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AdvertisementSherzai knows it's tempting to reach for a novel, quick-fix potion that promises to boost brain health, like a fancy supplement, an expensive gummy, or a new smoothie powder. Why chlorophyll from plants is more powerful than green juices and supplementsLots of chlorophyll on the table here. fcafotodigital/Getty ImagesWhen we eat green plants, we are consuming a green pigment molecule called chlorophyll, which helps plants photosynthesize — capturing solar rays and converting them into energy to grow. What we do know is that you can get the health benefits if you consume chlorophyll in its original packaging. Galina Oleksenko/Getty ImagesSherzai recommends incorporating more of the darkest green plants like spinach and kale into your diet when you can.
Persons: , Dean Sherzai, Chicago —, Dean, Ayesha Sherzai, he's, Troy Magney, Davis, Magney, you'll, Kale, Galina Oleksenko, It's, Amber Flores, Flores Organizations: Service, National Institute, Aging, Business, University of California, UC Davis Locations: Chicago
Southwest Airlines is getting rid of open seating
  + stars: | 2024-07-25 | by ( Chris Isidore | ) edition.cnn.com   time to read: +4 min
Southwest said customers were clamoring for these changes – when people switch to a competitor from Southwest, the company said the No. But the change will also help the company charge some passengers more for their tickets. “The research is clear and indicates that 80% of Southwest customers, and 86% of potential customers, prefer an assigned seat,” said the airline in a statement. Southwest doesn’t charge for carry on bags and has long allowed passengers to check two bags for free. The premium seats, which will offer more legroom, will not be available until 2025 as it will require reconfiguring its planes.
Persons: , Max Organizations: New, New York CNN, Southwest, United, Delta, Boeing Locations: New York, Southwest, Delta
When the white Gen X child turned 27 in 2005, they could expect to make more than $34,000. But Mr. Cain did have a strong community — which he said taught him entrepreneurship and showed him he could dream big. Mr. Cain, 35, got a two-year degree in business management and first worked as a bank teller and financial adviser. At the same time, white millennials born to poor parents had a harder time than their white Gen X counterparts. Unlike Mr. Cain, Mr. Brown did not have a strong sense of community, as he bounced between his mother, his father and his grandparents.
Persons: Lawrence Cain Jr, Cain, , Asa Featherstone, Black, Derek Brown, Brown, He’s, , It’s, ” Mr, Raj Chetty, Stefanie A, DeLuca, David B, Ralph Richard Banks, wasn’t, Benjamin Goldman, Cain’s Organizations: Abundance University, Business, Harvard, The New York Times, General Electric, Richer, Johns Hopkins University, Stanford, People, Black, White, Conservatives, Local, Bank of America Locations: Cincinnati, Northside, America, United States, American, China, India, Charlotte, N.C
It also came in above the high end of management's guidance. But here's the root of Thursday's selling: Honeywell downwardly revised its full-year guidance for segment margin, earnings per share, and cash flow guidance. The changes are tied to the inclusion of previously closed and announced acquisitions, as well as a slower-than expected-rebound for short-cycle businesses. Unfortunately, despite some "pockets of short-cycle strength," other short-cycle businesses "are not accelerating as much as we had hoped," CFO Greg Lewis said on the call. But here's the root of Thursday's selling: Honeywell downwardly revised its full-year guidance for segment margin, earnings per share, and cash flow guidance.
Persons: Honeywell downwardly, Greg Lewis, Vimal, Lewis, abate, Jim Cramer's, Jim Cramer, Jim, Daniel Barry Organizations: Honeywell, Revenue, LSEG, Emerson, Aerospace Technologies, Management, Aerospace, Automation, Carrier's, Solutions, CAES Systems Holdings, Air Products, Industrial Automation, Energy, Sustainability Solutions, CNBC, Bloomberg, Getty Locations: UOP, Morristown , New Jersey
The Olympics will challenge wireless providers as 15 million people seek internet access at once. To meet that expectation, telecommunications companies must bolster Paris' 5G network, the technology system that powers users' mobile-internet access. Harnessing private 5G infrastructureOrange is installing cellphone antennas on boats and extension units in sporting venues to bolster its 5G network. It uses 5G's network-splicing capabilities to reserve a part of the public 5G network for private use. To support the 2024 Olympics' connectivity needs, network providers must prepare to rely on 5G's strength.
