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☆ TD Bank hit with record $3 billion fine over drug cartel money laundering, source says
▼ + stars: | 2024-10-10 | by ( Jordan Valinsky | Matt Egan | ) edition.cnn.com time to read: +3 min

New York CNN —TD Bank will pay $3 billion to settle charges that it failed to properly monitor money laundering by drug cartels, regulators announced Thursday. TD also intends to pay $1.8 billion to the US Justice Department and plead guilty to resolve the US government’s investigation that the bank violated of the Bank Secrecy Act and allowed money laundering. The US Department of Justice said in a statement that TD Bank had “long-term, pervasive, and systemic deficiencies” in its procedures of monitoring transactions. TD Bank declined to comment on the fine, but the bank plans to hold a call with investors later on Thursday. TD Bank’s (TD) US-listed shares slumped 5% as investors brace for higher legal expenses and weaker growth.

Persons: FinCEN, TD Bank’s, ” John Aiken, “, Allen Stanford Organizations: New, New York CNN —, Bank, US Treasury Department’s, US Justice Department, US Department of Justice, Street Journal, TD Bank, Jefferies, ”, Justice, Treasury, CNN Locations: New York

☆ Alums of $16 billion Tiger Cub Lone Pine have struggled to hack it on their own — with one notable exception
▼ + stars: | 2024-10-10 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +7 min

In the past five years, four other alums have either shuttered or stopped trading hedge fund strategies. It's the latest spinoff from long-running Tiger Cub Lone Pine Capital to shutter. Lone Pine, the $16 billion firm led by co-chief investment officers Kelly Granat and David Craver, was founded in 1997 by billionaire Steve Mandel. Inside the Lone Pine family treeGaonkar's experience is far from the norm for Lone Pine alums though. Firms like Lone Pine, Tiger Global, Coatue, Viking Global, Maverick, Light Street, and others have lasted for decades and minted billionaires along the way.

Persons: Scott Coulter's, Mala Gaonkar, —, Coulter, Cowbird, Pine, Kelly Granat, David Craver, Steve Mandel, Mandel, Julian Robertson's, Lone, Coatue, redemptions, Gaonkar, David Byrne, SurgoCap, Abobe, David Stemerman's, Scott Phillips, Matt Iorio's, Li Ran's, Brian Eizenstat's, Paul Eisenstein's, Nikhil Trikha, Arthur Wit, that's, Andreas Halvorsen's, Dan Sundheim's, Ben Jacobs, Ning Jin, Marco Tablada, Robertson, Tom Purcell Organizations: Service, Business, Lone Pine, Julian Robertson's Tiger Management, Cubs, Roberston's Tiger Management, Tiger, CNBC, Nvidia, GE, Figma, Pine, Latimer, Elm, Sky Capital, CenterBook Partners, Ampersand Capital Group, Global, Fund Research, Tiger Cub, Tiger Management, Viking Global, Viking Locations: Lone, Lone Pine, Granat, Texas, Li Ran's London, California, Viking

☆ Ultra-gory 'Terrifier 3' is using puking viewers as a marketing tool. The same hype helped 'Terrifier 2' make $15 million on a $250,000 budget.
▼ + stars: | 2024-10-10 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +5 min

Audience members walked out of a recent "Terrifier 3" screening, and one person vomited. A violent scene in "Terrifier 2" helped create buzz around the movie, helping it make $15 million. AdvertisementAudience members were so disgusted by the ultra-gory horror movie "Terrifier 3" that they walked out of a screening last week — which is great news for its marketing team. The hype likely helped the independent movie rake in $15 million against a budget of $250,000, despite having no backing from a major Hollywood studio. It remains to be seen if "Terrifier 3" will be another cult hit — and what horrors will befall the victims of "Terrifier 4," which was greenlit in September.

Persons: —, Damien Leone's, Lauren LaVera, Sienna, GORE, utts, ike, ince, reddy Organizations: Service, Signature Locations: France

☆ Yankees ride strong performance from Gerrit Cole over Royals, advance to ALCS: Takeaways
▼ + stars: | 2024-10-10 | by ( Rustin Dodd | Tyler Kepner | ) www.nytimes.com time to read: +6 min

The Yankees will host Games 1 and 2 of this ALCS and, if needed, Games 6 and 7. Yankees veterans show upWhen the Yankees needed them most, their veterans finally showed up en masse. Then the baseball fell to earth, dropping harmlessly into the glove of Yankees right fielder Juan Soto, just in front of the fence. According to the official scorer at Kauffman Stadium, the wind was blowing from right field to left field at 6 mph at first pitch. Not at Kauffman Stadium, where the power alleys are 387 feet from home plate and straight-away right field is more than 370 feet away.

