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An unemployed UX designer, Lei had taken it upon herself to create the perfect work bag. Today, Lei is the 28-year-old CEO and founder of Freja, a New York-based company that sells work totes, shoulder purses and travel accessories. A 'really, really slow' startIn February 2019, Lei was a soon-to-be-unemployed graduate student at Cornell University preparing for a job interview in New York. She tried pairing three different work bags with her outfit, and none of them worked. "It was really, really slow for the first two years," says Lei.

Persons: Jenny Lei, She'd, Lei, —, Freja, Louis Vuitton, Dior, Celine, Loewe, Sandy Liang Organizations: CNBC, Cornell University Locations: Hoboken , New Jersey, New York, Bryant, Brooklyn, Guangzhou, China

☆ 24-year-old's businesses are on track to bring in $1.7 million this year—how he knows an idea is worth pursuing
▼ + stars: | 2024-11-19 | by ( Jennifer Liu | ) www.cnbc.com time to read: +3 min

Steven Guo launched his first business when he was 12 — "basically by accident," he says. In 2022, Guo sold one of his first businesses, a jewelry brand that brought in over $2 million in revenue within a year. The 24-year-old now owns and runs several e-commerce ventures set to bring in a combined $1.7 million this year. "By combining these two interests and making a really unique car cover, we can appeal to a much more passionate audience." "One thing that I wish I knew earlier about running a business is that the product isn't necessarily everything," he says.

Persons: Steven Guo, Guo, he's, Steven Guo Another, merch, It's Organizations: University of California Locations: Irvine

☆ ‘Morning Joe’ meeting with Trump was driven by fears of retribution from incoming administration, sources say
▼ + stars: | 2024-11-19 | by ( Brian Stelter | ) edition.cnn.com time to read: +5 min

New York CNN —“Morning Joe” co-hosts Joe Scarborough and Mika Brzezinski announced Monday, in dramatic fashion, that they went to Mar-a-Lago last week for a fence-mending meeting with President-elect Donald Trump. According to two sources with direct knowledge of the matter, Scarborough and Brzezinski were credibly concerned that they could face governmental and legal harassment from the incoming Trump administration. For that reason, there are a wide range of feelings about the “Morning Joe” meeting, according to half a dozen employees who spoke on condition of anonymity. Shortly after the Mar-a-Lago meeting was publicized, lawyer and MSNBC host Katie Phang posted on social media, “Normalizing Trump is a bad idea. On Monday afternoon, Scarborough posted a link on X to a Fox News story about his meeting with Trump.

Persons: Joe ”, Joe Scarborough, Mika Brzezinski, Donald Trump, Scarborough, Brzezinski, Trump, Elon Musk, Matt Gaetz, Gaetz, “, Katie Phang, Chuck Rocha, Joe, Mika, Jeff Jarvis, ”, White, Steve Bannon, Bannon, Andrew Weissmann, Ari Melber, they’re, Fox, ” Scarborough, Jeff Bezos’s, board’s, Kamala Harris, Bezos Organizations: New, New York CNN, Mar, Lago, MSNBC, CNN, Scarborough, Trump, Democratic, ” Veteran, Fox, Washington Post Locations: New York, Scarborough, America, ”

☆ 9 of the most stylish nepo babies
▼ + stars: | 2024-11-19 | by ( Mykenna Maniece | ) www.businessinsider.com time to read: +1 min

AdvertisementNepo babies can have access to the hottest designers and archival pieces. BI spoke with fashion stylists to learn which of today's nepo babies have the best style. Lori Harvey was complimented for her ability to marry grunge and feminine elements in her looks. "But when you have rich, famous people's closets to raid, you're going to have better options than if not," fashion stylist Payton Dale told Business Insider. Though the lines of who counts as a nepo baby remain up for debate — nepo babies, short for nepotism babies, are usually thought of as successful individuals who benefit from their parents' or other relative's success in the same or similar industries — BI reached out to Dale, as well as fashion stylists Maiya Simone and Turner Allen, to learn which nepo babies have the best style.

