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Brian Chaney says he asked for a supervisor during his arrest in Keego Harbor, Michigan, and Police Officer Richard Lindquist told him that another officer present was in charge. The problem: That second officer was not a supervisor or even a member of the Keego Harbor Police Department. Lindquist no longer works for the Keego Harbor police and the AP was unable to reach him. “People hold police in high esteem,” said Robinson, who spent 13 years as a Detroit police officer. “Basically, I think police officers lie because they can,” Feldman said.
Persons: Brian Chaney, Richard Lindquist, Lindquist, he’s, John Fitzgerald, , James Craven, Cato, Gallup, ” Craven, that’s, Enrique Tarrio, Breonna Taylor, Chaney, , “ I’m, ” Lindquist, George Floyd, Fitzgerald, , Fitzgerald —, Leonard Mungo, David A, Robinson, ” Robinson, Robert Feldman, ” Feldman, Jennifer Farrar, ___ Corey Williams Organizations: DETROIT, Keego Harbor Police Department, Harbor Police, Criminal, D.C, Boys, Police, Supreme, New York State, Associated Press, AP, Keego, University of Massachusetts Amherst, Associated Locations: Detroit, Keego Harbor , Michigan, Chaney's, Washington, Portland , Oregon, Black, Louisville , Kentucky, U.S, Illinois, Colorado, Oregon, Keego Harbor, Minneapolis, New York
CNN —On January 7, a group of Kansas City Chiefs fans got together to watch the last game of the regular season. “I got a call at work telling me that my son had passed,” said Jennifer Marquez, mother of one of the men. “And that they found him frozen in the backyard.”Her son, David Harrington, 37, was found dead outside a friend’s home in the Kansas City Northland. “If there was something he could’ve done to help them, he would’ve done it.”But more than two weeks later, the mystery continues to puzzle the Kansas City community. Eventually, she called the Kansas City police.
Persons: , , Jennifer Marquez, David Harrington, Ricky Johnson, Clayton McGeeney, ” John Picerno, Jon Harrington, fiancée, Marquez, Clayton, KCTV, ” Marquez, they’d, KMBC, Picerno, Let’s, she’d, Harrington, he’d, ” David Harrington, David Harrington’s, Joe Sutton, Melissa Alonso, Jennifer Feldman Organizations: CNN, Kansas City Chiefs, Kansas City Northland, Police, KMBC, Kansas City, KCTV CNN, CNN Weather, CNN Weather , Kansas City, The Kansas City Star, Frontier Forensics, Chiefs, Buffalo Bills Locations: Kansas, Kansas City, CNN Weather , Kansas, The
WASHINGTON (AP) — The White House is trying to enlist school leaders to help spread the word about the importance of safely storing firearms to protect children. Also participating will be Stefanie Feldman, who runs the White House Office of Gun Violence Prevention. "We know safe storage of firearms can save lives, especially by reducing suicide by firearms and school shootings," Feldman told reporters. Guns are the leading cause of death for American children, and most guns used in school shootings are taken from the shooter’s home. There's no federal law requiring gun owners to lock up their firearms, although the White House has encouraged such rules to be implemented at the state level.
Persons: Jill Biden, Miguel Cardona, Stefanie Feldman, Feldman, , ” Feldman Organizations: WASHINGTON, Education, White, Justice Department, Education Department Locations: Congress
Lessons from COP: Charting a path for climate action
  + stars: | 2024-01-25 | 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 EmailLessons from COP: Charting a path for climate actionCNBC's Dan Murphy speaks to Badr Jafar, the CEO of Crescent Petroleum, Daniel F. Feldman, partner at Covington, and Rachel Kyte, founding co-chair at The Voluntary Carbon Markets Integrity Initiative.
