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While most of TIAA’s clients are current or retired workers at nonprofit organizations, TIAA also offers individual retirement accounts to investors online. They didn’t own enough in-house TIAA products, according to the complaint and a recording of Parkin’s presentation. But in two asset classes, the tool’s recommendations are limited to TIAA products, according to the complaint and internal documents. Morningstar selects asset classes and investments for the TIAA tool from those chosen by a retirement plan fiduciary, it said. Paras Griffin / Getty Images fileThe recent push to increase client usage of TIAA’s advice tool appears to be succeeding.
Persons: Ted Fitzpatrick, Fitzpatrick, TIAA, , ” Fitzpatrick, , Chris Tobe, Craig Parkin, Rajotte, , Yale, Craig Warga, TIAA hasn’t, Ted Siedle, “ TIAA, ” Siedle, TIAA’s Parkin, Parkin, Thasunda Brown Duckett, “ Thasunda, ” Parkin, ” TIAA, Adriana Macias, Morningstar, Duckett, Rowe Price, TIAA’s, Paras Griffin, it’s, Steers, Organizations: SEC, New, Cornell University, University of North Carolina System, TIAA, Vanguard, Fidelity, Systems, Yale, Yale University, Bloomberg, Getty, Brown University and Harvard, NBC News, NBC, Morningstar Investment Management, of, Morningstar, “ Morningstar Investment Management, Bank of New York Mellon, Equitable Holdings, Cohen, Steers, & $ Locations: Milwaukee, TIAA, New York, New Haven, Conn, Chicago, Atlanta
5 things to know about Boeing’s latest 737 Max crisis
  + stars: | 2024-01-10 | by ( Ramishah Maruf | ) edition.cnn.com   time to read: +10 min
Here is the latest on what to know as Boeing faces yet another 737 Max crisis. “We’ll make sure that we take steps to ensure that it never, never can happen.”The 737 Max 9 remains groundedOn Saturday, the Federal Aviation Administration ordered most Boeing 737 Max 9 aircraft to be temporarily grounded as regulators and Boeing investigate the cause of the incident. That has led to hundreds of cancelations, particularly from Alaska Airlines and United Airlines, which have dozens of the 737 Max 9 planes. United Airlines said it is canceling 167 Boeing 737 Max 9 flights today and expects significant cancellations on Thursday, too. Alaska Airlines also said Monday it found loose hardware on some of its 737 Max 9 planes during inspections.
Persons: Dave Calhoun, company’s ‘, , Calhoun, ” Calhoun, Patrick Shanahan, “ We’re, , “ We’ll, Max, Jennifer Homendy, CNN’s Poppy Harlow, AeroSystems, Republican Sen, J.D, Vance, Joe Biden, John Lovell, David Calhoun, ” Homendy, “ I’ve, I’ve, What’s, Eric Weiss, it’s, , Catherine Thorbecke, Chris Isidore, Greg Wallace, Pete Muntean Organizations: New, New York CNN, Alaska Airlines, Max, Boeing, CNBC, Alaska Airlines midflight, Spirit, Federal Aviation Administration, United Airlines, . United Airlines, National Transportation Safety, CNN, FAA, NTSB, Republican, Senate, National Transportation Safety Board, Alaska Airlines Flight, Reuters, Airbus, Transportation Safety Locations: New York, Portland , Oregon, , Ohio, Alaska, U.S, Indonesia, Ethiopia, Calhoun, Portland
New York CNN —Republican attorneys general from seven states signed a letter Wednesday to Target (TGT), warning clothes and merchandise sold as part of the retail giant’s Pride month campaigns could violate their state’s child protection laws. Nineteen states have passed laws restricting it. And more than 1 in 5 of Gen Z identify as LGBTQ+ – so we’re also their future. In May, Target said it was removing some products celebrating Pride Month after the company and its employees became the focus of a “volatile” anti-LGBTQ campaign. Target said it removed from shelves “items that have been at the center of the most significant confrontational behavior.”Target did not have comment on the letter.
Persons: Theys, Katya ’, It’s, ” Jay Brown, HRC’s, Gen, we’re, Target Organizations: New, New York CNN, AGs, Rights, Training, Research, CNN, Human Locations: New York, Indiana , Arkansas , Idaho , Kentucky , Mississippi , Missouri, South Carolina
The stage at London’s Royal Albert Hall has been transformed into an enchanted forest, populated by gnomes, woodland creatures – and over 90 ballet dancers. After a forced four-year break due to the COVID pandemic, the ballerinas of the English National Ballet are back for a spectacular run of “Cinderella,” one of the company's biggest shows. Ticket sales for this year's “Cinderella” are up 20% on 2019, according to a spokesperson. Dancing there is a magical experience for Adams, given the venue’s 152-year history of hosting momentous cultural events, she said. “It just feels really special to be on the other side of it and to finally be living this out,” Adams said.
Persons: London’s Royal Albert Hall, , Precious Adams, Adams, COVID, ” Adams, Dylan Martinez, Sarah Young, Troy Dunkley Organizations: London’s Royal, English, Ballet, Royal Albert Hall, Reuters Locations: London's Kensington
A “15-minute city” is an urban planning model that envisions an environment where people can access amenities within a 15-minute walk, bike ride, or public transport journey from their homes. However, multiple experts who spoke to Reuters said the urban planning idea has been widely misinterpreted online. WHAT IS A 15-MINUTE CITY? Versions of a 15-minute city have been implemented in Paris and Melbourne, while other areas like Ottawa (here) and Scotland (bit.ly/3Hil13x) (page 61) have proposals in place. The 15-minute city is an urban planning concept that envisions a living environment with easily accessible essentials.
Baidu CEO Robin Li, here in 2019, told employees in late December that the great challenge is turning the company’s ‘cool technology’ into products that everyone needs. China’s Baidu Inc. has thrust itself into a global race to commercialize the next-generation of artificial-intelligence technologies like ChatGPT that could bring major transformations to the internet. The company is developing an AI-powered chatbot similar to OpenAI ‘s popular ChatGPT and plans to integrate it into its main search engine in March, people familiar with the matter said.
Baidu CEO Robin Li, here in 2019, told employees in late December that the great challenge is turning the company’s ‘cool technology’ into products that everyone needs. China’s Baidu Inc. is developing an artificial-intelligence-powered chatbot similar to OpenAI’s popular ChatGPT and plans to integrate it into its main search engine in March, people familiar with the matter said. The search giant also plans to build an independent website for users to access the tool, some of the people said.
Jim Cramer on Thursday called on Disney (DIS) to oust CEO Bob Chapek and clean up the company's ugly balance sheet. "The balance sheet, crushed by the need to make Disney+ profitable, as if nothing's changed since the original profitability goal in 2024, must be fixed. That balance sheet is the balance sheet from hell." As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .
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