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☆ Ukraine fires US-made longer-range missiles into Russia for the first time
▼ + stars: | 2024-11-19 | by ( Christian Edwards | Kostyantyn Gak | ) edition.cnn.com time to read: +4 min

CNN —Ukraine has fired US-made ATACMS missiles into Russia’s Bryansk region, Russia’s Defense Ministry said, in a major escalation on the 1,000th day of war. The attack comes just two days after the Biden administration gave Kyiv the green light to use the longer-range American weapons against targets inside Russia. The attack marks the first time Ukraine has used the longer-range American weapons to strike targets deep inside Russia, and show that Kyiv has wasted little time in making use of its newly-granted powers. ET) Tuesday, Ukraine fired six ballistic missiles at a facility in Bryansk, the ministry said. On Sunday, US President Joe Biden authorized Ukraine to use longer-range American missiles inside Russia, ending a months-long prohibition aiming to help Ukraine defend itself while not drastically escalating the conflict.

Persons: Biden, Joe Biden, Matthew Miller, Vladimir Putin, ., Andrew Dickson, , Emmanuel Macron, Putin, Volodymyr Zelensky, Zelensky, ” Organizations: CNN, Russia’s Defense Ministry, US State Department, Army Tactical Missile Systems, Kyiv, Bryansk –, High Mobility Artillery, U.S . Army, Missiles Locations: Ukraine, Bryansk, Russia, Russian, Ukraine’s, pummeling, Russia’s Kursk, Europe, Bryansk – Moscow, Moscow, Queensland, Australia

☆ Michelle Yeoh said not being able to have kids has been the 'biggest sadness' of her life
▼ + stars: | 2024-11-18 | by ( Erin Liam | ) www.businessinsider.com time to read: +4 min

AdvertisementIn 1988, Michelle Yeoh left acting to focus on marriage and starting a family. While Michelle Yeoh's "biggest sadness" in life is not being able to have kids, the actor has no regrets. In an interview with The Times published on Sunday, Yeoh, 62, opened up about her first marriage to Dickson Poon, a Hong Kong entrepreneur and CEO. Advertisement"Maybe that is the biggest sadness in my life, that I cannot have kids," she told The Times. Still, Yeoh knew that Poon wanted kids.

Persons: Michelle Yeoh, Dickson Poon, Michelle Yeoh's, Yeoh, I'd, " Yeoh, Poon, Jean Todt, Nicolas, Darina, Maxime ❤️ 💖✨ Organizations: Times, Ferrari Locations: Hong Kong

☆ Inherited IRA rules are changing in 2025 — here's what beneficiaries need to know
▼ + stars: | 2024-10-17 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +2 min

Jacob Wackerhausen | Istock | Getty ImagesWhat to know about the 10-year ruleBefore the Secure Act of 2019, heirs could "stretch" inherited IRA withdrawals over their lifetime, which helped reduce yearly taxes. But certain accounts inherited since 2020 are subject to the "10-year rule," meaning IRAs must be empty by the 10th year following the original account owner's death. The rule applies to heirs who are not a spouse, minor child, disabled, chronically ill or certain trusts. Since then, there's been confusion about whether the heirs subject to the 10-year rule needed to take yearly withdrawals, known as required minimum distributions, or RMDs. After years of waived penalties, the IRS in July confirmed certain heirs will need to begin yearly RMDs from inherited accounts starting in 2025.

Persons: Jacob Wackerhausen, there's, Dickson, Judson Meinhart Organizations: Istock, Vanguard, Modera Wealth Management Locations: Winston, Salem , North Carolina

☆ The 3 biggest themes investors are watching for as earnings season kicks off
▼ + stars: | 2024-10-06 | by ( Matthew Fox | ) www.businessinsider.com time to read: +6 min

Investors expect S&P 500 earnings growth of 4.6% as the stock market trades near record highs. Key themes to watch for include AI adoption, consumer health, and the impact of lower interest rates. AdvertisementEarnings season is fast approaching, and investors have a lot to be on the lookout for as companies report third-quarter results. AdvertisementIn addition to the actual earnings figures, investors will be monitoring key themes as company executives offer guidance during earnings calls. Hainlin said he is encouraged by continued growth in consumer spending as credit card defaults "are within normal levels" and the holiday shopping season is right around the corner.

