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☆ Inside the actors' strike: Why Netflix, Max, and Paramount+ series stars are bringing their 'war' over pay and AI to Hollywood companies that are 'trying to kill our industry'
▼ + stars: | 2023-07-18 | by ( Reed Alexander | ) www.businessinsider.com time to read: +12 min

With both writers and actors on strike, Hollywood hasn't faced this situation in more than 60 years. SAG-AFTRA union members on Friday hit the picket lines alongside Hollywood writers, who've been striking for nearly three months. Any other use requires the background actor's consent and bargaining for the use, subject to a minimum payment," the spokesperson said in a statement. Union members were quick to decry his remarks as incendiary and out of touch. The 25-year-old has been there since May, when the writers' strike all but paralyzed production in Los Angeles and New York this spring.

Persons: Hollywood hasn't, Laci Mosley, Mosley, Mosley —, Lopez, —, Conan O'Brien's, Coco —, Fran Drescher, Drescher, We've, who've, CHRIS DELMAS, We're, they're, Rather, AFTRA, Duncan Crabtree, Sam Russell, Russell, Oppenheimer, Christopher Nolan, Matt Damon, Emily Blunt, Rami Malek, we've, AFTRA who's, Bobby Quillard, Bob Iger, Iger, Bob — they're, Iger's, Jonathan Handel, Puck, you've, Carson Rowland —, it's, Rowland, Carson Rowland, Maria, Rodin, WireImage Rowland, he's, Reed Alexander Organizations: SAG, Hollywood, Paramount, Sirius XM, Writers Guild of America, Alliance, Television Producers, WGA, Getty, Disney, CNBC, Union, Atlas Financial Advisors, Television Locations: Los Angeles, Los Angeles and New York, Sun Valley , Idaho, South Florida, Boca Raton, LA

☆ Actors on strike over pay and the threat of AI are ready for 'war' and vowing to outlast Hollywood execs in 'ivory towers': 'They've already been starving us'
▼ + stars: | 2023-07-15 | by ( Reed Alexander | ) www.businessinsider.com time to read: +11 min

Persons: Hollywood hasn't, Laci Mosley, Mosley, Mosley —, Lopez, —, Conan O'Brien's, Coco —, Fran Drescher, Drescher, We've, who've, CHRIS DELMAS, We're, they're, Rather, AFTRA, Duncan Crabtree, Sam Russell, Russell, Oppenheimer, Christopher Nolan, Matt Damon, Emily Blunt, Rami Malek, we've, AFTRA who's, Bobby Quillard, Bob Iger, Iger, Bob — they're, Iger's, Jonathan Handel, Puck, you've, Carson Rowland —, it's, Rowland, Carson Rowland, Maria, Rodin, WireImage Rowland, he's, Reed Alexander Organizations: SAG, Hollywood, Paramount, Sirius XM, Writers Guild of America, Alliance, Television Producers, WGA, Getty, AMPTP, Disney, CNBC, Union, Netflix, Atlas Financial Advisors Locations: Los Angeles, Los Angeles and New York, Sun Valley , Idaho, South Florida, Boca Raton, LA

☆ World's youngest self-made billionaire: Success comes from taking these 2 common traits 'to the extreme'
▼ + stars: | 2023-06-23 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

It may be hard to believe that Austin Russell, the world's youngest self-made billionaire, has anything in common with others his age — but he insists that he does. The company, which Russell founded 11 years ago as a teenager, develops hardware and software meant to power self-driving cars. But rather than focusing on technological expertise or business acumen, Russell credits his journey so far to two traits common among younger generations: energy and passion. "People in their 20s have a lot of great energy," Russell tells CNBC Make It. Building such a company takes more than just passion and energy, Russell admits.

