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☆ Shock Miss USA resignations are just the tip of the iceberg, insiders say
▼ + stars: | 2024-05-11 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +11 min

“We respect and support Noelia’s decision to step down from her duties,” the Miss USA pageant said in a statement following Voigt’s announcement. “No woman has ever resigned as Miss USA or as Miss Teen USA, and she’s lost both of them in 48 hours,” he said. And according to Engelhardt, they were far from the only members of the Miss USA organization to depart. Savannah Gankiewicz, who as Miss Hawaii placed as first runner-up during the 2023 Miss USA pageant, will take over as Miss USA following Voigt's resignation. Kyle Terada/USA Today Sports/ReutersOn May 9, the Miss USA pageant announced that Savannah Gankiewicz, Miss Hawaii USA 2023 and first-runner up to Voigt at the 2023 Miss USA pageant, would be taking over the national title and its responsibilities.

Persons: Noelia Voigt, UmaSofia Srivastava, Srivastava, Voigt, “, ”, Ashlee McKey, Alexis Loomans, Rachelle di Stasio —, ” Srivastava, Denise White, Craig Barritt, Laylah Rose, slandering, ” Rose, Tom Williams, Rose, ’ Voigt, White, I’ve, ” White, “ It’s, It’s, Chance Yeh, Thom Brodeur, she’s, Brodeur, Miss, Claudia Engelhardt, Engelhardt, ” Engelhardt, Crystle Stewart, Rob Kim, Weeks, Savannah Gankiewicz, Kyle Terada, Gankiewicz, Shanna Moakler, Cindy Provost, Debbie Miller, — Engelhardt Organizations: CNN, Miss USA, Miss Teen, Miss Teen USA, Utah, Miss North Carolina USA, Miss New York, USA, ”, Inc, Miss, Miss Universe Organization, Miss Hawaii, Sports, Reuters, Savannah Miss, Voigt’s, Miss Utah USA, Srivastava’s, Miss New Jersey Teen USA Locations: New Jersey, Miss Wisconsin, New York, Sarasota , Florida, Miss Utah, Miss USA, Los Angeles, Utah, ”, USA, Savannah, Miss Hawaii USA, Savannah Miss USA

☆ Solar storms could create rare aurora displays, impact communications on Earth this weekend
▼ + stars: | 2024-05-10 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

When the energized particles from coronal mass ejections reach Earth’s magnetic field, they interact with gases in the atmosphere to create different colored light in the sky. The Space Weather Prediction Center tracked multiple strong flares emitting from a large cluster of sunspots on the solar surface since Wednesday. Alex Kormann/Star Tribune/Getty ImagesThe effects of geomagnetic stormsWhen directed at Earth, these ejections can cause geomagnetic storms, or major disturbances of Earth’s magnetic field. So far, researchers have obseverd only three severe geomagnetic storms during the current solar cycle, which began in December 2019, according to the center. The storms also affect flight patterns of commercial airlines, which are instructed to stay away from Earth’s poles during geomagnetic storms due to loss of communication or navigation capabilities.

Persons: Wolf, Alex Kormann Organizations: CNN, National Oceanic, Prediction, National Weather Service, Star Tribune, Getty Locations: Alabama, Northern California, New Mexico , Missouri, North Carolina, California, United States, England, United Kingdom, Cloquet, Minnesota, Sweden, South Africa, Quebec

☆ Corporate America Is Going Un-Woke: Reversing DEI, Sustainability Plan
▼ + stars: | 2024-05-09 | by ( Emily Stewart | ) www.businessinsider.com time to read: +10 min

Plenty of companies are reining in their rhetoric and in some cases action on issues such as sustainability and diversity. Over the past decade, many corporations have at least professed to take a more active role in social issues, under pressure from their customers and, more importantly, employees. After last year's Bud Light debacle, which was a real blow to its business, executives fear they'll be the next target of some anti-woke outcry. For the fourth quarter of 2020, 131 companies mentioned ESG, and 34 mentioned DEI or diversity and inclusion. This may be a great un-wokening, but maybe corporate America was actually never that committed to the idea in the first place.

