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☆ Malaysia must avoid 'boom-bust' cycles to finally claim Asian Tiger status, central bank governor says
▼ + stars: | 2024-10-25 | by ( Shafi Musaddique | ) www.cnbc.com time to read: +4 min

Abdul Rasheed Ghaffour, governor of Bank Negara Malaysia, during a news conference at Sasana Kijang Center, which houses Bank Negara Malaysia facilities, in Kuala Lumpur. Malaysia is working toward having the "the right ingredients" to finally claim "Asian Tiger" status, but must avoid the traps of widening inequality seen elsewhere. That's according to Abdul Rasheed Ghaffour, the governor of the central bank of Malaysia, who believes the southeast Asian country must avoid a "boom-bust cycle that has happened before." But it may be a case of better late than never, thanks to better-than-expected economic growth this year. Ghaffour said Malaysia is moving into producing logic chips — more advanced chips often know as the brains of electronic devices.

Persons: Abdul Rasheed Ghaffour, Ghaffour, Karen Tso, Donald Trump, Kamala Harris Organizations: Bank Negara Malaysia, Bank Negara, Washington , D.C, CNBC, Asian Tigers, Oxfam, Taiwan's, Budget, Accounting, Statistics, Tech, Intel, Economic, ASEAN, Republican, Democratic Locations: Bank, Bank Negara Malaysia, Kuala Lumpur, Malaysia, Hong Kong, Singapore, Taiwan, South Korea, Washington ,, Hong Kong's, Penang, European, U.S, Malaysian, Thailand, Indonesia .

☆ Nestlé and L'Oréal are betting on a longevity supplement made from pomegranate juice
▼ + stars: | 2024-10-25 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +9 min

Urolithin A supplement company Timeline has investments from both Nestlé and L'Oréal. This year, the conversation quickly turned to the supplement du jour, the compound that has drawn investment from both Nestlé and L'Oréal: Urolithin A. Starting in 2008, Rinch's supplement company, Amazentis, funded over a dozen studies on urolithin A, including some relatively large, placebo-controlled trials in people — a rarity in supplement research. Urolithin A has also captured the attention of longevity researchers, who are typically more skeptical about products promising to make you young again. Timeline was on the agenda at this year's ARDD, an annual longevity research conference held in Copenhagen in August.

Persons: —, There's, Urolithin, Hilary Brueck, Chris Rinsch, Rinsch, Johan Auwerx, Amazentis, Auwerx, He's, Mark Hyman, Dave Asprey, Gwyneth Paltrow's, Will Cole, Dominic Denk, Denk, wouldn't, Timeline's, Andrea Maier, it's, Maier Organizations: Service, VC, Business, Frankfurt University Hospital, National University of Singapore Locations: Gstaad, Swiss, skincare, urolithin, Davos, Copenhagen, Germany, Switzerland, Nestlé

☆ The rape claims that tie the Menendez case to Menudo: ‘There might be other victims,’ doc producer says
▼ + stars: | 2024-10-25 | by ( Jason Kravarik | Elizabeth Wagmeister | ) edition.cnn.com time to read: +3 min

Rosselló first publicly shared his account in “Menendez + Menudo: Boys Betrayed” in 2023, which prompted calls to reexamine the Menendez brothers’ sentences in light of their abuse claims. ‘That’s the man… that raped me’Rosselló recalled in “Menendez + Menudo: Boys Betrayed” that he was 13 years old when he met Jose Menendez. This guy, that’s the pedophile,” Rosselló said in docuseries as he pointed to a photo of Jose Menendez. “Jurors never knew that Jose Menendez raped Rosselló a second time in a New York City hotel,” the filing states. He’s very clear.”CNN reached out to Rosselló regarding Gascón’s recommendation to resentence the Menendez brothers, but he was not available for comment.

