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☆ Sean Grayson’s fatal shooting of Sonya Massey highlights risky practice of hiring ‘wandering officers’
▼ + stars: | 2024-08-03 | by ( Ramon Sanchez | Ray Sanchez | ) edition.cnn.com time to read: +20 min

The suspension of former Sangamon County Sheriff’s Deputy Sean Grayson’s law enforcement certificate came only after he was fired and charged with murder. Sean Grayson, a deputy with the Sangamon County Sheriff’s Office, faces multiple charges in the shooting death of Sonya Massey. ‘We can’t have you in our uniform’Grayson worked at six Illinois law enforcement agencies over a four-year period. Then he started working full time with Auburn police, the Logan County Sheriff’s Office, and finally the Sangamon County Sheriff’s Office in May 2023. The union representing Illinois law enforcement officers said it will not challenge Grayson’s termination.

Persons: Sonya Massey, Sean Grayson’s, Grayson, Massey, “, they’ve, ”, Christy Lopez, Obama, Lopez, “ It’s, ” Lopez, Sean Grayson, It’s, CNN Grayson, Daniel Fultz, Jack Campbell, ” “ Grayson, ” Campbell, ” Grayson, Campbell, Brian Grisham, Bryce Dubee, “ Sean P, Kincaid, KSHB, ” Grisham, Grayson “, Logan, admonishing Grayson, “ I’m, George Floyd, Derek Chauvin, Floyd, Chauvin, Michael Brown, Ferguson, –, it’s, Barack Obama’s, ” Laurie Robinson, ” Decertification, Grisham, “ We’ve, Holly Yan, Bill Kirkos, Amanda Musa, Andy Rose, Chris Boyette, Brad Parks, Dakin Andone Organizations: CNN, Army, International Association of Chiefs, Police, Georgetown University, US Justice Department, Illinois, US Army, Department of Defense, Kincaid Police Department, KSHB, International Association of, DOD, Board, Auburn Police Department, Pawnee, Auburn police, Office, Auburn, Sangamon County Sheriff’s, of Police Labor Council, George Floyd Justice, Minneapolis Police, Internal Affairs, Ferguson Police Department, Justice Department, George Mason University, Peace, Yale Law, “ Police Locations: Illinois, Sangamon County, Sangamon, Fort Riley, Kansas, Macoupin, Logan, Logan County, Missouri, Ferguson, St, Louis County, “, California , Massachusetts, Minnesota , Tennessee , New York , New Jersey, Texas

☆ My 3rd child was a daughter, and with her, I felt more pressure to be a role model. She's always watching what I'm doing.
▼ + stars: | 2024-08-03 | by ( Amanda Miller Littlejohn | ) www.businessinsider.com time to read: +5 min

I've always felt it to be a dangerous setup for both parent and child. My daughter looks up to meI've noticed my daughter's eyes scanning me for clues on how she should show up. If this tiny, impressionable person wants to mimic everything I do, I've had to start asking myself: What exactly am I doing? AdvertisementThe author's daughter looks up to her. I also make sure she sees me enjoying my coffee in my expensive porcelain china instead of the chipped promotional mugs.

Persons: —, I've, she'll, adorably, it's, Amanda Miller Littlejohn Organizations: Service, Business

☆ Excavation in Egyptian necropolis uncovers 63 ancient tombs and a trove of gold artifacts
▼ + stars: | 2024-08-03 | by ( Taylor Nicioli | ) edition.cnn.com time to read: +4 min

CNN —An ongoing excavation in Damietta, Egypt, has uncovered 63 tombs from more than 2,500 years ago, alongside a trove of gold artifacts, coins and pottery. Sixty-three tombs were uncovered during an ongoing excavation in Damietta, Egypt. The bodies were buried with gold foil figures that depicted religious symbols and ancient Egyptian idols. Ancient Egyptian burials reflect status and wealthThe excavation and mission to explore the necropolis has been ongoing for years. The recent find of 63 tombs consisted of mostly mud-brick tombs as well as some simple burials, according to a ministry statement.

