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☆ Apple's services unit is now a $100 billion a year juggernaut after 'phenomenal' growth
▼ + stars: | 2024-10-31 | by ( Kif Leswing | ) www.cnbc.com time to read: +2 min

Apple CEO Tim Cook (C) joins customers during Apple's iPhone 16 launch in New York on September 20, 2024. Apple's second-largest division after the iPhone has turned into a $100 billion a year business that Wall Street loves. In Apple's earnings report on Thursday, the company said it reached just under $25 billion in services revenue, an all-time high for the category, and 12% growth on an annual basis. Apple's services unit has become a critical part of Apple's appeal to investors over the past decade. After Thursday, Apple's services business alone, based on its most recent run rate, would land around 40th on the Fortune 500, topping Morgan Stanley and Johnson & Johnson.

Persons: Tim Cook, Apple's, Apple, Luca Maestri, We've, Cook, Morgan Stanley, Johnson, Maestri Organizations: Apple, Services, SEC, Google, Apple Pay, Johnson Locations: New York, Europe

☆ CNBC's Inside India newsletter: India's deepening ties with natural gas
▼ + stars: | 2024-10-31 | by ( Ganesh Rao | ) www.cnbc.com time to read: +7 min

Currently, more than 80% of India's energy needs are met by coal, oil and solid biomass, according to the International Energy Agency. On the demand side, the Indian government has aggressively pushed policies that favor vehicles powered by compressed natural gas (CNG), a derivative of liquified natural gas (LNG). Meanwhile, the number of households that could receive piped natural gas is more than 300 million. For instance, natural gas is a crucial ingredient for making fertilizers, and manufacturing it domestically helps increase food security. Seth is also optimistic about India's growth rate for its third and fourth quarters despite slower capital expenditure in some states.

Persons: Punit Paranjpe, Francis Mascarenhas, They're, Maruti Suzuki, GAIL, MGL, of Home Affairs Amit Shah, David Morrison, Shah, Ajay Seth, Seth, Aravind Maiya, Embassy REITs, Maiya, Landsberg Bennett, Michael Landsberg, Landsberg Organizations: Gas, Private, Afp, Getty, International Energy Agency, Energy, Reuters, Maruti, Institute for Energy Economics, Rystad Energy, Citi, JPMorgan, Gujarat Gas, of Home Affairs, Foreign, Department of Economic, Reserve Bank of India, CNBC, Embassy, Fortune, Wealth Locations: Dhamra, Bhadrak district, India's Odisha, India, Europe, Ukraine, Moscow, Russia, Iraq, Saudi Arabia, Pune, Gujarat, Canada, U.S

☆ Founder of TikTok owner ByteDance jumps to top of China’s rich list as number of billionaires shrinks
▼ + stars: | 2024-10-30 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +2 min

SHANGHAI — ByteDance founder Zhang Yiming is China’s richest person, with personal wealth of $49.3 billion, an annual rich list showed Tuesday, although counterparts in real estate and renewables have fared less well. Zhang, 41, who stepped down in 2021 as chief executive of ByteDance, the Beijing-based parent company of TikTok, becomes the 18th individual to be crowned China’s richest person in the 26 years since the Hurun China Rich List was first published. He overtook bottled water magnate Zhong Shanshan, who slipped to second place as his fortune dropped 24%, to $47.9 billion. Despite a legal battle over its U.S. assets, ByteDance’s global revenue grew 30% last year to $110 billion, Hurun said, helping to propel Zhang’s personal fortune. The number of billionaires on the list dropped by 142 to 753, shrinking more than a third from its 2021 peak.

