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London CNN —Three economists were awarded the Nobel Prize Monday for their research into how the nature of institutions helps explain why some countries become rich and others remain poor. Daron Acemoglu, Simon Johnson and James Robinson will share the prize, which carries a cash award of 11 million Swedish kronor ($1 million). The authors warned that “the current path of AI is neither good for the economy nor for democracy.”The latest Nobel Prize in economics was announced in Stockholm on October 14, 2024. In “Why Nations Fail,” he and Robinson argued that China, because it lacks inclusive institutions, would not be able to sustain its economic growth. The economics prize is officially known as Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel.
Persons: Daron Acemoglu, Simon Johnson, James Robinson, , , , Robinson, Acemoglu, Johnson –, MIT –, Christine Olsson, ” Acemoglu, Alfred Nobel, Claudia Goldin, Goldin Organizations: London CNN —, Massachusetts Institute of Technology, MIT, University of Chicago, TT, Agency, AP, Bank of Sweden, Economic Sciences, Harvard University Locations: Turkish, American, British, Nogales, Arizona, Mexico’s Sonora, Nogales , Arizona, Stockholm, China, Beijing, Bank, Swedish
Founders of some of Europe's largest technology unicorns on Monday backed an open letter calling for a "tech renaissance" fueled by the creation of a single pan-European entity to promote startups and innovation in the bloc. But because of that, our startup scene is fragmented," read the open letter, which was published Monday on a newly created website for the EU Inc initiative. This results in "stifled momentum, unrealized potential, and an artificial limit on our startups' chances of success." So-called 28th regimes are proposed legal frameworks within the EU that offer an alternative to member states' own national rules instead of replacing them. The new structure of EU Inc would "standardize investment processes, simplify cross-border operations, and create a unified employee stock options framework" to help European startups scale rapidly and attract more capital, according to a Monday press release.
Persons: Patrick Collison, Hinrikus, Eléonore Crespo, Ilkka Paananen, Miki Kuusi Organizations: EU Inc, Inc, EU, Wolt Locations: Europe, EU, Finnish
He’s lived through many storms in his 30 years on Longboat Key, but Bob Parrish said he’s never before seen the level of destruction that Hurricane Helene blew into town a little more than two weeks ago. It also brought a double whammy of destruction from two major hurricanes to a string of islands and their residents who were still rebuilding from Hurricane Ian in 2022. Honestly, I only cried a little bit after Milton because I cried so much after Helene. Even before Helene and Milton brought the one-two punch, Rodocker was still reeling from Hurricane Debby’s path of destruction in August. “It was like a right, a left and an undercut.”Marco Island, seen here on Sept. 26, was badly flooded by Hurricane Helene.
Persons: He’s, Bob Parrish, he’s, Helene, Milton —, Mary, what’s, “ We’ve, ” Parrish, , Angela Rodocker, Anna Maria Island, , ” David Farrar, everybody’s, Farrar, Milton, ” Rodocker, Maria Island, Rodocker, Marco, Hurricane Helene, Scott Schilke, Bradenton Beach Mayor John Chappie, ” Chappie, Chappie, Mike Norman, Norman, ” Amy Ace Lance, Hurricane Milton, Thomas Simonetti, John Lai, ” Lai, Ian, Rod Nibert, Parrish —, cancer —, Parrish Organizations: NBC, Island Estates, Silver Resorts, AP Residents, Bradenton Beach Mayor, Florida Department of Transportation, Bradenton Beach, Hurricane, Washington, Getty Locations: Lakeland, Sarasota, Hurricane, Island, Clearwater, Bradenton Beach, , , Sanibel, Cape Coral, Charlotte County, Orlando
London CNN —Former Scottish First Minister Alex Salmond has died at 69, according to statements from Scotland’s main political parties and UK media reports. Salmond was taken ill while in North Macedonia, collapsing after delivering a speech on Saturday, according to British media reports. For many years he was the father of the nation and for several years he has been a father-like figure to me. British Prime Minister Keir Starmer said: “For more than 30 years, Alex Salmond was a monumental figure of Scottish and UK politics. After losing his seat in parliament, Salmond remained a major figure in both Scottish and British politics, working as a commentator and hosting the Alex Salmond Show on Russian state broadcaster RT.
