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☆ Why working-class White women could be so decisive this fall
▼ + stars: | 2024-10-15 | by ( Ronald Brownstein | ) edition.cnn.com time to read: +19 min

Those working-class White women loom as a critical, potentially even decisive, factor in Trump’s third White House bid. But while White women with a college degree have trended toward the Democrats in the presidential campaigns since then, the White women without a college degree have moved sharply in the opposite direction. She acknowledges that Trump’s alarms have resonated among working-class White women, especially older ones. Not only college-educated White women, but also the equivalent White men were much more likely than the blue-collar White women to express positive views about Harris and negative ones about Trump, Gallup found. “I think there is a lot of implicit [gender] bias with” these working-class White women, Lake said.

Persons: Kamala Harris, Donald Trump’s, Trump, Joe Biden’s, it’s, Harris, Harris doesn’t, ”, Lake, “, Evelyn Hockstein, Reuters “, Bradley Beychok, Beychok, gee, ” Beychok, Donald Trump, Roe, Wade, Bill Clinton, George W, Bush, Al Gore, Chip Somodevilla, Barack Obama’s, Hillary Clinton, Clinton, Biden, – Harris, ” Lake, Republican pollster Christine Matthews, William Frey, ” Trump, Julia Demaree Nikhinson, –, Jackie Payne, Payne, pollsters, Jon McHenry, McHenry, Joe Biden, Mathews, Matthews, Vance, ” Matthews, White, Gallup Organizations: CNN, White, Electoral, Democrats, Trump, Democratic, PAC, Reuters, American, Republican, Edison Research, Pew Research, Michigan, Quinnipiac University, Marquette Law School, Metro, Dodge, Airport, Biden, New York Times, ”, Times, Gallup Poll, Gallup Locations: Michigan, Pennsylvania, Wisconsin, Michigan , Pennsylvania, Flint , Michigan, Reading , Pennsylvania, Southern, Philadelphia, Juneau , Wisconsin, Siena, White, Wilkes, Barre , Pennsylvania

☆ Carrots are an easy way to get more nutrients in, according to nutritionists
▼ + stars: | 2024-07-08 | by ( Taylor Nicioli | ) edition.cnn.com time to read: +5 min

CNN —Vegetables are great not only for their versatility — they can be eaten raw or cooked, whole or chopped — but also for their health benefits. Eating three servings of baby carrots a week can give a significant boost of important nutrients found in the orange root vegetables, according to a new unpublished study presented June 30 in Chicago at Nutrition 2024, the annual meeting of the American Society for Nutrition. After four weeks, the researchers found those who ate the carrots had a 10.8% increase in carotenoids in their skin, natural antioxidants found to have health benefits, such as preventing inflammation and promoting heart health, according to the Cleveland Clinic. But those who consumed the carrots and the supplement saw the most benefits and increased their skin carotenoids by 21.6%. Eating vegetables can protect against heart disease, some cancers, diabetes and obesity, according to the CDC.

Persons: Mary Harper Simmons, hummus —, ”, Simmons, “, I’m, Suresh Mathews, Sander Kersten, Kersten, ” Simmons Organizations: CNN, Nutrition, American Society for Nutrition, Surveys, for Disease Control, Samford University, Cleveland Clinic, Cornell University, National Institutes of Health, CDC, Health, American College Health Association Locations: Chicago, Alabama, United States

☆ Esports World Cup: The new tournament in Saudi Arabia causing a big splash and division in the industry
▼ + stars: | 2024-07-06 | by ( Ben Church | ) edition.cnn.com time to read: +12 min

The Esports World Cup (EWC) – which began on July 3 – has brought together professional gamers, publishers and fans from across the world for an eight-week competitive gaming bonanza. To bring this on the similar scale as the largest traditional sports events and something that brings together the whole industry,” Reichert said. Discovery – CNN’s parent company – and the Esports World Cup Foundation agreed to a new partnership which includes Eurosport, CNN and other WBD platforms. “From my experience, there are a lot of people in [Saudi Arabia] that love their games, right to the top. “It’s probably unprecedented how quickly Saudi Arabia is moving ahead in its progression.

