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☆ The stock market is flashing warning signs as tech shares are a 'valuation timebomb,' SocGen says
▼ + stars: | 2024-07-18 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +4 min

The SocGen strategist has been warning of a recession and coming stock crash for months. The tech sector is showing a number of signs that valuations are an overstretched "timebomb," he said. AdvertisementThe stock market is flashing warning signs that the tech stock frenzy is about to end, according to one of Wall Street's most bearish analysts. "As time marches on, there are few of us left who were in the industry during the 2000 Nasdaq crash let alone the 1987 crash. Analysts are expecting tech stocks to post forward earnings growth of around 30% year-over-year, Edwards noted, though tech stocks have actually been posting around 20% yearly earnings growth.

Persons: Albert Edwards, —, He's, Edwards, Russell, Morgan Organizations: Service, Societe Generale, Nasdaq, Tech

View at AmazonThere are even more options for Prime Day Apple Watches, and Prime Day iPads still available in our other guides. For an extensive breakdown divided up by size, see our full roundup of Prime Day TV deals. View at AmazonThere are even more sleep deals where those came from — check out our roundups of the best Prime Day mattress deals and Prime Day pillow deals. Do I need to be an Amazon Prime member to buy Prime Day deals? Amazon Prime Day deals are comparable to Black Friday and Cyber Monday, with the main difference being that Amazon is the only participating retailer.

Persons: Siri, They're, you’ll, Jonathan Adler, it's, dehumidifier, vacs, Fryer, Foodi, Fry, fryer, MagSafe, Kate Spade, they're, Bose Smart, Ray Soundbar, Ray, Anker, Amazon Nathan James Hugo Wood Nightstand, Nathan James, Inaba, waddle, Dyson, ”, Gabrielle Chase, “, we've, haven't Organizations: Business, Amazon, Apple, Amazon Apple, Apple Health, Amazon LG, Amazon Samsung, Sony WH, Sony, Amazon Sony WH, Amazon Anker, Amazon Bose, Amazon Beats, Samsung, Clarks, Casper, Pillow, Morris, Morris & Co, Toshiba, LG, Dell, Galaxy, Alexa, Amazon Alexa, Hatch, Amazon Belkin, Apple Watch, Nintendo, Nova, Nova Pro, Logitech, Lightspeed, Mac, lounging, Amazon Canada, packers, Amazon Fisher, Prime, Chatelet Air, Dyson, Amazon Philips, Philips, Amazon Prime, Deal Locations: PopSockets, York

☆ J.D. Vance Becomes Trump’s New Apprentice
▼ + stars: | 2024-07-18 | by ( James Poniewozik | ) www.nytimes.com time to read: +1 min

Speaking Wednesday at the Republican National Convention, Senator J.D. Vance of Ohio became the latest, and potentially most consequential, of Donald J. Trump’s apprentices to accept the position in prime time. For years as the host of “The Apprentice,” Mr. Trump picked out protégés from boardrooms full of young supplicants. Offend him and you might be dismissed; appear too thirsty and you could get the boot as well. Mr. Vance spent much of his two years in the Senate auditioning for the promotion to vice-presidential nominee, cultivating a relationship, apologizing for his Never-Trumper apostasy and recently blaming Biden campaign rhetoric for leading “directly” to the assassination attempt against Mr. Trump.

Persons: J.D, Vance of Ohio, Donald J, ” Mr, Trump, Vance, Trumper, Biden Organizations: Republican National Convention, Mr Locations: Appalachia

☆ China: A spate of stabbings has sparked online debate about country’s economic woes
▼ + stars: | 2024-07-17 | by ( Jessie Yeung | ) edition.cnn.com time to read: +8 min

But China has been rocked by a number of high-profile stabbing cases in recent decades, including multiple such attacks at schools. These worries were clear on Chinese social media after the latest attacks, with several commentators connecting China’s dire economic circumstances to the violence, even as the attackers’ motives remained unclear. Rare violent crimeTwo of the most high-profile recent attacks came in June – and both targeted foreign nationals. Video Ad Feedback Four Americans are stabbed in a shock attack in China 04:20 - Source: CNNUltra-nationalism has risen across China and Chinese social media in recent years, as has anti-American and anti-Japanese sentiment. On social media, the belief that economic insecurity is making the country less safe remains palpable.

