California governor accuses Trump of keeping disaster money from wildfire survivors

Newsom said there are still survivors waiting for federal disaster recovery money and people are suffering. “You have a real disaster that needs to be cleaned up — $12 billion sitting there,” Newsom told reporters at a press conference in Sacramento. Newsom said California plans to join several other states in a lawsuit to challenge Trump’s national emergency declaration. “No other state will be more harmed than the state of California because of the magnitude of the money,” the governor said. N


Newsom said there are still survivors waiting for federal disaster recovery money and people are suffering. “You have a real disaster that needs to be cleaned up — $12 billion sitting there,” Newsom told reporters at a press conference in Sacramento. Newsom said California plans to join several other states in a lawsuit to challenge Trump’s national emergency declaration. “No other state will be more harmed than the state of California because of the magnitude of the money,” the governor said. N
California governor accuses Trump of keeping disaster money from wildfire survivors Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-15  Authors: jeff daniels, kevork djansezian, getty images news, getty images
Keywords: news, cnbc, companies, keeping, disaster, trumps, accuses, money, emergency, real, border, governor, wildfire, survivors, trump, california, newsom, billion


California governor accuses Trump of keeping disaster money from wildfire survivors

California Gov. Gavin Newsom blasted President Donald Trump’s declaration of a national emergency Friday and accused him of forgetting about the “real emergency” needs of survivors of the disastrous Camp Fire that destroyed most of the town of Paradise and killed 86 people.

Newsom said there are still survivors waiting for federal disaster recovery money and people are suffering. He said $12 billion in funds that Congress approved for disaster assistance for California, Texas, Georgia and elsewhere is “not moving” as needed to help out with relief efforts.

“You have a real disaster that needs to be cleaned up — $12 billion sitting there,” Newsom told reporters at a press conference in Sacramento. “And not even an utterance, not even a reference in today’s press conference [by Trump] of a real, pressing need and a real human crisis that’s manifesting in real time.”

Newsom, a Democrat, said he just returned Thursday from a visit to Paradise and saw firsthand the continued suffering of the survivors in Northern California’s Butte County. More than 10,000 homes were destroyed in the Camp Fire.

“These people are under enormous stress and anxiety,” Newsom said, adding that they include children who lost everything and are learning in makeshift classrooms. Survivors are “still waiting for FEMA support. Still waiting for disaster recovery money into their community.”

The White House didn’t immediately respond to a request for comment. Trump has previously threatened to cut off funding for wildfire relief.

As of Feb. 13, FEMA had provided over $69 million to survivors of the Camp Fire disaster as part of individual and household relief programs. The agency also has provided about $4.5 million to wildfire victims in Southern California, including the Woolsey Fire last November that destroyed 1,643 structures and killed three people.

Newsom slammed Trump for the national emergency declaration that the president is using to get billions of dollars to fund his southern border wall.

Newsom said California plans to join several other states in a lawsuit to challenge Trump’s national emergency declaration. California has already filed at least 45 lawsuits against the Trump administration on a variety of issues and secured 26 wins, although some cases are still ongoing, according to the office of state Attorney General Xavier Becerra.

“Donald Trump, we’ll see you in court,” Newsom said. “Fortunately, Donald is not the last word — the courts will be the last word.”

Acting White House chief of staff Mick Mulvaney disclosed Friday that Trump intends to put together $8 billion in funds for wall construction along the U.S.-Mexico border. Congress already set aside more than $1.3 billion for the Homeland Security Department in a funding bill, and other money is expected to come from the Pentagon, including $2.5 billion from the military’s fund for counter-narcotics activities. There’s also $3.6 billion expected to be taken from the military’s construction budget and $600 million in Treasury Department drug forfeiture funds.

“No other state will be more harmed than the state of California because of the magnitude of the money,” the governor said. He said there is a risk California could lose funds for counter-narcotics efforts at the border as well as for local task forces and other operations inland that target drugs.

Newsom last week said he plans to keep 100 of the 360 California National Guard troops at the border to combat drug trafficking, a deployment historically financed by the federal government. He said the emergency declaration could impact funding for the Guard deployment.

According to Newsom, the work that Guard troops and federal agencies have been doing to fight drug cartels and illicit drugs such as fentanyl, methamphetamine, heroin and cocaine within the state is now being put at risk for Trump’s “vanity project.”

The governor called Trump’s planned border wall “a monument to stupidity” and added that those who believe large amounts of drugs are being carried on backpacks across the border are “delusional.” Rather, he said drugs are coming through the ports of entry and vehicles, including tractor-trailers, drones, airplanes and boats.

