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☆ Harvard board accepts Claudine Gay's resignation 'with sorrow.' It says she was subjected to 'deeply personal attacks.'
▼ + stars: | 2024-01-02 | by ( Clementine Fletcher | ) www.businessinsider.com time to read: +5 min

While the Harvard Corporation and faculty members backed Gay, the pressure continued. First and foremost, we thank President Gay for her deep and unwavering commitment to Harvard and to the pursuit of academic excellence. She believes passionately in Harvard's mission of education and research, and she cares profoundly about the people whose talents, ideas, and energy drive Harvard. An economist and a physician, he is a distinguished and wide-ranging scholar with appointments at Harvard Medical School, Harvard's Faculty of Arts and Sciences, the Harvard Kennedy School of Government, and the Harvard T.H. While President Gay has acknowledged missteps and has taken responsibility for them, it is also true that she has shown remarkable resilience in the face of deeply personal and sustained attacks.

Persons: Gay, Claudine Gay's, Alan M, Garber, –, missteps, Provost Garber, of Harvard College Penny Pritzker, Timothy R, Barakett, Kenneth I, Chenault Mariano, Florentino, Tino, Cuéllar Paul J, Finnegan Biddy Martin Karen Gordon Mills Diana L, Nelson Tracy P, Palandjian Shirley M, Tilghman Theodore V, Wells, Jr Organizations: Harvard Corporation, Harvard Community, Harvard, Social Science, of Arts and Sciences –, FAS, Harvard Medical School, Harvard's, of Arts and Sciences, Harvard Kennedy School of Government, of Public Health, of Harvard College Locations: MIT's, Chan

☆ This income-paying asset could be poised to rise in 2024 as interest rates cool
▼ + stars: | 2024-01-02 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +6 min

With interest rates expected to come down in 2024, real estate — a sector beloved for its steady income payments — could see upside in the new year. "When rates are low, a lot of income-oriented investors see that REIT dividend as very attractive, and they are willing to take the risks associated with equity investment to have this dividend payment." Jefferies is neutral on the office REIT sector but has raised its rating on Boston Properties to buy from hold. The senior housing occupancy rate was 84.4% in the third quarter of 2023, according to the National Investment Center for Seniors Housing & Care . That's up more than 6 percentage points from the pandemic low of 77.8%, but it's still off from the pre-pandemic occupancy rate of 87.1%.

Persons: REITs, Kevin Brown, Jefferies, Peter Abramowitz, Morningstar's Brown, it's, Brown, JPMorgan's Anthony Paolone, Ventas, — CNBC's Michael Bloom, Chris Hayes Organizations: Federal Reserve, Treasury, Boston Properties, Boston, National Investment Center, Seniors Housing & Care, Realty Locations: U.S, Boston, Friday's

☆ Tech stocks dominated 2023 investing. Here's where the sector finds growth in 2024
▼ + stars: | 2023-12-31 | by ( Samantha Subin | ) www.cnbc.com time to read: +11 min

After 2023's blowout run, it's hard to recall the once gloomy investing setup for technology stocks last December. As the calendar year turns, don't expect technology stocks to match 2023's blowout gains, but the year's performance is no fluke. AI stocks may dominate tech-focused investing, but don't sleep on the other emerging themes. GOOGL YTD mountain Alphabet shares in 2023 Both companies have rolled out new initiatives in the months since. Arm Holdings made headlines this year as one of the first major companies to go public , reviving the IPO market after a roughly two-year drought.

Persons: behemoths, Jay Woods, Mark Zuckerberg, didn't, chipmakers, David Waddell, Everybody's, Copilot, Paul Meeks, Gene Munster, Alphabet's, Meeks, Morgan Stanley, Andrew Slimmon, They're, Slimmon, CNBC's, Wall, Nvidia's, He's, Mahoney, Ken Mahoney, it's, Brent Fredberg, Munster's, Management's Albert Tsuei, Tsuei, William Blair's Jonathan Vo, Keith Weiss Organizations: Federal Reserve, Treasury, Freedom, Microsoft, Waddell & Associates, Oracle, Arista Networks, Morgan, Morgan Stanley Investment, Meta, Nvidia, Devices, Dell, Hewlett Packard Enterprises, Broadcom, Holdings, Micron Technology, Brandes Investment Partners, Micron, Samsung, Taiwan Semiconductor Manufacturing, MGM Resorts, Johnson, Okta, UBS, Management's, Palo Alto Networks, Palo Alto Locations: British, Clorox

