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☆ The next airport terminal lounge or club you pass may also be a bank branch
▼ + stars: | 2024-05-03 | by ( Kevin Williams | ) www.cnbc.com time to read: +9 min

"One woman wanted to rent my office to work," remembers Lisa Slocum, the airport Fifth Third Bank branch manager. Capital One closed its branch at Washington, D.C.'s Dulles International Airport in 2020, instead creating "airport lounges" for cardholders in Dulles, along with similar spots at airports in Denver and Dallas. Yet full-service airport bank branches are a relative rarity, surprising in a retail landscape that often resembles an upscale mall more than a terminal. Fifth Third BankWells Fargo operates a full-service branch in Las Vegas's Harry Reid International Airport, and according to a bank spokeswomen, has a multi-year relationship with the airport that involves both the branch and multiple ATMs throughout terminals. McAdam says ATMs and advanced-function kiosks are one thing, but a full-service branch, except maybe in the largest markets, is overkill.

Persons: Kevin Williams Nicolette Nelson, Nelson, It's, Lisa Slocum, Slocum, Hannah Thelen, Ashley Thelen, Mindy Kershner, CVG's, Marketing Brent Andersen, Andersen, that's, Chase, John Sieg, Sieg, Harry Reid, Wells Fargo, Brian Davis, Paul McAdam, Power, McAdam Organizations: Northern, Northern Kentucky International, Fifth Third Bank, Fifth, Bank, TSA, Third, Dulles, Airport, Capital One, Washington , D.C, Wings Credit Union, Paul International Airport, Wings, Marketing, JPMorgan Chase, PNC, Sky, Fifth Third Bank Wells, Harry Reid International Airport, Truist Bank, Hartsfield, Jackson Atlanta International Airport, Financial Locations: Fairbanks, Cincinnati, Northern Kentucky, Spain, Washington ,, cardholders, Dulles, Denver, Dallas, it'd, Kentucky, Minneapolis, St, Las, Vegas, New York City, New York

Daring, wild, and over-the-top designs are a key part of Met Gala fashion. In 2023, Leto arrived at the Met in a full-body catsuit in homage to Karl Lagerfeld's cat. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementThe Met Gala is one of the most outrageous fashion events of the year thanks to its elaborate themes and corresponding dress codes. Ahead of this year's Met Gala on Monday, May 6, here's a look back at 60 of the most outrageous looks celebrities have worn to fashion's biggest night.

Persons: Jared Leto, Rihanna, Kim Kardashian, Leto, Karl Lagerfeld's, — Organizations: Met, Service

☆ Ukraine wiped out 100 Russian troops at once in a strike showcasing the range and power of its new US ATACMS
▼ + stars: | 2024-05-03 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

Ukrainian forces took out more than 100 Russian soldiers with an ATACMS missile, per OSINT analysts. AdvertisementA Ukrainian ATACMS long-range missile strike killed more than 100 Russian soldiers in an occupied region 50 miles from the front line, according to OSINT and military analysts. Osinttechnical said at least one of the missiles struck a gathering of more than 100 Russian soldiers, with hundreds of M74 APAM bomblets falling on them. AdvertisementAn unnamed senior US official told the Times that Ukrainian soldiers already put them to use to attack a Russian military airfield in Crimea in mid-April. AdvertisementThe US sent Ukraine ATACMS with a shorter range last fall, which enabled Ukraine to destroy Russian helicopters and airfields behind the front lines, but not go after more distant targets.

Persons: —, Osinttechnical, GeoConfirmed, couldn't, Philip Karber Organizations: Service, The Institute, Centre, Naval Analyses, US, Army Tactical Missile Systems, The New York Times, Times, Radio Free Locations: Russian, Luhansk Oblast, Ukraine, Rohove, Ukraine's, Crimea, Russia, Radio Free Europe

☆ Larry Ellison bought an entire island and Jeff Bezos owns a $78 million property there, but eBay's reclusive founder is Hawaii's richest resident
▼ + stars: | 2024-05-03 | by ( Polly Thompson | ) www.businessinsider.com time to read: +1 min

Despite all the big stars that flock to Hawaii, the elusive founder of eBay, Pierre Omidyar takes the state's crown. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Notable island neighbors include billionaires like Oprah Winfrey, Jeff Bezos, Peter Thiel, and Oracle founder Larry Ellison. But despite the big names and showy personalities of Hawaii's ultra-rich residents, it's the media-shy founder of eBay, Pierre Omidyar, who is the island state's richest permanent inhabitant, according to Forbes's list of the richest billionaire in every state for 2024.

