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☆ NCAA signs off on deal that would change landscape of college sports — paying student-athletes
▼ + stars: | 2024-05-24 | by ( The Associated Press | Nbc News | ) www.cnbc.com time to read: +8 min

General signage before practice for the first round of the 2024 NCAA Tournament at PPG Paints Arena. Charles LeClaire-USA TODAY SportsA major change could be coming for college athletes — they may soon start getting paid. Other casesThe settlement is expected to cover two other antitrust cases facing the NCAA and major conferences that challenge athlete compensation rules. Hubbard v. the NCAA and Carter v. the NCAA are also in front of judges in the Northern District of California. College sports have been trending in this direction for years, with athletes receiving more and more monetary benefits and rights they say were long overdue.

Persons: Charles LeClaire, —, Charlie Baker, Steve Berman, Grant, Michael McCann, McCann, Logan Riely, Hubbard, Carter, Fontenot, they're, George Zelcs Organizations: PPG Paints, NCAA, ACC, SEC, Former Arizona State, Grant House, Sedona Prince, TCU, NBC, Washington Huskies, Michigan Wolverines, College Football Playoff, Notre Dame, Big, Atlantic Coast, Washington, Oregon State, Northern District of, College Locations: Oregon, amateurism, Houston, Southeastern, Washington State, Northern District, Northern District of California, Colorado, Fontenot

☆ Jane Seymour on Her Best Movie & TV Roles: 'Wedding Crashers,' 'Dr. Quinn,' 'Bond'
▼ + stars: | 2024-05-23 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +14 min

AdvertisementI had to look and play a virgin — which I managed to do quite convincingly into my 40s on "Dr. Quinn," by the way. But I've only ever done two TV series, so now it's "Dr. Quinn" or "Harry Wild." AdvertisementAnd by the way, I got the worst reviews ever on "Dr. Quinn" as well. Studio Seven Productions/NM/Sygma via Getty ImagesI was going to bring up "Dr. Quinn" next — did you expect it to turn into such a beloved show when you initially signed on? There's another factoid that when I did "Dr. Quinn," I only washed my hair in English rainwater that was flown in on a 747 every week.

Persons: Roger Moore, Jane Seymour, Bond, Seymour, Harry Wild, she's, She's, Lindsay Lohan's, — she's, Christopher Reeve, Quinn, " Milne, I'd, It's, I'm, I've, Christopher Reeve Jane Seymour, Eddie Sanderson, Dana, Reeve, Chris, —, Sir, Shaw, Colin Powell, Dr, Doctor Quinn, Jane, she'll, we've, it's, Owen Wilson, You've, it'd, Owen, I'm Kitty Cat, Steffan, Princess Leia, Spielberg, Richard Chamberlain Organizations: Business, Acorn, Netflix, Hearts Foundation, Medicine, Seven, Getty, CBS, Orange, Raiders Locations: English, Dublin, Calgary, Eden, Hong Kong, New York, Mexico

☆ I was an airline pilot for 11 years. The Singapore Airlines incident shows why you should always wear your seatbelt.
▼ + stars: | 2024-05-22 | by ( Tom Carter | ) www.businessinsider.com time to read: +5 min

The Singapore Airlines incident this week is a reminder that passengers should always wear a seatbelt when flying, even if the seatbelt sign is off. The interior of Singapore Airlines flight SQ321 is pictured after an emergency landing at Bangkok's Suvarnabhumi International Airport. Singapore Airlines incidentThe damage on Singapore Airlines flight SQ321 saw panels and oxygen masks hanging from the ceiling. Obtained by Reuters/HandoutWhat happened with the Singapore Airlines flight was an extreme case. I don't ever worry about flying, and even after the Singapore Airlines incident, I wouldn't worry about flying because I know it's so unusual.

