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☆ New York City briefly opened its housing voucher waitlist. But getting that assistance is as unlikely as getting into Harvard.
▼ + stars: | 2024-06-15 | by ( Eliza Relman | ) www.businessinsider.com time to read: +4 min

Finding an affordable apartment in New York City has become ever more challenging for low-income people — and an expansion of key federal assistance isn't likely to help much. Ultimately, though, it will only issue 20,000 new vouchers, bringing the total number of vouchers up from about 96,000 to about 115,000, the New York City Housing Authority said. AdvertisementNew York City has the largest housing voucher program in the country, but it still falls far short of need. Discrimination against housing voucher holders by landlords is pervasive, even in places that prohibit it. Fully funding housing vouchers is key.

Persons: isn't, Gothamist Organizations: Service, New, New York City Housing Authority, Harvard University, of Housing, Urban Development Locations: New York City, York City, New York

☆ Saudi Arabia looking to China for a lifeline for its futuristic city could mean trouble for the US
▼ + stars: | 2024-06-14 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at how Saudi Arabia is courting Chinese investors for help with its massive, futuristic city facing financial issues. NeomSaudi Arabia's dreams of a futuristic city are turning into a financial nightmare, and one of its solutions could spell trouble for the US. Since 2017, the Kingdom has touted big plans for the desert megacity Neom . AdvertisementThe city plans to heavily use renewable energy, a key area of focus for China as it digs itself out of its economic hole . But a soft real estate market and a trail of angry business partners and customers are threatening to thwart his big plans .

Persons: —, Prince Mohammed bin Salman's, Neom's, hasn't, Tom Porter, Prince, Aaron Weiner's, Weiner, Justin Sullivan, it's, they'd, Tyler Le, Giovanna Ventola, Michael Shvo, Shvo, Tesla, Jose Uribe, Sen, Bob Menendez, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Annie Smith, Amanda Yen Organizations: Service, UEFA, Business, Neom, US, International Monetary Fund, Bank of America, Apple, Apple Intelligence, OpenAI, Amazon, Bonnaroo Music, Arts Festival, Post Malone Locations: Saudi Arabia, Neom, Saudi, Kingdom, China, Gaza, New York, London

☆ 25-year-old turned down Yale for a state school in 2017—now she makes $90,000 a year and has 'no regrets'
▼ + stars: | 2024-06-14 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +1 min

Carolina Williams went viral in 2017 for her unique Papa Johns-inspired essay that earned the teen admission into Yale University. The first member of her family to go to college, Williams didn't necessarily have her heart set on an Ivy League education. She loved both Yale and Auburn's campuses and could see herself as a member of either student body. But Auburn's analytics program, along with its much closer proximity to her home and family in Tennessee, won Williams over. Here's why she skipped the Ivy League and how it's worked out for her post-grad.

Persons: Carolina Williams, Papa Johns, Williams, I've, it's Organizations: Yale University, Ivy League, CNBC, Auburn University, Yale Locations: Alabama, Tennessee

☆ Donald Trump turns 78, a birthday he wishes ‘doesn’t exist’
▼ + stars: | 2024-06-14 | by ( Steve Contorno | ) edition.cnn.com time to read: +9 min

Trump is now 78 years old. “Just remember what I’m telling you: 78 is not old,” Trump asserted to a New York Post gossip columnist almost two years ago. “This is a degraded version of an already horrible person,” Emhoff said in reference to Trump’s Vegas speech. The Biden campaign called Trump “feeble” on social media when the former president ended a post-meeting news conference after five minutes without taking questions. But the observations about Trump’s age and mental state are not just coming from inside the Biden campaign.

