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Immediately after Oct. 7, Hezbollah began carrying out strikes in northern Israel in a show of solidarity with Hamas. Isolated and in hiding in Gaza, Mr. Sinwar’s communication with his organization has become strained. Image A poster of Mr. Sinwar at a Palestinian refugee camp in Beirut, Lebanon, in August. The failure of Hezbollah or Iran to meaningfully damage Israel is a telling sign of Mr. Sinwar’s miscalculation, American officials said. On Sept. 13, Hezbollah released a letter that Mr. Sinwar sent in support of Mr. Nasrallah.

Persons: Yahya Sinwar, Sinwar, Benjamin Netanyahu, Israel, Mohammed Saber, Hassan Nasrallah, Mr, Nasrallah, Alkis Konstantinidis, Netanyahu, Ismail Haniyeh, Haniyeh, Arash Khamooshi, Yoav Gallant, ” Mr, Gallant, ”, Scott D, ” Julian E, Barnes, Adam Goldman, Edward Wong, Adam Rasgon, Aaron Boxerman, Ronen Bergman Organizations: Israel, U.S, Hezbollah, Hamas, Mr, Credit, The New York Times, U.S . Defense Intelligence Agency Locations: Gaza, Israel, U.S, Deir al, Lebanon, Iran, Palestinian, Beirut, Egypt, Qatar, Tehran, Rafah, Tel Sultan, Washington, New York, Jerusalem, Tel Aviv

☆ Activist firm Mantle Ridge has $1 billion-plus stake in Air Products
▼ + stars: | 2024-10-04 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +2 min

Activist investor Mantle Ridge has a $1 billion-plus stake in industrial gas supplier Air Products and Chemicals , according to a person familiar with the matter. The activist investor also wants to push the company on succession planning for Seifi Ghasemi, Air Products' 80-year-old CEO, the person said. Air Products is badly underperforming the S&P 500 for a second straight year. Air Products has a market cap of about $63 billion as of Friday's close. Air Products supplies chemicals and gases primarily to industrial customers, but has in recent years diversified into other businesses.

Persons: Seifi Ghasemi, Mantle, Paul Hilal, Seifi, Samir Serhan, Ghasemi, Warren Buffett, Berkshire Hathaway, Ken Squire Organizations: Air Products, Oiltanking, Chemicals, Products, Berkshire, CSX

☆ Inside the 24-hour legal whiplash that sent 30 million student-loan borrowers into limbo
▼ + stars: | 2024-10-04 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

Millions of student-loan borrowers have faced legal whiplash over the past 24 hours. A Missouri judge blocked Biden from carrying out his broader debt relief plan just hours after receiving the case. The ruling came before the Education Department had even published the final rule for the debt relief. That's because the lawsuit argued the relief would hurt the revenue of student-loan company MOHELA, which is based in Missouri. Advertisement"The Department of Education is extremely disappointed by this ruling," a department spokesperson told Business Insider.

Persons: Biden, —, It's, Joe Biden's, Matthew Schelp, Donald Trump, Schelp, Biden's, hasn't, servicers, Andrew Bailey, Sen, Elizabeth Warren, Trump Organizations: Education Department, Service, GOP, MOHELA, Department, Department of Education, Republican, of, Higher, Missouri, else's Ivy League Locations: Missouri, Georgia, Eastern, of Missouri

☆ Warren Buffett has sold about $10 billion of Bank of America stock — after slashing his Apple stake by nearly 60%
▼ + stars: | 2024-10-04 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +5 min

Warren Buffett has sold 23% of his Bank of America stake for about $10 billion since mid-July. AdvertisementWarren Buffett has followed up the surprise paring of his Apple stake by taking a knife to another of his largest holdings: Bank of America. Berkshire has slashed its stake from 1.03 billion shares to 794 million shares, reducing its ownership from 13.2% to 10.2%. Related storiesBuffett might also be rebalancing Berkshire's $300 billion stock portfolio in line with his smaller Apple bet. True to his bargain-hunter reputation, Buffett topped up his Bank of America stake in 2020, when the pandemic-hit stock was trading around $25.

