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☆ Scientists in Japan Give Robots a Fleshy Face and a Smile
▼ + stars: | 2024-06-30 | by ( Emily Schmall | ) www.nytimes.com time to read: 1 min

Engineers in Japan are trying to get robots to imitate that particularly human expression — the smile. They have created a face mask from human skin cells and attached it to robots with a novel technique that conceals the binding and is flexible enough to turn down into a grimace or up into a squishy smile. The effect is something between Hannibal Lecter’s terrifying mask and the Claymation figure Gumby. But scientists say the prototypes pave the way for more sophisticated robots, with an outward layer both elastic and durable enough to protect the machine while making it appear more human. Beyond expressiveness, the “skin equivalent,” as the researchers call it, which is made from living skin cells in a lab, can scar and burn and also self-heal, according to a study published June 25 in the journal Cell Reports Physical Science.

Persons: Hannibal Lecter’s Organizations: Engineers, Science Locations: Japan

☆ The IMF slams the US with urgent warnings over its debt, deficits, and trade barriers
▼ + stars: | 2024-06-30 | by ( Filip De Mott | ) www.businessinsider.com time to read: +4 min

In a report last week, it called out high debt, banking vulnerabilities, and trade barriers. These are important downside risks that could impact the global economy, it said. AdvertisementChronic deficits are leading toward a debt-to-GDP ratio of 140% by 2032, IMF said, a situation that needs to be addressed urgently. Advertisement"These create systemic risks to the U.S. and global economy that are entirely avoidable. Meanwhile, Washington's increasingly protectionist approach to trade is a risk to US and global growth, the IMF said.

Persons: —, Washington's, Biden, Trump Organizations: Monetary Fund, Service, International Monetary Fund, IMF, Republicans, Democrats, Silicon Valley Bank, Republican Locations: Washington, Silicon, Basel, China, Beijing, U.S

☆ Italian officials will pay up to $32,000 for you to move to Tuscany — but there's a catch
▼ + stars: | 2024-06-30 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +1 min

Tuscan officials created a $3,000,000 fund to incentivize people to move to the rural countryside. The fund will pay people grants of up to $32,000 to move to Tuscany and fix up a home there. The grants will pay 50% of the costs of renovations. Tuscan officials launched a new "Residency in the Mountains" program in June. The program created a €2,800,000, or about $3,001,740, fund to encourage people to move to the rural countryside.

Persons: — Organizations: Service, Business Locations: Tuscany

☆ The last time we traveled as a family of 6, we spent $6000. I refuse to make the same mistake this summer.
▼ + stars: | 2024-06-30 | by ( Rachel Garlinghouse | ) www.businessinsider.com time to read: +4 min

Read previewLast summer, my family of six went on vacation to a Florida beach. Summer has barely started, and my social media feed is flooded with friends and family members' vacation pics. AdvertisementOther theme ideas include sports, music, animals, movies, or art. See their local sights and enjoy local restaurants. Get season passesSeason passes to a nearby theme park or kid-friendly museum or activity center can save you substantial money.

Persons: —, hadn't, we've, you've, St . Louis, Louis Organizations: Service, Business, City Museum Locations: Florida, St ., St

☆ Rich collectors want to give art to their kids, but they don't want it. Here's what they can do instead, and they can save millions on taxes, too.
▼ + stars: | 2024-06-30 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +7 min

Read previewNearly 80% of wealthy art collectors want their masterpieces to stay in the family, according to a Bank of America survey. For instance, the survey found that collectors between 21 and 43 have a greater appreciation for sculptures and antiquities than older art aficionados. Rich art collectors are reluctant to address the issue, according to Rosemary Ringwald, head of art planning at Bank of America's private bank. Collectors are increasingly picking art executors or art trustees to oversee their possessions after they die, she said. The ideal executor does not have a financial interest in the art and isn't a prospective owner of it.

