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☆ There's a catch in OpenAI's $6.6 billion funding deal that no one is talking about
▼ + stars: | 2024-10-04 | by ( Natalie Musumeci | Alex Bitter | ) www.businessinsider.com time to read: +6 min

There's an important stipulation on OpenAI's historic $6.6 billion funding round. AdvertisementOpenAI's historically large $6.6 billion funding round is bringing in checks from some of the biggest technology and venture capital investors. If the ChatGPT-maker doesn't complete its transition to a for-profit company within two years, investors in the latest round could ask for their money back, multiple outlets have said. But "if there's disagreement within the entity, then it's much harder for the regulators to approve it," he said. AdvertisementStill, the legal experts said that though OpenAI's transition to a for-profit company is a complicated one, it's doable.

Persons: —, there's, doesn't, OpenAI, Jill Horwitz, Horwitz, Alexander Reid, Reid, doable, Elon Musk, Sam Altman, Greg Brockman, Musk, Altman Organizations: Service, University of California, Los Angeles School of Law, Internal, SEC, IRS, Employees Locations: OpenAI, Delaware, California

☆ Soho House billionaire's mansion plans for English countryside is 'more suited to Disneyland,' locals say
▼ + stars: | 2024-10-04 | by ( Lauren Edmonds | Eve Crosbie | ) www.businessinsider.com time to read: +5 min

One said the proposed development is "more suited to Disneyland." AdvertisementAn American billionaire's plan to build a home in the English countryside is not going over well with local residents, one of whom said it was "more suited to Disneyland." Burkle's proposed home would be near Soho Farmhouse, a countryside outpost of the members-only chain. AdvertisementAn illustration of Ron Burkle's proposed countryside home in England. Martin Leay AssociatesBurkle is having a hard time, however, getting approval for his rural home from West Oxfordshire officials.

Persons: Ron Burkle, —, He's, Ron Burkle's, Burkle's, Martin Leay, Burkle, Monteverdi, Mascagni, Mozart, Little Tew's Organizations: Soho House, Service, Yucaipa Companies, West, West Oxfordshire District, Business, Little, National Locations: England, Soho House, Little Tew, West Oxfordshire, Soho

☆ Haiti gang attack kills 70 people including infants
▼ + stars: | 2024-10-04 | by ( Mitchell Mccluskey | ) edition.cnn.com time to read: +2 min

CNN —At least 70 people, including three infants, were killed in a gang attack in the central Haiti town of Pont Sondé, the United Nations Human Rights Office said in a statement on Friday. Members of the “Gran Grif” gang used automatic rifles to kill at least 70 people on Thursday, including 10 women and three infants, according to the UN. The attack occurred in Haiti’s Artibonite department, a crucial agricultural center about 50 miles north of Port-au-Prince, where gang violence has continued to spread, according to the UN. At least 16 people were seriously injured in the attack, including two gang members hit during an exchange of fire with Haitian police, the UN said. “Despite an extremely difficult security context, the victims of this attack are being cared for by local institutions,” the ministry said.

Persons: Pont Sondé, Garry Conille, Grif, Luckson Elan, “, ”, Conille Organizations: CNN, United Nations Human Rights, UN, Haitian, Haitian Ministry of Health, Multinational Security, Haitian National Police Locations: Haiti, Pont, Haiti’s Artibonite, Port, Haitian, Artibonite, United States, Caribbean

☆ Mark Cuban tells 'All-In' podcast that the advice he tried giving Trump went unheeded
▼ + stars: | 2024-10-04 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +4 min

Mark Cuban told the "All-In" podcast hosts that he used to talk to former President Donald Trump a lot. During Trump's 2016 campaign, Cuban said he tried to give some advice, but it went unheeded. Cuban said during the podcast episode that he was once enthusiastic about the prospect of an outsider running for office. Cuban told the podcast hosts that he would ask Trump about his campaign's ground game, and Cuban said Trump would brush off concerns: "Yeah, I got the evangelicals doing all that, I'm not worried about it." "I've said this many, many times: If it was a non-MAGA candidate, particularly if it was Joe Biden still, I'd vote Republican," he told the podcast hosts.

