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☆ Woman files wrongful death lawsuit against Mexican resort travel companies after husband was electrocuted in hot tub
▼ + stars: | 2024-06-21 | by ( Emma Tucker | ) edition.cnn.com time to read: +4 min

CNN —A Texas woman has filed a wrongful-death lawsuit against two Mexican resort travel companies, seeking more than $1 million, after her husband was electrocuted in a resort hot tub earlier this month. The couple were on vacation at the resort on June 11 when they decided to spend time in the hot tub, the lawsuit said. “However, the metal from the objects carried the electrical current and began shocking the rescuers.”The lawsuit names vacation rental companies Casago, LLC, Casago International, LLC and High Desert Travel, Inc. as defendants. It is not clear how or if Casago, LLC is connected to Casago International LLC. Corporate records also show Casago LLC and High Desert Travel share the same telephone number.

Persons: CNN —, Lizzette Zambrano, Jorge Guillen, “, ” Zambrano, ABC’s, Guillen, “ Jorge, … ” Zambrano, Jorge, ”, Zambrano, El Paso County Judge Francisco X, Dominguez, Tej Paranjpe, ” “ Organizations: CNN, America, Casago, Inc, ABC, Travel, El, El Paso County Judge Locations: Texas, El Paso County , Texas, Sonoran, Sonora, Mexico, Arizona, El Paso County

☆ Lilly King gets engaged immediately after her race at the US Olympic swimming trials
▼ + stars: | 2024-06-21 | by ( Amy Woodyatt | ) edition.cnn.com time to read: +1 min

CNN —Swimmer Lilly King might be aiming for Olympic glory next month, but she got at least one of her rings early after her longtime boyfriend proposed to her following her race at the US Olympic trials. After coming second in the 200m breaststroke final in Indianapolis on Thursday, the double Olympic gold medallist was greeted by boyfriend James Wells on the pool deck. King had already qualified for her third Summer Games by winning the 100m breaststroke final on Monday. After winning gold in the women’s 100m breaststroke at Rio 2016, King was part of the US team to claim gold in the women’s 4x100m medley relay at the same Games. She won the 100m breaststroke world title in world record time a year later at the 2019 World Championships, and helped the US break the 4x100m medley relay world record.

Persons: Lilly, James Wells, ” King, Wells, “, ” Wells, King Organizations: CNN, NBC, Rio, Tokyo Locations: Indianapolis

☆ Putin signs deals with Vietnam in bid to shore up ties in Asia to offset Moscow’s growing isolation
▼ + stars: | 2024-06-21 | by ( ) www.cnbc.com time to read: +8 min

Russia and Vietnam pledged on June 20, 2024 to deepen ties as President Vladimir Putin made a state visit aimed at bolstering his alliances to counter Moscow's growing isolation over the war in Ukraine. Putin and President To Lam agreed to further cooperate in education, science and technology, oil and gas exploration and clean energy. The two countries also agreed to work on a roadmap for a nuclear science and technology center in Vietnam. In Hanoi, Putin also met Vietnam’s most powerful politician, Communist Party General Secretary Nguyen Phu Trong, and Prime Minister Pham Minh Chinh, according to the official Vietnam News Agency. Putin drove to Vietnam’s Presidential Palace on Thursday afternoon, where he was greeted by school children waving Russian and Vietnamese flags.

Persons: Vladimir Putin, Lam, Gavriil Grigorov, Putin, ” Lam, “, Kim Jong, Nigel Gould, Davies, ”, Nguyen Khac Giang, Giang, Nguyen Phu Trong, Pham Minh Chinh, Putin’s, Ridzwan Rahmat, Janes, ” Rahmat, Prashanth, Wilson, Vladimir Lenin, Trong, Nhan Dan, Joe Biden, Xi Jinping, Gould, they’ve, he’s, Parameswaran Organizations: Sputnik, Hanoi Opera, Afp, Getty, North, International Institute for Strategic Studies, Singapore’s, Yusof, Institute, Communist Party General, Vietnam News Agency, Criminal, Kremlin, U.S, Embassy, Security, NATO, Asia, Communist Party’s, Vietnam’s Communist Party Locations: Russian, Hanoi, Russia, Vietnam, Ukraine, Moscow, Asia, Pacific, Eurasia, London, British, Belarus, China, North Korea, U.S, Hague, Korea, Singapore, Soviet Union, Soviet, trickier, Washington

