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☆ I became a widow after 45 years of marriage. It's been 3 years and I'm still grieving.
▼ + stars: | 2024-07-18 | by ( Ann Gorewitz | ) www.businessinsider.com time to read: +3 min

This past June would have been my husband Steve and my 48th wedding anniversary. I sometimes feel like I have a phantom husband; I sense Steve in the apartment, when I'm walking in the street, when I'm scared, when I can't find something, when I need a question answered, when I'm sad, and when I'm lonely. Our dog died before himOur dog, Cassie, was our chosen child, and she died shortly before my husband died. The mini-golden doodle puppies were born a week before my husband died, and he showed videos of them to the nurses. I'm taking each day as it comes with Romeo by my side.

Persons: —, Steve, I've, Romeo, He's, Cassie, Ann Organizations: Service, Beatles

☆ Airlines are scrambling to fix the unsustainable crisis caused by too many cheap flights
▼ + stars: | 2024-07-18 | by ( Benjamin Zhang | ) www.businessinsider.com time to read: +5 min

Read previewIt may not feel like it, but there are a lot of cheap flights to be had this summer — and the influx of low-priced, often money-losing economy seats has airlines scrambling. "The unprofitable capacity is just not sustainable," United Airlines' chief commercial officer Andrew Nocella told investors Thursday. Low-cost airlines are bearing the brunt of the painDelta CEO Ed Bastian also questioned the long-term financial viability of the business strategy of low-cost carriers during the airline's earnings call last week. Delta CEO Ed Bastian, pictured onstage at CES in 2019, questioned the long-term viability of money-losing low-cost airlines. In addition, Alaska Airlines announced this week that it's retrofitting its Boeing 737 fleet to add 1.3 million first-class and premium economy seats annually.

Persons: —, Andrew Nocella, Scott Kirby, LOGAN CYRUS, Kirby, Nocella, CCO, Ed Bastian, Bastian, Steve Marcus Organizations: Service, United Airlines, Business, Bureau of Labor Statistics, Delta, CES, Reuters Southwest Airlines, Frontier, Polaris, Alaska Airlines, Boeing, Alaska Boeing, American Airlines Locations: Boeing's, Carolina, Alaska

☆ Why a recession will strike in 2025, according to a veteran economist
▼ + stars: | 2024-07-18 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Read previewThe US hasn't dodged a recession, and the economy is slowing too quickly to nail a soft landing, according to top economist Steve Hanke. AdvertisementM2 money supply has contracted for most of the past two years, and grew by just 0.5% year-over-year in early June, according to Fed data. That compares to early 2021, when the M2 money supply grew at 27% as pandemic stimulus juiced economic activity. The growth rate of the money supply is also well-below the 6% growth rate Hanke estimates is on par with 2% inflation. "The average guy on the street corner knows that if they goose the money supply, you're going to get inflation.

Persons: —, Steve Hanke, Johns Hopkins, Hanke, Julia La Roche, — we've Organizations: Service, Business, Federal Reserve, Fed, US, New York Fed Locations: New

☆ Nantucket's wealthy had another problem on their beaches this week
▼ + stars: | 2024-07-18 | by ( Madeline Berg | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The blade of an offshore wind turbine broke into pieces last week and washed ashore on tony Nantucket, the Massachusetts island favored by New Englanders and the very wealthy. Still, all Nantucket beaches were fully open by Wednesday, though the island's Harbormaster cautioned people to wear shoes and keep pets off certain areas. AdvertisementIn April, billionaire Barry Sternlicht's home was demolished due to property damage caused by erosion. It looks like snow, rain, hail, and a little wind turbine debris won't be enough to turn people off of the Gray Lady.

Persons: —, tony Nantucket, Harbormaster, Barry Sternlicht's, Steve Schwarzman, Eric Schmidt, Gray Organizations: Service, New, Business, Vineyard, of Safety, Environmental Locations: Nantucket, Massachusetts, New Englanders, Martha's

☆ Can Boeing get back to its glory days?
▼ + stars: | 2024-07-18 | by ( Leslie Josephs | ) www.cnbc.com time to read: +17 min

Then on Jan. 5, about six minutes and 16,000 feet into a packed flight out of Portland, Oregon, a door plug blew out of a nearly new Boeing 737 Max 9. The Federal Aviation Administration barred Boeing from increasing output of its Max planes and stepped up hands-on inspections at production plants. The 737 was dubbed "Baby Boeing" and went on to become the company's bestseller, helping to make Boeing the largest U.S. exporter. Pilots in those Boeing planes fought against a flight-control system, the Maneuvering Characteristics Augmentation System, that pushed the nose of the planes downward repeatedly. Boeing has said it aims to increase rates to about 50 Max planes a month in the next few years.

