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☆ The new power figures in hedge funds do not manage money
▼ + stars: | 2024-05-05 | by ( Matt Turner | ) www.businessinsider.com time to read: +4 min

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 . On the agenda:But first: Why Wall Street is so happy to see the job market slowing down. New data from Vanguard shows a two-tier job market: one divided between a blue-collar boom and a white-collar recession. Also read:AdvertisementiStock; Rebecca Zisser/BIThe portfolio-manager whisperersThe new power figures in hedge funds do not manage money.

Persons: —, it's, Brian Rose, It's, Christie Hemm, Jan Sramek, Goldman Sachs, Reid Hoffman, Marc Andreessen, Alyssa Powell, Stefano Spicca, Jenny Chang, Rodriguez, Rebecca Zisser, whisperers, Gates Organizations: Business, Service, Federal Reserve, Fed, UBS Global Wealth Management, Big, Silicon, California, Vanguard, Microsoft, Big Tech Locations: Austrian, Solano County, Napa, Sacramento, California, Silicon Valley, New York City

☆ TikTok has become a pseudo-shopping channel, and Gen Z has had enough
▼ + stars: | 2024-04-22 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +8 min

@ceevannn #stitch with @Renèe | Influencer Marketing these days, Katy Hearn’s products and branding dont move me to purchase. TikTok influencers stand above IG because of authenticity. As social media marketing evolved, so did the opportunity for influencers to work with more brands. Data shared with the outlet from a YPulse study found that 45% of 13 to 22-year-old respondents felt influencers don't have the sway they used to. Sophie Wood, the director of strategy at influencer marketing agency Fohr, told BI the influencer bubble hasn't burst, it's just changing.

Persons: —, Manrika Khaira, TikTok, it's, Zers, CeeVan, influencers, Katy, rogan, @Madeline Pendleton, Ashley Rector, Quimby, — influencers, Rector, Samantha Zink, Zink, Gen Z, Influencers, Catherine Falls, Sophie Wood, Wood, Hannah Witton, Witton, It's, Jessica Dante Organizations: Service, Business, Influencer, qvc, Federal, Quimby Digital, Zink Talent, Yahoo News, YouTube, Smart, BI, Love Locations: Catherine, London

☆ Russia's Advantage Over Ukraine Grows As Foreign Aid Dwindles
▼ + stars: | 2024-04-11 | by ( Erica Star Domena | Tamara Lindstrom | ) www.businessinsider.com time to read: 1 min

Low munitions put Ukraine in a desperate position as aid from allies stalls. Zelenskyy says the country is at risk of losing the war.

Persons: Zelenskyy Locations: Ukraine

☆ Here’s where BlackRock sees investment opportunities as demographics shift and the population ages
▼ + stars: | 2024-04-10 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

Aging population plays In developed markets with aging populations , health-care needs will rise, creating an investment opportunity in the sector, Li said. "The relative outperformance of the health-care sector is to be expected in the context of an aging population," Li said. It tracks the health-care sector of the S & P 500 . "An economy-wide, sustained productivity boom is very hard to achieve, especially in the context of the supply constraint coming from, among other things, demographic shortage, aging population," Li said. "If India is able to bring more people into the working population, especially women, that will significantly boost its growth trajectory," she said.

Persons: Wei Li, dwindles, BlackRock, Li, It's, it's Organizations: BlackRock, World Health Organization, United Nations, Healthcare, Bank Locations: BlackRock, Japan, U.S, Indonesia, Mexico, Saudi Arabia, South Africa, India, China

☆ Stocks making the biggest moves premarket: PVH, UnitedHealth, CVS Health, ChampionX and more
▼ + stars: | 2024-04-02 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

PVH — Shares of the Calvin Klein and Tommy Hilfiger parent tanked more than 21% on weak revenue guidance for the first quarter and full year. Humana , UnitedHealth — Health insurance managed care stocks declined after the Center for Medicare and Medicaid Services announced rates for the 2025 calendar year will increase 3.7%, as previously proposed. Humana shed 9.6%, while CVS Health tanked 5.3%. GE Aerospace — General Electric shares ticked higher by 0.6% after the company completed spinning off its energy business from its aerospace business. GE Vernova will begin trading on the New York Stock Exchange at market open under the ticker GEV, while General Electric — which becomes GE Aerospace — will keep the GE ticker symbol.

