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☆ Visa and Mastercard execs grilled by senators on 'duopoly,' high swipe fees
▼ + stars: | 2024-11-19 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +4 min

Interchange fees, also known as swipe fees, are paid from a merchant's bank account to the cardholder's bank, whenever a customer uses a credit card in a retail purchase. "In 2023 alone, Visa and Mastercard charged merchants more than $100 billion in credit card fees, mostly in the form of interchange fees," Durbin told the committee. Visa and Mastercard, however, stand by their swipe fees. But the current high credit card swipe fees for retailers translate to higher prices for consumers, the National Retail Federation told the committee in a letter ahead of the hearing. "Last year, the average American spent $1,100 in swipe fees, more than they spent on pets, coffee or alcohol."

Persons: Bill Sheedy, Linda Kirkpatrick, Democratic Illinois Sen, Dick Durbin, Durbin, Republican Kansas Sen, Roger Marshall, Ryan McInerney, Sheedy, Americas Linda Kirkpatrick, Dodd, Frank, Roger Alford, General Merrick Garland Organizations: Visa, Americas, Mastercard, Committee, Democratic Illinois, Republican Kansas, Credit, National Retail Federation, Notre Dame University Locations: Washington ,

☆ New rule may make it easier to switch banks and transfer your financial data
▼ + stars: | 2024-10-31 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +6 min

A new regulatory rule finalized this month by the Consumer Financial Protection Bureau aims to reduce that hassle and make it easier, more secure and always free for customers to switch accounts or to simply transfer or share their financial data from their banks, credit card issuers and other financial service providers upon request. “The problem the CFPB (rule) is addressing is the paperwork required of consumers to change accounts. Financial providers must make this information available without charging fees.”The rule will also restrict how third parties may use and retain the data consumers request be shared. Banks push backThe banking industry wasted no time in expressing its displeasure with the new rule — known as the personal financial data rights rule. “Dodd-Frank only requires banks to provide financial data to consumers.

Persons: it’s, ”, Adam Rust, Rohit Chopra, ” Rust, “, That’s, ” Chopra, Banks, Rob Nichols, —, ” Jaret, “ Dodd, Frank, ” Seiberg, Chopra, they’ve Organizations: CNN, Consumer Federation of America, Consumer Financial, Federal Reserve Bank of Philadelphia, American Bankers Association, Bank Policy Institute, Kentucky Bankers Association and, Cowen Washington Research Group Locations: Kentucky Bankers Association and Kentucky, Las Vegas

☆ Greatest player ever? After Shohei Ohtani’s first World Series title, there’s a ‘legitimate argument’
▼ + stars: | 2024-10-31 | by ( Rustin Dodd | ) www.nytimes.com time to read: +8 min

(I’m) extremely honored to be a part of this.”On the field, Ohtani’s first World Series had not gone quite to plan. “I think there’s a legitimate argument that he’s the greatest player to ever play the game,” Friedman said. The case is also historical: The World Series has been played for more than a century. And somewhere was Freddie Freeman, the World Series MVP and two-time champ. “Not just technically, but also my professionalism.”He was, at last, a World Series champion.

Persons: Shohei Ohtani, Takashi Harada, Hiroshi Sasaki, Sasaki, Harada, Ohtani, ”, ” Ohtani, Hanamake, Tommy John, Kendrick Lamar, Andrew Friedman, Mark Walter, Walter, Friedman, “, ” Friedman, ’, Kiyoshi Mio, Dave Roberts, Walker Buehler, Albert Pujols, Alex Rodriguez, Stan Musial, Yogi Berra, Mickey Mantle, Mike Schmidt, Roy Campanella, Jimmie Foxx, ” Roberts, Stan Kasten, “ We’re Jackie, Sandy, We’re Fernando, Mookie Betts, Freddie Freeman, Yoshinobu Yamamoto, Betts, Freeman, Roberts, “ I’ve, that’s, Mike Lawrence Organizations: Hanamake, High School, Nippon Professional Baseball, Los Angeles Angels, Dodgers, Los Angeles Dodgers, New York Yankees, Yankee, ” Dodgers, Major, Baseball, of Famers, Dodger Locations: Japan, Hanamake Higashi, Iwate Prefecture, Los Angeles, New York, Hanamake

☆ Yankees fans ejected after ripping ball from Mookie Betts’ glove during Game 4 of World Series
▼ + stars: | 2024-10-30 | by ( Ben Morse | ) edition.cnn.com time to read: +9 min

CNN —Two New York Yankees fans were ejected from Game 4 of the World Series after ripping the ball from Los Angeles Dodgers star Mookie Betts’ glove on Tuesday. They would go on to win 11-4 and cut the Dodgers' series lead to 3-1. Elsa/Getty Images Fans celebrate after the Yankees won Game 4. Mary DeCicco/MLB Photos/Getty Images Yankees outfielder Juan Soto hits a solo home run in the third inning of Game 2. Daniel Shirey/MLB Photos/Getty Images Dodgers fans celebrate a home run hit by Tommy Edman in the second inning of Game 2.

