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☆ Is America ready for a $400 pineapple? Luxury fruit is now a thing
▼ + stars: | 2024-05-19 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +9 min

The Rubyglow pineapple –— bred for its distinctive red exterior and its sweetness — costs $395.99 at Melissa’s Produce, a California-based seller of specialty fruit and veggies. It took Del Monte, a wholesaler which sells a variety of produce but specializes in pineapple, a decade and a half to develop the red-hued fruit. And yet, there’s interest in premium fruit — enough to convince Del Monte to bring the Rubyglow, which is grown in Costa Rica, stateside. Courtesy Fresh Del MonteThe Pinkglow was never supposed to be a grocery list staple, said Melissa Mackay, VP of marketing in North America at Del Monte. Melissa’s started with 50 pineapples, according to Robert Schueller, director of public relations at Melissa’s Produce.

Persons: Del, ”, Cindy van Rijswick, “ there’s, Cotton Candy, McIntosh, Jim Luby, Patrick T, Fallon, Luby, Lane Turner, Oishii, Hiroki Koga, Jerod Harris, Melissa Mackay, “, It’s, Melanie Zanoza Bartelme, pricey, Hailey, Strawberry, it’s, Melissa’s, Robert Schueller, ” Schueller, Bo Corley, ” Corley, Corley Organizations: New, New York CNN, “, University of Minnesota, Getty, Rabobank, Citrus, Boston Globe, Vox Media, Del, Mintel, Melissa’s Locations: New York, California, Del Monte, China, United States, America, Costa Rica, AFP, Minnesota, Beverly Hills , California, North America, Erewhon, Angeles, Las Vegas, Southern California

☆ 'The Pillowcase Murders': What happened to Billy Chemirmir? Authorities say he killed 22 older women in 2 years.
▼ + stars: | 2024-05-17 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +4 min

Read preview"The Pillowcase Murders" puts the convicted murderer Billy Chemirmir in the spotlight. The Paramount Plus docuseries details how authorities accused him of killing 22 older women between 2016 and 2018, though he was only found guilty of two murders. Chemirmir attacked women living in nursing homes and senior living communities in Texas, prosecutors alleged. AdvertisementHe posed as a maintenance man to gain entry into the building and then used pillows to smother his victims, prosecutors said. AdvertisementAccording to press releases from prosecutors, Chemirmir was ultimately accused of killing 13 women in Dallas County and 9 in Collin County.

Persons: —, Billy Chemirmir, Chemirmir, Mary Bartel, Lu Thi Harris, Mary Brooks Billy Chemirmir, Tom Fox, Mary Brooks, Prosecutors, Wyatt Busby, Shannon Dion Organizations: Service, Paramount, Netflix, Business, NBC, Dallas, Dallas Morning News, Coffield Unit, Associated Press, Guardian, Texas, Fox Locations: Texas, Fort Worth, Dallas County, Collin County, Anderson County, Dallas

☆ DuPont stock hits new high after an analyst's upgrade — why we're not buyers here
▼ + stars: | 2024-05-17 | by ( Morgan Chittum | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. It's a "muted market," said Jim Cramer, where "there's not much happening in any single place." DuPont de Nemours stock jumped over 2% after Jefferies analysts upgraded the materials name to a buy from hold rating. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

Persons: Jim Cramer, Jim, Jim Cramer's Organizations: CNBC, Dow, Nasdaq, DuPont de Nemours, Jefferies, DuPont, Palo Alto Networks, Street Locations: It's, Thursday's, Palo, Palo Alto

☆ ‘The Secret Is Out’: Joan Vassos Is the First ‘Golden Bachelorette’
▼ + stars: | 2024-05-14 | by ( Callie Holtermann | More About Callie Holtermann | ) www.nytimes.com time to read: +1 min

It has only been a month since the storybook ending of “The Golden Bachelor,” ABC’s buzzy spinoff of “The Bachelor,” featuring cast members 60 and up, got a divorce-announcement epilogue. But ABC is giving the dating franchise another chance at love. Joan Vassos will be the first “Golden Bachelorette” in a new season of the reality dating show this fall. Ms. Vassos, a 61-year-old school administrator from Rockland, Md., was a contestant on the inaugural season of “The Golden Bachelor” last year. She chose to leave the show during its third week because her daughter was experiencing health problems soon after giving birth.

