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Persons: I’ve, You’ll, TikTok Organizations: Apple, NBC, Apple Intelligence, Lenovo, Best LG, LG, HP, Asus, Walmart, Wellness, Bath, Giftable Tech, CNET, Facebook, Twitter

☆ New stock exchange aiming to offer 23-hour trading set to launch in 2025
▼ + stars: | 2024-11-29 | by ( Jesse Pound | ) www.nbcnews.com time to read: +1 min

A new stock exchange launching next year is on track to offer nearly round-the-clock trading on business days, pending final regulatory approvals, 24 Exchange announced late Wednesday. The 24X National Exchange will debut in the second half of 2025, with trading from 4:00 a.m. ET on Friday, with a one-hour pause each day, once the exchange clears some final hurdles with the U.S. Securities and Exchange Commission. The arrival of 24X is part of a broader push toward a wider window of time for stock trading. Certain brokerage firms, including Robinhood Markets and Interactive Brokers, already offer extended trading on certain securities to their clients.

Persons: Dmitri Galinov, 24X Organizations: Exchange, 24X, U.S . Securities, Exchange Commission, Robinhood, Interactive, “, ” Locations: Stamford , Connecticut, Asia

Two tax preparers have been charged with defrauding the federal government of $65 million in Covid relief funds, according to federal prosecutors in Tennessee. Walton owns and operates R&B Tax Express in Moscow, Tennessee, where she and Jones allegedly "falsified numbers provided to the IRS on personal and business tax returns from 2020 through 2024." The U.S. Attorney's office did not specify the amount of money the clients paid to Walton and Jones. The Employee Retention Credit is a refundable tax credit for certain eligible businesses and organizations that had employees and were affected during the pandemic. Walton faces 20 years for her sole obstruction of justice count, prosecutors said.

Persons: Renata Walton, Nicole Jones, Walton, Jones Organizations: Small Business Administration, Tax Express, Prosecutors, Walton Locations: Tennessee, U.S, Memphis, Moscow , Tennessee, Olive Branch , Mississippi

Like rural communities across the country, Celina is seeing a housing boom that made it America’s fastest growing city in 2023. With more than 200 people moving there each week, the city projects it will have more than 100,000 residents by 2029. “Southern Collin County is just getting really, really, really expensive. Keeping Celina relatively affordable has also been a challenge for local officials with the typical home now selling for around $550,000. As land prices go up in Celina, developers like Plute’s Swindell are looking even further north to be able to build homes in the $300,000 price range.

Persons: Suzanne D’Amico, ”, D’Amico, Ryan Tubbs, Prosper, Anna, Bryan Swindell, “, Celina, LaCinda Russell, She’s, I’ve, Russell, Collin County, Kelcey Kasper, “ They’re, ” Kasper, Jasmine Hughes, Hughes, ” Hughes, Luke Thigpen, ” Thigpen, she’s, “ We’ve, “ I’ve Organizations: U.S . Department of, Celina, homebuilders, PulteGroup’s Dallas Division, Walmart, Costco, Nationwide, ” Locations: Dallas, Celina , Texas, Celina, America, California, Collin County, Princeton, Collin, Frisco, McKinney, Princeton , Texas, North Texas, it’s

But Gomez, a Democrat from California, thinks his and his fellow Dads Caucus members’ focus is on point with voters, especially working-class men. And no matter what, you can’t make enough.”The caucus members, Gomez said, provide a kind of "sample and access" to American families throughout the country. According to NBC News' exit polls of 10 key states, 55% of Latino men voted for Trump. The Dads Caucus is expanding the areas they work in. … It kind of stuck with a lot of us — we were all thinking they’re fine,” he said, referring to young men.

