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☆ What you need to know about Skydance's bid for Paramount, from financing a deal worth $32 billion to its plans for the media empire
▼ + stars: | 2024-05-01 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +6 min

Skydance Media and its largest private-equity backer RedBird Capital Partners have been wooing Paramount for the better part of a year. The Skydance consortium, including fellow Skydance investor KKR, submitted a revised offer on Sunday. The deal would be worth roughly $32 billion, according to the source, with the value of Paramount and its $15 billion in debt making up the lion's share. Here's what we know about the deal, how much Redstone would get, and what a new Paramount would look like. Keeping Paramount public sets the Skydance bid apart from Apollo's potential offer, according to one of the sources.

Persons: Bob Bakish, Shari Redstone's, Tom Cruise, Mario Gabelli, Bakish, Getty, Redstone's, David Ellison, Larry Ellison, Ellison, RedBird, Gerry Cardinale, Goldman Sachs, Goldman, Skydance, Jeff Shell, Ben Affleck, Matt Damon's, Axel Springer Organizations: Skydance Media, RedBird Capital Partners, Paramount, KKR, Business, Ex, CNBC, Apple, New York Yankees, NFL, Bakish, CBS, MTV, Nickelodeon, ' Equity, Amazon Studios, Sony, Apollo, Wall Street Locations: Santa Monica , California, New York City, Skydance, RedBird

☆ Opinion: Student protests are what created the university as we know it
▼ + stars: | 2024-04-30 | by ( Opinion David M. Perry | Matthew Gabriele | ) edition.cnn.com time to read: +7 min

Editor’s Note: David M. Perry is a journalist, historian and senior academic adviser in the history department of the University of Minnesota. CNN —In recent days, protests by college students against Israel’s actions in the ongoing war in Gaza have popped up across the country. Concerned faculty at the University of Texas-Austin called a strike to protest police actions against peaceful protestors. But then, in the year 1200 CE, a group of students in Paris got swindled by a shopkeeper. They are a reminder that institutions of higher learning are a union between teachers and students dedicated to the pursuit of knowledge.

Persons: David M, Perry, Matthew Gabriele, “, ”, Noëlle McAfee, Caroline Fohlin, Elijah Nouvelage, King Philip II Augustus of France, Paris didn’t, doesn’t, Ibn Rushd Organizations: University of Minnesota, of Religion, Virginia Tech, CNN, University of Texas, CUNY, Emory University, Notre Dame, universitas, Twitter Locations: Europe, Gaza, Emory, Austin, Paris, ”

☆ Binance Founder Sentenced to Four Months in Prison
▼ + stars: | 2024-04-30 | by ( David Yaffe-Bellany | ) www.nytimes.com time to read: +1 min

Changpeng Zhao, the billionaire founder of the giant cryptocurrency exchange Binance, was sentenced to four months in prison on Tuesday, a much shorter term than prosecutors had demanded after he pleaded guilty to money laundering violations last year. Prosecutors had asked for three years in prison while Mr. Zhao’s defense lawyers had requested probation without any prison time. In March, Sam Bankman-Fried, the founder of the collapsed FTX exchange and Mr. Zhao’s onetime business rival, was sentenced to 25 years in prison for fraud. Not long ago, Mr. Zhao and Mr. Bankman-Fried stood atop the multitrillion-dollar crypto industry. But it also faced investigations by several U.S. agencies into whether Mr. Zhao had broken the law to build his empire.

Persons: Changpeng Zhao, Prosecutors, Justice Department’s, Sam Bankman, Zhao’s, Zhao, Fried, Binance Organizations: Justice

Cryptocurrency exchange Binance founder and CEO Changpeng Zhao speaks at a Binance fifth anniversary event in Paris, France, July 8, 2022. Former federal prosecutor Neama Rahmani agrees, adding that Zhao's personal wealth won't be affected by his sentence. That's a different siutation from Sam Bankman-Fried, the controversial ex-CEO and founder of crypto exchange FTX. Bankman-Fried received a 25-year prison term for crimes connected to the operation of his crypto exchange. "Negative long-term impact on Binance will diminish the value of CZ's investment in the crypto exchange," said Yadav.

