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☆ Disney CEO Bob Iger is moving to cement his legacy by undoing his biggest mistake
▼ + stars: | 2024-11-16 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

Here's what may be behind the move as Bob Iger looks to solidify his legacy. Disney's head-turning decision to share three years' worth of earnings guidance is a fascinating strategic move — and may be part of a bigger play from legacy-minded CEO Bob Iger. The Mouse House pleased analysts this week with its quarterly earnings report, as operating income rose 23% while revenue advanced by 6%. AdvertisementBob-ing and weavingDisney's earnings report and presentation were littered with comparisons to two years ago, which seems deliberate — if subtle. Advertisement"I would guess Bob Iger is feeling the pressure to demonstrate that he has set the company back on the right track," Nollen said.

Persons: Bob Iger, Tim Nollen, Robert Fishman, Iger, Bob, Bob Chapek, —, Chapek, what's, Nollen, it's Organizations: Disney, ESPN, Macquarie, Business, MoffettNathanson

☆ Homebuilders fear Trump's mass deportations would inflate costs and make it even harder to hire
▼ + stars: | 2024-11-14 | by ( Eliza Relman | ) www.businessinsider.com time to read: +6 min

Homebuilders and economists have said a deeper labor shortage could cause housing costs to spike. The issue is the construction labor force, whose 500,000-worker shortage is already making conditions more challenging. Related Video Musk visits border, calls for Trump-style wallForeign-born workers make up about a quarter of the construction workforce. They argue that the surge in home costs is largely a result of the nationwide housing shortage, and immigrants are a key part of building housing. AdvertisementDuring the pandemic, many older, experienced workers retired, and the pipeline of younger US-born workers isn't sufficient, homebuilders say.

Persons: Homebuilding execs, Donald Trump's, —, Eric Finnigan, John Burns, Ben Metcalf, Jim Tobin, JD Vance, Trump, Vance, Barack Obama, Obama, Joe Biden, Tom Homan, Chad Blocker, Homebuilders, Dennis Webb Organizations: Service, Trump, University of California, National Association of Home Builders, Immigration, Biden Locations: Berkeley, Los Angeles, Phoenix

☆ What local reporters around the country are hearing from voters in the run-up to Election Day
▼ + stars: | 2024-11-05 | by ( Brian Stelter | ) edition.cnn.com time to read: +7 min

Those relationships may prove especially valuable in the coming days as the 2024 election comes to a close. In swing states like North Carolina and Michigan, local journalists have doubled as campaign experts, covering presidential candidate rallies and interviewing voters by the dozen. CNN asked seven swing state editors and reporters about what they’ve been experiencing in the run-up to Election Day. In Georgia, the Atlanta Journal-Constitution has invested heavily in statewide polling and stationed reporters across the city and state. “Months of reporting and listening have told us this: Georgia voters are largely dissatisfied with our country’s direction,” editor-in-chief Leroy Chapman Jr. said.

Persons: they’ve, Nicole Avery Nichols, ”, Joe Biden, Donald Trump, Kamala Harris, Rana Cash, Harris, “, Obama, –, Jimmy Carter, Trump, Cash, David McCumber, Leroy Chapman Jr, Jessica Hill, we’ve, ” Hill, there’s, Mark Treinen, Treinen, “ I’ve, I’ve, “ I’m, ” Treinen, ” Nichols, Jim Malewitz, Malewitz, Jay Rosen, Chapman Jr, MAGA Organizations: New, New York CNN, CNN, Detroit Free Press, Democratic, Charlotte Observer, Republicans, Arizona Daily Star, Atlanta Journal, ”, Las Vegas, The Capital Times, Wisconsin Watch, New York University Locations: New York, North Carolina, Michigan, Tucson , Arizona, Georgia, ” In Nevada, ” In Wisconsin, Madison, Wisconsin

☆ Dodgers vs. Yankees 2024 World Series preview: Predictions, pitching matchups and more
▼ + stars: | 2024-10-21 | by ( Fabian Ardaya | Chris Kirschner | ) www.nytimes.com time to read: +11 min

Our writers preview a World Series matchup between two of baseball’s most storied franchises, with no shortage of star power and storylines. He hit the go-ahead home run in the 10th inning of Game 5 of the ALCS to send the Yankees to the World Series. — KirschnerCheck back later for World Series predictions from The Athletic’s MLB staff. Now he’ll play in his first World Series against a franchise he grew up rooting for while living in Los Angeles as a child. AdvertisementBigger picture for Stanton: A possible World Series title (and perhaps an MVP award) would add to his growing Hall of Fame case.