☆ Cher is asking a court to put her in charge of her 47-year-old son's finances, fearing he and his estranged wife will blow the money on 'self-destructive' purposes
▼ + stars: | 2023-12-28 | by ( Julie Gerstein | ) www.businessinsider.com time to read: +5 min

On Wednesday Cher filed for conservatorship over her 47-year-old son Elijah Blue Allman. Allman, the petition claims, is "unable to manage his financial resources" due to drug addiction and mental health issues. According to the petition, Allman has $120,000 left in a trust from his late father, Greg Allman. In a petition filed in Los Angeles Superior Court on Wednesday, Cher said that the 47-year-old is "currently unable to manage his assets due to severe mental health and substance abuse issues." AdvertisementAccording to the petition, Allman's crisis escalated after reconnecting with his estranged wife, Marieangela King.

Persons: Cher, conservatorship, Elijah Blue Allman, Allman, Greg Allman, —, Singer Cher, Allman's, Elijah, reconnecting, Marieangela King, Angela, King, King isn't, he'd Organizations: Service, Los Angeles Superior Court, Business, Entertainment Locations: Los Angeles, New York, United States

Attendees inspect Smith and Wesson firearms at the National Rifle Association's (NRA) annual meeting, in Indianapolis, Indiana, U.S., April 28, 2019. Smith & Wesson, which is incorporated in Nevada, did not respond immediately to a request for comment. The group of nuns filed the lawsuit in their role as Smith & Wesson shareholders, in what is known as a derivative lawsuit. The nuns alleged that the directors of Smith & Wesson have ignored growing legal risks from making assault-style rifles. Smith & Wesson warned in its 2022 annual report that it might have to pay significant damages due to legal proceedings against the company.

Persons: Smith, Bryan Woolston, Jeffrey Norton, gunmakers, gunmaker Remington, Adrian Dominican, Bon, Francis of Philadelphia, Jesus, Tom Hals, Alexia Garamfalvi, Leslie Adler Organizations: Wesson, REUTERS, Smith, Tuesday, Smith & Wesson, Sandy, Elementary, U.S, Supreme, Adrian, Bon Secours, St, Jesus &, Thomson Locations: Indianapolis , Indiana, U.S, WILMINGTON , Delaware, Nevada, Colorado, Connecticut, New York , Illinois, California, Adrian , Michigan, Marriottsville , Maryland, Aston , Pennsylvania, Ontario Province, Marylhurst , Oregon, Wilmington , Delaware

☆ Central bank blunders undermine tough rate talk
▼ + stars: | 2023-12-05 | by ( Francesco Guerrera | ) www.reuters.com time to read: +8 min

Comments by central bankers underline their desire to keep interest rates high until price growth quiesces. Policymakers’ recent mistakes mean they will struggle to convince investors their tough talk is real. U.S. Federal Reserve Chair Jay Powell says his fellow policymakers are “not thinking about rate cuts at all”. In May, after another U.S. regional bank failure, markets concluded that the Fed’s rate hike at the beginning of that month would be its last. Respected central bankers might be able to convince markets that these numbers don’t portend imminent rate cuts.

Persons: Jay Powell, Christine Lagarde, Andrew Bailey, Powell, backtrack, –, Lagarde, Treasuries, BoE, Bailey, Ben Bernanke, Jacob Frenkel, Peter Thal Larsen, Oliver Taslic, Thomas Shum Organizations: Reuters, Traders, U.S . Federal, European Central Bank, Bank of England, titans, Deutsche Bank, Treasury, Reuters Graphics Reuters, LSEG, Silicon Valley Bank, Fed, ECB, Bank of Israel, Federal Reserve, European, Thomson Locations: Silicon, Bailey, United States, Ukraine, Central

☆ Taylor Swift and Simone Biles in attendance as Green Bay Packers stun the Kansas City Chiefs, 27-19
▼ + stars: | 2023-12-04 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +4 min

CNN —There was some serious star power in Green Bay on Sunday afternoon. Twelve-time Grammy award-winning artist Taylor Swift was in attendance for the Kansas City Chiefs’ 27-19 road defeat against the Green Bay Packers. It was her first appearance at a Chiefs game since October 7, when the reigning Super Bowl champions took down the Los Angeles Chargers, 31-17. Lambeau featured another celebrity power couple in the stadium on Sunday: seven time Olympic gold medalist Simone Biles was in attendance to support her husband, Green Bay safety Jonathan Owens. A Sunday night upsetLove was certainly in the air in every sense in Green Bay on Sunday.

