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☆ PGA Championship: Xander Schauffele ties major record again as Scottie Scheffler eagles first hole as a Dad
▼ + stars: | 2024-05-16 | by ( Jack Bantock | ) edition.cnn.com time to read: +5 min

CNN —Only four times in the history of all four men’s major championships has a golfer shot 62. “I’ll take a 62 in any major any day,” Schauffele told reporters Thursday. Scheffler shot 67 to pen the latest positive chapter in the unfolding story of a truly remarkable year. Matt York/APTiger Woods had looked on course to make a solid start of his own at his 23rd PGA Championship, only for a closing pair of sloppy three putts to drop him to one-over 72. Defending champion Brooks Koepka was among those to shoot 67 as he hunts a fourth PGA Championship win, two strokes better than grand slam chasing compatriot Jordan Spieth.

Persons: Xander Schauffele, Schauffele, Rickie Fowler, ” Schauffele, “ It’s, Ross Kinnaird, Branden Grace, Rory McIlroy, “, ”, ” Scheffler, Scottie Scheffler, Scheffler, Matt York, Woods, “ I’ve, I’ve, ” Woods, Christian Petersen, Tony Finau, Sahith, McIlroy, Robert MacIntyre, Brooks Koepka, Jordan Spieth, Schauffele teeing Organizations: CNN, Valhalla Golf, PGA, 126th, Wells, Getty, Scottish Ryder Locations: blitzing, Valhalla, Kentucky, Southport , England

☆ The 6-time Fittest Woman on Earth is training to reclaim her title at the CrossFit Games. People doubt her strength as a new mom — and she's using it as motivation.
▼ + stars: | 2024-05-13 | by ( Rachel Hosie | ) www.businessinsider.com time to read: +4 min

Tia-Clair Toomey-Orr, six-time Fittest Woman on Earth, is returning to the CrossFit Games this year. The six-time Fittest Woman on Earth skipped the 2023 CrossFit Games after she gave birth to her daughter Willow last May. NobullToomey-Orr sets small training goals for herselfWatching the 2023 CrossFit Games from the sidelines in August was tough for Toomey-Orr, she previously told BI. While Willow regularly watches her mother training, Toomey-Orr isn't going to push her daughter into CrossFit as a career. Like winning the CrossFit Games six times, taking a year off to have a baby, and getting straight back to it.

Persons: Tia, Clair Toomey, Orr, —, Willow, Toomey, she's, Nobull Toomey, It's, Goruck, Orr isn't Organizations: Service, Games Locations: Nashville, CrossFit

☆ China’s Xi Jinping highlights Europe’s divisions ahead of expected Putin visit
▼ + stars: | 2024-05-12 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +9 min

Chinese state media played up the warm diplomacy, with headlines proclaiming China’s “ironclad” bond with Serbia and “golden friendship” with Hungary. Both are sure to closely watch any summit between Xi and Russian President Vladimir Putin in China, expected to happen soon. Chinese leader Xi Jinping is welcomed at the airport in Belgrade on May 7 for his two-day state visit. Xi also marketed a shared worldview during his meeting with Orban in Hungary, which is a member of both the EU and NATO. Chinese leader Xi Jinping talks with Hungarian Prime Minister Viktor Orban in Budapest on May 9.

Persons: Xi, Peng Liyuan, Aleksandar Vucic, Viktor Orban, China’s, Vucic, Orban –, Emmanuel Macron, Ursula von der, Vladimir Putin, Orban, Hungary “, ’ ”, Philippe Le Corre, ”, Putin, Le Corre, Xi Jinping, Dimitrije Goll, Xi’s, Serbia’s Vucic, ” Vucic, Bruno Le Maire, BYD, Liu Dongshu, Vivien Cher Benko, Tamas Matura, Mark Rutte, Olaf Scholz, Matura, Von der, “ Orban, Gabor Scheiring Organizations: Hong Kong CNN, Russia, Ukraine, China, Europe …, Asia Society, Center for, Forum, Anadolu, Getty, EU, NATO, ”, Xi, Hong Kong’s City University ., Hungarian, Central, Dutch, Georgetown University Locations: Hong Kong, France, Ukraine, China, Belgrade, Budapest, Paris, Serbian, Hungarian, Serbia, Hungary, Europe, Russia, Russian, ”, Europe … Hungary, Center for China, Beijing, United States, EU, Hong, Central, Eastern Europe, Eastern, Moscow, Qatar, “ Hungary

