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☆ Peloton's demise is another in a long line of failed fitness fads
▼ + stars: | 2024-05-15 | by ( Emily Stewart | ) www.businessinsider.com time to read: +11 min

Peloton isn't going under imminently, but let's be real here: No fitness fad lasts forever. While there was a lot that went wrong, the long and short of it is that Peloton failed to read the room on its pandemic popularity. "It's not that Peloton isn't a good business model; it's that it simply isn't a mass product but more of a niche, luxe one," she said. Investors have soured on the company, and Peloton's once $50 billion market cap has fallen to under $2 billion. It also has to contend with the gym, which has all sorts of classes and fitness equipment that let people mix things up, including, in many cases, Pelotons or other connected-fitness devices.

Persons: I've, Tae, monthslong, Rina Raphael, Simeon Siegel, It's, That's, Siegel, Paul Golding, it's, Golding, there's, Raphael, Natalia Mehlman Petrzela, Emily Stewart Organizations: Private, BMO Capital Markets, Macquarie Capital, Google, YouTube, New School, Facebook, Business Locations: COVID, unsubscribing, Barre, America

☆ 12 jurors — including 3 finance guys and a woman whose friend is a convicted fraudster — have been chosen for Trump's Manhattan criminal trial
▼ + stars: | 2024-04-18 | by ( Jacob Shamsian | Laura Italiano | ) www.businessinsider.com time to read: +6 min

Read previewTwelve of Donald Trump's peers — 7 men, and 5 women — have been chosen to decide the first-ever criminal trial of a former US president. On Thursday afternoon, New York Supreme Court Justice Juan Merchan selected the 12th juror in Trump's Manhattan criminal case. AdvertisementTwo men chosen in the afternoon filled seats that had been vacated earlier in the day. One out of six alternate jurors, a woman, was also chosen. AdvertisementThere's a man who says he knows "little" about Trump's criminal cases and gets his news from The New York Times, The Daily Mail, Fox News, and MSNBC.

Persons: —, Donald Trump's, Juan Merchan, Merchan, Trump, doesn't, Donald Trump, Todd Blanche, Christine Cornell, Stormy Daniels, Blanche, That's, Joshua Steinglass, I'm Organizations: Service, Business, The New York Times, The Daily Mail, Fox News, MSNBC, AP Pool Trump, Prosecutors Locations: Manhattan, New

☆ Insurance companies are now using drones to find reasons to cancel your home insurance
▼ + stars: | 2024-04-06 | by ( Katie Balevic | ) www.businessinsider.com time to read: +2 min

Home insurance companies are using drone footage to find reasons to drop customers. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Insurance companies across the nation are now using drones to aerially scope out customers' homes and suss out reasons to cancel their home insurance, The Wall Street Journal reported. Still, her insurance company upheld their decision to cancel her plan, citing the aerial photos, which they refused to let her see. Though it may seem dystopian, insurance companies have drones, manned planes, and high-altitude balloons at their disposal for aerial surveillance, offering nearly full coverage of the country, the Journal reported.

Persons: —, Cindy Picos, Picos Organizations: Service, Street Journal, Journal Locations: California

☆ One of Wall Street's most powerful people is predicting that a 4-day workweek is coming
▼ + stars: | 2024-04-04 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at a Wall Street billionaire's prediction that the four-day workweek is coming . Billionaire hedge fund manager and New York Mets owner Steve Cohen said a four-day workweek is inevitable , Business Insider's Matthew Fox writes. Cohen put his money where his mouth is regarding the four-day workweek. As the newest four-day workweek fan club member, Cohen must be interested in implementing it at his hedge fund, Point72. Maybe the four-day workweek represents the olive branch companies can extend to get people back to their desks.

