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Over the last several years, such upstart consumer brands have been gaining market share in China and South Korea, according to a report from Bain and Company released Monday. China and South Korea stood out as markets where insurgent brands were doing particularly well. In South Korea, incumbent brands dominated just four sectors — fragrances, confectionery, diapers and bottled water, the report showed. High penetration of e-commerce in Indonesia (26%) and Singapore (13%) also gave insurgent brands a boost. Incumbent brands still hot

Persons: David Zehner, Bain, Zehner, There's, It's Organizations: Future Publishing, Bain and Company, Bain, CNBC Locations: Qingzhou city, East China's Shandong, Asia, China, South Korea, Pacific, South, Indonesia, Singapore, Malaysia, Philippines, India, confectionary

Since most Americans last voted for Congress, thousands of people have been added to certain voting districts — and subtracted from others — under new political maps enacted following court rulings. Here's a look at how voting districts have changed — or could change — before the November elections and what affect that could have on the battle for control of Congress. Perhaps the most notable is Florida, where a trial judge in September ruled that U.S. House districts pushed by Republican Gov. Litigation over congressional districts also is lingering in Arkansas, South Carolina, Tennessee, Texas, Utah and Wisconsin. The reshaping of voting districts matters, but doesn't necessarily pre-determine the outcome of elections.

Persons: George Santos, Ron DeSantis, “, ”, Chris Warshaw, Warshaw, Jeffrey Wice Organizations: Republicans, GOP, George Santos of New, Supreme, Republican, Assembly, Democratic, New, New York Legislature, Republican Gov, Florida Supreme, George Washington University, Voters, New York Law, Redistricting Locations: November’s U.S, Alabama , Georgia, Louisiana, North Carolina . New York, New, George Santos of, George Santos of New York, U.S, Alabama, Georgia, North Carolina, New York, Florida, Arkansas , South Carolina , Tennessee , Texas , Utah, Wisconsin

The leading Democrat in the primary is George Whitesides, a former NASA chief of staff supported by the campaign arm of House Democrats. A STRONGLY DEMOCRATIC DISTRICT THAT VOTES REPUBLICANThe Central Valley farm belt is a political conundrum. Gray, who is backed by the campaign arm of House Democrats, argues that his party can’t reclaim the House majority without winning his district. Rollins, who is backed by the campaign arm of House Democrats, says it's time for new leadership and has depicted Calvert as an extremist. “House Democrats are ready to find common ground and a bipartisan path forward.”

Persons: Richard Nixon, Ronald Reagan, hasn’t, Joe Biden, —, Gavin Newsom, Donald Trump, Newsom, ” Newsom, Trump, Mike Garcia, Garcia, — Garcia, George Whitesides, He's, “, Katie Porter, Scott Baugh, Porter, Sen, David Min, Joanna Weiss, David Valadao, Democrat T.J, Cox, Rudy Salas, Valadao, Salas, Chris Mathys, Melissa Hurtado, Republican John Duarte, Democrat Adam Gray, Gray, Ken Calvert, Will Rollins, Calvert, Rollins, Michelle Steel, Kim Nguyen, Derek Tran, Steel, Mike Levin, Levin, ” Organizations: ANGELES, —, Republican, Democratic, GOP, White House, LA COUNTY, District, Navy, Trump, California’s, Los Angeles, NASA, Democrats, REAGAN, Orange, “ Reagan, U.S, Senate, Central, Republicans, Democrat, CENTRAL, ANGELES Rep, SOUTH, Republican Rep, Capitol, Steel, Democratic Party, Hamas, American, DEMOCRAT, DISTRICT, Biden, Marine, Base, Congress, “ Locations: California, Southern California, rematches, Washington, Democratic Los Angeles County, Los Angeles, Mexican, Central, Salas, Palm Springs, Korean, Capitol Hill, Orange County, Israel, Orange, San Diego, Coastal California, Pendleton

☆ A startup airline that wants to fly Airbus A380 planes between New York and London said it bought its first superjumbo
▼ + stars: | 2024-02-05 | by ( Taylor Rains | ) www.businessinsider.com time to read: +5 min

British startup carrier Global Airlines said on Friday that it had fully acquired an Airbus A380 jet previously owned by China Southern Airlines. MSN 120, however, is not the same plane that Global said it acquired back in May 2023. Following the purchase of MSN 120, Global expects to acquire three more A380s and hopefully launch commercial flights "later this year," it said. "The renaissance of the A380 is really the focus of Global Airlines," HiFly CCO Richard Stephenson said in a December video posted by Global. Simple Flying reported Global would refurbish MSN 120 but keep its China Southern seats.