Persons: Lori Harvey, Payton Dale, Jolie, Pitt rewearing, Elie Saab, Carys Douglas, Catherine Zeta, Jones, Beyoncé, Dale, Maiya Simone, Turner Allen, Here's Organizations: BI

☆ Fintech unicorns are watching Klarna's debut for signs of when IPO window will reopen
▼ + stars: | 2024-11-19 | by ( Ryan Browne | ) www.cnbc.com time to read: +4 min

Last week, Klarna made a confidential filing to go public in the U.S., ending months of speculation over where the Swedish digital payments firm would list. Still, the development drew buzz from fintech circles with market watchers asking if the move marks the start of a resurgence in big fintech IPOs. For now, that doesn't appear to be the case — however, founders say they'll be watching the IPO market, eyeing pricing and eventually stock performance. Hiroki Takeuchi, CEO of online payments startup GoCardless, said last week that it's not yet time for his company to fire the starting gun on an IPO. However, Zopa's CEO added that he's seeing signs pointing toward a more favorable IPO market in the next couple of years, with the U.S. likely opening up in 2025.

Persons: Hiroki Takeuchi, Zed Jameson, Klarna, they'll, Takeuchi, GoCardless, Lucy Liu, Airwallex, it's, Liu, Jack Zhang, We're, fintech IPOs, Navina Rajan, It's, Rajan, Jaidev Janardana, Janardana, that's Organizations: GoCardless, Bloomberg, Getty, Portugal —, CNBC, Summit, British, U.S Locations: LISBON, Portugal, U.S, Lisbon, Europe

☆ Governors Awards red carpet: Barry Keoghan, Paul Mescal and Jude Law give creative twist on traditional shirt
▼ + stars: | 2024-11-19 | by ( Leah Dolan | ) edition.cnn.com time to read: +3 min

But hidden within the typical red carpet fanfare at the Governors Ball in Los Angeles on Sunday night was a group of sartorial renegades, each one taking aim at the traditional button-down shirt. Leading the charge was actor Barry Keoghan, dressed in a full Dolce & Gabbana suit featuring a black cropped satin jacket. Matt Baron/BEI/ShutterstockDrew Starkey paired his red suit with a stand collar and ornate black clasp. His Shakespearean-style blouse might look more at home at a Renaissance fair than a glitzy red carpet, but its off-white shade and tie-front detail gave the Gucci tuxedo a new lease of life. Jordan Strauss/Invision/APWith social media positioning fashion as mainstream entertainment, red carpet dressing has never felt so important to an actor’s digital profile.

Persons: Governors Ball, Barry Keoghan, Kamala Harris, yore, Nicholas Hoult, Matt Baron, BEI, Shutterstock Drew Starkey, Jude Law, Saint Laurent, Drew Starkey, Daniel Craig, Luca Guadagnino’s, ”, Alessandro Michele, Paul Mescal’s, Gucci, Paul Mescal, Jordan Strauss, Robert Wun, Timothée Chalamet, Ball Organizations: CNN, Governors, sartorial renegades, Gabbana Locations: Los Angeles, Rome, London

☆ 5 of the best outfits and 5 that missed the mark at the 2024 Governors Awards
▼ + stars: | 2024-11-18 | by ( Amanda Krause | ) www.businessinsider.com time to read: 1 min

AdvertisementThe Governors Awards are hosted each year to honor impactful members of cinema. This year, Jennifer Lawrence, Lupita Nyong'o, and Barry Keoghan were among the best-dressed stars. Selena Gomez, Angelina Jolie, and Jeremy Strong missed the mark with their outfits. Angelina Jolie, Jennifer Lawrence, and Barry Keoghan were among the actors, directors, and other attendees photographed at the annual Governors Awards on Sunday, hosted at the Ray Dolby Ballroom in Los Angeles. Here's a look at the five best and five worst outfits on the event's black carpet.