Persons: —, Jack, Dave Kotinsky, Rebecca Zisser, Steve Cohen, Matthew Fox, I'd, Cohen, Tech.co, Yuki Iwamura, Jerome Powell, Powell, Tesla, Brooks Kraft, OpenAI's, Logan Kilpatrick, Kilpatrick, Carl Godfrey, Bob Iger, Nelson Peltz, Iger, he's, he'll, Goldman Sachs, David Solomon, Joe Lewis, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, United Airlines, Boeing, Business, Lincoln Center, Billionaire, New York Mets, CNBC, Mets, Technologies, Workers, Federal, JPMorgan, Brooks, Brooks Kraft LLC, Getty, Services, Google, Bloomberg, BI, Reuters Locations: York, New York, London

☆ Covid Vaccine Hesitancy Took Off This Winter. Can We Fix It? - The New York Times
▼ + stars: | 2024-01-27 | by ( Danielle Ofri | ) www.nytimes.com time to read: +2 min

“It’s time for the flu shot,” I’ll say to my patients, “plus the updated Covid vaccine.” And that’s when the groans start. In the past, the flu shot elicited the most resistance. Health professionals everywhere are hearing this kind of hesitance among patients as Covid cases and hospitalizations have continued to rise during the winter. As of early January, the average number of Americans dying weekly from Covid was over 1,700. And yet, the Jan. 19 Centers for Disease Control and Prevention report indicated that only 21.8 percent of adults 18 and older have received the latest Covid vaccine — less than half of the percentage of those who have gotten the flu vaccine.

Persons: “, ”, Fine, There’s Organizations: New, for Disease Control Locations: New York City, Covid

☆ A new AI detection tool may have solved the problem of false positives for student writing, researchers say
▼ + stars: | 2024-01-24 | by ( Kali Hays | ) www.businessinsider.com time to read: +6 min

The researchers tested Binoculars on large sets of data compiled of news writing, creative writing, and student essays. As generative AI tools like ChatGPT explode in popularity, concerns have grown about students using AI to complete academic work while passing it off as their own. At the same time, many students have been wrongly accused of using AI, based on results of AI detection tools. Last year, schools and universities began disabling such AI detection tools. The researchers claimed Binoculars' method corrects for the role a person prompting an AI tool plays in the output, which has been pointed to as a cause for false positives in AI detection tools.

Persons: they've, Abhimanyu Hans, Dustin Moskovitz, Abu Dhabi's Falcon, Hans, Perplexity Organizations: Business, University of Maryland, Vanderbilt University, Carnegie Mellon University, New York University, Tübingen AI, Capital, Amazon Research

DAVOS, Switzerland (AP) — Business and political elites descended on the Swiss Alpine snows of Davos to suss out “rebuilding trust” in a splintering world. If there’s any takeaway from the World Economic Forum's annual meeting — boldly touting that theme — it’s that we still have a long way to go. The idea is getting people together, and big announcements are often just a byproduct — not the aim. “It’s unrealistic to think that Davos — or any meeting, anywhere in the world — in one meeting can rebuild trust when it’s fragmented on so many dimensions," said Rich Lesser, chairman of Boston Consulting Group. But thousands of conversations between the social, private and public sectors help create "a starting point for rebuilding trust,” he said.

Persons: —, Rich Lesser, ”, bigwigs, Bill Gates, Agnès Callamard, craziness, Long, Volodymyr Zelenskyy, ” Zelenskyy, ” Pham Minh Chinh, vociferously, Benjamin Netanyahu, Antony Blinken, wasn't, Antonio Guterres, Masha Macpherson, David Keyton, Courtney Bonnell, Kelvin Chan Organizations: —, Boston Consulting, Nature Energy, “ Cooperation, Security, Amnesty, European Union, U.S, Israeli, ” Locations: DAVOS, Switzerland, Swiss, Davos, suss, Ukraine, U.S, India, South Africa, UKRAINE, Kyiv, Europe, United States, Britain, Israel, Gaza, Palestinian, Saudi Arabia, London

☆ Should a company rate its staff? A former Amazon exec says 'stack ranking' is useful when done right
▼ + stars: | 2023-12-05 | by ( Lucy Handley | ) www.cnbc.com time to read: +6 min

What is 'stack ranking?' "Stack ranking" is an employee rating system popularized by executive Jack Welch in the 1980s during his time as CEO of GE. Does stack ranking work? And in many cases, having a stack ranking system is actually helpful, because there's an objective, collaborative process to evaluating employees," he said. Why is stack ranking controversial?

