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☆ This industrial stock reporting Friday could indicate an economic slowdown. How to trade it
▼ + stars: | 2024-07-08 | by ( Michael Khouw | ) www.cnbc.com time to read: +5 min

With earnings season kicking off, we'll break down an industrial stock reporting Friday and how to trade it. Historically, Alcoa Inc. marked the start of earnings season, being one of the first major companies to report results. It has underperformed the S & P year-to-date, down nearly 2.5% and declining more than 20% since the late March highs. The company's sales data, reflecting real-time demand for industrial and construction supplies, is closely linked to economic health. The trade Given the expectation that the stock is unlikely to rebound on earnings, a calendar spread could be a suitable trade.

Persons: Wells Fargo, Wells, we're Organizations: Alcoa Inc, JPMorgan Chase, Citigroup, Fastenal, CNBC, NBC UNIVERSAL Locations: Wells, U.S, United States, Fastenal

☆ 3 big mistakes people traveling to Japan make, according to someone who's visited 11 times
▼ + stars: | 2024-07-08 | by ( Maria Noyen | ) www.businessinsider.com time to read: +5 min

Read previewOut of the 34 countries travel blogger Grace Cheng has visited, none has left such a lasting impression than Japan. AdvertisementCheng first visited Japan in 2017, and she's gone 11 times since then. "Tokyo is not Japan," Cheng said. "The best way to experience the streets and just get to know the country itself is just to get lost," Cheng said. "The best restaurants that I've found have come from stumbling upon them just walking the streets," she said.

Persons: —, Grace Cheng, Cheng, she's, Sean Pavone, MIXA, it's, Rasmus Jurkatam, I've Organizations: Service, Business, International Trade Administration, Google Locations: Japan, NYC, Kyoto, Tokyo, Sapporo, Hokkaido, Osaka

☆ ‘We don’t want to leave people behind’: AI is helping disabled people in surprising new ways
▼ + stars: | 2024-07-08 | by ( Clare Duffy | ) edition.cnn.com time to read: +7 min

But advancements in AI technology are already beginning to remove the need for volunteer helpers on the other end. Applications for blind users are just one area where AI is helping to advance what’s known as “assistive technology,” tools designed to help people who are disabled or elderly. New generative AI tools are especially promising for accessibility applications because they’re designed to understand and produce information in various formats, including text, audio, photos and videos. The effort, called the Speech Accessibility Project, involves collecting recordings from volunteers with conditions such as Parkinsons, Down Syndrome, ALS and other disabilities that can affect speech. “We don’t want to leave people behind … technology in general has the ability to level the playing field,” Andersson said.

Persons: Matthew Sherwood, Sherwood, Chris, OpenAI, ” Sherwood, Eve Andersson, Google’s, ” Andersson, ”, Clarion Mendes, ” Mendes Organizations: New, New York CNN, Google, Apple, Tech, CNN, Big Tech, Microsoft, University of Illinois, Clarion Locations: New York, University of Illinois Urbana, Champaign

☆ Investors can nab attractive dividends with these high-quality stocks
▼ + stars: | 2024-07-08 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

Those dividends may begin to look more attractive to investors as the Federal Reserve starts cutting interest rates. UBS compiled a list of global, high-quality dividend stocks using its quantitative models, as well as its fundamental analysts. "Throughout the process, we emphasise the stability and growth potential of dividend streams, as opposed to the current yield," analyst Claire Jones said. Investors can grab a 2.69% dividend yield with Home Depot . The oil giant boasts a 3.35% dividend yield and is up more than 11% so far this year.

