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Andy Jassy is thinking long-termThe recent return-to-office mandate requiring employees to work from the office five days a week is tricky. I think Jassy is thinking long-term, which is one of the core features of Amazon's leadership principles: long-term thinking. The third leadership principle I think Jassy is enforcing is frugality. The principle says that leaders work daily to create a safer, more productive, higher-performing, and diverse work environment. I think Jassy looks at this and says, "That is what I am doing."
Persons: John Rossman, Rossman, , it's, Andy Jassy, they'd, Andy Jassy's, Jeff Bezos, Jassy Organizations: Amazon, Service Locations: America
Deutsche Bank is striking a cautious tone on Dover 's stock ahead of the industrial conglomerate's upcoming earnings report. Late Tuesday, Deutsche Bank listed Dover as a short-term sell idea, suggesting the company will report underwhelming results that may pressure shares later this month. Other industrial stocks in our portfolio received price target increases this week, including Eaton, Stanley Black & Decker and Honeywell . Both firms raised their price target on the DeWalt owner's stock to $100 a share from $96 while maintaining hold or hold-equivalent ratings. Honeywell's price target was increased only slightly at Deutsche Bank — up merely $1 to $226 a share — and left unchanged at Barclays.
Persons: Jim Cramer, industrials, Barclays –, Stanley Black, Decker, Jim, Dover, Richard Tobin, there's, DOV YTD, DOV, It's, Eaton, Vimal Kapur, Jim Cramer's, SWK Organizations: Deutsche Bank, Federal Reserve, Barclays, Environmental Solutions, Wednesday, Honeywell, Deutsche Bank —, Barclays . Deutsche Bank, CNBC, Luza Locations: Dover, Eaton
Today, on average, Social Security benefits may replace about 40% of a person’s pre-retirement income assuming they start collecting benefits at their full retirement age. To be in those categories your earnings are often at or near the annual maximum income subject to the Social Security payroll tax. If you had to replace $24,000 in Social Security benefits, you might need a $600,000 portfolio. If you have no idea what Social Security benefits are promised to you under current law, get an official estimate based on your average career earnings to date from the Social Security Administration. Or …17% in 2035: The cut could be reduced and delayed until 2035 if the Social Security retirement trust fund is merged with its trust fund for disability benefits.
Persons: Mari Adam, Adam, you’ll, Shai Akabas, ” Akabas, ” Adam, you’re, don’t, “ You’re, Organizations: CNN, Social Security, Security, Social Security Administration, Center, Social, IRA
Analyst Sara Senatore said the recent arrival of CEO Brian Niccol is a potential catalyst for Starbucks stock. She expects the former Chipotle chief to turn around Starbucks' North American business more quickly and with less investment than expected. SBUX YTD mountain Starbucks stock. Walmart stock has advanced more than 54% in 2024. WMT YTD mountain Walmart stock.
Persons: Anthony Cassamassino, Sara Senatore, Brian Niccol, Robert Ohmes, Ohmes Organizations: Bank of America, Dow Jones, Walmart, Bank of America's, Hasbro Locations: Iran, Israel
In younger women, rates have increased at a faster clip — by about 1.4% every year since 2021. Among Asian American and Pacific Islander women under 50, breast cancer diagnoses have increased by 50% since 2000. Today, Black women are 5% less likely to get breast cancer than white women, but are nearly 40% more likely to die from the disease. The American Cancer Society researchers noted that this disparity is seen in even the most treatable types of breast cancer. Each person’s family and personal history and genetics will also determine when they should start screening for breast cancer.
