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But here's the thing: It's not just that tens of thousands of middle managers have lost their jobs. But hiring had plunged by 43% for middle managers and 57% for senior leaders. But it's unclear whether getting rid of middle managers actually made companies run more efficiently. But study after study found that when middle managers do their jobs right, they bolster performance more than either top executives or ground-level employees. Companies are already discovering that having few middle managers is placing an enormous strain on their operations.
Persons: they've, Mark Zuckerberg, Andy Jassy, Elon Musk, , we've, I've, What's, they'd, They're, Rick, I'm, Zuckerberg, There's, they're, Zers, Aki Ito Organizations: Citi, Amazon, Revelio Labs, Supervisors, Data Technologies, Business Locations: Domino's
“​Frozen liquid items are allowed through the checkpoint as long as they are frozen solid when presented for screening,” a TSA spokesperson confirmed to CNN by email. What to do if your frozen bottle starts to melt? Ultimately, the best advice is to not pack any foods or frozen liquid items into your carry-on luggage that you would be upset to throw away. Some travelers question why someone would bother to freeze a bottle of water before their flight given most airports now have free refilling stations. “While I’ve never personally brought a frozen water bottle through security, there are times when this travel hack makes sense,” he told CNN.
Persons: , Malaika Casal, John E, Johnny Jet, I’ve, , , ” DiScala Organizations: CNN, US Transportation Security Administration, TSA, , Canadian Air Transport Security Authority Locations: Canada
New York CNN —Starbucks baristas can put eight shots of espresso into one cup. Starbucks’ self-serve stations had milk, sugar, sweeteners, spices and stirrers, just like at other coffee shops. This influx of mobile orders has sometimes strained Starbucks workers during rush hours. Gabby Jones/Bloomberg/Getty ImagesNiccol said bringing back self-serve stations will help Starbucks serve drinks in four minutes or less. “We’ll need to have proper staffing so that people are able to restock the condiment bar and make sure it’s clean and presentable.”
Persons: Amanda Poore’s, creamer, , Poore, David Garfield, , Brian Niccol’s, Gabby Jones, Niccol, We’re, it’s, Amanda Rivera, Rivera Organizations: New, New York CNN, Starbucks, Bloomberg, Getty, Starbucks Workers Locations: New York, Seattle, Atlanta
U.S. crude oil rose more than 1% on Tuesday, one day after posting the worst daily loss in two years. Energy traders were relieved Monday after Israel's long-anticipated retaliatory strikes on Iran last Friday spared the Islamic Republic's oil and nuclear facilities. The benchmark U.S. crude oil contract sold off more than 6%, or $4.40, to $67.38 per barrel. Here are Tuesday's energy prices:Goldman Sachs expects the price of Brent to recover to $77 per barrel in the fourth quarter even without any oil supply disruptions in the Middle East. Demand is soft in China, U.S. production is robust and OPEC+ has plans to bring crude back to the market in December.
Persons: Goldman Sachs, Daan Struyven, CNBC's, Struyven, Brent Organizations: Energy, U.S . Strategic Petroleum Reserve Locations: Iran, U.S, China
Raymond James CEO: M&A pipeline is returning
  + stars: | 2024-10-24 | 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 EmailRaymond James CEO: M&A pipeline is returningPaul Reilly, Raymond James CEO, joins 'Money Movers' to discuss the M&A pipeline buildup, why the pipeline appears to be refilling, and much more.
Persons: Raymond James CEO, Paul Reilly
Olivia Gaudree started working at Fuel Venture Capital as an intern in her early 20s. She worked her way up the ranks and became a partner in under seven years at 28. AdvertisementThis as-told-to essay is based on a transcribed conversation with Olivia Gaudree, a 28-year-old partner and VP of Operations at Fuel Venture Capital. Networking helped me land my job in venture capitalAt my high school hedge fund internship, I met Maggie Vo, now the managing general partner at Fuel Venture Capital, and got to know her well. Some firms offer entry-level positions within the investment team, but they aren't common.
