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LA advanced a proposal for a new basic income program targeting domestic abuse survivors. It's inspired by the results of the city's BIG:LEAP program, a large-scale basic income pilot. BIG:LEAP found that monthly cash stipends helped abuse survivors leave their partners. AdvertisementLos Angeles is making strides toward a guaranteed basic income program that would target domestic abuse survivors. "Oftentimes, simple solutions are the most effective, and studies have proven that Guaranteed Basic Income works.
Persons: It's, , Councilmember Hugo Soto, Martínez, Councilmember Curren, Marqueece Harris, Dawson, CIFD, We've, Harris Organizations: LA, Service, Los Angeles City, Soto, National Network, Investment, Families Department, City Council Locations: Los Angeles, Councilmember Curren Price, LA
The Ubisoft logo displayed during the Brand Licensing Europe at ExCel London on September 24, 2024. Shares of French video game publisher Ubisoft surged over 30% on Friday after a media report that Tencent and the firm's founding Guillemot family are considering a potential buyout of the company. Bloomberg News reported Friday that Tencent and the Guillemot family, which are both minority shareholders of Ubisoft, are considering a buyout among other options after the company lost more than half its market value this year. Shares of Ubisoft were last trading around 30% as of 3:20 p.m. London time. Please refresh for updates.
Organizations: ExCel London, Ubisoft, Bloomberg Locations: London
Head of LinkedIn MENA discusses new sentiment survey
  + stars: | 2024-10-04 | 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 EmailHead of LinkedIn MENA discusses new sentiment surveyAli Matar, head of LinkedIn MENA and EMEA growth markets, discusses how professionals in the UAE, Saudi Arabia and globally are navigating workplace changes.
Persons: Ali Matar Organizations: LinkedIn Locations: UAE, Saudi Arabia
Influencer marketers are moving away from campaigns with micro influencers and back to big stars. AdvertisementA few years ago, influencer marketers were ditching their plans to hire celebrity content creators for brand deals in exchange for influencers with smaller audiences. Micro influencers as a category of work dropped from 74% to 62% between 2023 and 2024, while nano influencer work fell from 37% to 28%. One micro influencer, Bethany Everett-Ratcliffe, said she'd felt this impact on her business. Other marketers have reported up to 20% cost increases among micro influencers between 2023 and 2024.
Persons: , Kim Kardashian, influencers, Linqia, Bethany Everett, Ratcliffe, she'd, Keith Bendes, Bendes, James Nord, Sabrina Carpenter's, Michael Cera's, Olivia McNaughten, Jonathan Chanti Organizations: Service, Blank, Viral, UGC Locations: Linqia, Everett
Spirit Airlines may file for Chapter 11 amid major debts after a failed merger with JetBlue. A report of the potential bankruptcy filing sent Spirit's stock tumbling in premarket trade Friday. AdvertisementSpirit Airlines stock plunged in premarket trading on Friday after a report that it may file for Chapter 11 bankruptcy protection. While Spirit faces a turbulent future with a potential Chapter 11 filing, it isn't necessarily a death sentence for the airline. AdvertisementWhen contacted by Business Insider, Spirit Airlines referred to Christie's comments in August's earnings call but didn't comment further.
Persons: , Ted Christie Organizations: JetBlue, Service, Spirit Airlines, JetBlue Airways, Street Journal, Scandinavian Airlines, Delta Airlines, Business Locations: Atlanta
Researchers have now used DNA analysis to uncover just how long ants have been farming fungi, now described in a study published Thursday in the journal Science. To trace the evolution of this relationship between ants and fungi, Schultz and his colleagues built complex family trees. Using the DNA from 475 species of fungi, including 288 species known to be cultivated by ants, the researchers pieced together how all these organisms are related. The study team did the same thing for 276 species of ants, including 208 species of fungus farmers. Ants began farming fungi 66 million years ago after an asteroid hit Earth, according to a new study.
Persons: , Ted R, Schultz, Ant, Atta, Karolyn Darrow, what’s, There’s, ” Schultz, Corrie Moreau, , Moreau, We’re, they’ve, Kate Golembiewski Organizations: CNN, Disney, Smithsonian National Museum of, Cornell University Locations: Washington ,, Chicxulub, Mexico, New York, what’s, Chicago
A millennial with a Ph.D. and over $250,000 in student loan debt said she can't find a job. She's looking for business roles while working as a nurse to help pay the bills. She said she's been forced to expand her job search and explore a new career in nursing to help her make ends meet. AdvertisementRasberry said she thinks the biggest obstacle in her job search is her lack of work experience. She said working remotely would make it easier to keep her nursing job, reduce her commuting costs, and care for her dog.
