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☆ See Michael Jordan's new private jet, a $65 million Gulfstream G650ER with a flamboyant custom paint job
▼ + stars: | 2024-10-09 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Michael Jordan appears to have taken delivery of a Gulfstream G650ER. AdvertisementMichael Jordan appears to have taken delivery of a new private jet worth around $65 million. A Gulfstream G650ER with a flamboyant custom paint job, including the Jumpman logo, was filmed on the tarmac at Palm Beach International Airport in a video uploaded to TikTok on Monday. It also has space for its own bedroom, but it's unclear exactly how the interior of Jordan's jet is configured. According to JetSpy data, Jordan's G650ER has flown 13 times in the past two weeks, most of which appear to be related to the delivery process.

Persons: Michael Jordan, Elon Musk, Mark Zuckerberg, —, TikTok, Jeff Bezos, Jordan —, Jordan, G650ER Organizations: Gulfstream, Palm Beach International, Service, Federal Aviation, Elon, Nike, Chicago Bulls, Charlotte Hornets, Gulfstream G550 Locations: Tokyo, Florida

☆ Disney prices just went up again. Here’s how to get a discount
▼ + stars: | 2024-10-09 | by ( Natasha Chen | ) edition.cnn.com time to read: +10 min

Jeffrey Talajic, who runs MagicTripTools.com, analyzed Florida park prices at Walt Disney World and Universal Resort Orlando going back to 1990, using data from the Orlando Sentinel newspaper. Talajic found that Disney World raised prices 22 out of the past 35 years, and Universal raised theirs 23 times. Jeffrey Talajic/MagicTripTools.comMindy Marzec, who runs the travel website thisfairytalelife.com, said she always jokes that three things in life are certain: death, taxes and Disney parks raising ticket prices. In Florida, guests can save between $60 and $200 per night on Disney World ticket and hotel packages for much of the first half of 2025. Another deal on the Disney World website offers hotel discounts between 10% and 25% on many dates from January through April.

Persons: Jeffrey Talajic, ”, Jessica Good, “, Walt, Price, Talajic, Universal, Mindy Marzec, Marzec, ” Marzec, wouldn’t, he’s, ” Gavin Doyle –, –, ” Doyle, ” Talajic, bookable Organizations: CNN, Disneyland –, Disneyland, Disney, Disneyland Resort, Walt Disney, Walt Disney World, Universal Resort Orlando, Orlando Sentinel, Universal, Animal, Costco, Southern, Disney Food Locations: California, Florida, Anaheim, Southern California, Magic Kingdom

☆ Hurricane Milton isn't the end of our destructive storm season. There's likely more to come.
▼ + stars: | 2024-10-09 | by ( Jessica Orwig | ) www.businessinsider.com time to read: +6 min

AdvertisementThen hurricane season went quiet. There were no named storms between August 13 and September 3 — typically around when hurricane season is reaching its peak. CHANDAN KHANNA/Getty ImagesAt the start of the Atlantic hurricane season in June, NOAA predicted up to 13 hurricanes by the season's end. Joe Raedle/Getty ImagesThis year's unusual hurricane season may be a sign of things to come. AdvertisementRosencrans said that there's a large window for peak hurricane season, and the peak varies each year.

Persons: Milton, We've, Hurricane Milton, Hurricane Helene, Kelly Núñez Ocasio, What's, Debby, Ernesto, Hurricanes Helene, Niña, it's, Matthew Rosencrans, CHANDAN KHANNA, Rosencrans, Stephanie Zick, It's, Núñez Ocasio, Helene, Joe Raedle Organizations: NOAA, Service, Atlantic, Texas, University's Department, Atmospheric Sciences, Atmospheric Administration, Hurricanes, Colorado State University's Department of Atmospheric, Virginia Tech's Department of Geology Locations: Hurricane, Florida, Pacific, Florida's, Bend, Gulf of Mexico, Caribbean, Hurricane Milton, Gulf, St, Petersburg , Florida

