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☆ Las Vegas Golden Knights owner Bill Foley: We feel we have the angle to make this team successful
▼ + stars: | 2024-11-21 | 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 EmailLas Vegas Golden Knights owner Bill Foley: We feel we have the angle to make this team successfulBill Foley, owner Las Vegas Golden Knights, joins CNBC's 'Money Movers' to discuss whether hockey team valuations are warranted, opinions on player salary caps, and more.

Persons: Bill Foley Organizations: Vegas Golden Knights, Las Vegas Golden Knights

AdvertisementSome venture capitalists expect US President Donald Trump to dial back regulation, potentially making it easier to develop new technologies and do business in Silicon Valley. Related VideoWhile many in Silicon Valley dislike Trump, many VCs and startup founders crave more freedom to pursue riskier new technologies unburdened by regulation. E-acc," referring to the recent Silicon Valley movement that wants technological advancements in AI to move as fast as possible, without any guardrails. Regulation has held Silicon Valley back in recent yearsVCs during Biden's presidency have complained about how tough it's been to get deals done. AdvertisementVCs anticipate an innovation boomAmerica is a country of entrepreneurs, and that's especially true in Silicon Valley.

Persons: —, Donald Trump, Elon, Ben Narasin, we've, Trump, Musk, cheekily, Vance, Augustus Doricko, Kamala Harris, Aaron Levie, Harris, Mark Pincus, Biden's, Louis Lehot, Foley, Lardner, Lina Khan —, it's, Biden, JD Vance, Khan, Mason Angel, who's, he's, Narasin, Ben Thompson, Rainmaker's Doricko, Angel Organizations: Service, Elon, Venture, White, Department of Government, Zynga, acc, Google, Microsoft, Nvidia, Federal Trade Commission, Department of Justice, Trump, Republican, Big Tech, FTC, SpaceX, Space Force Locations: Silicon Valley, Silicon

While many Silicon Valley VCs and founders aren't huge Trump fans, their industry thrives when startups are getting acquired or going public quickly. The Biden administration clamped down heavily on tech M&A, so Trump's win could be a financial boon for the sector. Stephen Hays, the founder and managing partner of What if Ventures, said money is already moving again. AdvertisementBig Tech returns to the tableAs president, Trump could roll back some of the antitrust policies that his opponent would have continued. "People are keeping to themselves and just getting on with their business," said Conrad Burke, a managing partner of MetaVC Partners.

Persons: Kamala Harris, Reid Hoffman, Laurene Powell, Vinod Khosla, Harris, Donald Trump's, aren't, Biden, There's, Jordan Nof, Stephen Hays, Trump, Elon, Lina Khan's, Lulu Cheng Meservey, Y, Lina Khan, Kevin Dietsch, Brandon Brooks, — Trump's, JD Vance —, Chris Farmer, Mason Angel, Louis Lehlot, Lardner, Michael Greeley, Crypto, hasn't, Gary Gensler, Bitcoin, Brian Garrett, Garrett, Jenny Fielding's, Fielding, Conrad Burke, Leslie Feinzaig, bundlers, Kamala, I've Organizations: Democrat, White House, Trump, Tusk Venture Partners, Ventures, Tech, Federal Trade, Investors, Foley, Big Tech, Markets, Flare Capital, Biden, SEC, Crosscut Ventures, Google, Microsoft, MetaVC Partners Locations: Europe

☆ Peloton announces Ford exec, founder of Apple Fitness+ Peter Stern as its next CEO
▼ + stars: | 2024-10-31 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +2 min

Peloton on Thursday said it has appointed Peter Stern, a Ford executive and the cofounder of Apple Fitness+ to be its next CEO and president. Stern, the president of Ford Integrated Services, primarily oversees the automotive company's subscription services, such as BlueCruise, Pro Intelligence, connectivity and security. Stern is slated to step down from his role at Ford and take the helm of Peloton on Jan. 1. Stern is the third CEO to lead Peloton in its history. "Peter is a seasoned strategist with a track record of driving sustainable growth through innovation, and we have every confidence in his ability to lead Peloton during this important time.

