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☆ A 33-year-old self-made millionaire shares the 2-part 'financial freedom road map' that helped him build wealth
▼ + stars: | 2024-10-12 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +8 min

Erik Smolinski shares the 'road map' he used to build wealth and achieve financial independence. He also provides steps anyone can take to build wealth, starting with opening a brokerage account. Part 1: Understand 3 'wealth levers'According to Smolinski, there are three "wealth levers" that you have to use in order to build wealth. Next, link your bank account to your brokerage account and initiate your first transfer. Over time, you'll learn to live without the chunk of money you're setting aside for your future.

Persons: Erik Smolinski, —, Smolinski, that's, you've, I'm Organizations: Service, Marine Corps

☆ Iran's attacks on Israel suggest ballistic missiles are an overhyped threat
▼ + stars: | 2024-10-12 | by ( Michael Peck | ) www.businessinsider.com time to read: +8 min

But after launching hundreds of ballistic missiles at Israel in two separate barrages, what has Iran to show for it? The October strike by 180 ballistic missiles saw a higher percentage of rockets penetrate defenses. All of which raises a question: is the danger of ballistic missiles overhyped? In 2015, Iranian-backed Houthi rebels in Yemen began a bombardment campaign against Saudi Arabia that included ballistic missiles. Ilia Yefimovich/picture alliance via Getty ImagesIt is not that conventional ballistic missiles aren't lethal, especially the modern versions.

Persons: —, Hitler, Ilia Yefimovich, doesn't, Michael Peck Organizations: Service, Israeli Air Force, Soviet Union, British, Fortress, Getty, Minuteman, Soviet, Patriot, Aegis, Allied, South, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Israel, Ukraine, Iran, Britain, Jordan, Nazi Germany, Western Europe, British Lancaster, Iraq, Iranian, Yemen, Saudi Arabia, America, Russia, Nodong, Tehran, Europe, Berlin, North Vietnam, South Vietnam, Lebanon, Gaza, Forbes

☆ Helene and Milton put this net-zero, hurricane-proof community to the test. The lights stayed on as everything else went dark
▼ + stars: | 2024-10-12 | by ( Rachel Ramirez | ) edition.cnn.com time to read: +7 min

Most of the residents living in Hunters Point heeded the mandatory evacuations ahead of Hurricane Milton’s landfall but Fulford, 76, stayed behind with wife, Sueann, just as they did during Hurricane Helene last month. The storm obliterated vast parts of Florida, including the surrounding areas of Hunters Point like Anna Maria Island and Bradenton. Rebecca Blackwell/APMilton knocked out power for more than 2.5 million customers across the state, including in Manatee County, where Hunters Point homes are located. Julian Quinones/CNNWhen Gobuty started the design process for Hunters Point, it was imperative the homes be able to withstand Category 5 hurricanes. Instead, Milton drove the worst storm surge across a 65-mile stretch of coast between Siesta Key and Fort Myers Beach.

Persons: William Fulford, Fulford, Milton, Sueann, Helene, “ I’m, ” Fulford, Anna Maria, Hurricane Milton, Maria, Rebecca Blackwell, AP Milton, ” Marshall Gobuty, ”, Julian Quinones, Gobuty, there’s, ” Gobuty Organizations: CNN, Bradenton, Pearl Homes, Hurricanes, AP, Fort Myers Locations: Virginia Beach , Virginia, South Florida, Sarasota Bay, Tampa Bay, Bradenton Beach, Fulford, Siesta, Florida, Bradenton, St . Petersburg, Pines, Park, Maria Island , Florida, Manatee County, Milton, Virginia, Fort Myers Beach

☆ Federal Aviation Administration approves SpaceX Starship 5 flight
▼ + stars: | 2024-10-12 | by ( ) www.cnbc.com time to read: +2 min

The Federal Aviation Administration approved a license on Saturday for the launch of SpaceX's Starship 5 set for Sunday after earlier saying it did not expect to make a decision until late November. SpaceX is targeting Sunday for the launch and said a 30-minute launch window opens at 7:00 a.m. CT. The FAA said on Saturday SpaceX had "met all safety, environmental and other licensing requirements for the suborbital test flight" for the fifth test of the Starship and has also approved the Starship 6 mission profile. The Starship spacecraft and Super Heavy rocket are a fully reusable system designed to carry crew and cargo to Earth orbit, the Moon and beyond. On Friday, the FAA approved the return to flight of the SpaceX Falcon 9 vehicle after it reviewed and accepted the SpaceX-led investigation findings and corrective actions for the mishap that occurred Sept. 28.

