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☆ Body-camera footage of Trump assassination attempt suspect released
▼ + stars: | 2024-09-16 | by ( Erica Star Domena | Tamara Lindstrom | ) www.businessinsider.com time to read: 1 min

The Martin County Sheriff's Office shared footage of the suspect behind Donald Trump's second attempted assassination in West Palm Beach, Florida. Here's what we know about Ryan Wesley Routh. This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account?

Persons: Donald Trump's, Ryan Wesley Routh Organizations: Sheriff's Office, Business Locations: Martin, West Palm Beach , Florida

☆ Reskilling and investing in communities are crucial during the AI revolution, IBM's chief impact officer says
▼ + stars: | 2024-09-16 | by ( Julia Hood | ) www.businessinsider.com time to read: +5 min

Justina Nixon-Saintil is IBM's chief impact officer and a member of BI's Workforce Innovation board. This article is part of "Workforce Innovation," a series exploring the forces shaping enterprise transformation. What is the connection to workforce innovation? We also make sure that we're investing in communities that are most vulnerable due to climate change and environmental threats. They're all thinking the same thing: How can we use new technologies to understand all communities better and have a greater impact?

Persons: Justina Nixon, —, Nixon, Saintil, I've, we've Organizations: Service, IBM, CSR Locations: Singapore

☆ Why this founder swears by going meeting-free 2 days a week
▼ + stars: | 2024-09-16 | by ( Tim Paradis | ) www.businessinsider.com time to read: +1 min

Madeline Mann, CEO of Self Made Millennial, schedules no meetings on Tuesdays and Fridays. Mann found that calls disrupted her ability to focus, prompting her to block off two days each week. Go to newsletter preferences Thanks for signing up! AdvertisementA couple of years ago, founder Madeline Mann wasn't happy with how she was getting things done at work. So, the CEO of the career-coaching service Self Made Millennial decided that her calendar would remain free from meetings on Tuesdays and Fridays.

Persons: Madeline Mann, Mann, —, Madeline Mann wasn't Organizations: Self, Service, Business

☆ I moved from India to Europe for work and was living my dream. 10 years later, I walked away from it all.
▼ + stars: | 2024-09-16 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +5 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. I spent the next three years with the company in India, then moved to the company's office in Dubai for two years, and then to Amsterdam. I enjoyed being done with work by 5 or 6 p.m. and having the rest of the day to myself. I'd been watching India's growth since I left and felt like I had missed the boom by leaving in 2014. I also felt like there was no career growth for me in Europe.

Persons: —, Sarvesh Rajagopal, it's, I'd, I'm Organizations: Service, United Arab, McKinsey, Business, ING, Indian Institute of Management Locations: United Arab Emirates, Netherlands, Germany, India, Dubai, Amsterdam, Berlin, Europe, Ukraine, Latin America

☆ TikTok is fighting for its life in US court — and it's on track to lose, former DOJ official says
▼ + stars: | 2024-09-16 | by ( Natalie Musumeci | Dan Whateley | ) www.businessinsider.com time to read: +7 min

Attorneys for the US government and the widely popular social media app faced off on Monday in a federal appeals court as TikTok fights against a law that could soon see the platform banned in the country. Rozenshtein said that he believes the appeals court will rule "decisively" and "comprehensively" against TikTok. AdvertisementTikTok's lawyer argued the law 'imposes extraordinary speech prohibition'In his oral arguments on Monday, TikTok lawyer Andrew Pincus slammed the law as "unprecedented." AdvertisementThe panel of judges, at times, seemed skeptical of TikTok's arguments. After the appeals court issues its ruling, the case could end up before the Supreme Court where Rozenshtein also predicts TikTok will not fare well.