Persons: James Asquith, Richard Stephenson, Asquith, Hospitio, Brad Beakley, Beakley Organizations: Global Airlines, Airbus, China Southern Airlines, MSN, Global, CNN, Singapore Airlines, China Southern, 9H, Center for Aviation, Portuguese, HiFly, Global Airlines Asquith, Boeing, Weekly, Gatwick, American Airlines, luxe, Travel Locations: Malta, China, London, New York, Los Angeles

MADISON, Wis. (AP) — Eagerly awaited redistricting reports that will recommend new maps expected to reshape the balance of power in the Wisconsin Legislature are due to the state Supreme Court on Thursday. Republicans have indicated that they plan an appeal to the U.S. Supreme Court, arguing due process violations, but it’s not clear when that would come. It ultimately will be up to the Wisconsin Supreme Court, with a 4-3 liberal majority, to decide which maps to enact. Evers on Tuesday vetoed a last-ditch effort by Republicans to enact new lines to avoid the court ordering maps. The Wisconsin Supreme Court has also been asked by Democrats to take up a challenge to the state's congressional district lines.

Persons: —, Tony Evers, ”, Evers Organizations: Republicans, GOP, Gov, Democratic, Wisconsin Supreme, U.S, Supreme, Senate, Marquette University, . House Locations: MADISON, Wis, Wisconsin

☆ Indonesia Leader Accused of Bias, Interference in Presidential Election
▼ + stars: | 2024-02-01 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +3 min

In Indonesia, sitting presidents are allowed to campaign for candidates provided they do not use state resources and take official leave to do so, but incumbents have typically remained neutral. The furore has prompted Jokowi to repeatedly clarify his stance and even show reporters print-outs of the election law to clear his name. "Some of our campaign activities were indeed cancelled or not permitted by various local governments...and non-governmental entities, which likely were influenced by those in power," said Ade Chandra, a campaign spokesperson for rival presidential candidate Anies Baswedan. State rice handouts have allegedly included Prabowo campaign stickers, prompting complaints from rivals, according to media. Discontent with Jokowi's actions is also extending to his cabinet, from which chief security minister Mahfud MD, who is a vice presidential candidate on a rival ticket, has said he will resign soon.

Persons: Kate Lamb, Stanley Widianto, Joko Widodo, Prabowo Subianto, Prabowo, Jokowi, Ade Chandra, Anies Baswedan, Mahfud, Kanupriya Kapoor, Raju Gopalakrishnan Organizations: Defence, Prabowo, Gadjah Mada University Locations: Stanley Widianto JAKARTA, Indonesia, alma, Gadjah Mada

☆ Opinion: Trump is a strong candidate. Democrats need to take him seriously.
▼ + stars: | 2024-01-25 | by ( Julian Zelizer | ) edition.cnn.com time to read: +7 min

CNN —Democrats should not make the mistake of underestimating former President Donald Trump. Moreover, they note, Haley was able to win independent voters who theoretically would be more amenable to President Joe Biden than Trump in the fall. Moreover, the number of Republicans who keep saying they won’t vote for Trump under any circumstances, gives Democrats hope that on Election Day, many voters in the GOP won’t turn out. But these arguments downplay the threat Trump will pose to Biden in November by ignoring several fundamentals. Trump is succeeding even though the United States has never had a major presidential candidate saddled with so much legal baggage.