Persons: Fabian Ardaya, Chris Kirschner, Eno, It’s, ‘ Nuff, weren’t, Gerrit Cole, Carlos Rodón, Andy Pettitte, Clarke Schmidt, Luis Gil, Tommy Kahnle’s, Clay Holmes, Luke Weaver, Jake Cousins, Daniel Hudson, Anthony Banda, Michael Kopech, Evan Phillips, Blake Treinen, Alex Vesia, Yoshinobu Yamamoto, Walker Buehler, Mookie Betts, Max Muncy, Will Smith, Tommy Edman, Tyler Glasnow, Gavin Stone, Clayton Kershaw, Dustin May, they’ve, Freddie Freeman, —, Kahnle, Weaver, Tim Hill, ’, Nestor Cortes, Juan Soto, Soto, Aaron Judge hasn’t, Gleyber Torres, Giancarlo Stanton, Shohei, Ohtani, couldn’t, DH Stanton, He’s, Stanton, Giancarlo Stanton isn't, Aaron Judge, Gerrit Cole RHP, Luke Weaver RHP, Fielding Austin Wells, Jack Flaherty RHP, Fielding Tommy Edman, Dave Roberts, Shohei Ohtani, John Sterling, Yankees Giancarlo Stanton isn’t, Aaron, Luis Gil GO, Maddie Meyer, Daniel Shirey Organizations: It’s Yankees, Dodgers, Yankees, Fox, Yankees ’, Dodger, Mets, MLB, . Dodgers, savor Dodgers, Rosenthal, Guardians, of Fame, Aaron, Fielding, NL Locations: pinstripes, Ohtani, barreling, Los Angeles, Cooperstown, —

☆ FEMA was strapped for cash even before America's hurricane double whammy
▼ + stars: | 2024-10-10 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +8 min

FEMA for two months had to pause $9 billion meant for communities still recovering from past disasters. In this case, for nearly two months, FEMA hoarded $9 billion to make up for delayed funding from Congress. But Biden-administration officials warn of another shortfall as soon as January, especially after Hurricane Milton slammed into the Tampa area late Wednesday. "So if FEMA delays reimbursements, local governments have to bear those costs, and they may put off recovery efforts. FEMA officials have repeatedly said they have enough resources to respond to Hurricane Helene and now Hurricane Milton but declined to specify how much disaster aid remained available.

Persons: Milton, Helene, Hurricane Milton, Biden, Craig Fugate, Obama, Carlos Martín, Martín, Yucel Ors, Joe Biden, Mike Johnson, Hurricane Helene, Johnson, Ors Organizations: Hurricanes, FEMA, Service, Federal Emergency Management Agency, Hurricane, FEMA doesn't, Harvard University, National League of Cities, White, Republican, Fox Locations: Florida, Hurricane, Vermont, California, Pacific, Tampa, Washington, Louisiana, Milton, North Carolina , Georgia, South Carolina , Florida , Tennessee, Virginia, Asheville , North Carolina, Asheville

☆ The Viral Dances Changing the Way Women Move
▼ + stars: | 2024-10-09 | by ( Coralie Kraft | Photographs Malike Sidibe | ) www.nytimes.com time to read: +10 min

Parris Goebel Is Changing the Way Women Move Her surreal, muscular dances for Rihanna, SZA and other pop stars have made her one of the world’s most in-demand choreographers. As the music gathered momentum, the camera raced through the crowd of scowling dancers until, finally, Rihanna appeared. The choreographer behind this viral performance, 32-year-old Parris Goebel, has established herself as one of the music industry’s most innovative and in-demand artists. There’s something cathartic about watching a group of (mostly) women snarling in lock step, an image of power and indomitability. Rihanna’s representative confirmed that Rihanna and Goebel were shooting something at the palace, though the project is still under wraps.

