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☆ Vice President Kamala Harris' past donors privately strategize in case Biden drops out
▼ + stars: | 2024-07-03 | by ( Brian Schwartz | ) www.cnbc.com time to read: +8 min

U.S. Vice President Kamala Harris gives the commencement address at the commencement ceremony for graduates of the U.S. Air Force Academy in Colorado Springs, Colorado, U.S., May 30, 2024. There's also discussion among Harris confidants about the need to begin scheduling meetings for the vice president with some of the biggest donors in the Democratic Party if Biden drops out, these people explained. A White House spokeswoman for Harris and Biden campaign representatives did not return requests for comment. "To be clear, Vice President Harris is a badass. PredicIt, which allows people to make bets on political events, now puts the vice president in a close second to Biden.

Persons: Kamala Harris, Harris, Julie Chavez Rodriguez, Biden, Joe Biden, There's, Harris confidants, Donald Trump's, Bill Barr, Jeff Sessions, Brett Kavanaugh, Trump's, Kamala, Trump, Dmitri Mehlhorn, Reid Hoffman, Mark Kelly, Andy Beshear, Roy Cooper, Josh Shapiro, Andrew Bates, Susan Lowenberg's, there's, Lloyd Doggett, Nancy Pelosi, Jim Clyburn, Pelosi, PredicIt, PredictIt, Gavin Newsom Organizations: U.S . Air Force Academy, Commission, Democratic National Convention, Biden, Democratic, White, Democratic Party, Black, Ukraine, Trump, CNBC, New York Times, CNN, NBC News, San Francisco, Former, MSNBC, California Gov Locations: Colorado Springs , Colorado, U.S, Chicago, Germany, Iowa, California, San Francisco, Texas

☆ The Secret Behind a Beloved Palestinian Dessert
▼ + stars: | 2024-07-03 | by ( Ligaya Mishan | ) www.nytimes.com time to read: +1 min

Take a handful of tears. This is not an attempt at poetry: They are, in fact, called tears, these tiny, translucent fragments of resin, glittering like sugar and giving off the scent of high, sweet pine. Once rooted, fed by the sun, the trees can go for long stretches without water — without any care at all. Only a species indigenous to the southern coast of the Greek island Chios produces this precious sap, prized since antiquity as medicine and seasoning for food. (In the 19th century, breath-purifying mastic chewing gum was an indulgence reportedly as beloved by the women of Constantinople as tobacco by the men.)

Persons: Saint Isidore, Herodotus Locations: Chios, Greek Independence, Ottoman

☆ Judge Backs Challenge to F.T.C.’s Noncompete Ban, at Least for Now
▼ + stars: | 2024-07-03 | by ( Danielle Kaye | ) www.nytimes.com time to read: 1 min

A federal judge on Wednesday backed an initial legal challenge to the Federal Trade Commission’s ban on noncompete agreements, which is scheduled to take effect in September. Judge Ada Brown granted an injunction requested by several plaintiffs, saying the ban cannot be enforced against them pending a final ruling. But while the ruling is preliminary, she said that the F.T.C. lacked “substantive rule-making authority” with respect to unfair methods of competition and that the plaintiffs were “likely to succeed on the merits” of their challenge. Judge Brown, of U.S. District Court for the Northern District of Texas, said she expected to issue a final decision by the end of August.

Persons: Judge Ada Brown, Judge Brown Organizations: Federal Trade, Northern, Northern District of Locations: U.S, Northern District, Northern District of Texas

☆ Biden tries to calm Democrats as 2024 drop-out pressure mounts: 'I'm not leaving'
▼ + stars: | 2024-07-03 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +5 min

U.S. President Joe Biden delivers remarks on the Middle East in the State Dining room at the White House in Washington, U.S., May 31, 2024. For likely voters, Trump led Biden by a slightly smaller 6-point margin, though that was 3 points higher than before the debate. The New York Times poll surveyed 1,532 registered voters across the country from June 28 to July 2. While Biden's campaign continues its blitz, pressure mounts for the president to consider bowing out of the 2024 race. In response, the White House and the Biden campaign have rolled out a slate of events for the coming week to reassure the public.

