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☆ 3 catalysts we learned from earnings that should push our industrial stocks higher
▼ + stars: | 2024-05-05 | by ( Morgan Chittum | ) www.cnbc.com time to read: +8 min

The industrial-focused names in the Club's portfolio wrapped up a pretty solid earnings season last week, but their stocks were largely not rewarded. AI spending First, a surge in AI investments was welcomed news for Eaton, DuPont and Linde. "Everything was about as perfect as you can get this quarter," Jim Cramer said after the print. LIN YTD mountain Linde (LIN) year-to-date performance Linde posted mixed a quarterly Thursday — an earnings beat but a revenue miss. Destocking Destocking, or whittling down excess inventory, was important at Stanley Black & Decker, DuPont, and Honeywell.

Persons: toolmaker Stanley Black, Linde, DuPont, Eaton, Craig Arnold, Jim Cramer, Ed Breen, Jim, Sanjiv Lamba, Stanley Black, Decker, Wall, SWK, destocking, Vimal Kapur, Kapur, Lamba, Matthew White, Price, we're, Jim Cramer's Organizations: Honeywell, Eaton, DuPont, Linde, Electrical, workloads, Club, de Nemours, Management, LIN, The, Stanley, Supply, Technologies, CNBC, Power Locations: Eaton, U.S, Pleasanton , California

☆ Ukraine is defying the US over strikes on Russian oil refineries. Experts say it's a necessary risk.
▼ + stars: | 2024-04-29 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +8 min

While the US dithered over aid, Ukraine had a robust argument for prosecuting the war pretty much as it pleased. "Taking out a particular refinery is not going to immediately undermine Russia's war effort," said Dailey, the RAND strategist. "But consistently putting pressure on Russia's oil sector would have a significant impact on Russia's ability to fight this war." AdvertisementVakulenko, in his article, also noted that that strikes on Russian oil refineries have "little impact on Russian export earnings." Later, Ukraine said that its attacks had reduced Russian oil production and processing by 12%.

Persons: —, Ann Marie Dailey, Rafael Loss, Joe Biden's, Marina Miron, Dailey, Volodymyr Zelenskyy, Olga Tokariuk, Tokariuk, Donald Trump, Miron, Whittling, Celeste Wallander, Lloyd Austin, Sergey Vakulenko, There's, Sir Tony Radakin, Biden, James Patton Rogers, Patton Rogers Organizations: Service, White, Telegraph, Business, RAND Corporation, European Council, Foreign Relations, Washington Post, Department of, King's College, London's, House, Carnegie, RAND, Financial, Cornell Brooks Tech Policy Institute, Ukraine Locations: Ukraine, Krasnodar, King's College London, Russia

☆ Ukraine must win back the battlefield initiative to have a chance to stop Russia
▼ + stars: | 2024-04-13 | by ( Michael Peck | ) www.businessinsider.com time to read: +7 min

Victory in the Ukraine war may come down to a simple question: which side has the initiative? If Russia can retain the initiative, it can launch constant offensives with its larger forces that will drive Ukrainian defenders to the breaking point. For Ukraine, gaining the initiative has become existential: it has to keep Russia off balance, or its forces will be worn down responding to Russian offensives. Ukraine simply cannot afford to go on the defensive and expect this will stop Russia, Barros said. To seize the initiative, Ukraine needs to know that it will receive a steady and reliable stream of Western aid, rather than sporadic deliveries.

Persons: We've, George Barros, Napoleon, Barros, they're, Michael Peck Organizations: Service, Ukraine, U.S, Staff, NATO, British Challenger, Ukrainian, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Ukraine, Russia, Europe, Israel, Russian, Nazi Germany, Soviet, Ukrainian, Forbes

☆ 37 'Bachelor' contestants who eliminated themselves
▼ + stars: | 2024-03-26 | by ( Gabbi Shaw | ) www.businessinsider.com time to read: +1 min

Most people get eliminated from "The Bachelor" when they don't receive a rose. Daisy Kent left Joey Graziadei before he could break up with her during the March 2024 finale. Advertisement"The Bachelor" and its subsequent spinoffs have aired on ABC for 22 years and dozens of seasons. The most recent season, season 28, starred Joey Graziadei and hit ratings highs that the franchise hasn't seen since 2022. Here are 36 other "Bachelor" and "Bachelorette" contestants who left before getting a rose.

