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☆ Trump was recorded acknowledging he kept classified doc after leaving White House
▼ + stars: | 2023-06-01 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

A recording of former President Donald Trump shows him acknowledging a document he kept after leaving the White House was classified, NBC News reported Thursday, citing a source directly familiar with the matter. Trump's remarks on that tape, recorded in 2021, indicate the document was related to Iran, NBC reported. CNN first reported Wednesday that federal prosecutors had acquired audio of Trump acknowledging he had held onto a classified document about a possible attack on Iran. A spokesman for Trump said of CNN's report, "Leaks from radical partisans behind this political persecution are designed to inflame tensions and continue the media's harassment of President Trump and his supporters." Trump is also embroiled in a Fulton County prosecutor's investigation of potential criminal interference in Georgia's 2020 election.

Persons: Donald Trump, LIV Golf, Trump, Mark Meadows, President Trump, Jack Smith, General Merrick Garland, Smith Organizations: U.S, Trump National Golf Club, D.C, White, NBC, National Archives, Records Administration, FBI, CNN, Trump, White House, U.S . Department of Justice, Republican Locations: Washington, Sterling , Virginia, Iran, Trump's Mar, Florida, Trump's Florida, Bedminster , New Jersey, Manhattan, Fulton County

☆ Greetings From ‘Mexicoland’
▼ + stars: | 2023-06-01 | by ( Héctor Tobar | Deb Leal | ) www.nytimes.com time to read: +2 min

A stroll through the shopping center reminds you that Latin American culture can be monumental, beautiful and heroic. García, 64, told me that he and his brother have operated their stand at Plaza Mexico for a dozen years. Somehow, his Plaza Mexico stand survived the pandemic. In some ways, Plaza Mexico is a Latino version of that story, told by those who were long excluded from what the state has to offer. Here, I’ve seen how a new, American way of being “Latino” is being assembled from contact with many different cultures.

Persons: Alvaro García, “, ”, García, I’ve, Alec Stewart Organizations: Plaza Mexico, Easy, ” Boosters, Southern Locations: Central, Spanish, United States, Oaxaca, Mexico, California, Lynwood, Southern California, Plaza Mexico, Korean, Seoul

☆ North Korea says its first spy satellite launch ends in failure, crashes into sea
▼ + stars: | 2023-05-31 | by ( Jihye Lee | ) www.cnbc.com time to read: +1 min

A man watches a television screen showing a news broadcast with file footage of North Korea's leader Kim Jong Un, at the Seoul Railway Station in Seoul on May 31, 2023. North Korea's first attempt at launching a military spy satellite resulted in failure on Wednesday, with South Korea's military picking up wreckage after the carrier rocket crashed into its western waters. North Korea's state media agency, the Korean Central News Agency, said that an "accident" occurred during the launch of a military reconnaissance satellite. North Korea's state media added that the failed launch was due to "low reliability and stability of the new-type engine system applied" to the carrier rocket and the "unstable character of the fuel used." South Korean officials added that they are in the process of recovering "what could be the wreckages from the purported 'space launch vehicle' fired by North Korea."

Persons: Kim Jong Un, Korea's Organizations: Seoul Railway, Korean Central News Agency Locations: Seoul, South, North, Korea, North Korea

☆ The Splashy New Headphone Feature You Might Want to Avoid
▼ + stars: | 2023-05-30 | by ( Sal Vaglica | ) www.wsj.com time to read: 1 min

CASE CLOSED Two new wireless headphones have emerged with a novel feature: a touch- screen case. Our intrepid writer put them to the test. Illustration: Dan PageENEMIES OF screen time, beware. Earlier this year, two sets of wireless earbuds arrived on the market with cases that sport touch screens to control the headphones. The JBL Tour Pro 2 ($250) features a color display comparable in size to that on certain Apple Watches while the Poly Voyager Free 60+ UC ($330) has a slightly smaller screen.

