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☆ Spurned real estate star plans late career revival powered by AI
▼ + stars: | 2025-01-02 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +7 min

Commercial real estate sales star says data from his 40-year career is key to unlocking the power of AI. AdvertisementUsing the much-heralded technology, Knakal believes he can compete with far larger real estate services companies with only a handful of employees. In subsequent decades, the pair grew the company into one of New York City's largest and most prolific property sales firms. In late 2014, the two men sold the 250-person business to the global commercial real estate company Cushman & Wakefield for $100 million. AdvertisementKnakal joined Cushman as part of the sale, but left in 2018 for the rival corporate real estate services giant JLL.

Persons: Bob Knakal, Knakal, BKREA, that's, Massey Knakal, Paul Massey, Cushman, JLL, Brian Sullivan, Bob, Massey, Bob Knakal's, Daniel Geiger Seth Samowitz, Samowitz, I've, James Nelson, Avison Young, Nelson Organizations: Cushman, Wakefield, CNBC, New York Times, West, Avison, & $ Locations: Manhattan, New York City, York, New York, JLL's Manhattan

☆ A family of 4 died Christmas Day at their New Hampshire lake house after likely carbon monoxide leak
▼ + stars: | 2024-12-29 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +5 min

Investigators said they haven’t yet figured out what caused the apparent leak of carbon monoxide from the propane gas heating system. New Hampshire Fire Marshal Sean Toomey said there were no carbon monoxide alarms found in the home, and he urged people to install and maintain such alarms. “This has been a terribly tragic year for both fire deaths and carbon monoxide deaths,” Toomey said. The CDC said more than 400 Americans die each year from unintentional carbon monoxide poisoning not linked to fires, while another 14,000 are hospitalized. When fire crews arrived, they found the home had elevated levels of carbon monoxide, Toomey said, adding that the deaths were believed to be accidental.

Persons: Matthew Goldstein, Lyla Goldstein, Valerie, Violet, Sean Toomey, ” Toomey, “, Toomey, Edith C, “ Mr, Linus Guillory, Lyla, Valerie Goldstein’s, Violet Goldstein, Crystal Williams, ” Williams, Redfin Organizations: WAKEFIELD, Microsoft, New Hampshire Fire, Disease Control, CDC, Police, Hampshire’s, Baker School, Brookline Public, Newton Theatre Company, Syracuse University, Rhode Island School of Design Locations: N.H, —, Massachusetts, New Hampshire, Chestnut Hill, Newton , Massachusetts, New, Wakefield, Boston, Chestnut, South Brookline, Brookline, North Carolina, Balch

Four people were found dead in a New Hampshire home on Christmas Day of suspected carbon monoxide poisoning, officials said. The home in Wakefield, N.H., where four people were found dead on Christmas Day of suspected carbon monoxide poisoning. NBC BostonMore than 400 people die every year in the United States from carbon monoxide poisoning not linked to fires, the Centers for Disease Control and Prevention says on its website. State Fire Marshal Sean P. Toomey stressed the importance of having working carbon monoxide alarms in homes in Wednesday’s statement. Wakefield is a town of around 5,000 in the eastern part of New Hampshire, near the Maine border.

Persons: “, Sean P, Toomey, Wakefield Organizations: Wakefield Police, Fire Rescue, NBC Boston, Centers for Disease Control, Fire Locations: New Hampshire, Wakefield, N.H, United States, Maine

Robert Kennedy Jr. speaks with others before a ceremony with President-elect Donald Trump at the New York Stock Exchange on Thursday December 12, in New York. He said he would consider getting rid some vaccines for children, falsely suggesting autism may be caused by vaccines. Scientists have repeatedly debunked the theory that vaccines cause autism. Several subsequent studies trying to reproduce the results have found no link between vaccines and autism. Autism diagnoses have been increasing — up from one in 150 children in 2000 to about 1 in 36 children in 2020.

