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☆ An influencer got a $4,980 Gucci bag. Then, she intentionally tried to destroy it.
▼ + stars: | 2024-05-13 | by ( Amanda Krause | ) www.businessinsider.com time to read: +3 min

Read previewInfluencer Victoria Paris unboxed a shining new Gucci bag in a TikTok video on April 1. Nearly a month later, on April 30, she shared a video of herself throwing that same designer bag against wooden stairs. one person commented on a reposted clip of Paris throwing her bag. @andiwashington_ Charms on bags love love love ❤️ accessorize my vintage bag with me ♬ original sound - Andi Washington 🐬💗✨Then there's Mary-Kate and Ashley Olsen. AdvertisementTikTokers recently noticed that Hermès bags carried by the famous twins are far from pristine.

Persons: —, Olsen, Jane Birkining, Jackie, TikTokers, Paris, I'm, Jane Birkin, Birkin, Jean, Louis Dumas, Jun Sato, Gucci, Andi Washington 🐬💗 Organizations: Service, Paris, Business Locations: Paris

☆ How to generate some return on Costco after a nice rally, without having to sell the stake
▼ + stars: | 2024-05-13 | by ( Michael Khouw | ) www.cnbc.com time to read: +8 min

How I think about Jim Simons' legacy, and a trade on one of the most successful retailers, Costco, follows. First, a contrarian view in Costco: Costco (COST) is one of the best performing retailers over the past year. Last week, Costco released their four-week retail sales results for the period between Monday, April 8th and Sunday, May 5th. There is only one thing I don't like about Costco, the price. The weak form suggests past market prices, which are generally observable, are fully reflected in stock prices.

Persons: Jim Simons, that's, Jim, James Surowiecki, Francis Galton, Eugene Fama Organizations: Costco, Fund Locations: Costco, U.S, New York, Surowiecki

☆ A US Navy supply ship was run aground by a distracted junior officer after the ship's captain left to eat dinner, investigation reveals
▼ + stars: | 2024-05-13 | by ( Konstantin Toropin | ) www.businessinsider.com time to read: +4 min

Read previewA Navy supply ship was run aground by a junior officer off the coast of Bahrain shortly after the ship's master — or captain — left the bridge to eat dinner, an investigation revealed. The master took the ship there and then went to eat dinner, leaving the ship in the hands of a much more junior third officer. Less than 30 minutes later, the Alan Shepard was grounded on a shoal. An MH-60S Sea Hawk approaches the Lewis and Clark-class dry cargo and ammunition ship USNS Alan Shepard. Sailors aboard guided-missile destroyer USS Spruance hold the phone and distance line during a replenishment-at-sea with dry cargo ship USNS Alan Shepard.

Persons: —, Alan Shepard, Lewis, Clark, James Hong, Military.com, Alan Shepard's, Spruance, Taylor Crenshaw, Arleigh Burke, Andrew Langholf, Howard, Cmdr, Kenji Igawa Organizations: Service, Navy, Business, US Navy, US Coast Guard, Halsey Locations: Bahrain, Bali, Indonesia

☆ 3 reasons the dollar can't be dethroned as the world's dominant currency, according to Morgan Stanley
▼ + stars: | 2024-05-13 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +5 min

De-dollarization efforts won't do much to dethrone the dollar, Morgan Stanley said. There are no true alternatives to holding the US dollar at the moment, Morgan Stanley strategists said. AdvertisementThe dollar's status as the top currency of central banks and for international trade probably isn't fading soon, according to Morgan Stanley. "Now, reasonable people can disagree about whether cryptocurrencies are going to appreciate or depreciate, but I'd argue that the best outcome for a dominant currency is neither." Displacing a dominant currency is something that happens over the course of decades, economists previously told Business Insider, as it takes time for people to shift to other currencies once a dominant currency is recognized as "safe."

Persons: Morgan Stanley, —, James Lord, Michael Zezas, That's, Lord, there's, Zezas, Crypto, David Adams, Morgan Stanley's Organizations: Service, Rivals, greenback, Business Locations: Beijing, China

☆ Your home sale could trigger capital gains taxes. Here's how to calculate your bill
▼ + stars: | 2024-05-13 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +2 min

You can reduce your home sale profit by adding often-forgotten costs and fees to your basis, which minimizes your capital gains tax liability. For example, you can start by tacking on fees and closing costs from the purchase and sale of the home, according to the IRS. The average closing cost nationwide is $4,243, according to a report from Assurance, but fees vary widely. That includes your real estate commissions and closing costs. The 'best way' to reduce capital gains taxesYou can further increase your home's basis by tacking on the cost of eligible upgrades, experts say.

