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☆ Pa. health system agrees to $65 million settlement after hackers leaked nude photos of cancer patients
▼ + stars: | 2024-09-23 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +4 min

CNN —A Pennsylvania health care system this month agreed to pay $65 million to victims of a February 2023 ransomware attack after hackers posted nude photos of cancer patients online, according to the victims’ lawyers. Eighty percent of the $65-million settlement is set aside for victims whose nude photos were published online. The ransomware attack “was limited to the network supporting one physician practice located in Lackawanna County,” the Lehigh statement continued. A February ransomware attack on a major health insurance billing firm cut off health providers from billions of dollars and put some health clinics on the brink of bankruptcy. A full-scale ransomware attack on a health care provider has many costs aside from potential lawsuits, from rebuilding computer systems to retaining legal counsel, Henderson said.

Persons: Saltz Mongeluzzi, ”, Carter Groome, ” Groome, “, Max Henderson, Henderson Organizations: CNN, Health, Lehigh Valley Health Network, Lehigh, Biden Locations: Pennsylvania, Lehigh, Lackawanna County

Tracking Hurricane John Leer en españolJohn was a Category 3 hurricane over Mexico Monday evening Mexico Central Time, the National Hurricane Center said in its latest advisory. The hurricane had sustained wind speeds of 120 miles per hour. Storms that form in the Atlantic or the Pacific generally move west, meaning Atlantic storms pose a greater threat to North America. Occasionally, a storm can move farther north, as Hurricane Hilary did last year, bringing damaging winds and intense rain to Southern California. Hurricane season in the Eastern Pacific began on May 15, two weeks before the Atlantic season started.

Persons: Leer, español John, The New York Times John, Hilary, Niña Organizations: Mexico Monday, National Hurricane Center, The New York Times, NOAA, Southern California ., Eastern Pacific Locations: español, Mexico, Eastern, North America, Baja California, Southern California, Southern California . Hurricane

☆ Luis Armando Albino: Boy abducted from California at age 6 found alive more than 70 years later
▼ + stars: | 2024-09-23 | by ( Associated Press | ) edition.cnn.com time to read: +4 min

Oakland, California (AP) — Luis Armando Albino was 6 years old in 1951 when he was abducted while playing at an Oakland, California, park. Officials and family members didn’t say where on the East Coast he lives. His brother, Roger Albino, was interrogated several times by investigators but stood by his story about a woman with a bandana around her head taking his brother. Luis was located on the East Coast and provided a DNA sample, as did his sister, Alequin’s mom. Luis returned to the East Coast but came back again in July for a three-week visit.

Persons: — Luis Armando Albino, Albino, Justice Department —, “, ”, Roger Albino, ” Alequin, Luis, Roger —, Alequin, ‘, ’, Roger’s, Roger Organizations: Area, FBI, Justice Department, Marine Corps, Oakland, ”, Oakland Tribune, Coast Guard, Oakland Public Library Locations: Oakland, California, Oakland , California, East, Vietnam, West Oakland, Puerto Rico, East Coast, San Francisco Bay, Stanislaus County , California

☆ Trump is getting wilder and wilder, but the White House race remains a toss-up
▼ + stars: | 2024-09-23 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

But the nature of the race — a toss-up contest in swing states — has not budged. No clear leaderBut despite the rising heat on the campaign trail, the race remains where it has been for weeks: deadlocked. The vice president is at 50% compared with Trump’s 47% in the latest CNN Poll of Polls average. Vice President Kamala Harris boards Air Force Two in Queens, New York, on September 22, 2024. Former President Donald Trump arrives at a campaign rally at the Aero Center in Wilmington, North Carolina, on September 21, 2024.