Persons: Donald Trump, ’, “, ” Trump, Ivanna, Joe Biden, Biden, –, J.B, Pritzker, deferments, They’re, Trump, ”, Nikki Haley, Nancy Pelosi, Barack Obama, Haley, Ron DeSantis, Trump “, ” DeSantis, can’t, I’m, pounced, Doug Emhoff, ” Emhoff, Taylor Swift, Pelosi’s, Steven Cheung, Biden “, ” Cheung, Alyssa Farah Griffin, ” Griffin, Trump’s, Jonathan Turley, ” Turley, ” CNN’s Edward, Isaac Dovere, Ariel Edwards, Levy, Kristen Holmes, Annie Grayer, Melanie Zanona, Lauren Fox, Kit Maher Organizations: CNN, Las, New, New York Post, Trump, White, ”, Wisconsin Democratic, South Carolina Gov, Republican, GOP, Florida Gov, Congressional Republicans, Wisconsin Republicans, Biden, House, George Washington University Law School Locations: New York, ” Illinois, Wisconsin, Vietnam, Florida, Washington, Milwaukee

☆ Trump allies scramble to explain after he calls Republican National Convention host Milwaukee a 'horrible' city
▼ + stars: | 2024-06-13 | by ( Josephine Rozzelle | ) www.cnbc.com time to read: +3 min

In a meeting with House Republicans on Thursday, former President Donald Trump called Milwaukee — the host of the 2024 Republican National Convention — a "horrible" city and said it is overrun by crime. The Trump campaign denied that he called the city "horrible," writing in a press release that the reports are a "total lie." "President Trump was explicitly referring to the problems in Milwaukee, specifically violent crime and voter fraud," the campaign said in its statement. Republican Rep. Bryan Steil, of Wisconsin, replied to a post on X that reported Trump's comment that Milwaukee is a "horrible" city. "We'll see that at the RNC — and then again in November, when Wisconsinites send Donald Trump packing."

Persons: Donald Trump, Punchbowl's Jake Sherman, Trump, Bryan Steil, Steil, Derrick Van Orden, Joe Biden, Biden, X, Milwaukee Mayor Cavalier Johnson, Garren, MAGA, Randolph Organizations: Capitol, National Republican Senatorial, Republicans, Milwaukee, Republican, Convention, NBC News, Capitol Hill Club, Trump, RNC, Democrat, Republican Party, CNBC, Milwaukee Bucks, White, Milwaukee Mayor, Garren Randolph , Wisconsin Democratic, MAGA Republicans Locations: Washington, Milwaukee, Wisconsin, Garren Randolph , Wisconsin

☆ Supreme Court blocks ‘Trump too small’ trademark gambit
▼ + stars: | 2024-06-13 | by ( Lawrence Hurley | ) www.cnbc.com time to read: +3 min

A general view of the U.S. Supreme Court building in Washington, U.S., June 1, 2024. WASHINGTON — The Supreme Court on Thursday rebuffed a California lawyer's attempt to trademark the phrase "Trump too small," a reference to a crude joke made about former President Donald Trump. Rubio joked about what he said were Trump's small hands, adding: "And you know what they say about guys with small hands." Elster, an employment lawyer and progressive activist, applied to register "Trump too small" — a double-entendre meant to insinuate a correspondingly small penis — with the trademark office in 2018. The case is the latest of several the Supreme Court has taken up recently concerning free speech rights in the trademark context.

Persons: WASHINGTON —, Trump, Donald Trump, Steve Elster, Clarence Thomas, Thomas, Sen, Marco Rubio, Rubio, Elster, Trump's, Biden Organizations: U.S, Supreme, WASHINGTON, U.S . Patent, Appeals, Federal Circuit, Trump Locations: Washington , U.S, California, Florida, Asian American

☆ The Disturbing Truth About Hair Relaxers
▼ + stars: | 2024-06-13 | by ( Linda Villarosa | ) www.nytimes.com time to read: 1 min

Her early and sustained interest has also inspired other scientists — most of them Black women like her — to add questions about the use of hair relaxers and other products to large longitudinal studies with tens of thousands of subjects as they pursue explanations for these racial disparities. The scientists are driven by their own intimate experience: As children, they sat in salon chairs or in kitchens having chemical relaxers, colloquially called “creamy crack,” applied to their hair as they waited for it to go from “kinky” to smooth and silky as the products promised. Decades later, they still recall the harsh smell and the sensation of their scalps being aflame. “I go all the way back to: I was right,” James-Todd said. “That stuff that was burning on my head — it wasn’t safe.”

