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☆ Fed interest rate cut expected and global trail behind Hezbollah pager explosions: Morning Rundown
▼ + stars: | 2024-09-18 | by ( Elizabeth Robinson | Elizabeth Robinson Is A Newsletter Editor For Nbc News | Based In Los Angeles. | ) www.nbcnews.com time to read: +8 min

Fed expected to cut key interest rateChair of the U.S. Federal Reserve Jerome Powell speaks at the U.S. Capitol in July. Bonnie Cash / Getty ImagesThe Federal Reserve is poised to cut its key interest rate for the first time since the onset of the Covid pandemic in 2020. But mixed signals from the economy have some Wall Street traders predicting it’s more likely that there will be a 0.5% cut. It’s for Prime members only, so you’ll have to sign up in time if you want to shop. And did you know that in addition to free shipping, members also get benefits like Prime Video and Grubhub+.

Persons: Sean “ Diddy ” Combs, Jerome Powell, Bonnie Cash, Hsu Ching, kuang, Cristiana Bársony, Arcidiacono, Gold, “, ”, pagers, Sean ‘ Diddy ’ Combs, Combs, Mike Johnson, Trump, Donald Trump, Harris, Kamala Harris, Chuck Todd, Gisele Pelicot, Christophe Simon, I’m, don’t, Annie Hill, Elizabeth Robinson Organizations: U.S . Federal, U.S, Capitol, CNBC, Fed, Consulting, Prosecutors, of, National Association of Black Journalists, Republicans, NBC, Trump, Polaris, University of North Texas Health Science, The, Getty, Amazon Locations: Lebanon, Taiwan, Iran, Israel, Hungary, Southern, of New, Springfield , Ohio, Gaza, Ohio, San Diego, Mazan, France, AFP

☆ The world’s best hotels for 2024 revealed
▼ + stars: | 2024-09-18 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +6 min

In eighth place, Soneva Fushi in the Maldives was also winner of the Lost Explorer Best Beach Hotel Award 2024. 46 respectively and Raffles London at The OWO (No. 16 and was named Best Hotel in North America. The Calile, a stylish and airy urban resort in the lively James Street area of Brisbane, Australia, was named Best Hotel in Oceania, ranking at No. Passalacqua, which was the winner of the first-ever Best Hotel prize in 2023, dropped to second this year.

Persons: John Blanco, Capella, Josephine, Blanco, “ Covid, Thais, Soneva, Cheval Blanc, Lana, Chablé, James, Royal Mansour, Aman, Hôtel de Crillon, Borgo, Rosewood São, São, Mount Nelson, Carlyle, Eden, Suján, Brando Organizations: London CNN, Capella, Capella Bangkok didn’t, CNN Travel, Rosewood, Rosewood Hong, Capella Bangkok, Raffles, Singapore Sling, Le Bristol, Raffles London, Aussie, Tasman, Royal, American, Atlantis, Bulgari, Hyatt Kyoto, Madrid, Capella Singapore, Surf, Bel, Le Bristol Paris, Singita, Park, Kokomo Locations: Capella Bangkok, London, Charoenkrung, Thailand’s, Bangkok, London’s Guildhall, Thailand, Rosewood Hong Kong, Victoria Harbor, Rosewood Hong Kong Asian, Thai, Chao, Siam, Hong Kong, Raffles Singapore, Maldives, Tokyo, Lake Como, Paris, of, Connaught, North America, Brisbane, Australia, Oceania, Hobart, Marrakech, La, Istanbul, Bosphorus, Italy, Aman Tokyo, Soneva Fushi, Dubai, Wanokaka, Indonesia, Claridge’s, Chao Phraya, Chocholá, Mexico, Du, Antibes, France, Florence, Amalfi, Bali, Bulgari Tokyo, São Paulo, Brazil, Kyoto, Japan, Cape Town , South Africa, Puerto Vallarta , Mexico, New York, Mamounia, Morocco, Miami, Los Angeles, Barths, York, Sri Lanka, Auchterarder, Scotland, Umbria, Suján Jawai, Rajasthan, India, South Africa, Oman, French Polynesia, Tulum, Tasman, Fiji

