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Donald Trump met with some of America's top CEOs Thursday. The former president pledged to slash taxes and red tape in a bid to win over corporate America. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementDonald Trump made his pitch to some of America's top CEOs Thursday, promising to cut taxes and red tape in a bid to win over corporate America.
Persons: Donald Trump, Tim Cook, Jamie Dimon, , Bank of America's Brian Moynihan, Jane Fraser Organizations: Apple, JPMorgan, Service, America, Wall Street titans, Bank of America's, Citigroup, Business Locations: America, Washington ,
What Trump told CEOs in their private meeting
  + stars: | 2024-06-13 | by ( Brian Schwartz | ) www.cnbc.com   time to read: +2 min
Trump also mentioned to the CEOs a recent proposal he rolled out in Nevada, to eliminate taxes on worker tips. Trump then told the CEOs a story about how excited tipped workers were about his proposal, prompting laughter from the corporate leaders, according to multiple sources. Trump spoke for about an hour at the Business Roundtable's quarterly meeting. For Trump and the CEOs who attended, the meeting represented an effort to mend relations after some have distanced themselves from the former president. Trump told a meeting full of House Republicans earlier in the day about the idea of imposing an "all tariff policy" that would ultimately enable the U.S. to get rid of the income tax.
Persons: Donald Trump, Trump, Tim Cook, Jamie Dimon, Jane Fraser, Brian Moynihan, Joe Biden's, Jeff Zients, Cook Organizations: National Republican, Committee, Business, Apple, JPMorgan, Citigroup, Bank of America, CNBC, Representatives, Trump, Capitol Hill, Biden, Republicans Locations: Washington , DC, Washington, Nevada, Charlottesville, Va
Still, back in the US, he recognized the argument that low-paid workers in the service industry have traditionally relied on tips to earn a living wage. Ozeki never ordered food for deliveryBut he said that recent increases in the minimum wage have changed the landscape — at least in certain states. AdvertisementIn California, for example, the minimum wage for fast-food workers rose by law this year from $16 to $20 an hour. "The current minimum wage at a fast food place is higher than my starting salary 15 years ago," Ozeki said. Have you seen your tips dip recently as a service industry worker?
Persons: , Ken, Ted Rossman, Rossman, jridley@businessinsider.com Organizations: Service, Business, Franciscan Locations: Japan, California
Former President Donald Trump will address some of the world's most powerful corporate leaders on Thursday, albeit with some notable absences. So here's what we know: Out of the 17 corporate spokespeople who replied to CNBC, four said their CEOs planned to attend: JPMorgan Chase CEO Jamie Dimon, Citigroup CEO Jane Fraser, Bank of America CEO Brian Moynihan and Edison International CEO Pedro Pizarro. BlackRock CEO Larry Fink and Microsoft CEO Satya Nadella, for instance, will reportedly be at the G7 summit in Italy. Representatives for Woods and Bastian did not reply to questions about why their chief executives won't be attending the meeting. Fox Corp. CEO Lachlan Murdoch, Best Buy CEO Corie Barry and Boeing CEO Dave Calhoun will also not be there, spokespeople told CNBC Thursday.
Persons: Donald Trump, Bank of America Brian Moynihan, Joe Biden's, Jeff Zients, , Jamie Dimon, Jane Fraser ,, Brian Moynihan, Pedro Pizarro, Trump, Steve Schwarzman, Goldman Sachs, David Solomon, Sara Armbruster, Darren Woods, Ed Bastian, Morgan Stanley, Ted Pick, James Gorman, Lynn Good, Solomon, Larry Fink, Satya Nadella, Woods, Bastian, Fink, Nadella, Lachlan Murdoch, Corie Barry, Dave Calhoun, spokespeople Organizations: Bank of America, White, Business, CNBC, JPMorgan Chase, Citigroup, Jane Fraser , Bank of America, Edison International, Trump, Blackstone Group, ExxonMobil, Delta Air, Duke Energy, BlackRock, Microsoft, Fox Corp Locations: Washington , DC, Trump, Italy, Washington
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. My wife, Kristi, and I were inspired to move to France after watching a documentary about British people who'd relocated there. This story is available exclusively to Business Insider subscribers. Kids start school at 3The education system in France is superior. Do you have an interesting story about living away from your native country that you'd like to share with Business Insider?