Persons: kinky ”, ” James, Todd

☆ Read the Court’s Decision to Uphold Access to Abortion Pill
▼ + stars: | 2024-06-13 | by ( ) www.nytimes.com time to read: +3 min

Held: Plaintiffs lack Article III standing to challenge FDA's actions regarding the regulation of mifepristone. (a) Article III standing is a “bedrock constitutional requirement that this Court has applied to all manner of important disputes." Causation requires the plaintiff to establish that the plaintiff's injury likely was caused or likely will be caused by the defendant's conduct. Because plaintiffs do not prescribe or use mifepristone, plaintiffs are unregulated parties who seek to challenge FDA's regulation of others. Plaintiffs advance several complicated causation theories to connect FDA's actions to the plaintiffs' alleged injuries in fact.

Persons: “, Allen, Wright, Ramirez, Summers, Lujan Organizations: Fifth Circuit, FDA, Earth Island Institute, of Wildlife Locations: States, . Texas

☆ From prison to the trenches: Inside Ukraine’s attempt to turn inmates into soldiers
▼ + stars: | 2024-06-13 | by ( Daria Tarasova-Markina | ) edition.cnn.com time to read: +11 min

Central Ukraine CNN —Battalion commander Dmytro Kukharchuk speaks quietly but firmly. Dmytro told CNN he knew he wanted to fight from the moment the war started. But since I couldn’t, I will now protect other families who want to live and have children,” he told CNN. Dmytro told CNN that he grew up as an orphan and started stealing when he was young. Of the 17 inmates who wanted to join on the day CNN visited the prison, the 3rd Separate Assault Brigade recruited 12.

Persons: Dmytro Kukharchuk, –, Kukharchuk doesn’t, attentively, ”, Daria Tarasova, Kukharchuk, “, I’m, Wagner, Denys Maliuska, Maliuska, Dmytro, CNN ‘ Organizations: Central, Central Ukraine CNN —, Ukraine, Separate Assault Brigade, CNN, Russia, Ministry of Justice, Ukraine’s, Ministry, 110th Mechanized Brigade, Ministry of Defense, Armed Forces of Locations: Central Ukraine, Bakhmut, Ukraine, Russia’s, Avdiivka, Ukrainian, Kyiv, Russia, Armed Forces of Ukraine, Russian, Izium, Kukharchuk

☆ Ukraine's big strike on Crimea shows how its older missiles can take out Russia's most advanced air defenses
▼ + stars: | 2024-06-13 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +5 min

Read previewUkraine's latest claimed strike on Crimea is likely another example of how its older, Western-supplied missiles can foil even Russia's most advanced air-defense systems. Rybar, an influential Russian military blogger, said on Monday that Ukraine had attacked Crimea with at least 12 ATACMS missiles. AdvertisementThe S-400 is Russia's most advanced air defense system. Ukraine said none of its missiles were downed in the attack, while mocking Russia's descriptions of its own air defenses. "None of our missiles fired were intercepted by the enemy's 'highly effective' air defense," Ukraine's General Staff said.

Persons: —, Rajan Menon, DIMITAR DILKOFF, Ian Williams, Fredrik Mertens, Maxim Shemetov, George Barros, Philip Karber Organizations: Service, Ukraine's, Staff, Business, Washington, for, Defense, Getty, US, UK Ministry of Defence, Russian Telegram, Missile Defense, Center for Strategic, International Studies, Storm, Hague, Strategic Studies, REUTERS, Institute for Locations: Crimea, Russian, Russia, Ukraine, AFP, France, Ukrainian, Moscow, Russian Kerch

Former President Donald Trump will address some of the world's most powerful corporate leaders on Thursday, albeit with some notable absences. So here's what we know: Out of the 17 corporate spokespeople who replied to CNBC, four said their CEOs planned to attend: JPMorgan Chase CEO Jamie Dimon, Citigroup CEO Jane Fraser, Bank of America CEO Brian Moynihan and Edison International CEO Pedro Pizarro. BlackRock CEO Larry Fink and Microsoft CEO Satya Nadella, for instance, will reportedly be at the G7 summit in Italy. Representatives for Woods and Bastian did not reply to questions about why their chief executives won't be attending the meeting. Fox Corp. CEO Lachlan Murdoch, Best Buy CEO Corie Barry and Boeing CEO Dave Calhoun will also not be there, spokespeople told CNBC Thursday.