Persons: Alexander the Great, Tal, Salima Ikram, Kotb Fawzy, King Psamtik II, Horus, ”, Lorelei Corcoran, Corcoran Organizations: CNN, Egypt’s Ministry of Tourism and Antiquities, Egypt Ministry of Tourism, American University, Ministry of Tourism, Antiquities, of Egyptian Art, University of Memphis Locations: Damietta, Egypt, Cairo, Tennessee

That level of intensity in a short period of time necessitated a crew of hardened professionals, several sources with knowledge of Harris' strategy said. Next week, a major campaign swing, then the convention and then it’s the debate,” one person with knowledge of Harris’ strategy said. Mitch Stewart will act as a senior adviser on battleground states, and Palmieri will serve as senior adviser to the second gentleman. “In Wisconsin, we have had more online volunteer sign-ups since July 21st than between January 1st and July 20th,” a Harris campaign aide said. “That’s a game-changer to a ground game in a small state like Nevada,” Molly Forgey, a Nevada Democratic strategist, said.

Persons: Kamala Harris ’, David Plouffe, Barack Obama’s, Stephanie Cutter, Jennifer Palmieri —, Harris, Joe Biden’s, Mike Donilon, Steve Ricchetti, Obama, Mitch Stewart, Palmieri, Brian Fallon —, ”, Pete Giangreco, Biden, Trump, “, Cutter, Jen O’Malley Dillon, Julie Rodriguez, “ Harris, Molly Forgey, Forgey, there’s, —, Chris Korge, he's Organizations: Democratic, White, Trump, “, Democratic National Committee, Democratic Congressional, Committee, ”, Nevada Democratic Locations: “, Arizona, Nevada, Wisconsin, “ In Wisconsin, Philadelphia, ” In Nevada

In response to the El Paso mass shooting, MALDEF created a new program to expand its litigation and advocacy work to include anti-Latino hate crimes, including discriminatory policing policies. America’s Voice, an immigrant advocacy group, has been tracking what it calls the normalization of the invasion and great replacement rhetoric by congressional members. In the five years since the mass shooting in El Paso, 165 members of the current Congress have amplified the replacement theory and invasion rhetoric, said Zachary Mueller, America’s Voice senior research director, citing a report done by the group. Also, in this year’s first seven months, congressional members have pushed the invasion and great replacement theory more than 650 times in social media accounts and filed 11 pieces of legislation using the “invasion” rhetoric. "Use of invasion rhetoric needs to be seen as a national problem.

Persons: El, supremacists, Paul Jamrowski, Jordan Anchondo, Andre Anchondo, he’ll, Jarowski, Donald Trump, Trump, Adolf Hitler, Thomas Saenz, ” Saenz, ”, they’re, MALDEF, Zachary Mueller, Mueller, “, ” Mueller, Joe Biden's, Saenz Organizations: Walmart, Human, Border Network, Human Rights, Jewish Council, Public Affairs, America's, Republican National Convention, Republican Party, Mexican American Legal Defense, Educational Fund, National Association of Black Journalists, NBC, El, America’s, Republicans Locations: El Paso , Texas, Texas, El Paso, U.S, Buffalo , New York

Some of them were alums of Project Veritas, the conservative group known for elaborate sting operations targeting liberal organizations, journalists and unions. The man at the center of the fracas was Michael Spadone, a former Project Veritas field director. In that role he oversaw staffers who used hidden cameras to embarrass people Project Veritas targeted. James O’Keefe, the Project Veritas founder, was ousted from the nonprofit last year. Before Spadone left Project Veritas, he was the subject of a sexual harassment lawsuit filed by a former administrative assistant.

