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☆ Former U.S. Army sergeant charged with offering classified information to China
▼ + stars: | 2023-10-06 | by ( Chelsey Cox | ) www.cnbc.com time to read: +2 min

WASHINGTON — A former U.S. Army sergeant was arrested on Friday for allegedly attempting to provide classified national security information to China, the Department of Justice said. Schmidt allegedly initiated efforts to provide Chinese intelligence with U.S. defense information after separating from the military in January 2020, the department said. He was part of the 109th Military Intelligence Battalion, where he had access to information classified "Secret" and "Top Secret," the DOJ said. He also is accused of reaching out to both the Chinese Consulate in Turkey and the Chinese security services via email to offer the information. "Individuals entrusted with national defense information have a continuing duty to protect that information beyond their government service and certainly beyond our borders," said Matthew Olsen, assistant Attorney General for National Security, in a statement.

Persons: WASHINGTON —, Joseph Daniel Schmidt, Schmidt, Schmidt's, Matthew Olsen, Tessa Gorman, Gorman Organizations: Defense, Pentagon, Washington D.C, U.S . Army, Department of Justice, DOJ, Joint, Lewis, McChord, 109th Military Intelligence Battalion, Consulate, National Security, Attorney, Western, of, of Defense Locations: Washington, United States, China, San Francisco, Hong Kong, Seattle, U.S, Turkey, of Washington

[1/7] Healthcare workers strike in front of Kaiser Permanente Los Angeles Medical Center, as more than 75,000 Kaiser Permanente healthcare workers go on strike from October 4 to 7 across the United States, in Los Angeles, California, U.S. October 4, 2023. Kaiser said its hospitals and emergency departments remained open, staffed by doctors, managers and "contingency workers." They are represented by the SEIU United Healthcare Workers West. The Kaiser labor coalition, made up of eight unions representing medical professionals and support staff, insists the company needs to hire 10,000 new healthcare workers to fill current vacancies. Kaiser nationwide employs 68,000 nurses and 213,000 technicians, clerical workers, and administrative staff, alongside its 24,000 doctors.

Persons: Kaiser, Christina Andersen, Michael LeRoy, Ahmed Aboulenein, Bhanvi Satija, Bill Berkrot Organizations: Healthcare, Kaiser Permanente Los Angeles Medical Center, Permanente, REUTERS, Rights, Kaiser Permanente, U.S . Bureau of Labor Statistics, District Columbia, Kaiser, Labor, Tenet Healthcare, SEIU United Healthcare Workers, SEIU, University of Illinois, D.C, Thomson Locations: United States, Los Angeles , California, U.S, Kaiser, California , Oregon, Washington , Colorado, Virginia, Claremont , California, California, Los Angeles, Las Vegas, University of Illinois Urbana, Champaign, Washington, California , Colorado , Oregon

[1/7] Healthcare workers strike in front of Kaiser Permanente Los Angeles Medical Center, as more than 75,000 Kaiser Permanente healthcare workers go on strike from October 4 to 7 across the United States, in Los Angeles, California, U.S. October 4, 2023. "After six months of bargaining with the Coalition of Kaiser Permanente Unions, including a marathon effort that went through last night and into today, our bargaining sessions unfortunately ended without a settlement," Kaiser said. They are represented by the SEIU United Healthcare Workers West. The Kaiser labor coalition, made up of eight unions representing medical professionals and support staff, insists the company needs to hire 10,000 new healthcare workers to fill current vacancies. Kaiser nationwide employs 68,000 nurses and 213,000 technicians, clerical workers, and administrative staff, alongside its 24,000 doctors.

Persons: Kaiser, Christina Andersen, Michael LeRoy, Ahmed Aboulenein, Bhanvi Satija, Bill Berkrot, Navaratnam 私 Organizations: Healthcare, Kaiser Permanente Los Angeles Medical Center, Permanente, REUTERS, Rights, Kaiser Permanente, Reuters, Coalition, Kaiser Permanente Unions, U.S . Bureau of Labor Statistics, District Columbia, Kaiser, Labor, Tenet Healthcare, SEIU United Healthcare Workers, SEIU, University of Illinois, D.C Locations: United States, Los Angeles , California, U.S, California , Oregon, Washington , Colorado, Virginia, Claremont , California, California, Los Angeles, Las Vegas, University of Illinois Urbana, Champaign, Washington, California , Colorado , Oregon