Persons: Robert Kennedy Jr, Donald Trump, Alex Brandon, ” Trump, Robert F, Kennedy Jr, Kennedy, Trump, he’s “, ” Kennedy, he’s, Andrew Wakefield, Wakefield Organizations: New York Stock Exchange, Time, Department of Health, Human Services, Trump, NBC News, US Centers for Disease Control, Autism Locations: New York

CNN —Accompanying his selection as Time’s Person of the Year, President-elect Donald Trump sat down with the magazine for a wide-ranging interview that published on Thursday. “I want to reach an agreement, and the only way you’re going to reach an agreement is not to abandon,” Trump said. He said the war is a “tragedy” with a “staggering” number of people killed on both sides of the conflict. He said he would consider getting rid of some vaccines for children, falsely suggesting autism may be caused by vaccines. Several subsequent studies trying to reproduce the results have found no link between vaccines and autism.

Persons: Donald Trump, ‘, ’, Ukraine Trump, “, ”, ” Trump, “ We’re, Joe Biden, Trump, Volodymyr Zelensky, Vladimir Putin, ’ Trump, We’ll, we’ll, we’re, —, “ I’m, they’ve, Robert F, Kennedy Jr, We’re, Kennedy, he’s “, ” Kennedy, he’s, It’s, Andrew Wakefield, Wakefield, ” “ Organizations: CNN, Capitol, Biden, Army Tactical Missile Systems, Trump, National Guard, NBC, Press, Time, Justice Department, NBC News, Department of Health, Human Services, US Centers for Disease Control, Autism, West Bank, Education Department Trump, Department of Education, of Education, Civil Locations: Ukraine, Russia, East, Israel, Washington

One woman has died after she and another resident were pulled from a burning home in Wakefield, Massachusetts, early Sunday morning. The man was taken to MelroseWakefield Hospital with serious injuries and is expected to survive, fire officials said. The female resident was taken to Massachusetts General Hospital in Boston, where she later died from her injuries, fire officials said. Investigators did find smoking materials and home oxygen equipment in the area where the fire started on the third floor. Displaced residents are being assisted by The Red Cross and the Wakefield Office of Emergency Management.

Persons: “, ”, Bill Fulkerson, Michael Sullivan, Fulkerson, ” Jim Fosnock, ” Fulkerson Organizations: Wakefield Fire Department, state’s Department of Fire Services, ” Wakefield, MelroseWakefield Hospital, Massachusetts General Hospital, North, Wakefield Office, Emergency Management Locations: Wakefield , Massachusetts, Massachusetts, Boston, Stoneham, Melrose, Reading, North Reading

☆ AI startups are snatching up San Francisco offices, using Zoom fatigue to recruit talent
▼ + stars: | 2024-12-06 | by ( Salvador Rodriguez | ) www.cnbc.com time to read: +9 min

Mithrl is among a wave of startups coming back to San Francisco and working in person four days or more each week. Noah Jackson, 27, and his colleagues at Tako, a San Francisco startup that works in person four days a week. Courtesy: TakoOverall, the San Francisco office market remains tepid, with the vacancy rate climbing to 34.9% in the third quarter from 29.4% a year ago, according to data from Cushman & Wakefield. How quickly the broader market bounces back depends largely on the decisions made by huge San Francisco tenants like Salesforce and Google . The pair moved to San Francisco for the nucleus of talent and because they believe in the future of the city, Adarsh said.

Persons: Noah Jackson, Jackson, We're, Alex Rosenberg, Rosenberg, Liz Hart, Newmark, Hart, Zach Tratar, Tratar, we're, " Hart, There's, Mithrl, Vivek Adarsh, Adarsh, Michelle Lee, Vonne Hutchinson, Hutchison, Hutchinson, Lee Organizations: Tako, San, Cushman &, Sierra, Google, University of California, Hacker Locations: San Francisco, Tako, San, Heights, Hayes, Jackson, Cushman & Wakefield, North America, Francisco, Seattle, Bay, Silicon, Santa Barbara, Mission

☆ Howard Lutnick helped build Newmark into a real estate powerhouse. Now he's leaving for Washington.
▼ + stars: | 2024-12-04 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +7 min

AdvertisementHoward Lutnick opened his wallet and Rolodex to turn Newmark into a commercial real estate success. In 2011, the billionaire arranged for his affiliate financial company, BGC Group, to purchase the New York-based commercial real estate services firm Newmark for an undisclosed sum. The results have turned heads in the ultra-competitive real estate business. "It's one of the best positioned real estate players today," Goldfarb added, noting that he has an "overweight" – or buy – rating on Newmark stock. In 2014, Newmark purchased Grubb & Ellis, a commercial real estate services firm, out of bankruptcy.

