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☆ Chinese ships spend record amount of time near Japan-controlled islands, Tokyo says
▼ + stars: | 2024-05-29 | by ( Brad Lendon | ) edition.cnn.com time to read: +5 min

The Japanese government chief spokesperson did not say how often Chinese ships entered Japan’s territorial waters, though foreign ships are allowed “innocent passage” through such waters. A contiguous zone extends another 12 nautical miles beyond a country’s territorial waters, the area that stretches 12 nautical miles from the shore. Foreign warships are allowed into contiguous zone waters – so the Chinese Coast Guard hasn’t broken any international agreements – but the continuous presence of the Chinese vessels there is seen as a provocation. It has frequently dispatched China Coast Guard and other government vessels to the waters around the islands to assert those claims. Hayashi, the Japanese government spokesperson, said Monday that Tokyo is answering the Chinese presence around the islands with vessels of its own.

Persons: Tokyo’s, “, Yoshimasa Hayashi, Hayashi, Fumio Kishida, Li Gongmin, ”, ” James Brown, ” Hayashi, Lai Ching, China’s, Thomas, Ferdinand Marcos Jr, Thomas Shoal, CNN’s Himari Semans Organizations: South Korea CNN, China Coast Guard, East China, Chinese Coast Guard, Ministry, Temple University, CNN, Coast Guard, Communist Party Locations: Seoul, South Korea, East, Japan, China, Tokyo, Japanese, China’s, Beijing, United States, Washington, Taiwan, Philippines, South China, Philippine, Singapore

☆ Chinese travelers are opting for lower-cost domestic destinations over foreign tourist spots
▼ + stars: | 2024-05-29 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +3 min

Nurphoto | Nurphoto | Getty ImagesBEIJING — Chinese travelers are increasingly opting for cheaper domestic destinations over foreign tourist spots. The top reason for preferring their home country was "abundant domestic travel options," the survey found, followed by "too costly" international travel. Local tourism has been a bright spot in China's recovery from Covid-19 controls that ended in late 2022. watch nowDuring a public holiday this year from May 1 to May 5, domestic tourism trips and revenue surged versus pre-pandemic levels in 2019, official data showed. Local authorities said performing arts subsidies from the local governments helped generate 48.3 million yuan in ticket sales to 230,000 people, stimulating about 460 million yuan in economic activity.

Persons: Oliver Wyman, Trip.com, Ashley Dudarenok, Ashley Dudarenok ChoZan Organizations: Nurphoto, Getty, International, CNBC, China Locations: China's Guizhou province, BEIJING, China, Hong Kong, Japan, Covid, Yangzhou, Luoyang, Qinhuangdao, Guilin, Zibo, U.S, Xi'an, Guangxi, Nanjing

☆ South Africa election 2024: Polls open in what could be most closely contested election since the end of apartheid
▼ + stars: | 2024-05-29 | by ( Sarah Dean | ) edition.cnn.com time to read: +3 min

Johannesburg, South Africa CNN —Millions of South Africans are voting in what is expected to be the most pivotal general election since the end of apartheid. While polling can be challenging in South Africa, most analysts believe that the ANC faces its stiffest challenge yet with a population deeply frustrated by the country’s direction. SOUTH AFRICA GENERAL ELECTION 101 South Africa uses a “proportional representation” system. South Africa is the most unequal country in the world, according to the World Bank. This is the seventh general election South Africa has held since the end of white minority rule 30 years ago.

Persons: Nelson Mandela, Cyril Ramaphosa, ” Ramaphosa, Anders Pettersson, Jacob Zuma’s uMkhonto, Zuma, “, ”, John Steenhuisen Organizations: South Africa CNN, National Congress, ANC, SOUTH, Independent Electoral, South, World Bank . Citizens, Workers, African National Congress, Fighters, Jacob Zuma’s uMkhonto weSizwe Party, Democratic Alliance, Party Locations: Johannesburg, South Africa, SOUTH AFRICA, Africa, Alexandra Township, Benoni

☆ Judgment day looms for Donald Trump in New York
▼ + stars: | 2024-05-29 | by ( Stephen Collinson | ) edition.cnn.com time to read: +12 min

CNN —Donald Trump, who built a mystique as the brash epitome of power, has never been more powerless to dictate his own fate. In order to convict Trump, jurors must first decide that he falsified financial documents and did so with the express purpose of committing another crime. That was evidenced, today by the Biden campaign themselves holding a rally here,” Don Trump Jr. said. “You cannot convict President Trump,” Blanche said, before repeating himself for emphasis while impressing on the jury the gravity of the historic deliberation that lies before them. “You may say, who cares if Mr. Trump slept with a porn star 10 years before the 2016 election?

