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☆ Florida shark attacks: Man in critical condition after shark bites his right forearm as he was boating off Florida coast
▼ + stars: | 2024-06-29 | by ( Paradise Afshar | ) edition.cnn.com time to read: +2 min

“Acting swiftly, a deputy boarded the vessel and applied a tourniquet to stop the bleeding,” the sheriff’s office said. While he is in critical condition, he is expected to recover, the sheriff’s office said. “Yet shark bites still remain very rare,” the commission said. “Experts believe that most shark bites are cases of mistaken identity, which explains why nearly all shark bites that occur in Florida waters are of a bite-and-release nature,” the commission said. While the risk of being bitten by a shark is extremely low, Florida tops global charts for the number of shark bites, according to the Florida Museum of Natural History’s annual shark attack report.

Persons: “, Dee Dee Organizations: CNN, Nassau County Sheriff’s, Marine Unit, Florida Fish and Wildlife Conservation Commission, “, Florida Museum, Natural, Florida - Locations: Nassau County, Dee Dee Bartels, Fernandina, Walton County , Florida, Florida, United States, Volusia County, Brevard, St, Lucie, Miami, Dade, Palm Beach, Escambia, Pinellas, Florida’s, Florida - Georgia

☆ 18 celebrities who came from nothing
▼ + stars: | 2024-06-28 | by ( Jacob Shamsian | Jason Guerrasio | ) www.businessinsider.com time to read: +1 min

Walton Goggins had only $300 when he first came to Los Angeles; he has a lot more than that now. Matt Winkelmeyer/GettyGoggins came to LA from Georgia when he was 19. Though he knew he could make it as an actor, he also knew right away it wasn't going to be easy, so he got to work. But along with all of that I was very fortunate to start working as an actor straight away. Finally, Goggins was making enough as an actor that he could finally stop doing the side jobs.

Persons: Walton Goggins, Matt Winkelmeyer, Getty Goggins, Goggins, he's Locations: Los Angeles, LA, Georgia

☆ Wimbledon 2024 storylines: Djokovic’s knee, Iga Swiatek on grass, Hawk-Eye challenges
▼ + stars: | 2024-06-27 | by ( Charlie Eccleshare | Matthew Futterman | ) www.nytimes.com time to read: +19 min

Is Iga Swiatek going to make her move on grass and further cement her position as the player to beat across the WTA? Probably not, since that meniscus belongs to one Novak Djokovic, the seven-time Wimbledon champion and the world’s best grass-court player. Then he showed up in London this week and started testing out the knee with practice sessions on the grass. Charlie EccleshareWill Swiatek win her first Wimbledon title? She’s never been past the quarterfinals at Wimbledon and her game isn’t a natural fit on the grass.

Persons: Novak, Matt Futterman, Charlie Eccleshare, Will Novak Djokovic, Novak Djokovic, Djokovic, Casper Ruud, Clive Brunskill, Carlos Alcaraz, Alcaraz, Daniil Medvedev, Felix Auger, Frenchman Arthur Fils, Andy Murray’s, Murray, Jack Draper, Shaun Botterill, Tim Henman’s, Draper, Charlie Eccleshare Will Swiatek, Iga, She’s, Roland Garros, Emma Raducanu, Katie Boulter, Harriet Dart, it’s Boulter, Sloane Stephens, Jessica Pegula, don’t, Boulter, Raducanu, Stephens, Jonathan Nackstrand, Hannah Klugman, Agassi, Serena, Venus Williams, It’s, Coco Gauff, Aryna, she’s, Swiatek, Gauff, Daniel Leal, Pegula, Marketa Vondrousova, Danielle Collins, Tommy Paul, Paul, Sebastian Korda, Korda, Taylor Fritz, Ben Shelton, there’s, Sally Bolton, John Walton, —, Wimbledon Charlie Eccleshare Will, Princess Catherine of Wales, Roger Federer, Rob Newell, CameraSport, Sebastian Bozon, Greece’s Stefanos Tsitsipas, Murray didn’t, ”, Jelena Ostapenko, “, Glyn Kirk Organizations: Wimbledon, WTA, Olympic Games, Court, Djokovic, England Club, British, Queen’s, London, Paris, Rothesay International, Nottingham, Eastbourne, Getty, Orange, Sampras, Wimbledon —, Swiatek, Alycia Parks, Queen’s Club, All England, U.S, All England Club, U.S ., Athletic Locations: Paris, London, Canada, SW19, Stuttgart, Warsaw, Rothesay, Eastbourne, Britain, Nottingham, Great Britain, AFP, Alycia Parks, British, Florida, American, Australia, France, Berlin, Wimbleson, Alycia, Israel, Palestine, there’s

