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☆ In the competitive world of pharma, companies need to focus on worker well-being to retain top talent, says Ferring's HR exec
▼ + stars: | 2024-10-15 | by ( Julia Hood | ) www.businessinsider.com time to read: +7 min

She said that Ferring has grown more intentional about focusing on worker well-being, which is particularly important for the highly competitive field of healthcare. What are the benefits for companies focused on worker well-being? We've defined well-being in a holistic way, so it's not just about physical well-being; it's also about mental well-being and financial well-being. What advice do you have for other companies that are just getting started thinking about DEI and worker well-being initiatives? What policies demonstrate your focus on worker well-being?

Persons: —, Johnson, JP Morgan, Ferring, We've, it's, I've, we've, you've Organizations: Ferring Pharmaceuticals, Service, gastroenterology, Johnson, American Express, Pharma, pharma Locations: Swiss, Switzerland

☆ Eli Lilly to trial use of weight loss drugs to combat unemployment in UK
▼ + stars: | 2024-10-15 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +4 min

An Eli Lilly & Co. Zepbound injection pen arranged in the Brooklyn borough of New York on March 28, 2024. LONDON — U.S. pharmaceutical giant Eli Lilly is exploring whether obesity drugs could be used to curb joblessness after signing a major investment deal with the U.K. The use cases for obesity drugs have been growing over recent months, with several drug regulators expanding GLP-1 drug labels for use in treating obesity-related comorbidities and other illnesses. Speaking to CNBC last week, Citi pharmaceuticals analyst Peter Verdault said the body of evidence to support increased use of weight-loss drugs "keeps coming." The company said it anticipates making an additional £279 million of new investment into the U.K. over the coming years.

Persons: Eli Lilly, Zepbound, Rachel Batterham, Lilly, Wes Streeting, Covid, Streeting, Peter Verdault, Dolly van Tulleken, Eli Lilly's Organizations: LONDON, U.K, Department of Health, Social, Department for Science, Innovation, Technology, Labour government's, Investment, National Health Services, Health Innovation, International Medical, Social Care, CNBC, Citi, MRC, University of Cambridge, BBC Radio, Lilly Locations: Brooklyn, New York, Europe

☆ Medical schools and legislation aim to address a worsening doctor shortage that's already hitting rural communities
▼ + stars: | 2024-10-15 | by ( Heather Lindsey | ) www.businessinsider.com time to read: +9 min

A doctor shortage is projected to hit 86,000 by 2036. According to the Rural Medical Training Collaborative, 133 rural residencies in family medicine and 69 rural-track programs are recruiting for 2025 enrollment, along with 30 internal-medicine residencies and 16 psychiatry residencies. Several pieces of legislation have also been introduced to Congress to address the doctor shortage. For example, HR 7855, the Association of American Medical Colleges-endorsed Rural Residency Planning and Development Act of 2024, would codify the Rural Residency Planning and Development Program, which funds the startup costs of residency training in rural areas, Dill said. From 2019 to 2024, the program has enabled the launch of 46 accredited rural residency programs across 38 states and Puerto Rico.

Persons: —, Mellisa, Case, Michael Dill, Bruce Scott, Scott, they're, Dill, Molly Fox, Fox, Catherine, Chase Hearn, he'd, I've, Hearn, Hollie Davis Frick, Davis Frick Organizations: Healthcare, Service, Association of American Medical Colleges, American Medical Association, Medicare, Kansas Health Science University, KHSU's Kansas College of Osteopathic Medicine, Catherine Hospital, OB, Oregon Health & Sciences University, Rural, Development, Patel, Group, Conrad State Locations: Prineville , Oregon, Portland, Bend, Louisville , Kentucky, Garden City, Wichita, Oregon, Crook, Puerto Rico, Conrad

☆ An expat in Panama explains what movers can expect to pay and the pros and cons of raising kids abroad
▼ + stars: | 2024-10-15 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +8 min

In 2015, Davidson settled down in Panama City, working as a technical support manager. He met his wife in Panama, and the two bought a $150,000 home and now raise their children in the capital. Beaches near Coronado, Panama City. Living for cheaper in Central AmericaHe met his wife in Panama, and they had two children. Mac DavidsonHe said average home prices in Panama City are often half what he saw in Manitoba's cities, which were about $400,000 when he checked earlier this year.

