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☆ Russia is likely trying to exploit the conflict in the Middle East to expand its influence, war experts say
▼ + stars: | 2024-10-03 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +6 min

AdvertisementThe Kremlin is likely trying to exploit the conflicts in the Middle East to expand its own influence, according to military experts. Wall Street's main indexes opened lower again on Thursday amid persistent worries that hostilities in the Middle East could escalate. Advertisement"Russia clearly benefits from the war in the Middle East, at least since it distracts global attention from Ukraine," he added. AdvertisementRussia "wants to appear relevant in the Middle East but not getting sucked in ongoing conflicts," he said. It said it was trying, through these efforts, to regain major influence on Middle Eastern and Eastern Mediterranean gas sales, especially liquefied natural gas.

Persons: —, Hezbollah's, Hassan Nasrallah, Mikhail Bogdanov, Israel, Anatoly Viktorov, Sergey Lavrov, Vladimir Putin, Alexander Libman, Mark N, Katz, doesn't, It's Organizations: Service, Russian, Israel, Lebanese, Israel Defense Forces, TASS, Washington Institute for Near, Policy, Free University of Berlin, George Mason University, Reuters, Jamestown Foundation Locations: Israel, Iran, Russia, Lebanon, Ukraine, Tehran, Red, Iraq, Syria, Palestinian, Eastern

☆ How Trump consolidated control over his party and right-wing media in a ‘cloud of confusion’
▼ + stars: | 2024-10-03 | by ( Brian Stelter | ) edition.cnn.com time to read: +7 min

The filing emphasizes Trump’s fake electors plot and describes the former president’s attempts to sow confusion in the aftermath of the election. The following is adapted from the newly expanded paperback edition of “Network of Lies,” my book about the 2020 election and the chaotic aftermath. “Cloud of confusion” was the perfect, succinct summary of the right’s strategy. He is emulating the successful strategy of Vladimir Putin.”The “cloud of confusion” clearly affected some of the people who stormed the Capitol on January 6, 2021. His social media footprint showed how he was radicalized—and how he trusted both Trump and Carlson over reliable sources of news.

Persons: Jack Smith, Donald Trump, Trump, Kenneth Chesebro, ” Chesebro, Jack Smith’s, Biden, Chesebro, Jim Troupis, ”, Mike Pence, MAGA, Sean Hannity, Tucker Carlson, Hannity, Roe, Kamala Harris, Trump’s, Hillary Clinton, John Podesta, “ Trump, ” Trump, “, Vladimir Putin, Daniel Donnelly Jr, —, Carlson, “ Tucker, Donnelly, provocateur, Carlson “, Cheseboro Organizations: CNN, “ Network, Republican, Democratic, WI, Trump, GOP, White, Capitol, Busch, St, Louis Cardinals, Facebook, Fox, NBC Locations: Wisconsin, Ohio, ”, Missouri

☆ There's already a queue of cargo ships backing up at US ports
▼ + stars: | 2024-10-03 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +5 min

AdvertisementCargo vessels (green dots) and tankers (red dots) at anchor outside Eastern US ports. AdvertisementCargo vessels (green dots) and tankers (red dots) along the Mid-Atlantic. Cargo vessels (green dots) and tankers (red dots) along the Gulf Coast. Cargo vessels (green dots) and tankers (red dots) outside Savannah, Georgia, and Charleston, South Carolina. Cargo vessels (green dots) and tankers (red dots) outside Norfolk, Virginia.

