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David Lin, 68, was detained in China in 2006 after helping to construct an unapproved church building. Lin was one of three Americans deemed by the US State Department to have been wrongfully detained in China. “We welcome David Lin’s release from prison in the People’s Republic of China,” a spokesperson for the US State Department said in a statement Sunday. While in prison, Lin received several sentence reductions and was scheduled to be released in 2029, according to the Dui Hua Foundation. “I am extremely glad to hear David Lin was freed,” Rep. Michael McCaul said Sunday in a statement on social media.
Persons: Biden, David Lin, Lin, Kai Li, Mark Swidan, David Lin’s, , Antony Blinken, Jake Sullivan, Joe Biden, Xi Jinping, , Michael McCaul, Organizations: CNN, State Department, US State Department, National Security, Communist Party, Hua Foundation Locations: United States, Beijing, China, People’s Republic of China, San Fransisco, US, San Francisco
Although the data shows the rate of high school graduates enrolling within a year of their graduation is significantly higher for students from low poverty high schools. Junior Achievement and Citizen polled 1,000 teenagers between the ages of 13 and 18 in July. Roughly half, or 49%, believe a high school degree, trade program, two-year degree or other type of enrichment program is the highest level of education needed for their anticipated career path. "Teens are starting to get a clearer idea, if they are not going to go the college route, of what the alternatives might be," said Ed Grocholski, chief marketing officer at Junior Achievement. Advancements in artificial intelligence and technology training have also helped change the equation for some young people, Junior Achievement found.
Persons: Doug Shapiro, Shapiro, Ed Grocholski Organizations: Student Clearinghouse Research, Finance, Junior Achievement, Citizen
But increasingly concerned Republicans fear the Trump team is firing blanks. So I just think that’s super overblown criticism by people who don’t know what they’re talking about.”‘Some groups are better than others’Concerns over Republican field efforts are nothing new. Large-scale conservative canvassing efforts, these Republicans explained, were plagued with issues including fraudulent and untrustworthy data entries. The senior Trump campaign official said the campaign was not caught off guard by Turning Point having a more limited scope, saying it has been working closely with the organization. “You gotta remember, Donald Trump got more votes for a sitting president than ever before in history,” this person said.
Persons: Donald Trump’s, Trump, , Kamala Harris ’, “ Local Republicans aren’t, they’re, Elon, James John Liautaud, Jimmy John’s, Shaun Maguire, Douglas, Ron DeSantis ’, Generra Peck, Phil Cox, there’s, it’s, … I’ve, Semafor, , ” Andrew Kolvet, Michael Whatley, Harris, Joe Biden, ” Sen, Steve Daines, Kamala Harris, ” Whatley, GOTV, isn’t, Donald Trump Organizations: Republican National Committee, Trump, Federal, Commission, RNC, Republican, “ Local Republicans, America PAC, FEC, Sequoia Capital, GOP, Gov, New York Times, NBC, , NBC News, House Republicans, National Republican Senatorial, Democrats ’ Senate, , Republicans Locations: Iowa, Douglas Leone, Arizona, Wisconsin, Michigan, Nevada, Georgia
The women Kamala Harris has mentored
  + stars: | 2024-09-15 | by ( Edward-Isaac Dovere | ) edition.cnn.com   time to read: +12 min
Angela Alsobrooks, the Democratic nominee for Senate in Maryland, has started collecting magazines with Harris on the cover, buttons, a T-shirt and other memorabilia. She broke down sobbing during Maya Harris’ convention speech when thinking of her own memories of the vice president’s mother. “’Hi, it’s Kamala Harris,’” Alsobrooks remembers hearing. Harris joins Prince George's County Executive Angela Alsobrooks onstage to speak at a campaign event in Landover on June 7, 2024. Cohen switched over to Harris’ campaign for a few shifts.
