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Travelers' third-quarter earnings came in at $5.24 per share, topping the $3.55 a share expected from analysts polled by LSEG. Blackstone reported third-quarter earnings of $1.01 per share on revenue of $2.43 billion. CSX — Shares slipped 5.9% after the transportation company reported disappointing third-quarter results. Alcoa — The aluminum producer's stock shed more than 3% after the company reported third-quarter revenue of $2.90 billion, below the $2.97 billion LSEG consensus estimate. Synovus Financial — Shares popped 5% after the company reported better-than-expected adjusted earnings per share for the third quarter.
Persons: Uber, LSEG, Elevance, Blackstone, Equifax, Synovus, — CNBC's Sean Conlon, Hakyung Kim, Alex Harring, Pia Singh Organizations: Taiwan Semiconductor, Nvidia, Micron, Times, Expedia, , LSEG, CSX, Nokia —, Alcoa, FactSet, Dynamics, Steel, Walgreens, Alliance
ASHEVILLE, N.C. — When schools here reopen for the first time since Hurricane Helene unleashed a frightening deluge on western North Carolina, teachers won’t simply pick up where they left off in their lesson plans. While all Asheville City Schools students and staff members have been accounted for, they are grieving the deaths of other members of their community. “We’re not going to be able to just jump right into academics,” Asheville City Schools chief of staff Kim Dechant said. The city has restored water for toilets and handwashing at all other district schools, Dechant said. And with schools being closed for over a month, teachers will inevitably have to account for students’ learning loss.
Persons: Hurricane Helene, won’t, They’ll, We’re, Kim Dechant, , Dechant, Maggie Fehrman, “ It’s, , Trenton Williams, Rosalyn, Elzy Lindsey, Kathy Park, Elizabeth Chuck Organizations: Asheville City Schools, Schools, Asheville, River Arts Locations: ASHEVILLE, N.C, , North Carolina, Asheville, Asheville’s, River Arts District, New York
The Summary Forecasts for hurricanes Helene and Milton were highly accurate. Nearly five days before Hurricane Milton hit Florida, National Hurricane Center forecasters predicted its track within just 12 miles of where the storm later made landfall. And yet, at a time when hurricane forecasts are at their most accurate, some meteorologists say they’ve never faced so much skepticism, hatred and conspiracy-minded pushback. They take it personally.”Hurricane forecasts have become more accurateHurricane forecasts have improved dramatically over the past 50 years. The National Hurricane Center publishes data each year about how its forecasts have aligned with reality, and the trend shows a decline in track errors since the 1970s.
Persons: Helene, Milton, , John Morales, they’ve, They’ve, , there’s, Matthew Cappucci, ” Cappucci, Cappucci, Bill Gates, Bradley Panovich, “ It’s, Kim Klockow McClain, Shel Winkley, ” Winkley, Hurricane Milton “ Organizations: Hurricane Milton, National Hurricane Center, National Weather Service, NBC, MyRadar, Washington Post, Harvard, Climate, NOAA Locations: Florida, North Carolina, Appalachia, Louisiana, Charlotte , North Carolina, Hurricane
Harris told reporters that she "found it to be quite bizarre" when Trump said during an all-women Fox News town hall that aired Wednesday morning, "I’m the father of IVF." She argued that his appointment of Supreme Court justices who voted for Roe v. Wade to be overruled undermined his claim. Trump had made the comments on IVF during a town hall event that was taped on Tuesday but aired on Wednesday. Trump also said during the town hall that "we’re totally in favor of IVF." When reached for comment on Harris' remarks, Trump campaign spokesperson Karoline Leavitt said that Trump's comments about being "the father of IVF" were "a joke."
