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☆ Opinion: What made Duke Ellington a true genius
▼ + stars: | 2024-04-27 | by ( Opinion Sammy Miller | ) edition.cnn.com time to read: +8 min

CNN —This spring marks both the 50th anniversary of Duke Ellington’s death, and what would have been his 125th birthday. I use their particular ways of expressing themselves and it all becomes part of my own style.”To know Duke Ellington is to know his band — although few can name its other members today. Composer and bandleader Duke Ellington hovers over fellow pianist and band member Billy Strayhorn in this 1948 photograph. “Ellington plays the piano, but his real instrument is the band,” Strayhorn said. If it involved music, Ellington gave it a shot, always with his band in tow.

Persons: Sammy Miller, Duke Ellington’s, Duke ”, Ellington, “, ” Ellington, Duke Ellington, Sonny Greer, Greer, Miley, Jimi Hendrix’s, Harry Carney, Billy Strayhorn, Strayhorn, “ Ellington, ” Strayhorn, ”, Juan Tizol, Lawrence Brown, Clark Terry, — Organizations: Juilliard, CNN, New, Washington D.C, Harlem Renaissance, Ellington, Getty Locations: Harlem, New York, Washington, New Orleans, Pittsburgh, Sugar

☆ Paramount CEO Bob Bakish could be out as soon as Monday as Skydance merger talks continue
▼ + stars: | 2024-04-27 | by ( Alex Sherman | ) www.cnbc.com time to read: +2 min

Paramount Global's board is preparing to fire Chief Executive Officer Bob Bakish as soon as Monday morning, according to people familiar with the matter. Paramount Global reports its quarterly earnings Monday. Bakish has lost the trust of Paramount Global controlling shareholder Shari Redstone, according to people familiar with her thinking. Paramount and Skydance have been making headway on a final deal, under which Bakish would leave Paramount, CNBC reported Thursday. Skydance intends to name its CEO David Ellison to helm Paramount, according to people familiar with the matter.

Persons: Bob Bakish, Bakish, Shari, Skydance, David Ellison Organizations: Viacom Inc, Mobile, Paramount, Paramount Global, Skydance Media, Charter Communications, Skydance, CNBC Locations: Los Angeles , California, U.S

☆ Stocks making the biggest moves premarket: Alphabet, Microsoft, Intel, Snap and more
▼ + stars: | 2024-04-26 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

Earnings of $1.89 per share topped the $1.51 in earnings per share anticipated by analysts polled by LSEG. Revenue of $80.54 billion topped expectations of $78.59 billion. Revenue of $83.08 billion topped estimates of $78.35 billion. Otherwise, Chevron's earnings of $2.93 per share topped the consensus estimate of $2.87 in earnings per share. Charter Communications — The broadband and cable provider dropped 3.4% after first-quarter earnings came in weaker than anticipated.

Persons: Snap's, Chevron's, LSEG, AutoNation, AbbVie, Skechers, FactSet, — CNBC's Michelle Fox, Alex Harring, Tanaya Macheel, Jesse Pound Organizations: Microsoft, LSEG, Intel —, Intel, Exxon Mobil, Chevron, Colgate, Palmolive, Revenue, Charter Communications, Charter Locations: LSEG .

Paramount is preparing to announce the departure of its chief executive, Bob Bakish, as soon as next week, according to three people with knowledge of the matter, a sudden development that would come even as company is exploring a merger. Ms. Redstone grew frustrated with what she saw as his inability to get important deals across the finish line, including a sale of the Showtime and BET cable channels, the people said. The company is in talks to merge with Skydance, a media company controlled by the tech scion and Hollywood producer David Ellison. It is also negotiating a lucrative deal to keep channels like Nickelodeon and MTV on the Charter cable system. The Wall Street Journal earlier reported that Paramount’s board was considering replacing Mr. Bakish.

