DIRS.INFO The most relevant business & tech news

☆ Sternlicht defends gating Starwood REIT withdrawals, hopes it will be a 'six-month thing' as rates fall
▼ + stars: | 2024-06-05 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Barry Sternlicht, chairman and CEO of Starwood Capital Group, speaks at the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, on May 7, 2024. Barry Sternlicht, Starwood Capital Group chairman and CEO, defended his decision to cap how much money investors could pull from his real estate fund amid mounting losses and redemption requests. The firm said the real estate trust, one of the largest in the world, maintained $752 million of immediate liquidity as of the end of April. Sternlicht called the Fed's monetary policy "unbelievably ineffective," but he believes interest rates will come down soon. "The real estate asset class is probably the biggest victim of the unintended consequence of his actions," he said.

Persons: Barry Sternlicht, The Beverly Hilton, Sternlicht, who've Organizations: Starwood Capital Group, The Beverly, Starwood, Income Trust Locations: Beverly Hills , California

☆ Australia drops case against Elon Musk's social media platform X over church stabbing footage
▼ + stars: | 2024-06-05 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +2 min

Australia on Wednesday announced it had dropped its legal battle against Elon Musk's X to have graphic footage of a church stabbing in Sydney removed from the social media platform. The dispute was widely seen as a test case for the Australian government's ability to enforce its online safety standards on the social media giants. Julie Inman-Grant, Commissioner of Australia's online safety regulator, said in a statement that after weighing "multiple considerations," she decided that discontinuing the proceedings would "likely achieve the most positive outcome for the online safety of all Australians, especially children." I stand by my investigators and the decisions eSafety made," Inman-Grant said, referencing Australia's independent regulator for online safety. Last month, the Musk-owned social media platform won a reprieve in Australia when a court refused to extend a temporary order blocking videos of a Sydney church stabbing globally.

Persons: Elon Musk, Tesla, Elon Musk's, Julie Inman, eSafety, Inman, Grant, Musk, Bishop Mar Mari Emmanuel, Australia's Organizations: SpaceX, X Holdings Corp, Milken Institute's Global, Beverly Hilton Hotel, Wednesday, Grant, X's Global Government Affairs Locations: Beverly Hills , California, Australia, Sydney, Australian

☆ Elon Musk ordered Nvidia to ship thousands of AI chips reserved for Tesla to X and xAI
▼ + stars: | 2024-06-04 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +12 min

Correspondence from Nvidia staffers also indicates that Musk diverted a sizable shipment of AI processors that had been reserved for Tesla to his social media company X, formerly known as Twitter. "Elon prioritizing X H100 GPU cluster deployment at X versus Tesla by redirecting 12k of shipped H100 GPUs originally slated for Tesla to X instead," an Nvidia memo from December said. In a post on X in November, Musk wrote, "X Corp investors will own 25% of xAI." At Tesla, Musk has promised to build a $500 million "Dojo" supercomputer in Buffalo, New York, and a "super dense, water-cooled supercomputer cluster" at the company's factory in Austin, Texas. WATCH: Musk ordered Nvidia to ship thousands of AI chips to X

Persons: Elon Musk, David Swanson, Reuters Elon Musk, he's, Tesla's, Musk, Tesla, Elon, Critics, OpenAI's ChatGPT, Axios Harris, Jensen Huang, Huang, David Paul Morris, xAI's Grok, xAI, he'd, He's, Leo Koguan, Gerber Kawasaki's Ross Gerber, Joel Fleming, Fleming, hasn't, Ethan Knight Organizations: SpaceX, Tesla, Reuters, Nvidia, Tesla's Texas, CNBC, X Corp, EV, Google, Meta, Microsoft, Blackwell, Nvidia Corp, Technology, Bloomberg, Getty, Twitter, Equity Litigation Locations: Beverly Hills , California, Tesla's, U.S, San Jose , California, Buffalo , New York, Austin , Texas, North Dakota, Delaware, Tesla, xAI, SolarCity, Texas, New York