Persons: Austin Russell, Russell, Thiel, Gen Xers, they're, Forbes, —, Warren Buffett Organizations: Technologies, Thiel Fellowship, Stanford University, CNBC, Benz, Volvo Locations: Orlando , Florida, Luminar

☆ Buzz and smiles growing after Mercedes tops Canada practice
▼ + stars: | 2023-06-17 | by ( Steve Keating | ) www.reuters.com time to read: +3 min

"The car didn't feel bad but I think we've definitely got some work to do," said Hamilton. "We've just got to improve our ride control and a bit of the balance through corners and I think we'll be alright. The upgrades in Monaco and Barcelona led to a double podium at the Spanish Grand Prix with Hamilton finishing second and Russell third behind race winner Verstappen. Even Allison could not bring himself to make any predictions beyond things finally are all pointing in the right direction. "Probably a little bit too soon to say that summer has arrived with that one swallow – but hopefully, we’ve turned a bit of a corner.

Persons: Gilles Villeneuve, Mercedes, Lewis Hamilton, Chris Helgren MONTREAL, Circuit Gilles Villeneuve, George Russell, Red, Max Verstappen, Sergio Perez, Hamilton, We've, Russell, James Allison, Allison, Bull, Verstappen, we’ve, Steve Keating, Grant McCool Organizations: Prix, Mercedes, Circuit, Spanish, Hamilton, Thomson Locations: Montreal, Canada, Hamilton, Monaco, Barcelona

☆ Finals MVP Jokic gives Serbia another sports hero to celebrate
▼ + stars: | 2023-06-13 | by ( ) www.reuters.com time to read: +2 min

[1/5] Jun 12, 2023; Denver, Colorado, USA; The Denver Nuggets celebrate after center Nikola Jokic (15) was awarded the Bill Russell NBA Finals MVP Award after winning the 2023 NBA Finals against the Miami Heat at Ball Arena. Mandatory Credit: Kyle Terada-USA TODAY SportsJune 13 (Reuters) - A day after Novak Djokovic won his 23rd Grand Slam title at the French Open, Serbia had another sporting hero to celebrate on Monday when Nikola Jokic was named Most Valuable Player of the NBA Finals after leading the Denver Nuggets to a first championship. "It's got to be," smiled Jokic, when asked if this was the golden era for Serbian athletes. Jokic was the clear choice to win the Bill Russell Trophy as the NBA Finals MVP after the Serbian big man averaged 30.2 points, 14.0 rebounds and 7.2 assists. The 41st pick in the 2014 NBA draft, Jokic becomes the lowest-drafted player in NBA history to be named Finals MVP and the first player drafted outside of the top 15 to win the award.

Persons: Nikola Jokic, Russell, Kyle Terada, Novak Djokovic, Jokic, It's, Djokovic, Roland Garros, Casper Ruud, Bill Russell, Stan Kroenke, Larry O'Brien, I've, Steve Keating, Peter Rutherford Organizations: The Denver Nuggets, Miami Heat, Ball, NBA, Denver Nuggets, Nuggets, Serbian, Thomson Locations: Denver , Colorado, USA, Serbia, Serbian, Toronto

☆ Italians are furious over soaring pasta prices and some are threatening a macaroni strike
▼ + stars: | 2023-06-12 | by ( Associated Press | ) www.businessinsider.com time to read: +7 min

Grocery prices in Europe have been on the rise. Britain — where food inflation has reached 45-year highs — is discussing a similar move. In comparison, U.S. food prices rose 7.7% in April from a year earlier, 8.2% in Japan and 9.1% in Canada. Such controls could actually make food inflation worse by increasing demand from shoppers but discouraging new supply, he said. "The current food price shock does not warrant such intervention," Shearing said.

