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☆ Why these industrial giants are betting on the transition to clean energy
▼ + stars: | 2023-11-13 | by ( Morgan Chittum | ) www.cnbc.com time to read: +6 min

"Right now, some of our favorite secular themes are the mega trends benefitting from a wave of federal spending — and the energy transition is one of those themes," he explained. CAT YTD mountain Caterpillar (CAT) year-to-date performance Elsewhere, Caterpillar has said the "energy transition and growing global energy demand are increasing [it's] total addressable market and furthering opportunities for long-term profitable growth." In terms of the energy transition, the company's aerospace business could see a boost from its development of sustainable aviation fuels. CEO Vimal Kapur last month said the industrials giant is "beginning to feel the urgency behind [the] energy transition." "Honeywell is in a unique position to both help the world meet today's growing energy needs, while also enabling the energy transition," Kapur said.

Persons: we're, Jeff Marks, Linde, Wall, I'm, Jim Cramer, Vimal Kapur, Kapur, Jim Cramer's, Jim, Krisztian Bocsi Organizations: Linde, LIN, Honeywell, Caterpillar, Investing, ExxonMobil, Exxon, BMO Capital Markets, Bank of America, CAT, CNBC, Linde AG, Treatment, Berlin, Bloomberg, Getty Locations: U.S, Berlin, Germany

☆ Israeli military says it found signs hostages were held in Gaza hospital
▼ + stars: | 2023-11-13 | by ( ) www.reuters.com time to read: +2 min

The Israeli military shared video and photographs on Monday showing what it said were weapons stored by Hamas in the basement of a children's hospital in Gaza where it also said hostages appear to have been held. via IDF Acquire Licensing RightsJERUSALEM, Nov 13 (Reuters) - The Israeli military shared video and photographs on Monday showing what it said were weapons stored by Hamas in the basement of a children's hospital in Gaza where it also said hostages appear to have been held. "And we also found signs that indicate that Hamas held hostages here," he told a televised briefing. On Monday, Israeli tanks were positioned outside the gates of Al Shifa hospital, the main hospital in Gaza where hundreds of patients were still waiting to be evacuated. Hamas and hospital authorities in Gaza have denied that health facilities have been used in this way.

Persons: Daniel Hagari, , James Mackenzie, Rosalba O'Brien Organizations: Rights, Hamas, Gaza, United Nations, Thomson Locations: Gaza, Israel, Al Shifa

☆ What we'd like to see from 3 economic readings and 2 earnings reports next week
▼ + stars: | 2023-11-11 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

The major averages advanced again this week as earnings results came in largely better than expected, interest rates stabilized and oil prices dropped below $80 a barrel. Looking ahead, we'll get a couple more earnings results and some key inflationary data to chew on. In this past week, we bought 150 shares of DuPont (DD) and added 75 shares of Wynn Resorts (WYNN). As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Stocks, Wynn Resort's, WYNN, we'll, That's, —, we're, it's, PANW, Tyson, Henry Schein, Spero, Sanara, Sara Lee Corp, JD.com, Woodward, Jim Cramer's, Jim Cramer, Jim, Mario Anzuoni Organizations: Nasdaq, Dow Jones, Coterra Energy, Emerson, Disney, PPI, TJX, Palo Alto Networks, DuPont, Wynn Resorts, WYNN, Tyson Foods, TSN, Tower Semiconductor, Partners, Genius Sports, Spero Therapeutics, Star Bulk Carriers Corp, Beauty Health, Asure, Gladstone Capital Corp, TeraWulf Inc, Harrow Health, Afya, Sea, Paysafe Group Holdings, Solar Inc, Aramark Holdings Corp, Lending, Holding, BioXcel Therapeutics, IHS Inc, Rewalk Robotics, Acurx Pharmaceuticals, Energizer Holdings, Power Solutions, Rekor Systems, Wine Estates, Momentus Inc, SIGMA Lithium Corporation, AlTi, QuickLogic Corporation, Arcturus Therapeutics, Dada Nexus, Solutions, Target Corp, Parts, ZIM Integrated Shipping Services, Alto Networks, Cisco Systems, Chemical & Mining Co, PennantPark Investment Corp, Copa Holdings S.A, Walmart, Arcos Dorados Holdings, ARCO, NICE, Body, Warner Music Group Corp, Ross Stores, Homes, Dolby Laboratories Inc, American Software, ESCO Technologies, ZTO, International, BJ's Wholesale, Jim Cramer's Charitable, CNBC, Maxx Locations: Macau, Chile, Cayman, Pasadena , California

