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☆ Louis Vuitton: The Olympics embody our ‘DNA’
▼ + stars: | 2024-06-07 | by ( Issy Ronald | ) edition.cnn.com time to read: +4 min

And at next month’s upcoming Games, Louis Vuitton are hoping they too will become a hallmark of the same grand occasion. The Olympic and Paralympic medals will be housed in a Louis Vuitton trunk. Annie Leibovitz/Courtesy Louis VuittonLVMH – the luxury conglomerate that owns Louis Vuitton – spent €150 million ($163 million) on its sponsorship deal with the Olympics, Vogue reported citing sources, though calculating the precise returns on this investment is “difficult,” said Beccari. “We are very close to sport,” Beccari said, recalling the slogan “Victory travels in Louis Vuitton,” the fashion house used when one of its trunks housed the FIFA World Cup in 2010. From Louis VuittonWhile Louis Vuitton posted record profits last year and LVMH outperformed other luxury brands, the current economic environment with rising inflation leaving consumers with less disposable income poses challenges ahead, though Beccari downplayed such difficulties.

Persons: Louis Vuitton, Vuitton, —, Enzo Lefort, Léon Marchand, Pauline Déroulède, Marie Patouillet —, Stephanie Lecocq, Pietro Beccari, “, ” Beccari, ”, Roger Federer, Rafael Nadal, Louis Vuitton's, Annie Leibovitz, Louis Vuitton –, Louis, CNN “, Federer, Nadal, They’re, LVMH, Beccari Organizations: Paris CNN, Olympic, Paralympic Games, Seven, CNN, de Monaco, Louis, Olympics, Vogue, FIFA Locations: France, Louis, Paris, French, Europe

☆ More young people are having strokes. A doctor shares 3 ways to help prevent them.
▼ + stars: | 2024-06-06 | by ( Kim Schewitz | ) www.businessinsider.com time to read: +4 min

This corresponds with a rise in cardiovascular risk factors such as obesity among younger, working-age adults, it said. That's why acting fast and educating the public about stroke risk factors are crucial, the study said. These are all known stroke risk factors. Aim to up your heart rate in a "graded way," she said: "you don't want people going from zero to really pushing themselves." This is because it plays an important role in reducing several stroke risk factors, including hypertension, diabetes, and cholesterol.

Persons: —, Neshika, Samarasekera Organizations: Service, CDC, Business, Cleveland Clinic, Stroke Association, American Heart Association, World

☆ India wants to be the new China. Modi's shock election result shows it won't be easy.
▼ + stars: | 2024-06-05 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The growth is in part thanks to a shift in supply chains and investment flows as companies try to stop relying solely on China. India's stock markets tanked on the shock election results, with the benchmark Sensex index crashing over 5% in one day on Tuesday following the news. Despite the knee-jerk reaction, most analysts are optimistic about India's economic outlook given that Modi is still in charge. He said India will do better to capitalize on its services industry, especially since so many Indians are English speakers.

Persons: —, Narendra Modi's, Modi, Atman Trivedi, China, Council's Trivedi, Vishnu Varathan, Raghuram Rajan, NPR's, It's, Rajan Organizations: Service, Indian, Business, Bharatiya Janata Party, —, Atlantic, Asia Center, Centre, Monitoring, Coalition, Albright, Group, Mizuho Bank, United Nations Population Fund, University of Chicago Booth School of Business, Central Bank of India, International Monetary Fund Locations: China, India, Communist China, Asia, Japan

☆ Celibacy is in — just ask Lenny Kravitz, Julia Fox, and Gen Z
▼ + stars: | 2024-06-05 | by ( Serafina Kenny | Kim Schewitz | ) www.businessinsider.com time to read: +6 min

Read previewCharlie Michael Baker used to be "majorly sexually active," but at age 17 he's decided he's not having any more sex. Charlie Michael Baker has decided to abstain from sex. But for others, not having sex is a more conscious choice. Similarly, Gen Z women in the US are swearing off sex because men they've dated have treated them badly, BI's Jordan Parker Erb reported last year. For Baker, celibacy makes him feel more comfortable with himself because he no longer feels the need to "keep a man happy," and avoids getting hurt by people who give him "false hope."