Persons: Changpeng Zhao, Reuters Changpeng Zhao, Zhao, Gabriel Abed, Richard Jones, Tre Lovell, Neama Rahmani, David Ryder, Binance, Braden Perry, Sam Bankman, Joshua de Vos, de Vos, Fried, Yesha Yadav, That's, Forbes, he's, Lucas Kiely, Kiely —, —, Yadav, it's Organizations: Staff, Reuters, CNBC, U.S, U.S . Department of Justice, District, Toyota, Bloomberg, Getty, Bank, Commodity Futures Trading Commission, Vanderbilt University, Department, Securities and Exchange Commission, SEC Locations: Paris, France, Seattle, Zhao, Binance, Los Angeles, Seattle , Washington, Dubai, U.S, bitcoin, Iran

☆ 18 ancient Egyptian human skulls are being auctioned for $250 each, in a grim sale of colonial spoils
▼ + stars: | 2024-04-30 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +4 min

Read previewA British auction house has been criticized after listing 18 human skulls from ancient Egypt. But experts have raised objections, and have asked for a review of laws around the sale of human remains. This latest episode offers a window into the strange trade in human remains, which is legal in many places worldwide. The shrunken head problemVan Broekhoven has had to grapple with the issue of handling human remains in museum collections. The Pitt Rivers Museum has a collection of shrunken heads — some human — along with other human remains, which were taken off display in 2020.

Persons: —, Dan Hicks, Hicks, Augustus Henry Lane Fox, Pitt Rivers, Semley Auctioneers, Laura Van Broekhoven, Van Broekhoven, there's Organizations: Service, Business, Pitt Rivers Museum, Augustus Henry Lane Fox Pitt Rivers, Oxford University Locations: Egypt, Thebes, Benin, Augustus Henry Lane Fox Pitt, Indonesian

☆ Richard Branson says this decision helped build his $2.5B net worth: 'I don't think I would have gone to space' otherwise
▼ + stars: | 2024-04-29 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

He's referring to selling record label Virgin Records to Thorn EMI for nearly $1 billion in 1992. Branson needed the money to focus on a newer venture, Virgin Atlantic. CNBC Make It: How did you make the decision to sell Virgin Records? What I decided was: If I sold Virgin Records, all the people's jobs would be secure. I could then use that money to build and protect Virgin Atlantic.

Persons: Richard Branson, He's, —, Branson, Richard, Virgin, We'd, Janet Jackson Organizations: CNBC, Virgin Records, Thorn EMI, Virgin Atlantic, British Airways, Virgin Group, Forbes, Virgin Locations: London, Branson

☆ Skydance Offers Paramount a Deal Sweetener: A $3 Billion Cash Infusion
▼ + stars: | 2024-04-29 | by ( Benjamin Mullin | Lauren Hirsch | ) www.nytimes.com time to read: +1 min

With the fate of Paramount hanging in the balance, its leading suitor has just upped the ante. Skydance also offered to give Paramount shareholders a larger stake in the combined company than it had initially proposed. The vociferous pushback by investors, combined with the complicated nature of the transaction, means the Skydance deal could still fall apart, people familiar with the process said. Paramount has been in deal discussions with the movie studio Skydance for months, after Ms. Redstone decided late last year to consider a sale for her media empire. Since then, the company has entertained interest from suitors including Apollo, the private-equity giant, and Skydance, which is proposing a merger.

Persons: Skydance, Shari, Redstone Organizations: Paramount

☆ Insider Today: LinkedIn ghostwriter boom
▼ + stars: | 2024-04-28 | by ( Matt Turner | ) www.businessinsider.com time to read: +4 min

Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Meta CEO Mark Zuckerberg BIThis week's dispatchBig Tech takeawaysTesla, Meta, Microsoft, and Alphabet reported earnings last week. Microsoft: AI spend was also the name of the game at Microsoft. Alphabet also issued a $0.20 per share dividend — its first ever — joining its Big Tech peers like Microsoft, Apple, and Meta, in the dividend club. drbimages/Getty, LinkedIn, Tyler Le/BILinkedIn ghostwriting is boomingLinkedIn influencers are becoming more popular, with some amassing followings of millions of people.

