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☆ 7 hidden-gem cities and towns to buy an Airbnb in this year
▼ + stars: | 2023-02-13 | by ( Dan Latu | ) www.businessinsider.com time to read: +2 min

They were picked for their high rate of bookings, growing revenue, affordability, and regulations. The list of 25 cities and towns captures destinations with "momentum," said AirDNA economist Jamie Lane. This year, the team also responded to the growing wave of regulations cities and towns are putting on short-term rentals. Locations like Burlington, Vermont and Madison, Wisconsin, for example, were removed because of new rules that limit who can own short-term rentals or require month-long stays. The list, however, is mostly dominated by midsized cities in the Midwest, where home prices are cheaper than in more expensive coastal cities.

☆ 10 stocks that fit Warren Buffett's takeover criteria
▼ + stars: | 2023-02-12 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Warren Buffett is fresh off an active year full of deal-making and stock purchases. Berkshire agreed to buy insurance company Alleghany for $11.6 billion, Buffett's biggest deal since 2016. Buffett favors companies with historically low stock prices when compared with earnings, and rock solid cash flows. Until 2017, Buffett had always revealed his acquisition criteria every year in his annual letters to Berkshire shareholders. Monster Beverage checks all the boxes in Buffett's acquisition criteria.

☆ Microsoft calls for 'coalition' to improve Congo's informal cobalt mines
▼ + stars: | 2023-02-08 | by ( ) www.reuters.com time to read: +3 min

Congo accounts for three-quarters of the world's mined cobalt supply. "In practice it is virtually impossible for them to completely exclude artisanal cobalt, especially when it is sent to smelters and refiners in DRC and China." Microsoft declined to reply to Reuters' questions about the visit or about its strategy on artisanal cobalt. The issues around artisanal mining are an existential threat to the cobalt industry, according to Marina Demidova, head of communications at the Cobalt Institute. Entreprise Generale du Cobalt, a unit of state mining company Gecamines, was granted a monopoly on artisanal cobalt by government decree.

☆ Jim Cramer's top 10 things to watch in the market Monday: Stocks slump, off-price retail boost
▼ + stars: | 2023-02-06 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

2. Credit Suisse raises Estee Lauder (EL) price target to $305 per share from $215. Bernstein upgrades Diageo (DEO) to outperform from market perform (buy from hold) and raises price target to $225 per share from $215. Canaccord PT to $853 from $750; keeps buy. T-Mobile (TMUS) downgraded by MoffettNathanson to market perform from outperform (hold from buy); keeps $174-per-share price target. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Bed Bath & Beyond just missed another debt payment. See the full list of stores it will close, including Harmon and Buybuy Baby locations.
▼ + stars: | 2023-02-02 | by ( Avery Hartmans | Dominick Reuter | ) www.businessinsider.com time to read: +20 min

In addition to 87 more Bed Bath & Beyond stores, the company now says it will close all of its remaining Harmon health and beauty stores, and five Buybuy Baby stores. San Leandro: 15555 East 14th St., Suite 24015555 East 14th St., Suite 240 Burbank: 201 East Magnolia Blvd. Marina: 117 General Stilwell Drive117 General Stilwell Drive Vallejo: 105 Plaza Drive, Suite 107105 Plaza Drive, Suite 107 * Palm Desert: 72459 Highway 11172459 Highway 111 * Visalia: 3125 South Mooney Blvd. Arterial * Coralville: 2515 Corridor Way Suite 5Kansas:Lawrence: 3106 S. Iowa St., Suite 2153106 S. Iowa St., Suite 215 Manhattan: 425 3rd Place425 3rd Place * Olathe: 15335 W. 119th St.Kentucky:Elizabethtown: 1998 N. Dixie Ave.1998 N. Dixie Ave. New Hartford: 4805 Commercial Drive4805 Commercial Drive Kingston: 1187 Ulster Ave.1187 Ulster Ave. Plattsburgh: 73 Centre Drive, Suite 10073 Centre Drive, Suite 100 Farmingdale: 251 Airport Plaza Blvd.