Persons: —, Furio Truzzi, Borey, Helen Barnard, Anna Sjovorr, hasn't, that's, Neil Shearing, Shearing, SWG pollsters, Carlo Compellini, Marie Antoinette, Roberto Dipiazza Organizations: Service, Shoppers, European Union, Trussell, European Central Bank, U.S . Federal, Capital Economics Locations: Europe, Rome, U.S, Japan, Ukraine, Paris, Britain, Hungary, Croatia, Spain, United Kingdom, London, Canada, Trieste, Italian

☆ CNBC Daily Open: A Goldilocks jobs market?
▼ + stars: | 2023-06-05 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. And yes, the astounding number of new jobs added in May suggests that the labor market is still robust, which might add to inflationary pressures. Average hourly earnings were 10 basis points lower than forecast on an annual basis — but still higher than the historical average. That impressive showing doesn't bring the Russell to par with the S&P's gain year to date, but in the past week, the Russell rose 3.3% while the S&P added 1.8%.

Persons: Biden, that's, Terry Sandven, CNBC's Ari Levy, Russell, it's Organizations: CNBC, Federal Reserve, U.S, Bank Wealth Management, Markets, Dow Jones, Nasdaq Locations: U.S

☆ CNBC Daily Open: The Goldilocks effect
▼ + stars: | 2023-06-05 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Average hourly earnings were 10 basis points lower than forecast on an annual basis — but still higher than the historical average. "The so-called Goldilocks has entered the house," Terry Sandven, chief equity strategist at U.S. Bank Wealth Management, said. That impressive showing doesn't bring the Russell to par with the S&P's gain year to date, but in the past week, the Russell rose 3.3% while the S&P added 1.8%.

Persons: Joe Biden, Biden, that's, Terry Sandven, CNBC's Ari Levy, Russell, it's Organizations: White, CNBC, Federal Reserve, U.S, Bank Wealth Management, Markets, Dow Jones, Nasdaq Locations: Washington , DC, U.S

☆ Lewis Hamilton lauds ‘amazing result’ for Mercedes with first double podium of the year, as Max Verstappen wins the Spanish Grand Prix
▼ + stars: | 2023-06-04 | by ( Issy Ronald | ) edition.cnn.com time to read: +2 min

CNN —Mercedes secured its first double podium of the year as Lewis Hamilton finished second and George Russell third at the Spanish Grand Prix, another race once again won by a dominant Max Verstappen. “What a result for our team,” Hamilton told Sky Sports afterwards. “A sign of things to come hopefully,” Russell told Sky Sports afterwards. Really pleased to be on the podium.”Russell and Hamilton finished on the podium behind Verstappen. While Red Bull has exerted its dominance since, Hamilton finished sixth in the drivers’ championship last year and Russell finished fourth.

Persons: CNN — Mercedes, Lewis Hamilton, George Russell, Max Verstappen, ” Hamilton, “, Ferrari’s Carlos Sainz, Russell, Sergio Perez, ” Russell, we’re, Hamilton, Verstappen, Hasan Bratic, Red Bull, Mercedes, Aston Martin, Ferrari, ” Mercedes ’, Toto Wolff, Bull, ” Organizations: CNN, Spanish, Sky Sports, Bulls, Prix, Aston, Ferrari, Getty Locations: Red, Abu Dhabi, British

☆ Britain is getting so desperate to tame inflation it’s talking about food price caps
▼ + stars: | 2023-05-30 | by ( Hanna Ziady | ) edition.cnn.com time to read: +6 min

Food inflation dipped slightly to 15.4% in May, but that’s still the second-highest rate on record. But chocolate and coffee prices are rising as global commodity prices soar, British Retail Consortium CEO Helen Dickinson said. Price controls anyone? “The current food price shock does not warrant such an intervention,” he added. Brexit is responsible for about a third of UK food price inflation since 2019, according to researchers at the London School of Economics.

☆ With Debt Limit Deal in Hand, McCarthy and Biden Turn to Task of Selling It
▼ + stars: | 2023-05-28 | by ( Luke Broadwater | Chris Cameron | ) www.nytimes.com time to read: +1 min

“Terrible policy, absolutely terrible policy,” Representative Pramila Jayapal, Democrat of Washington, said on CNN’s “State of the Union,” referring to the work requirements for food stamps and other public benefit programs. Some on the right had already ruled out doing so before seeing the details. “No one claiming to be a conservative could justify a YES vote,” Representative Bob Good, Republican of Virginia and a member of the House Freedom Caucus, wrote on Twitter. Representative Dan Bishop, Republican of North Carolina, posted his reaction to news of the deal: a vomit emoji. Some Senate Republicans, who under that chamber’s rules have more tools to slow consideration of legislation, were also up in arms.