Persons: —, Andrew Coggins, Coggins, MarineTraffic.com Burt Flickinger, MarineTraffic.com, Brandon Daniels, Daniels, Taft, Hartley, Hurricane Helene Organizations: Industry, Service, International Longshoreman's Association, Reuters, Pace University, MarineTraffic.com, Strategic Resource, ILA, US Marine Alliance Locations: East, Gulf Coast, New York, Virginia Beach, Savannah, Miami , New Orleans, Houston, Gulf, Western, Savannah , Georgia, Charleston , South Carolina, Norfolk , Virginia, Hurricane

☆ Supply chain disruptions could benefit these stocks, Goldman Sachs says
▼ + stars: | 2024-10-03 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

Trade tensions, too, have resulted in tariffs and affected world trade in certain goods. The market for companies in this space is driven by the volume of global trade, and this so-called supply chain "complexity," Goldman noted. It sees some stocks as being able to benefit from higher supply chain "complexity." Freight-forwarding firms such as DSV , DHL Forwarding and Kuehne+Nagel are "well-placed to help their clients navigate higher complexity and shocks," Goldman said. Container lines such as Cosco, Maersk and Hapag-Lloyd are less directly exposed to the higher supply chain complexity, said Goldman.

Persons: Goldman Sachs, Goldman, deglobalization, Nagel, Lloyd, — CNBC's Michael Bloom Organizations: U.S ., Logistics & Shipping, Logistics, DHL, Goldman, Express, Fedex, UPS, Maersk, Hapag Locations: U.S . East Coast, Gulf Coast

☆ Dating Apps Helped Me Find Love. Now They've Become a Total Scam.
▼ + stars: | 2024-10-03 | by ( Albert Fox Cahn | ) www.businessinsider.com time to read: +22 min

I spent some time alone after things ended, but by the end of 2012, I was ready to re-embrace online dating. Within a few years, my fellow millennials and I were reportedly spending 10 hours a week on dating apps. "Dating apps are designed to be a miserable experience," Stephanie Rodgers, the founder of the forthcoming dating app Verb, said. Increasingly, it feels like dating apps make things more monotonous and cumbersome to incentivize us to pay for upgrades. And while dating apps' cost in terms of harassment, threats, and violence is paid disproportionately by women, its financial cost is disproportionately paid by men.

Persons: —, I've, I'd, it's, undateable, Phil, begrudgingly, Tinder, Charlotte Fox Weber, Weber, Swiping, Koshiro, Stephanie Rodgers, Rodgers, you'll, we're, curt, It's, I'm Organizations: Congressional, New York Times, Harvard Law, Facebook, Match, The League, Upper East, Grand Central Locations: DC, Washington, Western Europe, East, Asia, Raya, Brooklyn, Americas

☆ Chaos is building for shippers as U.S. port strike continues and costs rise
▼ + stars: | 2024-10-03 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +10 min

Brashier said some clients had containers that were once destined for the Port of Savannah diverted to the Port of Norfolk in the last hours before the strike began. More than a dozen container vessels are currently waiting in the port anchorage area of Freeport, Everstream Analytics data shows. MSC, the largest containership company in the world, has diverted two vessels, according to Vizion. A container ship departs the Port of Newark for the Atlantic Ocean on September 30, 2024 seen from New York City. Christian Roeloffs, cofounder and CEO of Container xChange, said the timing of this strike is especially challenging for shippers.

Persons: Eric Adams, Spencer Platt, Biden, Paul Brashier, Brashier, Jose Luis Gonzalez, Mirko Woitzik, Lloyd, Hermann Schulte, Port, Harold Daggett, Daggett, Stew Leonard, Jr, Stew Leonard's, Leonard, Brandon Daniels, Daniels, Christian Roeloffs Organizations: International Longshoremen’s Association, ILA, Getty, International Longshoremen's Association, United States Maritime Alliance, ITS Logistics, CNBC, Trucking, Port, Portsmouth, Reuters, Dresden, Turkey East Coast Express Service, America, Schulte Group, MSC, USMX, Local, Virginia International, Walmart, Depot, Folgers Company, Nike, Container, Analytics Locations: Brooklyn, Brooklyn , New York, Gulf Coast, Savannah, Port of Norfolk, Virginia, Portsmouth , Virginia, U.S, Vizion, East Coast, Port of Norfolk , Virginia, Savannah , Georgia, Egypt, America, Charleston, Port, Freeport, Bahamas, Cristobal, Port of New York, New Jersey, Halifax, Canada, Newark, New York City, New York, Savannah , Norfolk, West Coast, demurrage, China, Israel