Persons: Mookie Betts, Betts, Gleyber Torres, Torres, ” Joe Davis, John Smoltz, won’t, Rustin Dodd, … it’s, “, “ We’re, Anthony Volpe, Elsa, Mike Lawrence, Brent Honeywell, Volpe, Anthony Rizzo, Seth Wenig, Luke Hales, Al Bello, Freddie Freeman, Ashley Landis, Giancarlo Stanton, Will Smith, Frank Franklin II, Freeman, Daniel Shirey, Stanton, Alex Slitz, Maddie Meyer, Sarah Stier, Smith, Alex Vesia, Harry, Michael Kopech, Jayne Kamin, Yoshinobu Yamamoto, Yamamoto, Julio Cortez, Shohei Ohtani, Mary DeCicco, Juan Soto, Tommy Edman, Rob Tringali, Carlos Rodón, — Kirk Gibson’s, Gibson, Steph Chambers, Nestor Cortes, Alex Verdugo, Jazz Chisholm, Mark J, Terrill, Aaron Judge, Brusdar Graterol, Enrique Hernández, Jack Flaherty, Fernando Valenzuela, Valenzuela, ”, Gina Ferazzi, Brad Paisley, ” Betts, I’ve, ” It’s Organizations: CNN, New York Yankees, Los Angeles Dodgers, Yankees, Dodgers, Fox, New York, Athletic, ESPN, MLB, Getty, North, AP Yankees, The Dodgers, Yankee, USA, Sports, Reuters, AP Dodgers, Dodger, Los Angeles Times, Venezuelan Locations: North America, LA’s

☆ Breakfast with Ohtani: In Japan, watching this World Series may be the national pastime
▼ + stars: | 2024-10-25 | by ( Rustin Dodd | ) www.nytimes.com time to read: +14 min

At World Series Media Day on Thursday, no one was a bigger draw than Ohtani. Ninomiya, 59, grew up in the city of Oita, obsessing over books about Japanese baseball history. The comings and goings of Mamiko Tanaka and Ohtani are regular fodder for Japanese morning shows. In Japan, Ohtani is the face of countless advertising campaigns. Ohtani’s presence — along with starting pitcher Yoshinobu Yamamoto — could help the Japanese World Series audience approach those heights.

Persons: Shohei Ohtani, Tatsuo Shinke, Ohtani, Shinke, Emiko, ” Shinke, “, She’s, Katharine Lotze, Michael Jordan, David Beckham, doesn’t, ”, Robert Whiting, —, Rahm Emanuel, Chicago ”, Jordan, ” Emanuel, Whiting, Hideo Nomo, Ichiro Suzuki, Hideki Matsui, Nomo, Japan — Whiting, Suzuki, Yu Darvish, Tomoki Negishi, I’ve, ” Negishi, Masanori, Negishi, I’m, Chen Liang, Ninomiya, ” Ninomiya, ” Ohtani, Ippei Mizuhara, Mizuhara, It’s, Mamiko Tanaka, Stringer, Hiroshi Kitamura, William & Mary, Aaron, Judge, Fernando, Tatis, Ronald, Acuna, Foster Griffin, Griffin, ” Griffin, Ryan Yamazaki, Bobby Valentine, Yoshinobu Yamamoto —, Rob Manfred, “ Smart, ” Yamazaki, Shigeru Ishiba, Machiko Kondo, Kondo, Ichiro, ” Whiting, she’s, Andy McCullough, Sam Blum, Dan Goldfarb, Jayne Kamin Organizations: Mint, Major League Baseball, Los Angeles Dodgers, Ohtani’s Dodgers, New York Yankees, Los Angeles Angels, Dodgers, Padres, National League, Nikkei, Yankees, Asahi Shimbun, Japan’s Pacific League, Ninomiya, UCLA, NHK, Hokkaido, Ham Fighters, Angels, MLB, Pacific, William &, Kansas City Royals, Yomiuri Giants, Mets, Chiba Lotte Marines, Baseball, WBC, Chicago Cubs, San Diego Padres, Athletic, Fuji, United Nations Locations: Japan, Tokyo, Ohtani, United States, America, American, U.S, Chicago, —, Ōta, Oita, ”, Hokkaido Nippon, Osaka, Fukuoka, Sapporo, South Korea

