILLE, Tenn, , Alabama, , Tennessee, Tennessee, 7 y
In August, LGBTQ rights were unmentioned in GOP broadcast TV ads; in September, they accounted for just 7.5%, or about $7 million in total broadcast spending. Crime ranked second, drawing about 55% of Republican broadcast ad dollars. In September, both issues still ranked among the top five, with crime the leading issue, though ad spending on immigration was down to 35%, and crime to 44%. Pro-Harris campaign adsHarris and her allies have also made some strategic adjustments to the content of their broadcast TV advertising. In August, taxation ranked as the fifth issue for Democrats in their broadcast TV advertising, accounting for about a quarter of presidential spending.
Persons: Donald Trump, Kamala Harris, Harris, , , Trump Organizations: CNN, Trump, Republican, GOP, Democratic, Biden
If Netanyahu is feeling that pressure, that wasn't evident from his comments on Friday. International insistence that the Israeli government ease the suffering in Gaza had already intensified in the weeks before Sinwar was killed. Domestically, that may be more of a complex dance for Netanyahu, who heads a still-fragile coalition comprised of many of Israel’s most hawkish lawmakers. Until then, we will intensify military pressure,” Finance Minister Bezalel Smotrich — whom both major U.K. political parties have considered sanctioning this year — said in a post on X. Before Hamas' attack, Netanyahu was scrambling to keep onside the disparate right-wing and religious parties in his fractious ruling coalition while facing huge protests against him.
Persons: Netanyahu, , , Sinwar, Joe Biden, ” Biden, Bezalel Smotrich —, Organizations: U.S, Locations: Iran, Gaza, Lebanon, Syria, Iraq, Yemen, Berlin
Drug overdose deaths fell 12.7% in the 12 months ending in May, according to preliminary data released Wednesday by the Centers for Disease Control and Prevention. “This is the largest recorded reduction in overdose deaths,” White House officials said in a statement. Forty-one states saw decreases in drug overdose deaths in the 12 months ending May, according to the latest CDC data. In 2023, 3,046 people in the city died of a drug overdose, according to its health officials. That’s a 1% decrease from 2022 and the city’s first drop in overdose deaths since 2018.
Persons: , ” It’s, It’s, David Margolius, We’ve, it’s, Joan Papp, ” Chrissie Juliano, That’s, Ashwin Vasan, , Craig F, Walker, ” Brad Finegood, ” Finegood, they’re Organizations: Centers for Disease Control, MetroHealth Medical, Big Cities Health Coalition, , New York City Department of Health, Mental Hygiene, Boston Globe, Getty Locations: America, Cleveland, — New York City, New, Seattle
The Hamas leader was “the caring father and the leader of the Palestinian cause,” Moslah added. “May God have mercy upon him.”For others, Sinwar’s death was an unsurprising outcome for a hardened jihadi militant. He spent years in an Israeli jail learning Hebrew and studying the inner workings of Israeli politics and military tactics. It showed a man, identified by Israel as Sinwar, sitting in a chair in a destroyed apartment as an Israeli drone buzzed around him. Moments later, the Israeli military would fire its kill shot — a missile destroying the building.
Persons: Sinwar, , ” Abaad, Moslah, , Ziad Maqdad, “ Yahya Sinwar, Burcu, Khalil Al, Hayya, Yahya Sinwar, lamely, Seyed Abbas Araghchi, Omar Dajani, David, Sinwar “, Dajani, John Wessels, Ahmed Yossef, Benny Gantz, Gaza “, Belazel Smotrich, Frank Lowenstein, Barack Obama, Mohammed, ” Lowenstein, Sheikh Ahmed Yassin, Rashid Khalidi, Netanyahu Organizations: NBC News ’, Royal United Services Institute, Israel Defense Forces, NBC, AFP, Getty, Palestinian Center, Policy, Research, University of, Columbia University, Locations: Palestinian, Beit Hanon, Gaza, Israel, United States, London, Jerusalem, Iranian, Palestine, Stockton , California, Sinwar, “ Israel
Vice President Kamala Harris will join the Obamas for get-out-the-vote events in the battleground states of Georgia and Michigan next week, marking the first time she’s hitting the trail with either former President Barack Obama or Michelle Obama, according to a senior campaign official. As Election Day nears, campaign advisers are turning their focus to voter turnout, bringing in surrogates to mobilize voters in critical states. Next Thursday, Harris will appear with former President Obama in Georgia, where early voting has begun. And later in the week, she’ll head to Michigan to appear with Michelle Obama to mark the first day of voting in the state. Next Saturday’s event will also mark Michelle Obama’s first time on the trail for the Harris-Walz campaign.
Persons: Kamala Harris, Barack Obama, Michelle Obama, Harris, Obama, Michelle Obama’s, Walz, Black, she’s Locations: Georgia, Michigan, surrogates
CVS replaces CEO as profits, share price suffer
  + stars: | 2024-10-18 | by ( Jacob Pramuk | Sara Salinas | ) www.nbcnews.com   time to read: +2 min
Longtime CVS Health executive David Joyner has replaced Karen Lynch as CEO, as the company struggles to drive higher profits and stock performance, CVS announced Friday. CVS has faced challenges as higher medical costs weigh on its insurance unit, Aetna, and consumer spending drops at its retail pharmacies. It anticipates higher medical costs than previously expected, with a so-called medical benefit ratio of 95.2% in the quarter. CNBC reported last month that CVS’ board had engaged strategic advisors to weigh its options, including the potential of a breakup of its insurance and retail businesses. Lynch also stepped down from the company’s board of directors this week, the company said Friday.
Persons: David Joyner, Karen Lynch, CVS, ” CVS, Joyner, Lynch, , David, Roger Farah, Farah Organizations: CVS, Aetna, Glenview Capital, CNBC, CVS Health
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