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☆ ChenMed just tapped a UnitedHealthcare veteran to take over as the clinic company confronts financial pressures
▼ + stars: | 2023-07-20 | by ( ) www.businessinsider.com time to read: +4 min

The family behind primary-care company ChenMed is stepping back from their leadership roles. He will bring on an almost entirely new leadership team, effective August 1. "The Chen family remains owners of the ChenMed company, and we will no longer be directing company operations," Chris Chen told staff. As a private company, ChenMed does not disclose its financials. During the meeting Thursday, Chris Chen told staff that the family and leadership team have "decided to keep the ChenMed brands together."

Persons: Steve Nelson, ChenMed, Chen, Nelson, Chris Chen, Steve Nelson ChenMed, Steve, Chris Chen's, Dr, Gordon Chen, James Chen, Mary Chen, Stephanie Chen, Jessica Chen, Shelby Livingston Organizations: Humana Locations: slivingston, insider.com

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Persons: you'll, Price, Robin, You'll, Price Dave, Dave, Buster's, you've, Elaine Benes, we've Organizations: Amazon, GameStop, Buffalo Wild Wings, Cheesecake, Regal, GAP Locations: Grubhub, California

Persons: it's, you'll, Price, Robin, You'll, Price Dave, Dave, Buster's, you've, Elaine Benes, we've Organizations: Amazon Prime, Amazon, GameStop, Buffalo Wild Wings, Cheesecake, Regal, GAP Locations: Grubhub, California

☆ MLB roundup: Shohei Ohtani belts 30th homer in Angels' loss
▼ + stars: | 2023-07-01 | by ( ) www.reuters.com time to read: +9 min

Major league home run leader Shohei Ohtani hit his 30th of the season for the Angels, a 493-foot blast to right. Reds 7, Padres 5 (11 innings)Spencer Steer drilled a game-winning, two-out, two-run homer off the upper deck in left to lead Cincinnati past visiting San Diego for its their third straight win and 15th in 18 games. The Reds were down to their final out when Matt McLain drilled a two-run homer in the 10th to extend the see-saw contest. Pirates 8, Brewers 7Carlos Santana's two-out, two-run homer in the ninth inning lifted Pittsburgh past visiting Milwaukee for its fourth win in a row. Nationals 2, Phillies 1Stone Garrett hit a two-run homer to lift Washington past host Philadelphia for its third straight win.

Persons: Lourdes Gurriel Jr, Evan Longoria, Shohei Ohtani, Mike Trout, Arizona's Tommy Henry, Griffin Canning, Spencer Steer, Matt McLain, Elly De La Cruz, Gary Sanchez, Juan Soto, Carlos Santana's, Matt Bush, Ji Hwan Bae, Andrew McCutchen's, Santana, Carmen Mlodzinski, Brice Turang, Christian Yelich, Owen Miller, Rowdy Tellez, Freddy Peralta, Randy Arozarena, Josh Lowe, Jose Siri, Shane McClanahan, Tom Murphy, Shawn Armstrong, Jake Diekman, Kevin Kelly, Jason Adam, Colin Poche, McClanahan, James Paxton, Jarren Duran, Justin Turner, Masataka Yoshida, Jose Berrios, Stone Garrett, Dominic Smith, Lane Thomas, Josiah Gray, Hunter Harvey, Cristopher Sanchez, Alec Bohm, Justin Steele, Nico Hoerner, Nick Madrigal, Christopher Morel, Cleveland's Cal Quantrill, Will Brennan, Amed Rosario, Patrick Bailey, Joc Pederson, David Robertson, Pete Alonso, J.D, Davis, Bailey, Jeff McNeil, Tommy Pham, Omar Narvaez, Matt Olson, Michael Soroka, Olson, Eddie Rosario, Austin Riley, Sean Murphy, Ronald Acuna Jr, Soroka, Jose Altuve, Mauricio Dubon, Yainer Diaz, Dubon, Jake Meyers, Ronel Blanco, Ryan Pressly, Pablo Lopez, Byron Buxton, Joey Gallo, Max Kepler, Royce Lewis, Buxton, Lopez, Adley Rutschman, Dean Kremer, Mookie Betts, Betts, Alec Marsh, Ezquiel Tovar, Nolan Jones, Jurickson Profar, Ryan McMahon, Austin Gomber, Pierce Johnson, Andy Ibanez, Tony Kemp, Luis Medina, Eloy Jimenez, Tanner Banks, JJ Bleday, Aledmys Diaz, Shea Langeliers, Jace Peterson's, Kemp, Jordan Diaz Organizations: Arizona Diamondbacks, Los Angeles Angels, Diamondbacks, Angels, Reds, Padres, Cincinnati, The Reds, Pirates, Brewers, Pittsburgh, Milwaukee, Rays, Mariners, Tampa Bay, Seattle, Tampa, Sox, Blue Jays, Boston, Toronto, Red Sox, Nationals, Phillies, Cubs, Chicago, Guardians, Giants, Mets, San Francisco, New, Braves, Marlins, Miami, National League, Astros, Rangers, Texas, Orioles, Minnesota, Baltimore, Twins, Dodgers, Royals, Kansas City, Rockies, Tigers, Colorado, Detroit, Austin, Athletics, White Sox, Oakland, A's, Thomson Locations: Anaheim, Calif, Los Angeles, San Diego, Milwaukee, Paxton, Washington, Philadelphia, Chicago, Cleveland, New York, Houston, Arlington , Texas, Kansas, Denver, Medina