Persons: –, Ralf Reichert, ” Reichert, “, Gen.G, Mohammed Saad, Reichert, ”, Sam Mathews, It’s, it’s, Prince Mohammed bin Salman, sportswashing, SGG, Rod Breslau, “ It’s, ” Dana Ahmed, Manahel, Otaibi, Nick McGeehan, FairSquare, Mohamed bin Salman, Liquid’s, Steve Arhancet, Mathews Organizations: CNN, CNN Sport, Riot, New York Times, Adidas, Warner Bros, Eurosport, Anadolu, Getty, EWC, EWC Foundation, Saudi, MBS, Fox News, Investment Fund, Gaming, Amnesty, Fnatic, “ Locations: Saudi, Saudi Arabia, esports, “ Saudi Arabia, Breslau

☆ Some consumers are punting big purchases like pools and mattresses
▼ + stars: | 2024-05-18 | by ( Alex Harring | ) www.cnbc.com time to read: +8 min

Rachel Wisniewski | ReutersAmericans are kicking the can down the road on some more-costly, traditionally financed purchases as elevated inflation and interest rates bite. "As a result, consumers continue to scrutinize their spending and make near-term decisions based primarily on need, price and perceived value. But those options have fallen out of favor as interest rates rose. He also cited increased interest rates as another weight on their shoulders. Lofty interest rates have also hampered housing improvement efforts for those staying put, according to Home Depot .

Persons: Rachel Wisniewski, Joe, Shelly Ibach, Ibach, FactSet, Mark Mathews, Platt, J, Mitchell Dolloff, Dow Jones, it's, Mathews, Enphase, Badri Kothandaraman, Marc Bitzer, Patrick T, bode, Robert Ohmes, Richard McPhail, It's, McPhail Organizations: Reuters, Reserve, Prosper, National Retail Federation, San Francisco Fed, New York Fed, Management, Commerce Department, Consumers, Whirlpool, Fallon, Bloomberg, Getty, Bank of America, CNBC Locations: Gilbertsville , Pennsylvania, Minneapolis, U.S, California, Torrance , Calif, Minnesota

Learn moreThe first Monday of May is here, which means that it's officially time for the 2024 Met Gala. We've compiled everything you need to know about the event, including who will be in attendance and where to watch a free Met Gala red carpet live stream. Where to watch the Met Gala in the USThe Met Gala will live stream exclusively through Vogue. via live TV packages like Sling TV and Hulu + Live TV. Shop at SlingHulu + Live TV Hulu + Live TV includes over 90 channels, along with Hulu's on-demand library and access to Disney Plus and ESPN Plus.

Persons: We've, Anna Wintour, you've, Wintour, Gwendoline Christine, La La, Ashley Graham, Emma Chamberlain, Ross Mathews, you'll, Hulu's, TikTok, ExpressVPN, Will Taylor Swift, Taylor Swift, Swift hasn't, they've, Swift, Zendaya, Jennifer Lopez, Chris Hemsworth, Loewe, Jonathan Anderson, Shou Zi Chew, Kardashian, Jenner Organizations: Business, Vogue, YouTube, La La Anthony, Hulu, Disney, ESPN, Disney Plus Locations: Hulu, England, France

☆ Google partners with Bayer on new AI product for radiologists
▼ + stars: | 2024-04-09 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +4 min

"That whole process flow is designed to help radiologists get through their task with assistance more quickly," Kurian said in an interview. Google Cloud and Bayer are not the only companies exploring AI applications for medical imaging. Google Cloud has been working with Bayer on the radiology platform for around five years. The foundation was built using existing Google Cloud solutions like Vertex AI, Healthcare API and BigQuery, and Kurian said the platform's data is encrypted. Google Cloud and Bayer are exploring a number of different pricing models for the platform, he said.