☆ Doctors Test the Limits of What Obesity Drugs Can Fix
▼ + stars: | 2024-06-18 | by ( Gina Kolata | ) www.nytimes.com time to read: 1 min

Lesa Walton suffered for years with rheumatoid arthritis. “It was awful,” said Ms. Walton, 57, who lives in Wenatchee, Wash. “I kept getting sicker and sicker.”She also had high blood pressure, and she was obese. Doctors told her to diet and exercise, which she did, to no avail. Then she found a doctor who prescribed Wegovy, one of the new obesity drugs. Her new doctor, Dr. Stefie Deeds, an internist and obesity medicine specialist in private practice in Seattle, said that Ms. Walton exemplifies a growing movement in obesity medicine.

Persons: Lesa Walton, ”, Walton, “, Stefie Locations: Wenatchee, Wash, Seattle

☆ AI is getting very popular among students and teachers, very quickly
▼ + stars: | 2024-06-11 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +7 min

Khan recently told CNBC that its AI tool will expand from 65,000 students to one million students next year. It also recently announced that Microsoft is paying so that AI can be offered to teachers across the U.S. free of charge. In fact, teachers were the only demographic polled where year-over-year favorability declined, though a majority (59%) still have a positive view of AI chatbots. Minority groups are adopting AI for education at higher rates, including the teachers and parents who are using AI to help children. Black and Hispanic K-12 students and undergraduates were more likely to use AI for school.

Persons: Hyoung Chang, ChatGPT, Ethan Mollick, Sal Khan, Khan, CNBC's, Sam Altman, Greg Brockman, zeroed, Mollick, It's, Nadia, Alan Turing's Organizations: Getty, Microsoft, Apple, Impact Research, Walton Family Foundation, Learning, University of Pennsylvania's Wharton School, Khan Academy, CNBC, Teachers Locations: Denver, Newark , New, U.S

☆ Back-to-back shark attacks in Florida, 2 critically injured. Why the Sunshine Sate tops the rankings of shark bites globally.
▼ + stars: | 2024-06-09 | by ( Cameron Manley | ) www.businessinsider.com time to read: +1 min

Two shark bite incidents in Florida on Friday occurred within 90 minutes of each other. The attacks left two people in a severe condition and a third in a stable condition. Florida has consistently topped global rankings for the number of shark bites. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTwo shark bite incidents just 90 minutes apart at two separate beaches on Florida's Gulf coast, left three people injured on Friday.

Persons: —, Ryan Crawford, Crawford Organizations: Service, Walton Fire, Business Locations: Florida, Walton

☆ The Walmart heirs have added more than $53 billion to their combined net worth this year — second only to Nvidia CEO Jensen Huang
▼ + stars: | 2024-06-07 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +1 min

The heirs to Walmart founder Sam Walton have added $53.7 billion to their combined wealth this year. Only Nvidia CEO Jensen Huang has seen a larger increase in his net worth on Bloomberg's Billionaire Index. AdvertisementIt's no secret that Nvidia founder and CEO Jensen Huang has had an explosive year so far when it comes to his personal net worth. Huang has more than doubled his fortune since January, adding more than $62 billion as the chipmaker's stock is up 40% year-to-date. And while Mark Zuckerberg saw the second-highest growth in individual wealth in 2024, according to Bloomberg's Billionaire Index, the combined gains seen by the Walmart heirs outpaced the Meta CEO.

