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Gen Z behavior was shaped by missing formative years during the COVID-19 pandemic. Gen Z has a lot to offer companies who know how to nurture it, experts told BI. But many Gen Zers don't agree with them, and some believe they are holding them back at work. Chang said Gen Zers prioritize companies that offer perks such as mental health days and wellness workshops. Some companies are already doing this and making themselves attractive to Gen Z talent.
Persons: Z, , Zers don't, Max Jones, It's, Richard Wahlquist, Boppana, Gen Zers, I've, she'd, Claude Akinsanya, Zers, Akinsanya, Gen, Rhea Moss, Gen Z, " Moss, Jones, Jeanie Y, Chang, Forbes, Chipotle, Moss Organizations: Service, American Staffing Association, Accenture, Nike, Morning Locations: London
Zeroing in on cyber insurance as a key area for reform comes as the U.S. government scrambles to find ways to disrupt ransomware networks. For many organizations, deciding whether to pay a ransom is a difficult and urgent decision. The hacker group allegedly demanded a ransom to return the stolen data, though it remains unclear whether NPD paid it. Darren Williams, founder of BlackFog, a cybersecurity firm that specializes in ransomware prevention and cyber warfare, is firmly against paying ransoms. UnitedHealth Group experienced this firsthand after its subsidiary, Change Healthcare, was hit by the ALPHV/BlackCat ransom group in April 2023.
Persons: Anne Neuberger, James S, Ann Neuberger, scrambles, Paul Underwood, Underwood, Bryan Hornung, Hornung, I've, they'd, , Ransom, LVHN, Darren Williams, BlackCat, LoanDepot Organizations: Brady, White, Washington , D.C, National Intelligence, FBI, Xact IT, Social, Lehigh Valley Health, Federal Trade Commission, NPD, Jerico, UnitedHealth Group, Change, Healthcare, LoanDepot Locations: Washington ,, what's, Pennsylvania, U.S
Procter & Gamble on Friday reported weaker-than-expected revenue as lower demand in China again weighed on its sales. The company reported flat volume for the quarter. The metric excludes pricing, which makes it a more accurate reflection of demand than sales. The company called out volume declines in China for both its hair care and oral care segments. Both P&G's health care and baby, feminine and family care divisions both reported 1% declines in volume for the quarter.
Persons: Gamble, Andre Schulten, Schulten Organizations: Procter, LSEG, SK, Gillette, Venus Locations: China, U.S, Greater China
"As evidenced by XLV [Health Care Select Sector SPDR Fund], price is back through the 50 day [moving average] on this relief rally," he said. "Not yet overbought, it looks to us like the early innings of a reacceleration back towards the highs. XLV YTD mountain Health Care Select Sector SPDR Fund year to date On top of that rally is the added benefit of dividend payouts on many health care stocks. At least 51% of the Wall Street analysts who cover each stock rates it a buy, according to FactSet data. CI YTD mountain Cigna year to date Cigna beat earnings and revenue estimates in its second quarter when it reported results in August.
Persons: Rob Ginsberg, Abbott, Robert Ford, Dickinson, Cigna, Lina Khan, Merck Organizations: Wolfe Research, SPDR, CNBC Pro, Wall Street, nab, Abbott Laboratories, Company, Cigna's, Federal Trade Commission, CVS Health, UnitedHealth, Merck, Co Locations: . Connecticut
The previous record from the 2014 to 2017 mass bleaching affected just below 66% of the world’s reef area. Triggered by heat stress in warm oceans, coral bleaching occurs when corals expel the colourful algae living in their tissues. A bleached coral is not dead, but ocean temperatures need to cool off for any hope of recovery. “We’ve never had a coral bleaching event this big before.”In just the last six weeks, bleaching has been confirmed in the waters of Palau, Guam and Israel. What are we going to do about it?” said Emily Darling, who leads the Wildlife Conservation Society’s global coral reef conservation programme.
