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Gen Z voters who struggle with cursive could slow the vote count, Nevada's secretary of state said. He attributed higher numbers of problematic mail ballots to young voters without signatures. States in the US require a voter's signature on mail and absentee ballots, and several states require additional verifications, including comparing that signature to the voter's signature on file. As the state continues to process mail ballots this week, those figures — which are already higher than in 2020 and 2022 — are expected to increase. Hundreds of thousands of mail ballots, or about 1%, were rejected across the country during the 2022 midterm elections, NPR reported at the time.
Persons: , State Francisco Aguilar, Aguilar, haven't, Debra Cleaver, Cleaver Organizations: Service, Nevada, State, New York Times, DMV, National Conference of State Legislatures, Times, NPR Locations: Clark, Washoe County, States, Clark County, Nevada, California, Louisiana
On the campaign trail, Republican presidential candidate Donald Trump made a notable promise to retirees: No taxes on Social Security benefits. Any changes to Social Security would require at least 60 Senate votes, and Republicans would therefore need some Democratic support to pass those changes. "It's hard for me to imagine that Democrats would be willing to provide votes to get over that 60-vote threshold and weaken Social Security solvency," said Charles Blahous, senior research strategist at the Mercatus Center at George Mason University, who has also served as a public trustee for Social Security and Medicare. The Trump campaign has pushed back on those findings, calling the Committee for a Responsible Federal Budget "consistently wrong" in a statement to CNBC when the report was released. The Social Security trust fund used to help pay retirement benefits is projected to run out in 2033, according to the program's actuaries.
Persons: Donald Trump, Trump, Charles Blahous, Organizations: Presidential, Convention Center, Republican, Social Security, Senate, George Mason University, Medicare, Finance, Budget, CNBC, program's Locations: Palm Beach, West Palm Beach , Florida, U.S
Schonfeld is up by 15.5% for the year in its flagship fund. They said the flagship fund had been up in 17 of the past 18 months. AdvertisementOctober was a strong month generally for the large multistrategy managers that have dominated industry headlines in recent years. Ken Griffin's Citadel was up by 1.2% last month in the firm's flagship Wellington fund, a person close to the Miami-based fund told Business Insider. AdvertisementMillennium, meanwhile, made 0.4% last month, pushing its annual return to 10%, a person close to Izzy Englander's firm said.
Persons: Schonfeld, , Ken Griffin's, Izzy Englander's Organizations: Citadel, Service, Schonfeld Strategic Advisors, Partners, Equity, Microsoft, Business, Ken Griffin's Citadel Locations: York, Wellington, Miami
In today's big story, Big Tech is pulling back on the freebies for its employees . The perks help recruit and retain talent and keep employees working at the office. Some Amazon employees aren't buying it. It's not all bad news for Amazon employees, though. Some Amazon employees support Jeff Bezos' controversial WaPo decision.
Persons: , David Arky, Tyler Le, Insider's Lara O'Reilly, Rob Price, Hugh Langley, Sydney Bradley, It's, Matt Garman, Frederic J . BROWN, BI's Jyoti Mann, Ashley Stewart, Garman, Stave Huffman, Spencer Platt, Natalie Ammari, Tesla, Meta, Jenny Chang, Rodriguez, Harris, Trump, you'll, Jeff Bezos, Bezos, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi Organizations: Business, Service, Microsoft, SEC, Big Tech, Meta, Citibank, Tech, Services, Getty, Amazon Web Services, Amazon, BI, Google, Semiconductor, Intel, Washington Post, Apple Locations: OpenAI, AFP, New York, London
The bill — the Social Security Fairness Act — would repeal two rules that reduce Social Security benefits for workers and spouses, widows and widowers who also receive pension income. If brought to the House floor, the Social Security Fairness Act may pass, based on the 327 co-sponsors who are currently behind the proposal. The government pension offset reduces Social Security benefits for spouses, widows and widowers who also have pension income. But if she retirees and begins collecting the pension benefits she earned, that Social Security income may disappear. Eliminating the rules through the Social Security Fairness Act would also cost the program at a time when Social Security faces looming trust fund depletion dates, he said.