☆ Champions League Wednesday: Prince William watches Aston Villa, Real Madrid suffers shock defeat
▼ + stars: | 2024-10-03 | by ( George Ramsay | ) edition.cnn.com time to read: +8 min

Prince William watches Aston Villa stun Bayern MunichAston Villa fan Prince William was in the stands to celebrate his team’s memorable win against Bayern Munich. 15-time Champions League winner Real Madrid suffered its first defeat of the season with a 1-0 loss against Lille, an early setback in the team’s European title defense. Kylian Mbappé, hoping to win a first Champions League of his career, was left frustrated against Lille. With that, Salah stretched his run of scoring at home in the Champions League to five matches – the first player in the club’s history to do so. Salah celebrates Liverpool's second goal.

Persons: Mohamed Salah, Here’s, Prince William, Aston, Jhon, Villa, Pau Torres ’, Durán, Manuel Neuer, Mike Egerton, Emi Martínez, Serge Gnabry, Harry Kane, “, ”, Unai Emery, ‘, Eduardo Camavinga’s, Jonathan David, Andriy Lunin’s, Tiago Santos, Antonio Rüdiger’s, Lucas Chevalier, Jude Bellingham’s, Kylian Mbappé, Stephanie Lecocq, Arda Güler, Les Dogues, Carlo Ancelotti, Alexis Mac Allister, Dan Ndoye, Salah, Liverpool's, Paul Ellis, Arne, Michele Di Gregorio, Vlahović, Benjamin Šeško, Di Gregorio, Douglas Luiz, –, Šeško, Signora, Francisco Conceição, David Raum’s, Lisi Niesner, Germain Organizations: CNN, Aston Villa, Bayern Munich Aston Villa, Bayern Munich, Bayern, Press Association, Villa, Champions League, Dinamo Zagreb, Manchester City, Borussia Dortmund –, ’, Lille, Real Madrid, League, France’s, Sporting CP, Bologna, Reds, Italian, Milan, Liverpool, Getty, Champions League –, ” Juventus, Juventus, RB Leipzig, Juve, Reuters, Salzburg, Brest Stuttgart, Sparta Prague Arsenal, Paris Saint, Germain Barcelona, Young Boys Bayer Leverkusen, Milan Borussia Dortmund, Celtic Internazionale, zvezda, Red Star Belgrade, PSV, Sporting Clube de Portugal Slovan Bratislava, Manchester City Shakhtar Donetsk, Atalanta Girona, Feyenoord Benfica, Madrid Liverpool, Bologna RB Leipzig, Juventus Lille, Real Madrid SK Sturm Graz, Brugge Aston Villa, Bayern Munich Dinamo Zagreb, AS Monaco Locations: Europe, Manchester, Barcelona, underwhelm, France’s Ligue, Matchweek, Bologna, AFP, Paris

The death toll has risen to at least 175 across the Southeast since Hurricane Helene made landfall in Florida as a Category 4 storm last week, and hundreds are still missing amid the historic flooding. Salvation Army: The Salvation Army is providing relief, food service and emotional and spiritual care to victims of Hurricane Helene. North Carolina Disaster Relief Fund: Gov. Roy Cooper is encouraging those looking to donate to contribute to the North Carolina Disaster Relief Fund. Ron Desantis activated the Florida Disaster Fund to assist Florida's communities as they work to recover from the damage caused by Hurricane Helene.