Persons: Michael Spadone, Spadone, “, ” Spadone, they’d, ”, It’s, James O’Keefe, Jeffrey Lichtman, didn’t, Zachary Glaza, Antonietta Zappier, Amer Zahr, Zahr shrugged, surveil, profanities, you’re, —, You’re, “ You’re, Uber, I’m, ’ ”, they’re Organizations: Veritas, NBC News, Project Veritas, Dearborn Police Department, Local, People’s Conference, Palestine, Henry, NBC Locations: Michigan, Dearborn, America, Palestinian American, American, we’re, Detroit

☆ Champagne, Soft Piano and No Lines: Luxe Life at the Olympics
▼ + stars: | 2024-08-02 | by ( Sarah Lyall | ) www.nytimes.com time to read: +1 min

It’s called the Golden Garden Hospitality Experience, and it begins with door-to-door taxi service and a queue-free entrance. Go to any big sports event and you will find people having more rarefied experiences than you. The Summer Games in particular have long been known for the extravagant perks they dole out to dignitaries, corporate sponsors and other constituents of the Olympic-industrial complex. Such benefits used to be out of reach for most Olympics ticket holders. While third-party vendors have always offered luxury ticket packages, the deals came with some uncertainty because the sellers weren’t sanctioned by the Olympics.

Persons: It’s Organizations: Games, Paris Games Locations: Versailles, Champagne

☆ Home valuations are rising faster than incomes. Here's why that could hurt homeowners' wallets
▼ + stars: | 2024-08-02 | by ( Charlotte Morabito | In Charlottemorabito | ) www.cnbc.com time to read: +3 min

Home prices have been rising faster than incomes, which can be a problem for homeowners because as the value of a home rises, so does the cost to maintain it. 'Paper' wealth and rising expensesTips for homebuyersViehman of the NAR recommends people shopping for a home "lean on their realtor first." Viehman also recommends leaving room in your monthly budget to address the possibility of surprise expenses. "Just because you qualify for $3,000 a month in a mortgage payment doesn't mean you should max it out right now," she said. Tips for current homeownersCurrent homeowners who are struggling to meet their monthly payments also have some options to consider.

Persons: homeownership, Devon Viehman, Mark Hamrick, homebuyers, Viehman Organizations: Chamber of Commerce, National Association of Realtors, NAR, Consumer Financial, Department of Housing, Urban Locations: Devon

☆ Giant pigeon to perch atop New York City’s High Line
▼ + stars: | 2024-08-02 | by ( Benjamin Sutton | ) edition.cnn.com time to read: +3 min

Editor’s Note: This article was originally published by The Art Newspaper, an editorial partner of CNN Style. The next commission to alight above Tenth Avenue on the park’s prominent plinth will be Dinosaur (2024), a hyper-realist aluminum sculpture of a pigeon by Iván Argote, the Bogotá-born, Paris-based artist. Courtesy the artist/The High LineLike many New Yorkers, pigeons are not native to the region. “Iván has a charming ability as an artist to take something familiar and make us consider it anew in profound ways,” Cecilia Alemani, the director and chief curator of High Line Art, said in a statement. Courtesy the artist/The High LineArgote’s prominent pigeon will be the fourth High Line Plinth commission, following works by Pamela Rosenkranz, Simone Leigh and Sam Durant.

Persons: Iván Argote, “, ” Argote, “ Iván, ” Cecilia Alemani, Joseph Gallieni, Marcel Duchamp, Pamela Rosenkranz, Simone Leigh, Sam Durant, Argote’s Organizations: The Art, CNN, Tenth, Centre Pompidou Locations: Paris, New York, “

☆ How Pete Buttigieg became the Dems' most ubiquitous TV spokesperson
▼ + stars: | 2024-08-02 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +5 min

Read previewEver since Kamala Harris became the presumptive Democratic nominee, Pete Buttigieg has been dominating the TV interview circuit. "It's the fact that every time he comes out to say something, he says something totally different," the Democratic strategist said. It's not just TV hosts, Democrats, and social media users who love Buttigieg — voters do too. And now, he's reminding Americans on TV screens around the country what he cares most about: the future of the country. "Pete Buttigieg cares about America and he understands the stakes in this election," the Democratic strategist told BI.