Persons: Donald Trump’s, he’d, —, Trump, He’s, CNN’s KFile, Kamala Harris, Harry Enten, Democrat John F, Richard Nixon, Gretchen Whitmer, Harris ’, “, Harris, Sharyl Attkisson, ”, Joe Biden, Matt Rourke, Biden, Donald Trump, Jim Watson, Republicans —, Ron DeSantis, Nikki Haley, she’s, “ I’m, “ I’ve, ” Harris, South Carolina Sen, Lindsey Graham, NBC’s Kristen Welker, Who’s Organizations: CNN, White, North Carolina, Democrat, Michigan Gov, Democrats, Trump, NBC News, Democratic, Electoral, Air Force, Capitol, Oval, Democratic National Convention, Republican Party, Aero Center, Getty, Republicans, Florida Gov, South Carolina Gov, NBC, —, Federal Reserve, mull, Republican, South, “ Locations: Ohio, “ State, Michigan, Pennsylvania, Wisconsin, Georgia, Nevada , Wisconsin , Michigan, North Carolina, United States, Queens , New York, Trump, Chicago, Wilmington , North Carolina, AFP, Florida, South Carolina

☆ Halle Bailey says she made one major diet change when she was pregnant
▼ + stars: | 2024-09-23 | by ( Amanda Goh | ) www.businessinsider.com time to read: +1 min

Halle Bailey, 24, gave up veganism during pregnancy because she started craving meat. Prior to her pregnancy cravings, the singer had been vegan for 13 years. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementHalle Bailey, 24, says she gave in to her pregnancy cravings and ate meat after being vegan for years.

Persons: Halle Bailey, —, Bailey Organizations: Service, Business

☆ 13 stocks leading the AI revolution poised to turn early infrastructure investment into huge profit growth: Moody's
▼ + stars: | 2024-09-23 | by ( Christine Ji | ) www.businessinsider.com time to read: +3 min

The 13 companies identified below have created tangible competitive advantages by investing in AI infrastructure in the early stages or finding a mission-critical niche within the AI value chain. Investing in the AI value chainIt's still early innings for the AI revolution. Next is the cloud services providers, which store data and train AI models in data centers, followed by the AI foundation models that power ChatGPT. Finally, software infrastructure players assist in integrating AI models into the AI application, or end product that consumers use. These players hold considerable market share across multiple layers of the AI value chain, resulting in higher returns as they use AI in multiple business areas.

Persons: —, Vincent Gusdorf, Moody's, Gusdorf Organizations: Service, Business, Big Tech

☆ Wall Street warms to nuclear power as banks including Goldman Sachs reportedly back new push
▼ + stars: | 2024-09-23 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Read previewBig Tech is getting excited about nuclear power — and now Wall Street wants a piece of the action. However, their involvement could be crucial in helping meet the emissions target laid out in last year's COP28 climate conference and revive the nuclear energy sector. AdvertisementThat might soon change, and it's not just Wall Street getting more interested in nuclear power. Meanwhile, TerraPower, a company cofounded by Bill Gates, is planning a new nuclear power plant in Wyoming. AdvertisementGoldman Sachs, Morgan Stanley, Bank of America, Barclays, BNP Paribas, did not immediately respond to requests for comment from Business Insider, sent outside normal working hours.

Persons: —, Goldman Sachs, Morgan Stanley, Nuclear's, it's, OpenAI, Larry Ellison, We've, they've, Bill Gates Organizations: Service, Tech, Bank of America, Financial Times, Business, Citi, Barclays, BNP, US, Nuclear, Big Tech, Microsoft, ChatGPT, Oracle, Royce Locations: New York, Wyoming

☆ Exclusive: American held for 8 years in notorious Iranian prison tells of ordeal
▼ + stars: | 2024-09-23 | by ( Ben Kirby | Claire Calzonetti | ) edition.cnn.com time to read: +14 min

Namazi previously spoke with Amanpour by phone in March 2023 from inside Iran’s notorious Evin Prison, in what was an unprecedented interview. “That is the smell of freedom.” Forty years later, Siamak Namazi emerged into the night air after eight years in prison. The logistics of his prison interview weren’t complicated. And it’s not just an American problem: Evin Prison is “a dystopian United Nations of hostages,” Namazi says, with many countries’ citizens behind bars. Emotion in his voice, Namazi tells Amanpour that, eventually, he’d like to meet the man who freed him.