Persons: —, Emma Henderson, Stringer, it's, you'll Organizations: Service, University, Singapore Airlines, Business, REUTERS, Reuters, Pilots Locations: Bangkok, Geneva

☆ Strong spending is obscuring an economy that isn’t working for many Americans
▼ + stars: | 2024-05-22 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +9 min

New York CNN —Even after years of inflation, geopolitical chaos and recession in Europe, the US economy remains robust and resilient. Unemployment rose to 3.9% last month, lower-income consumers are spending less and businesses are limiting employee hours and pay. A recent survey by Santander Bank of its customers found that while inflation fears have largely subsided, middle-income Americans are pessimistic about the economy. Those Americans could still be suffering, but their stories are obscured by data that paints a broad picture of a resilient economy. Piepszak, meanwhile, now leads the company’s newly combined commercial and investment bank with her co-CEO Troy Rohrbaugh.

Persons: ”, Gregory Daco, haven’t, Skyler Weinand, Regan, “, ” Nanette Abuhoff Jacobson, Bryan Mena, What’s, Jamie Dimon, Here’s, Dimon, he’s, —, ” Dimon, can’t, “ Dimon, Marianne Lake, Jennifer Piepszak, Piepszak, Troy Rohrbaugh, Rohrbaugh, Mary Erdoes, Jeremy Barnum, Daniel Pinto, COOs Gordon Smith, Smith, Satya Nadella, Bing Organizations: CNN Business, Bell, New York CNN, Regan Capital, Santander Bank, Hartford Funds, Bureau of Labor Statistics, Federal Reserve, JPMorgan, JPMorgan Chase, Bank of America, Microsoft Locations: New York, Europe, Redmond, Washington

☆ Why Warren Buffett's record $189 billion cash pile isn't the market-crash signal some say it is
▼ + stars: | 2024-05-18 | by ( Matthew Fox | ) www.businessinsider.com time to read: +5 min

Berkshire Hathaway is sitting on a record pile of cash at $189 billion. Putting Berkshire's cash pile into perspectiveInstead of measuring Berkshire Hathaway's cash position on an absolute basis, investors are better off measuring the cash pile as a percentage of Berkshire's total assets, according to Bloomstran. Berkshire Hathaway's $189 billion cash is actually at a pretty normalized level, and well below its peak of nearly 40% in 2004. At the time, the S&P 500 was trading near record highs, Apple was the biggest company in the world, and Berkshire Hathaway's absolute cash pile was at a record. with regards to Berkshire's cash pile at this year's annual shareholder meeting, the legendary investor responded:Advertisement"We only swing at pitches we like."

Persons: Berkshire Hathaway, Chris Bloomstran, —, Warren Buffett, Buffett, couldn't, Semper Augustus, Bloomstran, Berkshire Hathaway's, there's, Apple, He's, shouldn't Organizations: Service, Berkshire, Business, Berkshire Hathaway's, Apple Locations: Berkshire, That's

☆ Boeing whistleblower died by suicide, police investigation reveals
▼ + stars: | 2024-05-17 | by ( Sara Smart | ) edition.cnn.com time to read: +4 min

CNN —Boeing whistleblower John Barnett died by suicide, according to a police report released on Friday, bringing to end an investigation of the shocking death of a longtime employee who raised concerns about the airplane manufacturer’s safety and production standards – and who sued the company, claiming Boeing illegally retaliated against him. Barnett, 62, was found dead in a vehicle on March 9 from a self-inflicted gunshot wound in Charleston, South Carolina. The investigation found that Barnett was shot in the head at close range and the weapon was found in his right hand. “As a quality manager at Boeing, you’re the last line of defense before a defect makes it out to the flying public,” Barnett told the Times. That led the US Justice Department to announce this week that Boeing could face criminal prosecution for its history of safety problems.