Persons: Thomas Kurian, radiologists, Kurian, Keith Kirkpatrick, there's, Kirkpatrick, Bayer, Guido Mathews, Mathews Organizations: Google, Bayer, Tuesday, CNBC, Radiological Society of North, American College of Radiology's, Google Cloud, Philips, Amazon Web Services, GE HealthCare Locations: U.S, Radiological Society of North America, Netherlands

☆ CPAP replacement works well for the overweight, not obese, study finds
▼ + stars: | 2024-04-04 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +9 min

CNN —An implant for obstructive sleep apnea — a serious sleep malady in which breathing stops for 10 seconds to two minutes many times an hour each night — works best in people who are overweight but not severely obese, a new study found. “There’s a huge unmet need of patients that are suffering with obstructive sleep apnea and not able to tolerate CPAP,” Landsness said. nicolesy/iStockphoto/Getty ImagesAbout a third of patients have difficulty using a CPAP and may ultimately abandon the device, Landsness said. Obstructive sleep apnea is also connected to type 2 diabetes, asthma, obesity, kidney disease, chronic obstructive pulmonary disease, thyroid disease and mental illnesses such as depression and anxiety. “As an alternative treatment for sleep apnea, this hypoglossal nerve stimulation surgery could revolutionize some people’s lives,” he said.

Persons: Eric Landsness, St . Louis, ” Landsness, ”, Kristen Knutson, “, Landsness, CPAP, Brandon Peters, Mathews, ” Peters, Raj Dasgupta, Dasgupta, “ I’ve Organizations: CNN, Washington University School of Medicine, Medicare, BMI, Northwestern University’s Feinberg School of Medicine, Virginia Mason Medical Center, Food and Drug Administration, Huntington Health, Mayo Clinic, telltale Locations: St ., Chicago, Seattle, Pasadena , California

☆ Waking up in the middle of the night? Here’s why it could be normal
▼ + stars: | 2024-03-12 | by ( Taylor Nicioli | ) edition.cnn.com time to read: +7 min

Waking up several times throughout the night is a natural occurrence often due to sleep architecture, which are the stages of sleep that one cycles through every night. When people naturally wake up in the night, they are more likely to remember it happening during the second half of the night. That’s when people typically have longer REM stage, light sleep, while the first half of the night has longer stages of deep sleep instead. The most important thing to do when waking up in the middle of the night is to resist looking at the clock, Peters-Mathews said. It’s also important to ensure the awakenings are not happening from something external, such as disturbances from your sleep partner, Peters-Mathews said.

Persons: Brandon Peters, Mathews, ” Peters, —, ”, Michelle Drerup, Drerup, that’s, ” Drerup, It’s, Peters, Cathy Goldstein, Goldstein, we’re, ” Goldstein, — Goldstein, it’s Organizations: CNN, Virginia Mason Franciscan Health, Sleep, Cleveland Clinic, University of Michigan Health, University of Michigan Sleep Disorders Locations: Virginia, Seattle, Ann Arbor

☆ War in Ukraine is showing US Army soldiers what they'll need to worry about in future fights, generals say
▼ + stars: | 2024-02-27 | by ( Chris Panella | ) www.businessinsider.com time to read: +7 min

But amid the horrors are lessons, two US Army generals recently told Business Insider during an interview at Fort Wainwright in Fairbanks, Alaska. Drones continue to be a dominant element of the war in Ukraine as both Ukraine and Russia ramp up production and development. Before drone warfare became as widespread and prevalent as it is in Ukraine today, troops had smaller ranges to worry about. And the range at which troops need to be able to suppress munitions and long-range capabilities has changed as well. Joshua KleinholzThe use of electronic warfare and sophisticated air defenses in Ukraine, too, has the Army rethinking what future wars could look like.

