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☆ China has launched new drills encircling Taiwan. Why now?
▼ + stars: | 2024-05-23 | by ( Jessie Yeung | Nectar Gan | ) edition.cnn.com time to read: +8 min

CNN —Tensions are once again ratcheting up in the Taiwan Strait, with China launching military drills encircling Taiwan just days after the democracy swore in a new leader long loathed by Beijing. The Eastern Theater Command of the Chinese People’s Liberation Army (PLA) said it launched joint military drills involving the army, navy, air force and rocket force in areas around Taiwan early Thursday morning. The drills are being conducted in the Taiwan Strait – a narrow body of water separating the self-ruling island with mainland China – as well as north, south and east of Taiwan. The Chinese guided missile frigate Nantong, one of the vessels in the series of military drills around Taiwan. The defeated Nationalist Party fled to Taiwan, moving the seat of their Republic of China (ROC) government from the mainland to Taipei.

Persons: ”, Lai Ching, China’s, Xi Jinping, Li Xi, Lai, Wu Mei, Carlos Garcia Rawlins, Tsai Ing, Tsai –, Mike Gallagher Organizations: CNN, Communist Party, Eastern Theater Command, People’s Liberation Army, PLA, People's Liberation Army, Weibo, Taiwan’s Defense Ministry, Democratic Progressive Party, DPP, Chinese Communist Party, CCP, Nationalist Party, US, Communist, Beijing, Tuesday Locations: Taiwan, China, Beijing, Kinmen, Taipei, People’s Republic of China, Republic of China, Xi, Washington

☆ I used a fake name on my résumé to land a job. It might have helped, but it felt like I lost a core part of myself.
▼ + stars: | 2024-05-23 | by ( Charissa Cheong | ) www.businessinsider.com time to read: +7 min

In 2007, I added an English-sounding name to my résumé in the hopes that it could help me land a job. AdvertisementToward the end of my college experience, I started preparing to get a job in petroleum engineering. AdvertisementOver time, I began to transition back to using Mukhtar. A Nigerian colleague who was like a mentor to me started using my real name. Since Arabic is widely spoken in the Middle East, I would introduce myself to new people as Mukhtar, not Mark.

Persons: —, Mukhtar Kadiri, Mukhtar, I've, Mark, Mukhtar —, I'd, Mark —, I'm Organizations: Service, Business, Texas Tech University, Employers Locations: Toronto, Edo State, Nigeria, Oman, UAE, US, Canada

☆ Kathleen Noble: A lack of equipment and coaching hasn’t stopped software engineer from making Olympic history with landlocked Uganda
▼ + stars: | 2024-05-23 | by ( Rory Fleming | ) edition.cnn.com time to read: +8 min

Her journey now sees the 29-year-old set to become a two-time Olympian – Noble represented Uganda at the Tokyo Games – when she competes at Paris 2024. She is Uganda’s first Olympic rowing participant, as well as the African nation’s first and only White Olympian across any sporting discipline. A prodigious swimmer in her youth, Noble represented Uganda at the 2012 World Swimming Championships at just 17 years of age. Then, on a whim during her time as a student at Princeton University, Noble was convinced to try her hand at rowing. Lee Jin-man/APIt is not just a lack of equipment which has hampered rowing’s growth in the east African country.

Persons: Kathleen Noble’s, – Noble, Noble, ” Noble, James Martinez, ” Kathleen Noble, Lee Jin, it’s, ”, ’, “, It’s, I’ve, Seb Daly, “ You’re, I’m Organizations: CNN, Tokyo Games, Princeton University, CNN Sport, Olympic, World Rowing Federation, Tokyo, Uganda Rowing Federation, Ugandan Rowing Federation, National Council of Sports, Ugandan, Paris Games Locations: Uganda, Africa, Lake Victoria, Great, Tennessee, Nakaseke, “ Uganda, It’s, Ireland, Tokyo, Paris

☆ Tim Hetherington captures a moment of brotherhood between two soldiers
▼ + stars: | 2024-05-22 | by ( Rosa Rahimi | ) edition.cnn.com time to read: +8 min

The photograph, taken in 2008 by the late British photographer Tim Hetherington, is from a time when nearly a fifth of all combat in Afghanistan was taking place in the six-mile valley. Tim HetheringtonBoth Hetherington and Junger became “enamoured with the opportunity to show the intimacy of a platoon in combat,” Junger said in an interview via telephone. “My examination of young men and violence, or of young men… It’s as much a journey about my own identity as it is about those young soldiers,” he wrote. ‘It took a little bit from his soul’In this process, Hetherington worried about how photography could be extractive. He wrote of the young men he met there: “They are grimily happy that we are here to help them.