Persons: , Sonya Reid, “ It’s, Reid, it’s, Wendy Wilcox, ” Wilcox, Dr, William Dahut, ” Reid, Wilcox, Organizations: American Cancer Society, Vanderbilt University Medical Center, American, Pacific, New York, New York City Health, Pacific Islanders, Alaska Natives Locations: Black, Alaska, New York City, American, Indian
How Credit Card Cell Phone Protection WorksIf cell phone insurance on a credit card sounds too good to be true, this guide is for you. The Best Credit Cards with Cell Phone ProtectionThere are dozens of credit cards that now offer cell phone protection when you use them to pay your phone bill. Here are some of the best options:Best overall credit card with cell phone protection: Ink Business Preferred® Credit CardBest no-annual-fee Chase credit card with cell phone protection: Chase Freedom Flex®Most affordable premium credit card with cell phone protection: Capital One Venture X Rewards Credit CardBest American Express credit card with cell phone protection: The Platinum Card® from American ExpressBest airline credit card with cell phone protection: Delta SkyMiles® Platinum American Express CardBest cash back credit card with cell phone protection: Wells Fargo Active Cash® CardBest credit card with cell phone protection for paying rent: Bilt Mastercard®Chase Credit Cards with Cell Phone ProtectionThe Ink Business Preferred® Credit Card comes with one of the most generous cell phone protection coverage limits of up to $1,000 per claim with a $100 deductible, up to three times per year. You'll find cell phone insurance on the following Amex cards:Wells Fargo Credit Cards with Cell Phone ProtectionWells Fargo is unique in that it offers cell phone insurance as a standard benefit on all of its personal credit cards, even the ones with no annual fees. Read our guide to the best Wells Fargo credit cardsCell Phone Protection Credit Card ComparisonInk Business Preferred® Credit Card Apply now lock icon An icon in the shape of lock.
Persons: Wells, I'd, they'll, takeout, Chase, Uber, Wiley, Julie Mehretu, Peacock, Uber Cash, you've, It's, you’re, you'll, Jasmin Baron, Read Organizations: Business, Cell, Express, American Express, Wells, Mastercard, Capital, Venture, Protection, Chase Travel, FDIC, Chase, One, Hilton, Marriott, Saks, American, Entertainment, Disney, ESPN, The New York Times, Street, Walmart, TSA, Global, Saks Fifth Locations: Wells Fargo, Hulu, Wells, Canada
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSchwartz: People don't want the economy shut down; I don't think this will last longJeremy Schwartz, Global Chief Investment Officer at WisdomTree Inc, highlights the need for automation amid port strikes, expects a quick resolution, supports faster rate cuts, and notes rising commodity prices as both inflation risks and portfolio diversifiers.
Persons: Jeremy Schwartz Organizations: Schwartz, Global Chief, WisdomTree Inc
Amazon recently launched Cedric, an internal AI chatbot, to boost employee productivity. Cedric is a "general purpose AI chatbot" that is "safer than ChatGPT," according to an internal document obtained by BI. Cedric's goal is to help Amazon employees increase their productivity and job satisfaction as external AI tools are not available for security reasons, the document added. Earlier this year, Amazon formalized internal guidelines that ban external AI tools, including ChatGPT, for business purposes. Approved for 'highly confidential data'Cedric is one of the many AI tools Amazon recently launched or is building internally.
Persons: Cedric, , It's, Amazonians, it's, JP Morgan Chase, Claude, Cedric doesn't Organizations: Amazon, Service, BI, ChatGPT Enterprise, Enterprise, Microsoft, ChatGPT, Apple, Samsung, chatbot, Cedric, Software, Amazon Web Services Locations: OpenAI
Mark Rutte, incoming secretary general of the North Atlantic Treaty Organization (NATO), during a transition ceremony at the NATO headquarters in Brussels, Belgium, on Tuesday, Oct. 1, 2024. Mark Rutte, the affable and meticulous former Dutch premier, has a daunting task ahead to keep the defense alliance a global force. "As Secretary General, I will work on three main priorities," Rutte said as he took over the reins from Jens Stoltenberg during a handover ceremony in Brussels. "The first is to keep NATO strong and to ensure our defenses remain effective and credible against all threats. U.S. President Donald Trump (L) speaks with Jens Stoltenberg, Secretary General of NATO as they attend the NATO summit at the Grove Hotel on December 4, 2019 in Watford, England.
Persons: Mark Rutte, Rutte, he's, , Donald Trump, Jens Stoltenberg, Vladimir Putin, Armida van Rij, Kamala Harris, I'm, She's, Dan Kitwood Organizations: Atlantic Treaty Organization, NATO, Bloomberg, Getty, U.S, Ukraine, European Union, Kremlin, Chatham House, Royal United Services Institute, Republican, Trump Locations: Brussels, Belgium, Netherlands, Russia, Ukraine, China, North Korea, Iran, NATO, Moscow, Grove, Watford, England
Indeed's new Work Wellbeing 100 demonstrates that companies with higher work wellbeing collectively outperform stock market benchmarks. Here's a quick overview of the Work Wellbeing 100 index, along with new data that shows the current state of wellbeing at work — plus strategies for what your company can do to improve its Work Wellbeing Score. Building upon this massive dataset — the world's largest study of work wellbeing — Indeed has collaborated with the University of Oxford to create The Work Wellbeing 100, an index of the top 100 publicly traded companies ranked by the Work Wellbeing Score. As detailed in Indeed's first-ever Global Work Wellbeing Report, only 22% of respondents say they're thriving at work, even though the benefits of work wellbeing are more apparent than ever. Discover your company's Work Wellbeing Score and explore strategies and resources from Lead with Indeed to enhance your wellbeing initiatives.
