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AdvertisementTariffs are finally in play on cheap solar imports from Asia after a two-year moratorium on the restrictions expired on Thursday. In 2023, the Department of Commerce determined that Chinese solar was making its way into the US duty-free, despite tariffs on imports from the country. But this gave way to a flood of cheap imports, causing solar prices to crater last year. Meanwhile, solar shipments from Southeast Asian producers have not slowed, and accounted for 87.5% of US module imports in the first quarter, S&P Global said. The tariffs could eventually bring upside for US producers, and Carr indicates that a 25%-30% price correction for solar modules could materialize.
Persons: , Mike Carr, Carr, David Feldman Organizations: Service, Solar Energy Manufacturers of America, Department of Commerce, P Global, National Renewable Energy Laboratory, Reuters, Commerce Department Locations: Southeast Asia, Asia, China
Last fall, Harvard University’s leadership found itself at the center of a highly public, highly charged fight about taking an official institutional position in connection with the Oct. 7 Hamas attack on Israel and the war in Gaza. First, critics denounced the school for being too slow to issue a statement on the matter. One of the many sources of confusion at the time was that Harvard, like many other universities, did not have a formal policy on when and whether to issue official statements. In the absence of a policy, Harvard not only had to figure out what to say or not say; it also had to deal with the perception that not issuing a statement, or not issuing one fast enough, would in effect be a statement, too. The report recommends a policy based on both principle and pragmatism, one that we hope can enable Harvard — and any other school that might consider adopting a similar policy — to flourish in our highly polarized political era.
Persons: Claudine Gay Organizations: Harvard Locations: Israel, Gaza
Whales Have an Alphabet
  + stars: | 2024-05-24 | by ( Michael Barbaro | Carl Zimmer | Alex Stern | ) www.nytimes.com   time to read: 1 min
Ever since the discovery of whale songs almost 60 years ago, scientists have been trying to decipher the lyrics. But sperm whales don’t produce the eerie melodies sung by humpback whales, sounds that became a sensation in the 1960s. Instead, sperm whales rattle off clicks that sound like a cross between Morse code and a creaking door. Carl Zimmer, a science reporter, explains why it’s possible that the whales are communicating in a complex language.
Persons: Carl Zimmer
Across the United States, more frequent extreme weather is starting to cause the home insurance market to buckle, even for those who have paid their premiums dutifully year after year. Christopher Flavelle, a climate reporter, discusses a Times investigation into one of the most consequential effects of the changes.
Persons: Christopher Flavelle Locations: United States
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWalmart looks well positioned for consumer environment, says Telsey's Joe FeldmanJoe Feldman, Telsey Advisory Group senior managing director, on the anatomy of the consumer in the retail sector.
Persons: Telsey's Joe Feldman Joe Feldman Organizations: Walmart, Telsey, Group
Donald Trump upended decades of American policy when he started a trade war with China. Many thought that President Biden would reverse those policies. Instead, he’s stepping them up. Jim Tankersley, who covers economic policy at the White House, explains.
Persons: Donald Trump, Biden, Jim Tankersley Organizations: White Locations: China
A Plan to Remake the Middle East
  + stars: | 2024-05-08 | by ( Michael Barbaro | Michael Crowley | Nina Feldman | ) www.nytimes.com   time to read: 1 min
If and when Israel and Hamas reach a deal for a cease-fire, the United States will immediately turn to a different set of negotiations over a grand diplomatic bargain that it believes could rebuild Gaza and remake the Middle East. Michael Crowley, who covers the State Department and U.S. foreign policy for The Times, explains why those involved in this plan believe they have so little time left to get it done.
Persons: Michael Crowley Organizations: Hamas, State Department, The Times Locations: Israel, United States, Gaza
The best strategy for tackling those moments of stress actually involves some preparation: Highly successful people get ahead of their unsteadiness with a key mindset shift, according to Lisa Feldman Barrett, a neuroscientist, author and psychology professor at Northeastern University. They don't see stress as something bad to be overcome, but instead as something natural that can be managed. Instead, she recommends doing exercises beforehand to practice doing what unnerves you, and to help train yourself to understand and handle the stress differently. "It's a shift from making the sensation go away to getting better at performing while I'm feeling the sensation," he said. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.