Persons: impactful, Jennifer Lawrence, Lupita Nyong'o, Barry Keoghan, Selena Gomez, Angelina Jolie, Jeremy Strong, Ray Dolby Locations: Los Angeles

☆ Rory McIlroy caps tumultuous year with double DP World Tour win
▼ + stars: | 2024-11-18 | by ( Jack Bantock | ) edition.cnn.com time to read: +3 min

CNN —After a year fraught with personal and professional turbulence, Rory McIlroy ended 2024 in his much-frequented happy place: the winner’s circle. I’ve been through a lot this year professionally, personally,” McIlroy told Sky Sports. “Their support means the world to me,” McIlroy told reporters. “I think everyone knows what Seve means to European golf and to Ryder Cup players,” McIlroy said. We had a changing room with Seve’s shirt from ‘95, the last Ryder Cup he played,” he continued, wiping away tears.

Persons: Rory McIlroy, I’ve, ” McIlroy, Bryson DeChambeau, McIlroy, Erica Stoll, “, I’m, “ It’s, everything’s, Richard Heathcote, Rasmus Højgaard, Seve Ballesteros, Colin Montgomerie’s, Seve, ”, Monty Organizations: CNN, Sunday, Dubai, Northern, Golf Estates, Sky Sports, Pinehurst, Getty, Merit, Ryder Cup, Ryder Locations: Dubai, Spanish

☆ Photos show how the winning gowns from the Miss Universe pageant have changed through the years
▼ + stars: | 2024-11-18 | by ( Samantha Grindell | Celia Fernandez | ) www.businessinsider.com time to read: +1 min

AdvertisementThe fashion of the Miss Universe pageant has evolved since the first competition in 1952. The 73rd annual Miss Universe pageant took place on Saturday in Mexico after days of preliminary competition. Related Video Every uniform a US Air Force Academy cadet is issuedAt the end of the night, Miss Denmark Victoria Kjær Theilvig was named Miss Universe 2024. Theilvig's shimmering dress was par for the course for modern Miss Universe contestants, who typically wear sparkly gowns with eye-catching details. Take a look back at the outfits contestants have worn to be crowned Miss Universe throughout the pageant's history.

Persons: Victoria Kjær Theilvig Organizations: Miss Universe, US Air Force Academy, Miss, Victoria Locations: Mexico

☆ Why founders of some small luxury brands are eyeing exits
▼ + stars: | 2024-11-18 | by ( Maria Noyen | ) www.businessinsider.com time to read: +7 min

AdvertisementIndependent luxury brands face pressure to sell or seek investment amid the market downturn. It's a decision some independent luxury brands are confronting amid an industry-wide downturn. Even the biggest and most successful independent brands with cult followings are under pressure. Seize the moment or risk failureEscribano said there's been an uptick of independent brands seeking investors as a survival strategy. For independent brands, Escribano said, the thought process is "either we make it today or we're not here tomorrow."

Persons: It's, Simon Porte Jacquemus, Figaro, Gigi Hadid, Stephane Cardinale, Corbis, Jacqumeus, Blanca Zugaza Escribano, Escribano, there's, Kate Middleton, Dion Lee, Taylor Swift, Mara Hoffman, Roksanda, Chris Jackson, Milton Pedraza, Le Figaro, Jaquemus, Montaigne, Pedraza, Jacquemus, Kering, Valentino, Marc Piasecki Organizations: Fashion, Business, The Brand Group, Luxury Institute, Olympics, Burberry, Brands Locations: Soho , New York City, French, Serbian, Paris

☆ European tech CEOs urge 'Europe-first' mentality to counter U.S. dominance after Trump victory
▼ + stars: | 2024-11-18 | by ( Ryan Browne | ) www.cnbc.com time to read: +7 min

Thomas Plantenga, CEO of used fashion resale app Vinted, on center stage during Web Summit 2024 in Lisbon, Portugal. The Republican politician's victory was a key topic on various prominent tech bosses' lips at the Web Summit conference in Lisbon, Portugal. "It's time for Europe to step up," Yen told CNBC on the sidelines of Web Summit. US Big Tech 'playing extremely unfairly'However, Proton's Yen urged the EU not to water down its push to rein in America's tech giants. 'AI sovereignty' now a key battlegroundAnother theme that attracted much chatter on the ground at Web Summit was the idea of "AI sovereignty."

