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T-Mobile's nationwide standalone 5G network helps power these efforts. The common thread of these varied scenarios might surprise you: 5G, the "fifth generation" of wireless network technology. T-Mobile is the only provider of a standalone nationwide 5G network, putting it in a prime position to shake up that paradigm in the US. Uses for all industriesT-Mobile's 5G technology can be applied across all industries, for an ever-expanding number of use cases. Find out more about how T-Mobile's 5G technology is powering change across industries.
Persons: , Parvin Mahajan, Mahajan, Heather Nelson, Rod Laver, Will Townsend, Organizations: Mobile, Children, Boston Children's Hospital, Drivers, Infosys, Rod Laver Arena, Insider Studios Locations: Bellevue , Washington
An Epic Pilgrimage Across Three Great Religions
  + stars: | 2023-11-09 | by ( Aatish Taseer | ) www.nytimes.com   time to read: +111 min
Before there was tourism, there was pilgrimage: a trip of endurance, hardship and ecstasy in celebration of one’s faith. On an epic pilgrimage of his own, one writer ventures into the heart of three great religions in Bolivia, Mongolia and Iraq. The Imam Hussein shrine in Karbala the day after Ashura. “They’re poor, but they come thousands of kilometers for the love of Imam Hussein.” PILGRIMAGE WAS A great equalizer. “Labaik ya Hussein,” came the solemn chorus of surrounding voices.
Persons: Eduardo Quintela Gonzáles, ” Quintela, JAN, , , Quintela, Victor, Edith Turner, Chaucer, ferne, sondry londes, Vaishno Devi, Lyra Skinner, Lyra, Victoria Preston’s, , Prophet Muhammad, Virgin Mary, Bath, Naipaul, Augustus, Ryan, garret, Virgin, Monica Machicao, Nicholas Casey, ” Monica, Casey, Evo Morales, sloughing, Columbus, Cortés, Francisco Pizarro, Monica, glitzy cholets, Peru —, Viracocha, it’s, Pablo Quisbert, Leandro Chitarroni, Eichmann, Father Chitarroni, Father Chitarroni’s, Conquistadores ”, Fernando Cervantes, Bernabé Cobo, Quisbert, Edgar Quispe, Tatiana Huayhua, Francisco Tito Yupanqui, Mary, Yupanqui’s, su, Yupanqui, Chitarroni, she’s, Friar Abelino Yeguaori, Friar Yeguaori, Friar Yeguaori’s, Irene, Juana, hajji, Waka, Aracely Alcón, Santiago, Alcón, , don’t, ” Alcón, Tito Yupanqui, Uma Marka, Pachamama, haggard, Amaru Fiorilo Barrios, he’d, ” Fiorilo, Fiorilo, who’d, Valeria Alcón, Laureano Jose Quisbert, Elena Ticona Flores, Eduardo Quintela’s, Ensamble, pang, padre, consolations, Sincrético, El, Rodrigo Paz Pereira, Axel, amauta, strode, La, Aatish Taseer, Saint Helena —, Constantine I, La Paz, Orgilbaatar Tsolmon, Orgil, Genghis Khan, Edward Gibbon, ” Orgil, Araniko’s, Kublai Khan, Genghis Khan’s, Kubla Khan, Coleridge, Kublai, Stalin, sybarite, Khamar, Dalai Lama, Lama, Christopher Kaplonski, ger, I’d, banshtai tsai, Prim, Egi, Munkhdul, Gandantegchinlen, Haidav, herder, “ Um sain, boltugai, Danzanravjaa, Zanabazar’s, Erdene, Mandakhtsog Monkhbaatar, Monkhbaatar’s, Dalai Lamas, prostrated, He’d, Zuu, she’d, Santiago de, L.K, Advani, Emperor Babur, Ram, kar sevaks, Ayodhya, Narendra Modi, Munkhbaatar Batchuluun, Henry Wallace, Franklin D, Potemkin, Munkhbaatar, Gerelmaa, Giimaa, She’d, Eduardo Quintela, Aracely, Santiago’s, Joseph Brodsky’s, Muhammad’s, Hussein, William Keo, ” Khuder, pillion, Labaik, Hussein ”, O Hussein, hearkened, Prophet, Ali —, Ali, Yazid, Imam, crackling, chickpeas, Imam Ali, Imam Hussein, Saddam Hussein, Tusi, Qasim, Imam Hussein’s, Khuder, “ Will, Najaf, prestes, — I, Yasir Yaseen, Ashura, Ali Akbar, Abbas, Ali Asghar, “ We’re, Francisco Goya’s, Hussein’s, Groom, Joseph, ” Wissam, Turfi, Saddam —, Arbaeen, Saddam, “ Imam Hussein, WE, Muhammad, Barnaby Rogerson, Prophet Muhammad ”, ” Ali, Muhammad — Muhammad, formlessness, Muqtada al, Abrams, chiding, Abu Musab Al, Zarqawi, Al Qaeda, William, “ They’re, Ayatollah Ali Khamenei, flagellants, ruddy, stylishly, Hussein — shahid —, Farman Ahsan, Syed Salman Raza —, Saddam’s, ” Raza, William “, Ali Zayn al, Abidin, Labaik ya Hussein, thrall —, Lloyd, Susanne Rudolph — Organizations: CITY LA, LA, LA PAZ, Virgin, Crusaders, Dolorosa, Sun, The New York Times, Bolivian, Spain, La, Cordillera, Universidad Mayor de, Catholic, Good, La Paz, Dominican, Pakistan, Caesars, Nissan, Coke, Communists, Communism, ardor, Communist, Hyundai, flails, sacra, Apache, Mahdi Army, Al, ISIS, Karachi —, Princeton Locations: Bolivia, Mongolia, Iraq, Aatish Taseer Bolivia Mongolia Iraq, CITY LA PAZ, BOLIVIA, NAJAF, IRAQ, ULAANBAATAR, MONGOLIA, LA PAZ, La Paz, Bolivian, Copacabana, Lake Titicaca, New York, Christian, British, sondry, India, Delhi, Varanasi, Europe, American, Mecca, Arabia, Long, Vino Tinto, Chile, Peru, Monica, Plurinational State, Bolivia —, Americas, Spain, Columbian, Aztec Mexico, Inca Peru, Calvary Hill, Virgen del Cerro, South America, Puerto Rico, Huatajata, , Argentine, Universidad Mayor de San Andrés, Mexican, revelry, Spanish, , morena, La, “ India, multilayered, Potosí, Argentina, Warisata, Scotch, Santiago de Compostela, Kingdom of Saudi Arabia, Nepal, Nations, El Alto, Buenos Aires, Bombay, Tibet, Bolivia’s, Yamuna Rivers, United States, Buddhist Mongolia, Ulaanbaatar, Mongolian, Istanbul, Asia, Islam, China, Beijing, Dadu, Erdene Zuu, Soviet, Gobi, Los Angeles, gers, Qing China, Karnataka, Töv Province, Karakorum, Khamar, Erdene, Ukraine, Korea, Golden, Bayankhongor, Lhasa, Dalai, Inner Mongolia, Mongol, Nalaikh, Santiago, Santiago de Compostela and Canterbury, Bulgan Province, Somnath, Gujarat, Ayodhya, Uttar Pradesh, ger, East German, Uvs Province, Pakistani, Indian, Tennessee, Najaf, Baghdad, Khuder, , abayas, KARBALA, Kufa, Medina, Saudi Arabia, Karbala, Imam Ali, Bab, Kuwaiti, Bohras, South Asia, Tajikistan, Zaydis, Yemen, Alawites, Anatolia, Syria, Iran, Bahrain, Azerbaijan, Sadr, U.S, Jordanian, Al Qaeda, Mesopotamia, Al, Multan, Pakistan, Punjab, Pakistan’s, Islamabad, Lahore, Kuwait, Karachi, Doha, Qatar
Hurlin and his sound designer, the superb Dan Moses Schreier, are inviting us to take in their clues and envision a story as well. And why does her prim, princess-sleeved dress seem from a different wardrobe than the clothes hanging up? ***Over at La MaMa proper, on nearby East Fourth Street, my favorite festival performance of last weekend was Tom Lee’s mesmerizing “Sounding the Resonant Path,” upstairs at the Ellen Stewart Theater. Entering with an ax slung over one plaid-shirted shoulder, he walks slowly and deliberately along a curving wooden track, ostensibly alone. Never mind the puppeteer (Lee) seated just behind him, dressed in black and scooting along on a small, wheeled box.
