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Eric Adams took perks and donations from the Turkish government for years, prosecutors say. "It is very expensive because it is last minute," the airline manager texted the Adams staffer, according to the indictment. AdvertisementThe Adams staffer pushed the manager to charge a more realistic-sounding price, prosecutors say. The Adams staffer asked for "$1,000 or so," noting that Adams' "every step is being watched right now." The Turkish Airlines manager also offered to set up Adams in the Four Seasons, which the Adams staffer deemed "too expensive."
Persons: Eric Adams, wasn't, Adams, , Damian Williams Organizations: Service, Turkish Airlines, Prosecutors, Turkish, United Nations, Cosmopolitan Suite, Regis Locations: Turkish, New York City, Turkey, Istanbul, Manhattan, Regis Istanbul, New York, France
I was kicked out of my house as a teen and changed my last name to separate from my family. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . She told me I had the option of going back to my old last name as part of my divorce. I have an amazing community and chosen family, but it's something I've had to build on my own. Each time I see my "new" old name, I feel myself growing more confident and comfortable in the life that I am building — instead of living in the shadow of an old relationship.
Persons: , I've, it's, I'm Organizations: Service, DMV Locations: Canada, Europe
Sutskever announced his departure from OpenAI in May and launched his own AI startup focused on safety. Of the 11 cofounders of OpenAI from 2015, only Altman, Brockman (who, again, is on leave), and Wojciech Zaremba remain. Daniel Kokotajlo and William Saunders, who previously worked on OpenAI's governance and safety teams, respectively, left OpenAI in the first half of 2023. AdvertisementAdditionally, OpenAI cofounder John Schulman left in August to join OpenAI rival Anthropic — where Leike also landed. On Wednesday, Meta announced that Meta AI is on track to be "the most used AI assistant in the world."
Persons: , Mira Murati, Sam Altman, There's, OpenAI, Airbnb, KugtVv9o6N, Matt Turck, Altman, Murati, Ilya Sutskever, Greg Brockman, Brockman, Sutskever, Sam, Madeline, PnRxZSbGgx — sophie, Bob McGrew, Barret Zoph, Sarah Friar, Jakub Pachocki, Brad Lightcap, Kevin Weil, Wojciech Zaremba, Elon Musk, Musk, Jan Leike, Daniel Kokotajlo, William Saunders, John Schulman, Anthropic, Leike, Andrej Karpathy, Kokotajlo, Fortune Organizations: Service, Bloomberg, Business, Wired, OpenAI, , Microsoft, Meta, Apple, Nvidia, Reuters Locations: OpenAI, Slack,
I'm a mom and dietitian, and I don't mind feeding my toddler processed foods. AdvertisementI'm a dietitian, and I feed my 2-year-old processed foods. Not all processed foods are created equalProcessed foods exist on a spectrum, ranging from minimally to heavily processed, otherwise known as ultra-processed foods. AdvertisementI feed my toddler processed foods alongside whole foodsAs a dietitian and a mom, I seek foods that are easy to prepare and nutritious for my toddler. Related storiesIn our household, I serve processed foods alongside whole foods.
Persons: , Kraft Organizations: Service
Finally, and most importantly, for the subject for this week's podcast, he's the Esports World Cup CEO. So if I would have any idea, any understanding on video games, right, I would watch that too. There's always a clear qualifying way to go to the Esports World Cup, right? I mean, in stadiums, security is being paid by the state for big competition, like a World Cup, right? Arjun KharpalAnd Ralf are you likely to keep the Esports World Cup in Saudi if you renew this next year?