Persons: Calvin Klein, Tommy Hilfiger, Estee Lauder —, Estee Lauder, Blackstone — Blackstone, —, Sarah Min, Hakyung Kim, Jesse Pound Organizations: Center, Medicare, Services, CVS, UnitedHealth, Citi, Blackstone, UBS, Trump Media, Technology, Truth, Bank of America, GE Aerospace — General Electric, GE Vernova, New York Stock Exchange, General, GE Aerospace, GE, SLB Locations: Europe

☆ Taiwan needs more babies. But conservative traditions are holding back some fertility solutions
▼ + stars: | 2024-03-30 | by ( Eric Cheung | ) edition.cnn.com time to read: +8 min

Taipei, Taiwan CNN —For married Taiwanese men Alan Hung and Danny Huang, the process of having a biological child together was never easy. Cases like this are troubling to Chen Ching-hui, who last month became the first fertility specialist to win a seat in Taiwan’s parliament. Same-sex couples and single women are banned from accessing procedures such as in vitro fertilization (IVF) or egg freezing in Taiwan, while surrogacy is outlawed entirely. The issue is particularly pressing for Taiwan because, as its population dwindles, so do its military ranks. A nurse handling egg freezing inside a Taipei clinic run by fertility specialist, and now lawmaker, Chen Ching-hui.

Persons: Taiwan CNN —, Alan Hung, Danny Huang, “, ” Huang, Chen Ching, Hung, Huang, Aiden, Danny Huang “, Chen, –, Dr Chen Ching, Eric Cheung, ”, ” Chen, Hsueh, Chang, Paula Bronstein, Huang – Organizations: Taiwan CNN, CNN, Kuomintang, KMT, Communist Party, Taiwan’s Institute for National Defense and Security Research, Democratic Progressive Party, China Medical University Hospital Locations: Taipei, Taiwan, Russia, United States, Taiwan’s, China, East Asia, Japan, Singapore, Korea, Hong Kong, South Korea, Southeast Asia

UBS trimmed its price target on Tesla to $165 from $225, implying shares will hover around current levels for the foreseeable future. Nvidia shares have rallied more than 83% this year, building on 2024's nearly 239% gain as investors continue to bet on artificial intelligence. The firm holds an overweight rating on the stock, with its $820 price target implying about 11% downside from Wednesday's close. — Samantha Subin 5:38 a.m.: UBS trims Tesla price target, cites downside risks to deliveries UBS cut its price target on Tesla to $165 from $225 a share, citing slower electric vehicle demand in the U.S. and Europe, coupled with competition concerns in China. He also raised his price target to $68 from $55, which implies upside of 18% from Tuesday's close.

Persons: Goldman Sachs, Christopher Danely, Danely, — Samantha Subin, Joseph Spak, Spak, Wells, outperformance, Richard Ramsden, Ramsden, 2026E, Fred Imbert Organizations: CNBC, UBS, Citigroup, Citi, Nvidia, Devices, Broadcom, AMD, Micron Technology, Micron, NA Locations: U.S, Europe, China, Tuesday's

☆ Top executives say they’re training workers on AI. Managers and employees disagree
▼ + stars: | 2024-03-01 | by ( Rachel Curry | ) www.cnbc.com time to read: +6 min

There's a disconnect between the level of AI training that leadership teams believe they're giving their employees and the level of training that managers and employees think they're getting, research shows. Nearly three-quarters (73%) of C-suite executives believe their company fully embraces generative AI, including training for the technology, according to a 2023 Upwork survey. "Executives sometimes have a broad-brush approach to AI training," said Apratim Purakayastha, chief technology officer at Skillsoft. Plus, they were 1.9 times more likely to have a formal generative AI skills program in place for their workforce, as well as 3.8 times more likely to have a well-defined generative AI strategy. Generative AI, Monahan notes, can usher in a new era of productivity — if we let it.