Healthcare workers strike in front of Kaiser Permanente Los Angeles Medical Center, as more than 75,000 Kaiser Permanente healthcare workers go on strike from October 4 to 7 across the United States, in Los Angeles, California, U.S. October 4, 2023. WHAT ARE KAISER WORKERS' DEMANDS AND WHAT IS THE COMPANY OFFERING? Some of the key demands by the workers include higher pay to keep up with the cost of living, a $25-per-hour minimum wage for all healthcare workers, and a reformed bonus structure. The union insists Kaiser needs to hire 10,000 new healthcare workers to fill current vacancies, as well as "fix broken hiring processes" that are preventing full staffing. The unions are asking Kaiser Permanente to make massive investment in the education and training of future healthcare workers, and for a diminished role for vendors and third-party contractors that the healthcare network relies on.

Persons: Julie Su, Kaiser, Kaiser Permanente, John August, Russ Richmond, Leroy Leo, Bhanvi, Ahmed Aboulenein, Steve Gorman, Shinjini Ganguli, Diane Craft Organizations: Kaiser Permanente Los Angeles Medical Center, Permanente, REUTERS, Kaiser Permanente, Labor, AMN Healthcare, District of Columbia, Cornell's School of Industrial and Labor Relations, Tenet Healthcare, Satellite Healthcare, Fresenius, Thomson Locations: United States, Los Angeles , California, U.S, Kaiser, California, Bengaluru, Washington, Los Angeles

☆ ‘I’ve always made fun of the rules.’ John Waters has only ever been himself
▼ + stars: | 2023-10-04 | by ( Marie Lodi | ) edition.cnn.com time to read: +10 min

“I could keep all the money,” Waters once told culture website Flavorwire of the screenings. During a press preview for the exhibition, Waters revealed that one item he wished they had procured was Divine’s “cheater” — drag terminology for a prosthetic vulva with fake pubic hair. Whether it’s subverting a four-figure tub of moisturizer or Hollywood, Waters has always been true to himself. “I’ve always made fun of the rules of the world that I live in. That’s how you can have fun, by breaking some of them.”One rule Waters isn’t breaking, however, is his daily writing schedule.

Persons: CNN —, John Waters, Jenny He, Dara Jaffe, Greg Gorman, Waters, Glenn Milstead, Mink, Edith Massey, Cookie Mueller, Mary Vivian Pearce, Lawrence Irvine, Prince, Puke, William S, that’s, ”, Kathleen Turner, “, ” Jaffe, Charles White, ” Waters, Marjorie Taylor Greene, That’s, he’s, —, you've, ” Chris Pizzello, thusfar, Divine, Ricki Lake, Traci Turnblad, Traci, Amber Von Tussle’s, Van Smith, Isabelle Huppert — Waters, “ I’ve, There’s Organizations: CNN, Academy Museum Foundation, Hollywood, Academy Museum of Motion Pictures, NYU, Warner Bros, Burroughs, Academy Museum, Wesleyan University, Charles White / Academy Museum Foundation, New York Times, Maybelline Locations: Los Angeles, American, Lutherville , Maryland, Baltimore, Sleaze, LA, Middletown , Connecticut, Cape Cod, Waters, Hollywood, Seattle

[1/2] A Kaiser Permanente health care center is pictured in Anaheim, California, U.S., October 3, 2023 as more than 75,000 Kaiser Permanente healthcare workers could go on strike from Oct. 4 to Oct. 7 across the United States. REUTERS/Mike Blake Acquire Licensing RightsCompanies Kaiser Permanente FollowWASHINGTON, Oct 3 (Reuters) - Kaiser Permanente appeared headed for a labor clash with 75,000 of its healthcare workers as union leaders said contract talks had stalled on Tuesday, leaving the two sides hours away from a threatened three-day strike in several states. Kaiser said its hospitals and emergency departments would remain open in the event of a strike, staffed by doctors, managers and other non-union "contingency workers." As of Tuesday, the Coalition of Kaiser Permanente Unions said the healthcare giant had yet to offer acceptable terms to address severe staffing shortages, or to embrace adequate improvements in pay and benefits sought by the workers. Staffing levels have been a major sticking point, with the union insisting Kaiser needs to hire 10,000 new healthcare workers to fill current vacancies.