Persons: —, Herman Miller Eames, Mark Zuckerberg, Tesla, Meta didn't, Kevin C, Cox, Jenny Chang, Rodriguez, Goldman Sachs, Dominic Bugatto, Dani Widell, Hokyoung Kim, Tyler Le, Samu Hällfors Organizations: Service, Business, Big Tech, Meta, Microsoft, Apple, The, Airbnb, LinkedIn

☆ Ancient DNA pulls back curtain on mysterious empire
▼ + stars: | 2024-04-27 | by ( Katie Hunt | ) edition.cnn.com time to read: +6 min

Editor’s note: A version of this story appeared in CNN’s Wonder Theory science newsletter. Analysis of ancient DNA recovered from human remains has illuminated the traits and ancestry of historic individuals — be it a mummified iceman, Chinese emperor or legendary composer. The origins of the empire and its people remained obscure until a landmark April 2022 study found they hailed from the Mongolian steppe. Carolyn Kaster/APNaturalists have spotted the first arrivals in this spring’s historic cicada dual emergence. Sign up here to receive in your inbox the next edition of Wonder Theory, brought to you by CNN Space and Science writers Ashley Strickland and Katie Hunt.

Persons: It’s, Loki, Gerald Eichstädt, Thomas Thomopoulos, ”, Scott Bolton, Bolton, George Mallory, Andrew Irvine, Mallory, Ruth, Carolyn Kaster, haven’t, you’re, —, Ashley Strickland, Katie Hunt Organizations: CNN, of Archaeological Sciences, Eötvös Loránd University, Múzeum, NASA, Voyager, JPL, Caltech, Southwest Research Institute, Magdalene College , Cambridge, AP Naturalists, — Boeing, — Surgeons, Hubble, CNN Space, Science Locations: Rákóczifalva, Hungary, Central, Eastern Europe, Mount, United Kingdom, Macon , Georgia, South, Midwest

☆ 10 Years, 100 Stories: The Work That Defines the Upshot
▼ + stars: | 2024-04-27 | by ( The Upshot Staff | ) www.nytimes.com time to read: +20 min

Ten years ago this week, The New York Times introduced the Upshot, a section devoted to explaining “politics, policy and everyday life.” That’s a wide scope, by design. As a result, more than 5,000 articles later, the Upshot has been many things to many readers. To mark our 10th birthday, we’ve collected 100 stories that embody the Upshot. WordleBot Eden Weingart/The New York Times When Wordle first became popular, several people on the internet claimed, plausibly, that they had come up with the “best” opening word. Force of Ship Impact Was on the Scale of a Rocket Launch Erin Schaff/The New York Times We think of the Upshot as a place where back-of-the-envelope calculations can be both helpful and welcome.

Persons: ”, Nate Cohn’s, we’ve, Kevin Quealy, John Branch, John, Patrick Thomas, tut, Trump, pollsters, Obamacare, Leif Parsons, We’re, Jason Henry, Tony Luong, Jordan, ‘, Ruth Fremson, Laurel, ’ Rodrigo Corral, Alex Welsh, Paul Romer, Tim Enthoven, Barack Obama, epidemiologists, It’s, you’re, WordleBot Eden, Wordle, Lila Barth, McCabe, Tom Brady, ChatGPT, —, Erin Schaff Organizations: New York Times, Facebook, Yankees, Red, State Newspaper, ESPN, The Athletic, The Times, You’re, Voters, Trump, Mr, Times, Siena College, Walmart, The New York Times, Jordan Siemens, Health, New, Nike, Democratic, Twitter, America, Iowa, Iowa Democratic, Cancer, Hit, Biden, Insurance, Roe America, Disorders, Republican, Republican Party of, U.S, Budget, NASA, National, Traffic, Administration, Yorkers, Force Locations: It’s, Red Sox, State, America, Dakota, Ireland, Chipotle, Japan, U.S, United States, Siena, New Pennsylvania, District, Iowa, Covid, York City, New York, Pennsylvania, Roe, Tonga, Arizona, York, Holland