Persons: Taylor Swift, Travis Kelce, Swift, Brittany Mahomes –, Patrick Mahomes –, Kelce, Lambeau, Simone Biles, Jonathan Owens, Owens, Stacy Revere, Biles, Love, Jordan Love, Aaron Rodgers, Mahomes, Jeffrey Phelps, Carrington Valentine, Marques Valdes, Scantling . Valdes, Scantling, Mary Organizations: CNN, Kansas City Chiefs, Green Bay Packers, Kansas City, Lambeau, Chiefs, Super, Los Angeles Chargers, Packers, Getty, NFL, Detroit Lions, AP, Green Bay, New York Giants, Buffalo Bills Locations: Green Bay, Buenos Aires, Argentina, Bay, Green, Kansas City

☆ AI experts are roasting the NYT list of 'who's who' in AI for having zero women
▼ + stars: | 2023-12-04 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +4 min

The New York Times list of "who's who" in AI has been slammed for featuring zero women. "Godmother of AI" Fei-Fei Li criticized the list, writing, "It's not about me, but all of us in AI." AdvertisementThe New York Times' profile of "who's who" in AI, published Sunday, has drawn criticism for featuring zero women. "You literally erased all the heavy hitting women of AI and but included people who are more 'influencers,'" wrote Daneshjou. AdvertisementThe New York Times did not immediately respond to a request for comment from Business Insider, sent outside regular business hours.

Persons: Fei, Fei Li, —, Kara Swisher, Li, It’s, recup, asha, Dane, Wale, ari, Hass, Hoff, lon Musk Organizations: New York Times, Service, ust, ctu, rit, emi Locations: usk

☆ Three reasons a strong Black Friday weekend may not mean a blowout holiday season for retailers
▼ + stars: | 2023-12-03 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +7 min

And Ulta Beauty and Foot Locker 's shares rose this week, after the companies reported better-than-expected earnings and a strong start to holiday spending on sneakers, makeup and more. Adobe predicts that full holiday season online spending from Nov. 1 to Dec. 31 will hit $221.8 billion, which would be a nearly 5% year-over-year jump. If the estimate ends up being correct, that means shoppers still have a little more than half of their online holiday spending to go. The NRF said this week that its survey found about half of consumers' online and in-store holiday shopping remains. "People are just about tapped out, but [with] the holiday season, people are willing to even further extend themselves," he said.

Persons: Emily Elconin, That's, Dave Kimbell, Ulta, Matt Shay, Anastasiia, It's, Vivek Pandya, Pandya, Kena Betancur, Scott Wren, Wells, Shannon Stapleton Organizations: Getty, Adobe Analytics, National Retail Federation, Consumers, Walmart, Target, Adobe Digital, Adobe, Macy's, U.S . Federal, Shoppers, Reuters Locations: Oaks, Novi , Michigan, New York , New York, Wells Fargo, Macy's, Roosevelt, Garden City , New York, U.S

☆ Little food, a beating and lice: What freed Israeli hostages are saying about being held by Hamas
▼ + stars: | 2023-12-01 | by ( Rachel Clarke | ) edition.cnn.com time to read: +11 min

The details below have been compiled from comments by freed hostages to their families, their carers and sometimes to reporters. Under the terms of the deal between Israel and Hamas, most of those released are women, children and foreign workers. Ruth Munder, a released Israeli hostage, walks with an Israeli soldier shortly after her arrival in Israel on November 24. Emily Hand told her father that they always had breakfast and sometimes lunch or an evening meal. Emily Hand said she was not hit and her father said he believed harsh voices were enough to make her do what was wanted.

Persons: –, It’s, Adina Moshe, Eyal Nouri, “, ” Moshe, Nouri, keener, ” Nouri, Yocheved, Emily, Thomas Hand, Hand, “ It’s, ”, Hila Rotem, Raaya Rotem, ” Hand, “ She’d, Hila, bedclothes, Ruth Munder, Eitan Yahalomi, Deborah Cohen, Omer Lubaton Granot, ” Granot, Lifshitz, Grandmother Ruth Munder, Israel’s vise, ” Munder, ” Adina Moshe, Emily Hand, she’s, Uthai Saengnuan, Eitan, Yair Rotem, it’s, Yar Rotem, ” Chumpron Jirachart, Manee Jirachart, I’ve, Elma Avraham, Hagai Levine, ” Eitan Yahalomi, Efrat Bron, Harlev, ” Bron, ” Israel, CNN’s Rachel Clarke, Joseph Ataman, Wolf Blitzer, Kate Bolduan, Bianna Golodryga, Jessie Gretener, Poppy Harlow, Jacqueline Howard, Lauren Izso, Ed Lavandera, Phil Mattingly, Kocha OIarn, Clarissa Ward Organizations: CNN, Rotem, United Nations ’ Office, Humanitarian Affairs, BFMTV, Israel’s, UN, Sourasky Medical, Israeli Defense Forces, Schneider Children’s Medical Center of Israel Locations: Israel, Palestinian, Gaza, Tel Aviv, Atlanta