☆ Inside Sweetgreen's first automated location — and the salad chain's plans to take the tech nationwide
▼ + stars: | 2023-06-24 | by ( Amelia Lucas | ) www.cnbc.com time to read: +9 min

But with its so-called Infinite Kitchen, Sweetgreen joins the legion of restaurant companies incorporating automation into their businesses. Sweetgreen plans to open a second Infinite Kitchen location later this year. Unlike the traditional Sweetgreen restaurant, customers won't have to wait 10 to 15 minutes to pick up mobile orders. Source: SweetgreenBehind the counter is the "Infinite Kitchen," which resembles the bulk food dispensers found in some grocery stores. Employees have to set up the Infinite Kitchen in the morning, ensuring it's well-stocked and calibrated for accurate and consistent portions.

Persons: Sweetgreen, Jonathan Neman, William Blair, hasn't, Spyce, —, Timothy Noonan, Noonan, they're, T.D, Cowen Organizations: William, William Blair Growth Stock, MIT, IK, CNBC, Employees, Workers Locations: Chicago, Naperville , Illinois, Boston, Neman, New York, Naperville

☆ Exclusive: How this under-the-radar VC landed a $27 million third fund and bets in some of the buzziest startups like Jasper and Motherduck
▼ + stars: | 2023-06-21 | by ( Stephanie Palazzolo | ) www.businessinsider.com time to read: +5 min

Essence VC has raised its third fund of $27 million from LPs like Cendana and Sapphire Ventures. The fund has bet on buzzy startups like generative AI darling Jasper and a16z-backed Motherduck. And now, his firm Essence VC has just raised its $27 million third fund. The latest fund, backed by VC firms and funds of funds including Cendana Capital, Vintage Investment Partners, Sapphire Ventures, Level Ventures, and Crossover, follows a $7 million and $1 million fund. However, the "first-mover advantage" for startups also holds true in the land of VC, Chen says.

Persons: Jasper, Tim Chen, you've, Liz O'Sullivan, Vera, Chen, Scott Shi, —, Chi Zhang, Tim, Zhang, funder Chen, Christos Kozyrakis, Michael Huang, They're, it's, Ben Van Roo, Van Roo, Chen wasn't Organizations: Sapphire Ventures, Cendana, Vintage Investment Partners, Level Ventures, Founders, Stanford, Cloudera, Google Locations: a16z

☆ A political drama series on Netflix has sparked a #MeToo wave in Taiwan
▼ + stars: | 2023-06-14 | by ( Reena Koh | ) www.businessinsider.com time to read: +4 min

The Taiwanese Netflix political drama "Wave Makers" has sparked a #MeToo wave in Taiwan. It triggered a series of sexual assault allegations that have rocked Taiwan's political scene. download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyA new Taiwanese political drama series on Netflix that premiered on April 28 has sparked a #MeToo wave in Taiwan. This line threw open the floodgates to a wave of sexual assault allegations. As part of the #MeToo wave, Chien also came forward with her own sexual assault story in a Facebook post on June 2.