Persons: Dan Moses Schreier, prim, Tom Lee’s, Ellen Stewart, Lee Organizations: La, Ellen, Ellen Stewart Theater Locations: bunraku
Political Cartoons View All 1234 ImagesHaley and Ramaswamy exemplify the diversity of views among Indian Americans. They both are out of sync with the broader community of Indian Americans, who overwhelmingly support Democrats. A recent survey by the Pew Research Center found that 68% of Indian American registered voters identified as Democrats and 29% identified as Republicans. But for most Indian Americans, issues stateside matter more, said Maina Chawla Singh, a scholar-in-residence at American University's School of International Service. He said Trump’s election in 2016 also motivated more progressive Indian Americans to get involved in local city council and school district races.
Persons: Nikki Haley, Vivek Ramaswamy, ” Haley, Ramaswamy, , we’re, , Haley, Donald Trump, Milan Vaishnav, ” Vaishnav, Maina Chawla Singh, ” Sangay Mishra, Mishra, Barack Obama, America's, Kamala Harris, Rohan Pakianathan, Vivek, Pakianathan, ” Henry Olsen, Olsen, Holly Ramer Organizations: Republican Party, GOP, South Asia, Carnegie Endowment, International Peace, Trump, Ukraine, Pew Research Center, Indian American, Republican, American University's School of International Service, Indian, Drew University, Republicans, Rutgers University, Public Policy Center, Press, Lilly Endowment Inc, AP Locations: South Carolina, Russia, Ukraine, Indian, America, New Jersey, U.S, United States, India, Washington, Concord , New Hampshire
When Jim Rohrstaff moved to New Zealand in 2014 to help Ric Kayne manage and start his private golf club, Tara Iti, he didn’t know what the future held. Te Arai sits on the same stretch of Pacific coastline as Tara Iti, on New Zealand’s North Island, and is home to two public golf courses. Mr. Rohrstaff and Mr. Kayne wanted to replicate the feeling of 17-mile drive there, about 60 miles north of Auckland. New Zealand has long been known for its impressive seaside courses, such as Kauri Cliffs and Cape Kidnappers. When it opened in 2015, Tara Iti helped further cement the island nation as a top golf destination.
Persons: Jim Rohrstaff, Ric Kayne, Tara Iti, Rohrstaff, Te Arai, Arai, Kayne, Mike Keiser, , Organizations: Tara, Southern Hemisphere, Tara Iti, Golf Locations: New Zealand, Monterey Peninsula, Coast of California, Tara, New, Auckland . New Zealand, Bandon
Reinhard and Zarate spotted a bundle of cloth, and lifting it, they found themselves looking into the Ice Maiden’s face. Studies have revealed that Juanita was a healthy girl between 13 and 15 when she died from a blow to the head. Nilsson used tissue depth markers based on the measurements of her skull to envision the proportions of her face, which included high cheekbones. Tissue depth markers and CT scans helped Oscar Nilsson reconstruct the Ice Maiden's face. For the researchers who have spent years studying Juanita, the arduous process to bring her back to life was worth it.
Persons: ” Juanita, Ampato, Oscar Nilsson, Juanita, , Dagmara, bioarchaeologist, Socha, Johan Reinhard, Miguel Zarate, Reinhard, Zarate, Nilsson, ” Nilsson, capacocha, , Pichu, ” Socha Organizations: CNN, Center, Andean Studies, University of Warsaw, Catholic University of Santa, Sanctuaries, Centro Textiles, Visitors Locations: Ampato, Swedish, Peru, Peruvian, Chile, Catholic University of Santa María, Chinchero, Cusco, Inca, Chachani
Countries pledged in the 2015 Paris Agreement to hold global warming to within 1.5C above pre-industrial temperatures but the new paper by a team of scientists, including from NASA and Columbia University, adds to evidence suggesting that this goal is already out of reach. Most emissions scenarios under the United Nations Intergovernmental Panel on Climate Change (IPCC) envision the world breaching 1.5C during the 2030s. EARTH SENSITIVITYThe study's findings, published in the journal Oxford Open Climate Change, result from two factors. The IPCC has given a best-guess estimate that the doubling of atmospheric carbon dioxide levels would yield global warming of around 3C (5.4F). Cleaning the skies, while bringing health benefits and saving lives, accelerates climate change.