☆ Meet the millennials who suddenly doubled their wealth in the last 4 years after an adulthood plagued by bad economic luck
▼ + stars: | 2024-05-11 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +11 min

"So looking at even a $150,000 price tag for a house, you're just like, when is that ever going to happen?" In the fourth quarter of 2019, millennials held $3.5 trillion in real estate wealth; as of the fourth quarter of 2023, that's more than doubled. Average millennial wealth doubled between 2019 and 2023, according to an analysis from the Center for American Progress. For example, Gen Xers' real wealth grew by only 4% in the four years following 2007's Great Recession. Baby boomers' real wealth grew by 46% in the four years after the 1990 recession.

Persons: —, James Barnes, Barnes, you'd, millennials, Khary, Gen Xers, boomers, Joe Biden, Biden, didn't, Amanda, Rob Gruijters, They're, there's, Caitlin de Oliveira, she's Organizations: Service, Navy, BI, Center for American Progress, University of Cambridge, Research Locations: Lawrenceville , Georgia, Atlanta, Alabama, —, Texas

☆ How previous investing mistakes are shaping my thinking on the latest stock gone wrong
▼ + stars: | 2024-05-05 | by ( Jim Cramer | ) www.cnbc.com time to read: +19 min

Three times a day we would gather "off the desk," and I would have to defend every stock we owned. First, there's the obvious mistakes that we have made: Bausch Health and Foot Locker . To signify the changes, he renamed it Bausch Health in 2018, after the eye-care company Valeant bought for $8.7 billion five years earlier. We thought the IPO market would come back, and Bausch Health would win the lawsuit and all would be back on track. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jeff Marks, Karen Cramer, Cramer, Karen, Max Palevsky, It's, Joseph Papa, Clint Eastwood, Papa, Jim Cramer, Valeant, Bausch, Locker, Mary Dillon, Dillon, Wall, Emerson, Cristiano Amon, Laxman Narasimhan, Howard Schultz, Narasimhan, Benckiser, Kevin Johnson, Schultz, Johnson, it's, —, Foot Locker, Jim Cramer's, Jim Organizations: Cramer &, Intel, Charitable Trust, Co, Starbucks, Bausch Health, Pharmaceuticals, Perrigo, Health, Norwich Pharmaceuticals, Former, Emerson Electric, Qualcomm, National, Eaton Corp, Broadcom, Palestine, PepsiCo, Nestle, Elliott Management, Emerson, CNBC, Getty Locations: China, —, Israel, U.S, BHC, FL, Jinan, East China's Shandong province

☆ How Six-Week Abortion Bans Went From Fringe to Reality
▼ + stars: | 2024-05-01 | by ( Jess Bidgood | More About Jess Bidgood | ) www.nytimes.com time to read: +1 min

Just over a decade ago, six-week abortion bans were seen as too radical even by many members of the anti-abortion movement, who worried they carried too much political and legal risk. Ron DeSantis, a Republican, cuts off access to the procedure before many women even know they are pregnant, leaving millions of women in the South hundreds of miles from a clinic offering abortion. The ban represents another victory for the true believers of the anti-abortion movement that seek sharp curbs on the procedure. But when such a ban was first introduced, mainstream abortion opponents who preferred gradually chipping away at abortion rights felt such restrictions could backfire and undermine their broader goals. I asked her how the six-week ban moved from the fringe to the mainstream — and why those early warnings from anti-abortion allies might be coming true now.