Persons: —, Alan Rozenshtein, Rozenshtein, Joe Biden, TikTok's, Biden, haven't, TikTok, Andrew Pincus, Pincus, Daniel Tenny, Sarah Kreps, Kreps, Jaffer Organizations: Service, Appeals, District of Columbia Circuit, TikTok, Business, Justice Department, University of Minnesota Law School, Chinese Communist Party, Justice, Tech, Institute, New York's Cornell University, Columbia University —, Pew Research Center Locations: TikTok's Beijing, ByteDance, China, United States

☆ Trump is blaming Harris and Biden for his assassination attempts — and fundraising off it
▼ + stars: | 2024-09-16 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +5 min

In the email, Trump insisted that he would "NEVER SURRENDER." "He believed the rhetoric of Biden and Harris and he acted on it," Trump said of Ryan Wesley Routh, the 58-year-old suspect. AdvertisementIn that assassination attempt, a Secret Service counter-sniper shot and killed the gunman who shot Trump. Related storiesTrump raised $137 million in July and the first assassination attempt may have contributed to the impressive total, the Associated Press reported. The GOP-led House has been investigating the agency's response to the first assassination attempt.

Persons: —, Donald Trump's, Trump, Biden, Harris, Ryan Wesley Routh, Routh, Bernie Sanders, Nikki Haley, Joe Biden, Kamala Harris, JD Vance, It's, Phil, Steven Cheung, Kimberly Cheatle Organizations: Service, Business, Fox News Digital, Media, Associated Press, Trump, AP, Authorities, Fox, Communist, GOP Locations: Florida, Butler , Pennsylvania, Manhattan

☆ Morgan Stanley lays out the stock market's best-case scenario for this week's Fed decision — and 2 areas to buy after the cut
▼ + stars: | 2024-09-16 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Ideally the Fed will cut rates by a half-point without triggering growth worries, Morgan Stanley says. According to new research from Morgan Stanley, that would be the best possible outcome for stocks. Ahead of the rate cut, Morgan Stanley suggested that investors increase exposure to two stock cohorts that have historically outperformed in similar environments: defensive and high-quality. Defensive stocks include sectors such as utilities and consumer staples — groups that are less reliant on macroeconomic conditions to perform well. Large caps also tend to outperform small caps both before and after the Fed's first rate cut.

Persons: Morgan Stanley, Mike Wilson, —, Morgan, cyclicals, Wilson Organizations: Service, Federal Reserve

Local governments in China are still building highways, bridges and railways, as pictured here in Jiangxi province on Sept. 6, 2024. That's cutting significantly into local government revenue, especially at the district and county level, according to S&P Global Ratings analysts. watch now"Macroeconomic headwinds continue to hinder the revenue-generating power of China's local governments, particularly as related to taxes and land sales," she said. Jiangsu, Shandong, Shanghai, and Zhejiang — some of China's top provinces in tax and non-tax revenue generation — see non-tax revenue growth exceeding 15% year-on-year growth in the first half of 2024, S&P's Huang said. China's national taxation administration in June acknowledged some local governments had issued such notices but said they were routine measures "in line with law and regulations."

Persons: Huang, P's Huang, Camille Boullenois, Laura Li, Morgan Stanley, Chetan Ahya, Robin Xing Organizations: Getty, BEIJING, Global, CNBC, NingBo BoHui Chemical Technology Locations: China, Jiangxi, Beijing, Zhejiang, NingBo, Jiangsu, Shandong, Shanghai, Asia

☆ 80-year-old billionaire Larry Ellison wins plaudits for looking 30 years younger, with longevity fanatic Bryan Johnson weighing in
▼ + stars: | 2024-09-16 | by ( Nora Redmond | ) www.businessinsider.com time to read: +1 min

Larry Ellison, the cofounder of Oracle, is praised for looking 30 years younger at age 80. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementLarry Ellison is winning praise online for looking far younger than his age. "Ellison, now 80, is doing a good job managing biological aging," Johnson, founder of payments company Braintree, wrote on X.

