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☆ Jenny Craig is being revived online
▼ + stars: | 2023-07-05 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Weight loss brand Jenny Craig is getting a second lease on life. Jenny Craig went bust in May after more than 40 years in business because of growing competition from trendy diets and weight loss drugs like Ozempic. One major change is that Jenny Craig’s weight loss centers won’t be reopened, and the company will live entirely online. Jenny Craig was one of the pioneers of weight loss and diet programs. Named after its founder, the Jenny Craig business started when she couldn’t lose weight after giving birth to her second child.

Persons: Jenny Craig, Jenny, Brandon Adcock, Jenny Craig won’t, Jenny Craig’s Organizations: New, New York CNN Locations: New York

☆ Clarence Thomas says he's 'painfully aware the social and economic ravages which have befallen my race' as he rules against affirmative action
▼ + stars: | 2023-06-29 | by ( Sonam Sheth | ) www.businessinsider.com time to read: +2 min

The Supreme Court struck down affirmative action policies at Harvard and UNC. Thomas said he's aware of the obstacles faced by 'my race,' but ruled affirmative action was discriminatory. Thomas declared "the Constitution prevails" in his opinion as the Supreme Court effectively outlawed affirmative action at US colleges and universities. In a 6-3 decision, the high court ruled that policies at Harvard University and the University of North Carolina were unconstitutional. Thomas then wrote affirmative action is also discrimination, calling the policies "rudderless, race-based preferences designed to ensure a particular racial mix in" Harvard and UNC's "entering classes."

Persons: Justice Clarence Thomas, Thomas, he's, —, Clarence Thomas, Brown, Neil Gorsuch, Ketanji Brown Jackson — Organizations: Harvard, UNC, Justice, Service, Supreme, Harvard University, University of North, of Education Locations: Independence, United States, University of North Carolina

☆ She Played Hopscotch With Anne Frank. Her Story Will Live On Too.
▼ + stars: | 2023-06-29 | by ( Elisabeth Egan | ) www.nytimes.com time to read: +2 min

Not long after Hannah Pick-Goslar’s family relocated from Berlin to Amsterdam in 1933, her mother made a friend at the grocery store — a fellow Jewish refugee from Nazi Germany who was accompanied by a dark-eyed girl around Pick-Goslar’s age. “Anne had trouble whistling, so sometimes she’d just hum the tune,” according to Pick-Goslar’s best-selling memoir, “My Friend Anne Frank,” written with Dina Kraft and published on June 6, six days before what would have been the diarist’s 94th birthday. The teenagers last saw each other from opposite sides of a barbed-wire fence at Bergen-Belsen in 1945. “As she began to fade, I wrote of her life,” Kraft explains in an afterword to their book, which is based on hundreds of hours of interviews conducted in person and via Zoom. Hannah being Hannah — the nurse and caregiver and concerned person that she was for her whole life — kept checking up on me, texting, ‘Are you OK?’”

Persons: Hannah Pick, confidantes, “ Anne, “, Anne Frank, ”, Dina Kraft, Frank, she’d, Anne ”, ” Kraft, Kraft, Hannah, Hannah —, — Locations: Berlin, Amsterdam, Nazi Germany, Bergen, Belsen, Pick, Goslar, Switzerland, Tel Aviv, Jerusalem

“The Harvard and UNC admissions programs cannot be reconciled with the guarantees of the Equal Protection Clause. We have never permitted admissions programs to work in that way, and we will not do so today,” Roberts wrote. During oral arguments, Solicitor General Elizabeth Prelogar stressed the unique interests of the military and argued that race-based admissions programs further the nation’s compelling interest of diversity. Steve Vladeck, CNN Supreme Court analyst and professor at the University of Texas School of Law, said the decision will still not end the legal fight over college admissions. The Supreme Court stepped in to consider the case before it was heard by a federal appeals court.

Persons: John Roberts, “, ” Roberts, Clarence Thomas, ”, ” Thomas, Sonia Sotomayor, Elena Kagan, Ketanji Brown Jackson, ” Sotomayor, Sotomayor, Martin Luther King, Jackson, “ ‘, Roberts, Elizabeth Prelogar, ” Jackson, Kevin McCarthy, Republican Sen, Ted Cruz, Donald Trump, ” Trump, Mike Pence, ” Pence, Chuck Schumer, Laura Coates, Steve Vladeck, ” Vladeck, ” Long, SSFA, Loretta C, Biggs, ” Biggs, SFFA, Cameron T, Norris, Harvard “, Prelogar, Lewis F, Powell Jr Organizations: CNN, Harvard, University of North, UNC, Supreme, GOP, Republican, America, Truth, New York Democrat, University of Texas School of Law, Asian, Fair, Court, Middle, Middle District of, University, US, University of California, Bakke Locations: University of North Carolina, Independence, United States, Lower, Middle District, Middle District of North Carolina