Persons: Sam Walton, Jensen Huang, Walton, —, Huang, Mark Zuckerberg Organizations: Walmart, Nvidia, Service, Meta

☆ Craft cocktails, mountain bikes and art: Walmart's hometown is booming, and getting more expensive
▼ + stars: | 2024-06-06 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +13 min

— When Gil Curren's family moved into a run-down farmhouse in Walmart's hometown of Bentonville, Arkansas, in 1971, the now-retail giant wasn't yet a decade old. Craft cocktails, hipster coffee shops and chef-driven restaurants have popped up around the city. Realtor Kristen Boozman, who works for Sotheby's, helps clients search for homes in the Bentonville area, including many buyers who are relocating from another city. Home values have shot up in the Bentonville area. A Walmart spokeswoman said the Walton Family Foundation funds and advocates for affordable housing projects in the Bentonville area.

Persons: Gil Curren's, it's, Sue, Gil Curren, Melissa Repko, Hunt, Tyson, Shawn Baldwin, Sam Walton, Walton, Walton's, Steuart, Tom Walton, Sam Walton's, Alice Walton, Bridges, She's, Crystal Bridges, Kristen Boozman, There's, Donna Morris, Morris, Tracy Robinson, she's, CNBC Tracy Robinson, Robinson, Stanley, Matthew Cooper, Tom, Cooper, he's, district's, It's, Jeff Webster, Bentonville Shawn Baldwin Organizations: Cyclists, Kansas City, CNBC, Walmart, Craft, Fortune, Tyson Foods, PepsiCo, Hershey, Mattel, . Census, Cushman &, Sage Partners, of Commerce, Northwest Arkansas Council, D.C, Ropeswing Hospitality, Bentonville Schools, Excellerate Foundation, Walton Family Foundation, Walton Family, Bentonville Locations: BENTONVILLE, Ark, Walmart's, Bentonville , Arkansas, Bentonville, Kansas, Austin , Texas, New York, U.S, Silicon, It's, Arkansas, Cushman & Wakefield, American, Crystal, Austin, Boise , Idaho, Dallas, Fort Worth, Atlanta, Toronto, New York City, Miami, Washington, New York City , Washington, Bentonville's

☆ Red Lobster closings: These are the locations it wants to shut down
▼ + stars: | 2024-06-06 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +6 min

New York CNN —Red Lobster wants to close several dozen more restaurants following its bankruptcy, and it has identified which ones are in danger of shutting down if the court approves its plan. The chain, which brought affordable shrimp and lobster to middle-class America and grew to become the largest seafood restaurant chain in the world, filed for bankruptcy last month. Red Lobster said that it had more than $1 billion in debt and less than $30 million in cash on hand. Part of its plan is to close some locations of its nearly 600 restaurants in the meantime. A few weeks prior to its bankruptcy, it abruptly closed around 50 locations across the United States.