Persons: —, Alykhan Sunderji, Sunder, Jack Welch, Sunderji, Banks, Goldman Sachs, McDonald's, Chris Kempczinski Organizations: Amazon, CNBC, GE, Amazon Pay, Google, Microsoft, Origin, New York Times

☆ Wife of Ukraine’s top military intelligence official hospitalized with apparent heavy metals poisoning
▼ + stars: | 2023-11-28 | by ( Katie Bo Lillis | ) edition.cnn.com time to read: +3 min

Washington CNN —The wife of Ukraine’s top military intelligence official has been hospitalized with apparent heavy metals poisoning, according to Ukrainian and western officials. American and western intelligence officials have not independently verified the poisoning but believe Ukrainian reports to be accurate, sources familiar with the matter tell CNN. According to the GUR representative, she has been hospitalized for a week and had felt poorly for some time prior to being hospitalized. In England in 2018, Russian agents used a nerve agent to poison Sergei Skripal, a former Russian military officer and double agent for British intelligence agencies. While initial reports indicated that they suffered from poisoning, later reports indicated the they were sickened due to an environmental factor, not poisoning.

Persons: Marianna Budanova, Kyrylo Budanov, GUR, Andriy Yusov, Budanova, Edward Boyer, ” Boyer, “, Russia –, –, Sergei Skripal Organizations: Washington CNN, Ukrainian Defense Intelligence, CNN, Defense Intelligence, University of Massachusetts Locations: Ukrainian, Russia, Ukraine, Soviet Union, England, Russian, United States, Turkey

☆ 2023 El Niño winter: New maps reveal who could see more snowfall
▼ + stars: | 2023-11-03 | by ( Mary Gilbert | ) edition.cnn.com time to read: +5 min

NOAA Climate.govThe map above depicts how much snow differs from average across all El Niño winters, regardless of El Niño’s strength. Snowfall during all stronger El Niño winters (January-March) compared to the 1991-2020 average (after the long-term trend has been removed). The number of years with below-average snowfall during the 13 moderate-to-strong El Niño winters (January-March average) since 1959. Red shows locations where more than half the years had below-average snowfall; gray shows locations where below-average snowfall happened in less than half the years studied. On the map above, darker reds indicate areas that have experienced more years of below-average snowfall during moderate-to-strong El Niño winters.

Persons: Niño, There’s, “ El Niño, ” Michelle L’Heureux, Jon Gottschalck, Snow, El Niño Organizations: CNN, National Oceanic, Atmospheric Administration, NOAA, El, Northeast Locations: El, California, Texas, Southwest, Washington, Baltimore, Northwest, Midwest, Northeast

☆ As Singapore's aging population grows, businesses are courting older consumers
▼ + stars: | 2023-10-30 | by ( Audrey Wan | ) www.cnbc.com time to read: +7 min

Citizens aged 65 and above make up almost a fifth of Singapore's population in 2023. Nicky Loh | Bloomberg | Getty ImagesSINGAPORE — Singapore's population is aging fast. As the median population age increases, so do opportunities for Singapore businesses providing products and services for seniors. According to Aging Asia's Silver Economy Index 2020, Singapore shows the largest market potential for an aging population among 15 Asia-Pacific countries. Citibank estimates that consumers will likely spend more to treat and support the elderly, driving growth potential for health care and health services.

Persons: Nicky Loh, Kelvin Tan, Janice Chia, Tan, boomers, Vanessa Keng, Keng, —, Ng Li Lian, Ng Organizations: Bloomberg, Getty, SINGAPORE, Citizens, Asia's, Aging, Singapore University of Social Sciences, gerontology, Citibank, Kelvin Tan Singapore University of Social Sciences, Research, Singapore's Ministry of Health Locations: Singapore, Asia, Pacific, Aging Asia, SUSS

☆ German chip kit supplier hit by tightened China export scrutiny
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: +1 min

MUNICH, Oct 25 (Reuters) - German chip-making kit supplier Süss MicroTec (SMHNn.DE) cut its sales forecasts for the second time in three months, blaming tightened government controls for exports to China, sending shares tumbling 11%. The south German company said on Wednesday that deliveries worth 23.5 million euros ($24.86 million) were stuck at customs, adding that, though rules had not changed, customs appeared to have significantly stepped up their inspections for deliveries to China since August. German customs did not immediately respond to a request for comment. Süss Microtec expects sales of between 300 and 340 million euros this year, compared to 299.1 million euros last year, a smaller increase than they expected earlier. ($1 = 0.9454 euros)Reporting by Alexander Hübner, writing by Thomas Escritt; Editing by Rod NickelOur Standards: The Thomson Reuters Trust Principles.

