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☆ 'That's on me': Warner Bros Discovery CEO sends email to CNN employees taking responsibility for Chris Licht disaster
▼ + stars: | 2023-06-07 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +3 min

Chris Licht is leaving his position as CEO of CNN after a tumultuous year in charge. CNN's parent company, Warner Bros. Warner CEO David Zaslav told employees in an email and a morning newsroom call he was taking responsibility for Licht's mistakes. CNN is once again searching for a new top executive just over a year after departing CEO Chris Licht took the job — and David Zaslav, CEO of CNN's parent company Warner Bros. Read the full memo Zaslav sent to CNN staff that was reported by Tani here:Spokespeople for CNN and Warner Bros.

Persons: Chris Licht, David Zaslav, Licht's, Puck's Dylan Byers, Zaslav, Semafor's Max Tani, Don Lemon, Brian Stelter, Donald Trump, Licht, Jeff Zucker, Oliver Darcy, Jake Tapper, Anderson Cooper, Tani Organizations: CNN, Warner Bros, Discovery, Warner, Wall Street Journal Locations: Trump

☆ Over 5,300 USPS mail carriers were attacked by dogs last year. These are the cities where the attacks happen most often.
▼ + stars: | 2023-06-04 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +3 min

The US Postal Service said over 5,300 mail carriers were bit by dogs in the last year. National Dog Bite Awareness Week is this week, and the USPS is hoping the data helps reduce attacks. Dogs and mail carriers, a feud as old as time that has been the butt of jokes in the real world and on TV for decades. The agency's annual National Dog Bite Awareness Week kicks off Sunday, and the post office released its annual report to draw attention to the issue. The postal service said over 5,300 mail carriers were attacked in the last year, just under the 5,400 it reported last year.

Persons: Louis, Leeann Theriault, Swain Lowe, satchel Organizations: US Postal Service, USPS, Postal Service, Texas, New York, Pennsylvania, Ohio, Illinois, Florida, Michigan, Missouri, North Carolina, Los Angeles, Dallas, Cleveland, San Diego, Chicago, Kansas City, Phoenix, San Antonio Locations: California, Houston, Virginia

☆ Egg prices are finally falling back to earth after nearing $5 a dozen earlier this year
▼ + stars: | 2023-06-04 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +3 min

Egg prices seem to be on track to dropping to normal levels across the US. Earlier this year, prices reached record highs of nearly $5 a dozen in some places. The US Department of Agriculture recently reported that wholesale egg prices have fallen to an average price anywhere from $1 to $1.40 across various regions of the country. Several grocery store executives also recently told the Wall Street Journal that egg prices should largely be under $2 per dozen across the US. Prices finally started to fall in recent months for eggs and other grocery staples like bacon, Insider previously reported.

Persons: —, Insider's Hannah Getahun Organizations: Service, US Department of Agriculture, Wall Street, Bureau of Labor Statistics, USDA

☆ Costco Isn't Raising Member Fees Even Though They're Due for a Hike
▼ + stars: | 2023-06-03 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +3 min

Costco fans don't have to worry about the chain raising its membership fees, at least not yet. CFO Richard Galanti said last week that it has been about 6 years since the last hike. He said that's usually the amount of time between increases yet there are no plans to boost fees. It typically raises membership fees about every five and a half to six years, but a top executive recently said the chain isn't planning to bump the fees — at least not yet anyway. Costco recently checked in near the top of an annual survey of America's most trusted brands, second only to Patagonia.

Persons: Richard Galanti, that's, —, didn't, Galanti, we've, Craig Jelinek Organizations: Costco, Service, Walmart, Target Locations: Patagonia

☆ Gmail is using AI to make searching for emails and attachments on your phone faster and easier
▼ + stars: | 2023-06-03 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +2 min

The company said Friday it will be introduced to all mobile users in the coming weeks. Searches in Gmail are set to become more accurate as Google rolls out a new AI-related feature for smartphone users. Alphabet said in a Friday blog post that mobile Gmail users will soon see a "top results" section when searching for old messages or attachments in their Gmail app. In its blog post Google said the feature was "highly requested", and said it will be rolling out to all Gmail mobile users over the next two weeks. The post only mentions the mobile version of Gmail, so it's unclear whether the "top results" feature will be added to the browser-based version.