Persons: Derek Manzello, Sirachai Arunrugstichai, Lillian Suwanrumpha, Manzello, “ We’ve, , Emily Darling, El Niño Organizations: CNN, National Oceanic, Atmospheric Administration, Reuters, NOAA, Reef, Getty, , United Nations, Wildlife Conservation Locations: Trat, Thailand, Raja Ampat, Indonesia's West Papua, AFP, Palau, Guam, Israel, Caribbean, South China, Colombia
Business Insider asked an etiquette coach about mistakes to avoid when interacting with coworkers. Being punctual and mindful of your body language are key ways to demonstrate respect in the office. AdvertisementFrom spreading gossip to showing up late to meetings, employees often make subtle missteps when interacting with coworkers. That's why Business Insider sat down with etiquette coach Mariah Grumet to learn about what to avoid when interacting with colleagues. Pay attention to your body language when interacting with colleaguesBody language can often serve as an indicator of your respect toward others.
Persons: punctual, , Mariah Grumet, Grumet, it's Organizations: Service, Business
- | Afp | Getty ImagesMany investors worry about how the outcome of the presidential election will impact their investments. But there's another risk financial advisors are focused on — public debt, according to a new survey from Natixis Investment Managers. The term public debt is used interchangeably by the U.S. Treasury with national debt and federal debt. Experts say there are certain moves individual investors can make to limit the financial exposure they have to those broader risks. For investors who worry the country's debt may lead to slow growth, it can help to add international exposure to a portfolio, Cheng said.
Persons: , they're, Dave Goodsell, Marguerita Cheng, Cheng, Goodsell, Bonds, Barry Glassman, Glassman, Roth, Pare Organizations: Elena Bozeman Government, Afp, Getty, Natixis Investment, Natixis Center, Investor Insight, U.S, Treasury, Social Security, Blue, Global Wealth, CNBC FA Council, Wealth Services, CNBC FA Locations: Arlington , Virginia, U.S, Gaithersburg , Maryland
The Biden administration rang up a budget deficit topping $1.8 trillion in fiscal 2024, up more than 8% from the previous year and the third highest on record, the Treasury Department said Friday. Even with a modest surplus in September, the shortfall totaled $1.833 trillion, $138 billion higher than a year ago. The deficit came despite record receipts of $4.9 trillion, which fell well short of outlays of $6.75 trillion. Government debt has swelled to $35.7 trillion, an increase of $2.3 trillion from the end of fiscal 2023. Interest expense for the year totaled $1.16 trillion, the first time that figure has topped the trillion-dollar level.
Organizations: Biden, Treasury Department, Social Security, Treasury, Congressional, Office
But there has been a surge in actively managed ETFs as investors seek lower costs and more precision, experts say. Active ETFs represented just more than 2% of the U.S. ETF market at the beginning of 2019. There are a few reasons for the active ETF growth, experts say. Still, only a fraction of issuers have been successful in the active ETF market. Active ETFs allow 'tactical adjustments'While passive ETFs replicate an index, such as the S&P 500 , active managers aim to outperform a specific benchmark.
Persons: Morningstar, Stephen Welch, Welch, Jon Ulin Organizations: Getty, Exchange, U.S, Morningstar, U.S . Securities, Exchange Commission, Ulin, Wealth Management Locations: Boca Raton , Florida
One in four American adults suspect they might have undiagnosed ADHD, according to a new survey commissioned by The Ohio State University Wexner Medical Center and College of Medicine. Currently, just over 4% of adults aged 18 to 44 actually have a diagnosis of ADHD, according to Ohio State clinical assistant professor Justin Barterian. This disparity may be due to the prevalence — and popularity — of videos about ADHD on social media, university researchers speculate. On platforms like TikTok, videos like "5 signs you have ADHD" and "How to spot an ADHDer in public" have over 100,000 likes and even more views. "But just because we have that occasionally doesn't mean that we meet criteria for ADHD."