☆ Minecraft developers quit Reddit after company's controversial changes
▼ + stars: | 2023-06-29 | by ( Hayden Field | ) www.cnbc.com time to read: +3 min

In the latest blow to Reddit after its controversial billing changes, the makers of Minecraft — one of the best-selling video games of all time — have quit the platform. "Reddit management introduced changes recently that have led to rule and moderation changes across many subreddits," a tech lead at Mojang Studios, the Microsoft-owned company behind Minecraft, posted on the r/Minecraft Reddit community Tuesday. "Because of these changes, we no longer feel that Reddit is an appropriate place to post official content or refer our players to." An update to the post clarified that it is not an official policy for all of Mojang Studios, Xbox or Microsoft. The protests included the wildly popular r/Funny, with more than 40 million members, along with r/Music and r/Science, each boasting more than 30 million users.

Persons: Minecraft, —, Reddit Organizations: Mojang Studios, Microsoft, Java, Xbox, Reddit, Guinness World Records, CNBC

☆ Clarence Thomas and Ketanji Brown Jackson criticize each other in unusually sharp language
▼ + stars: | 2023-06-29 | by ( Devan Cole | ) edition.cnn.com time to read: +6 min

Washington CNN —The Supreme Court’s landmark ruling Thursday on affirmative action pitted its two Black justices against each other, with the ideologically opposed jurists employing unusually sharp language attacking each other by name. Justice Clarence Thomas and the court’s other four conservatives joined Roberts’ opinion. Thomas has previously acknowledged that he made it to Yale Law School because of affirmative action, but he has long criticized such policies. (While Jackson recused herself from the Harvard case, she did hear the UNC case, and her dissent was focused on the latter.) In his memoir, “My Grandfather’s Son,” Thomas says he felt “tricked” by paternalistic Whites at Yale who recruited Black students.

Persons: John Roberts, Clarence Thomas, Roberts, Thomas, Ketanji Brown Jackson, ”, ” Thomas, “, Jackson, Sonia Sotomayor, Thomas ’, “ ‘, ” “, ” Jackson, Black, he’d Organizations: Washington CNN, Harvard, University of North, Yale Law School, UNC, CNN, Whites, Yale, “, University of Michigan Law School, White, Bollinger Locations: University of North Carolina, Independence, United States, Yale

☆ Decision of when to retire has little to do with how much you've saved for retirement, report finds
▼ + stars: | 2023-06-28 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +3 min

Pixdeluxe | E+ | Getty ImagesAmericans often worry about hitting specific money goals for retirement, but a new report finds that the decision to retire often happens independently of reaching that "magic number." The report found that more than a third, 36%, of households ages 55 to 64 are already retired. In that age group, 27% are within five years of stopping full-time work and 37% expect to continue working full-time for more than five years. About a third, 35%, of people in that age group who have less than $50,000 in investable assets described themselves as retired. That may be especially true of those in the 55-plus age group, who may believe they have enough, but cannot predict whether they will live another four decades.

Persons: haven't, Laura Varas, Carolyn McClanahan, that's, McClanahan Organizations: Getty, Hearts, Census, Federal Reserve, Finance, Planning Partners, CNBC Locations: U.S, Jacksonville , Florida

☆ $1.27 million is the magic number for retirement, Americans say. The average person has just 7% of that saved.
▼ + stars: | 2023-06-25 | by ( Aaron Mcdade | Madison Hoff | ) www.businessinsider.com time to read: +4 min

Americans on average have saved a fraction of what they think they'll need to "retire comfortably." A new study from Northwestern Mutual found that many age groups think they'll need over $1 million. People have saved 3% to 12% of their retirement goal, depending on which age group you look at. "At the end of the day, the 'magic number' for retirement savings and retirement age are personal for each of us," Kyle Menke, CEO of Menke Financial, a Northwestern Mutual firm, told Insider in an email. "It's clear that rising prices are impacting people's expectations for retirement savings," Menke said.

