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Leaders recommend preparing for an IPO well in advance and tailoring the process to a company's needs. Reddit recently made its successful debut on the public market, pricing its shares at the top of the expected valuation range. Business Insider's virtual event "The Road to IPO," in collaboration with Fidelity, brought together a panel to discuss the key preparations, concerns, and decision-making strategies for business leaders looking to go public. "It gave us a chance to really think to practice being a public company without actually being one." Before and after going public, Rose said, the company has valued transparency with its employees.
Persons: , Jesse Rose, Reddit's, Goldman Sachs, Watkins, Akin Oyedele, Elizabeth Reed, Rose, Reddit, Kristen Craft, Rick Kline, Latham, Spiegelberg Organizations: Fidelity, Service, Business, Reddit, Brunswick Group, Latham, Fidelity Private, Watkins, Bay Area
Elon Musk is worth more than Salesforce or Pepsi after a $100 billion wealth gain since April. Go to newsletter preferences Thanks for signing up! The Tesla CEO's net worth crashed from $229 billion at the start of January to $164 billion by late April, per the Bloomberg Billionaires Index. However, shares of the EV maker have surged by over 80% from their April low, driving a more than $100 billion increase in Musk's wealth to $270 billion at Wednesday's close. That includes an almost $50 billion rise since August 7, when Musk's fortune stood at an estimated $223 billion.
Persons: Elon Musk, , Elon Organizations: Pepsi, Service, Tesla, Bloomberg, Business
The Fed effectively cut rates to zero during the pandemic plunge, and the S & P had an extraordinary bull market. How to play it Consider PDD Holdings . PDD Holdings Inc. is a multinational commerce group that owns and operates several online platforms. PDD YTD mountain PDD Holdings, YTD The share price is nearly 44% below the all-time highs of early 2021. If you're looking for a single stock to get involved with to hitch your wagon to PBOC's train, consider PDD Holdings.
Persons: you've, I've, PDD Organizations: Fed, People's Bank of China, Holdings, PDD Holdings Inc, Pinduoduo, PDD Holdings, CNBC, NBC UNIVERSAL Locations: U.S, United States, China
Landrum asked the elementary schoolers a series of questions, using photographs and visual prompts, to understand how the children feel about the political system. Republican-leaning and red-state kids liked Trump but were neutral or even positive about Harris. That imbalance grew when interviews were repeated in September and the kids were asked about Trump and Harris. 02:12 - Source: CNNEven a majority of kids who support Trump agreed Harris would be a “sort of” good president. Misinformation can come from anywhere, as one kid showed when he described the presidential debate between Trump and Harris.
Persons: Donald Trump, CNN’s “ Anderson Cooper, , Asheley, Shanto Iyengar, Landrum, Joe Biden, Kamala Harris, Harris, Biden, Trump, , , Hitler, Iyengar, ” Trump, ” Iyengar, George Washington, Thomas Jefferson, , Taylor Swift, Olivia Rodrigo, we’re, Taylor, Swift, ” Harris Organizations: CNN, Trump, Arizona State University, Stanford University, Democratic, White, Democrat, Republican, Biden, Republicans, Kids, Baptist, YouTube Locations: Arizona, New Jersey, Texas, New York
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin tests $65,000 after positive U.S. economic data: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Andy Baehr of CoinDesk Indices discusses the catalysts behind bitcoin's recent rally and the rate of adoption of digital assets among institutions.
Persons: explainers, Andy Baehr Organizations: CNBC Crypto, CNBC
Yet, India's central bank appeared to dismiss the negativity earlier this month and reiterated its bullish view of India's growth rate, still expecting the economy to grow by 7.2%. However, when prompted on whether India's growth rate could compete with what China has already achieved for over two decades, the governor was less buoyant. But if you are looking at 10-plus growth, before I venture into that, I have to really do my homework much more," Governor Das said. This week, China's central bank, President Xi Jinping and other top leaders announced plans to boost the country's economy and attract investment. If India intends to grow as fast as China did, it may have to get a move on.