Persons: Mac Davidson, Davidson, —, It's, Panama Davidson, he's, He's Organizations: Service, University of Manitoba, Friendly Nations, Nissan Locations: Canada, Panama, Manitoba, Panama City, Coronado , Panama City, Florida, American, Central America, Ancon, Manitoba's, Vancouver, North America

☆ Here are Tuesday's biggest analyst calls: Nvidia, Amazon, Alphabet, McDonald's, Adobe, Tesla & more
▼ + stars: | 2024-10-15 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Mizuho upgrades Duke Energy to outperform from neutral Mizuho said investors should buy the dip in the energy company. Barclays upgrades Doximity to overweight from equal weight Barclays said it sees growth potential for the online networking services provider for medical professionals. TD Cowen upgrades SM Energy to buy from hold TD Cowen said the energy company has "multiple resource catalysts." Barclays initiates Bruker as overweight Barclays said it's bullish on the analytical biotech solutions company. " Goldman Sachs reiterates Adobe as buy The firm said it sees "growth tailwinds" after attending the company's Adobe MAX conference.

Persons: Stephens, it's, Wells, Tesla, Berenberg, it's bullish, Wedbush, Mizuho, Goldman Sachs, Goldman, BTIG, Morgan Stanley, McDonald's, TD, TD Cowen, Price, Crane Organizations: Valvoline Inc, YouTube, Cadence Design, Netflix, Nvidia, AMD, Citi, Consolidated Edison, Duke Energy, Mizuho, Barclays, Etsy, Global, RBC, BMW, Mercedes, Volkswagen, Energy, Holdings, TD Cowen, BMO, AIG, Adobe, MAX, Constellation Energy Locations: China, North America

The FDA’s announcement on Oct. 2 declaring the shortage over meant that compounding pharmacists had to stop filling tirzepatide prescriptions. Simone Williams, 50, of Spartanburg, S.C was prescribed compounded tirzepatide in June 2023 after her Mounjaro savings card expired. Williams began taking compounded tirzepatide for weight loss last year after her Mounjaro savings card expired. Tirzepatide was on the FDA’s drug shortage list for nearly two years. ‘Peace of mind’Meanwhile, patients and compounding pharmacists are celebrating the FDA decision to allow tirzepatide compounding to continue.

Persons: Lilly’s, Mounjaro, Zepbound, semaglutide, Wegovy, drugmakers, tirzepatide, “, Simone Williams, S.C, Simone Williams Simone Williams, Williams, ” Williams, she’s, I’m, ”, Lilly, Michael Ganio, Ganio, Dr, Christopher McGowan, ” McGowan, ” Lilly, Jared Shapiro, ’ ” Shapiro, Elizabeth Kenly, ” Kenly, Kenly Organizations: Drug Administration, FDA, Association, American Society of Health, System, Outsourcing, Alliance, Pharmacy, APC Locations: Spartanburg, Spartanburg , South Carolina, U.S, Cary , North Carolina, Graham , North Carolina

☆ Why Chargers coach Jim Harbaugh briefly left Sunday's game
▼ + stars: | 2024-10-14 | by ( Scott Stump | ) www.nbcnews.com time to read: +5 min

Los Angeles Chargers head coach Jim Harbaugh left the sidelines in the middle of the team’s game on Sunday due to what he said afterward was an “atrial flutter,” in which his heartbeat went out of rhythm. Harbaugh’s brother, Baltimore Ravens head coach John Harbaugh, abruptly left the team’s postgame press conference after being informed that Jim had experienced a health issue during the Chargers game. What happened to Jim Harbaugh during the Chargers game? The term “sinus rhythm” Harbaugh used refers to the heart’s normal rhythm. The Baltimore Ravens’ 30-23 win over the Washington Commanders had concluded while the Chargers game was still being held.