Persons: Thomas Plantenga, Harry Murphy, Donald Trump's, Andy Yen, Yen, Trump, Proton's Yen, Mitchell Baker, Baker, it's, Plantenga, we'll, OpenAI, Christian Kroll, Shelley McKinley, GitHub, McKinley Organizations: Web, Getty Images, Portugal — Tech, Big, Republican, Proton, CNBC, European Union, Apple, Microsoft, Meta, Markets, US Big Tech, Mozilla Foundation, Google, Trump Locations: Lisbon, Portugal, Getty Images LISBON, Europe, America, EU, Lithuania

☆ NFL Week 11 Sunday review: Steelers edge Ravens in classic, Lions continue best start in 90 years, Chargers hold on late
▼ + stars: | 2024-11-18 | by ( Ben Morse | Homero De La Fuente | ) edition.cnn.com time to read: +11 min

CNN —Week 11 saw late drama, blowout wins and surprising upsets as the 2024 NFL season’s playoff picture became a little bit clearer. Steelers edge Ravens in AFC North classicThe Pittsburgh Steelers and Baltimore Ravens have historically been the dominant forces in the AFC North. “Well, look, this morning I had no hatred in my heart,” Queen told NFL Network’s Cameron Wolfe after the game. (Steelers linebacker Nick Herbig) made a huge play, and it just came out of me playing football, all the emotions. Great team win,” Chargers head coach Jim Harbaugh exclaimed after the game.

Persons: Russell Wilson, Chris Boswell –, Boswell, Justin K, Lamar Jackson, Derrick Henry, Pittsburgh linebacker Patrick Queen, ” Queen, NFL Network’s Cameron Wolfe, “, Nick Herbig, …, Gene J, Jackson, Henry, Justin Tucker, John Harbaugh, ”, it’s, It’s, Jared Goff, Goff, Amon, Ra St, Brown, Jameson Williams, Gregory Shamus, Jahmyr Gibbs, David Montgomery –, ‘, Montgomery, Gibbs, Dan Campbell, ” Campbell, you’ve, David, Jamo, he’s, Jared, Carlos Osorio, Joe Burrow, Burrow, Ja’Marr Chase, Tee Higgins, Gregory Bull, Chase McLaughlin, Justin Herbert, miscues, Herbert, Ladd McConkey, JK Dobbins, Dobbins, Jim Harbaugh, Mary, Higgins, Derwin James Jr, ” Burrow, Harbaugh Organizations: CNN, AFC, Buffalo Bills, Kansas City Chiefs, Steelers, Ravens, AFC North, Pittsburgh Steelers, Baltimore Ravens, Steel City, Pittsburgh linebacker, NFL, ” Lions, Detroit Lions, Jacksonville Jaguars, Ford, Detroit, Lions, Jaguars, Sega, Detroit didn’t, New England Patriots, Super, Minnesota Vikings, Atlanta Falcons, Tennessee Titans, AP Chargers, Bengals, Los Angeles Chargers, Cincinnati Bengals, Chargers, Cincinnati, JK, ” Chargers, Green Bay Packers, Chicago Bears Jacksonville Jaguars, Detroit Lions Las Vegas Raiders, Miami Dolphins Los Angeles Rams, New England Patriots Cleveland Browns, New Orleans Saints Baltimore Ravens, Pittsburgh Steelers Minnesota Vikings, Tennessee Titans Indianapolis Colts, New York Jets Atlanta Falcons, Denver Broncos Seattle Seahawks, San Francisco 49ers Kansas City Chiefs, Buffalo Bills Cincinnati Bengals Locations: Steel, Baltimore, Los Angeles

☆ The Bears lost to the Packers for the 11th straight time, and Sunday's defeat was the worst one yet
▼ + stars: | 2024-11-17 | by ( Rohan Nadkarni | Rohan Nadkarni Is A Sports Reporter For Nbc News. | ) www.nbcnews.com time to read: +2 min

The Chicago Bears entered Week 11 winless against the Green Bay Packers since 2018, having lost 10 straight against their divisional rival. That streak extended to 11 on Sunday as the Bears lost again — this time in devastating fashion. Playing in his first game against the Packers, Williams 23 of 31 passes for 231 yards. The loss is also somehow the second time this season Chicago has lost on an improbable play as time expired. Chicago fell to 4-6 with the loss their fourth straight.