Persons: Warren Buffett, Buffett, —, Berkshire Hathaway, hasn't, he's, Goldman Sachs, There's, Brian Moynihan Organizations: Bank of America, Berkshire Hathaway's, Express, Service, Berkshire, Securities, Exchange, Apple, American Express, Oracle, of America, Bank of, JPMorgan Locations: Berkshire, —, Thursday's, Omaha

☆ TikTok is training its e-commerce partners on what's worked in China as it doubles down on live selling
▼ + stars: | 2024-10-03 | by ( Dan Whateley | ) www.businessinsider.com time to read: +6 min

The company spent much of the event pushing TikTok Shop partners to test out live selling. But live selling was the clear focus of the event, five partners who attended told Business Insider. AdvertisementA second partner who attended the event described its content as "live, live, live." The invite list for the summit may have also played a role in focusing the discussion around live selling. Several attendees said the prospect of a ban wasn't brought up at the company's TikTok Shop partner summit.

Persons: TikTok, —, Jake Bjorseth, Trndsttrs, what's, ByteDance, adQuadrant, Warren Jolly, you've, Jolly, it's, Bjorseth, influencers, TikTok's, wasn't Organizations: TikTok, Service, Culver City, Business, Shop, TikTok's, Douyin, BI, Amazon, Walmart Locations: China, Culver, livestream, TikTok's China, Asia, Shanghai, Hangzhou, North America, Europe

☆ Georgia family hunkered down with their dog in a bathtub as Helene sent trees crashing through their house
▼ + stars: | 2024-10-03 | by ( Chris Boyette | ) edition.cnn.com time to read: +8 min

The first four trees fell onto the Jones family’s house just over where the boys were lying in the living room. “There are a lot of elderly people on this street.”About 47% of the county is still without power, which is not expected to be restored until this weekend, according to Georgia Power. Foster said she is running an extension cord from her home through the yard to a neighbor’s house so they can have power at night. For their part, the Jones family are considering their options when it comes to rebuilding their home and their lives. “It rained the next night, and they were terrified,” Kristin Jones said.

Persons: Augusta, Augusta CNN — Cooper, Witten Jones, Helene, Kristin, Sienna, ” Kristin Jones, ” Helene, Jones, Galen Jones, ”, Kristin Jones, Cooper, Kristin Jones, ’ ” Kristin, “, ” Jones, Sunshine, Augusta . Power, there’s, Katie Goodale, ” Galen Jones, Joe Biden, Kamala Harris, Brian Kemp, Hurricane Helene, Evan Grantski, Obed Castillo, Monica Foster’s, ” Foster, Foster Organizations: Augusta CNN, CNN, Augusta Chronicle, USA, Georgia Gov, National Golf Club, Masters, Hurricane, Fund, Grantski Records, El Paso, Georgia Power Locations: Georgia, Augusta, Martinez, Witten, Augusta ., Augusta , Ga, El, ”, Martinez , Georgia

☆ High Credit Card Interest Rates Are Loading Americans With Debt
▼ + stars: | 2024-10-02 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +11 min

The average credit-card interest rate is now just over 21%, up from about 15% a decade ago. Additionally, as credit-card companies continue to charge high interest rates, more cardholders in debt become delinquent — and that could push the US economy closer to recession. Advertisement'The highest credit-card rates we've ever seen'Until 1978, most states had laws capping interest rates for credit cards and consumer products. Lowering the current high interest rates, and the profits that come with them, has become a priority across the aisle. Ted Rossman, a senior industry analyst at Bankrate, described the feedback loop of high prices and high interest rates as "a tough cycle to break."

