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☆ RV sales are picking up. That’s a good sign for the economy
▼ + stars: | 2024-06-16 | by ( Alicia Wallace | ) edition.cnn.com time to read: +10 min

When consumer sentiment falters or the economy starts to teeter, RV sales follow suit, said Michael Hicks, an economics professor at Ball State University and director of Indiana University’s Center for Business and Economic Research. “People don’t make these large, luxury purchases unless they’re actually feeling better about the economy,” said Hicks, who follows the RV industry closely. “It’s so sensitive to interest rate changes, which often precede a downturn.”A Winnebago travel trailer at Motor Sportsland RV dealership in Salt Lake City on April 6, 2020. Nika Shneyder and her father and business partner, Alex Shneyder, standing by a Chill RV in Malibu RV Park, California, in 2019. They moved down to a historically strong, but noticeably smaller, 493,000 the next year, according to data from the RV Industry Association.

Persons: That’s, Nika Shneyder, “ We’re, ” Shneyder, “, Michael Hicks, ”, Hicks, George Frey, bode, ” Michael J, Happe, hasn’t, We’ve, we’ve, Covid, Alex Shneyder, Nika, they’d, Monika Geraci, David Titus, Ty Wright, there’s, Ball State’s Hicks, ’ Titus, they’re, we’ll, Titus, ” Titus Organizations: CNN, Ball State University, Indiana University’s Center for Business, Economic Research, Bloomberg, Getty, Winnebago Industries, RV Industry, Dealers, RVs, Consumers, HL Enterprise, Manufacturing, of Labor Statistics Locations: Los Angeles, teeter, Salt Lake City, YOLO, Malibu, , California, Elkhart , Indiana, The Northern Indiana, South Bend, Elkhart, “, Elkhart .

☆ Meet the Professors Whose Porn Careers Cost Them Their Jobs
▼ + stars: | 2024-06-16 | by ( Hallie Lieberman | ) www.businessinsider.com time to read: +28 min

The porn videos had titles like "Juicy Anniversary" and "Bedroom Shenanigans." In search of a man for Wilson, Gow sought advice from his therapist, who suggested joining a swingers club. In the background, Video Gow is moaning "Oh yeah" as IRL Gow says, "I've always had some ED issues." As the video ends with the big finale — the money shot, as it's known in the industry — Video Gow stands above kneeling Video Wilson, arms outstretched. The termination letter said he had failed to properly report his income from the porn videos and had violated "prohibitions for using one's public position for private benefit."

Persons: Joe Gow, Carmen Wilson, Gow, isn't, " Gow, Wilson, Bruce Springsteen, we've, It's, I'm, Simone Lueck, BI Gow, hadn't, Wilson's, Nina Hartley, Danny Mountain, who'd, We've, Cal Berkeley, Lauren Phillips, Phillips, mischievously, We’ll, We'll, Barack Obama, Geri, Jay Hart, IRL Gow, I've, she'd, Barack Obama's, Hartley, Raymond Cross, Cross, Hartley dustup, Stills, —, Tony Tomich, Moberg doesn't, Gow's, demurely, Starr, Socrates, Eugene Volokh, Roe, Diane, wouldn't, aren't, They've, Wilson wouldn't, Hallie Lieberman, She's Organizations: University of Wisconsin, selfies, CNN, The, BI, UW, La, Sony, Higher, MIT, USC, Cal, Dickinson State University, Food Network, IRL, Dartmouth, La Crosse Tribune, La Crosse, University of, FTI Consulting, Easton Moberg, Press, Stanford, Court, eBay, Sssh.com Locations: La Crosse, London, India, Gaza, Gow, Rock, San Francisco, Wisconsin, Chicago, Los Angeles, North Dakota, Arizona, Communist China, City, San Diego

☆ How Carvel’s Fudgie the Whale became a Father’s Day icon
▼ + stars: | 2024-06-16 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +5 min

New York CNN —Whiskey, steaks and ties are all typical gifts for Father’s Day, but one specifically made for the holiday takes the cake: Fudgie the Whale. Ice cream cakes quickly flew off the shelves, first created in the mid-1950s, and twenty years later he thought of making a cake for Father’s Day. Fudgie helped Father’s Day become Carvel’s busiest day of the year for buying cakes, Salerno said. Fudgie’s popularity extends beyond Father’s Day, Salerno said, popular for other occasions like birthdays and anniversaries, too. The Fudgie family expanded this year with the introduction of Fudgie Pops, which are mini Fudgie cake pops on a stick.