Persons: Fort Smith, Callaghan Lane, Fort, Elizabeth, Merritt, Port Richey, Dale Mabry, Ames, Charles Rock, Noland, Pike, Miller, Monroe, King of Prussia, Knox Abbott, Sam Rittenburg, Anderson Lane, Michael, Van Dorn, Murdock Organizations: New, New York CNN, Beulah, Bell, Oracle, Yuma Palms, Hospitality, College, Run, Fort Myers, Fort Walton, Biscayne, , Michigan City, Charles, Bartow, Pittsburgh, Lamar, Fairfax Locations: New York, America, United States, . Alabama, E, Tuscaloosa Arizona, Flagstaff, Peoria, Phoenix, Tucson, Yuma Arkansas, Shiloh, Fayetteville, Springs, Little Rock California, Citrus Heights, Calaveras, Milpitas, Ave, Monrovia, Pittsburg, Salinas, Hospitality Lane, San Bernardino, San Jose, Lane, Stockton, Vallejo Colorado, Colorado Springs, Fort Collins, Greeley, Pueblo Connecticut, North Haven Delaware, Talleyville Florida, Altamonte Springs, Clermont, North, Clearwater, Coral Springs, Fort Lauderdale, Cleveland, Fort, Fort Walton Beach, Hwy, Kissimmee, Worth, Lake Worth, Lakeland, Leesburg, Haven Ave, Melbourne, Merritt, St, Miami, North Miami, Orange, Alafaya, Orlando, Pensacola, Port, Petersburg, Tampa, The, West Palm Beach Georgia, Columbus, Jonesboro, Rome, Smyrna Illinois, Bourbonnais, Champaign Indiana, Kokomo, , Michigan, Richmond Iowa, Ames Kansas, Topeka Kentucky, Louisville, Paducah Maryland, Salisbury, Salisbury Michigan, Bay City, Waterford Minnesota, West, Bloomington, Golden Valley Mississippi, Tupelo Missouri, Charles Rock Rd, Bridgeton, Independence, Joplin New Jersey, Delran, Paramus New York, Bartow Ave ., Bronx, Copiague, Lakewood, Manhattan, Glen Street, Queensbury, Stony Brook North Carolina, Cary, Jacksonville Ohio, Dayton, Findlay, Maumee, S.E, , New Philadelphia, Parma, Strongsville, Monroe St, Toledo Pennsylvania, Chambersburg, DeKalb Pike, Pittsburgh South Carolina, Cayce, Charleston Tennessee, Chattanooga Texas, Austin, Padre, Corpus Christi, Duncanville, Frisco, Houston, Lubbock, Bedford, Richland Hills, San Antonio, San Marcos, Shenandoah, Texarkana, Wichita Falls Virginia, Alexandria, Blvd, Chesapeake, Fairfax, Spotsylvania, Fredericksburg, Richmond, Broad, Virginia Beach, Pkwy, Virginia Beach Washington, Lynwood, Randall Way, Silverdale West Virginia, Parkersburg

☆ Private equity investment in NFL teams is coming, Washington Commanders owner Josh Harris says
▼ + stars: | 2024-06-05 | by ( Ian Thomas | ) www.cnbc.com time to read: +6 min

"I think it may be leading to some rethink into the consideration of letting private equity, as an example, or institutional investors into the NFL." While U.S. pro sports leagues had prohibited private equity investors previously, they've largely softened their stances in recent years, aside from letting any firm be a controlling owner of a team. "We've got a lot of interest in the private equity space," NFL Commissioner Roger Goodell said at the league's spring meeting in May. "We are making real progress on potential private equity. Ross Sorkin asked Harris if allowing private equity investors into sports would have any negative impacts on the teams or the league's overarching strategy as those investors look toward an exit.

Persons: Harris, Andrew Ross Sorkin, Magic Johnson, Eric Schmidt, David Blitzer, Jeff Bezos, Dan Snyder, Apollo Global Management —, Josh Harris, David Tepper, Rob Walton, Mat Ishbia, Joe Tsai, Steve Cohen, We've, Roger Goodell, Goodell, Ross Sorkin, Stanley Kroenke, I've, Kroenke Organizations: NFL, CNBC, Summit, Washington , D.C, Blackstone Group, 76ers, Devils, Amazon, NBA's Philadelphia 76ers, New Jersey Devils, Premier, Apollo Global Management, Washington Commanders, Carolina Panthers, Walmart, Denver Broncos, United Wholesale Mortgage, Phoenix Suns, Brooklyn Nets, New York Mets, MLB, Guggenheim Baseball Management, Los Angeles Dodgers, U.S, PE, NBA, Los Angeles Rams Locations: Washington ,

☆ The New York Times News Quiz, May 31, 2024
▼ + stars: | 2024-05-31 | by ( ) www.nytimes.com time to read: 1 min

The Hall of Fame N.B.A. center Bill Walton died this week at 71. Walton was a famed devotee of what San Francisco band, which he claimed to have seen in concert more than 800 times?