Persons: Joshua Roberts, Max, AeroSystems, Sen, Richard Blumenthal, Conn, Dave Calhoun, Boeing hasn't, Brian West, Aengus Kelly, Bob Jordan, I'm, Antonoaldo Neves, Calhoun, Steve Mollenkopf, Pat Shanahan, Donald Trump, Barack Obama, AerCap's Kelly, Mulugeta Ayene, we've, NASA —, Scott Kirby, McDonnell Douglas, Rob Spingarn, Kirby, Spirit Aerosystems, William Campbell, it's, It's, Howard McKenzie, Kevin Lamarque, Goldman Sachs, Noah Poponak, Alex Krutz Organizations: American Airlines Boeing, Reagan National, FAA, Reuters Boeing, Wall, Boeing, Justice Department, Alaska Airlines, National Transportation Safety Board, NTSB, Via Reuters Industry, Farnborough, Federal Aviation Administration, Airbus, JPMorgan, Etihad Airways, General Electric, Blackstone, Qualcomm, Lion, Ethiopian Airlines, Pilots, Justice, Reuters, NASA, Lion Air, CNBC, Research, Max, Spirit, Corbis, Jefferies, DOJ, Senate Homeland Security, Governmental Affairs, Capitol, Patriot Industrial Partners Locations: Los Angeles, United States, Washington , U.S, Portland , Oregon, Alaska, U.S, Maldives, Wall, United Kingdom, Boeing's, Emirates, Southwest, United, Indonesia, Addis Ababa, Bishoftu, Debre Zeit, Ethiopia, BOZEMAN , MT, Wichita , Kansas, Bozeman, Bozeman , Montana, Seattle, Chicago, Arlington , Virginia, Wichita, South Carolina, Washington

☆ Spotify Pushes Your Favorite Artists to Favor Quantity Over Quality
▼ + stars: | 2024-07-18 | by ( Dan Whateley | ) www.businessinsider.com time to read: +10 min

"It's a very momentum-driven market," said Ben Klein, the cofounder at the record label and music-marketing firm Hundred Days. Still, for some artists, albums can be a useful tool for marketing, streaming economics, and nourishing their biggest fans. "If you're capturing all of your fans and the fans are streaming 10 songs or they're streaming 30 songs, it actually makes a big difference on charting and streaming revenue." AdvertisementOf course, writing lots of quality songs for an album is easier said than done. And some artists are wary of letting social-media strategies or streaming incentives bleed into the creative process.

Persons: Charli XCX, cheekily, Taylor Swift, Nima Nasseri, Morgan Wallen's, Beyoncé, Cowboy Carter, Swift, Nathan Hubbard, Billie Eilish, Ben Klein, superfans, David O'Connor, Z, Steve Jobs, Robert Fink, Charlie Green, YouTuber, Taylor Lindsey, Brian Zisook, Audrey Benoualid, Myman Greenspan, Ariana Grande, Tate McRae, Judah, Judah Akers, Superfans, Marie Clausen, Akers, Dan Whateley Organizations: Universal Music Group, Poets Department, Nation Entertainment, Napster, iTunes, Herb Alpert School of Music, Sony Music Nashville, Lion, RIAA, Business

☆ How Elon Musk Chose Trump
▼ + stars: | 2024-07-18 | by ( Theodore Schleifer | Ryan Mac | ) www.nytimes.com time to read: +1 min

A little over two months ago, Elon Musk found himself at Montsorrel, the palatial Palm Beach compound of Nelson Peltz, the famed activist investor. Mr. Musk knew the sprawling grounds well, having stayed in the guesthouse. But Mr. Musk had a darker message that spring day. Mr. Trump had to win, Mr. Musk said. Tesla, his electric car company, barely advertises, he said, but had still built a cult following through word of mouth.