Persons: Daisy Kent, Joey Graziadei, — Organizations: Service, ABC

☆ I've taken my kids, 6 and 12, on dozens of camping trips. I enjoy them more than traditional vacations.
▼ + stars: | 2024-03-03 | by ( Saba Khonsari | ) www.businessinsider.com time to read: +6 min

The simplicity of our camping trips gives me room to rest and reset, and we connect more. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In the fall of 2020, during the height of pandemic hobby acquisition, our family of four set out on our first car camping trip. It's now three years later, and in the time since, we've been on over two dozen camping trips. There is always an element of inconvenience and discomfort in camping, even the rudimentary car camping we do.

Persons: we've, —, It's, I've, Saba Khonsari, Saba Organizations: Service, Huntsville Locations: Costa Rican, rejuvenating

☆ Nearly 153,000 people will be notified that their student loan debt is canceled
▼ + stars: | 2024-02-21 | by ( Katie Lobosco | ) edition.cnn.com time to read: +8 min

Washington CNN —Nearly 153,000 student loan borrowers currently enrolled in a new repayment plan launched by the Biden administration are expected to get an email Wednesday notifying them that their remaining federal student loan debt will be canceled, totaling about $1.2 billion. Biden’s plans to provide student debt relief were dealt a significant blow when the Supreme Court rejected his signature student loan forgiveness program last year. Nearly $138 billion of federal student loan debt has been canceled for almost 3.9 million borrowers since Biden took office. Most of the federal student loan debt cancellations that have taken place under Biden have come through programs that existed before he took office. The PSLF program cancels outstanding federal student loan debt for public-sector workers who have made 120 qualifying monthly student loan payments, or about 10 years’ worth of payments.

Persons: Biden, Joe Biden, Biden’s, “, ” Biden, he’s, Trump, Betsy DeVos, CNN’s Nikki Carvajal, Kevin Liptak Organizations: Washington CNN, Republican, Department of Education, SAVE, of Education, Office, PSLF, Corinthian Colleges, Social Security Administration, Department of Veterans Affairs, Department, Education, Social Security Locations: Culver City , California

BOULDER, Colo. (AP) — Charisma Osborne scored 22 points and Lauren Betts added 20 as fifth-ranked UCLA overcame an early nine-point deficit to beat third-ranked Colorado 76-68 Friday night in the first top-five matchup in the country this season. The crowd of 11,338 was a record for a women's game at Colorado and represented the team's first sellout since March 17, 1995. Colorado: Frida Formann went in to shoot the free throw when Sherrod fell hard after getting fouled on a layup. While Sherrod went to the bench briefly, Formann nailed the free throw that put Colorado ahead 32-24. ... C Charlotte Whittaker, who made her first 3-pointer in three years in the Buffs' victory over Stanford on Sunday, nailed another in the second quarter against the Bruins.

Persons: — Charisma Osborne, Lauren Betts, Jaylyn Sherrod, Betts, Frida Formann, Sherrod, Formann, Charlotte Whittaker, ___ Organizations: UCLA, Colorado, Bruins, USC, Buffaloes, Buffs, Osborne’s, Stanford, NEXT UCLA, AP, womens Locations: BOULDER, Colo, Centennial , Colorado, Colorado, Utah, California

☆ Big Tech had a huge 2023. Why it may be time to part with some of your winners
▼ + stars: | 2024-01-11 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +6 min

If you rode your Big Tech winners into the new year, now might be the time to consider whittling down a few of those overweight positions. "It's the only way to consistently buy low and sell high, but no one ever wants to do it," duQuesnay said. He noted that the iShares Russell 2000 ETF (IWM) is a good way to get broad exposure to the space. The Federal Reserve's rate-hiking campaign made yields on an array of assets, ranging from Treasurys to money market funds, attractive. Ethridge, who bought six- and 12-month brokered certificates of deposit for clients in 2023, is going for longer-dated instruments these days.

