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☆ TikTok Shop is better at keeping customers than Temu and Shein
▼ + stars: | 2024-04-16 | by ( Madeline Stone | Dan Whateley | ) www.businessinsider.com time to read: +3 min

TikTok seems to be doing a good job of getting customers to make multiple purchases on its new shopping platform, Shop, according to data from Earnest Analytics. Earnest, which tracks credit-and-debit-card transactions, found that around 27% of TikTok shoppers came back to make another purchase after five months of their first buy. On this measure, TikTok Shop outperformed other e-commerce platforms, including Temu, Shein, and Etsy, as well as fellow social-commerce channels Whatnot, Flip, and Instagram Checkout. Amazon was the only e-commerce platform that beat TikTok Shop in Earnest's dataset, which looked at customer-retention data between January 2022 and February 2024. "The second I bought my first TikTok Shop product, which was probably a year and a half ago, from that moment on, I started to get more TikTok Shop content."

Persons: Michael Maloof, Temu, TikTok, Maloof, —, they've, Nicole Rechtszaid Organizations: Walmart, Business, Facebook, Ghost Agency

☆ All the surprise guest appearances at Coachella 2024, from Shakira to Paris Hilton
▼ + stars: | 2024-04-15 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +5 min

Voices of a generationWatch more from the Coachella Stage all weekend on the @Youtube livestream at https://t.co/369m1pWQBo pic.twitter.com/CHCyTBKcuX — Coachella (@coachella) April 13, 2024Will Smith performed 'Men in Black' during J. Balvin's set, wearing a very appropriate suit. Olivia Rodrigo performed with No Doubt. Gwen Stefani of No Doubt and Olivia Rodrigo perform at the Coachella Stage during the 2024 Coachella Valley Music and Arts Festival at Empire Polo Club on April 13, 2024 in Indio, California. AdvertisementKesha also joined Rapp during her setReneé Rapp and Kesha perform onstage together. Peso Pluma Brings Out Becky G to Perform "Chanel" at Coachella 🖤 • @iambeckyg pic.twitter.com/niypTDldVK — ERIKA ❤️‍🔥 (@beckygchanel_) April 14, 2024Paris Hilton played games with Vampire WeekendParis Hilton at Neon Carnival during Coachella.

Persons: —, Lana Del Rey, Sabrina Carpenter, Barry Keoghan, Megan Fox, Taylor Swift, Travis Kelce, Jeff Bezos, Del Rey, Lauren Sánchez, Billie Eilish, Shakira, Lana Del Rey's, Christina House, 369m1pWQBo, Will Smith, Balvin's, Arturo Holmes, Olivia Rodrigo, Gwen Stefani, John Shearer, Rodrigo, Bizarrap, Valerie Macon, Childish Gambino, Charlie Wilson, Tyler, Gambino, Donald Glover, Igor, Reneé Rapp, Leisha Hailey, Jennifer Beals, Katherine Moennig, Ilene Chaiken, Rapp, Kesha, Emma McIntyre, ToK, l1TbBn9Mnq — Courtney Howard, Becky G, Chanel, Becky, RIKA ❤ ️‍🔥 ( Organizations: Service, Colorado, Business, Machine, Guardian, Los Angeles Times, Del, Coachella, Valley Music, Arts Festival, Empire Polo Club, Vogue, Bizarrap, WHO Locations: Coachella, Black, Indio , California, AFP, LA

"Food Wars" hosts Harry Kersh and Joe Avella travel across London to find the best Sunday roast in the city. They'll be visiting four locations in just one day to see what the city has to offer. This is "Food Tours."

