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The Food and Drug Administration on Friday approved Moderna's vaccine for respiratory syncytial virus for adults ages 60 and above, the company's second-ever product to enter the U.S. market. The approval of Moderna's shot is based on a late-stage trial on older adults, who are more vulnerable to severe cases of RSV. The company's shot is also the only RSV vaccine to be available in a pre-filled syringe, which is designed to make it easier to administer to patients. An advisory panel to the CDC will vote in June on recommendations for the use and intended population of Moderna's shot. Moderna's full-year 2024 sales guidance of roughly $4 billion includes revenue from its RSV vaccine.
Persons: Moderna's, Stéphane Bancel Organizations: Drug Administration, Moderna, Centers for Disease Control, CDC, GSK, Pfizer Locations: U.S
Swifties are "more generous" with their tips when attending a concert, Lyft's CEO said. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTaylor Swift fans are less likely to skimp on gratuities when they're excited to see their favorite pop star perform. Lyft CEO David Risher said Swifties are good tippers when the Eras Tour comes to town.
Persons: Lyft's, Taylor, , Taylor Swift, David Risher, Risher Organizations: Service, Business
Earlier this year, I wrote about a friend who was attacked and thrown to the ground on a September afternoon, while she was walking toward Borough Hall in Brooklyn to go to the post office. She was on the phone with her mother when a man, whose erratic behavior she had noticed in the distance, pushed her into the street, leaving her with bruises, a chipped tooth and fear new to her after decades of living in New York. At the time, it did not seem as though the assault might be part of a dark emerging trend. But the incident would presage many others — instances in which women in New York were randomly punched on the street in the middle of the day. A few days before the announcement, a 9-year-old girl standing with her mother was punched in the face by a man at Grand Central Station.
Persons: Joseph Kenny Organizations: Borough Hall, city’s Police Department, Grand Central Station Locations: Brooklyn, New York, Manhattan, Chelsea
CNN —Astronomers were in for a surprise when NASA’s Lucy mission flew by an asteroid named Dinkinesh in November and spotted a contact binary — two smaller space rocks that touch each other — orbiting the asteroid like a moon. “Basically, the planets formed when zillions of smaller objects orbiting the Sun, like asteroids, ran into each other. The Lucy mission captured additional imagery revealing that the asteroid Dinkinesh’s moon is actually two space rocks that are touching one another. Too distant to be seen in detail with telescopes, the asteroids will get their close-up when Lucy reaches the Trojans in 2027. The mission borrows its name from the Lucy fossil, the remains of an ancient human ancestor discovered in Ethiopia in 1974.
Persons: NASA’s Lucy, Dinky ”, , Hal Levison, Lucy, Dinkinesh, Goddard, Johns Hopkins, Keith Noll, Jessica Sunshine, ” Levison, Sunshine, Selam, “ I’m, , NASA Galileo, Ida, Lucy’s, NASA Lucy, ” Sunshine, Dinky Organizations: CNN —, Southwest Research, NASA, Goddard Space Flight, University of Maryland, College Locations: Boulder , Colorado, Greenbelt , Maryland, Dinkinesh, Ethiopia, Jupiter
CNN —Donald Trump’s media allies are demanding retribution in the wake of his conviction. Following weeks of attacks targeting the historic hush money case against the former president, prominent right-wing media figures immediately flooded the public discourse Thursday with extreme and disturbing rhetoric after Trump was found guilty on 34 felony counts. The toxic commentary is also enflaming desires of retribution held by Trump supporters, with popular right-wing media figures openly declaring their hope that the GOP candidate to nakedly seek revenge against his critics, should he emerge victorious in November and return to the Oval Office. Some of the right’s most popular talking heads are openly calling for the weaponization of government to seek retribution against Trump’s political opponents. But as the legal walls actually begin to close in on Trump, the commentary in right-wing media is getting angrier, more menacing, and taking a markedly darker tone.
Persons: CNN — Donald Trump’s, Trump, Juan Merchan, Attorney Alvin Bragg, Joe Biden, Matt Walsh, Sean Davis, ’ Jesse Watters, “ We’re, Robert Mueller, Tucker Carlson, he’s, Laura Ingraham, ” Sean Hannity, Biden Organizations: CNN, Fox News, Trump, Manhattan, Attorney, GOP, MAGA Media, Daily, YouTube, Federalist, Fox, United, He’ll Locations: United States, Russia, Trump, China, Cuba, North Korea
We've found the biggest box-office flop from every year since 1978. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Advertisement"Barbie" and "Oppenheimer" made box-office history last summer, but for every hit movie there's a flop or two waiting to happen. This story is available exclusively to Business Insider subscribers.