Persons: Donald Trump, Bank of America Brian Moynihan, Joe Biden's, Jeff Zients, —, Jamie Dimon, Jane Fraser ,, Brian Moynihan, Pedro Pizarro, Trump, Steve Schwarzman, Goldman Sachs, David Solomon, Sara Armbruster, Darren Woods, Ed Bastian, Morgan Stanley, Ted Pick, James Gorman, Lynn Good, Solomon, Larry Fink, Satya Nadella, Woods, Bastian, Fink, Nadella, Lachlan Murdoch, Corie Barry, Dave Calhoun, spokespeople Organizations: Bank of America, White, Business, CNBC, JPMorgan Chase, Citigroup, Jane Fraser , Bank of America, Edison International, Trump, Blackstone Group, ExxonMobil, Delta Air, Duke Energy, BlackRock, Microsoft, Fox Corp Locations: Washington , DC, Trump, Italy, Washington

☆ The US expands sanctions against Russia-friendly institutions as Treasury chief Janet Yellen says the Kremlin is 'desperate' for outside help
▼ + stars: | 2024-06-12 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Read previewForeign financial institutions engaged in Russia's wartime economy are now at greater risk of secondary sanctions, as the Treasury Department's ability to blacklist institutions just got a boost. The update, announced Wednesday, also unveiled fresh sanctions against 300 individuals and entities accused of fueling Moscow's war in Ukraine and helping it circumvent sanctions. "Russia's war economy is deeply isolated from the international financial system, leaving the Kremlin's military desperate for access to the outside world," said Treasury Secretary Janet Yellen said, quoted in the report. The new announcement comes as Russia's wartime activity has kept its economy afloat while its partnership with China has only grown. AdvertisementA handful of stock exchanges in Moscow are also restricted, meant to prevent investors from profiting from Russia's war through defense firms and other corporations.

Persons: —, Janet Yellen, that's Organizations: Service, Treasury, Business, United Arab, Financial Times, West Locations: Ukraine, Turkey, United Arab Emirates, Austria, Russia, China, Russian, Moscow

Millions around the world caught a glimpse of the North Korean men’s team in two World Cups. The secrecy surrounding the North Korean national team was also evident in the case of star player Han Kwang Song. Carl Recine/Action Images/ReutersEarning respectWhen An joined the North Korean national team upon receiving a call-up letter in 2002, he remembers not being immediately accepted by teammates. To be accepted by the squad, newcomer An had to prove himself to the other North Korean players. Although, as fate would have it, An met his former teammate and current manager of the North Korean national team, Sin Yong Nam, last March.

Persons: –, Yong Hak, Han Kwang, Han, “, ”, Yong, Son Heung, Pak Kwang, Choe, I’ll, ” Han, Yong Nam, ‘ It’s, ’ ”, “ Han’s, ‘, …, Kim Jong Hun, Jong Tae, Philip Fong, Kim, Jong Tae Se, Carl Recine, didn’t, Sin Yong Nam, Sin Organizations: CNN, Korean men’s, CNN Sport, North, Korean, Juventus, Qatari, Al, UN, North Korean, –, SC, Cagliari, South, Tottenham Hotspur, Radio Free Asia, Tokyo's, Getty, Portugal, DPRK, Thailand Locations: North Korea’s, East, Italy, Middlesbrough, England, South Africa, Portugal, North Korean, Japan, Qatar, North Korea, Myanmar, China, Pyongyang, South Korea, Austria, Tokyo, DPRK, Brazil, Ivory Coast, Korean, AFP, Korea