Persons: Paul Polman, It's, Naomi Wheeless, Eventbrite, Donald Trump, Larry Fink, George Floyd's, ESG, Andrew Jones, there's, Bud Light, influencer Dylan Mulvaney, haven't, Philip Mirvis, Bud, they'll, they'd, Jones, it's, Fink, FactSet, — we're, wasn't, Alison Taylor, University's, we've, Roe, Wade, Taylor, isn't, Dylan Mulvaney, Bud Light's, Kenneth Pucker, Emily Stewart Organizations: Unilever, Unilever wasn't, Unilever isn't, Companies, Business, Sporting Goods, Conference Board's ESG, Morningstar, Babson, AIG, Amazon, ExxonMobil, University's Stern School of Business, Anheuser, Busch, Fletcher School, Tufts University Locations: Plenty, America, ESG, New, Charlottesville

☆ Rory McIlroy says he won’t return to PGA Tour policy board after ‘pretty messy’ conversations
▼ + stars: | 2024-05-09 | by ( Jack Bantock | ) edition.cnn.com time to read: +3 min

CNN —Rory McIlroy will not be returning to the PGA Tour policy board any time soon after some “pretty complicated and pretty messy” conversations, the Northern Irishman said Wednesday. “There’s been a lot of conversations,” McIlroy, speaking ahead of the Wells Fargo Championship in North Carolina, told reporters. “It got pretty complicated and pretty messy, and I think with the way it happened, it opened up some old wounds and scar tissue from things that have happened before. “There was a subset of people on the board that were maybe uncomfortable with me coming back on for some reason. “I’ve had a pretty slow start to the season, especially over here in the States,” he said.

Persons: Rory McIlroy, ”, Webb Simpson, –, McIlroy, “ There’s, ” McIlroy, Webb, Andrew Redington, LIV Golf, LIV, weren’t, it’s, we’ve, “ It’s, that’s, Shane Lowry, “ I’ve, “ Organizations: CNN, PGA Tour, Wells, PGA, LIV Golf, “, Zurich, New Locations: North Carolina, Saudi, New Orleans

☆ Cheslie Kryst's mom says she published her daughter's memoir posthumously to 'share her story and the struggle she faced'
▼ + stars: | 2024-05-08 | by ( Jane Ridley | ) www.businessinsider.com time to read: +7 min

April Simpkins published her daughter Cheslie Kryst's memoir after the ex-Miss USA died by suicide. AdvertisementOver the years, April Simpkins had become used to her thoughtful daughter, former Miss USA Cheslie Kryst, sending her care packages full of goodies. Cheslie Kryst, a former Miss USA, died by suicide in 2022 at the age of 30. AdvertisementSimpkins once suggested she employ a part-time assistant to help her balance her legal career, Miss USA commitments, and philanthropic work. The mom said she was thrilled by her daughter's dedication when she won Miss USA in May 2019.

Persons: Simpkins, Cheslie, Miss USA, —, Miss USA Cheslie, Kryst, Evan Agostini Simpkins —, " Simpkins, it's, Kryst didn't, I've Organizations: Miss, Business, Service, Miss USA, Mental Health, National Alliance, Mental, Kryst Foundation Locations: New York, North Carolina

☆ Nikki Haley won nearly 130,000 votes in the Indiana GOP primary. Here's what that means for Trump ahead of the general election.
▼ + stars: | 2024-05-08 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Since 1940, the state has voted for the Republican presidential nominee in every election except for 1964 and 2008. And former President Donald Trump is virtually assured of winning the state this November, as he also did in 2016 and 2020. But an interesting thing happened on Tuesday: Trump won the GOP presidential primary, but former UN Ambassador Nikki Haley still won over 20 percent of the vote, despite her March exit from the race. With nearly all precincts reporting their results, Trump earned 461,663 votes (78.3 percent) to Haley's 128,168 votes (21.7 percent). But many suburban voters are also concerned about issues like the preservation of democracy, abortion rights, and environmental policy, which all strongly favor Biden.

Persons: —, Mike Pence, Dan Quayle, Donald Trump, Trump, Nikki Haley, Haley, Biden Organizations: Service, Republican, Business, GOP, Indianapolis, — Trump, Marion, Trump, Indiana, RNC Locations: Indiana, Virginia, North Carolina, Indianapolis, Marion, Trump's, Hamilton County, Milwaukee, While Indiana

☆ Businesses add $90 billion in surprise 'junk fees' each year, and it's starting to backfire
▼ + stars: | 2024-05-08 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

Businesses are adding $90 billion in fees to consumer's bills each year, according to one estimate. US consumers spend more than $650 a year per household on "junk fees," per the CEA. AdvertisementBusinesses are adding $90 billion in surprise "junk fees" to customers' bills each year — and it is starting to backfire. Junk fees are hidden costs that are added to product prices. Last June, President Joe Biden said his administration had taken steps to crack down on junk fees.

