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Read previewErik Menendez and his family have criticized Netflix's new true crime series, "Monsters: The Lyle and Erik Menendez Story," claiming that multiple scenes are inaccurate. On Friday, Tammi Menendez shared a statement on X from her husband, Erik Menendez, in which he criticized how the show portrayed Lyle Menendez. AdvertisementErik Menendez also criticized how the series portrayed the sexual abuse the brothers claim their father, José Menendez, inflicted upon them. AdvertisementBusiness Insider contacted the account to verify if it is run by a relative of Lyle Menendez. Ted Soqui / Sygma via Getty ImagesIn 1995, the Los Angeles Times reported that Erik Menendez testified during a retrial that Lyle Menendez molested him when they were children.
Persons: , Erik Menendez, Lyle, Jeffrey Dahmer, Erik, Lyle Menendez, Ryan Murphy, Menendez, Tammi Menendez, Erik Menedez, José Menendez, Murphy, — Tammi Menendez, Ted Soqui Organizations: Service, Netflix, Business, Getty, Los Angeles Times, Hollywood Reporter, of America Locations: New York, Los Angeles
China's youth unemployment rate in August rose to the highest level since the new system of record-keeping began in December, data from the National Bureau of Statistics showed, amid an economic slowdown. China's urban unemployment rate across all age categories rose 5.3% in August, compared to a 5.2% climb in July. China paused reporting the youth unemployment rate for much of the latter half of last year while it reassessed its calculation methods. China's youth unemployment has also been affected by restrictive hiring policies amid a struggling economy as companies are refusing to hire recent college graduates due to the difficulty and costs involved in firing workers in China. "That's why the [overall] unemployment rate isn't that bad but the unemployment rate for youths is so high," Rein added.
Persons: That's, Dan Wang, Shaun Rein, Rein Organizations: National Bureau, Statistics, HSBC, China Market Research, People's Bank of Locations: China, People's Bank of China
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
Maria Kirkeland lost 159 pounds by focusing on consistency over motivation. She learned about calories, protein, and strength training to break free from fad weight-loss diets. Go to newsletter preferences Thanks for signing up! That's the biggest lesson Maria Kirkeland learned when she lost 159 pounds. She broke free from that cycle and lost weight in a healthy, sustainable way when when she learned about calories, and started eating more protein and strength training.
Persons: Maria Kirkeland, Kirkeland, Organizations: Service, Business Locations: Norway
In an X post On Saturday, the tech billionaire shared the Republican presidential candidate's promotional video for Official Trump Coins, in which Trump hailed them as a "true symbol of American greatness." "He is selling the silver coins as a collectible that could increase in value …. He also suggested Trump's endorsement of the coins means he can't be trusted as a business partner or investor. Cuban asked on X.AdvertisementHe continued: "Would you tell ANYONE you know to get business or investment advice from a person selling these coins?" Cuban has repeatedly criticized Trump in recent weeks while championing Vice President Kamala Harris, Trump's rival in this year's presidential race.
Persons: , Cuban, Donald Trump, he's, Trump, Warren Buffett, They're, Trump's, Kamala Harris, He's, Trump Organization didn't Organizations: Service, Republican, Trump, Business, btc, Maxis, Dallas Mavericks, White, JBCZ Group, CIC Digital, CIC Ventures, CIC, Trump Organization Locations: bitcoin
Read previewThe list of companies abandoning remote work is growing. But for some experts, remote work won't die either. "There's a big race for talent out there," she told Business Insider, adding that "attracting talent into a business is hard these days." For others, flexible work has become a game changer and one they can't see themselves looking back on. In contrast, other companies will continue to embrace the advantages of flexible work.
Persons: , Andy Jassy, PwC, Goldman Sachs, Kate Palmer, Palmer, Daniel Wheatley, Wheatley, Jassy Organizations: Service, Amazon, Big, Business, Citigroup, HSBC, Barclays, JPMorgan, Peninsula, University of Birmingham
Constellation Energy stock is still rising after the power company's landmark announcement last week that it plans to restart the Three Mile Island nuclear plant in Pennsylvania. The operational risk to bring the plant back online in 2028 appears manageable, Morgan Stanley told clients in a note on Monday. Renewable energy and natural gas stocks could also indirectly benefit from nuclear deals, according to Morgan Stanley analyst Stephen Byrd. Renewable stocks such as AES Corp. , NextEra Energy and First Solar could get a tailwind for the same reason, according to Morgan Stanley. CEO John Ketchum said the company is looking at restarting the Duane Arnold nuclear plant in Iowa.
