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☆ Wyoming Banned Abortion. She Opened an Abortion Clinic Anyway.
▼ + stars: | 2024-03-10 | by ( Kate Zernike | ) www.nytimes.com time to read: +1 min

It was not such an implausible idea, back in 2020, when a philanthropist emailed Julie Burkhart to ask if she would consider opening an abortion clinic in Wyoming, one of the nation’s most conservative states and the one that had twice given Donald Trump his biggest margin of victory. Dr. Tiller’s work had drawn the wrath of the nation’s anti-abortion groups — his clinic had been blockaded, bombed and flooded with a hose before he was shot to death while ushering his regular Sunday church service. When she reopened it instead of moving, the death threats and stalkers shifted to Ms. Burkhart, or, as they called her, Julie Darkheart. Running a clinic in a red state had worn her down, and she was looking to put Wichita and all it represented behind her. But if Wyoming was even more conservative than Kansas, she understood that it was more Cowboy State conservatism, shaped by self-reliance and small government, less interested in regulating what people do behind their drapes.

Persons: Julie Burkhart, Donald Trump, Burkhart, George Tiller, Tiller’s, stalkers, Julie Darkheart Locations: Wyoming, Wichita, Kan, Kansas

☆ After speech, Biden launches major tour plus $30 million ad buy
▼ + stars: | 2024-03-09 | by ( ) www.cnbc.com time to read: +3 min

US President Joe Biden speaks at a campaign event in Philadelphia, Pennsylvania, on March 8, 2024. An estimated 32.2 million people watched Biden's State of the Union speech, according to Nielsen ratings from 14 television networks. Biden campaign officials said they expect an extremely close race against Trump with opinion polls showing a neck-and-neck race for the 270 electoral votes necessary for victory. Polls show Biden, 81, and Trump, 77, closely matched, with most voters unenthusiastic about the rematch after Biden defeated Trump four years ago. Deputy campaign manager Rob Flaherty said the $30 million ad buy over the next six weeks is more than the Biden campaign spent in all of 2023.

Persons: Joe Biden, Biden, Kamala Harris, Donald Trump, Harris, Nielsen, Julie Chavez Rodriguez, Rob Flaherty, Flaherty, Friday Biden, Trump Organizations: Republican, Georgia, Nielsen, Television, Trump, Biden, Democratic, Comedy Central, ESPN Locations: Philadelphia , Pennsylvania, Pennsylvania, , New Hampshire, , Wisconsin, Michigan, Arizona, Nevada, Biden's, Ohio, Florida, Philadelphia, Delaware County

☆ Out of options, Trump will pay $500M cash bond to appeal his NY fraud case, experts predict. Not paying will hurt even more.
▼ + stars: | 2024-03-09 | by ( Laura Italiano | Jacob Shamsian | ) www.businessinsider.com time to read: +10 min

Trump must stow $500M cash in a bank to cover the appeal bond for his NY fraud case, experts say. His next appeal bond will cost him far more. By posting another appeal bond. Similar to the more familiar jail bond, an appeal bond is a promise of payment that's backed by collateral, meaning cash or property. The premium on a half-billion-dollar appeal bond could run anywhere from $250,000 to north of one million dollars, just to purchase the bond, experts guestimated.

Persons: Trump, —, Donald Trump, Jean Carroll, Letitia James —, Sheriff, Eric Snyder, Snyder, Arthur Engoron, Wilk Auslander, He's, Julie Alleyne, Carroll, Chubb, Evan G, Greenberg, Neil Pedersen, Pedersen, Alleyne, Cash, Jeff Bezos, Elon Musk, Christopher Kise, — Chubb, Letitia James, James, Roy Rochlin, Justin Sullivan Organizations: stow, Service, Trump, New York, New, NRA, Fox, Wilk, Fidelity Association of America, Federal Insurance Company, Chubb Group, Sons, Forbes, Bloomberg, ABC, Midtown, Financial, Getty Locations: NY, Manhattan, New York, New York City, Americas, Midtown Manhattan, New Yorkers

Rome, Georgia CNN —President Joe Biden and former President Donald Trump will hold dueling events Saturday in Georgia as their rematch for the White House moves from an inevitable likelihood to an inescapable reality. “Georgia has been ground zero on the national political landscape since 2018,” said Fred Hicks, a Democratic strategist based in Georgia. Trump’s Georgia headwindsBut there are headwinds for Trump in Georgia as well – many of his own making. Many in the party blamed Trump’s election denialism and criticism of mail-in ballots for lower party turnout in those runoff contests. Another Georgia Republican, Rep. Mike Collins, is scheduled to be there as well.

