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☆ Kids should be banned from smartphones until 13 and social media until 18, a major French study says
▼ + stars: | 2024-05-01 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

Kids should be barred from using smartphones until 13 and social media until 18, a report said. The French government-backed report said social media should be limited to those with "ethical thinking." AdvertisementChildren should be barred from using smartphones until they turn 13 and social media until they are 18, according to a report commissioned by the French president. The report, "Children and Screens: In Search of Lost Time," said that children should not be allowed to have cellphones before the age of 11, should be barred from social media before they turn 13, and that between 15 and 18, social media access should be "limited" to those with "ethical thinking." Social media can have a strong impact on young people in particular, leading, in some cases, to suicide and exposure to dangerous content.

Persons: —, Emmanuel Macron Organizations: Service, Business, Google, Samsung

☆ As the US braces for another summer of travel chaos, this Japanese airport hasn't lost a single bag in its 30-year history
▼ + stars: | 2024-05-01 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Kansai International Airport in Japan says it hasn't lost a bag since it opened in 1994. Last month, Kansai International Airport, in Osaka, won the Skytrax award for the World's Best Airport for Baggage Delivery. Kansai International Airport first opened in 1994, and estimates that it serves 28 million passengers a year. AdvertisementIn 2022, a total of 2.987 million bags were mishandled on domestic flights in the US, BTS data shows. Next year, Kansai International Airport will deal with an influx of visitors for the six-month-long Expo 2025.

Persons: hasn't, —, it's Organizations: Kansai International Airport, Skytrax, Service, World's, Kansai International, Nikkei Asia, Bureau of Transportation Statistics, Apple, Nikkei Locations: Japan, Osaka, Nikkei Asia

☆ Women college athletes average more brand deals than men, new data shows. Here are 5 key takeaways on NIL marketing.
▼ + stars: | 2024-05-01 | by ( Tiara White | ) www.businessinsider.com time to read: +6 min

Read previewWhen it comes to scoring NIL deals, women college athletes are gaining on their male counterparts, according to a new report from the sports-and-entertainment intelligence platform SponsorUnited. The report showed that women college athletes get more brand deals on average than college men, although the men still make up the majority of NIL deals overall. He also said social-media engagement is overwhelmingly stronger among women college athletes compared with men. Related storiesHere are five key takeaways from the report:Women college athletes are getting more NIL dealsWhile men still made up 57% of NIL deals overall, women got more brand deals on average — 3.5 compared to 2.5 among men, SponsorUnited found. For example, he said college athletes on TikTok are leveraging brands better than professional athletes on the platform.

Persons: —, Caitlin Clark, Angel Reese, Bob Lynch, Reese, Clark, Olivia Dunne, Lynch, SponsorUnited, it's, Alex Glover's, Brands, Brand, SponsorUnited Lynch, that's Organizations: Service, Business, Iowa Hawkeyes, LSU Tigers, LSU, Iowa, NCAA, ESPN, Gatorade, State, Nike, BI, Brands, Southern Methodist University Locations: SponsorUnited

☆ Californians appear to be losing enthusiasm for Tesla
▼ + stars: | 2024-05-01 | by ( Ana Altchek | ) www.businessinsider.com time to read: +1 min

Tesla registrations dropped again in California last quarter, according to a California Auto Outlook report. The report says Tesla saw a 7.8% dip in sales in the state while Rivian's increased by 87.1% and GMC shot up by 24,700%. Tesla still leads the EV market in California, but CNCDA's president said the registration drops are notable. AdvertisementCalifornian drivers appear to be losing some enthusiasm for Tesla. A California Auto Outlook report shows year-over-year Tesla registrations are down again in the state.

