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In southwestern Oregon, semi trucks loaded with logs snake along roads through dark, lush forests of Douglas fir. The logging industry has shaped and sustained families here for generations. A steady demand for lumber and a lack of other well-paying jobs in rural parts of the state have made logging one of the most promising career paths. It also comes with grave risk. A glossary of logging terms includes an entry for the term for heavy broken branches that can fall without warning: widowmakers.
Locations: Oregon, Douglas
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEquities are in a 'sweet spot' for the next couple of years, says Laffer Tengler CEO Nancy TenglerNancy Tengler, Laffer Tengler Investments CIO and CEO, join 'Power Lunch' to discuss the market's breadth, Tengler's international exposure, and more.
Persons: Laffer, Nancy Tengler Nancy Tengler Organizations: Tengler
In today's big story, billionaire Ken Griffin has some advice for President-elect Donald Trump, including a suggestion for his Treasury pick . While speaking Thursday at the Economic Club of New York, Griffin said he appreciates the importance of those issues to Americans but said aggressive tactics to address them could make things work. Griffin is one of the biggest donors to the Republican Party, but declined to publicly endorse either presidential candidate this year. AdvertisementModeration hasn't been the name of the game for Trump with some of his proposed policies. AdvertisementHe said he'd be open to selling a minority stake in his hedge fund to the right partner.
Persons: it's, Ken Griffin, Donald Trump, Trump Ken Griffin, Mike Blake, Insider's Bradley Saacks, Michelle Abrego, Griffin, Manny Roman, Trump, Marc Rowan, Rowan, Alexander Tamargo, Thoma Bravo Griffin, he'd, Zalubowski, Chelsea Jia Feng, Elon, Paul, Tyson, Megyn Kelly, Tucker Carlson Ron Antonelli, Chip Somodevilla, Rebecca Zisser, Tucker Carlson, Bari Weiss, BI's Peter Kafka, Chris Balfe, Ridley Scott's, You've, Dan DeFrancesco, Jack Sommers, Grace Lett, Ella Hopkins, Amanda Yen, Milan Sehmbi Organizations: Business, Treasury, Trump, Citadel, Milken, Global Conference, Reuters, Economic, of New, Republican Party, Citadel Securities, Sequoia, Millennium Management, BlackRock, Chelsea, Getty, Netflix, Bank of America, NY Daily, Fox News, Auto, Ford, GM, Volkswagen Locations: Beverly Hills , California, U.S, of New York, Montreal, New York, London, Chicago
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow SpaceX, Tesla, xAI and X may benefit from Elon Musk's position as head of government efficiencyAs head of the Department of Government Efficiency, Elon Musk has promised to slash $2 trillion from the federal budget. One way he's suggested doing this is by consolidating some of the country's over 400 federal agencies, many of which regulate his companies.
Persons: Elon Musk, he's Organizations: Tesla, Elon Musk's, Department of Government Efficiency
Prosecutors said four of his associates discussed their share of the bribes via Excel and PowerPoint. New York prosecutors charging one of India's richest men with bribery said his associates used Microsoft Excel and PowerPoint to discuss and analyze their corrupt payments. AdvertisementThe Adani Group and attorneys for the other defendants did not respond to requests for comment from BI. Prosecutors said that during this period, the Adani Group falsely told investors at least four times that it had not paid bribes. AdvertisementIn a statement on its website on Thursday, the Adani Group said the prosecution's accusations are "baseless and denied."
Persons: Gautam Adani, Prosecutors, Adani, Sam Bankman, Sagar Adani, Vneet Jaain, Rupesh Agarwal, Agarwal, Cyril Cabanes, Sagar Organizations: Excel, New, Microsoft, Adani, Energy, Power, Prosecutors, New York Stock Exchange, Eastern, of, Adani Group, US Department of Justice, Adani Enterprises, SEC, Wednesday Locations: New York, India, of New York, British, Hong Kong, Indian
The Spartanburg, South Carolina, company is recalling more than 72,000 pounds of meat and poultry products because of possible listeria contamination. All ready-to-eat products produced before October 28 are included, the US Department of Agriculture’s Food Safety and Inspection Service says. Anyone who has these recalled products should not eat them. Listeria bacteria causes listeriosis, the third leading cause of death from foodborne illness in the United States. If you develop these symptoms and may have eaten recalled products, get medical care right away.