☆ Kansas cult leaders convicted of forcing children to work 16-hour days without pay
▼ + stars: | 2024-09-18 | by ( The Associated Press | ) www.nbcnews.com time to read: +3 min

After a 26-day trial, jurors convicted all six defendants of conspiracy to commit forced labor. One of the six, Kaaba Majeed, 50, also was convicted of five counts of forced labor. Prosecutors said the group, which was labeled a cult by a federal judge in 2018, beat children and imposed severe dietary restrictions. Jenkins, who died in 2021, had been a member of the Nation of Islam until 1978, when he founded the separate United Nation of Islam. Two other co-defendants previously pleaded guilty to conspiracy to commit forced labor.

Persons: Royall Jenkins, Majeed, Stephen Cyrus, Prosecutors, Jenkins, Judge Daniel Crabtree, Yunus Rassoul, James Staton, Randolph Rodney Hadley, Daniel Aubrey Jenkins, Dana Peach Organizations: KANSAS CITY, Kan, United, of, U.S . Department of Justice, “, of Islam, University of Arts and Logistics of Locations: KANSAS, Kansas, Kansas City , Kansas, Kansas City, New Jersey , New York , Ohio, Maryland, Georgia, North Carolina

☆ The Fed’s long-awaited rate cut is colliding with presidential politics
▼ + stars: | 2024-09-18 | by ( Kayla Tausche | ) edition.cnn.com time to read: +7 min

Vice President Kamala Harris called the rate cut “welcome news,” while former President Donald Trump suggested, without evidence, that the decision could be politically motivated. With less than 50 days until Election Day, another question has emerged: Will the rate cut matter to voters? In fact, they already have – mortgages are based on bond yields, which have fallen in recent weeks in anticipation of a rate cut. Harris responded to the rate cut by saying she’s focused on bringing down prices. This story has been updated with reaction to the Fed’s rate cut announcement.

Persons: Biden, Joe Biden, Ukraine —, ’, —, “, ” Biden, Kamala Harris, ”, Donald Trump, Zoila Sanchez, CNN’s John King, ” Sanchez, King, ” Homebuyers, Powell, Jason Furman, Barack Obama’s, “ It’s, ” Furman, George H, Bush, Bill Clinton’s “, –, Clinton, Aaron Klein, ” Klein, Harris, she’s, Trump, they’re, ” Trump, Steve Moore, Powell sanctimoniously, ” Moore, ” Powell, Moore Organizations: CNN, Reserve, White House, Economic, of Washington, Financial, St, Louis Federal Reserve, Brookings Institution, “, Biden, Fed, SPAN Locations: trillions, Ukraine, Nevada, New York

☆ A’ja Wilson sets single-season rebound record, New York Liberty and Minnesota Lynx clinch top seeds
▼ + stars: | 2024-09-18 | by ( Jamie Barton | ) edition.cnn.com time to read: +3 min

CNN —Las Vegas Aces superstar A’ja Wilson broke the WNBA single-season rebound record on Tuesday, picking up seven boards in an 85-72 win over the Seattle Storm. Despite making history once again on Tuesday night, Wilson was relatively indifferent to the record. Liberty and Lynx lock top two seedsMinnesota Lynx guard Kayla McBride shoots a layup against the Connecticut Sun. The Lynx are the hottest team in the league, having won seven in a row and going 13-1 since the Olympic break. Tuesday night’s WNBA scoresAway @ home (winners in bold)Minnesota Lynx 78-76 Connecticut SunNew York Liberty 87-71 Washington MysticsChicago Sky 70-86 Atlanta DreamLas Vegas Aces 85-72 Seattle StormPhoenix Mercury 85-81 Los Angeles Sparks