Persons: Howard Lutnick, Newmark, Lutnick, Trump's, Howard, Barry Gosin, Donald Trump, Cantor Fitzgerald, Elon Musk, Barry, Alexander Goldfarb, Piper Sandler, Goldfarb, Cantor, Gosin, Mark Weiss, Scott Panzer, JLL, Panzer, Grubb, Ellis, Piper, David Falk, Falk –, Falk Organizations: Business, New, Cushman & Wakefield, Newmark, Cushman &, Economic, Newmark's Locations: Washington, Wall, New York, America, Cushman & Wakefield, Davos, Switzerland, Newmark's New York

☆ Lawmakers in Massachusetts are trying to eventually stop the sale of tobacco
▼ + stars: | 2024-11-30 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +2 min

In 2018, the state raised the legal age to buy tobacco products, such as cigarettes, cigars, and e-cigarettes, to 21. Nearby Massachusetts towns, such as Malden, Melrose, Reading, Stoneham, Wakefield, and Winchester, followed Brookline's playbook and also placed generational bans on tobacco products. In the US, California is trying to ban the purchase of tobacco products by 2073. New Zealand was the first country to impose a generational ban, but the country repealed that ban this year. "This bill will not take away the right to purchase nicotine and tobacco products from anyone who is already legally able to do so," he said.

Persons: wouldn't, Democratic Sen, Jason Lewis, Lewis, —, Brookline's playbook Organizations: Associated Press, Big Tobacco, Democratic, Centers for Disease Control Locations: Massachusetts, Brookline , Massachusetts, Boston, Nearby Massachusetts, Malden, Melrose, Reading, Stoneham, Wakefield, Winchester, California, New Zealand

☆ Milan’s Via Monte Napoleone is now the world’s most expensive shopping street
▼ + stars: | 2024-11-20 | by ( Hanna Ziady | ) edition.cnn.com time to read: +3 min

London CNN —Milan’s Via Monte Napoleone has beat out New York’s Fifth Avenue to become the world’s most expensive shopping street, marking the first time a European city has topped the rankings. The Gucci store on Fifth Avenue in New York City, seen in March 2024. In April, Gucci parent Kering paid €1.3 billion ($1.4 billion) to acquire a building on Via Monte Napoleone from a subsidiary of Blackstone. The world’s 10 most expensive shopping locations, by rent per square foot, according to Cushman & Wakefield:1. Via Monte Napoleone, Milan2.

Persons: Thomas Casolo, ”, Gucci, Michael M, Robert Travers, Kering, Blackstone . Chanel, Versace, Cartier, Celine Organizations: London CNN, New, Cushman &, Bond, Hong, Cushman, Wakefield’s, Italy, CNN, Via, Blackstone ., Henley & Partners, Cushman & Wakefield, New Bond, Tsui, Pitt, Mall Locations: Napoleone, Cushman & Wakefield, Paris, New York City, Europe, East, Africa, Via Monte Napoleone, Bottega, Milan, New York, London, Hong Kong, Ginza, Tokyo, Bahnhoftstrasse, Zurich, Sydney, Myeongdong, Seoul, Kohlmarkt, Vienna

☆ New York City's Fifth Avenue has been dethroned as the world's most expensive shopping street — here's the new Top 10
▼ + stars: | 2024-11-20 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +1 min

AdvertisementMilan has dethroned New York City as home to the world's most expensive street in retail. Via Monte Napoleone boasts annual rents of $1,959 per square foot, per a new report. New York City's Fifth Avenue has been dethroned as the most expensive shopping street in the world, according to a new report from a global real estate firm. Milan's Via Monte Napoleone has taken the crown — marking the first time a European city has topped a list compiled by property consultancy Cushman & Wakefield. Here are the 10 most expensive shopping streets worldwide, according to Cushman & Wakefield.

Persons: Shou Zi Chew, Andreas Siebert, Gucci, Saint Laurent, Kering, it's Organizations: New, New York, Cushman & Wakefield, Cushman & Locations: Milan, New York City, Napoleone, New, Singapore, Tokyo, Paris, Zurich, Via Monte Napoleone, Blackstone, Cushman & Wakefield

The Summary Trump plans to tap Robert F. Kennedy Jr. to be his health and human services secretary. Kennedy has spread misinformation about vaccines, fluoride, raw milk and other topics. Kennedy has also referred to the Covid vaccine as “the deadliest vaccine ever made,” despite data showing it’s overwhelmingly safe. As many as 30 states allow raw milk to be sold, but the FDA regulates its sale across state lines. But Kennedy has cast doubt on those findings, claiming without evidence that the drugs were discredited because various groups stood to make money off Covid vaccines.

