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Shortly after the opening bell, we'll be buying 55 shares of Caterpillar (CAT) at roughly $247 a share, and selling 100 shares of Qualcomm (QCOM) at roughly $132.25 apiece. With CAT shares down more than 5% since last Tuesday, we reiterate that the recent pullback is a long-term buying opportunity. To fund this purchase, we're scaling back our position in Qualcomm on a near cash-for-cash basis. The semiconductor firm on Feb. 2 delivered softer-than-anticipated guidance , while warning that weak smartphone demand would keep handset chip inventories elevated through the first half of 2023, longer than expected. (Jim Cramer's Charitable Trust is long CAT, QCOM, APPL.

☆ Four-time NBA champion Steph Curry joins his rich neighbors in opposing much-needed new housing near their Bay Area backyards
▼ + stars: | 2023-02-01 | by ( Robert Davis | ) www.businessinsider.com time to read: +4 min

Steph and Ayesha Curry penned a letter opposing a townhouse development near their home in Atherton, California. "This is a tough thing for a community like Atherton to change," Atherton City Manager George Rodericks told NBC. Since 1969, California law has required cities to update their housing and land use needs, known as "Housing Elements," every eight years to ensure enough affordable housing is available to residents. Cities who fail to comply with the deadline could lose grant funding and face lawsuits from the state Attorney General. Cities spanning from San Francisco to Los Angeles have had their plans approved by state regulators, with many plans including efforts to increase density on developable land.

☆ Ukraine on mission to ban Russia from Olympics, IOC says sanctions stand
▼ + stars: | 2023-01-31 | by ( Olena Harmash | ) www.reuters.com time to read: +4 min

Vadym Huttsait, 51, a former Olympic fencing champion, told Reuters the idea of allowing Russian and Belarusian athletes to compete as neutrals was unacceptable. Moscow said on Tuesday it would welcome any IOC moves to allow its athletes to compete in the Olympics. But hours later the IOC said it was standing by sanctions imposed against the countries over Russia's invasion. There has been little public support yet from other nations for an outright ban on Russians at Paris. REUTERS/Benoit Tessier'LIVES MORE IMPORTANT THAN MEDALS'The IOC's initial recommendation to ban Russians and Belarusians has been applied by many sports federations.

☆ Ukraine on mission to ban Russia from Paris Olympics
▼ + stars: | 2023-01-31 | by ( Olena Harmash | ) www.reuters.com time to read: +4 min

At least 220 Ukrainian athletes and coaches have died in the war, Huttsait said, with over 340 sports facilities damaged or ruined. However, there has been little public support yet from other nations for an outright ban on Russians at Paris. "Certainly, there is some attempt by the International Olympic Committee to allow our athletes to participate in international competitions," said Stanislav Pozdnyakov, head of Russia's Olympic Committee. 'LIVES MORE IMPORTANT THAN MEDALS'The IOC's previous recommendation to ban Russians and Belarusians has been applied by many sports federations. Should that happen, Ukraine's sporting authorities and athletes will face a "very difficult decision" whether to boycott Paris, Huttsait said.

☆ You could be buying shoplifted stuff on Amazon, eBay, or Facebook Marketplace
▼ + stars: | 2023-01-24 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +7 min

Many are selling stolen goods on online platforms to unwitting consumers. A Meta spokesperson said Facebook Marketplace prohibits the sale of stolen items and has "specialized teams that work with law enforcement to respond to legal requests." This e-fencing — the selling of stolen goods online — is not a new phenomenon. In recent years, many online platforms have already taken steps to crack down on the selling of stolen goods. To what degree the legislation, along with other measures, reduces the sale of stolen goods across these platforms remains to be seen.