☆ Right-wing media ruptures over Marjorie Taylor Greene’s threat to oust Mike Johnson
▼ + stars: | 2024-04-26 | by ( Oliver Darcy | ) edition.cnn.com time to read: +5 min

New York CNN —Marjorie Taylor Greene has exposed the fault lines in right-wing media. While The Journal has showered Johnson in glowing praise, Fox News and the Post have gone different routes. Yet, it’s unlikely she will emerge from this battle victorious — a reality that has underscored the importance of Murdoch’s right-wing media empire. While the winds might not entirely favor Greene and the MAGA Media hardliners in this very moment, they do appear to be shifting. That could very well pale in comparison to what the rising, more extremist wing of right-wing media delivers in the years ahead.

Persons: Marjorie Taylor Greene, Mike Johnson’s, Rupert Murdoch, Greene, Johnson, ”, MOSCOW MARJORIE, They’ve, Steve Bannon, Donald Trump’s, Bannon, Charlie Kirk, MAGA, Trump, “, God ”, Tucker Carlson, ” Greene, Kirk, Carlson, Murdoch, Murdoch GOP kingmaker Organizations: New York CNN, Republican, MAGA Media, Fox News, Street Journal, New York, Kyiv, Post, Republican Party, Breitbart, Murdoch GOP, GOP, Trump Locations: New York, Ukraine, MAGA, Johnson

Washington CNN —Kim Kardashian will join Vice President Kamala Harris at the White House on Thursday for a roundtable to discuss pardons issued by President Joe Biden earlier this month, a White House official said Thursday. Kardashian previously met with former President Donald Trump at the White House as part of her advocacy for criminal justice reform. In 2019, she delivered remarks from the White House East Room on a new initiative aimed at helping former inmates get jobs out of prison. She met with Trump at the White House again in 2020. Axios first reported Kardashian’s visit to the White House.

Persons: Washington CNN — Kim Kardashian, Kamala Harris, Joe Biden, Kardashian, Donald Trump, Alice Marie Johnson, Axios, Biden, Rolling Stone, “, ” Biden, Harris, Steve Benjamin Organizations: Washington CNN, White, Trump, Rolling, Administration Locations: Ottoman Empire, Armenia, Azerbaijan

☆ Trump feared for campaign, not family, as sex scandals were caught and killed, ex-Enquirer CEO tells hush-money jury
▼ + stars: | 2024-04-25 | by ( Laura Italiano | ) www.businessinsider.com time to read: +7 min

When a porn star and Playboy Bunny both came forward, Trump feared for voters, not family, Pecker told jurors. Then, in swift succession and with the 2016 election just months away, a Playboy Bunny and a porn star appeared with more sex scandals. But in the months before the 2016 election, all Trump worried about was his voters, Pecker testified on his third day on the stand. "I thought his concern was with the campaign," Pecker added. Pecker told jurors he had been investigated by California officials for just this sort of thing more than a decade before Trump's 2016 campaign.