Persons: “, haven’t, China –, Michelle Miao, ”, Mao Ning, Adam Zabner, David Zabner, Adam, Stabbings, Miao, CUHK Organizations: Hong Kong CNN, Chinese University of Hong, Stanford University’s Center, Behavioral Sciences, CNN, Ministry of Public Security, World Bank, United Nations Office, Drugs, Americas, Xinhua, Youth Locations: Hong Kong, China, Guangxi, Weibo, ”, Chinese University of Hong Kong, –, Iowa, Beishan Park, Jilin, Asia

☆ This equal weight ETF is on a five-day winning streak and outperforming its peers in 2024
▼ + stars: | 2024-07-17 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +3 min

The Astoria US Equal Weight Quality Kings ETF (ROE) , which launched in 2023, is up 17.6% year to date through Tuesday's close, according to FactSet. By comparison, the Invesco S & P 500 Equal Weight ETF (RSP) and iShares MSCI USA Equal Weighted ETF (EUSA) are up 9.7% and 10.1%, respectively. ROE YTD mountain This equal weighted ETF is outperforming some of its rivals in 2024. The Astoria fund is underperforming some other funds that focus on quality, like the iShares MSCI USA Quality Factor ETF (QUAL) . The Astoria fund also has a higher expense ratio than some of its rivals at 0.49%.

Persons: John Davi, ROE, Davi, Frank Tedesco, Todd Sohn Organizations: Astoria, RSP, EUSA, Nvidia, Big Tech Locations: ROE

Prime Day TV dealsThis Prime Day, we're seeing some of the biggest price drops of the year on top TV models from our favorite brands. Prime Day laptop dealsLaptops go on sale year-round, but Prime Day is traditionally the best time of year to make a purchase. Prime Day mattress dealsMattresses go on sale several times a year, but few sales offer as lucrative mattress discounts as Prime Day. Prime Day Amazon device dealsDuring Prime Day, many of the best Amazon devices see their lowest prices ever. Prime Day travel dealsSummer travel is underway, and so are the best Prime Day deals on luggage and backpacks.

Persons: We've, AirPods, we've, Siri, Samsung's, They're, you’ll, He's, Jonathan Adler, it's, dehumidifier, Dyson, vacs, Crisp, we're, Fryer, Foodi, Fry, fryer, they're, Bose Smart, Ray Soundbar, Ray, Anker, You'll, iPhones, MagSafe, Kate Spade, scoped, Amazon Nathan James Hugo Wood Nightstand, Nathan James, waddle, Inaba, haircare, ”, Gabrielle Chase, “, haven't Organizations: Business, Apple, Amazon Apple, Apple Health, Amazon, Amazon LG, Amazon Samsung, Sony WH, Sony, Amazon Sony WH, Amazon Anker, Amazon Bose, Amazon Beats, Samsung, Clarks, Casper, Pillow, Morris, Morris & Co, Dyson, Upright, Toshiba, FlexBrew, Hamilton, LG, Dell, Alexa, Amazon Alexa, Hatch, Amazon Belkin, Apple Watch, Logitech, Seagate, ASUS, Meta, Nintendo, Nova, Nova Pro, Lightspeed, Mac, Google, Galaxy, lounging, packers, Amazon Fisher, Prime, today's, Chatelet Air, Amazon Canada, Amazon Philips, Philips, Amazon Prime, Deal Locations: November's, PopSockets, York

☆ What to Expect From Wednesday’s Emmy Nominations
▼ + stars: | 2024-07-16 | by ( John Koblin | ) www.nytimes.com time to read: 1 min

Nominations for television’s most prestigious award show will be unveiled on Wednesday morning. “Shogun,” the lush period drama, and “The Bear,” the anxiety-inducing comedy, are poised to have a big day. There is a considerable cloud hanging over Emmy nomination day this year. Last year’s double strikes, along with several years of cost cutting, have put the industry in the throes of a contraction. To wit, the number of shows submitted for Emmy consideration this year plummeted.

Persons: “ Organizations: television’s

☆ A Gen Xer got $112,000 in student loans forgiven after paying off a 'worthless degree' for over a decade. Now she can enter retirement debt-free.
▼ + stars: | 2024-07-14 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

Read previewSheila Reed, 57, is no longer facing a lifetime of student-loan payments. 'I'm just glad it's over'Reed didn't know she would struggle so much to pay off her student loans. But with the relief, she can now begin to save money as she nears retirement and is grateful her student loans are in the rearview mirror. Advertisement"Now, when I do think about the student loans, I think of them being discharged," she said. Are you struggling with student-loan payments?

