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CNN has reached out to Heuermann’s attorney, the Suffolk County District Attorney’s Office and the Suffolk County Police Department for comment. Here is a timeline of the Gilgo Beach killings, how the investigation unfolded and what ultimately led to Heuermann’s arrest. Two days later, investigators discovered the remains of three additional victims – Maureen Brainard-Barnes, Amber Costello and Megan Waterman – strewn across a half-mile stretch on Gilgo Beach. Authorities later said they believed Gilbert’s death may have been accidental and not related to the Gilgo Beach slayings. The task force included the Suffolk County Police Department, the Suffolk County Sheriff’s Office, the New York State Police and the FBI.
Persons: Long, Rex Heuermann, ” Heuermann, Melissa Barthelemy, Megan Waterman, Amber Costello, Maureen Brainard, Barnes, Heuermann, Amber Lynn Costello, Shannan Gilbert, hadn’t, , Barthelemy, , Jane Doe, Jessica Taylor, Spencer Platt, Steve Cohen, Barthelemy’s, Cohen, James Carbone, WH ”, Geraldine Hart, “ Jane Doe, Valerie Mack, Hart, Rodney Harrison, Ray Tierney, surveilling, “ Brainard, Tierney, Harrison, Eduardo Munoz Alvarez Organizations: CNN, Authorities, Attorney, CNN Sunday, Attorney’s Office, Suffolk County Police Department, Police Department, Police, Craigslist, Garden, Getty, New York’s Suffolk County Police Department, FBI, Suffolk County Police, Sheriff’s Office, New York State Police, New, Suffolk County Crime Laboratory, RH, & Associates Locations: Shore, York, Suffolk County, Suffolk, Megan Waterman Suffolk, Gilgo Beach, Gilgo, Jersey City , New Jersey, Manhattan, Madison, Manorville, Long, Wantagh , New York, Nassau County, New York City, Fire, Beach, Oak Beach , New York, , New York’s Suffolk County, Philadelphia, New York, Heuermann, Yaphank
Many of his medical achievements came at the cost of the health and well-being of enslaved Black women. He performed surgical experiments on enslaved Black women, often without the use of anesthesia. Black women were experimented on to improve health care for white womenSocietal, institutional, and systemic racism has endangered the lives of Black women for centuries. In a 2023 CDC study , Black women reported experiences of mistreatment during maternity care at the highest rate of women surveyed. As enslaved Black women were considered to be the property pf their owners, and therefore did not have their own rights of refusal, Sims' experimented on Black women in order to improve gynecological outcomes for white women.
Persons: Marion Sims, , J, Sims, Spencer Platt, fistulas, Lucy, Black, Julia Axelrod, Henrietta, Fannie Lou Hamer, sterilizing, vesicovaginal fistulas Organizations: Gynecology, Service, Design, Parks Department, Park, 103rd, Getty, Equity Locations: New York, Central, Mississippi, CDC, Montgomery
CNN —Former US President Donald Trump briefly returned as a central character in European politics earlier this week. Multiple EU officials and diplomats noted to CNN that his sudden recollection came at a particularly sensitive time, as the EU attempts to build its own defense capabilities outside of the US-led NATO alliance. Whether Trump actually made these comments or not is largely immaterial to European officials. And his hostility toward the Ukraine war effort has an impact even now, playing into the Republican Party’s reluctance to pass more US funding for Ukraine. Christine Lagarde, head of the European Central Bank, said only this week that Trump’s return would be a “threat” for Europe.
Persons: Donald Trump, Thierry Breton, Trump, Ursula von der Leyen, ” Breton’s, Russia’s Vladimir Putin, Letitia James, Spencer Platt, , Joe Biden, Europe’s, Ian Bond, ” Donald Trump, Jim Watson, Angela Merkel, Jesco Denzel, there’s, Christine Lagarde Organizations: CNN, Former, European, Republican, NATO, New York, Getty, Ukraine, , Trump, EU, Centre, Economic, European Central Bank Locations: Europe, Iowa, Ukraine, New York City, Brussels, EU, United States, America, China, Davos, AFP, Russia, Beijing, Moscow, Charlevoix , Canada, European
Wall Street made some big calls on Club stocks to kick off the first week of 2024. Apple Wall Street's take: The new year began with a bang in Big Tech and not in a good way. Apple stock received a rare downgrade from Barclays on Tuesday. We always say about Apple stock "own it, don't trade it." Microsoft, Salesforce Finally, Microsoft and Salesforce were listed as Bank of America's top picks on Friday.