But the perceived spectacle means that not only will Murdaugh be on display — so will the county seat of Walterboro, population 5,460. “We didn’t want this, but it’s happening, and it’s here,” Scott Grooms, Walterboro’s director of tourism and downtown development, said last week. A portrait of Randolph "Buster" Murdaugh Jr., Alex Murdaugh's late grandfather, was removed from the Colleton County Courthouse ahead of Alex Murdaugh's trial. From left, Paul, Margaret and Alex Murdaugh. While he didn’t know Alex Murdaugh personally, he said few with longstanding ties in the area had not been touched by the Murdaughs’ orbit in one way or another.

☆ Elon Musk increased security for his 76-year-old father Errol amid kidnapping fears, report says
▼ + stars: | 2023-01-22 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: +2 min

Elon Musk has escalated security for his father in South Africa over kidnapping fears, per The Sun. Errol Musk told the newspaper the upgrade was needed following four break-ins last year. His 76-year-old father, Errol, told The US Sun that his son increased his own security with more armed guards following "recent threats". Errol Musk told The Sun said he feared for his son's safety despite him being protected by "100 security guards." Elon and Errol Musk didn't immediately respond to requests for comment from Insider.

Congress' failure to pass any meaningful immigration reform stretched to more than two decades in the last session, which ended last month. Here's a timeline of Congress' failure on immigration since President Bill Clinton left office. The bill passed the House, and the Senate passed the Comprehensive Reform Act of 2006, which was backed by the Bush White House. 2013 — With President Barack Obama in the White House, a bipartisan group of senators, nicknamed the Gang of 8, negotiated an immigration reform bill that was approved in the Senate. Sen. John McCain, R-Ariz., speaks about immigration reform legislation on Capitol Hill on April 18, 2013.

☆ Former Harvard Fencing Coach, Parent Acquitted in Admissions Bribery Case
▼ + stars: | 2022-12-22 | by ( Suryatapa Bhattacharya | ) www.wsj.com time to read: 1 min

Former Harvard University fencing coach Peter Brand was found not guilty in an admissions bribery case. A former Harvard University fencing coach and a businessman were acquitted of charges they conspired to secure spots at the Ivy League school for the executive’s two sons through a bribery scheme. Former longtime coach Peter Brand and Maryland-based businessman Jie “Jack” Zhao were found not guilty of all the charges against them by a federal jury in Boston Wednesday, Mr. Zhao’s lawyer Bill Weinreb confirmed.

☆ In Finance, as in Our Universe, Big Bangs Only Happen Once
▼ + stars: | 2022-12-20 | by ( Jon Sindreu | ) www.wsj.com time to read: 1 min

Britain aspires to a second “Big Bang” in financial services such as the one famously unleashed by Margaret Thatcher in the 1980s. But the point of a Big Bang is that it only happens once. Earlier this month, British Treasury chief Jeremy Hunt unveiled the so-called Edinburgh Reforms, an ambitious loosening of financial regulations aimed at restoring some of the international competitiveness lost by the U.K. in recent years. This includes easing the “ring-fencing” separating retail and investment banking, scrapping the cap on bankers’ bonuses, overhauling the regime that makes senior managers responsible for infractions and repealing aspects of European Union rules. Officials also want to lower taxes on asset managers and make it easier to raise capital in the U.K.

☆ The Year in Pictures 2022
▼ + stars: | 2022-12-19 | by ( The New York Times | ) www.nytimes.com time to read: +57 min

Every year, starting in early fall, photo editors at The New York Times begin sifting through the year’s work in an effort to pick out the most startling, most moving, most memorable pictures. But 2022 undoubtedly belongs to the war in Ukraine, a conflict now settling into a worryingly predictable rhythm. Erin Schaff/The New York Times “When you’re standing on the ground, you can’t visualize the scope of the destruction. Jim Huylebroek for The New York Times Kyiv, Ukraine, Feb. 25. We see the same images over and over, and it’s really hard to make anything different.” Kyiv, Ukraine, Feb 26.

