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☆ Scientists discover ‘dark’ oxygen being produced more than 13,000 feet below the ocean surface
▼ + stars: | 2024-07-22 | by ( Katie Hunt | ) edition.cnn.com time to read: +13 min

It’s also possible, these scientists warn, that deep-sea mining could disrupt the way carbon is stored in the ocean, contributing to the climate crisis. A documentary about deep-sea mining that Sweetman watched in a hotel bar in São Paulo, Brazil, unleashed a breakthrough. However, several countries, including the United Kingdom and France, have expressed caution, supporting a moratorium or ban on deep-sea mining to safeguard marine ecosystems and conserve biodiversity. Earlier this month, Hawaii banned deep-sea mining in its state waters. Many unanswered questions remain about how dark oxygen is produced and what role it plays in the deep-sea ecosystem.

Persons: Andrew Sweetman, they’re, ”, Sweetman, ‘, SAMS, I’ve, “, Franz Geiger, ’ ”, Geiger, Charles E, Emma H, Morrison, Daniel Jones, Beth Orcutt, Orcutt, Craig Smith, Smith, Camille Bridgewater, Hawaii’s Smith, ” Geiger, Diva Amon, ” Sweetman Organizations: CNN, Clarion, Scottish Association for Marine Science, Nature, NHMDeepSea, SMARTEX, International, Authority, UN, AA, Northwestern University, Northwestern’s Weinberg College of Arts and Sciences, National Oceanography, Bigelow Laboratory, Ocean Sciences, University of Hawaii, Geological Survey, University Locations: São Paulo, Brazil, Evanston , Illinois, Southampton, England, Maine, Mānoa, Jamaica, United Kingdom, France, Hawaii, Clarion

☆ China finally agrees with Trump on something — they both think Kamala Harris can't win
▼ + stars: | 2024-07-22 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Read previewPresident Joe Biden's ditched election bid has gone viral in China, where online consensus is veering toward former President Donald Trump's campaign rhetoric. AdvertisementVice President Kamala Harris met briefly with Chinese leader Xi Jinping in 2022 at her request during the APEC forum that year. As for Trump, the former president is often the subject of memes in China, mocking him as a secret agent for Beijing. Montages of Harris laughing on camera have also surfaced in China, though most are not derogatory. Most July polls put either Democratic leader behind Trump, though typically by a slim disadvantage of one to five percentage points.

Persons: —, Joe Biden's, Donald Trump's, Kamala Harris —, Biden, Harris, Joe Biden, Trump, there's, Wu Dalang, Xi Jinping, Antony Blinken, Kamala Harris, Ding Haitao, She's, Doug Emhoff, Blinken —, China —, Laffin, Kamala Organizations: Service, Democratic, White, Business, Republican, APEC, Getty, Trump, Biden Locations: China, Gansu, Weibo, Bangkok, Xinhua, Beijing, Trump

☆ The luxury handbags most likely to be faked, according to an expert from The RealReal
▼ + stars: | 2024-07-21 | by ( Madeline Berg | ) www.businessinsider.com time to read: +3 min

The secondhand market has become an increasingly important part of the luxury market, rising to $50 billion last year, according to Bain & Company. But there are dangers to buying on the secondhand market: counterfeit products, which the rise in "dupe culture" has only helped to escalate. Business Insider spoke to Hunter Thompson, the director of authentication and brand compliance at secondhand luxury retailer The RealReal, about the proliferation of increasingly convincing fakes. Advertisement"In 2024, if it can be faked, it's faked," Thompson said. Here are the bags that Thompson said are most commonly faked —and some tell-tale red flags to look out for.