Persons: Harry Kersh, Joe Avella Locations: London

☆ Vanity Fair Oscars Party: Billie Eilish, Christopher Nolan, Steven Spielberg, mix, dine on In-N-Out and dance the night away.
▼ + stars: | 2024-03-11 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +4 min

CNN —Oscars celebrations were in full swing on Sunday night and no post-show event was more packed with the glittery crowd than the annual Vanity Fair party. By the dance floor, Cardi B greeted Bailey and asked the new mom how her baby was doing. Nearby, Lizzo and her boyfriend scoped out the dance floor and were later seen twisting their arms to take a shot together. Kardashian wore a beige, waist-cinching gown as she fluttered around the party with Baltimore Ravens wide receiver O’Dell Beckham Jr.Kim Kardashian arrives at the Vanity Fair Oscars party. Stefanie Keenan/VF24/WireImage for Vanity Fair/Getty ImagesSam Rockwell, Justin Theroux and Jason Bateman gathered on the dance floor and were greeted by Olympian Shawn White and Nina Dobrev.

Persons: Oscar, Billie Eilish, Christopher Nolan, Barbie ”, “ Oppenheimer, America Ferrera, Margot Robbie, Matt Damon, Emily Blunt, Eilish, Phillip Faraone, Nancy Pelosi, Paul Pelosi, Sally Field, Pelosi, Paul Pelosi Stefanie Keenan, Usher, Ciara, Camila Cabello, Chloe, Cardi, Bailey, “ Barbie, Greta Gerwig, grooving, Barbie, Hari Nef, Lizzo, scoped, Paris Hilton, Nicole Richie, Lindsay Lohan, Kim Kardashian, Kardashian, O’Dell Beckham, Amy Sussman, Jenner, Kris Jenner, Kendall, Kylie Jenner, Kris, Demi Moore, Scout Willis, Bruce Willis, Moore, Elizabeth Banks, “, Captain America, Chris Evans, Alba Baptista, Damon, Lucia, Chris Hemsworth, Elsa Pataky, Britney Spears, Mark Ruffalo, Sydney Sweeney, Jennifer Coolidge, Kevin Mazur, ”, Sweeney, Maude Apatow –, Judd Apatow, Coolidge, Catherine O’Hara, Barry Keoghan, Callum Turner, Sabrina Carpenter, Chelsea Handler, Sofia Vergara, Steven Spielberg, Stefanie Keenan, Sam Rockwell, Justin Theroux, Jason Bateman, Olympian Shawn White, Nina Dobrev, Theroux, Rita Moreno, nosh Organizations: CNN, Wallis Annenberg Center, Hollywood, Paris, Baltimore Ravens, Marvel, Air ” Locations: Beverly Hills, America, Halle, Dua Lipa, Tallulah

☆ Taylor Swift has now reached billionaire status thanks to her showstopping Eras Tour — see how the pop star makes and spends her fortune
▼ + stars: | 2024-02-09 | by ( Hillary Hoffower | Taylor Nicole Rogers | Eve Crosbie | ) www.businessinsider.com time to read: +1 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Such success makes Swift one of the world's highest-paid celebrities and one of the richest female singers. This story is available exclusively to Business Insider subscribers. Bloomberg puts Swift's current net worth at $1.1 billion, thanks in part to her massive 146-date worldwide Eras Tour and its subsequent tour movie. It comes after Forbes estimated Swift had a net worth upwards of $740 million in July.

Persons: —, Taylor Swift, Swift Organizations: Service, Sony, Bloomberg, Business, Forbes

"Food Wars" hosts Harry Kersh and Joe Avella travel across London to find the best pie and mash in the city. They'll be visiting five locations in just one day to see what the city has to offer. This is "Food Tours." This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now.

Persons: Harry Kersh, Joe Avella Organizations: Business Locations: London

☆ Pompeii 'curse' myth: Tourist returns stones stolen from ancient city with letter saying she has since been diagnosed with breast cancer
▼ + stars: | 2024-01-20 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +3 min

A woman claimed she was "cursed" after stealing artifacts from Pompeii. She said she was diagnosed with breast cancer within a year of taking pumice stones from the ruins. AdvertisementA woman who said she was diagnosed with breast cancer after stealing artifacts from Pompeii said she hadn't' known about "the curse," referencing a myth that stealing from the site brings bad luck. "I am a young and healthy female, and doctors said it was 'just bad luck.' "Please, take them back, they bring bad luck," she wrote, per The Guardian.

