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☆ Larry Ellison says he and Elon Musk 'begged' Jensen Huang for GPUs over dinner
▼ + stars: | 2024-09-16 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +1 min

Larry Ellison said he and Elon Musk begged Nvidia's Jensen Huang for more GPUs at a dinner. Ellison also discussed Oracle's AI ambitions, including building a supercomputer with Nvidia GPUs. AdvertisementLarry Ellison really, really wants to get his hands on more Nvidia GPUs. The Oracle cofounder and chairman said he had dinner with Elon Musk and Nvidia chief Jensen Huang at Nobu in Palo Alto, where the longtime friends were "begging" Huang for GPUs. On Oracle's earnings call last week, Ellison said: "I would describe the dinner as me and Elon begging Jensen for GPUs."

Persons: Larry Ellison, Elon Musk, Nvidia's Jensen Huang, Ellison, —, Jensen Huang, Huang, Elon, Jensen Organizations: Nvidia, Service, Oracle, Business Locations: Nobu, Palo Alto

☆ 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

☆ From Ukraine to Hawaii, associates of Trump assassination attempt suspect say his ‘delusion of grandeur’ and odd behavior left them questioning his mental state
▼ + stars: | 2024-09-16 | by ( Isabelle Chapman | Casey Tolan | Curt Devine | ) edition.cnn.com time to read: +16 min

In one tweet, Routh wrote that “I would like to invite you to Hawaii for vacation. Newsweek Romania journalist Remus Cernea, one of the people listed on the website, told CNN he met Routh in Kyiv’s Maidan Square in June 2022. Tracy Fulk, a Greensboro police officer at the time, told CNN that the incident started when she pulled Routh over for a traffic stop. Audrey McAvoy/APA Hawaiian man who gave Routh’s company a bad review on Facebook told CNN he was unsettled by Routh’s response to the criticism. “We must push forward with logical leadership that supports the ones that wish to accomplish great things,” Routh wrote in one post.

Persons: Donald Trump, Ryan Wesley Routh, Joe Biden, “, Ukraine ”, Volodymyr Zelensky, Routh, hadn’t, Biden, Zelensky, Ryan Routh's, Trump, Routh’s, –, ”, Tulsi Gabbard, Beto O’Rourke, Tom Steyer, Elizabeth Warren, Andrew Yang, Joe, hillary, ” Routh, Kim Jong Un, ” Zelensky, Routh’s fiancée, Kathleen Shaffer, Shaffer, Efrem, Semafor, Oleksandr Shaguri, ” Michael Wasiura, ” Wasiura, ” Evelyn Aschenbrenner, Aschenbrenner, ” Aschenbrenner, Ryan O’Leary, ” O’Leary, Remus Cernea, Cernea, it’s, ” Cernea, barricading, Tracy Fulk, Fulk, ” Fulk, didn’t, ” Ryan Routh's, Audrey McAvoy, Saili Levi, Levi, you’re, ” Levi, Ryan Routh ”, Nelli Black, Benjamin Brown, Scott Glover, Lex Harvey, Winter, Rob Kuznia, Kyung Lah, Daniel Medina, Gianluca Mezzofiore, Rob Picheta, Puy Kamp, Sabrina Shulman, Teele Rebane, Adam Renton, Jessie Yeung Organizations: CNN, Twitter, Trump, Martin County Sheriff’s, Martin County Sheriff's, Facebook, Service, Republican, X, Machine, Commission, Democratic, North, “ WE, New York Times, Ukraine’s Land Forces Command, Legion, country’s International, Army National Guard, Global Citizen, Taiwan, Taiwan Foreign Legion, Newsweek Romania, Greensboro, Sheriff’s Office, Guilford County North Carolina Sheriff’s, Honolulu Star, Star, Advertiser, Honolulu, roosters Locations: Ukraine, Hawaii, Afghanistan, Ukrainian, Honolulu, Oahu, Florida, Martin County, Russia, Zelensky, American, Kyiv’s, Kyiv, Taiwan, North Korea, China, Kyiv’s Maidan, North Carolina, Greensboro, Guilford, Guilford County North Carolina, Kaʻaʻawa, Oahu Island, Oran, Majlie

☆ Chefs share the 5 best things to order at an Italian restaurant — and 6 you should skip if you want value
▼ + stars: | 2024-09-16 | by ( Sophia Mitrokostas | ) www.businessinsider.com time to read: +1 min

Some dishes at Italian restaurants are worth ordering, but others you're better off making at home. 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 . AdvertisementMany Italian restaurants serve up tasty classics, but not everything on the menu is equal. Here's what to order and what to avoid next time you visit an Italian eatery.