Persons: Tim Hetherington, ”, Sebastian Junger, Hetherington, Doc, Kelso, Junger, ” Junger, “ Restrepo ”, Bobby, “, Tim Hetherington Junger, ” Young, James Brabazon, Tim Hetherington Brabazon, Brabazon, “ Tim, …, Cortez, Greg Brockett, I’m, Stephen Mayes, Tim Hetherington Hetherington, wasn’t, ‘, ” Tim Hetherington, —, Mayes, Tim, he’d, ” Brabazon Organizations: CNN, Liberian, Gaddafi, Tim Hetherington Trust Locations: Korengal, British, Afghanistan, Kunar Province, Cortez, ”, Libyan, Tubmanberg, Liberia, Monrovia, Misrata, Libya

☆ Why OpenAI should fear a Scarlett Johansson lawsuit
▼ + stars: | 2024-05-22 | by ( Brian Fung | ) edition.cnn.com time to read: +11 min

“It doesn’t matter if OpenAI used any of Scarlett Johansson’s actual voice samples,” Li posted on Threads. Here, Johansson could accuse OpenAI of illegally monetizing who she is by essentially fooling users into thinking she had voiced Sky. But there’s substantial case law — and one very inconvenient fact for OpenAI — undercutting that defense, legal experts say. According to Johansson, OpenAI approached her to perform as Sky; Johansson declined. While California’s publicity law protects all individuals, some state statutes only protect famous people, and not all states have such legislation on the books.

Persons: Will Scarlett Johansson, OpenAI, Johansson, OpenAI’s, Sam Altman, OpenAI didn’t, demoed, Tiffany Li, Scarlett Johansson’s, ” Li, monetizing, John Bergmayer, “, ”, —, Bette Midler, Midler, Tom Waits, Waits, …, James Grimmelmann, Scarlett Johansson ”, Altman, Sky’s, Johansson ”, Samantha, ‘, ” Grimmelmann, Joel Saget, ” Bergmayer, Dana Rao, Adobe’s, we’re, Jennifer Rothman, ” Rothman Organizations: Washington CNN, University of San, Public, Ford Motor Company, Appeals, Circuit, Frito, Cornell University, Getty, Adobe, FAIR, University of Pennsylvania Locations: University of San Francisco, California, Midler’s, Paris, AFP

☆ New ‘Richard III’ Raises an Old Question: Who Should Wear the Crown?
▼ + stars: | 2024-05-22 | by ( Houman Barekat | ) www.nytimes.com time to read: +1 min

When Michelle Terry, the artistic director at Shakespeare’s Globe theater in London, decided to put on a production of “Richard III” with a feminist twist, she probably didn’t expect accusations of discrimination. The run-up to the show’s premiere on Tuesday was overshadowed by a controversy over the fact that Terry had cast herself as villainous title character despite not having a physical disability. Richard, described as “deformed” in the play’s opening lines, has traditionally been portrayed as a hunchback — almost always by able-bodied actors, with only a few notable exceptions in recent years. (In 2022 Arthur Hughes, who has radial dysplasia, became the first disabled actor to play Richard for the Royal Shakespeare Company.) When Shakespeare’s Globe announced its casting earlier this year, the Disabled Artists Alliance, a British organization, published an open letter condemning it as “offensive and distasteful,” since Richard’s “disabled identity is imbued and integral to all corners of the script.”

Persons: Michelle Terry, “ Richard III, Terry, Richard, Duke of Gloucester, Henry, Earl of Richmond, Henry VII, —, Arthur Hughes, ” Organizations: Shakespeare’s Globe, Royal Shakespeare Company, Disabled Artists Alliance Locations: London, British

Analyst Ronald Epstein downgraded the electronics maker to underperform from neutral and slashed $15 off his price target to $150. Analyst Rupesh Parikh reiterated his outperform rating on the wholesaler, while lifting his price target by $45 to $850. Analyst Tal Liani reiterated his buy rating on the software stock and price target of $315. Analyst Gabriela Borges upgraded the retail software stock to buy from neutral and raised her price target by $7 to $74. He also slapped a $42 price target on the stock, implying upside of nearly 17%.