☆ Mass Shootings in the U.S.: A Symptom of Despair - The New York Times
▼ + stars: | 2023-01-26 | by ( Jillian Peterson | James Densley | ) www.nytimes.com time to read: +23 min

Seven killed and 46 injured in Highland Park, Ill., on July 4, 2022He suffered from severe back pain. Eight killed and seven injured in Indianapolis on April 15, 2021He was known for being paranoid with a short temper. Five killed and seven injured in Aurora, Ill., on Feb. 15, 2019He had expressed violent thoughts. Nine killed and seven injured in Red Lake, Minn., on March 21, 2005He had been noticeably depressed and angry at church. Seven killed and seven injured in Fort Worth on Sept. 15, 1999He killed his daughter’s cat because he was upset.

☆ If Bed Bath & Beyond closes more stores, these companies could benefit the most
▼ + stars: | 2023-01-25 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +3 min

"Our data showed that Target and Walmart have the greatest number of stores near a closing Bed Bath & Beyond," said analyst Cristina Fernández. "In fact, 63% of closing Bed Bath & Beyond stores have a Target within one mile and 85% within three miles." TJX concept stores are next, with 37% of soon-to-be shuttered Bed Bath & Beyond stores having one within a mile and 54% within three miles. Potential sales lift for retailers The main benefit retailers would see from Bed Bath & Beyond store closures is higher sales as they attract a similar consumer base. It's likely that Bed Bath & Beyond will cede $750-$800 million in sales due to the store closings, according to Telsey.

☆ This startup turning human waste into fertilizer just raised $7.5 million. Here's the 17-slide pitch deck Wasted used to raise the fresh funds.
▼ + stars: | 2023-01-25 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +4 min

Wasted is making fertilizer out of urine and just raised $7.5 million in fresh funding. Wasted, which he created alongside Taylor Zehren and Thor Retzlaff, is redesigning the porta-potty to ultimately turn human waste into agriculture fertilizer. At least 40 wastewater treatment plants were damaged as a result of the 2017 hurricane Harvey, which saw raw sewage spill out onto streets. Nitrogen, phosphorous, and potassium are common fertilizers found in human waste but are typically extracted from the earth for use. There is a long history of some countries using untreated or partially-treated human waste as fertilizer.

☆ Union Pacific: Major railroad posts record earnings, spends more on share repurchases than on its employees
▼ + stars: | 2023-01-24 | by ( Chris Isidore | ) edition.cnn.com time to read: +3 min

New York CNN —Union Pacific, one of the major freight railroads that successfully fought off union demands for paid sick days for workers during contentious labor negotiations in 2022, reported another year of record earnings Tuesday. The company, along with CSX, Norfolk Southern and Burlington Northern Sante Fe, narrowly avoided a strike by its unionized workers when Congress imposed new contracts on about half of its union members in December. The new labor contracts gave its employees an immediate 14% increase in pay, including back pay. And signing bonuses for union members that were paid in January will show up when the company’s first-quarter results are reported in April. While overall operating expenses for 2022 rose $2.5 billion, that was outweighed by revenue rising $3 billion to a record $24.9 billion for the year.

☆ CNH Industrial union workers end strike at two U.S. plants with deal
▼ + stars: | 2023-01-22 | by ( ) www.reuters.com time to read: +1 min

Jan 22 (Reuters) - Members of two local unions at CNH Industrial NV (CNHI.MI) factories in Wisconsin and Iowa reached an agreement over a new labor contract on Saturday, ending a strike that has been ongoing since last May, the United Auto Workers union said. The contract, which was voted on as an improved "last, best, and final offer" by CNH Industrial workers, included wage increases, shift premium increases, classification upgrades and as other improvements, the UAW said in a statement. The UAW, which represents more than 1,000 hourly workers at the two plants, did not disclose details of the vote. More than 1,000 union members in Racine, Wisconsin, and Burlington, Iowa, walked off their equipment-making jobs in May after a six-year contract expired at the facilities. The agreement came after the local unions had this month rejected a tentative contract.

