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☆ US court blocks handbag maker Tapestry’s $8.5 billion acquisition of rival Capri
▼ + stars: | 2024-10-24 | by ( ) edition.cnn.com time to read: +1 min

A US judge blocked the pending $8.5 billion merger of US handbag and accessories maker Tapestry and Capri on Thursday, a victory for the US Federal Trade Commission in an industry where merger challenges are rare. Tapestry fought those claims, saying the deal was spurred by an intensely competitive US handbag industry and was needed to fight back against European players like Gucci, which are increasingly grabbing market share. The ruling in effect permanently blocks the proposed deal, Tapestry’s lawyers said in court documents. Those brands are: Tapestry’s Coach, Kate Spade and Stuart Weitzman; and Capri’s Versace, Jimmy Choo and Michael Kors. The ruling follows approval of the merger by regulators in Japan and the European Union earlier this year.

Persons: Tapestry, Gucci, Biden, Kate Spade, Stuart Weitzman, Capri’s Versace, Jimmy Choo, Michael Kors, Jennifer Rochon Organizations: US Federal Trade Commission, FTC, Capri, European Union Locations: Capri, New York, Japan

☆ Vance takes on clean-up duty for Trump: From the Politics Desk
▼ + stars: | 2024-10-23 | by ( The Politics Desk | ) www.nbcnews.com time to read: +7 min

Plus, chief political analyst Chuck Todd digs into the closing messages from Trump and Kamala Harris. Vance emerges as Trump’s explainer-in-chiefBy Henry J. Gomez and Alec HernándezJD Vance’s willingness to regularly take questions from mainstream news outlets has added an unofficial duty to his role as Donald Trump’s running mate: explainer-in-chief. That time Trump questioned whether Vice President Kamala Harris is really Black? “I think he pointed out the fundamental chameleon-like nature of Kamala Harris,” Vance contended. The sources all noted they did not have direct knowledge that this was a formal Trump campaign plan.

Persons: Henry Gomez, Alec Hernández, JD Vance, Donald Trump's, Chuck Todd, Kamala Harris, Vance, Henry J, Gomez, Alec Hernández JD, Donald Trump’s, Trump, ” Vance, “, stoked, —, Read, → Harris, Matt Dixon, Yamiche Alcindor, Carol E, Lee Kamala Harris, Seven Harris, ” Harris, Donald Trump, ”, Harris, I’m, haven’t, Kamala Harris ’, she’s, Chuck → Organizations: NBC, White House, Capitol, Trump, Democratic, GOP, NBC News, United States Capitol, Republican Locations: Detroit, Black, Michigan, ”, San Francisco

Fans of late One Direction member Liam Payne have launched a petition asking U.K. lawmakers to enact legislation that would “safeguard” artists’ mental health as they navigate the entertainment industry. The Change.org petition proposes new legislation — which they titled “Liam’s Law” — that would require artists to have access to mental health professionals, be given regular mental health checks and have adequate rest periods. Some management companies and agencies have begun to build out divisions to address their artists’ health, but not everyone, such as independent artists, has access to those resources. Still, Gleason said that there has been a “real-time” shift in the culture that has encouraged artists to prioritize their health. Day Kv said plans to bring the petition to her local members of Parliament (MPs) once it reaches 100,000 signatures.

Persons: Liam Payne, Payne, “ It’s, ” Payne, Harry Styles, Zayn Malik, Niall Horan, Louis Tomlinson, ideation, Payne’s, ”, ” Hilary Gleason, Gleason, “, ” Gleason, “ They’re Organizations: NBC News, ” Locations: Buenos Aires, Argentina

Between the time it takes to process mail ballots and deal with provisional ballots in some battleground states, votes will not be fully tabulated on election night. Projections of who won a close presidential race might not come for days, similar to the 2020 election. The sources all noted they did not have direct knowledge that this was a formal Trump campaign plan. The Trump campaign did not respond to a request seeking comment. In 2020, Trump quickly proclaimed victory on election night, even though he ultimately ended up losing to Joe Biden.