Persons: Dan Murphy, Badr Jafar, Daniel F, Feldman, Rachel Kyte Organizations: Crescent Petroleum, Covington, Initiative
CNBC's "Sustainable Future Forum" returned as a special event live from the 54th Annual Meeting of the World Economic Forum in Davos, Switzerland. CNBC convened top policymakers and business leaders to evaluate the outcomes of COP28 and examine what needs to happen in 2024 to ensure pledges are upheld, and progress is made. This panel examines what needs to happen to stay on course. watch nowNavigating the Energy TransitionCOP28 climate summit reached a historic deal to transition away from fossil fuels but did the agreement go far enough? Guests on the panel included: Marco Alvera, CEO, TES Vaishali Sinha, co-founder, ReNew Alfred Stern, CEO, OMV Bold Baatar, CEO, Rio Tinto Copper Henrik Andersen, CEO, Vestas
Persons: Badr Jafar, Daniel F, Feldman, John Kerry, Biden Rachel Kyte, Sanda Ojiambo, Tania Bryer, Kofi Annan, Marco Alvera, TES Vaishali Sinha, Alfred Stern, OMV, Rio Tinto Copper Henrik Andersen, Vestas Organizations: Economic, CNBC, Crescent Petroleum, Business, Philanthropy, Conference of, UN, Partner, Staff, Initiative, Energy, TES Vaishali, Rio Tinto Copper Locations: Davos, Switzerland, Dubai, Covington, Rio
A landlord and tenant in Argentina signed the country's first-ever bitcoin-based rental contract. New regulation in Argentina allows bitcoin to be used as a valid currency in contracts. AdvertisementArgentina's and possibly the world's first-ever bitcoin-based rental contract has been signed, according to a report, marking a major milestone for crypto adoption. AdvertisementThe payments will be made via the Fiwind platform, which both parties are active members of, the company told Paginal12. A company spokesperson told Paginal12 that it is the first agreement of its kind, "at least in Argentina."
Persons: , Argentina's, Paginal12, Florencia Feldman, it's, Javier Milei, Argentinians, cryptocurrencies Organizations: Service, SEC Locations: Argentina, Rosario, bitcoin
An episode of Britain’s BBC game show University Challenge has been falsely suggested online to show contestants, as well as the broadcaster itself, reacting with an antisemitic trope to the 2023 Israel-Hamas war. In an episode aired in August, the team used a dinosaur mascot. “It seems to be quite straightforwardly a case of an octopus just being an octopus.”The mascot on University Challenge did not have a globe within its tentacles. The singled-out individual was not wearing the colours of the Palestinian flag, nor did the team’s octopus mascot belong to her. The octopus was one of several stuffed toy mascots the team used, according to the BBC.
Persons: , Church, Dave Rich, ” David Feldman, David, Read Organizations: BBC, Twitter, Facebook, University of Oxford’s Christ Church, Christ Church, Reuters, University Challenge, Community Security Trust, Birkbeck Institute, Thomson Locations: Israel
Thanksgiving may be a time for Americans to come together, but opinion is divided over what's on the crowded dinner table. We mostly agree on the deliciousness of pumpkin pie, say, but are split over the eternal turkey question of dark meat versus white meat. Americans 45 or older are especially likely to call turkey the best thing on the Thanksgiving table (39%), while younger adults who agree come in at 24%. One-third of U.S. adults who will celebrate Thanksgiving say that's their preferred dessert. Slightly fewer than half of men (46%) who plan to celebrate Thanksgiving say they will do hardly any or none of the cooking.
