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☆ Weak shipbuilding could be the US Navy's Achilles' heel in a war with China
▼ + stars: | 2024-11-17 | by ( Chris Panella | ) www.businessinsider.com time to read: +14 min

The US Navy faces critical shipbuilding problems that could hobble it in a war with China. China's commercial and military shipbuilding capacity overshadows the rest of the world. China has pursued shipbuilding dominance over the past few years, building a massive naval fleet. Long-term investments and solutions are needed to fix the US Navy's shipbuilding problems. US Navy photo by Mass Communication Specialist Seaman Erwinjacob Miciano/ReleasedThe US Navy's shipbuilding woes aren't new, and there simply isn't a quick fix.

Persons: Shelby Oakley, Oakley, Paula Zorensky, Gerald R, Petty, Alex Smedegard, Bryan Clark, who's, Mackenzie Eaglen, Seaman Wesley J, Bryan McGrath, Matthew Funaiole, McGrath, Seaman Erwinjacob Miciano, Lisa Franchetti, Franchetti, John Harris, Campbell Organizations: US Navy, US, Getty Images China, Newport News Daily Press, TNS, Navy, Huntington Ingalls Industries, General Dynamics, Marinette Marine Corporation, of, Pentagon, USS Enterprise, Getty Images Navy, Shipbuilders, GAO, Shelby, Norfolk Naval Shipyard Shipbuilders, Shipbuilders Council of America, Ford, Columbia, Hudson Institute, American Enterprise Institute, Communication, Jiangnan Shipyard, Shipyards, China State Shipbuilding Corporation, China Power, Center for Strategic, International Studies, People's Liberation Army, of Naval Intelligence, Technological, Department of Defense, Pacific . US Locations: China, US Navy, Virginia, Columbia, Shelby West, Jiangnan, Dalian, Huangpu Wenchong, Hong Kong, Hudong, Shanghai, Beijing, Taiwan, Pacific, Japan, South Korea

☆ Trump's plan for Social Security will help baby boomers in the short term and cut benefits for anyone younger
▼ + stars: | 2024-11-10 | by ( Allie Kelly | ) www.businessinsider.com time to read: +6 min

The president-elect promised on the campaign trail to cut taxes on Social Security benefits in his second term. For some baby boomers, lower Social Security taxes could mean larger monthly checks in the short-term. But experts predict that the Social Security tax cuts, along with other campaign promises made by Trump, could quickly drain the national Social Security fund. More than 72 million Americans receive Social Security and the estimated average monthly check is $1,907 a month, per the Social Security Administration. Social Security tax cuts would hurt low-income retirees, younger generationsUS Social Security will be depleted in the next decade without Congressional action.

Persons: Trump, —, Donald Trump, Taylor Lee, Lee Organizations: Social Security, Service, Social, White, Fox, Belmont Capital Advisors, Trump's Social, Social Security Administration, Security, Federal Budget, Congressional, Congress, Republican, Trump Locations: Belmont

☆ Officers who hit fans at Florida-Georgia game were 'within policy,' sheriff says
▼ + stars: | 2024-11-05 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dennis-Romero-Circle-Byline-Template.Jpg | Dennis Romero | ) www.nbcnews.com time to read: +7 min

Body camera video of altercations between officers and fans at the weekend's University of Florida vs. University of Georgia football game proves the officers did no wrong, Jacksonville Sheriff T.K. A sheriff's incident report identified them as father-and-son duo Michael Wayne Long, 58, and Alexander Michael Long, 27, both of Orange Park, Florida. The officers wrestled with Brown before they got him into custody, body camera video shows. Waters said six officers assigned to the game were injured, eight people were arrested, and 35 fans were ejected. In sheriff's body camera video of the first incident, the suspect used the same word, Vorpahl said at the news conference.

