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☆ Billionaire Marc Lasry claims in a new lawsuit that a former employee is trying to extort him for $50 million. Here are the most eye-catching excerpts.
▼ + stars: | 2024-10-22 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +6 min

The lawsuit alleges that Strum was demanding $50 million from Lasry or she threatened to make things "really, really, ugly." In the suit, Lasry, the former owner of the NBA's Milwaukee Bucks and a longtime Democratic megadonor, alleges that his former employee, Gina Strum, was trying to extort him for $50 million. The suit states that Lasry rebuffed Strum's advances, but that did not stop the flow of texts. "Ms. Strum wrongly asserted that Ms. Gardner's 2022 surgery should have been disclosed to Avenue's investors, because according to Ms. Strum, Ms. Gardner was in poor health and had not been working for the last two years," the suit reads. "When Ms. Strum received the attention and the money she sought, she routinely complimented Plaintiffs," the suit states.

Persons: Marc Lasry, Gina Strum, Strum, —, Sonia Gardner, Democratic megadonor, Lasry, Gardner, Daniel Kaiser, Kaiser, Strum's, doesn't, Gardner's, Strum vindictively, Strum — Organizations: Capital, Service, Milwaukee Bucks, Democratic, Bloomberg Locations: New York

☆ Netflix's 'Sweet Bobby' follows an 8-year catfishing. Here's what happened after the victim learned the truth.
▼ + stars: | 2024-10-21 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +5 min

Netflix's documentary "Sweet Bobby" follows a woman deceived into a fake online relationship. AdvertisementWarning: Spoilers ahead for Netflix's "Sweet Bobby: My Catfish Nightmare" and the earlier podcast "Sweet Bobby." Kirat Assi, the subject of "Sweet Bobby: My Catfish Nightmare," is still hoping that police will pursue her catfisher after reporting them six years ago. AdvertisementBhogal's attorneys made their own allegationsAn image of Kirat Assi when she was younger in Netflix's "Sweet Bobby" documentary. AdvertisementAssi has appealed to the police to investigate the crimeA picture of the real Bobby Jandu in "Sweet Bobby: My Catfish Nightmare."

Persons: Bobby, Kirat Assi, didn't, Assi, —, Bobby Jandu, Simran Bhogal, Bhogal, Alexi Mostrous, Amrit Maan, Yair Cohen, Maan, Cohen, Mostrous, wasn't, You've, Jandu Organizations: Service, London, Business, Sky News, Netflix, Facebook, Bhogal, London's Metropolitan Police, Assi, Boghal, Metropolitan Police, UK's, Police, Met Locations: Assi, London, Netflix's

☆ Case of citizen journalist arrested for seeking information is revived by Supreme Court
▼ + stars: | 2024-10-15 | by ( John Fritze | ) edition.cnn.com time to read: +3 min

CNN —The Supreme Court on Tuesday revived the case of a citizen journalist who was arrested in 2017 for seeking information from a police department source in Laredo, Texas. The court threw out a decision against the journalist and ordered the appeals court to look at the case again. And she now also has the backing of some of the nation’s best-known news brands, including The New York Times and The Washington Post, who are supporting her case at the Supreme Court. In an unsigned opinion, the court allowed the councilwoman’s case to continue. The Supreme Court did not explain its ruling and there were no noted dissents.

Persons: Priscilla Villarreal, ” Villarreal, Villarreal, “ Villarreal, Edith Jones, Ronald Reagan, “, Samuel Alito, Gonzalez Organizations: CNN, Facebook, Villarreal, The New York Times, Washington Post, Supreme, Laredo, Authorities, Border Patrol Locations: Laredo , Texas, Texas, Laredo

☆ US Supreme Court to decide if Mexico may sue gunmakers for border violence
▼ + stars: | 2024-10-04 | by ( Tierney Sneed | John Fritze | ) edition.cnn.com time to read: +7 min

