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"If you want to win in 2024, if you do not want the blood of my generation to be on your hands, end fossil fuels." The March to End Fossil Fuels featured such politicians as Rep. Alexandria Ocasio-Cortez and actors Susan Sarandon, Ethan Hawke, Edward Norton, Kyra Sedgewick and Kevin Bacon. "If you don't stop fossil fuels our blood is on your hands." And the march, unlike others, was more clearly focused on fossil fuels. Signs included "Fossil fuels are killing us" and "I want a fossil free future" and "keep it in the ground."
Persons: Spencer Platt, it's, Joe Biden, Emma Buretta, Alexandria Ocasio, Cortez, Susan Sarandon, Ethan Hawke, Edward Norton, Kyra Sedgewick, Kevin Bacon, Antonio Guterres, Athena Wilson, Maleah, Athena, Alexandria Gordon, Biden, Sharon Lavigne, Jean Su, Eve Ensler, Anna Fels, Vanessa Nakate, Megan Bloomgren Organizations: United Nations, Ambition, UN, Assembly, Getty, Sunday, U.S, Broadway, U.N, Boca, Center for Biological Diversity, New Yorker, American Petroleum Institute Locations: New York, New York City, Brooklyn, Alexandria, Sunday's, Boca Raton , Florida, Florida, Houston, Louisiana, U.S, United States, China, New, Vietnam
David's Bridal filed for bankruptcy in April and was sold in July to Cion Investment Corp.CEO Jim Marcum is optimistic about David's Bridal's future. David's Bridal filed for bankruptcy in April , the second time in five years. Jim Marcum became the CEO of David's Bridal in 2019. There's been a lot going on with David's Bridal recently. David's Bridal dresses range from $199 to $2,000, Marcum said.
Persons: David's, Jim Marcum, Marcum, that's, Jennifer Ortakales Dawkins, There's, We've, it's, They'd, we've, That's, Randy Brooke, David Bridal, I've, Spencer Platt, Pearl, there's, didn't, they've, We're Organizations: Cion Investment Corp, Service, Signet Jewelers, David's, Walmart Locations: Wall, Silicon, Suez, Baltimore, United States, America
We are buying 75 shares of Stanley Black & Decker (SWK) at roughly $86.93. Following Friday trade, Jim Cramer's Charitable Trust will own 575 shares of SWK, increasing its weighting to 1.73% from 1.51%. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Stanley Black, Decker, Jim Cramer's, Morgan Stanley, Stanley, Jim Cramer, Jim, Spencer Platt Organizations: Stanley, SWK, Morgan, CNBC, New York Stock Exchange, Getty
How knockoffs took over America
  + stars: | 2023-09-14 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com   time to read: +10 min
But these fake products have major financial and societal impacts that can lead to lost sales, jobs, and livelihoods. US Customs and Border Protection officers inspect boxes of counterfeit products at the Los Angeles/Long Beach Seaport complex. Edward Berthelot/GettyWhy sales of counterfeit goods have soaredE-commerce has been a breeding ground for knockoffs. AdvertisementAdvertisementAccording to the US Sentencing Commission , the maximum sentence for selling counterfeit goods is 10 years in prison. In 2020, Amazon established its Counterfeit Crimes Unit, which works with brands to identify and remove counterfeit products.