Persons: Father’s, Tom Carvel, Fudgie, Jim Salerno, Carvel, Salerno, ” Salerno, ”, David Henkes, Baskin Robbins, Anne’s, Cookie, “ It’s, Santa Claus, “, It’s, Guy, Kelly Ripa, Kelly, Mark ”, he’s Organizations: New, New York CNN, Father’s, CNN, Dairy, Focus, “, New York Mets ’, Yankees Locations: New York, Father’s, Technomic, East Coast, Santa, Salerno

☆ Why student loan forgiveness sparks anger: A philosopher, attorney general, sociologist and religious thought expert weigh in
▼ + stars: | 2024-06-16 | by ( Annie Nova | ) www.cnbc.com time to read: +5 min

D'Aungilique Jackson, of Fresno, California, holds a "Cancel Student Debt" sign outside the U.S. Supreme Court in Washington, D.C., after the nation's high court struck down President Joe Biden's student debt relief program on Friday, June 30, 2023. Kent Nishimura | Los Angeles Times | Getty Images'A common-sense fairness question'"There is a common-sense fairness question when it comes to erasing student debt," Griffin wrote in an email to CNBC. "Our priorities should be preventing and alleviating student debt, rather than insisting on a narrative of personal responsibility." So student loan forgiveness may affect more Democrats than Republicans directly." Some who oppose student loan forgiveness view education as a private commodity that benefits the person who purchases it."

Persons: D'Aungilique Jackson, Joe Biden's, Kent Nishimura, Griffin, Kate Padgett Walsh, they've, Padgett Walsh, Devin Singh, Singh, there's, Charlie Eaton, haven't, Eaton Organizations: U.S, Supreme, Washington , D.C, Los Angeles Times, Getty, CNBC, Biden, Valuable Education, Iowa State University, Dartmouth College, Democratic, University of California Locations: Fresno , California, Washington ,, Arkansas, Merced

☆ US Navy faces 'most intense combat since World War II' against Yemen's Iran-backed Houthi rebels, defense experts say
▼ + stars: | 2024-06-16 | by ( Cameron Manley | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe US is facing its most intense battle since World War II against Yemen's Houthi rebels, experts say. "This is the most sustained combat that the US Navy has seen since World War II — easily, no question," he said. US warships from the US Navy's Dwight D. Eisenhower Carrier Strike Group had fired over 500 munitions fighting the Houthis, Business Insider reported on May 23. Sailors often have only a few seconds to confirm an incoming Houthi strike.

Persons: —, Yemen's Houthi, Bryan Clark, Navy submariner, Dwight D, CENTCOM, Yemen's, Mohammed Hamoud, National Intelligence Avril Haines, Cmdr, Eric Blomberg, Laboon, David Wroe, Eisenhower, Navy Carlos Del Toro, Biden, Brian Finucane, Fabian Hinz Organizations: Service, Navy, Hudson Institute, Associated Press, Business, US Navy, Congressional Research Service, Eisenhower Carrier Strike, military's, Command, National Intelligence, AP, Pentagon, Munitions, Crisis Group, Institute for Strategic Studies, Palestine Locations: Israel, Gaza, Red, Yemen, Iran, Palestine, Eilat, London

☆ This couple lives in a vintage 940-square-foot trailer by the beach for $5,100 a month: It's 'the California dream'
▼ + stars: | 2024-06-15 | by ( Jaclyn Westlake | ) www.cnbc.com time to read: +7 min

When my husband Brian first told me he's from Laguna Beach, it took everything in me to play it cool. Deciding we wanted to stay in Laguna Beach wasn't hard — I mean, it's beautiful, sunny, laid back, and has a thriving art scene. Finding a creative way to live in Laguna BeachThe median home price in Laguna Beach hovers around $3 million and the median monthly rent is over $8,000. Take a look inside our 'vintage' Laguna Beach trailerOur two-bedroom, two-bathroom home was built in the 1960s. The trailer is across the street from the beach and Jaclyn and Brian typically head over a couple days a week.