Persons: —, Noelle Weaver, Bradley Walker, Walker, Merrilee Bridgeman, Joe Biden Organizations: Service, White House Council, Economic Advisers, National Bureau of Economic Research, Wall Street, Democratic Locations: New Orleans, Charlotte , North Carolina

☆ Biden set to meet with executives from Citi, United Airlines, Marriott and others
▼ + stars: | 2024-05-07 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

US President Joe Biden speaks about his Investing in America agenda at the Wilmington Convention Center in Wilmington, North Carolina, on May 2, 2024. President Joe Biden is set to meet Tuesday afternoon with a slate of executives from a variety of industries, some of which have been the targets of his regulatory agenda. The guest list includes United Airlines CEO Scott Kirby, Citi CEO Jane Fraser, Evercore founder and senior chairman Roger Altman, Marriott International CEO Anthony Capuano, Flex CEO Revathi Advaithi, Bechtel Group CEO Brendan Bechtel, former Xerox CEO Ursula Burns and Corning CEO Wendell Weeks, according to a White House official. Biden is planning to discuss his "strategy of investing in America and rebuilding international alliances," the official said in a statement. And as part of a broader siege against what Biden calls "junk fees," the White House has issued rules prohibiting certain fees from airlines and credit card companies.

Persons: Joe Biden, Scott Kirby, Jane Fraser, Roger Altman, Anthony Capuano, Revathi Advaithi, Brendan Bechtel, Ursula Burns, Corning, Wendell Weeks, Biden Organizations: Wilmington Convention, United Airlines, Citi, Marriott International, Flex, Bechtel, Xerox, White, Federal Trade Commission, Department Locations: Wilmington, Wilmington , North Carolina, America

☆ Healthy Returns: Eli Lilly, Novo Nordisk make progress toward boosting weight loss drug supply
▼ + stars: | 2024-05-07 | by ( Eduardo Munoz | ) www.cnbc.com time to read: +3 min

A highly popular group of weight loss and diabetes drugs is still hard to find in the U.S. The dominant manufacturers of those treatments, Eli Lilly and Novo Nordisk , are making progress toward changing that. Patients using current autoinjectors for weight loss and diabetes drugs go through four different pens per month. Eli Lilly expects supply for Zepbound, Mounjaro and other incretin drugs to remain "quite tight" in the near- to mid-term as demand remains high, Ashkenazi said. On the day Eli Lilly reported earnings, shares of the company jumped more than 5% on the raised guidance and supply updates.

Persons: Eli Lilly, Anat Ashkenazi, There's, Ashkenazi, David Ricks, —, Lilly, Chris Schott Organizations: U.S, Novo Nordisk, Nexus Pharmaceuticals, JPMorgan Locations: North Carolina, Indiana, Ireland, Germany, Europe, U.S

☆ Noelia Voigt resigns as Miss USA, citing her mental health
▼ + stars: | 2024-05-06 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +2 min

CNN —Noelia Voigt, who was crowned Miss USA in November 2023, has announced she is resigning from her role, saying the decision is in the best interest of her mental health. Voigt, of Utah, succeeded the 2022 Miss USA, Morgan Romano of North Carolina. She was the first Venezuelan-American woman to win Miss USA, according to her statement. Savannah Gankiewicz of Hawaii placed as the first-runner-up to Voigt’s victory in November, making her a potential candidate to be the newly crowned Miss USA. “Never compromise your physical and mental well-being.