Persons: Süss Microtec, Alexander Hübner, Thomas Escritt, Rod Nickel Organizations: Thomson Locations: MUNICH, China

☆ Opinion: Israel ground attack on Gaza would be a long, deadly ordeal, say urban warfare experts
▼ + stars: | 2023-10-25 | by ( Peter Bergen | ) edition.cnn.com time to read: +18 min

That’s the way two leading experts on urban warfare described the prospect of a ground attack by Israel on Hamas’ base in the streets and tunnels of Gaza. It’s in a body of knowledge on how to do this big of an urban operation as fast and effectively as possible. Israel continues to deploy soldiers and armored vehicles along the Gaza border in Zikim kibbutz of Ashkelon, Israel on October 14. In the concrete jungle of urban warfare, most of your weapons may not even penetrate the building the enemy is in. BERGEN: Doesn’t this have some implications for the “mass” involved when you launch a military operation in Gaza?

Persons: Peter Bergen, ”, Liam Collins, John Spencer, ” Collins, Spencer, ” PETER BERGEN, JOHN SPENCER, LIAM COLLINS, SPENCER, Mostafa Alkharouf, You’re, Liam Collins SPENCER, COLLINS, It’s, Nir Oz, David Kilcullen, you’ve, BERGEN, There’s, Yoav Gallant, Ronen Zvulun, We’re, Let’s, Liam, John Spencer BERGEN, Ukraine that’s Organizations: New, Arizona State University, Apple, Spotify, CNN, Hamas ’, Warfare, Madison Policy, New America, US Army Special Forces, Modern, US Military Academy, West, Israel Defense Forces, Hamas, Getty, IDF, Israel's, ISIS, Twitter, Facebook Locations: New America, Israel, Gaza, US, Madison, Afghanistan, Iraq, United States, Jerusalem, BERGEN, Gaza . Israel, Zikim, Ashkelon, Anadolu, COLLINS, Palestinian, Hamas, Israel's, Mosul, That’s, Ukraine, Russia, Let’s, Berlin, SPENCER

Those are just a few of the takeaways in a new book, “this is so awkward,” aptly lowercased and titled to break down all things puberty for today's parents. The book, out this week from Rodale, is written by pediatrician Cara Natterson, whose “Care & Keeping of You” series has sold more than 7 million copies, and Vanessa Kroll Bennett, a puberty educator and Natterson's co-host of “The Puberty Podcast." AP: One of the things that really struck me about the book is the often inconclusive state of science on puberty, leaving parents to suss out the truth for themselves. So issues of sleep, issues of self-esteem, issues of body image. This is a perfect opportunity for a do-over because controlling our kids' social media feels so big and it feels so hard.

Persons: Cara Natterson, Vanessa Kroll Bennett, Natterson's, Natterson, Kroll Bennett, KROLL BENNETT, That’s, hookup, don’t, they’ve, It's, We're, Vanessa, Let’s, You’re, It’s Organizations: Rodale, Technology

☆ How to Invest in Mutual Funds
▼ + stars: | 2023-10-11 | by ( Mallika Mitra | ) www.wsj.com time to read: +20 min

Mutual funds are relatively cheap and simple to invest in, thanks to the many trading apps and online brokerages available nowadays. To get started, read on for our 10-step guide on how to invest in mutual funds. Once you open an account, you can invest in a wide range of securities, like stocks, bonds and mutual funds. Buy mutual fund sharesNow that you’ve solidified your strategy and done your research, you are almost ready to buy mutual funds. How to buy mutual fund sharesSome mutual funds require an investment minimum, often between $500 and $3,000, but not all do.

