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☆ GOP-aligned group airs antisemitic ads in Michigan featuring Doug Emhoff and highlighting Harris’ Jewish ties
▼ + stars: | 2024-09-13 | by ( David Wright | ) edition.cnn.com time to read: +4 min

Future Coalition PAC has spent nearly $60,000 running several YouTube ads targeting Michigan, according to Google’s Ads Transparency Center. Each of the ads emphatically states Harris’ support for Israel, and many pointedly highlight her husband, Doug Emhoff, who is Jewish. “Kamala Harris is a strong leader for these difficult times. Kamala Harris and Doug Emhoff: making history, standing up for what’s right, supporting Israel.”Another one of the ads opens, “Vice President Harris has chosen a side, the right side. And joining Kamala will be her husband and top advisor, Doug Emhoff, who would be the first Jewish presidential spouse ever.

Persons: Kamala Harris’s, Harris, Doug Emhoff, Emhoff, Harris ’, ”, Biden administration’s, Joe Biden, Donald Trump ., “ Kamala Harris, Kamala, Kamala Harris, Benjamin, Netanyahu, she’ll, let’s, Cabell Hobbs, Ron DeSantis ’ Organizations: CNN, Republican, Israel, Future Coalition PAC, Democratic, Muslim, Future Coalition, DC, White, ”, Federal, Commission, Florida Gov Locations: Michigan, Gaza, Israel, Emhoff, Palestine, America

☆ German warships ignored China's complaints and sailed through the Taiwan Strait for the first time in over 2 decades
▼ + stars: | 2024-09-13 | by ( Chris Panella | ) www.businessinsider.com time to read: +1 min

Two German navy ships sailed through the Taiwan Strait for the first time in over 20 years. Go to newsletter preferences Thanks for signing up! AdvertisementTwo German navy ships have sailed through the Taiwan Strait, the first such move in over 20 years. Despite China's complaints and criticisms, Germany said that it had a right to transit the strait, which is international waters. The German first-in-class frigate Baden-Württemberg and the supply ship Berlin-class Frankfurt am Main sailed the Taiwan Strait on Friday.

Persons: —, Boris Pistorius Organizations: Service, Baden, Main, German, Business Locations: Taiwan Strait, China, Taiwan, Germany, Berlin, Frankfurt

☆ Futurum Group CEO: AI trade is very much alive
▼ + stars: | 2024-09-13 | 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 EmailFuturum Group CEO: AI trade is very much aliveDaniel Newman, CEO of Futurum Group sees Adobe earnings coming in line with its peers despite a complex macroeconomic environment. He believes the AI story remains important as it drives productivity during economic downturns, and should keep investors enthused.

Persons: Daniel Newman Organizations: Futurum

☆ Boeing workers are set to strike — and it could cost the company billions
▼ + stars: | 2024-09-13 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

The walkout depressed revenues in the period by $4.3 billion, Boeing said at the time. Another strike of that length would cost Boeing at least $3 billion, according to a TD Cowen research note cited by The New York Times. The rejected deal would have cost Boeing an extra $900 million a year if passed, they noted. A Boeing strike in 1989 cost the company $2.5 billion in lost revenue, and the next one in 2005 cost it about $1 billion, the American Action Forum noted in a paper this week. "This may be because Boeing generally delays orders rather than losing them, so their revenue is time-shifted rather than diminished."

Persons: —, Cowen, Kelly Ortberg, they're Organizations: Service, Boeing, International Association of Machinists, Aerospace Workers, IAM, Business, The New York Times, Jefferies, CNBC, American Action, AAF

☆ Don Cheadle responds to Robert Downey Jr.'s casting as Doctor Doom — and whether they'll share the screen again in a Marvel movie
▼ + stars: | 2024-09-13 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +4 min

Business Insider asked him about the casting of Downey Jr. as the villain Doctor Doom, which shocked fans when it was announced over the summer. Robert Downey Jr. and Don Cheadle in "Iron Man 2." Marvel StudiosCheadle has played Rhodey since 2010's "Iron Man 2," after taking over the role from Terrence Howard, who played the character in the first "Iron Man" film. AdvertisementCheadle reprised the role in "Iron Man 3," "Avengers: Age of Ultron," "Captain America: Civil War," "Avengers: Infinity War," and "Avengers: Endgame." In "Endgame," Downey Jr.'s Iron Man was killed off, seemingly putting an end to the actor's time in the MCU (at least until that controversial Doom casting).