Persons: A’ja Wilson, Angel Reese, Wilson, I’m, “, Becky Hammon, ”, Kayla McBride, Erica Denhoff, Bridget Carleton, Napheesa Collier, Carleton, –, Alyssa Thomas ’, Betnijah Laney, Hamilton, Ariel Atkins, Scott Taetsch, Breanna Stewart Organizations: CNN, Las Vegas Aces, WNBA, Seattle Storm, Chicago Sky, Aces, Las Vegas, Sky, Connecticut Sun, Dallas Wings, ” Aces, Houston Comets, Liberty, Lynx, Minnesota Lynx, New York Liberty, Eastern Conference, Washington Mystics, New York, Mystics, Connecticut Sun New York Liberty, Washington Mystics Chicago Sky, Seattle Storm Phoenix Mercury, Angeles Sparks Locations: New

☆ This $1,400 luggage is the hottest quiet status symbol for celebrities and wealthy travelers. The more beat up it looks, the better.
▼ + stars: | 2024-09-18 | by ( Brittany Chang | ) www.businessinsider.com time to read: +10 min

If you don't recognize the brand's name, you might know its iconic grooved aluminum luggage. LVMH acquired the now-126-year-old German company in 2016Hugues Bonnet-Masimbert, CEO of Rimowa, told BI that the company's buyers are split evenly between male and female. Brittany Chang/Business InsiderRimowa gave rise to two of the largest hard-shelled luggage trends when it debuted its aluminum luggage in the 1920s and its polycarbonate options eighty years later. (Hugues Bonnet-Masimbert, CEO of Rimowa, told BI that the company is constantly monitoring and improving its quality.) Brittany Chang/Business InsiderJust don't bring your luggage in for repairs when it inevitably gets scuffed up.

Persons: —, John Baptist's, he's, Martha Stewart, Rodger Federer, Billie Eilish, Baptist, John Baptist It's, LVMH, Hugues Bonnet, Brittany Chang, Louis Vuitton, Tiffany, Bernard Arnault's, Rimowa, they've, Tania Antonenkova, Tania Antonenkova Tania Antonenkova, Birkin, she's, Antonenkova, Carter Smith, Smith, doesn't, Haines, Masimbert, Vanessa Garoute, Garoute, Vanessa Garoute Garoute, — she's, you'll, Jane Birkinifying Organizations: Service, Business, York City Locations: Los Angeles, China, Europe, Asia, North America, Germany, Miami, Vegas, France, Rimowa's, York

☆ Elon Musk boosts fake Trump rally bomb threat and false claims about the election
▼ + stars: | 2024-09-18 | by ( Liam Reilly | ) edition.cnn.com time to read: +4 min

New York CNN —Elon Musk is using his social media platform to promote misinformation about the presidential candidates in the lead up to the November election, amplifying false claims Wednesday about a Trump rally bomb threat and immigrants eating pets in Ohio. Then on Wednesday, Musk reshared a bogus claim that a bomb had been discovered near the site of a planned Trump rally in Long Island. Musk’s own post has been earmarked with a crowd-sourced “community notes” fact-check that makes clear the claim was false. X did not respond to a CNN request for comment Wednesday on Musk’s posts. Musk is far from the only figure spreading false information on the platform, though he is easily one of its biggest voices.

Persons: New York CNN — Elon, Donald Trump, Musk, Biden, Kamala, ”, Kamala Harris, Musk’s, Trump, JD Vance, Nate Silver, Silver, Harris Organizations: New, New York CNN, Trump, ABC, Long Island . Police, CNN, Twitter Locations: New York, Ohio, Long Island, Springfield , Ohio, Springfield, Nevada , Wisconsin , Michigan, Pennsylvania

While top executives from Alphabet , Meta and Microsoft are headed to Capitol Hill on Wednesday for a hearing on election threats, Elon Musk's X won't be participating. A representative for Sen. Mark R. Warner, the Democratic chair of the Senate Intelligence Committee, said in an emailed statement that X "declined to send an appropriate witness." The hearing is titled "Foreign Threats to Elections in 2024 — Roles and Responsibilities of U.S. Tech Providers." On Wednesday, Musk shared a false story on X that claimed explosives were found in a car near Trump's planned rally in Long Island, New York. "Under X, they are absent and some of the most egregious activity has taken place" on the platform, Warner said.

