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☆ U.S. union and Apple reach tentative labor agreement
▼ + stars: | 2024-07-27 | by ( ) www.cnbc.com time to read: +1 min

People line up outside the New York Apple Store on February 2, 2024, as the Vision Pro headset is released in US Apple stores. The Vision Pro, the tech giant's $3,499 headset, is its first major release since the Apple Watch nine years ago. The International Association of Machinists and Aerospace Workers (IAM) Coalition of Organized Retail Employees (IAM CORE) reached a tentative agreement with tech giant Apple on Friday over improvement in work-life balance, pay raises and job security. Workers at the Towson, Maryland, Apple retail store will vote on the tentative agreement on Aug. 6. Workers at Apple's Towson store voted in favor of authorizing a strike in May.

Organizations: York Apple, Apple, Apple Watch, International Association of Machinists, Aerospace Workers, IAM, Coalition, Retail Employees, IAM CORE, Workers, Towson, Apple's Towson, Maryland Locations: Towson , Maryland, United States

☆ ABC ‘full steam ahead’ for presidential debate, despite Trump backing off commitment
▼ + stars: | 2024-07-26 | by ( Hadas Gold | ) edition.cnn.com time to read: +3 min

New York CNN —ABC News is continuing preparations for an upcoming presidential debate, despite former President Donald Trump saying he won’t consider participating in a debate until the Democratic Party formally chooses its nominee. “Full steam ahead,” an ABC network source told CNN on Friday. I agreed to a debate with Joe Biden,” Trump, the Republican nominee, said on a press call earlier this week. After Biden dropped out and endorsed Harris, Trump suggested the ABC debate should be moved to the right-wing network Fox News. Earlier this week, Fox sent letters to both campaigns offering to host their own presidential debate.

Persons: Donald Trump, ”, David Muir, Linsey Davis, “, Joe Biden, ” Trump, she’ll, Kamala Harris, Trump, ’ ” Harris, Biden, Harris, Fox, Jason Miller, Axios, I’m Organizations: New, New York CNN, ABC, Democratic Party, CNN, Republican, Democratic, NBC, Biden, Trump, CBS, Fox Locations: New York

☆ WBD sues NBA over league’s rejection of broadcast matching rights
▼ + stars: | 2024-07-26 | by ( Liam Reilly | ) edition.cnn.com time to read: +5 min

Discovery has filed a lawsuit against the NBA after the league rejected its matching offer to broadcast the league’s games for the next decade, ending the media company’s four-decade relationship with the NBA. “Given the NBA’s unjustified rejection of our matching of a third-party offer, we have taken legal action to enforce our rights,” a WBD spokesperson said in a statement. But the league said WBD “did not match the terms” of its deal with Amazon. While WBD maintains the rights to the NCAA March Madness tournament, along with the MLB, NHL and NASCAR, the NBA remains crucial to the media conglomerate. The cable channel TNT has built a programming slate around the NBA games, most notably the highly rated “Inside the NBA” show featuring Barkley, Ernie Johnson, Kenny Smith and Shaquille O’Neal.

Persons: “, Max, ” Mike Bass, ” Adam Silver, WBD “, Warner, WBD, Barkley, Ernie Johnson, Kenny Smith, Shaquille O’Neal, ”, I’m, ” Barkley Organizations: New, New York CNN, Warner Bros, Discovery, NBA, Amazon, Disney, TNT, Amazon Prime, ABC, ESPN, CNN, Netflix, NCAA, MLB, NHL, NASCAR Locations: New York, New York County, United States, WBD

Ms. Harris was receiving 93 percent support from Democrats, the same share that Mr. Trump was getting from Republicans. Overall, Mr. Trump leads Ms. Harris 48 percent to 47 percent among likely voters in a head-to-head match. Mr. Trump leads Ms. Harris 48 percent to 46 percent among registered voters. The country’s view of Ms. Harris has also brightened, with her favorable rating rising by 10 percentage points since February. In a multicandidate race, less than a single percentage point separated Mr. Trump and Ms. Harris, with Ms. Harris at 44 percent and Mr. Trump at 43 percent after rounding.