Persons: —, Kamala Harris, Pete Buttigieg, Jen Psaki, Joe Biden, Bill Maher, he's, Donald Trump, Buttigieg, Kaitlan Collins, JD, aren't, Jon Stewart, Biden —, Buttigieg's, Keith Edwards, Edwards, It's, Harris, Gavin Newsom, Pete, Biden Organizations: Service, Democratic, Transportation, Indiana, CNN, Daily, Fox News Sunday, Business, Fox News, Democratic Party, ABC, California Gov Locations: South Bend , Indiana

☆ Harris' running mate search nears the finish line: From the Politics Desk
▼ + stars: | 2024-08-01 | by ( The Politics Desk | ) www.nbcnews.com time to read: +10 min

In today’s edition, we report on how Vice President Kamala Harris' search for a running mate is nearing the finish line. Harris' VP search nears the endBy Yamiche Alcindor, Julie Tsirkin and Rebecca ShabadThe vetting team for Vice President Kamala Harris has met with six potential running mates as her selection process nears its end, two sources familiar with the campaign said. Shapiro met with Harris’ vetting team on Wednesday, according to a source familiar with the meeting. The vice president was not present, the source said. Read more →The Democratic National Committee’s virtual roll call to officially nominate Harris for president began at 9 a.m.

Persons: Kamala Harris, Jonathan Allen, Donald Trump, Harris, Yamiche Alcindor, Julie Tsirkin, Rebecca Shabad, Andy Beshear, Pete Buttigieg Arizona Sen, Mark Kelly Illinois, JB Pritzker, Josh Shapiro Minnesota, Tim Walz, Joe Biden, Shapiro, Manuel Bonder, ” Bonder, Kelly, ” Pritzker, Walz, “ I’m, ” Walz, Read, Allan Smith, →, hasn’t, Ohio Sen, JD Vance, Kamala Harris ’, Trump, ” That’s, ”, Scott Olson, Vance, Joe Biden —, Archie Bunker, Harris doesn’t, that’s, —, Sen, Rea, sid e nt began, m. E, mary day in Organizations: NBC, White House, Capitol, Mark Kelly Illinois Gov, Hamptons, PAC, NBC News, Democratic, National Association of Black Journalists, GOP, ’, Trump, SC O Locations: Kentucky, Philadelphia, Wisconsin, Detroit, Raleigh , North Carolina, Phoenix, Las Vegas, Savannah , Georgia, Israel, Gaza, Chicago, Indian American, Michigan , Wisconsin , Pennsylvania, Arizona, Georgia, —

☆ Meet the Gen Zer Behind Friend, the Creepy New AI Necklace
▼ + stars: | 2024-08-01 | by ( Zoë Bernard | ) www.businessinsider.com time to read: +8 min

Earlier this week, another product contending for the future of AI companionship made its debut: an eavesdropping necklace called Friend. AdvertisementSchiffmann's original vision for an AI hardware device was a pendant that would act as a more standard-fare AI assistant called Tab — he once described it as a "wearable mom." Of the many AI hardware devices that launched in recent months, such as Humane's AI pin, Meta's smart glasses, and Rabbit's AI-powered R1, Friend is the most personal contender. In fact, on the day Friend launched, a competing AI hardware founder named Nik Shevchenko released a diss track — as any self-respecting 23-year-old AI hardware founder would do — insinuating that Schiffmann stole his idea. (It would not be the first time that Shevchenko built an open source competitor that closely resembled another AI hardware device.

Persons: Siri, Friend, Avi Schiffmann, Schiffmann, Elon Musk, Caffeinated Capital's Raymond Tonsing, Aravind Srinivas, Austin Rief, hasn't, Scarlett Johansson, transfixing Joaquin Phoenix's, —, Anthony Fauci, Camus, it's, Nik Shevchenko, Shevchenko, Taylor Organizations: Harvard, Morning Locations: Tokyo, Ukraine

☆ Sports Betting Is Driving Americans Into Debt, Bankruptcy
▼ + stars: | 2024-08-01 | by ( Emily Stewart | ) www.businessinsider.com time to read: +11 min

AdvertisementIt tracks: The closer you live to a casino, the likelier you are to develop a gambling problem. About 1% of US adults have a severe gambling problem, according to the National Council on Problem Gambling, and 2% to 3% have a mild or moderate problem. Advertisement"By the time everyone gets all excited, we're talking about really large credit-card debt, really large debts to friends and family. A lot of online debt," said Timothy Fong, a clinical professor of psychiatry at UCLA and a codirector of its gambling-studies program. In the sports world, we've recently seen some high-profile examples of young men getting into hot water from sports betting.