Persons: Morgan Stanley, David Arcaro, Arcaro, Stephen Byrd, Byrd, NextEra, John Ketchum, Duane Arnold, Wells, Neil Kalton, — CNBC's Michael Bloom Organizations: Constellation Energy, Constellation, Microsoft, Vistra Corp, Vistra, Public Service Enterprise Group, Tech, . Companies, GE Vernova, Siemens Energy, Mitsubishi Power, NRG Energy, AES Corp, NextEra Energy Locations: Pennsylvania, Iowa, Wells Fargo
While GM has withdrawn most of its previously announced electric vehicle targets, the automaker believes its EV sales momentum is finally building thanks to an expanding lineup of all-electric vehicles – spanning a price range of roughly $35,000 to more than $300,000. EV sales data provided to CNBC by the Detroit automaker, which publicly reports sales quarterly, shows a notable increase for GM through August. GM sold nearly 21,000 EVs in the U.S. in July and August – almost matching its full second-quarter EV sales. GM's EV sales through August were up about 70% compared with a year earlier. It still remained more than 20,000 units shy of Hyundai/Kia EV sales through last month.
Persons: Mary Barra, Frederic J, Brown, Elon Musk's, Rory Harvey, Harvey, GM's, Tesla, Stephanie Brinley, Michael Wayland, Brinley, EVs, Scott Mlyn, Butts, Barra, carmaker Organizations: Cadillac, AFP, Getty, WARREN, General Motors, Detroit, U.S, GM, Elon Musk's carmaker, Hyundai, Kia, Ford, CNBC, Detroit automaker, Motor Intelligence, EV, P, Cox, Electric Locations: Los Angeles, Mich, North America, U.S, Detroit, Barra, U.K
Newly released federal data shows the US tech workforce is younger than the workforce at large and getting younger still. Tech workers under 25 are becoming more common, while the proportion of workers older than 40 shrinks. There's an age-old perception that tech workers should be young so they can move fast and break things. One of the top qualifications to land a tech job, it seems, is to possess a birth certificate dated after 1990. Women make up just 22% of tech workers — the same proportion of jobs they held in 2005.
Persons: Z, Mark Zuckerberg, Maureen Clough, antiaging serums, Joanna Lahey, Lahey, ageism, John Zeman, Elon Musk, Zeman, John Rizzo, Rizzo, X, Daniel Jolles, Jolles, they're, Amanda Hoover Organizations: Tech, Commission, Texas, M University, Twitter, IBM, The London School of Economics, Business Locations: Silicon Valley, China
CNBC Daily Open: Recession concerns still linger
  + stars: | 2024-09-23 | by ( Yeo Boon Ping | ) www.cnbc.com   time to read: +2 min
Brendan McDermid | ReutersThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. In terms of financial markets, financial firm BTIG sees a possible pullback. Last week's burst of euphoria was mostly driven by anticipation and celebration of the Fed's rate cut. Markets this week will look at the hard data coming out, like the preliminary measure of PMI, consumer confidence and PCE report.
Persons: QCOM, Brendan McDermid, It's, Piper Sandler, Nancy Lazar, Lazar, BTIG, Jonathan Krinsky, , Alex Harring, Hakyung Kim, Brian Evans Organizations: New York Stock Exchange, Reuters, CNBC, Friday, FedEx, Nasdaq, Dow, PMI Locations: New York City, U.S
U.S. rate cut, geopolitical woes lift gold to record high
  + stars: | 2024-09-23 | by ( ) www.cnbc.com   time to read: +2 min
Gold prices extended gains to scale a record high on Monday, driven by the momentum generated by the Federal Reserve's interest rate cut and safe-haven demand due to geopolitical risks in the Middle East. Gold prices extended gains to scale a record high on Monday, driven by the momentum generated by the Federal Reserve's interest rate cut and safe-haven demand due to geopolitical risks in the Middle East. Spot gold rose 0.2% to $2,628.28 per ounce, as of 0349 GMT, after hitting a record high of $2,630.93 earlier in the session. The U.S. Fed began its easing cycle with a half-percentage point rate cut on Wednesday, forecasting another half-point cut by year-end and a full point next year. Fed futures traders have priced in 75 basis points in rate cuts by the end of this year, according to CME FedWatch.
Persons: Tim Waterer Organizations: KCM, U.S, Fed, FedWatch Locations: U.S, Israel, Lebanese
CNN —Carlos Alcaraz led Team Europe to a comeback victory over Team World in the Laver Cup on Sunday, triumphing in both his singles and his doubles matchups. It marked Europe’s fifth win in the Laver Cup and first since 2021. “It’s great, obviously, we came here with a goal, all of us, that is to win the Laver Cup,” said Alcaraz. Alcaraz defeated Taylor Fritz to secure Laver Cup victory for Team Europe. For me, to spend time with these players in Team Europe, it’s a lot of fun.
