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☆ Insider buying: These regional bank execs are buying the dip in their stocks
  + stars: | 2023-05-05 | by ( Brian Sullivan Jesse Pound | Brian Sullivan | Jesse Pound | ) www.cnbc.com   time to read: +2 min
Several regional banks saw insiders buy shares over the past seven days, according to VerityData. Insider buying is tracked by some professional investors as a potential sign of company quality. Here are the five U.S. companies with the biggest insider buying over the past week, according to VerityData. Buying the dip was a theme of all of the top five insider buying companies. See more about Insider Buying on CNBC's " Last Call ," weekdays at 7 p.m.
☆ South Korea's President Yoon praised himself for singing 'very well' after launching into a rendition of 'American Pie' at the White House
  + stars: | 2023-05-04 | by ( Aditi Bharade | ) www.businessinsider.com   time to read: +2 min
South Korean President Yoon Suk Yeol launched into a rendition of "American Pie" at the White House. President Biden asked Yoon to sing at the state dinner, saying it was one of Yoon's favorite songs. Yoon later told members of his party that he thought he sang the song "very well." Just before the president got up on stage, three Broadway singers, including Lea Salonga and Jessica Vosk, performed "American Pie" as well. "At the next state dinner we're going to have, you're looking at the entertainment," Biden said, pointing to Yoon while the audience laughed.
☆ Don McLean offers duet with South Korean president who sang ‘American Pie’ to Biden
  + stars: | 2023-04-27 | by ( Jessie Yeung | ) edition.cnn.com   time to read: +2 min
CNN —American singer songwriter Don McLean joked on Thursday that he was planning to sing his iconic “American Pie” with the South Korean president, after the leader entertained US President Joe Biden with a karaoke rendition of the song. After watching several musical performances, Biden told the crowd a story about how his sons would sing McLean’s 1971 hit “American Pie” when driving to school. Yoon received a standing ovation for his efforts before Biden presented him with a guitar signed by McLean. The legendary singer later told CNN that he had big plans for the South Korean leader. “I intend to go over to South Korea next year and sing it with the president, so that’s probably going to be another news story,” McLean joked on Thursday.
☆ South Korean president Yoon Suk Yeol shocked Biden and a White House state dinner audience by performing 'American Pie'
  + stars: | 2023-04-27 | by ( Rebecca Cohen | ) www.businessinsider.com   time to read: +2 min
South Korean president Yoon Suk Yeol performed "American Pie" at the White House on Wednesday. President Joe Biden then presented Yoon with a guitar signed by Don McLean. Sure enough, the South Korean president launched into an a capella version of "American Pie." Biden then presented Yoon with one of McLean's signed acoustic guitars, which Yoon showed off to a cheering crowd. "The next state dinner we have, you're looking at the entertainment," Biden joked, pointing to Yoon.
☆ South Korea's Yoon sings 'American Pie' at White House state dinner
  + stars: | 2023-04-27 | by ( Jeff Mason | Thomson Reuters | Jeff Mason Is A White House Correspondent For Reuters. He Has Covered The Presidencies Of Barack Obama | ) www.reuters.com   time to read: +1 min
[1/5] U.S. President Joe Biden gifts a guitar signed by artist Don McLean to South Korea's President Yoon Suk Yeol at an official State Dinner, during Yoon Suk Yeol's visit, at the White House in Washington, U.S. April 26, 2023. REUTERS/Evelyn HocksteinWASHINGTON, April 26 (Reuters) - It turns out South Korean President Yoon Suk Yeol can sing. When the singers finished, President Biden and President Yoon took the stage and Biden invited Yoon, because of his love of the song, to give it a whirl himself. "Something touched me deep inside, the day the music died," he finished, sparking a standing ovation and loud applause from the audience and the Broadway singers, who were still on stage. Biden told Yoon he had "no damn idea" he could sing, and then presented him with a guitar signed by Don McLean, who wrote the song.
☆ U.S. Agrees to Pay $5 Million to Family of Man Killed by Park Police Officers
  + stars: | 2023-04-21 | by ( Eduardo Medina | ) www.nytimes.com   time to read: 1 min
The family of a Virginia man who was fatally shot by U.S. Park Police in 2017 has agreed to settle a wrongful-death lawsuit against the government for $5 million, according to a court filing on Friday. The expected settlement, which awaits final approval by a judge, came nearly six years after Bijan Ghaisar, 25, of McLean, Va., was shot five times by two U.S. Park Police officers who had chased his car on George Washington Memorial Parkway after a fender-bender. Mr. Ghaisar’s parents, James and Kelly Ghaisar, will receive $3.75 million, and their lawyers will get $1.25 million, according to court records. Mr. Ghaisar’s parents could not be reached for comment on Friday evening, and their lawyers did not immediately respond to requests for comment.
