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☆ The Promise of Weight-Loss Drugs
▼ + stars: | 2024-06-24 | by ( Dani Blum | ) www.nytimes.com time to read: +2 min

In the past two years, Ozempic has become a synonym for weight loss. Ozempic was weight loss; weight loss was Ozempic. Scientists believe the drugs are about to revolutionize several fields of medicine, such as cardiology and endocrinology. If these trials prove successful, the drugs may extend many lives by years, save billions in medical costs and divide public health into before-and-after epochs. These drugs, called GLP-1s (glucagon-like peptide 1 receptor agonists), mystify even the scientists who study them.

Persons: Ozempic, slimmed, we’ve, mystify Organizations: Food and Drug Administration

☆ Our contributors rewatched the 2020 Biden-Trump debates for clues. Here’s what they predict will happen Thursday
▼ + stars: | 2024-06-24 | by ( Cnn Opinion | ) edition.cnn.com time to read: +27 min

Kate Bedingfield served as White House communications director in the Biden administration and was the deputy campaign manager on Biden’s 2020 presidential campaign. That contentious exchange during the 2020 debate put Biden on the defensive. A President Trump might make their decisions about retirement that much easier. David Urban, a CNN political commentator, served as an adviser to then-President Trump’s 2020 re-election campaign. On Thursday, President Biden needs to do it again.

Persons: isn’t, Joe Biden’s, Donald Trump’s, —, Stephanie Griffith, Scott Jennings, Trump, Donald Trump, Joe Biden, Biden, counterpunched Biden, CNN Trump masterfully, ” Scott Jennings Trump, mightily, George W, Bush, Sen, Mitch McConnell, Sophia A, Nelson Stephanie Honikel, Chris Wallace, Wallace, Trump’s, it’s, Nelson, It’s, Kate Bedingfield, Donald Trump Kate Bedingfield, Shermichael Singleton, Bill Clinton’s, James Carville, “, Democratic Barack Obama, they're, aren’t, “ It’s, David Axelrod, people’s, ” Biden, jibing Trump, ”, Barack Obama, Obama, David Urban, Amy Coney Barrett, Amy Coney Barrett's, Roe, Wade, Ronald Reagan, Bill Clinton, Reagan, Clinton, ” David Urban, Dobbs, Lady Jill Biden, Samuel Alito, Clarence Thomas, Bakari Sellers, Abraham Lincoln, chokeholds, Emmett Till, HBCUs ? Biden, Hilary Krieger Organizations: CNN, White, Biden, Scott Jennings CNN, Trump, Democratic, Republican, RunSwitch Public Relations, Capitol, GOP, Republican Government Reform, White House, NBC, Marist, Fox News, Global, Senate, United, Appeals, Federalist Society, American, United State Supreme Court, National Guard, South Carolina House of, Strom Law, CNN Opinion’s Locations: Cleveland , Ohio, Nashville , Tennessee, New York, Louisville , Kentucky, Charlottesville , Virginia, “, White, Charlottesville, Michigan, Scranton, Claymont, America, United States, Pennsylvania, HBCUs

☆ How YouTube became a TV powerhouse and how much ad revenue it makes
▼ + stars: | 2024-06-24 | by ( Lucia Moses | ) www.businessinsider.com time to read: +10 min

The Google-owned video platform dominated streaming TV viewing for all of 2023, ahead of Netflix, by one widely cited measurement. It also only includes free YouTube, not YouTube TV, YouTube's pay TV service. With those platforms included, YouTube takes second place in monthly TV viewing, behind linear giant Disney, with an 11.5% share. In 2023, YouTube reached a deal to make NFL's Sunday Ticket games an add-on for YouTube TV subscribers. YouTube TV is a $72.99 a month bundle of TV channels.

Persons: —, It's, Here's, Nielsen, isn't, it's, influencers, Gen, Zers, alums Organizations: Service, YouTube, Google, Netflix, Disney, Warner Bros, Paramount, NFL, Business, Showtime, Starz, Procter, Procter & Gamble, Nielsen, Hollywood, Madison Ave, Read, Shorts, Warner Bros ., Deloitte, Alpha Locations: Procter &, Netflix's

☆ This hyper-exclusive CEO training program doesn't care about your 4.0 GPA
▼ + stars: | 2024-06-24 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +10 min

The promise of a more rapid climb up the corporate ladder has made Alpine's CIT program incredibly popular. While it's too soon to know how Alpine's CIT program ranked this year, it received 750 applications for just 12 slots. AdvertisementAnderman's own non-conventional career took her from college dropout to ballet dancer to the world of international development to business school. When she interviewed for her job at Alpine, Weaver asked how she could handle the job with no prior experience. — Alpine's founder and CEO — Alpine's founder and CEOThe first attribute the company looks for is IQ, but not in the traditional kind.

