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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSchwartz: People don't want the economy shut down; I don't think this will last longJeremy Schwartz, Global Chief Investment Officer at WisdomTree Inc, highlights the need for automation amid port strikes, expects a quick resolution, supports faster rate cuts, and notes rising commodity prices as both inflation risks and portfolio diversifiers.
Persons: Jeremy Schwartz Organizations: Schwartz, Global Chief, WisdomTree Inc
Port of Miami dockworkers strike near the port entrance and demand a new labor contract, on October 1, 2024 in Miami, Florida. One rule of thumb is that for each strike day, it takes nearly a week to get ports operating at normal levels. watch now"We think fears around the potential economic impacts are overdone," wrote Bradley Saunders, North America economist at Capital Economics. "Frequent shocks to supply chains in recent years have left producers more attuned to the risks of running low inventories. "There is little chance that the administration would risk jeopardizing its recent economic successes less than two months before a tightly-contested election," he said.
Persons: Giorgio Viera, Joe Biden, Taft, Hartley, Joseph Brusuelas, Andrew Hollenhorst, Bradley Saunders, Saunders, there's Organizations: Afp, Getty, International Longshoreman's Association, U.S . Maritime Alliance, Labor, RSM, Atlanta Federal Reserve, Citigroup, New, New York Fed, Capital Economics, ILA Locations: Miami, Miami , Florida, East, Gulf, U.S, United States, West Coast, New York, North America
James Earl Carter, Jr., more commonly known as Jimmy Carter, served as the 39th U.S. president from 1977 to 1981. In 2019, Carter told People Magazine that he never expected to live as long as he has: "It's hard to live until you're 95 years old." In February of 2023, President Carter entered home hospice care after several hospital stays over the years, following his cancer diagnosis in 2015. He and his wife, Rosalynn Carter, who died in November 2023 at 96 years old, kept each other going. Their love story began when the two met at Plains United Methodist Church in their hometown of Plains, Georgia, Mr. Carter told The Washington Post.
Persons: Jimmy Carter, James Earl Carter , Jr, He's, Carter, I've, , Rosalynn Carter, Rosalynn Organizations: People Magazine, Plains United Methodist Church, Washington Post, Carter, Habitat, Humanity Locations: U.S, Plains , Georgia
On a more micro level, many ETF investors can sidestep the fund-level capital gains taxes incurred by many investors who own mutual fund shares, experts said. However, mutual fund managers can also generate capital-gains taxes within a fund itself when they buy and sell securities. Costs are lowThe first ETF was an index fund: the SPDR S&P 500 ETF Trust (SPY ). Index funds, also known as passively managed funds, track a market index like the S&P 500 . Investors have equated ETFs with index funds since their inception, even though there are also index mutual funds, experts said.
Persons: Michael McClary, Bryan Armour, Armour, McClary, Morningstar, Michael Iachini, Charles Schwab, Morningstar's, they're, Michael M Organizations: Getty, Exchange, Morningstar, Valmark Financial, Investors, North America, Trust, Financial, Retail, McKinsey, SEC, Securities, Exchange Commission, Stock, New York Stock Exchange, Santiago
Pertoldi said two simple dishes — bread and pasta — are always a hit. AdvertisementThis as-told-to essay is based on a conversation with Matteo Pertoldi, a private chef and Italian restaurant owner. The bread and butter of fine diningPeople generally love simple things when done well. Matteo PertoldiAt events, guests would often say, "I love your spread, but the bread and cakes really stood out. AdvertisementGuests love simple pastaWhile we try to diversify our menus to suit every event for all the guests, I've always seen a strong appreciation for pasta, especially handmade ravioli.
Persons: Matteo Pertoldi, Pertoldi, , I've, Matteo Pertoldi I've, they've Organizations: Service Locations: Singapore, Paris, Italian, Cambodia, Amalfi Coast, Italy
Federal spending on children climbed to a peak of $11,690 per child in 2021 in response to the Covid-19 pandemic. In 2024, that spending is expected to level off to $8,760 per child — a decline of about $230 per child from the previous year, the research found. In 2021, child poverty fell to 5.2%, down from 12.6% in 2019. The expiration of the aid drove child poverty back up to 12.4% in 2022. Tax expenditures represent the largest drop in federal spending on children between 2022 and 2023, while there were also sharp declines in spending on nutrition and more modest changes in education funding, according to the Urban Institute.
