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☆ US government begins preparations for a partial shutdown with one week until deadline – despite agreement
▼ + stars: | 2024-09-23 | by ( Betsy Klein | Tami Luhby | ) edition.cnn.com time to read: +6 min

That standard guidance will be circulated Monday, seven days before a shutdown could occur. Should lawmakers fail to pass a funding bill, millions of federal workers and military personnel would be affected by a shutdown. Another 1.4 million federal employees may have to work without pay, though some of these positions are funded through resources other than annual appropriations, she said. All federal employees are guaranteed back pay, though contractors are not. Even the threat of a shutdown can disrupt the lives of federal employees, who could have to forgo their paychecks.

Persons: Mike Johnson, shutdowns, Rachel Snyderman, Snyderman, “, ”, Donald Trump, Trump, Chuck Schumer, aren’t, ” Doreen Greenwald, Everett Kelley, Joe Biden Organizations: Washington CNN, Louisiana Republican, Democratic, CNN, “, OMB, White, Management, Senate, Center, SAVE, GOP, noncitizens, Representatives, Social Security, National Treasury Employees Union, American Federation of Government Employees, District of Columbia Locations: Louisiana

"Ultimately shirking fiduciary responsibility to employees, consumers, and shareholders." Twenty civil rights organizations sent a letter Thursday to Fortune 1000 companies calling for them to recommit to diversity, equity and inclusion, after several major companies scaled back their efforts. She emphasized that LGBTQ+ consumers have $1.4 trillion of buying power, as reported by the National LGBT Chamber of Commerce. But a small, well-funded, and extreme group of right-wing activists is attempting to pressure companies into abandoning their DEI programs. Abandoning DEI will have long-term consequences on business success -- ultimately shirking fiduciary responsibility to employees, consumers, and shareholders.

Persons: Bill Ackman, Molson Coors, Harley Davidson, George Floyd, Forman, Kelley Robinson, CNBC's, Robinson, Brown, Lowe's, John Deere, Harley, Davidson, Edelman Organizations: National Action Network, Molson, Ford, Tractor Supply, Human Rights, HRC, Brown, National LGBT Chamber of Commerce, Molson Coors, . Tractor Supply, Companies, McKinsey & Company, Pew Locations: New York City, Rural, United States

☆ DEI rollbacks are short-sighted and wrong for businesses: Human Rights Campaign President Robinson
▼ + stars: | 2024-09-12 | 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 EmailDEI rollbacks are short-sighted and wrong for businesses: Human Rights Campaign President RobinsonKelley Robinson, Human Rights Campaign president, joins 'Squawk Box' to discuss the DEI policy rollbacks, what's happening at the companies that are deciding to walk back their DEI policies, and much more.

Persons: Robinson Kelley Robinson Organizations: Human Rights

☆ Apple turning AirPods into hearing aids underscores effort to crack massive health market
▼ + stars: | 2024-09-12 | by ( Kif Leswing | ) www.cnbc.com time to read: +2 min

Apple announced on Monday that its AirPods Pro 2 headphones will become an FDA-cleared hearing aid in the coming weeks through a software update. Apple CEO Tim Cook has highlighted health features as the company's "most important contribution to mankind." The new feature is a free software update for some AirPods models and will be included with Apple's $249 AirPods Pro 2. Many over-the-counter hearing aids are much more expensive, according to buyers guides cited by the Hearing Loss Association of America, an advocacy group. Analysts say that adding health features like a hearing aid expands the market for the device, which could help sales.

Persons: Sumbul Desai, Tim Cook, Barbara Kelley, Apple, Gene Munster Organizations: AirPods, Apple, FDA, Food and Drug Administration, RBC Capital Markets, of America, Analysts, Asset Management

☆ TV shows face a cutthroat new era
▼ + stars: | 2024-09-12 | by ( Lucia Moses | ) www.businessinsider.com time to read: +6 min

To hear agents, lawyers, and producers tell it, the Hollywood they're going back to is more risk-averse than ever. Think of the "Suits LA" spinoff of the USA Networks show that was popularized by Netflix, and shows with big stars attached to them. Even big stars are getting slightedThere's an overall feeling that Hollywood has become too risk-averse. But in the meantime, the dearth of shows being ordered will take its toll on Hollywood. "There's just some people who are not going to be able to survive this dark period," a second lawyer said.