Persons: Julian Zelizer, Donald Trump, Hillary Clinton, —, Nikki Haley —, Trump, Haley, Joe Biden, Biden, That’s, — Trump, pollsters, Karl Marx, Lyndon Johnson, Arizona Sen, Barry Goldwater, Simon Rosenberg, Ezra Klein Organizations: CNN, Princeton University, The New York Times, America, Democratic, Trump, GOP, Republican, WWE, Republican Party, Biden, Arizona, New York Times Locations: New Hampshire, United States

☆ Biden is ready to turn the page toward a face-off with Trump. His path to reelection won’t be an easy one.
▼ + stars: | 2024-01-24 | by ( Kevin Liptak | ) edition.cnn.com time to read: +10 min

Hours after, he was projected to win the New Hampshire primary race even though his name wasn’t on the ballot. “In politics, you run like you’re down when you’re winning or when you’re losing,” Biden campaign co-chair Cedric Richmond said Wednesday. “I think President Biden’s going to help people win, in the end. That is part of what influenced the decision, announced Tuesday, to shift two key West Wing advisers from the White House to Biden’s campaign. But one thing Biden’s teams believe will help center their arguments is a clearer race between Biden and Trump.

Persons: Joe Biden, Donald Trump, Biden, Janet Yellen, you’re, ” Biden, Cedric Richmond, “ We’re, ”, Nikki Haley’s, Quentin Fulks, Gaza Biden, Joe ”, Debbie Dingell, Jake Tapper, Dingell, Biden’s, We’ve, we’ve, “, Jen O’Malley Dillon, Mike Donilon, David Axelrod, Barack Obama, that’s, Lyndon Johnson, Jim Clyburn, Trump, he’s, milkshake Organizations: Washington CNN, Trump, Republican, New, United Auto Workers, UAW, White, Michigan Democrat, ” Democratic, West, White House, Democratic, CNN, ”, Wing, Biden, Hamas Locations: Gaza, Virginia, New Hampshire, Michigan, Wisconsin, Iowa, Israel, Northern Virginia, Wilmington , Delaware, South Carolina, Nevada

☆ Forta is betting big that AI can help improve access to autism therapy. Take a look at the presentation the healthcare startup used to raise $55 million from Insight Partners.
▼ + stars: | 2024-01-23 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +3 min

The healthcare startup, Forta, raised a Series A funding round in January led by Insight Partners. Das added that because every child using Forta receives personalized care, the startup's AI is trained to look at health records and recommend treatments. Indeed, a clinician shortage is creating opportunities for digital health startups to build out mental healthcare services. Mental health coaching startup tapouts just raised a $3.2 million seed round, while incumbents Brightline and Hazel Health have each raised tens of millions of dollars to provide pediatric mental healthcare. Take a look at the 14-slide pitch deck Forta used to raise its $55 million Series A funding round.

Persons: —, Warby Parker, Allbirds, Forta, Ritankar Das, Forta's, Das, Hazel Organizations: Service, Business, Insight Partners, Exor Ventures, Ventures, Mental, Hazel Health

MADISON, Wis. (AP) — Wisconsin Republicans made a last-ditch effort Tuesday to avoid having the liberal-controlled state Supreme Court put in place new legislative district boundaries for the November election. Political Cartoons View All 253 ImagesThe Wisconsin Supreme Court last month tossed the current Republican-drawn district boundaries as unconstitutional and ordered new maps. This is their last-ditch, disingenuous attempt to hold on to power.”All maps under consideration by the Wisconsin Supreme Court are expected to shrink Republican majorities. LeMahieu said the changes Republicans were proposing to Evers' maps would not affect the partisan breakdown of each district. It was that bill that Senate Republicans proposed amending before passing it Tuesday.

Persons: Devin LeMahieu, Tony Evers, LeMahieu, Evers, ” Evers, Britt Cudaback, ” Cudaback, “, “ It’s, Republican gerrymander, Dianne Hesselbein, John D, Johnson, he’s Organizations: — Wisconsin Republicans, Senate, Republican, Associated Press, Democratic Gov, Assembly, Wisconsin Supreme, Republicans, Democratic, Marquette University Law School Locations: MADISON, Wis, Wisconsin

☆ SoftBank leads TravelPerk's $104 million fundraising, in a bet that AI will reshape corporate travel
▼ + stars: | 2024-01-23 | by ( Ryan Browne | ) www.cnbc.com time to read: +4 min

