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☆ Russia's April oil and gas revenue could double despite Ukraine hammering its oilfields with drones, report says
▼ + stars: | 2024-04-27 | by ( Cameron Manley | ) www.businessinsider.com time to read: +2 min

Russia's oil and gas revenue is set to surge despite Ukraine's attacks on energy infrastructure. Revenue from oil and gas is a key way Russia funds its war in Ukraine. AdvertisementRussia's oil and gas revenue for April is expected to soar by roughly double year on year despite increased Ukrainian attacks on energy infrastructure, a Reuters report said. Despite Russia's strong April revenue projections, it seems Ukraine's strikes are having some success. Bloomberg reported this week that Russia's oil refining was at an 11-month low because of flooding and Ukraine's drone campaign.

Persons: —, Russia's Organizations: Service, Reuters, Bloomberg, Business Locations: Russia, Ukraine, Ukrainian, Russia's Smolensk

☆ Ellen DeGeneres spoke about the 'devastating' end of her talk show. Here are all the celebs who have spoken out about their experiences with her.
▼ + stars: | 2024-04-26 | by ( Julie Gerstein | Palmer Haasch | ) www.businessinsider.com time to read: +25 min

"The Ellen Degeneres Show" ended in May 2022, two years after toxic workplace allegations surfaced. AdvertisementShe was supposed to go out with a bang, but Ellen DeGeneres' much-loved talk show instead went out with a whimper. Even years after the 2020 controversy and ending of "The Ellen DeGeneres Show," celebrities like Emily Ratajkowski have continued to question some of her behavior. Garrett, who has appeared on "The Ellen DeGeneres Show" multiple times, reshared Variety's article about the comedian's letter apologizing to staffers who felt disrespected. AdvertisementOctavia Spencer said all her experiences on 'The Ellen DeGeneres Show' have been 'supportive and fun'The actress, who's appeared on "The Ellen DeGeneres Show" numerous times over the years, issued a statement supporting DeGeneres via Instagram on August 13.

Persons: Ellen Degeneres, DeGeneres, —, Ellen DeGeneres, Brad Garrett, Lea Thompson, Scooter Braun, Katy Perry, Emily Ratajkowski, Raymond, Garrett, reshared, hadn't, Garrett's, Thompson, didn't, Braun, Justin Bieber, Ariana Grande, she'd, Ellen, Portia de Rossi, De Rossi, Kris Jenner, Nacho Figueras, Brandi Carlile, Figueras, he'd, Jennifer Aniston, Jennifer Lopez, Michelle Obama, Pink, Sean Hayes, Lady Gaga, Oprah, Justin Timberlake —, Perry, Samantha Ronson, I've, Ronson, Diane Keaton, SHOW, Kevin Hart, Hart —, Ashton Kutcher, Kutcher, he's, Jerry O'Connell, de Rossi, O'Connell, Portia, Portia … Instagrammed, Jay Leno, Andy Richter, Ashley Nicole Black, who's, Howard Stern, Howard, Beth, Phoebe Bridgers, ellen, Octavia Spencer, Spencer, ELLEN, Sofia, Mariah Carey, Carey, that's, Steve Harvey, Jonathan Leibson, Harvey, I'd, Alec Baldwin, Baldwin, Ryan Phillippe, Phillippe, hasn't, NikkieTutorials, Nikkie de Jager, Degeneres, Tony Okunbowa, Taylor Swift's, Taylor Swift, Swift, She's, Ratajkowski, Elle Organizations: Service, Twitter, Los Angeles Times, @TheEllenShow, DJ, SHOW, Entertainment, ppl, TBS, Colombian, Us Locations: Argentine, British, Instagram, American

☆ Asia was most impacted by extreme weather and climate in 2023, UN report shows
▼ + stars: | 2024-04-26 | by ( Dylan Butts | ) www.cnbc.com time to read: +3 min

Sarote Pruksachat | Moment | Getty ImagesAsia was the most disaster-hit region in the world last year as extreme weather and climate threats intensified amid global warming, according to the World Meteorological Organization, the UN's weather agency. According to a NASA report, increased temperatures are associated with variations in precipitation and increased frequency of both drought and extreme water events. watch nowWhile WMO found that much of Asia suffered from a substantial lack of precipitation in 2023, there were also many extreme weather events associated with heavy rainfall and flooding. The WMO report noted that a lack of rainfall could also have detrimental effects on drinking water sources, agriculture, industry, and hydropower. Authors of the report argued the data confirms the need for early warning systems for extreme weather and more disaster risk reduction to mitigate losses and damage caused by climate change in the future.