Persons: , they'll, Bertrand Rojat, Rojat, wouldn't, Stephen Giles, Giles, Katherine Ainley, Leila Jordan Organizations: Service, Olympic Games, KT Corp, Olympic, Broadcasters, Prix, UEFA European Football, Stade de France, Rugby, Cisco, NTT Data, International Olympic Committee, Ericsson Locations: Paris, South Korea, Tokyo, France, Orange, French, Ireland
After visiting 48 of the 50 US states, Chicago is my favorite place to be in the summer. Here's why I love Chicago summers. Latifah Al-HazzaThe city prides itself on being home to over 20 Michelin-starred restaurants and having a diverse food culture. The city's public Divvy bikes are easy to rent and a great way to see the city in the summer. The event offers incredible city views and access to the indoor aquarium, providing a cool respite from the heat.
Persons: , Latifah Al, Chiya Chai, Café Tola, Lou Malnati's, Diego, Jackson, Ping, Fulton Organizations: Service, Windy City, Business, Chicago Architecture, Chicago Riverwalk, Michelin, Café Tola, Indienne, Chicago café, Hazza, Art Institute of Chicago, Field Museum, Museum of Science, Industry, Chicago World's Fair, Art, Logan Square Arts, Pitchfork, Chicago Blues Festival, Lakeview Taco Fest, NASCAR, Chicago Air, Water, Chicago Locations: Chicago, Café, Lake Michigan, Beach, Ping Tom, Windy City Smokeout, Lakeview, Sueños
Consumer need for speed in package delivery, which has reached its apex with same-day shipping, has placed retailers in a tough spot when it comes to managing transportation costs. Retail executives surveyed say as more — especially younger — consumers demand same-day delivery, the financial payoff isn't there. Roughly three-quarters (76%) of retail executives surveyed by AlixPartners said delivery cost on a per-package basis has increased since last year, and three out of four said home delivery does not add to profitability. 1 priority for last-mile delivery. To save on delivery costs, retailers are moving away from reliance on single carriers in last-mile delivery.
Persons: AlixPartners, Marc Iampieri, Iampieri Organizations: UPS, FedEx, Retail, Carriers, Teamsters Locations: Manhattan, New York City
But this was not a Microsoft issue. Tom ChittyWe're going to talk more about who CrowdStrike are, I think, you know, some people would probably never have heard of CrowdStrike. Lots and lots and lots of global businesses rely on CrowdStrike for their security. I had first seen that and thought it was a Microsoft issue, the reason why Windows crashed on my PC. It was a CrowdStrike issue.
Persons: Tom Chitty, We'll, I've, Arjun Kharpal, you've, Tom Chitty We're, let's, Arjun Kharpal CrowdStrike, George Kurtz, Kharpal, CrowdStrike, they're, it's, they've, Tom Chitty Well, what's, Arjun Kharpal We'd, Iyou, It's, who've, there's, Ciaran Martin, Patrick Anderson, Arjun, Tom, Tom Chitty We'll Organizations: Microsoft, Industries, CNBC, Netflix, NBC, Sky News, Tom Chitty Airlines, Civil Aviation, CrowdStrike, U.S, Board, U.S . Homeland Security Department, Google, National Cybersecurity Center, Anderson Economic Group, CNN Locations: U.S, beyondthevalley@cnbc.com, CNBC's London, London, Europe, China, Russia, Arjun Kharpal China, Moscow, what's, Michigan
It’s just a decisive move toward America First on foreign policy.”Trump’s selection of Vance is one of the clearest barometers of the former president’s tightening hold over the GOP. Those included Christian conservatives, the business community, congressional insiders and traditional Republican foreign policy hawks shaped by Ronald Reagan’s vision of the US as the muscular leader of the free world. Instead, with Vance, Trump chose an acolyte and potential successor who could deepen and extend the direction the former president has set for the party. Vance has been most unequivocal in criticizing the internationalist approach to foreign policy centered on robust alliances. With the selection of Vance, Trump has broadcast his belief that he has conclusively won the internal GOP debate over all aspects of US interactions with the world – foreign policy, immigration and trade.