☆ 2028 L.A. Olympics unveil venue plan: Swimming in SoFi, softball in Oklahoma City
▼ + stars: | 2024-06-21 | by ( Lauren Merola | Mark Cooper | ) www.nytimes.com time to read: +5 min

Organizers for the 2028 Los Angeles Olympics plan to hold swimming in the home of the NFL’s Rams and Chargers — and softball and canoe slalom in Oklahoma. That’s according to an amended venue plan unveiled Friday by LA28, the 2028 Games’ organizing committee. It will be the largest swimming venue in Games history, per LA28, with 38,000 seats. LA28 organizers faced one complication with the SoFi swimming plan, however: The stadium is also set to be part of the Games’ opening ceremonies. The venue plan adjustments are in part due to new arenas that have become available for use and a previously assigned venue that became unavailable, LA28 said.

Persons: LA28, Katie Ledecky, “, ” Ledecky, Sarah Stier, Casey Wasserman, Brian Bahr, David Holt, ” Holt, ” Wasserman, Qian Weizhong Organizations: Olympics, NFL’s Rams, Chargers, Olympic Committee, SoFi, Lucas Oil, NFL, Olympic, New York Times, Athletics, Oklahoma City, USA Softball, International, Devon Park, Women’s, OGE Energy, Getty, IOC, Hollywood, Crypto.com Arena, Lakers, Kings, Sparks, Intuit, LA Clippers, USC’s Locations: Oklahoma, Inglewood , Calif, U.S, Indianapolis, Indianapolis , Indiana, Oklahoma City, Los Angeles, Devon, Okla, Paris, Lille, Tahiti, Long Beach, Calif, Exposition, Temecula , Calif, Sepulveda, L.A, Fernando Valley, Tokyo

☆ ‘It’s frightening:’ How social media distorts the truth about sun exposure
▼ + stars: | 2024-06-21 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +9 min

“Stop wearing sunscreen,” says a TikTok influencer with 1.6 million followers and 36 million likes. “The sun does not cause skin cancer,” insists a TikTok pundit with 76,000 followers in a post that has been bookmarked nearly 4,000 times. “Vitamin D can still be generated when you’re wearing sunscreen,” Andrews said. “Since sunscreen came out, the rise of skin cancer has only gone up and up,” says one TikTok influencer. So the driving force is exposure years and years ago, not the increased use of sunscreen today.”Many social media posters use a nugget of truth and then twist it, experts say.

Persons: ”, I’ll, It’s, Kathleen Suozzi, “ It’s, ” Suozzi, “ You’ll, you’ll, Gen, David Andrews, ” Andrews, today’s, Kelly Olino, we’d, ’, Connie Chen, CNN That’s, ” Olino, “, Suozzi, Andrews, overexposure, it’s, dermatologists, That’s, influencer, you’d, ” EWG’s Andrews Organizations: CNN, Skin Cancer Foundation, Yale School of Medicine, US Centers for Disease Control, Environmental, Yale Cancer Center, Social Locations: New Haven , Connecticut, melanomas

☆ AI could become a lawyer's greatest help in the courtroom
▼ + stars: | 2024-06-20 | by ( Matthew S. Smith | ) www.businessinsider.com time to read: +8 min

Courtesy of Danielle BeneckeA lawyer's copilotFounded in 1949, Baker McKenzie has over 6,500 lawyers working in 70 offices worldwide. The firm's work building generative AI to produce legal draft advice for high-volume employment-law questions recently won an award from Law.com. Courtesy of Jake HellerAI won't replace lawyersThere's another fear likely to push lawyers toward AI: other lawyers. Lawyers might also turn to AI to address a force meant to tame AI: regulation. "I think in three to five years, not using AI for legal work will be tantamount to refusing to use online search for legal work today," Ziniti said.