Persons: Donald Trump, Judge Juan Merchan, “, Joshua Steinglass, Stormy Daniels, Trump, Daniels, Todd Blanche, Michael Cohen, ”, Blanche, there’s, Joe Biden, Robert De Niro, Biden, —, Don Jr, Eric, ” Don Trump Jr, it’s, Pop Michael Jackson, That’s, Trump’s, Michael Cohen Trump, histrionics, ” Blanche, Cohen, Steinglass Organizations: CNN, Prosecutors, Trump, Hollywood, Capitol, Biden, GOP Locations: New York City, York, New York

☆ Can South Africa’s Opposition Parties Break Through?
▼ + stars: | 2024-05-29 | by ( John Eligon | ) www.nytimes.com time to read: +2 min

Papi Mazibuko, a 50-year-old library assistant, decided it was time to switch teams and vote for the Democratic Alliance, the leading opposition party in the national elections in South Africa on Wednesday. The neighboring municipality, run by the Democratic Alliance, had a good record of delivering basic utilities. South Africa’s opposition has long failed to inspire voters, political analysts say. will fall below 50 percent of the national vote. A record 51 opposition parties on the national ballot are trying to sell South Africans on the idea that the country would be better off without the A.N.C.

Persons: Papi Mazibuko, Mazibuko, John Steenhuisen, ”, Andile Organizations: Democratic Alliance, African National Congress, Fighters Locations: South Africa, Evaton, Johannesburg

☆ A software engineer worked at Tesla, SAP, and Salesforce. Here's how he negotiated his salary, including a $520,000 Meta offer.
▼ + stars: | 2024-05-29 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +5 min

He was offered $150,000 a year for a base salary, restricted stock units, and an annual bonus. AdvertisementSalesforceHe moved to Salesforce, joining in a slightly more senior software role from his last role at SAP. His base salary was about $150,000, stocks would amount to $17,500 per year, and his annual bonus was $15,000. AdvertisementThe new role moved him from software engineer to senior software engineer. Business Insider has verified his offer letters, employment history, and Meta compensation.

Persons: —, Hemant Pandey, I've, Tesla Pandey, Tesla, Pandey, Salesforce, hadn't, there's, it's Organizations: Service, SAP, Meta, Business, Salesforce, LinkedIn, Menlo Locations: Salesforce

☆ Saudi Arabia Eyes a Future Beyond Oil
▼ + stars: | 2024-05-29 | by ( Stanley Reed | ) www.nytimes.com time to read: +1 min

At a two-hour drive from Riyadh, Saudi Arabia’s capital, rows of solar panels extend to the horizon like waves on an ocean. Looking out over 3.3 million panels, covering 14 square miles of desert, Faisal Al Omari, chief executive of a recently completed solar project called Sudair, said he would tell his children and grandchildren about contributing to Saudi Arabia’s energy transition. Although petroleum production retains a crucial role in the Saudi economy, the kingdom is putting its chips on other forms of energy. Sudair, which can light up 185,000 homes, is the first of what could be many giant projects intended to raise output from renewable energy sources like solar and wind to around 50 percent by 2030. Currently, renewable energy accounts for a negligible amount of Saudi electricity generation.

Persons: Faisal Al Omari, I’m, ”, Karim Elgendy Organizations: Middle East Institute Locations: Riyadh, Saudi, Washington

☆ Can Nvidia's astronomical growth last? One outperforming fund manager weighs in
▼ + stars: | 2024-05-29 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

For many investors, the million-dollar question is how far Nvidia can go or whether it can sustain its dramatic growth. Nick Griffin, chief investment officer at Munro Partners, has invested in Nvidia since 2019 — but even he is taken aback by the stock's astronomical run so far. Nvidia's outlook Griffin pointed to industry estimates that showed Nvidia is set to sell $100 billion of its AI accelerators in the next 12 months. Nvidia is currently the largest holding in Griffin's Munro Global Growth fund. Griffin also manages the Munro Concentrated Global Growth Fund and the Munro Global Growth Small and Mid Cap Fund.

