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Pinchuk: We believe in the American worker... it's the answer.
  + stars: | 2024-10-18 | 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 EmailPinchuk: We believe in the American worker... it's the answer. Nick Pinchuk, President and CEO of Snap-on, discusses the company's strong quarterly performance in the tool segment, highlighting record profitability and margin improvements due to effective leadership and innovations in vehicle repair software.
Persons: Nick Pinchuk
Snap-on CEO on the financial vs. manufacturing economies
  + 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 EmailSnap-on CEO on the financial vs. manufacturing economiesNick Pinchuk, CEO of Snap-on, discusses the company's Q2 earnings report and the state of U.S. manufacturing.
Persons: Nick Pinchuk Locations: U.S
Around the dinner table in the early 2000s, David Katzman would quiz his kids about their dream startups. ModelFit employees told BI that Gelband used the Pelvicore Pro only with the permission of its creator, the physical therapist Christina Christie. Once, in October 2018, David Katzman met with Facebook's ad team to discuss SDC's before-and-after advertisements, which violated the tech company's policies. SDC employees worked on Pvolve marketing campaigns, and Pvolve employees took trips on David Katzman's jet. "He didn't come from anything, and he spent years and years building up the business," the person close to Pasterino told BI.
Persons: Stephen Pasterino, Pasterino, he'd, hadn't, Rachel Katzman, who'd, Katzman, Pvolve, Jennifer Aniston, David Katzman, bankrolled, , Laura Quintana, Stephen, Erik Connolly, Connolly, John Mayer, Nietzsche, Dan Gilbert, David, Gilbert, Usher, Jordan, decanting, Justin Gelband, ModelFit, Taylor Swift, Gelband, Vanessa Packer, Bryan Bedder, we'll, didn't, Woody Allen's, Vera Wang, Katzman's, I've, Cynthia Hannah, Blanca Padilla, Pasterino's, Justin Gelband's, Tracy Anderson's, cofounders, Packer, Christina Christie, Christie, Jordan Katzman, David Katzman's, Camelot, Julie Cartwright, Pvolve's, Cartwright, Hannah Bronfman, Nadine Leopold, Tim P, Pvolve didn't, Quintana, Rachel, SmileDirectClub, Jamie Dimon, Olivia Culpo, Craig Barritt, Bethenny Frankel, Madelaine Petsch, Lola tampons, They'd, Mara, ThreeForm, loaning, Hannah, Christie Brinkley, Monica Schipper, she'd, Rebecca Minkoff, Lindsay Pinchuk, Pamela, couldn't, Kathryn Delacruz, Madison Krause, Krause, Delacruz, " Krause, Pvolve's attorney's, Aniston's, Aniston, Jennifer, Jennifer Aniston's, Connelly, SDC's cofounders, — Pasterino, ThreeForm hasn't, Sarah VanZalen, there's, Erewhon, WWD, Tim Michaels, franchisors, Michaels, they've, Aperol Organizations: SoHo, Pvolve, Los Angeles ., Depot, DeeKay Enterprises, Quicken Loans, Cleveland Cavaliers, Camelot Venture Group, New, ModelFit, GQ, Getty, Hamptons, Beverly Hills Hotel, Cosmopolitan, BI, Gray Institute, SDC, Camelot, Lionsgate, Facebook, Whitby, Ventures, . Press, Miss, Employees, Naboisho Conservancy, Katzman's, Southampton, Pvolve Facebook, LinkedIn, Health, Forbes, Workers, Industry Locations: Pvolve, New York, Chicago, Los Angeles, Hammonton , New Jersey, Atlantic City, Jersey Shore, Franklin , Michigan, Michigan, Detroit, Las Vegas, Beverly, SoHo, Ibiza, France, Paris, Vogue, California, ModelFit, Covent, London, Riverdale, New Jersey, Pasterino, Italy, Kenya, Naboisho, Nashville, San Diego, New York City, shuttering, Ann Arbor , Michigan, ThreeForm, Angeles, Malibu
Satellite images show Russia has placed barriers at its ports to defend the Black Sea Fleet. AdvertisementNewly captured satellite imagery shows Russia has put up barriers at a major port to defend its Black Sea Fleet warships from Ukraine's unrelenting exploding drone boat attacks. An overview of the Novorossiysk port in Russia on March 30. A closer view of barriers at the entrance of the Novorossiysk port in Russia on March 30. Advertisement"Forcing the enemy to flee from the Black Sea was the goal we sought and it was achieved," Brig.