Persons: We've, , Here's, Russell, Emmanuel De Neve, hasn't, LaFawn Davis, Davis Organizations: Delta Air Lines, Accenture, NIKE, University of Oxford, Nasdaq, Research, Insider Studios Locations: Oxford, Canada
In addition to the Computex display, humanoid robots have come up on Nvidia's last two earnings calls. The first is self-driving cars and the second is likely to be humanoid robots. Project Groot, which the company refers to as a "moonshot" initiative, is a foundation model for humanoid robots. AdvertisementIt feels like every player aiming for humanoid robots is in it for themselves, Kapoor said. Simulators are an essential stop on the path to humanoid robots, but they don't necessarily lead to human-like perception.
Persons: Jensen, , Jensen Huang, gesturing, Elon Musk, Huang, Raul Martynek, Databank, Isaac, Tesla, That's, Sophia Velastegui, who's, William, Omniverse, Ashish Kapoor, Kapoor, Jonathan Stephens, Martynek, Velastegui Organizations: Service, Nvidia, Apple, Google, Microsoft, BMW, Boston Dynamics, BYD Electronics, Siemens, sunsetted, Foundations, Grid, Scaled Foundations, Star Locations: Taipei, Taiwan, Computex
There's an unusually wide gap between highly efficient companies and everyone else. Here are 25 standout stocks to consider ahead of the Q3 earnings season. AdvertisementThe market's most efficient companies are separating from the pack at a crucial time in the year. AdvertisementThe gap between highly efficient companies — as measured by returns on equity — and other stocks in the S&P 500 has widened, Goldman Sachs found. 25 increasingly efficient stocks to targetIn his weekly note, Kostin shared an updated list of 50 stocks set to enjoy the largest growth in returns on equity.
Persons: Goldman Sachs, , David Kostin, Kostin, That's Organizations: Service
Doing cardio and strength training is linked to longevity, so she tried what's known as hybrid training. She made running a habit by not pushing herself too hard and making it as enjoyable as possible. While weight training is on the up, so is running: Running remained the most popular sport on Strava in 2023, up 4% since 2022. I know that when trying to establish a new healthy habit, going slow and steady makes it more likely to stick. I'm running for my long-term health and fitness, for the mental challenge, and so I can walk up multiple flights of stairs without getting out of breath.
Persons: Rachel Hosie, , I've, I'm, Rachel Hose, Couch, ambitiously, I'd, Strava Organizations: Service
Amazon recently launched Cedric, an internal AI chatbot, to boost employee productivity. Amazon has repeatedly warned employees not to use third-party AI chatbots, including ChatGPT. Cedric is a "general purpose AI chatbot" that is "safer than ChatGPT," an internal document obtained by BI said. Earlier this year, Amazon formalized internal guidelines that ban external AI tools, including ChatGPT, for business purposes. Approved for 'highly confidential data'Cedric is one of the many AI tools Amazon recently launched or is building internally.
Persons: Cedric, , It's, Amazonians, it's, JP Morgan Chase, That's, Claude, Cedric doesn't Organizations: Amazon, Service, BI, ChatGPT Enterprise, Enterprise, archrival Microsoft, ChatGPT, Apple, Samsung, Cedric, Software, Amazon Web Services Locations: OpenAI
Club holdings Amazon , Costco , Home Depot , and Best Buy have been preparing for the port strike for months — attempting to blunt any fallout it might have on their abilities to get goods from overseas. They added that 60% to 70% of those imports arrive at East Coast and Gulf Coast ports. To put things in perspective, for retail goods, the East Coast ports are less utilized than the West Coast ports, Basham said. Due to its size, however, Best Buy often gets priority from its shippers, which could help secure goods faster than smaller competitors. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: Walkouts, We're, Jeff Marks, Seth Basham, Basham, Lorraine Hutchinson, Bank of America Merrill Lynch, it's, They're, Ron Vachris, We've, Marc Wulfraat, Wulfraat, Wedbush's Basham, Jim Cramer's, Jim Cramer, Jim, Maher, Shannon Stapleton Organizations: Longshoremen's Association, United States Maritime Alliance, U.S, Costco, Home, CNBC, Barclays, Retailers, Bank of America, International Longshoremen's Association Locations: East Coast, Gulf, Maine, Texas, Gulf Coast, East, West Coast, Elizabeth , New Jersey, U.S
The Windows 11 2024 Update, also known as version 24H2, is meant to boost basic PC functions, such as downloading files over Wi-Fi, compressing documents and managing energy use. So the product enhancements keep coming, before support for the popular Windows 10 ends in October 2025. Microsoft said Thursday that it's starting the process of releasing a broad update to its Windows 11 operating system for PCs. Here are some of the other new capabilities coming to PCs that can run Windows 11 in version 24H2:More energy consumption controls. To do this, open the Settings app, select Time & language.