Persons: What's, Claire Jones, Richard McPhail, Giovanni Staunovo, Brent, Jonathan Woloshin, Sempra, Jeffrey Martin, CNBC's Jim Cramer, Melissa Repko, Spencer Kimball Organizations: UBS, Federal Reserve, Depot, CNBC, Exxon Mobil, Exxon, Pioneer Natural Resources, CME Group, JPMorgan, Group, Utilities Locations: Saudi, Aramco

☆ Opinion: Many people can’t physically flee disasters. We are failing to help them
▼ + stars: | 2024-07-07 | by ( Opinion L. Vance Taylor | ) edition.cnn.com time to read: +14 min

Editor’s Note: Luis “Vance” Taylor is the chief of the Office of Access and Functional Needs at the California Governor’s Office of Emergency Services. And for some individuals with access and functional needs, it was a nightmare. Unfortunately, nobody from the emergency management team had told the accessible transportation provider that they were part of the plan. Yet virtually all disasters have one critical commonality: They disproportionately impact individuals with access and functional needs, such as people with disabilities and older adults. Inclusive emergency management is an achievable mission.

Persons: Luis “ Vance ” Taylor, Taylor, CNN — I’ll, I’ve, there’s, Vance Taylor, Elijah Nouvelage, arth, I’m, you’re, Bill de Blasio, Jonathan Lamberton, Andy Katz, There’s, Allen J, we’re Organizations: California Governor’s, Emergency Services, CNN, Operations Center, Governor's, Emergency, Centers for Disease Control, New, Emergency Management, Pacific Press, California State Operations Center, Los Angeles Times, Getty, Twitter, Facebook Locations: California, Oroville, United States, Sierra Nevada, Sacramento, Oroville , California, New York City, , California

☆ The UK used to be a European tourism hot spot. Here’s how it all went wrong
▼ + stars: | 2024-07-06 | by ( Julia Buckley | ) edition.cnn.com time to read: +14 min

Tax-free shopping for tourists has been axed, and EU visitors now need a passport to visit, which most don’t have. Matt Cardy/Getty ImagesAs a result of Brexit, in 2021 the UK government abolished tax-free shopping for non-EU citizens. It means the UK is now the only European country not offering tax-free shopping to visitors from outside the continent. “The impact of losing tax-free shopping is clear to see,” says Dee Corsi, chief executive of the NWEC. “Whilst the likes of Italy and France are actively leveraging tax-free shopping as a driver of growth, British businesses continue to trade at a disadvantage.

Persons: CNN —, Rishi Sunak, what’s, JC Milhet, Hans Lucas, Tom Jenkins, ”, “, ” Patricia Yates, Kayla Zeigner, Marcy Zyonse, We’ve, –, Yates, ” There’s, Zeigler, Zyonse, ’, Owen Humphreys, VisitBritain, That’s, she’s, Keir Starmer, VisitBritain's Yates, Phil Noble, ” “, Marcus Lee, hasn’t, Matt Cardy, Dee Corsi, Jenkins, “ It’ll, King Charles, John Sibley, London “, Mia, ” She’ll, Britain Organizations: CNN, UK’s Labour Party, Conservative, Labour, Getty, European Tourism Organisation, VisitBritain, Destination, Tourism, New, London, ”, UK, “, China Travel, Visitors, West End Company Locations: Britain, Italy, Luxembourg, London, AFP, Europe, Caribbean, Greece, Lake, Ireland, It’s, Spain, France, New York, ”

☆ My dad is a boomer, and I'm Gen Z. We sometimes have different perspectives, but our relationship is built on mutual respect.
▼ + stars: | 2024-07-06 | by ( Jael Bore | ) www.businessinsider.com time to read: +4 min

Related storiesAmusingly, he views social media as an utter distraction, while I see it as a tool that enhances my daily life. I was pleasantly surprised by his views on mental healthThe pandemic brought to the forefront a significant generational divide in views on mental health. He grew up in an era where mental health issues were often stigmatized and rarely discussed openly. AdvertisementIn contrast, my Gen Z perspective on mental health is more open and proactive. My peers and I are more likely to seek professional help, use mental health apps, and openly discuss our struggles over lunch.