Persons: Thomas Scanlon, Raymond James, Scanlon, tacking, Paul Fenner Organizations: Westend61, tacking, Tamma Locations: Manchester , Connecticut, New York, California, Commerce Township , Michigan

☆ Three Inmates Agree to Plea Deal in Death of Whitey Bulger
▼ + stars: | 2024-05-13 | by ( Glenn Thrush | Serge F. Kovaleski | ) www.nytimes.com time to read: +1 min

Three fellow prison inmates charged in the brutal bludgeoning death of James (Whitey) Bulger, the wily and charismatic Boston gangster who had evaded a federal dragnet for 16 years, have agreed to a plea deal, according to a filing by federal prosecutors in West Virginia on Monday. Fotios Geas, Paul J. DeCologero and Sean McKinnon faced murder and conspiracy charges after Mr. Bulger, 89, was found beaten to death in his cell in 2018, just hours after being transferred from a Florida lockup where he had been serving two consecutive life sentences for his role in 11 murders. The details of the agreement were not disclosed. In a three-page motion, prosecutors said that the three men had agreed to “cooperate” with the government in preparing a report specifying the circumstances of Mr. Bulger’s killing at the Hazelton federal prison in Bruceton Mills, W.Va.Prison officials had quickly identified Mr. Geas as a suspect in the immediate aftermath of the attack. After a four-year investigation, prosecutors said Mr. DeCologero, a Boston-area gang leader, also took an active role in battering Mr. Bulger, while Mr. McKinnon served as a lookout.

Persons: James, Whitey, Bulger, Fotios Geas, Paul J, DeCologero, Sean McKinnon, Bulger’s, Geas, McKinnon Organizations: Boston Locations: West Virginia, Florida, Hazelton, Bruceton Mills, W.Va, Boston

☆ The Battle for The Streets of New York
▼ + stars: | 2024-05-13 | by ( Dodai Stewart | ) www.nytimes.com time to read: +11 min

New York City streets and sidewalks have always been crowded, but it’s never been like this. But lately, New York City streets are teetering between lively and unlivable. Karsten Moran for The New York Times“I think this could be the catalyst for a streets renaissance in New York,” Janette Sadik-Khan, New York City’s former transportation commissioner, said in a recent interview. New York City’s population reached 8.8 million in 2020, and the New York region is now home to nearly 19 million people. Use this form to tell us what you think about the state of New York City’s streets.

Persons: it’s, Karsten Moran, ” Janette Sadik, “, ”, Susan Lee, William Notman, Jon Orcutt, you’re, —, Henry Hale Bliss, Bliss, James Nevius, George Rinhart, Damon Winter, Sadik, Yorkers who’ve, Ms, Khan Organizations: New, Lexington, Verizon, FedEx, The New York Times, Broadway, Getty, Yorkers, Brooklyn baseball, Midtown, Bike New, city’s Department of Transportation, Park West, Times, New York Times, Cycling Locations: New York City, New York, Manhattan, , New York, York, York’s, Midtown —, Bike New York, United States, Holland, Jackson, Queens, Bogotá, Stockholm, London, Paris, Europe, —

☆ A Never-Before-Seen Interview With Roger Corman, Hollywood Legend
▼ + stars: | 2024-05-13 | by ( Graham Flanagan | ) www.businessinsider.com time to read: +2 min

Known as the "King of the B Movies," the legendary filmmaker Roger Corman died on May 9 at the age of 98. Corman specialized in making low-budget genre movies with titles like "The Wasp Woman," "Attack of the Crab Monsters," and "Teenage Caveman." Corman hired these directors in the early stages of their careers to helm low-budget features that the filmmakers have acknowledged as learning experiences they applied in their later larger-scale productions. In fact, many of these directors hired Corman in small acting roles in movies like "The Godfather Part II," (Coppola), "The Silence of the Lambs" (Demme), and "Apollo 13" (Ron Howard). In the interview, Corman shares myriad lessons learned while working in the film industry for more than 60 years.