Persons: We've, , Oppenheimer, Guy, Max Organizations: Hollywood, Service, Hollywood Reporter, Business
John Norton, a retired police officer from Long Island, sat in a folding chair and watched his grandson’s Little League game in East Meadow on Wednesday. “I saw the stadium from the street,” Mr. Norton said. “I don’t know the first thing about cricket, but I guess it’s going to be pretty crazy over there.”The stadium he saw — the Nassau County International Cricket Stadium — seemed to have popped up almost overnight. Now it sits on one edge of the 930-acre Eisenhower Park, a massive — if temporary — cricket stadium that was built in sections, like a giant erector set, over the last 100 days. The stadium in East Meadow, which can hold 34,000 spectators, will be inaugurated with an exhibition match on Saturday between India and Bangladesh.
Persons: John Norton, Norton, , Mr Organizations: Little League, Nassau County International Cricket Locations: Long, East Meadow, Nassau, Eisenhower, New York, Caribbean, Dallas, Lauderhill, Fla, United States, Canada, India, Bangladesh
The glue pizza search result was traced back to a comment from a Redditor who went by "fucksmith" making an obvious joke on the subreddit r/Pizza. Because I'm both brave and a genius, naturally, I had to try to make the glue pizza myself. Was Google's response to tamp down its big AI search ambitions just because a few jokesters on X made silly queries? The ridiculousness of those AI answers does call into question the entire concept of using AI for Google search results. And I like to convince myself that my eating glue pizza was part of the noise that prompted Google to act.
Persons: I'm, Barack Obama, Katie Notopoulos, Liz Reid, Reddit, Sundar Pichai, Max Read, John Herrman Organizations: Service, Google, Business, New York Magazine
FCC ends affordable internet program due to lack of funds
  + stars: | 2024-05-31 | by ( Brian Fung | ) edition.cnn.com   time to read: +3 min
Washington CNN —The Affordable Connectivity Program, which helped low-income Americans get online, is no more. The program’s lapse threatens to throw nearly 60 million Americans into financial distress, CNN has reported. The program officially ends on June 1, said the Federal Communications Commission, which administered the Affordable Connectivity Program (ACP) to approximately 1 in 5 households across the country and on tribal reservations. “The Affordable Connectivity Program filled an important gap that provider low-income programs, state and local affordability programs, and the Lifeline program cannot fully address,” said FCC Chairwoman Jessica Rosenworcel in a statement, referring to the name of another, similar FCC program that subsidizes wireless and home internet service. He also announced a series of voluntary commitments by a handful of internet providers to offer — or continue offering — their own proprietary low-income internet plans.
Persons: , Jessica Rosenworcel, Joe Biden, Mike Johnson didn’t, Biden, Kathryn de Wit, Wit, Organizations: Washington CNN, Program, Republicans, Democratic, CNN, Federal Communications Commission, Lifeline, FCC, Republican, Comcast, Cox, Verizon, ACP, Congress, Pew
The center, a division of the National Weather Service, issued a modern geomagnetic storm watch, known as a G2, for Friday and Saturday. Unlike the G5, or extreme geomagnetic storm, that occurred on May 10, moderate storm watches are not uncommon, according to the center. But the aurora-causing solar flares and coronal mass ejections currently spewing from the sun are a result of the same sunspots that triggered solar activity in May, according to Dr. Ryan French, solar physicist at the National Solar Observatory in Boulder, Colorado. “The frequency of things is decreasing, but you only need one to cause a large geomagnetic storm. The solar storm on May 10 was the most successfully mitigated space weather storm in history, Dahl said.
Persons: Ryan French, Lokman Vural, “ It’s, , Shawn Dahl, Dahl, ” Dahl, , That’s, there’s Organizations: CNN, United, National Oceanic, Prediction, National Weather Service, Anadolu Agency, Getty, Solar Dynamics, auroras, , European Space Agency Locations: United States, Midwest, New York, Idaho, Boulder , Colorado, Rochester , New York, Sweden, South Africa
Ukraine is facing off against Russia's formidable Black Sea Fleet. How are Ukraine's cheap unmanned sea drones and Western missiles taking down Russian warships worth hundreds of millions of dollars? This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account?
