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☆ A 1954 Mercedes worth up to $70 million will be among legendary racing cars up for sale soon
▼ + stars: | 2024-08-13 | by ( Jack Guy | ) edition.cnn.com time to read: +4 min

CNN —A 1954 Mercedes-Benz W196 Streamliner valued between $50-70 million is among the historic cars set to be sold by the Indianapolis Motor Speedway Museum. “These vehicles will be some of the world’s most significant cars ever sold,” Gord Duff, global head of auctions at RM Sotheby’s, said in the statement. The cars will be sold at different events late this year and in 2025, according to the statement. In 2022, a very rare 1955 Mercedes-Benz SLR coupe that had been kept in the German automaker’s collection was sold to a private buyer for €135 million ($142 million at the time). “The Ferrari 250 GTO is the motoring market’s equivalent of Van Gogh’s ‘Sunflowers’ and a talisman for any top-end collection,” he said.

Persons: Mercedes, Juan Manuel Fangio, Stirling Moss, Fangio, Moss, Ferrari 250LM, Ferrari, Ford GT40, ” Gord Duff, Joe Hale, “, Laurin, Mercedes Brookland, Craig Breedlove, Lee, David MacNeil, James Knight, Van, ” Organizations: CNN, Benz, Indianapolis Motor Speedway Museum, Chief, Sotheby’s, Prix, Le, Sotheby's, Chevrolet Corvette SS, XP64, Ford, Indianapolis, Indianapolis Motor, Indianapolis Motor Speedway, Le Mans, IMS, Klement, Ferrari Locations: Buenos Aires, Argentina, Monza

☆ 'AI shopping list': Morgan Stanley names its top global picks to play the AI theme
▼ + stars: | 2024-08-13 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +4 min

The buzz around artificial intelligence may have quietened after a volatile week for some of the sector's biggest names, but Morgan Stanley continues to see promise in a raft of European stocks. Morgan Stanley's "European AI shopping list" includes names ranging from semiconductor equipment and data center plays to software and healthcare companies. Morgan Stanley has a target price of 1,000 euros ($1,092) on the stock, giving it over 27.5% potential upside. Segro Morgan Stanley describes British REIT Segro as the "landlord of Europe's largest cluster of data centers." Morgan Stanley has a target price of 224 euros on the stock, giving it around 18.3% upside potential.

Persons: Morgan Stanley, Morgan Stanley's, ASML Morgan Stanley, Lee Simpson, ASML's, Simpson, Segro Morgan Stanley, Segro, Bart Gysens, SAP Morgan Stanley, Adam Wood, Merck KGaA, Morgan, Thibault Boutherin, Boutherin, — CNBC's Michael Bloom Organizations: Apple, Euronext, Nasdaq, London Stock Exchange, Euronext Paris, American Depository, SAP, Frankfurt Stock Exchange, New York Stock Exchange, Merck, EMD Group, Canada, Merck KGaA's Electronics Locations: Europe, TSMC, Euronext Amsterdam, U.S, United States, Frankfurt

☆ Four Women Share Their Experiences Working in the Sex Trade - The New York Times
▼ + stars: | 2024-08-13 | by ( John Robert Lee | ) www.nytimes.com time to read: +1 min

Through a local organization, we connected with an outreach worker who supports vulnerable women. She was an essential link in making this film; her trust and love in the community made it possible for the women to open up to us. To ensure the women felt comfortable sharing their often ignored stories without fear of judgment or compromised privacy, we chose to incorporate animation. Her distinctive, stream-of-consciousness animation conveys the nuanced emotions and inner worlds of the women. We hope it fosters greater empathy and insight into lives that deserve to be understood and valued.

Persons: Ola Szmida Locations: Wales

☆ In the Race for San Francisco Mayor, Chinese Voters Take Center Stage
▼ + stars: | 2024-08-13 | by ( Amy Qin | ) www.nytimes.com time to read: +1 min

The contenders for San Francisco mayor are perfecting the pronunciation of their names in Cantonese. They are scrambling to recruit the best Chinese-speaking volunteers, in what one campaign manager described as a bona fide “arms race.”And they are grabbing any opportunity to meet with Chinese American voters in the city. “Now they almost never turn down an invitation to come, and they stay for the whole event,” Mr. Lee said with a chuckle. “They know that the Chinese vote is quite powerful now.”Nationally, Asian American voters often have to fight for attention because their numbers are still considered too few in most states for campaigns to invest heavily in outreach. But in San Francisco, where people of Chinese descent comprise more than one-fifth of the population, mayoral candidates believe that Chinese voters could decide the outcome in November.