Persons: Wells, —, Michael Dickson, Tom Hainlin, they're, John Belton, There's, Dickson, delinquencies, Hainlin Organizations: PepsiCo, JPMorgan, Service, Wells, Investments, Business, Wall Street, Bank Wealth Management, Aerospace, Defense, Consumer, Federal Reserve Locations: Wells Fargo, FactSet

☆ Stock market next week: Investors wonder what's to come after tumultuous October start
▼ + stars: | 2024-10-04 | by ( Alex Harring | ) www.cnbc.com time to read: +4 min

Stocks struggled this week as rising tensions in the Middle East set off the strongest rally in oil prices since March 2023. "The stock market has been living up to October's reputation of increased volatility," said Glen Smith, chief investment officer at GDS Wealth Management. Inflation report, Fed minutes on deck In the week ahead, investors will keep an eye on a couple of potential catalysts. On Wednesday, investors will parse minutes from September's central bank gathering for insights into the future path of monetary policy. "I would say the inflation report is probably less important than it used to be," Dickson said.

Persons: Stocks, Glen Smith, Said, Mike Dickson, Chris Zaccarelli, Zaccarelli, Investment's Dickson, It's, Dickson, Wells, John Williams, JPMorgan Chase Organizations: Dow Jones Industrial, Nasdaq, Federal Reserve, GDS Wealth Management, Federal, Horizon Investments, CNBC Pro, Independent, Alliance, PepsiCo, Delta, JPMorgan Chase, PepsiCO, New York Fed, PPI, University of Michigan, BlackRock, Bank of NY Mellon, JPMorgan Locations: White, Wells Fargo, Fastenal, Wells

☆ The Gap comeback that might actually be working
▼ + stars: | 2024-10-02 | by ( Cathleen Chen | ) edition.cnn.com time to read: +21 min

Designer Zac Posen — now creative director at Gap Inc., at the Vanity Fair Oscar party in March 2024. Danny Moloshok/ReutersSince 2014, the Gap brand has nearly halved its presence in North America, going from 968 stores in the market to 472 as of February. It makes up about 20% of overall Gap Inc. revenue, while Old Navy accounts for more than half. Before Gap, Posen was on track for a similar trajectory to Mizrahi’s. They started by redefining the positioning of each brand: Gap as a pop culture brand.

Persons: CNN — Zac Posen, Richard Dickson, Posen, Donald, Doris Fisher, Mickey Drexler, Drexler, Uniqlo, Zac Posen —, Danny Moloshok, Sonia Syngal, Dickson, Barbie, Troye Sivan, Da’vine Joy, Anne Hathaway, ” Posen, won’t, Zac, Isaac Mizrahi, ”, Gabriella Santaniello, Mizrahi, Zac Born, Saint Ann’s, Lola Schnabel, Julian Schnabel, Lena Dunham, Nicole Miller, Naomi Campbell, Grimm, —, Da'Vine Joy Randolph —, Jamie McCarthy, Yucaipa, Ron Burkle, Sean Combs, Zac Posen, Neiman Marcus —, Zac Posen — that’s, Zac Posen’s, it’s, Paco Rabanne, Patrick Robinson, Ye, Julie Gilhart, Gilhart, ” Dickson, Bernadette Peters, “, Harrison Ball, Ryan Murphy, ’ ”, TJ Maxx, Kennedy, Anne Hathway, Pietro S, Robert, William Fisher, didn’t, Mark Breitbard, Horacio Barbeito, Chris Blakeslee, Goodman, Stephanie Keith, Da’Vine Joy Randolph’s, Sivan, Hathaway, Julia Fox, influencer, Lee Peterson, hasn’t Organizations: The, Fashion, CNN, Old Navy, Inc, New Yorker, Gap Inc, Navy, Banana, Reuters, Mattel, Hollywood, Xcel Brands, QVC, Saint, Metropolitan Museum of Art, Central Saint Martins, New York Times, Centric Brands, Barneys, New York City Ballet, Swans, Disney, rockstar, Old, America ., Collins Group, Vogue, Bloomberg, Council of Fashion Designers of America, New York, Dôen Locations: Posen, San Francisco Bay, New, Banana Republic, Athleta, San Francisco, Oxford, Zara, North America, Asia, China, Republic, New York City, American, London, Bloomsbury, Balthazar, SoHo, Rome, Italy, New York, America, America . Banana