Persons: ”, Joan Vassos, Ryan Seacrest, Vassos, Gerry Turner, Ms, Turner Organizations: ABC Locations: Rockland, Md

☆ OpenAI chief Sam Altman just showed he has what Tim Cook really wants — but Apple still has one big advantage
▼ + stars: | 2024-05-13 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +3 min

Read previewAfter OpenAI unveiled its latest ChatGPT iteration, one tech executive is probably super jealous: Apple's Tim Cook. as you do with Apple's assistant. The comparisons to the female voice assistant from the movie "Her" were so obvious even OpenAI CEO Sam Altman tweeted about it. OpenAI clearly has made a voice assistant chatbot that is way more advanced than Siri currently is, and Tim Cook must be sweating a little. But Apple still has a big advantage whenever it updates Siri with an AI makeover: It's already the voice assistant on your iPhone — and that's huge.

Persons: —, OpenAI, Tim Cook, Siri, Alexa, Mira Murati, It's, Sam Altman, Apple's Siri, it's, Amazon's, chatbot Organizations: Service, Business, Apple, New York Times, Spotify Locations: ChatGPT

☆ The 11 best things stream this weekend, from a new Netflix romcom to a restored Beatles doc
▼ + stars: | 2024-05-10 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +1 min

A new Netflix romcom starring Brooke Shields is streaming now. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Buzzy indies "Eileen" and "The Iron Claw" are newly streaming. Meanwhile, over on Netflix, Brooke Shields leads a new rom-com opposite Chad Michael Murray and Benjamin Bratt. Here's a complete rundown of all the best movies, shows, and documentaries to stream this weekend, broken down by what kind of entertainment you're looking for.

Persons: Bodkin, Brooke Shields, —, Eileen, Chad Michael Murray, Benjamin Bratt Organizations: Netflix, Hollywood, Service, Buzzy

☆ An OpenAI rival says its new AI model is not only cheaper to run than GPT-4, but it's also more useful
▼ + stars: | 2024-05-09 | by ( Tom Carter | ) www.businessinsider.com time to read: +6 min

Read previewOpenAI rival Cohere has unveiled an updated AI model it says is more useful and cheaper to run than GPT-4. The AI startup says it is rolling out the ability to fine-tune its Command R AI model, allowing it to outperform larger models like GPT-4 in some use cases while costing up to fifteen times less to operate. Similarly, when analyzing financial data Command R was 6.2% more accurate than GPT-4 and 5.3% more accurate than Claude. AdvertisementCohere said that as Command R, which initially launched in March, is significantly smaller than the likes of GPT-4, it costs much less to run. Related storiesFine-tuning on the Command R model is available on Cohere's platform from Thursday, with availability on other platforms coming in the near future.

Persons: —, Cohere, Nick Frosst, Claude Opus, Claude, Mark Zuckerberg, Sam Altman, Altman, they're, Frosst, It's, Emad Mostaque, Mustafa Suleyman, We're Organizations: Service, Business, Amazon, GPT, Command, Meta, Intelligence, Stanford University, Cohere, Big Tech, Stability, Microsoft Locations: GPT, Toronto

☆ What Happens When a Happening Place Becomes Too Hot
▼ + stars: | 2024-05-09 | by ( Elisabetta Povoledo | Alessandro Grassani | ) www.nytimes.com time to read: +1 min

Packed bars with carousing revelers spilling onto clogged streets. Takeaway booze swigged by drunken tourists and students. Earsplitting volumes in once quiet residential neighborhoods long after midnight. It will go into effect next week and be in force until Nov. 11. Outdoor seating for restaurants and bars will also end at 12:30 a.m. on weekdays, and an hour later on weekends, so that people who want to party longer will have to do so indoors.