Persons: Goldman Sachs, CNBC's Tanvir Gill, Shaktikanta Das, Das, Narendra Modi, he's, , Xi Jinping, David Tepper, he'd, Kaanhari Singh Organizations: Bank of America, Deutsche Bank, Reserve Bank of India, CNBC, Bank, Appaloosa Management, Barclays Locations: Wall, India, China
The study found that self-reported suicide attempts among these young people did not seem to increase while these bills were under debate in their state. But once the bills became law, the researchers saw a statistically significant increase in suicide attempts among young trans and nonbinary people who lived in those states. “Enacted anti-transgender laws may really be a source of increased minority stress that leads to increased suicide risk or other mental health issues,” Nath said. When legislation is affirming of a member of the community, research shows, suicide attempts decrease. “So it’s not surprising that these laws we now see are demonstrated to have an association with risk of suicide attempts.”
Persons: they’ve, , , Dr, Ronita Nath, ” Nath, Sanjay Gupta, Alex Keuroghlian, Keuroghlian, it’s Organizations: Lifeline, CNN — People, CNN, CNN Health, Harvard Medical School, Education, Fenway Institute Locations: United States, Washington
How this Gen Z group uses games to understand politics
  + stars: | 2024-09-26 | by ( Fj Feng | ) edition.cnn.com   time to read: 1 min
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The logo of Swedish clothing retailer H&M hangs over one of its stores on March 28, 2018 in Berlin, Germany. Shares of H&M tumbled as much as 8% on Thursday after the world's second-largest listed fashion retailer posted a miss on operating profit and abandoned its earnings margin target. The Swedish clothing retailer reported that operating profit for the group's fiscal third quarter came in at 3.51 billion Swedish crowns ($345.8 million), which compared to 4.74 billion Swedish crowns a year ago. H&M dropped its earnings margin target for 2024 after warning of more challenging conditions earlier in the year. At present we estimate that this year's operating margin will be lower than 10 percent," H&M's Ervér said in a written statement.
Persons: LSEG, Daniel Ervér, Helena Helmersson, Ervér, Inditex, M's Ervér, M Organizations: Reuters, UBS Locations: Berlin, Germany, Swedish, Zara, London, Stockholm
Oil prices were little changed on Thursday after falling in the previous session as signs of higher fuel demand and falling stockpiles in the U.S., the world's biggest oil user, offset concerns over demand elsewhere, particularly in China. Oil prices were little changed on Thursday after falling in the previous session as signs of higher fuel demand and falling stockpiles in the U.S., the world's biggest oil user, offset concerns over demand elsewhere, particularly in China. Oil prices slumped over 2% on Wednesday as worries over supply disruptions in Libya eased and demand concerns continued despite China's latest stimulus plans. Oil prices initially rose following the stimulus announcement from the world's biggest oil importer. "Any revival in Libyan production would return to a market that is already beset by concerns of weak demand in the U.S. and China," ANZ Research said.
Organizations: Brent, U.S, West Texas, ANZ Research, Energy Information Administration Locations: U.S, China, Libya, United States
“The revelation of Jimmy Dillon’s past use of the n-word is unsettling. Sen. Jimmy Dillon, D-Philadelphia. James Robinson / Pennsylvania Senate Democratic Caucus“And African Americans aren’t the only ones subject to his offensive slurs and remarks. Dillon has made disparaging comments about the LGBT and Asian communities.”In a response to the SRCC’s allegations, Dillon denied writing the offensive tweets. It’s not happening,” the spokesperson wrote.
