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☆ Years of controversy preceded the arrest of the ex-CEO of Abercrombie & Fitch
▼ + stars: | 2024-10-24 | by ( Madeline Berg | ) www.businessinsider.com time to read: +9 min

Former Abercrombie & Fitch CEO Mike Jeffries was charged with sex trafficking on Tuesday. AdvertisementLong before federal charges hit, there were concerns about former Abercrombie & Fitch CEO Mike Jeffries — and lawsuits that attacked the way he ran his company. Attorneys for Jeffries and Smith told Business Insider in statements that they would respond "in the courthouse." "This is very much a military operation," Jeffries told The Wall Street Journal in 1997. The pilot accused the CEO of enacting similar standards on board as in Abercrombie stores and firing him due to his age.

Persons: Mike Jeffries, Jeffries, Abercrombie, —, Mike Jeffries —, Matthew Smith, Smith, Fitch, Les Wexner, Jeffrey Epstein, Paul Harris, Bruce Weber, Weber, Barts, Tig Ol, Erik Gordon, Jeffries shouldn't Organizations: Abercrombie, Fitch, Service, Prosecutors, Wall Street, Revenue, CNN, Hamptons, Employees, Supreme, University of, BBC, Eastern, of Locations: Midwest, New York City, St, Oklahoma, Assam, Darjeeling, of New York

☆ Scammers are stealing homes from under their owners' noses. AI is making it scarily easy.
▼ + stars: | 2024-10-22 | by ( Jordan Pandy | Katie Balevic | ) www.businessinsider.com time to read: +12 min

The owner of a $137.5 million LA mansion says they're a victim of deed fraud and can't sell it. AdvertisementSpelling Manor's owner told the Journal through their lawyer that scammers filed a fraudulent deed with Los Angeles County earlier this year. The FBI's Internet Crime Complaint Center doesn't specifically track deed fraud. Gordon eventually got his property back after the title company signed a quitclaim deed that relinquished ownership, giving him his land back. Kiar said that in September, someone contacted a title company saying they had a vacant lot to sell in Hallandale Beach.

Persons: they're, —, Aaron Spelling, It's, Eric Schmidt —, scammers, Paul Harris, Tyler Adams, it's, Fraudsters, Victor Petrescu, LKLSG, Adams, Spelling, Elvis Presley, Elvis Presley's, Riley Keough, Jerod Harris, Lisa Jeanine Findley, Graceland, Findley, Scammers, William Gordon's, Gordon, Gabriella Cázares, Kelly, Petrescu, Daniel Kenigsberg, Marty Kiar, Kiar, hadn't, fraudsters Organizations: Service, Google, Wall Street Journal, Association, Spelling, BI, Mapleton, LA, Graceland, GAB, Getty, Naussany, NBC Miami Locations: Los Angeles, Beverly, Mapleton, Saudi, Angeles, Spelling, LA, Miami, Memphis , Tennessee, Missouri, Arizona, Pima County, Texas, —, Fairfield , Connecticut, Johannesburg, Broward County , Florida, Hallandale Beach

☆ Shingles vaccines may reduce dementia risk, two large new studies suggest
▼ + stars: | 2024-07-30 | by ( Brenda Goodman | ) edition.cnn.com time to read: +9 min

In 2017, a stronger vaccine, Shingrix, became available. “While research into whether vaccines affect dementia risk continues, people should be aware that there are other factors that have definitively been linked to an increased dementia risk. This study also found that the new shingles vaccine was associated with a larger degree of benefit than the older one. Although the findings are intriguing, the association needs more study before researchers can know for sure that the shingles vaccine is definitively behind the benefit. So for the time being, the best reason to get a shingles vaccine is still to avoid the misery of shingles.