Persons: Bill Walton, Walton Organizations: Fame, San Locations: San Francisco

☆ The 10 richest sports owners are worth a combined $549 billion. Here's how they made their fortunes.
▼ + stars: | 2024-05-31 | by ( Cork Gaines | ) www.businessinsider.com time to read: +1 min

The 10 wealthiest sports owners collectively own 15 major sports teams. These owners include tech moguls, hedge fund managers, and heirs to massive fortunes. Forbes data highlights their diverse origins, from Walmart heirs to hedge fund managers. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Today, the list of wealthiest sports team owners includes two separate heirs to the Walmart fortune, Rob Walton and Ann Walton Kroenke, along with Bill Gates' former assistant Steve Ballmer.

Persons: —, Rob Walton, Ann Walton Kroenke, Bill Gates, Steve Ballmer Organizations: Forbes, Walmart, Service, Business

☆ Bill Walton, one of basketball’s most eccentric characters, dies at 71
▼ + stars: | 2024-05-27 | by ( Jason Quick | ) www.nytimes.com time to read: +15 min

There was the satisfaction and appreciation of a team coming together to win the 1977 NBA title. The next day, before a Trail Blazers home game, Walton explained his emotions to a group of reporters. I regret the circumstances in which I left the Portland Trail Blazers’ family. “The Portland Trail Blazers deplore Bill Walton’s statement calling for the rejection of the United States Government. “And you are never the same again.”Related reading(Top photo of Bill Walton: NBA Photos / Getty Images)

Persons: Bill Walton, Walton, Adam Silver, Bill, Bill’s, Lori, Adam, Nate, Luke, Chris, ”, ” Walton, “, Ted Kulongoski, it’s, Jack Ramsay, Hank Delespinasse, Robert Parrish, Ricky Pierce, Eddie Johnson, Larry Bird, Kevin McHale, Steve James, Bird, Walton . Bird, James, ” James, Dave Twardzik, Tom Shanahan, don’t, Jack, Micki Scott, Patty Hearst, Walton’s, Herman Sarkowsky, Larry Weinberg, Harry Glickman, Bill Walton’s, Arthur Ashe, Kareem Abdul, Jabbar, Bill Russell, Muhammad Ali …, White, Hal Bock, …, Marty Glickman, —, Bill Walton's, Sir Isaac Newton’s, Fabricio Roberto, you’ve, Taylor, ” “ John Stockton Organizations: Fame, NBA, UCLA, Portland Trail Blazers, Boston Celtics, Naismith Hall of Fame, Blazers, The Athletic, Trail Blazers, Celtics, NCAA, Memphis State, Florida State, Getty, Philadelphia, Portland, LA Clippers, Sixth, Walton, Athletic, Associated Press, Wilshire, FBI, Scotts, Symbionese Liberation Army, United, United States Government, National Basketball Association, “ Sports, The Associated Press, New York Knicks, Prime Ticket Network, NBC, ABC, CBS, FOX, ESPN, Turner Sports Locations: La Mesa, Calif, Portland, Oregon, “, Blazermania, Los Angeles, Vietnam, United States, San Francisco, Walton, Utah, America

☆ Bill Walton, basketball Hall of Famer and colorful commentator, dies of cancer at 71
▼ + stars: | 2024-05-27 | by ( Kevin Dotson | Eric Levenson | ) edition.cnn.com time to read: +5 min

CNN —Bill Walton, the basketball Hall of Fame center who won two national titles at UCLA, two NBA championships in Portland and Boston and later put the “color” in color commentator, died Monday following a prolonged battle with cancer, the National Basketball Association announced. “Bill Walton was truly one of a kind,” NBA Commissioner Adam Silver said in a statement. He was named the NBA Finals Most Valuable Player in that playoffs, and the next season he was named the NBA’s regular season MVP. Boston Celtics Bill Walton battles Los Angeles Lakers Kareem Abdul-Jabbar during the 1985 NBA Finals. I am the luckiest guy on earth.”NBC basketball announcers Bill Walton and Marv Albert pose before the start of Game 4 of the NBA Finals in East Rutherford, New Jersey, on June 12, 2002.