Persons: Waters, Tate Moore, John Phillips, Phillips, sheriff's, Michael Wayne Long, Alexander Michael Long, Brandon Michael Boley, Walter Brown, Brown, . Bowers, E.D, Kelly, Cmdr, Jacob Vorpahl, Vorpahl, lacerations, J.S . Beasley, J, Anthony ., They’re, Donna Deegan, “ I’m, ” Organizations: weekend's University of Florida, . University of Georgia, Jacksonville Sheriff T.K, Barstool, Authorities, Police, Jacksonville, Florida Gators, Georgia Bulldogs Locations: Jacksonville, Orange Park , Florida, Fleming Island , Florida, Callahan , Florida

☆ THEN AND NOW: How the Trump family changed between the 2020 and 2024 elections
▼ + stars: | 2024-11-05 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +3 min

Trump, who is running against Kamala Harris in 2024, has since become a convicted felon, survived an assassination attempt, and chosen a new running mate. Win McNamee/Getty ImagesTrump announced his 2024 presidential campaign in 2022 and formally accepted the nomination at the 2024 Republican National Convention in July. Pence did not endorse Trump in 2024. In 2023, Justice Department prosecutors charged Trump with 37 criminal counts, alleging he withheld classified records from the government after leaving office and attempted to obstruct their return. It went to trial in April, and Trump was found guilty on all counts in the first-ever criminal trial of a former American president.

Persons: Trump, Kamala Harris, Donald Trump, JD Vance, Win McNamee, Getty Images Trump, Pence, Ohio Sen, Jack Smith, Smith Organizations: Republican National Convention, Getty Images, Republican, Convention, Ohio, FBI, Trump's, White, Presidential, Justice Department, Trump, New, White House, Capitol Locations: Florida, New York, American, United States, Texas, Butler , Pennsylvania

☆ New York woman charged with pepper-spraying Muslim Uber driver as he prayed
▼ + stars: | 2024-10-31 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +2 min

A New York woman has been charged with assault as a hate crime after she allegedly pepper-sprayed her Muslim Uber driver as he praying at a red light, prosecutors said Thursday. Jennifer Guilbeault, 23, allegedly launched the “anti-Muslim” attack on July 31, the Manhattan District Attorney’s Office said in a news release Monday. A few minutes later the driver called 911 and Guilbeault was arrested at the scene. Guilbeault has been charged in a New York State Supreme Court indictment with second-degree assault as a hate crime, third-degree assault as a hate crime, and second-degree aggravated harassment. “As alleged, Jennifer Guilbeault senselessly assaulted a Muslim Uber driver while he was just doing his job,” District Attorney Alvin L. Bragg said in a statement.

Persons: Uber, Jennifer Guilbeault, Guilbeault, She’s, “, Jennifer Guilbeault senselessly, Alvin L, Bragg, ”, there’s Organizations: Manhattan, Attorney’s, Lexington, New York, NBC, Yorker, U.S, The, Islamic Relations Locations: York, Side, New, Muslim, Israel

Robert Roberson, 57, was set to become the first person in the U.S. executed in a "shaken baby" case until members of the state House Criminal Jurisprudence Committee issued a subpoena to have him testify at a legislative hearing this week. Despite efforts by the attorney general's office to appeal, as the execution was scheduled to get underway on the evening of Oct. 17, the Texas Supreme Court, in an 11th-hour decision, sided with the lawmakers, handing Roberson a temporary reprieve. Texas Attorney General Ken Paxton during the annual Conservative Political Action Conference meeting in National Harbor, Md., on Feb. 23. The attorney general's office also described alleged sexual abuse. The attorney general's office said Wednesday that state lawmakers have "attempted to mislead the public by falsely claiming that Roberson was unfairly convicted through 'junk science' concerning 'shaken baby syndrome.'"

Persons: Ken Paxton, Robert Roberson, Roberson, Paxton, Nikki, Mandel Ngan, Paxton's, Doug Deason, Greg Abbott, Joe Moody, untruths, general's, Robert, Brian Wharton, Wharton, Gretchen Sween Organizations: Texas Supreme, Conservative Political, Getty, Texas GOP, Gov Locations: Texas, U.S, National Harbor, Md, AFP

☆ Man's death initially reported as bear attack investigated as 'vicious' homicide
▼ + stars: | 2024-10-18 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +3 min

A gruesome death that was initially reported to be a bear attack is now being investigated by Montana authorities as a vicious homicide. The Gallatin County Sheriff’s Office in Montana received a call around 10 a.m. Saturday regarding the discovery of a dead man in a tent 2.5 miles up Moose Creek Road. The caller indicated that the death may have been caused by a bear attack. Evidence gathered through an autopsy further indicated that this was a homicide,” the sheriff’s office said. Authorities described the incident as a “vicious attack” and said detectives are working to develop and track down leads.