Persons: Mark Cuban, Donald Trump, Cuban, Trump, —, Mark Cuban wasn't, Trumper, I'm, Kamala Harris, Joe Biden, I've, MAGA Organizations: Service, Trump, Business, Cuban, CNN, Republican Party, Democrat, Republican

☆ Treasury yields dip ahead of September jobs report
▼ + stars: | 2024-10-04 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

The 10-year Treasury yield was lower by one basis point at 3.84%, while the yield on the 2-year Treasury was also one basis point lower at 3.697%. U.S. Treasury yields were slightly lower early Friday as investors gear up for the closely watched September jobs report. Treasury yields rose on Thursday after ADP data showed private payrolls grew by more than expected in September. Private companies added 143,000 jobs, ahead of August's figure of 103,000 and a forecast of 128,000. That was given as justification for the jumbo 50-basis-point interest rate cut carried out by the Fed last month.

Persons: Dow Jones, Jerome Powell, Powell Organizations: Treasury, U.S, Fed

☆ Buttigieg claps back at Elon Musk for false claims about Helene federal response
▼ + stars: | 2024-10-04 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +3 min

Transportation Secretary Pete Buttigieg spoke directly to Elon Musk Friday on the billionaire's X platform, part of an effort to counter false conspiracies about federal disaster aid for victims of Hurricane Helene that Musk spread on X, where his follower count stands over 200 million. "No one is shutting down the airspace and FAA doesn't block legitimate rescue and recovery flights," wrote Buttigieg. Buttigieg was replying to a post from Musk that falsely claimed the Federal Aviation Administration was shutting down airspace in the disaster zone and "throttling" flights transporting supplies. An FAA spokesperson told CNBC, "There are no airspace restrictions in place in North Carolina as rescue efforts continue because of Hurricane Helene. Musk frequently uses X to provoke -- but in lashing out at FEMA on Friday, he escalated his battle with the U.S. government.

Persons: Pete Buttigieg, Elon Musk, Hurricane Helene, Musk, Buttigieg, Helene, Donald Trump, Trump, Musk's, SpaceX's, Tesla, DisasterAssistance.gov Organizations: Elon, FAA, Federal Aviation Administration, CNBC, FEMA, Federal Emergency Management Agency, Republican, Musk's SpaceX, U.S ., Environmental Protection Agency, penalizing SpaceX, SpaceX, Apple Locations: Hurricane, North Carolina, Asheville, Rutherford

☆ Why one firm is skeptical about the blockbuster September jobs report — and is still expecting another jumbo rate cut
▼ + stars: | 2024-10-04 | by ( Filip De Mott | ) www.businessinsider.com time to read: +4 min

The Fed will still deliver jumbo rate cuts to stabilize the weakening job market, the firm predicted. AdvertisementThough most on Wall Street are cheering September's blowout labor report, not everyone is so sure the labor market is booming. Advertisement"The extremely low response rate to the payroll survey waves a red flag," the firm wrote on Friday. The firm scrutinized last month's payroll strength against the fact that other labor market indicators have shown a pullback in hiring. Meanwhile, this week's JOLTS data prompted Deutsche Bank to question how tight the labor market really is.

Persons: —, Larry Summers Organizations: Macroeconomics, Service, Deutsche Bank, of Labor Statistics, Conference, Federal, Bank of America Locations: joblessness, tanked

☆ Medicare shake-up sends Humana stock down 23% in a week for its worst drop since 2009
▼ + stars: | 2024-10-04 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +3 min

Humana's stock is down 23% in its worst weekly drop since 2020 and biggest two-day decline since 2009. The drop comes as Medicare downgraded ratings on some of Humana's health insurance plans. The health insurer's shares are down 23% since the start of the week, marking its biggest weekly drop since 2020 and its biggest two-day decline in 15 years. Over those days, the stock declined 22%, the biggest two-day drop since the financial crisis in 2009. They said Medicare Advantage plans could see further pressure if Democrats win in the upcoming elections, which would hinder Humana's recovery.