Persons: Alex Salmond, Salmond, , Alex, Alex Salmond’s Alba, Chris McEleny, Keir Starmer, ” Salmond, Nicola Sturgeon, Alex Salmond’s, , Anas Sarwar, “ Alex Organizations: London CNN — Former Scottish, Scotland, British, Scottish, First, Alba Party, RT, Bute House, Daily, Scottish Labour, Scottish National Party, CNN Locations: North Macedonia, Scotland, British, Bute, Scottish
Spotify's HR chief told Raconteur that the company will maintain its work-from-anywhere policy. AdvertisementAmazon might be ordering employees back to the office 5 days a week, but don't expect Spotify to follow suit. Spotify's latest reaffirmation of its WFA policy bucks the current trend of companies pushing to get employees in the office more days a week. Many executives and leaders have attributed their RTO mandates to increased productivity and collaboration when employees work together in the office. "Over time, this drawback could dramatically undermine the character and culture you want to promote in your company," Dimon added.
Persons: Raconteur, , Katarina Berg, Berg, Fortune, Goldman Sachs, Mark Zuckerberg, Jamie Dimon, Dimon, Andy Jassy Organizations: Spotify, Service, WFA, Stockholm School of Economics, JPMorgan, Meta, Amazon . Workers, Disney
New York CNN —Shari Redstone, the chair of CBS parent company Paramount Global, said Wednesday that CBS leadership made a “bad mistake” with their handling of “CBS Mornings” co-host Tony Dokoupil’s contentious interview last week with author Ta-Nehisi Coates. In stark opposition to what CBS editorial leadership told staff on Monday, Redstone said she did not think Dokoupil had violated the network’s editorial standards when he grilled Coates over the content of his new book. I think he handled himself and showed the world and modeled what civil discourse is. On Wednesday, Redstone said the network’s executives made a “bad mistake” in how they handled the ensuing controversy over the interview. Several correspondents and producers had expressed concern with Dokoupil’s conduct in numerous instances, beyond the Coates interview.
Persons: Shari Redstone, Tony Dokoupil’s, Nehisi Coates, Redstone, Dokoupil, Coates, Tony, ” Redstone, , , ” Dokoupil, “ I’ve, I’ve, Wendy McMahon, Adrienne Roark Organizations: New, New York CNN, CBS, Paramount Global, ” CBS, CNN Locations: New York, Dokoupil, Israel
We spoke with Sophia Efthimiatou and Matt Starr, Substack's duo paving the platform's IRL strategy. hosted "Hate Read Live," where several contributors behind Cai's "Hate Reads" newsletter read excerpts at a bar in New York. September: Casey Lewis hosted "Debate Club," the first iteration of Substack's "Stacked Debate" series, in a gymnasium featuring several Substack writers. hosted "Debate Club," the first iteration of Substack's "Stacked Debate" series, in a gymnasium featuring several Substack writers. Substack's events are a playground for promoting these tools.