Persons: Bob Bakish, Bakish’s, Shari Redstone, David Ellison, Bakish Organizations: Paramount, Showtime, BET, Nickelodeon, MTV, Street

☆ Stocks making the biggest moves midday: Microsoft, Alphabet, Exxon Mobil, Snap and more
▼ + stars: | 2024-04-26 | by ( Hakyung Kim | ) www.cnbc.com time to read: +3 min

Earnings of $1.89 per share beat the $1.51 in earnings per share anticipated by analysts polled by LSEG. Exxon Mobil — The energy stock fell more than 2% after Exxon Mobil posted first-quarter adjusted earnings that missed analysts' forecasts. Revenue of $83.08 billion topped estimates of $78.35 billion. ResMed — Shares soared 17% after fiscal third-quarter results topped analysts' estimates. Snap — Shares soared 28% after the social media company posted adjusted earnings and revenue that defied analysts' expectations, per LSEG.

Persons: FactSet, LSEG, Skechers, Roku, Rowe Price, —, Samantha Subin, Alex Harring, Lisa Kailai Han, Sarah Min Organizations: Microsoft —, Google, LSEG, Exxon Mobil, Intel, Revenue, Charter Communications, Technologies, Management Locations: LSEG .

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

☆ Net neutrality is back as FCC votes to regulate internet providers
▼ + stars: | 2024-04-25 | by ( Brian Fung | ) edition.cnn.com time to read: +6 min

The net neutrality regulations adopted Thursday by the Federal Communications Commission prohibit providers such as AT&T, Comcast and Verizon from selectively speeding up, slowing down or blocking users’ internet traffic. And for the first time, the FCC said it would step in to override state or local policies that conflict with the federal net neutrality rule. “The Title II authority will ensure that broadband providers are properly overseen by the FCC like all telecommunications services should be. “These 400-plus pages of relentless regulation are proof positive that old orthodoxies die hard,” said Jonathan Spalter, CEO of USTelecom, a trade association representing internet providers. As a result, the outcome of a legal challenge to the FCC’s net neutrality rules could have potentially broad ramifications for other US regulatory bodies, not just the FCC.

Persons: Trump, Jessica Rosenworcel, Rosenworcel, ” Rosenworcel, ”, Justin Brookman, Biden, Jonathan Spalter, Brendan Carr Organizations: Washington CNN, Federal Communications Commission, Comcast, Verizon, Democratic, FCC, “, Consumer, Trump, Republican, Communications Locations: unwound, Washington, America

☆ ‘Heart-breaking’: Refugees once detained offshore by Australia warn the UK government not to push through its Rwanda policy
▼ + stars: | 2024-04-22 | by ( Antoinette Radford | ) edition.cnn.com time to read: +11 min

The policy enjoys bipartisan political support in Australia, with both the coalition and Labor governments backing offshore detention. And on face value, the UK’s proposed offshore detention policy follows a similar model to that of Australia. Australia’s own offshore detention policy has been heavily criticized and fraught with controversy – but still seems to exert considerable appeal for some UK politicians. Another difference between two nations stems from the fact Australia does not have a human rights charter, Tubakovic said. She notes that the UK is still bound by human rights obligations, particularly as a signatory to the European Convention on Human Rights.

Persons: CNN — “, Behrouz Boochani, “, ”, Boochani, Mostafa Azimitabar –, –, ” Azimitabar, Rwanda Bill, Dan Kitwood, Rishi Sunak, Tony Abbott, Jonas Gratzer, Alexander Downer, Downer, Tamara Tubakovic, “ It’s, Tubakovic, David Gray, ” Tubakovic Organizations: CNN, Kurd, European, of Human, Australia’s Department of Home Affairs, Labor, Refugee Council of Australia, ‘, Conservative, English Channel, UK Border Force, University of Melbourne, University of Oxford, Human Rights, of Human Rights, UN, Reuters Locations: New Zealand, Papua New Guinea, Iran, Indonesia, Australia, Nauru, Manus, Melbourne, United Kingdom, Rwanda, England, Britain, British, France, Sydney

☆ Paychecks, Drafts and Firings: The Possible Future of College Sports
▼ + stars: | 2024-04-22 | by ( Billy Witz | ) www.nytimes.com time to read: +1 min

As Elijah Higgins sat on a witness stand this week, he detailed the similarities between his experience last season as a rookie tight end for the Arizona Cardinals and the four years he had spent playing football at Stanford University. Five or six days a week at each level of play, he was immersed in football activities: lifting weights, practice, film study, physical therapy and playing games. There are some differences, Higgins allowed. The only other distinction is that, in contrast to Stanford, he now earns a paycheck. last season was $750,000.