Persons: , Rasberry, She's, she's, I've, she'd, hasn't, — she's, wasn't, I'm Organizations: Service, Saint Leo University in, Business Locations: Saint Leo University in Florida, Virginia
Jamie Dimon denied Donald Trump's claim that the JPMorgan Chase CEO had endorsed him. AdvertisementJamie Dimon hasn't endorsed Donald Trump — despite what the former president wrote on social media. The Republican presidential nominee posted a photo on Truth Social on Friday of Dimon with a caption above reading, "New: Jamie Dimon, the CEO of JPMorgan Chase, has endorsed Trump for President," beside a red siren emoji. But a spokesperson for JPMorgan Chase told Business Insider, "Jamie Dimon has not endorsed a candidate." Advertisement"I have a lot of respect for Jamie Dimon," Trump told the outlet, adding that, "He is somebody that I would consider, sure," when Bloomberg suggested the possibility of offering Dimon the role of Treasury Secretary.
Persons: Jamie Dimon, Donald Trump's, Trump, Dimon, Elon, , Jamie Dimon hasn't, Donald Trump —, JPMorgan Chase, Tesla, Elon Musk, Mark Cuban, Kamala Harris, — Dimon, he'd, Nikki Haley, Trump's, CNBC's Organizations: JPMorgan Chase, Service, Republican, JPMorgan, Business, SpaceX, Trump, Democratic, Bloomberg Businessweek, Bloomberg, NATO, CNBC, TV18, White Locations: China
James O'Brien is a UC Berkeley professor who says tech graduates struggle to secure top jobs. O'Brien says we need to embrace universal basic income as AI shrinks the job market. AdvertisementThis as-told-to essay is based on a transcribed conversation with James O'Brien, a professor at the University of California, Berkeley. There's still demand for people, and some people are getting jobs, but not across the entire industry. AdvertisementThere are also people coming from other schools that don't have quite the strong reputation that Berkeley does, and they're not getting job offers at all.
Persons: James O'Brien, O'Brien, , I've, It's, it's, they're, that's Organizations: UC Berkeley, Service, University of California Locations: Berkeley
Banks up : Financials were also strong Friday, with Wells Fargo and Morgan Stanley our top performers on the session. Beer boss : Shares of Club stock Constellation Brands were bouncing Friday, one day after a steep post-earnings slide . As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, It's, WTI, Prices, Banks, Wells, Morgan Stanley, Wells Fargo, Jim, Goldman Sachs, Beer, Bill Newlands, Newlands, Jim Cramer's Organizations: CNBC, ., Fed, West Texas, Drug Administration, Centers for Disease Control, National Institutes of Health, NEC, Club, Abbott Laboratories, Constellation Brands, Modelo, Constellation, Morning, Costco, Jim Cramer's Charitable Locations: U.S, Israel, Mexico, Wells
CERN is revoking access for 500 Russian scientists over the Ukraine war, cutting them off from key facilities. But experts say the move is a major setback for Russian science, and is fueling brain drain. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Pierre Albouy/ReutersTriggering a Russian brain drainScientific experts, including several with working ties to CERN, spoke about the consequences to Russia and the wider scientific community. Advertisement"The relationship with Russian scientists has always been very strong because they have a very long and very good reputation in particle physics," Grimes said.
Persons: , Denis Balibouse, Mikhail Kovalchuk, Sidortsov, Vladimir Putin, CERN's, Pierre Albouy, Kate Shaw, Roger Cashmore, Robin Grimes, Putin, Grimes, Lionel Flusin, It's, Arnaud Marsollier, Marsollier, Anja Niedringhaus, Tara Shears, Shaw Organizations: CERN, Service, European Organization for Nuclear Research, Collider, Joint Institute for Nuclear Research, Reuters, Kremlin, TASS, Kurchatov Institute, UK's University of Sussex, London's Imperial College, Foreign, Commonwealth Office, Getty, Novaya Gazeta Europe, Nature, CERN's Globe, UK's University of Liverpool Locations: Ukraine, Geneva, Switzerland, Russia, Belarus, Moscow, Europe, Russian, Soviet, Novaya, CERN's
Treasury yields dip ahead of September jobs report
  + stars: | 2024-10-04 | by ( Jenni Reid | ) www.cnbc.com   time to read: +1 min
The 10-year Treasury yield was lower by one basis point at 3.84%, while the yield on the 2-year Treasury was also one basis point lower at 3.697%. U.S. Treasury yields were slightly lower early Friday as investors gear up for the closely watched September jobs report. Treasury yields rose on Thursday after ADP data showed private payrolls grew by more than expected in September. Private companies added 143,000 jobs, ahead of August's figure of 103,000 and a forecast of 128,000. That was given as justification for the jumbo 50-basis-point interest rate cut carried out by the Fed last month.