Persons: —, it's, ProdPro, David Zaslav, Jennifer Salke, bankable, Elle Fanning, Nicole Kidman, David E, Kelley, Bill Dubuque, Comcast's Peacock, Jake Gyllenhaal, Kathy Bates, There's, Jonathan Glickman Organizations: Service, Hollywood, Netflix, USA Networks, Business, Warner Bros . Discovery, Amazon MGM Studios, Apple, Netflix . Media, Disney, CBS, Industry, Producers, Miramax Locations: Hollywood

☆ Small business owners could be poised for a 1990s-like boom
▼ + stars: | 2024-09-11 | by ( John Towfighi | ) www.businessinsider.com time to read: +6 min

This has spiked the interest rates small business owners are paying on new mortgages, credit, and loans. Related storiesPowell said that small business owners are poised to benefit regardless of the size of the cut and should remain hopeful about future growth. According to the National Federation of Independent Businesses, small business confidence dipped in August. AdvertisementHe said small businesses tend to be more credit-constrained, so changes in interest rates are particularly influential for business owners' management decisions. Are you a small business owner who has experienced a recent change in sales or hiring?

Persons: —, Phil Powell, it's, Powell, Jerome Powell, Sean Higgins, Higgins Organizations: Service, Federal Reserve, Business, Indiana Business Research Center, Indiana University Kelley School of Business, Federal Open Markets, Treasury Department, National Federation of Independent Businesses, Kellogg School of Management, Northwestern University

☆ Apple’s new AirPods are also hearing aids. Can they really save you thousands of dollars?
▼ + stars: | 2024-09-10 | by ( Samantha Delouya | ) edition.cnn.com time to read: +4 min

The company said the wireless headphones will double as clinical-grade over-the-counter hearing aids for those who need them. But over-the-counter hearing aids like these aren’t always the solution for hearing loss. Over-the-counter hearing aids, such as Apple’s offering, also are not a treatment for “severe or profound” hearing loss, according to the FDA. If it can also serve as a hearing aid, I think that’s really exciting.”Apple’s announcement was applauded by some hearing aid users on social media, as well. But many noted one clear advantage traditional hearing aids have over AirPods: Hearing aids have battery life measured in days, not hours.

Persons: Apple, ”, Sumbul Ahmad Desai, Desai, Barbara Kelley, ” Kelley, Kelley, “ There’s, “ Organizations: CNN, Food and Drug Administration, FDA, Apple, American Heart Association, of America Locations: United States, Germany, Japan

☆ EV charging and range are improving. People still don't want to go electric.
▼ + stars: | 2024-09-10 | by ( Nora Naughton | ) www.businessinsider.com time to read: +6 min

Read previewWe're getting closer to a cure for range anxiety, so why don't more people want an EV? This dip in demand is reflected in a stagnation in EV sales growth over the past year as companies adjust to a new crop of more practical green-car shoppers. Battery-powered cars accounted for a record 7.6% of all car sales in 2023, according to Kelley Blue Book, up from 5.9% in 2022. Affordability is also a key issue for today's electric car shoppers, an issue the industry has tried to address with lower sticker prices. But EV shoppers have found a new cost to angst over.

Persons: —, EY, Marc Coltelli, Kelley, EVs, it's, Power, Raman Ram Organizations: Service, Business, Power, Utilities, Industry, EV, Pew Research, Department of Energy, Americas Aerospace, Defense Locations: Americas

The report examined Americans who have identified as nonprofit workers on the Census' American Community Survey, including many employees in healthcare, educational services, and social assistance. Younger nonprofit workers are particularly struggling. According to the report, 37% of nonprofit workers under the age of 25 fall into the ALICE category. Similarly, 23% of nonprofit workers ages 25 to 44 are considered ALICEs. And, while 16% of white nonprofit workers were below the ALICE threshold, 35% of Black workers in the sector were struggling to make ends meet.