Persons: , Brady Africk, Africk, Atesh, Sergei Shoigu, Sergei Pinchuk, Pinchuk, Ivan Lukashevych Organizations: Fleet, Service, Maxar Technologies, Business, Technologies, American Enterprise Institute, Kyiv, Black, Kyiv Independent, Defense Intelligence, Kremlin, Russian, Security Service, BI Locations: Russia, Kyiv, Novorossiysk, Sevastopol, Ukraine, Ukrainian, Moscow, British, Sevastopol Bay, Brig
Read previewRussia has officially replaced the commander of the Black Sea Fleet, awarding Vice Adm. Sergei Pinchuk the daunting role of overseeing naval operations in a region that has long troubled Moscow. Pinchuk is a career navy officer who previously served as the deputy to Adm. Viktor Sokolov, the former Black Sea Fleet commander. Russia's Black Sea Fleet warships take part in the Navy Day celebrations in the port city of Novorossiysk on July 30, 2023. Beyond its USV force, Kyiv has also used missiles to inflict damage on the Black Sea Fleet. You realize the enormous responsibility that rests on you," Shoigu said during the teleconference, according to the Russian defense ministry's statement.
Persons: , Sergei Pinchuk, Sergei Shoigu, Pinchuk, Viktor Sokolov, Sokolov, Shoigu, STRINGER, Aleksandr Moiseyev —, Konstantin Kabantsov Organizations: Service, Black, Fleet, Business, Russian, Black Sea, Russian Defense Ministry Press Service, Armed Forces, National Defense Control Center, AP, Ukrainian, Getty, Kyiv, Northern, Russian Federation, Ministry of Defense Locations: Russia, Moscow, Ukraine, Novorossiysk, Sevastopol, Crimean, Russian
A Ukrainian navy captain claimed Russia has only one missile ship left in the Black Sea. He said that most of the Black Sea Fleet had relocated after a series of Ukrainian strikes. A senior UK Royal Navy officer said that 25% of Russia's Black Sea warships had been sunk or damaged. Pletenchuk noted that the Black Sea Fleet was once considered Russia's main force in Crimea but had almost entirely been chased away and relocated. The UK's defense minister said on March 25, after the latest Ukrainian attack, that the Black Sea Fleet was "functionally inactive."
Persons: , Dmytro Pletenchuk, Pletenchuk, Ivan Khurs, Konstantin, Russia's Adm, Viktor Sokolov, Adm, Sergei Pinchuk Organizations: Black Sea Fleet, UK Royal Navy, Service, Ukrainian, Cyclone, Gerashchenko, Black Locations: Ukrainian, Russia, Crimea, Russian, Novorossiysk, Gerashchenko Ukraine, Sevastopol, Russia's, Ukraine
Yevhenii Zavhorodnii/Global Images Ukraine/Getty ImagesIn Ukraine the air raid alerts are incessant. Kyiv has the best air defense in Ukraine; the country lacks the resources to defend other cities this way. He noted that Ukrainian air defense had done a spectacular job that morning intercepting every single missile launched at Kyiv. The United States has essentially cut off Ukraine, and Ukrainian air defense is quickly running out of ammunition. After we landed back in JFK, we turned off the air raid sound on our phones.
Persons: Amelia Glaser, Marci Shore, Read, Mike Johnson, Vladimir Putin’s, Covid, ” –, Andrii, you’re, Oleksandr Roytburd, Roytburd, Alla Horska, Tymofiy Mylovanov, Amelia, Iya Kiva, Marci, Tetyana Ogarkova, Volodymyr Yermolenko, Putin, Tucker Carlson, Bohdan Khmelnytsky, Carlson, Khmelnytsky, Oleksandr Halenko, Gleb Garanich, texted, , Sergii, , Alina Smutko, Sergii’s, Mark Hamill –, Luke Skywalker, Agiya Zagrebelska, Arad, “ Pessimists, Rob Bauer, ” Bauer, “ I’m, Iaroslava Strikha, beholden, Donald Trump, Johnson, Arseniy Yatsenyuk, ” Putin Organizations: UC San Diego, Yale University, CNN, of Decorative, Applied Arts, Design, Warsaw —, Kyiv School of Economics, KGB, Ukrainian, Fulbright, NATO, National Agency on Corruption, Kyiv Security, United, Kyiv, National, Security Forum Locations: Russia’s, Crimea, Kyiv, New York, JFK, Warsaw, Polish, Chelm, Bucha, Russian, Yevhenii, Ukraine, Sens, Ukrainian, Crimean Tatar, KSE, Muscovy, Russia, Poland, Syria, Murmansk, Kyiv oblast, Austrian, texted, United States
The Kremlin may've fired the commander of it's Black Sea fleet. The Kremlin has fired the commander of its Black Sea Fleet as punishment for a series of humiliating losses to Ukraine, according to Russian war bloggers. It was the latest in a series of victories for Ukraine, which has a tiny navy, against Russia's much bigger Black Sea fleet. Ukraine's attacks have included strikes on Sevastopol, the base of Russia's Black Sea fleet. Sokolov had taken over as commander of the fleet in September 2022, replacing Admiral Igor Osipov, only months after Ukraine sank Russia's Black Sea flagship, "The Moskva."