Persons: CNN — Erik, Lyle Menendez, Menendez, ’, Jose, Kitty Menendez, George Gascón, Erik, Roy Rosselló, Jose –, Rosselló, “ Menendez, “, Jose Menendez, ” Robert Rand, ”, Lyle, Eric Menendez, Rand, ‘, ’ Rosselló, ” Rosselló, ” Rand, Esther Reyes, ” Reyes, “ Roy, Roy, ” “ Roy Organizations: CNN, RCA Records, Netflix Locations: California, Los Angeles County, “, docuseries, New York City, Brazil, Los Angeles

☆ Innovations in glass technology are driving progress in energy, sustainability, and consumer products. Here's what that looks like.
▼ + stars: | 2024-10-25 | by ( ) www.businessinsider.com time to read: +7 min

Since Otto Schott invented specialty glass in 1884, the simple material has become a cornerstone of modern technology, and driving innovation. From semiconductors to clean energy, home tech, and electric vehicles, glass is the silent enabler of progress. Specially engineered laser glass helped researchers achieve what was once thought impossible: creating more energy from a reaction than was put into it. The light, amplified by active laser glass and focused through precisely crafted optical glass, delivered significant energy to a tiny fuel pellet, triggering a fusion reaction that produced a net energy gain. The fusion reaction generated 3.15 megajoules of energy, exceeding the 2.05 megajoules of laser energy delivered to the target.

Persons: Bill James, Otto Schott, SCHOTT Organizations: SCHOTT North, Industry, photonics, Lawrence Livermore National Laboratory, SCHOTT, Insider Studios Locations: SCHOTT North America

☆ I was a loyal iPhone user but switched to a foldable smartphone not yet available in the US. It was worth it — even at double the price.
▼ + stars: | 2024-10-25 | by ( Shubham Agarwal | ) www.businessinsider.com time to read: +7 min

I do everything on my phone: reading books, catching up on TV shows, doing the daily crossword. I was intrigued by foldable smartphonesAgarwal's most recent iPhone compared to his new Honor Magic V3 folded. Unfolded, the Magic V3 is 4.4mm thin, half the width of the latest iPhone 16.iPhone 13 Pro side on with the Honor Magic V3 folded. Shubham AgarwalAs with any other smartphone, the Honor Magic V3 has a tall 6.43-inch screen that dominates the front. The Honor Magic V3 is the first of many folding phones that challenge the smartphone status quo and could win.

Persons: Shubham Agarwal, Agarwal, —, It's, it's, I've Organizations: Service, Apple, Vodafone, Samsung Locations: China, Europe

☆ Skeletal remains of ‘Well-man’ linked to centuries-old Norse text
▼ + stars: | 2024-10-25 | by ( Ashley Strickland | ) edition.cnn.com time to read: +9 min

CNN —Researchers have connected the identity of skeletal remains found in a well at Norway’s Sverresborg castle to a passage in a centuries-old Norse text. The text is rich in detail, including full names, locations, battles and military strategy as well as Sverre’s speeches. For the latest study, Martin and his colleagues wanted to bring together historical, archaeological and genetic context for Well-man’s remains. Excavations in 2014 and 2016 unearthed more of Well-man's remains, including his skull. Norwegian Institute for Cultural Heritage ResearchA surprising portrait of Well-manAn initial radiocarbon dating analysis helped the research team confirm that Well-man’s remains were about 900 years old, which aligns with the timeline in the Sverris saga.

Persons: King Sverre Sigurdsson, —, It’s, ”, Michael D, Martin, they’re, King Sverre, King Sigurd Munn, Sverre, Munn, “, Dr, Martin Ellegaard, Agnar Helgason, King Sverre’s, ” Martin, ” Ellegaard, Maja Krzewińska, Krzewińska, ” Krzewińska, he’s Organizations: CNN —, Cell Press, Norwegian University of Science, Technology’s University Museum, Roman Catholic Church, Norwegian Institute for Cultural Heritage, Technology, Palaeogenetics Locations: Norway, Trondheim, Europe, Bergen, Sverresborg, what’s, “, Stockholm, Sweden

☆ Cramer’s week ahead: Earnings from Alphabet, Meta, Apple, Microsoft and Amazon
▼ + stars: | 2024-10-25 | by ( Kristian Burt | In | ) www.cnbc.com time to read: +4 min

With massive corporations including Alphabet , Meta , Apple , Microsoft and Amazon set to report earnings next week, CNBC's Jim Cramer on Friday urged investors to keep a level head. "Just please remember, the first move's been the wrong move almost half the time since this earnings season began. Monday starts off the week with earnings from Ford . Tuesday brings McDonald's earnings report, and Cramer said to expect "a full airing of the e-coli situation," but that it is too early to tell how much damage it will do to the fast food chain. The monster week for earnings will continue into Thursday, as both Apple and Amazon will report after the bell.