Persons: —, Don Cheadle, Robert Downey Jr, Cheadle, Downey, Doctor Doom, James, Rhodey, Rhodes, Tony Stark, Marvel Studios Cheadle, Terrence Howard, Russo, I'm, he'd, I've, Kevin Hart, Shawn Charles, Anthony Robles Organizations: Service, Marvel, Toronto, Business, Cheadle, coy, Marvel Studios, America, Disney, Collider

☆ I was embarrassed to move back in with my parents at 53. But they love having me around, and I'm finally pursuing my dream career.
▼ + stars: | 2024-09-13 | by ( Jeanni Ritchie | ) 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. To make matters worse, I was living in Mississippi, which was about a five-hour trip to my family in Louisiana. But on a trip back home amid my impending divorce, my sister posed the idea of moving back in with my parents in Louisiana. I called my parents and asked if I could live with them temporarily while I pursued a writing career, and they graciously agreed. AdvertisementIt was a roller coaster at first, but the safety of moving back home was healing.

Persons: —, I'd, prim, they'd, I've Organizations: Service, Business Locations: Mississippi, Louisiana

☆ The US will enter a mild recession as the economy deflates after its boost from unproductive stimulus cash, former Commerce Secretary says
▼ + stars: | 2024-09-13 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Read previewThe US is moving toward a recession, as the economy is feeling the comedown after trillions of "unproductive" cash was pumped in during the pandemic, according to former Commerce Secretary Wilbur Ross. AdvertisementBut most of the stimulus cash wasn't deployed productively, Ross said, pointing to Americans who "immediately spent" their checks in a wild shopping spree. Related storiesStrength in the labor market was also partly distorted by stimulus cash, he suggested. Hiring has steadily slowed over the past year, with the unemployment rate triggering one long-running recession indicator with a perfect track record. Most economists still agree that the economy remains on solid footing, given the rapid pace of growth and historically low unemployment rate.

Persons: —, Wilbur Ross, Trump, Ross Organizations: Service, Commerce, Bloomberg, Business, Conference, Investor

☆ China to raise its retirement age for the first time in decades
▼ + stars: | 2024-09-13 | by ( Nora Redmond | ) www.businessinsider.com time to read: +1 min

China will raise its retirement age to address a declining population and shrinking workforce. The new retirement age will be 63 for men and between 55 and 58 for women. AdvertisementChina will gradually raise its retirement age in response to an aging population, shrinking workforce, and to relieve pressure on its pension system. Under the plan, men's retirement age in the country will rise to 63 from 60. While women in blue-collar jobs will see their retirement age increase from 50 to 55 and 55 to 58 for women in white-collar positions.

Persons: — Organizations: Service, Business Locations: China

☆ Fox News and right-wing media ignore Trump’s embrace of far-right conspiracy theorist Laura Loomer
▼ + stars: | 2024-09-13 | by ( Jon Passantino | ) edition.cnn.com time to read: +4 min

CNN —Right-wing media outlets are ignoring Donald Trump’s embrace of far-right conspiracy theorist Laura Loomer, shielding their audience from the uproar amid condemnation from top Republicans. In recent days, Donald Trump has mingled with Loomer, the radical conspiracy theorist who has a well-documented history of pushing racist, sexist, Islamophobic and homophobic hate. But right-wing media outlets have largely ignored her close proximity to Trump and the ensuing controversy. That was also the case in other right-wing outlets, including the websites of Breitbart, The Daily Wire, One America News, and The Gateway Pundit. According to the progressive media watchdog Media Matters, Fox News devoted just four minutes to the news over the ensuing three-day period, compared to more than an hour on CNN and MSNBC.

Persons: Donald Trump’s, Laura Loomer, Donald Trump, Loomer, Elon Musk, Trump, Breitbart, It’s, Mike Pence, Trump’s, “, Republican Sen, Lindsey Graham, doesn’t, GOP Sen, Thom Tillis, Rep.Marjorie Taylor Greene, MAGA, ”, disavow Loomer, “ Laura’s, she’s, ” Trump, I’m, Laura Organizations: CNN, Fox News, Daily, America, Fox, Trump, White, Media, MSNBC, Republican, Washington, GOP, Republicans, DNC Locations: Trump, Philadelphia

☆ How Elon Musk fumbled his purchase of Twitter — and apparently gave Grimes's baby name to his other child
▼ + stars: | 2024-09-13 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +9 min

Kate Conger and Ryan Mac are the authors of "Character Limit: How Elon Musk Detroyed Twitter." AdvertisementKatie Notopoulos: You've both reported on Elon Musk and his companies for a long time. Notopoulos: Everyone's talking about "Founder Mode" lately, the idea of running a company like it's still in its early days instead of scaling to "manager mode." Musk comes in and wants to go "extremely hardcore," his version of Founder Mode, but it hasn't really worked out. [Business Insider first reported the news that Elon Musk had twins with Zilis, an executive at Neuralink.]

