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CEO Tim Cook will be staying at Apple for at least three more years, Bloomberg reported. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Cook, who succeeded Apple founder Steve Jobs, helped Apple cross the $3 trillion market cap mark — and may push the company past $4 trillion by 2025. In October, Cook told singer Dua Lipa on her podcast "At Your Service" that he hoped his successor would "come from within Apple." This story is available exclusively to Business Insider subscribers.
Persons: Tim Cook, Cook, execs Jeff Williams, John Ternus, , Steve Jobs, Dua Lipa Organizations: Apple, Bloomberg, Service, Business Locations: Apple
The 2024 Met Gala was held at the Metropolitan Museum of Art in New York City on Monday. The theme was "Sleeping Beauties: Reawakening Fashion," and the dress code was "The Garden of Time." AdvertisementThe Met Gala returned for its 2024 installment on Monday. Some of the best-dressed guests made a splash in attire aligned with the "Sleeping Beauties: Reawakening Fashion" theme and "The Garden of Time" dress code, but others didn't pull off their looks as flawlessly. Here are seven Met Gala looks from this year's event that missed the mark — sorry.
Persons: , Anna Wintour, cochairs, Bunny, Jennifer Lopez, Chris Hemsworth, Jeff Bezos, Lauren Sánchez Organizations: Metropolitan Museum of Art, Service, Amazon Locations: New York City, New York
In her series, “The Darkest Shade,” George reviews the darkest shade in a brand’s lineup to see if it could match her complexion. The darkest Youthforia shade, she claimed, was lighter than what was advertised online and didn’t match her skin tone. In March, the beauty brand added 10 new shades to its “Date Night” collection, many for darker complexions. “Which side of my face is the black face paint or the Youthforia foundation?” she asked in a Tiktok video posted April 30. Last week, Youthforia replied to a comment about the brand’s darkest shade by resharing the video from March.
Persons: Youthforia, Golloria George, TikTok, ” George, Fiona Co Chan, Mark Cuban, George, Chan, , , , ” Karen Chambers, Rhianna’s, influencers, ” Chambers, IMAN Cosmetics, Posner, Chambers, you’ve, we’re, We’ve, It’s Organizations: CNN, Hourglass Locations: Texas,
In the 1970s, there were about 175,000 residents in Centro Storico, the main island and historic center of Venice. In fact, there are now more tourist beds in Venice than there are residents. Last week, Venice took action on overtourism, introducing a 5€ fee to day trippers who want to access the city. "You can't impose an entrance fee to a city; all they're doing is transforming it into a theme park. Marco Bertorello | Afp | Getty ImagesDespite its many detractors, the day fee is a significant move on the part of Venice's government to confront the challenge of overtourism, which has become a significant global problem since the pandemic.
Persons: Stefano Mazzola, Luigi Brugnaro, Mark —, There's, Matteo Secchi, Marco Bertorello, Antonio Paolo Russo, Russo Organizations: Piazzale Roma, Getty, Venice, Centro Storico, Guardian, Tourists, Afp, Virgili University Locations: Piazzale, Venice, Italy, Centro, Piazzale Roma, Santa Lucia, Tarragona, Spain, Bali, Barcelona, Amsterdam, Europe
The labor market has been resilient despite economic headwinds like higher interest rates. "There's still strong, broad-based job growth and real wage growth has been restored," Pollak said. The labor market is in a 'sweet spot'Employers added 303,000 jobs to payrolls in March, the U.S. Bureau of Labor Statistics reported Friday. Job growth in the first three months of 2024 — 274,000, on average — beats the 2019 pre-pandemic average by more than 100,000. "The labor market is settling into a sweet spot," said Nick Bunker, economic research director for North America at job site Indeed.
Persons: Lindsey Nicholson, Julia Pollak, There's, Pollak, Nick Bunker Organizations: Getty, U.S . Bureau of Labor Statistics, North America Locations: Queens , New York, U.S
Former US President and Republican presidential hopeful Donald Trump arrives for a "Commit to Caucus" rally in Clinton, Iowa, on January 6, 2024. Former President Donald Trump has secured enough delegates to seal the Republican presidential nomination, NBC News projects, setting up a 2024 rematch with President Joe Biden, who clinched the Democratic nomination earlier Tuesday night. Trump came into Tuesday's contests in Georgia, Hawaii, Mississippi and Washington as the presumptive nominee after vanquishing all his primary opponents, while Biden faced little opposition in his primary. While Biden ran virtually unopposed on the Democratic side, Trump steamrolled through a Republican primary that included a handful of prominent politicians. He won all but two contests (Vermont and Washington, D.C.) through Tuesday and retained his grip on the Republican primary electorate in the process.