Persons: Sarote, Celeste Saulo, Saulo, heatstroke Organizations: Asia, World Meteorological Organization, NASA, WMO Locations: Asia, Siberia, China, Japan, Kazakhstan, India, —, Beijing

Has South Africa Truly Defeated Apartheid? U.S.A., 2020 – 63% U.K., 2019 – 62% 60% 49% 40% 20% 1994 2004 2014 2019 Sources: Collette Schulz-Herzenberg, "The South African non-voter: An analysis"; Konrad Adenaur Stiftung, 2020 (South Africa); Pew Research (United States and U.K.)On a continent where coups, autocrats and flawed elections have become common, South Africa is a widely admired exception. −4% −6% Sources: Harvard Growth Lab analysis of World Economic Outlook (South Africa and sub-Saharan Africa) and World Development Indicators (upper-middle-income countries). 50% unemployment rate 40% Black unemployment rate 30% The unemployment gap between Black and white South Africans remains wide. In 2022, about 6 percent of South Africans aged 18 to 29 were enrolled in higher education, according to Statistics South Africa.

Persons: Nelson Mandela, they’ve, Collette Schulz, Konrad Adenaur Stiftung, —, Walter Sisulu, Joao Silva, New York Times Jack Martins, ”, Mandela’s, Wandile Sihlobo, Johann Kirsten, Sihlobo, Kirsten, haven’t, Zinhle Nene, Peter Mokoena, “, Mokoena, Nokuthula Mabe, Mabe, Jacob Zuma, Chrispin Phiri, Cyril Ramaphosa, Israel, Sibusiso Zikode, Zikode, Mr Organizations: African National Congress, Pew Research, Human Sciences Research, World Bank, Black South, Charter, New York Times, University of Cape Town’s Liberty Institute of Strategic Marketing, Johannesburg Stock Exchange, Economic Empowerment, South, Harvard, Economic, Government, Black, Mr, Stellenbosch University . White, Statistics, Security, JOHANNESBURG Jobs, JOHANNESBURG Sandton Downtown, West University, Education, Statistics South, General Household Survey, of, Stellenbosch University, Ministry of Justice and Correctional Services, Institute for Security Studies, International Court of Justice Locations: Africa, South Africa, Black, States, Soweto, Kliptown, Johannesburg, South, Saharan Africa, Carletonville, JOHANNESBURG, Downtown Soweto, JOHANNESBURG Sandton, JOHANNESBURG Sandton Downtown Soweto, North, Mahikeng, Botswana, Statistics South Africa, Brazil, Mexico, Philippines, African, Germany, Russia, India, China, Ethiopia, Burundi, Zimbabwe, Ukraine, New York Times South Africa, Gaza, Durban, South Africa’s

☆ Goldman Sachs likes these 2 mobile gaming stocks set for 'blockbuster' launches, gives one 40% upside
▼ + stars: | 2024-04-26 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +3 min

Investors seeking exposure to China's growing mobile gaming industry should look at technology giants Tencent and NetEase , according to Goldman Sachs. The investment bank expects "China to see faster growth from mid 2024 supported by game launches and a loosening regulatory environment." Tencent Tencent's game sales were up 14% year on year domestically in March and 36% internationally. NetEase NetEase posted a 16% year-on-year rise in domestic sales growth and 1% rise in international sales growth last month, Goldman's analysts noted. Domestic mobile game sales fell by 12% year-on-year Japan in the first quarter of the year.