Persons: Michael Cohen, Donald Trump, Cohen, isn't, Danielle Benecke, Baker McKenzie, Benecke, Cecilia Ziniti, It's, copilot, Ziniti, Cecilia Ziniti Ziniti, CoCounsel, CoCounsel isn't, Jake Heller, Thomson, Heller, they'd, it's Organizations: Google, Law.com, Federal Trade Commission, Microsoft, AI's, IBM, CoCounsel, Thomson Reuters, Times, American Bar Association

☆ Israeli military official says Hamas cannot be destroyed, as rift with Netanyahu widens
▼ + stars: | 2024-06-20 | by ( Christian Edwards | Tamar Michaelis | ) edition.cnn.com time to read: +5 min

Hagari’s comments prompted a terse response from Netanyahu’s office, which said Israel’s security cabinet “has defined the destruction of Hamas’ military and governing capabilities” as one of the aims of its war in Gaza. Palestinians inspect damage after an Israeli strike on the Nuseirat camp in central Gaza, June 9, 2024. Shaul Golan/Pool/ReutersHagari’s comments sparked the latest in a growing series of public disagreements between Israel’s government and military. Last weekend, the IDF announced a daily “tactical pause” of military activity along a route in southern Gaza to allow aid to be distributed – a decision that rankled Netanyahu, an Israeli official told CNN. The IDF’s decision to implement tactical pauses also drew fierce criticism from the increasingly rancorous far-right wing of Netanyahu’s coalition.

Persons: CNN —, Benjamin Netanyahu, “, Read, Daniel Hagari, Hagari’s, Hagari, Netanyahu, Eyad Baba, ” Hagari, David Mencer, ’, Mencer, Netanayhu, –, Shaul Golan, rankled Netanyahu, Itamar Ben, Gvir, ”, Yoav Gallant Organizations: CNN, Israel Defense Forces, Israel’s, IDF, Getty, Kan, National, Israeli Locations: Gaza, United States, Israel, AFP, Hamas, Givatayim, Rafah

☆ How the ‘song of the summer’ became a cultural phenomenon
▼ + stars: | 2024-06-20 | by ( Harmeet Kaur | ) edition.cnn.com time to read: +12 min

And in an age where social media and streaming platforms have fragmented the cultural landscape, does the song of the summer even exist anymore? “It’s not like people were walking around in 1925 and saying, ‘You think that’s the summer song this year? New York Magazine’s 1995 Summer Fun issue devoted an article to examining the summer song as a unifying force — per the magazine, a summer song should be 1) released in the summer, 2) uncomplicated and 3) unforgettable. MTV’s Video Music Awards introduced a song of summer category in 2013, with One Direction’s “Best Song Ever” nabbing the inaugural award. Even as the song of the summer has become increasingly debatable, the idea that a single song could encapsulate a given summer continues to have a hold over our culture.

Persons: David Hajdu, “, ”, Hajdu, Phil Edwards, George Gershwin's, George Gershwin’s, Harry James ’, “ It’s, that’s, ’ ” Hajdu, Young, ’, ” Hajdu, Michael Ochs, Martha, Lovin, Sly, Stone, Robert Thompson, Ann Powers, Ricky Martin's, Frank Micelotta, ” Thompson, Thompson, gatekeepers, Vulture, Rolling Stone, It’s, Jason Lipshutz, Morgan, SZA, Armando L, Sanchez, Morgan Wallen’s “, Lipshutz, Miley Cyrus, Kylie Minogue, — Organizations: CNN, Day, Labor, Vox, Washington Post, Billboard, Beach Boys, Michael Ochs Archives, Vandellas, . Radio, Bleier Center for Television, Culture, Syracuse University . New, Bills, Backstreet Boys, Nielsen, American, Rolling, Social, Chicago Tribune, Tribune, Service Locations: America, Washington, Syracuse University . New York, “

☆ Summer as a divorced parent goes too fast. I much prefer the school year when I see my kids more.
▼ + stars: | 2024-06-20 | by ( Isobella Jade | ) www.businessinsider.com time to read: +4 min

One thing I didn't expect as a divorced parent is how different summer would be. The everlasting days of summer feel rushed and hurried now and then feel too long when my kids aren't with me. My kids are 11 and 9 years old, and they alternate between homes week to week during the school year. During the school year, I could visit my kids for lunch or visit them while cheering for soccer or basketball games on weekends. Before we know it, I'll ask my kids what they want to wear on the first day of school.