Persons: Ding Lee, Mr, Lee, “ Organizations: San Francisco, Chinese Consolidated Benevolent Association Locations: Chinatown, San Francisco

☆ The international fight over a US gymnast's bronze medal is getting messy
▼ + stars: | 2024-08-13 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +5 min

Read previewA contentious judging decision and messy appeals process has roiled women's gymnastics — and spiraled into an international argument for Olympic bronze between the US and Romania. It kicked the final decision to the International Olympic Committee, which ordered Chiles to return her bronze medal. On Sunday, USA Gymnastics said it had video evidence — which it hadn't previously submitted — which proved Landi's inquiry was made within 47 seconds. USA Gymnastics vowed Monday to "continue to pursue every possible avenue and appeal process, including to the Swiss Federal Tribunal." USA Gymnastics declined to comment beyond the statements on its website.

Persons: —, Jordan Chiles, Ana Bărbosu, Chiles, Chiles should've, who'd, she'd, Cecile Landi, Simone Biles, Sabrina Maneca, didn't, Bărbosu, Tim Clayton, hadn't, Jordan, Biles, Suni Lee, Lee, Jo, Sabrina Organizations: Service, Business, Romanian, Romanian Gymnastics Federation, Sport, Gymnastics Federation, International Olympic Committee, Olympic, Paralympic, CNN, USA, Swiss Locations: Romania, Romanian, Paris, USA, Swiss, Jordan

☆ How Harris is reversing Biden’s biggest weakness in the campaign
▼ + stars: | 2024-08-13 | by ( Ronald Brownstein | ) edition.cnn.com time to read: +16 min

Trump’s plan for blunting Harris’ momentum, some Democrats believe, could reprise elements of the 1988 presidential campaign that George H.W. “I think the Harris campaign has to be prepared for it.”The two sides are already hotly contesting the terrain of strength. Celinda Lake, a Democratic pollster who conducted surveys for Biden’s 2020 campaign, said his strength deficit to Trump had become a nearly insurmountable obstacle for his 2024 campaign. The surveys have also found a huge gender gap in the assessments of whether Harris and Trump are strong. Most important, voters have reached these initial assessments of Harris’ strength before Republicans have really begun their campaign to portray her as weak.

Persons: CNN — Kamala Harris, Donald Trump, Joe Biden, –, Harris, Trump, ”, Democratic pollster Evan Roth Smith, “ Kamala Harris, …, it’s, blunting Harris, George H.W, George H.W . Bush, Lee Atwater, Michael Dukakis, Tad Devine, Dukakis, “, She’ll, ” Trump, ” Harris, Kamala Harris, Biden —, Biden, Nancy Pelosi, Nikki Haley, Marquette, “ Trump, Whit Ayres, Ayres, Harris blunts, ” Lake, “ Joe Biden, White, she’ll, MAGA, Devine, Republicans pilloried Dukakis, Willie Horton, Horton, Bush, ” Devine, ” Ayres, won’t, Roth Smith, ’, Hulk Hogan, Kid Rock, Dana White Organizations: CNN, White, Voters, Democratic, Massachusetts Gov, Trump, Fox News, Marquette Law School, Biden, Marquette Poll, CBS, New York Times, Gallup, Republican, Siena, Republicans, MAGA Inc, Politico, ”, Fighting Locations: George H.W ., Marquette, Siena, Michigan , Pennsylvania, Wisconsin, Celinda, Massachusetts, San Francisco, California, “ San Francisco

☆ Glorious farewell to the Paris Olympics and the U.S. rushes firepower to the Middle East: Morning Rundown
▼ + stars: | 2024-08-12 | by ( Elizabeth Both | Elizabeth Both Is An Associate Platforms Editor For Nbc News | Based In New York. | ) www.nbcnews.com time to read: +9 min

A spectacular closing ceremony hands the Olympic Games over to Los Angeles. And a false JD Vance rumor sparks a misinformation row. A glorious farewell to Paris OlympicsGetty ImagesAu revoir to the Paris Games. Kamala Harris pledged to eliminate taxes on tipped wages for service workers, matching a proposal from former President Donald Trump. Politics in BriefTrump campaign: Former President Donald Trump’s campaign has said it was hacked by an Iranian group.