Persons: Kamala Harris, Donald Trump's, Harris, Trump, Roe, Wade, Karoline Leavitt, Leavitt, that's Organizations: Wednesday, Fox News, NBC, Center for Reproductive Rights, Alabama, Congressional, Republicans, Trump Locations: Detroit, America
New England Patriots defensive tackle Christian Barmore was pulled over by Providence, R.I., police early Wednesday morning and apparently wasn’t pleased with how things went down. ET and cited for driving with an expired registration and plate cover violations, according to a Providence police report. Patriots head coach Jerod Mayo confirmed Wednesday the team is “aware of the situation” and that he spoke to Barmore earlier that morning. The defense has struggled without the 25-year-old defensive tackle this season and is allowing 358.8 yards per game, 25th in the NFL. The Patriots travel to London this week to face the Jacksonville Jaguars at Wembley Stadium on Sunday at 9:30 a.m.
Persons: Christian Barmore, Barmore, , ” Barmore, Jerod Mayo, Mayo, Javon Baker, Jabrill Peppers Organizations: New England Patriots, Providence, Providence police, Jeep, Patriots, Wednesday, NFL, Jacksonville Jaguars, Wembley Locations: R.I, Providence, Alabama, Boston, London
WASHINGTON — The Supreme Court on Wednesday allowed the Biden administration at least in the short term to enforce its latest attempt to curb climate-harming carbon emissions from coal- and gas-fired power plants that contribute to climate change. The Supreme Court is often skeptical of major agency actions but it has bucked that reputation in recent weeks. Under the proposed rule, the EPA wants to require “carbon capture,” a technique that uses solvents to remove carbon dioxide from a power plant’s emissions. The appeals court in July declined to block the regulation, saying the major questions doctrine did not apply on this occasion. In court papers, the challengers sought to portray the new regulation as being essentially the same as the one the Supreme Court struck down.
Persons: WASHINGTON —, Biden, Clarence Thomas, Samuel Alito, Brett Kavanaugh, Neil Gorsuch, Patrick Morrisey, Vicki Patton, Donald Trump, ” Morrisey, Elizabeth Prelogar, Prelogar Organizations: Republican, Environmental Protection Agency, U.S ., Appeals, District of Columbia Circuit, West Virginia, Environmental Defense Fund, Democratic, EPA Locations: West Virginia, U.S, EPA’s bailiwick,
Israeli officials were Wednesday scrutinizing an unusually stern letter from the U.S. government threatening to review military assistance to the government of Prime Minister Benjamin Netanyahu if it continued to block essential aid from entering the Gaza Strip. People involved in aid distribution in Gaza told NBC News that several trucks had entered Gaza City in the north of the enclave, but that aid had not been distributed elsewhere. Since Sept. 30, he said, “only 12 trucks of food have actually made it to the population” through the Erez border crossing in northern Gaza. While the U.N. only counts its own trucks, Israel includes commercial vehicles in its tallies. The State Department says U.S. pressure placed on Israel in April did work and humanitarian assistance increased.
Persons: Benjamin Netanyahu, haven’t, Andrew Miller, State Anthony Blinken, Lloyd Austin, Axios, COGAT, Scott Anderson, John Kirby, Blinken “, , it’s, we’ve, ” Charles Hollis, , It’s, Biden, Netanyahu, Yoav Gallant, Ron Dermer Organizations: U.S, State, Defense, State Department, NBC News, Israeli Defense Ministry, United Nations Relief, Works Agency, House, Gaza, The State Department, Israeli, Strategic Affairs, Reuters Locations: Gaza, United States, U.S, Israel, Gaza City, New York, British, Austin, Saudi Arabia, Iran, Hezbollah, Lebanon, Nabatieh
Tennis great Serena Williams said she had a grapefruit-sized cyst removed from her neck and she's on her recovery journey. Williams shared a Tik Tok video Tuesday revealing she found a lump on her neck back in May. “I immediately went to the doc got a MRI and was told I have a brachial cyst,” she wrote in her Tik Tok caption. Brachial cleft cysts are small sacs filled with fluid that look like lumps under the skin on the side of the neck, according to the Cleveland Clinic. In the video, Williams filmed herself showing scarring on her neck as she sat in her hospital bed.
