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☆ Fear among Turkey's LGBT community after hostile election campaign
▼ + stars: | 2023-06-24 | by ( Burcu Karakas | ) www.reuters.com time to read: +5 min

The discrimination faced by the LGBT community has convinced the couple to plan to leave Turkey, he said. "Turkey has never been the perfect country for the LGBT community but now people feel insecure," Seren said. Matthew Warchus, the British director of "Pride", said he felt solidarity with Turkey's LGBT community. My message to those opposed to it being viewed is simply 'There is nothing to fear except fear itself'". Yilmaz, the LGBT rights advocate, said they had never been targeted like this before.

Persons: Cuneyt Yilmaz, Senkaya, Erdogan, Tayyip Erdogan, pollsters, Bekir, Rumeysa Kadak, Mahmut Seren, Seren, cordoning, Cuneyt, Yilmaz, Matthew Warchus, Davut Gul, Melih, Burcu Karakas, Jonathan Spicer, Alison Williams Organizations: Reuters, REUTERS, AK, Aesthetics Culture Art Research Foundation, Istanbul Pride, Twitter, UniKuir, New Welfare Party, European Union, Yilmaz, Thomson Locations: Istanbul, Turkey, ISTANBUL, Britain, British, Izmir, European

☆ 'Lots of smoke. Lots of questions': Internal emails show JPMorgan Chase execs worried about the bank's ties to Jeffrey Epstein. So why did it take so long to cut him loose?
▼ + stars: | 2023-06-23 | by ( Kaja Whitehouse | Emmalyse Brownstein | ) www.businessinsider.com time to read: +29 min

That, of course, is the billion-dollar question: What did JPMorgan, America's largest bank, know about Epstein's alleged sex trafficking? Today, banks have entire departments dedicated to tracking client activity and flagging suspicious behavior. Lots of questions'The fuss JPMorgan compliance officers raised about Epstein in 2011 was extensive. Lots of questions," declared a senior JPMorgan compliance officer reviewing Epstein's accounts as part of that 2011 compliance review, according to court papers filed by the US Virgin Islands. Staley sent Epstein internal JPMorgan documents and relied on him for guidance on an array of business and personal dealings, the JPMorgan internal report shows.

Persons: —, Morgan Stanley, Lehman Brothers —, Jamie Dimon, Jeffrey Epstein, Leon Black, Bill Clinton, Donald Trump, Epstein, Jes Staley, Staley, Jeffrey Epstein's, Michelle Licata, Courtney Wild, Stephanie Keith, Jane Doe, JP Morgan —, Epstein —, jes staley, Patricia Wexler, Wexler, Dimon, Barry Krischer, JPMorgan, Ghislaine Maxwell, Rod Stewart, Cipriani, Joe Schildhorn, Patrick McMullan, Frank Haberstroh, Haberstroh, Les Wexner, Wexner, Tom Williams, JP Morgan, Little, Little Saint James, Epstein's, Jim Spellman, Staley didn't, Morgan, James, Emily Michot, Bill Gates, Larry Summers, Woody Allen, Stephen Cutler, Cutler, Mary Erdoes, Erdoes, Youngbee Dale, Dale, JPMorgan Chase, Michael M, NYDFS, Bernie Madoff, Cecile de Jongh, Joe Shmoe, Jacob Shamsian Organizations: JPMorgan, Highbridge Capital Management, Citigroup, Lehman Brothers, titans, Apollo, US, US Virgin Islands, Bloomberg TV, Financial, US Department of, Treasury, Getty, BSA, Polaris Market Research, United Nations University Centre, M2C Model, Palm, JPMorgan Chase, Washington D.C, Inc, Apollo Global Management, The New York Times, Little Saint, Virgin, U.S ., Miami Herald, Tribune, Service, Microsoft, Columbia University, Mountain Capital, DOJ, New, Deutsche Bank, New York Department of Financial Services, Virgin Islands, Barclays, Authority, Wall Street Journal Locations: York, Manhattan, New York, US Virgin, dimon, Palm Beach , Florida, New York City, UN, Paris, Washington, Prague, thomas, Wexner, Little Saint, I'm, Little St, U.S, U.S . Virgin Islands, Staley, Dimon's, Virgin, British

☆ A 20-year fund manager shares 8 mega-trend stocks he's betting will take market share — and the 5 he's shorting
▼ + stars: | 2023-06-23 | by ( Laila Maidan | ) www.businessinsider.com time to read: +8 min

Gary Black says the stock market will continue to trend higher with volatility this year. What the remainder of 2023 has in store for the stock market is anyone's guess at this point. But Gary Black, a 20-year fund manager, and the portfolio manager and managing partner at The Future Fund, has a more positive outlook. The next mega trend is big data and cyber security. mega trend losersOn the side of stocks being shorted, these are the companies that Black expects will lose market share due to these mega trends.