☆ Older dogs who sleep badly may have dementia, study says
▼ + stars: | 2023-05-17 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +11 min

During his snooze, the study team will analyze Woofus’ brain waves to judge the quality of his sleep. John Joyner/NC State Veterinary MedicineTraining the dogs to accept EEGTo find out whether sleep problems in dogs indicate early signs of dementia as they do in people, Olby and her team turned to a group of senior dogs enrolled in an ongoing study testing antiaging supplements. John Joyner/NC State Veterinary MedicineFor the new study measuring a dog’s brain waves during sleep, researchers used a form of electroencephalogram called polysomnography, used in sleep clinics to diagnose sleep problems in people. Jake, a 13-year-old pointer, was one of 28 dogs trained to sleep with EEG electrodes. When sleeping brain waves were compared with a dog’s cognitive testing, researchers found that dogs with greater dementia spent less time in deep and REM sleep, just as people do.

☆ Expert Picks: Who Will Win the 2023 Kentucky Derby
▼ + stars: | 2023-05-05 | by ( Joe Drape | Melissa Hoppert | ) www.nytimes.com time to read: +1 min

The horses in the 149th running of the Kentucky Derby are listed in order of post position, with comments by Joe Drape and Melissa Hoppert of The New York Times. The morning-line odds were set by Mike Battaglia of Churchill Downs in Louisville, Ky., where the race will be held. Skinner was scratched Friday, and the morning-line favorite, Forte, was scratched Saturday, reducing the field to 18 horses. The last time four entrants were scratched from the Derby was 2015. Because of the scratches, more than half the horses in the field will break from post positions that don’t match their program numbers.

Jeremy Selwyn/WPA Pool/Getty Images Camilla stands next to Queen Elizabeth II during a Diamond Jubilee pageant on the River Thames in June 2012. Chris Jackson/Getty Images From left, Camilla, Charles, Queen Elizabeth II and Prince Philip attend the state opening of Parliament in May 2013. From left are Camilla, Charles, Queen Elizabeth II, Prince Louis, Duchess Catherine, Princess Charlotte, Prince George and Prince William. Frank Augstein/WPA Pool/Getty Images In pictures: Britain's Queen Camilla Prev NextShe reportedly met Prince Charles at a polo match in Windsor in 1970 and they became friends. From left are Camilla, Charles, Queen Elizabeth II, Prince Louis, Duchess Catherine, Princess Charlotte, Prince George and Prince William.

☆ Just a few stocks are behind the market's recent resilience. A real concern or routine rotation?
▼ + stars: | 2023-04-29 | by ( Michael Santoli | ) www.cnbc.com time to read: +7 min

After Friday's 0.8% lift, the S & P 500 is just a sliver below its Feb. 2 year-to-date high. .SPX YTD mountain S & P 500 YTD The same dynamic is happening at the sector level, too. JP Morgan this year is outperforming the equal-weighted S & P 500 financials by 13 percentage points. "While breadth is bad, the S & P 500 is actually one of the weakest indices in the G7," he says. By the way, the top-heaviness of the index also extends to valuation: The equal-weighted S & P 500 is nearer to 15-times earnings.

☆ UK food banks give out record amount as rising living costs drive hardship
▼ + stars: | 2023-04-25 | by ( ) www.reuters.com time to read: +2 min

LONDON, April 26 (Reuters) - Britain's biggest food bank network said the amount of emergency food parcels it distributed rose 37% to a record 3 million in the year to March as more people faced hardship in a cost-of-living crisis that shows little sign of easing. The Trussell Trust, which supports a network of 1,300 food bank centres across the United Kingdom, said on Wednesday more than a million parcels were provided for children. It said over the year, 760,000 people used a food bank in its network for the first time, an increase of 38% year-on-year. This included an unprecedented rise in the number of employed people, who are no longer able to balance a low income against rising living costs. The Trussell Trust also noted that the number of parcels provided in the year to March was more than double the annual amount distributed by food banks five years ago.