Organizations: Service, Business

☆ Israel is inching toward a wider war and a nasty fight against an enemy poised to bombard it as no other foe has
▼ + stars: | 2024-07-06 | by ( Jake Epstein | ) www.businessinsider.com time to read: +8 min

AdvertisementFor Israel, a larger war with Hezbollah would look very different from the full-scale conflict it's fighting against Hamas in Gaza. Before the 2006 Lebanon War, a monthlong conflict fought against Israel, Hezbollah maintained some 15,000 projectiles. REUTERS/Avi OhayonBut a larger Hezbollah war could overwhelm some of these systems, a scenario that has caused concern in Washington. During the 2006 war, Hezbollah fired somewhere between 100 and 200 rockets per day at Israel, according to estimates cited by the Foundation for Defense of Democracies think tank. More than two dozen soldiers and civilians have already been killed in Israel, and in Lebanon, that figure has surpassed 450.

Persons: —, Ariel Schalit, Daniel Byman, MAHMOUD ZAYYAT, Avi Ohayon, Stringer, Rami Shlush, Antony Blinken Organizations: Service, Hezbollah, Tehran —, Business, United Nations, Israel, Hamas, AP, Center for Strategic, International Studies, Getty, Institute for National Security Studies, CSIS, REUTERS, Foundation for Defense, Democracies, Israel Communications, Research Center, Congressional Research Service, Institution Locations: Israel, Iran, Lebanon, Tehran, Gaza . The Lebanon, Kiryat Shmona, Gaza, Lebanese, Nabatiyeh, AFP, Israeli, Washington, Khiam, Israel's

☆ Shohei Ohtani: How one man has brought a new wave of Japanese tourists to LA
▼ + stars: | 2024-07-04 | by ( Natasha Chen | ) edition.cnn.com time to read: +9 min

And with 12 new Japanese sponsors, Japanese-language stadium tours and new Japanese menu items, the Dodgers are making the most of the Ohtani effect. A mural showing Los Angeles Dodgers player Shohei Ohtani is painted on the side of the Miyako Hotel in Little Tokyo in downtown Los Angeles. “He’s just a phenomenal individual, right?” said Judy Clow, who brought her brother from Japan to a Japanese-language tour at Dodger Stadium. My gosh!”Shohei Ohtani warms up before a preseason game against the Los Angeles Angels at Dodger Stadium on March 24, 2024. Some of the six new Japanese-language tour guides at Dodger Stadium actually worked at Angels Stadium previously, serving the same fans.

Persons: There’s, Takayo Hizume, CNN it’s, Shohei, Robyn Beck, ’, Hizume, Ohtani, Los Angeles –, Akira Yuhara, ” Yuhara, swindling, “ He’s, ”, Judy Clow, Harry, Christine Gerriets, ” Gerriets, Kay Ponak, Norma Galeana, CNN Mihana Hayashi, takoyaki, Hayashi, Nanoha, “, giveaways, Stan Kasten, ” Kasten, Kasten, Robert Vargas, Vin Scully, ” Vargas, “ Ohtani, Adam Burke, Hiroko Hinata, Natasha Chen, CNN Yuhara, Miyako, Don Tahara, Shania Baweja, Jason Kravarik Organizations: Los Angeles CNN, Dodgers, Ohtani’s, CNN, Angeles Dodgers, Getty, Dodger, Los Angeles Angels, Angels, Daiso, Toyo, Far, Los, Los Angeles Tourism, LA Tourism, Ohtani's Dodgers, Far Bar Locations: Japan, Los Angeles, California, Pacific, Miyako, Little Tokyo, AFP, –, South Korea, Southern California, LA, Anaheim, guacamole, Nagoya, Asian, Japanese

☆ Heat waves: Here’s why your AC can’t save you anymore
▼ + stars: | 2024-07-04 | by ( Laura Paddison | ) edition.cnn.com time to read: +8 min

Then came the heat wave. But it is also a lifeline against increasingly brutal heat, the deadliest type of extreme weather. It allows people to live in places where temperatures push close to the limits of survivability and where extreme heat persists even at night. And many electrical grids are being pushed to a breaking point due to increasingly frequent extreme weather and soaring demand for cooling. Heat can affect vital organs and cause heat exhaustion, heat stroke and even death.