Persons: Elon Musk, Nelson Peltz, Musk, Peltz, Steve Wynn, John Paulson —, Biden, Trump, Tesla Organizations: Las Locations: Montsorrel, Las Vegas, America

☆ Stegosaurus skeleton sets auction record, selling for $44.6 million
▼ + stars: | 2024-07-18 | by ( Catherine Nicholls | ) edition.cnn.com time to read: +2 min

CNN —A Stegosaurus skeleton has become the most valuable fossil ever sold at auction, being snapped up for $44.6 million in New York. The dinosaur fossil was sold on Wednesday to an anonymous buyer after it was sought after by seven bidders, according to Sotheby’s, the auction house handling the sale. The fossil, nicknamed “Apex,” smashed its pre-sale estimate, which was between $4 million and $6 million. Apex became the most valuable fossil ever sold at an auction, according to Sotheby's. According to Sotheby’s, it sold “Sue,” a Tyrannosaurus rex and the first ever dinosaur to be sold at auction, for $8.4 million in 1997.

Persons: ”, Jason Cooper, Sotheby’s, Steve Brusatte, ” Brusatte, ” Sotheby’s, Apex, Sue, “ Stan Organizations: CNN, Apex, Scotland’s University of Edinburgh Locations: New York, Moffat County , Colorado, U.S, America, Sotheby’s

☆ Blackstone is doubling down on its efforts to woo the wealthy with 2 new funds, flying in the face of BREIT critics
▼ + stars: | 2024-07-18 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +5 min

AdvertisementBCRED, the firm's first credit fund for individual investors, raised $3.4 billion in this quarter, more than the $1.4 billion raised by BXPE and the $990 million raised by BREIT. AdvertisementSchwarzman combined his analysis of BREIT's success with a rosier picture of the larger macro environment in real estate. Since calling the bottom of the real estate market at the beginning of the year, Blackstone's confidence that inflation is receding has continued to increase, leading to more deployment of capital into real estate. It's also providing more possibilities to exit and realize returns on its real estate assets. The firm, which is deploying nearly $15 billion into real estate this year, according to Gray, sees sunny days ahead.

Persons: —, Steve Schwarzman, Jon Gray, Gray, Blackstone, prorated redemptions, we've, BXPE, prorating, Schwarzman, BREIT, REITs, It's Organizations: Service, Business, Blackstone Infrastructure Partners

☆ Blackstone just raised the stakes on its AI gamble
▼ + stars: | 2024-07-18 | by ( Alex Nicoll | Kaja Whitehouse | ) www.businessinsider.com time to read: +1 min

Blackstone has been positioning itself to benefit from the AI boom with data centers. Founder Steve Schwarzman set a new lofty new goal in an earnings call Thursday. He said Blackstone aims to be the biggest investor in AI infrastructure in the world. AdvertisementIt's not surprising when AI, a topic of du jour across corporate America, comes up in an earnings call. "Blackstone is positioning itself to be the largest financial investor in AI infrastructure in the world," the Blackstone's chairman and CEO said in the call.

Persons: Blackstone, Steve Schwarzman, —, laud Organizations: Service, Blackstone, Business Locations: America

Deputy White House chief of staff Annie Tomasini, a longtime aide to the Bidens, joins Donilon and Ricchetti in forming a protective bubble around the president. “The phones just kind of stopped ringing,” is how one senior Democrat put it. “Staff in general are just over the leadership here,” one White House official said. Inside the White House, senior administration officials are bracing for Republicans to call for Biden to resign the presidency if he doesn’t seek reelection. With Biden’s political future on the brink, the White House is fielding a steady stream of letters, telephone calls and message from Americans, too, from Democratic voters like Terri and John Hale.

Persons: Joe Biden, “, Biden, Anita Dunn, Bob Bauer, Jen O’Malley Dillon –, –, Mike Donilon, Steve Ricchetti –, Annie Tomasini, Anthony Bernal, Jill Biden, Tomasini, Biden –, Andrew Bates, they’ve, ” Bates, Kevin Munoz, we’re, Nancy Pelosi, Pelosi, ”, Donilon, Hakeem Jeffries, Jeffries, ” Biden’s, Quentin Fulks, doesn’t, Terri, John Hale, Hales, ” CNN’s Pamela Brown Organizations: Washington CNN, White, Democratic, CNN, Wing, Biden, White House, Donilon, Democrats, “ Staff, House Locations: ”, Milwaukee, Covid, Delaware, Rehoboth Beach, Ankeny , Iowa

Andreessen and Horowitz are the latest and most prominent members of the startup investing community to publicly support Trump. Up until now, there have been pockets of vocal Trump support within Silicon Valley, including conservative provocateur Peter Thiel, the pugnacious hosts of the All-In podcast, and Palantir co-founder Joe Lonsdale. WE HAVE A FORMER TECH VC IN THE WHITE HOUSE. Most of the VCs Business Insider spoke to were unanimously against Kahn. "If it is Biden vs. Trump officially, I think many '"never Trumpers" will go with Trump," said a Bay Area VC.

