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☆ Menendez’s Senate Replacement Has Been a Democrat for Just 5 Months
▼ + stars: | 2024-08-23 | by ( Tracey Tully | ) www.nytimes.com time to read: +1 min

When George Helmy is sworn in next month as Robert Menendez’s temporary replacement in the Senate, he will be joining a chamber where Democrats hold a razor-thin majority, outnumbering Republicans by a single seat, 50 to 49. Mr. Helmy was selected last week by Gov. Mr. Helmy, however, is new to the Democratic Party. Mr. Helmy will serve in Washington only through November. His appointment will return the Democratic majority to 51 members, as it was before Mr. Menendez resigned on Tuesday.

Persons: George Helmy, Robert Menendez’s, Helmy, Philip D, Murphy, Menendez, Tammy Murphy, New Jersey’s, Chuck Schumer, Biden Organizations: Senate, Gov, Democrat, Democratic Party, Democratic Senate, New, Democratic, Democrats Locations: Murphy of New Jersey, Morris County, N.J, Washington, New York

JMP Securities upgraded Warby Parker to market outperform, calling for more than 40% upside. The financial firm upgraded shares of the streaming technology provider to buy from neutral. Analyst Michael Morris also established a 12-month price target of $75, which is approximately 21% higher than where shares closed on Thursday. Peloton stock is down 25% on the year. His price target of $20 implies upside of 44% from Thursday's close.

Persons: Warby Parker, Michael Morris, Morris, — Lisa Kailai Han, Wells, Wells Fargo, Edward Kelly, Kelly, BJ's, BJ, Lisa Kailai Han, Piper Sandler, Anna Andreeva, Andreeva, it's, Piper, Doug Anmuth, Anmuth, Nicholas Jones, Jones, Fred Imbert Organizations: CNBC, JMP Securities, JPMorgan, Guggenheim, BJ's, BJ's Wholesale, LT, Costco, CF Subs, Revenue, Warby, Warby Parker Inc Locations: ROKU, Chewy, Thursday's

☆ Roku: Guggenheim upgrades the stock to 'buy'
▼ + stars: | 2024-08-23 | 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 EmailRoku: Guggenheim upgrades the stock to 'buy'Michael Morris, Guggenheim senior managing director and equity analyst, joins 'Money Movers' to discuss Roku as the stock receives a buy upgrade from Guggenheim.

Persons: Michael Morris Organizations: Guggenheim

☆ Palo Alto Networks finally gets back on track — delivering strong earnings and a promising outlook
▼ + stars: | 2024-08-19 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

After two rough quarters, Palo Alto Networks on Monday evening delivered the type of earnings report we expect from one of the best cybersecurity companies in the world. PANW YTD mountain Palo Alto Networks YTD The issue with billings in recent quarters has been that the high cost of money has resulted in increased negotiations on terms and financing options. Palo Alto Networks Why we own it: We believe cybersecurity is a secular growth market as bad actors are relentless and companies simply cannot afford to not invest in defense. Palo Alto Networks headquarters in Santa Clara, California, US, on Monday, Aug. 14, 2023. Palo Alto Networks Inc. is scheduled to release earnings figures on August 18.

Persons: management's, billings, Dipak Golechha, Nikesh Arora, Arora, Palo, we're, platformization, I've, Jim Cramer, Jim Cramer's, Jim, David Paul Morris Organizations: Palo Alto Networks, Revenue, LSEG, Total billings, U.S, Networks, billings, Palo Alto, Alto Networks, Cisco Systems, Palo, CNBC, Bloomberg, Getty Locations: Palo, billings, XDR, Palo Alto, Santa Clara , California

The situation has prompted Hunter Biden to add noted defense attorney Mark Geragos, who runs his firm out of Los Angeles, for the tax trial. The Delaware trial lasted seven days, but a tax trial is expected to last much longer, meaning at a far greater cost for the defendant. A previous deal between Hunter Biden and special counsel David Weiss to avoid trials and potentially prison time a year ago fell apart in dramatic fashion. Lunden Roberts, the mother of one of Hunter Biden’s children whom he had a child support battle over, has also been subpoenaed to testify, her lawyer says. Hunter Biden’s attorneys Lowell and Geragos have experience advocating for high-profile pardons.