Persons: —, Sheila Reed, Reed, I'm, Reed didn't, she's Organizations: Service, Westwood College, Business, BI —, Education Department, Westwood, Public, Corinthian Colleges, ITT Technical Institute, Republican

☆ Opinion: It’s time more horror films push back against queer stereotypes
▼ + stars: | 2024-07-13 | by ( Opinion Noah Berlatsky | ) edition.cnn.com time to read: +7 min

But the portrayal of trans women as predators was a new innovation that had a huge impact on the horror genre. Andit had a big impact on Jonathan Demme’s “The Silence of the Lambs” in which the terrifying serial killer, Buffalo Bill, is a predatory trans woman (or more precisely, as Jos Truitt has explained, Bill is a transphobic caricature of a trans woman). The danger isn’t from trans women — it’s from heterosexual cis patriarchs — a reality much truer to life than Hitchcock’s fever dream. Perhaps in part for that reason, the director is careful not to make Longlegs trans or gay. It’s not just “Longlegs” which displaces violence onto queer people: Movies like “Psycho” and “Silence of the Lambs” are often acts of aggression aimed by male directors at queer people (and especially at queer women).

Persons: Noah Berlatsky, —, Noah Berlatsky Noah Berlatsky, Oz Perkins, Julia Ducournau’s “, ”, John Logan’s “, Longlegs ”, “, Lee Harker, Maika Monroe, Perkins, Anthony Perkins, Norman Bates, Alfred Hitchcock’s, ” Hitchcock, Bates, he’s, Norman, fatales, Hitchcock, Brian DePalma’s, Jason, James Wan’s, Andit, Jonathan Demme’s “, Bill, Jos Truitt, Alfred Hitchcock, Harker, it’s, Harker’s, Hunter ”, Perkins doesn’t, Longlegs, Nicholas Cage, Berry Berenson, Ted Levine, Ken Regan, Orion, queerness, Marc Bolan, Buffalo Bill, It’s Organizations: CNN, FBI, Lambs, Paramount, “, DOJ, Buffalo, Twitter Locations: Chicago, Hollywood, UCLA

☆ Republicans and Democrats take opposite approaches to flawed candidates
▼ + stars: | 2024-07-13 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +7 min

And yet one of the men, former President Donald Trump, 78, has been able to remake the Republican Party around his own divisive persona. Trump, between now and then, will pick a vice president from a short list of people who have previously criticized him but are now all in. Doug Burgum, who are also reportedly on Trump’s vice presidential short list, should be wary. A CNN poll released back in February, before Trump had sealed the Republican presidential nomination, suggested his top Republican rival, former South Carolina Gov. If Biden dropped out, Clyburn said he would back Vice President Kamala Harris.

Persons: Donald Trump, Joe Biden, Biden, Florida Sen, Marco Rubio, couldn’t, Rubio, Trump, Sen, J.D, Vance of Ohio, Trumper, Vance, Tim Scott of, Doug Burgum, Mike Pence, Trump’s, Nikki Haley, It’s, James Clyburn of, “, ’, ” Clyburn, Clyburn, Kamala Harris, Alexandria Ocasio, Cortez, Bernie Sanders, hasn’t, ABC’s George Stephanopoulos, ”, –, MAGA, Chris Whipple, Jessica Dean, ” Whipple Organizations: CNN, Republican Party, White, GOP, Republican National Convention, Trump, Republican, North Dakota Gov, Republicans, South Carolina Gov, Biden, Democratic, NBC, Progressives, Senate, Congress, Trump Biden Locations: Trump, Florida, Tim Scott of South Carolina, Trump’s, James Clyburn of South Carolina, Alexandria, Cortez of New York, Vermont

☆ A James Webb Telescope scientist explains what it's like to create the most beautiful space images of our time
▼ + stars: | 2024-07-12 | by ( Ellyn Lapointe | ) www.businessinsider.com time to read: +6 min

Read previewTwo years ago today, NASA unveiled the first full-color space images captured by the James Webb Space Telescope. Webb's raw telescope images can look like empty black boxes when they first beam back to Earth. NASA/ESA/CSA/STScIDePasquale is a principal science visuals developer at the Space Telescope Science Institute. He processed some of the very first Webb images that the public got to see. They're able to resolve very small details in these really distant objects," like the Tarantula Nebula, DePasquale told Business Insider.