Persons: Olivia Gaudree, Gaudree, , Maggie Vo, Maggie, Jeff Randsell, he'd, Merrill Lynch, I'm, I've, it's, It's Organizations: Fuel Venture, Service, Fuel Venture Capital, Business, Florida State University, Thomson Reuters, Networking, Fuel Locations: New York
Below, I rounded up the best October Prime Day deals that are still available right now. If you’re curious, the NBC Select team also compiled readers’ favorite Prime Day products and what our editors purchased. SKIP AHEAD Best Prime Day deals still live | More Prime Day sales still live | Best sales at other retailers | Why trust NBC Select? Best Prime Day sales still liveThese Prime Day sales are still going on, but keep in mind that not every item from a brand is discounted as described below. Each deal in this article is currently at its October Prime Day price or up to $10 higher.
Persons: it’s, They’re, , Sadhana Daruvuri, , You’re, Rosalie Sparaco, Nikki Brown, fryer, you’ll, Cory Fernandez, There’s, TikTok Organizations: Deal, NBC, Apple, Alexa, Bath, Amazon Reviewers, Adidas, Wellness, Giftable Tech, Facebook, Twitter Locations: men’s
Wild swings in mortgage rates discouraged almost everyone from venturing out into the market. As I wrote earlier this year, a gummed-up housing market — the Ice Age I was talking about — is good for nobody. When mortgage rates hit multidecade lows during the pandemic, millions of people were able to snag or refinance their way into cheaper monthly costs. That'd be within spitting distance of what the experts at John Burns Research and Consulting, a housing-research firm, call the "magic mortgage rate." In other words, trying to predict mortgage rates — and buying or selling a home accordingly — is a fool's errand.
Persons: Green, that's, Skylar Olsen, everyone's, it's, there's, Fannie Mae, John Burns, they'd, Ralph McLaughlin, Olsen, Lawrence Yun, Altos, Mike Simonsen, Chen Zhao, Zhao, We're, Mark Palim, Palim Organizations: Federal Housing Finance Agency, Federal Reserve, John, John Burns Research, Consulting, National Association of Realtors, Altos Research, Builders, Sun Locations: Sun Belt, Midwest
SKIP AHEAD Best Prime Day kitchen deals | More Prime Day kitchen sales | Best kitchen sales at other retailers | How I picked the best kitchen deals | Why trust NBC Select? Best Prime Day kitchen deals4.7-star average rating from 1,275 reviews on AmazonLowest price in three monthsNinja makes some of the best air fryers on the market, including this multifunctional option with buttons on the front that let you easily control its settings. Best Prime Day kitchen salesHere are the best Prime Day kitchen sales to know about. Best kitchen sales at other retailersCrate & Barrel: Up to 20% espresso and coffee machines from Breville, Cuisinart, KitchenAid and Miele. Target: Target Circle Week deals kitchen appliances Walmart: Up to 30% off on kitchen appliancesHow I found the best Prime Day kitchen dealsAll of my recommendations above are based on NBC Select’s previous coverage and reporting.
Persons: I’ll, Ninja, fryer, Chefman, cappuccinos, TikTok Organizations: NBC, Big Deal, Wellness, Bath, Giftable Tech, Deal, Facebook, Twitter
Read previewThe US Navy sacked the captain of a deployed warship after an unresolved steering problem resulted in a near-miss incident in the Middle East, according to a command investigation reviewed by Business Insider. But the command investigation said Yaste was relieved after the McCain lost steering during a July fuel replenishment that damaged a Navy oiler. The troubled destroyer remained at sea, and the command investigation said there was no evidence any notable troubleshooting efforts occurred after July 9. The August command investigation found that McCain crewmembers made a variety of mistakes, including failing to follow loss-of-steering procedures or communicating sufficiently between controlling stations. AdvertisementThe Navy has not publicly disclosed what happened with the McCain or acknowledged the steering issues during the deployment.
Persons: , Theodore Roosevelt Carrier, Cmdr, Cameron Yaste, Arleigh Burke, John S, McCain, Yaste, it's, Ryo Isobe, Declan Barnes, It's, Horn, Kevin Tang Organizations: Service, US Navy, Business, Theodore Roosevelt Carrier Strike Group, Navy, McCain, BI, Iranian, US, Engineers, Big, United Arab Locations: Bahrain, Big, Big Horn, United Arab Emirates
Thomas Coex | Afp | Getty ImagesThe oil-producing Organization of the Petroleum Exporting Countries and its allies could extend existing output cuts this week, delegates and analysts told CNBC, even as focus shifts from Middle East tensions to summer demand. OPEC+ producers are currently implementing a combined 5.86 million barrels per day of supply cuts. And then August is the peak month for tightness," Viktor Katona, lead crude analyst at Kpler, told CNBC. "However, I think that the market right now has priced in a full extension of the voluntary cuts. A high-inflation environment and tight monetary policy in turn reined in oil demand, but central banks have signaled readiness to lower interest rates in the second half of the year.