Persons: CNN — Hunter Biden, Joe Biden’s, Biden, Hunter Biden, Mark Geragos, Money, Kevin Morris, Abbe Lowell, Winston, Strawn, Lowell, David Weiss, Biden’s, Beau Biden, Lunden Roberts, Hunter Biden’s, –, – Joe Biden, ”, Geragos, Bill Clinton, CNN’s Marshall Cohen Organizations: CNN, Capitol, West Coast, White House, Justice Department, Prosecutors, Internal Revenue Service Locations: California, Los Angeles, Delaware, Geragos, Hollywood, West, Washington , DC

☆ This startup will sell methane-eating microbes to Whole Foods
▼ + stars: | 2024-08-13 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +4 min

While some companies are trying to reduce methane emissions, others are trying to capture and remove it as it's produced. These naturally occurring microscopic organisms live in the soil and eat methane as food for survival. Much like yeast that eats sugar in bread and produces substances that make it rise, mems eat methane and produce fertilizer. This would mitigate methane emissions and enable the grocery company to make climate-friendly claims for their milk and other products. In addition to Cavallo Ventures, Windfall is backed by Prelude Ventures, Amazon Climate Pledge Fund, Breakthrough Energy Ventures and Mayfield.

Persons: Josh Silverman, I've, Silverman, We've, we've, Brett Morris, Lisa Rizzolo Organizations: Investors, Cavallo Ventures, Foods, Prelude Ventures, Breakthrough Energy Ventures, CNBC Locations: California, Mayfield

☆ Brenda Wineapple Has Come Around on Historical Fiction
▼ + stars: | 2024-08-08 | by ( ) www.nytimes.com time to read: +1 min

Jan Morris’s “Trieste and the Meaning of Nowhere.” It’s about the city she first visited as a soldier after World War II — and about the weirdness of time and history. Also Fernanda Eberstadt’s nervy “Bite Your Friends,” stories of artists and activists who use their bodies to defy the status quo. Mine is an orderly disorder: I keep the books I’m reading and using for work near at hand, even if that means on the floor around my desk. Reading a novel in the wee hours of the morning, when the city is quiet. I curl up on the couch beneath my favorite bookcases, and often stay there until the sky is streaked with morning light.

Persons: Jan Morris’s “, Fernanda Eberstadt’s nervy, Jenny Erpenbeck’s “, ”, Brenda Starr, Dale Messick, alphabetizes Locations: Jan Morris’s “ Trieste

But with major names headlining the 2024 event, tickets for the Ohana Festival are selling out fast. Here's what fans need to know to buy Ohana Festival tickets. Ohana Festival 2024 festival scheduleThe Ohana Festival is a three-day event held September 27 to 29 at Doheny State Beach. How to buy tickets for Ohana Festival 2024While original three-day and Sunday passes are sold out, the festival still has limited general admission single-day passes for Friday and Saturday. How much are Ohana Festival tickets?

Persons: Pearl, Sting, Pearl Jam, Neil Young, Garbage, Alanis Morissette, Devo, Marren Morris, Maren Morris, Ryan Beatty, Jaime Wyatt, Linka Moja, Jenny Lewis, Glen Hansard, Power, Joe Wong, Goldie Boutilier, Jam, Peter Cat, Kim Gordon, LA, Jesus, John Cruz Organizations: Business, Beach Boys, Sting, Doheny, Pearl, Crowded, Black Pumas, Breeders Locations: Doheny, Dana Point , California, Beach, Dogstar, Black, LA LOM, Santa

☆ Our allocations are overweight equities: BNP Paribas Asset Management
▼ + stars: | 2024-08-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOur allocations are overweight equities: BNP Paribas Asset ManagementDaniel Morris, chief market strategist at BNP Paribas Asset Management, discusses the outlook for the U.S. economy.