Persons: Peter Stern, Stern, Karen Boone, Chris Bruzzo, Boone, Bruzzo, Peter, Jay Hoag, Barry McCarthy, McCarthy, John Foley Organizations: Ford, Apple, Ford Integrated Services, Pro Intelligence, Interim, Spotify, Netflix

☆ Q3 was an important turnaround for us, says McCormick CEO Brendan Foley
▼ + stars: | 2024-10-01 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Q3 was an important turnaround for us, says McCormick CEO Brendan FoleyMcCormick President and CEO Brendan Foley joins 'Mad Money' host Jim Cramer to talk quarterly results, its portfolio offerings and more.

Persons: McCormick, Brendan Foley McCormick, Brendan Foley, Jim Cramer

☆ John Ashton, ‘Beverly Hills Cop’ actor, dies at 76
▼ + stars: | 2024-09-29 | by ( Associated Press | ) edition.cnn.com time to read: +2 min

AP —John Ashton, the veteran character actor who memorably played the gruff but lovable police detective John Taggart in the “Beverly Hills Cop” films, has died. Ashton died Thursday in Fort Collins, Colorado, his family announced in a statement released by Ashton’s manager, Alan Somers, on Sunday. In a career that spanned more than 50 years, Ashton was a regular face across TV series and films, including “Midnight Run,” “Little Big League” and “Gone Baby Gone.”But in the “Beverly Hills Cop” films, Ashton played an essential part of an indelible trio. Ashton co-starred in all four of the films, beginning with the 1984 original and running through the Netflix reboot, “Beverly Hills Cop: Axel F,” released earlier this year. “Bobby started handing me these matches, and I went to grab the matches, and he threw them on the floor and stared at me,” said Ashton.

Persons: John Ashton, John Taggart, Ashton, Alan Somers, Eddie Murphy’s Axel Foley, — Billy Rosewood, Reinhold, Ashton’s Taggart —, Taggart —, Sarge ”, Billy —, Axel F, ”, Martin Brest’s, Charles Grodin’s, Duke ”, Robert De Niro’s Jack Walsh, De Niro, “ Bobby, “, ‘, ’, ” Ashton, Robin Hoye Organizations: Big League, Netflix, Beverly Hills, Collider Locations: Beverly, Fort Collins , Colorado, Detroit, Los Angeles, he’s

☆ Why Millennials and Gen Z Are Tracking Their Parents' Phones
▼ + stars: | 2024-09-26 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +12 min

While parents have used location-tracking apps to keep an eye on their kids since the tech was invented, millennials and Gen Zers are now turning the all-seeing eye onto their parents. The kids who grew up with extra watchful parents are now carefully eyeing their parents' every move. While phones lacked tracking technology when Shafer was younger, her parents set hard limits on which hours she could use her first cellphone and whom she could contact. She described her mom and dad's parenting style as "very typical of overbearing parents, especially immigrant parents." And more parents are tracking their kids in college to help quell their anxiety about the separation.

Persons: Sherry Howard, Howard, —, TikTok, Zers, Gen Zers, Kacy Shafer, Shafer, Stephiney Foley, Foley, Kelley Roebuck, Cousin Erica's, Roebuck, y'all, Gabrielle Lask, Lask, didn't, Dr, Kanchi Wijesekera, Julianne Goldfinger, Goldfinger, she's, I'm, Wijesekera, Joy Loverde, Loverde, they've, it's, Julia Pugachevsky Organizations: The New York Times, Pew, Business Locations: Ohio, Caribbean, West Virginia, New York, Shanghai, Smoky, Tennessee, Seattle, Florida, Illinois, California

☆ Marcellus Williams is executed despite prosecutors and the victim’s family asking that he be spared
▼ + stars: | 2024-09-24 | by ( Cindy Von Quednow | Holly Yan | ) edition.cnn.com time to read: +11 min

Around 100 demonstrators were present on the prison grounds protesting capital punishment and Williams’ execution, Pojmann said. Williams’ team filed a clemency petition to the US Supreme Court last week, noting Missouri’s previous governor had postponed Williams’ execution indefinitely amid questions about the integrity of Williams’ trial. Eric Greitens previously halted Williams’ execution and formed a board to investigate his case and determine whether he should be granted clemency. “The Board investigated Williams’ case for the next six years — until Governor Michael Parson abruptly terminated the process,” Williams’ attorneys wrote. “The Governor’s actions have violated Williams’ constitutional rights and created an exceptionally urgent need for the Court’s attention,” Williams’ attorneys said in court documents.