Persons: Ralf Reichert, CNBC's, Tom Chitty, Reichert, Paris, Ralf Reichart, you've, it's, Arjun Kharpal Ralf, I've, I'd, There's, Arjun Kharpal, we're, haven't, Ralf Reichart It's, what's, Tom Chitty Ralf, What's, I'm, esports, we've, We've, Ralf, Ralf Reichart I'd, that's, Arjun, Tom, we'll Organizations: Sports League Gaming, MLS, Premier League, esports, Saudi Locations: esports, Riyadh, Saudi, German, Gothenburg, Sweden, Bangladesh, China, East, Africa, Saudi Arabia
Eric Adams has been indicted, The New York Times first reported on Wednesday. With this indictment, Adams has become the first sitting NYC mayor to be criminally charged. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementNew York City Mayor Eric Adams has been indicted after a federal corruption probe, The New York Times first reported on Wednesday. With this indictment, Adams has become the first sitting New York mayor to face criminal charges.
Persons: Eric Adams, Adams, Organizations: New York Times, Service, York City, New York, Times, Business Locations: York
I was a plump, complex, introverted, spotty-faced teen and felt like such a disappointment to my family of high achievers. I stopped checking how much I weighed and started living my life. As I listened to my body, I could feel it start to change shape from a pear to an inverted triangle. Every year, I have felt even better about who I am as a whole — body and soul. I lead a dietless life, fuelled by healthy living, and am no longer defined by a number.
Persons: , Alison Weihe, I'm, I've Organizations: Service, Business
Thursday, September 26, 2024: The Club breaks down earnings from this chipmakerGo behind the scenes with Jeff Marks of the CNBC Investing Club as he talks candidly about the market's biggest headlines, analyst calls and holdings in the Charitable Trust—and see up close how The Club decides when, and if, to take action on stocks.
Persons: Jeff Marks Organizations: CNBC, Club, Trust
Read previewRussia is tapping China to build long-range attack drones for use in its war against Ukraine, Reuters reported. The report stated that Russia had created a secret weapons program in China, citing documents as well as two unnamed sources from a European intelligence agency. AdvertisementBut prior to the Reuters report, it was thought that China stopped short of transferring entire weapons systems to Russia. "Let's be absolutely clear about it: China does not want Russia to lose this war," Nixey said. AdvertisementThe war, he said, "is a symbol and a forebear of Western ability, Western spine, Western political will to defend the rules-based international order."
Persons: , IEMZ, Kupol, G3s, James Nixey, shouldn't, Nixey, Kurt Campbell, Sari Arho Havrén, NATO's, Farah Dakhlallah, Dakhlallah Organizations: Service, Ukraine, Reuters, Business, Russian Ministry of Defence, US, Royal United Services Institute Locations: Russia, China, Russia's, Ukraine, Russian, Izhevsk, Eurasia, Brussels, Europe
Mark Zuckerberg's Meta Connect keynote impressed Wall Street, boosting Meta's stock on Wednesday. Zuckerberg unveiled new Meta Quest headsets, AI features, and Orion holographic glasses. AdvertisementMeta CEO Mark Zuckerberg needed less than an hour to wow Wall Street. He took the stage at Meta Connect in a T-shirt dedicated to himself and delivered a keynote that Wall Street seems to be responding well to. Zuckerberg introduced a new lineup of Meta Quest headsets, some impressive AI features coming to the company's smart glasses, and gave the public a glimpse of the highly anticipated Orion holographic glasses.
Persons: Mark Zuckerberg's, Wall, Zuckerberg, , Mark Zuckerberg, Dan Ives Organizations: Mark Zuckerberg's Meta, Service, Meta, Wedbush Securities, Business
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Altman could reportedly receive a 7% equity stake, which would be worth about $10.5 billion at OpenAI's new valuation. In March, The New York Times reported Murati raised concerns about Altman's leadership style to the board before the ouster. Barret Zoph, the company's vice president of research, and Bob McGrew, OpenAI's chief research officer, are also departing the startup, Altman announced on X . "I obviously won't pretend it's natural for this one to be so abrupt, but we are not a normal company," Altman wrote.