Persons: CNN —, Kamala Harris, Jahana Hayes, She’d, Hayes, Harris, Long, Ayanna Pressley, Laphonza Butler, , They’re, , Jasmine Crockett, , ” Crockett, she’d, Joe Biden, Crockett, boggle, Angela Alsobrooks, Lateefah Simon, Simon, Maya Harris ’, it’s, Susan Walsh, Alsobrooks, it’s Kamala Harris, ’ ” Alsobrooks, ” Alsobrooks, , Andrew Harnik, Andrea Campbell, “ Joy ”, Campbell, Harris “, ” Campbell, isn’t, Malia Cohen, Gavin Newsom’s, Cohen, Bruce Springsteen, ’ ” Cohen, ” Daniele Monroe, Moreno, Monroe, “ Kamala, ‘ I’ve, she’s, ” Monroe, Peggy Flanagan, hasn’t, Flanagan —, , Flanagan, , Emily Tisch Sussman, Paul, Abbie Parr, Biden, wasn’t, ’ ” Campbell, Harris ’, Kamala, that’s, I’d Organizations: CNN, National Democrats, Democratic, Massachusetts, Naval Observatory, Naval, Office, San, White, , Goodwill Industries, Prince George's, UCLA, Black, San Francisco, of Supervisors, Nevada Democratic Party, Gov Locations: Connecticut, Texas, Maryland, San Francisco, Oakland, ” Connecticut, New Haven, Landover, Boston, California, Las Vegas, Monroe, Minnesota, St, Iowa, United States
A SpaceX spokesperson did not respond to a request for comment sent during the weekend. AdvertisementIn an interview on Monday at the All-In Summit, Musk mocked the FAA for the time it has taken the agency to approve SpaceX launches. An FAA spokesperson did not respond to a request for comment sent during the weekend. Unfortunately for the FAA, Musk isn't doling out any points for trying. Murray defended his office against claims from SpaceX and Musk that the agency was needlessly delaying the launch of Starship.
Persons: , Elon, Musk, Steven Kulm, Daniel Murray, Murray, There's, Trump, Christian Grose, I'm, they're Organizations: Service, Federal Aviation Administration, SpaceX, Business, FAA, Elon, Biden Administration, New York Times, Transportation Office, Global Aerospace Summit, Bloomberg, Summit, Twitter, University of Southern Locations: DC, University of Southern California
A man was arrested in connection with Martin’s death but later freed when the charges were dropped days before his trial, the twins said. A few months later, in early 2021, the St. Francois County Prosecuting Attorney’s office announced it was reopening the case. The suspect, Wesley Paul Marler, 69, has been charged with assault in the first degree and has pleaded not guilty. Their father’s killing changed how his daughters think about Friday the 13thBonne Terre is a small city about 60 miles south of St. Louis. But that belief started unraveling after they talked to residents and learned about their father’s tense history with Marler, they said.
Persons: Jimmie Wade Martin, Martin’s, He’d, Angela Williams, Andrea Lynn, ” Lynn, ” Angela Williams, , Will, ’ ” Williams, , Shawn Lee Martin, Chris Hulsey, Wesley Paul Marler, Louis, ” Williams, , ” Marler, Christopher G, Hartmann, Marler, ” Wesley Paul Marler, Lynn, ” Hartmann, Martin, towner, he’d, ’ ” Lynn, they’d, Melissa Gilliam, ” Gilliam Organizations: CNN, Terre, Facebook, Authorities Locations: Bonne Terre , Missouri, Francois County, St, Francois County , Missouri, Bonne Terre, Farmington, , ” “
DirecTV and Disney have reached a deal that brings Disney’s ESPN and other channels back to the pay-tv provider’s customers after a roughly two week blackout. On Saturday, DirecTV and Disney said they reached a deal that called for “market based terms” on pricing. DirecTV will be able to offer Disney’s streaming services in its packages and a la carte, the company said in a release Saturday. The amount of customers DirecTV lost during the dispute was not “immaterial,” said DirecTV Chief Marketing Officer Vince Torres at Goldman Sachs’ Communacopia & Technology Conference on Thursday. DirecTV offered its customers a $30 credit, financed by stopping payments to Disney as soon as the blackout began, Torres said.
