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☆ Mark Zuckerberg should forget the Quest: Meta's Orion is the real game changer, tech analysts say
▼ + stars: | 2024-09-27 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +4 min

But some tech analysts contend people are most interested in truly wearable tech, like Orion. Quest is limiting because of its bulk — and Orion AR glasses are an improvement, the analysts said. Some said they're persuaded that augmented-reality wearable glasses like Orion have more potential than mixed-reality headsets, like the bulky Quest. Meta's Quest, pictured in May, doesn't have as much potential as its new Orion glasses, some analysts say. AdvertisementHe said that's why he likes Zuckerberg's vision of more easily wearable tech, like Orion.

Persons: —, Mark Zuckerberg, they're, Zuckerberg, Gene Munster, Munster, doesn't, It'll, Justin Post, Meta hasn't, Ben Thompson, Andrew Bosworth, Orion Organizations: Meta, Service, Orion, Quest, Deepwater Asset Management, Munster, Orion . Bank of America Locations: Orion .

☆ Japan's new prime minister could try to shake up the country's military pact with the US
▼ + stars: | 2024-09-27 | by ( Hannah Abraham | Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

Shigeru Ishiba is set to be appointed Japan's prime minister on Tuesday. Ishiba has previously suggested that Japan's military pact with the US should be overhauled. AdvertisementShigeru Ishiba, a former defense and agriculture minister, is set to become Japan's next prime minister. AdvertisementHis leadership is likely to transform Japan's military alliance with the US, as well as have wider implications for the region's security. However, Japan's military is beset by recruiting challenges and is experiencing manpower shortages.

Persons: Shigeru Ishiba, Japan's, Ishiba, —, Fumio Kishida Organizations: Liberal Democratic Party, Service, LDP, Reuters, Wall Street, Washington, Foreign Relations, NATO, Guardian, Japan's Yomiuri Locations: Japan, Taiwan, China

☆ Columbus, Ohio is the city with the fastest car commute in America, new study shows—see the full top 10 list
▼ + stars: | 2024-09-27 | by ( Celia Fernandez | ) www.cnbc.com time to read: +1 min

The United States is home to some of the most congested cities in the world, but there are some places around the country where residents have a smooth daily commute. The average commute time was calculated using the 2022 American Census Survey and the traffic was calculated using Lyft data from August 2023 to August 2024. The report found that 25% of the commuters surveyed said that time was the most important factor in having a great commute. "If you are going back to the office, you know that the commute is not what it once was. Though dealing with congestion might seem bad, Bob Pischue, a transportation analyst at INRIX, says it's a sign of a good economy.

Persons: it's, Jill Gonzalez, Bob Pischue Organizations: Survey, CNBC Locations: States, United States, U.S, INRIX

☆ My husband and I spent $275 at Fleming's Steakhouse. The pricey restaurant was better suited for business dinners than date nights.
▼ + stars: | 2024-09-27 | by ( Andrea Mchugh | ) www.businessinsider.com time to read: +1 min

My husband and I visited Fleming's Prime Steakhouse and Wine Bar for a date night. Most of our food was delicious, but at $275, we didn't feel our meal was worth the high price tag. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . So, for a recent date night, my husband and I went to Fleming's Prime Steakhouse and Wine Bar.

Persons: — Organizations: Service, Fleming's, Wine, Omni, Bloomin, Inc, Outback Locations: ribeye, Los Angeles, Dallas, Nashville, Atlanta, Providence , Rhode Island, California

☆ Florida homeowners still face an insurance crisis in the wake of Hurricane Helene
▼ + stars: | 2024-09-27 | by ( Erin Snodgrass | Jordan Pandy | ) www.businessinsider.com time to read: +5 min

Sky-high insurance premiums and extreme weather have already prompted some Floridians to move. But the storm calls into focus an already difficult part of living in Florida: home insurance. According to an analysis of US Census data by NBC News, around 18% of homeowners in Florida are without home insurance. AdvertisementThe amount of damage a storm causes typically affects insurance premiums. The Florida Office of Insurance Regulation estimated Hurricane Idalia — which made landfall in Florida as a Category 4 in 2023 — totaled more than $309.5 million in losses.