Persons: —, Hunter Thompson, it's, Thompson, Birkin, zippers Organizations: Service, Bain & Company, Business

☆ Six Takeaways From the Republican Convention
▼ + stars: | 2024-07-19 | by ( Shane Goldmacher | ) www.nytimes.com time to read: +1 min

Donald J. Trump’s dramatic acceptance of his party’s nomination just days after a failed assassination attempt put an exclamation point on a triumphant week for a Republican Party that emerged from its convention confident and unified. He described being saved by providence and emerging “more determined than ever” to take back the White House. The near-universal Republican embrace of Mr. Trump this week — after a deadly riot at the Capitol, an impeachment, four indictments and one criminal conviction since his last nomination — was all the more vivid because Democrats were tumbling further into turmoil over President Biden’s viability. Trump being Trump, his remarks stretched past midnight on the East Coast, shattering his own record for the longest nominating speech. But nearly every ad-lib and scripted line was gobbled up by a party that has never seemed more in his grip.

Persons: Donald J, Trump, — Organizations: Republican Party, Capitol, Trump Locations: East

☆ I booked an Airbnb in a Swiss village to save money while backpacking Europe for 2 weeks. It ended up being my favorite destination.
▼ + stars: | 2024-07-19 | by ( Joey Hadden | ) www.businessinsider.com time to read: +4 min

I selected this Airbnb rather than booking accommodations in the city to save some money. AdvertisementHomes in Roggwil, Switzerland. For $200 a night, I slept in a wine barrel that was converted into a tiny home on a garden property steps away from the train station. The author's Airbnb in Roggwil, Switzerland. AdvertisementA sunlit field in Roggwil, Switzerland.

Persons: —, Roggwil, Joey Hadden, we'll, I'd Organizations: Service, Business, Google Locations: Europe, Roggwil, Switzerland, Zurich, Zürich, New York City

☆ Trump’s Brush With Death as Political Theater, for One Night Only
▼ + stars: | 2024-07-19 | by ( Shawn Mccreesh | ) www.nytimes.com time to read: +1 min

He would eventually slip into a version of his familiar stump speech, and the drama dissipated. But for those first 15 minutes, the former president delivered a campaign speech like no other — a remarkable narration of a near-death experience packaged as slick political theater. And he knew how to hype it, telling his audience at the top that it was a one-night only, special event. “So many people have asked me what happened, ‘Tell us what happened, please,’” he said. “And therefore, I will tell you exactly what happened, and you’ll never hear it from me a second time.

Persons: Donald J, Trump, ’ ”, you’ll, it’s, ”

☆ A tale of two presidents as Trump claims his triumph and Biden’s hopes begin to fade
▼ + stars: | 2024-07-19 | by ( Stephen Collinson | ) edition.cnn.com time to read: +8 min

“Just a few short days ago, my journey with you nearly ended, we know that,” Trump said. Or we fall apart.”But the new Trump lasted just a few minutes before the old version returned. “Our planet is teetering on the edge of World War III and this will be a war like no other,” said Trump. Another top Democrat close to the White House described Biden as having become “exceptionally insulated and isolated” since the CNN debate in Atlanta on June 27. “I have worked with President Biden when it has made Montana stronger, and I’ve never been afraid to stand up to him when he is wrong.

Persons: “, Donald Trump basked, Joe Biden, Trump, Biden, White supremacists, ” Trump, it’s, ”, wistfully, I’m, ” Trump’s, overpromised, Trump’s, Hulk Hogan, unaccountable, Donald Trump, ” Hogan, MAGA, Vance, —, he’d, –, president’s, Montana Sen, Jon Tester, I’ve, ” Biden, he’s Organizations: Milwaukee CNN, Republican Party, Republican National Convention, Milwaukee Bucks, Trump, Trumper, White, Democratic, CNN, Trump – Locations: Delaware, Charlottesville , Virginia, America, Pennsylvania, Cleveland, Rehoboth Beach , Delaware, Atlanta, Montana

☆ Companies failed to solve injustice and now they are giving up on the era of activism
▼ + stars: | 2024-07-19 | by ( Allison Morrow | ) edition.cnn.com time to read: +5 min

New York CNN —Corporate America gave social activism a go. And sales of Bud Light have taken a hit ever since. Bud Light didn’t handle fallout well — it capitulated to the angry mob and dropped Mulvaney even as she faced a barrage of threats. It caught fire as right-wing media fueled the swirl of negativity around Bud Light, framing it as “wokeism” gone amok. On Thursday, the Guardian reported that the Bud Light boycott was fueled in part by the right-wing activist Leonard Leo.

