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☆ GameStop: Why this meme stock frenzy is different from 2021
▼ + stars: | 2024-06-12 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

New York CNN —Meme stock mania is back. Meme stocks saw a resurgence last month after Keith Gill, an investor who helped stoke the meme stock frenzy in 2021, made his first post on X in three years. For many traders who experienced the original meme stock craze, the phenomenon has prompted a wave of deja vu. Still, there are key differences between the reignited 2024 meme stock craze and the original in 2021. While GameStop shares have surged in recent weeks, it is still down 65% from its record high closing price in 2021.

Persons: Keith Gill, ” Gill, Gill, —, that’s, Craig Sarembock, ”, Joe Biden, Donald Trump, Trump, Biden, Samantha Delouya, That’s, Elon Musk, OpenAI, Hanna Ziady, ” Musk, Apple Organizations: CNN Business, Bell, New York CNN, stoke, GameStop, CNN, Federal Reserve, Bartlett Wealth Management, Global, ExxonMobil, Chevron, ConocoPhillips, EOG Resources, Schlumberger, Apple, SpaceX, Bluetooth, OpenAI, Developers Locations: New York, United States, OpenAI

☆ Judge bars 'pharma bro' Martin Shkreli from streaming Wu-Tang Clan album after suit says he copied it
▼ + stars: | 2024-06-12 | by ( Dan Mangan | ) www.cnbc.com time to read: +5 min

A federal judge temporarily barred notorious "pharma bro" Martin Shkreli from streaming or disseminating copies of a one-of-a-kind Wu-Tang Clan album he had forfeited as part of his criminal fraud conviction in 2017. Steven Cooper, a lawyer for PleasrDAO, said Wednesday that he could not comment on whether he has been in touch with prosecutors on Shkreli's alleged violation of his forfeiture order. Shkreli bought the Wu-Tang Clan album in 2015 for $2 million, setting a Guinness world record for the most expensive musical work ever sold. The 31-track, two-disc Wu-Tang Clan album, came in a hand-carved, nickel-and-silver-cased box set, which itself was nestled in a larger leather box. At the time of the sale, Shkreli owed almost $2.4 million on the forfeiture order.

Persons: Martin Shkreli, Benjamin Brafman, bro, Martin, Wu, Tang, Pamela Chen, Shkreli, Chen, Steven Cooper, PleasrDAO, Cooper, Lil Wayne, Carter, Pablo Picasso, Wu - Tang Organizations: U.S, CNBC, pharma, Wu - Locations: Brooklyn, New York City, U.S, Brooklyn , New York, Cayman Islands, Tasmania, Australia, United States

☆ Biden heralds his efforts to strengthen gun laws hours after son convicted on firearms charges
▼ + stars: | 2024-06-11 | by ( Michael Williams | ) edition.cnn.com time to read: +5 min

Speaking at an Everytown for Gun Safety event under a banner that read “Gun Sense University” in large block letters, the president did not reference his son’s conviction. Hunter Biden was pronounced guilty earlier in the day of three felony charges after a jury found he lied on a form by saying he was not abusing drugs when he purchased a firearm in 2018. Nothing will ever change that.”The painful moment for the Biden family comes a day before President Biden is expected to leave for a three-day trip to Italy for the G7 summit. As the trial was underway last week, Biden was in France commemorating D-Day. He also frequently touts signing the Bipartisan Safer Communities Act, which was the first significant gun safety legislation in a quarter-century when it was passed.

Persons: Joe Biden, Hunter Biden, Biden, Jill, ” Biden, Hunter, Jill Biden, “, we’ve, Donald Trump, Trump, ”, CNN’s Kevin Liptak Organizations: Washington CNN, White House, Safer Communities, NRA Locations: Wilmington, Italy, France, Delaware, Texas, New York

☆ OpenAI ex-employees worry about company's control over their millions of dollars in shares
▼ + stars: | 2024-06-11 | by ( Hayden Field | ) www.cnbc.com time to read: +12 min

However, current and former OpenAI employees have been increasingly concerned about access to liquidity, according to interviews and documents shared internally. "We're incredibly sorry that we're only changing this language now," an OpenAI spokesperson told CNBC after the company changed course. In at least two tender offers, the sales limit for former employees was $2 million, compared to $10 million for current employees. In addition to current and former employees, OpenAI has a third tier for share sales that consists of ex-employees who now work at competitors. OpenAI said it's never canceled a current or former employee's vested equity or required a repurchase at $0.

