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☆ Michael Bloomberg recently gave $50 million to support Kamala Harris — but only after a pressure campaign: report
▼ + stars: | 2024-10-28 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +3 min

Michael Bloomberg donated $50 million to a nonprofit supporting Harris' campaign, per the NYT. AdvertisementMichael Bloomberg, the former New York City mayor and presidential candidate, recently donated around $50 million to a nonprofit organization supporting Vice President Kamala Harris' campaign, according to the New York Times. Though Bloomberg typically makes public campaign donations, he intended for this contribution to remain secret, the Times reported. Harris herself hopped on a call with the billionaire, and he donated the money soon after, according to the Times. Trump has amassed his own army of billionaire donors, including Elon Musk and Timothy Mellon.

Persons: Michael Bloomberg, Harris, —, Kamala Harris, Worth, Bloomberg, Reid Hoffman, Bill Gates, George Soros, Trump, Elon Musk, Timothy Mellon, Bloomberg didn't Organizations: Bloomberg, Service, New, New York City, New York Times, Times, Forbes, titans, Wall Street, Silicon, LinkedIn, Microsoft, Elon Locations: New York

High risk of natural disaster and extreme heat For two decades, they’ve also been some of the most popular places to move as Americans have flocked to the South and West. Much of Vermont, which is not highlighted as high risk in the maps above, saw devastating flooding last year following a record-breaking storm. Jacksonville Tallahassee Gainesville Daytona Beach Orlando Tampa HIGH HURRICANE WIND RISK Sarasota The Tampa metro area has been one of the fastest growing in the country. Many of these new residents have settled in coastal communities that are at high risk for hurricanes. Dallas-Fort Worth sits in an area at high risk for serious thunderstorms, hailstorms and tornadoes.

☆ NFL Power Rankings Week 3: Cowboys, Ravens in trouble? Are Saints, Vikings for real?
▼ + stars: | 2024-09-17 | by ( Josh Kendall | ) www.nytimes.com time to read: +24 min

It’s Week 3 of the NFL Power Rankings, and Tennessee Titans coach Brian Callahan speaks for all of us. ETGO DEEPER NFL Week 2 takeaways: What Chiefs' latest survival shows, Ravens problems, Saints thrivingLast week: 3Thursday: Beat Miami Dolphins 31-10Week 1 was the Josh Allen Show — four touchdowns and 279 combined passing and rushing yards. Dallas Cowboys (1-1)Last week: 7Sunday: Lost to New Orleans Saints 44-19The roller-coaster ride of being a Cowboys fan never ends, does it? That’s been enough because the defense hasn’t allowed either opponent to top 90 yards rushing. Look for a heavy dose of De’Von Achane, who had 96 rushing yards and 69 receiving yards against the Bills, as long as he’s healthy.