Persons: Viktor Sokolov, Sergey Pinchuk, Caesar Kunikov, Nicholas Johnson, Sokolov, Sergei Markov, Igor Osipov Organizations: Ukraine, Analysts, RAND Corporation, Moscow Times, Kremlin, Business Locations: Ukraine, Russian, Russia, Sevastopol, Russia's
Mette Frederiksen, Denmark's prime minister, speaks on day two of the Munich Security Conference in Munich, Germany, on Saturday, Feb. 17, 2024. Danish Prime Minister Mette Frederiksen criticized a waning sense of urgency among delegates at the Munich Security Conference on Saturday as Moscow's full-scale offensive nearly enters its third year. "The sense of urgency is simply not clear enough in our discussions," Frederiksen told a lunchtime session. Denmark has now donated its entire artillery to Ukraine, Frederiksen said, urging other countries to do the same as the war marks its second anniversary on Feb. 24. The policymakers were speaking at the 7th Munich Ukrainian Lunch, hosted on the sidelines of the MSC by the Yalta European Strategy (YES) forum and Ukrainian non-profit the Victor Pinchuk Foundation.
Persons: Mette Frederiksen, Denmark's, Frederiksen, Putin, Radosław Sikorski, Victor Pinchuk, Tobias Billström, Bakhmut, Nikolay Denkov, Denkov, Genya Savilov, Hillary Clinton, , Niall Ferguson, Clinton, Petr Pavel, Kaja Kallas, Alexander De Croo, Bulgaria Nikolay Denkov Organizations: Munich, Bloomberg, Getty, Kyiv, MSC, Yalta European Strategy, Victor, Victor Pinchuk Foundation, Sweden's, Moscow, 47th Mechanized Brigade, Bradley, Afp, Former, U.S, CNBC Locations: Munich, Germany, MUNICH, Ukraine, Danish, Denmark, Poland, Ukrainian, Avdiivka, Moscow, Russia, Europe, U.S, Donetsk, Western, Czech Republic, Republic of Estonia, Belgium, Bulgaria
Snap-On CEO Nick Pinchuk says the business has never been more profitableSnap-On Chairman and CEO Nick Pinchuk joins 'Mad Money' host Jim Cramer to talk lack of recession signs, the core business and quarterly earnings.
Persons: Nick Pinchuk, Jim Cramer
More than a year after her mother died, Alla Kotliarova buried her for the third — and she hopes final — time. There was no priest, no tearful neighbors, no ceremonial procession to the cemetery sitting among thin pine trees at the end of town. But there was at least some measure of closure for Ms. Kotliarova, 62, who laid her mother, Tamara Kotliarova, to rest in the family plot. No official cause of death was listed, though her mother had long grappled with diabetes, but Ms. Kotliarova is convinced that the stress of the Russian invasion and occupation hastened her demise. “If it weren’t for this war, she wouldn’t have died,” said Ms. Kotliarova, as she wiped tears from her eyes with a small handkerchief and placed flowers and snacks on the sandy funeral mound.
Persons: Alla Kotliarova, Kotliarova, Tamara Kotliarova, wouldn’t,
CNN —Elon Musk’s Starlink satellite systems are being used by Ukrainian forces on all front lines in the war with Russia, the country’s spy chief has said. You can say what you want about whether [Starlink systems] are good or bad, but facts are facts. Absolutely all front lines are using them,” Kyrylo Budanov, head of the Main Ukrainian Intelligence Directorate, said Saturday, according to Interfax Ukraine. The spy chief also gave a positive account of the difference Starlink is making in the war. “I can absolutely confirm that Starlink systems did not work for a certain period of time near Crimea.