Organizations: Russia's, Western, Business Locations: Ukraine
Millions of Americans worry about Social Security — whether they will get the full retirement paychecks promised to them in years to come. And many younger people believe — incorrectly, in my view — that by the time they are ready to retire, Social Security will no longer be there for them. The latest annual Social Security Trust Funds report in May said that unless action was taken, benefit cuts of roughly 20 percent would have to start in 2033. Yet when you stop and really look at the problem, it turns out that what’s required for fixing Social Security is no big deal. It’s based on hard numbers calculated by Alicia Munnell, a Boston College economics professor who is among the nation’s premier experts on Social Security.
Persons: paychecks, Alicia Munnell Organizations: Social, Social Security Trust, Boston College, Social Security Locations: Washington
“Today’s verdict does not change the fact that the American people face a simple reality,” said campaign communications director Michael Tyler. Convicted felon or not, Trump will be the Republican nominee for president,” Tyler said. Supporters hold placards and flags following the announcement of the verdict in Trump's criminal trial. Or, the guilty verdict could play into Biden’s campaign theme that his predecessor is too corrupt and extreme to serve as president again. In another age, a guilty verdict would have immediately ended Trump’s campaign.
Persons: Donald Trump’s, ” Trump, foreperson, Trump, , Joe Biden’s, , Michael Tyler, Donald Trump, ” Tyler, he’s, he’ll, he’d, jubilation, He’s, Biden, Andrew Kelly, ignominy, Timothy Naftali, ” Naftali, Stormy Daniels, , Attorney Alvin Bragg, Prosecutors, Michael Cohen, Todd Blanche, CNN’s Kaitlan Collins, Eric Trump, Justin Lane, Elise Stefanik, Joe Biden, ” Stefanik, Mike Johnson, South Carolina Sen, Lindsey Graham, ” Graham, Larry Hogan, who’s, ” Hogan, Chris LaCivita, hasn’t Organizations: CNN, Trump Tower, Republican, Republican National Convention, Reuters, Trump, Manhattan, Attorney, Manhattan Criminal, New York, GOP, , Louisiana Republican, Senate, Locations: United States, New York, York, America, South Carolina
Advertisement"We always have loved this idea of a super simple product that's really just for you and your friends," Sharp told BI. "There's not any real public discovery surface inside of Retro," Sharp said. Advertisement"What's most important to us is that we build a sustainable business, whether that's venture scale or not," Sharp said. "You can complete your feed in Retro," Olson said. Courtesy of Retro"There are a few places where we've chosen comfort over — or perhaps to the detriment of — the growth of the product or the business," Olson said.
Persons: , Nathan Sharp, Sharp, Ryan Olson, Olson, that's, Mike Krieger, Kevin Systrom, Sam Lessin, A16z's Andrew Chen, Adam Mosseri, Retro's, It's, Olson didn't, you'd, Marissa Mayer's Organizations: Service, Retro, Business, Lone Palm Labs, Retro's, Facebook, Meta, Instagram Labs Locations: Silicon
Some of the biggest scandals in sports history have revolved around players and gambling. Pete Rose is barred for life from baseball, in an agreement stemming from admissions of gambling. These aren’t just hypothetical concerns: Jontay Porter, a center for the Toronto Raptors, was recently barred for life from the N.B.A. As the new baseball season was starting, federal prosecutors said the interpreter for the star pitcher Shohei Ohtani had stolen millions from Mr. Ohtani to pay off gambling debts to an illegal sports bookie. Major League Baseball is investigating Mr. Ohtani’s former teammate David Fletcher over allegations that he placed bets with the same bookie.
Persons: Pete Rose, Jontay Porter, Shohei Ohtani, Ohtani, Ohtani’s, David Fletcher Organizations: Black Sox, Toronto Raptors, Major League Baseball
New York CNN —The jury might still be deliberating, but Donald Trump’s media allies have already delivered a verdict to their audiencesThroughout the duration of the Manhattan hush-money trial, Fox News and the rest of MAGA Media have set the stage to absolve Trump in the historic case. Inside this alternate media universe, the actual facts of the case never penetrate the bubble that shields its audiences from detrimental developments for Trump. In the Republican Party, voters absorb their information from outlets like Fox News, which has dishonestly run defense for Trump over the course of the trial. And the study only accounted for Fox News, not the host of other entities that make up the right-wing media universe. It can be tempting to ignore the torrent of attacks Trump’s media allies are launching in their unrelenting efforts to undermine the case.