Persons: , Ralph Caya, Vaidehi, Carlos Stallworth, You’re, Caya, ” Stallworth, I’ve, nix, there's, Lauren Feldman, Feldman, , ___ Mark Kennedy Organizations: Associated Press, NORC, for Public Affairs Research, cranberries Locations: what's, U.S, Pensacola , Florida, Glen Rock , New Jersey, Los Angeles, Florida, Georgia, Indianapolis
Investors looking for value heading into the holiday season should look no further than the following stocks, Goldman Sachs says. The company beat on both the top and bottom line to go along with strong guidance for the fourth-quarter. TransDigm- buy rating "TDG reported F4Q23 key metrics above consensus, guided the same ones for FY2024 above consensus, announced a large special dividend & announced a new sizable acquisition. Willis Towers Watson - buy rating "We view 3Q23 results as quite supportive of our thesis around ramping talent production & cost efficiencies & we reiterate our Buy rating as we expect momentum to continue on both top & bottom line results. Trex Company- buy rating "We are also encouraged by mgmt's optimism for further top-line gains in 2024, supporting our forecast for robust FCF to allow for investments in growth opportunities and shareholder returns.
Persons: Goldman Sachs, Goldman, Ross, Willis Towers Watson, Noah Poponak, TransDigm, Poponak, Robert Cox, Willis, Cox, there's, Brett Feldman, Warner's, Feldman, shouldn't Organizations: CNBC, Warner Brothers Discovery, TransDigm, Warner Brothers, 3Q, Trex Locations: TransDigm
LAS VEGAS (AP) — The famous fountains at the Bellagio won't be very visible this week amid the roar of Formula One racing on the Las Vegas Strip, and gondoliers won't be serenading tourists at the Venetian resort. They hope Las Vegas will join Monaco on the leader board of host cities for Grand Prix events around the world. Green remembered Las Vegas Boulevard casino-hotels including the Dunes, Barbary Coast, Frontier, Silver Slipper, Sands, Desert Inn and Stardust. Huge properties new to the resort corridor include Resorts World, which opened in 2021, and Fontainebleu Las Vegas, due to open next month. “I think what what is happening is Las Vegas is becoming the epicenter of the 'fun economy,'” Feldman said.
Persons: Michael Green, , Green, , They’re, Joshua Guray, Charles Flexer, Clark, Jim Gibson, Gibson, it’s, ” Vanessa Anthes, Andrew Walsh, Walsh, Wynn, Evel Knievel, Alan Feldman, Bo Bernhard, ” Bernhard, ” Feldman, Ty O'Neil Organizations: LAS VEGAS, Bellagio, Las, gondoliers, University of Nevada, , Vegas, Monaco, Grand Prix, MGM Resorts International, selfies, Las Vegas, One Las Vegas, Police, NHL Vegas Golden Knights, WNBA Las Vegas Aces, NASCAR, Vegas Motor, NFL, Allegiant, Hollywood, Cosmopolitan, International, Seminole Tribe, Caesars, Villa, Caesars Palace, International Gaming Institute, UNLV, Tourism Council Locations: Las Vegas, Long Beach , California, Williamsport , Pennsylvania, Clark County, ” Clark, Vegas, Harrah’s, Flamingo, Horseshoe, Paris Las Vegas, Florida, Barbary Coast, Sands, Los Angeles
LSEG Workspace, a financial news and data platform, calculated inventory turnover ratios of 30 major U.S. retailers for Reuters. "I am relatively pessimistic about the holiday season," said Gerald Storch, retail consultant and former Target vice chairman and ex-CEO of Hudson's Bay. Department stores' holiday season is "likely not going to be that strong," said David Swartz, a Morningstar analyst. Reuters Graphics Reuters GraphicsTo be sure, inventory turnover is not the only metric Wall Street investors use to judge retailers' inventory levels. Some are already slashing prices and dangling discounts to clear excess inventory before Black Friday, the start of holiday shopping season.