Persons: Here's, IP15, , Salesforce, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Apple, Big Tech, Barclays, Tuesday, Nvidia, Data Center, Club, Honeywell, Mizuho Securities, Costco Wholesale Deutsche Bank, Costco, Microsoft, Bank, America's, Dow Jones, Dow, CNBC, Traders, New York Stock Exchange, Getty Locations: India, NVDA
The list of most-loved Club stocks on Wall Street entering the new year resembles the list of 2023 winners, except for two stocks: Constellation Brands and Disney . Among the 11 stocks, analysts expect Nvidia to have the biggest gains in the new year, based on price targets compiled by FactSet. The average price target on Wall Street is $291.31 a share, representing 20.5% upside from Constellation's close Friday. The average Disney price target of $103.08 per share implies about 14% upside from Friday's close. We maintain a price target of $120.
Persons: that's, Jim Cramer, FactSet, Elliott, Bob Iger's, Nelson Peltz, Jim Cramer's, Jim, Spencer Platt Organizations: Constellation Brands, Disney, Nvidia, Linde, TJX Companies, Microsoft, Meta, Alto Networks, Apple, New, Palo Alto Networks, Palo, Constellation, Modelo, Corona, Jim Cramer's Charitable, CNBC, New York Stock Exchange, Getty Locations: Nvidia's, Amazon, Palo Alto
CNBC Daily Open: 2023’s winners and losers
  + stars: | 2024-01-02 | by ( Yeo Boon Ping | ) www.cnbc.com   time to read: +2 min
NEW YORK, NEW YORK - DECEMBER 29: Traders work on the floor of the New York Stock Exchange (NYSE) on the last day of trading for the year on December 29, 2023 in New York City. The Dow was up slightly in morning trading in what has been a strong year for the stock market despite many economists predictions that the American economy would experience a recession. (Photo by Spencer Platt/Getty Images)This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Interest in alternative assets — which include anything outside public market assets like stocks, bonds, commodities and cash — looks to be growing.
Persons: Dow, Spencer Platt, Australia's, Bullish, bitcoin Bitcoin, Bitcoin, BYD, Tesla BYD, Tesla Organizations: NEW, New York Stock Exchange, Getty, CNBC, Pinebridge Investments, International Monetary Fund, Tesla, U.S . Securities, Exchange Commission, Elon Musk's EV Locations: New York City, Asia, Pacific, Shanghai, China, India, U.S
Spencer Platt | Getty ImagesThe labor market deteriorated for both Asian and Black workers in November, according to data released Friday by the U.S. Department of Labor. The overall unemployment rate declined 0.2% to 3.7% last month, against a forecast that it would hold steady at 3.9%. Overall, the labor force participation rate ticked up to 62.8% alongside a surge of 532,000 workers into the labor force. For white Americans, the jobless rate fell 0.2 percentage points to 3.3%. Hispanic Americans also saw their unemployment rate slip 0.2 percentage points to 4.6%.
Persons: Spencer Platt Organizations: Oculus, Getty, U.S . Department of Labor Locations: Manhattan , New York City
Nondisclosure Agreements Get Trickier Under New SEC Scrutiny
  + stars: | 2023-12-05 | by ( Mengqi Sun | ) www.wsj.com   time to read: 1 min
Provisions that impede an individual from communicating with the SEC are unlawful under the Dodd-Frank Act. Photo: Spencer Platt/Getty ImagesCompanies have long used employee nondisclosure agreements to protect proprietary information. Now, regulators are trying to ensure that clauses in those agreements don’t also serve to inhibit whistleblowers from reporting potential corporate wrongdoing. In recent months, the U.S. Securities and Exchange Commission has taken a number of actions against companies whose various employment contracts have language that might hold employees back from reporting misconduct to regulators. A watershed moment came in September, when the SEC fined hedge fund D.E.
Persons: Dodd, Frank, Spencer Platt, Shaw Organizations: SEC, Getty, Companies, U.S . Securities, Exchange Commission
download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe market volatility in the wake of the pandemic gave people visions of getting rich overnight, but true investing is a long-term play. As a result, a new market regime means new investing strategies will be necessary, James and Will write. Setting aside recency bias, it's been relatively easy to generate good returns in the market over the past 10 years. AI names may have commanded the market's attention lately, but another corner of the market is seeing impressive gains: stocks tied to digital assets.