Persons: Donald Trump, Joe Biden, Trump, vanquishing, Biden, Nikki Haley, Trump's, Chris Christie, Asa Hutchinson, Will Hurd —, Ron DeSantis, Vivek Ramaswamy —, Mike Pence, Haley, DeSantis Organizations: NBC News, Democratic, Former United Nations, Republican, Trump, D.C, New, New Jersey Gov, Arkansas Gov, Texas Rep, Florida Gov Locations: Clinton , Iowa, Georgia, Hawaii , Mississippi, Washington, Milwaukee, Vermont, New Jersey, Arkansas, Florida, Trump
The Oscars are Hollywood's biggest night, so stars pull out all the stops. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe Oscars are Hollywood's biggest night, celebrating the movies of 2023, which took home a collective $9 billion at the US box office, according to Comscore. So, it's no surprise that each star hopes to look their best by turning out iconic looks.
Persons: , it's Organizations: Service
Terrorists Are Paying for Check Marks on X, Report Says
  + stars: | 2024-02-14 | by ( Kate Conger | ) www.nytimes.com   time to read: +1 min
X, the social media platform owned by Elon Musk, is potentially violating U.S. sanctions by accepting payments for subscription accounts from terrorist organizations and other groups barred from doing business in the country, according to a new report. The report, by the Tech Transparency Project, a nonprofit focused on accountability for large technology companies, shows that X, formerly known as Twitter, has taken payments from accounts that include Hezbollah leaders, Houthi groups, and state-run media outlets in Iran and Russia. The subscriptions, which cost $8 a month, offer users a blue check mark — once limited to verified users like celebrities — and better promotion by X’s algorithm, among other perks. “We were surprised to find that X was providing premium services to a wide range of groups the U.S. has sanctioned for terrorism and other activities that harm its national security,” said Katie Paul, the director of the Tech Transparency Project. “It’s yet another sign that X has lost control of its platform.”
Persons: Elon Musk, , , Katie Paul, Organizations: Elon, Tech, U.S . Treasury Department, . Locations: Iran, Russia, U.S
Celebrities made a splash at the 2024 Grammys in Los Angeles on Sunday. Some pulled off daring looks, while others didn't quite hit the mark with their outfits. Here are six celebrity looks from the music awards show that stood out for the wrong reasons. AdvertisementThe 2024 Grammy Awards took place in Los Angeles on Sunday, bringing together entertainment legends for an evening celebrating music. Here are six Grammy Awards red-carpet looks that missed the mark, in our opinion.
Persons: , Miley Cyrus, Leray Organizations: Service Locations: Los Angeles
With so much optimism infusing markets at the moment, it's almost refreshing to chat with a pessimist like Guy Pope, the manager of Columbia Threadneedle's Contrarian Core Fund. Employing a philosophy of finding out-of-favor contrarian investments, he doesn't use complicated algorithms or obscure metrics to find the stocks he adds to his fund. AdvertisementStart with pessimismWhen it comes to consistently outperforming the market, Pope credits his success to one main factor: searching areas that other people aren't focused on. That turned out to be a prescient move the following year, when the market tanked and the growth stocks that had been flying so high were brought low. Advertisement3 contrarian stock picksA straightforward strategy and a distinctly disciplined approach have combined to give Pope and his fund a leg up on the competition.
Persons: Guy Pope, He's, Russell, , Pope, he's, Pope doesn't, it's, Elevance, lockdowns, Charles Schwab Organizations: Service, Columbia, Business, CNBC, Elevance, Nike
The 2024 Critics Choice Awards were held on Sunday. AdvertisementThe 29th annual Critics Choice Awards were held at Barker Hangar in Santa Monica, California, on Sunday. Many celebrities took risks with their Critics Choice Awards outfits, opting for glamorous gowns and bold prints. However, other celebrities missed the mark in shapeless looks and confusing style choices. Here are the Critics Choice looks that missed the mark, in our opinion.
Persons: Margot Robbie, Pedro Pascal, Organizations: Service, Barker Locations: Santa Monica , California
A White House proposal to send Ukraine about $61.4 billion in additional emergency aid — out of an overall $105 billion plan — has stalled in the Republican-led House. That has left the United States with less than $5 billion available to contribute to the war; American military aid to Ukraine has so far totaled about $45 billion in weapons and equipment. The American secretary of state, Antony J. Blinken, tried to assuage concerns among NATO leaders. “We will be strongly reaffirming our support for Ukraine as it continues to face Russia’s war of aggression,” Mr. Blinken said a few hours later, as he headed into Tuesday’s meetings. The pointed remarks underscored NATO’s attempts to deter Russia as its war in Ukraine approaches the two-year mark — and as all indications suggest the conflict will likely drag out for far longer.