Persons: John Barnett, Barnett, Robert Turkewitz, Brian Knowles, Barnett’s, ”, ” Barnett, I’d, Brad Zaback, ” Zaback, Max Organizations: CNN — Boeing, Boeing, Charleston Police Department, Coroner’s Office, Police, CNN, New York Times, Times, US Justice Department Locations: Charleston , South Carolina, Charleston

☆ Gina Rinehart: Australia’s richest woman seeks removal of her portrait from exhibition
▼ + stars: | 2024-05-16 | by ( Catherine Nicholls | Hilary Whiteman | ) edition.cnn.com time to read: +3 min

That certainly seems to be the case with a painting by indigenous artist Vincent Namatjira, which includes a portrait of Australia’s richest person, mining magnate Gina Rinehart. Rinehart has reportedly called for the National Gallery of Australia (NGA) to remove her portrait, one of 21 individual works that make up a single piece in Namatjira’s exhibition “Australia in Colour,” from display. The painting of Rinehart is one of 21 portraits by artist Vincent Namatjira that feature in his exhibition "Australia in Colour." Vincent NamatjiraAustralian media has reported that Rinehart approached the NGA’s director and chair to request the painting’s removal. She “remained unshakable” at the top of Forbes’ Australia’s 50 Richest list for 2024, the outlet reported in February.

Persons: Vincent Namatjira, Gina Rinehart, Rinehart, Queen Elizabeth II, Jimi Hendrix, Vincent Lingiari, Scott Morrison, “, Jackson, ” Namatjira, ”, Namatjira, Lang Hancock, She “, Forbes ’, 9News, Penelope Benton, NAVA Organizations: CNN, National Gallery of Australia, NGA, National Gallery, Hancock, Forbes, Australia’s National Association for, Visual Arts, NAVA, Gallery of Australia Locations: Australia, Canberra, American

☆ Why Johnson’s appearance at Manhattan courthouse stands out among Republicans backing up Trump
▼ + stars: | 2024-05-14 | by ( Stephen Collinson | ) edition.cnn.com time to read: +6 min

CNN —House Speaker Mike Johnson is not waiting for ex-President Donald Trump to be judged by a jury of his peers. Vance, a possible VP contender, was there along with Alabama Sen. Tommy Tuberville, a famed former college football coach. The speaker’s appearance is different, given the constitutional heft of his office and the figurative connotations it evokes. Some experts have questioned whether any other defendant besides Trump would face the same indictment at the hands of a prosecutor, Manhattan District Attorney Alvin Bragg, a Democrat. Trump is exercising his right to mount a defense and is considered innocent until proven guilty.

Persons: Mike Johnson, Donald Trump, He’s, Trump, Johnson, Michael Cohen, Ohio Sen, J.D, Vance, Alabama Sen, Tommy Tuberville, Doug Burgum, ”, he’s, Stormy Daniels, Daniels, Cohen, Trump’s, –, ” Johnson, Attorney Alvin Bragg, “ Organizations: CNN —, Republican, Louisiana Republican, Trump, ”, Ohio, Alabama, North Dakota Gov, GOP, Attorney, Democrat Locations: Louisiana, New York, Manhattan

☆ Why America Still Can't Get Rid of High Prices, Inflation
▼ + stars: | 2024-05-13 | by ( Neil Dutta | ) www.businessinsider.com time to read: +9 min

Typically, price increases are a slow-moving process, so it is rare to see core inflation accelerate this much this quickly. The Survey of Professional Forecasters has found longer-run expectations for inflation have leveled out at 2% — the Fed's target. These one-offs have had an outsize impact on the overall inflation picture. Ahead of 2024, the contribution from acyclical components to core inflation was essentially zero. The strong growth in private demand suggests that second-quarter GDP could be even more robust.

Persons: I've Organizations: America, Federal Reserve, PCE, Atlanta Fed Locations: Real

☆ Cannabis Rollout Hampered by Inexperienced Leadership, N.Y. Report Finds
▼ + stars: | 2024-05-10 | by ( Ashley Southall | ) www.nytimes.com time to read: +1 min

A startup-like culture at the state cannabis agency has contributed to “confusion, difficulty and delay” in the rollout of the state’s legal market, according to a report set to be released on Friday. Kathy Hochul in March after she declared the rollout a “disaster,” paints the clearest picture yet of a licensing process that has been criticized as clunky and opaque. It also outlines ways to clear roadblocks that have helped the illicit market steal the advantage the state had intended for small businesses and people who were harmed by the war on drugs. There are just 122 licensed recreational dispensaries open across the state, while officials say the number of illicit shops in New York City alone has nearly doubled to 2,900. At the end of April, nearly 4,900 applications for retail and craft businesses were still waiting to be reviewed, some from as far back as August 2022.