☆ Save on taxes and bolster your portfolio before year-end with these moves
▼ + stars: | 2024-09-16 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +5 min

It's September – and that means it's prime time to think about maximizing after-tax returns as the year winds down. Of course, there may be a price to pay for that performance: Uncle Sam will want his share of taxes. Here are a few steps that could help you hold onto more of your portfolio's returns this year. Munis spin out income that's free of federal taxes, and they may be exempt from state levies if the investor resides in the issuing state. By directly giving low basis highly appreciated stock (instead of selling the position and donating cash proceeds), you avoid incurring the capital gains tax.

Persons: it's, Sam, Nathan Hoyt, Joel Dickson, Vanguard's, Dickson, James Shagawat, Roth, Shagawat, Malcolm Ethridge, –, Ethridge Organizations: Nvidia, Regent Peak Wealth, Investors, Roth IRA, Treasurys, Wealth Locations: Atlanta, AdvicePeriod, Paramus , New Jersey, New York , New Jersey, California, Rockville , Maryland

☆ Slain Ugandan Olympian buried with full military honors
▼ + stars: | 2024-09-14 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +3 min

Ugandan Olympic runner Rebecca Cheptegei, who died after allegedly being doused in petrol and set alight by her former partner, was due to be buried on Saturday with full military honors. Three weeks later her former boyfriend, Dickson Ndiema Marangach, allegedly attacked Cheptegei as she returned from church with her two daughters and younger sister in the village of Kinyoro, Kenya police and her family said. “I don’t think I am going to make it,” she told her father while being treated in hospital, he said. Born in eastern Uganda in 1991, she met Marangach during a training visit to Kenya, later moving to the country to pursue her dream of becoming an elite runner. Marangach died a few days after Cheptegei, from burns allegedly sustained during the attack, dividing opinion among the local running community.

Persons: Rebecca Cheptegei, Cheptegei, Dickson Ndiema Marangach, Ferenc Isza, Joseph Cheptegei, ”, “, ” Andrew Kasuku, Marangach, marathoner Viola Cheptoo, Anne Hidalgo Organizations: Paris Olympics, Kenya police, Getty, Reuters, Kenyan, Tirop’s Locations: Kenya, Kinyoro, Budapest, Paris, AFP, Uganda, Thailand, Italy, “ Paris

☆ Rebecca Cheptegei: Ugandan athlete who died after her partner set her on fire gets a military funeral
▼ + stars: | 2024-09-14 | by ( Story Associated Press | ) edition.cnn.com time to read: +3 min

Bukwo, Uganda AP —Thousands of mourners in Uganda paid respects to Rebecca Cheptegei, the Olympic athlete who died last week in Kenya after her partner set her on fire, at a military funeral in a remote town near the Kenyan border. Military officers played a prominent role in the funeral because Cheptegei held the rank of sergeant in Uganda’s army, said military spokesman Brig. According to a report filed by the local chief, they quarreled over a piece of land the athlete bought in Kenya. Cheptegei is the fourth female athlete to have been killed by her partner in Kenya in a worrying pattern of gender-based violence in recent years. Cheptegei competed in the women’s marathon at the Paris Olympics, finishing in 44th place, less than a month before the attack.