Persons: Siamak, CNN’s Christiane Amanpour, ”, Namazi, Amanpour, Babak, ” Namazi’s, Siamak Namazi, “, Jonathan Ernst, …, Joe, Biden, ” ‘, ” Namazi, Dave, I’m, “ unutterable, Namazi’s, Saddam, Hussein, ’, Zahra Kazemi, I’d, Jared Genser, Genser, he’d, could’ve, Christiane Amanpour, Neil Hallsworth, crackly, Emad, Morad Tahbaz, Donald Trump, –, Antony Blinken, Janet Yellen, wasn’t, Biden’s Organizations: CNN, Obama, Trump, Getty, State Department, New York Times, Evin, Republicans, United Nations, United, Iranian Revolutionary Guard Corps Locations: American, Iran, United States, AFP, ”, Evin, America, Vienna, Austria, United States of America, Republic, White Plains , New York, Islamic Republic, Iranian, New York, United Nations

☆ Intel is in talks to get an investment of up to $5 billion from Apollo, report says
▼ + stars: | 2024-09-23 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +1 min

Apollo Global Management is in talks to invest up to $5 billion into Intel, Bloomberg reports. It follows a separate report that Qualcomm approached Intel about a potential takeover. Go to newsletter preferences Thanks for signing up! AdvertisementIntel could be getting a capital injection of up to $5 billion from asset management powerhouse Apollo Global Management, Bloomberg reported on Sunday. According to the report, the "equity-like" investment is still under discussion, and no deal has been finalized.

Persons: — Organizations: Apollo Global Management, Intel, Bloomberg, Qualcomm, Service, Business

☆ Luxury stocks slip as fears grow of a prolonged downturn
▼ + stars: | 2024-09-23 | by ( Jenni Reid | ) www.cnbc.com time to read: +3 min

Bloomberg | Bloomberg | Getty ImagesLONDON — European luxury stocks tumbled on Monday as analysts warned of a deteriorating demand outlook, particularly among high-spending Chinese consumers. "Following the post-Covid peak in consumption in 2022, luxury sector revenues have been sequentially slowing. Across European luxury firms, they expect a 1% revenue decline in 2024. The Stoxx Europe Luxury 10, an index tracking top names in the sector, managed to hold flat but has fallen 3.82% in the year to date. 'Prolonged period of weakness'They're not alone in their bearish view on Europe's luxury sector.

Persons: Hugo Boss, Germany's Hugo Boss, Burberry, Kering, Hermes, Jon Cox, Kepler Cheuvreux, CNBC's, Cox Organizations: Hugo, Hugo Boss AG, Bloomberg, Getty, Bank of America, Korean, BofA Securities, Kepler, U.S, CNBC, Burberry Locations: Shanghai, China, American, Europe

☆ When I quit my corporate job, I made many mistakes and almost burned bridges. Here's what you should do instead.
▼ + stars: | 2024-09-23 | by ( Georgie Tzintzis | ) www.businessinsider.com time to read: +5 min

I wanted to quit my corporate job — and fast. All of this prompted me to quit my job in the worst way possible. My actions created discomfort at the officeLater that day, my boss sent an email to everyone detailing my resignation. Instead, I lied, which any boss would be able to see through, and that created distrust in those last four weeks. I didn't burn any bridges, but there was a sour taste left in both our mouths.