As Hurricane Milton barrels toward Tampa Bay, some residents are saying that the resources needed to evacuate — especially gasoline — are in short supply, despite a mandate to leave the area. Debris from Helene also poses a risk as Milton approaches because the objects can turn into dangerous projectiles. On social media, lines stretching around the block could be seen at the few gas stations in the greater Tampa Bay area that still had fuel. Hurricane Helene had already damaged her family home and she assumes more, if not total damage, will be wrought by Milton. “What’s really sad is seeing people pulling up to gas stations and just staring at pumps that are out of gas,” she said.

Persons: Milton, Ashley Khrais, she's, ” Khrais, ”, Milton “, Hurricane Helene, Helene, Tampa Mayor Jane Castor, ” Castor, Ron DeSantis, “, ” DeSantis, Lindsey Carlson, Carlson, she’s Organizations: National Hurricane Center, FEMA, White, Tampa Mayor, CNN, Milton’s, National Oceanic, Atmospheric Administration, Florida Division, Emergency Management, Gov, “ Fox, Patrol Locations: Tampa Bay, Holiday , Florida, Tampa, Florida, Hurricane, Lauderdale’s Port, Southeast Florida, Plant City, Lakeland, Jacksonville, Milton

An American professor at Princeton University and a British-Canadian professor at the University of Toronto won the Nobel Prize in Physics on Tuesday for research that “formed the building blocks” of a key part of artificial intelligence. Since the 1980s, the pair have been using tools from physics to develop the foundations of what is known as “machine learning,” one of the core concepts of AI widely used today. Their research “formed the building blocks of machine learning, that can aid humans in making faster and more reliable decisions,” Ellen Moons, chair of the Nobel Committee for Physics, told a news conference. Hopfield has been a key influential figure in this field since 1982, when he invented the “Hopfield network” — a method widely used since. Hinton used this basis to come up with “the Boltzmann machine,” which can used for tasks such as classifying images.

Persons: “, John J, Hopfield, Geoffrey E, Ellen Moons, ”, Hinton Organizations: Princeton University, University of Toronto, Google, Physics Locations: American, British, Canadian, Hinton

☆ I crafted a masterplan at Google to try to get promoted as fast as humanly possible. This is what went into it.
▼ + stars: | 2024-10-08 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +6 min

While at Google, Lee said his most important goal was to get promoted as quickly as possible. AdvertisementThis as-told-to essay is based on a conversation with Jerry Lee, 29, a former manager at Google and cofounder of Wonsulting, a career consulting company. Jerry LeeThe most important goal I had at Google was to get promoted as fast as humanly possible. One of the things I'm trying to do at my career consulting company, Wonsulting, is force career conversations to happen at every level. AdvertisementSucceeding at work is less about what you know but how you do thingsLee cofounded his career consulting company, Wonsulting in 2021.

Persons: Jerry Lee, Lee, —, it's, they're Organizations: Google, Service, Lucid Software

☆ How the source of your tissues is fueling wildfires thousands of miles away
▼ + stars: | 2024-10-08 | by ( Vasco Cotovio | ) edition.cnn.com time to read: +9 min

Certain toilet paper, tissue and office paper brands are made with materials from eucalyptus trees, a non-native species to Portugal. CNN PortugalThe problem is eucalyptus trees are particularly flammable. The eucalyptus tree is native to Australia and provides food and shelter to koalas, among other wildlife. As the Portuguese paper and timber industries grew in the mid-1900s, so too did eucalyptus plantations, and the species now covers nearly 2 million acres. In California, the eucalyptus tree has been naturalized, meaning it now grows beyond the places it was planted.