Persons: Jimmy Gomez, “ bro, Donald Trump, Gomez, ” Gomez, ”, “, David Kim, Trump, he’s, Susan Walsh, you’re, — Gomez, Adam Schiff, Andy Kim, Ruben Gallego, don’t Organizations: “, Democratic, —, Republicans, NBC News, Trump, U.S . Senate, GOP, Senate Democrats Locations: California, Gomez’s California, Los Angeles, Boyle, Koreatown, Washington

Kaitlin Sonday, 25, Lincoln, Nebraska Works mainly in the beauty section at Target, making $16.50 an hour. Even so, Sonday, 25, of Lincoln, Nebraska, prefers retail to a job that would put her animal science degree to use. And if retail works for you, that’s OK, too. Kaitlin Sonday, Lincoln, Neb. “And if retail works for you, that’s OK, too.

Persons: Kaitlin Sonday, she’s, “ It’s, ”, Sonday isn’t, Sonday, “, ” Sonday, Brian Harper, Tibaldo, Italy —, don’t Organizations: Target, MIT, Brands, Hyundai, University of Nebraska Locations: Lincoln , Nebraska, Lincoln’s Lancaster County, NeighborWorks, Lancaster County, Lincoln, Neb, ZipRecruiter, Italy, Lincoln County

Tech billionaire Elon Musk is already huge in China — but now his 76-year-old mother is a rapidly rising star there as well. “China is so advanced in roads, tunnels, buildings, infrastructure, and ports,” she wrote on her son’s social media platform X in October. Musk walking the runway for Chinese women’s wear brand Juzui at New York Fashion Week in September. Musk is one of a number of “silver-haired influencers” in China, a fast-aging country where there is growing concern about aging well. Maye Musk and Elon Musk at a campaign rally for President-elect Donald Trump at Madison Square Garden in New York on Oct. 27.

Persons: Elon Musk, “, ” Musk, Thomas Concordia, ”, Ashley Dudarenok, ” Dudarenok, Errol Musk, Musk, Elon, Maye Musk, Donald Trump, Jabin, Dudarenok, Trump, Maye Organizations: Tech, New York, Getty, Fila, Madison, Washington, Trump —, “ Department, Government Locations: HONG KONG, China, ”, U.S, New York, Hong Kong, “, Shanghai

Macron was joined by his wife, Brigitte, and Laurent Ulrich, the archbishop of Paris, as he made his way around the restored building. Bright winter sunshine lit up the stained-glass windows and creamy stonework gleaming in place of huge charred holes. In the square outside, Macron was surrounded by crowds of cheering artisans, architects, business leaders and donors. The charred oak ceiling that was punctured by the spire that crashed into it has been replaced with new wood. “It was a challenge many deemed impossible, yet one we will have met on,” Macron said.

Persons: Macron, Brigitte, Laurent Ulrich, Jesus Christ’s, ” Macron, France’s Organizations: Notre Dame, Notre Locations: Paris, Macron, France

☆ Her vacation romance told her they’d ‘stay in touch.’ She assumed she’d never hear from him again
▼ + stars: | 2024-11-29 | by ( Francesca Street | ) edition.cnn.com time to read: +19 min

CNN —When Shylo Malcolm’s week in Cuba came to an end, she assumed her vacation romance was ending, too. “I’d had such an amazing week, and maybe we wouldn’t see each other again, the future was uncertain,” recalls Shylo. “We were ready to have fun, party it up,” recalls Shylo. “My friends and I were excited to practice our French, since we hadn’t used it in years,” Shylo recalls. Morgan Kitchen PhotographyAfter a few years of living together in Canada, Yann and Shylo found themselves discussing marriage.

Persons: Shylo, Frenchman Yann Dervaux, Yann, “ I’d, ”, lounging, — she’d, “, ” Shylo, Frenchman, —, Shylo Malcolm More, Yann didn’t, I’m, ’, Shylo’s hesitance, Yann wasn’t, ’ ”, Yann’s, ‘ I’m, ‘, ’ ” Shylo, Shylo they’d, they’d, “ We’d, ” Yann, — Shylo, ” Here's Shylo, Shylo Malcolm, I’d, It’s, we’ve, we’d, ” “, Shylo’s, She’s Organizations: CNN, CNN Travel, Facebook, Google, Amsterdam Schiphol Airport, Shylo, Morgan Locations: Cuba, Ontario, Canada, Lille, France, Varadero, German, Germany, Paris, Shylo, Amsterdam, Europe, of Versailles, “, Dominican Republic , New Zealand, European