Persons: , Liam Eisenberg, Insider's James Faris, Will Edwards, Let's, James, Will, Spencer Platt, that's, Arantza Pena Popo, bitcoin, Alyssa Powell, Prasad Kalyanaraman, Cybertruck, Elon Musk's Cybertruck, Jay, Tyra Banks, Blake Snell, Thomas Carlyle, I'd, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Business, Getty, Marathon Digital, Oxford Dictionary Locations: America, Europe, EU, New York City, San Diego, London, New York
Historically, November is the best month of the year for the stock market, and December is third, according to the Stock Trader's Almanac. Under the surface this week, we also saw signs of a possible market rotation in the works. Rotation watch : We must look to next week's trading for confirmation that we're in the grips of a rotation or simply a head fake. Signs of the former were on display this week as the two of the biggest sector winners of the year, communication services and technology , trailed the market. Jobs, jobs, jobs : The most important release of the week comes Friday in the form of the November nonfarm payrolls report.
Persons: Jerome Powell, That's, Locker, it's, Hock Tan, We'll, Joann, JOAN, JM Smucker, OLLI, Campbell Soup, Brown, Forman, LULU, Smith, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Wall, Dow, Nasdaq, Federal, Broadcom, Marvell Technology, Cisco Systems, VMWare, Club, PMI, Labor, Signet Jewelers, SIG, Brands, Toll, Thor Industries, Natural Foods, GameStop, Vail Resorts, MTN, Smith & Wesson, Jim Cramer's Charitable, CNBC, New York Stock Exchange, Getty Locations: Asana, ASAN, New York City
Allbirds was one of the last startups to go public in 2021's IPO biltz. "You need to be a great company, you need to be profitable," says Allbirds cofounder Tim Brown. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Going public before turning profitable is a thing of the past, according to Allbirds cofounder and chief innovation officer Tim Brown. "You need to be a great company, you need to be profitable," he told Business Insider.
Persons: Allbirds, Tim Brown, , Klaviyo, Lerer, confidentially, PwC, Spencer Platt, Champagne, Brown, Joanna Glasner, Didi, Rivian Organizations: Service, Time Magazine, Maveron, Tiger Global, Casper Locations: Instacart, Silicon, Americas, Allbirds, Ukraine
We are shifting our industrial exposure Tuesday afternoon by selling Emerson Electric on its slight gain and buying Eaton on today's dip. Historically when the market is overbought, we are hesitant about putting new money to work because an overbought market suggests the market has run up too far too fast and needs to digest gains. But selling one stock to buy another else keeps us cash neutral. We realize a loss of about 8% on Emerson stock purchased in December 2022. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Jim Cramer, Eaton, Emerson, Jim Cramer's, Jim, Spencer Platt Organizations: Emerson Electric, ETN, Emerson, CNBC, Traders, New York Stock Exchange, Getty Locations: Eaton, Eaton's, New York City
Oil Slips; Property Rally Boosts China Stocks
  + stars: | 2023-11-23 | by ( Chelsey Dulaney | ) www.wsj.com   time to read: 1 min
U.S. stock markets were closed for the Thanksgiving holiday on Thursday and action in most global markets was muted. Photo: Spencer Platt/Getty ImagesOil prices came under fresh pressure Thursday, after recent signs of discord among leading energy producers, while growing optimism about support for property developers helped lift stocks in Hong Kong and mainland China. With the U.S. closed for the Thanksgiving holiday, action in most global markets was muted. Futures tied to major indexes edged higher, suggesting U.S. markets could be due a small bounce when they reopen for the shortened Black Friday session.
Persons: Spencer Platt Organizations: Getty, U.S Locations: Hong Kong, China
While Fed officials haven't indicated how many months in a row it will take of easing inflation data to reach that conclusion, 12-month core CPI has fallen each month since April. The Fed prefers core inflation measures as a better gauge of long-run inflation trends. Traders appear to have more certainty than Fed officials at this point. If correct, that would take the benchmark rate down to a target range of 4.25%-4.5% and would be twice as aggressive as the pace Fed officials penciled in back in September. But pricing of Fed actions can be volatile, and there are two more inflation reports ahead before that meeting.
Persons: Spencer Platt, Lou Crandall, Wrightson ICAP, We're, Crandall, Jerome Powell, haven't, They're, Eric Rosengren Organizations: New York Stock Exchange, Getty, Federal Reserve, Labor Department, Boston Fed Locations: New York City, Atlanta
Spencer Platt | Getty Images News | Getty ImagesThis report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Meanwhile, the 10-year Treasury yield fell around 10 basis points to 4.569% and the 2-year yield slipped 3 basis points to 4.915%. As Treasury yields serve as the benchmark for interest rates on loans and cash investments, sinking yields generally benefit rate-sensitive companies more. Both the economy and markets have truly acted in strange, unprecedented ways ever since the pandemic.
