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☆ Some wealthy people lost millions in the FTX collapse. But others say they've lost their entire life savings.
▼ + stars: | 2024-03-16 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +4 min

The memo includes statements from victims who say their lives have been upended by the FTX collapse. 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 . At the time of the collapse, FTX's bankruptcy filings said that the exchange could owe money to about one million creditors. If you lost money in the FTX collapse and would like to share your story, reach reporter Lloyd Lee at (646) 768-1630.

Persons: Sam Bankman, —, Tom Brady, Brady, Axios, Lloyd Lee Organizations: Service, Star NFL, Companies, Sequoia Capital Locations: Africa, FTX, Delaware

☆ Uber and Lyft are threatening to leave Minneapolis over a ride-hailing proposal supporters say would guarantee drivers earn the city's minimum wage
▼ + stars: | 2024-03-13 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +10 min

The conversation around ride-hailing driver pay has been heating up across the country over the past year. AdvertisementLoren Balazs, a full-time driver in Minneapolis, told BI he's worried the city council's proposal would hurt his ride-hailing business. The study estimated that a minimum pay rate of $1.21 per mile and $0.49 per minute would guarantee drivers earned the city's minimum wage. AdvertisementThe debate over minimum pay for ride-hailing drivers has been building in Minneapolis for over a year. Tim Walz vetoed a bill that would have established minimum pay standards for Uber and Lyft drivers.

Persons: —, Erin Hatton, Jacob Frey, Lyft, Lyft haven't, Uber, behemoths wouldn't, aren't, Axios, Alexandrea Ravenelle, Sergio Avedian, Guy, Austin, Avedian, Joe Pierce, he'd, Loren Balazs, Sheri Wegner, they'll, Mayor Frey, Tim Walz Organizations: Service, Business, University at Buffalo, Minneapolis City Council, Minneapolis, New, Seattle, Minnesota, University of North, Star Tribune, Minnesota Gov, Uber, Minneapolis City Locations: Minneapolis, Minneapolis ? Minnesota, New York City , Washington, California, Chicago and Massachusetts, Washington, Seattle, Minneapolis . Washington, Alexandrea, University of North Carolina, Minnesota, Twin Cities

☆ Axios' Dan Primack on TikTok ban: If China doesn't allow ByteDance to divest, then it doesn't happen
▼ + stars: | 2024-03-12 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAxios' Dan Primack on TikTok ban: If China doesn't allow ByteDance to divest, then it doesn't happenDan Primack, Axios business editor, joins 'Squawk Box' to discuss legislation on Congress forcing TikTok parent company ByteDance to divest or face being banned in the U.S., whether the bill can get enough votes to pass both chambers, the impact of a potential ban on investors, and more.

Persons: Dan Primack Locations: China, U.S

☆ Jim Cramer's take on Kohl’s, On Holding, Southwest Airlines, 3M and Paramount Global
▼ + stars: | 2024-03-12 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +2 min

Kohl's : Shares fell about 2% after the department store chain delivered a fourth-quarter earnings beat, but same-store sales declined more than expected. However, "if you own it, keep it," Jim Cramer suggested, referring to Kohl's stock. On Holding : Shares plunged 14% after the buzzy Swiss shoemaker's quarterly earnings missed estimates alongside a slightly softer-than-expected outlook. Paramount Global : Private equity firm Apollo Global Management has reached out to Paramount Global about a possible takeover or asset purchase, Axios reported Tuesday, citing two sources familiar with the matter. "If you're playing this for upside, you've got to remember we do not believe in mergers if we think the fundamentals are not good, and the fundamentals are not good" at Paramount Global, Cramer said.

Persons: Jim Cramer's, Jim Cramer, Cramer, Tom Kingsbury's, Bill Brown, Mike Roman, Roman, Brown, Axios, you've Organizations: CNBC, Club, Burlington Stores, Swiss, Southwest Airlines, Boeing, L3Harris Technologies, 3M, Paramount Global, Private, Apollo Global Management, CBS

☆ The 'special relationship' under pressure: Are Biden and Netanyahu on a collision course over Gaza?
▼ + stars: | 2024-03-08 | by ( Natasha Turak | ) www.cnbc.com time to read: +8 min

US President Joe Biden (L) and Prime Minister Benjamin Netanyahu (R) meet in Tel Aviv, Israel on October 18, 2023. "The relationship [between Biden and Netanyahu] is absolutely terrible." A report by Politico in early February cited unnamed Biden administration officials describing the president calling Netanyahu a "bad f—ng guy." Israeli war cabinet member Benny Gantz (L) meets US Senate Majority Leader Chuck Schumer, Democrat of New York, at the US Capitol on March 05, 2024. Gantz reportedly faced a barrage of harsh questions and critiques from the administration over Israel's handling of the Gaza war.