Persons: Goldman Sachs, 2Q24, Lincoln Kong, FactSet, NetEase NetEase, Michael Bloom Organizations: Street, Hong, Nasdaq, Hong Kong Stock Exchange, China, Domestic Locations: China, Tencent, Hong Kong, Japan, South Korea

☆ CEOs make the message clear on AI's big payoff: Be patient
▼ + stars: | 2024-04-26 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +5 min

And the initial signs are quite positive here too," Zuckerberg told investors in an earnings call. AdvertisementElon Musk had even stronger words for investors on Tuesday after Tesla reported plunging profits. Even so, Musk insisted during an earnings call that Tesla is an AI company and had a specific message to any shareholder who thinks that Tesla won't develop self-driving someday. On Thursday, Microsoft and Alphabet reported profits, which they ascribed in part to their respective AI sectors. Google's parent company reported $23.7 billion in profits for the same period.

Persons: —, Apple, Demis Hassabis, Sam Altman, Mark Zuckerberg, Zuckerberg, we've, Elon Musk, Tesla, Musk, Matthew Prince, Sundar Pichai, Pichai Organizations: Service, Meta, OpenAI's, EV, Economic, Reuters, Nvidia, Microsoft Locations: Davos

☆ A clothing designer says Taylor Swift wearing her skort was the 'ultimate karma' against brands that have ripped her off
▼ + stars: | 2024-04-26 | by ( Amanda Krause | ) www.businessinsider.com time to read: +6 min

Read previewWhen Taylor Swift uploaded a YouTube Shorts video to promote her new album on April 19, Blogilates founder Cassey Ho was getting her roots touched up at a hair salon. AdvertisementBut given their connected history, Ho thinks Swift may have seen one of her promotional videos for the skort. The bigger pictureWhile Ho is ecstatic about Swift wearing her skort design from the perspective of a business owner and Swiftie, she's also grateful for another reason. Ho also said she's seen new knockoffs popping up now that Swift has been seen wearing the original. But in the meantime, she said, Swift wearing the original feels like the "ultimate karma" against shops that have stolen her work — something Swift herself is deeply familiar with.

Persons: —, Taylor Swift, Cassey Ho, Sam, pickleball, Ho, Swift, Taylor, It's, Popflex, i Organizations: Service, Business, Poets Department Locations: preorders

☆ Blinken says U.S. and China must avoid miscalculations as Beijing warns against 'red lines'
▼ + stars: | 2024-04-26 | by ( Sumathi Bala | ) www.cnbc.com time to read: +1 min

US Secretary of State Antony Blinken (L) shakes hands with China's Director of the Office of the Central Foreign Affairs Commission Wang Yi at the Diaoyutai State Guesthouse in Beijing on June 19, 2023. (Photo by Leah MILLIS / POOL / AFP) (Photo by LEAH MILLIS/POOL/AFP via Getty Images)Secretary of State Antony Blinken on Friday emphasized the need for the U.S. and China to avoid "miscalculations" and "misunderstandings." Speaking in Beijing ahead of a closed-door meeting with Chinese Foreign Minister Wang Yi, Blinken said there is no substitute for "face-to-face diplomacy." Both sides need to make sure "that we're as clear as possible about the areas where we have differences, at the very least to avoid misunderstandings, to avoid miscalculations," he told reporters. In his remarks, Wang told Blinken that U.S.-China relations are "beginning to stabilize" with increased dialogue and cooperation.

Persons: Antony Blinken, Central Foreign Affairs Commission Wang Yi, Leah MILLIS, LEAH MILLIS, Wang Yi, Blinken, Wang, Joe Biden, Xi Jinping, Xi —, — Biden Organizations: Central Foreign Affairs Commission, Getty Images, U.S, Foreign, Economic Cooperation Locations: Diaoyutai, Beijing, China, Washington, San Francisco, Asia, U.S

☆ Buick, GM’s low-key pseudo-luxury brand, is suddenly hot
▼ + stars: | 2024-04-25 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +6 min

In the 21st Century, though, Buick, which celebrates its 125th anniversary this year, has been a quiet spot in GM’s North American brand strategy. Last year, Buick sales rose more than 60% in the US compared to 2022. The Buick Envista introduced last summer is, essentially, a modified version of the well-received Chevrolet Trax, GM’s cheapest crossover SUV. The 1938 Buick Y Job is generally considered the auto industry's first "concept car." Last year, Avenir models, which get some fancier interior materials, more features, and distinctive paint colors, made up almost a third of Buick sales, the highest levels yet, Aldred said.