Persons: CNN — Noelia Voigt, ”, Instagram, Voigt, Morgan Romano, Miss USA, Alexis Loomans of, Jasmine Daniels of, “ Organizations: CNN, Miss USA, Miss USA Organization, Miss, Jasmine Daniels of Pennsylvania, Miss Universe Organization Locations: Utah, North Carolina, Venezuelan, American, Savannah Gankiewicz, Hawaii, Alexis Loomans of Wisconsin, Texas, United States

☆ Fact check: Another week, another round of false Trump claims about his trial
▼ + stars: | 2024-05-05 | by ( Daniel Dale | ) edition.cnn.com time to read: +10 min

Washington CNN —Former President Donald Trump continues to make false claims about his New York trial. Here’s a fact check of four false claims and one misleading claim he made about the trial in his courthouse comments last week. Judge Juan Merchan’s gag order, which narrowly restricts his out-of-court speech, does not in any way stop him from testifying. The gag order also does not broadly prevent Trump from talking. Trump’s campaign scheduleTrump continued Friday to complain that the New York trial is preventing him from being on the campaign trail.

Persons: Donald Trump, Trump, –, “ I’m, who’s, ”, he’s, I’m, Judge Juan Merchan’s, Joe Biden, Merchan, Rather, Attorney Alvin Bragg, Bragg, it’s, “, ’ Trump, ’ ” Trump, ’, you’re, ” Trump, ” Merchan, Defendant, Biden, It’s, Matthew Colangelo, Colangelo, CNN’s Kristen Holmes Organizations: Washington CNN, New, Trump, Manhattan, Attorney, “, Republican, Miami, Prix, Georgia, Biden, Justice Department Locations: New York, Manhattan, Michigan, York, Fulton County , Georgia, Washington , DC, Florida, Georgia, Ohio, Wisconsin, North Carolina, Bedminster , New Jersey, York’s

☆ Campaign Updates: At the R.N.C. donor retreat, Trump calls the Biden administration the ‘Gestapo.’
▼ + stars: | 2024-05-05 | by ( Maggie Haberman | Shane Goldmacher | ) www.nytimes.com time to read: +8 min

“You have to respect the office of the presidency,” Mr. Trump said. “When you are Democrat, you start off essentially at 40 percent because you have civil service, you have the unions and you have welfare,” Mr. Trump said on Saturday. director whom Mr. Trump fired amid an investigation into Mr. Trump and his campaign, was connected to the Blagojevich investigation. Mr. Trump also mocked the physical appearance of Jack Smith, the special counsel who has indicted him twice. At another point, Mr. Trump said that if anyone wanted to donate $1 million to the R.N.C.

Persons: Donald J, Trump, Biden’s, ” Mr, Trump baselessly, Biden, “, Mr, ”, William P, Barr, Michael Whatley, Mitt Romney, Hope Hicks, Rod Blagojevich, Blagojevich’s, James B, Blagojevich, Jack Smith, Smith, Mike Johnson, Roe, Wade, Trump’s, — Susie Wiles, Chris LaCivita, Tony Fabrizio — Organizations: Republican National Committee, The New York Times, Trump, Democratic, Mr, Sun Locations: New York, Florida, Palm Beach, Fla, Manhattan, Illinois, Minnesota, Virginia, Nevada , Arizona, Georgia, North Carolina, Pennsylvania, Michigan, Wisconsin

☆ We are 6 months from the 2024 presidential election. Here's where things stand.
▼ + stars: | 2024-05-05 | by ( John L. Dorman | ) www.businessinsider.com time to read: +7 min

Read previewWith six months until Election Day, the race between President Joe Biden and former President Donald Trump is already in high gear. In March, Biden and Trump clinched enough delegates to secure the Democratic and GOP presidential nominations, respectively, ahead of their party conventions. AP Photo/David YeazellIn 2020, Biden won the election by winning core Democratic states and every major swing state except for North Carolina, which he lost by one percentage point. AdvertisementA win in North Carolina could also give Biden breathing room as he faces challenges in other swing states. Many of these voters backed Biden in 2020 but say their support of the president is not guaranteed in November.