Persons: Spencer Platt, they're, WTI's, that's, Alastair Pinder, Austan Goolsbee, Organizations: New York Stock Exchange, Getty, CNBC, West Texas Intermediate, Brent, Treasury, Big Tech, Amazon, Nasdaq, Dow Jones, Dow, U.S . Federal, HSBC, Chicago Federal Locations: New York City, That's, Israel
PANW YTD mountain Palo Alto Networks YTD Shares of Palo Alto Networks dropped another 4% on Monday, adding to Friday's more than 2.5% decline on Fortinet's disappointing full-year guidance. Investors were making assumptions about what Fortinet's concerns might mean for Palo Alto. In August , we told members to pick up shares of Palo Alto, which were down then, like now, on comments from Fortinet's management team. HUM YTD mountain Humana YTD Humana is another name whose stock price action simply does not reflect the fundamentals we saw in the company's most recent earnings report , out last Wednesday. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Palo, That's, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: DuPont, Palo Alto Networks, Caterpillar, Palo, U.S ., Humana, CNBC, Traders, New York Stock Exchange, Getty Locations: overbought, Palo, Palo Alto, Tenable, New York City
Traders work on the floor of the New York Stock Exchange (NYSE) on November 2 in New York City. Spencer Platt/Getty ImagesUS stocks closed higher on Thursday as investors bet that the Federal Reserve’s current round of economically painful rate hikes might be over. The S&P 500 was 1.9% higher and the Nasdaq Composite was up 1.8%. Both the S&P 500 and Dow are on track to notch their largest weekly gains this year and the Dow closed its best day since June. Treasury yields, which topped 5% just last month, have also come down precipitously.
Persons: Spencer Platt, Jerome Powell Organizations: New York Stock Exchange, Getty, Federal, Dow, Nasdaq, Treasury Locations: New York City
Our trades and decisions on stock ratings were driven more by earnings, company-specific developments and portfolio management rather than any broad commentary on the market. The stock soared more than 5% on the news, adding to those gains throughout the rest of the week. Estee Lauder's new "Profit Recovery Plan" provided little comfort because it's not expected to kick in until the company's fiscal years 2025 and 2026. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: week's, Ford, Estee Lauder, Estee, it's, Veralto, Locker, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Dow Jones, Nasdaq, Federal Reserve, U.S . Labor Department, Ford, United Auto Workers, GE HealthCare Technologies, Oracle, DuPont de Nemours, DuPont, CNBC, Traders, New York Stock Exchange, Getty Locations: oversold, China, FL, New York City
Spencer Platt | Getty Images News | Getty ImagesThe labor market showed greater deterioration for Hispanic workers, whose unemployment rate rose more than that of the U.S.', according to data released Friday by the Department of Labor. The overall unemployment rate rose 0.1% to 3.9% last month, the highest level since January 2022, against expectations that it would hold steady at 3.8%. Among Hispanic Americans, the jobless rate rose 0.2% to 4.8%. Black and Hispanic Americans were hit particularly hard by the business shutdowns in the depths of the Covid pandemic, with unemployment rate for Black workers peaking at 16.8% in 2020 and Hispanic jobless rate surging as high as 18.8%. The overall unemployment rate hit a high of 14.7% in April 2020.
Persons: Spencer Platt, Julia Pollak, ZipRecruiter's Organizations: NEW, Getty, U.S, Department of Labor, CNBC Locations: Manhattan, New York City, America
Columbia students participating in a rally in support of Palestinians. Photo: Spencer Platt/Getty ImagesMore than two dozen large law firms urged university deans to address antisemitic harassment, vandalism and assaults reported on college campuses in recent weeks. In a letter sent Wednesday, the law firms, a group that includes Kirkland & Ellis; Paul, Weiss, Rifkind, Wharton & Garrison; and Wachtell Lipton Rosen & Katz, say they have been alarmed at reports of violence and bigotry on college campuses in recent weeks, including rallies calling for the death of the Jews and the elimination of the state of Israel. The letter was sent to more than 20 top law school deans.
Persons: Spencer Platt, Ellis, Paul, Weiss, Wachtell Lipton Rosen, Katz Organizations: Columbia, Getty, Kirkland, Garrison Locations: Rifkind, Wharton, Israel
The biggest debate in tech
  + stars: | 2023-11-02 | 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. In today's big story, we're looking at the tech industry's debate over whether AI poses a real threat to humanity. The big storyBig Tech's big lieAP Photo/Julia Nikhinson; Arantza Pena Popo/InsiderWant to get someone in tech riled up? The private event, which had an exclusive guest list, has been criticized for favoring Big Tech executives over actual AI experts. "When big tech companies, big startups, and powerful VCs start calling for regulation of their hottest new technology, something is very wrong," Alistair Barr, Insider's global tech editor, told me.