Persons: , Heather Hahn, Hahn Organizations: Urban Institute, D.C, Finance Locations: Washington
Walter "Walt" Bettinger, president and chief executive officer of Charles Schwab Corp., speaks during the 2015 Fortune Global Forum in San Francisco, California, U.S., on Tuesday, Nov. 3, 2015. Bettinger will be replaced on Jan. 1, 2025, by Charles Schwab President Rick Wurster. Charles Schwab CEO Walt Bettinger is retiring from his role at the end of December after 16 years leading the brokerage firm, the company announced Tuesday. In a statement, Bettinger cited his 65th birthday next year as a reason to step aside and praised the choice of Wurster. In an interview on CNBC's "Squawk Box," Wurster indicated that there would not be any immediate change in strategy with the CEO handoff.
Persons: Walter, Walt, Bettinger, Charles Schwab, Rick Wurster, Walt Bettinger, Schwab, we've, Wurster, Ameritrade, halve Organizations: Charles Schwab Corp, Global, Schwab Locations: San Francisco , California, U.S
Goldie Hawn, 78, credits good sex as the secret to her long relationship with Kurt Russell. The benefits of sex go beyond relationships: It has been proven to reduce stress and even boost immunity. "You have to have good sex," Hawn, 78, told E! Their blended family also includes Boston Russell, whom Russell welcomed with ex-wife Season Hubley, and Oliver Hudson and Kate Hudson from Hawn's previous relationship with Bill Hudson. AdvertisementReflecting on the decades she spent with Russell, Hawn says it's normal for them to not always have the same perspective on things.
Persons: Goldie Hawn, Kurt Russell, , Hawn, Russell, it's, Wyatt Russell, Boston Russell, Hubley, Oliver Hudson, Kate Hudson, Bill Hudson, Stefani Goerlich, I've, Goerlich Organizations: Service, Disney, Boston, Business Locations: Hawn's
New satellite imagery shows how Russia has continued to add defenses to protect the Kerch Bridge. AdvertisementNew satellite imagery shows how Russia has stepped up its efforts to protect a key bridge from Ukrainian attacks, including its exploding naval drones. An overview of barriers near the Kerch Bridge on September 28. The threat has prompted Moscow to add defenses like the ones at the Kerch Bridge to the key ports of Sevastopol and Novorossiysk. A second Pantsir air-defense system on a tower near the Kerch Bridge on September 28.
Persons: , Brady Africk, Maxar, Vladimir Putin Organizations: Service, Maxar Technologies, Business, Technologies, Fleet, American Enterprise Institute, Ukrainian Navy Locations: Russia, Kerch, Crimean, Crimea, Ukraine, Moscow, Sevastopol, Novorossiysk, Brady, Kyiv
The on-ramp period for student-loan borrowers ended October 1. The Fresh Start program, set to return defaulted borrowers to good standing, ends October 2. AdvertisementA program that protected student-loan borrowers from the consequences of missed payments has come to an end. The on-ramp period was implemented last October to give borrowers some leeway after the over three-year pause on federal student-loan payments ended. With the on-ramp period now over, those consequences are back.
Persons: , Joe Biden, Secretary Miguel Cardona, Pew Organizations: Service, Social Security, Center for American, Secretary, Department, Education Department, Pew Research Center, BI, Higher
'” Kemp told reporters. We will work through the federal process.”Kemp said Biden told him to call directly if he needed any additional resources. "He’s lying, and the governor told him he was lying," Biden told reporters in the Oval Office. The president also said he plans to survey storm damage in North Carolina on Wednesday. Officials in North Carolina were also clear about wanting national politicians to put off prospective visits.