Persons: Tesla, — Organizations: California Auto, GMC, Service, Car Dealers, Business Locations: California

☆ McKinsey tried to boost the morale of senior staff by blasting Eminem and Bob Marley at an internal event, report says
▼ + stars: | 2024-04-30 | by ( Polly Thompson | ) www.businessinsider.com time to read: +3 min

McKinsey & Co. held an internal event to rally partners amid a challenging year, Bloomberg reports. Like many major consulting firms, McKinsey has announced layoffs as demand for its services has fallen. During the event, Bob Sternfels, global managing partner at McKinsey, reportedly admitted that the last 18 months had been challenging but said that 2024 was looking better for the firm. McKinsey global managing partner, Bob Sternfels, makes a statement to the US Senate on the firm's work with Saudi Arabia, February 2024. But McKinsey partners have reportedly been unhappy with how leadership has handled the role reductions, people familiar with the matter told Bloomberg.

Persons: Bob Marley, Eminem, —, Bob Sternfels, Sternfels, sprees, they're Organizations: McKinsey, Co, Bloomberg, Service, SPAN McKinsey, Employees, US Department of Justice, Purdue Pharma, Sternfels Locations: British, Copenhagen, Saudi Arabia

☆ N.S.A. Disclosure of U.S. Identities in Surveillance Reports Nearly Tripled in 2023
▼ + stars: | 2024-04-30 | by ( Charlie Savage | ) www.nytimes.com time to read: 1 min

The number of times the National Security Agency identified Americans or U.S. entities last year in intelligence reports containing information from a high-profile warrantless surveillance program nearly tripled from 2022, the government disclosed on Tuesday. The sharp increase in so-called unmaskings, to more than 31,300 times, arose from attempts by foreign hackers to infiltrate the computer systems of critical infrastructure — not individual people, officials said. In particular, a single intelligence report last year identified a “large number” of potential American entities a hacker sought to breach, the report said. The report was the most recent set of surveillance-related statistics made public each spring by the Office of the Director of National Intelligence, providing a measure of transparency into how intelligence agencies use their electronic spying powers.

Organizations: National Security Agency, National Intelligence

☆ Cyberattack on UnitedHealth firm forces doctors to dig into personal savings to stay afloat
▼ + stars: | 2024-04-30 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +19 min

Change Healthcare offers payment and revenue cycle management tools, and other solutions such as electronic prescription software. On Feb. 21, UnitedHealth Group , which owns Change Healthcare, discovered that hackers compromised part of the unit's information technology systems. UnitedHealth told CNBC earlier this month that there is "no evidence of any new cyber incident at Change Healthcare." It's just one of the ways Change Healthcare touches cash flow within the health-care sector. A controversial mergerSheldon Cooper | Sopa Images | Lightrocket | Getty ImagesUnitedHealth's ownership of Change Healthcare has raised eyebrows from the outset.

Persons: Omar Marques, Dr, Angeli Maun Akey, Akey, she's, UnitedHealth, I've, Andrew, Mike Bradley, Barbara McAneny, McAneny, Sarah Carlson, Carlson, Sheldon Cooper, Optum, Michael Nagle, Tyler Kisling, Kisling, he's, There's, it's, Purvi, Parikh hadn't, they've, Amit Phull, Phull, Igor Golovniov Organizations: Lightrocket, CNBC, Healthcare, UnitedHealth, U.S . Securities, Exchange Commission, Change, Inc, Bloomberg, Getty, U.S, American Medical Association, AMA, U.S . Department of Justice, DOJ, U.S . Department of Health, Human Services, Wall Street, New York Stock Exchange, Change Healthcare Locations: Gainesville , Florida, U.S, Minnetonka , Minnesota, UnitedHealth's, New Mexico, Boulder , Colorado, California, New York City, UnitedHealth

☆ ISS endorses most of activist Ancora's nominees for Norfolk Southern board
▼ + stars: | 2024-04-30 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +3 min

Influential proxy advisory firm ISS recommended on Tuesday that Norfolk Southern shareholders support five of activist Ancora's seven board nominees, withholding an endorsement from CEO pick Jim Barber but describing him as a "credible director and CEO candidate nonetheless." Ancora is seeking to oust both current CEO Shaw and newly appointed COO John Orr. ISS recommends shareholders support Ancora nominees William Clyburn, Sameh Fahmy, Gilbert Lamphere, Allison Landry and John Kasich. "As board chair, Amy Miles arguably bears the most responsibility for this state of affairs," ISS' report read. WATCH: CNBC's full interview with NSC CEO Shaw on activist campaign