Persons: Hurricane Helene, HELENE, Joe Biden, he’s, Roy Cooper, Ron Desantis, Helene Organizations: Salvation Army, Army, Defense Department, North Carolina National Guard, North Carolina Disaster Relief, North Carolina Disaster Relief Fund, Florida Disaster, Florida Disaster Fund, Federal Emergency Management Agency, FEMA, National Voluntary Locations: Hurricane, Florida, Virginia, Carolina, North Carolina, North, Florida Florida, Georgia, Valdosta

☆ The big catalyst for the week: How to trade Friday’s job report
▼ + stars: | 2024-10-02 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

The best-case scenario for stocks is if Friday's jobs report comes in slightly above consensus, according to JPMorgan. Here are the bank's five scenarios: Above 200,000 jobs added: The S & P 500 trades flat or as much as 0.5% higher. Between 160,000 to 200,000 jobs added: The S & P 500 gains between 1% and 1.5%. Between 140,000 to 160,000 jobs added: The S & P 500 rises by 0.75% to 1.25%. Between 110,000 to 140,000 jobs added: JPMorgan traders see the S & P 500 sliding between 0.5% and 1.5%.

Persons: Jerome Powell, Dow Jones, JPMorgan's, Michael Feroli, nonfarm Organizations: JPMorgan, Investors, Federal Locations: U.S

☆ Here are JPMorgan's top stock picks heading into October
▼ + stars: | 2024-10-02 | by ( Sean Conlon | ) www.cnbc.com time to read: +4 min

For October, the additions include Best Buy and Carmax , while Wayfair , CarGurus and First Citizens BancShares are among those removed. The bank cited positive existing home sales, and an expansion in AI adoption, believing Best Buy will see continued growth in average selling prices . Analyst Christopher Horvers says Best Buy will increase its profitability over time, noting an uptick in operating margins to 5% from last year's 4.1%. He has an overweight rating on the stock, and his price target of $111 implies more than 9% upside from Tuesday's close. The bank's price target for Schwab implied about 22% upside and for Ulta Beauty about 18% potential appreciation, based on Tuesday's close.

Persons: JPMorgan's, Christopher Horvers, BBY, Eli Lilly, Lilly, Charles Schwab, Schwab Organizations: JPMorgan, Nasdaq, Dow Jones, Wall, AT, TPG Locations: Israel, Richland , Minnesota, Dallas, DirectTV, Lilly, Ireland

☆ A junk dealer found a painting in a basement. Experts say it’s an original Picasso
▼ + stars: | 2024-10-02 | by ( Barbie Latza Nadeau | ) edition.cnn.com time to read: +4 min

CNN —A painting discovered by a junk dealer in the basement of an Italian villa six decades ago is actually the work of Pablo Picasso and could sell for millions, according to experts. At just 24, Lo Rosso didn’t appreciate that the signature in the upper left corner of the artwork that read simply “Picasso” meant anything, his son Andrea Lo Rosso told CNN on Tuesday. The older Lo Rosso, who died in 2021, stuck it in a cheap frame and gave it to his wife — much to her chagrin, his son said. Finally, last month Cinzia Altieri, a graphologist for a patrimony court in Milan, was able to certify the Picasso signature as authentic. “I’m happy but let’s wait to toast, there is still one step to take before we consider this incredible story over,” Andrea Lo Rosso said.

Persons: Pablo Picasso, Luigi Lo Rosso, Lo Russo, Andrea LoRosso, Dora Maar, Luca Gentile, Lo Rosso, Andrea Lo Rosso, —, wasn’t, ” Andrea Lo Rosso, Picasso, Picasso’s, Maar ”, Altieri, ”, Marcante, CNN he’s, “, ” CNN’s Organizations: CNN, Arcadia Foundation, Picasso Foundation Locations: Pompeii, Italy, Capri, Swiss, Golfe, Juan, France, Spanish, Milan, Paris

☆ The Reality of AI in Real Estate
▼ + stars: | 2024-10-02 | by ( Diana Olick | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Reality of AI in Real EstateWhen it comes to the red-hot real estate market, buyers, sellers, and brokers alike are always looking for an edge for the best place and the best deal. Can AI be a gamechanger? Ryan Serhant, CEO of luxury real estate brokerage and media company SERHANT and reality star of "Owning Manhattan" tells us how he's deploying AI at his firm and how he sees the technology changing the industry.