Persons: Vance, Katie Ledecky, Nick Mead, Tom Cruise, Ledecky, Simone Biles, Suni Lee, dazzled, ” Sha’Carri Richardson, Noah Lyles, Guy ” Stephen Nedoroscik, Yusuf Dikeç, Read, JD, Vic e, tol, stu, ord, ami, Flo, bui, Ken Bak, roa Organizations: Olympic Games, Paris, Paris Games, Stade de France, Team USA, U.S, acc, Uni, NBC Locations: Los Angeles, The U.S, American, U.S, Turkish

☆ Watch Monday's full episode of Fast Money — August 12, 2024
▼ + stars: | 2024-08-12 | 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 EmailWatch Monday's full episode of Fast Money — August 12, 2024"Fast Money" is America's post-market show. Hosted by Melissa Lee and a roundtable of top traders, "Fast Money" breaks through the noise of the day, to bring you the actionable news that matters most to investors.

Persons: Melissa Lee

☆ U.S. and China fight to 40-40 draw for most Olympic gold medals
▼ + stars: | 2024-08-12 | by ( David K. Li | Sean Nevin | ) www.cnbc.com time to read: +4 min

Cameron Spencer | Getty ImagesThe U.S. and China each won 40 gold medals in the first Summer Games draw in Olympic history, with the Americans pulling into a tie Sunday with victory in the last event, women's basketball. China's Li Wenwen won gold in women's heavyweight weightlifting in what could have been a death knell for American hopes to capture overall gold. U.S. hopes were dimmed further when Chicago native Kennedy Blades, who made a surprising run to the gold medal wrestling match, lost to 76-kg rival Yuka Kagami of Japan. Gold medalist Simone Biles of Team USA poses during the artistic gymnastics women's all-around final medal ceremony on Aug. 1. Patrick Smith | Getty Images Sport | Getty Images

Persons: Cameron Spencer, China's Li Wenwen, Yuka Kagami, Jennifer Valente, Noah Lyles, Breanna Stewart, Cheryl Reeve wryly, hasn't, Simone Biles, Tom Weller, voigt, Anastasiia Kirpichnikova, Katie Ledecky, Isabel Gose, Quinn Rooney, Lee Kiefer, Lauren Scruggs, Eleanor Harvey of Canada, Patrick Smith Organizations: Eiffel, Rings, Olympic Games, Getty, U.S, France, China, Chicago, Kennedy Blades, Team USA, USA, WNBA, didn't, Summer, " Unified, Soviet, Games Locations: Paris, France, China, U.S, Japan, Italy, San Diego, Beijing, Norway, Germany, Soviet Union, Barcelona, Tokyo, Rio, London

☆ Harvard grad and Olympic gold medalist: The top 3 lessons I've learned about resilience and success
▼ + stars: | 2024-08-12 | by ( Angela Ruggiero | ) www.cnbc.com time to read: +3 min

I grew up in Southern California in the 80s and 90s, where my dad introduced my brother, my sister and me to the surprisingly big ice hockey scene there. I went on to be a member of the U.S. Women's Hockey team in 1998, 2002, 2006 and 2010. Watching them, I've thought a lot about what it was like to come back from my own critical injury. With both injuries, I had to go to physical therapy in order to return to hockey. I learned to be emotionally resilientI don't think my trajectory, in sports and in business, would have been possible without the lessons I learned from my physical therapy.

Persons: Simone Biles, Suni Lee, I've Organizations: International Olympic, Athletes ', IOC, Women's Hockey, Harvard, University of Minnesota Locations: Southern California, Paris, U.S, Tokyo

☆ Los Angeles 2028 Olympic Games: What can we expect?
▼ + stars: | 2024-08-12 | by ( Issy Ronald | ) edition.cnn.com time to read: +7 min

CNN —The Paris Games are over, the Olympic flame that hung suspended in a cauldron above the Jardins de Tuileries extinguished, and the Olympic flag handed over to Los Angeles for the 2028 Games. Now only a mere 1,432 days away, the LA Olympics begins on July 14, 2028 with its opening ceremony and will run until July 30. So, what can we expect from the Los Angeles Olympic Games in four years’ time? Los Angeles has already hosted two Olympics, in 1932 and 1984, leaving enough infrastructure in place that there won’t be any new permanent venues built for 2028, and athletes will be housed at the University of California, Los Angeles (UCLA), instead of a purpose-built Olympic Village. Although it isn’t yet clear exactly where each and every sport will take place in Los Angeles, organizers have already announced some of their biggest venues.