Persons: —, Rich, Rosemary Ringwald, Ringwald Organizations: Service, Bank of America, Business, Bank of, IRS, Bank Locations: Aspen

☆ Biden meets family at Camp David as calls to exit the race grow
▼ + stars: | 2024-06-30 | by ( Nathan Rennolds | John L. Dorman | ) www.businessinsider.com time to read: +1 min

Biden will meet with his family at Camp David to discuss the future of his campaign, reports say. The trip was planned long in advance but the purpose has shifted after Biden's rough debate. A chorus of influential supporters have called on Biden to step aside in the last 48 hours. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementPresident Joe Biden will meet his family on Sunday at Camp David to discuss the future of his election campaign, according to multiple reports.

Persons: Biden, Camp David, —, Joe Biden, David Organizations: Service, Business Locations: Camp

☆ Warren Buffett once went to China with Bill Gates — and lived on burgers, fries, and Cherry Coke
▼ + stars: | 2024-06-30 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Luckily his close friends, Microsoft cofounder Bill Gates and his then-wife Melinda, went to great lengths to ensure he wouldn't starve. "To his delight he was served course after course of his french fries —even for dessert," Schroeder reported. When they stopped at restaurants for lunch and dinner, Buffett was again served burgers and fries while the others chowed down on Chinese food. During a scenic private cruise, Buffett, Gates, and Gates' dad played bridge. "Buffett towed the Gateses straight to McDonald's to buy hamburgers in the middle of the night," Schroeder wrote.

Persons: —, Warren Buffett, Bill Gates, Melinda, Alice Schroeder, Buffett, Schroeder, Cherry Coke, Rick Wilking, Gates Organizations: Service, Business, Berkshire Hathaway, Reuters Locations: China, Sichuan, Champagne, gulps, Berkshire, Hong Kong

☆ Hurricane Beryl intensifies into ‘very dangerous’ Category 3 storm as it approaches the Caribbean
▼ + stars: | 2024-06-30 | by ( Dalia Faheid | Sara Tonks | ) edition.cnn.com time to read: +7 min

The National Hurricane Center says Beryl is expected to be an “extremely dangerous” Category 4 hurricane when it reaches the Windward Islands by late Sunday or early Monday. A tropical storm warning has been issued for Martinique, and a tropical storm watch is in effect for Dominica. The first hurricane of the season is unusually earlyBeryl’s rapid intensification is very unusual this early into hurricane season, according to Brennan. If Beryl reaches Category 4 intensity before Thursday, July 4, it would be the earliest recorded Category 4 hurricane in the Atlantic. Cars line up at a gas station Saturday in Bridgetown, Barbados, as hurricane Beryl approaches.

Persons: Beryl, ” Mike Brennan, CNN’s Fredricka Whitfield, Brennan, Vincent, “ Beryl, ” Brennan, “, Wilfred Abrahams, Chandan Khanna, Ralph Gonsalves, ” Gonsalves, Saint Lucia, Philip J, Pierre, Phil Klotzbach, that’s “, ” Organizations: CNN, National Hurricane Center, NHC, National Oceanic, Hurricane Center, NOAA, Home Affairs, Getty, National Disaster Management Agency, Colorado State University, Weather Service Locations: Barbados, Windward, Islands, Windward Islands, Caribbean, St, Lucia, Grenada, Tobago, Martinique, Dominica, Lesser, Atlantic, El, Bridgetown, Grenadines, “ Kingstown, ”, Saint, Pacific

☆ Deadly Russian Su-34 bombers are sitting ducks for Ukraine's ATACMS. But it can't attack without US approval.
▼ + stars: | 2024-06-30 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +1 min

Near the border of northeastern Ukraine, some of Russia's lethal Su-34 fighter jets sit in the open. The bombers have been used to pound Ukraine with regular barrages of glide bombs. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementNear the border with northeastern Ukraine, some of Russia's deadly Su-34 fighter bombers lie exposed on the tarmac of a military airfield as they await orders to carry out their next attack. Voronezh Malshevo airbase is a launching point for jets operated by the Russian Air Force's 47th Guards Bomber Aviation Regiment.