Persons: Disney, DirecTV’s, Jimmy Pitaro, , It’s, ESPN’s Pitaro, , Vince Torres, Goldman Sachs, Torres, Venu, DirectTV, ESPN — Organizations: DirecTV, Disney, ESPN, ABC, SEC Network, ACC Network, CNBC, U.S ., Hulu, Charter Communications, Technology Conference, Antitrust, Warner Bros, Discovery, Fox Corp, Federal Communications Commission, FCC
Eight states will have constitutional amendments backed by Republican lawmakers on the November ballot designed to make clear that only American citizens can vote in elections in those states. But it’s already illegal for noncitizens to vote in elections in those states and at the federal level, and it rarely happens. Trump, the GOP presidential nominee, has long made false claims that noncitizens are voting in elections and that Democrats have helped them enter the country to cast those ballots. No state constitution in the U.S. allows noncitizens to vote. While Americans for Citizen Voting said it has no formal or informal relationship with the Trump campaign or the RNC, its chairman, Paul Jacob, said at a recent press conference that he hopes the ballot measures will help improve voter turnout.
Persons: it’s, stoke people’s, Donald Trump, , Jonathan Diaz, Mike Johnson, noncitizens, , Sen, Julian Bradley, Bradley, Brad Overcash, ” Jack Tomczak, , “ It’s, Brad Raffensperger, Diaz, Bree Grossi Wilde, Trump, ” Diaz, Grossi Wilde, Paul Jacob, ” Jacob Organizations: Republican, noncitizens, Trump, GOP, Republican National, D.C, United, Lawmakers, , ” Wisconsin Republican, Citizen, ” North, ” North Carolina Republican, stoke, Democracy Research, University of Wisconsin Law, RNC Locations: Idaho , Iowa , Kentucky , Missouri, North Carolina , Oklahoma, South Carolina, Wisconsin, U.S, Washington, Iowa , Missouri, Idaho, Kentucky, United States, ” Wisconsin, ” North Carolina, Georgia, North Carolina
As one VC partner told Business Insider at the time: "Sam is bigger than Taylor Swift." But the bigger you are, the faster the fall, and a few months later, things began to unravel. Others simply said Altman was overhyped, that he didn't have all the answers that the public and investors seemed to expect of him. Thanks to good old-fashioned capitalism, Altman and OpenAI have enjoyed business win after win and held their positions as the leaders in the aggressive AI race. "I thought Sam Altman did a really good job in the special," she told The Washington Post in a discussion about her TV program on artificial intelligence.
Persons: , Sam Altman, Taylor Swift, Altman, Oscar, Scarlett Johansson, Johansson, Ilya Sutskever, Jan Leike, Leike, Anthropic —, Greg Brockman, OpenAI, Siri, Goldman Sachs, OpenAI fanboys, Wharton, Ethan Mollick, Anderson Cooper, Josh Kushner —, Oprah Winfrey Organizations: Service, OpenAI, Business, , Leike, Apple, Microsoft, Nvidia, tech's, o1, Washington Locations: OpenAI —, Valley
CNN —A short but tense distribution dispute between Disney and DirecTV came to an end Saturday after the two sides agreed to a new deal that will restore Disney-owned channels, including ABC, ESPN and FX, to the satellite TV provider. DirecTV stopped airing Disney-owned channels on September 1, denying sports fans the ability to watch NFL games on ESPN’s “Monday Night Football” and US Open tennis on ABC. The companies said the distribution deal will include new options for customers, including new packages that include the Disney+, Hulu and ESPN+ streaming services. DirecTV will also be able to distribute the forthcoming ESPN standalone streaming service at no extra cost to DirecTV customers. Last week, DirecTV filed a complaint Saturday with the Federal Communications Commission alleging Disney did not negotiate in good faith.
Persons: Organizations: CNN, Disney, DirecTV, ABC, ESPN, FX, NFL, ESPN’s, Hulu, Federal Communications Commission, New York Jets, San Francisco 49ers, Sling, Dish Network
But two political scientists told Business Insider that Musk's desire to run the US government like a private business — an approach many private sector professionals have supported for decades — isn't as foolproof as the CEO might think. AdvertisementTrump, a businessman turned politician, based much of his first presidential campaign on the notion that his experience in the private sector would guide his approach to politics. "In the private sector, the motive is profit. "But inefficiency in the private sector isn't the same." Advertisement"A business isn't really self-correcting, at least not as easily as government is," Crouse said.
