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Part motel, part new-age clinic, the facility offers nightly rentals in rooms that come equipped with “BioHealers” –- canisters that the company claims exude “life force energy,” or biophotons. “There are some forces driving that: obviously the internet and social media, and distrust of traditional medicine, traditional science. Given the primary importance of health, it’s hardly surprising that unproven medical claims and products that seem too-good-to-be-true have a long history in America. “ Distrust of government and distrust of major institutions makes people vulnerable,” said Stephen Barrett, a psychiatrist and expert in unproven medical claims who launched the organization Quackwatch in the 1970s to highlight medical scams. As a result, low-level hucksters or those peddling unproven treatments often don’t get as much attention.

Persons: BUTLER, exude, Tesla, Dr, James Liu, ”, Liu, Timothy Caulfield, Medbeds, Donald Trump, “ I’m, medbeds, ” Liu, it’s, John Brinkley, they’ve, Alex Jones, Trump, Stephen Barrett, Elon Musk, Nikola Tesla, Seth Robinson, Robinson doesn’t, We’re, Tesla’s, I’ve, Caulfield, ” Caulfield, “ It’s, ” Tesla’s, Bahman Anvari, It’s Organizations: Tesla, MedBed, Penn State University, “, University of Alberta, Walmart, Associated Press, Drug Administration, Elon, FDA, AP, University of California Locations: Pa, Pittsburgh, China, New Jersey, Butler, Tennessee, America, Florida, Delaware, Riverside

☆ Here are Jim Cramer's rapid-fire takeaways on 6 stocks in the news Wednesday
▼ + stars: | 2024-01-31 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +2 min

Jim said, "I don't know if [CEO] Carol Tome can keep the job." The fact is, he added, e-commerce is very strong and "she's not participating in it." Walmart — Founder Sam Walton liked the idea that people shouldn't have to own fractional shares, Jim said, praising the retailer's 3-for-1 stock split . "Very smart move by Walmart" to entice the individual investor with a smaller share price, Jim added. General Motors — Shares on Wednesday added to their 7.8% gain in the prior session on a strong quarter and 2024 guidance.

Persons: Jim, Carol Tome, Sam Walton, Mary Barra, Dave Calhoun didn't, Calhoun, Ozempic, Eli Lilly, Lilly, Tesla, Elon Organizations: Parcel Service, Walmart, General Motors, GM, CNBC, Club, Ford Motor, Boeing, Novo Nordisk — Locations: Delaware

☆ Walmart's stock split only shows how rare they've become in the past 20 years
▼ + stars: | 2024-01-31 | by ( Bob Pisani | ) www.cnbc.com time to read: +2 min

Walmart 's decision to split its stock 3-for-1 has revived an old debate: when is the right time to split a stock? There's no clear answer to this, but one fact is clear: stock splits are far less common than 20 or 30 years ago. That's likely because the institutional base for stock ownership has come to dominate the market. What effect does a stock split have on trading? More than 400,000 associates participate in Walmart's Associate Stock Purchase Plan today, which allows eligible associates to buy stock conveniently through payroll deductions and provides a 15% company match on the first $1,800 each year."

Persons: Sam Walton, Doug McMillon, Sam Organizations: Walmart, Institutional, Palo Alto Networks, Nvidia, Apple

☆ Walmart is selling a $248 dupe of a cozy West Elm swivel chair that costs $899
▼ + stars: | 2024-01-30 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +3 min

Walmart is selling a dupe of a pricey West Elm swivel chair. Walmart's Mira Velvet Swivel Chair costs $248, while West Elm's Cozy Swivel Chair costs as much as $899. AdvertisementOn Monday, Apartment Therapy's Morgan Pryor noted that the swivel chair sold at Walmart is a near-identical dupe to West Elm's Cozy Swivel Chair. The West Elm Cozy Swivel Chair. The West Elm Cozy Swivel Chair for $899.

Persons: Walmart's, Cozy, —, @guiliannagm, Therapy's Morgan Pryor, Stanley Organizations: Walmart, West, Service, Gardens, Shoppers, Twitter, Costco, Sam's Club Locations: Elm

☆ Sports investing has taken off, but the biggest prize in the industry remains almost untouchable
▼ + stars: | 2024-01-30 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. 3 things in marketsJim Esposito, Goldman Sachs' head of global markets and banking, is set to retire from the bank, the firm said Monday. Jim Esposito is leaving Goldman Sachs after nearly 30 years. While he didn't share his next move, he told peers he'd "bleed Goldman Sachs forever." Goldman Sachs says rate cuts need to be on the menu in March.