Persons: Ohio Sen, JD, Donald Trump’s, Republican Party’s reorientation, Vance, Trump, Trump’s, , Bill Kristol, , It’s, Mike Pence, Ronald Reagan’s, Geoffrey Kabaservice, Dwight Eisenhower, Sen, Robert Taft, Taft, Richard Nixon, Ronald Reagan, George W, Bush, John McCain, Mitt Romney –, Patrick J, Buchanan’s, George H.W, George H.W . Bush, John Bolton, Bolton, James Mattis, Mark Esper, State Rex Tillerson, Mike Pompeo, Ivo Daalder, Barack Obama, Richard Fontaine, Republican Sen, Fontaine, “ Vance, Matthias Matthijs, Vance’s, Ohio Republican unreservedly, Donald Trump, ” Vance, Steve Bannon, Joe Biden, Adam Kinzinger, He’s, he’s, Biden, ” Trump, Vladimir Putin, Volodymyr Zelensky, ” Daalder, ” Matthijs, Putin, Aaron Friedberg, Gabriel Schoenfeld, Nikki Haley, Reagan, Haley Organizations: CNN, Ohio, Republican, GOP, Trump, America, New, Niskanen Center, Republican Party, American Free Trade, NATO, , H.R, McMaster, Defense, State, Chicago Council, Global Affairs, Center, New American Security, Johns Hopkins ’ School, International, Senate, Ohio Republican, NAFTA, Fox News, Air Force, National Guard, Businessweek, Taiwan, Biden, Chicago, South Carolina Gov, Ukraine Locations: New York, mollifying, Europe, Soviet Union, China, Canada, George H.W ., Asia, Ukraine, New American, Russian, Johns, America, Pennsylvania, Michigan, Israel, Taiwan, Vietnam, Afghanistan, Iraq, Milwaukee, Moscow, , Wisconsin, Mexico ”, Kabul, Kyiv, Trump
When to File a Car Insurance Claim
  + stars: | 2024-07-24 | by ( Alani Asis | Paul Kim | Read More | ) www.businessinsider.com   time to read: +12 min
Understanding Car Insurance ClaimsWhat is a Car Insurance Claim? Types of Car Insurance ClaimsCommon car insurance coverages you can file claims for include but aren't limited to:CollisionComprehensiveLiabilityPersonal injury protectionMedical paymentsUninsured/underinsured motoristRental car reimbursementRoadside assistanceGap insuranceWhether you can file a claim under a specific coverage depends on if it's included in your policy. How to File a Car Insurance ClaimStep to File a Car insurance ClaimTake a look at the process of filing a car insurance claim. When to File Car Insurance Claim FAQWhen should I file a car insurance claim? How long you have to file a car insurance claim varies by insurer.
Persons: it's, Falen Cox, Cox, Dan Ferrara, Ferrara Organizations: Insurance Information Institute, Insurance, CRM, Insurance Company, Car Insurance, Car, Chevron
Before last week’s Republican convention, Donald Trump seemed to be moving away from the populism that characterized his 2016 campaign. “He’s defending big business, cozying up to billionaires, and wooing C.E.O.s.”When Mr. Trump named Senator JD Vance of Ohio as his running mate, though, pundits quickly concluded that he was doubling down on populism. In his convention speech, Mr. Vance denounced NAFTA and China trade deals and promised to prioritize American workers over multinational corporations. On the other hand, in a long interview with Bloomberg (conducted in late June) that came out after the announcement of Mr. Vance’s selection, Mr. Trump hardly sounded like a firebrand economic populist. He floated the idea of reducing corporate tax rates to 15 percent and said he’d consider the JPMorgan Chase C.E.O., Jamie Dimon, as a potential Treasury secretary.
Persons: Donald Trump, isn’t, Karma, , C.E.O.s, Trump, JD Vance, Ohio, Vance, Reagan, Bush, Lina Khan, he’d, JPMorgan Chase, Jamie Dimon, Trump’s Organizations: Republican, Federal Trade Commission, China, Bloomberg, JPMorgan, JPMorgan Chase C.E.O Locations: The
The so-called "Magnificent Seven" were among the hottest stocks last year, but one wealth manager says they are "wildly overvalued" and has his sights elsewhere. The Magnificent Seven comprises Alphabet , Amazon , Apple , Meta Platforms , Microsoft , Nvidia and Tesla , which continue to be in the spotlight thanks to the buzz around artificial intelligence. Other global stocks Global stocks Dennison is betting on include Fresenius Medical Care , a German health-care company, and Kazatomprom, a Kazakhstan-headquartered producer of uranium. "It is a top position in many pension portfolios and has become a value stock because of the strong Swiss Franc," he said. Value stocks are often cheaper than so-called growth stocks and typically trade at a lower price than what the company's performance indicates.