Persons: Serena Williams, Williams, , , ” Williams, Olympia, Alexis Ohanian Organizations: Tennis, Cleveland Clinic, Health Locations: American, Olympia, Adira
Police are investigating a threatening, homophobic e-mail sent to WNBA power forward Breanna Stewart's wife as the New York Liberty compete in the finals. “Being in the Finals and everything like that it makes sense to file something formal,” Stewart said. The threat came after the Liberty lost in Game 1 of the WNBA finals against the Minnesota Lynx. Stewart told ESPN the threatening email came after the Game 1 loss. She said the league will meet with the players association, players and teams to address the matter using technology and prioritizing mental health and reinforcing security.
Persons: ” Stewart, “ don’t, Marta Xargay Casademont, Marta, Xargay, , Stewart, , Cathy Engelbert, ” Engelbert Organizations: New York Liberty, Police, WNBA, Spanish National, Force, New, New York Post, Associated Press, , Liberty, Minnesota Lynx, ESPN, NBC, Lynx Locations: New York
Thousands of cases of improperly labeled Minute Maid Zero Sugar Lemonade have been recalled after they were found to contain the regular formula of lemonade with 40 grams of sugar, according to the Food and Drug Administration (FDA). Approximately 13,152 cases of mislabeled lemonade, each including 12 cans of the mistakenly sugary drink, were shipped to retail stores in Indiana, Kentucky and Ohio. In addition to the 40 grams of sugar, regular Minute Maid Lemonade contains 30 times the calories and over 20 times the total carbs of Minute Maid Zero Sugar Lemonade, according to the nutritional facts listed on Instacart. Coca-Cola issued the recall on September 10, but a press release was never publicized, according to the FDA’s enforcement report. Concerned consumers can distinguish affected cans by searching for the codes "FEB1725CNA" and "FEB1725CNB" printed on the carton and the bottom of the cans.
Organizations: Food and Drug Administration, Cola, FDA, NBC Locations: Indiana , Kentucky, Ohio
Why this man swapped San Francisco for Colombia
  + stars: | 2024-10-16 | by ( Tamara Hardingham-Gill | ) edition.cnn.com   time to read: +13 min
CNN —After spending several years building a life he loved in San Francisco, Jason Bennett, originally from the Bay Area, had every intention of remaining in the Californian city for good. At the same time, he realized that he was mostly returning to San Francisco because he felt that was what was expected of him. “The (Colombian) culture is so kind, they don’t really like to say, ‘No,’” he says. “And I don’t ever want to come across as like I’m shading San Francisco or the United States in general. Since choosing to relocate to Colombia, Bennett has noticed a considerable change in his overall wellbeing and says he couldn’t be happier with how things have turned out.
Persons: Jason Bennett, , couldn’t, Bennett, , ” Bennett, Jason Bennett Bennett, San, he’d, “ You’ve, ’ ” Bennett, Jen, who’s, Pablo Escobar, Medellín, ” He’s, he’s, you’re, I’m, “ It’s, It’s, Uber, He’s, hasn’t, “ I’ve, ,  Bennett, I’ve Organizations: CNN, Gap Inc, Medellín, True Star Consulting, of, , World Health Organization, Colombian, US State Locations: San Francisco, Bay, American, Colombia, Lebanon, India, Estonia, Argentina, Lisbon, Portugal, Cartagena, Medellín, Castropol, Medellín’s El Poblado, Miami, America, United States, , Japan, Medellin, Francisco, Bogota, Cali
SYDNEY, Australia — King Charles, the only British monarch who has spent time living in Australia, arrives on Friday for his inaugural visit to an overseas realm as sovereign, his first major foreign trip since being diagnosed with cancer. It is embarrassing that Australians are subjects of the king, Keneally said in an interview, adding that this was no fault of King Charles, who has said a republic is a matter for Australians to decide. “I hope he is OK on this tour because he has that cancer,” Keneally said. Jan Hugo shows off her collection of memorabilia of the British royal family, near the town of Cessnock, Australia, on Tuesday. “When we drank to Australia, we drank to the Queen of Australia, and I felt that didn’t represent who we were,” he said.
