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Persons: Taylor Swift, Taylor, would've, Johan Cruijff Arena, neve, I'm, Katherine Fan, Chase Travel ℠, Chase, redemptions Organizations: Business, Independence, Sheraton, Marriott, Amazon Prime, Visa, KLM, American, Marriott Gold, Google, Chase Sapphire, Chase Travel, Sapphire, TSA, FDIC Locations: Amsterdam, Texas, Europe, Netherlands, North America, U.S, Canada, Austin, Sheraton Amsterdam
On October 29, 2022, the Michigan State Spartans, a college football team, played a game against the University of Michigan. Only two weeks before the game, media applauded the Spartans for "finally showing resilience" and breaking a four-game losing streak. Soraya Chemaly is the author of "The Resilience Myth: New Thinking on Grit, Strength, and Growth After Trauma." Courtesy of Soraya ChemalyKnowing when to stop is a good thingChildren who want to stop a sport or "give up" a pursuit often feel like failures. Excerpted from The Resilience Myth: New Thinking on Grit, Strength, and Growth After Trauma by Soraya Chemaly.
Persons: , Soraya Chemaly, Angela Duckworth, Thelma Gibson Organizations: Service, Athletics, Sports, Business, Michigan State Spartans, University of Michigan, Spartans, Spartan, Michigan State, TED, Bahamian, Signal Publishers Locations: United States, Michigan
CNN —When two US avocado inspectors were assaulted and detained at a police roadblock in the Mexican state of Michoacán last month, it sparked a costly international crisis. ‘Green gold’Avocados, the creamy fruit with the industry nickname “green gold,” are big business. Nearly three-quarters of Mexican avocados come from Michoacán, a state along the country’s Pacific coast with a volcanic belt running through it that makes its soil ideal for farming. The office of the Michoacán state prosecutor told CNN last month that they’ve opened an investigation into the incident. In 2022, exports of Mexican avocados were similarly halted for several days after one of the US inspectors working in Michoacán received a threatening phone call.
Persons: Weeks, , Ario de, Cristopher Rogel, ” Romain Le Cour, Alfredo Ramírez Bedolla, Mexico Ken Salazar, they’ve, , Le Cour, Michoacán, Andres Manuel Lopez Obrador, Victor Villalobos, Ken Melban, Brian, Melban, Brad Adams, ” Adams Organizations: CNN, US, US Department of Agriculture, Global, Transnational, Local, USDA, Plant Health, Service, Agriculture, , US State Department, AP, Climate Rights, US Forest Service Locations: Mexican, Michoacán, Mexico, Ario, Ario de Rosales, avocados, California, Michoacan
For decades, one industry has sustained the small, remote Colombian village of Caño Cabra: cocaine. Later, they mix the leaves with gasoline and other chemicals to make chalky white bricks of coca paste. But two years ago, the villagers said, something alarming happened: The drug traffickers who buy the coca paste and turn it into cocaine stopped showing up. The same pattern was repeated again and again in communities across the country where coca is the only source of income. Colombia, the global nexus of the cocaine industry, where Pablo Escobar became the world’s best known criminal, and which still produces more of the drug than any other nation, is facing tectonic shifts as a result of domestic and global forces that are reshaping the drug industry.
Persons: Pablo Escobar Organizations: Food Locations: Colombian, Caño, Colombia
The mood was cautiously optimistic and the message was simple: Drug decriminalization saves lives. People who used or carried small quantities of illegal drugs in plain sight would no longer face arrest in British Columbia, the nexus of Canada’s opioid crisis, officials announced two years ago. So bold was the experiment, even in a province known for pioneering addiction policies, that its public health officer said she was in disbelief the day had actually come. But decriminalization, a policy introduced as a way of alleviating the opioid crisis, has instead been blamed for deepening it. “Our goal was to save lives,” British Columbia’s premier, David Eby, said at a recent news conference.
Persons: , David Eby, Locations: British Columbia, British
The first round of a snap parliamentary election in France points to a surge in votes for the anti-immigrant National Rally party, with President Emmanuel Macron's centrist alliance coming into third place. Early polling data from national broadcaster France 2 indicates that National Rally (RN) won 34% of the vote while the leftist New Popular Front (NFP) alliance got 28.1%. If no candidate meets that standard, a second round of voting is held, listing the top two candidates and any other candidates who secured more than 12.5% of registered voters' support. The second round of voting on July 7 is the one to watch, according to Antonio Barroso, deputy director of Research at Teneo. As such, National Rally is widely expected to significantly increase the number of seats it has in France's 577-seat parliament, the National Assembly, from the current level of 89.
