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download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewMovie creatives and actors aren't going to lose their jobs to an AI program just yet, says Netflix co-CEO Ted Sarandos, 59. For several decades, the studios wouldn't license movies to television," Sarandos told The Times. Representatives for Netflix didn't immediately respond to a request for comment from BI sent outside regular business hours. AdvertisementMembers for both groups believed that cost-conscious studios could use AI to supplant writers and actors in their productions.
Persons: , aren't, Ted Sarandos, Sarandos, Reed Hastings, Hastings, Greg Peters, Netflix didn't, AFTRA, OpenAI, Tyler Perry, Sora Organizations: Service, Netflix, New York Times, Business, Times, BI, Hollywood, Writers Guild of America, WGA, SAG
CNN —As many as 2,000 people are feared to have been buried by last week’s massive landslide in Papua New Guinea, according to the country’s National Disaster Centre, as survivors recounted the horror losing so many loved ones. The landslide occurred in the mountainous Enga region in northern Papua New Guinea on Friday and the latest missing figure is a sharp rise from earlier estimates. Mohamud Omer/International Organization for Migration/APMiok Michael, a local community leader, told CNN that it was likely there were few survivors. But that may now be a major underestimate according to the latest projection from Papua New Guinea’s disaster agency. “There are no reports of earthquakes at this time but we did have quite a lot of rain and a lot of unseasonal weather happening across Papua New Guinea,” Jensen said.
Persons: Kambu, , , Mohamud Omer, Michael, Laso Mana, Chris Jensen, ” Jensen, Justine McMahon, ” McMahon, Pierre Rognon, it’s, Alan Collins, ” Collins, Jensen, we’ve Organizations: CNN, Disaster, Reuters, International Organization for Migration, United Nations, Mission, National Disaster Centre, UN, World, CARE International, University of Sydney’s School of Civil Engineering, University of Adelaide Locations: Papua New Guinea, Yambali, Highlands, Papua, Kaokalam, Port Moresby
Access to Aid in Gaza Was Dire. Israel closed that crossing as well as the Rafah crossing, where a majority of aid had been coming in. Nearly 300 aid trucks had crossed there in a single day just before the incursion. COGAT, the Israeli military agency coordinating aid delivery, has said that increasing the amount of aid going into Gaza remains a priority. But just a quarter of that amount arrives on average each day since the closure of Rafah crossing, according to U.N. data.
Persons: , Israel, Biden, Georgios Petropoulos, it's, ” Erez, Erez, Kerem Shalom, Abdel Fattah al, Ahmad Ezzat, Scott Anderson, Anderson, Petropoulos, , Khan Younis, Mr Organizations: International Court, Justice, Central Kitchen, U.S ., United, Aid, Egyptian Red, UNRWA, Kerem, U.S, United Nations Relief, Works Agency for Palestine Refugees, Food Program Locations: Gaza, Southern, Israel, Rafah, Ashdod, Kerem Shalom, United Nations, , Erez, Israel GAZA, EGYPT, U.S, Egypt, Kerem, Egyptian, Israeli
Pilots of the "Sharp Kartuza" division of FPV kamikaze drones prepare drones for a combat flight on May 16, 2024 in the Kharkiv region, 8 km from the border with Russia. Six NATO countries neighboring Russia are joining forces to build a "drone wall" to protect their borders, Lithuania's interior minister announced on Friday. In an interview with Finnish television channel Yle, cited by the Financial Times, Finland's Interior Minister Mari Rantanen said that the drone wall plan would "improve in time." The interior ministers of the six countries taking part in the drone wall project met in the Latvian capital of Riga on May 23 and 24. "The phenomenon of instrumentalized migration on the EU's external borders is a common challenge for our countries.
Persons: Agne Bilotaite, Bilotaite, Mari Rantanen, Rantanen Organizations: NATO, Yle, Financial Times, Finland's, EU Locations: Kharkiv, Russia, Norway, Poland, Lithuanian, Baltic, Latvia, Estonia, Finland, Latvian, Riga, Belarus, Africa
PARIS, France — There will be no magical run, no age- and injury-defying push into the deep end of the competition. AdvertisementThe end officially arrived at 6:28, with a final miss off the Spaniard’s racket, forced by Alexander Zverev, who prevailed 6-3, 7-6, 6-3. A clump of two dozen that is used to getting choice seats clogged the entryway to the president’s box. Ultimately, that is what doomed him on a chilly and dreary afternoon and evening under the roof on Chatrier. He hit serves that became easy chances for Zverev to go on the defensive, and groundstrokes into the middle of the court that Zverev pounded for winners.