Persons: —, Charlie Michael Baker, he's, Baker, Julia Fox, Lenny Kravitz, Suki Waterhouse, Justin Bieber, Disney starlets, Zers, Roe, Wade, Zach Sang, Gen, they've, BI's Jordan Parker Erb, Bumble, hasn't, father's, Sandra Wheatley, Wheatley Organizations: Service, Business, Guttmacher Institute, Guardian, British Psychological Society Locations: Korean, Korea

☆ A lack of representation, careless comments and ‘racial banter’ – how British rugby is facing up to its diversity issues
▼ + stars: | 2024-06-05 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +11 min

Just ask Black rugby player and England international Sadia Kabeya, who says a lack of cultural and ethnic diversity in her sport took a toll on her identity. Representation mattersA 2020 report by Sport England showed that the participation share of White British adults in rugby union was more than 90%, 8.2% higher than the national population share. A lack of diversity in the sport in England is also reflected in the demographics of rugby audiences. Kabeya is particularly passionate about the topic of Black rugby players’ hair. Its significance runs deep, given the historical links between Black hair and identity and also resistance.

Persons: Kabeya, ”, “, ” Kabeya, Maud Muir, Lucy Packer, David Rogers, you’re, White, ” “, ” Jatin Patel, weren’t, Luther Burrell, Burrell, ” Patel, Ashton Hewitt –, –, ” Hewitt, Hewitt, Tyler Miller, Liam Scott, Scott, Mike Hewitt, Patel, George Floyd Organizations: CNN — Elite, England, CNN Sport, Rugby Football Union, RFU, Rugby, Rugby Players Association, Nations, Richmond Women, CNN, Six Nations, Getty, Loughborough Lightning, Sport England, Diversity, Daily Mail, Newcastle Falcons, Dragons, United Rugby, Leinster, rugby, Ireland, Twickenham, Pictures Locations: ”, England, London, Richmond, Wales, Dublin, Black

☆ With Paramount's long and winding sales process coming to an end, here's what comes next for the media giant
▼ + stars: | 2024-06-04 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

AdvertisementThe media giant, which owns Paramount Pictures and CBS, has been in the news as an acquisition target since late last year. Skydance might not be as recognizable a name, but the company's owner and CEO David Ellison is. It's "is Paramount big enough to survive on its own?" The rush to corner the market on data centers is a move by Big Tech to secure the keys to the coming AI kingdom. Big Tech, finance, and consulting jobs are becoming harder to come by, upending the job search for young people.

Persons: —, Donald Trump, Rebecca Zisser, Warner, David Zaslav, Byron Allen, David Ellison, Larry Ellison, he's, Phillip Faraone, Peter Kafka, That's, Larry Ellison's, Alyssa Powell, Savita Subramanian, Gary Shilling, Kitty, Keith Gill, Arif Qazi, Jason Zander, they'll, Apple's, Siri, Dominic Bugatto, that's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Annie Smith Organizations: Service, Paramount, Business, Paramount Pictures, CBS, RedBird Capital Partners, KKR, Warner Bros . Discovery, Sony, Hollywood, Getty, Tech, Bank of America, Wall Street, GameStop, Google, Microsoft, Big Tech, BI, Washington Post, Hewlett Packard Enterprise Locations: China, India, Texas, New York, London

☆ Opinion: Why we’re having less sex
▼ + stars: | 2024-06-04 | by ( Opinion Jill Filipovic | ) edition.cnn.com time to read: +7 min

Women still cannot hold top positions in many religious institutions, and so many have understandably rejected these misogynistic formal patriarchies. If young women do indeed feel freer to opt out of sex they don’t want, that’s great. And most women desire sex, too, and deserve to have sex that feels good. This doesn’t mean everyone needs to be having sex all the time. The trick is refusing to fall into sexist ideas about what sex is for or how women should be valued.