Persons: —, it's, Tal Lee Anderman, you've, Tal Lee Anderson, Graham Weaver, GSB, Weaver, whittle, Anderman, David Wurtzbacher, Wurtzbacher, they're, Geoff Smart Organizations: Service, Business, CIT, Harvard Business School, Stanford's, School of Business, Wharton School, University of Pennsylvania, Harvard, Tal Lee Anderson Alpine, Stanford, Wharton, Kellogg School of Management, Northwestern, University of Chicago Booth School of Business, Alpine, Alpine's San, Citadel, Yale Law School, America Locations: Alpine's, Alpine's San Francisco, Blackstone, Anderman, Manhattan, Jackson , Mississippi, Hong Kong

☆ UPS promised new delivery vans with AC. It hasn’t bought any
▼ + stars: | 2024-06-22 | by ( Chris Isidore | ) edition.cnn.com time to read: +3 min

Almost none of the nearly 100,000 brown package vans have AC. But there have been no vans purchased this year, so no additional AC vans are on the roads. But they make up only a small fraction of the 94,000 UPS package vans on American roads. It said it also provided specialized cooling gear for UPS drivers and inside staff to wear, as well as water jugs for drivers. But AC is still a rarity in the UPS vans on the road.

Persons: hasn’t, ”, “, it’s Organizations: New, New York CNN, Teamsters, UPS, Drivers, CNN Locations: New York

☆ McKinsey says it needs to reinvent itself and that AI is the answer: 'It's going to be most of what we do in the future'
▼ + stars: | 2024-06-22 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +2 min

Generative AI has become the leading conversation topic at the world's premiere consulting firms. "How do we actually inject gen AI and AI thinking into ways of doing business?" The launch of ChatGPT marked an inflection point for McKinsey's work on generative AI. He added that McKinsey has worked on roughly 400 generative AI projects in the last six months. McKinsey's work helps the young startup "build trust" among more organizations, Cohere's founder and CEO Aidan Gomez told Business Insider.

Persons: It's, Ben Ellencweig, Ellencweig, they're, it's, Aidan Gomez Organizations: Service, McKinsey & Company, McKinsey, Business Locations: India, Brazil, United States, Israel

☆ How TikTok’s viral 'no-spend month' could come back to bite you
▼ + stars: | 2024-06-22 | by ( Jessica Dickler | ) www.cnbc.com time to read: +2 min

The latest money-saving trend taking over is the "no-spend month," which encourages TikTok users to cut out all non-essential purchases for a set period. The no-spend rulesThe "no-spend" challenge can last for a week, a month or even a full year. On its face, "the no-buy challenge is as much pragmatic as it is symbolic," according to Gregory Stoller, a professor at Boston University's Questrom School of Business. "The potential complication with the no-buy challenge is to what extent people are willing to honor their commitment," Stoller said. Rather than hop on the latest extreme fad, "it comes back to setting a budget and setting expectations," Rossman said.

Persons: Gregory Stoller, Ted Rossman, Stoller, Rossman, Paul Hoffman Organizations: Boston University's Questrom School of Business, Finance, Bankrate, CNBC

☆ South Korea said it might send weapons to Ukraine after Putin signed a security pact with its biggest enemy
▼ + stars: | 2024-06-21 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

Read previewSouth Korea said it could send weapons to Ukraine after Russia signed a security pact with Seoul's biggest regional foe, North Korea. Putin became the first Russian leader to visit North Korea in a quarter of a century this week, cementing an alliance with the pariah state. Putin, on a trip to Vietnam Friday, warned South Korea against arming Ukraine in response, saying that it would be a "big mistake." Moscow "will... [make] decisions which are unlikely to please the current leadership of South Korea" if it goes ahead and sends weapons to Ukraine, Putin said, reported BBC News. But he also said that South Korea has "nothing to worry about" from the new pact as long as it doesn't commit acts of aggression toward North Korea.