CNN —The US Supreme Court will decide whether a federal law prevents Mexico from suing gun distributors for allegedly facilitating the flow of firearms to drug cartels. The court had already agreed to hear cases on President Joe Biden’s regulation of “ghost guns” and vaping. Mexico says gunmakers are recklessIn its lawsuit, Mexico alleged the manufacturers and distributors were aiding and abetting the purchase of their firearms by dealers known to supply drug cartels. At the heart of the dispute before the Supreme Court is the 2005 federal law passed by a GOP-led Congress. Lawyers for Mexico, which asked the court not to disturb the 1st Circuit’s ruling, defended the ruling’s rationale and argued that it was premature for the Supreme Court to take up the case.

Persons: Joe Biden’s, Donald Trump, gunmakers, Marlean Ames, Ames, ”, Biden, Ruben Gutierrez, Escolastica Harrison, Marcellus Williams, Felicia Gayle, Williams, CNN’s Devan Cole Organizations: CNN, Smith & Wesson, Arms, GOP, Circuit, Twitter, ISIS, Lawyers, Department of Youth Services, Appeals, Nuclear Regulatory, Nuclear Regulatory Commission, Storage Partners Locations: Mexico, Mexico’s, Cincinnati, Ohio, Texas, Oklahoma

☆ Coca-Cola is pulling Spiced, its newest ‘permanent’ flavor, from store shelves
▼ + stars: | 2024-09-24 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Coca-Cola is discontinuing the production of its new Spiced flavor just six months after the soda hit shelves, marking the end of a disappointing attempt to attract younger drinkers. “As part of this strategy, we’re planning to phase out Coca-Cola Spiced to introduce an exciting new flavor in 2025,” a spokesperson said. The short lifespan of Spiced Coke is surprising, because the company promoted it as a permanent flavor. Coca-Cola introduced Spiced Coke in February with a splashy ad campaign. The beverage blended the traditional Coke flavor with raspberry notes.

Persons: ”, Coke, DJ Marshmello, Sue Lynne Cha, ” Cha, “, Coke’s Organizations: New, New York CNN, Dreamworld, North America, “, CNN Locations: New York

☆ An around-the-world cruise that's stuck at port is kicking off passengers who complain
▼ + stars: | 2024-09-12 | by ( Brittany Chang | ) www.businessinsider.com time to read: +8 min

Unfortunately, she was kicked out before she could fulfill her world cruise aspirations. "They didn't just complain, they outright threatened with media unless they get what they want," Mikael Petterson, the founder and CEO of Villa Vie, told BI in an email. "That's how much I had wanted a world cruise." But she was kicked off before Villa Vie Odyssey could set sailOther buyers have begun moving onto the residential cruise ship. So far, Villa Vie has repaid her almost $8,000, with another about $7,400 still pending — still a few thousand short of her $18,600.

Persons: —, Jenny Phenix, — Phenix, Bonny Kelter, Mikael Petterson, Vie, Kelter, Villa Vie, Bonny, Petterson, Phenix, Villa, she's, aren't, Fred Olsen Cruise, Fred Olsen's, Angela, Stephen Theriac, Kathy Villalba, Stephen Theriac Petterson, hasn't Organizations: Service, Business, Residences, Sea Cruises, Villa Vie, Villa, Fred Olsen Cruise Lines, Norwegian Cruise, Security Locations: Europe, Asia, Australia, South, North America, Africa, Palm Beach , Florida, Braemar, Norwegian, Florida

☆ Jessica Leeds: Trump accuser said she ‘laughed out loud’ when she heard him again deny her assault allegation
▼ + stars: | 2024-09-09 | by ( Jack Forrest | Kara Scannell | ) edition.cnn.com time to read: +3 min

CNN —Jessica Leeds, who previously accused Donald Trump of sexual assault and was a trial witness in a high-profile case against the former president, said Monday that she “laughed out loud” when she heard he recently disputed her allegation and said she “would not have been the chosen one.”“I laughed out loud. She said she was seated in first class on an airplane next to Trump in the 1970s when he suddenly began groping her. Leeds said she fought off Trump and moved to the back of the airplane. Earlier this year a separate jury found Trump defamed Carroll when in 2022 he repeated several of the statements he initially made in 2019. Her attorneys argued to the jury that the only way to stop Trump from repeating the statements was to hit him in his pocketbook.