How LGFCU accounts compare Local Government Federal Credit Union Share SavingsLocal Government Federal Credit Union Checking AccountLocal Government Federal Credit Union Money Market AccountLocal Government Federal Credit Union Share Term Certificates Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. How Local Government Federal Credit Union worksLocal Government Federal Credit Union is a financial institution that serves North Carolina's local government employees and volunteers. The credit union doesn't have branches, but it's partnered with State Employees Credit Union. Local Government Federal Credit Union vs. Truliant Federal Credit UnionTruliant Federal Credit Union is a CDFI that serves local communities in North Carolina, South Carolina, and Virginia. Local Government Federal Credit Union offers higher interest rates, but Truliant Federal Credit Union doesn't charge monthly services.

☆ As consumer spending slows, Club holding TJX is the off-price retailer to own
▼ + stars: | 2023-01-18 | by ( Paulina Likos | ) www.cnbc.com time to read: +4 min

That's likely to make off-price retailers like Club holding TJX Companies (TJX) even more attractive to many Americans looking for cost-saving deals in the new year. Total retail sales in the U.S. dropped 1.1% in December month-on-month, the Commerce Department said Wednesday, in the second consecutive monthly decline. Retail sales had fallen by 1% in November. Morgan Stanley analysts expect off-price retailers to benefit from consumers shifting spending habits away from high-end shopping toward discounts. Off-price retailers like TJX have a great opportunity to snag a wide range of merchandise from big-box retailers with elevated inventory for very cheap prices.

Bills in some states propose ranked-choice voting only for local elections, while others offer a temporary pilot system that would test the use of ranked-choice voting for a fixed number of years. The state GOP used a ranked-choice voting system at its state convention in 2021 to select a gubernatorial nominee. Discussions are also underway among policymakers in Arizona, who are looking at ranked-choice voting as a possible way of curbing extremism. The latest raft of proposed legislation follows a year of notable and growing enthusiasm for ranked-choice voting. In 2022, lawmakers in 25 states introduced legislation advancing or expanding ranked-choice voting, with bills enacted in six states, according to FairVote.

☆ Here are Thursday's biggest analyst calls: Meta, Apple, Tesla, Netflix, Roku, Disney, Exxon & more
▼ + stars: | 2023-01-12 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

Here are the Thursday's biggest calls Wall Street: Credit Suisse upgrades AECOM to outperform from neutral Credit Suisse said the company is a key beneficiary of infrastructure stimulus. UBS reiterates Apple as buy UBS said it's sticking with its buy rating on the stock but is concerned about App Store revenue declines. Credit Suisse upgrades Boeing to neutral from underperform Credit Suisse said in its upgrade of Boeing that it sees "stronger aircraft deliveries." RBC names Meta a top 2023 pick RBC said it sees "multiple expansion" on the horizon for Meta shares. " Rosenblatt reiterates Disney as buy Rosenblatt said activist investor Nelson Peltz's push for a Disney board seat could help shares.

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☆ CNH Industrial union workers at two U.S. plants reject proposed contract
▼ + stars: | 2023-01-08 | by ( Bianca Flowers | ) www.reuters.com time to read: +3 min

Still, union members said the proposed contract failed to provide enough of a raise to combat inflation, additional vacation days or better healthcare coverage. The UAW represents about 1,000 workers at the plants, and union officials had warned a rejection of the latest offer was likely. With a tightening labor market, union workers in the industrial sector for companies such as Boeing (BA.N) and Deere & Co (DE.N) have gone on strike in recent years. For CNH workers, who last struck the company in 2004, some have taken second jobs to augment strike pay they receive from the UAW. Reporting by Bianca Flowers in Racine, Wisconsin; Editing by Leslie Adler, Ben Klayman, William Mallard and Diane CraftOur Standards: The Thomson Reuters Trust Principles.