Persons: Tom Cruise, Billie Eilish, Snoop Dogg, Peppers, Kirby Lee, Karen Bass, ” Bass, CNN’s Amara Walker, “ We’ve, we’re, Ueno, Koji Watanabe, Thomas Bach, Louis, Raygun, hasn't, Elsa, Kim Raisner Organizations: CNN, Paris, Olympic, Hollywood, Stade de France, LA, Paralympic Games, Los Angeles Olympic Games, University of California, UCLA, LA Lakers, LA Sparks, Olympics, Los Angeles Memorial, Getty, NFL, Belmont Shore, Whitewater Center, Softball Park, Games, Olympic Movement, Cricket, Paris Olympics, St, Baseball, International Boxing Association, IOC Locations: Los Angeles, Oklahoma City, Exposition, Inglewood, Long, Long Beach . Oklahoma, Angeles, United States, LA, Japan, Tokyo, Paris

After tearing into each other in the past, the world's richest person and Republican presidential nominee have become close political allies. December 2016: Musk appointed to Trump's advisory councilsDonald Trump on Tuesday escalated his feud with Elon Musk in a series of Truth Social posts belittling the billionaire. May 2022: Musk said he would reinstate Trump's Twitter accountTesla CEO Elon Musk. "You know [Musk] said the other day 'Oh, I've never voted for a Republican,'" Trump said during a Saturday rally in Anchorage, Alaska. AdvertisementJuly 2022: Musk says Trump shouldn't run againElon Musk.

Persons: —, Elon, Donald Trump, Trump, Musk, Yasin Ozturk, Hillary, Elon Musk, Evan Vucci, Uber, Travis Kalanick, flack, Alex Brandon, Musk's, Tesla, Justin Sullivan, He's, Thomas Edison, Jonathan Ernst, Chris Saucedo, unban Trump, Patrick T, Fallon, I've, Alexi Rosenfeld, getty, Seth Herald, Twitter, Ron DeSantis, DeSantis, David Sachs, John Moore, Joe Biden, Ohio Sen, JD Vance, Vance, MAGA, Biden, Kamala Harris, Harris Organizations: Service, Trump, Twitter, Business, CNBC, Elon, White, SpaceX, Donald Trump AP, America, Ford, General Motors, NASA's Kennedy Space Center, REUTERS, SXSW, Financial Times, US, Getty, Republican, and Freedom Coalition, White House, Radical Left, Florida Gov, The New York Times, GOP, Times, Republican National Convention, Ohio, Wall Street, Democratic Locations: United States, Paris, Anchorage , Alaska, California, Cape Canaveral , Florida, U.S, Nashville , Tennessee, Musks, Silicon Valley, Mexico, Eagle Pass , Texas, Eagle, , Texas, Washington, Ukraine, Lago, Harris

☆ A US Navy carrier strike group equipped with F-35 stealth fighters is rushing to the Middle East along with a submarine packed with Tomahawk missiles
▼ + stars: | 2024-08-12 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Read previewThe US is accelerating the deployment of a carrier strike group to the Middle East and sending a guided-missile submarine to the region, the Pentagon announced late on Sunday. Attached to the Lincoln, the lead ship of the US Navy's Carrier Strike Group 3, is a carrier air wing equipped with a squadron of fifth-generation F-35C stealth fighters. The aircraft carrier USS Abraham Lincoln maneuvers through a turn while underway in the US 5th Fleet area of responsibility. The Ohio-class guided-missile submarine USS Georgia returns to its homeport at Naval Submarine Base Kings Bay, Georgia. Both Iran and Hamas vowed revenge for the shocking killings, which sparked fears that any retaliation from Tehran and its proxies could send the Middle East spiraling into even more conflict.

Persons: —, Defense Lloyd Austin, Abraham Lincoln, Austin, Lincoln, Pat Ryder, Theodore Roosevelt Carrier, . Lee Apsley, Yoav Gallant, Ashley Berumen, Israel Organizations: Service, Pentagon, Sunday, Defense, Abraham Lincoln Carrier Strike Group, Business, Pentagon Press, US Navy's Carrier, Theodore Roosevelt Carrier Strike, Fleet, Navy, US, Command, Israeli, Naval Submarine Base, US Navy, Mass, Lincoln, Raptors Locations: Israel, Iran, Pacific, East, Lincoln, Gulf, Oman, Georgia, an Ohio, Austin, United States, Ohio, Bay , Georgia, Lebanon, Tehran