Persons: —, Chang Ho, Kim Jong Un, Chang, Putin, Russia's, Cho Tae, yul, Antony Blinken Organizations: Service, Seoul's, Korean, North, Business, UN Security Council, UN, South, BBC Locations: Korea, Ukraine, Russia, North Korea, Pyongyang, Russian, East Asia, South Korea, Japan, Vietnam, Moscow

☆ A woman took her boyfriend to a tribunal because he didn't take her to the airport as promised
▼ + stars: | 2024-06-21 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +1 min

A New Zealand woman took her boyfriend to a disputes tribunal for not taking her to the airport. The woman said that the boyfriend's promise to take her there was a verbal contract. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA woman from New Zealand took her long-term boyfriend to a disputes tribunal for failing to keep his promise to take her to the airport. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Service, New Zealand, The Guardian, Business Locations: Zealand, New

☆ How China could take Taiwan without even needing to invade
▼ + stars: | 2024-06-21 | by ( Brad Lendon | ) edition.cnn.com time to read: +12 min

“China has significantly increased pressure on Taiwan in recent years, stoking fears that tensions could erupt into outright conflict. China’s escalating gray zone tactics were on stark display this week as China Coast Guard vessels clashed with Philippine Navy boats in the South China Sea. In the 24 hours ending at 6 a.m. Friday, 36 Chinese military aircraft crossed into Taiwan’s air defense identification zone, Taiwan’s Defense Ministry says. Meanwhile, a quarantine, rather than a blockade, would not require China to close or restrict access to the Taiwan Strait, the CSIS report notes. Under its claims that Taiwan is Chinese territory, Beijing could require customs declarations to be filed before vessels can call in Taiwan.

Persons: CNN —, Beijing’s, Xi Jinping’s, Bonny Lin, Brian Hart, Matthew Funaiole, Samantha Lu, Tinsley, stoking, Adm, Dong Jun, ”, Dong, China’s, “, Joe Biden, Rong Xu, Carl Schuster, ” Schuster, Alessio Patalano, Sidharth Kaushal, Patalano Organizations: CNN, Communist Party, Center for Strategic, International Studies, China Coast Guard, CSIS, TAIWAN, GUARD, People’s Liberation Army, PLA, Chinese Defense, Philippine Navy, Taiwan Relations, White, PLA Navy, Maritime Safety Agency, Taiwan’s Defense Ministry, Bloomberg, Getty, “, Pacific Command’s Joint Intelligence Center, Taipei, King’s College, Taiwan’s Ministry of Economic Affairs, Imports, Royal United Services Institute Locations: Taiwan, Ukraine, China, Washington, United States, Pengjia, Beijing, Singapore, South China, Manila, Second, Philippines, Taiwan’s, Taiwan Strait, Port, Taichung, Kaohsiung, London, Covid

And what everyone sort of expected to happen seems to be roughly what’s happening, which is that the populist right has consolidated a lot of support. So that’s sort of three-dimensional chess of one sort. That gets at the definition of populism, right? michelle cottleYeah, so but that kind of then lends itself to a backlash when you feel like things aren’t going right. carlos lozadaWell, I mean —ross douthatI think that’s all sincere.

Persons: lydia polgreen Ross, carlos lozada, lydia polgreen, michelle cottle, carlos lozada That’s, lydia polgreen That’s, Lydia Polgreen, michelle cottle I’m Michelle Cottle, ross douthat I’m Ross Douthat, carlos lozada I’m Carlos Lozada, We’ve, Ross, michelle cottle Woo, — ross douthat, lydia polgreen —, I’m, ross, — michelle cottle, ross douthat —, ross douthat, Emmanuel Macron, Macron, Silvio Berlusconi, Giorgia, Meloni, Brexit, It’s, populists, ”, Lozada, it’s, don’t, we’ll, that’s, we’ve, JD Vance, He’s, — carlos lozada, polgreen, Trumpist, who’s, Vance, we’re, Trump, — michelle cottle Woo, carlos lozada —, —, decries, — ross, won’t, carlos lozada Well, carlos lozada Don’t, Don’t, it’s — michelle cottle, I’ve, Trumpism, Donald Trump, michelle cottle Huey Long, Carlos, William Jennings Bryan, Michelle, Huey Long, George Wallace, Ross Perot, Pat Buchanan, Bernie Sanders, you’ve, Charles Coughlin, Richard Nixon, Ronald Reagan, Biden, unquote, nobody’s, he’s, JD Vance don’t, Robert Penn, Warren, Long, lydia polgreen Wow, ross douthat — Carlos Lozada, George Packer, lydia polgreen Go, carlos lozada Oh, that’s — carlos lozada —, lydia polgreen We’ll, carlos lozada It’s, lydia polgreen It’s Organizations: “ New York, Trump, Tories, National Health Service, Republican, Social Security, Republican Party, Chamber of Commerce, “ Times, Aspen Ideas, Nebraska Democrat, Tea Party, Occupy, Belt, Star Locations: “, Europe, France, United States, Italy, United Kingdom, South, British, Ohio, Middletown , Ohio, America, Sun Valley, Middletown, Louisiana, Alabama, China, Connecticut, Belt America, Florida , Texas, California, American, Texas, Mexico, Arizona

