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☆ Biden signals openness to using Western long-range missiles inside Russia as he meets Britain’s leader to discuss
▼ + stars: | 2024-09-13 | by ( Kevin Liptak | ) edition.cnn.com time to read: +9 min

The president has long resisted calls from Ukrainian officials to ease restrictions on the weapons. “We’re working that out right now,” Biden said when questioned this week whether he would permit Western-provided long-range missiles to target military sites like airfields, missile launchers, fuel tanks and ammunition depots inside Russia. Still, that the conversation over long-range weapons is happening at all is an indication of how stalled battlefield dynamics are causing western leaders to rethink their approach. The revelation that Iran has been providing Russia with ballistic missiles has changed the debate over Ukraine’s capabilities, Lammy said. Earlier in the week, the bipartisan congressional Ukraine caucus called on Biden to allow Ukraine to strike targets inside Russia with the long-range weapons.

Persons: Joe Biden, Biden, ” Biden, Friday’s Biden, Starmer, Vladimir Putin, Putin, Volodymyr Zelensky, Antony Blinken, “, it’s, we’ll, ” Blinken, Andrii Sybiha, David Lammy, Lammy, Defense Lloyd Austin, ” Austin, Ukraine’s, Sen, Ben Cardin, Jeanne Shaheen of, ” Shaheen, ” Organizations: Washington CNN, British, White, US, Army Tactical Missile Systems, Ukrainian, National Security, Labour Party’s, NATO, Defense, Ukraine Defense Contact Group, Defense Department, Ukraine “, Senior, Senate Foreign Relations, Biden, Republican Locations: Ukraine, Russia, Ukrainian, United Kingdom, Kyiv, France, Iran, Western, Kursk, Washington, Russian, United States, British, Germany, Crimea, Ben Cardin of Maryland, Jeanne Shaheen of New Hampshire

Taking a high dose of ADHD drugs is linked to more than five times greater risk of developing psychosis or mania, according to a new study published Thursday in the American Journal of Psychiatry. The research is among the first to find a relationship between escalating doses of the drugs — amphetamines, in particular — and a greater likelihood of psychotic symptoms. The drugs include Adderall, Vyvanse and generic amphetamines, such as dextroamphetamine. The medium dosage — 20 mg to 40 mg of Adderall, 50 mg to 100 mg of Vyvanse or 15 mg to 30 mg of dextroamphetamine — was linked to a 3.5 times higher risk. There was no increased risk of psychosis with another ADHD drug, Ritalin, which isn’t an amphetamine.

Persons: it’s, ”, Jacob Ballon, hadn’t, Will Cronenwett, ” Cronenwett, Vyvanse, Takeda, Lauren Moran, Brigham, “, ” Moran, Moran, Cronenwett, ” Ballon, they’re Organizations: American, of Psychiatry, Stanford Medicine, Northwestern Medicine, Psychiatry, NBC News, Takeda Pharmaceuticals, . Food, Drug Administration, FDA, Pharmaceuticals, McLean Hospital, Mass Locations: United States, U.S, Boston

☆ Live updates: SpaceX Polaris Dawn spacewalk set to kick off during historic mission
▼ + stars: | 2024-09-12 | by ( Jackie Wattles | Cnn'S Jackie Wattles | ) edition.cnn.com time to read: +2 min

Inspiration4 mission commander Jared Isaacman stands for a portrait in front of a Falcon 9 rocket at SpaceX facilities in Hawthorne, California, in February 2021. The mission was meant to demonstrate that people from all walks of life can train for and execute a mission to orbit. I don’t know — it made me a real believer.”That’s why, Isaacman said, he worked with Musk and engineers at SpaceX to build the Polaris Program. Polaris Dawn is the first mission under that umbrella, with at least two more ventures to space planned for later down the road. The Polaris Program’s goal is to develop and test technologies that SpaceX would need if it established an extraterrestrial settlement.