Persons: margherita, e pepe, — Organizations: Service, Business Locations: Italian

☆ ‘All of a sudden we heard shots’: Trump recounts apparent assassination attempt
▼ + stars: | 2024-09-16 | by ( Kate Sullivan | ) edition.cnn.com time to read: +1 min

CNN —Former President Donald Trump on Monday publicly recounted the apparent assassination attempt against him in detail for the first time, praising US Secret Service, other law enforcement and the witness who took a photo of the suspect’s car that helped lead to his apprehension over the weekend. “I was playing golf with some of my friends, it was on a Sunday morning and very peaceful, very beautiful weather, everything was beautiful, it’s a nice place to be. And all of a sudden we heard shots being fired in the air, and I guess probably four or five, and it sounded like bullets. But Secret Service knew immediately it was bullets, and they grabbed me, and I think probably the other one, Steve is one of the people. Steve Witkoff, a great friend of mine,” Trump said during an X Spaces conversation in which he was expected to launch a new cryptocurrency business.

Persons: Donald Trump, “, Steve, Steve Witkoff, ” Trump Organizations: CNN, Service

☆ 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

☆ The Pre-Market Rundown: September 16, 2024
▼ + stars: | 2024-09-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNews Update – Pre-MarketsCNBC brings you fast, accurate, and actionable business news and market updates.

Organizations: CNBC

☆ United inks deal with Elon Musk's SpaceX to offer free WiFi on flights
▼ + stars: | 2024-09-16 | by ( Tom Carter | ) www.businessinsider.com time to read: +1 min

United Airlines will soon offer free WiFi via Elon Musk's Starlink service on all its flights. United is the latest airline to use Starlink, after Hawaiian airlines and regional carrier JSX. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementUnited Airlines is turning to Elon Musk's satellite service to offer free WiFi on its flights. The airline announced on Friday it had struck a deal with SpaceX and will soon provide free WiFi on all its aircraft using the company's satellite internet provider, Starlink.

Persons: Elon Musk's, —, United Organizations: Airlines, Elon, JSX, Service, SpaceX, Business Locations: Elon

☆ 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

☆ Bill Gates says this is how he’d start Microsoft again from scratch today: It's a 'fantastic opportunity'
▼ + stars: | 2024-09-16 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

If Bill Gates had to start all over again, he'd join the artificial intelligence arms race with an "AI-centric" startup, he says. "Today, somebody could raise billions of dollars for a new AI company [that's just] a few sketch ideas," the billionaire Microsoft co-founder tells CNBC Make It. Gates researched the AI industry for his upcoming Netflix docuseries "What's Next? But AI will be transformative enough as it grows for any new tech startup to consider how it can fit into that industry, Gates says. "I was lucky that my belief in software made me unique," says Gates, adding: "Just believing in AI, that's not very unique.

Persons: Bill Gates, he'd, Gates, Allen, that's Organizations: Microsoft, CNBC, Google, Nvidia, Netflix, CNN

☆ Apple leads tech sell-off after analyst warns of light iPhone 16 demand
▼ + stars: | 2024-09-16 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +3 min

Apple shares were down 3% on Monday, leading a drop in the wider tech sector. The slide came after analyst Ming-Chi Kuo warned of light iPhone 16 demand. The lack of demand for the newest iPhone is likely because Apple has yet to roll out its most anticipated new feature, Apple Intelligence, Kuo said. Advertisement"One of the key factors for the lower-than-expected demand for the iPhone 16 Pro series is that the major selling point, Apple Intelligence, is not available at launch alongside the iPhone 16 release," Kuo said in a Sunday note. "In that case, I believe that Apple will implement more aggressive iPhone product strategies in 2025 to stimulate market demand," Kuo said.

Persons: Ming, Chi Kuo, —, TF International Securities analyst Ming, Kuo Organizations: Apple, Semiconductor, Nasdaq, Service, TF International Securities analyst, Apple Intelligence, Dow Jones, Micron, Broadcom, Inc, Taiwan Semiconductor Manufacturing Company

☆ I stayed in a 250-square-foot tiny home for the first time. Here are 10 things that surprised me the most about it.
▼ + stars: | 2024-09-16 | by ( Joey Hadden | ) www.businessinsider.com time to read: 1 min

Since it was advertised as being on wheels, I figured the tiny home would feel like a mobile home, but this house didn't look like it was going anywhere. Joey Hadden/Business InsiderThe type of tiny home I stayed in had wheels meant to be pulled by a trailer, but this particular home didn't look like it had been moved recently. Located in the hidden yard of a larger home, the home was positioned against a wall with cinder blocks for a foundation. Its wheels were not visible from the accessible side, and I thought that moving it would be no easy feat since it was far from the street. This didn't deter me from the lifestyle, since I wouldn't want to move my hypothetical future tiny house, even if I had the option.

