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☆ How the vodka soda became 'gay water'
▼ + stars: | 2024-06-22 | by ( Alex Harring | ) www.cnbc.com time to read: +11 min

The combination of soda water and vodka has long been a fixture of boozy LGBTQ+ life, particularly among gay men. One of those came from Houston-based lawyer Jeff Watters, who called the vodka soda the "gay water" of the nighttime in a post on X. Retail is also central to the business for Gay Water, a startup offering canned cocktail variations of vodka soda. The former's vodka soda citrus is 100 calories per can, while Gay Water contains 80. The Gay Bar Shop, a specialty retailer, sells an 11-ounce, $49 candle that smells like a vodka soda with a lime garnish.

Persons: Emily Rabbideau, Justin Ruka, Orlando, Ruka, seltzer, Lucas Hilderbrand, Justin, Jeff Watters, Coke, Watters, Hilderbrand, Mary Holt, Holt, Eric Einstein, Einstein, Brendan Oudekerk, bartenders, Rose Kennedy, Tom Campbell, Campbell, James Delos Reyes, that's, Spencer Hoddeson, Hoddeson, Bud Light, Kylie Jenner's, Boston Beer, Victor Tran, Tran Organizations: Love, Alaska Airlines, CNBC, University of California, San Francisco, Gay, New York City, Washington , D.C, New, Boston Beer, Boston, Gay Water Locations: San Francisco, Irvine, Houston, bartenders, Lawrence , Kansas, New York, Washington ,, West Hollywood, influencers, New York City, Gopuff, Virginia

☆ AI could become a lawyer's greatest help in the courtroom
▼ + stars: | 2024-06-20 | by ( Matthew S. Smith | ) www.businessinsider.com time to read: +8 min

Courtesy of Danielle BeneckeA lawyer's copilotFounded in 1949, Baker McKenzie has over 6,500 lawyers working in 70 offices worldwide. The firm's work building generative AI to produce legal draft advice for high-volume employment-law questions recently won an award from Law.com. Courtesy of Jake HellerAI won't replace lawyersThere's another fear likely to push lawyers toward AI: other lawyers. Lawyers might also turn to AI to address a force meant to tame AI: regulation. "I think in three to five years, not using AI for legal work will be tantamount to refusing to use online search for legal work today," Ziniti said.

Persons: Michael Cohen, Donald Trump, Cohen, isn't, Danielle Benecke, Baker McKenzie, Benecke, Cecilia Ziniti, It's, copilot, Ziniti, Cecilia Ziniti Ziniti, CoCounsel, CoCounsel isn't, Jake Heller, Thomson, Heller, they'd, it's Organizations: Google, Law.com, Federal Trade Commission, Microsoft, AI's, IBM, CoCounsel, Thomson Reuters, Times, American Bar Association

☆ Tandem, a Swedish AI healthcare startup, just used this 14-slide deck to raise $9.5 million
▼ + stars: | 2024-06-19 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +1 min

Tandem, an AI healthcare startup, has raised $9.5 million in seed funding. The startup uses AI to help clinicians reduce admin time, aiding efficiency. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTandem, an AI-powered healthcare startup, has raised $9.5 million in seed funding. This story is available exclusively to Business Insider subscribers.

Persons: —, Lukas Saari Organizations: Service, McKinsey, Business Locations: Nordic

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

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

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

☆ Opinion | ‘Music Speaks to Some Deep Need Among Humans’
▼ + stars: | 2024-06-09 | by ( ) www.nytimes.com time to read: +1 min

To the Editor:Re “Delving Into the Archaeology of Music” (Science Times, May 21):Virtually all our achievements as a species depend upon humans working together. One human alone, in a state of nature, is a medium-sized animal struggling for survival (and with no use for music). Music is a vital part of that process. It’s no wonder that music, like language, is universal among us. David GoldbergNew YorkTo the Editor:I was interested to read the latest research into music using big data, as your article reports.

Persons: David Goldberg, David Epstein Organizations: Science Times, York

☆ America's Economic Plan Will Hurt World Economy, Global Stock Markets
▼ + stars: | 2024-06-09 | by ( Linette Lopez | ) www.businessinsider.com time to read: +11 min

The European Central Bank began easing interest rates on Thursday, cutting its benchmark rate by 0.25%. Investors and economists expect the Federal Reserve to follow suit and cut interest rates in September. This combination means there's a good chance that the September cut Wall Street is praying for may never materialize. The US already has somewhat higher interest rates than other countries — the Fed's benchmark rate is 5.25%- 5.50%. And in Asian economies, where interest rates are already significantly lower than in the US, things could get even messier.