Its 2022 annual report, filed on January 19, said the deal desk should review any deals greater than $500,000. SUSE sales growth was slowing at the time. Reuters could not determine if the deal was vetted by the deal desk nor how many deals have been going through the unit. SUSE and Reuters parent company, Thomson Reuters, are involved in litigation over the use of SUSE software products. SUSE claims that Thomson Reuters breached the terms that allegedly governed its use of SUSE software products.

Persons: SUSE, Reuters wasn't, EQT, Melissa Di Donato, Di Donato greenlighted, Di Donato, Eskom, BNY, BNY Mellon, Di, Christian Strenger, Di Donato's, Thomson, Karin Strohecker, Stefania Spezzati, Emma, Victoria Farr, Elisa Martinuzzi, Daniel Flynn Organizations: Microsoft, BMW, Sales, Reuters, Bank of New York Mellon, BNY Mellon, BNY, Corporate Governance Institute, Frankfurt School of Finance & Management, Thomson Reuters, Thomson Locations: Frankfurt

☆ How investing $100 in Berkshire Hathaway when Charlie Munger joined would now be worth nearly $400,000
▼ + stars: | 2023-11-30 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

Munger, a billionaire investor and vice chairman of Buffett’s investment firm Berkshire Hathaway, died Tuesday morning at 99 years old. (Berkshire Hathaway shares, which didn’t have different classes then, ended 1977 at $138 a share.) Projections of Warren Buffett, Berkshire Hathaway Inc. chairman and chief executive officer, and Charles Munger, vice chairman of Berkshire Hathaway. Berkshire outperformed the S&P 500 during 31 of the 46 years Munger was at the company, according to Bespoke. The Christmas Price Index, now in its 40th year, is a tongue-in-cheek take on the Bureau of Labor Statistics’ Consumer Price Index and is meant to highlight market changes over time while educating consumers about the economy.

Persons: Charlie Munger, Warren Buffett, Berkshire Hathaway, Buffett, Munger, ” Munger, Charlie, Michael Broggie, –, “, Charles Munger, Daniel Acker, Buffett’s, – Munger, inflation’s, Alicia Wallace, Read, Jordan Valinsky, didn’t Organizations: CNN Business, Bell, New York CNN, Berkshire, Berkshire Hathaway, Investment, Harvard Law School, Berkshire Hathaway Inc, Bloomberg, Getty, Daily, PNC Financial Services, Bureau of Labor Statistics ’, Nevada . Rite, Rite Aid, Amazon, Walmart, Target, Costco Locations: New York, Munger, Omaha, Berkshire, California, Pennsylvania, Ohio , Virginia, Washington, Michigan , New Jersey , Oregon, Connecticut , Maryland, Nevada

☆ OpenAI CEO Sam Altman went on an 18-month, $85 million real-estate shopping spree — including a previously unknown Hawaii estate
▼ + stars: | 2023-11-30 | by ( Katherine Long | Hugh Langley | ) www.businessinsider.com time to read: +11 min

AdvertisementYears before the recent drama at OpenAI turned CEO Sam Altman into a household name, the former Y Combinator president went on an extraordinary 18-month, $85 million real-estate shopping spree, according to records reviewed by Business Insider — including a previously unreported $43 million Hawaii estate on land that locals describe as historically significant. AdvertisementSam Altman's Hawaii estate is immediately adjacent to the reconstruction of the royal temple of King Kamehameha I. Maxar TechnologiesA $43 million estate in HawaiiIn July 2021, Altman bought a twelve-bedroom estate in Kailua-Kona, on the big island of Hawaii, for $43 million. Altman's purchase of the Hawaii property has not been previously reported. AdvertisementAnnie had been unaware that her oldest brother owned property in Hawaii until Business Insider asked her about it, she said. A $27 million San Francisco homeAltman's weekday residence is a home on San Francisco's Russian Hill that was once described — inaccurately — as the most expensive home in San Francisco.