Persons: Kamala Harris, Donald Trump’s, Seven Harris, —, Trump, ” Harris, Donald Trump, ”, “, Joe Biden, there’s, “ I’ve, ” “, ” Al Schmidt, Harris, Rudy Giuliani, “ That’s, Susie Wiles, Chris LaCivita, ’ ” Roger Stone, James Baker, George W, Bush, Joseph Kennedy, John F, Kennedy, Stone, ” Stone, ‘, Biden, Harris ’, ” Trump Organizations: NBC, Trump, NBC News, United States Capitol, Republican, CBS, New, “ Locations: Pennsylvania, Wisconsin, Wisconsin , Michigan, Georgia, Pennsylvania’s, North Carolina, New York City

☆ Chinese smartphone companies tout AI features ahead of Apple Intelligence launch
▼ + stars: | 2024-10-23 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +2 min

Chinese smartphone company Honor on Wednesday revealed new AI features. U.S. sanctions cut Huawei off from Google, prompting the Chinese company to launch its own operating system, HarmonyOS, in 2019. Telecommunications giant Huawei on Tuesday launched an upgrade to its HarmonyOS system that eliminated reliance on the Google-created Android operating system. The new AI features are slated for release on Honor's forthcoming Magic 7 smartphone, due for launch on Oct. 30. Chinese home appliance and smartphone company Xiaomi will also launch a new phone this month that uses Qualcomm's Snapdragon Elite 8 chip.

Persons: George Zhao, Toby Zhu, Canalys Organizations: Huawei, Google, Telecommunications, Baidu, Qualcomm, CNBC Locations: Shanghai, China

Here are six takeaways from Harris’ CNN town hall:Yes, Harris thinks Trump is a fascistHarris was asked Wednesday night if she considers Trump a fascist. “My administration will not be a continuation of the Biden administration,” Harris said. “There was a lot that was done (during the Biden administration), but there’s more to do,” Harris said. The vice president touted her work cracking down on hate crimes and called for new laws to deter future attacks. On Wednesday night, the vice president reprised that appeal – both in what she said and how she said it.

Persons: Kamala Harris, Donald Trump, Republicans –, Trump, Hitler’s, Harris, “ He’s, ” Harris, ’, “, ”, Mark Milley, John Kelly, Liz Cheney, Dick Cheney, Donald Trump’s, Biden, ‘, ’ Harris, CNN’s Anderson Cooper, –, haven’t, Cooper, Harris hadn’t, Yahya Sinwar –, Hitler, Covid, Vladimir Putin, Harris ’, feverishly, “ Dick Cheney, “ doesn’t, what’s, jabbing, hasn’t, fracking, she’s, ” Cooper Organizations: CNN, Republican, Democratic, Republicans, Trump, Joint Chiefs of Staff, White House, Marine, —, Wyoming, Hamas, Democrats, Israel, Capitol, Trump GOP, GOP, wobbly Republicans Locations: Hitler’s Nazi, Pennsylvania, United States, Mexico, Israel, Gaza, America

☆ Popular Restaurants Can Get Killed by a Michelin Star, Food Awards
▼ + stars: | 2024-10-23 | by ( Emily Stewart | ) www.businessinsider.com time to read: +9 min

He then looked at the diverging fortunes of those restaurants that went on to receive a Michelin star — a signifier of excellence in the industry. By 2019, Sands found that restaurants given a Michelin star were more likely to shutter. The publicity created around an award such as a Michelin star drives interest. But he pointed out that even if they ultimately failed, the Michelin restaurants that closed in Sands' research generally had a pretty good run. In many ways, "what to do about growth" is a classic question in any business, including restaurants and hospitality.

Persons: Daniel Sands, Sands, Darren Tristano, Joe Carroll, Anselm, haven't, Carroll doesn't, Danny Meyer, Ryan Sutton, It's, John Gordon, Carroll, Semilla, Emily Stewart Organizations: University College London's School of Management, Michelin, The New York Times, New York Times, New, Square, LO Times, Business Locations: York, New York, Brooklyn, Sands, San Diego, , New York, Philadelphia, Manhattan

☆ Lost Silk Road cities mapped using LiDAR remote sensing
▼ + stars: | 2024-10-23 | by ( Katie Hunt | ) edition.cnn.com time to read: +8 min

CNN —Lost for centuries, two cities lay buried, nearly 5 kilometers (3 miles) apart, underneath grassy pastures in the mountains of Uzbekistan. “It’s a really different environment up there,” Frachetti said of the newly discovered Silk Road settlements. However, the newfound highland cities were too big to simply be trading posts or Silk Road stopovers, Frachetti and his colleagues believe. The research marked the first time that light detection and ranging (LiDAR) equipment had been used in the region for archaeological purposes. Using drone-borne light detection and ranging equipment, archaeologists have mapped two abandoned cities in the mountains of Uzbekistan.