Persons: Forbes, Pierre Omidyar, Omidyar, —, Oprah Winfrey, Jeff Bezos, Peter Thiel, Larry Ellison Organizations: eBay, Service, Oracle, Business Locations: Hawaii

☆ NATO says Russia is carrying out 'malign activities' like sabotage on its member states and will address them
▼ + stars: | 2024-05-03 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

NATO is accusing Russia of "malign activities" in its member states, including Germany and the UK. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe North Atlantic Treaty Organization on Thursday singled out Russia in a statement condemning "recent malign activities" in its member states. The treaty organization said these individuals' actions were part of an "intensifying campaign of activities" carried out by Russia. Amid the heightened tensions, NATO members have increasingly highlighted what they say are Russian clandestine activities in their own governments and institutions.

Persons: —, Emmanuel Macron Organizations: NATO, North Atlantic Council, Service, Atlantic Treaty Organization, North Atlantic, Moscow, Russia's Ministry of Foreign Affairs, Business Locations: Russia, Germany, Czechia, Estonia, Latvia, Lithuania, Poland, Moscow, Ukraine, —, Kyiv, Russian, London, China

☆ Apple's record $110 billion stock buyback is bigger than Boeing, Airbnb, and Chipotle
▼ + stars: | 2024-05-03 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Apple just launched a $110 billion stock buyback program, the biggest in history. Apple's new stock buyback program is more than the value of Boeing, Airbnb, and Chipotle. AdvertisementApple just launched a $110 billion stock buyback, the biggest in stock market history. Since then, the company's stock buyback programs have reduced its total share count to 15.44 billion, and at current prices, this stock buyback program would retire an additional 600 million shares. To put in perspective just how big Apple's stock buyback program is, consider these companies that have a total market value of less than $110 billion.

Persons: —, Apple, Dan Ives, Corey Lever, Eric Risberg, Chipotle, Gregory, Brandon Bell, Airbnb, ROSLAN RAHMAN Organizations: Apple, Boeing, Service, Greater, Waste, AP, Portland Press, Getty, Dell Technologies Dell, DELL Locations: Greater China, Oakland, Calif, , Texas

☆ Blockbuster weight loss drug Wegovy's sales just doubled — and could heat up even more with a price cut
▼ + stars: | 2024-05-03 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

Read previewDanish drugmaker Novo Nordisk will lower prices of its weight loss drug Wegovy as it plans to raise sales volumes and navigate tough competition. Prices for the blockbuster drug fell in the first quarter. Sales of Wegovy more than doubled in the first quarter year-on-year, to 9.4 billion Danish crowns, or $1.3 billion, according to the company's earnings. They did not specify how much Novo plans to cut Wegovy's prices. AdvertisementThe Danish pharmaceutical maker, which also produces viral weight loss drug Ozempic, reported better-than-expected sales of 65 billion Danish crowns, or $9.4 billion, in the first quarter.

Persons: —, Karsten Munk Knudsen, Knudsen, Lars Fruergaard Jorgensen, Ozempic, Eli Lilly, Wegovy, Bernie Sanders, Goldman Sachs, Oprah Winfrey, Elon Musk, Charles Barkley Organizations: Service, Nordisk, Business Locations: Danish, Novo

☆ Trump Media's auditor charged with 'massive fraud' by SEC
▼ + stars: | 2024-05-03 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +3 min

Trump Media's auditor, BF Borgers, committed fraud in 1,500 filings, the SEC said. "Trump Media looks forward to working with new auditing partners," a spokesperson said. AdvertisementThe Securities and Exchange Commission on Friday charged accounting firm BF Borgers and its owner, Benjamin Borgers, with "massive fraud." "Trump Media looks forward to working with new auditing partners in accordance with today's SEC order," a TMTG spokesperson told Business Insider. AdvertisementDespite losing money and being cagey about how its user base compares to its social media rivals, Trump Media is now valued at over $6.3 billion.

Persons: Trump, BF Borgers, —, Benjamin Borgers, Donald Trump's, Borgers, BF, Grewal Organizations: BF, SEC, Trump Media, Service, Securities, Exchange Commission, Trump Media & Technology, Bloomberg, Public Company, American Institute of Certified Public Accountants, Business, Truth

☆ Italy bans puppy yoga classes amid welfare concerns
▼ + stars: | 2024-05-03 | by ( Catherine Nicholls | ) edition.cnn.com time to read: +3 min

Rome CNN —Italy’s Ministry of Health has banned the popular wellness trend of “puppy yoga” amid concerns that the puppies used in the practice could be exploited and mistreated. Typically, sessions involve puppies roaming around a yoga class and sometimes being incorporated in poses. CNN reached out to several Italian puppy yoga centers for comment with no success. The ruling does not have a legal arena for appeal, a spokesperson for Italy’s health ministry said. Elisa Allen, vice president of programs and operations at People for the Ethical Treatment of Animals (PETA) UK, commended Italy for banning puppy yoga in a statement to CNN Friday.