Persons: Ida, ”, Jen Brady, Michael Webber, Webber, Brian Stone Jr, Hurricane Ida, Leah Millis, ” Webber, ” Stone, Stone, Kate Gallego, ” Gallego, it’s, Mario Tama, Central’s Brady, —, Ian, “ Organizations: CNN, Climate Central, Climate, University of Texas, Georgia Institute of Technology, “, Service, Authorities, Arizona Public Service, Babcock Locations: Louisiana, New Orleans, Austin, California, Pacific Northwest, Europe, Albania, Bosnia, Croatia, Montenegro, New Orleans , Louisiana, Hurricane, Atlanta, Detroit, Phoenix, Phoenix , Arizona, Florida

☆ Gen Z wants flavorful drinks. Here’s how Big Beer is trying to attract them
▼ + stars: | 2024-07-04 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +7 min

That’s a problem for Big Beer, which is dealing with flat sales, declining volume and a fickle generation of younger drinkers who are completely ditching the bottle or preferring anything but a regular beer. It’s a non-carbonated drink because “bloating that may come from carbonation is considered a top barrier” for younger drinkers and the trend of “decarbonizing” drinks is blowing up on the app. Last year, it acquired Blue Run Spirits, a cult favorite high-end bourbon and rye whiskey brand, in light of US spirit sales surpassing beer sales. Its aptly titled “Beyond Beer” category is currently a $1.5 billion part of its global business and is helping attract younger, legally aged drinkers. Despite younger drinkers’ hesitance with buying beer and flat sales, Big Beer companies aren’t facing an existential threat.

Persons: youngs, Gen, NIQ’s Kaleigh Theriault, “, ” Theriault, Gallo, Mark Anthony Brands, Miller, flavorful, TikTok Constellation, Corona, ”, Saúl Trejo, TikTok, Molson Coors, Molson, ” NIQ’s Theriault, Bud Light, seltzer, Jason Lowrie, it’s, Bud, Bud Light Seltzer, Dylan, ’, “ Young, ” Bryan Roth Organizations: New, New York CNN — Beer, CNN, Beverages, Big Beer, Molson Coors Beverage Company, Modelo, Constellation Brands, Anheuser, Busch InBev, TikTok, Corona, Corona Refresca, Molson Coors, Molson, “ Suppliers, Busch, Feel Goods Company Locations: New York, Corona, carbonation

☆ Utility bills are getting cheaper, but AI could spoil the party
▼ + stars: | 2024-07-04 | by ( Filip De Mott | ) www.businessinsider.com time to read: +4 min

AdvertisementAlthough payments have declined, electricity prices — the chief component driving utility costs — have been rising quickly, BofA noted. The upswing is on account of increased power demand, fueled by a range of diverse sources. But AI is the front-and-center factor that will drive utility costs up over a potentially multi-decade horizon, BofA noted. Higher demand cloud servers has already caused a upswing in commercial electricity demand, such as in Virginia and Texas. AdvertisementFor investors, the rising power demand has drawn a spotlight on utility stocks, projected to be the AI boom's actual winners.

Persons: BofA, —, It's Organizations: Bank of America, Service, BofA Global Research Locations: Virginia, Texas

☆ Influencer talent firm Night is shutting down its studio that aimed to turn creators into TV and movie stars
▼ + stars: | 2024-07-03 | by ( Amanda Perelli | Sydney Bradley | ) www.businessinsider.com time to read: +3 min

Talent management firm Night is shutting down its in-house production arm, Night Studios. The company has parted ways with Alex Piper, who served as the head of Night Studios, and Jared Jacobs, who was the vice president of development. Related storiesPiper joined Night Studios in 2022 after serving as YouTube's head of unscripted originals, and Jacobs came on in 2023 from Mark Wahlberg's Unrealistic Ideas. AdvertisementPiper posted to LinkedIn on Wednesday confirming his exit from the company, writing that Night Studios "got shut down." "Most top creators no longer view premium distribution as the ultimate goal," Duchscher wrote in his statement.