Persons: CNBC's Jim Cramer, Cramer, Chipotle, Brian Niccol's, Eli Lilly, Meta, Chevron's, Hess, Exxon doesn't Organizations: Apple, Microsoft, Federal Reserve, Ford, Disease Control, Prevention, Royal, PayPal, Caterpillar, Meta, Merck, Bristol, Oil titans Chevron, Exxon, Chevron Locations: Gulf of Mexico, Myers

☆ What's in a title? How hedge funds and their employees use the industry's lack of consistency to their advantage
▼ + stars: | 2024-10-25 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +9 min

The lack of uniformity allows both firms and employees to present themselves in the best light. This lack of uniformity and the relentless war for talent has firms and employees alike taking advantage of the ambiguity. Rokos has two dozen employees with the title "investment officer" in their LinkedIn profiles. At Coatue, executives sign off on what employees put as their title on LinkedIn, people familiar with the firm's operations said. Members of Tiger Global's front-office team use "investor" as their title on LinkedIn instead of a more specific role.

Persons: —, David Einhorn's, James Fishback, Morgan Stanley, Goldman Sachs, Ken Griffin, Gerald Beeson, Sjoerd, Google's Paul Darrah, Jose Gamez, Rokos, Chris Rokos, Paul Enright, Townie Wells, Enright, Jain, Tiger, Marshall Wace, D.E, Shaw, allocators, Elliott, Don Steinbrugge, Steinbrugge Organizations: Service, Goldman, Bloomberg, Business, Industry, Citadel, Citadel Securities, Jain, Townie, Viking Global, Sigma, Fund, Talent, Agecroft Partners Locations: Greenlight, Miami, Palm Beach, London, Wells, Coatue

☆ Biden apologizes to Native Americans for abusive government-funded boarding schools
▼ + stars: | 2024-10-25 | by ( Michael Williams | ) edition.cnn.com time to read: +2 min

CNN —President Joe Biden on Friday formally apologized to Native Americans for what he described as “one of the most horrific chapters in American history,” government-funded boarding schools that abused indigenous children and forced them to assimilate over a 150-year period. Three years ago, Interior Secretary Deb Haaland, the first Native American to serve as a Cabinet secretary, commissioned the Federal Indian Boarding School Initiative to review the schools’ impacts on Native Americans. Their final report, issued this summer, found at least 973 Native American children died while attending these federal boarding schools. It’s the first time he has visited Indian Country as president and the first time in 10 years a sitting president has visited tribal lands. He paused his speech to say that the killing of people in Gaza “has to stop.”CNN’s Arlette Saenz contributed to this report.

Persons: Joe Biden, ” Biden, Deb Haaland, “, ”, ” Biden’s, Barack Obama, Biden, “ we’re, CNN’s Arlette Saenz Organizations: CNN, Federal Indian Boarding School Initiative, “, Gila Crossing Community School, Country, Sioux, Palestine Locations: Laveen , Arizona, American, Gila, Phoenix, Gaza

☆ Anthony Davis, Zion Williamson and 9 other NBA players ready for big years
▼ + stars: | 2024-10-25 | by ( John Hollinger | ) www.nytimes.com time to read: +16 min

The Basketball 100 The story of the greatest players in NBA history. In 100 riveting profiles, top basketball writers justify their selections and uncover the history of the NBA in the process. I had the Most Improved Player (Maxey), but none of the other 13 players who received votes made my list. Zion Williamson, PF/C, New OrleansThis one is a pure eye-test call: Williamson finished last season playing the best basketball of his career. (Photo of Anthony Davis and Zion Williamson: Tyler Kaufman / Getty Images)