Persons: —, Kyle Menke, Menke, Gen Z, Xers, you've, they're, Gen X Organizations: Northwestern Mutual, Service, Privacy, Northwestern, Menke, of Labor Statistics

☆ Bed Bath & Beyond poised to join the list of 'zombie brands' like Radio Shack and Toys R Us
▼ + stars: | 2023-06-22 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +2 min

Bed Bath & Beyond has reached a deal to sell its primary brand assets to Overstock for $21.5 million. The agreement covers trademarks, business data, and e-commerce sites, but not stores or inventory. The sale will make the former housewares giant the latest retail "zombie brand." A shuttered Bed Bath & Beyond store in suburban Detroit. The survival of Bed Bath & Beyond on paper and online will make it the latest retail "zombie brand" — a list that includes former industry titans like Radio Shack, Lord & Taylor, and Toys R Us, whose new owners aim to cash in on the label's established credibility with customers.

Persons: —, Overstock.com, Leslie J, Allen, Taylor Organizations: Service, Bed, titans, Radio, New York Times, & $ Locations: New Jersey, Detroit

☆ Bed Bath & Beyond will live on — through Overstock.com
▼ + stars: | 2023-06-22 | by ( Jordan Valinsky | ) edition.cnn.com time to read: 1 min

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☆ Opinion: If a 16 year old can drive, work, pay taxes – why can’t they vote?
▼ + stars: | 2023-06-22 | by ( Opinion Paul Hockenos | ) edition.cnn.com time to read: +8 min

In Germany, this age group can vote in European elections, and the same goes for Belgium, on request. And, when Scotland held its referendum on Scottish independence back in 2014, it lowered the voting age from 18 to 16. In the US, some cities in the states of Maryland and California have lowered the voting age to 16 in certain local elections. The US-based NGO National Youth Rights Association argues that 16- and 17-year-olds should participate on decision making on medical autonomy, curfew, drinking age and age discrimination. “They work and are subject to taxation without representation: income tax, sales tax, payroll taxes and more… The US should continue its democratic tradition of extending voting rights,” he added.

Persons: Paul Hockenos, ”, Paul Hockenos Hayyan, –, Kyriakos Mitsotakis, Grace Meng, Meng, ” Linda Kastrup, Neil Bhateja, Greta Thunberg, they’ll Organizations: CNN, New Democracy Party of Greek, YouTube, Facebook, European Union, Scotland, Scottish, Youth, Youth Rights Association, –, National Youth Rights Association, Twitter Locations: Berlin, Europe, New Berlin, Greece, Austria, Malta, EU, Germany, Belgium, Estonia, Maryland, California, New York, London, Bogota, Nairobi

☆ Overstock.com wins auction for Bed Bath & Beyond's intellectual property, digital assets
▼ + stars: | 2023-06-22 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +2 min

Signage is displayed outside a permanently closed Bed Bath & Beyond retail store in Hawthorne, California, on May 1, 2023. Bed Bath & Beyond will live on in name only after Overstock.com won an auction for the failed home goods retailer's intellectual property and digital assets, according to court records filed early Thursday. In a rare move, Bed Bath chose to run a separate sale process for its Buy Buy Baby chain, considered the crown jewel of its assets. Buy Buy Baby assets garnered interest from buyers even before Bed Bath filed for bankruptcy in April. The auction for Buy Buy Baby's assets is slated to take place on Wednesday.

Persons: Overstock.com, Overstock, JOWA Brands Organizations: JOWA, Bed, CNBC Locations: Hawthorne , California

☆ First Came Golf’s Flash Grenade. Now, Here’s the U.S. Open.
▼ + stars: | 2023-06-13 | by ( Alan Blinder | Kevin Draper | ) www.nytimes.com time to read: +2 min

For the first time in generations, the PGA Tour was not the unrivaled signature show in American men’s golf. How might players who defected from the tour to LIV be allowed to return? And what about all of that money, said to be $100 million or more in some instances, that the wealth fund promised LIV golfers? Much about the framework agreement, though, is unclear, with bankers and lawyers still rushing to fill in blanks on matters as weighty as asset valuation. (“I don’t have enough information about the deal yet to have an unfavorable or favorable view about it,” Patrick Cantlay, a player who is on the PGA Tour’s board, said on Tuesday.)

Persons: Lyndon, Johnson’s, LIV, ” Patrick Cantlay Organizations: Torrey, PGA Locations: Torrey Pines, San Diego, Sea Pines, Hilton Head, Saudi, London, Venice, San Francisco, New York

☆ Adam Hadwin mistakenly leveled by security when celebrating Nick Taylor's fairytale Canadian Open win
▼ + stars: | 2023-06-12 | by ( Jack Bantock | ) edition.cnn.com time to read: +5 min

Hadwin was quickly helped back to his feet, with footage showing him stood arm in arm with the security guard shortly after. A security guard stops Hadwin as Taylor celebrates. It put him level at the top of the leaderboard with England’s Tommy Fleetwood, in pursuit of a first PGA Tour title. That sent the pair into the first PGA Tour playoffs of their careers, and after three holes, they still could not be separated. A remarkable uphill putt saw Taylor eagle for the win to become the first Canadian since Pat Fletcher in 1954, and the sixth in history, to win his country’s National Open.