Persons: CNN Business ’, Bud Light, America John Deere, Kara Swisher, ” Let’s, George Floyd, ” —, Larry Fink, We’d, Reagan, That’s, Disney’s, Bob Chapek, Ron DeSantis, influencer Dylan Mulvaney, ”, Bud, Leonard Leo, Leo Organizations: CNN Business, New York CNN — Corporate America, Tractor, Pride, CNN, BlackRock, Business, Corporate America, Florida’s Republican Gov, Guardian, Bud Light, Anheuser, Busch, Federalist Society, America Locations: New York, America

☆ 12 of the best legacy sequels — and 6 of the worst
▼ + stars: | 2024-07-19 | by ( Gabbi Shaw | ) www.businessinsider.com time to read: +1 min

2022's "Top Gun: Maverick" was much better than it had any right to be. "Top Gun: Maverick." "Top Gun: Maverick," released a whopping 36 years later — after many COVID-related delays — somehow improves upon every aspect of the original. "Maverick" was not only the second-biggest movie of 2022, it also overtook "Titanic" as Paramount's highest-grossing domestic film, has a staggering 96% on Rotten Tomatoes, and is now the highest-grossing film of Cruise's storied career, according to Deadline. It's the gold standard of all legacy sequels from now until the end of time.

Persons: Pete, Maverick, Mitchell, Tom Cruise, Miles Teller, Glen Powell, Lewis Pullman, Jennifer Connelly Organizations: Paramount Pictures, Navy, Maverick, Rotten

☆ The science you need to know before seeing 'Twisters'
▼ + stars: | 2024-07-19 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +8 min

Read previewYou don't need to know a lot about tornadoes to understand the massive storms you'll see on screen in the new film "Twisters," debuting in US theaters Friday. 22 science terms to know before seeing 'Twisters'Cap: A layer of warm air thousands of feet high in the atmosphere that can slow or stop the formation of a thunderstorm. Sandwiched between warm, moist air and cold, dry air, the cap can also increase instability and cause a severe storm if it's removed. Eric Kurth/NOAADoppler radar: The National Weather Service's Doppler radars look like they have giant golf balls sitting on top of them. Recent research suggests severe storm activity is shifting to states like Alabama, Arkansas, Kentucky, Louisiana, Mississippi, and Tennessee.

Persons: —, Eric Kurth, Ted Fujita, Paul Huffman, Sakuhei Fujiwhara, Matthew Cappucci, it's, Paul Markowski, Yvette Richardson, Joseph, Louis Lagrange, Sean Waugh Organizations: Service, Business, The Washington Post, NOAA, Tornadoes, NWS, FEMA, NASA, Federal Emergency Management Agency, National Aeronautics and Space Administration, Oceanic, Atmospheric Administration, National Weather Service, Library, Laboratory Locations: Elkhart , Indiana, Oklahoma, It's, Norman , Oklahoma, Kansas, Kansas , Nebraska , Oklahoma, Texas, Alabama , Arkansas , Kentucky, Louisiana , Mississippi, Tennessee

☆ Paul Whelan tells CNN he has ‘sympathy and empathy’ for Evan Gershkovich but expresses hope following sentencing
▼ + stars: | 2024-07-19 | by ( Jennifer Hansler | ) edition.cnn.com time to read: +3 min

CNN —Paul Whelan, an American detained in Russia, told CNN he has “sympathy and empathy” for Evan Gershkovich following the conviction and sentencing of the Wall Street Journal reporter, but expressed hope that the development could open the door for a deal to secure both of their release. Whelan, who called CNN from his remote prison camp in Mordovia Friday, said he was able to watch a news broadcast about the sentencing. Secretary of State Antony Blinken said earlier Friday that the US government is working “quite literally every day” to bring Gershkovich and Whelan home. “Look, any effort to bring any American home is going to be part of a process of back-and-forth discussion, potentially negotiation. And I don’t think that’s dependent on an election in the United States or anywhere else,” he said.