Persons: Dow Jones, Jerome Powell, Powell Organizations: Treasury, U.S, Fed
Hezbollah has lost contact with Safieddine since the strike, a Lebanese security source told CNN on Saturday. Just like Nasrallah, Safieddine is a staunch critic of Israel and the West, with deep alliances with the Iranian leadership. The executive council is one of five bodies that make up the Shura Council, which is the organization’s decision-making body. The executive council oversees political matters, as opposed to the Jihad Council which is the group’s military body, which Safieddine is a member of. The United States designated Hezbollah a foreign terrorist organization in 1997, and in 2017 designated Safieddine a foreign terrorist.
Persons: Hassan Nasrallah, Safieddine, Nasrallah –, Nasrallah, Israel, Qasem Soleimani, Safieddine’s, Soleimani’s, Sayyid, , Prophet Mohammed, Nasrallah “, They’ve, ” Phillip Smyth, , , ” Saffiedine, Washington Organizations: CNN, Shura, Jihad, Iran’s Revolutionary Guard Corps, Reuters, United Locations: Beirut, Iran, Baghdad, Lebanese, Deir Qanoun En, Gaza, Lebanon, Iraq, Afghanistan, United States
Celebrities who partied with Combs may want to consult their lawyers, entertainment attorneys told BI. AdvertisementCelebrities who attended Sean "Diddy" Combs' parties should consider lawyering up, even if they attended one of his more high-profile soirees. "He's had many legitimate parties over the years and, chances are, most celebrities and guests were not aware of his sex parties." AdvertisementThe "Freak Offs," prosecutors say, occurred regularly, often in hotel rooms, and sometimes lasted multiple days. "Sean Combs' white parties and other events were iconic, a true convergence of hip-hop, Hollywood, and Black excellence.
Persons: Sean, Diddy, Combs, , Wayne Dennison, Brown Rudnick, Johnny Depp, Amber Heard, Dennison, Neama Rahmani, they're, Rahmani, Stuart Morton, Camron, Mills Sadat Dowlat, Tre Lovell, Lovell, He's, Marc Agnifilo, Jane Rosenberg, Sean Combs, Johnny Nunez, WireImage, Adria, Jonathan Davis Organizations: Service, Hamptons, West, Trial, Getty, Los, Lovell, Reuters, White Party Locations: Beverly Hills, St, Manhattan, Brooklyn, Los Angeles, Miami
CNN —The US Supreme Court will decide whether a federal law prevents Mexico from suing gun distributors for allegedly facilitating the flow of firearms to drug cartels. The court had already agreed to hear cases on President Joe Biden’s regulation of “ghost guns” and vaping. Mexico says gunmakers are recklessIn its lawsuit, Mexico alleged the manufacturers and distributors were aiding and abetting the purchase of their firearms by dealers known to supply drug cartels. At the heart of the dispute before the Supreme Court is the 2005 federal law passed by a GOP-led Congress. Lawyers for Mexico, which asked the court not to disturb the 1st Circuit’s ruling, defended the ruling’s rationale and argued that it was premature for the Supreme Court to take up the case.
Persons: Joe Biden’s, Donald Trump, gunmakers, Marlean Ames, Ames, , Biden, Ruben Gutierrez, Escolastica Harrison, Marcellus Williams, Felicia Gayle, Williams, CNN’s Devan Cole Organizations: CNN, Smith & Wesson, Arms, GOP, Circuit, Twitter, ISIS, Lawyers, Department of Youth Services, Appeals, Nuclear Regulatory, Nuclear Regulatory Commission, Storage Partners Locations: Mexico, Mexico’s, Cincinnati, Ohio, Texas, Oklahoma
Now through October 19, Blue Nile is offering up to 30% off select jewelry, including earrings, necklaces, bracelets, and engagement rings that we love. Keep scrolling to find some of my favorite Blue Nile deals. View at Blue NileFurther reading: Buying an engagement ring with a credit cardWhat should I buy from Blue Nile? Though you can definitely invest in some beautiful earrings, bracelets, and necklaces from Blue Nile, our style team especially loves the brand's engagement rings. When does the Blue Nile sale end?