Persons: —, Brooks Koepka, Rory McIlroy, Keyur Khamar, Marc Lasry, Steve Cohen, Aaron Mok, LeBron James, — Arthur Blank, Gerry Cardinale, Goldman Sachs, who's, Lasry, Cohen, Point72, it's, Patrick Smith, Peacock, David Tepper, Jim Esposito, We've, he'd, Jean Boivin, David Mericle, NurPhoto, Getty, Javier Zayas, Kevin Winter, Tyler Le, Critics, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb Organizations: Service, Costco, Getty, PGA Tour, Fenway Sports Group, NFL's Atlanta Falcons, Capital Group, Milwaukee Bucks, New York Mets, NFL, Denver Broncos, Washington, Washington Post, Kansas City Chiefs, San Francisco 49ers, Carolina Panthers, BlackRock, Spotify, Apple, Google, Entertainment, Netflix, Studios, HBO, Disney, Walmart, Microsoft, Business Locations: Vegas, BlackRock, New York, London

☆ Kroger, Albertsons, and Instacart are all racing to snap up an $11 billion chunk of the retail media market
▼ + stars: | 2024-01-30 | by ( Lauren Johnson | ) www.businessinsider.com time to read: +3 min

Offsite ads currently make up about 15% of retail media spend and are expected to make $11 billion this year, according to Insider Intelligence, increasing to $24 billion by 2027. Kroger works with adtech firms like Magnite, PubMatic, and OpenX to sell streaming ads targeted with retail data. Retailers are riding the death of cookies and streaming TVBy increasing the audiences that see their ads, retailers are betting they can seize two major opportunities. "When cookies come out of the marketplace, where retail media shines is that we all offer large audiences of real people doing real things," said Kristi Argyilan, SVP of retail media at Albertsons Companies. Using retail data, they can target specific groups — like moms who buy specific products at the grocery store every week.

Persons: —, It's, Andrew Lipsman, Roku, Kroger, Lipsman, Kristi Argyilan, Cara Pratt Organizations: Service, Intelligence, Business, Walmart, Brands, Albertsons Companies, Disney, Kroger Precision Marketing

☆ Walmart’s stock is about to appear a whole lot cheaper
▼ + stars: | 2024-01-30 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: 1 min

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☆ Walmart announces 3-for-1 stock split as shares hover below all-time high
▼ + stars: | 2024-01-30 | by ( Jacob Pramuk | ) www.cnbc.com time to read: +1 min

Walmart announced a three-for-one stock split on Tuesday as the retailer's shares sit just below their all-time high. Walmart said it chose to break up shares in part to allow more employees to buy into its stock purchase plan. Walmart shares rose about 1% in extended trading. Walmart shares have climbed about 5% this year. The stock split comes as Walmart tries to boost employee benefits and loyalty.

Persons: Doug McMillon Organizations: Walmart, CNBC PRO Locations: U.S

☆ Walmart Offers Store Managers Company Stock to Make Them Feel Like ‘Owners’
▼ + stars: | 2024-01-29 | by ( Jordyn Holman | ) www.nytimes.com time to read: 1 min

Walmart, the nation’s largest private employer, is raising salaries and benefits for store managers as it looks for ways to retain them. Walmart said on Monday that managers of its U.S. stores would be eligible for grants of up to $20,000 in company stock every year. The announcement came a few weeks after Walmart said it would increase the average salary for store managers to $128,000, up from $117,000. The big-box retailer also said bonuses for store managers could reach up to 200 percent of base salary, with a store’s profitability becoming a bigger factor in the calculation. Store managers are crucial in driving sales and profitability within their stores and keeping morale high in a dynamic business.

Organizations: Walmart

☆ You might be paying twice as much by ordering takeout food on DoorDash or Postmates, new study says
▼ + stars: | 2024-01-29 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Besides tips and service fees, restaurants often also charge higher menu prices for delivery orders. AdvertisementOrdering takeout food for delivery might cost you twice as much as picking it up yourself, depending on the delivery service you use, according to a new study. AdvertisementFinanceBuzz compiled its data by ordering food from various national restaurant chains on DoorDash, Grubhub, Postmates, and Uber Eats. Delivery orders from the fried chicken chain were between 82% and 149% more expensive than pickup, depending on which delivery service customers ordered from. AdvertisementDo you work for Instacart, DoorDash, Walmart Spark, or another delivery service and have a story idea?