Persons: ALICE, Lisa Kelley, they're, It's, Cherie Tobias, Melissa Hedden Organizations: Service, United, Survey, Business, SNAP, Medicaid Locations: El Paso , Texas, Alexandria , Virginia, Cincinnati, Michigan

☆ Chinese-Owned Bitcoin Mines Are Using up America's Energy, Electricity
▼ + stars: | 2024-09-10 | by ( Taylor Dorrell | ) www.businessinsider.com time to read: +13 min

Concerns about the use of cryptocurrencies for illegal activity resulted in an effective ban on crypto mining and transactions. After a massive public outcry at the end of 2021, mining companies in Kazakhstan were effectively cut off from the grid. Today, the US makes up about 40% of the global hashrate — up from 17% during China's 2021 peak — making America the biggest hub for bitcoin mining. However, in recent years, bitcoin mining has become increasingly concentrated in the hands of a small number of private companies. Given how much energy bitcoin mining consumes, it's worth questioning whether its presence in the US is really worth the trade-off.

Persons: Xi Jinping, Zoe Liu, hasn't, pushback, haven't, Jeremy Fisher, Fisher, Gladys Anderson, Kelley Sayre, Stephanie Marsh, Marsh, Gavin Newsom, would've, Donald Trump, Trump, Satoshi Nakamoto, Saifedean Ammous, Cheyanne Diehl, wasn't, Biden, Joe Biden, Liu Pengyu, America Organizations: Council, Foreign Relations, Mining, Cambridge, Goodyear, Sierra, Environmental, New York Times, Tech, Gov, Securities and Exchange Commission, July's Bitcoin, SEC, National Bureau of Economic Research, Inc, Nasdaq, Embassy, EV, Sierra Club, City Council, Digital Locations: China, Kazakhstan, America, Utah, West Virginia, Akron , Ohio, Rockdale , Texas, Murphy , North Carolina, Massillon , Ohio, Bono , Arkansas, Vilonia , Arkansas, Akron, California, Nashville, Massillon, Ohio, Chinese, Massillon's City, In Arkansas, Wyoming, Washington, Harrison , Arkansas

☆ The $100,000 electric truck market is here. A guide to pickups from Tesla, GM, Rivian and Ford
▼ + stars: | 2024-09-07 | by ( Michael Wayland | ) www.cnbc.com time to read: +10 min

There are currently a handful of electric trucks for purchase in the U.S. market: the Tesla Cybertruck, Ford F-150 Lightning, Rivian R1T and General Motors' GMC Hummer EV, GMC Sierra Denali and Chevrolet Silverado. The GMC Hummer and Rivian also have SUV versions, which feature similar functions as their pickup counterparts but in different forms. The SUV version is smaller and more manageable to drive than the pickup truck version. When the F-150 Lightning hit the market, it was the first "mainstream" electric truck. An electric Ford F-150 next to a Tesla Cybertruck in front of Ford's world headquarters on Aug. 27, 2024 in Dearborn, Mich. Michael Wayland / CNBC

Persons: Michael Wayland, CNBC DETROIT – Tesla, Stephanie Brinley, it's, Stephanie Valdez Streaty, Tesla, Ford, Rivian R1T, Rivian, Kelley, Sierra EVs Organizations: GMC, Denali, Tesla, Ford, CNBC DETROIT, Motors, Rivian Automotive, P Global Mobility, Cox Automotive, General Motors, GMC Hummer EV, GMC Sierra Denali, Chevrolet Silverado, Motor Intelligence, Renaissance Center, CNBC, GM, U.S . Environmental Protection Agency, Cruise, Silverado, GMC Sierra GM's, DC, Chevrolet, Sierra Locations: U.S, Detroit, Dearborn, Mich

At the 2016 Democratic National Convention in Philadelphia, Rep. Patrick Maloney, D-N.Y., was met with thunderous applause as he proudly introduced transgender advocate Sarah McBride. “She is right now the first trans person ever to address a national convention,” Maloney boasted. But at this year’s Democratic convention in Chicago, trans people were notably absent from the stage. To some trans Americans, the omission did not go unnoticed. Harris, who has actively supported gay rights throughout her career, is also seen by advocates as having one of the most, if not the most, LGBTQ-friendly policy record of any presidential candidate.

