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The government has pledged $11 billion to help it recover, but local authorities want $34 billion. Related VideoHowever, a day earlier, the province's president, Carlos Mazón, said local authorities had asked for an initial package equivalent to about $34 billion. The floods affected many economic sectors, including agriculture, industry, and services, it said. Local authorities on Sunday said that the heavy rains — part of a phenomenon known as "cold drops" — had caused "unprecedented" damage to infrastructure and human life. At a press conference on Tuesday, Sánchez declared Valencia a disaster area, paving the way for extra funding for local authorities.
Persons: , Pedro Sánchez, Carlos Mazón, Mazón, Lauren Dauphin, Cristina del Rey, Ford Spain, Sánchez Organizations: Service, Spain's State Meteorological Agency, Spanish, NASA, Commerce, Ford, Aon Spain Foundation Locations: Valencia, Spain, Western Europe, Belgium, Germany
Chinese Premier Li Qiang spurred market expectations for more stimulus in a speech. China's services activity and business confidence rose in October, boosting market sentiment. Beijing is monitoring the US presidential election and may adjust its fiscal stimulus based on its outcome. He also drummed up market expectations for more economic stimulus, saying Beijing has "ample space for fiscal policy and monetary policy." AdvertisementBeijing is likely to roll out a bigger stimulus to buffer market volatility if Republican candidate Donald Trump wins, Varathan wrote.
Persons: Li Qiang, , Li's, Wang Zhe, Wang, Hong, Harris, Vishnu, Mizuho Bank's, Donald Trump, Varathan Organizations: Service, P Global, Protesters, Caixin Insight, Deutsche Bank, PMI, National People's Congress, Trump Presidency, Reuters Locations: Beijing, China, Asia, Japan
"Sweet Bobby: My Catfish Nightmare" is the latest true crime documentary to hook Netflix viewers. Advertisement"Sweet Bobby: My Catfish Nightmare" is the latest internet scammer documentary to grab the attention of Netflix viewers. But within that genre, internet-focused crime documentaries are thriving on the streamer. AdvertisementIn 2022 Netflix's "The Tinder Swindler" became one of the streamer's most-watched documentaries, sparking memes and raising awareness of dating app scams. Here are seven internet-focused true crime shows and documentaries to watch after "Sweet Bobby: My Catfish Nightmare."
Persons: Bobby, , Jeffrey Dahmer Organizations: Netflix, Service
A couple in France found human remains in their attic during home renovations. The bones likely belong to a former owner who went missing 15 years ago, a local prosecutor said. AdvertisementA couple were doing work on their recently purchased property in northeastern France when they made a chilling discovery — human remains in the attic. The property owners weren't named. AdvertisementHowever, Glady told AFP that the skeleton "very likely" belonged to the former homeowner, who disappeared in 2009 when he was 81.
Persons: , Olivier Glady, Glady, Randall Bell, Experian, Benoit Vautrin, Républicain Lorrain, Aloïs Iffly Organizations: Service, Business, AFP, Landmark Research, Strasbourg Institute, Forensic Medicine, Local Locations: France, Erstroff
I moved from the US to Germany 14 years ago and am now raising a kid here. AdvertisementWhen asked where I'm from, saying I'm American" doesn't suffice. Sadly, I'm also still stuck in my native English head, which doesn't delineate between a formal and informal "you," either. We're three hours by train from Amsterdam, three and a half hours by train from Paris, and four hours by train from London. Despite all the mistakes, misunderstandings, and episodes of embarrassment, I can honestly say that I'm grateful for everything living in Germany has brought me.
Persons: , I've, it's, JENS SCHLUETER, I'm, We've Organizations: Service Locations: Germany, United States, Los Angeles and New York, Europe, Amsterdam, Paris, London
Striking Boeing workers voted in favor of a 38% pay rise. The latest big victory for US labor unions could inspire others despite the tense process. AdvertisementThe machinists' victory is the latest to highlight the power of labor unions in the US. It has been a tense road for the roughly 33,000 unionized Boeing workers who began their strike on September 13. That may only grow more common as workers find inspiration from others' victories, something noted by the president of the Boeing union.