Persons: , Phil Coley, Kristi, who'd, Alicia, Haydn, pats, I've, they've Organizations: Service, Business, ex, pats Locations: France, Limoges, It's, , French
TikTok has briefly suspended the account of Hey Jane, a prominent telemedicine abortion service, four times without explanation. The groups and women’s health advocates say these examples, all from recent months, show why they are increasingly confused and frustrated by how major technology platforms moderate posts about abortion services. They say the companies’ policies on abortion-related content, including advertisements, have long been opaque. And when the platforms do restrict the accounts, the companies can be difficult to contact to learn why. Susan B. Anthony Pro-Life America, an organization dedicated to abolishing abortion, said big technology companies had routinely limited its and other groups’ pro-life speech, suspending accounts and blocking ads with little explanation.
Persons: TikTok, Hey Jane, Instagram, Bing, Susan B, Anthony Pro Organizations: America
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. My wife, Kristi, and I were inspired to move to France after watching a documentary about British people who'd relocated there. This story is available exclusively to Business Insider subscribers. Kids start school at 3The education system in France is superior. Do you have an interesting story about living away from your native country that you'd like to share with Business Insider?
Persons: , Phil Coley, Kristi, who'd, Alicia, Haydn, pats, I've, they've Organizations: Service, Business, ex, pats Locations: France, Limoges, It's, , French
But World War II veteran Harold Terens and his sweetheart Jeanne Swerlin proved that love is eternal as they tied the knot Saturday inland of the D-Day beaches in Normandy, France. Their respective ages — he’s 100, she’s a youngster of just 96 — made their nuptials an almost double-century celebration. “(The town of) Carentan was happy to host your wedding, and us, your wedding dinner,” he told the couple. Harold Terens and his 96-year-old bride, Jeanne Swerlin Terens, wave to a crowd following their wedding. On D-Day, Terens helped repair planes returning from France so they could rejoin the battle.
Persons: Harold Terens, Jeanne Swerlin, she’s, , Terens, , , Adolf Hitler’s, Loic Venance, Glenn Miller, “ oui ”, Carentan’s, ” Terens, Win McNamee, , Emmanuel Macron, Joe Biden, ” Macron, Carentan, , Mayor Jean, Pierre Lhonneur’s, wasn’t, hadn’t, Jeanne Swerlin Terens, Louise, Jane Ollier, ’ ’ Ollier, Swerlin Organizations: Allied, Marais Town Hall, Getty, Army Air Forces Locations: Normandy, France, AFP, , Ukraine, Gaza, Swerlin, Carentan, Florida, Europe, New York City, Brooklyn, Bronx, Britain, England
I started working two jobs while I was finishing my sociology and business major in college in 2021. My marketing job was flexible, so I could do my college work during my lunch breaks or quiet periods. I kept up my 2 jobs after collegeIt felt natural to continue working two jobs after graduating from college in 2022. I kept up my customer service job, working 65 hours over two weeks. If you work two full-time jobs and would like to share your story, email Ella Hopkins at ehopkins@businessinsider.com.
Persons: , Jane, I'd, I'm, I've, Ella Hopkins Organizations: Service, Business, FIRE Locations: Canada, ehopkins@businessinsider.com
When I did the math with my granddaughter, Jennifer, I was amazed to learn I'd visited 92 countries. This story is available exclusively to Business Insider subscribers. I've stayed in luxury hotels and camped in the booniesMy life has been a global adventure with too many memories to count. I've always joked that I've been everywhere but Antarctica. Do you have an interesting story about travel that you'd like to share with Business Insider?
Persons: , Nancy Strong, Jennifer, I'd, I've, hadn't, Strong, It's, Asa —, Taylor Swift Organizations: Service, Business Locations: London, Dallas, Petra, Jordan, China, Vietnam, Abu Dhabi, Canada, Paris, Australia, Lithuania, India, Normandy, France, Africa, Kenya, Argentina, Tuscany
Maureen Hagar ditched her mobility aids after losing 185 pounds through a healthy diet and regular exercise. "I'm very proud," Hagar told Business Insider. This story is available exclusively to Business Insider subscribers. AdvertisementThe trainer said low-intensity exercise suited Hagar better"One of our goals has been to redevelop her balance and dexterity in her feet," Conway told Business Insider. Do you have an interesting story about weight loss that you'd like to share with Business Insider?