Persons: Brian, millennials, I'd, Kristin, Seth, Brian's, we'd, We've, Jaclyn Westlake, we're, Jaclyn, Tristan Pelletier, you'll, it's, Brian didn't, Indiana Jones, we've Organizations: CNBC, Brian's Locations: Laguna Beach, Los Angeles, Laguna, Brian's, It's, California

☆ Opinion | Jan. 6, America’s Rupture and the Strange, Forgotten Power of Oblivion
▼ + stars: | 2024-06-15 | by ( Linda Kinstler | ) www.nytimes.com time to read: +1 min

On March 4, Judge Tanya Chutkan presided over jury selection for a criminal trial in a Jan. 6, 2021, case. On his first day in court, Mr. Nester sat next to his attorney wearing a collared shirt and a tie, his glasses perched atop his gray hair. He glumly surveyed the potential jurors seated in the benches behind him, 12 of whom would later that week determine his fate. Mr. Trump, whose criminal trial has been put on hold pending Supreme Court review, spent that week on the campaign trail. Mr. Nester is the among the latest in a long string of Jan. 6 insurrectionists who have over the past three and a half years sat for trial in the E. Barrett Prettyman U.S.

Persons: Tanya Chutkan, Donald Trump, Nester, glumly, Trump, Barrett Prettyman Organizations: Capitol, Courthouse Locations: Pennsylvania, Washington, Washington ,

☆ There may not be many of them. But these Southern lesbian bars are still finding ways to thrive
▼ + stars: | 2024-06-15 | by ( Leah Asmelash | ) edition.cnn.com time to read: +14 min

While not an official tally, the Lesbian Bar Project aims to amplify and keep track of these spaces, which can register with the project. In the South, The Lipstick Lounge, Tennessee’s only bar registered with the Lesbian Bar Project, is in Nashville’s hip East End neighborhood. By the end of Burton’s trip, she found that the narrative of “dying lesbian bars” was maybe not totally accurate. “Sometimes it’s a physical shift from a lesbian bar to a bar that sometimes holds … queer or lesbian nights,” Burton said. Though the two are married, they don't classify their bar as a lesbian bar.

Persons: Sade, Tracy Chapman croon, Erin Karcher, “, Karcher, Joy Carter, ” Carter, it’s, ” Karcher, Lillian Faderman, you’re, “ We’re, ”, ” There’s, We’re, Krista Burton, Moby Dyke, —, isn’t, ” Burton, Burton, bartenders, Sue Ellen’s, Shamecca, they’ve, who’ve, ” Le’Teshia, Herz, Kimberly McKeand, CBS42, Le’Teshia, Christa Suppan, ” Suppan Organizations: CNN, Durham Performing Arts Center, Lesbian, Nucleus, Lesbian Bar, Gallup, Stonewall, Mobile Locations: Durham, Raleigh, North Carolina , Texas, Tennessee, Chicago, San Francisco, Durham , North Carolina, Georgia, Atlanta, Washington, North Carolina, New York, Seattle, America, Herz, Mobile , Alabama, Tulsa , Oklahoma, Dallas, Richmond , Virginia, Mobile, Gulf, Florida, Mississippi, ”, Virginia, Richmond

☆ Opinion | Learning to Love My Father as His Mind Unraveled
▼ + stars: | 2024-06-15 | by ( Cornelia Channing | ) www.nytimes.com time to read: +1 min

When I was around 10 years old, my father started hiding bananas in our house. We found them in the dishwasher, in the junk drawer, behind the potted plants. I once came upon an entire bunch hanging from the shower head. A wood sculptor, he had always been obsessive, almost rabid, about his work. But now it was as if someone had yanked out his batteries.

Persons: Dad, he’d

☆ My husband was a stay-at-home dad for a year. I learned about the double standards that exist for working dads and moms.
▼ + stars: | 2024-06-15 | by ( Marylou Costa | ) www.businessinsider.com time to read: +6 min

The financial freedom to have just one parent working for an entire year is not something I have taken lightly. That's why, when my husband made the choice to be a stay-at-home dad, I didn't want to just be unavailable all day, buried in work. MaryLou Costa pitched in while her husband was a stay-at-home dad. Courtesy MaryLou CostaI learned a lot about double standards while my husband was a stay-at-home dadWhile my husband was a stay-at-home dad, it opened my eyes to double standards. It's something dads are often congratulated for, yet it's expected of working moms.