Newsom said Trump’s border wall and the emergency action will make the drug problem worse, not better.

“The legitimate crisis with drugs in this nation can be addressed appropriately and thoughtfully,” Newsom said. “We want to work collaboratively, and we want to work in the spirit of partnership. I don’t want to be a sparring partner with President Trump.”

However, the California politician said, Trump has “made it all but impossible when he plays these games and manufactures a crisis and creates the conditions where we have no other choice than to sue the administration and join other states and join our partners in the federal government to do the same.”


Company: cnbc, Activity: cnbc, Date: 2019-02-15  Authors: jeff daniels, kevork djansezian, getty images news, getty images
Keywords: news, cnbc, companies, keeping, disaster, trumps, accuses, money, emergency, real, border, governor, wildfire, survivors, trump, california, newsom, billion


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Stocks making the biggest moves midday: MGM Resorts, AIG, Marathon Oil & more

Check out the companies making headlines midday Thursday:Bloomin’ Brands — Shares of the hospitality company jumped 8.95 percent on stronger-than-expected quarterly results. Avon Products — The cosmetics maker’s stock dropped 11 percent after Avon reported mixed results for the fourth quarter. Marathon Oil — Shares of Marathon Oil surged 8.75 percent after the company reported better-than-expected earnings and revenues in the fourth quarter as its total oil production rose 17 percent year-over-y


Check out the companies making headlines midday Thursday:Bloomin’ Brands — Shares of the hospitality company jumped 8.95 percent on stronger-than-expected quarterly results. Avon Products — The cosmetics maker’s stock dropped 11 percent after Avon reported mixed results for the fourth quarter. Marathon Oil — Shares of Marathon Oil surged 8.75 percent after the company reported better-than-expected earnings and revenues in the fourth quarter as its total oil production rose 17 percent year-over-y
Stocks making the biggest moves midday: MGM Resorts, AIG, Marathon Oil & more Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-14  Authors: fred imbert, spencer platt, getty images news, getty images
Keywords: news, cnbc, companies, earnings, estimates, company, marathon, mgm, stocks, biggest, aig, oil, share, midday, results, reported, quarterly, resorts, quarter, cents, making, moves, shares


Stocks making the biggest moves midday: MGM Resorts, AIG, Marathon Oil & more

Check out the companies making headlines midday Thursday:

Bloomin’ Brands — Shares of the hospitality company jumped 8.95 percent on stronger-than-expected quarterly results. Bloomin’ Brands posted earnings per share of 30 cents and revenue of $1.01 billion. Analysts polled by Refinitiv expected a profit of 26 cents a share on sales of $1.001 billion.

Avon Products — The cosmetics maker’s stock dropped 11 percent after Avon reported mixed results for the fourth quarter. Avon’s profit of 7 cents a share was in line with a Refinitiv estimate. Sales of $1.402 billion missed expectations, however.

MGM Resorts — Shares of MGM fell 6.36 percent after the casino and resort operator reported a diluted loss per share of 6 cents in the current quarter compared to diluted earnings per share of $2.39 in the prior year quarter. MGM’s fourth-quarter earnings came in one cent above estimates. It also announced an eight percent dividend hike to 13 cents per share from 12 cents.

American International Group — AIG’s stock slid 9 percent after the insurance company posted an unexpected loss of 63 cents per share, after consensus forecasts had predicted a profit of 42 cents per share. Its results were hurt by weaker returns in the equity and credit markets.

Marathon Oil — Shares of Marathon Oil surged 8.75 percent after the company reported better-than-expected earnings and revenues in the fourth quarter as its total oil production rose 17 percent year-over-year. The oil producer also sees oil output rising 10 percent in 2019.

Six Flags Entertainment — The theme park operator sunk nearly 13 percent after the company missed Wall Street’s revenue expectations for fourth-quarter. The quarterly results were mixed though — profit was still well-above consensus expectations.

Sleep Number — Shares of mattress firm Sleep Number rose 14.7 percent Thursday after the company reported better-than-expected earnings and forecast a strong outlook for 2019. The Minneapolis-based company also reported a 13 percent increase in sales from a year ago.

Tempur Sealy – Despite issuing an earnings outlook largely below Wall Street estimates, Tempur Sealy has erased its premarket losses, and was up 2.9 percent. The Kentucky-based firm also posted weaker-than-expected earnings, but it did deliver stronger quarterly sales numbers than analysts anticipated.