Persons: David Pecker, Playboy Bunny, Trump, Pecker, —, Donald Trump, Dino Sajudin, Bunny Karen McDougal, Stormy Daniels, Joshua Steinglass, Steinglass, Daniels, Michael Cohen, Attorney Alvin Bragg, Bragg, Dylan Howard, Trump's, Arnold Schwarzenegger, Arnold, Howard, Howard texted, Cohen, Karen, McDougal, Michael, Jeff Sessions Organizations: National Enquirer, Service, Trump, Enquirer, Trump Organization, Attorney, American Media International, AMI, Prosecutors, McDougal's, Federal, Commission Locations: Manhattan, California, Australia

☆ A centenarian who starts her day with gentle exercise and loves walks shares 5 longevity tips, including staying single
▼ + stars: | 2024-04-25 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +5 min

Joyce Preston, who's from the UK, turned 100 in March. It was also the year that Joyce Preston, who turned 100 years old last month, was born in the British town of Stockport. There, she starts her day by doing yoga or gentle exercise and loves going for walks. Joyce Preston/ Care UKPreston never married, and her biggest tip for reaching 100 is to "stay single." Joyce Preston/ Care UKBe religiousAs a founding member of an independent evangelical church, religion is important to Preston, and she believes it has contributed to her long life.

Persons: Joyce Preston, —, Preston, Bryan Johnson, Paul Dolan, Preston doesn't, Rose Anne Kenny, doesn't, Joseph Maroon, Heidi Tissenbaum Organizations: Service, Care UK's, Court, Abney Court, Abney Court Care, US Bureau of Labor Statistics, Care, London School of Economics, Guardian, gerontology, Trinity College Dublin, LongeviQuest, University of Locations: who's, Ottoman Empire, Soviet Union, Stockport, Preston, Abney, Latin America

☆ Sex and marriage patterns in an ancient empire revealed by DNA
▼ + stars: | 2024-04-24 | by ( Katie Hunt | ) edition.cnn.com time to read: +8 min

With opulent graves but no written records, the empire and its people have remained largely in the shadows of history until recently. But a landmark April 2022 study involving ancient DNA taken from the graves of the Avar elite shed light on the empire’s far-flung origins. A tiny sample is drilled from a bone at the ancient DNA laboratory at the Max Planck Institute for Evolutionary Anthropology in Leipzig, Germany. In the case of men, researchers found two partners in 10 cases, three partners in four cases and four partners in one case. “Polygamy (having multiple marriage partners), serial monogamous marriages and extramarital relations are all possible explanations,” she said.

Persons: ”, Zsófia Rácz, Rácz, aren’t, Guido Alberto Gnecchi, Max Planck, Eötvös Loránd University Múzeum Lara Cassidy, “, polygyny, Ruscone, Cassidy, Bryan Miller, wasn’t Organizations: CNN, of Archaeological Sciences, Eötvös Loránd, Múzeum, University’s, Archaeological Sciences, Max, Max Planck Institute, Eötvös Loránd University, Trinity College Dublin, Turks, Central, University of Michigan Locations: Central, Eastern Europe, Hungary, Rákóczifalva, Budapest, Leipzig, Germany, Europe, Mongolia, Caucasus, what’s, Constantinople, Byzantine, Eurasia

☆ Klimt portrait missing for nearly a century sold for $32 million
▼ + stars: | 2024-04-24 | by ( Lianne Kolirin | ) edition.cnn.com time to read: +4 min

CNN —A portrait by Gustav Klimt that was unseen for almost a century has sold for $32 million – the bottom end of its pre-auction estimate. The sale price was less than half that fetched by another Klimt painting – “Dame mit Fächer” (Lady with a Fan) – in London last year. The last portrait completed by Klimt became the most expensive artwork ever to sell at a European auction, when it sold for a £85.3 million ($108.4 million). However, new research by the auction house suggests Justus’ wife, Lilly, hired him to paint one of their two daughters. A cape richly decorated with flowers is draped around her shoulders,” the auction house said.