Persons: we've, Joe Biden, , Gary R, Allen, Julie Su, Brian Bryant Organizations: Boeing, Service, International Association of Machinists, Aerospace Workers, IAM Union, IAM, Territory, machinists, Teamsters, United Auto Workers, National Labor Relations Board, US Locations: Seattle, United States
OpenAI is one step closer to becoming a for-profit company. A for-profit structure would be much more conventional for the investors OpenAI is courting. Reports of the California attorney general's involvement in the process indicate the company is one step closer to formalizing the unprecedented shift, which would require the attorney general's approval. Neither OpenAI nor the California attorney general's office immediately responded to Business Insider's request for comment. A for-profit structure would be much more conventional for the big-name investors OpenAI is increasingly courting, including Microsoft and Nvidia.
Persons: , Sam Altman, general's, OpenAI, Rob Bonta, Bret Taylor Organizations: Bloomberg, Service, Microsoft, Nvidia Locations: California, Delaware
The UN Security Council met on Monday to press North Korea on nuclear non-proliferation. But North Korea instead doubled down on its nuclear plans, declaring that it will accelerate its program. "There will ever never be any change in this line," he added, referring to North Korea as a "responsible nuclear weapon state." The US says North Korea 'emboldened' by Russia and ChinaThe US, in turn, accused Russia and China of protecting North Korea. South Korea said earlier this year that in return, North Korea has been acquiring food, raw materials, and tech expertise from Russia.
Persons: , Kim Song, Kim Jong, Kim, Robert Wood, Mark Rutte Organizations: UN Security, Service, Pyongyang, United Nations, North, UN, UN Security Council, DPRK, Russian, NATO Locations: Korea, Pyongyang, North Korea, United, North Korean, Japan, South Korea, United States, Russia, China, Moscow, Beijing, Ukraine
Helping fund that growth has been growing demand for retirement products, said CEO Marc Rowan. Here's Rowan's case for why your nest egg is the next frontier for the alternative asset manager. Helping to fund those loans is Apollo's retirement business, which Apollo CEO and cofounder Marc Rowan sees as the investment firm's "single biggest opportunity" for future growth. A slide from Apollo's earnings presentation that highlights inflows into Apollo's lines of business. Advertisement"I do envision a day when we will be talking about 60-40 portfolios that are comprised of public and private," Rowan said.
Persons: Marc Rowan, Here's, , There's, Rowan, Athene, Apollo Rowan, unravels ChatGPT, Trump, Rowan hasn't Organizations: Apollo Global Management, Service, Apollo Global, North Star
CEO Alex Karp said revenue growth was driven by AI demand in the US. AdvertisementPalantir CEO Alex Karp took a victory lap on Monday as the company reported big third-quarter earnings. "We absolutely eviscerated this quarter, driven by unrelenting AI demand that won't slow down," Karp, who co-founded Palantir in 2003, said in an earnings release. In a letter to shareholders that accompanied the earnings report, Karp said the US market was still the core of Palantir's business. The CEO added that Europe was being "left behind" in AI innovation and needed to adapt or "risk ruin."
Persons: Alex Karp, Karp, , " Karp, unravels ChatGPT, it's Organizations: Service Locations: US, Palantir, New Hampshire, Silicon Valley, Europe
Janet Boudreau, who owned the election supply business Intab, designed an "I Voted" sticker in 1987. In recent years, some states have held "I Voted" sticker design contests with unusual winners. One of the earliest mentions of "I Voted" stickers dates back to a 1982 Miami Herald article about discounts offered to customers wearing the stickers, Time magazine reported. Even so, stickers were rarely given out on Election Day until 1987, when Boudreau took over Intab, her father's election supply business then based in Seattle. "I Voted" stickers.