Persons: Shang, monocytogenes, , “ Listeria, Dr, Sanjay Gupta Organizations: CNN, Shang Food Inc, US Centers for Disease Control, US Department of Agriculture’s, Service, Food Safety, Inspection Service, CDC, , CNN Health Locations: Spartanburg, South Carolina, California, Illinois, New York, New Jersey, United States
The Far East Shopping Center on Orchard Road in Singapore, on Thursday, April 11, 2024. Bloomberg | Bloomberg | Getty ImagesThe Far East Shopping Center along Singapore's Orchard Road has seen better days. Orchard Road, Singapore's main shopping street, is 2.2 km (1.3 miles) long but much of the activity takes place in the middle of the stretch as well as at selected malls linked via underground walkways to subway stations. Far East Shopping Center isn't connected to Orchard MRT unlike several of its neighbors. Two of the properties, the voco Orchard hotel and Forum The Shopping Mall, share some 180 meters of frontage along Orchard Road.
Persons: Ong Beng Seng, hasn't, CDL, Singapore's URA, URA, Richard Goh, Rasa Singapura, Sukanto Tanoto, Du Shuanghua, Jeremy Lake Organizations: Shopping, Bloomberg, Getty, Shopping Center, Singapore Botanic Gardens, Urban Redevelopment, Properties, Singapore, Developments, CDL Hospitality, Arts, CNBC, Singapore Botanic, Pacific Eagle, Food, Savills Singapore, Concorde Locations: Orchard, Singapore, Delfi Orchard, Istana Park, Canning, HPL
Why some U.S. companies are scaling back DEI programs
  + stars: | 2024-11-22 | by ( Delon Thornton | ) www.cnbc.com   time to read: +1 min
Donald Trump's election has left some concerned that his policies could harm diversity, equity and inclusion initiatives, especially given some of his outspoken Cabinet picks and his interest in potentially dismantling the Department of Education. Though some companies are pulling back, many still view DEI as essential. DEI became a top priority for U.S. companies after the 2020 protests following George Floyd's murder. But in the past couple of years, some of these same companies like Google, Meta , Lowe's and Ford have scaled back their DEI initiatives, citing political pressure, high costs and economic uncertainty. Watch the video above to find out more about why some companies are pulling back from DEI initiatives.
Persons: Donald Trump's, Mary, Frances Winters, George Floyd's Organizations: of Education, The, Companies, Harvard Kennedy School, Fortune, McKinsey Institute, Google, Ford
New York CNN —The aftermath of the 2024 US presidential election has been a boon to Elon Musk. The richest person in the world got even richer Friday, with Musk’s net worth hitting a record $347.8 billion, Bloomberg reported. That beats his previous record set in November 2021, when the Tesla founder’s net worth exceeded $340 billion, according to the Bloomberg Billionaires Index. Musk, Tesla’s largest individual shareholder, is roughly $83 billion richer since Election Day, according to the Bloomberg Billionaires Index. As of Tuesday, Musk was more than $100 billion richer than the second richest person, Amazon founder Jeff Bezos.
Persons: Elon Musk, Trump, Donald Trump, Musk, Tesla, Vivek Ramaswamy, , Jeff Bezos, CNN’s Allison Morrow Organizations: New, New York CNN, Bloomberg, Tesla, SpaceX, Boring Company, “ Department, Government Efficiency, Wall Street Locations: New York
But times have changed and many royal residences are getting into the holiday spirit by opening their doors to the public for a range of festive events. And this winter there are exclusive guided tours at Buckingham Palace, Windsor Castle and the Palace of Holyroodhouse. Here is our selection of Christmas offerings fit for a monarch:The Sandringham EstateThe Sandringham Estate is in Norfolk, eastern England. There’s also a Christmas tree maze and a new tree house this year, plus marshmallow-toasting by the firepits. Historic Royal PalacesAt Hillsborough Castle, Northern Ireland’s royal residence, the 100-acre gardens are putting on an after-dark winter trail inspired by the 12 Days of Christmas.
