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Every so often a drug comes along that has the potential to change the world. Medical specialists say the latest to offer that possibility are the new drugs that treat obesity — Ozempic, Wegovy, Mounjaro and more that may soon be coming onto the market. Obesity affects nearly 42 percent of American adults, and yet, Dr. Engel said, “we have been powerless.” Research into potential medical treatments for the condition led to failures. While other drugs discovered in recent decades for diseases like cancer, heart disease and Alzheimer’s were found through a logical process that led to clear targets for drug designers, the path that led to the obesity drugs was not like that. Researchers discovered by accident that exposing the brain to a natural hormone at levels never seen in nature elicited weight loss.
Persons: , , Jonathan Engel, Engel Organizations: Baruch College Locations: New York
A New York grand jury indicted a former fundraiser for Rep. George Santos' 2020 and 2022 campaigns. The indictment alleges that Sam Miele impersonated someone without their permission in order to solicit more than a dozen donations. The indictment does not say who Miele impersonated, but previous reporting notes the stolen identity was of Dan Meyer, House Speaker Kevin McCarthy's former chief of staff. While the indictment does not say who, exactly, Miele impersonated, previous reporting from The Washington Times and CNBC notes that Miele took on the identity of Dan Meyer, House Speaker Kevin McCarthy's former chief of staff. Miele's indictment comes three months after federal prosecutors unsealed a thirteen-count indictment against Santos that included charges of theft of public funds, wire fraud, and money laundering.
Persons: George Santos, Sam Miele, Dan Meyer, Kevin McCarthy's, Santos, Miele, Meyer, Goldman Sachs Organizations: Service, GOP Rep, New, Prosecutors, The Washington Times, CNBC, Washington Times, Citigroup, Catholic, Baruch College, New York University Locations: York, Wall, Silicon, New York, Miele
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full discussion with the ‘Halftime Report’ Investment CommitteeCNBC's 'Halftime Report' Investment Committee, Shannon Saccocia, Kari Firestone, Steve Weiss and Bill Baruch, discuss the market winners and losers, and recession likelihood.
Persons: Shannon Saccocia, Kari Firestone, Steve Weiss, Bill Baruch Organizations: Investment
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailServices inflation is still being very stubborn, says Short Hills Capital's Steve WeissCNBC's 'Halftime Report' Investment Committee, Shannon Saccocia, Kari Firestone, Steve Weiss and Bill Baruch, discuss the market winners and losers, and recession likelihood.
Persons: Steve Weiss CNBC's, Shannon Saccocia, Kari Firestone, Steve Weiss, Bill Baruch Organizations: Investment
On Thursday's "Ask Halftime," traders answered questions from CNBC Pro subscribers about which stocks, bonds and funds to buy, hold or sell. Bill Baruch of Blue Line Futures laid out his technical thesis on how Bank of America and JPMorgan Chase could break out if either were to trade above current share price resistance levels. Finally, Brenda Vingiello of Sand Hill Global Advisors shared why she prefers Chevron over Exxon Mobil as an energy play.
Persons: Bill Baruch, JPMorgan Chase, Brenda Vingiello Organizations: CNBC Pro, Blue, Bank of America, JPMorgan, Global Advisors, Chevron, Exxon Mobil Locations: Sand
Chart of the day: Qualcomm
  + stars: | 2023-08-03 | 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 EmailChart of the day: QualcommCNBC's 'Halftime Report' Investment Committee, Josh Brown, Brenda Vingiello, Jim Lebenthal and Bill Baruch, discuss Qualcomm as shares sink on weak q4 guidance.
Persons: Josh Brown, Brenda Vingiello, Jim Lebenthal, Bill Baruch Organizations: Qualcomm, Investment
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch the CNBC ‘Halftime Report’ investment committee discuss their big tech setupCNBC's 'Halftime Report' Investment Committee, Josh Brown, Brenda Vingiello, Jim Lebenthal and Bill Baruch, discuss the big tech setup as the market awaits earnings from Apple and Amazon.