Persons: Kamala Harris, Donald Trump, Donald J, Trump, Biden, Harris, Nate Cohn, Mr, Erin Schaff, Harris’s, JD Vance, Ohio, “, ”, Summer Nesbitt, Nesbitt, Biden’s, Trump’s, … Donald Trump, Joe Biden, Harris —, don’t, Eddie Otzoy, Hillary Clinton, Michael Newman, —, Robert F, Kennedy Jr, ” Harris Trump, Christine Zhang Organizations: New York Times, Siena College, Democratic Party, Democratic, Mr, Republicans, Times, Credit, The New York Times, Sun, Republican National Convention, Trump, Siena, “, Democrats Locations: Siena, Atlanta, Nevada , Arizona, Georgia, Detroit, Pennsylvania, Los Angeles, Arlington , Texas

☆ Equinox signs up for Neom, Saudi Arabia's futuristic desert city
▼ + stars: | 2024-07-26 | by ( Dan Latu | ) www.businessinsider.com time to read: +1 min

Equinox announced a resort in Neom, the desert project in Saudi Arabia. The resort will feature high-end restaurants, a floating bridge, and 450-meter pool. Equinox opened its first hotel in 2019 in New York City, where rooms can go for $900 per night. AdvertisementEquinox is joining Crown Prince Mohammed bin Salman of Saudi Arabia in dreaming of a desert paradise as the company announces plans for a resort in Neom, the kingdom's utopia project. The luxury accommodations promise to feature high-end restaurants, a pool the length of 9 Olympic-sized courses, a floating bridge suspended 40 meters above a lagoon, and, of course, a signature Equinox gym.

Persons: —, Crown Prince Mohammed bin Salman Organizations: Equinox, Service, Crown Prince Locations: Neom, Saudi Arabia, New York City

☆ Want to avoid giving your kid a smartphone? Mental health experts say you're not alone — and have 5 tips
▼ + stars: | 2024-07-26 | by ( Sawdah Bhaimiya | ) www.cnbc.com time to read: +6 min

Smartphone Free Childhood, a recently founded U.K. organization is aimed at uniting parents who are not giving their kids smartphones. Organize with other parentsBeing the only parent refusing to give your child a smartphone can be isolating for both you and your kid, Rausch said. "The class parents, as a collective, agreed that they would postpone giving their kids cell phones until they entered middle school. Start the conversation earlyPike and Rausch advise starting the conversation around smartphones from childhood so that your child isn't surprised later on. Pike said that even making a habit of giving a bored child a smartphone as entertainment can become a major issue down the line.

Persons: Kathleen Pike, Columbia's Pike, Zach Rausch, Jonathon Haidt's, Rausch, Johnny, Pike, we've, it's, isn't, Melanie Hempe, you've, They're Organizations: Columbia University Irving Medical Center, CNBC, New York University Stern School of Business, New York Times Locations: U.S

☆ Warner Bros. Discovery Sues N.B.A. Over Rights Deal
▼ + stars: | 2024-07-26 | by ( Tania Ganguli | ) www.nytimes.com time to read: +1 min

Warner Bros. That left Warner Bros. Discovery, a current rights holder, set to lose the league at the end of next season. “Given the N.B.A.’s unjustified rejection of our matching of a third-party offer, we have taken legal action to enforce our rights,” Warner Bros. content.”Mike Bass, a spokesman for the league, said, “Warner Bros. Discovery’s claims are without merit, and our lawyers will address them.”

Persons: “, ” Warner, Mike Bass, “ Warner, Discovery’s, ” Organizations: Warner Bros . Discovery, National Basketball Association, Disney, Comcast, Warner Bros, ” Warner Bros, Discovery, Court, “ Warner Bros Locations: New York

☆ Anger Lingers Over Positive Doping Tests for Chinese Swimmers
▼ + stars: | 2024-07-26 | by ( Jenny Vrentas | Tariq Panja | ) www.nytimes.com time to read: +1 min

The days before the Olympic swimming competition are often a chance for the world’s best swimmers to share their hopes and expectations. This year, it was the latest chance to air their grievances. There was talk of Chinese doping, demands for transparency and simmering anger. Much of the latter was focused on disappointment and disillusionment with the global antidoping system, and the irritation was international. Chinese journalists complained of unfair scrutiny.

Persons: Caeleb Dressel Organizations: Paris, New York Times Locations: Australian, American

Nearly two weeks after the assassination attempt on former President Donald J. Trump, there’s still no official report from the Trump campaign or from state or federal governments about what caused the wound on his right ear. This lack of clarity has left the issue unsettled and fueled speculation online about whether he was hit by a bullet or shrapnel — or perhaps something else. But a detailed analysis of bullet trajectories, footage, photos and audio by The New York Times strongly suggests Mr. Trump was grazed by the first of eight bullets fired by the gunman, Thomas Crooks. Subsequent bullets wounded two rally goers and killed a third. What has helped stoke confusion is that Mr. Trump himself has said he was hit by a bullet, but his campaign has not released any official medical reports, nor has Mr. Trump’s current physician weighed in.

