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☆ A retired US Navy 4-star admiral arrested in connection with an alleged bribery scheme
▼ + stars: | 2024-06-01 | by ( Cameron Manley | ) www.businessinsider.com time to read: +4 min

Read previewA retired four-star US Navy admiral was arrested Friday in connection with an alleged bribery scheme that involved a government contract. The two are charged with bribery and conspiracy to commit bribery and each face up to 20 years in prison, Said the DOJ release. The alleged scheme involved Burke accepting future employment at the executives' company in exchange for awarding them a government contract, said the DOJ release. It is alleged, Burke later ordered his staff to award Messenger and Kim's company a contract to train naval personnel in Italy and Spain. In a statement, the US Navy told USNI News the service "cooperated with this investigation from the onset.

Persons: —, Robert P, Burke, Charlie, Kim, Meghan Messenger, Said, Messenger, Matthew M, Graves, Timothy Parlatore, Paralotre Organizations: Service, Department of Justice, Business, US Naval Institute, DOJ, New York, US Navy, The Navy, USNI Locations: Europe, Russia, Africa, Washington , DC, Italy, Spain, Florida, Washington ,

☆ Video shows Ukrainian drone taking out a jet ski with 2 Russian soldiers who were attempting to cross the Dnipro River
▼ + stars: | 2024-06-01 | by ( Cameron Manley | ) www.businessinsider.com time to read: +1 min

Drones targeted Russian soldiers crossing the Dnipro River on a jet ski, said Ukraine. AdvertisementFootage shared by the Ministry of Defense of Ukraine appears to show Russian soldiers crossing the Dnipro River on a jet ski being taken out by a drone. The video, released by Ukraine's 79th State Border Guard Service, appears to show the Russian soldiers being targeted by Ukrainian FPV drones. The drone tracks the jet ski as it crosses the river. When the Russian soldiers reach the opposing bank, the drone hones in and hits the jet ski.

Persons: — Organizations: Ukraine’s 79th State Border Guard Service, Service, Ministry of Defense, Ukraine's 79th State Border Guard Service, Business Locations: Dnipro, Ukraine, Russia, Ukrainian

☆ Houthi rebel footage appears to show a downed US Reaper drone worth $30 million. It marked the third loss in a month, a report said.
▼ + stars: | 2024-06-01 | by ( Cameron Manley | ) www.businessinsider.com time to read: +5 min

Read previewAnother US MQ-9 Reaper drone came down in Yemen, images appear to show, marking the third loss during the conflict with Houthi rebels in the last month, an Associated Press report said. pic.twitter.com/pNeRJ5Kkei — Megatron (@Megatron_ron) May 29, 2024Houthi spokesman Yahya Saree claimed his fighters shot dow the US Reaper drone in northern Yemen. AP said it was the third report of a downing of an expensive Reaper drone in the last month. The news agency also approached the CIA regarding the downing of the Reaper drone, but it declined to comment. "The MQ-9 Reaper may not be survivable in an environment characterized by large-scale combat operations."

Persons: —, Houthis, Hou, tod, Rea, Ros Organizations: Service, Associated Press, US Navy, Business, dow, Uni, kr Locations: Yemen, Israel, Gaza

☆ Arrests of Russian generals and officials raises questions about Putin's war machine
▼ + stars: | 2024-06-01 | by ( Cameron Manley | ) www.businessinsider.com time to read: +2 min

Five senior figures in Russia's defense establishment have been arrested on corruption charges. The arrests follow the replacement of Sergei Shoigu as defense minister. 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 . AdvertisementIt began with Timur Ivanov, Russia's then-deputy defense minister, who was arrested after being accused of taking bribes "on a particularly large scale."