Persons: Elijah Higgins, Higgins Organizations: Arizona Cardinals, Stanford University ., National Football League, Stanford

☆ The US dollar is strengthening. Here’s what’s driving the rally and what it means for Americans
▼ + stars: | 2024-04-21 | by ( Bryan Mena | ) edition.cnn.com time to read: +7 min

What does the dollar rally mean internationally? The US Commerce Department releases March figures on new orders for durable goods. The US Commerce Department releases its first estimate of first-quarter gross domestic product. The US Labor Department reports the number of new applications for unemployment benefits in the week ended April 20. The US Commerce Department releases March figures on household spending, income and the Fed’s preferred inflation gauge.

Persons: it’s, Michelle Bowman, Bell, Claudio Irigoyen, It’s, Samantha Delouya, ”, eMarketer, Ross Benes, Wall, Read, Lockheed Martin, Raymond James, Northrop Organizations: Washington CNN, Federal Reserve, Bank of America, Netflix, Verizon, Truist, Albertsons, The Chicago Fed, Visa, Tesla, Pepsico, Novartis, UPS, Lockheed, Banco Santander, Spotify, General Motors, Halliburton, Global, US Commerce Department, Meta, IBM, Boeing, Chipotle, Hilton, Ford, Hasbro, Whirlpool, Wyndham, Microsoft, Mobile, Caterpillar, Comcast, Intel, P Global, Honeywell, Gilead, Northrop Grumman, Valero, Capital, Nasdaq, Southwest Airlines, American Airlines, Citizens Financial, US Labor Department, National Association of Realtors, Bank of Japan, Exxon Mobil, Chevron, HCA Healthcare, Colgate, Palmolive, Phillips, Charter Communications, University of Michigan Locations: Europe, Japan, China, Roku

☆ 6 portfolio stock earnings and the Fed's favorite inflation gauge dominate the week ahead
▼ + stars: | 2024-04-20 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

The Nasdaq sank 2% on Friday as Netflix dropped nearly 11% post-earnings and Club stock Nvidia fell 10%, entering bear market territory but still up more than 50% in 2024. Following a much stronger-than-expected March retail sales report last month, fresh economic data and six Club stock earnings will take center stage in the week ahead. While lower rates may help stock multiples, that is not a sustainable path to higher equity prices over time. Earnings : The latest quarterly reporting season is starting to ramp into high gear with six Club names set to report next week. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Dow, Jerome Powell, Jim Cramer, Mark, Meta, Bing, Ford, Vimal, Lockheed Martin, Clark, Philip Morris, Sherwin, Williams, Baker Hughes, Lam, Northrop, Dr Pepper, CARR, Edwards Lifesciences, Jim Cramer's, Jim, Michael M Organizations: Nasdaq, Netflix, Nvidia, Dow Jones, Federal, Fed, Hamas, Gross, Google, Reality Labs, General Motors, Honeywell, Microsoft, Verizon Communications, Albertsons Companies, SAP, Cadence Design Systems, United Parcel Service, General Electric, GE, PepsiCo, Lockheed, Spotify Technology, RTX Corporation, JetBlue Airways, Halliburton, HAL, Philip Morris International, Quest Diagnostics, Texas Instruments, Seagate Technology, Mattel, Veralto Corporation, Boeing, General Dynamics, Boston, Hilton, Fisher, Otis Worldwide, IBM, Grill, Viking Therapeutics, Lam Research, Whirlpool, WM, Honeywell International, Royal Caribbean Cruises, American Airlines, Altria, Newmont, Caterpillar, Southwest Airlines, Myers Squibb, AstraZeneca, Mobileye, Northrop Grumman, CNBC, Comcast, Merck, Dow Inc, Carrier Global, Union Pacific, Intel, Western, Mobile, L3Harris Technologies, Exxon Mobil, Chevron, Colgate, Palmolive, HCA Healthcare, Charter Communications, Newell Brands, Jim Cramer's Charitable, Traders, New York Stock Exchange, Santiago, Getty Locations: Israel, Iran, Ukraine, destocking, China, Cleveland, Freeport, McMoRan, Kimberly, Masco, Bristol, New York City