Persons: stow, Shingrix, that’s, ”, Paul Harrison, ” Harrison, Dr, Andrew Doig, ” Doig, it’s, Sheona Scales, Scales, Sanjay Gupta, Phil Dormitzer Organizations: CNN, US Centers for Disease Control, Nature, GlaxoSmithKline, GSK, University of Oxford, University of Manchester, Alzheimer’s Research, Alzheimer’s Association International Conference, Oxford, CNN Health Locations: United States

☆ A timeline of Elon Musk's political stances and donations before his latest embrace of the Republican Party
▼ + stars: | 2024-06-27 | by ( Jake Lahut | Grace Eliza Goodwin | ) www.businessinsider.com time to read: +10 min

And as one of the richest and most powerful people in the world, Musk's political stances carry a great weight. Musk's political donations dating back to 2002 fit neatly into just a single landing page on OpenSecrets, a nonprofit organization that tracks money in politics. AdvertisementThough Musk historically hasn't been big on political donations, he's publicly said that he weighs in on politics when it could affect his businesses. Musk's political coming of age during the pre-social media era remains much of a mystery. His latest donations have all been to Republican candidates and causes, with Sen. Chris Coons of Delaware being the last Democrat to receive any Musk donations back in 2020.

Persons: —, Elon, hasn't, that's, he's, Trump, Joe Biden, Donald Trump, Musk, Elon Musk, Paul Harris, Errol —, Ashlee Vance's, Musk's, Andrew Panzera, Tesla, Martin Eberhard, Marc Tarpenning, Trump Tesla, Alex Brandon Musk, George W, Bush, John Kerry, Barack Obama, Hillary Clinton, Clinton, Sen, Chris Coons, Rex Tillerson's, Hillary Clinton's, Marc Piasecki, Ron DeSantis, DeSantis, Biden, Nelson Peltz, MAGA, — Musk Organizations: Service, SpaceX, Business, White, Tesla, Getty, Pretoria City Council, Progressive Party, New York Times, Times, PayPal, Trump, Donald Trump AP, Democratic, California Democrats, National Republican Congressional, GOP, Republican, Elon, State, Paris Climate, America, NASA, Biden's, Cannes Lions, Democratic Party, Republican Florida Gov, Twitter Locations: Africa, Los Angeles, Republic of South Africa, Pretoria, South Africa, Canada, Johannesburg, Silicon Valley, California, Sens, Delaware, Paris, Texas, Musk's Texas

☆ I'm a conservative who was born and raised in California. I moved to Arizona for political reasons but only lasted 3 months.
▼ + stars: | 2024-04-14 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +5 min

She only stayed in Arizona for three months before realizing she wanted to return home to California. When you say you're from California, they think of LA, San Francisco, and San Diego. I'm a retired police dispatcher and believe crime needs to be punished, and I don't think it is here in California. But I don't live politics every day, and they did. When you're born and raised in California, you need to be in California.

Persons: —, Jayne Ashton, I'm, Benson, You've, Paul Harris, It's, I've, Ashton, Matt Blank, shouldn't Organizations: Service, Business, Walmart, Safeway, Foods, California Locations: Homeland , California, Benson , Arizona, Arizona, California, Bloomington, San Bernadino County, San Francisco, San Diego, But California, Tennessee, Tuscon, Tucson, Hemet, Riverside County, Tehachapi, Southern California, Clovis, LA, Los Angeles

☆ One-third of the world's captive orcas are in the US, and no one can agree on what to do with them
▼ + stars: | 2023-10-07 | by ( Erin Heger | ) www.businessinsider.com time to read: +12 min

There are 18 captive orcas in the US. Captive orcas can also show signs of chronic stress. Captive orcas can suffer a number of health problems including severe tooth damage. The history of releasing captive orcas in the USOnly one captive orca in the US has ever been released back into the ocean — Keiko, the orca who starred in the 1993 film "Free Willy." Captive orcas can't thrive in small tanks but may not thrive in the wild, either.