For over a decade, photographer Christopher Payne has been documenting people, processes and products at U.S. factories. A former architect, Payne brings an eye for structure and beauty to work on every scale from medicine vials to airplane hangars. Some of Payne’s industrial photographs were made on assignment, but more often he simply emails a factory and asks to take pictures. What matters to him isn’t the prestige or perceived value of the finished product but the complex activities behind it. He has photographed at Tesla , John Deere and Whirlpool, in factories so vast that one cannot see from end to end, and also at small specialty hardware makers with no public-facing storefronts.

Persons: Christopher Payne, America ”, Payne, John Deere Organizations: Bollman Hat Company, Whirlpool Locations: America, Adamstown, Pa

☆ A Wall Street banker bought a coal mine sight unseen that could contain $37 billion worth of rare earth minerals
▼ + stars: | 2023-11-10 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +4 min

Over a decade ago, a Wall Street banker bought a coal mine to sell coal. Turns out, the mine contains rare earth elements that could be worth tens of billions of dollars. AdvertisementAdvertisementIn 2011, Randall Atkins, a former Wall Street banker, bought a mine outside of Sheridan, Wyoming, sight unseen, The Wall Street Journal reported. In May, Ramaco announced that Atkins' Brook Mine contains one of the largest unconventional deposits of rare earth elements in the US. Early this year, the White House announced it plans to invest $32 million in domestic rare earth and other mineral projects.

Persons: —, Randall Atkins, Atkins, Ramaco, REE, REEs, David Becker, Patty Webber, They're, haven't, Shannon Anderson Organizations: Wall Street, Service, Street Journal, Casper Star, Tribune, DOE's National Energy Technology Laboratory, International, Inc, Resources, Reuters, Geological Survey, Wyoming Public, Defense Department, White House, Sheridan Press Locations: Sheridan , Wyoming, Atkins, Wyoming, China

LAÚNDOS, Portugal (AP) — Guilherme Peixoto, a village priest in northern Portugal, has been busy this month celebrating Masses at his two parishes, presiding over remembrances for the dead — and preparing the electronic music set for his next international DJ gig. "They can think, 'If it’s possible for a priest to be DJ, it’s possible for me to like music, and festivals, and be Christian.'" The priest broke onto the global stage when the organizers of World Youth Day in Lisbon asked him to “wake up the pilgrims” at 7 a.m. before Pope Francis’ open-air Mass in August. There, he re-mixed electronic dance beats with words from Pope Francis’ encyclical about protecting the environment. “It’s very important to me to not only be the priest DJ, but be the shepherd of the community,” Peixoto said.

Persons: — Guilherme Peixoto, remembrances, ” Peixoto, Pope Francis ’, Peixoto, who’s, John Paul II, He’d, Francis ’, Silvana Pontes, ”, ” Pontes, he’d, Tania Campos, she’s, —, Paulo, Switzerland —, Irene Pontes, Andreia Flores, ” Flores, “, “ It’s, Pope, Pope Francis, Eduardo Duque, “ Padre Guilherme, we’ll, ’ ”, don’t, Jesus —, DJ Organizations: —, Ar, Rock, Peixoto, Catholic Portuguese University, Braga, Lilly Endowment Inc, AP Locations: LAÚNDOS, Portugal, fundraise, Italy, Lisbon, Portuguese, Laúndos, Ar de, Arizona, Switzerland, Amorim .