Persons: Larry Ellison, Antiaging, Bryan Johnson, —, Ellison, Johnson Organizations: Oracle, Service, Business Locations: Braintree

☆ 'Living death' was my dad's nickname for office work. Now I'm in my 40s — and I can see why.
▼ + stars: | 2024-09-16 | by ( Ariel Sophia Bardi | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. I'd spent carefree years bouncing around Kyrgyzstan and Lebanon, Sri Lanka and Mexico, India and Armenia. Advertisement"Living death," that's how my philosopher-slash-guitarist father had nicknamed office work. Author's view from hotel overlooking the Bay of Algiers Ariel Sophia BardiA freelance job helped me feel free againI needed to start living again. I make no comparison between their incredible courage and my own infinitely milder risks, which soon included drifting back to freelance work.

Persons: —, I'd, Trump, wasn't, Algiers Ariel Sophia Bardi, warbled, Rai, one's Organizations: Service, Business, Microsoft Locations: Algeria, Palms, Algiers, California, Kyrgyzstan, Lebanon, Sri Lanka, Mexico, India, Armenia, Oran

☆ Why this founder swears by going meeting-free two days a week
▼ + stars: | 2024-09-16 | by ( Tim Paradis | ) www.businessinsider.com time to read: +1 min

Persons: Madeline Mann, Mann, —, Madeline Mann wasn't Organizations: Self, Service, Business

☆ Future Proof gathering in California surf town is trying to reinvent the investment conference
▼ + stars: | 2024-09-16 | by ( Bob Pisani | ) www.cnbc.com time to read: +7 min

More than 4,000 people have descended here for the Future Proof conference , a vast social gathering designed to give younger registered investment advisors and other investment professionals access to what they want. What they want, apparently, is an intense desire to network with other RIAs and investment professionals and find ways to grow their business. Reimagining the financial conference Future Proof is the brainchild of Barry Ritholtz, co-founder, chairman, and chief investment officer of Ritholtz Wealth Management, and CEO Josh Brown. This is the third year for the conference, but Ritholtz and company have been doing conferences for 15 years. Ritholtz describes it as an ongoing project to reinvent the financial conference concept, which he says is "moribund."

Persons: Barry Ritholtz, Josh Brown, Ritholtz, Van Eck, Matt Middleton, Adarsh, Brett Rodgriguez, Delon Mansour, Mansour, Shyamsundar, Harris, Consulting's Brett Rodgriguez, Akash Shah, Shannon Saccocia, Raj Dhanda, Ares Management, John Christmas, RIAs, They'll, Mike Novogratz, Anna Paglia, Bryan Whalen, Saira Malik, Lauren Goodwin, Scott Wapner, DoubleLine Capital's Jeff Gundlach, CNBC's, Jan van Eck, Matt Hougan, DJ Mick, There's, Bob Pisani, Jon Maier, JP Morgan, Pisani, Jan Van Eck, Marlena Lee, That's Organizations: Ritholtz Wealth Management, JPMorgan Chase, Capital Group, Street Global Advisors, Funds, Polaris Capital Management, Graystone Consulting, Investments, Investment, Ares, HPS Investment Partners, Global, Life Investments, Bitwise, Management, Dimensional Fund Advisors Locations: HUNTINGTON BEACH, Calif, Los Angeles, Iowa, California, Huntington Beach, San Diego, Michigan, ETFEdge.cnbc.com

☆ Inside Amazon's new AI sales machine: More pressure, more pay, more speed
▼ + stars: | 2024-09-16 | by ( Eugene Kim | ) www.businessinsider.com time to read: +11 min

AdvertisementThese AWS staffers were asked to find at least one sales opportunity each month for Q, Amazon's AI assistant, and Bedrock, the company's AI platform. AdvertisementMany AWS sales teams have new performance targets tied to AI products. AdvertisementHitting these goals is important for Amazon employees because that can result in higher performance ratings, a key factor in getting a raise or promotion. The "Find One, Launch One, Ramp One" initiative includes AWS sales architects. More pressure but also more rewardsAmazon is also doling out bonuses and other forms of potentially higher pay for AI sales success.