Persons: Patrick Maloney, Sarah McBride, ” Maloney, ” McBride, she’s, Danica Roem —, —, Sen, Cory Booker, Kelley Robinson, Charlotte Clymer, ”, Harris, Gov . Walz, ” Clymer, Melissa Michelson, Oprah Winfrey, it’s, “, Tim Walz, Kamala Harris nodded, Pete Buttigieg, Laphonza Butler, Erin Reed, there’s, Donald Trump, Rodrigo Heng, Lehtinen, Kamala Harris, ” Heng Organizations: Convention, Democratic, DNC, Republican National Convention, NBC, U.S, Gov, Republican Party, California’s Menlo College, Gallup, Straight Alliance, Victory, NBC News, Democratic Party, GOP, Trans Locations: Philadelphia, Delaware, Virginia, Chicago, Milwaukee, Tennessee, Minnesota, D

An Ohio police officer accused of fatally shooting a pregnant woman has been indicted on murder charges, according to court documents. After repeatedly being asked to get out of her vehicle by Grubb and another officer, Young slowly accelerated her car toward an officer, who police said was struck. Ta'Kiya Young. The officer standing in front of Young’s car is then seen pointing his gun toward her. Attorney Sean Walton and Ta’Kiya Young's grandmother Nadine Young react after an Ohio police officer was indicted on charges including murder in the shooting of Ta’Kiya Young on Tuesday in Columbus, Ohio.

Persons: Connor Grubb, Ta’Kiya Young, Grubb, Young, ”, ” Young, “, Sean Walton Jr, John Belford, Belford, Sean Walton, Ta’Kiya, Nadine Young, Patrick Aftoora Orsagos Organizations: Blendon Township Police, Young, Police Locations: Ohio, Blendon Township, Blendon, Belford, Columbus , Ohio

☆ Site of deadliest church shooting in U.S. history torn down despite objections
▼ + stars: | 2024-08-13 | 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

SUTHERLAND SPRINGS, Texas — Crews on Monday tore down a Texas church where a gunman killed more than two dozen worshippers in 2017, using heavy machinery to raze the small building even after some families sought to preserve the scene of the deadliest church shooting in U.S. history. A new church was completed for the congregation about a year and a half after the shooting. Workers continue demolition of the First Baptist Church, in Sutherland Springs, Texas, Monday, on Aug. 12, 2024. In the lawsuit, the plaintiffs alleged that some church members were wrongfully removed from the church roster before the vote was taken. After the 2012 shooting at Sandy Hook Elementary School in Connecticut, it was torn down and replaced.

Persons: SUTHERLAND SPRINGS , Texas — Crews, John Riley, ” Riley, “, ”, Terrie Smith, Smith — Joann Ward —, Smith, Eric Gay, Amber Holder, Annabelle Pomeroy, Holder, ” Holder, Devin Patrick Kelley, Kelley, Marjory Stoneman, Robb Organizations: First Baptist, Authorities, Sutherland, Sutherland Springs Community Association, Workers, Baptist Church, Marjory Stoneman Douglas High School, Sandy Hook Elementary, Emanuel African Methodist Episcopal Church, Columbine High Locations: SUTHERLAND SPRINGS , Texas, Texas, Sutherland, Sutherland Springs, Sutherland Springs , Texas, Parkland , Florida, Connecticut, Buffalo , New York, Charleston , South Carolina, Colorado, Uvalde

While keeping his outperform rating, Vijay Rakesh chopped $10 off his price target to $145. The Oreo maker should see above-average earnings growth, Jordan said, and the stock itself is a high-quality core holding. — Alex Harring 5:50 a.m.: UBS lays out earnings expectations for Nvidia UBS is remaining bullish on Nvidia heading into the artificial intelligence giant's earnings report. Analyst Timothy Arcuri reiterated his buy rating and $150 price target heading into earnings expected later this month. His price target of $23, up from $20, implies a gain of 28.3% over the next 12 months.