Persons: Jim Barber, Glass Lewis, Alan Shaw's, Barber, Amy Miles, Ancora, Shaw, John Orr, William Clyburn, Sameh Fahmy, Gilbert Lamphere, Allison Landry, John Kasich, Orr, Sen, Heidi Heitkamp, Richard Anderson Organizations: Norfolk, ISS, CNBC, Vanguard, BlackRock, Norfolk Southern, Delta Locations: Norfolk Southern, East Palestine , Ohio, Norfolk

☆ Musk lays off Tesla senior executives in fresh job cuts, The Information reports
▼ + stars: | 2024-04-30 | by ( ) www.cnbc.com time to read: +2 min

Tesla and SpaceX's CEO Elon Musk reacts during an in-conversation event with British Prime Minister Rishi Sunak in London on Nov. 2, 2023. Elon Musk has dismissed two Tesla senior executives and plans to lay off hundreds more employees, frustrated by falling sales and the pace of job cuts so far, The Information reported on Tuesday, citing the CEO's email to senior managers. Rebecca Tinucci, senior director of the electric vehicle maker's Supercharger business, and Daniel Ho, head of the new vehicles program, will leave on Tuesday morning, the report said. Musk also plans to dismiss everyone working for Tinucci and Ho, including the roughly 500 employees who work in the Supercharger group, The Information said. Tesla, which had 140,473 employees globally as of end-2023, did not immediately respond to a Reuters' request for comment.

Persons: Tesla, Elon Musk, Rishi Sunak, Rebecca Tinucci, Daniel Ho, Musk, Ho, Rohan Patel, Tinucci, — Patel, Drew Baglino — Organizations: British Locations: London, China, Beijing, India

☆ Europe may need to impose tariffs of up to 55% to curb Chinese EV imports: report
▼ + stars: | 2024-04-30 | by ( Dylan Butts | ) www.cnbc.com time to read: +1 min

Vehicles set to be shipped to Europe, at Taicang Port on Dec. 19, 2022, in Suzhou, China. The European Union will need to levy higher-than-expected tariffs of up to 55% on Chinese electric vehicles to curb their imports into the bloc, according to a new analysis by Rhodium Group. The findings, released Monday, come amid the EU's ongoing anti-subsidy investigation into EV imports from China. Rhodium Group, which expects the EU to impose tariffs in the 15% to 30% range on Chinese EVs, said those tariffs were unlikely to be enough to check competition from China. Chinese EV makers are locked in an intense price war in their home market.

Persons: Tesla Organizations: Taicang Port, European, Group, EV, EU Locations: Europe, Taicang, Suzhou, China

☆ Elon Musk is going hardcore again
▼ + stars: | 2024-04-30 | by ( Ana Altchek | ) www.businessinsider.com time to read: +3 min

Elon Musk said Tesla needs to be "absolutely hard core about headcount," The Information reported. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementElon Musk wants there to be no doubt that Tesla needs to be "hardcore." This isn't the first time Musk has sent a threatening late-night email to his employees or talked about the importance of a "hardcore" culture. AdvertisementThe latest cuts at Tesla arrive weeks after Musk announced Tesla layoffs that would impact more than 10% of its workforce.

Persons: Elon Musk, Tesla, Musk, —, Rebecca Tinucci, Daniel Ho, Tinucci Organizations: Service, Twitter, EVs

☆ Disgraced former Congressman George Santos says he's bringing his drag queen alter ego 'out of the closet' on Cameo
▼ + stars: | 2024-04-29 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +4 min

George Santos will be making Cameo videos as his drag persona, Kitara Ravache, he said. After being expelled from Congress, Santos has used Cameo to earn money. AdvertisementDisgraced former Congressman George Santos announced on Monday that he is bringing his drag persona Kitara Ravache "out of the closet" for a limited time. AdvertisementRochard said that she had known Santos as a drag queen and that he'd competed in drag in a beauty pageant as Kitara Ravache in 2008. AdvertisementFollowing his expulsion from Congress, Santos turned to Cameo as a source of income.