Persons: Kathy Hochul Organizations: Cannabis Management, Gov Locations: New York City

☆ US Pacific bases and aircraft are wildly vulnerable to Chinese missile barrages that could overwhelm defenses, lawmakers warn
▼ + stars: | 2024-05-10 | by ( Chris Panella | ) www.businessinsider.com time to read: +5 min

Read previewUS bases and aircraft in the Pacific are facing intense threat from Chinese missiles, and the Pentagon isn't doing enough to counter that challenge, according to American lawmakers. In a Wednesday letter to Air Force Secretary Frank Kendall and Navy Secretary Carlos Del Toro, 13 members of Congress pointed out glaring vulnerabilities in the Pacific region and demanded "immediate changes." A U.S. Air Force Rockwell B-1B Lancer (L) and a Boeing KC-135 Stratotanker (R) sit on the tarmac at Andersen Air Force base on August 17, 2017, in Yigo, Guam. Justin Sullivan/Getty ImagesIn the letter, lawmakers note that many of the US bases in the Pacific remain unhardened, leaving aircraft and assets vulnerable to missile strikes. Notably, none of the US shelters were in Guam — home to Andersen Air Force Base which routinely hosts American bombers.

Persons: —, Frank Kendall, Carlos Del Toro, John Moolenaar, Justin Sullivan, Tom Shugart, Timothy A, Walton, Andy Wong Organizations: Service, Pentagon, Air Force, Business, Department of Defense, Chinese Communist Party Rep, Commonwealth of, Pacific ., U.S . Air Force Rockwell, Boeing KC, Andersen Air Force, US, Center, New, New American Security, Hudson Institute, Andersen Air Force Base, American, People's Liberation Army Rocket Force, Lawmakers, Rocket Force, China's Locations: Pacific, China, Okinawa, Guam, Commonwealth, Northern Mariana, U.S, Yigo, New American, Shugart, Tiananmen, Beijing

☆ Behind America's divided economy: Booming luxury travel and a jump in 'relief' loans
▼ + stars: | 2024-05-10 | by ( Alex Harring | ) www.cnbc.com time to read: +11 min

First-class travel has exhibited special strength, though management noted that can be tied in part to a resurgence of business trips. People taking these loans are more likely to be lower-income with no more than a high school diploma, Lanier said. Daniel Acker | Bloomberg | Getty ImagesFrozen food maker Tyson Foods has seen consumers shifting more to eating at home than the quick-service restaurants it supplies. It's also important to remember that lower-income Americans were feeling financial pressures before the pandemic, said Tyler Schipper, an associate professor of economics at the University of St. Thomas in Minnesota. Airbnb touted interest in travel to events like the Paris Olympics and the European Cup in Germany this summer.

Persons: there's, It's, Christophe Le Caillec, underscoring, Blair Lanier, Lanier, McDonald's, Tyson, Daniel Acker, Tyson Foods, Stanley Black, Decker, Jane Fraser, CNBC's Sara Eisen, Fraser, Nancy Lazar, Piper Sandler, Tyler Schipper, Thomas, Schipper, Eric Thayer, We've, Cliff Pemble Organizations: TSN, American Express, Federal Reserve, CNBC, People, University of Michigan, San Francisco Federal Reserve, U.S, PepsiCo, Bloomberg, Getty, Tyson, Management, Adobe Analytics, Furniture, Citigroup, University of St, Airlines, Delta Air Lines, JetBlue Airways, Caribbean . Booking Holdings, Paris Olympics, European, Ticketmaster, Cedar Fair, Flags, Wayfair, Garmin Locations: America, U.S, Minnesota, New York, Germany, Valencia , California

☆ The Black Female Artists Redefining Minimalism
▼ + stars: | 2024-05-10 | by ( Adam Bradley | ) www.nytimes.com time to read: +2 min

These were some of Kelly’s signature panels: bold, monochromatic shapes of saturated color in oil on canvas. Jones recalls being struck most of all by what Kelly’s work displaced. It occupied the second floor of the museum’s two-story sculpture court, which had been redesigned the previous year to showcase classical sculpture and painting. “They took down all these other artists to put up this suite,” Jones says. Next April, she will take over the Metropolitan Museum of Art’s roof garden, where she’ll debut her first multiwork outdoor sculptural installation.