Persons: Michael Frachetti, Tugunbulak, ”, Frachetti, “, ” Frachetti, Michael Frachetti “, Farhod Maksudov, Zachary Silvia, ” Silvia, Tashbulak, It’s Organizations: CNN, Washington University, —, National, of Archeology, Academy of Sciences of, Joukowsky Institute for Archaeology, Brown University Locations: Uzbekistan, —, It’s, St . Louis, Machu Picchu, Peru, Republic of Uzbekistan, ”, Tugunbulak, Tashbulak, Central America, Rhode Island, Samarkand, Kashgar, China

☆ Apple and Goldman Sachs ordered to pay more than $89 million for Apple Card failures
▼ + stars: | 2024-10-23 | by ( Kristian Burt | In | ) www.cnbc.com time to read: +3 min

Apple CEO Tim Cook introduces the Apple Card during a launch event at the Apple headquarters in Cupertino, California, on March 25, 2019. The Consumer Financial Protection Bureau ordered Apple and Goldman Sachs on Wednesday to pay more than $89 million for mishandling consumer disputes related to Apple Card transactions. Goldman Sachs was ordered to pay a $45 million civil penalty and $19.8 million in redress, while Apple was fined $25 million. "Apple and Goldman Sachs illegally sidestepped their legal obligations for Apple Card borrowers. Apple Card was first launched in 2019 as a credit card alternative, hinged on Apple Pay, the company's mobile payment and digital wallet service.

Persons: Tim Cook, Goldman Sachs, Apple, Rohit Chopra, Nick Carcaterra, —, Hugh Son, Steve Kovach Organizations: Apple, Consumer Financial Protection, Apple Card, Big Tech, CNBC Locations: Cupertino , California

☆ Sudan: ‘The world doesn’t see us’, said a militia chief while holding Clarissa Ward captive in Darfur
▼ + stars: | 2024-10-23 | by ( Clarissa Ward | ) edition.cnn.com time to read: +12 min

North Darfur, Sudan CNN —“La tasweer! During our journey in and out of North Darfur, we spent many hours traversing the remote region on sandy tracks. During our time in North Darfur, we passed at least six cell phone towers but none of them were operational. “The world doesn’t see us, the help doesn’t come,” the security chief mused to me one afternoon. The security chief poses with Scott McWhinnie and Clarissa Ward after announcing the team would be released.

Persons: Sudan CNN —, hemming, Scott McWhinnie, “, we’re, ”, Brent Swails, “ What’s, Clarissa Ward, Abdul Wahid al, Tawila, Abu Gamra, Don’t, don’t, Scott’s, Ward, ” Michel Lacharité, mused Organizations: Sudan CNN, CNN, Sudan Liberation Movement, Sudanese Armed Forces, SAF, Rapid Support Forces, UN, Toyota Land Cruiser, US, Emergency Operations, Yale Humanitarian Research Locations: Darfur, Sudan, North Darfur, El Fasher, Tawila, El, Ukraine, Gaza, New York City, Abu, Port Sudan, Geneva, Adre, Chad, Zamzam

☆ As some companies scale back on DEI, others double down on their efforts
▼ + stars: | 2024-10-23 | by ( Rebecca Knight | ) www.businessinsider.com time to read: +8 min

Meanwhile, companies like Harley-Davidson, Molson Coors, Lowe's, and John Deere have scaled back or dropped their DEI programs. But amid the backlash, some organizations are refining their DEI strategies, focusing on belonging, inclusion, and fair pay alongside other diversity metrics. Companies like Ancestry, Mitre, and HLW are using data to evaluate employee experiences while addressing equity through cultural programs, training, and compensation reviews. "We're seeing more reframing of DEI efforts and a stronger emphasis on systematically linking DEI to a business case." Bussing said companies that shy away from DEI initiatives may find themselves at a disadvantage.

