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Read previewA woman who said she would be handing in her two weeks' notice at work was shocked when her company terminated her employment immediately without pay. She said she would give her two weeks' notice when she was ready. Afraid You Might Be," told BI that this is when the phrase "at will" matters. Jessica B. Summers, principal employment and labor attorney at Lerch, Early, & Brewer, told BI nobody was technically in the wrong in this case. "So when an employee says they are leaving, absent a contract, the employee does have the legal right to end the relationship before the last day proposed by the employee," Summers said.
Persons: , Kelsi, Tom Spiggle, Spiggle, Jessica B, Summers, Brewer, Andrew Zelman, doesn't, Jonathan Hinton Westover, Janice Killion, Killion Organizations: Service, Business, BI, Washington DC, Fort, Utah Valley University Locations: Washington, Lerch, Montana, Berger, Fort Lauderdale
CNN —A passenger plane carrying 61 people crashed outside São Paulo on Friday afternoon, killing everyone on board, according to a statement issued by airline Voepass. All of the passengers had Brazilian documents, airline officials said, though it’s not yet clear if any had dual citizenship. A plane is seen falling out of the sky into the city of Vinhedo, Brazil, on August 9, 2024. A man who missed the flight told Brazilian news outlet Globo that at least 10 people were waiting at the wrong gate and missed the flight before it took off. When they realized they were at the wrong gate, the passengers begged the airport employees to let them board the plane but were told they could not.
Persons: São, ” Voepass, it’s, Eduardo Busch, ” Busch, Guilherme Derrite, , São Paulo, Luiz Inácio Lula da Silva, , CNN’s Julia Vargas Jones, Marcelo Moreno, CENIPA, you’re, ’ –, , , CNN’s Isa Soares, Tatiana Arias, Pam Boykoff, Marcelo Medeiros, Lex Harvey Organizations: CNN, São Paulo, Voepass, Legal, Brazil Air Force, Busch, Brazilian Aeronautical Registry, ATR, CNN Brasil, Passengers, Brazilian, Globo Locations: Vinhedo, Brazil, Brazilian, Parana, Guarulhos, São Paulo, Campinas, São, Private, European
Alistair Berg | Digitalvision | Getty ImagesThe Biden administration's new affordable repayment plan, known as SAVE, may be on hold for months —or longer — amid a slew of legal challenges. The White House says roughly 8 million people are enrolled in SAVE, or the Saving on a Valuable Education plan. Why the SAVE plan is on holdThe SAVE plan has been a magnet for controversy ever since the Biden administration rolled out the program in the summer of 2023, describing it as "the most affordable student loan plan ever." Indeed, the terms of the new income-driven repayment plan are the most generous to date. However, borrowers pursuing student loan forgiveness should still explore their options, said Elaine Rubin, director of corporate communications at Edvisors, which helps students navigate college costs and borrowing.
Persons: Alistair Berg, Digitalvision, Biden, they're, Elaine Rubin Organizations: SAVE, Republican, U.S . Department of Education, Education Department Locations: Edvisors
LONDON — E-commerce giant Amazon’s multibillion-dollar investment in the U.S. artificial intelligence firm Anthropic is formally being investigated by a U.K. competition regulator. Amazon completed in March a $4 billion investment in Anthropic. As part of the deal Amazon will make Anthropic’s powerful large language models available on its Bedrock platform for building generative AI applications. An Anthropic spokesperson told CNBC: “We are an independent company. The CMA is separately scrutinizing U.S. software giant Microsoft’s multibillion-dollar partnership and investment in AI giant OpenAI.
Persons: Anthropic, Anthropic “, , Matt Calkins, Appian, ” Calkins, you’ve, Organizations: Markets, CMA, Amazon, CNBC, Microsoft, U.S . Federal Trade Commission, Google, Big Tech Locations: U.S, Anthropic
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA group of Democratic lawmakers wants answers from a major student-loan company on its debt relief process for the borrowers it services. The issue at play: There's a process for borrowers with federal student loans to apply for a debt discharge if they can prove they were defrauded by their school. President Joe Biden's Education Department has canceled debt for millions of borrowers over the past few years under that process. But the lawmakers have said they're concerned Navient is continuing to narrowly define qualifications for discharge, resulting in borrowers being denied relief without sufficient explanations.