Persons: Joe Biden, Donald Trump, Biden, Trump, Georgia –, ”, Fred Hicks, “, Nikki Haley, It’s, Julie Chavez Rodriguez, Harris, ” Rodriguez, Andrew Heaton, Georgia Democratic Sen, Raphael Warnock, Hicks, ” Hicks, baselessly, Brad Raffensperger, – David Perdue, Kelly Loeffler –, Jon Ossoff, Warnock, Biden’s, Brian Kemp, Raffensperger, Kemp, Fani Willis, Willis, Jule Windham, Laken Riley, Marjorie Taylor Greene, Greene, “ Lincoln Riley, ” Biden, Mike Collins, Riley, Collins, “ You’re Organizations: Georgia CNN, White, Union, Biden, Trump, Georgia, Democratic, South Carolina Gov, Democrats, Senate, Georgia Democratic, MAGA, Inc, Black, Democratic Party, GOP, Georgia Gov, Republican, CNN, University of Georgia, Georgia Rep, Georgia Republican Locations: Rome, Georgia, Atlanta, Peach State, “ Georgia, Mexico, State, Philadelphia, New Hampshire , Wisconsin, Michigan, Trump’s Georgia, Fulton County, Macon County, Middle Georgia, Greene’s Georgia, Collins ’

☆ The No. 1 thing all successful couples do—and more advice from leading love researchers John and Julie Gottman
▼ + stars: | 2024-03-09 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +2 min

In their quest to discover what makes love last, clinical psychologists and researchers John and Julie Gottman interviewed more than 3,000 couples and followed some for as long as 20 years. One commonality most successful couples had, the Gottmans found, was their ability to do "repairs." "The couples who really were successful a few years down the road were the ones who made repairs," Julie Gottman told Perel. Positive interactions included a smile, touching the other person's hand, or simply saying "I understand." Negative interactions were insulting or blaming the other person.

Persons: John, Julie Gottman, Esther Perel, Perel, didn't, John Gottman, Joy

☆ Cramer's week ahead: Earnings from Adobe, Dollar Tree and Dollar General
▼ + stars: | 2024-03-08 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Friday guided investors through next week's most important happenings on Wall Street, highlighting Adobe 's earnings report, as well as ones from Dollar General and Dollar Tree . Dollar Tree reports on Wednesday, and Cramer said Wall Street has long favored dollar stores, adding that the company has a "good a handle on the psyche of the American consumer." The producer price index will be released Thursday, as well as earnings from Dollar General. Like Dollar Tree, he thinks the company will do well, and it will "tell a story of price cutting that the analysts will lap up." But by the end of the week, Wall Street will be buzzing about Nvidia 's conference, which is set to take place from March 18 to 21.

Persons: CNBC's Jim Cramer, Cramer, Kohl's, Tom Kingsbury, Williams, Lennar, Jabil Organizations: Adobe, Dollar, Oracle, Vail Resorts, Holding, Burlington Stores, Sporting Goods, Nvidia Locations: Sonoma

☆ Job growth beats estimates, unemployment rate hits 2-year high
▼ + stars: | 2024-03-08 | by ( Madison Hoff | Juliana Kaplan | ) www.businessinsider.com time to read: +5 min

Read previewFebruary's job growth was strong and similar to January's revised job gain. According to Friday's news release from the Bureau of Labor Statistics, the US experienced job growth of 275,000 in February. Additionally, December's job growth of 333,000 stated in the February release was updated to 290,000 in the new report. Leisure and hospitality saw large job growth in February, with an increase of 58,000. Pollak also pointed out the large job gains seen in December and January were revised downward and an increase in the unemployment rate in February.