Persons: you've, Twitter —, Kate Conger, Ryan Mac, Elon, Elon Musk, Conger, Mac, Katie Notopoulos, You've, Musk, Jack Dorsey, hasn't, he's, JJ Geiger, …, It's, Grimes, Shivon, Alice Zilis, Valkyrie, Claire Boucher, Jesus Organizations: Service, Elon, Twitter, The New York Times, Business, SpaceX, Tesla, Penguin Press, Street, Neuralink Locations: Elon Musk's, Conger

☆ Lil Wayne says it 'hurt' that Kendrick Lamar was picked to perform at the Super Bowl. Here's what to know about the controversy.
▼ + stars: | 2024-09-13 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +9 min

Read previewEarlier this week, Kendrick Lamar was confirmed as the headliner for the next Super Bowl halftime show. AdvertisementMany hip-hop fans had hoped that Lousiana native Lil Wayne would be the chosen headliner — a hope that Lil Wayne said he shared. Here's a breakdown of the controversy's key points and everything you need to know about the Lamar vs. Wayne debate. Lil Wayne, Nicki Minaj, and Drake at the 2017 Billboard Music Awards. LIL WAYNE!!!!!!!!!!

Persons: —, Kendrick Lamar, Lamar, Drake, Lil Wayne, I'm, Wayne, Lamar hasn't, Critics, Wayne hasn't, Jay, Uzi, Lil Yachty, Ty Dolla, Nicki Minaj, Minaj, Kevin Mazur, Dre, Cam'ron, Wayne —, Nicki, LIL WAYNE, Nola what's, Johnny Nunez, Mike Freeman, Roc, Z, Z's, Joe, Fabolous, Roger Goodells Organizations: Service, Business, Lamar, Future, Metro Boomin, NFL, ign, Young Money Entertainment, Money Records, ppl, SoFi, West, Entertainment, Birdman, Cash, Wayne, BIRDMAN, The Recording, USA, Young, NPR, Jay Locations: New Orleans, Lamar, Los Angeles, Compton , California, City of New Orleans, Atlanta, Las Vegas

☆ It looks like the commercial real estate market has finally bottomed out — and experts say it's time to invest
▼ + stars: | 2024-09-13 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Read previewThe embattled commercial real estate market may finally have a few things going its way, according to recent data. AdvertisementAnd yet, lending volumes are slightly improving, Moody's said. As these lenders are most exposed to commercial real estate, some analysts have warned that hundreds of banks risk failing in the next few years. Now, some see opportunity in the real estate market. "We think this will be an attractive vintage for real estate credit," analysts Matt Salem and Dakota Sagnelli wrote, later adding: "A growing number of commercial real estate transactions should increase the number of opportunities to lend, while the dearth of bank capital should keep yields attractive and spreads relative to corporate credit elevated."

Persons: —, Moody's, they've, Matt Salem, Dakota Sagnelli Organizations: Service, Business, Wall, KKR Locations: Dakota

☆ An astrologer warned me against traveling around my 40th birthday. I didn't listen and booked a trip to Uzbekistan.
▼ + stars: | 2024-09-13 | by ( Erin Levi | ) www.businessinsider.com time to read: +4 min

When I was 38, an astrologer in New York City warned me about traveling around my 40th birthday. I wasn't there seeking travel advice, and I found his ominous words triggering. AdvertisementI ignored the astrologer's advice and went with my gutAnd so, I decided to flout his advice and booked a last-minute trip to Uzbekistan. AdvertisementPlanning my trip to UzbekistanI booked a $1,100 ticket to Samarkand on Turkish Airlines, with a free stopover in Istanbul. Related storiesWhile my birthday trip was my fourth visit to Uzbekistan, it was the first one I'd planned and organized myself.