Persons: Janet Boudreau, , Boudreau, Intab, " Boudreau, Paul Bersebach, Getty Images Boudreau, Hudson Rowan, Jane Hynous, Kamala Harris, Amy Lemus Organizations: Service, Miami Herald, MediaNews, Orange, Getty Images, Getty Locations: American, Miami, Seattle, America, Ulster County , New, Pontiac
Podcaster Joe Rogan endorsed Donald Trump in a Monday evening post. Rogan cited Elon Musk, saying the billionaire made the "most compelling case" for Trump. AdvertisementJoe Rogan endorsed former President Donald Trump hours ahead of Election Day in a Monday evening podcast and social media post. The influential podcaster cited billionaire Elon Musk in his X post announcing the endorsement, saying the Tesla CEO makes "the most compelling case for Trump." Enjoy the podcast pic.twitter.com/LdBxZFVsLN — Joe Rogan (@joerogan) November 5, 2024The endorsement accompanied a two-hour and forty-minute podcast on which Musk appeared.
Persons: Podcaster Joe Rogan, Donald Trump, Rogan, Elon Musk, , Joe Rogan, Tesla, Trump, LdBxZFVsLN — Joe Rogan, Musk, I'm, Kamala Harris Organizations: Trump, Service, Republican, YouTube Locations: Austin
Business Insider obtained a recording of Amazon CEO Andy Jassy's latest all-hands meeting. Jassy said Amazon's RTO policy is not a 'backdoor layoff' strategy. The RTO policy aims to strengthen company culture, not cut costs, he said. This is very much about our culture and strengthening our culture," Jassy said, adding that the only city Amazon notified ahead of time about its RTO mandate was Seattle. Amazon Web Services CEO Matt Garman said in a staff meeting last month that 9 out of 10 Amazon employees he'd spoken with were "excited" by the change.
Persons: Andy Jassy's, Jassy, Amazon's, , Andy Jassy, Matt Garman, there's, I'm, it's Organizations: Amazon, Service, Business, Web Locations: Seattle
AdvertisementThis Election Day, minimum wage workers in four states are waiting to learn if they'll get a raise. The minimum wage in Massachusetts is $15 an hour, and the tipped minimum wage is $6.75. If Massachusetts' question 5 passes, the tipped wage would slowly increase to become level with the state minimum wage, reaching full parity by 2029. As it stands, Arizona employers are able to pay tipped workers up to $3 less than the standing minimum wage — as long as workers' tips still bring them to the minimum wage. Are you a worker earning at or near the minimum wage in your state?
Persons: , they'll, reelect Donald Trump, Alaskans Organizations: Service, Department, Labor, Economic Policy Institute, Missouri Voters, Massachusetts —, jkaplan Locations: Alaska , California, Missouri, Massachusetts, Arizona, Washington, Florida, Alaska, California
Kamala Harris is the Democratic presidential candidate for the upcoming 2024 election on Tuesday. Harris has a history as a district attorney, attorney general, and US senator. AdvertisementElection Day is on Tuesday, a moment that Democratic candidate Kamala Harris has been gearing up for since her nomination this summer. However, long before she served as vice president in President Joe Biden's administration, Harris had a political career as the district attorney of San Francisco and later as the attorney general of California. Here's a look at Kamala Harris' political career, in photos.
Persons: Kamala Harris, Harris, , Joe Biden's, Biden Organizations: Democratic, Service, Democratic National Convention Locations: San Francisco, California
The tech giant warned about future product profitability and risks related to "geopolitical tensions" and AI features. AdvertisementApple's latest annual report offers insight into what the tech giant views as potential risks to its business. This year, new mentions included the risks associated with the financial performance of future profits, "geopolitical tensions," and safety risks associated with AI features. The tech giant is now betting that Apple Intelligence features will drive upgrades. Apple has been slower to integrate generative AI features into its products than rivals, but the first of its Apple Intelligence features rolled out on October 28.
Persons: , Apple, William Kerwin, shouldn't, Dipanjan Chatterjee, Chatterjee, ChatGPT, Ray Organizations: Apple, Service, SEC, Apple Intelligence, BI, Tech
Bernie Marcus, who co-founded The Home Depot with Arthur Blank, has died at the age of 95. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementBernard Marcus, the co-founder of Home Depot, has died at the age of 95. Along with Arthur Blank, Marcus opened the first two Home Depot stores in Atlanta in 1979. Here's how Marcus and Blank built Home Depot.
