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One year after an Army reservist perpetrated a mass shooting across Lewiston, Maine, lawyers representing survivors and families of the victims said Tuesday they are pursuing negligence claims against the federal government that could pave the way for 100 individual lawsuits. “Today marks the first step toward ensuring accountability and justice for the families and victims of the worst mass shooting in Maine history,” lawyer Benjamin Gideon of Gideon Asen LLC said in a statement. A candlelight vigil to honor those who died and were injured in the mass shooting in Lewiston last October. The legal cases in Maine are similarly focused on the federal government and actions taken by military members. FBI agents work at the scene of a mass shooting at Schemengees Bar in Lewiston, Maine, on Oct. 26, 2023.

Persons: Robert Card, Benjamin Gideon, Gideon Asen, John Tlumacki, ” Gideon, ideations, Joseph Prezioso, Joel Merry, Merry, Card’s, “, Cynthia Young, William, Aaron, ” Young, ” Organizations: Defense Department, Army, Keller Army Community Hospital, “, Boston Globe, Getty, Air Force, Justice Department, Schemengees, Army Reserve, National Guard Locations: Lewiston , Maine, West Point , New York, Maine, Lewiston, Texas, Sutherland Springs , Texas, U.S, AFP, Sagadahoc County, Saco , Maine, Bowdoin

☆ SuperLimbs: Wearable robotic limbs could help astronauts recover from falls
▼ + stars: | 2024-10-14 | by ( Amy Gunia | ) edition.cnn.com time to read: +11 min

That includes researchers at the Massachusetts Institute of Technology (MIT), who are developing a set of wearable robotic limbs to help astronauts recover from falls. When the wearer falls over, an extra pair of limbs can extend out to provide leverage to help them stand, conserving energy for other tasks. The study found that falls were more common when, like Duke, astronauts were collecting samples or using tools – tasks that Artemis astronauts are likely to undertake. Kim Shiflett/NASA NASA astronaut Eric Boe wears Boeing's new spacesuit designed for astronauts who will fly on the CST-100 Starliner. Ballesteros plans to spend the next few years of his PhD using a “Swiss Army Knife technique” to turn SuperLimbs into a system for astronauts that can “address different important use cases, but all be one unified design.”SuperLimbs could help astronauts recover from falls, move efficiently, and do work.

Persons: haven’t, Artemis, Charlie Duke, Duke, Walter M, Schirra Jr, Donald K, Slayton, John H, Glenn Jr, Scott Carpenter, Alan B, Shepard Jr, Virgil I, Grissom, Gordon Cooper Jr, John W, Michael Collins, Edwin E, Aldrin Jr, Buzz Aldrin, Neil A, Armstrong, Aldrin, Joe Engle, Richard Truly, John Young, Bruce McCandless, McCandless, Robert L, Stewart, Michael J, McCulley, Franklin R, Chang, Diaz, Ellen S, Baker, Shannon W, Donald E, Williams, Michael Fincke, Yury Lonchakov, Kennedy, Center's Neil A, Jessica Watkins, Bob Hines, Kjell Lindgren, Samantha Cristoforetti, Kim Shiflett, Eric Boe, Boeing Dustin Gohmert, NASA's, Joel Kowsky, NASA Kristine Davis, SuperLimbs, Harry Asada, Erik Ballesteros, Ballesteros, it’ll, ”, Jonathan Clark, ” Ballesteros, Ana Diaz Artiles, Kalind Carpenter, Preston Rogers, Mirza Samnani Organizations: CNN, Massachusetts Institute of Technology, MIT, University of Michigan, National Aeronautics and Space Administration, NASA, Mercury, Command, NASA Space Shuttle, Challenger, NASA's, NASA NASA, Russian Sokol, International Space, SpaceX, Armstrong Operations, Boeing, Orion, Space, Space Center, Extravehicular Mobility, UPI, Jet Propulsion, SuperLimbs, Neurology, Space Medicine, Baylor College of Medicine, Texas, Swiss Locations: Tranquility, Russian, Washington ,, Washington, Japan, Mars . China

On Wednesday, House Democratic Caucus Chair Pete Aguilar, D-Calif., joined Rep. Susan Wild, D-Pa., here on a tour of Latino-owned small businesses. Though she is the incumbent and older than Mackenzie, Wild, 67, labeled Mackenzie, 42, a “career politician,” noting he has served in elected office for 12 years — twice as long as her. “She has a failed record on border security,” Mackenzie said in a Thursday interview after a rally with Johnson in Hellertown. “Every state is a border state, as we say, because they opened the border wide, and ya’ll, they did it intentionally, OK? A recent NBC News/Telemundo/CNBC poll found that support for Harris among Latino voters is at 54%, the lowest level in the past four presidential election cycles.