Persons: Kelly Monahan, it's, Apratim Purakayastha, Monahan, Purakayastha, Job redesigns, Robert Solow, redesigns, that's, they're, — Organizations: Upwork's Research, IBM, Pew Research Locations: upskilling, American, Davos, Switzerland

☆ Warren Buffett's $168 billion cash pile signals he expects stocks to slide and a recession to strike, says top economist Steve Hanke
▼ + stars: | 2024-02-28 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Warren Buffett's company boosted its cash pile by $60 billion in 15 months to a record $168 billion. The investor may be expecting stocks to dive and a recession to hit, top economist Steve Hanke said. Buffett hit out at rank speculation and gambling on stocks, and Hanke voiced similar concerns. AdvertisementWarren Buffett's massive war chest signals that he expects stocks to tumble and the economy to tank, Steve Hanke says. Hanke echoed Buffett's complaint in his latest shareholder letter about the rise of reckless speculation and casino-style gambling on stocks.

Persons: Warren, Steve Hanke, Buffett, Hanke, —, Berkshire Hathaway, Johns Hopkins, Ronald Reagan, Goldman Sachs, Davidson, they've Organizations: Service, Johns, Toronto Trust, Buffett, Electric, Dow Chemical, Harley Locations: Berkshire, Toronto Trust Argentina

☆ Russia's war with Ukraine has its economy facing 'death by a thousand cuts,' economist says
▼ + stars: | 2024-02-26 | by ( Aruni Soni | ) www.businessinsider.com time to read: +2 min

Russia's war with Ukraine has its economy facing "death by a thousand cuts," a British economist wrote. Russia's economy seems to be getting along amid its protracted war in Ukraine and harsh sanctions from the West, but that can't go on forever, according to one economist. "Russia's economy faces death by a thousand cuts," British economist Roger Bootle wrote in the Telegraph on Sunday. In spite of heavy sanctions, Russia's economy actually grew 3.6% last year, faster than most countries in Europe, Bootle noted. War spending is booming, and as war production rises, its gains spill into other pockets of the economy.

Persons: Roger Bootle, Bootle Locations: Ukraine, British, Russia, Europe, Bootle

☆ South Korean companies are offering workers $75,000 to have babies amid the country's desperate bid for more children
▼ + stars: | 2024-02-26 | by ( Matthew Loh | ) www.businessinsider.com time to read: +2 min

Some South Korean companies are giving out $75,000 bonuses to employees who have kids. The fertility rate in South Korea was 0.78 in 2022, far lower than the 2.1 it needs to maintain its population. AdvertisementA South Korean firm is offering employees up to $75,000 to have children and help lift the country's ailing birth rate. The company will take responsibility and put all-out efforts to help the country increase the fertility rate," a company spokesperson, per the outlet. South Korean President Yoon Suk Yeol on February 13 ordered his administration to develop tax incentives and subsidies for companies that encourage their employees to have children.

Persons: —, dwindles, Yoon Suk Organizations: Booyoung, Ssangbangwool, Service, Korea Herald, Booyoung Group, CNN Locations: South Korea, Seoul, China, Japan, South

☆ Nvidia is 'printing money at this point.' What investors are doing after the chipmaker's earnings blowout
▼ + stars: | 2024-02-24 | by ( Samantha Subin | ) www.cnbc.com time to read: +5 min

The chipmaker surged 16% on Thursday after posting robust earnings and guidance , contributing to the stock's 59% year-to-date run as investors feast on artificial intelligence stocks. NVDA 1Y mountain Nvidia shares over the last year Nvidia's impressive stock run brings its valuation to elevated levels. That's left some analysts questioning whether earnings upside is already priced in to shares as others wonder how long this astonishing growth cycle can last. Those worries eased after the chipmaker offered its first set of blockbuster earnings numbers, cementing its formidable AI position. NVDA 5D mountain Nvidia shares this past week "It gives me confidence that this story lasts much longer," Harvest's Meeks said.