Persons: I'd, there's, I've Organizations: Service, Business, Astros Locations: Virginia

☆ Pence’s ordeal isn’t deterring Trump’s potential ticket mates
▼ + stars: | 2024-06-20 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

Former Vice President Mike Pence at the US Capitol on May 16, 2024. This despite history suggesting that, at some point in their potential mandate, a possible President Trump might ask them to so something that tests their consciences, the law or the Constitution. The attractiveness of the vice presidential nomination may reflect Trump’s magnetism and the heady euphoria of being a key player in the “Make America Great Again” movement. He has also made clear to Trump that he wouldn’t have adopted Pence’s interpretation of the constitutional limits on vice presidential powers. Burgum has taken a classic route of parlaying an unsuccessful presidential campaign into a spot in the vice presidential derby.

Persons: Donald Trump’s, didn’t, Mike Pence, Ohio Sen, J.D, Doug Burgum, Florida Sen, Marco Rubio, Marco Rubio , South Carolina Sen, Tim Scott, Elise Stefanik, Arkansas Sen, Tom Cotton, Byron Donalds, Ben Carson, Trump, he’s, Pence, Kent Nishimura, —, there’s, MAGA, Vance, MAGA protégé, ”, Sen, Jeff Kowalsky, he’d, CNN’s Kaitlan Collins, wasn’t, Joe Biden’s, “ I’m, Mike Pence’s, ” Vance, wouldn’t, Rubio, Burgum, Justin Lane, Biden, Trump’s, “, who’s, you’re, Jim Watson, can’t, Kristi Noem, Noem Organizations: CNN, GOP, Republican National Convention, Vance , North Dakota Gov, Tim Scott , New York, Florida Rep, Urban, Capitol, Republican, Trump, Republicans, West Wing, Fox News, Getty, The Ohio Republican, Electoral College, ABC News, North, North Dakota Gov, New, Press, Dakota Gov, ”, South Locations: Vance , North, Florida, Marco Rubio , South Carolina, Tim Scott ,, Arkansas, Huntington, Detroit , Michigan, AFP, Pennsylvania, Georgia, “, parlaying, Indiana, North Dakota, boardrooms, New York City, New York, Washington, West Palm Beach , Florida, “ State, Wisconsin, South Dakota

CNN —Allegations that three boys gang-raped a 12-year-old Jewish girl in northern France have triggered an outcry over surging antisemitism in the country, a key issue in the looming French parliamentary elections this month. The Nanterre prosecutor’s office announced Wednesday that it has launched an inquiry into the alleged “aggravated rape” of a minor, after receiving “reports from a 12-year-old girl” of the incident on June 15. The third boy has been placed under “assisted witness” status in relation to the alleged rape, the prosecutor added. The alleged attack took place as the girl tried to return home after meeting a friend. Protesters carried placards with slogans such as “Raped at 12 because she was Jewish,” and “Anti-Semitism is not residual,” and listened to speeches from Jewish rights activists in attendance.