Persons: rebalancing, Blair duQuesnay, duQuesnay, Morningstar, Amy Arnott, Arnott, it's, Barry Glassman, Russell, didn't, Malcolm Ethridge, Ethridge, Tesla, Glassman Organizations: Big Tech, Microsoft, Nvidia, Tesla, Ritholtz Wealth Management, Wealth Services, Wealth, AMD, Federal, Taxpayers Locations: New Orleans, North Bethesda , Maryland, Rockville , Maryland, rebalance

☆ NBA roundup: Down 2 starters, Celtics still top 76ers
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +5 min

Derrick White added 27 points and Jrue Holiday contributed 18 points and 10 rebounds for the Celtics, who have won four games in a row. De'Aaron Fox scored 28 points and Kevin Huerter matched his season high with 28 points while making six 3-pointers for the Kings in the opener of a six-game road swing. D'Angelo Russell added 28 points. Bogdan Bogdanovic led the Hawks with a season-high 28 points. Max Strus registered 14 points and seven assists and Jarrett Allen had 11 points, nine rebounds and three blocked shots for the Cavaliers.

Persons: Jayson Tatum, Tobias Harris, Bill Streicher, Derrick White, Jrue Holiday, Jaylen Brown, Kristaps, Joel Embiid, Tyrese Maxey, Robert Covington, De'Anthony Melton, Devin Booker, Kevin Durant, Booker, Eric Gordon, Grayson Allen, Drew Eubanks, Josh Okogie, Karl, Anthony Towns, Mike Conley, Anthony Edwards, Jaden McDaniels, Naz Reid, Rudy Gobert, Tim Hardaway Jr, Luka Doncic, Hardaway, Doncic, Irving, Damian Lillard, Malik Beasley, Giannis Antetokounmpo, Scottie Barnes, Jakob Poeltl, Domantas Sabonis, De'Aaron Fox, Kevin Huerter, LeBron James, D'Angelo Russell, Julius Randle, Jalen Brunson, Immanuel Quickley, Bogdan Bogdanovic, Jalen Johnson, Paolo Banchero, Bitadze, Orlando, Zach LaVine, Anthony Black, Donovan Mitchell, Evan Mobley, Caris LeVert, Max Strus, Jarrett Allen Organizations: Boston Celtics, Philadelphia 76ers, Wells, Wells Fargo Center, Celtics, Sixers, Suns, Timberwolves, Phoenix, Wolves, Mavericks, Wizards, Washington, Bucks, Raptors, Milwaukee, Toronto, Lakers, Sacramento, Knicks, Hawks, New York Knicks, Atlanta, Bulls, Orlando, Chicago, Cavaliers, Trail Blazers, Blazers, Cleveland, Thomson Locations: Philadelphia , Pennsylvania, USA, Wells Fargo, Minnesota, Dallas, Los Angeles, Chicago, Orlando, Cleveland, Portland

☆ Cramer discusses when to hold, fold or walk away from a stock in your portfolio
▼ + stars: | 2023-11-15 | by ( Jim Cramer | ) www.cnbc.com time to read: +9 min

We certainly didn't want to trade Apple and Nvidia – the Club's two 'own it, don't trade it' stocks – as so many did. No, what got to me was a chartist saying that Nvidia's stock had the worst technical shape of any stock in the entire market. Hindsight says I should have known to walk away, but I have been in and around this stock almost my entire life. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: It's, Kenny Rodgers, I've, Emerson, Goldman Sachs, we're, Walt Disney, it's, Bausch, Jim Cramer's, Jim Cramer, Jim, Alexi Rosenfeld Organizations: Apple, Nvidia, Intel, Devices, Federal, Starbucks, Procter & Gamble, GE HealthCare Technologies, National, Goldman, Walt, Netflix, Jim Cramer's Charitable, CNBC, Fifth, Getty Locations: U.S, China, Emerson, New York City

☆ Air freight demand has cooled so much, FedEx is telling its pilots to fly for American Airlines instead
▼ + stars: | 2023-11-07 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

FedEx is encouraging its pilots to apply for a job with PSA Airlines, a unit of American Airlines. The move came on the back of a decline in air cargo demand. FedEx employs around 5,800 pilots globally, while PSA Airlines has about 1,900 pilots. Interested FedEx pilots are eligible for an expedited interview process for a captain's position with PSA Airlines, according to the latter's online recruitment page. PSA Airlines is also offering FedEx pilots $250,000 in sign-on bonuses.