Persons: Rebecca Cheptegei, Cheptegei, Felix Kulayigye, Abubaker Lubowa, Dickson Ndiema, Ndiema, Janet Museveni, Don Rukare Organizations: Uganda AP, Olympic, Military, Uganda People's Defence Forces, Reuters, AP, Cheptegei, National Council of Sports, Kenyan, Health Survey, Paris Olympics Locations: Bukwo, Uganda, Kenya, Kenyan, Nzoia County, East, Eldoret, Kapchorwa, Kenya’s

☆ Far-right origins of false pet-eating claims and Boeing workers to strike: Morning Rundown
▼ + stars: | 2024-09-13 | by ( Elizabeth Robinson | Elizabeth Robinson Is A Newsletter Editor For Nbc News | Based In Los Angeles. | ) www.nbcnews.com time to read: +6 min

How a fringe claim about immigrants eating pets made it to the mainstream. Boeing workers are set to strike. How a fringe claim about immigrants ‘eating the pets’ made its way to the debate stageIt started as a fringe obsession. “In Springfield they’re eating dogs,” Trump said, referring to an Ohio city dealing with an influx of Haitian immigrants. More 2024 election coverage:Boeing workers set to strike after rejecting contractMore than 30,000 Boeing workers are set to strike today, halting production on most of the company’s aircraft, after staff overwhelmingly rejected a new labor contract.

Persons: ’, Donald Trump, Kamala Harris, ” Trump, Read, Trump’s, Sen, JD Vance, Ohio, “, ”, It’s, Justin Wayne Halstenberg, San Bernardino County Sheriff Shannon Dicus, Halstenberg, Jason Anderson, Trump, Newsmax, Tua Tagovailoa, Edward Caban, Søren Rysgaard, — Evan Bush, there’s, Elizabeth Robinson Organizations: Boeing, “, Facebook, Trump, International Association of Machinists, Aerospace Workers, San Bernardino County Sheriff, Cal Fire, Miami Dolphins, Buffalo Bills, New York, New York City Police, Idaho Supreme, University of Idaho, Ivy League, Danish Army, seismologists, NBC Locations: Springfield , Ohio, Springfield, Ohio, Nazi, Seattle, Oregon, California, San Bernardino County, Southern California, Georgia, New York City, Idaho, Greenland

CNN —When Joan Chelimo first met Rebecca Cheptegei, she remembers her fellow distance runner simply as a “normal, happy girl,” delighted to be competing at the Olympics. The pair had started talking after competing in the women’s marathon in Paris last month, Chelimo representing Romania and Cheptegei running for Uganda. On Friday, a day before Cheptegei’s funeral in eastern Uganda, Tirop’s Angels hosted a femicide walk in the Kenyan city of Eldoret. There have been plenty of challenges along the way for those involved in Tirop’s Angels, particularly in the early days. “The first time we started Tirop’s Angels, we had a lot of rejection,” says Chelimo.

Persons: Joan Chelimo, Rebecca Cheptegei, ”, “, Chelimo, ” Weeks, Cheptegei, Dickson Ndiema, jerry, Ndiema, I’ve, It’s, ” Chelimo, Mattia Ozbot, ‘ I’m, ’, Agnes Tirop, Ibrahim Rotich, Rotich, Dylan Martinez, …, Andrew Kasuku, Mutua, Agnes, Joseph, –, ” –, “ I’m Organizations: CNN, Olympics, CNN Sport, Ndiema, Athletics, Tirop’s Angels, Kenyan, Reuters, ”, Investigations Locations: Paris, Chelimo, Romania, Uganda, Kenya, Trans Nzoia, Rome, Africa, Budapest, Kenyan, Eldoret, Angels, Angola

☆ Greenland: Mystery of a mega-tsunami that made the Earth vibrate for 9 days has been solved
▼ + stars: | 2024-09-13 | by ( Laura Paddison | ) edition.cnn.com time to read: +5 min

CNN —It started with a melting glacier that set off a huge landslide, which triggered a 650-foot high mega-tsunami in Greenland last September. And no place was immune; the signal traveled from Greenland to Antarctica in about an hour, he added. Eastern Greenland had never experienced a landslide and tsunami like this before, Svennevig said. The threat goes beyond Greenland, Svennevig said; similar-shaped fjordsexist in other regions, including Alaska, parts of Canada and Norway. Recent rock avalanches in the Arctic as well as in Alpine regions, are “an alarming signal,” she told CNN.