☆ Class action suit alleges Raytheon discriminates against older job seekers
▼ + stars: | 2024-06-11 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +4 min

New York CNN —A class action lawsuit filed Tuesday alleges that RTX Corporation, the multinational aerospace and defense systems giant formerly known as Raytheon Technologies, has been discriminating against job seekers who are 40 years or older. The ads that refer to “Recent Graduate Positions” indicate that applicants should either have graduated from college or graduate school very recently or have no more than 12 or 24 months of related work experience. While the positions may be lower level, they are not necessarily low paying, with salary ranges that can run north of $100,000. We believe these claims are entirely without merit and we will actively defend our hiring practices,” company spokesman Chris Johnson told CNN. Between 2019 and 2023, Goldstein applied to at least seven of Raytheon’s recent graduate positions for which he met all the qualifications save those requiring the newness of his degrees or the short duration of work experience.

Persons: RTX, “ RTX, we’re, Chris Johnson, — Mark H, Goldstein, Peter Romer, Friedman, ‘ EEOC, Romer Organizations: New, New York CNN, RTX Corporation, Raytheon Technologies, AARP Foundation, Court, District of, Raytheon, Virginia Human, CNN, US Department of Homeland Security, Commission Locations: New York, District of Massachusetts, Massachusetts, Virginia

In late 2022, Valcourt left the U.S. to move to France and go to pastry school. Valerie Valcourt moved to France in late 2022 to go to pastry school, which was a childhood dream. After some online research, she applied to a pastry school in Paris, got accepted and quit her job. Valerie Valcourt's pastry school program included three months of intensive culinary and language classes, followed by a four-month internship at a Michelin-level restaurant. Most of Valerie Valcourt's meals come from her restaurant job, but she spends roughly 20 euros ($21.43) per week.

Persons: Valerie Valcourt, Valcourt, She's, Chabran, Luis Carballo, Valerie Valcourt's, she's, It's Organizations: CNBC, Google, Michelin, France, Transportation, Apple, Spotify, Spotify Insurance, Peugeot Locations: U.S, France, Tournon, Seattle, Paris, Connecticut, Europe

☆ Eating what’s best for the planet can lengthen your life, study says
▼ + stars: | 2024-06-10 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +5 min

“For every major cause of death we looked at, there was a lower risk in people with better adherence to the planetary health diet,” Willett said. The planetary diet asks you to fill half your plate at each meal with fruits and vegetables. All the people were enrolled in long-term government studies — the Nurses’ Health Study I and II and the Health Professionals Follow-Up Study — and had no major diseases when the research began. While other studies have looked at the impact of the planetary health diet, none has matched the scope of this study, Willett said. “The findings show just how linked human and planetary health are.

Persons: ”, David Katz, Katz, what’s, Walter Willett, ” Willett, Lew Robertson, Willett Organizations: CNN, True Health Initiative, UN, Harvard, of Public Health, Lancet, American, Clinical Nutrition, Nurses, Health Locations: Chan, Boston

☆ Tesla clears another hurdle to launching full self-driving in China
▼ + stars: | 2024-06-10 | by ( Laura He | ) edition.cnn.com time to read: +4 min

Hong Kong CNN —Tesla is one step closer to launching full-self driving (FSD) technology in China after it clinched an agreement with Baidu to upgrade its mapping software. The Chinese tech giant said Saturday that it was providing lane-level navigation services for Tesla cars. China’s answer to Google has been been providing mapping services to Tesla since 2020. It could also accelerate Tesla’s global development of its self-driving technology, as data from China could be used to train Tesla’s algorithms needed for fully autonomous vehicles. “Tesla’s (own) navigation system can finally be used.”Introducing the FSD system could provide a revenue boost to Tesla, which is having a tough time in China.