TravelPerkBarcelona-based startup TravelPerk, which helps automate corporate travel and expenses, has raised $104 million in fresh funding from Japanese tech investing giant SoftBank and a flood of other names, to invest in artificial intelligence development and new products. SoftBank invested $70 million in TravelPerk's latest round, which the company said was an extension of its "D-1" funding round. The fundraising round shows SoftBank is placing a major bet on a company driving disruption in corporate travel through new technologies, such as AI — which has seen significant buzz since the November 2022 launch of OpenAI's ChatGPT. Whereas many travel agents operate on low single digits gross margins, Meir says that TravelPerk's profit margin stood at 60% last year. TravelPerk competes with American Express, BCD Travel, SAP Concur and Navan in the corporate travel management space.

Persons: Avi Meir, TravelPerk, Felix, SoftBank, that's, Meir, Roy Hefer Organizations: SoftBank Vision, Felix Capital, American, CNBC, American Express, SAP Locations: TravelPerk Barcelona, Navan, U.S

☆ New Hampshire Primary: Wake-Up Call or Last Call?
▼ + stars: | 2024-01-19 | by ( Susan Milligan | ) www.usnews.com time to read: +7 min

Should Trump's lead hold, says Andrew Smith, director of the University of New Hampshire poll, Trump will become the first candidate – aside from sitting presidents – to win both the Iowa caucuses and the New Hampshire primary. "We're so far past the days when voters nationally were really just waking up" to the campaign debates in the early weeks of a presidential election year, says Dante Scala, a University of New Hampshire professor and author of the book "Stormy Weather: The New Hampshire Primary and Presidential Politics." New Hampshire GOP voters, however, are a different breed of Republicans, Smith says, focusing more on fiscal conservatism and small government. Haley has 36% support and DeSantis 6% backing among primary voters. Trump seems to think so, too: He has focused much of his vitriol in the waning days of the New Hampshire campaign on Haley.

Persons: Bill Clinton, Sen, John McCain's, Barack Obama, Hillary Clinton, Joe Biden, Donald Trump, aren't, isn't, Marianne Williamson, Dean Phillips, Trump, Nikki Haley, Ron DeSantis, Andrew Smith, –, Haley, Williamson, Phillips, Biden, Dante Scala, Smith, Chris Christie, Vivek Ramaswamy, Christie, Ramaswamy, DeSantis, Michael Binder, Binder, He's, Barack Hussein Obama Organizations: Hillary Clinton Democratic, Democratic, Democratic National Committee, New Hampshire, Gov, Florida Gov, University of New, New, Biden, Trump –, GOP, New Hampshire GOP, Independents, Trump, New Jersey Gov, Saint Anselm College Survey Center's New Hampshire Institute of Politics, United Nations, Suffolk University, Boston Globe, University of North, Palmetto State, Republican Party, Social Security Locations: New Hampshire, New, University of New Hampshire, Iowa, Hawkeye, New Jersey, Boston, University of North Florida, South Carolina, Palmetto, Portsmouth

It's a constant source of frustration for the Minnesota congressman challenging President Joe Biden for the Democratic nomination. Sure, Phillips is on the ballot in New Hampshire, which holds its primary Tuesday. Biden won't debate Phillips, which is standard behavior for incumbent presidents with primary opponents. And the Biden campaign declined to weigh in on Phillips’ candidacy – also standard for incumbents not facing serious threats from challenges within their own parties. Democratic activists are mounting a write-in campaign for Biden.

Persons: Dean Phillips, It's, Joe Biden, Phillips, Biden –, Donald Trump –, –, Biden, It's Biden, irks Phillips, Donald Trump, Jim Demers, – Phillips, it's, doesn't, He's, Democrats –, Marianne Williamson, Elon Musk, Bill Ackman Organizations: Democratic, North Carolina Democrats, Democratic National Committee isn't, Biden, Trump, Democrats, GOP, CNN, New Hampshire Democratic, Medicare, Republicans, Democratic Party, People, American Research Group, New Hampshire –, University of New, Twitter, Cabinet Locations: Minnesota, Florida, New Hampshire, Granite State, –, Mexico, United States, Israel, South Carolina, University of New Hampshire

Two accused Moreno and Bernie Moreno Cos. of gender and age discrimination, respectively. The third, in which Moreno was not named, alleged race discrimination against a dealership run by a BMC subsidiary. A campaign spokesman said that the two employees who sued Moreno directly now support his Republican U.S. Senate campaign and that Moreno, who was born in Bogotá, Colombia, prided himself on giving equal opportunities to all his workers. Female former dealership supervisor Cara Wilson, then of Streetsboro, in Portage County, alleged Moreno repeatedly belittled her about being a mother, sometimes in front of her peers. In response to the AP's reporting, the Moreno campaign produced an open letter signed by 23 former female employees vouching that he treated them fairly and respectfully.