Persons: —, Gabriel Zuchtriegel, Zuchtriegel, bocca al lupo, Italy's RaiNews, Atlantide Phototravel, Nicole Organizations: Service, Daily Mail, Guardian, Reuters Locations: Italy, Atlantide, Canadian, Pompeii

☆ All kids want for Christmas this year … Robux and gaming subscriptions
▼ + stars: | 2023-11-29 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +6 min

CNN —Nicole Randol — a Missouri-based mother of two boys, ages 6 and 10 — recently posted a message on a popular Facebook parenting group about Robux, the virtual gaming currency for the platform Roblox: Target was having a 40%-off sale for Robux. “I expect it to be the most exciting thing they open [on Christmas],” Randol, who bought two $100 Robux cards, told CNN. Gaming subscriptions continue to gain popularity, too. “What’s changed, naturally, is the games that families are playing.”According to ESA, more than 212 million Americans play video games on a regular basis. Still, with the rise of subscriptions and gaming currency, what lands under the Christmas tree may be smaller in size than years before.

Persons: CNN — Nicole Randol —, —, ” Randol, Fortnite, trumping, ”, Christopher Byrne, Guy, “, ” Roblox, Robux, Michael Inouye, Cozy, Byrne, “ What’s, ” Byrne, Jim Silver, Bitzies, ” Bryne, Parija Kavilanz Organizations: CNN, Robux, Entertainment Software Association, Epic Games, PlayStation, Pro, Apple, ABI Research, National Retail Federation, ESA, Gaming Locations: Missouri

☆ A Taylor Swift-themed cruise sets sail in 2024: Here's what 'Swifties' need to know about the fan-led experience
▼ + stars: | 2023-11-16 | by ( Celia Fernandez | ) www.cnbc.com time to read: +3 min

Taylor Swift fans are entering their cruise era. The travel agency Marvelous Mouse Travels announced it's organizing a fan-led cruise group for "Swifties" to come together and celebrate the singer and their fandom. The cruise, which is not actually affiliated with Taylor Swift herself, will take place aboard the Royal Caribbean Allure of the Seas ship next fall. Malerman happened to be wearing a Taylor Swift shirt one of the days and the rest, they say, is history. Taylor Swift will not be present for this fan-led experience.

Persons: Taylor Swift, Swift, Jessica Malerman, Nicole Rivera, Shelby Reyes, Malerman, Reyes, Allen J Organizations: Seas, Port, CNBC, Royal Caribbean, Royal, Los Angeles Times, Getty Locations: Caribbean, Port of Miami, Royal Caribbean, Bahamas, Nassau, staterooms, United States

When Wolfe Herd took Bumble public in 2021, she became the youngest female CEO to make such a move. Before Bumble, Wolfe Herd cofounded rival dating app Tinder. Wolfe Herd is married to a Texas oil heir, has two kids, and splits time between her homes in Texas. AdvertisementAdvertisementWhitney Wolfe Herd is stepping down as CEO of dating app Bumble after nearly 10 years at the helm. Keep reading to learn more about Bumble cofounder Whitney Wolfe Herd.

Persons: Wolfe Herd, —, Whitney Wolfe, Bumble, Drena Kusari, We're, Wolfe Organizations: Service, Fast Company, Company Locations: Texas

Germany's property sector is in stress, underscoring a major change of fortune for real estate in Europe's largest economy after an end to the era of cheap money. REUTERS/Kai Pfaffenbach/File Photo Acquire Licensing RightsFRANKFURT, Oct. 13 (Reuters) - German Chancellor Olaf Scholz is facing fresh demands to stem a property crisis in Europe's largest economy after a recent summit aimed at rescuing the sector disbanded in acrimony. The industry's demands reflect alarm that Germany is being sucked further into a global property rout that has been most acutely felt in China. There is also concern that the government is dragging its feet after a contentious industry meeting with the chancellor on Sept. 25. The number of people employed in the building sector has begun to drop for the first time in a decade.