Persons: —, James Webb, Joe DePasquale, DePasquale, Webb, David Higginbotham, Webb peered, Joseph DePasquale, Anton M, Alyssa Pagan Organizations: Service, NASA, James Webb Space, Business, JWST, ESA, CSA, Telescope Science, Hubble

☆ Welcome to summer! Body-shaming is everywhere
▼ + stars: | 2024-07-11 | by ( Madeline Holcombe | ) edition.cnn.com time to read: +7 min

Comfort and connectionIn addition to all the messages about what people should look like, the physical sensations of summer often bring increased attention to people’s bodies, Campos said. For a better relationship with your body this summer, Campos recommends finding ways to connect with yourself in more enjoyable ways. “That is a connected moment where I can say, ‘This feels good in my body,’” Campos said. “When somebody’s having a hard body image day … I want them to check in about what else is going on,” she said. “You might feel better, but it doesn’t actually change anything in your body.

Persons: they’re, ”, Rebecca Moravec, Bri Campos, Campos, “ You’re, ’ ” Campos, Moravec, Whitney Trotter, you’ll, Jordi Salas, ” Moravec, “, I’m, Trotter, ” Trotter Organizations: CNN, Getty Locations: Denver, Paramus , New Jersey, Austin , Texas

☆ Zelenskyy says the problem with the coming F-16 fighter jets is the same one Ukraine had with the Abrams tanks
▼ + stars: | 2024-07-11 | by ( Chris Panella | Jake Epstein | ) www.businessinsider.com time to read: +6 min

Read previewWestern-provided F-16 fighter jets are on their way to Ukraine and set to start flying missions later this summer. But they may not yet be enough to make a difference on the battlefield, Ukrainian President Volodymyr Zelenskyy indicated in a discussion this week on what Ukraine needs, comparing the jets to the US-made Abrams tanks that Ukraine got last fall. "The problem with F-16," the Ukrainian president said, "is the number and the dates." The US sent only 31 M1A1 Abrams in total, and they were delivered to Ukraine months after British and German tanks. For comparison, Ukraine received about 300 US-made Bradley infantry fighting vehicles, nearly ten times more than the number of Abrams sent.

Persons: —, Volodymyr Zelenskyy, Abrams, Bret Baier, Zelenskyy, Derek Seifert, Zelenskky, haven't, Michael Currie, Antony Blinken's, it's, Zachariah Lopez, Jake Sullivan Organizations: Service, Business, Fox News, Reagan Institute, Abrams Ukraine, NATO, Egyptian, Force, US Air Force, US, Abrams, Bradley, Getty, Ukraine —, Ukrainian Air Force, Osan Air Base, US Air Force Tech, White, National Locations: Ukraine, Ukrainian, Washington , DC, Russia, Egypt, Denmark, Netherlands, Soviet, South Korea

☆ You can now pay $95 to peer out over the UK's most famous royal balcony — but you still can't stand on it
▼ + stars: | 2024-07-10 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +4 min

Read previewAt seemingly every major state event in the UK, key figures from the British royal family line up on a balcony at Buckingham Palace to wave to the public. Princess Diana and Prince Charles kiss on the balcony of Buckingham Palace after their wedding on July 29, 1981. Jonathan Brady/PA Images via Getty ImagesBut you won't be able to give a royal wave from it yourself, according to the BBC. Jonathan Brady/PA Images via Getty ImagesMany objects on view are Chinese-themed, reflecting King George IV's love of the country's art and design. Building work takes place on the East Wing of Buckingham Palace, on June 21, 2021.

Persons: —, Prince Charles, Princess Diana, Prince Harry, Meghan Markle's, Diana, Tim Graham, Buckingham, Jonathan Brady, Queen Victoria, Prince Albert, Caroline de Guitaut, King Charles, Harry, Meghan, King George IV's, Queen Elizabeth II, Yui Mok, Sovereign Grant Organizations: Service, It's, Business, Getty, Sky News, Wing, Guardian, BBC, East, East Wing, Sovereign Locations: Buckingham, Buckingham Palace's

☆ Reports that Prince William had an affair with Rose Hanbury have been quietly deleted from some news websites
▼ + stars: | 2024-07-10 | by ( Maria Noyen | ) www.businessinsider.com time to read: +4 min

Read previewReports speculating that Prince William had an affair with British noblewoman Sarah Rose Hanbury have been quietly deleted by UK media outlets, a Vulture investigation suggests. AdvertisementPrince William and Kate Middleton used to be neighbors with Rose when they lived in Norfolk. Hanbury, through her lawyers, said in a March email to Business Insider that the affair rumors were "completely false." That newspaper removed a reference to a joke talk-show host Stephen Colbert made on air about the affair rumors in March. Rose Hanbury has close ties to the royal familyAs BI previously reported, Hanbury has been linked to William, Kate, and the royal family for years.