Persons: Donald Trump, Brian Kemp hasn’t, Joe Biden, ” Trump, Kemp, ” Kemp, Biden, Kamala Harris, Trump, we’re, Harris, Roy Cooper, Hurricane Helene, Sean Rayford, Helene, didn’t, Cooper, Trump’s, Elon Musk, , Elon, Scott James Matheson, ” “, , “ We’re, We’ll, we’ll, Matheson, there’s, ” Matheson, nothing’s, John LaHood, ” LaHood, James Burchett, Burchett, hadn’t, ” Harris, Sadie Weiner, Weiner, Anderson Clayton, ” Clayton didn’t Organizations: Georgia Gov, Republican, Democratic, FEMA, North Carolina Gov, Florida Panhandle, NBC News, Federal Emergency Management Agency, SpaceX, Biden, , North Carolina Democratic Party Locations: Valdosta , Georgia, Trump, North Carolina, Valdosta, Ga, Hurricane, Florida, Georgia, Tennessee, Las Vegas, Washington
Originally from Minnesota and a former longtime public school teacher, Gwen Walz has always played a big role in her husband’s political career. First lady of Minnesota Gwen Walz holds a campaign event in support of educators in Augusta, Ga., on Sept. 19. JD Vance took to social media to call out Tim Walz for making earlier references to using IVF. Usha Vance, too, has stepped out to defend JD Vance. Well before JD Vance became a senator and later the Republican vice presidential nominee, Usha Vance has been a longtime partner in his work.
Persons: JD Vance, Tim Walz, Usha Vance, Gwen Walz, Harris, Walz, , , ” Usha Vance, Vance, Usha, Byron, Alec Hernández, , United States ”, Tim Walz's, Hope, Gwen, Minnesota Gwen Walz, Peter Zay, Kamala Harris ’, Doug Emhoff, Trump Organizations: Trump, Republican National Convention, Byron Center, NBC, Fox News, Republican, NBC News, Democratic, United, Secret, laryngitis, Getty, Democratic National Convention, Glamour, Fox, GOP Locations: Minnesota, Milwaukee, Mich, Harbor Springs , Michigan, United States, Pittsburgh, Wisconsin , Michigan, Nevada, The Minnesota, Augusta , Ga, Anadolu, Bethesda , Maryland, Lansing , Michigan, Lansing
ASHEVILLE, N.C. — Everybody sheltering at A-B Tech had a story to tell Monday about surviving Hurricane Helene. Three days after a massive storm swamped this landlocked city, the shelter at Asheville-Buncombe Technical Community College, known locally as A-B Tech, was at capacity with 149 people, including many families, facing an uncertain future together. “This was shocking to everybody,” said James Yulon Ferguson, 52, whose trailer in the nearby community of Swannanoa is now underwater. Ferguson said he had received the warning that Helene was headed toward Asheville, but he “didn’t think it was going to be that bad.”At first, he decided to stay put. But then the storm got a whole lot worse.
Persons: Helene, , James Yulon Ferguson, Ferguson, , ’ ” Organizations: Tech, Community College Locations: ASHEVILLE, N.C, Asheville, Swannanoa
State laws targeting transgender people made trans and nonbinary young people more likely to attempt suicide in the past year, according to a first-of-its-kind study. The study compared suicide-related outcomes for trans and nonbinary young people in those 19 states to the outcomes for trans and nonbinary youth in states that did not enact any such laws. It found that these laws caused an increase in suicide attempts among trans and nonbinary youth by an estimated 7% to 72%. After time periods two and three, which were between December 2019 and December 2020, past-year suicide attempts increased by 72% and 52% for that same age range. She added that the researchers expected that type of misclassification to underestimate the percent increase in suicide attempts.
Persons: Trevor, , Ronita Nath, Jack Turban, , Nath, Turban Organizations: Trevor Project, University of California San, Supreme Locations: , University of California San Francisco, Wyoming, California
California has become the first state in the nation to prohibit school cafeterias from serving foods that contain six artificial dyes tied to health and behavioral problems. Known as the California School Food Safety Act, it outlaws Red 40, Yellow 5, Yellow 6, Blue 1, Blue 2 and Green 3 from the meals, drinks and snacks served at public schools statewide. “We’re feeling really proud of the fact that we are changing the national conversation around food safety,” he said in a phone interview. The International Food Additives Council, a trade organization, said in a statement that state-specific legislation such as the California School Food Safety Act undermines the FDA. Gabriel said he hoped the new California law will prompt more change on the federal level.