☆ Analysis: Another trial, this one of Biden’s son, will deepen the election’s legal entanglement
▼ + stars: | 2024-06-03 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

Four days after presumptive GOP nominee Donald Trump was convicted on 34 counts in his hush money trial in New York, President Joe Biden’s son Hunter will be called to answer for federal gun charges in Wilmington, Delaware. But a CBS/YouGov poll released Sunday showed that Americans believe 57% to 43% that the Manhattan jury reached the right verdict. His inflammatory remarks did not reflect the fact that his refusal to accept his 2020 election loss and his demagoguery are far more reflective of developing-world banana republics than a fair jury trial. Hunter Biden is entitled to the same presumption of innocence and a trial by a jury of his peers that Trump was. “I’d rather be on President Biden’s side of that contrast than on the extreme MAGA Republican side,” he said.

Persons: Donald Trump, Joe Biden’s, Hunter, It’s, Trump, Stormy Daniels, Biden, —, ”, “ It’s, We’ve, Lara Trump, CNN’s Kasie, it’s, Adam Schiff, ” Schiff, don’t, ” Biden, Robert Menendez, Hunter Biden, David Weiss, General Merrick Garland, Roe, Wade, Chuck Schumer, “ Donald Trump, ” Schumer, Hakeem Jeffries, ” Jeffries, Jeffries, Biden’s, “, Joe Biden, Sen, Tom Cotton, we’ve, quagmire Organizations: CNN, Israel, Republicans, Trump, Republican National Committee, CBS, Manhattan, Republican National Convention, Fox News, RNC, California, Senate, GOP, Justice Department, Democratic, Robert Menendez of New, Democratic National Committee, Texas Supreme, Court, New York, MAGA Republicans, New York Democrat, Press, Democrats, Republican, NBC, Arkansas Republican Locations: New York, Wilmington , Delaware, South, “ State, America, United States, Robert Menendez of, Robert Menendez of New Jersey, Rehoboth Beach , Delaware, Beverly Hills , California, Nevada

☆ OJ Simpson 'stalked' Nicole Brown Simpson in the weeks leading up to her death, friends allege: 'He would be hiding in the bushes'
▼ + stars: | 2024-06-01 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +5 min

Read previewOJ Simpson is alleged to have "stalked" Nicole Brown Simpson, going so far as to stake out the bushes near the home where she was murdered in 1994, close friends of Brown's have said in a new docuseries. "He was realizing that she was becoming happy," Resnick said, adding that Simpson was "stalking, hiding in the bushes." "The Life and Murder of Nicole Brown Simpson," which is scheduled to air on the consecutive nights of June 1 and 2, comes ahead of the 30th anniversary of Brown Simpson's death on June 12. It features interviews with 50 people who knew Brown Simpson well, including her sisters, Denise, Dominique, and Tanya Brown, and close friends such as Kris Jenner. Advertisement"The Life and Murder of Nicole Brown Simpson" will air on June 1 and 2 at 5 p.m PT/8p.m.

Persons: —, OJ Simpson, Nicole Brown Simpson, Brown's, Faye Resnick, Robin Greer, Resnick, Brown, OJ, Simpson, Greer, Brian " Kato, Kaelin, Denise Brown, Joe Biden, Brown Simpson, Denise, Dominique, Tanya Brown, Kris Jenner, Ronald Goldman Organizations: Service, Business, Housewives, Beverly Hills, AP News, Lifetime Locations: South, Brentwood , Los Angeles, Washington

☆ Insider Today: Arizona's 'Beverly Hills'
▼ + stars: | 2024-06-01 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. It's time for tech workers to transition into their summer styles. AdvertisementBI spoke with fashion experts, who gave us a tech worker's guide to summer fashion. "We Are Lady Parts": The British sitcom, about an all-female Muslim punk rock band called Lady Parts, returns for its second season on Peacock. The British sitcom, about an all-female Muslim punk rock band called Lady Parts, returns for its second season on Peacock.