Persons: Stephen Hicks, ”, Seismologists, Søren Rysgaard, Svennevig, Dickson, sloshing, “, Hicks, Paula Snook, ” There’s, Lena Rubensdotter Organizations: CNN, University College London, Western Norway University of Applied Sciences, Geological Survey Locations: Greenland, Denmark, Dickson, Dickson Fjord, Antarctica, Eastern Greenland, Alaska, Canada, Norway

☆ Ex-partner accused of fatally burning Olympian dies from injuries sustained in attack
▼ + stars: | 2024-09-10 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +2 min

Cheptegei, 33, who competed in the marathon at the Paris Olympics, suffered burns to more than 75% of her body in the Sept. 1 attack and died four days later. “He died from his injuries, the burns he sustained,” Lang’at told Reuters. Local media reported that he had suffered 30% burns when he assaulted Cheptegei as she was returning home from church with her children. Cheptegei, who finished 44th in Paris, is the third elite sportswoman to be killed in Kenya since October 2021. Globally, a woman is killed by someone in her own family every 11 minutes, according to a 2023 U.N. Women study.

Persons: Rebecca Cheptegei, dousing, Dickson Ndiema Marangach, Daniel Lang’at, Cheptegei, “, ” Lang’at, ”, Viola Cheptoo, ” Cheptoo, Cheptoo, Agnes Tirop, Ibrahim Rotich Organizations: Kenyan, Paris, Moi Teaching, Reuters, Local, Rights, Tirop’s Locations: Cheptegei, Eldoret, Kenya, Paris, East, Iten

☆ Rebecca Cheptegei: Alleged killer of Ugandan Olympian dies from burns, hospital says
▼ + stars: | 2024-09-10 | by ( Story Reuters | ) edition.cnn.com time to read: +2 min

Cheptegei, 33, who competed in the marathon at the Paris Olympics, suffered burns to more than 75% of her body in the Sept. 1 attack and died four days later. ET) on Monday, said Daniel Lang’at, a spokesperson at Moi Teaching and Referral Hospital in Eldoret in western Kenya, where Cheptegei was also treated and died. “He died from his injuries, the burns he sustained,” Lang’at told Reuters. Local media reported that he had suffered 30% burns when he assaulted Cheptegei as she was returning home from church with her children. Cheptegei, who finished 44th in Paris, is the third elite sportswoman to be killed in Kenya since October 2021.

Persons: Rebecca Cheptegei, dousing, Dickson Ndiema Marangach, Daniel Lang’at, Cheptegei, “, ” Lang’at, ”, Viola Cheptoo, ” Cheptoo, Cheptoo, Agnes Tirop, Ibrahim Rotich Organizations: Reuters, Kenyan, Paris, Moi Teaching, Local, Rights, Tirop’s Locations: Cheptegei, Eldoret, Kenya, Paris, East, Iten

Gap raised its full-year profit outlook on Thursday after seeing better-than-expected results at its largest brand, Old Navy. The apparel company's fiscal second quarter results were released earlier than planned after the company "inadvertently" posted them to its website and then removed them, a Gap spokesperson told CNBC. Gap posted earnings of $206 million, or 54 cents per share, compared with $117 million, or 32 cents per share, a year earlier. The company's second-quarter results didn't blow away expectations, but are solid improvements from where the company was a year ago. Its gross margin came in better than forecast at 42.6%, ahead of the 40.8% that analysts had expected, according to StreetAccount.