Persons: —, Labor Julie Su, Julia Pollak, Pollak, Nick Bunker, Bunker, That's Organizations: Service, Bureau of Labor Statistics, Business, Labor, BLS, North, Labor Statistics Locations: America, North America

☆ From an Unassuming Bungalow, She Created a ‘Micro Versailles’
▼ + stars: | 2024-03-08 | by ( Julie Lasky | ) www.nytimes.com time to read: 1 min

Bonnie McIlvaine has lived in three homes in San Diego County, all on the very same spot. The first was an unheated concrete-block house she bought in 1973 for $32,000. A newly divorced schoolteacher, Ms. McIlvaine wanted a break from urban living. She found herself in a small, hilly town with stretches of undeveloped brushland and woodland, not far from the coastal city of Carlsbad, Calif., where she worked. As she cast her eyes lovingly on the frumpy little building — or, more accurately, on the half acre it sat on — her real estate agent told her, “We can do much better; we’re going to look at tract houses.”But all Ms. McIlvaine could think of was that she had always wanted a horse, and maybe that could happen here.

Persons: Bonnie McIlvaine, McIlvaine Locations: San Diego County, Carlsbad, Calif

☆ Jim Cramer reviews Citi's European 'Super Seven'
▼ + stars: | 2024-03-08 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Friday reviewed the "Super Seven," mega cap European stocks Citi recently named as alternatives to the Magnificent Seven, but with lower valuations. "I want you to think of the Super Seven as a shopping list of high-quality European stocks that could be very attractive on a pullback," he said. Novo Nordisk " came out with the original GLP-1, diabetes and weight loss drug Ozempic. Richemont SAP Schneider Electric Eaton Ferrari"As great as the Super Seven may be, you're not exactly early to any of these stories — most of these stocks are trading at or near their all-time highs," Cramer said. "Of course, you could say the same thing about the Magnificent Seven, but it makes me a little queasy to recommend something that's already had a huge run."

Persons: CNBC's Jim Cramer, Beata Manthey, Bullish, Dior, SAP Schneider Electric Eaton, Cramer, that's Organizations: Citi, Nordisk, Givenchy, SAP Schneider Electric

9 to 0 — I’m going to say that again — 9 to 0, ruled that states can’t keep Donald Trump off their ballots. It’s how — Trump has said to his loyalists, I am your retribution, so maybe we should just look at this as a blueprint for retribution. He’s going to end up — when he gives his big convention speech, he’s going to end up making promises on economic policy, domestic policy, and so on. ross douthatSo here’s why I’m sort of — Carlos, especially to your point — like, trying to focus us on the sharpest possible conflicts. But if most of the country’s political and emotional energy is instead focused on Trump himself, rather than real, actual debates, then I think Trump is winning, period, and the country is losing.

Persons: carlos lozada, polgreen Wow, ross douthat, lydia polgreen, Kiefer Sutherland, carlos lozada Totally, michelle cottle Perfect, lydia polgreen You’re, Kiefer, I’m Ross Douthat, michelle cottle I’m Michelle Cottle, carlos lozada I’m Carlos Lozada, Lydia Polgreen, michelle cottle Chin, Biden, lydia polgreen It’s, —, can’t, Donald Trump, Grover Cleveland, michelle cottle, Jesus, Donald Trump’s, Carlos Lozada, it’s, Carlos, ross, carlos lozada You, “, Trump, Nikki Haley, carlos lozada Yes, He’s, United States — carlos lozada, carlos lozada Harold Meyerson, ”, Harold — carlos lozada —, michelle cottle —, — Trump, Trumpism, lydia polgreen Trump, carlos lozada —, part’s, michelle cottle You’re, Lydia, let’s, Michelle, — ross douthat Michelle, michelle cottle Oh, Hillary Clinton, — ross, lydia polgreen Get, michelle cottle Mexico’s, Mike Shear, Julie Davis’s, ” ross douthat, carlos lozada Michelle, michelle cottle I’m, George Floyd, I’m — ross, polgreen, I’m, — michelle cottle, he’s, lydia polgreen I’m, Dobbs, ross douthat Carlos, we’ve, unquote, carlos lozada Well, carlos lozada He’s, — carlos lozada Boo, Matt Iglesias, That’ll, that’ll, Peter Navarro, doesn’t, there’ll, lydia polgreen There’ll, carlos lozada Ross, there’s, ” michelle cottle, lydia polgreen Couldn’t, John Roberts, Peter Baker, Susan Glasser’s, Maggie Haberman’s, — michelle cottle Beat, ross douthat —, It’s, Asli Aydintasbas, she’s, Ross, Viktor Orbán, Joe Biden, ideologues, ross douthat Lydia, — carlos lozada, ross douthat Go, nope — ross, Miley Cyrus, it’s Truman, I’ve, lydia polgreen There’s, Bilbo, Martin Freeman, michelle cottle Big, michelle cottle Carlos, We’ve, carlos lozada You’re, We’ll, lydia polgreen Bye Organizations: New York, Republican, New York Times, Siena College, Trump, Heritage Foundation, Leadership, GOP, Republicans, HHS, Department of Health, Human Services, Department of Life, CDC, Department of Justice, Justice Department, National Guard, of Homeland Security, Democrats, Politico, America, United States Constitution, Swans, East, Brooklyn, Northwest Missouri State University, carlos lozada Business Locations: New, America, Douthat, ”, Washington, United States, lydia polgreen Get Mexico, Francisco, China, Turkish, Turkey, Manhattan, Brooklyn