Persons: Sam Altman, Jason Redmond, OpenAI, Slack, Siri, Ilya Sutskever, Jan Leike, Altman's, Sarah Friar, Larry Albukerk, Albukerk, CNBC they've, it's, Doug Brayley Organizations: Microsoft, AFP, Getty, CNBC, Apple, Federal Trade Commission, Justice Department, Nvidia, OpenAI, EB Exchange, Ropes & Gray Locations: Redmond , Washington, OpenAI, California

☆ North Dakota Measure 1 Election Results: Congressional Age Limit
▼ + stars: | 2024-06-11 | by ( ) www.nytimes.com time to read: 1 min

North Dakota voters will decide whether to impose an age limit on members of Congress from their state. If the measure passes and survives any future legal challenges, it would ban North Dakotans from being elected or appointed to Congress if they would turn 81 by the end of the year before their term expired. All three current members of North Dakota’s congressional delegation are younger than 70.

Locations: Dakota

☆ Elon Musk is beefing with Apple and Tim Cook again. It's not the first time the Tesla CEO picked a fight with the iPhone giant.
▼ + stars: | 2024-06-11 | by ( Grace Kay | Ana Altchek | ) www.businessinsider.com time to read: +1 min

Elon Musk criticized Apple and its CEO years ago before appearing to patch things up during an Apple HQ visit with Tim Cook. On Monday, Musk slammed Apple for its OpenAI partnership and threatened to ban iPhones and MacBooks at his companies. Here's a history of the beef between the Tesla CEO and the tech giant. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The first signs of Musk's one-sided beef with Apple came in 2015 when he joked that Apple employed Tesla's rejects.

Persons: Elon, Tim Cook, Musk, MacBooks, —, Apple, Tesla's, we've Organizations: Apple, Service, Business

☆ Trump is dangling a lot of promises for a second term as he seeks support in new spaces
▼ + stars: | 2024-06-11 | by ( Steve Contorno | ) edition.cnn.com time to read: +9 min

CNN —Former President Donald Trump lately has dangled some very specific promises to his audiences. But Trump’s campaign has prioritized flipping Nevada and the Democratic Party’s historical advantage in Latino communities, and polling suggests they have made progress on both fronts. Trump’s campaign confirmed the former president intends to seek a legislative change. “President Trump will ask Congress to eliminate taxes on tips,” spokesperson Karoline Leavitt told CNN. Trump has published an entire website to host many of his proposals for a second term.

Persons: Donald Trump, Trump, Joe Biden’s, ” Trump, hasn’t, Ron Wyden, Sheldon Whitehouse, Trump’s, “, ”, Karoline Leavitt, “ Joe Biden, Biden, Chase Oliver, Ross Ulbricht, Ulbricht, Ross, Joe Biden, ” Oliver, Harris, ” Biden, Quentin Fulks, headwinds, Shawn Fain Organizations: CNN, Las, Libertarian, Trump, Republican, Biden, Democratic, National Rifle Association, Senate Democrats, Washington Post, Oregon Democrat, Rhode, Culinary Workers Union Local, Garden State, US Department of Justice, Black Voters, Black, United Auto Workers, Fox Locations: Las Vegas, Michigan, In Nevada, Nevada, U.S, Oregon, Rhode Island, Wildwood , New Jersey, Garden, battlegrounds, Detroit

☆ Apple wants to put a friendlier spin on artificial intelligence, but many users could miss out
▼ + stars: | 2024-06-11 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at all the takeaways from Apple's big event , including its friendlier spin on artificial intelligence . Related VideoBut first, it's not AI; it's Apple Intelligence. Apple Intelligence — it's AI, just not that AI — is the company's first big swing in the space. Data is the name of the game when it comes to AI, and Apple's iPhones are full of it. However, the Apple Intelligence news and partnership with OpenAI is what really set the billionaire off.