☆ What we learned in the LCS round: Bullpen dominance, Soto significance, money talks
▼ + stars: | 2024-10-21 | by ( Rustin Dodd | Sam Blum | ) www.nytimes.com time to read: +8 min

Bring on the most anticipated World Series in recent memory. The bullpens could decide the World SeriesThe Yankees’ series victory over the Guardians offered two gifts for Yankee fans:The club’s first World Series appearance since 2009. Not bad for an outfielder who will turn 26 on Friday — on the opening day of the World Series. This is not the roster that Los Angeles thought would carry them to the World Series way back in March. Can Freddie Freeman get back on the field for the World Series?

Persons: Mariano Rivera, Cleveland’s Emmanuel Clase, Clase, Rivera, Nobody, Aaron Judge, Giancarlo Stanton, Juan Soto, Soto, Alex Gordon, Jayson Werth, Shin, Soo Choo, salivating, Cleveland’s Hunter Gaddis — Soto, It’s, He’s, Ted Williams, you’re, Tyler Glasnow, Clayton Kershaw, Alex Vesia, River Ryan, Gavin Stone, Bobby Miller, James Paxton, Tommy Edman, Walker Buehler, Freddie Freeman’s, Teoscar Hernández, Will Smith, they’d, they’re, Freddie Freeman, Harry, Freeman, Max Muncy, Dave Roberts, Luke Hales Organizations: Major League Baseball, Dodgers – Yankees, Phillies, Diamondbacks, Rangers, Dodgers, Yankees, League, Yankee, Yankees ’, Guardians, Washington Nationals, Baseball, Astros, Padres, Mets, Dodger, Atlanta Braves Locations: Angeles

☆ Yankees, Dodgers to square off in World Series: 5 storylines to watch
▼ + stars: | 2024-10-20 | by ( Marc Carig | Tyler Kepner | ) www.nytimes.com time to read: +8 min

For the first time in 43 years, two of baseball’s bluebloods are squaring off in the World Series. Finally, it will happen with Aaron Judge and Shohei Ohtani making their respective World Series debuts against one another. Of course, baseball’s postseason is often defined by upsets, and not since 2013 has the World Series featured a matchup of each league’s top team. The Juan Soto ShowcaseThe World Series begins Friday, which is Juan Soto’s 26th birthday. When the Yankees eliminated the Guardians on Saturday night, the last three clubs standing — the Dodgers, Yankees and Mets — were also one-two-three in payroll when the season began.

Persons: Shohei Ohtani, Aaron Judge, Shohei, Nick Cammett, Ohtani, Judge, he’s, Aaron Boone, Dave Roberts, Roberts ’, Roberts, Boone, Clay Holmes, Jason Miller, —, Anthony Volpe, Jazz Chisholm, Giancarlo Stanton, Juan Soto, Juan Soto’s, Soto, Tim Britton, there’s, Steve Cohen, Rustin Dodd, Sean M Organizations: Los Angeles Dodgers, New York Mets, National League, American League, New York Yankees, Los Angeles Angels, Dodgers, Yankees, Baseball, NL, Mets, MLB, Kansas City Royals, East Locations: Los Angeles, pinstripes, Los Angeles and New York, Ohtani

☆ Yankees ride strong performance from Gerrit Cole over Royals, advance to ALCS: Takeaways
▼ + stars: | 2024-10-10 | by ( Rustin Dodd | Tyler Kepner | ) www.nytimes.com time to read: +6 min

The Yankees will host Games 1 and 2 of this ALCS and, if needed, Games 6 and 7. Yankees veterans show upWhen the Yankees needed them most, their veterans finally showed up en masse. Then the baseball fell to earth, dropping harmlessly into the glove of Yankees right fielder Juan Soto, just in front of the fence. According to the official scorer at Kauffman Stadium, the wind was blowing from right field to left field at 6 mph at first pitch. Not at Kauffman Stadium, where the power alleys are 387 feet from home plate and straight-away right field is more than 370 feet away.