Persons: —, astrocartography, Howard, Uzbekistan Erin Levi, brunch Organizations: Service, —, Business, AIDS, Central Asian Security, St . Andrews University, New York Times, Bukharian Times, Turkish Airlines, Uzbekistan Airways, InterContinental Locations: New York City, Uzbekistan, New York, Middle East, Scotland, Samarkand, Queens, Turkish, Istanbul, Brooklyn, Bukhara, Chorsu, Tashkent

☆ Mark Zuckerberg reveals his '20-year mistake'
▼ + stars: | 2024-09-13 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +4 min

Read previewMark Zuckerberg is opening up about one of his biggest regrets from his two decades of running Facebook, now Meta. But Zuckerberg, with some newfound swagger and a new T-shirt he designed, kicked things off by saying he was done apologizing, TechCrunch reported. "And my guess is if the IPO was a year-and-a-half mistake, I think that the political miscalculation was a 20-year mistake." "Still not my best thing, but getting a bit more comfortable just being me as I get older." As the Facebook cofounder enters his 40s and reflects on his decades at the helm of Facebook, one thing is increasingly clear: Zuckerberg is in his unapologetic era.

Persons: —, Zuckerberg, wasn't, Casey, hasn't, Meta, Newton, — Zuckerberg, GOP Sen, Josh Hawley, He's, Elon Musk Organizations: Service, Chase Center, TechCrunch, Business, Facebook, Meta, GOP, Elon Locations: San Francisco, Newton, Myanmar, Cambridge

☆ I went to Big Lots and saw why the chain is closing stores and filing for bankruptcy
▼ + stars: | 2024-09-13 | by ( Alex Bitter | ) www.businessinsider.com time to read: +1 min

Big Lots filed for Chapter 11 bankruptcy this week and is planning hundreds of store closures. I visited a Big Lots store in Maryland to see what it's like to shop there. Go to newsletter preferences Thanks for signing up! It's also planning to shutter 295 of its roughly 1,400 stores, according to a filing in Delaware's bankruptcy court. Private equity firm Nexus Capital Management plans to acquire Big Lots for an undisclosed amount after it emerges from bankruptcy, the retailer said on Monday.

Persons: —, It's Organizations: Nexus Capital Management, Service, Business Locations: Maryland

☆ Waymo and Tesla have opposite problems as they compete for driverless tech dominance
▼ + stars: | 2024-09-13 | by ( Katherine Tangalakis-Lippert | Lloyd Lee | ) www.businessinsider.com time to read: +6 min

Read previewTwo major players — Tesla and Waymo — are battling for dominance in the driverless tech sector. "I think that Tesla has a software problem, and I think Waymo has a hardware problem, is the way I put it — and I think software problems are much easier." AdvertisementHe viewed Tesla as a "pioneer" in using machine learning for its autonomous driving software. But he also argued that Tesla's autonomous hardware hasn't solved the driverless equation. Waymo, on the other hand, produces an autonomous driving system capable of eliminating a human driver.

Persons: —, — Tesla, Waymo, Tesla, Andrej Karpathy, I'm, Karpathy, it's, Dan O'Dowd, Elon, Musk's, Kevin Chen, Chen, they're, you've Organizations: Service, Business, EV, The, Elon Musk's Locations: San Francisco , Los Angeles, Phoenix, Austin, who's, San Francisco

☆ Life feels darker in Springfield, Ohio, since Trump made it his wildest debate talking point, locals say
▼ + stars: | 2024-09-13 | by ( Joshua Nelken-Zitser | ) www.businessinsider.com time to read: +7 min

But now, the once-quiet Ohio town located between Dayton and Columbus has been catapulted out of obscurity for a wildly different reason. AdvertisementThe chaos reached a fever pitch on Tuesday night after Trump mentioned Springfield during his presidential debate with Vice President Kamala Harris. AdvertisementAn AI-generated image of former President Donald Trump carrying cats away from Haitian immigrants, a reference to falsehoods spread about Springfield, Ohio. Springfield, Ohio, has a population of a little under 60,000. halbergman/Getty ImagesOne of the good things, she added, is the work being done by some residents to support Haitians living there. Springfield's Haitian community, against their will, is the collateral damage.

