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☆ A big European asset manager trims Nvidia shares after huge rally
▼ + stars: | 2024-07-15 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

DNB Asset Management, a Nordic fund giant managing nearly $90 billion as of the end of 2023, dumped a sizable portion of its Nvidia stake after the chipmaker's stunning 2024 run, according to a new regulatory filing. The sale came after Nvidia's jaw-dropping rally that pushed its market valuation above $3 trillion. Still, the rally in Nvidia has recently shown has signs of exhaustion as 2024's bull run broadened out to the unloved pockets of the market. DNB, with about 100 investment funds, had around $88 billion in assets under management as of 2023, according to the firm's website. The European giant had most of its top 10 holdings in the so-called Magnificent Seven stocks, including Microsoft , Alphabet , Nvidia, Amazon , Apple and Meta Platforms.

Persons: Jensen Huang Organizations: Nvidia, U.S . Securities, Exchange Commission, Microsoft, Apple

For Nvidia CEO Jensen Huang, being almost the only game in town for AI chips isn't enough. AdvertisementThe company also runs Nvidia Inception, an incubator and venture network that counts more than 20,000 early-stage companies among its membership. "I think it's crazy," said another founder whose company received investment from NVentures, who spoke on condition of anonymity. Any company trying to do anything major in AI has spent the past two years buying them by the truckload. AdvertisementHe says he's received personal calls from Huang in which the Nvidia CEO weighs in on company decisions or expresses disapproval of his public statements.

Persons: Jensen Huang, Chris Brown, Brown, Huang, Vishal Bhagwati, Sid Siddeek, Jensen, Umesh, Padval, Uber, Nvidia's, Lisa Su, he's, there's Organizations: Service, Nvidia, Business, Corporate, Cohere's, Google, AMD Locations: Silicon Valley, New York, NVentures, OpenAI

☆ Former Secret Service agent says counter snipers at Trump rally should have had '360 degree coverage' of surrounding buildings
▼ + stars: | 2024-07-14 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +3 min

Read previewA former Secret Service agent said counter-snipers at the Pennsylvania rally where a would-be assassin wounded former President Donald Trump should have had "360-degree coverage" of the event and surrounding buildings. "I don't know how many they had, but they usually always look for 360-degree coverage," former Secret Service agent Anthony Cangelosi told Business Insider. AdvertisementCangelosi said the Secret Service would sometimes use "counter-sniper response units," which are posted on the ground and can quickly move into position if they notice a threat. AdvertisementCangelosi said he expects the Secret Service to amp up security at future events moving forward. "The Secret Service is well aware of the fact that they have to be perfect all of the time," Cangelosi said.

Persons: —, Donald Trump, Anthony Cangelosi, John Jay, Sheriff Michael Slupe, Cangelosi, couldn't, Trump Organizations: Service, Pennsylvania, Secret Service, Business, Federal Bureau of Investigation, John, John Jay School of Criminal, City University of New, Sheriff, Washington Post, Republican National Convention Locations: Bethel Park , Pennsylvania, City University of New York, Butler, Wisconsin

☆ Russia's showing NATO its hand in the air war over Ukraine
▼ + stars: | 2024-07-13 | by ( Sinéad Baker | Jake Epstein | ) www.businessinsider.com time to read: +21 min

Experts told Business Insider the Ukraine war has underscored how some elements of modern air combat are radically changing. And in fights like Desert Storm and the Iraq War, the West established air superiority by taking out its opponent's air defenses. The Russian air force can't meet Western air forces air to air in a major attack without being "shot to pieces," Bronk said. "Nobody really wants an air war with Russia," said John Baum, a Mitchell Institute expert and retired US Air Force lieutenant colonel. "It is not a highly desirable thing, I think, from either side, to want to have this air war."