Persons: Bill Walton, Walton, “ Bill Walton, Adam Silver, “ Bill, John Wooden, Wooden, Robert Parish, Kevin McHale, Boston Celtics Bill Walton, Los Angeles Lakers Kareem Abdul, Jabbar, Bob Riha, It’s, ”, I’ve, I’d, Marv Albert, Mike Blake, Jay Blakesberg, Bill Walton’s, ” Mick Cronin, it’s Organizations: CNN, of Fame, UCLA, NBA, National Basketball Association, Fame, Bruins, Portland Trail Blazers, San Diego, Los Angeles Clippers, Boston Celtics, Houston Rockets, Los Angeles Lakers, Naismith, Basketball Hall of Fame, NCAA, ESPN, NBC Locations: Portland, Boston, Vietnam, East Rutherford , New Jersey, Santa Clara , California

☆ Basketball Hall of Famer Bill Walton dies at 71
▼ + stars: | 2024-05-27 | by ( Lauren Johnson | ) www.businessinsider.com time to read: +1 min

Basketball legend Bill Walton died after a battle with cancer, the NBA announced May 27. Walton, 71, won two NCAA titles and two NBA championships. AdvertisementBasketball legend Bill Walton has died after a prolonged battle with cancer, the National Basketball Association announced on May 27. Walton, 71, played center and won two National Collegiate Athletic Association titles while playing with UCLA. He was inducted into the Naismith Basketball Hall of Fame in 1993, followed by the College Basketball Hall of Fame in 2006.

Persons: Bill Walton, Walton, — Organizations: NBA, NCAA, Service, National Basketball Association, National Collegiate Athletic Association, UCLA, Portland Trail Blazers, Boston Celtics, Naismith Basketball Hall of Fame, College Basketball Hall of Fame, Business Locations: Walton

☆ Two-time NBA champion Bill Walton dead at 71
▼ + stars: | 2024-05-27 | by ( Corky Siemaszko | ) www.cnbc.com time to read: +1 min

LOS ANGELES, CALIFORNIA - APRIL 20: Bill Walton attends a basketball game between the Los Angeles Clippers and the Phoenix Suns at Crypto.com Arena on April 20, 2023 in Los Angeles, California. (Photo by Allen Berezovsky/Getty Images)Two-time NBA champion Bill Walton died after a "prolonged battle with cancer," the league announced Monday. Walton, who was 71, was with his family when he passed, NBA spokesperson Mark Broussard said in a statement. "Bill Walton was truly one of a kind," NBA Commissioner Adam Silver said in a statement. Walton is survived by his wife, Lori, and his sons Adam, Luke, Nate and Chris, according to the NBA.

Persons: Bill Walton, Allen Berezovsky, Walton, Mark Broussard, Adam Silver, Silver, Lori, Adam, Luke, Nate, Chris Organizations: Los Angeles Clippers, Phoenix Suns, Crypto.com Arena, NBA, Fame, Portland Trail Blazers, Boston Celtics Locations: ANGELES , CALIFORNIA, Los Angeles , California

☆ Bill Walton, N.B.A. Hall of Famer and Broadcasting Star, Dies at 71
▼ + stars: | 2024-05-27 | by ( Richard Sandomir | ) www.nytimes.com time to read: +1 min

Bill Walton, a basketball center whose extraordinary passing and rebounding skills helped him win two national college championships with U.C.L.A. A redheaded hippie and devoted Grateful Dead fan, Walton was a 6-foot-11 acolyte of the renowned U.C.L.A. He was named the national college player of the year three times. Walton’s greatest game was the 1973 national championship against Memphis State, played in St. Louis. Walton — not yet known for his often hyperbolic, stream-of-consciousness speaking manner — refused to say much after the game.

Persons: Bill Walton, Walton, John Wooden, St . Louis, Walton —, —, ” Organizations: Portland Trail Blazers, Boston Celtics, Bruins, Memphis State Locations: San Diego, St ., U.C.L.A

Walmart heiress Alice Walton is the second-richest woman in the world, with an estimated $84 billion net worth. AdvertisementAlice Walton, the only female heiress to the Walmart fortune, is one of the richest women in the world. The three Walmart heirs — Rob Walton, Jim Walton, and Alice Walton — have a combined wealth of more than $250 billion, according to the Bloomberg Billionaires Index. The 74-year-old Alice Walton has an estimated fortune worth $84 billion and ranks 19th on Bloomberg's list. She's the second-richest woman in the world, behind only L'Oréal heiress Françoise Bettencourt Meyers.