Persons: —, Pat DiMento, FreightWaves Organizations: FedEx, PSA Airlines, American Airlines, Service

☆ Student loan forgiveness: How Biden continues to cancel debt after Supreme Court ruling
▼ + stars: | 2023-10-22 | by ( Katie Lobosco | ) edition.cnn.com time to read: +9 min

Washington CNN —Although the Supreme Court struck down President Joe Biden’s signature student loan forgiveness program in late June, his administration has found ways to cancel more than $48 billion in debt since then. That’s more student loan forgiveness than was granted under any other administration – in part due to the Biden administration’s efforts to temporarily expand some debt relief programs and to correct past administrative errors made to borrowers’ student loan accounts. Expanding debt relief program for public-sector workersNearly $51 billion of student loan debt has been canceled for 715,000 borrowers through the Public Service Loan Forgiveness program since Biden took office. The PSLF program cancels outstanding federal student loan debt for public-sector workers who have made 120 qualifying monthly student loan payments, or about 10 years’ worth of payments. Nearly 513,000 borrowers with a total and permanent disability have received $11.7 billion in student loan forgiveness since 2021.

Persons: Joe Biden’s, Biden, Trump, they’d, –, “, Virginia Foxx, ”, Abby Shafroth, Shafroth, Betsy DeVos Organizations: Washington CNN, of Education, Office, Congress, ”, CNN, Department of Education, Republican, Education, White, New Civil Liberties Alliance, Cato Institute, Mackinac Center for Public Policy, National Consumer Law Center, Loan, Public, PSLF, University of Phoenix, Corinthian Colleges, Social Security Administration, Department of Veterans Affairs, Department, Social Security Locations: Michigan

It was unclear whether he would be able to unite his party enough to prevail in a floor vote expected on Tuesday. In a letter to Republicans, Jordan acknowledged those differences and promised to prioritize military and spending legislation. It was unclear how many Republican lawmakers still opposed Jordan's bid, sources familiar with internal Republican discussions said on Monday. 2 House Republican Steve Scalise, who won the endorsement last week but then withdrew after he was not able to consolidate support. 3 House Republican Tom Emmer, conservative Representatives Kevin Hern and Byron Donalds as well as acting Speaker Patrick McHenry, who is presiding over the speaker election.

Persons: Jim Jordan, Republican Jim Jordan, whittling, Jordan, Kevin McCarthy's, Israel, Vern Buchanan, Republican Steve Scalise, Chip Roy, Erik Erickson, Andy Ogles, McCarthy, TRUMP, Donald Trump, John Boehner, Paul Ryan, Republican Tom Emmer, Kevin Hern, Byron Donalds, Patrick McHenry, David Morgan, Makini Brice, Moira Warburton, Susan Heavey, Katharine Jackson, Andy Sullivan, Scott Malone, Deepa Babington, Grant McCool, Nick Zieminski Organizations: U.S . House, Republican Conference, Republican, Republicans, WSB Radio, Caucus, Thomson Locations: WASHINGTON, Ukraine, Jordan, States

☆ ‘I’ve always made fun of the rules.’ John Waters has only ever been himself
▼ + stars: | 2023-10-04 | by ( Marie Lodi | ) edition.cnn.com time to read: +10 min

“I could keep all the money,” Waters once told culture website Flavorwire of the screenings. During a press preview for the exhibition, Waters revealed that one item he wished they had procured was Divine’s “cheater” — drag terminology for a prosthetic vulva with fake pubic hair. Whether it’s subverting a four-figure tub of moisturizer or Hollywood, Waters has always been true to himself. “I’ve always made fun of the rules of the world that I live in. That’s how you can have fun, by breaking some of them.”One rule Waters isn’t breaking, however, is his daily writing schedule.