Persons: Daniel Shapiro's, Hugo Boss, counterfeiters, Spencer Platt, Getty, Shapiro, Jason Armond, Gabrielle Chanel, Michael Kors, Gucci, Chanel, Zers, Edward Berthelot, Superfakes, They've, Wang Zhao, I'm, counterfeits, It's Organizations: Service, Red, Puma, Fila, eBay, US Department of Homeland Security, International Chamber of Commerce, Frontier Economics, Customs, Border Protection, Los, United States Intellectual, United Nations Office, Drugs, UN, Seaport, Economic Cooperation, Development, US Chamber of Commerce, US Customs, Protection, US, Commission, Nike, Amazon Locations: Wall, Silicon, Manhattan, Los Angeles, Long, Beijing, Europe, China
Cavalcante, 34, fled Chester County Prison last week by “crab walking” between two walls, scaling a fence and traversing across razor wire. Cavalcante was convicted of first-degree murder last month for the 2021 killing of his former girlfriend, 33-year-old Deborah Brandão, in Chester County. Spencer Platt/Getty ImagesMultiple sightings with no captureAs of Friday, there have been several credible sightings of Cavalcante, Bivens said. And as the search stretches into the 10th day, authorities are confident they will bring Cavalcante back into custody. • September 2: Cavalcante was spotted on surveillance video about 1.5 miles from the prison, authorities said.
Persons: Cavalcante, , George Bivens, ” Bivens, Bivens, it’s, Danelo Cavalcante, Philadelphia –, Deborah Brandão, Brandão, Spencer Platt, He’ll, Howard Holland, Holland, , Organizations: CNN, ” Pennsylvania, Police, Chester, Authorities, US Marshals Service, Getty, WPVI, Longwood Gardens Locations: Chester County, , Chester, Philadelphia, Brazil, Kennett Square , Pennsylvania, Pocopson Township, Longwood
Insider Today: Gen Z is out on college
  + stars: | 2023-09-05 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +9 min
This post originally appeared in the Insider Today newsletter. In today's big story, we're looking at why college isn't part of the plan for some Gen Zers. Between skyrocketing tuition costs and underwhelming salaries, some Gen Zers are skipping college altogether, writes Charlotte Lytton. A recent survey found that 40% of business leaders think recent Gen Z college grads are unprepared when they enter the workforce. The Insider Today team: Dan DeFrancesco, senior editor and anchor, in New York City.
Persons: Dan DeFrancesco, weren't, Zers, Chelsea Jia Feng, Zers aren't, Charlotte Lytton, It's, Alix Earle, NFTs, TikTok hasn't, Earle, Alix Earle's TikToks, @alixearle, Spencer Platt, Goldman Sachs, we've, David Rosenberg, Rosenberg, Kevin Dietsch, Marc Benioff, they're begrudgingly, Arantza Pena Popo, Corizon, Sen, Elizabeth Warren, James Webb, Stephen King, Holly Gibner, Rice, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Electric, Wall, Tech, University of Miami, Getty, JPMorgan, Amazon, James, James Webb Telescope, Hubble, NASA, ESA, CSA, Costco, Kirkland Locations: Wall, Silicon, NFTs, Blackstone, Bridgewater, Seoul, New York City, San Diego, London, New York
According to Goldman's chief economist, Jan Hatzius, some 25% of all US workers work from home at least part of the week. So, which Wall Street firms are still letting employees work from home at least part of the time? On days employees are in, the firm focuses on taking "advantage of our shared location," it reads. At that time, the firm called for its employees to come into the office a minimum of three days a week. Since then, most employees have been in the office throughout the week, according to a person familiar with the firm.