Persons: King Charles, Queen Victoria, Prince Albert –, King Charles ’, Prince Harry, Meghan Markle’s, Queen Elizabeth II, George’s, Queen Mary, Scotland David Cheskin, Santa Claus, Mary , Queen of, you’re, Lottie Longman, Robin, You’ll, London James Linsell, Princess Victoria’s, Palaces Henry VIII, you’ll, Henry, Warders, England, Henry VIII – Organizations: CNN, Sandringham Estate, Robin Chapel Choir, Hillsborough, Northern Ireland ., Palaces, Northern, London . Historic Locations: Buckingham Palace, Balmoral, Palace, Windsor, Holyroodhouse, Sandringham, Norfolk, England, Sandringham Estate Sandringham, Windsor Castle, London, St, Edinburgh, Scotland, Santa, Belfast, Northern Ireland, Hillsborough Castle , Northern, Kensington, Hampton, Richmond, Thames
AdvertisementElon Musk reignited his long-running feud with Jeff Bezos in an X post on Thursday. Musk said Bezos told people they should sell Tesla and SpaceX stock because Donald Trump would lose. Bezos said Musk's claim was "100% not true," to which Musk replied, "I stand corrected." XBusiness Insider was unable to confirm the veracity of Musk's post. AdvertisementNovember 22, 2024: This story has been updated to include Bezos' response to Musk's Thursday X post, and Musk's response to Bezos.
Persons: Elon Musk, Jeff Bezos, Musk, Bezos, Donald Trump, Trump, wasn't, he'd, Musk's, Tesla, SpaceX isn't, Thomas Roulet, Elon, Bill Gates, Gates Organizations: SpaceX, X, Mar, Department of Government, Amazon, Trump, Tech, Bloomberg, University of Cambridge, Twitter, Microsoft Locations: Trump's Florida, China
AdvertisementJPMorgan tech exec Teresa Heitsenrether talked about the bank's ongoing adoption of generative AI. And it certainly has helped with that," Heitsenrether, who is responsible for executing the bank's generative AI strategy, told a conference in New York on Thursday. AdvertisementDimon himself is a "tremendous user," she said, and is waiting for the ability to use the bank's tools on his phone. JPMorgan, America's largest bank, has now rolled out the LLM Suite, a generative AI assistant, to 200,000 of its employees. The wealth and asset management arm was the first division to use generative AI, piloting a generative AI "copilot" for its private bank this summer.
Persons: Teresa Heitsenrether, Heitsenrether, it's, Jamie Dimon, Dimon, He's, Keri Smith, What's, she'll, Sumitra Ganesh, Ganesh Organizations: JPMorgan, Accenture Locations: New York
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Jim Cramer pointed out that the speculative trade is on — as investors pile into riskier bets. To be sure, JPMorgan does see Trump tariff risk for Best Buy since lots of electronics are made in China. 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 .
Persons: Jim Cramer, Jim, CrowdStrike, Wells, Stocks, Jim Cramer's Organizations: CNBC, Nvidia, JPMorgan, Club, Palo Alto Networks, Ross, PepsiCo Locations: China, Abbvie
AdvertisementJaguar defended its rebranding campaign after online critics roasted a promotional video. The campaign, featuring models and no cars, was criticized as "woke." Jaguar's managing director is defending the British luxury-car maker's rebranding campaign — calling out some of its online critics and characterizing their reaction as "vile hatred" and "intolerance." (Most 2024 Jaguar models have list prices of about $50,000 to $80,000.) In response to the video posted on X by Jaguar, Musk wrote : "Do you sell cars?"