Persons: Caleb Williams, Rome Odunze, Cairo Santos, Williams, Mary — Organizations: Chicago Bears, Green Bay Packers, Bears, Cairo, Chicago, Santos, Packers, Washington, Lambeau Locations: Chicago, Green Bay

☆ Bela Karolyi, coach who developed USA Gymnastics into world force, dies at 82
▼ + stars: | 2024-11-17 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dennis-Romero-Circle-Byline-Template.Jpg | Dennis Romero | ) www.nbcnews.com time to read: +6 min

Bela Karolyi, one of the United States' most eminent gymnastics coaches alongside wife Márta, has died at age 82, a spokesperson for USA Gymnastics said Saturday evening. In an interview with USA Gymnastics in 2016, Retton described her first American Cup competition under the Karolyis. In 2016, USA Gymnastics purchased Karolyi Ranch and celebrated the couple’s influence on American competitors. In 2018, USA Gymnastics terminated its contract with Karolyi Ranch and closed the facility in Walker County, Texas. Comăneci said on Instagram that Bela Karolyi was a "big impact and influence in my life."

Persons: Bela Karolyi, Márta, Jill Geer, Karolyi, Nadia Comăneci, Dominique Dawes, Phoebe Mills, Betty Okino, Kerri Strug, Mary Lou Retton, Kim Zmeskal, Retton, Bela, ‘ Mary Lou, Márta Karolyi, Gregory Bull, Simone Biles, Marta, Larry Nassar, Biles, McKayla Maroney, Aly Raisman, Gabby Douglas, Nassar, ”, it’s, “, Dominique Moceanu, Whitney Harding, Harding, Comăneci Organizations: USA Gymnastics, Gymnastics Hall, Angeles, USA, American, Garden, Calif, Karolyi Ranch, U.S, Gymnastics Hall of Fame, Olympic, National, Team Training, Gymnastics, Karolyi, of Fame, NBC Locations: United States, Romania, Retton, Houston, Madison, San Jose, Oklahoma, Márta, U.S, Michigan, Karolyi, Texas, USA, Walker County , Texas, Columbus , Ohio

☆ New cookbook encourages cooks to follow charts, not recipes
▼ + stars: | 2024-11-17 | by ( Karla Walsh | ) edition.cnn.com time to read: +9 min

CNN —Julia Turshen wants you to break the rules. "Food is the social glue holding us all together," said cookbook author Julia Turshen, who is based in New York's Hudson Valley. “I’ll be thrilled, of course, if you cook directly from the recipes,” Turshen wrote. Natalie ChitwoodThe use of charts "isn’t just a collection of recipes but also a blueprint for how the recipes work," Turshen said. Recipe adapted from “What Goes With What: 100 Recipes, 20 Charts, Endless Possibilities” by Julia Turshen.

Persons: CNN — Julia Turshen, Turshen, ” Turshen, ”, Caesar, Almond Crisp, “, Julia Turshen, you’re, Pepe, pepe, Natalie Chitwood, I’ll, I’ve, Pierce, Karla Walsh Organizations: CNN, Flatiron, Flatiron Books Locations: Hudson Valley , New York, New, Hudson Valley, Natalie, Des Moines , Iowa

☆ Insider Today: Uncle Elon vs. Uncle Sam
▼ + stars: | 2024-11-17 | by ( Matt Turner | ) www.businessinsider.com time to read: +4 min

He talked to Business Insider about facing the "vacuum of death" in just a spacesuit. On the agenda today:Related VideoBut first: The world's richest man takes on the world's biggest government budget. Walking the DOGEXAOC/Getty, The Washington Post/Getty, t_kimura/Getty, Tyler Le/BIElon Musk made his name and fortune disrupting antiquated industries. AdvertisementBI secured access to an internal Tesla pay database, revealing the company's high-risk, high-reward system. The pay structure is ultimately part of CEO Elon Musk's quest to hire the most "hardcore" employees.