Persons: Elon Musk, Musk, Mike Whitaker Organizations: Federal Aviation Administration, Reuters, FAA, SpaceX, Super Locations: Boca Chica , Texas, Australia

☆ I've spent over $10K on friends' weddings in 2.5 years. Anyone who puts you in a hard financial situation isn't a good friend.
▼ + stars: | 2024-10-12 | by ( Jane Zhang | ) www.businessinsider.com time to read: +10 min

Shannon Detrick has spent over $10,000 for friends' weddings and bachelorette parties since 2022. And that doesn't even include the four weddings for which we've been guests but not part of the wedding party. At the wedding, most of the members of our wedding party stayed for free in the big house on the wedding venue's property. There's also the issue of budgeting time off to attend friends' weddings — it starts to add up. That can be really, really challenging.

Persons: Shannon Detrick, —, I've, That's, we've, it's, It's, wasn't, we're, There's, she's, could've, I'm, Jane Zhang Organizations: Service Locations: Sacramento , California, Palm Springs, Miami, New Orleans, Denver, Maine, California, Sonoma

☆ Kremlin confirms Trump sent Russia Covid-19 tests, after former president denied Bob Woodward claim
▼ + stars: | 2024-10-11 | by ( Rob Picheta | ) edition.cnn.com time to read: +4 min

The Trump administration “sent us several samples of test kits,” Kremlin spokesperson Dmitry Peskov told reporters on Thursday, broadly supporting Woodward’s claim. Many countries were doing the same.”The Kremlin’s response seemingly contradicts Trump’s denial of Woodward’s claims. In a statement, Trump spokesman Steven Cheung said Trump gave Woodward “absolutely no access” for the book. Citing a Trump aide, Woodward also reported that there have been “maybe as many as seven” calls between Trump and Putin since Trump left the White House in 2021. Woodward’s claims once again throw scrutiny on Trump’s relationship with Putin, weeks before the US presidential election.

Persons: Donald Trump, Bob Woodward’s, Vladimir Putin, Trump, “, Dmitry Peskov, Woodward, Trump “, Putin, Abbott, ”, ” Putin, ” Trump, ” Peskov, he’s, Steven Cheung, Woodward “, Bob Woodward, Peskov, ventilators, Woodward’s, Kamala Harris, Howard Stern, You’re, ” Harris, Elon Musk Organizations: CNN, Trump, ABC News, Putin, White House, Trump White, Kremlin, Democratic, “ Locations: Russia, United States, Woodward, Moscow, Ukraine

☆ Charli XCX made $10 million off her 'Brat summer.' Now that it's fall, can she keep the momentum?
▼ + stars: | 2024-10-11 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +7 min

The picturesque event marked the official transition from "Brat summer" to "Brat autumn." We were there to celebrate "Brat and It's Completely Different But Also Still Brat," a remixed version of, you guessed it, "Brat," Charli's sixth studio album and bonafide phenomenon. Charli XCX threw a listening party to celebrate the release of her "Brat" remix album. Related storiesThe remix album rollout proves that 'Brat' can outlast the changing seasonsThe "Brat summer" campaign was clever and undeniably successful — not to mention lucrative. Charli herself has acknowledged this, posting "goodbye forever brat summer" on X (formerly Twitter) on Labor Day.

Persons: Charli XCX, —, Charli, Henry Redcliffe, Troye Sivan, Barack, she'll, Jenna Adler, Henry Redcliffe That's, Charli could've, It's, Mark di Suvero, Alexander Calder, Ariana Grande, Storm King Organizations: Storm King Art Center, Service, Pitchfork, Storm, Billboard, CAA, Labor Locations: New York, Hudson Valley, Madison, Los Angeles, Manhattan, Brooklyn

☆ When Europe’s railroad dining cars were the height of luxury
▼ + stars: | 2024-10-11 | by ( Oscar Holland | ) edition.cnn.com time to read: +11 min

The most luxurious experience of them all, however, could be found in the dining car. The latter was the first train car to offer on-board meals, including regional specialties like gumbo, which were prepared in a 3-foot-by-6 foot kitchen. By the 1870s, dining cars could be found on sleeper trains across North America. But this decentralized production model also contained the seed of dining car’s ultimate demise. And despite a revival of interest in train travel on the continent, dining cars (or certainly those equipped with kitchens) are now largely the preserve of tourist services.