☆ Red flags that suggest a job posting doesn’t offer a 'competitive salary' as it claims, recruiters say
▼ + stars: | 2024-06-20 | by ( Alex Koller | ) www.cnbc.com time to read: +3 min

Job postings that claim to offer a "competitive salary" are on the rise, putting more onus on job seekers to suss out how much money they can expect from a new role. If you're at the start of a hiring process without pay clarity, there may be early indications that the promise of a "competitive salary" is an empty one. Here are some red flags to watch out for in your conversations with recruiters and hiring managers. But if the company continues to evade the pay conversation after multiple interviews, that's a clear red flag, according to Hyman. Why don't you take some time to digest it and circle back once you have established [the compensation] level?'"

Persons: Bonnie Dilber, Dilber, Jeff Hyman, that's, Hyman, they've

☆ After almost 30 years, Amazon's original book business is booming, leaked document shows
▼ + stars: | 2024-06-20 | by ( Eugene Kim | ) www.businessinsider.com time to read: +9 min

This is according to a detailed internal document obtained by Business Insider that reveals a host of new information and insights about Amazon's book business and the broader publishing landscape. Reliable data on this industry is limited or tightly controlled, so it's sometimes difficult to get handle on the scope of the book business. "Monopoly power"Amazon's book business has drawn antitrust scrutiny over the years. The company doesn't publicly disclose book sales, nor does it give a revenue breakdown of each retail category. The US accounts for over half of the salesThe document reveals a few staggering numbers that show how big Amazon's book business is.

Persons: —, John Warren, George Washington University's, doesn't, Lindsay Hamilton, Noble, Warren, Hamilton Organizations: Service, Business, Amazon, Federal, American Booksellers Association, FTC, Justice Department, BI, GMS, Barnes, Costco, Pew Research Center, George Washington University Locations: Germany, Japan, France, Italy, Spain, Australia

☆ Israeli military official says Hamas cannot be destroyed, as rift with Netanyahu widens
▼ + stars: | 2024-06-20 | by ( Christian Edwards | Tamar Michaelis | ) edition.cnn.com time to read: +5 min

Hagari’s comments prompted a terse response from Netanyahu’s office, which said Israel’s security cabinet “has defined the destruction of Hamas’ military and governing capabilities” as one of the aims of its war in Gaza. Palestinians inspect damage after an Israeli strike on the Nuseirat camp in central Gaza, June 9, 2024. Shaul Golan/Pool/ReutersHagari’s comments sparked the latest in a growing series of public disagreements between Israel’s government and military. Last weekend, the IDF announced a daily “tactical pause” of military activity along a route in southern Gaza to allow aid to be distributed – a decision that rankled Netanyahu, an Israeli official told CNN. The IDF’s decision to implement tactical pauses also drew fierce criticism from the increasingly rancorous far-right wing of Netanyahu’s coalition.

Persons: CNN —, Benjamin Netanyahu, “, Read, Daniel Hagari, Hagari’s, Hagari, Netanyahu, Eyad Baba, ” Hagari, David Mencer, ’, Mencer, Netanayhu, –, Shaul Golan, rankled Netanyahu, Itamar Ben, Gvir, ”, Yoav Gallant Organizations: CNN, Israel Defense Forces, Israel’s, IDF, Getty, Kan, National, Israeli Locations: Gaza, United States, Israel, AFP, Hamas, Givatayim, Rafah

One by one, each country with the money and the drive to compete started its own nuclear weapons program. Even with this kind of evidence in hand, science has reached only limited conclusions about how nuclear weapons testing affects individuals’ health. They helped create the 2021 Treaty on the Prohibition of Nuclear Weapons, signed by 93 countries, which bans the possession, use and testing of nuclear weapons. France has acknowledged its “debt” to Polynesians over nuclear testing, and it created a commission in 2010 to evaluate nuclear testing victim compensation claims, but it has never apologized. We are still wrestling with the damage wrought by testing nuclear weapons in our past.