☆ Dollar General, Family Dollar, and Dollar Tree are taking over the US with more new stores than any other retailer — and it reveals a shift in how Americans are shopping
▼ + stars: | 2023-01-03 | by ( Ben Tobin | ) www.businessinsider.com time to read: +2 min

Dollar General announced more than 1,000 store openings in 2022, per company Coresight Research. Other companies that opened many stores in 2022 include Aldi, Ross Dress For Less, and Five Below. And discount stores have reaped the benefits: Dollar General's stock soared to an all-time high in November 2022, for example. With so many people looking to save money, discount stores led the pack for retailers in opening new locations next year. Dollar General — 1,024 storesDollar General.

☆ The pandemic didn't kill stores but they'll never be the same again
▼ + stars: | 2022-12-30 | by ( Avery Hartmans | ) www.businessinsider.com time to read: +5 min

Brick-and-mortar stores are acting like mini fulfillment centers. These shifts, which began with the pandemic, have lingered even as life in the US has mostly returned to normal. Stores have become a lot like fulfillment centersPATRICK T. FALLON/AFP via Getty ImagesThe pandemic didn't kill brick-and-mortar retail, but it did change it. Big-box retailers are opening stores againWith all these changes, you'd think brick-and-mortar retail would be on its deathbed. Big-box retailers are opening more stores than they're closing for the first time in years, despite experts warning that brick-and-mortar would never recover from the pandemic.

☆ Companies Strengthen Collections, Aim to Get Cash in the Door as Threat of Downturn Looms
▼ + stars: | 2022-12-21 | by ( Kristin Broughton | ) www.wsj.com time to read: +6 min

Companies are stepping up efforts to collect on their bills and get cash in the door, aiming to limit future write-offs ahead of a potential downturn. The company’s days of sales outstanding during the latest quarter declined to 67.3 days from 70.4 days during the prior period, according to S&P. Early in the pandemic, some companies extended payment terms to customers that needed funds to shore up liquidity to help navigate temporary lockdown measures. Everbridge said it aims to provide customers with payment terms that are mutually beneficial. ServiceNow’s days of sales outstanding during the third quarter fell to 44 days from 47.4 days a year earlier, according to S&P.

☆ 'A symbol of holiday dread': Stores pick beloved holiday classic songs to put shoppers in a jolly mood - but retail workers so are over it
▼ + stars: | 2022-12-21 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

In the final months of the year, some retail workers start dreading the holiday playlists they hear on the job. In a Change.org petition, one person compares Mariah Carey's 'All I want For Christmas Is You' to torture. Music playlists are carefully created by musicologists to put shoppers in the 'perfect mood,' Bloomberg reports. But it's not just Carey's catchy classic that has retail workers at their wits' end. Streaming companies like SiriusXM and Pandora have teams dedicated to creating store playlists, and brands use musicologists to choose songs that strike "a perfect mood for customers," Bloomberg reported.

☆ Vermont's first trans lawmaker gets engaged at rainbow-lit White House
▼ + stars: | 2022-12-17 | by ( Jo Yurcaba | Jo Yurcaba Is A Reporter For Nbc Out. | ) www.nbcnews.com time to read: +7 min

Vermont Rep. Taylor Small, the state’s first transgender lawmaker, got engaged to her partner, Carsen Russell, while the White House was lit with rainbow lights on Tuesday. Vermont Rep. Taylor Small got engaged to her partner, Carsen Russell (left), after the Respect for Marriage Act signing at the White House on Tuesday. Courtesy Rep. Taylor SmallAs the event was wrapping up, Russell said he asked Small if she wanted to take a photo. “Carson is wonderful at navigating the roads with such confidence.”Carsen Russell, Vermont Rep. Taylor Small's partner of nearly four years, said he wasn't sure he would be able to get a ring into the White House without Small noticing. “I was like, ‘How do I get a ring into the White House without her noticing?’” he said.