Locations: “

☆ 3 reasons why Wall Street is playing Roblox again
▼ + stars: | 2024-05-08 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +6 min

CNN —Many adults heard the phrase “Robux” for the first time last holiday season when the virtual currency of gaming platform Roblox landed on the top of most wish lists. And it will have to prove to Wall Street there’s more growth up ahead. In its fourth quarter of 2023, Roblox revenue was $750 million, up 30% year-over-year – but had a net loss of $323.7 million. Like Fortnite, Roblox is also moving ahead with a“payout to creators” business model. “It’s clear that [Roblox] intends to go after younger gamers in 2024 and 2025,” Ward said.

Persons: ”, Roblox, Matilda Beinat, Lindsey Nicholson, UCG, David Baszucki, Ralph Lauren, Mike Proulx, Forrester, “, ” Proulx, Michael Nagle, ” Beinat, Lewis Ward, ” Ward, Ward Organizations: CNN, Investors, ABI Research, “, Gaming Center, Costco, Brookhaven RP, Nike, Walmart, New York Stock Exchange, Bloomberg, Getty, Apple’s, IDC, Disney, Pixar, Marvel, Star Wars Locations: Asia, Roblox, New York, Fortnite

☆ Blackstone says the real-estate market is bottoming. Here are 7 ways it's getting ahead of the situation.
▼ + stars: | 2024-05-08 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +2 min

This story is available exclusively to Business Insider subscribers. We found the firm has been spending on distressed real estate, such as its purchase of loans from the FDIC after the failure of Signature Bank, as well as investments in buzzy real estate, like data centers. In a January earnings call, Blackstone president Jonathan Gray announced that commercial real estate, which recently suffered its biggest price declines in half a century, could soon hit bottom. "While it will take time, we can see the pillars of a real estate recovery coming into place." Here are the 7 recent real estate and real-estate-adjacent deals that show how Blackstone is trying to get ahead of the CRE bottom in chronological order.

Persons: Jon Gray, Blackstone, Gray, Jonathan Gray Organizations: Business, Signature Bank

☆ 3 biggest mistakes people make when trying to improve their gut health, according to a gastroenterologist
▼ + stars: | 2024-05-05 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +4 min

Read previewA gastroenterologist shared the three biggest mistakes people make when trying to take care of their gut health. So don't try to out-supplement a bad diet," Bulsiewicz said. "Have your healthy food, with lots of fiber and a diversity of plants, and then compliment that with supplements." But that isn't necessarily true — you could have eaten more of that food than your gut could handle, or most likely, it's because you don't have a healthy gut microbiome, Bulsiewicz said. Advertisement"The healthy foods that cause those symptoms are, in fact, the foods that you probably need the most" to increase gut microbiome diversity, Bulsiewicz said.

Persons: —, Will Bulsiewicz, ZOE, Bulsiewicz Organizations: Service, Business, BI

☆ Here's how much money you'd have lost if you invested $1,000 in Peloton when it went public
▼ + stars: | 2024-05-03 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +2 min

As the company searches for a new CEO, Peloton Chairperson Karen Boone and Peloton Director Chris Bruzzo will serve as interim co-CEOs. How much you'd have if you invested $1,000 in PelotonPeloton has come a long way from when the company was founded in 2012. If you had invested $1,000 in Peloton in 2019, 2021 or 2023, here's how much it would be worth now. CNBC's calculations are based on the company's May 2 closing share price of $3.13. And if you had invested $1,000 in Peloton in 2019 when it first went public, your investment would have decreased by about 89% and be worth about $108 as of May 2.