Persons: Emmanuel Macron, Emmanuel Macron's, Antonio Barroso Organizations: Nexus Institute, National Rally, France, New Popular Front, Research, NFP, National Assembly Locations: The Hague, Netherlands, France, Teneo
Vandalized posters with images of local candidates for the European Parliament election mixed with those from the first round of the 2024 French legislative elections, seen on June 24 2024, in Val d Arry, Calvados. France will hold an early legislative election in two rounds on June 30 and July 7 2024, following President Emmanuel Macrons decision which was triggered by his party's heavy defeat to the far-right National Rally in the 2024 European Parliament election. Nurphoto | Nurphoto | Getty ImagesFrench voters are heading to the polls on Sunday for the first round of voting in a snap parliamentary election that could see the far-right National Rally group become the biggest party in France's National Assembly, polls suggest. Calling the snap election, which will involve two rounds of polling on Sunday and on July 7, Macron said the vote would provide "clarification" and that "France needs a clear majority to act in serenity and harmony." French President Emmanuel Macron waits for guest arrivals for a conference in support of Ukraine with European leaders and government representatives on February 26, 2024 in Paris, France.
Persons: Emmanuel Macrons, Emmanuel Macron, Jordan Bardella, Macron, Le Pen, Jordan Bardella —, Pen, Peter Garnry, Giorgia Meloni, George Dyson, Dyson, Ludovic Marin Organizations: Nurphoto, Getty, National Assembly, National, Analysts, Chesnot, New Popular, National Rally, Le, Palais des Sports, Saxo Bank, Risks, Republicans, Renaissance, Nexus Institute, AFP Locations: Val d, Calvados, France, Ukraine, Paris, Germany, The Hague, Netherlands
But media companies such as Netflix, Disney and Warner Bros. Those competing truths have led media and entertainment companies to concoct a wide array of strategies to combat the growing threat. John Lamparski | Getty ImagesEarlier this year, YouTube Chief Executive Officer Neal Mohan announced that users watch more than 1 billion hours of YouTube content on TV screens each day. Disney has made bespoke YouTube content for its new preschool series "Disney Junior's Ariel," which debuts June 27, to introduce the mermaid character to kids. That's YouTube 2.0."
Persons: Rich Greenfield, it's, Tara Walpert Levy, Nielsen, John Lamparski, Neal Mohan, Michael Nathanson, Kevin Mayer, Disney, Brittany Broski, LightShed's Greenfield, isn't, John Keeble, Mayer, That's, Ariel, Winnie, " Mayer, NBCUniversal, NBCUniversal's, Nathanson, MrBeast, Jimmy Donaldson, Monica Schipper, we've, Broski, David Livingston, incentivizes, Michelle Khare, Gilbert Flores Organizations: Alphabet's YouTube, Hollywood, YouTube, it's, Netflix, Disney, Warner Bros, Getty, Google, Comcast, Media, ExCel, Entertainment, Bloomberg, Amazon, Nickelodeon, HBO, Penske Media Locations: U.S, , York, Hollywood, London, That's, Los Angeles, Brittany, Anaheim , California, AdSense
An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City on Dec. 11, 2023. Eli Lilly on Friday said it is investing another $5.3 billion in a manufacturing plant in Lebanon, Indiana, to boost supply of its highly popular weight loss drug Zepbound, diabetes treatment Mounjaro and other medicines. That makes it Eli Lilly's largest manufacturing investment in its nearly 150-year history, the company's CEO David Ricks said in a statement. Eli Lilly expects the Lebanon site to start making medicines toward the end of 2026, and scale up operations through 2028. The plant will specifically increase Eli Lilly's capacity to manufacture the active ingredient in Zepbound and Mounjaro, called tirzepatide.