Persons: Nick Griffin, CNBC's, Griffin, we've, there's, Munro Organizations: Nvidia, Munro Partners, Griffin's, Griffin's Munro Global, Fund Locations: Griffin's Munro

☆ Ancient Skull With Brain Cancer Preserves Clues to Egyptian Medicine
▼ + stars: | 2024-05-29 | by ( Jordan Pearson | ) www.nytimes.com time to read: +1 min

Fluctuating disease rates, innovative treatments and talk of “moonshots” in the White House may make cancer seem like a modern scourge. But a new discovery highlights how humans dealt with the illness and hunted for cures as far back as the time of the ancient Egyptians. Scientists led by Edgard Camarós, a paleopathologist at the University of Santiago de Compostela in Spain were studying an approximately 4,600-year-old Egyptian skull when they found signs of brain cancer and its treatment. This discovery, reported in a study published Wednesday in the journal Frontiers in Medicine, suggests that ancient Egyptians studied brain cancer using surgery. If the cuts were made while the person was alive, they may have even attempted to treat it.

Persons: Edgard Camarós, ”, Camarós, Tatiana Tondini, Albert Isidro Organizations: University of Santiago, University of Tübingen, University Hospital Sagrat Locations: University of Santiago de Compostela, Spain, Germany, Medicine

☆ Veteran shares his harrowing bear attack survival story
▼ + stars: | 2024-05-28 | by ( Marnie Hunter | ) edition.cnn.com time to read: +6 min

I never let go of the bear spray can,” Burke wrote in the post. He interlaced his fingers behind his neck with the bear spray canister caught in one of his fingers,” NPS said via email. “I recorded a short video telling my people that I loved them.”A photo provided by the National Park Service shows the airlift operation. “The number one thing that kept me alive during the attack was reading and understanding what to do in the event of a bear attack and being prepared with the bear spray,” he said in his post. • Carry bear spray, know how to use it, and keep it readily accessible.

Persons: CNN — Shayne Patrick Burke, Burke, “, ”, ” Burke, “ I’ve, Chloe Organizations: CNN, grizzlies, National Park Service, Army, NPS, Teton Interagency Dispatch Center, John’s Locations: Wyoming, Grand Teton, South Hadley , Massachusetts, Massachusetts, Teton, St

Defense attorney Todd Blanche will present first Tuesday morning with closing arguments expected to take 2.5 to 3 hours, a person familiar tells CNN. Essentially, Trump’s lawyers do not want the lead prosecutor to have another crack at the jury before they retire to deliberate. What they are expected to say today: In their closing, Trump’s team will revisit many of the arguments they made at trial — that allegedly falsified documents were not falsified because Michael Cohen was working as a lawyer to President Trump in 2017, according to the person familiar. They will also argue that if documents were falsified, it was Cohen who falsified them by lying about how much he was owed, according to the source. The Trump team does not feel that Robert Costello’s disastrous appearance on the witness stand last week will ultimately hurt their case or their arguments about Cohen.

Persons: Todd Blanche, Joshua Steinglass, Michael Cohen, Trump, Cohen, Allen Weisselberg, Trump's, The, Robert Costello’s Organizations: CNN, Trump, Lawyers, The Trump

☆ The double-level airplane seat is back. This time, there’s a first-class version
▼ + stars: | 2024-05-28 | by ( Francesca Street | ) edition.cnn.com time to read: +12 min

He’s spent his twenties – all five years of them so far – perfecting his vision for economy class dual-level seating. At 6 feet 2 inches (1.88 meters), Núñez Vicente was used to cramped airplane journeys in which he struggled for legroom and struggled to sleep. He imagines the Chaise Longue seats in the middle of each cabin, flanked by regular seating on either side. Testing out the conceptHere's the lower level of the business-class/first-class version of the dual-level seat concept. Here's Núñez Vicente demonstrating what it's like to lie flat in the lower level seat.