Persons: Roger Corman, Corman, He's, Graham Flanagan, Jack Nicholson, Martin Scorsese, James Cameron, Francis Ford Coppola, Jonathan Demme, Coppola, Demme, Ron Howard Organizations: Lambs, Universal Pictures, Business Locations: Los Angeles

☆ How Mark Zuckerberg turned against the news
▼ + stars: | 2024-05-13 | by ( Kali Hays | ) www.businessinsider.com time to read: +13 min

Mark Zuckerberg held regular discussions in 2017 and early 2018 about how to make news on Facebook more trustworthy and reliable. "Giving people a voice is not enough without having people dedicated to uncovering new information and analyzing it," Zuckerberg wrote. Zuckerberg also considered a permanent subsidy through his philanthropy the Chan Zuckerberg Initiative. Murdoch and Zuckerberg's yearslong relationship, while never outright friendly, turned "tense, very tense," when Australia passed the NMBC, a person who worked with Zuckerberg said. When Canada passed a law similar to Australia's last year, Meta simply and decisively turned off news content on Facebook and Instagram.

Persons: Mark Zuckerberg, Donald Trump, Facebook's, Zuckerberg, He'd, Chan Zuckerberg, Tracy Clayton, it's, That's, Adam Mosseri, Mark, We're, Meta, Australia Zuckerberg, Rupert Murdoch, James Kennedy, Rod Sims, Murdoch, Lachlan, Zuckerberg's, Scott Morrison, Josh Frydenberg, Joel Kaplan, Campbell Brown, Frydenberg, I'm, Kali Hays Organizations: Facebook, Associated Press, Business, Meta, Google, News, News Corp, . News Corp, Fox, Cambridge, Capitol Locations: Meta, Canada, Australia, France, Germany, Myanmar, khays@businessinsider.com

☆ With Oscar Pistorius released on parole after serving nine years for murdering Reeva Steenkamp, her family still wants answers
▼ + stars: | 2024-05-12 | by ( Sam Joseph | ) edition.cnn.com time to read: +4 min

CNN's documentary examines the details leading to Reeva Steenkamp’s murder Rikki Hibbert Photography/Courtesy of StimuliiPistorius shot Steenkamp four times through the bathroom door of his house. Why did he do it?” Steenkamp’s mother, June, asked in the documentary. Very clever, and she was always laughing.”“She would have done amazing things,” said Tania Koen, CEO of the Reeva Steenkamp Foundation. The world was a better place with Reeva in it.”Pistorius, now 37 years old, was released on parole on January 5 this year. Steenkamp’s mother has been vocal in her criticism of his release and expressed her concern for the safety of other women.

Persons: Oscar Pistorius, Pistorius, Steenkamp, LeBron James, Leonardo DiCaprio, ”, Scott Roder, Jesse L, Martin, Steenkamp’s, Reeva, Rikki Hibbert, “, Tania Koen, ” Pistorius, Oscar, ” “ Oscar Pistorius Organizations: CNN, Games, South, Appeal, Reeva, “ Locations: South, Pretoria, South Africa, ”

☆ Jane Seymour is booked and busy defying ageism in Hollywood at 73
▼ + stars: | 2024-05-12 | by ( Lisa Respers France | ) edition.cnn.com time to read: +3 min

CNN —Ask Jane Seymour about her longevity as an actress and she can point to several things, including her willingness to take on a variety of roles. The show, which Seymour also executive produces, has humor as well as mystery and it’s a natural fit for the “Dr. There’s no too small a role.”And there’s no role too emotional for Seymour either. These days Seymour has found love with her boyfriend John Zambetti, who is a doctor and a musician. Now he says ‘Can we watch Dr. Quinn?’”Season 3 of “Harry Wild” premieres Monday on AcornTV.