Persons: Richard Dickson —, Dickson, They're, Here's Organizations: Navy, CNBC, NYSE, LSEG, Mattel, —, Old Navy Locations: Old

☆ 45-year-old mechanic quit his full-time job for his side hustle—now he makes $14,200 a month: My paycheck is 'very consistent’
▼ + stars: | 2024-08-07 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

Pyle started answering strangers' questions about their gas and diesel engines on JustAnswer as a side hustle in October 2006. He quit his full-time $75,000-per-year job at Ford Motors when JustAnswer outpaced his salary in 2012, Pyle says. Pyle made $170,500 in 2023, an average of $14,200 per month, on JustAnswer, according to documents reviewed by CNBC Make It. His monthly income is more than three times as much as the national median monthly side hustle earnings and mechanic's salary combined. Pyle also bought an RV and is building a second home, largely by himself, on the property — all funded by his JustAnswer work.

Persons: Chris Pyle, Pyle, JustAnswer, …, Ford, Pyle's Organizations: Ford Motors, CNBC, Cub, Bass Pro Locations: JustAnswer, Dickson County , Tennessee

☆ Rare earth explorer Axel Ree says the world 'cannot rely' on China for supply
▼ + stars: | 2024-07-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRare earth explorer Axel Ree says the world 'cannot rely' on China for supplyPaul Dickson of Axel Ree discusses the company's debut on the ASX, saying it will be "aggressive" with its drilling. He adds that the Western world must develop alternative sources of rare earths supply outside China.

Persons: Axel Ree, Paul Dickson Locations: China

☆ The war in Ukraine has 'opened Pandora's box' in Europe, and now new strike weapons are on the way, nuclear weapons expert says
▼ + stars: | 2024-07-22 | by ( Chris Panella | ) www.businessinsider.com time to read: +7 min

The impact of these deep strikes has been eye-opening for Europe and the US, opening "Pandora's box" for more of these capabilities, a nuclear weapons and arms control expert told Business Insider. The conventional weapons include SM-6, Tomahawk, and developmental hypersonic weapons, "which have significantly longer range than current land-based fires in Europe." "The war in Ukraine shows that long-range strikes are a key issue for the defense of Europe," Lecornu posted on X. "These countries knew that long-range weapons were important even before Russia invaded Ukraine, but Russia's war in Ukraine has opened Pandora's Box to more and more military steps," explained Hans Director of the Nuclear Information Project at the Federation of American Scientists. US Navy photo by Mass Communication Specialist 1st Class Jonathan WordPoland, Germany, France, and Italy's new long-range missile plans follow work in the US to quickly develop new long-range strike systems.

Persons: —, Andrew Dickson, Sebastien Lecornu, Lecornu, Hans, Thierry Wurtz, " Kristensen, Jonathan, Zachary Anderson There's, it's, Kristensen, Trump, he'd Organizations: Service, Business, NATO, Army, Artillery, U.S, French, Russia, Federation of American Scientists, Rafale, US, Attack Missiles, US Navy, Jonathan Word, Trump Locations: Ukraine, Russia, Europe, Germany, Australia, Poland, Italy, Moscow, Jonathan Word Poland, France

☆ ‘I’m really proud of our team’: Lewis Hamilton praises England’s Euros resilience ahead of his final British GP with Mercedes
▼ + stars: | 2024-07-05 | by ( Amanda Davies | Aleks Klosok | ) edition.cnn.com time to read: +8 min

CNN —Lewis Hamilton and the England men’s soccer team share a thing or two in common. “I’m really, really proud of our team just with all the difficulties that they’ve experienced, and they’ve faced just time and time again, just continuing to get up and the resilience. Fortunately, though, his home race has proved to be a very happy hunting ground with Hamilton winning a record eight times at the circuit. “I think when we were winning all the time, it was just, ‘Yeah, we’re winning.’ That’s where I think that was. What chance then of a win this season to cap off his 12th and final season at Mercedes?