Persons: Pete Aguilar, Susan Wild, Mike Johnson, Ryan Mackenzie, Hakeem Jeffries, Katherine Clark, Mackenzie, ”, Wild, ” Wild, “, Joe Biden, Donald Trump, Aguilar, Billy Joel, —, Matthew Tuerk, Tuerk, Scott Wong, Del Abuelo, Kamala Harris ’, Charlie Dent, Milou Mackenzie, “ She’s, Greenberg Lemus, Del, she’s, ” Mackenzie, Johnson, ” Johnson, Trump, Harris, he’s, hasn’t, Victor Martinez, He’s, Tim Walz, Martinez, It’s, She’s, mischaracterize, he's, you’re Organizations: Congressional, House Democratic, GOP, Republican, NBC, Republicans, Census, Allentown, El, El Tablazo, Democratic, La, Democrat, Steel, Bethlehem Steel, NBC News, Telemundo, CNBC, Allentown’s Puerto Rican Parade, Dominican, ” Radio, Mega Locations: ALLENTOWN, Pa, —, Lehigh, Hellertown, D, Easton, Allentown, Pennsylvania, Aguilar, Lehigh Valley, Philadelphia, Puerto Rico, Dominican Republic, Mexico, Colombia, Guatemala, Venezuela, New York, New Jersey, U.S, Bethlehem, Dominican, Wild, Harrisburg, Mexican American, Allentown —, Reading, Puerto, ”, Mexican

There are many commemorations that mark important milestones for queer people and their allies: Pride Month, LGBTQ History Month, Lesbian Visibility Week and Transgender Day of Remembrance, among many others. For celebrities and others in the public spotlight though, coming out also means sharing their sexuality or gender identity with millions of people around the world. Here are a few of the people who have come out so far in 2024. Heidi Gutman / NBCU Photo Bank via Getty Images fileJulia FoxActor and author Julia Fox appeared to come out as a lesbian in a TikTok video shared in July. Stefania D'Alessandro / WireImage fileBruce Joel Rubin“Ghost” screenwriter Bruce Joel Rubin proved in June that it’s never too late to come out.

Persons: Reneé Rapp, Chappell Roan, Sophia Bush, Ashlyn Harris, “ I’ve, ”, ” Sophia Bush, Dimitrios Kambouris, Amber Ruffin, “, ” Ruffin, ” Amber Ruffin, Heidi Gutman, Julia Fox, Fox, Emily Gracin, ” Fox, Ye, Rachpoot, Bauer, Griffin, Maren Morris Singer Maren Morris, Tucker Carlson, Maren Morris, Jim Bennett, Trey Cunningham, he’s, Cunningham, Louisa Jacobson, Louisa Jacobson’s, Jacobson, Oscar, Meryl Streep, Christopher Polk, Zamata, Michael Buckner, Amanda Tori Meating, ” Meating, she’s, Richard Shotwell, Maya Massafera, Massafera poignantly, Roberto Cavalli, Stefania D'Alessandro, Bruce Joel Rubin, it’s Organizations: Pride, Getty, Fox News, U.S, The New York Times, Times, Glasgow . MI, New York Times, Lesbian, Variety, Entertainment, Vogue, Hollywood, Guardian Locations: Glasgow, Milan

☆ Xiaohongshu: How ‘China’s Instagram’ is transforming the travel industry
▼ + stars: | 2024-10-10 | by ( Chris Lau | ) edition.cnn.com time to read: +8 min

Hong Kong CNN —Tucked away in a residential neighborhood in the west of Hong Kong, the Kennedy Town Playground’s basketball courts aren’t particularly noteworthy. It’s because the courts, perched on the side of a hilly slope, offer great views of the Hong Kong skyline. Many of them are followers of Xiaohongshu (Little Red Book), China’s answer to Instagram, which has also become their travel bible. The 26-year-old relied solely on Xiaohongshu to navigate Hong Kong with his wife during their recent trip to the city. A woman takes pictures at an iconic Xiaohongshu spot in Hong Kong.

