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☆ Investor who bought Kanye's Malibu home makes lowball offer for Diddy's 'Freak Off' mansion
▼ + stars: | 2024-11-21 | by ( Madeline Berg | Dan Latu | ) www.businessinsider.com time to read: +5 min

AdvertisementThere's been a $30 million offer on Sean Combs' Los Angeles mansion. The lowball offer comes from the same real estate investor who purchased Kanye West's Malibu house. AdvertisementThe mansion is in one of Los Angeles' richest neighborhoods, known for its proximity to Beverly Hills and large lots. Luxury real estate in Los Angeles is currently experiencing a major slump, Beverly Hills agent Rochelle Atlas Maize told BI. Maize, who was personally shopping for homes in Los Angeles at the time, said she wouldn't step foot near it.

Persons: Sean Combs, Sean, Diddy, Combs, Bo Belmont, Shou Zi Chew, Belmont, Rochelle Atlas, Belwood, starchitect Tadao Ando, Menendez, Ryan Murphy's, it's, It's Organizations: feds, Kanye, Belwood Investments, Business, Beverly, Rochelle Atlas Maize, Ryan Murphy's Netflix Locations: Los Angeles, Los, Singapore, Beverly Hills, Rochelle, Malibu, Beverly Flats

☆ Who is Cher's boyfriend Alexander Edwards? The 38-year-old music executive has a son with Amber Rose
▼ + stars: | 2024-11-20 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +7 min

AdvertisementCher is dating Alexander Edwards, a music executive and producer. Cher rose to fame alongside her first husband Sonny Bono, who was 11 years her senior. AdvertisementEdwards is a music-industry executive who has worked with Def Jam RecordsTyga and Alexander Edwards at the 2024 Victoria's Secret Fashion Show. AdvertisementAs for his future plans, Edwards told Stoned Fox that he's also interested in acting. "Slash Electric Alexander Edwards.. the world is urs now," he wrote in the caption, per People.

Persons: Alexander Edwards, Edwards, Slash, who's, Cher, Alexander, AE, Sonny Bono, Warren Beatty, Kevin Mazur, Stoned Fox, Coco Jones, Muni Long, Justin Bieber, LL, Rihanna, YK Osiris, Osiris, Riggs Morales, Kylie Jenner, He's, Tupac, Usher, Pharrell, Tyga, he's, Amber Rose Alexander Edwards, Amber Rose, Roger Kisby, Def Jam Rose, Donald Trump, Ye, Wiz Khalifa, Sebastian, Rose, urs, Rose accused Edwards, doesn't, Sonny, hadn't, Slash Electric Alexander Edwards, Elisabeth Egan Organizations: Def Jam, Sony Music, New York Times, Def Jam Records, Sony Music Publishing, Last Kings, Last Kings Records, Republican National Convention, TMZ, CBS, Slash Electric Locations: Los Angeles, England

☆ 13 signs of over-the-top wealth and luxury I spotted in Jackson Hole, the Aspen of Wyoming
▼ + stars: | 2024-11-19 | by ( Joey Hadden | ) www.businessinsider.com time to read: +1 min

AdvertisementI explored Jackson Hole, Wyoming, a luxury real-estate hot spot near Grand Teton National Park. Jackson Hole is known for its wealth disparity. I spent three days exploring some of the most coveted real estate in the US in a 60-mile-long valley on the edge of Grand Teton National Park. I was reporting from Jackson Hole, Wyoming, one of the most unequal places in America. During my trip, I spotted several signs of extreme wealth and luxury in the Aspen of Wyoming.