☆ Explainer: How Britain is exploiting Brexit to reform finance?
▼ + stars: | 2022-12-09 | by ( Huw Jones | ) www.reuters.com time to read: +5 min

Britain has already announced an easing of capital rules for insurers and is now turning to banks. Rules on prospectuses that companies give to investors when they list on an exchange will be overhauled, along with a reform of rules for securitisation. The government will act on recommendations from a review into improving how listed companies tap investors for fresh funds. The ratings are widely used by investors for picking companies which tout 'green' credentials, but they are not regulated. Prime Minister Rishi Sunak, when he was finance minister, called for a "Britcoin" or digital pound for faster payments.

☆ The UK just had a major market scare. Now it wants to relax financial rules
▼ + stars: | 2022-12-09 | by ( Julia Horowitz | ) edition.cnn.com time to read: +3 min

London CNN —Just two months after UK markets suffered their worst meltdown since the global financial crisis, the British government is promising a major relaxation of financial regulation in a bid to shore up the country’s banking and insurance industries against growing competition from cities such as Amsterdam and Paris. “We are committed to securing the UK’s status as one of the most open, dynamic and competitive financial services hubs in the world,” Jeremy Hunt, the UK finance minister, said in a statement. The effort was initially touted as a “Big Bang 2.0” — a nod to the rapid deregulation of UK financial markets under former Prime Minister Margaret Thatcher in 1986. Yet they also come on the heels of a major financial shock. The industry lobby representing UK’s financial services, TheCityUK, said the measures should “help boost the UK’s attractiveness as a place for businesses to list, invest, grow and do business.”But there are some in the sector who back regulations such as the “ring-fencing” rules.

☆ Scenes from China as COVID protests flare
▼ + stars: | 2022-11-30 | by ( Jeremy Schultz | ) www.reuters.com time to read: 1 min

Residents tear down fencing used for containing COVID outbreaks, as nationwide public anger mounts over the "zero-COVID" policy curbs, in Wuhan, Hubei province, China in this still image from undated video released November 27, 2022 and obtained by...moreResidents tear down fencing used for containing COVID outbreaks, as nationwide public anger mounts over the "zero-COVID" policy curbs, in Wuhan, Hubei province, China in this still image from undated video released November 27, 2022 and obtained by REUTERSClose

☆ Supreme Court to resume public tours
▼ + stars: | 2022-11-29 | by ( Zoë Richards | Zoë Richards Is The Evening Politics Reporter For Nbc News. | ) www.nbcnews.com time to read: +1 min

The Supreme Court announced Monday that it will reopen to the public this week in another step toward resuming its practices before the Covid pandemic led to strict limits on who could enter the building. In October, the court began allowing visitors to attend arguments, but the building was otherwise closed to the public. Before March 2020, visitors could tour the court, view exhibits and visit the cafeteria and the gift shop. The recent steps to reopen come amid heightened concerns about how the public views the court after it struck down the constitutional right to an abortion, as well as concerns about the safety of justices. The fencing around the Supreme Court was removed in August.

In the early 2010s, Mr. Mellow set out for still more distant shores, traveling to many famous surf breaks in the South Pacific. Mr. Abdul-Rashed and Mr. Danian traveled to Hawaii to connect with Mr. Mellow, their spiritual guide and Pacific expedition leader. Mr. Mellow posted an ad on Facebook and Craigslist offering $10,000 for passage to the South Pacific. Mr. Schmidt was in sync with the young seekers when it came to fear of Big Brother and vaccines, but dreading port officials brandishing nasal swabs struck even Mr. Schmidt as a little unhinged. When asked if he was at all responsible for what had happened to Mr. Danian and Mr. Abdul-Rashed, Mr. Mellow looked genuinely confused.