Persons: —, It's, AJ Rice, Humana's downgrades Organizations: Service, Humana, UBS, Bank of America

☆ If you liked the first Joker movie, critics say you'll hate the sequel
▼ + stars: | 2024-10-04 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +8 min

"Joker: Folie à Deux" opens in theaters Friday. Here's a sampling of what critics think of "Joker: Folie à Deux," which is in theaters now. "'Joker: Folie à Deux' often recalls the series finale of 'Seinfeld,' insofar as it puts its main character on trial for his former misdeeds," he wrote. Related stories'Folie à Deux' really is a musical — just not a good onePhoenix and Gaga in "Joker: Folie à Deux." It's definitely not a movie for the fansGaga and Phoenix in "Joker: Folie à Deux."

Persons: Joaquin Phoenix, Lady Gaga, Harley Quinn, —, Oscar, Todd Phillips, Arthur Fleck, Gaga's Lee Quinzel, Fleck, Warner, Phillips, Nick Schager, Arthur couldn't, IndieWire's David Ehrlich, Pete Hammond, TIME's Stephanie Zacharek, Johnny Oleksinski, Gaga, Lee, Niko Tavernise, Alison Willmore, Hollywood Reporter's David Rooney, Gaga tamps, Richard Lawson, Arthur's, Lawson, Arthur, It's, Critics, He's, he's, Variety's Owen Gleiberman, BBC's Nicholas Barber, it's, TIME's Zacharek Organizations: Rotten, Service, DC Comics, Phoenix, Arkham, Warner Bros, coy, New York, MGM, Miss, Hollywood Locations: CinemaCon, Miss Saigon

☆ The EU just made Chinese EVs a lot more expensive — and created a new threat for European automakers
▼ + stars: | 2024-10-04 | by ( Tom Carter | ) www.businessinsider.com time to read: +5 min

Europe is clamping down on Chinese electric cars. European automakers are facing plunging EV sales and pressure over looming emissions targets. AdvertisementEurope is clamping down on Chinese electric cars — but the move to protect the continent's automakers could create a new problem for the likes of Volkswagen and BMW. The European Union voted to impose sweeping tariffs on Chinese EV makers on Friday as it seeks to protect its automotive industry from what the bloc claims are unfairly subsidized cheap Chinese electric vehicles. The European tariffs come after the US introduced its own trade restrictions against Chinese EVs earlier this year.

Persons: —, Teslas, Elon Musk, Tesla, Viktor Orbán, French carmaker Renault, Luca de Meo, Julia Poliscanova Organizations: EU, Service, Volkswagen, BMW, European Union, SAIC, Benz Group, BMW Group, Mercedes, Benz, VW, French, Reuters, Transport, Environment, Transport & Environment, Business Locations: Europe, China, Paris, Germany, Hungary, Frankfurt, Beijing

☆ Nvidia CEO Jensen Huang says it's 'insanely hard' to build a business — and ignorance is a 'superpower' for founders
▼ + stars: | 2024-10-04 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Nvidia's Jensen Huang explained just how tough it was to build the chipmaker into a world-beater. Startup founders don't know what they're signing up for — and that's a good thing, Huang said. AdvertisementStarting Nvidia from scratch and growing it into a $3 trillion company took three decades and stretched Jensen Huang to his absolute limit. The adversaries and all the smart things that they're going to do. The adversities that you're going to be confronted with over time."

Persons: Nvidia's Jensen Huang, Huang, —, Jensen Huang, Bloomberg — Organizations: Service, Nvidia, Bloomberg

☆ U.S. job creation totaled 254,000 in September, much better than expected
▼ + stars: | 2024-10-04 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

watch nowThe U.S. economy added far more jobs than expected in September, pointing to a vital employment picture as the unemployment rate edged lower, the Labor Department reported Friday. Nonfarm payrolls surged by 254,000 for the month, up from a revised 159,000 in August and better than the 150,000 Dow Jones consensus forecast. The unemployment rate fell to 4.1%, down 0.1 percentage point. Strength in job creation spilled over to wages, as average hourly earnings increased 0.4% on the month and were up 4% from a year ago. You get upward revisions and it tells you the job market continues to be healthy, and that means the economy is healthy."