Persons: Goldman Sachs, David Solomon, Citadel's Ken Griffin, Joe Biden, Jan Hatzius, Hatzius, Jamie Dimon, Goldman, Goldman Sachs Goldman Sachs, , Dimon, JPMorgan Gretchen Ertl, Jane Fraser, she's, Fraser, they're, Citigroup Patrick, Fallon, Brian T, Moynihan, Bank of America Shannon Stapleton, Reuters Morgan Stanley Morgan Stanley's, James Gorman, Gorman, Gorman doesn't, Morgan Stanley, we're, James Gorman SAUL LOEB, Larry Fink, Larry Fink Spencer Platt, Citadel's Griffin, Griffin, Raj Mahajan, Ken Griffin, Milken, Mike Blake, Blackstone, Stephen Schwarzman Roy Rochlin, Nir Bar Dea, Izzy Englander's Organizations: JPMorgan, Blackstone, Morning, Citadel, Bloomberg, Business, Deloitte, JPMorgan JPMorgan, Goldman, Citigroup, Street, Bank, Economic, Getty Images Bank of America Bank of, Bank of America, Reuters, Getty, BlackRock BlackRock, Yards, Labor, Fox, BlackRock, Citadel Securities, Blackstone Blackstone, Bridgewater Bridgewater Associates, Bridgewater Associates, Bridgewater Locations: Citadel, Davos, Switzerland, New York City
Anderson Cooper Is Still Learning to Live With Loss
  + stars: | 2023-09-03 | by ( David Marchese | ) www.nytimes.com   time to read: +8 min
Talk Anderson Cooper Is Still Learning to Live With LossFor decades, Anderson Cooper, 56, has been a steady, humane and comparatively calm presence on TV news. I could write maybe a little essay about my gay — I don’t know what. Cooper reporting for CNN’s “Anderson Cooper 360°” in Ghana in 2009. So I don’t think you can paint with quite as broad a brush. I don’t know.
Persons: Anderson Cooper, CNN’s “ Anderson Cooper, , Cooper, Wyatt, Carter, Gloria Vanderbilt, “ Astor, “ Vanderbilt, Katherine Howe, Chris Licht, ” Cooper, ” Anderson Cooper, Wyatt Cooper, Jack Robinson, I’ve, didn’t, we’ve, Brent Stirton, Fox, Jake Tapper, I’m, Donald Trump, Spencer Platt, , he’d, he’s, that’s, Charlie Brown, womp, David Marchese, Alok Vaid, Menon, ordinariness, Joyce Carol Oates, Robert Downey Jr Organizations: CNN, Hulton, Fox, Fox News, Republican, Marvel Locations: , Ghana, South Carolina
Rudy Giuliani keeps saying he's broke and can't pay legal bills. Giuliani, US District Judge Beryl Howell wrote, provided only "a sliver of the financial documents required to be produced" for the lawsuit. Since the dawn of time, people have made up excuses to avoid doing things they do not want to do," Smartmatic's lawyers wrote. According to Smartmatic, Giuliani has provided shifting and slippery answers to questions about whether he can afford them. AdvertisementAdvertisement"So far, Giuliani's financial position tends to be whatever is most convenient for Giuliani," Smartmatic's lawyers wrote.
Persons: Rudy Giuliani, he's, Giuliani, Beryl Howell, Howell, didn't, — he's, , Donald Trump, Rudy, Smartmatic, Joe Biden, Jacquelyn Martin, Giuliani hasn't, he'll, Spencer Platt, Mayor Giuliani, Ted Goodman Organizations: FBI, Service, US, Manhattan , New York City, Hamptons, New York Times, Trump, Save America PAC, Giuliani, Manhattan Locations: Wall, Silicon, Georgia, Manhattan, Manhattan , New York, Atlanta, New York
We are selling 50 shares of Emerson Electric (EMR) at roughly $98.31. We are making a small sale in Emerson Electric and downgrading our rating to 2. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer's, Emerson, Jim Cramer, Jim, Spencer Platt Organizations: Emerson Electric, National Instruments, NI, JPMorgan, CNBC, New York Stock Exchange, Getty
These four trends are shaping the gun industry
  + stars: | 2023-08-27 | by ( Stefan Sykes | ) www.cnbc.com   time to read: +7 min
Here are four trends that are shaping the gun industry today:Market normalizationSeveral companies in the gun market are slowing down production and slashing prices as they combat material cost increases and waning demand for their weapons. Gun sales typically see a spike during presidential elections, Dionisio added. Investors in Biofire include venture capitalist Ron Conway and Peter Thiel's Founders Fund Biofire's smart gun comes as gun manufacturers increasingly look for different materials and technologies to make their products more appealing to consumers. "Smart guns can ensure that guns are accessible by their owners and no one else," said Nick Suplina, senior vice president for law and policy at Everytown, who has tested Biofire's smart gun. First-time gun purchasers during the pandemic, according to the study, were younger than previous, pre-pandemic U.S. gun owners.