Persons: Nick Taylor’s, caddie Dave Markle, Adam Hadwin, Hadwin, Taylor, Markle, Nathan Denette, ”, ” Taylor, “, –, Jessica, “ I’m, revelled, Justin Thomas, Tyrrell Hatton, Tommy Fleetwood, Pat Fletcher, Mike Weir, Corey Conners, I’ve Organizations: CNN, Canadian, Oakdale, Twitter, ” CNN, PGA, –, Fleetwood, Minas Panagiotakis, Getty Locations: Canadian, Winnipeg

☆ Manchester City wins Champions League for first time, beating Inter Milan 1-0 in tense Istanbul final
▼ + stars: | 2023-06-10 | by ( Aimee Lewis | ) edition.cnn.com time to read: +7 min

This was not only a night when City won its first Champions League. In beating three-time champion Inter, Pep Guardiola’s side became only the second English team to achieve the treble, winning the Premier League, FA Cup and Champions League in the same season. Rodri pictured scoring the winner which secured City the Champions League trophy. Manchester City has won the Premier League, FA Cup and Champions League this season. Will City dominate the Champions League like it has the Premier League?

Persons: Manchester City’s, Sheikh Mansour bin Zayed Al Nahyan, Pep, Alex Ferguson, Shaun Botterill, Bernardo Silva, Erling Haaland, André Onana, Nicolò Barella, Ederson, Rodri, Federico Dimarco’s, Romelu Lukaku, Catherine Ivill, Sheikh Mansour –, –, ” Guardiola, Guardiola, “, ”, Martin Rickett, Abu, Umit Bektas, Jack Grealish, I’ve Organizations: CNN, Manchester, Abu Dhabi United Group, Champions League, Inter Milan, City, Inter, Premier League, FA, Manchester United, City . Manchester City, League, Monaco, Tottenham, Real Madrid, BT Sport, Inter’s, Etihad, Reuters Locations: Istanbul, Europe, City . Manchester, Liverpool, Lyon, Chelsea, Manchester City, Abu Dhabi, Will City, Barcelona

☆ 'What is there to be afraid of?' Ukrainians in frontline town hopeful about counteroffensive
▼ + stars: | 2023-06-10 | by ( Vasco Cotovio Frederik Pleitgen William Bonnett Darya Tarasova | Vasco Cotovio | Frederik Pleitgen | ) edition.cnn.com time to read: +6 min

The town in the Zaporizhzhia region sits just five kilometers away from a frontline where Ukrainian forces have been making a recent push. “The town is shelled every 24 hours.”And with the Zaporizhzhia frontline becoming more active because of an anticipated Ukrainian counteroffensive, aid deliveries may become more rare. CNN has been able to geolocate the videos to the Zaporizhzhia region but is unable to verify when they were shot. And nothing happens around town without them being well aware of it, even if that is a top-secret Ukrainian counteroffensive. She straps the food box to the back of her bike and – just before she cycles away – Ukrainian forces somewhere outside of town are heard firing a shell towards Russian positions.

Persons: “, Olga Shumska, unfazed, I’m, ” Shumska, Vasco Cotovio, CNN “, Nina Sokol, we’ll, they’re, Vitaliy Kubushka, you’d, ” Sokol, ” Organizations: Southern, Southern Ukraine CNN, CNN, Sokol, Global Empowerment, Howard Buffet Foundation, Ukraine, Ukrainian, Journalists, Ministry of Defense Locations: Southern Ukraine, Orikhiv, Zaporizhzhia, Zapoprizhzhia, Ukrainian, Moscow, Kyiv, Shumska, Ukraine

☆ The Merger of LIV Golf and the PGA Tour: Here’s What to Know
▼ + stars: | 2023-06-07 | by ( Kevin Draper | ) www.nytimes.com time to read: +2 min

The PGA Tour and LIV announced Tuesday the creation of a new entity that would combine their assets, as well as those of the DP World Tour, and radically change golf’s governance. The PGA Tour would remain a nonprofit organization and would retain full control over how its tournaments are played. This is how Jay Monahan, the commissioner of the PGA Tour, answered questions Tuesday about what golf might look like in the future. “I don’t want to make any statements or make any predictions.”Will LIV golfers go back to the PGA Tour and DP World Tour? Will PGA Tour players, many of whom spurned LIV and its huge paydays, receive compensation?