Persons: — Bernie Moreno, Moreno, Bernie Moreno Cos, Donald Trump, Frank LaRose, Sen, Matt Dolan, “ Bernie Moreno, MAGA, ” Trump, Jim Jordan, Ohio, Ken Blackwell, Democratic U.S . Sen, Sherrod Brown, Brown, Cara Wilson, Streetsboro, belittled, ”, Wilson, Moreno “, Ronell Thompson, Peter Mabley, Thompson, Dolores Wolfe, Wolfe, Conor McGuinness, “, Bernie, Robert Foehl, Foehl, it's, “ It’s, Andres Gomez Organizations: Trump, Senate, Cleveland, Associated, BMC, Republican U.S, Ohio, GREAT, United States Senate, U.S . Rep, GOP, Democratic U.S ., AP, Akron Infiniti, M9 Motors, Ohio University, M10 Motors, Gables Infiniti Locations: COLUMBUS , Ohio, Cuyahoga County, Bogotá, Colombia, Ohio, Portage County, Akron, Cleveland, Rocky, New York, U.S, Florida

Political Cartoons View All 253 ImagesDemocrats are also encouraged by Texas Republican Sen. Ted Cruz eking out reelection in 2018 by less than 3 percentage points over Democrat Beto O'Rourke. In Florida, meanwhile, Republican Sen. Rick Scott won his seat that year by around 10,000 votes out of 8.1-plus million cast. In Texas, Democratic Rep. Colin Allred of Dallas will have to overcome primary challenger Roland Gutierrez, a state senator from San Antonio, before he can take on Cruz. “Just 'cause they’re the best options they have doesn’t mean they're winnable, doesn't mean they're competitive,” said Texas Republican strategist Matt Mackowiak. National Republicans are eying Ohio, where Democratic Sen. Sherrod Brown was first elected in 2006, and Montana's Jon Tester, also a three-term Democratic incumbent.

Persons: Joe Biden's, West Virginia Democratic Sen, Joe Manchin, Roe, Wade, Dallas, Kate Cox, Texas Republican Sen, Ted Cruz eking, Democrat Beto O'Rourke, Republican Sen, Rick Scott, “, Michigan Sen, Gary Peters, Debbie Mucarsel, Powell, Carlos Curbelo, Colin Allred, Roland Gutierrez, hasn't, O'Rourke, Cruz, ”, Matt Mackowiak, ′, West Virginia . Montana Sen, Steve Daines, Scott, Democratic Sen, Sherrod Brown, Jon Tester, Daines, Trump, Mucarsel, Allred, Cox, I’ve, “ Rick Scott, ” Mucarsel, Biden, “ Debbie Mucarsel, ” Scott, Jonathan Turcotte, Catherine Cortez Masto, can’t, Beto, MacKowiak Organizations: WASHINGTON, —, West Virginia Democratic, Republicans, Texas Republican, Democrat, Republican, Democratic, Democratic Senatorial, West Virginia ., National Republican Senatorial Committee, National Republicans, Senate, GOP, Trump, Texans, Social Security, Biden, Nevada Sen, NFL, Democrats ’ Senate Locations: Texas, Florida, In Florida, Michigan, Miami, In Texas, San Antonio, Cruz . Texas, West Virginia, West Virginia . Montana, Ohio, Illinois , Texas , Michigan, Pennsylvania, Georgia, U.S, Mexico, Ecuador, Washington

☆ India is blocking TikTok's owner from offering music streaming as the company looks to build a Spotify competitor
▼ + stars: | 2024-01-15 | by ( Dan Whateley | ) www.businessinsider.com time to read: +4 min

TikTok's owner is shuttering its music app Resso in India in response to government orders. The move comes as TikTok is rolling out a separate music app in five countries. AdvertisementTikTok's parent company ByteDance is shutting down its music-streaming app Resso in India at the end of this month, a company spokesperson confirmed to Business Insider. The app blends some of the social features of TikTok with music streaming. The company hasn't announced plans to roll out TikTok Music in India.