☆ Cramer's Lightning Round: GE HealthCare can go higher
▼ + stars: | 2024-03-08 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon GE HealthCare's year-to-date stock performance. Stock Chart Icon Stock chart icon Ares Capital's year-to-date stock performance. Stock Chart Icon Stock chart icon Coherent's year-to-date stock performance. Stock Chart Icon Stock chart icon Pure Storage's year-to-date stock performance. Stock Chart Icon Stock chart icon Manhattan Associates' year-to-date stock performance.

Persons: It's, Ares, I'm, Jim Cramer's Organizations: GE, GE HealthCare, GE Healthcare, Technologies, BWX Technologies, Qualcomm, Ares, Manhattan Associates

☆ With Cyberattack Fix Weeks Away, Health Providers Slam United
▼ + stars: | 2024-03-08 | by ( Reed Abelson | Julie Creswell | ) www.nytimes.com time to read: +1 min

More than two weeks after a cyberattack, financially strapped doctors, hospitals and medical providers on Friday sharply criticized UnitedHealth Group’s latest estimate that it would take weeks longer to fully restore a digital network that funnels hundreds of millions of dollars in insurance payments every day. UnitedHealth said that it would be at least two weeks more to test and establish a steady flow of payments for bills that have mounted since hackers effectively shut down Change Healthcare, the nation’s largest billing and payment clearinghouse, on Feb. 21. But desperate providers that have been borrowing money to cover expenses and employee payrolls expressed skepticism at that estimate, worrying that it could be months before the logjam of claims and payments cleared up. “We have nearly a three-week gap in cash flow,” said Brad Larsen, a psychologist and founder of Portland Mental Health & Wellness in Oregon, adding that the group had received only about 10 percent of its expected insurance payments. He said the practice had to borrow $300,000 to meet its first of two payrolls for the month.

Persons: UnitedHealth, payrolls, ”, Brad Larsen, “ It’s Organizations: Portland Mental Health, Wellness Locations: Portland, Oregon

☆ After an earnings blow out, CEO explains how Gap is 'reigniting' its brand
▼ + stars: | 2024-03-07 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

After Gap 's earnings report topped Wall Street's expectations on Thursday, CEO Richard Dickson told CNBC's Jim Cramer how his company is managing to turn its business around. "We've been reigniting this brand and drawing on what the brand was so special in the first place, really taking on trend products and amplifying it in new ways that only Gap can," he said. "We're using music, we're using fashion as entertainment, and we're taking basic product—linen, denim, wovens, pants—and we're amplifying the narrative around these categories and driving share growth." In addition to its namesake brand, Gap owns brands including Old Navy, Banana Republic and Athleta. "Zac's creative expertise, his cultural clarity, it's consistently evolved American fashion," Dickson said.

Persons: Richard Dickson, CNBC's Jim Cramer, We've, Dickson, he's, Mattel's Barbie, Zac Posen, Richard Dickson's Organizations: Mattel, Old Navy, Banana, Navy Locations: Banana Republic

☆ If you and your partner use any of these 5 phrases regularly, your relationship is stronger than most
▼ + stars: | 2024-03-07 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +2 min

The most successful couples, according to psychologists, regularly express devotion, understanding, and contrition. Here are the five phrases that couples who have a strong connection use most, according to experts. The one phrase they say all successful couples use often is "thank you." Harvard psychologist Cortney Warren says successful couples don't avoid conflict, they just better navigate it. This might seem obvious, but communicating your promise to one another can help you and your partner feel validated.