☆ Biden, McCarthy reach final deal to prevent default, now must sell to Congress
▼ + stars: | 2023-05-28 | by ( ) www.cnbc.com time to read: +7 min

"Good news," Biden declared Sunday evening at the White House. "The agreement prevents the worst possible crisis, a default, for the first time in our nation's history," he said. Biden told reporters at the White House upon his return from Delaware that he was confident the plan will make it to his desk. Top White House officials were briefing Democratic lawmakers and phoning some directly to try to shore up support. House Democratic leader Hakeem Jeffries of New York said on CBS' "Face the Nation" that he expected there will be Democratic support but he declined to provide a number.

☆ ‘Stealth Wealth’ and Bare Feet: How Power Dresses on ‘Succession’
▼ + stars: | 2023-05-28 | by ( Guy Trebay | ) www.nytimes.com time to read: +1 min

On Sunday, the show reaches its finale and so a final check-in with Michelle Matland, the Emmy-nominated costume designer responsible for crafting a 21st-century version of Machiavellian chic and inadvertently spurring the “stealth wealth” fashion genre, seems in order. Looking back, could you could have predicted where this show would take you? Jesse Armstrong wrote an incredible brilliant story, but I’m not sure he knew where it was going to go. The one constant was the trajectory of each character, and over the seasons, they developed story lines and these inherent qualities you couldn’t have foreseen. And it must have been an unusual challenge for a designer, since the setting is contemporary and the characters’ wardrobes don’t read as costumes.

☆ A notorious market bear who called the 2000 and 2008 crashes warns the S&P 500's 17% surge since October is a bear market rally — and that stocks are ripe for a decline of up to 60%
▼ + stars: | 2023-05-27 | by ( William Edwards | ) www.businessinsider.com time to read: +7 min

Since October 2022, the S&P 500 is up 17% following a 25% decline as the Fed embarked on its rate-hiking cycle. The median S&P 500 price target for the end of the year is 4,000. Predicted in 2000 that the S&P 500 would likely see negative total returns over the following decade, which it did. Predicted in April 2007 that the S&P 500 could lose 40%, then it lost 55% in the subsequent collapse from 2007 to 2009. The S&P 500, by comparison, is up 1.1% over the past year.

☆ Former tennis pro helps children shine on court in Cameroon
▼ + stars: | 2023-05-22 | by ( Amindeh Blaise Atabong | ) www.reuters.com time to read: +2 min

Now she wakes up at 5 a.m. every day to start a round of workouts, practice sessions, and school classes alongside nine other girls and 22 boys boarding at the Oyebog Tennis Academy in the town of Souza. She caught the eye of former national champion Joseph Oyebog when she was in tears after losing a practice match, aged just eight. Since graduating from the academy, some beneficiaries have won scholarships for further training abroad, while more than 20 academy trainees have International Tennis Federation rankings. He won national tournaments and competed in the Davis Cup international men's team competition. It offers tennis training at little or no cost.

☆ A new class of executives on Wall Street is gaining a ton of power
▼ + stars: | 2023-05-19 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

I still need questions for a future mailbag. As Wall Street grapples with how to deploy AI, the executives overseeing the tech are rising in prominence. Bianca mapped out the 12 executives leading AI strategy at Bank of America, Citigroup, Goldman Sachs, JPMorgan, Morgan Stanley, and Wells Fargo. Meet the 12 executives leading the AI strategy at the biggest US banks. The bank run on Silicon Valley Bank, which was helped along by social media, has bank executives reconsidering their online presence, Reuters reports.

☆ Pent-up demand promises record tourist season for southern Europe
▼ + stars: | 2023-05-19 | by ( Giselda Vagnoni | ) www.reuters.com time to read: +6 min

What's more, there appears to be growing demand for the luxury end of the spectrum. Portugal registered more than 2.8 million of foreign visitors from January to March, the best first quarter on record, according to official data. Airlines such as Lufthansa, easyJet and Ryanair have confirmed robust summer bookings while Ryanair, in anticipation of strong demand, has just ordered 150 new 737 Max-10s and optioned another 150. Italian travel and tourism company Alpitour forecasts turnover 30% higher this year. "We already see a very strong demand to book Christmas holidays in 2023.