☆ I'm a vet who had a retro pug live for 18 years. Here's how I kept her healthy and why this super breed lives longer than pugs.
▼ + stars: | 2023-04-24 | by ( Crystal Raypole | ) www.businessinsider.com time to read: +6 min

She says retro pugs are playful and energetic and have fewer breathing problems than purebred pugs. Kasey was a retro pug who lived for 18 years, a few years longer than what's typical for a traditional pug. How healthier retro pugs came aboutAn 1802 painting of what pugs may have looked like in the early 19th century. Not only did retro pugs resemble historical pugs, they had improved genetics, fewer health issues, and a longer life expectency than purebred pugs. Bread and Butter Productions / Getty ImagesEye issues are common among pugs and retro pugs, but I've found retro pugs can heal much faster than their purebred relatives.

Companies Deutsche Bank AG FollowNEW YORK, April 11 (Reuters) - A former Deutsche Bank AG (DBKGn.DE) investment banker has been charged in an indictment unsealed on Tuesday with misappropriating funds from investors whom he wooed with promises of big returns from cryptocurrency trading. Rashawn Russell, 27, of Brooklyn, solicited investments from friends and colleagues but used the funds for gambling and other personal expenses, federal prosecutors said. According to the indictment, Russell was an investment banker from July 2018 through November 2021 at a financial institution that was not identified in the document. His LinkedIn profile states that he became a Deutsche Bank investment banking analyst in July 2018 and was promoted to associate in July 2020. Deutsche Bank said in a statement that while it would not comment on an ongoing legal proceeding, it "regularly supports law enforcement and regulatory oversight efforts, including appropriately responding to and cooperating with authorized investigations and proceedings."

☆ Ex-Deutsche Bank investment banker charged in U.S. with crypto fraud
▼ + stars: | 2023-04-11 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +2 min

NEW YORK, April 11 (Reuters) - A former Deutsche Bank AG (DBKGn.DE) investment banker has been charged in an indictment unsealed on Tuesday with misappropriating funds from investors who he wooed with promises of big returns from cryptocurrency trading. Rashawn Russell, 27, of Brooklyn, solicited investments from friends and colleagues but used the funds for gambling and other personal expenses, federal prosecutors said. According to the indictment, Russell was an investment banker from July 2018 through November 2021 at a financial institution that was not identified in the document. His LinkedIn profile states that he became a Deutsche Bank investment banking analyst in July 2018 and was promoted to associate in July 2020. U.S. prosecutors and regulators have been working to crack down on fraud involving digital assets.

☆ Perez wins Saudi GP as Verstappen goes from 15th to second
▼ + stars: | 2023-03-19 | by ( Alan Baldwin | ) www.reuters.com time to read: +5 min

"That safety car again tried to take the victory away from us in Jeddah but not this time," said Perez, who started on pole last year but was caught out by a safety car deployment and ended up fourth. "I was on for victory last year so finally I got it," added the Mexican, who now has five career wins and finished 5.355 seconds clear despite the safety car cutting his early advantage. It took Perez four laps to take charge with the Mexican meeting no resistance as he swept past for the lead, but he could not relax. When the safety car period ended on lap 20, Verstappen was pushing Russell for third and took the place three laps later. Verstappen went second, 5.6 seconds behind Perez, at the half-distance but the gap stayed constant with the Red Bulls in a race of their own.