Persons: King, King of Prussia, Sarah Silbiger, Gerald Storch, Jeff Bornino, David Swartz, Ulta, pare, Jason Benowitz, Joseph Feldman, Jane Hali, Nordstrom, Brian Mulberry, Savyata Mishra, Ananya Mariam Rajesh, Richa Naidu, Siddharth Cavale, Aishwarya Venugopal, Rod Nickel Organizations: REUTERS, Dollar, Walmart, Reuters, North America, Kroger, Department, Morningstar, TJX Companies, Dick's Sporting, Reuters Graphics Reuters, Roosevelt, Telsey Advisory, Research, Associates, Nordstrom, Zacks Investment Management, Thomson Locations: King of, King, King of Prussia , Pennsylvania, U.S, Hudson's, North
The firm upgraded shares to neutral from sell in a Wednesday note, and slightly increased its target price to $5.50 from $5. The firm upgraded the offshore drilling company to overweight from equal weight in a Thursday note and raised its price target to $106 from $84. The bank reiterated a buy rating on Disney with a $120 per share price target, or about 42% upside from Wednesday's $84.50 close. Bank of America's Jessica Reif Ehrlich also reiterated a buy rating on Disney, albeit with a $110 per share price target, which implies more than 30% upside. The bank initiated coverage of the electric vehicle giant with a reduce rating accompanied by a $146 per share price target.
Persons: Goldman Sachs, Ygal Arounian, — Brian Evans, Bud Light, Carlos Laboy, BUD, Brian Evans, EBITDA, Stephanie Yee, Parker, Banks, Parker Hannifin, Nicole DeBlase, Eddie Kim, Brett Feldman, Bank of America's Jessica Reif Ehrlich, Bob Iger's, Michael Montani, Greg Melich, — Fred Imbert, Tesla, Michael Tyndall Organizations: CNBC, Tesla, HSBC, ISI, Analysts, Citi, Anheuser, Busch InBev HSBC, Busch InBev, Middle America, InBev, BUD, JPMorgan, Montrose Environmental, Deutsche Bank, Barclays, Disney, Bank of America's Locations: China, U.S, North America, Montrose, 3Q23, EBITDA, Valaris
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDisney to report earnings after the bell: Here's what you need to knowBrett Feldman, Goldman Sachs analyst, joins 'Power Lunch' to discuss how Disney+ and Hulu fit together at which price points, to what extent Disney can capitalize on its existing library, and more.
Persons: Brett Feldman, Goldman Sachs Organizations: Disney
Analysts are eyeing updates on Disney's direct-to-consumer business and ESPN ahead of fiscal fourth-quarter results Wednesday, as the company pivots further into streaming. The analyst has a buy rating on Disney stock with a $125 per share price target, down from $128. Here's what other analysts on Wall Street are saying ahead of Disney's results. MoffettNathanson - buy rating MoffettNathanson has a buy rating on Disney stock and a $115 per share price target. Wells Fargo - overweight rating Wells Fargo analyst Steven Cahall rates the stock overweight with a $110 per share price target.
Persons: Disney, Goldman Sachs, Brett Feldman, Jason Bazinet, Morgan Stanley, Ben Swinburne, Michael Nathanson, Nathanson, Wells, Steven Cahall, Cahall, Michael Bloom Organizations: ESPN, Disney, DIS, Hulu, Comcast, Citi, Press, Sports, CNBC
The person spoke to the AP on condition of anonymity because Michigan is not discussing its strategy publicly, and did not provide details of its potential next moves. Michigan and the Big Ten have both confirmed the school was notified of potential discipline from the conference. The NCAA is investigating Michigan, too, but its process is slower and is likely to stretch well past the season. Former Michigan star and Heisman Trophy winner Desmond Howard said in an email response to AP such a situation wouldn't happen in the Southeastern Conference. Michigan could seek a court order from a judge that would put any punishment from the Big Ten on hold.