☆ Hurricane Cleanup Effort Reaps ‘Treasure’: A 1945 Letter in a Bottle
▼ + stars: | 2024-08-12 | by ( Jesus Jiménez | ) www.nytimes.com time to read: 1 min

A letter written in 1945 from a naval base in Virginia wound up in a glass bottle more than 800 miles away in Florida, where it was found last week — nearly eight decades later — after Hurricane Debby swept a swath of the state. The letter was addressed to someone named Lee from someone named Chris. But it was Suzanne Flament-Smith, 46, of Tampa, Fla., who found it on Wednesday. By then, the storm had passed Florida, leaving a trail of debris in its path. “There was so much trash,” she said, “water bottles, sunscreen bottles, Crocs, a lot of random articles, too.”

Persons: —, Debby, Lee, Chris, Suzanne Flament, Smith, Flament, ” Locations: Virginia, Florida, Tampa, Fla, Safety Harbor

☆ Miley Cyrus becomes youngest Disney Legend: ‘Proud to have been Hannah Montana’
▼ + stars: | 2024-08-12 | by ( Lisa Respers France | ) edition.cnn.com time to read: +2 min

The singer who rose to fame on “Hannah Montana” is now the youngest person to be named a Disney Legend. To quote the legend herself, ‘This is the life.’ “Cyrus was among 14 artists honored as Disney Legends this year. The Walt Disney Company“The Disney Legends Award is the highest honor our company bestows,” Disney Chief Executive Officer Bob Iger told the crowd at the event. Disney Legends are bound by the special place they have earned in our history for their tremendous contributions in service of entertaining and delighting fans around the globe.”Congratulations to the iconic Harrison Ford on his Disney Legends Award! 🌟🎉 #D23 pic.twitter.com/ShFZ8jeRYb — Disney D23 (@DisneyD23) August 12, 2024Iger presented Ford, who he described as a “true Disney Legend and a dear friend,” with his award.

Persons: Miley Cyrus, Hannah Montana ”, Cyrus, “, ” Cyrus, Hannah Montana, Hannah, ’ “ Cyrus, Angela Bassett, Jamie Lee Curtis, James L, Brooks, James Cameron, Harrison Ford, Frank Oz, Kelly Ripa, Oscar, John Williams, Disney, Colleen Atwood, Martha Blanding, Steve Ditko, Mark Henn, Joe Rohde, Ryan Seacrest, ”, Bob Iger, “ It’s Organizations: CNN, Disney, Walt Disney Company, ” Disney Locations: ”

☆ Democrats in competitive House races want Harris’ momentum without running toward her
▼ + stars: | 2024-08-12 | by ( Annie Grayer | ) edition.cnn.com time to read: +12 min

In conversations with nearly a dozen Democratic lawmakers and candidates running in competitive races across the country, a common theme emerged. Tim Walz, Democrats have felt a tangible bump of energy in their districts, through spikes in volunteers, donations and event turnout. Rep. Chris Deluzio, who supports Harris, told CNN he was glad to see that she has moved away from her previous position on fracking. The Republican campaign arm has seized on some of her past positions from his first presidential run, including fracking, as they’ve attempted to develop a strategy to target Democrats in tough races. Brendan Smialowski/AFP/Getty ImagesWalz serves ‘meat-and-potatoes’ politicsIn selecting Walz, the Harris campaign provided many down ballot Democrats running in competitive races with a welcomed partner.

Persons: Susie Lee of, Lee, Kamala Harris, ” Lee, Harris, “, Tim Walz, Kirsten Engel, Caitlin O'Hara, ” Engel, Trump, Biden, ”, Joe Biden, Chris Deluzio, “ I’m, hasn’t, Rudy Salas, David Valadao, Irfan Khan, Will Rollins, Ken Calvert of, Rollins, Harris ’, ” Rollins, “ It’s, Brendan Smialowski, Getty Images Walz, Walz, Ann Kuster, ” Kuster, Tim, Vicente Gonzalez, Donald Trump’s, Ohio Sen, JD Vance, Biden’s, Jahana Hayes, Hayes, Sue Altman, Thomas Kean Jr, ” Altman, wasn’t, Rosa Parks, Martin Luther King Jr, “ We’ve Organizations: CNN — Democratic, Democratic, CNN, Representatives, Nevada Democrat, Minnesota Gov, Bloomberg, Getty, Republican, Democrat, Republican US, Los Angeles Times, GOP, Getty Images, Minnesota, Republicans, ”, Vicente Gonzalez of Texas, Ohio, Army National Guard, Democratic Rep, Trump, Democratic House Locations: Susie Lee of Nevada, Nevada, Arizona, Phoenix , Arizona, Lee, Mexico, Pennsylvania, Bakersfield , California, Harris, California, Salinas, Ken Calvert of California, University's, Philadelphia , Pennsylvania, AFP, ‘, New Hampshire, Vicente Gonzalez of, Iraq, Jahana Hayes of Connecticut, New Jersey, Alabama, Montgomery