Persons: Lisa Feldman Barrett, Barrett, Wharton, Adam Grant's, Ted, Grant, speck, ted Organizations: Northeastern University, CNBC
The Protesters and the President
  + stars: | 2024-05-03 | by ( Michael Barbaro | Jonathan Wolfe | Peter Baker | ) www.nytimes.com   time to read: 1 min
Warning: this episode contains strong language. Over the past week, students at dozens of universities held demonstrations, set up encampments and, at times, seized academic buildings. In response, administrators at many of those colleges decided to crack down and called in the local police to detain and arrest demonstrators. As of Thursday, the police had arrested 2,000 people across more than 40 campuses, a situation so startling that President Biden could no longer ignore it. Jonathan Wolfe, who has been covering the student protests for The Times, and Peter Baker, the chief White House correspondent, discuss the history-making week.
Persons: Biden, Jonathan Wolfe, Peter Baker Organizations: The Times, White House
It's the busiest week of the earnings season, and it could have major consequences for the stock market. This quarter: The fast-food giant is expected to report single-digit earnings and revenue growth from the year-earlier period, LSEG shows. Amazon is set to report earnings after the close. What history shows: Pfizer earnings beat earnings expectations 87% of the time, per Bespoke. Thursday Apple is set to report earnings after the bell.
Persons: Jeffrey Bernstein, Bernstein, JPMorgan's Andrea Teixeira, Teixeira, AMZN, Joseph Feldman, Feldman, AAPL, , Apple Organizations: Apple, Pfizer, IBM, CNBC, Barclays, Investment, Management, AWS, Amazon, pharma, Food and Drug Administration, UBS Locations: China
Listen and follow The DailyApple Podcasts | Spotify | Amazon MusicWhen the Hollywood producer Harvey Weinstein was convicted of sex crimes four years ago, it was celebrated as a watershed moment for the #MeToo movement. Yesterday, New York’s highest court of appeals overturned that conviction. Jodi Kantor, one of the reporters who broke the story of the abuse allegations against Mr. Weinstein in 2017, explains what this ruling means for him and for #MeToo.
Persons: Harvey Weinstein, Jodi Kantor, Weinstein Organizations: Spotify, Hollywood, New
Selena Gomez wore an outfit worth nearly $23,000 at the Time100 Summit in New York on Wednesday. She attended the event to talk about her makeup brand, Rare Beauty, which is valued at $2 billion. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The "Only Murders in the Building" star visited New York City on Wednesday to attend the annual Time100 Summit. And all the while, she stunned in her luxurious, business-ready outfit — which retails for nearly $23,000.
Persons: Selena Gomez, , Lucy Feldman Organizations: Service, New, Business Locations: New York, New York City
Listen and follow The DailyApple Podcasts | Spotify | Amazon MusicColumbia University has become the epicenter of a growing showdown between student protesters, college administrators and Congress over the war in Gaza and the limits of free speech. Nicholas Fandos, who covers New York politics and government for The Times, walks us through the intense week at the university. And Isabella Ramírez, the editor in chief of Columbia’s undergraduate newspaper, explains what it has all looked like to a student on campus.
Persons: Nicholas Fandos, Isabella Ramírez Organizations: Spotify, Amazon Music Columbia University, The Times Locations: Gaza, New York
Listen and follow The DailyApple Podcasts | Spotify | Amazon MusicThe outbreak of bird flu currently tearing through the nation’s poultry is the worst in U.S. history. Scientists say it is now spreading beyond farms into places and species it has never been before. Emily Anthes, a science reporter for The Times, explains.
Persons: Emily Anthes Organizations: Spotify, The Times
CNN —Several Russians poured dye into ballot boxes in protest as the three-day presidential vote got underway, near certain to extend Vladimir Putin’s long grip on power. But videos released Friday from several polling stations across Russia showed protesters pouring what authorities described as dye into ballot boxes to spoil the votes cast. CCTV video from a polling station in Moscow showed a young woman pouring what appeared to be green dye into a ballot box. She was immediately detained and faces criminal charges for obstructing the election, according to Russian state media RIA Novosti. In St. Petersburg, Putin’s hometown, a woman threw a Molotov cocktail at the signboard of a polling station in the Moskovsky district, RIA reported.
Persons: Vladimir, Putin, Alena Bulgakova, Bulgakova, Putin’s, Molotov, Ella Pamfilova, , Alexey Navalny, Evgeny Feldman, Navalny, , Navalny’s, Yulia Navalnaya Organizations: CNN, Novosti, Kremlin, Russian Civic Chamber Locations: Russia, Ukraine, Moscow, Voronezh, Rostov, Karachay, St . Petersburg, Moskovsky
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJapan is facing 'major, major' demographic issues, says Morgan Stanley economistRobert Feldman, chief economist at Morgan Stanley MUFG Securities, says Japan's social and medical policies will be "critical" in addressing the issue.