Persons: Tony Petitti, Desmond Howard, Greg Sankey —, Mike Slive, , Howard, Petitti, Jim Harbaugh, “ It’s, Gabe Feldman, Connor Stalions, Stalions, Harbaugh, Ralph D, Russo Organizations: Big Ten Conference, Wolverines, Associated Press, Ten, College Football, Penn State, NCAA, Major League Baseball, Michigan, Heisman, Southeastern Conference, ESPN's “, GameDay ”, Big, Tulane, AP Locations: Michigan, . Michigan, “ Michigan
Two years later, Congress put such a law in place, prohibiting people facing domestic violence restraining orders from having guns. Gun rights organizations are supporting Zackey Rahimi, the Texas man whose challenge to the law led to the Supreme Court case. A gun, though, is more than just a potential source of violence, Glenn said, recalling how her husband threatened her and her then-teenage son, David, repeatedly. Rahimi’s case reached the Supreme Court after prosecutors appealed a ruling that threw out his conviction for possessing guns while subject to a restraining order. The court's decision in the Rahimi case could have widespread ripple effects, including in the high-profile prosecution of Hunter Biden.
Persons: — Ruth Glenn, Glenn, Cedric, ” Glenn, Zackey Rahimi, Shira Feldman, Brady, , ” Feldman, David, it’s, Rahimi, Cory Wilson, Wilson, ” Wilson, Clarence Thomas, Hashim Mooppan, Trump, ” Mooppan, , Clark Neily, Jacob Charles, Hunter Biden, ” Charles, Cedric Glenn, “ We’re, we’re Organizations: WASHINGTON, Associated Press, Survivor Justice, Biden, Republicans, Democrats, for Disease Control, Gun Safety, Circuit, Justice Department, Georgetown Law, Cato Institute, Pepperdine University Locations: Denver, Glenn, Texas, Arlington , Texas, U.S, Bruen, Malibu , California
Horton is set to report earnings before the bell, followed by a conference call at 8:30 a.m. Wednesday Biogen is set to report earnings in the premarket. Disney is set to report earnings after the close, with a conference call scheduled for 4:30 p.m. MGM Resorts is set to report earnings after the closing bell, with a call slated for 5 p.m. What history shows: MGM only exceeds earnings estimates 53% of the time, Bespoke data shows.
Persons: Horton, FactSet's John Butters, Butters, D.R, DHI, BIIB, WBD, Max, Bank of America Jessica Reif Ehrlich, Goldman Sachs, Brett Feldman, Bill Hornbuckle, — CNBC's Michael Bloom Organizations: Disney, MGM Resorts, CNBC, LSEG, Federal Reserve, Investment, Warner Bros, Warner Bros Discovery, Warner, Bank of America, MGM Locations: Macao
Biden to pay his respects to Maine shooting victims
  + stars: | 2023-11-03 | by ( ) www.reuters.com   time to read: +2 min
[1/3] Mourners look at pictures of the victims during a vigil for the victims of the deadly mass shooting, at the Basilica of Saints Peter and Paul, in Lewiston, Maine, U.S., October 29, 2023. REUTERS/Kevin Lamarque/File Photo Acquire Licensing RightsWASHINGTON, Nov 3 (Reuters) - U.S. President Joe Biden and first lady Jill Biden will meet on Friday families and victims of a mass shooting that devastated the city of Lewiston, Maine. "Recovering from this attack will be long and difficult, and President Biden is committed to marshaling resources from across the federal government to support Lewiston every step of the way," she said. She also said Biden will continue urging Congress to act on gun safety legislation that has been stalled. The latest mass shooting in the United States prompted U.S. Representative Jared Golden, whose constituents died in the massacre, to reverse his opposition to a ban on assault-style weapons.
Persons: Saints Peter, Paul, Kevin Lamarque, Joe Biden, Jill Biden, Robert R, Stefanie Feldman, Biden, Jared Golden, Steve Holland Organizations: Saints, REUTERS, Rights, U.S . Army, White, Lewiston, U.S, Thomson Locations: Lewiston , Maine, U.S, Tel Aviv, Israel, Lewiston, United States, Washington
China’s message at the time was that even if change was coming to Hong Kong, its spirit of “anything goes” would be staying put. People gather outside a restaurant on a near-empty street in the Soho area of Hong Kong. Officials say they were “fluorescent.”A Hong Kong government spokesman told CNN this week that the activities were “well-received by local residents and tourists”. Under Hong Kong’s pandemic restrictions, live music was all but banned in small venues for more than 650 days. Months before the virus emerged, China had been tightening its grip on Hong Kong in response to pro-democracy protests that had spread throughout the city.