Persons: —, Prince William, Sarah Rose Hanbury, Ellie Hall, William, Kate Middleton, Rose, Stephen Pond, Vulture, Hanbury, Princess, Wales, Marchioness, Cholmondeley, Stephen Colbert, Rose Hanbury, Kate, Queen Elizabeth II's bridesmaids, David Cholmondeley, Marquess of Cholmondeley, Middleton, Colbert Organizations: Service, Business, The Daily Mail, Daily Express, Machine, Guardian, Houghton Hall, Daily Beast, European, Human, Human Rights Commission Locations: Hanbury, Norfolk, Kensington, Windsor

☆ Incumbents pay the price in year of global elections
▼ + stars: | 2024-07-09 | by ( Stephen Collinson | ) edition.cnn.com time to read: +13 min

And elections in Taiwan and South Korea proved the dynamism of the idea that free elections can promote stable governance. The two round French election system once again kept the far-right out of power on Sunday but Macron’s gamble didn’t exactly pay off. An era of political turmoil now looms with a hung parliament, a likely shaky coalition and instability ahead of the next presidential election in 2027. Kevin Coombs/ReutersIndonesiaPrabowo Subianto, a former army general, won the presidential election in the world’s fourth most populous nation, which is home to its largest Muslim population. IranIran wasn’t supposed to have a presidential election this year.

Persons: El, they’ve, Donald Trump’s, Joe Biden, Trump —, Ursula von der Leyen, Emmanuel Macron, Le, Macron, Keir Starmer, Kevin Coombs, Suharto, Narendra Modi, Adnan Abidi, Imran Khan, Nawaz, Asif Ali Zardari, Benazir Bhutto, Sheikh Hasina, Vladimir Putin, Alexey Navalny, Putin, El Salvador, Nayib Bukele, ”, Bukele, Claudia Sheinbaum Pardo, ObturadorMX, Claudia Sheinbaum, Andrés Manuel López Obrador, Sheinbaum, Lai Ching, Yoon Suk Yeol, André Ventura, Peter Pellegrini, Robert Fico, Fico, Nelson Mandela —, —, Macky Sall, Sall, Bassirou Diomaye Faye, Ebrahim Raisi, Ayatollah Ali Khamenei, Masoud Pezeshkian, ultraconservative Saeed Jalili, Pezeshkian Organizations: CNN, European Union, United States –, France, European People’s Party, Popular Front, Britain Voters, Conservative, Labour Party, Reuters, Reuters Indonesia Prabowo, Bharatiya Janata Party, BJP, Pakistan Muslim League, Pakistan People’s Party, Bangladeshi, Kremlin, El, El Salvador Strongman, El Salvador —, Getty, Democratic Progressive Party, Portugal Incumbents, Democratic Alliance coalition, Putin, Russian, South Africa Voters, National Congress, ANC, Democratic Alliance Locations: France, Britain, Iran, El Salvador, Slovakia, Russia, Indonesia, Mexico, South Africa, United States, India, Senegal, Taiwan, South Korea, Germany, London, Reuters Indonesia, Subianto, New Delhi, Reuters Pakistan, Pakistan, —, Bangladesh, South Asia, America, China, Beijing, Portugal, Ukraine, Europe, Senegal Senegal, Africa, Sall, Iran Iran, Islamic Republic

☆ The No. 1 question to 'always' ask in a job interview, from a LinkedIn career expert
▼ + stars: | 2024-07-09 | by ( Morgan Smith | ) www.cnbc.com time to read: +2 min

The final minutes of a job interview — when the interviewer is done with their questions and opens up the floor — is time you don't want to waste. There's one question, in particular, that you should "always" ask in a job interview, says LinkedIn career expert Andrew McCaskill. With this question, you'll better understand what kind of learning curve you'll face and how your performance will be evaluated. This question can also help you prepare for any follow-up interviews. Take CNBC's new online course How to Ace Your Job Interview to learn what hiring managers are really looking for, body language techniques, what to say and not to say, and the best way to talk about pay.