Persons: Satya Nadella, you'll Organizations: Microsoft, Activision, Bluetooth
Americans' love affair with cash may be costing them in the long run, according to Wells Fargo. A record $6.42 trillion is sitting in money market funds, as of Wednesday, according to the Investment Company Institute . The seven-day annualized yield on the Crane 100 list of the 100 largest taxable money funds is currently 4.75%. During Fed rate decreases, direct money market investments, like Treasury bills, will absorb the cuts quicker than money market funds. "A long-term risk of relying on money market funds as a sizable allocation is the cash drag over our strategic time horizon," she said.
Persons: Peter Crane, Crane, Michelle Wan, Wan, Wells Fargo, Brian Rehling Organizations: Investment Company Institute, Federal Reserve, Crane Locations: Wells Fargo
Wait times at Starbucks have gotten long, with some customers waiting nearly 30 minutes. I visited three Washington, DC-area Starbucks stores to see how bad the waits were. Wait times at the coffee chains' stores have gotten close to half an hour, Business Insider previously reported. It's a problem that Brian Niccol, who joined Starbucks as CEO earlier this month, will have to deal with. I also wanted to try different ways of ordering: Multiple Starbucks employees — or "partners," as the chain calls them — have told me that drive-thru wait times are one of the most important metrics their managers track.
Persons: Brian Niccol, , Niccol Organizations: Starbucks, Service Locations: Washington, DC
Elsewhere, TD Cowen raised its price target on Costco to $975. 7:04 a.m.: TD Cowen raises Costco price target TD Cowen is even more bullish on Costco after hosting the company's leadership for a post-earnings meeting. Analyst Brian Bedell reiterated his buy rating and lifted his price target by $3 to $27, implying about 13% upside. With that, analyst Stephen Scouten upgraded Amerant to overweight from neutral and raised his price target by 50 cents to $25.60. — Pia Singh 5:50 a.m.: TD Cowen upgrades Accenture Investors should buy shares of Accenture as the company's recovery gains steam, according to TD Cowen.
Persons: Morgan Stanley, TD Cowen, Cowen, Oliver Chen, Costco's, Chen, Gary Millerchip, — Pia Singh, Brian Bedell, Bedell, Robinhood, Wells, Donald Fandetti, Fandetti, Piper Sandler, Amerant, Stephen Scouten, Scouten, JPMorgan Chase, Betsy Graseck, Graseck, NIM, Bryan Bergin, Bergin, Fred Imbert Organizations: CNBC, JPMorgan Chase, Accenture, Costco, Deutsche Bank, American, Amerant, JPMorgan, Services Locations: Florida, Friday's
This process, known as river piracy, set in motion a chain of geological events that reshaped the landscape, scientists reported Monday in the journal Nature Geoscience. While some instances of river capture and landscape remodeling began millions of years ago, others are happening today, she added. Evidence of one ancient example still exists around the edges of the Himalayas, where long-ago river capture eroded deep gorges. Han’s simulations suggested that river capture would have dramatically increased the flow of water in the Kosi’s lower segments. Compared with river piracy, erosion and uplift unspool over a much longer time span — and are still happening with Everest, Lhotse and Makalu.