Persons: Sergei Shoigu, —, Timur Ivanov, Russia's, Yuri Kuznetsov, Andrey Kozyrev, Boris Yeltsin, Putin, Foreman Organizations: Russia's MOD, Service, Kremlin, Business Locations: Moscow, Cyprus

☆ Election Updates: Trump goes from court to Trump Tower to the octagon for a U.F.C. fight.
▼ + stars: | 2024-06-01 | by ( Chris Cameron | ) www.nytimes.com time to read: +5 min

Its unfounded allegations became an article of faith for an untold number of Americans convinced that the election had been stolen. Mr. Andrews sued Mr. D’Souza, along with Salem and two individuals associated with the right-wing election-monitoring group True the Vote, for defamation in October 2022. “It was never our intent that the publication of the ‘2,000 Mules’ film and book would harm Mr. Andrews,” Salem said in a statement on Friday. In February, a lawyer for True the Vote told a Georgia court that it had no evidence to support its allegations of election fraud in the state. Mr. D’Souza did not immediately respond to a request for comment.

Persons: Dinesh D’Souza, Biden, Salem, Mark Andrews, D’Souza, Andrews’s, Tucker Carlson’s, Charlie Kirk, Andrews, Mr, ” Salem, “, Donald J, Trump, ”, Rudolph W, Giuliani, Trump’s, Catherine Engelbrecht Organizations: Salem Media, Fox News, Mr, CNN, Internal Revenue Service Locations: Georgia, ”, Salem, Atlanta, ” Salem, Palm Beach, Fla, Arizona

☆ Tech is driving the market down, says NewEdge Wealth's Cameron Dawson
▼ + stars: | 2024-05-31 | 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 EmailTech is driving the market down, says NewEdge Wealth's Cameron DawsonCameron Dawson, NewEdge Wealth, joins 'Closing Bell' to discuss markets, the tech sector and the Fed's next move.

Persons: NewEdge Wealth's Cameron Dawson Cameron Dawson Organizations: Tech

☆ Ohio Legislature Passes Bill Ensuring Biden’s Spot on the Ballot
▼ + stars: | 2024-05-31 | by ( Chris Cameron | More About Chris Cameron | ) www.nytimes.com time to read: +1 min

The Ohio General Assembly has passed a legislative fix that ensures President Biden will be on the state’s ballot in November, averting a crisis that had been brewing for weeks over what is typically a minor procedural issue. That had threatened the possibility that the president would not be on the ballot in all 50 states. Mike DeWine, a Republican, is expected to sign the bill over the weekend, pending a legal review, according to a spokesman. Ohio passed temporary extensions to its certification deadline for President Barack Obama and Mitt Romney in 2012 and for President Donald J. Trump in 2020. Other states that had similar deadline issues, including Alabama, have also passed legislative fixes with overwhelming bipartisan support, in 2024 and in other election cycles.

Persons: Biden, Mike DeWine, Barack Obama, Mitt Romney, Donald J, Trump Organizations: Ohio General Assembly, Republican, Democratic, Gov Locations: Ohio, Alabama

☆ Watch CNBC’s full interview with NewEdge's Cameron Dawson, Hightower’s Stephanie Link and Odyssey’s Jason Snipe
▼ + stars: | 2024-05-31 | 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 EmailWatch CNBC’s full interview with NewEdge's Cameron Dawson, Hightower’s Stephanie Link and Odyssey’s Jason SnipeNewEdge's Cameron Dawson, Hightower’s Stephanie Link and Odyssey’s Jason Snipe, join 'Closing Bell' to discuss markets, the tech sector and the Fed's next move.

Persons: NewEdge's Cameron Dawson, Hightower’s Stephanie Link, Jason Snipe NewEdge's Cameron Dawson, Jason Snipe

☆ The Weapons That Ukraine Might Use to Shoot Into Russia
▼ + stars: | 2024-05-31 | by ( Lara Jakes | ) www.nytimes.com time to read: +1 min

The decision by the Biden administration to allow Ukraine to strike inside Russia with American-made weapons fulfills a long-held wish by officials in Kyiv that they claimed was essential to level the playing field. The shift in policy followed declarations from nearly a dozen European governments and Canada that their weapons could be used to fire into Russia. Freed from those constraints, Ukraine can strike into Russia with SCALP missiles from France and, potentially soon, the identical Storm Shadow missiles supplied by Britain. Although the British foreign minister, David Cameron, said on May 3 that Ukraine should be able to attack Russia with Western weapons, London has not yet given its full permission, President Volodymyr Zelensky of Ukraine told The Guardian in an interview published on Friday. The SCALP and Storm Shadow missiles have a range of about 150 miles and are fired from Ukraine’s aging fleet of Soviet-designed fighter jets.