Persons: Australia — King Charles, , Thomas Keneally, Keneally, King Charles, ” Keneally, , George Brandis, Jan Hugo, David Gray, Timbertop, Queen Elizabeth, Anthony Albanese, Brandis, ” King Charles, Queen Camilla, Richard Scolyer, Nathan Hansford, Australian Republic Movement . Keneally, Queen Organizations: King, News Corp, Australia, Getty, Geelong Grammar School, Labor Party, Republican, Sydney, Commonwealth, Australian Republic Movement Locations: SYDNEY, Australia, British, London, Cessnock, AFP, Canberra, Samoa, Australian
The costs of caring for ill and aging loved ones don’t show up on store shelves, but they’re front and center for voters like Sharon Zimmer. Chuck and Sharon Zimmer. If we’re looking at child care, we’re being biased if we’re not looking at elder care. Kelsey Flock, Aging and Disability Resource Center, La Crosse County, Wis.Coverage gaps like these are widespread, said David Grabowski, a professor of health care policy at Harvard Medical School. While the child care affordability crisis has gained more attention, including in the 2024 campaign, experts say elder care issues have flown comparatively under the radar.
Persons: Sharon Zimmer, Zimmer, Chuck Zimmer, , Sharon —, Kamala Harris, Sharon, Chuck, Harris, she’d, Donald Trump, Kelsey Flock, they’re, ” Flock, ” Trump, aren’t, Shekinah Fashaw, Walters, David Grabowski, Joseph Gaugler, “ It’s Organizations: U.S, AARP, Democratic, Republican, Aging, La, , Trump, Social Security, University, Pennsylvania’s Perelman, of Medicine, Medicaid, Resource, Harvard Medical School, Center, Healthy Aging, University of Minnesota’s School of Public Health Locations: Onalaska , Wisconsin, Onalaska, , La Crosse County , Wisconsin, La Crosse County, Wis
“Oh, Abdel Hadi, you came in a time of destruction and war,” she said. Abdel Hadi Al-Qanou lies in a makeshift crib made from a plastic crate, hanging on string. Delivered by cesarean section at Nasser Hospital a few days earlier on Aug. 15, Abdel Hadi Al-Qanou was almost 7lbs when he was born. Others were not so lucky, according to Dr. Shereen Allwai who worked for 10 years in Nasser Hospital as an OB-GYN. Islam Al-Qanou, 43, leaves the maternity ward at Nasser Hospital in Khan Younis, southern Gaza after giving birth to baby Abdel.
Persons: Islam Al, Qanou, Khan Younis, , Abdel Hadi, , Abdel Hadi’s, Abdel Hadi Al, Mahmood Al, Shereen Allwai, Abdel, Iyad, Dagga Organizations: United Nations Children’s Fund, NBC, Nasser Hospital Locations: Gaza’s, Khan, Gaza, Israel
LONDON — U.S. pharmaceutical giant Eli Lilly is exploring whether obesity drugs could be used to curb joblessness after signing a major investment deal with the U.K. The weight-loss treatment firm and creator of Zepbound announced Monday that it would commit £279 million ($364 million) to help tackle Britain’s significant health challenges — including obesity. Within that, the five-year trial, conducted in collaboration with Health Innovation Manchester, will also explore how weight-loss drugs impact “participants’ employment status and sick days from work,” the company said in a news release. The use cases for obesity drugs have been growing over recent months, with several drug regulators expanding GLP-1 drug labels for use in treating obesity-related comorbidities and other illnesses. The company said it anticipates making an additional £279 million of new investment into the U.K. over the coming years.
Persons: Eli Lilly, Zepbound, , Rachel Batterham, Wes Streeting, Streeting, “ It’s, ” Streeting, Peter Verdault, , Dr, Dolly van Tulleken, Eli Lilly’s Organizations: LONDON, U.K, of Health, Social, Department for Science, Innovation, Technology, Labour government’s, Investment, National Health Services, Health Innovation, International Medical, British Health, Social Care, Covid, NHS can’t, CNBC, Citi, MRC, University of Cambridge, BBC Radio, Lilly, Labs Locations: Lilly, British, Europe
DETROIT — A judge has approved a $13 million settlement in a lawsuit over an unannounced active shooter drill at a Michigan psychiatric hospital for children, an event that terrified kids and staff and caused them to scramble for cover, text family and urgently call 911. They were barricading the doors, trying to figure out how to protect the children.”Fifty children at the hospital each will receive roughly $60,000. “The state recognized that this was really a bad decision and harmed a lot of people,” she said of the drill. “We regret that our patients, staff and community were negatively affected by the unfortunate incident in December 2022,” she said. Wagner said the drill was organized by the Hawthorn Center’s safety director, who still works for the state.