Persons: —, impeccably, Henri Opper de Blowitz, Francois Guillot, Graham Greene, Agatha Christie, Charles Dickens, George Pullman, ”, Pullman, Georges Nagelmackers, Arthur Mettetal, “, René Prou, glassmaker, ” —, Mettetal, ” Mettetal Organizations: CNN, Orient Express, Gare de, Getty, New, Compagnie Internationale des, Orient, Nord, Express, “, Pullman, Deco, Italy —, Bettmann, SNCF, Documentation Department Locations: Gare, Gare de l’Est, Paris, Europe, Constantinople, Istanbul, AFP, Britain, America, New York, North America, Belgian, Saint Petersburg, Lisbon, France, North Africa, East, London, Vichy, Switzerland, Italy, Toulouse

Wiles then made the formal request for additional security with acting Secret Service Director Ronald Rowe on September 30, according to an email reviewed by CNN. The requests from Trump’s campaign also include access to Camp David vehicles for Trump’s primary motorcade as well as access to other military assets, such as drones with thermal monitoring. Security resources are also often determined on a case-by-case basis, one administration official said. The Secret Service has increased its presence around Trump, adding members to his detail and taking extra precautions, often traveling with a counter assault team. Secret Service agents previously assigned to desk jobs or other posts also have also been brought into the rotation to protect Trump.

Persons: Donald Trump’s, crisscrosses, Joe Biden, – “, “ I’ve, …, ” Biden, Susie Wiles, Jeff Zients, Wiles, Ronald Rowe, David, encase Trump, Trump, Anthony Guglielmi, ” Guglielmi, Guglielmi, “ Organizations: Washington CNN, CNN, Trump, Service, Secret Service, Department of Homeland Security, Department of Defense Locations: Iran, United States, Trump’s Florida, Pennsylvania

☆ 5 mistakes to avoid making at a work happy hour, according to an etiquette coach
▼ + stars: | 2024-10-11 | by ( Alyshia Hull | ) www.businessinsider.com time to read: +5 min

She recommended being mindful of how much alcohol you're consuming at work events. AdvertisementHeading to happy hour with your colleagues and boss can be fun, but it can also be a tricky social scene to navigate. Dressing inappropriately can be seen as unprofessionalMeier said another common mistake people make at happy hour involves how they dress. AdvertisementLimit physical contact to a handshakeIt's best to remain professional and avoid physical contact beyond a handshake. Related stories"If you wouldn't usually hug a colleague, I personally would avoid hugging a colleague in a happy hour environment," Meier said.

Persons: —, it's, Myka Meier, Meier, It's Organizations: Service

☆ Tom Phillips: Fugitive father on the run with 3 children in one of the world’s wildest regions
▼ + stars: | 2024-10-11 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +11 min

A teenage hunter filmed four people believed to be Thomas Phillips and his children on October 3. Instead, his grandson filmed them on his phone, providing the first proof of life of the missing Phillips children that their mother Cat has seen since they left. Police released video purportedly of Thomas Phillips shopping at a hardware store in August, 2023. “We’re talking very, very deep bush and rugged countryside.”Police suspect Thomas Phillips and a child of breaking a shop window in November 2023. This is the first apparent sighting of Thomas Phillips with his children since they vanished in December 2021.

Persons: Thomas Callam Phillips, Ember, Jayda –, Phillips, Thomas Phillips, John McOviney, ” McOviney, ”, Lance Burdett, “, Max Baxter, Baxter, “ Tom, Peter Jackson’s “, ” Phillips, New Zealand Police It’s, he’d, …, Jayda, “ Ember, Jubilee Dawson, “ Jayda, she’s, ” Dawson, Dawson, Kuiti, Police Burdett, ” Burdett, “ They’re, Tom, Waikato Police Burdett, Let’s, Mayor Baxter, they’ve, John McOviney McOviney, Thomas Organizations: CNN, New Zealand police, Police, New Zealand Police, TVNZ, Facebook, Ember . New Zealand Police, New Zealand, ANZ, New, Waikato Police, Zealand Police, ” “ Police Locations: Marokopa, Otorohanga, Marokopa , New Zealand, Ember ., Waikato, ”

☆ Florida man who refused to leave his $1.25 million 'hurricane-proof' home said it was basically unharmed
▼ + stars: | 2024-10-11 | by ( Dan Latu | ) www.businessinsider.com time to read: +4 min

William Fulford chose to stay in his $1.25 million Tampa Bay-area home in Hurricane Milton's path. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. The storm came through and we were about 15 miles from the eye of it. The solar power kicked in when the city's grid went out, and we're still running on solar right now.