Persons: CNN — Paul Whelan, ”, Evan Gershkovich, Whelan, “, Evan, Trevor Reed, Brittney Griner, Gershkovich, ” Whelan, Antony Blinken, we’re, Paul Whelan, ” Blinken, Blinken Organizations: CNN, Wall Street Journal, US State Department, US, Aspen Security, they’ll Locations: Russia, Mordovia, Moscow, United States

☆ Humor could be a key to good parenting, new research shows
▼ + stars: | 2024-07-18 | by ( Madeline Holcombe | ) edition.cnn.com time to read: +6 min

And it turns out, humor like that may be an important skill in parenting, according to new research. More than a laughYes, humor can get your family laughing, but it also serves a lot of important functions in parenting, Levi said. Other times, using humor can create a bond between you and your child from which you can better solve problems, she added. “The real question is, how can humor be used appropriately for the children? The best humor you can use with your children is the kind that puts the two of you on the same side, she added.

Persons: Benjamin Levi, Katie Hurley, Levi, ”, Anne Libera, ” Hurley, Libera, jolting, ” Levi, Hurley, “, they’re Organizations: CNN, Pennsylvania State College of Medicine, Columbia College Chicago, ”

☆ I've raised my child between the US and New Zealand. I've learned important lessons about 'fearless parenting' from my Kiwi friends.
▼ + stars: | 2024-07-18 | by ( Barbara Dessart | ) www.businessinsider.com time to read: +5 min

However, Kiwis practiced "fearless parenting," reinforcing a sense of adventure, the need for sustainability, and problem-solving skills from birth through childhood. This is when I learned that most Kiwi parents tend to measure danger in two categories — possible or probable. New Zealand parents rely on imagination and ingenuity to make use of old things, so there is a tendency to conserve more and waste less. AdvertisementWhile US parents may be inclined to use devices or television to pass the time, in New Zealand, parents emphasize "messy play." We always wanted Faith to have the skills she needed to adapt anywhere — whether in Oakland, California, or Auckland, New Zealand.

Persons: —, Faith, Waiheke Organizations: Service, New, Business, Kiwi, Kiwis Locations: New Zealand, United States, Aotearoa, Zealand, Wharau, NZ, Oakland , California, Auckland , New Zealand, Oakland, Auckland

☆ There’s No Zealot Like a Trump Convert
▼ + stars: | 2024-07-17 | by ( Jess Bidgood | ) www.nytimes.com time to read: +1 min

Today, I’m looking at how the Republican National Convention has become a conversion story. His long history of disparaging Trump, whom he has called an “idiot” and “cultural heroin,” does not make him less suited for elevation within his party. Rather, it makes him a better avatar for the tale Trump wants to tell. Vance is a political convert, whose remaking of himself and his political image in order to thrive in Trump’s Republican Party proves and reinforces Trump’s power. And he will serve as a capstone for a convention that has been a conversion story unto itself.

Persons: J.D, Vance of Ohio, Donald Trump, Trump, ”, Vance Organizations: Republican National Convention, Republicans, Republican Party Locations: Milwaukee

☆ Vance Will Introduce Himself to American Voters
▼ + stars: | 2024-07-17 | by ( Matthew Cullen | ) www.nytimes.com time to read: +1 min

Vance is 39 years old and has spent just 18 months as the junior senator from Ohio; he had never even attended a national political convention before this year. But tonight, the newly minted Republican vice-presidential nominee will introduce himself to millions of Americans as one of the party’s most powerful figures. You can expect Vance to use the prime-time address to tell his personal story, our political correspondent Michael Bender told me. So far, Vance has received a mostly warm welcome in Milwaukee, where the party’s convention is in its third day. “We’re at a moment in time right now where Trump can do no wrong in the party’s eyes,” Michael said.