Persons: Jane Seymour, “ I’m, Harry Wild ”, Harriet “ Harry ” Wild, Fergus, Rohan Nedd, Seymour, Quinn, ”, “, Harry, Glen Campbell, Alzheimer’s, “ Glen Campbell, James Keach, John Zambetti, She, Dr, James Bond, ’, “ He’d, Quinn ’ Organizations: CNN, Medicine Locations: Covid, AcornTV

☆ Ukraine's pilots are flying high-risk 'wild weasel' missions first developed in the Vietnam War by the USAF, says defense analyst
▼ + stars: | 2024-05-11 | by ( Cameron Manley | ) www.businessinsider.com time to read: +8 min

Eastern Ukraine, a Ukrainian Air Force MiG-29 Wild Weasel fires off an AGM-88 HARM towards a Russian radar. (Summer ‘22) pic.twitter.com/IOeu7hzUxW — OSINTtechnical (@Osinttechnical) February 8, 2024The US Air Force pioneered SEAD tactics in the Vietnam War. The term "wild weasel" originated from Project Wild Weasel. This US Air Force anti-SAM strategy used direct attacks to suppress enemy air defenses, according to the National Museum of the US Air Force. But, he added Ukraine's tactics "go far beyond the classic wild weasel missions of Anti-Radiation Missile equipped aircraft."

Persons: —, UkrAF Su, McDonnell Douglas, Stuart Lutz, Gado, Seaman Anthony N, Frederik Mertens, Mertens, William LaPlante, Justin Bronk, Bronk, Russian SAMs, James Hecker, Kajsa Ollongren, Putin Organizations: Service, Ukraine's, US Air Force, Radiation, Business, Ukrainian Air Force, Air, National Museum of, US Navy, US, U.S . Navy, Communication, Hague, Strategic Studies, Radiation Missile, Defense, Washington DC, Wild, Technology, Royal United Services Institute, Russian SAM, United States Air Forces, Air Force, Space, Rygge Air Force Base, OLE BERG, Getty, Dutch Defense Locations: Ukraine's Soviet, Eastern Ukraine, Russian, Ukraine, Ukrainian, treetop, Vietnam, Libya, Iraq, Yugoslavia, London, Europe, Romania, Norway, AFP, Netherlands, Vilnius, Denmark, Crimea, Kerch

☆ An American soldier went missing in the Korean War. How his late mother’s faith he’d come home has finally been realized
▼ + stars: | 2024-05-11 | by ( Kaila Nichols | Brammhi Balarajan | ) edition.cnn.com time to read: +6 min

With limited logistics and no hope of reinforcement, 30,000 UN soldiers faced over 120,000 Chinese troops in a battle considered one of the most brutal of the Korean War. A lack of proof and a mother’s faithSoon after the war, the opposing nations embarked on Operation Glory, a 1954 exchange of thousands of sets of remains of Korean War dead. Spruell’s name also was recorded, it said, at the cemetery’s Courts of the Missing, where the names of 8,210 Americans lost in the Korean War were listed when it was dedicated in 1966. But the brother rarely spoke of the young man last seen halfway around the world near the Chosin Reservoir, said another one of his children, Dennis Spruell. More recently, it called Dennis Spruell with the news.

Persons: Cpl, John Albert Spruell, 7th Infantry Division –, Spruell, Spruell’s, Pauline Sleeper, ”, –, Dennis Spruell, ” Dennis Spruell, “, Sleeper, Dennis ’, Donna Lee Bailey, John Spruell, John A, Bailey, “ he’s, Charles Haley, Spruell didn’t, Haley, James Bell, John Spruell’s, ” Bailey, son’s, “ They’re Organizations: CNN, UN, 57th Field Artillery Battalion, 7th Infantry Division, Army, Operation, 57th Field Artillery, US Defense Department’s Defense POW, Agency, Memorial, of, Defense POW, Punchbowl, Spruell Defense POW, Army Mortuary Locations: Cortez , Colorado, Hagaru, Colorado, Cortez, Korean, Honolulu, cemetery’s, Korea, Japan

☆ Why predicted gains for right-wing populists could make Europe vulnerable to attack
▼ + stars: | 2024-05-11 | by ( Luke Mcgee | ) edition.cnn.com time to read: +6 min

CNN —Right-wing populists are set to make unprecedented gains in the elections to the European Parliament taking place next month. Polling data suggests that far-right Members of the European Parliament (MEPs) could have enough seats to, together, block the passage of European Union legislation, creating a massive headache for the union as a whole. “For some countries, that is a six-month process, in others it can take two years,” a senior European Parliament source told CNN. Britain's Nigel Farage used his seat in the European Parliament to promote Brexit. It only becomes an issue if they are working with foreign powers to advance their agenda,” an EU security source told CNN.