Persons: Jessica Leeds, Donald Trump, “, ” “, ”, CNN’s Anderson Cooper, Trump, Leeds, Cooper, Steven Cheung, Kamala Harris, Jean Carroll, Carroll, Trump’s, she’ll, CNN’s Kate Sullivan Organizations: CNN, ” Leeds, Trump, Leeds, Democratic, E, Carroll Locations: ”

☆ How Elon Musk has turned X into a pro-Trump machine
▼ + stars: | 2024-08-13 | by ( Clare Duffy | ) edition.cnn.com time to read: +9 min

But now Musk, who is not only the owner but also the most followed user on X, has shifted to more direct campaigning for former President Donald Trump. Musk announced his official endorsement for Trump in a post last month that received 2.3 million likes. Weeks after it was posted, the video is not labeled with a “community note,” X’s community fact-checking feature that Musk used as justification for slashing the company’s trust and safety team. In a letter, the secretaries urged Musk to “immediately implement changes” on the X platform. But on Monday night, Musk offered to take a role in the potential future Trump’s administration helping to rein in government spending.

Persons: Elon Musk, Donald Trump, Musk, He’s, Hunter, Trump, YOU, Trump’s, “, Elon, ” Trump, Kamala Harris, doesn’t, ” Wendy Weiser, Brennan, Harris, ”, ” Weiser, Kamala, …, White supremacists, X, Musk’s, chatbot, Harris ’, ” Lara Cohen, informercial, he’s, ” Musk, “ I’d Organizations: New, New York CNN, Elon, Twitter, Biden, White, Trump, CNN, Fake News, Fake News Media, Center, “, Brennan Center for Justice, NYU Law School, Democratic, Street Locations: New York, United Kingdom

☆ ICE Training Barely Covers De-Escalation, Promotes Agents Use of Force
▼ + stars: | 2024-08-12 | by ( Lila Hassan | ) www.businessinsider.com time to read: +15 min

But the Llanez family never learned whether Gonzalez had followed ICE training protocols, because the way ICE agents are trained has been largely hidden from the public. For years, civil-rights groups have sought to obtain, with limited success, complete ICE training documents to understand how that training affects use of force by agents in the field. And they also appear to place an emphasis on teaching ICE agents how to justify the use of force. Among the most important lessons ICE agents receive is when and how to use deadly force. One of the questions asks which steps an officer must take before initiating deadly force; the answer is "None, deadly force can be initiated immediately."

Persons: Ronaldo Gonzalez, Gonzalez, Fernando Llanez, Llanez, Jorge Hernandez, weren't, Hernandez, Miguel Alvarez, Ivón Padilla, " Alvarez, FLETC, Gonzalez didn't, Alvarez, isn't, John Bostain, Jim Trainum, Phillip Causey, Gabino Ramos Hernandez, Ramos, Causey, we're, Timothy Cerniglia, Cerniglia, You'll, we'll, Trainum, Christian Rodriguez Organizations: Type Investigations, Immigration, Business, ICE, Court, Southern, Southern District of, Investigations, of Homeland Security, University of Illinois Chicago, Federal, Training Centers, Department of Homeland Security, Federal Law, Department of Justice, Citizens, DHS, Metropolitan Police Department, Mississippi Bureau of Investigation Locations: Chula Vista , California, Chula Vista, Southern District, Southern District of California, Charleston , South Carolina, Glynco, Georgia, Washington ,, Laurel , Mississippi, Southern District of Mississippi, Mississippi

☆ FTC prepares to sue largest U.S. alcohol distributor, alleging 'secret kickbacks'
▼ + stars: | 2024-06-05 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +1 min