Persons: Charles Flynn, Cpl, Donte Mathews, Michael Virtue, Brian S, Flynn, they're, Matthew Coutts, Joshua Kleinholz, Eifler, we've, Maj, Demetrius Johnson, it's, haven't Organizations: Business, Army, US Army Pacific, Marine, 11th Airborne Division, Air Force Tech, Joint Pacific Multinational Readiness Center, US Army Locations: Ukraine, Europe, Wainwright, Fairbanks , Alaska, Russia, Russian, Camp Lejeune, N.C, Southwest Asia, Iraq, Afghanistan, Alaska

☆ Opinion: I’m a Christian who underwent IVF in Alabama. The state supreme court decision is devastating
▼ + stars: | 2024-02-23 | by ( Opinion Rebecca Mathews | ) edition.cnn.com time to read: +5 min

CNN —Having struggled with infertility, I’ve spent nearly all of the past 10 years focusing solely on creating life. Our two children were conceived in Alabama through in-vitro fertilization (IVF), the science of creating, freezing and attempting to implant embryos in my womb. And although IVF is very much a wonder of modern science, as a Christian, I believe it is a gift from God. Women who miscarry an embryo implanted through IVF may wonder if their actions are illegal, and if so, whether they will be prosecuted. I’d like to know how many of the justices who conferred personhood on embryos know someone who had to create and miscarry multiple embryos in order to finally have a child.

Persons: Rebecca Mathews, CNN —, I’ve, Ivan Couronne, Tom Parker, Jeremiah, ’ ”, Parker, “, God Organizations: CNN, Alabama, Virginia Center for Reproductive Medicine, Getty Locations: Alabama, Colorado, AFP, Birmingham

☆ The BT Tower, London’s futuristic landmark, to become hotel
▼ + stars: | 2024-02-21 | by ( Lianne Kolirin | ) edition.cnn.com time to read: +4 min

London CNN —Tourists who fancy getting a top-down view of London may soon be able to book themselves a room in the city’s famous BT Tower. Situated in Fitzrovia, central London, it was officially opened by the then-prime minister, Harold Wilson, the following year. An aerial view of the BT Tower Tim Motion/Construction Photography/Avalon/Getty ImagesOriginally known as the Post Office Tower, the building was designed to relay microwave signals carrying telecommunications from London around the country. It remained London’s tallest building until 1980, when it was overtaken by the NatWest Tower in the financial district. It’s been a privilege to adapt the TWA Flight Center into new use for future generations, as it will be the BT Tower.”

Persons: Harold Wilson, Tim, Brent Mathews, “ It’s, Eero Saarinen’s, John F, Kennedy, Muhammad Ali, Tyler Morse, Morse, It’s Organizations: London CNN — Tourists, BT, “, BT Group, British, Post, NatWest, MCR, TWA, Big Apple, Art Deco New Yorker, TWA Flight, Center Locations: London, Westminster, Fitzrovia, England, New, JFK

☆ I tried the chocolate cake that Ina Garten said is the 'most fabulous' she's ever made, and it's the perfect dessert
▼ + stars: | 2024-02-02 | by ( Anneta Konstantinides | ) www.businessinsider.com time to read: +1 min

Ina Garten doesn't just love Beatty's Chocolate Cake. She said it's "the most fabulous chocolate cake that I've ever made." Garten learned of Beatty's Chocolate Cake from a good friend. "He actually served this cake to me once at dinner and I just begged him for the recipe," Garten said on an episode featuring the cake. Monte Mathews, a friend of Grimm's, shared the story behind the famous cake on his blog Chewing The Fat.