Persons: LIV, ” NewCo, Yasir al, Jay Monahan, Will LIV, ” Monahan Organizations: PGA, Public Investment Fund, LIV, PGA Tour

☆ Digital Realty CEO Andrew Power: A.I. technology will live in a data center
▼ + stars: | 2023-06-06 | 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 EmailDigital Realty CEO Andrew Power: A.I. technology will live in a data centerCNBC's Diana Olick and Digital Realty CEO Andrew Power join 'Squawk Box' to discuss the company's growth drivers, the impact of A.I., rising interest rates, and more.

Persons: Andrew Power, Diana Olick Organizations: Digital, Digital Realty

After two years of sniping, lawsuits and ill will, the major men’s golf tours agreed to merge on Tuesday. The PGA Tour, which runs golf in North America; the PGA European Tour, which is known as the DP World Tour and holds events in much of the rest of the world; and the upstart LIV Tour agreed to merge their operations. The Saudi sovereign wealth fund, which spent billions to launch the LIV Tour, will invest in the new company, and the governor of that fund will become its chairman. The LIV Tour started last year and offered big-name players from the other tours huge sums to jump ship. Many players and officials of the PGA Tour were sharply critical of LIV, both for dividing the golf world and for associating with the Saudi government and its poor human rights record.

Persons: Dustin Johnson, Bryson DeChambeau, Brooks Koepka, Patrick Reed, Cameron Smith, Phil Mickelson, Tiger Woods, Rory McIlroy, LIV, ” Organizations: PGA European, LIV, PGA Locations: North America, Saudi

☆ Warner Bros. Discovery's new streamer, Max, is live — these top 9 execs are helping content chief Casey Bloys take on Netflix and win over subscribers
▼ + stars: | 2023-06-05 | by ( Lucia Moses | ) www.businessinsider.com time to read: +4 min

Discovery driving content at HBO and new streamer Max. WBD has one of TV's most respected executives working to ensure Max's success: Casey Bloys, who's been with HBO since 2004, is chairman and CEO of HBO and Max content. In week one 70% of HBO Max subscribers switched over to the new app, and some Discovery+ subscribers have moved over as well, WBD told The Wall Street Journal. It'll take time for Max to build up the brand equity HBO Max has. As for existing subscribers, most HBO Max users may seamlessly transition to Max and see no change in price.

Persons: Casey Bloys, Max, Barry, WBD, who's, HBO Max —, there's Kathleen Finch, JB Perrette, Harry Potter, HBO Max, Bloys Organizations: Warner Bros, HBO, Max, DC, Netflix, Disney, Hollywood, HBO Max, Wall Street

☆ As retirement confidence drops, experts say focusing on these 4 factors can help
▼ + stars: | 2023-05-31 | by ( Lorie Konish | ) www.cnbc.com time to read: +5 min

Decide where you will live in retirement— Key deadline to watch: The sooner, the better. While you may start your Social Security retirement benefits as early as age 62, eligibility for Medicare generally does not start until age 65. Choose when to claim Social Security benefits— Key deadline to watch: By age 60, you should go to the Social Security Administration website and review your statement, recommends Copeland. When to claim Social Security retirement benefits is one of the big questions retirees face. "The later you can file for Social Security, the better it is as far as the amount you're going to get," John said.

Persons: Craig Copeland, Copeland, Dann Tardif, Susan Reinhard, It's, Reinhard, Jane Sung, Sung, Rupp, John Organizations: AARP, Institute, Social, Medicare, Security, State Health Insurance, Social Security, Social Security Administration, Sporrer, Getty

☆ Watch: Massive Wildfire In Canada Burns out of Control
▼ + stars: | 2023-05-29 | by ( ) www.wsj.com time to read: 1 min

Schools and Learning in an AI-Enabled WorldHow will generative AI tools, like ChatGPT, change the education system? That’s the question on a lot of parents' and teachers’ minds. At this year’s Future of Everything festival, the founder of Code.org talked about how the next generation of students will live and learn in an AI-enabled world. We bring you highlights from that conversation. ILLUSTRATION: AMOGH ALVA VAZ/WSJ

☆ Why the U.S. Debt-Ceiling Deal Could Have Trouble in Congress
▼ + stars: | 2023-05-28 | by ( ) www.wsj.com time to read: 1 min

☆ Russia Launches Largest Drone Attack On Kyiv Since Start Of War
▼ + stars: | 2023-05-28 | by ( ) www.wsj.com time to read: 1 min

☆ China’s C919 Passenger Jet Makes Maiden Commercial Flight
▼ + stars: | 2023-05-28 | by ( ) www.wsj.com time to read: 1 min

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