Persons: Hong Kong, Boy George, Grace Jones, Pete Tong, Paul Oakenfold, China’s, Deng Xiaoping, China –, Deng, Deng’s, , Noemi Cassanelli, Hong, John Lee, , , Gary Ng, Covid, Benson Wong, Wong, Lan Kwai Fong, Cassanelli, Hong Kongers, Kongers, Ng, Yan Wai, ” Yan, hasn’t, Billy H.C, Kwok, Richard Feldman, Feldman, Becky Lam, ” Lam, “ They’ll, ” Feldman, Kwai Fong, Marco Chan, Chan, ” Allan Zeman, Allan Zeman, Lan, CNN “ They’ll, they’ll, Lam, Hong Kong’s Organizations: Hong Kong CNN, East, West, Britain, Occupy Central, National Security, Michelin, CNN, Hong, Tai Hang, National, Hong Kong Wine, HKSAR, Immigration Department, Chinese University of Hong, Soho Association, Netflix, , Lan Kwai Fong Group, Hong Kong, Shady Locations: China, Hong Kong, Asia, Hong, Soho, Japan, Singapore, Tai, Thailand, Lan Kwai, expats, Britain, Canada, Australia, Natixis, Chinese University of Hong Kong, Lan, revelers, California, Central, Shenzhen, Hong Kong’s Central, Bangkok, Shanghai, Taipei, Petticoat
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJapan's labor market shortage has gotten 'extraordinarily serious,' says Morgan Stanley economistRobert Feldman, chief economist of Morgan Stanley MUFG Securities, discusses Bank of Japan policy and the challenges the country's labor market faces.
Persons: Morgan Stanley, Robert Feldman Organizations: Securities, Bank, Japan
The UAW's talks, replete with weekly addresses by union President Shawn Fain, were among the most unabashed. The agreements may be a selling point for non-union shops to push for unionization, said San Francisco State University labor and employment professor John Logan. Nissan (7201.T) and other competitors may feel compelled to boost wages to retain their workforce. UPS AND ITS RIVALSThe UPS deal in August raised pay and eliminated a two-tier wage system for drivers at the Atlanta-based company. That bolstered organizing efforts among Amazon workers and put pressure on UPS rivals to close a growing gap in pay.
Persons: Shawn Fain, Harley Shaiken, Stellantis, John Logan, Mack, Marcos Feldman, Feldman, Joe Biden, Kate Bronfenbrenner, Bianca Flowers, Jonathan Oatis Organizations: United Auto Workers, Detroit Three, Ford Motor, Chrysler, General Motors, University of California, Berkley ., San Francisco State University, UAW, Starbucks, Economic, UPS, Caterpillar, Workers, Deere & Co, Employers, U.S . Department of Labor, Amazon, National Labor Relations Board, Atlanta -, FedEx, Reuters, Cornell University, Industries, Thomson Locations: Detroit, Berkley, Berkley . Union, New York, Atlanta
[1/3] People react as residents of Tel Aviv show support and solidarity with the families of hostages who are being held in Gaza in Tel Aviv, Israel, October 21, 2023. Prime Minister Benjamin Netanyahu has vowed to eliminate Hamas and Israeli troops could enter Gaza at any moment, but many families are urging him to focus solely on the hostages. Israel has a long experience of dealing with hostage crises, but has previously shied away from attempting rescue operations in the densely populated Gaza Strip. Some of the freed Palestinians returned to the ranks of Hamas, including its current leader in Gaza, Yahya Al-Sinwar. We have to help these hostages very fast," said Daniel Lifshitz, whose grandparents, aged 83 and 85, were abducted and have vanished into Gaza.