Persons: Mallika Mitra, Tricia Rosen, ”, Rosen, “, Ameritrade, Roth, Roth IRAs, Uncle Sam, you’ve, Randy Bruns, it’s, Morningstar, Russell, hasn’t, Amy Arnott, John Bogle, Morningstar’s Arnott, pitfall Arnott, You’ll, you’ll, Don’t, Sam, haven’t Organizations: Mutual, Fidelity, Vanguard, Morningstar, SEC, Apple, Fidelity Investments Fidelity, Target, Walmart, Funds, Capital Group, Capital Group’s, The Securities, Exchange Commission, Social, Consumer, Morgan, Capital Locations: Andover, Mass, Naperville , Illinois, U.S

☆ Real estate insiders question how Trump fraud judge valued Mar-a-Lago
▼ + stars: | 2023-10-03 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

New York CNN Business —A New York judge ruled last week that former President Donald Trump inflated the value of his Mar-a-Lago estate by an eye-popping 2,300%. But the Mar-a-Lago finding in particular is raising eyebrows among real estate and legal experts because of the metric Judge Engoron relied on: the county tax assessor’s appraisal value. It’s a well-known fact,” said Eli Beracha, chair of the school of real estate at Florida International University. “A discrepancy of this order of magnitude, by a real estate developer sizing up his own living space of decades, can only be considered fraud,” Engoron wrote. Cintron, the Harrington Ocko & Monk partner, doesn’t think the Mar-a-Lago valuation controversy moves the needle on the question of whether Trump committed fraud.

Persons: Donald Trump, Trump, Arthur Engoron, Engoron, ” Engoron, ”, Eli Beracha, “, ” Dina Goldentayer, Douglas Elliman, ” Goldentayer, Goldentayer, Zillow, ” It’s, Jonathan Miller, Miller Samuel, ” Miller, Melissa Cintron, Harrington Ocko, Monk, it’s “, Miller, Christopher Kise, ” Trump, Letitia James, Cintron, Harrington, doesn’t, he’s, ” Cintron, CNN’s Anna Bahney Organizations: New York CNN Business, Trump, Florida International University, Miller Samuel Inc, Harrington, Mar, realtors, South, New York Locations: York, Beach, South Florida, New York City, “, Springs, Westchester County , NY, Aberdeen, Scotland, Trump

☆ She went on a solo trip to Italy. Right away she met the love of her life
▼ + stars: | 2023-09-22 | by ( Francesca Street | ) edition.cnn.com time to read: +14 min

CNN —Kacie Rose Burns walked into the Florence jazz bar, alone. “That place is, let’s say, unconventional for Florence,” Dario tells CNN Travel. And before long, Dario was planning a trip to visit New York. Then, Kacie and Dario packed up their life in New York and got ready to move across the Atlantic. While her social media presence was getting bigger, for the first few months in Florence, Kacie and Dario’s IRL world remained small.

Persons: CNN — Kacie Rose Burns, “ I’ll, Kacie, “, ”, ” Kacie, Italian I’ve, –, ‘, Florence, “ I’m, Dario, Jamie Lee, Dario Nencetti, ” Dario, Kacie he’d, he’d, It’s, Kacie Rose Burns, Florence’s Ponte, Lizzie McGuire, I’m, “ You’re, “ You’ll, Dario wasn’t, He’d, they've, York City’s, Kacie’s, She’d, thrall, Covid, They’d, Acclimatizing, didn’t, Italy It's, we’ve, he’s, “ We’re, I’ve, it’s Organizations: CNN, CNN Travel, Italian, Jazz, Firenze, York, IRL, Google Locations: Florence, Yorker, Italy, New York, Rome, Venice, there’s, Scotland, Japan, Miami, Kacie, Brooklyn, Kacie’s New York, “

☆ Olympic champion Titmus has surgery to remove benign tumours
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: +1 min

Sept 15 (Reuters) - Australia's world and Olympic swimming champion Ariarne Titmus said on Friday she was recovering from surgery to remove benign tumours from an ovary. The 200 and 400m freestyle Olympic gold medallist and 400m freestyle world record holder told followers on Instagram she would be taking some weeks to rest after the operation. "I feel blessed that I found these tumours before they got even bigger and started to have real implications on my health," she added. She said in June she could bow out of her swimming career at next year's Paris Olympics if she lost the motivation to continue. Reporting by Alan Baldwin in London, editing by Christian RadnedgeOur Standards: The Thomson Reuters Trust Principles.