Persons: Brian Callahan, Malik Willis, Wanya Morris, Travis Kelce, Morris, Kelce, Patrick Mahomes, He’s, Tom Brady, Roger Staubach, Josh Allen, Allen, BetMGM, Alvin Kamara, Sam Darnold's, shouldn’t, C.J ., Chris Godwin, Nic Antaya, Quarterback Baker Mayfield, Aidan Hutchinson, Khalil Mack’s, Jared Goff, Randy Moss, Justin Jefferson, Jefferson, Sam Darnold, it’s, Darnold, Brock Purdy, Deebo Samuel, Jordan Mason, Christian McCaffrey, San Francisco, Steve Young quarterbacked, Dobbins, Jim Harbaugh, DK Metcalf, Jaxon Smith, Kenneth Walker III, Walker, Geno Smith, Saquon Barkley hadn’t, Kirk Cousins, Josh Jacobs, Jordan Love, Dak, Dallas, CeeDee Lamb, Dallas pic.twitter.com, 2JC9Sidf35 —, Kyler Murray, Marvin Harrison Jr, Murray’s, enver B, ike T, aron R odgers, odgers, amar, ackson,, asser, orth, hase, rong, alf, eason, ong, olk, J r., roy T aormina, ike, ating, ake, ackers, hird, own., aguars, rian C, ade, ade Y ork, enver B roncos, hinks., iants, enver, ince, rian D Organizations: NFL, Tennessee Titans, National Football League, Vikings, 49ers, Raiders, Ravens, Buccaneers, Lions, Packers, Colts, New, New Orleans Saints, Cowboys, Bengals, Rams, Chargers, Saints, Seahawks, Beat Cincinnati Bengals, Kansas City, Chiefs, Falcons, Beat Miami Dolphins, Bills, Dolphins, Jaguars, Beat Dallas Cowboys, New Orleans ’, Philadelphia Eagles, Sam Darnold's Vikings, Beat Chicago Bears, Texans, Bears, Houston, Four Texans, Minnesota Vikings, Bucs, Tampa Bay Buccaneers, Beat Detroit Lions, Tampa Bay, Detroit, Denver Broncos, Detroit Lions, Arizona Cardinals, San Francisco 49ers, Houston Texans, Niners, Los Angeles Rams, Los Angeles Chargers, Beat Carolina Panthers, Panthers, Steelers, Pittsburgh Steelers, Seattle Seahawks, New England Patriots, Seattle, Miami Dolphins, Atlanta Falcons, Eagles, Green Bay Packers, Beat Indianapolis, Sunday, Green Bay, Dallas Cowboys, Cleveland, Dallas, Baltimore Ravens, T, 2JC9Sidf35 — Dallas Texas TV, MURRAY, FC, ards, ashington, eads, ams, ust, alton Locations: New Orleans, Buffalo, C.J, C.J . Stroud, Detroit, Tampa, San, Minnesota, J.K, Seattle, ards, ife, verall,

☆ White House condemns Tucker Carlson ‘Nazi propaganda’ interview as ‘disgusting and sadistic insult’
▼ + stars: | 2024-09-05 | by ( Brian Stelter | ) edition.cnn.com time to read: +5 min

Elon Musk, who promoted the interview on his social media platform, X, calling it “Very interesting. “Hitler was one of the most evil figures in human history and the ‘chief villain’ of World War II, full stop,” Bates wrote. Several conservative columnists have raised questions about whether Vance will move forward with the appearance in light of the Cooper controversy. In a statement, the Vance campaign sought to distance the candidate from the interview. “Senator Vance doesn’t believe in guilt-by-association cancel culture but he obviously does not share the views of the guest interviewed by Tucker Carlson,” Vance campaign spokesperson William Martin told CNN in a statement.

Persons: Biden, Tucker Carlson, Darryl Cooper, ” Cooper, Winston Churchill, Cooper, “, Carlson, Elon Musk, ”, Andrew Bates, Adolf Hitler, Churchill, “ Hitler, ’, ” Bates, “ The, Harris, ” Jonathan Greenblatt, Carlson’s, ’ ”, vlogger, Alex Jones, Donald Trump’s, JD Vance, Vance, Vance doesn’t, ” Vance, William Martin, CNN’s Alayna Treene Organizations: New, New York CNN, Nazi, CNN, “ The Biden, Harris Administration, Defamation League, Fox News, Republican Party Locations: New York, United States, British, Poland, Milwaukee, Hershey , Pennsylvania

☆ An FCC ruling has cut prison phone bills in half, disrupting the correctional telecommunications industry
▼ + stars: | 2024-07-22 | by ( Narimes Parakul | ) www.businessinsider.com time to read: +6 min

In order for people in prison to use phone or video calls to chat with family, the person on the other line must pay. As of 2021, according to research by the Prison Policy Initiative, they've paid an average of $3 for a 15-minute phone call. The new rules will force a business model change for correctional telecommunications companies as they contend with an estimated $500 million loss in revenue, according to Worth Rises. Only five states have passed legislation to make jail phone calls free, according to Prison Legal News. Wanda Bertram, a communications strategist for the Prison Policy Initiative, said prisons tend to negotiate better contracts with telecommunications companies and, therefore, tend to have better rates for prisoners.