Persons: that's, Brett Hollenbeck, Hollenbeck, It's, Michelle Malkin, You've, Timothy Fong, Fong, Young, we've, Shohei, Ippei Mizuhara, Jontay Porter, Malkin, doesn't, it's, Emily Stewart Organizations: University of California, University of Southern, UCLA's Anderson School of Management, National Council, East, East Carolina University's, Policy Initiative, UCLA, MLB, NBA, Sports, Business Locations: Los Angeles, University of Southern California, East Carolina, America, New Jersey

☆ Americans have 4 core beliefs about money—but only one helps you get richer
▼ + stars: | 2024-08-01 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +5 min

Understanding how money scripts influence your spending and saving behavior can be the key to unlocking financial wellness. Money scripts are beliefs or attitudes about money that subconsciously affect the way we make financial decisions. But it can be difficult to totally rid yourself of your personal money beliefs. Once you understand what your money scripts are and how they manifest, you can take steps to rescript if necessary. "When the context changes and our [money] beliefs don't change, that's when it becomes dysfunctional," Klontz says.

Persons: Brad Klontz, Klontz, we're, we've, it's Organizations: CNBC

☆ She's climbed Mount Everest a record-setting 10 times. But her most terrifying moments weren't on the deadly mountain.
▼ + stars: | 2024-08-01 | by ( Maria Noyen | ) www.businessinsider.com time to read: +7 min

The 50-year-old is the subject of a Netflix documentary, "Mountain Queen: The Summits of Lhakpa Sherpa," out July 31. Directed by Lucy Walker, the film traces Sherpa's journey to summit Mount Everest a record-setting 10 times. She didn't summit Everest for fame, but to challenge herself and others not to give up. Everest was her refuge from a turbulent marriageThe Himalayan Database reported that Mount Everest has claimed the lives of more than 330 people since the early 1900s. Even though she'd conquered Everest, Sherpa tells BI that she only felt like a professional mountain climber after tackling K2.

Persons: —, Lucy Walker, Sherpa, Everest, George Dijmarescu ., Sunny, Dijmarescu, she'd, Matthew Irving, Everest —, — she's, she's Organizations: Service, Netflix, Lhakpa, Business, Foods, Mount, Netflix Sherpa, Sherpa, Everest Locations: Everest, West Hartford , Connecticut, Nepal, Mount Everest, Everest's, Kathmandu, Connecticut, West Hartford, Dijmarescu, Pakistan

☆ Trump's bitcoin strategy was shared behind closed doors with CEOs who raised $25 million. Here's what he told them.
▼ + stars: | 2024-08-01 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +15 min

Bitcoin 2024 attendee wears "Make Bitcoin Great Again" baseball cap. Trump said on Saturday that his campaign has raised $25 million from the crypto industry since it began accepting cryptocurrency donations in May. "Make Bitcoin Great Again" hats displayed for sale at the Bitcoin 2024 conference in Nashville, Tennessee, US, on Saturday, July 27, 2024. "The rules will be written by people who love your industry, not hate your industry," Trump declared that afternoon in the main auditorium as he warmed up the crowd. As Riot's Les put it, "I think the core message that we communicated to President Trump was, 'This is your industry leadership group.