Persons: Elon Musk, Molson, John Deere, Maryam Kouchaki, Kouchaki, George Floyd's, Shane Koller, " Koller, Heba Mahmoud, Mahmoud, Anjali Mathai, Mathai, Heather Bussing, Bussing Organizations: Harley, Davidson, Molson Coors, Lowe's, Partners, Academy of Management, Kellogg School of Management, Northwestern University, Research, America, Mitre Locations: Mitre, HLW, HLW's

☆ Apple and Goldman Sachs ordered to pay $89 million after Apple Card failures
▼ + stars: | 2024-10-23 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +3 min

New York CNN —The US Consumer Financial Protection Bureau ordered Goldman Sachs and Apple to pay $89 million, and Goldman was temporarily banned from issuing new credit cards, because of the companies’ mishandling of their Apple Card partnership. Apple neglected to send tens of thousands of Apple Card disputes to Goldman Sachs, the CFPB said. The Apple Card issued by Goldman Sachs and running on the Mastercard network rolled out in August 2019. In April 2023, Apple announced it would be offering its Apple Card holders a 4.15% high-yield savings account with Goldman Sachs. They may park both the 3% cash back they receive from using the Apple Card on select purchases plus other savings they may wish to deposit.

Persons: Goldman Sachs, Goldman, Apple, ” Goldman Sachs, ”, Marcus Organizations: New, New York CNN, Consumer Financial Protection, Apple, Apple Card, SEC, General Motors, Barclays, Mastercard Locations: New York

☆ Amazon's AI data center dream runs into the reality of 'zombie' facilities, higher costs, and labor shortages
▼ + stars: | 2024-10-23 | by ( Eugene Kim | ) www.businessinsider.com time to read: +13 min

Electricity and labor headwinds slow Amazon's data center buildout. AdvertisementAmazon is spending heavily on data centers to support booming AI workloads, putting it on pace to build 240 new facilities by 2040, one estimate found. David Cahn, a Sequoia Capital general partner, recently predicted data center delays across the sector. Bernstein Research recently estimated that electricity demand for AI data centers could exceed supply in just two years without action. An Amazon data center in Oregon.

Persons: —, It's, David Cahn, Marc Wulfraat, MWPVL, we've, Bernstein, Amazon's, Matt Garman, JOSH EDELSON, Garman, Manuel Pineda, Pineda, Owens Corning Organizations: Service, Sequoia Capital, Energy, Amazon, Boston Consulting Group, Bernstein Research, Business, Web, San Francisco 49ers, BI, AWS, Uptime Institute, Center, Survey Locations: AMER, Americas, Oregon , Ohio, Northern Virginia, Amazon's Portland, Arizona, Indiana, Pennsylvania, Silicon Valley, Santa Clara , California, Santa Clara, Levi's, City, Santa, Oregon

Several companies scheduled to release quarterly results next week could see their shares take a dive after Wall Street analysts lowered their latest earnings estimates. As of Tuesday, 19% of S & P 500 companies had reported, with earnings and revenue coming in at 6.1% and 1.4% above analysts' expectations, respectively, according to LSEG. But a host of stocks could take a hit next week, after analysts slashed their earnings expectations in recent months. Estimates have dropped nearly 37% over the past three months and more than 84% in the past six. HUM 3M mountain Humana shares over the past three months.

Persons: Humana Organizations: Wall, CNBC Pro, Intel, CNBC, Cybersecurity Association of China, Humana, Bloomberg News, CF Industries, CF Locations: China, Northbrook , Illinois

☆ Waikato, New Zealand fire: Firefighters battle huge blaze tearing through wetland home to threatened species
▼ + stars: | 2024-10-23 | by ( Jessie Yeung | ) edition.cnn.com time to read: +4 min

The fire began burning in the Waikato wetland on October 21, 2024. Fire and Emergency New ZealandThe blaze poses a major risk to the wetland ecosystem, an important habitat that’s found in few other places, experts say. But even before the blaze, the Waikato wetland, like many other unique habitats in New Zealand, was at risk due to environmental degradation and the climate crisis. But when these carbon sinks come under threat, that stored carbon can be released back into the environment. As the fire burns it’s too soon to assess the extent of its damage or impact on the ecosystem, Jones told RNZ.