Persons: Dustin Mitchell Kjersem, ”, “, Kjersem, Nate Kamerman, Kamerman, It’s, Sheriff Dan Springer, Springer, ” Springer, Jillian Price Organizations: Gallatin County Sheriff’s, Moose, Montana Department of Fish, Montana Department of Fish , Wildlife, Parks, Authorities, Sheriff, Gallatin County Sheriff's Locations: Montana, Gallatin County, Belgrade , Montana, Montana Department of Fish ,, Moose, Bozeman

☆ Stanley Druckenmiller says he's 'licking my wounds' from selling Nvidia too soon
▼ + stars: | 2024-10-16 | by ( Cj Haddad | ) www.cnbc.com time to read: +2 min

Billionaire investor Stanley Druckenmiller said on Wednesday that his decision to sell out of Nvidia this year was a "big mistake." Druckenmiller's comments do not reflect Nvidia's 10-for-1 stock split, which went into effect in June. "It tripled in a year, and I thought the valuation was rich," Druckenmiller told Bloomberg. Druckenmiller told CNBC in May that Nvidia was "a little overhyped now, but underhyped long term." He added that he was introduced to Nvidia in 2022, when "I didn't even know how to spell it."

Persons: Stanley Druckenmiller, I've, —, Druckenmiller, we've, we'd, financials Organizations: Nvidia, Bloomberg, Duquesne, Meta, Microsoft, CNBC

☆ Prosecutors seek years in prison for Trump Media insider trading Shvartsman brothers
▼ + stars: | 2024-10-11 | by ( Dan Mangan | ) www.cnbc.com time to read: +7 min

Michael Shvartsman, 53, was born in Ukraine when it was part of the Soviet Union. "Mr. Shvartsman has paid a steep price for his insider trading," those lawyers wrote. "Altogether, Shvartsman exhibits a troubling pattern of acting as though he were above the law," prosecutors wrote. "The defendant is a wealthy, successful businessman," prosecutors wrote about Gerald Shvartsman, who is a married father of two children. Roland Riopelle, a lawyer for Gerald Shvartsman, is asking Liman for a sentence with no prison time.

Persons: Michael Shvartsman, Amr Alfiky, Gerald Shvartsman, Lewis Liman, Bruce Garelick, Garelick, Michael Shvartsman's, Donald Trump —, Donald Trump, Jim Watson, DWAC, Alan Futerfas, Dennis Vacco, Judge Liman, Shvartsman, Prosecutors, Roland Riopelle, Liman, Riopelle Organizations: Manhattan Federal Court, Reuters Prosecutors, New, Trump Media, Prosecutors, Soviet Union, Reuters, Rocket, Digital, Republican, Afp, Getty, Trump, Manhattan U.S, Attorney's Locations: Manhattan, New York City, U.S, New York, Florida, Ukraine, Soviet, Italy, Toronto, Canada, Michael Shvartsman's Miami, DWAC, Butler , Pennsylvania

☆ Most Taiwanese believe China unlikely to invade in coming five years, poll shows
▼ + stars: | 2024-10-09 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +5 min

TAIPEI — Most Taiwanese believe China is unlikely to invade in the coming five years but do see Beijing as a serious threat to the democratic island, a poll by Taiwan’s top military think tank showed on Wednesday. Lee Kuan-chen, another INDSR researcher, said Taiwan's military should continue to boost its defense capacity to build public trust. Taiwan's President Lai Ching-te said on Saturday that it is "impossible" for the People’s Republic of China to become Taiwan’s motherland because Taiwan has older political roots. Taiwan's China policy making Mainland Affairs Council said it was an objective fact that since 1949 the People's Republic of China had never ruled the island. "On the contrary, the Republic of China may be the motherland of the people of the People's Republic of China who are over 75 years old," Lai added, to applause.