☆ These are the top 10 cities to find a remote job
  + stars: | 2023-04-15 | by ( Jennifer Liu | ) www.cnbc.com   time to read: +3 min
Fewer people are working from home today compared with the last few years, but remote work is continuing to reshape major cities across the U.S. Nationally, roughly 12% of job openings explicitly allow remote work at least one day a week, according to data from WFH Map, a group of economists and researchers measuring the lasting impacts of remote work, and Lightcast, a labor-market analytics firm with access to online job postings across the nation. Markets with labor shortages and a high share of job vacancies are more likely to have openings that will allow remote work, compared with cities where hiring has returned to pre-pandemic levels. When compared with international counterparts, the share of remote job openings in the U.S. is similar to what's being offered in Canada, Australia and New Zealand, hovering around 11% to 12%. The U.K., meanwhile, stands out with about 18% of jobs open to remote work as of February.
☆ There are some really serious allegations in this Hindenburg report, says RSE Ventures' Matt Higgins
  + stars: | 2023-03-23 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere are some really serious allegations in this Hindenburg report, says RSE Ventures' Matt HigginsBethany McLean, Vanity Fair contributing editor, RSE Ventures CEO Matt Higgins and the NY Post's Lydia Moynihan join 'Last Call' to discuss short seller Hindenburg's fraud accusations against Block.
☆ McLean: Regulators should have been paying closer attention to the impact of rate increases on banks
  + stars: | 2023-03-17 | 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 EmailMcLean: Regulators should have been paying closer attention to the impact of rate increases on banksVanity Fair Contributing Editor Bethany McLean discusses the outlook for the global banking crisis.
☆ U.S. must address rise in aviation close calls - officials
  + stars: | 2023-03-15 | by ( David Shepardson | ) www.reuters.com   time to read: +2 min
McLEAN, Virginia, March 15 (Reuters) - Transportation Secretary Pete Buttigieg said Wednesday the United States cannot wait for the next "catastrophic event" to address an uptick in aviation close calls that sparked alarm. "We have seen an uptick in serious close calls that we must address together. National Transportation Safety Board chair Jennifer Homendy said the board has issued seven recommendations on runway collisions that have not been acted on. "There have been far too many close calls," Homendy said at the summit. "In light of the recent close calls and the attention being focused on even routine go-arounds — are we emphasizing efficiency over safety?
☆ CIA future will be defined by US technology race with China, director says
  + stars: | 2023-03-08 | by ( ) www.reuters.com   time to read: +3 min
[1/2] The seal of the Central Intelligence Agency is shown at the entrance of the CIA headquarters in McLean, Virginia, U.S., September 24, 2022. REUTERS/Evelyn HocksteinWASHINGTON, March 8 (Reuters) - The U.S. Central Intelligence Agency’s future will be defined by America's ongoing technology race with China, agency director William Burns said on Wednesday during a Senate hearing. Burns’ remarks followed the release of the Annual Threat Assessment of the U.S. Intelligence Community, which pointed to China as the biggest national security threat facing America. “It's also the main determinant of our future as an intelligence service as well.”The CIA director was speaking during Congress’s so-called Worldwide Threats hearing, also featuring other heads of the U.S. intelligence community, including National Security Agency Director Gen. Paul Nakasone, National Intelligence Director Avril Haines, Defense Intelligence Agency director Lt. Gen. Scott Berrier and Federal Bureau of Investigation Director Christopher Wray. Gen. Nakasone, the NSA director, testified China's cyber operations have grown more aggressive recently.
☆ Meet 6 trailblazers in the NFL, Coast Guard and more: 'Success isn't being the first,' it's having 'many others follow'
  + stars: | 2023-03-08 | by ( Morgan Smith Gili Malinsky Ashton Jackson Jennifer Liu | Morgan Smith | Gili Malinsky | ) www.cnbc.com   time to read: +9 min
"There was something about the Coast Guard, the missions, seeing the small boats that just spoke to me," she says. Fagan ended up attending the U.S. Coast Guard Academy and her first tour of duty in 1985 took her to Antarctica. From there, the Coast Guard would offer a new assignment every couple of years. Of all 32 teams in the NFL, less than 10 have a Black or female president. "To me, the definition of success isn't being the first — it's to have many, many others follow behind you."