Persons: Zhang Yiming, Zhang, China Rich, Zhong Shanshan, Hurun, Pony Ma, Colin Huang, ”, Rupert Hoogewerf, Lei, Hoogewerf Organizations: SHANGHAI, ByteDance, PDD Holdings Locations: Beijing, China

☆ Grave cleaning videos spark fascination and outrage online
▼ + stars: | 2024-10-30 | by ( Sophia Pargas | Sophia Pargas Is A News Associate For Nbc News. | ) www.nbcnews.com time to read: +9 min

In a social media landscape often dominated by playful dances and aesthetic montages, one surprising trend remains steadfast: historical grave cleaning. Stacey Habecker, known as “The Clean Girl” online, caused intense controversy with her upbeat and vibrant approach to grave cleaning. Despite the outcry of comments, reaction videos and expert advice, “The Clean Girl” continued creating and re-uploading grave cleaning videos to YouTube, Instagram and TikTok — getting hundreds of millions of views across her platforms. In some cultures, grave cleaning is part of family duty and tradition, such as with Día de los Muertos in Mexican and Central American culture. For members like Justin Frost, the hobby of grave cleaning came as a natural extension of a desire to learn more about his family history.

Persons: Stacey Habecker, Habecker, Jason Church, TikTok —, Habecker hasn’t, “, ” Andra Berghoff, Día, Justin Frost, ” Frost, Frost, ”, it’s, Allyson Stephenson, Allyson Stephenson “, Stephenson, I’m, ” Stephenson, “ TikTok, they’re, “ They’re Organizations: Facebook, National Center for Preservation Technology, Training, NBC, Tuskegee University Locations: los Muertos, Mexican, Central American, Montgomery , Ala, unkept, Felts Mills, Jefferson County, gravesites .

☆ China lost 36% of its billionaires to years of economic troubles and crackdowns
▼ + stars: | 2024-10-30 | by ( Hannah Abraham | ) www.businessinsider.com time to read: +7 min

According to Hurun's 2024 rich list, China lost 432 billionaires since the high of 1,185 in 2021. Hurun, a private research group that has tracked Chinese billionaires since 1999, said the total peaked in 2021 with 1,185 billionaires, a figure which fell to 753, a decline of 432, or 36% of the total. It comes as some of China's superrich choose to lie low or leave the country, finding covert ways to take their money with them. "The stories of the individuals on the Hurun China Rich List tell the story of the Chinese economy," said Rupert Hoogewerf, Hurun's Chairman and Chief Researcher. AdvertisementThat led, among other things, to regulatory crackdowns on tech platform companies and campaigns against China's rich entrepreneurs.

Persons: —, crackdowns, China's superrich, Zhang Yiming, Bytedance, Yiming, Zhong Shanshan, Rupert Hoogewerf, Robin Zeng, Li, Kerry Brown, Xi, Jack Ma, Alibaba, Brown, Joel Gallo, China shouldn't, it's Organizations: Service, Reuters, King's College London, Ant Group, & Partners, Bloomberg, New York University Shanghai, Communist Locations: China, Taiwan, Greater China

☆ I was laid off and forced to retire in my 50s. I wish I'd started planning sooner, but my investment portfolio helped — and life is good.
▼ + stars: | 2024-10-30 | by ( ) www.businessinsider.com time to read: +7 min

They have IRAs, savings accounts, and an investment portfolio to help during retirement. Like most people, I didn't really start thinking about retirement until I was past my mid-40s. With no house or vehicle payments, utilities, or property taxes, our investment income exceeds our budgeted monthly living expenses. Outside of that, we have our IRAs, savings accounts, and a small self-directed investment portfolio. Life Is What You Make ItLooking back, I wish I'd started sooner, but I was fortunate.

Persons: Chris Mott, couldn't, Mott, —, I'm, Chris, Kim, Dodge, I've, It's, we've, I'd, Gigi, Papa, Manseen Logan Organizations: Service, Western, Social Security Locations: California, Western United States, Canada, Orange County, Yorba Linda, Vancouver , Washington, Orange, Lake Havasu, mlogan

Zhang Yiming has built a $49.3 billion fortune since cofounding ByteDance, the Chinese tech giant behind TikTok. He recently became the richest person in China. AdvertisementThe widespread popularity of TikTok has created not only a new generation of social media stars — it's also helped mint China's wealthiest person. Zhang is a highly private person and little is publicly known about his personal life. He has recently, however, been thrust back into the spotlight after being named on the list as the richest person in China.