Persons: TikTok, —, Resso, hasn't, ByteDance, SiriusXM, Paul Hourican, Moneycontrol Organizations: Service, Business, Apple, Spotify, Apple Music, YouTube, US, BI Locations: India, China, Brazil, Indonesia, Australia, Mexico, Singapore, Mesa , Arizona

☆ Iowa’s most important poll has set the expectations for the GOP caucuses
▼ + stars: | 2024-01-13 | by ( Harry Enten | ) edition.cnn.com time to read: +6 min

The final poll from Iowa’s premier pollster, Ann Selzer, has Trump at 48% followed by former South Carolina Gov. If the final outcome Monday night mirrors the poll, Trump will have won the highest Iowa GOP caucus vote share for a non-incumbent ever. A Haley win in the first primary race in the nation would indicate that Trump is not invincible. He did more than 5 points better than where his final Iowa poll had him. (His 28-point margin over Bradley was the same as the final poll found, as both Bradley and Gore won some undecided voters.)

Persons: Donald Trump, Ann Selzer, Nikki Haley, Ron DeSantis, Trump, –, They’re, Haley, Chris Christie –, George W, Bush, didn’t, Steve Forbes, John McCain, Patrick Buchanan, Bob Dole, Buchanan, McCain, Gary Hart, Walter Mondale, Hart, Haley isn’t, DeSantis, Al Gore, Gore, Bill Bradley, Bradley, Trump . Gore, Dole Organizations: CNN, Trump, South Carolina Gov, Florida Gov, Iowa GOP, Granite State, New, New Jersey Gov, University of New, Dole, Democratic, Republican, Trump . Locations: Iowa, New Hampshire, Granite, New Jersey, University of New Hampshire, Hampshire, Granite State, Trump, South Carolina, Florida

☆ A sports drinks turf war could determine whether beverage stocks bounce back in 2024
▼ + stars: | 2024-01-06 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +5 min

The rise of Prime comes at a time when key beverage stocks are struggling for traction. PEP 1Y mountain Shares of Pepsico have fallen over the past 12 months, along with its two main peers. Pepsi, for instance, is pushing newer versions of Gatorade with Gatorade Zero, G-Fit and Gatorlyte, as well as the Fast Twitch energy drink. Where to invest The exact impact of sports drinks on beverage stocks can be hard to determine. The big three companies do not break out the financials for their sports drink brands individually, and any impact could be outweighed by other categories, like Pepsi's snack foods.

Persons: Ramon Laguarta, —, Logan Paul —, Laguarta, Dr Pepper, Lauren Lieberman, Lieberman, There's, Z'ers, Gerald Pascarelli, Pascarelli, Keurig Dr Pepper, Electrolit Organizations: Pepsico, YouTube, Pepsi, Gatorade, Coca, PEP, Barclays, Holdings, CNBC, Nielsen, Grupo PiSA, Keurig Locations: United States, Mexican, Electrolit, LSEG

☆ Women's health is gaining traction — and a top VC predicts a blockbuster IPO for Maven could pave the way for more transactions
▼ + stars: | 2023-12-26 | by ( Blake Dodge | ) www.businessinsider.com time to read: +4 min

Investors rely on "exits" such as initial public offerings when assigning valuations to similar companies, Farr said. So the lack of attractive data on this front is helping to hold back the women's health category as a whole, she said. "Depressed valuations are keeping the IPO window latched," the authors of the SVB report wrote. Maven ClinicWomen's health, long neglected by VCs, is gaining tractionHistorically, investment in women's health has lagged behind other parts of healthcare. More than 76% of women's health startups have at least one female cofounder, the SVB report said.