Persons: John, Julie Gottman, —, Cortney Warren, Warren Organizations: CNBC, Harvard

☆ Cramer's Lightning Round: Transocean is 'too down and out'
▼ + stars: | 2024-03-07 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

Stock Chart Icon Stock chart icon Sprout Social's year-to-date stock performance. Stock Chart Icon Stock chart icon MannKind's year-to-date stock performance. Stock Chart Icon Stock chart icon Riot Platforms' year-to-date stock performance. Stock Chart Icon Stock chart icon Transocean's year-to-date stock performance. Stock Chart Icon Stock chart icon SoFi's year-to-date stock performance.

Persons: Sprout, they're, it's, I've Organizations: Dutch Bros, Halliburton

☆ Cramer explains the economy by looking at the cost of potato chips and microchips
▼ + stars: | 2024-03-07 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Thursday opined on the economy, remarking on the country's sizeable wealth gap using a "chip" analogy. He said wealthy investors and businesses are devouring microchip companies while the cash-strapped consumer balks at the inflated cost of food items like potato chips. He noted that Nvidia shares shot up so much that its investors would not know the price difference between name-brand and generic potato chips. Unlike potato chips, costly microchips deliver businesses such large returns on their investments that they're addictive, he added, saying they're essential to new generative artificial intelligence products. "Maybe one day the productivity gains we get from these microchips will make potato chips more affordable," Cramer said.

Persons: CNBC's Jim Cramer, twain, I've, Cramer, Mark Zuckerberg, Zuckerberg, Meta Organizations: Nvidia, Big Tech

☆ Jim Cramer names companies and sectors poised to rally on the AI wave
▼ + stars: | 2024-03-06 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Wednesday said artificial intelligence is going to be essential to big market rallies over the next few years. But the computing power needed to run AI-enabled machines is "at the heart of the current re-industrial revolution," Cramer said, and will bring stocks from a variety of sectors with it. The amount of construction needed to build new data centers is part of the reason stocks like Caterpillar are performing well, he said. And according to Cramer, power management company Eaton is also seeing gains because of the demand to help power grids deal with all of this excess electricity. Vertiv is doing well because it helps take care of wiring in data centers, he added.

Persons: CNBC's Jim Cramer, Cramer, Eaton Organizations: Nvidia, Caterpillar, Constellation Energy

☆ Cramer's Lighting Round: New Fortress Energy is a buy
▼ + stars: | 2024-03-06 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Palantir's year-to-date stock performance. Stock Chart Icon Stock chart icon UiPath's year-to-date stock performance. Stock Chart Icon Stock chart icon Schlumberger's year-to-date stock performance. Stock Chart Icon Stock chart icon New Fortress Energy's year-to-date stock performance. New Fortress Energy : I want you to buy it [buy, buy, buy!]."

Persons: I'm, Jim Whitehurst Organizations: Schlumberger, HAL, Unity Software, New Fortress Energy

☆ CrowdStrike CEO says cybercriminals are leveling up: 'It’s going to be the battle of AI in the future'
▼ + stars: | 2024-03-06 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

He said generative AI is democratizing "very esoteric techniques and attacks," for adversaries who don't have the same sophistication or skill level. "What we talked about in the earnings call is the ability to create more adversaries with lower skill levels, but operating at a much higher skill level, leveraging generative AI," Kurtz said, "Of course, on the security side, we leverage generative AI to help protect our customers, so it's going to be the battle of AI in the future." CrowdStrike aims to create a single, more simple platform that can stop breaches and "add capabilities seamlessly," he said. He mentioned a seven-figure deal CrowdStrike made during its more recent quarter with a mega cruise line. "People may try to buy something, they may think it's cheaper, it's not: free is not free," he said.