Persons: Helene, —, Floridians, John, Natalia, Hurricane Idalia, Mark Friedlander Organizations: Service, National Hurricane Center, NBC News, USA, California ., Sunshine State, Capital Economics, Business, Hurricanes, Dade, Insurance, Insurance Information Institute, Tampa Bay Times Locations: Florida, Florida , Georgia, South Carolina, North Carolina, California, California . Florida, Insurify, Dell Prairie , Wisconsin, Plantation , Florida, Fort Lauderdale, Florida's panhandle, Miami, Dade County, Broward County, Leon County, Tallahassee

☆ I left Goldman Sachs to plan weddings for the ultra-rich. I do 4 key things to keep my clients — and their families — happy.
▼ + stars: | 2024-09-27 | by ( Lian Kit Wee | ) www.businessinsider.com time to read: +6 min

Lelian Chew is the founder of The Atelier & Co, a Singapore-based luxury wedding planning company. I spent a decade at Goldman Sachs, working in Singapore and Hong Kong managing key relationships by flying to a different Chinese city each day. English wasn't his first language, so he misunderstood and thought I was starting a wedding planning business. He immediately asked me to help plan his son's wedding, insisting I take a look since I knew the family well. Many of our elder clients want to see their grandchildren uphold customs they cherish, like family crests and cultural elements.

Persons: Chew, Chew doesn't, —, Lelian Chew, Goldman Sachs, I, Lelian, it's Organizations: Service Locations: Singapore, Hong Kong, Indonesia, Maldives

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy investors think Cava can become the next ChipotleCava, the fast-casual Mediterranean chain known for its bowls and pitas, has had a massively successful year following its IPO in June 2023. It's revenue, same-store sales and transaction growth have all seen major increases in its second quarter in 2024. Some analysts predict it will follow predecessor and competitor, Chipotle's, path.

Locations: Cava

☆ UK PM Keir Starmer on 2024 U.S. election: We will work with whoever the president is
▼ + stars: | 2024-09-27 | 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 EmailUK PM Keir Starmer on 2024 U.S. election: We will work with whoever the president isUK Prime Minister Keir Starmer joins 'Squawk Box' to discuss the country's stance on ongoing wars, UK's decision to suspend some arms exports to Israel, state of UK-U.S. relationship, his view on the 2024 U.S. election, and more.

Persons: Keir Starmer Locations: Israel

☆ 'Monsters' co-creator Ryan Murphy calls backlash from the Menendezes 'predictable at best.' It's not the first time he's upset families at the center of his true crime shows.
▼ + stars: | 2024-09-27 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +6 min

Lyle Menendez and Erik Menendez killed their parents in 1989, but they have the support of family members. The first season of "Monster" was about Jeffrey Dahmer, and angered his victims' families. AdvertisementOnce again, Netflix's "Monsters" has angered the families at the center of the true crime show, but co-creator Ryan Murphy is standing firm. Lyle Menendez and Erik Menendez admitted to killing their parents during their first trial in 1993, arguing they acted in self-defense after years of abuse. Still, "Monster: The Jeffrey Dahmer Story" was nominated for 13 Emmys, and Netflix has already renewed the anthology for a third season.

Persons: Lyle Menendez, Erik Menendez, Ryan Murphy, Jeffrey Dahmer, —, Lyle, Menendez, Erik Menendez's, Tammi Menendez, Murphy, Dominick Dunne, Joan VanderMolen, o7KEOEoYwr — Tammi Menendez, Dunne, Ian Brennan, Steve Granitz, It's, Kim Kardashian, Cooper Koch, Evan Peters, Dahmer, Netflix Dahmer, Rita Isbell, Errol Lindsey, Netflix should've, Tatiana Banks, Lindsey's, show's, haven't, Thomas M, Jacobson, " Jacobson Organizations: Service, Netflix, Hollywood

☆ AI helps uncover hundreds of unknown ancient symbols hidden in Peru’s Nazca Desert
▼ + stars: | 2024-09-27 | by ( Katie Hunt | ) edition.cnn.com time to read: +7 min

CNN —Archaeologists working in Peru, assisted by artificial intelligence, have discovered 303 previously unknown giant symbols carved in the Nazca Desert. A geoglyph of a humanoid with a headdress is one of the newly discovered symbols. Deciphering Nazca symbols’ purposeIt’s not clear why the Nazca people made the symbols. The bigger Nazca symbols were near networks of straight lines, squares and trapezoids etched into the earth. “Our findings suggest that their meaning is formed through their combinations,” he said, referring to the way the Nazca geoglyphs are grouped together.