Persons: Lana Linge, it's, Linge, isn't, Adam Rust, Bruce McClary, TransUnion, Austan Goolsbee, Rust, You've, you've, Antoinette Schoar, Schoar, David Silberman, GOP Sen, Josh Hawley, Hawley, Democratic Sen, Elizabeth Warren, Michele Raneri, Ranieri, Ted Rossman Organizations: Consumer Federation of America, Federal Reserve, National Foundation, Credit, Federal Reserve Bank of New, New York Fed, Federal Reserve Bank of Chicago, Louis Federal Reserve, Federal, Financial, MIT, Center for Responsible Lending, Lawmakers, GOP, Democratic, Reserve, TransUnion Locations: overspending, Federal Reserve Bank of New York, South Dakota, Delaware

☆ I work with Warren Buffett. He's probably the smartest person in the world — here's the best advice he's given me.
▼ + stars: | 2024-09-30 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +7 min

Karen Goracke is the CEO of the jewelry store Borsheims, a Berkshire Hathaway subsidiary. Goracke worked her way up from the store room, and Warren Buffett interviewed her for CEO. AdvertisementThis as-told-to essay is based on a transcribed conversation with Karen Goracke, CEO and President of Borsheims, about her career and working with Warren Buffett. I started working as a sales associate for Borsheims, a jewelry store in Omaha, in 1988 straight out of college. She had no idea Warren Buffett was standing next to her.

Persons: Karen Goracke, Goracke, Warren Buffett, Buffett, —, Warren Buffett's Berkshire Hathaway, Borsheims, Berkshire Hathaway, I'd, Warren Buffet, We're, I'm, Warren, It's, That's, I've Organizations: Berkshire Hathaway, Service, Borsheims, Las, Berkshire Locations: Omaha, Berkshire, Nebraska, Switzerland , New York, Las Vegas

☆ Jimmy Carter is setting a new record for American presidents. It’s important for everyone
▼ + stars: | 2024-09-30 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +25 min

Paul J. Richards/AFP/Getty Images Carter works at a construction site sponsored by the Jimmy Carter Work Project in Asan, South Korea, in 2001. Alex Wong/Getty Images Carter meets with Obama and other former presidents at the White House in January 2009. Richard Lewis/The Elders/Getty Images Carter was interviewed for "The Presidents' Gatekeepers" project at the Carter Center in Atlanta in September 2011. Chris McKay/Getty Images Carter talks about his cancer diagnosis during a news conference at the Carter Center in Atlanta in August 2015. The 1983 tweaks to Social Security included, for instance, the counting of some Social Security benefits as taxable income and a gradual increase of the retirement age from 65 to 67.