Persons: Joe Biden, Benjamin Netanyahu, Biden, Israel's, Yasser Qudih, Netanyahu, Hussein Ibish, Benny Gantz, Chuck Schumer, Roberto Schmidt, Axios, Gantz, Donald Trump, Kamala Harris, Mostafa Bassim, Nimrod Novik, Novik, Ashraf Amra, I've, Ibish, Yonatan Freeman, Israel, Freeman Organizations: GPO, Getty Images, Anadolu Agency, Getty, White, Israeli, Biden, Palestinian, United Nations, Israel, Anadolu, West Bank, U.S, Gulf States Institute, CNBC, Politico, Capitol, AFP, Prime, Islamic Center of Detroit, Defense, Israel Policy Forum, Bank, Israel's Hebrew University, Christian Locations: Tel Aviv, Israel, Anadolu, Gaza, Rafah, Gaza's, Washington, New York, Michigan, United States, Palestinian, Gaza City, Jerusalem, U.S, Saudi Arabia

☆ China could flood U.S. electric-vehicle market with its offerings, Energy Secretary Jennifer Granholm warns
▼ + stars: | 2024-03-07 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +1 min

U.S. Energy Secretary Jennifer Granholm speaks to reporters during a press briefing at the White House in Washington, June 22, 2022. China could flood the U.S. electric-vehicle market with its offerings, Energy Secretary Jennifer Granholm warned Wednesday, weeks after President Joe Biden raised similar concerns. China is being perceived as a threat to the U.S. auto industry as U.S. vehicle exports decline and companies such as General Motors cut international operations. "We saw this happen in the solar industry ... there was a flooding of the market," Granholm said. China exported nearly 5 million vehicles in 2023, China Association of Automobile Manufacturers data showed, overtaking Japan to become the world's No.1 country for car exports in 2023.

Persons: Jennifer Granholm, Joe Biden, Granholm, Fitch Organizations: Energy, White, U.S, Motors, China Association of Automobile Manufacturers, EV Locations: Washington, China, U.S, Japan

☆ Mark Cuban says he's not voting for Donald Trump because he doesn't want 'a snake oil salesperson as President'
▼ + stars: | 2024-03-06 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

The billionaire said Trump "will tell you his snake oil will cure everything that ails you." I'm voting for Biden/Harris over Trump all day every day," Cuban told Axios on Tuesday. Cuban told Axios that when it came to Trump and Biden, it was a match-up between "the snake oil salesperson vs the incumbent, traditional politician." Musk mocked Cuban on Monday and said Cuban would vote for Biden even if the president "were a flesh-eating zombie." He can do what he wants," Cuban said when asked about the reported meeting between Musk and Trump.

Persons: Mark Cuban, Joe Biden, Donald Trump, Trump, Biden, Cuban, —, Harris, Axios, Joe Biden's, he'd, Cuban's Biden, Elon, Musk, didn't, Biden's, Tesla, I'm, Andrew Ross Sorkin Organizations: Service, Biden, Trump, Cuban, Bloomberg, Elon Musk, The New York Times DealBook Summit, The Times, Musk, GOP, Republicans Locations: Florida

The Biden administration is relaxing its COVID-19 protocols and resources as the winter wave of the coronavirus appears past its peak and fading. Political Cartoons on Women’s Issues View All 53 ImagesThe developments altogether highlight the dwindling bandwidth the Biden administration lends to COVID-19 as the U.S. enters its fifth year dealing with the coronavirus. Several COVID-19 factors are decreasing in the U.S. – a likely indicator that the winter wave of coronavirus is behind us. Data shows the latest increase in COVID-19 activity was significantly less dangerous than the COVID-19 surges the U.S. saw early in the pandemic. “Despite the high levels of wastewater viral activity, COVID-19 is causing severe disease less frequently than earlier in the pandemic,” the CDC said in a recent update.