Persons: , Sen, Elizabeth Warren, Madeleine Dean, Bernie Sanders, Ayanna Pressley —, Joe Biden's, Navient —, Warren, Navient, Holder, Leandro Pucci, Pucci, it's, who'd Organizations: Service, Democratic, Business, Joe Biden's Education Department, BI, Navient Locations: Navient
Chesnot | Getty ImagesLONDON — E-commerce giant Amazon's multibillion-dollar investment in the U.S. artificial intelligence firm Anthropic is formally being investigated by a U.K. competition regulator. As part of the deal Amazon will make Anthropic's powerful large language models available on its Bedrock platform for building generative AI applications. "By investing in Anthropic, Amazon, along with other companies, is helping Anthropic expand choice and competition in this important technology. Amazon's spokesperson added that the company will continue to make Anthropic's models available to customers via Bedrock. "We welcome the opportunity to cooperate with the CMA and provide them with a comprehensive understanding of Amazon's investment and our commercial collaboration."
Persons: Dario Amodei, Anthropic Organizations: Getty, Markets, CMA, Amazon, CNBC, Microsoft, U.S . Federal Trade Commission, Google Locations: Chesnot, U.S, Anthropic
DORA requires banks, insurance companies and investment to strengthen their IT security. The EU regulation also seeks to ensure the financial services industry is resilient in the event of a severe disruption to operations. These IT providers often deliver "critical digital services to customers," said Joe Vaccaro, general manager of Cisco-owned internet quality monitoring firm ThousandEyes. This has made banks and other financial services providers more vulnerable to cyberattacks and other incidents. DORA will focus more on banks' digital supply chain — which represents a new, potentially less comfortable legal dynamic for financial firms.
Persons: DORA, DORA —, Charles Schwab —, Mike Sleightholme, Joe Vaccaro, Banks, Vaccaro, Sleightholme, it's, Carl Leonard, Leonard, Stephen McDermid, Okta, Fredrik Forslund, Blancco, there's, Forslund Organizations: Getty, Financial, European Union, CNBC, JPMorgan Chase, Santander, Visa, Broadridge, Cisco, EU, Data Locations: European, EU, DORA, noncompliance
Wednesday’s pretrial hearing, which has been scheduled for months, followed a whiplash decision by Austin to revoke a plea deal that had been announced just two days prior last week. “What he did was illegal,” Eugene Fidell, who teaches military justice at Yale University and co-founded the National Institute of Military Justice, told CNN. But Sowards argued Wednesday that by revoking the deal, Austin was actually doing more harm to the families. While the terms of the pretrial agreement had not been released publicly, among them was the assurance that the detainees would answer questions by 9/11 victim family members. Sowards said family members had already “been submitting questions in good faith,” and expecting answers in return as part of the deal.
Persons: Lloyd Austin, , ” Walter Ruiz, Mustafa Ahmed Adam al Hawsawi, Austin, Susan Escallier, Khalid Shaikh Mohammad, Walid Muhammad Salih Mubarak Bin ‘ Attash, Ruiz, , ” Austin, ” Eugene Fidell, Gary Sowards, Mohammad, ” Sowards, Clayton Trivett, ’ ”, Austin “, Antony Blinken, “ I’m, Sowards, Wells Dixon, Majid Khan, Khan, Dixon, ” Dixon, Eugene Fidell’s Organizations: CNN —, Defense, Guantanamo, Pentagon, White, White House, Yale University, National Institute of Military, CNN, Military Commissions, Austin, Military, Australian, American, , Center for Constitutional Rights Locations: Guantanamo, Austin, Belize
The U.S. lawsuits filed in DC Superior Court Monday shine a spotlight on the supply chains of some U.S. companies operating in the Mexican avocado industry. Reuters could not independently verify the accounts from the local residents or Climate Rights International’s findings. “They have even gone to destroy avocado orchards,” said Claudia Alejandra Sanchez, an activist for Michoacán’s Purepecha Indigenous people. Reuters reviewed copies of letters shared by Climate Rights International. Most of those companies have publicly pledged to adhere to sustainable supply chains in compliance with local laws.