☆ Gonorrhea Is Becoming Drug Resistant. Scientists Just Found a Solution.
▼ + stars: | 2023-11-10 | by ( Apoorva Mandavilli | More About Apoorva Mandavilli | ) www.nytimes.com time to read: +4 min

About half of infected people show no symptoms, but in others gonorrhea can lead to painful joints and burning urination. It has become resistant to azithromycin and is increasingly resistant to another antibiotic called ceftriaxone, which is now the standard of care. Based on previous research, the drug is unlikely to be as effective in the throat and rectum, said Dr. Marrazzo. In studies, zoliflodacin appears to be effective against a wide range of resistant strains of gonorrhea. The partnership’s agreement minimizes that chance: The nonprofit plans to manage how the drug is distributed, and to see that it is used only to treat gonorrhea.

Persons: gonorrhea, ”, Manica Balasegaram, “ I’ll, that’s, Ramanan Laxminarayan, Jeanne Marrazzo, Marrazzo, zoliflodacin, Margaret Koziel Organizations: Global, Research, Development, Pharmaceutical, European Union, Therapeutics, Princeton University, National Institute of Allergy Locations: American

☆ How Arm is gaining chip dominance with its architecture in Apple, Nvidia, AMD, Amazon, Qualcomm and more
▼ + stars: | 2023-11-09 | by ( Katie Tarasov | ) www.cnbc.com time to read: +8 min

Arm's big break came in 1993, when Apple launched its early handheld Newton device on the Arm610 processor. Arm's big break came in 1993 when Apple released its handheld Newton device on the Arm610 processor. Apple moved to its own Arm-based processors in Mac computers in 2020, breaking away from the Intel x86 processors that had powered them for 15 years. Qualcomm is another major customer making its latest PC processors using Arm, although that relationship is strained. This simplification is also making Arm the choice for non-chip companies like Apple, Amazon, Google and Microsoft designing their own custom silicon.

Persons: Haas, Richard Grisenthwaite, I've, Grisenthwaite, Japan's SoftBank, Grace Hopper Superchip, Grace Hopper, they're, Cash, SoftBank, Softbank, Rene Haas, CNBC's Katie Tarasov, Katie Brigham Arm, It's, Daniel Newman, Newman, O'Donnell, Apple, Nuvia, Arm's Grisenthwaite, They've, " O'Donnell, Max Thurlow Organizations: Apple, Acorn Computers, Texas, Nokia, Nvidia, Google, Samsung, Qualcomm, Futurum, Intel, Amazon, AMD, Cruise, Microsoft, Arm Holdings Locations: Cambridge, NXP, U.S, Arizona , California, North Carolina, Texas, Norway, Sweden, France, India, San Jose , California, IoT, England, China

☆ Scooter Braun's right-hand man wanted to make Camila Sterling a star. After she died in his hotel room, he wanted the world to forget.
▼ + stars: | 2023-11-08 | by ( Anna Silman | Jack Newsham | ) www.businessinsider.com time to read: +33 min

He also created an LLC under his initials in 2021, seemingly for the sole purpose of releasing Sterling's music. But since Sterling's death, Bolno has worked to distance himself from the tragedy and buff his reputation online. On June 29, 2023, three months after Sterling's death, Ozuna and Andino signed to SB Projects, Scooter Braun's management company. Since Sterling's death, Bolno has appeared to try to distance himself from the tragedy. However, in September, a message from Centeno's email address sent on behalf of Sterling's mother asked Insider to stop reporting on Sterling's death.