Persons: Jaguar's, Rawdon Glover, Brad Audet, , Glover, India's Tata, Elon Musk, Andrew, Tristan Tate, Ian Miles Cheong, Musk, Nick Freitas, Bud Light, Bud, it's Organizations: Financial Times, Mazda, North America, Jaguar, Rover, Land Rover, India's, India's Tata Motors, Tesla, Republican, Delegates Locations: Virginia
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'A lot of room to go' before Google antitrust case is decided, says BofA's Justin PostJustin Post, BofA Securities senior internet technology analyst, joins CNBC's Kate Rooney and Deidre Bosa on 'The Exchange' to discuss the AI landscape, Google's antitrust scrutiny, and more.
Persons: BofA's Justin, Justin Post, Kate Rooney, Deidre Organizations: BofA Securities
Jr. is a lot smaller than between them and most of the people Trump or the Republicans are naming. Who would have thought Trump would name a pro-choice Health and Human Services secretary? I want an Operation Warp Speed — for everything. Operation Warp Speed to me was the one policy you simply could not deny that Donald Trump got right. That is the one policy Trump is razing to the ground and disowning, salting the earth over.
Persons: Matt Gaetz, Robert F, Kennedy Jr, Donald Trump’s, R.F.K ., Trump, Donald Trump Organizations: Department of Health, Human Services, R.F.K, Democrat, Democratic Party Locations: H.H.S
Mr. Kennedy has not said he will limit access to Ozempic or other drugs. He did not reply to requests for comment about what he may do as secretary of health and human services. Can a health secretary reverse a drug’s approval? The Food and Drug Administration is part of the Health and Human Services Department, but the secretary does not directly approve drugs. Any attempt to withdraw the approval of the obesity drugs would have to be initiated by the F.D.A.
Persons: Robert F, Kennedy Jr, , Greg Gutfeld, Donald J, Trump, Kennedy Organizations: Fox News, Novo Nordisk, of Health, Human Services, Drug Administration, Health, Human Services Department
Never has a chess world championship titleholder seemed as vulnerable. On Monday, Ding Liren, the reigning world champion, will begin a match in Singapore to defend the title against the 18-year-old player Gukesh Dommaraju. His results were far below his previous level and also below the level of what might be expected of a world champion. A month later, in a Chess 960 tournament in Germany, he lost 10 of 13 games. (Chess 960 is a variant in which the pieces on the back ranks are shuffled into one of 960 possible starting configurations.)
Persons: Ding Liren, Gukesh, Ding, Ian Nepomniachtchi Locations: Singapore, China, Netherlands, Germany
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt's been a wild couple of weeks for stocks with no reckoning, says Jim Cramer'Mad Money' host Jim Cramer looks at next week's market moving moments.
Persons: Jim Cramer
X's new terms of service, which took effect Nov. 15, are driving some users off Elon Musk's microblogging platform. The terms are prompting some longtime users of the service, both celebrities and everyday people, to post that they are taking their content to other platforms. Although Musk said in May that X has 600 million monthly users, market intelligence firm Sensor Tower estimates X had 318 million monthly users as of October. That same month, Meta said Threads had nearly 275 million monthly users. Here are some of the noteworthy changes in X's new service terms and how they compare with those of rivals Bluesky and Threads.
Persons: Gabrielle Union, Donald Trump, Musk, Meta, Bluesky Organizations: Elon Musk's, Twitter, Bluesky's, CNBC Locations: Bluesky, Bluesky's U.S
Covid Can Raise the Risk of Heart Problems for Years
  + stars: | 2024-11-22 | by ( Nina Agrawal | ) www.nytimes.com   time to read: +1 min
Since nearly the start of the pandemic, scientists have known that a Covid-19 infection increases the risk of heart problems. A growing body of research now suggests that this risk can last until well after the infection has cleared. What’s more, the study found that infections severe enough to require hospitalization increased the likelihood of cardiac events as much as — or more than — having previously had a heart attack did. “A lot of people are at even greater risk of heart attack than they were before,” said Dr. David Goff, director for the cardiovascular sciences division at the National Heart, Lung and Blood Institute, which provided funding for the study. So this is really concerning.”Given the volume of evidence now linking Covid-19 to heart inflammation, heart failure, arrhythmia and other cardiovascular issues, experts said, doctors should be taking a closer look at patients’ Covid history.