Persons: CNN — Carlos Alcaraz, Alcaraz, Taylor Fritz, Ben Shelton, Frances Tiafoe, Casper Ruud, , , Sascha, Alex Zverev, ” Zverev, Fritz, Ebrahim Noroozi, Zverev, Daniil Medvedev, Shelton, Björn Borg, John McEnroe, ‘ We’re, ” Borg, Yannick Noah, Andre Agassi Organizations: CNN, Europe, Team, Laver, Tiafoe, Team Europe, Cincinnati Locations: Berlin, Europe, Berlin’s, San Francisco
In today's big story, China isn't proving to be the economic promised land US companies once hoped for . US-China relations have been on shaky ground for a while, to put it mildly. But despite the growing animosity, US corporations' push to sell things to Chinese consumers has been a middle ground everyone can agree on. AdvertisementTaiwan Semiconductor Manufacturing Company makes vital hardware components for most the world's chip companies, including industry giant Nvidia. Nvidia CEO Jensen Huang recently said his company has a backup plan if things were to kick off in Taiwan .
Persons: , Jamie Dimon, Tyler Le, Insider's Linette Lopez, It's, that's, Kiran Ridley, Stringer, Getty, Jensen Huang, Huang, Alyssa Powell, Trump, Harris, isn't, Howard Marks, Marks, Rebecca Noble, Vance, Tom Brady, Jeff Bezos, it's, Ryan Routh, Donald Trump, Dan DeFrancesco, Jordan Parker Erb, Jack Sommers, Amanda Yen, Grace Lett, Milan Sehmbi Organizations: Service, Business, China Xinhua News Agency, Getty, Apple, Nike, Huawei, Taiwan Semiconductor Manufacturing Company, Nvidia, Billionaire, Economic Forum Locations: Washington ,, China, China . US, Washington, Beijing, Taiwan, USA, Florida, New York, London, Chicago
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
CNN —Max Verstappen hinted on Sunday that his retirement from Formula One might be hastened after his “silly” punishment for swearing. The Red Bull driver was told by motorsport’s governing body, the FIA, that he should carry out “work of public interest” after using a swear word in a press conference on Thursday ahead of the Singapore Grand Prix. When you can’t be yourself or you have to deal with these kind of silly things,” the Dutch driver told reporters, per Reuters. So, yeah, it is very, very silly,” Verstappen said. According to multiple reports, Alex Wurz – the chair of the Grand Prix Drivers’ Association (GPDA) – said that the punishment handed out to Verstappen was too severe.
Persons: Max Verstappen, Red Bull, Lando Norris, Verstappen, , “ It’s, Alex Wurz –, , Wurz, Guenther, Guenther Steiner, Haas, ” Verstappen, Norris, Verstappen’s Organizations: CNN, Formula, FIA, Singapore, Reuters, Azerbaijan, Autosport, Prix Drivers ’, Netflix, Prix Locations: Singapore
Israel and Hezbollah have been stuck in the tit-for-tat horror of escalation chicken for nearly a year. But the greater the harm inflicted on Hezbollah recently, the more likely a shorter-term Israeli success has seemed. A full-scale ground war between a tired, divided Israeli military and an experienced, angry Hezbollah inside southern Lebanon would likely be disastrous for Israel. The past week has shown the technological chasm between the two adversaries. Hassan Ammar/APMilitarily, the past week has been a disaster for Hezbollah.
Persons: Ibrahim Aqil, Hassan Nasrallah – Hezbollah’s, Nasrallah, Benjamin Netanyahu, , Hassan Ammar, Netanyahu – Organizations: CNN, NATO Locations: Israel, Iran, United States, Washington, Lebanon, Beirut, Beirut's, Russia, Ukraine, Gaza, irrelevance, Afghanistan
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Sky is the limit' for gold prices, expect new record highs to continue to be hit: ANZDaniel Hynes of ANZ says there underlying fundamentals for the gold market has been strong and that the beginning of monetary easing in the U.S. will further boost prices.
Persons: ANZ Daniel Hynes Organizations: ANZ Locations: U.S
Israel is stepping up strikes on Hezbollah positions in Lebanon. The IDF warned civilians on Monday to stay away from Hezbollah posts for their "own safety." The IDF said it had hit more than 300 Hezbollah targets on Monday morning. AdvertisementIsrael is intensifying its military campaign in Lebanon, where the Israel Defense Forces said it was stepping up targeted strikes on Hezbollah positions. The IDF warned civilians in the area to stay away from potential Hezbollah targets, for their "own safety."