Persons: Everest, , Jin, Dai, ” Dai, Devon A, Orme, ” Orme, Nanga Parbat, Xu Han, “ There’s, ” Mindy Weisberger Organizations: CNN, Nature, China University of Geosciences, Colorado, Montana State University, of Earth Sciences, Resources, Slims, Scientific Locations: Arun, Beijing, Antarctica, Himalayas, Tibet, Nepal, Orme, Everest, Canada’s Yukon
Tom Carpenter“I saw an uptick in people traveling with their pets early in 2024,” said Heather Eisenstadt, founder of Top Dog Pet Travel, a central Florida agency specializing in pet-friendly bookings. While analysts don’t track pet travel outlays specifically, some airlines and hotels appear eager to welcome more furry guests — aware that many visitors will pay a premium for it. Some pet owners say they wouldn’t make use of it anyway. Hosts on both platforms set their own pet fees. But the 41-year-old warehouse supervisor from Allentown, Pennsylvania, sees hotel pet fees of up to $200 as reasonable.
Persons: Tom Carpenter, , Mori, Tom Carpenter’s, Tom Carpenter “, , Heather Eisenstadt, Taylor, Eisenstadt, Morgan Stanley, Simeon Gutman, they’re, “ There’s, Patrick O’Brien, “ You’re, ” “, Annette Sacks, Annette Sacks ’, ” Carpenter, Airbnb, techs, Conrad Washington, Avery Price doesn’t Organizations: , Carpenters, American Pet Products Association, American Airlines, Airlines, U.S . Department of Transportation, United, Delta Air Lines, Bark Air, Westchester County Airport, Hotels, Embassy, Conrad, Conrad Washington D.C, Tiffany, Humane Society Locations: Washington, Florida, Europe, Paris, U.S, Blairstown , New Jersey, Chihuahua, New, Westchester, Los Angeles, London, Blairstown, NJ, Hampton, Atlanta, Virginia, Allentown , Pennsylvania
The table and chart below illustrate some characteristics of the biopharma stocks. The average price/earnings multiple for the group, using 2025 estimates, is 12.7 times versus 20.6 times for the S & P 500. A major knock on the biopharma group is the limited productivity from their extremely expensive research efforts, other than obesity drugs, over the past twenty-five years. The technology using AI might not be ready yet, particularly related to the complex biology of the human body. Complex programs exist already, such as AlphaFold, which predicts the structure of three-dimensional compounds using data on protein sequences.
Persons: Bristol Myers, Amgen, Eli Lilly, Lilly, Johnson Organizations: CNBC, Merck, Pfizer, Novo Nordisk, JPMorgan Locations: Bristol
China's missile arsenal is rapidly growing and represents a clear threat to the US military. Here are the major missiles in China's arsenal that pose a threat to adversaries near and far. AdvertisementA reminder of China's growing might streaked across much of the Pacific on Wednedsay. While China hasn't revealed the size of its nuclear arsenal, the country's nuclear arsenal is growing faster than any other country. Here are the major known missiles in China's arsenal that the country is stockpiling amid heightened tensions in the Indo-Pacific.
Persons: , China hasn't Organizations: Beijing's Rocket Force, Service, Force, Pentagon Locations: China
I discovered Orange Theory through a friend, and I just completed my 250th class. My best friend had recently started Orange Theory classes and was trying to get me to join. I finally tried Orange TheoryAfter months of my friend wearing me down, and slightly out of desperation, I signed up for a trial class. AdvertisementI now love working outIt has now been over a year since I first walked into Orange Theory. In the past, I worked out and attended fitness classes to lose weight.
Persons: , twirling Organizations: Service, barre, Orange
SpaceX launched a half-empty Crew Dragon for two Boeing astronauts awaiting a trip home. AdvertisementSpaceX just launched a half-empty Crew Dragon spaceship into orbit for two astronauts who have been waiting for a trip home. Normally, Crew Dragon carries four astronauts to space at a time, but for the launch on Saturday, only two were aboard. Boeing's Starliner spacecraft docked to the International Space Station, as seen from a window on a SpaceX Crew Dragon. Astronauts left behindMeanwhile, two NASA astronauts who were supposed to be part of the Crew-9 mission had to stay behind.
Persons: , Dragon, It's, Nick Hague, Aleksandr Gorbunov, Butch Wilmore, Suni Williams, Williams, Wilmore, Starliner, NASA Wilmore, NASA What's, Elon Musk, bTXWAfxfrh — Elon, uncrewed, Steve Stich, we'd, " Stich, Zena Cardman, Stephanie Wilson, Cardman, NASA's, Wilson, Hague Organizations: SpaceX, Boeing, NASA, Service, International, ISS, Starliner, Astronauts, Hague Locations: New Mexico, SpaceNews, Gorbunov
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