Persons: CNN — Lewis Hamilton, Hamilton, Niki Lauda, he’d, Michael Schumacher’s, Gareth Southgate, “, Amanda Davies, Antony Dickson, I’m, they’ve, Jude Bellingham, Harry Kane, Phil Foden, John Sibley, “ We’ve, …, ”, don’t, you’re, peerless, George Russell, McLaren’s Lando Norris, Ollie Bearman who’ll, Haas, Bryn Lennon, we’re, We’re, I’ve, Mercedes, ” Hamilton, Clive Rose, Mercedes ’, Red Bull, Ferrari, – Hamilton, Russell, you’ve, everyone’s, ’ That’s, hasn’t Organizations: CNN, England, IWC, Prix, South China Morning, Lions, Real, Premier League, Southgate, Bellingham, Slovakia, Ferrari, US, Sao Paulo, Silver Arrows, Brit, Mercedes, Silverstone, Austrian, Constructors, Hamilton Locations: Melbourne, England, Germany, IWC Schaffhausen, British, Macau, South, European, Slovakia, Hamilton, Austin, Silverstone, Sao, Montreal, Spain, Austrian, Jeddah, Saudi Arabia, Abu Dhabi

☆ Cramer praises Gap's turnaround efforts — but says stay away from this corner of clean energy
▼ + stars: | 2024-06-25 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +1 min

Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. "[CEO] Richard Dickson is doing a remarkable job" in turning the company around, Jim Cramer said. The CNBC Investing Club owns T.J. Maxx parent TJX Companies . The Investing Club owns fellow cloud computing providers Microsoft , Amazon and Alphabet . Boeing : The company is now planning an all-stock offer for troubled supplier Spirit AeroSystems instead of cash, The Wall Street Journal reported Tuesday.

Persons: Jim Cramer's, Cowen, Richard Dickson, Jim Cramer, He's, Cramer, AeroSystems Organizations: CNBC, Club, CNBC Investing Club, TJX Companies, Oracle, Investing Club, Microsoft, Corp, Boeing, Street

☆ Abortion: Trump walks fine line but allies and activists have big plans for a second term
▼ + stars: | 2024-06-14 | by ( Phil Mattingly | Andrew Seger | ) edition.cnn.com time to read: +16 min

“I believe he’ll be a pro-life president in the future also.”Many senior Trump administration alumni and allies are now mapping out and drafting policy options for a second Trump term. A second Trump term would also put back in place and expand restrictions on Title X grants – federal funds for public and nonprofit groups that provide family planning. Resurrecting these actions in a second Trump would almost entirely be up to the discretion of whomever he appoints to lead the relevant federal agencies. With Roe v. Wade’s protections erased, anti-abortion activists would like a second Trump administration to push harder than it did before – especially in restricting access to mifepristone. Abortion rights advocates worry he could play an outsize role shaping abortion restrictions in a potential second Trump administration.

Persons: Donald Trump’s, Ronald Reagan, ”, Roe, Wade, Dobbs, Trump, ” Trump, “, Trump –, Joe Biden’s, Kellyanne Conway, ’ ”, Mary Ziegler, Davis, Roger Severino, Trump’s, Reagan, Biden, ” Julie Lewis, Ziegler, David S, Cohen, Comstock, Skye Perryman, ” Mark Lee Dickson, Donald J, ” Dickson, “ He’s, Jonathan Mitchell, Mitchell Organizations: CNN, Trump, New, Capitol, “ Republicans, Democratic, Republican, Fox, Heritage Foundation, Biden’s, Department, University of California, Trump Health, Human Services, HHS, Food and Drug Administration, DOJ, UC Davis, Food, FDA, ” Drexel University, White, Justice Department, Democracy, Department of Justice, Cities, mifepristone, Time Locations: New York, Florida, Arizona, Mexico, Texas, America, United States, Colorado