Persons: Jackson, Sandra Bullock, Harrison Ford Organizations: Economic Policy Institute, Daily Mail, Kanye Locations: , Wyoming, Grand Teton, Park, Grand, Jackson Hole , Wyoming, America, Jackson, Wilson, Teton Village, Wyoming, Aspen

☆ What We Learned About Celebrity Culture in the 2024 Election
▼ + stars: | 2024-11-08 | by ( Jesse Mckinley | More About Jesse Mckinley | ) www.nytimes.com time to read: +1 min

In an election season in which both parties sought out any possible edge, Democrats clung to one seemingly clear-cut advantage: Celebrities including Taylor Swift and Bruce Springsteen broke hard for that party, even as voters did not. The result was a split-screen of American celebrity — two sets of famous people for two halves of the country. But by and large, the biggest names in entertainment said Vice President Kamala Harris should be elected to the nation’s highest office. Ms. Harris was decisively defeated on Tuesday, despite the backing of a megastar like Beyoncé. “America is tired,” wrote Albert Pennachio, an independent voter who lives in Statesville, N.C. “And we don’t care what celebrities think anymore.”

Persons: Taylor Swift, Bruce Springsteen, Donald J, Trump, Kanye, Mel Gibson, Jon Voight, Kamala Harris, Harris, ”, Albert Pennachio Locations: America, Statesville, N.C

☆ I'm a New Yorker who visited Jackson Hole for the first time. 8 things surprised me.
▼ + stars: | 2024-11-02 | by ( Joey Hadden | ) www.businessinsider.com time to read: +2 min

Jackson Hole, Wyoming, is a billionaire hot spot next to Grand Teton National Park. I recently visited the ultrawealthy mountain town and was surprised by the airport and the housing. Enter Jackson Hole, Wyoming — the 60-mile-long valley bordering Grand Teton National Park. This section of Teton County comprising the towns of Jackson, Teton Village, Wilson, and others, has fewer than 11,000 residents. I got the nature getaway I expected but was surprised by many aspects of the region, from the luxe airport to the mansions in the mountains.

Persons: Jackson, —, I've, Wilson, Kanye Organizations: Teton, Service, Economic, Institute Locations: , Wyoming, Texas, East Coast, New York City, it's, Teton, Teton County, Jackson, Teton Village, Portland , Oregon, Wyoming, luxe

☆ Adidas is getting back on track after Yeezy woes
▼ + stars: | 2024-10-30 | by ( Maria Noyen | ) www.businessinsider.com time to read: +4 min

Adidas posted strong third-quarter growth. Operating profit jumped to 598 million euros ($646 million) from 409 million euros ($442 million) the year before. AdvertisementBjørn Gulden, who took over as Adidas CEO in 2023, said the Q3 numbers were evidence that Adidas is "moving in the right direction." Adidas stock dipped slightly on Wednesday but is up 20% since the start of the year, valuing the company at almost 40 billion euros ($43 billion). Related storiesOne of the reasons Adidas is finding success in the increasingly competitive athleisure and footwear industry is through the revival of retro styles such as the Adidas Samba, which was coronated the "It Shoe" of 2023.

Persons: Bjørn Gulden, —, Ye, Bjørn, Alexander Hassenstein, Neil Saunders, Gulden, Matthew Quint, Quint Organizations: Adidas, Service, Kanye, Puma, Center, Global Brand Leadership, Columbia Business School, Nike Locations: China

☆ Adidas reaches out-of-court settlement with rapper Ye
▼ + stars: | 2024-10-29 | by ( ) www.cnbc.com time to read: 1 min

Adidas has reached an out-of-court settlement with rapper Ye to end all legal proceedings between them, the sportswear brand said on Tuesday, adding that no money changed hands in the agreement. Adidas and Ye had been embroiled in multiple lawsuits for the past two years since the German company ended a partnership with the rapper previously known as Kanye West over antisemitic comments he made. "There isn't any more open issues, and there is no... money going either way, and we both move on," CEO Bjorn Gulden told reporters on a conference call, declining to give further details of the deal. "There were tensions on many issues, and... when you put the claims on the right side and you put the claims on the left side, both parties said we don't need to fight anymore and withdrew all the claims," Gulden added.

Persons: Ye, Bjorn Gulden Organizations: Adidas, Kanye

☆ Step inside Jackson Hole, Wyoming, where the ultra-rich live and vacation
▼ + stars: | 2024-10-19 | by ( Joey Hadden | ) www.businessinsider.com time to read: +1 min

Jackson Hole, Wyoming, is a luxury enclave for some of America's wealthiest. I visited Jackson Hole for the first time to find out why the rich live and vacation there. I'm talking about the wealthy enclave of Jackson Hole in Teton County, Wyoming — one of the richest counties in the US. Jackson Hole has long been a billionaire hideout and the city with the most unequal income in the US. AdvertisementA-listers from Kanye West and the Kardashians to Sandra Bullock and Harrison Ford have bought property in Jackson Hole.