Persons: Joe Biden, Biden, Donald Trump, Kamala Harris, Nancy Pelosi, Chuck Schumer, Jim Clyburn, Hakeem Jeffries, Sen, Chris Coons, Earl Ingram, Andrea, Sanders, Karine Jean, Pierre, Trump, Pelosi, Clyburn, Lloyd Doggett, Jared Golden, Jean Organizations: White, White House, Democratic, NBC, Capitol Hill, Civic Media Network, WURD Radio, NBC News, Trump, New York Times, Siena, Biden, CNN, ABC, Democrat, ABC News, NATO Locations: Washington , U.S, D, U.S, Texas, Wisconsin, Pennsylvania

☆ How thousands of Americans got caught in fintech’s false promise and lost access to bank accounts
▼ + stars: | 2024-07-02 | by ( Hugh Son | ) www.cnbc.com time to read: +10 min

Craft had her wages deposited directly into a Yotta account and used the startup's debit card to pay for all her expenses. CNBC reached out to fintech customers whose lives have been upended by the Synapse debacle. Instead of spending years and millions of dollars trying to acquire or become banks, startups got quick access to essential services they needed to offer. They account for 60% of all new fintech account openings, according to data provider Curinos. The FDIC's exact language about whether fintech customers are eligible for coverage: "The short answer is: it depends."

Persons: Natasha Craft, Craft, fintech, Adam Moelis, Sankaet Pathak, Michele Alt, Scott Sanborn, Sanborn, LendingClub, she's, Rick Davies, Taylor Stitch, " Davies, He's, he's, Davies, hasn't Organizations: FedEx, CNBC, Federal Deposit Insurance Corp, Synapse, Indiana FedEx, Disney, Bank, Trust, JPMorgan Chase, Klaros, PayPal, Getty, Financial Technology Association, D.C, Block, Regulators, Federal Reserve, FDIC, Oakland, San, OCC Locations: Mishawaka , Indiana, Craft, Oakland , California, New York City, Santa Barbara , California, Maryland, Bristol , Connecticut, Seattle, Tennessee, Yotta, Boston, Washington, fintechs, Silicon, San Francisco

☆ Trump immunity ruling due for release in Supreme Court's final decision day
▼ + stars: | 2024-07-01 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +1 min

Republican presidential candidate, former U.S. President Donald Trump speaks at a campaign rally at the Liacouras Center on June 22, 2024 in Philadelphia, Pennsylvania. The Supreme Court is poised Monday morning to release the final opinions of its term — including a ruling on whether former President Donald Trump is immune from criminal prosecution on federal election interference charges. The decision by the high court, whose six-seat conservative majority includes three members nominated by Trump, will determine the fate of the high-stakes criminal case brought by special counsel Jack Smith. Trump is charged in a four-count indictment with illegally conspiring to overturn his loss to President Joe Biden in the 2020 presidential election. The case in Washington, D.C., federal court has been on pause while Trump argues that he is immune from prosecution for any official acts he performed while he was president.

Persons: Donald Trump, Trump, Jack Smith, Joe Biden Organizations: Liacouras Center, Washington , D.C Locations: Philadelphia , Pennsylvania, Washington ,

☆ Democrats ask Raimondo to step up enforcement on CHIPS funding
▼ + stars: | 2024-07-01 | by ( Emily Wilkins | ) www.cnbc.com time to read: +2 min

WASHINGTON — A group of Democrats are raising concerns as to whether companies that received federal funding for semiconductors used the money to support stock buybacks - and criticizing their own party over how the awards are given. Raimondo has stated that CHIPS funding is not meant to pad companies' bottom lines or support stock buybacks. But lawmakers urged her to go further, and ban stock buybacks for companies that receive CHIPS funds. About $33 billion of funding from the CHIPS Act has been allocated, mostly to major companies. It also said decisions on buybacks were independent from any funds released through the CHIPS Act.

Persons: Gina Raimondo, WASHINGTON, Sen, Elizabeth Warren, Sean Casten, Bill Foster of, Pramila, Pat Gelsinger, Raimondo, Warren Organizations: Science, Technology, Washington , D.C, CNBC, BAE Systems, Intel, Yahoo, Finance, Microelectronics, Commerce Department Locations: Rayburn, Washington ,, Bill Foster of Illinois, Washington

☆ Marina Abramović and her ‘peace’ dress silenced Glastonbury for seven minutes
▼ + stars: | 2024-07-01 | by ( Leah Dolan | ) edition.cnn.com time to read: +3 min

CNN —On Friday, Marina Abramović staged a collective seven minute silence at the UK’s biggest music festival. In case her messaging was unclear, the Serbian artist wore a white sculptural column dress that, when her arms were outstretched, opened out into a peace sign. Standing tall, her shoulders sloped to create the top of the peace sign — her hands lost in the round of the giant white sleeves. The dress, designed by her friend and former Burberry creative director Riccardo Tisci, was inspired by the Japanese kimono. Joel C Ryan/Invision/APWhile we’re more familiar seeing peace signs printed on crop tops or canvas tote bags, Abramović and Tisci’s IRL-rendering is closer to the symbol’s creation story.