Persons: Sen, Jimmy Dillon, Dillon, , Jimmy Dillon’s, Cody Harbaugh, James Robinson, , “ I’m, MAGA, ” Dillon, John Sabatina, Joe Picozzi, ” Harbaugh, Jay Costa, “ They’re, they’re, Brittany Crampsie, Dillon’s, Organizations: PHILADELPHIA, Pennsylvania Democratic, Pennsylvania Senate Republican, Twitter, Pennsylvania, Democratic Caucus, Republican, Senate Democrat, Senate Democratic, Committee Locations: Pennsylvania, Philadelphia, , Northeast Philadelphia
Higgins' post amplified the debunked pet claim, which was followed by dozens of bomb threats in the city. "All these thugs better get their mind right and their ass out of our country before January 20th," the post concluded. That would be the day Trump and Vance would be sworn into office if they win November's election. Higgins' fellow Republican congressman from Louisiana, Majority Leader Steve Scalise, said, "The tweet has been deleted already and removed, but I object to the motion." Horsford told reporters afterwards that he'd spoken to Higgins earlier and that the Louisiana congressman had told him he would not remove the post.
Persons: Clay Higgins, Higgins, , Donald Trump, Sen, JD Vance, Lol, Trump, Vance, Subodh Chandra, Mike Johnson, , Higgins “, Hakeem Jeffries, Steve Horsford, Horsford, Steve Scalise, ” Horsford, , Kamala Harris, I’m, ” Vance, who's, Jack Smith, Hunt, Lauren Boebert Organizations: Associated, Republican, Haitian Bridge Alliance, Democratic, United States House, , Department of Homeland Security, Capitol, Twitter Locations: Haiti, Caribbean, U.S, Haitian, Springfield , Ohio, Louisiana, Springfield, North Carolina, London, American
Helene was forecast Wednesday evening to become a dangerous Category 4 hurricane before it makes landfall in Florida's Big Bend area Thursday night. This is the biggest storm in the history of the city of Tallahassee to hit us head-on,” Mayor John Dailey told NBC News on Wednesday evening. “If the city of Tallahassee is hit directly by a Category 3 hurricane, it’ll be the strongest hurricane in recorded history ever to hit our community. Tallahassee State College professor Pamela Andrews helps prepare for possible flooding as Hurricane Helene heads toward the Florida Gulf Coast in Tallahassee on Wednesday. Three major colleges, Florida State University, Florida A&M University and Tallahassee State College, have canceled classes for the rest of the week.
Persons: Helene, John Dailey, , Leslie Powell, “ I’m, , Powell, “ I’ve, ” Dailey, Dailey, Pamela Andrews, Sean Rayford, Leroy Peck, Peck, Daniella Silva, Major Thornton III, “ You’ve, ” Major Thornton III, Ahmiyah Phillips, Hurricane Michael, Latoya Williams, can’t, I’ve Organizations: , NBC News, National Hurricane Center, Tallahassee State, Florida Gulf, NBC, ., . Tallahassee International, Florida State University, Florida, M University, Tallahassee State College Locations: TALLAHASSEE, Fla, , Florida’s, Tallahassee, Florida's Big Bend, Florida, Quincy, Gadsden County, Mexico, United States, . Tallahassee
Bernie Moreno, Republican Senate candidate for Ohio, at the RNC in Milwaukee, Wis., on July 16. “Honestly I think Bernie is heading in the right direction but handed Sherrod an opening with that.”Democrats have been hammering Republicans across the country on the abortion issue. Some Republicans warned that the party’s failure to counter abortion attacks cost them crucial seats that year. In 2022, exit polling found Democrats had an 11-point advantage on the issue of abortion. And in this new NBC poll, Harris’ advantage was just under 20 points.