Persons: JENNIE C, JONES, Ellsworth Kelly, Jones, “, ” Jones, Kelly, Miles Davis’s Organizations: Art Institute of Chicago, Metropolitan Museum Locations: Gabonese

☆ Apple Says Destructive iPad Ad ‘Missed the Mark’
▼ + stars: | 2024-05-09 | by ( Tripp Mickle | More About Tripp Mickle | ) www.nytimes.com time to read: +1 min

Apple doesn’t make mistakes often and seldom apologizes, but on Thursday, its head of advertising said the company had erred in making a new iPad commercial that showed an industrial compressor flattening tools for art, music and creativity. “Creativity is in our DNA at Apple, and it’s incredibly important to us to design products that empower creatives all over the world,” said Tor Myhren, the company’s vice president of marketing communications, in a statement provided to the publication AdAge. “Our goal is to always celebrate the myriad of ways users express themselves and bring their ideas to life through iPad. We missed the mark with this video, and we’re sorry.”Mr. Myhren said Apple would no longer run the ad on TV. They found the crushing of a trumpet, piano, paints and a sculpture particularly unnerving at a time when artists fear that generative artificial intelligence, which can write poetry and create movies, might take away their jobs.

Persons: ”, Tor Myhren, Mr, Myhren Organizations: Apple, Big Tech

☆ U.S. probe finds widespread sexual misconduct at FDIC
▼ + stars: | 2024-05-07 | by ( ) www.cnbc.com time to read: +2 min

The Federal Deposit Insurance Corporation must make sweeping changes to address widespread sexual harassment and other misconduct, according to an independent report released on Tuesday that raises questions about the future of the banking regulator's leadership. The report, prompted by a Wall Street Journal investigation, cited accounts from more than 500 people, including some who alleged FDIC Chair Martin Gruenberg had engaged in bullying and verbal abuse. "For far too many employees and for far too long, the FDIC has failed to provide a workplace safe from sexual harassment, discrimination, and other interpersonal misconduct," said the report, adding that those accused of misconduct were frequently reassigned new roles. "Chair Gruenberg must accept responsibility and must immediately work to make fundamental changes to the agency and its culture." Some employees described Gruenberg as "harsh" and "aggressive", as well as prone to losing his temper, the report said.

Persons: Martin Gruenberg, Cleary Gottlieb, Gruenberg, Patrick McHenry, Sherrod Brown Organizations: Federal Deposit Insurance Corporation, Wall Street Journal, FDIC, WSJ, Democrat, Republican, Financial Services, Banking, Housing, Urban Affairs Committee

☆ Inside the Growing Alarm Over Blackstone's BREIT Real-Estate Fund
▼ + stars: | 2024-05-07 | by ( Bethany Mclean | ) www.businessinsider.com time to read: +23 min

Investors in Blackstone's real-estate fund asked for their money back in droves — more than $15 billion to date. Unless the real-estate market comes roaring back, analysts warn, BREIT could end up shrinking to a fraction of its current size, leaving the fund's investors holding the bag. Only 3% of BREIT's holdings are in office buildings, which have been ground zero for commercial real estate pain. Advertisement"Not all real estate is created equal," BREIT boasted in a recent letter to stockholders, "and where you invest matters." "Commercial real estate is a slow burn," Brian Moynihan, the CEO of Bank of America, recently observed.