Persons: It's, Justin Bronk, hasn't, DIMITAR DILKOFF, Bronk, Andrew Curtis, Mark Cancian, Guy Snodgrass, Hoshang, Giorgio Di Mizio, David Allvin, it's, James Hecker, NATO hadn't, " Hecker, that's, Maxim Shemetov, Fabian Hinz, Riivo Valge, Mattias Eken, They're, Paula Bronstein, Anthony Sweeney, US Army Cancian, REUTERS Lockheed Martin, Timothy Wright, disaggregation, Schmuelgen Jarmo Lindberg, Evelyn Hockstein Valge, John Baum Organizations: Kyiv, NATO, Business, Royal United Services Institute, Western, Getty, US Air Force, Storm, Marine, Center for Strategic, International Studies, Russian Defense Ministry Press, AP Russia, AP, Hudson Institute nonresident, International Institute for Strategic Studies, REUTERS, RAND Corp, Patriots, US Army, West, Patriot, Ukraine, REUTERS Lockheed, Finnish Defense Forces, Eurofighter Typhoons, Mitchell Institute Locations: Ukraine, Russia, Russian, AFP, Iraq, Europe, West, Afghanistan, Baltic, Western Europe, Estonian, Finnish, Finland, Washington

☆ The British Army has shrunk to its smallest size since the Napoleonic wars
▼ + stars: | 2024-07-13 | by ( Michael Peck | ) www.businessinsider.com time to read: +6 min

The British Army has shrunk to its lowest level since the early 1800s. That's a far cry from the Chinese army of 2 million soldiers, Russia's 1.3 million, or the 460,000 active-duty troops of the US Army. "As things stand, the British Army is a one-trick pony," Nicholas Drummond, a British defense expert and former infantry officer, told Business Insider. AdvertisementIn 1989, the British Army had 156,000 soldiers, or more than twice its present size. "Right now, the British Army cannot generate a single division, let alone two," Drummond said.

Persons: —, Napoleon, Nicholas Drummond, Rudyard Kipling, Tommy, Chuck, Drummond, Keir Starmer, Conservative government's, It's, Michael Peck Organizations: Service, British Army, US Army, Business, Britain's Army, NATO, Royal Navy, Treasury, Army, Labor, Conservative, Royal Air Force, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Romania, Bangladesh, Canada, Armenia, Russia, Washington, DC, Ukraine, British, Forbes

☆ Four Decades to Build 70,000 Affordable Homes? Count That as a Success.
▼ + stars: | 2024-07-13 | by ( Roshan Abraham | ) www.nytimes.com time to read: +1 min

Her family had lived in the township for generations, and she wanted her children to be able to live there, too. Then, in the decades after World War II, the federal government financed the construction of highways and tracts of single-family homes. White families fleeing cities like Camden, N.J., and Philadelphia tripled Mount Laurel’s population between 1950 and 1970. When the township sought to condemn an area of dilapidated homes, where some of the town’s Black residents lived, Ms. Lawrence jumped into action. She and her husband owned their home, but Ms. Lawrence was concerned that other Black or Latino residents would be forced out.

Persons: Ethel Lawrence, Lawrence Organizations: Mount Locations: Mount Laurel , N.J, Philadelphia, Camden, N.J, Mount Laurel’s

☆ Israel’s Netzah Yehuda: How an army unit deemed abusive by the US is shaping the fight in Gaza
▼ + stars: | 2024-07-13 | by ( Cnn S International Investigations Team | ) edition.cnn.com time to read: +25 min

In this 2014 photo, Israeli soldiers in the Netzah Yehuda battalion are seen taking part in training in the Israeli-controlled Golan Heights, near the Syrian border. While he was in Netzah Yehuda, he said, the battalion’s commanders played a key role in perpetuating a culture of violence, both by standing by as it happened and promoting it. The findings by the expert panel would have been enough to disqualify a military unit from any other country, the officials said. Lt. Col. Nitai Okashi oversaw the Netzah Yehuda battalion from 2018 to 2020. Lt. Col. Uri Levy was in charge of Netzah Yehuda from 2014 to 2016.