Lina Khan, chair of the Federal Trade Commission, speaks during the 2024 CNBC CEO Council Summit in Washington, D.C. on June 4, 2024. The Federal Trade Commission is preparing an antitrust lawsuit against the largest U.S. alcohol distributor, Southern Glazer's Wine and Spirits, two sources familiar with the matter told CNBC. But one source said the commission is likely to allege that Southern Glazer's has been providing "secret kickbacks" to large retail customers and violating the 1936 Robinson-Patman Act. Florida-based Southern Glazer's Wine and Spirits distributes alcohol for over 7,000 brands in 44 states. Under the FTC's interpretation, the Robinson-Patman Act is not a wholesale ban on price discrimination and could allow volume discounts.

Persons: Lina Khan, Robinson Organizations: Federal Trade Commission, CNBC, Summit, Southern, Politico, Forbes Locations: Washington ,, Southern, Florida

☆ U.S. Plans to Sue Ticketmaster Owner, Accusing It of Defending a Monopoly
▼ + stars: | 2024-05-22 | by ( David Mccabe | Ben Sisario | ) www.nytimes.com time to read: +1 min

The Justice Department and a group of states plan to sue Live Nation Entertainment, the concert giant that owns Ticketmaster, as soon as Thursday, accusing it of illegally maintaining a monopoly in the live entertainment industry, said three people familiar with the matter. That helped the company maintain a monopoly, raising prices and fees for consumers and limiting innovation in the ticket industry, the people said. The government will argue that tours promoted by the company were more likely to play venues where Ticketmaster was the exclusive ticket service, one of the people said, and that Live Nation’s artists played venues that it owns. Live Nation is a colossus of the concert world and a force in the lives of musicians and fans alike. Its scale and reach far exceed those of any competitor, encompassing concert promotion, ticketing, artist management and the operation of hundreds of venues and festivals around the world.

Organizations: Justice Department, Live Nation Entertainment, Ticketmaster

☆ Homeowners Who Planned to Demolish Marilyn Monroe House Sue Los Angeles
▼ + stars: | 2024-05-08 | by ( Remy Tumin | ) www.nytimes.com time to read: +1 min

The owners of the house where Marilyn Monroe last lived and died are suing the city of Los Angeles over what they call “backroom machinations” as part of efforts to landmark the house and save it from a planned demolition. In a lawsuit filed in Superior Court in Los Angeles County on Monday, lawyers for Brinah Milstein and Roy Bank accused the city of violating its own codes and conspiring with third parties to secure its desired outcome during a hurried process to designate the house at 12305 Fifth Helena Drive a historical landmark last fall. This lawsuit highlights how the city engaged in a “corrupt process to guarantee their preferred outcome rather than engaging in a neutral and fair process,” Peter C. Sheridan, a lawyer for the couple, said in a statement. The city did not respond to a request for comment. Ms. Monroe was the world’s most famous woman when she moved in March 1962 to Fifth Helena Drive, a secluded residential street in the Brentwood neighborhood that is part of a set of 25 cul-de-sacs off Carmelina Avenue.

Persons: Marilyn Monroe, ”, Brinah Milstein, Peter C, Sheridan, Monroe Organizations: Roy Bank, Fifth Helena, Fifth Locations: Los Angeles, Superior Court, Los Angeles County, Brentwood

☆ Dozens of former employees plan to sue Bowlero alleging discrimination after EEOC closes case, lawyer says
▼ + stars: | 2024-05-06 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +8 min

During the company's earnings call with Wall Street analysts later Monday, executives said that the EEOC investigation was now behind them and would no longer be a distraction. "Because of limited resources, we cannot file a lawsuit in every case where we find discrimination," the EEOC explains on its website. It's unclear if the question of whether to sue Bowlero made it to a vote with the EEOC's commissioners. He told CNBC he plans to sue Bowlero for $80 million, plus legal fees. In response, Bowlero's attorneys Alex Spiro and Hope Skibitsky at law firm Quinn Emanuel said they "are pleased with the outcome of the EEOC investigation."