Persons: it’s, Patricia De Melo, Patricia De Melo Moreira, Domingos Patacho, Brais Lorenzo, Patacho, Henrique Pereira dos Santos, de Santos, Juan Manuel Castro Prieto, Luís, Sarabando, Octavio Passos, Jose Sarmento Matos, “ Organizations: Lisbon CNN —, CNN, Firefighters, Getty, AFP, National Park Service, Bloomberg, Northwestern, Agence, Vouga Forestry Association, Navigator Locations: Lisbon, Portugal, Europe, Albergaria, CNN Portugal, Australia, Portuguese, ”, California, Velha, Agueda, Northwestern Portugal, Greece, Italy, Finland, Constancia, Abrantes, United States, New York City, Arouca

☆ Mega Millions lottery is more than doubling the price of a ticket to $5
▼ + stars: | 2024-10-08 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —The cost of a Mega Millions ticket is more than doubling, but the multi-state lottery game is promising that the bigger price comes with better odds. It’s the second time the price of a ticket has increased in Mega Millions’ 22-year history: In 2017, the price jumped from $1 to $2 — the same cost of a Powerball ticket. That’s also when Mega Millions adopted its current format of choosing six total numbers from two different pools – and when all the numbers match, including the gold Mega Ball, the player wins the jackpot. Mega Millions said that the increased ticket price will cause larger-starting jackpots, as well as faster-growing jackpots. Mega Millions is available to play in 45 states plus Washington, DC, and the US Virgin Islands.

Persons: It’s, That’s, ”, Joshua Johnston Organizations: New, New York CNN, Mega, Mega Millions Consortium, Virgin Islands Locations: New York, Florida, Washington, Virgin

We're seeing huge Prime Day laptop deals, including big savings on gaming laptops, MacBooks, and more. Some of the best Prime Day laptop deals we've found include Lenovo's IdeaPad Slim 3i for 15% off, which was already an amazing value at full price. The best Amazon Prime Day gaming laptop dealsThe MSI Katana A15 for 18% off is an excellent deal that brings the upper-mid-range gaming laptop under $1,500. View at AmazonThe best Amazon Prime Day laptop dealsThe 14-inch HP laptop is an incredible deal at 29% off, bringing high-performance specs to $500. Check out our roundup of all of the best Prime Day deals, or browse Amazon's website for the full selection.

Persons: Slim Organizations: Business, Deal, Slim 3i, Amazon, Amazon Lenovo Legion 5i, Lenovo, Asus, MacBook, Apple MacBook, Air, Apple, Microsoft

☆ I thought I made a mistake renting an electric vehicle in Italy. There was a steep learning curve, but I'd do it again.
▼ + stars: | 2024-10-08 | by ( Monica Humphries | ) www.businessinsider.com time to read: +5 min

Last spring, my friends and I accidentally rented an electric car on a trip to Italy. I hopped on Google to figure out how people manage life with electric cars when they take so long to charge. A high-voltage charger would take just 30 minutes to get our car's battery to 80%. AdvertisementAfter seeing our confused faces, she clarified that we were getting an electric car. Our car's battery was nearly dead, so we figured we might as well take advantage of the forced stop and explore the town.

Persons: —, Monica Humphries, hadn't Organizations: Service, Google, EV Business, Milano Linate Locations: Italy, Lake Como, Florence, Milano, Piacenza, it's, Italy's Emilia, France, touristy Florence, Sasso Marconi

☆ Chiefs vs. Saints: Kansas City maintain unbeaten start to season with comfortable victory over New Orleans on Monday Night Football
▼ + stars: | 2024-10-08 | by ( Ben Morse | ) edition.cnn.com time to read: +4 min

CNN —The Kansas City Chiefs maintained their unbeaten start to the season with a comfortable 26-13 win over the New Orleans Saints on Monday Night Football. Both players had been signed mid-season to cover for the growing injury list Kansas City is dealing with. But two more Butker field goals rebuilt Kansas City’s lead before another Saints TD once again made it a three-point game. Worthy was able to celebrate the moment in a special way, giving the touchdown ball to his mother in the stands to celebrate her birthday before exchanging a hug. A final Butker field goal capped off the victory as the Chiefs continued their excellent opening to the season.

