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☆ Ukraine drones attack multiple oil refineries in the campaign against Russia's strategic energy industry
▼ + stars: | 2024-03-17 | by ( Cameron Manley | ) www.businessinsider.com time to read: +5 min

Ukraine attacked another Russian oil refinery on Saturday night. AdvertisementA long week of attacks on oil and gas infrastructureThis past week, Ukraine has made a concerted effort to degrade Russia's oil production capabilities. The governor of Russia's Samara Oblast reported on March 16 that Ukrainian drones had attacked two Rosneft oil refineries. One attack had hit another major oil refinery operated by Lukoil in the southwestern Volgograd region. Similar incidents had occurred across Russia in January, hitting the Slavneft-Yanos oil refinery, an oil refinery in Tuapse, a storage facility in Klintsy, and a Baltic sea Ust-Luga terminal.

Persons: —, Ukrainska, Russia's, Andriy Yermak, Volodymyr Zelenskyy, Zelensky, Краснодарському кра РосВдео Organizations: Bloomberg, Service, Business, Astra, Ukrainska Pravda, Security Services, Security Service, Stringer, Anadolu Agency, Getty, Reuters, Staff, Lukoil, НПЗ Locations: Ukraine, Russian, Krasnodar, Moscow, Russia, Russia's Samara Oblast, Ryazan, Nizhny Novgorod, Leningrad, Lukoil's Norsi, Russia's Belgorod, Norsi, Ukrainian, Volgograd, Tuapse, Klintsy, Baltic

Harrison doesn’t have an overall diagnosis beyond being a French bulldog — an increasingly popular breed prone to health problems. While most patients pay out of pocket, AMC offers multiple initiatives to cover charity care, especially for rescue animals and working dogs. The price of veterinary services have increased in recent years because of inflation, but also because of advances in care. The same day Harrison visited the surgical suite, Lynx was brought in by a rescue group. “We get to take extraordinary care of rescue animals,” Spector said.

Persons: —, Harrison, ”, Daniel Spector, Harrison doesn’t, Grace Kim, Kiki, “, ” Spector, Spector, Jennie Anne Simson, Simson, we’ve, Helen Irving, Elaine, Kenneth Langone, Elaine Langone, they've, Emily McCobb, Kelly Hall, ” Irving, Kim Organizations: Animal Medical, AMC, Avian, Shepherd Fund, Buddy, Veterinary, Home Depot, Bucknell University, Cummings School of Veterinary Medicine, Tufts University, Colorado State University, Associated, Lilly Endowment Inc, AP Locations: New York City, French, Manhattan, Manhattan’s, anesthesiologists, Brooklyn, New York

☆ The cost of key US weapons like artillery shells for Ukraine is soaring
▼ + stars: | 2024-03-16 | by ( Michael Peck | ) www.businessinsider.com time to read: +6 min

The cost to maintain a weapon is more than twice the cost to build it, a GAO official said. Related storiesThe Army estimated that O&S costs for the Excalibur — first deployed in 2007 — had soared 183% since a baseline estimate in 2011. Still, all this does raise the question of whether higher maintenance costs for US military equipment at least partially result from problems with design and manufacturing. "We don't know the specific extent of O&S cost growth due to design problems or poor sustainment management," Maurer said. "In some respects, those problems could lower O&S costs because systems cannot fly, operate, or sail as often as planned.

Persons: —, Ukraine —, Diana Maurer, Maurer, Michael Peck Organizations: US Army, Service, GAO, DOD, Department of Defense, Army, Navy, Air Force, US Navy, Raytheon, YouTube, US, EA, Hornet, Navy Multiband, Tactical Mission, Warfighter, Pentagon, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Ukraine, China, Forbes

☆ Looking to sell your home? Here are 4 cheap or free things you can do boost its value and get a higher price, according to Zillow.
▼ + stars: | 2024-03-15 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

But there are still a few small things to consider before selling that could help you bump up your house's value even further. 4 things to boost your home's valueFirst, Pendleton said adding a fresh coat of interior paint can add value to your home. Dark gray outperformed white in every single room that we tested," Pendleton said. "So it is a really good option, even in the bedroom and the bathroom, if you feel like, 'Oh, dark gray is way too much for my kitchen.' She added: "I'm telling you, dark gray covers a lot of imperfections, and it feels modern.