Persons: Jackson, —, Sandra Bullock, Harrison Ford Organizations: Service, Economic Policy Institute, Kanye Locations: , Wyoming, America, Jackson, Teton County , Wyoming

☆ Victoria’s Secret Fashion Show returns: Here’s what you need to know
▼ + stars: | 2024-10-16 | by ( Tara John | ) edition.cnn.com time to read: +14 min

Kate Moss, 50, makes her Victoria's Secret Fashion Show debut. Kate Moss, who turned 50 in January, made her Victoria’s Secret Fashion Show debut, with her daughter Lila also modeling. Taylor Hill/WireImage/Getty ImagesShe said that Victoria’s Secret was listening to their customers, who wanted the show to return. Ashley Graham walks the runway for the Victoria's Secret Fashion Show 2024. Dimitrios Kambouris/Getty ImagesBlackpink's Lisa performs during the Victoria's Secret Fashion Show 2024.

Persons: Lisa, Blackpink, Gigi Hadid, Barbie, Hadid, Brown, Kate Moss, Dimitrios Kambouris, Adriana Lima —, —, Bella Hadid, Alex Consani, Paloma Elsesser, Lila, Cher, Roxanne Robinson, ” Cher, Evan Agostini, Destiny’s Child, Justin Timberlake, Kanye, Barbara Palvin, Yasmin Wijnaldum, Winnie Harlow, Kendall Jenner, Alexina Graham, Naomi Campbell, Quannah, Megan Rapinoe, Priyanka Chopra Jonas, “, ”, Chantal Fernandez, Lauren Sherman, Victoria’s, Sarah Sylvester, Critics, Janie Schaffer, Liu Wen, Taylor, Victoria’s Secret’s, Tyra Banks, Law Roach, Banks, Angela Weiss, Ashley Graham —, ’ ”, ” Adriana Lima, Roy Raymond, Leslie Wexner, Reagan, ” Sherman, ” Fernandez, Heidi Klum, Gisele Bundchen, Stephen Cherrnin, Sherman, Sharleen, Brands ’, Ed Razek “, Razek, Wexner, Vogue, didn’t, Lily Aldrige, Karlie Kloss, Jeffrey Epstein, Epstein, Ashley Graham, Blackpink's Lisa Organizations: New, New York CNN, PETA, CNN, Brands, Getty, Brooklyn Navy, AP Locations: New York, Brooklyn, White, Lagos, Bogotá, London, Tokyo, American

☆ Ye's former assistant alleges sex trafficking, sexual assault in amended suit against rapper
▼ + stars: | 2024-10-13 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dennis-Romero-Circle-Byline-Template.Jpg | Dennis Romero | ) www.nbcnews.com time to read: +5 min

The civil complaint, which initially accused Ye of sexual harassment, was amended and filed Oct. 8 in Los Angeles County Superior Court. In one case, the amended suit says, Ye texted Pisciotta for advice about his desire to have sex with the mother of a celebrity model he said he knew intimately. Ultimately, the spokesperson said, the plaintiff “engaged in blackmail and extortion” when sexual advances didn’t get the results she desired. The original version as well as the amended filing allege wrongful termination, breach of contract, sexual harassment and hostile work environment, unlawful retaliation and emotional distress. The amended complaint also emphasized allegations of false imprisonment, sexual battery and infliction of emotional distress.