Persons: , Maureen Hagar, Hagar, she'd, Derek Conway, Conway, Derek Organizations: Service, Business, Rocky Locations: California, Conway
World’s 50 Best Restaurants for 2024 revealed
  + stars: | 2024-06-06 | by ( Karla Cripps | ) edition.cnn.com   time to read: +5 min
CNN —Any doubts that Spain remains the fine dining center of the world may just have evaporated with the revealing of the World’s 50 Best Restaurants for 2024 list. As for the event’s host country, the US had two restaurants on this year’s 50 Best list. Three restaurants from Tokyo were awarded, with eatery Sézanne (voted Asia’s best restaurant in 2024) ranking the highest in the Japanese capital, at 15. Restaurants can only win the top prize once, after which they’re entered into a separate “Best of the Best” program. The world’s 50 best restaurants 20241.
Persons: , Barcelona’s, it’s, Oriol Castro, Eduard Xatruch, El, Victor Arguinzoniz, Paris, Bruno Verjus, Diverxo –, Lima’s, Gaggan Anand, York City’s Atomix, SingleThread, they’re, Osteria Francescana, Asador, Don Julio, Quique, São, Tim Raue, Jane, Le, Schloss, Hiša Franko Organizations: CNN, Wynn, Sézanne, Restaurants Academy, of, Trèsind Locations: Spain, Las Vegas, Spanish, Bilbao, Peruvian, Mexico, North America, Mexico City, Vegas, Paris, Bangkok, Thai, York, Healdsburg, California’s Sonoma Valley, Tokyo, Hong Kong, Noma, Copenhagen, London, Modena, Italy, Mirazur, Menton, France, of Lima , Peru, Disfrutar, Barcelona, Madrid, Lima, Peru, New York City, Quintonil, Denmark, Thailand, Buenos Aires, Argentina, Dubai, UAE, Japan, England, Sangro, Steirereck, Vienna, Austria, Suhring, Odette, Singapore, Bogotá, Colombia, São Paulo, Brazil, Santiago, Chile, Berlin, Germany, Belcanto, Lisbon, Portugal, Rosetta, Frantzén, Stockholm, Sweden, Antwerp, Belgium, Rio de Janeiro, Sorn, Piazza, Alba, Le Du, Ikoyi, Seoul, South Korea, , California, Switzerland, Kobarid, Slovenia, Cape Town , South Africa
My landlord lives in a house right up the hill from me, so when I need him, I can call him, and he's right there. I'm glad I'm not doing that anymore, but I'm really glad I had that opportunity. AdvertisementRenting is also a smarter financial decision right now, with how high interest rates are. I don't think I'll rent foreverMy finances now are different than they were when I was 22. Renting really fits the current season of my life, but I don't think this is the choice I'll make forever.
Persons: , Tori Dunlap, I've, I'm, Homeownership, That's, it's, Jane Zhang Organizations: Service, Business, PMI Locations: Seattle, North Seattle, janezhang@businessinsider.com
LONOND — Banknotes featuring a portrait of King Charles III entered circulation on Wednesday for the first time, the Bank of England said in a statement . New bank notes that bear a portrait of King Charles III, and which will enter circulation on June 5, 2024, are displayed for a photograph after having been presented to Britain's King Charles III by Bank of England Governor Andrew Bailey and Bank of England Chief Cashier Sarah John, at Buckingham Palace in London on April 9, 2024. Notes featuring Queen Elizabeth II will remain legal tender and will be in circulation alongside those showing Charles, the Bank of England said. "This means the public will begin to see the new King Charles III notes very gradually." People would, however, be able to exchange notes they already have for the new ones featuring Charles.
Persons: Charles, Queen Elizabeth II, Winston Churchill, Jane Austen, JMW Turner, Alan Turing, King Charles III, Britain's King Charles III, Andrew Bailey, Sarah John, we've Organizations: Bank of England Museum, Bank of England Locations: London, United Kingdom, Buckingham
Henry Jarecki attends The Accompanied Literary Society's Summer Benefit at The Hudson Sky Terrace at The Hudson Hotel in New York City, June 11, 2007. Famed psychiatrist and former commodities trader Henry Jarecki on Wednesday said he had a "consensual, non-secretive and mutually respectful relationship" with a victim of Jeffrey Epstein who is now suing Jarecki for allegedly raping and sex trafficking her. Jarecki, 91, said the consensual relationship with the woman occurred more than a decade ago. Jarecki's statement, sent to CNBC by his lawyer Sarita Kedia, came two days after the Epstein victim, identified as Jane Doe 11, filed a civil lawsuit against the married psychiatrist in Manhattan federal court. The suit seeks unspecified monetary damages for sexual battery, sex trafficking, and intentional infliction of emotional distress.