Persons: Sam Altman, Altman, —, OpenAI, he's, He's, Sam Altman's, King Kamehameha I, King Kamehameha, Jennifer Serralta, Serralta, Jack, Max, — Sam Altman, Mark Zuckerberg, Larry Ellison, Marc Benioff, Jeff Bezos, Peter Thiel, Annie Altman, Annie, Sam's, Napa Altman, Cade Metz, Bob Dickinson Organizations: Service, Business, Bloomberg Tech Summit, Wall Street Journal, YouTube, Altman, LinkedIn, Apollo, Opportunity Fund, Silicon Valley, Business Insider, San, SEC, 9Point Ventures, Uncommon Ventures, New York Times, Capital Management, San Francisco Chronicle, New Yorker, Israeli Defense Force, Tesla Locations: San Francisco, Napa, Hawaii, Napa , California, Sam Altman's Hawaii, Kailua, Kona, wakesurfing, Kauai, Lanai, San, Russian, California, Hollywood, Big Sur

☆ Price of the ‘12 Days of Christmas’ just hit a record high, according to PNC Financial Services’ 2023 Christmas Price Index
▼ + stars: | 2023-11-29 | by ( Alicia Wallace | ) edition.cnn.com time to read: +5 min

The Christmas Price Index, now in its 40th year, is a tongue-in-cheek take on the Bureau of Labor Statistics’ Consumer Price Index and is meant to highlight market changes over time while educating consumers about the economy. The holiday index also is running a touch cooler than its traditional counterpart, the Consumer Price Index, which was up 3.2% for the 12 months ended in October and 7.7% this time last year. Pricier doves and live performancesThe Christmas Price Index leans more heavily on discretionary purchases than the broad basket of goods and services that feed into the Consumer Price Index. The core Christmas Price Index rose 3.7% this year, a far more muted increase than last year’s 15.4% gain. “The Christmas Price Index is a very specialty gift basket.

Persons: inflation’s, ” Amanda Agati, “ We’re, ”, ” Agati, ’, hasn’t, Agati, “, it’s Organizations: Minneapolis CNN, PNC Financial Services, Bureau of Labor Statistics ’, Federal, CNN, Consumer, PNC Locations: Minneapolis, United States

☆ OpenAI officially announces Sam Altman has returned as CEO and Microsoft gains a non-voting board seat
▼ + stars: | 2023-11-29 | by ( David Goldman | ) edition.cnn.com time to read: +3 min

New York CNN —Twelve days after OpenAI fired Sam Altman as CEO, the company formally announced that it has hired him back. OpenAI called the new board “initial,” signaling that it will add more directors in the future. Altman, in a company blog post, thanked the previous board that fired him for their contributions to the company. In a post on X, Altman acknowledged “real misunderstandings” between him and members of the board. “For my part, it is incredibly important to learn from this experience and apply those learnings as we move forward as a company,” Altman wrote on X.

Persons: OpenAI, Sam Altman, Bret Taylor, Larry Summers, Adam D’Angelo, Altman, Greg Brockman, Satya Nadella, Mira Murati, Murati, Twitch, Emmett Shear, —, Brockman, Ilya Sutskever, Sustkever, Ilya, ” Altman, OpenAI didn’t, “, ” Organizations: New, New York CNN, Microsoft Locations: New York, OpenAI

☆ Henry Kissinger, the towering American diplomat, dies at age 100
▼ + stars: | 2023-11-29 | by ( Marty Steinberg | ) www.cnbc.com time to read: +25 min

President Gerald Ford (left) and Secretary of State Henry Kissinger talk together in the Oval Office, February 19, 1975. In his 2001 book "The Trial of Henry Kissinger," social critic Christopher Hitchens called him a war criminal. North Vietnam's Le Duc Tho (left) and US National Security Advisor Henry Kissinger at the Paris peace talks, January 1973. Chairman Zedong of the People's Republic of China meets U. S. Secretary of State Henry Kissinger on Nov. 12, 1973. On a helicopter during the period of shuttle diplomacy in the Middle East, Henry Kissinger talks to his wife, Nancy.