Coca-Cola —Shares of Coca-Cola fell 8.44 percent after it released a disappointing growth forecast for 2019. The company reported that it has been battling currency headwinds which it claims hurt its fourth quarter earnings by 10 percent. Coke reported fourth-quarter earnings in line with estimates, and revenues that beat estimates by $22 million.

Cisco Systems — Cisco System’s stock rose 2.93 percent after its second-quarter results beat estimates on the top and bottom lines. The hardware company beat analyst estimates by a penny with an adjusted quarterly profit of 73 cents. It’s growth in cyber security and applications software boosted its revenues. Cisco added $15 billion to its company stock buyback program and raised quarterly dividends by 6 percent.

Amazon — Shares of Amazon fell 1 percent following the company’s announcement that it will not build a headquarters in New York in response to a large opposition from state and local politicians.

—CNBC’s Nadine El-Bawab, Yun Li, JR Reed and Kate Rooney contributed to this report.


Company: cnbc, Activity: cnbc, Date: 2019-02-14  Authors: fred imbert, spencer platt, getty images news, getty images
Keywords: news, cnbc, companies, earnings, estimates, company, marathon, mgm, stocks, biggest, aig, oil, share, midday, results, reported, quarterly, resorts, quarter, cents, making, moves, shares


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Morgan Stanley has 5.6% stake in Twitter, making it the second-biggest shareholder behind Vanguard

Morgan Stanley has a 5.6 percent stake in social media company Twitter, according to a Securities and Exchange Commission filing released Wednesday. The stake makes the banking giant the second-largest investor in Twitter, behind The Vanguard Group, which had a more than 9 percent stake in the company as of last September, FactSet data show. According to the filing, Morgan Stanley owned 43.3 million Twitter shares as of Dec. 31. The bank had a stake of 43.72 million shares as of Sept. 30, FactSe


Morgan Stanley has a 5.6 percent stake in social media company Twitter, according to a Securities and Exchange Commission filing released Wednesday. The stake makes the banking giant the second-largest investor in Twitter, behind The Vanguard Group, which had a more than 9 percent stake in the company as of last September, FactSet data show. According to the filing, Morgan Stanley owned 43.3 million Twitter shares as of Dec. 31. The bank had a stake of 43.72 million shares as of Sept. 30, FactSe
Morgan Stanley has 5.6% stake in Twitter, making it the second-biggest shareholder behind Vanguard Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-13  Authors: fred imbert, andrew burton, getty images news, getty images
Keywords: news, cnbc, companies, million, making, stanley, morgan, shareholder, data, secondbiggest, 56, twitter, company, stake, vanguard, factset, shares, filing


Morgan Stanley has 5.6% stake in Twitter, making it the second-biggest shareholder behind Vanguard

Morgan Stanley has a 5.6 percent stake in social media company Twitter, according to a Securities and Exchange Commission filing released Wednesday.

The stake makes the banking giant the second-largest investor in Twitter, behind The Vanguard Group, which had a more than 9 percent stake in the company as of last September, FactSet data show.

According to the filing, Morgan Stanley owned 43.3 million Twitter shares as of Dec. 31. The bank had a stake of 43.72 million shares as of Sept. 30, FactSet data show.

Twitter shares have been on fire this year, surging more than 10 percent in 2019. Last year, the stock rose 19.7 percent to post its third straight year of gains.


Company: cnbc, Activity: cnbc, Date: 2019-02-13  Authors: fred imbert, andrew burton, getty images news, getty images
Keywords: news, cnbc, companies, million, making, stanley, morgan, shareholder, data, secondbiggest, 56, twitter, company, stake, vanguard, factset, shares, filing


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Japanese women challenge Valentine’s Day tradition of giving chocolate to male coworkers

Valentine’s Day comes first, so women set the bar for who receives a treat as well as the caliber of the treat. Still, 35 percent of women plan on handing out chocolate treats to male coworkers this year, according to a poll by a Tokyo department store. More women, though, about 60 percent, plan to indulge in some self-love this Valentine’s Day by purchasing chocolates for themselves. These company bans on giri choco also seem to be reshaping the country’s notions of who gives gifts on Feb. 14.