Persons: Ryan Serhant Locations: Manhattan

☆ Billionaire investor Ray Dalio has a solution for China, but it'll need Beijing to radically remake its own rules
▼ + stars: | 2024-10-02 | by ( Matthew Loh | ) www.businessinsider.com time to read: +6 min

Ray Dalio is again promoting the idea that China urgently needs to start a "beautiful deleveraging." In a LinkedIn post on Tuesday, Dalio wrote of what he called a "beautiful deleveraging," or an aggressive, two-pronged approach to solving debt issues. Dalio wrote that Chinese leader Xi Jinping's unprecedented stimulus sparked a "big week" for economic optimism, but it won't be enough. The interest rate cuts would ideally be so drastic that they run below inflation and nominal growth rates, Dalio wrote. If Beijing doesn't start a "beautiful deleveraging," he said, it risks allowing its crisis to drag on and create an "economic and psychological malaise like Japan experienced."

Persons: Ray Dalio, Dalio, —, Xi, They'll Organizations: Service, Bridgewater Associates, Washington Locations: China, Beijing, Japan, US

☆ Manchester City equals ‘unbeaten’ record, Borussia Dortmund nets five first-half goals in high-scoring Champions League night
▼ + stars: | 2024-10-02 | by ( Ben Church | ) edition.cnn.com time to read: +5 min

CNN —High-scoring matches, unwanted records and an unlikely winning run – Tuesday’s UEFA Champions League round seemed to have it all. Manchester City equals ‘unbeaten’ recordManchester City has set a number of records while commanding the English Premier League in recent seasons, but it appears its dominance also stretches to the Champions League. The Scottish side was unbeaten this season heading into the game, having also won its first Champions League match 5-1 last month. While City and Dortmund won easily on Tuesday, Barcelona also thrashed Young Boys 5-0 and Internazionale beat Red Star Belgrade 4-0. The French side continued its perfect start to the new Champions League season with a 4-0 win against Red Bull Salzburg on Tuesday.

Persons: CNN —, –, Pep, “, ” Guardiola, Opta, Karim Adeyemi, Ina Fassbender, Emre, Daizen Maeda, Karim Adeyemi’s, Serhou, Guirassy, Felix Nmecha, Brendan Rodgers, it’s, Kerstin Joensson, Abdallah Sima, Mahdi Camara, Mathias Pereira Lage, Bayer Organizations: CNN, UEFA, League, CNN Sport, Manchester City, English Premier League, Champions League, Slovan Bratislava, Opta, Manchester United, City, Sparta Prague, Real Madrid, Borussia Dortmund, Celtic, Scottish, Getty, Dortmund, ”, Young Boys, Internazionale, Red Star Belgrade, Red Bull Salzburg, Brest, Ligue, Austrian, Sturm Graz, Salzburg, UCL, Bayer Leverkusen –, AC Milan Locations: Europe, City, Dortmund, AFP, Barcelona, Brest

☆ I own a collection of over 100 perfumes. Here are 3 red flags I look out for when shopping for fragrances.
▼ + stars: | 2024-10-02 | by ( Eliza Partington | ) www.businessinsider.com time to read: +4 min

I own over 100 perfumes and have learned what things to look out for when shopping for fragrances. I'd steer clear of secondhand sellers who appear to have a large inventory of expensive perfumes. As someone who has a collection of over 100 perfumes, I've encountered my fair share of red flags when shopping for fragrances in person and online. From secondhand sellers to irregular packaging, here are the things I always look out for when shopping for perfume. Beware of secondhand sellers with large collections of expensive perfumesI suggest checking the seller's other listings to see if they have a suspiciously large collection.