Persons: Parris Goebel, Rihanna, SZA, “, ”, Cat, Justin Bieber, Ariana Grande, Goebel, Fatima Robinson, Missy Elliott, Britney, Christina Aguilera’s, Christina Aguilera, Britney Spears, Tate McRae, It’s, Tate, McRae, Gene Kelly, growled, choreographing, Jennifer Lopez’s, ” Goebel, Bob Fosse, Justin Bieber’s, —, ” SZA, ” — Parris Goebel, influencer, natalieg, I’m Organizations: Nike, Paris, Nike Paris, YouTube, Urban Dance, Rihanna’s, Samoan rugby, Coachella, intuit, of Mirrors Locations: Auckland, Versailles

Though Austria is a member of the European Union, its far-right party leading the polls has strong links with Russian President Vladimir Putin — the bloc’s arch nemesis. The chairman and top candidate of the Freedom Party of Austria Herbert Kickl waves to supporters after kicking off his party's electoral campaign on September 7, 2024 in Graz, Austria. Kickl’s vision is to build “Fortress Austria” and “Fortress Europe,” as he put it during a debate on Austrian public television Thursday night. In 2016, party leader Heinz-Christian Strache signed a formal “cooperation pact” with Putin’s United Russia party. The FPÖ’s return is far from certain, currently polling at 27%, narrowly ahead of the ruling Austrian People’s Party on 25% and the Social Democratic Party of Austria on 21%, according to European polling aggregator PolitPro.

Persons: that’s, Adolf Hitler —, it’s, Vladimir Putin —, Peter Filzmaier, Kerms, Herbert Kickl, ”, Hitler, Kickl, Freedom Party of Austria Herbert Kickl, Alex Halada, Nazi ”, “, Karl Nehammer, Andreas Babler, Joe Klamar, Gabriela Bacher, Donald Trump, Heinz, Christian Strache, Karin Kneissl, Putin, Strache, Victor Orban, Bacher Organizations: Freedom Party, NATO, Ukraine, Moscow, European Union, Gratz, Freedom Party of Austria, Getty, Immigrants, “, Austrian, Nazi, Austrian People’s Party, Social Democratic Party, NBC, Trump, NBC News, Putin’s United, Social Democratic Party of Austria Locations: Austria, Russia, Europe, Graz, AFP, East, North Africa, Jerusalem, Austrian, Vienna, American, Austrian Republic, Ukraine, Putin’s United Russia, Russian, Moscow, Slovakia, Hungary, Republic

☆ Election experts raise alarms about vote counting delays in battleground states
▼ + stars: | 2024-09-22 | by ( Fredreka Schouten | Sara Murray | ) edition.cnn.com time to read: +14 min

Election observers worry that delays in counting mail ballots could give the public a false sense of who’s winning the election. In Wisconsin and Pennsylvania, election officials are still barred from beginning to process mail ballots before 7 a.m. on Election Day – even though election workers in both states have clamored for change. Georgia's State Election Board members discuss proposals for election rule changes at the State Capitol in Atlanta on September 20, 2024. The new law could delay by an hour or more – depending on the county – the posting of unofficial early results, state election officials have said. In Maricopa County, the general election ballot covers both sides of two pages – twice the length of the ballot voters encountered four years ago.