Persons: —, Joe Biden, Donald Trump, Biden, Trump, Ron DeSantis, Nikki Haley, Robert F, Kennedy Jr, RealClearPolling, David Yeazell, He's, It's, Barack Obama, Haley, Roe, Wade, Gash, Kamala Harris, Harris Organizations: Service, Trump, Democratic, Florida Gov, Business, Trump —, Biden, Harvard, NPR, Marist, AP, The Washington Post, Arizona, Republicans, Arizona —, GOP, Israel, Columbia University, Ivy League, Michigan Locations: Manhattan, — Arizona, Georgia, Michigan, Nevada , North Carolina , Pennsylvania, Wisconsin, Wilmington , North Carolina, North Carolina, Michigan , Nevada, Pennsylvania, Arizona, Gaza, Israel, New York

☆ Young Democrats face Gaza blowback as they try to mobilize students for Biden
▼ + stars: | 2024-05-04 | by ( Gregory Krieg | Michelle Shen | ) edition.cnn.com time to read: +12 min

But the College Democrats insist their worries are also rooted in what they see as the Biden campaign’s unwillingness to grasp the scope of how difficult it is becoming to engage young voters. A mixed picturePolling of young voters on the Israel-Hamas War, specifically about its effect on Biden’s campaign, presents a mixed picture. Only 18% of young voters approved of Biden’s handling of the Israel-Hamas war, according to the Harvard/IOP poll. Seth Schuster, a spokesman for the Biden campaign, touted its investment in engaging young voters. It is even hard for young people to talk to other young people about how to do this,” the Democratic strategist said.

Persons: Joe Biden’s, ”, Hasan Pyarali, ’ ”, Biden, “, Benjamin ) Netanyahu, Nicho Fernandez, hasn’t, haven’t, ” Fernandez, ” John Della Volpe, men’s, ” Biden, Santiago Mayer, ” Mayer, Joe Biden, Carolyn Salvador Avila, Biden’s, it’s, ” Salvador Avila, Allyson Bell, Bell, ” Bell, Seth Schuster, ” Schuster, “ It’s, Aidan DiMarco, It’s, DiMarco, they’re, we’re, Evelyn Schmidt, ” Schmidt, ’ ” Schmidt Organizations: CNN, Democratic, College Democrats, Wake Forest University, Muslim, Facebook, Biden, Democratic National Committee, Democrats, Harvard, Institute of Politics, Georgetown University, Harvard Institute of Politics, Trump, ”, University of Nevada, Meredith College, national College Democrats ’ Jewish, College Democrats ’, Democratic National, College Democrats of America, White, University of Wisconsin, Whitewater College Democrats, House Locations: Gaza, North Carolina, Israel, Washington , DC, “, Las Vegas, Biden’s Israel, Wisconsin

☆ Kendrick Lamar and Drake's beef explained, from its 2013 origins to their diss tracks "Push Ups" and "6:16 in LA" and latest responses
▼ + stars: | 2024-05-04 | by ( Ayomikun Adekaiyero | Eve Crosbie | ) www.businessinsider.com time to read: +26 min

Both rappers released diss tracks that took blistering personal shots on Friday night. "He doesn't have the heart for the lying, disrespect, and animosity it requires to make an effective diss track," Pierre wrote. Later in the track, Drake references Cole's diss track and apology. At the end of the track, Lamar samples a 1994 Tupac interview to simulate a conversation between the two rappers. "6:16 in LA" also parodies Drake's song titles, which often feature location names and timestamps.

Persons: Kendrick Lamar, Drake's, Drake, —, Lamar's fiancée Whitney Alford, Lamar, Aubrey Drake Graham —, Lamar dissed Drake, J, Cole, Rick Ross, Cole —, Taylor, Joseph Okpako, WireImage Lamar, Jermaine Cole, Big, Wale, Pusha, Meek Millz, Big Sean, Jay, Tyler, Mac Miller, Kunta, Lamar hasn't, Meek, Getty, Tim Mosenfelder, Aubrey, Muhammad Ali, Michael Jackson, Jackson, Prince, Mike Jack, Prince . Prince, “, rics, Organizations: Metro Boomin, Service, Future, Metro, HBO, Drake, Wireless, Lamar, Big, Rocky, Rap Locations: Drake's, Lamar, LA, Florida

☆ Fact check: Trump makes false courthouse claims about bail and his campaign schedule
▼ + stars: | 2024-05-03 | by ( Daniel Dale | Kristen Holmes | ) edition.cnn.com time to read: +4 min

Washington CNN —Continuing his barrage of courthouse deception, former President Donald Trump made more false claims about his Manhattan trial on Friday. Trump’s false claim about bailTrump said: “New York City is a violent city; it’s become violent with the cashless bail. I’m the only one who has to put up bail.”Facts First: Trump’s claim is false. Trump’s assertion that New York City is “a violent city” is subjective. Trump’s false claim about his scheduleTrump continued Friday to complain that the New York trial is preventing him from being on the campaign trail.