Persons: That's, Hua Cheng, heightening, Paul Meeks, Ken Mahoney, Greg Bassuk, Nvidia's, Goldman Sachs, Hari, Bernstein's Stacy Rasgon, Jensen Huang, Harvest's Meeks, Tim Arcuri, Cheng of Mirova, Huang Organizations: Nvidia, Portfolio Management, AXS Investments, UBS Locations: Mirova, Charleston , South Carolina

☆ The 2024 Met Gala theme has been announced — along with four superstar co-chairs
▼ + stars: | 2024-02-15 | by ( Leah Dolan | ) edition.cnn.com time to read: +3 min

CNN —Fashion’s biggest night of the year is just around the corner, and the Met Gala red carpet theme has finally been announced — along with superstars Zendaya, Jennifer Lopez, Bad Bunny and Chris Hemsworth as this year’s co-chairs. Florals are sure to abound on this year’s red carpet thanks to the theme “The Garden of Time,” but the novel it takes inspiration from has darker undertones. (Pictured above: Rihanna at the 2023 Met Gala.) “One thing I hope this show will activate is that sensorial appreciation of fashion.”The year’s co-chairs — alongside Vogue editor-in-chief, Anna Wintour — include Met Gala mainstays and debuts. The Met Gala theme often vacillates between straightforward retrospectives (such as the event’s 1996 homage to Christian Dior, and the 1997 theme dedicated to Gianni Versace) and more artful, subjective prompts.

Persons: CNN —, Zendaya, Jennifer Lopez, Bad Bunny, Chris Hemsworth, J, Ballard, Princess Aurora, Rihanna, Dimitrios Kambouris, ” Andrew Bolton, Wendy Yu, Anna Wintour —, Hemsworth, Loewe, Jonathan Anderson, Shou Zi Chew, Karl Lagerfeld’s, Christian Dior, Gianni Versace, Count Axel Organizations: CNN, New, Metropolitan Museum of Art, Vogue Locations: British

☆ Days from government shutdown, Speaker Johnson may need short-term spending bill he previously opposed
▼ + stars: | 2024-01-10 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

Senate Republicans repeatedly said this week that a short-term spending bill may be necessary to keep the government open, a harsh reality for House Speaker Mike Johnson, who is balancing a looming shutdown deadline with the demands of hardline Republicans. The last temporary spending bill Congress passed, in November, established a laddered schedule of funding deadlines, the first on Jan. 19 and the other on Feb. 2. Meanwhile, eyes are on Johnson to follow through on the hardline Republican demands he was elected to champion. If not, he could meet the same fate as his predecessor, former House Speaker Kevin McCarthy, R-Calif., who was ousted in part for conceding to Democrats to avoid a government shutdown. While following through on the hardline demands would earn Johnson points with some House Republicans, it makes negotiating with Democrats harder, adding time to budget talks that he does not have.

Persons: Mike Johnson, Jan, Sen, John Cornyn, John Thune, Mitch McConnell, Johnson, Kevin McCarthy, Donald Trump, Hugh Hewitt, dwindles, Chuck Schumer Organizations: U.S, Capitol, Republicans, Republican, CRs, Street Locations: Texas, Ky

☆ Gen Z may be on track to kill middle management
▼ + stars: | 2023-12-05 | by ( Lindsay Dodgson | Sawdah Bhaimiya | ) www.businessinsider.com time to read: +12 min

The result may be that Gen Z largely kills off middle management roles for good. AdvertisementIt may even be that Gen Z kills off middle management for good. Success looks different to Gen ZBen Voyer, an ESCP Business School professor and founder of the Gen Z Observatory, told BI that his research showed that "success takes many more different forms" for Gen Z workers. Advertisement"It seems like the employees like to blame the middle managers, and the leadership likes to blame middle managers," she said. AdvertisementKing also agreed that Gen Z rejecting middle management is not because they're work-averse or lazy.