Persons: Abigail Spanberger, Garret Graves, There’s, , Emerson Sprick, , Sprick, Roger Boudreau, Boudreau, ” Boudreau, Paul Van de Water, Van, ” Van, Water, ” Sprick, it’s, ” Sen, Mike Braun, Organizations: Security, Social, Senate, Center, GPO, Social Security, Rhode Island American Federation of Teachers, Budget, Congressional, Republican
Kevin Lamarque | ReutersWhen it comes to the November election, there is one issue that is at the top of voters' wish lists: Social Security. It polled 1,831 adults age 18 and up who "currently receive or expect to receive Social Security." Experts say the post likely refers to the taxes Social Security beneficiaries may owe on their benefit income. Exactly how much Social Security beneficiaries pay in taxes is based on their "combined income," which includes adjusted gross income, nontaxable interest and half of their Social Security benefits. Yet in a March CNBC interview, Trump said he would consider cutting "entitlements," which may refer to Social Security, Medicare or Medicaid.
Persons: Kevin Lamarque, Emerson Sprick, Biden, Joe Biden, Nathan Howard, Sprick, Robyn Patterson, Patterson, Trump, Donald Trump, Elizabeth Frantz, CNBC's, Harris, Kamala Harris, Megan Varner Organizations: Reuters, Social Security, National Institute on Retirement Security, Nationwide Retirement, Social, White, Medicare, Trust Fund, Congressional Republicans, Security, Biden, CNBC, U.S, Center, Getty Locations: Falls Church , Virginia, U.S, Russia, Washington , U.S, Harrisburg , Pennsylvania, Georgia, Atlanta , Georgia
On signing photos of his dead characters and spending his 'Animal House' paycheck in a weekBacon got bloody in "MaXXXine." What was worse for you, filming the arrow to the throat, or the paddling scene in "Animal House"? Universal PicturesIs it true that you spent your "Animal House" paycheck in a week? I was back waiting tables probably a month after I got back from doing "Animal House," and then I went back to acting school for a little bit. So I continued to wait tables and started looking for an agent because I didn't have an agent when I did "Animal House."
Persons: Kevin Bacon, Ren McCormack, Bacon, he'd, Eddie Murphy's Axel Foley, John Labat, Mia Goth's, Ti, Coen, Justin Lubin, John Landis, Mark, Metcalf, Bacon's, Patrick Swayze's, Jack Nicholson, Patrick Swayze —, It's, Jack Nicholson's, Jack, Tom, Cruise, , Tom —, you've, Meryl, Streep, She's, Tim, Robbins, Sean, Penn, Laurence Fishburne, Clint, Eastwood, Matt Dillon, Murray, Matt Dillon's, Matt hadn't, Matt nixing, Matt, You've, Kevin Bacon's, Kyra Sedgwick, Travis Bacon, Gilbert Flores, Sosie Bacon, Kyra Sedgwick's, we've, who's Organizations: Payson High School, Business, CBS, Getty, Actors Guild, Variety Locations: Payson , Utah, Netflix's
Read previewPublishers are racing to be known for "premium" content to keep advertising revenue afloat, but there's a swirling debate in the industry over how to define it. AdvertisementFor example, some broadcasters are pitching their streaming content as premium by selling it directly to advertisers without using third-party adtech companies. Broadcasters are gunning for control of streaming ad dollarsAt the same time, TV publishers are angling to define themselves as makers of premium content that appeals to advertisers. Instead of premium content, many advertisers are more concerned with premium audiences who are watching streaming content. Still, Gupta from U of Digital said that broadcasters have the upper hand in deciding what is considered premium content because there is a lack of high-quality content in streaming environments.
Persons: , Max, Critics, Joe Root, Shiv Gupta, Gupta, Permutive's Root, Digital's Gupta, gunning, Rachel Eckerling Organizations: Service, Business, Hulu, Disney, Google, Trade, Association for National, Jounce Media, ANA, Universal, Broadcasters, Publicis, Precision, CTV, Publishers, Industry, Interactive
House Republicans banded together on Friday to narrowly pass an $895 billion defense policy bill that would restrict access to abortion and transgender medical care in the military and eliminate all positions and offices of diversity, equity and inclusion across the Pentagon. The 217-to-199 vote, largely along party lines, reflected a dramatic shift in support for the annual National Defense Authorization Act, normally an overwhelmingly popular bill, since it emerged from a House committee last month with broad bipartisan support. Democrats turned against the bill in droves after Republicans insisted for the second year in a row on loading it with conservative policy dictates. The legislation would provide a 19.5 percent pay increase for the troops, as well as an array of quality-of-life improvements including more generous housing and food allowances for military families and improvements for military housing facilities. “Our adversaries will only be deterred through strength,” he added, and the House bill “ensures our military will continue to project that strength.”