Persons: Donald J, Trump, there’s, Thomas Crooks, Trump’s Organizations: The New York Times, stoke

☆ I worked remotely for 4 years and felt isolated, without any real connections with my coworkers. I decided to quit.
▼ + stars: | 2024-07-26 | by ( Jamie Bradley | ) www.businessinsider.com time to read: +4 min

The company changed, and so did IBeing a remote employee as coworkers returned to the office was extremely challenging. The disconnect didn't help my morale at workI started to feel isolated, lonely, and disconnected from my coworkers. AdvertisementFrom my experience, I know how difficult it can be to form meaningful connections with coworkers that you only interact with through a screen. When work gets frustrating, and I feel lonely or isolated, I find coworkers an invaluable support system. I want to prioritize personal connections throughout my career, which means stepping out from behind the screen and being together.

Persons: COVID Organizations: Service, Business Locations: New York City, New York, Denver

☆ Bill Ackman's IPO of Pershing Square closed-end fund is postponed, NYSE says
▼ + stars: | 2024-07-26 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Billionaire investor Bill Ackman is postponing the highly scrutinized listing of Pershing Square's U.S. closed-end fund, according to a notice on the New York Stock Exchange's website. The initial public offering of Pershing Square USA Ltd., with the ticker PSUS, has been delayed until a date to be announced, according to the website. Pershing Square declined to comment further. Most of its capital is in Pershing Square Holdings, a $15 billion closed-end fund that trades in Europe. The publicly traded closed-end fund is expected to invest in 12 to 24 large-cap, investment-grade, "durable growth" companies in North America.

Persons: Bill Ackman, Pershing, Ackman, — CNBC's Leslie Picker Organizations: Pershing Square's U.S, New York Stock, Pershing, USA, Pershing Square Holdings, New York Stock Exchange Locations: Europe, North America

A plume of smoke from the Park Fire fills the sky in Chico, Calif., on Thursday evening. Now the state’s largest fire so far this year, it has burned over 164,000 acres. Credit... Daniel Dreifuss for The New York Times

Persons: Daniel Dreifuss Organizations: The New York Locations: Chico , Calif

☆ Top Real Estate Agent Faces Another Claim of Sexual Assault
▼ + stars: | 2024-07-26 | by ( Debra Kamin | ) www.nytimes.com time to read: +1 min

An actress and comedian says she was drugged and sexually assaulted by Oren Alexander, a top luxury real estate agent who is facing a string of accusations that he and his two of his brothers sexually assaulted women — allegations that had been whispered throughout the high-end real estate industry for years. Renee Willett, 31, filed a federal lawsuit on Friday accusing Mr. Alexander, 37, of attacking her in his apartment nearly nine years ago. Two earlier lawsuits filed this year name Mr. Alexander and his twin brother, Alon, who does not work in real estate but often socializes with him. A third suit filed in June names Oren, Alon and their older brother Tal Alexander, 38, who is Oren’s longtime partner in real estate sales. Isabelle Kirshner, a lawyer for Oren Alexander, said she had no comment on the new allegation at this time.

Persons: Oren Alexander, Renee Willett, Mr, Alexander, Alexander ., Alon, Oren, Tal Alexander, Isabelle Kirshner, Tal, Willett Organizations: Mr, of, New York Times Locations: U.S, Southern, of New York

☆ You won't find any ping-pong tables at Google's newly opened NYC office
▼ + stars: | 2024-07-26 | by ( Jaures Yip | ) www.businessinsider.com time to read: +1 min

Google's new NYC office does not have the iconic ping-pong tables found in Silicon Valley, according to a new tour video. The 1.2 million square foot office, opened in February, sits atop a 1930s rail terminal. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementIf you're planning to visit Google's newly opened New York office, don't bother packing your paddles. Unlike its Silicon Valley location, the company's latest office doesn't have any of its classic ping-pong tables.

Persons: — Organizations: Global Business Organization, Service, Business Locations: Silicon Valley, New York

We've got you covered if you're looking for how to get tickets to Chappell Roan's 2024 tour. Chappell Roan 2024 tour scheduleIncluding 12 shows in North America, there are still 21 concert dates remaining in Chappell Roan's 2024 tour. How to buy tickets for Chappell Roan 2024 concert tourYou can purchase original tickets for Chappell Roan's 2024 tour on Ticketmaster or for her festival appearances through each festival's respective personal site. How much are Chappell Roan tickets? Vivid Seats offers comparable prices for resale tickets to Chappell Roan's 2024 tour dates.