Persons: Hong Kong CNN —, sipping lattes, Xiaohongshu, Hong Kong's, Noemi Cassanelli, CNN Kennedy, Jiao Le, Cassanelli, ” Jiao Le, Jay Chou, ”, Tokyo's, Zhizhao Wu, Giovanni Mereghetti, Mao Zedong, Charlwin Mao, Miranda Qu, it’s, Qian Gua, “, Xia Jiale, Joel Placeres, “ Will, Placeres, Jiao, Hung Organizations: Hong Kong CNN, Kennedy Town, Hong Kong's Kennedy, CNN, CNN Reading, Getty, Kennedy, CNN Travel, Lobos, “ Lobos, Hong Locations: Hong Kong, China, Seoul, Beijing, Asia, Copenhagen, Tivoli, Norrebro, Central, New York, Japan, Kamakura, Tokyo, Denmark, Xiaohongshu, Kennedy Town, Communist China, Shanghai, Luoyang, Europe, London, Paris, Hong, Noemi

☆ 5 Nobel-worthy discoveries that haven’t won the prize
▼ + stars: | 2024-10-05 | by ( Katie Hunt | ) edition.cnn.com time to read: +8 min

The first human genomeThe mapping of the human genome has had a huge impact on biology and other fields. The output from a DNA sequencer is shown in this undated image from the National Human Genome Research Institute. But one reason the project may not have earned a Nobel Prize is the sheer number of people involved in the feat. The Nobel Prize in physiology or medicine will be announced on Monday, followed by the physics prize on Tuesday and the Nobel Prize in chemistry on Wednesday. The Nobel Prize for literature will be announced on Thursday and the Nobel Peace Prize on Friday.

Persons: Alfred Nobel, Nobel, Carsten Snejbjerg, Svetlana Mojsov, Joel Habener, Lotte Bjerre Knudsen —, Lasker, Knudsen, Hassabis, John Jumper, Lester Cohen, David Pendlebury, Pendlebury, “ Nobel, David Baker, ”, Boris Roessler, We’re, Jeffrey Gordon, Robert J, Glaser, Louis, Gordon, Claire King, Barack Obama, Drew Angerer, Mary, King Organizations: CNN, Stockholm —, Human Genome Research, Nordisk, Bloomberg, Getty, Rockefeller University, Harvard Medical School, Novo Nordisk, Clarivate’s Institute for Scientific Information, Google, Institute for Protein, University of Washington School of Medicine, Washington University, of Locations: Swedish, United States, United Kingdom, France, Germany, Japan, China, Hillerød, Denmark, Los Angeles, St

☆ 'Rust' film starring Alec Baldwin to premiere next month at festival, 3 years after fatal set shooting
▼ + stars: | 2024-10-03 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +2 min

The film “Rust” will make its world premiere next month, three years after the set shooting that killed cinematographer Halyna Hutchins and blanketed the production in scandal and legal troubles. The Western drama starring and produced by Alec Baldwin will make its world premiere at the Camerimage Festival which takes place Nov. 16 to 23 in Toruń, Poland. Production was halted as Baldwin and the film’s armorer, Hannah Gutierrez-Reed, became the subject of legal action. Fred Hayes / Getty Images fileThe premiere will include a screening of the film followed by a panel discussion with Souza and other filmmakers involved. “In the panel, following the screening of Rust, the filmmakers will discuss events surrounding the film, offering insight into continuing production after Halyna’s death,” the release said.

Persons: Halyna Hutchins, Alec Baldwin, Baldwin, Hutchins, Joel Souza, Hannah Gutierrez, Reed, Fred Hayes, Souza, Rust, “, Gutierrez Organizations: ” Locations: Toruń, Poland, Mexico, Ukrainian, Park City , Utah

☆ Alec Baldwin’s ‘Rust’ to premiere at Polish film festival
▼ + stars: | 2024-10-03 | by ( Lisa Respers France | ) edition.cnn.com time to read: +2 min

CNN —The movie “Rust” will premiere at a film festival next month, three years after cinematographer Halyna Hutchins will killed in a shooting incident on the set of the western. “The filmmakers will discuss events surrounding the film, offering insight into continuing production after Halyna’s death. Hutchins, 42, was killed by a live round of ammunition fired from a prop gun held by actor and producer Alec Baldwin. As part of the settlement agreement, Hutchins’ husband, Matthew Hutchins, was set to be an executive producer on “Rust” when it resumed filming. “Halyna’s story will serve as a starting point for a conversation about the role of women in cinematography and their contributions to the art of filmmaking,” festival organizers said of the premiere event.

