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Beryl was forecast to bring winds of up to 110 miles per hour to parts of southeast Texas by early Monday. Texans are unusually familiar with power outages: The state had more weather-related power outages from 2000 to 2021 than any other, according to the advocacy organization Climate Central. In 2008, Hurricane Ike left two million customers across eastern Texas without power for three days after the storm. Hurricane Rita, in 2005, also caused widespread power outages lasting as long as seven days in some Texas counties. Texas officials, electricity companies and individuals were all thinking about the grid as Beryl churned through the Gulf of Mexico.
Persons: Nim Kidd, Beryl, Hurricane Ike, Hurricane Harvey, Ike, Harvey, Hurricane Rita, Gov, Dan Patrick, Thomas Muñoz, Muñoz, Robert DeShazo, , Organizations: Texans, Texas Division, Emergency Management, Monday, Climate Central, Public, Commission, Energy, AEP Texas, Facebook, Corpus Christi Locations: Austin, Texas, Louisiana, Houston, U.S, Hurricane, Gulf of Mexico, South, West Texas, Ohio, Victoria, Rio Grande Valley
Tax-free shopping for tourists has been axed, and EU visitors now need a passport to visit, which most don’t have. Matt Cardy/Getty ImagesAs a result of Brexit, in 2021 the UK government abolished tax-free shopping for non-EU citizens. It means the UK is now the only European country not offering tax-free shopping to visitors from outside the continent. “The impact of losing tax-free shopping is clear to see,” says Dee Corsi, chief executive of the NWEC. “Whilst the likes of Italy and France are actively leveraging tax-free shopping as a driver of growth, British businesses continue to trade at a disadvantage.
Persons: CNN —, Rishi Sunak, what’s, JC Milhet, Hans Lucas, Tom Jenkins, , , ” Patricia Yates, Kayla Zeigner, Marcy Zyonse, We’ve, , Yates, ” There’s, Zeigler, Zyonse, , Owen Humphreys, VisitBritain, That’s, she’s, Keir Starmer, VisitBritain's Yates, Phil Noble, ” “, Marcus Lee, hasn’t, Matt Cardy, Dee Corsi, Jenkins, “ It’ll, King Charles, John Sibley, London “, Mia, ” She’ll, Britain Organizations: CNN, UK’s Labour Party, Conservative, Labour, Getty, European Tourism Organisation, VisitBritain, Destination, Tourism, New, London, , UK, , China Travel, Visitors, West End Company Locations: Britain, Italy, Luxembourg, London, AFP, Europe, Caribbean, Greece, Lake, Ireland, It’s, Spain, France, New York,
CNN —The grasslands, glaciers and snow-tipped peaks of the Tibetan Plateau are breathtaking, but the vast expanse in Central Asia is also one of Earth’s harshest environments. Archaeologists long believed the Tibetan Plateau — more than 13,000 feet (about 4,000 meters) above sea level — was one of the last places on the planet to be settled. We are familyBaishiya Karst Cave is seen at the edge of Ganjia Basin on the Tibetan Plateau. Now, Baishiya Karst Cave, on the northeastern edge of the Tibetan Plateau, is helping answer many questions about who the Denisovans were. The analysis is shedding light on how the extinct humans thrived in the ice age environment for more than 100,000 years.
Persons: Bill Nelson, BRIN, Gerard Talavera, nestmates, Ashley Strickland, Katie Hunt Organizations: CNN, Lanzhou University Researchers, China National Space Administration, NASA, Apollo, FBI, BRIN Google, Scientists, Botanical Institute of Barcelona, CNN Space, Science Locations: Central Asia, Ganjia, Siberia, Tibetan, China, what’s, Indonesia, India, Bangladesh, Delta, Guiana, Talavera, Spain, , Massachusetts
CNN —Canada continued its surprising debut run at the Copa América, defeating Venezuela 4-3 in a penalty shootout to make the semifinals of the competition for the first time ever. As the teams stepped up to take their spot-kicks, the shootout ended 3-3 after five attempts each. “This is amazing to be in the semifinals of Copa América. Venezuela forward Salomón Rondón scored a wondergoal to equalize. Despite Canada’s best efforts to earn the winner in regulation – the Copa América features no extra-time with shootouts after 90 minutes until the final – the match ended with dreaded penalties and a deflated Venezuela.