Persons: CNN — Elon, , ” Kyrylo Budanov, Budanov, Victor Pinchuk, ” Budanov, That’s, Walter Isaacson, “ Elon Musk, Musk, ” Isaacson, Isaacson, ” Musk Organizations: CNN, Ukrainian, Main Ukrainian Intelligence, Victor, Victor Pinchuk Foundation, Russian, SpaceX Locations: Russia, Ukraine, Yalta, Crimea, Crimean, Ukrainian, Russian, Sevastopol
Major General Kyrylo Budanov, chief of the Military Intelligence of Ukraine, speaks during an interview with Reuters, amid Russia's attack on Ukraine, in Kyiv, Ukraine July 6, 2023. REUTERS/Valentyn Ogirenko Acquire Licensing RightsKYIV, Sept 9 (Reuters) - Ukraine's counteroffensive against Russian forces will continue through the onset of cold and wet weather later this year, even though it would become harder to fight, Kyiv's intelligence chief Kyrylo Budanov said on Saturday. The counteroffensive will continue," Budanov said. Vadym Skibytskyi, an official from Ukraine's military spy agency, said earlier on Saturday that Russia currently had 420,000 servicemen inside Ukraine. Russia, which launched its full-scale invasion of Ukraine in February 2022, has said that the Ukrainian counteroffensive has failed.
Persons: Kyrylo Budanov, Valentyn, Budanov, Victor Pinchuk, Tom Balmforth, Mike Harrison Organizations: Military Intelligence, Reuters, REUTERS, Rights, Russian, Victor, Victor Pinchuk Foundation, Kyiv, Ukraine, Thomson Locations: Ukraine, Kyiv, Russia, Zaporizhzhia, Robotyne
OUTSIDE AVDIIVKA, Ukraine — The headquarters of one of the battalions in Ukraine’s 53rd Mechanized Brigade smells of fresh cut pine trees. The scents are from the wooden support beams in the labyrinth of trenches that make up most of the unit’s rudimentary base outside the embattled town of Avdiivka. As the war enters its 17th month, the fighting has developed a noticeable rhythm. Russia and Ukraine are locked in a deadly back and forth of attacks and counterattacks. Russian artillery no longer has the clear advantage and Ukrainian forces are struggling with staunch Russian defenses, grinding on in their southern offensive, slowed because of dense minefields.
Organizations: Ukraine’s 53rd, Brigade Locations: AVDIIVKA, Ukraine, Ukraine’s, Avdiivka, Russia
When a body was pulled from the rubble, people strained to see whether it was their loved one. But each time, the body bag was zipped tightly, and an emergency car quickly took it to the morgue. Ria Lounge, known to many as Ria Pizza, was a long-running haunt, particularly popular in the summer because of its covered outdoor seating. It is close to the Hotel Kramatorsk, which was badly damaged in a Russian attack last summer. The restaurant had closed after Russia’s invasion of Ukraine began in February last year, but reopened several months later.
Persons: Kramatorsk, Ria Pizza Locations: Bakhmut, Donetsk, Russian, Ukraine
TEL AVIV, April 22 (Reuters) - Tens of thousands of Israelis joined protests on Saturday against Prime Minister Benjamin Netanyahu's plans to tighten controls on the Supreme Court, ahead of Israel's independence day marking 75 years since establishment of the Jewish state. The plans were paused last month in the face of a wave of strikes and mass demonstrations. The latest protests against them come as Israelis are set to mark both Israeli independence day and Israeli memorial day, which commemorates those killed in Israel's wars and in terror attacks. Additionally, 60% of Israelis said the government does not represent them and 48% believe the situation in the country will continue to get worse. They were waving the blue and white Israeli flags that have become a hallmark of the protests over the past three months.
The winners of this year’s Nobel Peace Prize from Belarus, Russia and Ukraine shared their visions of a fairer world and denounced Russian President Vladimir Putin’s war in Ukraine during Saturday’s award ceremony. “This would not be peace, but occupation.”Matviichuk repeated her earlier call for Putin — and Belarus’ authoritarian President Alexander Lukashenko, who provided his country’s territory for Russian troops to invade Ukraine — to face an international tribunal. Nobel Peace Prize winner Oleksandra Matviichuk delivers a speech during the Nobel Peace Prize award ceremony. Sergei Gapon / AFP via Getty ImagesMatviichuk was named a co-winner of the 2022 peace prize in October along with Russian human rights group Memorial and Ales Bialiatski, head of the Belarusian rights group Viasna. “I know exactly what kind of Ukraine would suit Russia and Putin — a dependent dictatorship,” he said.