Persons: it's, Barry McCarthy, John Foley, He'll, Karen Boone, Chris Bruzzo Organizations: Interactive Locations: New York

☆ Where Reena Virk's attackers, the 'Shoreline Six,' are 30 years after her murder depicted in 'Under the Bridge'
▼ + stars: | 2024-05-01 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +4 min

Nicole Cook started the assault, which ended in two others killing Virk. Nicole Cook started the attack by putting a cigarette out on Virk's faceChloe Guidry as Josephine Bell and Lily Gladstone as Cam Bentland in "Under the Bridge." In 2011, she told "Dateline" that she was the ringleader of the attack, which she started by putting out her cigarette on Virk's face. In the 2017 Vice article about the murder, Godfrey also claimed Virk told several boys that Cook had AIDs. The Shoreline Six were charged with assaultViritka Gupta as Reena Virk in "Under the Bridge."

Persons: Virk, Nicole Cook, —, Rebecca Godfrey, Riley Keough, Reena Virk, Viritka Gupta, Warren Glowatski, Javon Walton, Kelly Ellard, Izzy G, Nicole Patterson, Courtney Keith, Gail Ooms, Missy Grace Pleich, Chloe Guidry, Josephine Bell, Lily Gladstone, Cam Bentland, Darko Sikman, Cook —, Cook, Godfrey, Patterson, Keith, I'm, it's, Pleich Organizations: Service, Hulu, Vancouver Sun Locations: Saanich, British Columbia, Victoria, Hulu, Ellard, Vancouver

☆ Read the email to Satya Nadella and Bill Gates that shows Microsoft's CTO was 'very worried' about Google's AI progress in 2019
▼ + stars: | 2024-05-01 | by ( Jyoti Mann | Beatrice Nolan | ) www.businessinsider.com time to read: +3 min

Microsoft's OpenAI investment may have been prompted by concerns over Google's AI progress. In a 2019 email, a Microsoft exec said he was "very, very worried" about Google's AI capabilities. AdvertisementIn 2019, Microsoft became "very, very worried" about Google's AI capabilities, newly unearthed emails show, and that may have been what spurred it to invest in OpenAI. In one lengthy email, Microsoft's chief technology officer Kevin Scott told Satya Nadella and Bill Gates that Google's AI-powered "auto-complete in Gmail" was "getting scarily good." Related storiesIn 2019, Microsoft made an initial $1 billion investment into its now multi-billion partnership with OpenAI.

Persons: —, Kevin Scott, Satya Nadella, Bill Gates, Nadella, Amy Hood, Bard, Scott, OpenAI, BERT Organizations: Microsoft, Google, Service, Department, Business, OpenAI, Bing Locations: OpenAI

☆ Barbra Streisand asked Melissa McCarthy whether she used Ozempic, sparking a backlash from fans
▼ + stars: | 2024-04-30 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +3 min

Barbra Streisand asked Melissa McCarthy on Instagram whether she used Ozempic. Stars including Amy Schumer and Chelsea Handler have been open about using the buzzy weight loss drug. AdvertisementBarbra Streisand asked Melissa McCarthy if she used Ozempic to lose weight on Instagram, sparking a backlash from fans. While many fans praised the pastel green outfit McCarthy wore at the event, Streisand made a surprising remark about her weight loss. Celebrities including Elon Musk, Amy Schumer, and Chelsea Handler have all been open about using such weight loss drugs to slim down.

Persons: Barbra Streisand, Melissa McCarthy, Amy Schumer, Chelsea Handler, —, McCarthy, Adam Shankman, Matthew Bourne, Streisand, ”, b0eNUtm7xK, Barbara, Ozempic, Elon Musk, Jimmy Kimmel's, wasn't Organizations: Service, Center Theatre, Business, Celebrities, Hollywood Locations: Los Angeles

☆ Ralph Lauren’s intimate New York show invited the A-list into his studio
▼ + stars: | 2024-04-30 | by ( Nick Remsen | ) edition.cnn.com time to read: +6 min

Isidore Montag/Gorunway/Courtesy Ralph Lauren Looks from the 2024 Fall/Holiday Ralph Lauren collection. Isidore Montag/Gorunway/Courtesy Ralph Lauren Looks from the 2024 Fall/Holiday Ralph Lauren collection. Isidore Montag/Gorunway/Courtesy Ralph Lauren Looks from the 2024 Fall/Holiday Ralph Lauren collection. Isidore Montag/Gorunway/Courtesy Ralph Lauren Looks from the 2024 Fall/Holiday Ralph Lauren collection. Isidore Montag/Gorunway/Courtesy Ralph Lauren Looks from the 2024 Fall/Holiday Ralph Lauren collection.