Persons: —, FinanceBuzz, DoorDash, Grubhub, Uber, Gruhub Organizations: Service, Uber, Panda Express, Walmart Locations: Southern California, DoorDash

Walmart said it hasn't made any changes to store managers' pay structure in more than a decade. U.S. managers of the sprawling supercenters, which run about 180,000 square feet, will receive $20,000 in stock grants. Walmart said the stock grants will vest over a three-year period, with ownership for one-twelfth of the grant total coming every quarter. The new starting annual base salary for U.S. store managers will range from $90,000 to $170,000. That means that the average base pay for store leaders will go to $128,000 from $117,000, according to Cedric Clark, executive vice president of store operations at Walmart’s U.S. division.

Persons: hasn't, ”, John Furner, Furner, Cedric Clark Organizations: Walmart, U.S, Hometown, Walmart U.S, Walmart’s U.S Locations: Bentonville , Arkansas, U.S

☆ After 20 years, I moved from New York City to Florida. I like it, but moving south has been filled with surprises.
▼ + stars: | 2024-01-29 | by ( Jenna Clark | ) www.businessinsider.com time to read: +4 min

After living in New York City for 20 years, I moved to Florida, about 15 minutes from Disney World. I was born and raised in New York City, so I knew living in Florida would be very different. It's safe to say I was very startled by this animal I wasn't expecting to see run across the front of the hotel. The nearest grocery store, restaurant, bar, laundromat, nail salon, and hair salon in New York City were conveniently only a one-block walk from my house. That's not a super far distance, but it's so different from what I'm used to.

Persons: —, Jenna Clark, ee's, there's, Ian, It's, I'm Organizations: Disney, Service, Walmart Locations: New York City, Florida, Orlando, The Texas, Southern, Disney's

☆ Walmart store managers will receive up to $20,000 per year in company stock
▼ + stars: | 2024-01-29 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +2 min

Walmart store managers are set to receive annual stock grants ranging from $10,000 to $20,000. AdvertisementIt's a good year to be a store manager at Walmart. Fresh off the announcement earlier this month of substantial pay and bonus increases, the company said Monday that it is adding annual stock grants of up to $20,000 to the store managers' compensation packages. AdvertisementThe amount of the grant will depend on the size of the store, with $10,000 for Hometown store managers, $15,000 for Neighborhood Market or Division 1 store managers, and $20,000 for Supercenter managers. Roughly three-quarters of Walmart store managers started off in hourly roles, and the company does not require a college degree to be considered for the job.

Persons: —, John Furner, Furner Organizations: Walmart, Service, Walmart's, LinkedIn, Hometown, Neighborhood Market Locations: Houston , Texas

☆ Opinion | The Promises and Problems of Buying Local
▼ + stars: | 2024-01-29 | by ( Peter Coy | ) www.nytimes.com time to read: +1 min

You can crisscross North Dakota from Fargo to Bismarck to Minot and never see a Walgreens, Rite-Aid or Walmart pharmacy. With narrow exceptions, a 1963 state law prohibits drugstores that aren’t majority-owned by a pharmacist. (CVS Health, whose predecessor company was already in the state in 1963, is grandfathered in.) It has withstood multiple challenges in court, repeal efforts in the stage Legislative Assembly, and even a statewide ballot initiative. North Dakota, by the way, also has a public bank and a state-owned flour mill, both founded shortly after World War I, so it’s kind of different.

Persons: Stacy Mitchell Organizations: Rite, Aid, Walmart, CVS Health, Institute for Local, Reliance Locations: Dakota, Fargo, Bismarck, Minot, Portland , Maine, North Dakota

Some are sentenced to hard labor and forced to work – or face punishment – and are sometimes paid pennies an hour or nothing at all. While prison labor seeps into the supply chains of some companies through third-party suppliers without them knowing, others buy direct. The AP reached out for comment to the companies it identified as having connections to prison labor, but most did not respond. Corrections officials and other proponents note that not all work is forced and that prison jobs save taxpayers money. They also aren’t learning skills that will help them when they are released,” said law professor Andrea Armstrong, an expert on prison labor at Loyola University New Orleans.