Persons: Kai Pfaffenbach, Olaf Scholz, Wolfgang Schubert, Raab, Schubert, Nicole Razavi, Scholz, Francesco Fedele, Kirsten Donovan Organizations: REUTERS, Rights, Reuters, International Monetary Fund, chancellery, Thomson Locations: Frankfurt, Germany, Germany's, Europe's, China, Razavi, United States

☆ The frugal life of Warren Buffett: How the billionaire spends his fortune, from McDonald's breakfasts to a rare and 'indefensible' splurge
▼ + stars: | 2023-09-20 | by ( Hillary Hoffower | Taylor Nicole Rogers | Kylie Kirschner | ) www.businessinsider.com time to read: +1 min

Berkshire Hathaway CEO and chairman Warren Buffett's net worth is now an estimated $124 billion. Buffett is the sixth-wealthiest person in the world, worth more than Larry Page and Mark Zuckerberg. With an estimated net worth of $124 billion, according to the Bloomberg Billionaires Index, the 93-year-old Berkshire Hathaway chairman and CEO is now the sixth-wealthiest person in the world. He's richer than Mark Zuckerberg, whose net worth is an estimated $111 billion, Google cofounder Sergey Brin, worth $116 billion, and former Microsoft CEO Steve Ballmer, worth $118 billion. He eats McDonald's for breakfast in the mornings and borrowed furniture when his children were born.

Persons: Warren Buffett's, Buffett, Larry Page, Mark Zuckerberg, Sergey Brin, Steve Ballmer Organizations: Berkshire Hathaway, Service, Bloomberg, Oracle Locations: Wall, Silicon, Omaha

☆ Meet Françoise Bettencourt Meyers, the world's richest woman, who's worth $87 billion
▼ + stars: | 2023-09-16 | by ( Polly Thompson | Taylor Nicole Rogers | ) www.businessinsider.com time to read: +1 min

Her relationship with her mother came to a tipping point when Bettencourt Meyers initiated a decade-long family feud over her inheritance. Getty ImagesIn the lawsuit, Bettencourt Meyers alleged that photographer François-Marie Banier used his friendship with Liliane Bettencourt to manipulate the elderly heiress into giving him some 1.3 billion euros ($1.4 billion) of cash, art, and life insurance policies, The New York Times reported. In a 2008 letter to Banier, Bettencourt described their relationship to him writing: "With you, I am like a mother, a lover, all the feelings pass through me. Bettencourt Meyers told a French news magazine in 2009 that Mr. Banier's "objective is clear: break away my mother from our family to profit from her. He was sentenced to two and half years in prison and told to pay Bettencourt 158 million euros million in damages.

Persons: Bettencourt Meyers, François, Marie Banier, Liliane Bettencourt, Bettencourt, Banier, Bainer Organizations: New York Times, Banier

ATLANTA (AP) — A Georgia state senator won't be suspended from office after he was one of 18 others indicted along with former President Donald Trump on charges that he sought to illegally overturn the results of the 2020 presidential election in the state. A three-person panel didn't recommend that state Sen. Shawn Still be temporarily removed from office while the case is pending, Garrison Douglas, a spokesperson for Gov. Still, a Republican who lives in the north Atlanta suburb of Johns Creek, is a swimming pool contractor and former state Republican Party finance chairman. Political Cartoons View All 1163 ImagesAs is required by state law, Kemp appointed Attorney General Chris Carr, as well as Republican state Senate Majority Leader Steve Gooch and Republican state House Majority Leader Chuck Efstration. “Efforts to subvert election outcomes and stifle the will of Georgia voters remain one of the biggest threats to our democracy.”