Persons: Germany CNN —, Alejandro Núñez Vicente, He’s, he’s, Núñez Vicente, ”, “, Francesca, Steve Jobs, Núñez Vicente won’t, Clara Service Soto, – they’re, Recaro, Safran, Longue, Tapis –, Nunez Vicente, Service Soto, It’s, Francesca Street, you’re, Here's Núñez Vicente, you’d, There’s, Clara, CNN “, ” Núñez Vicente, Vicente, he’ll Organizations: CNN, Germany CNN, CNN Travel, Aircraft, CNN Travel exclusives, Service, legroom, Singapore Airlines ’, AIX, Clara Service Locations: Hamburg, Germany, ”, –, Emirates

☆ Don't get creative with your resume, says ex-Nvidia recruiter—color is 'a little gimmicky'
▼ + stars: | 2024-05-28 | by ( Gili Malinsky | ) www.cnbc.com time to read: +2 min

For instance, while the standard resume is written in black font, should you consider accent colors like green or purple? Overall, she says, when it comes to your resume, "make it boring," adding, "no colors, no charts, no graphs, no pictures." 'Nobody really wants a creative accountant'When it comes to a colorful font, experts agree it really depends on the industry you're in. Keep it to Arial, Times New Roman or Calibri, 11-point, black font on a white or cream-colored resume. If you've chosen a color other than black, try printing out your resume to see if it's legible before using it.

Persons: Stefanie Fackrell, Julie Bauke, you've, Octavia Goredema Organizations: Nvidia, Bauke, Times

☆ The Fed will have to raise rates if inflation strays from the target, says Stifel’s Lindsey Piegza
▼ + stars: | 2024-05-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed will have to raise rates if inflation strays from the target, says Stifel’s Lindsey PiegzaLindsey Piegza, Stifel chief economist, joins 'Squawk Box' to discuss Minneapolis Federal Reserve President Neel Kashkari's recent comment on rate hikes, her expectations from the Fed, and more.

Persons: Stifel’s Lindsey Piegza Lindsey Piegza, Neel Kashkari's Organizations: Minneapolis Federal

☆ I'm a professional declutterer. Here are 5 things from your bathroom you need to throw out.
▼ + stars: | 2024-05-28 | by ( Julia Williamson | ) www.businessinsider.com time to read: +4 min

As a professional decluttrer, here are five things I recommend you purge today. As for throwing things away, don't worry about waste; keeping something but not using it is the same as consigning it to the trash. AdvertisementSo much 'other' stuff ends up in the bathroomMany things find their way into the bathroom that are only tangentially connected to hygiene. Items like candles, toys, lint rollers, irons — all kinds of things find their way into the bathroom and refuse to leave. If you don't actually use it in the bathroom, there might be a better place to store it.

Persons: you've, bobby Organizations: Service, Business

☆ Glen Powell said he almost went broke waiting for 'Top Gun: Maverick' to debut because Tom Cruise didn't want it on a streamer. Then it made $1.5 billion.
▼ + stars: | 2024-05-28 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +3 min

Read previewGlen Powell said his bank account was "depleting" while he waited for "Top Gun: Maverick" to arrive in theaters after Tom Cruise delayed the sequel during the pandemic. In an interview published in The Hollywood Reporter last week, Powell said he landed in financial difficulty after Cruise refused to release "Maverick" on a streaming service. AdvertisementCruise had faith in the film, which is why he wanted to ensure its theatrical release. According to Box Office Mojo, "Top Gun: Maverick" raked in $1.495 billion worldwide. Powell saw similar success with a theatrical versus streaming release with the recent R-rated rom-com, "Anyone But You," featuring Sydney Sweeney.

Persons: —, Glen Powell, Tom Cruise, Jake, Cruise, Val Kilmer, Miles Teller, Jon Hamm, Powell, I'd, Tom, Sydney Sweeney, Syd Organizations: Service, Business, Hollywood, Office

CNN —After months of either ignoring or poking fun at former President Donald Trump’s criminal trial, the Biden campaign on Tuesday decided for the first time to stage a news conference about Trump’s record outside the courthouse where closing arguments were taking place. In their view, Trump’s trial would speak for itself, reintroducing the former president and the chaos that surrounds him to voters who may have tuned him out. “The entire news media is camped out here, day in and day out,” campaign communications director Michael Tyler said, explaining the choice to address reporters outside the lower Manhattan courthouse. Biden campaign officials are still grappling with the reality, this person said, that a substantial part of the population still doesn’t see that the choice on Election Day will be between Biden and Trump. “We knew Trump was out of control when he was president,” De Niro says over a shot of Trump behind the Resolute Desk.