Persons: Jimmy Carter, Carter, John Quincy Adams, It’s, CNN’s Stephen Collinson, ” Carter, “, George H.W, George H.W . Bush, Rosalynn, Lillian, Gloria, . Bradley, Jimmy, Horace Cort, —, John Storey, Stan Wayman, Amy, Walter Mondale, Gerald Ford, Ford, Warren Burger, Rosalynn Carter, Billy, Simons, Barry Thumma, Harvey Georges, Helmut Schmidt, Schmidt, Anwar Sadat, Menachem Begin, Camp David, Carter's, Carter jogs, Karl Schumacher, Dirck Halstead, Leonid Brezhnev, Chuck McManis, Ronald Reagan, Reagan, Robert Burgess, Joe Holloway Jr, AP Carter, Bill Clinton, Al Gore, Paul J, Richards, Clinton, Chung Sung, Fidel Castro, Adalberto Roque, Arne Knudsen, Hugo Chavez's, Juan Barreto, Howard Dean, Erik S, Scott Olson, Marco Longari, Michael Williamson, Barack Obama's, Alex Wong, Obama, George W, Bush, J, Scott Applewhite, Mark Wilson, Ismail Haniya, Mahmud Hams, Jung Yeon, Nelson Mandela, Jeff Moore, Aijalon Mahli Gomes, Gomes, Darren McCollester, Sheikh Jarrah, Mary Robinson, Bernat, George, Kris Connor, Raul Castro, Javier Galeano, Richard Lewis, David Hume Kennerly, Michelle Obama, Martin Luther King Jr, Jewel Samad, Brian Kersey, Chris McKay, Phil Skinner, Donald Trump, Saul Loeb, Jim Chapin, Drew Angerer, Matt McClain, Dan Quinn, Scott Cunningham, Chip Somodevilla, Mark Humphrey, John Amis, Joe Biden, Jill Biden, Adam Schultz, John Bazemore, Michael S, Williamson, Jason Carter, Evelyn Hockstein, Jimmy Carter's, there’s, aren’t, – Carter, Ronald Reagan –, CNN’s Eva Rothenberg, ” Regan, dismissively, gaslighting, “ Governor Reagan, Reagan empaneled, Alan Greenspan, Donald Trump’s, Kamala Harris Organizations: CNN, Social Security, Medicare, Carter, ”, Habitat, Humanity, Bettmann, Jimmy, AP, US Naval Academy, Democratic, Atlanta, Hulton, Democratic National Convention, Walnut, Theater, Ford, Getty Images, Department of Energy, West, Airlift, Camp, AFP, Getty, Democratic National Committee, White House, Ronald Reagan Library, Andrews Air Force Base, United Nations, Trinity Church, Summit, America's, Getty Images Cuban, University of Havana, Venezuelan, Department of Defense, Washington Post, White, Foreign, Korea University, North, South, Boston's Logan International Airport, Irish, Pyongyang University of Foreign Studies, Carter Center, Lincoln Memorial, Sunday School, Maranatha Baptist Church, Hurricane Relief, College, College Station ,, Secret Service, Atlanta Falcons, NFL, Former, The New York Times, Pew Research Center, Congressional Research Service, Security Locations: Cuba, Guinea, Iraq, Winnipeg, Canada, George H.W ., United States, Elk City , Oklahoma, Plains , Georgia, Atlanta, Georgia, New York, Washington, Philadelphia, Georgia's St, Florida, Panama, Vietnam, Berlin, Maryland, Egypt, Israel, Pennsylvania, Vienna, Austria, Los Angeles, Arab, Wiesbaden, West Germany, Iran, Pakistan, Afghanistan, AFP, New, Asan , South Korea, Havana, Oslo, Norway, Caracas, Venezuela, American, Connecticut, Boston, Maputo, Mozambique, DC, Ghana, Gaza, Seoul, South Korea, North Korea, Johannesburg, Jerusalem, Sheikh, Pyongyang, Chicago, College Station, College Station , Texas, Nashville , Tennessee, Plains

☆ Why Kamala Harris and Donald Trump Are Courting the Crypto Crowd
▼ + stars: | 2024-09-30 | by ( Emily Stewart | ) www.businessinsider.com time to read: +14 min

Trump and Harris have different reasons to try to attract the crypto community — donors, voters, the fact that the former president likes anyone who flatters him, etc. All of Trump's courting of the crypto industry is possible because Democrats left open an opportunity for him to pounce. Related storiesWhile Molly White, a crypto researcher and critic, described Harris' recent statements about crypto as "middle of the road," she said she thought the crypto industry was "definitely taking an optimistic view." The crypto industry doesn't mind the attention it's getting from policymakers. What Harris or Trump will actually do on crypto is unclear, but that's not really the point right now.