Persons: Christina Chen, Chen, Xi Jinping, Yan Zhao, Lee Kuan, Lee, Joe Biden, Lai Ching, Lai, Mao Zedong's, Taiwan Affairs Office's Organizations: Institute for National Defense and Security Research, U.S . Central Intelligence Agency, Getty, Affairs Council, Taiwan Affairs Office, Taiwan Affairs Locations: TAIPEI, China, Beijing, Taiwan, Taipei, AFP, United States, U.S, People’s Republic of China, Republic of China, People's Republic of China, Taiwan's, People's, Republic of China's

Jon-Adrian Velazquez spent close to 27 years caught in the criminal justice system — nearly all of it behind bars in New York's Sing Sing prison, convicted of a murder he insisted he did not commit. Andrew Cuomo granted Velazquez executive clemency, citing his work in Sing Sing on an educational initiative by those incarcerated to combat gun violence, and he was freed after serving almost 24 years of a 25-year-to-life sentence. The results determined Velazquez's DNA was not on the key evidence. Since his release from prison, Velazquez has used his experience to become an advocate for criminal legal reform and even played himself in the 2023 drama "Sing Sing," based on an actual Rehabilitation Through the Arts program at the prison. The podcast "Letters from Sing Sing" was a finalist for a 2024 Pulitzer Prize in audio reporting and Slepian's book about the case, "The Sing Sing Files: One Journalist, Six Innocent Men, and a Twenty-Year Fight for Justice," was released this month.

Persons: Jon, Adrian Velazquez, Velazquez, —, Mr, Abraham Clott, Dan Slepian, Velazquez's, NBC's, Andrew Cuomo, JJ, Lester Holt, I've, Adrian, Velasquez, Maria Velazquez Velazquez, Albert Ward, Attorney Alvin Bragg, Bragg, ” Velazquez, Holt, Dan, I’d, didn't Organizations: New York, NBC, New York Gov, NBC News, Attorney, Justice Locations: Manhattan, New, New York City, Sing, Harlem, attorney's, reinvestigations

☆ Meta's misinformation problem has local election officials struggling to get out the truth
▼ + stars: | 2024-09-26 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +14 min

Meanwhile, multiple Facebook users in states like North Carolina, Mississippi and New Jersey continue to share the ballot misinformation without any notification that it's false. Across the U.S., with 40 days until the Nov. 5 election, state and local officials say they are puzzled by what to expect from Facebook. In 2020, the site hosted rampant misinformation about politically charged issues like Covid treatments, masking and voter fraud. Given Maricopa County's high profile during the election season, the state often attracts attention from Facebook users across the country. During a Senate hearing last week on election threats, Meta's head of global affairs, Nick Clegg, fielded questions about the company's election preparedness.

Persons: Rebecca Noble, Derek Bowens, Bowens, Meta, Donald Trump, Hillary Clinton, Elon Musk, Kamala Harris, Taylor Kinnerup, Kinnerup, she'd, Meta's, Saul Loeb, Nick Clegg, Sen, Susan Collins, Collins, Clegg, Scott McDonell, it's, McDonell, Jeramy Gray, Gray, we've, Harris Organizations: Department, Facebook, USA, North Carolina State Board, CNBC, Meta, Republican, Russian, Trump, Pew Research Center, Elon, Associated Press, Reuters, Democratic, Maricopa, National Constitution Center, AFP, Getty, Intelligence, Homeland Security, FBI Locations: Maricopa County, Mesa, Arizona, Mesa , Arizona, U.S, Durham County , North Carolina, N.C, North Carolina , Mississippi, New Jersey, Springfield , Ohio, Canada, North Carolina , Arizona, Philadelphia , Pennsylvania, Maine, China, Dane County, Wisconsin, Los Angeles County, North Carolina's Durham County