Persons: Donald Trump, Trump, —, it’s, “ Organizations: Washington CNN —, “, New, Republican, Miami, Prix, Georgia, North Carolina, Trump Locations: York, Fulton County , Georgia, New York, Washington , DC, Florida, Georgia, Ohio, Wisconsin, Michigan, Manhattan, Bedminster , New Jersey

☆ Lithium giant Albemarle’s plans to reopen a rich mine in North Carolina will take years to complete
▼ + stars: | 2024-05-03 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

Albemarle 's plans to reopen a resource rich lithium mine in North Carolina will take longer than originally expected as a collapse in lithium prices weighs on the company. Albemarle, a top lithium producer, had originally planned to reopen the Kings Mountain mine as early as late 2026 to increase domestic lithium production and support a U.S. electric vehicle battery supply chain. Kings Mountain could produce enough material to manufacture 1.2 million electric vehicles annually. There is currently only one operational lithium mine in the U.S. in Silver Peak, Nevada, which is owned by Albemarle. Albemarle does not have a precise date for when Kings Mountain will become operational, Norris said.

Persons: Albemarle, Eric Norris, It's, we've, Norris Organizations: CNBC, Kings Locations: North Carolina, Albemarle, U.S, Silver, , Nevada, Albemarle . Albemarle

☆ Biden presents Medal of Freedom to key political allies, civil rights leaders, celebrities and politicians
▼ + stars: | 2024-05-03 | by ( Michael Williams | Sam Fossum | ) edition.cnn.com time to read: +6 min

Washington CNN —President Joe Biden on Friday honored 19 Americans with the nation’s highest civilian honor, the Presidential Medal of Freedom - a diverse list that includes some high-profile Biden political allies, celebrities, civil rights leaders and even one of his former political rivals-turned-financial backer. The list included two of Biden’s core allies in the House of Representatives: former House Speaker Nancy Pelosi and South Carolina Rep. Jim Clyburn. President Joe Biden awards the Medal of Freedom to Democratic Rep. James Clyburn during a ceremony in the East Room of the White House on May 3, 2024 in Washington, DC. President Joe Biden presents the Presidential Medal of Freedom to Olympic swimmer Katie Ledecky during a ceremony at the White House in Washington, DC, on May 3, 2024. They are the pinnacle of leadership in their fields,” the White House said in the statement.

Persons: Joe Biden, Biden, Nancy Pelosi, Jim Clyburn, Pelosi, Donald Trump, “, ” Biden, “ Nancy, Paul, ” Clyburn, coalescing, Clyburn, James Clyburn, Kevin Dietsch, Jim, ”, Michael Bloomberg, Michelle Yeoh –, Barack Obama, Sen, Elizabeth Dole, Bob Dole, Al Gore –, John Kerry, George W, Bush, Gore “, Donald Trump’s, Kerry, Opal Lee, Medgar Evers, Frank Lautenberg, Jim Thorpe, Clarence B, Jones, Martin Luther King’s, Juneteenth, Judy Shepard, Matthew, Jane Rigby, Ellen Ochoa, Katie Ledecky, Phil Donahue, Greg Boyle, United Farm Workers Teresa Romero, Evelyn Hockstein, Simone Biles, John McCain, Gabby Giffords Organizations: Washington CNN, South Carolina Rep, Democratic, Representatives, Democratic Rep, White, New York, Bloomberg, Republican, Getty, Jesuit Catholic, United Farm Workers, Reuters “ Locations: South Carolina, Washington , DC, Florida, United States, North Carolina, Massachusetts, American, Delaware, Washington ,

☆ Amgen stock soars on weight loss injection progress as Novo Nordisk, Eli Lilly shares slide
▼ + stars: | 2024-05-03 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +4 min

That fueled investor concerns about new competition in the rapidly growing weight loss drug industry, sending shares of the current obesity players, Novo Nordisk and Eli Lilly , lower on Friday. Eli Lilly shares dropped nearly 3%, while Novo Nordisk's U.S.-traded shares fell more than 1%. Still, investors were pleased with Eli Lilly on Tuesday after the company assured them it can overcome ongoing supply constraints for its popular drugs. Eli Lilly hiked its full-year guidance in part due to optimism around increased production of Zepbound, its diabetes injection Mounjaro and similar drugs for the rest of the year. That signals Novo Nordisk is struggling to meet demand for the treatment.