Persons: wasn't, it's, We've, —, we're, We're, MaryLou Costa, Costa, we've, MaryLou, Costa It's, that's Organizations: Service

☆ Soaring fast food prices encourage Big Mac junkies to cook at home
▼ + stars: | 2024-06-15 | by ( Grace Dean | ) www.businessinsider.com time to read: +6 min

Read previewAs fast-food prices continue to soar, Americans are looking for ways to get more bang for their buck. Like fast-food prices, grocery prices soared during the pandemic. But grocery prices are now largely back to pre-pandemic levels, while inflation at limited-service restaurants still remains elevated. When fast-food prices rise at a faster rate than grocery prices, consumers notice. He attributed this to the price increases at fast-food chains.

Persons: —, Chad Frye, Frye, Thomas Valentine, Jordan Sanchez, he's, Lawrence Milford's, Laxman Narasimhan, McDonald's, Danilo Gargiulo, Bernstein, John Furner, footfall —, Michael Siluk, Martin Jennings, Jennings, Brooks Ferrante, Ben Heyworth, it's Organizations: Service, Business, Walmart, Getty Locations: California, Arizona, Florida, Puerto Rican

☆ Nvidians Reveal Jensen Huang's Leadership Style: Admit Your Mistakes
▼ + stars: | 2024-06-14 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +6 min

Eight current and former Nvidia employees spoke to Business Insider about Huang's leadership style and what it's like to be grilled by him. This story is available exclusively to Business Insider subscribers. AdvertisementThree former senior-level employees said Huang's leadership style is based on this focus on continuous improvement and learning from mistakes. The 'Jensen grilling'Senior-level employees often experience what some have referred to as a "Jensen grilling"— intense questioning by Huang. One employee likened Huang's grilling to an attorney's interrogation, noting that he wouldn't back down until he'd made his point.

Persons: —, Jensen Huang, Mark Zuckerberg, Taylor Swift, Huang, they've, Columbo, Hunag, Jensen, he'd Organizations: Service, rockstar, Nvidia, Business Locations: Silicon Valley, Hawaii, Bay, Japan, jyotimann

☆ Caitlin Clark: WNBA star says people weaponizing her name is ‘disappointing’
▼ + stars: | 2024-06-14 | by ( Ben Church | ) edition.cnn.com time to read: +4 min

CNN —As she adjusts to life in the WNBA, rookie phenom Caitlin Clark is also having to navigate becoming a lightning rod for societal discourse. “It’s disappointing,” replied Clark ahead of the Indiana Fever’s home game against the Atlanta Dream. Her rivalry with fellow star Angel Reese, for example, has triggered discourse about race in the US. Clark has had a mixed start to her WNBA career so far, showing flashes of her brilliance but struggling initially with the physicality of the professional game. “Nobody’s apathetic about the WNBA because we’ve brought in so many new fans into what we call the fan funnel this year.”

Persons: Caitlin Clark, Clark, she’d, “ It’s, ”, “, Steph Chambers, Angel Reese, Reese, I’ll, ” Reese, ‘, ” Clark, don’t, DiJonai Carrington, ” Carrington, reignite, Cathy Engelbert, haven’t, ’ ’, Engelbert of Clark, “ We’re, Caitlin, Engelbert, Cameron Brink, we’ve Organizations: CNN, WNBA, Indiana Fever, Indiana Fever’s, Atlanta, Seattle Storm, NCAA, Sun, Twitter, Indiana, Chicago Sky, USA, Wednesday Locations: USA

☆ Here are Friday's biggest analyst calls: Nvidia, Tesla, Hasbro, Sunrun, Amazon, Costco, Spotify, Pinterest, Apple & more
▼ + stars: | 2024-06-14 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Piper Sandler reiterates Pinterest as a top pick Piper said it's sticking with its overweight rating on the stock. JPMorgan reiterates Amazon as overweight JPMorgan said the e-commerce giant remains a top pick at the firm. The firm also says it's sticking with its outperform rating on Apple. "We are reiterating our Buy rating and raising our price target on shares of Costco from $890 to $940." Morgan Stanley reiterates Tesla as overweight Morgan Stanley said it's sticking with its overweight rating on Tesla .