Persons: Marina Abramović, Abramović, ”, Riccardo Tisci, Joel C Ryan, Gerald Holtom, Holtom, “, Dior knitwear Organizations: CNN, Glastonbury, Burberry, Campaign, Nuclear Disarmament, Chanel, Holtom Locations: Serbian, Abramović, British, London, Moschino

☆ The Blue-Collar Democrat Who Wants to Fix the Party’s Other Big Problem
▼ + stars: | 2024-07-01 | by ( Jason Zengerle | ) www.nytimes.com time to read: +1 min

The finger-saving technology has been likened to airbags in cars — a straightforward but ingenious safety solution — but many of Gluesenkamp Perez’s friends didn’t see it that way. They were worried that a government mandate would increase the cost of a new table saw by hundreds of dollars, while also giving SawStop, the company that developed the technology, an effective monopoly. Too often, she believes, policymakers are not only disrespectful to people who work with their hands, but also ignorant of the reality of their day-to-day lives. In April, she introduced legislation that would prohibit the commission from implementing the rule until five years after SawStop’s patent expires. (SawStop’s chief executive, Matt Howard, said that the company has promised not to enforce its patent once the rule is implemented.)

Persons: Gluesenkamp, didn’t, Gluesenkamp Perez, ”, Matt Howard Locations: United States

☆ 'House of the Dragon' had a surprising cameo in the latest episode from an actor who said they wouldn't return
▼ + stars: | 2024-07-01 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +3 min

Read previewWarning, spoilers ahead for "House of the Dragon" season two, episode three. An unexpected "House of the Dragon" star just popped up for a cameo in the third episode of season two after previously saying they wouldn't come back. AdvertisementIn his dreamlike vision, Daemon believes that an unknown person tries to break into his room. Milly Alcock as Rhaenyra Targaryen in "House of the Dragon" season two. AdvertisementGunn said he was "blown away" by the actor during her audition after seeing her in "House of the Dragon."

Persons: —, Daemon Targaryen, Matt Smith, Targaryen, Milly Alcock, Rhaenyra, Daemon, Sam C, Wilson, Stobbart, Alcock, Emma D'Arcy, Ryan Condal, D'Arcy, James Gunn's, Gunn Organizations: Service, Blacks, Business, HBO, DC Locations: Harrenhal, Westeros

☆ AI startup Abnormal Security is set to be valued at $5 billion in new funding round, sources say
▼ + stars: | 2024-07-01 | by ( Ben Bergman | Sri Muppidi | ) www.businessinsider.com time to read: +1 min

Abnormal Security uses AI to guard users from cyber threats across email and apps. It is set to be valued at $5 billion in a fresh funding round, according to two sources. The company was valued at $4 billion in a 2022 funding round led by Greylock Partners. AdvertisementAbnormal Security, a startup that uses artificial intelligence to guard users from cyber threats across email and apps, is set to be valued at $5 billion in a fresh funding round, according to two sources familiar with the deal. The company has raised a total of $374 million in venture funding.

Persons: — Organizations: Security, Greylock Partners, Service, Insight Partners, Menlo Ventures, The Syndicate Group, Business

☆ Former Trump aide Steve Bannon begins four-month prison sentence for contempt of Congress
▼ + stars: | 2024-07-01 | by ( Josephine Rozzelle | ) www.cnbc.com time to read: +1 min

Steve Bannon, former top advisor to Donald Trump, greets supporters as he arrives to speak with media before he reports to prison at the U.S. federal correctional institution in Danbury, Connecticut, on July 1, 2024. Steve Bannon, a former aide to Donald Trump, reported to prison on Monday to begin a four-month sentence for refusing to comply with a congressional subpoena. Bannon entered the federal correctional institution in Danbury, Connecticut, around 12:00 p.m., NBC News reported. Bannon was greeted by Rep. Marjorie Taylor Greene, R-Ga., and a mixed crowd of supporters and protesters when he arrived at a press conference across the street from the federal correctional institution in Danbury. He told reporters he was "proud to go to prison" and had "no regrets," shortly before reporting to begin his sentence.