Persons: Rafael Nadal, Roland Garros, Alexander Zverev, Nadal, Philippe, Chatrier, , Emmanuel Dunand, He’d, hadn’t, Zverev, Brenda Patea, he’d, Mateo Villalba Organizations: Nadal, Getty Locations: PARIS, France, AFP, Paris, German, Berlin, Germany
Several investors released a joint letter this month urging fellow shareholders to vote down the package as excessive. Tesla shareholders approved the pay package in 2018, with compensation tied to Tesla's performance including its market value. And he still has time to meet goals he hasn't reached, including on revenue, because the pay package had a 10-year term. In the 440-page proxy statement explaining the vote, a committee of the Tesla board noted the "novel circumstances." Some people began sharing screenshots of their votes in April, shortly after the Tesla board announced the vote, and the deadline to vote online is June 12.
Persons: Elon Musk, The Beverly Hilton, Tesla, James Park, Musk, He's, Judge Kathaleen McCormick, McCormick, Nadya Malenko, hasn't, Ann Lipton, Lipton, — I'm, Musk's, there's, , Rowe Price, didn't, Brad Lander Organizations: SpaceX, Tesla, The Beverly, Wall Street, University of California, CNBC, Bloomberg, Reuters, Boston College's, Tulane University, Disney, New York, Amalgamated Bank . Locations: Beverly Hills , California, U.S, Delaware, Austin , Texas, , Los Angeles, Texas, New York City
And I think if somebody doesn't fix the problem, we could be gone," Malcolm Collins previously told BI in 2022. Malcolm Collins resumed his conversation with the stunned reporter after telling his child: "I love you but you gotta be nice in restaurants. Related storiesSoon afterward, the episode went viral on X — the platform owned by Elon Musk, whom Malcolm Collins was incidentally gushing over moments before striking his toddler. This is all to say that yes, 100%, Torsten was pushing boundaries and not acting unintentionally," Simone Collins wrote. AdvertisementOver the phone, Malcolm Collins told Business Insider that he "bopped" his son on the nose to jar him, not to hurt him.
Persons: Malcolm, Simone Collins, Malcolm Collins, Jenny Kleeman, Elon Musk, Christ, Torsten Savage, Torsten Organizations: Service, Business, Guardian, Elon, CNN Locations: Pennsylvania
So in 2016, Badran set up her own tour company, Wander with Nada, to “show a different side of Dubai” to travelers. Her bespoke private tours are designed to suit the interests of each visitor, but her favorite itinerary is Dubai’s “old town,” a group of small neighborhoods around Dubai Creek where the city began and Badran spent her childhood. Badran leads me through the narrow alleys around the Dubai Old Souk, home to stores run by Indian-origin families. Stores in Old Dubai Souk. “Dubai is about opening your mind,” Badran says, “and embracing this diversity that makes it unique.”
Persons: Nada Badran, Badran, , , Nada, Rebecca Cairns, Al Maktoum, Sheikh Mohammed bin Rashid Al Maktoum, Al Talli, There’s, , it’s, ” Badran, Al Shindagha, Al, Djamel Boussaa, ” Boussaa, hasn’t, Rashid Haghaght, Al Karama, ” “ Organizations: CNN, , United Arab Emirates, Dubai, Heritage, UNESCO, Al Shindagha, Trading Locations: Florence, Dubai, The, Arabian, “ Dubai, , Rome, Athens, Edinburgh, UAE, Oman, today’s Iraq, Bani Yas, Al Shindagha, Suadna, South, West Asia, Al, Saudi Arabia, Al Fahidi, Jordan, Deira, Isfahan, Old Dubai, Abu Dhabi, Sharjah, Al Rigga, Souk, Old Dubai Souk, Jebel Ali, Iran, India, China
Mario Anzuoni | ReutersOff-price retailers like TJX Companies and Ross are still posting sales gains and taking market share from rivals, but it's not just because consumers are under pressure and hunting for value. TJX and Ross both reported fiscal first quarter earnings last week that came in better than Wall Street expected, even as both companies lapped outsize growth from the prior-year period. Ross, which runs Ross Dress for Less and dd's Discounts, posted an 8% jump in sales, bringing revenue to $4.86 billion, compared to estimates of $4.83 billion, according to LSEG. "That's because they're providing consistent value to the consumer – and that's branded consistent value to the consumer at a discount price," said Roach. The dynamic is a bit different at Ross, which has more exposure to the lower- and middle-income consumer than TJX does and competes more on price, said Siegel.