Persons: Blackstone, —, BREIT, REITs, Steve Schwarzman, Jeenah, Nate Koppikar, Craig McCann, BREIT's, Chilton, McCann, McCann, Horacio Villalobos, That's, Donald Trump, Robert Chang, Schwarzman, Michael Blackshire, Phil Bak, Stephen Schwarzman, Shannon Stapleton, Brian Moynihan, it's, It's Organizations: BREIT, Orso Partners, Securities Exchange Commission, Blackstone, SEC, Chilton Capital Management, SLCG Economics Consulting, Publicly, University of California, Regents, Armada Investors, Reuters, Bank of America Locations: BREIT, Lisbon, Fideres

☆ Genes known to increase the risk of Alzheimer’s may actually be an inherited form of the disorder, researchers say
▼ + stars: | 2024-05-06 | by ( Brenda Goodman | ) edition.cnn.com time to read: +10 min

Among people diagnosed with Alzheimer’s, researchers recognize familial forms of the disease and sporadic cases. This shifting appreciation of inherited risk, researchers say, is due to a better understanding of the role of a fourth gene that carries the blueprints to make a lipid-carrying protein called apolipoprotein E, known as APOE. One known as APOE2 is thought to be protective against the development of Alzheimer’s disease. They also compared people with two copies of APOE4 to people with other inherited forms of the disease — early-onset autosomal dominant Alzheimer’s disease (ADAD) and Down syndrome-associated Alzheimer’s disease (DSAD). Gene testing isn’t currently recommendedIt is also likely to change how people who carry the APOE4 gene are diagnosed and treated.

Persons: APOE4, ”, Dr, Juan Fortea, Sant, Fortea, Charles Bernick, Bernick, Alzheimer’s wasn’t, isn’t, they’re, ” Fortea, Sanjay Gupta, Reisa Sperling, “, ” Sperling, ” Dr, Sterling Johnson, Johnson Organizations: CNN, Nature, National Alzheimer’s Coordinating, Neurology, Hospital de, Cleveland Clinic Lou, Brain Health, CNN Health, Alzheimer’s Research, Brigham, Women’s, Alzheimer’s, University of Wisconsin Locations: Alzheimer’s, Spain, United States, Santa, Barcelona, Wisconsin

A video showing the aftermath of the strike that killed Shahed captured her sprawled on the ground next to her friends, her pink pants impossible to miss. Every time she came in, she said, ‘Mom.’ I would say, ‘My soul, my soul,’” Awda Talla told CNN. An analysis of the site of the attack, documented by a freelance journalist working for CNN in Gaza, paints a very different picture of Israeli military responsibility. Israeli military’s shifting responseCNN has pressed the Israeli military for details about the strike, which took place on April 16 at about 3:40 p.m., according to video evidence. The Israeli military declined to provide any additional evidence to back up its claims.

Persons: Mona Awda Talla, Shahed, Awda Talla, ’, Chris Cobb, Smith, It’s, ” Cobb, “, Shahed’s, Chris Lincoln, Jones, Cobb, –, Maghazi, ” Mahmoud Beha Abdel Lattif, I’m, ”, —, ” Sama, Ahmed Abu Jayyab Organizations: CNN, ”, British Army, CNN CNN, Artillery, Armament Research Services, Israel Defense Forces, IDF Locations: Gaza’s Al, Gaza, Israel, Israeli, Shahed, British, Al, Aqsa

“You did everything you could to get as close to that line as possible without crossing it, right?” Mr. Bove said. “I did everything I could to make sure that my activities were lawful,” Mr. Davidson replied. Mr. Davidson, who had a niche practice representing people with often salacious claims against celebrities, began the day by describing his unpleasant relationship with Michael D. Cohen, Mr. Trump’s former fixer and personal lawyer, who ultimately paid Ms. Daniels to keep silent. Mr. Trump is charged with 34 felonies for what prosecutors say were his attempts from the White House to disguise reimbursements to Mr. Cohen. The testimony from Mr. Davidson on Thursday, his second day on the stand, painted a vivid portrait of fevered efforts by the witness, Mr. Cohen and others to keep allegations of extramarital affairs by Mr. Trump out of the public eye.