Persons: George Santos, Kitara Ravache, Santos, —, Y'all, I've, Roch, "Ru Organizations: Congress, Service, New, Acc, e, eni Locations: y

☆ JPMorgan’s calls for a reality check on energy transition are sensible, UAE energy minister says
▼ + stars: | 2024-04-29 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +1 min

JPMorgan's calls for a "reality check" on the world's energy transition goals and pathway is a "sensible," the UAE's energy minister told CNBC. "We need always, whenever we put up predictions, especially long term ones, to have a reality check," Suhail Al Mazrouei told CNBC's Dan Murphy in Riyadh, Saudi Arabia on the sidelines of the World Economic Forum. In a recent note to client, JPMorgan warned that the world needed a "reality check" on its efforts to move from fossil fuels to renewables, pointing out that it could take "generations" to reach net-zero targets. "I think it's a very sensible article," said Al Mazrouei. The minister, however, highlighted that the circumstances and financial capabilities of each country on undertaking the energy transition goals will vary.

Persons: Al Mazrouei, CNBC's Dan Murphy Organizations: CNBC, Economic, JPMorgan Locations: Riyadh, Saudi Arabia, Ukraine

☆ Shopify plans a reorg of its Support division as the ratio of managers to 'crafters' falls below target
▼ + stars: | 2024-04-29 | by ( Madeline Stone | ) www.businessinsider.com time to read: +4 min

Read previewShopify is planning a reorganization of its Support division, and employees worry cuts are on the way. He said that Support teams working with Shopify's largest enterprise merchants would not be affected. OpenAI recently hired Glen Worthington, Shopify's former vice president of global support, to lead its own customer service operations. Jen Bebb, previously Shopify's director of global merchant and product support, left the company in March when Worthington left. Clovis Cuqui, who previously led support as Shopify's VP of merchant acceleration, announced his departure in October.

Persons: —, David Kohl, We've, Kohl, we're, crafters, Shopify, OpenAI, Glen Worthington, Shopify's, Jen Bebb, Worthington, Clovis Cuqui Organizations: Service, Business, WordPress Locations: Philippines, Canada, mstone@businessinsider.com

☆ Family offices are looking beyond the stock market for higher returns, new report finds
▼ + stars: | 2024-04-29 | by ( Robert Frank | ) www.cnbc.com time to read: +5 min

The family offices covered by the survey had 26% of their assets invested in publicly traded stocks. The study surveyed 190 single family offices around the world, with an average of $1.4 billion in assets. In the U.S., only 49% of family offices have a long-term target return for their portfolio. Still, family offices use various benchmarks for their investment portfolios, with more than three-quarters of those surveyed using some benchmark to evaluate performance. Increasingly, family offices are looking to outsource more functions to reduce costs, especially among smaller family offices of under $500 million.

Persons: William Sinclair, Sinclair, cybersecurity, Robert Frank Organizations: JPMorgan Private Bank Global, Family, JPMorgan Private Bank, JPMorgan Locations: U.S

☆ Oil prices drop as reports say Israel and Hamas could soon head for cease-fire talks
▼ + stars: | 2024-04-29 | by ( Yuheng Zhan | ) www.businessinsider.com time to read: +2 min

Oil prices fell as reports on Monday indicated that Israel and Hamas could engage in cease-fire talks this week. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementOil prices dropped Monday with energy markets eyeing fading geopolitical risks as Israel and Hamas reportedly move toward cease-fire talks. Cease-fire discussions could begin as soon as Tuesday if both parties agree to meet Cairo, the report said. Analysts say they see as much as a 20% surge for stocks in the sector as conflict and supply disruptions keep prices elevated.