Persons: Tamara, Vasiljev, Peter Schaffrik, Nigel Green, Green, we're Organizations: European Central Bank, Investors, Federal Reserve, Oxford Economics, JPMorgan, UBS, Bloomberg, of International Finance, Markets, RBC Capital Markets, deVere, Fed, We're, ECB, Bank of, EU, Bank of Canada, Bank of Canada's, Bank of England Locations: stagflation, China, Europe, Japan, South Korea, It's, America, United States, EU, Bank of England, Canada, East Asia

Mike Kratky, 33, Leerink PartnersLeerink PartnersSector: Medical devices and technologyKratky's young career underwent a major shift in March 2020 — and it wasn't remote work. The Colgate University graduate thinks he's a better analyst for it because he now understands how readers of his research think. "The stock calls won't always go my way," Kratky said. All eight of the outperform-rated medtech stocks Leerink has covered since October have outperformed the S&P 500 and their industry index. The medtech industry is experiencing rapid change, particularly with the advent of GLP-1 drugs that treat obesity and diabetes.

Persons: Mike Kratky, Kratky, Leerink, He's, he's, Kratky's, — James Faris Organizations: Leerink Partners Leerink Partners, Nasdaq, Riley Securities, Colgate University, Tandem Diabetes Care Locations: Leerink

☆ Apple TV+ is making a big brand partnerships hire as it warms up to advertising
▼ + stars: | 2024-06-05 | by ( Lucia Moses | ) www.businessinsider.com time to read: +3 min

Read previewApple has made a big brand-partnerships hire who will work across its Apple TV+ entertainment business, a sign that it's serious about becoming a bigger advertising company. Lewinsky's role at Apple is expected to resemble that of Mahta Eghbali, who led copromotions for Apple TV+ films, TV, and sports and who left the company in 2023. Industry sources who work in branded entertainment said Apple TV+ has been stepping up efforts to use brands to promote its entertainment. Apple TV+ doesn't have an ad tier, but it's made a handful of hires from the TV business that have fueled speculation that it plans to introduce one, despite its long-held stance on customer privacy. Apple TV+ also recently hired a marketing vet, Tony Trujillo, to run marketing partnerships.

Persons: —, Mike Lewinsky, Eghbali, Lewinsky, Monica Lewinsky, Barbie, merch, Ted Lasso, It's, Lauren Anderson, Magno Herran, it's, Ricky Strauss, Chris Van Amburg, JP Richards, Tony Trujillo Organizations: Service, Apple, Endeavor, InBev, DP, Marriott International, Visa, Business, Creative Artists Agency, Entertainment Media Ventures, Nike, Tandem, Amazon MGM, Netflix, Lacoste Locations: 160over90

☆ Spain, Ireland and Norway have recognized Palestinian statehood. Where does Europe stand on the issue?
▼ + stars: | 2024-05-28 | by ( Rob Picheta | ) edition.cnn.com time to read: +7 min

CNN —Spain, Ireland and Norway formally recognized Palestinian statehood on Tuesday, cementing a joint move that further isolates Israel over its war against Hamas in Gaza. The move also highlights just how split Europe is on whether to recognize Palestinian statehood. Spain, Ireland and NorwayThe move by these three countries to recognize Palestinian statehood in tandem sent an impactful message to Israel, and other Western states. Western EuropeIn 2014, Sweden became the first major Western European nation to recognize Palestinian statehood. “The path of symbolic recognition of statehood is not the way forward.”Eastern EuropeOfficially, a number of countries that previously fell under the Soviet sphere of influence in eastern Europe recognize Palestinian statehood.