Persons: Bowlero, Thomas Shannon, Robert Lavan, there's, it's, Daniel Dowe, EEOC, Dowe, Alex Spiro, Hope Skibitsky, Quinn Emanuel, Thomas Tanase, Tanase's, didn't Organizations: U.S, Commission, CNBC, AMF, Lucky, Wall Street, Bowlero Locations: North America, Virginia

☆ 12 portfolio companies report earnings in the week ahead. What we want to hear from each
▼ + stars: | 2024-04-27 | by ( Zev Fima | ) www.cnbc.com time to read: +15 min

The action quickly and sharply reversed back to the upside Friday after blowout earnings reports from Alphabet and Microsoft . In the week ahead, earnings are likely to drive the action again, though we'll get a few important macroeconomic reports. Earnings: We've got the biggest week of the earnings season ahead of us, with 12 Club holdings set to report. Eli Lilly 's report Tuesday morning continues to be all about sales of type-2 diabetes treatment Mounjaro and weight-loss drug Zepbound. In DuPont 's report Wednesday morning, we're looking for a continued rebound in its semiconductor business following a sequential increase last quarter.

Persons: Ford, we'll, Dow Jones, We've, Buckle, Eaton, Eli Lilly, Lilly, We're, Estee Lauder, Fabrizio Freda, we've, Linde, Bausch, Royal Philips, Woodward, SIRI, Archer, Johnson, Stanley Black, Decker, BAX, Cardinal Health, Parker, Belden, Jim Cramer's, Jim Cramer, Jim Organizations: Nasdaq, Microsoft, Meta, Google Search, Big Tech, Nvidia, Broadcom, Ford Motor, Honeywell, Danaher, Labor Department, Labor, PMI, Services PMI, GE Healthcare, Amazon Web Services, Starbucks, Deutsche Bank, DuPont, Bausch Health, U.S ., Appeals, Apple, iPhones, Vision, ON Semiconductor, Resource Partners, Franklin Resources, Paramount, Transocean Ltd, Semiconductors, Arch Capital, Logitech International, Lattice Semiconductor, F5 Networks, Sanmina Corporation, GE HealthCare, PayPal, 3M Company, McDonalds, Enterprise Products Partners, Cola Company, Melco Resorts, Entertainment, SiriusXM Holdings, Oatly, American Electric Power Company, Leidos Holdings, Marathon Petroleum, Daniels, Midland Co, Equitrans Midstream Corporation, HSBC Holdings, HSBC, Devices, Caesars Entertainment, Lumen Technologies, Mondelez, Pfizer, CVS Health, Barrick, Mastercard Inc, Cruise Line Holdings Ltd, Kraft Heinz Company, Marriott International, Ares, Generac Holdings, Johnson Controls, Cenovus Energy Inc, Qualcomm, Devon Energy, Paycom, Axcelis Technologies, Coeur D'Alene Mines, Sunnova Energy International, MGM Resorts International, MGM, Solar Inc, Oil, Allstate, Co, Tenable Holdings, Enovix Corporation, Gladstone Capital, Avis Budget Group, eBay, EBAY, LIN, Novo Nordisk, Natural Resources, PENN Entertainment, Apache, ConocoPhillips, InMode Ltd, Baxter International, Cardinal, Regeneron Pharmaceuticals, Apollo Global Management, LLC, Cinemark Inc, Dominion Energy, Coterra Energy, Coinbase, Bill.com Holdings, Booking Holdings, United States Steel, AXT Inc, Materials, Energy, Hershey Company, XPO Logistics, Cboe, American Pipeline, Amneal Pharmaceuticals, Brookfield Business Partners, Brookfield Renewable Corporation, Magna International, Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange, Bloomberg, Getty Locations: U.S, megaprojects, China, Eaton, Corning, Coeur D'Alene, Albemarle, ALB, Novo, New York