Persons: Jill Filipovic, wouldn’t, they’re, —, it’s, Bumble, Julia Fox, Roe, Wade, ”, Andy Cohen, Christopher Rufo Organizations: Twitter, CNN, Facebook, The New York Times Locations: New York

☆ 16 rising stars of sports betting and gaming who are driving growth areas like responsible gaming, micro betting, and pick 'em fantasy
▼ + stars: | 2024-06-04 | by ( Ashley Rodriguez | Tiara White | ) www.businessinsider.com time to read: +2 min

Richard Taylor helped build BetMGM's responsible-gaming departmentRichard Taylor. He knew working in responsible gaming could bring a lot of good to the industry. He was previously the director of responsible gaming at MGM Resorts International and moved almost four years ago to BetMGM, where he currently serves in the same role. "I was fortunate enough to be selected to be the first director of responsible gaming," he told BI. He said this excited him because he could take the knowledge he obtained over the years to hopefully help young staff build good habits.

Persons: Richard Taylor, Mitchell Ternay, Taylor Organizations: MGM Resorts International, San Diego Padres, Las Vegas Locations: Las Vegas, Taylor

☆ Facebook has a plan to win over Gen Z. Don't laugh.
▼ + stars: | 2024-06-04 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +4 min

In a 2023 Pew survey on teen internet use, only about one-third of US teens ages 13 to 17 said they used Facebook. Compare that with Pew's 2014 survey, when 71% of teens said they used Facebook. AdvertisementSecondly, Facebook is hoping to lure back young adults with offerings like Marketplace, Dating, Groups, and Events. And I don't think Facebook Dating is a huge hit. I know it seems improbable that Facebook could become cool for Gen Z, but don't count it out — they just might pull this off.

Persons: Meta, —, Elon Musk's, I'm, Instagram, Mark Zuckerberg Organizations: Service, Facebook, Pew, Facebook —, Meta, Craigslist, mojo, TikTok

☆ As a professor, I had my college students write thank-you letters. The exercise renewed my faith in young people.
▼ + stars: | 2024-06-04 | by ( Jamie Bedrin | ) www.businessinsider.com time to read: +1 min

My grandmother always wrote thank-you letters to everyone in her life, and it inspired me. As a college professor, I told my students to write a thank-you note to someone in their lives. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Her letters always touched me and helped me feel special, so I passed her idea on to my students. This story is available exclusively to Business Insider subscribers.

Persons: —, I'm, I've Organizations: Service, Business

☆ New York’s creative solution to targeting children online: Block the algorithms
▼ + stars: | 2024-06-04 | by ( Brian Fung | ) edition.cnn.com time to read: +2 min

CNN —New York could soon become the first state to pass a law restricting social media platforms from using algorithms to promote content to minors. Kathy Hochul and state lawmakers are nearing a legislative deal on the proposal, according to a person familiar with the matter. That could mean significant changes to how kids in New York interact with social media apps and would make algorithmically generated content feeds an opt-in experience requiring parental consent. A tentative deal on the social media bill was earlier reported by The Wall Street Journal. “We’re not banning young people from social media,” Hochul said in an interview on NPR Monday.

Persons: Kathy Hochul, ” Hochul, “, We’re, ” Organizations: CNN, New York Democratic Gov, Wall Street, Industry, New, NPR Locations: York, New York, Arkansas, Florida , Louisiana, Ohio

☆ The 'promised land' of stable, high-paying jobs for recent grads is falling apart
▼ + stars: | 2024-06-04 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +10 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Austin Wang, a class-of-2025 computer-science major at Yale University, said students were "scared that engineering roles will be replaced in the future." Handshake found that fewer prospective business graduates were applying to consulting roles and that more were seeking positions in customer relations, marketing, and analytics compared with last year. Handshake's analysis suggested tech job postings geared toward fresh graduates fell by 30% compared with last year. Advertisement"It's quite bad for entry-level jobs in general but even worse for international students," she said.