Persons: Simon Harris, “, Harris, Ireland “, ”, Netanyahu, Israel, ” Harris, Espen Barth Eide, Pedro Sánchez, Israel Katz, ” “, ” Katz, Margot Wallstrom, Olaf Scholz, ” Scholz, Robert Golob, Golob, Palestine ” Organizations: CNN —, Palestinian, Gaza . Irish, United, Ireland, CNN, Palestine, Swedish, UN, Assembly, Reuters, Europe Officially, Soviet Locations: CNN — Spain, Ireland, Norway, Israel, Gaza ., Europe, United Nations, Eastern, Spain, Palestine, Gaza, Norwegian, Madrid, Palestinian, Iran, Sweden, France, Belgium, Poland, Greece, Denmark, United Kingdom, Germany, Italy, Netherlands, States, Hungary, Czech Republic, Slovakia, Romania, Bulgaria, Ramallah, Argentina, Micronesia, Nauru, Palau, Papua New Guinea, United States

☆ Dallas Mavericks one win away from NBA Finals as they go up 3-0 on the Minnesota Timberwolves
▼ + stars: | 2024-05-27 | by ( Ben Morse | ) edition.cnn.com time to read: +3 min

CNN —The Dallas Mavericks defeated the Minnesota Timberwolves in Game 3 of the Western Conference Finals on Sunday, 116-107, to move to 3-0 in the series and knock on the door of their first NBA Finals appearance in 13 years. As a duo, Dončić and Irving scored or assisted 26 of the Mavericks’ 29 fourth quarter points. Dončić called Irving’s late-game performance “unbelievable.”“That’s why some people call him Mr. Fourth Quarter, right?” Dončić told reporters. Irving (right) scored 14 of his 33 points in the fourth quarter against the Timberwolves. I felt like in that fourth quarter, we had a good run going.

Persons: Dallas, Luka Dončić, Irving, ” Irving, it’s, Dončić, ” Dončić, “, It’s, Julio Cortez, we’re, Dončić’s, we’ve, Dereck Lively, Anthony Edwards, couldn’t, Patrick Mahomes, Travis Kelce, Marquise Brown, “ Taylor, ” Organizations: CNN, The Dallas Mavericks, Minnesota Timberwolves, Western, NBA, Minnesota, American Airlines Center, ESPN, Mavericks, Dallas, Irving, Timberwolves, . Kansas City Chiefs Locations: Texas, Minnesota, Dallas, .

☆ China is flexing its missile arsenal in a new simulation for a mass Taiwan attack as the US watches Beijing's Rocket Force closely
▼ + stars: | 2024-05-27 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

Read previewChina's Eastern Theater Command on Friday released a simulation video of its missile forces carrying out a mass attack on Taiwan, boasting its land, sea, and air launch capabilities. "Destroy the pillar of Taiwanese independence! Strike the base camp of Taiwanese independence! Related storiesBeijing's missile forces have developed rapidly in recent years, alarming US officials who are now scrutinizing its arsenals and assets. Taiwan, recognizing the Chinese missile threat, has been stocking up on US-manufactured Patriot missiles.

Persons: —, CapwDFZyds, They're, Lai Ching, Lai, Tsai Ing Organizations: Service, Command, Business, People's Liberation Army, PLA, Taiwan, Pentagon, Liberation Army Rocket Force, Eastern Theater Command, Patriot, Coast Guard, Navy, Democratic Progressive Party Locations: Taiwan, Taipei, Hualien, Kaohsiung, China, Beijing

☆ China wants its nepo-baby and get-rich-quick influencers gone
▼ + stars: | 2024-05-24 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

China's biggest social media platforms launched a synchronized crackdown on parading wealth last week, removing thousands of posts and punishing dozens of influencers for promoting "bad values." Showing luxury services or goods to exaggerate how one can earn "millions in a month," achieve financial independence or start a lucrative business from scratch. Xu claimed that the barred influencers grew their fame by "showing off their wealth" and, in turn, became rich by selling products on livestreams. AdvertisementMore recently, common prosperity has evolved into a crackdown on "excessive wealth," with the central government stepping up regulations on private industry giants and wealthy families. Beijing seems to have toned down its rhetoric of common prosperity as its economy struggled in the post-COVID era.