Persons: Joey Hadden

☆ The 5 worst states for gender equality — and the 5 best
▼ + stars: | 2024-09-16 | by ( Mykenna Maniece | ) www.businessinsider.com time to read: +1 min

WalletHub released its ranking of the best and worst states for gender equality in 2024. Utah is the worst state for gender equality. 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 . AdvertisementIn June 2024, the World Economic Forum released its "Global Gender Gap Report 2024," which documented the state of gender equality using economic participation and opportunity, educational attainment, health and survival, and political empowerment as its dimensions.

Persons: WalletHub, — Organizations: Utah, Service, Economic, US, Business

☆ Former MoviePass CEO Mitch Lowe has pleaded guilty to securities fraud conspiracy
▼ + stars: | 2024-09-16 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +1 min

Former MoviePass CEO Mitch Lowe has pleaded guilty to securities fraud conspiracy. Lowe's actions as CEO helped push MoviePass and its parent company into bankruptcy in 2020. AdvertisementMitch Lowe, the former CEO of MoviePass, has pleaded guilty to securities fraud conspiracy, Variety reported on Monday. Lowe, whose actions as CEO helped drive the popular movie-ticket-subscription app into bankruptcy, admitted to conspiring to deceive the public and investors. "Mitch is a good man who is looking to move forward with his life," Margot Moss and David Oscar Markus, Lowe's lawyers, said in a statement to Business Insider.

Persons: Mitch Lowe, Lowe, —, Mitch, Margot Moss, David Oscar Markus, Lowe's Organizations: Service, Variety, Business

☆ 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

☆ Gen Z and millennials are propping up the economy — with help from their parents, 'Oracle of Wall Street' says
▼ + stars: | 2024-09-16 | by ( Filip De Mott | ) www.businessinsider.com time to read: +4 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAccording to a Harris poll from September 2023, about 45% of adults aged 18 to 29 were still living with their parents. However, the "Oracle of Wall Street" economist — so known for correctly predicting the 2008 crisis — did not foresee a recession, given that stronger cohorts would continue to power the economy. Aside from Gen Z and millennial consumers, top-earners are also helping keep the US economy afloat, Whitney noted. Those raking in over $150,000 are still active in the economy, though buying has shifted toward essentials over discretionary products.

Persons: —, Meredith Whitney —, Harris, Whitney, McDonald's, Gen Z Organizations: Service, Financial Times, Business, Whitney, US Bureau of Labor Statistics, Dollar

☆ 'Shark Tank' star Kevin O'Leary says get married sooner, have more kids — and forget about the costs
▼ + stars: | 2024-09-16 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +1 min

Kevin O'Leary says people should get married sooner and have more children. The "Shark Tank" star wishes he had kids a decade earlier so he could have been a young parent. Go to newsletter preferences Thanks for signing up! "I wish I'd had my kids 10 years earlier," the "Shark Tank" star said in a Fox Business clip shared on his social media over the weekend. And I love my kids but, boy, I wish I had more time with them at a younger age," he added.

Persons: Kevin O'Leary, O'Leary, —, I'd Organizations: Service, Fox

☆ Welcome to interest-rate cut week: Here's how the Fed's next move will impact everything from home prices to new cars loans
▼ + stars: | 2024-09-16 | by ( Madison Hoff | Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

According to CME FedWatch, which estimates interest rate changes based on market predictions, the size of the rate cut is a coin toss. As of Friday afternoon, there's a 51% chance the Federal Reserve will cut rates by 25 basis points and a 49% chance it'll be an extra-large 50-basis-point cut. That's because a larger rate cut makes borrowing cheaper, which tends to drive up spending and fuel price increases. Rate cuts will also eventually make it cheaper for small businesses to take out loans. A rate cut could cause a rush of buyers to enter the market in the short term, driving up prices and competition.