Persons: , Sam Altman, Altman, Mira Murati, Slack, Murati, Barret Zoph, Bob McGrew, Joel Saget, Jenny Chang, Rodriguez, Meta —, it's, Elon Musk's, OpenAI Organizations: Service, Business, Employees, The New York Times, Lakshmi, OpenAI's, Meta, Reuters, Anthropic Locations: OpenAI, Lakshmi Varanasi
Read previewVice President Kamala Harris has made a number of promises as part of her proposed domestic agenda. That's left Democrats with little choice than to go on offense and try to beat Sen. Ted Cruz in Texas and Sen. Rick Scott in Florida. Cruz and Scott we will crystallize the case against them," Peters said. In Texas, Cruz faces Democratic Rep. Colin Allred, who was recently endorsed by former Republican Rep. Liz Cheney. A source close to Scott signaled that the Florida senator isn't sweating it, telling Business Insider that "if national Democrats decide to spend in Florida, Rick Scott will spend more."
Persons: , Kamala Harris, Harris, She's, Donald Trump, Sen, Joe Manchin's, Tim Walz, Sherrod Brown, Jon Tester, Montana . Brown, Tester, Tim Sheehy, That's, Ted Cruz, Rick Scott, Gary Peters of, Cruz, Scott, Peters, Colin Allred, Liz Cheney, Scott's, Debbie Mucarsel, Powell, Allred Organizations: Service, Business, Senate, Gov, Republican, Democratic Senatorial, Gary Peters of Michigan, Sens, Democratic, Republicans Locations: Ohio, Montana ., Texas, Florida, In Texas, In Florida, New York, California
Oil prices were little changed on Thursday after falling in the previous session as signs of higher fuel demand and falling stockpiles in the U.S., the world's biggest oil user, offset concerns over demand elsewhere, particularly in China. Oil prices were little changed on Thursday after falling in the previous session as signs of higher fuel demand and falling stockpiles in the U.S., the world's biggest oil user, offset concerns over demand elsewhere, particularly in China. Oil prices slumped over 2% on Wednesday as worries over supply disruptions in Libya eased and demand concerns continued despite China's latest stimulus plans. Oil prices initially rose following the stimulus announcement from the world's biggest oil importer. "Any revival in Libyan production would return to a market that is already beset by concerns of weak demand in the U.S. and China," ANZ Research said.
Organizations: Brent, U.S, West Texas, ANZ Research, Energy Information Administration Locations: U.S, China, Libya, United States
Read previewSam Altman might be facing upheaval at OpenAI, but that isn't stopping him from discussing his grand plans for the company's next stage. 'Better everything'"The two trends I'm most excited about for the next couple of decades are abundant intelligence and abundant energy," Altman told the audience. The growth, the increase in quality of life we can have in the world — better sustainability, better education, better healthcare, better everything," he added. AdvertisementIt's not the first time Altman has talked up the glorious future that AI — and by extension, OpenAI — may usher in. AdvertisementAltman has previously called for massive investment in AI infrastructure, warning that making AI technology widespread would require "lots of energy and chips."
Persons: , Sam Altman, Altman, Mira Murati, Murati, John Elkann, cofounders Ilya Sutskever, John Schulman, Elon Musk, OpenAI, Altman's Organizations: Service, Italian Tech, Business, Google, Elon, Bloomberg, Energy Locations: OpenAI, Italy
Kirill Kudryavtsev | Afp | Getty ImagesEuropean banking's latest takeover battle is widely regarded as a potential turning point for the region — particularly the bloc's incomplete banking union. Whatever the outcome of UniCredit's swoop on Commerzbank, Marsh said the episode marks "another huge test" for German Chancellor Olaf Scholz. What is Europe's banking union? OMFIF's Marsh said Germany's opposition to UniCredit's move on Commerzbank means Berlin "now stands accused of favouring European banking integration only on its own terms." The logo of German bank Commerzbank seen on a branch office near The Commerzbank Tower in Frankfurt.