Persons: Spencer Platt, Smith, Sturm, NSSF, Rommel Dionisio, Mark Smith, Christopher J, Killoy, Capital's Dionisio, Dionisio, Kai Kloepfer, Kloepfer, Biofire, they'll, Ron Conway, Peter Thiel's, Mark Oliva, Oliva, Nick Suplina, Matthew Miller, NORC, NSSF's Oliva Organizations: Getty, Wesson, Ruger, Company, Smith, Shooting Sports, Aegis Capital, CNBC, Smith & Wesson, Ruger & Company, Fund, Shooting Sports Foundation, Gun Safety, University of Chicago, America Locations: Monroe , Pennsylvania, U.S, Biofire, it's
Ukraine is now believed to be one of the most mined country in the world since the Russia invasion. Some of the worst injuries coming out of the war have been amputations, many caused by the countless land mines Russia placed across broad swaths of Ukraine. Despite having signed the treaty, Ukraine has been accused by Human Rights Watch of using banned "butterfly" mines against Russia. Epstein said that the mines are only going to get more and more buried under dirt and snow. While Epstein said Ukraine has a good medical system, the demand for care will likely be overwhelming.
Persons: Dr, Aaron Epstein, Epstein, GSMSG, Rebecca Gonzalez, Spencer Platt, Fazal Organizations: Service, Global, Group, The Washington Post, Human Rights, Staten Island University Hospital, Getty, Wall Street, University of Minnesota Locations: Ukraine, Russia, Wall, Silicon, Florida, Ukrainian, New York City, New York
In an up-and-down market since our July Monthly Meeting, we added two stocks to our portfolio: an industrial name and an emerging cloud play. The business software giant is emerging as a cloud infrastructure name that has really come on as of late. For years, Oracle lagged behind the likes of Amazon Web Services, Azure, and Google Cloud, but the company hit a turning point when it launched its second-generation cloud infrastructure offering, called Oracle Cloud Infrastructure Generation 2, or OCI Gen 2, in the summer of 2020. Total cloud revenue growth surged to 54%, with 45% growth for Cloud Applications and 76% growth for Cloud Infrastructure. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: Jim Cramer, I'm, Ed Breen, DuPont, Rogers, Dupont, Jim Cramer's, Jim, Spencer Platt Organizations: Oracle, DuPont, Amazon Web Services, Google, Oracle Cloud Infrastructure, Nvidia, Cloud Infrastructure, Management, Microsoft, Federal Reserve, Rogers Corporation, CNBC, Traders, New York Stock Exchange, Getty Locations: China, DowDuPont, New York City
Chef's Table at Brooklyn Fare, the iconic three-Michelin-star tasting restaurant by chef César Ramirez, quietly ceased operations in July. Chef's Table at Brooklyn Fare is one of New York's most hallowed culinary institutions. A former employee at Chef's Table at Brooklyn FareBut beneath the restaurant's pristine stainless-steel surface, chaos was brewing. By 2011, Chef's Table had become one of only 138 restaurants worldwide to boast three Michelin stars. This year, Chef's Table at Brooklyn Fare was the highest-ranked US restaurant on the 2023 World's 50 Best Restaurants' list.