Persons: CNN —, John Waters, Jenny He, Dara Jaffe, Greg Gorman, Waters, Glenn Milstead, Mink, Edith Massey, Cookie Mueller, Mary Vivian Pearce, Lawrence Irvine, Prince, Puke, William S, that’s, ”, Kathleen Turner, “, ” Jaffe, Charles White, ” Waters, Marjorie Taylor Greene, That’s, he’s, —, you've, ” Chris Pizzello, thusfar, Divine, Ricki Lake, Traci Turnblad, Traci, Amber Von Tussle’s, Van Smith, Isabelle Huppert — Waters, “ I’ve, There’s Organizations: CNN, Academy Museum Foundation, Hollywood, Academy Museum of Motion Pictures, NYU, Warner Bros, Burroughs, Academy Museum, Wesleyan University, Charles White / Academy Museum Foundation, New York Times, Maybelline Locations: Los Angeles, American, Lutherville , Maryland, Baltimore, Sleaze, LA, Middletown , Connecticut, Cape Cod, Waters, Hollywood, Seattle

The Royal Swedish Academy of Sciences said it was investigating. The Associated Press did not receive the press release in advance and decided not to publish the names until confirmed by the academy, but many Swedish media organizations did. The academy stopped the practice since the awards were being announced simultaneously on the digital platforms of the Nobel Prizes. It is not the first time the names of winners slip out before the Nobel announcements. For the official press release to be published in advance is extremely rare, said Fredrick Malmberg, head of news at Swedish television station TV4.

Persons: Moungi Bawendi, Louis Brus, Alexei Ekimov, Hans Ellengren, Göran Hansson, ”, Fredrick Malmberg Organizations: STOCKHOLM, Royal Swedish Academy of Sciences, Associated Press, Svenska Dagbladet, TV4, SVT, “ Locations: Swedish

☆ Opinion: Trump and the upside-down world
▼ + stars: | 2023-10-01 | by ( Richard Galant | ) edition.cnn.com time to read: +17 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. CNN —The title on the cover of Cass R. Sunstein’s 2021 book, “This is not normal,” is printed upside down. The beginning of a Trump-backed House Republican inquiry into impeaching President Joe Biden with no clear evidence of his wrongdoing. A last-ditch move Saturday kept federal agencies funded for 45 days while putting more aid to Ukraine in jeopardy. Bill Bramhall/Tribune Content AgencyOn Monday, a New York judge found Trump and his adult sons liable for insurance and bank fraud and canceled the Trump Organization’s business certification.

Persons: Cass R, ” Sunstein, Ronald Reagan, “ Donald Duck, Donald Trump, Joe Biden, Trump, “, ”, Kevin McCarthy’s, Clay Jones, Mike Lawler, Rosa Cruz, Rob Rosenthal, Brian Riedl, Walt Handelsman, Biden, MAGA, John Avlon, ’, Bill Bramhall, Frida Ghitis, —, Ghitis, Phil Hands, Julian Zelizer, Steven Lubet, Judge Chutkan, Dean Obeidallah, Menendez, Hal Boyd, Sen, Tim Scott, Ron DeSantis, Scott, ” Scott, Lyndon, “ you’ve, ” Jeff Yang, Chris Christie’s, ‘, Donald Duck ’, Mike Pence’s, Walter Mondale, Nikki Haley’s, South Carolina Sen, Vivek Ramaswamy, TikTok, whittling, Haley, ” Sophia Nelson, ” Lisa Benson, GoComics.com, James Antle III, Todd Graham, David Axelrod, Musa al, Republicans –, –, Nick Anderson, Agency Cassidy, Evelyn Hockstein, Cassidy Hutchinson, Nicole Hemmer, Hutchinson, …, Alyssa Farah Griffin, Liz Cheney, Alexander Butterfield, Melissa S, Jason L, Riley, Jill Filipovic’s, Robert F, Kennedy Jr, Peter Bergen, Kennedy, Vladimir Putin, Brian Bowen Smith, ABC Gerry Turner, Deborah Carr, Gerry Turner, Turner, ” Don’t, Jill Filipovic, Dianne Feinstein, Matthew F, West Point Vincent, David A, Adam Larson, Michael D, Smith, Travis, Taylor Dana Summers, Taylor Swift, Travis Kelce, ” Rick Reilly, Colgate, Tay, Frankie de la, it’s Organizations: CNN, Republican, Ronald Reagan Presidential, Trump, Chiefs, Department of Labor, Wesleyan University, Agency, MAGA Republican, Pew Research Center, NBC, Republicans, GOP, “, Florida Gov, New, New Jersey Gov, Democratic, UAW, Tribune, White House, Legislative Affairs, White, Street, ” RFK, ABC, Chicago, Corps, Kansas City Chiefs, New York Jets, Washington Post, NFL Locations: Milwaukee, Simi Valley , California, Ukraine, New York, Washington, Tempe , Arizona, New Jersey, Cupp, South Carolina, Florida, Michigan, Michigan , Pennsylvania, Wisconsin, Gharbi, West Point