Persons: cryptocurrency, Crypto, Sen, Katie Porter, Jamaal Bowman, Sherrod Brown's, Bernie Moreno, Donald Trump, Kamala Harris, Trump, Harris, Marc Andreessen, Ben Horowitz, Andreessen Horowitz, Cameron, Tyler Winklevoss, He's, Adam Kovacevich, Joe Biden's, Gary Gensler, Lina Khan, Biden, Sheila Warren, Brian Hughes, Elizabeth Warren, Jon Tester, Bernie Sanders, Barron, it's, Robert Weissman, he's, She's, Chuck Schumer, Jared Polis of, Anthony Scaramucci, Mark Cuban, Ron Conway, Sherrod Brown, Kamala, she's, Rachael Horwitz, " Horwitz, Harris hasn't, Molly White, Horwitz, It's, There's, Weissman, Dan Cassino, Khan, Warren, that's, Emily Stewart Organizations: Democratic, Sherrod Brown's Republican, Gemini, Facebook, Trump, GOP, Republican, of, Democrats, Securities and Exchange, Federal Trade Commission, Crypto, Innovation, Liberty Financial, Public Citizen, Financial Times, Politico, Gov, Jared Polis of Colorado, Wall Street, Haun Ventures, Fairleigh Dickinson University, Capitol Hill, SEC, FTC, Chamber, Business Locations: Ohio, Wisconsin, Nashville, United States, Silicon Valley, That's, California, New York, America, bitcoin, Washington

☆ The job market is rough right now. 7 young professionals share what they think sets them apart.
▼ + stars: | 2024-09-30 | by ( Maria Noyen | Mykenna Maniece | ) www.businessinsider.com time to read: +3 min

Many cited soft skills, including having patience and the ability to speak with different people. And yet, those we consider pioneers and leaders in the tech, finance, and business industries almost always respond with soft skills. In October 2023, Business Insider's Tim Paradis reported that soft skills have become increasingly in demand in the years following the COVID-19 pandemic. AdvertisementIn short, it's young professionals who'll be setting the standard of success at work for years to come. Here's what they said — and how their answers reflect qualities business leaders also emphasize.

Persons: —, Warren Buffett, Mark Zuckerberg, it's, Tim Cook, there's, Tim Paradis, Norman Bacal, Paradis, millennials, Glassdoor, Amanda Hoover, who'll, Gen Zers Organizations: Service, Labor Statistics Locations: NYC

☆ 2024 Election: Crypto Bros Could Swing Votes Toward Kamala or Trump
▼ + stars: | 2024-09-30 | by ( Emily Stewart | ) www.businessinsider.com time to read: +14 min

Trump and Harris have different reasons to try to attract the crypto community — donors, voters, the fact that the former president likes anyone who flatters him, etc. All of Trump's courting of the crypto industry is possible because Democrats left open an opportunity for him to pounce. In September, he unveiled his own crypto venture, World Liberty Financial. The crypto industry doesn't mind the attention it's getting from policymakers. What Harris or Trump will actually do on crypto is unclear, but that's not really the point right now.

☆ Jamie Dimon says the 'Buffett Rule' approach to taxing the wealthy could solve America's debt problem
▼ + stars: | 2024-09-30 | by ( Filip De Mott | ) www.businessinsider.com time to read: +4 min

On PBS, Jamie Dimon described the Buffett Rule as a good idea for clamping down on US debt. AdvertisementJPMorgan CEO Jamie Dimon has put forth a solution to unrestrained US debt: Tax the rich at the same rate as middle-class people, or at a higher rate. It earned its name from the billionaire investor Warren Buffett, who famously criticized the fact that his secretary paid a higher tax rate than he did. If debt remains unchecked amid high interest rates, the government will face higher borrowing costs. AdvertisementOtherwise, higher borrowing costs mean Washington will have less to spend on social initiatives.

Persons: Jamie Dimon, Buffett, —, Dimon, Warren Buffett, Peter G Organizations: PBS, Service, Congressional, Peterson, Democrats, Republicans Locations: Washington

☆ How Warren Buffett decides when to sell a stock, and why he might be dumping Bank of America
▼ + stars: | 2024-09-29 | by ( Yun Li | ) www.cnbc.com time to read: +4 min

When Warren Buffett, the ultimate buy-and-hold investor, sells a stock, it often sends a negative signal about the underlying business and maybe even the entire industry. "We're more reluctant to sell them than most people," Buffett said of his large positions at Berkshire's annual meeting in 2009. Bank of America sales Many top holdings in Berkshire Hathaway's equity portfolio are decades old — Buffett has held Coca-Cola shares since 1988 and American Express since 1991. Buffett said bank failures in 2008 during the Global Financial Crisis , and again in 2023, lessened confidence in the system, made worse by poor messaging by regulators and politicians. At the time, Buffett foresaw more bank failures down the road , but stuck with his Bank of America investment, partly because he personally negotiated the original deal and admired CEO Brian Moynihan.