Persons: Louis Chevrolet, “, it’s, ”, Ivan Drury, Jason Barlow, Envista, Bob Boniface ,, Duncan Aldred, Drury, It’s, Buick, that’s, Aldred Organizations: CNN, Buick, GM, Riviera, Chevrolet Trax, GMC, Chevy, Cox Automotive, Cadillac, General Motors, Liverpool Locations: GM’s, China, the, America, Europe

☆ Dubai’s floods were made worse by climate change, scientists find
▼ + stars: | 2024-04-25 | by ( Angela Dewan | ) edition.cnn.com time to read: +5 min

Using scientific models, the team was unable to determine precisely how much more likely climate change had made the floods. Changing circulation patterns driven by global warming are also increasing rainfall intensity, the analysis noted. Global warming was the only remaining reason they could identify to explain the heavier downpour. However, the focus must be on slowing climate change, she added. “While we can’t stop El Niño, we can stop climate change,” Otto said.

Persons: Amr Alfiky, ”, Sonia Seneviratne, Mansour Almazroui, King Abdulaziz University’s, Friederike Otto, Niño, Otto said, El, ” Otto, Francois Nel, Sultan Al, Jaber, CNN’s Abbas Al Lawati Organizations: CNN, United Arab, United Arab Emirates, Global, Reuters “, Institute for Atmospheric, Science, King Abdulaziz University’s Center, Excellence, Change, Grantham Institute, International Energy Agency Locations: United Arab Emirates, Oman, El, Dubai, UAE, Dubai’s, Zurich, Jeddah, Saudi Arabia, London, Paris, deadlier

☆ Live Updates: Harvey Weinstein’s Conviction Is Overturned by New York’s Top Court
▼ + stars: | 2024-04-25 | by ( Jonah E. Bromwich | Maria Cramer | ) www.nytimes.com time to read: +2 min

PinnedNew York’s highest court on Thursday overturned Harvey Weinstein’s 2020 conviction on felony sex crime charges, a stunning reversal in the foundational case of the #MeToo era. Citing that decision and others it identified as errors, the appeals court determined that Mr. Weinstein, who as a movie producer had been one of the most powerful men in Hollywood, had not received a fair trial. The four judges in the majority wrote that Mr. Weinstein was not tried solely on the crimes he was charged with, but instead for much of his past behavior. It was not immediately clear on Thursday morning how the decision would affect Mr. Weinstein, 71, who is being held in an upstate prison in Rome, N.Y. Mr. Weinstein was accused of sexual misconduct by more than 100 women; in New York he was convicted of assaulting two of them.

Persons: Harvey Weinstein’s, Weinstein’s, Weinstein, Alvin L, Bragg —, Donald J, Trump Organizations: New, Appeals, Mr, Beverly Hills Locations: Hollywood, Manhattan, Rome, California, Beverly, New York

☆ Microsoft shares jump 4% after the big AI winner delivers in all the right places
▼ + stars: | 2024-04-25 | by ( Jim Cramer | ) www.cnbc.com time to read: +9 min

However, momentum from AI services will keep Azure growth stabilized at these high levels, outperforming the market's expectations. AI services continue to be a large source of revenue growth, contributing seven percentage points of growth. The Office Commercial Products and Cloud Services revenue rose 12%, while the Office Consumer Products and Cloud Services revenue grew 4%. Windows Commercial Products and Cloud Services revenue increased 12%, driven by demand for Windows 365. The company guided Azure's constant currency revenue growth to 30% to 31%, which is higher than estimates of 29%.