Persons: —, Ernest Moniz, Barack Obama, ” Mr, Moniz, Trump, Trump’s, Biden, United States ’, Republic of Kiribati —, we’re, Robert Oppenheimer’s, Oppenheimer, Ben Wyatt, King Juda, Harry Truman, Oppenheimer’s, Karina Lester, ”, Willard F, Libby, Louis, couldn’t, Merril Eisenbud, Hinamoeura, Britain —, “, it’s, John Moody, Benetick Kabua Maddison, Maddison, Benetick, It’s, Vladimir Putin Organizations: Las, Washington, United States, Marshall, Embassy, D.C, Marshalls, U.S, Navy, United, Soviet Union, Britain, Atomic Energy Commission, St, Louis University, Washington University School of Dental Medicine, Bravo, U.S . Navy, Atomic Energy, Centers for Disease Control, Polynesia —, Nuclear Weapons, ., Pacific Mart, Educational, America Locations: U.S, Japan, United States, Russia, China, Nevada, Soviet Union, — Semipalatinsk, Kazakhstan, Reggane, Algeria, Montebello, Australia, Republic of Kiribati, Marshall Islands, Republic, Washington, Hiroshima, New Mexico, Las Vegas, Marshall, Hawaii, Philippines, Bikini, Atoll, Soviet, Africa, Polynesia, Xinjiang, The, Britain Britain, Britain, American, Kwajalein Atoll, France, France France, Tahiti, Nagasaki, Asia, Europe, India, Pakistan, North Korea, United, Kwajalein, Hawaii , California, Washington and Oregon, Arkansas, Springdale, you’re, Rhode Island, Moscow

☆ Kenyan government scraps elements of controversial tax bill amid protests
▼ + stars: | 2024-06-18 | by ( Caitlin Danaher | Larry Madowo | ) edition.cnn.com time to read: +2 min

CNN —The Kenyan government has scrapped some tax increases that were initially included in its controversial finance bill after people took to the streets in protest on Tuesday. “When we started the public participation in the finance bill of 2024, we did make a promise that public participation would not be an exercise in futility. We have listened to the view of Kenyans,” Kimani said in a speech outside the State House in Nairobi. Changes to the finance bill were driven by a “need to protect Kenyans from increased cost of living,” Kimani said. Kenyan police officers walk away from a street covered in tear gas during a demonstration against tax hikes in downtown Nairobi on June 18, 2024.

Persons: Kuria Kimani, ” Kimani, Luis Tato, William Ruto, “, ”, ” Ruto, Faith Odhiambo, ” Odhiambo Organizations: CNN, Kenyan, Kenya’s Finance, National Planning, Getty, State, Defenders Coalition, National Police, ” Police, Central Police Station, Kenya’s Law, National Police Service Locations: Nairobi, AFP, Kenya, National Police Service Kenya

☆ Apple's AI chief gave this warning to the Siri team when he started working with them
▼ + stars: | 2024-06-18 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +3 min

Read previewWhen Apple's head of AI strategy and machine learning, John Giannandrea, joined the company in 2018, the company's voice assistant, Siri, was struggling to live up to its promise. Looking for a turnaround, Giannandrea says his first instruction to the Siri team was inspired by legendary NASA Chief Flight Director Gene Kranz: "Failure is not an option." Related stories"A lot of people use Siri a lot of the time," Giannandrea said in an interview with John Gruber after Apple's WWDC last week. Now 14 years after Apple launched Siri, the voice assistant's growing popularity has made it an exceptional proving ground for AI, raising the stakes still further. He has long argued that on-device AI models are critical to the technology being practical for everyday users.