Persons: —, Sara Bear, Donald Trump, Kamala Harris, ziJmaDEPV3 — AJ Huber, Trump, REBECCA, Bear, ROBERTO SCHMIDT, Springfield —, Jessica Eikleberry, It's, Olivia Parkinson, Parkinson, Marjory Wentworth, Wentworth, Sen, JD Vance, Marco Lapaix, Lapaix Organizations: Service, Springfield, Business, BI, Springfield Facebook, Trump, Washington Post . Police, Hall, Getty, Facebook Locations: Springfield, Ohio, Dayton, Columbus, Springfield ., Haitian, Springfield , Ohio, Springfield's, Mexican, Nazi

☆ Cramer: I wouldn't boot any of our 12 core stocks. If anything, I'd add one more
▼ + stars: | 2024-09-13 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +4 min

The 12 core Investing Club portfolio stocks that we identified at our Annual Meeting in February are the 12 we still stand by. Wells Fargo Why we own it We bought Wells Fargo as a turnaround story under CEO Charlie Scharf. Why we own it GE Healthcare is the global leader in medical imaging, diagnostics, and digital solutions in health care. Fed interest rate cuts can also help hospitals finance the MRI and CT scan machines that GE Healthcare is known for. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

Persons: Jim Cramer, Eli Lilly, Jim, Wells, Charlie Scharf, He's, Scharf, Wells Fargo, Lilly, Jim Cramer's Organizations: Apple, Costco, GE Healthcare, Linde, Microsoft, Nvidia, TJX Companies, Bank of America, Citigroup, GE, General Electric, Philips, Siemens, Jim Cramer's Charitable, CNBC Locations: Danaher, Eaton, Wells Fargo

☆ Pilots who came within 150 feet of a crash in Austin share how they averted disaster
▼ + stars: | 2024-09-13 | by ( Pete Muntean | Marnie Hunter | ) edition.cnn.com time to read: +5 min

The pilots of a FedEx cargo plane couldn’t see the runway or the airfield at Austin-Bergstrom International Airport. On Thursday, another near-miss was added to the list when an Alaska Airlines plane and a Southwest plane nearly collided in Nashville. In some cases, hero pilots such as Bradeen and Carvajal have kept collision courses from turning deadly. But about three miles out from landing, they grew uneasy when an air traffic controller cleared the Southwest flight to take off in front of them. The pilots’ awareness was heightened, but Bradeen said he didn’t realize a collision was imminent until about 100 or 150 feet away.

Persons: they’re, “, ’, Robert Bradeen, CNN’s Pete Muntean, ” Bradeen, Captain Hugo Carvajal, Rob’s –, ‘, ’ ” Carvajal, Carvajal, Hugo Carvajal, Bradeen, they’ve, Hugo, ”, didn’t, Jason Ambrosi, Austin, Jennifer Homendy, we’re Organizations: CNN, FedEx, Bergstrom International, Southwest Airlines, National Transportation Safety, National Transportation, Alaska Airlines, Southwest Boeing, NTSB, FedEx Boeing, Southwest, Air Line Pilots Association, FAA Locations: Austin, Alaska, Nashville, Memphis

(This is CNBC Pro's live coverage of Friday's analyst calls and Wall Street chatter. A biotech stock and an energy company were among the names being talked about by analysts on Friday. — Sean Conlon 6:19 a.m.: Pivotal says buy TKO Group A competitive media landscape could mean gains for TKO Group , according to Pivotal Research Group. TKO Group shares are up nearly 41% year to date. TKO YTD mountain TKO in 2024 — Sean Conlon 5:49 a.m.: JPMorgan downgrades Moderna to underweight JPMorgan sees a rocky road ahead for Moderna .

Persons: Raymond James, Srini Pajjuri, — Sean Conlon, Jeffrey Wlodarczak, Jessica Fye, Fye, it's, Ameet, Thakkar, he's, Fred Imbert Organizations: CNBC, JPMorgan, Moderna, BMO Capital Markets, GE Vernova, ARM, Research, JPMorgan downgrades Moderna, Food and Drug Administration, BMO, GE, General, Gas Power, General Electric Locations: Thursday's

☆ India’s EV conundrum: To invest in cars or charging points first
▼ + stars: | 2024-09-13 | by ( Charmaine Jacob | In Charmainemariajacob | ) www.cnbc.com time to read: +2 min

A little over two years after the switch, Fernandes regrets her decision: "I'll never ever buy an electric vehicle again." "A 4India’s EV conundrum: To invest in cars or charging points first0% charge should easily take me for another 40km, but it dropped to 0% within 5km," Fernandes said. In India, "Range anxiety" remains a significant hurdle preventing drivers from making the transition from internal combustion engine to EV cars, analysts said. "Charging infrastructure in India's electric vehicle market is still not fully developed, but companies want more vehicles on the road before they invest more. As of August 2023, Tata Motors dominated 72% of India's EV market, followed by MG Motors with with a 10.8% share.