Persons: Jim Harbaugh, Harbaugh, Jesse Minter, John Harbaugh, Jim, AJ Ross, ”, “, ” Harbaugh, “ I’m, ‘, ’, you’re, I’ve, “ I’ve, Colin Kaepernick, Colin, didn’t, wasn’t, ” John Harbaugh, Joe Hortiz, John Organizations: Los Angeles Chargers, Chargers, Denver Broncos, Baltimore Ravens, CBS, American Heart Association, San Francisco 49ers, 49ers, Chicago Bears, Broncos, AHA, Washington, Athletic, Super, John’s Ravens, Jim’s 49ers

☆ Pope urged at LGBTQ meeting to reverse church ban on gender-affirming care
▼ + stars: | 2024-10-14 | by ( ) www.nbcnews.com time to read: +3 min

VATICAN CITY — Pope Francis faced calls to overturn the Catholic Church’s ban on gender-affirming care for transgender people on Saturday when he held talks with LGBTQ activists at the Vatican. “I really wanted to share with Pope Francis about the joy that I have being a transgender Catholic person,” Michael Sennett, who took part in the meeting, told Reuters. The meeting “means that the church is coming along, the church is joining the modern era,” she said. Gramick’s work with LGBTQ Catholics has attracted the ire of Vatican and U.S. Catholic officials for decades, including Pope Benedict XVI. But she has developed a correspondence with Francis, who first welcomed her for a meeting at the Vatican last year.

Persons: CITY — Pope Francis, “, Pope Francis, ” Michael Sennett, Sennett, I’ve, ”, Cynthia Herrick, Herrick, ” Francis, Jeannine Gramick, Francis, Pope Benedict XVI Organizations: CITY, Vatican, Reuters, Catholic, Ministry Locations: U.S, Boston, Louis , Missouri, Vatican

Kamala Harris and Donald Trump are in a closely divided campaign for white women. Trump, Harris and the battle for white womenGetty Images; APWhite women helped Trump win in 2020. Dr. Theresa Wheeling had always been a registered Republican and voted for Donald Trump during the 2020 presidential election. ➡️ Authorities are investigating after a man with guns in his vehicle was arrested after he was stopped at a checkpoint near a campaign rally for Donald Trump. ➡️ Donald Trump is ramping up his rhetoric depicting his political rivals and critics as criminals.

Persons: Kamala Harris, Donald Trump, Harris, Theresa Wheeling, Roe, she’s, “, ”, Read, ➡️ Donald Trump, ➡️, ➡️ Kamala Harris ’, Joe Biden, ➡️ Harris, Trump, Daniel Hagari, Jasmine Cui, NFL Brad Penner, Caleb Williams, Greg Rosenstein, 🩹, ⚡, J, mak Organizations: NFL, Trump, Voters, Republican, ” Wheeling, NBC News, GOP, NBC, IDF, Aqsa Martyrs Hospital, Dallas Cowboys, Detroit Lions, Lions, Chicago Bears, Jacksonville Jaguars, ards, Cal, U SC, Wea Locations: Wade, Wheeling, Pennsylvania, North Carolina, Gaza, Al, Aqsa, Deir al, Israel, U.S, 🙌T, 5 s

WASHINGTON — Michael Cohen is an unlikely civil rights warrior. Where Cohen, now a voluble Trump critic, aligns with civil rights advocates is on trying to turn the tide on the Supreme Court’s hostility to claims against federal officials for constitutional violations. Cohen also faces an unlikely alliance opposing his request: Joe Biden and Donald Trump. The current president’s Justice Department has filed a brief agreeing with the former president that the Supreme Court should not get involved. In Trump’s brief, his lawyer Alina Habba wrote that lower courts “faithfully applied” Supreme Court precedent in ruling against Cohen.

Persons: WASHINGTON — Michael Cohen, Donald Trump, Cohen, Trump, —, ” Cohen, ”, Mark Milley, William Barr, Jon, Michael Dougherty, Egbert, “ Bivens, Bivens, Patrick Jaicomo, Joe Biden, Elizabeth Prelogar, Biden, Alina Habba, Vladimir Putin, Bill Barr Organizations: Trump, Republican, Joint Chiefs, Staff, Federal Bureau of Narcotics, Border Patrol, for Justice, NBC News, 2nd Circuit U.S, president’s Justice Locations: New York

Eleven people were hospitalized after eating wild and apparently toxic mushrooms on Friday night, a fire agency that serves Pennsylvania Dutch Country said. The station reported that family members foraged wild mushrooms and ate them that night. The U.S. Centers for Disease Control and Prevention says eating mushrooms foraged outdoors should almost never be done except by trained experts known as mycologists. Most of the known mushroom poisonings and deaths in the United States involve foraging of amanita phalloides mushrooms, known as "death caps," in the wild, the CDC said in a report on the toxic fungi. Eating them can cause death as well as abdominal discomfort, nausea, vomiting, diarrhea, dehydration and liver damage, the CDC said.