Valentine’s Day comes first, so women set the bar for who receives a treat as well as the caliber of the treat. Still, 35 percent of women plan on handing out chocolate treats to male coworkers this year, according to a poll by a Tokyo department store. More women, though, about 60 percent, plan to indulge in some self-love this Valentine’s Day by purchasing chocolates for themselves. These company bans on giri choco also seem to be reshaping the country’s notions of who gives gifts on Feb. 14.
Japanese women challenge Valentine’s Day tradition of giving chocolate to male coworkers Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-13  Authors: kerri anne renzulli, toru yamanaka, afp, getty images, chris mcgrath, getty images news
Keywords: news, cnbc, companies, treat, choco, tradition, challenge, giving, workers, chocolate, day, japanese, male, treats, giri, valentines, women, coworkers, plan


Japanese women challenge Valentine's Day tradition of giving chocolate to male coworkers

Valentine’s Day comes first, so women set the bar for who receives a treat as well as the caliber of the treat. Such pressure has led women to spend thousands of yen on giri choco for colleagues to avoid causing offense in past years, but now more and more companies are banning this form of gift giving altogether. Forty percent of workers see it as a form of abuse and harassment, according to Japan Today.

In interviews conducted by newsite ANN, Japanese workers favored such bans and said they felt it eased pressures on women and had a positive effect on coworker relationships.

Still, 35 percent of women plan on handing out chocolate treats to male coworkers this year, according to a poll by a Tokyo department store.

More women, though, about 60 percent, plan to indulge in some self-love this Valentine’s Day by purchasing chocolates for themselves. Only 36 percent plan to use sweet treats as a love token for partners or crushes.

These company bans on giri choco also seem to be reshaping the country’s notions of who gives gifts on Feb. 14. News outlet SoraNews24 recently reported on a growing trend — gyaku choco, or “reverse chocolate” — that has men giving sweets to women. The publication notes that it’s still far from the norm.

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Don’t miss: This Valentine’s Day, get back at your ex by naming a cockroach after them for $2


Company: cnbc, Activity: cnbc, Date: 2019-02-13  Authors: kerri anne renzulli, toru yamanaka, afp, getty images, chris mcgrath, getty images news
Keywords: news, cnbc, companies, treat, choco, tradition, challenge, giving, workers, chocolate, day, japanese, male, treats, giri, valentines, women, coworkers, plan


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Stocks making the biggest moves midday: Teva Pharmaceuticals, Hilton, Groupon & more

Check out the companies making headlines midday Wednesday:Diebold Nixdorf — Shares of the ATM maker surged more than 30 percent after reporting a better-than-expected quarterly revenue and upbeat guidance for 2019. Hilton Worldwide — The hotel operator climbed 5.8 percent on the back of better-than-expected quarterly earnings. Hilton said in its report its bottom line got a boost from higher room rates in the previous quarter. Dish Network — Dish shares dropped more than 8 percent after satellit


Check out the companies making headlines midday Wednesday:Diebold Nixdorf — Shares of the ATM maker surged more than 30 percent after reporting a better-than-expected quarterly revenue and upbeat guidance for 2019. Hilton Worldwide — The hotel operator climbed 5.8 percent on the back of better-than-expected quarterly earnings. Hilton said in its report its bottom line got a boost from higher room rates in the previous quarter. Dish Network — Dish shares dropped more than 8 percent after satellit
Stocks making the biggest moves midday: Teva Pharmaceuticals, Hilton, Groupon & more Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-13  Authors: fred imbert, drew angerer, getty images news, getty images
Keywords: news, cnbc, companies, higher, earnings, million, making, betterthanexpected, midday, pharmaceuticals, share, revenue, biggest, quarterly, groupon, hilton, teva, stock, stocks, analyst, moves, shares


Stocks making the biggest moves midday: Teva Pharmaceuticals, Hilton, Groupon & more

Check out the companies making headlines midday Wednesday:

Diebold Nixdorf — Shares of the ATM maker surged more than 30 percent after reporting a better-than-expected quarterly revenue and upbeat guidance for 2019. Diebold expects adjusted earnings before interest, taxes, appreciation and amortization to range between $380 million and $420 million, well above a FactSet estimate of $339.8 million.

Freeport-McMoRan — Freeport-McMoRan’s stock jumped more than 4 percent after an analyst at Morgan Stanley upgraded it, noting the company will get a boost from higher copper prices.

Hilton Worldwide — The hotel operator climbed 5.8 percent on the back of better-than-expected quarterly earnings. Hilton said in its report its bottom line got a boost from higher room rates in the previous quarter.

Dish Network — Dish shares dropped more than 8 percent after satellite TV service company’s fourth-quarter earnings missed analyst estimates. Dish also said it lost a net 334,000 subscribers in the previous quarters, more than expected.