Persons: You've, you've, it's, Amanda Pendleton, Pendleton, Zillow, Soapstone countertops, I'm Organizations: Business Locations: Zillow's, soapstone

☆ Home Depot will open four distribution centers as it looks to home pros to drive sales growth
▼ + stars: | 2024-03-14 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +4 min

Home Depot said Thursday that it will open four new distribution centers as it chases more sales from remodelers, contractors and other home professionals. Each facility averages approximately 500,000 square feet — about five times the size of the average Home Depot store. That gives Home Depot a lot of room to grow as it adds capabilities to handle pros' entire orders, he said. Home Depot is changing other aspects of its business to support pros who handle complex and pricey projects. He said Home Depot is trying to bring to the pro business what it once did to DIY — turn itself into a one-stop shop.

Persons: Chip Devine, Home Depot's, Devine, Ted Decker, You've Organizations: Home Depot, CNBC, Depot Locations: Detroit , Los Angeles, San Antonio, Toronto, Dallas

☆ Heirs Awarded Nazi-Looted Art Are Still Waiting, 17 Years Later
▼ + stars: | 2024-03-13 | by ( Nina Siegal | ) www.nytimes.com time to read: +1 min

In a museum storage depot in Amersfoort, the Netherlands, a 17th-century painting by a Dutch old master is packed away, unseen and unappreciated. Once the property of an elderly British-Jewish couple living in France, it was seized by Nazi collaborators during World War II and sold to Hermann Göring, Hitler’s second in command. Because of an administrative error in the war’s aftermath, it ended up in the Netherlands, where it was displayed in a museum for decades. The collectors heirs sought its return in 2006, and the country investigated the case and recommended restitution the following year. But the family still doesn’t have the painting back, and they don’t know when that will ever happen.

Persons: Hermann Göring, ”, Alain Monteagle Locations: Amersfoort, Netherlands, British, France, Nazi

GRUENHEIDE, Germany (AP) — Tesla CEO Elon Musk visited the electric car maker's first European plant Wednesday as production resumed at the factory just outside Berlin about a week after a suspected arson attack cut its power supply. Musk was expected at a “team huddle” with employees at the plant in the Gruenheide municipality, employee council chief Michaela Schmitz told regional broadcaster RBB's Inforadio channel. Production at Tesla’s plant in Gruenheide came to a standstill on Tuesday last week. The power outage came as environmental activists have been protesting in a forest near the plant against plans to expand the facility. That has drawn opposition from environmentalists and some other local groups, who also worry about possible effects on the area’s water supply.

Persons: — Tesla, Elon Musk, Musk, Michaela Schmitz, Schmitz, Tesla Organizations: RBB's, ” Authorities, Volcano Locations: GRUENHEIDE, Germany, Berlin, Gruenheide, Brandenburg

☆ How Georgia became America's green-manufacturing capital
▼ + stars: | 2024-03-13 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +14 min

Howey, now 30, grew up in northwestern Georgia near Dalton, a small city known as the "carpet capital of the world." SolarCycle, which reclaims old solar panels to make new ones, in February announced plans for a glass factory. The law authorized big tax credits for companies making renewable-energy technologies, including solar panels, batteries, and electric vehicles, in the US. According to S&P Global, the US imported more than two-thirds of its solar panels from Southeast Asia last year. When he sees solar panels atop the chargers, he feels pride in his job.