Persons: Mario Anzuoni, Ross, it's, TJ Maxx, they've, Jessica Ramirez, Jane Hali, TJX, they'd, They've, Goldman Sachs, Brooke Roach, John Klinger, Michael Hartshorn, Roach, Simeon Siegel, Siegel, Ernie Herrman Organizations: Maxx, Reuters, TJX, Associates, Wall, Marshalls, CNBC, Walmart, BMO Capital Markets, Brands Locations: Pasadena , California, Homegoods, Ross
AdvertisementGetting accepted is just the startThe Manhattan mental health court is one path available to those who plead guilty to felonies. Related storiesMerchan is the sole judge of the mental health court in all of Manhattan, and has presided over it since its founding in 2011. If the office allows it, a mental health court treatment plan can become part of their plea agreement, which includes different consequences for failures. "It's really hard, a huge burden to even get so far as to be accepted into mental health court," said Orlins. If you fail the mental health court program in such a dramatic fashion, the next step can be a sentencing hearing.
Persons: , Donald Trump's, Stormy Daniels, Juan Merchan, Merchan, Donald Trump, Curtis Means, Trump, I'm, Eliza Orlins, Justice Juan M, Seth Wenig, Juan Merchan's, ANGELA WEISS, Orlins, Jane Rosenberg, Iris Organizations: Service, Republican, Business, New, Trump, Justice, AP, Manhattan, Attorney's, Getty, Associated Press Locations: United States, Washington, Manhattan, New York City
To me, one unexpected food is at the top of the list of traditional ingredients: honey. On Ikaria, it's considered one of the island's secret ingredients for longevity, and many Ikarians start their day with a spoonful. When I'm in the States, I shop for Greek honey either in local Greek and Middle Eastern food stores or online. I stir it into herbal, green and black teas and use it a lot in smoothies with Greek yogurt. Sometimes I mix a spoonful of Greek honey into a little sparkling water and add some mint or citrus slices for a refreshing homemade soda.
Persons: , Honey, it's, It's, Diane Kochilas, butters, dill Locations: Greece, Dijon, Crete, marinades
As the seat of power, Zhongnanhai is often thought of as China’s equivalent to the White House, or the Kremlin. Architectural changesThere have been serious revisions to the architecture of Zhongnanhai since the end of imperial rule in 1912. Having re-established Zhongnanhai as a center of political power in the new China, Mao set about rebuilding the compound according to his tastes. “It was here,” noted Aldrich, “with the background trappings of a scholar, that he met Nixon and Kissinger in 1972.”Most subsequent leaders have preferred to keep a house outside the Zhongnanhai compound. However, the compound hasn’t always been so forbidden for the masses following the collapse of China’s imperial dynasty.