Persons: Gavin Newsom, Bill, Jesse Gabriel, haven’t, ” Gabriel, , Newsom, , Gabriel, FDA hasn’t, ” Brian Ronholm, Gabriel . Organizations: Gov, California School Food Safety, Democratic, Food and Drug Administration, Environmental Health, European Union, Centers for Disease Control, FDA, Consumer, Food, California School Food, California Food Safety Locations: California, United Kingdom, United States
SKIP AHEAD What to shop on Prime Day | What to skip shopping on Prime Day | Prime Day v.s. Clothing and footwear: Anything related to fashion typically doesn’t stand out in terms of the best savings during Prime Day, says Shand. How to save the most money during Prime DayPlanning is key to saving during Prime Day. Additionally, Prime card members can earn 10% back or more on select Prime Big Deal Days deals with Amazon’s Prime Card Bonus. I’m an associate updates editor at NBC Select, where I’ve covered Amazon Prime Day for five years.
Persons: Mackenzie Shand, I’ve, Shand, , , they’re, you’re, Vipin Porwal, you’ll, “ You’re, We’ve, it’s, you’ve, Porwal, There’s, TikTok Organizations: Deal, NBC, Echo, Prime, Amazon, Black, Target, Walmart, July’s, Amazon’s, Big Deal, Facebook, Twitter
The move, experts say, isn’t based on medical science but instead on ongoing efforts from anti-abortion advocates to restrict access to abortion medications in states with near-total bans, like Louisiana. During a medication abortion, mifepristone is given first, followed by misoprostol one to two days later. According to the new law, it’s not a crime for a patient to possess the medications if they were prescribed to them. Hospitals don’t need to remove misoprostol from hemorrhage carts, the spokesperson added, or hesitate to administer misoprostol to patients experiencing health emergencies. The testimony “illustrated that easy access to these drugs can be dangerous to pregnant women,” Murrill said in the statement.
Persons: — mifepristone, misoprostol, Jennifer Avegno, , Greg Caudill, ” Avegno, , mifepristone, it’s, Tamika Thomas, Magee, ” Thomas, “ We’re, Avegno, don’t, Liz Murrill, ” Murrill, Roe, Wade, Kaitlyn Joshua, , ’ ” Joshua, Joshua —, , ” Joshua, Lisa Boothby, , ” Boothby, They’ll, Boothby, You’re Organizations: New, New Orleans Health Department, NBC, Louisiana Society of Addiction, Gynecology, Louisiana Department of Health, Louisiana Society of Health, System, Physicians, Louisiana Legislature Locations: Louisiana, New Orleans, America, Baton Rouge
Beloved finger-wagging Hall of Fame center Dikembe Mutombo, one of basketball's most feared shot blockers, died of brain cancer, the NBA announced on Monday. Dikembe Mutombo playing for the Georgetown Hoyas in Landover, Md., on Jan. 1, 1991. The future Hall of Fame coach, who developed future NBA big man Patrick Ewing and had Alonzo Mourning on campus, convinced Mutombo to turn his attention to the hardwood. Mutombo parlayed his Georgetown play into becoming the fourth overall pick of the Denver Nuggets in the 1991 NBA Draft. "Other than what he has accomplished on the basketball court, I think he was even better off the court."
Persons: Mutombo, Dikembe, Mitchell Layton, Marie Mutombo, , Adam Silver, Silver, Mukamba Jean Jacques Wamutombo, John Thompson, Patrick Ewing, Alonzo Mourning, parlayed, Allen Iverson, Kobe Bryant, Shaquille O’Neal, Joel Embiid Organizations: of Fame, NBA, Georgetown Hoyas, Getty, Democratic, NBC News, Georgetown University, Georgetown, Denver Nuggets, Big East Conference, Philadelphia 76ers, Los Angeles Lakers, Kobe, 76ers Locations: Denver , Atlanta, Philadelphia , New Jersey , New York, Houston, Landover, Md, Democratic Republic of Congo, Kinshasa, Cameroon
Israel’s recent attacks on Hezbollah expose weaknesses in Iran’s proxy strategy. Israel’s attacks on Hezbollah exposes weaknesses in Iran’s ‘axis of resistance’In a matter of weeks, Israel has dealt devastating blows to Iran’s most important proxy, Hezbollah. For Iran, Hezbollah was supposed to be the cornerstone of its strategy to outflank superior adversaries, such as Israel, with armed proxies. But Iran’s strategy, dubbed the “axis of resistance,” underestimated how Israel would respond to the Hamas terrorist attack of Oct. 7 and subsequent cross-border rocket fire from Hezbollah. Helene leaves a trail of destruction in the SoutheastThe devastation from Helene came into clearer view over the weekend, with residents in the Southeast reeling from the storm’s impact.