Lattice Semiconductor — The chipmaker’s stock surged 24.6 percent after posting adjusted earnings per share of 8 cents, in line with analyst expectations, and better-than-expected quarterly revenue. Lattice also issued better-than-expected sales guidance for first-quarter 2019.

Activision Blizzard — Shares of Activision jumped more than 5 percent after the video game publisher reported adjusted quarterly profit of $1.29 per share, one cent above estimates. Activision also announced it would cut its workforce by about 8 percent, even as it boosts the number of developers by about 20 percent to increase new content.

McDermott International — Shares of McDermott tanked more than 23 percent after the construction company said it expects to report an additional $168 million charge for its Cameron LNG project in the fourth quarter of 2018. McDermott blamed the charge on unfavorable labor productivity, and increases in subcontract, commissioning and construction management costs.

Groupon — Groupon’s stock plummeted 13.51 percent on weaker-than-expected fourth-quarter earnings. The e-commerce company’s earnings were 10 cents per share, falling 3 cents short of analyst estimates. Groupon also said it expects earnings before interest, taxes, appreciation and amortization of $270 million for 2019, below a FactSet estimate of $301.6 million.

Teva Pharmaceuticals — Shares of the Israel-based drugmaker dropped more than 7 percent Wednesday after the company issued a disappointing revenue forecast for 2019, citing weaker-than-expected sales from its multiple sclerosis drug Copaxone. The world’s largest generic drugmaker also posted a larger-than-anticipated drop in profit for the fourth quarter. Teva is currently on pace for its worst day of trading since early August of last year.

Anadarko Petroleum, Devon Energy, Hess, Newfield Exploration — Energy stocks are far and away the best performing group in the S&P 500, boosted by a rise in crude oil prices. The benchmark West Texas Intermediate hit its highest level in over a week, driven in part by bullish data from the American Petroleum Institute that showed a surprise draw down in U.S. oil inventories. Among the individual stocks leading the group higher today include Anadarko Petroleum, Devon Energy, Hess, and Newfield Exploration – all higher by more than 3 percent.

—CNBC’s JR Reed, Yun Li and Nadine El-Bawab contributed to this report.


Company: cnbc, Activity: cnbc, Date: 2019-02-13  Authors: fred imbert, drew angerer, getty images news, getty images
Keywords: news, cnbc, companies, higher, earnings, million, making, betterthanexpected, midday, pharmaceuticals, share, revenue, biggest, quarterly, groupon, hilton, teva, stock, stocks, analyst, moves, shares


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Apple VA deal: Putting patients in control of their health info

Apple announced on Monday that it’s working with the U.S. Department of Veterans Affairs to bring health records to the iPhone. “By bringing Health Records on iPhone to VA patients, we hope veterans will experience improved healthcare that will enhance their lives,” said Apple’s COO Jeff Williams in a statement. Apple already works with dozens of hospitals that are integrated with its Health Records software, so their patients can access clinical information. The earliest beneficiaries will be e


Apple announced on Monday that it’s working with the U.S. Department of Veterans Affairs to bring health records to the iPhone. “By bringing Health Records on iPhone to VA patients, we hope veterans will experience improved healthcare that will enhance their lives,” said Apple’s COO Jeff Williams in a statement. Apple already works with dozens of hospitals that are integrated with its Health Records software, so their patients can access clinical information. The earliest beneficiaries will be e
Apple VA deal: Putting patients in control of their health info Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-11  Authors: christina farr, justin sullivan, getty images news, getty images
Keywords: news, cnbc, companies, apple, va, putting, deal, medical, health, information, control, systems, records, software, veterans, info, patients


Apple VA deal: Putting patients in control of their health info

Apple announced on Monday that it’s working with the U.S. Department of Veterans Affairs to bring health records to the iPhone.

That means that vets receiving their care from the VA will be able to see medical information like allergies, immunizations, labs and procedures directly on their iPhones with just a few clicks.

“By bringing Health Records on iPhone to VA patients, we hope veterans will experience improved healthcare that will enhance their lives,” said Apple’s COO Jeff Williams in a statement.

Apple already works with dozens of hospitals that are integrated with its Health Records software, so their patients can access clinical information. But the VA, which represents 9 million people, is a big step forward for the company, as it’s the largest medical system in the country.

It’s also a big deal for people who aren’t veterans.