☆ Starbucks opens a cafe with a view of North Korea
▼ + stars: | 2024-11-29 | by ( Chris Lau | Yoonjung Seo | ) edition.cnn.com time to read: +3 min

The 30-seat cafe is located at the Aegibong Peace Ecopark in Gimpo city, about 20 miles north of the capital Seoul. Reuters“I wish I could share this tasty coffee with the people living in North Korea right in front of us,” local resident Baek Hea-soon, 48, told Reuters. North and South Korea are technically still at war, as no treaty to end the 1950 to 1953 Korean War was ever signed. South Korean veterans drink coffee at an observation deck of the Starbucks Coffee in Gimpo. In January, North Korean leader Kim Jong Un said his country would no longer seek reconciliation and reunification with South Korea.

Persons: South Korea CNN —, Reuters “, Baek Hea, Lim Jong, ”, Kim Byung, SeongJoon Cho, hyeon Kim, Kim Jong Un, Kim Organizations: South Korea CNN, Starbucks, American, Korean, Reuters, Gimpo, Bloomberg, Getty, South Koreans, Korea Tourism Organization, South Locations: Seoul, South Korea, North Korea, Gimpo city, It’s, Kaepung, Vietnam, Gimpo

☆ Bug-bitten oolong? The secret behind Taiwan’s rare honey-flavored tea — and where to enjoy it
▼ + stars: | 2024-11-29 | by ( Maggie Hiufu Wong | ) edition.cnn.com time to read: +10 min

Unlike Taiwan’s ubiquitous bubble tea, mixiang tea is still highly limited and largely off-the-radar. Mixiang tea goes globalNatalie Chiu and Charlie Winkworth-Smith, food scientists and founders of sparkling tea brand Saicho. The farmers couldn’t afford to lose their entire harvest, so they decided to go ahead and roast the bug-bitten tea leaves anyway. Lee says his Gui Fei tea is so popular it often sells out before it can even hit the retail market. Their two sons have joined the family business in recent years and help promote Gui Fei tea whenever they can.

Persons: Lee Ming, cheng, Gui Fei Oolong, Dong Ding Oolong, Oolong, Tea, Natalie Chiu, Charlie Winkworth, Smith, Saicho —, “, Junjie Lin, ”, Lin, Winkworth, Chiu, they’re, Clint Liang, Liang, Dong Ding, “ Gui Fei, Gui Fei, Lee, Chiang, Kuo Huan, don’t, Kuo, Maggie Hiufu Wong, Lee Te Organizations: CNN, Saicho, Harrods, Michelin, Tokyo Chuo, Growers Locations: Nantou, British, Hong Kong, Taiwan, United Kingdom, London, Taipei, Fujian, Lugu, Tokyo, Hsinchu, it’s, Nantou County, Songshan District, Hualien

All Apple iPad Black Friday deals are expected to last until midnight on November 29. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. It's compatible with Apple Intelligence AI features and supports the Apple Pencil Pro and the Apple Pencil (USB-C).

Persons: you've, it's, It's, you'll Organizations: Business, Apple Intelligence, Apple, iPad

☆ A CIA counterterrorism officer's cover was being a comic book author. Now, he's an award-winning writer for DC, working in Hollywood on HBO's 'Lanterns.'
▼ + stars: | 2024-11-29 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +7 min

Now, he's balancing writing comics with working on the "Lanterns" TV series for HBO. So I threw that away and I'd be like, 'Oh, I'm a comic writer.' Pretending to be a comic writer in the CIA meant he was already in the right mindset. AdvertisementIn 2013, he wrote for the Vertigo imprint, before his first work at DC Comics, "Nightwing" — about Batman's former sidekick — was published in 2014. Movies: King is a member of the team developing the "Supergirl: Woman of Tomorrow" movie based on his comic series of the same name.