Persons: Morgan Stanley, Robert Feldman, Morgan Organizations: Japan, Morgan Stanley, Securities
Composer, Uninterrupted: Christian Wolff at 90
  + stars: | 2024-03-02 | by ( Steve Smith | ) www.nytimes.com   time to read: +1 min
If artistic stature worked by osmosis, Christian Wolff could claim greatness based on that alone. “My father met Brahms,” he said, easing into conversation at a sturdy wooden table in the dining room of his Hanover, N.H., home. Wolff’s father was 6 or 7. Wolff’s grandfather, a violinist, conductor and professor, knew Brahms personally and professionally, he said. Wolff, who turns 90 on Friday, is associated with a different pantheon.
Persons: Christian Wolff, , Brahms, , Clara Schumann’s, Wolff’s, Robert Schumann, Wolff, John Cage, Morton Feldman, Earle Brown, David Tudor, Merce Cunningham, John Ashbery, Jasper Johns, Robert Rauschenberg Organizations: New York School Locations: Hanover, N.H, Bonn, Germany, New York
High grocery prices helped scuttle the dealInflation at the grocery store loomed over the proposed merger. Over the past four years, grocery prices have risen significantly,” the FTC said in its lawsuit. Kroger had committed to invest $500 million in lower prices and $1.3 billion to improve Albertsons’ stores if the merger cleared. Yet consolidation in the grocery sector is growing, and small grocery stores are struggling. Traditional grocery stores have also lost ground to Walmart, Costco, dollar stores and online retailers during that span.
Persons: it’s, Kroger, Ash, , ” Greg Ferrara, Joe Biden, Lina Khan, Khan, Marc Perrone, ” Sen, Elizabeth Warren, ” Joe Feldman Organizations: New, New York CNN, Kroger, Albertsons ’, Albertsons, Walmart, FTC, Bureau of Labor Statistics, Albertsons Cos, Safeway, Bloomberg, Getty, Agriculture Department, Costco, Independent, National Grocers Association, Meta, Microsoft, Unions, Democrats, Food, Commercial Workers ’, , Top Democratic, Twitter, Aldi, Activision, Telsey Advisory Locations: New York, Scottsdale , Arizona
But the truth is, Hollywood loves influencers — and they're probably here to stay. AdvertisementAt the People's Choice Awards on Sunday, Billie Eilish inadvertently brought discourse about influencers at awards shows and on red carpets to a boiling point. Outrage — or minimally, discomfort — with influencers and TikTokers on red carpets and awards shows isn't new. But now, influencers have become even more entrenched in the celebrity world, cropping up frequently as guests, presenters, and content creators at awards shows and premiere events. If it didn't, awards shows wouldn't be inviting them.
Persons: Billie Eilish, influencers —, they're, , Kylie Minogue, Bryce Hall, James Charles, Tana Mongeau, Harry Daniels, Billie Eilish stan, Eilish, Daniels, harry daniels @harry.daniels, ruth i s,, ike Organizations: Service
On Monday, just three days after her husband’s death, Yulia Navalnaya rebranded herself as a political force, vowing to pick up where her husband left off. And yet for those left, Navalny’s death has created some momentum to keep trying. The man who put Nadezhdin forward, Civic Initiative party leader Andrey Nechaev, a former economy minister in the 1990s, denies there’s no functioning opposition left. On Saturday, the Lithuanian foreign minister Gabrielus Landsbergis posted a photo of himself with Khodorkovsky, Kasparov, and another exiled former Russian opposition politician Dmitry Gudkov. “We shouldn’t overestimate the spread of opposition ideas, opposition moods in Russian society,” says Bondarev.