Persons: Kareem Hunt, JuJu Smith, Schuster, Hunt, Smith, he’d, Patrick Mahomes, they’ve, Reid, ” Mahomes, “ Kareem, wasn’t, y’all, ” Hunt, Charlie Riedel, Derek Carr, Carr, Bryan Cook, Harrison, Rashid Shaheed, Xavier Worthy, Worthy, Mahomes, we’re, ”, Steve Spagnuolo, Khalen Saunders, Saunders Organizations: CNN, Kansas City Chiefs, New Orleans Saints, Monday, Super Bowl, Kansas, Chiefs, Cleveland Browns, “, Saints, TD, New Orleans, NFL Locations: New Orleans, Kansas

The best Fire TV Stick deals right now include 42% off the Fire TV Stick 4K Max. The best Prime Day Fire TV Stick dealsAmazon Fire TV Stick 4K Max (2023) $34.99 $59.99 Save 42% This is Amazon's top streaming stick. View at Amazon What we like Check mark icon A check mark. Not a huge upgrade over previous modelAmazon Fire TV Stick 4K (2023) $24.99 $49.99 Save 50% The Fire TV Stick 4K is a good fit for 4K TV owners looking to spend less. View at Amazon What we like Check mark icon A check mark.

Persons: they're Organizations: Business, Deal, Amazon Prime, Alexa Voice, It's, Apple, Alexa

☆ Google’s search dominance is unwinding
▼ + stars: | 2024-10-08 | by ( David Goldman | ) edition.cnn.com time to read: +5 min

New York CNN —Google is so synonymous with its core product that its name is a verb that means “search.” Yet Google’s dominance of that market is shrinking. For the first time in decades, Google next year will not control a majority of the US search market, according to a forecast by advertising research firm eMarketer. Google will remain the biggest search player, maintaining a 48% share of American search advertising revenue. That ruling could result in the eventual breakup of the company’s search business. TikTok, the fastest growing social network, is getting into into the search business.

Persons: CNN Business ’, George W, Bush, eMarketer, Google’s, “ kendall jenner, ChatGPT, “ What’s, Kendall Jenner, OpenAI, that’s, Bing, Sears Organizations: CNN Business, New York CNN, Google, Wall Street, Bing, Yahoo, Microsoft, Meta, YouTube, Delta Air Lines, Epic, Amazon, Apple, GE, Dow, US Steel Locations: New York, San Francisco, United States

The best Amazon Prime Day dealsKeep checking in on our curated deals list below, as we'll be updating it throughout the event with our latest Prime Day picks. Tech and gaming Prime Day dealsThis will be one of the busiest sections of the October Prime Day sale, and some absolute bangers are live already. View at AmazonKitchen Prime Day dealsLooking for a Prime Day pick-me-up? View at AmazonStyle and beauty Prime Day dealsIt's not all high-end electronics on Prime Day. View at AmazonAmazon Prime Day FAQsWhen is Amazon Prime Day?

Persons: We'll, we've, we'd, You'll, Bose, Apple, LG's, 120Hz, HLG, OmniForce, Bissell, Loren, LQ, seltzer, It's, I've, Skip, shams Organizations: Business, Amazon Prime, Deal, Tech, Apple, Deal Sony, Slim, Alexa, Kindle, Google, Amazon Samsung Galaxy Watch, Galaxy Watch, Amazon, Sony, Apple AirPods, LG, Samsung, Dolby, HLG Smart, Amazon LG, Chatelet Air, Bissell, DELTA, Delta, Barista, REVLON, Revlon, Amazon Braun, Braun

View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark.