Persons: they've, Justin Barterian, Adrian Owen, Mary Anderson Organizations: The Ohio State University Wexner Medical Center, College of Medicine, Ohio, Western University, Canada
Markets: The S & P 500 is on pace for another record close and its sixth straight positive week. Financials also continued their strong run this week thanks to strong earnings from banks such as Club holding Morgan Stanley and other financial services companies. 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 . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, hasn't, Financials, Morgan Stanley, Danaher, we'll, Jim Cramer's, Jim Organizations: CNBC, ., ASML Holdings, Taiwan Semiconductor Manufacturing Company, Nvidia, bellwether, Abbott Laboratories, UBS, Mizuho, . Energy, Texas, OPEC, International Energy Agency, Coterra Energy, Dow Jones, Dover, Honeywell, Jim Cramer's Charitable
The latter appeared to hint at the Germany's waning influence over regional policy — a likely unthinkable notion only a few years ago. "The question is whether German car makers manage to adjust their product portfolios, change their organizations, and ramp up productivity quickly enough to preserve the status and relevance they had for decades." Brand loyaltyNot everyone is as concerned about the outlook for Germany's car industry. Sigrid de Vries, director general of the European Automobile Manufacturers' Association (ACEA), a car lobby group, said she finds it "really hard to believe" that Germany's auto sector is struggling to adapt to the electrification. Stephane Mouchmouche | Afp | Getty ImagesSome hope that this week's Paris Motor Show could prove to be a turning point for Europe's auto industry.
Persons: Julian Stratenschulte, Rico Luman, Robert Habeck, Luman, Chancellor Olaf Scholz, Germany's, Sigrid de Vries, de Vries, ACEA's de Vries, Porte, Stephane Mouchmouche, John Cooper, Julia Poliscanova, Poliscanova Organizations: VW, Getty, Volkswagen, Mercedes, Benz Group, BMW, Union, ICE, ING, CNBC, Federal, Economic Affairs, Emden ., EVs, Reuters, European Automobile Manufacturers ' Association, Paris, Automotive Summit, Porte de, Afp, John Cooper Works Electric, Transport, Environment Locations: Wolfsburg, Germany, China, Emden, German, Berlin, Europe, France, automaking, Paris
Business Insider asked an etiquette coach about mistakes to avoid when interacting with coworkers. Being punctual and mindful of your body language are key ways to demonstrate respect in the office. AdvertisementFrom spreading gossip to showing up late to meetings, employees often make subtle missteps when interacting with coworkers. That's why Business Insider sat down with etiquette coach Mariah Grumet to learn about what to avoid when interacting with colleagues. Pay attention to your body language when interacting with colleaguesBody language can often serve as an indicator of your respect toward others.
Persons: punctual, , Mariah Grumet, Grumet, it's Organizations: Service, Business
Donald Trump on Friday dismissed more questions about whether he would release his current medical records, doubling down on refusing to provide a health update even as Kamala Harris works to sow doubts about his fitness for the presidency. The 78-year-old Republican nominee, when asked if he will release his health records, suggested that he has already shared enough information about his medical status. "Yeah, my health records – I've done five exams over the last four years. Trump told CBS News in August that he would "very gladly" release his medical records, but his campaign has not done so. That same day, Trump campaign spokesman Steven Cheung claimed in a statement that the Republican nominee "has voluntarily released" multiple health reports.
Persons: Donald Trump, Kamala Harris, I've, You've, Trump, Harris, We're, Steven Cheung, Cheung, Dr, Bruce Aronwald, Ronny Jackson of Organizations: Detroit Metropolitan Wayne County Airport, Republican, Democratic, CBS News Locations: Detroit , Michigan, Michigan, Ronny Jackson of Texas, North Carolina, America
He does 100 push-ups and also planks six days a week, and his doctor told him to keep going. AdvertisementJim Dreeben has always been active, but it wasn't until he was in his 80s that he took up CrossFit. Dreeben, a retiree in Riverhead, New York, now does weekly CrossFit sessions and 100 push-ups six days a week, he told Business Insider. Dreeben does CrossFit with people half his ageDreeben was an active kid, and as a teen he did shotput, wrestling, and general workouts. He loves telling people he does CrossFit because it raises eyebrows.