Persons: CNN —, Seth Bluestein, Ann Jacobs, “, Al Schmidt, Donald Trump, Chris McGrath, Joe Biden, Donald Trump baselessly, Rudy Giuliani, Biden, Trump, ” Jacobs, parroting, Daniel Acker, ” Schmidt, ”, Jacobs, David Becker, Sen, Jeremy Moss, Moss, Mike Stewart, Harris, “ It’s, Karen Brinson Bell, I’ll, won’t, Robyn Beck, Stephen Richer, ” Richer, Katie Hobbs, Jennifer Liewer, Liewer, “ We’ve, ” CNN’s Ethan Cohen, Marshall Cohen, Jason Morris Organizations: CNN, Republican, Democratic, Keystone State, ” Police, Philadelphia Convention Center, White, Democratic Milwaukee, Biden, Wisconsin State Assembly, Trump, Reuters, ”, Workers, US, Department, Election Innovation, Research, National Conference of State Legislatures, Democratic Detroit, Capitol, Michigan Senate, State Capitol, North Carolina State Board, Getty, Republicans, Gov, Democrat Locations: Pennsylvania, Philadelphia, “, Wisconsin, Georgia, Keystone, Democratic, Kenosha , Wisconsin, Michigan, Detroit, Atlanta, North Carolina, Phoenix, AFP, Arizona, Maricopa County, Maricopa

☆ From the far right to fiscal challenges, France could lurch from one crisis to another
▼ + stars: | 2024-09-11 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +6 min

France's challenges are far from over, however, with the country facing acute fiscal challenges and an ongoing threat posed by the far-right National Rally opposition, led by Jordan Bardella and Marine Le Pen. France this week asked the Commission to extend its deadline of Sept. 20 to submit debt reduction proposals. Analysts say Barnier's political survival therefore "depends on the whims and personal-political calculations of Le Pen." "The great unknown ... is how far Le Pen will be willing to address the most immediate crisis facing Barnier and the country: the painful choices needed to prevent France from plunging into a destructive fiscal crisis by the end of this year," he said. Marine Le Pen and Jordan Bardella at the final rally before the June 9 European Parliament election, held at Le Dôme de Paris - Palais des Sports, on June 2, 2024.

Persons: La France Insoumise, Remon Haazen, Emmanuel Macron's, Michel Barnier, Jordan Bardella, Pen, Barnier's, Gabriel Attal, Sarah Meyssonnier, Reuters Barnier's, Macron —, Le, Mujtaba Rahman, France's, Eurasia Group's Rahman, Le Pen's Organizations: Republique, La, Getty, Getty Images, Veteran, National Assembly, European, France's, Reuters, New, National, Eurasia Group, Le, Palais des Sports, Nurphoto Locations: La France, Paris, France, Europe, Eurasia

WASHINGTON — Thousands of overseas American diplomats are at risk of a sharp pay cut at the beginning of October unless Congress passes a legislative fix in the coming weeks. And a 22% reduction in their pay would be a needless and demoralizing harm. “The Department of State continues to work with Congress on the urgent need for an extension,” a State Department spokesperson said in a statement. The pay snafu, first reported by Politico, is the unintended consequence of a funding structure that requires action from Congress. With the fate of their wages tied to the funding fight, American diplomats could be left in the lurch.

Persons: Sen, Chris Coons, it’s, ” Coons, Ben Cardin, he’s, “ We’re, ” Cardin, there’s, ” AFSA, Hakeem Jeffries, Mike Johnson, Donald Trump, “, ”, Tom Yazdgerdi Organizations: WASHINGTON, Capitol, Foreign Relations, NBC News, Overseas, Washington , D.C, State Department, American Foreign Service Association, Congress, Senate Foreign, National Defense, U.S . Agency for International Development, Democratic, Republican, Senate, Department of State, Politico Locations: Washington ,, D, American, United States

☆ Weak manufacturing measures raise specter of U.S. economic slowdown
▼ + stars: | 2024-09-03 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

U.S. factories remained in slowdown mode in August, fueling fears about where the economy is headed, according to separate manufacturing gauges. Demand continues to be weak, output declined, and inputs stayed accommodative," said Timothy Fiore, chair of the ISM Manufacturing Business Survey Committee. While the index level suggests contraction in the manufacturing sector, Fiore pointed out that any reading above 42.5% generally points to expansion across the broader economy. Another weak economic reading raises the probability the Federal Reserve will be cutting interest rates by at least a quarter percentage point later this month. "A further downward lurch in the PMI points to the manufacturing sector acting as an increased drag on the economy midway through the third quarter.