Persons: , Heidi Klum's, Klum, Julia Nikhinson, Arantza Pena Popo, Andrew Ng, Ng, Big, BlackRock's Larry Fink, Spencer Platt, Elon Musk, Alistair Barr, It's, Alistair, Insider's Beatrice Nolan, Sam Bankman, Aaron Schwartz, Stanley Druckenmiller, Druckenmiller, Tyler Le, SBF, Wendy Lee, Alba Santaliestra, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Fed, Tech, Google, Australian Financial, Big Tech, Getty Images Tech, Wired, Xinhua, Getty, Market, Apple, YouTubers, YouTube, Mexico City Locations: Israel, Muertos, Mexico, New York City, San Diego, London, New York
This post originally appeared in the Insider Today newsletter. In today's big story, we're looking at a Wall Street giant jumping into one of the hottest sectors in finance. Similarly, a Google Brain cofounder said Big Tech companies are lying about AI risks to shut down competition. It's the latest example of how Big Tech can wreak havoc on smaller players overnight. The Insider Today team: Dan DeFrancesco, senior editor and anchor, in New York City.
Persons: , Julia Nikhinson, Arantza Pena Popo, BlackRock, Larry Fink, Insider's Rebecca Ungarino, Rebecca, It's, Blackstone, BlackRock's Larry Fink, Spencer Platt, Aaron Schwartz, that's, Charlie Munger isn't, Warren Buffett's, it's, Tyler Le, Ksenia Yudina, Gen Z's, Gen, Vegas Wendy Lee, Wendy Lee, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Street, KKR, Getty, Greenwich Economic, Xinhua, Federal Reserve, Big Tech, Market, Sin City Locations: Greenwich, Vegas, Las Vegas, Sin, New York City, San Diego, London, New York
CNBC Daily Open: The perfect storm
  + stars: | 2023-10-30 | by ( Shreyashi Sanyal | ) www.cnbc.com   time to read: +3 min
A new jobs report released by the Labor Department this morning shows employers added 390,000 jobs in May. (Photo by Spencer Platt/Getty Images) Spencer Platt | Getty Images News | Getty ImagesThis report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. And if that wasn't packed enough, market players will also be chasing the October jobs report due on Friday. It's expected to show the U.S. economy added 175,000 jobs last month, according to consensus estimates from FactSet.
Persons: Stocks, Spencer Platt, It's, Dow Jones, Dave Sekera, Sekera Organizations: NEW, New York Stock Exchange, Labor Department, Getty, CNBC, PCE, Fed, Apple, Pfizer Locations: New York City, U.S, FactSet
Those investments include enabling teams to schedule additional support as needed, enhancing pharmacist and technician recruitment and hiring and strengthening pharmacy technician training, according to the spokesperson. The pharmacist typically begins the shift by completing several paperwork tasks, which take about five to 10 minutes. The pharmacist and a pharmacy technician then juggle administering shots with several other tasks. The technician typically handles the first part of that task, which involves processing new prescription orders from doctors. One CVS pharmacy technician said they typically come to their store location at 7:50 a.m., 10 minutes before their eight-hour shift starts.
Persons: Mandel Ngan, weren't, Brian Snyder, , Spencer Platt Organizations: AFP, Getty, Walgreens, CVS, CNBC, Reuters Locations: Washington ,, Somerville , Massachusetts, Brooklyn, New York City
CNBC Daily Open: Meta outperformance
  + stars: | 2023-10-26 | by ( Clement Tan | ) www.cnbc.com   time to read: +3 min
(Photo by Spencer Platt/Getty Images)This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. In its third-quarter earnings report, the Facebook parent said revenue increased 23%, its fastest rate of growth since 2021. Meta is seeing faster growth in its core digital advertising business as clients rebound from a tough 2022. Meta said it expects revenue of $36.5 billion to $40 billion for the fourth quarter.
Persons: Stocks, Spencer Platt, Ford, Mattel, Meta, Mark Zuckerberg’s, Susan Li, , Jonathan Vanian Organizations: NEW, New York Stock Exchange, Labor Department, Getty, CNBC, Labor, United Auto Workers, IBM, Wall, Google, Meta, Labs, Treasury Locations: New York City, China, Israel
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