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☆ VP debate highlights: The biggest moments from JD Vance's and Tim Walz's first and only faceoff
▼ + stars: | 2024-10-02 | by ( Bryan Metzger | John L. Dorman | ) www.businessinsider.com time to read: +15 min

Tim Walz and JD Vance are debating on Tuesday night for the first and only time. Tim Walz of Minnesota met on Tuesday night for the first and only vice presidential debate. Tuesday night's faceoff represents an opportunity for both Walz and Vance to introduce themselves to their biggest audience yet while reinforcing their respective running mates' campaign messages. AdvertisementWalz then pivoted to attacking Trump, saying that "a nearly 80-year-old Donald Trump talking about crowd sizes is not what we need in this moment." "I think it's important for us, first of all, to say Donald Trump and I support clean air, clean water.

Persons: Tim Walz, JD Vance, Trump, Harris, —, Sen, Joe Biden's, Kamala Harris, Donald Trump, faceoff, Walz, Vance, Israel —, YIKES, TZsI1jPjtK — Curtis Houck, Israel, " Walz, Hurricane Helene, They've, We're, mics, you've, PxZ4nmphNW — Aaron Rupar, who've, Rochester , Minnesota —, I've, IpXc26KOBx, Gus, Tim, We've, we've, Usha, Hillary Clinton, Vladimir Putin, It's, Donald Trump's, Mike Pence Organizations: Service, Ohio, Gov, Trump, Biden, Republicans, Mayo Clinic, CNN, CBS, Buckeye State, Democratic, Facebook Locations: Minnesota, Iranian, Israel, Iran, Gaza, United States, Ohio, Hurricane, Tennessee, North Carolina, Mexico, Springfield, Rochester , Minnesota, China, Hong Kong, Asia

How Credit Card Cell Phone Protection WorksIf cell phone insurance on a credit card sounds too good to be true, this guide is for you. The Best Credit Cards with Cell Phone ProtectionThere are dozens of credit cards that now offer cell phone protection when you use them to pay your phone bill. Here are some of the best options:Best overall credit card with cell phone protection: Ink Business Preferred® Credit CardBest no-annual-fee Chase credit card with cell phone protection: Chase Freedom Flex®Most affordable premium credit card with cell phone protection: Capital One Venture X Rewards Credit CardBest American Express credit card with cell phone protection: The Platinum Card® from American ExpressBest airline credit card with cell phone protection: Delta SkyMiles® Platinum American Express CardBest cash back credit card with cell phone protection: Wells Fargo Active Cash® CardBest credit card with cell phone protection for paying rent: Bilt Mastercard®Chase Credit Cards with Cell Phone ProtectionThe Ink Business Preferred® Credit Card comes with one of the most generous cell phone protection coverage limits of up to $1,000 per claim with a $100 deductible, up to three times per year. You'll find cell phone insurance on the following Amex cards:Wells Fargo Credit Cards with Cell Phone ProtectionWells Fargo is unique in that it offers cell phone insurance as a standard benefit on all of its personal credit cards, even the ones with no annual fees. Read our guide to the best Wells Fargo credit cardsCell Phone Protection Credit Card ComparisonInk Business Preferred® Credit Card Apply now lock icon An icon in the shape of lock.

Persons: Wells, I'd, they'll, takeout, Chase, Uber, Wiley, Julie Mehretu, Peacock, Uber Cash, you've, It's, you’re, you'll, Jasmin Baron, Read Organizations: Business, Cell, Express, American Express, Wells, Mastercard, Capital, Venture, Protection, Chase Travel, FDIC, Chase, One, Hilton, Marriott, Saks, American, Entertainment, Disney, ESPN, The New York Times, Street, Walmart, TSA, Global, Saks Fifth Locations: Wells Fargo, Hulu, Wells, Canada

☆ Analysis: China is celebrating National Day but with the economic downturn not everyone is in the party spirit
▼ + stars: | 2024-09-30 | by ( Nectar Gan | ) edition.cnn.com time to read: +10 min

Tourists visit an ancient city gate in Beijing, China ahead of National Day. The stock market may be in the midst of one of its most remarkable turnarounds, but economists say reversing China’s economic downturn will require much more work. “Stimulating the stock market doesn’t really do much for the real economy in China. Very few people invest in the stock market compared to other major markets,” said Logan Wright, director of China markets research at Rhodium Group. Property woesThe outlook for the real estate industry, which makes up about a quarter of the Chinese economy and 70% of household wealth, remains dim.