Persons: Alice Walton, —, Rob Walton, Jim Walton, Alice Walton —, Françoise Bettencourt Meyers Organizations: Service, Walmart, Bloomberg, Business

Forbes compiled a list of the richest person in every state in 2024. The billionaires include members of the Walton family, Mars family, and Chick-fil-A's Cathy family. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In May 2024, Forbes released a list of the wealthiest person in each state.

Persons: Forbes, Walton, Cathy, — Organizations: Service, Business Locations: Alaska , Delaware, West Virginia, California , New York, Florida, Bloomington , Indiana, Bentonville , Arkansas

☆ What Walmart's RTO mandate is really about
▼ + stars: | 2024-05-20 | by ( Dominick Reuter | Tim Paradis | ) www.businessinsider.com time to read: +7 min

Walmart's chief people officer, Donna Morris, commented similarly in a memo announcing the layoffs and relocations earlier that week. She wrote that working in an office would help workers collaborate, innovate, and "move even faster." Still, some employees continued working remotely, and several satellite offices remained open in cities like Atlanta, Dallas, Toronto, and Seattle. He also said he doesn't think the company is using this RTO mandate as a cover for achieving cost savings through workforce reductions, commonly referred to as "quiet firing," but that it's more part of Walmart's ethos. For the remote worker BI spoke with, the next few weeks will be filled with uncertainty.

Persons: —, it's, Sam Walton, Nelson Lichtenstein, Doug McMillon, Donna Morris, Morris, Suresh Kumar, Walmart's, Kumar, Kelli Oakes, she'd, I'm, Oakes, Lichtenstein, there's, Gartner Organizations: Service, Walmart, Business, University of California, Executives, BI, Home, LinkedIn, Walmart Global Tech, Sam's Club, UC Locations: Arkansas, Bentonville , Arkansas, New York, San Francisco, Santa Barbara, Bentonville, Atlanta, Dallas, Toronto, Seattle, Bay, Hoboken , New Jersey, South Carolina, Northwest Arkansas

☆ Meet 10 of the world's richest women, worth a combined $500 billion
▼ + stars: | 2024-05-19 | by ( George Glover | ) www.businessinsider.com time to read: +1 min

The top 10 women on the Bloomberg Billionaires Index are worth just over $500 billion combined. Walmart heiress Alice Walton and Fidelity CEO Abigail Johnson are both on the list. Take a closer look at some of the world's richest women. AdvertisementL'Oréal's biggest shareholder, a Walmart heir, and the CEO of Fidelity are among the 10 richest women in the world, according to the Bloomberg Billionaires Index. They've each amassed fortunes of more than $25 billion — and are worth a staggering $500 billion combined.

Persons: Alice Walton, Abigail Johnson, — Organizations: Bloomberg, Walmart, Fidelity, Service

☆ Walmart CEO Doug McMillon shares 3 tips for success in work and life
▼ + stars: | 2024-05-13 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +7 min

Read previewWalmart CEO Doug McMillon returned this weekend to his alma mater, the University of Arkansas, where he delivered the commencement address to the class of 2024. McMillon also revealed how some plans didn't work out — like being rejected from the top MBA programs — and how a mistake could have ended his career before it began. I'm wired to think more about what's coming next than the moment right in front of me. AdvertisementMy second piece of advice is to pursue a career that does not feel like work. If you're in the right place, most days, work won't even feel like work.