Persons: —, Andreessen Horowitz, Ben Horowitz, Marc Andreessen, Donald Trump, Sen, JD Vance, Peter Thiel's, Steve Case, Andreessen, Horowitz, provocateur Peter Thiel, Palantir, Joe Lonsdale, Elon Musk, who's, Joe Biden, Vance, Trump, IT'S JD VANCE, WE, MAGA, he's, Bradley Tusk, Chuck Schumer, Tusk, Lina Khan, That's, what's, Kahn, Lina Kahn, Khan, Biden, they're, David Hornik Organizations: Service, The Little, Business, Trump, Wall Street, Founder's Fund, TECH, Democratic, Biden, FTC, SEC, Bay, Republican, Sequoia Capital, Lobby Locations: America, Silicon Valley, New York, Delian, San Francisco, Silicon, There's

☆ When does JD Vance speak tonight? The new heir to Trump’s MAGA movement steps into the spotlight
▼ + stars: | 2024-07-17 | by ( Steve Contorno | ) edition.cnn.com time to read: +10 min

“It’s very clear that Trump wants someone who can carry the movement on,” a person close to Trump told CNN said of the Vance selection. The two became close friends, a relationship that helped Vance earn Trump’s endorsement in a contested primary for an open Ohio Senate seat. As a senator, Vance quickly won over the thought leaders of Trump’s populist movement. Vance and Trump Jr. embraced on the convention stage Tuesday afternoon as they prepared for their moments in the spotlight. Challenges certainly remain for Vance to maintain his position as next in line to the throne in Trump’s party.

Persons: Sen, JD Vance, Donald Trump’s, – Vance, Vance, MAGA, “ Mr, ”, Trump, Mike Pence, “, Vance shouldn’t, Trump’s, Doug Burgum, Marco Rubio, Jack Posobiec, George Bush, ” Vance, Donald Trump Jr, reconsidering, Ohio State University and Yale Law –, Tucker Carlson, Steve Bannon –, ” Bannon, Carlson, “ I’ve, Donald Trump, JD, Kat Cammack, doubters, Nikki, Haley, Black, Mike DeWine, Pence, Vance “, Ronald Reagan, George Herbert Walker Bush, Scott Walker, Michelle Crawford, ” Crawford, Ron DeSantis, DeSantis, ” Posobiec, could’ve, would’ve, ” John Fredericks, Glenn Youngkin, ” Fredericks, “ Trump, Jeff Zeleny, Alayna Treene Organizations: CNN, Republican, Convention, Gettysburg, Ohio State, Trump, North Dakota Gov, Marines, Ohio State University and Yale Law, Conservative, Capitol –, Politico, Trump Jr, Senate, Republicans, GOP, Wisconsin Gov, “, Iowa Federation of Republican Women Locations: Milwaukee, Ohio, Michigan, Washington, America, Russia, Ukraine, Florida, Trump, Iowa, Virginia

☆ Steve Bannon filmed Jeffrey Epstein for 15 hours. His 'documentary' has never surfaced.
▼ + stars: | 2024-07-17 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +16 min

Read previewBefore his 2019 death in jail, Jeffrey Epstein spent hours being interviewed on camera by Steve Bannon. AdvertisementAlexandra Preate, a spokesperson for Bannon, told BI in December 2021 that the documentary about Epstein would be screened "probably around Labor Day." In the 2000s, Trump and Jeffrey Epstein fought over Trump's purchase of a Palm Beach mansion that Epstein coveted. Mark Epstein said Jeffrey Epstein told him he wasn't subpoenaed for any depositions at that time. "You were the only person I was afraid of during the campaign," Bannon told Epstein, according to Wolff's book.