Persons: Tyrese Maxey, wasn’t, James Harden, Maxey, — I’ll, Anthony Edwards, Chet Holmgren, Scottie Barnes, Charlotte’s Mark Williams, Davis, He’s, LeBron James ’, Anthony Davis, Dyson Daniels, Daniels, Zion Williamson, Williamson, Zion, Amen Thompson, Thompson, Josh Giddey, Chicago Giddy, he’s, Jalen Williams, Williams, it’s, RJ Barrett, Barrett, Tre Mann, Miles McBride, John Jones, Charlotte Mann, Mann, Charlotte’s, there’s, Julian Strawther, Denver I’m, Nuggets hadn’t, Kentavious Caldwell, Cam Thomas, Brooklyn I’m, Thomas, Dennis Schröder’s, Thomas ’, Powell, Norm, ”, Leonard, Russell Westbrook, Paul George, Harden, he’ll, Zach Harper, Tyler Kaufman Organizations: Philadelphia 76ers, NBA, Minnesota Timberwolves, Lakers, Denver Nuggets, Davis, SG, Hawks, Pelicans, Houston, League, Chicago, New Orleans, Thunder, Bulls, Oklahoma, Raptors, Knicks, USA, Hornets, Denver, Nuggets, Nets, Brooklyn, Clippers, The Athletic Locations: Atlanta, New Orleans, PF, positionless, Houston, Wembymania, Chicago, Oklahoma City, SF, Toronto, Canada, New York, Gonzaga, Brooklyn, playmaking, Phoenix

Los Angeles County District Attorney George Gascón said Thursday he will seek resentencing for Lyle and Erik Menendez in their parents' murders, paving the way for their potential release from prison after decades. Defense attorneys also provided evidence that one of the members of the Menudo boy band alleged he was sexually abused by José Menendez, Gascón said. Lyle and Erik Menendez alleged sexual abuse by their father at their first trial. Lyle Menendez is now 56, and Erik Menendez is 53. “Erik and Lyle Menendez’ motive was pure greed,” Cady wrote in the letter, which was sent Oct. 14.

Persons: George Gascón, Lyle, Erik Menendez, Gascón, resentencing, Menendez, ” Gascón, ”, “, ” Joseph “ Lyle ” Menendez, José Menendez, Kitty Menendez, Roy Rosselló, “ Menendez, Anamaria Baralt, Erik, Lyle Menendez, Prosecutors, Milton Andersen, Kitty Menendez’s, “ Mr, Andersen, Kathy Cady, “ Erik, ” Cady, Clara Shortridge Foltz, Relatives, they’ve, José Menendez’s, ” Joan Andersen VanderMolen, “ Lyle, Eric Organizations: Angeles, Beverly Hills, Defense, Menudo, RCA, Unit, Los Angeles County DA, Resentencing, Clara Shortridge Foltz Criminal, Center Locations: Angeles County, Beverly, California, resentencings, Los Angeles

His father, Frank Radcliff, is the church's senior pastor. The date of offense for the charges against Radcliff is June 27, 2014, according to court records. But the church, which is cooperating with the police investigation, shed more light on what Radcliff is accused of doing in its statement. An ardent supporter of former President Donald Trump, Radcliff also posted a video on YouTube of himself performing his patriotic anthem “I’ll Stand” in November 2019 as part of the convocation at Liberty University. Donald Trump Jr. can be seen in the background along with then Liberty University President Jerry Falwell Jr.

Persons: moonlights, Zachary Radcliff, Frank Radcliff, “, Radcliff, Zachary, ” Radcliff, Ann Arbor, ”, Donald Trump, Donald Trump Jr, Jerry Falwell, Kimberly Guilfoyle, Becki Falwell, Tim Lee, Charlie Kirk Organizations: Oakwood, Michigan State Police, Liberty Music Group, Liberty University’s School of Music, Conservative Political, YouTube, Liberty University Locations: Michigan, Ypsilanti, Ann Arbor suburb, Ann, Saline, Radcliff

☆ 33+ best gift ideas for men in 2024
▼ + stars: | 2024-10-24 | by ( Cory Fernandez | Cory Fernandez Is A Commerce Editor For Select On Nbc News. | ) www.nbcnews.com time to read: +22 min