Persons: —, could've Organizations: Service, Business

☆ When I quit my job, I made many mistakes and almost burned bridges. Here's what you should do instead.
▼ + stars: | 2024-09-23 | by ( Georgie Tzintzis | ) www.businessinsider.com time to read: +5 min

At the end of my work days, I often found myself sitting in my car, bursting into tears. All of this prompted me to quit my job in the worst way possible. My actions created discomfort at the officeLater that day, my boss sent an email to everyone detailing my resignation. Instead, I lied, which any boss would be able to see through, and that created distrust in those last four weeks. I didn't burn any bridges, but there was a sour taste left in both our mouths.

Persons: —, could've Organizations: Service, Business

☆ Asia-Pacific markets open lower after Federal Reserve rate cut optimism sent markets higher last week
▼ + stars: | 2024-09-23 | by ( Anniek Bao | In | ) www.cnbc.com time to read: +1 min

A Chinese flag in Pudong's Lujiazui Financial District in Shanghai, China, on Sept. 18, 2023. Asia-Pacific markets opened lower Monday as investors assessed monetary policy decisions from Japan and China on Friday after U.S. Federal Reserve's sharp rate cut sent markets higher last week. Despite growing calls for lower interest rates, the People's Bank of China unexpectedly left its key benchmark rate on hold on Friday. The Reserve Bank of Australia starts its two-day policy meeting on Monday, where central bankers will decide on the country's monetary policy path on Tuesday. Overall year-on-year CPI is expected to have cooled to 2.15%, compared to 2.40% the previous month

Organizations: National Bureau of Statistics, People's Bank of China, Reserve Bank of Australia Locations: Lujiazui, Shanghai, China, Asia, Pacific, Japan, Federal, Singapore

☆ Boeing sweetens labor proposal in 'best and final' offer as strike enters second week
▼ + stars: | 2024-09-23 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

Boeing on Monday sweetened its contract offer and said it was its "best and final" proposal for its more than 30,000 machinists as their strike, which has halted most of the aerospace giant's aircraft production, entered its second week. Boeing's new offer would raise general wages by 30% over four years, up from a previously proposed 25%. It also doubled the ratification bonus to $6,000, reinstated an annual machinist bonus and raised the company's 401(k) match. The labor union, the International Association of Machinists and Aerospace Workers, didn't immediately comment on the offer. The strike came as workers voted 94.6% against the previous proposal that the union had endorsed.

Persons: didn't, group's, Kelly Ortberg, Ron Epstein Organizations: Boeing, International Association of Machinists, Aerospace Workers, Bank of America, CNBC Locations: Renton , Washington, Seattle

☆ A rare polar bear showed up on the shores of Iceland. Police shot it
▼ + stars: | 2024-09-23 | by ( Associated Press | ) edition.cnn.com time to read: +3 min

London AP —A rare polar bear that was spotted outside a cottage in a remote village in Iceland was shot by police after being considered a threat, authorities said Friday. “In this case, as you can see in the picture, the bear was very close to a summer house. The bear shot on Thursday was the first one seen in the country since 2016. It also found there was a healthy bear population in east Greenland where any bear was likely to have come from. After the shot bear was taken away, the woman who reported it decided to stay longer in the village, Jensson said

Persons: Helgi Jensson, “, ” Jensson, Jensson, Anna Sveinsdóttir, Sveinsdóttir Organizations: London AP, Environment Agency, Westfjords, Associated Press, Icelandic Institute of, Wildlife Society, United, Coast Guard Locations: Iceland, Reykjavik, Greenland, Canada, Norway, Russia, United States

☆ I ate my way through the classic menu at Insomnia, the cookie chain that dominated the market long before Crumbl's debut
▼ + stars: | 2024-09-23 | by ( Gia Yetikyel | ) www.businessinsider.com time to read: +1 min

I tried all of the classic flavors at my local Insomnia Cookies and ranked them from worst to best. The M&M's cookie was my least favorite even though I like the candy on its own. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementCreated by college students in a University of Pennsylvania dorm room, Insomnia Cookies revolutionized late-night eating options in 2003.