Persons: —, John Giannandrea, Siri, Giannandrea, Gene Kranz, John Gruber, Apple's WWDC, OpenAI, We've, Apple Organizations: Service, NASA, Business, Apple, Apple Intelligence

☆ Biden to announce new executive action protecting immigrant spouses and children of US citizens
▼ + stars: | 2024-06-18 | by ( Michael Williams | ) edition.cnn.com time to read: +7 min

Under current federal law, an undocumented person who enters the United States and marries a US citizen must first request parole before applying for legal residency. Lawful permanent residency, commonly known as obtaining a green card, allows immigrants to live and legally work in the United States. Some Democrats in the Senate praised Biden’s executive order while those in vulnerable seats tried towing a line. Sen. Bob Casey, a Democrat in a vulnerable seat, also declined to say if he supports Biden’s executive order. However, he did praise Biden’s executive order from earlier this month aimed at restricting border crossings.

Persons: Washington CNN —, Biden, Barack Obama, Donald Trump, Biden’s, it’s, Donald Trump’s unforgivable, ” Biden, Julie Chavez Rodriguez, “, –, ” Todd Schulte, ” Muzaffar Chishti, John Thune, ” Thune, they’ll, ” Sen, Thom Tillis, Tillis, Sen, Elizabeth Warren, ”, Sherrod Brown, Bob Casey, “ I’ve, – I, CNN’s Sam Fossum, Kayla Tausche, Lauren Fox, Morgan Rimmer, Manu Raju Organizations: Washington CNN, CNN, Migration Policy Institute, Republican, Congress Locations: Arizona , Nevada, Georgia, United States, Ohio

☆ UK millionaires are fleeing Britain in their thousands
▼ + stars: | 2024-06-18 | by ( Mark Thompson | ) edition.cnn.com time to read: +4 min

The continuing exodus from the UK — 16,500 millionaires left between 2017 and 2023 — is part of a global mass migration of the rich that appears to be accelerating. The Henley Private Wealth Migration report found that 128,000 millionaires are set to relocate this year, beating last year’s record by 8,000. By contrast, the ranks of the wealthy have grown in the US, Canada, Australia, Germany and France over the same period. “The outflow of high-net-worth individuals already generated by the economic and political context is now being accelerated by policy decisions ahead of the election,” said White. Still, one very rich couple will apparently be staying, whatever the result on July 4.

Persons: Henley, ” Hannah White, —, ” Dominic Volek, Liz Truss, Keir Starmer’s, Rishi Sunak’s, Starmer, Rachel Reeves, ”, White, Akshata Murty, Sunday Times Rich, King Charles, Sunak Organizations: London CNN, Labour, Henley & Partners, Institute for Government, City of, Henley Private Wealth, European Union, Bank of England, Keir Starmer’s Labour Party, Sunday Times Locations: United Kingdom, City of London, China, Japan, Hong Kong, Canada, Australia, Germany, France, Ukraine, England

☆ Boeing CEO heads to Senate hearing over safety and manufacturing crises
▼ + stars: | 2024-06-18 | by ( Leslie Josephs | ) www.cnbc.com time to read: +4 min

Dave Calhoun, CEO of Boeing, leaves a meeting with Sen. Dan Sullivan, R-Alaska, in Hart Building, on Wednesday, January 24, 2024. Calhoun was meeting with senators about recent safety issues including the grounding of the 737 MAX 9 planes. Boeing CEO Dave Calhoun will testify before a Senate panel on Tuesday about the company's safety and manufacturing crises after a door panel blew out of a nearly new 737 Max 9 jet in January. Last month Boeing pointed to a host of other changes to encourage workers to speak up about problems in its factories after several whistleblowers raised concerns about quality issues and retaliation. Spirit AeroSystems , a major supplier for both Boeing and Airbus, said last week that titanium entered the supply chain with falsified documents.

Persons: Dave Calhoun, Sen, Dan Sullivan, Calhoun, We've, Max, Richard Blumenthal, Conn, Mike Whitaker, Whitaker, AeroSystems Organizations: Boeing, Investigations, Justice Department, Alaska Airlines, Federal Aviation Administration, FAA, Southwest Airlines, United Airlines, Airbus Locations: Alaska, Hart, U.S

☆ Forget Nvidia: Wealth manager for the ultra-rich names 3 global stocks to buy instead
▼ + stars: | 2024-06-17 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +3 min

Shares in Adobe jumped by 17% after its results announcement last week, and are up around 7% in the last 12 months. "The market is not seeing much potential in Adobe because Nvidia is making all these big future predictions and markets love that. HDFC Bank In India, the wealth manager is betting on financial firm HDFC , as the country — and the bank itself — prepares for growth. When asked how HDFC compares with competitors like ICICI Bank , Sengupta responded that the former's management is "very stable with consistent leadership and that puts them in good standing." Shares in the bank are up by just over 1% in the last 12 months, but are showing signs of picking up.