Persons: —, Chris Hellier, Kristina Strasunske, Maison Francis Kurkdjian's, it's Organizations: Service

☆ Billionaire CEO shares his 2 biggest interview red flags: Don't just try to make yourself look good
▼ + stars: | 2024-10-02 | by ( Gili Malinsky | ) www.cnbc.com time to read: +1 min

His first was SecureIT in 1996, which was sold for $70 million in an all-stock deal two years later. He founded his most recent company, Zscaler, in 2008, and is currently serving as its CEO. With so many companies founded, Chaudhry has done his fair share of hiring. People who focus on 'building fiefdoms'One thing Chaudhry pays attention to is how interviewees measure success. Instead, Chaudhry is interested in hiring people who know that "it's the growth that's very, very important," he says.

Persons: Jay Chaudhry, AirDefense, Zscaler, Chaudhry, doesn't, they're Organizations: Builders

☆ Couple in a severe Uber crash can’t sue because of an Uber Eats order
▼ + stars: | 2024-10-02 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +4 min

New York CNN —A married New Jersey couple that was in a severe accident during an Uber ride can’t sue the company because they and their daughter agreed to arbitration when they accepted the terms of service for a separate Uber Eats order, a court has ruled. Georgia sustained several fractures throughout her body, including cervical, lumbar, spine and rib fractures and other physical injuries that required surgeries and other procedures. They tried taking Uber to court for a jury trial, but an appellate court recently ruled they can’t because they previously agreed to Uber’s updated terms and conditions requiring arbitration, which are the same in the Uber Eats and Uber ride app. The McGinty’s attorneys told CNN they’re reviewing the decision and will “likely” petition the New Jersey Supreme Court. Anger over arbitrationIt’s the latest case that highlights the intricacies of the terms of services having binding arbitration agreements that users agree to with many companies.

Persons: New York CNN —, John McGinty, Georgia McGinty, ”, John, Uber, ’ ” Uber, Georgia McGinty “, ’ ”, McGintys, they’re “, we’ve, ” Uber, Jeffrey Piccolo, Kanokporn Tangsuan, Disney, Piccolo, ” Josh D’Amaro Organizations: New, New York CNN, CNN, Uber, New Jersey Supreme, Disney, “ Locations: New York, New Jersey, Georgia

☆ Red hot refinance demand retreats after tiny bump higher in mortgage rates
▼ + stars: | 2024-10-02 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +2 min

Mortgage rates moved ever so slightly higher last week, but it was enough to take a little heat out of what had been a briefly red hot refinance market. That caused total mortgage application volume to fall 1.3% for the week, according to the Mortgage Bankers Association's seasonally adjusted index. The rate was 139 basis points higher the same week one year ago. As a result, mortgage rates were up modestly," said Mike Fratantoni, MBA's SVP and chief economist in a release. Mortgage rates moved very slightly lower again to start this week, as bond yields dipped following escalations in the bombing in the Middle East conflict.

Persons: Mike Fratantoni, Fratantoni Organizations: Mortgage, MBA's

☆ OpenAI's rivals are on the prowl after an exodus of high-level executives
▼ + stars: | 2024-10-02 | by ( Melia Russell | Ben Bergman | ) www.businessinsider.com time to read: +7 min

Investors are flocking to OpenAI, but it's losing high-level executives at an alarming rate. Suddenly, it's open season for OpenAI employees. Rivals like Anthropic and Perplexity are signaling to workers that they put mission over profits. Suddenly, it's starting to feel like open season for OpenAI employees. A recruiter said his search firm has fielded more interest from current OpenAI employees since the board's ouster of Sam Altman a year ago.