Persons: Camila Sterling, David Bolno, Scooter Braun's, Drake, Post, Bolno, Sterling, — who's, Daily Mail —, —, Laura Camila Lozano Sterling, Selena Gomez, Enmanuel Hernández Rodriguez, Rodriguez, it's, Scooter Braun, Taylor Swift, Camila Sterling's, Shaun White, schmoozing, sunning, David Geffen's, he's, Will.i.am, Justin Bieber, hadn't, bigwig, He's, Mariah Carey, Braun, Ariana Grande, Demi Lovato, Scooter, who's, Scooter hasn't, Peter Comisar, Comisar, Michael Tran, Bieber, he'd, David Grutman, LIV, Grutman, she'd, I'm, David, Usher, Sterling's, John Parra, I'd, Nordhia Centeno, Laura Castellanos Torres, Edgar Andino, Andino, Sterling wasn't, Gabby, there's, Sterling texted, Escalade, Cartier Juste, Bruce Lehr, tusi, Fabio Cabrera, Ernesto Rodriguez, Evan Siegfried, Mickey Segal, NKSFB, Nubia Esperanza Sterling Artunduaga, Camila, Rocio Cruz Maldonado, Centeno, Marcie Stefan Organizations: Miami Beach, Daily Mail, Miami Beach Police Department, Puerto, Sterling, Trump, Intracoastal Yacht, Space, Miami Dade College, Puerto Rican, Pump, Miami, DTB Records, Spotify, Records, Temple Law School, Ithaca Holdings, luxe Paramount Miami, Studios, Bay Eight Recording Studios, YouTube, Zero, SB Projects, Paramount Miami Worldcenter, Representatives, Police, Unreal Mobile, Red Pocket, European Business, University of Locations: Post Malone, Miami, Sterling, Latin America, Colombia, Bogotá, American, Puerto Rican, Sunny, Moscow, Sunny Isles, Givenchy, Cuba, Los Angeles, Delaware, Puerto Rico, New York City, Medellín, Ithaca, Korean, Brentwood, North Miami, French Montana, Bolno's, Miami Beach, Jerusalem, Nubia

So don't miss out on a free Arsenal vs Sevilla live stream that you can watch from anywhere. Just a heads-up: if you're not in the country showing the free Arsenal vs. Sevilla live stream from the guide below, you'll hit a geo-block when you try to watch. *Belgium's RTL Club is free, but you must create a free login to access the free Champions League streams. Then get stuck in and enjoy this free Champions League live stream. How to watch Arsenal vs. Sevilla live stream with a VPNSign up for a VPN if you don't have one.

Persons: Mikel Arteta's, they're, you'll, we've, Stan, Stan Sport, ExpressVPN, you've, Stan Sport's, You'll Organizations: Mikel Arteta's Gunners, Sevilla, Spanish Europa League, Arsenal, Lens, La Liga, Europa League, PSV, League, RTL, Rugby, RTL Club, BT Sport, TNT Sport, BT, TNT, Discovery, Amazon, Amazon Prime, Champions League, Champions, Stan Sport, Sport, country's Champions League, Paramount Plus, Paramount, CBS, Netflix, PayPal Locations: La, Europe, Belgium, Belgian, Australia, USA

He also lowered his price target by $6 to $120, implying just 3.9% upside from Tuesday's close. Analyst Shaun Kelley has a $40 price target on shares, implying shares could gain 11.4% from Tuesday's close. Rivian shares jumped more than 7% after the company increased its production forecast for the full year by 2,000 units to 54,000. Datadog shares have produced zero return over the past three years, Murphy noted, with shares down 9% since Oct. 15, 2020. UBS has a neutral rating on Apple and a price target of $190 per share, which implies upside of 4.5%.

Persons: Cowen downgrades Estee, TD Cowen, Estee Lauder, Oliver Chen, Chen, — Hakyung Kim, Shaun Kelley, Kelley, Goldman, Goldman Sachs, Neil Mehta, Mehta, There's, Colin Langan, Langan, Piper Sandler, Alexander Potter, Potter, Rivian, Mark Delaney, Morgan Stanley, Jonas, Mark Murphy, Murphy, David Vogt, Vogt, Fred Imbert Organizations: CNBC, Tech, UBS, JPMorgan, Revenue, Asia, Bank of America, Industry, Mehta ., Wall Street, Rivian, pullbacks, Pro, Pro Max, Apple Locations: China, Asia Pacific, Europe, Middle East, Africa, Tuesday's, U.S

☆ Private equity superstores overstock the shelves
▼ + stars: | 2023-11-08 | by ( Liam Proud | ) www.reuters.com time to read: +8 min

LONDON, Nov 8 (Reuters Breakingviews) - Private equity investors seem happier these days shopping for returns at specialty shops over supermarkets. U.S. private equity funds raised some $240 billion in the first nine months of 2023, according to research outfit PitchBook, 13% less than a year earlier. New York-based CD&R in August raised $26 billion for its 12th-generation private equity fund while Eurocentric CVC managed an even more eye-popping $29 billion in July. A better explanation, from the consultants who advise LPs on where to put their cash, is that private equity supermarkets may be cannibalising themselves. Until they can prove otherwise, the more scattered private equity superstores risk losing more ground to the specialists.