Persons: Jared Isaacman, Patrick T, Fallon, Jared Isaaacman, he’s, Isaacman, Elon Musk, Inspiration4, ” Isaacman, “, Musk, Polaris Dawn Organizations: SpaceX, Getty, SpaceX —, CNN, Polaris Program, Polaris Locations: Hawthorne , California, AFP, South Texas

☆ GM and Hyundai agree to explore collaboration on vehicles and manufacturing to reduce capital spending
▼ + stars: | 2024-09-12 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

Mary Barra, chair and CEO of General Motors, and Euisun Chung, executive chair of Hyundai Motor Group, during the signing of an agreement between the two companies to explore future collaboration across key strategic areas. DETROIT — General Motors and Hyundai Motor have entered into an agreement to explore "future collaboration across key strategic areas" in an effort to reduce capital spending and increase efficiencies, the companies announced Thursday. The automakers' potential areas of interest include co-development and production of passenger and commercial vehicles, internal combustion engines, and clean-energy, electric and hydrogen technologies, they said in a joint press release. The automakers also said they will "review opportunities for combined sourcing in areas such as battery raw materials, steel and other areas." The framework agreement was signed by Hyundai Motor Group Executive Chair Euisun Chung and GM Chair and CEO Mary Barra, the companies said.

Persons: Mary Barra, Euisun Chung Organizations: General Motors, Hyundai Motor, DETROIT —, Motors, Hyundai, Hyundai Motor Group Locations: DETROIT

☆ We're in the era of the permanent campaign. Could Kamala Harris change that?
▼ + stars: | 2024-09-12 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +9 min

Read previewWhen Vice President Kamala Harris announced that she was running for president on July 21, she changed more than the dynamics of the race — she upended the entire timeline of presidential elections. AdvertisementMichael Sistak, who served as Sen. Mitt Romney's political director in Michigan in 2012, described a presidential campaign as a "long slog through the mud." AdvertisementIn the 1960s, primaries became a fixture of presidential elections and added months to the campaign. The primary system emerged as a decisive force after World War II and solidified its place in the American presidential election process in 1968. "It's a slog from January all the way to the convention," she said about presidential election years.

Persons: —, Kamala Harris, Harris, Donald Trump, Rachael Cobb, Cobb, Joseph Campbell, Tim Hogan, Hillary Clinton, Amy Klobuchar, they're, Michael Sistak, Sen, Mitt Romney's, Hogan, Sistak didn't, — Campbell, Eugene McCarthy, Hubert Humphrey, Humphrey, Charles Stewart, Stewart, Sistak, Clinton, Daron Shaw, Shaw, isn't, we've Organizations: Service, Business, White House, Suffolk University, American University, White, Romney's, MIT, Politics, UT Austin, Democratic, Republican Locations: Michigan

☆ AI is forcing many companies to make difficult, costly hiring decisions
▼ + stars: | 2024-09-12 | by ( Barbara Booth | ) www.cnbc.com time to read: +6 min

But Kardes says the challenge lies in "ensuring the external expertise is effectively integrated with the internal team…to prevent long-term dependency." People have been doing machine learning and other parts of AI for a long time, but [generative AI] is somewhat novel." Instead of hiring external AI consultants, he developed a "tiger team" — a specialized internal team dedicated to experimenting with AI. Gen AI resultsBitsight's AI experiment focused on automating a labor-intensive task: leveraging generative AI to process vast amounts of cybersecurity articles produced daily across multiple languages. Today the company has more than 200 AI models embedded in various applications and workflows, driving innovations in senior care.

Persons: Hakan Kardes, Kardes, upskilling, Stephen Boyer, they've, who've, Boyer, Bitsight's, We've, Ryan Sutton, Robert Half, Sutton Organizations: Meta, Health, Tech

☆ Mega El Niño events may have caused planet’s greatest mass extinction
▼ + stars: | 2024-09-12 | by ( Katie Hunt | ) edition.cnn.com time to read: +8 min

The El Niño of 252 million years ago would have originated in the Panthalassic Ocean, a body of water much larger than today’s Pacific that could hold more heat, which in turn would have strengthened and sustained El Niño effects. The planet had experienced similar episodes earlier but they hadn’t triggered a mass extinction. A prolonged and intense El Niño also explained why extinctions had begun on land before they occurred in the ocean, the study said. This data showed how temperature rose at different latitudes as the mass extinction unfolded. El Niño events today are known to cause coral bleaching and mass mortality of fish, the study noted, but the ecological impact and future trajectory of El Niño events in a warming climate are unknown.