Persons: Hong Kong CNN — Tesla, Elon Musk’s, ” Baidu, Tesla, ”, Elon Musk, ” Tesla, “ Organizations: Hong Kong CNN, Baidu, “, Google, ” CNN, CNN, Weibo, Tesla Locations: China, Hong Kong

☆ Waze cofounder explains the test he uses to figure out whether to fire a new employee — and how it can be used to figure out if you should switch jobs
▼ + stars: | 2024-06-10 | by ( Ana Altchek | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Related storiesLevine said the employee deserves to be successful, but in this hypothetical case, it's not going to happen there. Levine said this test can be applied to "everything in your life," including relationships and directions you're going in life. If the answer is yes, then do something different today," Levine said. He said he tells them to ask themselves why they don't like their jobs and if they can change something.

Persons: —, Uri Levine, Levine, it's, Waze, it'll Organizations: Service, Business, Entrepreneurs

☆ We live in New York City but my kids go to summer camp in California. They connect with their cousins and my husband and I get time together.
▼ + stars: | 2024-06-09 | by ( Alexandra Moss | ) www.businessinsider.com time to read: +5 min

For the last two years, we've sent our 10-year-old son to sleepaway camp in California — 3,000 miles and a six-hour flight from our home in New York. The East Coast isn't lacking for overnight camps: camp culture here is stronger than in any other part of the country. Our children are lucky to have first cousins the same ages as them — and unlucky to live a continent apart. An entire summer apart? But it's no less true for modern parents fortunate enough to ship their kids off to summer camp or for their kids.

Persons: we've, sleepaway, we're, Alexandra Moss Organizations: Service Locations: California, New York, sweltering, Sierra Nevada, Massachusetts , New Hampshire, Maine, San Diego, Roblox, Vancouver, British Columbia, alimoss.com

European Union Parliament Election 2024: Live ResultsThe first countries are now reporting national estimates. The first overall estimate of parliament seat counts are expected after 2:15 p.m. Eastern. No results EPP S&D Renew ECR Greens ID Left Other No results Greens EPP ID S&D Renew Left Other ECR EPP S&D Renew ECR Greens ID Left Other No results Note: Country-level seat counts are estimates based on available exit polls and other non-official data from member states. Projection of overall seats by group The first overall seat count projection will be available after 2:15 p.m. Eastern. Group Seats Seats 0 0 0 0 + Show more * Newly elected members not allied to any of the political groups in the outgoing parliamentElection results are announced country by country, and voting is organized according to national rules.

Organizations: Union, EPP, Greens, Left, The New York Times

☆ Iga Świątek wins third straight French Open title with dominant victory against Jasmine Paolini
▼ + stars: | 2024-06-08 | by ( George Ramsay | ) edition.cnn.com time to read: +4 min

1 Iga Świątek won her third consecutive French Open title on Saturday with an emphatic 6-2 6-1 victory against Italy’s Jasmine Paolini. She is the first woman since Justine Henin in 2007 to win three consecutive French Open titles, dismantling first-time grand slam finalist Paolini in just an hour and eight minutes. Bertrand Guay/AFP/Getty ImagesIn the later stages of this year’s French Open, Świątek has been unmatched, dropping just 17 games across the past five matches. But for all her superiority, she was almost ousted from the tournament by Naomi Osaka in the second round. Gonzalo Fuentes/ReutersBeaten only twice at the French Open, Świątek follows Monica Seles and Henin by claiming a third consecutive women’s singles titles at Roland Garros in the Open Era.

Persons: Iga Świątek, Italy’s Jasmine Paolini, – Świątek’s, Roland Garros, Justine Henin, Paolini, Świątek, Bertrand Guay, Naomi Osaka, ” Świątek, “, it’s, ” Paolini, Philippe, Chatrier, It’s, I’m, Gonzalo Fuentes, Monica Seles, Henin, Serena Williams, – Chris Evert, Steffi Graf, –, Rafael Nadal, ” Organizations: CNN, Świątek, Paolini, Getty, Reuters Locations: AFP, Madrid, Rome, Paris, Świątek

☆ The Walmart heirs have added more than $53 billion to their combined net worth this year — second only to Nvidia CEO Jensen Huang
▼ + stars: | 2024-06-07 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +1 min

The heirs to Walmart founder Sam Walton have added $53.7 billion to their combined wealth this year. Only Nvidia CEO Jensen Huang has seen a larger increase in his net worth on Bloomberg's Billionaire Index. AdvertisementIt's no secret that Nvidia founder and CEO Jensen Huang has had an explosive year so far when it comes to his personal net worth. Huang has more than doubled his fortune since January, adding more than $62 billion as the chipmaker's stock is up 40% year-to-date. And while Mark Zuckerberg saw the second-highest growth in individual wealth in 2024, according to Bloomberg's Billionaire Index, the combined gains seen by the Walmart heirs outpaced the Meta CEO.