Persons: Bove, “, Mr, Davidson, Trump, Michael D, Cohen, Trump’s, Daniels, reimbursements

☆ India election 2024: The indelible ink behind the world’s biggest election
▼ + stars: | 2024-05-02 | by ( Dhruv Tikekar | ) edition.cnn.com time to read: +7 min

The Election Commission uses indelible ink, or “voter ink”, to prevent fraud or duplicate votes. Sujit Jaiswal/AFP/Getty ImagesMore than 960 million people are eligible to vote in India’s election, the world’s biggest. “Indelible ink serves no other purpose,” said Irfan. The company now supplies indelible ink to more than 35 countries, including to Ghana beginning in the late 1970s. However, Ghana’s election commission recently announced it would phase out the use of indelible ink, opting for biometric verification methods instead.

Persons: CNN CNN —, ”, K Mohammed Irfan, Manish Swarup, Deepika Padukone, Sujit Jaiswal, Irfan, “, Ornit Shani, Shani, ” Shani, Prakash Singh, MVPL, Krishna Raja Wadiyar IV, Mukulika Banerjee, Rakesh Nair, Banerjee, haven’t, ‘ I’ve Organizations: CNN CNN, CNN, Getty, Universal, Bloomberg, London School of Economics, Reuters “ Locations: Neemrana, India, Mumbai, AFP, Mysuru, Karnataka, Chennai, Muzaffarnagar district, Uttar Pradesh, Mysore, Ghana, West Bengal

☆ Student unrest ratchets up an already tense election year
▼ + stars: | 2024-04-30 | by ( Stephen Collinson | ) edition.cnn.com time to read: +12 min

CNN —Dramatic campus protests are injecting an inflammatory new element into an election year that is already threatening to stretch national unity to a breaking point. Republicans smell an openingGOP Rep. Elise Stefanik is a driver of the deepening political backlash against campus protests. Republicans are also using the drama of student protests as a shield and to downplay their presumptive nominee’s own extremism. The unrest is so far not comparable since there’s no student mob trying to destroy American democracy. And they are not yet in the same league as the civil rights and Vietnam War protests in the 1960s and 1970s.

Persons: they’ve, Joe Biden, Biden, Israel –, Donald Trump, Trump, “, ”, Fox, “ Biden, appeasing, who’ve, Will, Elise Stefanik, Stefanik, Mike Johnson’s, skewer Biden, ” Stefanik, Johnson, aren’t, ” Johnson, Ronald Reagan, Berkeley ”, Richard Nixon, antisemites, Trump’s, ” Trump, George Floyd, David Farber, Paula Newton, John Kennedy, Barack Obama Organizations: CNN, New York Police Department, Columbia University, –, University of California, UCLA, Brown University, Israel, The New York Republican, Harvard, Ivy League, Columbia, National Guard, GOP, Republicans, California, Berkeley, Democratic Party, crackdowns, Capitol, University of Kansas, CNN International, Harvard University Locations: Gaza, America, Texas, Columbia’s, Palestine, Los Angeles, Israel, Rafah, United States, Vietnam, Charlottesville , Virginia

☆ This $119 houseplant is bioengineered to remove harmful air pollution in your home.
▼ + stars: | 2024-04-30 | by ( Ellyn Lapointe | ) www.businessinsider.com time to read: +9 min

Biotech company Neoplants just released the first houseplant grown to reduce indoor air pollution. Neo P1 can remove 30 times more VOC's, harmful indoor pollutants, than a typical houseplant. This week, the France-based biotech company Neoplants released the first houseplant bioengineered to remove harmful chemicals from indoor air. AdvertisementUnpacking the Neo P1 systemThe Neo P1 system comes with a marble queen pothos potted in a specially designed "shell," and a six-month supply of power drops. AdvertisementStriving for sustainabilityEvery part of the Neo P1 air purifying system is manufactured in the US.