Persons: —, Hollis Johnson, Samantha Lee, Let's, Jason Guerrasio, Jason, Mark, Jeff Bezos, Tyler Le, Sara Dubnow, Alyssa Powell, she's, Joey Haden, Eric, Benedict Cumberbatch, Peacock Organizations: Service, Business, MoviePass, Big Tech, Scottsdale BI's, Silverleaf, Netflix, 7M Films Locations: Los Angeles, Scottsdale, Silverleaf

☆ Luxury homebuyers can now get an art collection as part of the deal
▼ + stars: | 2024-05-31 | by ( Lucy Handley | In | ) www.cnbc.com time to read: +5 min

Los Angeles real estate company The Agency is selling homes complete with artwork and furniture. Lester, a partner at real estate firm The Agency, is currently selling several new-build luxury homes in Beverly Hills designed by architecture firm Olson Kundig, and has a put together a "full collection" of art in a handful of them. Seen here is the interior of a home that is part of a collection known as The Houses at 8899 Beverly. Rather than simply being "staging" pieces brought in temporarily, the art and furniture is also available to purchase, Lester said. Artelier commissioned a collection of artwork for the public areas at One at Palm Jumeirah, Dorchester Collection, a residential building in Dubai.

Persons: Shaina McCoy, Nils Timm, Paul Lester, Lester, Olson Kundig, Beverly —, Michelle Mary Lee, Irvin Pascal, David Knowles, Knowles, Artelier, Fenton Whelan, Renzo Piano, they've, Kristy Kun Organizations: Agency, CNBC, Los, Beverly, Lazaros, The Agency, Creative Art Partners, London Locations: Angeles, Los Angeles, Beverly Hills, British, Eaton Place, London, Hyde, Dubai, Miami, Jumeirah, Dorchester

☆ CNBC Daily Open: Musk's artificial intelligence start-up raises $6 billion
▼ + stars: | 2024-05-28 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Nvidia's stock rose 2.6% on Friday, contributing to a 15% surge for the week, while the Nasdaq led major indexes with a 1.41% weekly gain. Nvidia CEO's net worth soarsNvidia CEO Jensen Huang's net worth soared to over $90 billion as better-than-expected earnings sent the company's stock soaring to a record high. Last Thursday, the stock rose more than 9% to close at nearly $1,038 per share.

Persons: Elon Musk, The Beverly Hilton, Jensen, Huang, Glass Lewis, Obama, Weizhen Tan Organizations: SpaceX, Tesla, The Beverly, CNBC, Nasdaq, Dow Jones, Treasury, Nvidia, Investors, Google, Nikkei, Bank of Japan's, CSI Locations: Beverly Hills , California, U.S, Texas, Asia, Pacific

☆ Some wealthy people trying to sell their luxury homes are struggling
▼ + stars: | 2024-05-28 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +5 min

Read previewThe world of luxury real estate might seem like a place where deals are plentiful, transactions are swift, and satisfaction is guaranteed. "I wanna be free to garden and travel and not have to worry about the house — but I'm not taking nothing," Morgan told Curbed. "A lot of luxury buyers may already have a primary home, so maybe they're looking for a new investment," StreetEasy Senior Economist Lee said. AdvertisementThat's partly why more luxury buyers are increasingly considering renting out their homes rather than selling them, he added. Concierge AuctionsLee noted another factor contributing to the difficulty of selling luxury properties: the high costs associated with their maintenance and upkeep.

Persons: —, Kenny Lee, Sonja Morgan, John Adams Morgan, Morgan Chase, Morgan, Curbed's Bridget Read, I'm, Michael Jordan, There's, Nile Niami, Richard Saghian, Ron DeSantis, Lee, canalso, It's Organizations: Service, Business, Housewives, New, Fashion, Florida Gov, Morgans, Yorker Locations: New York City, New York, Chicago, Los Angeles, Upper Eastside

☆ Should Elon Musk be paid $56 billion? Tesla shareholders get to vote
▼ + stars: | 2024-05-27 | by ( David Ingram | ) www.cnbc.com time to read: +10 min

Several investors released a joint letter this month urging fellow shareholders to vote down the package as excessive. Tesla shareholders approved the pay package in 2018, with compensation tied to Tesla's performance including its market value. And he still has time to meet goals he hasn't reached, including on revenue, because the pay package had a 10-year term. In the 440-page proxy statement explaining the vote, a committee of the Tesla board noted the "novel circumstances." Some people began sharing screenshots of their votes in April, shortly after the Tesla board announced the vote, and the deadline to vote online is June 12.