Persons: — Organizations: Service, Russian Air Force's, Guards Bomber Aviation Regiment, Business Locations: Ukraine, Voronezh Malshevo, Kharkiv

☆ These parts of the stock market are already priced for recession, Northwestern CIO says
▼ + stars: | 2024-06-30 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +3 min

"The world has been talking about a recession for the better part of two years, and people have been investing that way," Schutte said. Schutte said that the price-to-cash flow ratio for the S & P Small Cap 600 index already looks like it typically does at the end of recessions. The S & P 500 is up 14.5% year to date, while the Russell 2000 small cap index is higher by just 1%. The S & P 600 Small Cap index is actually down by almost 2% on the year. .RUT YTD mountain Small cap stocks are lagging behind their larger counterparts.

Persons: Brent Schutte, Schutte, Russell Organizations: Northwestern Mutual Wealth Management, CNBC, Northwestern, University of Chicago Booth School, Businesss, Federal Reserve, Nvidia, Microsoft Locations: U.S

☆ From used cars to airfare: 5 purchases that are cheaper than last year, even as prices rise overall
▼ + stars: | 2024-06-30 | by ( Mike Winters | ) www.cnbc.com time to read: 1 min

Prices for commonly purchased items such as groceries and diapers keep going up — or at least it feels that way. But with inflation cooling off over the last year, a few things have actually gotten cheaper. The discounts are a welcome relief for Americans who have weathered the cost of goods and services increasing 17% over the past three years, as measured by the consumer price index. At 3.3%, the year-over-year inflation rate is still above the Federal Reserve's target of 2%, but price decreases are an encouraging sign that costs are trending in the right direction. Here's a look at the most significant discounts in the past year, expressed as percentages.

☆ Fathom, the company behind classic films at your local theater, is making major gains in moviegoing
▼ + stars: | 2024-06-30 | by ( Sarah Whitten | ) www.cnbc.com time to read: +6 min

At a time when the box office is starved for content and audiences seem pickier than ever, Fathom Events is posting record revenue gains. In 2023, Fathom generated $100 million at the box office, a 116% increase over 2019 levels and its highest-grossing year ever. "These audiences are getting to enjoy classic films, either for the first time or for the first time, in a new way. Last year, the film extended its release to five days and snared $7.1 million, making it the highest-grossing classic film release in Fathom history. "They worked out the licensing and they created the marketing behind re-releasing these classic films that, you know, we just can't do ourselves.

Persons: Cinemark, Andrea Bocelli, Paul Dergarabedian, Jesus, Brock Bagby, Jordan Hohman, Oz, Alfred Hitchcock's, Bagby, Fathom, Ray Nutt, Hohman Organizations: AMC, Hollywood's, Fathom, B, Phoenix Theatres, Ghibli, Dallas Locations: Comscore

☆ Noah Lyles wins 200m at US Olympic trials in record time
▼ + stars: | 2024-06-30 | by ( Aimee Lewis | ) edition.cnn.com time to read: +2 min

CNN —Three-time world champion Noah Lyles moved a step closer to achieving his ambitions of an Olympic sprint double by winning the men’s 200-meters in record time at the US Olympic track and field trials. Twenty-year-old world silver medalist Erriyon Knighton was third in 19.77, securing the final Olympic spot in the event. “You claim you’re gonna go out there and win four medals, so the goal had to be win the 100m and 200m. Elsewhere, Grant Holloway was 0.06 seconds off the world record in winning the men’s 110m hurdles in 12.86. Olympic champion Valarie Allman (70.73m) won the women’s discuss, while Tara Davis-Woodhall won the women’s long jump.

Persons: Noah Lyles, Eugene, Michael Johnson’s, Lyles, Kenny Bednarek, Erriyon Knighton, “, ” Lyles, I’ve, He’s, Lyles –, –, Gabby Thomas, ” Thomas, ” Brittany Brown, McKenzie Long, Sha’Carri Richardson, Grant Holloway, Valarie Allman, Tara Davis, Woodhall Organizations: CNN, Hayward Field, Olympic, Associated Press Locations: Bednarek, Tokyo, Paris

☆ Meet NATO's next chief, the 'Trump whisperer' and fierce critic of Vladimir Putin
▼ + stars: | 2024-06-30 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +4 min

You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewNATO has selected outgoing Dutch Prime Minister Mark Rutte as its next Secretary-General. Rutte, a fierce critic of Russian President Vladimir Putin, will take over from Jens Stoltenberg on October 1, ending the latter's decadelong run at the helm of the alliance. Ukrainian president Volodymyr Zelenskyy and Dutch Prime Minister Mark Rutte.