Persons: Dow Jones, Timothy Fiore, Fiore, Stocks, Chris Williamson Organizations: Institute for Supply Management, Dow, ISM Manufacturing Business Survey, Dow Jones, Federal Reserve, PMI, P Global Market Intelligence Locations: U.S

☆ Why Japan issued its first-ever 'megaquake advisory' — and what that means
▼ + stars: | 2024-08-10 | by ( Evan Bush | Evan Bush Is A Science Reporter For Nbc News. | ) www.nbcnews.com time to read: +4 min

The Summary Japan’s meteorological agency on Thursday issued its first-ever “megaquake advisory.”The warning followed a 7.1-magnitude earthquake off the country’s southern coast. Subduction zone faults build stress, and a so-called megathrust earthquake takes place when a locked fault slips and releases that stress. In the U.S., the Cascadia subduction zone off the West Coast runs from Vancouver Island, Canada, to Cape Mendocino, California. A beach is closed in Nichinan in southwestern Japan on Friday, after the country's issued its first warning about a possible megaquake. Large Nankai Trough earthquakes tend to come in pairs, with the second often rupturing in the subsequent two years.

Persons: AP Harold Tobin, “, ” Tobin Organizations: Philippine, West Coast, Kyodo, Reuters, Japan’s Earthquake Research, United States Geological Survey, AP, University of Washington Locations: Nankai, Japan, U.S, Cascadia, Vancouver Island, Canada, Cape Mendocino , California, Nichinan, Miyazaki

☆ What to do if you catch your employee on a quiet vacation, according to an HR exec
▼ + stars: | 2024-08-05 | by ( Ashley Couto | ) www.businessinsider.com time to read: +6 min

Read previewQuiet vacationing — employees secretly taking time off or using tools to circumvent monitoring software — is rising. This story is available exclusively to Business Insider subscribers. AdvertisementBusiness Insider has previously reported on employees using mouse jigglers and other methods to take secret vacations or work multiple jobs at once. Related stories"What does it say if an employee feels they can't take an extra day vacation or have to sneak out to go on vacation? Employees should have clear goals and objectives, and companies should measure employee performance based on those metrics, according to Church.

Persons: —, Nolan Church, JP Morgan, aren't, Church, wasn't Organizations: Service, Business, Amazon, Church, Microsoft, Church . Church Locations: Church

☆ China’s summer of devastating floods shows steep challenge as it grapples with extreme weather
▼ + stars: | 2024-07-22 | by ( Simone Mccarthy | Joyce Jiang | ) edition.cnn.com time to read: +9 min

Villagers clean rubbish after torrential rains caused flooding in Meizhou, Guangdong province of China on June 19. John Ricky/Anadolu/Getty ImagesA man drives through a muddy street in the aftermath of flooding from heavy storms in Meizhou, Guangdong province last month. “All my hard work for a year has come to nothing.”A road is flooded following heavy rainfall in Jiangxi province on July 4. China’s government has mounted a top-down effort to revamp how the country responds to extreme weather in recent years after 2021 floods in Henan’s Zhengzhou killed more than 300 people. But there have been past issues of misappropriation of state recovery funds, for example following the deadly 2021 floods in Zhengzhou.

Persons: John Ricky, –, Xi Jinping, it’s, “, Tingshu Wang, ”, Hongzhang Xu, Typhoon Doksuri, Li Zhao Organizations: Hong Kong CNN, Getty, Communist Party, AFP, China’s Ministry of Emergency Management, Agricultural Television, Retailers, Workers, CNN Weather, ” Observers, Australian National University, Reuters, Greenpeace East, “ Locations: China, Hong Kong, sweltering Henan, Nanyang, speedboats, Meizhou, Guangdong province, Guangdong, AFP, Guangzhou province, Henan, Hunan, Lake, Henan’s Nanyang, Jiangxi province, Shaanxi, Sichuan, Hunan province's Changsha, Chongqing, Hainan, Zhengzhou, breadbasket, Jiangxi, Munich, Greenpeace East Asia, Beijing, –

☆ Kylian Mbappé calls first round of French elections ‘catastrophic’ after country’s lurch to the far-right
▼ + stars: | 2024-07-04 | by ( Julen Chavin | ) edition.cnn.com time to read: +3 min