Persons: Ron DeSantis, Elizabeth Dias, Lisa Lerer, Roe, Wade Organizations: Gov, Republican Locations: Florida

☆ Cyberattack on UnitedHealth firm forces doctors to dig into personal savings to stay afloat
▼ + stars: | 2024-04-30 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +19 min

Change Healthcare offers payment and revenue cycle management tools, and other solutions such as electronic prescription software. On Feb. 21, UnitedHealth Group , which owns Change Healthcare, discovered that hackers compromised part of the unit's information technology systems. UnitedHealth told CNBC earlier this month that there is "no evidence of any new cyber incident at Change Healthcare." It's just one of the ways Change Healthcare touches cash flow within the health-care sector. A controversial mergerSheldon Cooper | Sopa Images | Lightrocket | Getty ImagesUnitedHealth's ownership of Change Healthcare has raised eyebrows from the outset.

Persons: Omar Marques, Dr, Angeli Maun Akey, Akey, she's, UnitedHealth, I've, Andrew, Mike Bradley, Barbara McAneny, McAneny, Sarah Carlson, Carlson, Sheldon Cooper, Optum, Michael Nagle, Tyler Kisling, Kisling, he's, There's, it's, Purvi, Parikh hadn't, they've, Amit Phull, Phull, Igor Golovniov Organizations: Lightrocket, CNBC, Healthcare, UnitedHealth, U.S . Securities, Exchange Commission, Change, Inc, Bloomberg, Getty, U.S, American Medical Association, AMA, U.S . Department of Justice, DOJ, U.S . Department of Health, Human Services, Wall Street, New York Stock Exchange, Change Healthcare Locations: Gainesville , Florida, U.S, Minnetonka , Minnesota, UnitedHealth's, New Mexico, Boulder , Colorado, California, New York City, UnitedHealth

☆ AI is helping Amazon send fewer small items in comically large boxes
▼ + stars: | 2024-04-21 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +2 min

Amazon's packaging has been getting more efficient in recent years, thanks to AI. The e-commerce giant built an AI model that interprets pictures and text to choose the best shipping materials. The tool is key in helping the company cut out 2 million tons of plastic and cardboard since 2015. Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. Frequent Amazon shoppers have almost certainly received a shipment with a single small item in a comically large box.

Organizations: Service Locations: North America

Although Leslie has been chipping away at her student loan debt for about 15 years, she says it's been worth it in order to pursue her passion. Leslie used her DoorDash side hustle to help pay down her student loan debt. Leslie used her early DoorDash earnings to eliminate her car loan, then began throwing the rest at her remaining student loan balance. "It was really important that I got a lot of my student loan debt taken care of because then I was able to dedicate that back into myself and my health and my mental wellness," she says. Working toward a debt-free futureAlthough Leslie says her student loan debt is at a more manageable level, she plans to continue working part-time as a DoorDash delivery driver for now.

Persons: Shonnita Leslie, Leslie, it's, It's, Roth, she'll Organizations: CNBC, Public, Fi Insurance, Hulu, Roth IRA Locations: Connecticut, Houston , Texas, Houston, Leslie's, Texas, DoorDash

☆ The Masters: Bryson DeChambeau tears signpost from ground to set up improvised escape shot
▼ + stars: | 2024-04-13 | by ( Jack Bantock | ) edition.cnn.com time to read: +3 min

CNN —Several signs point to Bryson DeChambeau winning this year’s Masters, including the one he yanked out of the ground at Augusta National on Friday. A thunderous 372-yard drive from the 17th tee during his second round served as a reminder of his status as one of the game’s all-time heaviest hitters. “Playing great golf,” Dechambeau said. Putting is in a great place. Chipping is in a great place.

Persons: Bryson DeChambeau, DeChambeau –, ”, LIV, Augusta National’s, Maddie Meyer, DeChambeau, “, ” DeChambeau, Max Homa, Scottie Scheffler, ” Dechambeau, Homa Organizations: CNN, Augusta National, Chipping

☆ Why student loan forgiveness remains a key issue for the Biden campaign
▼ + stars: | 2024-03-30 | by ( Katie Lobosco | ) edition.cnn.com time to read: +9 min

Still, the Biden campaign sees student debt forgiveness as a winning issue. The administration is working on developing another student loan forgiveness program, relying on a different legal authority this time. Student debt policy has come a long wayStill, student loan borrower advocates agree that forgiveness for nearly 4 million people is worth acknowledging. Before the 2016 presidential campaign, broad student debt cancellation was not an issue that candidates usually campaigned on. Cole also served on the Department of Education’s rulemaking committee tasked with developing the new student loan forgiveness program.