Persons: Gustav Klimt, Fräulein, ”, Klimt, Fächer ”, Lieser ”, Roland Schlager, Getty Images Brothers Adolf, Justus Lieser, Adolf, Margarethe Constance, Justus ’, Lilly, –, “, “ Adolf, Henriette Lieser, Claudia Mörth Organizations: CNN, Austrian, Getty Images Brothers, Washington, Nazi Locations: London, Vienna, Austrian, Austro, Washington, Austria, Central Europe

☆ A billionaire drug kingpin escaped justice by paying a bond set at just $53K and then running away
▼ + stars: | 2024-04-24 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA billionaire drug baron was arrested in Spain on money laundering charges but was released after paying a $53,000 bond, according to reports. AdvertisementThis followed a five-year investigation that police say showed the suspects had established a criminal organization involved in large-scale drug trafficking, including the smuggling of significant amounts of cocaine. Related storiesPolitico referred to Bouyakhrichan as a billionaire who possesses bank accounts and properties around the world. AdvertisementThe judge then imposed a €50,000 bond, roughly $53,000, took away Bouyakhrichan's passport, and ordered him to report to the authorities every fifteen days.

Persons: —, Felix Bolaños, Karim Bouyakhrichan, Bouyakhrichan, Vincent Veenman Organizations: Service, Business, Spain's National Police, BBC, Cadena SER Locations: Spain, Dutch, Moroccan, Netherlands, Belgium, South America, Europe, The Hague, Spanish

☆ History is repeating itself as MrBeast and T-series battle for YouTube's top spot
▼ + stars: | 2024-04-24 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +7 min

MrBeast is set to surpass T-Series as YouTube's top channel. Kjellberg was in the midst of a battle for YouTube's number one spot because another channel — the Indian music label T-Series — was closing in. Now, for MrBeast, history is repeating itself, except this time, he is the one closing in on YouTube's biggest channel, T-Series, And it looks like he's soon going to win the top spot. Amid an expected mass exodus from the platform, a win for independent creators could have a positive ripple effect. "This breakthrough will show independent creators that they can be more successful than large corporations," she said.

Persons: —, MrBeast, YouTuber Felix Kjellberg, Kjellberg, he's, Donaldson, Jimmy Donaldson, He's, Gabe Gordon, Donaldson wasn't, Gordon, Donaldson hasn't, Moon, Katya Varbanova, Varbanova Organizations: Service, YouTube, YouTube's, Kjellberg, Reach Agency Locations: Burger

☆ The extraordinary ancient secret places hidden under Turkey
▼ + stars: | 2024-04-23 | by ( Lisa Morrow | ) edition.cnn.com time to read: +11 min

Less obviously visible but equally impressive are the historical treasures, some more than 12,000 years old, that can be found underground. Unlike the Basilica, this underground chamber was completely forgotten about until less than 15 years ago. Other than locals herding their livestock through the ruins of a garrison city dating to the 6th century, few people went there. Now, the site has given up numerous treasures including rock-cut tombs, an olive processing workshop and a series of underground cisterns. Yeraltı, literally meaning underground, was originally a dungeon in the basement of a fort built by the Byzantines in the 8th century CE.

Persons: James Bond, Theodosius II, Theodosius, Derinkuyu, tufa, émigrés, Han, Rümeli Han, Sarıcazade Ragıp Pasha, Sultan Abdülhamid II’s, Sancaklar, Göbeklitepe, Yeraltı, –, Fatih Sultan Mehmet, Grand Vizier Bahir Mustafa Paşa, dervish Organizations: CNN, Love, UNESCO, Şanlıurfa Archaeology Locations: Turkey, Europe, Asia, Russia, Faith, Istanbul, Constantinople, Fatih, Belgrade Forest, Valens, Dara, Mardin, Nevşehir, Cappadocia, Derinkuyu, Taksim, stairwells, Sancaklar, Büyükçekmece, Mecca, Göbeklitepe, everyone’s, Şanlıurfa, Karaköy, Yeraltı, Ottoman, Grand

☆ Aboriginal spears returned to Australia after 250 years
▼ + stars: | 2024-04-23 | by ( Jack Guy | ) edition.cnn.com time to read: +3 min

CNN —A British university has given back four spears taken more than 250 years ago from an aboriginal community in Australia by explorer Captain James Cook. Trinity College Cambridge permanently repatriated the spears to the La Perouse Aboriginal Community at a ceremony Tuesday, according to a joint statement from the college and the Australian Institute of Aboriginal and Torres Strait Islander Studies (AIATSIS), which supported the move. “The spears were pretty much the first point of European contact, particularly British contact with Aboriginal Australia,” said Ray Ingrey, director of the Gujaga Foundation, a research organization working in the La Perouse community, in the statement. The resulting British colonization of Australia resulted in the introduction of foreign diseases, displacement, and massacres against the aboriginal people. National Museum of AustraliaSome members of the La Perouse Aboriginal Community are direct descendants of those who crafted the spears, according to the statement.