Persons: Halyna Hutchins, Joel Souza, Bianca Cline, Stephen Lighthill, Hutchins, ”, Alec Baldwin, Hannah Gutierrez Reed, armorer, “, he’s, Baldwin, Hutchins ’, Matthew Hutchins Organizations: CNN, Hollywood Reporter Locations: Poland, Wyoming

☆ Ina Garten gave up a job at the White House to become an entrepreneur — without business experience. Here's what the risky move taught her.
▼ + stars: | 2024-10-03 | by ( Anneta Konstantinides | ) www.businessinsider.com time to read: +9 min

Ina Garten gave up her White House job to buy a specialty food store called Barefoot Contessa. AdvertisementWhen Ina Garten gave up her job at the White House to buy a specialty food store in New York called Barefoot Contessa, she had never run a business. "I was too tired to go home, so I had cleared a space, wrapped myself in a sweater, and went to 'bed,'" Garten wrote. Related stories"I love when changing your behavior — in this case, how I dressed — changes everything without your saying a word," Garten wrote. Advertisement"Anna was important to me, so I didn't have a moment's hesitation in supporting her," Garten wrote.

Persons: Ina Garten, —, Garten, " Garten, Matthew Peyton, Joan Boyce, Instagram Garten, who'd, Contessa, Anna, Sybille van Kempen, Ina, Dean, DeLuca, Joel Dean, Robert Lachman, she'd, Barefoot Contessa, Jeffrey Organizations: Service, White, Food Network, George Washington University, Barefoot Contessa, Joan Boyce Jewelry, Contessa, Los Angeles Times, Barefoot, & $ Locations: New York, East Hampton , New York, Bridgehampton, East Hampton

☆ Alec Baldwin fired a gun on the set of 'Rust,' killing its cinematographer. Here's a timeline of the shocking incident.
▼ + stars: | 2024-10-03 | by ( Jason Guerrasio | Tom Murray | ) www.businessinsider.com time to read: +20 min

On October 21, 2021, Alec Baldwin fired a gun while rehearsing a scene for the movie "Rust" that killed cinematographer Halyna Hutchins and injured director Joel Souza. Prop masters union said the gun Baldwin fired contained live roundsAn email from the International Alliance of Theatrical Stage Employees Local 44 to its members revealed that the gun Baldwin fired had a live round, according to Indiewire. The email from the union also confirmed that the shot Baldwin fired hit both Hutchins and Souza. The Times also reported that a search warrant was issued of the "Rust" set and that a judge has ordered that all equipment be searched for evidence. AdvertisementPrevious reports from the "Rust" set say two accidental gun discharges happened the weekend before the fatal shooting of Hutchins.

Persons: Alec Baldwin, Halyna Hutchins, Joel Souza, Hannah Gutierrez, Reed, Baldwin, —, Hutchins, Souza, Christus St, Mark Sagliocco, KOAT, Instagram, halynahutchins Baldwin, Dave Halls, ANNE LEBRETON, Juan Rios, Rios, armorer Hannah Gutierrez, Ryan Kiera Armstrong, Nicolas Cage, Gutierrez, Reed's, armorer, Armstrong, Hollywood armorer Thell Reed, Mamie Mitchell, Mitchell, Jim Spellman, Halyna, Kevin Mohatt, Rust, Matt Hutchins, Joel, Alec, Jae C, Sam Wasson, Santa Fe Sheriff Adan Mendoza, Facebook Armorer Gutierrez, Hannah, Jason Bowles, Robert Gorence, Stu Brumbaugh, Serge Svetnoy, Facebook Hutchins, George Stephanopoulos, Stephanopoulos Organizations: Service, Santa Fe New, Los Angeles Times, University of New, University of New Mexico Hospital, Christus, Vincent Regional Medical Center, International Alliance, Construction, New, The New York Times, Associated Press, Times, Getty, New York Times, LA Times, Daily, Metro, Santa Fe Sheriff's, CNN, REUTERS, Albuquerque Civic, The New York, New York, American Film Institute, AP, Police, Office, Halls, The, ABC Locations: Poland, Western, EnergaCamerimage, Here's, Santa, Santa Fe, Santa Fe , New Mexico, University of New Mexico, New Mexico, AFP, Santa Fe County, Albuquerque , New Mexico, Albuquerque, Fe, Mexico

☆ Alec Baldwin's 'Rust' to debut at Camerimage Festival three years after on-set death
▼ + stars: | 2024-10-03 | by ( Kristian Burt | In | ) www.cnbc.com time to read: +2 min

Three years after the fatal shooting on the set of "Rust," the film is set to make its world premiere at the Camerimage Festival in Poland next month. During the production of the western film in October 2021, star Alec Baldwin fired a prop gun that killed cinematographer Halyna Hutchins. Since the shooting, the film and Baldwin have been ensnared in legal proceedings. The Camerimage festival in Toruń, Poland, is centered around the art of cinematography. "During the festival, we honored Halyna's memory with a moment of silence and a panel of cinematographers discussed safety on set.