Persons: Elon Musk, The Beverly Hilton, Tesla, James Park, Musk, He's, Judge Kathaleen McCormick, McCormick, Nadya Malenko, hasn't, Ann Lipton, Lipton, — I'm, Musk's, there's, —, Rowe Price, didn't, Brad Lander Organizations: SpaceX, Tesla, The Beverly, Wall Street, University of California, CNBC, Bloomberg, Reuters, Boston College's, Tulane University, Disney, New York, Amalgamated Bank . Locations: Beverly Hills , California, U.S, Delaware, Austin , Texas, —, Los Angeles, Texas, New York City

☆ Tesla CEO Elon Musk says he favors 'no tariffs' on Chinese EVs
▼ + stars: | 2024-05-23 | by ( Ryan Browne | ) www.cnbc.com time to read: +1 min

Elon Musk, co-founder of Tesla and SpaceX and owner of X Holdings Corp., speaks at the Milken Institute's Global Conference at the Beverly Hilton Hotel,on May 6, 2024 in Beverly Hills, California. PARIS, France — Tesla CEO Elon Musk said on Thursday that he doesn't support President Biden's recent announcement of a tariff on Chinese electric vehicles. "Neither Tesla nor I asked for these tariffs," Musk said during a question and answer session at the VivaTech conference Wednesday in Paris. "Tesla competes quite well in the market in China with no tariffs and no deferential support," Musk said Thursday. It's a change of tune for Musk, who suggested earlier this year that Chinese EV companies will crush competitors elsewhere in the absence of trade restrictions.

Persons: Elon Musk, Tesla, Biden's, Musk, Biden Organizations: SpaceX, X Holdings Corp, Milken Institute's Global, Beverly Hilton Hotel, Revenue Locations: Beverly Hills , California, PARIS, France, Paris, China, Europe

☆ Elon Musk has lost his focus, former Tesla board member says
▼ + stars: | 2024-05-23 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

Elon Musk, co-founder of Tesla and SpaceX and owner of X Holdings Corp., speaks at the Milken Institute's Global Conference at the Beverly Hilton Hotel,on May 6, 2024 in Beverly Hills, California. Tesla could use more of high-profile CEO Elon Musk's divided focus at a critical juncture for the electric vehicle industry, former board member Steve Westly said Thursday. And it appears now that Mr Musk's focus is in too many areas," Westly told CNBC at the annual VivaTech conference in Paris. Tesla could use more of it," said Westly, who is managing director of venture capital firm The Westly Group and an early Tesla investor. Just how much of a liability Musk is for Tesla, however, Westly said was "for the board to decide."

Persons: Elon Musk, Tesla, Elon Musk's, Steve Westly, Westly, Jensen Huang —, he's Organizations: SpaceX, X Holdings Corp, Milken Institute's Global, Beverly Hilton Hotel, CNBC Locations: Beverly Hills , California, Paris

☆ A former Netflix and Uber exec's next move? Joining 'The Real Housewives of Beverly Hills'
▼ + stars: | 2024-05-23 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +1 min

Bozoma Saint John is joining the cast of "The Real Housewives of Beverly Hills" season 14. Saint John is a former chief marketing officer for companies like Uber and Endeavor. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Or at least, that's the case for legendary marketing exec Bozoma "Boz" Saint John. Bravo announced on Wednesday that Saint John would join the cast of season 14 of "The Real Housewives of Beverly Hills" alongside returning cast members Garcelle Beauvais, Erika Jayne, Dorit Kemsley, Kyle Richards, and Sutton Stracke.