Persons: we’ve, Mike D, Rogers, Organizations: Republicans, Pentagon, National Defense, Republican, House Armed Services Committee Locations: Alabama
Google said the changes are in response to employee feedback, but some staffers are upset. The changes, which Google confirmed to The New York Times, include removing the option to thumbs-down a post. AdvertisementThe Times also reviewed an internal Google memo in which moderators said they thought collective thumbs-down votes were a "bullying tactic." In 2021, more than 250 Google employees called on the company to terminate contracts with Israel after IDF forces carried out strikes in Gaza. Shortly after, over a hundred Google employees gathered to protest Project Nimbus, a $1.2 billion cloud-computing contract with Israel.
Persons: , Memegen, Israel Organizations: Google, Service, The New York Times, Times, Business, IDF, Israel Locations: Israel, Gaza, Israeli, Palestine, New York City
AdvertisementYale and Brown made similar announcements, saying they conducted studies that found requiring testing allowed them to attract the most diverse student body. "The institutions we're currently talking about, they're requiring tests again and didn't necessarily want to ever stop requiring tests," Baker said. Its reason: requiring testing scores would help the school choose between many high school seniors with high GPAs. Even so, data has shown students have continued to take tests despite applying to schools with test-optional policies. AdvertisementMoving forward, Baker said it's important that if more schools choose to switch their testing policies, they consider the announcement's timing.
Persons: , they're, Brown, Brown's, Francis Doyle, Harry Feder, Dominique Baker, couldn't, Baker, Jay Hartzell Organizations: Service, Dartmouth, Business, Yale, ACT, National Center for Fair, University of Delaware, Ivy League, University of Texas, University of Michigan, College Board Locations: Austin
NEW YORK (AP) — Donald Trump is seeking to delay his March 25 hush money trial until the Supreme Court rules on the presidential immunity claims he raised in another of his criminal cases. Trump contends he is immune for prosecution for conduct alleged to involve official acts during his tenure in office. His lawyers argue some of the evidence and alleged acts in the hush money case overlap with his time in the White House and constitute official acts. The Supreme Court is scheduled to hear arguments April 25, a month after the scheduled start of jury selection in Trump’s hush money case. A federal judge last year rejected Trump’s claim that allegations in the hush-money indictment involved official duties, nixing his bid to move the case from state court to federal court.
Persons: — Donald Trump, Juan Manuel Merchan, Merchan, Trump, Michael Cohen, Cohen, Stormy Daniels, Daniels, nixing, could’ve, , Alvin Hellerstein, , Hellerstein’s, Eric Tucker Organizations: Republican, Monday, Manhattan, D.C, White, U.S, Capitol, Trump, Prosecutors, Associated Press Locations: York, Washington, Manhattan, U.S
Jim thinks Google has lost focus as it struggles to shake off the narrative that it's lagging in the AI race. With all these things lining up against Google, Jim has been becoming increasingly wary of the stock. Even though Alphabet stock keeps getting dinged for AI misses, Bernstein analysts "don't subscribe to the generative AI risk to Google Search" for now. At the Club, we believe Google's AI chatbot Gemini could be competitive in attracting users, but the advertising opportunity may not be the same. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: Jim Cramer, Sundar Pichai, Pichai, Jim, Google, Bard, Gemini —, , Axel Springer, they're, Bernstein, playbook, Meta, haven't, Jim Cramer's Organizations: Google, Apple, Microsoft, Nvidia, Tesla, The Club, Politico, U.S, Club, NFL, YouTube, National Football League, Management, Sunday, Meta, Walmart, CNBC, Future Publishing, Getty Locations: U.S
Read previewSenator Elizabeth Warren is bringing fresh scrutiny to the controversial bankruptcy of private prison healthcare company Corizon Health. Warren applauded the US Trustee Program, which oversees the federal bankruptcy system, for making a rare decision last year to file an objection in court to Corizon's bankruptcy plan. Corizon's current bankruptcy plan, she wrote, "will deny Corizon's creditors, including incarcerated individuals, adequate restitution for the company's serious harms." This is the second time Warren has weighed in on the Corizon bankruptcy. "Corizon's bankruptcy is premised on the fact that it does not have sufficient resources to pay victims and other creditors," she wrote.