Persons: Ina Garten, Garten, Peter Kramer, Michael Grimm, Beatty, Monte Mathews, Grimm's, Mathews Organizations: NBC, Hamptons Locations: Pennsylvania

☆ GSK Confidentially Settles Another Zantac Lawsuit in California
▼ + stars: | 2024-02-01 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +1 min

(Reuters) -GSK said on Thursday it agreed to confidentially settle one more lawsuit in California that alleged its discontinued heartburn drug Zantac caused cancer, the latest in a series of settlements to end costly litigation. While NDMA can be present in low levels in food and water, research has found it causes cancer in larger amounts. The US Food and Drug Administration (FDA) in 2020 pulled Zantac and its generic versions off the market, triggering a wave of lawsuits. As of October, GSK still faced about 79,000 cases related to Zantac in the United States, with 73,000 of them in Delaware. Analysts have estimated total settlement costs for GSK of around $5 billion, set to be realised in the first quarter of 2024.

Persons: drugmaker, Zantac, Eva Mathews, Savio D'Souza, Rashmi Organizations: Reuters, GSK, US Food and Drug Administration Locations: California, United States, Delaware . California, Bengaluru

NEW YORK (AP) — N. Scott Momaday, a Pulitzer Prize-winning storyteller, poet, educator and folklorist whose debut novel "House Made of Dawn" is widely credited as the starting point for contemporary Native American literature, has died. “His Kiowa heritage was deeply meaningful to him and he devoted much of his life to celebrating and preserving Native American culture, especially the oral tradition." Like Joseph Heller’s “Catch-22,” Momaday’s novel was a World War II story that resonated with a generation protesting the Vietnam War. Addressing a gathering of American Indian scholars in 1970, Momaday said, “Our very existence consists in our imagination of ourselves.” He championed Natives' reverence for nature, writing that "the American Indian has a unique investment in the American landscape." Audio guides to tours of the Smithsonian Institution's Museum of the American Indian featured Momaday's avuncular baritone.

Persons: Scott Momaday, Momaday, “ Scott, ”, Jennifer Civiletto, “, Kiowa, John Joseph Mathews, Marshall Sprague, Scott Momaday's, Joseph Heller’s “, Leslie Marmon Silko, James Welch, Louise Erdrich, Joy Harjo, Robert Redford, Jeff Bridges, George W, Bush, Regina Heitzer, Cael, Navarre Scott Mammedaty, Momaday's, Fran McCullough, Billy the Kid, ” Redford, Scott, “ I’m, ” Momaday, Russell Contreras Organizations: HarperCollins, PBS, American Indians, New York Times, Stanford, Princeton, NPR, of, Academy of American Poets, Kiowa Nation, Smithsonian Institution's Museum, Indian, University of Mexico, Associated Press Locations: Santa Fe , New Mexico, New Mexico, Jemez Pueblo, Vietnam, American, Columbia, Dayton, Lawton , Oklahoma, Arizona , New Mexico, North Dakota, Wyoming

☆ Drew Barrymore says she got catfished on a dating app by someone pretending to be an NFL player
▼ + stars: | 2024-01-29 | by ( Amanda Goh | ) www.businessinsider.com time to read: +2 min

Read previewDrew Barrymore says she was once catfished on a dating app by someone pretending to be an NFL player. The actor recounted her bad experience with online dating during Friday's episode of "The Drew Barrymore Show." "This guy on my app said he was the quarterback for the Los Angeles Rams," Barrymore told co-host Ross Mathews, per a clip uploaded onto her TikTok channel. Barrymore said she wanted to share that she had watched the team's first practice game, so she messaged the person. This is not the first time the actor has spoken about her dating app experiences.

Persons: —, Drew Barrymore, Barrymore, Ross Mathews, Drew, You've, Andy Cohen, Will Kopelman, Kopelman, Olive, Frankie Organizations: Service, NFL, Business, Los Angeles Rams, LA Rams Locations: Los Angeles, New York

☆ TikTok's Lunden and Olivia Stallings are straight people's favorite lesbian couple. What do they owe queer fans?
▼ + stars: | 2024-01-25 | by ( Kate Taylor | ) www.businessinsider.com time to read: +29 min

Lunden and Olivia told me their mission as influencers was to "represent and inspire others to be their authentic self." Advertisement"I did feel represented by them," Asia said, but the tweets "showed me that they are still white women." "We are especially confident in our sexuality and the way that we feel and who we are," Olivia told me. Lunden and Olivia told me they want to advocate for all LGBTQ+ people, including those who don't look like them. It's a chance, the couple told me, to combat the hate and negativity LGBTQ+ parents face.