Persons: Jim Dreeben, , Dreeben, didn't, CrossFit, hasn't, he's, It's Organizations: Service, Dreeben Locations: Riverhead , New York, Long Island, New York City
It's a modern employer-sponsored health plan designed to help simplify the process of choosing where to receive care by offering members the information they need upfront, enabling them to comparison shop for care. What's different with the Surest health plan? The result, according to a recent study, is that Surest members pay 54% less out of pocket compared to those in traditional plans. "The Surest health plan addresses many of the obstacles that consumers face, including by eliminating complicated math with clear, upfront cost and coverage details," Richards said. People who've tried the Surest plan usually like itConsumers cite ease of use, price clarity, and cost savings as some of the top advantages.
Persons: Surest, Alison Richards, " Richards, coinsurance, Aon, Dan Kueter, who've, It's Organizations: Employers, Insider Studios Locations: It's, Surest, Hawaii
The healthcare market looks nearly ready for the next wave of IPOs. But the next wave of public healthcare companies looks to be on the horizon. At least two healthcare companies are considering public-market debuts in the not-so-distant future. SVB SecuritiesI spoke with him about what the next wave of healthcare IPOs could bring — and which healthcare startups are in the best position to test the public markets. What models do you expect the healthcare market to favor in this next round of IPOs?
Persons: Jon Swope, , It's, Health confidentially, haven't, there's, Waystar, healthtech Organizations: Barclays, Service, Health, healthtech, SVB Securities, Accolade, Healthcare, Walmart, Big Tech Locations: IPOs, healthtech, Waystar
Earnings next week will be key to where stocks head from here. While roughly one-tenth of S & P 500 companies reported over the past week, about 20% of the broader index plans to report next week. He noted that the S & P 500 is trading at a 40% premium to its long-term P/E ratio, while tech stocks are trading at upwards of 60%. For the Dow Jones Industrial Average and S & P 500 , it's the first such streak going back to December 2023. Meanwhile, the equal-weighted S & P 500 slightly outpaced the market-cap weighted benchmark this week, a bullish signal for sectors such as health care.
Persons: Sam Stovall, Stovall, FactSet's John Butters, Butters, it's, Tesla, Lockheed Martin, Russell, Nelson Yu, Harker Organizations: U.S, CFRA Research, Dow Jones Industrial, Nasdaq, Lockheed, GE Aerospace, Business Machines, General Motors, Verizon Communications, United Parcel Services, Southwest Airlines, Nvidia, Philadelphia Reserve, Chicago, PMI, New, . Kansas City Fed Manufacturing Locations: Independence, Philadelphia, . Kansas
3-Stock Lunch: CVS Health, American Express & Lamb Weston
  + stars: | 2024-10-18 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email3-Stock Lunch: CVS Health, American Express & Lamb WestonJames Demmert, Main Street Research chief investment officer, join 'Power Lunch' to discuss stock plays for three stocks.
Persons: Lamb Weston James Demmert Organizations: CVS Health, American Express, Street Research
Cancer drains individuals of their physical, emotional, and financial health. In a study from the American Cancer Society Cancer Action Network, nearly half of cancer patients and survivors reported being extraordinarily burdened by medical debt. Financial hardship caused by cancer can also contribute to "financial toxicity," wherein the cost of treatment forces individuals to make tradeoffs that impact their chances of survival. Not only does financial toxicity of cancer care affect the individual, it can also negatively impact their employer. Some may not be aware they're eligible for screening, and stigma and fear associated with cancer screening hinders some people from seeking care.
Persons: Organizations: American Cancer Society Cancer Action Network, ACS Locations: U.S, United States
As the fourth quarter ramps up, several stocks have room to appreciate in coming months, according to Jefferies. Heading into the end of the year, Jefferies has updated its list of stock recommendations it calls its "franchise picks," spotlighting high-conviction, buy-rated names. "Higher reinvestment rates are correlated with better returns," Jefferies added. Their average price target of almost $24 implies roughly 10% upside – less than the nearly 26% that would result if Jefferies' target of $27 is reached. And Jefferies' target of $295 implies more than 17% upside from the current price.