Persons: Ye’s, drugging, Ye, Lauren Pisciotta, “, didn’t, Sean “ Diddy ” Combs, Pisciotta, Combs, Ye “ Organizations: Kanye, NBC, Pisciotta, Plaintiff Locations: Los Angeles, Pisciotta ., San Francisco, Santa Monica , California

☆ How Hurricane Katrina and an off-script remark by Kanye West shifted culture
▼ + stars: | 2024-10-13 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +4 min

If you see a White family, it says they’re looking for food,” West, going off script, said in September 2005 during NBC’s “Concert for Hurricane Relief” telethon following hurricane Katrina. Hurricane Katrina struck the Gulf Coast in August 2005, causing severe flooding damage to cities from New Orleans to Biloxi. Comedian and actor Mike Myers, who appeared with West on the telethon, did not know about the artist’s planned comments in advance. Myers said in a 2014 interview that he was “super proud” to stand next to West in that moment. “This moment should not even be about Kanye West and President Bush,” CNN Entertainment Correspondent Lisa Respers France said in Sunday’s episode.

Persons: Kanye, “ George Bush doesn’t, West, –, Katrina, George W . Bush, ” Van Lathan, ”, George W, Jim Watson, Bush, ” Bush, Van Jones, ” Jones, Mike Myers, Myers, Lisa Respers Organizations: CNN, Kanye West, Hurricane Relief, National Oceanic, Atmospheric Administration, NOAA, Getty, Louisiana Superdome, Air Force, White, NBC, stoke, ” CNN Entertainment Locations: Gulf, New Orleans, Biloxi . New Orleans, AFP, West, Lisa Respers France

☆ China’s censorship is among the toughest in the world. So why did it let Kanye West play?
▼ + stars: | 2024-10-12 | by ( Chris Lau | ) edition.cnn.com time to read: +9 min

Hong Kong CNN —It seemed like an unlikely stage for Kanye West to unveil his new music. Music fans cheer during Kanye West's Vultures Listening Experience at Wuyuan River Stadium on September 15, 2024. One of the fastest-growing in the world, China’s music market became the fifth-largest market globally in 2022, according to IFPI, a trade body for the recorded music industry. China’s recorded music revenues grew 28.4% in 2022 from the year prior, compared with the global market rise of 9%, IFPI said. Bieber “engaged in a series of bad behaviors, both in his social life and during a previous performance in China,” China’s Ministry of Culture announced in 2015, without going into details.

Persons: –, Ye –, Ye, ”, Luo Yunfei, Xi Jinping, China “, Chen Dan, Mariah Carey, John Legend, Charlie Puth, Chen, Kanye, ” Chen, “, Ye’s, China’s, Hung Ho, fung, Bon, Jovi’s, Lama, Justin Bieber, Jay, Lady Gaga, Bieber “, Culture “, Ho, Johns Hopkins, it’s Organizations: Hong Kong CNN, Kanye, Communist Party, German, Adidas, Sports, Chinese Communist Party, China News Service, University of, Travelers, Xinhua, Kanye West, Visual China, Johns Hopkins University ., Oasis, China’s Ministry of Culture, Ministry, Culture, China, Nanjing University, China Daily, University of Richmond Locations: Hong Kong, China, Hainan, Hainan’s, Haikou, Beijing, Shanghai, “, Tokyo, British, Asia, Nanjing, Johns

There are many commemorations that mark important milestones for queer people and their allies: Pride Month, LGBTQ History Month, Lesbian Visibility Week and Transgender Day of Remembrance, among many others. For celebrities and others in the public spotlight though, coming out also means sharing their sexuality or gender identity with millions of people around the world. Here are a few of the people who have come out so far in 2024. Heidi Gutman / NBCU Photo Bank via Getty Images fileJulia FoxActor and author Julia Fox appeared to come out as a lesbian in a TikTok video shared in July. Stefania D'Alessandro / WireImage fileBruce Joel Rubin“Ghost” screenwriter Bruce Joel Rubin proved in June that it’s never too late to come out.