Persons: Alex Piper, Jared Jacobs, Reed Duchscher, Piper, Jacobs, Mark Wahlberg's, Duchscher, Jessica, Kai, YouTuber Ryan Trahan, Jimmy Donaldson, Donaldson Organizations: Service, Talent, Studios, Night Studios, Netflix, Amazon

☆ How Denisovans survived and thrived on ‘the roof of the world’
▼ + stars: | 2024-07-03 | by ( Katie Hunt | ) edition.cnn.com time to read: +8 min

“We know that the Denisovans lived, occupied the cave and this Tibetan plateau for such a long time, we really want to know, how did they live there? Analysis of bone fragments unearthed during excavations at Baishiya Karst Cave have revealed what animals Denisovans butchered, ate and processed. Traces of Denisovan DNA found in present-day people suggest the ancient species likely once lived across much of Asia. Many of the bones recovered from Baishiya Karst Cave, like this spotted hyena vertebra, contain traces of human activities such as cut marks. Unlike Denisova Cave, which was occupied by early modern humans and Neanderthals as well as Denisovans, current evidence suggests that Denisovans were the only group of humans to live at Baishiya Karst Cave, Zhang said.

Persons: CNN — Denisovans, Denisovans, ”, Dongju Zhang, Zhang, Denisovan, Frido Welker, Xia Li, Welker, Dongju, Samantha Brown, ” Brown Organizations: CNN, Lanzhou University, Globe, Paleoanthropology, University of Copenhagen, Mass, Junior, Palaeoproteomics, Germany’s University of Tübingen Locations: Xiahe, China’s Gansu, —, China, Lanzhou, Cave, Altai, Siberia, Asia, Laos, Southeast Asia, Ganjia, Australia

☆ Popular weight loss and diabetes drugs linked to increased risk of rare form of blindness
▼ + stars: | 2024-07-03 | by ( Deidre Mcphillips | ) edition.cnn.com time to read: +6 min

CNN —People who take Ozempic or Wegovy may have a higher risk of developing a rare form of blindness, a new study suggests. The condition is relatively rare — up to 10 out of 100,000 people in the general population may experience it — but the doctors noted three cases in one week, and each of those patients was taking semaglutide medications. The risk was found to be greatest within the first year of receiving a prescription for semaglutide. Semaglutide prescriptions have soared in the US, which could raise the number of people at risk for a potential side effect. But the large number of people who are taking semaglutide should raise confidence that the absolute risk of developing NAION as a result is rare.

Persons: ”, Joseph Rizzo, ” Susan Mollan, Disha, Dr, Sanjay Gupta, Chanapa, Andrew Lee, ” Narang Organizations: CNN —, Mass, Novo Nordisk, CNN, Harvard Medical School, ”, University Hospitals Birmingham, Endeavor Health, CNN Health, US Food and Drug Administration, FDA, American Academy of Ophthalmology, Houston Methodist Hospital Locations: Chicago

☆ Opinion: Public schools are not Sunday schools
▼ + stars: | 2024-07-03 | by ( Opinion Amanda Tyler | ) edition.cnn.com time to read: +6 min

CNN —It has been an especially active few weeks for news about religion in public schools. Public schools are not Sunday schools, and families should feel free to send their children to school without worrying about state officials interfering in their choices about religious instruction. These politically conservative state officials are seemingly making a show of testing the limits of government-sponsored religious instruction and exercise in public schools, emboldened by the US Supreme Court’s recent decisions. Like religious instruction in public schools, the public funding of religion undermines fundamental principles of religious freedom for all. By merging religious and political authority, taxpayer funding of religious schools threatens the rights of people of all faiths — and those of no faith.