Persons: Biden, Joe Biden, – Organizations: Administration, Strategic Preparedness, ., Centers for Disease Control, CDC Locations: U.S, –, COVID

☆ The Juggernaut promised to revolutionize South Asian news. But insiders say the company's founder misled investors, struggled to raise money, and left workers 'heartbroken.'
▼ + stars: | 2024-03-05 | by ( Katie Warren | ) www.businessinsider.com time to read: +33 min

They were gathered for the inaugural summit of The Juggernaut, a digital South Asian news startup that launched in 2019. The Juggernaut spokesperson told BI that "multiple employees have equity in the company," but BI was unable to identify any such employees. "Twenty years ago, you might've struggled to mention a South Asian actor that you've seen in a movie," he said. As of January, the site had about 10,500 subscribers, Sur told investors in an email viewed by BI. Some feel that the publication has strayed from its mission of delivering "untold, smart South Asian stories and news you won't find anywhere else."

Persons: —, Richa Moorjani, Manish Chandra, Anish Melwani, Sadiq Khan, Amitav Ghosh, Roy Rochlin, Jay Bhattacharya, didn't, Sur, Padma Lakshmi, Moorjani, Mira Nair, Oprah Winfrey, she'd, who've, Josh Benson, Bhattacharya, might've, you've, Dev Patel, Priyanka Chopra, Black millennials, Bhattacharya's, Adam Hansmann, Kevin Lin, Albert Ni, Charles Hudson, Steve Jennings, Sur's, Kyle Stanford, Axios, Stanford, Snigdha, Winfrey, MICHAEL TRAN, hadn't, wouldn't, Fariha Róisín, Meghna Rao, Róisín, Rao, Rao didn't, they'd, she's, it's, Hudson, who'd, Reetu Gupta, Aditi Shah, Sean Gupta, Steven Simione, would've, we're, Brian Morrissey, Morrissey, cofounders, Narendra Modi's, Sneha Mehta Organizations: Spring Studios, Netflix, Business, New Yorker, Harvard Business School, Guardian, American, Old Town Media, Athletic, BI, Indian, Yale, McKinsey, Precursor Ventures, Forbes, Getty, TechCrunch, YouTube's Sustainability, YouTube, Paramount Pictures Studios, Immigration Services, Stanford, Digiday, Gannett Locations: York City, chai, Jean's, hasn't, Sur, New York City, South, Asian, India, Madhya Pradesh, Queens, Sur texted, Indian American, AFP, Róisín, Los Angeles , California, South Asia, Silicon

☆ Trump-allied election groups burned through millions with no evidence of widespread fraud
▼ + stars: | 2024-03-05 | by ( Brian Schwartz | ) www.cnbc.com time to read: +8 min

Jonathan Ernst | ReutersThe mission of the Election Integrity Alliance, likewise, was ending election fraud. "The Election Integrity Alliance will unite groups and efforts across the nation focused on combating election fraud," the group's now-defunct website trumpeted in 2021. But Trump never publicly designated the Election Integrity Alliance as the standard bearer for the MAGA universe's election integrity efforts. AFPI also launched an election integrity effort, the Center for Election Integrity, and staffed it with former Trump White House press aide Hogan Gidley and conservative author Ken Blackwell. It even launched its own color-coded election integrity scorecard map, which looks strikingly similar to the one that the Election Integrity Alliance had created for its now-deleted website.

Persons: Donald Trump, Shannon Stapleton, Joe Biden, Trump's, Brad Parscale, Parscale, Trump, Jonathan Ernst, Katrina Pierson, Pierson, Drew Angerer, Tim Dunn, Dunn, Jim Renacci, PCG, Jenna Ellis, Ken Paxton, Bernard Kerik, MAGA, Linda McMahon, Larry Kudlow, Brooke Rollins, AFPI, Hogan Gidley, Ken Blackwell, Cleta Mitchell Organizations: Winthrop Coliseum, South Carolina Republican, Reuters, Trump, Republican Party, CNBC, PAC, U.S, Alliance, Jefferson Rising Fund, Republican, Tower, Getty, hasn't, Partners, American, New York Police, Mar, Policy, Small Business, White, West Wing, Center, Trump White House, Heritage Foundation Locations: Rock Hill , South Carolina, U.S, United States, Manchester , New Hampshire, Texas, New York City, American, Ohio, Israel, New York, Trump, Florida, America, Palm Beach

