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SolarEdge Technologies — The solar stock tumbled about 19% after the company reported $991 million in revenue, missing analysts' estimates of $992 million, according to Refinitiv. CVS Health — The retail pharmacy stock gained 4% during midday trading Wednesday after the company posted strong earnings and revenue for the second quarter. The company reported adjusted earnings per share of $1.29, topping the $1.10 expected from analysts polled by StreetAccount. Starbucks' adjusted earnings per share for the fiscal third quarter was $1, versus the 95 cents expected by analysts, per Refinitiv. Chinese tech stocks — Shares of Chinese technology stocks dropped after regulators in China proposed limits on smartphone use for minors.
Persons: SolarEdge, Norwegian's, Emerson Electric's, Pinterest, Generac, Freshworks, Genuity, Robinhood, CNBC's Hakyung Kim, Pia Singh, Alex Harring Organizations: SolarEdge Technologies, CVS Health, CVS, Wall Street, Cruise, Susquehanna, Emerson, StreetAccount, Revenue, Wall, FactSet's, Starbucks, Bank of America, JPMorgan, Scotts Miracle, Gro, Scotts, JD.com, Baidu, Tencent Locations: Refinitiv, China
A group of researchers was able to successfully engineer "virgin birth" in fruit flies. "I couldn't believe it," Sperling told the Washington Post. A backup for isolated femalesThe experiment was conducted on fruit flies because they are model organisms, or simple non-human species that are usually studied to better understand biology. "Fruit flies are incredibly special because they are basically the first model organism and have been studied for over 100 years," Sperling told the Post. Virgin births could help certain species and act as a "backup" for isolated females, according to The Guardian.
Persons: Alexis Sperling, Sperling, Hannah Maude, Nature Organizations: Service, Privacy, University of Cambridge, Washington Post, Imperial College London, Times, Guardian Locations: Wall, Silicon, parthenogenesis
Record heat wave could give pest companies a sales uptick
  + stars: | 2023-07-28 | 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 EmailRecord heat wave could give pest companies a sales uptickCNBC's Pippa Stevens joins 'The Exchange' to discuss how warmer weather contributes to higher rates of pests, what companies are capitalizing on rising pest numbers, and opportunities for acquisition in the pest control space.
Persons: Pippa Stevens
Analysts' at Bank of America have named a host of stocks that are poised to outperform heading into second earnings season. The bank said this week there are several "high quality" buying opportunities that aren't getting enough investor attention. CNBC Pro combed through the top Bank of America research to find analysts' favorite ideas as earnings releases ramp up. They include: Mondelez, SolarEdge , Rollins, Thomson Reuters and Broadcom. Bank of America recently initiated coverage of the stock with a buy rating, calling Rollins "a high-growth compounder through economic cycles."
Persons: SolarEdge, Rollins, Thomson, Jason Haas, Haas, BofA, Julien Dumoulin, Smith, Dumoulin, Heather Balsky, Balsky, Dirk Van de, MDLZ Organizations: Bank of America, CNBC, Thomson Reuters, Broadcom, Rollins, . Bank of America Locations: 2Q23, Europe, U.S
Voris earns enough income to pay her bills and have extra money for things she enjoys. She said her video game subscription is one thing she'd never cut back on — even during a recession. Since recessions are uncontrollable, I tend not to stress about the possibility of one, but there are things I'll always spend money on no matter what. Coffee subscriptionI have a coffee subscription to pump me up in the morning. If a recession ever hits and forces me to alter my spending, I'd cut back on things based on its aftermath.
Persons: Elissa Voris, Voris, , Dolby, it's, I'd, Logan Organizations: Dolby, Service, Costco, Apple, CPA Locations: , Enumclaw , Washington, Los Angeles, mlogan
She said her video game subscription is one thing she'd never cut back on — even during a recession. My career kicked off 17 years ago at a Los Angeles startup and I've been working as an engineer ever since. Since recessions are uncontrollable, I tend not to stress about the possibility of one, but there are things I'll always spend money on no matter what. Coffee subscriptionI have a coffee subscription to pump me up in the morning. So I pay $50 a month for my coffee subscription.
Persons: Elissa Voris, Voris, , Dolby, I'm, it's, I'd, Logan Organizations: Dolby, Service, Costco, Apple, CPA Locations: , Enumclaw , Washington, Los Angeles, mlogan
The sight is one that beekeepers say is understandably intimidating to the ordinary person out for a walk: a sliver of sky suddenly darkening amid the collective roar of thousands of honeybees before they cluster on branches or bushes. In Britain, the behavior, known as swarming, typically takes place from May to July and is a natural process in which a honeybee colony splits in half and leaves with a queen bee in search of a new home. But the country is currently experiencing a greater numbers of sightings for this time of year, most likely thanks to unseasonably warm weather that followed a cold, wet spell. As a result, beekeepers and pest-control workers who catch the swarms are reporting a surge in calls for their help as members of the public spot the clusters in backyards, in chimneys and even on barriers along city streets. “We’re fully booked for the next four weeks,” said Rob Davies, a pest controller in Shropshire, in central England, who specializes in dismantling and rebuilding structures like chimneys to rescue honeybees, adding that he was getting “ridiculous” volumes of people calling for assistance.