Persons: Biden, Freed, David Cameron, Volodymyr Zelensky Organizations: Britain, Guardian, Shadow Locations: Ukraine, Russia, American, Kyiv, Canada, France, London, Soviet

☆ The far-right is set to make huge gains in European election. It could define the next five years of European politics
▼ + stars: | 2024-05-31 | by ( Luke Mcgee | ) edition.cnn.com time to read: +8 min

EU politics has always relied on awkward alliances between countries and political ideologies that represent vastly different electorates. Francois Greuez/SIPA/APThe European Parliament is the place where this is most visible at an EU level. Most of the lawmakers (known as MEPs) belong to a political party in their own country. ECR and ID are typical of European Parliament parties in that they are home to a pretty broad group of conservatives. The European Parliament can often seem like looks like a boring, bureaucratic blob, tediously grinding its way through process.

Persons: Francois Greuez, Angela Merkel, Christoph Reichwein, David Cameron, Georgia Meloni, Viktor Orban, Orban, Ursula von der Leyen, Giorgia Meloni, Hungary's Viktor Orban, –, Geert Wilders Organizations: CNN, European Union, National Rally, European, European People’s Party, EPP, European Conservatives, Politico, British, Brexit, Georgia, Ukraine, Russia EU, EU, SS, Nazi, Dursun, ERC, European Commission, Kremlin Locations: United States, South Africa, Mexico, Taiwan, Ukraine, China, EU, France, Belgian, Brussels, Hungary, Russia, Italian, Anadolu, United Kingdom, Germany, Europe, Netherlands, Europe’s

☆ Crypto exchange Gemini returns $2.2 billion to users after pausing withdrawals 18 months ago
▼ + stars: | 2024-05-29 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

Customers with funds locked up in crypto exchange Gemini's defunct crypto lending program are finally going to start getting their money back. The email adds: "This means that if you lent one bitcoin in the Earn program, you will receive one bitcoin back. At $2.18 billion, the fund distribution represents a 232% recovery for users since Gemini froze withdrawals for customers of its Earn program 18 months ago. Gemini then lent customers' crypto to institutional borrowers through Genesis Global Capital, its lending partner of choice. In November 2022, Genesis Global Capital paused new loan originations and redemptions, forcing Gemini to halt withdrawals from its Earn program.

Persons: Tyler Winklevoss, Cameron Winklevoss, Cameron, Genesis, Gemini, Letitia Organizations: Gemini, Mana Convention, Genesis Global Capital, New York Locations: Wynwood, Miami , Florida, Manhattan

☆ Winklevoss crypto firm customers will get back triple the value of their frozen assets
▼ + stars: | 2024-05-29 | by ( Allison Morrow | ) edition.cnn.com time to read: +2 min

More than 230,000 Gemini customers lost access to approximately $940 million worth of digital assets. In the year and a half since then, crypto has staged a comeback, bringing the value of the frozen funds to $2.18 billion. Wednesday’s announcement accounts for the appreciation of value in crypto, adding more than $1 billion to the total. At the time FTX imploded, causing chaos in crypto markets, bitcoin sank precipitously to around $17,500. Earn customers can expect to receive their remaining asset balance within the next 12 months, Gemini said.