Persons: Lunden Stallings, Olivia Bennett, Monique Lhuillier, Lunden, Taylor Swift, Stallings, David Yurman, preppy, Olivia, TikTok, Kendrick Brinson, who's, you've, Madison Mathews, sunnies, peck, they'd, Brooklynites, Remington, Zeta Tau, Olivia DMed Lunden —, Justin Bieber, snapbacks, haven't, Lunden's, Ellie Goulding's, Olivia couldn't, Caroline Bayne, Lunden's TikTok, Zara, Mercedes, Sophie, It's, Jackie J, Jackie, There's, Bud Light, Dylan Mulvaney, influencers, They've, KenzKustomz, Krysten Stein, Black influencers, Stein, Hill, millennials Organizations: Naylor, People, Business, Alabama, Chevrolet, New York Post, Daily Mail, Madison, University of Central, Jacksonville State University, Zeta Tau Alpha, University of Alabama's, University, Minnesota, BI, Braves, Rover, Pride, Nielsen, Saks, University of Illinois Locations: Roswell , Georgia, Asia, Olivia, Charleston, LoveShackFancy, Powder Springs , Georgia, Atlanta, Blytheville , Arkansas, University of Central Arkansas, Alabama, Roswell, Austin, RushTok, Alpharetta, Charleston , South Carolina, Southern, Publix, Fayetteville , Arkansas, University of Illinois Chicago

☆ CVS Plans to Overhaul How Much Drugs Cost
▼ + stars: | 2023-12-05 | by ( Anna Wilde Mathews | ) www.wsj.com time to read: 1 min

Pharmacies currently are paid using complex measures that aren’t directly based on money spent to purchase specific drugs. Photo: Stephanie Keith/Bloomberg NewsCVS Health , the nation’s largest drugstore chain, will move away from the complex formulas used to set the prices of the prescription drugs it sells, shifting to a simpler model that could upend how American pharmacies are paid. Under the plan, CVS’s roughly 9,500 retail pharmacies will get reimbursed by pharmacy-benefit managers and other payers based on the amount that CVS paid for the drugs, in addition to a limited markup and a flat fee to cover the services involved in handling and dispensing the prescriptions. Today, pharmacies are generally paid using complex measures that aren’t directly based on what they spent to purchase specific drugs.

Persons: Stephanie Keith Organizations: Bloomberg, CVS Health

☆ UK's Petrofac looking to sell some assets; warns on cash flow
▼ + stars: | 2023-12-04 | by ( ) www.reuters.com time to read: +1 min

Dec 4 (Reuters) - Oilfield services firm Petrofac Ltd (PFC.L) said on Monday it was in discussions over the sale of its non-core assets and that it will no longer be able to meet its full-year guidance of "broadly neutral free cash flow" due to payment delays. "While the group has made progress in reaching contractual settlements and unwinding working capital, given delays in securing advance payment guarantees, it no longer expects to receive these advances before the year-end," Petrofac said in a statement. The company added it is exploring potential new financial options across all its classes of capital, and is actively engaged in discussions with investors to take a non-controlling position in certain other components of its business portfolio. Last week, shares in London-listed Petrofac dropped to a record low as analysts flagged concerns over its balance sheet due to payment delays. Reporting by Eva Mathews in Bengaluru; Editing by Nivedita BhattacharjeeOur Standards: The Thomson Reuters Trust Principles.