☆ I work as a fire lookout, living in a remote cabin with no plumbing or electricity. Here's why I want to be here as long as there are humans doing this job.
▼ + stars: | 2023-08-26 | by ( Kylie Kirschner | ) www.businessinsider.com time to read: +9 min

Brig Malessa has spent four seasons working as a fire lookout stationed off the grid in remote areas. I've had a lifetime of experience being outdoors and living remote, and all of that led right into my work as a fire lookout very easily. Then I go for my binoculars and start watching it until I'm sure it's smoke. The main tools of the fire lookout job are a radio and the Osborne Fire Finder. Brig Malessa, Sophie VernholmYou have to be able to see the biggest viewshed possible.

Persons: Brig Malessa, Malessa, Brigitte, Brig, I've, Bob Marshall, Sophie Vernholm, Jack Kerouac, Edward Abbey, Gary Snyder, nature's, what's, That's, It's, I'm Organizations: Service, U.S . Forest Service, Northern Rockies, Southern Rockies Locations: Wall, Silicon, Malessa, Oregon, New Mexico, Alaska, Montana, Idaho, Boise, Brig

The length of the waiting period between bankruptcy filings depends on what type of bankruptcy you previously filed and what type you intend to file now. A Chapter 7 bankruptcy will stay on your credit report for 10 years, while a Chapter 13 bankruptcy will fall off after seven years. Frequently asked questions — How often can you file for bankruptcyIs it bad to file for bankruptcy twice? What happens if you file for bankruptcy multiple times? If you file for bankruptcy multiple times successfully, you may have trouble getting a loan or credit card in the future.

Persons: Filers, you've, Adrienne Hines, Hines, Scott Glatstian, Rosenblum, it's, Lamine Zarrad, — Organizations: refiling, Wright Co, Rosenblum Law, United, Federal Trade Commission Locations: Kademenos, Chevron

☆ Elon Musk fired most of Twitter's staff and said their talents will be of 'great use elsewhere.' Twitter's now threatening to sue Meta, accusing the company of hiring former employees to create a 'cop
▼ + stars: | 2023-07-07 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

Meta launched a text-based app called Threads that competes with platforms like Twitter. The letter accuses Meta of hiring "dozens" of ex-Twitter employees and using them to create Threads. Less than 24 hours since Meta launched Threads, Musk's attorney Alex Spiro sent a cease-and-desist letter to Meta CEO Mark Zuckerberg, accusing the company of hiring "dozens of former Twitter employees" to create a "copycat" app. Since the Tesla founder took over Twitter, Musk said in a BBC interview that he had laid off about 80%, or 6,500 Twitter employees, whittling the company down to fewer than 600 engineers. Meta employees have seen the chaos at Twitter as an opportunity to create a rival app for months, The New York Times previously reported.

Persons: Meta, Elon Musk's, Elon Musk, Musk, Alex Spiro, Mark Zuckerberg, Andy Stone, — that's, Spiro, Zuckerberg Organizations: Twitter, Meta, New York Times

☆ The designer of Microsoft's super-annoying 'Clippy' assistant says he was 'so embarrassed' by his creation
▼ + stars: | 2023-06-10 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +2 min

The creator of Microsoft's divisive assistant "Clippy" said he was "so embarrassed" by it. Kevan Atteberry told Great Big Story he would keep Clippy off his design portfolio. The man behind Microsoft's notorious "Clippy" assistant said he used to be "so embarrassed" by his creation that he'd leave it out of his design portfolio. Atteberry's design came out on top, much to the annoyance of some Microsoft staffers, he told Great Big Story. Julie Larson-Green, Microsoft's former chief experience officer, told Insider in 2016 she decided to kill Clippy because it could only offer scripted responses.