Persons: Steve Bannon, Donald Trump, Bannon, Marjorie Taylor Greene Organizations: U.S, NBC News, D.C, U.S . Capitol Locations: Danbury , Connecticut, Washington, Danbury

☆ In new criteria for Alzheimer’s, some see much-needed progress while others fear profit may be driving ‘diagnostic creep’
▼ + stars: | 2024-07-01 | by ( Brenda Goodman | ) edition.cnn.com time to read: +12 min

CNN —With another pricey Alzheimer’s disease treatment expected to receive an approval decision soon, the nonprofit Alzheimer’s Association has published the final version of its new diagnostic criteria for the disease. Together with another protein, tau, which makes fibrous tangles that block the communication of nerve cells, they are considered a hallmark of Alzheimer’s disease. “There’s no evidence for it,” said Dr. George Perry, a neurobiologist and editor of the Journal of Alzheimer’s Disease. Two members of the panel were employees of the Alzheimer’s Association, which also takes funding from pharmaceutical companies. Widera says he hopes that in the next round of guidelines, the Alzheimer’s Association will consider the risks involved.

Persons: There’s, –, donanemab, “, ”, George Perry, Adriane Fugh, Berman, haven’t, Maria C, Carrillo, Alzheimer’s, It’s, Eric Widera, Widera, it’s, Aduhelm, Karl Herrup, Clifford Jack, ” Jack, “ It’s, Niles Franz, ” Franz, Dr, Sanjay Gupta, Franz, ” Widera Organizations: CNN, Alzheimer’s Association, Food and Drug Administration, FDA, Georgetown University, University of California San, American Geriatrics Society, Abbott Labs, University of Pittsburgh School of Medicine, Mayo Clinic, Nature Medicine, federal National Institute, Aging, Alzheimer’s Association International, National Institute, National Institutes of Health, NIA, Alzheimer’s, National Academy of Medicine, CNN Health, Association Locations: University of California San Francisco

☆ How I went from MBA to CEO in just seven years
▼ + stars: | 2024-07-01 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +8 min

Now, seven years after graduating from business school, I'm the CEO of accounting platform Ascend Together, which is growing by the day. It took lots of long hours and self-reflection, plus the help of private-equity firm Alpine Investors' CEO-in-training program. Here's my story of how I went from MBA to CEO. Alpine CITs Alpine InvestorsI have to give them credit for their imagination, because they placed me in the role anyways. Alpine's CEO and founder Graham Weaver Alpine InvestorsI attribute this so much to Graham Weaver, Alpine's founder and CEO.

Persons: —, David Wurtzbacher, you'll, CITs, We're, That's, Graham Weaver, Graham Organizations: Service, Business, Alpine Investors, JPMorgan Chase, JPMorgan, Harvard, Alpine's CIT, Lightwave, Carolinas, CIT, Alpine, Technology, CPA Locations: Harvard, Alpine, San Francisco, Virginia, Lightwave

The Youngest Pandemic Children Are Now in School, and StrugglingThe pandemic’s babies, toddlers and preschoolers are now school-age, and the impact on them is becoming increasingly clear: Many are showing signs of being academically and developmentally behind. But the impact on the youngest children is in some ways surprising: They were not in formal school when the pandemic began, and at an age when children spend a lot of time at home anyway. Researchers said several aspects of the pandemic affected young children — parental stress, less exposure to people, lower preschool attendance, more time on screens and less time playing. The youngest students’ performance is “in stark contrast” to older elementary school children, who have caught up much more, the researchers said. Sarrah Hovis, a preschool teacher in Roseville, Mich., has seen plenty of the pandemic’s impact in her classroom.