Persons: —, they've, Peter Wagner, Viapath, ICSolutions, –, Bianca Tylek, Wanda Bertram, Paul Wright Organizations: Service, Federal Communications Commission, Business, FCC, Correctional, Worth, Connect, PBS, Companies, Human Rights Defense Center Locations: ICSolutions, New York , Ohio, Rhode

☆ Was John Singer Sargent also the first celebrity stylist?
▼ + stars: | 2024-03-01 | by ( Leah Dolan | ) edition.cnn.com time to read: +8 min

London CNN —In the spring of 1888, New York socialite Eleanora Iselin welcomed the portrait artist John Singer Sargent into her home, feverish over the question of what she would wear. Despite curating a selection of her best frocks, Eleanor Iselin was captured in her casual day dress at the insistence of Sargent. Working during the rise of haute couture, both Sargent and his subjects were living through a new dawn of fashion. Rachel was styled in a scrap of pink fabric which Sargent manipulated on canvas to become a dress. “Their work was ready-to-wear, using off the (rack) elements of portraiture, whereas with Sargent it always was bespoke.

Persons: Eleanora Iselin, John Singer Sargent, Eager, Iselin, “ Sargent, Eleanor Iselin, Sargent, It’s, James Finch, ”, —, Finch, Margaret Oliphant, Edith Wharton, Gretchen, Rachel Warren, Isabella Stewart Gardner, Rachel, Tate Britain “ He’s, ” Finch, “ He’s, ” Sargent, Sybil Sassoon, couturier Charles Fredrick Worth, Worth, Sassoon, ’ Reframing, Lily, Lily Rose ”, Sybil Sassoon’s, “, they’ve, Ellen Terry, Lady Macbeth, Jai Monaghan, Tate Britain ‘, Sargent’s Organizations: London CNN —, Fashion, Tate, of Art, Tate Britain, CNN, Boston’s Museum of Fine Arts, Fenway Court, Isabella Stewart Gardner Museum, of Fine Arts, Boston Museum of Fine Arts Locations: New York, Tate Britain, of Art , Washington, London, Scottish, Boston, Worth, Paris

☆ Elon Musk demands another huge payday from Tesla
▼ + stars: | 2024-01-16 | by ( David Goldman | ) edition.cnn.com time to read: +4 min

New York CNN —Elon Musk says he wants a significantly larger stake in Tesla than the one that already made him the richest person on the planet. Enough to be influential, but not so much that I can’t be overturned,” Musk wrote in a post on X. Musk and the Tesla board of directors were accused of breaching their fiduciary duties for waste and unjust enrichment. Musk on Monday said he and Tesla are waiting for ruling in the case before they agree to a new pay package. But Musk said a dual-class system at Tesla was a nonstarter, blaming a “post-IPO Delaware.” It’s unclear exactly what Musk meant by that.

Persons: New York CNN — Elon Musk, Musk, Tesla, ” Musk, “, Mark Zuckerberg, ”, they’re Organizations: New, New York CNN, Wall Street, Tesla, Fidelity, Meta, Vanguard, BlackRock, Regulators Locations: New York, Tesla, Worth, Delaware, BlackRock

☆ What to know as IRS kicks off withdrawal option for pandemic-era small business tax credit
▼ + stars: | 2023-10-23 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +2 min

The Good Brigade | Digitalvision | Getty ImagesThe IRS has announced a special withdrawal process for small businesses that wrongly claimed a pandemic-era tax break — and experts have tips for those who may be affected. Worth thousands per eligible employee, the ERC attracted a cottage industry of companies pressuring small businesses to amend payroll tax returns and wrongly claim the credit. The IRS on Thursday unveiled a withdrawal option for small businesses with pending ERC claims before facing repayment, interest and penalties. "This is a game-changer," said Eric Hylton, national director of compliance for Alliantgroup, a firm that has been reviewing ERC claims for other tax professionals. As of Oct. 11, the agency estimated a backlog of 849,000 Forms 941-X, which includes ERC claims.