Persons: Elon Musk's, Sen, Mark R, Nick Pickles, Pickles, Kent Walker, Nick Clegg, Brad Smith, Marco Rubio, Joe Biden, Donald Trump, Biden, Merrick Garland, Musk, Kamala Harris, Harris, Warner Organizations: Microsoft, Capitol Hill, Warner, Democratic, Senate Intelligence, X, CNBC, U.S . Tech Providers, Republican, Social Design Agency, U.S . Department, Foreign Assets, Nassau County police, SpaceX, FAA Locations: Russian, Russia, Iran, China, Long Island , New York, Nassau County

☆ Telling stories that go beyond the 24-hour news cycle
▼ + stars: | 2024-09-18 | by ( Business Insider Press Room | ) www.businessinsider.com time to read: +1 min

Business Insider is pleased to announce that Erica Berenstein, deputy editor in chief and head of video, will moderate a panel at The Frontline Club in London on Thursday, October 3rd at 7pm GMT. The discussion will focus on how journalists can tell stories that go beyond the 24-hour news cycle and will include a panel of distinguished reporters from the BBC, The New York Times and Reuters. Berenstein will be accompanied by former BBC Newsnight producer, Sam McAlister, who arranged the programme's groundbreaking interview with Prince Andrew. The New York Times international correspondent, Megan Specia and Reuters' text and video journalist, Stephen Farrell, of Reuters, will also feature as panelists. The Frontline Club is based in Paddington, Central London and has hosted some of the biggest names in British journalism over the years and Business Insider is excited to contribute to its rich history.

Persons: Erica Berenstein, Sam McAlister, Prince Andrew, Megan Specia, Stephen Farrell Organizations: Frontline, BBC, The New York Times, Reuters, Business Locations: London, Paddington, Central London

Combs on Tuesday pleaded not guilty to each count: racketeering conspiracy, sex trafficking and transportation to engage in prostitution. The lawsuit accuses Combs and other defendants of sex trafficking, human trafficking, sexual assault, gender-motivated violence, sexual harassment, gender discrimination and a hostile work environment. Diddy is not accused of sexual assault in the lawsuit but is included in allegations of liability and aiding and abetting. Lampros accuses Combs of four instances of sexual assault from the mid-1990s to the early-2000s. July 3: Adria English, a former adult film actress, accuses Combs of sex trafficking and sexual assault in a federal lawsuit filed in New York.

Persons: CNN —, Sean “ Diddy ” Combs, Combs, Combs ’, Diddy, Casandra, Cassie ” Ventura, Ben Brafman, Mr, “, ”, Ventura, ” Combs, Brafman, Joi Dickerson, Neal, Liza Gardner, Aaron Hall, Guy, Gardner, Instagram, Jane Doe, ” Douglas, Wigdor, Rodney “, Rod ” Jones, Jones, Shawn Holley, Sean, Aaron Dyer, Christian Combs, Grace O’Marcaigh, Dyer, ” Sean Combs, Cassie Ventura, Ventura –, I’m, Meredith Firetog, Cassie, ‘, ’, Firetog, Crystal McKinney, drugging, Lampros, Eric Adams, Adams, Howard, Sean Combs, ” Jonathan Davis, Singer Dawn Richard, Danity Kane, Combs “, ” Ventura, Erica Wolff, Richard, Christine Cornell, Prosecutors, CNN’s Nicki Brown, John Miller, Eric Levenson, Alli Rosenbloom, Kristina Sgueglia, Lisa Respers France, Sandra Gonzalez Organizations: CNN, Prosecutors, Howard University, Ventura, New York Supreme, Syracuse University, Diddy, of, Homeland Security, InterContinental, MTV, New York’s Fashion Institute of Technology, Howard University’s, Sean Combs Foundation, Adria Locations: Los Angeles, Miami, New York City, Here’s, New York, Southern, of New, Century City, Ventura

☆ Teamsters union says it will not endorse Harris or Trump in 2024 presidential election
▼ + stars: | 2024-09-18 | by ( Josephine Rozzelle | ) www.cnbc.com time to read: +4 min