☆ Europe wants to ban Russian diamond imports. What comes next?
▼ + stars: | 2023-05-19 | by ( Anna Cooban | ) edition.cnn.com time to read: +6 min

“Russian diamonds are not forever,” European Council President Charles Michel said on the sidelines of the G7 summit in Hiroshima, Japan, on Friday. Tatyana Makeyeva/ReutersA ban on Russian diamonds could inflate prices for European consumers, especially if diamond production elsewhere doesn’t ramp up. The biggest task facing Europe is how to design an air-tight ban that prevents Russian diamonds from arriving in the bloc through circuitous routes. “There are a lot of Russian diamonds that still get sold within the American economy,” he said. “If you really want to close loopholes, you need to find a system that prevents [Russian] diamonds going to the G7 market,” Neys said.

☆ These are the 6 best long-term investing opportunities right now, according to a global portfolio management head at Goldman Sachs
▼ + stars: | 2023-05-18 | by ( James Faris | ) www.businessinsider.com time to read: +8 min

Investors should take a long-term view of the market, according to Luke Barrs of Goldman Sachs Asset Management. A long-term focus keeps Barrs level-headed when faced with a constant barrage of concerns that leads some to panic-sell. 6 places to put your money right nowAfter breaking down his investing philosophy, Barrs shared six investments he likes right now. Going forward, emerging markets stocks should benefit from a weaker US dollar, stronger earnings, and China's continued economic reopening, which is leading to a tourism boom. Within emerging markets, Barrs especially likes India.

☆ ‘The Night of the 12th’ Review: When a Case Doesn’t Close
▼ + stars: | 2023-05-18 | by ( Nicolas Rapold | ) www.nytimes.com time to read: +1 min

But Dominik Moll’s “The Night of the 12th” does just that, and then watches a French investigator labor away at a murder case before reluctantly abandoning it. This is a refreshingly grounded, deceptively plain picture of crime-fighting as a grind of false leads, workplace fatigue and no closure. After a few years, a judge takes interest in the cold case, funding new surveillance. But even though the inexpressive Yohan does seem like one of the good guys, he’s going in circles, and can’t even help his burned-out partner, Marceau (Bouli Lanners). Despite all the best intentions, “cracking a case” just doesn’t happen sometimes, and the movie (based on a nonfiction book by Pauline Guéna) matter-of-factly avoids the magical thinking we’ve absorbed from decades of macho crime-fighting yarns.

☆ A real-estate investor who started with 2 single-family houses and leveraged their debt to scale to over 2,400 rental units shares 4 tips he and his partner used to maximize cash-out refinances to pur
▼ + stars: | 2023-05-18 | by ( Laila Maidan | ) www.businessinsider.com time to read: +9 min

The cash was then used to purchase then next set of investment properties. Whitmore and his now business partner, Joel Thompson, saw a newspaper ad for two run-down single-family houses in Tulsa, Oklahoma. Whitmore scraped the cash from two tax refunds, buying and selling used watches, and an $8,000 loan from his parents. The rental income is used to pay back the loan or mortgage, while the cash is put towards purchasing the next property. But for a $50,000 house, Whitmore says you can spot structural issues just by looking for cracks in the interior walls or in the exterior brick.

☆ How to watch the PGA Championship: Start time, channels, and other things to know
▼ + stars: | 2023-05-18 | by ( Jack Bantock | ) edition.cnn.com time to read: +11 min

Rob Schumacher/USA Today Network Tiger Woods walks the 18th green during the second round on Saturday, April 8. David J. Phillip/AP Fred Couples waves to patrons after finishing his second round on Saturday. Patrick Smith/Getty Images Patrick Cantlay plays a shot from a bunker on the 18th hole on Saturday. Rob Schumacher/USA Today Network Adam Scott plays a bunker shot on the second hole Thursday. Rob Schumacher/USA Today Network Hideki Matsuyama, who won the tournament two years ago, looks over a putt on the second hole.