Persons: Eli Lilly’s, Eli Lilly, Eli Lilly's, David Ricks, Ricks, Anat Ashkenazi, Ashkenazi Organizations: Nexus Pharmaceuticals, Investors Locations: New York City, Lebanon , Indiana, U.S, Lebanon, Indiana, Europe, North Carolina, Ireland, Germany
Read previewFor decades, Detroit was an international symbol of urban decay: abandoned neighborhoods, decrepit former factories, and a population exodus. From July 2022 to July 2023, the US Census Bureau says Detroit's population grew by close to 2,000 residents, bumping the city's population to 633,218. AdvertisementWith Detroit's latest population numbers, the city also jumped from the 29th-largest to the 26th-largest city in the United States, overtaking Memphis, Louisville, and Portland. Detroit's numbers are still far from 1950, when the city's population peaked at about 1.85 million. Back then, it was the fifth-largest city in the United States, behind only New York, Chicago, Philadelphia, and Los Angeles.
Persons: , There's, it's, Mike Duggan, Duggan Organizations: Service, Detroit, Business, Bureau, Memphis, Sun Belt, Associated Press Locations: Detroit, United States, Louisville, Portland, New York, Chicago, Philadelphia, Los Angeles . Detroit, Michigan's
A highly popular group of weight loss and diabetes drugs is still hard to find in the U.S. The dominant manufacturers of those treatments, Eli Lilly and Novo Nordisk , are making progress toward changing that. Patients using current autoinjectors for weight loss and diabetes drugs go through four different pens per month. Eli Lilly expects supply for Zepbound, Mounjaro and other incretin drugs to remain "quite tight" in the near- to mid-term as demand remains high, Ashkenazi said. On the day Eli Lilly reported earnings, shares of the company jumped more than 5% on the raised guidance and supply updates.
Persons: Eli Lilly, Anat Ashkenazi, There's, Ashkenazi, David Ricks, , Lilly, Chris Schott Organizations: U.S, Novo Nordisk, Nexus Pharmaceuticals, JPMorgan Locations: North Carolina, Indiana, Ireland, Germany, Europe, U.S
Los Angeles' downtown has become a hot spot for residential growth in the city. Downtown LA is expected to be a major draw for residential living over the next few decades. AdvertisementFor generations, downtown Los Angeles was the region's nexus of commerce, as vast office spaces and old-line department stores made the neighborhood a business powerhouse. But urban decay and suburbanization, which accelerated after World War II, made downtown into more of a 9-to-5 office hub. This story is available exclusively to Business Insider subscribers.
Persons: Organizations: Service, Business Locations: Los Angeles, languish, Downtown
Eli Lilly 's raised guidance stole the show Tuesday, offsetting mixed first-quarter results and propelling shares higher by nearly 6%. Eli Lilly Why we own it: Eli Lilly's best-in-class drugs should enable growth above the industry average for many years to come. At their highs of the morning, shares of Eli Lilly traded above their all-time closing high of $792.28 set on March 4. In general, the more-bullish financial outlook helps make Eli Lilly's high price-to-earnings ratio coming into earnings more tolerable for investors. An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City, U.S., December 11, 2023.
Persons: Eli Lilly, Eli Lilly's, Lilly, Jim Cramer, Lilly's, Jim, Anat Ashkenazi, Zepbound, It's, Ashkenazi, Dave Ricks, donanemab, Jim Cramer's, Eli Lilly’s, Brendan McDermid Organizations: Revenue, LSEG, Novo Nordisk, Biogen, Merck, Pfizer, U.S, Drug Administration, Nexus Pharmaceuticals, CNBC, FDA Locations: Eisai, Zepbound, Trulicity, Wisconsin, New York City, U.S
Within days, millions of TikTok videos using music from Universal artists went mute, and since then guessing which side would blink first has become a media-business parlor game. Backing this up, one study found that TikTok users reported experiencing higher levels of flow than Instagram users. Corey Basch, who analyzed 100 popular TikTok videos with the hashtag mentalhealth for a 2022 study, emerged concerned about the looping effect of the algorithm. Cerave Sales increased by more than 60 percent in 2020 after skin care became a lockdown pastime and TikTok users discovered the drugstore mainstay. Cat Crack Catnip It briefly sold out in 2021 after TikTok users posted videos of their cats going crazy for it.