Brainstorming great gift ideas for men in your life, whether it’s your husband, boyfriend, dad or brother, goes a long way in making their holiday memorable. To find the best gift ideas for men, I gathered a long list of products and even got recommendations from my fellow NBC Select editors and writer, who tests hundreds of products every year. SKIP AHEAD The best tech gifts for him | The best food and home gifts for him | The best fitness and wellness gifts for him | The best apparel and accessories gifts for him | Why trust NBC Select? The Amazon Echo Dot is a great gift idea for someone who wants to have a “smart home” but doesnt know quite where to start. The Theragun Mini Massage Gun is a great gift idea for someone who regularly works out and wants to improve their recovery time.

Persons: Apple, Marshall, Jordan Bowman, Bowman, ”, they’ve, Bianca Alvarez, she’s, “, gifting, Alvarez, It’s, Lauren Swanson, They’re, Zoe Malin, Swanson, Harry Rabinowitz, Rabinowitz, Surie, Rosalie Sparaco, I’ve, Le Labo, Abercrombie &, Buck Mason, Steve Madden, TikTok Organizations: NBC, Apple, Apple Watch, Amazon, Bluetooth, Bose, Anker Power Bank, Press, Chicago Marathon, Clifton, Garmin, Adidas, Abercrombie, Abercrombie & Fitch, TSA, Facebook, Twitter Locations: New York City, stow, Lululemon, Patagonia

☆ Lost for centuries, Silk Road cities are revealed by drone technology
▼ + stars: | 2024-10-24 | by ( Hannah Peart | Hannah Peart Is An Intern In The Nbc News London Bureau. | ) www.nbcnews.com time to read: +4 min

Traversed centuries ago by camel-back traders, two long-lost medieval cities that once thrived along the ancient Silk Road have been uncovered by drones sent searching for their secrets. This groundbreaking research in southeastern Uzbekistan could shift our understanding of the Silk Road, a vast network of trade routes that spanned from China to the Mediterranean. But the new research shows the Silk Road network was larger than previously predicted. Although many large urban centers have been discovered in Central Asia, the vast majority of archaeologically documented cities are in lowland riparian settings. The research indicates the two cities produced iron or steel to sell, as well as providing fuel for Silk Road travelers, with the region being surrounded by dense juniper forests.

Persons: Michael Frachetti, Louis, Farhod Maksudov, Frachetti, Tim Williams, ” Organizations: Washington University, Uzbekistan’s National Center of Archaeology, NBC News, University College London Locations: Central Asia, Uzbekistan, China, St, Tashbulak, England, Tugunbulak

☆ Philippine preacher denies accusations of sexual abuse
▼ + stars: | 2024-10-24 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +2 min

Quiboloy, 74, denied the claims, saying: “There is no truth to what they said.” He challenged the accusers to file charges regarding the new allegations. Teresita Valdehueza told senators she left the church after 19 years of membership in 1999 due to the alleged abuse. “If you say I do not want, he will say you did not overcome your flesh. Quiboloy was arrested last month after thousands of police officers searched his sprawling compound in the southern city of Davao. Former President Duterte and his daughter, Vice President Sara Duterte, have accused the police of rights violations and abuse of power in arresting Quiboloy, widening the rift between the Duterte family and President Ferdinand Marcos Jr.’s administration.

Persons: Apollo Quiboloy, “, God ”, of Jesus Christ, ”, Teresita Valdehueza, God, ” Valdehueza, undressed, ” Yulya, Quiboloy, Tartova, Rodrigo Duterte, Duterte, Sara Duterte, Ferdinand Marcos Jr Organizations: Federal Bureau of Investigation Locations: MANILA, Philippines, Philippine, of, Ukrainian, Davao, United States

☆ Amir Abdur-Rahim: USF men’s head basketball coach dead at 43
▼ + stars: | 2024-10-24 | by ( Jacob Lev | ) edition.cnn.com time to read: +3 min

CNN —University of South Florida men’s head basketball coach Amir Abdur-Rahim died Thursday from complications during a medical procedure, the university said. “Coach Abdur-Rahim leaves a lasting impact on our student-athletes, the University, and the community,” Kelly continued. In 2019-2020, the Owls went 1-28 but under Abdur-Rahim, the program turned it around and three years later, made it to the NCAA tournament. We are heartbroken over the passing of Coach Abdur-Rahim. pic.twitter.com/h353f3FNno — USF Men's Basketball (@USFMBB) October 24, 2024In 2022-2023, the Owls finished with a 26-9 record and Atlantic Sun Conference (ASUN) regular-season and tournament titles.