Persons: —, Wendy, — millennials, Zers — Wendy, wasn't, Millennials, Gen Zers, Vivian Lynn, dwindles, Z Ben Voyer, Michelle P, Netflix's, it's, King, Morgan Sanner, they're, Sanner, Voyer, there's, Gen, Zers, they'll, haven't, millennials, Lynn, she's Organizations: Service, Business School, Resource Solutions, American Staffing, Harris, Pew Research Center Locations: America

☆ A 43-year-old who poured everything into becoming a millionaire shares the realization that made him stop 'obsessing' over his wealth — and why he's much happier now
▼ + stars: | 2023-12-03 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

Don, 43, is a self-made millionaire who used to place immense pressure on himself to earn more money. He's now focusing on other things in his life, like his kids, that bring him more happiness than wealth ever could. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Advertisement'You need the humility that it can be taken away from you'Don said his upbringing largely influenced the way he now thinks about money and wealth. "So what are those things that you do have in your life that money can't measure?

Persons: Don, —, he's, it's, That's Organizations: Service, Federal, New York Federal, Suffolk University Sawyer Business School, USA

☆ The Dilemmas of a Petrostate Preparing to Host a Climate Summit
▼ + stars: | 2023-11-29 | by ( Vivian Nereim | More About Vivian Nereim | ) www.nytimes.com time to read: +1 min

The choice of a leading oil producer, the United Arab Emirates, to host this year’s U.N. climate talks has angered environmental activists. But for the Emirates and other countries both highly dependent on oil and deeply vulnerable to rising temperatures, grappling with climate change is an urgent dilemma for them, too. If the world abandons oil too quickly, the powerful authoritarian state that the Emirati rulers have built in 50 years could crumble as the revenue that finances much of their budget dwindles. It is an extreme example of the choices faced by many other countries as well in a world addicted to fossil fuels. “Our leadership are very future-oriented and already many years ago understood how important it is for us to diversify,” Mariam Almheiri, the Emirati minister of climate change and environment, said in an interview last week.

Persons: ” Mariam Almheiri Organizations: United Arab, Emirates Locations: United Arab Emirates, Emirates

☆ US pushes for extension of Gaza pause, but the possibility of war raging again looms large
▼ + stars: | 2023-11-27 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

The Israeli Cabinet has discussed the idea and Prime Minister Benjamin Netanyahu told Biden in a call Sunday an extension would be welcome, his office said in a statement. In the short term, Israel and Hamas both appear to have strong reasons to continue the truce. Why the Gaza pause may eventually unravelAn extended pause in the fighting would play into humanitarian aims, but time may be short before the strategic goals of Israel or Hamas shift. In another sign that differences over the package could lead to further delays, Sen. Chris Murphy said he’d be open to conditioning Israeli aid on the protection of Palestinian civilians. And Israeli President Isaac Herzog told CNN’s Wolf Blitzer in an interview Sunday that he supported the idea for an “international coalition” to monitor Gaza after Hamas had been eradicated in the war.

Persons: Joe Biden, Benjamin Netanyahu, Biden, Netanyahu, Jason J, Eaton, –, Israel, ”, Ben Hodges, Israel’s, Jake Sullivan, “, ” Sullivan, Abigail Edan, she’d, ’, Chris Christie, CNN’s Dana, Christie, Chuck Schumer, Donald Trump, Mike Turner, NBC’s “, Sen, Chris Murphy, he’d, Isaac Herzog, CNN’s Wolf Blitzer Organizations: CNN, Qatar –, Israel, Burlington Police Department, Police, Hamas, Biden, Democratic Party, Younger, GOP, New, Democratic, House Republicans, Internal Revenue Service, Pro, Donald Trump Republicans, Senate Republicans, House, Ohio Republican, Connecticut Democrat, Union Locations: Gaza, Israel, Washington, Nantucket , Massachusetts, Qatar, Vermont, “ State, American, Michigan, New Jersey, Ukraine, Connecticut, United States