Persons: Substack, Sophia Efthimiatou, Matt Starr, , I'm, Casey Lewis —, Lewis, John Paul Brammer, Kareem Rahma, Nolita Dirtbag, Randa Sakallah, Casey Lewis, Anna Maria Lopez, Hunter Harris, Rayne Fisher, Efthimiatou, Starr, Emma Trim, Delia Cai, Cai's, Tavi Gevinson, Mary Gaitskill, Quann, Emilia Petrarca, Jessica DeFino, Fisher, Emily Sundberg, Substack's, Hamish McKenzie, McKenzie, podcaster Dwarkesh Patel Organizations: IRL, Service, Press, Substack, Business, The New York Times, Hotel Chelsea, New York, Democratic, Convention Locations: New York, New York City, Substack, New, Montauk , New York, San Francisco, inboxes
Former President Donald Trump on Tuesday announced a “Latter-Day Saints for Trump” coalition less than a month before Election Day, as the campaign looks to shore up support among a key voting bloc in which defections could be particularly damaging in key western battlegrounds. “President Trump has consistently stood by our side in defending both, ensuring that Latter-day Saints and people of all faiths can worship freely and live according to our beliefs,” Lee said. Latter-day Saints voters’ steadfast support for GOP candidates has long helped keep Utah and Idaho — the states with the largest share of LDS voters — impenetrably red on election nights. The former president plans to hold a roundtable with Latter-day Saints leaders on Sunday in Arizona, according to a campaign aide. The Harris campaign hosts a “Latter Day Saints for Harris-Walz coalition on its website and launched an advisory committee in Arizona last month.
Persons: Donald Trump, Sen, Mike Lee, Celeste Maloy, Burgess Owens, Sean Reyes, Trump, ” Lee, , Joe Biden, Biden, Andy Biggs, Pinal County Sheriff Mark Lamb, Lamb, Kamala Harris ’, Harris, Walz, Robert Oaks, Glenn Beck, Donald Trump Jr Organizations: Trump ”, Utah Republicans, , America, Democratic, Arizona, GOP, Arizona Republicans, Trump - LDS, Rep, Pinal County Sheriff, Sunday, Trump, Harris, LDS, Air Force, Diesel, , NBC News Locations: Utah, Arizona, Idaho, Pinal County
Cissy Houston, renowned soul and gospel singer and mother to Whitney Houston, died at the age of 91. Houston, a two-time Grammy winner who sang backup for Aretha Franklin and Elvis Presley, passed away at her home Monday morning in New Jersey, according to her daughter-in-law Pat Houston. May she rest in peace, alongside her daughter, Whitney and granddaughter Bobbi Kristina and other cherished family members.”Whitney Houston and Cissy Houston at the Annual People's Choice Awards in 1993. She later formed the Sweet Inspirations alongside Dee Dee Warwick and Doris Troy, singing backup for Otis Redding, Dusty Springfield and Dionne Warwick. “On behalf of The Houston Family, we are touched by your generous support, and your outpouring of love during our profound time of grief,” said the family in a statement.
Persons: Cissy Houston, Whitney Houston, Aretha Franklin, Elvis Presley, Pat Houston, , Cissy, Whitney, Bobbi Kristina, ” Whitney Houston, Houston, Dee Dee Warwick, Doris Troy, Otis Redding, Dusty Springfield, Dionne Warwick, Van Morrison’s “, Jimi Hendrix, Presley, Bette Middler’s, Chaka Khan, Diana Ross, David Bowie, Beyoncé, Donny Hathaway, Wilson Pickett, ” Houston, Dionne, Leontyne Price, Organizations: CBS, Getty, Houston ”, Houston Locations: Houston, New Jersey, Newark , New Jersey, Las Vegas
New York CNN —CBS News executives said Monday that a heated morning show interview with acclaimed author Ta-Nehisi Coates, during which his new book was compared to “extremist” writings, did not meet the network’s editorial standards. CBS executives told staffers during a daily editorial meeting that the contentious “CBS Mornings” interview last week with Coates, led by co-anchor Tony Dokoupil, had been addressed with Dokoupil. The assessment pacified some employees who had objected to Dokoupil’s tone during the segment with Coates. During the September 30 interview, Dokoupil took issue with Coates’ framing in the book. The gripping interview — intense by the often cozy standards of morning television —has since been viewed many millions of times on streaming websites.