Persons: Bernstein, it's, D.A, Davidson, KBW, Tesla, underperform Bernstein, Musk, Piper Sandler, Pinterest, Piper, Evercore, Morgan Stanley, Sunrun, Guggenheim, Macquarie, Roblox, TD Cowen, Cowen, Michael Colglazier, Morgan Stanley downgrades Twilio, JPMorgan, GenAI, Wolfe, Elon Organizations: Bank of America, Elon, Spotify, UBS, TPC, Galactic, America, JPMorgan, Adobe, " Bank of America, Hasbro, of America, Monopoly, Apple, Baidu, Apple Intelligence, Costco, Nvidia, Tesla Locations: China

Learn moreThe 2024 Stanley Cup Finals continue tonight with Game 3 of the Florida Panthers vs. Edmonton Oilers match-up. We've put together everything you need to know about how to watch the Stanley Cup Finals, including options that will work for the entirety of the series. The Oilers will attempt to get back into the competition tonight, but another win for the Panthers gets them that much closer to the Stanley Cup. How to watch Stanley Cup Finals in the USGame 3 of the Stanley Cup Finals will air on ABC on Thursday at 8 p.m. See at FuboHow to watch Stanley Cup Finals from anywhereThose planning to travel outside the US during the Stanley Cup Finals can keep up with their subscriptions using a VPN.

Persons: We've, There's, you'd, Fubo, ExpressVPN Organizations: Business, Florida Panthers, Edmonton Oilers, Stanley, Panthers, Oilers, Vegas Golden Knights, ABC, ESPN, MLB, NHL, NFL, UFC, Hulu, Disney Plus

☆ Clarence Thomas took more undisclosed trips paid for by GOP megadonor Harlan Crow, Senate committee chair says
▼ + stars: | 2024-06-13 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

Supreme Court Justice Clarence Thomas has omitted at least three private jet trips gifted by Republican megadonor Harlan Crow from his annual financial disclosures, a top Senate Democrat alleged Thursday. Those trips included private flights in 2017, 2019 and 2021 that Thomas failed to disclose, according to Judiciary Committee Chairman Dick Durbin of Illinois. The Senate probe of the Supreme Court "makes it crystal clear that the highest court needs an enforceable code of conduct, because its members continue to choose not to meet the moment," Durbin said in a statement. Spokespeople for Thomas and the Supreme Court did not immediately respond to CNBC's requests for comment. Thomas said in his latest disclosure that those two trips were "inadvertently omitted" at the time.

Persons: Clarence Thomas, Harlan Crow, Thomas, Dick Durbin of, Crow, Durbin, Spokespeople, ProPublica, Elliot Berke Organizations: Republican, Dick Durbin of Illinois, CNBC, Washington , D.C, D.C, Senate Locations: St, Louis , Missouri, Kalispell , Montana, Dallas , Texas, Washington ,, Savannah , Georgia, San Jose , California, Bali, Indonesia, Monte Rio , California, Crow

☆ How Elon Musk's massive pay package stacks up against other CEOs
▼ + stars: | 2024-06-13 | by ( Madeline Berg | ) www.businessinsider.com time to read: +3 min

The results of the Tesla shareholder vote on Elon Musk's pay package will be announced Thursday. And if the pay package does eventually get approved, it's hard to know exactly how much it will be worth when Musk, who is worth $198 billion, per Bloomberg, actually exercises the options. Musk's pay package was worth $2.3 billion when it was granted to him in 2018, though its value has sky-rocketed as the stock ballooned and the various tranches of options vested. "When you start seeing someone making a couple hundred million — $250 million, $220 million — it seems that's when questions and media coverage starts to happen," Schloetzer said. AdvertisementTo put Musk's pay package into perspective, we compared it to those of other CEOs.

Persons: Musk, Tesla, Jason Schloetzer, it's, hasn't, Schloetzer Organizations: Service, Elon, Barclays, Kering, Business, Georgetown University's McDonough School of Business, Bloomberg Locations: Delaware, Iceland, Paraguay

☆ Tesla shareholders vote to reinstate Elon Musk’s $56 billion pay package
▼ + stars: | 2024-06-13 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +4 min

Tesla shareholders on Thursday voted to ratify CEO Elon Musk's mammoth 2018 pay plan, five months after a judge in Delaware ordered the company to rescind the package, finding it had been improperly granted by the board. Watch Elon Musk speak at the Tesla shareholder meeting nowThe compensation package was previously worth as much as $56 billion in Tesla stock. However, during last year's meeting, Musk promised shareholders he would spend less time on the app going forward, calling the business a "short-term distraction." Regarding the Cybertruck, which hit the market in late 2023, Musk said deliveries are picking up. Musk promised Tesla would move into "limited production" of Optimus in 2025 and test out humanoid robots in its own factories next year.