Persons: Antony Blinken, —, Brent, Israel, David Rosenberg Organizations: Service, Hamas, West Texas Intermediate, The New York Times, United, Reuters, Bank Locations: Israel, Cairo, United States, Saudi Arabia, Rafah, Russia, Ukraine, OPEC

☆ Saudi Arabia wants big spenders for the first part of its Neom megaproject
▼ + stars: | 2024-04-28 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +4 min

Saudi Arabia plans to open the first part of its Neom megaproject this year. Saudi Arabia is pushing to distinguish itself in the high-end luxury market to compete with Dubai. AdvertisementSaudi Arabia plans to open the first region of its Neom megacity by the end of the year. Neom recently ended investor roadshows in China by confirming the luxury island resort would open this year, Arab News reported. A rendering of The Line, part of the Neom project planned by Saudi Arabia.

Persons: —, Neom, roadshows, It's, Marriott Bonvoy, Chadi, MDLBEAST, Kristian Coates Ulrichsen, Saudi Arabia hasn't, Ulrichsen, Saudi Crown Prince Mohammed bin Salman's Organizations: Dubai, Service, Arab News, Marriott, United, Rice, Baker Institute for Public Policy, Emirates, Saudi, Bloomberg, Business Locations: Saudi Arabia, Sindalah, China, Saudi, Vives, Dubai, United Arab Emirates, Saudi Crown, Gulf Kingdom

☆ Biden keeps up his attack on 'sleepy Don' with a slew of jokes aimed at Trump at the White House Correspondents' dinner
▼ + stars: | 2024-04-28 | by ( Cameron Manley | ) www.businessinsider.com time to read: +5 min

Joe Biden used his speech at the White House Correspondents' Association dinner to mock Donald Trump. AdvertisementOften referred to as Washington's "nerd prom," hundreds of journalists, politicians, and celebrities rubbed shoulders on Saturday evening at the White House Correspondents' Association dinner. President Joe Biden jokes about his age and Donald Trump at the 2024 White House Correspondents’ Dinner. Trump responded to Biden's Saturday comments on his Truth Social platform, saying, "The White House Correspondents' Dinner was really bad. Later in his White House Correspondents' speech, Biden also delivered some light-hearted jokes at the media's expense.

Persons: Joe Biden, Donald Trump, Biden, —, Trump, Mike Pence, Stormy Daniels, Donald, 81NH5r3hg2, 2bD4ZOo9cl —, Joe, Ron DeSantis, Ron DeSanctimonious, 4ggDwycPlY — Joe Biden, Colin Jost Organizations: White, Correspondents, Association, Trump, Service, Republican, 2bD4ZOo9cl — MSNBC, Florida Gov, Unions Washington DC, Union, New York Times, The New York Times Locations: New York

☆ China's submarine force is stressed by their more realistic training for combat
▼ + stars: | 2024-04-28 | by ( Michael Peck | ) www.businessinsider.com time to read: +9 min

Chinese submarine crews are training to operate farther into the Western Pacific. AdvertisementChina is forcing its submarine crews to endure more intensive and realistic training exercises. Ironically, while rigorous training is intended to create a more skilled and aggressive submarine force, these changes could backfire. "What the literature does suggest is that the PLAN submarine force is simultaneously incorporating a wide range of new operational guidance, platforms, and technologies that are pushing the crews and equipment of the PLAN submarine force in ways they have not been stressed before." "But it still must improve further to be capable of supporting what is expected of the submarine force."

Persons: —, Christopher Sharman, Terry Hess, evaluators, VCG, Crews, submariners, Sharman, Michael Peck Organizations: Pacific, Service, Training, China Maritime Studies, US Naval War, People's Liberation Army Navy, PLA, PLAN, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: China, Pacific, Western, Soviet, Russia, Ukraine, Forbes

☆ Kanye West appears to confirm 'Yeezy Porn' site and is planning to work with Stormy Daniels' ex-husband, reports say
▼ + stars: | 2024-04-27 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +2 min

Kanye West appears to have confirmed reports that he is launching an adult entertainment studio. The rapper, now known as Ye, shared a now-deleted post about his new venture: "Yeezy Porn." NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementYe, formerly known as Kanye West, appears to have confirmed reports that he's set to launch an adult entertainment site. The six-second clip featured a voice directing followers to "go to yeezy.com," while the screen read: "Yeezy Porn Is Cumming," Rolling Stone reported.