Persons: César Ramirez, hasn't, Ramirez, Moneer, Moe, Issa, I'd, Ramirez's, Conti, David Bouley's, Le Bernardin, Per, Chef César Ramirez, Jamie McCarthy, WireImage, Joshua David Stein, Grub, Ramirez freaked, he'd, didn't, Pete Wells, Issa didn't, Adriana, Issa's, Heidi, , Domaine, disrespected, Spencer Platt, Cesar, Issa wouldn't, commenter Organizations: Brooklyn, Brooklyn Fare, Manhattan Fare Corp, Chef's, Pepsi, GQ, Michelin, Madison, New York Press, Guardian, Staff, New York Times, York, Madison Park Locations: Hokkaido, Los Angeles, New York, Brooklyn, Burgundy, Israeli, Hill, Mexican, Chicago, West, Madison, Masa, Kaluga Queen, Russia, Asia, Kings County, Clinton Hill, Taiwan, York
Now, over three years later, the restaurant industry is back. In the early days of the pandemic, people got used to eating their restaurant food at home. Too many jobs, too few workersEarly in the pandemic, many restaurant workers got laid off. Now, over three years since the pandemic hit the US, some restaurant jobs remain unfilled. But many of these have at the same time vehemently opposed proposed legislation that could raise the minimum wage for fast food workers.
Persons: Anderson Cooper, Bobby Flay, Esther Choi’s, we’re, ” Choi, Mŏkbar, , Choi, Esther Choi, Masaharu Morimoto, Roy Rochlin, Joe Pawlak, Carbone, Covid, Chris Kempczinski, Taco, Spencer Platt, , Uber, Doordash, Bonnie Morales, Leah Nash, Israel Morales, Flay, ” Donna, ” Pawlak Organizations: CNN, New, New York CNN, National Arts Club, Getty, National Restaurant Association, Washington Post, Bonnie Locations: New York, Manhattan, New York City, Israel, Kachka, Portland , Oregon, Portland
State of the consumer: Retail sales for July are out on Tuesday. Key retail earnings reports from Walmart (WMT), Target (TGT) and Tapestry (TPR) will also provide clues on the health of the consumer. Earnings : On Wednesday morning, we hear from Club holding TJX Companies (TJX). Prior retail sales data has shown monthly sales growth at clothing and clothing accessory stores accelerate throughout the quarter, rising 0.14% monthly in April, 0.3% in May and 0.6% in June. For those looking to review first-quarter performance ahead of these releases, be sure to keep our first-quarter earnings report card handy.
Persons: We'll, Estee Lauder, we've, Palo, Cardinal Health, JD.com, Brinker, BILL, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Nasdaq, Dow Jones, Investors, Walmart, TJX Companies, Palo Alto Networks, Embraer, Energy, Getty, Sea Ltd, Cardinal, Nu Holdings, Housing, ZIM, Food, Colgate, Palmolive, Cisco Systems, Chemical & Mining, Keysight Technologies, Ross Stores, Deere & Company, Alto Networks, Jim Cramer's Charitable, CNBC Locations: China, Dole, DOLE, Manhattan, New York City
CNN —US consumer prices rose 3.2% for the 12 months ending in July, according to the latest Consumer Price Index, which landed Thursday. “Don’t be fooled by the uptick in [year-over-year] inflation,” noted Julia Pollak, chief economist for ZipRecruiter. Gimme (cheaper) shelter: Shelter (i.e. “Our baseline forecast suggests that year-over-year shelter inflation will continue to slow through late 2024 and may even turn negative by mid-2024,” the researchers wrote. Uncooked beef steak prices rose 2.3% and uncooked ground beef rose 1.5%.
Persons: It’s, Don’t, , Julia Pollak, Joe Brusuelas, ” Brusuelas, , Anna Bahney, Danielle Wiener, Bronner, That’s, Douglas Elliman, Miller Samuel, Spencer Platt, Jonathan Miller, , Read, Biden, Michelle Toh Organizations: CNN Business, Bell, CNN, ZipRecruiter, RSM US, Federal Reserve, Commerce Department, San Francisco, Big Apple, Getty Locations: Manhattan, New York, New York City, China, Silicon
Meanwhile, S & P 500 companies are spending more and more on capital expenditures (CapEx). Certainly, some companies execute wise buybacks, while others are not as ideal. Humana repurchased $529 million worth of common stock in the second quarter, after spending only $4 million in the year-ago period. Of course, companies also must consider their spending on buybacks versus investments back in the business in order to support growth, such as new manufacturing equipment or data centers. But less spending on buybacks is not necessarily something to worry about.