Persons: —, you'd, Glenn Morrison, Patrick Torbey, Lionel Mora weren't, Mora, Torbey, Morrison, Neoplants, Jennifer Brophy, " Mora, it's, we'll Organizations: Biotech, Neoplants, Service, American Lung Association, University of North, Business, Stanford University, MIT Tech Locations: France, University of North Carolina, Torbey, VOCs, Neoplants, Paris

☆ The Fed is focusing on 'flawed' data and keeping rates high will result in a big policy mistake, economist says
▼ + stars: | 2024-04-29 | by ( Yuheng Zhan | ) www.businessinsider.com time to read: +3 min

Read previewThe Federal Reserve's fixation on a streak of "flawed" data to justify keeping interest rates higher for longer is bound to spark a policy mistake, according to top economist David Rosenberg. "The Fed seems to be focusing not just on flawed data, but on headlines only. Finally, he noted that the Fed's long-term view of the economy as still hot based on non-farm payroll data was dashed by the Quarterly Census of Employment and Wages and Business Employment Dynamics. Rosenberg pointed out that the payroll report may be exaggerating actual employment by 70,000 per month. Meanwhile, BED data indicated a 192,000 drop in private employment in Q3 of last year, whereas private job payroll data reported a significant 521,000 increase in that time.

Persons: —, David Rosenberg, Rosenberg, it's Organizations: Service, Business, Fed, Quarterly, Employment Dynamics

☆ Biden is up against nostalgia for Trump’s first term
▼ + stars: | 2024-04-28 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

More than half, 55%, of all Americans say they see Trump’s presidency as a success, while 44% see it as a failure. Four years ago, he was able to assail Trump’s time in office from his position as a challenger. Biden won all three in 2020 after Trump won them in 2016 in his victory over Democratic nominee Hillary Clinton. In the poll, 92% of Republicans view Trump’s time in office a success, while just 73% of Democrats say Biden’s has been a success. And while 85% of Democrats polled say they back Biden, 91% of Republicans say they support Trump.

Persons: Joe Biden, Donald Trump, he’s, William Barr, Trump, CNN he’d, Ron DeSantis, Biden, Robert F, Kennedy Jr, ”, Israel, Mike Johnson, Benjamin Netanyahu, underscoring, Hillary Clinton, South Carolina Republican Sen, Lindsey Graham, CNN’s Dana, Nikki Haley, Biden’s, CNN’s Kristen Holmes, Kit Maher, CNN’s Kaitlan Collins, Trump . Barr, Trump’s, Chris Sununu, Haley, —, Georgia —, ” Biden, He’s, Colin Jost, “, ” Jost, Washington Hilton Organizations: CNN, GOP, Republican Party, Florida Gov, Trump’s, Democratic, Columbia University, National Guard, Israel, DeSantis, CBS, Biden, Trump, Trump ., South Carolina Republican, South Carolina Gov, New, New Hampshire Gov, “, White, Republican, Washington Locations: New York, Gaza, Manhattan, Rafah, Michigan , Pennsylvania, Wisconsin, “ State, New Hampshire, Georgia, Ukraine, Russia, Israel, American

☆ Misinformation has created an alternative world for some Americans
▼ + stars: | 2024-04-28 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +10 min

O’SULLIVAN: So much of mainstream American politics now is being infected and affected by what is happening on what was once considered the real fringes — fringe platforms, fringe personalities. O’SULLIVAN: A lot of people got kicked off the major social media platforms after January 6. Because major social media platforms like Facebook have these rules. But I think just overall, in 2016, all the guards were down when it came to social media. And then in 2020 there was a big crackdown from the social media platforms, which got a huge amount of blowback from conservatives.

Persons: CNN —, —, CNN’s Donie O’Sullivan, Trump, Anderson Cooper ”, Joe Biden didn’t, They’ve, they’ve, we’ve, Rachel Powell, “, O'Sullivan, It’s, Joe Black, Donald Trump, O’Sullivan, Black, Joe Biden, it’s, You’re, ”, Tim Alberta, Christiane Amanpour, Caleb Campbell, — he’s, You’ve, you’ve, Elon Musk, WOLF, There’s, she’ll, She’s Organizations: CNN, FBI, Pastors, Facebook, Twitter, Elon, Trump Locations: Colorado, Alberta, West Virginia, Trump

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