Persons: —, Matt Garman, salespeople, AWS's, Garman, Microsoft Satya Nadella, Justin Sullivan, Q, hasn't Organizations: Service, North, Business, AWS, Messaging, Amazon, Microsoft, Google, BI, there's, Amazon Connect Locations: North America

☆ TikTok heads to court to fight for its life
▼ + stars: | 2024-09-16 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +1 min

TikTok will be in court Monday in DC to fight a law calling for it to be banned or sold. TikTok argues the law, set to go into effect in January, violates the First Amendment. AdvertisementThe TikTok ban is having its day in court. TikTok is headed to federal court in Washington, DC on Monday to fight a law that would ban it nationwide or force its sale to a US owner. First signed into law as part of a foreign aid package in April by President Joe Biden, the TikTok ban would go into effect in January.

Persons: TikTok, —, Joe Biden, there's Organizations: Service, Business Locations: Washington , DC

☆ A Gen Xer shares the saving strategy that grew his net worth from $50,000 to $1 million in 15 years
▼ + stars: | 2024-09-16 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +6 min

Read previewTodd, a 53-year-old IT professional based in Nashville, had a long journey to a six-figure salary. However, for many Americans, reaching a six-figure income could still have a significant impact on their lives. Todd shared how he's turned his six-figure salary into a $1 million net worth — and why he plans to extend his working years longer than he might need to. When Todd landed a six-figure income — and his financial circumstances began to change significantly — he didn't go on a spending spree. He hopes to pay off his mortgage before age 60 — his goal retirement age.

Persons: —, Todd, he'd, I'm, doesn't, he's, I've, Roth Organizations: Service, Business, Cisco, BI, New, Fed, American Express Locations: Nashville

Routh became animated when writing about Trump, and he frequently weighed in on US and global current events on social media. He even commented on the first assassination attempt on Trump, when the former president was wounded by a gunshot during a rally in Pennsylvania in July. According to Cernea, Routh described Russian President Vladimir Putin’s invasion of Ukraine as a “black and white… good versus evil” conflict. Hawaiian business owner Saili Levi told CNN he had paid Routh $3,800 up front to build a trailer for his business. Levi said when he asked Routh to improve the work via email, Routh ranted at him.

Persons: CNN — Ryan Wesley Routh, Donald Trump, Routh, Trump, Ryan Wesley Routh, “, ”, ” Routh, Joe Biden, Kamala Harris, “ Trump, Ryan Routh, ’, Oleksandr Shaguri, Remus Cernea, it’s, ” Cernea, Cernea, Vladimir Putin’s, “ Putin, ” Oran, Saili Levi, Levi, Routh ranted, you’re, ” Levi Organizations: CNN, US Secret Service, LinkedIn, Honolulu Star, Democratic, Trump, Global Citizen, Independence, Ukraine, Foreigners, Department, Land Forces Command, Legion, Newsweek Romania, AFP, Russia Locations: Ukraine, Taiwan, North Korea, Kyiv, Hawaii, Honolulu, North Carolina, Afghanistan, Iran, Tehran, Moscow, Pennsylvania, Ukrainian, Mariupol, Kyiv’s, United States, Oran, Florida

☆ Top Morgan Stanley bankers break down 3 common mistakes startup hedge funds make
▼ + stars: | 2024-09-16 | by ( Alex Morrell | ) www.businessinsider.com time to read: +7 min

Read previewIt's shaping up to be a bustling period for new hedge funds. Startup funds have allies in investment bank prime brokerage units, a crucial lifeline to hedge funds and a growing business on Wall Street. AdvertisementMorgan Stanley has long been home to one of the top prime brokerages, and serving hedge funds is key to the bank's equities ambitions. These are 3 of the top stumbling blocks for startup fund managers and how to handle them, according to Novick and Shaw. AdvertisementBut beyond that, continuing to engage with prospects is simply a sound business strategy.