Persons: Chappell Roan, Roan, We've, Chappell, Rogers, she'll, Chappell Roan's Organizations: Business, Princess, Austin City Limits, Midwest Princess, Chappell, Austin City Limits Music, Ticketmaster, Music, Arts Festival, Vivid Locations: Europe, North America, New York City, Columbia , Maryland, Franklin , Tennessee, Rogers , Arkansas, Bluffs , Iowa, Austin, London, Texas, Chicago, Montreal, Canada, St, Charles, San Francisco , CA, Berlin, Germany, Paris, France, Amsterdam, Netherlands, Manchester, England, Glasgow, Scotland, Dublin, Ireland, Forest Hills , New York, Columbia, Franklin, TN, San Francisco

☆ Starter homes cost more than $1 million in a record 237 cities
▼ + stars: | 2024-07-26 | by ( Filip De Mott | ) www.businessinsider.com time to read: +1 min

Typical starter homes are worth at least $1 million in a record 237 US cities, Zillow reported. Nearly half of these cities are in California, with New York and New Jersey also heavily represented. AdvertisementA record number of US cities now have typical starter homes worth at least $1 million, Zillow reported. On average, homebuyers can find seven-figure starter properties in 237 metros, the firm said, a considerable jump from where values stood five years ago. Zillow defined typical starter homes as properties in the lower third of values.

Persons: —, Zillow Organizations: Service, metros, Business Locations: California, New York, New Jersey

☆ No, Taylor Swift isn't in 'Deadpool & Wolverine.' Here's why Swifties and Marvel fans were convinced she'd make an appearance.
▼ + stars: | 2024-07-26 | by ( Olivia Singh | ) www.businessinsider.com time to read: +7 min

The Grammy-winning singer later cast "Deadpool & Wolverine" director Shawn Levy as the dad in her "All Too Well" short film, which was released in November 2021. Following the success of "Deadpool" (2016) and "Deadpool 2" (2018), Reynolds confirmed that a third installment was in the works in 2019. Rumors intensified when production began on 'Deadpool & Wolverine'Hugh Jackman and Ryan Reynolds will star in "Deadpool 3." Gotham/GC ImagesLevy then played coy about the possibility of Swift being in "Deadpool & Wolverine." AdvertisementJust before the release of "Deadpool & Wolverine," Reynolds told E!

Persons: —, Taylor Swift, Swifties, Ryan Reynolds, Reynolds, He's, Swift, Blake Lively, who's, they've, Meredith, Olivia, Shawn Levy, Levy, Guy, Jackman, Logan, Wolverine, She's, Hugh Jackman, Monica Schipper, Dazzler, Simon Kinberg, James McAvoy, Sophie Turner, Lively, Jim McIsaac, Travis Kelce, TheWrap, That's Taylor, she's Organizations: Service, Marvel, Business, Entertainment, Swift, Netflix, Reynolds, NFL, Kansas City Chiefs, New York Jets, Chiefs, coy, SAG Locations: New York, Village

☆ Automakers Sold Driver Data for Pennies, Senators Say
▼ + stars: | 2024-07-26 | by ( Kashmir Hill | ) www.nytimes.com time to read: +1 min

If you drive a car made by General Motors and it has an internet connection, your car’s movements and exact location are being collected and shared anonymously with a data broker. This practice, disclosed in a letter sent by Senators Ron Wyden of Oregon and Edward J. Markey of Massachusetts to the Federal Trade Commission on Friday, is yet another way in which automakers are tracking drivers, often without their knowledge. Previous reporting in The New York Times, which the letter cited, revealed how automakers including G.M., Honda and Hyundai collected information about drivers’ behavior, such as how often they slammed on the brakes, accelerated rapidly and exceeded the speed limit. It was then sold to the insurance industry, which used it to help gauge individual drivers’ riskiness. The two Democratic senators, both known for privacy advocacy, zeroed in on G.M., Honda and Hyundai because all three had made deals, The Times reported, with Verisk, an analytics company that sold the data to insurers.

Persons: Ron Wyden, Edward J, Markey Organizations: General Motors, Oregon, Massachusetts, Federal Trade Commission, The New York Times, Honda, Hyundai, Democratic, The Times Locations: G.M

For once, American voters are in near total agreement about politics: They (almost) all agree that President Biden was right to exit the presidential race. In the latest New York Times/Siena College poll, released on Thursday, 87 percent of registered voters approved of his decision to drop out. Only 9 percent disapproved. Still, Mr. Biden’s move has reached a stratum of consensus that little in American public life can touch. We reviewed dozens of polls from the past few years, and it was hard to find anything that more people agreed on.

