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☆ Woman used embezzled money to pay for Patriots tickets to see Tom Brady play
▼ + stars: | 2024-11-15 | by ( Marc Fortier | Nbc Boston | ) www.nbcnews.com time to read: +3 min

A New Hampshire woman will spend more than two years in prison, partly because she wanted to see Tom Brady and the Tampa Bay Buccaneers play the New England Patriots. She also used the company’s credit cards to make over 1,000 unauthorized personal purchases, including the Patriots tickets and the hot tub. She also used the stolen money on things like plane tickets and miscellaneous herbs and spices. She also claimed that her misuse of the company credit card was due to her clicking the wrong button at checkout, even though it happened over 1,000 times. And when she was fired for stealing from the company, prosecutors said Pratt demanded that the owner’s widow pay her a Christmas bonus.

Persons: Tom Brady, Stephanie Pratt, Pratt, “, Jane Young, Tom Brady’s, ” Jodi Cohen, Pratt didn’t Organizations: Tampa Bay Buccaneers, New England Patriots, Prosecutors, Gillette, FBI Boston Division, Patriots Locations: Hampshire, New Hampshire, U.S, ”

☆ Donald Trump is running in the Joe Rogan election
▼ + stars: | 2024-10-28 | by ( Peter Kafka | ) www.businessinsider.com time to read: +3 min

Not coincidentally, Rogan is so big that Trump spent three hours — three hours! The fact that you may not ever listen to Rogan or Hinchcliffe isn't a problem for Trump. AdvertisementLast Friday, Joe Rogan hosted Donald Trump on his podcast, which was a coup for both men: The three-hour interview/conversation has since racked up more than 34 million views on YouTube. Comedian Tony Hinchcliffe is part of Joe Rogan's universe. He performed at Donald Trump's rally at Madison Square Garden in New York.

Persons: Joe Rogan, Tony Hinchcliffe, Rogan, Trump, —, Donald Trump, Trump's, Tony Hinchcliffe —, Joe Rogan's, Donald Trump's, ANGELA WEISS, Hinchcliffe, Bloomberg's Felix Gillette, Ashley Carman, Tony, he's, Theo Vons —, We're Organizations: Trump, Service, YouTube, York City, Madison, AFP, Bloomberg Locations: York, Puerto Rico, New York, Los Angeles, Austin

☆ Aaron Hernandez: A timeline of the NFL player’s contentious life
▼ + stars: | 2024-10-21 | by ( Eric Levenson | ) edition.cnn.com time to read: +9 min

CNN —It’s been over seven years since the NFL star Aaron Hernandez was found dead by suicide in his prison cell at the age of 27. Now, it is the subject of FX’s limited series, “American Sports Story: Aaron Hernandez,” a dramatized retelling of the athlete’s peaks and traumas, including head injuries. 2006: Dennis Hernandez, the father of 16-year-old Aaron Hernandez, dies due to complications from a routine hernia surgery. New England Patriots tight end Aaron Hernandez loosens up before a preseason exhibition game against the New Orleans Saints at Gillette Stadium. September 17, 2024: FX debuts “American Sports Story: Aaron Hernandez,” a 10-episode series inspired by Hernandez’s life and based on The Globe’s “Gladiator” series.

Persons: CNN — It’s, Aaron Hernandez, –, ”, Dennis Hernandez, Hernandez, Urban Meyer, Tim Tebow, John Mackey, Bill Belichick, Tom Brady, Rob Gronkowski, Aaron Hernandez loosens, Barry Chin, Daniel de Abreu, Safiro Furtado, Odin Lloyd, Lloyd, Hernandez’s, Shayanna Jenkins, Carlos Ortiz, Ernest Wallace, Hernandez’s fiancée, Jenkins, Ortiz, Wallace, de Abreu, Furtado, John Tlumacki, Alexander Bradley, Bradley, “, Jose Baez, Pat Greenhouse, Prosecutors, what’s, vacates, Jonathan “ DJ ” Hernandez, Aaron Organizations: CNN, NFL, Super Bowl, Bristol Central High School, Connecticut Gatorade Football, University of Florida, Gators, football’s, Gator, New England Patriots, Florida, Pro, New, New Orleans Saints, Gillette, Boston Globe, Super, New York Giants, Patriots, Nissan, Police, Bristol County Sheriff’s Department, Seattle Seahawks, Prosecutors, Associated Press, Getty, Massachusetts Department of Correction, Boston University CTE Center, Attorney’s, Boston, Football Inc Locations: Florida, New Orleans, Cape Verde, Boston, North Attleboro , Massachusetts, Bristol, Fall River , Massachusetts, Massachusetts, Worcester County, CTE