Persons: —, Let's, Chen Chien, Chen, Hsu Chia, Chen Mei, Yan Chih, Lin Nan, Tsai Mu, Hsu, Tsai Ing, Tsai, Chien Li, Chien, Yan Shi, Lin Chun Organizations: Netflix, Service, Washington Post, Democratic Progressive Party, China Morning, University Locations: Taiwan, Washington, China

☆ MLB roundup: Andrew Abbott, Reds blank Brewers
▼ + stars: | 2023-06-06 | by ( ) www.reuters.com time to read: +5 min

[1/5] Jun 5, 2023; Cincinnati, Ohio, USA; Cincinnati Reds starting pitcher Andrew Abbott (41) pitches against the Milwaukee Brewers in the first inning at Great American Ball Park. Abbott (1-0) allowed just one hit, walked four and struck out six for the Reds. Pirates 5, Athletics 4Andrew McCutchen's sacrifice fly in the eighth provided the game-winning run as Pittsburgh topped visiting Oakland for its sixth straight win. Alejandro Kirk and Daulton Varsho hit solo home runs for the Blue Jays, who had their four-game winning streak end. Chicago starter Kyle Hendricks (0-2) gave up four runs on six hits with four strikeouts and no walks in six innings.

Persons: Andrew Abbott, Katie Stratman, Abbott, Alexis Diaz, Stuart Fairchild, Tyler Stephenson, Julio Teheran, Joey Wiemer, Nathaniel Lowe, Louis, Marcus Semien, Will Smith, Martin Perez, Genesis Cabrera, Shane McClanahan, Justin Turner's, Yandy Diaz, Wander Franco, Francisco Mejia, Rafael Devers, Christian Arroyo, Trea Turner, Aaron Nola, Nick Castellanos, Bryce Harper, Realmuto, Nick Maton, Joey Wentz, Luis Arraez, Arraez, Bryan De La, Braxton Garrett, MJ Melendez, Nick Pratto slugged, Mike Mayers, Andrew McCutchen's, Sam Moll, Ji Hwan Bae, Austin Hedges, Bae, flyout, Angel Perdomo, Colin Holderman, JP Sears, Corey Julks, Jake Meyers, Yordan Alvarez, Kyle Tucker, Yainer Diaz, Meyers, Alejandro Kirk, Daulton Varsho, Alex Manoah, Blake Snell, Gary Sanchez, Snell, Kyle Hendricks Organizations: Cincinnati Reds, Milwaukee Brewers, Reds, Milwaukee, Brewers, Rangers, Cardinals, St, Rays, Red Sox, Tampa, Boston, Tampa Bay, Phillies, Tigers, Philadelphia, Detroit, Marlins, Royals, Miami, Kansas City, Pirates, Athletics, Pittsburgh, Oakland, Astros, Blue Jays, Houston, Toronto, Padres, Cubs, Diego, Chicago, Thomson Locations: Cincinnati , Ohio, USA, Texas, Arlington , Texas, Marcus, Miami, Kansas, Toronto

LONDON, June 5 (Reuters) - A senior Binance executive was the main operator for five bank accounts belonging to the giant cryptocurrency exchange’s purportedly independent U.S. affiliate, including an account that held American customers’ funds, bank records show. This allowed Chen and her deputies to move funds held in the bank accounts. The previously unreported bank records and messages show that Binance’s management over the U.S. business’s finances extended across its bank accounts at Silvergate and detail how this secret access was granted. Binance.US has denied that Binance ever operated its bank accounts. ‘PRIMARY ADMIN USER’The Binance.US trading platform was launched by its operating firm, BAM Trading, in mid-2019 under then Chief Executive Catherine Coley.