Persons: We’re, , Rob Davies Locations: Britain, backyards, Shropshire, England
Some Amazon workers got a full paid day off after they said they found a bed bug in a delivery van. The Amazon air hub in Northern Kentucky is at the center of a union organizing push. Some Amazon workers received a full paid day off on Monday after they claimed to have discovered a bed bug in one of the company's delivery vans at its largest air hub in Kentucky. Experts have since confirmed the insect in question was not a bed bug." It's not the first time Amazon workers have reported bed bug concerns.
Persons: Steven Kelley, Mary Kate Paradis, Northern Kentucky KCVG, they've, It's Organizations: Amazon, Guardian, Northern Kentucky KCVG, Amazon Labor Union Locations: Northern Kentucky, Kentucky, Staten, Texas
Swarm of bees delays a Delta flight by three hours
  + stars: | 2023-05-04 | by ( Marnie Hunter | ) edition.cnn.com   time to read: +3 min
CNN —A swarm of bees touched down on a parked Delta Air Lines aircraft Wednesday, delaying a flight from Houston to Atlanta for about three hours. Delta apologized to customers on the delayed flight. My flight leaving Houston is delayed because bees have congregated on the tip of one of the wings. A swarm of bees delayed an Air India flight in 2019. The airport involved in Wednesday’s bee-related delay hasn’t joined in airport beekeeping efforts – yet.
NEW YORK, NEW YORK - APRIL 24: A person walks past a First Republic bank branch in Manhattan on April 24, 2023 in New York City. First Republic , JPMorgan Chase — First Republic shares and were halted after JPMorgan Chase acquired the ailing bank and most of its assets after regulators seized control. General Motors — The automaker gained 2% after Morgan Stanley upgraded General Motors to overweight from equal weight and called the stock oversold. — Regional bank stocks were volatile on Monday as investors reacted to the seizure and sale of First Republic Bank over the weekend. However, management said on the company earnings call Monday that demand for loans originating from the fourth quarter would see a lower monetization level due to higher interest.
The former schoolteacher, who's become New York's "rat czar," may face an uphill battle to succeed. An urban-rat expert said Kathleen Corradi must realize rats are not the "enemy." "The 'real city rats' are the men and women of bureaucracy," Michael Parsons told Insider. The 'real rats' of New York CityCorradi's task comes after residents reported almost 3.2 million rat sightings last year to the city's 311 service-request line. Parsons said that the rat czar may face an uphill battle not because of the rodents, "but instead due to the 'real city rats' — the men and women of bureaucracy and their two-and-a-half centuries of bad practice."
UK's blue-chip FTSE 100 (.FTSE) gained 0.4%, rebounding from its steepest fall in over a year on Wednesday. British banks (.FTNMX301010) gained 1.8%, after falling 5.6% in the previous session. Rentokil Initial (RTO.L) jumped 6.1% to the top of the FTSE 100 after the pest control services provider lifted its medium-term outlook after posting a better-than-expected annual profit. The more domestically-focussed FTSE 250 midcap index (.FTMC) were subdued, though asset manager Bridgepoint Group (BPTB.L) rose 2.9% after reporting a higher revenue for 2022. Reporting by Shashwat Chauhan in Bengaluru; Editing by Savio D'Souza and Uttaresh VenkateshwaranOur Standards: The Thomson Reuters Trust Principles.
She quit her job at a bank to work as a domestic cleaner before training in the specialty. So in March 2019 I left my job, and in April I started working as a domestic cleaner, cleaning an office. When the pandemic hit, I also started working alongside the council doing COVID cleans. When the council offered me a cleaning job involving needles, I was terrified and turned it downI was always scared of injections. If a job is small and urgent, like cleaning a house after someone's been stabbed, I work on it alone.
A woman found a cockroach in her husband's chicken tender at Slim Chickens on their anniversary. Haile Kirkland said she tried to "quietly" address the problem, but had to battle to get a refund. The restaurant's owner sent her an email to apologize and asked her to remove a social media post. He told her to look at it and Kirkland saw "the cockroach cooked into the side of the chicken." Slim Chickens didn't immediately respond to a request for comment from Insider made outside normal working hours.
STELLENBOSCH, South Africa, Jan 16 (Reuters) - Flocks of white, black and brown ducks hunt for snails and bugs as they patrol the grapevines at a vineyard in South Africa's winemaking town of Stellenbosch, helping the owners steer clear of pesticides and synthetic fertilisers. Around 500 Indian runner ducks work as a natural pest control at the Vergenoegd Löw Wine Estate, but also entertain wine-quaffing tourists. "We call them the soldiers of the vineyards," the managing director of the estate, Corius Visser, told Reuters. Ducks are at the heart of the winery's regenerative agriculture practices, and specifically Indian runner ducks, which have long legs and an upright posture, meaning they are able to reach for snails between the leaves. Nutrient-rich manure from the ducks and other animals ensure the vineyard runs as sustainably as possible.