Persons: OpenAI, Satya Nadella, there's, we're, Jim Cramer's, Jim Cramer, Jim, Satya Narayana Nadella, Lucas Jackson Organizations: Microsoft, Revenue, Google, Fortune, Productivity, Products, Cloud Services, Consumer Products, Novo Nordisk, Nvidia, Activision, Windows, Management, CNBC Locations: OpenAI, ChatGPT, Novo, Manhattan, New York City

☆ What to Know About Venice’s Fees for Day Trips
▼ + stars: | 2024-04-25 | by ( Elisabetta Povoledo | ) www.nytimes.com time to read: +1 min

After years of debate, Venice on Thursday will begin charging day visitors five euros to visit its fragile historic center on peak days, making it the first city in the world to adopt such a measure to counter overtourism. Critics question whether a nominal fee will put people off from visiting one of the world’s most desired destinations. But officials hope that it might encourage some to rethink their plans and decide to come on weekdays or in the off-season. About half of those visitors came only for the day, city officials said. The spirit of the initiative, city officials have said, is to make people aware of the uniqueness — and fragility — of Venice.

Persons: Nicola Camatti Organizations: Foscari University of Venice Locations: Venice

☆ Did Trump’s lawyers misquote George Washington? Here’s what the first president actually said
▼ + stars: | 2024-04-25 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +8 min

CNN —Searching for some evidence that the Founding Fathers would have supported “absolute immunity” from criminal prosecution for former President Donald Trump, his lawyers have turned to George Washington. Washington’s thought does not end where Trump’s lawyers put the period. In his farewell address, the first president advised his fellow citizens that “Religion and morality” were the “great Pillars of human happiness, these firmest props of the duties of Men and citizens." Another Washington historian, Alexis Coe, who wrote a recent biography, described the Trump lawyers’ view of Washington’s farewell address as “bonkers.” She thinks that rather than trying to seek exemption from laws, Washington would find ways around them. Anything that delays Trump’s prosecution is a clear win for the former president, who is playing for time until the November election.

Persons: Donald Trump, George Washington, Washington’s, Washington, inoculate Trump, John Sauer, “, John Avlon, “ Washington, ” Avlon, Ketanji Brown Jackson, Sauer, ”, Alexis Coe, –, Coe, Doris Kearns Goodwin, Trump, Will Trump, Trump’s, Samuel Alito, Neil Gorsuch, ” Gorsuch Organizations: CNN, US, Congress, gaslight, Trump . Washington, Trump, Constitutional Locations: United States, Washington, “, New York, Trump ., Pennsylvania

Commercial and residential buildings seen from the rooftop of the Lotte Corp. World Tower at sunset in Seoul, South Korea, on Tuesday, Nov. 28, 2023. Asia-Pacific markets took a breather after two straight days of rallies, mirroring moves on Wall Street ahead of first-quarter gross domestic product figures from the U.S. due Thursday. In Asia, investors will assess South Korea's advance first-quarter GDP growth of 3.4% year on year, the highest quarterly growth since the fourth quarter of 2021. Separately, the Bank of Japan kicks off its monetary policy meeting Thursday as investors monitor for action against yen weakness. The yen slid past the 155 mark against the U.S. dollar on Wednesday, hitting a fresh 34-year low.

Organizations: Lotte Corp, Bank of Japan, U.S Locations: Seoul, South Korea, Asia, Pacific, U.S

☆ Airbus misses on operating profit, raises A350 output goal
▼ + stars: | 2024-04-25 | by ( ) www.cnbc.com time to read: 1 min

An Airbus A350-941 is undergoing a test flight at Toulouse Blagnac Airport in Toulouse, France, on December 8, 2023. Airbus posted weaker than expected first-quarter operating profit and cashflow after hiring more staff to prepare for rising aircraft demand, but reaffirmed its financial goals for 2024 after a nervous start to the year on industrial costs. The world's largest planemaker also announced a higher output target for its wide-body A350 model, of 12 a month in 2028, amid a renaissance in demand for long-haul jets. Airbus reported 577 million euros in adjusted operating profit, down 25% on the year, revenue of 12.83 billion and a free cash outflow of 1.8 billion euros. Analysts were on average expecting operating profit of 789 million euros and an outflow of 1.3 billion euros, according to a company-compiled survey.