Persons: Robert Howey, Howey, he'd, Qcells, Catherine Boudreau, Joe Biden, Biden, Bob Keefe, Keefe, Gedia, Pat Wilson, Wilson, Brian Kemp, Benz, Dalton, Kemp, Heidi Popham, Popham, Donald Trump, Scott Moskowitz, Sen, Jon Ossoff of, Moskowitz, it's, Carl Campbell, Campbell, —, Whitfield, Jevin Jensen, Jensen, He's Organizations: US Navy, Business, Qcells, South, Hanwha, SK, Hyundai, Georgia Department of Economic, Gov, Porsche, Mercedes, SK On's, Financial Times, Georgia Northwestern Technical College, Treasury Department, P Global, Microsoft, Development Authority, Shaw Industries, Mohawk Industries, EV Locations: Georgia, Dalton, Japan, Cartersville, South Korea, Malaysia, North Carolina, China, Georgia , North Carolina, South Carolina, Savannah, Atlanta, Cartersville , Georgia, Germany, Commerce , Georgia, Southeast Asia, Korea, Jon Ossoff of Georgia, Washington, BloombergNEF, Vietnam, Whitfield County, ., Whitfield, Calhoun

CNN —Pro-Ukrainian groups of Russian fighters claimed to have launched cross-border attacks in two regions of Russia on Tuesday, hours after Kyiv fired a wave of drones at targets across the country. The group, comprising a few hundred battle-hardened, anti-Kremlin Russian volunteers fighting as part of Ukraine’s armed forces, also said it had destroyed an armored personnel carrier inside Russia. A separate pro-Ukrainian group of Russian fighters, the Siberian Battalion, wrote Tuesday on Telegram: “Well, we’re home at last. CNN has asked the Ukrainian Ministry of Defense for comment. The ministry also said its forces had killed 60 Ukrainian soldiers near Odnorobovka as they attempted to cross into Russia.

Persons: Russia Legion –, Russia –, ”, “ Organizations: CNN — Pro, Kyiv, Russia Legion, CNN, Kremlin Russian, Siberian Battalion, Russian Volunteer Corps, Ukrainian Ministry of Defense, for Russia Legion, Novosti, IL, RIA Locations: Russian, Russia, Ukraine, Tyotkino, Russia’s Kursk, Ukrainian, Odnorobovka, Ukraine’s Kharkiv, Nekhoteevka, Spodariushino, Belgorod, Kursk, Russia’s Belgorod, Moscow, Oryol, Leningrad, Bryansk, Tula, Oryol region, Glushkovsky, Ivanovo

☆ Trump claims he has 'never been a fan' of Ken Langone, Home Depot co-founder who backed Nikki Haley
▼ + stars: | 2024-03-11 | by ( Brian Schwartz | ) www.cnbc.com time to read: +1 min

Donald Trump claimed in an interview on CNBC that he had "never been a fan" of Home Depot co-founder Ken Langone, the billionaire investor who endorsed the former president's primary challenger, Nikki Haley. "Well, look, I've never been a fan of Ken," Trump said. Trump and Langone were in contact in 2020 during the coronavirus pandemic, according to archived records of the former president's schedule. In a separate interview in January, Langone said he would not support Trump if the former president were the Republican nominee. Langone co-founded Home Depot over 40 years ago, and he has a net worth of over $8 billion, according to Forbes.

Persons: Donald Trump, Ken Langone, Nikki Haley, Trump's, it's, Langone, I've, Ken, Trump Organizations: CNBC, Depot, Trump, Republican, Haley, PAC, South, GOP, Forbes, New York University Langone Health Locations: South Carolina

The Dells contributed nearly $976 million to their charitable funds, which distribute gifts to a wide array of charities. Together, the 50 donors on the list contributed a total of $11.9 billion to charity in 2023. Only 23 of the richest Americans on the Forbes 400 list donated enough to appear on the Philanthropy rankings. 13 on the list, they contributed $210 million to the Institute for Protein Innovation, which shares its data with scientists for free. _____Maria Di Mento is a senior reporter and Jim Rendon is a senior writer at the Chronicle of Philanthropy, where you can read the full article.