Persons: Ursula von der Leyen, Yiannis Kourtoglou, Reuters “, ”, James Shires, you’ll, don’t, Britain's Nigel Farage, SEBASTIEN BOZON, it’s, — Organizations: CNN, Parliament, European, Reuters, “, Brexit, Getty, British, EU, Brussels Locations: Brussels, China, Russia, Strasbourg, AFP, Britain, Ukraine, EU, Europe

☆ This inflation-focused ETF may be in a sweet spot
▼ + stars: | 2024-05-11 | by ( Emily Glass | ) www.cnbc.com time to read: +2 min

But even if the Federal Reserve starts to cut this year, Horizon Kinetics' James Davolos thinks his firm's Inflation Beneficiaries ETF (INFL) is in a sweet spot. "We're actually going into the mature phase of inflation," the firm's portfolio manager Davolos told CNBC's "ETF Edge" this week. Horizon Kinetics created the Inflation Beneficiaries ETF in January 2021 as inflation started to rise after the Covid-19 pandemic quarantine. As of April 30, FactSet shows the Inflation Beneficiaries ETF's top holdings include Wheaton Precious Metals , PrairieSky Royalty and Viper Energy . As of Friday's close, the Inflation Beneficiaries ETF is up 30% since its inception.

Persons: James Davolos, We're, Davolos, CNBC's Organizations: Federal Reserve, Reserve, Wheaton Precious Metals, PrairieSky, Viper Energy

☆ 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

☆ Europe’s best long-distance hiking trails
▼ + stars: | 2024-05-10 | by ( Joe Minihane | ) edition.cnn.com time to read: +12 min

Slovenian Mountain Trail, SloveniaMountaineers climbing ridge on Triglav mountain, Slovenia. Enrique Ugarte/Moment RF/Getty ImagesIt’s no surprise that the Slovenia Mountain Trail has become so popular. Laugavegur Hiking Trail, IcelandInaccessible during winter, Iceland’s ethereal Laugavegur Hiking Trail opens between July and September, drawing in committed hikers from across the globe. The 55-kilometer (34-mile) route is best done over four days, giving time to tackle the challenging terrain and take in the views. Sheep’s Head Way, Cork, IrelandThe Sheep's Head Way explores Ireland's wild Atlantic coast.

Persons: It’s, Lapland’s Salla, King Charles III, Enrique Ugarte, John Muir, Muir, Muir’s, Mount Gamila, James, Alex Treadway, St James, Jean, Les Houches, Mont, Rota, Marc Guitard, marveling Organizations: CNN, Slovenia Mountaineers, Getty, Maribor, Triglav, National Parks ”, Sierra Club, Guinness, Hellas, Via Locations: Trail, Sweden, Hyssna’s, Gothenburg, Lilla Hålsjön, Finland Finnish Lapland, Finland, It’s, Hautajärvi, Lapland’s, Kuusamo, King Charles III England, England, Cornwall, Suffolk, Norfolk, Slovenia, Triglav, Ankaran, Adriatic, Julian, Scotland, Yosemite, United States, Helensburgh, Firth, Clyde, Dunbar, Forth, Loch Lomond, Mount, Zagoria, Greece, Mount Gamila, Apuseni, Romania, Europe, Camino Frances, France, Spain, Santiago, Santiago de Compostela, Galicia, Portugal, Camino, St, Pamplona, Leon, Sarria, Via Uno, Italy, Dobbiaco, Belluno, Passo Falzarego, Switzerland, it’s, Zernez, Blanc , France, Blanc, Les, Mont Blanc, Fishermen’s, Portuguese, Alentejo, Algarve, Iceland, Landmannalaugar, Brennisteinsalda, Hvanngil, Cork, Ireland, Bantry, Mizen

☆ Here are Friday's biggest analyst calls of the day: Nvidia, Tesla, Apple, 3M, Bumble, Nike, Walmart, Palantir & more
▼ + stars: | 2024-05-10 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Wedbush reiterates Apple as outperform Wedbush said it's standing by its outperform rating on shares of Apple . Bank of America reiterates Palantir as buy Bank of America said it's standing by its buy rating on shares of Palantir. Bank of America initiates Apogee Therapeutics at buy Bank of America said the biotech company has best-in-class potential. Bank of America upgrades Bumble to buy from neutral Bank of America sees "multiple expansion" for the dating app company. Bank of America reiterates Walmart as buy Bank of America said it's bullish heading into Walmart earnings on May 16.