Persons: Thomas Peter, James Hansen of, Michael Mann, Pennsylvania's Mann, Klaus Hubacek, Katy Daigle, Gareth Jones Organizations: REUTERS, NASA, Columbia University, United Nations, James Hansen of Columbia, Earth Institute, University of Pennsylvania, IPCC, University of Gronigen, Thomson Locations: Gan, Nanchang, Jiangxi province, China, UN, Paris, 1.5C, heatwaves, Libya, Dubai, 4.8C
The Fed last raised its benchmark rate, the federal funds rate, in July to a range of 5.25 to 5.5 percent. In recent weeks, the long-term market rates that influence many types of consumer and business loans have drifted higher, even as the Fed left its key rate on hold. Car LoansHigher loan rates have been dampening auto sales, particularly in the used-car market, because loans are more expensive and prices remain high, experts said. Used-car rates were even higher: The average loan carried an 11.4 percent rate in September, matching a high set earlier in the year. Home-equity lines of credit and adjustable-rate mortgages — which each carry variable interest rates — generally rise within two billing cycles after a change in the Fed’s rates.
Persons: , Anna N’Jie, Bankrate.com, Matt Schulz, Jonathan Smoke, that’s, Freddie Mac, Ken Tumin, DepositAccounts.com Organizations: Federal Reserve, Fed, Re, LendingTree, Cox Automotive, Treasury, Savings Vehicles Savers, Consumers, DepositAccounts.com Locations: LendingTree
Policymakers at the Federal Reserve will announce their latest decision on interest rates on Wednesday, and although they are expected to keep rates steady, their assessment of the economy often moves markets, with implications for borrowers and savers. The Fed last raised its benchmark rate, the federal funds rate, in July to a range of 5.25 to 5.5 percent. A series of rate increases that began in March last year was intended to rein in inflation, which has cooled but remains elevated, leading Fed officials to suggest that they will keep rates high for a prolonged period of time. That means the cost of credit cards and mortgages may remain relatively high, making it more difficult for people who want to pay down debt — as well as those who want to take out new loans to renovate their kitchen or buy a new car. In recent weeks, the long-term market rates that influence many types of consumer and business loans have drifted higher, even as the Fed left its key rate on hold.
Persons: , Anna N’Jie Organizations: Federal Reserve, Fed, Re
But the deceleration of inflation has slowed, and solid economic growth could keep inflation elevated or even send it higher. As a result, Powell and other Fed officials aren't yet willing to take a final rate hike off the table. The surge in Treasury yields has caused the average 30-year fixed mortgage rate to reach nearly 8%. Market analysts say an array of factors have combined to force up Treasury yields. As a result, higher Treasury rates may be needed to attract more buyers.
Persons: Jerome Powell, Powell, Michael Arone, , ” Powell, Christopher Waller Organizations: WASHINGTON, Federal, State Street Global Advisors, , Fed, Treasury, Wall Locations: Wall
Family members are affected too — they may need to take time off work during the most intensive phase of the treatment. Additionally, most Americans with sickle cell are Black and may not trust a health care system that has often failed to provide the most basic preventive and therapeutic care for those with the disease. Some with sickle cell are anxious about undergoing a medical treatment that is on the cutting edge of biotechnology. “We are finally at a spot where we can envision broadly available cures for sickle cell disease,” said Dr. John Tisdale, director of the cellular and molecular therapeutics branch at the National Heart, Lung and Blood Institute and a member of the advisory committee. Kyra is now in intensive care as doctors try to control her pain.
Persons: It’s, , John Tisdale, Dana Jones, San Antonio, Kyra Organizations: Blood Institute
Market analysts say an array of factors have combined to force up Treasury yields. As a result, higher Treasury rates may be needed to attract more buyers. That suggests that Treasury yields may stay unusually high even if the Fed keeps its own benchmark rate on hold. Many business and consumer loan rates might, in turn, also stay high, helping keep a lid on economic growth and inflation. Wall Street traders foresee a 98% probability that the Fed will leave interest rates unchanged Wednesday, according to the CME FedWatch Tool.