Persons: Ariarne Titmus, I’ve, Titmus, Katie Ledecky, Alan Baldwin, Christian Radnedge Organizations: Tokyo Games, Olympics, Thomson Locations: Fukuoka, Japan, London

☆ Which Republicans can challenge Trump? Here's what the money says
▼ + stars: | 2023-07-22 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +10 min

CNN —For any Republican presidential candidate not named Donald Trump, making the first primary debate on August 23 in Milwaukee is an essential obstacle to overcome. The Republican National Committee set minimum viability requirements that numerous candidates are having trouble meeting. But the FEC – which is evenly divided between Democrats and Republicans – often struggles to agree on enforcement actions. But that perhaps is not surprising – given how large Trump, his former boss-turned-nemesis, looms over the hard-core Republican base. How is Trump making money these days?

Persons: Donald Trump, Trump, Fredreka Schouten, Miami Mayor Francis Suarez’s, “, ”, Doug Burgum, Burgum, Asa Hutchinson, Vivek Ramaswamy, I’ve, Republicans –, Ron DeSantis, Chris Christie, Ramaswamy –, he’s, hasn’t, ” Trump, Christie, Mike Pence, Pence, Hutchinson, Will Hurd, We’ve, can’t, Steve Contorno, Trump’s, WOLF, You’ve, Melania, Melania Trump, Biden, Joe Biden, That’s, Barack Obama, I’m, David Wright suss, David, Alex Leeds Matthews, –, it’s Organizations: CNN, Fox News, Republican National Committee, Trump, Miami Mayor, GOP, “ Francis Free, North Dakota Gov, Former Arkansas Gov, Federal, Commission, Republicans, Florida Gov, New, New Jersey Gov, Politico, White, Democratic, DNC, Biden Locations: Milwaukee, –, Florida, New Jersey, Wisconsin

☆ Opinion: How to respond to anti-LGBTQ hate this Pride month
▼ + stars: | 2023-06-09 | by ( Opinion Allison Hope | ) edition.cnn.com time to read: +8 min

I promise there are some simple and immensely helpful ways in which LGBTQ people and allies can take action in June and every month. Don Arnold/Getty ImagesIf you don’t know where to begin with lobbying, look to an LGBTQ or civil rights group doing the hard work on the ground. Commit to learning and teaching: Even members and strong allies of the LGBTQ community can benefit from fresh learning. After all, the LGBTQ community is anything but a monolith — there are so many diverse forms of representation and a landscape that is quickly evolving. It’s also not a bad time to support brands that are supportive of the LGBTQ community.

Persons: Allison Hope, Read, Allison, ”, isn’t, ” Melanie Willingham, “, they’re, Octavio Jones, allyship, —, Don Arnold, Virginia Woolf’s, Orlando ”, Dorian Gray ”, Oscar Wilde, Janet Mock’s, ” Young, Maia Kobabe’s, Juno Dawson, Jessica Love, Wilhelmina ”, Joseph Belisle, It’s, Ron DeSantis, intersectionality, let’s Organizations: New Yorker, The New York Times, Washington Post, CNN, Slate, Allison Hope, Tampa Pride, Getty, Progress, Florida Capitol, Sydney Opera House, Volunteer, Reading, Florida Gov, Twitter, Facebook Locations: New, Florida, Tampa, Tallahassee, Australia, Virginia, Paisley, America

☆ Deciding what to do when your employer changes the rules on remote work
▼ + stars: | 2023-06-09 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +6 min

New York CNN —If you’ve organized your life around a fully remote or highly flexible hybrid work schedule over the past three years, it can feel jarring if your employer decides to change the rules on remote work and require or enforce more on-site attendance. This, despite the company previously telling staffers most of them would be working remote full time, according to the Wall Street Journal. In addition, according to CNBC, it also said it hopes that employees working remotely full time will consider working a hybrid schedule instead if they live near a Google office. “Changes in remote work policies can certainly create significant risk to employee retention and engagement, depending on how drastic the changes are and how effectively they are executed by managers,” Wigert noted. What do you need to do your best work?