Persons: Wilker Ángel, Maxime Crépeau, Ismaël Koné, ” Crépeau, Canada’s, , ” Jacob Shaffelburg, Jonathan David, Yordan Osorio, Jesse Marsch, Shaffelburg, Tajon Buchanan, Salomón Rondón, Juan Mabromata, Alphonso Davies, David, Richie Laryea, Jon Aramburu, Crépeau, Lionel Messi, La Albiceleste Organizations: CNN — Canada, Copa América, Canucks, Canada’s TSN, Canadians, Getty, Lille, Copa, Argentina Locations: Venezuela, Canada, AFP, New Jersey
Robert F Kennedy Jr. has said he would not "take sides" on 9/11 if elected president. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIndependent presidential candidate Robert F Kennedy Jr. said on Friday that he would not "take sides" when it came to the events of the 9/11 terrorist attacks if he won election to the White House in November. "My take on 9/11: It's hard to tell what is a conspiracy theory and what isn't. But conspiracy theories flourish when the government routinely lies to the public," Kennedy wrote in a post on X.
Persons: Robert F Kennedy, Kennedy, , Robert F Kennedy Jr Organizations: Service, White House, Business
Spain thought they had beaten Germany after Dani Olmo’s 51st-minute finish to a fine team move. Having beaten the hosts in dramatic fashion, some will now consider Spain the favourites to win Euro 2024. Spain had never previously beaten a host nation in a knockout tie at either a World Cup or European Championship. What Germany had to remember was that De la Fuente’s Spain are far more versatile in the way they play. His final game in professional football was mixed.
Persons: Dani Olmo’s, Julian Nagelsmann’s, Florian Wirtz, Manuel Neuer, Mikel Merino, Dermot Corrigan, James McNicholas, Mark Carey, Sebastian Stafford, Bloor, They’d, Merino, tonight’s, Maximilian Mittelstadt, Toni Kroos, Carl Recine, Tom, Marc Cucurella, Kroos, Pedri, Lamine Yamal, , Martin Rickett, Yamal Pedri, Luis de la Fuente, Anthony Taylor’s, Taylor, Antonio Rudiger, Robin Le Normand, Germany’s Emre, Rodri, Jamal Musiala, Le Normand, Dani Carvajal, Carvajal, Rudiger, Robert Andrich, Alvaro Morata, Unai Simon, Ilkay, Fabian Ruiz, Simon, Nico Williams —, Aymeric Laporte, Jonathan Tah, , Olmo, Dani Olmo 🇪🇸 h, Bo, ove, Ger, abi l, hal f, sid, bac, dou, tod, tim e, Rea, bui, hal, ed pre, bea Organizations: European, Croatia, Georgia, Olmo, France, Barcelona, UEFA, Manchester City, la, Germany, Sunday, pla, DFB, cri, usu, Spa Locations: Spain, Germany, Stuttgart, tonight’s Portugal, Berlin, Bloor, Real Madrid, Yamal, It’s, Spain’s, goa, abo, Wil
On defying her agents to star in 'Bound' and finding Corky's look in San Francisco lesbian barsJennifer Tilly and Gina Gershon in "Bound." I was hesitant to take on any role coming off of "Showgirls," just because, honestly, I was pretty burnt out. When the script for "Bound" was sent to us, my agents were pretty clear saying, "Listen, you are not doing this movie. On her 'Showgirls' PTSD and why she's come around on the movieGina Gershon in "Showgirls." I'm really into it."