Industry experts say that Apple is taking advantage of a bigger movement to force medical record companies and insurers to open up access to health information, which is supported by the government and different academic groups. Also this week, the Department of Health and Human Services shared its much-anticipated rules that are designed to prevent information blocking.

“The barriers are coming down,” said Kenneth Mandl, a director of computational health informatics at Boston Children’s Hospital and a longtime advocate of the “App Store for health” concept.

“And Apple is a first mover in taking advantage of these new laws and regulations,” he explained.

The earliest beneficiaries will be early adopters of Apple’s health records software, who can use it to get their data from participating health systems, as well as veterans and patients enrolled in Medicare.

But Mandl believes it’s only a matter of time before commercial insurers and other groups follow suit.

As this trend continues, anyone with a smartphone will someday be able to see their clinical record (what happened when they got treated at a hospital or clinic), and their claims history (what got billed). That unified data set will also open up a lot of opportunities for health app developers that can generate important new insights.

It’s also good for patients, he said, as they can present everything to a doctor rather than having to be subjected to duplicate tests and procedures.

Mandl and others have already put decades of work toward making this a reality for patients, many of whom still must request records from every hospital or clinic they’ve visited. There’s been a big trend towards open standards, as well as to reduce the crazy fees some electronic medical records providers charge to give third party access to this data.

“Until now, the data systems that patients and doctors rely on for their care have been composed of many different companies’ products run by many different hospitals without an overarching strategy for how they talk to each other, as well as other software systems,” said Mandl.

But these rules promote a “universal approach for connecting apps to health systems, the same way you might connect an app to your smartphone.”

WATCH: Cramer on what Apple should do if it doesn’t buy Epic Systems


Company: cnbc, Activity: cnbc, Date: 2019-02-11  Authors: christina farr, justin sullivan, getty images news, getty images
Keywords: news, cnbc, companies, apple, va, putting, deal, medical, health, information, control, systems, records, software, veterans, info, patients


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Don’t buy these 8 foods at Costco, experts say

Costco can be a great place to find good deals on the foods you eat every day. But there are a few areas where your local grocery store or a big box store like Walmart and Target can offer better value for your money. That’s especially true when it comes to size. However, the reason grocery experts put these items in the “don’t buy” category comes down to the size. That’s especially true on items like soy sauce, spice mixes and produce.


Costco can be a great place to find good deals on the foods you eat every day. But there are a few areas where your local grocery store or a big box store like Walmart and Target can offer better value for your money. That’s especially true when it comes to size. However, the reason grocery experts put these items in the “don’t buy” category comes down to the size. That’s especially true on items like soy sauce, spice mixes and produce.
Don’t buy these 8 foods at Costco, experts say Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-11  Authors: megan leonhardt, tim boyle, getty images news, getty images, -charlene haugsven, founder of myfrugaladventurescom
Keywords: news, cnbc, companies, good, foods, store, flour, usually, thats, dont, say, haugsven, especially, items, experts, buy, costco, grocery


Don't buy these 8 foods at Costco, experts say

Costco can be a great place to find good deals on the foods you eat every day. But there are a few areas where your local grocery store or a big box store like Walmart and Target can offer better value for your money.

That’s especially true when it comes to size. Because Costco generally sells products in bulk, to get the most out of your purchase, you need to make sure you can consume the larger quantities of a product before it goes bad. For ordinary families or individuals, that can be a high bar to clear.

That’s primarily why Charlene Haugsven, founder of MyFrugalAdventures.com, tells CNBC Make It, “Just because Costco has it doesn’t mean it’s a bargain.”

Here are the eight types of groceries she and other experts suggest that the average shopper should think twice before buying in bulk at Costco:

Breakfast cereal

Ground coffee

Condiments and sauces, such as soy sauce

Flour

Milk

Eggs

Fresh fruits and vegetables

Spices

If you compare these items, especially the Kirkland brand, to similar products you’d find at the grocery store simply on price, Costco usually wins. However, the reason grocery experts put these items in the “don’t buy” category comes down to the size.

The containers or packages are simply too big to end up being a good value for the average person.

Sure, some folks with big families, an extra freezer or lots of pantry space may think these are a good deal. In many cases, though, you’ll end up throwing a good portion of the food away or struggle to find room for it in your home.

“A normal family is just never going to get through the quantity you have to purchase,” Haugsven says. That’s especially true on items like soy sauce, spice mixes and produce. If you live by yourself, springing for Costco’s 1-pound container of fresh spinach, for example, may not make sense, though it is a steal at $4.99. That’s because, even if it’s stored properly, fresh spinach will usually only last 5 to 7 days in the refrigerator, according to shelf-life guide site StillTasty.com.