☆ New documentary reveals how Jared Fogle led a 'double life' as a 'puppet master' who committed child sex acts while pitching sandwiches for Subway
▼ + stars: | 2023-03-05 | by ( Nancy Luna | ) www.businessinsider.com time to read: +9 min

Jared Fogle became Subway's pitchman after losing 245 pounds by mostly eating the chain's subs. He filmed over 300 ads for Subway before pleading guilty to child sex acts in 2015. Jared Fogle became a pop-culture icon after being tapped as the face of Subway in 2000. A random tip in 2015 finally exposed him as a child sex predator. Here are the most revealing highlights:Jared Fogle led a "double life," according to a documentary about his child sex crimes.

☆ 2023 Ford Maverick Lariat Tremor: A Nice Work Truck, if You Can Get It
▼ + stars: | 2023-02-24 | by ( Dan Neil | ) www.wsj.com time to read: +1 min

SMALL WONDER The 2023 Ford Maverick Lariat Tremor is a trail-capable version of the company’s compact pickup, with a sophisticated AWD system, a torque-vectoring rear differential and 30-inch all-terrain tires. THE FEW DAYS I spent in the company of Ford ’s new Maverick Lariat Tremor compact pickup ($37,465, as tested) left me with questions. Are those “Tremor” graphics on the bedsides an optional delete, I wondered? Second, with respect, why the hell aren’t more of your pickups like the Maverick—affordable, approachable, applicable, and that’s just the As? The Maverick with the Tremor package is a little knucklehead, a daily delight, as perky and over-performing as a Jack Russell Terrier that got into the freeze-dried coffee.

☆ Cyberattack on food giant Dole temporarily shuts down North America production, company memo says
▼ + stars: | 2023-02-22 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +5 min

CNN —A cyberattack earlier this month forced produce giant Dole to temporarily shut down production plants in North America and halt food shipments to grocery stores, according to a company memo about the incident obtained by CNN. “Dole Food Company is in the midst of a Cyber Attack and have subsequently shut down our systems throughout North America,” Emanuel Lazopoulos, senior vice president at Dole’s Fresh Vegetables division, said in a February 10 memo to retailers. “They [customers] are upset, but it happens,” Russell told CNN. Customers started asking questions about the bare shelves, Underwood said, prompting the store to post the Dole memo about the cyberattack on its Facebook page. The multibillion-dollar company — officially known as Dole Plc after a 2021 merger between Dole Food Company and Ireland’s Total Produce — sources produce from dozens of countries around the world.

☆ Rising Interest Rates May Bring Higher Pension Costs for Companies
▼ + stars: | 2023-02-15 | by ( Jennifer Williams-Alvarez | ) www.wsj.com time to read: +4 min

Rising interest rates have boosted corporate pensions, with funded status reaching a 20-year high in the second half of last year. But rising rates may not prove so kind to companies, from Delta Air Lines Inc. to Sysco Corp. , and their pension costs this year. Within the last year, interest rates rose significantly while asset values fell, driving up pension accounting costs. Plan sponsors that measured these costs at the end of 2022, for instance, saw much higher interest rates than a year earlier, he said, which pushes 2023 balance sheet costs up. The higher costs were driven by a reduction in return on plan assets and higher interest costs, which were only partially offset by higher discount rates, the building materials maker said in a regulatory filing last month.

☆ FBI agents said they thwarted a plot to take out Maryland's power grid after a neo-Nazi and his girlfriend blabbed to an informant
▼ + stars: | 2023-02-06 | by ( Rebecca Cohen | Jack Newsham | ) www.businessinsider.com time to read: +4 min

The FBI says its agents thwarted a plan to take out Maryland's power grid. The FBI said the people accused of planning the attack blabbed to an FBI informant online. The FBI alleges that starting in September of last year, Russell encouraged the informant to plot their own infrastructure attack before including the informant in his planned attack on the Maryland electrical grid. The FBI alleges that Clendaniel was brought in on the plan in January 2023, telling the informant she wanted to "accomplish something worthwhile" before her death. Clendaniel said the plot would be "legendary" if they pulled it off, the FBI alleges in the affidavit.

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