Persons: Reneé Rapp, Chappell Roan, Sophia Bush, Ashlyn Harris, “ I’ve, ”, ” Sophia Bush, Dimitrios Kambouris, Amber Ruffin, “, ” Ruffin, ” Amber Ruffin, Heidi Gutman, Julia Fox, Fox, Emily Gracin, ” Fox, Ye, Rachpoot, Bauer, Griffin, Maren Morris Singer Maren Morris, Tucker Carlson, Maren Morris, Jim Bennett, Trey Cunningham, he’s, Cunningham, Louisa Jacobson, Louisa Jacobson’s, Jacobson, Oscar, Meryl Streep, Christopher Polk, Zamata, Michael Buckner, Amanda Tori Meating, ” Meating, she’s, Richard Shotwell, Maya Massafera, Massafera poignantly, Roberto Cavalli, Stefania D'Alessandro, Bruce Joel Rubin, it’s Organizations: Pride, Getty, Fox News, U.S, The New York Times, Times, Glasgow . MI, New York Times, Lesbian, Variety, Entertainment, Vogue, Hollywood, Guardian Locations: Glasgow, Milan

☆ Ye accused of threatening to kill employee he asked to investigate Kardashian family, new lawsuit says
▼ + stars: | 2024-10-10 | by ( Natalie Musumeci | Palmer Haasch | ) www.businessinsider.com time to read: +6 min

Ye has been accused in a new lawsuit of threatening to kill a former employee. The plaintiff said he was asked to investigate the Kardashian family. AdvertisementYe, the embattled rapper formerly known as Kanye West, has been accused in a new lawsuit of threatening to kill an employee who says he was tasked with investigating bizarre conspiracy theories surrounding the Kardashian family. "John Doe was also tasked by Ye with investigating the Kardashian family and supposed various criminal links Ye believed they had with criminal enterprises, including alleged sex trafficking," the lawsuit says. Reps for Ye and the Kardashian family — which includes Ye's ex-wife, Kim Kardashian — did not immediately respond to a request for comment from Business Insider on Thursday.

Persons: Ye, Kardashian, —, John Doe, Ye's, Bianca Censori, Kim Kardashian, Pete Davidson, Pete Davidson's, Censori, Doe, Ron Zambrano, Zambrano Organizations: Service, Business, TikTok, TMZ, Donda Academy, Plaintiff, West Coast Employment Lawyers Locations: California, Australia, North West

☆ The Gap comeback that might actually be working
▼ + stars: | 2024-10-02 | by ( Cathleen Chen | ) edition.cnn.com time to read: +21 min

Designer Zac Posen — now creative director at Gap Inc., at the Vanity Fair Oscar party in March 2024. Danny Moloshok/ReutersSince 2014, the Gap brand has nearly halved its presence in North America, going from 968 stores in the market to 472 as of February. It makes up about 20% of overall Gap Inc. revenue, while Old Navy accounts for more than half. Before Gap, Posen was on track for a similar trajectory to Mizrahi’s. They started by redefining the positioning of each brand: Gap as a pop culture brand.

Persons: CNN — Zac Posen, Richard Dickson, Posen, Donald, Doris Fisher, Mickey Drexler, Drexler, Uniqlo, Zac Posen —, Danny Moloshok, Sonia Syngal, Dickson, Barbie, Troye Sivan, Da’vine Joy, Anne Hathaway, ” Posen, won’t, Zac, Isaac Mizrahi, ”, Gabriella Santaniello, Mizrahi, Zac Born, Saint Ann’s, Lola Schnabel, Julian Schnabel, Lena Dunham, Nicole Miller, Naomi Campbell, Grimm, —, Da'Vine Joy Randolph —, Jamie McCarthy, Yucaipa, Ron Burkle, Sean Combs, Zac Posen, Neiman Marcus —, Zac Posen — that’s, Zac Posen’s, it’s, Paco Rabanne, Patrick Robinson, Ye, Julie Gilhart, Gilhart, ” Dickson, Bernadette Peters, “, Harrison Ball, Ryan Murphy, ’ ”, TJ Maxx, Kennedy, Anne Hathway, Pietro S, Robert, William Fisher, didn’t, Mark Breitbard, Horacio Barbeito, Chris Blakeslee, Goodman, Stephanie Keith, Da’Vine Joy Randolph’s, Sivan, Hathaway, Julia Fox, influencer, Lee Peterson, hasn’t Organizations: The, Fashion, CNN, Old Navy, Inc, New Yorker, Gap Inc, Navy, Banana, Reuters, Mattel, Hollywood, Xcel Brands, QVC, Saint, Metropolitan Museum of Art, Central Saint Martins, New York Times, Centric Brands, Barneys, New York City Ballet, Swans, Disney, rockstar, Old, America ., Collins Group, Vogue, Bloomberg, Council of Fashion Designers of America, New York, Dôen Locations: Posen, San Francisco Bay, New, Banana Republic, Athleta, San Francisco, Oxford, Zara, North America, Asia, China, Republic, New York City, American, London, Bloomsbury, Balthazar, SoHo, Rome, Italy, New York, America, America . Banana