Persons: Donald Trump, Sen, Shawn Still, Garrison Douglas, Brian Kemp, Trump, “, Still, Kemp, Chris Carr, Steve Gooch, Chuck Efstration, ”, David Shafer, Cathy Latham, Mark Meadows, Nicole Robinson Organizations: ATLANTA, Gov, Republican, Republican Party, Georgia Republicans, Trump, Trump Chief, Georgia Locations: Georgia, Atlanta, Johns Creek, Coffee

☆ Here’s what it takes to become an ‘It Girl’ today
▼ + stars: | 2023-08-29 | by ( Diana Pearl | ) edition.cnn.com time to read: +8 min

Today, it’s a job in and of itself — one that, to do successfully, requires a team behind you. Richie Grainge had been working as a model for years, and was also known as the little sister of 2000s It girl Nicole Richie. Madison McGaw/BFA.com/ShutterstockGetty has all the makings of a classic It girl — famous family, beautiful looks, a distinct sense of style. “It takes a different kind of confidence to be a little more quiet and still be noticed,” said Baruch. “Even if you have the tools and are following all the calculations of what it takes to be an It girl, it still might not pop,” said Delmonte.

Persons: aren’t, they’re, Clara Bow —, it’s, Andy Warhol, Edie Sedgwick, Bianca Jagger, Carolyn Bessette, Kennedy, Alexa Chung, Jagger, ”, Jeni Rose, That’s, Sofia Richie Grainge, she’s, Jo Malone, Richie Grainge’s nuptials, Liat Baruch, Richie Grainge’s, that’s, We’ve, Anne Hathaway, Erin Walsh, Valentino minidress, Richie Grainge, Nicole Richie, Robyn DelMonte, Ivy Getty, J, Paul Getty, Madison McGaw, Shutterstock Getty, Savannah Engel, —, “, ” Getty, Engel, Federica Parruccini, ” Parruccini, Getty, Hailey Bieber, Rose, John Springer, It’s, influencers, Baruch Organizations: The, Fashion, CNN, Cannes Film, Vogue, San, &, Cannes, Rhode Locations: South, France, Maybelline, Los Angeles, San Francisco, Savi, “

☆ We transformed a van into a luxe home inspired by Tulum architecture. Now, we're going to use what we learned to build a tiny-home village in Mexico.
▼ + stars: | 2023-08-29 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +9 min

It was their first van build, and it took them four months to complete. No building experience; no van experience. The mix of concrete and dark wood — a style that is pervasive in Tulum — inspired the couple's van design. AdvertisementAdvertisementThe top comments we're getting are "best van design ever," or "most unique van design ever." We really, really connected with how beautiful it was and how it had an amazing surf scene.

Persons: Edden Ram, Nicole, —, San Diego —, hasn't, We're, Gabriela Tulian, it's, Edden Ram It's, we've, Mexico Nicole, Ram Organizations: Service Locations: Saladita, Mexico, Wall, Silicon, San Diego, Lake Tahoe, Tulum, Bali, It's

The department's Office for Civil Rights opened the probe following a complaint filed earlier this month by three civil rights groups, who argued that Harvard's preference for "legacy" undergraduate applicants overwhelmingly benefits white students, in violation of a federal civil rights law. Those statistics were calculated from Harvard admissions data that became public as a result of the case that the Supreme Court decided in June. The Education Department through a spokesperson confirmed it had an open investigation under Title VI of the Civil Rights Act of 1964, which bars race discrimination for programs receiving federal funds. "Simply put, Harvard is on the wrong side of history," said Oren Sellstrom, the litigation director of Lawyers for Civil Rights, the Boston-based group representing the civil rights groups who prompted the Education Department investigation. Sellstrom spoke at a Tuesday press conference regarding the federal probe, along with representatives for two of the Boston-area civil rights groups represented in the complaint.

Persons: Nicole Rura, Oren Sellstrom, Sellstrom, Zaida Ismatul Oliva, Edward Blum, Julia Harte, Nick Macfie, Daniel Wallis Organizations: U.S . Department of Education, Harvard, Civil Rights, Harvard College, University of North, Harvard University, Supreme, Education Department, Ivy League, Department, Civil, Wesleyan University, University of Minnesota's, University of Minnesota's Twin Cities, Fair Admissions, NAACP, Mexican American Legal Defense, Thomson Locations: University of North Carolina, Cambridge , Massachusetts, University of Minnesota's Twin, Boston