Persons: Chuck Todd, Kamala Harris, Roe, Bridget Bowman, Adam Edelman, Henry J, Gomez, Bernie Moreno’s, Bernie Moreno, Eva Marie Uzcategui, Sherrod Brown, “ Bernie oof, , Moreno, Bernie, Sherrod, Democratic Sen, Jacky Rosen of, Joe Biden’s, Donald Trump, Harris, Gail Gitcho, , Sam Brown, Pennsylvania’s Dave McCormick, Larry Hogan —, Sen, Rick Scott, hasn’t, Trump, Joe Biden, Republican Bill McInturff, Jeff Horwitt, Biden, I’d, Trump’s, it’s, Chuck → That’s Organizations: NBC, White House, Capitol, Gomez Republicans, Ohio, Republican, RNC, Bloomberg, Getty, Democratic, Democrats, Republicans, NBC News, GOP, didn’t, Trump, Hart Research, Biden Locations: Milwaukee, Wis, Ohio, Spanish, Jacky Rosen of Nevada, Florida
WASHINGTON — Vice President Kamala Harris called former President Donald Trump's tariff proposals "a sales tax on the American people," in an interview with MSNBC’s Stephanie Ruhle. "You don't just throw around the idea of just tariffs across the board, and that's part of the problem with Donald Trump," Harris said. The questions came during Harris' first one-on-one interview with a national network since becoming the Democratic nominee. Harris has proposed expanding the child tax credit, creating a tax break for homebuilders and providing a subsidy for first-time homeowners. The interview came shortly after Harris' campaign event in Pittsburgh, where she described her economic priorities.
Persons: WASHINGTON, Kamala Harris, Donald Trump's, MSNBC’s Stephanie Ruhle, Joe Biden, Trump, Harris, Donald Trump, he's Organizations: Democratic Locations: China, Pittsburgh
Transgender influencer Dylan Mulvaney, who documented her transition in her viral "Days of Girlhood" TikTok series, announced her debut book Wednesday. “Paper Doll” will be released March 11. Last year, Mulvaney shot to national attention after a partnership promoting Bud Light's March Madness contest became a culture war flashpoint. “For months now, I’ve been scared to leave my house, I have been ridiculed in public, I’ve been followed, and I have felt a loneliness that I wouldn’t wish on anyone,” Mulvaney said at the time. Mulvaney has since released her debut single, “Days of Girlhood,” along with a music video.
Persons: influencer Dylan Mulvaney, , , ” Mulvaney, Mulvaney, Bud Light's, Rock, Bud Light, I’ve, shouldn’t Organizations: Pride, Transgender Law Center Locations: American,
A study in June found a decrease in prescriptions for birth control pills and emergency contraceptives in states with the most restrictions on abortion. South Carolina has one of the country’s strictest, prohibiting abortions at six weeks of pregnancy. Many women’s health centers, including abortion clinics where women had often gotten their birth control, closed after the Dobbs decision. New Morning attributes its success, in part, to tapping the power of primary care providers who aren’t usually trained in providing birth control. Following the Dobbs decision, women across the country have had to scramble to access birth control or search for longer-term solutions.
Persons: Roe, Wade, Dobbs, , Angie Olawsky, Olawsky, Sarah Kelley, Kelley, Megan Kavanaugh, Beverly Miller, ” Miller Organizations: NBC, OB, Morning, Guttmacher Institute, Inclusive Healthcare Center, Locations: New, Columbia , South Carolina, South Carolina, KFF, Horry County , South Carolina
In the seven most competitive Senate races, Democratic campaigns and outside groups launched 33 TV ads on abortion just in the last week, according to the ad-tracking firm AdImpact. Just one Republican ad, a Spanish-language spot from an outside group targeting Democratic Sen. Jacky Rosen of Nevada, mentioned abortion. Some Republicans warned that the party's failure to counter abortion attacks cost them crucial seats that year. In Arizona, Republican Senate candidate Kari Lake has softened her position on abortion rights. Sadly, by the way, there’s a lot of suburban women, a lot of suburban women that are like, ‘Listen, abortion is it.