Persons: Nonfarm payrolls, Kathy Jones, Charles Schwab Organizations: Labor Department, Dow Jones, Federal Reserve Locations: U.S

☆ Goldman Sachs says crude could spike by $20 on Iran oil shock
▼ + stars: | 2024-10-04 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +4 min

The oil tanker 'Devon' prepares to transfer crude oil from Kharg Island oil terminal to India in the Persian Gulf, Iran, on March 23, 2018. Oil prices could shoot up $20 per barrel if Iranian production sees a hit resulting from Israeli retaliation, according to Goldman Sachs. U.S. crude oil prices just saw a third consecutive session of gains after Iran launched a ballistic missile attack on Israel, heightening tensions in the region. If Israel hits Iran's oil industry, supply disruptions in the Strait of Hormuz could become of concern, other analysts echoed. This strategically significant waterway connects crude oil producers in the Middle East with major global markets.

Persons: Struyven, Daan Struyven, Goldman Sachs, CNBC's, Saul Kavonic, Joe Biden, Brent Organizations: U.S . Energy Information Administration, Oil, CNBC, White, bbl, USD150, Fitch Solutions, BMI Locations: Devon, India, Persian Gulf, Iran, Saudi Arabia, UAE, Israel, U.S, China, Hormuz, Strait, Oman, OPEC

☆ Pete Alonso’s dramatic ninth-inning home run sees New York Mets down Milwaukee Brewers and advance to NLDS
▼ + stars: | 2024-10-04 | by ( Homero De La Fuente | ) edition.cnn.com time to read: +3 min

CNN —Pete Alonso hammered a historic, go-ahead, three-run home run in the ninth inning to power the New York Mets to a 4-2 victory over the Milwaukee Brewers in their winner-take-all Game 3 of the NL Wild Card Series. With free agency looming, it could have been the final act of his Mets career – but the possible last dance continues. Benny Sieu/USA Today Sports/ReutersAfter the Mets came from behind to win 8-4 in Game 1, the Brewers leveled the series with a 5-3 victory Wednesday. The stunning victory over the Brewers marks the first time that the team has advanced in the postseason since 2015. “There was no way this season was going to end without something happening in that ninth inning,” he added.

Persons: Pete Alonso, “ I’m, ” Alonso, “, Devin Williams, –, Alonso, I’m, that’s, you’ve, Benny Sieu, Jake Bauers, Sal Frelick, Williams, ”, Francisco Lindor, David Stearns, it’s Organizations: CNN, New York Mets, Milwaukee Brewers, NL, Mets, NL East, Philadelphia Phillies, National League Divisional, “, ” Mets, USA, Sports, Reuters, Brewers, Milwaukee, Atlanta Braves Locations: Milwaukee, York

☆ Who is Hashem Safieddine, rumored to be the next Hezbollah chief?
▼ + stars: | 2024-10-04 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +3 min

Hezbollah has lost contact with Safieddine since the strike, a Lebanese security source told CNN on Saturday. Just like Nasrallah, Safieddine is a staunch critic of Israel and the West, with deep alliances with the Iranian leadership. The executive council is one of five bodies that make up the Shura Council, which is the organization’s decision-making body. The executive council oversees political matters, as opposed to the Jihad Council which is the group’s military body, which Safieddine is a member of. The United States designated Hezbollah a foreign terrorist organization in 1997, and in 2017 designated Safieddine a foreign terrorist.