☆ Salesforce to close Portland office, asks employees to relocate or take severance
▼ + stars: | 2024-09-26 | by ( Ellen Thomas | ) www.businessinsider.com time to read: +4 min

AdvertisementSalesforce will close its office in Hillsboro, Oregon, and is asking many of its employees based there to either relocate or accept a severance package. In virtual meetings Thursday afternoon, the cloud software giant notified staffers who report to its Hillsboro office, thirty minutes outside of Portland, of its decision. AdvertisementSalesforce opened its Hillsboro office in 2013. The Hillsboro office was Salesforce's only location in the Portland metro area. The Hillsboro office closure also comes as Salesforce, which makes and sells cloud-based software for customer relationship management, attempts to rebrand as a company powered by artificial intelligence.

Persons: Salesforce, —, Marc Benioff, Ellen Thomas Organizations: Service, Hillsboro office's, Business, Oregonian Locations: Hillsboro , Oregon, San Francisco, Hillsboro, Portland, Indianapolis, Atlanta, Seattle, Seattle .

☆ Marc Benioff dismisses Microsoft's Copilot AI as the next 'Clippy'
▼ + stars: | 2024-09-22 | by ( Katie Balevic | ) www.businessinsider.com time to read: +1 min

Salesforce CEO Marc Benioff compared Microsoft's Copilot to Office's much-maligned "Clippy." Go to newsletter preferences Thanks for signing up! AdvertisementIt's unclear which assistant should be more offended: Microsoft Copilot or Microsoft Office's Clippy. Benioff dismissed Microsoft's Copilot AI features during an interview in the midst of his company's annual Dreamforce conference in San Francisco. "We all know now that Microsoft Copilot is basically the new Microsoft Clippy, that customers have not gotten value from it," Benioff said during an interview with Bloomberg.

Persons: Marc Benioff, Copilot, Benioff, Salesforce, —, Microsoft's Organizations: Service, Microsoft, Bloomberg, Business Locations: San Francisco

☆ Meet the Enigmatic Man Who Oversees Larry Page's Google Fortune
▼ + stars: | 2024-09-16 | by ( Hugh Langley | ) www.businessinsider.com time to read: +22 min

His success has also helped fuel a boom in family offices, a financial structure pioneered by J.P. Morgan and popularized by the Rockefellers. Today there are thousands of family offices globally, with the total number tripling between 2019 and 2023, according to the data provider Preqin. To protect Page, Osborne has long remained hidden, the man behind the megabillionaire's curtain. AdvertisementThe small staff at Koop, Page's family office in Palo Alto, are fiercely committed to Page's privacy. Through his investment in Way2B1, Page is seeking to make money by monetizing the techniques he uses to make money.

Persons: Thomas, Larry Page, Wayne Osborne, Osborne, Koop, —, Wayne, Jeffrey Epstein, Gmail, Page, he's, Larry, Morgan, Morgan Stanley, hasn't, Justin Sullivan, hawking, Sergey Brin, George Pavlov, Mark Zuckerberg, Jeff Bezos, Melinda Lewison, Natasha Pearl, Aston Pearl, James Estrin, Helen Frankenthaler, Minerva, Joseph E, Brooks, Taylor, Mortimer Zuckerman, Zuckerman, he'd, who'd, Koop's, Ken Goldman, Eric Schmidt, Hugh Langley, Michael Floyd, Floyd, Page's, Lucy Southworth, Southworth, It's, Way2B1, it's, Gilles Martin, Hal Bailey Organizations: QS, Osborne, J.P, Google, Harvard Business School, Princeton Theological Seminary, Presbyterian Church, New York Times, Minerva, U.S . News, Boston Properties, Shell, CIA, Energy Technologies, Oceankind, Forbes, Business, Fiji Locations: New York, Caribbean, St, Palo Alto , California, Wayne, Mississippi, Connecticut, Silicon Valley, U.S, Silicon, Palo Alto, Koop, Nola, margarita, Way2B1, Fijian, superyachts, New Zealand, Fiji