☆ Procter & Gamble earnings beat estimates, but weak demand in China hurts sales
▼ + stars: | 2024-10-18 | by ( Amelia Lucas | ) www.cnbc.com time to read: +3 min

Procter & Gamble on Friday reported weaker-than-expected revenue as lower demand in China again weighed on its sales. The company reported flat volume for the quarter. The metric excludes pricing, which makes it a more accurate reflection of demand than sales. The company called out volume declines in China for both its hair care and oral care segments. Both P&G's health care and baby, feminine and family care divisions both reported 1% declines in volume for the quarter.

Persons: Gamble, Andre Schulten, Schulten Organizations: Procter, LSEG, SK, Gillette, Venus Locations: China, U.S, Greater China

☆ A woman moved from Wyoming to Texas after dreaming of city life. She can't wait to go back.
▼ + stars: | 2024-10-16 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +6 min

Elizabeth Bagdon and her fiancé, Ryan Heming, moved from a small town in Wyoming to San Antonio. Then, they moved to Gillette, Wyoming, which has a population of about 33,000. San Antonio offers more convenienceBagdon and Heming moved into a rental home in San Antonio with their dog, Lucy. Elizabeth Bagdon moved from Wyoming to Texas. "We're ready to pick the place that we want to settle in, and that place will definitely be Wyoming," Bagdon said.

Persons: Elizabeth Bagdon, Ryan Heming, Bagdon, —, I've, Heming, Lucy, Sadie, Elizabeth Bagdon Bagdon, Salary.com, hasn't, I'm, she's Organizations: San Antonio, Service, Business, Gillette, Sam's, San Antonio Police Department, San, Southern Locations: Wyoming, San Antonio, Bagdon, Pennsylvania, Colorado, Gillette , Wyoming, Gillette, San, Texas, Antonio, East Coast, Sheridan , Wyoming

☆ Major League Soccer sets all-time attendance record in Lionel Messi’s first full season
▼ + stars: | 2024-10-09 | by ( Jamie Barton | ) edition.cnn.com time to read: +2 min

CNN —More than 11 million fans have attended Major League Soccer matches this year, breaking the regular season attendance record. With 16 games still remaining before the start of the MLS Cup playoffs, the total has already surpassed the previous record of 10,900,804 set in 2023. At just over 17,000, the average crowd for Inter Miami games, home and away, was the second smallest in the league in 2022. Luis Suárez, Messi’s former teammate at Barcelona, was reunited with the Argentine this year and helped Inter Miami to its first ever Supporters’ Shield in early October. The Herons are favorites to take the MLS Cup, with the playoffs beginning later this month.

Persons: Lionel Messi, Messi, El Tráfico, Olivier Giroud, Kevork Djansezian, Marco Reus, Hugo Lloris, Luis Suárez Organizations: CNN, Major League Soccer, MLS, Inter Miami, Miami, Atlanta United, Sporting Kansas City, Arrowhead, Rose, LA Galaxy, Inter, New, Gillette, LAFC, Borussia Dortmund, Barcelona, Argentine

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Persons: Dyson, we've, Rose, Skip, Braun, Gillette, shea, Heusen, Anne Klein, It's, you've Organizations: Business, Amazon, REVLON, Revlon, Gillette Venus Womens, Panasonic, PURA, Pura, palmetto, Amazon St, St, Sports Locations: Tropez

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Persons: it's, Braun, we've, Pricey Braun, Gillette, Heusen, Anne Klein Organizations: Business, Amazon, Braun, Mower, Panasonic, Sports

☆ The basic income myth: cash discourages work
▼ + stars: | 2024-09-28 | by ( Allie Kelly | ) www.businessinsider.com time to read: +10 min

Critics of guaranteed basic income often suggest that cash payments discourage work. Guaranteed basic income programs are gaining momentum across the US as an approach to poverty reduction. Related storiesBasic income critics say cash discourages workBillionaires, politicians, and financial leaders have criticized basic income programs, saying that cash payments could encourage laziness among participants. AdvertisementStill, guaranteed basic income programs reflect short-term results. Harper began teaching shortly after enrolling in a Georgia-based guaranteed basic income program, In Her Hands.