Persons: William Fulford, —, homebuilder, Fulford, Helene Organizations: Tampa, Service Locations: Cortez , Florida, downtown Tampa, Hurricane Milton, Bradenton

☆ Pharmacy deserts are appearing across U.S. as drug stores closures spread
▼ + stars: | 2024-10-11 | by ( Kevin Williams | ) www.cnbc.com time to read: +12 min

"As long as the big three PBMs go unchecked, more pharmacy deserts will appear," Rochol said. Between 2023 and 2024, independent pharmacies in the CVS Caremark pharmacy network were reimbursed 67.5% higher on average than CVS Pharmacy locations, and 51.9% higher than other chain pharmacies in the state. The CVS spokesman also said that CVS pharmacies are not all serviced by Caremark, working with over 70 different PBMs. "There are unfortunately many factors for pharmacy closures in rural areas, including population declines and the growing use of online pharmacies." But Banas believes the pharmacy deserts will only grow, and lead to an increase the number of apps and digitization.

Persons: Rochol, Miranda Rochol, Health —, —, Joyce Dingman, wasn't, Nickerson, David Nickerson, Tim Wentworth, Greg Lopes, Steven C, Anderson, Colin Banas, Banas, it's, Tamera Hughes, Hughes, Rob Anderson Organizations: FTC, Health, Federal Trade Commission, Aids, Rite Aid, CVS, Walgreens, Cigna, Walgreens Boots, CVS Pharmacy, Caremark, Pharmaceutical Care Management Association, National Community Pharmacists, National Association of Chain Drug, U.S, Congress, Amazon, University's, of Pharmacy, Pharmacists, Aid Locations: United States, PBMs, New Lebanon, Ohio, Dayton, New Lebanon's, Rust, New Lebanon , Ohio, Georgia, NACDS

☆ Judge scrutinizes Boeing plea deal and will decide case ‘soon’
▼ + stars: | 2024-10-11 | by ( Reuters | Chris Isidore | ) edition.cnn.com time to read: +6 min

Boeing agreed in July to plead guilty to conspiring to defraud regulators. Prosecutors arrived at the plea agreement after an extensive investigation and a series of meetings with the families, prosecutors said. He argued the judge should accept the plea agreement. The Justice Department argued that the penalties Boeing agreed to were the most serious available. During a three-year probationary period that followed, Boeing agreed to improve its quality issues and transparency with the government.

Persons: Max, Reed O’Connor, Judge O’Connor, Paul Cassell, ”, ’, Sean Tonolli, Department’s, Boeing “, ” Mark Filip, “ Organizations: New, New York CNN, Boeing, US Justice Department, Prosecutors, Justice Department, Alaska Airlines, Department, Federal Aviation Administration, FAA Locations: Fort Worth , Texas, New York, United States, Alaska

☆ 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

☆ The TSA says it confiscates an average of 18 firearms a day at airports, and over 90% of them are loaded
▼ + stars: | 2024-10-11 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

The TSA found over 5,000 firearms at airport checkpoints in the first nine months of 2024. AdvertisementMore than 5,000 firearms were found at airport security checkpoints in the first nine months of this year, the Transportation Security Administration said this week. Firearms can only be transported in checked bags and can't be brought through TSA security checkpoints. In 2023, 6,737 firearms were detected at TSA checkpoints, a record, beating the previous maximum of 6,542, which occurred in 2022. From July to September this year, the TSA detected 7.5 firearms for every million passengers it screened.

Persons: David Pekoske, — Organizations: TSA, Service, Transportation Security Administration Locations: Caicos

“There’s a lot of cleanup that needs to be done, but I expected worse,” said 59-year-old Michelle Simmons, who rode out the storm Wednesday in her third-floor Sarasota apartment. And 53-year-old Maurice Williams said he was glad he heeded the advice of local officials and evacuated from Sarasota before the storm swept through town. “We kind of got lucky,” Williams said. “This is Florida,” Roxby said. “We are so lucky and relieved.”Matt Lavietes reported from Sarasota and Corky Siemaszko from New York City.