Persons: Josh Brown, Brenda Vingiello, Jim Lebenthal, Bill Baruch Organizations: Watch, CNBC, Investment, Apple
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple's earnings are going to move the market, says Ritholtz's Josh BrownCNBC's 'Halftime Report' Investment Committee, Josh Brown, Brenda Vingiello, Jim Lebenthal and Bill Baruch, discuss the big tech setup as the market awaits earnings from Apple and Amazon.
Persons: Ritholtz's Josh Brown CNBC's, Josh Brown, Brenda Vingiello, Jim Lebenthal, Bill Baruch Organizations: Investment, Apple
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailQualcomm freefalls as phone chip sales falter. Here's what the pros are sayingJim Cramer, Jim Lebenthal of Cerity Partners and Bill Baruch of Blue Line Futures discussed Qualcomm after the company reported weaker-than-anticipated revenue and guidance in their third-quarter financial results.
Persons: Jim Cramer, Jim Lebenthal, Bill Baruch Organizations: Qualcomm, Cerity Partners, Blue
Costa Rica's President Rodrigo Chaves Robles attends the session "Leadership for Latin America" during the World Economic Forum (WEF) 2023 in Davos, Switzerland, January 18, 2023. REUTERS/Arnd Wiegmann/File PhotoSAN JOSE, Aug 1 (Reuters) - Costa Rica's top prosecutor has opened a case against President Rodrigo Chaves and various other government officials for allegations of "influence peddling," the Attorney General's office confirmed on Tuesday. The Attorney General's office said it could not comment further because the case was in a preliminary "private" stage. It is the prosecutor's second investigation involving Chaves in less than a month, following a July 17 probe over an alleged abuse of power. Reporting by Alvaro Murillo, Writing by Isabel Woodford; Editing by Valentine Hilaire and Christopher CushingOur Standards: The Thomson Reuters Trust Principles.
Persons: Costa, Rodrigo Chaves Robles, Arnd, Costa Rica's, Rodrigo Chaves, Leonel Baruch, Chaves, Alvaro Murillo, Isabel Woodford, Valentine Hilaire, Christopher Cushing Organizations: Economic, REUTERS, JOSE, Agence France, Presse, Thomson Locations: America, Davos, Switzerland, AFP
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEarnings continue to deliver, says Neuberger Berman's Shannon SaccociaBryn Talkington, Shannon Saccocia, Jim Lebenthal, and Bill Baruch join 'Halftime Report' to discuss the risk of a no-landing scenario, chip stock earnings, and fears of a pullback in the market.
Persons: Neuberger Berman's Shannon, Bryn Talkington, Shannon Saccocia, Jim Lebenthal, Bill Baruch
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's investment committee discuss the potential for a soft landingBryn Talkington, Shannon Saccocia, Jim Lebenthal, and Bill Baruch join 'Halftime Report' to discuss the risk of a no-landing scenario, chip stock earnings, and fears of a pullback in the market.
Persons: Shannon Saccocia, Jim Lebenthal, Bill Baruch Organizations: Watch
The market for e-bike delivery has grown dramatically in the past few years. Here's how startups, delivery companies, and city governments are improving safety. The explosion of delivery startups and e-bikes in the past few years has led to a new type of boom: increasing battery fires. "E-bike batteries are made up of a bunch of small batteries stacked together," Charlie Welch, ZapBatt's cofounder and CEO, said. JOCOOther startups, such as Popwheels, are engineering safe batteries that are compatible with the e-bikes delivery drivers already own.
Persons: , Uber, Ravindra Kempaiah, Michael Pecht, Brian O'Connor, O'Connor, Charlie Welch, ZapBatt's, Welch, Jonathan Cohen, Grubhub, Jonathan A, Cohen, David Hammer, Hammer, Baruch Herzfeld, they've, We've Organizations: Bloomberg, Zen Electronics, University of Maryland, Fire Protection Association, UL Solutions, US Consumer Product Safety Commission, UL Locations: New York City, New York, Halifax , Nova Scotia, China, Carlsbad , California, Brooklyn , New York
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRaise cash for upcoming market correction by trimming tech now, says Blue Line Capital's Bill BaruchBlue Line Capital's Bill Baruch joins 'Halftime Report' to discuss his decision to trim tech holdings, how seasonality can influence the scale of a market correction, and building investment exposure in the healthcare space.