☆ LVMH CEO Bernard Arnault's family office goes shopping for AI startups
▼ + stars: | 2024-08-19 | by ( Robert Frank | ) www.cnbc.com time to read: +4 min

The $220 million round in May, which also included Aglaé, valued H at $370 million, according to the company. While the amounts of Aglaé's investments aren't disclosed, the funding rounds for the AI firms totaled more than $300 million, according to Fintrx. Aglaé also invested in a $25 million seed round for Lamini, a Palo Alto, California-based startup building enterprise AI applications. Aglaé joined Susquehanna to invest in the $27 million seed round for Toronto-based Borderless AI, a human resource management platform. Arnault and his family are, however, big art collectors, and Aglaé was an investor in a $9.5 million funding round for LaCollection, a digital art platform.

Persons: Google's, Wendy, Eric Schmidt, Aglaé, Arnault, Robert Frank Organizations: Accel Partners, Google, CNBC, Fintrx, Aglaé Ventures, Susquehanna, Toronto, Music Media, Back, Netflix, Spotify Locations: Palo Alto , California, New York, Photoroom, France, Paris, Sonarverse, Irvine , California, San Francisco, French, LVMH, Airbnb

☆ When ICE Agents Use Deadly Force, the Shootings Go Unprosecuted.
▼ + stars: | 2024-08-01 | by ( Lila Hassan | ) www.businessinsider.com time to read: +46 min

AdvertisementYet when and how ICE agents use deadly force has long been shrouded in secrecy. ICE agents shot people in public places, such as traffic intersections and strip-mall parking lots. Yet in over half of the shootings we identified, ICE agents never made an arrest. But Ramos still became one of dozens of people on the receiving end of an ICE agent's deadly force. A significant number of the shootings documented in the logs happened while ICE agents were off-duty or in plain clothes.

Persons: Nemesia Martinez, wouldn't, Martinez, Gabino Ramos Hernandez, Ramos, Ramos wasn't, Soledad Ramos Hernandez, Ramos's, Soledad, Timothy Ivy, Donald Trump, We've, Ramos —, Chuck Wexler, haven't, Genia, Miguel Alvarez, Alvarez, Jake Driskell, Driskell, Phillip Causey, Causey, Laurel Police Department Ramos, gurney, Mario Bass, Bass, Prince William, Bryan Cox, Bradley Epley, Epley, Rueben Coray, Hector Santana, Santana, who'd, Othello Jones, Jones, Johnathan Liddell, Douglas, Ryan Leonard, Joe Biden, García Ramos, it's, they're, he'd, Leo Clemons, Doctors, Clemons, Ramos moans, wasn't, Bailey C, Martin, Prince William County, HSI, Chris Baroni, Ronaldo Gonzalez, Gonzalez, Baroni, Jerry Robinette, General, OPR, Gretta Goodwin, Robinette, doesn't, Goodwin, Tommy Cox, Donald Trump's, reining, Jennifer Chacón, Biden, Timothy Cerniglia, Cerniglia, Hernandez's, hasn't, Business Insider Ramos, He's, Loevy Organizations: Investigations, Business, Customs, Laurel, Facebook, ICE, Immigration, Homeland Security Investigations, New York City Police Department, Los Angeles Police Department, Department of Homeland Security, Police, Research, New, Immigrant Defense, DHS, Border Patrol, Laurel Police Department, Mississippi Bureau of Investigation, Nissan, Ramos, FBI, Justice Department, Denver, Phoenix, Border Protection, Maricopa County Attorney's Office, General's, Department of Justice, Force, Ohio State University Moritz College of Law, Mississippi Bureau of, MBI, Laurel Police, NBC, Sheriff's, ICE's Homeland Security Investigations, Scottsdale police, Howard Center, Investigative Journalism, Arizona State University, Attorney's, Federal Homeland Policy, Maricopa County DA, Firearms, ICE's, Homeland Security, Justice, DHS's Office, Army, Center, New American Security, Congress, Stanford Law School, Ohio State Law, Trump, White, GAO, Service, Biden's, Ohio State, Business Insider, Fund, Journalism Locations: Jackson, Laurel, Laurel , Mississippi, Woodbridge , Virginia, New York, Puebla, Mexico, Mississippi, United States, Arizona, Phoenix, Dumfries , Virginia, Nashville, Denver, arm's, Maricopa, Mesa , Arizona, Maricopa County, Lithia Springs , Georgia, Soledad, Metairie , Louisiana, Jefferson, Virginia, Scottsdale , Arizona, Scottsdale, Chula Vista , California, Washington , DC, Africa, New American, Oaxaca