Persons: Vance, Michael Bender, Donald Trump, “, ” Michael, ” Vance —, — Organizations: Marine Corps, Yale Law School, Trump, Senate Locations: Ohio, Milwaukee

☆ Opinion | J.D. Vance Keeps Selling His Soul. He’s Got Plenty of Buyers.
▼ + stars: | 2024-07-17 | by ( Ed Simon | ) www.nytimes.com time to read: +1 min

At the outset of Christopher Marlowe’s late 16th-century play “The Tragical History of Dr. Faustus,” the scholar at the center of the tale abandons all the learning he has mastered. Law, philosophy, medicine — none of these have fulfilled his boundless ambition. Vance of Ohio, who on Monday was offered and accepted the invitation to be Donald Trump’s running mate. What he has renounced in the process is in the public record for all to see. Mr. Trump’s White House tenure, he said, had changed his mind, but it’s hard to take the senator entirely at his word.

Persons: Christopher Marlowe’s, Dr, Faustus, ”, ” —, J.D, Vance of Ohio, Donald Trump’s, Vance, Trump, Hitler, Trump’s Organizations: Republican

☆ What two assassination attempts in two violent elections in the 1870s warn about today
▼ + stars: | 2024-07-15 | by ( Dana Bash | ) edition.cnn.com time to read: +6 min

The Civil War was over, and Black men were legally allowed to vote and helped Republicans win in 1870. Two years later, Louisiana Democrats were determined to take back the state by preventing Black men from voting through intimidation and voter suppression. On Easter Sunday morning, White supremacists stormed the building and went on a killing spree, brutally murdering some 150 Black men. Another disputed election, more political violenceAs for the gubernatorial election dispute in 1872, it happened again in 1876. And while violence should never be the answer, it has occurred more than any of us would want to admit.

Persons: William Pitt Kellogg, Charles R, Railey, “, scoundrel, ” Railey, Kellogg, David Fisher, Donald Trump, Abraham Lincoln, James A, Garfield, William McKinley, John F, Kennedy, Theodore Roosevelt, Harry S, Truman, Ronald Reagan, Gerald Ford, John D, McEnery, McEnery’s, ”, wasn’t, White supremacists, Stephen Packard, Francis T, Nicholls, Packard, Ulysses S, Grant, William Weldon, Frank Hudson, Weldon, ” Packard, Jim Crow Organizations: CNN, Louisiana Gov, American, Republican, Black, Republicans, Louisiana Democrats, Blacks, The White League, Philadelphia Press Locations: Louisiana, New Orleans, Colfax, Grant Parish , Louisiana, Washington

☆ Buy these stocks ahead of earnings, including this Nvidia peer, Bank of America says
▼ + stars: | 2024-07-13 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Earnings season is revving up, and Bank of America has picked out a series of stocks to buy in advance of their quarterly reports. CNBC Pro combed through top research from Bank of America to find buy-rated stocks ahead of earnings. Other positive catalysts include "higher power prices, upward revisions to transmission revenues [and] accretive asset sales," Pereira wrote. Meanwhile, competition remains fierce from the likes of Nvidia , but Arya said he's standing by Broadcom's "best-in-class management team." … It commands ~83% market share & we think it stands to further dominate the space as metal card issuance soars.

Persons: Arthur Pereira, Pereira, Vivek Arya, Arya, Broadcom's, Cassie Chan, Chan, CompoSecure, … EDU, CMPO Organizations: Bank of America, CNBC, Broadcom, Eletrobras, Taiwan Semiconductor Manufacturing, Oriental Education & Technology, VMware, Nvidia, New, Taiwan Locations: U.S, China

☆ Shelley Duvall is remembered for being the perfect victim. But she was so much more
▼ + stars: | 2024-07-13 | by ( Dan Heching | ) edition.cnn.com time to read: +5 min

Sadly, that victim identity was only reinforced in the mid-2010s, when Duvall appeared on an episode of “Dr. Phil” episode with a ratings-bait title, the then 67-year-old actress made confusing claims and was apparently struggling with her mental health. Shelley Duvall, Herve Villechaize, on set, in May 1982, "Rumplestiltskin," for "Faerie Tale Theatre." It was buoyed, however, by Duvall, whose unique charm and childlike whimsy as host and presenter of each tale was the perfect fairy dust. A reminder to perhaps not focus so much on her elusiveness, but on the legacy of Duvall’s work – which was there all along.