Persons: Donald Trump’s, Trump, Sean Hannity, Laura Ingraham, Steve Bannon, Joe Biden, nefariously, , Biden, Trump’s, it’s, Michael Cohen, David Pecker, , Judge Juan Merchan, Attorney Alvin Bragg, Jesse Watters, Merchan, Organizations: New York CNN, Fox News, MAGA Media, Trump, GOP, National Enquirer, Republican Party, Fox, Manhattan, Attorney, Media Matters Locations: New York, Manhattan
Still, when you're saving for something that's decades away, such as retirement, it's easy to feel like you're not doing enough or that you're falling behind without some context. Even if you're not doing as well as you'd like, you may be doing better than most. "Automating savings ensures consistency and discipline, making it easier to stick to your retirement savings goals." It's "essentially free money that can significantly boost your retirement savings," says Basso. "Don't treat your retirement savings like Vegas and go all in on something.
Persons: you've, Ashton Lawrence, Alyson Basso, Basso, couldn't, Andrew Herzog Organizations: Fidelity, Mariner Wealth Advisors, Hayden Wealth Management, CNBC Locations: Greenville , South Carolina, Middleton , Massachusetts, Plano , Texas, Vegas
Ted Farnsworth is the former CEO of Helios and Matheson Analytics, which previously was the parent company of MoviePass. The documentary "MoviePass, MovieCrash" shows how he blew through hundreds of millions of dollars. He and former MoviePass CEO Mitch Lowe are awaiting trial on charges of securities fraud. AdvertisementIn the new HBO documentary "MoviePass, MovieCrash," Ted Farnsworth is the CEO of the publicly traded Helios and Matheson Analytics (HMNY) when the company takes a majority stake in the movie-theater-subscription startup MoviePass in 2017. Under Farnsworth's watch, MoviePass became a sensation after he and then-CEO Mitch Lowe dropped the monthly subscription fee from $30 a month to $10.
Persons: Ted Farnsworth, Helios, Matheson, Mitch Lowe, , MoviePass, Farnsworth, Lowe Organizations: Matheson Analytics, Service, HBO, Netflix, Business
TikTok and social media star Miranda Derrick (née Wilking) is at the center of the story. She and her younger sister, Melanie Wilking, are both dancers who previously branded themselves together as The Wilking Sisters. However, Miranda became involved with 7M via her boyfriend, James Derrick — and her family says in the series, distanced herself from her. Here's where Miranda Derrick is today. "Miranda Derrick is a successful businesswoman and a loving wife and daughter who cares very much about her family.
Persons: , Robert Shinn, Miranda Derrick, née, Melanie Wilking, Miranda, James Derrick —, Here's, Melanie, Dean, Kelly, James, BDash, Derrick, videographer Isaiah Shinn, Robert Shinn's, Aubrey Fisher, Robert, Miranda didn't, Miranda's, Instagram, I've, we've, Isaiah Shinn, Robert's, Jake Gyllenhaal Organizations: Service, Netflix, Shekinah, Business, 7M, Instagram, YouTube, UFC Locations: Los Angeles, Detroit
Wall Street sell-side research is a key part of the financial markets, written by analysts working for brokerage firms, investment banks and other institutions. Research reports An analyst's published research report might include a company overview with basic information about a company's business, products and position in the relevant market. This is especially true when an analyst is first initiating research coverage into a particular company or industry. Analyst recommendations affect stock prices every day , especially if an analyst or her firm is highly reputable or believed to hold expertise in a particular area. Contrarian indicators Analyst recommendations can occasionally act as a contrarian indicator , too.
Persons: Merrill Lynch, Henry Blodgett, Merrill Organizations: Research, Wall, Sarbanes, Oxley, Global, Securities and Exchange Commission, National Association of Securities Dealers, CNBC Pro Locations: Sarbanes
And among those watching most closely are world leaders near and far. Of course, world leaders have generally stayed mum on the issue of which man they prefer – although I would wager that most favor the status quo over a return to the raucous years of Trump’s presidency. Some world leaders have already signaled their aversion to another Trump presidency. But for these foreign leaders, coming out against Trump is a move that is chock full of risks. The stakes in this election are too high for global leaders to stay mum.