Persons: Emmanual Macron, “, BFMTV, Gerald Darmanin, Jordan Bardella, ” Bardella, Pen, Emmanuel Macron, André, Gabriel Attal, Jean, Luc Melenchon, ” Attal, ” Melenchon Organizations: CNN, French, Senate, National Rally, Getty, TF1, BFMTV, Conseil, juives de Locations: France, Nanterre, Gaza, Elysee, Paris, Israel, Paris’s, juives, juives de France

☆ More than half of banking jobs could be automated by AI — but banks will be slow to adopt, Citi report says
▼ + stars: | 2024-06-19 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +3 min

But, according to a new report from Citigroup researchers, "finance will be at the forefront of the changes." That means "banking jobs" (which the report didn't narrowly define) have the highest potential for AI-led job displacement. Citi's AI in FInance report. AdvertisementIn an interview featured in the report, Shameek Kundu, the head of financial services and chief strategy officer at TruEra, weighed in on the same point. "I would describe traditional AI adoption in financial services as: widespread, shallow, and inconsequential," said Kundu.

Persons: —, Shameek Kundu, Kundu Organizations: Service, Citigroup, Business, Accenture Research, Economic, Citi, FInance, of England

☆ Tiger Woods: PGA Tour creates special exemption for US golfer to play in events for ‘lifetime achievement’
▼ + stars: | 2024-06-19 | by ( Ben Morse | ) edition.cnn.com time to read: +2 min

CNN —The PGA Tour announced on Tuesday it had created a special exemption for Tiger Woods alone, allowing for qualification to certain events on its schedule. The 15-time major champion is tied for the most ever PGA Tour victories with Sam Snead. The eight ‘Signature Events’ on the PGA Tour are the marquee tournaments on the tour’s schedule, boasting increased prize money and more FedExCup points up for grabs. The 48-year-old has played in only four tournaments this year: The Genesis Invitational and the three majors. The other change which the PGA Tour announced on Tuesday was that all ‘Signature Events’ would have a minimum field of 72 players.

Persons: Tiger Woods, ’ Woods, Sam Snead, Woods, Arnold Palmer Organizations: CNN, PGA, Tiger, PGA Tour’s, Enterprises Boards, Arnold Palmer Invitational, RBC Heritage, Wells, Travelers, Masters Locations: Hartford , Connecticut, Wells Fargo

☆ Putin and Kim Jong Un's relationship is a marriage of convenience: Here's how it works
▼ + stars: | 2024-06-19 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +7 min

In this pool photograph distributed by the Russian state agency Sputnik, North Korea's leader Kim Jong Un (R) and Russian President Vladimir Putin meet in Pyongyang, early on June 19, 2024. What can North Korea get from Putin? In return, Russia is likely providing North Korea with food, fuel and military technology for its satellites and submarines, analysts say. Russian President Vladimir Putin is arriving to North Korea with a two-day visit. As such, North Korea offers Russia another source of military hardware.

Persons: Kim Jong Un, Vladimir Putin, Anthony Wallace, Vladimir Putin's, Kim Jong, Putin, KCNA, Kim, Putin's, —, Gavriil Grigorov, Rodger Baker, James Brady, Victor Cha, Pyongyang's, Putinon, Brady, Cha, Putin hasn't Organizations: Pyongyang Sunan International Airport, Afp, Getty, North, Sputnik, Applied, CNBC, North Koreans, Putin, . Workers, Center for Strategic, International Studies Locations: Pyongyang, Seoul, Korean, North Korea, Russia, North, Koreans, Russian, Ukrainian, Moscow, Ukraine, Korea, China, USSR

☆ Analysis: What Putin got from his North Korea visit
▼ + stars: | 2024-06-19 | by ( Clare Sebastian | ) edition.cnn.com time to read: +5 min

CNN —Vladmir Putin’s first visit to North Korea in nearly a quarter of a century has been intensely scrutinized around the world. If this is a collective defense pact, does Russia’s nuclear deterrent now extend to North Korea’s and vice versa? “But definitely I would say this clause is very alarming.”Russia's President Vladimir Putin was given a rapturous welcome in Pyongyang. “The West admits terrible concern around Putin’s visit to North Korea” read the headline in Moskovsky Komsomolets, a national daily newspaper Tuesday. Russia also needs weapons to keep up its strategy of exhausting and destroying Ukraine into surrender.