Persons: Management Daniel Morris Organizations: Management, Asset Management Locations: U.S

☆ Lightning Round: Boeing has long-term staying powder, says Jim Cramer
▼ + stars: | 2024-08-05 | by ( Jim Cramer | ) 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 EmailLightning Round: Boeing has long-term staying powder, says Jim Cramer'Mad Money' host Jim Cramer weighs in on stock including: Boeing, Freeport-McMoRan, Delta, Nvidia, and Philip Morris.

Persons: Jim Cramer, Philip Morris Organizations: Boeing, Nvidia Locations: Freeport, McMoRan

☆ Black people with Parkinson's are underdiagnosed, miss treatment
▼ + stars: | 2024-08-04 | by ( Elizabeth Cohen | Elizabeth Cohen Is A Contributor For Kff Health News. | ) www.nbcnews.com time to read: +6 min

A few years ago, the organizers of one of the largest U.S. exercise programs for people with Parkinson’s disease realized they had a problem: Most of the students were white. But people who run Parkinson’s exercise programs in a handful of U.S. cities describe great difficulty in recruiting Black people. Johnson said his Chicago-area initiative offered a free six-month exercise program for Parkinson’s patients and increased marketing in the Black community but got little traction. When a white person shows up at the doctor’s office with such symptoms, a doctor would likely recognize them as signs of Parkinson’s, said Bernard Coley, an advocate for people with Parkinson’s disease, especially those in underengaged communities. After his less-than-successful efforts to recruit Black Parkinson’s patients into his exercise program in Chicago, Johnson concluded that the fact that he’s not Black is an “important factor.”Leventhal, who runs the Parkinson’s exercise program in New York, has come to the same conclusion.

Persons: “ We’re, who’s, ”, David Leventhal, Mark Morris, New York City . Leventhal, Leventhal, it’s, ” Leventhal, Eddie Marritz, Parkinson’s —, Eric Johnson, Johnson, “, Bernard Coley, Coley, Amber Star Merkens, ” Coley, Wendy Lewis, Tammyjo, Black, he’s, puller Organizations: Mark Morris Dance Group, New York City ., Mark Morris Dance, Yale, Movement, Parkinson’s, Nature, Parkinson’s Foundation, Parkinson Council, Emory University, KFF Locations: U.S, New York City, Chicago, California, Philadelphia, Atlanta, New York

☆ A remote worker relocating to Walmart's headquarters says he's excited to work at the office, but he's stressed about the short timeline
▼ + stars: | 2024-08-04 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +1 min

Walmart surprised many of its corporate employees when it announced a return-to-office mandate. The new policy requires formerly remote workers in the US to move to one of three office locations. One worker told BI he's excited to work at headquarters, but stressed out about the short timeline. AdvertisementTwo months after Walmart surprised its previously remote corporate employees with a return-to-office mandate, many are in the midst of packing up for cross-country moves. This story is available exclusively to Business Insider subscribers.

Persons: —, Donna Morris Organizations: Walmart, Service, Business Locations: New York, San Francisco, Bentonville , Arkansas

☆ These stocks have fallen too much, too fast and could be due for a rebound after broad market sell-off
▼ + stars: | 2024-08-02 | by ( Hakyung Kim | ) www.cnbc.com time to read: +3 min

This week's market sell-off has pushed several stocks into oversold territory — potentially setting these names for a rebound in the future. Troubled cybersecurity stock CrowdStrike is the most oversold stock on the list with an RSI of just 13.6. Some of this week's most overbought companies include defense giant Lockheed Martin , tobacco company Philip Morris International and FirstEnergy . Of the names on the list, Lockheed Martin has the highest 14-day RSI reading of 93.7. LMT YTD mountain Lockheed Martin in 2024

Persons: Goldman Sachs, LULU, Lockheed Martin, Philip Morris Organizations: Nasdaq, Dow Jones, CNBC, Moderna, U.S, Street, Lockheed, Philip Morris International, Bank of America Locations: LSEG, Thursday's