Persons: Yehuda, Menahem Kahana, Benjamin Netanyahu, Antony Blinken, Mike Johnson, Israel “, Blinken, Netzah Yehuda, –, ” Charles Blaha, they’re, ”, “, Biden, Israel, Netzah, Ahmad Jamil Fahd, Sanad, Shin Bet, Gil Cohen, Josh Paul, Paul, CNN’s Christiane Amanpour, Amanpour, ” Paul, Eyad Baba, Joe Biden, Leahy, Sen, Patrick Leahy, Charles Blaha, Blaha, Omar Assad, Assad, Netzah Yehuda –, Mati Shevach, Nasser Nasser, ” Blaha, Shevach, Nitai Okashi, Okashi, Der Spiegel, , Uri Levy, Levy, Johnson, don’t, ” Netzah Yehuda, Col, Shlomo Shiran, Katie Polglase, Benjamin Brown, Barbara Arvanitidis, Alex Platt, Mark Baron, Augusta Anthony, Alberto Mier, Toby Hancock, Gianluca Mezzofiore, Laura Smith, Eliza Mackintosh, Dan Wright, Matt Wells Ami Kaufman, Jennifer Hansler Organizations: CNN, West Bank, Israel Defense Forces, US State Department, State Department, Getty, IDF, State Department’s Office, Security, Human Rights CNN, Congress, Department, Israel Border Police, Internal Security Forces, ” CNN, Israeli Air Force Base, Magen, State, Human, Kfir Brigade, AP, Netzah, Urban Warfare Training Center, CBS, Battalion, Kfir Infantry Brigade, West Bank ., Jerusalem Brigade, Britain’s Guardian, Okashi, Israeli, Augusta Anthony Visual Locations: Israeli, United States, Gaza, Golan, Syrian, AFP, Palestinian, Israel, Ramallah, Rahat, Jerusalem, Jiljilya, Col, West Bank, Jiljiliya, Beit Hanoun

☆ Inside the $43 million Veterans Affairs simulation hospital where doctors are piloting new tech
▼ + stars: | 2024-07-13 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +6 min

An operating room at SimVET Courtesy: SimVETInside a sprawling $43 million Veterans Affairs facility equipped with operating rooms, intensive care units and an outpatient clinic, there are no patients. The SimVET facility in Orlando, Florida Courtesy: SimVETThe Veterans Health Administration services 9 million veterans in 172 medical centers across the U.S. Each medical center has a simulation program, and some have a dedicated space on site. "We have two fully staffed operating rooms, all the equipment you would normally use: lights, booms, real anesthesia machines. A mannequin at the SimVET facility Courtesy: SimVETBeyond its unusual patients, SimVET is home to many familiar-looking health-care scenes. Fluorescent lights line a long hallway full of exam rooms, and operating rooms stuffed with machinery look like they were plucked straight from a nearby hospital.

Persons: it's, Scott Wiltz, SimVET, Wiltz, SimVET Wiltz, Amanda Borchers, Borchers Organizations: Veterans Affairs, Orlando International Airport, National Center, CNBC, Veterans Health Administration, U.S, Research Network, SimVET, Medical Locations: Florida, SimVET, Orlando , Florida, Orlando, Lexington, Kentucky

☆ I felt isolated in shame after learning I had diabetes. Doing my insulin shots in public helped me accept it.
▼ + stars: | 2024-07-12 | by ( Andrea Javor | ) www.businessinsider.com time to read: +5 min

The primary difference is that the bodies of people with type 2 diabetes produce insulin and can't effectively process it. AdvertisementFor a while, I felt shame about my diagnosisI spent the first years of my diagnosis isolated in shame. I wore an insulin pump under my clothing. I switched from an insulin pump to shots, which makes me feel more in control of my dosing. Soon, I was surprised to find that the shame that kept me from hugging people years ago, scared they'd feel my insulin pump, had evaporated.

Persons: blustering, appetizers, I'd, I've Organizations: Service

☆ IDC expects demand for Apple Vision Pro to continue to grow
▼ + stars: | 2024-07-12 | 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 EmailIDC expects demand for Apple Vision Pro to continue to growFrancisco Jeronimo, vice president for data and analytics at IDC, says he expects Apple to sell over 400,000 units of the Vision Pro in 2024.

Persons: Francisco Jeronimo Organizations: IDC, Apple Vision, Apple, Vision

☆ What a geriatric doctor wishes you knew now for healthy aging
▼ + stars: | 2024-07-12 | by ( Madeline Holcombe | ) edition.cnn.com time to read: +6 min

Why should people start to think about healthy aging early? One can affect the other, but it’s really kind of the sum of the parts is greater than the whole. But home-cooked meals — cooking your own fresh fruit and vegetables, thinking about having these types of meals — is really, really important and nutritious. Batsis: Healthy aging can occur at any stage of life. The definition of what constitutes healthy aging may differ, and it’s really about asking what does it mean to you?