Persons: Alec Baldwin, Baldwin, Halyna Hutchins, Prosecutors, Hannah Gutierrez, Reed, Gutierrez, Hutchins, Joel Souza, Marek Zydowicz Organizations: Prosecutors Locations: Santa Fe, New Mexico, Poland, Toruń, Camerimage

Beloved finger-wagging Hall of Fame center Dikembe Mutombo, one of basketball's most feared shot blockers, died of brain cancer, the NBA announced on Monday. Dikembe Mutombo playing for the Georgetown Hoyas in Landover, Md., on Jan. 1, 1991. The future Hall of Fame coach, who developed future NBA big man Patrick Ewing and had Alonzo Mourning on campus, convinced Mutombo to turn his attention to the hardwood. Mutombo parlayed his Georgetown play into becoming the fourth overall pick of the Denver Nuggets in the 1991 NBA Draft. "Other than what he has accomplished on the basketball court, I think he was even better off the court."

Persons: Mutombo, Dikembe, Mitchell Layton, Marie Mutombo, ”, Adam Silver, Silver, Mukamba Jean Jacques Wamutombo, John Thompson, Patrick Ewing, Alonzo Mourning, parlayed, Allen Iverson, Kobe Bryant, Shaquille O’Neal, Joel Embiid Organizations: of Fame, NBA, Georgetown Hoyas, Getty, Democratic, NBC News, Georgetown University, Georgetown, Denver Nuggets, Big East Conference, Philadelphia 76ers, Los Angeles Lakers, Kobe, 76ers Locations: Denver , Atlanta, Philadelphia , New Jersey , New York, Houston, Landover, Md, Democratic Republic of Congo, Kinshasa, Cameroon

☆ Dikembe Mutombo: Basketball Hall of Famer dies from brain cancer at 58
▼ + stars: | 2024-09-30 | by ( David Close | ) edition.cnn.com time to read: +5 min

CNN —Basketball Hall of Famer Dikembe Mutombo – known for his shot-blocking and famed finger wave after denying opponents at the hoop – died Monday from brain cancer aged 58, according to the NBA. Dikembe Mutombo wags his finger during a game in Atlanta in 1998. In 1997, Mutombo established the Dikembe Mutombo Foundation with a mission to improve education and quality of life in his native DRC. NBA Commissioner Adam Silver issued a statement, saying, “Dikembe Mutombo was simply larger than life. Dikembe Mutombo, playing for the Houston Rockets, blocks a shot during a game in East Rutherford, New Jersey, in 2004.

Persons: CNN — Basketball Hall of Famer Dikembe Mutombo, –, Dikembe Mutombo, Scott Cunningham, Mutombo, Adam Silver, “ Dikembe Mutombo, “, Dikembe’s, Rose, ”, Nathaniel S, Butler, Daryl Morey, ” Morey, Joel Embiid, He’s, Andy Scholes, ” Scholes, ‘ Andy Organizations: CNN — Basketball Hall of Famer, NBA, Naismith Basketball Hall of Fame, Democratic, Georgetown University, Denver Nuggets, Nuggets, Atlanta Hawks, Philadelphia 76ers, New Jersey Nets, New York Knicks, Houston Rockets, Global, Sixers, GM, 76ers, CNN, Rockets Locations: Democratic Republic of Congo, DRC, Atlanta, Democratic Republic of, Congo, Africa, East Rutherford , New Jersey, Houston

☆ JD Vance has broken through during the 2024 campaign in all the wrong ways
▼ + stars: | 2024-09-30 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +6 min

Sen. JD Vance is one of the least-liked major vice presidential candidates in recent memory. Tim Walz in the first and only vice presidential debate. He'll get that chance on Tuesday night when the Republican vice presidential nominee debates Gov. Vice presidential candidates are traditionally near after-thoughts in the presidential race. After being anointed former President Donald Trump's MAGA heir apparent during a triumphant convention, Vance has become the least popular vice presidential nominee in recent memory.