Persons: Dhruba Jyoti Sengupta, Sengupta, Davidson, Harley Davidson, HDFC Organizations: Nvidia, CNBC Pro, Wrise, Adobe, Harley, HDFC Bank, India, ICICI Bank, National Stock Exchange, U.S, India Financials Locations: Asia, East, Europe, Dubai, India, FactSet

☆ Opinion | The Paths to Progress for Our Graduates
▼ + stars: | 2024-06-17 | by ( ) www.nytimes.com time to read: +1 min

To the Editor:Re “A Promise to Grads Who Show ‘No Promise,’” by Megan K. Stack (Opinion guest essay, June 9):Ms. Stack provides a dose of wisdom and perspective for parents, educators and teens about resilience and hope. A teenager I worked with years ago who struggled in high school with academic and other issues is now a successful adult. He recently got back in touch and told me that the biggest fiction from his childhood was how everyone back then said that if he didn’t excel in high school, he’d never amount to anything. Our youths are works in progress with different trajectories, which adults can tilt in either direction. Kids are sensitive to the implicit messages they get from their parents about failure and what constitutes success.

Persons: Megan K, Stack, he’d

☆ It's the hottest stock in the S&P 500 this month. When the charts say it's time to sell
▼ + stars: | 2024-06-17 | by ( Katie Stockton | ) www.cnbc.com time to read: +7 min

—Katie Stockton with Will Tamplin Access research from Fairlead Strategies for free here . Fairlead Strategies Disclaimer: This communication has been prepared by Fairlead Strategies LLC ("Fairlead Strategies") for informational purposes only. Securities, investment products, other financial products or strategies discussed herein may not be suitable for all investors. The recipient of this information must make its own independent decisions regarding any securities, investment products or other financial products mentioned herein. This material is not to be reproduced or redistributed absent the written consent of Fairlead Strategies.

Persons: AVGO, Katie Stockton Organizations: Broadcom Inc, Nvidia, Fairlead, CNBC Pro, Securities Locations: AVGO

☆ CNBC Daily Open: Nasdaq record, Tesla future value?
▼ + stars: | 2024-06-17 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

Alain Jocard | AFP | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. This valuation, however, wouldn't be based on Tesla's success as an electric vehicle manufacturer, but rather as a robotics company. While Musk didn't provide a specific timeframe for this claim, he also suggested Tesla could reach a $5 trillion to $7 trillion valuation as a robotaxi company. In 2020, Tesla's worth even surpassed the combined value of Toyota, Volkswagen, Hyundai, GM, Ford and BMW.

Persons: Elon Musk, Porte, Alain Jocard, Elon, Tesla, Cathie Wood, Wood, CNBC's, Dan Ives, Chris Ailman, Ailman, CNBC's Michael Santoli, Jeff Cox, Michael Santoli, Jordan Novet, Katie Bartlett, Pia Singh, Riley de León, Spencer Kimball, Lisa Kailai Han, Brian Evans Organizations: SpaceX, Twitter, Porte de, AFP, Getty, CNBC, Toyota, Volkswagen, Hyundai, GM, Ford, BMW, California State Teachers, Nvidia, & $ Locations: Paris, Tesla

☆ Judge tosses Exxon Mobil lawsuit against activist shareholder Arjuna over climate proposal
▼ + stars: | 2024-06-17 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

A federal judge in Texas on Monday dismissed a controversial lawsuit by Exxon Mobil against activist shareholder Arjuna Capital over a climate proposal, ruling that the investor's promise that it would not submit a similar resolution in the future had rendered the case moot. Exxon had sued Arjuna Capital and another shareholder, Follow This, in January to stop them from submitting a proposal at the oil major's May 29 annual shareholder meeting. However, the oil major proceeded with its lawsuit, claiming that the investors could file a similar proposal at a future shareholder meeting. "Arjuna was caught between a rock and a hard place," Pittman wrote in his ruling Monday. "The SEC is behind the ball on this issue," Pittman wrote in the ruling.

Persons: Arjuna, Mark Pittman, Pittman Organizations: Exxon Mobil, Arjuna Capital, District, Northern, Northern District of Texas, Exxon, Securities, Exchange Commission, SEC, CNBC Locations: Texas, U.S, Northern District, Netherlands, North Carolina, Massachusetts

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