Persons: John Batsis, —, it’s, It’s Organizations: CNN, Department of Health, Human Services, University of North, UNC’s School of Medicine, Gillings School of Global Public Health Locations: University of North Carolina, Chapel

☆ Niger: Inmates escape prison holding militants
▼ + stars: | 2024-07-12 | by ( Story Reuters | ) edition.cnn.com time to read: +1 min

Reuters —Niger’s interior ministry said it had ordered search units to be on alert after inmates escaped on Thursday from the high-security Koutoukale prison whose inmates include Islamist militants. The ministry statement did not say how many prisoners had escaped Koutoukale, which lies 50 km (30 miles) northwest of the capital Niamey, or how they had done so. The prison’s inmates include detainees from the West African country’s conflict with armed groups linked to al Qaeda and Islamic State and suspected Boko Haram insurgents. Local authorities imposed an overnight curfew in the urban commune of Tillaberi, which is in the same region as the prison, but did not give further details. Thousands have been killed in the insurgencies and more than three million displaced, fueling a deep humanitarian crisis in some of the world’s poorest countries.

Persons: Boko, al Organizations: Reuters, West, Islamic Locations: Niamey, al Qaeda, Islamic State, Tillaberi, Niger, Mali

☆ Shares of 6 mega-cap companies that run the economy should dominate the stock market
▼ + stars: | 2024-07-11 | by ( Zev Fima | ) www.cnbc.com time to read: +13 min

The market is only driven by a handful of massive tech stocks – and therefore, it's built on a weaker foundation than a market advancing on a broader swath of its constituents. Companies don't lose dominance or stock leadership because they were dominant the last time we had a bull market. We trimmed Nvidia, Meta Platforms, Palo Alto Networks , and five other tech stocks at the beginning of the year. Would the market suddenly become more investible if we broke up the Super Six into say 15 different companies and stocks? However, we don't think they are a reason to bail entirely on any of these names.

Persons: it's, Jim Cramer, Jim, they've, we've, we're, Jim Cramer's, Spencer Platt Organizations: Club, Super, CNBC, Apple, Microsoft, Meta, Nvidia, Fed, Barclays, Big Tech, IBM, Palo Alto Networks, Palo Alto, United Parcel Service, Google, Facebook, Gmail, Amazon, Services, Jim Cramer's Charitable, The New York Stock Exchange, Nasdaq, Getty Locations: Eaton, Dover, 2Q24, U.S, Manhattan, New York City

☆ Putin's war of attrition is coming at a massive cost, with 5,000 soldiers killed or injured in the battle for one neighborhood
▼ + stars: | 2024-07-11 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. Read previewRussia's war of attrition in Ukraine is coming at a huge cost in killed and injured troops, with a Ukrainian official claiming Russia suffered 5,000 casualties in battles for one neighborhood alone. Related storiesHavrylyuk pointed to massive Russian casualties he said its military was sustaining, claiming that 5,000 Russian troops were killed or injured in battles for control of a single district in the strategically vital town of Chasiv Yar in Donetsk, east Ukraine. AdvertisementThe hilltop town has been the scene of ferocious fighting in recent weeks, with Russian forces managing to seize control of a district last week. The ISW said that high casualties were part of Russian President Vladimir Putin's strategy to grind out a victory in Ukraine through a war of attrition.

Persons: —, Ivan Havrylyuk, Havrylyuk, Putin, Vladimir Putin's Organizations: Service, Business, Russian, Institute for Locations: Ukraine, Russia, Ukrainian, Chasiv Yar, Donetsk, US, Kharikiv, Russian

☆ ‘More Heat, More Often’: Temperature Records Keep Breaking
▼ + stars: | 2024-07-11 | by ( Austyn Gaffney | ) www.nytimes.com time to read: +1 min

June was the Earth’s 13th consecutive month to break a global heat record. It beat the record set last year for the hottest June on record, according to data from the Copernicus Climate Change Service of the European Union. “We need to be preparing for more heat, more often. That’s the reality.”More than half the U.S. population — almost 175 million people — faced extreme heat on July 4, and the impacts of this new normal continued to broil the country this week. In the Western United States, a heat dome fed wildfires, and in Houston, the country’s fourth-largest city, excessive heat threatened lives.