Persons: Zhang Yiming, cofounding ByteDance, Zhang, —, TikTok, — it's Organizations: Service Locations: China

☆ Former CEOs of American Airlines, LinkedIn, Amex, Xerox, and 13 other companies make the pitch for Kamala Harris
▼ + stars: | 2024-10-30 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +3 min

A group of former CEOs published an op-ed Tuesday endorsing Kamala Harris for president. AdvertisementA group of former CEOs who led major US companies — including American Airlines, LinkedIn, Xerox, and American Express — made the case for Kamala Harris in an op-ed one week before Election Day. The 17 business leaders said they were voting for Harris because they thought she'd be better for the economy than former President Donald Trump. AdvertisementOther business leaders have publicly supported Trump, including Blackstone CEO Stephen Schwarzman, who said this week that Trump would be "efficient and effective." Meanwhile, some business leaders have avoided taking a position publicly even if they support one candidate or another in private.

Persons: Kamala Harris, Donald Trump, Elon Musk, —, American Express —, Harris, she'd, Reid Hoffman, Doug Parker, Ken Chenault, Michael Lynton, Trump, Musk, Stephen Schwarzman, Jeffrey Sonnenfeld, they're Organizations: Trump, Elon, Service, American Airlines, LinkedIn, Xerox, American Express, Sony, Blackstone, Yale School of Management, Leadership Institute Locations: Fortune, America, Swatara Township , Pennsylvania

☆ We reiterate our 1 rating on Microsoft despite its softer guidance — here's why
▼ + stars: | 2024-10-30 | by ( Jeff Marks | ) www.cnbc.com time to read: +7 min

Nearly 70% of the Fortune 500 is using Microsoft 365 Copilot and the company is seeing faster customer adoption than any other new Microsoft 365 Suite. MSFT YTD mountain Microsoft YTD Despite these positive trends and innovations, revenue guidance for next quarter fell a touch short of expectations. Microsoft 365 Commercial cloud revenue growth increased 16% year over year with seat growth up 8%. Microsoft 365 Consumer cloud revenue growth increased 7% year over year with subscribers increasing to 84.4 million from 82.4 million one quarter ago. Revenue growth ticked down sequentially to 33% annual growth, or 34% on a constant currency basis.

Persons: Nvidia's Blackwell, That's, —, Jim Cramer's, Jim Cramer, Jim, Microsoft Corporation Satya Nadella, Chalinee Thirasupa Organizations: Microsoft, Revenue, Fortune, Productivity, Dynamics, CNBC, Activision, Windows, Gaming, Microsoft Corporation Locations: OpenAI, Bangkok, Thailand

Tickets for the 2024 World Series between the New York Yankees and Los Angeles Dodgers are among the most expensive in Major League Baseball history – and fans are willing to pay up. Leading up to Game 1 in Los Angeles, the average price for a World Series ticket in the secondary market was $3,887, according to ticket reseller TicketIQ. This year's tournament is on track to be the best-selling World Series in history, StubHub reports. 'Whatever the going rate for my kidney, it's going on the table'LA resident Lisa Altuve, 27, said she's been excitedly waiting to see the Dodgers play in the World Series. "The last time these two teams played in the World Series was the year that I was born, 1981," Posadas added.

Persons: Freddie Freeman, Lisa Altuve, she's, Fernando Valenzuela, Josh Trujillo, Calvin Stovall, Stovall, Riley Reese, Chris Garcia, Del, Garcia, Posadas Organizations: Los Angeles Dodgers, Capital, New York Yankees, Dodger, Major League Baseball, CNBC, Dodgers, Yankees Locations: Los Angeles , California, Los Angeles, New York, Mexican, LA, Florida, Del Posadas

☆ Meet Miriam Adelson, the billionaire GOP donor who's given $100 million to support Donald Trump's campaign
▼ + stars: | 2024-10-29 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +1 min

Miriam Adelson, 79, is the widow of casino magnate Sheldon Adelson. Miriam Adelson is one of Donald Trump's top donors in 2024. Go to newsletter preferences Thanks for signing up! After Sheldon Adelson's death in 2021, Miriam Adelson has continued to channel her fortune into reelecting Donald Trump as one of his wealthiest donors. Here's a closer look at Miriam Adelson's background, wealth, and political leanings.