Persons: Kanye, Ye, He's, Stormy Daniels, —, Cumming, Mike Moz, I've, it's, Moz Organizations: Service, Vixen Media, TMZ, Business, Adidas Locations: Chicago

☆ Russia's April oil and gas revenue could double despite Ukraine hammering its oilfields with drones, report says
▼ + stars: | 2024-04-27 | by ( Cameron Manley | ) www.businessinsider.com time to read: +2 min

Russia's oil and gas revenue is set to surge despite Ukraine's attacks on energy infrastructure. Revenue from oil and gas is a key way Russia funds its war in Ukraine. AdvertisementRussia's oil and gas revenue for April is expected to soar by roughly double year on year despite increased Ukrainian attacks on energy infrastructure, a Reuters report said. Despite Russia's strong April revenue projections, it seems Ukraine's strikes are having some success. Bloomberg reported this week that Russia's oil refining was at an 11-month low because of flooding and Ukraine's drone campaign.

Persons: —, Russia's Organizations: Service, Reuters, Bloomberg, Business Locations: Russia, Ukraine, Ukrainian, Russia's Smolensk

☆ The US is rushing to get new Patriot air defense missiles to Ukraine before Russia can destroy more targets
▼ + stars: | 2024-04-27 | by ( Cameron Manley | ) www.businessinsider.com time to read: +3 min

The Pentagon said it would "rush" Patriot air defense missiles to Ukraine. US Defense Secretary Lloyd Austin said that Patriot missiles would not be a "silver bullet." AdvertisementThe US will "rush" Patriot air defense missiles to Ukraine as part of a military aid package, Defense Secretary Lloyd Austin has said. He said earlier this month that Ukraine needed "seven more Patriots or similar air defense systems" to defend its cities from Russian strikes. "'Patriots' can only be called air defense systems if they work and save lives rather than standing immobile somewhere in storage bases," Zelenskyy added on X.

Persons: Lloyd Austin, —, Austin, Mykola Oleshchuk, German Galushchenko, El, Volodymyr Zelenskyy, Zelenskyy Organizations: Pentagon, US, Patriot, Service, Defense, Ukrainian Energy, German, Facebook, Frankivsk, Patriots, for, El Pais, EU, NATO Locations: Ukraine, Russia, Dnipropetrovsk, Ivano, Lviv, Russian, Spanish, Spain

☆ Spain to send Patriot missiles to Ukraine amid mounting pressure from EU and NATO allies, report says
▼ + stars: | 2024-04-26 | by ( Cameron Manley | ) www.businessinsider.com time to read: +3 min

It follows Ukraine's urgent plea to NATO for more air defense systems. AdvertisementIt comes after German defense minister Boris Pistorius hit out at Spain and Greece for not having sent their Patriot systems to Ukraine. Spain has decided not to send any of its launchers for the Patriot system to Ukraine, however, the El Pais report said. It currently has three Patriot systems, all purchased from Germany in 2004 and 2014, the report added. "However, from the very beginning, we stated that we cannot give out defense systems that are crucial for our deterrence capabilities," he added.