Persons: Bernie Marcus, Arthur Blank, Marcus, Blank, , Bernard Marcus, Bernie, Here's Organizations: Service, Home, Home Depot Locations: Atlanta
The Houthis possess a sizable arsenal of weapons, including missiles and drones. The Houthis have used these weapons to target ships in the Red Sea and Gulf of Aden. AdvertisementThe Houthi rebels couldn't have amassed their dangerous arsenal of weapons without extensive help from Iran and its proxy forces in the Middle East, according to a new report for the United Nations. Related storiesThe Houthis held a military parade in September 2023, during which the group boasted a formidable arsenal of anti-ship missiles, ballistic and cruise missiles, surface-to-air missiles, aerial drones, naval drones, speedboats, surveillance systems, and mines. AdvertisementUS naval forces have repeatedly intercepted vessels attempting to smuggle weapons from Iran to the Houthis illegally.
Persons: , couldn't Organizations: UN, Service, United Nations, UN Security, Lebanese Hezbollah, Pentagon Locations: Gulf of Aden, Iran, Yemen, Lebanese, Israel, Gaza, Iran's
Cities and counties are voting on property and sales tax hikes to fund childcare. Other localities already have similar laws in place, with Alaska taxing marijuana sales to fund early childhood programs. We want to hear your thoughts on paying higher taxes to help fund childcare in your community. Three localities are voting to increase taxes to boost childcare funding for low-income and middle-class families. AdvertisementA similar measure in St. Paul, Minnesota, would also hike property taxes to fund citywide childcare initiatives for low-income families.
Persons: , Austin —, Rebecca Noecker, Noecker, Paul Organizations: Service, Voters, New, New Orleans voters, Paul Locations: Alaska, Sonoma County , California, Travis County , Texas, Austin, St, Paul , Minnesota, New Orleans, Whatcom County, Washington, Sonoma, Anchorage, Colorado
Amazon, Google, Meta, and Microsoft are expected to churn through $300 billion in capex next year. The spending spree is driven by generative AI and LLM opportunities, says Morgan Stanley. Earlier this year, Bernstein forecast Big Tech capex of more than $1 trillion over five years. Related storiesRelated Video How tech layoffs could affect the economyIn Morgan Stanley's new estimates, Amazon saw the largest increase in future spending. In 2026, Amazon capex will climb even higher, to $105 billion, according to Morgan Stanley estimates.
Persons: Morgan Stanley, Amazon's, , Bernstein, Morgan Stanley's, Andy Jassy, We've, Jassy Organizations: Google, Microsoft, Service, Big Tech, Tech, Amazon Locations: capex
Business leaders are speaking out on Election Day — including Starbucks founder Howard Schultz. AdvertisementElection Day has finally come, and executives at some of the biggest companies are speaking out — with former Starbucks CEO Howard Schultz urging a peaceful transition of power and Elon Musk reiterating his support for Donald Trump to the end. Major players like Musk and Blackstone CEO Stephen Schwarzman have previously endorsed former President Trump. "Once every vote is counted and certified, we must accept the results of the election and ensure the peaceful transition of power," he said. In addition to re-posting several pro-Trump messages from other X users, Musk wrote a few election-related posts of his own.
Persons: Howard Schultz, Schultz, Elon Musk, Reid Hoffman, Harris, , Donald Trump, Stephen Schwarzman, Trump, Mark Cuban, Kamala Harris, Insider's Bryan Metzger, he's, Howard Schultz Howard Schultz, Spencer Platt, Joe Biden, Hillary Clinton, Reid Hoffman Reid Hoffman, Kimberly White, Hoffman, " Hoffman, Marc Piasecki, Musk, Joe Scarborough, Vinod Khosla Vinod Khosla, Steven Ferdman, Vinod Khosla, Kamala, Khosla, Robert F, Kennedy Jr, Cantor Fitzgerald, Howard Lutnick Howard Lutnick, ANGELA WEISS, Howard Lutnick, Lutnick, Palmer Luckey Palmer Luckey, Oculus, Patrick T, Fallon, Palmer, Luckey, Walz, Andrew Bosworth, JOSH EDELSON, Getty Andrew Bosworth, Bosworth, Eli Lilly, Lockheed Martin, General Mills, Johnson Organizations: Starbucks, Trump, Service, Blackstone, Getty, LinkedIn, Greylock Partners, Liberty, SpaceX, Elon Musk Elon, Tesla, Pennsylvania, Billionaire, Sun Microsystems, Wall Street, Philadelphia Inquirer, Financial Times, Bloomberg, Anduril Industries, Meta, Big Tech, National Association of Manufacturers, General Motors, Penske, Panasonic Locations: Jerusalem, Fortnite, AFP
I'm a Yale student, and I just toured Oxford for the first time while studying abroad. I loved the old-school feel on campus and can see myself being a grad student at Oxford one day. When I first toured Yale, it felt like I encountered the sublime for the first time. However, over the summer, while studying abroad in London, I had the opportunity to spend a day wandering around the streets of Oxford and Oxford University. The city leans toward this impression; many shops play into the medieval university feel, which I loved.