Persons: —, we've, it's, Andrew Burton, Justin Sullivan, Rebecca Zisser, Tim Cook, Apple, Apple's, Insider's Jordan Hart, Katie Notopoulos, Pro Max, BI's Peter Kafka, Max —, wasn't, Elon Musk, Chelsea Jia Feng, Grzegorz Wajda, Elon, Bernstein, Toni Sacconaghi, Point72, Steve Cohen's, WallStreetBets, Tyler Le, OpenAI, Sarah Friar, Kevin Weil, who's, Sam Altman's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Annie Smith Organizations: Service, Business, Tech, Apple Intelligence, Washington, Getty, Apple, Pro, Elon, OpenAI, Academy Investment, GameStop, Planet Labs, Oracle Locations: Apple's, Chelsea, Silicon, New York, London

☆ Elon Musk threatens to ban iPhones at his companies if Apple integrates ChatGPT
▼ + stars: | 2024-06-11 | by ( Hanna Ziady | ) edition.cnn.com time to read: +4 min

London CNN —Elon Musk is not happy about a new partnership between Apple and ChatGPT creator OpenAI. “Apple has no clue what’s actually going on once they hand your data over to OpenAI,” Musk said in a separate post. OpenAI’s technology will support some of these new tools — for example, allowing users to direct questions to ChatGPT via their Apple devices. Greg Brockman, OpenAI president, said late Monday that ChatGPT would be integrated into Apple’s operating systems for iPhones, iPads and Mac computers. So Musk’s employees may have limited options if he wants to ban rival AI — or even OpenAI — from his companies.

Persons: London CNN — Elon Musk, OpenAI, ” Musk, Apple, Musk’s, Siri, Greg Brockman, We’re, Will, Sam Altman, ”, Catherine Flick, ” OpenAI, ” Matt Britzman, Hargreaves Lansdown Organizations: London CNN, Apple, SpaceX, Bluetooth, ” CNN, OpenAI, Developers, Apple Intelligence, Google, Samsung, Microsoft, Windows, Staffordshire University Locations: OpenAI, ”, England

☆ North Dakota Primary Election Results
▼ + stars: | 2024-06-11 | by ( ) www.nytimes.com time to read: 1 min

Create Congressional Age LimitNorth Dakota voters will decide whether to impose an age limit on members of Congress from their state. If the measure passes and survives any future legal challenges, it would ban North Dakotans from being elected or appointed to Congress if they would turn 81 by the end of the year before their term expired. All three current members of North Dakota’s congressional delegation are younger than 70.

Locations: Dakota

☆ Elon Musk hints that his next move could be making an X phone
▼ + stars: | 2024-06-11 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

Elon Musk is eyeing a possible X phone. Musk, who owns X, formerly Twitter, said Tuesday such a device is "not out of the question." AdvertisementElon Musk is weighing the idea of building an X phone amid his threats to ban iPhones and other Apple devices from his companies. On Monday, an X user tweeted his prediction that Musk would create an X phone, which Musk replied was a possibility. "X will partner with Samsung to manufacture an X phone."

Persons: Elon Musk, Musk, —, Elon Organizations: Apple, Service, Samsung, Business

☆ CNBC Daily Open: Musk threatens Apple ban
▼ + stars: | 2024-06-11 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Technology stocks Nvidia, Meta and Microsoft boosted the indexes. Apple ban threatElon Musk threatened to ban Apple devices from his companies after Apple announced a partnership with OpenAI. Ailman suggested Musk should focus on one of his ventures and let professional managers handle Tesla's daily operations. The Taiwan Weighted index hit a record high, before paring back gains, as technology and utility stocks rose.

Persons: Elon Musk, Tesla, Goldman Sachs, Musk, Elon Musk's, Chris Ailman, CNBC's, Ailman, CalSTRS, Elliott, paring, Seng, Kospi, Morgan Stanley Organizations: New York Times DealBook, CNBC, Nasdaq, Technology, Nvidia, Meta, Microsoft, Dow Jones, Apple, OpenAI, California State Teachers, Elliott, Southwest, Elliott Management, Southwest Airlines, Boeing, CSI, Nikkei Locations: New York City, U.S, Asia, Taiwan, Pacific

☆ Judge Strikes Down Florida’s Ban on Transgender Care for Minors
▼ + stars: | 2024-06-11 | by ( Patricia Mazzei | ) www.nytimes.com time to read: +1 min