Persons: Del, Richman, Mexico Ken Salazar, avocados, , Claudia Alejandra Sanchez, Michoacán’s, Guardian Forestal, ’ avocados, ” Daniel Wilkinson, Climate Rights International’s, Alejandro Mendez, Savas Melchor Gómez, deforest, Alfredo Ramírez, ” Ramirez Organizations: Reuters, U.S, Organic Consumers Association, Inc, Produce Inc, West Pak, DC, Rights, Climate Rights International, Richman Law, U.S . Department of Agriculture, Climate Rights, Residents, Foods, Costco, Guardian, Pak, Trade, Locations: Madero, Mexico’s, United States, Minnesota, U.S, West, Irvington, N.Y, Mexico, Washington, Michoacán, Jalisco
CNN —Vice President Kamala Harris has chosen Gov. Tim Walz of Minnesota as her running mate, elevating the former teacher and Army National Guard veteran to join the Democratic ticket and help lead the party’s fight to defeat Donald Trump. The vice president held in-person interviews with Walz, Shapiro and Kelly on Sunday. In March, Walz accompanied Harris when she became the first sitting vice president to visit a clinic that performs abortions. During recent remarks at a “White Dudes for Harris” fundraiser, Walz made a rough-and-ready case for the vice president before would-be small-dollar donors.
Persons: Kamala Harris, Tim Walz, Donald Trump, Harris, Walz, MAGA, Josh Shapiro, Arizona Sen, Mark Kelly, Shapiro, Kelly, , , we’ve, Joe Biden, energizing Walz, ” Shapiro, Trump, Karoline Leavitt, Walz “, Biden, Picking Walz, , Trump and Ohio Sen, JD Vance, Harris ”, ” Walz, Biden’s, Brandon, Gwen, Walz –, Jeff Blodgett, Sen, Paul Wellstone, Barack Obama, we’re, ” “, he’s, ” Blodgett, it’s, Angie Craig, Pramila, “ Tim Walz doesn’t, Kevin Poindexter, Trump’s, Ohio Sen, Raghu Devaguptapu, “ He’s, , ” Devaguptapu, CNN’s Arit John, Arlette Saenz, Alayna Treene Organizations: CNN, Army National Guard, Democratic, Pennsylvania, Arizona, Naval, Democratic Party, Trump, Hamas, Golden State, Democratic Governors Association, Republicans, Trump and Ohio, Democrats, MAGA Republicans, National Rifle Association, Farmer, Labor Party, state’s Democratic Party, Minnesota Democrats, Progressives, Washington Rep, Congressional Progressive Caucus, Minnesota Republican, Midwest Locations: Minnesota, Israel, Midwest . Minnesota, Trump and, Congress, Pennsylvania, Ohio, Michigan, Democratic
Henry Cavill posted a photo of his "Deadpool & Wolverine" cameo on Instagram. He appeared to make a joke about shaving his mustache off, referencing the poor CGI in "Justice League." Go to newsletter preferences Thanks for signing up! AdvertisementHenry Cavill spoke about his cameo in "Deadpool & Wolverine" for the first time, and appeared to joke about the poor CGI used to smooth out his face in "Justice League." "Deadpool & Wolverine" movie brings Deadpool (Ryan Reynolds) into the Marvel Cinematic Universe as he tries to save his world from being wiped out by the Time Variance Authority.
Persons: Henry Cavill, , Ryan Reynolds, Hugh Jackman Organizations: Marvel, Justice, Service, Business
According to experts, while it can be costly, new windows can provide significant benefits like lower outside noise and better energy efficiency for the entire home. Wood windows have a traditional look that can be styled with just about any color. “You just need to keep them clean.”The only minor difference between vinyl and wood windows regarding maintenance is sealing and painting. Alexander says that if you have wood windows, they should be sealed or painted if they are exposed to rain or snow. According to experts, a window’s insulating value is called its U-factor, and lower numbers have the best insulation for energy efficiency.