Persons: Clayton, Blackstone, Steve Schwarzman, Marc Rowan, don’t, Rowan, Rob Lucas, Blackstone’s, they’re, Lucas, Jeffrey Goldfarb, Thomas Shum Organizations: Reuters, Rice, CVC Capital Partners, Apollo Global Management, Blackstone Capital Partners IX, “, IX, CVC, Apollo, Blackstone, U.S, Thomson Locations: Dubilier, New York, Blackstone, Asia, Luxembourg, Europe, Americas

☆ Workers are missing cog in US manufacturing gears
▼ + stars: | 2023-11-07 | by ( Jeffrey Goldfarb | ) www.reuters.com time to read: +7 min

NEW YORK, Nov 7 (Reuters Breakingviews) - There’s a spanner in the freshly restarted U.S. manufacturing machine. Based in part on the planned construction spending, Goldman Sachs analysts estimate that Biden’s initiatives could lead to as many as 250,000 new manufacturing jobs over the next two years. Pay growth is also cooling faster for production and manufacturing jobs, at 4.2% year-over-year in August, down from an 11% annual peak in December 2021 and compared to the national average of 4.5%, according to jobs website Indeed. By 2030, technological and cognitive skills in the manufacturing sector will be in far higher demand as the share of physical and manual tasks drops by more than a quarter from 2016, McKinsey says. The U.S. manufacturing engine may be humming along now, but employment-related complications threaten to throw sand in the gears.

Persons: Joe Biden’s, Biden, Goldman Sachs, There’s, it’s, Sam, Francesco Guererra, Sharon Lam Organizations: Reuters, Deal, Taiwan Semiconductor Manufacturing, Samsung Electronics, Intel, Bosch, Linde, Public, Ford, SK Innovation, Reuters Graphics Reuters, Department, Bureau of Labor Statistics, McKinsey, University of Massachusetts, Economy Research, of Labor Statistics, Thomson Locations: Arizona, U.S, United States, China, Europe, Asia, it’s, Germany, Amherst

Prescriptions for ketamine have soared in recent years, driven by for-profit clinics and telehealth services offering the medication as a treatment for pain, depression, anxiety and other conditions. With its recent adoption for pain, patients are increasingly encountering those same effects. Ketamine targets a brain chemical messenger called glutamate, which is thought to play a role in both pain and depression. “We want patients to disassociate or feel separate from their pain, depression or anxiety,” said Dr. David Mahjoubi, owner of Ketamine Healing Clinic in Los Angeles. But the experts found “weak or no evidence” for ketamine in many more conditions, including back pain, migraines, fibromyalgia and cancer pain.

Persons: “, ”, Padma Gulur, Gulur, Daniel Bass, Bass, ” Bass, David Mahjoubi, they’re, Eric Schwenk, Thomas, “ There’s, Johnson, Samuel Wilkinson, Caleb Alexander, Matthew Perrone Organizations: WASHINGTON, Duke University, Duke, Food and Drug Administration, FDA, Thomas Jefferson University, Epic Research, Johnson, Drug Enforcement, Yale University, Johns Hopkins University, Twitter, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: As, U.S, Southgate , Kentucky, Los Angeles, anesthesiology, Massachusetts

Here's how Kurtz built up Mike's Hot Honey from just a hobby into a company poised to bring in more than $40 million over the next year. This might be the life for me'A college-aged Kurtz in Brazil, where he found the inspiration for Mike's Hot Honey. Some like it hotKurtz working at Paulie Gee's in August 2010 with bottle of Mike's Hot Honey in hand. "I'd be in there from midnight till six in the morning just bottling, capping and labeling bottles of Mike's Hot Honey." Over three funding rounds, Mike's Hot Honey raised $12 million.