Persons: Michael Bloomberg, Read, Joe Biden, Donald Trump, Biden “, , Trump, Trump’s, , Hank Sheinkopf, Biden, Javier Milei, Israel’s Netanyahu, Victor Orbán, Russia’s Vladimir Putin, it’s, Justin Trudeau, isn’t, Brazil’s Luiz Inácio Lula da Silva, octogenarian Biden, “ Trump, Sheinkopf, Don’t, Team Biden, Organizations: New York, CNN, Trump, NATO, , Biden, Canadian, Worker’s Party, Team Trump, Team Locations: United States, Latin America, Africa, America, Asia, China, Argentina, Hungary, Brazilian, Gaza, Brazil, Russia, India, South Africa, Washington
But while Trump's small-dollar donors mobilize amid new Trump campaign ads labeling the former president a "political prisoner," Trump himself is gearing up to raise big money from wealthy Republicans. Trump campaign aides said late Thursday that it was unclear exactly how much the campaign had raised that day from small-dollar donors, but it was enough that the campaign's donation website crashed intermittently. Banks, a veteran Trump ally, told CNBC that Helberg is bridging the gap between Silicon Valley, Washington, D.C., and the defense industry. "I hope he'll play a big role in President Trump's second term and I look forward to seeing him in Milwaukee," Banks said. Helberg recently told The Washington Post that he gave $1 million in support of Trump after years of backing Democrats.
Persons: David Sacks, Chamath, Trump, Donald Trump, Joe Biden's, Barack Obama, Bill Clinton, Biden, Jacob Helberg, Alex Karp, Helberg, Palmer Luckey, Tommy Tuberville, Bill Hagerty, Jim Banks, Banks, Trump's, Hagerty Organizations: CNBC, Trump, Republicans, Hamptons, Republican, Madison, Republican National Convention, Garden, MSG, Radio City Music, NBC News, Democratic Party, Anduril Industries, D.C, Press, Anduril, Republican National Committee, Washington Post, Biden, Fund, Commission, America Locations: San Francisco, Texas, California, New York, New York City, Manhattan, Milwaukee, Sens, Ohio, Silicon Valley , Washington, United States, China, Israel
Biden's team announced that its political operation, which includes the Democratic National Committee, raised $51 million in the same period. A guilty verdict is a "non-issue," said David Tamasi, a Republican fundraiser and a managing director at lobbying firm Chartwell Strategy Group. Tamasi raised money for Trump's 2020 campaign and for former New Jersey Governor Chris Christie's failed primary run against Trump last year. All of them are going back to help raise money for Trump, in spite of the guilty verdict. After not backing any of the Republican primary contenders, Schwarzman announced that he will support Trump's White House bid.
Persons: Trump, megadonors, Joe Biden, Andy Sabin, Donald Trump, Biden's, Republican megadonors, Ray Washburne, Washburne, Omeed Malik, Malik, David Tamasi, would've, he's, Tamasi, Chris Christie's, he'd, Jan, Blackstone, Steve Schwarzman, Schwarzman, Trump's, Axios, Michael Cohen Organizations: Republican, CNBC, Trump, Republican megadonors, RNC, Democratic National Committee, America, Republican National Committee, Chartwell, New, GOP Locations: Trump's, New York, Republican megadonors . Texas, Dallas, U.S, Mexico, Ukraine, Gaza, New Jersey, Trump's New York
And so, after a successful pilot run, the tax agency has announced that it's making its new free direct file program permanent. The Direct File program first launched in twelve states for the 2023 filing season following a successful pilot. "Since the direct file pilot was completed in April, we have heard directly from hundreds of organizations across the country, more than a hundred members of Congress, from individual direct file users, and those that are interested in using direct file," Werfel said. The new Direct File program has encountered some pushback from paid tax services. Did you use Direct File and save time or money?
Persons: , It's, haven't, Janet Yellen, Danny Werfel, Aaron Mok —, Werfel, Rick Heineman, Heineman, filers, Natalie Quillian, Biden's Organizations: Service, IRS, Business, Treasury Department, Intuit TurboTax, Treasury, House Locations: Yellen
Read previewKlarna's CEO seemingly touched a nerve on social media with a post about how the company saved millions by using AI to cut costs and do the marketing work human employees previously did. "Our in-house marketing team is HALF the size it was last year but is producing MORE!" AdvertisementHe also wondered aloud at the impact AI will have on creative industries and those working in marketing. Advertisement"If you still had a bigger marketing team, they probably would've advised you not to post this," one person said. "Flexing that you fired half of your marketing team is just really bad," another added, alongside a clown emoji.
Persons: , Sebastian Siemiatkowski, OpenAI's DALL, Siemiatkowski, would've, Klarna, ioAhxkNS8I — Sebastian Siemiatkowski, David Sandstrom Organizations: Service, Business, Wall
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