Persons: Thomas Coex, Viktor Katona, overproducers, Jorge Leon, Yemen's, Tamas Varga Organizations: Organization of, Petroleum, Afp, Getty, CNBC, Energy, Market Research, PVM Oil Associates, United Arab Emirates Locations: OPEC, Vienna, China, Iraq, Kazakhstan, Paris, Ukraine, Gaza, Red, Saudi Arabia, Russia, Guyana, Brazil, Canada
Learn moreFor as long as I've lived in apartment buildings with older plumbing, I've relied on a water filter to make my tap water more palatable. My first choice was one of the best water filter pitchers, as it seemed easy to maintain and a cost-effective alternative to buying bottled water. Berkey Travel Berkey Water Filter System The stand-alone water filtration system uses gravity and activated charcoal filters to remove contaminants and store potable water in the 1.5-gallon lower chamber. If a freestanding filter system is too much of a commitment, consider a smaller countertop system or a filtering pitcher. Bernadette Machard de Gramont/Business InsiderThe Berkey systems are tried-and-true — I've been using the Travel Berkey at home for nearly two years now with no issues.
Persons: Bernadette Machard de, microfiltration, It's Organizations: Business, Shop, Machine
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. My husband and I are raising a blended family with three boys — 8, 13, and 15 — who each go to a different school with slightly different start times. Once the boys are off, my husband leaves for work, and I get started on my to-dos from the home office. The couple being cringe-y, as their youngest says, on a trip to New York City last fall without the kids. Sara LyleWe weren't together, pre-kidsMy husband and I were never a couple before having kids; we were with other partners.
Persons: , we've, Sara Lyle, It's Organizations: Service, Business, American Psychological Association, APA, New York City Locations: Colorado Springs, Caribbean, Denver, New York, Florida, New Orleans, New York City, France, Singapore, Southeast Asia
The hiking trail to Middleham Falls on the Caribbean island of Dominica is all wet leaves, slippery black stones and steps formed by tree roots. It could be a path in Middle-earth, shrouded, shadowy and green, fit for hobbits and fairies. Where sunlight pierced the canopy, rainbows formed in the mist, almost close enough to poke. Here and there, hummingbirds drew nectar from huge blossoms. The goal on that January day: a 200-foot forest cascade filling and refilling little pools on the valley floor, where I could — as one does in the secret hot pools and isolated waterfalls of Dominica — shed my clothes, slip into water and commune with the hummingbirds like a fairy queen.
Locations: Dominica, Dominica —
A CNN analysis of state health departments finds that at least 33 states and the District of Columbia have naloxone vending machines. Other states, like Delaware, don’t currently have vending machines but plan to launch programs this year. Machines need to be restocked every dayOklahoma’s naloxone vending machine program launched in June. Naloxone vending machine programs often can face opposition from the communities where they are placed. He says he has heard some criticisms or “difficult” questions about the naloxone vending machines and other programs.
Persons: CNN —, Jason Hall, don’t, , , “ You’re, Leo Guerrero, Marshall Hawkins, Hall, you’ve, I’ve, ” Hall, Lori Tremmel Freeman, Heath Hayes, they’re, ” Hayes, Jason Hall refills, Hayes, Carla Sofronski, it’s, ” Sofronski, , that’s, Dr, Sanjay Gupta, Jason Organizations: CNN, Hall, District of Columbia, Oklahoma Department of Mental Health, Substance Abuse, Marshall Hawkins Hall, US Centers for Disease Control, Prevention’s National Center for Health Statistics, , National Association of County, City Health, of Mental Health, Substance, Reduction, CNN Health Locations: Oklahoma, United States, California, New York, Oregon, Delaware, Michigan, Wayne, Oklahoma City, Cincinnati, Clark County , Nevada, Tulsa ., Pennsylvania
China is showing signs that it's thinking about a drawn-out war after watching Russia, the IISS said. It shows Beijing is considering how it might not achieve a "swift victory" if it goes to war, an IISS analyst said. AdvertisementBeijing's military leaders appear to be preparing China for the possibility of a long-drawn war after observing Russia's protracted conflict in Ukraine, according to an international think-tank. Heavy losses in Ukraine, coupled with reports of mistreatment of conscripts and contract soldiers on the battlefield, have been stumbling blocks for Russian military recruitment. AdvertisementThe IISS report said China has been gleaning other lessons from the war, though the think-tank said it's difficult to confirm what exactly Beijing is learning.