Persons: I'm, , Harkness, it's Organizations: Yale, Oxford, Service, Yale's Saybrook College, Ivy League, Sterling Memorial Library, Oxford University, Oxford Oxford University, Souls College, Magdalen College, At Yale, Radcliffe Camera, New Haven Locations: Oxford, London, Cherwell, New Haven, New, Yale's, Haven, American
Beata Zawrzel | Nurphoto | Getty ImagesWith Americans heading to the polls on Election Day, social media companies like Meta , TikTok, X and YouTube are under intense pressure to handle what's expected to be a flood of disinformation, heightened by the rise of artificial intelligence. The video amassed hundreds of thousands of views within hours after it was posted on Elon Musk's social media platform X. And TikTok failed to catch ads containing false election information despite its ban on political advertising, according to an October report from Global Witness. On Facebook and Instagram, Meta said it's adding fact-check labels to election content that's been debunked. In sharing dozens of posts a day on X, Musk regularly amplifies false election information to his more than 200 million followers.
Persons: Kamala Harris, Donald J, Beata Zawrzel, It's, Hillary Clinton, Meta, it's, aren't, Mark Zuckerberg, Celal, that's, Adam Mosseri, Mosseri, we've, National Intelligence Avril Haines, TikTok, Donald Trump, Joe Biden, Tesla, Elon Musk, Carlos Barria Carlos Barria, Reuters X, Musk, Trump, YouTube Omar Marques, Evan Spiegel, Joe Scarnici, Brendan Mcdermid Organizations: Trump, Twitter, Nurphoto, Meta, YouTube, Russian, Democratic, Infrastructure Security Agency, FBI, National Intelligence, Elon, stoke, CNBC, NBC News, Global, Washington DC, Anadolu, Getty, Reuters, USA, Associated Press, Facebook, Instagram, Election, Democracy Works, TikTok's, AP, Republican, U.S, Madison, REUTERS, Lightrocket, Google, Snap Inc, Barker, Vote.org, NBC, Poynter Institute, Traders, New York Stock Exchange Locations: Russia, Iran, China, Pennsylvania, CISA, North Carolina, Dirksen, Washington, United States, U.S, PolitiFact, New York, Santa Monica , California, New York City
My sister and I spent $120 on lunch at the Trump Grill in New York City. I was a little disappointed in the food and I'd only return if I was already in the area. Go to newsletter preferences Thanks for signing up! Since then, I've wanted to try the Trump Grill, a spot that serves daily lunches and Sunday brunch. After a recent morning of window shopping with my sister, we decided to head to the Trump Grill for a midday meal.
Persons: , I've, Donald Trump Organizations: Trump, Service, New York, Republican Locations: New York City, New, York
I tried all of the seasonal fall snacks I could find at Trader Joe's to see which are worth getting. Trader Joe's This Pumpkin Walks Into a Bar bars and seasonal Greek yogurts didn't impress me. AdvertisementTrader Joe's is known for having fun seasonal snack items, and it's especially beloved for its fall offerings. I tried 24 of the many snacks Trader Joe's has launched for fall to see which are worth buying again and which I think can be skipped. Editor's Note: Price and availability of seasonal items may vary.
Persons: Joe's, Organizations: Service
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