Persons: Amir Abdur, Rahim, Michael Kelly, Abdur, ” Abdur, ” Kelly, h353f3FNno —, Xavier, Rhea Law, ”, Law, Shareef, CNN’s Coy, “, Arianne Organizations: CNN — University of South, CNN — University of South Florida men’s, USF, Bulls Nation, Bulls, American Athletic Conference, University, Kennesaw State Owls, Owls, NCAA, h353f3FNno — USF, Atlantic Sun Conference, NBA, Arkansas Locations: CNN — University of South Florida, Tampa, Kennesaw, Florida, Jacksonville

☆ Prospects of a Trump win and huge tariffs spark worst sell-off for emerging market stocks in 10 months
▼ + stars: | 2024-10-24 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +3 min

The slump comes as investors price in higher odds of a Trump win in the upcoming US election. Emerging market stocks are headed for their worst monthly decline since January, with the MSCI Emerging Markets Index falling for a fourth day on Thursday for a 3.1% decline this month. A select few EM stocks have taken the biggest hits, with Samsung, Alibaba, Tencent, and Meituan accounting for more than half of the index's fall. "There has been a significant change in investor sentiment, and investors' risk budgets have likely been changing as a function of that." Investors are also expressing disappointment in China's stimulus measures, which initially fueled a rally in EM stocks last month.

Persons: Trump, —, It's, Donald Trump, Joe Biden, Harris Organizations: Trump, Service, Samsung, Citi Locations: China

☆ House GOP committee that oversees elections hired two former Trump officials involved in 2020 fake elector scheme
▼ + stars: | 2024-10-24 | by ( Annie Grayer | ) edition.cnn.com time to read: +9 min

They previously hired Thomas Lane, another Trump official who served as a backup fake elector in Arizona in 2020, to lead their investigation into elections. Findlay has worked closely with Mitchell, who helped Trump try to overturn the 2020 election. Republicans on the committee previously hired another Trump official who served as a backup fake elector in Arizona in 2020, to lead their investigation into elections. Emails obtained by CNN show that Lane was involved in the planning of who would serve as fake electors in Arizona, collecting contact information and discussing where the fake electors would meet. Lane was slated to be a substitute elector if there were absences on the day the fake electors in Arizona met, documents obtained by CNN show.

Persons: Donald Trump, Bryan Steil of, Joshua Findlay, Thomas Lane, Trump, Mark Meadows, Cleta Mitchell, Georgia’s, Bryan Steil, ”, Findlay, ” Findlay, Mitchell, “, Lane, ” Lane, Kenneth Chesebro, Kelli Ward, Steil, ” Steil, ActBlue, Steil’s, “ It’s, ” CNN’s Marshall Cohen, Zachary Cohen, Paula Reid Organizations: CNN — House Republicans, GOP, Trump, Capitol, Administration, Republicans, CNN, Republican National Committee, Conservative Partnership Institute, Network, “, Republican National Committee’s, Coalition, Department of Justice, Democratic, Democrat Party Locations: Bryan Steil of Wisconsin, Arizona, Georgia, ActBlue, Juneau , Wisconsin

Los Angeles CNN —Los Angeles County District Attorney George Gascón is expected to announce his decision Thursday afternoon on whether to recommend resentencing in the case of Erik and Lyle Menendez, who were convicted of murdering their parents more than three decades ago. A judge will ultimately decide on the brothers’ case, and a hearing on the matter has been scheduled for November 26. The attorneys also said a letter Erik Menendez wrote to a cousin months before the killings alludes to the abuse he endured. The brothers’ story has taken on new interest following the September release of the Netflix series, “Monsters: The Lyle and Erik Menendez Story,” co-created by Ryan Murphy and Ian Brennan. Netflix also released a documentary on the Menendez case this month featuring both men discussing what led to the killings.