☆ There's some really bad career advice on TikTok. Here are some of the worst tips you should ignore.
▼ + stars: | 2024-08-01 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +7 min

Honesty is crucialIffi Wahla, the cofounder and CEO of global talent network Edge, told BI the amount of misguided advice circulating on TikTok is concerning. AdvertisementBeing too genericSome career advice TikTokers encourage spamming LinkedIn and other job sites with hundreds of the same documents. Related storiesBut recruiters talk, Chapman and Wahla told BI. 'Act your wage'Martin Morris, an associate director at the recruitment agency Talos360, told BI the worst advice he's seen is to "act your wage." AdvertisementInstead, Lovell recommended briefly covering something you didn't discuss during the interview that shows you are a good fit for the role.

Persons: —, Wahla, Jill Chapman, Chapman, Martin Morris, Morris, Lovell, Chris, it's, she's Organizations: Service, Business, ageism, Insperity, SoFi Technologies, ATS Locations: —

☆ Goldman Sachs adds 4 new stocks to its conviction buy list
▼ + stars: | 2024-08-01 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Goldman Sachs added four new stocks to its conviction list going into August for equity investors looking to capitalize on the bull market. Dollar General , Philip Morris International , S & P Global and Woodward were the newest addition to the Wall Street firm's coveted stock list. For Dollar General, Goldman analysts believe the worries around low income consumer discretionary spend and competition are overdone. Meanwhile, Goldman said the market is underappreciating the growth opportunity for Philip Morris as the company innovates around its smoke-free alternatives to cigarettes. Both S & P Global and Woodward have recorded solid gains so far this year, rising 11% and nearly 17%, respectively.

Persons: Goldman Sachs, Goldman's, Philip Morris, Woodward, Goldman Organizations: Dollar, Philip Morris International, P Global, Royal Caribbean Cruises, Ally Financial, Citigroup, Amazon, Nvidia

☆ Meshell Ndegeocello Could Have Had Stardom but Chose Music Instead
▼ + stars: | 2024-08-01 | by ( Wesley Morris | ) www.nytimes.com time to read: +1 min

A good musician’s relationship with the past is tricky. You want to move forward without entirely forsaking what you’ve already done. You don’t want it defining you when so much future defining lies ahead. It’s a dilemma Meshell Ndegeocello was thinking through at her dining room table in Carroll Gardens, Brooklyn, on a recent afternoon. Ndegeocello happens to be much more than merely a good musician.

Persons: Ndegeocello, She’s, ”, that’s, James Baldwin Locations: Carroll Gardens, Brooklyn, Greenwich, America

☆ Why Scandals Are Hurting Organized Religion - The New York Times
▼ + stars: | 2024-07-31 | by ( David French | ) www.nytimes.com time to read: +6 min

Don’t Tell My Friends, But… is a seriesin which we asked Times columnistswhateveryone else is wrong about. The two concepts are so distinct within Christianity that they have different names — orthodoxy (right belief) and orthopraxy (right conduct). Right conduct should flow from right belief. The person who prioritizes orthodoxy says, “Hear my voice.” The person who prioritizes orthopraxy says, “Watch my life,” and the competing emphases can play out in concrete political ways. By contrast, the person who prioritizes orthopraxy has the opposite inclination.

Persons: Let’s, sears, ”, Donald Trump, They’re, orthopraxy, Robert Morris, United States —, Morris, Sybil Jordan Hampton, wouldn’t, Russell Moore’s, Moore, It’s, Paul Organizations: Southern Baptist Convention, Gateway, Evangelical America Locations: Southern, orthopraxy, Christianity, United States, Louisiana, Kentucky, Little Rock, Ireland

☆ Big Tobacco’s viral hit may be its biggest success since cigarettes
▼ + stars: | 2024-07-27 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +7 min

While it’s ultimately owned by tobacco giant Philip Morris International, Zyn is a tobacco-free product. Unlike traditional chewing tobacco, you don’t have to chew the pouches or spit the build-up of tobacco juice. ‘Zynfluencers’Zyn users like Danny Whalen, 26, switched to nicotine pouches last year after 10 years of chewing tobacco. (Philip Morris International told CNN it only advertises at events with an adult audience of over 85%.) Philip Morris International, which split from Phillip Morris USA, does not sell cigarettes in the United States.