Persons: Joe Biden, Biden, It’s, –, ”, Braxton Brewington, “, ” Biden, Donald Trump, Trump, we’ll, it’s Joe Biden, Seth Schuster, Trump Democratic Sen, Elizabeth Warren –, Betsy DeVos, “ Joe Biden, ” Warren, DeVos, he’s, The Trump, it’s, There’s, that’s, Brewington, Wisdom Cole, Cole, Jill Biden’s, ” Cole, Warren, CNN’s Ariel Edwards, Levy Organizations: Washington CNN, Supreme, Republican, Biden, Trump Democratic, CNN, Education Department, Corinthian Colleges, The, PSLF, Department of Education, NAACP Youth & College Division, Department, Education’s, State, Union, Black, KFF, NAACP Locations: California, United States, Massachusetts

Tottenham moved to fourth place, level on points with Aston Villa, which hosted Wolves later. Palmer's brace at Stamford Bridge could help Chelsea only draw 2-2 with 10-man Burnley. Chelsea was wasteful in the first half and had a goal ruled out after 20 minutes. The Blues took the lead from the spot when Palmer scored with a Panenka kick, chipping the ball down the middle. In a spectacular game that was goalless at the break, Sheffield United and Fulham drew 3-3 after the host blew a 3-1 lead.

Persons: Son Heung, Tahith Chong, Issa Kabore, Timo Werner, Kabore, PALMER’S PANENKA, Cole Palmer, Palmer, Mykhailo Mudryk, Vincent Kompany fuming, Kompany, Lorenz Assignon, Josh Cullen volleyed, Raheem Sterling’s backheel, Dara O’Shea, Djordje Petrovic, James ’, Harvey Barnes, Lukasz Fabianski, “, ” Barnes, “ It’s, I’ve, Alexander Isak, Mohammed Kudus, Michail Antonio, Jarrod Bowen, Crystal Organizations: Tottenham, Luton, English Premier League, Aston Villa, Spurs, South, Wolves, Manchester City, Arsenal, Liverpool, Brighton, LETHARGIC SPURS Tottenham, PALMER’S PANENKA Chelsea, Premier League, Stamford, Chelsea, Burnley, Blues, Newcastle, West, Sheffield United, Fulham, Nottingham Forest Locations: South Korea, West Ham, St, London, Newcastle

☆ A pro golfer almost hit a fan in the head with his shot. The lucky escapee caught the ‘scary’ moment on camera
▼ + stars: | 2024-03-18 | by ( Ben Morse | ) edition.cnn.com time to read: +3 min

CNN —As a golf fan watching at a tournament, you have the privilege of being up close to all the action. Then things turned sour on the 14th hole for the 33-year-old American golfer. With the 33-year-old’s progress towards the hole impeded by foliage, Homa was forced to attempt a relief shot back onto the fairway. However, when he did eventually attempt his third shot, Homa’s ball came within inches of hitting a fan, who was filming the golfer. Homa eventually struggled to a quadruple-bogey nine on the par-four 14th hole, ruling him out of contention for the tournament.

Persons: Max Homa, Homa, Jared C, Tilton, ”, ” Homa, X, “ Organizations: CNN, TPC Locations: Homa

☆ Western militaries need to start figuring out how to fight long and bloody attritional wars like Ukraine, former Army officer warns
▼ + stars: | 2024-03-18 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

Western militaries aren't ready to fight wars of attrition like the Ukraine war, a former Army officer argues. Western militaries haven't been preparing for that type of fighting, and it may need a change in strategy, resource management, and training. AdvertisementVershinin noted that Western militaries have long seen attritional conflicts as exceptions to be avoided at all costs in favor of the shorter, maneuver-focused clashes. A Ukrainian soldier loads a machine gun inside a trench amid Russia and Ukraine war in Donetsk Oblast, Ukraine on August 17, 2023. According to Vershinin, Western forces could face personnel issues, as their NATO armies value professional and experienced non-commissioned officers (NCOs) and troops that, if taken out of battle, aren't easily replaceable.