Persons: WGAL Organizations: Pennsylvania Dutch, NBC, Country, Cardiff Volunteer Fire Company, U.S . Centers for Disease Control, CDC Locations: Peach Bottom, Lancaster , Pennsylvania, Dutch, Philadelphia, Maryland, Delta, United States

Is that what’s going on?”Invoking Trump’s medical history may serve a particular purpose for Harris, reminding voters that they're a generation apart in age and that at 78, Trump is the oldest presidential nominee in U.S. history. Trump told CBS News in August that he would release his medical records. Holding clipboards, Democratic campaign aides approached Harris supporters as they stood in line to enter the arena Sunday, inviting them to knock on doors on her behalf and to staff phone banks. And let’s handle November.”Supporters lined up hours before Harris’ appearance at the East Carolina University basketball arena. A disc jockey kept Harris’ supporters entertained as they waited for her to take the stage, something of a campaign novelty meant to keep the crowd energized throughout.

Persons: Kamala Harris, Donald Trump, Harris, Trump, ”, Trump hasn’t, ” Harris, ” Steven Cheung, Ronny Jackson, Trump’s, “, hasn’t, Barack Obama, Obama, Jimmy Carter, Holding, Chris Schulte, she’s, weaponize, Justice Department “, Harris ’, Tanyetta Hill, they’ve Organizations: CBS, ’, White, CBS News, White House, Republican, Democratic, Trump, Justice Department, East Carolina University, Commodores, Democratic Party Locations: GREENVILLE, N.C, North Carolina, America, United States, Texas, Carolina, Onslow

☆ Jamie Foxx returns to the stage and finds ‘pure love’
▼ + stars: | 2024-10-14 | by ( Lisa Respers France | ) edition.cnn.com time to read: +2 min

CNN —Jamie Foxx hadn’t been on stage for 18 years, but he returned recently for a very special reason. On Sunday he posted photos on social media from his performances in Atlanta showing him on stage including performing on the piano. In a video posted to TikTok in July 2024, Foxx told a group of people that he had a “bad headache” on April 11, 2023. Foxx went on to explain in the footage that he was told his sister and his daughter took him to a doctor, who gave him a cortisone shot. Foxx is known to be guarded about his private life, and he sought privacy as he recovered his health.

Persons: Jamie Foxx hadn’t, ”, “, Foxx, Corinne Foxx, ” Foxx, Ray ” Organizations: CNN, Atlanta Locations: Atlanta, Atlanta Georgia, piedmont, Chicago, Phoenix

☆ Retirees can shop for health-care coverage during Medicare open enrollment. It's a great time to review costs, experts say
▼ + stars: | 2024-10-14 | by ( Lorie Konish | ) www.cnbc.com time to read: +4 min

Changes you can make during open enrollmentDuring Medicare open enrollment, retirees may select new health plans and prescription drug plans. They may switch from original Medicare, which is provided by the federal government, to Medicare Advantage plans that are privately managed. They may also switch from Medicare Advantage to Medicare original or change Medicare Advantage plans. Original Medicare includes Medicare Parts A and B. Medicare Part A covers care provided by hospitals, skilled nursing facilities and hospice, as well as some home health care. Retirees also should be on the lookout for changing Medicare Advantage coverage, Moeller said.

Persons: Tricia Neuman, Ryan Ramsey, Philip Moeller, Moeller, Harris, KFF's Neuman, Neuman Organizations: Getty, Medicare, National Council, Aging, Biden Locations: Connecticut, Maine, Massachusetts, New York

☆ Human sense of smell is faster than thought, new study suggests
▼ + stars: | 2024-10-14 | by ( Jacqueline Howard | ) edition.cnn.com time to read: +5 min

“For comparison, the duration of an eye blink is about 180 milliseconds,” Zhou added. “Our apparatus could be used for therapeutic purposes, such as olfactory training for patients with olfactory loss,” Zhou said. The researchers asked 229 adults in China to wear this device and smell different odor mixtures: two odors presented in quick succession within a single sniff. However, temporal sensitivity is not limited to hearing: our sense of smell can also perceive small temporal changes in odour presentations,” he wrote. In addition, this study sheds important light on the mysterious mechanisms that support human odor perception,” Datta wrote in an email.