Persons: Vladmir, Putin, Kim Il, ”, “, ” Putin, Korea’s, Kim, Jo Bee, yun, Vladimir Putin, Vladimir Smirnov, North Korea ”, Vladimir Solovyov, Kim Jong Organizations: CNN, International Criminal Court, Kremlin, Korea Institute for Defense, UN, Kim Jong UN Locations: North Korea, Russia, Ukraine, Pyongyang, China, United States, North, Moscow, Komsomolets

☆ My family's been on over 30 cruises. I hate upcharges, but these 6 things are actually worth paying extra for.
▼ + stars: | 2024-06-19 | by ( Amanda Adler | ) www.businessinsider.com time to read: +6 min

Things like Broadway-style shows, multicourse meals, buffets, pool access, and onboard activities are built into the price of a typical sailing. I'm also willing to pay a little more to select a cabin far away from elevators and loud entertainment venues. Room service offers a level of convenience that makes the delivery fee palatableAlthough some room service options remain complimentary, many now come with an extra fee. However, room service often comes with an additional fee. AdvertisementNonetheless, I'm happy to spend extra on premium cocktails, wine-tasting sessions with the onboard sommelier, and other unique drink experiences.

Persons: —, who's, I've, I'm, Amanda Adler, Amanda Adler I'm Organizations: Service, Forbes, Business, Disney Locations: Havana, Norwegian, Alaska, Italy

☆ Paris Olympics: Triathlon events hang in the balance over E. Coli levels in the Seine
▼ + stars: | 2024-06-18 | by ( Billy Stockwell | ) edition.cnn.com time to read: +12 min

Fluidion’s testing has found that, on average, E. Coli levels in the Siene between early April and late May were just under 3400 MPN/100mL. The highest E. Coli levels recorded by Fluidion were 23590 MPN/100mL on May 2 and 13090 MPN/100mL on May 30, according to Angelescu. But if poor water quality persisted, the triathlon would have to be downgraded to a duathlon with no swimming, the organization confirmed. Angelescu said that “significant infrastructure projects” by the city of Paris designed to improve water quality will have a “substantial” impact. Triathlon athletes swim in the Seine river during the men's 2023 World Triathlon Olympic Games test event in Paris on August 18, 2023.

Persons: Pont Alexandre III, –, Jeanne Lehair, Dan Angelescu, Tim Clayton, Corbis, Fluidion, Angelescu, ”, Bertrand Guay, “, Anne Hidalgo, Stephane De Sakutin, Mike Cavendish, ” Cavendish, Probiotic, Cavenish, Phil Dunne, dietitians, Tim Harradine, ” Harradine, Emmanuel Dunand, “ It’s, Cavendish, Harradine, Bea Adeleke Organizations: CNN, Palais, Pont, Eiffel, Triathlon, Games, Getty, Surfrider Foundation, “, ”, Paris, British Triathlon, ’, Olympics Locations: Seine, Paris, France, French, AFP, Pont Alexandre, Austerlitz, Luxembourg, Oxford, Cambridge, Rio de, Guanabara, Lehair, ”

Dara Treseder, CMO, AutodeskAutodeskSince joining Autodesk in 2022, Treseder has been instrumental in driving brand awareness for the design industry software company, boosting new business, and increasing customer satisfaction scores. Her efforts have helped Autodesk exceed its marketing-contributed pipeline targets by 41% and increase campaign conversion rates by 30%, the company said. In 2023, Treseder led five attention-grabbing brand activations that reached 178 million people, improved brand reach by 4%, and boosted web traffic referrals from social media by 44%. Treseder has also been shepherding the launch of Autodesk's generative AI 3D-modeling technology. Treseder has been particularly successful in driving growth for Autodesk's education business, with users increasing by 20 million since she joined the company.