Persons: Goldman Sachs, Piper Sandler, Kraft Heinz, Ronald Epstein, Epstein, — Alex Harring, Oppenheimer, Rupesh Parikh, Parikh, Alex Harring, Daniel Grosslight, Grosslight, HIMS, he's, Tal Liani, Liani, CORA, it's, Morgan Stanley, Josh Baer, Baer, Box's, there's, Goldman, Gabriela Borges, Borges, Shopify, Michael Lavery, Lavery, KHC, Fred Imbert Organizations: CNBC, Garmin Garmin, Bank of America, Garmin, Costco, Citi, Kraft, ~$ Locations: Tuesday's, Swiss, Shopify

☆ Kristi Noem’s dog: The internet wants you to believe this is the dog she shot. It isn’t.
▼ + stars: | 2024-05-22 | by ( Donie O'Sullivan | ) edition.cnn.com time to read: +8 min

Indeed, when I Googled “Kristi Noem’s dog” this morning, it was one of the first pictures that popped up. It was on the “Puppy” subreddit where user “LukeWarm273” posted a photo of their dog “Blue” last year. “He’s a cutie,” one Reddit user responded. “Please join me in wishing Cricket (the dog Kristi Noem shot to death) a blessed journey to the land of beautiful puppy dog souls. The story shows a photo of Reddit user LukeWarm273's dog, Blue, next to Noem.

Persons: Kristi Noem, It’s, Kristi Noem’s, LukeWarm273 ”, NewsGuard, LukeWarm273, “, ”, Noem, Donald Trump’s, haring, lear, ince, taff, ike, rove, ake, hotos, hough, uppy) Organizations: CNN, South Dakota Gov, United Kingdom’s, Cricket, GOP Locations: Washington, DC, ”, South Dakota

☆ America's Surge of Dumb Neighborhood Names, Real-Estate Rebrands
▼ + stars: | 2024-05-22 | by ( James Rodriguez | ) www.businessinsider.com time to read: +13 min

Neighborhood names are also shorthand for your rent or mortgage payments. In 2017, real-estate brokers in the historically Black New York neighborhood of Harlem sparked backlash when they tried to rebrand its south end as SoHa. At their best, new neighborhood names bring people together over a shared sense of pride in their little corner of the world. Along the way, these neighborhood names have veered into parody territory. I'm not saying that neighborhood names should be set in stone — in fact, I think it's natural for them to evolve alongside their populations.

Persons: you've, MoRA, Nashville's, they're, Let's, Gill Holland, Holland, Nestor Davidson, David Fagundes, Grant McKenzie, McKenzie, Hakeem Jeffries, Jeffries, Davidson, They're, Bob Dylan's, Marshall, Lily, I'm, Willy, Dirtbag, Little Italy — Organizations: Market, McGill University, University of Maryland, Houston, Financial, Tribeca, McGill, Google, Democratic, New York State Assembly, New York Times, Apple, North Arts District, Congress, Little Locations: Denver, Charlotte , North Carolina, LoSo, Boston, Louisville , Kentucky, NuLu, Austin, America, New York City, Louisville, Holland, North Carolina, Greenwich, Louisville's, Phoenix, Holland's, York, New York, Manhattan, Side, Chelsea, Maryland, Harlem, SoCo, Soho, Dowisetrepla, Charlotte, East Williamsburg

☆ China starts ‘punishment’ military drills around Taiwan days after island swears in new leader
▼ + stars: | 2024-05-22 | by ( Nectar Gan | ) edition.cnn.com time to read: +2 min

CNN —China has launched two days of military drills surrounding Taiwan in what it called “punishment” for “separatist acts,” days after the self-ruling island swore in a new democratically elected leader. China’s ruling Communist Party says the self-ruling democracy is part of its territory, despite never having controlled it, and has vowed to take the island, by force if necessary. The Eastern Theater Command of the Chinese People’s Liberation Army (PLA) said it launched joint military drills involving the army, navy, air force and rocket force in areas around Taiwan at 7.45 a.m. on Thursday. The drills are being conducted in the Taiwan Strait – a narrow body of water separating the self-ruling island with mainland China – as well as north, south and east of Taiwan. It expressed regret to “such irrational provocations and actions that undermine regional peace and stability.”