Persons: Israel, , Daniel Hagari Organizations: Service, Israel Defense Forces Locations: Lebanon, Israel
That standard guidance will be circulated Monday, seven days before a shutdown could occur. Should lawmakers fail to pass a funding bill, millions of federal workers and military personnel would be affected by a shutdown. Another 1.4 million federal employees may have to work without pay, though some of these positions are funded through resources other than annual appropriations, she said. All federal employees are guaranteed back pay, though contractors are not. Even the threat of a shutdown can disrupt the lives of federal employees, who could have to forgo their paychecks.
Persons: Mike Johnson, shutdowns, Rachel Snyderman, Snyderman, , , Donald Trump, Trump, Chuck Schumer, aren’t, ” Doreen Greenwald, Everett Kelley, Joe Biden Organizations: Washington CNN, Louisiana Republican, Democratic, CNN, , OMB, White, Management, Senate, Center, SAVE, GOP, noncitizens, Representatives, Social Security, National Treasury Employees Union, American Federation of Government Employees, District of Columbia Locations: Louisiana
Since 2019, Oberman, his wife, and their two cats have lived in five cities across four countries. This story is available exclusively to Business Insider subscribers. "With a creative background, I bring some flexibility to our travels," the 38-year-old told Business Insider via email, adding, "I have options to work no matter where we land." Over the past year, Business Insider has interviewed several people who have moved away from their home countries. The couple found a full-time day care option that charges roughly $400 a month for children less than one year old, according to a document provided to Business Insider.
Persons: , Chris Oberman, Oberman, he's, Netherlands Chris Oberman Organizations: Service, Business, South Locations: Netherlands, , Beijing, Shanghai, Erbil, Iraq, Seoul, South Korea, China
"We are initiating coverage of enterprise planning and 'Office of the CFO' software provider OneStream (OS) with an Outperform rating and $38 target price." Deutsche Bank initiates Pinterest at buy Deutsche called Pinterest an "under-monetized, scaled, increasingly personalized 'digital catalog' that attracts an affluent, high purchase-intent user base." "We initiate coverage of Pinterest, Inc. with a Buy Rating and a $43 Price Target." "We initiate coverage on FLUT with a Buy Rating and $270 PT." JPMorgan adds Nike to negative catalyst watch list The bank is sticking with its neutral rating but is negative heading into earnings on October 1 for Nike.
Persons: Bernstein, it's bullish, Morgan Stanley, Piper Sandler, Piper, TD Cowen downgrades, Cowen, Goldman Sachs, Goldman, Raymond James downgrades Palantir, Raymond James, Dr Pepper, Wells, Tesla, it's, bullish, Coreweave, Davidson, Needham, Truist Organizations: Nvidia, Citi, Meta, Facebook, Apple, BMO, Bank of America, underperform Bank of America, Holding AG, Citigroup, Deutsche Bank, Deutsche, Barclays, Bank, New York Mellon, Bank of New York Mellon, Motors, Microsoft, Needham, JPMorgan, Nike, Technology Locations: North America
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
Your boss says the company does not plan to require employees to return to the office. Some workers have filed lawsuits against their companies or charges with the National Labor Relations Board over RTO mandates. AdvertisementBut remote employees who simply argue that returning to the office is an inconvenience to their lifestyle have "zero chance" to fight the RTO mandate with legal action, Zambrano said. AdvertisementHowever, said Camacho Moran, just because an employee has an illness or a disability "does not mean that remote work is the appropriate accommodation." Reasonable accommodations under the ADA can include modifying a work schedule or workplace setting, as well as moving to remote work.
Persons: , Ron Zambrano, Zambrano, Domenique Camacho Moran, Farrell Fritz, Camacho Moran, " Zambrano, it's Organizations: Service, Business, Trial, Amazon, Walmart, National Labor Relations Board Locations: California, Seattle, New York
The Air Force hopes its recruits will eventually carry real rifles in boot camp, its top enlisted airman said. The push toward real weapons comes amid rising concern in the US of potential open conflict with China or Russia. Go to newsletter preferences Thanks for signing up! AdvertisementThe US Air Force hopes to eventually require its recruits to carry real weapons during basic training, according to its highest-ranking noncommissioned officer. The comment, from Chief Master Sergeant Dave Flosi, came just after the force announced in August that its recruits would receive practice M4 rifles.
Persons: , Dave Flosi, Flosi Organizations: Air Force, Service, US Air Force, Air, Cyber Conference, Business Locations: China, Russia
The US is set to send Taiwan $567 million in military aid, US officials told Defense News. They said it would be the largest aid package ever sent to Taiwan. Go to newsletter preferences Thanks for signing up! AdvertisementThe US is gearing up to send Taiwan its largest-ever security package, multiple congressional aides and a US official told Defense News. Two of the sources told the outlet that President Joe Biden is expected to sign the $567 million package before the fiscal year expires later this month.
Persons: , Joe Biden Organizations: Defense, Service, Defense News, Pentagon, Business Locations: Taiwan, China
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