Persons: “, ”, Katherine Idziorek, —, Hurricane Beryl Organizations: European Union, University of North, Hurricane Locations: University of North Carolina, Charlotte, United States, Houston, Texas

“As a result, there were no additional reserve forces in the area that could have been sent to Kibbutz Be’eri,” the inquiry said. This led to several incidents where security forces grouped at the entrance to the kibbutz without immediately engaging in combat,” the report said. A home destroyed during the attack by Hamas is seen within Kibbutz Be'eri on October 14, 2023 in Be'eri, Israel. By 6 p.m., “about 700 IDF soldiers and security forces are operating in the area of the kibbutz,” the inquiry found. Members of “Kibbutz Be’eri did not need the results of the investigation to feel the failure of the IDF” that morning.

Persons: “, ”, Be’eri, Herzi Halevi, Kibbutz Be’eri, Leon Neal, Daniel Hagari, Halevi, ” Halevi, Amir Levy, Michal Paykin, Yoav Gallant, Shin, ” Gallant, ” Hagari Organizations: CNN, An Israel Defense Forces, General Staff, Division, Palestinian, “, IDF, of Defense, Staff Locations: Be’eri, Israel, Kibbutz, Be'eri

☆ Apple's Vision Pro sales are way lower than expected. That might not turn around until it lowers the $3,500 price.
▼ + stars: | 2024-07-11 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

Don't look, Apple: There's more bad news for the Vision Pro. The headset is expected to sell fewer than a half million units this year. 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's been a few months since the Apple Vision Pro launched in the US, but sales are still looking pretty lackluster.

Persons: —, It's Organizations: Vision, Service, Apple Vision Pro, Bloomberg, IDC, Business

☆ Apple seems super confident that AI will make you want to buy a new iPhone
▼ + stars: | 2024-07-11 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

Read previewIt seems Apple is quietly confident about the power of AI to sell iPhones. Apple's AI ambitions face challengesFor one, Apple's sagging iPhone sales have been no short-term blip. Related storiesIn its last full financial year, iPhone sales were down to $200 billion from $205 billion the previous year. It means Apple will need its AI offering to be strong enough to change consumer behaviour. AdvertisementThe bigger question looming over Apple is whether users care about AI enough to shell out for upgrade.

Persons: —, Tim Cook, Apple, EMMANUEL DUNAND, Apple's, it's, OpenAI Organizations: Service, Bloomberg, Apple Intelligence, Business, Apple, Samsung, Worldwide Developers, Google, South, Galaxy Locations: China

watch nowHousing inflation has remained stubbornly high even as inflation in the broad U.S. economy has cooled significantly from peak levels during the pandemic era. At a high level, "shelter" inflation is a measure of U.S. rental prices, said Jessica Lautz, deputy chief economist at the National Association of Realtors. Why CPI shelter inflation has fallen slowlyThe pullback in shelter inflation has been slower than expected, economists said. How the CPI reflects homeownershipThe shelter inflation index is meant to measure the average cost of housing in the U.S. economy, J.P. Morgan's Seydl said. "When it comes to the CPI, [shelter] does not mean the cost for homes for purchase," said the NAR's Lautz.

Persons: Joe Seydl, Jessica Lautz, Olivia Cross, We've, Jerome Powell, Selma Hepp, Morgan's Seydl, Powell, Seydl Organizations: Morgan Private Bank, Housing, National Association of Realtors, of Labor Statistics, Capital Economics, Finance, Federal, CoreLogic, BLS, Olivia Cross North, Capital, CPI Locations: North America, U.S, Olivia Cross North America

☆ San Quentin on Lockdown As Inmates Suffer Gastrointestinal Illness
▼ + stars: | 2024-07-11 | by ( Laura Italiano | Nicole Einbinder | ) www.businessinsider.com time to read: +6 min

Read previewUsually, when "chicken hindquarters" is on the dinner menu at San Quentin, it's good news. Four men serving sentences at San Quentin say dozens of prisoners were sickened, and some 2,000 were subjected to a week of lockdown to prevent any illness from spreading. The four men who spoke to Business Insider told similar stories. Gavin Newsom announced the facility's "transformation" from San Quentin State Prison into San Quentin Rehabilitation Center, empowering an advisory council comprised of community leaders, prison staff, and program leaders to come up with recommendations to improve conditions. A spokesperson for the California Correctional Health Care Services issued this statement on Tuesday:Advertisement"We are currently investigating cases of a potential gastrointestinal illness at San Quentin Rehabilitation Center.