Persons: Trump, Robert F, Kennedy Jr, Kennedy, Donald Trump’s, ” Trump, Trump’s, Andrew Wakefield, “ I’m, ”, Howard Lutnick, glyphosate, hasn’t, haven’t, ivermectin, podcaster Joe Rogan, Elon Musk Organizations: NBC, Centers for Disease Control, FDA, National Institutes of Health, Medicare, Services, NBC News, Trump, CNN, CDC, European Union, International Agency for Research, Cancer, Environmental Protection Agency, American Academy of Pediatrics, National Cancer Institute

Only 22% of parents are "completely confident" in their ability to teach their children the basics of investing, the survey found, and they're looking to their kids' schools for help. All else being equal, 74% of parents said they would move their children to a different school if it offered financial education and investment courses. SIFMA with Wakefield Research polled 1,000 U.S. parents of students in grades K-12. Getting your child hands-on experience with investing is also a smart strategy, advisors say. Hands-on experience also gives children a chance to discuss with parents what investing means to them, she said.

Persons: —, Melanie Mortimer, Lance Robert, Stacy Francis, Francis, Catherine Valega, Roth IRAs, Valega Organizations: SIFMA Foundation, Wakefield Research, Francis Financial, CNBC, Getty Images, Green Bee Advisory Locations: Los Angeles, New York, Getty Images Boston

☆ Residents of Wyoming have the most positive outlook on life, new survey shows—Hawaii didn't make the top 5
▼ + stars: | 2024-09-25 | by ( Renée Onque | ) www.cnbc.com time to read: +1 min

Hawaii may be the happiest state in America, but according to a recently conducted study, the residents of Wyoming have the most positive outlook on life. The company polled 5,000 U.S. adults, including 100 participants from each state. The survey was also done in partnership with Dr. Deepika Chopra, a behavioral scientist who is commonly referred to as "The Optimism Doctor." "Scores were averaged together to provide a score of that state's optimism," according to the press release. Hawaii didn't make the top five on the list, despite being known for its stellar weather and happy residents.

Persons: Dr, Deepika Chopra Organizations: Wakefield Research Locations: Hawaii, America, Wyoming

☆ Opinion | The Radical Message of ‘Sweet Valley High’
▼ + stars: | 2024-08-03 | by ( Sally Franson | ) www.nytimes.com time to read: +1 min

When news broke that Francine Pascal, creator of the “Sweet Valley High” universe, died last weekend at the age of 92, appreciations began rolling across the internet like a certain red Spider through a high school parking lot. Nostalgic and bereaved, I drove to the library to check out a few, only to discover they had been removed from the catalog. “But I loved them.”This backhanded praise would have been familiar to Ms. Pascal, whose literary talents were either sneered at or dismissed for decades. Even as her franchise blanketed best-seller lists — 200 million books and counting, thanks to teenage readers like me — she, and they, received astonishingly little media coverage. For those affected by the blackout, the Sweet Valley universe comprises hundreds of novels and numerous spinoffs, all set in the eponymous Southern California town and starring Jessica and Elizabeth Wakefield, identical twins with blue-green eyes, shining blond hair and sky-high ambitions — Elizabeth’s literary, Jessica’s social.

Persons: Francine Pascal, appreciations, Pascal, Jessica, Elizabeth Wakefield, — Organizations: Guardian, Playboy Locations: Sweet, Southern California

☆ Francine Pascal, creator of beloved ‘Sweet Valley High’ books, dies at 92
▼ + stars: | 2024-07-30 | by ( Associated Press | ) edition.cnn.com time to read: +3 min

NEW YORK AP —Francine Pascal, a onetime soap opera writer whose “Sweet Valley High” novels and the ongoing adventures of twins Elizabeth and Jessica Wakefield and other teens captivated millions of young readers, has died at age 92. Pascal died Sunday, her publisher, Penguin Random House, said. Starting in 1983, Francine Pascal oversaw the completion of more than 150 “Sweet Valley High” stories with the help of others. “Sweet Valley is the essence of high school,” Pascal told People magazine in 1988. John Pascal died in 1981.