Persons: , Elon, Trump, Musk, Hillary Clinton, he's, it's, Patricia Crouse, Grose, Al Gore, Cynthia Johnson, Ronald Reagan, George W, Bush, isn't, Elon Musk, Crouse Organizations: Service, Summit, Business, Trump, University of New, University of Southern, Reinventing, Community Initiative, Washington, Twitter Locations: Los Angeles, University of New Haven, University of Southern California, Reaganomics, Texas, Pennsylvania, America
Disney's networks went dark on Sept. 1 after the two sides could not agree to terms on fees and bundle structures. DirecTV called Disney anti-consumer, and ESPN Chairman Jimmy Pitaro called the responses DirecTV made to Disney's package offers "basically hypotheticals." The amount of customers DirecTV lost during the dispute was not "immaterial," said DirecTV Chief Marketing Officer Vince Torres at Goldman Sachs' Communacopia & Technology Conference on Thursday. DirecTV offered its customers a $30 credit, financed by stopping payments to Disney as soon as the blackout began, Torres said. This was the second dispute in a year that left pay TV customers without Disney's networks.
Persons: Disney, DirecTV's, Jimmy Pitaro, It's, ESPN's Pitaro, Vince Torres, Goldman Sachs, Torres, Venu, DirectTV, ESPN — Organizations: Clemson Tigers, season's, Clemson, NCAA Division, DirecTV, Disney, ESPN, U.S ., Atlanta Falcons, Philadelphia Eagles, CNBC, & Technology Conference, ABC, Antitrust, Warner Bros, Discovery, Fox Corp, Federal Communications Commission, FCC, Charter Communications
In today’s edition, we explore how far-right activist Laura Loomer's access to Donald Trump is worrying his Republican allies. Plus, "Meet the Press" moderator Kristen Welker dives into the questions Kamala Harris and Trump danced around at the debate. One one side of the GOP, Sen. Lindsey Graham of South Carolina said Thursday that Loomer is “really toxic” and shouldn’t be in Trump’s circle. Sen. Thom Tillis of North Carolina on Friday called Loomer “a crazy conspiracy theorist” who was hurting Trump’s chances in the election. Because your running mate JD Vance has said that you would veto if it did come to your desk.
Persons: Laura Loomer's, Donald Trump, Kristen Welker, Kamala Harris, Trump, Laura Loomer’s, Jonathan Allen, Julie Tsirkin, Vaughn Hillyard, Laura Loomer —, Loomer, don’t, Sen, Lindsey Graham of, Thom Tillis, , Marjorie Taylor Greene, , Harris, “ Everybody’s, , Laura, Laura — she’s, Read, Henry J, Gomez, Brandy Zadrozny, Allan Smith, JD Vance, Vance, Linsey Davis, JD —, David Muir, , Joe Biden, Biden, “ Donald Trump Organizations: NBC, White House, Capitol, Republican, Trump, stoke, Republicans, U.S, GOP, Indian, Nazi, Facebook, , Press, ABC, JD, U.S . Capitol Locations: Loomer, Springfield , Ohio, Lindsey Graham of South Carolina, North Carolina, Georgia, Indian American, Springfield, Columbus, Ohio, Gab, Ukraine, Russia, U.S, Afghanistan
Boar’s Head announced Friday it has indefinitely shut down a Virginia deli meat plant and discontinuing the liverwurst that is linked to a deadly multi-state listeria outbreak that also sickened dozens. In what it called a “dark moment” in the company’s history, Boar's Head said in a Friday statement it’s indefinitely closing its plant in Jarratt, Virginia, where the liverwurst product connected to the outbreak was made. We will work to assist each of our employees in the transition process.”This year’s liverwurst outbreak killed nine and hospitalized 57. Boar’s Head recalled its Strassburger Brand Liverwurst on July 25 over concerns it contained the bacterium Listeria monocytogenes. Some increased measures, according to Boar’s Head, include: Appointing a new chief food safety officer who will report directly to the company’s president; launching a food safety council comprised of independent food safety experts; and creating an enhanced and companywide food safety and QA program, Boar’s Head said.