The International Brotherhood of Teamsters on Wednesday announced it will not formally endorse a candidate in the 2024 presidential election, ending months of speculation about whether the labor union would back Republican Donald Trump or Democrat Kamala Harris. With 1.3 million members, the Teamsters union is one of the largest labor groups in the country. "As the strongest and most democratic labor union in America, it was vital for our members to drive this endorsement process. In a national survey of Teamsters members conducted after the Sept. 10 presidential debate, union members overwhelmingly backed Trump over Harris, 58% to 31%, according to results published by the union ahead of its formal endorsement. "'Right to work' laws only exist to try to kill labor unions," Teamsters General Secretary-Treasurer Fred Zuckerman said in the statement.

Persons: Sean O'Brien, Republican Donald Trump, Kamala Harris, Harris, O'Brien, it's, Trump, Joe Biden, Biden, Fred Zuckerman, O'Brien —, Lauren Hitt Organizations: International Brotherhood of Teamsters, UPS Teamsters, UPS, Brotherhood of Teamsters, Wednesday, Republican, Trump, Teamsters, Big, Democratic, Republican National Convention, Republicans, Independents, International Union, Railway Labor, Union, Democratic National Convention, RNC, CNBC, New York City Locations: Brooklyn , New York, America, New York

☆ Harvey Weinstein pleads not guilty to new sexual assault charge in New York stemming from new indictment
▼ + stars: | 2024-09-18 | by ( Alli Rosenbloom | Aaron Cooper | ) edition.cnn.com time to read: +2 min

CNN —Harvey Weinstein has pleaded not guilty to one count of a criminal sex act in the first degree after he was indicted by a grand jury earlier this month. The indictment was unsealed after it was initially announced during a court hearing last Thursday. An attorney for the woman whose grand jury testimony served as the basis of the new indictment said she intends to testify at trial. Prosecutors in New York began presenting the case to the grand jury in August. His conviction was overturned by the New York Court of Appeals in April, citing violation of Weinstein’s constitutional rights at trial.

Persons: CNN — Harvey Weinstein, Weinstein, Prosecutors, “ Ms, Doe, ” Lindsay M, Jane Doe, which, Harvey, ” Juda, ” Weinstein Organizations: CNN, Prosecutors, New York, New, Appeals Locations: New, Los Angeles

☆ Trump says he will meet with Indian Prime Minister Narendra Modi next week
▼ + stars: | 2024-09-18 | by ( Charmaine Jacob | In Charmainemariajacob | ) www.cnbc.com time to read: +1 min

India's Prime Minister Narendra Modi shakes hands with former U.S. President Donald Trump before a meeting at Hyderabad House in New Delhi on February 25, 2020. Republican nominee Donald Trump said Tuesday that he will meet Indian Prime Minister Narendra Modi next week. I mean, fantastic, man," Trump said at at town hall in Flint, Michigan. As president, Trump visited India in 2020, vowing to boost trade ties between the two countries. The Indian prime minister is also slated to attend and speak before the United Nations General Assembly in New York.

Persons: Narendra Modi, Donald Trump, Trump, Modi, Joe Biden Organizations: India's, U.S, Republican, Indian, Indian Embassy, CNBC, United Nations General Assembly Locations: Hyderabad, New Delhi, India, Flint , Michigan, Washington, U.S, China, Wilmington , Delaware, New York

☆ MrBeast’s production company and Amazon are being sued for alleged harassment of contestants on his reality show
▼ + stars: | 2024-09-18 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

It features “over 1,000 contestants, $5,000,000 prize, and many other world records,” the creator MrBeast, whose real name is Jimmy Donaldson, said at the time. The 54-page document describes allegations of players being subjected to “unreasonable, unsafe, and unlawful employment conditions” that led to “several” contestants being hospitalized. Last month, a New York Times report detailed some claims of dangerous conditions from unnamed contestants on the set of the show hosted by the 26-year-old Donaldson. MrBeast nor Amazon immediately responded to CNN’s request for comment about the lawsuit. In recent years, each of his videos easily surpasses 100 million views, and at times has pushed half a billion.