☆ Founders Fund partner Sam Blond has left the firm
▼ + stars: | 2024-03-04 | by ( Melia Russell | ) www.businessinsider.com time to read: +3 min

Sam Blond has left Founders Fund after 17 months with the firm. Blond's departure from Founders Fund is the second in as many months after Keith Rabois left. AdvertisementSam Blond, the Founders Fund partner who brought sales expertise from his years at Brex and Zenefits, has left the firm, he announced on X. He's the second partner to depart Founders Fund this year after Keith Rabois made a return to Khosla Ventures in January. In 2022, Founders Fund took part in 84 rounds that totaled about $6.6 billion.

Persons: Sam Blond, he's, Keith Rabois, —, I've, Blond, Forbes, Rabois, Axios Organizations: Fund, Service, Founders Fund, Khosla Ventures, Brex, Institutional Locations: Brex

☆ Sam Altman appeared to troll Elon Musk by dredging up a years-old Twitter post
▼ + stars: | 2024-03-04 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Elon Musk filed a lawsuit against Sam Altman and OpenAI last week. AdvertisementSam Altman seemed keen to attract Elon Musk's attention by resurfacing an old conversation with the owner of X. Altman wrote "anytime" next to a salute emoji in the conversation thread, in which he had previously praised Musk and Tesla. Be the person on the side of the climate and innovation, not the person hoping to make money on puts," Altman wrote in 2019. OpenAI was founded by Altman, Musk, CTO Greg Brockman, and several other engineers and scientists as a nonprofit, its website said.

Persons: Elon Musk, Sam Altman, OpenAI, Altman, Musk, —, Elon, Sam, Greg Brockman, Musk's, Jason Kwon, Axios, Kwon, ChatGPT, OpenAI didn't Organizations: Service, Twitter, Tesla, Elon, Microsoft, Bloomberg, Enterprise

☆ Images show Palestinians running toward food parcels attached to parachutes as US airdrops begin on Gaza beach
▼ + stars: | 2024-03-03 | by ( Cameron Manley | ) www.businessinsider.com time to read: +3 min

The White House said this was the first of many airdrops to come. Parachutes with food parcels attached descended into the territory from around 3 p.m. to 5 p.m. local time, US Central Command (CENTCOM) said on its website. AdvertisementWhile humanitarian agencies have criticized the Biden administration for the airdrops, saying they are inadequate, White House spokesperson John Kirby said it was the first of many airdrops to come. AdvertisementJordanian army airdrops humanitarian aid in the northern Gaza Strip. "There's a framework deal," a senior White House official told reporters on Saturday.

Persons: —, CENTCOM, Biden, John Kirby, Kirby, Joe Biden, Abo, Axios, Abed Zagout Organizations: Service, US Central Command, AFP, Getty, Royal Jordanian Air Force, Abo Alkas, White House, Getty Images Locations: Gaza, Cairo, Israel, Anadolu, Gaza City, KHATIB, AFP

☆ It's not just you – stores are cutting back on product variety and how many choices you can make
▼ + stars: | 2024-03-03 | by ( Katie Balevic | ) www.businessinsider.com time to read: +2 min

Stores are cutting back on how many varieties of products they opt to offer. Retailers are shifting to offering customers less variety on products with questionable success and doubling down on bestsellers, instead, Axios reported. Some chains like Macy's and Kohl's are slimming down their in-store product options and offering a wider variety of products online, Axios reported. Some retailers reported that customers didn't seem to mind that slashed products never returned to the shelves, The Wall Street Journal reported. Experts believe the slimmed-down choices could also help reduce stress for shoppers, Axios reported.

Persons: —, Axios, Coke, Cherry, Neil Saunders Organizations: Service, Daily, Business, Street Journal

☆ Talks on an Israel-Hamas ceasefire deal appear on track after killings at Gaza aid site, officials say
▼ + stars: | 2024-03-01 | by ( Alex Marquardt | Mj Lee | ) edition.cnn.com time to read: +4 min

CNN has reached out to several Hamas officials about the potential deal but has not gotten a response. In the immediate aftermath of the deaths of dozens of Palestinian civilians in Gaza on Thursday, US officials said the chaotic scenes injected added urgency into the hostage and ceasefire talks. On Thursday, Biden said the deaths at the aid site could make the ceasefire talks more difficult. Technical teams have been working on the key components of a potential deal this week in Doha, officials familiar with the talks say. During a truce, negotiations would take place over more sensitive topics like the release of Israeli soldiers who are hostages, Palestinian prisoners serving longer sentences, the withdrawal of IDF forces and bringing a permanent end to the war alongside the so-called “day after” issues.