Persons: BofA, Savita Subramanian, Wells, Wells Fargo, Caterpillar Morgan Stanley, Halliburton Emerson, Eli Lilly, Emerson, we've, It's, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: of America, GE Healthcare, Caterpillar, Humana, Halliburton, HAL, Humana . Halliburton, Bank, Microsoft, Linde, LIN, Natural Resources, Honeywell, Halliburton Emerson Electric, Ford, Procter, Gamble, Coterra, Bank of America, Bank of, Jim Cramer's Charitable, CNBC, Getty Locations: U.S, Wells Fargo, Wells
We're be buying 400 shares of Coterra Energy (CTRA) at roughly $26.79 each. Following Tuesday's trade, Jim Cramer's Charitable Trust will own 1,550 shares of CTRA, increasing its weighting in the portfolio to 1.48% from 1.1%. The energy trade may be the group hit hardest Tuesday as worries about the China economic recovery, which continues to disappoint, put pressure on oil prices. CTRA YTD mountain Coterra Energy YTD performance Shares of Coterra Energy dropped more than 3.5% on Tuesday morning, one day after reporting second-quarter earnings . As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: We're, Jim Cramer's, Moody's, Coterra, we're, Jim Cramer, Jim, Spencer Platt Organizations: Coterra Energy, CTRA, Texas, Natural Resources, CNBC, New York Stock Exchange, Getty Locations: China
Following Monday's trade, Dupont will have a 1% weighting in Jim Cramer's Charitable Trust, the porfoltio we use for the Club. 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. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. Traders work on the floor of the New York Stock Exchange (NYSE) on August 02, 2023 in New York City.
Persons: Dupont, Jim Cramer's, DuPont, it's, repurchased, There's, Ed Breen, Jim Cramer, Jim, Spencer Platt Organizations: DuPont, Jim Cramer's Charitable Trust, Club, DuPont Electronics &, Devices, Rogers Corporation, Rogers, JPMorgan, CNBC, Traders, New York Stock Exchange, Getty Locations: China, Celanese, New York City
Economic releases : The Labor Department releases its monthly consumer price index and producer price index on Thursday and Friday, respectively. For that reason, we'd be content if the July figure doesn't indicate a resurgence of rising wholesale costs, which is a concern given a recent uptick in energy prices. On Tuesday before the opening bell, Club holding Eli Lilly (LLY) reports. Finally, Club names Walt Disney (DIS) and Wynn Resorts (WYNN) will report on Wednesday after the closing bell. In preparation for these releases, be sure to check out our first-quarter earnings report card .
Persons: we'll, Knight, Eli Lilly, We'll, donanemab, Walt Disney, We're, Tyson, Henry Schein, Li Auto, Armour, WEN, Ralph Lauren, Price, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Nasdaq, Labor Department, Reserve, Manufacturing, ADP, Fitch, AAA, U.S ., PPI, Coterra Energy, Walt, Wynn Resorts, Disney, Tyson Foods, TSN, KKR, Energy, Paramount, UPS, Barrick, Duke Energy, Restaurant Brands, Warner Music, Fox Corp, NRG Energy, AMC, Bros, Endeavor, IAC, Sony, SONY, Brookfield Asset Management, WYNN, Trade, Novo Nordisk, US Foods, News Corp, Air Canada, Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange, Getty Locations: United States, Mounjaro, Hollywood, Las Vegas, Boston, Macao, PENN, Valvoline, VVV, Credicorp, New York City
We are buying 225 shares of GE Healthcare (GEHC), at roughly $76.84 each, and 45 shares of Microsoft (MSFT), at roughly $334.26 apiece. The first position we are adding to is GE Healthcare Technologies . GE Healthcare fared much better than Dutch peer Phillips, which last week said its orders fell 8% in the second quarter. The difference in the two order rates suggests GE Healthcare is gaining market share. The medical-technology firm is seeing good momentum in its business, partly because many health-care providers are investing to improve patient care and productivity.