Persons: MrBeast, Jimmy Donaldson, Donaldson, ” Organizations: New, New York CNN, YouTube, Amazon, Amazon Prime, New York Times, Times, Beast, Netflix Locations: New York, Los Angeles, Nevada, Las Vegas

☆ Stock futures rise as traders weigh Fed’s super-sized rate cut: Live updates
▼ + stars: | 2024-09-18 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +1 min

U.S. stock futures rose Wednesday night as traders digested the Federal Reserve's earlier decision to lower interest rates by a half percentage point. Dow Jones Industrial Average futures rose 100 points, or 0.2%. Futures tied to the S&P 500 and Nasdaq 100 climbed 0.4% and 0.5%, respectively. Both the S&P 500 and 30-stock Dow initially rallied to new record highs right after the Fed announced its interest rate cut decision. "The market was thinking to itself, if you go 50, another 50 has a high likelihood.

Persons: Tom Porcelli, that's, he's, Porcelli, homebuilder Lennar Organizations: New York Stock Exchange, Federal, Dow Jones Industrial, Nasdaq, Fed, Dow, Darden, FedEx, homebuilder, Traders Locations: U.S

☆ Hershey is turning its candy into energy drinks and protein powders
▼ + stars: | 2024-09-18 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —With its line-up of sweet snacks, Hershey isn’t known as a purveyor of diet foods. As the use of weight-loss drugs — notably Ozempic and Wegovy — grows, the 130-year-old confectionery company is adjusting to this new era by pushing further into the wellness category with protein powders and energy drinks in popular candy flavors. Hershey’s namesake milk chocolate and Reese’s peanut butter and chocolate will soon be sold as protein powders and its Jolly Rancher candies will be turned into bubbly energy drinks. Energy drinks, which are most often bought by millennial and Gen Z customers, have “a lot of affinity” with Hershey’s products, Cunningham told CNN. C4 has already had success with using flavors from Skittles, Starburst and Popsicle for its other energy drinks.

Persons: Hershey, —, “, ”, Doss Cunningham, Red Bull, Cunningham, ” Cunningham, Andrea Hernández, Hernández, Hershey’s Organizations: New, New York CNN, Hershey Company, C4 Energy, Red, Energy, CNN, Kroger, Walmart, Hershey, One Locations: New York, “, United States, Amazon

☆ Hedge fund titan Steve Cohen is no longer trading stocks. Here's why it's an important milestone for the $4 trillion industry.
▼ + stars: | 2024-09-18 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +5 min

The news from Bloomberg that billionaire Point72 founder and legendary stockpicker Steve Cohen will no longer trade his book for the $35 billion fund Tuesday is paradoxically both shocking and expected. Of the big multi-strategy managers, the fact Cohen was still managing a book set him apart from his main competitors. Will there be another Steve Cohen? Cohen launched SAC with $20 million in 1992; new funds today need exponentially more to justify leaving seats at funds like Point72. Fictional hedge fund manager Bobby Axelrod, played by Damian Lewis, was loosely based on Steve Cohen.

Persons: —, Steve Cohen, Cohen, they've, — Cohen, He's, Point72, Ken Griffin, Izzy Englander, Dmitry Balyasny, Steve, he's, it's, Bobby Axelrod, Damian Lewis, Vincent D'Onofrio, Guy Fieri Organizations: Service, SAC Capital, Bloomberg, Business, SAC, MLB, New York Mets, Citadel, Academy, Tiger Cubs, Viking, Wall Street, Showtime, GameStop, Food Locations: Connecticut

☆ YouTube's CEO on hefty creator payouts, election deniers, and the NBA: Q&A
▼ + stars: | 2024-09-18 | by ( Peter Kafka | ) www.businessinsider.com time to read: +11 min

Why do you think that's the case? Have you thought about how you're going to handle people saying that the election was fraudulent? Related storiesIt's not what gets talked a lot about, but that's actually what users experience. But there's going to be people who go, "What happened to so-and-so conspiracy theorist? I'd heard, and I think there's been some reporting out that you guys made an offer for that package.