Persons: Jared Isaacman, XAOC, Tyler Le, Elon Musk, he's, Musk, Tesla, Reagan, Clinton, Jordan Strauss, Rebecca Zisser, Elon, Robot, Anna Kim, Getty, Michael Ostuni, —, Fiona Carter, Natalie Ammari, Sylvia Yeh, Goldman Sachs Organizations: Business, SpaceX, The Washington Post, Elon, of Government Efficiency, Twitter, Big Government, Big Tech, Tesla, Forward Press, Goldman, Corporate America

☆ Mike Tyson vs. Jake Paul fight leaves spectators disappointed
▼ + stars: | 2024-11-17 | by ( Ben Morse | ) edition.cnn.com time to read: +5 min

“Let’s be real a young Mike Tyson would’ve absolutely annihilated Jake Paul tonight,” she wrote on X. And the build-up to the fight was not too dissimilar to a traditional professional boxing fight. I’m just glad he didn’t get hurt out there.”And afterwards, 27-year-old Paul claimed he extended the fight for the spectacle. On the other hand, Tyson didn’t officially announce his retirement from boxing but expressed his appreciation for the experience. Lost half my blood and 25lbs in hospital and had to fight to get healthy to fight so I won.

Persons: Jake Paul, Mike Tyson, “, Paul, Tyson, Evander Holyfield, Magic Johnson, he’s, Tyson’s, ” Johnson, Sarah Stier, UFC’s Tyron Woodley, Anderson Silva, Nate Diaz, Tony Bellew, ”, Nicola Adams, Mike Tyson would’ve, Katie Taylor, Amanda Serrano, Taylor, Al Bello, ” Terence Crawford, I’m, Friday’s, Canelo Álvarez, Conor McGregor, Tyson didn’t, ” Tyson Organizations: CNN, Dallas Cowboys, Netflix, Dallas Cowboy, ” CNN

☆ Kenneth Kimes went on a deadly crime spree with his mother Sante. Now he’s speaking out
▼ + stars: | 2024-11-16 | by ( Faith Karimi | ) edition.cnn.com time to read: +12 min

Learn more about the dark saga of Sante and Kenneth Kimes in the latest episode of “How It Really Happened,” airing Sunday at 10 p.m. As investigators dug deeper they learned that “Manny Guerrin,” the name Kenneth Kimes gave Silverman when he rented the apartment, did not exist. In a 2000 interview with CNN’s Larry King, Sante Kimes called their arrest a witch hunt, saying they were victims of mistaken identity. Kenneth Kimes Sr. pleaded guilty to a lesser charge, but Sante Kimes went to prison in 1985. When he or other people called for Kenneth Sr., Sante Kimes would say he was traveling, in the shower or had laryngitis, he said.

Persons: Sante, Kenneth Kimes, CNN — Irene Silverman, he’d, Silverman, —, Kimes, Kenneth Kimes ., …, ‘ ” Kenneth Kimes, “, . Silverman, ”, Thomas Ryan, Irene Silverman, who’d, “ Manny Guerrin, Sante Kimes, Nassau . Kent Walker, Mike Albans, CNN’s Larry King, “ Kimes, Irene Silverman's, Stuart Ramson, Elizabeth Taylor, –, didn’t, Kenneth Kimes Sr, Santa Barbara, Kenneth Sr, Richard J, Suge Knight, Lyle, Erik Menendez, ” Sante, he’s, he’ll, I’ve Organizations: CNN, Getty, Radio City, New York City Police Department, New York City, Lincoln Town Car . Police, Police, Los Angeles International Airport, Lincoln, FBI, NY Daily, University of California, Donovan Correctional Locations: New York City, Los Angeles, Bahamas, San Diego, New York, Las Vegas , Los Angeles, Nassau, Central America, Las Vegas , Hawaii, In Nevada, California, Los, Nassau ., Angeles, New Jersey, Santa

☆ Luxury brands forgot about Gen Z. They can't afford to make that mistake again.
▼ + stars: | 2024-11-16 | by ( Maria Noyen | ) www.businessinsider.com time to read: +7 min

But now it appears that some luxury brands have forgotten that aim. Dukas/Getty ImagesRay of Buttermilk said that some luxury brands have been hesitant to explore collaborations as a means of engaging Gen Z consumers because they fear losing their luxury allure. The future is vintageLuxury players might be kicking themselves for alienating Gen Z consumers, but Gen Zers never forgot about luxury. But secondhand's success isn't bad news for primary luxury brands, Escribano said. Bar certain luxury products like Hermès Birkins handbags, secondhand luxury is by and large cheaper and retains a level of exclusivity, she said.