Persons: Kirill Kudryavtsev, Italy's UniCredit, David Marsh, Marsh, Olaf Scholz, Scholz, , Germany's Scholz, OMFIF's Marsh, UniCredit's, Daniel Roland, Onur Genç, Mario Centeno, CNBC's, , Centeno Organizations: European Central Bank, Afp, Getty, London, European Union, CNBC, BBVA, Banco Sabadell, Reuters, European Central Bank's Governing, EU Locations: Frankfurt, Germany, Germany's, Milan, Europe, Commerzbank, Italy, Berlin, Spanish, Brussels, Spain
Iwao Hakamada was acquitted after 46 years on death row for a 1968 quadruple murder. Hakamada was the longest-serving inmate on death row of any prisoner worldwide. Go to newsletter preferences Thanks for signing up! AdvertisementAn 88-year-old man has been acquitted of multiple murders in Japan after spending 46 years on death row — most of them in solitary confinement. Iwao Hakamada, the world's longest-serving death row inmate, was found guilty in 1968 of murdering his boss, his boss's wife, and their two children and setting fire to their home.
Persons: Iwao Hakamada, Hakamada, Organizations: Service, Business Locations: Japan
Read previewVice President Kamala Harris wants to make it easier to get a job without a college degree if she wins the election. "Eliminate degree requirements while increasing skills development for half a million federal jobs. AdvertisementThis proposal comes at a time when a growing number of Americans are questioning the value of a college degree. Larry Hogan announced the state would be opening up thousands of jobs to workers without degrees, and Utah's Gov. Spencer Cox dropped college degree requirements from 98% of the state's jobs that same year.
Persons: , Kamala Harris, Harris, Joe Biden, Trump, It's, Larry Hogan, Spencer Cox, Pell Grant, Biden's, Zers —, LeLaina Wakeham Organizations: Service, Business, Maryland Gov, Utah's, Biden, Higher Locations: Pittsburgh
Read preview50 Cent is developing a documentary for Netflix about the sexual assault allegations against Sean "Diddy" Combs. 50 Cent and the director said they wanted to give 'voice to the voiceless'50 Cent is working on a documentary about Sean "Diddy" Combs. "While the allegations are disturbing, we urge all to remember that Sean Combs' story is not the full story of hip-hop and its culture. On March 25, 50 Cent tweeted: "Now it's not Diddy do it, it's Diddy done." GLG🚦GreenLightGang you know the vibes • https://t.co/jnbpt4Vpb3 pic.twitter.com/2lGlCsyykc — 50cent (@50cent) March 26, 2024
Persons: , Sean, Diddy, Combs, Casandra Ventura, Curtis Jackson, Mark Curry, 🚨, ackson, erving, oiceless, ike Organizations: Service, Netflix, Homeland Security, Business, Forbes, Bad Boy Records, ust Locations: Ventura, uman
The Peter Grant mansion, known as Canada's largest home, has been abandoned for over a decade. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Once owned by Grant Forest Products magnate Peter Grant, the Peter Grant mansion in Haileybury, Ontario, Canada, is believed to be the largest house in the country.
Persons: Peter Grant, Organizations: Service, Grant Forest Products, Business Locations: Lake Temiskaming, Ontario, Texas, Haileybury , Ontario, Canada
For long term investors we continue to believe they have the best enterprise AI platform and retain our 18-month $500 price target." Truist initiates First Solar as buy Truist said the solar company has a wide moat. " Deutsche Bank reiterates Tesla as buy The firm said it's sticking with its buy rating heading into the company's delivery report in October. UBS reiterates Micron as buy UBS said it's sticking with the stock following earnings on Wednesday. "We are taking the opportunity to reaffirm our positive view on DKNG and up our year-end 2025 price target to $54."
Persons: Goldman Sachs, Goldman, Morgan Stanley downgrades, Morgan Stanley, Oppenheimer, Truist, Tesla, Jefferies downgrades Hershey, Jefferies, it's, Orion, Bernstein, NYCB, Morgan Stanley downgrades Sonos, there's, JPMorgan, Ralph Lauren Organizations: UBS, GE Healthcare, Entertainment, Tencent, Microsoft, Inc, Deutsche Bank, Hershey, Susquehanna, Nvidia, NVIDIA, Nike, Deutsche, Apple, Barclays, Community Bank, Micron, MU, " Bank of America, Meta, Bank of America, SONO, UW, GE Vernova, GE, RL Locations: China
The internet's newest celebrity, Moo Deng, is winning hearts and sparking makeup trends. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe internet's newest sweetheart — the baby pygmy hippopotamus Moo Deng from Thailand — is sparking a new makeup trend on social media. Moo Deng has become a social media sensation in its short two-and-a-half months of existence.