Persons: Gina Gershon, , It's, Gershon, Louie, who's, she's, Paul Verhoeven's, Corky, Jennifer Tilly's femme, Violet, Jennifer Tilly, Lana, Lilly Wachowski, They've, I've, Susie Bright, Jennifer, Tilly, Susie, couldn't, I'm, Let's, Elizabeth Berkley's, Lili Anolik, Paul, Verhoeven, Chekhov, I'd, That's, you've, she'd, Matthew McConaughey, Joe, Matthew McConaughey's, Tracy Letts, William Friedkin, Billy wasn't, Billy, Matthew, Nicolas Cage, Nicolas, John Woo …, John Woo, Nick Cassavetes, John, Jason Guerrasio, Cate Blanchett, Jamie Lee Curtis, Kevin Hart Organizations: Business, Pride, LD Locations: San Francisco
CNN —As the game “Six Degrees of Kevin Bacon” suggests, actor Kevin Bacon is pretty famous, and has been for a long time. “I went to a special effects makeup artist, had consultations, and asked him to make me a prosthetic disguise,” Bacon told the outlet. He told Vanity Fair that as an actor, he’s never hesitated to play the darker roles, since to him, “this is what an actor is. “If you go to a movie like ‘MaXXXine’ or ‘Beverly Hills Cop: Axel F,’ and I die and you stand up and cheer, I’m like, ‘Great. “Beverly Hills Cop: Axel F” is streaming now on Netflix.
Persons: Kevin Bacon ”, Kevin Bacon, – who’s, Axel F ”, ” –, , ” Bacon, , , he’s, I’m, , Axel F Organizations: CNN, Beverly Hills, Netflix Locations: Beverly, Los Angeles
CNN —Senior members of Jemaah Islamiyah, the Southeast Asian militant network blamed for the deadly Bali bombings, have announced they are disbanding the group, according to a report by a Jakarta-based think tank on Thursday. The report from the Institute for Policy Analysis of Conflict (IPAC) confirmed the authenticity of a June 30 video statement by 16 Jemaah Islamiyah (JI) leaders announcing they were dissolving the extremist network. The Al-Qaeda-linked militant group is accused of orchestrating some of the deadliest attacks in Indonesia, including the 2002 bombing of Bali nightclubs that killed more than 200 people. Indonesia’s National Counter Terrorism Agency (BNPT) declined to comment on the development, but said it planned to hold a press conference soon. Despite the clout of the figures involved, IPAC noted the group has a history of splinters and it was possible one could emerge in the future, although probably not immediately.
Persons: CNN —, Jemaah Islamiyah, Jemaah, , Sidney Jones, Jones, IPAC, ” Adhe Organizations: CNN, Institute for, JI, Counter Terrorism Agency, Radicalism, Deradicalization Locations: Jakarta, Indonesian, Islam, Indonesia, Bali
Termessos, Turkey CNN —Alexander the Great tried to conquer Termessos but failed. He reputedly called the city an “eagle’s nest.”Later, the Romans had more success in controlling the city. Barry Neild/CNNClimbing higher up the hillside on a rocky path sprouting with fragrant wild sage, there’s more evidence of how sophisticated life in Termessos would’ve been. Further up, the upper city walls give commanding views of the forest below and offer a good vantage point over anyone trying to sneak up for an invasion. In Termessos, the location is particularly significant, as it sits opposite a mountain that was once sacred to the city’s inhabitants.