Persons: Henry Jarecki, Jeffrey Epstein, Jarecki, Epstein, Sarita Kedia, Jane Doe, I, Brad Edwards Organizations: Sky, CNBC Locations: New York City, Manhattan
Jo Merrett looked forward to babysitting her grandchildren once her adult kids started families. Merrett told Business Insider she never invested in a pension and must work to pay off her mortgage. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThis as-told-to essay is based on a conversation with Jo Merrett. This story is available exclusively to Business Insider subscribers.
Persons: Jo Merrett, Merrett, Organizations: Service, Business
Dollar finds footing as traders turn to U.S. services data
  + stars: | 2024-06-05 | by ( ) www.cnbc.com   time to read: +3 min
US Dollar notes and euro coins are arranged for a photograph on Sept. 11, 2017. The dollar steadied on Wednesday as traders pared back on riskier bets in emerging markets while waiting on an interest rate decision in Canada and on U.S. services data. Japanese real wages fell for a 25th straight month in April, data on Wednesday showed, as inflation outpaces nominal pay rises. The Swiss franc rose for a fourth straight session on the dollar overnight and at 0.8902 per dollar is close to breaking through its 200-day moving average. The New Zealand dollar was steady at $0.6173, while the Canadian dollar held the middle of a months-long range at C$1.3678 per dollar.
Persons: Jane Foley, Ryozo Himino, Narendra Modi, Chris Weston Organizations: Swiss, Bloomberg News, Bank of, Rabobank, BOJ, Westpac, New Zealand, African National Congress, Morena Locations: Canada, U.S, Bank of Japan, Asia, Japan, Morena
Henry Jarecki, and Christine Corcoran attend the Annual Freedom Award Benefit Event hosted by International Rescue Committee on November 5, 2014 in New York City. A woman who says she was a sexual abuse victim of Jeffrey Epstein filed a lawsuit Monday against the famed psychiatrist, entrepreneur and commodities trader Henry Jarecki, alleging that Jarecki raped and sex trafficked her after Epstein sent her for psychiatric treatment. Epstein allegedly sent Jarecki other young women for the psychiatrist to "treat" confidentially, in order "to avoid unwanted attention on Epstein's sexual abuse of these young women," the suit alleges. The complaint, which refers to the woman as "Jane Doe 11," says Jarecki "repeatedly raped" her beginning in 2011 until December 2014. "Dr. Jarecki never engaged in any abusive conduct with the complainant or any other person," Kedia said.
Persons: Henry Jarecki, Christine Corcoran, Jeffrey Epstein, Jarecki, Epstein, Jane Doe, Brad Edwards, Edwards, David Boies, Sigrid McCawley, JPMorgan Chase, Sarita Kedia, Kedia Organizations: International, Wall Street, CNBC, JPMorgan Locations: New York City, Manhattan, New York
It's difficult to compare public school systems forensically because of the countries' vastly different populations and government infrastructures. However, feedback from my British friends has convinced me that the setup in the UK is more user-friendly for kids and parents. Kids in the UK start school as young as 4By law, children in the UK enter the publicly-funded British school system as young as 4. Kids wear uniformMost government-run schools in the UK require students to wear a school uniform. The protocols contrast those in the US, where most public school kids can wear what they want to class — albeit within reason.
Persons: Organizations: Service, Business, Navy Locations: PISA, New York, Britain, Lululemon
Perched on a hill with a view of the Atlantic Ocean, the condo in Virginia Beach was just what Dr. Raven Baxter wanted. It had a marble fireplace, a private foyer and details like crown molding and wainscoting in its three bedrooms and three bathrooms. The seller wanted to pull out of the deal. “You could hear the fear and disbelief in his voice,” Dr. Baxter said, recalling what her broker told her next. Bill Loftis, Dr. Baxter’s broker, said, “We have no comment on this as we can’t do anything to jeopardize our clients [sic]transaction.”