Persons: Jonathan Chatwin, , Deng Xiaoping, Leung Chun, Xi Jinping, Simon Song, Xi Jinping’s, Ming, Geremie Barmé, Qianlong, Feng Li, ” Linda Jaivin, , Dowager Cixi, Zhongnanhai, Cixi, Dowager, M, Aldrich, Mao Zedong, ” Aldrich, China’s, Yuan Shikai, Yuan Shikai ‘, William Lewisohn, Xinhuamen, William Cooper, , Qianlong Emperor, Yuan, Invincible Mao, — Mao, Kangxi, Mao, Zhou Enlai, Chen Yi, Zhang Wentian, Nikita Khrushchev, Khrushchev, Nixon, Kissinger, Hu Jintao, Jiang Zemin, Newscom Aldrich, Mao’s, Li Zhisui, Xi, Chicago's Walter, Hu Yaobang, Gong, “ Heck Organizations: CNN, Bell, Communist Party, CCP, White, Hong, China Morning, University of Bristol Library, Great Communist Party of China, , Shuangqing Villa, Alamy, State Council, China’s Politburo, Huairen, Chicago's Walter Payton College Preparatory, New York Times, Zhongnanhai, Bloomberg Locations: Modern China, Prospect, Tiananmen, Hong Kong, Zhongnanhai, City, China, Beijing, , People’s Republic, New China, Arlington, Peking, Xinjiang, Russian, Beihai, Beijing’s, Huairen, Qinzheng Hall
AdvertisementAmong my kids' classmates and friends, I can't name a single child born in recent years whose name falls into this category. Related storiesOne of my kids technically has a gender-neutral name, but admittedly, it wasn't an issue when we named him in Germany. Another interesting fact is that common German last names, like Schroeder or Fischer, can't be given as first names in Germany. The reason for these names being rejected is due to child protection grounds, as they are seen by German law as acts of child cruelty. Fortunately, this particular law was never an issue for us — we certainly never intended to give our children names like Stalin or Captain Marvel.
Persons: , Frank Zappa's, Dweezil, Kanye West, Kim Kardashian's, Luca, It's, didn't, Sir, Chanel, Bentley, Schroeder, Fischer, Parker, Sawyer, Carter, Adolf Hitler, Carola, Schokominza, Lenin, Stalin, Marvel Organizations: Service, Moon Unit, Kanye, Business, Prada, Nazi, Pepsi Locations: United States, Saint, Chicago, Germany, London, Ireland, Brooklyn, Memphis, Berlin, Oslo, Dublin
Read previewThis as-told-to essay is based on a conversation with Kricket Bushnell. This story is available exclusively to Business Insider subscribers. But I didn't want to be Kricket Krick. So, I applied to legally change my name Kricket Bushnell — Bushnell was my future husband's last name — a few weeks before our wedding. AdvertisementDo you have an interesting story about your name that you'd like to share with Business Insider?
Persons: , Kricket Bushnell, Nancy Krick's, Ashley, Ashley Michelle, Kricket, Bushnell, Michael Krick, Nancy Krick, Mom, Dad wasn't, I'd, Kricket Bushnell — Bushnell Organizations: Service, Business
The bus was ferrying travelers to the train station to board the Trans-Siberian railway. Like Marie-Claire, Elaine had been working in Japan for a while, teaching English. Flirting in MongoliaMarie-Claire and Elaine were strangers who happened to be both traveling via the Trans-Siberian railway. She also shared the news with her extended network of New York friends. Elaine, Marie-Claire and their son Marcello have a family motto, based around their shared initials, EMC.
Persons: CNN — Marie, Claire Martineau couldn’t, Elaine Comerford, Marie, Claire, Elaine, , Elaine broached, they’d, , Claire couldn’t, ” Marie, they'd, Claire Martineau Marie, who’d, , she’d, That’s, ” Elaine, “ Marie, Wolfgang Kaehler, we’d, Steve, ” Here's Marie, Claire Martineau, you’ve, Elaine didn’t, weren’t, Diane, “ Diane, ‘ Let’s, She’d, Claire’s, , Marie Claire, Marcello, Here's Marie, “ We’ve, We’ve, we’ve, Anna Maria, Cliare, it’s Organizations: CNN, CNN Travel, Queens, Maison Internationale, EMC Locations: France, Japan, Europe, Eastern Europe, Budapest, Vienna, Boston , Massachusetts, Boston, New York City, Marie, New York, Beijing, China, Moscow, Mongolia, Russia, Asia, Mongolia Marie, Siberia, Germany, Turkey, Greece, Hungary, , Austria, Manhattan, Queens, Midtown, , Provincetown , Massachusetts, Thailand, Vietnam, Colombia, Ecuador, United States, Anna Maria Island , Florida, Florida
Gas prices trending lowerOil prices surged last month as Israel and OPEC member Iran stood on the brink of war, raising concern at the White House that gasoline prices could jump heading into the summer. When adjusting for inflation, pump prices are about 2% lower compared to last year, according to the Energy Information Administration. Even in costly California, gasoline prices are down about 27 cents over the past four weeks, he said. But de Haan said gasoline prices will likely edge lower through the Fourth of July holiday as refiners increase output, which should keep downward pressure on pump prices. "Since the pandemic, the summer driving season has not seen a surge in demand, which can push pump prices higher," said Gross, the AAA spokesperson.