Persons: ” “, “, ”, Jaime Peterson, —, Joel Ryan, Kristen Huff, Catherine Monk, ” David Feldman, Tommy Sheridan, don’t, Michaela Frederick, She’s, weren’t, Aaron Hardin, Frederick, Lissa O’Rourke, Sarrah, ” Terrance Anfield, children’s, Rahil, Briggs, Zero, Kelsey Schnur, Finley, Schnur, Analilia Sanchez, lockdowns, Heidi Tringali, Travis Dove, Tringali, I’m, Michael LoMedico, Emily Sampley, It’s, Dani Dumitriu Organizations: ”, Oregon Health, Science University, Curriculum Associates, Columbia, Start, Brook Allen, The New York Times, Associates, Cincinnati Public Schools, Cincinnati Children’s Hospital, The New York Locations: School, Washington State, U.S, St, Petersburg, Fla, Martin , Tenn, Sharon, Tenn, Augustine, Cincinnati, Roseville, Mich, “, Indianapolis, Sharpsville, Pa, El Paso, Charlotte, N.C, Yonkers, N.Y, Sioux Falls, S.D, Tennessee, Oregon

☆ Supreme Court punts social media moderation cases back to lower courts
▼ + stars: | 2024-07-01 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +1 min

Chris Marchese (L), director of the NetChoice Litigation Center, looks on as Matt Schruers (C), president and CEO of the Computer & Communications Industry Association, speaks to reporters outside of the U.S. Supreme Court in Washington, D.C., on Feb. 26, 2024. The Supreme Court on Monday wiped existing rulings around two state laws that aim to prevent tech companies from banning users over potentially harmful rhetoric. The move prolongs a debate over whether Republicans will be able fight what they view as "censorship" by leading social media platforms. The Court sent the issue back to lower courts for further review, arguing that the previous rulings failed to properly explore whether the content moderation laws would be unconstitutional under all circumstances. Texas and Florida have passed legislation that Republican lawmakers claim will stop tech companies including Facebook parent Meta; X, formerly known as Twitter; and Google's YouTube from stifling conservative opinions.

Persons: Chris Marchese, Matt Schruers Organizations: NetChoice Litigation, Computer & Communications Industry Association, U.S, Supreme, Washington , D.C, Republicans, Facebook, YouTube Locations: Washington ,, Texas, Florida

☆ Read the Supreme Court’s Ruling on Immunity
▼ + stars: | 2024-07-01 | by ( ) www.nytimes.com time to read: +3 min

Whether the communications alleged in the indictment involve official conduct may depend on the content and context of each. This necessarily factbound analysis is best performed initially by the District Court. The Court therefore remands to the District Court to determine in the first in- stance whether this alleged conduct is official or unofficial. And the parties and the District Court must ensure that sufficient allegations support the indictment's charges without such conduct. (d) The Government takes a similarly broad view, contending that the President enjoys no immunity from criminal prosecution for any action.

Persons: Snyder, Phelps, Trump, lar, mately Organizations: Court, Government Locations: Nation's Government

On the final night of Copa America Group C play, the U.S. men’s national team had to match or better Panama’s result against Bolivia. The challenge was that the U.S. would have to do it against unbeaten group leaders Uruguay. AdvertisementPanama beat Bolivia 3-1 and the U.S. lost 1-0 to Uruguay, ending their Copa America after one win and two losses in a disappointing group stage. Then, when giving Chris Richards a yellow card in the 32nd minute, Uruguay looked to play a quick free kick. Greg O’KeeffeWhat was the deal with the camera angle?

Persons: Gregg Berhalter’s, Paul Tenorio, Greg O’Keeffe, Jeff Rueter, Gregg Berhalter, Tim Weah’s, John Dorton, Kevin Ortega, Ortega, Tyler Adams, Chris Richards, Richards, —, Tim Ream, Christian Pulisic, Shaun Clark, Mathias Olivera, Darwin Nuñez, Matt Turner, Olivera, Paul Tenorio Joy, Pulisic, Bruno Miranda’s, Michael Reaves, tim, lev Organizations: Copa America Group, men’s, Uruguay, U.S, Copa America, Copa, Getty, USSF, Soccer, Peruvian, Ecuador, Iran, Napoli, Panama, Fox, CONMEBOL, Inter Miami, Sporting Kansas City, pla, eac Locations: U.S, Bolivia, The U.S, Uruguay, Panama, United States, Mexico, Canada, Qatar, Orlando, Kansas City, Bruno Miranda’s Bolivia, uHolden sh

☆ How Copa America Group C ended for the USMNT
▼ + stars: | 2024-07-01 | by ( Ben Burrows | Michael Dominski | ) www.nytimes.com time to read: +2 min

The USMNT are out of the Copa America on the final night of Group C.A much-debated Mathias Olivera goal for Uruguay put them behind on the night and coupled with Panama beating Bolivia in the other game on the night saw them progress through alongside Uruguay. Uruguay win Group C with Panama advancing alongside them in second place. The USMNT suffered a shock defeat to Panama on Thursday to leave their chances of progression beyond the group in doubt. For the USMNT to advance to the knockout phase, their result against Uruguay in their final group-stage game needed to match or better Panama’s result against Bolivia. In the event of a tie on points at the end of the group goal difference is the first tiebreaker before goals scored and then head-to-head record.