Persons: —, Taniquewa Brewster, Brewster, America's, John Gillette, Sam Altman, Samra, aren't, Cepia Harper, Harper, I've, Asya Howlette, Howlette, Brewster — Organizations: Service, Texans, Business, Austin, Rep, Mayors, Orleans Mayor's, Youth Locations: Arizona, Illinois, Texas, Stockton and Baltimore, Denver, Georgia, Orleans

☆ Universal basic income pros and cons —according to experts
▼ + stars: | 2024-09-26 | by ( Allie Kelly | ) www.businessinsider.com time to read: +13 min

BI broke down the pros, cons, and frequently asked questions about basic income. Universal basic income and guaranteed basic income could fill gaps in the existing US social safety net, experts said. A benefit of basic income is the element of choice, according to Shafeka Hashash, associate director of guaranteed income at the Economic Security Project. Private donors often fully or partially fund basic income programs, lessening the cost burden on local governments. US states with active basic income programs include California, Illinois, Colorado, New York, Georgia, Louisiana, and more.

Persons: —, Melvin Carter, Paul, Shafeka Hashash, Hashash, It's, John Gillette, Oscar Wong, UBI, Andrew Yang, Howlette, hasn't, Michael Tubbs, Allan Baxter, What's, Sam Altman, Elon Musk Organizations: Service, Business, St, SDI, SNAP, Economic Security, Arizona, Rep, American, Orleans Mayor's, Youth, University of British Columbia, Alaska Permanent Fund, Tech Locations: Valley, America, Los Angeles and Illinois, Texas, Missouri, Arizona , Iowa, South Dakota, Orleans, Denver, Atlanta, Alaska, California , Illinois, Colorado , New York , Georgia, Louisiana, Canada, Brazil, China, Germany, India, Iran, Ireland, California, New Mexico, Oregon

☆ Rising NFL valuations mean massive returns for owners. Here's how good the investment is
▼ + stars: | 2024-09-05 | by ( Michael Ozanian | ) www.cnbc.com time to read: +7 min

watch nowA National Football League team today is a $6.5 billion business. That is the average value of the NFL's 32 franchises, according to CNBC's Official 2024 NFL Team Valuations. Across the past 10 NFL teams to be sold, seven of the 10 outperform the S&P 500 on a percentage-gained basis in the period since the sale. Rising valuationsThe escalation in football team values is largely the result of the league's massive and growing media deals. The typical NFL team has an EBITDA margin of 19%.

Persons: Robert McNair, That's, Peacock, Taylor Swift, Allen J, Tampa Bay's Raymond James, Ryan Flournoy, Matt Hankins, Ron Jenkins, Rob Walton, Josh Harris, Jerry Jones, Jones Organizations: National Football League, Pro, Houston Texans, NFL, Texans, Super, Washington, Denver Broncos —, Miami Dolphins, Comcast, Disney, Paramount, Fox, YouTube, NFL Sunday, Amazon Prime, Thursday, Netflix, CNBC, ESPN, Chicago Bears, Minnesota Vikings, Soldier, Kansas City Chiefs, Los Angeles Times, Getty, Tampa, New England's Gillette, Lincoln Financial, Dolphins, Dallas Cowboys, Los Angeles Chargers, T, Denver Broncos, Tampa Bay Buccaneers, Cowboys, The Cowboys, Dallas Locations: U.S, Chicago, Green Bay ; Wisconsin, Buffalo , New York, New York, Los Angeles, Inglewood , California, Arlington , Texas

☆ Three Members of the Nelons Gospel Group Are Killed in a Plane Crash
▼ + stars: | 2024-07-27 | by ( Emmett Lindner | More About Emmett Lindner | ) www.nytimes.com time to read: 1 min

