A sign with the company logo sits outside of the headquarters of Eli Lilly in Indianapolis, Indiana, on March 17, 2024. Scott Olson | Getty Images Eli Lilly said on Thursday it will invest $3 billion to expand the manufacturing plant it bought in Pleasant Prairie, Wisconsin earlier this year, as it scrambles to meet soaring … Read more
Hinterhaus Productions | Getty Images As a historic wave of baby boomers reaches retirement age, finding affordable long-term care is a challenge. “We’re going to have a major storm coming in our country with all these folks that can’t take care of themselves,” Rep. Tom Suozzi, D-New York, said Thursday at the Employee Benefit Research … Read more
If you ever find yourself taking a meeting with Jeff Bezos, don’t expect the billionaire Amazon founder to speak first. When Bezos conducts meetings, he instructs everyone to speak in reverse order of seniority, starting with the most junior person there. Bezos, typically at the top of that hierarchy, usually speaks last. The strategy helps … Read more
This photograph shows a logo of American multinational corporation McKinsey & Company on the first day of the Mobile World Congress (MWC), the telecom industry’s biggest annual gathering, in Barcelona on February 26, 2024. Pau Barrena | Afp | Getty Images A subsidiary of top global consulting firm McKinsey & Company agreed to pay nearly … Read more
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Muted market: Wall Street is having a subdued session on Thursday. The Nasdaq Composite and S & P 500 were little changed, while the Dow Jones … Read more
Map showing potential tsunami warning off the coast of Northern California after a reported 7.0M earthquake on Dec. 5th, 2024. USGS An earthquake ruptured off California’s coast on Thursday morning, triggering a tsunami warning for the coast of Northern California and southern Oregon. The earthquake, a magnitude-7.0 temblor, rumbled at around 10:44 a.m., about 62 … Read more
Brandon Bell | Getty Images News | Getty Images A Labor Department rule that shields retirement savers from getting harmful investment advice is at risk of being overturned during President-elect Donald Trump’s second term — an outcome that would have an element of déjà vu, said legal experts. The Biden-era regulation, issued in April, aims … Read more
NASA Administrator Bill Nelson (C) speaks during a news conference about the agency’s Artemis campaign at the James E. Webb Auditorium at NASA Headquarters in Washington, DC, on December 5, 2024. Amid Farahi | Afp | Getty Images NASA chief Bill Nelson announced on Thursday new delays in the U.S. space agency’s Artemis program to … Read more
Virtually all investors aim to identify stocks that offer growth potential while being reasonably priced relative to their fundamentals. This approach is often associated with legendary investor Peter Lynch, who advocated for a balanced approach to investing. I have found an example of one such stock and how to play it with options. To characterize … Read more
Closed circuit screenshots of person wanted for questioning in the UnitedHealthcare CEO killing. Source: NYPD New York police on Thursday released surveillance photos of a person wanted for questioning in the fatal shooting of UnitedHealthcare CEO Brian Thompson. The two photos show most of the face of the person sought by the NYPD in connection … Read more