Persons: Bain, Louis Vuitton, Z, Gen Z, There's, Claudia D'Arpizio, Blanca Zugaza Escribano, Gen, D'Arpizio, LVMH, Prada, Sabrina Carpenter, Marleen Moise, Getty, Jamie Ray, Escribano, Gen Z's, Thomaï, They've, Gen Zers, Z's Organizations: Louis, Prada, Bain & Company, Industry, Bain, Business, NYU's Stern School, Gen Locations: Hermès

☆ Rodrigo Duterte wants to make a comeback in the Philippines. What could go wrong?
▼ + stars: | 2024-11-16 | by ( Kathleen Magramo | ) edition.cnn.com time to read: +12 min

But major cracks appeared in January, when Rodrigo Duterte called Marcos a “drug addict” and threatened that the president could be removed from power. Months later, Vice President Duterte-Carpio resigned as education secretary, a departure seen by analysts as a sign that the relationship between the country’s top leaders was beyond repair. “And when they get there, I will be the president of hell.”Marcos insisted he thought he and the vice president were friends. Philippine President Ferdinand Marcos Jr. and Vice President Sara Duterte attend an education-related event in Manila on January 25, 2024. Despite all the controversies and alleged links to extrajudicial killings and suspected criminals, Duterte has told Davao voters that a vote for him is a vote for order.

Persons: Rodrigo Duterte, Donald Trump’s, Sara Duterte, Carpio, Ferdinand Marcos Jr, –, Ferdinand Marcos, Marcos, Rodrigo Duterte’s, Richard Heydarian, ”, Duterte, “, ” Duterte, Duterte's, Jes Aznar, Sebastian Duterte, Paolo Duterte –, Heydarian, “ It’s, ” Heydarian, Ezra Acayan, Ferdinand Marcos Sr, ” Marcos, Sandro Marcos, behead, Ranjit Singh Rye, ” Rye, Cleve Arguelles, Numero, Sebastian, Rodrigo’s, Paolo, ” Arguelles, reigniting, Prospero Nograles, Margarita, Karlo Nograles, Arguelles, Pastor Apollo Carreon, God ”, of Jesus Christ Organizations: CNN, Trump, Asian Center of, University of the, International Criminal Court, ICC, Department of Education, Lawmakers, Getty, Davao, Association of Southeast Asian Nations, Kyodo, Marcos, FBI Locations: Philippine, Davao City, Mindanao, Philippines, United States, China, University of the Philippines, Davao, Manila, “, Duterte, West Philippine, Washington, Beijing, Rye, Karlo, of

☆ Here's why Target is more exposed than Walmart to the sweeping trade changes that Trump promised
▼ + stars: | 2024-11-16 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +4 min

AdvertisementAs America's grocery king, Walmart sources a high share of its products from the US. The difference puts more of Target's business at risk of being impacted if Trump follows through on his tariff promises. "Target is actually much more exposed than Walmart because Walmart is grocery-heavy and groceries are predominantly domestic," Jason Miller, supply chain professor at Michigan State University, told Business Insider. Food and beverage sales accounted for less than a quarter of Target's sales last year. AdvertisementTD Cowen retail analyst Oliver Chen told BI that Target's apparel segment presents another potential complication, as fashion is more sensitive to seasonality.

Persons: Donald Trump, Jason Miller, Cowen, Oliver Chen, Gina Logan, Logan, Trump, Brian Cornell Organizations: Target, Trump, Walmart, Michigan State University, Walmart US Locations: AlphaSense

☆ Jake Paul faces Mike Tyson in boxing event unlike any other
▼ + stars: | 2024-11-15 | by ( Jonny Velasquez | ) edition.cnn.com time to read: +9 min

On Friday, Paul steps into the ring for perhaps his most high-profile fight to date against former heavyweight champion Mike Tyson. Mike Tyson, I thought that was a cute slap, buddy, but tomorrow you’re getting knocked the f*ck out. After the postponement of their initial fight in July, Paul went on to defeat bare-knuckle boxing champion Mike Perry with a sixth round TKO. Mike Tyson and Jake Paul will contest their professional boxing bout on November 15. “Then, I’d retire after that.”After winning a boxing world championship, Paul plans to take his talents to mixed martial arts.