☆ You can now get all of Microsoft Office's apps painted on your nails for just $200
▼ + stars: | 2024-07-28 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

Nail tech Linh Nguyen has created a Microsoft Office-themed manicure. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Painting each of their nails with a different application from Microsoft Office — a standard tool for the 9-5 class — may be a way to show they're passionate about their job. This story is available exclusively to Business Insider subscribers.

Persons: Nguyen, — Organizations: Microsoft, Service, Microsoft Office, Business

☆ The mass IT outage is causing chaos, but social media users are having a field day
▼ + stars: | 2024-07-19 | by ( Alexandra Bacon | ) www.businessinsider.com time to read: +4 min

While businesses scramble to deal with the consequences of the hit, social media users are responding in the best way they know how: memes. 'The blue screen of death'Many PC users logged on to their computers on Friday to be met with Window's so-called blue screen of death. Attached is a photo of five laptops on an office desk, all displaying the "blue screen of death." Advertisement"Crowdstrike is accomplishing what we thought Y2K would be, it's quite impressive," one user posted on X. AdvertisementSocial media users have been quick to point out the irony of how CrowdStrike's software, which is meant to prevent businesses from being brought down, has ended up accidentally causing so much chaos.

Persons: —, Window's Organizations: Service, Microsoft, Business Locations: Las Vegas

☆ Stanley Druckenmiller hits another home run in small caps after nailing the Nvidia trade
▼ + stars: | 2024-07-17 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Stanley Druckenmiller , still basking in his winning Nvidia bet, has hit another home run in this bull market. When Druckenmiller acquired the position in the first quarter, small caps were significantly underperforming their large-cap counterparts. Druckenmiller once managed George Soros' Quantum Fund and shot to fame after helping make a $10 billion bet against the British pound in 1992. After the stock soared from $150 to above $900, Druckenmiller slashed the stake. A lot of what we recognized has become recognized by the marketplace now," Druckenmiller said on CNBC at the time.

Persons: Stanley Druckenmiller, Druckenmiller, Russell, George Soros, bullish, We've Organizations: Nvidia, Duquesne Family Office, Investment, SEC, Quantum Fund, Duquesne Capital Management, CNBC

☆ We went behind the scenes of a viral TikTok series in New York City that's part of a new wave of MTV-style social shows
▼ + stars: | 2024-06-05 | by ( Dan Whateley | Sydney Bradley | ) www.businessinsider.com time to read: +7 min

"New media is having a moment here in New York City," Valentino told BI. Related stories"We have a development team pumping out pilots, new concepts, working new concepts," Fallen Media CEO Sol Betesh told BI. Fallen Media's production team optimizes audio and video on a noisy New York City block. Sydney Bradley/Business InsiderNew York City is a main characterFallen Media is a true New York City operation. Villalpando was recently on an episode of Fallen Media's "Bite Me," and Novi was on a recent segment of "Subway Oracle."

Persons: —, Michael Valentino, Tiffany Baira, Baira, Valentino, Sol Betesh, Sydney, Davis, Jason Derulo, Michael Bublé, Brian Baumgartner, Taco Bell, they're, Betesh, We'll, Maia Novi, Fabrizio Villalpando, Villalpando, Davis Burleson Organizations: Service, Business, YouTube, Media, MTV, Sydney Bradley, New, Washington, Fallen Media Locations: New York, New York City, influencer, TikTok, Instagram, Novi

Trump sat still after the verdict was read, with his hands in his lap, looking forward. At the heart of the criminal case against Trump was a payment that prosecutors said was designed to influence the 2016 election. A historic trial with tawdry detailsThe verdict follows the first-ever criminal trial of a former American president. AdvertisementFormer U.S. President Donald Trump departs the courtroom after being found guilty on all 34 counts in his hush money trial at Manhattan Criminal Court. In opening statements at the trial, prosecutor Matthew Colangelo described the case against Trump as being about a "criminal conspiracy," while Blanche likened hush money to "democracy."