☆ TikTok creators are raking in cash and scoring millions of views from its shopping affiliate program. Will it last?
▼ + stars: | 2023-07-17 | by ( Dan Whateley | Marta Biino | ) www.businessinsider.com time to read: +8 min

TikTok creators are raking in sales commissions from its new e-commerce program, TikTok Shop. TikTok has some requirements for who can join its TikTok Shop program. Some users work directly with brands on TikTok Shop promotions, while others simply choose eligible products from TikTok Shop sellers at a standard commission rate. Micro and nano influencers can also score big TikTok Shop paydaysCreators don't need to have millions or even hundreds of thousands of followers to make good money from TikTok Shop commissions. Natalie Park, a fashion, lifestyle, and college content creator with around 32,000 TikTok followers, also had a TikTok Shop video featuring a phone stand go viral.

Persons: Shayna Farnan, Farnan, Jeneen Sahtout, Shawn Jacobson, Jacobson, TikTok, Nicole Rechtszaid, Arlene Resendiz, Resendiz, Sharon Jayy, Grace Secrist, Alexander Jane, Natalie Park, I'm, what's, influencers, they'd Organizations: Walmart, CVS, TikTok, influencers, Ghost Agency, TikTop, Fund Locations: Pennsylvania, UK, Indonesia

☆ TikTokers are earning thousands in commissions from its new shopping program and scoring millions of views. Will it last?
▼ + stars: | 2023-07-14 | by ( Dan Whateley | Marta Biino | ) www.businessinsider.com time to read: +8 min

TikTok creators are raking in sales commissions from its new e-commerce program, TikTok Shop. TikTok has some requirements for who can join its TikTok Shop program. Micro and nano influencers can also score big TikTok Shop paydaysCreators don't need to have millions or even hundreds of thousands of followers to make good money from TikTok Shop commissions. Natalie Park, a fashion, lifestyle, and college content creator with around 32,000 TikTok followers, also had a TikTok Shop video featuring a phone stand go viral. "It's just a matter of sorting through the TikTok Shop and finding what's actually on there that's worth my time."

☆ Inside Eton College, the exclusive boarding school that's been called 'the nursery of England's gentlemen' and counts Prince William and Eddie Redmayne among its graduates
▼ + stars: | 2023-06-28 | by ( Taylor Nicole Rogers | Samantha Grindell | ) www.businessinsider.com time to read: +1 min

Eton College is an exclusive boarding school sometimes called "the nursery of England's gentlemen." Prince George was spotted touring the boarding school with his parents in June. Here's a look at the elite school Prince William, Tom Hiddleston, and Eddie Redmayne attended. Prince William, Prince Harry, Tom Hiddleston, and Eddie Redmayne are among its best-known alumni. Keep reading to take a look inside Eton College.

Persons: Prince George, Here's, Prince William, Tom Hiddleston, Eddie Redmayne, —, Prince Harry, David Cameron, Boris Johnson Organizations: Eton College, Service, Eton Locations: London, Windsor

☆ Remember when Paris Hilton channeled ‘Barbiecore’ to a Britney Spears’ 2001 concert?
▼ + stars: | 2023-06-22 | by ( Faye Bradley | ) edition.cnn.com time to read: +5 min

And in November 2001, the hotel heiress made a fashion statement that etched itself in the annals of noughties style. To top it off, she wore a tiara, applied a glossy pink lip and pink eyeshadow and clutched onto a furry Barbie-branded handbag. At just 20 years old, Paris Hilton — pictured here with Nicole Richie as the pair attended a Britney Spears concert in Las Vegas — was already being dubbed a culture-defining noughties "It Girl." In a playful mauve take on the label's classic tweed separates, Naomi Campbell walks the runway during Chanel's Spring-Summer 1994 show. Paris Hilton walks the runway during Versace's Spring-Summer 2023 show on September 23, 2022 in Milan.

