J&J CEO Joaquin Duato on cancer treatments, M&A outlook and 'most favored nation' policy
CNBC's Angelica Peebles and Johnson & Johnson chairman and CEO Joaquin Duato join 'Squawk Box' to discuss the company's 5-year multiple myeloma treatment study, the company's cancer treatments, M&A outlook, 'most favored nation' pricing, and more.
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CNBC
2 hours ago
- CNBC
Couple bought a homestead for $390,000, spent $13,000 on DIY renovations: Their No. 1 takeaway after a year on the land
In 2023, Sophie Hilaire Goldie, 37, and Rocky Goldie, 50, had just finished converting a friend's Home Depot shed into a tiny home and were ready to start looking for their own place together. "If it wasn't for meeting her, I probably would have ended up in a little shack," Rocky tells CNBC Make It. "I took a long way to get here but I wanted to be some type of homesteader when we met. She had the same vision and it's not common to meet somebody who does." "He also wanted to be living off the land and homesteading," Sophie adds. "But he didn't have this big grand vision of all these buildings. He just wanted something simple." The couple started their search on Zillow with a specific list of requirements that included "at least 10 acres of land" and located "deep in rural Kentucky." "We love old things and antiques, so we wanted a place with some history. We were actually looking for a fixer-upper that had some history, and we weren't really finding great stuff on Zillow," Sophie says. A local photographer connected the couple to a realtor who found them a 37.5-acre homestead for around $390,000. The property had two log cabins from the 1840s that had been combined to make one 2,200 square foot house — with four bedrooms and one bathroom — and one 200 square foot cabin and two barns. "I think I had been waiting my whole life to finally come home. There were elements of the shed that felt like that but this place, more than anything, felt right. I knew it would be the last time I was moving and where I'll spend the rest of my life," Sophie says. "I knew I wanted to put so much energy into these surrounding acres and this view. Finding home in Rocky and this home felt like I could finally let go of the burden I was carrying on trying to find a place." When the couple first visited the property, it was in pretty bad shape. There was poison ivy in the front yard, the sidewalk had cracks, and there was garbage everywhere. But Sophie felt optimistic. "I knew we were going to buy this house before we even stepped foot into it," she says. "I saw all of the promise. With me and my husband working on this place full time, in a few years we could transform this place." "I knew it looked terrible but I could see underneath all of it," she adds. Rocky was less sure but says he was swayed by his wife's enthusiasm. "I thought it was going to be a lot of work and that it was beautiful," he says. "Sophie was always talking about the pros and I was talking the cons, but she convinced me." "I think we balance each other out that way. I'm toxically optimistic and Rocky is pessimistic, but I knew there was no way we weren't going to live here," Sophie adds, laughing. Sophie and Rocky closed on the property in early 2024. The couple secured a 30-year mortgage with a minimum monthly payment of $1,790.18 and plan to pay it off in under five years. Since moving in a year ago, Sophie and Rocky have focused on doing renovations around the house and the property themselves. The couple estimates they've spent about $13,000 so far: $9,000 on tools and $4,000 on the interior of the house. That doesn't include the hundreds of hours the couple has spent doing things like clearing out old trees and bushes, getting rid of all the poison ivy on the property and getting rid of an infestation of brown recluse spiders — one of two spiders in North America with dangerous venom, the other being the Black Widow. Sophie says that when she looks back on the first year of living on the homestead, she splits it into two categories: the work and their mindset. "The first part of the year was a lot of clearing. This place was covered in trash and so it was a lot of trips to the dump. It was a lot of sorting through that stuff before we even took it to the dump. It was also the chaos of having way too many animals and that is completely my fault and I knew it, but I also couldn't stop myself," she says. "I think that first year was really hard and it's hard to even go back to that place but it was also so amazing and exciting. There was an endless amount of things to do, but it was all fun and exciting." Sophie and Rocky have also added new things to the grounds like a garden, many fruit and nut trees and over 30 animals, including chickens, a goat, guinea fowls and cats. On top of the additions to the grounds, the couple has also started renovations on the house, including redoing the kitchen, the bathroom and organizing the rooms throughout the house. The two are trying to set themselves up to be as self-sustainable as possible, too. They eat the eggs from the chickens in the barn and use the milk from the goat to make cheese, creamer, and to bake. The hope is to also use the material they get from the clearing to make their own hay. "We've got our own eggs. We've got fruit. This will be the first year that we will be canning, which I learned