Persons: Dara Treseder, Treseder, That's Organizations: Autodesk Autodesk, Autodesk, Marvel, New York Times, Design, Howard University, Public Health Institute, Autodesk Foundation Locations: Las Vegas, South Africa

☆ A Korean Secret to Keeping Friendships Strong: Savings Groups
▼ + stars: | 2024-06-18 | by ( Krissi Driver | ) www.nytimes.com time to read: 1 min

Last fall, Jina Kim and two of her friends splurged on a two-night stay at the Ananti at Busan Cove, a luxury resort in Busan, South Korea. The resort, where rooms start at $369 a night, features infinity pools, spas, eight restaurants, a private coastal walk and beach area, and a 4,600-meter “Water House” — an indoor pool and sauna fed by natural hot-spring water. “We just spent the whole day in the resort hotel, swimming, eating and drinking,” said Ms. Kim, a 32-year-old former teacher who is now a stay-at-home mother. Ms. Kim and her friends weren’t worried about how they would pay for the trip because they had spent over a decade saving in a “gyemoim,” a Korean term for people who form financial planning groups to save money for future expenses.

Persons: Jina Kim, splurged, ”, Kim, weren’t Locations: Busan, South Korea, ”

☆ CNBC Daily Open: Boeing's 'moment of reckoning'
▼ + stars: | 2024-06-18 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Immigrants, jobs and inflationImmigration has helped the U.S. job market sustain a strong run in recent months without reigniting inflation, economists and analysts say. This dynamic — a hot job market and cooling inflation — is in part the result of increased inflows of immigrants. The conglomerate sold 1.3 million shares for $39.8 million, reducing its holding to 6.9%. [PRO] S&P 500 to hit 6,000Evercore ISI predicts the stock market will soar to unprecedented heights, setting a new year-end target for the S&P 500 at a record 6,000.

Persons: Neel Kashkari, CNBC's Rebecca Picciotto, Ryan Cohen, Keith Gill, Matthew Bartolini, Berkshire Hathaway, Charlie Munger, Tesla Organizations: CNBC, Microsoft, Apple, Nasdaq, Dow Jones, Minneapolis Federal, GameStop, Fund, Nvidia, SPDR Locations: U.S, SPDR Americas, Berkshire, BYD

☆ Brooke Shields wears yellow Crocs on the Tony Awards’ red carpet
▼ + stars: | 2024-06-18 | by ( Christy Choi | ) edition.cnn.com time to read: +4 min

CNN —Many celebrities will be well-versed in the power of the statement heel to complete a red carpet look, but at the Tony Awards on Sunday night in New York, Brooke Shields stole the spotlight in a statement flat. Even as far back as 2015, actor Alan Cumming sported Crocs to the Emmys with his Vivienne Westwood ensemble. Founded in Boulder, Colorado by three friends in 2002, Crocs were an immediate success when they first hit the market. Alan Cumming attends the 67th Primetime Emmy Awards in a Vivienne Westwood suit and black Crocs. These efforts may be paying off: Crocs reported a record year of earnings in 2023, with total revenue reaching nearly $4 billion dollars.

Persons: Brooke Shields, Monique Lhuillier, “ I’ve, ”, Shields, Calvin Klein, “, Questlove, Chris Pizzello, Justin Bieber, Drew, Alan Cumming, Vivienne Westwood, Crocs, Jason Merritt, Bad Bunny, Balenciaga that’s Organizations: CNN, Associated Press, Broadway, CBS, Getty, Puerto Locations: New York, Chicago, Boulder , Colorado, Puerto Rican

☆ Malaysia is emerging as a data center powerhouse amid booming demand from AI
▼ + stars: | 2024-06-17 | by ( Dylan Butts | ) www.cnbc.com time to read: +4 min

Over the past few years, the country has attracted billions of dollars in data center investments, including from tech giants like Google , Nvidia and Microsoft . Data center capacity is typically measured by the amount of electricity it consumes. Until then, Japan followed by Singapore currently lead the region in terms of live data center capacity. The index did not provide a detailed breakdown of data center capacity in China. Kenanga Investment Bank Research estimates that potential electricity demand from data centers in Malaysia will hit a total maximum demand of 5 GW by 2035.