Persons: Ramadan, Joe Biden, “, ” Biden, Giorgia Meloni, Ramadan –, Biden, Majed al, Ansari, ” It’s, Barak Ravid, Sameh Shukri, ” Organizations: CNN, Doha, Italian, Israel, CNN Foreign Affairs, Axios, Antalya Diplomacy, Hamas Locations: Israel, Gaza, Gaza City, Paris, Qatar, Egypt, Rafah, Doha, Antalya, Turkey

☆ Trump used note cards. So did W. Bush and the presidents before him. Should we worry that Biden uses them, too?
▼ + stars: | 2024-03-01 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +6 min

Read previewAt a recent closed-door fundraiser, President Joe Biden had to rely on note cards prepped by his staff to provide donors with detailed answers on his policy. But since the advent of mass communication technology and, as a result, an increasing expectation of US leaders to make public addresses, presidents have long relied on note cards and teleprompters to face their constituents. Even US presidents who had the public reputation of being robust and nimble needed note cards, Kastor said. John F. Kennedy, who was able to keep his medical problems, including persistent back pain, hidden from the public, used note cards. Former President Donald Trump, who is now 77, has received flack for relying on note cards albeit for different reasons.

Persons: —, Joe Biden, Axios, Robert Hur, Calvin Coolidge, of Congress Peter Kastor, Louis, Kastor, John F, Kennedy, Kennedy's, Woodrow Wilson, John Adams, Theodore Roosevelt, Ronald Reagan, Biden, Reagan, …, Barack Obama, Donald Trump, David Frum, George W, Bush's, Bush, Frum, flack, Trump, Chip Somodevilla, attentiveness, Clinton, Obama Organizations: Service, Media, Business, of Congress, Washington University, National Archives, White, Trump Locations: St, Berlin, Germany, Parkland , Florida, W

☆ Oprah has left WeightWatchers, sending stocks spiraling and spelling doom for the diet of our foremothers
▼ + stars: | 2024-02-29 | by ( Mia De Graaf | Rachel Hosie | ) www.businessinsider.com time to read: +7 min

Oprah Winfrey will not seek reelection to the board of WW International, known as WeightWatchers. It was a surprising time to jump on board — WeightWatchers had been shedding users, and its stock price was dwindling. AdvertisementDespite not naming the brand, there was an immediate spike in demand for GLP-1 medications — the popular new class of weight-loss drugs. That same day, WW added a weight-loss drug arm to its business, acquiring Sequence, a service that provides weight-loss drugs. AdvertisementLong-term, WW needs to find a new identityOver time, WW will benefit from being a purveyor of hard-to-access weight-loss drugs.

Persons: Oprah Winfrey, —, Oprah giveth, Oprah taketh, maven, Winfrey, — WeightWatchers, Axios, Oprah, Forbes, Craig, Alex Fuhrman, Winfrey's, We're, Atkins Organizations: WW International, Service, SEC, Guardian, People Magazine, MarketWatch, Mayo Clinic, Business, Smithsonian's National Museum of, CNBC, Slate Locations: GLP, WeightWatchers

☆ US looking into possible airdrops of aid into Gaza, officials say
▼ + stars: | 2024-02-28 | by ( Jennifer Hansler | ) edition.cnn.com time to read: +1 min

CNN —The United States is looking into possible airdrops of aid into Gaza as the humanitarian crisis there deepens and assistance fails to reach the people in the war-torn strip, two US officials told CNN on Wednesday. One US official said the prospect of airdrops is being seriously considered based on the conditions on the ground. Earlier this week, Jordan, Egypt, the UAE, Qatar and France airdropped relief aid on various areas in the Gaza Strip in a sign of how desperate the situation has become. “We are talking to Israeli officials about the need to open up far more crossings, far more passages into Gaza, so that vitally needed humanitarian assistance can be dramatically surged,” Power said. “This is a matter of life and death.”Power met on Wednesday with Prime Minister Benjamin Netanyahu and Israeli Defense Minister Yoav Gallant, one of the US officials told CNN.