Persons: —, Andrew McCaskill, McCaskill, you'll Organizations: CNBC

☆ I stopped dieting before my wedding day. I worried I would be judged, but I wanted to look like myself in wedding pictures.
▼ + stars: | 2024-07-07 | by ( Terryn Witherspoon-Woolfolk | ) www.businessinsider.com time to read: +5 min

The association between body image and health felt more appropriate than selfishly wanting admiration. Starting a diet felt hopeful, and ending one felt like a failure. AdvertisementI explored the concept of intuitive eating before my wedding day, but I saw it as admitting defeat in my dieting journey. I told myself that a bride's wedding day is when she is supposed to look her best. AdvertisementNow, when people come to our home, I'm proud to point them to the wedding book sitting on the coffee table and the wedding photos on the wall.

Persons: —, … Organizations: Service, Business

☆ The Kidnapping I Can’t Escape
▼ + stars: | 2024-07-07 | by ( Taffy Brodesser-Akner | ) www.nytimes.com time to read: 1 min

He was now outside the car, but Jack could see him only in silhouette because of how bright the headlights were. “You know how to get to Northern Boulevard?”Jack stepped out of his car. He was surprised. His street was so far off the commuter path that it would be hard to get lost and end up there looking for Northern Boulevard. In fact, when Jack saw headlights in his rearview mirror as he approached the house that night, he thought how strange and rare it was to be on that same road with anyone.

Persons: ”, Jack Locations: Northern

☆ Massive drought in Italy threatens to destroy Sicilian tourism
▼ + stars: | 2024-07-07 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +1 min

Sicily, Italy, is in a state of emergency over the worst drought the country has seen in 20 years. As a tourism-driven economy, the drought is threatening the financial stability of the region. 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 . AdvertisementAn extreme drought in Sicily is the worst the Italian island has seen in 20 years, and it's so bad it's threatening the region's economy.

Persons: — Organizations: Service, Sky News, Business Locations: Sicily, Italy, Ethiopia

☆ Opinion: Biden’s defiant delusion
▼ + stars: | 2024-07-06 | by ( David Axelrod | ) edition.cnn.com time to read: +5 min

To be sure, the president turned in a more energetic performance than he had on that woeful debate night, when he sometimes appeared lost and incoherent. “I just had a bad night, I don’t know why.”“And how quickly did it come to you that you were having a bad night?” Stephanopoulos asked. Only 42% said the same about Trump, 78, whose own terrible debate performance was eclipsed by Biden’s meltdown. Three separate polls conducted by CNN, The New York Times and the Wall Street Journal after the debate all showed Biden trailing Trump by six points nationwide. Previous polls have shown Biden trailing in nearly all the battleground states he narrowly won in 2020.

Persons: David Axelrod, ”, Barack Obama, Obama, ABC’s George Stephanopoulos, Joe Biden, Donald Trump, Biden, —, didn’t, stoutly, “, ” Stephanopoulos, misfire, Stephanopoulos, Biden demurred, Virginia —, Trump, It’s, sully Organizations: CNN, Democratic Party, Republican, Trump, The New York Times, Wall, Biden, —, Twitter, Facebook Locations: — Minnesota, New Hampshire , New Mexico, Virginia

☆ Starmer pledges to ‘reset’ Britain as Labour takes over after 14 years of Conservative rule
▼ + stars: | 2024-07-05 | by ( Ivana Kottasová | ) edition.cnn.com time to read: +10 min

London CNN —The Labour Party has won a landslide victory in the UK general election, sweeping into power after 14 years of Conservative rule on the back of a wave of public disillusionment. Addressing the nation from outside 10 Downing Street for the first time as prime minister, Starmer had one overarching message: Change starts now. There were high-profile casualties, with the short-lived former Prime Minister Liz Truss and several cabinet ministers being booted out by voters. Conservative leader and, as of Friday morning, former Prime Minister Rishi Sunak took responsibility for the electoral wipeout, apologizing to voters in his farewell address. Leaving the palace as the newly minted prime minister, he then headed straight to Downing Street.