Persons: —, Xu Qiuying, Xu, Xi Jinping, laud Organizations: Service, Business, Twitter, Weibo, Beijing, Central Cyberspace Affairs Commission, China's Locations: China, Weibo, Xiaohongshu, Beijing

☆ Election Updates: Trump shares, then deletes, a video with headlines about a ‘unified Reich’ if he wins.
▼ + stars: | 2024-05-21 | by ( Chris Cameron | ) www.nytimes.com time to read: +8 min

Mr. Trump’s campaign still lags far behind in total cash on hand, the April filings show. Mr. Trump is leading Mr. Biden in many polls, including recent New York Times/Siena College/Philadelphia Inquirer surveys that had the former president ahead in five of six top battleground states. Mr. Trump also continues to spend millions of dollars on legal bills, the filings show. Still, the filings and campaign statements reflect a busy fund-raising month for Mr. Trump. Save America also received $2.75 million in April from a super PAC backing Mr. Trump, Make America Great Again Inc., and $183,000 from a new joint fund-raising committee Mr. Trump has with the Republican Party.

Persons: Donald J, Trump, Biden, Biden’s, Trump’s, Money, Pete Marovich, Julie Chavez Rodriguez, “ We’re, “, Crooked Joe Biden, ” Mr, Timothy Mellon, Mellon, Robert F, Kennedy Jr, Kennedy’s, Nicole Shanahan, Kennedy, Shanahan Organizations: Republican Party, Mr, Democratic National Committee, Federal, Biden Trump, Republican, Republican National Committee, Biden, New York Times, Siena College, Philadelphia Inquirer, Radio City Music Hall, Democratic, The New York, Republicans, Trump, America, PAC, Make, Inc, Mellon Locations: Palm Beach, Fla, America, Hollywood, Wyoming

☆ A rare feather just sold for $28,000, making it worth 40 times as much as gold by weight
▼ + stars: | 2024-05-21 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

Read previewA single feather of an extinct bird was auctioned off in New Zealand on Monday for about $28,000, making it the most expensive feather ever sold worldwide. The huia feather sold at Webb's Auction House in Auckland was initially estimated to be worth around $1,830, but its sale price ballooned after 59 bids. Gold costs around $77 per gram in New Zealand, and the 9-gram huia feather is worth $3,153 per gram. Related storiesThe feather sold on Monday is framed under protective glass and is classified by the New Zealand government as a Y-registered object. The huia feather sale comes as auctions draw attention largely from sports and celebrity memorabilia sold at once-seemingly outlandish prices.

Persons: —, huia, Diego Maradona Organizations: Service, Zealand Geographic, Business, The Guardian, New, New Zealand Geographic Locations: New Zealand, New, Auckland

☆ Apple's new iPad Pro is thin and fast, but the software needs an update
▼ + stars: | 2024-05-13 | by ( Todd Haselton | ) www.cnbc.com time to read: +8 min

I've been testing the new iPad Pro for several days and what I found is that it's a very nice iPad. The game will look better once Activision Blizzard releases an update enabling improved graphics for the M4 iPad Pro. 2024 13-inch Apple iPad Pro Todd Haselton | CNBCThe new iPads Pro support Apple's updated $350 Magic Keyboard for iPad Pro (the 11-inch version is $300). 2024 13-inch Apple iPad Pro Todd Haselton | CNBCThe updated Apple Pencil Pro is also a lot of fun. What's bad2024 13-inch Apple iPad Pro Todd Haselton | CNBCHere's my biggest gripe about the Pro models: The software, iPadOS, is what you'll get on any other iPad.

Persons: I've, Apple hasn't, Christoph Dernbach, Diablo, it's, Todd Haselton, hasn't, Apple, Slack, you've, Tim Cook Organizations: Apple, Getty, Pro, Activision Blizzard, CNBC, CNBC Here's, Conference, WWDC Locations: It's, 10hz

☆ Airbnbs are primed to take over Miami, which is already facing a housing crunch
▼ + stars: | 2024-05-10 | by ( Dan Latu | ) www.businessinsider.com time to read: +3 min

A Florida real-estate firm forecasts that 31 pre-construction condo buildings in the Miami region are ripe for Airbnbs. So many, in fact, that they outnumber the amount of traditional rentals tagged for development over the same time. "We've had a development industry that is adding more short-term rentals to South Florida inventory," Studnicky told BI. AdvertisementDevelopers in the Miami region should focus on creating more traditional rentals to alleviate pressure in the market, Studnicky believes. In the past 10 years, Studnicky estimates a much more robust 20,000 traditional rental units were built in Miami.