Persons: Rustin Dodd, Tyler Kepner, Chris Kirschner, Brendan Kuty, Derek Jeter, Alex Rodriguez, Gleyber Torres, Juan Soto’s, Jon Berti, Torres, Alex Verdugo, Aaron Judge, Austin Wells, Giancarlo Stanton —, —, Gerrit Cole, Cole, Kyle Isbel, Juan Soto, MJ Melendez, Royals ’, Matt Quatraro, Lucas Erceg, Michael Wacha, Quatraro, Erceg, Soto, Giancarlo Stanton, Anthony Volpe, Yuli Gurriel, Jazz Chisholm, Chisholm, “, ”, Chisholm, Michael Massey, Maikel Garcia, Garcia, Volpe, Bobby Witt Jr, Vinnie Pasquantino, Mary DeCicco Organizations: Brendan Kuty KANSAS CITY, American League, New York Yankees, Yankees, Kansas City Royals, Kauffman, Tigers, Royals, Yankee, — Sportsnet, Kansas City Locations: Brendan Kuty KANSAS, Cleveland, Detroit, Texas, Houston, Austin, Kansas

☆ Voyager 1 survives clogged thruster issue billions of miles away
▼ + stars: | 2024-09-16 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

CNN —Engineers at NASA have successfully fired up a set of thrusters Voyager 1 hasn’t used in decades to solve an issue that could keep the 47-year-old spacecraft from communicating with Earth from billions of miles away. Currently the farthest spacecraft from Earth, Voyager 1 is about 15 billion miles (24 billion kilometers) away. Earlier this year, engineers spotted an issue when the fuel tube inside one of Voyager’s thrusters became clogged. Engineers switched again to the trajectory correction thruster set in 2018 when the second set also appeared clogged. Once the spacecraft has exhausted this thruster set, Voyager 1’s remaining option is the other already clogged set of attitude propulsion thrusters.

Persons: Calla, ”, It’s, Todd Barber, Suzanne Dodd, ” Barber Organizations: CNN — Engineers, NASA, Jet Propulsion Laboratory, JPL, Caltech, Engineers Locations: Pasadena , California

☆ Jeff Bezos says he wants '2 kids in a dorm room' to be able to make the next great space company
▼ + stars: | 2024-09-06 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +1 min

Jeff Bezos said he aims to make space travel affordable through Blue Origin. Bezos wants to lower costs to enable innovation, likening it to internet growth that led to Amazon. He left Amazon to focus on Blue Origin, emphasizing its potential for humanity. AdvertisementJeff Bezos said on a Blue Origin tour that he wants the company to make space travel so cheap that "two kids in a dorm" can make the next space mega-company. Dodd interviewed Bezos while he gave a tour of the massive facility Blue Origin will use to launch its rockets into space.

Persons: Jeff Bezos, Bezos, —, YouTuber Tim Dodd, Dodd Organizations: Origin, Amazon, Service, Glenn, Business Locations: Cape Canaveral , Florida

☆ Pregnant shark monitored by scientists eaten by a larger predator
▼ + stars: | 2024-09-06 | by ( Ashley Strickland | ) edition.cnn.com time to read: +9 min

Habitat loss, overfishingand their fate as bycatch in fishing nets have threatened porbeagle shark populations. Northwest Atlantic porbeagle sharks are listed as vulnerable on the International Union for Conservation of Nature Red List of Threatened Species. The team pieced together several factors that indicated the shark had been eaten and the tag excreted by a larger predator that gobbled up the shark, Anderson said. Unusual suspectsPorbeagles belong to a family called lamnid sharks, which also includes great white sharks and mako sharks. Gutteridge, who was not involved in the study, agrees that a white shark is the most likely culprit.

Persons: ”, Brooke Anderson, ” Anderson, —, Jon Dodd, Anderson, porbeagles, “, porbeagle, James Sulikowski, Shortfin, chow, It’s, Adrian Gutteridge, ” Gutteridge, they’re Organizations: CNN, Marine Science, North Carolina Department of Environmental, International Union for Conservation of, Marine Stewardship Council, International Union for Conservation, Specialist Locations: Cape Cod, Massachusetts, Bermuda, Canada, New England, Atlantic

☆ Deep-water murder mystery leads scientists to a novel type of shark-on-shark predation
▼ + stars: | 2024-09-03 | by ( Evan Bush | Evan Bush Is A Science Reporter For Nbc News. | ) www.nbcnews.com time to read: +4 min

Just weeks before a pregnant porbeagle shark was expected to give birth, one of the two tracker tags marine scientists had placed on the animal floated to the surface near Bermuda. Of 11 porbeagle sharks researchers tagged, eight were pregnant, including this one. Before this, researchers didn’t think it was even possible that porbeagle sharks could be preyed upon, she added. The team’s original goal was to trace pregnant porbeagle sharks throughout their pregnancy and figure out where the creatures typically go to give birth. Porbeagle sharks are listed as vulnerable by the International Union for Conservation of Nature because they were overfished beginning in the 1960s.