Persons: CNN —, Jake Paul, Paul, Mike Tyson, “, ” Paul, Mike, Tyson, Eddie Hearn, ” Hearn, Hearn, Canelo Álvarez, Oleksandr Usyk, Dmitry Bivol, Katie Taylor, Anthony Joshua, ” Joshua, Jonathan Ross, YouTuber, ” Tyson, Michael Loccisano, Michael Spinks, Larry Holmes, Clifford Etienne, Roy Jones Jr, “ I’m, He’s, I’m, Ariel Helwani, you’re, ”, they’re, Logan ., ‘, Jake Paul ’ –, YouTuber Ali Eson Gib, Nate Robinson, Tyron Woodley, Anderson Silva, Nate Diaz, Tommy Fury, Tyson Fury, Fury, Diaz, Andre August, Ryan Borland, Mike Perry, Nakisa Bidarian, Amanda Serrano, Taylor, Ed Mulholland, Serrano, Bidarian, ” Bidarian, I’d Organizations: CNN, Disney, T, Paul, Dallas Cowboys, UFC, Irish, Getty, “, MMA Locations: Arlington , Texas, British, Puerto Rican

☆ A fluffy, $85 toy is taking Asia by storm and sparking legions of knockoffs. Inside the meteoric rise of Labubu.
▼ + stars: | 2024-11-15 | by ( Aditi Bharade | Erin Liam | ) www.businessinsider.com time to read: +9 min

The Labubu and Pop Mart phenomenonLabubu dolls at the opening of a Pop Mart store in Bangkok. AdvertisementIn a statement to BI, a representative from Pop Mart said that Labubu has gained a strong global fan base. Advertisement"There's a bit of a 'FOMO' feeling," said Sim, 31, who owns around six Labubu toys. She has around 17 Labubu toys and said she spent over $10,000 on them. Once, she even camped outside a Pop Mart store for the latest drop.

Persons: —, Grace Lee, Lee, ─, Joey Khong, Khong, Bangkok . Sun Weitong, Lung, it's restocked, Tony Lee, Mart doesn't, Taobao, Erin Liam, Lisa, Juda, Kanaprach, Gen Zers, They're, Labubu, It's, Sim Pei Yi, Sim, Ana Gonzales, she's, Gonzales, Tracy Hsu, Lisa —, Hsu Organizations: Service, Getty, Business, Pop, Pop Mart, Daxue Consulting, Southeast, Insight, Singapore, Mart Locations: Asia, Bangkok . Sun, Xinhua, Hong Kong, Beijing, Singapore, Pop, Southeast Asia, Japan, South Korea, China, Philippines, New Jersey, California, Canada

☆ Reporter: Trump announces Burgum’s proposed admin role in the ‘most Trumpian fashion’
▼ + stars: | 2024-11-14 | by ( Sarah Jorgensen | ) edition.cnn.com time to read: 1 min

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☆ Capri and Tapestry abandon plans to merge, citing regulatory hurdles
▼ + stars: | 2024-11-14 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +2 min

Capri and Tapestry called off their merger on Thursday after the Federal Trade Commission successfully sued to block the megadeal. "With the termination of the merger agreement, we are now focusing on the future of Capri and our three iconic luxury houses," Capri CEO John Idol said in a statement. In April, the FTC sued to block the deal, saying the tie-up would disadvantage consumers and reduce benefits for the companies' employees. Tapestry plans to fund the stock repurchase through a combination of cash on hand and debt. Tapestry said it will reimburse Capri around $45 million.

Persons: John Idol, Kate Spade, Stuart Weitzman, Capri's Versace, Jimmy Choo, Michael Kors, Tapestry, Joanne Crevoiserat Organizations: Federal Trade Commission, FTC, Capri Locations: U.S

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