Persons: ”, Paul Wignall, David Bond, Paul Wignall El, Alex Farnsworth, El, ” Wignall, Niño, “, Yadong Sun, Niños, Wignall, Farnsworth, Alfio Alessandro Chiarenza, Chiarenza, wasn’t Organizations: CNN, University of Leeds, El, University of Hull, UK’s University of Bristol, China University of Geosciences, University of Bristol, Royal Society Newton International, University College London’s, supervolcanoes Locations: what’s, Russia, United Kingdom, Ellesmere, El, Pacific, Wuhan

☆ A Navy SEAL unit that killed Osama bin Laden is busy preparing for a possible Chinese invasion of Taiwan: report
▼ + stars: | 2024-09-12 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

Read previewA Navy SEAL unit that killed Osama bin Laden is busy preparing for a possible Chinese invasion of Taiwan, the Financial Times reported, citing people familiar with the preparations. SEAL Team 6, an elite military special missions unit, has spent more than a year planning and training for a potential Chinese invasion of the island at its Dam Neck base in Virginia Beach, per the FT. People familiar with its planning did not provide details to the FT about what specific missions it is preparing for. These include the rapid modernization of its armed forces over the past two decades, and drills around Taiwan. According to a June report from the American think tank RAND Corp, the US — if it decided to defend Taiwan from a Chinese invasion — may have to do it alone as several of its biggest allies are unlikely to commit troops.

Persons: —, Osama bin Laden, Osama bin, Phil Davidson, Adm, Samuel Paparo Organizations: Service, Navy SEAL, Financial Times, Business, Operations Command, Pentagon, Department of Defense, American Enterprise Institute, Institute for, Pacific, Japan's Nikkei, RAND Corp Locations: Taiwan, Virginia Beach, Afghanistan, Yemen, Syria, Somalia, Pakistan, China

☆ 'We're only in 1996': Why the AI boom is still in its earliest days, according to Bank of America
▼ + stars: | 2024-09-12 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +3 min

The AI boom is still in its infancy, following the path of the internet in the 1990s, BofA said. AI's impact will be felt sooner than past tech booms, the bank says. Skepticism about AI has mounted recently as investors get impatient to see AI returns. "Skeptics declare that GenAI's revenue potential doesn't justify the current level of AI infrastructure investment," the report says. On Tuesday, Morgan Stanley chief US equity strategist Mike Wilson said the AI investment theme has been "overcooked," and suggested investors should retreat into defensive stocks.

Persons: BofA, —, Morgan Stanley, Mike Wilson Organizations: Service, Bank of America, ChatGPT

☆ Women are demanding better menopause care. Online platforms are heeding the call.
▼ + stars: | 2024-09-12 | by ( Heather Lindsey | ) www.businessinsider.com time to read: +9 min

Online platforms reflect a growing demand for menopause care like hormone-replacement therapy. These studies aim to develop a better understanding of women's menopause symptoms like depression, insomnia, and hot flashes, with the goal of developing more helpful treatments. To further address the need for perimenopause and menopause research and medical care, Congress introduced in May the bipartisan Advancing Menopause Care and Mid-Life Women's Health Act. After roughly a year of treatment for her menopause symptoms, Miller is flourishing. "I'm getting my doctorate in higher educational administration, and I would have never been able to navigate such an enormous responsibility without menopause care," Miller said.

Persons: —, Jodi Miller, Miller, Dr, Mary Jane Minkin, Minkin, Neel Shah, Shah, palpitations, Joanna Strober, Midi, Strober, it's, Joe Biden, I'm Organizations: Healthcare, Service, OB, Yale School of Medicine, Health, View Research, Maven Clinic, Health's, women's, National Institutes of Health, Health Initiative, Education, Labor, Pensions, US Locations: Rochester , New York, midlife, India

☆ 'Nothing is going to change.' Why Wall Street insiders are casting doubt on new policies to protect junior investment bankers from burnout.
▼ + stars: | 2024-09-12 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +8 min

Two of Wall Street's biggest banks are adopting new policies to mitigate overwork and burnout for their junior investment bankers. Bank of America will use a new tool to better track working hours for junior bankers, the Journal report said, and flag HR when those go above 80. But the nature of investment banking work makes it hard to believe that such guardrails will stand the test of time. He completed an internship at an investment bank in New York last summer and accepted a return offer to start full time in 2025. If senior banking staff don't unilaterally enforce the cap and take it seriously, junior bankers can feel pressure to let the rules slide for the sake of the team and their own careers.