Persons: George Gascón, Erik, Lyle Menendez, Gascón, CNN’s Jake Tapper, Menendez, Jose, Kitty Menendez, Lyle, Roy Rosselló, Jose Menendez, Erik Menendez, ”, Ryan Murphy, Ian Brennan, Joan VanderMolen, Kitty Menendez’s Organizations: Los Angeles CNN, Menudo, Netflix, CNN Locations: Angeles County, Los Angeles, California, Beverly

☆ Our software stocks jump, and industrial earnings teach an investment lesson
▼ + stars: | 2024-10-24 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Dover CEO Richard Tobin discussed the dynamic on the company's third quarter earnings call earlier Thursday . As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, it's, Tesla, ServiceNow, Salesforce, Oppenheimer, Textron, It's, We're, Richard Tobin, Tobin, Edwards Lifesciences, Dexcom, Newell, Jim Cramer's, Jim Organizations: CNBC, ., Nasdaq, Dow Jones, Palo Alto Networks, Honeywell, Dover, Carrier Global, Aerospace, Union Pacific, United Parcel Service, Barclays, UPS, Federal Reserve, Boston Beer, Abbott Laboratories, Colgate, Palmolive, Centene, Newell Brands, New York Community Bancorp, Commerce Department, University of, Jim Cramer's Charitable Locations: Palo, Dover

☆ Biden expected to apologize for federal government’s role in Indian boarding schools
▼ + stars: | 2024-10-24 | by ( Arlette Saenz | ) edition.cnn.com time to read: +5 min

CNN —President Joe Biden is expected to issue an apology to the Native American community for the federal government’s role in the abusive Indian boarding schools that forced Native American children to assimilate over a 150-year period, two sources familiar with the plans said. “The federally-run Indian boarding school system was designed to assimilate Native Americans by destroying Native culture, language and identity through harsh militaristic and assimilationist methods,” the White House said Thursday. In 2021, Interior Secretary Deb Haaland, the first Native American to serve as a Cabinet secretary, commissioned the Federal Indian Boarding School Initiative to review the impact of the federal boarding school policies. The department issued a final report this summer confirming at least 973 Native American children died while attending these federal boarding schools. At least 18,000 children were taken from their families and forced to attend more than 400 Indian boarding schools across 37 states or then-territories between 1819 and 1969.

Persons: Joe Biden, “, ” Biden, Biden, Deb Haaland, –, ” Haaland, Harris, Stephen Lewis, ” Lewis, Lewis, Whitney Gravelle, Rodney Butler, Gena Kakkak, Jill Biden, Kamala Harris ’, Donald Trump Organizations: CNN, Indian Nations, Gila Crossing Community School, Washington Post, Federal Indian Boarding School Initiative, Department, Biden, Bay Mills Indian Community, Pequot Tribal, Air Force, White, American, Plan Locations: Gila, Phoenix, Indian, American, Bay Mills, Menominee, Arizona

☆ Liam Payne’s tragic death reflects an industry that has too often failed young talent
▼ + stars: | 2024-10-24 | by ( Will Ripley | ) edition.cnn.com time to read: +7 min

Now, his untimely death is reigniting urgent conversations about the mental health and addiction struggles that so often afflict young stars thrust into the limelight. Christopher Polk/Getty Images Payne takes a selfie with fans at the 2014 ARIA Awards in Sydney. Terence Patrick/CBS/Getty Images Payne poses for photos with his then partner Cheryl Cole at the 2018 BRIT Awards in London. Joe Maher/FilmMagic/Getty Images Payne performs on "The Today Show" in 2019 to promote the release of his first solo album. Kate Green/Getty Images Payne warms up before Soccer Aid for UNICEF 2023 charity match in Manchester, England.