Persons: Robin Wagner, ” Wagner, ’ ”, Wagner, , James Redford, Lynn Sutfin, Organizations: DETROIT, Hawthorn Center, of Health, Human Services, Hawthorn Locations: Michigan, Detroit
Republican Sen. Ted Cruz and Democratic Rep. Colin Allred traded quippy one-liners and clashed over policy Tuesday at their first and only debate in a Texas Senate race debate that both candidates agree is up for grabs. Cruz presented himself as a conservative who “will fight to keep Texas Texas,” while Allred cast Cruz as a do-nothing extremist who has not delivered for the state in his 12 years in the Senate. “When the lights went out in the energy capital of the world, he went to Cancún. If those two seats change hands to the Republican Party, Democrats will face long odds of keeping control of the chamber. Cruz went on offense over energy and blamed Democrats for inflation.
Persons: Sen, Ted Cruz, Colin Allred, quippy, Cruz, , Allred, , ” Allred, ” Cruz, Allred’s zingers, Congressman Allred, Allred’s, he’s, Roe, Wade . Cruz, didn’t, sidestepped Organizations: Democratic, Texas Senate, Capitol, United States Senate, Republican, University of Houston, Marist College, Republican Party, NFL, U.S Capitol Locations: Texas, Texas Texas, Cancún, Mexico, West Virginia, Montana, Cruz
This article is part of “Dealing the Dead,” a series investigating the use of unclaimed bodies for medical research. Tarrant County commissioners discussed terminating their agreement with the University of North Texas Health Science Center at a meeting Sept. 17. Shelby Tauber for NBC NewsTarrant County had delegated the work of contacting dead people’s families and cremating their remains to the Health Science Center. The revamped rules give preference to cremating unclaimed bodies, which is cheaper than burial. For years, Shupe urged officials to stop providing unclaimed bodies to the Health Science Center, saying it was immoral to have them dissected and studied without consent.
Persons: Alisa Simmons, Shelby Tauber, Tim O’Hare, Tarrant County’s, Tarrant, Eli Shupe, Shupe, , Dale Leggett, Tim Leggett, Tim Leggett Tim Leggett, Dale, Leggett, Organizations: NBC News, University of North Texas Health Science, Army, University of North Texas Health Science Center, NBC, Health Science Center, Department of Human Services, University of Texas Locations: Texas, Tarrant, Fort Worth, Dallas, Arlington, Tarrant County
NEW YORK, NEW YORK - OCTOBER 16: Traders and others work on the New York Stock Exchange (NYSE) floor in New York City. U.S. stock futures hovered near the flatline Wednesday evening after the Dow Jones Industrial Average closed at a record for the second time this week. Futures tied to the S&P 500 and Nasdaq 100 futures fell around 0.1% each. The S&P 500 rose 0.47%, while the tech-heavy Nasdaq Composite added 0.28%. On the economic front, traders will be looking toward weekly jobless claims and September's retail sales due on Thursday.
Persons: Adam Crisafulli, It's, Morgan Stanley, Blackstone Organizations: NEW, Traders, New York Stock Exchange, Dow Jones, Dow, Nasdaq, Alcoa, Transport, CSX, Vital Knowledge, Travelers, Elevance, T Bank, Truist Locations: New York City . U.S
Novavax on Wednesday said the Food and Drug Administration has put a hold on its application for a combination shot targeting Covid and influenza and a standalone flu vaccine, sending the company's shares down sharply. A clinical hold is an order issued by the FDA to a manufacturer to delay or suspend a proposed clinical investigation on a drug. Still, it appears to be a setback for the biotech company, which is scrambling to bring new products to market as demand for its Covid vaccine plummets worldwide. Novavax said it was working with the FDA to resolve the clinical hold on its combination shot and standalone flu vaccine. Novavax's shot, meanwhile, fends off the virus with protein-based technology, a decades-old method used in routine vaccinations against hepatitis B and shingles.