Persons: Cameron, Tyler Winklevoss, ’, ” Cameron Winklevoss, Gemini Organizations: New, New York CNN, Gemini, New York Department of Financial Services, bitcoin, FTX Locations: New York

☆ Caitlin Clark makes WNBA history in Indiana Fever defeat to Los Angeles Sparks
▼ + stars: | 2024-05-29 | by ( Matias Grez | ) edition.cnn.com time to read: +3 min

CNN —The Indiana Fever’s early season struggles continued on Tuesday with an 88-82 defeat to the Los Angeles Sparks, but Caitlin Clark produced her most scintillating performance so far. She is now also the fastest rookie in WNBA history to record 100 points and 50 assists. “Honestly, I think I just played with an aggressive mindset,” Clark told reporters. Despite the Fever’s difficult start to the season, Clark continues to draw huge crowds with more than 16,000 again in attendance for Tuesday’s game, including Indiana Pacers star Tyrese Haliburton. I think I’ve done a better job as well of understanding who’s guarding me.

Persons: Caitlin Clark, –, “, ” Clark, Sparks, Christie, they’ve, Clark, Cameron Brink, Kia Nurse, Tyrese, ”, – I’ve Organizations: CNN, Indiana Fever’s, Los Angeles Sparks, Sparks, LA, Indiana Pacers, Tyrese Haliburton, Seattle Storm, Gainbridge Locations: Indiana

☆ The Battle Over College Speech Will Outlive the Encampments
▼ + stars: | 2024-05-29 | by ( Emily Bazelon | Charles Homans | ) www.nytimes.com time to read: +1 min

The day after Hamas’s brazen Oct. 7 attack on military and civilian targets in Israel, the S.J.P. chapters co-signed an open letter declaring “full solidarity with Palestinian resistance.” The letter described the attacks as “an unprecedented historic moment for the Palestinians of Gaza” and a “counteroffensive against their settler-colonial oppressor.” It would be tantamount to “asking for quiet submission to systemic violence” for anyone to call for peace now, after years of Israeli violence and military campaigns against Palestinians. The groups issued a list of demands to the university — divestment from companies doing business with the Israeli government, the end of Columbia’s affiliation with Tel Aviv University and a recognition of Palestinian “existence and humanity” — and announced a demonstration on Oct. 12 on the steps of Low Library. “We got some pushback from the university,” recalled Cameron Jones, an organizer of the J.V.P. chapter, “but not insane pushback.”

Persons: ” —, ”, Cameron Jones Organizations: Tel Aviv University, Low Locations: Israel, Gaza, Columbia

CNN —Ukraine should be allowed to use French weapons, including long-range missiles, against targets inside Russia from which Moscow attacks Ukraine, French President Emmanuel Macron said Monday. The SCALP missiles have a range of up to 155 kilometers (96 miles) and carry a 400-kilogram (881-pound) high-explosive penetration warhead, according to the Missile Threat project at the Center for Strategic and International Studies. Macron stressed that the French arms are to be used only against targets from which attacks are launched into Ukraine. “We must not allow them to hit other targets in Russia,” including civilian or other military targets, the French leader said. The meeting follows a similar agreement between Ukraine and Spain on Monday, with Spanish Prime Minister Pedro Sánchez announcing a $1.08 billion weapons deal for Ukraine.

Persons: Emmanuel Macron, “, ” Macron, Olaf Scholz, Guillaume Souvant, David Cameron, Putin, ” Cameron, let’s, Caesar, Viacheslav Ratynskyi, Germany’s Scholz, Macron’s, ” Scholz, Vladimir Putin, ” Putin, ”, Volodymyr Zelensky, Zelensky, ” Zelensky, Pedro Sánchez Organizations: CNN, French Defense, Missile, Center for Strategic, International Studies, Getty, British, NATO, Spanish, Ukraine Locations: Ukraine, Russia, Moscow, Brandenburg, Germany, France, Bourges, AFP, Kyiv, ” France, Avdiivka, Donetsk region, United States, Uzbekistan, Europe, Belgium, Brussels, Spain, United Kingdom, Italy, Denmark, Finland, Canada