Persons: , Antony J, Blinken, , Mr, NATO’s Organizations: Republican, NATO Locations: Ukraine, United States, Russia, Sweden
The bond bear market is the worst in more than 200 years, according to BNP Paribas' global chief investment officer. "This represents the biggest US bond bear market in over 200 years," Shing said. But, he said, one corner of the bond market is an opportunity for investors: U.S. "fallen angels" in the high-yield credit segment. "So actually, you can still capture 8% plus gross yield of these fallen angels, but at a much lower default risk at a time when the economy is slowing." Those keen on investing in "fallen angel" bonds can consider exchange-traded funds and funds that have been specifically developed to focus on such bonds.
Persons: Edmund Shing, CNBC's, They've, there're, Shing Organizations: BNP, Treasury, U.S, U.S . Federal, U.S ., Morningstar Locations: U.S
U.S. President Joe Biden’s dog Commander looks down after Biden arrived back to the White House following his visit to Holy Trinity Catholic Church in Washington, U.S., September 30, 2023. WASHINGTON — President Joe Biden's dog Commander, whose history of biting became public in recent months, is no longer at the White House, a spokesperson for the first lady said Wednesday. The Daily Mail published photos of Commander and Dale Haney, the superintendent of the White House grounds, who has worked at the White House for more than 50 years. Last month, a Secret Service spokesman also confirmed to NBC News that Commander bit a Secret Service Uniformed Division police officer. The Bidens' other dog, Major, was sent to live in Delaware after repeated nipping incidents at the White House.
Persons: Joe Biden’s, Biden, Joe Biden's, Jill Biden's, Elizabeth Alexander, Alexander, Dale Haney, Haney, Bo, Sunny, George W, Laura Bush's Barney, Miss Beazley, Richard Nixon's, Champ, Kelly O'Donnell, Zoë Richards Organizations: Holy Trinity Catholic Church, WASHINGTON, White, Secret Service, White House, CNN, Daily Mail, Judicial, NBC News, Service Uniformed Division Locations: Washington , U.S, Delaware, Washington, New York
Now, it's using that influence to kick-start its own music-streaming app, TikTok Music. Like TikTok's interface, TikTok Music includes a "For You" feed of recommended content. This sets it apart from leading streamers like Spotify and Apple Music, which have limited in-app social features. It's still very early days for TikTok Music, and its rivals have a big headstart — Apple Music and Spotify are each in more than 100 countries. TikTok has not yet said when TikTok Music will roll out to other countries including the US.
Persons: TikTok, Tatiana Cirisano, Cirisano, It's, MIDiA Organizations: Spotify, Apple Music, MIDiA Research, TikTok, TikTok Music, YouTube Locations: Singapore, Brazil, Indonesia, Australia, Mexico
Now, it's using that influence to kick-start its own music-streaming app, TikTok Music. Like TikTok's interface, TikTok Music includes a "For You" feed of recommended content. It's still very early days for TikTok Music, and its rivals have a big headstart — Apple Music and Spotify are each in more than 100 countries. But other relative newcomers like YouTube Music have shown there's room to break into music streaming, particularly for platforms that can leverage another popular app to drive sign-ups. TikTok has not yet said when TikTok Music will roll out to other countries including the US.
Persons: TikTok, Tatiana Cirisano, Cirisano, It's, MIDiA Organizations: Spotify, Apple Music, MIDiA Research, TikTok, TikTok Music, YouTube Locations: Singapore, Brazil, Indonesia, Australia, Mexico
Opinion | Mayor Adams and Others: Ideas for New York
  + stars: | 2023-08-14 | by ( ) www.nytimes.com   time to read: +1 min
To the Editor:Re “What New York City Needs to Defy the Odds Again” (editorial, Aug. 6):The editorial board accuses our administration of lacking the vision to tackle the issues facing our city as it emerges from a once-in-a-century pandemic. But running a city effectively means making sure that the basics work better than ever — especially in the aftermath of tragedy. Today, overall crime is down, our streets are cleaner and we have brought back a staggering 99.9 percent of private-sector jobs. Daily subway ridership has surpassed the four million mark — not once, but five times since April 20 of this year. This is the result of a steadfast commitment to getting big and small things done — despite this paper’s frequent assertions to the contrary.
Locations: York, New New York
On Saturday, a fellow global energy power, Qatar, expressed “great concern” about the situation in Russia. Any meaningful loss of Russian energy would force China and India to compete with Western nations for supplies from other producers. Libya and Venezuela provide cautionary tales of how civil war and internal political strife can savage energy exports. At just under 10 million barrels per day, it produces about 10% of global crude oil demand. It took a long time for the Russian oil industry to recover from that.