Persons: Eric Hylton, I'm, Hylton, you've, there's, It's, Dean Zerbe, Zerbe Organizations: Brigade, IRS, ERC, Alliantgroup Locations: Worth, It's

☆ House Republicans push IRS for answers on processing pause for small business tax credit
▼ + stars: | 2023-10-04 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +2 min

Rep. Jason Smith, R-Mo., speaks during a House Oversight and Accountability Committee impeachment inquiry hearing on Sept. 28, 2023. Jonathan Ernst | ReutersHouse Republicans are pressing the IRS for answers after the agency paused processing new claims for a pandemic-era small business tax break. Lawmakers voiced "continued concerns" about the employee retention credit, or ERC, which was enacted to support small businesses during the Covid-19 pandemic. The backlog of unprocessed ERC claimsAs of Sept. 27, the total inventory of unprocessed Forms 941-X, used to amend an employer's quarterly federal tax returns, was roughly 779,000, according to the IRS. However, the ERC claim backlog may be significantly higher due to professional employer organizations, or PEOs, which provide payroll benefits and other HR services.

Persons: Jason Smith, Jonathan Ernst, David Schweikert, Pat Cleary Organizations: Reuters, Republicans, ERC, IRS, National Association of Professional Locations: Worth

☆ IRS to target 'unscrupulous' tax preparers amid crackdown of small business tax credit
▼ + stars: | 2023-09-24 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +2 min

Chip Somodevilla | Getty ImagesIRS scrutiny of the employee retention creditThe plan is part of the agency's elevated focus on employee retention credit claims, according to April Walker, lead manager for tax practice and ethics with the American Institute of CPAs. A pandemic-era tax break, the employee retention credit, or ERC, was designed to support small businesses that kept employees on payroll during shutdowns or revenue declines in 2020 and 2021. He included the earned income tax credit, a tax break claimed by low- to moderate-income filers, which has been prone to mistakes due to complex eligibility requirements. While IRS audit rates have dropped overall, the rates have declined more slowly for filers claiming the earned income tax credit than higher earners. "The IRS audits a higher percentage of taxpayers with the earned income tax credit than any other taxpayers, except those with at least $5 million of total positive income," National Taxpayer Advocate Erin Collins wrote in her 2022 report.

Persons: Daniel Werfel, Chip Somodevilla, April Walker, Werfel, Chuck Marr, Erin Collins Organizations: Senate, Getty, American Institute of CPAs, ERC, IRS, Budget, National Taxpayer, filers Locations: Worth

☆ Here's what tax pros recommend after the IRS halts processing for small business tax credit
▼ + stars: | 2023-09-18 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +3 min

Kevin Lamarque | ReutersAs the IRS pauses on processing new claims for a pandemic-era small business tax break, some filers are in limbo as the agency works on further guidance. The IRS on Thursday temporarily halted processing for amended payroll tax returns claiming the so-called employee retention tax credit, or ERC, which was enacted during the Covid-19 pandemic. More from Personal Finance:IRS halts processing of a small business tax breakDoes your business qualify for the employee retention credit? If you claimed the credit and are worried about eligibility, it's an excellent time to review your filing with a qualified tax professional, she said. My blanket advice is always to talk to a qualified tax professional who has filed [ERC claims] before.