Persons: Helene, Derrick Henry, Hezbollah’s, Hassan Nasrallah, , , Bruce Hoffman, , they’ve, Nelson Mandela, Marwan Barghouti, Sheriff Quentin Miller, Ron DeSantis, Donald Trump, Stephanie Scarbrough, eason, alf Organizations: Baltimore Ravens, NFL, Israel, U.S, Sheriff, Tennessee Bureau of Investigation, Gov, NBC, NFL Baltimore, Ravens, Buffalo Bills, , Kansas City Chiefs, Minnesota Vikings, Seattle Seahawks, Kansas City, Seattle, Detroit Lions Locations: Florida, North Carolina, Israel, Iran, Gaza, Iraq, Syria, Yemen, Tehran, Buncombe County, Asheville, Tennessee, Valdosta , Georgia, Los Angeles . Minnesota, Green
His supporters have dubbed Marwan Barghouti the “Palestinian Nelson Mandela” in the hope that after more than two decades behind bars, he can emulate the late South African leader and make the journey from prisoner to national unifier. At that time, Palestinian militants carried out deadly suicide bombings and shootings inside both Israel and the Palestinian territories, targeting buses, restaurants and hotels. “He’s someone who creates something out of nothing, and he believes in education for the Palestinian people,” Arab Barghouti added. Palestinian protesters wave flags and placards bearing portraits of Fatah leader Marwan Barghouti in 2015. “Ami Ayalon and others have said Marwan Barghouti may be the one leader who can be an effective partner for peace,” he said.
Persons: Yasser Arafat, Marwan Barghouti, Nelson Mandela ”, Ami Ayalon, Mahmoud Abbas, Yahya Sinwar, , , Arab, Barghouti, Father Germanos, masterminding, Arafat, Fatah, William Campbell, Marco Longari, Abbas, ” Mira Al, he’s, Osama Hamdan, Abbas Momani, Ayalon, Shin, I’m, Sen, Chris Van Hollen, “ Ami Ayalon, Israel, Gilad Shalit, They’re, Benjamin Netanyahu’s, Barghouti’s, Fadwa, ‘ I’m, Organizations: Bank, West Bank, Palestinian Center, Policy, Survey Research, Hamas, American Embassy, NBC News, U.S . Office, Palestinian Affairs, Prosecutors, European Council, Foreign Relations, Brigades, Fatah, ., , Getty, West, Palestinian Authority, State Department, Senate Foreign Relations, NBC, National Organization of Locations: RAMALLAH, Jerusalem, Ramallah, Israel, Gaza, American, Tel Aviv, Fatah, West Bank, Kobar, Aqsa, AFP, Palestinian, East Jerusalem, , Palestine
And then there was Chandni Chowk, built as a part of Emperor Shah Jahan’s new capital Shahjahanabad - or Old Delhi as it later became. His ancestor, he says, was appointed the first municipal commissioner of Old Delhi. Knotting history and faithIt isn’t only multiple eras of history that intertwine here in this sliver of Old Delhi. Originally built in the 1600s, the temple was renovated with red sandstone in 1878, giving it the nickname the Red Temple. Rickshaw pullers rest along a street in Chandni Chowk, Old Delhi, India on August 6, 2023.
Persons: Chandni Chowk, Emperor Shah Jahan, Ajay Parshed, Parshed, Chandni, , Chunna Mal, Aishwarya S, Iyer, he’s, , ” Parshed, Khan, Jama, Emperor Shah Jahan’s, Chunna, “ Chunna Mal, Jain, Gauri Shankar, who’ve, Rameen Khan, ” Khan, Sheetal Saxena, Shiva, Pradeep Dambarage, Nader Shah, Dilip Saxena, Saxena, “ Will Organizations: CNN, Mahal, Central Baptist Church Locations: Delhi, Chandni, Agra, British, Old Delhi, , Chandni Chowk, India, Golden,
Trump has frequently gone after Harris in personal terms, often based on her race and gender. On Sunday, Trump doubled down, saying: "Crooked Joe Biden became mentally impaired — sad. The Harris campaign did not immediately respond to a request for comment on Trump's remarks on Sunday. In a statement about Trump's rally Saturday, Harris campaign spokesperson Sarafina Chitika said Trump has "nothing ‘inspiring’ to offer the American people, just darkness." Some Republicans also pushed back against Trump's comments on Saturday.