☆ FAA investigating safety breaches after Colorado Rockies coach sat in a plane cockpit and joked about landing it during a United Airlines charter flight, reports say
▼ + stars: | 2024-04-20 | by ( Cameron Manley | ) www.businessinsider.com time to read: +4 min

"Flying the plane, here to Toronto," Meulens says as he gestures toward a pilot sitting beside him. Carlton said that United Airlines removed the pilots from service during the investigation. United Airlines and the FAA are yet to respond to Business Insider's request for comment, sent outside of regular working hours. On March 4, United Flight 1118 from Houston to Texas was forced to turn around after one of the plane's engines caught fire after take-off. A post-flight inspection revealed that United Flight 433 from San Francisco to Oregon on 15 March had lost an external panel.

Persons: —, Hensley Meulens, Meulens, Russell Carlton, Carlton, Chris Mullooly, Mullooly, Bud Black, Black Organizations: Service, Colorado Rockies, United Airlines, Federal Aviation Administration, FAA, Business, Rockies, The Denver Post, Airlines, Denver Post, United Airlines Boeing, Getty, United, Los Angeles International Airport, Boeing Locations: Denver, Toronto, Houston, Texas, San Francisco, Japan, Oregon

☆ A plane used to fly VIPs like King Charles made an emergency landing after windowpanes fell off
▼ + stars: | 2024-04-19 | by ( Mikhaila Friel | Taylor Rains | ) www.businessinsider.com time to read: +4 min

The Airbus plane had previously been used by King Charles, Queen Camilla, and other UK officials. AdvertisementA plane used by VIPs like King Charles and Queen Camilla had to make an emergency landing after three windowpanes fell out mid-flight. The lights, used to convey a sunrise, had been aimed at the windows for several hours at a time, the report said. A hole burned through one of the windows while five other windows were deformed after 2,000W lights were used, the report said. If high-intensity lights were used, it suggested keeping use to a minimum and away from windows.

Persons: King Charles , Queen Camilla, —, King Charles, Queen Camilla, Charles, Camilla, Charles III, Tim Rooke, Rishi Sunak, James Organizations: Titan Airways, Airbus, Service, Air, Investigation, Telegraph, Airport, British, Business, Investigation Branch, Boeing Locations: London, Orlando, British, France, Paris, Buckingham

☆ How the super rich will watch the 2024 Paris Olympics
▼ + stars: | 2024-04-18 | by ( Chrissie Mcclatchie | ) edition.cnn.com time to read: +10 min

Olympic luxury packages are already on sale, offering exclusive access to the sporting spectacle, alongside very upscale travel and accommodation experiences. And this year, there’s no bigger sporting event than the Paris 2024 Olympic Games. Tour operator Kensington Tours says it has two clients coming into Paris for the first seven nights of the Games. “Paris presents a wealth of opportunities for luxury travelers to indulge in during the Olympics,” Adto Teppa says. Pierre MonettaTo ensure their clients have access to Paris’ most prestigious hotels, many luxury travel advisers have made blanket bookings at properties across the city.

Persons: cher, Barnabas Carrega, “, ” Carrega, ’ Carrega, Ducasse, Alain Ducasse, won’t, They’ll, they’ll, AZA, Angela Adto Teppa, ” Adto Teppa, Palais, Paris, Andrea Galvez, ”, Galvez, Pierre Monetta, We’ve, Dave Guenter, Crillon, Nicolas De Gols, De Gols, Fraser Yachts, Askari, Patrick Locqueneux, Clément Bru, Charles de Brosses, Cookoon, “ We’ve, ” Bru, Henri Jayer Vosne, Domaine, Conti, de Mars, Simone Biles Organizations: CNN, Paris, CNN Travel, Michelin, Olympic, Kensington, Eiffel, Palais Garnier, Travel, Opera Ballet, Travel Group, Le Bristol Paris, Paris ’, Royal, Raffles, “, Royal Monceau’s, Nice, Tahiti, Fraser Locations: Paris, American, Alma, Kensington, Oahu, Hawaii, New York, Rosewood, Le Bristol, Raffles Paris, Marseille, Polynesia, Teahupo’o, Tahiti, Monaco, France, Burgundy