Persons: Turkey CNN — Alexander the Great, Mount Güllük, Barry Neild, would’ve, , Önder Uğuz, he’s, Termessos, We’re, , Alexander the Great, Termessos would’ve Organizations: CNN, Turkey CNN, agora Locations: Termessos, Turkey, Antalya, That’s, Machu Picchu, Mount
The paintings are older than Europe’s famed cave art such as Lascaux in France, and, while younger than some geometric abstract art found in South Africa, it’s the oldest of a narrative scene, the authors of the study said. The cave art discoveries have challenged a longstanding belief that artistic expression — and the cognitive leap that fired up the human imagination — began in Europe. BRIN Google Arts & CultureEvolution of dating techniquesDating cave art is often difficult if the work is made with mineral pigments such as ocher or manganese rather than biological materials such as carbon. The study’s dating of the cave art is robust, but it’s “a leap of faith” to suggest that the figurative art was narrative in scope, said Paul Pettitt, a professor of archaeology at Durham University in the United Kingdom. It’s also unclear why so much cave art has been found in this region of Indonesia, Aubert said, but he and his team expected to find more.
Persons: , , Maxime Aubert, ” , Adam Brumm, , Renaud Joannes, Boyau, Joannes, Aubert —, Aubert, Nowell, wasn’t, it’s, Paul Pettitt, Dominic Julian, BRIN, Pettitt, It’s, sapiens Organizations: CNN, Griffith, for Social, Research, Australia’s Griffith University, BRIN Google Arts &, Southern Cross University, University of Victoria, Durham University, BRIN Google Locations: South Sulawesi, France, South Africa, Australia, Sulawesi, , Europe, Indonesia, archaeogeochemistry, Canada, United Kingdom, Africa
Give it another two or three years — that's when the real estate market gets hit the most." Meanwhile, the fallout in the commercial real estate sector could be more severes. However, banks, bearing huge losses in their mortgage and commercial real estate portfolios, will be more hesitant to lend, weighing on demand and causing real estate prices to plunge. Advertisement"It's possible we'll see a 50% [correction] in some spots, but I would say somewhere around a 30% correction in real estate," Vermeulen said of real estate investments. Those losses could take seven to 10 years to recover from, he said, due to the long nature of real estate cycles.
Persons: , Chris Vermeulen, Vermeulen, — that's, Vermueule Organizations: Service, Traders, Business, Census, Challenger, Bloomberg, National Association of Realtors
Influencers have changed the ad industry. Now what?
  + stars: | 2024-07-04 | by ( Gaelle Legrand | ) www.cnbc.com   time to read: +9 min
Commercial playsTania Bryer: In 1994, it was considered groundbreaking – using an ad to flip gender roles on their head. They're somehow interacting with brands through the prism of influencers, and it gives them a way to talk back. Tania Bryer: A 2019 Edelman study revealed that consumers' trust in the brands they purchase from had declined, but trust in influencers was up. Tania Bryer: And Chawawa says that trust also extends to the type of influencer brands work with. Tania Bryer: And while that may be convenient for brands, creator economy strategist Jamie Gutfreund says it can hurt influencers.
Persons: Tania Bryer, Munya Chawawa, Instagram, Munya, Richard Edelman, Edelman, They're, Joe Gagliese, There's, that's, it's, TikTok, Blake Chandlee, Goldman Sachs, You've, I've, copywriters, Emily, Jamie Gutfreund, influencers Organizations: YouTube, Trust, influencers Locations: influencers, Paris
I had a mom-fail moment when I realized I hadn't registered my 4-year-old son for swimming lessons and summer camp before the cutoff. We had frozen pizza for dinner, and he went to sleep without a fight, tired after a long day of playing outside. AdvertisementThe world looks a lot different now, but I'm planning on bringing this spirit to our summer by subscribing to these philosophies. When I was a kid, it was during those long, boring summer afternoons that I formed my love of reading. Summer feels like the right time to loosen up and approach feeding my kid with a little more ease.
Persons: I'm, didn't, bento, Liz Organizations: Service, Business, Montessori Locations: Canadian, Vancouver
Give it another two or three years — that's when the real-estate market gets hit the most." The fallout in the commercial real-estate sector could meanwhile be more severe. But banks, bearing huge losses in their mortgage and commercial real-estate portfolios, will be more hesitant to lend, weighing on demand and causing real-estate prices to plunge. Advertisement"It's possible we'll see a 50% [correction] in some spots, but I would say somewhere around a 30% correction in real estate," Vermeulen said of real-estate investments. Those losses could take seven to 10 years to recover from, he said, because of the long nature of real-estate cycles.