Persons: John Stankey, “, ”, Caitlin Duffy, ” Gallup, Ben Wigert, ” Wigert, you’re, Octavia Gordema, Gordema, you’ve, Duffy, ” Gordema, ” –, Catherine Thorbecke Organizations: New, New York CNN, T, Bloomberg, Farmers Insurance Group, Wall Street, Google, CNBC, Gartner Consulting, Gallup, “ Locations: New York

☆ Nasdaq's CEO outlined 3 ways firms can put up a better fight against financial crime
▼ + stars: | 2023-06-07 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +4 min

Nasdaq CEO and Chair Adena Friedman spoke about how regulators can help banks fight financial crime. A Wall Street executive has a three-point plan for regulators to consider to help banks tackle financial crime. The exchange operator is "challenging the regulators" to think of different ways to help firms in that fight, she added. Friedman, whose company acquired an anti-financial crime management tool a little over two years ago, said it starts with data sharing between financial firms. "Criminals don't just bank in one bank," she said, adding that pooling of information can help firms suss out patterns of bad behavior across different systems.

Persons: Adena Friedman, Friedman, we've Organizations: Nasdaq, Bloomberg Invest, Morning, Wall Locations: New York, Europe

☆ For Wall Street's newest interns, it's important to keep things in perspective no matter how things end up
▼ + stars: | 2023-06-06 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

Let's take a step backFor Wall Street interns, this week marks the start of their professional lives. So to the Wall Street interns who don't get a return offer in a few months, don't worry, you will too. Read more about Jefferies' Richard Handler explaining how Wall Street interns need to keep perspective. Check out all 15 pieces of advice Handler has for Wall Street interns. We asked our rising stars of Wall Street for some book recommendations.

Persons: Dan DeFrancesco, we've, I've, Richard Handler Jefferies, Richard Handler, Jefferies, Handler, It's, That'd, Guess, Tiffany Haley, Binance, Insider's Navah Maynard, Brandon Snower, Jeffrey Cane, Jack Sommers Organizations: Costco, Jefferies, Wall, Twitter, ESPN, Wall Street, SEC, Vanguard, Nike, LinkedIn Locations: New York, London

☆ I paid a stranger on Facebook $1,545 for tickets to Taylor Swift's 'Eras Tour.' Here's how I avoided getting scammed.
▼ + stars: | 2023-05-09 | by ( Joni Sweet | ) www.businessinsider.com time to read: +9 min

But like many Swifties, I never got access to Ticketmaster's disastrous presale for the Eras Tour. I posted on a Taylor Swift ticket-selling Facebook groupI turned to Facebook after I didn't hear back from several sellers on Twitter. Joni SweetMy search for Taylor Swift tickets started on Twitter. I had come across @ErasTourResell, an account which connects hopeful concertgoers with people selling their Eras Tour tickets for face value. I searched for terms like "Taylor Swift resell" and "Eras Tour tickets" and joined a few groups that came up.

☆ An experimental drug just showed it can help slow Alzheimer's, offering new hope for patients and a major boost to pharma giant Eli Lilly
▼ + stars: | 2023-05-03 | by ( Yeji Jesse Lee | ) www.businessinsider.com time to read: +6 min

The pharma giant Eli Lilly said donanemab slowed cognitive decline in people with Alzheimer's. The news comes months after the FDA approved an Alzheimer's drug called Leqembi. On Wednesday, the pharma giant Eli Lilly said its experimental drug donanemab had successfully slowed cognitive and functional decline in patients with early-stage Alzheimer's, offering some hope to people with a condition that lacks good treatment options. In the trial, patients received donanemab until scans showed their brains were clear of those proteins, called beta-amyloid. Leqembi slowed the rate of cognitive decline in Alzheimer's patients by 27% over 18 months in a late-stage study.

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