Persons: Donald Trump, Jon Cherry, Donald Trump White, Tyler, Cameron Winklevoss, Paul Grewal —, David Sacks, Cantor Fitzgerald, Howard Lutnick, Cynthia Lummis, Bill Hagerty, Marsha Blackburn, Vivek Ramaswamy —, Kid Rock, Billy Ray Cyrus, Jason Les, Fred Thiel, Zach Bradford, Chris Cook, Amanda Fabiano, Michael Saylor wasn't, Saylor, Trump, That's, Donald Trump's, Les, he's, litigator, Tracy Hoyos, Cyrus strummed, " Hoyos, López, Hoyos, Cyrus, López Trump, Marathon's Thiel, Thiel, David Bailey, Bailey, Sen, Elizabeth Warren, Gary Gensler —, Kamala Harris, Cook, Saturday's, CleanSpark's Bradford, Riot's Les, indoctrinating, Bradford, they've, It's, we're Organizations: Republican, Getty, Music City Center, GOP, Gemini, Trump, U.S ., State Department, Marathon Digital Holdings, CNBC, Music City, Riot, Attorney, Bitcoin, BTC Inc, U.S . Securities, Exchange, US, Bloomberg, indoctrinating Trump, Industry, Mar Locations: Nashville , Tennessee, San Francisco, Nashville, Mar, Lago, U.S, San Bernardino County, López

☆ How 5G connectivity has evolved at the Olympic Games
▼ + stars: | 2024-08-01 | by ( Chris Stokel-Walker | ) www.businessinsider.com time to read: +6 min

It's the culmination of years of fine-tuning over successive Olympic Games — as this timeline shows. The Olympic Games are perhaps the world's best-known sporting competition, broadcast to billions worldwide. Here's how 5G capabilities have progressed at the Olympic Games since 2018, starting with a small trial at the 2018 Winter Olympics in Pyeongchang, South Korea, and expanding to today's Games-wide connectivity experience. The companies jointly developed the 5G network at what organizers called "the most innovative Olympic Games ever." Beijing Winter Olympics 2022China has long been an innovator of mobile technology, and the 2022 Winter Olympics in Beijing proved no exception.

Persons: —, Markus Nispel, Mario Reis, Orange, Bertrand Rojat, Rojat Organizations: Paris, Service, Olympic, Extreme Networks, Europe, Olympic Games, today's, KT, Korea Telecom, Sync, Tokyo, Intel, NTT Docomo, Tokyo Games, Olympic Broadcasting Services, Games, Paris Olympic Locations: Paris, Africa, Pyeongchang, South Korea, Tokyo, Beijing, China, Orange

☆ Spending takes center stage in Meta Platform's earnings report after the bell Wednesday
▼ + stars: | 2024-07-31 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

More important to Wall Street is the company's capital expenditures — or spending — as investors are demanding to see clear signs that hefty investments in AI are beginning to pay off . META 1M mountain Meta shares this month The intensified attention toward AI spending comes on the heels of Alphabet's quarterly print and during a "make-or-break" week with earnings from four tech behemoths. While Alphabet topped Wall Street estimates, its rising expenses spurred a sell-off across the sector. But Beck also sees Meta shares going higher as he raised his price target to $600. An uptick in advertising Wall Street is also keeping an eye on advertising figures this quarter, with Nowak viewing Meta as best situated to weather any uncertainty.

Persons: Wolfe Research's, Khajuria, Morgan Stanley, Brian Nowak, capex, Raymond James, Josh Beck, Beck, Wells, Ken Gawrelski, Nowak, Mark Shmulik, Deutsche Bank's Benjamin Black, bode, America's Justin Post Organizations: Meta, StreetAccount, Deutsche, America's, ~$ Locations: Paris

☆ Alexa Von Tobel Is the Super Connector of New York's Buzzy Tech Scene
▼ + stars: | 2024-07-31 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +11 min

Inspired Capital co-founders Lucy Deland (left), Alexa von Tobel (center), and Mark Batsiyan (right) speak to portfolio companies at the firm's annual founder dinner in June 2024. Born and raised in Jacksonville, Florida, von Tobel attended Harvard University, where she graduated with a degree in psychology. AdvertisementInspired Capital co-founders Alexa von Tobel and Penny Pritzker. Inspired Capital founding partners Mark Batsiyan, Lucy Deland, Alexa von Tobel, and Penny Pritzker. Although von Tobel was on vacation outside the country, she stepped away from a fancy dinner to take McNulty Rojas's call and brainstorm solutions.