Persons: Mathias Olivera, Folarin Balogun, Cesar Blackman, Tim Weah, Fajardo, Adalberto Carrasquilla, Christian Pulisic, Gregg Berhalter’s, Hector Vivas Organizations: Copa America, Uruguay, Panama, U.S, Mercedes, Benz, D Locations: Uruguay, Panama, Bolivia, Atlanta, U.S, Glendale, Las Vegas

☆ Wimbledon recap day one: Coco Gauff joined by lucky losers in women’s draw, Tiafoe rises
▼ + stars: | 2024-07-01 | by ( Charlie Eccleshare | Matthew Futterman | ) www.nytimes.com time to read: +15 min

Welcome to the Wimbledon briefing, where The Athletic will explain the stories behind the stories on each day of the tournament. For world No 2 Coco Gauff, the draw at this year’s Wimbledon has been more than kind: It’s been positively loving. There are no Wimbledon champions in this half of the draw, but there is still a four-time slam winner. (Glyn Kirk / AFP via Getty Images)Can Frances Tiafoe make this the first day of the rest of his tennis life? Tiafoe came back from two sets down for the first time in his career, winning 6-7(5), 2-6, 6-1, 6-3, 6-3.

Persons: Casper Ruud, Aryna Sabalenka, Frances Tiafoe, Casper Ruud’s, Ruud, Alexander Zverev, Alex Bolt, Henry Nicholls, I’m, ”, Swiatek, you’ve, Coco Gauff, Victoria, Zheng, Lulu Sun, Mirra, —, Brenda Fruhvirtova, Jasmine Paolini, Maria Sakkari, Gauff, Caroline Dolehide, Naomi Osaka, Diane Parry, Glyn Kirk, Tiafoe, Mateo Arnaldi, ” Tiafoe, He’s, Roland Garros, craves, Borna Coric, — Carlos Alcaraz, Ben Stansall, Erika Andreeva, Britain’s Sonay Kartal, Aryna, Linda, Erika, Donna Vekic, rika, ade, ound, hird, Ber, G, 🇦🇷 18 S. Baez, 🇿 J., Kor, Borge, Dan, 🇪 E., Diaz, Hurkacz 🇲🇩 R, 🇸 J., . Ju, Kar, J, Fearnley, 🇹 1, Nakashima 🇦 🇺 J., F. J, 🇷 P., eva 🇩🇪, 🇦, A. Pot, Colli, 🇸, . Wozniacki, Bro, Fer, U vardy, Tomova 🇺 🇸, 🇴, K, 🇿 K., Yastrems, 🇷, Wang, 🇹, Danilo, eva, 🇯, Nava Organizations: Wimbledon, London, Getty, Tennis, Victoria Azarenka, U.S, 🇬, Monfils, ritz, emi, eni, Sta Locations: Wimbledon, Halle, Germany, Queen’s, London, Norway, Swiatek’s, Italy, AFP, Roehampton, Russian, Croatia, novi, Bou, Ste

☆ As Inflation Soars, Myanmar Shop Owners Are Jailed for Hiking Wages
▼ + stars: | 2024-07-01 | by ( Richard C. Paddock | ) www.nytimes.com time to read: +1 min

With Myanmar’s currency plunging and inflation soaring, the owner of three cellphone shops in Mandalay announced he was giving his employees a raise. Word of his generosity quickly spread on Facebook, and his workers cheered the news. Mr. Pyae Phyo Zaw is one of at least 10 business owners arrested in recent weeks after word circulated online that they were increasing their workers’ pay. Hiking wages has not been outlawed, but the business owners are charged with undermining the regime by making people believe that inflation is rising, one legal expert said. Soldiers posted a notice outside one of Mr. Pyae Phyo Zaw’s shops saying it was closed for disturbing “the peace and order of the community.”