Persons: Petrofac, Eva Mathews, Nivedita Organizations: Petrofac, Thomson Locations: London, Bengaluru

☆ Tech firms, Wall Street lead job cuts in Corporate America
▼ + stars: | 2023-12-04 | by ( ) www.reuters.com time to read: +9 min

TECHNOLOGY, MEDIA AND TELECOM SECTORMeta Platforms (META.O):The Facebook-parent said it would cut 10,000 jobs, just four months after it let go 11,000 employees. read moreMicrosoft Corp (MSFT.O):The U.S. tech giant said it would cut 10,000 jobs by the end of the third quarter of fiscal 2023. The company laid off under 1,000 employees across several divisions in October, Axios reported, citing a source. Workday (WDAY.O):The software company will cut roughly 500 jobs, or 3% of its workforce, citing a challenging macroeconomic environment. Morgan Stanley (MS.N):The Wall Street powerhouse was planning to cut about 3,000 jobs in the second quarter ended June 30, Reuters reported in May.

Persons: Brendan McDermid, Goldman Sachs, Axios, Pat Gelsinger, Elon Musk, Morgan Stanley, Lazard, Coinbase, cryptocurrencies, Phillips, Johnson, Joseph Wolk, Deborah Sophia, Akash Sriram, Granth Vanaik, Eva Mathews, Yuvraj Malik, Sourasis Bose, Priyamvada, Tiyashi Datta, Manya Saini, Jaspreet Singh, Maju Samuel, Sriraj Kalluvila, Pooja Desai Organizations: REUTERS, TELECOM, Meta, Facebook, IBM Corp, Spotify Technology SA, Spotify, Microsoft Corp, Intel Corp, Reuters, New York Times, Elon, Cisco Systems, HP, Rivian, Match, Dell Technologies, Technologies, U.S . Central Intelligence Agency, Goldman Sachs, Wall, Citigroup, Bloomberg News, BlackRock, Bed, Dow, Johnson, 3M, Thomson Locations: New, Wall, U.S, York, New Jersey, Bengaluru

☆ 'The great wealth transfer' is here: Billionaires set to transfer trillions to their kids
▼ + stars: | 2023-11-30 | by ( Robert Frank | ) www.cnbc.com time to read: +3 min

It marked the first time in the nine-year history of the report that newly minted billionaires accumulated more wealth from inheritance than starting a business. "The great wealth transfer, which we've all been talking about for the last 10 years, is underway," said John Mathews, head of UBS' Private Wealth Management division. Their total wealth great by 9% -- from $11 trillion to $12 trillion. The great wealth transfer from billionaires and multi-millionaires will likely change the landscape in investing and wealth management, as well as spending and philanthropy. "The wealth management industry needs to focus on those industries that can help accelerate the ability to invest in these areas," Mathews said.

Persons: John Mathews, Jeff Bezos, Mathews Organizations: UBS Billionaire, UBS, Private Wealth Management, Amazon

A tie-up between Cigna and Humana would breathe new life into the M&A market. Photo: Joe Buglewicz/Bloomberg NewsCigna and Humana are in talks for a combination that would create a new powerhouse in the health-insurance industry. The companies are discussing a stock-and-cash deal that could be finalized by the end of the year, assuming the talks don’t fall apart, according to people familiar with the matter.

Persons: Joe Buglewicz Organizations: Bloomberg Locations: Cigna

☆ UK regulator says Adobe's $20 bln Figma deal could harm sector
▼ + stars: | 2023-11-28 | by ( ) www.reuters.com time to read: 1 min

Adobe logo is seen on smartphone in this illustration taken June 13, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsNov 28 (Reuters) - Britain's competition regulator on Tuesday said Photoshop owner Adobe Inc's (ADBE.O) $20 billion buyout of cloud-based designer platform Figma would "likely harm innovation for software used by the vast majority of UK digital designers." In July, the Competition and Markets Authority (CMA) launched an in-depth, or phase two, investigation into the deal after Adobe said it would not offer any concessions to ease the regulator's concerns. Reporting by Eva Mathews in Bengaluru; Editing by Nivedita BhattacharjeeOur Standards: The Thomson Reuters Trust Principles.