Persons: Gary Black, Phillip Wool, it's, Black, He's, cybertruck, Tesla, Elon Musk, Eli Lilly, Lilly, LULU, Armour Organizations: Federal, Federal Reserve, EV, Tesla, Company, Palo Alto Networks, Nvidia, Toyota, CNBC, Bloomberg, UA, MAX Holdings Locations: China's, overproducing

☆ JPMorgan Chase's drawn-out breakup with Jeffrey Epstein
▼ + stars: | 2023-06-23 | by ( Kaja Whitehouse | Emmalyse Brownstein | ) www.businessinsider.com time to read: +29 min

Several months later, in October 2006, JPMorgan categorized Epstein as a "high-risk" client, according to a transcript of Dimon's deposition in May. Today, banks have entire departments dedicated to tracking client activity and flagging suspicious behavior. Lots of questions'The fuss JPMorgan compliance officers raised about Epstein in 2011 was extensive. A 'faithless servant'One person who might know much more about the tangled relationship between Epstein and JPMorgan is Jes Staley. Staley sent Epstein internal JPMorgan documents and relied on him for guidance on an array of business and personal dealings, the JPMorgan internal report shows.

☆ Wall Street extends sell-off as Powell hints at further rate hikes
▼ + stars: | 2023-06-21 | by ( Stephen Culp | ) www.reuters.com time to read: +3 min

All three major U.S. stock indexes notched their third straight daily declines, with megacap tech- and tech-related shares weighing most. Tesla Inc (TSLA.O), along AI-related stocks such as Microsoft Corp (MSFT.O) and Nvidia Corp (NVDA.O) were the heaviest drags. "There could be one more rate hike, but I don’t think anyone's buying the fact that there will be two. "A big portion of today’s weakness is because Tesla had one of its worst days in a while," Detrick added. "After a record win streak some kind of weakness is perfectly acceptable and normal."

Persons: Tesla, Jerome, Ryan Detrick, Powell, Detrick, Stephen Culp, Shubham Batra, Johann M Cherian, Ankika Biswas, Aurora Ellis Organizations: FedEx, Barclays, NEW, Federal, Carson Group, Tesla, Microsoft Corp, Nvidia Corp, . House Financial Services, Nasdaq, Dow Jones, Tesla Inc, United Parcel Service Inc, Thomson Locations: Omaha, Bengaluru

☆ A member of Putin's NATO equivalent said it is 'not Russia's ally' in the fight against Ukraine, further splintering the alliance
▼ + stars: | 2023-06-05 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +4 min

Armenia, a member of the CSTO, said it is "not Russia's ally in the war with Ukraine." The CSTO is Russia's equivalent of NATO, but members have snubbed Putin since its invasion of Ukraine. Experts say the alliance is crumbling as Russia's invasion exacerbated existing tensions. "We are not Russia's ally in the war with Ukraine. Some of those snubs directly related to the Ukraine war, including Kazakhstan denying Russia's request to send troops when the invasion began.

Persons: Putin, —, Nikol Pashinyan, Pashinyan, Vladimir Putin, it's, Dmitry Peskov Organizations: NATO, Service, CNN Prima, Security, Organization, Reuters Locations: Armenia, Ukraine, Czech, Russia, Kazakhstan, Belarus, Kyrgyzstan, Tajikistan, Soviet Union, Azerbaijan, Moscow

☆ Preview: Making Of The Meme King
▼ + stars: | 2023-06-01 | 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 EmailPreview: Making Of The Meme KingWhat GameStop chairman Ryan Cohen is up to is anyone's guess. Here's a first look at "Making Of The Meme King," from CNBC Documentaries, which provides an inside look at why everyone from Wall Street to Reddit has an opinion about him. Tune in on Tuesday, June 6 at 10pm ET.