Persons: —, it's Organizations: Service, University, Pennsylvania, Business

☆ Microsoft downgraded on fear its AI lead over Amazon and Google is gone
▼ + stars: | 2024-09-23 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Analyst Gil Luria maintained his price target of $475, which is approximately 9% higher than where Microsoft stock closed on Friday. In particular, Amazon Web Services and Google Cloud Platform appear to pose the biggest threats to Microsoft's Azure cloud computing platform. But Amazon Web Services is now adding nearly as much cloud business, while Google Cloud Platform's current acceleration is comparable to that of Azure's last-quarter growth rates. "While Microsoft has discussed its Maia chips, it is years behind Amazon and Google and appears to be using them only to run Azure OpenAI Services workloads. We believe this means Microsoft has been escalating an arms race it may not be able to win."

Persons: D.A, Davidson, Gil Luria, Luria, Maia Organizations: Microsoft, Amazon Web Services, Google, Services, Amazon, OpenAI Locations: OpenAI

☆ Britain's finance minister calls for spending discipline but no return to austerity
▼ + stars: | 2024-09-23 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

Britain's Chancellor of the Exchequer Rachel Reeves speaks on the second day of the annual Labour Party conference in Liverpool, north-west England, on September 23, 2024. Liverpool, ENGLAND — U.K. Finance Minister Rachel Reeves vowed on Monday that Britain will not return to austerity, but said she would make hard choices as she lays out budget proposals next month. "It will be a budget with real ambition ... a budget to deliver the change we promised. A budget to rebuild Britain," she told a crowd of Labour party delegates Monday. Reeves has suggested that taxes are likely to rise at her upcoming Oct. 30 Autumn budget after discovering a £22 billion ($29 billion) "black hole" in the public finances.

Persons: Rachel Reeves, heckles, Keir Starmer, Reeves, Jeremy Hunt Organizations: Labour Party, Finance, Labour, Conservative Party, Conservatives Locations: Liverpool, England, ENGLAND, Britain

☆ A stunning sterling rally is about to collide with Britain's political realities
▼ + stars: | 2024-09-23 | by ( Jenni Reid | ) www.cnbc.com time to read: +4 min

Sterling breached $1.33 against the greenback for the first time since March 2022 on Thursday, and was trading at $1.3315 early London time Monday. The pound's rally was tied to the BOE communication and "looks fully justified," Chris Turner, global head of markets at ING, said in a Friday note. Higher rates are traditionally a positive for a domestic currency as the higher yield can attract more foreign capital. watch nowGabriella Dickens, G7 economist at AXA Investment Managers, also cautioned on the pound's outlook in a note Thursday. If the government is more stringent on fiscal policy, we think the Bank will be forced to increase the pace of the cutting cycle to offset the hit on both households' and businesses' finances."

Persons: Keir Starmer, BOE, Chris Turner, Turner, Jane Foley, Gabriella Dickens, Dickens Organizations: Bank of England, Labour, Sterling, greenback, London, ING, Fed, U.K, European Union, Rabobank London, CNBC, AXA Investment, Bank, quicken Locations: Britain, –

☆ Investors shorting oil are walking into a 'bear trap' with energy demand set to surge, Bank of America says
▼ + stars: | 2024-09-23 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +3 min

Investors have turned bearish on oil amid fears of an OPEC+ price war and weak China oil demand. But if world GDP grows 3.3% next year, energy demand will likely surge, Bank of America says. That's because if GDP grows according to estimates, energy demand growth will likely follow. AdvertisementOPEC+ plans to add crude oil barrels into an existing surplus oil market after a series of cuts in the last two years. Those factors, along with the chance for a global economic slowdown, pose downside risks to the analysts' oil price target.