Persons: Kevin Carter, Biden, Patrick de Haan, It's, de Haan, Andrew Gross, De Haan, Superstorm Sandy, Donald, Trump, Brent, Gross Organizations: Getty, The Department of Energy, Northeast Gasoline Supply, AAA, Energy Information Administration, Congress, Reserve Locations: San Diego, San Diego , California, Israel, Iran, California
The logo of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna, Austria, on Thursday, July 6, 2023. OPEC countries will hold a separate videoconference meeting that same day. OPEC+ was previously set to meet on June 1 in Vienna. The influential oil producers' alliance is currently slated to continue cutting 2 million barrels per day of crude output until the end of this year, under its formal policy. Market participants are closely watching whether these second-quarter voluntary cuts will be extended, while supply security concerns linger amid ongoing conflict in the oil-rich Middle East.
Persons: Nymex Organizations: Organization of, Petroleum, of, Coalition, CNBC, Saudi, Brent Locations: Vienna, Austria, OPEC, Saudi Arabia, Russia, London
The explosion of private credit has been met with a whole host of concerns, but among the louder ones more recently is that the industry has not experienced a downturn at scale. "A lot of those folks who took private-credit loans will be stranded when [obscenity] hits the fan," Dimon said. "Banks tend to work with the borrower and the middle-market loan in the crisis…in the mark-to-market world of private credit, they have to, as a fiduciary, book it at par." In other words, he said, "private credit hasn't dealt with high interest rates, hasn't dealt with the recession, and it hasn't dealt with high spreads." "[Ares has] invested $150 billion into the private-credit market since we founded the firm, and we had a loss rate of one basis point.
Persons: Jamie Dimon, Dimon, Banks, hasn't, Ares, Michael Arougheti, it's, Arougheti Organizations: CNBC, Ares Management Locations: United States, America
Ark Invest CEO Cathie Wood believes stocks are ready to spring upward with easing price pressures and lower interest rates on the horizon. "In the fourth quarter, as the Fed's dot plot began pointing to much lower interest rates, the bull market in equities broadened dramatically," Wood said in an X post on Thursday evening. In our view, more price deflation and lower interest rates will activate coiled equities." She said investors have been flocking to safe havens and cash at a dramatic pace last seen during the 1930s. "In our view, the search for cash and safety in the equity markets today is as intense as that during the Great Depression in the early 1930s," Wood said in the X post.
Persons: Cathie Wood, Wood Organizations: Federal Reserve
The ending features a dramatic showdown between Furiosa and Dementus in the middle of the WastelandChris Hemsworth in "Furiosa: A Mad Max Saga." Warner Bros.At the conclusion of the movie, Furiosa teams with Immortan Joe to successfully end Dementus's reign at the Gas Town outpost, which is known as "The 40-Day War." The fate of Dementus is a shocking oneDementus' ending is a dramatic one. Now, we see that under Furiosa's care, the pit created a massive peach tree with an elderly and emaciated Dementus as the root. AdvertisementThe final shot of the movie shows Furiosa hiding the wives in the War Rig, ending the movie the night before the events of "Fury Road" begin.
Persons: , Max, Anya Taylor, Joy, Chris Hemsworth, Immortan Joe, Furiosa's, Dementus, Furiosa, Mary Jo Bassa, Charlee Fraser, he's, George Miller, Praetorian Jack, Miller Organizations: Service, Business, Warner Bros, Gas, Breeders, Fury Locations: Furiosa
In today's big story, we're looking at the push for WFH Fridays and how that plays into the "quiet vacationing" phenomenon . The big storyAnti-office FridaysHector Roquet Rivero/Getty Images; Jenny Chang-Rodriguez/BIWith all due respect to summer Fridays, we've found a year-round replacement: WFH Fridays. But WFH Fridays' staying power remains to be seen. Which brings us back to WFH Fridays. The end result could be employers saying abuse of WFH Fridays means they need you back in the office… for good.