Persons: —, Doug McMillon, McMillon, Doug McMillon's, I've, Jim Webster, Jim, Wharton, Shelly, they're, Sam Walton's, Helen, it's, you've, Benny Bridwell, Benny, Bryan Adams Organizations: Service, University of Arkansas, Business, Harvard, Stanford, Walmart Locations: Arkansas, USA, South Africa, Rogers

☆ US Pacific bases and aircraft are wildly vulnerable to Chinese missile barrages that could overwhelm defenses, lawmakers warn
▼ + stars: | 2024-05-10 | by ( Chris Panella | ) www.businessinsider.com time to read: +5 min

Read previewUS bases and aircraft in the Pacific are facing intense threat from Chinese missiles, and the Pentagon isn't doing enough to counter that challenge, according to American lawmakers. In a Wednesday letter to Air Force Secretary Frank Kendall and Navy Secretary Carlos Del Toro, 13 members of Congress pointed out glaring vulnerabilities in the Pacific region and demanded "immediate changes." A U.S. Air Force Rockwell B-1B Lancer (L) and a Boeing KC-135 Stratotanker (R) sit on the tarmac at Andersen Air Force base on August 17, 2017, in Yigo, Guam. Justin Sullivan/Getty ImagesIn the letter, lawmakers note that many of the US bases in the Pacific remain unhardened, leaving aircraft and assets vulnerable to missile strikes. Notably, none of the US shelters were in Guam — home to Andersen Air Force Base which routinely hosts American bombers.

Persons: —, Frank Kendall, Carlos Del Toro, John Moolenaar, Justin Sullivan, Tom Shugart, Timothy A, Walton, Andy Wong Organizations: Service, Pentagon, Air Force, Business, Department of Defense, Chinese Communist Party Rep, Commonwealth of, Pacific ., U.S . Air Force Rockwell, Boeing KC, Andersen Air Force, US, Center, New, New American Security, Hudson Institute, Andersen Air Force Base, American, People's Liberation Army Rocket Force, Lawmakers, Rocket Force, China's Locations: Pacific, China, Okinawa, Guam, Commonwealth, Northern Mariana, U.S, Yigo, New American, Shugart, Tiananmen, Beijing

☆ Home prices are falling in parts of Florida and Texas as buyers tap out and supply outpaces demand
▼ + stars: | 2024-05-09 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

Home prices are falling in parts of Florida and Texas even as they soar nationally. Sale prices only dropped in 15 of 221 metro areas last quarter, and five were in those states. High prices, steeper mortgage rates, and supply catching up with demand help explain the declines. AdvertisementHome prices are falling in parts of Florida and Texas as buyers tap out and supply catches up with demand. AdvertisementThe takeaway is that a combination of sky-high prices, steeper mortgage rates and other costs like insurance squeezing buyers' budgets, and supply catching up with demand has resulted in prices flatlining or falling in parts of Florida and Texas, bucking the national trend.

Persons: —, Fort Myers, Redfin, Coral Organizations: Service, National Association of Realtors, Fort, Fort Walton, Austin, Rock, NAR, Panama City, Homeowners, Federal Locations: Florida, Texas, Panama City, Crestview, Fort, San Antonio, New Braunfels, Lac , Wisconsin, Illinois, Kankakee, Rockford, Champaign, Urbana, Austin, Panama

☆ U.S. Judge Backs U.K. Request to Extradite ‘Irish Heiress’ Who Swindled Producer
▼ + stars: | 2024-05-09 | by ( Isabella Kwai | ) www.nytimes.com time to read: +1 min

Her elaborate schemes, among them posing as the heiress to an Irish fortune, swindled people out of huge sums and left Marianne Smyth with two felony convictions. Ms. Smyth became known as the “Irish heiress” after one of her former victims, Johnathan Walton, started a podcast in 2021 about his experience. The two became close friends after meeting in 2013, and Mr. Walton, a reality television producer, said that Ms. Smyth had claimed to be from a prominent Irish family. But she was facing money problems, she told him, and was battling relatives in Ireland over an inheritance worth tens of millions of dollars. Sympathetic, Mr. Walton lent her money and the use of his credit card, an amount that totaled more than $63,000.

Persons: Marianne Smyth, Smyth, ”, Johnathan Walton, Walton Organizations: U.S . Marshals Service Locations: American, Northern Ireland, U.S, Maine, Irish, Ireland

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