Persons: Francine Pascal, Elizabeth, Jessica Wakefield, Pascal, ” Pascal, “, —, ”, Francine Paula Rubin, John Pascal, Dallas ”, Jessica, You’ll, Jerome Offenberg, Jamie Organizations: Sunday, Penguin Random, Wakefield, New York City, New York University, Cosmopolitan, Dallas, Entertainment Locations: Sweet, Angeles, New York

☆ Francine Pascal, Creator of ‘Sweet Valley High’ Book Series, Dies at 92
▼ + stars: | 2024-07-29 | by ( Clay Risen | ) www.nytimes.com time to read: +1 min

Francine Pascal, a former soap-opera scriptwriter from Queens who conjured up an entire literary universe among the blue-eyed cheerleaders and square-jawed jocks of suburban Los Angeles, most notably in her long-running and mega-best-selling “Sweet Valley High” series of young-adult novels, died on Sunday in Manhattan. Her daughter Laurie Wenk-Pascal said the death, at NewYork-Presbyterian Hospital, was caused by lymphoma. With covers instantly recognizable by their varsity-style lettering and soft-focus illustrations, “Sweet Valley High” books enraptured a generation of teenage readers with the lives of Elizabeth and Jessica Wakefield, identical twins attending high school in the fictional Los Angeles suburb of Sweet Valley. The twins are “the most adorable, dazzling 16-year-old girls imaginable,” Ms. Pascal told People magazine in 1988. They, and the books, are also strikingly innocent: Even as the thoughtful Elizabeth and the scheming Jessica clash over boys, friends and spots on the cheerleading team, drugs, alcohol and sex barely permeate the 181 titles in “Sweet Valley High,” or the scores of others in the spinoffs — and the spinoffs of spinoffs — from the series.

Persons: Francine Pascal, Laurie Wenk, Pascal, Elizabeth, Jessica Wakefield, Ms, Jessica Organizations: Presbyterian Hospital Locations: Los Angeles, Sweet, Manhattan, NewYork, Sweet Valley

☆ David Liederman, Who Found Sweet Success With David’s Cookies, Dies at 75
▼ + stars: | 2024-07-10 | by ( Florence Fabricant | ) www.nytimes.com time to read: +1 min

David Liederman, whose confections redefined the chocolate chip cookie and whose chain, David’s Cookies, eventually grew to more than 100 stores nationwide, died on Thursday in Mount Kisco, N.Y., near his home in Katonah. His wife, Susan Liederman, said the cause of his death, at a hospital, was a heart attack. Mr. Liederman’s innovative version of the chocolate chip cookie will keep his name alive. The cookie’s unique feature was that it was not made with standard Toll House chocolate chips but was studded with irregular pieces of dark Swiss Lindt chocolate. Mr. Liederman called his cookies chocolate chunk, a term that has become widely understood and used in the world of baking and confections.

Persons: David Liederman, Susan Liederman, Ruth Graves Wakefield, Nestlé, Liederman Locations: Mount Kisco, Katonah, Whitman

Artificial intelligence has been a big boon for San Francisco real estate. The vacancy rate for San Francisco office space reached a fresh record of 34.5% in the second quarter, according to a report Monday from commercial real estate firm Cushman & Wakefield. "San Francisco is certainly the center of AI, but AI is not going to save the San Francisco commercial real estate market," Sammons said. Vacant office space across San Francisco for the quarter totaled 29.6 million square feet, Cushman & Wakefield said. WATCH: Commercial real estate vacancies in San Francisco are at an all-time high

Persons: OpenAI, Robert Sammons, Anthropic, Sammons, That's, Cushman & Wakefield Organizations: San, Tech, Microsoft, Cushman &, San Francisco, Wells Locations: San Francisco, Wakefield, Mission, Cushman & Wakefield, Francisco, Wells Fargo, Cushman

☆ Chinese automakers expected to achieve 33% global market share by 2030
▼ + stars: | 2024-06-27 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

Much of the growth, from a forecast 21% market share this year, is expected to come outside of China. The rapid expansion of Chinese automakers is a growing concern for legacy automakers and politicians globally. In North America, Chinese automakers are forecast to only achieve a 3% market share, largely in Mexico, where one in five vehicles are expected to be Chinese brands by 2030. In most other major regions of the world, AlixPartners reports that the share of Chinese automakers is expected to exponentially grow. Chinese brands in China also are expected to grow from 59% to 72% in market share, according to AlixPartners.