Persons: Bill Baruch
On Friday's "Ask Halftime," traders answered questions from CNBC Pro subscribers about which stocks to buy, hold or sell. Jenny Harrington of Gilman Hill Asset Management explained why investors would want to own a stock like Star Bulk Carriers . Virtus Investment Partners' Joe Terranova talked about why investors should stay in PepsiCo and how it is regaining positive momentum. Finally, Bill Baruch of Blue Line Futures detailed where he sees Tesla shares going from here.
Persons: Jenny Harrington, Joe Terranova, Bill Baruch, Tesla Organizations: CNBC Pro, Management, Star Bulk Carriers, Virtus Investment Partners, PepsiCo, Blue
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAs far as the state of the consumer, we are 'okay but not robust': Gilman Hill's Jenny HarringtonJason Snipe, Joe Terranova, Jenny Harrington and Bill Baruch join 'Halftime Report' to discuss bank earnings, the state of the consumer, and more.
Persons: Gilman, Jenny Harrington Jason Snipe, Joe Terranova, Jenny Harrington, Bill Baruch
CNN —A university janitor who turned off a freezer after hearing multiple “annoying alarms,” ruined more than 20 years of research, according to a lawsuit filed against his employer by Rensselaer Polytechnic Institute in upstate New York. The school is seeking more than $1 million in damages and legal fees from Daigle Cleaning Systems as a result of the incident. The college does not believe the janitor is at fault but instead blames Daigle Cleaning Systems for failing to properly train and supervise him, according to the suit. CNN reached out to attorneys for Daigle Cleaning Systems and the Rensselaer Polytechnic Institute for comment. A warning was posted on the freezer, according to the court filing.
Persons: Lakshmi, Baruch ’ Organizations: CNN, Rensselaer Polytechnic Institute, Daigle, Systems Inc, Systems, Supreme, Biochemical Solar Energy Research, AS IT Locations: New York, Troy , New York, Rensselaer,
Someone sent Republican lawmakers in Montana letters containing an unknown white powder. Republican officials in Tennessee and Kansas also received similar letters over the last week. Several Tennessee Republicans got similar letters the day before, according to the Tennessee Star. And on June 18, the Kansas Bureau of Investigation reported that more than 100 Republican lawmakers and officials from across Kansas received similar letters, which also included the suspicious powder. The letters contained cryptic messages and details designed to get recipients to open them, lawmakers told CNN.
Persons: , Greg Gianforte, baruch, Stephen Owens, Owens Organizations: Service, CNN, Tennessee Republicans, Tennessee Star, Kansas Bureau of Investigation, Republican, Kansas, FBI, Kansas State Rep Locations: Montana, Tennessee, Kansas
On Thursday's "Ask Halftime," traders answered questions from CNBC Pro subscribers about which stocks, funds and sectors to buy, hold or sell. Bryn Talkington of Requisite Capital Management explained why she likes BHP , Rio Tinto , Freeport-McMoRan and Albemarle . Blue Line Futures' Bill Baruch owns Pioneer Natural Resources and breaks down why it's a good stock to hold. And, Jim Lebenthal of Cerity Partners talks about Oracle and why you can trim the holdings in the name after the stock's recent rally.
Persons: Bryn Talkington, Bill Baruch, Jim Lebenthal Organizations: CNBC Pro, Management, BHP, Blue, Natural Resources, Cerity Partners, Oracle Locations: Rio Tinto, Freeport, McMoRan, Albemarle
A judge has unsealed the identities of George Santos's mysterious bail sponsors. A third bail guarantor never came forward, a judge wrote. Additional identifying information in the bond documents remains sealed. US Magistrate Judge Anne Shields allowed them to be bail sureties anyway because they "agreed to be personally responsible" for Santos. If anything, Seybert wrote, Santos has drawn even more attention to their identities — giving more reason to make them public.