Persons: ”, Mark Tinworth, Niwha Jones, isn’t, ” Jones, Jones, RNZ, FENZ’s Tinworth Organizations: CNN, Department of, Radio New Zealand, bittern, Department of Conservation Locations: New Zealand, Waikato, Auckland, Zealand, Māori

☆ 'Turning the page': Harris says America is ready for a female president of color
▼ + stars: | 2024-10-22 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Seitz-Wald-Circle-Byline-Template.Jpg | Alex Seitz-Wald | ) www.nbcnews.com time to read: +5 min

Harris would be the first female president in American history and only the second nonwhite one. “My challenge is the challenge of making sure I can talk with and listen to as many voters as possible and earn their vote. On abortion rights, Harris said she is not interested in finding a potential compromise with Republicans to restore some abortion rights nationwide after the end of Roe v. Wade. Harris said the support from Cheney and other Republicans should not be taken as a sign of her softening her commitment to abortion rights. "Joe Biden is an extremely accomplished, experienced and capable in every way that anyone would want if they’re president," Harris said.

Persons: Kamala Harris, Hallie Jackson, ” Harris, Harris, Liz Cheney, Barack Obama, Hillary Clinton, “, ”, Donald Trump, Roe, Wade, Cheney, Dobbs, ” Cheney, Joe Biden's, Trump, Joe Biden, Donald Trump’s Organizations: NBC News, Naval Observatory, Washington , D.C, Republican, Republicans Locations: Washington ,, Michigan, Wyoming, United States

☆ National Geographic reveals its top destinations for 2025
▼ + stars: | 2024-10-22 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +5 min

CNN —The hottest revival trend in travel for 2025? That would be “fun,” according to National Geographic editor-in-chief Nathan Lump, who spoke exclusively to CNN ahead of the Tuesday reveal of Best of the World 2025, the brand’s annual list of the most thrilling and purposeful travel experiences for the year ahead. Cork has “always been a fun city with a vibrant culture … and an incredibly warm local population,” says Lump. Big-hitters with new attractionsThere are also some destinations on the list that are never short of a visitor or two, such as Bangkok and Los Angeles. In the Thai capital, National Geographic is highlighting the ongoing restoration work at Wat Chaiwatthanaram, a 17th-century Buddhist temple and one of the country’s most important monuments.

Persons: Nathan, ”, That’s, It’s, “ Oppenheimer, Cillian Murphy, George Lucas, “, “ we’ve, it’s, Kanazawa Organizations: CNN, National Geographic, Teatro, Basque Block, Geographic, Wat, Lucas Museum, “ Star, Oriental Express, Malaysia, Malayan Locations: Guadalajara, Mexico, Boise , Idaho, Basque, United States, Cork, Bangkok, Los Angeles, Thai, Wat Chaiwatthanaram, “, …, Crenshaw, Exposition, British Columbia, Guatemala, India, Antigua, Ladakh, Greenland, North America, Japan, Kanazawa, Kyoto, Florida, Sweden, Tunisia, Indonesia

The “blue wall” states of Wisconsin, Michigan and Pennsylvania have paved the path to the White House for the last two Democratic presidents. Recent discussions have centered on the possibility of an anomaly happening this year with just part of the blue wall breaking its way. “We absolutely are competing to win Michigan,” Harris campaign spokeswoman Lauren Hitt said, noting Harris’ presence there this week. The blue wall states have been pivotal to elect presidents in the last several elections. “Those three, the blue wall states, almost always stay together, but this year it’s an extraordinarily tight race.

Persons: Kamala Harris ’, ”, Donald Trump, Harris, Trump, —, “, ” Harris, Lauren Hitt, Mark Robinson’s, Josh Stein, Joe Biden, Biden, Dan Kanninen, Helene, Barack Obama, Hillary Clinton, Harris ’, Michael Dukakis, Tad Devine, Devine, Elissa Slotkin, Dane County, Tim Walz, Obama, Bill Clinton, Matt Baretto, Republicans —, ” Baretto Organizations: White House, Democratic, Pennsylvania, White, Detroit News, Washington Post, Michigan, Trump, Republican, Republicans, Wisconsin, Biden, Democrats Locations: Wisconsin , Michigan, Pennsylvania, Michigan, Wisconsin, North Carolina, Nevada, Hurricane, Arizona , Nevada, Georgia, Nevada , Arizona, Arizona, Gaza, In Wisconsin, Dane, Milwaukee

As Republican vice presidential nominee JD Vance campaigns across the country, his wife, Usha Vance, has been a near-constant presence by his side. Reporters huddled under the wing of JD Vance’s campaign plane often get a glimpse of a book's dust cover as Usha Vance climbs the towable stairs or stands on the tarmac. Though she’s a fixture on the campaign trail, Vance has not occupied a forward-facing public role like other political spouses. As JD Vance has noted on the campaign trail, she left her corporate law firm following the senator’s nomination for vice president in July. Usha Vance, an undergraduate student of history at Yale, went on to study early-modern history at the University of Cambridge.