Persons: Guangying Chen, Changpeng Zhao, Chen, Binance, Zhao, Binance.US, Krishna Juvvadi, Christian Hertenstein, Brian Shroder, ” Hertenstein, “, Chen’s, Juvvadi, ”, Peak’s, Catherine Coley, Coley, Silvergate, James McDonald, Hertenstein, Susan Li, Li messaged, Li, Angus Berwick, Tom Wilson, Janet McBride, Michael Williams Organizations: Silvergate Bank, U.S, U.S . Securities, Exchange Commission, Reuters, BAM, U.S . Commodity Futures Trading Commission, CFTC, ” Reuters, SEC, “, Thomson Locations: U.S, Washington, American, US, Binance, Shanghai, Binance.US

LONDON, June 5 - A senior Binance executive was the main operator for five bank accounts belonging to the giant cryptocurrency exchange’s purportedly independent U.S. affiliate, including an account that held American customers’ funds, bank records show. This allowed Chen and her deputies to move funds held in the bank accounts. The previously unreported bank records and messages show that Binance’s management over the U.S. business’s finances extended across its bank accounts at Silvergate and detail how this secret access was granted. Binance.US has denied that Binance ever operated its bank accounts. ‘PRIMARY ADMIN USER’The Binance.US trading platform was launched by its operating firm, BAM Trading, in mid-2019 under chief executive Catherine Coley.

Persons: Guangying Chen, Changpeng Zhao, Chen, Binance, Binance.US, Krishna Juvvadi, Christian Hertenstein, Brian Shroder, ” Hertenstein, Zhao, “, Chen’s, Juvvadi, Reutersalso, Peak’s, Catherine Coley, Coley, Silvergate, James McDonald, Hertenstein, ”, Susan Li, Li messaged, Li, Angus Berwick, Tom Wilson, Janet McBride, Michael Williams Organizations: Silvergate Bank, U.S, Reuters, BAM, U.S . Commodity Futures Trading Commission, CFTC, “, Thomson Locations: U.S, Washington, American, US, Binance, Shanghai, Binance.US

☆ A California woman is accused of shipping over 9 million parcels using counterfeit postage, costing the USPS $60 million in lost revenue
▼ + stars: | 2023-06-02 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Lijuan Chen was arrested on May 24 after the USPS investigated an alleged counterfeit postage scheme. Postal inspectors estimate Chen and her employees shipped over nine million parcels in six months. Chen ran a business shipping parcels for e-commerce sites, including a number in China, the documents say. She faces one count of conspiracy to defraud the United States, and one count of use or possession of counterfeit postage, per the documents. According to an inspector's affidavit, the USPS would have lost $60 million in revenue due to the apparent scheme.

Persons: Lijuan Chen, Chen, —, Angela, they'd, Chen's Organizations: USPS, Service, United States Postal Service, Prosecutors Locations: China, California, United States

☆ This company could take lab-grown meat mainstream thanks to a green light from the FDA
▼ + stars: | 2023-05-19 | by ( Natasha Piñon | ) www.cnbc.com time to read: +14 min

Upside Foods' pivotal moment also comes at a key moment in the alternative meat industry. The cultivated-meat industry could have a wider consumer base than previously introduced alternative meat products, because unlike plant-based meats, it's "real" meat — minus the slaughtered animals. And, accordingly, some traditional meat companies have expressed interest in the burgeoning cultivated-meat industry, which one day could become a competitor. The cultivated-meat industry will need a similar boost if it's ever going to become a grocery store staple, Swartz said. The FDA's clearance was a voluntary premarket consultation, which means the agency has no further questions about the safety of Upside's products.

☆ Zelenskiy collects Charlemagne Prize on behalf of Ukrainian people
▼ + stars: | 2023-05-14 | by ( ) www.reuters.com time to read: +2 min

Zelenskiy flew to the western city of Aachen with Chancellor Olaf Scholz following talks in the German capital. He received a standing ovation at a ceremony in the Coronation room of Aachen town hall, where he was awarded the prize, which celebrates services to European unification. "Ukrainians will always make Europe stronger," Zelenskiy said in English before switching to Ukrainian to address the gathering that included European Commission President Ursula von der Leyen and Polish Prime Minister Mateusz Morawiecki. The Ukrainian people, under Zelenskiy's leadership, are fighting not only for their country "but also Europe and European values", the prize committee said in a statement. Previous recipients of the prize include French President Emmanuel Macron and former German Chancellor Angela Merkel.