Persons: Jim Cramer's, Johnson, Phillips, what's, We've, we've, Jim Cramer, Jim, Spencer Platt Organizations: GE Healthcare, Microsoft, GEHC, Johnson, GE Healthcare Technologies, GE, Electric, CNBC, Traders, New York Stock Exchange, Getty Locations: , New York City
Over its 1987 streak, the Dow climbed to 2,104.47, from roughly 1,895.95 — a gain of 11%. If the Dow were to finish higher Thursday, it would tie the stock benchmark's longest winning streak ever, which was in June 1897. Jim Cramer's Charitable Trust, the portfolio the Club uses for investing, owns just over a quarter of the stocks in the Dow. Honeywell 's (HON) 2.5% gain amid the Dow's 13-session winning streak is being wiped away by the stock's post-earnings slide Thursday. Microsoft 's (MSFT) roughly flat overall performance during the Dow's streak, squeaking out a just 0.2% gain, is due in large part to the stock's 3.8% decline Wednesday.
Persons: Warren Buffett hadn't, Paul Volcker, Dow, Jim Cramer's, Johnson, , We'll, Walt Disney, Jim Cramer, Disney, Jim, Spencer Platt Organizations: Dow Jones, Dow, Federal Reserve, Woolworth Company, Jim Cramer's Charitable Trust, Johnson, Enterprise, Industrial Caterpillar, Caterpillar, Procter & Gamble, Honeywell, Club, Wall Street, Vision, Microsoft, MSFT, CNBC, Street Bull, Financial, Getty Locations: New York City
Even outside the hottest US states, heat that delivery workers aren't used to can be dangerous. Several delivery driver deaths have triggered changes. In recent years, delivery drivers reporting heat-related illnesses were second only to construction workers, according to OSHA statistics reported by E&E News. The 2022 death of 24-year-old Esteban Chavez, a UPS driver in Southern California, made national headlines. But his death came less than a year before the International Brotherhood of Teamsters, which represents UPS workers, began re-negotiating its contract with UPS.
Persons: aren't, Jeff Goodell, Goodell, Shawndu Stackhouse, Tom Williams, Esteban Chavez, AccuWeather, Chavez wasn't, wasn't, Chavez, Spencer Platt, it's, James Daniels, San Clemente , CA, Irfan Khan, Greg Abbott Organizations: FedEx, heatwave, OSHA, E, D.C, Inc, Getty, Brotherhood of Teamsters, UPS, , Los, Los Angeles County Coroner's, Labor Department, of Occupational Safety, Health, Broadway, New York City, Postal Service, it's, Los Angeles Times, Amazon, Texas Gov Locations: Portland, Yosemite, Vermont —, Northeast Washington, Northern California, Southern California, Pasadena , California, Los Angeles County, California, New york City, New York, Texas, San Clemente ,, New York City
The pre-owned luxury watch market has been declining for over a year, driven largely by the top three brands. Even so, nearly three quarters of currently-made Rolex models are worth more pre-owned than new. Patek Philippe still commands the highest resale premium, though only half its models beat their retail price. Spencer Platt/Getty ImagesEighty-nine of Rolex's 123 current models included in the analysis are worth more used than new. On average, pre-owned Rolex watches cost 24% more than retail, less of a markup than pre-owned Patek Philippe, and more than that of Audemars Piguet.
Persons: Patek Philippe, Audemars, Philippe's, Rolex's, Charles Tian, Morgan Stanley, Spencer Platt, Piguet, Tian Organizations: Service, Rolex, Audemars, Oaks, Getty Locations: Wall, Silicon, New York, Swiss
Total: 25