☆ The 'ultimate buy-and-hold' investment fund is beating 96% of its competitors this year — with the same stocks it's held since 1935. Here's how the risk aversion born after the Great Depression is sti
▼ + stars: | 2022-12-15 | by ( Lisa Kailai Han | ) www.businessinsider.com time to read: +6 min

The Voya Corporate Leaders Trust Fund hasn't actively changed its strategy or holdings since 1935. Nearly a century after its inception, the Voya Corporate Leaders Trust Fund (LEXCX) is still going strong. That's why Client Portfolio Manager Christina Bargeron believes that the Voya Corporate Leaders Trust Fund was an unprecedented investment vehicle at its time — the "first truly passive offering" available to investors. "It's almost like taking a bet on your outlook for Union Pacific and energy," Bargeron explained. But going forward, Voya has no plans at all to change the guidelines for the Corporate Leaders Trust Fund.

☆ Warren Buffett and Berkshire Hathaway are beating the market this year
▼ + stars: | 2022-12-15 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +6 min

But Warren Buffett has no reason to be worried. Shares of Buffett’s Berkshire Hathaway (BRKB) are up about 5.5% in 2022. Berkshire has big stakes in Coca-Cola (KO) and Kraft Heinz (KHC), which are each up around 10% this year. Buffett turns 93 next August while Berkshire vice chair and long-time Buffett confidant Charlie Munger will celebrate his 99th birthday on New Year’s Day. Democratic Sen. Elizabeth Warren has introduced a bill with Republican Sen. Roger Marshall that would crack down on money laundering in the crypto world.

☆ Freight railroad service is terrible, even without the threat of a strike
▼ + stars: | 2022-12-11 | by ( Chris Isidore | ) edition.cnn.com time to read: +9 min

But that doesn’t mean freight railroads are providing good service to their customers. Many of the problems tangling up the supply chain, driving up prices and slowing the economy can be traced to the steady decline in freight rail service in recent years. Some experts who represent rail customers who have complained about service in the past say service has gotten better since earlier this year. “The national freight rail network is broken, and the need for long-term rail reform is clear. Union Pacific (UNP), Norfolk Southern (NSC) and Berkshire Hathaway’s (BRKA) Burlington Northern Santa Fe all reported record earnings in 2021.

☆ Here are Tuesday's biggest analyst calls: Tesla, Apple, JPMorgan Chase, GE, Starbucks, Costco & more
▼ + stars: | 2022-12-06 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Tuesday's biggest calls on Wall Street: UBS reiterates Apple as buy UBS said Apple's iPhone supply chain headwinds are abating. Cowen reiterates TJX Company as outperform Cowen said it's feeling more bullish on the stock after a series of recent management meetings. Piper Sandler reiterates Tesla as outperform Piper said reports of Tesla cutting production in China are mostly overdone. Bank of America reiterates Chipotle as buy Bank of America said the Mexican chain restaurant has "price elasticity." Oppenheimer upgrades General Electric to outperform from market perform Oppenheimer said it's starting to see strong execution from GE .

☆ Jim Cramer's top 10 things to watch in the market Tuesday: JPMorgan double upgrade, oil prices dip to $75
▼ + stars: | 2022-12-06 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

Later in the session, prices turned lower and U.S. oil prices are dropping another 1% on Tuesday. Deutsche Bank updates Club name Estee Lauder (EL) to buy from hold; raises price target to $266 per share from $209. In off-price target, the Club likes and owns TJX Companies (TJX), with T.J. Maxx, Marshalls and HomeGoods brands. However, Deutsche Bank raises price target on Club holding and Corona beer maker Constellation Brands (STZ) to $249 per share from $244; keeps hold rating. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

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