Persons: Tom King, King, Robert Harras, King's, Tom, they'd, —, Eisner, Lady Shiva, Ryan Sook King, they're, nothing's, Damon Lindelof, Chris Mundy, Hal Jordan, Kyle Chandler, John Stewart, Aaron Pierre, Neal Adams, Neal, Damon, Chris Organizations: CIA, HBO, Marvel, Columbia University, Department of Justice, Business, Pearl, DC Comics, DC, Corps Locations: Los Angeles, New York, Afghanistan, Iraq, Pakistan

☆ FTX scammer Caroline Ellison has already had nearly 4 months shaved from her scheduled release from prison
▼ + stars: | 2024-11-29 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +4 min

AdvertisementCaroline Ellison appears to have had her scheduled prison release date moved up. And it appears that Ellison — the ex-girlfriend of Bankman-Fried, the FTX and Alameda Research founder — has already had her release date moved up. Federal Bureau of Prisons records viewed by Business Insider this week show Ellison's prison release date as scheduled for July 20, 2026 — which is more than three months short of two years. But you're not inviolable," Kaplan told Ellison at the time. "On some level, my brain doesn't even comprehend all the people I harmed," Ellison told the court.

Persons: Caroline Ellison, Sam Bankman, Ellison —, —, Ellison, Lewis Kaplan, couldn't, scot, Kaplan, Fried, Bankman, Sean, Diddy, Combs Organizations: Alameda Research, Correctional Institution, Federal Bureau of Prisons, Business, of Prisons, Metropolitan Detention Locations: Danbury, Connecticut, Bankman, Brooklyn

☆ Why airlines are all-in on new single-aisle planes for transatlantic flights
▼ + stars: | 2024-11-29 | by ( Taylor Rains | ) www.businessinsider.com time to read: +6 min

New single-aisle planes offer cost efficiency, smaller capacity, and flexible cabins. This evolution has been largely propelled by the Airbus A321neo family, smaller planes that can flyer further than previous single-aisle aircraft. In 2024, 39,000 flights between North America and Europe are scheduled on single-aisle planes made by Boeing and Airbus, according to data from Cirium, an aviation analytics company. AdvertisementAirbus is pioneering this narrow-body shiftSuch a focus on single-aisle planes that can tackle long flights has been a boon for Airbus. Plus, single-aisle flying allows for quicker boarding and deplaning, which may be welcome time-savings for some customers — especially during tight layovers.

Persons: A321XLR, Patrick Quayle, Widebodies Organizations: Boeing, Airbus, JetBlue, United Airlines, Newark Liberty, WOW, Boston, Tap Air, Aer Lingus, Delta Air Lines, Wizz Air, Compagnie Locations: North America, Europe, That's, New York, Malaga, Spain, Chicago, Shannon, Ireland, Iberia, Madrid, Tap Air Portugal, Los Angeles, Hungarian, Boston

☆ The most auspicious year for Chinese births is almost over. For dragon babies, the competition is just getting started.
▼ + stars: | 2024-11-29 | by ( Kwan Wei Kevin Tan | Aditi Bharade | ) www.businessinsider.com time to read: +9 min

"Dragon babies are, for the most part, intensely desired and prized by their parents. Seah said dragon babies will also have a tougher time looking for jobs after graduation. AdvertisementThe study also found that Chinese dragon babies were 2.3% less likely to gain admission to local universities in Singapore. But the latest crop of dragon babies may have it easier, with competition evening out as birth rates drop. Dragon babies might have once been subject to great pressure to exceed expectations, but Gietel-Basten says he'd be "surprised" if that same level of pressure would be applied to 2024's dragon babies as they grow older.

Persons: Jackson Koh, Koh, it'll, It's, Fatih Aktas, —, Cheng Ong, Melissa Anne Lim, Lim, Kelvin Seah, Seah, Stuart Gietel, he'd, Basten, that's, Chen Qibao, Lee Hsien Loong, Lee, Qian Wenlan, Qian Organizations: Singapore's Nanyang Technological University, Getty, Singapore's Department of Statistics, National University of Singapore, NUS, Business, Singapore —, Hong Kong University of Science, Technology, Publishing, Getty Images, National Bureau of Statistics, Singaporean Locations: Singapore, Asia, Fatih, Anadolu, China, Basten, Getty Images China, China's, Xinhua, Seoul, South Korea

Many picks from our expert-tested best mattress guide are significantly discounted for Black Friday, including our top-rated mattress, the Leesa Sapira Hybrid. View at Leesa What we like Check mark icon A check mark. View at Walmart What we like Check mark icon A check mark. View at WinkBeds What we like Check mark icon A check mark. View at Sleep Number What we like Check mark icon A check mark.