Three members of the award-winning gospel band the Nelons and four other people on board were killed in a plane crash in rural Wyoming on Friday, according to the authorities and representatives for the band. The plane, an 11-seat Pilatus, crashed at approximately 1 p.m. local time in a remote area north of Gillette in Campbell County, Wyo., the county government said on Facebook. The three band members, Jason Clark; his wife, Kelly Nelon Clark; and their daughter Amber Kistler were traveling to perform on a cruise that was set to depart on Saturday from Seattle and sail to Alaska, according to a statement from Gaither Management Group, which the band recorded for. Ms. Kistler’s husband, Nathan, was also killed, as well as the band’s assistant, Melodi Hodges; the pilot, Larry Haynie; and his wife, Melissa.

Persons: Jason Clark, Kelly Nelon Clark, Amber Kistler, Kistler’s, Nathan, Melodi Hodges, Larry Haynie, Melissa Organizations: Pilatus, Facebook, Gaither Management Group Locations: Wyoming, Gillette, Campbell County, Seattle, Alaska

While some of the best Amazon Prime Day deals include sales on Apple products, TVs, and other tech items, Prime Day is also a great time to invest in personal care items. Whether shopping for yourself or gifting someone else, Prime Day is the best time to splurge on a high-end shaver without breaking the bank. View at Amazon What we like Check mark icon A check mark. Additionally, we've consistently found that Amazon Prime Day offers the lowest prices on some of the best products. In order to shop on Prime Day, you'll need an Amazon Prime membership.

Persons: I've, shaver, we've, Pricey Philips, trimmer, It's, Amazon Philips Norelco Shaver, Remington Balder, Gillette Organizations: Business, Apple, Mower, Best Prime, Braun, Amazon Philips, Philips, Remington, Amazon

☆ Could Apple become a $4T stock in the next year? At least one analyst says yes
▼ + stars: | 2024-07-08 | by ( Morgan Chittum | ) www.cnbc.com time to read: +5 min

So much for the $3 trillion club: Investors and Wall Street analysts alike are now talking about when Apple might top a $4 trillion stock market value. For those keeping score, Apple closed above a $3 trillion market value just over one year ago. AAPL YTD mountain Apple (AAPL) year-to-date performance Apple shares reached an all-time intraday high to start the week, continuing last week's terrific start to the second half of 2024. Slower iPhone sales in China, which account for nearly 20% of Apple's overall revenue, dogged the stock into April. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer, Siri, ChatGPT, Dan Ives, Wedbush, Jim, Gillette, Jim Cramer's, Scott Eells Organizations: Wall Street, Apple, Microsoft, Nvidia, Apple Intelligence, Developers, Services, Cook & Co, CNBC, Nasdaq, Bloomberg, Getty Locations: China, New York

☆ Opinion: Kamala Harris is the only viable alternative for Democrats
▼ + stars: | 2024-07-06 | by ( Opinion Bill Burton | ) edition.cnn.com time to read: +7 min

CNN —If President Joe Biden is not the Democratic nominee coming out of the August party convention, it will have to be Vice President Kamala Harris. African Americans make up about 14% of the American population, yet in 2020 nearly 20% of Biden voters were Black, according to Pew Research Center. You think the ignominy of Harris campaigning for someone else is going to bring Black voters into the fold? The vice president is in the best position to receive Biden’s campaign funds, since her name is already listed on the campaign account. Are we prepared for our unvetted, untested Democratic nominee to flame out in the most important election of our lifetimes?