Persons: “, ”, Brooke Anderson, ” Anderson, Jon Dodd “, Anderson, Matt Davis, Davis Organizations: Arizona State University, Marine, NASCAR, Maine Department of Marine Resources, International Union for Conservation Locations: Bermuda, Cape Cod , Massachusetts, believability, ”

☆ Low volatility ETFs have outperformed the market in this summer swoon. Here's what to know
▼ + stars: | 2024-08-13 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +6 min

To start, the major funds that are marketed as "low volatility" or "minimum volatility" have been living up to the label. JPMorgan Asset Management has been a leader in this area, with Equity Premium Income ETF (JEPI) and Nasdaq Equity Premium Income ETF (JEPQ) now holding more than $48 billion in combined assets, according to FactSet. Another area is preferred stock funds. The biggest preferred stock ETF, the iShares Preferred & Income Securities ETF (PFF) , has gained 0.5% in the third quarter, though it has dipped 1.4% over the past month. "And those call features of a growing part of the preferred market has also helped in terms of the rate volatility and the impact."

Persons: Robert Hum, It's, it's, Hum, Yang Tang, John Burrello, Gary Kessler, Dodd Frank, Kessler Organizations: Trust, JPMorgan Asset Management, Nasdaq Equity, Nasdaq, Income Securities ETF, Goldman Sachs Asset Management, Preferred, Hybrid Securities, Federal Reserve Locations: BlackRock

☆ 'Bridgerton' finally confirmed its season 4 lead — here's everything we know about the next season
▼ + stars: | 2024-07-23 | by ( Olivia Singh | Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +10 min

AdvertisementBenedict's love story will be the focus of season 4Luke Thompson as Benedict Bridgerton on season three, episode one of "Bridgerton." The official logline for next season reads: "The fourth season of 'Bridgerton' turns its focus to bohemian second son Benedict (Luke Thompson). AdvertisementLuke Newton and Nicola Coughlan will reprise their roles as Colin and Penelope Bridgerton in season 4Luke Newton and Nicola Coughlan on season three of "Bridgerton." Ashley told reporter Josh Rom during a "Bridgerton" season three screening premiere on Wednesday that she will return for season four. 'Bridgerton' season 4 won't come out until 2026Martins Imhangbe as Will Mondrich and Luke Thompson as Benedict Bridgerton on season three, episode two of "Bridgerton."

Persons: —, Benedict Bridgerton's, Colin Bridgerton, Luke Newton, Penelope Featherington's, Nicola Coughlan, Polin, Benedict, Luke Thompson, Benedict Bridgerton, Liam Daniel, Thompson, Eloise Bridgerton, Claudia Jessie, Francesca Bridgerton, Hannah Dodd, John Stirling, Victor Alli, Michaela Stirling, Masali, she'd, Julia Quinn's, Sophie Beckett, Sophie, Araminta Gunningworth, Brownell, loath, Silver, Colin, Penelope Bridgerton, Netflix Coughlan, TheWrap, Newton, Jess Brownell, Whistledown, he's, Simone Ashley, Kate, Jonathan Bailey, Anthony, Anthony Bridgerton, Ashley, Bailey, Josh Rom, Kate Sharma, Cressida Cowper Jessica Madsen, Cressida Cowper, Jessica Madsen, Lady Whistledown, Penelope, Cressida, Cowper, we've, Martins Imhangbe, Will Mondrich, room's, We've, Adjoa Andoh, " Brownell, It's, there's Organizations: Service, Netflix, Business, coy, Entertainment, Teen Vogue, Hollywood Reporter, Los Angeles Times, Danbury, LA Times Locations: Scotland, India, Kanthony, Wales

☆ 8 of the biggest stock market crashes in history — and how they changed our financial lives
▼ + stars: | 2024-07-19 | by ( Rebecca Reisner | Richard Richtmyer | ) www.businessinsider.com time to read: +20 min

While the triggers for stock market crashes vary, the ultimate outcome is always the same: the market recovers. Here's a summary of eight of the most notable stock market crashes in history, their causes, and their fallout. Stock market crash FAQWhat happens when a stock market crashes? Numerous things can cause a stock market to crash, including:PanicNatural or man-made disastersEconomic crisesSpeculationCan a stock market crash be prevented? Unlike a bear market, stock market corrections are often short and usually work themselves out.