Persons: —, Aaron Ramzy, it's, Ramzy, Luis Sigueras, Marty Zahorik, Zahorik, I've, there's, Gavin Newsom, I'm, CCHCS Organizations: Service, Business, California Correctional Health Care Services, Block, Marin General Hospital, Gov, Quentin Rehabilitation Center, San Quentin Rehabilitation Center Locations: San Quentin, Quentin, California, Marin

☆ China food safety scandal: Cooking oil carried in same trucks as fuel, report claims
▼ + stars: | 2024-07-10 | by ( Simone Mccarthy | Joyce Jiang | ) edition.cnn.com time to read: +9 min

Experts quoted in official media also discussed health hazards of the alleged practices. “Using chemical tankers for edible oils will inevitably result in residual contamination,” said Liu Shaowei, a food safety expert cited by CCTV. Several executives found to be responsible for the 2008 case were ultimately handed death sentences, and the tragedy drove deep mistrust of domestic products and food safety in China. Another case in 2022, also exposed by state media, showed how “dirty” pickled cabbage was supplied to popular instant noodle brands. Xi has repeatedly stressed the importance of food safety and the security of grain and food staple supplies.

Persons: Xi Jinping, –, ”, Liu Shaowei, Liu, ’, ‘, Xi, ” Xi, Yanzhong Huang, Huang, “ Organizations: Hong Kong CNN, Oil Group, Council, CCTV, ” Communist Party, Weibo, Monday, CNN, Food Safety, Foreign Relations Locations: China, Hong Kong, Beijing, Communist, New York

☆ The 4 Apple suppliers set to pop on iPhone 16 series launch: BofA
▼ + stars: | 2024-07-10 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +4 min

"A solid iPhone replacement cycle and spec upgrade should help HH's better sales/earnings in 2025-26," the investment bank's analysts wrote. The bank expects the China-based design and manufacturing giant to see strong margins as demand for its casings increases in tandem with better iPhone shipment cycles between 2025 and 2026. "We lift Foxconn Industrial Internet (FII)'s 2024-26E earnings by 2-6% on potentially better iPhone casing sales and strong AI server contribution," the analysts wrote. "We expect BYDE's casing profitability to gradually improve on better operation efficiency (higher automation rate, improving yield)," the analysts wrote. They have lifted the company's 2025-2026 earnings expectations by 2% to "reflect potentially better iPhone volume, robust auto expansion as well as rising AI-related contribution (server, robot)."

Persons: Ming, Chi Kuo, Ross Young, Hai, BofA, Foxconn, — CNBC's Michael Bloom Organizations: Tech, Apple, Bank of America, Hai Precision Industry, Taiwan Stock Exchange, American Depository, New, Industrial, Taiwan Stock Exchanges, U.S . Its, Shenzhen Stock Exchange, China 5G, Semiconductor, Hong Kong Exchange, Hong Locations: U.S, New Taiwan, China, Shanghai, Taiwan, U.S . Its Shanghai, Hong Kong

☆ Samsung’s AI-powered foldable phones get slimmer, thinner, pricier
▼ + stars: | 2024-07-10 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +7 min

CNN —Samsung’s latest generation of foldable phones aim to draw in traditional phone users with the help of artificial intelligence. The new Galaxy Z Fold starts at $1,899.99, up $100 from last year, and is available in silver, pink and navy. Meanwhile, the Z Flip starts at $1,099.99 (also $100 more than last year) and comes in silver, yellow, blue and mint. Samsung’s foldable line occupies between 80% and 85% of the market share. But those same people might prefer to sleep with a smart ring on their finger rather than a smartwatch on their wrist.