from one of our neighbors," Sophie says. "One of the rooms we're redoing to make it into a canning room, which is going to have who knows how many months worth of food ready to go." Now that the couple has been living on the property for a little over a year, Sophie says the most significant lesson she's learned is the impact a person can have on a piece of the planet. "We came here and now you can see how, as long as there are two people here working on this most of the time, you could take a place that was so neglected and change it," she says. "Now we see the rapid abundance of all the work we put into it. It makes you think so much more about the impact that we have on the planet, especially in stewarding this one piece of land. It's a big responsibility because you have a lot of power to do good or bad." For Rocky, the biggest lesson he's learned is who he is outside of his career. He served in the Marines for several years before transitioning to a career in maintenance, which spanned over 20 years. "He was so tied to that identity and when I told him to quit his job and homestead full-time, I saw the sirens going off in his head," Sophie says. "Since he quit, I ask every few months or so how he feels and every time his answer is the same, he forgot to even think about the fact that he quit his job." "It's ingrained into you in this culture that people identify themselves with their jobs. The job becomes your identity and even if you've got somewhat of a plan of how you want to live like we did, it was still scary to let go of that lifeline," Rocky says. "When I left, I thought I would probably sit back and think about what I would be doing at work today but it never happened. The only thought that I have now is why I didn't do it sooner." Sophie and Rocky have no plans of ever selling their property, and are excited to continue working on the homestead, growing Sophie's skincare company, Seoul + Soil, and sharing their journey on YouTube. "I look forward to the day when it's not all these huge projects and all the major stuff is one and then we're just sitting around dilly-dallying and doing our hobbies," Sophie says. "I always want to keep learning and eventually spend half of my day just sitting here doing a hobby." Similar to Sophie, Rocky looks forward to the time when he can simply enjoy his hobbies. "I love to read and learn something, so I would say my goal would be to get to the point where I could do day on, day off of reading, learn something and then go practically apply it the next day," Rocky says. "I sit and think about what my goal is but it's more of a feeling and I kind of already have that feeling where I can sit back and just feel at peace and there's nowhere else in the world I would rather be. I think I'm already at the destination." ,
Yahoo
2 hours ago
- Yahoo
Dallas City Council Approves 12-Year Lease Extension For Southwest Airlines At Love Field
The Dallas City Council has approved a lease extension for Southwest Airlines to operate 18 gates at Dallas Love Field through September 2040, extending the carrier's presence at its historic home base by 12 years. The move addresses anticipated passenger growth and secures long-term operational stability for the airport that served over 16 million travelers last year. Southwest's current lease was set to expire in September 2028, but city aviation officials pushed for an early renewal to lock in predictable costs per passenger. The proactive approach comes as Love Field prepares for projected annual enplanements to reach 10 million by late 2026. Dallas Mayor Eric Johnson praised the partnership during the council's deliberations. 'I am proud to see Dallas extend its longstanding partnership with Southwest Airlines,' Johnson said, as reported by city officials. 'For over 50 years, Southwest has been the cornerstone of Dallas Love Field Airport and a key economic partner to our city.' Southwest CEO Bob Jordan emphasized the airline's deep roots at Love Field, dating back to its inaugural flight in 1971. 'We applaud the leadership of Dallas Mayor Eric Johnson and City Manager Kimberly Bizor Tolbert in helping secure Southwest's long-term future at Dallas Love Field,' Jordan said. The airline executive highlighted Southwest's mission to 'connect People to what matters most in their lives with friendly, reliable, and low-cost air travel.' The extended agreement includes provisions for capital investments aimed at enhancing passenger experience and airport infrastructure. These improvements will help Love Field maintain its status as the busiest medium-hub airport in the United States. Located just seven miles from downtown Dallas, Love Field contributes more than $5.6 billion in annual economic activity to the region. The airport supports approximately 28,000 local jobs and generates $1.7 billion in labor income each year. The facility has earned recognition from industry groups, including ACI-World's Airport Service Quality awards and ACI-NA's MarComCX honors. Still, managing projected growth while maintaining service quality remains a key challenge for airport administrators. The lease extension provides Southwest with operational certainty as the carrier continues expanding its network from its original hub. For Dallas, it ensures continued access to affordable air travel options for residents and businesses throughout the metropolitan area.