Persons: —, It's, Goldman Sachs, Morgan Stanley, Austin Wang, Fabrice Coffrini, Beth Hendler, Matthew Park, Anika Nair, Rutgers University . Austin Wang, Anika Nair Yale's Wang, Wang, Amr Alfiky, you'll, Adnan Hussain, Christine Cruzvergara, Richard Carruthers, I've Organizations: Service, Management, Big Tech, National Association of Colleges, Employers, Business, New York Times, Yale University, McKinsey & Company, Boston Consulting Group, Bain & Company, Accenture, McKinsey, Getty Images Industry, Yale, Tech, Companies, Ivy League, Rutgers University ., Rutgers University, JPMorgan —, Investment, Citigroup, JPMorgan, Deutsche Bank, Finance, Reuters, National University of Singapore, Imperial College London, KPMG, Deloitte, HSBC, Amazon Web Services Locations: Wall, AFP, Singapore

☆ How American Express Became Millennials, Gen Z's Favorite Credit Card
▼ + stars: | 2024-06-03 | by ( Emily Stewart | ) www.businessinsider.com time to read: +8 min

But now, for a growing cohort of Gen Zers and millennials, it's their card, too. According to the company, millennials and Gen Z consumers made up 60% of its new customer acquisitions worldwide, and 75% of its new platinum and gold accounts were opened by millennial and Gen Z members. Related storiesAmex has implemented a number of tactics to pull off its youth revolution and cement its place as a status symbol among relatively affluent millennial and Gen Z consumers. For many young consumers, having an Amex rewards card is sort of like having a good, varied subscription service that runs them less than $60 a month. AdvertisementAll that aside, the Amex Platinum Card seems neat.

Persons: Gen Zers, youngs, it's, they'd, Amex, Zers, Gen X, Z, Steve Squeri, Jim Cramer, Gen Zs, Michael Miller, Uber, Miller, Daisy Hernandez, Guy, Stephen Biggar, Amex isn't, Chase Sapphire, I've, Emily Stewart Organizations: American Express, Express, Mastercard, Visa, American, CNBC, Morningstar Research, New York Times, Wall Street, Saks, Walmart, US, Argus Research, bodega, Business Locations: Coachella

☆ Anchor Brewing gets new lease on life after it finds an unexpected buyer
▼ + stars: | 2024-06-03 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —Anchor Brewing, America’s oldest craft brewer, closed last summer after more than 127 years in business. Anchor closed in July 2023 and its former parent company Sapporo USA put it up for sale after facing years of declining sales. Despite Ulukaya’s excitement about reviving the 127-year-old brand, the craft beer business has been in decline as drinkers shift to spirits and cheaper alternatives. “The brand struggled because it kept relevance with longtime, committed craft beer enthusiasts, but rarely registered with young people or casual drinkers,” Roth said. “Focusing on Anchors legacy, stature, and part of American craft beer history could help the brewery form new emotional connections with drinkers.”

Persons: it’s, Hamdi Ulukaya, Brewing’s, Ulukaya, ”, Anchor’s, Jose Sarmento Matos, there’s, ” Bryan Roth, ” Roth Organizations: New, New York CNN, Brewing, LinkedIn, San, Sapporo, Bloomberg, Getty, San Francisco, Feel Goods Company, CNN Locations: New York, San Francisco, California, Sapporo USA, Sapporo, Potrero Hill

☆ Trump once backed a TikTok ban. Now he's joined the app as he races Biden for young voters.
▼ + stars: | 2024-06-02 | by ( John L. Dorman | ) www.businessinsider.com time to read: +1 min

Trump has joined TikTok — nearly four years after he sought to ban the app in the US as president. Both Trump and Biden are looking to reach young voters through the popular video-sharing app. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAs president, Donald Trump wanted to ban TikTok for its alleged ties to the Chinese government. This story is available exclusively to Business Insider subscribers.