Persons: Ryan Cohen, Here's Organizations: GameStop, CNBC Locations: Reddit

☆ How to dress for your Wall Street summer internship, from Lululemon trousers to Allbird sneakers
▼ + stars: | 2023-05-29 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +10 min

From Allbirds sneakers to Lululemon pants, Wall Street work attire has gotten more casual. It's an awkward time for the Wall Street wardrobe. Trying to nail the modern Wall Street look can be intimidating. But blazers still have a place on Wall Street, even if they're not as omnipresent as they once were. All-white Sam Smith sneakers is now acceptable Wall Street internship attire.

☆ Ukrainian special operators are learning to fight Russia without the 'tethers' other militaries have gotten used to
▼ + stars: | 2023-05-29 | by ( Stavros Atlamazoglou | ) www.businessinsider.com time to read: +7 min

Ukrainian special operators in particular have been learning to fight without those "tethers." When Russia launched its attack early on February 24, 2022, Ukraine's government was caught off guard — but the Ukrainian military wasn't. Fortunately for Ukrainian special operators, their supply lines are short — they are fighting on their home turf, after all. Insider understands that the Ukrainian special operators often resort to unconventional methods to overcome logistics challenges on the ground. As the war drags on and the Ukrainian forces advance, Ukrainian special operators will continue to face logistical difficulties.

☆ You hate your job but you love working from home: You're in remote-work handcuffs
▼ + stars: | 2023-05-28 | by ( Rebecca Knight | ) www.businessinsider.com time to read: +5 min

There are many unhappy remote workers who wish they could quit and get another remote job. The golden handcuffs phenomenon is an obvious parallel, Denise Rousseau, a professor of organizational behavior at Carnegie Mellon's Tepper School of Business, told Insider. "If you're remaining in a job for purely extrinsic reasons — your working conditions are hard to replace — you're going to have more stress." In March 2022, roughly 20% of job listings on LinkedIn offered remote work; last month, such listings dwindled to 10%. David Bakke works from home in Georgia and said that while he doesn't "completely hate" his position, he'd quit if he could find another remote job.

☆ 5 red flags to look out for when working with a real-estate agent, according to experts
▼ + stars: | 2023-05-23 | by ( Elana Klein | ) www.businessinsider.com time to read: +5 min

From unclear fees to conflicts of interest, there are signs you should find a new real-estate agent. Keep an eye out for conflicts of interestClients singing documents with a real-estate agent. "In truth, it is the responsibility of the seller's agent to maximize the seller's return on investment. As a seller, your real-estate agent's availability to show your home to interested parties should be unbroken," she continued. "The commission paid to the real-estate agent is often a portion of the property's sales price.

☆ A retired Georgia couple is fighting back against a railroad company that wants to take land their family has owned for generations
▼ + stars: | 2023-05-13 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: +6 min

A retired Georgia couple is battling a railroad company that wants their land. The couple is part of a group fighting Sandersville Railroad's plan to use the eminent domain process. The Institute for Justice has accused the railroad company of abusing eminent-domain power. Blaine and Marvin Smith own separate parcels of land, both of which Sandersville's push for eminent domain would impact. Institute for JusticeBen Tarbutton III, a representative for Sandersville Railroad, said the company disagreed "with the assertions made by the Institute for Justice."

☆ The Ukraine war is driving a wedge between Moscow and its mercenaries — and the Kremlin knows it
▼ + stars: | 2023-05-11 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +3 min

The war in Ukraine looks to have created deep and lasting tensions between Russia's leadership in Moscow and its mercenary fighters on the ground, with acrimony between the two descending into openly hostile criticism and accusations of treachery this week. Prigozhin said his mercenary forces, making up the bulk of Russians fighting to seize Bakhmut, would remain there for a "few more days" to see if the situation would change. Prigozhin's very public criticism of Russia's military leadership this week has made it impossible for the Kremlin to ignore, despite its de-facto position being to remain tight-lipped about internal matters. "Emotions are boiling over there," Peskov told a Bosnian Serb television channel ATV on Wednesday, in comments translated by Google. We have no doubt that Artyomovsk [Russia's name for Bakhmut] will be brought under control, that it will be determined later," he said.