Persons: Warren Buffett, Buffett, — Buffett, Goldman Sachs, Wells, BofA, digitalization, fintech, It's, Brian Moynihan Organizations: Herald, Buffalo News, Bank of America, American Express, Oracle, JPMorgan, U.S . Bancorp ., Silicon Valley Bank, First, Signature Bank Locations: Omaha, Berkshire, BofA, Wells Fargo, U.S, U.S . Bancorp . Berkshire, Bank, Silicon, First Republic, saviors

☆ An uncertainty guru says investors can't dismiss doubt — and even Warren Buffett's success may be down to luck
▼ + stars: | 2024-09-29 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +5 min

David Tuckett, an uncertainty researcher, told BI that dismissing doubt eventually "leads over a cliff." He said the success of elite investors like Warren Buffett may be largely down to luck, not skill. AdvertisementEven the smartest minds in finance and tech don't know for sure what the future holds, and even the most successful investors may have gotten lucky, one expert says. Elon Musk responded on X that "Buffett is already preparing for this outcome," ostensibly suggesting Warren Buffett will offload stocks too if Donald Trump secures a second term. AdvertisementThat applies to even the best investors like Warren Buffett, he told BI.

Persons: it's Elon Musk, John Paulson, David Tuckett, Warren Buffett, —, John Paulson —, Kamala Harris, Elon Musk, Buffett, Donald Trump, Paulson, Musk, David Tuckett Lucking, Tuckett Organizations: Service, Centre, University College London, HSBC Locations: Berkshire, Tuckett

☆ Watch CNBC’s full interview with JPMorgan’s David Kelly, 3Fourteen’s Warren Pies and Neuberger’s Shannon Saccocia
▼ + stars: | 2024-09-27 | 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 EmailWatch CNBC’s full interview with JPMorgan’s David Kelly, 3Fourteen’s Warren Pies and Neuberger’s Shannon SaccociaJPMorgan’s David Kelly, 3Fourteen’s Warren Pies and Neuberger’s Shannon Saccocia, join 'Closing Bell' to discuss consumer spending, market momentum and sentiment.

Persons: JPMorgan’s David Kelly, 3Fourteen’s Warren, Neuberger’s Shannon Saccocia JPMorgan’s David Kelly, Neuberger’s Shannon Saccocia

☆ There's a lot of momentum in this economy, says JPMorgan’s David Kelly
▼ + stars: | 2024-09-27 | 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 EmailThere's a lot of momentum in this economy, says JPMorgan’s David KellyJPMorgan’s David Kelly, 3Fourteen’s Warren Pies and Neuberger’s Shannon Saccocia, join 'Closing Bell' to discuss consumer spending, market momentum and sentiment.

Persons: JPMorgan’s David Kelly JPMorgan’s David Kelly, 3Fourteen’s Warren, Neuberger’s Shannon Saccocia

☆ The housing market is seeing its biggest logjam since before the pandemic
▼ + stars: | 2024-09-26 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

The housing market is in the midst of its biggest slowdown since the pandemic, according to Redfin. Homes stayed on the market for the longest in West Palm Beach, Florida, with listings taking a median 79 days before being sold. That was followed by Fort Lauderdale, Florida, and Jacksonville, Florida, where homes stayed on the market for a median 75 and 65 days respectively. Seattle was the hottest housing market in the nation last month, with homes staying on the market for a median of 12 days, per Redfin's report. "Anyone who has been paying attention to the housing market over the past few years knows that desirable homes sell right away," Fairweather said.