Persons: CNN —, Captain James Cook, ”, Ray Ingrey, AIATSIS Cook, Rod Mason, Noeleen Timbery, Sally Davies, Trinity Organizations: CNN, British, Captain James Cook . Trinity College Cambridge, La, La Perouse Aboriginal, Australian Institute of Aboriginal, Torres Strait Islander, Aboriginal, Gujaga Foundation, HMS, Trinity College, of Archaeology, National Museum of Australia, La Perouse Aboriginal Community, Aboriginal Land Council, Elders, Trinity Locations: Australia, La Perouse, Kamay, Aboriginal Australia, Botany, Kurnell, New Zealand, Cambridge, Kurnel, Perouse

☆ Remember that Versace dress Jennifer Garner wore in ‘13 Going on 30"?
▼ + stars: | 2024-04-23 | by ( Marie Lodi | ) edition.cnn.com time to read: +8 min

DeSanto accessorized the dress with colorful Swarovski crystal jewelry by Tarina Tarantino, including a blue butterfly statement necklace. Columbia Pictures/Everett CollectionDecades later, the dress has become a beloved artifact for nostalgic rom-com fans and modern fashion enthusiasts alike. “(Garner) put it on, we got her all dolled up, she went to dance, and we moved on,” she said. DeSanto also credits director Gary Winick, who died in 2011, for the film’s fashion sense. As DeSanto points out, “13 Going on 30” is a story about a young woman coming into herself — and how, more than anything, it’s important just to be yourself.

Persons: —, Jenna Rink, Gilson nightgown, baguette, Susie DeSanto, Jennifer Garner, Miu Miu, Prada, Ralph Lauren, Roberto Cavalli, Versace, ” DeSanto, “ I’d, Giovanni Giannoni, Jenna, partygoers, Michael Jackson’s, — Versace, DeSanto, Tarina Tarantino, Tarantino, Marc Jacobs’s, — she’s, ”, “ It’s, Betsey Johnson tutus, Christa B, Allen, Ariana Grande, wasn’t, weren’t, “, Garner, Stella McCartney, Alberta Ferretti, Mark Ruffalo, Jen, we’re, I’ve, Gary Winick, Gary, ” Winick, Mark Ruffalo’s Organizations: CNN, Fairchild, Penske Media, Columbia Pictures, Everett Locations: Manhattan, lockstep, Barney’s, Italy, Etsy, Alberta, “, New York

☆ Behind a Vegan Chef’s Holistic Empire, an Ugly Reality
▼ + stars: | 2024-04-22 | by ( Brett Anderson | ) www.nytimes.com time to read: +1 min

Josie Duran overheard Matthew Kenney’s pitch many times. As a lead server at Plant Food + Wine in Venice Beach, Calif., Ms. Duran often waited on Mr. Kenney, the restaurant’s chef and owner, as he entertained potential investors on the restaurant’s fig-tree-shaded patio, persuading them to trust him with their money for his ambitious culinary projects. At a time when adopting a plant-based diet has become an environmental and ethical cause around the world, Mr. Kenney, 59, is among the world’s most famous vegan chefs. Plant Food was the flagship restaurant of Matthew Kenney Cuisine, a sprawling, health-focused company that until recently operated, managed or invested in more than 50 restaurants across the globe, from Los Angeles to São Paulo to Dubai. But Ms. Duran grew to resent Mr. Kenney’s visits — in part, she said, because she believed she was helping the chef cultivate a misleading image of success.