Key parts of a Florida law that bans gender transition care for minors and imposes hurdles on adults seeking transition care are unconstitutional, a federal judge ruled on Tuesday. Judge Robert L. Hinkle of Federal District Court in Tallahassee sided with advocacy groups and three families who had said that the law stripped them of parents’ rights to make medical decisions for their transgender children. In a 105-page order, Judge Hinkle said that “gender identity is real” and that a “widely accepted standard of care” includes puberty blockers and hormone treatments that Florida unlawfully banned. “The state of Florida can regulate as needed but cannot flatly deny transgender individuals safe and effective medical treatment — treatment with medications routinely provided to others with the state’s full approval so long as the purpose is not to support the patient’s transgender identity,” Judge Hinkle wrote.

Persons: Robert L, Hinkle, Judge Hinkle, ” Organizations: Court Locations: Florida, Tallahassee

☆ Biden administration moves to ban medical debt from credit reports
▼ + stars: | 2024-06-11 | by ( Rob Wile | ) www.cnbc.com time to read: +2 min

The Biden administration is moving to ban medical debt from credit reports. Medical debt, she said, "makes it more difficult to get by, much less get ahead. A recent study estimated that one in five U.S. households live with medical debt, including people with health insurance; and that on average, a typical American household owes about $4,600 in medical debts. "Medical bills on credit reports too often are inaccurate and have little to no predictive value when it comes to repaying other loans." The association said it had also extended the time before medical collections debt appears on credit reports and deleted resolved debts and medical collection debts below $500.

Persons: Joe Biden, Kamala Harris, North Carolina Governor Roy Cooper, Biden, Harris, Rohit Chopra Organizations: U.S, North Carolina Governor, Chavis Community Center, Consumer Financial Protection Bureau, Consumer Data Industry Association Locations: Chavis, Raleigh , North Carolina, U.S

☆ Kamala Harris blasts Rep. Byron Donalds for comments on Black families under Jim Crow
▼ + stars: | 2024-06-10 | by ( Donald Judd | ) edition.cnn.com time to read: +3 min

CNN —Vice President Kamala Harris, in an interview published Monday, criticized a suggestion made last week by Republican Rep. Byron Donalds that Black families were “together” during the Jim Crow era of racial segregation. Ron DeSantis into Black history curriculums. “During Jim Crow, more Black people were not just conservative — because Black people have always been conservative-minded — but more Black people voted conservatively,” he said. “Everyone on that list has supported a Trump abortion ban in their state or has called for a national ban. Are we supposed to debate that?”The vice president has often served as the administration’s messenger on an array of hot-button issues.

Persons: Kamala Harris, Byron Donalds, Jim Crow, Donald Trump’s, Politico, Donalds, “ It’s, ” Harris, Ron DeSantis, “, Wesley Hunt, ” Donalds, ”, Harris, Trump Organizations: CNN, Republican Rep, Politico, Republican, Trump, Republican Gov, Texas Rep, Philadelphia Inquirer, Biden, Florida Republicans, of, state’s Department of Education Locations: Florida, Philadelphia, Jacksonville , Florida, Tucson

☆ An inside look at the weekend the GameStop frenzy began on WallStreetBets
▼ + stars: | 2024-06-10 | by ( Nathaniel Popper | ) www.businessinsider.com time to read: +19 min

Like Tesla and Palantir, GameStop was a popular stock to short among hedge funds, though GameStop took it to a whole new level. "That's how I feel about these GME posts that are using the 'P' and get in so we can cause an 'S' words that are no-nos." That was enough to make WallStreetBets the seventh-largest holder of GameStop stock, ahead of some of the big Wall Street investment firms that had shown interest in the stock. AdvertisementOn WallStreetBets, Alzmann shared the growing evidence that Cohen was indeed planning to take a more active role at GameStop. AdvertisementBut when Cramer dug into the conversation happening around GameStop on WallStreetBets, he saw that something new and more sophisticated was happening.