Yahoo
2 hours ago
- Yahoo
Trump calls out Putin, accuses China of not honoring trade deal terms during 19th week in office
President Donald Trump put Russian President Vladimir Putin on notice, and issued some harsh words to China and their ongoing trade negotiations during his 19th week in office. "What Vladimir Putin doesn't realize is that if it weren't for me, lots of really bad things would have already happened to Russia, and I mean REALLY BAD. He's playing with fire!" Trump wrote in a Truth Social post Tuesday morning. Dmitry Medvedev, the deputy chairman of the Security Council of Russia and former Russian president, responded in kind and issued his own words of caution to the U.S. "Regarding Trump's words about Putin 'playing with fire' and 'really bad things' happening to Russia. I only know of one REALLY BAD thing — WWIII. I hope Trump understands this!" Medvedev wrote. White House Reveals Possible Penalties On Putin Amid Peace Push: 'Whatever It Takes' Trump's remarks come as Russia has ramped up its attacks against Ukraine in recent weeks, and as the U.S. has sought to distance itself from the conflict between the two countries. Meanwhile, Trump said on Wednesday that time is limited for Putin to get serious about coming to the negotiating table and engage in peace talks. Otherwise, the U.S. might adopt a different approach, he said. Read On The Fox News App "We're going to find out whether or not he's tapping us along or not, and if he is, we'll respond a little bit differently, but it will take about a week and a half to two weeks," Trump told reporters in the Oval Office on Wednesday. Here's what also happened this week: Trump accused China of violating an initial trade agreement that Washington and Beijing were hashing out in May. Following those negotiations, both countries agreed that the U.S. would cut down its tariffs against Chinese imports from 145% to 30%, and China would reduce its tariffs against U.S. imports from 125% to 10%. But Trump said that China hasn't followed the terms of the agreement, without disclosing specifics. "The bad news is that China, perhaps not surprisingly to some, HAS TOTALLY VIOLATED ITS AGREEMENT WITH US," Trump said in a social media post Friday. "So much for being Mr. NICE GUY!" 'No Reason' For New Nukes: Trump Floats Disarmament Talks With China, Russia U.S. Trade Representative Jamieson Greer said after Trump's post in an interview with CNBC that China had failed to remove its non-tariff barriers, as outlined in the deal. "The United States did exactly what it was supposed to do, and the Chinese are slow-rolling their compliance which is completely unacceptable and has to be addressed," Greer said on Friday. Meanwhile, China pressed the U.S. to reverse course and urged the U.S. to address its own mistakes. "China once again urges the US to immediately correct its erroneous actions, cease discriminatory restrictions against China and jointly uphold the consensus reached at the high-level talks in Geneva," Chinese embassy spokesperson Liu Pengyu said in a Friday statement. Canada also could receive protection from Trump's so-called Golden Dome — if it becomes part of the U.S. Trump has long pushed for Canada to become the 51st state, along with expressing interest in acquiring Greenland and the Panama Canal. Trump Claims Canada 'Considering' Offer Of Free Golden Dome In Exchange To Become 51St State "I told Canada, which very much wants to be part of our fabulous Golden Dome System, that it will cost $61 Billion Dollars if they remain a separate, but unequal, Nation, but will cost ZERO DOLLARS if they become our cherished 51st State," Trump said in a Tuesday social media post. Trump has long touted setting up a Golden Dome, a defense shield initiative for the U.S. akin to the one Israel has protecting article source: Trump calls out Putin, accuses China of not honoring trade deal terms during 19th week in office