Persons: Raven Baxter, ” Dr, Baxter, , , , Jane Walker, Walker, Bill Loftis Locations: Virginia Beach
Our wedding budgetWe have a wedding budget of $20,000, with a guest list of around 120 people. Some of my family members won't be able to travel to Mexico, so we plan to invite them to dinner after our City Hall civil wedding. Some of my family members won't be able to travel to Mexico, so we plan to invite them to dinner after our City Hall civil wedding. We plan to help subsidize five rooms for 10 family members by contributing $1,000 per room, or half the cost. We plan to help subsidize five rooms for 10 family members by contributing $1,000 per room, or half the cost.
Persons: , Xavi, We've, Vazquez, Viviana Vazquez, maxing, Robert Dula, we'd, I'm, San Miguel de Allende, Viviana Vazquez Viviana Vazquez, Jane Zhang Organizations: Service, Baruch College, Business, City Hall, City Locations: New York City, Mexico, Atlanta, New Orleans, Vazquez, Nola, Cancún, New York, San Miguel, janezhang@businessinsider.com
In today's big story, we're looking at the historic guilty verdict against former President Donald Trump . In a historic verdict, former President Donald Trump was convicted of all 34 criminal counts related to a hush-money payment made to a porn star , write Business Insider's Laura Italiano, Jacob Shamsian, and Natalie Musumeci. AdvertisementIt's the first time a US president has become a convicted felon. This was a rigged trial by a conflicted judge that was corrupt," Trump told reporters in the Manhattan courtroom hallway. Trump told reporters Thursday the "real verdict is going to be November 5 by the people."
Persons: , Donald Trump, Tyler Le, Laura Italiano, Jacob Shamsian, Natalie Musumeci, Trump, Stormy Daniels, BI's Lloyd Lee, There's, didn't, Chip Somodevilla, Scott Eisen, Joe Biden, Alyssa Powell, Rob Arnott, Bob Elliott, Paul Singer's, Jane Street, Jenny Chang, Rodriguez, Liz Reid, Satya Nadella, Sam Altman, Nadella, Kevin Dietsch, Charles Schwab, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Republican, Trump, NBC, Getty, Wall, Elliott Management, BI, Tech, Sigma, Google, Microsoft, Apple, Big Locations: Giza, Manhattan, Bridgewater, New York, London
CNN —The Texas Supreme Court said a medical exemption in the state’s abortion ban applies only when a person is at risk of death or serious physical impairment, ruling Friday against women who sued the state with claims that the ban had put their health at risk. “Because the trial court’s order opens the door to permit abortion to address any pregnancy risk, it is not a faithful interpretation of the law,” the state Supreme Court said. The Texas Supreme Court said the challengers did not prove the abortion ban, with its narrow medical emergency exemption, violated the state constitution. “Today, the Supreme Court of Texas unanimously upheld the Human Life Protection Act, one of our state’s pro-life laws,” said Paxton, a Republican. The ruling called on the Texas Medical Board to issue more guidance to clear up confusion around when the exemption applies.
Persons: Ken Paxton, , Paxton, , Nancy Northup, ” Northup, Jane Bland, Amanda Zurawski, Marjorie Dannenfelser, Susan B, Anthony Pro, Marc Hearron, CNN’s Elizabeth Cohen, John Bonifield Organizations: CNN, The, The Texas Supreme, Texas Supreme, Republican, Reproductive Rights, Texas Medical Board, Texas Medical, Center for Reproductive Rights Locations: The Texas, Texas
This story is available exclusively to Business Insider subscribers. But the dread was affecting my mental health and the pregnancy as a whole. Related storiesSo, at around five months pregnant, I was assessed by a perinatal mental health team from the National Health Service (NHS.) Courtesy of Jemma SmithI told the mental health counselor that I saw childbirth as a giant mountain. AdvertisementDo you have a powerful story about a health condition that you'd like to share with Business Insider?
Persons: , Jemma Smith, we'd, I'd, tokophobia, Smith, She'd Organizations: Service, Business, National Health Service
Jane Bernhard Columbia Business SchoolI have always been a very driven and creative person. I graduated with a BFA in Musical Theater and continued my work in theater and television acting through my 20s. It took an immense toll on my personal life, which was completely pushed to the side as new opportunities came up. Conventional consulting doesn’t work for me, but I realized having my own consulting business does — so I started one. And if I find a job elsewhere down the line that aligns with my priorities, I may open that door.
Persons: Jane Bernhard, Organizations: Columbia Business School, LinkedIn, CNN, Jane Bernhard Columbia Business, Theater, Columbia, Twitter, Facebook
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