Persons: Michael Bloomberg, Phil Knight, Penny, Michael Dell, Susan, Bill Gates, Melinda French Gates, Bernie Marcus, Ken Langone, Arthur Blank, “, ”, Renee Kaplan, — Franklin Antonio, Hugh Hoffman, —, Tim Springer, Chafen Lu, Diego’s Jay Kahn, Lauder, Sergey Brin’s, Michael J, Robert Kraft, Lucia Woods, David, Kathleen LaCross, Pierre Omidyar, Pam, They’re, John, Laura Arnold, Laura, ” Laura Arnold, Wendy Schmidt, Eric Schmidt, “ Younger, Kaplan, Jeff Sobrato, _____ Maria Di Mento, Jim Rendon, Kay Dervishi Organizations: New, New York City, Nike, Bloomberg, Knights, University of Oregon, Dells, Forbes, Forward, Qualcomm, Summer Science, SETI Institute, ALS Association , University of Cincinnati Foundation, Cincinnati Zoo, Botanical, Nature Center, Yale University, Institute for Protein Innovation, Price Club, Apple, San Diego Foundation, Discovery Foundation, Google, Fox Foundation, Parkinson’s Research, New England Patriots, Foundation, Combat, Ms, Foundation for Women, Chicago Foundation for Women, University of Virginia Darden School of Business, eBay, District of Columbia, Associated Press, Philanthropy Locations: New York, Portland , Oregon, Ohio, Moderna, California, Florida, Texas, Virginia, Washington, Hawaii, Massachusetts

☆ Tour this $24 million mansion in Delray Beach, Florida, where home prices have doubled
▼ + stars: | 2024-03-04 | by ( Ray Parisi | ) www.cnbc.com time to read: +7 min

watch nowThe owners of this Florida mansion are asking for $24 million for their almost 11,500 square-foot residence inside one of the most expensive gated communities in Delray Beach, Florida. Over the past five years, the Delray Beach market has more than flourished — it has skyrocketed. "But Delray Beach is, without question, one of the region's premier luxury residential markets." An aerial view of the Rockybrook Estate in Delray Beach, Florida. Here's a look inside the 6 bedroom, 10 bathroom Villa Ananda:Aerial view of 9303 Hawk Shadow Lane in Delray Beach.

Persons: Villa Ananda, Daniel Petroni, Senada Adzem, Villa, Adzem, Steve Cohen, Khalil Mack, Gerry Smith, Romeo Santos, Antonio Neri, Neri, Rockybrook, Douglas Elliman, Krent Wieland, Inson Dubois, Liaigre Organizations: CNBC, Miami, Palm, National Football League, Hewlett Packard Enterprise, Adzem, HP Enterprise Locations: Florida, Delray Beach , Florida, Delray Beach, Manhattan , New York, Miami, Delray, Stone, South Florida, Italy's, Adzem

☆ A Gilded Age train station transformed into three cottages is on sale for less than $1 million. See inside.
▼ + stars: | 2024-03-03 | by ( Maria Noyen | ) www.businessinsider.com time to read: +1 min

The property on Old Depot Way is a slice of New York history, nestled into the countryside by a creek. Wappinger Creek, a waterway near the converted train station. This train station is positioned right by Wappinger Creek, "one of the top 10 trout streams in New York State," he said. Gilded Age folks arrived at the train station to escape the hustle and bustle of the city. But while Old Depot Way is still surrounded by nature, it isn't far from the outside world, Langa said.

Persons: Houlihan Lawrence, Langa, you've Locations: York, Langa, New York State

☆ 3 quiet luxury dupes that can transform your home for less, according to an interior designer
▼ + stars: | 2024-03-02 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +5 min

Less is more when it comes to quiet luxury, which has influenced everything from knitwear to skincare. This dupe of a Neiman Marcus throw pillow will save shoppers $120Neiman Marcus' Brera Lino Pillow. The company also sells Santal 26, a warm and musky fragrance sold as a home diffuser oil. Home Depot's frameless LED mirror. AdvertisementBed Bath & Beyond's frameless LED mirror.