Persons: Pyae, ” Organizations: Facebook Locations: Mandalay, Myanmar

☆ Move over, remote jobs. CEOs say borderless talent is the future of tech work
▼ + stars: | 2024-06-30 | by ( Rachel Curry | ) www.cnbc.com time to read: +6 min

Borderless tech hiring has doubled in the last three years, according to Gartner's 2023 CEO Survey. By 2022, the tech talent workforce in cities like Beijing and Delhi far outweighed that of U.S. powerhouses like San Francisco and New York, reports CBRE Global Tech Talent Guidebook 2024. The report cites burgeoning tech talent markets like Bucharest, Romania; Cape Town, South Africa; Cebu City, Philippines; Nairobi, Kenya and more. Pockets of talent worldwideAdam Jackson, CEO of decentralized tech talent platform Braintrust, does borderless differently. Caplan relishes in the more altruistic potential of borderless employment, namely its ability to "lift up communities around the globe."

Persons: Jeremy Johnson, Goldman Sachs, Johnson, John Caplan, Adam Jackson, Jackson, That's, synchronously, Caplan, Caplan relishes Organizations: CBRE Global Tech, Global, NASA, Deel's Locations: Beijing, Delhi, U.S, San Francisco and New York, Bucharest, Romania, Cape Town , South Africa, Cebu City, Philippines, Nairobi, Kenya, Braintrust, San Francisco, Silicon Valley, Europe, Africa, America

☆ Top Wall Street analysts favor these dividend stocks for better returns
▼ + stars: | 2024-06-30 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

Here are three attractive dividend stocks, according to Wall Street's top pros on TipRanks, a platform that ranks analysts based on their past performance. Darden RestaurantsThe first dividend stock is Darden Restaurants (DRI), which operates several popular brands in full-service dining, including Olive Garden, LongHorn Steakhouse and Yard House. While Darden exceeded analysts' earnings expectations, its sales slightly missed the Street's consensus amid increased discounting by rivals. Moreover, the company announced a dividend hike of nearly 7%, bringing the quarterly dividend to $1.40 per share. (See International Seaways' Stock Charts on TipRanks)CitigroupFinally, let's discuss this week's third dividend stock, banking giant Citigroup (C).

Persons: Wall, Darden, Peter Saleh, Saleh, TipRanks, Benjamin Nolan, Nolan, INSW, Goldman Sachs, Richard Ramsden, Ramsden Organizations: Darden, Olive Garden, LongHorn, Citigroup, Management, Citi, Services Locations: Olive, Rohnert Park , California

☆ Why I Won’t Be Marching in the N.Y.C. Pride Parade - The New York Times
▼ + stars: | 2024-06-30 | by ( Amichai Lau-Lavie | ) www.nytimes.com time to read: +1 min

I’ve been marching in Pride parades since 1995, but I won’t be marching this year in New York, where I live. Pride Month has always been about a political and progressive embrace of our rainbow of choices. Long before Oct. 7, 2023, Jewish progressives like me protested the Israeli occupation and preached a just two-state solution. I have helped to pioneer faith-led Pride programs that are grounded in Jewish values, fighting for freedom and liberation for all. So it’s painful to admit that I don’t feel welcome as my full self in many queer public places that once felt like home.

Persons: I’ve, I’m, Long Locations: New York, Israel, Gaza, American

☆ Want to Be Trump’s Running Mate? Make Sure He Knows About Your Donors.
▼ + stars: | 2024-06-30 | by ( Michael C. Bender | Theodore Schleifer | ) www.nytimes.com time to read: 1 min

During his 2016 campaign, Donald J. Trump orchestrated a takeover of the Republican Party in part by blasting wealthy political donors as the root of corruption and delivering a populist message that appealed to working-class voters. Eight years later, one of his key decision points in choosing a running mate is connections to the superrich. As the end of the selection process approaches, with an announcement expected in the next two weeks after months of suggestion and misdirection, Republican hopefuls are looking to convince Mr. Trump that they have the financial backing behind them that could help swing the race. There are other factors that could make for a good match. Mr. Trump is said to be considering candidates with discipline on the campaign trail, who will not steal his precious spotlight and would fare well in a debate with Vice President Kamala Harris.

Persons: Donald J, Trump, misdirection, Kamala Harris Organizations: Republican Party

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