Persons: Rustin Dodd, Tyler Kepner, Chris Kirschner, Brendan Kuty, Derek Jeter, Alex Rodriguez, Gleyber Torres, Juan Soto’s, Jon Berti, Torres, Alex Verdugo, Aaron Judge, Austin Wells, Giancarlo Stanton —, —, Gerrit Cole, Cole, Kyle Isbel, Juan Soto, MJ Melendez, Royals ’, Matt Quatraro, Lucas Erceg, Michael Wacha, Quatraro, Erceg, Soto, Giancarlo Stanton, Anthony Volpe, Yuli Gurriel, Jazz Chisholm, Chisholm, “, ”, Chisholm, Michael Massey, Maikel Garcia, Garcia, Volpe, Bobby Witt Jr, Vinnie Pasquantino, Mary DeCicco Organizations: Brendan Kuty KANSAS CITY, American League, New York Yankees, Yankees, Kansas City Royals, Kauffman, Tigers, Royals, Yankee, — Sportsnet, Kansas City Locations: Brendan Kuty KANSAS, Cleveland, Detroit, Texas, Houston, Austin, Kansas

☆ NFL Week 6 preview: Five things to watch out for
▼ + stars: | 2024-10-10 | by ( Andy Scholes | Ben Morse | ) edition.cnn.com time to read: +20 min

Brad Penner/USA Today Sports/Reuters Damar Hamlin of the Buffalo Bills celebrates an interception during the second quarter against the Jacksonville Jaguars in Orchard Park, New York, on Monday, September 23. Bryan M. Bennett/Getty Images Minnesota Vikings quarterback Sam Darnold throws the ball to tight end Johnny Mundt in Minneapolis on Sunday, September 22. Caroline Brehman/EPA-EFE/Shutterstock Dallas Cowboys quarterback Dak Prescott celebrates after a touchdown during the Cowboys' 33-17 victory over the Cleveland Browns in Cleveland on September 8. Ken Blaze/USA Today Sports/Reuters Washington Commanders running back Brian Robinson Jr. breaks a tackle from Tampa Bay Buccaneers linebacker K.J. David Banks/USA Today Sports/Reuters Rhamondre Stevenson of the New England Patriots runs the ball against Cincinnati Bengals defenders in Cincinnati on September 8.

Persons: Camryn Bynum, Steve Luciano, Keon Coleman, Eric Gay, Trevor Lawrence, David Rosenblum, Daniel Whelan, Gregory Bull, Trey Sermon, Nathan Ray Seebeck, Ka'imi Fairbairn, Deommodore Lenoir, Ezra Shaw, Riley Moss, Cooper Neill, Aaron Rodgers, Rodgers, Zac Goodwin, Jayden Daniels, Christian Petersen, Tremon Smith, Greg Zuerlein, Seth Wenig, Ja'Tavion Sanders, Germaine Pratt, Grant Halverson, Eric Murray, George Kittle, Jed Jacobsohn, Darius Slayton, Eric Kendricks, Brad Penner, Reuters Damar Hamlin, Bryan M, Bennett, Sam Darnold, Johnny Mundt, Stephen Maturen, Calvin Austin III, Brandon Sloter, John Amis, Aaron Jones, Stacy Bengs, Dak Prescotts, Allen Lazard, Alex Austin, Darnell Mooney, Matt Slocum, Patrick Mahomes, Dax Hill, Jay Biggerstaff, Deebo Samuel Sr, Ivan Pace Jr, Abbie Parr, Alvin Kamara, Kamara, Tim Heitman, Tua Tagovailoa, Tagovailoa, Jasen, Caroline Brehman, Shutterstock, Dak Prescott, Prescott, Ken Blaze, Brian Robinson Jr, K.J, Britt, Jaylen Waddle, Hill, Stephanie V, Daniels, Al Diaz, Justin Fields, Danny Karnik, Okonkwo, Tyrique Stevenson, David Banks, Reuters Rhamondre Stevenson, Jason Mowry, Andrew Van Ginkel, Vincent Carchietta, Rebecca Blackwell, Khalil Shakir, Justin Jones, Jordan Love, Brooke Sutton, São Paulo, South America Kirby Lee, Taylor Swift, Travis Kelce, Reed Hoffmann, Isaiah, Ed Zurga, Patrick Mahomes scrambles, Charlie Riedel, It’s, Tom Brady, Kyle Shanahan, ” Shanahan, “, it’s, Baltimore’s, Dan Quinn, Nick Wass, Joe Burrow, Lamar Jackson, Jackson, John Harbaugh, They’ve, Cam Newton, Brian Hoyer, Mac Jones, Bailey Zappe, Jacoby Brissett, Drake Maye, Caleb Williams, Bo Nix, Al Bello, Jerod Mayo, ” Mayo, Dallas, Jared Goff, isn’t, we’ll, ” Goff, Joe Sargent, Micah Parsons, Dan Campbell, Parsons, ” Campbell, he’s, Robert Saleh, Woody Johnson, Saleh, ” Johnson, Jeff Ulbrich, that’s, Aaron Rogers Organizations: CNN, Jets, Vikings, Cowboys, Steelers, Bears, Jaguars, Tottenham Hotspur, Minnesota Vikings, New York Jets, AP Buffalo Bills, Bills, Houston Texans, AP Jacksonville Jaguars, Indianapolis Colts, Green Bay Packers, Los Angeles Rams, Packers, AP Indianapolis Colts, Jacksonville Jaguars, USA, Sports, Reuters Houston Texans, Buffalo Bills, AP San Francisco 49ers, Deommodore, Arizona Cardinals, Cardinals, 49ers, Getty Images Denver Broncos, Broncos, Las Vegas Raiders, AP Carolina Panthers, Cincinnati Bengals, Bengals, Panthers, Getty Images Houston Texans, Jacksonville, Texans, New England Patriots, AP New York Giants, Dallas Cowboys, Giants, Reuters, Getty Images Minnesota Vikings, Getty Images Pittsburgh Steelers, Los Angeles Chargers, Tennessee Titans, AP Minnesota Vikings, AP Dallas Cowboys, Baltimore Ravens, The Jets, Reuters Atlanta Falcons, Philadelphia Eagles, AP Kansas City Chiefs, Chiefs, Super Bowl, Reuters San Francisco 49ers, AP New Orleans Saints, Reuters Miami Dolphins, Reuters New York Jets, San Francisco 49ers, AP Los Angeles Chargers, Shutterstock Dallas Cowboys, Cleveland Browns, NFL, Reuters Washington, Tampa Bay Buccaneers, Buccaneers, Dade Police, Miami Herald, Tribune, Service, Atlanta Falcons, Falcons, AP Tennessee Titans, Chicago Bears, Titans, Patriots, New York Giants, São Paulo, The Eagles, Getty, Neo, Kansas City Chiefs, AP Baltimore Ravens, Arrowhead, Sunday, Eagles, Rams, Seahawks, San, Niners, NFC West, Seattle, Ravens, T Bank, NFC East, Baltimore’s, Cincinnati, Maye, Brissett, Lions, Dallas, The Cowboys, T, Detroit, Football Locations: London, Houston, Jacksonville , Florida, Inglewood , California, Santa Clara , California, Denver, Glendale , Arizona, East Rutherford , New Jersey, Charlotte , North Carolina, Orchard Park , New York, Minneapolis, Pittsburgh, Nashville, Arlington , Texas, Philadelphia, Kansas City , Missouri, Miami Gardens , Florida, Cleveland, Tampa , Florida, Miami, Atlanta, Chicago, Cincinnati, São, South America, San Francisco, “, Detroit, New York