☆ Los Angeles, Next Up for Summer Olympics, Hopes to Turn a Profit
▼ + stars: | 2024-08-12 | by ( Kurtis Lee | ) www.nytimes.com time to read: 1 min

Los Angeles is already looking ahead. The projects are funded through a mix of federal and city dollars as well as airport fees. And there will also be the tourist dollars spent while the Games take place. The city sees the Olympics as a revenue producer, not an expense. In 2019, two years after Los Angeles was awarded the Games, Eric Garcetti, then the mayor, said he expected the city to turn a $1 billion profit.

Persons: Angeles, Eric Garcetti Locations: Paris, Los Angeles

☆ The startup landscape for deals is drastically changing
▼ + stars: | 2024-08-12 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at how the startup landscape is drastically changing thanks to the entrance of private-equity firms and the rise of acquihires . Private equity is filling the gap left by a frozen IPO market and corporates unwilling or unable to cut deals, writes Business Insider's Melia Russell. Perhaps most importantly, a PE deal means equity holders get cash immediately, unlike an IPO that has some holding periods. Acquihires where the brains behind buzzy AI startups sell themselves (instead of the entire company) to bigger players are in vogue, writes BI's Ben Bergman and Sri Muppidi. Depreciation costs to massive GPU chip investments pose a huge risk for AI companies .

Persons: —, You've, Alyssa Powell, Insider's Melia Russell, shivers, Samantha Lee, BI's Ben Bergman, Sri, acquihires, they'll, VCs, it's, Taylor Swift, Tyler Le, Fisker, Zuck, Elon Musk's, Mark Zuckerberg, Jenny Chang, Rodriguez, Biden, Donald Trump, Elon Musk, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Amanda Yen Organizations: Service, Business, SV Getty, Tech, guardrails, Character.AI, Getty, UBS, Mega, Revenue Locations: Europe, New York, London

☆ World beaters: Women athletes ruled the Olympics
▼ + stars: | 2024-08-11 | by ( Raquel Coronell Uribe | Raquel Coronell Uribe Is A Breaking News Reporter. | ) www.nbcnews.com time to read: +4 min

Sarah Stier / Getty Images filePerhaps most impressive is the sheer number of medals won by U.S. women. The country in fourth place, with the closest number of medals to the American women, is Great Britain, with 65 medals. Sixty-seven medals is a record for U.S. women and a record for any country’s women in general, beating the U.S. total of 66 in Tokyo. Biles and Suni Lee went 1-2 on the all-around and became the first two all-around women gold medalists to go head-to-head in an all-around final. The women’s U.S. basketball team won its eighth Olympic gold in a row, earning a shoutout from former President Barack Obama on X.

Persons: Katie Ledecky, Sarah Stier, Jordan Chiles, Simone Biles, Suni Lee, Jamie Squire, Chiles, Lauren Scruggs, Amita Berthier, Al Bello, —, Biles, Rebeca Andrade, Amit Elor, Barack Obama, Imane, Ulrik Pedersen, Imane Khelif, Lin Yu, Angela Carini, Khelif, Carini, Lin, ” Organizations: U.S, USA’s, IOC, United States ’, Games, Olympic Games, Boxing Association, Olympic Locations: Paris, Romania, China, Great Britain, Tokyo, Singapore, United, Algeria, Algerian, Taipei, Russian, New Delhi

PARIS — The United States and China each won 40 gold medals, in the first Summer Games draw in Olympics history, with America pulling into a tie Sunday with victory in the last event, women’s basketball. But then San Diego native and decorated cyclist Jennifer Valente bailed out the United States by defending her gold in the women’s omnium. Gold medalist Noah Lyles of Team United States celebrates on the podium during the Men's 100m medal ceremony at the Olympics in Paris, on Aug. 5, 2024. The United States still came out with the most overall medals, taking home 126 from Paris 2024. The United States hasn’t failed at winning the most medals since 1992 when the “Unified Team,” athletes from the former Soviet Union republics, won 112 medals, 45 gold.