☆ JPMorgan upgrades this Chinese social media platform, says it can surge more than 50%
▼ + stars: | 2023-04-14 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

China's live streaming sector could return to growth this year after losing 2% in 2022, and shares of Hello Group can capitalize on that trend, according to JPMorgan. MOMO YTD mountain MOMO was a standout among US traded Chinese stocks for JPMorgan, and the company could return to positive revenue growth in 2023. Hello Group isn't the only company that will benefit from a rebound in live streaming in China. Some of the firm's other top picks in the Chinese live streaming space include Kuaishou , Bilibili , Tencent Music Entertainment , and Joyy . "We are positive on the strong growth outlook for its various business segments (ads, eCommerce, live streaming) and expect it to achieve full-year profitability in 2023," Chen said.

☆ Gisele Bündchen was one of FTX's biggest equity holders, and says she was 'blindsided' by its collapse
▼ + stars: | 2023-03-23 | by ( Zinya Salfiti | ) www.businessinsider.com time to read: +2 min

Gisele Bündchen said she was 'blindsided' by FTX's bankruptcy. The fashion model told Vanity Fair she initially 'trusted the hype.' Her FTX stake may have been worth around $25 million before the company collapsed, according to some estimates. "I was blindsided," she told Vanity Fair in its March cover story issue. "It's just...terrible," the fashion model said.

☆ Women's NCAA roundup: No. 8 Ole Miss upsets No. 1 Stanford
▼ + stars: | 2023-03-20 | by ( ) www.reuters.com time to read: +7 min

8 Ole Miss Rebels to their first Sweet 16 since 2007 by preventing No. Stanford (29-6) was led by Cameron Brink, who had 20 points, 13 rebounds and seven blocks, while Haley Jones chipped in 16 points and eight rebounds. Grace Stone had 16 points and Ellie Mitchell finished with nine points, 18 rebounds and three blocks. Elena Tsineke scored 20 points to pace South Florida (27-7), while Sammie Puisis finished with 11 points and four rebounds. The Irish closed the game on a 10-5 run, getting seven points from Citron during that stretch.

☆ NASA to name solar scientist as agency's science chief, sources say
▼ + stars: | 2023-02-27 | by ( Joey Roulette | ) www.reuters.com time to read: +1 min

WASHINGTON, Feb 27 (Reuters) - NASA has picked a longtime solar scientist who heads its heliophysics division to become the U.S. space agency's science chief, according two people familiar with the decision. Nicola Fox, former top scientist on the Parker Solar Probe mission studying the sun, will be named this week as NASA's associate administrator for the agency's Science Mission Directorate, said the two sources, who spoke on condition of anonymity ahead of the official announcement. Fox will lead NASA's science directorate, a unit with an annual budget of roughly $7 billion that oversees some of the agency's best-known programs from the robotic hunts for past life on Mars to exploring distant galaxies with the James Webb Space Telescope. Fox will succeed Thomas Zurbuchen, a Swiss-American astrophysicist who had led the directorate since 2016 before his retirement in December. Sandra Connelly, formerly Zurbuchen's deputy, has been leading the directorate in an acting capacity.

☆ China appears to be pulling another U-turn, saying it'll promote the use of AI in daily life just days after reports it blocked ChatGPT
▼ + stars: | 2023-02-24 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

China said it sees broad potential in the use of AI tech and wants to integrate it into daily life. But that's amid reports China — which controls information tightly — blocked access to ChatGPT. It now wants to integrate the tech into daily life, just days after reports emerged that it had blocked its citizens from accessing viral AI chatbot ChatGPT. Search engine giant Baidu — China's answer to Google — said on Wednesday it plans to launch its own AI chatbot Ernie Bot in March. "AI technology has reached a tipping point and all industries will inevitably go through transformation," Li said in the memo.