Persons: Mike Blake, Kaiser Permanente, Kaiser, Caroline Lucas, Hilary Costa, Ahmed Aboulenein, Steve Gorman, Bill Berkrot, Gerry Doyle Organizations: Kaiser Permanente, Permanente, REUTERS, D.C, Union, Coalition, Kaiser Permanente Unions, Kaiser, U.S . Bureau of Labor Statistics, Thomson Locations: Anaheim , California, U.S, United States, California , Oregon, Washington, , Colorado, Virginia, Georgia, Hawaii, California , Colorado , Oregon, Los Angeles

Actors, writers and other union members gather around a speaker as SAG-AFTRA and WGA strikers demonstrate in Manhattan in New York City, New York, U.S., August 22, 2023. REUTERS/Mike Segar/File Photo Acquire Licensing RightsLOS ANGELES, Oct 2 (Reuters) - Negotiators for striking Hollywood actors resumed contract talks on Monday with representatives of major studios, television networks and streaming services, marking the first time the two sides have returned to the bargaining table since mid-July. Renewed talks between the SAG-AFTRA actors union and the Alliance of Motion Picture and Television Producers (AMPTP) came eight days after the producers clinched a separate contract deal with Hollywood writers, who launched their own strike on May 2, about 10 weeks before the actors. In the area of artificial intelligence, actors want to protect their images and work from being replaced by computer-generated "digital replicas." The resumption of contract talks between the actors and studios also coincided with network television's late-night hosts - Jimmy Fallon, Stephen Colbert, Seth Meyers and Jimmy Kimmel - bringing their shows back to television on Monday.

Persons: Mike Segar, Jimmy Fallon, Stephen Colbert, Seth Meyers, Jimmy Kimmel, John Oliver, Dawn Chmielewski, Steve Gorman, Gerry Doyle Organizations: WGA, REUTERS, Hollywood, SAG, Alliance, Television Producers, Guild of America, Thomson Locations: Manhattan, New York City , New York, U.S, Hollywood's, Los Angeles

☆ Netflix replaces top ad exec after one year in surprise shakeup, putting a company insider in charge of the growing business
▼ + stars: | 2023-10-03 | by ( Lucia Moses | ) www.businessinsider.com time to read: +4 min

Netflix replaced its top advertising executive, Jeremi Gorman, after just a year, in a surprise shakeup of its nascent ads business. Insiders said they believed the choice of Reinhard to replace Gorman was a move designed to help sell the advertising business internally. But she's been with the company since 2016 and is known as a level-headed exec who understands the Netflix culture well. This summer, the company eliminated its lowest-priced ad-free tier to incentivize customers to sign up for the ads tier. We've built a world-class team and laid the foundations needed to create a forever ads business."

Persons: Jeremi Gorman, Gorman, Peter Naylor —, Amy Reinhard, Naylor, Reinhard, Greg Peters, Eunice Kim, Elizabeth Stone, she's, She's, they've, We've, Spencer Neumann, Peters Organizations: Netflix, Microsoft, Yahoo

☆ Elon Musk wades into US immigration debate at Texas-Mexico border
▼ + stars: | 2023-09-29 | by ( Brian Snyder | ) www.reuters.com time to read: +3 min

REUTERS/Daniel Becerril Acquire Licensing RightsEAGLE PASS, Texas, Sept 28 (Reuters) - Billionaire Elon Musk waded into the U.S. immigration debate on Thursday, paying a visit to the Texas border with Mexico to meet with local politicians and law enforcement and obtain what he called an "unfiltered" view of the situation. The sharp increase, notably around San Diego, California, and the Texas border towns of El Paso and Eagle Pass, follows an earlier lull in unauthorized border crossings following a new asylum policy imposed by Democratic President Joe Biden's administration to discourage such activity. Musk, a native of South Africa, noted his own status as an "immigrant to the United States" and called himself "extremely pro-immigrant." In the 4-minute video clip, he introduced U.S. Representative Tony Gonzales, a Republican from Texas whose district spans more than 800 miles of the border, who welcomed Musk and said people along the Texas border "really feel abandoned." Reporting by Brian Synder in Eagle Pass, Texas; Writing and additional reporting by Steve Gorman in Los Angeles; Editing by Scott Malone and Michael PerryOur Standards: The Thomson Reuters Trust Principles.