Persons: Dado Ruvic, Eva Mathews, Nivedita Organizations: REUTERS, Adobe, Markets Authority, CMA, Thomson Locations: Bengaluru

☆ Barclays in talks to buy Metro Bank's mortgage book worth $3.74 bln - Sky News
▼ + stars: | 2023-11-27 | by ( ) www.reuters.com time to read: +1 min

A view shows signage on a branch of Barclays Bank in London, Britain, March 17, 2023. REUTERS/Peter Nicholls/File Photo Acquire Licensing RightsNov 27 (Reuters) - Britain's Barclays (BARC.L) is in exclusive talks to buy embattled lender Metro Bank's (MTRO.L) 3 billion pound ($3.74 billion) residential mortgages portfolio, Sky News reported on Monday. Both Barclays and Metro Bank declined to comment. The report comes after Britain's best-known challenger bank announced a 325 million pound capital raise and 600 million pound debt refinancing in early October, in a bid to bolster its finances. Last month, Santander's (SAN.MC) chief executive officer Hector Grisi had said the Spanish bank may consider looking into acquiring a mortgage portfolio from Metro.

Persons: Peter Nicholls, Britain's, Jaime Gilinski, Hector Grisi, Eva Mathews, Anil D'Silva, Shilpi Majumdar Organizations: Barclays Bank, REUTERS, Britain's Barclays, Metro, Sky News, Barclays, Metro Bank, Separately, Reuters, Thomson Locations: London, Britain, Colombian, Metro, Spanish, Bengaluru

MINNEAPOLIS (AP) — Democratic Rep. Dean Phillips, who is running for president and challenging Joe Biden in the primary, announced Friday he will not seek reelection to Congress in 2024. Before Phillips won the seat as a Democrat in 2018, the area had a history of electing Republicans to the U.S. House. In October, Phillips became the first elected Democrat to challenge Biden for the nomination. Phillips is one of the wealthiest members of Congress and heir to his stepfather’s Phillips Distilling Company empire, which holds major vodka and schnapps brands. Report for America is a nonprofit national service program that places journalists in local newsrooms to report on under-covered issues.

Persons: Dean Phillips, Joe Biden, Phillips, Biden, Tim Walz —, Ken Martin, Biden’s, ” Martin, Martin, Anna Mathews, Joe Biden’s, Talenti, Pauline Phillips, “, Abby, ” ___ Trisha Ahmed, @TrishaAhmed15 Organizations: — Democratic, Trump, Minnesota Gov, Biden, Minnesota Democrats, Democratic National Committee, reelecting, Republican Party of Minnesota, Associated Press, GOP, Congressional District, Republicans, U.S . House, America Statehouse News Initiative, America Locations: MINNEAPOLIS, Minnesota, Minnesota's, Minneapolis

☆ UK pension transfer boom continues as deals worth $11 bln struck
▼ + stars: | 2023-11-24 | by ( Lawrence White | ) www.reuters.com time to read: +2 min

The logo of Legal & General insurance company is seen at their office in central London March 17, 2008. Legal & General (LGEN.L) said it had agreed a so-called full buy-in to the Boots Pension Scheme worth 4.8 billion pounds, in what it said was the largest such deal in Britain by premium size. The market has been running at around 30 billion pounds a year in Britain, but consultants expect 2023 to top that. Rising funding ratios for pension schemes are driving unprecedented demand, Legal & General (L&G) said, as funds scramble to protect schemes against the vagaries of market movements amid rising interest rates worldwide. L&G has written a total of 13.4 billion pounds worth of pension risk transfer deals this year globally, up from 9.5 billion pounds last year.

Persons: Alessia, Eva Mathews, Lawrence White, Sharon Singleton, Mark Potter Organizations: General, REUTERS, Legal, Co, Regulators, Bank of England's Prudential, Authority, Health, Thomson Locations: London, BRITAIN, Britain, Rothesay, Bengaluru

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