Persons: Japan’s “, Xi Jinping, Xi, Xu Tianchen, Hong, David Tepper, ”, Logan Wright, Wright, There’s, ” Wright, “, hasn’t, Alfred Wu, Lee Organizations: Hong Kong CNN, Economist Intelligence Unit, Reuters, Shenzhen bourses, Securities Times, Tourists, Management, CNBC, Barclays, Communist Party, Lee Kuan Yew, of Public, National University of Singapore Locations: Hong Kong, China, People’s Republic, United States, Beijing, Shanghai, Shenzhen, Guangzhou, China’s, Xi’s

☆ BTS star Suga fined for riding a scooter while intoxicated
▼ + stars: | 2024-09-30 | by ( Jack Guy | Gawon Bae | ) edition.cnn.com time to read: +2 min

CNN —K-pop megastar Suga has been fined after being caught riding an electric scooter while under the influence of alcohol. In August, Suga was found to have ridden about 500 meters (around 1,600 feet) on an electric scooter after drinking alcohol. While he did not injure anyone or cause any damage, it is illegal to ride a scooter after drinking alcohol in South Korea. “Last night, I drank while having dinner, and returned home riding an electric scooter. A driver’s licence is required for riding an electric scooter in South Korea.

Persons: CNN —, Suga, “, I’m, ” Organizations: CNN, South Korean Locations: Seoul, South Korea, Korea

☆ Young Chinese are looking for dupes and cheaper substitutes for everything from Hermès to travel
▼ + stars: | 2024-09-30 | by ( Huileng Tan | Matthew Loh | ) www.businessinsider.com time to read: +9 min

Chinese consumers are opting for affordable alternatives across various categories to save money. The trend, known as pingti, is driven by economic challenges and is popular among young people. Consumers are finding cheaper substitutes for luxury goods, everyday items, and even healthcare. It's now become a trend in China to save on nearly every consumer category, from luxury goods to everyday consumables to travel, with cheaper substitutes. A Bank of America survey of 1,052 adult Chinese consumers showed weakening consumer sentiment, with 30% of respondents planning to spend more — down from 45% in June.

Persons: —, It's, Bobbi Brown, Estée Lauder, MingYii Lai, it's, Lindy, Hermes Lindy, Lai, Ruth Jin, Xiaohongshu Cleo Xie, they've, She's, Xie, Jin, Yves Saint Laurent, Keith, she's Organizations: Service, Daxue Consulting, Bottega, Prada, University, Dai, PPI, Bank of America Locations: China, Xiaohongshu, Beijing, Ili, Xinjiang, Provence, France, Xishuangbanna, Laos, Myanmar, Bangkok, Thailand, Chengdu, Europe, Asia

☆ A United Airlines pilot ordered pizza for all his passengers after an emergency landing left them stranded
▼ + stars: | 2024-09-30 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

A United Airlines pilot ordered pizza for over 100 passengers after an emergency landing. AdvertisementA United Airlines pilot ordered pizza for over 100 passengers after their flight made an emergency landing. Stamos said that there was a medical emergency on board which saw the passengers deplaned at Albuquerque for around seven hours. "Most organizations do not go above and beyond, but that captain did not hesitate," she told Fox News. Stamos told Fox News that upon landing, the pilot thanked everyone for their patience, and several passengers shook his hand as they left.

Persons: —, Max, Tanya Stamos, Stamos Organizations: United Airlines, Service, Boeing, Fox News, Business Locations: San Francisco, Houston, Albuquerque

☆ Devastation on the streets of Lebanon after days of Israeli bombardment
▼ + stars: | 2024-09-29 | by ( Tamara Qiblawi | Jomana Karadsheh | ) edition.cnn.com time to read: +7 min

Umm Mohammed and her five-year-old son escaped the Israeli bombardment of southern Lebanon, displaced to a tarpaulin on a seaside boardwalk. When Israeli bombs hit the south of the capital on Friday, the streets of west Beirut filled with people throughout the night. Internally-displaced people sit beneath a Lebanese flag in the Dahieh neighbourhood on September 28, 2024 in Beirut, Lebanon. “The assassination of Sayyed Hassan Nasrallah has brought Lebanon and the region to a new phase of violence. “We sleep on sidewalks because we have no choice,” said Umm Fawzi, from southern Beirut.