Persons: We've, Neal Mohan, Mohan, —, Snapchat, they're, we've, They're, it's, Donald Trump, that's, Rudy Giuliani, what's, I've, I'd, there's Organizations: Service, YouTube, Google, CNN, New York Times, Fox News, ABC, Elon Musk, Twitter, NBA, Warriors Locations: India

☆ Your favorite stocks may soon be quoted in half-penny increments – which could cut trading costs
▼ + stars: | 2024-09-18 | by ( Bob Pisani | ) www.cnbc.com time to read: +1 min

Traders work on the floor of the New York Stock Exchange during afternoon trading on September 05, 2024 in New York City. Michael M. Santiago | Getty ImagesInvestors may soon see their favorite stocks quoted in half-penny increments. The U.S. Securities and Exchange Commission will vote Wednesday to change the minimum pricing increment for many large-cap stocks, likely to allow for pricing increments of a half-cent. Currently, the minimum pricing increment — or tick size — for most stocks is one cent. In 1997, the minimum tick size went from an eighth of a dollar to a sixteenth, or 6.25 cents.

Persons: Michael M, That's Organizations: New York Stock Exchange, Santiago, Getty, U.S . Securities, Exchange Locations: New York City

☆ I always knew I wanted to launch a startup in India — so I made 2 key career moves in the US first to minimize the risks
▼ + stars: | 2024-09-18 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +6 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThis as-told-to essay is based on a conversation with Rohan Bhide, who moved from New York to Pune, India in 2024 to launch his startup. We knew we wanted to settle down in India, and our wedding next year became a deadline to get the ball rolling. We are working on launching a consumer tech product in the next few months. Even though I'm glad to be back in India, I definitely think the US is my second home now.

Persons: —, Rohan Bhide, Sunny Doultani, I've Organizations: Service, University of Pennsylvania, Business, Meta, Google, Big Tech Locations: New York, Pune, India, Silicon, StubHub

☆ Some of OpenAI's top new executives are a nod to its upcoming fights in the courtroom and Washington
▼ + stars: | 2024-09-18 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

This story is available exclusively to Business Insider subscribers. Jason Redmond/AFP/Getty ImagesA good chunk of the executives Darius highlighted aren't involved in OpenAI's tech. Some of OpenAI's most high-profile executives are instead addressing legal challenges and lobbying regulators in the US and abroad. It's a nod to the fact OpenAI's biggest upcoming fights will take place in a courtroom as opposed to a computer screen. Luckily for you, Business Insider has identified the most famous book set in every state.

Persons: —, Tyler Le, Sam Altman, Altman, he's, Darius Rafieyan, OpenAI, Darius, it's, Jason Redmond, aren't, It's, Justin Trudeau's, Somodevilla, Warren Buffett, David Einhorn, Chelsea Jia Feng, Amazon's, Natalie Ammari, Harris, Jamie Dimon, Dimon, Harvey Weinstein, world's, Dan DeFrancesco, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Service, Business, Apple, Getty, OpenAI, BMO Capital Markets, Healthcare, Amazon, Google, Trump, Facebook, Reading, Fed, The Locations: AFP, New York, London

☆ National Cheeseburger Day: Here are the deals to relish
▼ + stars: | 2024-09-18 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Wednesday is National Cheeseburger Day, with some of the biggest chains offering some much-needed discounts amid consumer complaints about rising prices. It’s part of company’s string of deals to kickstart slumping sales, including recently extending its popular $5 value meal until December. Fast food has been a low-profit margin business with little customer loyalty. McDonald’s pricey burgers have become a flashpoint of criticism and a symbol of elevated fast food prices. So deals are particularly crucial to fast food companies at the moment to lure customers back.

Persons: they’re, Burger King, Jack, Jack ” cheeseburger, ”, Joe Erlinger Organizations: New, New York CNN, Wednesday, McDonald’s Locations: New York, White, McDonald’s USA

☆ Opening Bell: September 18, 2024
▼ + stars: | 2024-09-18 | 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 EmailOpening Bell: September 18, 2024Watch the opening bell for the New York Stock Exchange and the Nasdaq from September 18, 2024.