Persons: , Chris Vermeulen, who's, Vermeulen, — that's Organizations: Service, Traders, Business, Census, Challenger, Bloomberg, Fed, National Association of Realtors
The US has been trying to keep the feral pig population — estimated to be between 6 and 9 million — in check for over a decade. Feral pigs will eat almost anythingAlan Biggerstaff of Nuisance Wildlife Management & Control set up hog traps in Texas in 2019. Mayer has seen feral hogs forage at landfills and feed on diapers, rubber bands, and plastic. AdvertisementWhen feral pigs start rooting in grass, they can leave a mess behind, as this photo from 2014 shows. Mayer said another factor that makes controlling wild hogs difficult is that the entire country is a mosaic of different methods.
Persons: , Jack Mayer, Mayer, Alan, Brett Coomer, they're, wilder, Gerald Herbert, Robert F, You've Organizations: Service, Business, Laboratory, Management, Control, Houston, Getty, Texas Locations: San Antonio , Texas, Texas, Florida, Georgia, Savannah, North America, England, Louisiana, Ohio, Kentucky, Oklahoma
“We know that the Denisovans lived, occupied the cave and this Tibetan plateau for such a long time, we really want to know, how did they live there? Analysis of bone fragments unearthed during excavations at Baishiya Karst Cave have revealed what animals Denisovans butchered, ate and processed. Traces of Denisovan DNA found in present-day people suggest the ancient species likely once lived across much of Asia. Many of the bones recovered from Baishiya Karst Cave, like this spotted hyena vertebra, contain traces of human activities such as cut marks. Unlike Denisova Cave, which was occupied by early modern humans and Neanderthals as well as Denisovans, current evidence suggests that Denisovans were the only group of humans to live at Baishiya Karst Cave, Zhang said.
Persons: CNN — Denisovans, Denisovans, , Dongju Zhang, Zhang, Denisovan, Frido Welker, Xia Li, Welker, Dongju, Samantha Brown, ” Brown Organizations: CNN, Lanzhou University, Globe, Paleoanthropology, University of Copenhagen, Mass, Junior, Palaeoproteomics, Germany’s University of Tübingen Locations: Xiahe, China’s Gansu, , China, Lanzhou, Cave, Altai, Siberia, Asia, Laos, Southeast Asia, Ganjia, Australia
Read previewNASA has confirmed that a hunk of space junk as big as a car hood found in North Carolina belonged to a SpaceX Dragon Capsule, according to an agency statement shared on X. AdvertisementDebris from the Dragon Capsule landed in the middle of a train at the Glamping Collective, a mountaintop resort in North Carolina. Photos by Brett Tingley, courtesy of the Glamping CollectiveA similar chunk of Dragon trunk was found in Franklin, North Carolina in June. It's when space debris free-falls toward Earth with no one controlling its course. Even though this space debris is relatively small compared to, say, car-sized satellites, it's not harmless.
Persons: , Justin Clontz, Space.com, Brett Tingley, It's, landers, Moriba Jah, Jah, Jonathan McDowell, McDowell, it's Organizations: Service, NASA, SpaceX, International Space, Business, International Space Station, United Nations Office, Outer Space Affairs, Aerospace Engineering, Engineering Mechanics, The University of Texas, Harvard, Smithsonian Center for Astrophysics, Aerospace Corporation, Federal Government Locations: North Carolina, Asheville, Franklin , North Carolina, Saskatchewan, Canada, Florida, Austin, Asheville , North Carolina
Every effort the president and his White House and campaign teams make to fix the problem end up exacerbating it. She said that while Biden had a cold at the debate, he hadn’t taken medication but was now feeling better. But she declined to go beyond Biden’s already released annual physical results that found him fit for duty in February. Democratic Sen. Peter Welch from Vermont said Tuesday: “The big question going into that debate was the age question. One of those governors, Kentucky’s Andy Beshear, said in a remarkably candid interview with CNN on Tuesday that Biden’s debate was “rough” and that whatever the polls say, it will damage his campaign.