Persons: Sen, JD Vance, Vance, Tim Walz, It's, —, He'll, Mike Pence's, Vance hasn't, Donald Trump's MAGA, Sarah Palin, Trump, Joel Goldstein, Trump's Trump, Taylor Swift, hasn't, Harris, Debbie Walsh, Kamala Harris, Walz, Donald Trump, Goldstein, Bradley Tusk, FiveThirtyEight, Palin, hyperpartisanship, He's Organizations: Gov, Service, Republican, Democratic, Center for American Women, Business, Trump, CNBC, Saint Louis University law, Venture Partners, Convention Locations: Ohio, Philadelphia, Springfield , Ohio, Alaska

But after the chaos of the last few months, one thing is certain: “Saturday Night Live” will be on hand to skewer it all. “SNL” alum Maya Rudolph will reprise her Emmy-winning role as Vice President Kamala Harris. “SNL” cast member James Austin Johnson will once again don a red tie to play former President Donald Trump. Bush (“Thousand points of light”) to Tina Fey as GOP vice presidential contender Sarah Palin (“I can see Russia from my house!”) during the 2008 election. “You have three people who are not as well known — Harris, Walz, Vance — so I think the caricatures on the show will help define who they are in the public imagination,” said Jones, the media professor.

Persons: Maya Rudolph, Kamala Harris, “, James Austin Johnson, Donald Trump, Jean Smart, Roll, Chevy Chase, Gerald Ford, Dana Carvey, George H.W, George H.W . Bush, Tina Fey, Sarah Palin, ’, ”, Jeffrey P, Jones, Rudolph, nodded, Harris, “ I’m, I’m, I’ve, Trump, Lorne Michaels, Alec Baldwin, “ Trump, James, ” Michaels, Tim Walz, Republican Sen, JD Vance, Ohio, Haley Joel Osment, Vance, ABC’s “ Jimmy Kimmel, Walz, Steve Martin, Martin, Joe Biden, — Harris, Vance —, Jason Reitman, Michaels, I’ll, Punkie Johnson, Molly Kearney, Chloe Troast, Ashley Padilla, Emil Wakim, Jane Wickline, Nate Bargatze, Ariana Grande, Stevie Nicks, Michael Keaton, Billie Eilish, John Mulaney, Chappell Roan Organizations: White, SNL, “ SNL, AARP, NBC, NBCUniversal, University of Georgia, Republican, Trump, Hollywood, Democratic Gov, Los Angeles Times, “, Coldplay Locations: George H.W ., Russia, Minnesota

New focus groups of skeptical young men planning to vote in this fall’s most critical battleground states illustrate how, for these voters, it’s all about Donald Trump. Polling has shown a significant gender gap in the race, with Trump holding the upper hand among men and Harris with women. Donald Trump and Vice President Kamala Harris debate for the first time during the presidential election campaign on Sept. 10. All but two of the voters leaning toward Harris said abortion will be a big factor in their vote. Asked to describe their generation, many of these young men painted a negative picture.

Persons: Donald Trump, Kamala Harris, Harris, SurveyMonkey, — Trump, Tim Walz’s, “ Young, Harris leaners, Trump, ”, Rich Thau, William C, Whitney Saleski, Jake T, Noah H, John M, Andrew H, ” “ Kamala Harris, MAGA, ” John M, “, Drake, Eric R, ” Joel M, —, Joe Biden, Margaret Talev, she’s, Win McNamee, ” Bret A, Jill Stein, he’s, it’s, ” Andrew, Brandon S, You’ve, Derek H, hasn’t, we’re Organizations: Trump, NBC, Syracuse University, Republican Party, Protesters, Getty, Democratic, Social, Syracuse University’s Institute for Democracy, Journalism, Citizenship, Hamas, Green Party Locations: Sago, Pennsylvania , Michigan, Wisconsin, Morton , Pennsylvania, Dayton , Ohio, Pennsylvania, Philadelphia, Kewaskum , Wisconsin, Israel, United States, Eau Claire , Wisconsin, Washington, Gaza, Oregon, Kaukauna , Wisconsin

☆ From passion to profit: OpenAI's latest shakeup shows the AI race is about who has the deepest pockets
▼ + stars: | 2024-09-26 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Altman could reportedly receive a 7% equity stake, which would be worth about $10.5 billion at OpenAI's new valuation. In March, The New York Times reported Murati raised concerns about Altman's leadership style to the board before the ouster. Barret Zoph, the company's vice president of research, and Bob McGrew, OpenAI's chief research officer, are also departing the startup, Altman announced on X . "I obviously won't pretend it's natural for this one to be so abrupt, but we are not a normal company," Altman wrote.