☆ R.F.K. Jr. Denounces the Removal of Confederate Statues
▼ + stars: | 2024-05-28 | by ( Chris Cameron | More About Chris Cameron | ) www.nytimes.com time to read: +1 min

Robert F. Kennedy Jr. denounced the removal of hundreds of Confederate statues and other monuments across the United States after the murder of George Floyd by a Minneapolis police officer in 2020. While defending the statues, Mr. Kennedy also said that there were “heroes in the Confederacy who didn’t have slaves,” though when he later picked an example of a Confederate whom he idolized, he singled out Robert E. Lee, a prominent general in the rebel army who owned slaves. “I have a visceral reaction against the attacks on those statues,” Mr. Kennedy said on the podcast, which was hosted by Tim Pool, a right-wing commentator. Mr. Kennedy had been asked specifically about the removal of a statue of Lee in Charlottesville, Va., in 2021. He added that “if we want to find people who are completely virtuous on every issue throughout history, we would erase all of history.”

Persons: Robert F, Kennedy Jr, George Floyd, Kennedy, Donald J, Robert E, Lee, ” Mr, Tim Pool, Mr, ” Organizations: Libertarian National Convention, Trump Locations: United States, Minneapolis, Washington, Lee, Charlottesville, Va

☆ We were paid $10,000 to move from Austin to Arkansas. It wasn't perfect, but we have no regrets.
▼ + stars: | 2024-05-28 | by ( Alisha Mcdarris | ) www.businessinsider.com time to read: +5 min

Read previewNearly every time I mentioned my impending move to Arkansas, I was asked, "Why there?" It was a curious choice, especially considering I was leaving bustling and lively Austin for Fayetteville, Arkansas, a city known for little more than historical monuments and college football. After all, the cost of living in the Texas city was rapidly rising and we craved more adventure and outdoors than Austin's manicured parks and overcrowded campsites could offer. Related storiesAnd maybe Arkansas wasn't that big of a jump, anyway. In the end, we left Arkansas after 15 months and moved to a small city near the Wasatch Mountains in Utah.

Persons: —, Alisha McDarris, we'd, honked, isn't, Jason Cameron Organizations: Service, Business, Arkansas Council, Arkansas Razorback, Getty Locations: Arkansas, Austin, Fayetteville , Arkansas, Northwest Arkansas, Texas, Atlas, Bentonville, Utah, Our Arkansas

☆ Israeli Troops Keep Up Assault on Rafah After Condemnation of Deadly Strike
▼ + stars: | 2024-05-28 | by ( Lauren Leatherby | ) www.nytimes.com time to read: +5 min

The strike was conducted using two munitions with small warheads suited for this targeted strike. Rear Adm. Daniel Hagari, the Israeli military’s spokesman, insisted that their munitions alone, used in a strike in Rafah, could not have ignited the deadly fire that killed dozens of people at a camp. Those statements, however, did little to quell a chorus of voices demanding accountability and a halt to the fighting, which came amid reports of another deadly strike in nearby Al-Mawasi on Tuesday. Credit... Hatem Khaled/Reuters Still, he gave no indication that the Israeli military’s operation in Rafah would be interrupted. Israeli officials have argued that the ruling allowed it to continue fighting in Rafah because the military would not inflict such conditions.

Persons: Daniel Hagari, —, Benjamin Netanyahu, Israel, Mawasi, David Cameron, Admiral Hagari, Hatem Khaled, China “, ”, “, Mao Ning, ” —, Alexandra Stevenson Organizations: Credit, Israel Defense Forces Israel’s, ., Reuters, International Court, Ministry of Foreign Affairs Locations: Blaze, Rafah, Al, Israeli, Gaza, Rafah’s, China, Israel, “

We have everything you need on where to watch a Sparks vs. Fever live stream tonight. ET / 4 p.m. PT on NBA TVHow to watch Sparks vs. Fever in the USThe Sparks vs. Fever game airs tonight at 7 p.m. You can watch NBA TV on a live TV streaming service like Fubo if you don't have cable. Shop at FuboHow to watch Sparks vs. Fever from anywhereIf you'll be traveling outside the US when the game airs, you can still tune in to your subscriptions using a VPN. Sign up for a live TV streaming package if you don't already have one.