Persons: —, haven't, Alex Vershinin, Vershinin, Ignacio Marin, Volodymyr Zelenskyy, Valery Zaluzhny Organizations: Army, Service, US, Royal United Services Institute, NATO, Anadolu Agency, Getty, West, US Army, Archer Artillery, Roman Locations: Ukraine, China, Kyiv, Ukrainian, Russia, Donetsk Oblast, Vershinin, Soviet

WASHINGTON (AP) — President Joe Biden's campaign has amassed $155 million in cash on hand for the 2024 election, far exceeding the in-hand total for his Republican opponent, Donald Trump. The president raised $53 million alone last month, which was the strongest grassroots fundraising month since the campaign launched, according to campaign officials. Biden's cash on hand total is the highest amassed by any Democratic candidate in history during this point in the campaign, the campaign said. Emails to Biden supporters that focused on concerns over Trump helped drive up support last month. “Our grassroots supporters know that the stakes of this year could not be higher, and they’re chipping in like our democracy is on the line — because it is.”

Persons: Joe Biden's, Donald Trump, Biden, Barack Obama, Bill Clinton, “ We’ve, ”, Trump's, Joe Biden, Jaime Harrison Organizations: WASHINGTON, Republican, Biden, Trump, Democratic, RNC, Democratic National Committee Locations: New York, Wisconsin

☆ Biden campaign has amassed $155 million in cash on hand for 2024 campaign and raised $53 million just in the last month
▼ + stars: | 2024-03-17 | by ( ) www.cnbc.com time to read: +2 min

US President Joe Biden during a bilateral meeting with UK Prime Minister Rishi Sunak in the Oval Office at the White House on June 8, 2023 in Washington, DC. President Joe Biden's campaign has amassed $155 million in cash on hand for the 2024 election, far exceeding the in-hand total for his Republican opponent, Donald Trump. The president raised $53 million alone last month, which was the strongest grassroots fundraising month since the campaign launched, according to campaign officials. Biden's cash on hand total is the highest amassed by any Democratic candidate in history during this point in the campaign, the campaign said. Emails to Biden supporters that focused on concerns over Trump helped drive up support last month.

Persons: Joe Biden, Rishi Sunak, Joe Biden's, Donald Trump, Biden, Barack Obama, Bill Clinton, We've, Trump's, Jaime Harrison Organizations: UK, White House, Republican, Biden, Trump, Democratic, RNC, Democratic National Committee Locations: Washington , DC, New York, Wisconsin

☆ It's not just you. Eggshells really are chipping more.
▼ + stars: | 2024-03-01 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +4 min

There's actually a reason — and it has to do with the same avian flu outbreak that made eggs so expensive last year. AdvertisementLast year, egg prices went through the roof, with prices more than doubling in certain US states. Because so many chickens died from the flu, egg producers had to adapt. The good news is that egg prices have normalized, thankfully (although they're still more expensive than 2019). That means the worst of the flu outbreak is over, and production is back up.

Persons: —, I've, I'd, It's, they'd, Sheila Purdum, Purdum, it's, Kevin Harvatine, they're Organizations: Service, University of Nebraska, Influenza, of Animal Science, Penn State University Locations: Lincoln

☆ Nearly 1 in 4 Americans with debt are putting less money toward credit card payments: 'People are really struggling'
▼ + stars: | 2024-02-22 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +2 min

Total credit card debt in the U.S. has reached a record high — but people are putting less money toward paying it down. Americans collectively hold $1.13 trillion in credit card debt as of the end of December, according to the Federal Reserve Bank of New York's latest Household Debt and Credit Report. Debt holders say they put around $363 per month toward their credit card debt in 2023, slightly less than the $430 they paid monthly in 2022. How interest rates and inflation impact credit card debtOne reason people are contributing less is due to record-high credit card interest rates combined with elevated prices for everyday goods, says Matt Schulz, chief credit analyst at LendingTree. Making a plan to get out of credit card debt

Persons: Matt Schulz, Schulz, they've Organizations: Federal Reserve Bank of New, LendingTree Locations: U.S, New York, York