Persons: you’ve, you'll, Wood, casement, , Nicholas Alexander, Alexander, isn’t, it’s, , Casement, Olivia Ott, It’s, Mark Soto, Mark, TikTok Organizations: NBC, Alexander Development Group, Casement, Lowes, Energy Star, Energy, U.S . Environmental Protection Agency, Facebook, Twitter Locations: HOA, Milwaukee , Wisconsin, DIYers
Under the new passport-less immigration program, Singapore residents will not need to show their passports to arrive and depart at air and sea checkpoints. Foreign travelers must also enroll their iris, facial and fingerprint biometrics at manual immigration counters, according to Singapore's Immigration & Checkpoints Authority. However, children under six years old cannot use biometric clearance, or automated lanes at all, to clear immigration, according to authorities. By early 2026, Singapore immigration officials expect 95% of travelers will be able to clear immigration via automated lanes. Biometric processing is expected to reduce immigration wait times by 40%, according to immigration officials.
Persons: Sumesh Patel, SITA Organizations: Changi Airport, Seletar, Bay, Centre Locations: Singapore's, Singapore, Asia, Pacific
This is Street Wars, a weekly series on the battle for space on New York’s streets and sidewalks. It is the first street to greet many travelers as they arrive at Pennsylvania Station or the Port Authority Bus Terminal. It is the backdrop to any night spent at a Broadway show or Madison Square Garden, or just out on the town. At the best of times, it is the Champs-Élysées of hot dog carts: a grand thoroughfare of vendors, tourists and commuters whose bustle brings the city to life. Pedestrians crowd the sidewalk and overflow into an ad hoc expansion of it, created in 2016 when the city began to cordon off a lane of traffic and paint it gray.
Organizations: Pennsylvania, Port Authority Bus Locations: Midtown Manhattan, Madison
Thousands of Venezuelans marched across the South American country on Saturday over its contested election, as President Nicolas Maduro told supporters some 2,000 people had been arrested during protests against the results. The published election result sparked widespread allegations of fraud and protests. Subsequently security forces cracked down on protests which Maduro’s government labeled part of an attempted U.S.-backed coup. “This time there will be no forgiveness,” Maduro told supporters at a rally in Caracas, where he said some 2,000 people had been detained in connection to “crimes” during the protests. During the week, some Venezuelans have appeared outside police stations seeking news of their detained family members.
Persons: Nicolas Maduro, Maduro, Edmundo Gonzalez, ” Maduro, ” Maduro’s, , ” Alfredo Valera, Venezuela’s, Maria Corina Machado, , ” Machado, Machado, , Maria Luzardo, Gonzalez, Antony Blinken Organizations: Wall Street Journal, Rights Watch, of American, OAS, Nations, U.S Locations: U.S, Caracas, Valencia, Maracaibo, San Cristobal, Venezuela, Argentina, Costa Rica, Ecuador, Panama, Uruguay, Russia, China, Cuba
Related storiesShould the plan ultimately be blocked, David said he might have to sell his home or get a second job to afford higher student-loan payments again. But he's highly concerned about his fate with the SAVE plan up in the air. They cited an estimate from the Wharton School of the University of Pennsylvania that found the SAVE plan could cost $475 billion over 10 years. Are you enrolled in the SAVE plan and concerned about student-loan payments? Will student loans influence how you vote in the election?
Persons: David, David —, , Joe Biden's, we've, you'll, he's Organizations: Service, Business, BI, Circuit, GOP, Education Department, Wharton School, University of Pennsylvania, SAVE Locations: recalculate
WASHINGTON — Defense Secretary Lloyd Austin on Friday withdrew the plea deal for the three men accused of planning the 9/11 attacks. Austin announced the move in a letter addressed to Susan Escallier, the convening authority for military commissions, who had worked to negotiate the deal. "Effective immediately, I hereby withdraw your authority in the above-referenced case to enter into a pre-trial agreement and reserve such authority to myself," Austin said in the letter. Officials said on Wednesday that Khalid Sheikh Mohammed, Walid Muhammad Salih Mubarak Bin ‘Attash and Mustafa Ahmed Adam al Hawsawi had reached plea agreements. The three men were expected to plead guilty to lesser charges that would prevent them from receiving the death penalty.