Persons: Bernie Moreno’s, Sherrod Brown, “ Bernie oof, , Moreno, , Bernie, Sherrod, Sherrod Brown’s, Nikki Haley, Kamala Harris, Democratic Sen, Jacky Rosen of, Sarah Guggenheimer, Tommy Garcia, Joe Biden's, Harris, Gail Gitcho, Sam Brown, Pennsylvania's Dave McCormick, Larry Hogan —, Florida Sen, Rick Scott, Mike Berg, Lauren Zelt, Mitt Romney's, , Sen, Jon Tester, Tim Sheehy, Debbie Mucarsel Powell, Republican Sen, Amy Walter, haven't, Kari Lake, Republican Sam Brown, Brown, Alex Conant, it’s, Conant, Moreno’s, Reagan McCarthy, Ohioans, “ Moreno, ” Brown, Reeves Oyster Organizations: Ohio, GOP, Republican, Democratic, PAC, Democrats, Republicans, NBC News, Trump, didn’t, , NBC, WCMH Locations: Ohio, Spanish, Jacky Rosen of Nevada, Florida, America, Arizona, Florida , Nevada, Montana, Nevada, Columbus
Trump was surrounded by Secret Service agents at his North Carolina event on Wednesday as he greeted supporters in the rope line. Congress just approved funding for both Harris and Trump to receive presidential-level protections, which one security expert said was unprecedented. “They are all now getting presidential-level protection from the U.S. Secret Service, which has never been done before,” said Evy Poumpouras, a former Secret Service agent. In a statement Tuesday, Trump campaign spokesperson Steven Cheung disclosed that Trump had received an intelligence briefing about Iran. An official with the Trump campaign said it had no intention of altering or modifying its campaigning after this briefing.
Persons: Donald Trump, Trump, , Kamala Harris, Harris, Evy Poumpouras, ” Poumpouras, Mark Felix, Kimberly Cheatle, Ryan Routh, Joe Biden’s, Covid, Ronald Rowe, Butler, , Donald, Jim Watson, Steven Cheung, ” Cheung, ” Trump Organizations: Secret Service, Service, NBC, Marine, Naval Observatory, Trump, Secret, Getty, , Authorities, Republicans, Democratic Party, Harris, Tempe , Arizona . Police, Air Force, , National Intelligence Locations: Iran, North Carolina, Carolina, U.S, Butler , Pennsylvania, West Palm Beach , Florida, Tempe , Arizona, AFP, United States
The alleged schemes included promoting an AI tool that enabled customers to create fake reviews, advertising an AI lawyer that couldn't live up to real-world attorneys and failing to deliver on promises made about AI-assisted e-commerce businesses. "Using AI tools to trick, mislead, or defraud people is illegal," FTC Chair Lina M. Khan said in a statement. One of the companies singled out by the FTC, DoNotPay, claimed to offer an AI service billed as the "world's first robot lawyer." The FTC also filed a complaint against an online company that provides AI writing assistance tools. Khan, the FTC Chair, said that by going after companies that use unfair or deceptive AI tools, the FTC "is ensuring that honest businesses and innovators can get a fair shot and consumers are being protected."
Persons: Lina M, Khan, DoNotPay, Ecom Organizations: Federal Trade Commission, FTC, Builders
After her stone-cold expression went viral at the Paris Olympics, sharpshooter Kim Ye-Ji will play the role of an actual assassin in an upcoming Korean series. “Crush” is an action series that will follow characters from all over the Asian continent, Lee JungSub, writer and director of “Crush,” told NBC News. Kim Ye-ji, left, and Oh Ye Jin, at the end of the 10m air pistol women's Final during the Olympics in Paris, on July 28, 2024. Alain Jocard / AFP via Getty Images file“Kim Ye-ji’s casting as a global Korean assassin was a natural choice given her precision and performance at the Olympics — particularly her shooting skills,” he said. For fans, who compared Kim’s shooting skills and icy confidence in Paris to that of James Bond, this was a natural next step.