Persons: AlixPartners, Mark Wakefield Organizations: Auto Guangzhou, China Import, Export, Visual China, Getty Images, AlixPartners, General Motors, Nurphoto, Getty Locations: Guangzhou, Guangdong Province of China, China, Japan, North America, U.S, AlixPartners, Mexico, Central, South America, Southeast Asia, East, Africa, Bangkok, Nonthaburi Province, Thailand

☆ WeWork emerges from bankruptcy, announces John Santora as new CEO
▼ + stars: | 2024-06-11 | by ( Genna Contino | ) www.cnbc.com time to read: +2 min

WeWork , the shared office space company once valued at $47 billion, emerged from bankruptcy on Tuesday and named Cushman & Wakefield executive John Santora as its new CEO. WeWork filed for Chapter 11 bankruptcy protection in November, with total liabilities of $18.65 billion against assets of $15.06 billion. Santora becomes WeWork's fourth permanent CEO in five years after the company's failed initial public offering in 2019 and subsequent restructuring. He replaces David Tolley, who began service as interim CEO in May 2023 before assuming the permanent CEO position in October. WeWork also announced a new board, including Anant Yardi, CEO of property management software company Yardi Systems.

Persons: John Santora, WeWork, Santora, David Tolley, Anant Yardi, Adam Neumann, Miguel McKelvey, Neumann Organizations: Cushman & Wakefield, Yardi Systems, State

☆ What Retail Apocalypse? Shopping Centers Are Making a Comeback.
▼ + stars: | 2024-06-09 | by ( Joe Gose | ) www.nytimes.com time to read: +1 min

Shopping center landlords have found themselves in a wholly unfamiliar position: For the first time in 20 years, demand for retail space outstrips supply. That demand has soared recently and, after years of muted construction and a purge of weak-performing properties, met a retail market with less available space. Properties that survived the purge signed up tenants that would draw more shoppers and give them more reason to linger. That meant more restaurants and venues that promote recreational experiences, like ax throwing and, more recently, pickleball. It also meant less space for traditional retailers that weren’t performing as well, like bookstores and apparel brands.

Persons: “ there’s, ”, Barrie Scardina, Cushman & Wakefield Organizations: Cushman & Locations: Americas, Cushman & Wakefield

☆ Craft cocktails, mountain bikes and art: Walmart's hometown is booming, and getting more expensive
▼ + stars: | 2024-06-06 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +13 min

— When Gil Curren's family moved into a run-down farmhouse in Walmart's hometown of Bentonville, Arkansas, in 1971, the now-retail giant wasn't yet a decade old. Craft cocktails, hipster coffee shops and chef-driven restaurants have popped up around the city. Realtor Kristen Boozman, who works for Sotheby's, helps clients search for homes in the Bentonville area, including many buyers who are relocating from another city. Home values have shot up in the Bentonville area. A Walmart spokeswoman said the Walton Family Foundation funds and advocates for affordable housing projects in the Bentonville area.

Persons: Gil Curren's, it's, Sue, Gil Curren, Melissa Repko, Hunt, Tyson, Shawn Baldwin, Sam Walton, Walton, Walton's, Steuart, Tom Walton, Sam Walton's, Alice Walton, Bridges, She's, Crystal Bridges, Kristen Boozman, There's, Donna Morris, Morris, Tracy Robinson, she's, CNBC Tracy Robinson, Robinson, Stanley, Matthew Cooper, Tom, Cooper, he's, district's, It's, Jeff Webster, Bentonville Shawn Baldwin Organizations: Cyclists, Kansas City, CNBC, Walmart, Craft, Fortune, Tyson Foods, PepsiCo, Hershey, Mattel, . Census, Cushman &, Sage Partners, of Commerce, Northwest Arkansas Council, D.C, Ropeswing Hospitality, Bentonville Schools, Excellerate Foundation, Walton Family Foundation, Walton Family, Bentonville Locations: BENTONVILLE, Ark, Walmart's, Bentonville , Arkansas, Bentonville, Kansas, Austin , Texas, New York, U.S, Silicon, It's, Arkansas, Cushman & Wakefield, American, Crystal, Austin, Boise , Idaho, Dallas, Fort Worth, Atlanta, Toronto, New York City, Miami, Washington, New York City , Washington, Bentonville's