Persons: Amanda Tyler, Jeff Landry, Ryan Walters, ” Amanda Tyler, Kennedy, Walters, beholden, ” Walters Organizations: Baptist, Religious Liberty, Christian Nationalism, CNN, Texas Education Agency, Louisiana Gov, US, Twitter, Oklahoma Supreme Court Locations: Louisiana, Oklahoma’s, Kennedy v, Bremerton, Kentucky, Texas , Louisiana, Oklahoma

☆ Some Californians Found Dream Homes Inland. But It Sure Is Hot There.
▼ + stars: | 2024-07-03 | by ( Jonathan Wolfe | Mike Kai Chen | ) www.nytimes.com time to read: 1 min

When Farwa Ali and her family wanted to buy a bigger home, Mountain House, Calif., seemed to check all of their boxes. The fast-growing community, just 40 miles inland from where they were living in the San Francisco Bay Area, offered good schools, a diverse population and dozens of large houses for sale within their budget. It seemed to be a perfect match — at least until their first summer, when the scorching temperatures of California’s Central Valley set in. “We never had an idea that it would be this hot,” Ms. Ali said on Tuesday as she darted through a grocery store parking lot where the temperature was well over 100 degrees.

Persons: Farwa Ali, “, Ms, Ali Organizations: Calif, San Francisco Bay Area Locations: House, San Francisco Bay

☆ Why Jill Biden is unlikely to convince Joe to step down, despite mounting pressure
▼ + stars: | 2024-07-02 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +5 min

Jill Biden — the president's wife of 47 years — responded to criticism of her husband's age at a Manhatten fundraiser on Friday, saying the 81-year-old is "not a young man." "When he gets knocked down, Joe gets back up, and that's what we're doing today," Jill said, according to The Washington Post. Jill Biden has always publicly supported the president. However, she added that Jill and the wider Biden camp's unwavering support could be more harmful than helpful. She said this mindset extends to the Democratic party, adding that many will automatically support Biden because of a "genuine fear" that the party doesn't stand a chance with a replacement nominee.

Persons: —, Jill Biden —, Joe, Jill, he's, Michael LaRosa, Biden, Margaret Thatcher, Neil Kinnock, LaRosa, Katie Rogers, Jill Biden, Megan Varner, Hillary Clinton, Rogers, Andrew Payne, Mrs Biden, Nadia Hilliard, Hilliard, Joe Biden, Justin Sullivan, Jen O'Malley Dillon, Biden's, Quentin Fulks, Payne Organizations: Service, The Washington, Business, Vogue, New York Times, United Kingdom Labour, Times, Business Insider, The New York Times, City University of London, University College London, UCL, Democratic, Trump

☆ How the death of the dinosaurs allowed grapes to flourish
▼ + stars: | 2024-07-02 | by ( Ashley Strickland | ) edition.cnn.com time to read: +8 min

“This discovery is important because it shows that after the extinction of the dinosaurs, grapes really started to spread across the world.”Much like the soft tissues of animals, actual fruits don’t preserve well in the fossil record. How ancient forests changedWhen the dinosaurs went extinct, their absence changed the entire structure of forests, the team hypothesized. “In the fossil record, we start to see more plants that use vines to climb up trees, like grapes, around this time,” Herrera said. Meanwhile, as a diverse set of birds and mammals began to populate Earth after the disappearance of the dinosaurs, they likely also helped spread grape seeds. Several fossils are related to modern grapes and others are distant relatives or grapes native to the Western Hemisphere.