Persons: CNN —, Paris Hilton, Greta Gerwig, Margot Robbie, July’s, Barbie, Hilton, bestie Nicole Richie —, Britney Spears, Nicole Richie, Las Vegas —, ”, —, Paris, Oscar de la, Christian Dior, Ralph Lauren, Barbiecore, supermodels Naomi Campbell, Claudia Schiffer, Carla Bruni, Naomi Campbell, Michel Arnaud, Corbis, Thierry Mugler’s, Herve Leger, Cindy Crawford, Karen Mulder, Eva Herzigova, Moschinos’s, Mattel’s plaything, Vittorio Zunino Celotto, Barbie dreamhouse, Mary Jane heels, She’s Organizations: CNN, Paris, New, Hollywood Locations: ”, Las Vegas, Paris, New York, Los Angeles, tweed, Couture, Milan, Bahamas

☆ How 150,000 people are fed during Onam in Kerala, India
▼ + stars: | 2023-06-16 | by ( David Valerio | Nicole Raucheisen | ) www.businessinsider.com time to read: 1 min

Onam is a 10-day harvest festival celebrated in Kerala, India. It marks the first month of the Malayalam calendar and commemorates the return of the mythical King Mahabali from the underworld to his home in Kerala. Mahabali's return and the harvest are celebrated with floral artwork, traditional dances, boat races, and a traditional feast known as the Onam sadya. While the traditions of Onam are rooted in Hinduism, Keralites across the state, regardless of religion or caste, enjoy the festivities and a traditional meal. We visited Vinayaka Caterers in Kerala, India, to see how it prepares sadyas for 150,000 people.

Persons: King Mahabali, Mahabali's Organizations: Caterers Locations: Kerala, India

May 30 (Reuters) - Crown Resorts, the Australian casino operator bought by Blackstone Inc (BX.N) after three damaging inquiries, agreed to pay a A$450 million ($294 million) fine for breaking anti-money laundering laws, a step toward ending its darkest chapter. "We are pleased to have reached this agreement with AUSTRAC," said Crown Resorts CEO Ciarán Carruthers, who started in the role in September. "The company that committed these unacceptable, historic breaches is far removed from the company that exists today." Australian regulators over the recent years have penalised a slew of companies over breaches and non-compliances, with the country's "Big Four" banks fined the most. ($1 = 1.4743 Australian dollars)Reporting by Byron Kaye in Sydney and Harish Sridharan in Bengaluru; Editing by Shailesh KuberOur Standards: The Thomson Reuters Trust Principles.

☆ Crown Resorts and Australian regulator agree to $294 mln penalty
▼ + stars: | 2023-05-30 | by ( ) www.reuters.com time to read: +1 min

May 30 (Reuters) - Crown Resorts has agreed to a A$450 million ($294 million) penalty after it failed to prevent money laundering and criminal activity at its casinos, Australia's financial crime regulator said on Tuesday. In reaching the agreement, Crown has admitted that it operated in breach of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act), AUSTRAC said. Crown Melbourne and Crown Perth casinos failed to appropriately assess the money laundering and terrorism financing risks they faced, and to identify and respond to changes in risk over time, the regulator added. "The company that committed these unacceptable, historic breaches is far removed from the company that exists today," Crown said in a statement. ($1 = 1.4743 Australian dollars)Reporting by Harish Sridharan in Bengaluru; Editing by Shailesh KuberOur Standards: The Thomson Reuters Trust Principles.

☆ Jack Ma, who disappeared from public view in 2020, just accepted a teaching position in Japan. Here's how the Alibaba and Ant Group founder got started and amassed a huge fortune.
▼ + stars: | 2023-05-01 | by ( Madeline Stone | Avery Hartmans | Sam Tabahriti | ) www.businessinsider.com time to read: +2 min

Jack Ma, the billionaire founder of Alibaba and Ant Group, accepted a teaching role in Japan. Ant Group said Ma would give up control of the fintech company amid closer scrutiny from Beijing. Alibaba and Ant Group founder Jack Ma, who disappeared from public view in 2020 and resurfaced in Thailand in January, has accepted a teaching role in Japan. Ma is expected to conduct research on sustainable agriculture and food production, Tokyo College said in an announcement on May 1. Jay Fai restaurant in Bangkok, Thailand, posted a photo of Ma when he resurfaced.

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