Organizations: Airbus, Toulouse Blagnac Airport Locations: Toulouse, France

☆ America Is Writing Checks That Mere Optimism Won’t Cover - The New York Times
▼ + stars: | 2024-04-25 | by ( David Brooks | ) www.nytimes.com time to read: +2 min

Interest rates have risen. According to The Wall Street Journal, America is expected to spend $870 billion, or 3.1 percent of gross domestic product, this year on interest payments on the federal debt. According to the Committee for a Responsible Federal Budget, the government will spend more on interest payments than on the entire defense budget. When money is tight, as it is now, government borrowing competes with private borrowing, driving interest rates up for everybody. ratio results in an increase in interest rates of two-tenths to three-tenths of a percentage point.

Organizations: Wall Street Journal, Federal Budget, Social Security Locations: America

☆ You need at least $1 million to retire comfortably in these 10 U.S. states—half are in the Northeast
▼ + stars: | 2024-04-25 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +1 min

On average, Americans believe they should save up around $1.46 million before retiring, per Northwestern Mutual's 2024 Planning and Progress study. But in certain states, like Hawaii, you'd actually need more than that. The minimum amount of savings you'd need to retire in the Aloha state is $2,051,077, according to a GOBankingRates study. It also looked at each state's cost of living through the Missouri Economic Research and Information Center state-by-state cost of living index, based on the Council for Community and Economic Research survey data. Here are the 10 states where you'd need the most to retire comfortably, according to GOBankingRates data shared with CNBC Make It.

Persons: GOBankingRates Organizations: Security, Bureau of Labor Statistics, Survey, Missouri Economic Research, Information Center, Council for Community, Economic Research, CNBC Locations: Northwestern, Hawaii, you'd, Aloha, Missouri

☆ Meta shares plunge as Mark Zuckerberg's AI push spooks investors
▼ + stars: | 2024-04-25 | by ( George Glover | ) www.businessinsider.com time to read: +3 min

Meta shares plunged as much as 15% in premarket trading, dragging US futures lower. Investors weren't convinced by Mark Zuckerberg's plan to keep spending tens of billions on AI. AdvertisementMeta stock plunged in premarket trading on Thursday as investors fretted that Mark Zuckerberg's artificial intelligence push will send costs skyrocketing. The losses came after Meta reported its earnings for the first three months of the year on Wednesday. Zuckerberg's previous pledge to keep costs low during a "year of efficiency" has helped Meta's stock to rally since the start of 2023.

Persons: weren't, Mark Zuckerberg's, Meta, —, Refinitiv, Zuckerberg, Russ Mould, AJ Bell, Mark Zuckerberg Organizations: Service, Meta, Microsoft Locations: Wednesday's

☆ Carrie Robbins, Costume Designer for Dozens of Broadway Shows, Dies at 81
▼ + stars: | 2024-04-24 | by ( Alex Traub | ) www.nytimes.com time to read: 1 min

Carrie Robbins, a meticulous and resourceful costume designer who worked on more than 30 Broadway shows from the 1960s to the 2000s, died on April 12 in Manhattan. She was 81. Her death, at a hospital, was confirmed by Daniel Neiden, a friend, who said her health had declined after she fell and broke her hip in December. In 1972, when she was just 29 years old, Ms. Robbins began “emerging as one of the hottest costume designers in show business,” as the syndicated fashion columnist Patricia Shelton put it, thanks to her work that year on the original Broadway production of “Grease,” six years before it was turned into a hit movie.