Persons: Joe Biden, Donald Trump, Lloyd Doggett, Biden, , parry, Karine Jean, Pierre, Trump, Biden’s, ” Jean, Jean, Democratic Sen, Peter Welch, , , ” Welch, CNN’s Abby Phillip, statesmanlike Biden, George Stephanopoulos, he’ll, Kentucky’s Andy Beshear, “ Joe Biden, ” Beshear, who’s, Pamela Brown, Beshear, Nancy Pelosi, Mike Quigley, CNN’s Kasie Hunt, Doggett, CNN’s Brianna Keilar, Kamala Harris, James Clyburn –, ” Clyburn, Miss Harris, it’s, ” Sen, Laphonza Butler, ” Butler, Beshear –, Harris, he’d, Joe Biden’s Organizations: Washington CNN, Democratic, Texas Rep, White, Trump, Biden, CNN, Democratic Party, ABC, MSNBC, Republican, Illinois, House Democrats, Democratic National Convention, South Carolina Rep, CBS News Locations: Europe, Biden’s, Vermont, Chicago, America, Trump, Washington
We didn’t know whether we’d get to the end.”Record-setting journeyOllie Gamblin and Lavi Scholl have set the record for the youngest duo to circumnavigate the globe by motorbike. Keen to take things further, the couple began planning a cycling trip around the world. The couple, known as “Lavi and Ollie” were loaned a Suzuki V-Strom 1050XT by UK dealership Motorcycle World, and Gamblin says he fell over while riding out of the parking lot. “That was really, really challenging for me,” Scholl says. They plan to head off on a UK-based riding trip so that Scholl can improve her motorcycle skills.
Persons: CNN —, Lavi Scholl, Ollie Gamblin, , we’d, Oliver Gamblin, , Scholl, Gamblin, Keen, Lavi, Ollie ”, Suzuki, Strom 1050XT, Ollie, hadn't, Oliver Gamblin “, “ We’ve, ” Scholl, they’d, Elvis, ” “, Oliver Gamblin Gamblin, who’d Organizations: CNN, CNN Travel, , Las Vegas, Guinness World Records, UK, Google, Geographic, YouTube Locations: Morocco, Argentina, Mongolia, Las, Australia, New Zealand, Germany, England, London, , Russia, Ukraine, France, Spain, Senegal, Brazil, South America, Bolivia, Peru, Chile, Ecuador, Colombia, Panama, North America, Las Vegas, , Canada, Seoul, South Korea, Vladivostok, gers, Central Asia, Kazakhstan, Europe, Dover
In the first, “The Death of R.M.F.,” Jesse Plemons plays Robert, the hapless puppet of his boss Raymond (Willem Dafoe). Eats a Sandwich,” Stone and a now-shaven headed Plemons are the disciples of a purity cult led by Dafoe, tasked with locating someone able to revive the dead. Emma Stone plays three characters across three stories in Yorgos Lanthimos's "Kinds of Kindness," and her wardrobe journey reflects that. “Willem is such a great example: you are a CEO, and then you’re (Stone’s) father, and now you’re a leader of a sex cult. Yorgos Lanthimos/Searchlight PicturesIn the third chapter Dafoe plays a cult leader, freed from Raymond’s designer suits and instead sporting little else besides eyeliner and orange Speedos.