Persons: headdresses, geoglyphs, “, Masato Sakai, IBM’s Thomas J, ”, ” Sakai, Amina Jambajantsan, Jambajantsan wasn’t, ” Jambajantsan, Sakai Organizations: CNN —, Yamagata University Institute of, Japan’s Yamagata University, Watson Research, Yamagata University Institute of Nasca, Max Planck Institute of Geoanthropology’s Department of Archaeology Locations: Peru, Peru’s, Yorktown Heights , New York, ”, Jena , Germany, Mongolia

☆ OpenAI execs were reportedly worried the company could collapse when Ilya Sutsveker left — and tried to woo him back
▼ + stars: | 2024-09-27 | by ( Ana Altchek | ) www.businessinsider.com time to read: +6 min

A new WSJ report sheds light on the internal tensions at OpenAI amid CTO Mira Murati's exit. The report said execs worried the company could collapse when cofounder Ilya Sutskever left in May. AdvertisementQuestions are swirling about what exactly has been going on at OpenAI amid a string of high-profile executive departures including former CTO Mira Murati. AdvertisementIt also reveals that executives worried about a potential collapse after OpenAI cofounder Ilya Sutskever left in May, and their attempts to woo the AI researcher back before reconsidering the offer. However, the Journal's reporting offers some fresh details about Murati's involvement as CTO amid the crunch to ready and ship new products.

Persons: Mira Murati's, execs, Ilya Sutskever, —, Mira Murati, Sam Altman, Murati's, Sutskever, Altman, hadn't, Jan Leike, Greg Brockman, Brockman, Murati, Sarah Friar Organizations: Service, Wall, Business, CNBC

☆ Eric Adams is showing up to court for the first time since his historic indictment
▼ + stars: | 2024-09-27 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +2 min

Eric Adams is appearing in court for the first time in his criminal case Friday. AdvertisementNew York City Mayor Eric Adams arrived in Manhattan federal court Friday morning, where he is expected to enter a plea in his sprawling criminal bribery case. Adams is being represented in his criminal case by Alex Spiro, Elon Musk's go-to lawyer. Spiro recently won an acquittal for Alec Baldwin in a criminal case over the "Rust" movie set shooting. AdvertisementHo took the bench in a year ago, and the indictment against Adams would be his first high-profile case as a judge.

Persons: Eric Adams, He's, Adams, —, Katherine Parker, Sean, Diddy, Combs, Alex Spiro, Elon Musk's, Spiro, Alec Baldwin, Dale Ho, Joe Biden, Ho Organizations: Prosecutors, Service, York City, of, Turkish, United, US, American Civil Liberties Union Locations: Turkey, York, Manhattan, Southern, of New York, United Nations

A bulldozer moves coal that will be burned to generate electricity at the American Electric Power coal-fired power plant in Winfield, West Virginia. The U.S. currently maintains the largest nuclear fleet in the world with 94 operational reactors totaling about 100 gigawatts of power. The U.S. needs to add 200 gigawatts of nuclear, Goff told CNBC in an interview. "A lot of the data centers are coming in and saying they do need firm, 24/7, baseload clean electricity," Goff said. But restarting reactors in the U.S. will only provide a small fraction of the nuclear power that is needed, he said.

Persons: Mike Goff, Goff, Goldman Sachs Organizations: American Electric Power, of Nuclear Energy, Department of Energy, U.S, CNBC, Bank of America, Constellation Energy, Microsoft Locations: Winfield , West Virginia, U.S, New York City

☆ Tanger CEO: The shopper is coming back as Labor Day was 'extremely strong'
▼ + stars: | 2024-09-27 | 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 EmailTanger CEO: The shopper is coming back as Labor Day was 'extremely strong'Stephen Yalof, Tanger CEO, joins 'Money Movers' to discuss Yalof's vantage point on the consumer, how investors should think about consumer strength, and if spending is category specific.