Persons: Piper Sandler, Vijay Rakesh, Rakesh, Alex Harring, Shaun Kelley, Kelley, — Alex Harring, Eli Lilly, Eli Lilly's, James Shin, Shin, Jefferies, Samad Samana, Samana, Goldman, Goldman Sachs, Mills, Leah Jordan, Jordan, Kraft Heinz, Timothy Arcuri, Arcuri, Patrick Moley, Morley, HOOD, Fred Imbert Organizations: CNBC, UBS, Mizuho, Micron, Seagate Technology, Western, Bank of America, Gaming, Consumer, Terre Haute, Kentucky Derby, Deutsche Bank, Par Technology, Jefferies, Conagra Brands, Hershey, Nvidia UBS, Nvidia Locations: Churchill, Northern, Northern Virginia, Kentucky, Robinhood

☆ D'Vontaye Mitchell's death is ruled a homicide, from 'restraint asphyxia' and drugs, medical examiner says
▼ + stars: | 2024-08-02 | by ( Antonio Planas | Ava Kelley | Antonio Planas Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +4 min

The "immediate cause of death" for D'Vontaye Mitchell, 43, was “restraint asphyxia and toxic effects of cocaine and methamphetamine,” according to a final report from the Milwaukee County Medical Examiner. Courtesy Brenda GilesHis final manner of death was ruled by the medical examiner to be homicide. On June 30, four security guards pinned Mitchell face down on the ground outside the downtown Hyatt Regency hotel. The medical examiner noted Mitchell was “restrained in prone position” by multiple individuals after using drugs. Police said a person had entered the business, “caused a disturbance” and “fought with security guards as they were escorting” him out.

Persons: D'Vontaye Mitchell, Brenda Giles, Mitchell, “, ”, grunting, Ben Crump, George Floyd's, Crump, Mitchell's, Hyatt Organizations: Milwaukee County Medical, Police, ” Hotel, Hyatt, Milwaukee County Locations: Milwaukee, Hyatt Regency, Minneapolis

☆ Reddit has acquired an AI startup to beef up its ad business in a deal worth around $40 million
▼ + stars: | 2024-08-01 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +3 min

This story is available exclusively to Business Insider subscribers. Brands like Unilever, L'Oréal, and NotCo pay Memorable AI an annual fee to use its tools. The company said this allows advertisers to reduce the time they would usually spend testing and optimizing ad creative, the company said. Related storiesThe Memorable AI team has joined Reddit as part of the acquisition. AdvertisementIts ads business is growing, but still tiny compared to Google, Meta, Amazon, and TikTok.

Persons: —, Reddit, van, Cofounders Camilo Fosto, Sebastian Acevedo, Michael Kassan, Brian O'Kelley, hasn't Organizations: Service, Business, Harvard, Stanford, MIT, Brands, Unilever, L'Oréal, Aperiam Ventures, Bertelsmann Digital Media Investments, LDV, Ventures, Google Locations: New York

☆ Women's Online Reviews Are More Reliable Than Men's, Study Finds
▼ + stars: | 2024-07-31 | by ( Emily Stewart | ) www.businessinsider.com time to read: +7 min

What men say, on the other hand, isn't at all telling. "This relationship is completely explained by drug reviews written by females; reviews written by males have no explanatory power." In their analysis, women tended to be more articulate and detailed in their drug reviews and experience, while men were vaguer. One 2023 study looking at Yelp reviews found that the persuasiveness of reviews by gender depended on product category. Other research, however, suggests that even for areas stereotypically seen as being in women's realm, women's reviews aren't perceived as more valuable than men's.