Persons: Matte, Slim, It's Organizations: Business, Deal, Samsung, LG, Buyers, Shoppers, Fire, Alexa, Samsung S95D, Dolby, Sony, Panasonic, Toshiba

☆ Meet the Medical Tourists Getting Health Screenings on Vacation
▼ + stars: | 2024-10-08 | by ( Manisha Krishnan | ) www.businessinsider.com time to read: +15 min

AdvertisementLike Woodman, millions of Americans travel abroad for medical procedures each year, saving anywhere from 40% to 90% on the services they receive. Medical tourism comes with risks; the American Medical Association recommends going only to medical facilities recognized by international accrediting bodies and following up testing with care at home. It's unclear, though, how many medical tourists visit accredited facilities, and there's still the question of whether all these tests are useful for someone who is seemingly in good health. Related storiesSince COVID-19 came into the picture, health screenings and extensive physicals have received some buzz. As more people spend time abroad, it becomes easier to tack a few small medical tests onto your trip.

Persons: Josef Woodman's, —, Chapel Hill , North Carolina —, You've, Woodman, There's, Kim Kardashian, you've, you'd, that's, Bryn Elise, I'd, Elise, influencer, I've, it's, Paulo Neno, Neno, there's, Elise's, Kardashian, Prenuvo, Arturo Vargas Bustamante, Vargas Bustamante, Misael Uribe Ramos, Uribe Ramos, Imani Bashir, Bashir, Krishnan Organizations: Duke University Hospital, cabanas, CAT, American Medical Association, Joint Commission International, University of California, Commission, Centers for Disease Control, CDC, of Disease Prevention, Health, Disease Prevention, National Academy of Medicine, country's Ministry of Health, Labour, Welfare, United Arab Locations: Chapel Hill , North Carolina, Bangkok, Mexico, United States, Turkey, Illinois, Los Angeles, Médica, Mexico City, Japan, South Korea, Thailand, United Arab Emirates, Barbados, Cancún, Washington , DC, Brooklyn

Covered by homeowners insurance: Not covered by homeowners insurance: FireWaterTheftVandalismHail , wind, lightning*, wind, lightning* Damage by a falling tree Maintenance and repairFloodEarthquake* Standard homeowners insurance covers hail damage, but there may be an exclusion if you live somewhere that gets a lot of it. Contact Information for Major Homeowners Insurance ProvidersState FarmClaims Phone Number: 800-732-5246Website: www.statefarm.comAllstateClaims Phone Number: 800-255-7828Website: www.allstate.comGEICOClaims Phone Number: 800-841-3000Website: www.geico.comUSAAClaims Phone Number: 800-531-8722Website: www.usaa.comLiberty MutualClaims Phone Number: 800-225-2467Website: www.libertymutual.comTips for a Smooth Homeowners Insurance Claim ProcessThough most homeowners insurance companies make it pretty easy to file a claim, the process can still be intimidating if you've never been through it before. Homeowners insurance claim FAQWhat should I do immediately after damage occurs? If your home insurance claim is denied, contact your insurance company to find out why, then file an appeal. She’s reviewed life insurance and pet insurance companies and has written numerous explainers on travel insurance, credit, debt, and home insurance.

Persons: Steve Wilson, you've, you'll, haven't, Jamela Adam, Read, Asis Alani Asis, Forbes, She’s Organizations: Hippo Insurance, Insurance, Major Homeowners Insurance, Allstate, Liberty, Smooth Homeowners, Records, All Communications, National Association of Public Insurance, National Association of Independent Insurance, Chevron, Forbes, . News, Mint Intuit, Asis, Business, AARP, CNN, Fortune, U.S . News, Finance, University of Hawaii Locations: U.S, Manoa

During the Amazon Prime Day sale today October 8th and 9th, you can snag one of these at-home kits at a fraction of the price. There's certainly no shortage of teeth whitening products to choose from these days, but Crest 3D Whitestrips remain the number one dentist-recommended option. New York City orthodontist Dr. Janet Stoess-Allen, DMD, previously told Business Insider that she often suggests her patients try Crest Whitestrips. The good news: there's a Crest Whitestrips deal for everyone during the Prime Day sale. Check out our roundup of all of the best Prime Day deals, or browse Amazon's website for the full selection.