Although Leslie has been chipping away at her student loan debt for about 15 years, she says it's been worth it in order to pursue her passion. Leslie used her DoorDash side hustle to help pay down her student loan debt. Leslie used her early DoorDash earnings to eliminate her car loan, then began throwing the rest at her remaining student loan balance. "It was really important that I got a lot of my student loan debt taken care of because then I was able to dedicate that back into myself and my health and my mental wellness," she says. Working toward a debt-free futureAlthough Leslie says her student loan debt is at a more manageable level, she plans to continue working part-time as a DoorDash delivery driver for now.

Persons: Shonnita Leslie, Leslie, it's, It's, Roth, she'll Organizations: CNBC, Public, Fi Insurance, Hulu, Roth IRA Locations: Connecticut, Houston , Texas, Houston, Leslie's, Texas, DoorDash

☆ Boeing's fleet of 8 corporate jets spent some 4,500 hours in the sky flying company executives last year, data shows
▼ + stars: | 2024-04-17 | by ( Taylor Rains | ) www.businessinsider.com time to read: +5 min

Boeing's corporate planes collectively flew about 4,500 hours across some 1,800 flights last year, according to data from the aviation-tracking website JetSpy. Jet Edge InternationalThe fleet's top airports include Chicago International Airport, Washington Dulles International Airport, and Boeing Field King County International Airport — all located near Boeing's corporate offices and factories. AdvertisementThe locations of Boeing's corporate fleet on April 12, according to JetSpy data. For instance, JetSpy data shows aerospace company Lockheed Martin collectively flew its five private jets for about 2,700 hours in 2023. AdvertisementBoeing wrote in the filing that its CEO "is required to use company aircraft for all business and personal travel for security reasons."

Persons: —, Dave Calhoun, Calhoun, Brian West, Lockheed Martin, Taylor Swift, Elon Musk, Max, messier Organizations: Service, Business, Boeing Business Jets, Canadian, Bombardier, Challenger, Jet Edge, Chicago International Airport, Washington, International Airport, Boeing Field King County International, Airport, Lebanon Municipal Airport, Wall Street Journal, Boeing, Lockheed, PepsiCo, Costco, Alaska Airlines, Calhoun . Locations: Westchester, New York, Lebanon, New Hampshire, South Carolina, New Canaan , Connecticut, American

☆ Ex-CIA director says Israel could use 'covert' operations to retaliate against Iran's drone strikes without escalating the conflict
▼ + stars: | 2024-04-15 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

Read previewA former CIA director says Israel could take a covert, rather than an overt, response against the Iranian drone strikes that took place on Saturday. They can pursue asymmetric attacks, cyberspace, and so forth," former CIA director and retired general David Petraeus told CNN on Sunday. The airstrike had reportedly killed several top Iranian military commanders. AdvertisementAnd that, Petraeus told CNN on Sunday, isn't something that Iran wants to see. Representatives for Petraeus did not immediately respond to a request for comment from Business Insider sent outside regular business hours.

Persons: —, Israel, David Petraeus, Petraeus, BI's Rebecca Rommen, Mossad's, Brent Crude Organizations: Service, CIA, CNN, Business, United Nations, UN, NY, Atlantic Council, New York Times, Business Insider Locations: Washington, Iran, Israel, Jordanian, Iranian, Syria, Islamic Republic of Iran, Damascus, Tehran, Iraq's Kurdistan

☆ Israel vows to 'exact a price' after Iran's attack. Here's what analysts expect could happen
▼ + stars: | 2024-04-15 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +4 min

But Israel will need to strike a delicate balance, he noted, highlighting that "they don't want an overt conflict with Iran." Iran has said the attack on Israel was in response to an Israeli strike on its embassy compound in Damascus, Syria earlier this month. The Islamic regime has accused Israel of the April 1 attack which killed seven Iranian military personnel, including senior commanders. Israel and Iran have been at odds for decades, with Iran funding and supporting groups opposing Israel including Palestinian militant group Hamas. The ongoing conflict in Gaza has often been referred to as a proxy war between Israel and Iran.