Persons: —, Jon Caplis, Morgan Stanley, Ted Pick, Penny Novick, Kim Shaw, Shaw, Morgan Stanley's, Novick, they're, allocators, Hone, haven't Organizations: Service, Business, Viking

☆ I'm running out of things to say about Elon Musk and his terrible tweets
▼ + stars: | 2024-09-16 | by ( Peter Kafka | ) www.businessinsider.com time to read: +3 min

Read previewDid Elon Musk just tweet something terrible on Twitter? Did Elon Musk then realize it was so terrible — even by his standards — that he needed to delete that tweet? "Elon Musk says he's learned a lesson," as my colleagues at Business Insider put it. But, as always, it doesn't matter who Elon Musk has working on his Twitter ads business as long as Elon Musk keeps tweeting. AdvertisementAlso: A reminder that in addition to owning Twitter and using it to tweet terrible things, Elon Musk is the world's richest man and has enormous power.

Persons: —, Elon Musk, hadn't, Joe Biden, Kamala Harris, Tucker Carlson, Hitler, Musk, you've, Elon, he's, He's, it's, Angela Zepeda, Linda Yaccarino, José Garza Organizations: Service, Business, Twitter, Hyundai, Elon Locations: Travis County , Texas, Travis County

☆ Internal Amazon document spells out its new RTO rule forcing employees to work from an office 5 days a week
▼ + stars: | 2024-09-16 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +13 min

Read previewAn internal Amazon document details the company's new policy requiring corporate employees to work out of the office five days a week. AdvertisementThe internal "Frequently Asked Questions" document shared with employees describes how the new RTO policy will work. It has ended a policy that gave employees the option to work up to four weeks per year fully remote. Amazon provides a variety of commuter benefits and services to give employees flexibility for their commute to the office. AdvertisementWe will continue to work with employees with disabilities to identify the workplace accommodations/adjustments they need.

Persons: —, Andy Jassy, We've, Amazonians, you've, that's, I'm Organizations: Service, Monday, Business, Amazon, Puget Sound, Global Real, Design, Employees, IT Services Locations: U.S, Arlington, Europe, Americas

☆ Nvidia and more: Veteran tech investor reveals 4 stocks he backs with a 'high degree of conviction'
▼ + stars: | 2024-09-16 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +5 min

While that may give some investors pause, veteran tech investor Trent Masters continues to see promise, revealing four stocks he has a "high degree of conviction" in. They are: Nvidia , Motorola Solutions , Trane Technologies and Sherwin-Williams . Trane Technologies Beyond the traditional tech plays, Masters is betting on Trane Technologies, a company specializing in heating, ventilation, air-conditioning and refrigeration systems. The average price target for Trane Technologies is $361.46, according to FactSet data, giving it a 0.8% discount. Sherwin-Williams Outside tech, Masters likes paint manufacturer Sherwin-Williams thanks to its "very strong ... business (with a) good returns profile."

Persons: Trent Masters, Sherwin, Williams, CNBC's, Jensen Huang's, Masters, — CNBC's Jim Cramer Organizations: Nvidia, Motorola Solutions, Trane Technologies, Sydney, Alphinity Investment Management, Motorola, Land Mobile

☆ Amazon is selling a ton of toilet paper and everyday items. Here’s why that’s a problem for investors
▼ + stars: | 2024-09-16 | by ( Paulina Likos | ) www.cnbc.com time to read: +9 min

Faster delivery is prompting more and more people to turn to Amazon to buy paper towels and other everyday items. The growing prevalence of one- and same-day delivery has made Amazon a much more convenient to place to shop for everyday essentials. "If people buy everyday essentials on Amazon, they're more likely to buy other products too," said Jeff Marks, the Club's director of portfolio analysis. This added convenience in ordering everyday essentials from Amazon comes at a challenging time for physical retailers known for selling those same products. The company likes "to be in the consideration set for consumers" in the everyday essentials since it helps drive market share gains, Olsavsky said.