CNN —Hurricane Milton slammed into Florida’s Gulf Coast on Wednesday night, making landfall as a powerful Category 3 storm. The intense hurricane spawned tornadoes, dumped rain across much of the state, left millions without power and claimed at least 12 lives, including five people in St. Lucie County. Milton is the third hurricane to hit Florida this year — which has only happened during five other hurricane seasons since 1871. Many areas in Florida are also recovering from the aftermath of a Milton-spurred torrent “supercharged” tornadoes, according to National Hurricane Center Director Michael Brennan. Milton was the fifth hurricane to make landfall in the United States this year, joining Category 1 Beryl, Category 1 Debby, Category 2 Francine and Category 4 Helene.

Persons: Hurricane Milton, Lucie County, Helene, Deanne Criswell, Michael Brennan, “ We’ve, Lucie Mayor Shannon Martin, CNN’s Jim Acosta, “, I’ve, Hurricane Irma, Milton, Beryl, Debby, Francine Organizations: CNN, Hurricane, NASA, Climate, FEMA, National Hurricane Center, National Weather Services Locations: Coast, St, Lucie, Siesta, Milton, Florida, Gulf, Mexico, St . Petersburg, Hillsborough, Lucie County, Port St, Tampa Bay , Melbourne, Miami, Hurricane, Hardee, Highlands, Tampa, Petersburg, Sarasota, United States

☆ Trump is veering off the battleground map to blue states: From the Politics Desk
▼ + stars: | 2024-10-09 | by ( The Politics Desk | ) www.nbcnews.com time to read: +10 min

In today’s edition, politics reporters Matt Dixon and Allan Smith explore why Donald Trump is set to campaign in heavily Democratic states in the final stretch of the 2024 race. Trump plans rallies in solidly Democratic states in the race’s final weeksBy Matt Dixon and Allan SmithGet ready for Donald Trump’s blue state extravaganza. With less than four weeks until Election Day, the Republican presidential nominee is scheduled to hold rallies in staunchly Democratic states he has virtually no chance of winning. President Joe Biden won those states by an average of 20 points in 2020, with his 13-point Colorado win the closest. “Choosing high-impact settings makes it so the media can’t look away and refuse to cover the issues and the solutions President Trump is offering,” a senior Trump campaign adviser said of the strategy.

Persons: Matt Dixon, Allan Smith, Donald Trump, Chuck Todd, Trump, Allan Smith Get, Donald Trump’s, It’s, Joe Biden, George W, Bush, ”, —, Kamala Harris, Matthew Bartlett, Read, There’s, Chuck → 🗞️, ove, Rea, Deb Organizations: NBC, White House, Capitol, Democratic, Republican, Trump, GOP, New York —, White, sce, ics Locations: Colorado , California , Illinois, New York, Colorado, Madison Square, New York City, California, Arizona , Georgia, Michigan, Nevada , North Carolina , Pennsylvania, Wisconsin, Washington, Poli

The creators alleged that Smith, 43, intentionally inflicted emotional distress while she held a position of “care and control” over them in the production of content for Rockelle’s YouTube channel. The complaint identified him as the director and editor of Rockelle’s YouTube channel. Many have publicly called on the industry to put regulations in place to help protect child content creators. Gavin Newsom — joined by singer Demi Lovato, a former child star — signed two bills to protect the earnings of child influencers and content creators. A handful of other states, including Illinois, which was the first, have also introduced legislation in hopes of protecting child content creators.