Persons: John, Saint John, She's, —, Bozoma, Boz, Bravo, Garcelle Beauvais, Erika Jayne, Dorit Kemsley, Kyle Richards, Sutton Stracke Organizations: Housewives, Beverly, Uber, Endeavor, Service, Netflix Locations: Beverly Hills

☆ OpenAI pulls ChatGPT AI voice over its resemblance to Scarlett Johansson in the movie 'Her'
▼ + stars: | 2024-05-20 | by ( Hayden Field | ) www.cnbc.com time to read: +3 min

OpenAI announced it would pull one of the ChatGPT voices named "Sky" after it created controversy for its resemblance to the voice of actress Scarlett Johansson in "Her," a movie about artificial intelligence. "We've heard questions about how we chose the voices in ChatGPT, especially Sky," the Microsoft -backed company posted on X. The news comes one week after OpenAI debuted a range of audio voices for ChatGPT, its viral chatbot, a new AI model called GPT-4o, and a desktop version of ChatGPT. Users watching the live demonstration of ChatGPT's audio capabilities immediately began to post on social media that the "Sky" voice sounded like Johansson in the movie. "Sky's voice is not an imitation of Scarlett Johansson but belongs to a different professional actress using her own natural speaking voice," the company wrote.

Persons: Scarlett Johansson, Radhika Jones, We've, Samantha, Johansson, OpenAI, Sam Altman, —, Anthropic, Mark Chen Organizations: Wallis Annenberg Center, Performing Arts, OpenAI, Microsoft, ChatGPT, Google Locations: Beverly Hills , California, ChatGPT, Ember

☆ The Author of ‘Crazy Rich Asians’ Can’t Go Home, Except in His Books
▼ + stars: | 2024-05-20 | by ( Elisabeth Egan | ) www.nytimes.com time to read: +1 min

A reader of Kevin Kwan’s books could be forgiven for expecting him to make a grand entrance at lunch in Beverly Hills — in a Lamborghini, perhaps, or wearing a slick pair of shades. He wore tortoiseshell glasses, a blue cardigan and hair cut for maximum pensive tucking behind ears. Kwan immediately moved a vase of white roses from one table to another — “Do you mind? His debut novel, “Crazy Rich Asians,” published in 2013, has sold more than 5 million copies worldwide and been translated into over 40 languages. The movie version was the first since “The Joy Luck Club” to feature a majority Asian cast.

Persons: Kevin Kwan’s, Kwan, David Foster Wallace, —, Crustacean’s, “, Helene An, ”, Rich, Joy Organizations: Lamborghini, Joy Luck Locations: Beverly Hills, cardigan

☆ Wealthy Americans are starting to spend more carefully
▼ + stars: | 2024-05-19 | by ( Bryan Mena | ) edition.cnn.com time to read: +7 min

A robust stock market coupled with rising home values have boosted Americans’ wealth from 2019 through 2022, according to a Federal Reserve report on household finances. There’s been some evidence of wealthy Americans growing cautious in the latest round of company earnings results. Federal Reserve officials Michael Barr, Christopher Waller, Philip Jefferson and Raphael Bostic deliver remarks. Federal Reserve officials Christopher Waller, John Williams, Raphael Bostic, Michael Barr, Loretta Mester and Susan Collins deliver remarks. The Federal Reserve release minutes from its May policymaking meeting.

Persons: they’ve, “, ” Nanette Abuhoff Jacobson, There’s, ” Jonathan Akeroyd, Moet, The Beverly Hilton, Michael Kovac, LVMH Moët Hennessy Louis Vuitton, ”, Jacobson, ’ Ariel Barnes, Barnes, ” Barnes, Baby Boomer, Xers, Matt Egan, Read, Michael Barr, Christopher Waller, Philip Jefferson, Raphael Bostic, John Williams, Loretta Mester, Susan Collins, Robin, Ralph Lauren, Booz Allen Hamilton, Buckle Organizations: CNN Business, Bell, Washington CNN, Federal, Fed, Hartford Funds, CNN, Burberry, The Beverly, The Beverly Hilton Hotel, Walmart, Royal Caribbean Cruises, Jackson State University, Federal Reserve Bank of New, Palo Alto Networks, Urban Outfitters, NVIDIA, National Statistics, National Association of Realtors, Reserve, Intuit, US Labor Department, Chicago Fed, Global, US Commerce Department, Atlanta Fed, Booz, University of Michigan Locations: Washington, British, Americas, Beverly Hills , California, Jackson , Mississippi, Federal Reserve Bank of New York, Palo, Ross, Burlington