Persons: Novavax, Dr, Robert Walker, Novavax's, fends Organizations: Dutch Health Service Organization, Food and Drug Administration, FDA, Public, Pfizer, Moderna, Covid Locations: The Hague, Netherlands
CNBC's Jim Cramer critiqued Tuesday's massive semiconductor sell-off, saying some on Wall Street don't recognize the lasting importance of advanced graphics chips for artificial intelligence, especially ones from Nvidia . Semiconductor companies saw their stocks plummet on Tuesday after ASML posted a disappointing quarter a day earlier than expected. Cramer pointed out that the one bright spot in ASML's poor report was its sales of chips related to AI. And according to Cramer, AI is a large part of the reason companies continue to invest heavily in nuclear power. "In fact, it's only gonna increase, especially when tech companies and utilities are furiously trying to put up nuclear power plants to meet the energy demands of Nvidia's chips."
Persons: CNBC's Jim Cramer, ASML, Cramer Organizations: Nvidia, " Semiconductor, Devices, Broadcom, Big Tech Locations: Dutch
Buyers purchase call options when they expect a stock's price to move higher. He set a Wall Street-high price target at $38, which implies 31.7% upside over Tuesday's close. Further down the list, Royal Caribbean carried a 4.9% short interest share compared with the float. RCL NCLH,CCL YTD mountain Royal Caribbean vs. Norwegian and Carnival, year to date CrowdStrike also made the cut with a 4.4% short-interest-to-float rate. The average price target reflects the potential for shares to add more than 7% in the year ahead.
Persons: Goldman Sachs, John Marshall, Goldman, Marshall, TD Cowen, William Kerr, LSEG, Morgan Stanley, Jamie Rollo, NCLH, CrowdStrike Organizations: Goldman, Industry, Royal Locations: Royal Caribbean, Miami
Creating the Perfect Workplace
  + stars: | 2024-10-16 | by ( ) www.cnbc.com   time to read: 1 min
Looking five years into the future, leaders talk about the key elements needed to create the perfect workplace, and the steps workforce executives need to get there. Jon Frampton, Baylor Scott and White Health Interim CHRO, WEC Member, Dina Clark, Skanska USA SVP Diversity and Inclusion, WEC Member, Kristen Puchek, General Motors Chief DEI Officer, WEC Member & Angela Cheng-Cimini, Harvard Business Publishing SVP Talent and HRO, WEC Member
Persons: Jon Frampton, Baylor Scott, Dina Clark, Kristen Puchek, Angela Cheng, HRO Organizations: White, Interim, WEC, Skanska, General Motors, Harvard Business Publishing Locations: Skanska USA
Jennifer Beyer/Peacock“‘I’m sorry’ feels like the smallest words compared to what I’ve done, yet they are the truest. I trapped myself in the addiction of lies, betraying, and traumatizing my closest family, friends, and colleagues,” she wrote. Jennifer Beyer, Finch’s former wife, appears in a trailer for the series, expressing remorse for letting Finch into her home and her children’s lives. Finch also lied to colleagues in 2019 by telling them her brother had died of suicide, when he was actually alive and living in Florida, according to the outlet. Finch resigned from her position on “Grey’s Anatomy” and sought in-patient treatment before an investigation by the show began, according to the report.
Persons: Elisabeth Finch, , , Finch, ” Jennifer Beyer, Jennifer Beyer, Peacock, I’ve, ” Finch, Finch’s Organizations: CNN Locations: Florida
Lightning Round: Sweetgreen is terrific, says Jim Cramer
  + stars: | 2024-10-16 | 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: Sweetgreen is terrific, says Jim Cramer'Mad Money' host Jim Cramer weighs in on stock including: Oracle, AbbVie, Core Scientific, Clover, Health, GXO Logistics, and Sweetgreen.
Persons: Jim Cramer Organizations: Oracle, Clover, Health, GXO Logistics
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