Persons: Ralph Lauren, Kerry Washington, Jessica Chastain, Morgan Spector, Hannah Einbinder, Mies, der, Nnamdi Asomugha, Glenn Close, Kevin Tachman, Ralph Lauren Hannah Einbinder, Zach Hilty, Ralph Lauren Jodie Turner, Smith, Ralph Lauren The, —, “, ” Lauren, Polo, ”, Christy Turlington, Isidore Montag, Ralph Lauren Ralph Lauren Fall, Cowboy Carter ” –, Lauren, glitz, ” “, Rebecca Hall, Lauren’s Organizations: CNN, Polo, Washington Locations: New York City, Madison, Manhattan

☆ 3 questions to ask yourself if you want to cut down on ultra-processed foods, according to a dietitian
▼ + stars: | 2024-04-29 | by ( Kim Schewitz | ) www.businessinsider.com time to read: +5 min

Ultra-processed foods are linked to health problems such as cancer, type 2 diabetes, and obesity. Ultra-processed foods tend to be made from ingredients you wouldn't find in a regular kitchen and are manufactured using industrial techniques. "I think we're getting too bogged down with the term ultra-processed food, we just need to make it a bit simpler," Patel told Business Insider. It's also very important to look at food labels, Patel said, so that you actually know what you're eating. Ultra-processed foods make up 73% of the US food supply.

Persons: —, hasn't, Linia Patel, Patel, It's, UPFs, Aleksandr Zubkov, There's Organizations: Service, Northeastern University's Network Science Institute, British Dietetic Association, University of Milan, FDA Locations: UPFs, USA

☆ Why a Brazilian UFC star is championing a dead Austrian economist
▼ + stars: | 2024-04-28 | by ( David Shortell | ) edition.cnn.com time to read: +7 min

In recent years, the free-market economist and the contrarian Austrian school he led midcentury have been turned into a hashtag deployed by tax-wary workers. Ludwig von Mises From Mises Institute“Ludwig von Mises is Latin America’s leading economist,” declared the headline of a Bloomberg opinion piece earlier this month by economist Tyler Cowen. His free-market policy prescriptions, framed by an economic thinking centered on human behavior and individual choice, were widely considered out of fashion at the time. “That is my jam!” Shapiro said of the Austrian school. “If you start to understand the concept of the Austrian economic school,” Moicano said in a recent YouTube video, “you’re going to understand that’s what I need: free market, liberties, and wealth, my brother.

Persons: Renato Moicano, “, Ludwig von Mises, ” Moicano, Mises, midcentury, influencers, “ Ludwig von Mises, ”, Tyler Cowen, Marx, Camila Rocha, Moicano, Jair Bolsonaro, Javier Milei, Fabrice Coffrini, Milei, “ Milei, Daniel Raisbeck, Raisbeck, Milton Friedman, ” Mises, El, Nayib Bukele, Amanda Andrade, Rhoades, Rocha, Ben Shapiro, ” Shapiro, It’s, “ you’re Organizations: CNN — Brazilian UFC, Austrian, Mises, “, Bloomberg, New York University, Brazilian Center of Analysis, UFC, Economic, Cato Institute, Argentina national, Salvador, Conservative Political, Conference, Mises Institute, Mises Institutes, Fox Business, YouTube Locations: Austrian, United States, South, Central America, American, El Salvador, Argentina, Brazil, Davos, AFP, Milei, Buenos Aires, Mises, National Harbor , Maryland, Washington, Latin America

☆ Personal CEO calls and $1 million pay packages: How tech companies recruit top AI talent amid a 'gold rush'
▼ + stars: | 2024-04-26 | by ( Kali Hays | Ellen Thomas | ) www.businessinsider.com time to read: +9 min

On top of that, she added that tech companies will give people in AI-related jobs bonuses for performance and plenty of equity compensation. About half of the people came from Big Tech companies. Gill said the new Kognitos hires who haven't come from Big Tech have jumped ship from other startups. Some AI talent are even striking it out on their own to start their own companies. He left his tech job to form an AI startup after seeing another large fundraise from another new AI company.