Persons: Elon Musk, Daniel Becerril, Billionaire Elon, Musk's, Joe Biden's, Musk, Florida Governor Ron DeSantis's, Benjamin Netanyahu, Tony Gonzales, Brian Synder, Steve Gorman, Scott Malone, Michael Perry Organizations: Elon, SpaceX, Tesla, REUTERS, PASS, Billionaire, Democratic, Texas National Guard, Florida Governor, Republican, Twitter, Russia, Space X, Texas Gulf, Thomson Locations: Rio, Eagle, , Texas, U.S, Piedras Negras, Mexico, Texas, Texas , Arizona, California, United States, San Diego , California, El Paso, Rio Grande, South Africa, Gigafactory Texas, Austin, Texas Gulf Coast, Boca Chica, Brownsville, Eagle Pass , Texas, Los Angeles

☆ Sam Bankman-Fried talked crypto with Jerome Powell the same month that the Fed chair met with JPMorgan and Goldman Sachs CEOs
▼ + stars: | 2023-09-28 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Sam Bankman-Fried met with Jerome Powell last year to discuss crypto, per the NYT. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementJerome Powell, the chair of the Federal Reserve, once met with Sam Bankman-Fried to discuss crypto, The New York Times reported. Prior to the meeting, Wetjen sent the Fed chair some policy papers that FTX had recently published, according to the NYT. The FDIC and a spokesperson for Bankman-Fried did not immediately respond to Insider's request for comment, sent outside US working hours.

Persons: Sam Bankman, Fried, Jerome Powell, SBF, Martin Gruenberg, —, Mark Wetjen, Wetjen, FTX, Powell, stablecoins, cryptocurrencies, Goldman Sachs, David Solomon, Jamie Dimon, Morgan Stanley, James Gorman, Lael Brainard Organizations: Wall Street, Service, Federal Reserve, The New York Times, Commodity Futures Trading Commission, JPMorgan Chase, Times, Fed, National Economic Council, Federal Deposit Insurance Corporation, FDIC, Customers Locations: Alameda

☆ U.S. astronaut Rubio and two Russian cosmonauts land in Kazakhstan
▼ + stars: | 2023-09-27 | by ( ) www.reuters.com time to read: +3 min

[1/3] A view shows the Soyuz MS-23 spacecraft (L) carrying Roscosmos cosmonauts Sergey Prokopyev, Dmitry Petelin and NASA astronaut Frank Rubio, who get prepared to leave the International Space Station and head for a parachute-assisted landing on the steppe of Kazakhstan, September 27, 2023. "The crew have returned to earth after a year on the ISS," Russia's Roscosmos, Russia's space corporation, said after the landing on time at 1117 GMT. Rubio, who is 47 and on his first space voyage, travelled back to Earth with Russian cosmonauts Sergey Prokopyev, 48, and Dmitry Petelin, 40. That gave the two Russians and Rubio an unexpectedly extended mission of 371 days in orbit. On Sept. 11, Rubio surpassed the previous NASA record of 355 consecutive days in space set by now-retired U.S. astronaut Mark Vande Hei.

Persons: Sergey Prokopyev, Dmitry Petelin, Frank Rubio, Konstantin, Rubio, he's, Prokopyev, Mark Vande Hei, Russia's Valeri Polyakov, Polyakov, Roscosmos, Guy Faulconbridge, Steve Gorman, Mark Trevelyan, Gareth Jones Organizations: NASA, Space Station, U.S, Space, Soyuz, Army, Blackhawk, Thomson Locations: Kazakhstan, ALMATY, Zhezqazghan, Moscow, Los Angeles, Miami, U.S, Bosnia, Afghanistan, Iraq

☆ California enacts first state tax on guns, ammunition in US
▼ + stars: | 2023-09-27 | by ( Steve Gorman | ) www.reuters.com time to read: +3 min

[1/4] A sign forbidding customers to bring guns inside is seen at the entry of a Whole Foods supermarket in Los Angeles, California, U.S., June 13, 2022. The California excise tax, due to go into effect in July 2024, will essentially add an 11% levy on top of the existing federal excise gun and ammo tax, a rate of 10 or 11%, depending on the type of weapon. Newsom's office said his action on gun safety also came in "the wake of shootings across the country that have left at least 104 people dead over the past 74 hours." "While radical judges continue to strip away our ability to keep people safe, California will keep fighting - because gun safety laws work," Newsom, a Democrat, said in a statement. The California excise tax would be collected on the gross receipts of manufacturers, retailers and dealers derived from gun and bullet sales in the state.