Twitter staff have spotted cockroaches in changing rooms and showers, sources told Insider. A representative for the company that owns the office building declined to comment. Staff at the office in Chelsea have seen cockroaches in the showers and a changing room at the facility, sources said. Twitter is the only direct leasee at the office building which is listed as a "Class B" building on CoStar, a commercial real estate database. Some staff at Twitter's headquarters in San Francisco have been sleeping in the office after Musk issued an ultimatum for staff to work "extremely hardcore."
California's monarch butterflies made a miraculous rebound from nearly disappearing in 2020. I visited Pacific Grove, AKA "Butterfly Town, USA," to see the monarch migration for the first time. Monarch butterflies fly at the Sierra Chincua butterfly sanctuary in Angangeo, Michoacan state, Mexico. Monarch butterflies fly at the Sierra Chincua butterfly sanctuary in Angangeo, Michoacan state, Mexico. When I was a child, I didn't see monarch butterflies, but they were already in decline.
Rivian has not identified any impacts on production as a result of these pest control measures. The company has received reports of bedbug sightings on forklifts in an "isolated area" of the manufacturing plant in Normal, Illinois. "We investigate every report and take appropriate actions per our pest control contractor," Rivian spokesperson Zach Dietmeier told Insider in an emailed statement. Dietmeier listed the following actions being taken by Rivian to address the bedbug issue:Rivian has hired a professional pest control company. The bedbug reports come as Rivian works to ramp up a second shift of production at its assembly plant this quarter.
New York City is hiring a leader to fight against residents' common enemy: rats. New York is the country's "second-rattiest" city, according to pest control company Orkin's most recent annual rankings. One performance actor, Jonothon Lyons, patrols the city's subway stations and park trash cans wearing a latex rat head. On Thursday, he tweeted an article about the position, writing: "If you have the drive, determination, and killer instinct needed to fight New York City's relentless rat population — then your dream job awaits." In October, the New York Sanitation Department announced that New Yorkers will be fined for putting trash on the curb before 8 p.m. starting in April 2023.
Help wanted: New York City seeks 'badass' rat czar
  + stars: | 2022-12-02 | by ( ) www.reuters.com   time to read: +2 min
Rat sightings on the streets, in subways and even homes have jumped 71% over in the past two years, according to the city's sanitation department. "There’s NOTHING I hate more than rats," Mayor Eric Adams said in a tweet on Thursday in announcing the job posting. "If you have the drive, determination, and killer instinct needed to fight New York City’s relentless rat population - then your dream job awaits." The trash has encouraged the explosive growth of the city's rat population. Urban legend says there is one rat for each of New York City's 8.8 million residents.
Those real estate ventures aren't their only income streams. But the real estate business is particularly important to them, both financially and symbolically, they say. Of their multiple income streams, the real estate investments give them the most bang for their buck. High costs, high rewardsAfter realizing they had a knack for flipping housing, the couple started venturing into real estate during the winters, when Michigan weddings were sparse. Jamie and Sarah spend an additional 40% of those earnings on services like trash collection, ground maintenance and pest control.
London CNN Business —Pests destroy up to 40% of the world’s crops each year, causing $220 billion in economic losses, according to the UN Food and Agriculture Organization (FAO). Trapview is harnessing the power of AI to help tackle the problem. Targeted interventionsThe automated devices have been used to monitor grapes, tomatoes, olives, tree fruits, and, pictured here, brassicas. Štefančič says that Trapview can significantly reduce the use of chemical sprays and the need for farmers to visit their fields. Trapview says it has sold over 7,500 devices in more than 50 countries since it launched in 2012.
Real estate investor Stephen Yin spoke to Insider about the realities of being a landlord. Yin is based in Los Angeles for his day job but buys real estate in Birmingham, Alabama, where he grew up. But when I'm not actively buying, I don't spend much time on real estate." Especially if you're investing out-of-state, having a good property manager on your team is completely worth the cost, he said. But, ultimately, "the stress is totally worth it," said Yin, who hopes to build generational wealth through real estate investing.
For those only exposed through food, the EPA says that glyphosate residues on food are safe up to certain thresholds. The chemical giant Monsanto introduced glyphosate in its product Roundup in 1974. “Glyphosate is the most widely used chemical weedkiller in human history because of genetic engineering,” said Dave Murphy, the founder of Food Democracy Now, an advocacy group that tests glyphosate in food. “It’s sprayed ubiquitously and Monsanto has, for decades, just maintained that it’s the safest agricultural chemical ever made.”The EPA’s safety limits for glyphosate exposure from food are twice the levels allowed in the European Union. The company pointed NBC News to other studies — including some that it has sponsored — that either refuted a link to cancer or challenged the relationship between acres sprayed and exposure levels.
Harley-Davidson — Shares of the motorcycle company climbed 13% after Harley reported quarterly earnings beat top- and bottom line estimates. The per share loss was 0.99 euros per share on 3.04 billion of euros in revenue. Analysts surveyed by Refinitiv were expecting a loss of 0.85 euros per share and 3.02 billion of euros in revenue. Visa reported earnings of $1.93 per share on revenue of $7.79 billion. CMG reported revenue of $2.22 billion versus the $2.23 billion expected by analysts surveyed by Refinitiv.
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