Persons: —, Devin Shaffer, Shaffer, Neiman Marcus, Brera Lino Pillow, Modern's, Edgar, Le Labo, Le Labo Shaffer, Le Labo's, Cade, Dupes Organizations: Service, Business, Brera, Le, Depot Locations: eau, New, Fairmont

☆ This dividend strategy is swapping out a chip stock winner for Starbucks. Here's why
▼ + stars: | 2024-03-01 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

Dividend-focused investors should look to switch out a hot chip stock for a slumping consumer play after the latest market rally, according to Morgan Stanley Wealth Management. Coffee chain Starbucks is joining the model portfolio, while red-hot Broadcom is on the way out. Starbucks has been battling rising labor costs in the U.S. and weak demand in China, a key international market. The addition of Starbucks helps bolster the consumer discretionary part of the Morgan Stanley Wealth Management model portfolio. The dividend yield for AVGO is 1.6% even after the company announced a dividend hike in December.

Persons: Morgan, Daniel Skelly, Skelly, SBUX, Laxman Narasimhan, Narasimhan, it's, — CNBC's Michael Bloom Organizations: Morgan Stanley Wealth Management, Broadcom, Starbucks, Morgan Locations: U.S, China

☆ Cybertruck reviews are in, and the complaints are just as unique as Tesla's truck itself
▼ + stars: | 2024-02-29 | by ( Nora Naughton | ) www.businessinsider.com time to read: +3 min

Reviews for the Tesla Cybertruck are positive — so far. AdvertisementOfficial reviews for Tesla's Cybertruck are rolling in, and so far, the hulking stainless steel truck is largely living up to the hype. The complaints, much like the truck itself, are rather unique compared to a typical pickup-truck review. "You'll need thick skin if you own one, especially if you post photos of it online where the trolls are especially toxic," Elliot wrote. AdvertisementHave you driven the Tesla Cybertruck yet?

Persons: —, Tesla's, hangups, there's, Hannah Elliot, WSJ's Dan Neil, Neil, 4x4s, Elliot Organizations: Tesla, Service, Bloomberg Locations: Hollywood

☆ S&P on pace to score fourth month of consecutive gains. History tells us what could come next
▼ + stars: | 2024-02-29 | by ( Bob Pisani | ) www.cnbc.com time to read: +3 min

The S & P 500 is ending February with a gain of almost 5%. S & P 500: Four big months November: up 8.9% December: up 4.4% January: up 1.6% February: up 4.6% The November gain of 8.9% was one of the 20 best monthly performances in history. The S & P has advanced about 5% since passing the old January 2022 historic high, which it crossed on Jan. 19, this year. Put another way: the S & P has recovered all the bear market losses from the old high in January 2022 to the bear market bottom in October 2022, and added another 5%. "Yet it also offers encouragement that no post-recovery selloff saw the start of a new bear market before rebounding and proceeding onto additional new highs."

Persons: Steve Starker, Todd Sohn, Eli Lilly, Nicholas Colas, Sam Stovall Organizations: Nvidia, P, Technology, Services, Care, Broadcom, Communication Services, Meta, Health Care, Merck, Depot, Costco, JPMorgan, Mastercard, Berkshire Hathaway, Research Locations: BTIG

☆ Lowe's average customer is a white baby boomer who spent $809 there last year
▼ + stars: | 2024-02-28 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +2 min

The store's typical customer is a more rural baby boomer who earns $60K a year and owns her home. But which of those millions of shoppers is the "typical" Lowe's shopper? In addition to taking on Home Depot, Lowe's is looking to win over customers from outdoor lifestyle retailer Tractor Supply Co. with a push into smaller-format rural stores. Lowe's shoppers have dialed back in recent months, but the company said a few are still splurging on its offerings of high-tech, futuristic appliances at price points of $2,500 or more. The typical customer earns between $40,000 and $80,000 a year and now makes nine trips to Lowe's, spending about $90 per trip for an annual total of $809.