Persons: Lucy Nicholson, Gavin Newsom, Newsom, Steve Gorman, Michael Perry Organizations: Foods, REUTERS, Democratic, California, Association, Thomson Locations: Los Angeles , California, U.S, California, Los Angeles

☆ NASA's first asteroid sample parachutes into Utah desert
▼ + stars: | 2023-09-24 | by ( Steve Gorman | ) www.reuters.com time to read: +4 min

Sept 24 (Reuters) - A NASA space capsule carrying the largest soil sample ever scooped up from the surface of an asteroid streaked through Earth's atmosphere on Sunday and parachuted into the Utah desert, delivering the celestial specimen to scientists. It marked only the third asteroid sample, and by far the biggest, ever returned to Earth for analysis, following two similar missions by Japan's space agency ending in 2010 and 2020. OSIRIS-REx collected its specimen three years ago from Bennu, a small, carbon-rich asteroid discovered in 1999. Parachutes deployed near the very end of the descent, slowing the capsule to about 11 mph before it fell gently onto the desert floor of northwestern Utah. The Bennu sample has been estimated at 250 grams (8.8 ounces), far surpassing the 5 grams carried back from Ryugu in 2020 or the tiny specimen delivered from asteroid Itokawa in 2010.

Persons: REx, NASA's, Steve Gorman, Rosalba O'Brien Organizations: NASA, University of Arizona, Empire, NASA's Johnson Space Center, Thomson Locations: Utah, Salt Lake City, military's, Bennu, Ryugu, Houston, Los Angeles

☆ Capsule with NASA's first asteroid sample heads for Utah touchdown
▼ + stars: | 2023-09-24 | by ( Steve Gorman | ) www.reuters.com time to read: +5 min

The robotic spacecraft OSIRIS-REx is scheduled to release the gumdrop-shaped capsule, transporting about a cup of gravelly asteroid material, at 6:42 a.m. EDT (1042 GMT) for a final descent to Earth, climaxing a seven-year voyage. The spacecraft departed Bennu in May 2021 for a 1.2-billion-mile (1.9-billion-km) cruise back to Earth, including two orbits around the sun. The Bennu sample is estimated at 250 grams (8.8 ounces), far surpassing the 5 grams of material carried back from Ryugu in 2020 or the tiny specimen delivered from asteroid Itokawa in 2010. Scientists hope the integrity of the capsule and inner cannister bearing the asteroid material will be maintained through re-entry and landing, keeping the sample pristine and free of any terrestrial contamination. The main portion of the OSIRIS-REx spacecraft, meanwhile, is expected to sail on to explore yet another near-Earth asteroid, named Apophis.

Persons: Joel Kowsky, REx, climaxing, NASA's, Steve Gorman, Rosalba O'Brien Organizations: United Launch Alliance, V, Cape Canaveral Air Force, NASA, Handout, Reuters, University of Arizona, Empire, NASA's Johnson Space Center, Thomson Locations: Florida, U.S, Utah, Salt Lake City, military's, Ryugu, Houston, Los Angeles

☆ NASA's first asteroid sample on track for Sunday parachute landing in Utah
▼ + stars: | 2023-09-23 | by ( Steve Gorman | ) www.reuters.com time to read: +4 min

Acquire Licensing Rights Read moreLOS ANGELES, Sept 23 (Reuters) - A NASA space capsule carrying a sample of rocky material plucked from the surface of an asteroid three years ago hurtled toward Earth this weekend headed for a fiery plunge through the atmosphere and a parachute landing in the Utah desert on Sunday. OSIRIS-REx collected its specimen from Bennu, a carbon-rich asteroid discovered in 1999 and classified as a "near-Earth object" because it passes relatively close to our planet every six years. The Bennu sample is estimated at 250 grams (8.8 ounces), far surpassing the amount of material carried back from asteroid Ryugu in 2020 and asteroid Itokawa in 2010. The main portion of the OSIRIS-REx spacecraft, meanwhile, is expected to sail on to explore yet another near-Earth asteroid. Reporting by Steve Gorman in Los Angeles, Editing by Rosalba O'BrienOur Standards: The Thomson Reuters Trust Principles.