Persons: Hassan Nasrallah, ”, Hassan, “ He’s, ” Abu Mohamad, Nasrallah, “, ” Nasrallah, Umm Mohammed, Karadsheh, cradled, –, Carl Court, Jomana Karadsheh, Sayyed Hassan Nasrallah, Bechara Boutros, Rahi, Saad Hariri, ” Hariri, Umm Fawzi, Charbel Mallo Organizations: Beirut CNN, CNN, Maronite, Hezbollah Locations: Beirut, Iran, Israel, Lebanon, Lebanon’s, Gaza, Dahieh, Jomana, ”, Martyr’s

Displaced people gather at Beirut's central Martyrs' Square, as Israel strikes Beirut's southern suburbs on September 28, 2024. Timour Azhari/ReutersIt was 3 a.m. and southern Beirut was under the most intense bombardment it had seen in nearly 20 years. These were the displaced from neighborhoods being pummelled by Israeli warplanes. As we crisscrossed the city in our car, the Israeli military issued fresh evacuation orders for the residents of not yet struck parts of southern Beirut. Meanwhile the people of Beirut wait to see what has become of their homes, their city and its civilians.

Persons: Timour Azhari, cradled, el Organizations: CNN Locations: Beirut's, Israel, Beirut

☆ Austria’s far-right is the frontrunner for Sunday’s elections. How did it get here?
▼ + stars: | 2024-09-28 | by ( Sophie Tanno | ) edition.cnn.com time to read: +10 min

The FPÖ is known as the grandfather of European far-right parties and pedals an anti-migrant, anti-Islam, Eurosceptic and anti-vaxx agenda. It has held power at a federal level three times, in coalition with other groupings, making it one of just a few far-right parties in Europe to have done so. AFP/Getty ImagesIts political stance changed again when Jörg Haider – the son of former Nazi party members – became leader of the party in 1986. FPÖ leader Herbert Kickl speaks to supporters ahead of European parliamentary elections on June 7. According to Reinhard, the FPÖ is more likely to form a government if it comes second than if it comes first.

Persons: –, ” Benjamin Biard, FPÖ, ” Biard, “, ”, Biard, Heinz, Christian Strache, Jörg Haider –, Haider, ’, Herbert Kickl, Taylor, “ remigration, Christian Bruna, Viktor Orban –, Vladimir Putin’s, Kickl, ” Heinisch Reinhardt, Reinhardt, Karl Nehammer, Thomas Kronsteiner, Reinhard, ” Reinhard Organizations: CNN, Party, Italian Lega, Dutch Party for Freedom, “, Getty, Nazi, Austrian People’s Party, EU, Hungary’s Fidesz, Greens, University of Salzburg, Social Democrats Locations: Austria, Europe, Brussels, Flemish, Italian, Germany, Nazi, Austrian, Salzburg, AFP, Ukraine, Vienna, Lower Austria, Russia, loggerheads, ÖVP

☆ Southwest will never be the same again
▼ + stars: | 2024-09-26 | by ( Taylor Rains | ) www.businessinsider.com time to read: +6 min

Both regular and enhanced seats will be available for selection at booking, starting in 2025 for flights in early 2026, Southwest said. Southwest AirlinesSouthwest has already announced an improved cabin with tablet holders, charging ports, upgraded overhead bins, and better WiFi. The cabin improvements come as Southwest plans to cut some short-haul flying in favor of more lucrative long-haul operations. Southwest left four airports altogether in August: Bellingham International Airport in Washington, Mexico's Cozumel International Airport, Houston's George Bush Intercontinental Airport, and Syracuse Hancock International Airport in New York. This means Icelandair passengers can connect in the US on Southwest flights, and vice versa.

Persons: —, Chicago's O'Hare, Houston's George, Icelandair Organizations: Service, Southwest Airlines, Business, Southwest, Southwest Airlines Southwest, Delta Air Lines, Bellingham International Airport, Houston's George Bush Intercontinental Airport, Syracuse Hancock International, Washington International Locations: Southwest, Atlanta, Bellingham, Washington, Cozumel, New York, Nashville, Baltimore

The logistics of having to haul all the stuff three kids need felt like an impossible task with just two parents. AdvertisementI hated traveling with strollersMy kids are only two years apart, so we've always traveled with a stroller. The JetKids ride-on suitcase allows you to drag your kid around the airport with ease. Kids sit on the little suitcase and hold on to a strap, and the parent has a long strap to pull it. AdvertisementI tried it while traveling with my twins aloneRecently I traveled with my twins by myself for the first time.