Persons: Miriam Adelson, Sheldon Adelson, Donald Trump's, —, Sheldon Adelson's, Donald Trump, Here's, Miriam Adelson's Organizations: GOP, Service, Vegas Sands Corporation, Forbes, Adelson Foundation

☆ Microsoft Copilot AI use extends deep into corporate America, but companies aren’t 100% sold
▼ + stars: | 2024-10-29 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +7 min

When asked whether it's been worth the cost ( $30 monthly per user in the case of Copilot), tech leaders say they aren't sure. According to recent Deloitte research, two-thirds of organizations are increasing gen AI investments based on "strong early value to date." There are multiple reasons why companies will still be short on confidence when it comes to enterprise AI adoption, according to Deloitte. The Azure cloud offering from its biggest AI partner and AI investment, OpenAI, is in use at nearly two-thirds of companies. Forty-six percent of CNBC survey respondents said that within their organizations at least half of employees are now using AI.

Persons: it's, Jim Rowan, Anthropic, Mistral, Eric Schmidt —, Morgan Stanley, Copilot, Rowan Organizations: CNBC, Microsoft, CNBC Technology, Council, Deloitte, Microsoft Microsoft, Fortune, Capital Group, Disney, Dow, Kyndryl, Novartis, Deloitte Consulting, Meta, Silicon, OpenAI, AIs Locations: Europe

☆ Steve Schwarzman says Trump would be an 'efficient and effective' president this time — and Ken Griffin thinks he'll win
▼ + stars: | 2024-10-29 | by ( Polly Thompson | ) www.businessinsider.com time to read: +3 min

Blackstone CEO Steve Schwarzman said he thinks Trump would make a better president the second time around. He's uncertain about the election result, though Citadel's Ken Griffin said he expects Trump to win. AdvertisementSteve Schwarzman said he thinks Donald Trump would be more "efficient and effective" if he wins next week's election. Citadel founder and CEO Ken Griffin, who was also on the panel, was more assured of the election's outcome. Citadel founder Ken Griffin expects Donald Trump to win the 2024 election.

Persons: Steve Schwarzman, Trump, Ken Griffin, —, Donald Trump, Schwarzman, Mike Blake, Griffin, Alan Murray Organizations: Saudi Arabia's Future Investment, Service, Blackstone, Future Investment Initiative, Saudi, Republican, Bloomberg, Citadel, White Locations: Davos

☆ The U.S. Navy apologized 142 years after shelling and burning an Alaska Native village to oblivion
▼ + stars: | 2024-10-28 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +6 min

ANCHORAGE, Alaska — Shells fell on the Alaska Native village as winter approached, and then sailors landed and burned what was left of homes, food caches and canoes. It was Oct. 26, 1882, in Angoon, a Tlingit village of about 420 people in the southeastern Alaska panhandle. Now, 142 years later, the perpetrator of the bombardment — the U.S. Navy —has apologized. The residents are vastly outnumbered by brown bears, and the village in recent years has strived to foster its ecotourism industry. Merriman, the top U.S. official in Alaska, saying a Tlingit uprising threatened the lives and property of white residents.