Persons: —, El, Boris Pistorius, Volodymyr Zelenskyy, Putin, Zelenskyy, El Pais, Kyriakos Mitsotakis, Olaf Scholz, Scholz Organizations: NATO, Service, EU, Spanish Ministry of Defense, Business, Patriot, Telegraph, Patriots, El Locations: Spain, Ukraine, El Pais, Spanish, Turkish, Syrian, Greece, Germany, Soviet, Ukrainian

☆ Here are Friday's biggest analyst calls: Nvidia, Microsoft, Alphabet, Apple, Snap, Intel, Western Digital and more
▼ + stars: | 2024-04-26 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Here are Friday's biggest calls on Wall Street: Bank of America reiterates Alphabet as buy Bank of America said it is sticking with its buy rating on Alphabet following earnings Thursday. Deutsche Bank reiterates Snap as buy Deutsche Bank said it is sticking with its buy rating on the stock following earnings on Thursday. " Goldman Sachs reiterates Intel as sell Goldman Sachs said it is standing by its sell rating on Intel shares following earnings Thursday. Benchmark upgrades Western Digital to buy from hold Benchmark upgrades Western Digital following the company's "major upside" earnings report. Bank of America reiterates Nvidia as buy Bank of America said Nvidia remains a top idea at the firm.

Persons: Goldman Sachs, prioritization, Maxim, Bank of America downgrades Hertz, Raymond James, Knight, Morgan Stanley downgrades Mobileye, Morgan Stanley, Piper Sandler, Wells, Dow Organizations: Bank of America, Deutsche, Deutsche Bank, Microsoft, Intel, TAM, Apple, Barclays, Enphase Energy, Digital, " Bank of America, Sonic Automotive, underperform Bank of America, Underperform, of America, Nvidia, AMD, MU, Caterpillar, Air Defense, Swift Transportation, EPAM, IT Services, Materials, Compass Minerals, JPMorgan, Dow, Teledyne, HSBC Locations: China, underperform, Israel

Has South Africa Truly Defeated Apartheid? U.S.A., 2020 – 63% U.K., 2019 – 62% 60% 49% 40% 20% 1994 2004 2014 2019 Sources: Collette Schulz-Herzenberg, "The South African non-voter: An analysis"; Konrad Adenaur Stiftung, 2020 (South Africa); Pew Research (United States and U.K.)On a continent where coups, autocrats and flawed elections have become common, South Africa is a widely admired exception. −4% −6% Sources: Harvard Growth Lab analysis of World Economic Outlook (South Africa and sub-Saharan Africa) and World Development Indicators (upper-middle-income countries). 50% unemployment rate 40% Black unemployment rate 30% The unemployment gap between Black and white South Africans remains wide. In 2022, about 6 percent of South Africans aged 18 to 29 were enrolled in higher education, according to Statistics South Africa.

Persons: Nelson Mandela, they’ve, Collette Schulz, Konrad Adenaur Stiftung, —, Walter Sisulu, Joao Silva, New York Times Jack Martins, ”, Mandela’s, Wandile Sihlobo, Johann Kirsten, Sihlobo, Kirsten, haven’t, Zinhle Nene, Peter Mokoena, “, Mokoena, Nokuthula Mabe, Mabe, Jacob Zuma, Chrispin Phiri, Cyril Ramaphosa, Israel, Sibusiso Zikode, Zikode, Mr Organizations: African National Congress, Pew Research, Human Sciences Research, World Bank, Black South, Charter, New York Times, University of Cape Town’s Liberty Institute of Strategic Marketing, Johannesburg Stock Exchange, Economic Empowerment, South, Harvard, Economic, Government, Black, Mr, Stellenbosch University . White, Statistics, Security, JOHANNESBURG Jobs, JOHANNESBURG Sandton Downtown, West University, Education, Statistics South, General Household Survey, of, Stellenbosch University, Ministry of Justice and Correctional Services, Institute for Security Studies, International Court of Justice Locations: Africa, South Africa, Black, States, Soweto, Kliptown, Johannesburg, South, Saharan Africa, Carletonville, JOHANNESBURG, Downtown Soweto, JOHANNESBURG Sandton, JOHANNESBURG Sandton Downtown Soweto, North, Mahikeng, Botswana, Statistics South Africa, Brazil, Mexico, Philippines, African, Germany, Russia, India, China, Ethiopia, Burundi, Zimbabwe, Ukraine, New York Times South Africa, Gaza, Durban, South Africa’s

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