Persons: Dr, Wen Zhou, Zhou, ” Zhou, “, Dmitry Rinberg, ”, Sanjay Gupta, Sandeep Robert Datta, ” Datta Organizations: CNN, Chinese Academy of Sciences, University of Chinese Academy of Sciences, Ohio State University, of Neuroscience, NYU Langone Health, CNN Health, Neurobiology, Harvard Medical School Locations: Beijing, China, New York

☆ Bank of America thinks this senior housing stock trouncing the market has another 50% run to go
▼ + stars: | 2024-10-14 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Unappreciated aspects of Welltower , a real estate investment trust, or REIT, that invests in health-care infrastructure, are likely to translate into long-term growth ahead, according to Bank of America. Analyst Joshua Dennerlein reiterated his buy rating on the S & P 500 company, which owns senior housing as well as post-acute care and outpatient medical facilities. He also increased his price target by $61 to $190, the highest on the Street, according to FactSet, which implies nearly 52% upside from Friday's close. This year, the stock has been on a monster run, soaring about 41%, excluding reinvested dividends, versus 22.5% for the S & P 500. The Bank of America recommendation joins several other analysts on Wall Street who are bullish on Welltower.

Persons: Joshua Dennerlein, Welltower, Dennerlein, — Organizations: Bank of America, of, Wall Locations: Toledo , Ohio

☆ How UnitedHealthcare is transforming the prior authorization process for patients and providers
▼ + stars: | 2024-10-14 | by ( Sponsor Post | Sponsored Unitedhealthcare | ) www.businessinsider.com time to read: +7 min

While there's a lot of buzz around prior authorization, it applies to fewer than 2% of claims. UnitedHealthcare is reducing prior authorization requirements with new initiatives to ease administrative tasks and other challenges. According to Dr. Anne Docimo, chief medical officer at UnitedHealthcare, prior authorization is an oft-maligned but necessary part of our health care system. *Understanding when prior authorization is neededDocimo said UnitedHealthcare may seek prior authorization in several scenarios. Modernizing and streamlining the prior authorization processPeople may be surprised to learn that scenarios where prior authorization often comes into play are relatively rare.

Persons: it's, Dr, Anne Docimo, Docimo, UnitedHealthcare, It's Organizations: Card, Insider Studios, UnitedHealthcare, Medicare Locations: UnitedHealthcare's

☆ Health-care costs hit a post-pandemic high. These moves during open enrollment can help
▼ + stars: | 2024-10-14 | by ( Jessica Dickler | ) www.cnbc.com time to read: +7 min

Because of higher costs, employers are considering new ways to adjust their plan offerings, WTW found. Currently, employers subsidize about 81% of health-care plan costs, on average, while employees pay the remainder, according to professional services firm Aon. For workers, health-care expenses are already high: Family premiums for employer-sponsored health insurance rose 7% this year to an average of $25,572, KFF's 2024 benchmark employer health survey found. Health savings accountsAlong with a high-deductible health insurance plan, more than 50% of employers also offer a health savings account, or HSA, which can help with additional health-care costs. This is called supplemental life insurance, or voluntary life insurance, and it's optional coverage that you can add to your employer's basic group policy.

Persons: Aon, there's, Willis Towers Watson, WTW, Mercer, Beth Umland, Tim Stawicki, Regina Ihrke, Gary Kushner, WTW's Ihrke, Ihrke, Gallagher, Tom Kelly Organizations: Finance, Security, Workers, North, Kushner & Company, IRS Locations: U.S, North America

☆ Trump’s extreme vision for America hikes pressure on Harris
▼ + stars: | 2024-10-14 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

CNN —Donald Trump is invoking a vision of an extreme new White House term that would transform America and rock the world. And Vice President Kamala Harris has only three weeks to avert it, as she struggles to restore momentum in a neck-and-neck race to Election Day. Supporters of Vice President Kamala Harris listen to her speak during a rally at Ripon College, in Wisconsin, on October 3. With the nation in such a sour mood, Harris’ incumbency as vice president is a liability. His post underscored what Harris represents for those who fear the very real prospect of Trump’s return.