☆ LSEG, Experian shares weigh on UK's FTSE 100
▼ + stars: | 2023-05-17 | by ( Johann M Cherian | ) www.reuters.com time to read: +2 min

The financial services sector (.FTUB3020) slid 1.1% while the broader FTSE 100 (.FTSE) shed 0.1%. Shares of Experian Plc (EXPN.L) slipped after the credit data firm forecast annual organic revenue to grow between 4% and 6%, while analysts were expecting a 5.8% growth. "In early trade, the market looks to be taking a cautious approach (with Experian's shares)," said Steve Clayton, head of equity funds, Hargreaves Lansdown. Among other movers, Watches of Switzerland Group Plc (WOSG.L) slumped 7.4% on a marginal sales decline in the first quarter. Bucking the sombre mood, Sage Group Plc (SGE.L) rose 3.6% after upgrading its annual organic recurring revenue growth forecast.

☆ Netflix ad tier has nearly 5 mln monthly active users
▼ + stars: | 2023-05-17 | by ( Lisa Richwine | ) www.reuters.com time to read: +2 min

LOS ANGELES, May 17 (Reuters) - Netflix Inc's (NFLX.O) recently launched ad-supported tier reaches nearly 5 million active users per month, executives said on Wednesday in a pitch that emphasized the breadth of its programming to potential advertisers. On Wednesday, Netflix made its first presentation to advertisers at the annual ritual known as the upfronts, where networks aim to lock in ad commitments for upcoming shows. Jeremi Gorman, Netflix's president of worldwide advertising, said that global monthly active users had reached 5 million. Monthly active users count all adult profiles used on one account with ads. Netflix reported 232.5 million paying subscribers around the world as of the end of March.

☆ The one crucial industry where China is crushing America in the Tech Cold War
▼ + stars: | 2023-05-16 | by ( Linette Lopez | ) www.businessinsider.com time to read: +14 min

As of now, CATL has 13 factories worldwide that supply batteries for Tesla, Toyota, and Daimler. And thanks to its ownership of its battery supply chain, it's able to make cars cheaply. Stevenson-Yang sees parts of China's battery supply chain as the next glut it will need to dump. But the potential of a battery supply glut tomorrow doesn't help carmakers meet their needs today. "But if we're looking at evolutionary improvements, China Battery Inc. will still dominate.

☆ Here's why Trader Joe's will never embrace online shopping: 'The experience would not be the same'
▼ + stars: | 2023-05-16 | by ( Nicolas Vega | ) www.cnbc.com time to read: +1 min

Don't expect to be able to order a block of Trader Joe's Unexpected Cheddar or a bag of Chili & Lime rolled corn chips to your door any time soon. The latest episode of the popular supermarket's in-house podcast, "Inside Trader Joe's," explains why the chain doesn't offer online shopping like competitors Aldi, Publix and Kroger, and is instead happy to keep running its business the way it has since it was founded in 1967. Building out a robust delivery operation would involve creating a network of warehouses to store products, as well as a delivery system to get those products to customers' doors. For a brand that closely watches its bottom line to keep prices low, it's a non-starter. "We love being a real place for a whole bunch of reasons and not just because it's where we started," co-host Matt Sloan said.

☆ A discontinued Rolex just sold at auction for a record-breaking $2.5 million — the winning buyer reportedly was the watchmaker
▼ + stars: | 2023-05-15 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +2 min

A rare Rolex Milgauss "mad scientist" watch sold at auction for $2.5 million. The winning buyer purchased the timepiece on behalf of Rolex itself, sources told Bloomberg. Phillips in Association with Bacs & RussoThe winning buyer was acting on behalf of Rolex itself, sources told Bloomberg. Earlier this year, the Swiss brand quietly discontinued production of the Milgauss, known to many as Rolex's "mad scientist" watch for its magnetic interference-resistant design. The world record auction price for any wrist watch remains $17.8 million in 2017 for Paul Newman's very own Daytona Reference 6239.