Persons: Alexa von Tobel, she's, Lucy Deland, Mark Batsiyan, It's, von Tobel, Capital's, who's, Zuckerburg, I've, Morgan Stanley, —, LearnVest, Batsiyan, Alexa, they'd, von Tobel's, Penny Pritzker, Obama, Brynne McNulty Rojas, — von Tobel, McNulty Rojas, Habi, Tobel, Von, Deland, it's, von, McNulty, hasn't, guac, She's, Benjamin Vandiver, Ivan Zhao, Lindsey Vonn Organizations: Flatiron, Business, New York VC, Harvard University, Facebook, Harvard Business School, Accel Partners, American Express Ventures, Northwest Mutual, LearnVest, Ventures, Northwest, Capital, Harvard, of Commerce, America Fund, Tiger Global Management, II, Alexa, Inc, Magazine, Winder, New York Locations: Jacksonville , Florida, New York, Deland, Miami, Latin America, York

☆ DuPont's recovery gains speed with another catalyst for the stock still looming
▼ + stars: | 2024-07-31 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +9 min

DuPont's water and protection segment may have seen a year-over-year decline in sales, but what matters most is that revenue was up 8% sequentially. Notably, DuPont's Water Solutions and Tyvek medical packaging businesses in China — an economy that's lately been a thorn in the side of so many companies — helped drive the quarter-over-quarter expansion. While there's been speculation that DuPont's water business is attracting interest from peers, management said the company has not had conversations about an outright sale. The range for operating EBITDA was raised to $3.06 billion to $3.11 billion, up from $2.9 billion to $3.05 billion previously. DuPont's third-quarter guidance of roughly $3.2 billion in sales, $815 million in operating EBITDA and adjusted EPS of $1.03 essentially matched expectations.

Persons: FactSet, EBITDA, DuPont's, Jim Cramer, —, It's, Ed Breen, Breen, DuPont, there's, Jim Cramer's, Jim, Jim Graham Organizations: DuPont, PPG Industries, Club, Devices, Solutions, Federal Reserve, Wall, Electronics, Semi Tech, CNBC, Bloomberg, Getty Locations: China, Asia Pacific

☆ Pinterest shares tumble nearly 15% on weak guidance
▼ + stars: | 2024-07-30 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +3 min

Bill Ready, CEO of Pinterest, rings the opening bell at New York Stock Exchange (NYSE) in New York City, U.S., May 15, 2024. Pinterest shares sank about 15% when the company reported its second-quarter earnings on Tuesday and provided third-quarter guidance that was lower than analyst estimates. Pinterest said that it had 522 million global monthly active users (MAU) for the second quarter, topping analyst estimates of 520.1 million. Additionally, Pinterest reported second-quarter global average revenue per user (ARPU) of $1.64, in line with analyst estimates. However, the company's YouTube advertising sales were $8.66 billion during that period, coming in lower than analyst estimates of $8.93 billion.

Persons: Bill Ready, Pinterest, we're, Julia Brau Donnelly, Donnelly Organizations: New York Stock Exchange, Analysts, ., U.S, U.S ., YouTube, Meta Locations: New York City, U.S, LSEG, Canada, Europe

There were also the white women, in a Zoom-busting paroxysm of solidarity and angst. The speakers included two white dudes on the shortlist to be Ms. Harris’s running mate — Gov. Image The actor Joseph Gordon-Levitt joined the “White Dudes for Harris” call. (The “White Dudes for Harris” call, at the end of its three-hour 20-minute run, had brought in more than $4 million.) He had seen a link for the “White Dudes for Harris” trucker hat and wanted one.