Persons: I've, you've Organizations: Business Locations: Blue
SHANGHAI, CHINA - MARCH 7, 2023 - The Oriental Pearl Tower, Shanghai Tower, Jinmao Tower and World Financial Center are seen on Lujiazui Street, Shanghai, China, March 7, 2023. China stocks will keep rising after markets in the mainland reopen following the Golden Week break, analysts predicted. Beijing's announcements of economic support last week have fueled China's CSI 300 blue-chip index to rally over 25% in a nine-day winning streak. Then, Hong Kong stocks dropped on Thursday, ending a 6-day winning streak and sparking fears that China's stimulus rally could have started to fizzle out. Beijing's recent stimulus blitz coupled with higher participation from retail investors will likely fuel a longer rally, he said.
Persons: Eugene Hsiao, Shehzad Qazi, Qazi, Shaun Rein, it's, Rein, Ting Lu Organizations: Financial, CSI, of China Equity, Macquarie Capital, China Market Research Locations: SHANGHAI, CHINA, Shanghai, China, Hong Kong
With homes becoming increasingly unaffordable, more buyers are using an increasingly popular strategy to lower their mortgage rate. Buying points — also referred to as "discount points" or "buying down the rate" — involves paying extra to your lender at closing to reduce the interest rate on a mortgage. That reduced rate results in smaller monthly payments and long-term interest savings over the life of the loan. A larger down payment reduces the total loan amount, which also has the effect of lowering monthly payments. Ultimately, whether a larger down payment or buying points will actually lower your monthly payments depends on your specific loan terms.
Persons: That's, Aaron Gordon Organizations: Guild Mortgage
Over the last few months, mortgage rates have dropped dramatically, going from near 7% to below 6%. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. You can calculate this by dividing your closing costs by the amount you're saving on your monthly mortgage payment. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data. Now that the Fed has started lowering its benchmark rate, mortgage rates are down.
Persons: they've, Freddie Mac Organizations: ADP, Federal Reserve, Zillow, ARM, Federal Housing Administration, Department of Veterans Affairs, Fed Locations: Chevron
In a speech to Congress, also on Tuesday, with López Obrador sitting a few steps from her, the promises seemed more tangible. It is far less than the 2.6 million barrels per day López Obrador promised at the beginning of his term. Experts said Mexico would not be able to increase oil production using traditional methods, because its fields are getting tapped out. Mexico is almost out of oil,” said Adrian Fernandez, who holds a PhD in environmental science from Imperial College London and directs the Mexico Climate Initiative, a think tank. Before leaving office, López Obrador pushed through a constitutional reform that strongly favors the Federal Electricity Commission.
Persons: , Claudia Sheinbaum, Andrés Manuel López Obrador, , López Obrador, Sheinbaum, Rosanety Barrios, Enrique Peña Nieto, Adrian Fernandez, Fernández, Hurricane John, Hurricane Otis, Claudia, ” Barrios Organizations: MEXICO CITY, Federal Electricity Commission, Mexican Energy Regulatory Commission, Ministry of Energy, Imperial College London, Mexico Climate Initiative, United Nations, Hurricane, CFE, Associated Press Locations: MEXICO, López, Mexico, Paris, Dos Bocas, Acapulco, Guerrero, AP.org
CNN —For humans, flashing a smile is an easy way to avoid misunderstanding. And, according to a new study, bottlenose dolphins may use a similar tactic while playing with each other. The study, which was published Wednesday in the journal iScience, found that dolphins make an open-mouthed expression, comparable to a “smile,” during their play. iScience Maglieri et alMuch loved – and anthropomorphized – by humans, dolphins are known for their playfulness, rich social lives, and complex communication with one another. “When dolphins play together, a mix of whistling and visual cues helps them cooperate and achieve goals, a strategy particularly useful during social play when they’re less on guard for predators,” he added.