Persons: Carmelita Fernandes, Fernandes, Brajesh Chhibber, Chhibber Organizations: Tata Nixon, CNBC, Bain & Company, McKinsey India, Tata Motors, MG Motors, Mahindra & Mahindra, Citroen, Hyundai, Kia Locations: Indian, Pune, India, Bombay, Maharashtra, Mumbai, Goa, Canalys

☆ Here are Friday's biggest analyst calls: Nvidia, Netflix, Tesla, Kroger, Arm, Oracle, Eli Lilly, PNC, GE Vernova & more
▼ + stars: | 2024-09-13 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Friday's biggest calls on Wall Street: Raymond James initiates Arm as outperform Raymond James said the semis company is well positioned for AI. Citi downgrades Capri Holdings to neutral from buy Citi said the risk/reward is more balanced for the owner of brands like Michael Kors. UBS reiterates Oracle as buy UBS raised its price target on the stock to $200 per share from $175. The feedback on Oracle's top-line growth was overall positive..." UBS reiterates PNC as buy UBS said the bank is a high conviction idea. " Citi resumes Eli Lilly as buy Citi resumed coverage of the stock and says it's well positioned.

Persons: Raymond James, Jefferies, SLG, CFRA, it's, datopotamab, Michael Kors, haven't, Morgan Stanley, EQT, Citi, Eli Lilly, Lilly, Tesla, BEV, Wells Organizations: Arm Holdings, ARM, Citi, Green, Kroger, Macquarie, Rio Tinto, Deutsche Bank, AstraZeneca, Deutsche, Capri Holdings, Barclays, Garmin, GM, BMO, GE, UBS, Oracle, Oracle's, PNC, JPMorgan, Netflix, JPMorgan downgrades Moderna, Nvidia, NVIDIA Locations: GenAI, New York, Rio, RIO, Las Vegas

☆ Mark Cuban says he doesn't hate Donald Trump, he just thinks the man was and will be a 'lousy president'
▼ + stars: | 2024-09-13 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +1 min

Mark Cuban says he doesn't hate Donald Trump. The "Shark Tank" star endorsed Kamala Harris and has been a vocal critic of Trump's policies. I just think he was and would be a lousy president," Cuban said. AdvertisementMark Cuban is backing Vice President Kamala Harris this election, but the billionaire says he doesn't hate her opponent, former President Donald Trump. The "Shark Tank" star has been a vocal critic of the Republican nominee's candidacy and policies.

Persons: Mark Cuban, Donald Trump, Kamala Harris, —, Trump Organizations: Service, Republican, Cuban, Business Locations: Cuban

☆ My small business fell for a counterfeit check scam. It dented my confidence and made me more cautious.
▼ + stars: | 2024-09-13 | by ( Joshua Nelken-Zitser | ) 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. Read previewThis as-told-to essay is based on a conversation with Loria Stern, who owns Eat Your Flowers, which fell victim to a counterfeit check scam last month. We were all excited when a last-minute, big order came through — a $7,500 order of 1,000 cupcakes is significant for a small business like mine. Running a business is hard enough alreadyWe're not making a lot of money here — this isn't exactly a business I'm creating generational wealth with at this moment. Courtesy of Loria SternIt's already so hard running a small business, especially a bakery, where the margins are really small.

Persons: —, Loria Stern, It's, We're, it's, Loria Stern It's, there's, I'm Organizations: Service, Business Locations: —

☆ The US drinking age law could be a model for fixing the housing crisis
▼ + stars: | 2024-09-13 | by ( Eliza Relman | ) www.businessinsider.com time to read: +5 min

So, they tend to use federal funding to reward housing policies they like. One example of the kind of bold federal law that some point to as a model has nothing to do with housing. In a recent op-ed in the New York Times, Harvard economist Edward Glaeser argued that the next administration should implement a housing construction law that follows the model of the Drinking Age Act. Metcalf, who also pointed to the drinking age law as a model for a housing mandate, conceded that the politics of it would be tricky. "The key question would be whether Congress has overstepped the blurry line between inducement and coercion," Hemel told Business Insider.

Persons: —, Ronald Reagan, Edward Glaeser, Glaeser, Ben Metcalf, Kamala Harris's, Metcalf, Daniel Hemel Organizations: Service, Business, Republican, New York Times, Harvard, Terner Center, Housing Innovation, UC Berkeley, Democratic, New York University, Hemel Locations: Washington

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