Persons: Tiffany Smith, Piper Rockelle’s, Smith, Matt Sarelson, didn’t, Rockelle, Smith countersued, Hunter Hill, Hill, ” Smith, ”, influencers, —, Gavin Newsom —, Demi Lovato, Angela Sharbino Organizations: YouTube, Los Angeles Times, Dhillon, ., Piper, Labor Locations: California, Illinois

☆ Despite last-minute cleanup efforts, debris piles remain a threat during Hurricane Milton
▼ + stars: | 2024-10-09 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Matt-Lavietes-Byline-Jm.Jpg | Matt Lavietes | ) www.nbcnews.com time to read: +4 min

TAMPA, Florida — Towers of trash still littered the Florida landscape Wednesday as Hurricane Milton barreled towards the Gulf Coast and garbage haulers suspended efforts to remove debris that could be dangerous in high winds left over from Hurricane Helene. Garbage haulers suspended efforts to remove debris that could be dangerous in high winds left over from Hurricane Helene. "A lot of our contractors have gone to prep for Hurricane Milton. “Just to get that household debris out of the way so Milton doesn’t pick it up and use it as a weapon," Castor said. Joseph Malinowski was riding out Milton the same way he rode out Helene — on his sailboat tied to a pier in Tampa Bay.

Persons: Milton, Hurricane Helene, ”, I’m, Heather McClellan, Helene, Garbage, Matt Lavietes, Ron DeSantis, DeSantis, Sandra Tapfumaneyi, Kimberly Byer, Byer, Hurricane Milton, Jane Castor, Castor, Milton doesn’t, Giancarlos Struse, ” Struse, Struse, Joseph Malinowski, Helene —, Dan, ” Malinowski, “, Corky Siemaszko Organizations: Gulf, NBC News Florida Gov, Emergency Management, NBC, Hurricane, Hillsborough County …, Tampa, NBC News Locations: TAMPA, Florida, Hurricane, Milton, Tampa Bay, Tampa, Manatee, Sarasota, Pinellas, Hillsborough County, “, New York City

With less than four weeks until Election Day, Trump is scheduled to hold rallies in staunchly Democratic states he has virtually no chance of winning. President Joe Biden won those states by an average of 20 points in 2020, with his 13-point Colorado win the closest margin. “Choosing high-impact settings makes it so the media can’t look away and refuse to cover the issues and the solutions President Trump is offering,” said a senior Trump campaign adviser of the strategy behind late-election cycle events in Democratic states. He called Trump the “most unorthodox candidate in modern history,” which means the off-script strategy could have some value. “Aurora, Colorado has become a 'war zone' due to the influx of violent Venezuelan prison gang members,” Trump’s campaign said in a statement announcing the event.

Persons: Donald Trump’s, Trump, It’s, Joe Biden, George W, Bush, ”, Harris, Biden’s, Kamala Harris, Matthew Bartlett, ” Bartlett, Republican Young Kim, Republican Ken Calvert, Mike D’Esposito, Trump’s, Ed McMullen, Bartlett, Steven Hernandez, “, ” Hernandez, Sen, Bernie Sanders, Mike Coffman, Ohio Sen, JD Vance, it’s, Tricia McLaughlin, Vivek Ramaswamy's Organizations: Democratic, Republican, Trump, House, Los, Nassau County’s, Coachella, Bloomberg, Economic, of Chicago, Madison, GOP, New Locations: Colorado , California , Illinois, New York, Colorado, Madison Square, Georgia, Pennsylvania, Nevada , North Carolina , Wisconsin, Michigan, California, Los Angeles, Coachella, Switzerland, Aurora, “ Aurora , Colorado, Chicago, Democratic, Manhattan, Yorker, New Jersey

☆ NFL Week 5 takeaways: Are the Ravens Super Bowl favorites? Time to bench Deshaun Watson? Trouble in New York?
▼ + stars: | 2024-10-09 | by ( Ben Morse | ) edition.cnn.com time to read: +20 min

Minnesota Vikings safety Camryn Bynum celebrates after a play during a game against the New York Jets in London on Sunday, October 6. The Broncos beat the Las Vegas Raiders 34-18. Cooper Neill/Getty Images New York Jets quarterback Aaron Rodgers walks off the field after his team's loss to the Minnesota Vikings in London on October 6. Christian Petersen/Getty Images Denver Broncos cornerback Tremon Smith celebrates as a field goal attempt by New York Jets kicker Greg Zuerlein misses in the fourth quarter in East Rutherford, New Jersey, on September 29. Bryan M. Bennett/Getty Images Minnesota Vikings quarterback Sam Darnold throws the ball to tight end Johnny Mundt in Minneapolis on Sunday, September 22. The arrival of Aaron Rodgers to the New York Jets in 2023 was meant to be a game-changer for the hapless franchise.