Persons: Sam Walton, Jensen Huang, Walton, —, Huang, Mark Zuckerberg Organizations: Walmart, Nvidia, Service, Meta

☆ Morale plummets inside The Washington Post as staffers express alarm over publisher’s attempts to squash story
▼ + stars: | 2024-06-07 | by ( Oliver Darcy | ) edition.cnn.com time to read: +7 min

New York CNN —Will Lewis is quickly losing the confidence of his newsroom. At The Post, according to more than a half-dozen staffers who spoke with CNN Thursday, morale has fallen off a cliff since Lewis abruptly ousted Executive Editor Sally Buzbee on Sunday. Lewis’ uncouth dispatching of Buzbee poisoned much of the goodwill he had earned with his employees over the preceding six months. Indeed, the day after he announced Buzbee’s exit, staffers pressed him in a town hall about the circumstances that led to her departure. Will Lewis, the publisher of The Washington Post, finds himself embroiled in a scandal affecting the newsroom itself.

Persons: Will Lewis, —, Lewis, Sally Buzbee, “ It’s, Lewis ’, Buzbee, Matt Murray, Robert Winnett, Rupert Murdoch’s, Prince Harry, Carlotta Cardana, David Folkenlik, Lewis “, heatedly —, Folkenflik, ” Folkenflik, Puck’s Dylan Byers, Byers, Sarah Ellison, Elahe Izadi, ” Lewis, “, Ellison, Izadi, Jeff Bezos, “ He’s, ”, don’t Organizations: New York CNN, The Washington Post, CNN, Wall Street, Fleet Street, News Corporation, The New York Times, Bloomberg, Getty, NPR, “, Columbia Journalism School Locations: New York, —, Washington

☆ Stock market today: US indexes trade mixed as Nvidia extends rally and investors assess jobs data
▼ + stars: | 2024-06-06 | by ( Max Adams | ) www.businessinsider.com time to read: +2 min

Nvidia added to gains a day after it rallied to become the world's second-most-valuable company. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementUS stocks were mixed on Thursday as the market struggled for direction a day after Nvidia's record-setting gain and ahead of a highly anticipated nonfarm payroll report for May. While that's higher than estimates, it is still historically low, pointing to continued strength in the labor market amid the lowest unemployment rate in decades. On Friday, investors will get a fuller picture of the labor market with the May nonfarm payroll report.

Persons: — Organizations: Nvidia, ECB, Service, Federal Reserve, Apple, Microsoft

☆ Priceline, Ramp sign deal to disrupt 'archaic,' high fee business travel booking model
▼ + stars: | 2024-06-06 | by ( Ian Thomas | ) www.cnbc.com time to read: +3 min

"One in nearly every 5 dollars spent on Ramp cards is related to flights, hotels, entertainment related to travel," Glyman said. That ultimately led Ramp to the Priceline partnership and new platform feature. The new product, called Ramp Travel, utilizes AI and automation to help streamline and simplify the process of booking and doing expenses for business travel, with Priceline providing Ramp users access to airline, hotel, and other travel inventory. The companies see an opportunity to take share from corporate travel offerings that often rely on high fees that guarantee control over where employees stay, or the carriers which travelers fly with. While a majority of Ramp customers have never raised venture capital, the average size of companies using the platform has more than doubled in the past three years, he said.

Persons: Glyman, Eric Glyman, Brett Keller, Keller, Brex Organizations: Priceline, Booking Holdings, CNBC Disruptor, Intelligence, Airbase, Center Locations: Navan

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