☆ Wall Street style guide: Bankers break down what interns should — and should not — wear this summer, from Lululemon trousers to Allbird sneakers
▼ + stars: | 2023-05-10 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +10 min

From Allbirds sneakers to Lululemon pants, Wall Street work attire has gotten more casual. It's an awkward time for the Wall Street wardrobe. Trying to nail the modern Wall Street look can be intimidating. But blazers still have a place on Wall Street, even if they're not as omnipresent as they once were. "If you're going to do a sneaker, it's got to be what I call a 'fashion sneaker.'

☆ PSG boss Galtier says not his decision to suspend Messi, condemns fan protests
▼ + stars: | 2023-05-05 | by ( ) www.reuters.com time to read: +2 min

PARIS, May 5 (Reuters) - Paris St Germain manager Christophe Galtier said he had nothing to do with the club's decision to suspend Lionel Messi while he also condemned the Ligue 1 side's fans for staging protests outside Neymar's house. "I was informed by the board at the start of the week of the decision to suspend Messi. When I was informed, I had the responsibility of not commenting on it," Galtier told a press conference ahead of Sunday's game at Troyes. PSG condemned the fans' actions while Galtier said it was unacceptable for supporters to protest outside a player's house. You may protest at the training ground or at the PSG office or after a match at the Parc des Princes.

☆ 7 stocks that fit Warren Buffett's buying criteria ahead of Berkshire's annual meeting
▼ + stars: | 2023-05-05 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

When Warren Buffett takes the stage at Berkshire Hathaway's annual meeting in Omaha on Saturday, he'll have a lot to talk about. He also prefers those that have demonstrated consistent earnings power, as well as good returns on equity. If Buffett were looking to add a tech name as a Berkshire subsidiary, there are three that fit his criteria — Monolithic Power Systems , Teradyne and Paycom Software . Monolithic Power Systems is near the top end of his range with its $22 billion market cap. MPWR YTD mountain Monolithic Power Systems Monolithic reported a first-quarter earnings and revenue beat on Friday.

☆ Sen. Chris Coons on debt ceiling standoff: It is not anyone's wish that we default
▼ + stars: | 2023-05-04 | 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 EmailSen. Chris Coons on debt ceiling standoff: It is not anyone's wish that we defaultSen. Chris Coons (D-Del.) joins 'Squawk Box' to discuss the latest in the debt ceiling showdown, and whether a bipartisan deal can be reached before the U.S. defaults on its debt.

☆ Justice Clarence Thomas' troubles reveal a much larger accountability issue lurking in the Supreme Court
▼ + stars: | 2023-04-27 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +13 min

Supreme Court Justice Clarence Thomas is facing a wave of misconduct allegations in recent weeks. The Supreme Court did not immediately respond to a request for comment on the allegations. What was your initial reaction to Monday's Bloomberg report regarding the 2004 appeals case that Justice Thomas failed to recuse himself from? Associate Supreme Court Justice Clarence Thomas. The point is that the issue should not be punishing Justice Thomas or punishing Justice Gorsuch.

☆ Western countries have scrambled to deliver billions of dollars of military gear to Ukraine. Getting it to the frontlines is a whole other problem.
▼ + stars: | 2023-04-23 | by ( Stavros Atlamazoglou | ) www.businessinsider.com time to read: +7 min

For a military at war, it's a challenge to get the right gear to the right troops at the right time. Western countries have scrambled to deliver that gear to Ukraine, overcoming political debates and logistical hurdles, but getting it to the frontlines presents a whole other problem. Diego Herrera Carcedo/Anadolu Agency via Getty ImagesThe restricted operational environment makes Ukraine's logistics that much harder. Diego Herrera Carcedo/Anadolu Agency via Getty ImagesFurther complicating the situation is the fact that the Ukrainian military is a dynamic force. Many Ukrainian troops are also rotating through the US and European countries for training.