Persons: —, Jeffrey Epstein, Steve Bannon, Bannon, Epstein, Ghislaine Maxwell, Epstein —, Donald Trump's, He's, Kevin McCarthy, Alexandra Preate, Preate, Trump Bannon, Mark Epstein, Jeffrey Epstein's, Donald Trump, Melania Knauss, Jeffrey, Trump, Bannon's, Steve Bannon's, Jacob Shamsian, wasn't, would've, Brett Kavanaugh, Kavanaugh, he's, Mike Lindell, I've, It's, Guo Wengui, Guo —, Ho Wan Kwok, Miles Guo —, Guo, Leon Black, Black, Epstein's, David Bossie, Bobbi Sternheim, Gloria Allred, Arick Fudali, didn't, David Schoen, Brad Edwards, Emma, Jo Morris, Hunter, Morris, Michael Wolff, Wolff, Julie K, Brown, Alexander Acosta, Acosta, Ehud Barak, Reid Weingarten, Rachel Maddow, Gayle King, King, Patrick Semansky, he'd, Diana, Jean Carroll, Bergdorf Goodman, Carroll Organizations: Service, New York, Business, Global, Victory Films, Trump, Capitol, Labor, Daily, Miami Herald, Davidoff, BI, Voting Systems, Apollo Global Management, White, Citizens United, Office, Southern, of, New, Trump White Locations: Manhattan, Paris, Palm Beach , Florida, Mexico, Danbury , Connecticut, Palm Beach, New York, jshamsian@businessinsider.com, JacobShamsian, York, Miami, Florida, Trump

“Anyone who thinks this is over is mistaken,” said one House Democrat about the ongoing conversations happening behind the scenes. The delay stopped a draft letter circulating among House Democrats that, if made formal, would have exposed further cracks in the party. ABC News’ Jonathan Karl reported earlier Wednesday that Schumer told Biden on Saturday that it would be best if Biden bowed out of the presidential race. At one point, Biden told Crow, “I don’t want to hear that crap” in addressing the lawmaker’s concerns. In response, Biden told Houlahan that his team would get her talking points about all of the things that he has done for Pennsylvania, reminding her that he married a Philly girl.

Persons: Joe Biden, –, ”, Donald Trump, Lester Holt, Biden, Nancy Pelosi, “, ” “ He’s, ‘ Kamala can’t, ’, Kamala, “ It’s, “ He’s, Hakeem Jeffries, Chuck Schumer, Adam Schiff, William B, Plowman, Lloyd Doggett of, Biden’s, ‘, Jeffries, Jonathan Karl, Schumer, Joe Biden's, Mike Donlion, Steve Richetti, Jen O'Malley Dillon, Bonnie Cash, Kevin Dietsch, Joe, Andrew Bates, Jason Crow, Crow, Beau, you’ve, Annie Kuster, Chrissy Houlahan, Houlahan, Adam Smith, ” Smith, who’s, “ That’s, ” Biden, David Becker, Mike Levin, Democratic Sen, Chris Coons, CNN’s Pamela Brown, CNN’s Jeff Zeleny, Kayla Tausche, Pamela Brown Organizations: CNN, –, House Democratic Caucus, Democratic, Democrat, NBC, Las Vegas, Trump, Republican National Convention, Democrats, Democratic Party, White, Biden, Democratic National Committee, DNC, Washington D.C, . California Democratic, Capitol, Democratic Caucus, Biden White House, ABC, Democratic Senatorial, Getty, ., U.S, ABC News, Schumer, House Democrats, Colorado Democrat, Army, NATO, Philly, Washington, 115th NAACP National, Congressional Hispanic Caucus, Congressional Progressive Caucus, Congressional Asian Pacific American Caucus, Delaware Democrat Locations: Delaware, Las, Milwaukee, Washington, Lloyd Doggett of Texas, Washington , DC, Washington ,, Afghanistan, Iraq, New Hampshire, Pennsylvania, Las Vegas

☆ LeBron James, Stephen Curry had a ‘healthy resentment’ — the Olympics offer something new
▼ + stars: | 2024-07-17 | by ( Joe Vardon | ) www.nytimes.com time to read: +9 min

ABU DHABI, United Arab Emirates — LeBron James was genuinely thrilled to see Stephen Curry in that Bellagio hotel ballroom in Las Vegas on the eve of Team USA training camp. If they say they want to play for Team USA, they aren’t going to be told no. Advertisement“It’s just cool, I’m not going to lie,” said Tyrese Haliburton, a Team USA guard at the tender age of 24. LeBron James congratulates Stephen Curry after the 2017 NBA Finals. (Jesse D. Garrabrant / NBAE via Getty Images)But from 2015 through 2018, James’ Cavs and Curry’s Warriors met every June in the NBA Finals.