Persons: REx, Sandra Freund, Lockheed Martin, Dante Lauretta, NASA's, Steve Gorman, Rosalba O'Brien Organizations: United Launch Alliance, V, Cape Canaveral Air Force, NASA, Lockheed, University of Arizona, Empire, NASA's Johnson Space Center, Thomson Locations: Florida, U.S, ANGELES, Utah, military's, Salt Lake City, Tucson, Houston, Los Angeles

☆ Monthly Meeting Q&A with Jim Cramer on 20 stocks in everything from tech to health care to retail
▼ + stars: | 2023-09-22 | by ( Paulina Likos | ) www.cnbc.com time to read: +11 min

Jeff Marks: The upcoming earnings report should be good considering how strong the beer business is doing. Jim Cramer: Estee Lauder CEO Fabrizio Freda was adamant that this quarter wouldn't be any good so everyone is selling it. (Ronald) Jim Cramer: There is no pressure that could pull oil down with the Saudi Arabia oil cuts and Russia export cuts. Jeff Marks: These oil stocks have become great hedges to inflation again, much like they were last year. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Jim Cramer's, Jeff Marks, Jim Cramer, Johnson, Arbitrageurs, Greg, There's, We're, Elliott Management's, I'd, Elliott, Morgan Stanley, Carey, we've, James Gorman, Jim, Estee Lauder, Fabrizio Freda, there's, Dave Cote, Darius Adamczyk, Vimal Kapur, Darius, hasn't, —, Ronald, Rick, We've Organizations: Investing Club, Broadcom, VMWare, AAA, Constellation Brands, Modelo, Elliott Management, Cisco, Palo Alto Networks, Honeywell, Morgan, Morgan Stanley Laguna, GE Healthcare, Natural Resources, Devon Energy, Halliburton, HAL, Costco, Walmart, Kirkland, CNBC Locations: Canada, Johnson, Mel , Pennsylvania, Manville, New Jersey, U.S, Carey , Virginia, Asia, Kyle , Wisconsin, PANW, Omar , Colorado, Saudi Arabia, buybacks, GEHC

☆ Bus carrying high school band rolls over in New York state, killing at least one
▼ + stars: | 2023-09-21 | by ( ) www.reuters.com time to read: +2 min

Sept 21 (Reuters) - A bus carrying members of a high school band rolled over and crashed on a highway in New York state on Thursday, killing at least one person and injuring numerous others. The person killed was an adult, according to NBC's New York affiliate, citing an unnamed source familiar with the situation. The New York State Police said in a posting on social media that the highway was closed at that point. The bus was carrying members of a high school band from Farmingdale, New York, in Nassau County on a trip to a band camp in Greeley, Pennsylvania, according to a statement from the Farmingdale School District posted by local media. Footage from the scene showed the bus had a logo for Regency Buses, a regional bus line that serves New York, New Jersey and Connecticut.

Persons: Kathy Hochul, Brendan O'Brien, Doina Chiacu, Kanishka Singh, Rami Ayyub, Steve Gorman, Lisa Shumaker Organizations: NBC's New, The New York State Police, Farmingdale School, Police, NBC, New, Regency, Thomson Locations: New York, NBC's New York, Wawayanda, New York City, New Jersey, The, Farmingdale , New York, Nassau County, Greeley , Pennsylvania, Farmingdale, Orange County, Orange County , New York, New York , New Jersey, Connecticut, Chicago, Washington

☆ Here's a rapid-fire update on all 35 stocks in the Club's portfolio, including a new buy
▼ + stars: | 2023-09-21 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +12 min

Here's a rapid-fire update on all stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. But for investors who haven't bought into its steep pullback, it's reasonable to buy some shares at current levels around $146.50 each. Unless you believe inflation is going to keep raging, making Microsoft's price-to-earnings multiple too high, then this stock is a buy. Nvidia (NVDA): Investors who don't own Nvidia yet should use its recent weakness to start a position, Jim said. Pioneer Natural Resources (PXD): We decided to buy additional Pioneer shares Thursday as the stock fell more than 2%.

Persons: Jim Cramer's, Jim, Amazon, he's, could've, We're, Jefferies, it's, we'd, Dupont De Nemours, That's, Dupont, Danaher, Bob Iger, Estee Lauder, haven't, Locker, Marry Dillon, Leqembi, Eli Lilly's donanemab, Vimal Kapur, Eli Lilly, Mark Zuckerberg, Morgan Stanley, Morgan, we're, James Gorman, Oracle, Safra Catz, Elliott, Stanley Black, Decker, TJ Maxx, Wells Fargo, Wells, Wynn, Jim Cramer Rob Kim Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Apple, Web Services, Broadcom, Google, Bausch Health, Health, Caterpillar, Costco Wholesale, Costco, Coterra Energy, Coterra, Emerson, National Instruments, Ford, United Auto Workers, GE Healthcare, Honeywell International, Honeywell, Linde, LIN, Mounjaro, Meta, Microsoft, Nvidia, Oracle, Palo Alto Networks, Procter & Gamble, Natural Resources, Starbucks, Constellation Brands, Constellation, Elliott Management, TJX, Marshalls, Wynn Resorts, WYNN Locations: China, India, Dupont, Emerson, Meta, Beijing, HomeGoods