☆ Two CVS retail stores in Rhode Island join new national pharmacy union
▼ + stars: | 2024-05-24 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +3 min

The CVS pharmacy logo is displayed on a sign above a CVS Health Corp. store in Las Vegas, Nevada on Feb. 7, 2024. Pharmacy staff at two CVS retail stores in Rhode Island voted to join a new national pharmacy union on Friday, signaling growing momentum in a movement to help thousands of U.S. pharmacy workers address what they allege are unsafe working conditions. It comes a month after a CVS Omnicare pharmacy in Las Vegas — which is not customer facing — became the first location to join the union, known as The Pharmacy Guild. "These are the first brick-and-mortar classic CVS model" stores to join the union, Shane Jerominski, a community pharmacist and co-founder of The Pharmacy Guild, told CNBC. Many employees said the Covid-19 pandemic only exacerbated those issues, with new duties such as vaccinations and testing stretching pharmacy staff even thinner.

Persons: —, Shane Jerominski, Jerominski Organizations: CVS Health Corp, Pharmacy, Westerly, CVS, CNBC, Walgreens, National Labor Relations, IAM Healthcare, Rite Aid Locations: Las Vegas , Nevada, Rhode, Wakefield, Las Vegas, U.S

☆ Interest rates and the AI-fueled rally remain top of mind for stock investors in the week ahead
▼ + stars: | 2024-05-03 | by ( Alex Harring | ) www.cnbc.com time to read: +9 min

The Fed and economic policy were top of mind this week given the central bank's Wednesday decision to yet again leave interest rates unchanged , as it has since last summer. This week included the conclusion of April's trading month, which marked the first down month of the year for all three major market averages. Indeed, some recent earnings reports have raised doubts about the economy, with brands from McDonald's and Starbucks evidencing signs of strain among consumers. While no new inflation numbers are scheduled for release next week, investors will see reports on March wholesale inventories, March consumer credit and May consumer sentiment from the University of Michigan. AI trade Though interest rates took center stage this week, investors also continued monitoring companies tied to the artificial intelligence boom amid the stocks' recent choppiness.

Persons: they're, Jerome Powell, Larry Tentarelli, David Donabedian, Sam Stovall, There's, Stovall, Tom Hainlin, Tentarelli, CFRA's Stovall, Lyft, Cabot, Aramark, Tempur Sealy, Nikola, Walt Disney, Sally Beauty, Warby Parker, Krispy Kreme, Papa John's Organizations: Federal Reserve, Treasury, Nasdaq, Dow Jones, CIBC Private Wealth, Dow, CFRA, Citigroup, Bank of America, U.S, Bank Wealth Management, University of Michigan, Nvidia, Disney, Spirit Airlines, Tyson Foods, Pharmaceuticals, Lucid, Palantir Technologies, Simon Property, Tech, Lab, Goodyear Tire, Noble Corp, Vornado Realty, Coty, BellRing, Consumer, UBS, BP, Nintendo, Bloomin, Duke Energy, Rockwell Automation, Ferrari, NRG Energy, Electronic Arts, Cirrus, Adaptive Biotech, Arista Networks, Dutch Bros, Holdings, Virgin Galactic, IAC, Rivian Automotive, Brighthouse, Occidental Petroleum, Assurant, Kinross Gold, Labs, Diamond, Reddit, Anheuser, Busch InBev, Embraer, Health, United Parks & Resorts, Emerson Electric, Brookfield , New York Times, Food, Reynolds Consumer Products, Teva Pharma, Uber Technologies, Dine Brands, Liberty Broadband, Fox Corp, Cushman &, Liberty Media, Arm Holdings, Kodiak Gas Services, Solaredge Technologies, AMC Entertainment, Cheesecake, News Corp, Toyota Motors, Fair, US Foods, Hyatt Hotels, Warner Bros, Hilton, Warner Music Group, Unity Software, Insurance, Gen, Honda, AMC Networks Locations: Central, McDonald's, Expeditors, Occidental, Angi, Brookfield , New, Ambev, Cushman & Wakefield, Michigan

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