CNN —Soccer star Kylian Mbappé has called the first round of French elections “catastrophic” after last Sunday’s results saw the country lurch towards the far-right with anti-immigration party National Rally (RN) leading first place. The captain for France’s national soccer team, who is preparing for Les Bleus’ Euro 2024 quarterfinal against Portugal in Hamburg on Friday, urged the French public to vote saying “now more than ever” it was needed. If the RN assumes power, it would become the first far-right party to enter the French government since World War II – although nothing is certain ahead of Sunday’s second round. This isn’t the first time that Mbappé has spoken about French politics while he’s been with the French national soccer team at Euro 2024. “And that is why I want to talk to the whole of the French people, but also the youth.

Persons: Kylian Mbappé, Les, “, ” Mbappe, Emmanuel Macron’s, Mbappé, ”, he’s, ” Mbappé, Mbappé’s Les, Jules Kounde –, ” Kounde, CNN’s Niamh Kennedy, Saskya Vandoorne Organizations: CNN — Soccer, National, soccer team, Les Bleus, Portugal, Front, NFP, French national soccer, Reuters Locations: Hamburg, Germany, France, Sunday’s, Algeria, Cameroon, Belgium

Domestically, slot machines are prohibited on military bases, though casinos are frequently located nearby. The VA began treating gambling disorders in the late 1960s, about nine years after Congress banned slot machines from domestic bases. The Department of Defense declined CNBC's request for an interview, but said in a statement there hasn't been any systemwide increases in resources to address problem gambling. "DoD researchers are aware of changes in gambling availability due to new mobile and sports gambling options and will consider these variables in future military gambling research," a department spokesperson said in an email. The military is conducting a new survey, with results expected in the fall, the spokesperson addedThe Department of Defense operates slot machines on military bases abroad.

Persons: Dave Yeager, Yeager, servicemembers, Heather Chapman, It's, Dominick DePhilippis, Chapman, hasn't Organizations: Istock, Army, Defense Department, CNBC, Department of Defense, Office, Lewis, McChord, Department of Veterans Affairs, DoD Locations: South Korea, Washington, U.S

☆ Croatian millennials can't afford to buy homes. The solution — build on top of their parents' place.
▼ + stars: | 2024-06-02 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +6 min

Joshua Zitser/Business InsiderWhen Dascalescu, originally from Romania, moved to Mokošica in 2017 with his Croatian wife, Diana, buying a home in Dubrovnik wasn't financially viable. Now, Dascalescu and Marlais live on their own floor, beneath her brother and his children, who live beneath their parents. Joshua Zitser/Business InsiderThe popularity of this set-up comes down to price, according to a Croatian real-estate expert. AdvertisementPerhaps as a result, many Croatian millennials are stuck living at home well into their mid-30s — the highest average age in Europe. Given the lucrative potential of short-term rentals, Croatian homeowners might also be building rooftop apartments for tourists, to generate extra income, he added.

Persons: —, Bogdan Dascalescu, Dascalescu, Joshua Zitser, Diana Marlais, Diana, Marlais, Bogdan Dascalescu's, Filip Brkan, Brkan, Ivan Vukovic, Nenad Lipovac, Lipovac, there's Organizations: Service, Business, Real Estate Business Association of, Croatian Chamber, Eurostat, UNESCO, University of Zagreb, BI Locations: Dubrovnik, Old Town, Mokošica, Independence, Romania, Croatian, Dubrovnik wasn't, Marlais, Croatia, Europe

☆ 'Hacks' Stars on Playing Deborah Vance's Most Devoted Associates
▼ + stars: | 2024-06-01 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +11 min

Stand-up comedian Deborah Vance (Jean Smart) has finally hit it big in the wake of her comedy special. That means ending their long-standing professional relationship and coming to terms with the way Deborah has treated him as a business partner and one of her most ardent fans. Toward the end of the season, when he decides to step away from Deborah, what's going through his head? It feels really, really safe. I've said this before, but if you're not a queer person on "Hacks," you're an ally in every sense of the word.