Persons: Bill Burton, Bryson Gillette, Obama, Joe Biden, Kamala Harris, Biden, Harris, Trump, isn’t Harris, —, Gavin Newsom, Newsom, Sens, Cory Booker of, Raphael Warnock of, Wes Moore, SSRS, Harris —, Sen, John Edwards of, Ron DeSantis, Jeb Bush Organizations: Obama White House, CNN, Democratic, Biden, Pew Research, Trump, New York Times, Siena College, Black, Democratic Party, Maryland Gov, Florida Gov, Twitter, Facebook Locations: Pennsylvania, California, Washington, Cory Booker of New Jersey, Raphael Warnock of Georgia, John Edwards of North Carolina

☆ Over 100 basic-income pilots have run in US cities. Now states are getting creative to fund no-strings-attached cash payments.
▼ + stars: | 2024-05-21 | by ( Allie Kelly | ) www.businessinsider.com time to read: +12 min

Basic income has become a trending strategy to combat poverty in cities nationwide. ARPA funds have been used to partially or fully fund most US basic-income pilots so far, but funds are set to expire. While philanthropy and nonprofit work have been central to basic-income pilots, they are not always a long-term or large-scale funding solution. More GBI programs are electing to focus on specific groups of participants, like low-income parents with children and foster youth. The program is funded through the Temporary Aid to Needy Families Program (TANF), an existing federal cash assistance program for low-income families.

Persons: —, Michael Tubbs, Tubbs, It's, Tubbs —, GBI —, Marcela Díaz, let's, Díaz, Teri Olle, Olle, John Gillette, Ken Paxton, Dustin Palmer, GiveDirectly, Palmer, Shafeka Hashash, Hashash, Hashah, GBI Organizations: Service, Business, SNAP, Medicaid, Somos Un, Somos Un Pueblo Unido, Economic Security, New, New Mexico House, California Senate, Republican, South Dakota Republicans, ARPA, Pew Charitable Locations: Stockton , California, Durham , North Carolina, Birmingham, Chicago, Antonio, San Antonio, Denver, Seattle, California, New Mexico, State, Mexico, Somos, Somos Un Pueblo, Economic Security California, Arizona, Iowa, Harris County , Texas, Flint , Michigan

☆ Warren Buffett downsized his Apple stake for tax reasons. Here's what it means
▼ + stars: | 2024-05-15 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Warren Buffett surprised many by selling a significant portion of his gigantic Apple stake, and his reason for the sale was even more surprising. Buffett, who trimmed Berkshire Hathaway's Apple holding by 13% in the first quarter after reaping enormous gains, suggested that the sale was for tax reasons. He implied the sale could be a means of avoiding an even higher tax bill down the road if tax rates rise to help plug a ballooning U.S. fiscal deficit. There's no special tax rate for capital gains in a corporation as they become part of the entity's income. Corporate income tax rate The corporate tax rate in the U.S. averaged 32.1% from 1909 to 2024, with a peak of 52.8% in the late 1960s, according to the Internal Revenue Service.

Persons: Warren Buffett, Buffett, There's, Kelly Gillette Organizations: Apple, Treasury Department, U.S, Internal Revenue Service, Armanino LLP, Apple Berkshire, Berkshire Locations: Berkshire, Omaha, Texas

☆ Lionel Messi scores twice and breaks two Major League Soccer records in emphatic Inter Miami win
▼ + stars: | 2024-04-28 | by ( Aimee Lewis | ) edition.cnn.com time to read: +2 min

CNN —Lionel Messi’s start to the new Major League Soccer season has been impressive, even by the Argentine great’s lofty standards. Inter Miami sits atop the MLS Eastern Conference after a brilliant start which has included six victories in 11 games. In front of 65,612 fans – a new attendance record for a Revolution home game – Messi set two MLS records. “People come to every stadium to see Leo, that’s true, but they also want their team to win,” Miami head coach Gerardo Martino said in Spanish postgame, per the MLS. He has also contributed significantly to the transformation of Miami’s fortunes, helping the team win its first trophy last August, as well as taking it to the top of the Eastern Conference standings this campaign.

Persons: Lionel Messi’s, Messi, –, – Messi, Maddie Meyer, Tomás, Benjamin Cremaschi, Luis Suárez, Leo, that’s, Gerardo Martino, “ We’re, ” Messi, Ballon d’Or Organizations: CNN, Major League Soccer, Inter Miami, New England, Gillette, MLS Eastern Conference, MLS, Messi, New, “, Miami, Argentina, Chase Field, Nashville SC, Eastern Conference Locations: Argentine, Miami, Spanish

☆ Procter & Gamble sales disappoint as price hikes slow down
▼ + stars: | 2024-04-19 | by ( Amelia Lucas | ) www.cnbc.com time to read: +3 min

In October, executives said that they anticipated returning to volume growth in fiscal 2024. However, three of P&G's divisions reported volume growth for the quarter. The company's grooming business, home to its Gillette and Venus razors, reported volume growth of 2%. And fabric and home care, which includes Febreze and Swiffer, saw 1% volume growth. That's a reversal from the last two fiscal years, when commodity costs weighed on the company, leading to price hikes.