Persons: Marcellus Williams, Williams, Williiams, Sonia Sotomayor, Elena Kagan, Ketanji Brown Jackson, Felicia Gayle, Gayle’s, Mike Parson, Trevor Foley, “, Larry Komp, ” Komp, Tricia Rojo Bushnell, CNN’s Jake Tapper, doesn’t, Governor Parson, Parson, Louis County, Williams ’, ” Williams, Karen Pojmann, Imam Jalahii Kacem, Pojmann, Andrew Bailey, Wesley Bell, Louis, ” Bailey, Jonathan Potts, Michael Spillane, ” Spillane, “ Mr, ” Parson, ”, – Williams, Alford, general’s, Eric Greitens, Michael Parson, ” CNN’s Dakin Andone, Lauren Mascarenhas, John Fritze, Jennifer Hauser Organizations: CNN, US, ”, Missouri Department of Corrections, NAACP, Williams, of Corrections, Attorney’s Office, Missouri Attorney General’s, Jail, Court, Missouri Supreme, Republican Gov, Supreme, Attorney’s, GOP Gov Locations: Missouri, Bonne Terre, St, Louis

☆ A stunning sterling rally is about to collide with Britain's political realities
▼ + stars: | 2024-09-23 | by ( Jenni Reid | ) www.cnbc.com time to read: +4 min

Sterling breached $1.33 against the greenback for the first time since March 2022 on Thursday, and was trading at $1.3315 early London time Monday. The pound's rally was tied to the BOE communication and "looks fully justified," Chris Turner, global head of markets at ING, said in a Friday note. Higher rates are traditionally a positive for a domestic currency as the higher yield can attract more foreign capital. watch nowGabriella Dickens, G7 economist at AXA Investment Managers, also cautioned on the pound's outlook in a note Thursday. If the government is more stringent on fiscal policy, we think the Bank will be forced to increase the pace of the cutting cycle to offset the hit on both households' and businesses' finances."

Persons: Keir Starmer, BOE, Chris Turner, Turner, Jane Foley, Gabriella Dickens, Dickens Organizations: Bank of England, Labour, Sterling, greenback, London, ING, Fed, U.K, European Union, Rabobank London, CNBC, AXA Investment, Bank, quicken Locations: Britain, –

As governor, Mr. Evans increased aid for higher education and was instrumental in the creation of a state community college system. In 1970, Washington became the first state to create a Department of Ecology. When urban riots convulsed the nation, he went into Seattle’s poor neighborhoods and set up centers to deliver state services. Using executive powers, he established the Washington State Indian Affairs Commission in 1967 and the State Women’s Council in 1971. In 1969, he named the first Black members to the boards of the University of Washington and Seattle Community College.

Persons: ”, “, George H.W, George H.W . Bush, ‘, Gerald R, Ford, Evans, Nixon, Rockefeller, Bob Dole, Jimmy Carter, Thomas S, Foley, Evans “ Organizations: Ecology, Washington State Indian Affairs Commission, State Women’s Council, University of Washington, Seattle Community College, Democratic Locations: George H.W ., Bob Dole of Kansas, Washington

☆ Fontana, California: Police pressured him to confess to a murder that never happened
▼ + stars: | 2024-09-05 | by ( Rachel Clarke | Shimon Prokupecz | ) edition.cnn.com time to read: +35 min

The medication, it took over, and we need to find Daddy right now.”Later, Perez asked for medical attention. She knows, because she was walking through all the blood.”Time and again they asked Perez to imagine what could have happened. “They picked me up, they read me my rights and my mind’s going, ‘What’s going on?’,” the elder Perez told CNN. The elder Perez told CNN the samples had been identified as coming from a male, but that was all. Harrell, whose office is counsel to the city of Fontana, asked CNN to return any video it had, unaired.