Persons: , Elizabeth Warren, Warren, Corizon, Jason Brookner, YesCare didn't, Emma Dulaney, Dick Durbin, YesCare, Raphael Prober, Corizon's, plan's Organizations: Service, Corizon Health, Department of Justice's U.S, Business, Tehum Care Services, Department of Justice, US, Corizon, YesCare Holdings Locations: Texas, Tehum, YesCare
COLUMBUS, Ohio (AP) — Banning marijuana growing at home, increasing the substance's tax rate and altering how those taxes get distributed are among vast changes Ohio Senate Republicans proposed Monday to a marijuana legalization measure approved by voters last month. “This is not what voters wanted.”The Senate changes still have a long way to go, however. The Senate's proposal also would increase the approved tax on marijuana products of 10% to 15%. Tax revenue would go toward general state funding, law enforcement training, substance abuse treatment and prevention and safe driving training. Under the new measure, marijuana products would have to be sold in child-safe packaging and could not resemble any animals, fruit or fictional characters such as those from cartoons.
Persons: ” Sen, Michael Rulli, Tom Haren, Ohioans, , Mike DeWine, Ohio Republican Sen, Rob McColley, Scott Milburn, Sen, Bill DeMora, ” DeMora, ___ Samantha Hendrickson Organizations: GOP, Columbiana County Republican, General Government Committee, Alcohol, Senate, Republican, Ohio Republican, Protect Ohio Workers, Columbus Democrat, Associated Press, America Statehouse News Initiative, America Locations: COLUMBUS , Ohio, Ohio, Columbiana County, Michigan
Traders work on the floor of the London Metal Exchange in London. Photo: simon dawson/ReutersLONDON—The London Metal Exchange chalked up a big victory over investors on Wednesday, when a court said it was within its rights to cancel trades during a high-profile blowup in the nickel market sparked by Russia’s full-scale invasion of Ukraine. The U.K. court rejected claims by activist fund Elliott Investment Management and market maker Jane Street Global Trading that the exchange had overstepped its powers by nixing $12 billion in trades in March last year. Had they won, Elliott and Jane Street planned to claim hundreds of millions of dollars in damages combined in a follow-on trial.
Persons: simon dawson, Russia’s, nixing, Elliott, Jane Street Organizations: London Metal Exchange, Reuters, Elliott Investment Management, Jane, Global Locations: London, Ukraine
Uber said it needed several hundred drivers to sign up in order to launch the service. But many London cabdrivers had a scathing response. “We don’t need a partnership with Uber,” said the Licensed Taxi Drivers Association, a union that represents a majority of the city’s nearly 18,000 cabdrivers, in the headline of a release on Wednesday. There was “no demand” for such a partnership from taxi drivers, the union’s general secretary, Steve McNamara, said in a statement, adding that their members were unlikely to even consider joining the platform. “If they were offering double the meter and no commission, I still wouldn’t sign up with them.”
Persons: sweetening, Uber, London cabdrivers, , Steve McNamara, Howard Taylor Organizations: Taxi Drivers Association Locations: London
OpenAI chaos has calmed as CEO Sam Altman is reinstated and an investigation begins. AdvertisementThe drama of Sam Altman unexpectedly being fired on Friday and then reinstated to OpenAI Tuesday night has reached a close. AI ethics experts have expressed concern about the power of AI technology being controlled by the hands of a few. "The increasing concentration of capital, compute, and data are a problem," Emily M. Bender, a University of Washington linguistics professor, told BI. The seemingly earth-shattering news from OpenAI may have instead opened a door for resourcefulness and for other players to emerge.
Persons: Sam Altman, , OpenAI, Émile Torres, Altman, Emily M, Bender, nilly, Ali Alkhatib, Pistilli Organizations: Service, University of Washington, Microsoft Locations: AGI
Apple has given its controversial Touch Bar the ax. While some users liked the feature, others thought it useless or missed the tactile buttons it replaced. The company is discontinuing the 13-inch MacBook Pro, and with it, the love-it-or-hate-it Touch Bar. Some 13-inch MacBook Pros didn't have a Touch Bar, but either way Apple will no longer sell new 13-inch MacBook Pros. The Touch Bar has been a divisive feature since it was first introduced in 2016.
Persons: , Siri, Greg Joswiak, Apple's Organizations: Apple, Service, Pro
Today, with people still struggling to understand the contours of this deeply complicated conflict, the book seems essential. “Because that was absolutely the ambition of the book, to depict real people” rather than villains and saints. Because I admire “A Day in the Life of Abed Salama” so much, I agreed to moderate a talk with Thrall this Thursday in Brooklyn. And in a time of war, particularly a war shrouded in fiercely competing narratives, free speech is more important than ever. And supporters of Israel are hardly alone in creating a censorious atmosphere; particularly on college campuses, it is Zionists who feel silenced and intimidated.