Persons: —, Craig Studnicky, Studnicky, We've Organizations: ISG, Service, Dade, Miami Homes, Miami Locations: Florida, Miami, Dade County, Broward County, South Florida, Broward

☆ Ron Insana: A key market indicator is flashing a warning signal about the economy
▼ + stars: | 2024-05-09 | by ( Ron Insana | ) www.cnbc.com time to read: +3 min

The Dow Industrials represent the productive capacity of the economy, as its original focus was on the goods-producing sector. Over recent decades, the 30-stock Dow Industrials has been expanded to include important tech, telecom and services companies. The Dow Transports, whose constituents move goods and passengers across the country and around the globe, represent final demand. .DJI .DJT YTD line The Dow Industrials vs. Dow Transports in 2024 At the moment, the divergence is relatively mild. The Dow Theory might still have the benefit of experience and wisdom.

Persons: Dow Industrials, that's, it's, Ron Insana Organizations: Dow, Dow Jones Industrial, Dow Jones Transportation, Dow Transports, Transports, Utilities, Dow Theory, Federal Reserve, CNBC Locations: U.S

☆ More than 200 people with diabetes injured after software issue drained insulin pump batteries
▼ + stars: | 2024-05-08 | by ( Jamie Gumbrecht | ) edition.cnn.com time to read: +1 min

CNN —More than 200 people with diabetes were injured when their insulin pumps shut down unexpectedly due to a problem with a connected mobile app, the US Food and Drug Administration said Wednesday. Version 2.7 of the t:connect Apple iOS app – used with the t:slim X2 insulin pump with Control-IQ – has been recalled due to a software issue that causes the app to crash and relaunch. This cycle drains the pump battery, causing it to shut down sooner than expected and suspend insulin delivery. On March 26, Tandem Diabetes Care Inc. sent affected customers a device correction letter requesting that users update the mobile app to version 2.7.1 or later. Customers in the United States can contact the Tandem Diabetes Care Technical Support Team at (877) 801-6901 for more information.

Persons: Dr, Sanjay Gupta Organizations: CNN, US Food and Drug Administration, FDA, Get CNN, CNN Health, Tandem Diabetes Care Inc, Tandem Diabetes Care Locations: United States

☆ Apple announces new iPad Pro with M4, new iPad Air tablets
▼ + stars: | 2024-05-07 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

watch nowApple on Tuesday announced new versions of its iPad Air and iPad Pro tablets, in a short video posted on its website. The iPad Pro, Apple's most expensive and advanced tablet, will come in two sizes, a 11-inch model and a 13-inch model, Apple said. The smaller iPad Pro starts at $999, and the larger 13-inch model starts at $1299 with 256GB of storage, a slight price increase from its predecessor. The new iPad models use a new Apple chip called the M4, an update from the M3 chips that currently power Apple's laptops. The iPad Pro comes with a 12 megapixel rear camera that can record 4K video, according to Apple.

Persons: Tim Cook, Apple, Todd Haselton, John Ternus, Todd Haselton Apple Organizations: Apple, CNBC

☆ Watch out for these momentum losers that could underperform, Evercore ISI says
▼ + stars: | 2024-05-07 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

A collection of so-called momentum misers are already seeing their 2024 earnings estimates revised downward and the stocks have few reasons that could drive them higher, according to Julian Emanuel, Evercore ISI managing director and head of equity, derivatives and quantitative strategy. Lowe's first-quarter results are due out on May 21, but 2024 earnings estimates have fallen 4.7% year to date, according to Evercore. LOW YTD mountain Lowe's stock. MicroStrategy also made the Evercore list. Still, its 2024 earnings estimates have been revised down by more than 116% since the year began.

Persons: Julian Emanuel, Emanuel, Russell, Lowe's, Morgan Stanley, Simeon Gutman, Gutman, MicroStrategy Organizations: ISI, Coterra Energy, Citigroup

☆ Caitlin Clark plays in WNBA preseason debut after being drafted No. 1 by Indiana Fever
▼ + stars: | 2024-05-03 | by ( Homero De La Fuente | Ben Morse | ) edition.cnn.com time to read: +7 min

1 overall pick in the 2024 WNBA draft by the Indiana Fever, scored a game-high 21 points in the team’s preseason game Friday against the Dallas Wings. I think it’s a good kickoff to the WNBA season. I think the way we play, you know there’s some things we could’ve executed a little better. Ogunbowale finished with 19 points, including nine points in the fourth quarter, to lift the Wings to the preseason victory. Michael Conroy/APBoston – who averaged 14.5 points and 8.4 rebounds last season – said she hopes to improve on a promising debut WNBA campaign.