☆ 'Havana syndrome' not caused by foreign adversary, U.S. intel finds
  + stars: | 2023-03-01 | by ( Jonathan Landay | ) www.reuters.com   time to read: +4 min
The mysterious syndrome, first reported by U.S. officials in the Cuban capital Havana in 2016, has afflicted U.S. diplomats, intelligence officers and other U.S. personnel worldwide. The investigation also did not find common medical explanations for all of the different symptoms reported or common circumstances, according to intelligence officials. The declassified assessment said the seven U.S intelligence agencies that conducted the investigation had varying levels of confidence in the judgments. "We cannot tie a foreign adversary to any incident," said one of two U.S. intelligence officials who briefed reporters on the investigation. U.S intelligence agencies found confusion among foreign foes over the issue, according to the briefing.
☆ Washington Post: Bezos hires investment firm to explore possibility of NFL team bid
  + stars: | 2023-02-23 | by ( Dave Alsup | ) edition.cnn.com   time to read: +1 min
CNN —Amazon founder Jeff Bezos hired an investment firm to research a possible bid for the NFL Washington Commanders team, two people familiar with the situation told the Washington Post. The Washington Post, which Bezos owns, reported that the firm he is working with is New York-based Allen & Company, according to the newspaper’s sources. Hiring the firm doesn’t mean Bezos will buy the team or that he will even bid — but does signal some level of interest. A spokesperson for Bezos declined to comment to both CNN and The Washington Post regarding the report. That same month, in an interview CNN’s Chloe Melas, the billionaire businessman was asked if he was seeking to buy the team.
☆ TikTok helped Colleen Hoover sell 14.3 million copies of her books in 2022, new data shows. Here are 3 other key takeaways about BookTok's impact on sales.
  + stars: | 2023-02-22 | by ( Marta Biino | ) www.businessinsider.com   time to read: +4 min
Book sales declined 5.8%, but BookTok authors registered a 66% growth in 2022. NPD's BookTok authors list includes over 100 writers "featured prominently on TikTok's BookTok channel." These two charts show how much BookTok has grown over the years, and which BookTok authors have increased their sales in 2022. The power of BookTok goes beyond fictionIt's not just fiction authors like Hoover and Jenkins Reid who find success on the platform. "I cannot overstate the power of what's happening on BookTok," McLean said.
☆ TikTok had a big impact on book sales in 2022, with Colleen Hoover leading the way, according to new data. Here are 4 key takeaways about BookTok's effect on the industry.
  + stars: | 2023-02-17 | by ( Marta Biino | ) www.businessinsider.com   time to read: +4 min
Book sales declined 5.8%, but BookTok authors registered a 66% growth in 2022. NPD's BookTok authors list includes over 100 writers "featured prominently on TikTok's BookTok channel." These two charts show how much BookTok has grown over the years, and which BookTok authors have increased their sales in 2022. The power of BookTok goes beyond fictionIt's not just fiction authors like Hoover and Jenkins Reid who find success on the platform. "I cannot overstate the power of what's happening on BookTok," McLean said.
☆ Several US mobile carriers suffer technical difficulties
  + stars: | 2023-02-14 | by ( Rob Mclean | ) edition.cnn.com   time to read: 1 min
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☆ Microsoft Outlook experiences widespread outage
  + stars: | 2023-02-07 | by ( Rob Mclean | ) edition.cnn.com   time to read: 1 min
How relevant is this ad to you? Video player was slow to load content Video content never loaded Ad froze or did not finish loading Video content did not start after ad Audio on ad was too loud Other issues
☆ IT Job Market Shrinks for First Time in Over Two Years
  + stars: | 2023-02-06 | by ( Belle Lin | ) www.wsj.com   time to read: +4 min
The job market for information-technology professionals shrank in January for the first time in over two years, a sign that IT staffers are facing the same scrutiny as workers in other positions and sectors as companies slow spending. Newsletter Sign-up WSJ | CIO Journal The Morning Download delivers daily insights and news on business technology from the CIO Journal team. The McLean, Va.-based bank said those roles would be absorbed by its existing engineering teams and product managers. Still, employment in the overall technology sector hasn’t wavered, according to IT trade group CompTIA. “Not only do we need to provide capabilities to propel the business forward, but we need the best engineering tools, modern architectures and people in the right roles to respond to changing market conditions,” Ms. Caldas said.