Persons: CNN —, Price, David McQueen, ”, Roh —, —, “, ” Roh, Gemini, Samsung’s, Siri, McQueen, Roh, Oura, Francisco Jeronimo, ” Jeronimo Organizations: CNN, ABI Research, Galaxy, Google, Huawei, Motorola, Apple, Samsung, IDC Research, IDC Locations: Paris, wearables

☆ These 2 states are seeing record rent declines even as prices rise nationally
▼ + stars: | 2024-07-10 | by ( Filip De Mott | ) www.businessinsider.com time to read: +1 min

Metro areas in Florida and Texas are notching record rent declines, according to Redfin. Construction in both states spiked amid a pandemic demand frenzy, contributing to the ongoing declines. AdvertisementMetro areas in Florida and Texas are seeing rent declines as landlords struggle to fill newly built units, Redfin reported. During COVID, an overload of pandemic demand burdened housing and rental markets in both states, triggering a wave of construction. In Florida, the city of Jacksonville notched its biggest asking rent decline since 2019, dropping 12.4% in June on an annual basis.

Persons: —, Redfin Organizations: Service, Tampa, Business Locations: Florida, Texas, Jacksonville

☆ Illegal Eviction Complaints Rise As Police Fail to Enforce
▼ + stars: | 2024-07-10 | by ( Cecilia Reyes | ) www.businessinsider.com time to read: +44 min

The nature of illegal lockouts means they are hard to track directly. One of the responding officers calls a sergeant over, who says there's nothing else they can do. While only 14% of lockout calls led to a police report, 86% of calls about shoplifting did. As they walk over, one of the officers tells the other to look up "illegal lockout" on his phone. A 2006 bill that would have defined illegal lockouts for all Illinois residents was defeated.

Persons: Alfred Perry, He'd, Perry, Dan Wright, Perry didn't, Wright, Bridget Bennett, Dan hadn't, I'd, he'd, Charlie Bliss, Matthew Desmond, Lockouts, Jersey City's, haven't, he's, David Leibowitz, Leibowitz, —, Pretium —, Kristi DesJarlais, Siegel, Sean Thueson , , Thueson, Blackstone, lockouts, Pretium, Katherine Kelly, RealPage, Jennifer Bowcock, William Prosser ,, they're, Donna Rossi, Sara Heymann, Meghan Aguilar, Misty Skinner, Skinner, Levi Wilhelm, It's, hasn't, I've, Wilhelm, they'd, Jeffrey Uno, Deirdre Orange, isn't, Daniel Benavidez, Jenny Chavez, criminalizing, Rob Bonta, Eric Carter, John Bartlett, Carter, Fred Fuchs, Steve Cohen, Michael Bennet, Sarah Saadian, Douglas Farrar, Kelly, Fuchs, Heymann, who've Organizations: Labor, Chrysler, Social Security, Business, North Las Vegas Police Department, Child Protective Services, Las Vegas Justice, Atlanta Legal, Atlanta Police Department, Atlanta, Supreme, Department of Housing, Los Angeles Police Department, Houston —, Arizona, Housing Association, Invitation Homes, Siegel, Siegel Group, Blackstone ., Progress, Homes, Union, city's Housing Department, Miami, Police, Houston, Houston Police Department, Phoenix, Criminal, Chicago, Chicago Department, LAPD, Records, Jersey City, Las Vegas Metropolitan Police Department, Las Vegas Metro Police, Legal, Foundation of Los, Phoenix Police Department, Fulton County Marshal's Department, Avondale Police Department, Avondale Police, Metropolitan Tenants Organization, Texas Justice Court, Court Training Center, Illinois, National Weather Service, Democratic, Senate, Income Housing Coalition, Consumer Financial Protection Bureau, Federal Trade Commission, FTC, AGs Locations: Las Vegas, Detroit, Vegas, United States, Perry's, Princeton, Milwaukee, Los Angeles, Chicago, Atlanta, South Chicago, Phoenix, Jersey, New Jersey, Jersey City, Houston, Nevada, . Texas, Harris County, Texas, Arizona, Washington, city's, Atlanta , Miami, California, New York City, Spring Valley, Spring Valley , Nevada, Las, Foundation of Los Angeles, Avondale , Arizona, Arkansas, Georgia , Mississippi, Pennsylvania, Wyoming, In Connecticut , Massachusetts, Minnesota , New Jersey, New York, Delaware, Illinois

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