Persons: Pantene, Gamble, Andre Schulten, Schulten Organizations: Procter, LSEG, Gillette, pricey SK Locations: San Anselmo , California, China, Gaza, U.S

☆ Opinion: How Taylor Swift’s new album is an extended family affair for me
▼ + stars: | 2024-04-19 | by ( Opinion Amy Bass | ) edition.cnn.com time to read: +11 min

CNN —Friday’s midnight release of “The Tortured Poets Department,” Taylor Swift’s 11th album, means that yet another era has begun — and a record-breaking one at that. I am one of them, and the anticipation — along with the revelry — has been an extended family affair. Swifties dug into Taylor math, which often revolves around the number 13, the date of her December birthday. Check out the erratic capitalization of track 24, “Thank you Aimee” if you doubt that Swift is masterminding it all. Maybe wherever they land, there is a seminar on Taylor Swift.

Persons: Amy Bass, Read, CNN —, ” Taylor, Swifties, Travis Kelce, Rodney Bedsole, Hannah, Sarah, Maggie, Def Leppard, Harry Styles, Olivia Rodrigo, SZA, —, Swift, “, ”, Lin, Manuel Miranda’s Alexander Hamilton, Joe Alwyn, Swift’s, Alwyn, Blake Lively, Ryan Reynolds, John ”, Jake Gyllenhaal, Aaron Dessner, Gyllenhaal, Jack Antonoff, Diana, they’re, Dylan Thomas, Matty Healy, TTPD ”, Alwyn —, Aimee ”, ” Swift, Taylor Swift Organizations: Manhattanville University, CNN, Poets Department, Kansas City Chiefs, Taylor, Gillette, Def, Department, Machine, nab, Spotify Locations: New York, …, Vancouver, —, British, Great Britain, Lexington, Concord, London, Harvard’s Taylor, Los Angeles, New

☆ What happens when Taylor Swift wears your brand? One business reached its monthly sales goal in a day.
▼ + stars: | 2024-04-13 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +10 min

It was a $75 velvet mini skater dress from Little Lies, a small business in Scotland. The green dress Swift wore. When Swift wore the Little Lies dress, the business hit its month's sales target in a day. Meanwhile, Robertson is waiting for perhaps another Swift boom: The night Swift wore the Little Lies dress, she ordered a "whole bunch of other stuff," Robertson said. Have you bought something Taylor Swift wore or experienced the Swift bump at your business?

Persons: Taylor Swift, —, Jade Robertson, He'd, Robertson, Swift, we'd, Blake Lively, Sarah Chapelle, Taylor, Chapelle, Chappelle, Kat Cacho, Cacho, beanie Taylor Swift, Susan Bali, Michelle Wie West, Travis Kelce, Bali, Kelce, It's, she's Organizations: Service, Business, Kansas, Chiefs, Gillette, Swift, Kansas City's Westside Storey, Patriots, Super Locations: Scotland, New York City, Kansas, Swift, Bali

☆ Here's how guaranteed basic-income programs get their funding
▼ + stars: | 2024-04-09 | by ( Allie Kelly | Noah Sheidlower | ) www.businessinsider.com time to read: +6 min

Cities like San Antonio, Austin, Denver, Boston, and Minneapolis have turned to basic-income pilot programs to explore ways to reduce those poverty levels. Republicans in Texas, Arizona, Iowa, and South Dakota are making efforts to ban GBI programs at the municipal and state level. AdvertisementStates and cities sometimes fund basic-income programsMany basic-income programs receive funding directly from state and local governments. Nonprofits and philanthropy play a key role in basic-income fundingOther basic-income programs are organized through a nonprofit, or receive funding from foundations and private donors. Along with funding cash payments, the Economic Security Project said that philanthropic donations can help a GBI programs pay for income policy research.