Persons: Henry Kissinger, —, Richard Nixon's, Kissinger, Richard Nixon, Richard Corkery, Duc Tho, Gerald Ford, Benjamin E, Ford, Warren Burger, Kissinger's, Paula, Gene, Forte, Seymour M, Hersh bashed Kissinger, Walter Isaacson's, Christopher Hitchens, Greg Grandin, Niall Ferguson, Kant, Clausewitz, Bismarck, Barry Gewen, Gewen, Elizabeth Holmes, Nixon, George Shultz, Holmes, Heinz Alfred Kissinger, Louis, Walter, Hitler, Kissingers, Fritz Kraemer, William Yandell Elliott, Spengler, Toynbee, Metternich, Castlereagh, Alfred Eisenstaedt, Mike Wallace, Wallace, Kennedy, Johnson, Republican Nelson Rockefeller, George Romney, Hubert Humphrey, Democratic Sen, George McGovern, McGovern, Nguyen Van Thieu, Reg Lancaster, Tho, Thieu, Mao, Gen, Agha Muhammad Yahya Khan, Nicolae Ceausescu, Zhou Enlai, Leonid Brezhnev, Andrei Gromyko, Dirck, Sen, Henry Jackson, Charles Vanik, Brezhnev, Spiro Agnew, Archibald Cox, Cox, Robert Bork, White, Alexander Haig, Anwar Sadat, David Hume Kennerly, Marxist Salvador Allende Gossens, Fidel Castro's, Martin Bernetti, Allende, Augusto Pinochet Ugarte, Pinochet, Ann Fleischer, Elizabeth, David, Nancy Maginnes, Rockefeller, Jill St, John, Candice Bergen, Shirley MacLaine, Liv Ullman, Diane Sawyer, , Napoleon, Nancy, David Rubinger, Maginnes, Moshe Dayan, Robert Dallek, Nixon's, Bob Woodward, Carl Bernstein, Paula Kissinger, Brooks Kraft Organizations: Gould, Kissinger Associates, National Security, Waldorf, Astoria, Richard Corkery | New York Daily, Forte, Soviets, State, Chief, New York, Theranos Inc, Economic, Nuremberg, George Washington High School, City College of New, Army, 84th Infantry Division, U.S ., Hesse . Harvard, Harvard, Confluence, Foreign, Eisenhower, Republican, Republican National Convention, Rockefeller and Michigan Gov, Democratic, District of Columbia, US National Security, Getty, Paris Peace, North, Nationalist, China, Bettmann, East Pakistan, of, U.S, Soviet Union ., Ballistic, Soviet, Washington, Egyptian Third Army, Department, West, Marxist, Museum, AFP, CIA, Israeli, Southern California Quaker, White, Partners, Power Locations: New York City, U.S, Connecticut, Richard Corkery | New, United States, Vietnam, Saigon, Viet, Soviet Union, Communist China, Israel, Egypt, Syria, Chile, Pakistan, Theranos, Ukraine, Russia, Davos, Switzerland, Fuerth, Germany, Bavarian, American, Nazi Germany, London, New York, City College of New York, Ahlem, Hanover, German, Krefeld, Hesse, Cambodia, Massachusetts, Haiphong, Paris, North, China, Washington, Taiwan, People's Republic of China, Beijing, Moscow, India, East, Bangladesh, Shanghai, USSR, Soviet, Kremlin, Dirck Halstead, Ohio, Saudi, Japan, Sinai, Alexandria, Cairo, Suez, Americas, Santiago, Cuba, Chilean, America, Europe, Virginia, Southern California

☆ Hamas has released another group of 12 hostages, Israel says.
▼ + stars: | 2023-11-28 | by ( Talya Minsberg | ) www.nytimes.com time to read: +2 min

Twelve hostages, including 10 Israelis and two Thai nationals, were released from Gaza and delivered into Israeli territory, the Israeli military said on Tuesday, on the fifth day of the cease-fire between Hamas and Israel. The hostages released on Tuesday included three members of one family, according to a list released by the Israeli prime minister’s office: Gabriela Leimberg, 59, Mia Leimberg, 17, and Clara Marman, 63. Before the latest transfer, Hamas had released 50 Israeli hostages and Israel had freed 150 Palestinian prisoners. A vast majority of hostages released since the cease-fire began are women and children. Israel has generally referred to dual nationals as Israelis in discussing the hostages.