Persons: Nehisi Coates, Coates, Tony Dokoupil, Dokoupil, Dokoupil’s, Tony, Israel, ” Coates, , ” Dokoupil, Gayle King, Nate Burleson, , , Wendy McMahon, Adrienne Roark, McMahon, Roark didn’t, Jan Crawford Organizations: New, New York CNN, CBS, CNN, Management Locations: New York, Israel
CNN —Cissy Houston, Grammy-winning singer and mother of Whitney Houston, has died, according to Gwendolyn Quinn, a representative for The Estate of Whitney E. Houston. “Mother Cissy has been a strong and towering figure in our lives. Whitney Houston died in 2012 at the age of 48. Cissy Houston was also the mother of sons Gary and Michael and the grandmother of her several grandchildren, according to her biography. Her granddaughter Bobbie Kristina Brown, died three years after her mother Whitney at the age of 22.
Persons: CNN — Cissy Houston, Whitney Houston, Gwendolyn Quinn, Whitney E, , Pat Houston, Cissy, Emily Drinkard, Cissy Houston, Delia Mae Drinkard, Houston, Anne, Larry, Nicky, Lee, Marie, Anne Drinkard, Lee’s, Judy Clay, Dee Dee Warwick, Dionne Warwick, Houston’s nieces, Aretha Franklin, Dusty Springfield, Esther Phillips, Lou Rawls, Otis Redding, Solomon Burke, Wilson Pickett, Franklin, Bette Midler, Beyoncé, Burt Bacharach, Carly Simon, Chaka Khan, David Bowie, Elvis Presley, Jimi Hendrix, Gary, Michael, Bobbie Kristina Brown, Whitney, ” Pat Houston’s, , Bobbi Kristina Organizations: CNN, The, Whitney, Houston, Newark Public School, New Hope Baptist Church, Sacred Music, Carnegie Hall, Newport Jazz, Webster, RCA Records Locations: Cissy, Newport , Rhode Island, New York City, , Cissy Houston
Embracing the chaos in Ho Chi Minh City
  + stars: | 2024-10-06 | by ( Richard Quest | Joe Minihane | ) edition.cnn.com   time to read: +9 min
This is Ho Chi Minh City, the commercial heart of a resurgent Vietnam. It may be Ho Chi Minh City. Maksym Panchuk/iStock Editorial/Getty ImagesAccording to a 2022 C40 Cities Report, Ho Chi Minh City is home to some 7.3 million motorcycles. Watching him at work is to appreciate just how important preserving history and sharing culture is to the people of Ho Chi Minh City. Yet to get a proper taste of its most famous coffee, you really need to find one of the best coffee houses in Ho Chi Minh City.
Persons: thrall, Graham Greene, , ” Greene, Greene, Ho, Po, it’s, , Minh City's, Ho Chi Minh, Tuan, Reed Kaestner, Tran, Tien, “ It’s, Âu, Lạc Long, Richard Quest, there’s, curbside Organizations: CNN, Maksym, Saigon Opera, National Assembly, Municipal Theatre of Ho, zipping, American Embassy, brac Locations: Chi Minh City, Vietnam, It’s, Ho Chi Minh City, it’s, Saigon, Chi, Ho Chi, Paris, South Vietnam, Municipal Theatre of Ho Chi Minh City, Brazil, , American
The idiom goes, "If at first you don't succeed, try, try again." We asked experts for their advice on applying to jobs at an organization that has rejected you before. Davis notes it's "generally not recommended to apply to the same employer more than twice for the same position if you've been rejected or received no response, especially if your qualifications have not changed." Sharghi advises waiting at least 3 to 6 months after being rejected to reapply unless the company explicitly invites you to apply for other roles. For this specific position, I'm particularly interested because [mention specific aspects of the job that appeal to you]."
Persons: , Gabby Davis, Davis, it's, you've, Cynthia Pong, Farah Sharghi, Sharghi, I've, I'm, Pong Organizations: Service
A new Barbie will help celebrate the largest Indian festival of the year. Mattel announced the release of its first “Barbie Diwali doll” on Friday in an homage to the Hindu holiday of Diwali, also known as the festival of lights, which is marked on Western calendars as Nov 1. “In celebration of Diwali, Barbie and I are both encouraging fans around the world to celebrate the beautiful heritage of Indian fashion and culture,” Dongre said in a news release. The Barbie Diwali doll comes with golden earrings, “reflecting the radiant lights of the festival.” Rafael Ortega / MattelIn designing the look, Dongre sought to incorporate “modern aesthetics with traditional craftsmanship.” The lehenga features dahlias, jasmine and Indian lotus, which symbolize strength and beauty. “Barbie used to be a more singular reflection of beauty and more one-dimensional,” Mattel’s executive vice president and chief brand officer, Lisa McKnight, told Reuters.