☆ Opinion | ‘The Trump Effect’: Lost Friends and a Jaundiced View of Humanity
▼ + stars: | 2024-02-19 | by ( ) www.nytimes.com time to read: +1 min

To the Editor:Re “They Were My Friends for Years. Trump Tore Us Apart,” by Art Cullen (Opinion guest essay, Feb. 8):I must thank Art Cullen for his beautifully rendered piece that speaks to one of the tragedies in the wake of the Trump presidency. This loss of friendship is a divide that is often forgotten in the wider lens of politics, reducing the Trump effect into red and blue states, Republicans and Democrats. Paul ThalerBronxTo the Editor:Art Cullen describes the loss of friends due to political differences between them. The left has a terrible inability to countenance differing viewpoints in my experience.

Persons: Trump Tore, Art Cullen, Cullen, Trump, Paul Thaler, “, it’s, Donald Trump Organizations: Years, Republicans, Trump

CNN —House Republicans were shocked by some of the recent high-profile retirements announced by their colleagues, which have included powerful committee chairs and rising stars inside the GOP. And on the Energy and Commerce Committee alone – a highly sought-after assignment – there are eight Republicans who are retiring. “So, yeah, I’m very worried about it.”Others, however, said the turnover is completely normal, especially since the House GOP has self-imposed term limits for chairs, which they argued allows them to inject new blood into the ranks. We probably need a few more retirements.”McCarthy – who resigned at the end of last year – suggested that was perhaps the goal of hard-liners like Good and GOP Rep. Matt Gaetz of Florida who voted to oust him. It’s just a number of things piling up,” said House Science Committee Chair Frank Lucas, reflecting on the retirements.

Persons: “ They’ve, we’re, ”, Ken Buck, Don Bacon of Nebraska, ” Bacon, Carlos Gimenez, Kevin McCarthy, “, it’s, –, Cathy McMorris Rodgers, Mike Gallagher of, Alejandro Mayorkas, Greg Pence, Pfluger, Tom Cole, I’ve, I’m, Bob Good, ” Good, ” McCarthy –, Matt Gaetz, Gaetz, ” McCarthy, Frank Lucas, Mark Green of, Debbie Lesko of, McCarthy, ” Lesko, can’t, Brian Fitzpatrick, Steve Womack, Donald, Trump, Kelly Armstrong of, ’, Erin Houchin, Patrick McHenry of, Chuck Fleischmann of Tennessee Organizations: CNN — House Republicans, CNN, GOP, Energy, impeaching Homeland, Commerce, Indiana, Republicans, Congress, Capitol, ”, House Homeland Security Committee, Representatives, Financial Locations: Ken Buck of Colorado, Carlos Gimenez of Florida, Washington, China, Mike Gallagher of Wisconsin, Texas, Congress, Florida, Mark Green of Tennessee, Debbie Lesko of Arizona, Pennsylvania, Arkansas, New York, Kelly Armstrong of North Dakota, Erin Houchin of Indiana, Patrick McHenry of North Carolina

☆ Analysis-Indonesia's Prabowo Poised for Power, but How Will He Rule?
▼ + stars: | 2024-02-14 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +5 min

One major question is how well, and for how long, his alliance with outgoing President Joko Widodo, or "Jokowi", will hold. On the campaign trail Prabowo has promised policy "continuity", but analysts say that is far from guaranteed. "Make no mistake a President Prabowo would be his own president." 'UNCERTAINTY' ON THE CARDSIn contrast to Jokowi, Prabowo is from an elite family, the son of a prominent Indonesian economist and the ex-son-law of the country's former authoritarian ruler, Suharto. Once his victory is officially endorsed, Prabowo will assume the controls of Southeast Asia's biggest economy on October 20.