Persons: It's, Darryl Fairweather, Redfin's, " Fairweather, Redfin Organizations: Business, . Homes, Federal Reserve, Buyers Locations: Towns, Florida, Texas, Palm Beach , Florida, Fort Lauderdale , Florida, Jacksonville , Florida, Seattle, Indianapolis , Indiana, Warren , Michigan

☆ Social Security’s death benefit has been $255 since 1954. Some senators want to change that
▼ + stars: | 2024-09-26 | by ( Lorie Konish | ) www.cnbc.com time to read: +2 min

When a Social Security beneficiary dies, their loved ones may qualify for a one-time $255 lump-sum death payment. Yet that amount has not changed in 70 years — since 1954 — while inflation has pushed the costs for funerals higher. On Wednesday, Sen. Peter Welch, D-Vt., introduced a new bill, the Social Security Survivor Benefits Equity Act, to raise the lump-sum death benefit to $2,900 to reflect today's cost of living. Under the terms of the bill, the higher $2,900 death benefit would go into effect in 2025. The proposal has been endorsed by advocacy organizations Social Security Works and the Strengthen Social Security Coalition.

Persons: Sen, Peter Welch, Bernie Sanders, Elizabeth Warren, Welch, haven't Organizations: Social, Social Security Survivor, Equity, Finance, Social Security, National, Consumer, Urban, Clerical Workers, Social Security Coalition Locations: Sens

Ohio Republican Senate candidate Bernie Moreno is facing a wave of criticism over his remarks about suburban women and abortion heading into the homestretch of the competitive race. Moreno said at a town hall in Warren County on Friday that many "suburban women" are "single-issue voters" when it comes to abortion. “You know, the left has a lot of single-issue voters,” Moreno said. “Sadly, by the way, there’s a lot of suburban women, a lot of suburban women that are like, ‘Listen, abortion is it. Ohio voters in November passed a ballot measure enshrining the right to abortion care in the state constitution.

Persons: Bernie Moreno, Moreno, ” Moreno, “, ’, Sen, Sherrod Brown, Reagan McCarthy, “ Bernie, ” Brown, —, Brown, Donald Trump, Nikki Haley, ” Maura Gillespie, John Boehner, ”, Gillespie, Roe, Wade Organizations: Ohio Republican, NBC, Democratic, Ohio, Senate, Republicans, U.N, CNN Locations: Warren County, Columbus, Ohio

☆ Stocks making the biggest moves midday: Flutter Entertainment, Hewlett Packard Enterprise and more
▼ + stars: | 2024-09-25 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Check out the companies making headlines in midday trading: Flutter Entertainment — The sports betting stock rose more than 6% after the FanDuel parent announced a share buyback program of up to $5 billion. Hewlett Packard Enterprise — The tech stock jumped more than 5% after Barclays upgraded the firm to overweight from equal weight. KB Home reported $2.04 in earnings per share, or 2 cents short of consensus estimates, according to analysts surveyed by LSEG. Analysts had expected $1.14 in earnings per share on revenue of $176.2 million, according to FactSet. The workplace uniform company sees revenue of $10.22 billion to $10.32 billion for fiscal 2025, compared to its prior guidance of $10.16 billion to $10.31 billion.

Persons: HPE, Morgan Stanley downgrades, Adam Jonas, Ford, Bilibili, Warren Buffett's Berkshire Hathaway, Cintas, — CNBC's Sean Conlon, Yun Li, Alex Harring, Hakyung Kim, Lisa Han, Pia Singh Organizations: Hewlett Packard Enterprise, Barclays, Juniper Networks, General Motors, Ford —, JPMorgan, . Bank of America, LSEG, Trump Media & Technology Locations: Bilibili —

☆ Don't hate billionaires like Jeff Bezos — they make our lives better, 2 experts say
▼ + stars: | 2024-09-25 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +7 min

But two experts say the uber-wealthy are often huge contributors to society — and trying to eliminate them could badly backfire. It's become increasingly popular to make claims such as "billionaires shouldn't exist" and "any billionaire is a policy failure." But these moral criticisms of billionaires are unconvincing because people overstate billionaires' power and influence and overlook the benefits of some billionaires. There's a widespread belief that governments should tax billionaires primarily and spend that money on public goods and anti-poverty programs. Instead of saying that every billionaire is a policy failure, we should instead embrace the idea that every billionaire is a policy success.