Persons: Daniel Werfel, Kevin Lamarque, Danny Werfel, Jennifer Rohen, Craig Hausz, Hausz, There's Organizations: Reuters, IRS, ERC, Finance, CMH, CMH Advisors Locations: Worth, Dallas

☆ 17 affordable US cities attracting real-estate investors and developers for rent increases, price appreciation, jobs growth, and lower property taxes, according to an investment property expert
▼ + stars: | 2023-09-05 | by ( Laila Maidan | ) www.businessinsider.com time to read: +4 min

Dan Hnatkovskyy says real-estate investors should analyze data to determine where to buy. The real-estate market might seem less attractive at a time when mortgage rates are elevated and home prices also remain high. Another way they get insight is by tracking NewHomesMate website activity to see where buyers and smaller investors are looking. On the other hand, since interest rates began to increase, investor interest decreased in that area. Additionally, higher property prices and elevated interest rates are making smaller and simpler homes more attractive, mainly in rural or suburban areas.

Persons: Dan Hnatkovskyy, Hnatkovskyy, Craig Barrett Organizations: Internal Revenue Agency, Census Bureau, IRS, NewHomesMate's, Jacksonville, Rock , Arkansas Memphis , Tennessee Olive Branch , Mississippi Cities Locations: Austin , Texas, Austin, Miami, Orlando, Tampa, Lakeland , Florida Nashville , Knoxville, Chattanooga , Tennessee Raleigh, Durham, Charlotte, North Carolina Atlanta , Georgia Birmingham , Alabama, Dallas, Ft . Worth, Houston , Texas Cities, Rock , Arkansas Memphis , Tennessee Olive Branch , Mississippi

☆ I was careless and spent way too much on my Maui vacation. Here are 7 ways I could have saved money.
▼ + stars: | 2023-07-14 | by ( Jesse Collier | ) www.businessinsider.com time to read: +7 min

Jesse Collier spent nearly $6,000 on a 10 -day vacation for two. She says she could've saved money by traveling in the off-season , and preparing some meals herself . It was our first trip since 2019, and my husband and I decided on a tropical getaway to Maui, Hawaii. I was so excited to be on vacation again after spending what felt like an eternity at home that I acted careless with money, which was very unlike me. Here's how I could have saved quite a bit of money on my trip to Hawaii.

Persons: Jesse Collier, could've, Collier, You'll, Boss, let's Organizations: Service, Maui, Coral Gardens Locations: Wall, Silicon, Maui, Hawaii, Coral, Molokini, Wailea, Honolua Bay, Oahu, Kauai, Worth

☆ 5 Scenic E.V. Road Trips
▼ + stars: | 2023-06-30 | by ( Lauren Sloss | ) www.nytimes.com time to read: +4 min

travel:California: up the coast, down through wine countryCalifornia is lousy with scenic drives, from its extensive, 840-mile coastline to routes through the magnificent Sierra Nevada. The route is also the focus of a new electric vehicle-centric initiative, with eight new E.V. New Mexico: The High Road to the Enchanted CircleA road trip between Santa Fe and Taos — two standout New Mexico destinations — is a decided win. The route has beautiful scenery, a dose of history and is easily doable in an E.V. planning tool and then hit the 56-mile High Road to Taos, which passes through villages with epic views of the Sangre de Cristo Mountains.

Persons: “, ”, Cowing, Martin Ray, Mount, it’s, Worthy, that’s, Butch Cassidy Organizations: Point, Gifford, Forests, Elk Loop, Rockies, New, Sundance Locations: United States, California, Sierra Nevada, San Francisco, Point Reyes, Bodega Bay, Jenner, Mendocino ., Philo, Boonville, Sonoma, Healdsburg, Sebastopol, Petaluma, Washington, Chahalis, Naches, Okanogan, Wenatchee, Mount Rainier, Colorado, Elk, Elk Loop Colorado, Carbondale, Crested, Gunnison, New Mexico, Santa Fe, Taos, —, Cristo, El, Red, Taos Ski Valley

☆ The President, the Soccer Hooligans and an Underworld ‘House of Horrors’
▼ + stars: | 2023-05-03 | by ( Robert F. Worth | ) www.nytimes.com time to read: +3 min

direction, and he chose not to.” Serwer speculated that Vucic has concluded the reforms required to join the E.U. The notion that Serbia can “balance” the West against Russia is largely a mirage, Bassuener said. One afternoon in Belgrade, I spent an hour talking to Boris Tadic, who served as Serbia’s president from 2004 until 2012, when he lost to Vucic’s party. Vucic, he said, had “helped put criminals in power” with the belief that he could control them. “What is the final outcome of your power if you’re going to destroy the foundations of society with hooligans and criminals?” he asked.