The two women with very similar names offer a snapshot of the different surrogate pools for Trump and Harris. The courting of celebrity endorsements is a long-running tradition in presidential politics and one that Democrats generally win. Swift criticized the fake posting, saying it was part of the reason she is backing Harris’ campaign. Even as he downplayed Harris’ level of celebrity endorsements, Trump has tried to use people with celebrity status to appeal to specific voter blocs. Shortly after Swift backed Harris, Trump said she would “probably pay a price” for the endorsement, and five days later on Truth Social he made his bluntest and most direct attack on Swift.

Persons: Kamala Harris, Scarlett Johansson, Donald Trump, Scarlett Johnson, Harris, Johnson, Trump, Johansson, Lara Trump, Vivek Ramaswamy, Oprah Winfrey, Jennifer Lopez, Chris Rock, Meryl Streep, Julia Roberts, Ye, Elon Musk, Hulk Hogan, Lil Wayne, Trump —, Harris ’, Kamala, ” Trump, Winfrey, “ She’s, Jamie Lee Curtis, ”, Hillary Clinton's, Katy Perry, Clinton, Joe Biden, Taylor Swift, Swift, “, Taylor Swift ” Organizations: Liberty, Trump, Democratic, Republican National Committee, Democratic National Convention, West, White, Democrats, Republicans, Puerto, AA, Puerto Ricans, Harvard University, Swift Locations: Wisconsin, Michigan, Hollywood, Pennsylvania, Puerto Rican, Puerto

MTV’s Video Music Awards are back to celebrate the best music videos of the year, and, if you can believe it, the network has now been at it for 40 years. After all, it was the 1984 MTV VMAs when Madonna wore her iconic wedding dress and performed “Like a Virgin” to open the show. And who could forget when Ye, then known as Kanye West, stole the microphone from Taylor Swift in 2009? But the big question of the evening will be whether Taylor Swift and Beyoncé are in attendance. If Swift wins three of her awards, she could overtake Beyoncé for the distinction of having won the most MTV VMAs ever.

Persons: Madonna, Ye, West, Taylor Swift, Beyoncé, Megan Thee Stallion, Chappell Roan, Sabrina Carpenter, Camila Cabello, Eminem, Lenny Kravitz, Katy Perry, MTV’s, Lil Nas X, Miranda Lambert, DJ Khaled, Swift, Travis Kelce, MTV VMAs, she'll, Swift’s, ” Kendrick Lamar’s, Teddy, Jack Harlow’s “, Shaboozey, Gracie Abrams, Roan, Carpenter, Abrams, Morgan Wallen Organizations: MTV, UBS Arena, LL, U.S ., VMA Locations: Long, New York, Brooklyn

☆ Remember when Lady Gaga ‘bled’ onstage at the 2009 VMAs?
▼ + stars: | 2024-09-10 | by ( Caitlin Chatterton | ) edition.cnn.com time to read: +6 min

But never one to be overshadowed, Lady Gaga, then 23, made some pop culture history of her own that night. While singing "Paparazzi," blood poured out from under the artists' leotard. “I’m your biggest fan, I’ll follow you until you love me,” Gaga wailed desperately, her once-pristine outfit now daubed in scarlet. “I think Lady Gaga is the best performer of our generation.” The “Drivers License” singer appeared to take notes. As well as taking home the Best New Artist trophy in 2009, Gaga went on to win another two, for Best Special Effects and Best Art Direction.