Persons: Hassan Nasrallah, Safieddine, Nasrallah –, Nasrallah, Israel, Qasem Soleimani, Safieddine’s, Soleimani’s, Sayyid, ”, Prophet Mohammed, Nasrallah “, They’ve, ” Phillip Smyth, –, “, ” Saffiedine, Washington Organizations: CNN, Shura, Jihad, Iran’s Revolutionary Guard Corps, Reuters, United Locations: Beirut, Iran, Baghdad, Lebanese, Deir Qanoun En, Gaza, Lebanon, Iraq, Afghanistan, United States

☆ Microsoft tells customers it lost log data for key security products
▼ + stars: | 2024-10-04 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +4 min

Microsoft told customers that a software bug caused inconsistent collection of log data. The bug affected key security products, including Microsoft Sentinel and Entra. Advertisement"This issue did not impact the uptime of any customer-facing services or resources -- it only affected the collection of log events. Microsoft Sentinel, a security information and event-management product, was also impacted, along with Microsoft Defender for Cloud and Microsoft Purview, a data loss prevention product. "Microsoft Sentinel customers may have experienced potential gaps in security related logs or events, possibly affecting customers' ability to analyze data, detect threats, or generate security alerts," the update warned.

Persons: —, Spokespeople Frank Shaw, Jill Austin, It's, Satya Nadella Organizations: Microsoft, Microsoft Sentinel, Service, Business, Microsoft Defender, Cloud, WE Communications, Futures Initiative, Department of Homeland Security, BI

☆ Fed close to pulling off the elusive economic soft landing in 2024 after great September jobs report
▼ + stars: | 2024-10-04 | by ( Jeff Cox | ) www.cnbc.com time to read: +5 min

"It also increases the possibility of a no-landing as well, meaning even stronger economic data for 2025 than we currently expect." watch nowBeyond that, it virtually eliminated any chance that the Federal Reserve would be repeating its half percentage point interest rate cut from September anytime soon. But broadly speaking, the news was very good and raised questions over just how aggressive the Fed will need to be. Jones said the Fed will have a dilemma on its hand as it figures out the proper policy response. "In an election year, passions run high and every economic report or event can garner intense reaction.

Persons: Anna Rose Layden, We've, Beth Ann Bovino, Friday's nonfarm, Dow Jones, Bovino, David Royal, Kathy Jones, Charles Schwab, Jones, they're, Elizabeth Renter Organizations: Outfitters, Getty, Federal Reserve, U.S . Bank, Fed, Fed Bank of America, Wall, U.S Locations: Tysons , Virginia, U.S

☆ CVS is under pressure and considering a break up. Here's why that could be risky
▼ + stars: | 2024-10-04 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +11 min

In this article CVS Follow your favorite stocks CREATE FREE ACCOUNTA sign outside of a CVS pharmacy store on February 07, 2024 in Miami, Florida. That means Caremark also sits at the intersection of CVS' retail pharmacy operation and its Aetna insurer, boosting the competitive advantage of both of the businesses. A workers stocks the shelves in a CVS pharmacy store on February 07, 2024 in Miami, Florida. An Oak Street Health clinic stands in a Brooklyn neighborhood on February 08, 2023 in New York City. A general view shows a sign of CVS Health Customer Support Center in CVS headquarters of CVS Health Corp in Woonsocket, Rhode Island, U.S. October 30, 2023.

Persons: Joe Raedle, Caremark, Rajiv Leventhal, Karen Lynch, Lynch, Brian Kane, Jefferies, Brian Tanquilut, Elizabeth Anderson, Anderson, it's, eMarketer's Leventhal, Tanquilut, Ann Hynes, Spencer Platt, they're, Michael Cherny, Cherny, Faith Ninivaggi Organizations: Getty, CVS Health, CVS, CNBC, Aetna, Monday, Glenview Capital, Glenview, UnitedHealth, Humana, Walgreens, Street Health, Oak, Health, Mizuho, Oak Street Health, Amazon, Walmart, Oak Street, Leerink Partners, Affordable, Medicare, CVS Health Corp Locations: Miami , Florida, U.S, Aetna, Caremark, Brooklyn, New York City, Texas and Illinois, Woonsocket , Rhode Island

☆ Wider Middle East conflict threatens the global economy — when the US and China already face headwinds, experts say
▼ + stars: | 2024-10-04 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +6 min

The widening conflict in the Middle East threatens to crimp growth and stoke inflation, experts say. AdvertisementExperts say the escalating war in the Middle East could choke global economic growth and reignite inflation, just as the US is dealing with the aftermath of Hurricane Helene, and China is trying to stabilize its beleaguered economy. "War in the Middle East could exacerbate the instabilities in the global economy, further increase the uncertainties, harm disinflationary efforts, and eventually reduce the global GDP growth," he told Business Insider. AdvertisementKaya warned the conflict could accelerate inflation by disrupting international supply chains and causing the cost of energy and shipping to rise. But he emphasized that hurricanes have historically had limited and short-lived impacts on growth and inflation.