☆ Tom Brady's team was convinced they were looking at 'legit financials' when they first piled into FTX, report says
▼ + stars: | 2023-02-08 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

Tom Brady and Gisele Bündchen's advisors "saw what they believed were legit financials" when they invested in FTX, per the Financial Times. The then-couple owned 1.8 million shares in FTX between them, bankruptcy filings show. There was some FOMO, but people always saw financials," the source said. Crypto exchange FTX filed for bankruptcy in November after suffering a solvency crisis linked to a selloff in its native FTT token. Read more: FTX bankruptcy documents show list of investors set to be completely wiped out, including Tom Brady and Robert Kraft

☆ This former couple says splitting up saved their pizza company. Here's why they and others found running a business with your ex doesn't have to be a nightmare.
▼ + stars: | 2023-01-29 | by ( Stephanie Stacey | ) www.businessinsider.com time to read: +6 min

He's glad to have salvaged — and even improved — his professional relationship with Chen. Price, 48, and Sebastiani, 56, launched Blue Oak Coffee Roasting in Bakersfield, California, in 2015. That idea turned out to be popular — and Blue Oak grew into a full-time business. But launching Blue Oak ultimately helped Price and Sebastiani make their relationship more harmonious. Blue Oak Coffee RoastingThe business also offered a powerful imperative for the ex-couple to overcome their communication challenges, since their livelihoods depended on their ability to cooperate.

An attorney for Musk, as well as Tesla and several directors who are also defendants, declined to comment. Musk surrendered the Tesla chairman position and agreed to let a company lawyer vet some of his tweets. He won a bench trial in Delaware's Court of Chancery last year over claims by Tesla shareholders that he allegedly coerced the Tesla board into buying SolarCity, a rooftop solar panel maker. Tesla shareholders had sought billions in damages and they have appealed. Around half are dismissed for failing to comply with securities law and most of the rest are settled.

It’s a plot twist the romance writers did not see coming. “I saw the auction that was going on to help raise funds for her funeral,” romance writer T.E. “To find out that it was a hoax, two-and-a-half years later, was just a slap in the face to everybody,” fellow romance writer Samantha A. Cole told NBC News. Cole said she met Meachen around 2017 in one of several online romance writer and reader groups that proliferate on Facebook and elsewhere on the web. Some angry romance writers confronted Meachen online and demanded an explanation, screenshots of the exchanges revealed.

☆ Worried about the economy? These 5 successful companies were started during the Great Recession
▼ + stars: | 2022-12-29 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +5 min

Multiple high-profile startups that did just that after launching during the Great Recession, which ran from late-2007 to the summer of 2009. It's proof that even tough times aren't enough to prevent every great idea from growing into a flourishing business — especially if your idea can save other people money during tough times. Today, Groupon has more than 20 million active customers — a lot, but less than half of its 54 million customers in 2014. The app currently has more than 90 million users. In 2018, PayPal CEO Dan Schulman told CNBC that he's seen Venmo help people who grew up during the Great Recession become more thoughtful about taking care of their money.

☆ Inside the largest mansion for sale in Malibu, going for $58.8 million
▼ + stars: | 2022-12-19 | by ( Ray Parisi | ) www.cnbc.com time to read: +7 min

watch nowThis $58,808,000 mansion overlooking the Pacific Ocean is one of the largest homes for sale in Malibu. The hot neighborhood's top sale closed in October commanding just over $2,500 per square foot, according to public records, way above average for Malibu. After completing the Kaizen House, he listed it in March for $74.8 million — or more than $4,500 a square foot. Here's a look around the $58.8 million Kaizen House:The home's dramatic entrance delivers fire, water, and intricately carved Belgian bluestone walls Simon BerlynHalliday infused the mansion with Indonesian influences that are evident even before stepping inside. Simon BerlynPrimary suite Simon BerlynThe home's upper level includes six ensuite bedrooms, each with its own terrace.

☆ I perform vasectomies in Texas. I've had a huge increase in patients post-Roe — and a lot of them are young and childless.
▼ + stars: | 2022-12-13 | by ( Cari Shane | ) www.businessinsider.com time to read: +9 min

Since the overturning of Roe v. Wade earlier this year, there's been an uptick in the number of vasectomy requests at my clinic. In the two days immediately following the overturning of Roe, we received 150 vasectomy appointment requests. We were averaging five or six electronic appointment requests for vasectomy consultations per day before the overturning of Roe. I tell my patients that the vasectomy is meant to be permanent sterilizationWhile I love doing reversals, they're not 100%. I think vasectomies are fertility medicineThis is a procedure that I like to do and I think I'm good at.

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