Persons: Gabriela Leimberg, Mia Leimberg, Clara Marman, — Organizations: Hamas Locations: Gaza, Israel, Northern Gaza

☆ More Hostages Were Released From Gaza
▼ + stars: | 2023-11-28 | by ( Matthew Cullen | ) www.nytimes.com time to read: +1 min

Twelve hostages who had been held captive by Hamas since its Oct. 7 attack on Israel were released today, as the cease-fire entered a fifth day and appeared to be holding. Not long afterward, the Israeli authorities said they had released another 30 imprisoned Palestinians. The release of the hostages came just hours after the two sides accused each other of violating their truce for the first time since it went into effect last Friday. Israel said that explosive devices were detonated near its troops in two places in northern Gaza. The truce has succeeded in freeing dozens of hostages — a central Israeli objective — while also allowing aid into Gaza and giving Palestinians a break from the hostilities.

Persons: Israel, —, Biden Locations: Israel, Gaza, Hamas, U.S

☆ Members of Congress Head for the Exits, Many Citing Dysfunction
▼ + stars: | 2023-11-26 | by ( Kayla Guo | More About Kayla Guo | ) www.nytimes.com time to read: +1 min

More than three dozen members of Congress have announced they will not seek re-election next year, some to pursue other offices and many others simply to get out of Washington. The wave of lawmakers across chambers and parties announcing they intend to leave Congress comes at a time of breathtaking dysfunction on Capitol Hill, primarily instigated by House Republicans. majority spent the past few months deposing its leader, waging a weekslong internal war to select a new speaker and struggling to keep federal funding flowing. The chaos has Republicans increasingly worried that they could lose their slim House majority next year, a concern that typically prompts a rash of retirements from the party in control. lawmakers who are opting to leave; Democrats, too, are rushing for the exits, with retirements across parties this year outpacing those of the past three election cycles.

Organizations: Congress, House Republicans Locations: United States, Washington

☆ Goldman Sachs: These are the 50 highest-quality stocks to buy heading into the new year
▼ + stars: | 2023-11-26 | by ( Mark Reeth | ) www.businessinsider.com time to read: +6 min

With their well-entrenched businesses, high sales growth, and strong balance sheets he believes they will continue to outperform next year. Thankfully, Kostin wrote that "equity valuations appear less stretched in absolute and relative terms after adjusting for record high market concentration." "In a recession, we expect the S&P 500 would end 2024 at 3700 (-18%)," Kostin wrote. First, Kostin wrote investors should "own growth stocks with high returns on capital that typically outperform given stable economic growth and interest rates." To that end, Kostin shared Goldman Sachs' basket of 50 stocks the analysts there believe are the highest quality on the market.

Persons: Goldman Sachs, David Kostin, Kostin isn't, Kostin, Altman Organizations: Business

☆ Unvaccinated and Vulnerable: Children Drive Surge in Deadly Outbreaks
▼ + stars: | 2023-11-25 | by ( Stephanie Nolen | More About Stephanie Nolen | ) www.nytimes.com time to read: +1 min

Large outbreaks of diseases that primarily kill children are spreading around the world, a grim legacy of disruptions to health systems during the Covid-19 pandemic that have left more than 60 million children without a single dose of standard childhood vaccines. By midway through this year, 47 countries were reporting serious measles outbreaks, compared with 16 countries in June 2020. Nigeria is currently facing the largest diphtheria outbreak in its history, with more than 17,000 suspected cases and nearly 600 deaths so far. Many of the children who missed their shots have now aged out of routine immunization programs. So-called “zero-dose children” account for nearly half of all child deaths from vaccine-preventable illnesses, according to Gavi, the organization that helps fund vaccination in low- and middle-income countries.

Locations: Nigeria, Afghanistan, Zimbabwe

Twelve of those newly released were among the roughly 75 people who had been kidnapped from Kibbutz Nir Oz on Oct. 7. Keren Munder, 54; Ohad Munder Zichri, 9; Ruth Munder, 78Image From left, Keren Munder, Ohad Munder Zichri and Ruth Munder. Ruth is a retired hairdresser and seamstress, according to Kibbutz Nir Oz. She was kidnapped from her safe room in Kibbutz Nir Oz after her husband, Sa’id Moshe, was killed during the Hamas assault. Doron Katz Asher, 34; Raz Asher, 4; Aviv Asher, 2Image From left, Doron Katz Asher, Raz Asher, Aviv Asher.