Persons: Amir Cohen, Israel, Joe Biden, Ryan Bohl, Bohl, CNBC's, Biden, Benjamin Netanyahu, Benny Gantz, Amir Saeid Iravani, Bashar al, Assad, David Roche, Roche, Israel's, What's Organizations: Reuters, Middle East, Rane, NBC News, United Nations, Palestinian, Hamas, Yemeni, Independent, CNBC Locations: Gaza, Ashkelon, Israel, Reuters Israel, Iran, North Africa, Damascus, Syria, Tehran, United States

☆ The Masters Has Only One Black Golfer. It Didn’t Have to Be This Way. - The New York Times
▼ + stars: | 2024-04-14 | by ( Peter May | ) www.nytimes.com time to read: +2 min

When the Masters Tournament commenced on Thursday, featuring 89 competitors, there was exactly one Black golfer in the field: the one we all know, Tiger Woods. Beyond that, the field for the 88th Masters didn’t look all that different from the previous 87. Sifford, who is often referred to as the Jackie Robinson of golf, became the first Black P.G.A. remains woefully inaccessible to Black golfers and has made only marginal and inadequate efforts to diversify its ranks. The P.G.A.’s tournaments and its professional golf shops needs to take concrete steps to look more like the America it purports to represent.

Persons: Tiger, Charles Sifford, Stanley Mosk, Jackie Robinson, Sifford, Lee Elder, Calvin Peete, Jim Dent, Jim Thorpe Organizations: Golfers ’ Association of America, Golf, Professional Golf Association, Division Locations: California, America, Black

☆ See inside the Four Seasons' private Airbus jet which you can now charter for the first time for $115,000 a day
▼ + stars: | 2024-04-13 | by ( Pete Syme | ) www.businessinsider.com time to read: +1 min

Four Seasons has its own Airbus A321neoLR, typically used for set experiences. Now it's offering the 48-seat jet up for charter at a cost of $115,000. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. But now, for the first time, Four Seasons is offering its own Airbus A321neoLR for charter. Here's what the aircraft looks like and how the luxury firm is extending how it caters to the wealthy.

Persons: — Organizations: Airbus, Service

☆ Sean 'Diddy' Combs' son accused of groping female steward on luxury charter yacht
▼ + stars: | 2024-04-06 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +4 min

Read previewMusic mogul Sean "Diddy" Combs is once again entangled in legal problems related to sex crimes, AP reports. The plaintiff, Grace O'Marcaigh, filed a lawsuit against Sean Combs and his son, rapper Christian "King" Combs. In the suit, she alleges that Christian Combs assaulted her on a yacht chartered by his father in December 2022. Christian Combs' "penis was erect, and he grabbed her arms"The suit claims O'Marcaigh was then drugged and sexually assaulted by Christian Combs. AdvertisementThe suit accuses Sean Combs of intentionally failing to ensure a safe environment on the yacht.

Persons: —, Sean, Diddy, Combs, Sean Combs, Grace O'Marcaigh, Christian, King, Christian Combs, O'Marcaigh, Fraser, Aaron Dyer, Lucas Jackson Sean Combs, Rodney Jones Organizations: Service, Business, Los Angeles Superior Court, BI, REUTERS, Los Angeles, Superior Court Locations: The Bahamas

☆ Reed Hastings says he kept losing money as an investor so he sticks to owning Netflix stock and index funds
▼ + stars: | 2024-04-05 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In late January, he gifted 2 million Netflix shares worth $1.1 billion to the Silicon Valley Community Foundation. The donation slashed his direct stake in Netflix by about 40% to just under 3 million shares — a position valued at about $1.9 billion. The tech veteran's net worth is still around $6 billion, as he holds 3 million Netflix stock options and has sold about $2 billion worth over the years, per the Bloomberg Billionaires Index. Hastings has also donated vast amounts of money to education providers like charter schools and historically Black colleges and universities (HBCUs).