Persons: Lai Ching, China’s, Li Xi, ” Lai, Lai Organizations: CNN, Communist Party, Eastern Theater Command, People’s Liberation Army, PLA, Democratic Progressive Party, Taiwan’s Defense Ministry Locations: China, Taiwan, Kinmen, Beijing

☆ 50 Cent has been trolling Diddy mercilessly. Here’s the history of the beef between them
▼ + stars: | 2024-05-22 | by ( Lisa Respers France | ) edition.cnn.com time to read: +5 min

CNN —There is no love lost between hip-hop moguls 50 Cent and Sean “Diddy” Combs. CNN has reached out to representatives for 50 Cent and Netflix for comment. Members of law enforcement are seen outside of Sean "Diddy" Combs' home in Los Angeles on March 25, 2024. Earlier this month, he released a song titled “Pick a Side” in support of his father and taking aim at critics like 50 Cent. Gareth Cattermole/Getty Images“All that gossip sh*t is whack when all they had was 50 Cent / Who put this city on the map?

Persons: Sean “ Diddy ” Combs, Combs, Cassie Ventura, Christopher Wallace, Wallace, “, Tupac Shakur, Ventura, Sean, Diddy, ” Diddy, ” Combs, he’s, that’s, Christian Combs, King Combs, Justin, Aaron Dyer, ” King Combs, King, Gareth Cattermole, ”, “ I’m Organizations: CNN, Netflix, Department of Homeland Security Investigations, Hamptons, KCBS, Billboard Locations: Los Angeles, New York, Miami

☆ Paris 2024: What is an Individual Neutral Athlete at the Olympic Games?
▼ + stars: | 2024-05-21 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +8 min

CNN —Russian athletes have competed under several different guises throughout the 128-year history of the Olympics, and they will be known by another new name at Paris 2024. Antonin Thuillier/AFP/Getty ImagesHere’s everything you need to know about the participation of Russian and Belarusian athletes at the 2024 Olympics. “The sanctions against those responsible for the war, the Russian and Belarusian states and governments, remain in place for the Olympic Games Paris 2024,” the IOC said in a statement. “No flag, anthem, colors or any other identifications whatsoever of Russia or Belarus will be displayed at the Olympic Games Paris 2024 in any official venue or any official function,” the statement continues. Like all other athletes, AINs will need to meet anti-doping requirements to be considered for selection.

Persons: Ukraine –, Igor Kobzar, Antonin Thuillier, –, AINs, Star Pau Gasol, Nicole Hoevertsz, Ryu Seung, Robert Michael, Russia –, Mariya Lasitskene, ”, Daniil Medvedev, “, it’s, Russia ” Organizations: CNN, Olympics, Belarus –, International Olympic Committee, IOC, ATP, WTA, Russian Olympic, Getty, Games, Olympic Games, Star, Athletes ’ Commission, International, Russian Olympic Committee, Paris, Tokyo, Kyodo, ROC, “ Unified, ”, Soviet Union, Unified Locations: Ukraine, Belarus, Belarusian, Donetsk, Kherson, Luhansk, Zaporizhzhia, Paris, France, Russia, AFP, Russian, AIN, Tokyo, Beijing, China, –, Moscow, Pyeongchang, South Korea, Barcelona, Soviet, Baltic, Lithuania, Latvia, Estonia

☆ My kids' middle names are places my husband and I have loved. I didn't want to name them after people.
▼ + stars: | 2024-05-20 | by ( Katrina Donham | ) www.businessinsider.com time to read: +5 min

I gave birth to my first child — a daughter — in New York City in April of 2020, just after the start of the pandemic. Related stories"Roan" was the perfect choice for my first child — Roan Mountain held such a special place in my heart, and I knew that one day, it would hold a special place in her heart, too. AdvertisementHowever, despite our decision being the right one for our family, my husband and I started to find ourselves grieving our pre-kid, city life. Without a doubt, the Hudson River Valley quickly became one of our homes-away-from-home — another special place in our book of life. It was perfect, and when we were surprised with a second daughter, it fit her well.

Persons: —, I'd, Roan, We'd Organizations: Appalachian, Metro Locations: New York City, United States, Tennessee, — Roan, Asheville , North Carolina, Queens, Hudson

☆ Supreme Court refuses to hear case from parents who objected to school’s transgender support plans in DC suburbs
▼ + stars: | 2024-05-20 | by ( John Fritze | ) edition.cnn.com time to read: +2 min

CNN —The Supreme Court on Monday declined to review an appeal from a group of parents who claimed their suburban Washington-area school district was hiding transgender support plans involving their children. It’s the latest in a series of cases where the high court has dodged the issue of transgender rights at school – often leaving in place lower court rulings that sided with trans students. The appeals court said that the parents had not established that they were injured in a way that allowed them to sue. Three years ago, the Supreme Court declined to take up an appeal from a Virginia school district about whether schools may ban transgender students from using a bathroom that reflects their gender identity. Last year, the court denied West Virginia’s request to let it enforce a state law that bans transgender women and girls from participating on public school sports teams.