Persons: Vance, Usha Vance, Emily Wilson —, ” Vance, “, Daniel Mason’s “, Tana French’s “, Woods, Helene, JD, Alec Hernandez, Anthony Doerr’s, Donald Trump, Jill Biden, Michelle Obama, Doug Emhoff, Kamala Harris, Lynne Cheney, Laura Bush, It’s, I’ve, ”, Usha Vance —, clerkships, Vance “, JD Vance, ” JD Vance, ” Usha Vance, ” JD Vance nodded, Usha, Usha Vance’s, “ Usha, Homer’s, ” Alec Hernandez, Zadie Smith, Aleksandr Solzhenitsyn, “ It’s, —, Herbert Butterfield’s “ Organizations: University of Pennsylvania, NBC, Republican, JD, White, National Endowment, Humanities, New York Times, Yale University, University of Cambridge, Yale Law School, Yale, Fox News, GOP, Cambridge Locations: Pennsylvania , Arizona , Michigan, Colorado, California, Woods, New England, America, Virginia, Florida, Cincinnati, China, Pennsylvania

TEL AVIV — Israeli officials are weighing an Egyptian proposal for a small-scale cease-fire deal with Hamas aimed at trying to build momentum for a larger agreement, an Israeli official told NBC News. Israel’s security cabinet has discussed the Egyptian proposal for a two-week truce in Gaza, said the official, who spoke on the condition of anonymity. The Egyptian proposal calls for the release of just six Israeli hostages in exchange, the official said. The Egyptian proposal was first reported by Axios. So the idea is to get the momentum going with a smaller deal,” the Israeli official said.

Persons: Antony Blinken, Yahya Sinwar, Hassan Mahmoud Rashad, Axios, It’s, —, Raf Sanchez, Chantal Da Silva Organizations: TEL AVIV —, NBC News, U.S Locations: TEL AVIV, Israel, Gaza, Lebanon, Beirut, U.S, Tel Aviv, London

☆ North Korea sending troops into Ukraine could supercharge an already-close partnership with Russia
▼ + stars: | 2024-10-22 | by ( Mia Jankowicz | Hannah Abraham | ) www.businessinsider.com time to read: +7 min

South Korea says 1,500 North Korean troops have been sent to aid Russia in its war in Ukraine. They also said that North Korean troops could find themselves little more than cannon fodder. Other experts said North Korean troops would experience the roughest end of Russia's notoriously brutal military hierarchy, which marks some as expendable. "The grim reality is that the North Korean troops will likely simply be cannon fodder for Russia," said Edward Howell, a North Korea expert at the University of Oxford. AdvertisementHoare also pointed to the risk of North Korean troops defecting, which would loom over any deployment.

Persons: —, Volodymyr Zelenskyy, Joseph S, Bermudez Jr, Bermudez, Cannon, Kim Jong, National Intelligence Service Bermudez, Edward Howell, Jim Hoare, Hoare, Suspilne, Kim Jong Un, Vladimir Putin, Kristina Kormilitsyna, Howell Organizations: North, Service, Korea's National Intelligence Service, National Intelligence Service, South, Associated Press, CNN, Center for International, Strategic Studies, North Korean, University of Oxford, BI, The Times, DPRK Locations: Korea, Russia, Ukraine, North, North Korea, Pyongyang, Korean, Russian, South Korea, Seoul, Ukrainian, Koreans, Ussuriysk, South, London, Sputnik

☆ Psilocybin: Searching for the antidepressant of the future
▼ + stars: | 2024-10-22 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +13 min

The stakes are high for psilocybin clinical trials — there’s a pressing need for a more effective medical solution in the fight against depression, especially treatment-resistant depression. “People begin to feel, understand and appreciate that their brain can change and they can escape from their depression,” Nutt said. “For that reason alone, this research matters.”At six weeks, the study found no significant difference in depression scores between the antidepressant and psilocybin groups. In fact, Madras said, adverse effects are such a concern that researchers in psychedelic clinical trials often actively recruit people who have successfully taken psychedelics in the past. In a study using psilocybin for alcohol substance abuse, for example, some 95% of those involved correctly guessed whether they were taking psilocybin or the placebo.