Persons: Deborah Vance, Jean Smart, Ava, Hannah Einbinder, Deborah, Marcus, Carl Clemons, Hopkins, Damien, Mark Indelicato, Deborah's, Clemons, —, Indelicato, Hilary Bronwyn Gayle, Max Marcus, Tony, Tony Hale, Gary, Damien's, there's, Jake Giles Netter, Carl, Deborah —, he's, what's, Deborah Vance Inc, Vance, Max I'm, We're, it's, Lucia, Jen, Paul, we're, Max, That's, Hunter Green, that's, It's, Betty, I've Organizations: Service, Business, BI, Hopkins Locations: Deborah's, Deborah

☆ They went on a honeymoon to Europe. Then 60 seconds of hell in the air turned it into an experience they'll never forget.
▼ + stars: | 2024-05-31 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +5 min

Read previewWhen they felt their plane lurch and plummet, Ade Tan and Amos Chan, both 28, barely had time to react. We were planning to continue our honeymoon after that, so we were coming back just for a day," Tan said. SQ321 made an emergency landing in Bangkok after it was hit by severe turbulence. Being trained medical doctors, Tan and Chan went around the cabin to tend to injured passengers. I went more toward the front of the plane while Amos went to the back," Tan said.

Persons: —, Ade Tan, Amos Chan, Amos, Tan, Chan, SQ321, Lillian Suwanrumpha, Ade Tan Rushing, Geoffrey Kitchen, Kitchen, weren't Organizations: Service, Business, Singapore Airlines, SIA, Changi Airport, Singapore Airlines Boeing, Getty, Safety Investigation, Boeing, Facebook, Transport Safety Investigation Locations: Italy, Iceland, London, Singapore, Bangkok, AFP, Myanmar

☆ Elon Musk has been getting Trumpier. A direct line to Trump may be next
▼ + stars: | 2024-05-30 | by ( Clare Duffy | Brian Fung | ) edition.cnn.com time to read: +9 min

CNN —Elon Musk has sought to accumulate political capital commensurate with his extravagant wealth. Musk has discussed advising Trump should he win the 2024 election, the Journal reported, citing unnamed sources. Musk called Trump directly via cellphone to explore a role that could potentially give Musk significant influence over US policies. Reporting that Musk and Trump’s relationship has improved comes after Musk’s politics have become more aligned with Trump’s. For Musk to have a direct, private line to a future President Trump “would seem to be a blatant conflict of interest,” said Darrell West, a senior fellow in the governance studies program at the Brookings Institution.

Persons: CNN — Elon Musk, Musk, Donald Trump, Trump, Brian Hughes, –, Andrew Harnik, ”, Darrell West, ” West, Herika Martinez, —, Donald Trump’s, Biden, Ron DeSantis, Robert Kennedy , Jr, Paul Pelosi, Hillary Clinton, White supremacists, Imran Ahmed, X, CCDH, Donie O’Sullivan Organizations: CNN, Republican, Wall Street, Trump, SpaceX, Tesla, Brookings Institution, Securities and Exchange Commission, Federal Trade Commission, Traffic Safety Administration, Justice Department, Migrants, US Border Patrol, AFP, Getty, Twitter, US, Republican Florida, Politico Locations: Paris, El Paso , Texas, Ciudad Juarez, Chihuahua State, Mexico

☆ Opinion: Robert De Niro should have turned down role with Biden campaign
▼ + stars: | 2024-05-29 | by ( David Axelrod | ) edition.cnn.com time to read: +5 min

Biden did not want to feed Trump’s feverish charge that he was the cause of the former president’s myriad legal problems. But Biden and his campaign has mostly gone for the capillary, not the jugular. (It’s also a little bewildering why Team Biden, struggling with younger voters, cast De Niro as its point man here. Navigating Trump’s legal thicket has been a challenge for Biden from the start. Predictably, the Trump campaign jumped all over Tuesday’s events, accusing the Biden campaign of desperation and jury tampering.