Persons: Donald Trump’s, Biden, Robert De Niro, Trump, ” De Niro, That’s, Michael Tyler, De Niro, Michael Fanone, Harry Dunn, “, Donald Trump, United States —, ” Fanone, Jason Miller, Steven Cheung, Karoline Leavitt, Miller, ” Miller, Juan Merchan, ”, won’t, Harris, Niro, ” Dunn, We’ve, –, Biden’s, Aquilino Gonell, Danny Hodges, Dunn, Gonell, Hodges, CNN’s Kate Sullivan Organizations: CNN, White, Capitol, Trump, United, Top Trump, Biden, ”, Resolute, Metropolitan Police, US Capitol Police, Capitol Police, DC’s Metropolitan Police Department Locations: Manhattan, United States, White, —, Washington, DC

☆ Elon Musk runs successful companies. That doesn't mean he's doing it very well, HR experts say.
▼ + stars: | 2024-05-28 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +6 min

Advertisement"Desperate times call for desperate measures," Musk told CNBC's David Faber in May 2023. On top of Tesla and X, Musk also runs SpaceX, Neuralink, AI startup xAI, and an underground tunnel company. AdvertisementAt Tesla, Musk told his employees that he would personally approve all new hires, according to an email obtained by Business Insider. Musk is also known to have fired employees who disagreed with his decisions. AdvertisementOther former Twitter employees and executives have sued Musk, accusing him of unpaid severance pay.

Persons: —, Elon Musk, Tesla, Musk, CNBC's David Faber, Lex Fridman, Walter Isaacson, Musk's, Alec Levenson, " Levenson, Spencer Platt, that's, Weeks, Kali Hays, Levenson Organizations: Service, EV, Bloomberg, Twitter, Business, SpaceX, University of Southern California Marshall Center, Getty, New York Times, National Labor Relations, BI, NLRB, Musk's SpaceX, Twitter's Locations: York

☆ If Trump Is Convicted, How Will Biden’s Team Go on the Attack?
▼ + stars: | 2024-05-28 | by ( Reid J. Epstein | Nicholas Nehamas | ) www.nytimes.com time to read: +1 min

Normally, seeing your presidential opponent convicted of a felony would be a cause for celebration. At the same time, many Democrats are aghast at the idea that Mr. Trump could become a felon and the Biden campaign would not do everything in its power to remind voters of that fact. This tension will define the Democratic reaction if a Manhattan jury indeed convicts Mr. Trump in the coming days, an outcome that could land like a thunderbolt for the nation’s news media and political class. On Tuesday, the Biden campaign flashed its hand, holding a news conference outside the Manhattan courthouse where Mr. Trump is standing trial that featured Robert De Niro and two former U.S. Capitol Police officers. The Trump campaign was quick to accuse Mr. Biden of pulling a political stunt.

Persons: Biden’s, Donald J, Trump, Biden, Robert De Niro, Mr Organizations: North Star, U.S . Capitol Police Locations: New York, Manhattan

☆ Take profits or let it ride — undecided Nvidia investors should ask themselves 3 questions
▼ + stars: | 2024-05-28 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

Last week, we explored the question: Can investors with little to no shares still buy Nvidia after these record runs? We aren't saying run out and sell shares right now if you are sitting on huge paper profits. Through the years, Nvidia shares have hit pockets of turbulence. This Nvidia run is being driven by investments into AI infrastructure. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Jensen Huang, Jensen, Jim Cramer, It's, Nvidia —, We've, Eaton, we've, Jim Cramer's, Jim, David Paul Morris Organizations: Nvidia, Devices, Intel, Blackwell, Club, Apple, Broadcom, CNBC, Nvidia Corp, Technology Conference, Bloomberg, Getty Locations: overbought, San Jose , California

☆ Opinion: Trump trial verdict now hinges on these three questions
▼ + stars: | 2024-05-28 | by ( Opinion Norman Eisen | ) edition.cnn.com time to read: +9 min

CNN —On Tuesday, we at last came to closing arguments in the Manhattan criminal trial of former President Donald Trump after 20 days of trial, testimony from 22 witnesses and over 200 exhibits. Were the 34 allegedly false records actually false? The first pivot point is whether the 34 business records at the heart of the case actually contain false information. And Steinglass pushed back on Blanche’s emphasis on the much-discussed October 24, 2016, Cohen call to Trump’s bodyguard, Keith Schiller. Indeed, Blanche continued, Trump repeatedly disclosed the reimbursement — including on Twitter, a 1099 form to the IRS and a federal financial disclosure form.