☆ WSJ: Justice Department will sue Live Nation for antitrust violations
▼ + stars: | 2024-04-16 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —The US Department of Justice is preparing to sue the country’s largest concert promoter and ticketing website Live Nation in the coming weeks for breaking America’s antitrust laws, the Wall Street Journal reported, citing anonymous sources familiar with the Justice Department’s plans. The lawsuit against Live Nation Entertainment, the parent company of Ticketmaster, will allege the ticketing company used its market-leading position to harm competition for live events, the Journal reported. Shares of Live Nation (LYV) dropped nearly 7% in premarket trading Tuesday. Live Nation and the Justice Department didn’t respond to CNN’s request for comment about the Journal’s report. Live Nation and Ticketmaster merged in 2010, now billing itself as the “largest live entertainment company in the world.”

Persons: Department’s, Justice Department didn’t, Taylor Swift’s, Swift, Joe Berchtold, ”, Jack Groetzinger, SeatGeek Organizations: New, New York CNN, US Department of Justice, Wall Street Journal, Live Nation Entertainment, Ticketmaster, Justice Department, Live, Republicans, Rivals Locations: New York, United States

☆ Live Nation could be hit with antitrust suit as soon as next month: report
▼ + stars: | 2024-04-15 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

Live Nation is expected to be hit with an antitrust lawsuit as soon as next month, The WSJ reported. Live Nation, which owns Ticketmaster, has long faced criticism over its ticket fees. The Justice Department could sue Live Nation, the concert giant that owns Ticketmaster, as soon as next month following a probe into its handling of venue and ticket negotiations, The Wall Street Journal reported Monday. Related storiesThe department is prepared to file the antitrust suit alleging Live Nation leveraged is dominance in the market to suppress competition, The Journal reported, citing people familiar with the matter. Swift released a statement shortly after the incident saying she was "pissed off" and described the outage as "excruciating," The New York Times reported at the time.

Persons: —, Taylor, Swift, I'm, Swifties Organizations: WSJ, Ticketmaster, Service, The, Street, Legal, Institute of Cornell Law School, LiveNation, Justice Department, Business, New York Times, Times, Billboard

☆ Former Bowlero exec says company threatened to report him to FBI in proposed extortion, retaliation suit
▼ + stars: | 2024-04-09 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +11 min

Equal Employment Opportunity Commission alleging they were fired based on their age or out of retaliation, according to company securities filings and the proposed countersuit. Bowlero says that Tanase resigned and then had a change of heart when he realized he wouldn't get severance pay. Now, Tanase is seeking the court's permission to countersue Bowlero and the company's executive vice chairman, Brett Parker. I've told you this before," said Tanase, according to the transcript. He also claims Bowlero sued him to deter him from filing a complaint with the EEOC or serving as a witness in its investigation into Bowlero.

Persons: Bowlero's, Thomas Tanase, Bowlero, Tanase, Thomas Shannon, countersue Bowlero, Brett Parker, Parker, Daniel Dowe, he'd, haven't, I've, Alex Spiro, Quinn Emanuel, Elon Musk, Alec Baldwin, Spiro, Scott Pickus, Pickus, Shannon Organizations: Bowlero, U.S, AMF, Lucky, Federal, CNBC, FBI, Elon Locations: Virginia, North America, Bowlero

☆ She Spent Her Birthday at an Airbnb, and Never Left
▼ + stars: | 2024-03-01 | by ( Rosalie R. Radomsky | ) www.nytimes.com time to read: +1 min

Angela Sue Lucas booked a two-day getaway for her 40th birthday in July 2020 at Club DLuxx, an Airbnb run by Dennis Peter Weisse in North Fort Myers, Fla. Or, so she thought. “I refused her reservation,” said Mr. Weisse, 70, who was nicknamed DLuxx by a high school buddy. “I have other guests staying at Club DLuxx and it wouldn’t be fair.” The house is Mr. Weisse’s home, out of which he rents two rooms. The next day, Ms. Lucas, 43, who goes by Angie, set him straight. “I was excited about my birthday staycation,” replied Ms. Lucas, who was looking for a quiet solo escape in early pandemic times.