Persons: Lloyd Austin, Austin, Susan Escallier, Khalid Sheikh Mohammed, Walid Muhammad Salih Mubarak Bin ‘ Attash, Mustafa Ahmed Adam al Hawsawi Organizations: WASHINGTON —, Friday
Read previewIf Vice President Kamala Harris and former President Donald Trump ever stand next to one another on the debate stage, viewers watching from their living rooms will notice — even if subconsciously — what the two candidates are wearing. AdvertisementTrump has tailored the traditional masculine suit to fit both his body and his brand. Guy said that Trump often wears navy blue Brioni suits, which are reminiscent of 1980s power silhouettes. Related storiesTrump's campaign celebrated his styling choices, as spokesperson Steven Cheung said, "President Trump has the most style of any President in history." Given his background in reality television, Saha said that Trump understands the game of quick visual communication and knows that clothing can send signals about values.
Persons: , Kamala Harris, Donald Trump, Joe Biden, Harris, Derek Guy, Guy, Trump, Sparsha Saha, Shauna Shames, Shames, Steven Cheung, pantsuits, Manolo, she'll, Saha, Joseph Altuzarra, It's, Rachel Tashjian, I've Organizations: Service, Democratic, Business, Trump, Harvard, Rutgers University, Converse, New York Times, Vogue, Republican, Washington Post Locations: American, Washington
Imane Khelif of Algeria, the boxer at the center of a controversy involving eligibility and fairness that has made the women’s boxing tournament at the Paris Olympics a cultural flashpoint, advanced to the semifinals in her weight class on Saturday. The result guaranteed that Khelif, 25, will leave the Games with her first Olympic medal. But it also ensured that the furor over her participation will continue. The International Olympic Committee, which is overseeing the boxing competition in Paris after it revoked the I.B.A.’s authority, called the decision “arbitrary.” In recent days, the I.O.C. has strongly supported the boxers by stating flatly and repeatedly that they are women and not transgender.
Persons: Imane, Lin Yu Organizations: Paris Olympics, Boxing Association, Olympic Committee Locations: Algeria, Taiwan, Russian, Paris
The video, released by the Baltimore Police Department this week to NBC affiliate WBAL of Baltimore, shows the officers' stunned reactions after the enormous structure was taken down. The officer arrives at 1:48 a.m. and asks an officer already at the scene: "Is that the Key Bridge collapsed?" "Yeah it's the whole bridge, a ship lost its steering and the whole bridge is down in the river," he responds. The original officer, struggling to take in the size of the disaster then says: "I mean, that's the Key Bridge ... "That's a long fall," one officer says of the missing construction workers.
Persons: Baltimore's Francis Scott Key, Dali, Francis Scott Key, Al Drago, Julio Cervantes Suarez, , Brian Wolfe, WBAL Organizations: Baltimore Police Department, NBC, Francis Scott Key Bridge, Bloomberg, Getty, NBC News, Maryland Transport Authority Locations: , Baltimore, Maryland
NASA this week has been discussing the possibility of returning Starliner empty and instead using SpaceX’s Crew Dragon spacecraft to return its astronauts. The Boeing crew flight was initially planned to last a minimum of nine days. NASA previously noted that SpaceX serves as a backup but has sought to deemphasize that possibility, calling Boeing’s spacecraft the “primary option” for return. Already, Boeing’s Starliner losses total more than $1.5 billion due to repeated setbacks and years of delays in developing the spacecraft. If NASA backs Boeing and returns Wilmore and Williams on Starliner, the agency is accepting a currently unquantifiable amount of risk.
Persons: Butch Wilmore, Suni Williams, , , Williams, Mark Nappi, “ We’re, ” Nappi, Steve Stich, Starliner Organizations: NASA, SpaceX, International Space Station, CNBC, Boeing, Ars Technica, Boeing’s, Space, Commercial, Starliner Locations: Starliner
The team has been under a cloud of suspicion since The New York Times reported in April that 23 swimmers tested positive for a banned heart drug before the 2021 Tokyo Games. The issue has also prompted a diplomatic spat between the U.S. on one side and China, the International Olympic Committee (IOC) and the World Anti-Doping Agency (WADA) on the other. "Chinese swimmers are clean and have never feared testing," the spokesperson said. Adam Pretty / Getty ImagesThe impact of testing aside, Chinese swimmers are also worried the situation could affect their once-friendly exchanges with foreign competitors. "No matter how much World Aquatics tried to mess with the Chinese athletes’ mindset before, they still broke the world record!"