Persons: —, Sam Altman, Altman, Mira Murati, Slack, Murati, Barret Zoph, Bob McGrew, Joel Saget, Jenny Chang, Rodriguez, Meta —, it's, Elon Musk's, OpenAI Organizations: Service, Business, Employees, The New York Times, Lakshmi, OpenAI's, Meta, Reuters, Anthropic Locations: OpenAI, Lakshmi Varanasi

☆ Mortgage refinance boom takes hold, as weekly demand surges 20%
▼ + stars: | 2024-09-25 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +2 min

A steady decline in mortgage rates to two-year lows has current homeowners rushing to take advantage of potential savings. Applications to refinance a home loan surged 20% last week compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index. "As a result of lower rates, week-over-week gains for both conventional and government refinance applications increased sharply." Mortgage applications to purchase a home rose just 1% for the week and were 2% higher than the same week one year ago. Mortgage rates haven't moved much to start this week, and will likely wait for more pressing economic data later this week and at the start of October.

Persons: Joel Kan, Kan Organizations: Mortgage Locations: San Rafael , California

☆ Joel Embiid signs 3-year, $192.9 million extension with Sixers, reports say
▼ + stars: | 2024-09-20 | by ( Noah Levick | Nbc Philadelphia | ) www.nbcnews.com time to read: +3 min

Superstar center Joel Embiid has signed a three-year, approximately $192.9 million extension with the team that runs through the 2028-29 season, ESPN’s Ramona Shelburne reported Friday morning. The seven-time All-Star is set to make approximately $51.4 million in the 2024-25 season and $55.2 million in 2025-26, according to Spotrac. The Sixers later officially announced that Embiid signed a “multi-year” extension. While he returned late in the regular season, Embiid had semi-regular injury scares and also dealt with Bell’s palsy during the playoffs. The Sixers will hope George can lessen the burden on Embiid and Maxey to create shots and summon late-game heroics.

Persons: Joel Embiid, Ramona Shelburne, Shams, Embiid, ” Embiid, they’ve, Josh Harris, David Blitzer, Nick Nurse, “, Paul George, Tyrese Maxey, George, Maxey, USA’s Organizations: Sixers, NBA, Spurs, Knicks, Paris Locations: Cameroon, Philadelphia, Bahamas

Kenneth Hauck wasn’t sure how he would vote when the race between former President Donald Trump and Vice President Kamala Harris was just a hypothetical scenario. Now it’s a reality, and Hauck still isn’t sure whom he will support — but he’s leaning toward Harris. Of the 21 previously undecided voters who recently spoke with NBC News, the largest group included nine voters like Hauck who said that they are still undecided but that they are concerned about Trump and are leaning toward picking Harris. Four more are definitely supporting Harris, while one is backing Trump, and three are leaning toward him. The voters, who come from different backgrounds and corners of the country, are bound by skepticism about politics and politicians.

Persons: Kenneth Hauck wasn’t, Donald Trump, Kamala Harris, Harris, “, ”, Hauck, Harris ’, Trump, I’m, Norna, Robert Marinoff, ” Marinoff, Lorenzo Alderiso, ” Alderiso, Alderiso, Elizabeth Solivan, ” Solivan, Joel B, ” Joel, Joe Biden, Julius, President Trump, ” Jenica, she’s, Christopher Richey, Richey, ” Ryan, Ryan, Biden, ” Maria Li Organizations: NBC, Trump, Democratic, NBC News, New, Heritage, ”, Democrat Locations: San Diego, Florida, Queens , New York, Bethlehem , New York, Springfield , Ohio, New Mexico, Ohio, Alabama, North Carolina, Texas, Romanian, Maryland, Philadelphia

☆ Joel Embiid and Philadelphia 76ers agree to contract extension worth nearly $193 million
▼ + stars: | 2024-09-20 | by ( Jamie Barton | ) edition.cnn.com time to read: +2 min

CNN —Joel Embiid and the Philadelphia 76ers have agreed to a three-year, $192.9 million maximum contract extension, a source familiar with the contract figures told CNN. Taking his total career earnings to $514.8 million, Embiid would become the fifth member of the NBA’s $500M club, joining LeBron James, Stephen Curry, Kevin Durant and 76ers teammate Paul George. I had no idea when I was drafted as a 20-year-old kid from Cameroon how lucky I was to be in Philadelphia,” Embiid said in a statement. We’re ecstatic that this extension keeps him and his family in Philadelphia for years to come,” 76ers managing partner Josh Harris said in a statement. During his career, Embiid has made the All-NBA Team five times, the All-Star team in each of the last seven years, and was NBA scoring champion in both 2021-22 and 2022-23.