Persons: we've, it's, Pick, contouring Organizations: Business, Black, Walmart, Bear, Labor Locations: Birch, Tempur

☆ How did Nvidia expand nearly 20-fold in just over 20 years?
▼ + stars: | 2024-11-29 | by ( Hallam Bullock | ) www.businessinsider.com time to read: +4 min

In today's newsletter, we're looking at how Nvidia expanded nearly 20-fold in just over 20 years . The big storyNvidia's meteoric riseNvidia's workforce has increased more than 20-fold in the last twenty years. The data behind the evolution of Nvidia's workforce tells the story, BI's Emma Cosgrove writes. Nvidia's workforce has grown nearly 20-fold since 2003. In 2019, Microsoft's median employee salary was nearly $20,000 higher than a Nvidia worker.

Persons: Hallam Bullock, London ., Anna Kim, Getty, Tyler Le, BI's Emma Cosgrove, Andy Kiersz, it's, Emma, Ella Hopkins, Milan Sehmbi Organizations: Business, Nvidia, Citi, Tech, Google, Microsoft, Apple Locations: London, Silicon Valley

☆ 15 up-and-coming AI-powered fintech startups, according to top VCs
▼ + stars: | 2024-11-29 | by ( Bianca Chan | Michelle Abrego | ) www.businessinsider.com time to read: +1 min

AdvertisementBusiness Insider asked 27 venture-capital investors to nominate the most promising fintechs. Here are the top 15 AI fintechs, according to VCs. Earlier this year, Business Insider asked dozens of VCs to identify the most promising fintechs to watch. Indeed, it is difficult to point to one area of finance where AI startups aren't threatening to change the way people bank, invest, save, and work. Here are 15 of the most promising AI fintechs to watch, according to top VCs.

Persons: fintechs Organizations: Wall, Business

☆ MBB explained: How hard it is to get hired and what it's like to work for the prestigious strategy consulting firms, McKinsey, Bain, and BCG
▼ + stars: | 2024-11-29 | by ( Kelsey Vlamis | Lakshmi Varanasi | Tim Paradis | ) www.businessinsider.com time to read: +5 min

AdvertisementMcKinsey, Bain, and BCG are top strategy consulting firms with low acceptance rates. McKinsey & Company, Bain & Company, and Boston Consulting Group — collectively referred to as MBB — are widely considered the top three strategy consulting firms in the world. Sometimes referred to as the Big Three, MBB firms are among the most prestigious consulting firms and their clients include many Fortune 500 companies as well as government agencies. MBB firms typically offer highly competitive salaries, generally paying more than other consulting firms, and often come with demanding work responsibilities and expectations. The MBB firms are strategy and management consulting firms.

Persons: Jessica Apotheker, Jobs, It's, Bob Sternfels, Christoph Schweizer, Rich Lesser, Amber Grewal, Alicia Pittman, BCG's, Bain & Company Bain, Bain, Christophe De Vusser, Davis Nguyen Organizations: McKinsey, Bain, Fortune, McKinsey & Company, Bain & Company, Boston Consulting Group, Big, Deloitte, EY, KPMG, Company McKinsey, Business, Boston Consulting, Financial Times, undergrads Locations: New York City, undergrad, Boston

☆ Canada is Google's latest antitrust legal challenger
▼ + stars: | 2024-11-29 | by ( Ellen Thomas | ) www.businessinsider.com time to read: +2 min

AdvertisementCanada's antitrust watchdog is suing Google. It's the latest in a series of legal challenges brought against the tech giant. Canada's antitrust watchdog is suing Google over its anti-competitive conduct in its adtech business, the country's Competition Bureau said Thursday. Related Video Apple's antitrust lawsuit is just one of its major battlesThe antitrust watchdog said Google is the largest provider of adtech services in Canada and has "abused" its position to maintain market dominance. This suit is the latest in a series of legal challenges against Google for alleged anti-competitive behavior.