Persons: GameStop, Jaime Rogozinski, Tesla, Jordan Zazzara, I've, Zazzara, Ryan Cohen, Andrew Left, ahem Citron, PLTR, here's, Citron, We're, WallStreetBets, Uberkikz11, I'm, Ryder, Rod Alzmann, Bolt, Alzmann, Kitty, Roaring Kitty, StockTwits, lockdowns, Nathaniel Popper, Harper Collins, Cohen, Jim Cramer, manipulatively, Cramer, who've, It's Organizations: GameStop, Sony, Business, Twitter, Gamestop, Virgin Galactic, Blockbuster, Netflix, Citron Research, Research, Vanguard, YouTube, Roaring, Roaring Kitty, Owls, WSB, shits, GME Owls, CNBC, Virgin, Street Books, HarperCollins Publishers, Misfits Locations: sweatpants, Tampa , Florida

☆ Elon Musk threatens to ban iPhones and MacBooks at his companies after Apple announces OpenAI partnership
▼ + stars: | 2024-06-10 | by ( Ana Altchek | ) www.businessinsider.com time to read: +1 min

Elon Musk slammed Apple's new OpenAI partnership, threatening to ban Apple devices at his companies. He said visitors will have to check their Apple devices and they will be stored in a Faraday cage. Apple assures privacy protections, while Musk claims Apple can't ensure user security if integrating OpenAI's technology. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Apple announced at its Worldwide Developer's Conference on Monday that it will be integrating its new AI software, called Apple Intelligence, across the iPhone, iPad, and Mac.

Persons: Elon Musk, —, Elon, Apple —, Siri, Apple Organizations: Service, Apple, Worldwide, Conference, Apple Intelligence, Mac, OpenAI, Business

☆ Americans tired of sky-high borrowing costs will be disappointed this week
▼ + stars: | 2024-06-10 | by ( Krystal Hur | ) edition.cnn.com time to read: +7 min

New York CNN —Another month, another hot jobs report that has Wall Street wondering when the Federal Reserve will finally cut interest rates. On the other, it puts long-awaited interest rate cuts from the Federal Reserve on the back burner. Before the Bell: Do you think the Fed could lower its projection for three quarter-point rate cuts this year? Is it concerning that the European Central Bank and Bank of Canada have begun cutting rates before the Fed? A Samsung spokesperson told CNN that, “there is no impact on production and management activities” as a result of the one-day walkout.

Persons: Bell, Nate Thooft, I’m, that’s, Yoonjung Seo, —, Son Woomok, Matt Egan, Lina Khan, Beam, Robinson Organizations: CNN Business, Bell, New York CNN, Federal Reserve, Manulife Investment Management, Reserve, European Central Bank, Bank of Canada, European Central Bank and Bank of Canada, Workers, Samsung Electronics, Nationwide Samsung Electronics Union, CNN, Reuters, Samsung, SK Hynix, Micron Technology, Federal Trade Commission, Southern, Biden, FTC, Politico Locations: New York, South Korea, Miami, United States

☆ Elon Musk threatens to ban Apple devices from his companies over OpenAI partnership
▼ + stars: | 2024-06-10 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +3 min

Elon Musk, the CEO of Tesla and SpaceX, threatened to ban Apple devices from his companies on Monday after the iPhone maker announced a partnership with OpenAI. In a series of posts on his social media platform X, Musk shared concerns about whether Apple and OpenAI will protect users' information. He specifically said that Apple devices would be banned if the company "integrates OpenAI at the OS level," referring to Apple's operating system. Musk replied directly to a post from Apple CEO Tim Cook and claimed he will ban Apple devices from his companies' premises unless Cook decides to "stop this creepy spyware." He added that his companies' visitors will be asked to check their Apple devices at the door.

Persons: Elon Musk, The Beverly Hilton, Musk, Apple, Siri, ChatGPT, Tim Cook, Cook, He's, Sam Altman, OpenAI, Altman, didn't, —, Steve Kovach, Lora Kolodny, Tesla Organizations: SpaceX, Tesla, The Beverly, OpenAI, Apple, CNBC, Company Locations: Beverly Hills , California, U.S

CNN —Three hostages rescued by the Israeli military during a deadly raid in Gaza were held captive by a journalist, the Israel Defense Forces (IDF) alleged Sunday, without providing evidence to support their claim. More than 200 people were killed in the Israeli raid, according to Gazan authorities. The four rescued hostages are in “good medical condition” and are receiving medical attention, according to the IDF. More than 70 hostages held in Gaza since Hamas’ deadly surprise attack on October 7 are believed to be alive. More than 100 hostages were freed under a temporary truce last year, while Israel has rescued seven hostages by military means.