Persons: “, ”, West Organizations: CNN, Montgomery Country Locations: Washington, Maryland, Maine, California, Virginia

☆ What Walmart's RTO mandate is really about
▼ + stars: | 2024-05-20 | by ( Dominick Reuter | Tim Paradis | ) www.businessinsider.com time to read: +7 min

Walmart's chief people officer, Donna Morris, commented similarly in a memo announcing the layoffs and relocations earlier that week. She wrote that working in an office would help workers collaborate, innovate, and "move even faster." Still, some employees continued working remotely, and several satellite offices remained open in cities like Atlanta, Dallas, Toronto, and Seattle. He also said he doesn't think the company is using this RTO mandate as a cover for achieving cost savings through workforce reductions, commonly referred to as "quiet firing," but that it's more part of Walmart's ethos. For the remote worker BI spoke with, the next few weeks will be filled with uncertainty.

Persons: —, it's, Sam Walton, Nelson Lichtenstein, Doug McMillon, Donna Morris, Morris, Suresh Kumar, Walmart's, Kumar, Kelli Oakes, she'd, I'm, Oakes, Lichtenstein, there's, Gartner Organizations: Service, Walmart, Business, University of California, Executives, BI, Home, LinkedIn, Walmart Global Tech, Sam's Club, UC Locations: Arkansas, Bentonville , Arkansas, New York, San Francisco, Santa Barbara, Bentonville, Atlanta, Dallas, Toronto, Seattle, Bay, Hoboken , New Jersey, South Carolina, Northwest Arkansas

☆ Identity theft is where bad actors are focusing their attention, says CyberArk CEO
▼ + stars: | 2024-05-20 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIdentity theft is where bad actors are focusing their attention, says CyberArk CEOMatt Cohen, CyberArk CEO, joins 'Closing Bell Overtime' to talk its acquisition of Venafi, the cybersecurity landscape, and more.

Persons: Matt Cohen Organizations: Venafi

☆ With JPMorgan, Mastercard on board in biometric 'breakthrough' year, you may soon start paying with your face
▼ + stars: | 2024-05-20 | by ( Todd Wasserman | ) www.cnbc.com time to read: +5 min

In January, Steak 'N Shake, a fast-casual restaurant in the Midwest, started installing facial recognition kiosks in its 300 locations for patron check-in. "We believe our partnership with JPMorgan is a watershed moment for biometric payments as it represents the first time a leading merchant acquirer has agreed to push biometric payments to its merchant customers," Miller said. "JPMorgan brings the kind of credibility and assurance that both merchants and consumers need to adopt biometric payments." The majority still prefer fingerprint scans to facial recognition, according to a 2023 survey from PYMENTS, but age is a factor. Juniper Research forecasts over 100% market growth for global biometric payments between 2024 and 2028, and by 2025, $3 trillion in mobile, biometric-secured payments.

Persons: PopID, Dennis Gamiello, John Miller, Miller, acquirer, Sheldon Jacobson, Jacobson Organizations: Foods, Mastercard, NEC, Target, AliPay, KFC, JPMorgan, Consumers, Juniper Research, University of Illinois, Facebook Locations: Flippy, Pasadena , Calif, Midwest, Brazil, Asia, Pacific, Illinois, China, McDonald's, U.S, Urbana, Champaign

☆ The fraud trial of Ozy Media cofounder Carlos Watson has begun. His attorneys have argued race played a role in his indictment.
▼ + stars: | 2024-05-20 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +5 min

Read previewAttorneys began jury selection in the criminal fraud trial of Carlos Watson, the cofounder of the fallen digital media startup Ozy Media. This story is available exclusively to Business Insider subscribers. Carlos Watson is a Black man and Ozy Media was majority-owned by people of color." AdvertisementAttorneys for Watson did not immediately respond to a request for comment from Business Insider on Monday. Semafor co-founder, former New York Times columnist, and BuzzFeed News editor in chief Ben Smith and Ozy co-founder Carlos Watson.