Persons: —, Sam Altman, Altman, Mark Zuckerberg, Dan Portillo, Goldman Sachs, Jaclyn Rice Nelson, Nelson, that's, Claude chatbot that's, Binny Gill, Kognitos, Gill, he's, haven't, David Steinberg, Steinberg, AI's Nelson, There's, Greg Selker, Stanton Chase, Selker, hemming, hawing Organizations: Service, Business, Meta, Sweat Equity Ventures, OpenAI, Big Tech, Zeta Global Locations: Anthropic, ChatGPT

☆ Nvidia jumps more than 15% this week. A key reason: what other companies are saying
▼ + stars: | 2024-04-26 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +8 min

"These are big checks made out to get Blackwells and H200s from, yes, Nvidia," Jim Cramer said during Friday's Morning Meeting . "There are a lot of people … that think this stock is a dangerous stock," Jim said. The next earnings report to shed light on demand for Nvidia's AI chips is set for Tuesday evening when Club name Amazon releases first-quarter results. While Amazon also has custom AI chips, it's a sizable Nvidia customer and the companies have enjoyed a longtime partnership. Even electric vehicle maker Tesla indicated earlier this week that it plans to buy tens of thousands more Nvidia chips this year to support self-driving car efforts.

Persons: Wall, Jim Cramer, Blackwell, OpenAI, There's, Jim, Wednesday's, – tanked, Alphabet's, FactSet, Ruth Porat, capex, Porat, Amy Hood, Hood, Microsoft's, Tesla, Jim Cramer's, Jensen Huang, Josh Edelson Organizations: Nvidia, Microsoft, Investors, Devices, Meta, Facebook, Bank of America, AMD, Broadcom, Wall, Google, Amazon, CNBC, SAP Center, AFP, Getty Locations: –, U.S, San Jose , California

☆ A centenarian who starts her day with gentle exercise and loves walks shares 5 longevity tips, including staying single
▼ + stars: | 2024-04-25 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +5 min

Joyce Preston, who's from the UK, turned 100 in March. It was also the year that Joyce Preston, who turned 100 years old last month, was born in the British town of Stockport. There, she starts her day by doing yoga or gentle exercise and loves going for walks. Joyce Preston/ Care UKPreston never married, and her biggest tip for reaching 100 is to "stay single." Joyce Preston/ Care UKBe religiousAs a founding member of an independent evangelical church, religion is important to Preston, and she believes it has contributed to her long life.

Persons: Joyce Preston, —, Preston, Bryan Johnson, Paul Dolan, Preston doesn't, Rose Anne Kenny, doesn't, Joseph Maroon, Heidi Tissenbaum Organizations: Service, Care UK's, Court, Abney Court, Abney Court Care, US Bureau of Labor Statistics, Care, London School of Economics, Guardian, gerontology, Trinity College Dublin, LongeviQuest, University of Locations: who's, Ottoman Empire, Soviet Union, Stockport, Preston, Abney, Latin America

☆ We're boosting our price target on Alphabet by $30 after it delivered the quarter we've been waiting for
▼ + stars: | 2024-04-25 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

Alphabet on Thursday delivered a knockout first-quarter report, with sales, operating margin and profits all topping Wall Street expectations. Alphabet Why we own it : Alphabet's Google Search is an invaluable tool for advertisers. Alphabet's big three watch items for investors — Search, YouTube, and Google Cloud — all delivered better-than-expected revenues in the quarter, leading to companywide sales topping estimates. It exited the quarter with $108 billion in cash, cash equivalents and marketable securities on its balance sheet, compared with $110.9 billion at the end of 2023. At 20 cents a share, Alphabet's dividend yield stands at 0.51% based on Thursday's close.