Persons: Tariq Dennison, Dennison, he's, Russell, Chow, Fook, Tencent, Goldman Sachs, Kazatomprom Organizations: GFM Asset Management, CNBC Pro, Apple, Microsoft, Nvidia, Tesla, Nasdaq, Value, Avantis U.S, Abercrombie, Fitch, Cadence Bank, Commercial Metals, KB, Jackson Financial, Warrior, MTR Corp, Global, Dennison, Fresenius, London Stock Exchanges, U.S, Nestle, Six Swiss Exchange Locations: U.S, China, Hong Kong, Kazakhstan, Swiss
Meta on Tuesday announced the latest version of its Llama artificial intelligence model. Nvidia is a key Meta partner and provides the social networking giant with the computing chips called GPUs to help train its AI models, including the latest version of Llama. For example, Meta said that Llama model announced on Tuesday was trained on 16,000 of Nvidia's H100 graphics processors. But open-source models can cost hundreds of millions or billions of dollars to create. There aren't many companies that are financially able to develop and release open-source models with similar amounts of investment.
Persons: Mark Zuckerberg, Meta, Zuckerberg, Jensen Huang, Ash Jhaveri, We're, Jhaveri, WhatsApp Organizations: Meta, Google, Nvidia, Amazon Web Services, Microsoft, CNBC Locations: Tokyo, Dell, U.S
How the hedge fund superstar went extinct
  + stars: | 2024-07-23 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +7 min
But for now, we're examining how the hedge fund superstar has gone extinct . The big storySo long, superstarGetty Images; Alyssa Powell/BIWhere have all the hedge fund superstars gone? AdvertisementIn years past, even rubbing shoulders with a legendary hedge fund manager was enough for aspiring fund managers to raise capital. Meanwhile, the hedge fund industry has also evolved. Aaron Weiner, a 31-year-old from Coatue, got a multibillion-dollar check from Millennium for his to-be-launched hedge fund .
Persons: , Kamala Harris, Harris, Alyssa Powell, Insider's Linette Lopez, Julian Robertson, Griffin's, Izzy Englander's, Goldman Sachs, Jared Siskin, Bobby Jain, it's, Aaron Weiner, Jonathan Xiong's, Maja Hitij, Carl Godfrey, Apple, Sam Altman's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Democratic, Democratic Party Convention, Business, Getty, Management, Goldman, Madison, Park Conservancy, Citadel, Credit Suisse, Jain, ExodusPoint, Investment Partners, Blackstone, Elon Musk's, Big Tech, Bank of America, BI Founders, Forge, Apple, Google, General Motors Locations: Venture, Wall, Park, Coatue, Miami, London, New York
In a Tuesday interview with CNBC's Jim Cramer, Mattel CEO Ynon Kreiz didn't address a reported takeover offer, and instead said he's positive about the Barbie maker's success as its own company. "What I can say is that we're very confident in Mattel's strategy and our ability to create long-term shareholder value as a standalone company." Despite the monster success of the Barbie movie last summer, Mattel's share price has declined over the past several months. But Kreiz said he was confident in the Barbie brand, saying Mattel's share price doesn't "reflect the success we've had to date" or "future potential." "So we are well-positioned to build on this multi-year trajectory, and continue to execute our strategy, and expect the share price to reflect this over time."
Persons: CNBC's Jim Cramer, Ynon Kreiz, Barbie, Kreiz, we've Organizations: Mattel, Reuters, Hasbro, Management, billings
And some weary, frustrated passengers were still trying to reconstruct travel plans or abandon them for compensation. Here’s what we know about what they’re entitled to and how passengers can make claims with the airline. What are Delta passengers entitled to? Delta lists a “right to a refund upon request” in a Monday afternoon update on what it’s doing to serve affected customers. Some passengers reported six-hour waits, and many affected passengers had trouble securing food and lodging over the weekend.
Persons: Pete Buttigieg, , ” Buttigieg, Buttigieg, , ” Delta, CNN’s Chris Isidore, Isabel Rosales, Amanda Musa Organizations: CNN, Delta Air Lines, Department of Transportation, Delta, of Transportation, Transportation, Delta’s, Atlanta’s Hartsfield, Jackson, , , USDOT, Baggage Service, Service, Command Locations: Delta, Atlanta
Mortgage rates are up slightly today but they remain below their early-July highs. Mortgage rates are expected to trend down throughout the remainder of 2024 as long as inflation continues to slow. As mortgage rates drop, borrowers with rates in the 7% or 8% range should be able to save money by refinancing. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. As inflation slows and the Federal Reserve is able to start cutting the federal funds rate, mortgage rates are expected to trend down as well.