Persons: Vladimir Putin, “ Putin, , Jeffrey Sonnenfeld, Richard Bronze, Matt Smith, Kpler, , Stern, Agustin Carstens, Brent, Moscow, , Sonnenfeld, — Sarah Diab, Sharon Braithwaite, Alexandra Peers, Ramishah Organizations: London CNN —, ” Yale, CNN, Western, Energy, Bank for International, BIS, US Energy Information Agency, Council, Foreign Relations Locations: Ukraine, Russian, Moscow, Russia, China, India, Qatar, Americas, Europe, United States, Basel, Asia, Venezuela, Libya, Saudi Arabia, OPEC, Soviet Union, London, New York
Idealism and pragmatism have long made rival claims on American foreign policy, forcing hard choices and sometimes leading to disappointment. For American presidents and policymakers, this poses a challenge; it is no longer enough to champion the ideals of liberal democracy and count on the rest of the world to follow. Advancing American ideals requires being pragmatic and even accommodating when our democratic partners fall short of the mark — and humility about where the United States falls short, too. Take India, and the quandary it poses for Washington, which is on display as Prime Minister Narendra Modi makes a state visit this week. India is a democracy in which the world’s biggest electorate openly and freely exercises the fundamental right to choose its leader.
Persons: , Narendra Modi, Modi Organizations: Washington Locations: Soviet Union, Russia, China, Turkey, Saudi Arabia, United States, India, Moscow
Microsoft's market capitalization climbed to an unprecedented $2.59 trillion Thursday as its stock extended gains. The tech giant's shares have rallied more than 45% so far this year, buoyed by the investor frenzy over AI-related stocks. Microsoft has been viewed as one of the lead adopters of AI technology among software companies. Sign up for our newsletter to get the inside scoop on what traders are talking about — delivered daily to your inbox. Microsoft's stock has extended its year-to-date rally to over 45%.
Persons: Organizations: Microsoft, Service, JPMorgan, Reuters, Tech, Federal Reserve, Nvidia, Nasdaq Locations: Friday's
Nate Matos is a Turo host based in Miami. He started by renting his own car on the platform, then bought a second vehicle just for renting. I decided to become a Turo host after listening to Earn Your Leisure, a financial education podcast, about two years ago. The podcast brings on a lot of guests to speak about different aspects of business, finance, and entrepreneurship, and I saw an episode with someone who was sharing his experience with Turo car rentals. I did make some mistakes on Turo initiallyFor example, at first, I had both of my cars on Turo.
Russian President Vladimir Putin and Chinese President Xi Jinping at the Kremlin in Moscow, Russia, March 21, 2023. Chinese President Xi Jinping traveled to Russia earlier this week, where both leaders shared mutual concerns, warm words and called one another "dear friend." Speaking alongside Russian President Vladimir Putin, the Chinese leader Xi Jinping predicted voters would re-elect his Russian counterpart next year and described his leadership as "strong." "We have looked very carefully at [the] communication coming out of the Xi Jinping meeting with Vladimir Putin," Dutch Prime Minister Mark Rutte told CNBC. "We very much hope that the phone call will take place as soon as possible between Xi Jinping and Volodymyr Zelenskyy."
Miniseries | E+ | Getty ImagesAs with many line items in your household budget, your auto insurance probably costs more this year than in 2022. While auto insurance tends to eat up a small share of a person's income — about 3% for the average person, according to the Bankrate study — you may be able to reduce it even further. "If you're working from home now, I'd definitely let your insurance company know you're not commuting to work," said Brian Moody, executive editor of Kelley Blue Book. If you were to increase your deductible to $500 from $250, it could reduce your coverage cost by 15% to 30%, Friedlander said. "Auto insurance is extremely competitive and companies want your business to grow their market share," Friedlander said.
Nikita Bier, cofounder of social-media startup Gas, isn't a fan of Twitter's product changes. He tweeted at Elon Musk on Tuesday saying he'd pay $100 for the option to reverse the changes. Bier tweeted at Musk on Tuesday, saying: "Monetization idea: I would pay $100 to revert all product changes back what it was before you acquired Twitter." This isn't the first time Bier, whose startups have been acquired by Discord and Facebook, has tweeted at Musk about Twitter. 1 social-media app on the App Store after launching last year.
It's been another record year for the creator economy. Influencer-marketing spend, which in part fuels many creators' businesses, is expected to exceed $6 billion by next year, according to Insider Intelligence data. Meanwhile, behind the scenes, there is a new class of rising stars. These rising stars have spent the past year making tangible change through their work on products, content, or initiatives at social-media giants like YouTube or Meta. Here are 22 rising stars in the creator economy, listed alphabetically based on their company:
Total: 25