☆ Is America ready for a $400 pineapple? Luxury fruit is now a thing
▼ + stars: | 2024-05-19 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +9 min

The Rubyglow pineapple –— bred for its distinctive red exterior and its sweetness — costs $395.99 at Melissa’s Produce, a California-based seller of specialty fruit and veggies. It took Del Monte, a wholesaler which sells a variety of produce but specializes in pineapple, a decade and a half to develop the red-hued fruit. And yet, there’s interest in premium fruit — enough to convince Del Monte to bring the Rubyglow, which is grown in Costa Rica, stateside. Courtesy Fresh Del MonteThe Pinkglow was never supposed to be a grocery list staple, said Melissa Mackay, VP of marketing in North America at Del Monte. Melissa’s started with 50 pineapples, according to Robert Schueller, director of public relations at Melissa’s Produce.

Persons: Del, ”, Cindy van Rijswick, “ there’s, Cotton Candy, McIntosh, Jim Luby, Patrick T, Fallon, Luby, Lane Turner, Oishii, Hiroki Koga, Jerod Harris, Melissa Mackay, “, It’s, Melanie Zanoza Bartelme, pricey, Hailey, Strawberry, it’s, Melissa’s, Robert Schueller, ” Schueller, Bo Corley, ” Corley, Corley Organizations: New, New York CNN, “, University of Minnesota, Getty, Rabobank, Citrus, Boston Globe, Vox Media, Del, Mintel, Melissa’s Locations: New York, California, Del Monte, China, United States, America, Costa Rica, AFP, Minnesota, Beverly Hills , California, North America, Erewhon, Angeles, Las Vegas, Southern California

☆ 'Quiet wealth' takes on new meaning with super-private deals for mansions, art and classic cars
▼ + stars: | 2024-05-17 | by ( Robert Frank | ) www.cnbc.com time to read: +6 min

While public auction sales are declining in the art world, private sales — done behind closed doors between discreet buyers and sellers — are growing. Classic cars are also seeing a shift to private sales, especially with the most expensive and rare models. But its newly formed RM Sotheby's private sales division has seen its sales more than quadruple over the past four years, according to Shelby Myers, global head of private sales for RM Sotheby's. The rise in private sales for classic cars, art, real estate and other markets is being driven by social media, technology and cooling prices for collectibles. "They're leaving money on the table," said real estate broker Noble Black of Douglas Elliman.

Persons: Robert Frank, Phillips, Christie's, Mark Rothko, Ken Griffin, Ferraris, Shelby Myers, We've, Myers, Patrick Dovigi's, Steve Wynn, Thomas Peterffy —, Douglas, Ernie Carswell, Carswell, He's, Noble Black, Douglas Elliman Organizations: Christie's, CNBC, Sotheby's, Hamptons, Malibu , Bel Air, Beverly Locations: Sotheby's, Christie's, Manhattan, Malibu, Aspen, Palm, Manhattan's Greenwich, Palm Beach, Los Angeles, New York, Eastern, Palm Springs, Malibu ,

Video footage shows the young man in a white hoodie, identified as Edan On, striking at the barrier around the pro-Palestinian encampment. From Social MediaOn, a local high school senior, was captured on video striking a pro-Palestinian protester with a pole. A pro-Palestinian demonstrator is beaten by counterprotesters attacking a pro-Palestinian encampment set up at UCLA's campus. Etienne Laurent/AFP/Getty ImagesA counterprotester, identified by CNN as Malachi Marlan-Librett, pushes a pro-Palestinian protester in the barrier of the UCLA encampment. Wally Skalij/Los Angeles Times/Getty ImagesMarlan-Librett is seen throwing the bottom of a broom at a pro-Palestinian protester.