Persons: CNN — Joel Embiid, LeBron James, Stephen Curry, Kevin Durant, Paul George, “, ” Embiid, they’ve, Josh, Harris, David, Blitzer, “ Joel, Josh Harris, Embiid, George, Tyrese Maxey Organizations: CNN, Philadelphia 76ers, NBA, ESPN, The, 76ers, Sixers, USA, ” 76ers, Team, Star Locations: City, Cameroon, Philadelphia

Mortgage rates came down again last week, and with the expectation that they could fall further, mortgage demand suddenly jumped, especially for refinancing. The Federal Reserve is expected to make its first interest rate cut in four years on Wednesday, and while mortgage rates don’t follow the Fed exactly, they are influenced by policy. “The most important takeaway is that lower mortgage rates are not only not remotely guaranteed by [the] Fed rate cut. “Application activity was up significantly last week, as market expectations of a rate cut from the Fed pulled mortgage rates lower,” said Joel Kan, an economist with the Mortgage Bankers Association. “Homebuyers are seeing improving affordability conditions, sparked by lower rates and slower home-price growth.”

Persons: Jerome Powell’s, They’re, ”, Matthew Graham, Joel Kan, ” Kan, “ Organizations: Federal, Mortgage News, Mortgage, Labor, Fed, Association

☆ The stock market got just what it wanted from the Fed
▼ + stars: | 2024-09-18 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

The Fed just issued its first interest rate cut in four years. AdvertisementStocks got a brief leg up to a new intraday record on Wednesday after the Federal Reserve issued its first rate cut since 2020. "The Fed has given the market what it was looking for with the bigger 50-basis point rate cut," Joel Kruger, market strategist at LMAX Group said in a statement. Here's where US indexes stood at the 4 p.m. closing bell on Wednesday:AdvertisementStocks have historically reacted well to Fed rate cuts. "All we needed today was for Powell to validate market expectations that the Fed is acknowledging the downside risks to the labor market and responding appropriately."

Persons: Stocks, —, Jerome Powell's, Joel Kruger, Morgan Stanley, Kruger, Tom Lee, Priya Misra, Powell, Jason Pride Organizations: Service, Federal Reserve, LMAX, JPMorgan Asset Management Locations: Glenmede

☆ Weekly mortgage demand surges 14% higher as interest rates hit two-year low
▼ + stars: | 2024-09-18 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +2 min

Mortgage rates came down again last week, and with the expectation that they could fall further, mortgage demand suddenly jumped, especially for refinancing. The Federal Reserve is expected to make its first interest rate cut in four years on Wednesday, and while mortgage rates don't follow the Fed exactly, they are influenced by policy. "The most important takeaway is that lower mortgage rates are not only not remotely guaranteed by [the] Fed rate cut. Even with this large jump in volume, it is coming off a very low base, as the vast majority of borrowers have loans with interest rates well below 5%. "Homebuyers are seeing improving affordability conditions, sparked by lower rates and slower home-price growth."

Persons: Jerome Powell's, They're, Matthew Graham, Joel Kan, Kan Organizations: Federal, Mortgage News, Mortgage, Labor, Fed, Association

☆ Harris victory seen as most likely election outcome, according to CNBC Fed Survey
▼ + stars: | 2024-09-17 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

For the first time in the 2024 election cycle, Vice President Kamala Harris is viewed as more likely than former President Donald Trump to win the U.S. presidential election, according to a CNBC Fed Survey released Tuesday. Among the group, 48% see a Harris victory as the most likely scenario, while 41% believe Trump will win. Fifty-six percent of respondents to the CNBC Fed Survey believe a Trump presidency would be better for the stock market than a Harris administration. The respondents also forecast that Harris' economic proposals would be better for budget deficits and trade policy. They gave higher marks to Trump for how his policy proposals would impact business regulation, inflation, jobs and taxes.

Persons: Kamala Harris, Donald Trump, Harris, Trump, Joe Biden, Biden, Joel Naroff Organizations: White House, U.S, CNBC Fed, Biden, CNBC Fed Survey, Trump, Naroff Locations: Washington, Bedminster , New Jersey, United States

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