Persons: Bernstein, Wedbush, Palantir, Wells, CRNC, Stifel, TD Cowen, Morgan Stanley, Raymond James, it's, Bumble, Lear, Tesla, Oppenheimer, Guggenheim Organizations: Nvidia, Citi, Cheesecake, Apple, Worldwide, " Bank of America, Bank of America, Mizuho, Apogee Therapeutics, Warner Brothers Discovery, HSBC, TPG, of America, Dominion, underperform Bank of America, Dominion Energy, Barclays, Nike, Walmart, Supercenters, Moffett Locations: WWDC, Palantir, OW, U.S

On Today’s Episode:White House Aide Warns Israel Against ‘Smashing Into Rafah’, by Erica L. GreenFormer White House Aide Returns to Stand in Trump’s Criminal Trial, by Matthew HaagFor Columbia and a Powerful Donor, Months of Talks and Millions at Risk, by Alan Blinder10 Big Biden Environmental Rules, and What They Mean, by Coral Davenport

Persons: Erica L, Matthew Haag, Alan Blinder, Coral Davenport Organizations: Former White, Columbia, Big

James Lemons was carrying daughter Kensley on his shoulders at the Kansas City Chiefs Super Bowl parade when he felt a bullet enter the back of his right thigh. In the chaos of being shot at the Kansas City Chiefs Super Bowl parade, then hospitalized, Sarai Holguin lost her purse and cellphone. In the chaos of being shot at the Kansas City Chiefs Super Bowl parade, then hospitalized, Sarai Holguin lost her purse and cellphone. A bullet went through the jaw of Mireya Nelson during the Kansas City Chiefs Super Bowl parade on Feb. 14, 2024. Erika NelsonMireya Nelson, who was shot during the Kansas City Chiefs Super Bowl parade on Feb. 14, 2024, undergoes her first physical therapy session while still in the hospital.

Persons: James Lemons, Sarai Holguin, Mireya Nelson, it’s, ” Lemons, Nelson, Lemons, Kensley, Detectives, ”, —, Jaxson, “ I’m, Brandie, I’m, “ I’ve, I’ll, Leslie Carto, Brendan Campbell, Campbell, Louis, ” Punch, Bram Sable, “, They’ve, ’ Sarai Holguin, Holguin, she’d, Cesar, Christopher Smith, Lisa Lopez, Galvan, Lopez, didn’t, ” Holguin, “ It’s, ” Campbell, Holguin isn’t, Erika, Mireya, ” Mireya, ” Erika, aren’t, Punch, Erika Nelson Mireya Nelson, Erika Nelson Mireya, ’, Dr, Sanjay Gupta, Erika doesn’t Organizations: CNN, Kansas City Chiefs Super, Chiefs, University Health, ” University Health, Surgeons, Connecticut Children’s, Control, American College of Surgeons, Trauma, KFF, Union, KFF Health, Mexican Consulate, Centers for Disease Control, Get CNN, CNN Health, KC Locations: Mexico, U.S, Holguin, Harrisonville , Missouri, Kansas City, Connecticut, St, Puebla, Missouri, Mexican, Jackson, Belton , Missouri, downtown, KCUR

☆ A key sign of strength in Warner Bros. Discovery's latest earnings report would take a massive hit if TNT loses the NBA
▼ + stars: | 2024-05-10 | by ( James Faris | ) www.businessinsider.com time to read: +3 min

And while WBD's $0.40-per-share loss was 4 cents better than last year, it was still lower than analysts had hoped for. Warners added about 2 million net streaming subscribers globally in the first quarter, bringing its total to 99.6 million. There's a simple explanation for WBD's streaming ad growth despite modest subscriber additions: the advent of live sports on Max. As impressive as WBD's burgeoning streaming ad business looks now, it may be nothing more than a blip if Comcast's NBC outbids TNT for NBA media rights in the league's next TV deal. Suddenly, it seems like Zaslav is taking an even bigger risk by playing hardball with the NBA.