Persons: They’re, they’ve, Russell Stover, Bunge, Louis Dreyfus, Archer Daniels, Cargill, ” McDonald’s, Mills, ” Bunge, they’re, ”, David Farabough, don’t, Andrea Armstrong, Columbia University’s Ira A, Lipman Organizations: Associated Press, Kroger, Target, Aldi, U.S, Walmart, Costco –, Washington, American Civil Liberties Union, AP, Maine Foods, Taylor Farms, Archer Daniels Midland, Consolidated, Foods, Corrections, Loyola University New Orleans, Public Welfare Foundation, Columbia, Lipman Center for Journalism, Arnold Ventures Locations: U.S, Idaho, In Kansas, Cal, Arizona, Tennessee , Arkansas, Ohio, Arkansas, Investigative@ap.org

For instance, the U.S. has blocked shipments of cotton coming from China, a top manufacturer of popular clothing brands, because it was produced by forced or prison labor. While prison labor seeps into the supply chains of some companies through third-party suppliers without them knowing, others buy direct. Cargill acknowledged buying goods from prison farms in Tennessee, Arkansas and Ohio, saying they constituted only a small fraction of the company’s overall volume. For instance, about a dozen state prison farms, including operations in Texas, Virginia, Kentucky and Montana, have sold more than $60 million worth of cattle since 2018. “What for?”FOLLOWING THE MONEYThe business of prison labor is so vast and convoluted that tracing the money can be challenging.

Persons: it’s, Willie Ingram, “ They’d, billy clubs, they’d, ”, Ingram, didn’t, they’re, don’t, Andrea Armstrong, Frank Dwayne Ellington, Ellington, Koch, “ It’s, it’s somebody’s, Alishia Powell, Clark, “, Bunge, Louis Dreyfus, Archer Daniels, Cargill, ” McDonald’s, Mills, ” Bunge, Burger, Jermaine Hudson, ” Hudson, Calvin Thomas, Thomas, Ken Pastorick, Pastorick, Jennifer Turner, Faye Jacobs, Jacobs, ’ ” David Farabough, they’ve, Joshua Sbicca, Cliff Johnson, Jimmy Dean, Sara Lee, Tyson, Brevard County Sheriff Wayne Ivey, that’s, ” Ivey, “ They’re, ’ ”, William “ Buck ” Saunders, Hickman’s, Brooke Counts, Counts, John’s, Jack Strain, Tammany Parish, Russell Stover, Curtis Davis, Robert Bumsted, Cody Jackson, Columbia University’s Ira A, Lipman Organizations: Louisiana State Penitentiary, The Associated Press, Walmart, Cargill, U.S, Kroger, Target, Aldi, Corrections, Loyola University New Orleans, Koch Foods, Occupational Safety, Health Administration, Washington, Archer Daniels Midland, Consolidated, AP, Foods, Dairy Farmers of, Big, Sam’s, Tyson Foods, U.S ., Civilian, OSHA, Fair Labor, American Civil Liberties, Colorado State University, MacArthur Justice Center, University of Mississippi, PepsiCo, Brevard County Sheriff, Arizona . Companies, Costco, Correctional, Prisons, Nut, Maine Foods, Taylor Farms, Transitional, Associated Press, Public Welfare Foundation, Columbia, Lipman Center for Journalism, Arnold Ventures Locations: ANGOLA, La, Southern, Louisiana, Texas, In Louisiana, Angola, United States, “, Ashland, U.S, China, Tennessee , Arkansas, Ohio, Dairy Farmers of America, Texas , Virginia, Kentucky, Montana, Baton Rouge, Mississippi, Manhattan, America, Alabama, American, Arkansas , Texas, Florida , Alabama, South Carolina, Georgia, Arkansas, In Alabama, Florida, Brevard County, Arizona, Wisconsin, California, Colorado, state’s St, Tammany, Idaho, In Kansas, Cal, St, Francisville , Louisiana, Feliciana, Investigative@ap.org

☆ Rich parents want to give to charity and leave more money to their kids. Here's how billionaire families do it.
▼ + stars: | 2024-01-29 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +8 min

Read previewWhen the rich give to charity, they find a way to get the most bang for their buck. If the trust assets are invested and achieve an annual rate of return of 9% a year, the CLT's remainder will be $2.1 million. Advertisement"It's a fantastic low interest rate play," said Renn. "The problem now is rates have really risen and it's to the point where some investments clearly can outperform a 4% or 5% interest rate, but others might struggle." In this interest rate environment, charitable remainder trusts (CRTs) have better odds.