Persons: Donald Trump, Todd Blanche, Joshua Steinglass, Trump, Stormy Daniels, Michael Cohen, Blanche, Daniels, ”, Norm Eisen, Madame Tussaud’s, Cohen, Steinglass, Keith Schiller, Schiller, Allen Weisselberg, “, ” Steinglass, …, ” Blanche, Hope Hicks, Madeline Westerhout, Cohen — Organizations: CNN, Trump, Trump Foundation, Trump Organization, Twitter, IRS, New, White House, Facebook Locations: Manhattan, New York

☆ Rafael Nadal says playing Wimbledon is ‘not a good idea’ as he looks to prioritize Paris Olympics
▼ + stars: | 2024-05-28 | by ( Matias Grez | ) edition.cnn.com time to read: +3 min

CNN —Rafael Nadal has cast further doubt on his participation at Wimbledon this year, saying it is “not a good idea” as he looks to prioritize the Summer Olympics on the Roland Garros clay. Wimbledon gets underway on July 1, with the Olympic tennis tournament starting less than a month later on July 27. “It looks difficult,” Nadal, who won singles gold at Beijing 2008, said of his Wimbledon prospects. I think tomorrow I will be ready to play again if I had to – but I will not have to,” he laughed. “I need to clear my ideas now and see what the new calendar is for me to be ready for the Olympics.

Persons: CNN — Rafael Nadal, Roland, Alexander Zverev, ” Nadal, Carlos Alcaraz, Nadal, Zverev, Roland Garros, Behrouz Mehri, ”, “ Organizations: CNN, Wimbledon, Olympic, Beijing, Paris, Getty Locations: AFP

☆ A bearish options trade on a beer stock that's breaking down
▼ + stars: | 2024-05-28 | by ( Nishant Pant | ) www.cnbc.com time to read: +3 min

When the DI+ is above the DI-, the stock is considered to be in an uptrend. Conversely, when the DI- is above the DI+, the stock is in a downtrend. The trade: Bear put spread Most trading platforms will offer a bear put spread (or long put spread) as a trade type and automatically construct the trade for you. If SAM’s stock price starts rising against my directional bias, I would want to cap my losses at 50% of my investment (i.e., $250). THIS CONTENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSITUTE FINANCIAL, INVESTMENT, TAX OR LEGAL ADVICE OR A RECOMMENDATION TO BUY ANY SECURITY OR OTHER FINANCIAL ASSET.

Persons: Bear, Nishant Pant Organizations: Boston Beer, RSI

☆ I used to hate when people brought their kids to happy hour. Now that I'm a parent, I do it all the time.
▼ + stars: | 2024-05-28 | by ( Elliott Harrell | ) www.businessinsider.com time to read: +4 min

There's a long standing debate about whether people should take their kids to a bar or if they should leave them at home. Pre-kids, I believed kids should stay homeI used to be in the camp that kids should stay home and that bars should just be for adults. Elliott Harrell didn't understand why parents brought their kids to happy hour until she had her own kids. Courtesy Elliott HarrellI try to pick spots where my kids will disrupt patrons the leastEven though I support parents taking kids to bars, I do think that parents should consider which spots will be better for kids. Taking our kids to happy hour is a way for us to get a change of scenery and be social without having the struggle of finding a babysitter.

Persons: we've, —, There's, they'll, aren't, They're, doesn't, Elliott Harrell, I'm Organizations: Service, Business Locations: margarita

☆ Vivek Ramaswamy has a plan for BuzzFeed. There's just one problem.
▼ + stars: | 2024-05-28 | by ( Peter Kafka | ) www.businessinsider.com time to read: +4 min

Former Republican presidential candidate Vivek Ramaswamy announced last week he had been buying up shares in BuzzFeed. Which led to the obvious question: Why is Vivek Ramaswamy buying up shares in BuzzFeed? Related storiesHe's laid it out in a letter to BuzzFeed's board, but if you're in a hurry I can summarize it for you: Ramaswamy wants BuzzFeed to pull an Elon Musk. Another option would be for Ramaswamy to play this out a while longer and watch BuzzFeed shares shoot up based on his saber-rattling. BuzzFeed shares closed at $3 today, up 20% from May 22, when Ramaswamy first disclosed his stake.

Persons: Vivek Ramaswamy, Ramaswamy, BuzzFeed —, Elon, Musk, Tucker Carlson, Bill Maher, There's, Jonah Peretti, Peretti, Donald, he's Organizations: Service, Republican, Twitter Locations: BuzzFeed, MAGA

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