Persons: Zhanle, Pan Zhanle, Jonathan Nackstrand, Catherine Ordway, Pan, Adam Pretty, China’s, Ordway, WADA, Witold Banka, Sen, Marsha Blackburn, Erriyon Knighton, commenter, Pan’s, I’m Organizations: Olympics, Paris Olympics, Getty, New York Times, Doping Agency, Paris Games, U.S, International Olympic Committee, NBC News, Aquatics, NBC, International Testing Agency, University of Canberra, FBI, Justice Department, White House, Times, The, ’ Commission, Olympic, Games Locations: HONG KONG, China, AFP, Paris, France, Russia, Sochi, U.S, Australian, Salt Lake City, Utah, United States, Weibo
Turkey’s communications authority blocked access to the social media platform Instagram on Friday, the latest instance of a clampdown on websites in the country. The Information and Communication Technologies Authority, which regulates the internet, announced the block early Friday but did not provide a reason. Sabah newspaper, which is close to the government, said access was blocked in response to Instagram removing posts by Turkish users that expressed condolences over the killling of Hamas' political leader Ismail Haniyeh. Unlike its Western allies, Turkey does not consider Hamas to be a terror organization. Turkey has a track record of censoring social media and websites.
Persons: Ismail Haniyeh, Fahrettin Altun, Recep Tayyip Erdoğan, Erdogan, Haniyeh Organizations: Communication Technologies Authority, Meta, Expression Association, YouTube Locations: Sabah, Turkey, Gaza
Opposition leader Maria Corina Machado, center left, and Opposition presidential candidate Edmundo González, center right, greet supporters at a protest against the result of the presidential election in Caracas, Venezuela, on Tuesday. On Monday, after the National Electoral Council declared Maduro the winner of the election, thousands of opposition supporters took to the streets. The presidents of Colombia and Brazil — both close allies of the Venezuelan government — have urged Maduro to release detailed vote counts. He added that Mexico expects “that the evidence, the electoral results records, be presented.”Pressure has been building on the president since the election. But Machado, the opposition leader, has said vote tallies show González received roughly 6.2 million votes compared with 2.7 million for Maduro.
Persons: Nicolás Maduro, Edmundo González, Edmundo González Urrutia, Antony Blinken, Maduro, Maria Corina Machado, Jesus Vargas, Andrés Manuel López Obrador, Luiz Inácio Lula da Silva, Gustavo Petro of, , , Freddy Superlano, Maria Corina Machado —, , González, Jorge Rodriguez, Machado, Machado’s, ” Machado, Venezuela’s, López Obrador Organizations: U.S . Department of, Electoral Council, México, Getty Images, Brazilian, Electoral, Foro Penal, National Assembly, Street, AP, Justice, Maduro, Brazil —, Venezuelan, Maduro’s United Socialist Party of Venezuela Locations: CARACAS, Venezuela, United States, Venezuela’s, ” U.S, U.S, Brazil, Caracas, Colombia, Mexico, Gustavo Petro of Colombia,
Signage for the Monetary Authority of Singapore (MAS) is displayed outside the central bank's headquarters in Singapore. The Monetary Authority of Singapore announced that the review group will evaluate measures to "improve the vibrancy" of the Singapore equities market. MAS said on Friday the panel will focus on addressing market challenges, fostering listings, and facilitating market revitalization, as well as enhancing regulations to facilitate market growth and foster investor confidence. It said another key goal will be to identify methods for encouraging private sector participation, including from capital market intermediaries, investors and listed companies. "Improving the attractiveness of Singapore's equities market can therefore enhance Singapore's standing as a vibrant enterprise and financial hub," the MAS said, adding that this will also "[complement] Singapore's innovation and start-up ecosystem, private markets, as well as asset and wealth management sectors."
Organizations: Monetary Authority of Singapore, MAS Locations: Singapore, Singapore's
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