Persons: Almog Meir Jan, Andrey Kozlov, Shlomi Ziv, Abdallah Aljamal, Noa Argamani, Aljamal, Ramy Abdu, Israel, Al Jazeera, Al Jazeera’s, ” Aljamal, Aljamal’s, “, Argamani Organizations: CNN, Israel Defense Forces, Nova, IDF, Human Rights, Al, Palestine, Foreign Ministry, Palestinian Ministry of Labor, Residents, Aqsa Martyrs Hospital Locations: Gaza, Al Jazeera, Qatar, Al, Aqsa, Israel

☆ The US has a rich drag history. Here’s why the art form will likely outlast attempts to restrict it
▼ + stars: | 2024-06-09 | by ( Scottie Andrew | ) edition.cnn.com time to read: +16 min

Most of those efforts failed, but they have fueled harmful rhetoric around drag performers and the art form itself. Barbara Alper/Getty ImagesDrag has become increasingly visible in recent years through mainstream shows like “RuPaul’s Drag Race” and popular public events such as drag brunches, drag bingo and drag queen story hours, in which drag performers read children’s books to young audiences, often at libraries. Pickle reads from a book during the Drag Queen Story Hour program at a Los Angeles library in 2019. These lawmakers falsely claim that drag performers “groom” or sexualize children, of which there is also no evidence. It’s why Alaska Thunderf**k, the blonde bouffanted winner of the second season of “RuPaul’s Drag Race All Stars,” first got into drag – to make art that wasn’t bound by rules.

Persons: Anderson Cooper, twirling, Madonna’s, Papa Don’t, ”, “, Meatball, George Santos, Mo B, Dick, It’s, Joe E, Jeffreys, Barbara Alper, ” Jeffreys, ’, Larry La Fountain, Stokes, Ann Arbor, von Miramar, you’ve, William Dorsey Swann, Swann, Channing Gerard Joseph, Nino Testa, ” Testa, it’s, ” Julian Eltinge, pansy, weren’t, Joan Jett Blakk, Adam Turner, Blakk, —, ” Blakk, I’m, Testa, Devin Antheus, Harry James Hanson, Hanson, Marsha P, Johnson, Sylvia Rivera, ” Antheus, Esther Newton, impersonators, ” Newton, RuPaul Charles, who’d, Monica Beverly Hillz, Kylie Sonique, RuPaul, Sasha Colby, Santiago Felipe, David McNew, Antheus, aren’t, who’ve, we’ll Organizations: CNN, New York University, University of Michigan, New, Princeton University, Texas Christian University, Police, Queens, San Francisco, Stonewall, “, Guardian, Broadway, Movement Advancement Locations: Florida, Ann, “, Harlem, Washington, America, Fort Worth, New York, San Francisco, Tennessee, Montana, Los Angeles, It’s, Alaska

☆ Election Updates: Trump rallies in Las Vegas.
▼ + stars: | 2024-06-09 | by ( Maggie Astor | ) www.nytimes.com time to read: +6 min

Republicans defended Mr. Trump against what they insisted was an unfair trial in New York. Senator Chris Coons, a Delaware Democrat and co-chairman of Mr. Biden’s re-election campaign, opposed asylum restrictions when Mr. Trump enacted them. “Former President Trump actually wants a problem to solve through his election rather than a solution that a bipartisan group of senators stood behind,” he said. President Trump is simply making a political issue of this.”Whitmer said contraception was “very much at risk” under Republicans. Vance of Ohio, another possible running mate to Mr. Trump, criticized Mr. Biden for his trip to Normandy to mark the 80th anniversary of D-Day, and for an ad from his campaign that featured veterans denouncing Mr. Trump.