☆ As Groundwater Dwindles, Powerful Players Block Change
▼ + stars: | 2023-11-24 | by ( Christopher Flavelle | Mira Rojanasakul | ) www.nytimes.com time to read: +19 min

They serve on the board of Groundwater Management District 3, which since 1996 has overseen the pumping of 16.2 trillion gallons of groundwater — enough to fill Lake Mead, the country’s largest reservoir, twice over. From Maryland to Hawaii groundwater levels are falling, often the result of overpumping and underregulation, made worse by climate change. Groundwater Levels at Goldstrike Mine Observation wells at Goldstrike show a pattern of immense groundwater withdrawals. “And money talks.”Kansas City Groundwater Management District 3 KANSAS Wichita KANSAS Groundwater Management District 3 Kansas City Groundwater Management District 3 KANSAS WichitaGrowing corn in the Kansas drylandsIn Kansas, the power of the men who run Groundwater Management District 3 is enormous. Groups like Groundwater Management District 3 have until 2026 to come up with plans to sustain groundwater.

Persons: Lake Mead, —, Catherine Hospital —, we’re, ”, Lindsay Vaughn, David Robert Elliott, Joe Newland, Nevada Adam Sullivan, Christina Erling, Erling, Adam Sullivan, Emily Najera, Kim Raff, Julie Pazina, ” Barrick, Michael McCarthy, Barrick, ” Mr, McCarthy, Michael H, Taylor, Patrick Donnelly, don’t, Helena Billings, it’s, Galt, Wylie Galt, Bill Galt, Dutton, Wylie, Errol Galt, Galt’s, Matthew Hamon, The New York Times Eugene Graf, Montana homebuilders, The New York Times Montana, Brad Dundas, Dundas, Mr, John Tubbs, Tubbs, The New York Times Errol Galt, Eugene Graf, Graf, Guy Alsentzer, “, Lucas Bessire, Vaughn, Newland, Mark Rude, Kan, The New York Times Mark Rude, Ms, Lall, Ali Zaidi, Biden, Jared Huffman, Huffman Organizations: Groundwater Management, Walmart, State, The New York Times, Kansas Farm Bureau, New York Times, NEVADA Carson City Las, Barrick, Carson City Las, NEVADA Carson City, North, Barrick Gold Corporation, Nevada Gold Mines, Nevada, of Water, University of Nevada, Center for Biological Diversity, Republican, Representatives, The Times, Galt, state’s Department of Natural Resources, The New York, Montana Fish, Montana Building Industry Association, KANSAS, KANSAS Wichita KANSAS Groundwater Management, KANSAS Wichita, Kansas drylands, Management, Kansas City Topeka, Kansas City, Topeka Wichita, Survey, University of Oklahoma, Groundwater, Kansas, Columbia Water Center, Columbia University, Natural Resources Defense Council, Marin Municipal Water District, Fisheries Locations: United States, Garden City, Kan, America, Lake, Kansas, Maryland, Hawaii, Barrick, NEVADA Carson, Carson, Nevada, Canada, Goldstrike, North America, Barrick’s, ” MONTANA, Helena, Bozeman MONTANA, Helena Billings Bozeman, Montana, Galt, ”, Broadwater County, Elk, Confederate, Sulphur Springs, Mont, Upper Missouri, Townsend, ” Kansas, Groundwater Management District, KANSAS Wichita KANSAS, KANSAS Wichita KANSAS Groundwater Management District, KANSAS, Kansas drylands In Kansas, District, Wichita, Kansas City Topeka, Management District, Topeka, Kansas City, Arkansas, Washington, California, Marin