Persons: California CNN — Tom Perez, Perez, ” Perez, “, Tom Perez, —, “ Papa Tom ” —, Margo —, Margo, …, That’s, ”, Joanna Piña, Cpl, Sheila Foley, Piña, ” Foley, Robert Miller, Miller, PEREZ, Fontana, David Janusz, Kyle Guthrie, Guthrie, Thomas —, Perez —, Janusz, berate Perez, Dolly Gee, ” Guthrie, “ Thomas, that’s, ” Janusz, Jeff Noble, . Miller, ” Noble, They’re, Mr, where’s, Perez’s, Carl Peraza, Peraza, Tom, ” Peraza, Police badgered Perez, ‘, ’ Janusz, … You’re, Thomas, Thomas ’, you’re, Judge Gee, “ She’s, ” Tom Perez, Noble, — Perez, Father, Thomas Perez, Miranda, ‘ What’s, Papa Tom, Jerry Steering, he’d, they’ve, it’s, Shel Harrell, Harrell, ” Judge Gee, Ruben Duran, ” Duran, he’s, Fontana Guthrie, Michael Dorsey, Perez Jr, Dorsey, there’s, CNN it’s Organizations: Fontana, California CNN, CNN, Fontana Police Department, THE, US, ” Police, Police, that’s, Los Angeles International Airport, City of, City Locations: California, Fontana , California, Fontana, Los Angeles, Oakland , California, Northern California, City of Fontana, “, United States

☆ A look at the behind-the-scenes business of Hollywood studio lot tours
▼ + stars: | 2024-08-31 | by ( Sarah Whitten | ) www.cnbc.com time to read: +12 min

Hosted by Universal , Warner Bros. , Sony and Paramount , studio lot tours showcase the movie-making process from set design and sound recording to costumes and props. Building facades at the Warner Bros. studio lot. Floor to ceiling shelves filled with marble and faux marble busts at Warner Bros.' studio tour prop house. Studio Tour Hollywood Grand Re-Opening at Warner Bros. Studios on June 24, 2021 in Burbank, California. For the first six months of their employment with the studio, these pages serve as studio tour guides.

Persons: Tama, Robert Thompson, Adam Burke, Burke, Thompson, Mayer, Sarah Whitten, Tony Tasset, Oz, bauer, Foley, Gilmore, Harry Potter, Matt Winkelmeyer, Paul Dergarabedian, Alfred Hitchcock's, Truman, Benjamin Button, Steven Spielberg, Gabriel Bouys, King Kong, Allen J Organizations: Getty, Hollywood, Syracuse University, Universal, Warner Bros, Sony, Paramount, Los Angeles Tourism Board, Los Angeles Department of Public Works, Sony Pictures, Metro, Goldwyn, CNBC, Social, Sony Pictures Entertainment, CNBC Warner Bros, Warner Bros ., Fantastic, Studios, Turner, Paramount Studios, Bloomberg, Universal Studios, Afp, Universal Studios Hollywood, York, Los Angeles Times Locations: New York City, Los Angeles, Culver City, Central, Burbank , California, Los Angeles , California, York, Hollywood, New York

☆ I was a stepmom before I became a biological mom. It's different, but both roles are important.
▼ + stars: | 2024-08-05 | by ( Megan Foley | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Paper stars decorated their walls, and a yellow halo of light shone around their door, cracked open so they wouldn't feel scared. For nine years, I've helped feed, clothe, and shelter them — not as their mom or dad, but as a parent nonetheless. AdvertisementI became a biological momThree years ago, I gave birth to a girl who consumes, delights, inspires, and exhausts me. So I can say this with conviction: being a stepparent and being a biological parent are different — but they're both valid.