Persons: LeBron James, Stephen Curry, ” James, Curry, James, —, “, ”, Tyrese Haliburton, that’ll, ” Will Haliburton, Jesse D, James ’ Cavs, James ’, Cavs, Cleveland, Kevin Durant, Martin Luther King Jr, Harrison Barnes, Irving, hysterically, ” Curry, ” James nodded, “ There’s, Ethan Miller, Larry Bird, Johnson, Michael Jordan’s, I’m, Isiah, Thomas, Magic, Michael, Barkley, they’ve, Durant, Steph, he’s, Bron, ” Durant, Anthony Davis, Steve Kerr, Dan Goldfarb, Giuseppe Cacase, Joe Murphy Organizations: Paris Games, United, United Arab Emirates, USA, NBA, American Olympic, Olympic, USA Basketball, FIBA, ., Team USA, Golden State Warriors, University of Nevada, Paris Olympics, Davidson, NCAA, Golden State, Warriors, Getty, Curry’s Warriors, Cleveland, ’, ” Locations: ABU DHABI, United Arab, Bellagio, Las Vegas, Akron , Ohio, USA, America, New York, Abu Dhabi, Cleveland, Miami, San Francisco, AFP

CNN —Former Donald Trump White House adviser Peter Navarro was released from a Miami federal prison Wednesday after completing his four-month sentence for defying a subpoena from the January 6 congressional committee. Trump adviser Steve Bannon started serving his four-month sentence earlier this month at a federal prison in Connecticut. Navarro, who is in his 70s, worked as a law library clerk during his time in the prison camp, his prison consultant Sam Mangel told CNN. “It gave him a chance to write.”Mangel said Navarro was liked and respected by his fellow inmates while in the prison. While Navarro was unsuccessful in an emergency appeal to delay his prison sentence, he is now appealing his conviction on the merits.

Persons: Donald Trump White, Peter Navarro, Navarro, Trump, Steve Bannon, Sam Mangel, ” Mangel Organizations: CNN, Donald Trump White House, Miami federal, Republican National Convention, White House Locations: Miami, Milwaukee, Connecticut, Puerto Rican

WASHINGTON — House Speaker Mike Johnson and other top Republicans are calling for the resignation of Secret Service Director Kimberly Cheatle days after a gunman tried to assassinate former President Donald Trump at a Pennsylvania rally. FBI Director Christopher Wray, Deputy Director Paul Abbate, as well as Secret Service Deputy Director Ronald Rowe are on the list of briefers. The most critical, perhaps, is why was the roof of a building within 150 yards of Trump was not secured by the Secret Service or local law enforcement. They also want to know why Secret Service snipers on another roof in the area didn't engage the shooter until after Crooks had fired multiple times. I am the director of the Secret Service."

Persons: Mike Johnson, Kimberly Cheatle, Donald Trump, …, Johnson, Steve Scalise, Cheatle, Thomas Matthew Crooks, Trump, Christopher Wray, Paul Abbate, Ronald Rowe, Crooks, Anthony Guglielmi Organizations: Republican National Convention, WASHINGTON —, Fox News, Trump, Democrats, Lawmakers, Service, ABC News, NBC News, SWAT, Secret, Secret Service Locations: Milwaukee , Wisconsin, U.S, Pennsylvania, Milwaukee, Butler , Pennsylvania

☆ A rare and massive ranch near Aspen is for sale for $150 million — but there's a catch. Take a look.
▼ + stars: | 2024-07-17 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +3 min

Read previewA 3,720-acre ranch in Snowmass, Colorado — a ski town 15 miles north of Aspen — is on the market for $150 million. This story is available exclusively to Business Insider subscribers. Somebody will sit there and go, 'Wow, there's nothing like this,'" Mirr told Business Insider. AdvertisementMirr, of Mirr Ranch Group, shares the listing with Michael Latousek of Douglas Elliman. But Pitkon County, where Snowmass and Aspen are located, won't let large developments be built without scrutiny.