Persons: Donald J, Trump, Biden, — surrogates, Noem, —, Kristi Noem, Elise Stefanik, ” Ms, Donald Trump, Ms, ” Abbott, Biden’s, Greg Abbott of, “, Mr, Abbott, ” …, Coons, Chris Coons, ”, ” Whitmer, Gretchen Whitmer, Hunter, Cotton, Biden wasn’t, Tom Cotton of, ” Vance, J.D, Vance of Ohio, “ Joe Biden, ” Mr, Vance, he’s Organizations: Mr, CNN, Cricket, Republican, Fox News, Delaware Democrat, Republicans, Gov, U.S, Senate, Trump, “ Fox, Sunday Locations: New York, South Dakota, Wisconsin, Greg Abbott of Texas, Delaware, United States, Michigan, Israel, Ukraine, Tom Cotton of Arkansas, Gaza, Normandy

☆ Opinion: Trump and Biden as housemates for a weekend? A TV program in Europe shows it could be a hit
▼ + stars: | 2024-06-09 | by ( Dean Obeidallah | ) edition.cnn.com time to read: +7 min

CNN —Hugely popular US television shows like “Shark Tank,” “Survivor” and even “American Idol” are based on hit programs from foreign countries. What better way to shake things up — and spark public interest — than having Biden and Trump spend a weekend together with TV cameras capturing almost every move? That means there’s a possibility that Trump could be sentenced to prison or home confinement for an extended period of time. If that were to happen, the show would be a no-go — unless Biden were to agree to spend the weekend filming in Mar-A-Lago, if Trump should get sentenced to house arrest. If the former president were to get hard time, Biden would have to be game to spend a weekend in Trump’s prison block.

Persons: Dean Obeidallah, —, Tom Van Grieken, ” Dean, Vlaams, Bart De Wever, Van Grieken’s, “, Van, De, ”, Trump, Biden Organizations: CNN, Dean Obeidallah CNN, New York Times, European Union Parliament, NBC, Biden, Trump, Republican, New Locations: America, Belgium, Dutch, Europe, Flemish, Wallonia, November’s, cologne, New York, Mar

☆ Here's an idea: a worldwide universal basic income paid for by a carbon tax. A study found that it could boost the global GDP by 130%.
▼ + stars: | 2024-06-09 | by ( Katie Balevic | ) www.businessinsider.com time to read: +3 min

Read previewSome might say a universal basic income is wishful thinking, but one study suggests it could have staggering impacts on the global economy. Basic income pilots gained popularity after the COVID-19 pandemic, which caused record-high unemployment — nearly 15% — in the United States in early 2020. A universal basic income program, or UBI, would provide regular cash payments to everyone. South Africa is on track to be the first country to adopt a universal basic income. "In theory, it is a beautiful idea to use basic income to help people, sustain nature, and boost the economy.

Persons: —, Rashid Sumaila, Sumaila Organizations: Service, Business, University of British Locations: United States, University of British Columbia, America, Iowa, South Africa

☆ Betting is the ‘Achilles’ heel’ of US sports. Are leagues doing enough?
▼ + stars: | 2024-06-09 | by ( Amy Woodyatt | ) edition.cnn.com time to read: +11 min

“But matters affecting the integrity of the game have a chilling effect across the board and governing bodies know this is their Achilles heel,” he warned. Fast forward to 2024 and the gambling industry is engrained in US sports culture with leagues, franchises, players and networks now partnering with betting organizations. “We need legislation to do things like prevent sports betting advertising, and to prevent prop betting. However, it can be often in leagues’ financial interest for betting to increase in popularity. “The sports leagues have turned to sports betting because it increases fan avidity.

Persons: Ippei Mizuhara, Shohei Ohtani, Tucupita Marcano, Jontay Porter, ” David Carter, ”, Paul Sancya, – it’s, Andrew Zimbalist, Zimbalist, ’ ”, “, William Hill, Mike Segar, Porter, Long Phi Pham, Pham, Breon Peace, Victor Matheson, Matheson, Adam Silver, Robert D, Manfred , Jr, Wayne Gretzky, Bruce Bennett, ’ Zimbalist, LeBron James, Patrick Mahomes, Connor McDavid’s, ” Matheson, ” Carter, ” Zimbalist, CNN’s Thomas Schlachter Organizations: CNN, Los Angeles Dodgers, Major League Baseball, San Diego Padres, National Basketball Association, Toronto Raptors, NBA, USC Marshall School of Business, MGM Grand Detroit, DC, Super, American Gaming, Smith College, Monmouth, Reuters, Authorities, Supreme, College of, NFL, MLB, New York Rangers, Carolina Hurricanes, Madison, Garden, “, NCAA, National Council Locations: Brooklyn, Michigan, Detroit, Washington, Oceanport , New Jersey, U.S, Porter , Brooklyn, New York City

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