Persons: Moo Deng, , Deng Organizations: Service Locations: Thailand, Khao Kheow, Bangkok
David Tepper is growing even more bullish on Chinese stocks amid the nation's new fiscal stimulus measures. Tepper views China's stock market as more attractive than the US stock market due to valuation differences. AdvertisementIt's a buy "everything" moment for Chinese stocks after the country launched a fiscal stimulus bazooka this week, according to billionaire investor David Tepper. But Tepper believes Chinese stocks have plenty of room to run higher, even after the recent surges. On US markets, Tepper said he is not following his buy "everything" mantra with Chinese stocks and is being more selective in buying US stocks.
Persons: David Tepper, Tepper, , Pan Gongsheng, Donald Trump, he's Organizations: Service, CNBC, Fed, Federal, People's Bank of China, PDD Holdings, Tencent Holdings, Management, Wynn Resorts, Vegas Sands, Baidu, China Internet Locations: China, Vegas
Leaders recommend preparing for an IPO well in advance and tailoring the process to a company's needs. Reddit recently made its successful debut on the public market, pricing its shares at the top of the expected valuation range. Business Insider's virtual event "The Road to IPO," in collaboration with Fidelity, brought together a panel to discuss the key preparations, concerns, and decision-making strategies for business leaders looking to go public. "It gave us a chance to really think to practice being a public company without actually being one." Before and after going public, Rose said, the company has valued transparency with its employees.
Persons: , Jesse Rose, Reddit's, Goldman Sachs, Watkins, Akin Oyedele, Elizabeth Reed, Rose, Reddit, Kristen Craft, Rick Kline, Latham, Spiegelberg Organizations: Fidelity, Service, Business, Reddit, Brunswick Group, Latham, Fidelity Private, Watkins, Bay Area
Read previewAlex Jones' conspiracy theory empire Infowars will be sold off for parts to pay off a fraction of his massive court judgments — but it likely won't be the end of the far-right commentator. In a court hearing on Tuesday, a Texas bankruptcy judge announced that he will approve the auctioning off of Infowars' parent company, Free Speech Systems, which Jones fully owns, according to The Associated Press. The auction is a result of Jones agreeing in June to liquidate his assets after both he and Free Speech Systems filed separately for bankruptcy in 2022. Advertisement"It's very cut and dry that the assets of Free Speech Systems, the website, the equipment, the shopping cart, all that, can be sold," Jones said. The bankruptcy trustee overseeing Jones' assets said in court this week that some potential buyers have already expressed interest in getting a piece of Free Speech Systems, NPR reported.
Persons: , Alex Jones, Jones, Sandy Hook, CNN —, he'd, it's, Infowars Organizations: Service, Free Speech Systems, Associated Press, Business, ThreeSixty, Speech Systems, CNN, NPR Locations: Texas, Sandy
Why oil prices have plunged 3% today
  + stars: | 2024-09-26 | by ( Filip De Mott | ) www.businessinsider.com   time to read: +3 min
Saudi Arabia is committed to boosting oil output in December, the FT reported. The kingdom is resigning itself to a period a lower prices, sources told the FT.Oil markets spiraled on the news, falling as much as 4% on Thursday. AdvertisementA report that Saudi Arabia would ditch its unofficial crude price target sent crude oil prices sharply lower on Thursday. In essence, the kingdom is giving in to lower prices, FT sources said. The eastern-based faction has committed to reopening the country's oil fields in response, a move that could bring more crude output back online.
Persons: , Brent Organizations: FT ., Service, Financial Times, West Texas Intermediate, Saudi, Bloomberg Locations: Saudi Arabia, Riyadh, Iraq, Kazakhstan, China, Libya
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