Persons: , IISS, Nouwens Organizations: Service, Kremlin, PLA Army, International Institute for Strategic Studies, Liberation Army, Nikkei Asia, Nikkei, PLA Locations: China, Russia, Beijing, Ukraine
NAIROBI, Kenya (AP) — Gas explosions at an industrial building in Kenya's capital sent a huge plume of fiery smoke rising over homes early Friday and injured at least 29 people, authorities said. Nairobi residents who took several videos with their phones were heard speaking in concerned tones, some of them screaming. Government spokesman Isaac Mwaura said a company was refilling gas cylinders when the fire started and it badly damaged the building where the company was based. Kenya Red Cross ferried 29 injured people, the organization posted on its X social media account. The proximity of the industrial company to residences raised questions about enforcement of city plans.
Persons: Isaac Mwaura Organizations: , Kenya Red Cross Locations: NAIROBI, Kenya, Nairobi
[1/2] Israeli soldiers stand in order, amid the ongoing conflict between Israel and the Palestinian Islamist group Hamas, near Israel's border with Gaza, in southern Israel, December 4, 2023. The U.S. official spoke after three days of resumed aerial bombardments of southern Gaza left residents pulling the bodies of children and adults from the rubble. But the U.S. official said reducing military support to Israel would carry major risks. On Friday, Israel's military began posting grid-based maps online ordering Palestinians to leave parts of southern Gaza, directing them towards the Mediterranean coast and Rafah, near the Egyptian border. Residents and journalists on the ground said intense Israeli airstrikes hit southern Gaza on Monday, killing and wounding dozens of Palestinians.
Persons: Amir Cohen, Israel's, Biden, Kamala Harris, Antony Blinken, Israel, Benjamin Netanyahu, Ophir Falk, Seth Binder, Binder, Eylon Levy, Jake Sullivan, Omar Shakir, Humeyra Pamuk, Jonathan Saul, Maggie Fick, James Mackenzie, Steve Holland, Don Durfee, Daniel Wallis Organizations: Hamas, REUTERS, U.S, Health Ministry, Washington, United, Reuters, Reuters Graphics, East Democracy, Biden, Democratic, Israel, . National, Palestine, Human Rights, Amnesty, Thomson Locations: Israel, Palestinian, Israel's, Gaza, LONDON, BEIRUT, U.S, United States, East, Gaza City, Rafah, Jerusalem, Washington
They serve on the board of Groundwater Management District 3, which since 1996 has overseen the pumping of 16.2 trillion gallons of groundwater — enough to fill Lake Mead, the country’s largest reservoir, twice over. From Maryland to Hawaii groundwater levels are falling, often the result of overpumping and underregulation, made worse by climate change. Groundwater Levels at Goldstrike Mine Observation wells at Goldstrike show a pattern of immense groundwater withdrawals. “And money talks.”Kansas City Groundwater Management District 3 KANSAS Wichita KANSAS Groundwater Management District 3 Kansas City Groundwater Management District 3 KANSAS WichitaGrowing corn in the Kansas drylandsIn Kansas, the power of the men who run Groundwater Management District 3 is enormous. Groups like Groundwater Management District 3 have until 2026 to come up with plans to sustain groundwater.