Persons: hadn’t, ”, Fabiany Herrera, “, ” Herrera, Steven Manchester, Herrera, “ I’ve, Mónica Carvalho, Carvalho, ‘, Arthur T, Susman, Gregory Stull, ” Carvalho Organizations: CNN, Field, Research, University of Michigan’s, of Paleontology, South, Field Museum, National Museum of, Central, Western Locations: Colombia, Panama, Peru, India, South America, Western, Colombian, American, South, Central America, Central, Asia, Africa

☆ For South Africa’s Cabinet, Bigger May Not Mean Better
▼ + stars: | 2024-07-01 | by ( John Eligon | ) www.nytimes.com time to read: +1 min

After South Africa’s president announced the largest cabinet in the nation’s democratic history on Sunday, some critics were questioning whether the attempt to pacify diverse political interests would complicate efforts to tackle the country’s myriad economic and social problems. President Cyril Ramaphosa had for years promised to shrink the size of government — partly because of demands by the public and political opponents. He increased the number of cabinet ministers to 32 from 30, and the number of deputy ministers to 43 from 36. The combined 75 ministers and deputy ministers is the most in any administration since the first democratic election in 1994. “So every political party had a thorough critique of an unnecessarily bloated cabinet up until the choice was between a bloated executive or their party member not receiving” a position, Moshibudi Motimele, a political studies lecturer at the University of the Free State in South Africa, wrote on social media.

Persons: Cyril Ramaphosa, Moshibudi Organizations: South, African National Congress, University of the Free State Locations: South Africa

☆ Paramount is hunting for a streaming partner, could kick off a wave of deals
▼ + stars: | 2024-07-01 | by ( Alex Sherman | ) www.cnbc.com time to read: +3 min

Paramount Global is holding talks with other entertainment companies about merging its Paramount+ streaming service with an existing platform. One of the companies that has expressed a desire to reach a deal is Warner Bros. Warner Bros. Discovery held preliminary merger talks for a deal for all of Paramount Global earlier this year, but talks didn't escalate. Warner Bros.

Persons: Chris McCarthy, McCarthy, hasn't, Max, NBCUniversal, Peacock Organizations: Paramount Global, Paramount, Warner Bros, Netflix, Hulu, ESPN, Discovery, CNBC, U.S, Wall Street Journal

☆ Here are JPMorgan’s top stock picks heading into July
▼ + stars: | 2024-07-01 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

"Unwarranted discount versus peers given improved fundamentals and EBITDA/ FCF growth," JPMorgan wrote. JPMorgan's $2,400 price target implies the stock could rally nearly 43%. Bank of America also hiked its price target to $2,150 from $2,000, calling the stock one of its top picks . However, Analyst Matthew Boss' $157 price target means that the stock could climb 48% from here. Other stocks that made JPMorgan's list include industrials manufacturer Danaher , energy company Entergy and chemicals firm DuPont De Nemours .

Persons: BancShares, Harlan, Jefferies, JPMorgan's, Vivek Arya, PVH, Calvin Klein, Tommy Hilfiger —, Matthew Boss, Jay Sole, De Organizations: JPMorgan, Telecommunications, AT, Federal Reserve, Citizens, Broadcom, Bank of America, UBS, De Nemours Locations: Friday's

☆ Tractor Supply Co. backtracks on DEI roles and goals
▼ + stars: | 2024-06-29 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +6 min

New York CNN —Tractor Supply Company has eliminated its diversity, equity and inclusion initiatives as part of what the retail chain says is a push to distance itself from “nonbusiness activities” after conservative backlash from some of its customer base. “You can’t say you’re going to try to do at Tractor Supply what they do at the Apple headquarters in Cupertino, California — that’s definitely not going to work,” he said. “Tractor Supply Co is turning its back on their own neighbors with this shortsighted decision,” Eric Bloem, vice president of Programs and Corporate Advocacy at the Human Rights Campaign, told CNN in a statement Saturday. This is why the Tractor Supply — and most of the country’s biggest employers — have worked with us for years to create inclusive policies and practices. Those are the parts that business leaders aren’t thinking about as they are folding on DEI.”