Persons: John, “, ”, Michelle Simmons, Simmons, it’s, ” Simmons, “ I’m, we’re, ” Milton, Ron DeSantis, ” DeSantis, Hurricane Helene, Sandra Tapfumaneyi, Milton, Maurice Williams, Williams, ” Williams, we’ve, Tim Roxby, ” Roxby, Roxby, Steve Stevens, ” Stephens, I’m, there’s, Elena Ianakiev, Helene, ‘, ’ ”, ” Matt Lavietes, Corky Siemaszko Organizations: Ringling Museum of Art, Sarasota Opera House, Florida Gov, Emergency, Sarasota Herald - Tribune, Sarasota Locations: SARASOTA, Fla, Hurricane Milton, Sarasota, Venice, South Venice, Englewood, Siesta, Florida, North Carolina, Sarasota Bay, New York City

☆ Everything our editors bought for Amazon October Prime Day 2024
▼ + stars: | 2024-10-10 | by ( Aksha Mittapalli | Aksha Mittapalli Is An Editorial Intern For Select On Nbc News. She Is A Senior At Nyu | Double Majoring In Journalism | ) www.nbcnews.com time to read: +17 min

Whether we're stocking up on familiar favorites or taking advantage of big discounts, NBC Select editors made good use of Prime Day. Below are all the products we added to our carts this October Prime Day. I never don’t have extra bottles in my apartment and I always like to stock up on it during Prime Day. I always buy basics on Prime Day, so this was a no-brainer to throw in my cart last minute. To round up this list, I asked editors what they bought for Prime Day and why they bought each product.

Persons: – Lindsay Schneider, – Mili, La, I’ve, – Cory Fernandez, bobby pins, – Lauren Swanson, they’re, Mili, Zoe Malin, – Rebecca Rodriguez, – Aksha, – Bianca Alvarez, Ana Luisa, Anker, Aksha, – Ella Morrissey, – Nikki Brown, Rosalie Sparaco, It’s comfy, they’ve, – Ashley Morris, – Zoe Malin, – Jordan Bowman, I’m, TikTok Organizations: NBC, La Roche, Apple, Amazon, July’s, Prime, Facebook, Twitter Locations: Poppi

TAMPA, Fla. — 54-year-old Joseph Malinowski, who has been dubbed “Lieutenant Dan” on social media, has survived record-breaking Hurricane Milton on his 20-foot sailboat. As Hurricane Milton was bearing down on Tampa, Malinowski posted to his social media account to soothe his newfound audience’s worries, even as his boat rocked and shaked against increasing wind and rain. “I’m doing great!” he told NBC News on Wednesday around 7 p.m., approximately two hours before the storm was set to make landfall. "Lieutenant Dan" on his boat Wednesday in Tampa. “I’m going to go back to doing my regular thing, which I think is pretty inspirational,” he told NBC News.

Persons: Joseph Malinowski, Dan ”, Milton, Malinowski, Terrence Concannon, Hurricane Helene, Hurricane Milton, ”, — Malinowski, “ I’m, Dan, Spencer Platt, I’m, ” “, “, “ Everything’s, Forrest Gump, weren’t, Ross, ” Malinowski, he’s, Concannon, ” Matt Lavietes, Sophia Pargas Organizations: Hurricanes, Hurricane, NBC, NBC News, Tampa Police Department, University of Tampa senior, Police Locations: TAMPA, Fla, Tampa, New York City

Check out our main Prime Day deals hub for sales, broken down into categories like tech, home and kitchen, style and beauty, and more. View at Amazon What we like Check mark icon A check mark. Easy-to-use Alexa voice controlCheck mark icon A check mark. This is a relatively new product on the market, and we're seeing the first ever sale during Prime Day. Check out our roundup of all of the best Prime Day deals , or browse Amazon's website for the full selection.

Persons: Dyson, Rocco, seltzer Organizations: Business, Deal, Samsung, Alexa Voice, Amazon, Shark, Dyson, Upright, Amazon Philips, Philips, Amazon Samsung

☆ TD Bank falls 8% after it faces $3 billion fine and growth caps over charges of enabling fentanyl-linked money laundering scheme
▼ + stars: | 2024-10-10 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

TD Bank shares fell 8% after it pleaded guilty to anti-money-laundering charges and agreed to pay a $3 billion fine. The charges involved a scheme by Chinese cartels bribing TD employees at bank branches in New York and New Jersey. The penalty is the largest ever anti-money laundering fine imposed on a bank by US officials. The bank cannot grow past its current $370 billion in asset size for as long as the asset cap is in place. The charges stem from an investigation that revealed TD Bank didn't have proper anti-money laundering practices in place.