☆ Abandoned Greek airport to be transformed into a 600-acre coastal park
▼ + stars: | 2022-11-25 | by ( Nell Lewis | ) edition.cnn.com time to read: +16 min

Tegel Projekt GmbH/Atelier Loidl Kai Tak International Airport, Hong Kong -- With a runway that protruded into the sea, Kai Tak International Airport in Hong Kong once had one of the most arresting approaches in the world. PHILIPPE LOPEZ/AFP/AFP via Getty Images Hellinikon International Airport, Athens, Greece -- Hellinikon was once the only international airport in Athens, Greece, before Hellinikon was once the only international airport in Athens, Greece, before closing down in 2001 . Developer LAMDA is looking to complete the first phase of construction in 2025 courtesy LAMDA Development Stapleton International Airport, Denver, Colorado -- A photo of Stapleton International Airport from 1963. The grounds of the old airport became the 125-hectare (309-acre) Quito replaced its main airport with another bearing the same name. RODRIGO BUENDIA/AFP/AFP via Getty Images Downsview Airport, Toronto -- Downsview Airport in north Toronto was once a Canadian Air Force base.

Persons: Sasaki, ”, Michael Grove, Eero Saarinen, Kai, Kok, FREDERIC J . BROWN, Kai Tak, PHILIPPE LOPEZ, Hellinikon, Milos Bicanski, Ken Tillis, Lisa Martine, Sean Gallup, Maja Hitij, RODRIGO BUENDIA, Eleni Myrivilli, …, Aleksandra Kazmierczak, it’s, we’re Organizations: CNN, Ellinikon International, Games, Charleston Waterfront Park, Newcastle University, Tegel Airport, Tegel Projekt, Kai Tak International Airport, Kai Tak International, Getty, Foster + Partners, AFP, Stapleton International Airport, Denver International Airport, Denver, Getty Images, Airport, CNN Galeville Army, Galeville, United States Military Academy, West, Wildlife Refuge, Fish and Wildlife, Wildlife, Nazi, Maja, Mariscal Sucre International Airport, Old Mariscal Sucre International, Downsview, Canadian Air Force, Downsview Airport, City, Resilience, European Environment Agency, Development, Ellinikon Locations: Athens, Greece, Ellinikon, Boston, Charleston, Beijing, American, Grove, Berlin, Hong Kong, AFP, Europe, Hellinikon, Denver , Colorado, Central, New York, Ulster County , New York, Germany, Quito, Ecuador, Toronto, Downsview Park, Canada, Downsview, City of Athens, ”

☆ Judge proposes Theranos CEO Elizabeth Holmes serve her 11-year sentence in a 'minimum-security' Texas prison camp
▼ + stars: | 2022-11-23 | by ( Marielle Descalsota | ) www.businessinsider.com time to read: +2 min

A district judge proposed for Holmes to be sent to a prison camp at Bryan, Texas, court records show. Holmes was sentenced to 135 months in prison on November 18. District Judge Edward Davila recommended for Holmes to be designated to the Federal Prison Camp at Bryan, Texas, according to a November 21 filing. The Federal Prison Camp in Bryan is a minimum-security prison that houses female inmates. Holmes was sentenced to 135 months, or 11 years and 3 months, in prison on November 18.

☆ Thousands of mink swarm northwest Ohio as police seek vandals that freed them
▼ + stars: | 2022-11-17 | by ( Sharon Bernstein | ) www.reuters.com time to read: +2 min

The animals, which escaped on Tuesday, overran nearby roads, and many were hit by passing vehicles, while hunters went after still more, local media in Van Wert County, Ohio, reported. He warned that mink "are carnivorous animals that stick to a diet of fresh kills," regularly hunting animals larger than themselves. In 2013, a group calling itself the Animal Liberation Front took credit for releasing mink at a farm in Van Wert County. However, it was not immediately clear whether that group was involved in releasing the mink on Tuesday. The Delphos Herald reported that the group took credit for releasing about 1,000 mink from another Ohio farm earlier this month.