Persons: Rome, Giovanni Leonardi, ” LNDC, “, Piera Rosati, ”, ” Rosati, Elisa Allen, Allen, –, yogis, ” Allen Organizations: Rome CNN — Italy’s Ministry of Health, Health, Lega Nazionale, National League for, Defense of Dogs, CNN, People, Animals, PETA Locations: Cane, Italy

☆ Unruly passengers have become more common, and many fliers are getting sick of it. On this flight, they cheered and chanted as a pair was escorted off after forcing a diversion.
▼ + stars: | 2024-05-03 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Police escorted two disruptive passengers off an easyJet flight amid cheers and applause. The celebrations highlight how unruly passengers have been more common since the pandemic. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementPassengers on an EasyJet flight cheered, clapped, and chanted as police escorted two disruptive fellow fliers off the plane. The flight landed in Egypt after midnight, more than two hours after it was scheduled.

Persons: —, clapped, Airbus A320neo, easyJet Organizations: Service, Scottish, Daily, Airbus, Business, Federal Aviation Administration Locations: Glasgow, Hurghada, Egypt, Heraklion, Crete, British

☆ China launched a probe to the far side of the moon, stepping up its space race with the US
▼ + stars: | 2024-05-03 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +2 min

China launched the Chang'e-6 probe to collect samples from the far side of the moon. AdvertisementChina on Friday launched a probe to collect samples from the far side of the moon, as it stepped up its space race against the US. The Chang'e-6 probe successfully lifted off from China's Wenchang Space Launch Center at 5.37 a.m. It will collect around two kilograms of lunar samples from the far side of the moon for analysis. "People want to know why this happened," Yi Xu, a professor at the Space Science Institute of Macau University of Science and Technology and a member of the Chang'e-6 science team told The New York Times.

Persons: —, maria, Yi Xu Organizations: Service, US, NASA, Space Science Institute of Macau University of Science, Technology, New York Times Locations: China

☆ Tiffany Haddish said she got so much hate that she made a fake Instagram, hunted down her trolls, and confronted them
▼ + stars: | 2024-05-03 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +2 min

Tiffany Haddish described taking revenge on people trolling her online. The actor and comedian said she used a fake profile to hunt down where mean comments came from. AdvertisementTiffany Haddish said she got so much hate online that she used a fake Instagram profile to hunt down her trolls, and even called some of them directly. Speaking to The LA Times, Haddish said she decided to fight back, creating a fake Instagram profile under the name "Sarah," to track her haters down. A lot of the comments called the star "pedo" and "not funny."

Persons: Tiffany Haddish, —, Haddish, Sarah Organizations: Service, Netflix, Daily Beast, LA Times, Times Locations: Los Angeles, Malaysia, Iran

☆ Stocks' bull run will end in a bubble or recession, says Bank of America strategist
▼ + stars: | 2024-05-03 | by ( George Glover | ) www.businessinsider.com time to read: +3 min

Stocks are in a "late secular bull market," BofA's Michael Hartnett said in a Friday research note. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe bull market that's pushed stock prices higher for the past year and a half will probably end in tears, Bank of America's Michael Hartnett warned. Equities are in a "late secular bull market" that likely "ends with [a] bubble and/or recession," the bank's chief investment strategist wrote in a Friday research note seen by Business Insider. Hartnett's bearish stance clashes with the view held by BofA's head of US equity and quantitative strategy, Savita Subramanian, who has predicted that stocks' bull market will last.

Persons: BofA's Michael Hartnett, —, of America's Michael Hartnett, Hartnett's, Hartnett, Marko Kolanovic, BofA's, Savita Subramanian, stagflation Organizations: Service, of America's, Business, JPMorgan

☆ These are Mizuho’s top stock picks heading into May
▼ + stars: | 2024-05-03 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Mizuho just released its top stock picks for May, and its basket of stocks includes three new selections for the month. The newest additions for May include EyePoint Pharmaceuticals , Universal Health Services and Block . Here are some of Mizuho's top picks for the month. Mizuho said this price target is 5.3% above the consensus, making the firm more bullish than its peers. Analyst Graig Suvannavejh's $39 price target represents 95% upside from where shares closed on Thursday.