Persons: Caitlin Clark, Clark, Clark dazzles, wasn’t, ” Clark, Arike Ogunbowale, Ogunbowale, Jaelyn Brown, could’ve, TickPick, Caleb Williams, Clark merchanise, Michael Conroy, “ It’s, “, you’ve, –, Boston Organizations: CNN, WNBA, Indiana Fever, Dallas Wings, NCAA, Iowa Hawkeyes, College Park Center, NCAA Division I’s, Wings, Dallas, ”, Iowa, Indiana, Chicago Bears, Hawkeye, Fever, Boston, Eastern Conference, Boston –, Atlanta, Connecticut Sun, Mohegan Sun Locations: Arlington , Texas, Boston, Indianapolis, Indiana

☆ How to Watch China’s Launch to the Far Side of the Moon
▼ + stars: | 2024-05-03 | by ( Katrina Miller | More About Katrina Miller | ) www.nytimes.com time to read: +2 min

Why the far side of the moon? But the far side of the moon — it is not actually the dark side of the moon — is distinct from the near side. With a lunar far side sample, scientists can begin to probe why the two sides of the moon are so different. Because the same side of the moon always faces Earth, it is impossible to directly establish communications with the lunar far side. Chang’e-7, expected to launch in 2026, will search for water at the lunar south pole.

Persons: maria Organizations: Soviet, China National Space Administration Locations: United States, Soviet Union, China, Chang’e

☆ Move over, Barbenheimer: Critics say Ryan Gosling and Emily Blunt's 'The Fall Guy' could be the next great summer blockbuster
▼ + stars: | 2024-05-03 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +5 min

Critics highlight the strong chemistry between stars Ryan Gosling and Emily Blunt. But what he's elevated here with "The Fall Guy" is telling the story within a movie-in-a-movie structure. "The Fall Guy" features everything from Phil Collins' "Against All Odds (Take A Look At Me Now)" to Taylor Swift's "All Too Well." AdvertisementEmily Blunt and Ryan Gosling are a perfect tandem, giving the movie a rom-com vibeRyan Gosling and Emily Blunt in "The Fall Guy." "The Fall Guy" definitely has that vibe with its lighthearted tone and thrills.

Persons: Ryan Gosling, Emily Blunt, Guy, —, Lee Majors, Colt Seavers, Aaron Taylor, Johnson, David Leitch, Here's, Leitch, Drew Pearce, Chris O'Hara, Eric Laciste, Phil Collins, Taylor, Katie, Gosling, Blunt, Lovia Gyarkye, David Fear, Jonathan Sela, Peter Debruge Organizations: Rotten, Service, Universal Pictures, Universal, Hollywood, Variety Locations: Hollywood

☆ Home prices aren't falling in the biggest metro areas for the first time in 2 years, Redfin says
▼ + stars: | 2024-05-03 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +1 min

Housing prices in the top 50 US cities have climbed higher or been flat for the first time since 2022. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementHome prices have stopped falling in America's biggest metropolitan areas for the first time in two years, according to Redfin. Home prices rose or stayed flat in 50 of the most populated US metro areas in April, the real estate listings site said in a report this week. This story is available exclusively to Business Insider subscribers.

Persons: Redfin, — Organizations: Service, Business Locations: America's

☆ Donald Trump just got another $1.8 billion worth of Trump Media stock
▼ + stars: | 2024-04-30 | by ( Matt Egan | ) edition.cnn.com time to read: +2 min

CNN —Former President Donald Trump just landed another $1.8 billion worth of stock in the corporate owner of Truth Social. Trump Media & Technology Group disclosed the windfall for Trump in a filing Tuesday, saying the former president has received another 36 million shares in the company. That bonus, known as “earnout” shares, was triggered by the company’s share price staying above certain levels. Trump now holds an even more dominant stake in Trump Media, amounting to 114.75 million shares, or 64.9% of the total outstanding. Even though Trump Media plunged since late March, it never came close to breaching levels that would have threatened this bonus.

Persons: Donald Trump, “, Trump Organizations: CNN, Truth Social, Trump Media & Technology Group, Trump, Trump Media, SEC

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