Persons: —, Jacqueline Kennedy Onassis, Walton, Lance Morgan, Ed Renn, I've, Renn, Dan Griffith, Griffith, CLTs, Onassis, CLATs, Alice, Jim Walton, Rick T, Jennifer Galvagna, Michael Prinzo, they're Organizations: Service, Tax, Business, Bloomberg, Huntington Private Bank, Walmart, Bank of America Private Bank Locations: Withersworldwide, CLTs, Fayetteville , Arkansas, Israel, Palestine

☆ Cramer: Earnings take center stage this week, but don't sleep on the Fed and Treasury
▼ + stars: | 2024-01-28 | by ( Jim Cramer | ) www.cnbc.com time to read: +11 min

It's ironic: We are at a moment where supply of money and demand for goods are intersecting. We have two markets: the Treasury market and the equity market, with the first more powerful than the second, even if we can't tell that in the scrum of earnings announcements. If the Fed signals more rate cuts, then we will be set up for higher stock prices if the companies deliver good earnings. The possibility of higher earnings so far has been controlled by supply and demand and the disinflation it is breeding, which may continue this week. Hence the power of their earnings to generate the mask of a higher market price-to-earnings ratio.

Persons: We've, Josh Frost, —, disinflation, Tesla, Amy Hood, McCormick, Costco's Kirkland, Jerome Powell doesn't, Price, it's, Dupont —, Dupont, Josh Frost —, Jim Cramer's, Jim Cramer, Jim, Jerome Powell, Brendan Mcdermid Organizations: Treasury, Federal Reserve, Devices, Microsoft, Apple, Financial Markets, Nvidia, Google, Walmart, Starbucks, Fed, Caterpillar, Boeing, Jim Cramer's Charitable, CNBC, New York Stock Exchange

☆ I'm a delivery driver and I get better tips from apartments than gated communities
▼ + stars: | 2024-01-28 | by ( An Arkansas Gig Worker | ) www.businessinsider.com time to read: +6 min

A Walmart Spark driver in Rogers, Arkansas, has noticed a pattern when it comes to customer tipping. AdvertisementThis as-told-to essay is based on a conversation with a driver in Rogers, Arkansas, who delivers primarily with Walmart Spark. 5260, which is south of town on Pleasant Crossing Boulevard, and Walmart store No. I'm not going to say those people living in the gated community don't deserve to be in that gated community. If you think I should be paid a fair wage and shouldn't rely on tips, don't use services that require me to not have a fair wage and to rely on tips.

Persons: —, I've, Rogers, it's, I'm, you've Organizations: Walmart, Service Locations: Rogers , Arkansas, Arkansas, Pleasant Crossing, Rogers, Pleasant

☆ Opinion: The real terrorism threat in America isn’t coming from the border
▼ + stars: | 2024-01-28 | by ( Peter Bergen | ) edition.cnn.com time to read: +6 min

CLOSE THE BORDER!”Peter Bergen CNNTrump is already in general election mode and he knows that the southern border is a weak spot for President Joe Biden. Strangely, we aren’t hearing stories of terror attacks across the US by people who infiltrated the southern border. Yet no one is calling to build a wall across the Canadian border because of concerns that terrorists are pouring in across America’s northern border. The scaremongering about terrorists pouring across the southern border also misstates where the terrorist threat in the US largely emanates from. When it comes to acts of terrorism, it might behoove Trump to take a careful look in the mirror instead of misdirecting attention to the southern border.

Persons: Peter Bergen, Osama bin Laden, Donald Trump, Peter Bergen CNN Trump, Joe Biden, Trump, Let’s, —, Ahmed Ressam, Omar Mateen, ”, Trump’s, behoove Trump Organizations: New, Arizona State University, Apple, Spotify, CNN, Customs, Border Protection, CBS News, Border Patrol, LAX Airport, Port, Pensacola Naval Air, Saudi, ISIS, Office, Walmart, US Department of Justice, Associated Press, Capitol, Trump Locations: New America, Manhattan, Canada, America’s, Port Angeles , Washington, Saudi, al Qaeda, Yemen, Florida, Panama, Mexico, Queens , New York, El Paso , Texas, Washington

☆ Workers are paying to get part of their paychecks early. It's 'payday lending on steroids,' one expert says
▼ + stars: | 2024-01-28 | by ( Greg Iacurci | ) www.cnbc.com time to read: +12 min

Fotostorm | E+ | Getty ImagesMillions of American workers are paying for early access to their paychecks. So-called "earned wage access" programs, which operate either directly to the consumer or through employers, let workers tap a portion of their wages before payday, often for a fee. Earned wage access has gotten more popularEarned wage access goes by various names: daily pay, instant pay, accrued wage access, same-day pay and on-demand pay, for example. "It's another version of payday loans," Monica Burks, policy counsel at the Center for Responsible Lending, a consumer advocacy group, said of earned wage access. However, a recent study by the U.S. Government Accountability Office found that earned wage access products "generally cost less than typical costs associated with payday loans."