Persons: Helene, —, Hurricane Helene, Ahmet Kaya, Kaya, Brent, Assaf Razin, Eitan Berglas, Oliver Allen, Allen, that's, Duncan Wrigley, China's, Wrigley Organizations: stoke, Service, UK's National Institute of Economic, Social Research, Eitan, of Economics, Tel Aviv University, Pantheon Macroeconomics, Oxford Locations: Hurricane, China, Israel, Iran, Oxford, China China, Beijing

☆ Russia has lost access to CERN in a sign that its war in Ukraine is causing a major scientific brain drain
▼ + stars: | 2024-10-04 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +9 min

CERN is revoking access for 500 Russian scientists over the Ukraine war, cutting them off from key facilities. But experts say the move is a major setback for Russian science, and is fueling brain drain. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Pierre Albouy/ReutersTriggering a Russian brain drainScientific experts, including several with working ties to CERN, spoke about the consequences to Russia and the wider scientific community. Advertisement"The relationship with Russian scientists has always been very strong because they have a very long and very good reputation in particle physics," Grimes said.

Persons: —, Denis Balibouse, Mikhail Kovalchuk, Sidortsov, Vladimir Putin, CERN's, Pierre Albouy, Kate Shaw, Roger Cashmore, Robin Grimes, Putin, Grimes, Lionel Flusin, It's, Arnaud Marsollier, Marsollier, Anja Niedringhaus, Tara Shears, Shaw Organizations: CERN, Service, European Organization for Nuclear Research, Collider, Joint Institute for Nuclear Research, Reuters, Kremlin, TASS, Kurchatov Institute, UK's University of Sussex, London's Imperial College, Foreign, Commonwealth Office, Getty, Novaya Gazeta Europe, Nature, CERN's Globe, UK's University of Liverpool Locations: Ukraine, Geneva, Switzerland, Russia, Belarus, Moscow, Europe, Russian, Soviet, Novaya, CERN's

☆ The influencer middle class is getting squeezed as marketers turn to superstar creators and celebs
▼ + stars: | 2024-10-04 | by ( Dan Whateley | Sydney Bradley | ) www.businessinsider.com time to read: +7 min

Influencer marketers are moving away from campaigns with micro influencers and back to big stars. AdvertisementA few years ago, influencer marketers were ditching their plans to hire celebrity content creators for brand deals in exchange for influencers with smaller audiences. Micro influencers as a category of work dropped from 74% to 62% between 2023 and 2024, while nano influencer work fell from 37% to 28%. One micro influencer, Bethany Everett-Ratcliffe, said she'd felt this impact on her business. Other marketers have reported up to 20% cost increases among micro influencers between 2023 and 2024.

Persons: —, Kim Kardashian, influencers, Linqia, Bethany Everett, Ratcliffe, she'd, Keith Bendes, Bendes, James Nord, Sabrina Carpenter's, Michael Cera's, Olivia McNaughten, Jonathan Chanti Organizations: Service, Blank, Viral, UGC Locations: Linqia, Everett

☆ Leaders from BCG, Infosys, AARP, and more predict how AI will transform top companies in the next 12 months
▼ + stars: | 2024-10-04 | by ( Julia Hood | Tim Paradis | ) www.businessinsider.com time to read: +17 min

During a virtual roundtable, we asked Business Insider's Workforce Innovation board to tell us how AI would transform companies over the next year. How will the most innovative companies be transformed by AI over the next 12 months? Last year, we had an AI challenge across the company, and a huge percentage of our employees participated. There are a lot of different points of view on what AI will and will not do and how quickly. And that the promise we think AI is going to deliver will probably take longer than we think to come to fruition.