Persons: Leo Lukenas III, Lukenas, Jamie Dimon, JPMorgan Chase, we've, they're, Moritz Erhardt, —, We've Organizations: Service, Industry, JPMorgan, Street, Bank of America, Business, Bank of, Green Beret, of America Locations: New York, London

☆ Polaris Dawn crew conducts historic spacewalk during SpaceX mission
▼ + stars: | 2024-09-12 | by ( Jackie Wattles | Ashley Strickland | ) edition.cnn.com time to read: +8 min

Editor’s note: Relive the SpaceX Polaris Dawn historic commercial spacewalk as it happened. The Polaris Dawn crew can see a sunrise and sunset about every 106 minutes. Polaris Dawn crew members are seen within the SpaceX Crew Dragon capsule. Instead, the Polaris Dawn crew will receive their life support from long hoses attached to their spacecraft. Polaris Dawn crew member and SpaceX engineer Sarah Gillis is seen during the first commercial spacewalk.

Persons: —, Polaris Dawn crew’s, Jared Isaacman, Scott “ Kidd ” Poteet, Anna Menon, Sarah Gillis —, Isaacman, “, ” Isaacman, Gillis, ” Mennon, Bill Nelson, ” Nelson, Hatch, we’ve, Garrett Reisman, Sarah Gillis, Elon Musk, ” What’s, they’re, ” Organizations: SpaceX Polaris, CNN, Polaris, SpaceX, Shift4, US Air Force, NASA, Space, ISS Locations: wiggling, U.S

☆ Britain labels data centers critical infrastructure to boost cyber defenses
▼ + stars: | 2024-09-12 | by ( Ryan Browne | ) www.cnbc.com time to read: +3 min

Data centers today are crucial computing infrastructure that power the modern-day internet. Granting data centers critical infrastructure status will enable the government to coordinate better against hackers and unexpected cyber events, Kyle said. Data center operators will effectively be given a direct line to the government to prepare for and respond to data threats, the government said. Data centers are a key part of the modern internet as it exists today. When they go offline, it can cause massive outages for internet users, with sometimes critical services going down.

Persons: Andrew Aitchison, Peter Kyle, Kyle Organizations: Pictures, Corbis, Getty, British Technology, Amazon, U.S, Security Locations: Hertfordshire, England, Europe

☆ 'Economy class syndrome' is a medical issue that can happen on flights — no matter where you sit
▼ + stars: | 2024-09-11 | by ( Sonia Heng | In Sonia-Heng | ) www.cnbc.com time to read: +4 min

Experts call it "economy class syndrome" — but it can happen to anyone in any class of an airplane. Deep vein thrombosis, or DVT as it's known, occurs when blood clots in one or more veins. A 52-year-old former businessman in the banking industry said he developed deep vein thrombosis as a result of a four-hour flight from Singapore to Hong Kong. Urbazon | E+ | Getty ImagesThose who fly long-haul flights are at greater risk, but deep vein thrombosis can develop on shorter flights, he said. Alok Tapadia, a 52-year-old former businessman in the banking industry, said he developed deep vein thrombosis as a result of four-hour flight from Singapore to Hong Kong.

Persons: Pinakin, Parekh, I've, Tapadia, Doctors Organizations: Heart, Vascular, CNBC Travel, Mayo Clinic, Getty, Clinic Locations: Singapore, Hong Kong

☆ This college is offering a first-of-its-kind program for parents navigating an 'empty nest'
▼ + stars: | 2024-09-11 | by ( Renée Onque | ) www.cnbc.com time to read: +3 min

Arizona State University is launching a program for the parents and guardians of enrolled students called "Thriving in Your Empty Nest Chapter." "Many parents talk [about] the tears they shed, or that pit in their stomach, a sense of pride, but also grief of this profound transition. The online module will consist of live events every Friday via Zoom and allow parents to meet other parents around the world. "And because it's for parents, there's no quizzes, there's no homework, there's no expectation to have to finish it all. We're getting those dates together right now, and it's currently open to any ASU parents as well as ASU alumni," with children heading to college.