Persons: Axios, Samantha Power, ” Power, Benjamin Netanyahu, Yoav Gallant Organizations: CNN, United Nations, US Agency for International, Israeli Locations: United States, Gaza, Jordan, Egypt, UAE, Qatar, France, Israel

☆ A new Biden is on display and he’s trying to be a problem-solver
▼ + stars: | 2024-02-27 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +8 min

CNN —Who is this new Joe Biden we’re seeing, just in time for election season? He’s getting directly involved in government funding, calling congressional leaders down to the White House to negotiate in front of a crackling fire. Talking about a ceasefireFacing a protest vote from pro-Palestinian Democrats in Michigan in Tuesday’s primary, Biden was sharing some optimism on the Middle East. “My hope is by next Monday, we’ll have a ceasefire,” Biden said, a massive cone of mint chip halfway to his mouth. The Democratic divide on the Middle East is a growing political issue at home for Biden.

Persons: Joe Biden we’re, Donald Trump’s, He’s, Biden, we’ll, ” Biden, Seth Meyers, uncommitted ”, Trump President Joe Biden, ”, Trump, “, Melania, Mercedes, Kamala Harris, Mike Johnson, Johnson, Joe Biden, Evan Vucci, Meyers, He’ll, Jennifer Agiesta, there’s, Barak Ravid, Axios, Wolf Blitzer, Ravid, ” Ravid, “ I’m, Joe Biden’s, Alabas, –, ” Farhat, CNN’s Boris Sanchez, Melanie Zanona Organizations: CNN, Palestinian Democrats, Democratic, Biden, Arab, voters, Michigan, Trump President, Republican, Gallup, Republicans, Democrats, White, Capitol, Trump Locations: New York, Michigan, Manhattan, Israel, Ukraine, Brownsville , Texas, Eagle, , Texas, Gaza, Arab

☆ GOP politicians are saying they've always cared about IVF. Bills they've supported indicate otherwise.
▼ + stars: | 2024-02-27 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +7 min

Republicans are rallying around IVF access after a controversial Alabama Supreme Court ruling. The issue has been further fueled by a House bill to recognize human life at fertilization. Democratic candidate Elissa Slotkin, who is running against Rogers for Senate, pointed out that Rogers has co-sponsored four bills with similar language to the House bill while in Congress. President Joe Biden's campaign and Vice President Kamala Harris have also lobbed criticism regarding the Alabama Supreme Court decision, specifically calling out Trump. What’s happening in Alabama is a direct result of Donald Trump’s Supreme Court overturning Roe v. Wade.

Persons: —, Michelle Steel, Steel, Ashley Hinson, — Ashley Hinson, Hinson, Nancy Mace, @RepNancyMace, Mace, Axios, Mike Rogers, Elissa Slotkin, Rogers, Slotkin, Mike, Jim Jordan, don’t, jg0tf0scGV — Elissa Slotkin, Donald Trump, Karoline Leavitt, Joe Biden's, Kamala Harris, Trump, Harris, Donald Trump's, Roe, Wade, Donald Trump’s, CWOZ1IWpY3 — Kamala Harris, Crooked Joe Biden, Steven Cheung, Biden, Dobbs, Amy Coney Barrett, Brett Kavanaugh, Neil Gorsuch — Organizations: Service, The Alabama, GOP, —, 125, Republicans, Steel, Business Insider, South Carolina Rep, Democratic, Rogers, Senate, Alabama, ABC, Jackson, Health Organization Locations: Alabama, California, Michigan, @KamalaHarris

☆ Only about 1 in 20 young voters said Taylor Swift's endorsement might sway their 2024 vote: poll
▼ + stars: | 2024-02-27 | by ( Madison Hall | ) www.businessinsider.com time to read: +1 min

Pop star Taylor Swift has been at the center of political discussion in recent months. A recent survey found that Swift's endorsement would sway about 1 in 20 votes from young adults. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementPoliticians and pundits have debated in recent weeks just how much pop star Taylor Swift's endorsement could play in the 2024 presidential election. A recent poll, however, found her endorsement may not be as impactful as some may have thought.