Persons: —, Mira Murati, Ilya Sutskever, Andrej Karpathy, John Schulman, Greg Brockman, Alex Klein, he's, Dan Miller, Tim Tully, Sam Altman, Jason Redmond, weren't, Klein, OpenAI, Jack Guez, Anthropic, Jan Leike, Schulman, Durk Kingma, Kingma, Matt Murphy, Arvind Jain, Jain, Matt Hoffman, Johnny Ho, Ho Organizations: Rivals, Service, OpenAI, LinkedIn, Menlo Ventures, Ark Venture Fund, Business, Getty, Google, Anthropic, Employees, Engineers Locations: OpenAI, AFP, Bay

☆ My mom moved in with me for the first 30 days of my baby's life. She feeds me homemade food and ensures I can rest
▼ + stars: | 2024-10-02 | by ( Lauren Crosmedlicott | ) www.businessinsider.com time to read: +5 min

Her mom came to live with her during the weeks after her baby's birth for "confinement." AdvertisementShe spent the week before birth preparing nourishing foodA week before I gave birth, I flew my mom in from Wisconsin. Before the baby was born, mom spent her days preparing food for my confinement — peeling, chopping, dividing, and freezing. Without my mom preparing food for me, I know I would have just eaten what was quickly available. Although it's been more than 30 days, my mom is still here caring for me, Lily, and the house.

Persons: Hillary Wichlin, —, Lily, it's, she's, She's, he's Organizations: Service Locations: San Diego, Wisconsin, America

☆ No need to sell this AI data center play ahead of earnings — and updates on 3 more industrial stocks
▼ + stars: | 2024-10-02 | by ( Morgan Chittum | ) www.cnbc.com time to read: +6 min

Deutsche Bank is striking a cautious tone on Dover 's stock ahead of the industrial conglomerate's upcoming earnings report. Late Tuesday, Deutsche Bank listed Dover as a short-term sell idea, suggesting the company will report underwhelming results that may pressure shares later this month. Other industrial stocks in our portfolio received price target increases this week, including Eaton, Stanley Black & Decker and Honeywell . Both firms raised their price target on the DeWalt owner's stock to $100 a share from $96 while maintaining hold or hold-equivalent ratings. Honeywell's price target was increased only slightly at Deutsche Bank — up merely $1 to $226 a share — and left unchanged at Barclays.

Persons: Jim Cramer, industrials, Barclays –, Stanley Black, Decker, Jim, Dover, Richard Tobin, there's, DOV YTD, DOV, It's, Eaton, Vimal Kapur, Jim Cramer's, SWK Organizations: Deutsche Bank, Federal Reserve, Barclays, Environmental Solutions, Wednesday, Honeywell, Deutsche Bank —, Barclays . Deutsche Bank, CNBC, Luza Locations: Dover, Eaton

☆ The Gap comeback that might actually be working
▼ + stars: | 2024-10-02 | by ( Cathleen Chen | ) edition.cnn.com time to read: +21 min

Designer Zac Posen — now creative director at Gap Inc., at the Vanity Fair Oscar party in March 2024. Danny Moloshok/ReutersSince 2014, the Gap brand has nearly halved its presence in North America, going from 968 stores in the market to 472 as of February. It makes up about 20% of overall Gap Inc. revenue, while Old Navy accounts for more than half. Before Gap, Posen was on track for a similar trajectory to Mizrahi’s. They started by redefining the positioning of each brand: Gap as a pop culture brand.