Persons: Josie Duran, Matthew Kenney’s, Duran, Kenney, Matthew Kenney, São Paulo, Kenney’s Organizations: Food Locations: Venice Beach, Calif, Los Angeles, Dubai, —

☆ Ready or not, the youngest boomers are retiring
▼ + stars: | 2024-04-22 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

AdvertisementThe majority of so-called "peak boomers" have $250,000 or less in assets , according to a recent report, write Juliana Kaplan and Ayelet Sheffey. If you're a bit surprised by the dire economic situation of peak boomers, I wouldn't blame you. Older boomers had the benefit of employer-subsidized retirement plans before a shift in the workforce left younger boomers to fend for themselves. Alistair Berg/Getty ImagesPeak boomers' retirement struggles might end up being a wake-up call for younger generations. There will be plenty of lessons learned from peak boomers entering retirement without the safety net of a pension.

Persons: —, blowup Jacob Wackerhausen, Jenny Chang, Rodriguez, Juliana Kaplan, Ayelet Sheffey, that's, we've, boomers, Alistair Berg, Xers, Gen Zers, Bryan Erickson, Jane Street, Chowdhury, Elon Musk, they'd, Tesla, Tony Stubblebine, Nick Little, Dani Widell, BI's Emily Stewart, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Grace Lett Organizations: Business, Service, Social Security, Security, Google, Wall Street, JPMorgan, Detroit Police Department, Tesla, BI, Verizon Locations: Covid, China, Europe, Airbnb ., America, New York, London, Chicago

☆ The Meteoric Rise and Spectacular Fall of the Queen of Airbnb
▼ + stars: | 2024-04-21 | by ( Dan Latu | ) www.businessinsider.com time to read: +18 min

Now, after she made her pitch at the VFW hall, attendees clamored around Widell, eager to have her manage their Airbnb rentals. The reign of the Airbnb Queen of Tulsa was over — and her subjects were left to pick up the pieces. Dominic Bugatto for BIThe "Queen of Airbnb" label, which started off as Widell's Airbnb account name, helped create an aura of omnipotence. According to those familiar with the business, Widell seemed to be shifting her focus away from Airbnb rentals to the house-staging business. Today, her "Tulsa Airbnb Group" on Facebook remains active, with some 1,000 members.

Persons: Airbnb, Dani Widell, Widell, Kathy Portley, weren't, —, Emily Burke, Will Widell, They'd, thrifty, Will, who'd, Logan Haskett, Dominic Bugatto, Burke, hadn't, Knikki Nash, she'd, Mallory Massey, Massey, David Brunson, Brunson, Renee Brummett, We've, Dani hasn't, Brummett, doorstepped, unraveled, Nash, Dani, Widell's, carting, Will cosigned, Brummet, Tulsa's, Meagan McCollum, Bram Gallagher, Gallagher, Dan Latu Organizations: VFW, Tulsa, Facebook, Tulsa Real Estate Investors Association, Oklahoma State University, Tulsa People, Mahogany Prime, Summit, Downtown, Social, Bank of America Center, PGA, Investors, Widell, Employees, Rover, BI, nonpayment, University of Tulsa, Business Locations: Tulsa, Tulsa ., Widell, Airbnb, Brady, Arkansas, —

☆ How Gordon Ramsay went from timid apprentice to celebrity chef with a huge restaurant empire
▼ + stars: | 2024-04-21 | by ( Polly Thompson | ) www.businessinsider.com time to read: +1 min

Gordon Ramsay grew up with a disadvantaged childhood. AdvertisementIf Gordon Ramsay had a dollar for every time he shouted the F-word … he'd probably still be the multi-millionaire he is today. The global celebrity chef places 19th on Forbes' list of the world's highest-paid celebrities and has amassed a substantial fortune. Ramsay grew up in an abusive household and relied at times on handouts from neighbors. This is how the foul-mouthed, Michelin-starred celebrity chef made his way up in the world.

Persons: Gordon Ramsay, —, wasn't, Ramsay Organizations: Service, Forbes

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