Persons: randos, TikTok, you’ve, Sydney Sweeney, Glen Powell, , “ Wonka, Barbie, “ Oppenheimer, , goofing, cavorting, Sue Fleishman, Z’s Walter Cronkite, Spehar, Donald J, Trump, he’s, Caitlin Clark’s, Joe Biden, Justin Bieber, Abbie Richards, Richards, Britney Spears, Taylor Swift, Olivia Rodrigo, Lil Nas X, Fleetwood Mac, Rodrigo, Billie Eilish, Drake, Swift, ByteDance, can’t, Mark Warner, hasn’t, Al, ear on, Li Organizations: Fleetwood Mac, Facebook, Sony, Universal, Warner Bros, White, Pew Research Center, YouTube, The New York Times, Kansas City Chiefs, Media, Colgate, Universal Music Group, ByteDance, Intelligence Committee, e Locations: United States, Beijing, Biden’s, TikTok, Singapore, View, Calif, China, American
Private equity finds its next bet: college admissions
  + stars: | 2024-04-17 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +10 min
Now, private equity firms are swooping in to help while taking majority stakes in exchange. Last week, the company announced that it would partner with California-based private equity firm Nexus Capital Management and move its test into a for-profit company. A company owned by private equity can obfuscate what the company actually does to the public and potentially to regulators. Private equity firms “come into industries that are already suffering from a lack of funding,” said Creeks. They’ve had a lack of funding and support and so sometimes private equity is the only viable option.
Persons: New York CNN — It’s, Janet Godwin, , ” Goodwin, , we’ve, Charlie Eaton, Goodwin, Critics, Constantine Yannelis, Rebecca Winthrop, They’ve, ” Powell, Jerome Powell, Powell, Bryan Mena, Chris Isidore, United, Max Organizations: CNN Business, Bell, New York CNN, ACT Inc, U.S ., ACT, Nexus Capital Management, , CNN, Nexus, Higher, University of California, ” Nonprofit, Nexus Capital, Savvas Learning Company, Private Equity, Project, University of Chicago Booth School of Business, Center for Universal Education, Brookings Institution, P Global Market Intelligence, College Board, Veritas Capital, , Bank of Canada, Wilson, Fed, United, United Airlines, Boeing, Alaska Airlines, Federal Aviation Administration Locations: New York, Iowa, California, Merced, Canada
When our Great Americans go, we know how to mourn them. But there’s a Great American subset — where the adventure rocks the infrastructure and the life leaves a gash. In some other realm, the football career and its showbiz afterlife, pitching rental cars and enlivening spoofery, would have warranted the plain-old Great American treatment. Are we still in Great American territory? In a place some call “La La Land,” no less.
Persons: Simpson, What’d, spoofery, O.J, Folks, LeVar Burton, Nicole Brown Simpson, Ronald Goldman, beckoning, Organizations: Great Locations: O.J, Africa, La
A new investigation has linked a shadowy Russian unit to instances of 'Havana Syndrome.' Carrie's account of "Havana Syndrome" was reported in an investigation jointly published by 60 Minutes, German outlet Der Spiegel, and investigative outlet The Insider. The outlets link Unit 29155, a shadowy Russian assassination unit, to multiple incidences of the syndrome, which is formally known to the US government by the term "anomalous health incidents," or AHIs. The Insider traced the movements of several Unit 29155 operatives around the time of several instances of alleged Havana Syndrome. AdvertisementHowever, in 2021 unnamed US officials told Politico that the GRU was at least suspected in ongoing investigations into the syndrome.
Persons: Der Spiegel, , Carrie, she's, Greg Edgreen, Joy, Albert Averyanov, Marc Polymeropoulos, Insider's Aylin Woodward, It's, Walter Reed Organizations: Service, FBI, Der, CIA, Defense Intelligence Agency, The, National Intelligence, US, Politico Locations: Havana, Russian, Florida, Cuba, China, Russia, Tbilisi , Georgia, Moscow
Most members of the band subscribed to a live-fast-die-young lifestyle. Now, decades after Dr. Longo dropped his grunge-era band, DOT, for a career in biochemistry, the Italian professor stands with his floppy rocker hair and lab coat at the nexus of Italy’s eating and aging obsessions. “For studying aging, Italy is just incredible,” said Dr. Longo, a youthful 56, at the lab he runs at a cancer institute in Milan, where he will speak at an aging conference later this month. Italy has one of the world’s oldest populations, including multiple pockets of centenarians who tantalize researchers searching for the fountain of youth. “It’s nirvana.”Dr. Longo, who is also a professor of gerontology and director of the U.S.C.