Persons: —, Ken Mirr, Mirr, Michael Latousek, Douglas Elliman, Thomas Keating, Benedict's, Thomas Peterffy, Steve Wynn Organizations: Service, Business, Mirr Ranch, Conference, Aspen Institute, Aspen Ideas, Street Locations: Snowmass , Colorado, Aspen —, Benedict's, Pitkon County, Aspen

☆ US military ends troubled temporary pier mission off Gaza coast
▼ + stars: | 2024-07-17 | by ( Haley Britzky | Natasha Bertrand | ) edition.cnn.com time to read: +4 min

CNN —The US military is ending its temporary pier mission off the Gaza coast that has been plagued with challenges after roughly 20 days of operational use, as humanitarian aid begins being brought in through an Israeli port instead. Cooper said the pier was operational for “a little more than 20 days” and delivered 19.4 million pounds of aid. The US military will continue to help deliver the remaining aid from Cyprus to Ashdod, Cooper said. “A temporary pier would enable a massive increase in the amount of humanitarian assistance getting into Gaza every day,” Biden said. During the same storm, four US Army vessels supporting the pier were washed ashore on beaches in Gaza and Israel.

Persons: ”, Brad Cooper, redeploy, Cooper, Israel —, Joe Biden, “, ” Biden, Steve Taravella, Sonali Korde, Jennifer Hansler Organizations: CNN, US Central Command, US Army, Brooke Army Medical Center, Food, Food Programme, Bureau, Humanitarian Locations: Gaza, Cyprus, Ashdod, Israel, San Antonio , Texas

☆ Thomas Crooks, Donald Trump, and the Banality of Gun Violence - The New York Times
▼ + stars: | 2024-07-17 | by ( David Wallace-Wells | ) www.nytimes.com time to read: +2 min

Eleven of the last 12 American presidents have endured an assassination attempt or a plot against their lives. The same is true for 20 of the country’s 45. Most of the recent plots have been foiled early, making the indelible image of Donald Trump fist-pumping in Pennsylvania seem like an atavistic monument or an ominous portent or perhaps both. And though we may describe the stochastic terror of the past decade in terms of ugly bumper stickers and reckless speeches, there has been real violence, not just incitement. “No political party, movement, ideology or manner of thinking has had an absolute monopoly on this violence, and it really hasn’t mattered whether the surrounding political atmosphere was aggressive or docile,” Dayen wrote.

Persons: Donald Trump, David Dayen, Gerald Ford, Ronald Reagan, Bill Clinton’s, Barack Obama’s, Donald Trump’s, Gabrielle Giffords, Steve Scalise, hasn’t, ” Dayen, “ Organizations: The, White, Financial Times, Republican National Convention Locations: Pennsylvania

☆ Emmy Nomination Snubs: John Mulaney, ‘The Curse’ and More
▼ + stars: | 2024-07-17 | by ( Mike Hale | More About Mike Hale | ) www.nytimes.com time to read: +1 min

Surprise: Idris ElbaThe lead acting categories were virtually surprise free, which makes sense when you consider that the comedy series and drama series categories were even more surprise free. The one really unexpected nomination was for Elba’s performance as a professional negotiator trying to get a hijacked airliner safely to the ground in the surprisingly popular Apple TV+ potboiler “Hijack.” Never bet against Stringer Bell. (Performers who were thought to have a better chance included Cosmo Jarvis for “Shogun” and Colin Farrell for “Sugar.”)Snub: Kelsey GrammerIf there were a category for Lead Actor in a Comedy Rebooted After 20 Years, Grammer would have been a shoo-in for “Frasier” on Paramount+. Snub: A few people in ‘The Bear’ and ‘Shogun’“The Bear” received the most comedy nominations ever in a single year and on the drama side, “Shogun” received the most of any series this year. As well as FX’s presumptive winners in their series categories did, however, they did not sweep the nominations to quite the extent they could have: Oliver Platt and Matty Matheson of “The Bear” did not receive bids for comedy supporting actor and Moeka Hoshi and Fumi Nikaido of “Shogun” were shut out for drama supporting actress.