Persons: —, Carlos Watson, Watson, Watson's, Semafor, Ben Smith, Ozy, Dia Dipasupil, Kimberly White, Marc Lasry, Laurene Powell Jobs, Ron Conway, Axel Springer, Smith, Samir Rao, Suzee Han, Goldman Sachs Organizations: Service, Ozy Media, Business, Prosecutors, Apple, Google, Vice Media, New York Times, Goldman Locations: Brooklyn , New York, Buzzfeed

☆ N.Y.C. Parents Rebuked for Questioning Transgender Student-Athlete Rules
▼ + stars: | 2024-05-20 | by ( Troy Closson | ) www.nytimes.com time to read: +1 min

This spring, a group of elected parent leaders in New York asked the city to review education department rules allowing transgender students to play on sports teams that align with their gender identity. The parent council — representing the diverse local District 2 that weaves through the West Village, Hell’s Kitchen and the Upper East Side — said that the current policies present “challenges to youth athletes and coaches” and fail to consider the “well-being of girls.”The schools chancellor, David C. Banks, called the proposal “despicable” and “no way in line with our values.”Democratic officials also have responded to the parent council swiftly, and angrily. In a letter made public on Monday, a coalition of 18 Democratic elected officials from New York called the proposal “hateful, discriminatory and actively harmful” to the city’s children. As officials in more conservative jurisdictions move to bar or restrict transgender athletes from competing, the resolution and ensuing backlash in New York illustrate how charged the issue is in one of the most heavily Democratic cities in the country.

Persons: ”, David C, Banks Organizations: Democratic Locations: New York

☆ I used bots to work for Instacart. You need one to make the job worthwhile.
▼ + stars: | 2024-05-19 | by ( Alex Bitter | ) www.businessinsider.com time to read: +5 min

Business Insider has verified his identity and his use of two bots designed for gig delivery apps. I found this guy who writes some articles on gig work, and he talked about having access to bots for Instacart. AdvertisementThe biggest reason I purchased it was because you just have to keep refreshing the screen to get orders on Instacart. AdvertisementAn Instacart spokesperson told BI: "This shopper was deactivated from our platform for blatant and abusive violations of our terms of service." Do you work for Instacart, DoorDash, Walmart Spark, or another gig delivery service and have a story idea to share?

Persons: Ted Rosner, That's, Instacart, I've, it's Organizations: Service, Business, Walmart Locations: Washington, DC, Instacart, DoorDash

☆ Warren Buffett's Berkshire has been a net seller of stocks for 6 quarters in a row. Here's why
▼ + stars: | 2024-05-19 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Warren Buffett's Berkshire Hathaway has been a net seller of stocks for six straight quarters despite the recent disclosure of a headline-making purchase of a stake in insurer Chubb . In fact, Berkshire hasn't been a net buyer of stocks since the third quarter of 2022, according to an analysis of filings. The bulk of the first quarter selling came from trimming Berkshire's massive Apple bet by 13% after reaping enormous gains. "If I saw one of those now, I'd do it for Berkshire," Buffett told shareholders, referring to his Japanese investment. Berkshire's cash hoard reached a record $189 billion in the first quarter, up from almost $168 billion in the fourth quarter.

Persons: Warren, Berkshire Hathaway, Chubb, Berkshire hasn't, Buffett, hasn't, I've Organizations: Berkshire, HP, Paramount, Treasury, Federal Reserve Locations: The Omaha, Berkshire, Omaha, Zurich, Louisiana, Pacific

Read previewLegal challenges by conservative lawmakers and activists against guaranteed basic income programs are heating up nationwide. Guaranteed basic income programs differ from their idealistic cousin — a universal basic income. AdvertisementWhile localized guaranteed basic income programs are tiny compared to a nationwide universal basic income, they are the subject of no less conservative opposition. Local politicians in places like South Dakota and Arizona have moved to block basic income programs for this reason alone. AdvertisementWhile these arguments appear to support giving basic income payments to a broader group of people, it's unlikely many conservatives would actually support a universal basic income.