Persons: Lowe's, boomer, — Organizations: Service, Tractor Supply, Home Locations: North America, Wilkesboro , North Carolina, Lowe's

☆ Jim Cramer explains why it's important to look for nuance during earnings season
▼ + stars: | 2024-02-28 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer reflected on the earnings season so far, saying investors shouldn't judge stocks based purely on figures from a financial report. he said, referring to earnings season. But comments from CEO Ted Decker about the home improvement giant's inventory made Cramer optimistic. Cramer predicted that TJX would see success despite less-than-ideal earnings where management issued light guidance. "I have no illusions about this issue — It's extremely unlikely that the headline process will actually change," Cramer said.

Persons: CNBC's Jim Cramer, It's, it's, Cramer, Ted Decker, Decker, Lowe's, Marvin Ellison, Ellison Organizations: CNBC

☆ Stories around Home Depot and Lowe's earnings failed to include nuance, says Jim Cramer
▼ + stars: | 2024-02-28 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStories around Home Depot and Lowe's earnings failed to include nuance, says Jim Cramer'Mad Money' host Jim Cramer takes a look at recent headlines around earnings and why he thinks there needs to be a change.

Persons: Jim Cramer

☆ Some shoppers are spending big money on 'craft ice' fridges and high-tech washing machines, Lowe's exec says
▼ + stars: | 2024-02-27 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +3 min

While most shoppers are more budget-conscious, Lowe's execs say some are spending big on appliances. One smart LG fridge that makes "craft ice" is a "top-seller despite retailing for over $2,500," one exec said. This fridge makes really nice ice. Lowe'sIndeed, one model in the LG line that makes the fancy ice has a list price of a whopping $4,299. "They're not afraid to invest in, for example, the GE Profile all-in-one washer-dryer combination that retails for over $2,500," Boltz said.

Persons: —, Lowe's, Marvin Ellison, They're, Bill Boltz, that's, Boltz, Katie Notopoulos, Notopoulos Organizations: LG, Service, Home Depot, GE, Wall Street Journal

☆ Norfolk Southern proxy fight draws heavyweight politicians and regulatory scrutiny a year after derailment
▼ + stars: | 2024-02-27 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +12 min

Norfolk Southern' has underperformed both its peers and the broader market over the last year. Norfolk Southern responded on Monday, rejecting that slate and announcing it would nominate former Amtrak CEO Richard Anderson and former U.S. For Ancora, which has a successful track record as an activist investor, the proxy fight at Norfolk Southern would be its largest ever. EdgePoint controlled 3.4 million Norfolk Southern shares as of Dec. 31, or about 1.5% of shares outstanding. Norfolk Southern has yet to set a date for the annual shareholder meeting.

Persons: Alan Shaw, Norfolk Southern Scott Mlyn, John Kasich, Donald Trump, Ancora, Shaw, Jim Barber, Jamie Boychuk, Richard Anderson, North Dakota Heidi Heitkamp, Heitkamp, Anderson, Frank Blake, Matt Freed, Joe Biden, Biden, Trump, it's, there's, Ancora's, Hunter Harrison, Norfolk Southern, Martin Oberman, Oberman, Amit Bose, Bose, Jim Chadwick, Chadwick, Ancora beneficially, Barber, Boychuk, Harrison, Mandel Ngan, Ancora's Chadwick, Amy Miles, Miles, Claude Mongeau, CNBC's Leslie Picker, Heidi Heitkamp Organizations: Norfolk Southern, CNBC, Norfolk, Ancora Advisors, EdgePoint Investment Group, Republican, Amtrak, Delta Airlines, Cargill, Home Depot, U.S, Energy, Workers, East, Trump, Biden, Southern, PSR, Federal Railroad Administration, Surface Transportation, Federal, UPS, Teamsters, Canadian, . Norfolk Southern, CSX, Deutsche Bank, AFP, Getty Locations: Norfolk Southern, East Palestine , Ohio, Ohio, Norfolk, North Dakota, Medtronic, East Palestine, Cleveland, Ancora