Persons: Ammar Awad, Israel, Benjamin Netanyahu, Noam Alon, Inbar, Isaac Herzog, Carmel Gorni, Yiftah Gorni, Gorni, Ilan, Sandy Feldman, Herzog, Keith Siegel, Jonathan Dekel, Chen, Sagui, Netanyahu, Gilad Shalit, Yahya Al, Shalit, Gal Hirsch, Daniel Lifshitz, Crispian Balmer, Alison Williams Organizations: REUTERS, U.S, Aviva, Reuters, Hamas, Thomson Locations: Tel Aviv, Gaza, Israel, Gaza Israel, Jerusalem, Palestinian, Qatar, Qatari
This remote town is also where an alleged graft and money-laundering scheme related to the El Calafate hotels owned by the Kirchner family took place. In El Calafate, architect Walter Pieroni said some properties on the edge of the main commercial center could go days without water because of poor planning. In Santa Cruz, a province of some 333,000 people, fixing things was once the role of the Kirchners. Under the Kirchners, an airport was built in El Calafate, roads were paved to the glaciers, and plots of land were distributed to locals. "But they created a model that does not work and now our children have no future in this country," said Feldman, who has lived in El Calafate since 1987.
Persons: RIO, Alicia Kirchner, Kirchner, Javier Milei, Milei, " Kirchner, Nestor Kirchner, Cristina Fernandez de Kirchner, Fernandez de Kirchner, Alberto Fernandez, Patricia Bullrich, Sergio Massa, Santa Cruz, Brian Franco, Moreno, Franco, Eugenio Quiroga, El, Walter Pieroni, Weeks, Pieroni, Guillermo Carnevale, Peronist Fernandez, Mauricio Macri, Kirchnerism, Ana, Guerrero, hadn't, We've, Danny Feldman, Feldman, Lucinda Elliott, Adam Jourdan, Daniel Wallis Organizations: Peronist, Reuters, International Monetary Fund, El, Suppliers, Thomson Locations: Argentina, Rio Gallegos, Santa Cruz, Santa, China, Brazil, El Calafate, Spain, Germany, Buenos Aires
For the entire grocery industry, Cowen sees AI amplifying "loyalty by harnessing customer interaction data to offer prescriptive advice." Customer experience Costco has the "unique opportunity to drill into the buying habits of their individual members," Morningstar retail analyst Noah Rohr told CNBC in an interview. Rohr believes that generative AI advancements could be as simple as making promotional emails more relevant to each individual member. The retailer utilizing its large customer data sets is "a big advantage when it comes to inventory planning," Morningstar's Rohr said. Rohr said Costco can also optimize its data with AI by making sure store employees are using their time efficiently.
Persons: TD Cowen, Cowen, Noah Rohr, Joe Feldman, ChatGPT, Rohr, Feldman, it's, Morningstar's Rohr, Kirkland, Jim Cramer's, Jim Cramer, Jim Organizations: Costco, Walmart, Morningstar, CNBC, Kirkland, Advisory, Corbis, Getty Locations: Kirkland, Teterboro , New Jersey
Wall Street analysts have issued their lists of top stocks for the fourth quarter, and a slate of familiar names made the cut. These companies are firing on all cylinders and have more room to run, they said. They include Nvidia , Microsoft, Boeing and T-Mobile. Microsoft Buy any dip in the tech giant's shares, Wells Fargo said earlier this week. In addition, Boeing is in a "premier position" with its jumbo jet manufacturing as the company maintains a large market share, the firm said.
Persons: Wells Fargo, Michael Turrin, ROY, Wells, Mobile Goldman Sachs, Brett Feldman, Feldman, Goldman, Ronald Epstein, AeroSystems, Epstein, Grace, Hopper, C27E, , Goldman Sachs Organizations: CNBC, Nvidia, Microsoft, Boeing, Mobile, Sprint, Boeing Global, Bank of America, Mizuho, ~$
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