Persons: —, Andrew Yang, Sam Altman, Republican Sen, John Wiik, Kathryn Blankenberg, Ken Paxton, Paxton, It's Organizations: Service, Business, Republican, Judicial Watch, American Civil Rights, Texas Locations: South Dakota, Arizona, Dakota, San Francisco, Texas, Houston, Harris County

☆ Here's the moment Nvidia became the AI king and what it must do this week to keep the throne
▼ + stars: | 2024-05-19 | by ( Jim Cramer | ) www.cnbc.com time to read: +11 min

No one is laughing about Jayshree's company, either, as her white box solutions are beating Cisco Systems when it comes to the internet plumbing that connect Nvidia chips to the Titans. Last year at this time, Nvidia snuck into the U.S. trillion-dollar market cap club, with that May quarter. What does Nvidia really have to do then for an encore? Now we are getting into what Jensen does to beat expectations. Tall order, but Nvidia is a company that's beaten tall orders routinely we just didn't really know it until last May.

Persons: Jensen Huang, Jensen, Claude, let's, Blackwell, Andy Grove, Intel's, doesn't, — Jensen, Collette Kress, Mills, Eli Lilly, Jim Cramer's, Jim Cramer, Jim, Josh Edelson Organizations: Nvidia, Titans, Arista Networks, Microsoft, Meta, Cisco Systems, Google, Apple, Devices, Intel, Merck, Keytruda, Vision, AMD, Grove, Union Pacific, Club, GE, Jim Cramer's Charitable, CNBC, SAP Center, Afp, Getty Locations: San Jose , California

☆ Rich Chinese millennials are creating new status symbols. Here are 11 ways they are redefining luxury.
▼ + stars: | 2024-05-19 | by ( Alexandra Bacon | ) www.businessinsider.com time to read: +12 min

Rich millennials in the US have been known to splash out on their pets, new laundry rooms, and expensive coffee machines. And over in China, rich millennials have their own ideas of what counts as a luxury status symbol. AdvertisementExpect to see these rich millennials mixing luxury casual wear like T-shirts and sneakers with traditional luxury brands, Banta told BI. And getting regular aesthetic treatments has become a top priority for affluent millennials, Banta told BI. Independent luxury brands that offer more authentic products and those that draw on cultural heritage are also highly in demand, she said.

Persons: —, they've, Rich millennials, They've, Claudio Lavenia, Louis Vuitton, Daniel Langer, Amrita Banta, Budrul Chukrut, Elisa Harca, Ant Asia, Mary, Kate, Ashley Olsen, prioritizes, Harca, Banta, JUAN BARRETO, Olivia Plotnick, Port Ellen, Alexandra Bacon, Ewan Andrew, Langer, Black Pearl, JOHANNES EISELE, Olivier Morin, Plotnick, Tom Dixon, Potnick, Gen, Gabriella Tegen, Gen Z Organizations: Service, Business, Pepperdine University, Research, Getty, JUAN BARRETO Travel, Wai, Social, Diageo, Michelin, China Morning, Meituan, Clover, Bloomberg, Clover Suites, China News Service, McKinsey, Brands, Independent Locations: China, Antarctica, Iceland, Shanghai, Port, Scotland, That's, Harca, Singapore, Banta, millennials

☆ Scottie Scheffler was arrested, then came back to shoot 5-under par at the PGA Championship
▼ + stars: | 2024-05-19 | by ( Ramon Sanchez | Ray Sanchez | ) edition.cnn.com time to read: +11 min

John Mills enjoyed working security at Valhalla Golf Club, his family says. 1 golfer Scottie Scheffler was handcuffed by police Friday morning. When Scheffler exited the vehicle, the officer shoved Scheffler against the car and immediately placed him in handcuffs.”Darlington attempted unsuccessfully to intervene. “The police officers around the patrol car in which Scottie Scheffler was in had no idea he was even Scottie Scheffler,” Darlington said on air. He was proceeding as directed by another traffic officer and driving a marked player’s vehicle with credentials visible,” Romines said in a statement, referring to Scheffler.

Persons: Scottie Scheffler, Scheffler, didn’t, John Mills, ”, “, ” Scheffler, Mills, Craig Greenberg, ” Mills, Collin Morikawa, Bryan Gillis, Gillis, ” Scheffler “, abrasions, Jeff Darlington, Scheffler “, ” Darlington, Darlington, …, ’, Steven Romines, Romines, Scottie, Josh Abner, Mike O’Connell, Andrew Redington, “ Let’s, ’ ” Scheffler Organizations: CNN, PGA, Valhalla Golf, Louisville Metro Police Department, WDRB, Valhalla Golf Club, Lexus, ESPN, Police, “ Locations: Louisville , Kentucky, Shelbyville, Valhalla, ” Darlington, Louisville, “, Jefferson County

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