Persons: Anita Dongre, Barbie, ” Dongre, ” Rafael Ortega, Dongre, ” Lalit Agarwal, Rafael Ortega, Celia Cruz, Bessie Coleman, Anna May Wong, “ Barbie, Lisa McKnight, we’ve Organizations: Mattel, Reuters, Locations: India
And Kim Kardashian advocates for the release of the Menendez brothers. Chris Kofinis, a Democratic strategist, said Harris’ campaign is banking on Trump’s weaknesses being enough to carry Harris to victory. as the Harris campaign works to engage a group of voters threatening to defect over the Biden administration’s handling of the situation in the Middle East. People who are allergic to bees are usually allergic to yellow jackets as well, though the scale of the reaction may differ. Meanwhile, prosecutors in California said they are reviewing the Menendez brothers’ convictions to determine whether they should be resentenced and potentially released.
Persons: Kamala Harris, Kim Kardashian, Menendez, , Harris, Justin Sullivan, Donald Trump, Harris ’, she’s, , , Steve Shurtleff, Chris Kofinis, ” Harris, Tim Walz, Trump, Walz, Barack Obama, Hezbollah’s, Hezbollah's, Hashem Safieddine, Ayatollah Ali Khamenei, Hassan Nasrallah, Chris Hayes, L.A, Lyle, Erik, ” Kardashian, Erik Menendez, Netflix’s, Read, George Gascón, Jack Smith’s, Smith, Jeff Greenberg, Helene, Alexandra Byrne, — Rich Bellis, Elizabeth Robinson Organizations: Cochise College Douglas Campus, Democratic, New, CBS, Minnesota Gov, Gov, Biden, East, NBC News, IDF, North Carolina State University, NBC, Netflix, Arts, Universal, Getty, River Arts Locations: North Carolina, Douglas , Arizona, New Hampshire, Butler , Pennsylvania, Pittsburgh, Beirut, Israel, Lebanon, Syria, Iran, Carolina, Hurricane, Beverly Hills , California, California, Colorado, , Asheville, N.C
Visitors to Asheville’s Buncombe County spent nearly $3 billion last year, accounting for 20% of the county’s annual economy. “It has been a very vibrant tax base” as well, added Nadine Charlsen, who owns Northlight Studios on Depot Street and served as president of the River Arts District from 2018 to 2021. Asheville’s River Arts District in 2018. Nadine Charlsen, owner of Northlight Studios, Asheville, N.C. Andrea Kulish Wilhelm, an artist and teacher who specializes in pysanky, or Ukrainian Easter eggs, has been walking down to the River Arts District every day since Helene swept through.
Persons: Helene, , Max Trumpower, Hurricane Helene, Nadine Charlsen, Vic Isley, George Rose, Katie Cornell, ArtsAVL, she’s, Andrea Kulish Wilhelm, Kulish Wilhelm, can’t, Charlsen, ” Charlsen Organizations: Arts, Asheville, Visitors, , Explore, Northlight Studios, River Arts District, Arts District, Pink Dog, Cornell Locations: Asheville, North, Hurricane, North Carolina, Asheville’s Buncombe, Explore Asheville, N.C
I later moved to London and felt disappointed — it was harder to build community in a big city. AdvertisementOur town in Canada immediately felt like homeThere was a lot of beauty we could access for free or cheap in the Canadian Rockies. At the same time, the cost of living in London felt astronomical compared to Banff. London just didn't have the same sense of community as our town in Canada. For me, our town in the Rockies felt more like home, and I'd still move back in a heartbeat.