Persons: —, I've, Kamala Harris Organizations: Service, Business

☆ New bill proposals aim to make it easier for disabled individuals to save money
▼ + stars: | 2024-08-01 | by ( Lorie Konish | ) www.cnbc.com time to read: +2 min

Congress enacted legislation a decade ago to create accounts to help people with disabilities save money. ABLE accounts let disabled individuals save money outside of asset limit requirements set by federal-assistance programs while also accessing certain tax advantages. Investments in ABLE accounts grow tax deferred, while withdrawals are tax free, as long as they are used for qualified expenses. To date, more than 171,000 people with disabilities have saved an average of over $11,000 each through ABLE accounts, according to Casey. Last year, he proposed a bill called the ABLE MATCH Act that would create a federal dollar-for-dollar match to help lower-income disabled individuals save money in those accounts.

Persons: Sen, Bob Casey, Casey, Thomas Foley, Foley Organizations: Aging, Investments, Finance, Administration, National Disability Institute

It has been less than two weeks since President Biden dropped his re-election bid and threw his support behind Vice President Kamala Harris. Already, Ms. Harris has closed the gap with former President Donald J. Trump in some national polls. The Harris campaign said it had raised more than $200 million in a week. Ms. Harris’s supporters even broke attendance records on Zoom, with one group gathering more than 160,000 people on a single call. We spoke to Zoom rally organizers, first-time campaign donors and people who were previously planning to sit the whole thing out.

Persons: Biden, Kamala Harris, Harris, Donald J, Harris’s Organizations: Trump

☆ Banks get bullish on the British pound despite the possibility of an imminent snapback
▼ + stars: | 2024-07-31 | by ( George Bextor | ) www.cnbc.com time to read: +1 min

In a recent research note, experts at Goldman Sachs were upbeat on the pound, commenting that sterling "tops the list" in the G-10 basket of major currency crosses. The analysts are sticking with their bet that sterling will rise against the dollar , with a target of 1.31. "Combined with still-high rates [this] could attract capital flows into GBP after many years of being a structural sell," the UBS analysts added. She added, "The tone of many of the policies announced by the new Labour government in recent days are market friendly ... The appearance of order in the U.K. government coupled with an expectation of a warmer relationship with the EU should provide for some optimism."

Persons: Goldman Sachs, Keir Starmer's, Jane Foley Organizations: Bank of, UBS, Labour Party, FX, Labour Locations: Bank of England

☆ Delta hires powerful lawyer David Boies’ firm to seek compensation from CrowdStrike and Microsoft for its outage
▼ + stars: | 2024-07-30 | by ( Chris Isidore | ) edition.cnn.com time to read: +4 min

And now it wants Microsoft and the cybersecurity firm that caused the problem to compensate it for at least some of its losses. Delta has hired high-profile attorney David Boies’ law firm to seek damages from cyber security firm CrowdStrike and Microsoft for the massive service issues it suffered last week following a badly flawed software update caused problems in a key computer program. The hiring of the firm of Boies Schiller Flexner, first reported by CNBC, was confirmed to CNN by a person familiar with the decision. Delta’s costs could total between $325 million to $475 million, according to a note published Tuesday by Savanthi Syth, airline analyst for Raymond James. Boies and his firm won $290 million in 2023 from JPMorgan Chase for Jeffrey Epstein’s sexual abuse victims.

Persons: Delta, David Boies, Boies Schiller, Savanthi Syth, Raymond James . Delta, ”, CrowdStrike, Patrick T, Fallon, Boies, JPMorgan Chase, Jeffrey Epstein’s, Elizabeth Holmes, Boeis, Harvey Weinstein, Weinstein, Jeffrey Epstein's, Peter Foley, Al Gore, Brown Organizations: New, New York CNN — Delta Air Lines, Microsoft, CNBC, CNN, Delta Air Lines, Los Angeles International Airport, Getty, Endeavor Air, Delta, JPMorgan, Theranos, Bloomberg Locations: New York, AFP, Perry v

☆ How startups can get in top shape for an IPO, according to Silicon Valley lawyer Louis Lehot
▼ + stars: | 2024-07-24 | by ( Alistair Barr | ) www.businessinsider.com time to read: +11 min

Louis Lehot, a Silicon Valley law-firm partner, specializes in taking companies from startup to IPO. The IPO market is expected to pick up later this year, so Business Insider emailed Silicon Valley lawyer Louis Lehot, a partner at Foley & Lardner, for advice on how startups should prepare for life as public companies. Are public market investors generally keen to invest in IPOs, or are they focused elsewhere? Public market investors are selective, focusing on established profitability and sustainable growth over speculative, high-growth stories. What are the key process changes companies need to make ahead of an IPO?