Persons: There's, Dr, Janet Stoess, Allen, DMD, Stoess, there's, it's Organizations: Business, Amazon Prime, Prime Locations: York City

☆ Nobel Prize in physics 2024 awarded for work on artificial intelligence to John Hopfield and Geoffrey Hinton
▼ + stars: | 2024-10-08 | by ( Christian Edwards | Katie Hunt | ) edition.cnn.com time to read: +6 min

CNN —The 2024 Nobel Prize in physics has been awarded to John Hopfield and Geoffrey Hinton for their “foundational discoveries” that enable machine learning with artificial neural networks. Mimicking the brainAI has become shorthand for machine learning using artificial neural networks. Whereas the brain’s neurons communicate with each other through synapses, artificial nodes influence each other through connections. You can train an artificial neural network by developing stronger connections between the nodes, just like you can train the brain. Did you know that an artificial neural network is designed to mimic the brain?

Persons: John Hopfield, Geoffrey Hinton, Hopfield, Hinton, ”, Jonathan Nackstrand, Ellen Moons, “, —, Hopfield’s, “ I’m, ” Hinton, There’s Organizations: CNN, Princeton University, University of Toronto, Getty, Physics, Hopfield, Google Locations: Sweden, AFP

☆ McDonald’s is struggling. So is its big french fry supplier
▼ + stars: | 2024-10-08 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +2 min

That’s hurting french fry suppliers like Lamb Weston. This shift has taken a toll on Lamb Weston because people are less likely to cook french fries at home. Around 80% of french fries consumed in the United States come from fast-food chains, according to Lamb Weston. McDonald’s has launched a $5 meal, which includes a McDouble cheeseburger or a McChicken sandwich, small french fries, 4-piece chicken nuggets and small soft drink. “Many of these promotional meal deals have consumers trading down from a medium fry to a small fry,” Lamb Weston CEO Thomas Werner said last week on an earnings call.

Persons: Lamb Weston, McDonald’s, ” Lamb Weston, Thomas Werner, Lamb, R.J, Placer.ai Organizations: New, New York CNN Locations: New York, North America, Washington, United States

☆ Pete Buttigieg says 'the best thing to do is just to pick up the phone' to talk out a workplace issue. Experts agree — with some exceptions.
▼ + stars: | 2024-10-07 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +6 min

Experts say phone calls can resolve conflicts better than digital communication. AdvertisementPicking up the phone really is the best way to figure things out when issues arise with colleagues, experts say. "And, I think, to me, it's an example of how often the best thing to do is just to pick up the phone." Phone calls, in comparison, allow for real-time, personal discussions "where tone and emotion are conveyed much more clearly," McLean said. But phone calls, in general, also help build better relationships in the long run, Sundaram said.

Persons: Pete Buttigieg, Elon, Hurricane Helene, —, Helene, Buttigieg, Khyati Sundaram, Sundaram, Victoria McLean, McLean, David Rice, Musk, Rice, isn't, Sophie O'Brien, O'Brien, they've, Emily Maguire, Tara Arutunian Organizations: Hurricane, Service, MSNBC, Wall Locations: Asheville , North Carolina, New York

☆ What it's like to launch a startup with friends, according to 3 Gen Z cofounders who created a childcare startup together
▼ + stars: | 2024-10-07 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +6 min

"Sasha was basically our mom's third son," Daniel Andrews told Business Insider. Around 60% of Gen Z founders who were surveyed had involved their friends in the business, compared to 42% of millennials and 21% of Gen X and boomers. Advertisement"We're each other's biggest fans, but we're also each other's biggest critics," Daniel Andrews said. "Being a first-time founder, it is incredibly beneficial to work with friends and family who can step up and take on that work. "If you have friends that you find that are like slowing you down, or like trying to distract you, or other things, those might not be the best friends to launch a startup with," Daniel Andrews said.