Persons: –, it's, Jeff Marks, Andy Jassy, Jassy, Gil Luria, Davidson, We've, Jim Cramer, Amazon's, Brian Olsavsky, Olsavsky, Wells, Ken Gawrelski, Gawrelski, Morgan Stanley, we're, Davidson's Luria, Luria, Jim, Jim Cramer's, Angus Mordant Organizations: Walgreens, CVS, Aid, D.A, Amazon, CNBC, Bloomberg, Getty Locations: Target, North America, New York

☆ My family immigrated to the UK with nothing when I was 5. Now I run a fitness empire that made $70 million last year.
▼ + stars: | 2024-09-16 | by ( Rachel Hosie | ) www.businessinsider.com time to read: +8 min

I was an immigrant child, and growing up in the UK in an Albanian family wasn't easy. It's ironic, given that I now run two fitness businesses and my main passion is getting women into strength training. I now run two fitness businesses that combined made over $70 million last year. What strength training does for your mind and body is profound; it's so empowering. It was good for SEO but contradicted our message and ethos, which is that strength training is about more than just how your body looks.

Persons: —, Krissy Cela, — I'd, Jack Bullimore, I've, David, Lukas Kurzmann, I'd, We've, Oner, I'm Organizations: Service, Business Locations: London, LA, Albania, Greece, PE

☆ Amazon drops the hammer on remote work and orders employees back to the office 5 days a week starting January
▼ + stars: | 2024-09-16 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +11 min

The rule further tightens the requirement from last year that workers be on-site at least three days a week. "If anything, the last 15 months we've been back in the office at least three days a week has strengthened our conviction about the benefits," Jassy said. And Meta's Mark Zuckerberg helped kick off the org-chart flattening trend when he criticized "managers managing managers" at the start of his "year of efficiency" in 2023. If anything, the last 15 months we've been back in the office at least three days a week has strengthened our conviction about the benefits. Before the pandemic, not everybody was in the office five days a week, every week.

Persons: Jassy, we've, Jassy's, Mark Zuckerberg, Dominick, we're, I've, it's, It's, Andy Organizations: Walmart, Bloomberg, Business, Healthcare, U.S, Puget Sound Locations: NYC, Arlington, Europe

☆ Inside Man Group's rebuild of a key platform that will change the way the giant hedge fund analyzes data and manages risk
▼ + stars: | 2024-09-16 | by ( Bianca Chan | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The new platform, called Condor, was initially designed to replace a cobbled-together patchwork of different systems — some built more than a decade ago — underpinning Man AHL, the firm's systematic-trading arm. Over time, Man built different systems to trade them all. With Condor, Fitzgerald wants to bring those together — the research, the trading, and the logging — into a single platform. But software engineers adding functionalities, risk teams managing exposure, and support teams ensuring trading systems are running will also be using Condor.

Persons: —, Barry Fitzgerald, Fitzgerald, cohead, it'll, Condor Organizations: Service, Business, Condor, Man AHL, AHL

☆ Stocks making the biggest moves before the bell: Apple, Intel, Alcoa, Micron Technology and more
▼ + stars: | 2024-09-16 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Apple — The technology stock fell more than 2% following analyst reports that early shipping data may signal softer demand for iPhone 16 Pro models. Intel — The semiconductor stock rose 1.3% before on the bell. Micron Technology — The semiconductor stock slid 2.8% after Morgan Stanley cut its price target by a whopping $40 to $100. ASE Technology — The semiconductor packager added 1.7% on the heels of a Morgan Stanley upgrade to overweight from equal weight. Zillow — The real estate stock rose more than 2% after an upgrade to outperform from neutral from Wedbush.

Persons: Donald Trump, Bausch, Morgan Stanley, Morgan Stanley's, Wells, Ally, downgrades, Zillow, —, Jesse Pound, Sarah Min, Sean Conlon, Samantha Subin Organizations: Trump Media & Technology, Republican, Holdings, Apple, Financial Times, Alcoa, Intel, Bloomberg, Micron Technology, Technology, Colgate, Palmolive, Bank of America, Zillow Locations: California, Wells Fargo

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