☆ Europe is trying to move from planes to trains. Here's how that's going
▼ + stars: | 2023-03-07 | by ( Miquel Ros | ) edition.cnn.com time to read: +11 min

Aviation emissions in Europe increased an average of 5% year-on-year between 2013 and 2019, according to the EU. Not surprisingly these moves have set alarm bells ringing in the aviation industry. “For many decision-makers, banning short-haul flights and showing support to the rail industry is an easy win to gain favor with the public, especially in Europe,” Montserrat Barriga, the ERA’s director general, told CNN. “Governments continue ignoring the biggest source of aviation emissions – long-haul flights, that remain unpriced and unregulated,” says T&E’s Dardenne. Better connectivity between intercity rail and airports would also reduce the need for short-haul flights.

☆ A.I. hype lifts Microsoft shares at Alphabet’s expense. An opportunity may be emerging for investors
▼ + stars: | 2023-02-08 | by ( Michael Santoli | ) www.cnbc.com time to read: +4 min

This is the daily notebook of Mike Santoli, CNBC's senior markets commentator, with ideas about trends, stocks and market statistics. It must work to absorb the pricing-in of another potential rate hike and some emotional, messy trading in parts of tech. Stocks rallied the days before, during and after the Fed hike, a decent sign Wall Street can handle the current stance. Worth noting GOOGL shares are down nearly 8% Wednesday afternoon, but they are still only back to week-ago levels. Is it an opportunity for anyone thinking the short-term AI hype is getting overdone?

☆ S&P 500 tries to break bear market downtrend, but earnings remain lackluster
▼ + stars: | 2023-01-24 | by ( Michael Santoli | ) www.cnbc.com time to read: +4 min

The S & P 500 hovers at the downtrend line everyone's watching after back-to-back 1%+ gains. The S & P 500 popping above the famous trend line would be a positive but in itself not a game changer. S & P 500 as a whole at 17x next 12 months' consensus — not cheap. Slicing away the five largest S & P 500 names or using the equal-weight S & P renders the P/E nearer to 15x. Worth recalling the S & P had a 25%+ drawdown last year when earnings were still hitting record highs in aggregate, so softness in Q4 not entirely a shock to the tape.

☆ Activist Investor Ryan Cohen Takes Stake in Alibaba and Pushes for More Stock Buybacks
▼ + stars: | 2023-01-17 | by ( Lauren Thomas | ) www.wsj.com time to read: 1 min

Activist Ryan Cohen has a wide following among individual investors who often follow his lead. Activist investor Ryan Cohen has built a stake in Alibaba Group Holding Ltd. worth hundreds of millions of dollars and is privately pushing the Chinese e-commerce giant to accelerate and further boost its share-repurchase program, according to people familiar with the matter. Mr. Cohen, known as the meme-stock king for helping ignite explosive rallies in GameStop Corp. and others, built the stake in the second half of last year, the people said.

Ukraine has shared a list with European countries of some 10,000 items it urgently needs to maintain power. Since early October, Russian forces have targeted Ukraine's energy infrastructure, causing blackouts and forcing millions of people to endure sub-zero temperatures with little or no heating. As stockpiles of state-owned European power grids dwindle, Lorkowski expected the private sector to become more important in meeting Ukraine's energy infrastructure needs. A first tranche of U.S. power equipment worth $13 million has been shipped to Ukraine, officials said, and two more planeloads were due to leave shortly. Olena Osmolovska, director of the reform support team at Ukraine's energy ministry, said it would cost tens of billions of dollars to fully restore the energy system.