Persons: Mike Kurtz doesn't, Franzen, Quentin Tarantino's, Kurtz, Raffi Paul, Mickey Todiwala, Larry Raymond, Larry, Mike Kurtz, Paulie Gee's, Paulie Gee, Matt Beaton, Beaton, Beaton's Organizations: CNBC, Foods, UMass Amherst Locations: Brazil, Greenpoint , Brooklyn, New York City, New York, what's, U.S

☆ Charlie Munger reflects on one investment Warren Buffett passed up — Costco
▼ + stars: | 2023-11-04 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Warren Buffett and his longtime business partner Charlie Munger almost never butt heads, but there has been one rare area of disagreement between the two investment legends. Costco has grown from less than $5 a share in the early 1980s to more than $560 a share today. 'Shoot me first' As Munger's obsession over Costco grew stronger over the years, Buffett learned to make lighthearted jokes about it. "Charlie said, 'I would like to give, once more, my speech on the virtues of Costco — with illustrations.' I kind of used them up between Costco and Apple," Buffett once said.

Persons: Warren Buffett, Charlie Munger, Munger, —, Buffett, James Sinegal's, Berkshire Hathaway, didn't, Warren wouldn't, Warren doesn't, Sears Roebuck, It's, Buffett's, he's, Charlie Organizations: Costco Wholesale Corp, Oracle, Price Club, Costco, Berkshire, BNSF, Apple Locations: Omaha, America, Berkshire

☆ Amazon Is Shutting Down Its Clothing Stores
▼ + stars: | 2023-11-03 | by ( Sebastian Herrera | ) www.wsj.com time to read: 1 min

The first Amazon Style store opened last year in Glendale, Calif. Photo: Greg Montijo/Associated PressAmazon .com is closing its physical clothing stores, ending a brief attempt to bring its fashion offerings to bricks-and-mortar spaces. The company said Thursday that it is shutting down the two “Amazon Style” locations that are located in Glendale, Calif., and Columbus, Ohio. The move follows closings of other Amazon outlets including bookstores and specialty retail stores. The company has concentrated its physical store ambitions on its grocery outlets, including Amazon Fresh stores and Whole Foods Market.

Persons: Greg Montijo Organizations: Associated Press, Amazon, Foods Locations: Glendale , Calif, Columbus , Ohio

☆ Here are 4 big trades for the portfolio this week and 2 difficult rating changes
▼ + stars: | 2023-11-03 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +5 min

Our trades and decisions on stock ratings were driven more by earnings, company-specific developments and portfolio management rather than any broad commentary on the market. The stock soared more than 5% on the news, adding to those gains throughout the rest of the week. Estee Lauder's new "Profit Recovery Plan" provided little comfort because it's not expected to kick in until the company's fiscal years 2025 and 2026. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: week's, Ford, Estee Lauder, Estee, it's, Veralto, Locker, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Dow Jones, Nasdaq, Federal Reserve, U.S . Labor Department, Ford, United Auto Workers, GE HealthCare Technologies, Oracle, DuPont de Nemours, DuPont, CNBC, Traders, New York Stock Exchange, Getty Locations: oversold, China, FL, New York City

☆ 19 Best Gifts for the Tea Lovers in Your Life
▼ + stars: | 2023-11-02 | by ( Sarah Rose | ) www.wsj.com time to read: +10 min

For people who also drink coffeeSugar Wish The Coffee & Tea Sugarwish $45 at SugarwishThis Sugarwish coffee and tea gift box is a great option for anyone who loves coffee just as much as they love tea. Desains suggests a porcelain tea pot clad in stainless steel to keep a quality tea warm for hours. Alternately, make a tea concentrate by doubling the amount of tea leaves in hot tea, then pouring it over ice. For a twist on matchaIppodo Tea Genmaicha Green Tea $15 at AmazonIf you love matcha but want to try something new, you might enjoy this Genmaicha green tea from Ippodo Tea. It’s lighter than matcha and is made by blending green tea leaves with roasted rice, so it has a distinct flavor.