Persons: Bard Organizations: Google, Morning, Gmail

☆ Elon Musk spent the last 24 hours spreading increasingly unhinged anti-trans content
▼ + stars: | 2023-06-02 | by ( Paul Squire | Aaron Mcdade | ) www.businessinsider.com time to read: +5 min

One of the world's richest men spent the last 24 hours sharing anti-trans content. Elon Musk promoted increasingly radical takes after right-wingers criticized him on Twitter. Elon Musk went all-in on sharing anti-transgender talking points after conservative pundits criticized him online on Thursday. In a tweet hours later to his millions of followers, Musk himself shared the video and declared "Every parent should watch this." As of Friday afternoon, Musk had pinned the tweet sharing the video to the top of his profile.

Persons: Elon Musk, Musk, Matt Walsh, He's, Ron DeSantis, Ryan Mac, Brown, Walsh Organizations: Twitter, Morning, Daily, Twitter Republicans, Republican Party, SpaceX, GOP Florida Gov, Wall Street, New York Times, The Locations: masse

☆ Why a federal government agency is warning people not to keep a lot of money sitting in Venmo, PayPal, or Cash App
▼ + stars: | 2023-06-02 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +3 min

The Consumer Financial Protection Bureau advised Americans against storing money in payment apps. Surveys have found that about 76% of all Americans have used an app like Venmo at least once. Money stored in apps is often not insured, unlike deposits at larger banks insured by the government. You should probably stop leaving money in your Venmo and PayPal accounts for days, weeks, or even months at a time. That's the official view of a federal government agency that is warning users of popular payment apps like Venmo, PayPal, Cash App, and more that they should avoid keeping large amounts of money on the app because it could be at risk.

Persons: That's, Rohit Chopra Organizations: Consumer Financial, Bureau, Morning, PayPal

☆ Nearly 4,000 people lost their jobs last month because of AI — the first time that's been cited as a reason, one report says
▼ + stars: | 2023-06-02 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +3 min

About 3,900 people lost their jobs because of artificial intelligence in May, a new report found. It's the first time AI is listed as a cause in Challenger, Gray, and Christmas's monthly report. It's the latest piece of evidence that AI will disrupt a significant number of jobs. Some 3,900 of the over 80,000 job cuts that took place in May were attributed to AI, the report found. Outside of the pandemic, the start of 2023 has produced the worst layoff numbers since the 820,000 layoffs that took place to start 2009, per the Challenger report.

Persons: Gray, Britney Nguyen, Tessa, Philip Jansen, Amy Organizations: Morning, Challenger, Google, Disorder, BT Locations: Challenger, British

☆ A judge ruled pre-crash terror of 737 MAX crash victims can be considered in damages trial after Boeing lawyers argued they didn't have time to feel pain
▼ + stars: | 2023-06-01 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +4 min

A judge overseeing lawsuits against Boeing ruled that pre-crash fear and pain can be used in trial. A trial over an Ethiopian Airlines crash will determine what Boeing owes families of the victims. Boeing lawyers previously argued they didn't have to pay for physical damages before the crash. The company previously told Insider it has settled about 75% of the lawsuits brought against it over the Ethiopian Airlines crash and a second 2018 Boeing 737 MAX crash. "We look forward to upcoming trials to present this evidence to a jury and ensure Boeing is held fully accountable."