☆ Acting president of Temple University in Philadelphia dies unexpectedly at 72
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: +2 min

Sept 19 (Reuters) - The acting president of Temple University in Philadelphia, JoAnne Epps, fell ill on Tuesday while attending a memorial service on campus and died a short time later, the school said in a statement. Epps appeared to have "suffered a sudden episode" and was "promptly attended to by emergency medical" personnel at the scene, Dr. Daniel del Portal, chief clinical officer for the Temple University Health System, told an afternoon news conference. She was then taken to Temple Hospital, "where resuscitation efforts continued but were unfortunately unsuccessful," del Portal said. "Temple has been a part of my life for as long as I can remember," Epps said in a statement when she was appointed acting president in April. Reporting by Steve Gorman in Los Angeles and Kanishka Singh in Washington; Editing by Michael PerryOur Standards: The Thomson Reuters Trust Principles.

Persons: JoAnne Epps, Epps, Charles Blockson, Daniel del, Jason Wingard, Steve Gorman, Kanishka Singh, Michael Perry Organizations: Temple University, Local, Temple University Health System, Temple Hospital, university's, Thomson Locations: Philadelphia, Los Angeles, Washington

☆ Banks scramble to find leaders equipped for today’s economic realities
▼ + stars: | 2023-09-19 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +6 min

That means most current executives, who came up in the era of easy money, are unfamiliar with the complexities of running a bank under today’s conditions. Some CEOs are deciding that they need to make drastic, expensive and often unpopular institutional changes to help them keep up. Banks currently have strong managers, but not a lot of strong leaders, said David Schiff, senior partner at West Monroe. Prior to the current interest rate hikes, banks had been operating with low-interest, stable rates for nearly two decades, he said. It has not had a strike in its Canadian operations since 1990 and had not had a US strike since 1978.

Persons: Jane Fraser, Fraser, Mike Santomassimo, Truist, Venkatakrishnan, Goldman Sachs, It’s, Roger Hochschild, Morgan Stanley, James Gorman, Banks, David Schiff, That’s, aren’t, ”, Schiff, “, “ There’s, Chris Isidore, Unifor, ” Ford, Lana Payne, Clorox, Jordan Valinsky Organizations: CNN Business, Bell, New York CNN, Citigroup, Citi, Wells, Reuters, Barclays, C.S, CNBC, Discover, Canadian, Ford, Ford Motor Company, United Auto Workers, General Motors, Jeep, Dodge, Chrysler Locations: New York, West Monroe, Canada, Clorox

☆ Thousands of plastic tents are being discarded at festivals. Could cardboard tents be the answer?
▼ + stars: | 2023-09-15 | by ( Rebecca Cairns | ) edition.cnn.com time to read: +9 min

Cardboard camping capsulesEnviroTent started as a school project in 2019, as part of the Young Enterprise competition. Enlisting the help of seasoned mentors, including designer Carsten Astheimer, Evans began taking the cardboard tent from concept to reality. EnviroTent‘It’s not something you need to last forever’EnviroTent isn’t the first to pitch cardboard tents as a solution to festival waste. Dutch company KarTent began producing cardboard tents in 2015, in response to the growing problem of single-use tents. While Heaps prefers people to rent and reuse tents (“The most sustainable items are the items we already own!” she adds), cardboard tents could be a great alternative to plastic tents that only get used once, “especially as the cardboard gets recycled and then reused,” she says.

Persons: Tayla Evans, it’s, ”, Evans, Chris Gorman, –, Carsten Astheimer, ” Evans, EnviroTent, you’re, “, She’s, ‘, KarTent, Timo Krenn, England –, Shambala, Rebecca, Camplight Organizations: CNN, Leeds Festival, Association of Independent, Reading, Young Enterprise, Leeds, Glastonbury Festivals Locations: Reading, England, Oxfordshire, Europe, Australia, New Zealand, Northamptonshire, Glastonbury, Leeds

☆ KeyCorp CEO Chris Gorman: We have a variety of ways to generate capital organically
▼ + stars: | 2023-09-11 | 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 EmailKeyCorp CEO Chris Gorman: We have a variety of ways to generate capital organicallyKeyCorp CEO Chris Gorman joins 'Squawk on the Street' to discuss the future of regional banks and more.