☆ Confessions of 20-somethings who live at home and splash out on cars, designer handbags, and nightclubs instead
  + stars: | 2023-02-04 | by ( Dan Latu | Kelsey Neubauer | ) www.businessinsider.com   time to read: +9 min
They're also spending the money they would have spent on rent on pricey goods and travel. Courtesy of Julia MachajProfession: EngineerIf she weren't living with her parents she'd live in: Stamford, Connecticut, where the rent starts at $1,875, according to Rent.com. Courtesy of Jonathan BranchProfession: AccountantIf he wasn't living with his parents he'd live in: Arlington, Virginia, where rent starts at $1,999, according to Rent.com. He's spent money on: $700 Sony camera and $800 lensesJonathan Branch recently turned 30, but spent his twenties living at home in Fairfax, Virginia. Courtesy of Gabby BeckfordProfession: Travel influencerIf she weren't living with her parents she'd live in: Seattle, Washington, where rent starts at $1,560, according to Rent.com.
☆ Nikki Haley is set to announce a 2024 presidential run. What you need to know about the former ambassador and governor as she gears up to face Trump.
  + stars: | 2023-02-01 | by ( Matthew Loh | ) www.businessinsider.com   time to read: +1 min
Nikki Haley plans to announce a 2024 presidential run on February 15, a spokesperson confirmed to Insider. Nikki Haley (R-SC) speaks during a campaign event for Virginia gubernatorial candidate Glenn Youngkin (L) (R-VA) July 14, 2021 in McLean, Virginia. Youngkin is running against former Virginia Gov. Nikki Haley plans to run for president in 2024 and is set to announce her bid on February 15 in Charleston, reported The Post and Courier. But Haley has been hinting at a presidential run in recent weeks, saying she could potentially be America's new leader while speaking in a January interview on Fox News.
☆ Tech CEO apologizes for quoting Martin Luther King Jr. in layoff announcement
  + stars: | 2023-01-31 | by ( Rob Mclean | ) edition.cnn.com   time to read: +1 min
New York CNN —A tech CEO is apologizing after quoting Martin Luther King Jr. in a layoffs announcement. On January 24, PagerDuty CEO Jennifer Tejada sent a letter to employees announcing the digital operations management company would eliminate about 7% of its workforce. Tejada quoted King at the end of that letter. “The quote I included from Dr. Martin Luther King, Jr. was inappropriate and insensitive,” she said in the memo. I am sorry.”When asked for additional comment, a representative for PagerDuty pointed to the blog post updated with Tejada’s apology.
☆ Lands' End almost lost its wealthy boomer customers when it tried to court millennials and Gen Z. Now it's going for Gen X.
  + stars: | 2023-01-23 | by ( Dominick Reuter | ) www.businessinsider.com   time to read: +3 min
Lands' End's baby-boomer shoppers are among the most loyal of any brand, but they are aging. Sales fell when the company tried to attract millennials in 2015 with a move into party dresses and heels. In recent years Lands' End has made a concerted effort to reach oft-overlooked Gen X shoppers. Within just one year Lands' End swung from a $9.2 million profit to a $7.7 million loss and customers were abandoning the brand. "Seventy-five percent of them either never shopped at Lands' End, or are lapsed customers and haven't shopped at Lands' End for five years.
☆ Capital One Job Cuts Signal Trouble for IT Labor Market
  + stars: | 2023-01-21 | by ( Belle Lin | ) www.wsj.com   time to read: +5 min
Technology sector employment overall has remained stable, but job postings for future tech hiring have declined for the second consecutive month, according to IT trade group CompTIA. Companies across industries hired 137,000 tech workers in December, compared with 130,000 the month prior, CompTIA estimates based on an analysis of U.S. Labor Department data. Newsletter Sign-up WSJ | CIO Journal The Morning Download delivers daily insights and news on business technology from the CIO Journal team. News of the job cuts was reported earlier by Bloomberg. Some employers might be shedding the additional technology workers they hired to ramp up remote-work capabilities during the early days of the Covid-19 pandemic, said Mark Muro, a senior fellow at Brookings Institution.
☆ Why this retailer is bypassing Millennials and Gen Zers for Gen X customers
  + stars: | 2023-01-21 | by ( Parija Kavilanz | ) edition.cnn.com   time to read: +4 min
Not Lands’ End. As it looks to grow its customer base, Lands’ End is bucking the trend by purposely embracing the “forgotten generation,” Gen Xers. “It didn’t fly with our customers.”In a rush to grab the attention of younger consumers, the retailer stumbled and made fashion missteps. But the company says it knows who its core customers are. They’re Gen Xers,” he said, adding that Gen X shoppers showed the same long-term loyalty to the brand as Baby Boomers.
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