☆ Former UK PM Johnson has earned 1 mln pounds for speeches since quitting
▼ + stars: | 2022-12-14 | by ( ) www.reuters.com time to read: +2 min

LONDON, Dec 14 (Reuters) - Former British Prime Minister Boris Johnson has been paid more than 1 million pounds ($1.24 million) to deliver four speeches since he left Downing Street just over three months ago, official data showed on Wednesday. As a member of parliament, Johnson is required to declare external earnings, as well as the number of hours involved. Johnson's best paid work was a speech in New York to the U.S. finance firm Centerview Partners worth 277,724 pounds. In October Johnson abandoned an attempt to reclaim the job he lost just weeks earlier following his successor Liz Truss's brief tenure as prime minister. Johnson, whose verbal flamboyance has long been one of his hallmarks, was widely expected to enter the speaking circuit after leaving office.

☆ U.S. imposes new sanctions over Iran sanctions evasion, targets Chinese firms
▼ + stars: | 2022-11-17 | by ( Daphne Psaledakis | ) www.reuters.com time to read: +2 min

Washington has increasingly targeted Chinese companies over the export of Iran's petrochemicals as the prospects of reviving the nuclear pact have dimmed. "The United States will continue to implement sanctions against those actors facilitating these sales." Iran's mission to the United Nations in New York did not immediately respond to a Reuters request for comment. Those that engage in certain transactions with the companies also risk being hit with sanctions. Reporting by Daphne Psaledakis; Editing by Andrea Ricci and Jon BoyleOur Standards: The Thomson Reuters Trust Principles.

☆ Now that Americans elected Democrats to keep the Senate, here are their 3 major plans to fix the economy and fight inflation
▼ + stars: | 2022-11-15 | by ( Jason Lalljee | ) www.businessinsider.com time to read: +7 min

In addition to abortion rights and fair elections, Democrats appealed to voters on their plans for the economy. Those may be the big takeaways, but Democrats locking down the Senate — and likely only conceding a slim majority to Republicans in the House — also indicate that voters favor Democrats' plan to rein in a tumultuous economy. That's something few economists saw as likely, however, and it looks like Democrats' plan for the economy in coming years gave them at least a slight edge necessary to pull off upset wins. Marginal victories in Nevada and Washington, for instance, were accomplished by candidates in sync with Biden's plan to lower costs for Americans. In addition to Medicare, Democrats like Fetterman have also called for allowing lower-priced drugs to be imported to the US, in addition to limiting drug price costs overall.

☆ The CEO of Binance published a 6,000-word memo that explains his principles and how he runs the world's biggest crypto exchange. Here are the 9 biggest takeaways.
▼ + stars: | 2022-10-17 | by ( Matthew Loh | ) www.businessinsider.com time to read: +5 min

In an online post, Binance CEO Changpeng Zhao outlined how he runs his crypto exchange. We care about each other, but we will not carry low performers with us," Zhao wrote. Focusing on titles is a red flag"Don't hire people who are worried about titles," Zhao wrote. "Instead, I like to spend time working with the top firms that come to us," Zhao wrote. "More importantly, it forces you to have a candid conversation with the other party before you talk to me," wrote Zhao.

☆ Why the CEO of Binance, the world's biggest crypto exchange, doesn't give his employees verbal compliments
▼ + stars: | 2022-10-17 | by ( Matthew Loh | ) www.businessinsider.com time to read: +2 min

Changpeng Zhao, the CEO of Binance, published a 6,000-word document about his management style. "If we make a big deal out of each 'little' accomplishment, it feels like we are setting a low bar," he wrote. Probably not so much from me," Zhao wrote. Not something we want to do," Zhao wrote. When I do something well, my inner intrinsic rewards are sufficient," the CEO wrote.

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