Persons: China’s Li Wenwen, could’ve, Yuka Kagami, Jennifer Valente, Noah Lyles, Cameron Spencer, United States hasn’t, Simone Biles, Jamie Squire, France's Anastasiia, Katie Ledecky, Germany's Isabel Gose, Jonathan Nackstrand, Frenchman Leon Marchand, Summer McIntosh, Lee Kiefer of, Lauren Scruggs, Eleanor Harvey, Patrick Smith, David K, Li, Sean Nevin Organizations: PARIS, America, France, Chicago, Kennedy Blades, Team United, States didn't, United, “ Unified, Soviet, Olympic Games, Bercy Arena, Getty, Paris La Defense, Lee Kiefer of Team United States, Team United States, Team Canada, Grand Palais Locations: United States, China, Japan, Italy, San Diego, Paris, U.S, States, Beijing, Norway, Germany, Soviet Union, Barcelona, Tokyo, Rio, London, Nanterre, AFP, Grand, France, Israel, Ecuador, Kyrgyzstan, Republic of Moldova, Soviet Republic

☆ Jordan Chiles to lose Olympic bronze medal after court overturns score change
▼ + stars: | 2024-08-11 | by ( Zack Pierce | ) www.nytimes.com time to read: +3 min

“The IOC will reallocate the bronze medal to Ana Bǎrbosu (Romania),” the statement said. But her coach, Cecile Landi, submitted an inquiry to challenge the difficulty score Chiles had received. The court agreed, invalidating Chiles’ score, and the International Gymnastics Federation, known as FIG, then announced that it had officially changed the ranking of the competition, putting Chiles back in fifth place. “The inquiry into the Difficulty Value of Jordan Chiles’ floor exercise routine was filed in good faith and, we believed, in accordance with FIG rules to ensure accurate scoring,” the statement said. AdvertisementA few days later, she was in the floor exercise final.

Persons: Jordan Chiles ’, Ana Bǎrbosu, Chiles, Cecile Landi, Sabrina Maneca, Landi, Jordan Chiles, Jordan, ” Chiles, “, ” Simone Biles, Naomi Baker, Simone Biles, Sunisa Lee, Lee, She’s, — Organizations: Paris Games, International Olympic, National Olympic, Sport, International Gymnastics Federation, U.S, Olympic, Paralympic Committee, Disneyland Paris Locations: Romania, Bǎrbosu, ”

☆ When Trump attacks Harris’ racial identity, these Americans say it’s personal
▼ + stars: | 2024-08-11 | by ( Catherine E. Shoichet | ) edition.cnn.com time to read: +12 min

“Is she Indian or is she Black?” Trump said, falsely claiming his political rival for the presidency “happened to turn Black” a few years ago. Webb, Harris and more than 33 million other multiracial Americans are, by some measures, part of the nation’s fastest growing demographic group. And for many of them, former President Donald Trump’s repeated attacks on Harris’ identity feel particularly personal. I don’t say I’m a Black woman. See how that works.”Anthony McDowell shared this photo of his family on Facebook after hearing Trump's recent remarks questioning Harris' racial identity.

Persons: Sean Webb didn’t, Webb, He’s, Donald Trump, Trump, Kamala Harris, ” Trump, ” Webb, “, Harris, ”, Donald Trump’s, Martha S, Jones, who’s, Trump’s, ” Harris, hasn’t, surrogates, JD Vance, didn’t, ” Vance, Michaelah Montgomery, US Sen, Maribel Vance, Stephen Maturen, Amber Rose, Kamala, she’s biracial, Angela Lee, she’s, Lee, ” Angela Lee, Paul, Lizzie, Ayla, Angela Lee Lee, Mindy Kaling, ” Lee, ’, Anthony McDowell, ” McDowell, ” Anthony McDowell, McDowell, we’re, We’ve, they’ve, “ I’m, he’s, it’s, Sean Webb, Harris ’ Organizations: CNN, National Association of Black Journalists, Johns Hopkins University, Republican, GOP, Trump, US, Indian, Facebook, Olympics, Team USA Locations: Denver, Appalachia, United States, Baltimore, Houston, Jamaica, India, Georgia, St Cloud , Minnesota, Indian, California, Pasadena , California, Puerto Rican, Indian American, United Nations, Texas, America

☆ Social media keeps catching Wall Street off guard
▼ + stars: | 2024-08-11 | by ( Laila Maidan | ) www.businessinsider.com time to read: +11 min

In 2015, he created TickerTags, a social media data aggregator that tracks company mentions, and sold it to Jefferies' M Science. To be fair…Speculating and making decisions based on social media trends is a risky wager. Wall Street doesn't always respond to social media trends that could negatively drive fundamentals because there aren't tools to understand the impacts, McKeown noted. In the event a social media trend is mentioned, it's not factored into their valuation model, Ober added. How social media sentiment plays into a thesis should depend on an investor's time horizon.