Persons: Discovery's, David Zaslav, Max, Warners, WBD, it's Organizations: Warner Bros, Business, NBA, Warners, Max, MLB, NHL, NBC, TNT, Media, UBS, hardball

Officials are urging those who have been rescued from the floods not to return to their homes. Carlos Fabal/AFP/Getty ImagesA horse was found stranded on a rooftop in a flooded area in Brazil's Rio Grande do Sul on Wednesday, May 8. It had been stuck on the roof for four days surrounded by flood water in the municipality of Canoas in the Brazilian state Rio Grande do Sul. Agencia Brasil, the sate-run news agency, has reported the rescue of more than 2,000 animals since the floods impacted Rio Grande du Sol, including dogs, cats, chickens, and pigs. Cars are surrounded by flooded streets after heavy rain in Canoas, in Rio Grande do Sul state, on May 9, 2024.

Persons: INMET, Katiane Mello, James Vargas, Carlos Fabal, –, Luiz Inácio Lula da Silva, El Niño, Carlos Macedo, Adriano Machado Organizations: CNN, Getty, Globo, Agencia Brasil, AP Brazilian Air Force Soldiers, Brasilia Air Force Base, Reuters Locations: Brazil, Rio Grande do Sul, Uruguay, Porto Alegre, Eldorado do Sul, AFP, Brazil's Rio Grande do Sul, Paulo’s, Canoas, Rio Grande, Sol, Pacific, Reuters Rio Grande do Sul

☆ Want to invest in real estate without dealing with tenants or leaky roofs? Buy these 13 stocks with major rebound potential instead, a strategy chief says.
▼ + stars: | 2024-05-10 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

However, there's an easy way to invest in real estate without breaking the bank or even leaving the couch: buying real-estate stocks, which BMO Capital Markets finds increasingly attractive. But, contrary to what many investors believe, higher rates don't always hurt real-estate stocks, Belski wrote. AdvertisementThe market's misleading narrative about real-estate stocks has made the group remarkably cheap relative to its solid fundamentals, in Belski's view. "The severity of underperformance appears mismatched with the fundamental underpinnings of the group," Belski wrote. 13 real-estate stocks set to outperformInvestors looking to diversify their portfolios should consider 13 stocks in the real-estate sector with outperform ratings from BMO Capital Markets.

Persons: —, Brian Belski, Belski, it's Organizations: Service, Business, BMO Capital Markets, BMO, doesn't Locations: Montreal

☆ Hyundai and Kia models topped US auto theft rankings last year
▼ + stars: | 2024-05-10 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +3 min

In all, six of the top 10 most-stolen vehicles in America last year were Hyundai and Kia models. The list included the Kia Soul, Kia Forte, and Kia Sportage. Certain older Hyundai and Kia models made before 2023 are particularly vulnerable to car thieves. Hyundai and Kia operate as separate companies in the United States, but Hyundai Motor Group owns a large stake in Kia, and various Hyundai and Kia models share much of their engineering. More than 1.1 million Kia vehicles nationwide have had anti-theft software installed, according to Kia.

Persons: Kia, Kia Forte, Kia Sportage, ” Kia, James Bell Organizations: CNN, National Insurance, Hyundai, Kia, Chevrolet Silverado, Silverado, Honda Accord, Honda Civic, Ford, Crime Information Center, Data, Hyundai Motor Group Locations: America, United States

☆ Kris Jenner, 68, says she has no plans to retire
▼ + stars: | 2024-05-10 | by ( Amanda Goh | ) www.businessinsider.com time to read: +1 min

Kardashian-Jenner clan matriarch and "momager" Kris Jenner, 68, says she won't retire. Working gives her "all sorts of different qualities" in life, Jenner said on "This Life of Mine with James Corden." But there's no denying the money's good: Jenner has an estimated net worth of $230 million, per Forbes. AdvertisementThere's a saying on the internet that goes "The devil works hard, but Kris Jenner works harder." And true enough, Jenner, 68, has no plans to retire.

Persons: Kardashian, Jenner, Kris Jenner, James Corden, —, we're, Corden Organizations: Forbes, Service, Business

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