Persons: Keir Starmer, King Charles III, Starmer, ”, Liz Truss, Rishi Sunak, Sunak, “, Akshata Murty, Nigel Farage, Donald Trump, Farage, Sinn Féin, Clodagh Kilcoyne, Rachel Reeves, Angela Rayner, David Lammy, Yvette Cooper, Jeremy Corbyn, Yui Mok, Tony Blair, Starmer –, –, Israel “, David Cameron, Brexit –, Boris Johnson Organizations: London CNN, Labour Party, Conservative Party, Labour, Conservative, Downing, British, Conservatives, Liberal, Lib Dems, Reform UK, Green Party, Scottish National Party, Irish, Democratic Unionist Party, DUP, Reuters Government, Home, Tories, European Union Locations: British, United Kingdom, Buckingham, Scotland, Northern Ireland, Ireland, Westminster, Starmer, Gaza, Britain, Europe, United States, Ukraine

☆ Gen Z wants flavorful drinks. Here’s how Big Beer is trying to attract them
▼ + stars: | 2024-07-04 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +7 min

That’s a problem for Big Beer, which is dealing with flat sales, declining volume and a fickle generation of younger drinkers who are completely ditching the bottle or preferring anything but a regular beer. It’s a non-carbonated drink because “bloating that may come from carbonation is considered a top barrier” for younger drinkers and the trend of “decarbonizing” drinks is blowing up on the app. Last year, it acquired Blue Run Spirits, a cult favorite high-end bourbon and rye whiskey brand, in light of US spirit sales surpassing beer sales. Its aptly titled “Beyond Beer” category is currently a $1.5 billion part of its global business and is helping attract younger, legally aged drinkers. Despite younger drinkers’ hesitance with buying beer and flat sales, Big Beer companies aren’t facing an existential threat.

Persons: youngs, Gen, NIQ’s Kaleigh Theriault, “, ” Theriault, Gallo, Mark Anthony Brands, Miller, flavorful, TikTok Constellation, Corona, ”, Saúl Trejo, TikTok, Molson Coors, Molson, ” NIQ’s Theriault, Bud Light, seltzer, Jason Lowrie, it’s, Bud, Bud Light Seltzer, Dylan, ’, “ Young, ” Bryan Roth Organizations: New, New York CNN — Beer, CNN, Beverages, Big Beer, Molson Coors Beverage Company, Modelo, Constellation Brands, Anheuser, Busch InBev, TikTok, Corona, Corona Refresca, Molson Coors, Molson, “ Suppliers, Busch, Feel Goods Company Locations: New York, Corona, carbonation

He’s clear-eyed,” this person told CNN. “He’s not oblivious.”In the days since Biden’s stunningly halting debate showing, Democrats across the country have expressed grave concern. Some elected officials have even begun to publicly call on Biden to drop out for the good of the party. In Tuesday’s private conversation, Biden was also “chastened” as he “blamed himself” – not his staff – for the debate performance, the person told CNN. And at one point in their conversation, Biden asked this person for advice – and then there was silence, the person told CNN, as the president waited for input.

Persons: Joe Biden, “, ”, “ He’s, Biden, ” –, ‘, ’ ”, – Organizations: CNN, The New York Times, White House Locations: France, Italy, Virginia

☆ Biden has privately acknowledged next stretch of days are critical for whether he can save his reelection bid
▼ + stars: | 2024-07-03 | by ( Mj Lee | ) edition.cnn.com time to read: +4 min

Washington CNN —President Joe Biden has privately acknowledged that the next stretch of days are critical to whether he can save his reelection bid for president, making clear to an ally Tuesday that he understands what would prompt him to accept: “It’s just not working.”“He sees the moment. “He’s not oblivious.”In the days since Biden’s stunningly halting debate showing, Democrats across the country have expressed grave concern. Some elected officials have even begun to publicly call on Biden to drop out for the good of the party. Since the debate, Biden has faced one of the toughest stretches of his presidency and his reelection campaign is reeling. Campaign officials are scrambling to calm donors who were shocked by Biden’s performance.

Persons: Joe Biden, “, ”, “ He’s, Biden, ” –, ‘, ’ ” Biden, –, ” Biden, Biden campaign’s dismissiveness, CNN’s Michael Williams Organizations: Washington CNN, CNN, The New York Times, White House, Democratic, Biden campaign’s Locations: France, Italy, Virginia

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