Persons: Boar’s, Boar's, it’s, , Liverwurst Organizations: CDC, U.S . Department of Agriculture, CBS, Agriculture Department, USDA, Gallup Locations: Virginia, Jarratt , Virginia
The 93-year-old billionaire’s legal effort to rewrite the terms of an irrevocable family trust will remain confidential, a Nevada judge ruled Thursday. The judge rejected a petition from a coalition of major news organizations seeking to make the court proceedings public. The case has drawn intense interest from power players in the overlapping worlds of media, entertainment and politics. Murdoch is one of the most influential press barons of the modern age and his family owns prized assets such as Fox News and The Wall Street Journal. The family feud has been shrouded in secrecy because all of the case filings are under seal.
Persons: Rupert Murdoch’s, Murdoch, ” Murdoch, Lachlan, — James, Elisabeth, Prudence —, Lachlan Murdoch, James Murdoch, Kamala Harris ’, , Rupert Murdoch, Organizations: Court, Fox News, Street, HBO, The New York Times, NBC News, Fox Corp, News Corp, Federal, Commission, Democratic, The, The Times, Associated Press, CNN, National Public Radio, Reuters, The Washington Locations: Nevada, Reno
No one can keep former President Donald Trump away from Laura Loomer. A senior official from Trump’s 2020 campaign team said that helps explain why Loomer is no longer being kept at arm’s length. “Senator Graham is working tirelessly day and night to help re-elect President Trump,” Graham communications director Taylor Reidy responded in a statement to NBC News. Loomer is “not a member of our staff,” said a Trump campaign aide, who asked to remain anonymous. I don’t work for President Trump.”Last year, she said she would "gladly" serve as press secretary in a Trump White House.
Persons: Donald Trump, Laura Loomer, Loomer, Kamala Harris, Loomer’s, Marjorie Taylor Greene, Sen, Lindsey Graham, Graham, Corey Lewandowski, , Trump, Harris, Greene, President Trump, ” Graham, Taylor Reidy, ” “, Joe Biden’s, , Hakeem Jeffries, “ Donald Trump, Joe Biden, “ Everybody’s, Organizations: stoke, Trump, NBC News, Republican, Congress, Indian, House, , Trump White House, Democrats, NYPD, FDNY, Locations: Loomer, Congress, Springfield , Ohio, Indian American, Greene, D
CNN —Most likely voters in six key battleground states express at least some confidence in their state’s election process, according to recent CNN polling conducted by SSRS. But far fewer of them have high confidence in the process, with that mistrust driven largely by voters who support former President Donald Trump. And sizable shares of Trump voters lack even modest confidence in the system. Harris supporters’ expressions of confidence in the election process come amid a campaign that many of her backers view as a referendum on democracy itself. By contrast, only 9% of Trump supporters, on average, say the same.
Persons: Donald Trump, Trump’s, Kamala Harris, Trump, Harris Organizations: CNN, SSRS, Trump, Republican, ABC, Labor Locations: – Arizona, Georgia, Michigan, Nevada , Pennsylvania, Wisconsin, Arizona, Wisconsin . Wisconsin, Pennsylvania, Nevada, Peach State, Arizona , Georgia
Mark Zuckerberg reveals his '20-year mistake'
  + stars: | 2024-09-13 | by ( Sarah Jackson | ) www.businessinsider.com   time to read: +4 min
Read previewMark Zuckerberg is opening up about one of his biggest regrets from his two decades of running Facebook, now Meta. But Zuckerberg, with some newfound swagger and a new T-shirt he designed, kicked things off by saying he was done apologizing, TechCrunch reported. "And my guess is if the IPO was a year-and-a-half mistake, I think that the political miscalculation was a 20-year mistake." "Still not my best thing, but getting a bit more comfortable just being me as I get older." As the Facebook cofounder enters his 40s and reflects on his decades at the helm of Facebook, one thing is increasingly clear: Zuckerberg is in his unapologetic era.