Persons: It's, Terry Marsh, Here's, Stocks, Carola Frydman, J.P, Morgan, —, Blair Hull, Alan Greenspan, Marc Chandler, Marsh, weren't, Tyler Muir, Thai bhat, Paula Bronstein, Stringer, Chandler, chipmaker, WebVan.com, Muir, The, Lehman Brothers, NICHOLAS ROBERTS, homebuyers, Bear, Lehman, Fannie Mae, Freddie Mac, Dodd, Frank Wall, Europe —, Italy — Organizations: Federal Reserve System, SEC, FDIC, Haas School of Business, University of California, Federal Reserve, United Copper Company, UCC, Kellogg School of Management, Northwestern University, Federal, System, Dow Jones, Gross, Federal Deposit Insurance Corporation, Securities and Exchange Commission, Dow, Nasdaq, Chicago, Black, Bannockburn Global Forex, UCLA Anderson School of Management, Getty, Asia, International Monetary Fund, chipmaker Qualcomm, The Sarbanes, Oxley, Investors, Financial, Bear Stearns, Lehman Brothers, Nikkei, US, Asset, Frank Wall Street Reform, Consumer, Consumer Financial, Dow Jones Industrial, Center, Budget, Stock, Corrections Locations: University of California Berkeley, AFP, Iran, Bannockburn, Japan, Thai, Asia, Thailand, Malaysia, Indonesia, South Korea, COVID, China, Europe, Italy, Chevron

The ruling came on the final day of the Supreme Court's term that began in October. At issue in the case was whether Corner Post was too late when it brought its legal challenge. A group of small business associations had filed a brief urging the Supreme Court to maintain a strict statute of limitations that begins at the time a regulation is finalized. The Supreme Court in 2015 left in place a lower court's ruling backing the regulation. Circuit Court of Appeals upheld Traynor's decision, setting up the Supreme Court appeal.

Persons: Dado Ruvic, Charles Koch's, Joe Biden's, Dodd, Frank Wall, Daniel Traynor, Traynor's, John Kruzel, Will Dunham Organizations: REUTERS, Companies, Mastercard, WASHINGTON, U.S, Supreme, Federal, U.S . Chamber of Commerce, Federal Reserve, of Governors, District, Circuit, Fed, Thomson Locations: North Dakota, Watford City, Corner, St, Louis

☆ The Supreme Court just made it much harder to go after financial fraud
▼ + stars: | 2024-06-27 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +3 min

Read previewThe Supreme Court dealt a blow to the US Securities and Exchange Commission in a ruling Thursday, sharply limiting the way it pursues financial fraud cases. Until Thursday, the SEC had two ways of pursuing fraud cases. Or it could bring an "administrative proceeding" in its own in-house court, where it appoints its own judges and the cases have no juries. They handle all sorts of cases, not just financial fraud. Justice Sonia Sotomayor, who wrote the dissenting opinion, wrote that the majority decision disrespected the separation of powers between the different branches of government.

Persons: —, John Roberts, Roberts, Dodd, Frank, George Jarkesy Jr, Justice Sonia Sotomayor, Sotomayor Organizations: Service, US Securities and Exchange Commission, SEC, Business, US Senate, Department of Labor, Occupational Safety, Health Administration Locations: United States

☆ Some disgruntled 'Bridgerton' fans are turning on the showrunner
▼ + stars: | 2024-06-27 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +14 min

A two-part release schedule sidelined Colin and Penelope's story for other character arcsLuke Newton as Colin Bridgerton and Nicola Coughlan as Penelope Featherington on season three, episode two of "Bridgerton." "I'm so disappointed honestly by 'Bridgerton' season three, part two," TikToker @lightfrommars said in one video that's been viewed over 770,000 times. Complaints from 'Bridgerton' fans could affect the show — though it's probably safe for nowDoes this spell doom for the Bridgertons? "Bridgerton" season three also topped Nielsen's streaming chart, with 2.19 billion viewing minutes. AdvertisementSo no matter how mad the "Bridgerton" fans are — and how much some factions may insist they're not watching anymore — I'd put my money on the romantic drama's continuation.

Persons: —, Colin Bridgerton, Luke Newton, Penelope Featherington, Nicola Coughlan, Jess Brownell, Chris Van Dusen, Francesca Bridgerton's, Hannah Dodd, Julia Quinn, Phoebe Dynevor, Jean Page, Colin, Liam Daniel, Simon Basset, Daphne Bridgerton, Anthony Bridgerton, Jonathan Bailey, Kate Sharma's, Simone Ashley, Breadcrumbing Penelope, TikToker @lightfrommars, …, John Stirling, Victor Alli, Benedict Bridgerton's, Luke Thompson, Lady Tilley Arnold, Hannah New, Anthony, Kate, Violet Bridgerton, Ruth Gemmell, Danbury's, Lord Anderson, Daniel Francis, it's, we've, Penelope, Bridgerton, Brownell, Eloise Bridgerton, Colin doesn't, he's miffed, Colin's, Polin, Kanthony, Tom Verica, TikToker notwildlin, Maia Douglas, Douglas, Coughlan, Francesca, Michaela Stirling, Michael Stirling, Marie Soledad, fatphobia, she's, Masali Baduza, Netflix There's, Michael, Abbie Mills, We're, Van Dusen, Jenna Ortega, they're, — I'd Organizations: Service, Netflix, Business, Instagram