Persons: Cameron Brink, Los Angeles Sparks, Caitlin Clark, Brink, Clark, It's, ExpressVPN Organizations: Business, Los Angeles, Indiana, Sparks, WNBA, NBA, PT, ION Locations: ExpressVPN

☆ French Open Day 2: Nadal leaves Roland Garros door ajar, Andreescu returns
▼ + stars: | 2024-05-27 | by ( James Hansen | ) www.nytimes.com time to read: +6 min

🇺🇸 Chris Eubanks, 6-3, 6-3, 6-4🇺🇸 Chris Eubanks, 6-3, 6-3, 6-4 🇹🇳 Ons Jabeur (8) def. 🇬🇷 Maria Sakkari (6), 3-6, 6-4, 6-3🇬🇷 Maria Sakkari (6), 3-6, 6-4, 6-3 🇬🇷 Stefanos Tsitsipas (9) def. 🇨🇿 Karolina Pliskova, 3-6, 6-4, 6-2🇨🇿 Karolina Pliskova, 3-6, 6-4, 6-2 🇺🇸 Ben Shelton (15) def. 🇫🇷 Hugo Gaston, 3-6, 6-3, 6-4, 6-4Hugo Gaston, 3-6, 6-3, 6-4, 6-4 🇺🇸 Danielle Collins (11) def. 🇦🇺 Max Purcell, 6-2, 6-2, 3-6, 4-6, 7-6(10)Max Purcell, 6-2, 6-2, 3-6, 4-6, 7-6(10) 🇵🇱 Iga Swiatek (1) def.

Persons: Roland Garros, Chatrier, Rafael Nadal, Alexander Zverev, Nadal, Mateo Villalba, Bianca Andreescu, Serena Williams —, Andreescu, She’s, Robert Prange, Sara Sorribes Tormo, ”, “, Serena Williams, Leylah Fernandez, Denis Shapovalov, Felix Auger, Aliassime, Jack Draper, Andy Murray’s, Cameron Norrie, Pavel Kotov, Linda Noskova, Harriet Dart, Dan Evans, Katie Boulter, they’re, Evans, Holger Rune, Paula Badosa, Disappointment, Norrie, Andy Murray, Maria Sakkari, Varvara Gracheva, hasn’t, Maria, Elina S vitolina, 🇵, Erika, Elena R ybakin Organizations: Getty, U.S ., National Bank Locations: Philippe, Montreal, British, Rome

☆ Polish official claims the US told Russia it would strike Russian targets in Ukraine if Putin used nuclear weapons
▼ + stars: | 2024-05-27 | by ( Cameron Manley | ) www.businessinsider.com time to read: +1 min

A Polish official said the US told Russia it would strike Russian targets in Ukraine if Putin used a nuke. Former Russian President Dmitry Medvedev said such US strikes would result in a "world war." Putin has regularly issued nuclear threats since Russia launched its full-scale invasion of Ukraine. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementPoland's foreign minister said the US had told Russia that it would strike Russian targets in Ukraine if Putin were to use nuclear weapons.

Persons: Putin, Dmitry Medvedev, —, Radosław Sikorski Organizations: Service, Guardian, Business Locations: Russia, Ukraine

☆ Stan Wawrinka and Andy Murray share ‘emotional’ French Open embrace following Swiss’ win
▼ + stars: | 2024-05-27 | by ( Matias Grez | ) edition.cnn.com time to read: +2 min

CNN —Stan Wawrinka turned back the clock to play his “best match of the year” as he eased past fellow tour veteran Andy Murray 6-4 6-4 6-2 in the first round of the French Open. And, yeah, he’s [an] amazing guy, amazing player, such a big fighter. “I think I played my best match of the year,” Wawrinka, the 2017 French Open champion, added. It’s really positive for me.”Murray, playing in his first French Open since another first-round defeat to Wawrinka in 2020, suffered an early break of serve in each set and was never able to recover. “It was always going to be tough, tough match,” Murray said, per the BBC.