Persons: , Zuckerberg, wasn't, Casey, hasn't, Meta, Newton, — Zuckerberg, GOP Sen, Josh Hawley, He's, Elon Musk Organizations: Service, Chase Center, TechCrunch, Business, Facebook, Meta, GOP, Elon Locations: San Francisco, Newton, Myanmar, Cambridge
Many mental health advocates worry whether the Georgia community will receive the mental health support it is likely to need in the wake of the shooting. Andy Miller for KFF Health NewsSo health providers worry that in the coming days, months, and years the community will struggle to find help for their mental health needs. Georgia ranks nearly last among states in access to mental health care resources, according to Mental Health America, a nonprofit that advocates for increased mental health spending. The lack of mental health care remained a top concern in the region during a follow-up assessment in 2022. But immediately following the shooting, mental health providers across the region still had to cobble together free resources for area residents.
Persons: ” Amanda McKee —, Asa Deslonde, Apalachee —, , Howard Liu, Andy Miller, , Sean Couch, Barrow, Roland Behm, Behm, Tamara Conlin, William Smith, Paul Soost, Conlin, Dr, Sanjay Gupta, McKee, Asa ., Richard Aspinwall, ” McKee, “ They’re Organizations: Health, Apalachee High School, Northeast, Northeast Georgia Medical, International Association for Suicide Prevention, Befrienders, Apalachee, Communications, American Psychiatric Association, KFF Health, Georgia Health, Georgia Mental Health, Partnership, Mental Health America, U.S Census Bureau, Behavioral Health Systems, Health Survey, Barrow County School System, Northeast Georgia Medical Center, Lutheran Church Charities, Atlanta Center, CNN, CNN Health, KFF Locations: WINDER, Ga, Northeast Georgia, Barrow, Atlanta, Georgia, Barrow County, Athens, Gainesville, Northeast Georgia Medical Center Barrow, Winder , Georgia, Nebraska, , Texas
The full interview of Justice Ketanji Brown Jackson will air Friday at 10 p.m. “It’s hard to look back and feel regret,” said Jackson, whom President Joe Biden nominated to the Supreme Court in 2022. Jackson said she was “flattered” that conservative Justice Clarence Thomas, the other Black justice on the court, laid out a detailed disagreement with her dissent in the case. “I think it is a concern for the court as an institution because public confidence is basically all we have,” Jackson said. “I ruled in that case consistent with what I believe the law required,” Jackson told CNN.
Persons: Ketanji Brown Jackson, Abby Phillip, , Jackson, , Talia, ” Jackson, Joe Biden, I’ve, Jackson demurred, hadn’t, Clarence Thomas, Roe, Wade, “ I’m Organizations: ” CNN, CNN, , Harvard, University of North, today’s, Capitol Locations: Boston, Miami, University of North Carolina
Future Coalition PAC has spent nearly $60,000 running several YouTube ads targeting Michigan, according to Google’s Ads Transparency Center. Each of the ads emphatically states Harris’ support for Israel, and many pointedly highlight her husband, Doug Emhoff, who is Jewish. “Kamala Harris is a strong leader for these difficult times. Kamala Harris and Doug Emhoff: making history, standing up for what’s right, supporting Israel.”Another one of the ads opens, “Vice President Harris has chosen a side, the right side. And joining Kamala will be her husband and top advisor, Doug Emhoff, who would be the first Jewish presidential spouse ever.