Persons: Jerome Powell, Powell, ” Powell, , Goldman Sachs, reacceleration, , Alan Blinder, Blinder, ” Blinder Organizations: WASHINGTON, Federal, Fed, Treasury, Wall, Goldman, Princeton University, Associated Press, American Academy of Political, Social Science Locations: Wall, COVID, Washington
It Might Be Time to Consider Timisoara
  + stars: | 2023-10-27 | by ( Andy Trincia | ) www.nytimes.com   time to read: +1 min
Families stroll and savor gelato cones as bike couriers whiz by. Pensioners relax on benches near manicured flower beds while earbud-wearing hipsters walk dogs and children chase pigeons by a fountain laden with bronze fish. The scene in Victory Square in Timisoara, Romania, is quintessentially European — modern meets Old World. Romanians and history buffs know Timisoara for its leading role in the bloody Romanian revolution in December 1989, when local protests set off a nationwide wave that toppled dictator Nicolae Ceausescu. As I gaze at vibrant Victory Square, it’s hard to envision 100,000 anti-Communist protesters crammed together during those fateful days.
Persons: Nicolae Ceausescu Organizations: Pensioners, National Opera House, Metropolitan Orthodox Cathedral, Communist Locations: Timisoara, Romania
Lab models of human embryos raise hopes and concerns
  + stars: | 2023-10-26 | by ( Katie Hunt | ) edition.cnn.com   time to read: +14 min
From the moment sperm fuses with an egg, human embryo development involves a string of complex and little understood processes. What happens during human embryo development, particularly in the crucial first month, remains largely unknown. However, 14 days is an important milestone because it is when permitted lab research on cultured human embryos routinely ends. He said, in the future, it might be possible to go as far as 40 days with human embryo models. Some in the field envision a “tipping point” wherein human embryo models might be afforded some protection like those surrounding human embryos, as scientific advances diminish the differences between the embryo models and their real-life counterparts.
Persons: CNN — It’s, , Jacob Hanna, demystify, they’ve, Hanna, “ It’s, ” Hanna, , Peter Rugg, Gunn, it’s, , Robin Lovell, Francis Crick, Naomi Moris, Francis Crick Institute’s, Moris, we’ve, ” Moris, It’s, Bobbie Farsides, ” Farsides Organizations: CNN, Weizmann Institute of Science, Weizmann Institute, Israel, Weizmann, Babraham Institute, International Society for Stem Cell Research, Stem Cell, Francis, Francis Crick Institute, Genetics, Development, , Sussex Medical School Locations: Israel, London, Brighton
But after years of trying, the basic structure of buying and selling a home remains pretty much the same. Even if you accept a bit of intricacy, real estate remains a stodgy industry — and regulation is at the core of that resistance to change. Despite the best efforts of would-be disruptors to cut out this middleman, 88% of buyers this year enlisted a real-estate agent, a Zillow survey found. Short of a tech-enabled homebuying nirvana, there are some other changes that could make the process easier for consumers. Saul Klein, an early internet evangelist in the real-estate industry, told me he sees an approaching "paradigm shift."
Persons: that's, you'll, they're, it's, Mike DelPrete, Rob Hahn, DelPrete, aren't, they'd, pocketing, , ClosingCorp, we're, John Berkowitz, hasn't, Berkowitz, They're, Bobby Bryant, Bryant, Rich Barton, Wendy Gilch, Gilch, Saul Klein, Klein, James Rodriguez Organizations: Companies, University of Colorado Boulder, National Association of Realtors, Ojo, Group Inc, Universal Locations: Washington, California, Georgia
During a test in September, a drone flew on and off a British aircraft carrier for the first time. A difficult operationRoyal Navy airman secure a W Autonomous Systems drone aboard HMS Prince of Wales in early September. In 2021, the Royal Navy tested a drone system meant to help crews train to defend against incoming jets and missiles. AdvertisementAdvertisementTurkey's navy will soon add TCG Anadolu, the world's first aircraft carrier designed for a drone air wing. The US Air Force's Next Aircraft Dominance Program is developing a sixth-generation family of aircraft, drone wingmen designed to fly alongside piloted planes.