Persons: Trump, TikTok —, Biden, —, Donald Trump Organizations: Trump, Service, Business Locations: Newark

☆ When your kid comes out as trans, here’s what to do
▼ + stars: | 2024-06-02 | by ( Kristen Rogers | ) edition.cnn.com time to read: +11 min

CNN spoke with a doctor, gender rights activists and parents of trans children about what to say when a child comes out as transgender, how to address certain challenges and what receiving gender-affirming care is like. Some parents want to support their child but worry if their gender identity is the result of a phase, or if they’ll change their mind later. It would be their decision resulting from the exploration of their gender identity, rather than someone trying to control it for them. Rhyland’s son later realized he is trans masculine nonbinary and uses he/him pronouns, and he’s OK with Rhyland calling him her son. (Trans masculine nonbinary means someone’s gender identity is nonbinary, yet they present in a typically masculine fashion with their name, style and more.)

Persons: CNN — Maryhope Howland, ’ ”, Howland, didn’t, ” Howland, ”, Nova, Williams, Rachel Cornwell’s, Evan, Cornwell, ” Cornwell, “, Kade, It’s, Goepferd, “ There’s, ” Goepferd, Jocelyn Rhynard’s, Rhyland’s, aren’t, —, ” Rhynard, “ we’ve, ‘, ’, Rhynard, ’ ” Howland, Sarah McBride Organizations: CNN, Families United, Trans Rights, Dumbarton United Methodist Church, Human Rights Locations: Washington ,, Minnesota, Delaware

☆ Croatian millennials can't afford to buy homes. The solution — build on top of their parents' place.
▼ + stars: | 2024-06-02 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +6 min

Joshua Zitser/Business InsiderWhen Dascalescu, originally from Romania, moved to Mokošica in 2017 with his Croatian wife, Diana, buying a home in Dubrovnik wasn't financially viable. Now, Dascalescu and Marlais live on their own floor, beneath her brother and his children, who live beneath their parents. Joshua Zitser/Business InsiderThe popularity of this set-up comes down to price, according to a Croatian real-estate expert. AdvertisementPerhaps as a result, many Croatian millennials are stuck living at home well into their mid-30s — the highest average age in Europe. Given the lucrative potential of short-term rentals, Croatian homeowners might also be building rooftop apartments for tourists, to generate extra income, he added.

Persons: —, Bogdan Dascalescu, Dascalescu, Joshua Zitser, Diana Marlais, Diana, Marlais, Bogdan Dascalescu's, Filip Brkan, Brkan, Ivan Vukovic, Nenad Lipovac, Lipovac, there's Organizations: Service, Business, Real Estate Business Association of, Croatian Chamber, Eurostat, UNESCO, University of Zagreb, BI Locations: Dubrovnik, Old Town, Mokošica, Independence, Romania, Croatian, Dubrovnik wasn't, Marlais, Croatia, Europe

☆ A couple in a 27-year bilingual marriage shared their best relationship tips
▼ + stars: | 2024-06-01 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +5 min

Peter and Mika Fenn shared their best bilingual relationship tips with Business Insider, and Sharnie provided insight into how her parents' happy marriage influenced her. Most recently, Peter and Mika Fenn attended an outdoor blues festival, where they "sat on the grass and felt really old looking at all the young people dancing," Peter Fenn said. "Just being with him all the time is really fun," Mika Fenn said. AdvertisementWhen asked about the secret to keeping things light in their marriage, Peter Fenn said it happens naturally. Sharnie Fenn said her parents' marriage positively influenced her expectations of romantic relationships.