Persons: —, Wells Fargo, Michael Hsu, FinCEN, Bharat Masrani, Masrani Organizations: Bank, Service, TD Bank, HSBC, Department of Justice, Federal Reserve, OCC Locations: New York, New Jersey, Canada

☆ My family spent Hurricane Milton at Disney. We weren't allowed to leave our hotel rooms at night, but meals were discounted.
▼ + stars: | 2024-10-10 | by ( Jane Ridley | ) www.businessinsider.com time to read: +4 min

Sandra Guadarrama-Baumunk and her family holed up at a Disney resort hotel during Hurricane Milton. I was already in my pajamas when the fire alarm at our Disney Resort hotel went off at 9:30 p.m. on Wednesday. Hurricane Milton was predicted to strike in the early hours of the morning, and guests were instructed to be in their rooms by 8:30 p.m. for safety reasons. AdvertisementGuadarrama-Baumunk and her family with Tigger at their resort hotel at Disney World. AdvertisementDo you have an interesting story about Hurricane Milton to share with Business Insider?

Persons: Sandra Guadarrama, Hurricane Milton, —, We'd, Helene, Milton, they'd, Tigger, Disney, we'd, Brian, Mia, Jeremy, It's Organizations: Disney, Service, Disney Resort, Hurricane, Business Locations: Hurricane, Florida, Phoenix, Sofia

☆ Microsoft announces new AI tools to help ease workload for doctors and nurses
▼ + stars: | 2024-10-10 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +4 min

The tools aim to help health-care organizations build AI applications quicker and save clinicians time on administrative tasks, a major cause of industry burnout. The new tools are the latest example of Microsoft's efforts to establish itself as a leader in health-care AI. Courtesy of MicrosoftMicrosoft also announced a new way for health systems to build AI agents. AI agents vary in complexity, but they can help users answer questions, automate processes and perform specific tasks. For example, a health-care organization could build an AI agent to help doctors identify relevant clinical trials for a patient.

Persons: Mary Varghese Presti, we're, Sara Vaezy, Hadas Bitran Organizations: Microsoft, Microsoft Health, Life Sciences, Health, Providence Health & Services, CNBC, AI, Microsoft Microsoft, Microsoft Copilot Locations: Providence

☆ TD Bank hit with record $3 billion fine over drug cartel money laundering, source says
▼ + stars: | 2024-10-10 | by ( Jordan Valinsky | Matt Egan | ) edition.cnn.com time to read: +3 min

New York CNN —TD Bank will pay $3 billion to settle charges that it failed to properly monitor money laundering by drug cartels, regulators announced Thursday. TD also intends to pay $1.8 billion to the US Justice Department and plead guilty to resolve the US government’s investigation that the bank violated of the Bank Secrecy Act and allowed money laundering. The US Department of Justice said in a statement that TD Bank had “long-term, pervasive, and systemic deficiencies” in its procedures of monitoring transactions. TD Bank declined to comment on the fine, but the bank plans to hold a call with investors later on Thursday. TD Bank’s (TD) US-listed shares slumped 5% as investors brace for higher legal expenses and weaker growth.

Persons: FinCEN, TD Bank’s, ” John Aiken, “, Allen Stanford Organizations: New, New York CNN —, Bank, US Treasury Department’s, US Justice Department, US Department of Justice, Street Journal, TD Bank, Jefferies, ”, Justice, Treasury, CNN Locations: New York

☆ He flies business and first class multiple times a year — all on credit card points
▼ + stars: | 2024-10-10 | by ( Lim Hui Jie | Jan Camenzind Broomby | ) www.cnbc.com time to read: +4 min

A business class ticket can cost up to five times more than an economy ticket on Singapore Airlines — and a whopping 13 times more for a first-class one. A business class ticket jumps to SG$6,300, and a first-class ticket just over SG$13,000. Aaron Wong, who flies first and business class when he travels, says: "You don't need to be rich to enjoy such things." However, it's not as simple as just picking up any mile-earning credit card and spending a bunch of money, he said. For example, in Singapore, points earned on DBS credit cards can be combined, but credit cards from Citibank Singapore don't work that way.

Persons: —, Aaron Wong, Wong, it's, Miles Organizations: Singapore Airlines —, Singapore Airlines, Singapore Changi, Cape Town, DBS, Citibank Singapore don't Locations: Singapore, London, Tokyo Haneda, Perth, Cape

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