Control of the Senate - and the shape of President Joe Biden's next two years in office - will now hinge on contests in Nevada and Georgia. Democrats needed one more seat for control, since Vice President Kamala Harris can cast the tie-breaking vote. Political analysts anticipate a rush of campaign funds into Georgia as Republicans and Democrats gear up for the final battle of the 2022 midterm elections. In the fight for control of the House of Representatives, Republicans were inching closer to becoming the majority and ending four years of rule by Democrats. The Republican House leader, Kevin McCarthy, has already announced his intention to run for speaker if Republicans take over, an outcome he has described as inevitable.

☆ Fact Check-No evidence Federal Reserve building is barricaded due to rising interest rates
▼ + stars: | 2022-11-09 | by ( Reuters Fact Check | ) www.reuters.com time to read: +1 min

A photograph showing the Federal Reserve building in Washington, DC is circulating online with claims that suggest the building is preparing for repercussions following rising interest rates. However, the building is undergoing renovations, according to a Fed statement. However, the building is currently undergoing scheduled renovations announced in 2021 (www.ncpc.gov/news/item/154/) and anticipated to continue through 2030. Fencing around the Federal Reserve building is likely due to ongoing renovations. This article was produced by the Reuters Fact Check team.

PHOENIX/RENO, Nevada, Nov 9 (Reuters) - Arizona and Nevada security officials remained on high alert on Wednesday for election-related protests and allegations of voter fraud, as they prepared for days of ballot counting to determine final results in key races for governor and U.S. Senate. Election officials in Maricopa County, Arizona's most populous, said it could take until at least Friday to tally all votes. About 400,000 votes in Maricopa County remain to be counted, election officials said. The race for governor and U.S. Senate remained uncalled on Wednesday, with about 70% of votes tallied. Jamie Rodriguez, the interim registrar of voters in Washoe County, Nevada, said during the state's primary season her staff was harassed by people convinced of election fraud.

☆ The 'Lone Ranger' of Snowdonia is retiring after 39 years, and his job is up for grabs
▼ + stars: | 2022-11-05 | by ( Stephanie Stacey | ) www.businessinsider.com time to read: +3 min

Andrew Roberts, nicknamed the "Lone Ranger", was Wales' longest-serving ranger. He earned his "Lone Ranger" nickname in 2016 after buying a horse. But after 39 years, he's decided to retire, so the National Trust is recruiting a successor. According to the National Trust, it comprises 20,000 acres of "dramatic river valleys, magnificent uplands, and wild open moorland." Applications to be Roberts' successor are open until Sunday if you're keen to be the next "Lone Ranger".

☆ Ukrainian suicide drone boats packed with bombs are threatening Russia's once feared Black Sea fleet, and it may not be able to stop them
▼ + stars: | 2022-11-03 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +5 min

Ukraine last week appeared to attack Russia's Black Sea Fleet using a swarm of naval and aerial drones. Russia labeled the attack a "terrorist act" and briefly suspended a deal on grain shipments. Experts told Insider the attack demonstrates that nowhere is safe for Russia's naval assets. Russia has not, to date, taken such steps to protect its Black Sea Fleet, a force which has participated in the missile barrages of Ukraine and lost its flagship in another stunning Ukrainian attack. Nothing powered by a jet ski engine is going to be able to match the speed and range of a Russian ship at sea; when Ukraine sunk the cruiser Moskva, the former flagship of Russia's Black Sea Fleet, it did so with a cruise missile.

☆ Nine arrested after bridge collapses in India, killing 134
▼ + stars: | 2022-11-01 | by ( The Associated Press | ) www.nbcnews.com time to read: +4 min

MORBI, India — Police in western India arrested nine people on Monday as they investigated the collapse of a newly repaired 143-year-old suspension bridge in one of the country’s worst accidents in years, officials said. The collapse Sunday evening in Gujarat state plunged hundreds of people into a river, killing at least 134. The same month, Oreva closed the bridge, which spans a wide section of the Machchu river, for repairs. Modi was the top elected official of Gujarat for 12 years before becoming India’s prime minister in 2014. A Gujarat state government election is expected in coming months and opposition parties have demanded a thorough investigation of the accident.

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