Persons: It's, you've, George Ball, Kaitlin Wowak, hadn't, that's, something's, Ball, Prashanth Ravula, Emily Stewart Organizations: Indiana University Kelley School of Business, Notre Dame's Mendoza College of Business, Food and Drug Administration, Morgan State University, Business

☆ Why Elon Musk Is Supporting Donald Trump: to Save Tesla From Disaster
▼ + stars: | 2024-07-28 | by ( Linette Lopez | ) www.businessinsider.com time to read: +11 min

As market competition heated up, Tesla started cutting prices, which turned into an industrywide price war that Tesla isn't winning. It's a steep fall, considering Tesla's share of the EV market used to be as high as 80%. Critics balked, but Musk assured the Tesla community that this was the only strategy to save the company. Musk is looking for ways to buy time for Tesla — and one of those ways is to get Trump elected. Preserving Tesla's market position is imperative until he can conjure another product that people are excited to buy.

Persons: Elon Musk, Donald Trump —, Tesla, Trump, Joe Biden's, Kelley Blue, Musk, Ford, —, Critics, shouldn't, ZEV, Steve Granitz, Vaibhav Taneja, China's, Elon — Organizations: Elon, Trump, Tesla, White, EV, GM, Getty Images Trump, PAC Locations: China, USA, Shanghai

☆ Inflation, $2,000 camps are creating a summer crisis for working parents: 'It is complete chaos'
▼ + stars: | 2024-07-24 | by ( Morgan Smith | ) www.cnbc.com time to read: +3 min

And it will cost Kelley and her husband Richard about $2,000 for their only child. When Kelley searched for full-time, five-day summer camps near Saint Johnsbury, Vermont, where her family lives, she says she couldn't find any options. By the time school starts in August, Kelley's son will have attended day camps in Vermont, New Hampshire and Minnesota, where they'll stay with relatives. All the camps cost between $150 and $400 per week. The local day camp they used last summer closed because of staffing shortages.

Persons: Julie Kelley, Kelley, Kelley's Organizations: CNBC, Federal Reserve, American Camp Association Locations: Vermont, Saint Johnsbury , Vermont, Burlington , Vermont, Vermont , New Hampshire, Minnesota, U.S

☆ Judge Refuses to Block F.T.C.’s Noncompete Ban as Lawsuits Play Out
▼ + stars: | 2024-07-23 | by ( Danielle Kaye | ) www.nytimes.com time to read: +1 min

A federal judge in Pennsylvania on Tuesday declined to block the Federal Trade Commission’s ban on noncompete agreements, diverging from another judge’s recent finding that the agency’s move was on shaky legal ground. The decision clears one obstacle to the F.T.C.’s move to prohibit virtually all noncompete agreements, which prohibit employees from switching jobs within an industry and affect roughly one in five American workers. Several business groups sued to block the ban as soon as the F.T.C. voted to adopt it in April, saying it would limit their ability to protect trade secrets and confidential information. Denying the company’s motion for a preliminary injunction, she said the lawsuit was unlikely to ultimately prevail on the merits.

Persons: Judge Kelley Brisbon Hodge Organizations: Federal Trade, ATS Tree Services, Eastern, Eastern District of Pennsylvania, ATS Locations: Pennsylvania, U.S, Eastern District, “

☆ Judge will not block Biden administration ban on worker 'noncompete' agreements
▼ + stars: | 2024-07-23 | by ( ) www.cnbc.com time to read: +1 min

US President Joe Biden arrives at Joint Base Andrews in Maryland on July 23, 2024. Biden is returning to the White House after spending nearly a week at his personal residence recovering from Covid and for the first time since dropping his reelection bid. A federal judge on Tuesday rejected a bid by a tree-trimming company to block a U.S. Federal Trade Commission rule from taking effect that would ban agreements commonly signed by workers not to join their employers' rivals or launch competing businesses. Hodge, an appointee of Democratic President Joe Biden, denied a bid by ATS Tree Services to block the rule pending the outcome of its lawsuit. About 30 million people, or 20% of U.S. workers, have signed noncompetes, according to the FTC.