Persons: we've, It's, Sundar Pichai, Ruth Porat, TikTok, Philipp Schindler, Pichai, Porat, we're, Alphabet's, Jim Cramer's, Jim Cramer, Jim, David Paul Morris Organizations: YouTube, Microsoft, Management, —, Google, Google Services, Capital, buybacks, Meta, Apple, CNBC, O, Bloomberg, Getty Locations: That's, Mountain View , California

Here's a rapid-fire update on all 33 stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. Broadcom : Broadcom's AI business, which includes co-designing custom chips for tech giants such as Club holding Alphabet, is booming. The newspaper reported April 12 that Salesforce was in talks to buy Informatica, which sent the Club holding's shares plunging. Wells Fargo : Another trim is due for our Wells Fargo position after a great run for the bank stock, Jim argued. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Jim Cramer's, Jim, Johnson, Abbott, Andy Jassy, Bausch, Salesforce, Salesforce didn't, Tom Jorden, We've, It's, Walt Disney, Nelson Peltz's, Bob Iger's, Estee Lauder, there's, Eaton, We're, he's, Locker, he'd, Vimal Kapur, Linde, Eli Lilly, Eli Lilly's, TikTok, Joe Biden, Morgan Stanley, Morgan Stanley's, Ted Pick, Jensen Huang, Nikesh Arora, haven't, Laxman Narasimhan, Sands, Stanley Black, Decker, TJ Maxx, TJX, Wells, Jim Cramer, Angela Weiss Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Apple, Abbott Laboratories, Johnson, Web Services, Broadcom, VMWare, GE Healthcare, GE, Bausch Health, Costco Wholesale, Costco, Street, Informatica, Coterra, DuPont De Nemours, DuPont, Walt, Disney, Ford, GM, Philips, Siemens, Google, Honeywell, Linde, Facebook, Meta, Microsoft, Nvidia, Investors, AMD, Oregon State University, Palo Alto Networks, UnitedHealth, Procter & Gamble, Constellation Brands, Constellation, Modelo, TJX, Marshalls, Home Goods, Wynn Resorts, Jim Cramer's Charitable, New York Stock Exchange, Afp, Getty Locations: China, Informatica, Ford, Estee, U.S, mater, Palo, Corona, Wells Fargo, Wells, Macao, New York City

☆ More than 3 million Medicare patients could be eligible for coverage of Wegovy to reduce heart disease risks, study says
▼ + stars: | 2024-04-24 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +4 min

But some eligible beneficiaries could still face out-of-pocket costs for the highly popular and expensive drug, KFF said. Certain Medicare prescription drug plans may also wait until 2025 to cover Wegovy. Medicare's budget could be strained as more plans cover the costs of Wegovy. Among the Medicare beneficiaries who are obese or overweight and have a history of heart disease, 1.9 million also have diabetes, according to KFF. That makes them already eligible for Medicare coverage of other GLP-1 drugs approved for that condition.

Persons: KFF Organizations: Novo Nordisk, Medicare, Drug Administration, Novo Locations: London, Britain, U.S

☆ Former CEO of buzzy tech startup hit with prison time for fraud
▼ + stars: | 2024-04-23 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +3 min

The founder of startup HeadSpin just got an 18-month prison sentence for wire and securities fraud. Prosecutors said his sentence is a warning to other "fake it til you make it" Silicon Valley execs. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementThe founder of a buzzy Silicon Valley startup was sentenced to prison over a multimillion-dollar fraud scheme — and prosecutors want it to be a lesson to other "fake it til you make it" entrepreneurs. Manish Lachwani, the former CEO of app testing company HeadSpin, was sentenced on Friday to 18 months in prison, plus three years supervised release, for wire fraud and securities fraud, the Department of Justice announced.

Persons: —, Manish Lachwani, Lachwani, Lachwani's, Ismail J, Ramsey, HeadSpin Organizations: Prosecutors, Service, Department of Justice, DOJ, Lachwani, Business Locations: Silicon Valley

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