Persons: Fannie Mae Organizations: Zillow, Federal Reserve, Mortgage, Association, ARM Locations: Chevron
In order for people in prison to use phone or video calls to chat with family, the person on the other line must pay. As of 2021, according to research by the Prison Policy Initiative, they've paid an average of $3 for a 15-minute phone call. The new rules will force a business model change for correctional telecommunications companies as they contend with an estimated $500 million loss in revenue, according to Worth Rises. Only five states have passed legislation to make jail phone calls free, according to Prison Legal News. Wanda Bertram, a communications strategist for the Prison Policy Initiative, said prisons tend to negotiate better contracts with telecommunications companies and, therefore, tend to have better rates for prisoners.
Persons: , they've, Peter Wagner, Viapath, ICSolutions, , Bianca Tylek, Wanda Bertram, Paul Wright Organizations: Service, Federal Communications Commission, Business, FCC, Correctional, Worth, Connect, PBS, Companies, Human Rights Defense Center Locations: ICSolutions, New York , Ohio, Rhode
Mortgage rates have steadily been decreasing for several months now. Mortgage rates are determined by a variety of factors, including economic trends, Fed policy, investor demand, and more. See more mortgage rates on Zillow Real Estate on ZillowToday's refinance ratesMortgage type Average rate today This information has been provided by Zillow. This is a significant slowdown compared when it peaked at 9.1% in 2022, which means mortgage rates should start trending down soon. This means your entire monthly mortgage payment, including taxes and insurance, shouldn't exceed 28% of your pre-tax monthly income.
Persons: they've, Freddie Mac, you'll, Fannie Mae Organizations: Federal Reserve, Zillow, Mortgage, Association, Sky Locations: Chevron
Katie Ledecky’s first question was quintessential Katie: Hey, I’m coming home to Maryland for a few days in May. And he watched 27-year-old Katie Ledecky work the room, taking photos with those who asked and speaking with people from all walks of life. The little girl who once dressed up as Katie Ledecky for Halloween qualified to be part of the women’s 4×200-meter freestyle relay with her. Katie Ledecky, right, embraces Erin Gemmell after the 200-meter freestyle at the U.S. Olympic trials. Katie Ledecky shows off her gold medal from the 800-meter freestyle at the Tokyo Olympics in 2021.
Persons: Bruce Gemmell, Katie Ledecky’s, Katie, I’m, you’d, ” Gemmell, , , Joe Biden, Gemmell, Biden, Katie Ledecky, Nancy Pelosi, it’s, , Erin, Ledecky, she’d, Erin Gemmell, Gemmell’s, Sarah Stier, She’s, ” Erin, It’s, Andrew, Erin can’t, can’t, Erin isn’t, she’s, ” Bruce Gemmell, ” Ledecky, Alex Shackell, Claire Weinstein, Katie Grimes, Larisa Latynina, Summer McIntosh, She’ll, Oli Scarff, doesn’t, you’re, I’ve, Yuri Suguiyama, That’s, London …, Eamonn Dalton, Al Bello Organizations: Paris, London Olympics, Rio Games, U.S . Olympic, Olympic, U.S, Team USA, Los Angeles Olympics, Paris Games, Tokyo, Getty, London Locations: Maryland, Delaware, London, Indianapolis, Paris, North Carolina, Croatia, Soviet Union, Australia, AFP, Rio de Janeiro
The impact of these deep strikes has been eye-opening for Europe and the US, opening "Pandora's box" for more of these capabilities, a nuclear weapons and arms control expert told Business Insider. The conventional weapons include SM-6, Tomahawk, and developmental hypersonic weapons, "which have significantly longer range than current land-based fires in Europe." "The war in Ukraine shows that long-range strikes are a key issue for the defense of Europe," Lecornu posted on X. "These countries knew that long-range weapons were important even before Russia invaded Ukraine, but Russia's war in Ukraine has opened Pandora's Box to more and more military steps," explained Hans Director of the Nuclear Information Project at the Federation of American Scientists. US Navy photo by Mass Communication Specialist 1st Class Jonathan WordPoland, Germany, France, and Italy's new long-range missile plans follow work in the US to quickly develop new long-range strike systems.