Persons: George Santos's, They're, Santos's, , Gercino Antônio dos Santos, Elma Santos Preven, Santos, haven't, Anne Shields, Shields, Joanna Seybert, Davis Wright Tremaine, Ghislaine Maxwell —, Jeffrey Epstein, he'd, Joseph Murray, Seybert, Goldman Sachs, Murray, George Santos, Lokman Vural, Getty Images Murray, you'll, Defendant's, Seth Wenig, Samuel Bankman, Lewis Kaplan, who's, Kaplan, Larry Kramer, Andreas Paepcke, Kramer, Paepcke Organizations: Service, Congressional, US, World Trade Center, Citigroup, Goldman, Baruch College, New York University, Anadolu Agency, Getty Images, AP, Stanford University Locations: New York, Washington, York, Brazil, Central Islip , New York, Central Islip
Rep. George Santos' sister, Tiffany, once bilked the landlord of her Queens apartment out of $40,000 in rent, according to court documents. A lawyer for the landlord told Insider Thursday that she has not started making payments. Two lawyers for legal services who represented Devolder Santos in the case didn't immediately return emails seeking comment. On Thursday afternoon, Santos told Insider by text message that he never lived at the Elmhurst apartment. "As for my sisters Perosnal (sic) dealings I'm unaware of them and find it interesting that the struggles of a private citizen newsworthy," Santos told Insider by text.
Persons: George Santos, Tiffany, , Tiffany Lee Devolder Santos, George Santos —, Devolder Santos, Todd Rothenberg, Santos, Rothenberg, Joseph Murray, Jacob Shamsian Organizations: Service, Queens County Civil Court, Property Partners, Queens, Daily, World Trade Center, Baruch College, New York University Locations: Queens, Queens County, Elmhurst, York, Brazil, Santos
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed is not backing down on its inflation target, says Cerity Partners' Jim LebenthalJosh Brown, Bryn Talkington, Bill Baruch, and Jim Lebenthal join 'Halftime Report' to discuss where the market is heading, Powell's hawkish testimony on inflation, and price action in the Russell 2000.
Persons: Cerity, Jim Lebenthal Josh Brown, Bryn Talkington, Bill Baruch, Jim Lebenthal, Powell's, Russell
Last December, Yun Yati Naing began searching for the job she would begin after graduating from Baruch College in New York City. It was one month after a law passed by the city went into effect requiring employers with four or more employees to post salary ranges on all new job advertisements. “All my friends were talking about it,” Ms. Naing said. “It really made a difference going into the work force as a fresh graduate. She tracked job opportunities on an Excel spreadsheet, and, after a flurry of interviews and offers, she accepted a job in financial services that advertised starting pay between $54,000 and $79,000.
Persons: Yun Yati Naing, Ms, Naing Organizations: Baruch College Locations: New York City
Here's why Capital Wealth's Kevin Simpson bought more Walmart
  + stars: | 2023-06-09 | 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 EmailHere's why Capital Wealth's Kevin Simpson bought more WalmartJoe Terranova, Stephanie Link, Bill Baruch, and Kevin Simpson, join 'Halftime Report' to discuss Walmart, Target and Ulta Beauty.
Persons: Kevin Simpson, Walmart Joe Terranova, Stephanie Link, Bill Baruch Organizations: Walmart, Target
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe are still in an earnings recession, says Virtus Investment’s Joe TerranovaJoe Terranova, Stephanie Link, Bill Baruch, and Kevin Simpson, join 'Halftime Report' to discuss whether the bull market is back, what the rise in S&P 500 above 4,300 for the first time since August suggests, and more.
Persons: Virtus, Joe Terranova Joe Terranova, Stephanie Link, Bill Baruch, Kevin Simpson
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