Persons: Shelley Duvall, Wendy Torrance, Jack Nicholson’s, Stanley Kubrick’s, Stephen King, ”, Duvall, Dr, Phil ”, –, Anjelica Huston –, Nicholson, Huston, “, Shelley, shortchange, Wendy –, ” Duvall, Robert Altman, Herve Villechaize, Richard Hewett, TVG, Mia Farrow, Vivian Kubrick –, Phil, CNN’s Chris Wallace, Gen Xers, Helen Mirren, James Earl Jones, Treat Williams, Terri Garr, Gena Rowlands, Francis Ford Coppola, Tim Burton, Steve Martin’s, Dixie, Cyrano de Bergerac, “ Roxanne, Martin plumbs Organizations: CNN, Hollywood, Everett, New York Times Locations: London, Colorado

☆ 50 Years Ago, ‘Jaws’ Hit Bookstores, Capturing the Angst of a Generation
▼ + stars: | 2024-07-12 | by ( Brian Raftery | ) www.nytimes.com time to read: 1 min

In 1973, the first chapter of an unpublished novel was photocopied and passed around the Manhattan offices of Doubleday & Co. with a note. “Read this,” it dared, “without reading the rest of the book.”Those who accepted the challenge were treated to a swift-moving tale of terror, one that begins with a young woman taking a postcoital dip in the waters off Long Island. As her lover dozes on the beach, she’s ravaged by a great white shark. “The great conical head struck her like a locomotive, knocking her up out of the water,” the passage read. “The jaws snapped shut around her torso, crushing bones and flesh and organs into a jelly.”Tom Congdon, an editor at Doubleday, had circulated the bloody, soapy excerpt to drum up excitement for his latest project: a thriller about a massive fish stalking a small island town, written by a young author named Peter Benchley.

Persons: “, dozes, Tom Congdon, Peter Benchley Organizations: Doubleday &, Doubleday Locations: Manhattan

☆ Cosmic dance of the Penguin and Egg galaxies glows in new Webb image
▼ + stars: | 2024-07-12 | by ( Ashley Strickland | ) edition.cnn.com time to read: +4 min

CNN —The James Webb Space Telescope has captured a stunning new view of two galaxies, nicknamed the Penguin and the Egg, locked in a cosmic dance to mark the observatory’s second anniversary. Launched on December 25, 2021, the Webb telescope shared its first science observations of the universe on July 12, 2022. Astronomers estimate that the Penguin and the Egg galaxies first interacted 25 million to 75 million years ago. NASA/ESA/CSA/STScI NASA/ESA/CSA/STScI Arp 142 Hubble Webb NASA, ESA, CSA, STScIInitially, the Penguin looked like a spiral, but over time, its appearance has been reshaped through interactions with the Egg galaxy. Meanwhile, the oval-shaped Egg galaxy remains much the same.

Persons: James Webb, Webb, Bill Nelson, Arp, ”, Mark Clampin, “ Webb Organizations: CNN, Telescope, Penguin, NASA, Hubble, ESA, CSA, Hubble Webb NASA, NASA’s Astrophysics

☆ Megan Abbott, Bonnie Garmus and More Writers on the Books They Love
▼ + stars: | 2024-07-11 | by ( ) www.nytimes.com time to read: +2 min

It’s more science fiction-y than the better-known “Handmaid’s Tale,” but just as satirical, with its warning about multinational corporations and genetic engineering. Bonnie Garmusauthor of “Lessons in Chemistry”According to her older brother, Ashmol, Kellyanne Williamson is a fruit loop. When Pobby and Dingan disappear thanks to her alcoholic father, it seems clear Kellyanne must finally grow up. POBBY AND DINGAN, Ben Rice’s short, tight treatise on love, sacrifice and grief is so flawlessly written, you’ll read it in two hours but remember it forever. This is a major novel that, like all major novels, doesn’t quite resemble anything else you’ve read.