Persons: U.S . Navy —, Mark Sucato, ”, “, Angoon, Nobu Koch, Daniel Johnson Jr, Julianne Leinenveber, Klane, Shgen George, E.C . Merriman, Johnson, Merriman, ” Johnson, Billy Jones, Tith Klane’s, ” Jones, Rosita Worl, Leinenveber, Eunice James, Tith Klane, we’ve Organizations: U.S . Navy, Navy, Department of Interior, Alaska Natives, U.S ., Army, Wrangell, Admiralty, North West Trading Co, Naval, U.S, Sealaska Heritage Institute Locations: ANCHORAGE, Alaska, Angoon, Angoon , Alaska, Russia, Kake, Juneau

☆ Georgia’s president calls for rally to save ‘European future’ as thousands protest disputed election
▼ + stars: | 2024-10-28 | by ( Christian Edwards | ) edition.cnn.com time to read: +4 min

The Central Election Commission (CEC) said it had secured nearly 54% of the vote. Asked why she is refusing to recognize the results of the election, Zourabichvili said Georgian Dream had used “all the instruments” at its disposal to rig the election and called for an international investigation. Giorgi Arjevanidze/AFP/Getty ImagesThe election commission told CNN it received 445 district-level complaints of irregularities on election day. European leaders criticized the bill and have since frozen Georgia’s accession process, just months after it was offered EU candidate status. The UNM was founded by former President Mikheil Saakashvili, who has been jailed since 2021 for abuse of power while in office.

Persons: CNN —, Salome Zourabichvili, CNN’s Christiane Amanpour, Zourabichvili, –, ’, Bidzina Ivanishvili, Giorgi Arjevanidze, ”, authoritarians, Matthew Miller, ” Zourabichvili, Vladimir Putin, Zurab, Nicoloz Samkharadze, “, Ivanishvili –, Soviet Union –, Mikheil Saakashvili Organizations: CNN, Election Commission, Getty, Georgian, European Union, EU, United National Movement, UNM Locations: Soviet, Europe, Tbilisi, Russia, AFP, United States, Soviet Union, Georgia

☆ What These Founders Learned From Trying to Take on Elon Musk's Twitter
▼ + stars: | 2024-10-28 | by ( Amanda Hoover | ) www.businessinsider.com time to read: +9 min

About three weeks after Elon Musk bought Twitter in October 2022, #RIPTwitter started trending. As the bird app's outlook grew more bleak, several alternative conversation platforms hatched: Narwhal, Spoutible, Spill, Post, and Cohost among them. I talked to several founders about what they learned trying to compete with Musk, and the state of civil discussion online. "There's a ton of power in whoever controls" a big social media platform, Thompson says. Spill, a Black-owned social platform, has been downloaded more than half a million times.

Persons: Elon Musk, RIPTwitter, shitposting, Gabor Cselle, Cselle, Meta, Jack Dorsey, Twitter, Musk, Twitters, he's, imminently, Fortune, Noam Bardin, Andreessen Horowitz, Bardin, Laurene Powell Jobs, Nicholas Thompson, Thompson, Narwhal, Trump, Hitler, Alphonzo Terrell, Kerry Washington, Terrell, there's, Joe Biden, Kamala Harris, Harris, I've, I'm Organizations: Elon, Google, Twitter, Anti Software Software, Politico, Boston Globe, The, Amplica Labs, Democratic, Spill, Phillies

☆ Erik ten Hag fired as manager of Premier League giant Manchester United
▼ + stars: | 2024-10-28 | by ( Ben Church | Aleks Klosok | ) edition.cnn.com time to read: +8 min

CNN —Manchester United has confirmed manager Erik ten Hag has “left his role” at the club after a poor start to the new season. Despite the team failing to impress for large periods last season, the club’s new hierarchy appeared to back ten Hag, despite the team finishing eighth in the Premier League. Analysis by CNN Sport’s Aleks KlosokThe autopsy of ten Hag’s reign at Manchester United is at once a messy and clean dissection; the very definition of soccer’s Jekyll and Hyde. Identity complexLooking at the Premier League class of 2024, one could identify a playing style for 18 of the 20 teams in division. Ten Hag cut a frustrated figure in his last game in charge of Manchester United on Sunday.