Persons: counterprotesters, UCLA –, –, “ Edan, Sharon, Edan, William Gude, “ We’re, counterprotesters calmy, “, ”, Chaim Seidler, Feller, Hillel, On’s, wasn’t, Malachi Marlan, Etienne Laurent, Wally Skalij, Librett, Dolores Quintana, Quintana, ” Dolores Quintana, Tom Bibiyan, Bibiyan, Trump, William Gude Tom Bibiyan, William Gude “, Angie Givant, she’d, Narek Palyan, Palyan, Catherine Hamilton, Hamilton, UCLA’s, Boosinger, ” Dylan Kupsh, ” Kupsh, Kupsh, Audrey Ash, Isabelle Chapman, Scott Glover, Curt Devine Organizations: CNN, UCLA, Fox, Facebook, Israel, Social, Social Media, Los Angeles Police Department, Patrol, UCLA Police Department, Bruins, LA, Key, Beverly Hills High School, Israel Defense Forces, UC Santa Cruz, Getty, Los Angeles Times, ”, Los Angeles Valley College, USC, Green Party, ucla, “, Student, ” Thistle, Thistle Locations: Gaza, Israel, California, Angeles, UCLA's, Los, Los Angeles

☆ See inside the Hermosa Inn, the top-rated hotel in the 'Beverly Hills of Arizona'
▼ + stars: | 2024-05-15 | by ( Joey Hadden | ) www.businessinsider.com time to read: +1 min

The luxury and boutique Hermosa Inn was named the best hotel in Arizona by Travel + Leisure in 2023. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementFrom Clark Gable and Whitney Houston to David Spade and Tyrese Gibson, celebrities have been staying and dining at the Hermosa Inn for decades, AZ Central reported. The luxury boutique hotel, which has been around for nearly a century, was named the best hotel in Arizona by Travel + Leisure in 2023. This story is available exclusively to Business Insider subscribers.

Persons: —, Clark Gable, Whitney Houston, David Spade, Tyrese Gibson Organizations: Travel, Service, AZ Central, Business Locations: Hermosa, Arizona, Paradise Valley

☆ Meet the average resident of Paradise Valley, the 'Beverly Hills of Arizona': a 54-year-old homeowner making over $220,000
▼ + stars: | 2024-05-14 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +1 min

Paradise Valley, Arizona, is attracting wealthy residents from across the US, especially California. The average resident of Paradise Valley is older and wealthier than the rest of the state. Nearly everyone in Paradise Valley owns their home, with a median sale price of $3.3 million. Dubbed the "Beverly Hills of Arizona," Paradise Valley is located in the desert hills northwest of Phoenix and just east of Scottsdale, another city attracting millionaires. Though it's a relatively small community, Paradise Valley is known for its several high-end resorts, spacious and secluded lots, and natural beauty.

Persons: —, Joan Levinson Organizations: Service, Business Locations: Paradise Valley , Arizona, California, Paradise, Paradise Valley, Valley , Arizona, Beverly Hills of Arizona, Phoenix, Scottsdale, Arizona

☆ Musk wins court reprieve in fight against Australian government over church stabbing videos
▼ + stars: | 2024-05-13 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

Elon Musk's social media platform X won a reprieve Monday after an Australian court refused to extend a temporary order to block videos of a Sydney church stabbing. Following the incident, the country's eSafety Commissioner was granted a temporary legal injunction ordering X to hide posts that showed footage of the attack. In an interview last month, Albanese said Musk thinks "he's above Australian law" and called him out for his "arrogance." "The e-Safety Commissioner has made a ruling. Still, online safety "requires platforms to do everything practical and reasonable to minimize the harm it may cause to Australians," the eSafety Commissioner added.