Persons: , Wales, Richard Hewitt, HMS Prince, LPhot Finn Stainer, Hutchins, Hewitt, Merlin, Ash Loftus, Prince, Burak, NavyMCS2 Colby, Alex Hollings, Hollings, George H.W, George H.W . Bush, MCS3 Brandon Roberson, Constantine Atlamazoglou Organizations: Service, Royal Navy, Autonomous Systems, Royal Navy Carrier Strike Groups, Wildcat, Fleet, Royal Navy Air Test, Anadolu, Anadolu Agency, Getty Images, US Air Force, Navy, US, Force's, Air Force, US Navy, Fletcher School of Law, LinkedIn, Twitter Locations: British, Prince, Wales, Dardanelles, Tulsa, Vietnam, George H.W .
Atlanta Federal Reserve President Raphael Bostic on Friday said he doesn't envision interest rate cuts happening until well into 2024. "I would say late 2024," Bostic replied when asked for a time frame when the first decrease could come. The Fed has raised its key borrowing rate 11 times since March 2022 for a total of 5.25 percentage points. My outlook says that inflation is going to come down but it's not going to like fall off a cliff," Bostic said during the "Squawk Box" interview. Bostic is not a voting member this year of the rate-setting Federal Open Market Committee, but will get a vote in 2024.
Persons: Raphael Bostic, there's, Bostic, it's Organizations: Atlanta Federal Reserve, CNBC, Fed, Market Locations: Atlanta
Other lessons do apply, but not in any simple way. But not every aggressive path America took after 9/11 looks mistaken in hindsight. The long-term debacle of our Afghanistan occupation doesn’t make our initial decision to topple the Taliban unwise. Setting out to destroy the Islamic State’s caliphate rather than seeking stable coexistence was a correct and successful call. Reportedly that kind of cruise-missile minimalism is what Bin Laden expected from America after Sept. 11 as well.
Persons: doesn’t, Al, Clinton, Al Qaeda’s, Locations: Israel, Iraq, Afghanistan, Al Qaeda, America
After the Cleveland Electric Illuminating Company flipped the switch on its sprawling new Avon Lake site in 1926, the brick behemoth, then one of the world’s largest coal-fired power plants, helped usher in a new era of regional economic growth in northeastern Ohio. Nearly a century later, the plant sits dismantled and disconnected. It was shut down in 2022, and just one of its six towering smokestacks remains. The proposed cleanup and redevelopment of this ossified power plant joins a growing collection of such projects across the nation. The sites were so decayed, community members considered them a blemish.
Organizations: Cleveland Electric Locations: Avon, Ohio, Lake Erie, Hell
CAPE CANAVERAL, Fla. (AP) — NASA’s Psyche spacecraft rocketed away Friday on a six-year journey to a rare metal-covered asteroid. SpaceX launched the spacecraft into an overcast midmorning sky from NASA’s Kennedy Space Center. Scientists envision spiky metal craters, huge metal cliffs and metal-encrusted eroded lava flows greenish-yellow from sulfur — “almost certain to be completely wrong,” according to Elkins-Tanton. Led by Arizona State University on NASA’s behalf, the $1.2 billion mission will use a roundabout route to get to the asteroid. So instead of arriving at the asteroid in 2026 as originally planned, the spacecraft won’t get there until 2029.
Persons: , NASA’s, , , Laurie Leshin, Jim Bell, Jules Verne, Lindy Elkins, it’s, speck, It's Organizations: SpaceX, NASA’s Kennedy Space Center, Jet Propulsion, NASA, Arizona State University, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: CAPE CANAVERAL, Fla, Arizona, Tanton, Elkins, Utah
Excluding volatile food and energy costs, “core” prices likely also rose 0.3% in September, the same as in August. The Fed tracks the core figure in particular as a good indicator of the likely future path of inflation. That would mean that the Fed would probably keep its short-term rate higher for longer than investors had expected last summer. The result has been an increased supply of Treasuries, which means a higher yield is needed to attract enough buyers. Economists note that some wild-card factors might have caused inflation to come in higher or lower than expected in September.