Persons: , texted, I'd, Canadians —, it'd, Alexander Spatari, we'd, would've Organizations: Canadian Rockies, Service, thipjang, Canadians, Rockies, National Insurance Locations: Australia, London, Banff, Canada, American, Europe, South America
During a virtual roundtable, we asked Business Insider's Workforce Innovation board to tell us how AI would transform companies over the next year. How will the most innovative companies be transformed by AI over the next 12 months? Last year, we had an AI challenge across the company, and a huge percentage of our employees participated. There are a lot of different points of view on what AI will and will not do and how quickly. And that the promise we think AI is going to deliver will probably take longer than we think to come to fruition.
Persons: Tim Paradis, Vinod Khosla, Khosla, upskilling, Justina Nixon, Nixon, Saintil, AARP's Marjorie Powell, Powell, Chris Deri, Anant Adya, Marjorie Powell, Alicia Pittman, We've, We're, It's, coder, Maggie Hulce, Salesforce, what's, Chen, we've, Weber, everybody's, Anant, Shane Koller, Tipton Organizations: Sun Microsystems, Weber, IBM, Saintil, Infosys, AARP, Boston Consulting, Clear, Federal Housing Finance, Street Locations: Dreamforce, San Francisco, Tipton
Democratic vice presidential candidate Tim Walz conceded Tuesday night that he “misspoke” in the past when he claimed that he was in Hong Kong during the crackdown in Tiananmen Square in which China’s military attacked and killed pro-democracy demonstrators. The Minnesota governor said that he had been in Hong Kong during the summer of the Tiananmen Square protests, but not in June 1989, when the crackdown took place in and around the square in Beijing, the Chinese capital. The admission comes after news accounts contradicted Walz’s past contention that he was in Hong Kong as the deadly protests unfolded. Walz’s false claim that he was in Hong Kong during an epochal event in world history creates a vulnerability that Republicans will surely look to exploit. Walz first went to China after graduating from college in 1989, stopping first in what was then the British colony of Hong Kong.
Persons: Tim Walz, Sen, JD Vance, Walz, “ I’ve, ” Walz, , , Kamala Harris, Donald Trump can’t, Hong Kong “, Harris, Walz misspoke Organizations: Democratic, Republican, Minnesota Public Radio Locations: Hong Kong, Minnesota, Beijing, China, British, Foshan, Harvard’s, Nebraska
Constant companionAdventurer Tom Turcich spent seven years walking around the world with his dog Savannah. When asked if he believes he would have managed to complete the journey without Savannah, Turcich says he’s not sure. I can’t imagine doing it without her, in hindsight.”Turcich has written a memoir, The World Walk, about his experiences during the incredible trip. “The World Walk was never about any record or anything like that,” he says. “I think walking around the world, if you really want to do it, it’s an incredible way to live a life.
Persons: Savannah, Tom Turcich, couldn’t, Turcich, ” Turcich, Anne Marie, Shannon, , , Forrest Gump, Tom Hanks, Bonnie Snyder, he’d, Bonnie, Cleo, Snyder, she’d, I’m, Steven Newman, Karl Bushby, he’s, “ Bonnie’s, you’re, , It’s, “ It’s, I’ve, haven’t, it’s Organizations: CNN, Turcich, Guinness World Records, Guinness Locations: New Jersey, Haddon Township, Savannah, Chile, Panama, Kazakhstan, Seattle, Austin , Texas, Turkey, Georgia, Tbilisi, Istanbul, Sicily, Malta, Kentucky
"While rescheduling has advanced, and if adopted it would mark the largest incremental step forward in federal cannabis reform to date, the fact remains that it is not completed." In late August, Trump departed from his usual stance that cannabis legalization should be left up to each individual state. "The fact that both Republican and Democratic Presidential candidates now support federal cannabis reform increases the probability that federal cannabis legalization is simply a matter of time," said Bernstein analyst Nadine Sarwat, in a recent note. However, while candidate support has boosted the market, Bernstein also noted that growth has been stagnant in the category as it faces macro headwinds. "Despite all the headlines regarding potential federal reform, state-level sales performance is sobering," Sarwat said.