Persons: Idris Elba, Stringer Bell, Cosmo Jarvis, ”, Colin Farrell, “, Kelsey Grammer, Grammer, Frasier ”, D’Pharaoh Woon, Matt Berry, Larry David, Jeremy Allen White, Steve Martin, Martin, ’, Shogun ”, Oliver Platt, Matty Matheson, Moeka Hoshi Organizations: Apple, Paramount Locations: Indigenous Oklahoma, “

☆ Labour's gains in London have private equity looking to exit — the country
▼ + stars: | 2024-07-17 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +5 min

Some of the proposals squarely take aim at the country's private equity sector, which, despite Britain's exit from the European Union, has maintained its stature as the regional hub for deal-making. "Private equity is the only industry where performance-related pay is treated as capital gains," the manifesto says. In practice, that would mean taxing carried interest, or the profits paid to private equity and hedge fund managers, as income. Labour's ascent comes at a precarious time for the private equity sector more broadly. "London has been the pulpit for financial services, private equity and investors in Europe for a long time," said Mark Veldon, a private equity partner at financial advisory and global consulting firm AlixPartners.

Persons: Big Ben, Keir Starmer, Lars Faeste, Faeste, Starmer, Marco Cerrato, he's, Giorgia Meloni, Cerrato, Steve Cohen's, Milan, Mark Veldon Organizations: Westminster, Nurphoto, Getty, Labour Party, Labour, Channel, European Union, Consulting's EMEA, CNBC, Capstone Investment, Management, Eisler, London, Labour Government Locations: London, Europe, Spain, Italy, Milan

☆ Live Election Updates: Harsh Rhetoric on Biden and the Border Dominates R.N.C.
▼ + stars: | 2024-07-17 | by ( Michael C. Bender | Maggie Astor | ) www.nytimes.com time to read: +8 min

“I just want to make sure those snakes and the liars don’t get those positions of power,” the younger Mr. Trump said. “My biggest role is just making sure that we have an America First, a MAGA bench for the future,” the younger Mr. Trump said. Image Donald Trump Jr. at the R.N.C. Mr. Kirk credits the size of his multimillion-dollar conservative advocacy group in part to the younger Mr. Trump’s support. “I expect nothing less from you clowns,” Donald Trump Jr. told the reporter.

Persons: J.D, Vance, Donald Trump Jr, Donald J, Trump, Don, ”, Charlie Kirk, MAGA, don’t, “, Ivanka Trump, Jared Kushner, Maddie McGarvey, ” Mr, Steve Daines, Daines, Mr, Damon Winter, Don Jr, Kirk, “ Don Jr, —, ’, Evander Holyfield, applauds, Kenny Holston, Eric, ” Donald Trump Jr, Sean Hannity, Hannity, ” Don Jr, Maggie Haberman Organizations: Republican, Convention, Republican National Convention, Trump White House, White, The New York Times, Republican Party, Trump, Republicans, National Republican Senatorial Committee, New York Times, PAC, Red Bulls, ., Fox News Locations: Ohio, Montana, Milwaukee

☆ The Mirage closes in Las Vegas to make way for Hard Rock Guitar Hotel
▼ + stars: | 2024-07-17 | by ( Contessa Brewer | ) www.cnbc.com time to read: +5 min

Hard Rock International (HRI) will close the resort on July 17, 2024, to begin a construction project to transform the property into the Hard Rock Hotel & Casino and Guitar Hotel Las Vegas by 2027. Hard Rock International (HRI) will close the resort on July 17, 2024, to begin a construction project to transform the property into the Hard Rock Hotel & Casino and Guitar Hotel Las Vegas by 2027. Rendering of proposed future Guitar-shaped hotel tower at the Hard Rock Hotel &Casino Las Vegas. Credit: Renderings courtesy of Hard Rock InternationalHard Rock will model its Las Vegas renovation on its highly successful Guitar Hotel at Seminole Hard Rock Hollywood in South Florida. Rendering of proposed future Guitar-shaped hotel tower at the Hard Rock Hotel &Casino Las Vegas.

Persons: Jim Allen, CNBC he's, Steve, Elaine Wynn, Allen, Ethan Miller, Steve Wynn, Wynn, hearken, Michelangelo's David, Joe Stauff, Stauff Organizations: Rock, CNBC, Casino, Hotel, Getty, Las Vegas, Paris Las Vegas, Eiffel, MGM Resorts, VICI, Las, Sunshine, Susquehanna, MGM, Caesars, MGM Resorts International Locations: Las Vegas, Las Vegas , Nevada, Vegas, America, Luxor, New York, Paris, Florida, Atlantic City , New Jersey ; New York, Seminole, Casino Las Vegas ., South Florida

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