Persons: Lake Mead, , Catherine Hospital —, we’re, , Lindsay Vaughn, David Robert Elliott, Joe Newland, Nevada Adam Sullivan, Christina Erling, Erling, Adam Sullivan, Emily Najera, Kim Raff, Julie Pazina, ” Barrick, Michael McCarthy, Barrick, ” Mr, McCarthy, Michael H, Taylor, Patrick Donnelly, don’t, Helena Billings, it’s, Galt, Wylie Galt, Bill Galt, Dutton, Wylie, Errol Galt, Galt’s, Matthew Hamon, The New York Times Eugene Graf, Montana homebuilders, The New York Times Montana, Brad Dundas, Dundas, Mr, John Tubbs, Tubbs, The New York Times Errol Galt, Eugene Graf, Graf, Guy Alsentzer, , Lucas Bessire, Vaughn, Newland, Mark Rude, Kan, The New York Times Mark Rude, Ms, Lall, Ali Zaidi, Biden, Jared Huffman, Huffman Organizations: Groundwater Management, Walmart, State, The New York Times, Kansas Farm Bureau, New York Times, NEVADA Carson City Las, Barrick, Carson City Las, NEVADA Carson City, North, Barrick Gold Corporation, Nevada Gold Mines, Nevada, of Water, University of Nevada, Center for Biological Diversity, Republican, Representatives, The Times, Galt, state’s Department of Natural Resources, The New York, Montana Fish, Montana Building Industry Association, KANSAS, KANSAS Wichita KANSAS Groundwater Management, KANSAS Wichita, Kansas drylands, Management, Kansas City Topeka, Kansas City, Topeka Wichita, Survey, University of Oklahoma, Groundwater, Kansas, Columbia Water Center, Columbia University, Natural Resources Defense Council, Marin Municipal Water District, Fisheries Locations: United States, Garden City, Kan, America, Lake, Kansas, Maryland, Hawaii, Barrick, NEVADA Carson, Carson, Nevada, Canada, Goldstrike, North America, Barrick’s, ” MONTANA, Helena, Bozeman MONTANA, Helena Billings Bozeman, Montana, Galt, , Broadwater County, Elk, Confederate, Sulphur Springs, Mont, Upper Missouri, Townsend, ” Kansas, Groundwater Management District, KANSAS Wichita KANSAS, KANSAS Wichita KANSAS Groundwater Management District, KANSAS, Kansas drylands In Kansas, District, Wichita, Kansas City Topeka, Management District, Topeka, Kansas City, Arkansas, Washington, California, Marin
MURFREESBORO, Tenn. (AP) — A police officer shot and killed a man who tried to rob an armored car employee in Tennessee and then charged at the officer with two knives, authorities said. The worker pulled a gun on Murphy, who then ran inside a nearby deli, Flowers said. The body camera footage shows officer Adam Claiborne opening the door of the deli and say “hey” at Murphy, who is behind the counter. Murphy then turns and charges at the officer with knives in both hands above his head. The officer, armored car worker and six employees in the deli were not injured, Flowers said.
Persons: Steven James Murphy, Murphy, Larry Flowers, Flowers, Adam Claiborne, Claiborne Organizations: , Murfreesboro Police, Police, The Tennessee Bureau, Investigation Locations: MURFREESBORO, Tenn, Tennessee
Department of Energy officials lead reporters on a tour of the Strategic Petroleum Reserve in Freeport, Texas, U.S. June 9, 2016. REUTERS/Richard Carson Acquire Licensing RightsWASHINGTON, Nov 13 (Reuters) - The U.S. plans to buy 1.2 million barrels of oil to help replenish the Strategic Petroleum Reserve after it sold off the largest amount ever last year, the Energy Department said on Monday. If the purchase is finalized it will have bought back about 6 million barrels. Last month the Energy Department said it hopes to buy 3 million barrels for December delivery and another 3 million for January at the higher price. It said it expects to issue additional oil purchase solicitations for the reserve on a monthly basis through at least May 2024.
Persons: Richard Carson, Joe Biden, Joe, Biden, Timothy Gardner, Sandra Maler, Chris Reese Organizations: of Energy, Strategic Petroleum Reserve, REUTERS, Rights, Energy Department, Thomson Locations: Freeport , Texas, U.S, Ukraine, Saudi Arabia, Russia
Biden Keeps the Billions Flowing to Iran
  + stars: | 2023-11-10 | by ( The Editorial Board | ) www.wsj.com   time to read: +1 min
Review and Outlook: After paying $6 billion to Iran, how will Biden prevent future ransom grabs? Images: AP Composite: Mark KellyYou’d think the Biden Administration would have realized by now that enriching the Iranian regime is a dangerous mistake. Iran exported nearly 1.4 million barrels of oil per day in October, sustaining its average for 2023. This is up 80% from the 775,000 barrels per day Iran averaged under the Trump Administration’s “maximum pressure” strategy, according to United Against Nuclear Iran, the group of former U.S. Ambassador Mark Wallace and Sen. Joe Lieberman , whose Tanker Tracker generates the best public data we have.