Persons: Jefferies, Morgan Stanley, Wells, , Johnson Organizations: Dow, Nasdaq, JPMorgan, Consumer, Johnson, PepsiCo, Sysco, Jefferies, ConocoPhillips, Port, North Field, Oil, Procter, Gamble, Colgate Locations: Wells Fargo, Alaska, Port Arthur, Texas, Qatar, Houston, LSEG, U.S, , New Jersey, Kenvue
CNN —The origin of modern humans’ long-standing love affair with carbs may predate our existence as a species, according to a new study. The study revealed these genes duplicated long before the advent of agriculture. Without amylase, humans would not be able to digest foods such as potatoes, pasta, rice or bread. The research also revealed duplication of the AMY1 gene existed in the genomes of Neanderthals and Denisovans, an extinct hominin first discovered in 2010 about whom relatively little is known. “This study’s genomic sleuthing is helping to finally time stamp some of those major milestones, and it is revealing tantalizing clues about humanity’s long love affair with starch.”
Persons: , Feyza Yilmaz, , sapiens, AMY1, Taylor Hermes, wasn’t, ” Hermes, , Christina Warinner, John L, Loeb, Warinner Organizations: CNN, The Jackson Laboratory, University of Buffalo, Jackson Laboratory, University of Arkansas, Social Sciences, Harvard University Locations: Farmington , Connecticut, New York
CNN —Every few weeks, a group of active-duty and retired cops gather with election officials to plan for harrowing scenarios on Election Day. Four years after the 2020 election, the threat level hasn’t come down and hostile rhetoric toward election workers is commonplace. Federal and election officials are on edge and are trying to take every security precaution to prevent a violent attack on election workers. The threats, harassment and other pressures have led some election officials, or their family members, to say, “‘Enough is enough. He also leads the state’s Election Threats Task Force, which includes state and federal law enforcement and is designed to detect threats to election workers more quickly.
Persons: Harold Love, ” Love, , I’m, , Donald Trump, , Brennan, Adrian Fontes, Fontes, ” Fontes, Tina Barton, Barton, Ronna McDaniel, , ’ ” Barton, Al Schmidt, Trump, Schmidt, ” Schmidt Organizations: CNN, Secure, Brennan Center for Justice, Federal, Arizona, Republican National Committee, The, Force Locations: Michigan, United States, Maricopa County, Arizona’s, Arizona, City, Rochester Hills , Michigan, Rochester Hills, Indiana, Philadelphia
As election day draws near, 400 Wall Street money managers identified their top concerns. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Policy initiatives could have a significant impact on the economy, especially on issues concerning inflation, the housing market, employment, and international trade. Investors can benefit from both parties: Republicans would likely pass investor-friendly tax and energy policy, while Democrats would pass more favorable US-China and trade policy. AdvertisementHere's what Wall Street is worried about this election cycle and how top money managers are preparing their portfolios for November.
Persons: , Kamala Harris, Donald Trump, PGIM, Wall, Kara Murphy, , isn't, Murphy, Trump, Harris, we've Organizations: Service, Republican, White House, Congress, Investors, Kestra Investment Management, Social Security, Biden, Research, Senate, Democrat Locations: China, Latin America, Southeast Asia, deglobalization
CNN —America’s largest drug store chain named a new chief executive officer on Friday, with longtime CVS Health executive David Joyner replacing Karen Lynch. In August, rising costs at CVS’ insurance arm Aetna cut into profits, leading to the ousting of then-president Brian Kane. Charles Krupa/AP/FileLower reimbursement rates for prescription drugs have hit retail pharmacies, including Walgreens and Rite-Aid, resulting in flagging profits and forcing drug stores to shutter locations and cut jobs. Meanwhile, rival chain Walgreens is closing 1,200 stores as it faces competition from online pharmacies and larger retailers — another challenge facing drug stores. Our results need to show that more consistently,” a CVS Health spokesperson told CNN in a statement.
Persons: CNN —, David Joyner, Karen Lynch, Brian Kane, Lynch, ” Julie Utterback, Charles Krupa, Joyner, David, Roger Farah Organizations: CNN, CVS Health, CVS, Aetna, Federal Trade Commission, Morningstar, Boston College's, Club, Walgreens, Rite, Locations: Boston
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