Persons: Kamala Harris, Harris, ”, ” marveled Bradley Whitford, Harris’s, “, Donald J, Trump, — Gov, Tim Walz, Pete Buttigieg —, Josh Groban, Lance Bass, Mark Hamill, Roy Cooper of, JB Pritzker, JD Vance, Biden, Barack Obama’s, Cena, Joseph Gordon, Levitt, Ross Morales Rocketto, ” Mr, Morales Rocketto, aren’t MAGA, Biden’s, Kamala, Harris ”, Connie Britton, Karens, Glennon Doyle, Ms, Doyle, Shannon Watts, ” Donald Trump Jr, Morales Rocketto sighed, Jeff Bridges, Buttigieg, Adam B, Schiff, California Organizations: South Asian, Wing, Democratic, Gov, Illinois, Democratic Party, YouTube, aren’t MAGA Republicans, Republican Party, Senate Locations: Minnesota, Roy Cooper of North Carolina, “

☆ In the age of AI, there's no future for workers content with being code monkeys — and they know it
▼ + stars: | 2024-07-30 | by ( Aditi Bharade | Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +7 min

"I think there will be a change in the way a software engineer works, and instead of five software engineers you might need four in future," she said. AdvertisementHe said that people who studied software engineering before the rise of AI tools have a stronger foundation because they have "written code from scratch." AdvertisementAn added that foundational knowledge in "algorithms, data structures, software engineering, and other critical areas" is essential for advancing AI technologies. David Malan, a computer science professor at Harvard, told BI that AI tools could be a plus for aspiring software engineers who know how to leverage them. Tejas Rajagopal, a recent computer science graduate from NTU, said he's been trying to expand his skillset to strengthen his chances of landing a job.

Persons: —, Arpita Kaushik, Aditya Swami, Hatcher, Swami, Kaushik, It's, hasn't, Adrian Goh, Goh, Kan Min Yen, Kan, Bo An, David Malan, Malan, he's, Rajagopal Organizations: Service, Google, Business, IBM, Rocket Mortgage, National University of Singapore, Nanyang Technological University, NTU, Harvard, Tejas Locations: Singapore, Hatcher, Asia

Analyst Alex Henderson reiterated his buy rating for the cybersecurity firm but lowered his price target to $375 from $425. JPMorgan analyst Kenneth Worthington attributed a higher assumption for total crypto market cap as one reason for his price target raise. "We see the cryptoecosystem in the midst of a material participation rally, benefitting Coinbase revenue generation near term," the analyst wrote. Analyst Eric Joseph's December 2025 price target of $8 implies a 51% decline ahead for the stock. He also maintained his $725 price target, which implies upside of 15.6% from Monday's close.

Persons: Oppenheimer, Needham, Alex Henderson, CrowdStrike, Henderson, Lisa Kailai Han, Keefe, Bruyette, Meyer Shields, Shields, — Lisa Kailai Han, Kenneth Worthington, JPMorgan downgrades, Eric Joseph's, Joseph, Chipmaker, Simon Coles, Coles, Jason Helfstein, NFLX, Fred Imbert Organizations: CNBC, Barclays, Netflix, Security, Aon, JPMorgan, Sanofi Locations: Woods, Coinbase, China, Monday's

☆ It’s not the end of the world if the Fed doesn’t cut rates tomorrow
▼ + stars: | 2024-07-30 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +4 min

New York CNN —The Federal Reserve is all but certain to hold interest rates steady at its meeting this week. That’s why Torsten Slok, Apollo Global’s chief economist, is maintaining his prior forecast that the Fed won’t cut rates at all this year. “There are still two more CPI releases before the September 18 [Fed] meeting, so we have to wait and see if the downtrend in inflation continues,” he told CNN. Fed officials have signaled that September will be when they finally lower interest rates. The difference between a few months for that initial cut “really doesn’t matter unless there’s some big shock that hits the economy in that time,” Fed Governor Christopher Waller said earlier this month.

Persons: Alan Blinder, Paul Krugman —, Blinder, what’s, Brandon Bell, Torsten Slok, Apollo, ”, Sean Snaith, it’s, Christopher Waller, Waller Organizations: New, New York CNN, Federal, CNN, ” University of Central, ” Locations: New York, ” University of Central Florida, Iran, Israel

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