Persons: Erik ten Hag, “, United, Erik, Ruud van Nistelrooy, ” Erik, Hag, Bruno Fernandes, Alex Pantling, Jim Ratcliffe’s INEOS, Alex Ferguson, CNN Sport’s, Jekyll, INEOS, André Onana, – Lisandro Martínez, Antony, Matthijs de, Noussair Mazraoui, –, Joshua Zirkzee, Rasmus Højlund, Leny Yoro, Kobbie Mainoo, Amad Diallo, Alejandro Garnacho, who’s, Justin Setterfield, Glazer, Ferguson, Jim Ratcliffe, Andrew Couldridge, Nietzsche, Omar Berrada, who’ve Organizations: CNN, Manchester United, English Premier League, FA, Former Red Devils, Getty Images Manchester, Premier League, Manchester City, Chelsea, Ajax, Red Devils, West Ham United, Getty Images Manchester United, Academy Locations: West Ham, Hyde, Old Trafford, England, Europe, women’s

☆ Jeff Bezos has just as much at stake in this election as Elon Musk
▼ + stars: | 2024-10-28 | by ( Tom Carter | ) www.businessinsider.com time to read: +5 min

The billionaire has been less prominent in the election than Elon Musk — but still has much at stake. Bezos's Blue Origin is working with NASA and the Pentagon as it plays catch-up with Musk's SpaceX. Executives from Bezos' rocket company Blue Origin, including CEO Dave Limp, spoke with Donald Trump on Friday, The Associated Press reported. Like all private space companies, Blue Origin relies heavily on federal contracts and is competing with SpaceX for government and military projects. Blue Origin did not respond to a request for comment from Business Insider.

Persons: Jeff Bezos's, Elon Musk, —, Jeff Bezos, Dave Limp, Donald Trump, Kamala Harris, William Lewis, Bezos, Lewis, Robert Kagan, Michele Norris, Marty Baron, Baron, Elon, Artemis, it's, SpaceX's, Trump Organizations: Washington Post, NASA, Pentagon, Musk's SpaceX, Service, Bezos, Associated Press, New York Times, Trump, SpaceX, Republican, PAC, Business, Bloomberg, White, Twitter, United States Post, United States Postal Service, Web Services, of Defense, Microsoft Locations: Washington, The Texas, Amazon

☆ Georgia’s opposition disputes result of crucial vote which could decide the country’s role in Europe
▼ + stars: | 2024-10-27 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +6 min

Initial figures suggest turnout is the highest since the ruling Georgian Dream party was first elected in 2012. Georgia’s Central Election Commission said Georgian Dream won 52.99% with the majority of votes counted. Georgian Dream stood against four main opposition groups, which indicated they did not accept the results. The biggest opposition party, United National Movement, said its headquarters came under attack on polling day. Many Georgians fear Georgian Dream is dragging the country toward authoritarianism and killing off hopes it could join the EU.

Persons: Ivanishvili, Tina Bokuchava, “, ”, Russia —, Salome Zourabichvili, ” Qristine, Nika Gvaramia, ” Ivanishvili, Party ”, Giorgi Gakharia Organizations: European Union, Georgia’s, Commission, Georgian, EU, United National Movement, CEC, Associated, NATO, Coalition, AP, Party, Unity National Movement Locations: Georgian, Russia, Brussels, South Caucasus, Zugdidi, Marneuli, Tbilisi, Georgia, Soviet Union, EU, U.S, Ukraine, Strong Georgia

☆ Andrew Webber's forever war
▼ + stars: | 2024-10-27 | by ( Sam Fellman | Ryan Pickrell | ) www.businessinsider.com time to read: +38 min

Like others in Chosen Company, Webber had been drawn to Ukraine for reasons he couldn't quite explain. AdvertisementNow, as Webber and his fellow members of Chosen Company got acquainted in the bar, uncertainty hung over the gathering. One showed an assault team clearing a World War I-style bunker, using live rounds. AdvertisementCats are everywhere on the front lines in Ukraine; Webber rescued one from a building under fire. "It seemed like he had stuff he was working on," says O'Leary, the CO of Chosen Company.