Persons: —, Monique Gonzalez, John Gillette, Flint, Joe Biden, Jack Dorsey, UpTogether Organizations: Service, Economic Security, Business, SNAP, Republicans, BI, American, ARPA, Chicago's Department of Family, Support Services, Mayors, Georgia Resilience, GRO Fund, Colorado Trust Locations: Cities, San Antonio, Austin, Denver, Boston, Minneapolis, Texas , Arizona , Iowa, South Dakota, Arizona, California, Los Angeles, San Francisco, Sacramento, Michigan, Massachusetts, Texas, Chicago, Somerville , Massachusetts, GBI, Harris, Houston, Georgia, Atlanta, Colorado

☆ A Massachusetts city is giving families at risk of losing their homes $750 a month, no strings attached
▼ + stars: | 2024-04-02 | by ( Allie Kelly | ) www.businessinsider.com time to read: +4 min

Read previewA Massachusetts city is giving low-income families $750 a month, no strings attached. The guaranteed basic income program will focus on residents who are in danger of losing their homes. The Somerville GBI Pilot will serve about 200 low-income families currently experiencing housing insecurity. Related stories"My life was always just a couple hundred dollars short," a participant in San Antonio's income program told BI. St. Louis, Missouri recently distributed $500 monthly payments to low-income families, and Flint, Michigan is offering funds to new mothers.

Persons: —, Boston —, Somerville, Katjana Ballantyne, Ballantyne, Joe Biden's, hasn't, John Gillette Organizations: Service, Somerville, Business, Greater Boston Area, Boston, ARPA, The University of Massachusetts, Republican Locations: Massachusetts, —, Boston, San Antonio, Austin, Minneapolis, Durham , North Carolina, Denver, Antonio's, City, Somerville, Greater Boston, Arizona , South Dakota , Iowa, Texas, Arizona, Louis , Missouri, Flint , Michigan, Atlanta

☆ Federal regulators are wielding a classic Warren Buffett concept to go after Apple — his biggest stock bet
▼ + stars: | 2024-03-29 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +6 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Federal regulators used the word "moat" eight times in their civil antitrust complain to describe the defenses that Apple sets up to keep competitors at bay. AdvertisementCastles and moatsBuffett popularized the concept of a company having a "moat" around it that protects it from rivals. The dynamics of capitalism guarantee that competitors will repeatedly assault any business 'castle' that is earning high returns. AdvertisementThe Department of Justice has added insult to injury by not only targeting Buffett's biggest stock bet, but also wielding the investor's moat metaphor against him, at least indirectly.

Persons: —, cheekily, Warren Buffett, Buffett, Berkshire Hathaway, you've, Elon Musk, he's, Charlie Munger, Apple, He's, Tim Cook, they're Organizations: Service, Justice, Apple, Business, Berkshire, Coke, Gillette, Costco, Cola, American, Regulators, of Justice Locations: Berkshire, Apple, Buffett's, Berkshire's

☆ Meet Jenn Tran, the star of season 21 of 'The Bachelorette'
▼ + stars: | 2024-03-26 | by ( Olivia Singh | ) www.businessinsider.com time to read: +3 min

Jenn Tran was announced as the star of season 21 of "The Bachelorette." AdvertisementJenn Tran didn't find love with Joey Graziadei on season 28 of "The Bachelor," but she's getting a second chance at romance as the star of the upcoming season of "The Bachelorette." AdvertisementAlthough Bachelor Nation got to know Jenn a bit on "The Bachelor," she teased that there's "a lot that you don't know about me yet." Related storiesAhead of the season 21 premiere in July, here's what to know about Jenn. We'll find out plenty more about the newest Bachelorette when her season premieres on ABC this summer.

Persons: Jenn Tran, —, Jenn Tran didn't, Joey Graziadei, Tran, I've, Jenn, She's, Peter Parker, Taylor, Jonas, Shawn Mendes, We'll Organizations: Service, University of Wisconsin — Madison, Red, Alpha Phi Foundation, Instagram, Gillette, ABC Locations: Miami, Greece, Italy, Bahamas, Massachusetts

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