Persons: —, Peter Fenn, Mika, Fenn, Sharnie Fenn, Peter, Mika Fenn, Sharnie, Sharnie Fenn Peter Fenn, you've, they're, I'm Organizations: Service, Business, Invest Locations: Gold Coast, Australia, Japan, Gold

☆ I'm Gen Z and have always loved being cozy and well-rested. I'm relieved my generation is catching up with me.
▼ + stars: | 2024-06-01 | by ( Kim Schewitz | ) www.businessinsider.com time to read: +6 min

I'm a Gen Z freshman and I don't have a ticket to the sold-out club night my roommates are excited about going to. AdvertisementGen Z is one of the first generations who will be less wealthy than our parentsIt's not the first time Gen Z has defied expectations. As Business Insider previously reported, Gen Z is one of the first generations that will be worse off than their parents or grandparents. Gen Z appears to be less focused on the future and more on living enjoyable lives now. I'm an older Gen Z on the cusp of being a millennial, but this trend applies to some of the younger members of my generation, too.

Persons: —, I'm, Brandy, Fingers, Kim Schewitz, Serena Vanderwoodsen, ceilidhs, Z, It's, we've, Gen, Gen Zers, they're, you'll, Gen Z Organizations: Service, Real, Business Locations: Brandy Melville, it's

☆ Opinion: Billie Eilish’s “Lunch” is the Pride anthem we so desperately need
▼ + stars: | 2024-06-01 | by ( Opinion Allison Hope | ) edition.cnn.com time to read: +9 min

CNN —Billie Eilish’s new song, “Lunch” is the definitive queer anthem of 2024. Eilish’s “Lunch” symbolizes the seismic evolution in queer women expression in music. Eilish’s “Lunch” is a brilliant reinvention of our freedom of queer expression, and it comes at a most desperate time. If only we tune into Eilish’s song and to its inherent humanity — carnal, raw, authentic — and recognize in it our own hidden desires that we should face with the same openness she does. What Eilish has achieved, though, with her latest album and particularly with the song, “Lunch,” is to raise the bar on the unabashed expression of queer and women’s sexual desire.

Persons: Allison Hope, Billie Eilish’s, ” Allison Hope, Eilish, Marsha P, Johnson, Billy Porter unapologetically, She’s, Barbie, Finneas O’Connell, We’ve, Whitney Houston, Lang, Tracy Chapman, Jodie Foster, Elliot Page, Katy Perry’s, It’s, Nex Benedict, Starr Brown, Trevor, Lily Tomlin, Rosie O’Donnell, Ellen DeGeneres, Melissa Etheridge Organizations: New Yorker, The New York Times, Washington Post, CNN, Slate, Pride, MTV, US State Department, FBI, Department of Homeland Security, Twitter, Facebook, Lifeline Locations: New, Stonewall, New York, veneers, k.d, Russia, Ghana, Uganda, Italy, Buenos Aires, Memphis

☆ Worried About Youth Crime, Newark Revives an 11 P.M. Curfew
▼ + stars: | 2024-06-01 | by ( Tammy Lagorce | ) www.nytimes.com time to read: 1 min

When officials in Newark noted a recent increase in violent crime in their city, they were especially concerned about teenagers, both as perpetrators and as victims. They turned to an old-fashioned idea to keep young people out of trouble: an overnight curfew that had been on the books since 1992 but had gone largely unenforced. “Necessity is the mother of invention,” Mayor Ras J. Baraka said in a recent interview. “The things we do in Newark are sometimes because we don’t have a choice. After school lets out for the summer, it will be enforced on weeknights, too.

Persons: Ras J, Baraka Locations: Newark

☆ Trump must 'immediately' schedule a pre-sentence interview with NYC probation. Playing hooky may add to his legal woes.
▼ + stars: | 2024-06-01 | by ( Laura Italiano | ) www.businessinsider.com time to read: +8 min

Advertisement"The clerk of the court will give you instructions on how to go about scheduling that probation interview and getting that probation report," the judge said. But Trump won't do a penitent probation interview — or any at all, Kuby predicted. Advertisement"If he wants to show remorse, then certainly the probation report is a good place to start doing that," he added. During the first part of the interview, Trump would be asked for standard, so-called "pedigree" information — name, aliases, address, profession, marital status, that kind of thing. During the rest of the interview, Trump would be offered the chance to speak about his conviction and make a plea for leniency.