☆ US second home sales slide in pandemic-era vacation hot spots
▼ + stars: | 2023-10-30 | by ( Amina Niasse | ) www.reuters.com time to read: +4 min

And as secondary home activity dwindles, some smaller housing-related businesses in leisure hot spots say they are feeling the pinch as well. “Services for existing rentals has grown, but services for larger ticket remodeling work on new vacation rentals has stopped," said Tim Allen, owner of Kopa Home Services, based in Flagstaff, Arizona. Allen has had to decrease unit prices in his separate vacation rental business, Local Vacation Team, to keep occupancy figures above market. For Flagstaff, that figure is 14%, according to data from AirDNA, a short-term rental data provider. "With the acceleration of the creation of vacation rentals during the pandemic, now if visitors are at 1,000, there are 3,000 rentals available,” he said.

Persons: Kevin Lamarque, ”, Chuck Tuttle, they’re, ” Tuttle, Tuttle, Tim Allen, Jessica Lautz, Allen, “, Amina Niasse, Daniel Burns, Bill Berkrot Organizations: REUTERS, National Association of Realtors, William, Hilton, Lake Havasu, Federal Reserve, Mortgage Bankers Association, realtors, “ Services, Kopa Home Services, NAR, Thomson Locations: Island , South Carolina, U.S, Lake Havasu City , Arizona, William Raveis, Cape Cod, Massachusetts, Lake, Lake Havasu City, Flagstaff , Arizona, Flagstaff, AirDNA

☆ One month on, the Israel-Hamas conflict explained
▼ + stars: | 2023-10-28 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +12 min

The conflict has led to a humanitarian catastrophe in Gaza, with more than 10,000 people killed there, according to the Palestinian health ministry in Ramallah. Unlike some other Palestinian factions, Hamas refuses to engage with Israel and does not recognize its right to exist. Palestinian Hamas members in Gaza City ride an armored vehicle seized from Fatah, a rival Palestinian political party, during a celebration rally in June 2007. The Pentagon last month ordered a second carrier strike group to the eastern Mediterranean and sent Air Force fighter jets to the region. On Israel’s northern border, Iran-backed Hezbollah has engaged in an exchange of fire since the Gaza war began.

Persons: CNN —, Fadel Senna, Israel hasn’t, Abed Rahim Khatib, Israel, Abid Katib, Yahya Hassouna, Joe Biden, ”, Benjamin Netanyahu, Biden, Netanyahu, –, Hussein Malla, Houthis, General Hassan Nasrallah Organizations: CNN, Palestinian, Hamas, United Nations, Getty, Al, Najjar, European Union, Oslo Accords, Palestine Liberation Organization, PLO, Israel, Palestinian Authority, West Bank, Fatah, Humanitarian Affairs, UN’s, Works Agency for Palestine Refugees, World Health Organization, WHO, UN, US, Pentagon, Air Force Locations: CNN — Israel, Gaza, Israel, Ramallah, Jerusalem, AFP, Aqsa, Gaza City, Rafah, Egypt, United States, Oslo, Palestinian, Sinai, Jordan, Iran, Washington, Qatar, Aita, Lebanese, Lebanon, Syria, Iraq, Yemen’s Iran

☆ Donor revolt at Harvard and UPenn over Israel shows big checks often have strings attached
▼ + stars: | 2023-10-24 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +8 min

New York CNN —Big money donations are booming at America’s colleges, helping fund higher education for millions of students. The biggest donors often sit on universities’ board of trustees, which governs the university and selects university leadership, priorities and direction. The donor backlash at the University of Pennsylvania and uproar at Harvard University over Israel and Palestine highlight how big donations often come with demands for changes to university policy and politics. The backlash has raised questions about the influence big donors wield and pressure donors may exert over leadership, hiring decisions and academic affairs. Restricted giftsMore donations are coming with strings attached, rather than letting schools spend their donations however they want.