Persons: Stephen Yalof Organizations: Labor

☆ The stock market's euphoria-driven record highs are at risk of a painful downturn, 'Black Swan' investor says
▼ + stars: | 2024-09-27 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +3 min

Spitznagel thinks they should focus instead on lagging drivers that could spur a sharp stock downturn. Advertisement"Black Swan" investor Mark Spitznagel thinks that the stock market's streak of record highs is distracting from a more jarring reality that could come by year-end. In a recent interview with Bloomberg TV, he said investors are currently enjoying a market that's in a "Goldilocks zone." "When the yield curve disinverts and then unverts, the clock starts ticking and that's when you enter black swan territory," Spitznagel told Bloomberg. He has warned of a stock market crash since January 2023, and back in July, he said the market's yearslong rally has become the "greatest bubble in human history," and its bursting would make for a recession.

Persons: Stocks, they've, Mark Spitznagel, Spitznagel, —, That's, capitalizes Organizations: Service, Bloomberg TV, Bloomberg, Universa Investments

☆ What the Eric Adams indictment means for New York City's leadership and future
▼ + stars: | 2024-09-27 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, the walls are closing in on New York City Mayor Eric Adams after a federal indictment . New York City Mayor Eric Adams was indicted on five criminal counts in a corruption probe accusing him of bribery and receiving illegal campaign contributions from foreign nationals. In one case, according to the indictment, that meant a Turkish Airlines manager offering to charge Adams $50 for two business-class seats worth $15,000 . AdvertisementMessages obtained by prosecutors also show Adams promising his staffer he "always" deleted texts following a discussion of alleged Turkish bribes.

Persons: —, Eric Adams, Eric Adams Seth Wenig, Alyssa Powell, Adams, Damian Williams, Gary Hershorn, He's, Alex Spiro, Elon Musk's, Kathy Hochul, Jumaane Williams, Ali Jarekji, it's, David Tepper, Sam Altman's, Getty, Olivier Verriest, Andrei Akushevich, Tyler Le, Dan DeFrancesco, Jordan Parker Erb, Jack Sommers, Nathan Rennolds, Amanda Yen, Milan Sehmbi Organizations: Business, Service, New York City, New, Democrat, Brooklyn Borough, Southern, of, Turkish Airlines, FDNY, Reuters, Financial Times, YouTube, Snapchat, Publishers, York Film Locations: New, States, New York, Manhattan, of New York, Turkish, Ali, Saudi Arabia, China, London

☆ Elon Musk's plan to dominate the in-flight internet market gained another customer. Here's every airline using Starlink.
▼ + stars: | 2024-09-27 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Air France announced it will offer free ultra-high-speed WiFi via Elon Musk's Starlink from 2025. Air France announced that from 2025, it will offer ultra-high-speed WiFi free of charge to customers in every cabin. Musk celebrated the deal in a post on X, replying to Air France's post by saying: "Air France is installing Starlink!" The announcement comes just two weeks after United Airlines also confirmed it was signing up to become a Starlink customer. As of the Air France announcement, here are all the airlines that have publicly announced deals with Starlink:

Persons: Elon Musk's, —, Elon Musk's Starlink, Musk, you'll, Scott Kirby Organizations: Air France, Elon, Elon Musk's Starlink, United Airlines, Qatar Airways, Hawaiian Airlines, Service, SpaceX, Viasat, Boeing, Air, Starlink Locations: Starlink, Air France

☆ Timmons: The economic impact of a strike could be consequential
▼ + stars: | 2024-09-27 | 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 EmailTimmons: The economic impact of a strike could be consequentialJay Timmons, President & CEO of the National Association of Manufacturers, warns that a strike could hurt manufacturers like Pfizer and Toyota by raising costs and disrupting supply chains.

Persons: Timmons, Jay Timmons Organizations: National Association of Manufacturers, Pfizer, Toyota

☆ The case for an economic bumpy landing ahead
▼ + stars: | 2024-09-27 | 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 EmailThe case for an economic bumpy landing aheadAcademy Securities' Peter Tchir and CNBC's Rick Santelli discuss China's monetary stimulus measures, the U.S. economy and the Fed's balance sheet.

Persons: Peter Tchir, Rick Santelli Organizations: Securities Locations: U.S

☆ Maggie Smith once said starring in the 'Harry Potter' films 'wasn't satisfying' for her as an actor
▼ + stars: | 2024-09-27 | by ( Hayley Peppin | Eve Crosbie | ) www.businessinsider.com time to read: +3 min

Maggie Smith once said that starring in the "Harry Potter" films "wasn't satisfying" for her. She added that she and Alan Rickman used to complain that their work on the films was mainly reaction shots. AdvertisementDame Maggie Smith is being remembered for her portrayal of the no-nonsense Professor McGonagall following her death at age 89. However, the British actor once said that being part of the Harry Potter films "wasn't satisfying" enough. "I am deeply grateful for the work in 'Potter' and indeed 'Downton,' but it wasn't what you'd call satisfying," she said, referring also to "Downton Abbey."