Persons: CNN — Zac Posen, Richard Dickson, Posen, Donald, Doris Fisher, Mickey Drexler, Drexler, Uniqlo, Zac Posen —, Danny Moloshok, Sonia Syngal, Dickson, Barbie, Troye Sivan, Da’vine Joy, Anne Hathaway, ” Posen, won’t, Zac, Isaac Mizrahi, ”, Gabriella Santaniello, Mizrahi, Zac Born, Saint Ann’s, Lola Schnabel, Julian Schnabel, Lena Dunham, Nicole Miller, Naomi Campbell, Grimm, —, Da'Vine Joy Randolph —, Jamie McCarthy, Yucaipa, Ron Burkle, Sean Combs, Zac Posen, Neiman Marcus —, Zac Posen — that’s, Zac Posen’s, it’s, Paco Rabanne, Patrick Robinson, Ye, Julie Gilhart, Gilhart, ” Dickson, Bernadette Peters, “, Harrison Ball, Ryan Murphy, ’ ”, TJ Maxx, Kennedy, Anne Hathway, Pietro S, Robert, William Fisher, didn’t, Mark Breitbard, Horacio Barbeito, Chris Blakeslee, Goodman, Stephanie Keith, Da’Vine Joy Randolph’s, Sivan, Hathaway, Julia Fox, influencer, Lee Peterson, hasn’t Organizations: The, Fashion, CNN, Old Navy, Inc, New Yorker, Gap Inc, Navy, Banana, Reuters, Mattel, Hollywood, Xcel Brands, QVC, Saint, Metropolitan Museum of Art, Central Saint Martins, New York Times, Centric Brands, Barneys, New York City Ballet, Swans, Disney, rockstar, Old, America ., Collins Group, Vogue, Bloomberg, Council of Fashion Designers of America, New York, Dôen Locations: Posen, San Francisco Bay, New, Banana Republic, Athleta, San Francisco, Oxford, Zara, North America, Asia, China, Republic, New York City, American, London, Bloomsbury, Balthazar, SoHo, Rome, Italy, New York, America, America . Banana

☆ Think allergy season is over? Not so fast, a doctor says
▼ + stars: | 2024-10-02 | by ( Katia Hetter | ) edition.cnn.com time to read: +7 min

For many with allergies, fall is peak season that’s now probably compounded by a warming planet. Allergy season is starting earlier and lasting longer, which scientists attribute to a variety of causes, including the climate crisis. With respiratory viruses also prevalent in colder weather, how can people distinguish between seasonal allergies and a virus? Common symptoms of fall allergies can include a runny or stuffy nose as well as sniffling, sneezing, watery eyes and coughing. Ragweed season typically begins in August and peaks in September but can last into November.

Persons: that’s, Leana Wen, Wen, Jeff Pachoud Organizations: CNN, US Centers for Disease Control, George Washington University, Getty Locations: United States, AFP

☆ People want to work for a 'green flag' boss—this job interview question can help you find one
▼ + stars: | 2024-10-02 | by ( Jennifer Liu | ) www.cnbc.com time to read: +3 min

People want to work for a good boss just as much as they want to earn a good salary. That's why it's crucial to look for signs of a supportive manager, or a "green flag boss" as Weishaupt puts it, when you're interviewing for a new job. The one big thing I say to my team is, 'There's no mistake you can make that I can't fix.' On the other hand, if the manager responds that "people follow my lead or do what I say," Vyas says, "those are red flags." Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.

Persons: don't, —, Frank Weishaupt, Deepali Vyas, Vyas, We're, aren't Organizations: Owl Labs, CNBC

☆ Chip company insiders sold a record $1.3 billion in stock during the third quarter
▼ + stars: | 2024-10-02 | by ( Nick Wells | ) www.cnbc.com time to read: +3 min

Chip insiders have stepped up their sales of company stock this year as AI-driven demand for processing power has propelled the sector's outperformance. Huang remains Nvidia's largest individual shareholder with around 3.5% of company shares outstanding, according to data from FactSet. In all, NVDA insiders disclosed around $960 million in stock sales during the third quarter, according to data collected by VerityData. Overall, 177 chip company insiders sold stock in the third quarter, down from a recent high of 245 in Q2 of 2024, according to the Washington Service. They sold a collective 12.7 million shares in Q3, a slight increase from Q2 but just below the 13.6 million shares sold in Q1.

Persons: Jensen Huang, Huang, Tench Coxe, Coxe, Hock Tan, Tan, Verity, Richard Wallace, Bren Higgins Organizations: Washington Service, Nvidia, VanEck Semiconductor, VerityData, Broadcom, YTD, KLA Corp, Texas Instruments, SEC Locations: FactSet

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