Large quantities can also be unwieldy to store. Though grocery stores usually sell flour in 5-pound sacks, Costco sells it in 25-pound packages, and it can be difficult to find space for all of that. “I would never want to store 25 pounds of flour. That’s a whole year’s worth of flour in advance,” Haugsven says.


Company: cnbc, Activity: cnbc, Date: 2019-02-11  Authors: megan leonhardt, tim boyle, getty images news, getty images, -charlene haugsven, founder of myfrugaladventurescom
Keywords: news, cnbc, companies, good, foods, store, flour, usually, thats, dont, say, haugsven, especially, items, experts, buy, costco, grocery


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Don’t buy these 8 foods at Costco, experts say

Costco can be a great place to find good deals on the foods you eat every day. But there are a few areas where your local grocery store or a big box store like Walmart and Target can offer better value for your money. That’s especially true when it comes to size. However, the reason grocery experts put these items in the “don’t buy” category comes down to the size. That’s especially true on items like soy sauce, spice mixes and produce.


Costco can be a great place to find good deals on the foods you eat every day. But there are a few areas where your local grocery store or a big box store like Walmart and Target can offer better value for your money. That’s especially true when it comes to size. However, the reason grocery experts put these items in the “don’t buy” category comes down to the size. That’s especially true on items like soy sauce, spice mixes and produce.
Don’t buy these 8 foods at Costco, experts say Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-11  Authors: megan leonhardt, tim boyle, getty images news, getty images, -charlene haugsven, founder of myfrugaladventurescom
Keywords: news, cnbc, companies, store, costco, haugsven, usually, items, say, dont, experts, foods, thats, flour, grocery, good, especially, buy


Don't buy these 8 foods at Costco, experts say

Costco can be a great place to find good deals on the foods you eat every day. But there are a few areas where your local grocery store or a big box store like Walmart and Target can offer better value for your money.

That’s especially true when it comes to size. Because Costco generally sells products in bulk, to get the most out of your purchase, you need to make sure you can consume the larger quantities of a product before it goes bad. For ordinary families or individuals, that can be a high bar to clear.

That’s primarily why Charlene Haugsven, founder of MyFrugalAdventures.com, tells CNBC Make It, “Just because Costco has it doesn’t mean it’s a bargain.”

Here are the eight types of groceries she and other experts suggest that the average shopper should think twice before buying in bulk at Costco:

Breakfast cereal

Ground coffee

Condiments and sauces, such as soy sauce

Flour

Milk

Eggs

Fresh fruits and vegetables

Spices

If you compare these items, especially the Kirkland brand, to similar products you’d find at the grocery store simply on price, Costco usually wins. However, the reason grocery experts put these items in the “don’t buy” category comes down to the size.

The containers or packages are simply too big to end up being a good value for the average person.

Sure, some folks with big families, an extra freezer or lots of pantry space may think these are a good deal. In many cases, though, you’ll end up throwing a good portion of the food away or struggle to find room for it in your home.

“A normal family is just never going to get through the quantity you have to purchase,” Haugsven says. That’s especially true on items like soy sauce, spice mixes and produce. If you live by yourself, springing for Costco’s 1-pound container of fresh spinach, for example, may not make sense, though it is a steal at $4.99. That’s because, even if it’s stored properly, fresh spinach will usually only last 5 to 7 days in the refrigerator, according to shelf-life guide site StillTasty.com.

Large quantities can also be unwieldy to store. Though grocery stores usually sell flour in 5-pound sacks, Costco sells it in 25-pound packages, and it can be difficult to find space for all of that. “I would never want to store 25 pounds of flour. That’s a whole year’s worth of flour in advance,” Haugsven says.


Company: cnbc, Activity: cnbc, Date: 2019-02-11  Authors: megan leonhardt, tim boyle, getty images news, getty images, -charlene haugsven, founder of myfrugaladventurescom
Keywords: news, cnbc, companies, store, costco, haugsven, usually, items, say, dont, experts, foods, thats, flour, grocery, good, especially, buy


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South Korea signs deal to pay more for US troops after Trump’s demand

South Korean officials signed a short-term agreement on Sunday that would boost the amount Seoul contributes toward the upkeep of U.S. troops on the peninsula, after a previous deal lapsed amid U.S. President Donald Trump’s call for more money. The new deal must still be approved by South Korea’s parliament, but it would boost South Korea’s contribution to 1.03 trillion won ($890 million) from 960 billion won in 2018. Unlike past agreements, which lasted for five years, this deal is scheduled to