Persons: Tim Paradis, Vinod Khosla, Khosla, upskilling, Justina Nixon, Nixon, Saintil, AARP's Marjorie Powell, Powell, Chris Deri, Anant Adya, Marjorie Powell, Alicia Pittman, We've, We're, It's, coder, Maggie Hulce, Salesforce, what's, Chen, we've, Weber, everybody's, Anant, Shane Koller, Tipton Organizations: Sun Microsystems, Weber, IBM, Saintil, Infosys, AARP, Boston Consulting, Clear, Federal Housing Finance, Street Locations: Dreamforce, San Francisco, Tipton

☆ Tech tycoon Mike Lynch died from drowning after his superyacht sank, inquest hears
▼ + stars: | 2024-10-04 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +2 min

British tech tycoon Mike Lynch died from drowning, an inquest heard. Lynch and six others died after the superyacht Bayesian sank off the coast of Sicily in August. Lynch founded software company Autonomy in 1996 and sold it to HP for more than $11 billion in 2011. AdvertisementTech tycoon Mike Lynch died from drowning after the Bayesian superyacht sank off the coast of Porticello, Sicily, an inquest heard on Friday, multiple outlets reported. Lynch, his 18-year-old daughter Hannah, and five others died after the vessel was caught in a heavy storm in August.

Persons: Mike Lynch, Lynch, —, Hannah, Mike Brown, Jonathan Bloomer, Morgan Stanley, Judy, Brown, Jonathan, Judy Bloomer —, Chris Morvillo, Neda —, Recaldo Thomas, Matthew Griffiths, James Cutfield, Tim Parker Eaton Organizations: Autonomy, HP, Service, Tech, Morgan, Morgan Stanley International, Reuters, BBC Locations: Sicily, Porticello, Autonomy

☆ Israel steps up its airstrikes on Beirut as the conflict in the Middle East escalates
▼ + stars: | 2024-10-04 | by ( Hannah Abraham | ) www.businessinsider.com time to read: +4 min

Israel is intensifying strikes on Lebanon in an attempt to dismantle Hezbollah's command. Israel also blocked a major road near Lebanon's Masnaa border crossing with Syria, a report said. AdvertisementIsrael carried out air strikes in the Lebanese capital of Beirut on Friday as it stepped up its efforts to dismantle Hezbollah's leadership. According to The New York Times, citing Israeli officials, Israel targeted Hashem Safieddine, the rumored successor of Hezbollah's assassinated leader, Hassan Nasrallah. Related storiesThere are now growing fears that the conflict could transform into a full-blown war in the Middle East.

Persons: Hashem Safieddine, Hezbollah's, Israel, —, Hassan Nasrallah, Safieddine, Mohammad Rashid Sakafi, Adraee, Avichay Adraee, Joe Biden, Jake Oubina, Piper Sandler Organizations: Service, The New York Times, National News Agency, Israel Defence Forces, The Guardian, Brent, US West Texas, Reuters, Fox Business Locations: Israel, Lebanon, Lebanon's, Syria, Beirut, Beirut's, Gaza, Tehran

☆ My husband is the primary breadwinner, and I stay home with the kids. But our marriage is not 'traditional.'
▼ + stars: | 2024-10-04 | by ( Amber Adrian | ) www.businessinsider.com time to read: +4 min

I have a husband and several children, and from the outside, it definitely looks like a traditional setup. Our family life looks traditional in many ways, but in other ways, it isn'tOur life does align with the "provider/protector" and "nurturer/homemaker" gender roles in some ways, and in some ways, looks traditional on the surface. My husband is the primary earner for our family; he works full-time as an engineer to provide for the expanses of our family. I am the primary caretaker for our kids and work to take care of and run the details of our household. For some years in our marriage, my husband didn't understand — and therefore didn't appreciate — all I contributed.

Persons: it's, I'd, we've, I'm, Amber Adrian, Amber Adrian Another

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