Persons: Camryn Bynum, Steve Luciano, Keon Coleman, Eric Gay, Trevor Lawrence, David Rosenblum, Daniel Whelan, Gregory Bull, Trey Sermon, Nathan Ray Seebeck, Ka'imi Fairbairn, Deommodore Lenoir, Ezra Shaw, Riley Moss, Cooper Neill, Aaron Rodgers, Rodgers, Zac Goodwin, Jayden Daniels, Christian Petersen, Tremon Smith, Greg Zuerlein, Seth Wenig, Ja'Tavion Sanders, Germaine Pratt, Grant Halverson, Eric Murray, George Kittle, Jed Jacobsohn, Darius Slayton, Eric Kendricks, Brad Penner, Reuters Damar Hamlin, Bryan M, Bennett, Sam Darnold, Johnny Mundt, Stephen Maturen, Calvin Austin III, Brandon Sloter, John Amis, Aaron Jones, Stacy Bengs, Dak Prescotts, Allen Lazard, Alex Austin, Darnell Mooney, Matt Slocum, Patrick Mahomes, Dax Hill, Jay Biggerstaff, Deebo Samuel Sr, Ivan Pace Jr, Abbie Parr, Alvin Kamara, Kamara, Tim Heitman, Tua Tagovailoa, Tagovailoa, Jasen, Caroline Brehman, Shutterstock, Dak Prescott, Prescott, Ken Blaze, Brian Robinson Jr, K.J, Britt, Jaylen Waddle, Hill, Stephanie V, Daniels, Al Diaz, Justin Fields, Danny Karnik, Okonkwo, Tyrique Stevenson, David Banks, Reuters Rhamondre Stevenson, Jason Mowry, Andrew Van Ginkel, Vincent Carchietta, Rebecca Blackwell, Khalil Shakir, Justin Jones, Jordan Love, Brooke Sutton, São Paulo, South America Kirby Lee, Taylor Swift, Travis Kelce, Reed Hoffmann, Isaiah, Ed Zurga, Patrick Mahomes scrambles, Charlie Riedel, Justin Tucker, Lamar Jackson –, –, Jackson, Sam Hubbard, Jackson’s elusiveness, Derrick Henry, Henry, Dylan Buell, John Harbaugh, “, ” Harbaugh, ’ We’re, Deshaun Watson, Bowler, Watson, Timothy Nwachukwu, Kevin Stefanski, ” Stefanski, Jameis Winston, ” Watson, Robert Saleh, Nathaniel Hackett, Saleh, Jeff Ulbrich, ”, Woody Johnson, Kirby Lee Organizations: CNN, NFL, Kansas City Chiefs, New, New Orleans Saints, Minnesota Vikings, New York Jets, Jacksonville Jaguars, Indianapolis Colts, National Football League . Minnesota Vikings, Vikings, AP Buffalo Bills, Bills, Houston Texans, AP Jacksonville Jaguars, Jaguars, Green Bay Packers, Los Angeles Rams, Packers, AP Indianapolis Colts, USA, Sports, Reuters Houston Texans, Buffalo Bills, AP San Francisco 49ers, Deommodore, Arizona Cardinals, Cardinals, 49ers, Getty Images Denver Broncos, Broncos, Las Vegas Raiders, AP Carolina Panthers, Cincinnati Bengals, Bengals, Panthers, Getty Images Houston Texans, Jacksonville, Texans, New England Patriots, AP New York Giants, Dallas Cowboys, Giants, Cowboys, Reuters, Getty Images Minnesota Vikings, Getty Images Pittsburgh Steelers, Steelers, Los Angeles Chargers, Tennessee Titans, AP Minnesota Vikings, AP Dallas Cowboys, Baltimore Ravens, The Jets, Reuters Atlanta Falcons, Philadelphia Eagles, AP Kansas City Chiefs, Chiefs, Super Bowl, Reuters San Francisco 49ers, AP New Orleans Saints, Reuters Miami Dolphins, Reuters New York Jets, San Francisco 49ers, AP Los Angeles Chargers, Shutterstock Dallas Cowboys, Cleveland Browns, Reuters Washington, Tampa Bay Buccaneers, Buccaneers, Dade Police, Miami Herald, Tribune, Service, Atlanta Falcons, Falcons, AP Tennessee Titans, Chicago Bears, Titans, Bears, Patriots, New York Giants, São Paulo, The Eagles, Getty, Neo, AP Baltimore Ravens, Arrowhead, Ravens, Baltimore, Cincinnati, ”, Browns, Jets, Tottenham Hotspur, Minnesota, New York’s, Denver Broncos, Sunday New York Jets, Carolina Panthers, Miami Dolphins, Washington, Seattle Seahawks, Pittsburgh Steelers Locations: New Orleans, London, Houston, Jacksonville , Florida, Inglewood , California, Santa Clara , California, Denver, Glendale , Arizona, East Rutherford , New Jersey, Charlotte , North Carolina, Orchard Park , New York, Minneapolis, Pittsburgh, Nashville, Arlington , Texas, Philadelphia, Kansas City , Missouri, Miami Gardens , Florida, Cleveland, Tampa , Florida, Miami, Atlanta, Chicago, Cincinnati, São, South America, Ohio, Baltimore, New York

☆ Red Hat CEO discusses importance of small, specialized AI models
▼ + stars: | 2024-10-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRed Hat CEO discusses importance of small, specialized AI modelsMatt Hicks, CEO of software company Red Hat, discusses opportunities in artificial intelligence for businesses.