Persons: Naomi Rose, Rose, Marcos del Mazo, Monika Wieland Shields, Tilikum, Shields, aren't, Chris Dold, Dold, Keiko, Willy, Colin Davey, Keiko wasn't, Mark Palmer, Palmer, Little Grey, White, Aaron Chown, Lori Marino, Marino, Paul Harris, we've, Serge MELESAN, orcas Organizations: SeaWorld, Animal, Service, Animal Welfare Institute, Orca Behavior, Magnolia Pictures, Miami Seaquarium, Miami Herald, Tribune, Getty, Mammal, PETA Locations: SeaWorld, SeaWorld Orlando, Florida, Mexico City, Oregon, Iceland, Norway, Washington, Caribbean, Nova Scotia

☆ Tom Mueller worked for Elon Musk at SpaceX for almost 20 years: 'I learned never to tell him no'
▼ + stars: | 2023-09-16 | by ( Polly Thompson | ) www.businessinsider.com time to read: +7 min

"We watched like maybe one play, because we were so engaged in talking about building a launch vehicle," Mueller told Isaacson. Musk agreed, but Isaacson writes that this meant Musk considered "Mueller an employee, rather than a cofounder, of SpaceX." "You cannot ask for two years of salary in escrow and consider yourself a cofounder" Musk told Isaacson. Elon Musk with a SpaceX rocket in March 2004 in El Segundo, Los Angeles. "I am very proud of what we have achieved at SpaceX," Mueller told the University of Idaho in 2018.

Persons: Tom Mueller, Elon Musk, Mueller, Musk, Elon Musk's, Walter Isaacson, here's, Los Angeles Mueller, Isaacson, who'd, Chris Thompson, Musk Mueller, There's, Elon, Paul Harris, It's, Mueller's, Peter Thiel Organizations: SpaceX, Service, University of Idaho, TRW, Reaction Research Society, PayPal, Ebay, Super, Exploration Technologies Corporation, Merlin, Pathfinder Locations: Idaho, Wall, Silicon, Los Angeles, Canada, Saint Maries, El Segundo , Los Angeles

☆ 14 big moments in the history of Elon Musk's SpaceX — from nearly going bankrupt in 2008 to the fiery Starship explosion
▼ + stars: | 2023-04-23 | by ( Grace Kay | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +1 min

Elon Musk was inspired to start building his own rockets in 2001 after a Russian rocket designer spat on his shoes. Elon Musk at his desk in 2004. At the time, Musk was visiting Russia in order to negotiate a deal to buy space rockets for a future mission to Mars. SpaceX cofounder Jim Cantrell also recalled the incident in a Channel 4 documentary that aired in May and in a biography on Musk by Ashlee Vance, "Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future." Sources: Insider, "Escaping Gravity: My Quest to Transform NASA and Launch a New Space Age," "Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future."

☆ Inflation's inventory gluts are here to stay and will hit the bottom line in weaker economy: CNBC Supply Chain Survey
▼ + stars: | 2023-04-05 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +6 min

But uncertainty about inventory management is significant, with almost one-quarter (23%) of supply chain managers saying they are not sure when gluts will be worked off. The supply chain pressures will be among the factors that weigh on quarterly numbers. Manufacturing orders and the economic outlook Recent data on manufacturing has shown a deterioration in the economy, with the ISM Manufacturing index in contraction level based on March data released this week. "This survey confirms that we remain in an era of serious supply chain cost-to-serve challenges," Baxa said. FreightWaves and ITS Logistics are CNBC Supply Chain Heat Map data providers.

☆ Billionaire Warren Buffett still lives in the same home he bought for $31,500 more than 60 years ago
▼ + stars: | 2023-03-03 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +1 min

Billionaire Warren Buffett is famously frugal. The Berkshire Hathaway CEO still resides in the five-bedroom home in central Omaha, Nebraska, he purchased for $31,500 in 1958, which is about $329,505 in today's dollars. "He's authentic," says CNBC's Becky Quick, who has a longstanding relationship with Buffett and interviews him frequently. Located in a quiet neighborhood of Omaha, Nebraska lies the home of billionaire Warren Buffett. Orjan F. Ellingvag | Getty ImagesBuffett doesn't plan on trading his Omaha home for a more luxurious one any time soon.