South Korean officials signed a short-term agreement on Sunday that would boost the amount Seoul contributes toward the upkeep of U.S. troops on the peninsula, after a previous deal lapsed amid U.S. President Donald Trump’s call for more money. The new deal must still be approved by South Korea’s parliament, but it would boost South Korea’s contribution to 1.03 trillion won ($890 million) from 960 billion won in 2018. Unlike past agreements, which lasted for five years, this deal is scheduled to
South Korea signs deal to pay more for US troops after Trump’s demand Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-10  Authors: chung sung-jun, getty images news, getty images
Keywords: news, cnbc, companies, demand, pay, won, trumps, troops, upkeep, table, korea, south, koreas, boost, trillion, signs, deal


South Korea signs deal to pay more for US troops after Trump's demand

South Korean officials signed a short-term agreement on Sunday that would boost the amount Seoul contributes toward the upkeep of U.S. troops on the peninsula, after a previous deal lapsed amid U.S. President Donald Trump’s call for more money.

The new deal must still be approved by South Korea’s parliament, but it would boost South Korea’s contribution to 1.03 trillion won ($890 million) from 960 billion won in 2018.

Unlike past agreements, which lasted for five years, this deal is scheduled to expire in one year, potentially forcing both sides back to the bargaining table within months.


Company: cnbc, Activity: cnbc, Date: 2019-02-10  Authors: chung sung-jun, getty images news, getty images
Keywords: news, cnbc, companies, demand, pay, won, trumps, troops, upkeep, table, korea, south, koreas, boost, trillion, signs, deal


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Amy Klobuchar top 2020 election Democratic primary policies

Sen. Amy Klobuchar joined a growing field of Democrats Sunday in the race to take on President Donald Trump next year. Like most in her party, the Minnesota politician has pushed for more affordable health care during the Trump era. Her other recent priorities include online consumer protection and election security — allowing her to carve out a role in efforts to regulate social media companies. He also pointed to recent media reports in which former staff members alleged the senator was overly


Sen. Amy Klobuchar joined a growing field of Democrats Sunday in the race to take on President Donald Trump next year. Like most in her party, the Minnesota politician has pushed for more affordable health care during the Trump era. Her other recent priorities include online consumer protection and election security — allowing her to carve out a role in efforts to regulate social media companies. He also pointed to recent media reports in which former staff members alleged the senator was overly
Amy Klobuchar top 2020 election Democratic primary policies Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-10  Authors: jacob pramuk, drew angerer, getty images news, getty images
Keywords: news, cnbc, companies, media, young, policy, health, policies, amy, senator, klobuchar, 2020, trump, online, election, democratic, primary, priorities, recent


Amy Klobuchar top 2020 election Democratic primary policies

Sen. Amy Klobuchar joined a growing field of Democrats Sunday in the race to take on President Donald Trump next year.

So just what does she believe?

Like most in her party, the Minnesota politician has pushed for more affordable health care during the Trump era. Her other recent priorities include online consumer protection and election security — allowing her to carve out a role in efforts to regulate social media companies.

During her Minneapolis campaign announcement in a driving snow on Sunday, Klobuchar mentioned several goals: reducing the influence of money in politics, automatically registering young people to vote and reinstating climate regulations rolled back by Trump. She also called for “digital rules of the road” to protect Americans online, policies to cut drug prices and a path to universal health care.

In a statement shortly after Klobuchar announced her candidacy, Republican National Committee spokesman Michael Ahrens said “it’s tough to find any base of support” for her bid. He also pointed to recent media reports in which former staff members alleged the senator was overly-demanding, or outright mistreated them.

The 58-year-old senator has generally not moved as far left on policy as most of her primary competitors, leaving her space to cast herself as a more pragmatic option. At home, the third-term lawmaker ranks as one of the most popular U.S. senators. Whether the Midwesterner’s turns in the spotlight during recent confirmation and oversight hearings have boosted her nationwide standing remains to be seen.

Here are some of Klobuchar’s recent policy priorities in the Senate:


Company: cnbc, Activity: cnbc, Date: 2019-02-10  Authors: jacob pramuk, drew angerer, getty images news, getty images
Keywords: news, cnbc, companies, media, young, policy, health, policies, amy, senator, klobuchar, 2020, trump, online, election, democratic, primary, priorities, recent


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