Persons: James Murphy, APAC, Murphy, Byte's Murphy, it's Organizations: Luza, Getty, Malaysia, Google, Nvidia, Microsoft, DC, Authorities, Kenanga Investment Bank Research, Tenaga Nasional Berhad Locations: Southeast Asia, Johor Bahru, Singapore, Asia, Malaysia, Japan, India, China, Hong Kong, Malaysian

☆ Plummeting fertility rates are making Asian countries worry about running out of soldiers
▼ + stars: | 2024-06-17 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +5 min

Read previewEast Asia has some of the world's lowest fertility rates, forcing countries in the region to think hard about how to maintain their military strength. This is particularly concerning given the rise in tensions between North and South Korea, and between China and the US. China, Japan, and South Korea have fertility rates below the global replacement rate — resulting in declining populations. South Korea's fertility rate was 0.72 in 2023, the lowest in the world, compared to the global average of 2.2, according to The Lancet. Hughes said that, like South Korea, Japan has been left thinking about how automation and AI can mitigate the worst effects of a shortage of an army-age population.

Persons: —, Ramon Pacheco Pardo, Pardo, Chris Hughes, Hughes, They've, it's, China's Organizations: Service, Business, KF, VUB, Brussels School, Governance, Vrije Universiteit Brussel, South Korean, North, - Defense Forces, University, Warwick, Self - Defense Forces, Japan Times, Liberation Army, Nikkei Asia Locations: Asia, North, South Korea, China, Japan, Korea's, VUB Korea, Vrije, North Korea, Korea, Israel, Pardo, Ukraine, Russia

☆ Meet the newest generation of the Kennedy family, America's most famous political dynasty
▼ + stars: | 2024-06-17 | by ( Erin Mcdowell | ) www.businessinsider.com time to read: +2 min

Joe Kennedy III is one of the most prominent modern Kennedys in politics. Joe Kennedy III. Greg Nash-Pool/Getty ImagesJoe Kennedy III, 43, is the grandson of Robert F. Kennedy. Still, he'd go on to serve as a United States representative for Massachusetts from 2013 to 2021 and has held the position of United States Special Envoy for Northern Ireland since 2022. The pair met in a Harvard Law School class taught by Sen. Elizabeth Warren, and they now live in Newton, Massachusetts, with their two young children, CBS reported.

Persons: Joe Kennedy III, Greg Nash, Robert F, Kennedy, Ed Markey, he'd, Donald Trump's, He's, Marjory Stoneman, We're, Lauren Birchfield, Sen, Elizabeth Warren, Matthew Rauch Kennedy Organizations: Stanford University, Harvard Law School, United, Massachusetts, United States, Northern Ireland, Democratic, House Energy, Commerce, Green, NBC Boston, Marjory Stoneman Douglas High School, Harvard, Harvard Law, CBS, CNN Locations: Massachusetts, United States, Northern, Massachusetts's, Parkland , Florida, Newton , Massachusetts

☆ How immigrants are helping to keep job growth hot while inflation cools
▼ + stars: | 2024-06-17 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +6 min

Kevin Lamarque | ReutersImmigration — both authorized and unauthorized — has helped the U.S. job market sustain a fiery run in recent months without reigniting inflation, economists and analysts say. This dynamic — a heating job market and cooling inflation — is in part the result of increased inflows of immigrants. Typically, a hot labor market walks a tightrope that could easily collapse into reheated inflation. But the Brookings researchers recalculated the government's estimates — this time, factoring the impact of immigrants on the labor pool. They found that with immigration, the 2024 U.S. job market could safely absorb between 160,000 and 200,000 monthly job gains.

Persons: Joe Biden, Kevin Lamarque, Reuters Immigration —, —, Dow Jones, Goldman Sachs, Michael M, Mark Zandi, Jerome Powell, Zandi, Mandel Ngan, Biden, Donald Trump, Brendan McDermid Organizations: U.S . Border Patrol, Reuters Immigration, of Labor Statistics, FedEx, Broadway, Santiago, Getty, CNBC, Brookings Institution, Brookings, U.S, International Brotherhood of Electrical Workers, Afp, White, Republican Locations: U.S, Mexico, Brownsville , Texas, New York City, United, Lanham , Maryland, United States, Las Vegas , Nevada

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