Persons: Taylor Swift, Trump, Biden, —, Taylor, Swift Organizations: Service, Business

☆ A third of young voters said they wouldn't want to be friends with someone who voted for a different presidential candidate: poll
▼ + stars: | 2024-02-27 | by ( Madison Hall | ) www.businessinsider.com time to read: +1 min

A third of respondents in a recent poll said they can't even be friends with rival party supporters. A similar poll in 2016 found that 7% of voters reported friendships ending because of the election. 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 . AdvertisementAs the 2024 presidential election quickly approaches, a large number of young adults say they're unwilling to be friends with someone voting for the presidential candidate of the opposing political party.

Persons: —, Donald Trump, Joe Biden Organizations: US, Service, Republican, Democratic, Business

☆ Elon Musk's problems keep piling up as Tesla's value slides $188 billion this year
▼ + stars: | 2024-02-24 | by ( George Glover | ) www.businessinsider.com time to read: +6 min

The world's richest person has faced problems at Tesla, SpaceX and X, ranging from a tanking Tesla valuation to an X advertiser exodus. Tesla's stock slide has erased about $188 billion from its valuation this year, according to Business Insider's calculations. The stock closed at just under $192, leaving it worth just over $600 billion at the close of trading Friday. Before you start feeling too sorry for Musk, though, he's still worth $208 billion. Justin Sullivan/Getty ImagesDelaware pay rulingTo add insult to injury, a Delaware judge also ruled against Musk's $55 billion Tesla pay package last month.

Persons: —, Elon Musk, Tesla, Seth Goldstein, Morningstar, Roth, Craig Irwin, Warren Buffett's Berkshire Hathaway, Eli Lilly, he's, He's, Elon, Justin Sullivan, Musk, rkbH7mKNw2, Fidelity, Axios, Starlink, Russia's Organizations: Service, Elon, SpaceX, Business, Big Tech, Microsoft, Apple, Nvidia, Meta, Tesla, EV, Bloomberg, Wall, Getty Images Delaware, Musk's, Lone Star, Twitter, Insider Intelligence, X Locations: Delaware, Tesla, Texas, Ukrainian, Chernihiv, Ukraine, Kyiv, Houston

☆ 125 House Republicans — including Speaker Mike Johnson — back a 'life at conception' bill without any IVF exception
▼ + stars: | 2024-02-23 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +5 min

IVF treatments have been halted in Alabama after a ruling declared frozen embryos to be human life. Most House Republicans back a bill making a similar argument — with no IVF exception. Most House Republicans have cosponsored a bill declaring that life begins from the moment of conception, a position under increased scrutiny after the Alabama Supreme Court ruled that frozen embryos are "unborn children." This Congress, 125 House Republicans — including Speaker Mike Johnson — have cosponsored the "Life at Conception Act," which states that the term "human being" includes "all stages of life, including the moment of fertilization, cloning, or other moment at which an individual member of the human species comes into being." AdvertisementSome House Republicans in swing seats who have previously cosponsored the Life at Conception Act have done the same, including current cosponsor Reps. Michelle Steel of California and past cosponsor David Schweikert of Arizona.

Persons: Mike Johnson —, Republican Sen, Rand Paul of Kentucky, Alexander Mooney, Johnson, Michelle Steel, cosponsor David Schweikert, David Schweikert, Courtney Rice, Nancy Mace, Axios Organizations: Republicans, Alabama, Conception, Republican, GOP, —, Democratic Congressional, PAC, House Democrats, Democratic Locations: Alabama, California, Arizona, South Carolina

☆ The Tooth Fairy Is Getting Out of Control
▼ + stars: | 2024-02-23 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +2 min

But when I read in Axios that the going rate per tooth from the Tooth Fairy is $5.84, well, I nearly choked on my Werther's Original. Frankly, the Tooth Fairy price is too damn high. AdvertisementThe Tooth Fairy's going rate is $5.84 a tooth, according to a Delta Dental report. These parents are following a trend of doing big celebrations for not just milestones like Sweet 16s or graduations, but "inchstones" like a lost tooth. AdvertisementMy son did mention to me that he had heard that other kids got $20 from the Tooth Fairy, which I sort of brushed off.

Persons: —, Fred Durst, Louis Vuitton, he's Organizations: Service, Delta Dental, Street Journal, New York

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