Persons: —, Mark Rutte, Rutte, Vladimir Putin, Jens Stoltenberg, Philippe Dickinson, Dickinson, Trump, Rachel Rizzo, he's, Volodymyr Zelenskyy, Michael O'Hanlon, Putin Organizations: Service, Dutch, Business, Transatlantic Security, Strategy, Security, Alliance, Trump, NATO, Atlantic Council's, Getty, Brookings Institution, Malaysia Airlines Flight Locations: Netherlands, Ukraine, Gaza, Russia, China, Dutch

CNN —Israel has sparked condemnation after the finance minister announced plans to legally recognize five unauthorized Jewish settlements in the occupied West Bank. As CNN has reported, the Israeli government has been looking to “strengthen” Jewish settlements in the occupied West Bank after several countries unilaterally recognized a Palestinian state. The Palestinian Authority, which administers some areas of the Israeli-occupied West Bank, told CNN on Sunday that it has not yet received the funds from Israel. He has long advocated for the building of settlements, pointing to them as a means of preventing the West Bank becoming part of such an independent state. Such settlements are considered illegal under international law and by much of the international community.

Persons: CNN — Israel, Bezalel Smotrich, ”, Amir Cohen, Peter Stano, “, Smotrich Organizations: CNN, West Bank, Palestinian Authority, Israel, Israeli, Reuters, Union, Oslo Accords Locations: Palestinian, Israel, Qatar, Egypt, Saudi Arabia, Gaza, East Jerusalem, Oslo

☆ An annual solo trip reminds me of who I am outside being a mom. Sometimes, I feel guilty for spending the time and money, but it's worth it.
▼ + stars: | 2024-06-30 | by ( Tiffany Nieslanik | ) www.businessinsider.com time to read: +4 min

One result of this openness is a love of travel — I've visited 40 of the 50 United States and 25 countries (and counting). So, I still take an annual solo trip these days. Like many parts of parenting, traveling solo is a push-pull in two directions for me. Tiffany Nieslanik traveled all over Europe when she was younger, and it showed her that solo travel isn't scary. When that time comes, I don't want to have forgotten who I am outside "mom," and my annual solo trip helps me remember who that is.

Persons: I've, it's, Tiffany Nieslanik, Tiffany Organizations: Service, Alhambra Locations: States, Europe, Krakow, Berlin, San Sebastian, Chamonix, Spain

☆ Want to Be Trump’s Running Mate? Make Sure He Knows About Your Donors.
▼ + stars: | 2024-06-30 | by ( Michael C. Bender | Theodore Schleifer | ) www.nytimes.com time to read: 1 min

During his 2016 campaign, Donald J. Trump orchestrated a takeover of the Republican Party in part by blasting wealthy political donors as the root of corruption and delivering a populist message that appealed to working-class voters. Eight years later, one of his key decision points in choosing a running mate is connections to the superrich. As the end of the selection process approaches, with an announcement expected in the next two weeks after months of suggestion and misdirection, Republican hopefuls are looking to convince Mr. Trump that they have the financial backing behind them that could help swing the race. There are other factors that could make for a good match. Mr. Trump is said to be considering candidates with discipline on the campaign trail, who will not steal his precious spotlight and would fare well in a debate with Vice President Kamala Harris.