Persons: Chris Gorman

☆ Los Angeles City Council acts to spare Marilyn Monroe house from demolition
▼ + stars: | 2023-09-08 | by ( Steve Gorman | ) www.reuters.com time to read: +3 min

[1/5] The new US postage stamp commerating actress Marilyn Monroe, was unveiled in New York January 5, 1995. Monroe purchased the single-story, 2,900-square-foot (270-sq-meter) house in the early 1960s for $75,000 after the end of her third marriage, to playwright Arthur Miller, according to the Los Angeles Times. It was sold to the Glory of the Snow Trust for $8.35 million earlier this year. Park, whose council district includes Brentwood, said her office had received hundreds of calls urging her to take action to spare the house. Reporting by Steve Gorman in Los Angeles; Editing by Sandra MalerOur Standards: The Thomson Reuters Trust Principles.

Persons: Marilyn Monroe, Mike Segar, Marilyn Monroe's, Councilwoman Traci, Jamie Paige, Paige, Monroe, Arthur Miller, Steve Gorman, Sandra Maler Organizations: REUTERS, Los Angeles City, city's, Safety, Council, Los Angeles Times, Times, Snow LLC, Snow Trust, The Times, Thomson Locations: New York, Spanish, L.A, Brentwood, Los Angeles

☆ Pirelli calendar 2024: Idris Elba, Naomi Campbell and Angela Bassett top latest edition
▼ + stars: | 2023-09-07 | by ( Ayanda Ntuli | ) edition.cnn.com time to read: +5 min

CNN —Featuring Idris Elba, Angela Bassett and Naomi Campbell, the latest edition of the prestigious Pirelli calendar is the first to have been shot by a Black photographer in its more than half-century history. Known as “The Cal,” the Pirelli calendar started in 1964. Until the 2024 edition, no Black photographer had been selected for the commission. Prince Gyasi directs actor Angela Bassett for the 2024 Pirelli calendar. Alessandro ScottiGyasi chose to shoot some of his subjects for the 50th Pirelli calendar in Ghana, where some of them have ties.

Persons: CNN —, Idris Elba, Angela Bassett, Naomi Campbell, Prince Gyasi, ”, Tiwa Savage, Amanda Gorman, Otumfuo Osei Tutu II, Asante, supermodels Christy Turlington, Linda Evangelista, Claudia Schiffer, Cindy Crawford, Campbell, Patrick Demarchelier, Nick Knight, Annie Leibovitz, risqué photoshoots, Terence Donovan, Edward Enninful, Tim Walker, Alessandro Scotti Gyasi, Burna, “ I’m, “, “ They’ve, ” Gyasi, “ We’ve, you’re, Alessandro Scotti, ” Pirelli Organizations: CNN, Pirelli, Cal, Black, Black British Vogue, Puma, Apple, Converse, Balmain, GQ, Idris Elba braves Locations: Ghanaian, Ghana, West African, Black British, White, Accra, Kumasi, Ashanti Region, Elba

The logo for Morgan Stanley is seen on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 3, 2021. REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsNEW YORK, Sept 7 (Reuters) - Wealthy clients going to a Morgan Stanley banker to discuss their investments may soon have a different sort of experience: having a chatbot listen to their conversation. They signed a deal last summer in which Morgan Stanley has preferred access in product development for wealth management. WEALTH RACEThe AI initiative is part of Morgan Stanley's strategy to drive its wealth division, where net revenue surged 16% to a record in the second quarter and new client assets grew $90 billion. Morgan Stanley is not alone in its AI efforts.

Persons: Morgan Stanley, Andrew Kelly, Sal Cucchiara, Morgan Stanley's, Cucchiara, Andy Saperstein, Sam Altman, Boris Power, OpenAI, they'll, Morgan, James Gorman, JPMorgan Chase, Teresa Heitsenrether, Erica, Nick Reed, Michael Abbott, Abbott, Tatiana Bautzer, Lananh Nguyen, Megan Davies, Nick Zieminski Organizations: New York Stock Exchange, REUTERS, Bankers, Saperstein, Wall, JPMorgan, Rival Bank of America's, OpenAI, Microsoft, Accenture, Thomson Locations: Manhattan , New York City, U.S, California, New York

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