Persons: It's, Bud Light's, influencer Dylan Mulvaney, BUD, Kirk McKeown, Chris Camillo, Jefferies, Camillo, Bud, didn't, Paul Johnson, Laxman Narasimhan, misperception, Sara Senatore, I've, Senatore, Chipotle, Keith Lee, dollies, Brian Niccol, Goldman Sachs, They're, Matt Ober, they're, I'd, McKeown, it's, Ober Organizations: Service, Business, Anheuser, Busch, Wall Street, Pew Research Center, Molson, TAP, Starbucks, Nicusa Investment, Columbia Business School, of America Locations: Palestine, Gaza, SBUX

☆ Flags banned, signs ripped up: Why you can’t mention Taiwan at the Olympics
▼ + stars: | 2024-08-10 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Smith-Circle-Byline-Template.Jpg | Alexander Smith | ) www.nbcnews.com time to read: +7 min

At Paris 2024, Taiwan’s red and blue flag is banned, as is the name “Taiwan” and its anthem. Security staff confiscated a "Taiwan" towel from a fan during the men's doubles badminton semi-final last week. Taiwan is a self-governing democracy that competes as “Chinese Taipei,” an attempt to participate in the Olympics without angering mainland China. That included the women’s team table tennis quarterfinal between Chinese Taipei and China that NBC News attended Wednesday. “Taiwan Independence, go to die.”“Motherland will retake Taiwan tomorrow, okay?” said another, referring to China.

Persons: Taiwan’s Lee Yang, Wang Chi, Liang Weikeng, Wang Chang, “ Let’s, Arun Sankar, Taiwan ”, Taiwan’s Chou Tien Chen, India’s Lakshya Sen, ”, Ann Wang, “, Xi Jinping, Aytac Unal, Mark Adams, Mao Zedong’s, China’s Wang Manyu, Chien Tung, chuan, Wang Zhao, Chiang, Yu Tsing Lin, Chen Szu, Lee Yang Organizations: PARIS, Security, Getty, Taiwanese Ministry of Foreign Affairs, Olympics, Chinese Foreign Ministry, Games, Olympic, Chinese Communist Party, International Olympic Committee, NBC News, IOC, Anadolu, Nationalist, Mao Zedong’s Communists, Taiwan, Paris Games, Taipei women’s, Weibo, Taipei House Locations: Taiwan, Beijing, Russia, Belarus, Ukraine, Tokyo, Paris, China, Taipei, U.S, Republic of China, Formosa, AFP, London, Taiwan Independence

☆ New data shows the Olympic athletes breaking out on social media, from gymnast Rebeca Andrade to rugby player Ilona Maher
▼ + stars: | 2024-08-10 | by ( Tiara White | ) www.businessinsider.com time to read: +6 min

Her engagement rate was 33.19%. "It wasn't necessarily him posting on social media," said Alex Cacres, US head of marketing at Metricool. People are tuning in to watch athletes who showcase their personalities and are entertaining on social media. Gen Z, in particular, is predominately following the Paris Games on social media, which is driving the greater emphasis on social media coverage compared to past Olympics, Cacres said. "[Social media] has made it so much easier to consume the Olympic content, which I feel wasn't the case back a few years ago," she said.

Persons: —, Rebeca Andrade, aren't, Ilona Maher, who's, Henrik Christiansen, Metricool, Simone Biles, Sunisa Lee, Jordan Chiles, Noah Lyles, Stephen Nedoroscik, Katie Ledecky, Torri Huske, Trinity Rodman, Gretchen Walsh, Lee Kiefer, Nada Hafez, Maher, Biles, Dani Ramirez, Hafez, Huske, Walsh, Andrade, Nedoroscik, Alex Cacres, Christiansen, Cacres, he's Organizations: Service, Games, Business, Paris Games, Sprout Social Locations: Paris, Instagram

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