Persons: Elon, Musk, Judge Kathaleen McCormick, didn't, Tesla, He's, Pony.ai, Didi, Waymo, Optimus, Cathie Wood Organizations: ., Shareholders, SpaceX, Tesla, ARK Locations: Delaware, Austin , Texas, China, Texas

☆ Bitcoin miners at Donald Trump's closed-door event say he thinks bitcoin can help win AI arms race
▼ + stars: | 2024-06-13 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +17 min

Less than four hours after Trump's roundtable wrapped, the former president took to social media to extol the virtues of the bitcoin mining business. "Bitcoin mining may be our last line of defense against a CBDC," Trump posted shortly before midnight on Tuesday. "That's where you've got all these ancillary jobs; it's not just the bitcoin mining directly," said Cook. Enter bitcoin miners. Adding bitcoin miners to the portfolio of energy buyers has helped to improve the core economics of renewable power production.

Persons: Donald Trump, Eva Marie Uzcategui, —, New York —, Jason Les, Bitcoin, Bill Hagerty, David Bailey, Trump, Bailey, Sen, Elizabeth Warren, Les, Warren, Geoff Kendrick, bitcoin, Matthew Schultz, Jayson Browder, Brian Hughes, Biden, Harris, Andreessen Horowitz, Ron Conway, Fred Wilson, Cameron, Tyler Winklevoss, Schultz, Browder, CleanSpark, Coke, Chris Cook, Cook, There's, Amanda Fabiano, Fabiano, Marathon's Browder, We've, Exacore's Cook, you've, it's, Digital's Browder Organizations: U.S, Mar, Lago, Trump, Riot, Marathon Digital Holdings, Arkon Energy, Cholla Energy, Exacore, CNBC, Senate's Banking, Finance, China, BTC Inc, Radical Communist, Democratic, Trump —, solana, Internal Revenue Service, Libertarian National Convention, Standard Chartered, Circuits, Government Affairs, Federal Reserve, Biden, U.S . Treasury Department, Republican, NASDAQ, Fabiano Consulting Locations: Lago, West Palm Beach , Florida, New York, Palm Beach , Florida, bitcoin, China, Russia, U.S, America, Washington, San Francisco, Beijing, Marathon, United States, West Texas

☆ I'm horrible at job interviews, so I asked an expert for advice before a big opportunity. Her tips helped me land the job.
▼ + stars: | 2024-06-12 | by ( Melissa Petro | ) www.businessinsider.com time to read: +6 min

Read previewI've done everything you're not supposed to do during a job interview — appearing unpolished, bad-talking past bosses, and revealing too much. At one job interview in 2011, I even cried. I decided to become a freelancer, partly to avoid the entire job interview experience. I may be bad at job interviews, but I'm great at writing headlines. Related storiesI decided to say, "I'm a freelance writer and writing instructor who's been providing book editing services since 2010.

Persons: —, I'm, Melea Seward, Seward, who's, I've, it's, It's Organizations: Service, Business Locations: generalities

☆ I almost threw my mom's engagement ring into her grave. I felt it belonged with her, but now I'm glad I didn't.
▼ + stars: | 2024-06-12 | by ( Rochelle Newman-Carrasco | ) www.businessinsider.com time to read: +4 min

My dad wanted me to have my mother's ringWhen he let go, I glanced down. I immediately recognized my mother's engagement ring. The author now wears her mom's engagement ring. I kept it but wasn't sure what to do with itAside from my aversion to wearing jewelry, the ring scared me. And I'm certain my mother would be pleased to see me wearing bling that belonged to her finally.