Persons: Kamala Harris’s, Harris, Doug Emhoff, Emhoff, Harris ’, , Biden administration’s, Joe Biden, Donald Trump ., “ Kamala Harris, Kamala, Kamala Harris, Benjamin, Netanyahu, she’ll, let’s, Cabell Hobbs, Ron DeSantis ’ Organizations: CNN, Republican, Israel, Future Coalition PAC, Democratic, Muslim, Future Coalition, DC, White, , Federal, Commission, Florida Gov Locations: Michigan, Gaza, Israel, Emhoff, Palestine, America
Chinese regulators have hit PwC’s auditing unit in mainland China with a six-month business suspension and a record fine of 441 million yuan ($62 million) over the firm’s audit of troubled property developer China Evergrande Group. “PwC has seriously eroded the basis of law and good faith, and damaged investors’ interest,” said the China Securities Regulatory Commission in a statement. PwC Zhong Tian, the registered accounting entity and the main onshore arm of PwC in China, was the country’s top-earning auditor in 2022, according to the latest official data. The ministry also imposed a fine of 116 million yuan ($16 million) on PwC Zhong Tian for its auditing failure of Hengda in 2018, according to an MOF statement. The CSRC said in a separate statement that it had confiscated PwC Zhong Tian’s revenue involved in the Evergrande case totalling 27.7 million yuan and fined the unit 297 million yuan.
Persons: Zhong Tian, “ PwC, , PwC Zhong, Daniel Li, Hemione Hudson, CSRC, PwC Organizations: China Evergrande Group, Big, , China Securities Regulatory Commission, China’s Ministry of Finance, Bank of China Locations: China, PwC, Hong Kong, New York
Kate Conger and Ryan Mac are the authors of "Character Limit: How Elon Musk Detroyed Twitter." AdvertisementKatie Notopoulos: You've both reported on Elon Musk and his companies for a long time. Notopoulos: Everyone's talking about "Founder Mode" lately, the idea of running a company like it's still in its early days instead of scaling to "manager mode." Musk comes in and wants to go "extremely hardcore," his version of Founder Mode, but it hasn't really worked out. [Business Insider first reported the news that Elon Musk had twins with Zilis, an executive at Neuralink.]
Persons: you've, Twitter —, Kate Conger, Ryan Mac, Elon, Elon Musk, Conger, Mac, Katie Notopoulos, You've, Musk, Jack Dorsey, hasn't, he's, JJ Geiger, , It's, Grimes, Shivon, Alice Zilis, Valkyrie, Claire Boucher, Jesus Organizations: Service, Elon, Twitter, The New York Times, Business, SpaceX, Tesla, Penguin Press, Street, Neuralink Locations: Elon Musk's, Conger
Traders on the New York Stock Exchange floor on Sept. 9, 2024. Spencer Platt | Getty Images News | Getty ImagesSeptember historically hasn't been kind to stock investors. September is the only month during that nearly century-long period in which investors experienced an average loss, according to Morningstar. Trying to time the market is a losing betAlistair Berg | Digitalvision | Getty ImagesInvestors holding their money in stocks for the long-term shouldn't bail, Yoder said. Don't put faith in market maximsSimilarly, investors shouldn't necessarily accept market maxims as truisms, experts said.
Persons: Spencer Platt, Morningstar, Abby Yoder, Yoder, Alistair Berg, Digitalvision, Edward McQuarrie, McQuarrie, couldn't, J.P Morgan Organizations: New York Stock, Getty, Morningstar Direct, Finance, Morgan Private Bank, Investors, Santa Clara University, Fidelity Investments, Federal Reserve, Investor, Mutual Locations: U.S, Wells, New York City, New York
Chinese regulators on Friday hit PwC's auditing unit in mainland China with a six-month business suspension and a record fine of 441 million yuan ($62 million) over the firm's audit of troubled property developer China Evergrande Group . "PwC has seriously eroded the basis of law and good faith, and damaged investors' interest," said the China Securities Regulatory Commission (CSRC) in a statement. PwC Zhong Tian, the registered accounting entity and the main onshore arm of PwC in China, was the country's top-earning auditor in 2022, according to the latest official data. "The cost is enormous in reputation, affecting the ability to get new business in China beyond the fine. PwC also deliberately excluded properties that Evergrande marked as "not allowed to visit" from audit samples, it added.
Persons: Zhong Tian, PwC, Gary Ng, PwC Zhong Tian, PwC Zhong, Daniel Li, Hemione Hudson, CSRC Organizations: China Evergrande Group, Big, China Securities Regulatory Commission, China's Ministry of Finance Locations: China, PwC, Asia, Pacific, Guangzhou, Hong Kong, New York
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