Persons: What’s, , David Goff Organizations: University of Southern, Cleveland Clinic, Blood Institute Locations: University of Southern California, Covid
Bringing people together, showing determination and being a good listener are some of the qualities younger generations look for in leaders. That's according to Generation Z and millennial participants at the One Young World summit in Montreal, Canada. "People go through so much and yet their achievements are so much greater than everything that they've ever been through," she said. While some leaders "aren't really always driven by good intentions," according to Whisky, even those with differing views can "sit in the same room." Hunter is part of the Northern Irish Education Committee, in a role that she said contributes to building a peaceful society in the region.
Persons: Sue Whisky, CNBC's Tania Bryer, aren't, Cara Hunter, Hunter Organizations: Environmental Network Malawi, Northern, Northern Ireland Assembly, East Londonderry, Northern Irish Education Committee Locations: Montreal, Canada, Northern Irish, East
The browser would be integrated with ChatGPT, according to the report. OpenAI is eyeing two territories that have long been dominated by Google, according to a report from The Information: web browsing and search. As of August, Google Chrome held about 65% of the global web browser market share, according to Statista, a data analytics firm. And as of January, Google Search accounted for about 82% of the global search engine market share. OpenAI already has positioned ChatGPT as a search engine rival with the release of ChatGPT search in October.
Persons: OpenAI's ChatGPT, OpenAI, Ben Goodger, Department's Organizations: ChatGPT, Google, Chrome, DOJ
This isn't the first time I've received travel credit in exchange for taking a later flight — and it happens more often than you might think. How to get travel credit or compensation for giving up your seatPeak travel season often coincides with flight snafus from inclement weather or mechanical issues. If your schedule can accommodate a spontaneous change of plans, here's what you should know about volunteering for travel credit. AdvertisementUnderstanding bumping and denied boardingOperating a commercial flight is expensive, so most airlines slightly oversell each flight to compensate for no-shows and last-minute cancellations. You'll get the fastest response if you include your date(s) of travel, flight number(s), full contact information, and airline frequent flyer number.
Persons: I'm, I've, you'll, It's, you've, You'll Organizations: American Airlines, Department of Transportation, Aviation, Airlines Locations: New Orleans, Austin, Italy, U.S
Top 10 S&P 500 stock winners since Election Day
  + stars: | 2024-11-22 | by ( Greg Iacurci | ) www.cnbc.com   time to read: +4 min
Michael M. Santiago | Getty Images News | Getty ImagesMany large U.S. companies have seen their stocks swell since the presidential election. The top 10 performing stocks in the S&P 500 index saw returns of 18% or more since Election Day, according to data provided by S&P Global Market Intelligence, which analyzed returns based on closing prices from Nov. 5 to Nov. 20. The 'Elon Musk premium'And then there's the Elon Musk factor. Tesla's stock got an "Elon Musk premium" from Trump's victory, said Goldberg of Professional Advisory Services. Shares of the electric-vehicle maker soared 14% the day after the election and almost 30% by week's end.
Persons: Michael M, Elon Musk, Donald Trump —, Jeremy Goldberg, Goldberg, Jacob Manoukian, Rosy, outperformance, David Glazer, Paul Moseley, Vistra, Stacey Doré, Elon, Trump, Donald Trump, Chris Unger Organizations: New York Stock Exchange, Santiago, Getty, P Global Market Intelligence, Professional Advisory Services, Inc, Trump, Deregulation, Morgan Private Bank, Companies, Warner Bros ., Max, Disney, Walt Disney Co, Palantir Technologies, Fort Worth Data, Fort Worth Star, Tribune, Service, Vistra Corp, Tech, Elon, Professional Advisory Services ., of Government, week's, UFC, Madison, Garden, Ufc Locations: U.S, Texas, , Texas , Pennsylvania, Ohio, New York
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