Organizations: New York Stock Exchange, Nasdaq

☆ Thursday's big stock stories: What's likely to move the market in the next trading session
▼ + stars: | 2024-09-18 | by ( Jason Gewirtz | ) www.cnbc.com time to read: 1 min

Traders work on the floor of the New York Stock Exchange on September 18, 2024 in New York City. Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here's what CNBC TV's producers were watching as the Federal Reserve slashed rates by a half point on Wednesday and what's on the radar for the next session.

Persons: what's Organizations: New York Stock Exchange, CNBC, Federal Reserve Locations: New York City

☆ These are the '50 best hotels' in the world for 2024
▼ + stars: | 2024-09-18 | by ( Chris Dwyer | ) www.cnbc.com time to read: +7 min

That's the collective view of 600 anonymous global voters, comprising travel journalists, hoteliers and seasoned travel specialists, which determined the results of " The World's 50 Best Hotels ," announced Tuesday in London's historic Guildhall. Capella Bangkok is the new "best hotel" in the world, according to the 50 Best organization. It has long produced rankings in the culinary world, releasing "The World's 50 Best Restaurants" since 2002, and 'The World's 50 Best Bars' since 2009. The Art of Hospitality Award went to Morocco's Royal Mansour, and the Best Beach Hotel Award went to Soneva Fushi in The Maldives. Members of the 50 Best organization "do not vote and do not control the composition of the list," Emma Sleight, head of content for The World's 50 Best Hotels told CNBC.

Persons: Mauro Colagreco, Bangkok's Chao, John Blanco, it's, Josephine Ping, It's, Hong Kong Cheval, Singapore Aman, Japan Soneva, France Chablé, Italy Borgo, São, Japan Mount, Carlyle, Eden, Royal Mansour, Lisciano, Italy Suján, India Singita –, Brando, Tetiaroa, Mount Nelson, Bulgari, Morocco's Royal Mansour, Soneva, Aman, Sonia Cheng, Emma, — Organizations: Michelin, Capella, CNBC, Italy Rosewood, Hong Kong Raffles, Maldives Atlantis, Thailand Raffles, UAE Rosewood, Hyatt Kyoto, Seasons Madrid, Spain Capella Singapore, Surf, Bel, Scotland, Kruger, Park, Australia Kokomo, Asia — Capella, America Rosewood, Oceania, Raffles London, Atlantis, Hospitality, Morocco's, Eco, luxe, Rosewood Hotel, Hotels Locations: London's, Capella Bangkok, Kings, Italy's Lake Como, Bangkok, Thailand, Lake Como, Italy, Italy Rosewood Hong Kong, Hong Kong, Hong Kong Cheval Blanc , Paris, France, Hong Kong Raffles Singapore, Singapore, Singapore Aman Tokyo, Tokyo, Japan, Japan Soneva Fushi, Maldives, Dubai, UAE, Sumba, Sumba Island, Indonesia Claridge's, London, Thailand Raffles London, Chao Phraya, Crillon, Paris, Chocholá, Mexico, Antibes, Maya, Florence, Amalfi, Bali, Indonesia, Lana, Paulo, São Paulo, Brazil, Brisbane, Australia, Siam, Kyoto, Japan Mount Nelson, Cape Town , South Africa, Riviera Nayarit, Carlyle , New York, U.S, Mamounia, Marrakech, Morocco, Madrid, Spain, Surfside, Los Angeles , U.S, St, Barths, Caribbean Aman New York , New York, Galle, Sri Lanka, Bristol, Auchterarder, Lisciano Niccone, Italy Suján Jawai, Rajasthan, India, South, Zighy, Oman, Connaught, UK, Polynesia, Tulum, Tasman, Hobart, Yaukuve Levu, Fiji, Asia, Europe, North America, Africa, Oceania, South America, Asia — Capella Bangkok, America, Yucatan, America Rosewood Sao Paulo, New York, Bulgari Tokyo, Istanbul, The Maldives

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