Persons: Joe Biden, Biden, Judge Kelley Hodge, Hodge, Ryan Organizations: Base Andrews, U.S . Federal Trade Commission, FTC, Democratic, ATS Tree Services, U.S . Chamber of Commerce Locations: Maryland, U.S, Philadelphia, Texas

☆ Global IT outage leaves thousands stranded at airports amid chaos at hospitals, government agencies and 911 systems
▼ + stars: | 2024-07-20 | by ( Dalia Faheid | ) edition.cnn.com time to read: +10 min

All flights were grounded for United Airlines, Delta Air Lines, American Airlines and Allegiant Airlines on Friday. Meanwhile, thousands of companies around the world are struggling with payment processing after the outage brought down systems across a wide range of businesses. Airlines, banks, TV channels and other businesses were disrupted worldwide on Friday following a major computer systems outage linked to an update on an antivirus program. In addition to hospitals, blood donation centers have experienced challenges and are altering blood shipment methods due to flight delays. The Social Security Administration closed its local offices to the public on Friday after the outage shut down numerous services.

Persons: ”, “, Kiah Hampton, Hampton, Jennifer Small, ” Small, Ty Kelley, “ I’m, Miya Haney, Dave DeWalt, George Kurtz, ” Kurtz, Etienne Laurent, Kim Brown, ” Brown, Laura Topete, ” Topete, Ted Wheeler, Kathy Hochul Organizations: CNN, Microsoft, United Airlines, Delta Air Lines, American Airlines, Allegiant Airlines, Airlines, Atlanta’s Hartsfield, Jackson International Airport, ” Spirit Airlines, Shipping, UPS, FedEx, Marriott International, Hilton, McAfee, Infrastructure Security Agency, Delta Airlines, Getty, Kaiser Permanente, Health, Hospital Medical, Epic Systems, US Department of Health, Human Services, York Blood Center, Angeles, Superior Court, Department, ”, United States Customs, Border Protection, CBP, Social Security Administration, US Department of Justice Locations: United States, Los Angeles, ” New Jersey, Jersey, Philadelphia, Boston, Alaska, Phoenix, New York City, Texas , Tennessee, North Carolina, Georgia, Airlines, Kaiser, San Jose , California, Portland , Oregon, Southern California, San Diego County, Arizona, Maricopa County, New York

☆ Follow a simple, 'unorthodox' 4-step strategy and buy these 5 stocks to mimic the returns of a top-3% mutual fund over the last decade
▼ + stars: | 2024-07-16 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Read previewA growth-heavy mutual fund has crushed its index in the last decade thanks to a remarkably simple investing strategy that most bottom-up portfolio managers would decry as heresy. The Hennessy Cornerstone Growth Fund (HFCGX) managed by Neil Hennessy, Ryan Kelley, and Josh Wein is in the top 3% of its category in the last 10 years, according to Morningstar. AdvertisementThis stock screen, which doesn't examine a company's management team or balance sheet, is "a little bit unorthodox," Wein acknowledged. A 4-part pathway to strong gainsThough unconventional, the four-part vetting process that serves as the backbone of the Hennessy Cornerstone Growth Fund is far from unproven. Although Wein doesn't select stocks like most other managers, he still highlighted five stocks that he's most excited about.

Persons: —, Neil Hennessy, Ryan Kelley, Josh Wein, Morningstar, It's, Wein, " Wein, they're, Hennessy, They're Organizations: Service, Cornerstone Growth, Business, Hennessy Cornerstone Growth, Urban Outfitters, Emcor

☆ Rent a car for a road trip, or drive your own? 5 things to consider
▼ + stars: | 2024-07-05 | by ( Greg Iacurci | ) www.cnbc.com time to read: +5 min

For some car owners, it might be more financially savvy to rent a vehicle for a road trip than use their own, experts said. Drivers would need to compare total rental costs — the daily rental rate and potential add-ons like insurance — versus those of operating their own car. "Most people will be shocked at what it actually costs to own and operate their car," Brannon said. The cost of rental car insurance might add $30 to $61 to the daily rate, depending on insurance type, according to Allianz Travel, citing MarketWatch data. Car owners may already get full coverage on a rental via their own car insurance policies, or may have some coverage through credit-card benefits, Brannon said.

Persons: Patchareeporn, Greg Brannon, Brian Moody, Autotrader, Moody, Brannon, Hopper, Alistair Berg, Digitalvision, Kelley, KBB, Autotrader's Moody Organizations: AAA, Toyota, Allianz Travel, Finance, Car, Getty, Allianz, State

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