Persons: Carrie Robbins, Daniel Neiden, Robbins, “, Patricia Shelton Locations: Manhattan

☆ Watch CNBC's full interview with Bernstein's Toni Sacconaghi on Tesla earnings
▼ + stars: | 2024-04-24 | 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 EmailWatch CNBC's full interview with Bernstein's Toni Sacconaghi on Tesla earningsToni Sacconaghi, Bernstein, joins 'Squawk on the Street' to discuss what Sacconaghi would've liked to hear on Tesla's earnings call, the EV giant's full-self driving and Robotaxi plans, and what happens in the next 5-10 years for Tesla.

Persons: Bernstein's Toni Sacconaghi, Toni Sacconaghi, Bernstein, Sacconaghi would've, Tesla Organizations: EV

☆ Tesla skepticism remains centered on potential new models, says Bernstein's Toni Sacconaghi
▼ + stars: | 2024-04-24 | 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 EmailTesla skepticism remains centered on potential new models, says Bernstein's Toni SacconaghiToni Sacconaghi, Bernstein, joins 'Squawk on the Street' to discuss what Sacconaghi would've liked to hear on Tesla's earnings call, the EV giant's full-self driving and robotaxi plans, and what happens in the next five to 10 years for Tesla.

Persons: Bernstein's Toni Sacconaghi Toni Sacconaghi, Bernstein, Sacconaghi would've, Tesla Organizations: EV

☆ I visited Aspen, the most expensive vacation destination in America, for the first time. Here are 13 things that surprised me.
▼ + stars: | 2024-04-24 | by ( Monica Humphries | ) www.businessinsider.com time to read: +1 min

At the start of the 2021 ski season, I visited one of the US' most expensive ski towns: Aspen, Colorado. AdvertisementNestled in Colorado's Rocky Mountains, Aspen is a small ski town known for vacationers with big budgets. At the top of the list was Aspen, with vacationers spending an average of $761.39 per person per day in the town. In 2022, Aspen was the world's most expensive ski town based on the listing price for prime ski property, according to Engel & Völkers, a global real-estate company. In 2023, the ski outlet SnowBrains named Aspen the most expensive ski town in the US.

Persons: —, Engel, Völkers Organizations: Service, Aspen Locations: Aspen , Colorado, Aspen, Rocky

☆ The FTC is fighting for your right to job-hop
▼ + stars: | 2024-04-24 | by ( Grace Eliza Goodwin | ) 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. Read previewThe FTC wants to give Americans the freedom to job-hop without pesky noncompete contracts getting in the way. The Federal Trade Commission voted 3-2 on Tuesday to approve a nationwide ban on noncompete agreements, the agency announced in a press release. The move could help American workers make $300 billion more a year, the FTC has previously said. Companies can keep existing contracts for some senior executives, but that will only affect about 0.75% of workers, the FTC said.

Persons: —, pesky noncompete, Evan Starr, Lina M, Khan, Suzanne P, Clark Organizations: Service, Federal Trade Commission, FTC, Business, Employers, University of Maryland, New York Times, US, of Commerce, Commerce's, National Labor Relations Locations: California , Massachusetts, Illinois

Ms. Daniels, who may testify, says that she and Mr. Trump had a sexual encounter in 2006, a claim the former president denies. Mr. Trump has also denied the 34 felony charges, calling them orchestrated by Democrats; if convicted, the former president could face probation or up to four years in prison. Pool photo by Mark PetersonMr. Blanche also attacked Mr. Cohen, a former lawyer and fixer for Mr. Trump. He called the heart of the prosecution case just “34 pieces of paper” that don’t involve Mr. Trump. During his own side’s opening statement, Mr. Trump sat largely motionless and expressionless watching his lawyer Mr. Blanche.

Persons: Donald J, Trump, Stormy Daniels, Daniels, Trump’s, ” doesn’t, Matthew Colangelo, Mr, Todd Blanche, ”, It’s, Mark Peterson Mr, Blanche, Cohen, Letitia James, —, David Pecker, Prosecutors ’, ambled, ” Mr, Pecker, Marion Curtis, We’re, Juan M, Pecker —, Merchan Organizations: Trump, Mr, Trump Tower, New, Prosecutors, National Enquirer, Reuters Locations: Manhattan, Lower Manhattan

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