☆ Lowe's beats earnings estimates as sales fall — and the company expects revenue to slide again this year
▼ + stars: | 2024-02-27 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +2 min

Lowe's on Tuesday beat Wall Street's quarterly earnings and revenue estimates, even as the company continued to see customers tackle fewer home projects. It said it expects total sales of between $84 billion and $85 billion, which would be a drop from $86.38 billion in fiscal 2023. It anticipates comparable sales will decline between 2% and 3% compared with the prior year, and expects earnings per share of approximately $12 to $12.30. Excluding the costs associated with Lowe's sale of its Canadian retail business, earnings per share were $2.28. During the fourth quarter, Lowe's spent $404 million on share buybacks and paid $633 million in dividends.

Persons: Marvin Ellison, Lowe's, Wall Organizations: LSEG, CNBC PRO Locations: Bloomsburg, Lowe's

☆ Palo Alto rises while Alphabet sinks — plus the latest on Wells Fargo, Broadcom and Apple
▼ + stars: | 2024-02-26 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Wells Fargo speaks: Shares of Wells Fargo made a new 52-week high earlier before giving back its gains as part of the broader market dip. 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 . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Stocks, OpenAI's, Ben Reitzes, Wells Fargo, Wells, Michael Santomassimo, Santomassimo, Cramer, that's, we'll, Decker, Jim, Jim Cramer's, Sundar Pichai, David Paul Morris Organizations: CNBC, Palo Alto Networks, UnitedHealth, Healthcare, Melius Research, Microsoft, Nvidia, UBS Financial Services Conference, Broadcom, VMware, KKR, Home, Stanley Black, Jim Cramer's Charitable, Allen, Co . Media, Technology Conference, Bloomberg, Getty Locations: Palo, Melius, Wells Fargo, Sun Valley , Idaho

☆ Albert Einstein College of Medicine to offer free tuition after billion-dollar gift
▼ + stars: | 2024-02-26 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +4 min

New York CNN —Students at the Albert Einstein College of Medicine in New York will receive free tuition after a $1 billion dollar donation from a former faculty member. In 2010, their gift of $25 million to the Albert Einstein College of Medicine went towards creating the school’s Institute for Stem Cell Research and Regenerative Medicine. Professor Emerita of Pediatrics at Albert Einstein College of Medicine and The Lizette H. Sarnoff Award recipient Ruth L. Gottesman, Ed.D. Brent N. Clarke/Getty ImagesDr. Ruth Gottesman joined the medical school in 1968 and developed screening, evaluation and treatments for children with learning disabilities. In 2018, in part due to Langone’s donations, NYU’s School of Medicine became the first medical school in the country to offer free tuition to accepted students.

Persons: Ruth Gottesman, David “ Sandy ” Gottesman, Berkshire Hathaway, Warren Buffett, Philip Ozuah, Sandy Gottesman, “, Sandy, ”, H, Sarnoff, Ruth L, Brent N, Clarke, Emily Fisher Landau, Ruth Gottesman’s, Michael Bloomberg, Ken Langone, Yaron Tomer, Albert Einstein Organizations: New, New York CNN, Albert Einstein College of Medicine, Montefiore Medicine, Manhattan Co, school’s, Stem Cell Research, Regenerative, Sinai, Pediatrics, Rehabilitation Center, Emily Fisher Landau Center, Johns Hopkins University, Home Depot, NYU’s School of Medicine, Association of American Medical Colleges, ” Locations: New York, Berkshire, Manhattan, New York City, Bronx

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