Persons: —, Donald Trump, Trump, Stormy Daniels, Juan Merchan, Michael Cohen, Trump's, Daniels, Cohen, Merchan, Cohen —, Justin Lane, Robert Costello, Costello, scoffing, Matthew Colangelo, Blanche, Joe Biden, Robert De Niro, Eric Trump, Alina Habba Organizations: Service, Business, New, Trump, Manhattan Criminal, Prosecutors, Biden, Secret Service, Georgia — Locations: Manhattan, Tahoe, American, Washington ,, Georgia, Florida

Read previewThe jury in former President Donald Trump's criminal hush-money trial has reached a verdict. At the heart of the criminal case against Trump was a payment prosecutors said was designed to influence the 2016 election. Trump repaid Cohen with a series of checks in 2017, once he was already president, prosecutors alleged. The verdict follows the first-ever criminal trial of a former American president. "Just take care of it," Cohen said Trump told him in ordering him to quash Daniels' sex story.

Persons: —, Donald Trump's, Trump, Stormy Daniels, Michael Cohen, Trump's, Daniels, Cohen, Juan Merchan, Cohen —, Robert Costello, Costello, scoffing, Matthew Colangelo, Todd Blanche, Merchan, Joe Biden, Robert De Niro Organizations: Service, Business, Trump, New, Prosecutors, Biden, Georgia — Locations: Manhattan, Tahoe, American, Washington , DC, Georgia, Florida

☆ Trump, now a convicted felon, insists he's a 'very innocent man' after landmark verdict
▼ + stars: | 2024-05-30 | by ( Natalie Musumeci | Laura Italiano | ) www.businessinsider.com time to read: +5 min

Read previewFormer President Donald Trump, now a convicted felon, fumed over the verdict in his historic New York hush-money trial on Thursday, insisting that he's "a very innocent man." I'm a very innocent man," said Trump, who added that the "real verdict is going to be November 5 by the people." Trump will appeal the verdict, Susan Necheles, a lawyer for the former president told Business Insider. AdvertisementNearly every day of the five-week trial, Trump publicly criticized the Manhattan district attorney office's case against him as well as Merchan, the presiding judge. Moments after jurors started weighing a verdict, Trump told reporters in the courtroom hallway that the case against him was so "rigged" that not even "Mother Teresa" could get acquitted.

Persons: —, Donald Trump, fumed, Stormy Daniels, Trump, Trump's, Donald Trump Jr, Susan Necheles, Todd Blanche, Juan Merchan, Michael Cohen, Blanche, Cohen, Joshua Steinglass, Merchan, BULL …, Teresa, Daniels Organizations: Service, Business, New, Trump, Prosecutors Locations: New York, Manhattan, American, Tahoe

☆ Here's what every member of the Trump family is up to after leaving the White House
▼ + stars: | 2024-05-30 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +2 min

Donald Trump, who is running for president again in the 2024 election, is now a convicted criminal. Former president Donald Trump speaks at a rally. In August 2022, FBI agents executed a search warrant on Trump's Mar-a-Lago home, prompting a furious reaction from Trump and his allies. The search appeared to be over material that Trump brought back to Florida after leaving the White House, spurring a federal investigation linked to the Presidential Records Act. In June 2023, Justice Department prosecutors charged Trump with 37 criminal counts, alleging he withheld classified records from the government after leaving office and attempted to obstruct their return.

Persons: Donald Trump, Sergio Flores, Joe Biden's, Trump Organizations: Anadolu Agency, Getty, Trump, New, FBI, Trump's, White, Presidential, Justice Department, Representatives, Capitol, Department of, White House, The New York Times Locations: Florida, Mar, Palm Beach, New York, American, United States, Texas

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