Persons: Amit Mehta, Judge Mehta Organizations: Google, Department of Justice, of Locations: Canada, Eastern, of Virginia

☆ How Amazon revamped its AI-sales machine to compete with OpenAI, Microsoft, and Google
▼ + stars: | 2024-11-29 | by ( Eugene Kim | ) www.businessinsider.com time to read: +11 min

AdvertisementAWS faces competition from OpenAI, Microsoft, and Google in AI, risking its cloud dominance. It offers new financial incentives for AI sales. "This is a great time to partner with our sales teams for this #OneTeam effort," AWS said in an internal memo obtained by Business Insider. Many AWS sales teams have new performance targets tied to AI products. The Find One, Launch One, Ramp One initiative includes AWS sales architects.

Persons: Matt Garman, Einat Weiss, they're, salespeople, Garman, AWS's, Microsoft Satya Nadella, Justin Sullivan, Q, hasn't Organizations: Microsoft, Google, North, Business, AWS, Messaging, Amazon, BI, there's, Amazon Connect Locations: OpenAI, North America

☆ Ted Danson says he's thankful for not meeting his wife earlier
▼ + stars: | 2024-11-29 | by ( Amanda Goh | ) www.businessinsider.com time to read: +2 min

AdvertisementTed Danson is thankful he didn't meet his wife, Mary Steenburgen, until later in life. "I was not really fully emotionally baked until shortly before I met Mary," Danson told People. Ted Danson has one thing to be grateful for this year — not meeting his wife, Mary Steenburgen, until later in life. The year before he met Steenburgen, he made a commitment to work on himself. AdvertisementDanson and Steenburgen met in 1983 when he auditioned to play her on-screen husband in "Cross Creek."

Persons: Ted Danson, didn't, Mary Steenburgen, Mary, Danson, Steenburgen, Steenburgen would've, Lindsay C, Gibson, Dr Organizations: Business

☆ Store-brand stuff is having a moment
▼ + stars: | 2024-11-29 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

AdvertisementShoppers are still buying store brands at the grocery store and beyond to save money. Retailers from Walmart to Amazon Fresh have launched new store brands this year. Shoppers are still reaching for store-brand items to save money on everything from organic milk to business casual clothing — even as inflation slows. AdvertisementCircana said store brands made up 25.5% of grocery items sold in 2023, up from 24.7% the previous year. AdvertisementAldi quality tests 35,000 products a year for its store brands, Patton said.

Persons: John Rainey, Target, Nordstrom, Nordstrom's, Peter Nordstrom, Circana, Scott Patton, Patton Organizations: Private, Retailers, Walmart, Amazon, Shoppers, Unilever, Procter, Gamble, Saver, Nordstrom, Aldi, Aldi USA

☆ Is the vibecession about to end?
▼ + stars: | 2024-11-29 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

Optimism surged post-2016 election, with small businesses planning to hire more employees. Yes, that's a portmanteau of vibes and expansion, and it's the upbeat version of its better-known cousin, the vibecession. Advertisement"Small business owners lean Republican," said Oliver Allen, a senior US economist at Pantheon Macroeconomics, in a November 12 note. Goldman Sachs"After Donald Trump was elected the 45th President in November 2016, the National Federation of Independent Businesses (NFIB) small business optimism index skyrocketed. "We expect an improving small business operating environment will boost the sentiment and spending of SMBs in 2025 and lift the earnings and valuation of stocks with revenues tied to that spending."

Persons: Kyla Scanlon, National Bureau of Economic Research hasn't, there's, Donald Trump's, Oliver Allen, Goldman Sachs, Donald Trump, David Kostin, they're, Daniel Zhao, Louis, Zhao Organizations: National Bureau of Economic Research, Pantheon, National Federation of Independent Businesses, Chief US, Economics, Workers, Glassdoor, Louis Fed Locations: St

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