Persons: Chrissy Farr, Farr, Maven, Kate Ryder, SVB, Gina Bartasi Organizations: OMERS Ventures, Silicon Valley Bank, Business, Maven

☆ Big M&A and Bob Iger's future: 13 media executives make their anonymous 2024 predictions
▼ + stars: | 2023-12-20 | by ( Alex Sherman | ) www.cnbc.com time to read: +14 min

Executive 2: Bob Iger will, again, extend his contract as Disney CEO Earlier this year, Disney CEO Bob Iger renewed his contract through 2026. This executive predicted "fool me five times, shame on me." This executive predicted Peltz and Rasulo will win their campaign and both join the board. This person predicted Disney would purchase privately held Candle Media to acquire Moonbug Entertainment, the owner of CoComelon. This executive predicted Yaccarino would either lose patience or find her job increasingly pointless and leave the company in 2024.

Persons: Andrew Ross Sorkin, Walt Disney Company Bob Iger, Michael M, David Zaslav, Slaven Vlasic, NBCUniversal, Brian Roberts, Roberts, Donna Langley, Bob Iger, Iger, Nelson Peltz, Jay Rasulo, Marco Bello, Peltz, Rasulo, Disney's, Dana Walden, Dana Walden Jason Laveris, Disney Entertainment Dana Walden, Walden, Bob Chapek, Andrew Wilson, Wilson, Chris Licht wouldn't, McCarthy, Andrew Wilson Michael Newberg, Kevin Mayer, Mayer, Bryan van der Beek, Tom Staggs, Staggs, Jayson Tatum, Kyle Terada, NBCUniversal's Peacock, Alec Martinez, Gray, Discovery's Max, Jeff Zucker, Lady Michelle Obama's, Michelle Obamas, Cheriss, Gerry Cardinale, Jeff Shell, RedBird, Shari Redstone's, David Ellison, Byron Trott, Zucker, Mark Thompson, Linda Yaccarino, X Linda Yaccarino, Vox, Jerod Harris, Yaccarino, CNBC's Julia Boorstin, Boorstin, Elon Musk's, Jason LaVeris, Barbie, Mario, Oppenheimer, LightShed's Greenfield Organizations: Walt Disney Company, New York Times, Santiago, Getty, Jazz, Lincoln Center, Warner Bros ., Comcast, Warner Bros, Discovery, Disney, Trian Fund Management, Future Investment Initiative, Summit, Bloomberg, Filmmagic, Disney Entertainment, Electronic Arts, CNBC, Candle Media, Iger, Media, Moonbug Entertainment, Apple Boston Celtics, Golden State Warriors, USA, National Basketball Association, NBA, Apple, The College, ESPN, College, NHL, MLB, Vegas Golden Knights, Florida Panthers, Mobile, National Hockey League, Diamond Sports Group, Scripps, Gray Television, Las Vegas Golden Knights, Arizona Coyotes, Phoenix Suns, Street Journal, Netflix, Hulu, Max, Paramount, RedBird, Paramount Global, CNN Worldwide, CNN, NurPhoto, BDT, The Ritz, Carlton, FilmMagic, Mario Bros Locations: New York City, Disney, Miami , Florida, Las Vegas , Nevada, Laguna Niguel, Dana Point , California

Read previewThe recent firing and rehiring of OpenAI CEO Sam Altman has put his leadership and personality under a microscope. People who have worked closely with Altman told Business Insider the truth lies somewhere in the middle. Advertisement"The thing I loved about OpenAI is you got to be heard," a former employee told BI. Relationship with MicrosoftWhile Altman is approachable, insiders said his obsession with growing the company can make him seem terse, impatient and superior to other "big tech" companies. AdvertisementAre you a Microsoft or OpenAI employee, or someone else with information to share?

Persons: —, Sam Altman, Altman, he's, He's, OpenAI's cofounders, Altman's, Satya Nadella, There's, OpenAI, doesn't, they've, Mira Murati, Sam, that's, Ashley Stewart, Kali Hays, Darius Rafieyan Organizations: Service, Washington Post, Business, Microsoft, Google, OpenAI Locations: astewart@insider.com, khays@insider.com, drafieyan@insider.com

Bank of America raised its rating on Adecoargo to buy , with its price target pointing to more than 26% upside. The firm maintained its $450 price target on the pizza chain, which implies shares could jump 12.6%. Analyst Doug Anmuth upped his price target by $15 to $220, implying shares could still gain more than 13%. The firm's new $230 price target implies the overweight-rated stock could gain 18.5% over the next 12 months. The analyst increased his 2024 year-end price target to $30 per share, which suggests 32.2% potential upside from Monday's close.