Persons: George Kurtz, CNBC's Jim Cramer, Kurtz, cybercrime, CrowdStrike

☆ Jim Cramer says this market action is indicative of a top, not a bubble
▼ + stars: | 2024-03-05 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Tuesday reviewed Tuesday's declines, saying this action doesn't indicate a market bubble, but that stocks may be hitting their tops. "Toppy" action may not be great, he said, but it's "much less devastating than a burst bubble." That's toppy," Cramer said. Tesla's seeing poor sales in China, Cramer said, and the competition from Chinese electric vehicle makers is stiff. Cramer called this kind of action "idiotic," and said Super Micro Computer is the frothiest stock in the market .

Persons: CNBC's Jim Cramer, That's, Cramer, Apple, — Organizations: Nasdaq, Dow Jones, Apple, Micro, Nvidia Locations: China

☆ Cyberattack Paralyzes the Largest U.S. Health Care Payment System
▼ + stars: | 2024-03-05 | by ( Reed Abelson | Julie Creswell | ) www.nytimes.com time to read: +2 min

An urgent care chain in Ohio may be forced to stop paying rent and other bills to cover salaries. In Florida, a cancer center is racing to find money for chemotherapy drugs to avoid delaying critical treatments for its patients. These are just a few examples of the severe cash squeeze facing medical care providers — from large hospital networks to the smallest of clinics — in the aftermath of a cyberattack two weeks ago that paralyzed the largest U.S. billing and payment system in the country. They also urged health insurers to waive or relax the much-criticized rules imposing prior authorization that have become impediments to receiving care. And they recommended that insurers offering private Medicare plans also supply advanced funding.

Organizations: Change Healthcare, UnitedHealth, Human Services Department Locations: Ohio, Florida, Pennsylvania

☆ Accenture CEO talks new 'LearnVantage' program that upskills workers in AI & tech
▼ + stars: | 2024-03-05 | 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 EmailAccenture CEO talks new 'LearnVantage' program that upskills workers in AI & techJulie Sweet, Accenture CEO, joins 'Closing Bell Overtime' to talk its new AI training service and how it is being implemented with its clients.

Persons: Julie Sweet Organizations: Accenture

☆ Cramer's Lightning Round: 'You should own' BlackRock
▼ + stars: | 2024-03-05 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

Stock Chart Icon Stock chart icon VICI Properties' year-to-date stock performance. Stock Chart Icon Stock chart icon Generac's year-to-date stock performance. Stock Chart Icon Stock chart icon Cabaletta Bio's year-to-date stock performance. Stock Chart Icon Stock chart icon Portillo's year-to-date stock performance. Stock Chart Icon Stock chart icon BlackRock's year-to-date stock performance.

Persons: I'm, Cabaletta, It's, I've, Powell Organizations: Regions, Powell Industries, BlackRock

☆ Inspire Brands CEO is 'pleasantly surprised' about the resiliency of consumers
▼ + stars: | 2024-03-05 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Despite the ongoing pressures of inflation, Inspire Brands CEO Paul Brown told CNBC's Jim Cramer on Tuesday he's seen that consumers have been resilient. Inspire Brands owns numerous well-known restaurant chains including Dunkin', Baskin-Robins, Buffalo Wild Wings, Arby's, Jimmy John's and Sonic. "We see about 75% of Americans every year in one of our restaurants, given the breadth of our brands," Brown said. "So we do see the nation, and we have been pleasantly surprised about the resiliency. Correction: A previous version of this story mischaracterized the name of Inspire Brands.

Persons: Paul Brown, CNBC's Jim Cramer, Dunkin, Jimmy John's, Brown Organizations: Inspire Brands, Baskin, Robins, Buffalo Wild Wings Locations: Rhode Island

☆ CEO explains how Coterra manages unpredictable commodity pricing
▼ + stars: | 2024-03-04 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Coterra CEO Tom Jordan told CNBC's Jim Cramer on Monday how the oil and gas company deals with unpredictable commodity pricing, emphasizing the "flexibility" of its assets. The price of natural gas has been volatile over the past few months, and in February it hit its lowest level since 2020. But Jordan said Coterra is able to project stable revenue and cash flow because of its "asset quality" and "organization." Coterra announced during its most recent earnings report it would cut back its natural gas production and instead invest more heavily in oil. However, Jordan said the company is "well-positioned" and has plans in place to increase natural gas production if necessary.

Persons: Tom Jordan, CNBC's Jim Cramer, Jordan, Coterra

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