Persons: Kari Cardinale, Cardinale, " Cardinale, Rachel Glik, . Cardinale, Barbara Waxman, Gretchen Rubin, there's, It's, We're, it's Organizations: Arizona State University, Modern Elder Academy, CNBC, ASU Locations: United States

☆ Saudi Arabia's Neom project devolved into a wrestling match between bosses, report says
▼ + stars: | 2024-09-11 | by ( Tom Porter | ) www.businessinsider.com time to read: +1 min

A new report details chaos and feuds among bosses working on the Saudi Arabian Neom project. The Wall Street Journal said two people working on the project got into a physical fight. Saudi Arabia is plowing trillions of dollars into building the Neom megacity. Go to newsletter preferences Thanks for signing up! AdvertisementA dispute between a Neom executive and construction manager degenerated into a physical brawl, according to a report by The Wall Street Journal.

Persons: —, Antoni Vives Organizations: Street Journal, Service, Wall Street, Business Locations: Saudi Arabian, Saudi Arabia, Spain

☆ Who is Chappell Roan: Timeline of the singer’s rise to fame
▼ + stars: | 2024-09-11 | by ( Scottie Andrew | ) edition.cnn.com time to read: +12 min

CNN —Chappell Roan is having the year of her life. The rise of Chappell Roan, 2014 — 2015Chappell Roan hails from Willard, Missouri. This is when she adopts the stage name Chappell Roan — her late grandpa’s name was Chappell. “It’s been very freeing to be like, ‘Oh, Chappell Roan is my drag project.’”September 22, 2023: “The Rise and Fall of a Midwestern Princess” debuts, exactly six years after she put out her first EP as Chappell Roan. Chappell Roan at the Governors Ball in June in Queens, New York.

Persons: CNN — Chappell Roan, she’s, Roan, —, Britney Spears, Beyoncé, Chappell Roan, “ I’ve, It’s, ”, Roan’s, Kayleigh Rose, Troye Sivan, “, ” “ i’ve, ” Sivan, Chappell Roan —, Chappell, Jim Bennett, ” Chappell, Vance Joy, Declan McKenna, ” Roan, Tom Power, it’s, Dan Nigro, Olivia Rodrigo, Stone, TikTok, Fletcher, ” Crayola, “ It’s, Oh, ’, ” “, Jimmy Fallon, Astrida Valigorsky, Babe, Kate Bush, Lady, She’s, Marie Antoinette, Governors Ball, Nina Westervelt, Babe ! ”, Fallon, Sasha Colby, who’ve, “ I’m, Gaga’s Organizations: CNN, MTV, YouTube, Atlantic Records, Getty, Roan, Pony, ”, Sony, Amusement Records, Records, Boston, NPR, “, Lady Liberty, New, Governors, Spotify Locations: Missouri, Willard , Missouri, Seattle, Los Angeles, Manhattan, Los Angeles and New York, North America, London, Roan, Queens , New York, Chicago

☆ Even kids of the ultrawealthy are anxious about inheritance. Here are 4 top questions I get asked as a wealth expert.
▼ + stars: | 2024-09-11 | by ( Charissa Cheong | ) www.businessinsider.com time to read: +8 min

I'm the managing director and head of the Merrill Center for Family Wealth. But often, they aren't sure what success means to those people, perhaps because family members feel uncomfortable talking about it. How can I build my own personal identity, both within and outside the family wealth? Many rising generation members are concerned about how to carve out a path for themselves. When rising generation members interact with friends and colleagues, it can lead to uncomfortable questions about wealth and privilege.

Persons: —, Valerie Galinskaya, we've, I've, We've Organizations: Service, Bank of America, Business, Merrill Center, Family Wealth Locations: New York City, San Francisco

☆ Einstein's 1939 letter, warning of atomic weapons, just sold at auction for $3.9 million
▼ + stars: | 2024-09-11 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +4 min

Now, a copy of that letter, also signed by Einstein, has sold at a Christie's auction for $3.9 million. Though Einstein didn't write the letter, his worldwide esteem meant his signature added significance and credibility to the letter. Einstein's influence on the Manhattan ProjectEinstein's letter to Roosevelt sold for nearly $3.9 million at auction. Related storiesFor Szilard and Einstein, the possibility of the Germans creating a nuclear weapon was reason enough to write President Roosevelt. AdvertisementOnce Germany surrendered, however, Szilard and Einstein no longer felt the use of nuclear weapons was justified.