Persons: Jerome Powell, Michael Madowitz, she's, McTier, it'll, Mark Hamrick, Banks, Hamrick, NerdWallet, Sara Rathner Organizations: Service, Federal, CME FedWatch, Federal Reserve, Business, Washington Center for Equitable Growth, Fed, Consumer Financial, Bureau, asheffey Locations: Jackson Hole , Wyoming, McTier

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

☆ We are 50 days from the US presidential election. Here's where things stand.
▼ + stars: | 2024-09-16 | by ( John L. Dorman | ) www.businessinsider.com time to read: +6 min

Read previewThe US presidential election is just 50 days away and the contest between Vice President Kamala Harris and former President Donald Trump remains as competitive as ever. Trump won it in 2016. Biden won it in 2020. Both campaigns continue to pour considerable time and financial resources into Pennsylvania, where Democratic candidates have won every presidential election since 1992 except for one — when Trump won it in 2016. Andrew Harnik/Getty ImagesWhile Harris' debate performance went a long way in assuaging some voters regarding her ability to lead the country, some are still undecided.

Persons: —, Kamala Harris, Donald Trump, Harris, Trump, Joe Biden, Biden, North Carolina —, Win McNamee, Tim Walz, Walz, Ohio Sen, JD Vance, Gretchen Whitmer, Vance's, it'll, Andrew Harnik, Vance, eludes Trump Organizations: Service, Business, FBI, Trump, Palm, ABC, Democratic Party, Biden, Congressional, Ohio, Gov, Democratic, GOP, Republican Locations: Palm Beach, Florida, Butler , Pennsylvania, Philadelphia, Arizona , Georgia, Nevada, North Carolina, Michigan , Pennsylvania, Wisconsin, Omaha, Minnesota, Michigan, Pennsylvania, Arizona, Georgia, New Hampshire, Virginia, New York City, assuaging, Springfield , Ohio

☆ Ohio's Republican governor is fed up with lies about pet-eating in Springfield: 'This discussion just has to stop'
▼ + stars: | 2024-09-16 | by ( Joshua Nelken-Zitser | ) www.businessinsider.com time to read: +1 min

DeWine emphasized that the claims were false and called for the discussion to stop. However, he repeatedly refused to blame Donald Trump or JD Vance for spreading the falsehoods. 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 . Mike DeWine, a Republican, denounced the baseless rumors about Haitian immigrants eating pets in Springfield on Sunday, labeling the claims as "garbage" during an interview.

Persons: Mike DeWine, Donald Trump, JD Vance, —, Ohio Sen Organizations: Gov, Service, Republican, Ohio, Business Locations: Ohio, Springfield

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's how North Carolina became one of America's top states to do businessNorth Carolina's Research Triangle, anchored by Raleigh, Durham, and Chapel Hill, has one of the country's fastest growing economies due to its growing tech scene, high access to talent, pro-business environment and low cost of living. Watch the video to learn how this small region in the U.S. is got to where it is today.

Locations: North Carolina, Raleigh, Durham, U.S

☆ Trump is days away from being able to dump his Trump Media stock for a massive payday
▼ + stars: | 2024-09-16 | by ( Grace Eliza Goodwin | Geoff Weiss | ) www.businessinsider.com time to read: +1 min

Donald Trump can sell his Trump Media stock soon, potentially scoring a huge payout. The lockup period for Trump Media shares ends September 25, or earlier if some conditions are met. Trump's stake in Trump Media is worth about $2 billion, over half his total net worth. Go to newsletter preferences Thanks for signing up! The potential source of the wealth is the Republican presidential nominee's company Trump Media, which owns his platform, Truth Social.

Persons: Donald Trump, Trump's, —, Trump Organizations: Trump Media, Service, Republican, Nasdaq

☆ Newly released satellite images show the bridges Ukrainian strikes destroyed inside Russia
▼ + stars: | 2024-09-16 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Read previewSatellite images newly released by the British defense ministry show several destroyed bridges in Russia after Ukrainian strikes. The satellite images, which were captured last month but only released on Saturday, show the aftermath of Ukrainian strikes on one road bridge and two pontoon bridges in Kursk. AdvertisementRussia can use its floating pontoon bridges, which are temporary, to ferry personnel and military equipment across the Seym. These bridges came into play as Ukrainian strikes knocked out some of the more permanent structures. Related storiesUkraine has also used ground-launched weapons like the US-provided High Mobility Rocket Artillery System, or HIMARS, to strike bridges in Kursk.

Persons: —, ike, remlin, ince Organizations: Service, Business, Ministry of, Ministry of Defense, " Aviation, Air Force Locations: Russia, Ukraine, Kursk, Moscow

☆ 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

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