Persons: Critics, —, Jessica Flanigan, Richard L, Chris Freiman, It's, Elon Musk, Jeff Bezos, Steve Jobs, Jobs, Bezos, Warren Buffett, isn't, Taylor Swift, LeBron James Organizations: Service, Morril, University of Richmond, West Virginia University, Business Locations: multimillionaires

☆ Idaho man charged with threatening to kill Trump in phone calls to Mar-a-Lago
▼ + stars: | 2024-09-24 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Michael-Kosnar-Circle-Byline-Template.Jpg | Michael Kosnar | ) www.nbcnews.com time to read: +4 min

An Idaho man has been charged with threatening to kill Donald Trump in phone calls made to the former president’s Mar-a-Lago resort in Florida, according to court documents. Warren Jones Crazybull, 64, of Sandpoint, made at least nine threatening phone calls to Trump’s home on July 31, according to a criminal complaint and affidavit that was first reported Monday by Forbes. Mar-a-Lago security told the Secret Service that eight additional phone calls making threats were received from the same number, the court documents said. "There have been two heinous assassination attempts on President Trump, and their violent rhetoric are directly to blame." The Secret Service determined his location using T-Mobile phone data, which located him in Montana, according to the filing.

Persons: Donald Trump, Warren Jones Crazybull, Warren Jones, Crazybull, Jeffrey Epstein, John John Kennedy Jr, Trump, Steven Cheung, Kamala Harris, “ Kamala Harris, Cheung, Harris, ” Cheung, ”, “, Ryan Wesley Routh — Organizations: Forbes . Mar, “, Trump, Golf Club, Service, Facebook, Democrats, Secret Service Locations: Idaho, Lago, Florida, Sandpoint, Bedminster, Bedminster , New Jersey, West Palm, “, Montana, Butler , Pennsylvania, West Palm Beach , Florida

☆ CNBC Pro Talks: After the Fed cuts rates, one fund manager will reveal where to invest right now
▼ + stars: | 2024-09-24 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +3 min

After the U.S. Federal Reserve cut interest rates by a bumper 50 basis points , investors have been left wondering whether growth or value stocks are the best bet. On CNBC's upcoming Pro Talks , Silvia Amaro will ask value investor Sean Peche where he sees opportunities in the current market. Peche is portfolio manager at the U.K.-based Ranmore Fund Management and manages its $329 million Ranmore Global Equity Fund . As of Aug. 31, the Ranmore Global Equity Fund has returned 21.6% over the last year, underperforming its benchmark MSCI World Index's 24.4%. CNBC Pro subscribers can watch Pro Talks live on Wednesday, Sept. 25, at 7 a.m.

Persons: Silvia Amaro, Sean Peche, He'll, Warren Buffett, Eli Lilly, ager, CNBC's Silvia Amaro Organizations: U.S . Federal Reserve, Ranmore Fund Management, Global Equity Fund, Investors, Ranmore, Equity, Petrobras, Baidu, ABN Amro, Ranmore Global Equity Fund, Decillion Fund Management, Orbis Investment Advisory, CNBC, Beyond Locations: Carrefour, China, U.S, London

☆ Senate Democrats target companies with imbalance in executive pay, taxes
▼ + stars: | 2024-09-24 | 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 EmailSenate Democrats target companies with imbalance in executive pay, taxesSen. Elizabeth Warren and 5 other Democrats have written letters to 35 companies who paid more to top executive than they did to federal taxes – a balance Democrats seek to challenge with next year's tax debate.

Persons: Sen, Elizabeth Warren

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