Persons: Valter Longo, Longo, , Dr Organizations: West Coast, gerontology, Longevity Locations: Italian, Italy, Milan, California
BeeBright | Getty ImagesLONDON — The U.S. and U.K. on Monday accused hackers linked to the Chinese state of being behind "malicious" cyber campaigns targeting political figures, in moves expected to stoke tensions with Beijing. The British government also alleged that China-affiliated hackers were behind an attack that saw the data of millions of voters accessed. "I can confirm today that Chinese state-affiliated actors were responsible for two malicious cyber campaigns targeting our democratic institutions and parliamentarians," British Deputy Prime Minister Oliver Dowden said in a speech to Parliament on Monday. "We want now to be as open as possible with the House and the British public," Dowden said. U.S. hits out at ChinaSeparately, the U.S. Justice Department unsealed an indictment Monday accusing Chinese state-linked hackers of being behind cyber campaigns targeting U.S. businesses, government officials and politicians.
Persons: Oliver Dowden, Dowden, Ni Gaobin, Weng Ming, Cheng Feng, Peng Yaowen, Xiong Wang, Zhao Guangzong, Merrick B, Garland Organizations: Getty, stoke, Electoral, Electoral Commission, Embassy, Google, APT31, U.S . Justice Department, DOJ Locations: U.S, Beijing, China, Britain, APT31 ., United States
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAn Austrian bank's plan to repatriate $1.6 billion in assets still stuck in Russia is facing US pushback, on concern that the deal would breach Western sanctions. The Raiffeisen Bank International remains the biggest foreign-owned lender remaining in the country, as efforts to sell or spin off its Russian unit have struggled since Moscow's tightened exit requirements on foreign firms. That's as Deripaska is sanctioned for potential links to the Kremlin, making the transaction a possible breach of Western restrictions. Aside from Raiffeisen, the US has been stepping up pressure on foreign banks that continue to facilitate transactions with Russia.
Persons: , Oleg Deripaska, Raiffeisen, that's Organizations: Service, Raiffeisen Bank, Business, Reuters Locations: Austrian, Russia, Russian, Vienna, Washington, Austria, Saudi Arabia, Turkey
With no major GOP opponents, ex-President Donald Trump easily won the Georgia primary on Tuesday. But Nikki Haley still won roughly 20,000 Election Day votes despite her exit from the WH race. Statewide, Haley won about 78,000 votes in the GOP primary. And roughly 20,000 of those votes were cast on Election day, according to The Atlanta Journal-Constitution. AdvertisementThe ghost of the 2020 election still lingersIn the 2020 election, Biden won Georgia by a 0.23% margin, or roughly 12,000 votes out of roughly 5 million ballots cast.
Persons: Donald Trump, Nikki Haley, , Donald Trump romped, Trump, Haley, Joe Biden, Raphael Warnock, Jon Ossoff, Warnock, Republican Herschel Walker, Brian Kemp's, Stacey Abrams, Kemp, Brian Kemp, Georgia, Brynn Anderson, Fulton, Biden, Cobb, Brad Raffensperger, Trump's, Raffensperger Organizations: GOP, Georgia, WH, Service, Georgia Republican, South Carolina Gov, Trump, Super, The Atlanta, UN, Georgia Republicans, Republican, Independents, Gov, AP, Peach State Republicans, Biden, Georgia . College Locations: Atlanta, Georgia, Cobb , DeKalb, Fulton, Gwinnett, Atlanta ,, , DeKalb, Cobb, Fulton County, Trump
If Sam Altman is to achieve his dream of artificial general intelligence in his lifetime, that number will need to double or triple every year for the foreseeable future. These wide-ranging plans for global transformation go far beyond Altman's role as the CEO of generative AI behemoth OpenAI, developer of ChatGPT. EnergyThe first pillar of Altman's grand unified theory of the future rests on energy. Headlining the event was company chairman and investor Sam Altman, who appeared via video call projected on a towered cineplex. And Altman's AGI empire extends beyond just the energy and raw material required to build AGI.