Persons: Kamala Harris, aren't, Harris, Harris's, Jason Wild, Biden, Brady Cobb, Cobb, Emily Paxhia, Donald Trump's, Trump, Bernstein, Nadine Sarwat, Sarwat Organizations: White, Democratic, Toronto Stock Exchange, Drug Enforcement Administration, Poseidon Investment Management, Cannabis ETF, Republican, Democratic Presidential Locations: Washington ,, United States, Florida
CNN —New Zealand has reclaimed the world record for the largest mass Haka, with thousands packing a major stadium on Sunday for a resounding performance of the traditional Māori routine. New Zealand band Six60 perform for participants gathered in a world record attempt for the largest mass Haka at Eden Park in Auckland on September 29, 2024. They huffed out their chests, stomped on the floors, and stuck their tongues out to make intimating facial expressions, according to a video posted on Haka Record’s official Instagram. CNN has reached out to Guinness World Records for comment. New Zealand filmmaker-actor Taika Waititi, second from right, and US TV host Conan O'Brien, second from left, at Eden Park in Auckland on September 29, 2024.
Persons: Six60, DJ Mills, Nick Sautner, it’s, , , Brian Sobel, Sobel, Taika Waititi, Conan O'Brien, Conan O’Brien, David Tua, Ka, Te Rauparaha Organizations: CNN, national rugby team, Blacks, Getty, Eden, Haka Record’s, Therapy, Radio New Zealand, Guinness World Records, getty, Haka, New Zealanders, Health Authority Locations: Zealand, Haka, New Zealand, Auckland, Eden, AFP, Conan O’Brien , New Zealand
After being fired from her last job, she started her own business and is set to earn more than ever. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . When I switched to my second job out of college, I received a salary increase of about 20% and I felt like the possibilities were endless. I would say job pivoting has not only paid off in terms of my earnings increasing, but also my mental wellbeing. I now report to no one but myself, and I finally get to make a living on my own terms.
Persons: Megan Lieu, Lieu, , I've, who's Organizations: Service
New York CNN —WeightWatchers CEO Sima Sistani, who pushed the company into embracing weight-loss drugs, is leaving the position after a two-year stint. “These medications have shown, and science has evolved to say, that living with obesity is a chronic condition. Winfrey joined the board in 2015 and bought a 10% stake, immediately giving the beleaguered company relevance. Tara Comonte, a WeightWatchers board member and a former CEO of Shake Shack, will become the interim CEO effective immediately, the company said in a release. Prior to joining the company in June 2023, she was the CEO of a fertility technology company.
Persons: Sima Sistani, ” Sistani, Oprah Winfrey, Winfrey, Tara Comonte, Comonte’s, , Thilo Semmelbauer Organizations: New, New York CNN, CNN, National Museum of, Shake Locations: New York
WeightWatchers' CEO of roughly two years, Sima Sistani, is out. AdvertisementIt's been a bumpy year for WW International, the company also known as WeightWatchers. In a leadership shake-up Friday, the weight-loss company announced CEO Sima Sistani is stepping down after roughly two years — effective immediately — and board member Tara Comonte is stepping up to serve as interim chief. Sistani helped push the company into the weight-loss drug space in 2023 through the $106 million acquisition of telehealth platform Sequence — which is now called WeightWatchers Clinic, and which prescribes weight-loss drugs like Ozempic and Wegovy. The telehealth purchase marked something of a pivot from the group support meetings and calorie-tracking menus WeightWatchers is known for, though the company also launched a behavioral program for patients on Ozempic.
Persons: WeightWatchers, Sima Sistani, , It's, Tara Comonte, Sima, Thilo Semmelbauer, Sistani, haven't, Comonte, Oprah Winfrey Organizations: Service, WW International, WeightWatchers, WeightWatchers Clinic, CNN, Life Sciences, Shake, Business, Smithsonian's National Museum of
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