Persons: Lady Gaga, Ye, Taylor Swift, —, Christopher Polk, Gaga wailed, ” Olivia Rodrigo, “, Gaga, Olivia Rodrigo, Kevin Mazur, Rodrigo wasn’t, Addison Rae, Madison Beer, Reneé Rapp, ” Beer, ” Rapp, ”, Isabella Blow, Jon Caramanica, Nick Movshon, “ Gaga, I’m, Marilyn Monroe …, Anna Nicole Smith, Chris Moukarbel, ’, Amy Winehouse, Chappell Roan —, Babe ! ”, Drew Afaulo’s, “ I’m, Roan —, she’s Organizations: CNN, MTV, Daily, New York Times, “, VMA, New Locations: Beyoncé, “

☆ Rapper Ye is set to perform a controversial show in China this week — and many are wondering why
▼ + stars: | 2024-09-10 | by ( Serenitie Wang | ) www.cnbc.com time to read: +4 min

"This is Hainan trying hard to forge its branding as an international destination," said Michael Zhou, founder of Jingjian, a consultancy specializing in China tourism. The tropical island of Hainan, dubbed the "Hawaii of China," has long been a top travel destination for domestic tourists. According to Zhou, the bulk of Hainan's tourism income comes from hotel stays and duty-free shopping. "As it is the largest duty-free channel in China, Hainan's duty-free sales decline is inevitable," said Charlie Chen, head of Asian Research at China Renaissance, a financial institution. Ye and the China connectionCDF Haikou International Duty Free City is one of many duty-free malls on the Chinese island of Hainan.

Persons: Du, Ye, Michael Zhou, Zhou, netizens, Ye's, Charlie Chen, Hainan's, Luo Yunfei Organizations: straitlaced Communist Party, Communist, Hainan's Provincial, of Statistics, Haikou, Asian Research, Duty, China News Service, Getty Locations: Hainan, Shanghai, China, Weibo, Beijing, Ye, Hawaii

☆ Right-wing media figures launch flurry of attacks on Tim Walz in race to define VP candidate
▼ + stars: | 2024-08-07 | by ( Oliver Darcy | ) edition.cnn.com time to read: +3 min

New York CNN —The Republican Party’s media allies are yet again struggling to coalesce around a single attack on the Democratic ticket. GET RELIABLE SOURCES IN YOUR INBOX A daily digest chronicling the evolving media landscape with uncompromising reporting and analysis. Fox News, naturally, led the charge, with the right-wing network devoting segment after segment to assailing Walz and his character. Since she assumed the top spot on the Democratic ticket in July, right-wing media has been noticeably struggling to present a cohesive narrative against her. It remains to be seen whether the Trump campaign will eventually establish a clear and consistent strategy for defining Harris and Walz.

Persons: Kamala Harris, Tim Walz, Walz, assailing Walz, Sean Hannity, Walz —, United States ” —, Hannity, Josh Shapiro, ” Jeanine Pirro, Donald Trump, Nick Fuentes, Adolf Hitler, Kanye, Harris, Trump, Joe Biden’s Organizations: New, New York CNN, Republican, Democratic, Minnesota, Fox News, Media, Fox, Democrat, Mar, Kanye West Locations: New York, China, United States, Pennsylvania, Gaza

Former President Donald Trump on Monday continued a streak of appearances with controversial influencers, this time in a 90-minute livestream with Adin Ross. During the interview, Trump told Ross that his sons introduced the idea of the collaboration to him, touting how “big” of an influencer he was. In December 2022, Jewish and anti-hate organizations spoke out against Ross’ plans to interview Ye, the artist formerly known as Kanye West. Ross canceled the interview after a phone call with Ye, during which Ross said that Ye made anti-Jewish comments. Gavin Newsom, who Trump called “New-scum,” and Rep. Alexandria Ocasio-Cortez, D-N.Y., whose “spark” Trump praised and Ross referred to as "Alexandra Cortez."