Persons: Boeing couldn't, Jorge Alonso, Alonso, Robert Clifford, Clifford, Alonso's Organizations: Boeing, Ethiopian Airlines, Lion Air, Ethiopian Locations: Illinois

☆ Former Lululemon employees say they were fired after calling police to report a robbery
▼ + stars: | 2023-05-30 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +4 min

Two former employees say they were fired for allegedly breaking store policy at a Lululemon store in Georgia. The women told local outlets they were fired two weeks after reporting a robbery to police. "We didn't really feel very protected or know what else to do," Rogers told local TV station 11Alive. Lululemon said in a later, expanded statement that the two employees weren't fired for calling the police. Update: May 30, 2023: This story has been updated with a new, expanded statement from Lululemon.

☆ Arby's employee who died after she was accidentally locked inside walk-in freezer 'beat her hands bloody' trying to get out, lawsuit says
▼ + stars: | 2023-05-28 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +4 min

The children of a woman who died in a Louisiana Arby's earlier this month are suing for negligence. The lawsuit claims Nguyet Le died because a broken freezer latch caused her to be locked inside while alone in the restaurant. The suit also alleges multiple managers were aware the latch had been broken for at least nine months before Le's death. Employees allegedly used a screwdriver to get the door open, and often propped the door open with a box so the freezer, kept at -10 degrees Fahrenheit or below per company policy, didn't close all the way, according to court documents. Le's children are seeking at least $1 million in damages, claiming Arby's and the franchisees were negligent in failing to inspect and repair the broken freezer latch for at least nine months.

☆ Scammers are conning Trump supporters out of thousands with 'Trump Bucks' they claim can be exchanged for real cash
▼ + stars: | 2023-05-28 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +3 min

Trump supporters are reportedly being scammed out of thousands of dollars on items like "Trump Bucks"Some of the supporters were convinced by fake videos of Trump and Elon Musk promoting the products. A new report from NBC News shows some people thought buying the memorabilia would make them rich. Several companies are allegedly using advertising tactics including creating AI-generated videos of Trump and other figures like Elon Musk to claim the worthless "Trump Bucks" will make them rich, according to a new report from NBC News. Some of the people who bought the Trump memorabilia have attempted to exchange it for real US dollars at banks, and told NBC News that bank employees are reporting it as a growing issue. One ad for the "Trump Bucks" — featuring a seemingly AI-generated voice identified as "John" — states "most people believe that the presidential election interfered with the course of history" and identifies Trump as "the great leader."

☆ Former Lululemon employees say they were fired for breaking store policy after calling police to report a robbery
▼ + stars: | 2023-05-27 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +3 min

Two former employees say they were fired for allegedly breaking store policy at a Lululemon store in Georgia. The women told local outlets they were fired two weeks after reporting a robbery to police. "We didn't really feel very protected or know what else to do," Rogers told local TV station 11Alive. The former employees said they are working through how to deal with the sudden firing financially, and hope Lululemon considers changing the policy. Company policy shared with Insider further indicates the women were likely fired for recording and interacting with the robbers, rather than for calling the police.

☆ Tesla instructed employees to only communicate verbally about complaints so there was no written record, leaked documents show
▼ + stars: | 2023-05-27 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +4 min

Handelsblatt published a series of stories detailing unreported customer complaints and possible data mishandling. One of the leaked documents contained a Tesla policy to only discuss customer complaints verbally, not in writing. Thousands of documents leaked to a German newspaper indicate Tesla enforced a company policy that discouraged creating a written record of customer complaints involving acceleration, braking, and crashes. "Do not copy and paste the report below into an email, text message, or leave it in a voicemail to the customer," Tesla instructed employees, according to files leaked to Handelsblatt. Handelsblatt reported conversations with dozens of those affected by the complaints, including some who showed reporters video of the incidents or their communications with Tesla.