Persons: —, Reed Hastings, Tim Ferriss, I've, Hastings, Warren Buffett, Ferriss, Buffett, priding, Charlie Munger, Hastings —, he's Organizations: Service, Netflix, Business, Berkshire Hathaway, Hastings, Community Foundation, Bloomberg

☆ 6 months since Oct. 7, the Israeli-Hamas war in Gaza has produced no winners
▼ + stars: | 2024-04-05 | by ( Opinion Frida Ghitis | ) edition.cnn.com time to read: +8 min

Civilians in the southern part of the country, areas near the border with Gaza, were under a brutal, ongoing attack. Frida Ghitis CNNSix months after Hamas launched that deadly rampage, knowing that Israel’s response would be ferocious, there are only losers in this terrible war. It’s hard now to find many winners with the death toll mounting among Gazans and hunger growing in the strip. For Hamas, the fact that war continues may count as a victory, but thousands of Hamas’ fighters — the exact number is disputed — have been killed. Hamas — the Iran-allied group that rules Gaza — killed more than 1,200 Israelis and dragged back hundreds more as hostages.

Persons: Frida Ghitis, Benjamin Netanyahu, Joe Biden, José Andrés, Israel, Ahmad Gharabli, Israel —, ”, Netanyahu —, —, Netanyahu, Benny Gantz, Abraham Organizations: CNN, Washington Post, Politics, Frida Ghitis CNN, Hamas, Israeli, vise, —, Gaza, IDF, Getty, Israel, Abraham Accords Locations: Gaza, Israel, Europe, Iran, AFP, Egypt, United States

☆ The total solar eclipse is in less than a week away. People are scrambling to make – or change – plans
▼ + stars: | 2024-04-02 | by ( Terry Ward | ) edition.cnn.com time to read: +12 min

For some, plans for where to fly, drive and stay to hopefully catch a glimpse of the last total solar eclipse in the contiguous United States until 2044 have been in place for months or even years. The total solar eclipse’s path of totality — where the moon completely blocks the face of the sun — stretches across portions of 13 US states as well as parts of Canada and Mexico. A view from a plane during an eclipse flight from the Russian city of Murmansk to observe a solar eclipse on March 20, 2015, above the Norwegian Sea. Airbnb reports a 1000% surge in searches for stays along the entire path of totality over the solar eclipse weekend for check-ins on April 7, 2024. Austin and the surrounding Hill Country area and Indianapolis are among the most booked destinations across all of North America on Airbnb for the solar eclipse weekend, Thorn said.

Persons: Mark Littmann, ” “, ” Littmann, “, ” Judette Louis of, TikTok ”, Louis, ”, there’s, Littmann, “ You’ve, Steven Robicsek, Steven Robicsek Steven Robicsek, Robicsek, “ It’s, haven’t, Robyn Beck, Katy Nastro, ” Nastro, Sergei Karpukhin, Ben Kaufman, JSX, ” Kaufman, St . Louis, Jeff Roberson, Haven, Thorn, Madison Graça, Graça, ” Graça Organizations: CNN, North, Eclipse, Getty, Houston, Austin, Little, Evansville, Chicago, Indianapolis, Dallas Love Field Airport, Flight Museum, AP, Airbnb, Diego, Madison Locations: United States, Canada, Mexico, ” Judette Louis of Tampa , Florida, Cleveland , Ohio, Tampa, Cleveland, Sandy Run , South Carolina, Gainesville , Florida, Waco , Texas, Florida, La Pine , Oregon, AFP, Dallas, Memphis, Nashville, Russian, Murmansk, Norwegian, Kerrville , Texas, San Antonio, Austin, St ., Richardson , Texas, Springs , Arkansas, Bloomington , Indiana, Indianapolis, North America, Texas, San Diego, Hico , Texas, Oregon

☆ The unwritten rules of superyachting
▼ + stars: | 2024-04-02 | by ( Madeline Berg | ) www.businessinsider.com time to read: +7 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. That means that, aside from basic safety guidelines, most of the rules of superyachting are unwritten. Superyachts are expensive to build and expensive to maintain. For a $100 million yacht, that's at least $10 million yearly going to crew, regular maintenance, insurance, fuel, and dockage. So, the most important unspoken rule of superyachting is actually that the only thing better than owning a superyacht is knowing someone else who does.

Persons: —, centimillionaires, they're, Rich, Fraser, he's, Jeff Bezos Organizations: Service, Business, SuperYacht, Palm, Breed Media, Fraser Yachts Locations: superyachts, Aiden

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