Persons: Elon Musk, The Beverly Hilton, Elon, Bishop Mar Mari Emmanuel, Musk, Anthony Albanese, Albanese, " Albanese Organizations: SpaceX, Tesla, The Beverly, eSafety, Tech Locations: Beverly Hills , California, U.S, Sydney

☆ Why are luxury brands waging war on the ‘upcycled’ clothing market?
▼ + stars: | 2024-05-13 | by ( Sarah Kent | ) edition.cnn.com time to read: +10 min

Editor’s Note: This article was originally published by The Business of Fashion, an editorial partner of CNN Style. The design was upcycled from vintage Chanel scarves by stylist Logan Horne, whose brand, J. Logan Home, specializes in refashioning heritage luxury accessories. Fashion brands' legal claims are varied but ultimately boil down to concerns that third parties are free-riding on brands’ valuable IP in ways that could risk confusing consumers, eroding primary sales and tarnishing or diluting carefully cultivated marks. Some big brands, like Prada, Gucci and indeed Levi’s, have already dabbled with upcycling collections and programs of their own. These days, she says she’s having about a conversation a week with brands interested in exploring collaboration, but the industry moves slowly.

Persons: Travis Kelce, Logan Horne, Logan, Webster, They’ve, Chanel, Horne, ”, Susan Scafidi, J, Logan Home’s, Christian Vierig, Louis Vuitton, Levi’s, Jeremy Moeller, Irene Calboli, ” Chanel, des, Batsheva Hay, Monica Schipper, “, Hay, upcycling, I’m, Prada, Gucci, Anna Foster, Gabriela Hearst Organizations: The, Fashion, CNN, NFL, Dua, Law, Paris Fashion, Business of, “, Getty, Logan Home, Texas, M University, Fashion Trust, Business of Fashion, Industry Locations: New York, Texas, Beverly Hills , California, India, Europe

☆ Glen Davis: NBA champion sentenced to 40 months in prison for part in plan to defraud league’s health care plan out of millions of dollars
▼ + stars: | 2024-05-10 | by ( Ben Morse | Amanda Musa | ) edition.cnn.com time to read: +3 min

CNN —Former NBA champion Glen Davis has been sentenced to 40 months in prison for his part in a scheme to defraud the league’s health care plan out of millions of dollars, according to federal court records from the Southern District of New York. Davis – whose nickname while he played in the NBA was “Big Baby” – was also ordered to pay $80,000 in restitution, according to court documents. In November, Davis was found guilty of wire fraud, health care fraud, conspiracy to commit health care fraud and conspiracy to make false statements related to health care matters, court documents show. Williams, who has been called the “leader of the conspiracy” by prosecutors, pleaded guilty to aggravated identity theft and conspiracy to commit health care fraud and wire fraud in 2022, according to a judgment order. The scheme, Strauss said, began around November 2017.

Persons: CNN —, Glen Davis, Davis, ”, –, Terrence Williams, Williams, Rashard Lewis, Kevin C, Cox, Audrey Strauss, Strauss Organizations: CNN, NBA, Southern, of, Seattle Supersonics, Oklahoma City Thunder, Boston Celtics, Celtics, Orlando Magic, Los Angeles Clippers, Orlando, Eastern, FBI, Manhattan Locations: of New York, Beverly Hills , California, Taiwan

☆ Blue Zones researcher shares 2 cheap, 'revolutionary supplements' you can find in any grocery store
▼ + stars: | 2024-05-09 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +5 min

In those regions, he has found two cheap grocery store items that are a staple of many people's diets: Walnuts and beans. Related storiesBeans are hearty, cheap, protein-rich, belly-filling foods that people living in many of the world's longevity hotspots prioritize at almost every meal. Olive oil is also a science-backed addition to your dietBloomberg Creative/Getty Images"What about olive oil?" Behind the hype, there's good research backing up the benefits of regular olive oil consumption. "Olive oil shots!"

Persons: —, Peter Diamandis, Dan Buettner, Buettner, Nico Schnico, Michael Pollan, Diamandis, Bryan Johnson, there's Organizations: Service, Milken Institute Globel Conference, Business, Bloomberg, Blue Locations: Beverly Hills, Japan, Sweden, Greece, Australia, Loma Linda , California

Search resuls for: "BEVERLY HILLS"

25 mentions found