Persons: Louis Lehot, Lehot, —, Lardner, Collison Organizations: Service, Foley, Healthcare, Biotech, Green Energy, Enterprise, Street, Investor

☆ Dollar sees safe-haven gains; sliding yen stays on intervention watch
▼ + stars: | 2024-07-15 | by ( ) www.cnbc.com time to read: +3 min

The risk-sensitive Australian dollar fell 0.18% to $0.6771, while the New Zealand dollar slid 0.35% to $0.6097. Under a Trump presidency, market analysts expect a more hawkish trade policy, less regulation and looser climate change regulations. Against the dollar, the yen was last 0.3% lower at 158.36, having strengthened to a roughly one-month high of 157.30 per dollar on Friday. "The confirmed FX intervention undertaken by the MOF in April and May proved that policymakers are prepared to be canny about choosing the timing of their moves," said Jane Foley, head of FX strategy at Rabobank. "In order to make more 'bang for their buck', FX intervention in quiet conditions or after the release of softer U.S. economic data seems like a sensible move.

Persons: Donald Trump, Jack Ablin, It's, Trump, Rong Ren Goh, Jane Foley Organizations: Trump, Cresset, New Zealand, Eastspring Investments, Cash U.S, Investors, . Bank of Japan, Finance, Analysts, Rabobank Locations: Asia, Japan, U.S, Tokyo

☆ Kevin Bacon on His Best Movie Roles: 'Animal House,' 'Footloose,' 'X-Men'
▼ + stars: | 2024-07-10 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +13 min

On signing photos of his dead characters and spending his 'Animal House' paycheck in a weekBacon got bloody in "MaXXXine." What was worse for you, filming the arrow to the throat, or the paddling scene in "Animal House"? Universal PicturesIs it true that you spent your "Animal House" paycheck in a week? I was back waiting tables probably a month after I got back from doing "Animal House," and then I went back to acting school for a little bit. So I continued to wait tables and started looking for an agent because I didn't have an agent when I did "Animal House."

Persons: Kevin Bacon, Ren McCormack, Bacon, he'd, Eddie Murphy's Axel Foley, John Labat, Mia Goth's, Ti, Coen, Justin Lubin, John Landis, Mark, Metcalf, Bacon's, Patrick Swayze's, Jack Nicholson, Patrick Swayze —, It's, Jack Nicholson's, Jack, Tom, Cruise, —, Tom —, you've, Meryl, Streep, She's, Tim, Robbins, Sean, Penn, Laurence Fishburne, Clint, Eastwood, Matt Dillon, Murray, Matt Dillon's, Matt hadn't, Matt nixing, Matt, You've, Kevin Bacon's, Kyra Sedgwick, Travis Bacon, Gilbert Flores, Sosie Bacon, Kyra Sedgwick's, we've, who's Organizations: Payson High School, Business, CBS, Getty, Actors Guild, Variety Locations: Payson , Utah, Netflix's

☆ Paleolithic tool reveals when clothing as a form of self-expression may have gotten its start
▼ + stars: | 2024-07-08 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +7 min

The circumstances surrounding eyed needles raised a number of questions. How do you alter your appearance for social purposes? “We don’t need to have eyed needles to manufacture clothing,” he said. This evidence would support the theory that eyed needles played a role in decoration, without ruling out their use for tailoring. “Our study shows that eyed needles are a marker for this change in the function of clothing, from thermal to social necessity,” he added.