Persons: Amgen, Eli Lilly, Bob Bradway, Bradway, Jay Bradner, autoinjector, Novo Nordisk's Wegovy, Eli Lilly's Zepbound, William Blair, Matt Phipps, Michael Yee, Amgen's Bradway, Karsten Munk Knudsen Organizations: Novo Nordisk, Novo Nordisk's, Jefferies, MariTide, Nordisk Locations: Novo Nordisk's U.S, North Carolina, Indiana, Ireland, Germany, U.S

☆ U.S. job growth totaled 175,000 in April, much less than expected, while unemployment rose to 3.9%
▼ + stars: | 2024-05-03 | by ( Jeff Cox | ) www.cnbc.com time to read: +1 min

Signage at a job fair at Brunswick Community College in Bolivia, North Carolina, US, on Thursday, April 11, 2024. The U.S. economy added fewer jobs than expected in April while the unemployment rate rose, reversing a trend of robust job growth that had kept the Federal Reserve cautious as it looks for signals on when it can start cutting interest rates. The unemployment rate ticked higher to 3.9% against expectations it would hold steady at 3.8%. Average hourly earnings rose 0.2% from the previous month and 3.9% from a year ago, both below consensus estimates and an encouraging sign for inflation. The jobless rate tied for the highest level since January 2022.

Persons: Dow Jones Organizations: Brunswick Community College, Reserve, Dow Locations: Bolivia , North Carolina, U.S

☆ Tiger Woods accepts special exemption to play the US Open
▼ + stars: | 2024-05-03 | by ( Jack Bantock | ) edition.cnn.com time to read: +4 min

CNN —Tiger Woods will tee up at the US Open for the 23rd time after accepting a special exemption to play the 124th edition of the major on Thursday. “The US Open, our national championship, is a truly special event for our game and one that has helped define my career,” Woods told the USGA. Woods celebrates sealing his second US Open title in 2002 after a three-shot victory at Bethpage Black in Farmingdale, New York. “The story of the US Open could not be written without Tiger Woods,” USGA Chief Championships Officer John Bodenhamer said in a statement. “My goal is to ruin the logo, I want to keep ruining the logo,” Woods told Carson Daly.

Persons: ” Woods, “ I’m, Timothy A, Clark, Woods, Tiger Woods, John Bodenhamer, “, ”, Scottie Scheffler, Jack Nicklaus ’, Carson Daly, Charlie, –, ‘, Wyndham Clark, Rory McIlroy Organizations: CNN, Pinehurst, Country Club, United States Golf Association, USGA, Bethpage, Getty, Torrey Pines, Augusta National, NBC’s Locations: North Carolina, Pinehurst, Bethpage Black, Farmingdale , New York, AFP, Los Angeles, Torrey, Florida

☆ White House counts jobs report as a win, though inflation path – and interest rate cuts – far from certain ahead of November
▼ + stars: | 2024-05-03 | by ( Kayla Tausche | ) edition.cnn.com time to read: +4 min

Within the walls of the White House, it was seen the same way, stoking relief among officials, who said the data hewed near the team’s own targets for ideal job creation. In the wake of the latest jobs report, many market participants are now expecting the Federal Reserve to begin cutting interest rates in September, potentially easing a source of consternation for voters. Mark Zandi, an economist at Moody’s cited frequently by the White House, said certain psychological thresholds will remain important as the election approaches. In the meantime, White House officials continue to watch the data carefully and refrain from declaring victory until it bears out the trajectory the Biden administration wants to see. “The best measure of inflation is inflation,” the official told CNN.