Persons: Philip Morris, Bing Guan, Zyn, Phillip Morris, ” — Phillip Morris, Danny Whalen, Whalen, doesn’t, ” Whalen, “, —, Tucker Carlson, Joe Rogan, Logan Paul, “ ZYN, “ Zyn, ”, Pamela Ling, ” Phillip Morris, Ling, ” Ling Organizations: New, New York CNN, it’s, Philip Morris International, Bloomberg, Getty, Phillip Morris International, ” — Phillip Morris International, Rutgers Institute, Tobacco Studies, Rutgers, Boys, Spotify, CNN, Facebook, ESPN, Beale, Music, Pickleball, Center for Tobacco Control Research, Education, University of California San, ” Phillip Morris International, National Cancer Institute, Phillip Morris USA Locations: New York, United States, Aurora , Colorado, TikTok, University of California San Francisco

☆ We built Lovevery: How our play kits bring in $226 million a year
▼ + stars: | 2024-07-25 | by ( Raffi Paul | Kamaron Mcnair | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe built Lovevery: How our play kits bring in $226 million a yearDrawing inspiration from a doctoral thesis on infant brain development, Jessica Rolph and Roderick Morris co-founded Boise, Idaho-based Lovevery, which makes children's toys specialized for different childhood developmental phases. The company brought in $226 million in revenue last year, according to documents reviewed by CNBC Make It — powered largely by its popular subscription play kits. The company aims to reach profitability this year, Rolph says.

Persons: Jessica Rolph, Roderick Morris, Rolph Organizations: CNBC Locations: Boise , Idaho

Lovevery's toys are inspired by the homemade ones Rolph made for her son, each designed to nurture a specific developmental milestone. Launching with a single productPrior to starting Lovevery, Rolph was a co-founder of organic baby food company Happy Family, which launched in 2005. Zach Voss | CNBC Make ItThe duo decided to start simple, focusing on a single product: a play gym. They spent nearly two years relying on $2 million in seed funding to develop Lovevery's play gym, finally launching it in 2017. Lovevery's first product, the Play Gym, launched in 2017.

Persons: Jessica Rolph, Roderick Morris, Rolph, Morris, She'd, Morris —, Zach Voss, Lovevery, we'll, Raffi Paul Organizations: Boise -, CNBC Locations: Boise, Boise - Idaho, Boise , Idaho, Asia

☆ 3 dividend-paying stocks with attractive charts as broader market struggles
▼ + stars: | 2024-07-25 | by ( David Keller | ) www.cnbc.com time to read: +4 min

A subsequent pullback saw the price bounce off that breakout level, which also lined up with the 50-day moving average. This is a sector full of low-volatility, high yielding stocks that have often provided downside protection in down market phases. ES just broke to a new three-month high this week, and the stock features a dividend yield around 4.5%. When the broad market averages take a bearish turn, equity investors are often best served by getting defensive. These three stocks feature improving technical profiles, along with dividend yields well above the average for the S & P 500.

Persons: Philip Morris, BTI, Eversource, we've, David Keller Organizations: American Tobacco PLC, Eversource Energy, Eversource, Nasdaq, CMT, CNBC, NBC UNIVERSAL Locations: U.S, British American

☆ Taiwan stole America’s chip industry according to Trump. But that’s not true
▼ + stars: | 2024-07-23 | by ( Wayne Chang | ) edition.cnn.com time to read: +7 min

Industry experts tell CNN that, far from stealing, Taiwan grew its own semiconductor industry organically through a combination of foresight, hard work and investment. The only possible strength that Taiwan had, and even that was a potential one, not an obvious one, was semiconductor manufacturing,” he said. Billionaire Morris Chang, chairman and founder of Taiwan Semiconductor Manufacturing Company, in Hsinchu, Taiwan, on October 6, 2017. It now produces more than 90% of the world’s advanced chips, according to the Semiconductor Industry Association. “Taiwan has very good tech talent and an environment for research, development and investment.