Persons: Donald J, Trump, misdirection, Kamala Harris Organizations: Republican Party

☆ In honor of the 20-year anniversary of 'The Notebook,' here are the 8 best pictures of then-couple Ryan Gosling and Rachel McAdams
▼ + stars: | 2024-06-30 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +1 min

June 25 marks 20 years since the release of "The Notebook," starring Ryan Gosling and Rachel McAdams. Despite initial tensions, Gosling and McAdams' chemistry contributed to the film's success, and they eventually dated. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIn June 2004, we were not only given a big-screen adaptation of Nicholas Sparks' best-selling novel "The Notebook" but also one of the steamiest celebrity couples of the aughts: Ryan Gosling and Rachel McAdams. This story is available exclusively to Business Insider subscribers.

Persons: Ryan Gosling, Rachel McAdams, Gosling, McAdams, —, Nicholas Sparks, Noah, Allie, James Garner, Gena Rowlands Organizations: Service, Business

☆ UBS executives break down how markets will react to a Biden or Trump presidency — and the 3 best investment strategies to hedge election risk
▼ + stars: | 2024-06-30 | by ( Christine Ji | ) www.businessinsider.com time to read: +6 min

UBS executives covering fixed income and equity strategies outlined in a recent note four different scenarios come November: a blue sweep, a Biden presidency with a split Congress, a red sweep, and a Trump presidency with a split Congress. The two overwhelmingly likely outcomes would be a Biden presidency with a divided Congress (40%) and a Trump presidency with a Republican Congress (45%), per UBS. A Biden victory with a divided CongressA Biden presidency will likely usher in increased tax rates and regulatory oversight, UBS said. A Trump presidency combined with a Republican Congress would mean an extension of the current lower marginal tax rates, the bank said. While antitrust regulation will likely ease under Trump, he's hardly a Big Tech supporter: Trump sued Facebook, Google, and Twitter (now X) in 2021.

Persons: —, Biden, David Lefkowtiz, Trump's, Tom McLoughlin, UBS's, Lefkowitz, he's, Trump, Leslie Falconio, Goldman Sachs Organizations: Service, UBS, Biden, Trump, Republican Congress, Business, Nvidia, OpenAI, Big Tech, Republican, Republicans, Democrats, Facebook, Google, Twitter, World Gold, Trust

☆ A prominent think tank says China could take control of Taiwan without even launching an invasion — here's how
▼ + stars: | 2024-06-30 | by ( Cameron Manley | ) www.businessinsider.com time to read: +6 min

Read previewChina could take control of Taiwan without ever having to invade, a prominent think tank has said. China has already begun carrying out certain elements of such a campaign, launching increasing military exercises around the island. AdvertisementHowever, a "law enforcement-led gray zone operation" would complicate any third-party intervention, per the CSIS report. Tensions between China and Taiwan are increasing by the dayRelations between Taiwan and China remain on a knife edge. Chinese military exercises off Taiwan.

Persons: —, stoking, RHSKKjXtOu, pzmpXbWd0k —, Sidharth, Feng Hao, Joe Biden, Dong Jun, Xi Jinping, Gui, Tom Shugart Organizations: Service, Washington DC, for Strategic, International Studies, Business, pzmpXbWd0k — CSIS, China Coast Guard, Maritime, Administration, American Enterprise Institute, Institute for, Royal United Services Institute, CNN, PLA, China Military, Anadolu, Getty, Taiwan Relations, CSIS, Chinese Defense, US Navy, Center, New, New American Security Locations: China, Taiwan, Taiwan Strait, Singapore, Beijing, Gui Xinhua, New American

At least 18 people were killed and dozens of others were wounded in a series of suicide bombings on Saturday afternoon in northeastern Nigeria, including at a wedding and a funeral, according to local officials and the police. The victims included children and pregnant women, Mr. Saidu said. Some Nigerian news outlets reported that at least 30 people had been killed. As of Sunday morning, no group had claimed responsibility for the bombings. The blasts resembled previous attacks carried out by Boko Haram, whose fighters have killed tens of thousands in Nigeria and whose aggression in the region has led to the displacement of more than two million people.