Persons: —, Albert Einstein, Franklin Roosevelt, Einstein, Roosevelt, Franklin, Peter Klarnet, Christie's, Einstein didn't, Paul Allen, Allen, Malcolm Forbes, Leo Szilard's, Szilard, Adolf Hitler's, Bertrand Russell, Russell Organizations: Service, Business, Manhattan Project, Microsoft, Guardian, Manhattan, US Army Intelligence, Einstein Locations: New York, Christie's, Germany, Hungarian, Europe, Hiroshima, Nagasaki, Japan

☆ Apple is taking a bigger bite out of the creator economy and influencers are fuming
▼ + stars: | 2024-09-11 | by ( Amanda Perelli | ) www.businessinsider.com time to read: +6 min

Read previewApple's in-app fees are eating away at creator earnings without giving much back in return, according to disgruntled members of the influencer industry. The fee takes a percentage of donations and purchases made through Apple mobile devices, affecting marketers, followers, and creators themselves. Advertisement"There's no denying the positive impact Apple has had on the creator economy," said Lindsey Gamble, who advises influencers on marketing strategies. Patreon is the latest creator platform hit with Apple's in-app fee. Jim Louderback, a creator economy advisor, recently wrote that creators should Boycott Apple in his newsletter, "Inside the Creator Economy."

Persons: —, Lindsey Gamble, influencers, Gamble, Apple, Hulu, TikTok, HBO's Max, influencers Rosanna Pansino, Lauren Riihimaki, YouTuber, Patreon, Jim Louderback, Boycott Apple, Louderback, vig Organizations: Service, Substack, YouTube, Facebook, Business, Apple, Mighty Networks, Services, Spotify, Hollywood, Netflix, Hype, Apple's, Google

☆ Multiple myeloma gets new attention after Patti Scialfa, Bruce Springsteen's wife and bandmate, reveals diagnosis
▼ + stars: | 2024-09-10 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Aria-Bendix-Byline-Jm.Jpg | Aria Bendix | ) www.nbcnews.com time to read: +5 min

The news that Patti Scialfa, Bruce Springsteen’s wife and bandmate, has multiple myeloma is bringing attention to the rare blood cancer. Multiple myeloma affects plasma cells, a type of white blood cell produced in the bone marrow. “Myeloma treatment is a marathon,” said Dr. Manni Mohyuddin, a multiple myeloma specialist at the University of Utah’s Huntsman Cancer Institute. Multiple myeloma is twice as common among Black people than white people in the U.S., and mortality rates among Black Americans are twice as high. In many cases, people with multiple myeloma are still able to pursue normal activities.

Persons: Patti Scialfa, Bruce Springsteen’s, Bruce Springsteen, ” Scialfa, that’s, Scialfa, Springsteen, —, ”, Manni, Joseph Mikhael, Mikhael, ” Mohyuddin, don’t, Mohyuddin, Orange, ” Mikhael, Dr, Mansi Shah, oncologist, ” Shah, we’ve Organizations: Variety, Toronto Film, University of Utah’s Huntsman Cancer Institute, U.S, International, Firefighters, Rutgers Cancer Institute, RWJBarnabas Health Locations: U.S, New Jersey

☆ The investigation into OceanGate's doomed submersible is set to go public as the company's insiders gear up to testify
▼ + stars: | 2024-09-10 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +1 min

OceanGate employees are set to testify in a hearing about the doomed Titan submersible. The Coast Guard announced that the hearing will start on September 16. It aims to examine the facts surrounding the incident and discuss how to prevent a similar incident. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementOceanGate employees are set to testify at a hearing about the doomed Titan submersible more than a year after it imploded in the North Atlantic.