Persons: Mizuho, Ann Hynes, Hynes, UHS, Graig, EyePoint, Dan Dolev's, Dolev Organizations: EyePoint Pharmaceuticals, Universal Health Services, Block, titans, Microsoft, Behavioral

☆ Stock market today: US stocks end the week higher after solid earnings and Goldilocks jobs report
▼ + stars: | 2024-05-03 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

Solid earnings results and a weaker-than-expected April jobs report helped push stock prices higher. "The case for rate cuts got a little stronger today. AdvertisementUS stocks surged on Friday after a solid Apple earnings report and a weaker-than-expected April jobs report, which increased the chances of an interest rate cut from the Federal Reserve later this year. The case for rate cuts got a little stronger today. AdvertisementAlso helping boost stocks Friday was Apple, which surged about 7% after it reported a better-than-feared second-quarter earnings report.

Persons: TradeStation's David Russell, —, David Russell Organizations: Nasdaq, Service, Federal Reserve, Business, Apple

☆ What borrowers need to know as the Public Service Loan Forgiveness program goes on a partial processing pause
▼ + stars: | 2024-05-03 | by ( Annie Nova | ) www.cnbc.com time to read: +1 min

Fg Trade | E+ | Getty ImagesThe popular Public Service Loan Forgiveness program began a partial processing pause on May 1, which will likely run through July, the U.S. Department of Education recently said. The temporary suspension comes as the Biden administration overhauls the once-troubled federal student loan program. Why the pause is happeningWhat borrowers can expect during the transitionThe Education Department will not review PSLF form submissions for roughly a two-month period, it says. Meanwhile, from May 1 through July, it says, "borrowers will not be able to see their PSLF payment counts on MOHELA's website." "During the transition, PSLF forgiveness will be suspended," said higher education expert Mark Kantrowitz.

Persons: Biden, Mark Kantrowitz Organizations: Public, U.S . Department of Education, Education Department

☆ There are 4 big factors to watch that could bring turmoil to financial markets, research firm says
▼ + stars: | 2024-05-03 | by ( Yuheng Zhan | ) www.businessinsider.com time to read: +3 min

Stocks and the economy look strong but there are four factors that could pose a problem, Capital Economics said. Geopolitical risks in the Middle East and high interest rates are big risks to markets. A depreciation of the Chinese yuan and soaring US debt are also the two factors investors need to watch. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Thirdly, with the rising value of the Chinese yuan, any depreciation could trigger currency market volatility elsewhere.

Persons: —, Ruben Gargallo Abargues, Jonas Goltermann, Wednesday's, Goltermann, Bill Gross Organizations: Economics, Service, Capital Economics, Brent Locations: Israel, Treasuries

☆ Travis Kalanick's $15 billion food tech company cuts employees globally in profitability push
▼ + stars: | 2024-05-03 | by ( Meghan Morris | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewSix months after layoffs at food technology company City Storage Systems, another round of cuts hit teams globally, per leaked audio obtained by Business Insider. More than 80 US employees were cut at Otter, the company's restaurant tech arm, said a source familiar with the people laid off. This story is available exclusively to Business Insider subscribers. In fall 2021, CEO Travis Kalanick raised $850 million for CSS from investors including Microsoft, at a $15 billion valuation.

Persons: —, Guido Gabrielli, Otter, Travis Kalanick, Kalanick, Uber, Gabrielli Organizations: Service, Storage Systems, Business, CSS, Microsoft, BI Locations: Canada, Latin America

☆ Medical Debt Shows Up Less Often on Credit Reports
▼ + stars: | 2024-05-03 | by ( Ann Carrns | ) www.nytimes.com time to read: +1 min

Rohit Chopra, the bureau’s director, said in a statement that “further reforms” were needed to scour medical debt from credit histories. The bureau is considering a rule to ban medical debt from consumer credit files. The bureau estimated in a 2022 report that well over half the debt that appeared on credit reports as being in collection was medical debt. People can incur medical bills unexpectedly, and many think that their health insurance will cover the costs. And the consumer bureau previously found that medical collection debt reported to the credit bureaus was “plagued by inaccuracies.”