Persons: ”, Dr, Bertha Madras, “, Charles Raison, ’ “, don’t, David Nutt, ” Nutt, it’s, I’m, Timothy Leary, hasn’t, It’s, Harvard’s, Casey Wolfington, Katie Harmon, escitalopram, Nutt, Tommaso Barba, wasn’t Organizations: CNN, Harvard Medical, McLean Hospital, University of Wisconsin School of Medicine, Public Health, Vail Health Behavioral Health Innovation Center, Imperial College London’s, Food, FDA, Imperial College London Locations: United States, Belmont , Massachusetts, ” Madras, Madison, Vail, Colorado, Harvard’s Madras, Madras

☆ Behind CNN’s investigation on deceptive political fundraising that costs elderly donors their retirement savings
▼ + stars: | 2024-10-22 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +13 min

CNN —A new CNN investigation documents how political campaigns have deceived the elderly and people with dementia with badgering, personalized text messages and prechecking boxes for recurring donations. Read the report, which illustrates the aggressive text messaging and charts how recurring donations can add up to hundreds of thousands of dollars drained from retirement savings. The team spent a significant chunk of that time gathering and reviewing the stories of elderly donors from a variety of sources: public records, complaints filed with government agencies, lawsuits and cold-calling donors. RAPPARD: Experts we spoke to told us that elderly donors are the backbone of grassroots fundraising efforts. It became clear to us throughout our reporting process the kind of effect these tactics were having on elderly donors.

Persons: Blake Ellis, Melanie Hicken, Yahya Abou, Ghazala, Audrey Ash, Anna, Maja Rappard, ELLIS, WinRed, Donald, Trump, –, ABOU, Casey Tolan, ”, Donald Trump, Don Jr, Karen, Gabe Ramirez, Democratic Sens, Amy Klobuchar, Dick Durbin, WOLF, TRUMP, Marjorie Taylor Greene Organizations: CNN, Republican, New York Times, Republican Party, Golden Eagles, Netflix, Democratic, Federal, Commission, Republicans, Trump Locations: WinRed, inboxes

☆ 'The million-dollar question of this election': Women's health startups are confronting a shifting legal landscape
▼ + stars: | 2024-10-22 | by ( Melia Russell | Rebecca Torrence | ) www.businessinsider.com time to read: +14 min

Founders of women's health startups feel doubly invested in this election, one of the closest presidential races of the century. They said another Trump victory creates uncertainty for reproductive health startups, from period trackers to online abortion clinics to embryo banks. For startup Julie, the legal status of emergency contraception is the "million dollar question of this election," said Amanda E/J Morrison. Trump's waffling on reproductive rights has put founders of women's health startups on notice. For some founders of women's health startups, this election is more than a political contest; it has ramifications for their livelihoods.

Persons: Julie, Amanda E, J Morrison, Morrison, Lily, Trump, We're, —, Kamala Harris, Trish Costello, Mika Eddy, Eddy, Samuel Corum, Jane, Roe, Wade, Hey Jane, Carli Sapir, Sapir, Donald Trump, Mark Wilson, Flo, Deena Shakir, Lauren Berson Sugarman, Berson, Alice Zheng, Zheng, Julie's, Dobbs, TikTok influencers, Julie swag, Julie Julie's, It's, Melia Russell, Rebecca Torrence Organizations: Suffolk University, Trump, Getty, Amboy Ventures, White, Lux Capital, Maven, Sciences, Vitra Labs, Investors, Walmart, JAMA, Business Locations: New York, Boston, Texas, California, we're, Roe America, Alabama

☆ IMF says global fight against inflation is 'almost won' but warns of rising risks
▼ + stars: | 2024-10-22 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +5 min

"The global battle against inflation is almost won," the IMF report trumpeted, even as it called for "a policy triple pivot" to address interest rates, government spending, and reforms and investment to boost productivity. The fund kept its global growth estimate at 3.2% for 2024 and 2025 — which it called "stable yet underwhelming." Market volatility among key downside risksHeightened financial volatility is another threat to global growth, the IMF report said. Further challenges to global financial markets could come in the final stretch of the fight against inflation. The IMF forecasts global growth will rise 3.1% annually at the end of the 2020s, the lowest level in decades.

Persons: Pierre, Olivier Gourinchas Organizations: International Monetary Fund, Global, Vigilance, IMF Locations: Washington , DC, United States, The Washington, Brazil, Mexico, America, Europe

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