Persons: , Andrew Dickson, Sebastien Lecornu, Lecornu, Hans, Thierry Wurtz, " Kristensen, Jonathan, Zachary Anderson There's, it's, Kristensen, Trump, he'd Organizations: Service, Business, NATO, Army, Artillery, U.S, French, Russia, Federation of American Scientists, Rafale, US, Attack Missiles, US Navy, Jonathan Word, Trump Locations: Ukraine, Russia, Europe, Germany, Australia, Poland, Italy, Moscow, Jonathan Word Poland, France
Gavin Newsom of California, had previously said he would not challenge Ms. Harris. He often rambles incoherently in interviews and at campaign rallies and has confused names, dates and facts just as Mr. Biden has. Mr. Biden consistently maintained that his experience was an advantage, enabling him to pass landmark legislation and manage foreign policy crises. He maintained that he was the Democrat best equipped to defeat Mr. Trump given that he did so in 2020. On the international front, Mr. Biden revitalized international alliances that frayed under Mr. Trump, rallying much of the world to stand against Russia’s unprovoked invasion of Ukraine.
Persons: Biden, Kamala Harris, Donald J, Trump, , Mr, Ms, Harris, , it’s, I’ve, Kamala, , Gretchen Whitmer, Gavin Newsom, pollsters, Franklin, Lyndon, Ketanji Brown Jackson, Israel, Benjamin Netanyahu, Biden’s, James K, Polk, James Buchanan, Rutherford B, Hayes, Lyndon Johnson, John F Organizations: Sunday, Trump, Democratic, Democratic Party, Gov, Mr, Democratic National Convention, Senate, Democrat, White, Roosevelt’s, Society, Supreme, Republican, Republicans, Hamas Locations: Michigan, California, Chicago, Europe, County, Delaware, Ukraine, Israel, Gaza, Rafah, Afghanistan, Kabul, U.S, Vietnam
As long as inflation continues to slow, mortgage rates should tick down further throughout the remainder of 2024. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. 15-Year Fixed Mortgage Rates Barely Tick Up (+0.02%)The average 15-year mortgage rate is 5.68%, just two basis points higher than last week. Mortgage Refinance Rates30-Year Fixed Refinance Rates Fall (-0.37%)The average 30-year refinance rate is 7.08%, 37 basis points down from last week. Mortgage rates also rose dramatically in 2023, though they started trending back down toward the end of the year.
Persons: you'll, It's, refinance, they've Organizations: Federal, Zillow, FHA Locations: Chevron
Read previewAdministered ketamine is being used in concert with therapy to treat Ukrainian veterans who experience post-traumatic stress disorder from fighting on the battlefield. AdvertisementA study published earlier this year focused on the treatment of depression among veterans using ketamine taken through an IV. The doses provided at least partial relief to many of the test subjects and after six weeks of ketamine infusions, depression scores dropped significantly. "Soldiers, for them, it's natural to consider themselves like a strong man," Matrenitsky said, explaining that the effects of the ketamine therapy allow individuals to overcome defensive barriers over their emotions. In partnership with Heal Ukraine Trauma, Matrenitsky along with other healthcare professionals have teamed up to form the Ketamine-Assisted Psychotherapy initiative in hopes of educating Ukrainian therapists on Ketamine-Assisted Therapy.
Persons: , Elaine Klein, Julia Rendleman, Dr, Vladislav Matrenitsky, Yulia Brockdorf, Wolfgang Schwan, Matrenitsky, Bandura, Paula Reynal, Klein Organizations: Service, Business, Heal, Washington, Center, Psychotherapy, 24th Brigade, Getty, Strategic, International Studies Locations: American, Ukraine, US, Kyiv, Anadolu, That's, Washington
Buffett believes buybacks are beneficial to shareholders for one simple reason: You don't need to spend a dime to increase your percentage of shares held. "Through that simple act, we increase your share of the many controlled and non-controlled businesses Berkshire owns," Buffett said in his 2021 annual letter. The 93-year-old legendary investor believes that it would be "value-destroying" if he overpaid for Berkshire shares. "If you're repurchasing shares above a rationally calculated intrinsic value, you are harming your shareholders, just as if you issue shares beneath that figure, you are harming your shareholders," Buffett once said in 1996. The Wall Street firm projected that Berkshire repurchased almost $2.5 billion worth of stock in the second quarter.
Persons: Berkshire Hathaway, Warren Buffett, Greggory, Buffett Organizations: Morningstar, Oracle, Berkshire, Berkshire Hathaway, UBS, Street, Berkshire repurchased Locations: Greggory Warren, Berkshire, Omaha, repurchases
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