Persons: Angela Sue Lucas, Dennis Peter Weisse, “, ”, Weisse, DLuxx, Weisse’s, Lucas, Angie Organizations: DLuxx, Lehigh Locations: North Fort Myers, Fla, Lehigh Acres, “

☆ Florida Republican Byron Donalds said IVF helps people 'breed great families' which the 'country desperately needs'
▼ + stars: | 2024-02-25 | by ( Katie Balevic | John L. Dorman | ) www.businessinsider.com time to read: +3 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . On Sunday, Rep. Byron Donalds of Florida took to NBC's "Meet the Press," where he stated that he fully supports IVF, which helps people "create great families, which is what our country desperately needs." "The IVF procedure is very important to a lot of couples in our country," Donalds said. AdvertisementLast week, former President Donald Trump spoke of the need for IVF availability on his Truth Social platform. Beshear was reelected to a second term by 5 points in a state that Trump had won by 26 points in 2020.

Persons: —, Byron Donalds, Donalds, Trump, Donald Trump, Roe, Wade, Andy Beshear, needling, Beshear Organizations: Service, Alabama's, Republicans, Sunday, Press, MSNBC, GOP, Democratic Locations: Florida, Alabama, America, Kentucky

☆ Coca-Cola is adding its first permanent flavor in three years
▼ + stars: | 2024-02-07 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —For the past few years, Coca-Cola has experimented with wacky limited-time offerings, but its latest flavor is its first permanent addition in a while. Coca-Cola Spiced is a new soda that blends the “iconic taste” of Coke with a “burst of refreshing notes from raspberry and spiced flavors,” the company announced Wednesday. Coke doesn’t often add new permanent flavors to its lineup: Spiced joins just a few other flavors it always sells, including its flagship flavor, cherry and vanilla. “It appears Coca-Cola is looking to splice that trend onto its flagship with hopes of getting young consumers to consider the entire franchise,” he told CNN. Coca-Cola Spiced goes on sale February 19 in both cans and bottles in various sizes at most national retailers.

Persons: Coke, it’s, Sue Lynne Cha, ”, there’s, Duane Stanford Organizations: New, New York CNN, North, CNN, “, Beverage Digest Locations: New York, Coke, Canada, North America

☆ Wellness influencers fueled pandemic misinformation. Now they have another big conspiracy in their sights
▼ + stars: | 2024-02-04 | by ( Laura Paddison | ) edition.cnn.com time to read: +12 min

As interest in the pandemic waned, experts say some wellness influencers have latched on to climate change to galvanize followers. Patrick T. Fallon/AFP/Getty ImagesCécile Simmons, a trained yoga teacher, was surprised when many of the wellness accounts she followed started posting about climate change. Some wellness influencers are exposing young audiences to a slew of climate misinformation. Climate misinformation is having “a profound impact” both on people’s beliefs and on the normalization of fringe perspectives, Caulfield said. It’s particularly worrying as it allows climate misinformation to reach new audiences, experts say, including young people that might otherwise be supportive of climate change action.

Persons: Instagram, influencer @truth_crunchy_mama, “, ” They’re, influencer @drmercola, Patrick T, Fallon, Cécile Simmons, ”, Simmons, Joseph Mercola, it’s, Stephanie Alice Baker, Halbert L, Dunn, Baker, Derek Beres, Marc, André Argentino, ” Beres, Callum Hood, Hood, they’re, Tim Caulfield, Spencer Platt, ” CCDH’s Hood, Caulfield, Mariah Wellman, ” Wellman, ” Caulfield, —, It’s, ” Simmons Organizations: CNN, Getty, Institute for Strategic, Global Wellness Institute, City University, Wellness, Center, University of Alberta, University of Illinois, Meta Locations: Hawaii, Lahaina , Hawaii, AFP, globalists, Chicago

☆ Millennials, Gen Z Mistakenly Bet on Inheritance From Boomer Parents
▼ + stars: | 2023-10-18 | by ( Ann C. Logue | ) www.businessinsider.com time to read: +14 min

When she died, Grandma Sue left the most common form of inheritance, called an accidental bequest, which is simply the money left over when someone dies. The New York Times reported on a coming inheritance wealth boom in 2023, 2019, 2014, 2008, and 1999. Even for families with incomes in the 51% to 90% range of earners, the average inheritance was $46,000 — hardly life-changing money. Researchers have been talking about the coming Great Wealth Transfer for at least a quarter of a century. But the reality is that all the wealth boomers are sitting on probably won't end up fixing our collective financial problems.