Persons: Sam Altman, he's, Altman, it's, Max, Jack, Sam himself, Sam, David Kirtley, Helion, He's, Joe Betts Lacroix, Lacroix, where's, Joe Biden, Tade Oyerinde, Oyerinde, Ali Ghodsi, Ghodsi Organizations: Nvidia, Business, Elon, Altman, OpenAI, Energy, Bloomberg, Concorde, Wall Street, Retro Biosciences, Capitol, PAC Locations: Silicon Valley, OpenAI, Davos, New York, Redmond , Washington, Washington
He said with the widespread arrival of generative AI, concerns about physical attacks being the next phase of cybercrime have grown. He added that the technology, now boosted by AI, exists to wreak havoc on physical systems. Attacks on physical infrastructure would be tantamount to war, and so far, that is something nation-states have avoided. Experts, though, vary on the threat level from cyber-physical attacks and how much AI is raising it. But while she views the threat of AI-assisted cyber-physical attacks as growing, she said AI also assists the good guys.
Persons: Stuart Madnick, Christopher Wray, , Madnick, don't, Tim Chase, CISO, Chase, Sivan Tehila, Tehila, Michael Kenney, Matthew B Organizations: Cybersecurity, MIT Sloan, FBI, Congress, Katz School of Science and Health, Yeshiva University, Israel Defense Forces, . University of Pittsburgh, Ridgway Center for International Security Locations: United States
CNN —Google is set to open its New York headquarters in a repurposed 1930s railway terminus near Hudson Square on Monday — and the tech giant says the project was designed with nature in mind. Once at the end of the railway now forming New York’s High Line, St. John’s Terminal served as a freight facility and office space. Mark Wickens/Courtesy GoogleGoogle began leasing the St. John’s Terminal site in 2019, and bought it outright in 2022 for $2.1 billion. Mark Wickens/Courtesy GoogleThe building can accommodate around 3,000 workers and is organized into 60 “neighborhoods” for teams of around 20 to 50 people. Google’s parent company, Alphabet, also slashed around 12,000 jobs — then around 6% of its workforce — at the beginning of 2023.
Persons: it’s, , Sean Downey, Mark Wickens, Rick Cook, Google, that’s, Downey, we’ve, Jennifer Kelly, Organizations: CNN, Google, New York State, Americas, Global Business, CookFox Architects, John’s, Google Google, Google’s Global Business Organization Locations: New York, Hudson, SoHo, Tribeca, St, Coney, Hurricane, Dublin, Playa Vista, New York City, Chelsea, John’s, California, America,
Killed in the Kansas City shooting was radio DJ Lisa Lopez-Galvan, her employer KKFI 90.1 FM said. “You know it happens, but you never expect it to happen to you.”Where the investigation standsCleanup underway at Union Station in Kansas City, Missouri, on Thursday. The boy, who suffered a bullet graze to the leg, tracked down a Kansas City police officer. People hold candles during a vigil in Kansas City on Thursday. Kansas City Chiefs offensive lineman Trey Smith said he took cover in a closet with others at the event when he heard the gunfire, pulling a child to safety with him.
Persons: , Stacey Graves, ” Graves, Mercy Children’s, Lisa Lopez, Galvan, Lopez, Beto Lopez, CNN’s Anderson Cooper, Graves, Jacob Gooch, CNN’s Erin Burnett, Gooch, he’d, , , ” Gooch, Emmalee Reed, Alayna Gonzalez, ” Gonzalez, it’s, Cash Adams, Chris Jones, I’d, ” Cash, Cash, Samuel Arellano, KSHB, ” Samuel, Trey Smith, , ’ ” Smith, Smith, , L’Jarius Sneed, ESPN’s Hannah Storm, Everything’s Organizations: CNN —, Kansas City Chiefs, Chiefs, CNN, Denver, NBA’s Nuggets, Kansas City, CNN Police, Alcohol, Tobacco, Firearms, Explosives, KMBC, CNN NFL, NFL, ABC, Wrestling Entertainment, ’ ” Kansas City Chiefs, ESPN Locations: Kansas City , Missouri, Mercy, Kansas City, United States, Kansas, , ’ ”
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