Persons: Biden, Mark Kelly You’d, Ali Khamenei ’, Mark Wallace, Sen, Joe Lieberman Organizations: Biden Administration, refilling, Trump, United Against Nuclear Locations: Iran, United Against Nuclear Iran
Christina started taking Wegovy in September 2021 after getting a prescription through Calibrate, a startup that promises science-backed help with weight loss. She never received medication through Calibrate again, and she's since gained back all the weight she lost. Calibrate says its goal for Masters patients is to get them off weight-loss medications and help them maintain the weight loss they achieved. A former employee on Calibrate's clinical team said the startup allocated fewer doctors to second-year patients because those patients historically required less help from Calibrate. At least four second-year patients Insider spoke with said they sought refunds from Calibrate after they didn't receive the services they paid for.
Persons: Christina, She'd, I'm, Florian Gaertner, they've, They've, Isabelle Kenyon, Kenyon, Fortune, Jenny Craig, Ozempic, it's, Katie, Calibrate's, didn't, It's, James, they'd, Arantza Pena Popo, Disha, aren't, hasn't, Michael Siluk, Beth Organizations: Getty, Calibrate's, Better, LinkedIn Locations: York, Chicago
Fluctuations since the attack pushed oil prices as high as $96. Until something like that happens, “the oil market is going to be like everyone else, monitoring the events in the Middle East,” Lipow said. One reason 1970s-style gas lines are unlikely: U.S. oil production is at an all-time high. Weekly domestic oil production has doubled from the first week in October 2012 to now. Lawmakers from both parties have urged Biden to block Iranian oil sales, seeking to dry up one of the regime’s key sources of funding.
Persons: ” Fatih Birol, , Andrew Lipow, ” Lipow, Mike Sommers, Sommers, “ America’s, , Joe Biden's, Israel, Biden, Sofia Guidi Di Sante, Wyoming Sen, John Barrasso, “ Joe, Barrasso, ____ McHugh, Choe Organizations: WASHINGTON, International Energy Agency, , Associated Press, Brent, Lipow Oil Associates, U.S . Energy Information Administration, Energy Department, American Petroleum Institute, Hudson Institute, Commerzbank, Oil, Rystad Energy, Republican, Senate Energy, Natural Resources Committee, Democratic, Keystone XL, Strategic Petroleum Reserve, The Energy Department, The Treasury Department, Treasury Locations: East, Israel, Saudi Arabia, Russia, China, Paris, Gaza, Iran, Houston, Hormuz, U.S, Europe, Washington, OPEC, Lebanon, Venezuela, The U.S, Wyoming, America, Frankfurt, Germany, New York
Now may be the time to shop for an office lease. As office vacancies soar to record highs in some markets, office landlords often have no choice but to find new and creative ways to attract new clients. "When you have 55-year-old managing partners of a law firm looking for office space, and they see the golf simulator, they get pretty excited," he said. Long-term leases, which usually feature landlord-financed renovations to the office space, are now being offered with lease-termination options. Office landlords without access to this capital level are often left with only one lever: renting below market price.
Persons: Michael Cohen, Michael Lirtzman, Anthony Tahlier, Andrew Lustgarten, Lirtzman, Sterling, Lustgarten, it's, Matt Petit, Goldman Sachs, Risa Letowsky, Letowsky, Watts, Tishman Speyer, aren't, That's, Cohen, they've, he's, hasn't Organizations: Colliers, Kastle Systems, West Chicago, Sterling Bay's, Century, El, New, Palm, Chase, Wall, JPMorgan, Deutsche Bank, Adler, Stachenfeld, Silverstein, Lawyer Locations: Chicago, Bian, Sterling, Los Angeles, New York, Miami, Liberty, Chase Manhattan, Alamo, CBRE, Los Angeles and New York, LA, United States
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