Persons: — Organizations: Bank of America, Service, Federal Reserve, bbl Locations: OPEC, China

☆ Germany dodges a second far-right win, but only just
▼ + stars: | 2024-09-23 | by ( Hannah Abraham | ) www.businessinsider.com time to read: +1 min

Germany's Social Democratic Party narrowly beat the hard-right Alternative for Germany in Brandenburg. SPD's win came after a historic loss to the far-right earlier this month. AdvertisementAfter a historic loss to the far-right earlier this month, Germany's ruling Social Democratic Party (SPD) party narrowly dodged another blow this weekend. German Chancellor Olaf Scholz's Social Democratic Party (SPD) is projected to have won the election in the state of Brandenburg, albeit by less than two percentage points. Preliminary exit polls in Brandenburg showed the SPD at 30.9%, narrowly edging out the far-right Alternative for Germany (AfD) party with 29.2%.

Persons: SPD's, —, Olaf Scholz's Organizations: Germany's Social Democratic Party, Sahra Wagenknecht Alliance, Service, Social Democratic Party, SPD, Olaf Scholz's Social Democratic Party, Business Locations: Germany, Brandenburg

The trip is set to be her first visit to the southern border since President Biden dropped out of the race. Ms. Harris may give remarks about border issues during the visit, according to the people, who insisted on anonymity to discuss a trip that has not yet been made public. The people said final details about exactly where Ms. Harris would visit or what else she might do on the trip have not been decided. Mr. Trump and Republicans have blamed Ms. Harris for the large numbers of migrants crossing into the United States from Mexico over the past several years. Early in his administration, Mr. Biden made Ms. Harris responsible for addressing the root causes of migration from Latin America.

Persons: Kamala Harris, Donald J, Biden, Harris, Trump Locations: U.S, Mexico, Arizona, United States, America

☆ Caitlin Clark unanimously named AP WNBA Rookie of the Year
▼ + stars: | 2024-09-23 | by ( Ben Church | ) edition.cnn.com time to read: +1 min

CNN —Caitlin Clark has continued to reap the rewards from her remarkable debut season in the WNBA, most recently being unanimously chosen for the Associated Press’ (AP) Rookie of the Year. The WNBA will announce its official Rookie of the Year and the rest of its awards throughout the postseason which tipped off on Sunday. Clark went into her rookie season with the weight of expectation on her shoulders, and she certainly didn’t disappoint. Clark also became the first rookie to record a triple-double and holds the record for most three-pointers made by a rookie in league history. Off the court, the guard has helped attract new fans to the sport, with WNBA attendances soaring as a result.

Persons: Caitlin Clark, Clark, ” Organizations: CNN, WNBA, Associated Press, Indiana Fever, AP, Fever, Connecticut Sun, Sun Locations: Connecticut

☆ There's only one new car for sale for less than $20,000
▼ + stars: | 2024-09-23 | by ( Benjamin Zhang | ) www.businessinsider.com time to read: +1 min

Nissan announced that the 2025 Versa subcompact sedan will start at $17,190. It will be the cheapest new car on sale in the US and the only one to start under $20,000. The 2025 Versa comes standard with a 122-horsepower four-cylinder engine and a manual transmission. AdvertisementThe cheapest new car for sale in America is about to get more expensive. That's $500 more than before but still cheap enough to claim the title of cheapest new car on the market.

Persons: —, Kia Forte Organizations: Nissan, Service, Mitsubishi, Business Locations: America

☆ Treasury yields nudge higher as investors assess growth outlook
▼ + stars: | 2024-09-23 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

Yields and prices move in opposite directions. One basis point is equivalent to 0.01%. The 10-year Treasury yield was up just over a basis point at 3.745% at 3:41 a.m. U.S. Treasury yields were slightly higher early Monday as investors assessed the growth outlook following the Federal Reserve's jumbo rate cut last week. The 10-year Treasury yield ended last week almost 8 basis points higher after the Fed lowered rates by half a percentage point on Wednesday.

Persons: Jerome Powell, Raphael Bostic, Neel Kashkari, Austan Goolsbee, Adriana Kugler Organizations: U.S, Treasury, Federal Locations: U.S

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