☆ Shoppers are hyper-focused on ‘value.’ That doesn’t mean buying the cheapest option
▼ + stars: | 2024-06-06 | by ( Parija Bhatnagar | Parija Kavilanz | ) edition.cnn.com time to read: +5 min

Bargain retailers like Walmart and Costco have benefitted, as shown by the retailing industry’s recent slew of first-quarter earnings releases. Sales at its stores open at least a year increased 3.8% in the quarter from the same time last year. Which means that Americans are still spending, but selectively, and that “value shopping” means different things to different people. “A sizable segment of them are focused on value, however, that doesn’t directly correlate to a low price. Shoppers are willing to spend if they see value in an on-trend, well-made dress from Abercrombie – or a healthy salad from Sweetgreen.”

Persons: They’ve, What’s, ”, Neil Saunders, ” Saunders, Fitch, Stephanie Keith, Lilly Pulitzer, Laura Alber, Anne Hathaway, Della Patria, Elisabetta Villa, Richard Dickson, Zak Stambor, eMarketer, ” Stambor, “, Abercrombie – Organizations: New, New York CNN, Walmart, Costco, GlobalData, CNN, Abercrombie, Bloomberg, Getty, Hollister, Sonoma, Navy, Banana, “, Shoppers Locations: New York, Sonoma, Elm, Williams, Rome, Italy, Europe, Banana Republic

Take Gap and Foot Locker — two unlikely winners that posted results on Thursday. Under CEO Mary Dillon, Foot Locker has worked to change its stores, where it does more than 80% of its sales. It has tried to create not only a better shopping experience for consumers but also a better place for its critical brand partners. Instead of two walls of shoes with competing brands mixed together, Foot Locker is changing its fleet so the brands have their own unique displays. With refreshed stores and better product displays, consumers are converting more, too, and paying full price — even Foot Locker's lower-income shopper.

Persons: Locker, Richard Dickson, Anne Hathaway, Zac Posen, Mary Dillon, Foot Locker, Dillon, Dick's Organizations: U.S, Abercrombie, Fitch, TJX, Eagle, Navy, Banana, CNBC, Dick's Sporting Goods Locations: Banana Republic, New Jersey, North America

☆ Jim Cramer: Start believing in the Gap turnaround, but avoid this falling tech stock
▼ + stars: | 2024-05-31 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +2 min

Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. The stock got way ahead of itself," Jim Cramer said. People better start believing," Cramer said, noting that prior to earnings the stock had largely been under pressure since late March. Ulta shares have been struggling since April after CEO David Kimbell warned about slowing demand for beauty products at an investor event. The Investing Club owns cybersecurity peer Palo Alto Networks .

Persons: Jim Cramer's, Dell, Jim Cramer, MongoDB, Cramer, Richard Dickson, David Kimbell, Dave Kimbell, Dave, Estee Lauder, Zscaler Organizations: CNBC, Club, Dell Technologies, Navy, Wall, CNBC Investing Club, Investing, Palo Alto Networks Locations: Banana Republic, That's

☆ Gap shares pop 20% as earnings beat on sales growth at all four brands
▼ + stars: | 2024-05-30 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +4 min

The retailer behind Gap, Banana Republic, Athleta and Old Navy blew past earnings estimates and beat on revenue, too. Here's how Gap did compared with what Wall Street was anticipating, based on a survey of analysts by LSEG:Earnings per share: 41 cents vs. 14 cents expected41 cents vs. 14 cents expected Revenue: $3.39 billion vs. $3.29 billion expectedGap shares spiked more than 20% in extended trading Thursday. Comparable sales were up 1%, well ahead of estimates of down 1.9%. Comparable sales were up 5% after being down a staggering 13% in the year-ago period. Analysts didn't have expectations for Athleta's comparable sales.

Persons: Richard Dickson's, Richard Dickson, Dickson, Da'Vine Joy Randolph, Zac Posen, Anne Hathaway, Here's Organizations: Navy, LSEG, CNBC, Banana Republic Locations: New York, Banana Republic, Manhattan, Posen

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