☆ Adobe's new AI Photoshop tool could save photographers hours of editing time by instantly extending images and adding new elements
▼ + stars: | 2023-05-24 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +4 min

Adobe has launched a generative AI tool into Photoshop for the first time. The tool is currently available to paying Photoshop users in a beta, and will be released to the public later this year. Adobe Photoshop is joining the generative artificial intelligence boom ignited by OpenAI's popular ChatGPT. Adobe's Firefly generative AI was trained on Adobe's own library of stock images, as well as other licensed and public domain images. AdobeThe new AI tools can quickly change the sky or add individual things like a tent, person, shooting star, or flying car Adobe

☆ Bankers are much more likely to engage in misconduct when they work from the office — not from home, study says
▼ + stars: | 2023-05-21 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +3 min

A new study analyzed financial misconduct investigations into traders at a UK bank amid the pandemic. Remote employees were significantly less likely to generate a securities misconduct report. Possible explanations included the physical distance from employees already engaged in misconduct. A new study of a bank in the UK found that working from home significantly decreased the rate at which its bankers generated financial misconduct reports and investigations. "Our difference-in-differences analysis reveals that working from home lowers the likelihood of securities misconduct; ultimately those working from home exhibit fewer misconduct alerts," the paper's abstract reads.

☆ Jeffrey Epstein reportedly threatened Bill Gates with knowledge of the Microsoft billionaire's affair with a Russian bridge player
▼ + stars: | 2023-05-21 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +5 min

Bill Gates had an affair with a Russian bridge player around 2010, The Wall Street Journal reports. The woman later met Jeffrey Epstein in 2013 and he paid for her to attend a coding camp, per WSJ. Epstein reportedly asked Gates to repay him for the camp in 2017, implying he would expose the affair. Microsoft cofounder Bill Gates had an affair around 2010, The Wall Street Journal reports, and knowledge of the relationship was used by Jeffrey Epstein in a seemingly threatening email to Gates in 2017. "Mr. Gates met with Epstein solely for philanthropic purposes," a spokeswoman for Gates told the Journal.

☆ Nearly 75% of home purchases in a Bay Area city were made by LLCs or trusts. It's a trend among the wealthy.
▼ + stars: | 2023-05-21 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +3 min

The city near San Francisco is one of the richest areas of the country, on average. It's also part of a trend which has wealthy Americans creating trusts or LLCs to buy homes. It's also a prime example of a new trend among the country's wealthiest homebuyers, according to the Chronicle. On one block highlighted by the Chronicle's report, just two of the 12 homes are actually owned by individual people, with the rest owned by trusts, LLCs, or other kinds of corporations. "If someone sets up a trust, it's almost like a corporation that continues to live beyond the person," Michael Repka, CEO and managing broker for DeLeon Realty, told the San Francisco Chronicle.

☆ Your co-workers don't know what to say to you at work — so they're googling it
▼ + stars: | 2023-05-21 | by ( Jordan Hart | Aaron Mcdade | ) www.businessinsider.com time to read: +4 min

Google search data shows that people are looking up "what to talk about at work" more than they have in the past two decades. Young workers say they've found it hard to navigate small talk with their colleagues from different backgrounds. Searches yield results of conversation starters, engaging prompts, and topics to never bring up at work. And while these guides may be helpful for some, they're also showing that others are finding it hard to know what's appropriate to talk about at work. "I'm a pretty social person at parties, but I actually find it hard to talk with my co-workers," Smith said.

☆ Secret crypto holdings are becoming an increasingly common conflict in divorces, attorneys say
▼ + stars: | 2023-05-20 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +3 min

Divorce attorneys told the outlet it is also becoming common for people to hide crypto from their partner. One woman said she learned her husband was hiding bitcoin then worth about $500,000 during their divorce. Conflict over ownership of cryptocurrency — especially crypto that has been kept secret by a spouse from their partner — is reportedly becoming an increasingly common trend divorce attorneys are spotting in their cases. Financial infidelity involving secret crypto holdings have made the jobs of financial advisors and divorce attorneys increasingly complex in recent years as the crypto market has expanded, according to a CNBC article. She told CNBC it was a "shock" to learn about the secret investments, but her story appears to be a part of a growing trend.