☆ How 'Bridgerton' Merch, Brand Collabs, and Marketing Made Regency Era Cool Again
▼ + stars: | 2024-06-25 | by ( Olivia Singh | ) www.businessinsider.com time to read: +14 min

Advertisement'Bridgerton' provided escapist entertainment during a period of isolationPhoebe Dynevor as Daphne Bridgerton and Regé-Jean Page as Simon Basset in season one of "Bridgerton." Will Tilston, Florence Hunt, Luke Thompson, Ruth Gemmell, Luke Newton, and Nicola Coughlan in "Bridgerton" season three. Not only did "Bridgerton" fans read the novels, but they showed off the books themselves — original editions, newer covers, and limited edition variant box sets — on BookTok. Bath & Body Works teamed up with "Bridgerton" to create a 36-piece collection of candles, body care, and more. Not only did Bath & Body Works' "Bridgerton" products sell well, Cooper said, but they helped attract younger customers to stores thanks to promotional efforts on social media, where the "Bridgerton" campaign was the company's "most engaged" effort of the year.

Persons: Jonathan Bailey, he'd, Anthony Bridgerton, Bailey, Julia Quinn's, It's, That's, Charlotte, Phoebe Dynevor, Daphne Bridgerton, Jean Page, Simon Basset, Liam Daniel, Bridgerton, Chris Van Dusen, Rhimes, Cat Quinn, Quinn, Will Tilston, Florence Hunt, Luke Thompson, Ruth Gemmell, Luke Newton, Nicola Coughlan, Netflix Julia Quinn's, Penelope Featherington, Shondaland, Cassandra Morales Thurswell, Daphne Bridgerton's, Tea, Colin Bridgerton, Eloise Bridgerton, Francesca Bridgerton, Earl Grey, Kristina Tucker, Maurice Cooper, —, Cooper, Kendall Coleman, Williams, Mary McNamara, Melody Morton, Lush, Penelope Featherington cleanser, Hannah Dodd, Jessica Madsen, Bryan Bedder, Ladurée, Kiko Milano, influencers, Miley Cyrus, Billie Eilish's, Lady Whistledown's, Madsen, Dodd Organizations: Business, Netflix's, Netflix, Quinn's New York Times, New York Times, Republic of Tea, Body Works, Body, Williams, Los Angeles Times, Bath Locations: Morocco, England, COVID, BookTok, Republic, New York, Bath, New York City

☆ Elon Musk gives YouTuber a tour of SpaceX's new 'Starfactory' — take a look
▼ + stars: | 2024-06-24 | by ( Jaures Yip | ) www.businessinsider.com time to read: +1 min

Elon Musk gave YouTuber Tim Dodd a tour of SpaceX's Starfactory rocket production center. Starbase, located in south Texas, has transformed from tents to a massive production facility. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementElon Musk gave an early glimpse into SpaceX's new Starfactory production facility. Just a day before Starship's Flight 4 successfully landed in the ocean, Musk was at the SpaceX site giving science YouTuber Tim Dodd, known by his channel moniker "Everyday Astronaut," an exclusive tour of SpaceX's rocket factory, including the new facility.

Persons: Elon Musk, Tim Dodd, —, Musk Organizations: SpaceX, Service, Starship's, Business Locations: Texas

☆ 'Bridgerton' showrunner Jess Brownell says author Julia Quinn gave her blessing for Francesca's queer romance
▼ + stars: | 2024-06-18 | by ( Olivia Singh | ) www.businessinsider.com time to read: +5 min

Read previewWarning: Major spoilers ahead for season three, part two of "Bridgerton," and "When He Was Wicked," the sixth Bridgerton book. "In, for example, deciding to tell a queer story with Francesca, I spoke with Julia Quinn, I got her blessing." She finds that partner in John Stirling, the Earl of Kilmartin (Victor Alli). Hannah Dodd as Francesca Bridgerton and Victor Alli as John Stirling on season three, episode six of "Bridgerton." Victor Alli as John Stirling and Masali Baduza as Michaela Baduza in the season three finale of "Bridgerton."