Persons: Stephen King, Margaret Atwood, It’s, David Cronenberg, Bonnie Garmus, Ashmol, Kellyanne Williamson, —, Ben Rice’s, you’ll, Michael Cunningham, Kaveh Akbar, Joe Hill, “, Francis Spufford’s Locations: Spufford’s, York City, America

☆ Ramesh Shukla: How an Indian migrant became the UAE’s ‘royal photographer’ and captured the birth of modern Dubai
▼ + stars: | 2024-07-10 | by ( Rebecca Cairns | ) edition.cnn.com time to read: +7 min

Photographer Ramesh Shukla moved to Dubai in 1965. Sheikh Zayed and Sheikh Rashid watching a camel race in Sharjah, 1968. The next day, he returned to the racetrack and presented the photo to Sheikh Zayed, asking for his blessing — and it changed everything. Sheikh Zayed Bin Sultan Al Nahyan, the late emir of Abu Dhabi, signing the agreement to form the UAE’ on December 2, 1971. Ramesh ShuklaShukla's photos of the UAE's founding fathers (top) and Sheikh Zayed signing (bottom) are featured on the 50 dirham note.

Persons: CNN — “, ” Ramesh Shukla, Shukla, Ramesh Shukla, —, ”, Sheikh Zayed, Sheikh Rashid, Sheikh Zayed Bin Sultan Al Nahyan, Sheikh Rashid bin Saeed Al Maktoum, Neel Shukla, Ramesh’s, “, Tara, Neel, Ramesh, Ajman —, Ras, Khaimah, Neel —, ‘ Papa, ’ ” Organizations: CNN, United Arab Emirates, Ramesh, Emirates, United, UAE ’, Dubai Culture Locations: India, Dubai, Bombay, Mumbai, UAE, Sharjah, States, British, Arabian, Abu Dhabi, “, Umm Al, United Arab, Ras Al, Emirates

☆ The fate of a single investor who nearly tanked the market is now in the hands of a New York jury
▼ + stars: | 2024-07-10 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

New York CNN —In lower Manhattan, a jury is now weighing a case against a little-known investor who made it big, lost everything, and briefly brought Wall Street to its knees. His positions were so large that when the stocks started falling, it had a seismic effect on the market. And on Tuesday, after a two-month trial in New York federal court, the case was handed over to a jury that will decide their fate. Before Archegos, market watchers knew unregulated family offices were a problem, and they knew that swaps going unreported was a problem. “Fifteen years after the global financial crash, we still have gross under-regulation of non-banks, and we have Wall Street megabanks engaged in high-risk activities that aren’t properly regulated,” Kelleher told me.

Persons: CNN Business ’, Bill Hwang, Wall, Bill Hwang’s, Hwang, Patrick Halligan, Halligan, Josh Naftalis, ”, Naftalis, Goldman Sachs, Morgan Stanley, Dennis Kelleher, Wang, there’s, megabanks, ” Kelleher, “ Organizations: CNN Business, New York CNN, Warner Bros, Prosecutors, Bloomberg, Southern, of, Pallas Partners Locations: New York, Manhattan, of New York

☆ A Romance Bookstore Boom
▼ + stars: | 2024-07-07 | by ( Alexandra Alter | ) www.nytimes.com time to read: 1 min

There’s a boom in romance bookstores. They’re largely owned and operated by women, and have become vibrant community hubs for romance fans. As a reporter who covers publishing, I’ve been following the soaring sales for romance, which is by far the top-selling fiction genre. But the arrival of brick-and-mortar romance stores struck me as something new, and surprising. For a story in The Times, I visited romance stores in South Florida and Brooklyn, and talked to booksellers, publishers and fans of the genre, to find out why romance bookstores are suddenly thriving.

Persons: I’ve Organizations: The Times Locations: United States, Alaska, Maine, The, South Florida, Brooklyn

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