Persons: —, Donald Trump, Juan Merchan, Blanche, Trump, Todd Blanche, Susan Necheles, Emil Bove, Diana Florence, I've, Ron Kuby, Kuby, Merchan, Angel Rodriguez, Rodriguez, Christine Cornell, …, Arnold Levine, He'd, Levine, Florence Organizations: Service, New York City Department, Investigation, Business, Unit, Trump, Attorney's, BI, Avenues, Justice, Legal Aid Society, New, Defense Task Force Locations: New, Merchan's, Manhattan, Florence

He also warned that the death of any Filipino citizen at the hands of another country in the South China Sea would be “very close” to an act of war. It is also a rare opportunity to hear from, and pose questions to, senior Chinese military leaders. Robert Ward, IISS Japan chair, told CNN he felt Dong’s tone was “more shrill” than he’s seen in previous speeches by Chinese defense chiefs at the gathering. “The strategic environment in Asia has actually got more tense and I think we saw that in the Chinese defense minister’s speech today,” Ward said. “Every year for three years, a new Chinese defense minister has come to Shangri-La,” the official told CNN.

Persons: Dong Jun, ” Dong, ”, Xi Jinping, Dong, Lloyd Austin, ” China’s, “, Lai Ching, China, Ferdinand R, Marcos Jr, Austin –, China “, Robert Ward, he’s, ” Ward, they’ve Organizations: Singapore CNN, Taiwan, National Defense, Communist Party, Democratic Progressive Party, China’s Defense Ministry, South China, Austin, International Institute for Strategic Studies, CNN, US Locations: Singapore, Beijing, Taiwan, United States, China, Taiwan Strait, East, South, South China, Philippines, ”, American, The Hague, Philippine, Ukraine, Dong, Russia, Asia, Pacific, Japan

☆ Loyalty at work no longer pays — and it's employers who are to blame
▼ + stars: | 2024-05-31 | by ( Steven Piluso | ) www.businessinsider.com time to read: +7 min

I got an early impression of what company loyalty was supposed to beAfter college graduation at age 22, I got my first job at an advertising agency. And you didn't worry about jumping around for money; if you took care of the company, they'd take care of you and your family." AdvertisementHe gave them 40+ years of his life, and in return they took great care of him. The broken loyalty contract between employers and workers can be repairedIs loyalty a dated and dead concept? In fact, the shift in values from Gen-X to millennials and Gen-Z creates a great opportunity to ignite loyalty.

Persons: —, I've, I'd, He'd, who'd, Gen X, Steven Piluso Organizations: Service, Business, Fortune Locations: Nantucket, Vermont

☆ A mom transformed a Philadelphia parking lot into Cinderella's castle, giving her daughter the most extravagant prom celebration of the year
▼ + stars: | 2024-05-31 | by ( Amanda Krause | ) www.businessinsider.com time to read: +6 min

It was Treva Harris, Azar's mother, who hosted the prom party of the year. "I'm kind of in awe about how much attention this has gotten," Treva told Business Insider. I thought it was baby blue," Treva told BI. "And the best part is that Azar didn't know what she was walking out to. "We have requests for prom send-offs up to 2028, and I'm like, 'You guys don't even know what date the prom is yet!'"

Persons: —, Azar Harris didn't, Azar, Treva Harris, Azar's, Treva, Gen Z, Azar Harris, Ray Valdez Treva, Muhammad, Muhammad's, Ray Valdez, Azar didn't, we're Organizations: Service, Philadelphia, Business, Teen Vogue Locations: Philadelphia

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