Persons: it's, Marshall Lux, Lux, hasn't, Cherie Chung, EarnIn, MoneyLion, Monica Burks, —, Thad Peterson, There's, EWA, Peterson, Harvard's, we're, Stacy Greiner, Dave, Ben LaRocco, Miranda Margowsky, Margowsky, Atif Siddiqi, Siddiqi, Safwan Shah, Shah, doesn't, Harvard's Chung Organizations: Harvard University, Finance, Harvard Kennedy School, Lux, Harvard, Hilton, Uber, Walmart, Companies, Center for, California Department of Financial Protection, Center for Responsible, U.S, Government, Office, GAO, Datos, Commerce, Economic, Financial Technology Association Locations: Kroger, McDonald's, California, Vermont

☆ I compared grocery prices at Costco, Walmart, and HEB for a family of 4. I was shocked Walmart wasn't a better bargain.
▼ + stars: | 2024-01-26 | by ( Cork Gaines | ) www.businessinsider.com time to read: +2 min

Inflation is cooling overall, but food prices have been more stubborn. I went to three stores to see where I could find the best prices for my family of four. Walmart CEO Doug McMillon said food prices had not recovered in 2023 as much as other areas, during an interview with CNBC's "Squawk on the Street" on December 6. Meanwhile, HEB and Walmart were nearly identical, at about $73, and several items were priced precisely the same. AdvertisementHere's how some of the grocery prices compare at the three stores.

Persons: —, Doug McMillon, CNBC's Organizations: Service, Walmart, Costco Locations: Texas, HEB

☆ Microsoft's $3 trillion market cap milestone is the latest in a string of wins for Big Tech's elder statesman
▼ + stars: | 2024-01-25 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at Microsoft notching another big win by briefly reaching a $3 trillion valuation. It's an impressive run for a company often viewed as the least sexy in Big Tech. 3 things in marketsInstagram/grandmabetty33The stock market is looking gray, and that's a bad thing. A famed economist said you shouldn't confuse a booming stock market with a strong economy. Nobel economist Paul Krugman recently wrote about how consumers feel too optimistic about the economy due to the current stock market rally.

Persons: —, Ethan Miller, Phil Rosen, OpenAI, Ashley Stewart, Tim Matsui, Ashley, That's, it's, It'll, aren't, We're, Taylor, Paul Krugman, Patrick Pleul, Mark Zuckerberg, Marc Benioff chatted, Brad Barket, Jon Stewart, Stewart, Trevor Noah, Donald Trump, Jean Carroll's Organizations: Service, Microsoft, Apple, Amazon, Big, Rosenberg Research, AP Tesla, EV, Microsoft Windows, Walmart, Comedy Central, Bank of America, Intel, Visa, Southwest Airlines, Comcast Locations: Big Tech

☆ An Amish family had their horse and buggy stolen from a Walmart parking lot while they were shopping, police say
▼ + stars: | 2024-01-25 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +2 min

Read previewAn Amish family had their horse and buggy stolen from a Walmart parking lot while they were inside shopping, police said this week. A truck driver, who was parked in the lot, told police that he saw a woman stealing the buggy. Later that evening, the horse and buggy were found a little over two miles away from the store. AdvertisementAccording to Amish America, a website about Amish culture and communities, Michigan has the sixth largest Amish population in the US. More than 10% of the state's Amish population live in a community near Centreville, roughly 14 miles from the Sturgis Walmart.

Persons: — Organizations: Service, Business, Sturgis Department of Public Safety, Walmart, St, Sturgis Walmart Locations: Michigan, Sturgis, Detroit, Joseph County, America, Centreville

☆ HSBC sees limited stock market gains after record-setting rally, tells investors to wait for a better entry point
▼ + stars: | 2024-01-24 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

The stock market may not go much higher for the rest of 2024, according to HSBC. "We expect to see better entry points once the market re-prices rates expectations." That's compared to market expectations of 140 basis points. "That slowing would likely dampen earnings growth expectations and increase recession probabilities." Tech and consumer discretionary sectors should see the highest earnings growth, according to the firm.

Persons: Stocks, Nicole Inui, Inui, Goldman Sachs Organizations: HSBC, Fed, Tech, Stock, Walmart, CVS Health, Procter & Gamble, Mondelez, Industries, Chevron, Citigroup Locations: Howden

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