Persons: Andrew Webber, Webber chatted, he'd, Webber, Vera, Gwen, DeeDee, He'd, Jovelle Tamayo, she'd, I'm, hadn't, Rhodesian Bush, Dee Dee, David Roller, Sweeney, Tom Mader, Mader, vomited, patting, Andrew, Matthew James When Webber, wasn't, Karla Stephens, Karla, He's, Dubs, would've, Ryan O'Leary, Thomas Waszak, Elizabeth Gil, Fenwick, —, Sayed Zuhoor, Hilarie Atkisson, who's, Joe, O'Leary, Webber wasn't, marveled, Tango, Pervomaiske, Chosen, Wayne Hallatt, Hallatt, Thomas Waszak Wearing, wouldn't, Delta, Lance Lawrence, Lawrence, CeeBee, it's, Webber couldn't, we're, Waszak, Nichole, he's, Sam Fellman, Ryan Pickrell Organizations: White Sox, Chosen Company, Army, Company, corgi, Chosen, French Foreign, Rhodesian, Ranger School, intel, Operating, Taliban, Motorized Infantry Brigade, LinkedIn, Northwestern, Fenwick & West, Big Law, United, Fenwick, Ranger, Volunteers, Delta, AK, 173rd Airborne Brigade, Webber, Business Locations: Ukrainian, Dnipro, Iraq, Afghanistan, Ukraine, America, Seattle, Bakhmut, Washington, West Point, West, Georgia, Afghanistan's, Taliban, Kandahar, Fort Benning, Russian, Donetsk, Pervomaiske, Kabul, United States, Afghan, Russia, German, Delta, Kyiv

☆ Meet the billionaires battling it out in the 2024 World Series
▼ + stars: | 2024-10-26 | by ( Madeline Berg | ) www.businessinsider.com time to read: +5 min

The Dodgers and Yankees will face off in the MLB 2024 World Series. AdvertisementWhen the Dodgers and Yankees take the field to battle it out for the 120th World Series championship, the players won't be the only ones with trophies on the line. The financier is worth $6 billion, according to Forbes. Now, the team is owned by George's kids, Hank Steinbrenner, Jessica Steinbrenner, Hal Steinbrenner, and Jennifer Steinbrenner Swindal. Related storiesThe bulk of the Steinbrenners' fortune is tied up in the Yankees, which is MLB's most valuable franchise, worth $7.93 billion, according to Sportico.

Persons: Mark Walter, Steinbrenner, —, Walter, Magic Johnson, Stan Kasten, I'm, Johnson, George Steinbrenner, Hank Steinbrenner, Jessica Steinbrenner, Hal Steinbrenner, Jennifer Steinbrenner Swindal, Forbes, I've, Marc Lasry, Sportico, Banks, Goldman Sachs, Ivo Voynov Organizations: Dodgers, Yankees, Sports, Service, Guggenheim Partners, Forbes, Atlanta Braves, Los Angeles, MLB, Los Angeles Times, CBS, franchise's YES, Major League Soccer's New, Major League Soccer's New York City FC, Legends Hospitality, Italian soccer, AC Milan, Professional, Yankee, Milwaukee Bucks, Citi Private Bank Locations: Major League Soccer's New York, Italian

☆ Georgia faces an uncertain future as all sides claim election victory
▼ + stars: | 2024-10-26 | by ( ) edition.cnn.com time to read: +4 min

The Georgian Dream-supporting Imedi TV channel showed the ruling party winning 56%. Georgian Dream did not immediately respond to a request for comment. Members of an election commission count ballots at a polling station after the parliamentary election in Tbilisi, Georgia, on Oct. 26, 2024. Georgian Dream has drawn the ire of its Western allies for what they cast as its increasingly authoritarian bent. Sandro Dvalishvili, a 23-year-old Georgian Dream activist, told Reuters last week that Georgia would face “danger” if his party of choice was defeated at the polls.