Persons: Grandma Sue, Grandma Sue's, —, Xers, Gen Zers, Xer, shouldn't, Edward Wolff of, Maury Gittleman, Wolff, Gittleman, Michael Bloomberg, Warren Buffett, Larry Ellison, Bill Gates, Isabel Sawhill, It's, Penn, there's, they're, Bank of America cardholders, Joseph Smith, haven't, boomer, Ann Logue Organizations: Social Security, Medicaid, Boomers, Federal Reserve, New York Times, Edward Wolff of New York University, US Bureau of Labor Statistics, Federal, Brookings Institution, University of Pennsylvania, Penn, Medicare, Family Foundation, Bank of America, Consumer, Department of, Northwestern Mutual, IRS Locations: Northwestern, Chicago

☆ Transition Plans Are The Latest Climate Action Trend
▼ + stars: | 2023-10-10 | by ( Rochelle Toplensky | ) www.wsj.com time to read: +3 min

The Transition Plan Taskforce published a framework for companies looking to create transition plans. Photo: London Stock Exchange GroupCompanies have a new climate-action tool: transition plans. Some companies, such as Mars and Allianz , have recently published transition plans. The U.K.’s Transition Plan Task Force published its framework Monday, offering a template for companies looking to create transition plans. Even though disclosure requirements are currently voluntary, transition plans are a live issue for many businesses that can help them shift the conversation to how they can achieve their net-zero goals.

Persons: ”, Mary Schapiro, Amanda Blanc, David Schwimmer, ’ ”, Sue Lloyd, Rochelle Toplensky Organizations: London Stock Exchange Group, Mars, Allianz, London Stock Exchange, Glasgow Financial Alliance, U.S . Securities, Exchange Commission, Force, Business, Aviva Group, ’, Rochelle, rochelle.toplensky@wsj.com Locations: United Nations, Dubai

Gavin Newsom signed a law Saturday to bolster eviction protections for renters and close a loophole in an existing law that has allowed landlords to circumvent the state’s rent cap. The move updates a 2019 landmark law that created rules around evictions and establishing a rent cap at 5% plus the inflation rate, with a 10% maximum. Under the 2019 law, landlords can evict tenants for “at fault” or “no fault” reasons. Renters’ advocates said some landlords have exploited the “no fault” evictions to get around the state’s rent cap. Under the new law, landlords moving into their units or renting to family also must identify the people moving in.

Persons: —, Gavin Newsom, ’, ”, Michelle Pariset, Sen, María Elena Durazo Organizations: Democratic, Public Locations: SACRAMENTO, Calif, Santa Clara

☆ CEO shares a ‘secret trick’ for deciding to quit your toxic job: 'It can make it much, much clearer'
▼ + stars: | 2023-09-29 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

Toxic bosses are far too common: They're the reason 57% of employees have quit a job, according to one report. Robyn L. Garrett, an author and CEO of leadership coaching firm Beamably, has a "secret trick" for figuring out whether it's time to abandon ship. "We don't always know why we have negative feelings about the workplace, but if you've taken the time to define your values, it can make it much, much clearer." You should probably consider leaving your job if you are completely opposed to your boss's approach on a moral level. If they're stuck in their ways, you'll have to resort to changing your communication style to match theirs.

Persons: Robyn L, Garrett, Beamably, you've, they'll, they're Organizations: Harvard, Harris Poll, Interact, CNBC

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