Persons: ”, “, Robby Starbuck, Starbuck, X, ” Shaun Harper, Harper, that’s, ” Eric Bloem, —, Bud Light’s, influencer Dylan Mulvaney Organizations: New, New York CNN — Tractor Supply Company, Supply, Tennessee’s, Congressional, Tractor Supply, University of Southern, CNN, Tractor, National FFA Organization, Apple, ”, Human Rights, “, Companies, Anheuser, Busch InBev, Target Locations: New York, University of Southern California, Brentwood , Tennessee, Cupertino , California, United States

☆ Terrorist attacks are on the rise in Russia as Putin remains 'distracted' by war in Ukraine
▼ + stars: | 2024-06-29 | by ( Cameron Manley | ) www.businessinsider.com time to read: +5 min

The attacks, which killed around 20 people, raised major questions about whether the Kremlin has the resources to protect its citizens back home while pursuing its war in Ukraine. The attacks also illustrated "the diverse range of militant actors Russia has angered through its domestic and foreign policy actions," he added. North CaucasusRussia's North Caucasus region has a long history of rebellion against Kremlin rule, especially in Chechnya, where Russia battled separatists in two bloody wars — in 1994-1996 and then in 1999-2009. Despite Sunday's incident being the second major terrorist attack in just three months, Russian security services "have not really changed their strategy," Harold Chambers, a political and security analyst specializing in the North Caucasus, told BI. Russia's security services "do not seem to possess the same level of intelligence about threats — or, if they do, they are not acting on it," Youngman added.

Persons: —, Molotov, Lucas Webber, Wilayat Kavkaz, Vladimir Putin, Mark Youngman, Youngman, STRINGER, Webber, Russia's, Harold Chambers, Chambers Organizations: Service, Kremlin, Business, Soufan, Dagestan region's, Center for, Washington DC, Anadolu, Getty, Islamic, Tass, Federal, Crocus City Hall, Islamic State Locations: Russia's, Dagestan, Ukraine, New York, Russia, Northern Caucasus, North Caucasus, Washington, Makhachkala, Derbent, Russian, Rostov, Crocus, Moscow, Tajikistan, Dagestan's, Caucasus, Chechnya, Syria, Iraq, Islamic State, Africa, Iran

☆ Gautam Adani wants to transform India’s biggest slum
▼ + stars: | 2024-06-29 | by ( Jessie Yeung | Noemi Cassanelli | ) edition.cnn.com time to read: +18 min

Noemi Cassanelli/CNNA man works at Shaikh’s workshop in Dharavi slum on April 14. “All slum redevelopment is quite fraught,” Kamath said. Noemi Cassanelli/CNNWomen chatting in Dharavi on April 14 Noemi Cassanelli/CNNA woman carrying fabric walks along a narrow alley in Dharavi on April 14. He is India’s largest airport operator and owns India’s biggest private port operator and private thermal power operator. The state and Adani deny any wrongdoing, but that hasn’t stopped many residents from viewing Adani and his government ties with suspicion.

Persons: Noemi Cassanelli, Masoom Ali Shaikh, ”, “, Gautam Adani, Jeff Bezos, ” Adani, ” Shaikh, ” Lofty, Dharavi, they’re, Lalitha Kamath, ” Kamath, aren’t, Dilip Gabekar, Narendra Modi, Adani, ’, Gabekar, Shaikh, They’re, Baburao Mane, Mane, CNN Neeta Jadhav, Neeta Jadhav, Jadhav, Dhanshuk Purshottamwala, He’s, Kamath, Prasant, hasn’t, Modi, ferociously, Reshma Prasant Organizations: CNN, India CNN, Adani, Tata Institute of Social Sciences, Reuters, Adani Enterprises, Bharatiya Janata Party, Private, Manohar Joshi, NDTV Locations: Mumbai, India, CNN Mumbai, Dharavi, Uttar Pradesh, Gujarat, Tamil Nadu, “, Adani, Maharashtra, It’s, India’s

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