Persons: Georgia Reuters —, Bidzina Ivanishvili, Ivanishvili, Tina Bokuchava, Mikheil Saakashvili, Ivanishvili’s, Bokuchava, “, Irakli Gedenidze, Salome Zourabichvili –, ”, Andronikashvili, George W, Bush, Kostya, Viktor Orban, Sandro Dvalishvili Organizations: Georgia Reuters, United National Movement, Reuters, ”, Party, EU, Georgian Locations: TBILISI, Georgia, South Caucasus, Georgian, Russia, Ukraine, Europe, Tbilisi, Soviet, Tbilisi’s, Tbilisi , Georgia, Moscow

☆ Big companies are seeing more turnover in the CFO chair. Here's why that matters
▼ + stars: | 2024-10-26 | by ( Morgan Chittum | ) www.cnbc.com time to read: +9 min

CFO turnover hit 8.9% globally during the period, surpassing levels in 2022 and 2023. A global pandemic, increased geopolitical tensions overseas, supply chain disruptions and recession concerns have made the CFO role even harder. Jim Cramer also has pounded the table of the importance of the CFO role, arguing that "a good CFO can give you a feeling of a Good Housekeeping seal of approval." Moving forward, it's unclear whether CFO turnover will continue to pickup. "If a CFO immediately resigns intra quarter, what companies will do sometimes is reaffirm their guidance to ease investor concerns.

Persons: Zachary Kirkhorn, Deepak Ahuja, Russell Reynolds, CFOs, Steve Gallucci, —, they've, Goldman Sachs, David Viniar, Josh Crist, Crist, Raymond James, Paul Shoukry, Jim Cramer, Amy Hood, Hood, we've …, Costco's Richard Galanti, Eli Lilly, Anat Ashkenazi, Ashkenazi, Ruth Porat, Apple, Luca Maestri, Amy Weaver, Mike Stepniak, Jeff Marks, Marks, It's, Jim Cramer's, Jim Organizations: Wall Street, Deloitte's Global, CNBC, Fortune, Goldman, Bloomberg News, Kolder, Microsoft, Honeywell, Federal, Jim Cramer's Charitable, Istock, Getty

Billionaires Darwin Deason, Michael Dell, and Tony Pritzker are trying to offload homes right now. It can take a long time for extremely expensive or unique homes to find buyers. AdvertisementBillionaires regularly want to offload their homes, but the housing market can present some unique challenges for the wealthiest home sellers. At least two billionaires have found buyers for their homes this fall. A handful of billionaires, however, have homes they're still trying to sell.

Persons: Darwin Deason, Michael Dell, Tony Pritzker, —, Gordon Getty, Getty, Rupert Murdoch's Organizations: Service, of Wings, Media, Fox Corporation, News Corp Locations: Boston, Berkeley, San Francisco, Manhattan, California

☆ 3 simple tests that show how well you're aging, which you can do right now
▼ + stars: | 2024-10-25 | by ( Kim Schewitz | ) www.businessinsider.com time to read: +5 min

Good balance, strength, and a sturdy gait keep us mobile and independent as we age. There are other quick, simple tests you can do at home to help you assess how fit you are for your age. AdvertisementHow long a person can stand on one leg could reflect how well they're aging, according to a study. "If you have poor balance, you're at risk of falling, whether or not you're moving. It's typically used on older adults to test leg strength and endurance, but there's some evidence that it's also useful for measuring athletic performance in younger adults.

Persons: —, Kenton Kaufman, Kaufman, Dr, Sara Bonnes, Jennifer Tripkin, Fortune Organizations: Service, Mayo Clinic, PLOS ONE, National Institute, Aging, British, of Sports Medicine, Mayo Clinic study's, Getty, Healthy Longevity Clinic, of Gerontology, Biological Sciences, Center of Healthy Aging, National Council, European Locations: Minnesota

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