Persons: ”, Ian Gilligan, Gilligan, ” Gilligan, “, Mariana Ariza, they’re, ” It’s, Liza Foley, Foley, Nowell, ” Nowell Organizations: CNN, University of Sydney, Ghent University, Royal Museums of Art, Lansdowne, University of Victoria Locations: Siberia, Europe, East, Southeast Asia, Africa, Australia, Eurasia, Moscow, Brussels, Belgium, Canada

☆ Insider Today: Scammers on the loose
▼ + stars: | 2024-07-06 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com time to read: +6 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. But first: Scammers are on the loose. AdvertisementThe FBI said last year thousands of people lost $350 million to real-estate scams in 2021, an increase of 64% from 2020. In fact, BI has been reporting on scams and how they can wreck one's financial life and sanity for years. AdvertisementMore of this week's top reads:The Insider Today team: Joi-Marie McKenzie, editor in chief of life, in New York.

Persons: —, Tyler Le, Daniel Pietschnig, Alcynna Lloyd, they'd, Monica Humphries, it's, Max Nieuwdorp, Chelsea Jia Feng, Mark Von Holden, Rebecca Zisser, Kevin Costner's, Kevin Costner, Costner, Stefano Secchi, Axel F, Eddie Murphy, Axel Foley, Sam Taylor, Amy Winehouse, Dyson, Joi, Marie McKenzie, Jordan Parker Erb, Dan DeFrancesco, Lisa Ryan, Amanda Yen Organizations: Service, Rome, Business, FBI, Research, Warner Bros, Variety, Images, Netflix Locations: Italian, New York, New York City

☆ Why the 'Beverly Hills Cop" director chose to film an actual car falling off a building over using CGI: 'The stakes are real, and the danger is real.'
▼ + stars: | 2024-07-04 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. (Though doing this stunt for real was fun, Molloy pointed out Paige was not in the car when that stunt was filmed. That was a real helicopter going through the streets of LA. The sequence concludes with the chopper landing not so gracefully in front of the Beverly Hills Town Hall. "Beverly Hills Cop: Axel F" is now available on Netflix.

Persons: —, Mark Molloy, Axel F, Molloy, Jerry Bruckheimer, Jerry, Andrew Cooper, Eddie Murphy, Bruckheimer, Murphy, Axel Foley's, Jane, Taylour Paige, Zola, Paige, it's, Foley, Detective Abbott, Joseph Gordon, Levitt, Grant, Kevin Bacon, Gordon Organizations: Service, Business, Netflix, Beverly, Safety, Town Locations: Australia, Detroit, Los Angeles, LA

☆ Eddie Murphy improvised one of the funniest lines in 'Beverly Hills Cop: Axel F' in a scene with his real-life daughter
▼ + stars: | 2024-07-03 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +1 min

One of Eddie Murphy's funniest lines in "Beverly Hills Cop: Axel F" was improvised. In the scene, Murphy's daughter Bria plays a police officer who arrests him. Director Mark Molloy told Business Insider that Murphy's improv skills enhanced the movie's humor. AdvertisementNetflix's "Beverly Hills Cop: Axel F" is filled with laughs, but there's one joke in particular that was a family affair. This story is available exclusively to Business Insider subscribers.

Persons: Eddie Murphy's, Axel F, Murphy's, Bria, Mark Molloy, —, Axel Foley, Foley Organizations: Service, Business Locations: Beverly

☆ Peloton staved off the cash crunch that threatened its business. Where does it go now?
▼ + stars: | 2024-07-02 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +8 min

Before the refinancing, Peloton would have needed to pay around $800 million toward its debt by November 2025. Now that it has refinanced, Peloton has eased investor concerns about liquidity and has the breathing room it needs to try to turn around its business. Peloton faces risks aheadWhile the refinance may have bought Peloton some time, it's far from a panacea. Under the terms, Peloton will now be spending about $133 million annually in interest, up from around $89 million previously. As of the end of March, Peloton had about 6.6 million members — woefully behind that long-term target.

Persons: Michael Nagle, JP Morgan, Goldman Sachs, hasn't, Liz Coddington, Coddington, Evan DuFaux, Soros didn't, Neil Saunders, Barry McCarthy's, Karen Boone, Chris Bruzzo, Scott Stuart, Simeon Siegel, Siegel, John Foley, McCarthy, —, McCarthy – Organizations: Interactive, Bloomberg, Getty, CNBC, Soros Fund Management, Silver Point, GlobalData, Netflix, Turnaround Management Association, BMO Capital Markets, Spotify Locations: New York

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