Persons: Liam Payne’s, Payne rocketed, ”, Sharon Osbourne, Osbourne, Payne, Guy Chambers, Robbie Williams, “, Robbie, ” Chambers, Payne ”, I’m, Payne’s, Liam Payne, James Shaw, Shutterstock Payne, Louis Tomlinson, Zayn Malik, Harry Styles, Niall Horan, Nicole Scherzinger, Ken McKay, Shutterstock, Dave Hogan, Christopher Polk, Cameron Spencer, James Corden, James Van Der Beek, Jim Gaffigan, Terence Patrick, Cheryl Cole, Bear, Joe Maher, FilmMagic, Kate Green, Will Matthews, Marc Piasecki, Luis Robayo, Singer Liam Payne, Williams, Demi Lovato Organizations: CNN, Observer, “, Men’s Health, Disney, Party, Fremantle Media, Getty, CBS, NBC, Soccer Aid, UNICEF Locations: Buenos Aires, London, Wolverhampton , England, Barbados, Los Angeles, Sydney, Manchester, England, Paris, AFP

☆ 'You have to not be afraid to ask the obvious questions': How The Wall Street Journal's editor is remaking the paper
▼ + stars: | 2024-10-24 | by ( Peter Kafka | ) www.businessinsider.com time to read: +11 min

Emma Tucker became The Wall Street Journal's first-ever female editor-in-chief in 2023. So we're doing things to make our audiences engaged, rather than thinking about "this is how we do things." What's not useful to Wall Street Journal readers? I mean, the amount of time that people spend reading The Wall Street Journal has gone up. And the one thing I can say with absolute certainty is there is a place for Evan at The Wall Street Journal.

Persons: Emma Tucker, Joe Biden's, Evan Gershkovich, —, Murdoch, Joe Biden, Weeks, Biden, Tucker, Joe, It's, Mike Johnson, Kevin McCarthy, I've, there's, You've, We've, We're, we've, you've, Evan Organizations: Service, Sunday Times, Washington, Wall Street, Street Locations: Joe Biden's, England, Russia

☆ Bed Bath & Beyond owner to lay off 20% of its workforce
▼ + stars: | 2024-10-24 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +3 min

Bed Bath & Beyond's owner said in a regulatory filing that it will cut one-fifth of its workforce. AdvertisementThe parent company of Bed Bath & Beyond plans to lay off one-fifth of its workforce in a move to save $20 million per year. AdvertisementEarlier in the week, Beyond and Kirkland's Home announced a $25 million deal to open small-format, 15,000 square-foot "neighborhood" Bed Bath & Beyond locations across the US. Related storiesThe $21.5 million deal covered trademarks, internal business data, and e-commerce platforms, including websites and mobile apps, but no physical stores or inventory. The company said at the time that the additional Bed Bath & Beyond loyalty program shoppers tripled Overstock's existing customer base.

Persons: —, Adrianne Lee, Dave Nielsen, Overstock, Dominick Organizations: Inc, Service, Bed, Kirkland's, Business Locations: Utah

☆ Firefly fossil reveals a previously undiscovered species that flickered during the time of dinosaurs
▼ + stars: | 2024-10-24 | by ( Taylor Nicioli | ) edition.cnn.com time to read: +5 min

And now scientists have confirmed a new one: Diverse firefly species lit up the night during the late Mesozoic. The discovery comes from a fossil of an ancient firefly species that was initially discovered in 2016, trapped in 99 million-year-old Burmese amber from northern Myanmar. The beetle is only the second firefly species from the Mesozoic to be identified. Because only one other Cretaceous firefly species has been identified, “this new species can be used to revisit the (July 2022 study) to better date the evolution of fireflies given the new evidence,” he added. Firefly diversityThere are more than 2,000 firefly species found today, according to the Natural History Museum in London.

Persons: Flammarionella, ”, Chenyang Cai, Cai, Oliver Keller, Ann Arbor, ” Keller, Keller, Camille Flammarion, Robin Kundrata, Kundrata, ” Kundrata Organizations: CNN, Royal Society, Biological Sciences, Nanjing Institute of Geology, Chinese Academy of Sciences, University of Michigan, Palacký University Olomouc Locations: Myanmar, Beijing, Ann, London, Czech Republic

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