☆ People who moved to Tennessee for cheaper homes and a laid-back life say they're happy — for the most part
▼ + stars: | 2023-02-26 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +10 min

The 50-year Florida resident decided to pack up and move to Memphis, Tennessee, for a more manageable mortgage payment while on a fixed income. Foster said clients have recently moved to Tennessee from New York, New Jersey, and California. He traded snowy Buffalo for the ease of southern livingMichael and Danielle Ekstrum moved to Tennessee after becoming empty nesters in 2018. A retiree fed up with California's overcrowding bought a home in Tennessee without thinking twiceMichael and Bonnie Tyler moved from Sacramento, California, to Jonesborough, a historic town in eastern Tennessee. "There's too much traffic, too many people, it's way too expensive, and there's no water," Tyler told Insider.

☆ Cybersecurity firm Darktrace hires EY to review financial processes after damning short seller report
▼ + stars: | 2023-02-20 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

LONDON — Cybersecurity firm Darktrace on Monday said it has appointed auditing firm EY to review its "key financial processes and controls," in a bid to soothe investor fears after a short seller accused the company of manipulating its accounts. "The Board believes fully in the robustness of Darktrace's financial processes and controls. EY will report to the chair of Darktrace's audit and risk committee, Paul Harrison, Darktrace said. Darktrace shares rose more than 2% Monday on the heels of the announcement. The firm said it was "deeply skeptical about the validity of Darktrace's financial statements" and believed sales and growth rates may have been overstated.

Manchester United, INEOS, Tesla and Musk did not reply to requests for comment. "For potential buyers, football clubs like Manchester United are considered trophy assets driven by the perception of exclusivity. The size of that bid has fuelled speculation Manchester United will attract significantly more. Manchester United is the fourth richest soccer club in the world, according to analysis by Deloitte. A small portion of Manchester United shares is listed on the New York Stock Exchange.

☆ Lawyers exit Hong Kong as they face campaign of intimidation
▼ + stars: | 2022-12-29 | by ( ) www.reuters.com time to read: +18 min

The event that precipitated his hasty departure, Vidler said, was the appearance of articles in the state-backed media in Hong Kong about him. “This was in my view state-sponsored intimidation and harassment,” said Vidler, whose wife and children later left Hong Kong. One Hong Kong solicitor who has relocated to England told Reuters that she knew of at least 80 Hong Kong lawyers who had moved to Britain since the security law was imposed in June 2020. Another lawyer, now living in Australia, estimated that several dozen Hong Kong lawyers had moved there. Mainland officials have long sought influence over these two influential bodies, according to senior Hong Kong lawyers.

☆ SpaceX history: 13 of the biggest moments for Elon Musk's 20-year-old company
▼ + stars: | 2022-12-27 | by ( Grace Kay | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +1 min

☆ Un pacient din trei suferă de probleme psihiatrice sau neurologice, după ce s-au vindecat de COVID
▼ + stars: | 2021-04-07 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +3 min

Incidenţa afecţiunilor neurologice, precum hemoragiile cerebrale (0,6%), accidentele vasculare cerebrale (AVC - 2,1%) şi demenţa (0,7%), a fost global mai scăzută, dar riscul a fost în general mai ridicat în rândul pacienţilor care au avut forme grave de COVID-19. Pentru 13% dintre aceste persoane, a fost vorba despre primul lor diagnostic neurologic sau psihiatric. Riscul de a dezvolta astfel de afecţiuni pe termen lung este crescut la pacienţii spitalizaţi cu forme severe de COVID-19. Astfel, 46% dintre pacienţii internaţi la reanimare au primit un diagnostic de tulburări neurologice sau psihiatrice în primele şase luni după infectare. Riscul unor diagnostice neurologice sau psihiatrice a fost, în ansamblu, cu 44% mai mare după COVID-19 decât după gripă şi cu 16% mai mare decât după o infecţie a căilor respiratorii.

Persons: Paul Harrison, Jonathan Rogers Organizations: Universitatea Oxford, University College London Locations: pacienţii, reanimare

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