Persons: Kim Ye, Ji, Kim, Anushka Sen, ” Kim, Lee JungSub, , , Ye Jin, Alain Jocard, toting Sen, James Bond Organizations: Paris Olympics, Asia Lab, NBC News, Getty, Olympics Locations: Asia, Paris, Korea, AFP
HOUSTON — A former Houston police officer was convicted Wednesday of murder in the deaths of a couple during a 2019 drug raid that revealed systemic corruption problems within the police department’s narcotics unit. A jury found Gerald Goines guilty of two counts of murder in the January 2019 deaths of Dennis Tuttle, 59, and his 58-year-old wife Rhogena Nicholas. Goines looked down and did not visibly react as the verdict was read in a Houston courtroom. Goines’ attorneys argued during the trial that the first to fire at another person was Tuttle and not police officers. The probe into the drug raid also uncovered allegations of systemic corruption.
Persons: HOUSTON, Gerald Goines, Dennis Tuttle, Rhogena Nicholas, Goines, , Dennis, Keaton Forcht, Nicole DeBorde, Jeff Wolf, Wolf, Nicholas, Tuttle, George Floyd, Floyd Organizations: Houston, Prosecutors, Texas, Goines Locations: Houston, Texas, Federal
Pop star Chappell Roan revealed in a TikTok video Wednesday that she’s voting for Vice President Kamala Harris in November, though she stopped short of endorsing the Democratic presidential candidate. The singer-songwriter’s announcement followed an intense and dayslong online backlash from her liberal fanbase. Others called her a “closet Republican.”In response to the backlash, Roan released a TikTok video Tuesday saying she was not voting for former President Donald Trump, though that message did little to quell the fan fury. Visibly frustrated with her critics, Roan on Wednesday tried to clear the air for good on where she stands on the 2024 election. “Team PopFlop is sincerely apologising for the post regarding Chappell Roan’s issues with endorsement,” the account, which has over 36,000 followers, said.
Persons: Chappell Roan, Kamala Harris, Roan, , Donald Trump, “ I’m, you’re, ” Roan, Kamala, , Harris, Roan’s, Brian Hughes, Trump, , I’ll, PopFlop, Chappell Organizations: Democratic, Guardian, Republican, Governors Ball Music, White, , NBC Locations: Gaza, Israel, Pennsylvania , Wisconsin, Georgia, New York City
The videos from Saudi Arabia’s futuristic urban development project spread quickly across the internet, and almost as quickly started to disappear. A handful of smaller accounts within this small community of Neom-based content creators remain active, with their videos still viewable. NEOM/Cover-Images.com via Reuters fileThe spokesperson said the latest marketing campaign was about Saudi National Day and was shared to LinkedIn last week. On Thursday last week, at least four other Neom-based content creators suddenly went dark, though one account seemed to reactivate later that day. In many ways, according to researchers, Neom is tied to Saudi Arabia’s efforts to reshape its reputation on the global stage.
Persons: Prince Mohammed bin Salman, expats, Neom —, Neom, influencers, Jessica Herman, ” Herman, Ellen Wald, , , ” Wald, TikTok, Hend Aly, Prince Mohammed, ” Aly, Wald, Aly, , Jamal Khashoggi Organizations: Saudi, LinkedIn, , NBC News, Inc, University College London, BBC, Washington Post Locations: Saudi, Neom, Saudi Arabia, United States, Europe
The Summary Roughly one-third of former professional football players surveyed believe they have CTE, a study found. But the new research indicates that many former NFL players have experienced symptoms associated with CTE, including depression and cognitive difficulties. Roughly one-third of former professional football players surveyed believe they have chronic traumatic encephalopathy, according to a recent study. Evidence of it has been found in the brains of many former football players after death. “Most of the studies that have been done on CTE are much smaller studies on deceased players,” said Rachel Grashow, the lead author of the new study and director of epidemiological research initiatives at Harvard University’s Football Players Health Study.
Persons: CTE, , Rachel Grashow, Grashow, ” Grashow, Thor Stein, , Stein, ” Stein, Tua Tagovailoa Organizations: NFL, Harvard University’s Football, Football, National Football League Players Association, American Football League, National Football League, Boston, Miami Dolphins, Buffalo Bills, Indianapolis Colts
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