Persons: Sarah Rose, ”, “, Abigail St, Clair, St, Maria Uspenski, Tea Forte, Marmalade, Winter, Steve Schwartz, Ui, Kristen Chase, There’s, Ottilie Cunningham, Fortnum, Mason, Alex Monroe, Franck Desains, Waris, Elisabeth Noel Jones, Joshua Kaiser, Milwaukee’s Rishi, —, Cindy Sherman, Madame de Pompadour, French King Louis XV, Heidi Johannsen Stewart, Van, Brandon Friedman, Obama, ” Friedman, “ Matcha, Catherine Jue, Tekuno, Emeric Harney, Harney, ORLA KIELY, Ravi Kroesen, Smith, Orla Kiely, Jessie Dean, Katie Kitamura Organizations: Tea Bella Tea Company, Art, Mariages Freres, Desains, Amazon The, MET, Bellocq, Metropolitan Museum of, Amazon, 187th, Tea, Asheville Tea Company Locations: China, Tampa , Fla, Clair, Darjeeling, it’s, Boulder, Colo, chai In India, Los Angeles, Philadelphia, Paris, Brooklyn, U.S, Iraq, Afghanistan, Dallas, San Francisco, New York, Portland ,, North Carolina

☆ Bank of America says be wary of a soft holiday shopping season, gives its top picks
▼ + stars: | 2023-11-01 | by ( Pia Singh | ) www.cnbc.com time to read: +4 min

Holiday spending will be sluggish as consumers grapple with inflation, but Bank of America thinks a handful of value retailers and specialty stores could see a boost. Bank of America projects holiday sales-weighted average same-store sales will rise 0.6% year over year for its retail universe. Here are the buy-rated retailers that could stand out amid broader retail softness, according to Bank of America. Sporting goods chain Academy Sports and Outdoors was also highlighted as a Bank of America favorite. "Consumers are looking for deals and will choose retailers offering the best value," Hutchinson said.

Persons: Lorraine Hutchinson, Hutchinson, Ralph Lauren, Tuesday's, Michael Bloom Organizations: Bank of America, Bank of America ., Walmart, Target, Sporting, Academy Sports Locations: Tuesday's

HENDERSON, Nev. (AP) — When the Las Vegas Raiders hired Josh McDaniels in January 2022, he said he had learned from his first stint as an NFL head coach. The Raiders under McDaniels went 6-11 in 2022 and are 3-5 so far this season for a .360 winning percentage. The one game Las Vegas reached that figure came because of a fourth-quarter safety in a 21-17 victory over the Patriots on Oct. 15. The Raiders lost a record-tying five games after taking double-digit leads, including blowing a 20-0 halftime lead in his home debut against Arizona for the biggest collapse in franchise history. McDaniels finished his tenure with the third-worst record of any Raiders coach with at least 25 games.

Persons: HENDERSON, Josh McDaniels, McDaniels, Mark Davis, Dave Ziegler, Josh, Dave, Davis, Antonio Pierce, Champ Kelly, Ziegler, Mick Lombardi, Davante Adams, Josh Jacobs, ” McDaniels, Rich Bisaccia, Adams, Chandler Jones, Derek Carr, Maxx Crosby, Darren Waller, Hunter Renfrow, Jeff Saturday, Baker Mayfield, Mayfield, Carr, Jimmy Garoppolo, Tyson Bagent, Josh Dubow, ___ Organizations: Las Vegas Raiders, NFL, Denver Broncos, Raiders, Super, “, The Raiders, Giants, New, GM, longtime Patriots, John Carroll University, Patriots West, Cincinnati Bengals, The, Denver, Vegas, Patriots, Detroit Lions, Arizona, Indianapolis, Colts, Rams, Las Vegas, Chicago, Detroit, AP Pro Football Locations: Nev, New York, New, Las Vegas, New Orleans, New England, Las