Persons: Donald Trump, Kamala Harris, Trump baselessly, Harris, “, ”, heckler, Trump, Joe Biden, Sen, JD, genuflection, Vladimir Putin, Bill Clinton, Barack Obama —, “ He’s, Jim Vondruska, Dread, Hillary Clinton, Biden, he’s, ABC’s, it’s, Trump’s, Will Harris, Brendan Smialowski, Doug Sosnik, Harris plateaued, David Chalian, Sosnik, ” Harris, Obama, ” Obama, “ Donald Trump, Chris Murphy, ” Murphy Organizations: CNN, Republican, Sunday, Fox News, Democratic, CBS, Kremlin, Trump, Ripon College, Democrats, ABC, NBC, Electoral College, White, NBC News, Air Force, Joint Base Andrews, Getty Images, Connecticut Democrat Locations: ”, Ohio, Arizona, Colorado, United States, illegals, California, Covid, Russian, North Carolina, Wisconsin, Afghanistan, Pennsylvania, Michigan, Georgia, Maryland, America, Connecticut

☆ Crisis pregnancy center's forms give rare insight into anti-abortion practices
▼ + stars: | 2024-10-13 | by ( Abigail Brooks | Abigail Brooks Is A Producer For Nbc News. | ) www.nbcnews.com time to read: +13 min

The questionnaires, known as client intake forms, give rare insight into the practices of Sage and other crisis pregnancy centers and how they use ambiguous language to describe their services. These practices are typical for crisis pregnancy centers across the country, according to the American College of Obstetricians and Gynecologists. The tactics used at crisis pregnancy centers often create delays that leave women unable to access abortions, forcing them to continue their pregnancies. Most crisis pregnancy centers in the United States are affiliated with either Heartbeat International or Care Net, another anti-abortion network. Like Idaho, North Carolina provides state funding to crisis pregnancy centers.

Persons: Sage, Raúl Labrador, Law360, ”, Michelle Kuppersmith, “, It’s, Linda Prine, Prine, ” Prine, Jayme Trevino, Landy, it’s, ” Trevino, Sage Women’s, Willow, Andrea Trudden, ” Susannah Baruch, Julie von Haefen, she’s, ’ ” von Haefen, “ I’m, von Haefen Organizations: NBC News, Sage, Sage Women’s, Consumer Protection, American College of Obstetricians, Women’s, federal, Insurance, Guttmacher Institute, Heartbeat, NBC, International, Flom Center, Health Law, Biotechnology, Bioethics, Harvard Law School, Care, Democrat Locations: Twin Falls , Idaho, Idaho, Labrador, Colorado, United States, ” North Carolina, Raleigh, North Carolina

The Dui Hua Foundation, which monitors prisoner rights in China, estimates there are about 200 Americans detained here, more than in any other foreign country. All four were representing Americans who had been detained in China for at least eight years. “We continue to push for the release of other wrongfully detained Americans,” Miller said. “I was very excited and happy and hopeful for him and his family,” Wells Sr. said. Wells Sr. said he and his wife, Cynthia, speak with their son once or twice a month, in calls limited to 10 minutes.

Persons: David Lin, Mark Swidan, Kai Li —, “, Lin, ”, Joe Biden, Chris Smith, Jeff Merkley, Li, Paul Whelan, Evan Gershkovich, Kurmasheva, Biden, Nelson Wells, Nelson Wells Jr, Tim Hunt, Dawn Michelle Hunt, Li’s, Harrison Li, Katherine Swidan, ” Wells, ” Hunt, Alice, Alice Lin Wells Jr, Hunt, Wells Jr, —, Wells, We’ve, Nelson Jr, Dawn Michelle, Matthew Miller, Antony Blinken, ” Miller, Cynthia, GoFundMe, James Zimmerman, Zimmerman, ‘ I’m, ’ ” Janis Mackey Frayer, Jennifer Jett Organizations: U.S, Congressional, Commission, Hua Foundation, State Department, White, ”, NBC News, Chinese Foreign Ministry Locations: BEIJING, China, Beijing, United States, Russia, Washington, Chongqing, Chinese, Guangdong, Louisiana, Chicago, Hong Kong

☆ How rich Americans can save on taxes by giving stock and real estate to their parents
▼ + stars: | 2024-10-13 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +6 min

Selling appreciated assets like stock and real estate can trigger high capital gains taxes. She estimates that only a quarter of clients actually go through with upstream planning after discussing it. Thanks to tax cuts made during the Trump administration, individuals can gift or bequeath $13.61 million before triggering a 40% federal estate tax. The federal estate tax doesn't kick in as long as the grandparents' estate does not exceed $27.22 million, the exemption for a married couple. It is possible to unintentionally trigger estate taxes if the assets exceed the exemption amount by the time the parents die.