Persons: Donald Trump, Adin Ross, Trump, Ross, YouTuber Logan Paul, JD, influencers, Kamala Harris ’, Kick’s, Ross ’, Ye, Kanye West, influencer Andrew Tate, Paul, Kim Jong, Xi, Gavin Newsom, Alexandria Ocasio, Alexandra Cortez, Elon Musk, ”, Joe Biden Organizations: Mar, YouTube, Nelk Boys, Republican, National Association of Black Journalists, Kanye, California Gov, “, X, Rolex Locations: Venezuela, Romania, North, Alexandria, Cortez, ”

☆ European markets head for higher open ahead of euro zone inflation, Fed decision
▼ + stars: | 2024-07-31 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

LONDON — European markets looked set to maintain positive momentum on Wednesday, with euro zone inflation due and corporate earnings still in focus. On the data front, inflation figures for the euro zone will be published at 10 a.m. London time. It comes after second-quarter gross domestic product for the euro zone came in at 0.3% on Tuesday, slightly higher than expected. In the U.S., the Federal Reserve is expected to keep interest rates steady on Thursday. In Asia, all eyes are on the Bank of Japan as it raised its benchmark interest rate to 0.25% from its previous range of 0% to 0.1% and outlined a plan to taper its bond buying program.

Organizations: HSBC, Adidas, Kanye, Federal Reserve, Bank of Japan Locations: London, U.S, Asia

☆ Can money buy happiness? It really depends
▼ + stars: | 2024-07-28 | by ( Andrea Kane | ) edition.cnn.com time to read: +7 min

(CNN) — Can money buy happiness? “This notion that money cannot buy happiness is just, like, patently false,” social psychologist Elizabeth Dunn recently told CNN Chief Medical Correspondent Dr. Sanjay Gupta on his podcast Chasing Life. “Money can absolutely buy happiness,” said Dunn, the coauthor of “Happy Money: The Science of Happier Spending.” “And if you hear anyone say money can’t buy happiness, I would say, tell them to try giving some of it away.”You can listen to the full episode here. “Don’t just buy things you like all the time without even thinking about it,” Dunn said. “And if so, could you use money to buy your way out of it?”Dunn said her research showed that buying time is a great and underutilized way to turn money into happiness.

Persons: Sanjay Gupta, —, “, Kanye West, Elizabeth Dunn, Dunn, ”, ” Dunn, There’s, “ Don’t Organizations: CNN, University of British, Ikea . Pay Locations: University of British Columbia, Canada

☆ Adidas shares rise after hiking 2024 guidance
▼ + stars: | 2024-07-17 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +2 min

Shares in Adidas were slightly higher on Wednesday after the company announced it would hike its full year 2024 earnings guidance following better-than-expected preliminary results for the second quarter. Adidas rose nearly 5% after markets opened on Wednesday before paring gains to around 2% by the market close. Adidas said its revenues rose 11% in the second quarter, compared to the previous year. Excluding sales of the struggling Yeezy line in both year, currency-neutral revenue rose 16% in the quarter, Adidas noted. The company had already hiked its 2024 outlook once this year after releasing its first-quarter results, which also beat expectations.

Persons: Ye Organizations: Adidas Locations: German, €

☆ Trump's ready for his big moment, though he's been winning without one
▼ + stars: | 2024-07-13 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +6 min

Donald Trump is on a winning streak, which is all the more remarkable because he's barely played the game. He's in the strongest position any Republican presidential hopeful has been in July since George W. Bush in 2000. AdvertisementSince the debate, Biden has faced almost daily onslaught of Democrats calling him to step aside. Even as he's refrained from rallies, he's still ranting on social media. Trump also handed Biden's campaign a major gift by offering one of his signature "I don't know them" denials about Project 2025.

Persons: Donald Trump, he's, Joe Biden's, Trump, Biden, George W, Bush, Doug Sosnik, Kevin Dietsch, Jen O'Malley Dillon, Julie Chavez Rodriguez, Matt Gaetz, Marjorie Taylor Greene, He's, George Clooney, a5OhK8tKYL — David Weigel, Amber Rose, Kanye, Dana White, Mike Pence Organizations: Service, CNN, Trump, Republican, Electoral College, The New York Times, NATO, The Associated Press, Business, Democratic, Republicans, National Weather Service, Supreme Court, Capitol, New, GOP, Republican National Convention, Wall Street Journal, UFC Locations: Trump, New York, Milwaukee, New Hampshire, Minnesota, Virginia, New Mexico, Florida, Georgia

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