Persons: Kate Lamb JAKARTA, Prabowo Subianto, Prabowo, Long, general's, Joko Widodo, Liam Gammon, Jokowi, Doug Ramage, Gibran Rakabuming Raka, Indonesia's, Kevin O'Rourke, Suharto, “, He's, ANU's Gammon, Gammon, Kay Johnson, Raju Gopalakrishnan Organizations: Defence, Australian National University, ANU, Jokowi, Analysts, Human Rights Watch Locations: Indonesia, Prabowo, BowerGroupAsia, Indonesian, Ukraine, Qatar

☆ Well, this could be what finally kills cable TV
▼ + stars: | 2024-02-06 | by ( Nathan Mcalone | ) www.businessinsider.com time to read: +3 min

It could end up killing cable TV. That said, it really seems like this new service will include all the major sports offerings on cable TV. Cord cutting has been gradually chipping away at the cable TV ecosystem for years. AdvertisementBut don't cry too much yet for the cable TV companies. Last year, in a dispute with Disney, Charter, one of the biggest cable companies in the US, called the cable TV model broken and said it was willing to walk away entirely.

Persons: —, Price, it's Organizations: Disney, Fox, Warner Bros, ESPN, Service, ESPN2, ABC, FOX, TNT, TBS, truTV, CBS, NBC, NFL, Paramount, Netflix, CNN, Fox News, MSNBC, P Global Market Intelligence

☆ A German millennial who moved to NYC left behind a healthy work-life balance to 'hustle' 7 days a week. She has no regrets.
▼ + stars: | 2024-02-02 | by ( Maria Noyen | ) www.businessinsider.com time to read: +6 min

Lena Frechen, 27, moved to NYC from Cologne, Germany, in March 2022. Frechen now works seven days a week with only 10 days of PTO, but she has no regrets about moving. "'Oh my God, let's see what you think about New York,'" Frechen, 27, recalled him saying. NYC work culture isn't for everyone, but it is for 'entrepreneurs,' she saysFrechen only realized she'd adapted to her new work-life balance on her first birthday in NYC. Courtesy of Lena FrechenAccording to Frechen, NYC is perfect for entrepreneurs, which she didn't know she wanted to be until she moved.

Persons: Lena Frechen, Frechen, —, might've, wasn't, it's, Lena Frechen It's, I'm, we're, she's, Black Organizations: Service Locations: Cologne, Germany, New York, Manhattan, NYC, Frechen, Brooklyn, York

PEBBLE BEACH, Calif. (AP) — Patrick Cantlay has spent about as much time on the phone as the golf course this week as a PGA Tour board member trying to nail down a deal for a $3 billion investment. It didn't seem to affect his day job at the AT&T Pebble Beach Pro-Am. Torrey Pines winner Matthieu Pavon had the best round at Pebble Beach, closing with four birdies over the last five holes for a 65. He became the first amateur in 33 years to win on the PGA Tour two weeks ago. In his pro debut, Dunlap opened with a 76 at Pebble Beach.

Persons: — Patrick Cantlay, Cantlay, Thomas Detry, Detry, Matthieu Pavon, Rory McIlroy, LIV, McIlroy, “, ” McIlroy, ” Detry, ” Cantlay, LIV Golf, Rickie Fowler, Rory, ”, ” Fowler, Nick Dunlap, Dunlap Organizations: Tour, Torrey Pines, PGA Tour, Hollywood, NFL, Saudi, Strategic Sports Group, SSG, Public Investment Fund, American Express, U.S, Amateur, PGA Locations: Calif, Spyglass, Belgium, Saudi, Pebble

☆ Earnings season is like 'March Madness' for options traders. Here are some basic strategies
▼ + stars: | 2024-01-29 | by ( Zev Fima | ) www.cnbc.com time to read: +22 min

Say the premium is $2 on that $195 strike heading into earnings and I am sitting on 100 shares (remember every options contract represents 100 shares). If, however, shares hit the $195 strike, then I am, as the seller of that option contract, obligated to sell my shares at $195. To implement this strategy, you would sell a put at a higher strike price and then purchase another put as insurance at a lower strike price. In this case, we would be laying out $2 (paying $3 to buy the $195 strike and collecting $1 by selling the $190 strike). There are two high-level factors that determine an options price, intrinsic value and time value.

Persons: Jim Cramer's, It's, we'll, you'll, I've, it's, they're, we're, we've, We've, Jim Cramer, Steve Jobs, Tim Cook, Vega, Jim, Spencer Platt Organizations: CNBC, Jim Cramer's Charitable Trust, Club, Nvidia, New York Stock Exchange, Getty Locations: Delta, New York City

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