Persons: —, Francesca Bridgerton's, Hannah Dodd, Julia Quinn, Jess Brownell, Francesca, John Stirling, Earl, Kilmartin, Victor Alli, John, Francesca Bridgerton, Liam Daniel, Michaela Stirling, Masali, Michaela, Michael Stirling, Michael, Brownell isn't, I've, Brownell, Masali Baduza, Michaela Baduza, Netflix Brownell, Quinn, Benedict, Shonda Rhimes Organizations: Service, Teen Vogue, Business, Netflix, Hollywood Locations: Scotland

☆ Voyager 1 resumes study of uncharted cosmic territory after computer glitch
▼ + stars: | 2024-06-18 | by ( Ashley Strickland | ) edition.cnn.com time to read: +5 min

Currently the farthest spacecraft from Earth, Voyager 1 stopped communicating coherently with mission control in November 2023. However, data from Voyager 1’s four science instruments, which study plasma waves, magnetic fields and particles, remained elusive. On May 19, the Voyager team sent a command to the spacecraft to start returning science data. Now, all four instruments are beaming back usable science data, according to an update shared by NASA on June 13. )”Long-lived space missionsMeanwhile, Voyager 1 is back to doing what it does best: Sharing insights from uncharted cosmic territory.

Persons: “, ” Long, Suzanne Dodd, ” Dodd Organizations: CNN, NASA, Voyager, Jet Propulsion Laboratory, JPL, Neptune Locations: Pasadena , California

☆ 66% of Americans give companies a failing grade for CEO pay
▼ + stars: | 2024-06-12 | by ( Matt Egan | ) edition.cnn.com time to read: +7 min

New York CNN —Americans are fed up with massive CEO pay packages. Just 13% say companies are doing a good or excellent job at avoiding a major pay gap between CEOs and average employees. For the third year in a row, the vast majority – 66% — say companies are doing a “poor” job here. Politically, the majority of Democrats (96%), independents (83%) and Republicans (67%) agree that it’s important to avoid major pay gaps. The findings show how the issue of CEO pay strikes a chord among many Americans, some of whom are struggling to make ends meet in an increasingly expensive world.

Persons: Gallup, ”, Nell Minow, Elon Musk, Tesla, “, Cynthia Clark, Bernie Sanders, Elizabeth Warren, “ It’s, Bill George, Medtronic, Hock Tan, William Lansing, George, Dave Calhoun, Dodd, Frank, Clark, ” Minow, Minow Organizations: New, New York CNN, Bentley University, Gallup, CNN, ValueEdge Advisors, Associated Press, “, Democrats, Sens, Broadcom, Harvard Business School, Boeing, Congress Locations: New York, ”

☆ At least 25 arrested after pro-Palestinian encampments formed on UCLA campus, police say
▼ + stars: | 2024-06-11 | by ( Jillian Sykes | ) edition.cnn.com time to read: +3 min

CNN —At least 25 people were arrested after setting up multiple pro-Palestinian encampments on UCLA’s campus Monday that police said were unlawful, according to a statement from the UCLA Police Department. A CNN analysis found that some of the most dramatic attacks caught on camera that night were committed by people outside UCLA – not the university students and faculty who were eventually arrested. A pro-Palestinian demonstrator is taken into custody Monday outside Dodd Hall at UCLA. Around 8 p.m., about 25 people were arrested for willful disruption of university operations, the police statement said. Tensions have simmered on the UCLA campus over how the university has responded to protesters and counterprotesters in recent months.

Persons: counterprotesters, UCLA –, UCPD, Dodd, Etienne Laurent, Graeme Blair, Blair, Gene Block “, grievously, Amanda Musa Organizations: CNN, UCLA Police Department, UCLA, Moore, Dodd Hall, Getty, Hall, School of Law, for Justice, Los Angeles Times, UC Police, Times Locations: Gaza, UCLA’s, Palestine, Dodd

☆ A New Measure Shows C.E.O. Pay at Even More Astronomical Levels
▼ + stars: | 2024-06-07 | by ( Jeff Sommer | ) www.nytimes.com time to read: 1 min

The annual tallies of chief executive pay for 2023 have arrived and they are fascinating and irritating, in equal measure. But this year, there’s a new wrinkle: Companies must disclose how much C.E.O. By that measure, too, chief executives are amassing extraordinary wealth. In 2023, using traditional measures of executive pay, four chief executives of publicly traded companies were each rewarded with more than $150 million:Plus, new rules stemming from the Dodd-Frank law of 2010 have gone into effect. They focus on how the market changes executive pay each year, yielding a second highest-paid C.E.O.

Persons: there’s, Dodd, Frank

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