Persons: Alexey Navalny, “ You’re, Navalny’s, Yulia, Yulia Navalnaya, , , Putin, Alexey, ” Yulia Navalnaya, Boris Bondarev, ” Bondarev, Navalnaya, ” Navalny, Grigory Yavlinsky, Yavlinsky, Ilya Yashin, Navalny, Vladimir Kara, Murza, Mikhail Khodorkovsky, Garry Kasparov, Russia’s, Boris Nadezhdin, Andrey Nechaev, Nechaev, Boris Nemtsov’s, Evgeny Feldman, ” Khodorkovsky, Gabrielus Landsbergis, Khodorkovsky, Kasparov, Dmitry Gudkov, , Putin’s Organizations: CNN, CNN Films, Navalnaya, Munich Security, Corruption, Putin, Civic Initiative Locations: Tomsk, Germany, Russian, Ukraine, Brussels, Russia, British, Moscow, Kirov , Russia, Lithuanian
AdvertisementAlexey Navalny, a dissident and the political nemesis of Russian President Vladimir Putin, spent the past few years of his life behind bars but still managed to stay connected to the outside world. In a letter sent to a friend, a photographer named Evgeny Feldman, Navalny said former President Donald Trump's agenda for a second term was "really scary," according to the Times. He said if President Joe Biden were to have a health issue, "Trump will become president," adding: "Doesn't this obvious thing concern the Democrats?" The journalist Sergei Parkhomenko said he received a letter from Navalny on February 13, a few days before Navalny's death was announced. Trump, for his part, didn't mention Navalny in the days after his death, despite condemnations from other leaders who directly blamed Putin.
Persons: Alexey Navalny, Vladimir Putin, who'd, Evgeny Feldman, Navalny, Donald Trump's, Joe Biden, Trump, Feldman, didn't, Sergei Parkhomenko, Parkhomenko, Chekhov, Putin, Alexei Navalny Organizations: The New York Times, Times, Trump, Business, IK, The Times, Facebook, Prosecutors Locations: Moscow, Navalny, Russia
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCostco is still a winner, even in a higher unemployment environment, says Telsey's Joe FeldmanJoe Feldman, Telsey Advisory Group, joins 'Fast Money' to talk what is ahead for retail earnings.
Persons: Telsey's Joe Feldman Joe Feldman Organizations: Costco, Telsey Advisory
Munchausen syndrome by proxy, also known as fabricated or induced illness (FII), is a form of child abuse that grabbed headlines late last year following the release of Gypsy Rose Blanchard from prison. Blanchard served eight years after being convicted for her role in the murder of her mother, Clauddine "Dee Dee" Blanchard. "I just wanted out of my situation, and I thought that was the only way out," Gypsy Rose Blanchard said in an interview on Good Morning America following her release. Gypsy Rose Blanchard attends "The Prison Confessions Of Gypsy Rose Blanchard" Red Carpet Event on January 05, 2024 in New York City. Dee Dee Blanchard and Gypsy Rose Blanchard.
Persons: , Rose Blanchard, Blanchard, Dee Dee, Jamie McCarthy Hope, Hope, Beatrice Yorker, Marc Feldman, Andrea Dunlop, Dunlop, Rod Blanchard, Dee Dee's, Dee Dee Blanchard, Gypsy Rose Blanchard, Feldman, Emma Milne Organizations: National Health Service, Service, America, Business, National Library of Medicine, California State University, Los Angeles's College of Health, BuzzFeed, University of Durham Locations: New York City
Morgan Stanley's $47 per share price target on Ally Financial implies nearly 32% upside from Wednesday's $35.68 close. The analyst reiterated an overweight rating on Disney stock alongside a $110 per share price target, or about 11% upside moving forward. Feldman his buy rating on Disney and a $120 per share price target, implying more than 21% ahead. Bank of America also reiterated a buy rating on Disney stock, and stood by its $110 per share price target. Shares have outperformed peers thanks to a strong revenue and earnings per share outlook in the company's fourth-quarter earnings report.
Persons: Morgan Stanley, Morgan Stanley's, Jeffrey Adelson, Michael Rhodes, Adelson, — Brian Evans, Goldman Sachs, Eric Sheridan, Brian Evans, Disney's, Disney, Benjamin Swinburne, Brett Feldman, Feldman, Jessica Reif Ehrlich Organizations: CNBC, American, Ally, Discover Financial, Wall, Disney, Epic, Bank of America, American Express Locations: Roblox
Costco and TJX Companies should be able to manage the emerging transition to deflation by leveraging their deep value propositions to get customers to buy more. Average sale prices on other items like TVs have been lower while unit sales have gone higher. Membership fee revenue is some of the glue that allows Costco to keep prices so low. Costco can boost sales in either scenario by "encouraging its members to buy more items to get more savings," Feldman said. Like Costco, Feldman said the off-price retailer would need to increase revenue either through price or number of units.
Persons: won't, Joe Feldman, Jim Cramer, Rich Galanti, Galanti, Feldman, It's, They'll, Jefferies, TJX, We'll, Jim Cramer's, Jim, Robert Nickelsberg Organizations: Costco, TJX, Marshalls, Federal, Fed, Telsey Advisory, Kirkland, CNBC, Costco Wholesale, Getty Locations: Maxx, stoke, TJX, Colchester , Vermont
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