Persons: ’, ”, Cliff Asness, James Finkelstein, David Callahan, George Mason, Nikole Hannah, Jones, Rob Reich, “, Ann Marcus Organizations: New, New York CNN, University of Pennsylvania, Harvard University, Harvard, George Mason University, Faculty Senate Tri, Council, Advancement, “, ”, Aid, Education, Critics, Indiana University, George, Koch Foundation, Yale University, University of North, Chapel, Michigan State, Stanford University, Universities, New York University, NYU’s Steinhardt, of Higher Locations: New York, Israel, Palestine, University of North Carolina, Saudi Arabia, Qatar, Kuwait

☆ Pence’s 2024 Bid Confronts Murky Future, as Campaign Cash Dwindles
▼ + stars: | 2023-10-18 | by ( Trip Gabriel | More About Trip Gabriel | ) www.nytimes.com time to read: +1 min

At a town hall-style event hosted by the right-wing broadcaster Newsmax on Tuesday, Mike Pence was asked questions about Israel, Ukraine and the disarray among House Republicans — all of which he answered in familiar ways. But he was not asked about the one subject that may now matter more than any of his policy views: his campaign’s perilous financial state. A campaign finance report that Mr. Pence filed over the weekend painted a dire picture. The former vice president had just $1.2 million in his campaign account, a skimpier reserve than any of the six Republican rivals he shared a debate stage with last month. Mr. Pence has struggled to achieve the goal he announced when he rolled out his campaign in June — to “reintroduce” himself to voters as his own man, allowing him to step out from the shadow of Donald J. Trump.

Persons: Mike Pence, Republicans —, Pence, —, ”, Donald J, Trump, Reagan Organizations: Republicans, Republican Locations: Israel, Ukraine

☆ Why is movie candy sold in boxes?
▼ + stars: | 2023-10-14 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +4 min

That last part feels wrong, probably, because at the movies, candy comes in a box. Movie theaters are not the only place to buy boxed candy — you can get boxes of chocolate or candy at some drug stores or online — but even then they’re called theater box candy, a label that undeniably links the package with the movies. A spokesperson for Mars Wrigley, maker of M&M’s and Skittles, made a similar point, noting that candy sold in “boxes in movie theaters is easier to pour and share, compared to traditional packaging, and boxes offer the ability to re-close.” That means less spilling in between seats. The principle is the same for movie theater candy. “Theater boxes take their name from being available in movie theaters or other retail establishments that might have shelving,” he said.

Persons: ”, Keith Domalewski, Mike, Ike, Mars Wrigley, Patti McConville, you’re, Chris Gindlesperger, “, Gindlesperger, ” Gindlesperger, Matthew Staver, Marcia Mogelonsky, It’s, ” Mogelonsky Organizations: New, New York CNN, Mars, National Confectioners Association, Bloomberg, Getty Locations: New York

☆ Netflix to end Kenyan free access plan after two years
▼ + stars: | 2023-10-09 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Dado Ruvic Acquire Licensing RightsNAIROBI, Oct 9 (Reuters) - Netflix (NFLX.O) said on Monday it is ending its free mobile plan in Kenya, which has allowed users to access a quarter of its shows and movies without paying over the past two years. "We definitely learnt a lot from the test," a Netflix spokesperson told Reuters, without giving details. Netflix is rolling out an advertisement-supported plan, offering subscribers a monthly plan at 4.99 pounds ($6.07), but the spokesperson did not comment on its availability in Kenya. Although low middle-income economies like Kenya offer streaming services big opportunities for subscriber growth, they also pose challenges as purchasing power dwindles due to inflation, industry executives said. Under the free plan, which will end on Nov. 1, viewers were able to watch Western-produced shows like "Money Heist" and "Bridgerton", and African ones like "Blood & Water".

Persons: Dado Ruvic, Duncan Miriri, Aaron Ross, Alexander Smith Organizations: Netflix, REUTERS, Rights, Thomson Locations: Rights NAIROBI, Kenya, Africa

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