Persons: Piper Sandler, Oppenheimer Oppenheimer, Brian Bittner, Bittner, — Pia Singh, Jessica Reif Ehrlich, Ehrlich, Doug Anmuth, Morgan Stanley, Benjamin Swinburne, Roth, Chip Moore, Moore, Nuvera, Yuri Fernandes, Fernandes, …, Piper Sandler downgrades Albemarle, Charles Neivert, Neivert, Isabella Simonato, Fred Imbert Organizations: CNBC, Bank of America, Spotify, Analysts, JPMorgan, Yale, Hyster, Argentine Locations: Argentina, Albemarle, 4Q23, China, Europe, 2024E, 2025E

Jones mandated Black majorities in one additional congressional district, two additional state Senate districts and five additional state House districts. Political Cartoons View All 1277 Images“A minority opportunity district must be a district where a single racial group is a majority," Echols said Monday. “District 7 was a minority opportunity district in our view. Besides congressional districts, minority coalitions could also be an issue in Georgia’s new state legislative maps, which are moving toward final passage. “And it’s all over this map from District 10 to congressional District 7.

Persons: Rep Lucy McBath, Steve Jones, Jones, Shelly Echols, Echols, ”, Ken Lawler, McBath, Carolyn Bordeaux, Sen, Tonya Anderson Organizations: ATLANTA, Georgia Republicans, U.S, Supreme, Democratic U.S, Rep, District, Gainesville Republican, Circuit, Appeals, Democratic, Republicans, Democrat Locations: Georgia, Atlanta, Georgia's, ”, Gainesville, U.S, Florida, Alabama, Hardee County , Florida, Gwinnett County, Fulton County, Cobb, Douglas, Fulton, Fayette counties, “, Texas, Louisiana, Mississippi, Galveston County , Texas, Michigan, Atlanta’s, Five

As technology titans jockey to back hot new startups, they are extracting explicit or implicit promises of revenue in return. loadingMicrosoft’s injection of $10 billion into OpenAI in January helped kick off the craze. As part of their deal, the ChatGPT operator agreed to exclusively use its new investor’s cloud computing services. Much of the invested capital should be returned relatively quickly as AI firms buy back-end services. Nvidia (NVDA.O) has at least 80% and as much as 95% of the AI market, according to estimates by analysts.

Persons: Sam Altman, Satya Nadella, OpenAI, Optimists, cynics, Jeffrey Goldfarb, Sharon Lam, Aditya Sriwatsav, Streisand Neto Organizations: Reuters, Microsoft, Financial Times, Apple, Nasdaq, Big Tech, OpenAI, Wall Street, Google, Reuters Graphics Reuters, Cisco Systems, Lucent Technologies, Nortel Technologies, Company, Global, Telecom, Nortel, Network, Nvidia, Thomson Locations: OpenAI, Silicon Valley

Shein's website drew 28.6 million unique monthly visitors in October, up 7.25% from a year earlier, according to Similarweb. Amazon trounces both online retailers with 56% of its 268 million unique monthly visits in October resulting in purchases, its data shows. Temu, which launched in the U.S. in September 2022, is offering deals for cheap goods for the holiday shopping season. Shein is ramping up holiday marketing in the U.S. and Europe as it extends its reach and products on its platform. Peter Pernot-Day, head of corporate strategy at Shein, said Shein has advised its marketplace sellers "to optimize their product listings" by "providing competitive pricing and keeping inventory up to date."

Persons: David, Dee, Delgado, Temu, Shein, Inditex's Zara, Melissa Minkow, Peter Pernot, Arriana McLymore, Nick Zieminski Organizations: REUTERS, Missguided, CI, Thomson Locations: New York City, U.S, Singapore, Europe, Similarweb, New York

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