Persons: They're, Christopher Waller Organizations: WASHINGTON, Federal, Fed, Fed's, of Governors, AAA Locations: United States
Insurer Humana's longtime CEO Broussard to step down next year
  + stars: | 2023-10-11 | by ( ) www.reuters.com   time to read: +1 min
Oct 11 (Reuters) - Humana (HUM.N) CEO Bruce Broussard will step down in the second half of 2024 after more than a decade at the helm, the insurer said on Wednesday and named healthcare veteran Jim Rechtin as his successor. Shares of the company, which grew seven-fold in value under 61-year-old Broussard, fell 2.8% to $486.4 in premarket trading. He led Humana to become the second-largest provider of Medicare Advantage in the U.S. by tripling its membership for the government-backed program to more than 5 million customers. His successor, Rechtin, will join Humana from Envision Healthcare, a U.S. provider of physicians where he is CEO and president. Broussard also helped the insurer expand beyond Medicare Advantage plans for older adults with the launch of healthcare services under the CenterWell brand in 2021.
Persons: Bruce Broussard, Jim Rechtin, Broussard, Rechtin, Kurt Hilzinger, Humana, Khushi, Arun Koyyur Organizations: Humana, Healthcare, Thomson Locations: U.S, Bengaluru
Novo Nordisk — The Danish drugmaker stock added 5.5% after saying late Tuesday it was halting Ozempic's kidney disease treatment trial after a committee said an analysis showed signs of success. DaVita , Fresenius Medical Care , Baxter International — Shares of dialysis services providers DaVita and Fresenius Medical Care sank 18.4% and 19.6%, respectively, on Novo Nordisk's news. Exxon Mobil , Pioneer Natural Resources — Exxon Mobil shares fell more than 4% after the largest U.S. oil and gas producer agreed to buy shale rival Pioneer Natural Resources for $59.5 billion in an all-stock deal, or $253 per share. Amgen — The biopharma stock added 3.5% following an upgrade from Leerink to outperform. On Wednesday, B. Riley upgraded shares to buy from neutral, saying Coherent's silicon carbide business could be worth more than the Street's current estimate.
Persons: Eli Lilly, Bruce Broussard, Jim Rechtin, Amgen, David Risinger, Goldman Sachs, Jeffrey Brown, Tim Wentworth, Riley, Raymond James, — CNBC's Michael Bloom, Hakyung Kim, Yun Li, Lisa Han Organizations: Novo Nordisk, Novo Nordisk —, Baxter, Fresenius, Novo Nordisk's, Baxter International, Exxon Mobil, Natural Resources, Exxon, Exxon's, Mobil, Healthcare, Goldman, Walgreens, Alliance Locations: Danish, Novo
Humana CEO Bruce Broussard will step down next year after more than a decade leading the health-insurance giant. Humana has tapped Jim Rechtin, head of Envision Healthcare, to be its next CEO. Weaving together insurance benefits with care delivery is meant to make healthcare easier for people to navigate and improve patients' health, Broussard said. One example is Humana's recent push into behavioral healthcare, Broussard said. That startup will eventually become part of Humana, Broussard said.
Persons: Bruce Broussard, Jim Rechtin, Broussard, , Rechtin, " Broussard, Rafael Henrique, Humana Organizations: Healthcare, Humana, Indiana's DePauw University, Harvard, Getty, Aetna, Oak Street Health, Iora, One, General Atlantic Locations: The Louisville , Kentucky, DaVita, Group's California, Kentucky, UnitedHealth
Rivera recently shared her thoughts and expertise on several topics ahead of the CNBC FA Summit on October 12. Prior to FirstGen Wealth, Rivera previously worked at primarily large wealth-management firms including AllianceBernstein, Merrill Lynch and TIAA, serving clients with $5-10 million of net worth. CNBC: What advice would you give financial advisors who are trying to find more clients among what could be considered traditionally underserved communities? This isn't just about numbers; it's about creating a financial foundation that supports the life you want to live. Rivera: The financial planning space has been this rigid system of serving a specific demographic in a box.
Persons: Rivera, Merrill Lynch, It's, I've, let's Organizations: CNBC, Summit, AllianceBernstein, CNBC's Locations: Latina, TIAA, ShoreBank
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