Persons: Matt Hicks Organizations: Hat

☆ One of Amazon's top AI executives is out
▼ + stars: | 2024-10-09 | by ( Eugene Kim | ) www.businessinsider.com time to read: +2 min

Matt Wood, the vice president of AI at Amazon Web Services, is leaving after 15 years. Wood's departure comes amid fierce AI competition from Microsoft, Google, and OpenAI. AdvertisementMatt Wood, the vice president of artificial intelligence at Amazon Web Services, is leaving. He worked on AWS's machine-learning and AI technology, laying some of the groundwork for the company's latest growth initiatives. Related storiesIt's also the latest exit amid AWS's notable executive turnover in recent years.

Persons: Matt Wood, —, Wood, he's, didn't, It's, Adam Selipsky, Matt Garman, Richard Puccio, Rachel Thornton, Chris Vonderhaar Organizations: Amazon Web, Microsoft, Google, AWS, Service Locations: Amazon

The Rio Tinto Ltd. booth on the opening day of the Investing in African Mining Indaba in Cape Town, South Africa, on Monday, Feb. 6, 2023. The world's second-largest miner Rio Tinto said Wednesday it will acquire U.S. lithium producer Arcadium for $6.7 billion. Rio Tinto said the deal would be an all-cash transaction for $5.85 per share, representing a premium of 90% to Arcadium's Oct. 4 closing price of $3.08 per share. If the deal goes through, Rio Tinto will become one of the largest suppliers of lithium, trailing only after Albemarle and SQM. Rio Tinto CEO Jakob Stausholm said the purchase is a "significant step forward in Rio Tinto's long-term strategy, creating a world-class lithium business alongside our leading aluminium and copper operations to supply materials needed for the energy transition."

Persons: Rio, Arcadium, Rio Tinto, Jakob Stausholm Organizations: Rio Tinto Ltd, Rio Tinto, Rio Locations: Cape Town , South Africa, Rio, Rio Tinto's London, Albemarle, SQM, Rio Tinto's

☆ Georgia group that pushes election misinformation gains influence
▼ + stars: | 2024-10-09 | by ( Curt Devine | Donie O'Sullivan | ) edition.cnn.com time to read: +14 min

As an example, he cited his inability to review ballots from the 2020 election. If the system is secure, they would have produced the paper ballots,” Favorito said. Favorito has also made connections with election officials around Georgia, some in Republican-leaning districts. Still, after Donald Trump lost the presidency, VoterGA began peddling claims that “significant evidence of fraud” existed in Georgia’s 2020 election. Favorito and VoterGA have made connections with others in the national movement that has cast doubt on the 2020 election.

Persons: Garland Favorito, VoterGA, they’ve, Favorito, Michael Flynn, ” Gabriel Sterling, ” Favorito, John F, Favorito’s, US Sen, David Perdue, Garland, Matt Hamilton, Holden, ”, ” Holden, “, David Hancock, ” Megan Bellamy, “ We’re, Joseph Kirk, Travis Doss Jr, Doss, Bill Clinton, Clinton, Israel, President Kennedy, Robert, Israel’s, CNN “, ” Garland, Donald Trump, Patrick Byrne, Overstock.com, Doug Logan, Cleta Mitchell, Flynn, Sterling, ” Sterling, Trump, ” CNN’s Sean Clark Organizations: CNN, Peach State, Republican, Trump, “, CIA, Georgia Capitol, US, Chattanooga Times Free Press, Facebook, Georgia, The Atlanta, ”, America, JFK Jr, Southern Poverty Law Center, Nazi, Favorito, Georgia Bureau of Investigation, FBI, The America, American Locations: Georgia, Peach, ”, Ringgold , Georgia, Paulding County, Atlanta, Gwinnett, “ Georgia, Bartow County, Washington, Georgia’s, Fulton County, Maricopa County

☆ How to send satellite texts on newer iPhones if your cell service is knocked out during Hurricane Milton
▼ + stars: | 2024-10-09 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Hurricane Milton may disrupt power and cell service in Florida. iPhone 14 and later models with iOS 18 offer satellite messaging when cell service is unavailable. Here's how to make sure your iPhone is set up to send satellite messages if Hurricane Milton topples the connectivity in your area. You can also send satellite messages via SMS to mobile numbers that aren't iPhones, but you have to message them first before their messages reach you, according to Apple's website. Still, satellite messaging can allow families to connect and let each other know they're safe during Hurricane Milton.