Persons: David Axelrod, ”, Barack Obama, Obama, Robert De Niro, Joe Biden, Donald, Biden, Trump, “ I’ve, Niro, De, De Niro, he’s, it’s, Fingers, De Niro’s, It’s, Gen, Donald Trump Jr, Jr Organizations: CNN, White, Union, Trump, Twitter, Facebook, Biden Locations: Manhattan, De Niro

☆ A Lender to Consumer Start-Ups Falters, Rattling Its Clients
▼ + stars: | 2024-05-24 | by ( Jordyn Holman | ) www.nytimes.com time to read: +1 min

A popular lender backed by venture capital firms is struggling financially, sending shock waves through the small clothing and home furnishing companies that count on its financing. The lender, Ampla, spent years courting small direct-to-consumer brands with low rates and a pitch that it understood their needs. In recent weeks, its top executives have been searching for a buyer, two people familiar with the firm’s finances said. Ampla has also tightened or frozen clients’ lines of credit and told many customers to find other lenders, leaving them in the lurch, according to half a dozen former and current clients. Its troubles appear to be part of a broader reckoning for direct-to-consumer businesses, some of which are no longer growing as rapidly as they once were or are struggling financially.

Persons: Ampla Organizations: Investors Locations: New York

☆ True believers in Spotify's Car Thing are furious it's getting bricked
▼ + stars: | 2024-05-24 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +1 min

Spotify is bricking Car Thing, its first hardware launch. That's because as of December 9, the streaming platform's Car Thing is being discontinued and getting bricked. Car Thing is a small touchscreen device targeting owners of older cars without infotainment systems. It connects to smartphones and car speakers, enabling drivers to control Spotify with voice recognition and buttons. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Spotify, Service, Business

☆ How Trump’s Hush-Money Case Failed to Capture America’s Imagination - The New York Times
▼ + stars: | 2024-05-20 | by ( Michelle Goldberg | ) www.nytimes.com time to read: +2 min

If I’d pictured Donald Trump’s first criminal trial a few years ago, I’d have imagined the biggest, splashiest story in the world. In a recent Yahoo News/YouGov poll, only 16 percent of respondents said they were following the trial very closely, with an additional 32 percent following it “somewhat” closely. When people were asked how the trial made them feel, the most common response was “bored.” TV ratings tell a similar story. “Network coverage of Donald Trump’s hush money trial has failed to produce blockbuster viewership,” Deadline reported at the end of April. I’m aware of no similar effort to dramatize this trial’s testimony, and I almost never hear ordinary people talking about it.

Persons: Donald Trump’s, ”, Yahoo News’s Andrew Romano, who’d, Robert Mueller’s, Robert DeNiro, Rosie Perez, Laurence Fishburne, you’re, you’ve, Trump, — Organizations: Republican, Yahoo, Cable, MSNBC

☆ The Trump hush money trial might be tawdry but it’s likely the only one he’ll face before the election
▼ + stars: | 2024-05-07 | by ( Stephen Collinson | ) edition.cnn.com time to read: +9 min

He learned late Tuesday afternoon that Judge Aileen Cannon, whom he appointed, indefinitely postponed a trial in his classified documents case in Florida. She told the jury Tuesday about a $130,000 hush money payment she received from Cohen before the 2016 election. But prosecutors allege Trump falsified business records to hide it and to mislead voters in an early bout of election interference. The judge complained that the ex-president was “cursing audibly” during Daniels’ testimony and was shaking his head. “Am I correct that you hate President Trump?” Necheles asked.

Persons: CNN —, Stormy Daniels, Donald, —, he’s, Trump, scowling, Daniels, Aileen Cannon, Ty Cobb, Cannon, ” Cobb, CNN’s Erin Burnett, Cannon’s, Trump’s, it’s, Michael Cohen, Cohen, He’s, “, Donald Trump, Norm Eisen, CNN’s Wolf, Judge Juan Merchan, audibly ”, ”, Todd Blanche, Jeremy Herb, Merchan, Susan Necheles, Necheles, ” Necheles, ” Daniels, ‘, Let’s, ’, Daniels —, Eric Trump, ” Trump Organizations: CNN, White, Trump, White House, ” Locations: Florida, Lake Tahoe

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