Persons: — Organizations: Coast Guard, Service, Titan, North Atlantic, The Coast Guard Marine Board of Investigation, Business Locations: North, North Charleston , South Carolina

☆ American fast-food giants are going big on a China wager, betting they can get the country's new middle class to love them back
▼ + stars: | 2024-09-10 | by ( Matthew Loh | ) www.businessinsider.com time to read: +11 min

An expansion rate surpassing America'sKFC, run by Shanghai-headquartered Yum China, has historically enjoyed the lion's share of the country's fast-food cravings. Hopes for a new middle class in ChinaCities in China are unofficially grouped into tiers according to their status, size, and wealth. Chinese KFC has nearly doubled its menu itemsExpanding during a sluggish economy might make sense for fast food brands, which are often classified as recession-proof as consumers downgrade their spending. Advertisement"Now, they are doubling down further on this strategy by expanding into the inland regions of China, especially Tier Three and Tier Four cities with a growing middle class," they told BI. Yum China has also been expanding aggressively in the country's burgeoning coffee scene, establishing a popular spin-off called KCoffee.

Persons: —, It's, McDonald's, Shaun Rein, Rein, Allison Malmsten, Malmsten, Cui Nan, Wang Gang, Jonathan Bernstein, Bernstein, Kung Fu, Daxue, it's, They've Organizations: Service, Thursday, Business, McDonald's, Tier, China Market Research Group, KFC, LONG, Future Publishing, Getty Images, China, US, Yum China, Daxue Consulting, Publishing, China News Service, Getty, Analysts, Yonder Consulting Locations: China, Kentucky, Weibo, Hangzhou, China's, Shanghai, China Cities, Beijing, Guangzhou, Shenzhen, Chengdu, Chongqing, Nanyang, Suqian, Jiangsu, London, Asia, Shanghai thronged

☆ It's not always 'a sexy thing' to be a millionaire, former NFL linebacker Brandon Copeland says. Here's why
▼ + stars: | 2024-09-10 | by ( Greg Iacurci | ) www.cnbc.com time to read: +10 min

Brandon Copeland Copeland MediaBrandon Copeland is a former NFL linebacker turned coach. Brandon Copeland: Feeling unprepared for some of the major financial decisions in life. I think that's important to start to develop your stomach. I always break that down as, that's a lot of Chipotle burritos, that's a lot of dinners, that's a lot of time with my family at the water park. Brandon Copeland Copeland MediaGI: One of the first things that you encourage people to do in the book is say aloud to themselves, "I can be wealthy."

Persons: Brandon Copeland Copeland, Brandon Copeland Copeland Media Brandon Copeland, gravitates, —, Cope, Copeland, Greg Iacurci, Brandon Copeland, That's, you've, Bloomberg —, I'm, it's Organizations: Brandon Copeland Copeland Media, NFL, National Football League, University of Pennsylvania's Wharton School, New York Jets, CNBC, Financial Wellness Advisory Board, Athletes.org, Orlando, Baltimore Ravens, NFL Players Association, Lions, Yahoo Finance, Wall Street Journal, Bloomberg Locations: isn't, New Jersey, Detroit

☆ What business leaders should know about the SEC's cybersecurity disclosure rule
▼ + stars: | 2024-09-10 | by ( Erica Sweeney | ) www.businessinsider.com time to read: +7 min

Last year, the SEC mandated that public companies disclose material cybersecurity incidents. "These types of cybersecurity incidents have a real impact, potentially, on shareholder value," Kate Dedenbach, a privacy and cyber attorney at Fisher Phillips in Detroit, told Business Insider. "The SEC's goal is to provide investors with more robust and timely information about cybersecurity incidents so they can make more knowledgeable investment decisions." There's a timeframe for disclosuresThe SEC says that determining a cybersecurity incident's materiality should be done "without reasonable delay" but doesn't specify a timeframe. The SEC says companies can delay disclosure if a cybersecurity incident poses a substantial risk to national security or public safety.

Persons: —, Hugh Thompson, Kate Dedenbach, Fisher Phillips, Thompson, LoanDepot, Lei Zhou, Zhou, Dedenbach, Steve Winterfeld, it's, Winterfeld, cyberattacks, Winterfield Organizations: SEC, Service, RSA Conference, US Securities and Exchange Commission, Microsoft, Forbes, University of, Akamai Technologies Locations: Detroit

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