People walk by a CVS pharmacy store in Manhattan, New York City, New York, U.S., November 17, 2021. REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsCompanies CVS Health Corp FollowNov 1 (Reuters) - CVS Health Corp (CVS.N) beat Wall Street estimates for quarterly profit on Wednesday as strength in its drugstores and pharmacy benefit management business offset higher-than-expected medical costs at its insurance unit. CVS' medical benefit ratio, or the percentage of claims paid compared to premiums collected, was 85.7% in the third quarter, compared with analysts' estimates of 85.1%. CVS' pharmacy and consumer wellness segment recorded 6% revenue growth to $28.87 billion, boosted by higher drug prices and prescription volume. The company reported an adjusted profit of $2.21 per share, beating estimates of $2.13 per share, according to LSEG data.

Persons: Andrew Kelly, Julie Utterback, Mariam Sunny, Leroy Leo, Saumyadeb Chakrabarty, Vinay Dwivedi Organizations: REUTERS, CVS Health, CVS Health Corp, CVS, Morningstar, PBMs, Revenue, Walgreens, Thomson Locations: Manhattan , New York City , New York, U.S, United States, Bengaluru

☆ Why we're upbeat on chemicals maker DuPont, despite its narrowed guidance
▼ + stars: | 2023-11-01 | by ( Jeff Marks | ) www.cnbc.com time to read: +8 min

But we remain optimistic the specialty chemicals company's electronics business will turn next year, leading to revived growth. At the same time, DuPont raised concerns about its water and safety solutions business due to ongoing destocking and a weaker China. The electronics and industrial segment is comprised of three subunits: semiconductor technologies, interconnect solutions and industrial solutions. Guidance DuPont shaved its full-year net sales outlook to about $12.17 billion, from a previous range of $12.45 billion to $12.55 billion. The company cited additional channel inventory destocking and slow industrial demand in China, mostly in its water solutions business, for its revised guidance.

Persons: Ed Breen, DuPont, Jim Cramer's, Jim Cramer, Jim, Edward Breen, Brendan McDermid Organizations: DuPont de Nemours, DuPont, Spectrum Plastics, CNBC, New York Stock Exchange Locations: China

☆ Product giveaways are a win-win for small businesses and customers — founders share 3 ways to get the most from every one
▼ + stars: | 2023-10-31 | by ( Erica Sweeney | ) www.businessinsider.com time to read: +5 min

Product giveaways can help small businesses get social-media followers and find new audiences. Small businesses share how they run giveaways and the benefits they see. Partner up to cross-sellTeaming up with similar brands can enhance the results of a social-media giveaway, Wen said. Wen said they planned to test video content for giveaways and hold giveaways on TikTok. Wen says product giveaways give small businesses a chance to get creative and connect with customers in an authentic way — as long as the businesses are intentional and true to their brand.

Persons: SBOs, —, Wendy Wen, Oana Borcoman, Evans Wilson, Borcoman, It's, Wen Organizations: Small, Service, Advertising Specialty Institute, Bocce's

☆ The Big Cheese (Tour)
▼ + stars: | 2023-10-31 | by ( Alexander Lobrano | ) www.nytimes.com time to read: +1 min

On a sunny October afternoon in the London neighborhood of Bermondsey, a cool breeze surprised me with the winy smell of apples. It brought on a sudden sharp craving for a nice chunk of Cheddar, the fruit and the cheese together being a favorite after-school snack when I was growing up in Connecticut. This was an appropriate prompt, too, since I was on my way to a very privileged lesson in British farmhouse cheeses at the beginning of an eight-day, cheese-themed trip to London and Somerset run by the specialty tour company Cheese Journeys. My destination was the empyrean address for anyone who really loves best-quality British cheeses: the aging cellars of the Neal’s Yard Dairy. This trip was also a sort of homage to my paternal grandmother, since she’d been the one who’d first pricked my curiosity about cheese with her love of crumbly black-waxed extra-sharp New York cheddar.

Persons: I’d, she’d Organizations: Somerset Locations: London, Bermondsey, Connecticut, York cheddar, Cheddar, Somerset

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