Persons: Barkindo Saidu, Haram, Saidu, Boko Haram Locations: Nigeria, Borno, Gwoza, Borno State, Nigerian

☆ A financially independent entrepreneur shares the 'ticket for passive income' — and how she plans to grow from a six-figure business to 'multiple seven figures'
▼ + stars: | 2024-06-30 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +6 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewLiz Wilcox brings in, on average, $40,000 a month from her email marketing business — and she's not logging a lot of hours. Her business brought in five figures while she competed on the reality TV show without access to the outside world. AdvertisementThanks to the way she's set up her business, "I really could disappear for a month," said Wilcox. Because almost every business, if they're doing it right, is doing email marketing."

Persons: —, Liz Wilcox, I've, Wilcox, Burger King, We've, Liz, she'd, we'd Organizations: Service, Business, BI Locations: Destin , Florida

☆ The Cost of a Psychic Is a Window Into Americans' Spending Habits
▼ + stars: | 2024-06-30 | by ( Emily Stewart | ) www.businessinsider.com time to read: +15 min

For $25, which wound up being $30 because she didn't have change, Jessica told me my fortune. That psychic is also a pet psychic, which is not Katy's jam. Once, after an accident on her block in Chicago, Katy used a psychic to ensure the person had crossed over. Another time, she bought a bunch of bath oils in New York after a psychic told her she was cursed. In a consumerist society, of course some people are willing to pay to commune with the afterlife.

Persons: I'm, Jessica, IBISWorld, upselling, It's, that's, spellwork, Lisa Stardust, who's, Neil Dagnall, Ken Drinkwater, Dagnall, Drinkwater, —, Jane Risen, Risen, it's, what's, they're, Cleo, Peter Popoff, they'd, Ralph Lewis, There's, we're, Lewis, I've, Katy who's, Katy, Taylor Swift, Emily Stewart Organizations: Pew Research Center, what's, Manchester Metropolitan University, University of Chicago's Booth School of Business, Federal Trade Commission, intel, University of Toronto, Business Locations: Manhattan, New York, Chicago

☆ CNN anchor: ‘As long as there are sharks in the ocean, I’ll be diving in’
▼ + stars: | 2024-06-30 | by ( Boris Sanchez | ) edition.cnn.com time to read: +10 min

Yet, there are arguments that the potential problems caused by shark feeding tourism are outweighed by the benefits. When it comes to migratory patterns, the science is limited but points to shark feeding having a negligible effect on their movement. As long as there are sharks in the ocean, I’ll be diving in – hoping to cherish them in person. CNNOpponents of shark feeding will also point to several fatal accidents during shark dive tours, including one late last year. As long as there are sharks in the ocean, I’ll be diving in — hoping to cherish them in person.

Persons: Boris Sanchez, Anderson Cooper, you’re, I’m, it’s, I’ve Organizations: CNN, Central, Tiger, chum, Zoological Society, Saturn Locations: Washington , DC, Bahamas, bonito, –, Australia, —

☆ Move over, remote jobs. CEOs say borderless talent is the future of tech work
▼ + stars: | 2024-06-30 | by ( Rachel Curry | ) www.cnbc.com time to read: +6 min

Borderless tech hiring has doubled in the last three years, according to Gartner's 2023 CEO Survey. By 2022, the tech talent workforce in cities like Beijing and Delhi far outweighed that of U.S. powerhouses like San Francisco and New York, reports CBRE Global Tech Talent Guidebook 2024. The report cites burgeoning tech talent markets like Bucharest, Romania; Cape Town, South Africa; Cebu City, Philippines; Nairobi, Kenya and more. Pockets of talent worldwideAdam Jackson, CEO of decentralized tech talent platform Braintrust, does borderless differently. Caplan relishes in the more altruistic potential of borderless employment, namely its ability to "lift up communities around the globe."

Persons: Jeremy Johnson, Goldman Sachs, Johnson, John Caplan, Adam Jackson, Jackson, That's, synchronously, Caplan, Caplan relishes Organizations: CBRE Global Tech, Global, NASA, Deel's Locations: Beijing, Delhi, U.S, San Francisco and New York, Bucharest, Romania, Cape Town , South Africa, Cebu City, Philippines, Nairobi, Kenya, Braintrust, San Francisco, Silicon Valley, Europe, Africa, America

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