Persons: Nathan Thrall’s, Abed Salama, , Thrall, Salama, Beber Vanunu, Dany Tirza, Jamal Khashoggi, ” Thrall, , Abed Salama ”, I’ve, it’s, ” Andrea Grossman, Viet Thanh Nguyen, Nguyen, gestured, ” Nguyen, didn’t Organizations: New York, West Bank, Crisis, The Guardian . American Public Media, Israel, Boston Palestine Film, Hilton, U.S . Campaign, Palestinian, University of California Locations: Israel, Saudi, Brooklyn, United States, Britain, Angeles, The, 92NY, Manhattan, Palestine, , Houston, Gaza, Davis
The future of AI is set to be "spiritually, politically, and economically" corrosive, Lanier said. He noted that people building AI tech should let go of sci-fi wish fulfillment. He noted that, while this year has been the "year of AI," next year the world is going to be "flooded, flooded with AI-generated music." A deluge of generative AI content, from simple search prompts to eerie deepfakes, is now up for broad government regulation. In addition to AI-generated content nixing human connection found through creative works and causing an eventual collapse of the creative economy, Lanier said AI-generated content that can be perfected and customized also undermines peoples' "sense of reality.
Persons: Lanier, , Arianna Huffington's, OpenAI's ChatGPT, Lucian Grainge, Grainge, Kali Hays Organizations: Service, Microsoft, Universal Music, Twitter Locations: khays@insider.com, @hayskali
McDonald's is nixing its self-serve soft drinks and customers are expressing their dismay. Fans of the fast-food chain said the switch was the "end of an era" and a "tremendous loss." Some people expressed concerns about the cleanliness of the soda machines and that perhaps the new method would be more sanitary. "I went to a McDonald's that was doing this already I waited for 15 mins for a refill on the drinks," wrote Alexis Coon. "They aren't staffed to refill drinks," wrote Wil Rabquer.
Persons: Hali Palombo, refills, Drew Powell, Meg Herman, McDonald's, Mike Schario, Karen Henderson, McDonald's didn't, that's McDelivery, Hannah Wismer, Alexis Coon, Wil Rabquer, Steve Tuck, Joseph Hall Organizations: Service, Beverage, Facebook Locations: Wall, Silicon, McDonald's, California, Nebraska, Northern California
Uber CEO Dara Khosrowshahi says driving for the company showed him a "lack of quality" with the product. "We didn't take pride in the driver product because very few of us drove," he said Wednesday. Khosrowshahi made an all-hands presentation titled "Why we suck" based on what he found as a driver. Dara Khosrowshahi had an Undercover Boss-type stint driving for Uber and delivering for Uber Eats for a period last year. "But we didn't take pride in the driver product because very few of us drove."
Persons: Dara Khosrowshahi, Khosrowshahi, Uber, frickin, COVID —, he'd, Steven Levy Organizations: Service, Uber Locations: Wall, Silicon, New York City
Fincher found no complaints from his leading man, who wasn’t in Venice because of the SAG-AFTRA strike: “Michael’s cool. “At one point, we even debated the Razor scooter,” he said, nixing that only because it wouldn’t perform well during a stair stunt. “I was like, ‘I want James Bond by way of Home Depot,’” Fincher said. “I love the idea of a Charles Bronson character who’s maybe misdiagnosed adult autistic,” he said. “And before 2023, I’m not sure anybody would have gone, ‘Oh, that makes sense.’”
Persons: Fincher, , John Wick, it’s, ” Fincher, Pitt, James Bond, ’ ” Fincher, Charles Bronson, I’m Organizations: SAG Locations: Venice,
Instacart’s mixed bag has valuation opportunities
  + stars: | 2023-08-28 | by ( Anita Ramaswamy | ) www.reuters.com   time to read: +4 min
If it doesn’t push valuation too hard, a public listing could be seamless. Instacart booked net income in 2022, a rarity for a growth company hitting the public market. That brings Instacart’s enterprise value to roughly $17 billion, less than half of what it was worth in 2021 but still higher than the internal valuation it inked last year. Follow @AnitaRamaswamy on XCONTEXT NEWSGrocery-delivery business Instacart filed paperwork to go public on Aug. 25 under the formal name Maplebear. The company, which did not share its target price range in the filing, grew revenue by 39% in 2022 to $2.6 billion.
Persons: Eric Cohn, Cheney Orr, Fidji Simo, Instacart, Simo, Apoorva Mehta, Domino's, Lauren Silva Laughlin, Sharon Lam Organizations: Safeway, REUTERS, Reuters, Nasdaq, Kroger, Aldi, Costco Wholesale, Companies, Thomson Locations: Tucson , Arizona, U.S, Cava
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