Persons: Sasha Reiss, Andrews, Zs, —, Daniel, Josh Andrews, Sasha, Daniel Andrews, Reiss, Japan —, Gen, X, we're, We've, I've, it's, we've Organizations: Service, Business Locations: Mexico, Brazil, Korea, Japan

☆ A year on from October 7, the Middle East is facing its greatest upheaval in a half-century
▼ + stars: | 2024-10-07 | by ( Nic Robertson | ) edition.cnn.com time to read: +8 min

Propelled by US incentives, Saudi Arabia and Israel seemed closer than ever to a historic normalization of relations. It was October 10, and Major General Itai Veruv of the Israel Defense Forces (IDF) was leading the first international press access to see the devastation of Hamas’ attacks. Israel's Prime Minister Benjamin Netanyahu is unwilling to be a partner in a deal that would resow Middle East relations. Nearly 42,000 Palestinians in Gaza have been killed, many by US bombs and bullets in Israel’s hands, authorities in Gaza say. Tehran’s Shia proxies in Iraq have also answered its calls and begun escalating drone attacks on Israel.

Persons: Butchery, Yahya Sinwar, Itai Veruv, General Eisenhower, Benjamin Netanyahu, Jack Guez, haven’t, Israel’s, Netanyahu, Joe Biden’s, Hassan Nasrallah, Israel –, Biden, Mohammed Bin Salman, Anwar Gargash, cleaver Organizations: CNN, Hamas, Aza, Israel Defense Forces, Israel's, Getty, West Bank, Saudi, Saudi’s Crown, MBS Locations: Israel, Saudi Arabia, Gaza, AFP, Lebanon, Iran, United States, Tehran, Tel Aviv, Iraq, Saudi, Palestinian, UAE

☆ Walmart-owned Sam's Club tests a future without checkout lines
▼ + stars: | 2024-10-07 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +5 min

Sam's ClubGRAPEVINE, Texas — When shoppers walk into Sam's Club's newest store, they'll soon see a shiny blue Mercedes-Benz SUV, a sectional sofa and zero checkout lanes. Sam's ClubSince Walmart's founder Sam Walton opened the first Sam's Club in 1983, the membership-based club has become the more tech-savvy arm of its retail-behemoth parent. Nicholas said upon its reopening, the location will become a testing ground for Sam's Club's newest features and emerging technology. Sam's Club and Costco have roughly the same number of U.S. clubs, but Costco pulls in about twice as much annual revenue. Sam's Club also opened The Clubhouse in August, an approximately 37,000-square-foot office building across from the retailer's headquarters in Bentonville, Arkansas.

Persons: they'll, Chris Nicholas, Sam Walton, It's, Nicholas, you've, Peter Keith, Piper Sandler, — Organizations: Benz, Walmart, Sam's Club, Club, Costco, Sam's, Costco Costco, Costco's U.S Locations: Dallas, GRAPEVINE , Texas, Bentonville , Arkansas, U.S, Grapevine

☆ Brace for stock-market volatility this week if inflation comes in hot after the September jobs report, BofA says
▼ + stars: | 2024-10-07 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +3 min

A blockbuster jobs report raises the stakes for upcoming inflation data, BofA analysts say. AdvertisementThe September jobs report was good news, but it gives investors more reason to brace for the next inflation reading, Bank of America analysts say. Economists forecast the CPI report will show inflation continued to cool last month, rising 2.3% year-over-year compared to 2.5% in August. AdvertisementHowever, with the blockbuster September jobs report, some economists say inflation is still a concern. The September jobs report blew past forecasts, with 254,000 nonfarm payrolls added compared to expectations of 150,000.

Persons: —, Brian Rose Organizations: Service, Bank of America, CPI, Fed, UBS

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