Persons: darlings, He’s, , ” Jesse Plemons, Robert, Raymond, Willem Dafoe, , Emma Stone, Plemons, , Dafoe, Yorgos Stefanakos, Yorgos, ” Jennifer Johnson, ” Johnson, Gianni Agnelli, Italy’s, Agnelli, ” Dafoe, Emma Stone’s, Johnson, Atsushi Nishijima, “ Anna Karenina ”, — Plemons, Tom Ford turtleneck Robert’s, “ Willem, Jesse Plemmons, Margaret Qualley, Rebecca, Ruth, she’s, lambasting Robert, “ There’s, it’s, ‘ yup, Ken, Barbie, “ They’re, groans Organizations: CNN, Searchlight, Fiat Locations: Hong, Venice, New Orleans
A satellite dish is no longer the only way bars and restaurants can air the National Football League's package of "Sunday Ticket" games. With this acquisition, bars, restaurants, casinos and other businesses will be able to stream "Sunday Ticket" games. "Sunday Ticket" is an integral sports package for bars and restaurants since it provides all out-of-market NFL games. Since then, the media rights owners of NFL games have begun to offer games simultaneously on their streaming services — and in some cases exclusively. Netflix also recently won the rights to air two NFL games on Christmas this year, and at least one on the holiday in the following two years.
Persons: EverPass, it's, Alex Kaplan, We're, Peacock Organizations: NFL, Denver Broncos, Seattle Seahawks, Football, EverPass Media, RedBird Capital Partners, DirecTV, EverPass, Google, YouTube, Amazon, Comcast, Netflix Locations: New Jersey
McDonald’s has cut breakfast service timings by 90 minutes, the company said, after a shortage of eggs caused by bird flu outbreaks that have led to the slaughter of about 1.5 million chickens. Australia is battling outbreaks of several strains of highly pathogenic avian influenza that have struck 11 poultry facilities, most of them egg farms, in its southeast since May. None of the strains are the H5N1 variant of bird flu that has spread through bird and mammal populations worldwide, infecting billions of animals and a small number of humans. “Consumers can be assured there’s still over 20 million hens under the care of hundreds of egg farmers across Australia that will continue to work hard to ensure there’s eggs on shelves,” he added. Bird flu spreads to farmed animals from wild birds.
Persons: McDonald’s, ” McDonald’s, Rowan McMonnies, there’s Organizations: Good, Facebook Locations: Canberra, Australia
New York CNN —Inflation rates in Canada, the EU and Australia have popped higher in recent months. But that disconnect appears to be fading as inflation rates in the US continue to ease. The US also had a recent scare as inflation rates ticked higher. But after a year of the Fed holding interest rates steady at a 23-year high, inflation rates in the United States are once again declining. High inflation readings around the globe are concerning investors, José Torres, senior economist at Interactive Brokers, told CNN.
Persons: , Brent Schutte, Schutte, José Torres, Torres, payrolls, Chewy, Keith Gill, Krystal Hur, Gill, Ryan Cohen, Jordan Valinsky, CSSE Organizations: CNN Business, Bell, New York CNN, EU, Federal, Federal Reserve, Bank of Canada, Northwestern Mutual Wealth Management, Interactive Brokers, CNN, Investors, Bank for International, BIS, Securities, Exchange, GameStop, Soul Entertainment, BBC, Sony Pictures, Walmart, Walgreens, Apollo Global Management, Sony, Netflix Locations: New York, Canada, Australia, United States, Europe, Redbox
After spending two years building products at Atlassian, Garg quit his job to start his own company. However, through his efforts to start a company, Garg met Enrique Salem, a board member of Atlassian and partner at Bain Capital Ventures, the multi-stage venture fund managing over $10 billion in assets and a unit of Bain Capital. In response, Garg helped start Atlassian Access, a new identity management product that scaled to thousands of customers. AdvertisementBecoming BCV's youngest partner in under 3 years"I didn't know anything about venture," Garg said. "We are very high-touch in how we work with these companies," Garg said.
Persons: , Garg, Enrique Salem, Salem, Rak Organizations: Service, Business, Bain Capital Ventures, Bain Capital, BCV, UCLA, Atlassian, Viso Trust, BCV Labs Locations: Atlassian, Delhi, Bay, ideating
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