Persons: —, Pam Lucina, Lucina, Trump, Robert Strauss, Weinstock Manion, haven't, Strauss, You've Organizations: Service, Capital, Northern Trust

CNN —More than 60 people have been injured, several of them critically, in a drone attack in north-central Israel, according to first responders. Hezbollah said it had targeted the Golani Brigade, an infantry unit of the Israel Defense Forces (IDF) that has been deployed in southern Lebanon. The drone attack on Sunday comes two days after another attack in which the IDF said two drones were launched from Lebanon. The Emek Medical Center in northern Israel said it was treating four injured people. Beilinson Hospital said it was treating a further three and Bnei Zion Medical Center in Haifa also said it was treating three.

Persons: “, ”, Hassan Nasrallah, United Hatzalah, Israel, Sheba, Ramat Gan Organizations: CNN, Sunday, Lebanese Ministry of Health, Golani Brigade, Israel Defense Forces, ” CNN, Israel, IDF, Hillel Yaffe, Sheba Tel Hashomer Medical, Rambam, Emek Medical, Beilinson, Bnei Zion Medical Locations: Israel, Binyamina, Tel Aviv, Lebanese, The Lebanon, Lebanon, Herzliya, United, Ramat, Haifa

☆ Earnings will drive the stock market in the week ahead. That's a good thing
▼ + stars: | 2024-10-13 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +7 min

In Friday's look at wholesale inflation, the producer price index was unchanged month over month . We'll hear from Club holdings Morgan Stanley and Abbott Laboratories on Wednesday morning. Morgan Stanley: The ongoing recovery in investment banking will be front and center. That was a key theme in the second quarter , and the hope is that the July-to-September period showed a continuation of the trend for Morgan Stanley. Morgan Stanley has been strong lately, though.

Persons: Jim Cramer, Jim, Gamble, — Wells, industrials, Goldman Sachs, ASML, Morgan Stanley, Morgan Stanley's, Louis, Abbott, Charles Schwab, Johnson, JB Hunt, Kinder Morgan, Huntington, Jim Cramer's, Charly Triballeau Organizations: Club, Dow Jones, Nasdaq, Procter, Federal, JPMorgan, —, Tech, . Utilities, UnitedHealth, Taiwan Semiconductor Manufacturing, Abbott Laboratories, Abbott Labs, NEC, Abbott, Food and Drug Administration, Walgreens Boots Alliance, Citigroup, Bank of America, United Airlines, Interactive, US Bancorp, Citizens, Alcoa, PPG Industries, CSX, Truist, Netflix, Crown Holdings, American Express, Gamble, CNBC, New York Stock Exchange, Financial, Afp, Getty Locations: Wells, U.S, Wells Fargo, St, Taiwan, New York City

☆ They said they were utility workers. But when they left the house the wife was tied up and the husband was dead
▼ + stars: | 2024-10-13 | by ( Paradise Afshar | ) edition.cnn.com time to read: +2 min

CNN —One of two suspects accused of impersonating utility workers before killing a Michigan man and tying up his wife was taken into custody without incident in Shreveport, Louisiana, on Saturday, authorities said. Murray’s wife was tied up and her hands were duct taped before she called 911 Friday and told officials she thought her husband may have been kidnapped, the sheriff’s office said. “While checking the house to make sure it was safe, deputies found the husband’s body in the basement,” the sheriff’s office said. A video of a man wearing a respirator mask and identifying himself and an associate as DTE Energy workers looking for gas leaks was released by the sheriff’s office. “We appreciate the public’s help with giving us tips and information related to the Rochester Hills homicide involving the fake DTE workers,” Sheriff Michael Bouchard said in the release.

Persons: Hussein Murray, Murray, ”, Sheriff Michael Bouchard, Sarah Dewberry Organizations: CNN, Sheriff’s, Oakland County Medical, Energy, DTE, Rochester, Oakland, Prosecutor’s Locations: Michigan, Shreveport , Louisiana, Rochester Hills , Michigan, Oakland

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