Persons: —, TransUnion —, Rohit Chopra Organizations: Consumer Financial

☆ A NATO country said it could join Ukraine's war with Russia if 2 conditions are met
▼ + stars: | 2024-05-03 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

His remarks about French soldiers defending Ukraine are among the most hawkish by a Western leader. AdvertisementFrance's President Emmanuel Macron reaffirmed that he would consider sending French troops to Ukraine, and spelled out the conditions in which this could place. He added that if Russia defeats Ukraine it would then likely seek to attack another European country. Related storiesMacron's remarks about sending French troops to defend Ukraine were among the most hawkish by a Western leader. The Kremlin's spokesman, Dmitry Peskov, in response to Macron's earlier remarks, said that deploying NATO troops to Ukraine would lead to war between Russia and the alliance.

Persons: Emmanuel Macron, —, Macron, Vladimir Putin, I'm, Dmitry Peskov, Peskov, Ruth Deyermond Organizations: Service, NATO, Ukraine, RFE, RL, Business Locations: Ukraine, France, Russian, Europe, Russia

☆ The US could give homeowners a $980 billion stimulus at no additional cost, 'Oracle of Wall Street' says
▼ + stars: | 2024-05-03 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. That's if Freddie Mac secures approval from its regulator to operate in the market for secondary mortgages, also commonly known as home equity loans. If greenlighted, the scheme would be equivalent to a huge stimulus injection, but without a cent added to the national deficit, the "Oracle of Wall Street" explained. As Freddie Mac is a massive provider of mortgage market liquidity, the move could encourage more banks to extend this financing to customers. The proposal noted that options are limited for homeowners who want to tap their equity, meaning that few are benefiting from the housing market's appreciation.

Persons: —, Meredith Whitney, Whitney, Freddie Mac, Freddie Mac's, Freddie, Fannie Mae, Ginnie Mae Organizations: Service, Business

☆ Rep. Henry Cuellar and his wife allegedly took nearly $600,000 in bribes, indictment says
▼ + stars: | 2024-05-03 | by ( Hannah Rabinowitz | Haley Talbot | ) edition.cnn.com time to read: +2 min

Democratic Rep. Henry Cuellar of Texas and his wife have been charged with accepting nearly $600,000 in bribes from two foreign entities, according to an indictment in federal court in Texas. The alleged scheme took place from late 2014 through at least November 2021, the indictment says. The Justice Department declined to comment on the indictment, which was first reported by NBC News. In a statement on Friday, Cuellar said: “I want to be clear that both my wife and I are innocent of these allegations. “On top of being an amazing wife and mother, she’s an accomplished businesswoman with two degrees.

Persons: Henry Cuellar, Cuellar, “, ” Cuellar, ”, Imelda, she’s, ’, Delanie Organizations: Democratic, NBC News, Washington DC, FBI, National Republican Locations: Henry Cuellar of Texas, Texas, South Texas, Laredo , Texas

☆ A Boeing 737 was transformed into a luxury villa in Bali. Take a look inside.
▼ + stars: | 2024-05-03 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +1 min

Geometrium Studio converted a Boeing 737 aircraft into a luxury villa in Bali. Private Jet Villa has two bedrooms, a patio on a wing, and a hammock attached to a window. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The design team at Geometrium Studio turned a former Boeing 737 plane into a rental property, which now has all the trappings of a high-end hotel. It's called the Private Jet Villa, a luxury accomodation in Bali, Indonesia.

Persons: Jet Villa, —, It's Organizations: Boeing, Service, Michelin, Geometrium, Business Locations: Bali ., Bali , Indonesia

☆ 11 shows and movies to stream this weekend, from a sexy Anne Hathaway romance to a new HGTV series about crazy houses
▼ + stars: | 2024-05-03 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +1 min

Check out new shows like "A Man in Full" and "The Veil" this weekend. Anne Hathaway's new movie and Jerry Seinfeld's "Unfrosted" are streaming now too. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWhether you're looking for something sexy, goofy, or serious, there are plenty of options for what to watch this weekend.

Persons: Anne Hathaway's, Jerry Seinfeld's, There's, — Organizations: Service, Business

☆ AB InBev is making another push into Hollywood-style entertainment with a new primary partner
▼ + stars: | 2024-05-03 | by ( Lucia Moses | ) www.businessinsider.com time to read: +1 min

AB InBev is pushing into filmed entertainment again. It's leaning on Superconnector Studios to pitch its brands to Hollywood. AdvertisementAB InBev is renewing its filmed entertainment efforts with a new primary partner after shaking up its studio arm, the company confirmed to Business Insider. The beer giant signed startup Superconnector Studios to pitch TV shows and movies around its biggest brands like Bud Light and Stella Artois. This story is available exclusively to Business Insider subscribers.

Persons: —, Bud Light, Stella Artois, Jae Goodman, John Kaplan Organizations: InBev, Studios, Hollywood, Service, Business

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