☆ Bitcoin dips below $30,000 to start the week as crypto investors refocus on economic concerns
▼ + stars: | 2023-04-17 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Cryptocurrencies fell on Monday as investors put excitement from Ethereum's "Shapella" upgrade behind them and refocused on upcoming bank earnings and recession concerns. Bitcoin fell 3% to $29,515.35, according to Coin Metrics, falling below the key $30,000 it hit last week for the first time since June. Crypto is coming off a winning week in which prices were boosted by optimism around Ethereum's latest tech upgrade, dubbed "Shapella" (also known as "Shanghai"). Crypto investors are watching bank earnings this week for more insight about the health of the sector and possibility of a coming recession. For this week, any downside potential "should not be severe" or keep bitcoin from continuing on its uptrend, Hasegawa said.

☆ Germany welcomes signals from China on debt-restructuring concessions
▼ + stars: | 2023-04-13 | by ( Christian Kraemer | ) www.reuters.com time to read: +2 min

"China is a difficult partner to talk to but we need China at the table for the solution of debt problems, because otherwise we won't see any progress," Lindner said. China is by far the largest creditor for many highly indebted countries in Africa and Asia, and has been repeatedly pressed to make concessions to speed debt restructuring. Regarding trade relations with China, the German finance minister said that diversification was necessary to avoid risks, but not decoupling. "Decoupling, even in the short term, cannot be in the interest of the German economy and the fragmentation of the global economy as a whole cannot be in anyone's interest," Lindner said. In the case of critical infrastructure and the protection of intellectual property, Lindner said transactions with China should be evaluated on a case-by-case basis.

☆ Elon Musk's $1 million Twitter bounty
▼ + stars: | 2023-04-04 | by ( Asia Martin | ) www.businessinsider.com time to read: +4 min

Elon Musk's $1 million bounty. Twitter CEO Elon Musk has some kind of bounty out for whomever is behind the botnets that he says target certain users and suppresses the reach of their tweets. Million dollar bounty if convicted" in response to a Twitter user who claimed that botnets "silence" certain accounts. Musk and the user were referring to a thread where another user analyzed Twitter's recently open-sourced algorithm. Twitter users called attention to the difficulty in seeing direct messages that mention "gay", "queer", and "trans."

☆ Bed Bath & Beyond's ousted CEO says he's not to blame for the company's failed turnaround and demands his $6.7 million severance
▼ + stars: | 2023-04-03 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +4 min

Former Bed Bath & Beyond CEO Mark Tritton is suing the company, alleging non-payment of his severance agreement. Bed Bath & Beyond said Thursday it needs to raise up to $300 million in new funding to avoid bankruptcy. A representative for Bed Bath & Beyond told Insider the company does not comment on legal matters. One of Bed Bath & Beyond's biggest problems in 2019, the suit says, was its failure to have a serious private-label strategy and Tritton was specifically hired to give it one. If you are a current or former employee of Bed Bath & Beyond or Harmon who would like to share your story, please get in touch with Dominick via email.

☆ A Mississippi meteorologist prayed on-air for small-town residents as a deadly tornado barreled toward them: VIDEO
▼ + stars: | 2023-03-26 | by ( Aidan Pollard | ) www.businessinsider.com time to read: +2 min

A deadly tornado ripped through Mississippi and Alabama Friday, killing at least 26 people. As the storm neared the small city of Amory, Mississippi, a local weatherman prayed for residents' safety. He prayed for the residents of Amory, Mississippi — pleading on air for people to stay safe just minutes before the tornado reached them. Amory is a small town of about 6,500 in northeastern Mississippi situated between Birmingham, Alabama, and Memphis, Tennessee. The tornado left a trail of destruction in Amory, directly hitting the city's water department, according to the New York Times.

☆ India's travel industry may not overtake China soon but there are still 'massive' opportunities
▼ + stars: | 2023-03-24 | by ( Charmaine Jacob | ) www.cnbc.com time to read: +5 min

Nurphoto | Nurphoto | Getty ImagesIndia's airline industry may be on a strong growth trajectory — but don't expect India's outbound travel to overtake China's soon, aviation analysts say. "The gap between China and India is huge," Lalitya Dhavala, valuations consultant at travel analytics firm Cirium told CNBC. India's robust growth trajectoryThe analysts agree there's potential for growth in India's domestic and international travel market. In comparison to China, India has a larger share of young adults, with 40% of its population under 25 years old, Dhavala said. Late last year, Indian conglomerate Tata Group announced that Vistara will merge with national carrier Air India by March 2024.

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