☆ The Baby Boomer Retirement Surge Will Spark a Forever Labor Shortage
▼ + stars: | 2023-05-15 | by ( Aki Ito | ) www.businessinsider.com time to read: +9 min

We're entering what is shaping up to be the Forever Labor Shortage. So what does the Forever Labor Shortage mean for workers in the years ahead? But perhaps the biggest change prompted by the labor shortage won't be how employers hire — it will be who they hire. In the Forever Labor Shortage, all labor is going to be in demand. That means the Forever Labor Shortage will be more an ongoing battle than an enduring peace.

☆ UN efforts to save Black Sea grain deal to continue in coming days
▼ + stars: | 2023-05-15 | by ( Michelle Nichols | ) www.reuters.com time to read: +4 min

The final two ships are due to leave Ukrainian ports on Tuesday under the Black Sea deal, said a U.N. spokesperson. "The (Black Sea) Initiative refers to the export of ammonia, but this has not yet been realized," Griffiths said. "While Russia keeps Ukrainian grain supplies from feeding the hungry, Russia is successfully exporting its own bumper crop of grain," Deputy U.S. 'CRUCIAL'Nebenzia again complained that not enough poor countries were benefiting from the Black Sea grain deal. Russian President Vladimir Putin has offered to deliver Russian grain and fertilizers free of charge to African countries.

Garmin's Forerunner fitness trackers have long been one of the brand's most popular among serious runners. After dozens of technological generations and improvements over the years, the latest is the Forerunner 935. To truly put this advanced running watch to the test, we had competitive distance runner, Ted Westbrook, put the 935 through 1,000 cumulative miles of running. A mid-size watch with premium featuresThe Forerunner 935 is a mid-sized watch for the average man and a large watch for the average woman. Whether you're a competitive runner or just want to improve your fitness and cardio, the Garmin Forerunner 935 is a worthwhile investment.

☆ Is it possible to have compassion for billionaires? 'Succession' fans and 'empathy scholars' weigh in
▼ + stars: | 2023-05-14 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +6 min

The list of deplorable acts carried out by the Roy family is lengthy — blackmailing, covering up sexual assaults, murder. With what we know about the Roy family and the people who orbit them, one might find it hard to muster any compassion for these characters. He doesn't believe the show will inspire empathy for the ultra-wealthy, but it could for some of the struggles the Roy family has. 'I shouldn't have empathy for them, but I feel like do'For Succession fans, the Roys' wealth is a mental hurdle, but not an insurmountable one. Chase Shiflet 'Succession' fanMandy Weiss, 34, can conjure empathy for all the characters, including some of the more peripheral ones.

☆ British Prime Minister suffers another blow as he watches his club Southampton get relegated from the Premier League
▼ + stars: | 2023-05-14 | by ( Issy Ronald | ) edition.cnn.com time to read: +1 min

CNN —Rather than providing an escape, soccer only compounded British Prime Minister Rishi Sunak’s woes as he watched his team Southampton succumb to a 2-0 loss against Fulham, condemning it to relegation from the Premier League. Sitting in the stands at St Mary’s Stadium on Saturday, Sunak watched two second-half Fulham goals – from Carlos Vinícius and Aleksandar Mitrovic – end his team’s 11-year stay in the Premier League. “It has been a very tough day for all of us,” Southampton manager Rubén Sellés said afterwards, according to the club’s website. “For the technical staff, for the players, but especially for our fans, who have been supporting Southampton their entire life. It’s not a one-day situation, we built it up and we have not been good enough.”Southampton's players on the pitch after the final whistle.

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