Persons: Biden, Biden’s Organizations: New York Times, Siena College, Republicans

☆ A Test for Harris: How to Talk About the Green New Deal
▼ + stars: | 2024-07-26 | by ( Lisa Friedman | ) www.nytimes.com time to read: +1 min

But one past action stands out as something that could be both an asset to Ms. Harris as well as an albatross. As a senator in 2019, Ms. Harris cosponsored the Green New Deal, a nonbinding resolution that was centered around the idea that addressing climate change required significant changes in the economy. It called for converting the electric grid to 100 percent clean energy this decade, declared clean air, clean water and healthy food to be basic human rights. Ms. Harris joined them. “I am supporting the Green New Deal,” she said to thunderous applause.

Persons: Kamala Harris, Harris, Edward J, Markey, Alexandria Ocasio, Ms, “, ” Organizations: White, Green, Green New Deal, Democratic Locations: Europe, United States, Massachusetts, Cortez, New York, New Hampshire

☆ Opening Bell: July 26, 2024
▼ + stars: | 2024-07-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOpening Bell: July 26, 2024Watch the opening bell for the New York Stock Exchange and the Nasdaq from July 26, 2024

Organizations: New York Stock Exchange, Nasdaq

☆ Let the Pros Play With the ‘Trump (or Harris) Trade’
▼ + stars: | 2024-07-26 | by ( Jeff Sommer | ) www.nytimes.com time to read: +1 min

“Sell in May and go away,” is an old Wall Street adage. I first heard about it from my father, a New York businessman, on a hot afternoon back in the last century. “The Trump trade” is what financial strategies associated with the shifting fortunes of the former president are being called. Such market bets have been connected by Wall Street analysts to movements in the prices of gun, prison and fossil-fuel energy stocks. And the Trump trade has also been attributed to small moves in bond yields and in expectations of changes in transactions, from mergers and acquisitions to the exchange rate of the dollar.

Persons: “, ”, Trump Organizations: Hamptons, Ford, Labor, Trump, Wall Street Locations: New York

☆ European stocks head for mixed open as selloff eases; U.S. inflation data due
▼ + stars: | 2024-07-26 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

Traders work on the floor of the New York Stock Exchange as a picture of Vice President Kamala Harris is displayed on a television screen, on July 22, 2024. Overall, Stoxx losses have eased from last week, when the regional index recorded its worst performance since October. LONDON — European markets are heading for a mixed open Friday, as a global stock selloff eases and investors await U.S. inflation. The biggest item on the data front Friday is the U.S. personal consumption expenditures price index, due at 8:30 a.m. Asia-Pacific markets largely rebounded Friday, as Tokyo's headline inflation slowed slightly to 2.2% in July from 2.3% in May.

Persons: Kamala Harris, Wall, Dow Jones, Mercedes, Stellantis Organizations: New York Stock Exchange, LONDON, Mercedes Benz Locations: U.S, Asia, Pacific, .

☆ Two Women Killed in Upper East Side Murder-Suicide
▼ + stars: | 2024-07-26 | by ( Shayla Colon | Chelsia Rose Marcius | ) www.nytimes.com time to read: 1 min

Two women were shot to death in a murder-suicide on the Upper East Side of Manhattan on Friday morning, according to the police. One of the women, identified by the police as Kathleen Leigh, 65, approached the second woman, identified as Marisa Galloway, 45, shooting her in the head and lower back. Ms. Leigh then shot herself in the head, the police said. Ms. Leigh was pronounced dead at the scene, the police said. Ms. Galloway was taken to Weill Cornell Medical Center, where she later died.

Persons: Kathleen Leigh, Marisa Galloway, Leigh, Galloway Organizations: Honda, Gracie Mansion, New York City, Weill Cornell Medical Center Locations: Manhattan, Gracie

☆ New York Will Allow Beth Israel Hospital to Close
▼ + stars: | 2024-07-26 | by ( Joseph Goldstein | More About Joseph Goldstein | ) www.nytimes.com time to read: +1 min

The conditions are aimed at ensuring that nearby hospitals aren’t overwhelmed by the increase of patients expected after Beth Israel closes. The Health Department said Beth Israel must fund an expansion of the emergency room at Bellevue, the flagship of the city’s public hospital system. Another condition is that Beth Israel must run an urgent care center, open 24 hours a day, 7 days a week, for three months. A spokesman for the Mount Sinai hospital system, Loren Riegelhaupt, said in a statement that Beth Israel would remain open and accept patients, for now. Beth Israel was founded in 1889, initially as a dispensary serving mainly Jewish immigrants on the Lower East Side.

Persons: Beth Israel, Loren Riegelhaupt Organizations: NYU Langone Health, The Health Department Locations: Manhattan, Bellevue, Beth, Mount Sinai

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