Persons: Clippy, Kevan Atteberry, Atteberry, Julie Larson Organizations: YouTube, Microsoft, Big Locations: Stanford

☆ Economy class airplane bunk beds get seal of approval as launch moves closer
▼ + stars: | 2023-06-07 | by ( Francesca Street | ) edition.cnn.com time to read: +4 min

Now the concept’s got the industry seal of approval via a prestigious Crystal Cabin Award, presented at the 2022 Aircraft Interiors Expo (AIX) in Hamburg, Germany. “Bunk-bed solution for economy class – this is something which you regularly see as a concept,” said Kaestner. “But we rarely see this level of innovation actually becoming a real product that’s flying.”Winning designsThe Skynest concept offers a lie-flat option for economy passengers. Courtesy Air New ZealandThe Crystal Cabin Awards announced its longlist earlier this year, before whittling the categories down to a shortlist. For student nominees, the Crystal Cabin Awards are “a fantastic way to get into the industry,” added Kaestner.

Persons: Skynest, Lukas Kaestner, Skynest isn’t, “ Bunk, ”, Collins, Kaestner, it’s heartening, there’s, they’ll, Alejandro Núñez Vicente, InteliSence Organizations: Germany CNN — Air, CNN Travel, New, Delft University of Technology, Delta, Air, Zealand, Thales Avionics “, Center, Safety, Teledyne, Collins Aerospace, Digital Services, University, Technical University of Delft Locations: Hamburg, Germany, Netherlands

☆ Wagner Group lost more than 100 soldiers in a single day because of a lack of ammunition, mercenary boss says
▼ + stars: | 2023-05-03 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

The Wagner Group lost more than 100 people in a single day, the organization's founder said Tuesday. Wagner head Yevgeny Prigozhin issued a repeated plea for more ammunition from Russia's military. Yevgeny Prigozhin, the founder of the Wagner Group and a one-time ally of Russian President Vladimir Putin, described the assault in an audio recording posted to his Telegram channel this week. In an audio statement published to Telegram on Saturday, Prigozhin said the group lost 94 fighters that day due to a lack of ammunition, according to Al Jazeera. The Wagner Group sparked global outrage earlier in the war after offering convicted prisoners a chance at freedom in exchange for their fighting in Ukraine.

☆ Subway comes up with $5 billion debt plan to clinch $10 billion-plus sale, sources say
▼ + stars: | 2023-05-01 | by ( ) www.cnbc.com time to read: +4 min

This is weighing on how much the private equity firms are offering to buy companies. So far, bids for Subway have ranged between $8.5 billion and $10 billion, one of the sources said. Barclays, a major player in the market for WBS financing, is one of the banks in discussions about long-term financing, the sources said. JPMorgan's financing package also offers the option of a preferred equity component with a roughly 15% interest rate, the sources said. This is a more expensive route that private equity firms may not opt for, three of the sources added.

This is weighing on how much the private equity firms are offering to buy companies. So far, bids for Subway have ranged between $8.5 billion and $10 billion, one of the sources said. This is a more expensive route that private equity firms may not opt for, three of the sources added. To be sure, Subway is allowing bidders to use any financing route they want, as long as they can show they can secure committed financing. TPG and Bain were part of a group that owned Burger King when John Chidsey, who is now Subway's CEO, headed that burger fast-food restaurant chain.

☆ Comstock Act: The 150-year-old chastity law that may be the next big fight over abortion
▼ + stars: | 2023-04-28 | by ( Tierney Sneed | ) edition.cnn.com time to read: +15 min

“Comstock is really the backdoor way to remove access to abortion across the whole country,” said Greer Donley, a University of Pittsburgh Law School professor who specializes in abortion law. Severino argued that, at least when it comes to the Comstock Act’s prohibitions on mailing abortion pills, Congress is well within its powers to regulate those shipments. Several towns, some in New Mexico and elsewhere, have passed local ordinances that cite the Comstock Act and prohibit business within those jurisdictions from shipping or receiving items used for abortions in the mail, as covered by the Comstock Act. The lawsuits in New Mexico state court that those ordinances have prompted may provide for another opportunity for courts to elaborate on what the Comstock Act means. The Supreme Court, in the emergency order it issued last week, did not say anything about the Comstock Act.

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