Persons: Hurricane Helene, —, Milton, Matt Van Swol, Hurricane Milton Organizations: Service, iOS, Apple Locations: Florida, Hurricane, Asheville NC, Asheville , North Carolina

☆ Gold lacks momentum as investors brace for Fed minutes
▼ + stars: | 2024-10-09 | by ( ) www.cnbc.com time to read: +2 min

Gold prices slipped on Thursday as investors booked profits after a sustained rally and pressure from institutional investors looking to raise cash, while focus shifted to U.S. economic data for clues on the Federal Reserve's rate path. Gold prices were subdued on Wednesday as investors strapped in for minutes from the Federal Reserve's latest policy meeting for insights into the U.S. central bank's interest rate trajectory. "Gold prices seem to be seeing a much-needed retracement lower. Boston Fed President Susan Collins said on Tuesday that weakening inflation trends make it likely the U.S. central bank can implement further interest rate cuts. Zero-yield bullion tends to thrive in a low interest rate environment.

Persons: I'm, Matt Simpson, Simpson, Susan Collins Organizations: Federal, Index, Traders, U.S . Consumer, Boston, Gold Locations: U.S, North America

☆ Inside Substack's emerging IRL event strategy as the platform expands beyond its newsletter roots
▼ + stars: | 2024-10-09 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +9 min

We spoke with Sophia Efthimiatou and Matt Starr, Substack's duo paving the platform's IRL strategy. hosted "Hate Read Live," where several contributors behind Cai's "Hate Reads" newsletter read excerpts at a bar in New York. September: Casey Lewis hosted "Debate Club," the first iteration of Substack's "Stacked Debate" series, in a gymnasium featuring several Substack writers. hosted "Debate Club," the first iteration of Substack's "Stacked Debate" series, in a gymnasium featuring several Substack writers. Substack's events are a playground for promoting these tools.

Persons: Substack, Sophia Efthimiatou, Matt Starr, —, I'm, Casey Lewis —, Lewis, John Paul Brammer, Kareem Rahma, Nolita Dirtbag, Randa Sakallah, Casey Lewis, Anna Maria Lopez, Hunter Harris, Rayne Fisher, Efthimiatou, Starr, Emma Trim, Delia Cai, Cai's, Tavi Gevinson, Mary Gaitskill, Quann, Emilia Petrarca, Jessica DeFino, Fisher, Emily Sundberg, Substack's, Hamish McKenzie, McKenzie, podcaster Dwarkesh Patel Organizations: IRL, Service, Press, Substack, Business, The New York Times, Hotel Chelsea, New York, Democratic, Convention Locations: New York, New York City, Substack, New, Montauk , New York, San Francisco, inboxes

With one of the most powerful hurricanes in a century barreling toward Florida on Tuesday, the Twin City mobile home park was already a scene of devastation because of Hurricane Helene. Twin City Mobile Home Park in Saint Petersburg, Fla., on Oct. 8, 2024. Jesse Hancock and Ria Blaight tried to salvage what they could Tuesday from their flooded home in Twin City mobile home park. Matt Lavietes / NBC NewsBut Pinellas Park, just north of St. Petersburg, is also in a mandatory evacuation area. I don’t care what kind of home.”Twin City Mobile Home Park in Saint Petersburg, Fla., on Tuesday.

Persons: Hurricane Helene, Milton, Matt Lavietes, Mark Prompakdee, Helene, “, ‘, ” Prompakdee, Jesse Hancock, Ria Blaight, Hancock, Blaight, ” Hancock, ” Blaight, “ It’s, ” Walter Smutz, Smutz, I’m, ” Smutz, Ninda Menegias, Ninda, Menegias, ”, Corky Siemaszko Organizations: — Homes, Twin, Twin City Mobile Home, NBC, ” Twin City Mobile Home, Management, NBC News, Lakeshore Management Locations: PETERSBURG, Fla, Florida, Twin City, Hurricane, Saint Petersburg, Pinellas Park, Park, St . Petersburg, ” Twin City, Skokie , Illinois, St . Petersburg , Florida, New York City

In her new memoir, Melania Trump says she backs abortion rights but leaves some gray area as to whether she supports restrictions. "There are several legitimate reasons for a woman to choose to have an abortion. For instance, if her life is at risk, rape, a congenital birth defect, plus severe medical conditions," Melania Trump wrote. The presidential campaign of her husband, former President Donald Trump, directed questions to Melania Trump aide Madison Porter, who did not return a request seeking comment. In interviews about her book, Melania Trump said that her husband was aware of her position early in their relationship.

Persons: Melania Trump, “, ”, Donald Trump, Madison Porter, Trump’s, Roe, Wade, Trump, ” Trump Organizations: Republican, Fox, U.S, Supreme, Republican National, NBC News, Fox News, “ Locations: Florida

☆ TikTok sued by 14 states over alleged harms to children’s mental health
▼ + stars: | 2024-10-08 | by ( Clare Duffy | ) edition.cnn.com time to read: +6 min

New York CNN —A bipartisan group of 14 attorneys general from across the country filed lawsuits on Tuesday against TikTok, alleging that the platform has “addicted” young people and harmed their mental health. And last month, 42 state attorneys general called on US Surgeon General Vivek Murthy to require labels on social media apps warning of their potential harm to young users. It also alleges that TikTok “challenges,” viral trends where users try to replicate videos created by others, can encourage dangerous behavior among young users. TikTok previously cooperated with New York authorities to remove subway surfing content, the New York Times reported in January. The lawsuit seeks financial penalties against TikTok, including a requirement that the platform repay any profits it received from ads directed to New York teens or pre-teens.