Persons: Donald Trump, Kamala Harris, Trump, Harris, Harris “, Mark Zuckerberg, ” Harris, Dustin Franz, Joe Biden, , Kamala, Steven Cheung, Biden, Sarafina Chitika, , Trump's, Tom Emmer, Sen, Lindsey Graham, Larry Hogan, ” Hogan, Jake Traylor, Megan Lebowitz Organizations: Sunday, Democratic, Facebook, Getty, NBC, Trump, Immigration, Customs, Department of Homeland Security, NBC News, Republicans, ABC News, CNN, Former Maryland Gov, Republican, Senate, CBS Locations: ERIE, Pa, , U.S, quashing, United States, Mexico, Bayfront, Erie, AFP, Wisconsin, Maryland, Washington
Iran vows revenge over Nasrallah's deathIsraeli forces killed Hassan Nasrallah, the leader of the militant and political group Hezbollah, in a large-scale attack in Beirut on Friday. Ukrainian President Volodymyr Zelenskyy visited the U.S. last week for meetings with Trump, President Joe Biden and Vice President Kamala Harris. The ride-or-die fans of historically bad White SoxSights, scenes and snacks at the Los Angeles Angels-vs.-Chicago White Sox game at Guaranteed Rate Field in Chicago on Tuesday. Akilah Townsend for NBC NewsWith Friday's loss, the Chicago White Sox broke the record for the most losses in a Major League Baseball season. Leading up to the historic 121st loss, NBC News spoke with loyal White Sox fans whose support has not wavered despite the team's bad season.
Persons: Hassan Nasrallah, Vahid, Benjamin Netanyahu, Nasrallah, Abbas Nilforoushan, Abbas Aragchi, Israel, Yemen’s Ras Issa, Helene, Hurricane Helene, Joe Biden, Roy Cooper, Sheriff Quentin Miller, Kamala Harris, Donald Trump, Harris, Joe Biden’s, Press Sen, Marco Rubio, Biden, Trump, ” Rubio, Kristen Welker, Volodymyr Zelenskyy, Eric Adams, Sarah McBride, Akilah Townsend, I'm, Lance Norton, Mori, Tom Carpenter, , Rashee Rice, Ashley Landis Organizations: Hezbollah, Israeli, Islamic Revolutionary Guard Corps, Iranian, U.S ., Israel Defense Forces, NBC, Sheriff, Tennessee Bureau of Investigation, , NBC News, Telemundo, CNBC, Democratic, NBC News ’, Party, Press, U.S, Trump, New York, Republicans, Sox, Los Angeles Angels, Chicago White Sox, Major League Baseball, 121st, White Sox, American Pet Products Association Locations: Beirut, Iran, Lebanon, U.S, Hurricane, Florida, North Carolina, Buncombe County, Tennessee, Austria, Russia, Ukraine, Chicago
Many cited soft skills, including having patience and the ability to speak with different people. And yet, those we consider pioneers and leaders in the tech, finance, and business industries almost always respond with soft skills. In October 2023, Business Insider's Tim Paradis reported that soft skills have become increasingly in demand in the years following the COVID-19 pandemic. AdvertisementIn short, it's young professionals who'll be setting the standard of success at work for years to come. Here's what they said — and how their answers reflect qualities business leaders also emphasize.
Persons: , Warren Buffett, Mark Zuckerberg, it's, Tim Cook, there's, Tim Paradis, Norman Bacal, Paradis, millennials, Glassdoor, Amanda Hoover, who'll, Gen Zers Organizations: Service, Labor Statistics Locations: NYC
AdvertisementThe large-cap real estate sector benefits from Wall Street's massive investment in data centers, a necessary infrastructure component of the artificial intelligence buildout. AdvertisementIn Subramanian's view, part of the appeal of value sectors is the high dividends they offer. As the Fed's cutting cycle pulls down short-term yields, money market investors will search for new sources of income. She previously noted that dividend yields are especially alluring in real estate. Since 2008, real estate dividends has doubled the proportion of high-quality market cap.
Persons: they're, Subramanian, , Savita Subramanian, BofA's, BofA, Scott Chronert Organizations: Bank of America, Service, CNBC, Bloomberg Locations: China, Beijing
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