Persons: Joe Biden, Ron Klain, “, Mark Zandi, Moody’s, ” Zandi, Biden “, ” Biden, Mandel Ngan, – Biden, Biden Organizations: CNN, Federal Reserve, White, Biden, Democratic, Reserve, Wilmington Convention, Getty Locations: Wilmington, Wilmington , North Carolina, AFP

☆ US Marine Corps urgently modernizes its counter-drone capabilities to keep pace with Russia and China
▼ + stars: | 2024-05-03 | by ( Drew F. Lawrence | ) www.businessinsider.com time to read: +5 min

Read previewThe Marine Corps wants to field better counter-drone capabilities yesterday. Since that is not possible, the service says it's looking to get them to Marines right now, or at least very soon. Over the last five years, the Marine Corps has been improving its counter-drone systems as it looks to reshape the force and compete with near-peer adversaries. US Marines observed targets during a counter-unmanned aircraft system (UAS) range on Marine Corps Base Camp Lejeune in North Carolina. That challenge has only grown, according to officials Tuesday, and the need for the Marine Corps to thwart it is critical.

Persons: —, Steve Bowdren, It's, it's, Neil Mabini Bowdren, Stephen Lightfoot, Moises Sandoval Lightfoot, Camp, Military.com, Col, Brendan Sullivan, Lance Cpl, Anakin Smith, David Berger, Lightfoot Organizations: Service, Corps, Marines, Marine Corps, Modern, Business, Marine Air Defense Integrated Systems, US Navy, Marine Air Defense Integrated, Carter, . US Navy, Air Defense Battalion, Darwin, 1st Marine Division, Marine Corps Base, US Marine Corps, 24th Marine Expeditionary Unit, Light Marine Air Defense Integrated Locations: Washington ,, Russia, China, Yuma, Yuma , Arizona, Ukraine, Brig, Camp Lejeune, North Carolina

☆ How the US became hooked on sports betting – and the cost it’s having on lives
▼ + stars: | 2024-05-03 | by ( Thomas Schlachter | ) edition.cnn.com time to read: +11 min

“I noticed all my memories were really gambling related,” Malek explains to CNN Sport. So right where the AGA and the National Council for Problem Gambling is located – the nation’s capital – they abolished all public funds for problem gambling,” adds Whyte. Ramon Zelaya, the moderator of Reddit’s problem gambling forum, concurs. “I think the pace of innovation right now, particularly as it relates to fan engagement and betting, and in play betting and live betting will continue to increase,” said Maloney. Reportedly there were two specific games in which DraftKings Sportsbook flagged prop bets involving Porter in its daily betting insights.

Persons: CNN —, Saul Malek, he’d, “, ” Malek, I’d, Malek, ”, Michael Reaves, Getty, Dominick Reuter, Joe Maloney, ” Maloney, ” Keith Whyte, Maloney, “ We’re, Al Bello, Whyte, “ We’ve, LeBron James ’, DraftKings, you’re, Greg Olsen, Jared C, Tilton, Adam Silver, Silver, Ramon Zelaya, ” Zelaya, “ I’ve, Sportradar, expained, Candice Ward, Reuters Maloney, Jontay Porter, Porter, “ It’s, Brian Sevald Organizations: CNN, CNN Sport, Gamblers Anonymous, Saturday’s Kentucky Derby, Kentucky Derby, Supreme, District of Columbia, Super, American Gaming, Monmouth, Getty, “, Republicans, National Council, Belmont Park, ESPN, NCAA, NFL, NASCAR Hall of Fame, NBA, Reuters, Sporting, Toronto Raptors Locations: Saturday’s, Churchill, Nevada, Monmouth, Oceanport , New Jersey, AFP, America, New York, Belmont, District, –, North Carolina

☆ HGTV's new show 'Zillow Gone Wild' brings the popular Instagram account to life and shows off the one-of-a-kind homeowners behind the listings
▼ + stars: | 2024-05-03 | by ( Dan Latu | ) www.businessinsider.com time to read: +5 min

HGTV's new show "Zillow Gone Wild" premieres May 3rd. AdvertisementHost Jack McBrayer tours one "Zillow Gone Wild" home with its owner Tracy Turco. Zillow Gone Wild is now driven by mostly user submissions, its founder tells BI. The "Pink Palace" is one home featured on HGTV's new show "Zillow Gone Wild." "Zillow Gone Wild" airs 10:30 p.m. on Fridays on HGTV and is streaming on Max.

Persons: —, Jack McBrayer, Kenneth, Tracy Turco, Samir Mezrahi, Mezrahi, perusing, Dan Latu, Magda Gabor, Gabor, glamor, McBrayer Organizations: Service, HGTV, NBC, Hollywood Regency, Hollywood, Max Locations: Instagram, North Carolina, California, Palm Springs, Hollywood, Florida

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