Persons: Donald Trump, Morris Chang, Chang, “, ”, Billionaire Morris Chang, Wang, Christopher Miller, Miller, TSMC, ” Konrad Young, ” Young, Cho Jung, ” Cho, Trump, Trump’s, Joe Biden, Young Organizations: Taiwan CNN — Former, Bloomberg Businessweek, Republican, Industry, CNN, Taiwan Semiconductor Manufacturing, Intel, Motorola, Texas, Computer, Taiwan Semiconductor Manufacturing Company, Bloomberg, Getty, Semiconductor Industry Association, Technology, Samsung Electronics, US, Trump Locations: Taipei, Taiwan, United States, Mountain View , California, Hsinchu, Washington, “ Taiwan, China, ”, South Korea, Arizona

☆ Wall Street is hooked on Zyn. Here's how it is handling the shortage.
▼ + stars: | 2024-07-23 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +7 min

Over on Wall Street, the shortage — dubbed the "Zynpocalypse" — has not always been easy, according to finance-industry workers who spoke to BI about their love of Zyn. The sidewalk kiosk sells everything from gum to magazines to the latest New York City tabloid newspapers and is frequented by Wall Street workers, he said. Mark MoranAs Business Insider reported in January, the product has been hot across Wall Street, with sell-side traders ordering it in bulk, so it's always around. Alex NicollMoran quit Wall Street in 2021 and currently runs investor relations firm Equity Animal. "Some of these kids are just doing it because it's become a staple of Wall Street," Moran said of junior bankers in their early 20s.

Persons: —, Philip Morris, Emmanuel Babeau, Phillip Morris, I'm, Morgan Stanley, Nihal, Zyn, Alex Nicoll, Mark Moran, it's, Moran, Lazard, Alex Nicoll Moran, I'd Organizations: Service, Phillip Morris International, Wall Street, Business, BI, Barclays, Sixth, Velo, Lazard, North America, Washington, Equity Locations: Manhattan, New York City, Washington ,, Kentucky, Colorado, Swedish

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☆ Israeli former national security officials and business leaders blast Netanyahu ahead of his speech to Congress
▼ + stars: | 2024-07-23 | by ( Alex Marquardt | ) edition.cnn.com time to read: +6 min

CNN —A group of senior Israeli figures including former national security officials, academics and business leaders have sent US congressional leadership a blistering letter accusing Israeli Prime Minister Benjamin Netanyahu, who is set to speak to Congress on Wednesday, of threatening both Israeli and American national security. “Netanyahu severely harms the US national security interests through his approach to this war, which adversely impacts American policy in the Middle East and beyond and further endangers Israel,” it continues. The Obama White House had been blindsided by Netanyahu’s decision to address Congress after another invitation from a Republican House speaker, John Boehner. Typically, a vice president, in their role as president of the Senate, would attend and sit prominently on the dais. However, Vice President Kamala Harris will also miss Netanyahu’s Wednesday speech due to travel, which Biden’s national security adviser Jake Sullivan said Friday he did not expect to be a repeat of 2015.

Persons: Benjamin Netanyahu, Netanyahu, he’s, Tamir Pardo, Aaron Ciechanover, Avishay, Carmi, Morris Kahn, Jeremy Levin, “ Netanyahu, Mike Johnson, Hakeem Jeffries, Chuck Schumer, Mitch McConnell, Pardo, disinvite Netanyahu, ”, Alon Pinkas, “, Biden, –, Pinkas, ” Benjamin Netanyahu, Sen, Bernie Sanders, Schumer, Joe Biden, Biden’s, Obama, John Boehner, Kamala Harris, Jake Sullivan, they’re, ” Sullivan, ’ Organizations: CNN, Israeli, American, Ben Gurion University, Republican, ”, Obama White, Aspen Security, White, Gaza . Senior, Gallup Locations: Gaza, Israel, New York, Washington, Iran, Gaza .

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