☆ BT is cutting 55,000 jobs. Its CEO says AI could replace 10,000 of those by 2030.
▼ + stars: | 2023-05-19 | by ( Aaron Mcdade | Sindhu Sundar | ) www.businessinsider.com time to read: +3 min

British telecommunications giant BT said it will cut between 40,000 and 55,000 jobs by 2030. British telecommunications giant BT Group said it's planning to cut as many as 55,000 jobs by 2030 — and at least 10,000 of those jobs could be replaced by some form of artificial intelligence. BT Group CEO Philip Jansen said on an earnings call that the company will be a "beneficiary of AI — unequivocally," according to CNN. Jansen estimated that about 10,000 of the jobs BT will eliminate can be replaced by processes of "digitization and automation," like AI replacements. Now there's also a little research indicating how workers, particularly those in customer service, are interacting with such tools.

☆ TikTok creators just filed a lawsuit to fight Montana's ban on the app. They say it tramples their rights.
▼ + stars: | 2023-05-19 | by ( Aaron Mcdade | Associated Press | ) www.businessinsider.com time to read: +5 min

A group of TikTok creators have filed the first lawsuit against Montana's ban on the app. — Five TikTok content creators have filed a lawsuit seeking to overturn Montana's first-in-the-nation ban on the video sharing app, arguing the law is an unconstitutional violation of free speech rights. Opponents say Montana residents could easily circumvent the ban by using a virtual private network. President Joe Biden's administration initially shelved those plans, but more recently threatened to ban the app if the company's Chinese owners don't sell their stakes. TikTok's parent company, ByteDance, has also released another so-called "sister app" to TikTok across the globe as talks of bans have mounted, called Lemon8.

☆ Instagram is reportedly testing a Twitter competitor — and the first leaked images indicate a summer release
▼ + stars: | 2023-05-19 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +3 min

Meta is reportedly pitching celebrities and influencers to join its "Instagram for your thoughts." A new report from the Substack of Lia Haberman cites conversations with a creator who met with Meta about the app. Initial images of the app in marketing materials make it look like a mix of Twitter and Instagram. Haberman posted in a Friday newsletter and on Twitter what appear to be the first images of the still-unnamed app. The app may be compatible with other apps like Mastodon, allowing users to search across apps, Haberman reported.

☆ Here's every country that has banned TikTok as the US threatens a nationwide ban. Montana is the first state to pass a total ban.
▼ + stars: | 2023-05-18 | by ( Aaron Mcdade | Sarah Jackson | ) www.businessinsider.com time to read: +2 min

Anna Moneymaker/Getty ImagesPresident Joe Biden's administration has supported bills introduced in Congress that would give the president greater authority to ban apps like TikTok. Last month, Montana became the first state where lawmakers approved a bill banning the app. TikTok previously pledged to challenge it if it was enacted into law, and has called the bill "censorship" and a violation of the First Amendment. The current plan is to fine app store owners like Apple and Google, along with TikTok itself, $10,000 per day the app can be accessed by users in the state. TikTok users in the state will not be punished under the current plan.

☆ Kraft Heinz 'Remix' customizable sauce dispenser looks just like a Coca-Cola Freestyle machine, but for sauce
▼ + stars: | 2023-05-17 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +3 min

Heinz is channeling its inner Coca-Cola with a new custom sauce dispenser, the Heinz Remix. "As a company, we're transforming through innovation by making bigger, more intentional bets to fuel our growth and create new experiences for consumers," Alan Kleinerman, Kraft Heinz vice president of disruption, said in a statement. "Heinz Remix is a great example of this consumer-first approach to innovation." The machine is reminiscent of the Coca-Cola Freestyle machine introduced in 2009, dispensing dozens of soda pop products that can be combined and customized to create unique beverages. Heinz announced a Coca-Cola Freestyle-like custom sauce dispenser.

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