Persons: Stan Wawrinka, Andy Murray, Scot, he’s, Murray, Wawrinka, “ We’re, ” Wawrinka, ” Murray, Roland Garros, “ Stan, “, Cameron Norrie, Pavel Kotov, Brit Dan Evans Organizations: CNN, “, Miami Locations: Paris

☆ Trump confronted with loud boos and heckles at the Libertarian National Convention
▼ + stars: | 2024-05-26 | by ( Cameron Manley | ) www.businessinsider.com time to read: +1 min

Donald Trump faced boos and heckles at the Libertarian National Convention Saturday night. Trump said he would commute the sentence of the founder of Silk Road, a the drug-selling website. 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 . AdvertisementDonald Trump battled through boos and heckles as he addressed the Libertarian National Convention on Saturday night.

Persons: Donald Trump, Joe Biden, Trump, —, MAGA Organizations: Libertarian, Convention, Silk, Service, Washington Hilton, Business Locations: Washington ,, USA

☆ Elite tutors can earn $180,000 and travel the world, but are risking a 'Faustian pact' with the superrich
▼ + stars: | 2024-05-25 | by ( Cameron Manley | ) www.businessinsider.com time to read: +10 min

Read previewA wealthy family wants to hire a private tutor for their two young children. The position includes a minimum annual salary of $180,000, nine weeks of annual vacation, and accommodation and travel expenses. The UK-based tutoring agency Tutors International, searching for the highly lucrative tutoring role, has been described as the "Dom Perignon" of the industry. "In 2001, we thought charging a client £28,000 ($35,000) a year was a lot of money," Caller told Business Insider. Advertisement"Graduates from elite universities are often making a Faustian pact: serving the wealthy to pay their post‐graduation debts," he said.

Persons: —, Dom Perignon, Adam, Jerome Barty, Taylor, Lu ShaoJi, Mark Bray, Bray, it's, Lee Elliot Major, you've Organizations: Service, Business, International, Oxford, Cambridge University, Ivy League grads, UNESCO, Comparative, University of Hong, Monaco, Social Mobility, University of Exeter Locations: Europe, Hong Kong, Champagne, Cambridge, Oxford, Dubai, University of Hong Kong, London, Russia, Britain

☆ Why UK Prime Minister Rishi Sunak called an election he’s expected to lose
▼ + stars: | 2024-05-24 | by ( Luke Mcgee | ) edition.cnn.com time to read: +6 min

London CNN —When British Prime Minister Rishi Sunak announced on Wednesday that the United Kingdom would hold a general election on July 4, many observers wondered: why now? British Prime Minister Rishi Sunak delivers a speech calling for a general election, outside 10 Downing Street, in London on May 22. Their time in office didn’t begin formidably. In 2010, after 13 years of Labour rule, David Cameron won the general election but didn’t win a majority in parliament. Eventually, the Conservative Party had enough of the chaos and put Sunak in charge as a safe pair of hands.

Persons: Rishi Sunak, Keir Starmer, Sunak, Maja Smiejkowska, he’s, we’ve, ’ ” Sunak, didn’t, David Cameron, Cameron, Theresa May, Boris Johnson, Johnson, Henry Nicholls, Liz Truss, –, Starmer Organizations: London CNN, British, Conservative Party, Labour Party, Labour, International Monetary Fund, CNN, IMF, Liberal Democrats, Conservative, Vale, Glamorgan Brewery, Getty Locations: United Kingdom, London, Downing, Glamorgan, Barry, Wales, AFP, Rwanda, Sunak

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