Persons: Maggie Smith, Harry Potter, Alan Rickman, —, McGonagall, Oscar, Potter, Downton, Severus Snape, Warner, Violet Crawley, Dowager, Miss Jean Brodie, Tony, Toby Stephens, Chris Larkin Organizations: Service, Evening, British, Warner Bros Locations: British, Grantham, Downton

☆ 'Coolcations' had another big summer. Here are the places travelers went
▼ + stars: | 2024-09-27 | by ( Leila Najafi | Ulrike Lemmin-Woolfrey | ) www.cnbc.com time to read: +1 min

Extreme temperatures are driving travelers to seek cooler destinations. From January to June 2024, flight searches increased 705% to Lapland, Finland, according to Expedia. The online travel agency said flight searches are also up to Canada, specifically Banff (65%) and Lake Louise (55%), its data showed. "We live in the San Fernando Valley in Los Angeles where we experience extreme heat for most of the summer, reaching highs well above 100," she said. "We want to be comfortable when we are traveling to experience all a city has to offer and take a break from the extreme heat at home."

Persons: Lake Louise, Vrbo, Stephanie Greitzer Organizations: U.S . Environmental Protection Agency, Expedia, CNBC Travel Locations: Lapland, Finland, Canada, Banff, Lake, Breckenridge , Colorado, White, , New Hampshire, Pocono, , Pennsylvania, Whistler, San Fernando, Los Angeles

☆ Anthropic's comms chief mocks OpenAI after cofounder's bizarre tweet about jacuzzis and the Middle Ages
▼ + stars: | 2024-09-27 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

An Anthropic executive jumped at the opportunity to mock OpenAI in response. AdvertisementTech rivalries are always a hot topic on X, and on Friday, an Anthropic executive couldn't help but take a jab at OpenAI. OpenAI cofounder Wojciech Zaremba took to X on Friday to wax poetic about the latest high-profile departures. He likened the exits of Murati, Zoph, and McGrew to children dying in the Middle Ages. Just hours later she wrote on X, "Happy to report that Anthropic's co-founders all still merrily work at the company.

Persons: OpenAI, Mira Murati, Bob McGrew, —, Sam Altman, Altman, Barret Zoph, Wojciech Zaremba, Zaremba, McGrew, Sasha de Marigny, Anthropic, Anthropic's, Anthropic’s, — Sasha de Marigny, John Schulman Organizations: Service, OpenAI Locations: Murati

☆ UK PM Keir Starmer: Prepared to do the 'tough' decisions to stabilize the economy
▼ + stars: | 2024-09-27 | 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 EmailUK PM Keir Starmer: Prepared to do the 'tough' decisions to stabilize the economyUK Prime Minister Keir Starmer joins 'Squawk Box' to discuss corporate tax rates in the UK, his thoughts on a wealth tax, regulatory hurdles for corporations, achieving economic stability, and more.

Persons: Keir Starmer

☆ Retail set for stabilization and growth in the next few months, says Bernstein's Aneesha Sherman
▼ + stars: | 2024-09-27 | 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 EmailRetail set for stabilization and growth in the next few months, says Bernstein's Aneesha ShermanAneesha Sherman, Bernstein Research's U.S. apparel and specialty retail vice president, joins CNBC's 'Closing Bell' to discuss rising consumer sentiment, her retail outlook for the holiday shopping season, and more.

Persons: Bernstein's Aneesha Sherman Aneesha Sherman, Bernstein

☆ GE Vernova: Here's why Jefferies' Julien Dumoulin-Smith is bullish on the stock
▼ + stars: | 2024-09-27 | 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 EmailGE Vernova: Here's why Jefferies' Julien Dumoulin-Smith is bullish on the stockJulien Dumoulin-Smith, Jefferies analyst, joins ‘Fast Money’ to discuss GE Vernova as the stock of the energy company is having a tremendous run this year.

Persons: Here's, Jefferies, Julien Dumoulin, Smith Organizations: GE, Jefferies, GE Vernova

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