Persons: —, Mom, Dad, He'd Organizations: Service, Business Locations: New York, Los Angeles

☆ Climate and Kathy Hochul’s Pause on New York Congestion Pricing - The New York Times
▼ + stars: | 2024-06-12 | by ( David Wallace-Wells | ) www.nytimes.com time to read: +2 min

Kathy Hochul, a Democrat, who announced her unilateral decision about the suspension last week: perhaps slightly better chances for New York Democrats in a couple of fall congressional races. Tax coffers have rebounded, too, to the extent that the city canceled a raft of planned budget cuts. The one obvious measure by which the city has not mounted a full pandemic comeback is subway ridership — a measure that congestion pricing would have helped and pausing it is likely to hurt. In announcing the pause, she also expressed concern for the financial burden the $15 surcharge would impose on working New Yorkers, though the city’s working class was functionally exempted from the toll by a rebate system for those with an annual income of $60,000 or less. But each of them was within spitting distance of Grand Central, where an overwhelming share of foot traffic — and commercial value — comes from commuters using mass transit.

Persons: Kathy Hochul, Hakeem Jeffries, Hochul, she’d Organizations: New, Metropolitan Transportation Authority, Democrat, New York Democrats, New York Republicans, Grand Central Locations: York, New York State, Manhattan, New York City, Grand

☆ Longtime Tesla investor says Elon Musk's proposed $56 billion pay package is 'outrageous' amid poor stock performance
▼ + stars: | 2024-06-12 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Elon Musk's $56 billion pay package is "outrageous," according to longtime Tesla investor Ross Gerber. Investors are voting on Musk's pay package for the second time on Thursday, after previously approving it in 2018. "The reason the pay package was voted down is because the board of directors at Tesla is an absent board. I just think that they're just creating more problems, and Elon and his board should work on a fair pay package," Gerber said. I'd love to go to my own company and negotiate my own pay package with myself."

Persons: Elon Musk's, Ross Gerber, Gerber, Musk's, Musk, They're, it's, Tesla, Elon Organizations: Service, Business, CNBC, Elon, Tesla's Texas Locations: Delaware, Texas, Tesla's

☆ Here are Tuesday's biggest analyst calls: Apple, Nvidia, Uber, Shopify, Tesla, Ford, Alphabet, Pepsi, Broadcom & more
▼ + stars: | 2024-06-11 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Morgan Stanley reiterates Apple as overweight Morgan Stanley said it's sticking with its overweight rating following the company's Worldwide Developers Conference. Baird reiterates Tesla as outperform Baird said it's sticking with its outperform rating heading into Thursday's shareholder meeting. "We are initiating coverage of Bitdeer Technologies Group (BTDR) with an Overweight rating and $13 PT." We argue the former, initiating coverage with an Outperform rating and $50 TP." Barclays reiterates PepsiCo as overweight Barclays said it's sticking with its overweight rating on the stock despite a bumpy macro in the salty snacks category.

Persons: Morgan Stanley, Apple, WWDC, Oppenheimer, Ford, Baird, Tesla, Evercore, Cantor Fitzgerald, Cantor, Piper Sandler, Piper, it's, it's bullish, Bernstein, BTIG, D.A, Davidson, Citi, Uber Organizations: Nets, Apple, JPMorgan downgrades, JPMorgan, Nvidia, Bitdeer, Bitdeer Technologies, Citi, Broadcom, VMware, Barclays, DA, PepsiCo Locations: JPMorgan downgrades Cleveland, Cleveland, Delaware, China

☆ Analysis: Hamas gambled on the suffering of civilians in Gaza. Netanyahu played right into it
▼ + stars: | 2024-06-11 | by ( Nic Robertson | ) edition.cnn.com time to read: +8 min

He appeared to justify the deaths of Palestinian civilians as a “necessary sacrifice” according to the messages. In recent weeks, Ireland, Spain, Norway and Portugal, all frustrated Netanyahu won’t agree a peace deal, have formally recognized Palestinian statehood. The war Sinwar started has taken Palestinian suffering to the next level – and Netanyahu has played right into it. Sinwar’s power amid the war seems to be becoming part of the perceived wisdom about Gaza and the war. And if past experience is any measure, he will likely gamble that he can play mind games better than Netanyahu.

Persons: CNN — Yahya Sinwar, –, Benjamin Netanyahu, Sinwar, Israel, Netanyahu, hasn’t, they’d, they’ve, Biden, Netanyahu won’t, belligerence, Antony Blinken, “, Sinn Fein Organizations: CNN, Israel, Wall Street, ICC, Hamas, Democratic, Northern Locations: Israel, United States, Europe, Gaza, Palestinian, Saudi Arabia, Ireland, Spain, Norway, Portugal, Rafah, Doha, Iran, Turkey

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