Persons: , Hector Roquet Rivero, Jenny Chang, Rodriguez, we've, Insider's Juliana Kaplan, Noah Sheidlower, It's, Taiyou Nomachi, millennials, they've, BI's Kelsey Vlamis, haven't, it's, Momo Takahashi, Goldman Sachs, SEB Research, That's, Andrew Caballero, Reynolds, Isabel Fernandez, OpenAI, Scarlett Johansson, Sam Altman, Y Combinator, Tyler Le, Mark Cuban, Vivek Ramaswamy, Burger King, Dan DeFrancesco, Hallam Bullock, George Glover, Grace Lett, Laine Napoli Organizations: Service, Business, Workers, Companies, RBC Capital, Pujol, BI, Microsoft, Google, Bloomberg, Finance Ministers, Central Bank Governors Locations: Dublin, Germany, Meta, BuzzFeed, New York, London, Chicago
Read previewRussia has moved some combat forces from Africa to help support its latest offensive efforts in northeastern Ukraine, according to a new Western intelligence assessment. The Russian defense ministry created the Africa Corps last year as a way to expand its footprint on the continent and also in the Middle East. Photo by Kostiantyn Liberov/Libkos/Getty ImagesRussia's defense ministry "almost certainly redeployed detachments from the Africa Corps to the Ukrainian border during April 2024 in preparation for this offensive," the defense ministry said. Other Africa Corps detachments are believed to have deployed to Syria, Libya, Burkina Faso, and Niger, the UK said. French Army via APThe recent deployment of certain Africa Corps units to the Kharkiv region appears to underscore Russia's commitment to its new offensive.
Persons: , Wagner, Kostiantyn Liberov, Yevgeny Prigozhin, Volodymyr Zelenskyy Organizations: Service, Africa Corps, Business, Nazi, French Army, AP, Libkos, Staff of, Armed Forces, Facebook Locations: Russia, Africa, Ukraine, Moscow, Vovchansk, Ukraine's Kharkiv, Kharkiv, Ukrainian, Syria, Libya, Burkina Faso, Niger, Mali
We were going to Paris to see Taylor on May 9, 2024. AdvertisementStrong enjoyed every moment of the Taylor Swift concert in Paris. When Jennifer asked if I wanted to see Taylor with her in Paris, it was a no-brainer. Five of us went to the concert, including Jennifer, 32, another granddaughter, Brianne Pattison, 36, and my daughter-in-law, Kay Strong, 66. I'm happy that the younger generation knows there are older people like me who love to have fun in their life.
Persons: , Nancy Strong, Jennifer, Taylor Swift's, We've, — I, Taylor, I've, Taylor Swift, she'd, Asa, Strong, Jennifer Strong, Brianne Pattison, Kay Strong Organizations: Service, Business, MTV, Kanye West Locations: New York, Europe, Paris, Dallas, Reading , Pennsylvania, Reading, Antarctica, South America, Amsterdam, Anthropologie
Read previewWhen my husband and I eloped on a cliff overlooking the Minnesota-Ontario border, I was adamant about keeping my last name. I didn't want to go through the hassle of all that paperwork, and I didn't see the need to share a last name with my spouse. Keeping my last name made me feel more independentI'd be lying if I said I didn't enjoy how keeping my maiden name made me feel. I experienced a shift in perspective when I got pregnantI was 28 when we started trying for a baby. I felt a closeness to my husband I'd never experienced before.
Persons: , I've, nodded, We'd, I'm, I'd, Little, we'd Organizations: Service, Minnesota -, Business, Pew Locations: Minnesota, Minnesota - Ontario
This means that the upper class in one state could still be considered middle class in another. AdvertisementEven so, being upper class may not feel like swimming in wealth. New York has the second-highest share in the upper class at nearly 21%, even though the cutoff is $159,100. AdvertisementThe list of states with the lowest shares of people in the upper class also doesn't correspond. Alaska, Utah, and Idaho have below 15% of their populations in the upper class, while Wyoming and Delaware are in the 15% range.
Persons: , they're Organizations: Service, Business, Pew, DC Locations: Washington, New Jersey, Maryland , Massachusetts, Hawaii , California, New York, Louisiana, Mississippi, West Virginia, Louisiana , Arkansas , Kentucky , Oklahoma , Alabama, New Mexico, Alaska , Utah, Idaho, Wyoming, Delaware
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