Persons: TikTok, Letitia James, Rob Bonta, Vivek Murthy, ”, Alex Haurek, “ We’re, ” TikTok, “, James, “ TikTok, James ’, ” James ’, CNN’s Matt Egan Organizations: New, New York CNN, New York, US Justice Department, Harvard, New York Times, US, ”, TikTok Locations: New York, California, United States, New, Brooklyn

☆ Influencers are swiping a new black card at restaurants, spas, and fitness studios
▼ + stars: | 2024-10-08 | by ( Amanda Perelli | ) www.businessinsider.com time to read: +5 min

After creating sponsored content, influencers can spend the payment in person at the business. AdvertisementThere's a hot new card influencers are swiping at restaurants and retailers to redeem products and services. Advertisement"We are being extremely diligent on only letting in the top creators in cities we are operating in," Van Kuyk said. Influencers who use the platform include Roz Model (15 million Instagram followers), Montana Tucker (3.2 million Instagram followers), Kat Graham (9.7 million Instagram followers), and Matt Staffanina (3.7 million Instagram followers). Brands care about a creator's audience, brand safety, and if the creator fits the right aesthetic, Van Kuyk said.

Persons: influencers, —, Flowrbombr, OTH, Van Kuyk, Ketan Rahangdale, Brands, Influencers, Roz Model, Montana Tucker, Kat Graham, Matt Staffanina, we've, It's Organizations: OTH Network, Service, OTH, Brands, Visa, Mastercard Locations: Miami, Los Angeles, Beverly Hills, LA, Chicago, Las Vegas, New York

☆ The growth of game makers
▼ + stars: | 2024-10-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe growth of game makersLight and Wonder CEO Matt Wilson speaks on the trends and challenges in the gaming industry.

Persons: Matt Wilson

☆ Deloitte feels the wrath of Trump world over leaked JD Vance messages
▼ + stars: | 2024-10-08 | by ( Matt Egan | ) edition.cnn.com time to read: +7 min

CNN —Trump allies are calling for the federal government to punish Deloitte after an employee at the consulting firm apparently shared his private messages with JD Vance. The Post did not reveal who corresponded with Vance, now Trump’s running mate, and leaked those communications. “Maybe it’s time for the GOP to end Deloitte’s taxpayer funded gravy train?” Trump Jr. wrote on X, noting that Deloitte receives billions of dollars in government contracts. Trump Jr. told CNN he was speaking his mind as a private citizen. Neither Trump nor Vance have publicly threatened Deloitte, and it’s worth noting that Trump Jr. has indicated he does not plan to serve in the federal government.

Persons: CNN —, JD Vance, Donald Trump, Trump, Vance, Donald Trump Jr, ” Trump, Jason Miller, Trump Jr, “, ”, Kamala Harris, ” “, GOP Sen, Eric Schmitt, he’s, ” Jeffrey Sonnenfeld, John Deere, Davidson, ” “ Donald Trump, ” Richard Painter, George W, Bush, ” Painter, Painter, MAGA, Jonathan Gandal, Yale’s, ” Norman Eisen, it’s, ” Eisen Organizations: CNN, CNN — Trump, Deloitte, Washington Post, GOP, Trump, Department of Defense, Internal Revenue Service, Department of Homeland Security, Trump Jr, White, Yale, Leadership, Department, Google, Apple, Harley, US Postal Service, Motors, University of Minnesota, ”, ” Trump Jr, Post, Wall Street, ” “ Deloitte, “ Deloitte, Brookings Institution, DOJ

☆ Florida gas stations are already running out of fuel. Hurricane Milton could cause even more trouble
▼ + stars: | 2024-10-08 | by ( Chris Isidore | Matt Egan | ) edition.cnn.com time to read: +4 min

New York CNN —Gas stations in many areas of Florida are running out of gasoline, as residents prepare for Hurricane Milton. Gas price tracking service GasBuddy reported that as of Tuesday morning, 14.5% of gas stations statewide were without fuel, a dramatic spike from just 3% on Monday. DeSantis said 27 fuel trucks were escorted by the Florida Highway Patrol to deliver fuel to stations in the anticipated impact area of the storm. “We have been dispatching fuel over the past 24 hours as gas stations have run out,” he said at a press conference early Tuesday. And the real fear is that the hurricane and storm surge could cause significant damage to the port.

Persons: Fort, “, ”, Patrick De Haan, Ron DeSantis, DeSantis, Milton, Julio Cortez, Tom Kloza, Andy Lipow Organizations: New, New York CNN — Gas, Hurricane Milton, GasBuddy, Florida, Patrol, AAA, Lipow Oil Associates, Coast Guard Locations: New York, Florida, Milton’s, Fort Myers, Gulf Coast, Port of Tampa, Orlando, Tampa Bay, Port, Tampa

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