Persons: , , Heather Hill, wasn’t, extrapolating, I’m, iScience Maglieri, , Livio Favaro, Hill Organizations: CNN, St, Mary’s University, Dolphins, “ Dolphins, University of Turin Locations: Italy, France, Rome, Planète Sauvage, San Antonio , Texas
Among undecided and persuadable voters Personality/behavior No biggest concern Ethics/honesty Ability to do the job Threat to democracy Race/racism/sexism Court cases/convictions Abortion Immigration Other 10 20 30% What, if anything, is your biggest concern about Kamala Harris? Among undecided and persuadable voters Honesty/trustworthiness Judgment/character No biggest concern Economy Lack of experience Ideology Need to know more Immigration Track record Other 10 20 30% What, if anything, is your biggest concern about Donald Trump? Among undecided and persuadable voters Personality/behavior No biggest concern Ethics/honesty Ability to do the job Threat to democracy Race/racism/sexism Court cases/convictions Abortion Immigration Other 10 20 30% What, if anything, is your biggest concern about Kamala Harris? White woman, 30s, Arizona “Little power hungry.”White man, 30s, North Carolina “His authoritative tendencies.”Woman, 40s, Michigan “Probably his rhetoric, maybe, and how he presents himself. Voters specifically mentioned costs and inflation, a persistent concern among undecided and not fully decided voters over the last few months.
Persons: Donald J, Trump, Kamala Harris, , He’s, , ” “, Georgia “, Joe Biden, Donald Trump, , Donald Trump’s, Michigan “, doesn’t, Harris, Trump’s, ” Harris, she’s, North Carolina “, She’s, I’m Organizations: The New York Times, Siena College, New York Times, Trump, Wisconsin, North Carolina “, Michigan, North Carolina “ Democrats Locations: Ohio, Arizona, Wisconsin, Georgia, Arizona , Georgia, Michigan, North Carolina , Ohio, Siena, North Carolina
I have a husband and several children, and from the outside, it definitely looks like a traditional setup. Our family life looks traditional in many ways, but in other ways, it isn'tOur life does align with the "provider/protector" and "nurturer/homemaker" gender roles in some ways, and in some ways, looks traditional on the surface. My husband is the primary earner for our family; he works full-time as an engineer to provide for the expanses of our family. I am the primary caretaker for our kids and work to take care of and run the details of our household. For some years in our marriage, my husband didn't understand — and therefore didn't appreciate — all I contributed.
Persons: it's, I'd, we've, I'm, Amber Adrian, Amber Adrian Another
As concerns about flooding, extreme temperatures, and wildfires grow, this tool also helps agents inform their clients in discussing climate risk, insurance, and long-term affordability." But climate risk firm First Street, which incorporates the effects of climate change into its property risk scores, shows nearly 12% of homes in the state at flood risk. Each for-sale listing on Zillow now displays First Street risk scores for flood, fire, wind, air and heat. This is especially true for the flood risk, because climate change is already intensifying the severity of rainfall, even in minor storms. More than 80% of buyers now consider climate risk when purchasing a home, according to a survey by Zillow.
Persons: Skylar Olsen, Hurricane Helene, Ed Kearns, We've, Zillow, Kearns Organizations: FEMA, Federal Emergency Management Agency, Government, First Locations: North Carolina, Carolina
The bombardment, which Israel says is targeting Hezbollah strongholds in the country, marks the world’s “most intense aerial campaign” outside of Gaza in the last two decades, according to the conflict monitoring group Airwars. “This isn’t normal,” Tripp said of both the scale and size of Israel’s strikes on Lebanon. CNN teams in Beirut this week found that many Israeli strikes happened without prior warning. Umm Mohammed and her five-year-old son who escaped the Israeli bombardment of southern Lebanon, are now sheltering under a tarpaulin on a seaside boardwalk in Beirut. More than 100 villages in southern Lebanon have now been issued the evacuation notices, stoking fears of an expanded ground invasion.
Persons: CNN — Israel, Emily Tripp, Raqqa, Israel, ” Tripp, Hassan Nasrallah, Umm Mohammed, Jomana Karadsheh, , Michael Adams, , stoking Organizations: CNN, ISIS, Amnesty, CNN Hezbollah, CARE International, Residents Locations: Lebanon, Israel, Gaza, United States, Afghanistan, Beirut, Jomana, Iran, Gaza –, Dahiyeh, Beirut –
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