Persons: —, Kibbutz Nir Oz, Keren Munder, Munder, Ruth Munder, Munder Zichri, Avi Zichri, Ohad Munder, Ruth, Abraham Munder, Nir Oz, Abraham’s, Roee, Ohad, Abraham, Keren, Danielle Aloni, Amelia Aloni, Amelia, Aloni’s, Sharon Cunio, Sharon, David Cunio, Emma, Yuli, ”, Aloni, Adina Moshe, Adina Moshe Credit, Moshe, Sa’id Moshe, Naama Ben, Moshe’s, ” Yaffa, Adar, Tamir Adar, Hanna Katzir, Hanna, Katzir, Katzenellenbogen, Elad Katzir, Rami, Hanna Peri, Hanna Peri Credit, Peri, Ms, Margalit Moses, Margalit Moses Credit, Moses, Doron Katz Asher, Raz Asher, Aviv Asher, Katz Asher, Raz, Katz, Yoni Asher, Asher, Khan Younis, ” Mr Organizations: Nirim, Reuters, Associated Press, Associated, Credit Locations: Tel Aviv, Gaza, Israel, Ruth Munder ., Kfar Saba, Palestinian, Nirim, South Africa, Norway, Mozambique, “

☆ The tug-of-war is on between deal-hungry shoppers and retailers wary of giving them throw-away prices on Black Friday
▼ + stars: | 2023-11-24 | by ( Parija Bhatnagar | Parija Kavilanz | ) edition.cnn.com time to read: +7 min

So are the start-of-the-season deals enticing enough for shoppers or are they holding out in a cat-and-mouse game with retailers? Michael Brown, retail industry leader and partner with management consulting firm Kearney, said the much earlier-than-usual jumpstart to holiday sales this year could be to blame. Shoppers will be holding out for better deals,” he said. Kena Betancur/Getty ImagesTotal holiday sales this year are expected to come in softer compared to last year. He said there were plenty of 25% off Black Friday deals mall-wide and some deeper 40% off promotions for early-bird shoppers.

Persons: New York CNN —, Michael Brown, Kearney, ”, Brown, Emily Elconin, Marshal Cohen, ” Cohen, Barbie, Willing, they’ve, Kena Betancur, Brian Schroeder, Kendra Scott, “, Aeropostale, Aritzia, Shannon Stapleton, Marc Rosen, Rosen, ” Rosen, Nathaniel Meyersohn Organizations: New, New York CNN, “, Shoppers, Black, National Retail Federation, Adobe Analytics, Disney Little, Marvel, Macy's, Brookfield Properties, Brookfield Asset Management, Nike, Apple, Simon Property Group, JCPenney Locations: New York, Oaks, Michigan, New York , New York, La Cantera, San Antonio , Texas, Brookfield, Roosevelt, Garden City , New York, Penney

☆ In a Poignant Moment, Israelis Welcome Some Hostages Home
▼ + stars: | 2023-11-24 | by ( Isabel Kershner | More About Isabel Kershner | ) www.nytimes.com time to read: +5 min

Ms. Katz Asher and the girls were kidnapped while visiting Ms. Katz Asher’s mother in Nir Oz, a pastoral kibbutz, or communal village, near the Gaza border. And like all the residents of the ravaged communities along the border, Ms. Katzir will have no home to go back to for the foreseeable future. Twelve of the 13 Israeli hostages freed on Friday had been seized from Nir Oz. The 13th was one of five taken from Nirim, another kibbutz along the Gaza border. “There are kids here without parents, parents without kids, and grandparents with grandchildren but no parents,” said Larry Butler, 73, a Nir Oz resident who survived the attack.

Persons: ”, Yoni Asher, Doron Katz Asher, Raz, Katz Asher, Katz, Nir Oz, ” Mr, Asher, Hanna Katzir, Kibbutz Nir Oz, Katzir, Katzir’s, Katzenellenbogen, Rami Katzir, Elad, Larry Butler, Nir, Elad Katzir, “, Ms, Adam Sella Organizations: Red Cross, Hamas, Mr Locations: Israel, Gaza, Israel’s, Aviv, Egypt, Palestinian, Nirim, Eilat, Abasan, Tel Aviv

After nearly seven weeks in captivity, 13 hostages abducted by Hamas and other groups during the Oct. 7 attacks on Israel were released on Friday as part of a deal that paused the fighting in the Gaza Strip. The 13 — all women and children — were returned to Israel. Five other hostages had been released or rescued earlier in the fighting. Twelve of those newly released were among the roughly 75 people who had been kidnapped from Kibbutz Nir Oz on Oct. 7. Here’s what we know about the Israelis released on Friday.

Persons: —, Kibbutz Nir Oz Organizations: Nirim Locations: Israel, Gaza

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