SummarySummary Companies Ukraine, Russia, Belarus rights campaigners won awardPrize highlight importance of civil society for peaceByalyatski in jail, wife speaks for him at ceremonyOSLO, Dec 10 (Reuters) - Russia wants to turn Ukraine into a "dependent dictatorship" like Belarus, the wife of jailed Belarusian Nobel Peace Prize laureate Ales Byalyatski said on Saturday upon receiving the prize on his behalf, speaking his words. "It highlights the dramatic situation and struggle for human rights in the country," she said, adding she was speaking her husband's words. Pinchuk has met her husband once since he was named a Nobel Peace Prize laureate, in prison, behind a glass wall, she told a news conference on Friday. "I know exactly what kind of Ukraine would suit Russia and Putin — a dependent dictatorship. Belarus and Russia are formally part of a "union state" and are closely allied economically and militarily.
CNN —Russian Nobel Peace Prize laureate Yan Rachinsky blasted President Vladimir Putin’s “insane and criminal” war on Ukraine in his acceptance speech in the Norwegian capital Oslo on Saturday. Representatives of the 2022 Nobel Peace Prize laureates collect the awards at Oslo City Hall, from left: Natalia Pinchuk, the wife of Ales Bialiatski, Yan Rachinsky, chairman of the International Memorial Board and Oleksandra Matviychuk, head of the Ukraine's Center for Civil Liberties. Markus Schreiber/APUkrainian Nobel Peace Prize laureate Oleksandra Matviichuk called for an international tribunal to Putin and Belarusian strongman Alexander Lukashenko to justice over “war crimes” in her acceptance speech. Human rights groups from Russia and Ukraine – Memorial and the Center for Civil Liberties – were officially awarded the Nobel Peace Prize for 2022 on Saturday, along with the jailed Belarusian advocate Ales Bialiatski. The new laureates were honored for “an outstanding effort to document war crimes, human right abuses and the abuse of power” in their respective countries.
NTB/Haakon Mosvold Larsen via REUTERSSTOCKHOLM, Dec 10 (Reuters) - Nobel laureates congregated in the Swedish capital Stockholm on Saturday for the first fully in-person award ceremonies complete with a formal banquet since the COVID-19 pandemic that curtailed events in the past two years. Five of the six Nobel prizes are awarded in Stockholm every year after a nomination process that is kept secret for the next 50 years. The Nobel Peace Prize is awarded in Oslo where separate festivities are held. The Nobel Foundation has also snubbed the ambassadors of Russia and Belarus, following Russia's invasion of Ukraine. Jailed Belarusian activist Ales Byalyatski, Russian rights group Memorial and Ukraine's Center for Civil Liberties won the 2022 Nobel Peace Prize.
NEW YORK, Nov 17 (Reuters) - The U.S. Financial Industry Regulatory Authority (FINRA) warned on Thursday it was seeing a number of small initial public offerings (IPOs), including many from China, which constituted pump-and-dump schemes that investors should stay away from. Most of these initial public offerings raise less than $25 million for companies worth less than $100 million, FINRA said. FINRA said criminals also try to entice people to invest in these IPOs through texting or social media. Nasdaq and the New York Stock Exchange said separately on Thursday that would scrutinize small-cap IPOs more. "You're dealing with market manipulations, small companies, small float, so they got to figure out what happened," said Drew Bernstein, co-chairman of Marcum Bernstein & Pinchuk, a China-focused accounting firm.
More than a dozen Chinese companies have unveiled plans to follow suit, according to exchange filings. The China-Switzerland Connect allows Chinese companies to raise capital by issuing and listing GDRs on Swiss bourse SIX. Swiss firms can issue Chinese Depository Receipts on the Chinese exchanges. She said UBS is also discussing with Chinese firms about listing in Frankfurt once rules are in place, so "our GDR mandates will keep coming". Despite the brighter prospects, deal sizes have been comparatively small, with Gotion's $685 million Swiss listing the biggest so far under the Swiss connect scheme.
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