Persons: —, I'm, strollers, we've, you've, We've Organizations: Service, Business, Passengers, Facebook Locations: Argentina, Miami

☆ House to vote to condemn Biden, Harris and others over 2021 Afghanistan withdrawal
▼ + stars: | 2024-09-25 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Summer-Concepcion-Byline-Jm.Jpg | Summer Concepcion | ) www.nbcnews.com time to read: +2 min

The House is set to vote Wednesday to formally condemn President Joe Biden, Vice President Kamala Harris and other officials over their handling of the 2021 U.S. withdrawal from Afghanistan. The resolution also points to Harris’ April 2021 comments to CNN that she played a central role in Biden's decision to pull troops from Afghanistan. Former President Donald Trump and Republican allies have sought to blame Harris for the Afghanistan withdrawal after she jumped into the presidential race in July. Sen. JD Vance, R-Ohio, Trump’s running mate, last month blasted Harris over the administration's handling of the Afghanistan withdrawal. Kamala Harris is disgraceful.”Family members of the service members killed in the Abbey Gate attack did not invite Biden or Harris to Arlington National Cemetery last month to commemorate the attack's third anniversary, a White House official and a Harris aide told NBC News.

Persons: Joe Biden, Kamala Harris, Michael McCaul, Harris ’, Blinken, Matthew Miller, Donald Trump, Harris, Sen, JD Vance, Trump’s, hasn’t, ” Vance, Biden Organizations: House Foreign, CNN, Foreign Affairs, United Nations, Assembly, State Department, Republican, Arlington National, White, NBC News Locations: U.S, Afghanistan, Texas, Kabul, New York, R, Ohio, Arlington

☆ I live in Australia, and my partner lives in the US. Long distance is hard — especially when I was detained and deported at the border.
▼ + stars: | 2024-09-25 | by ( Ree Winter | ) www.businessinsider.com time to read: +4 min

Read previewI met my partner in New Orleans right before COVID changed everything, and I never thought our relationship would involve dealing with international borders and visa rules. Spending my 50th birthday alone in Australia after getting deported was devastating. Related storiesWhen I finally returned to the US with the correct visa, I thought the worst was behind me. AdvertisementLiving between two countries comes with its own set of challenges, and the trauma of being deported has only made it harder. Rene and I have had to learn to cope with constant travel, time apart, and the fear of facing immigration again.

Persons: —, COVID, Rene, weren't, wouldn't, hasn't, We've Organizations: Service, Mardi, Business Locations: New Orleans, Australia, Honolulu

☆ The unspoken rules of celebrating Oktoberfest in Munich
▼ + stars: | 2024-09-24 | by ( Ulrike Lemmin-Woolfrey | Chris Dwyer | ) www.cnbc.com time to read: +5 min

Oktoberfest is a worldwide phenomenon, a Bavarian beer festival celebrated in countries around the globe. Revelers, dressed in leather lederhosen, celebrate Oktoberfest in Munich on Sept. 21, 2024. A waiter brings beer to a table during Oktoberfest in Munich, Germany on Sept. 22, 2024. The world's biggest beer festival ends on Oct. 6, 2024. A waitress carries a tray of food at the start of the Munich Oktoberfest celebration.

Persons: Johannes Simon, Beer, Kirill Kudryavtsev, Revelers, Ein, driel, Crown Prince Ludwig, Princess Therese von Sachsen, Felix Hörhager, Alexander Hassenstein, Marco Polo, Jeff Dean Organizations: Munich's Department of Labor, Getty, Afp, Oktoberfest Museum, Oktoberfest Locations: Bavarian, Munich, steins, Germany, Hildburghausen, Munich's Beer, Salzburg, Austria, Rothenburg, Hong Kong, Hong Kong Harbour, Cincinnati , Ohio

☆ I paid $8 to take a ferry to a small coastal town near San Francisco. The cute shops and Mediterranean vibes make it the perfect day trip.
▼ + stars: | 2024-09-24 | by ( Sharon Mcdonnell | ) www.businessinsider.com time to read: +1 min

I paid $8 to take a ferry to Sausalito, California, a cute town with a Mediterranean vibe. The ferry offered great views of the Golden Gate Bridge and the San Francisco skyline. I loved taking the Golden Gate Ferry and plan to continue traveling to the town. Go to newsletter preferences Thanks for signing up! Lately, when I've needed a change of pace, I take a half-hour ferry ride to Sausalito, a town about 9 miles from San Francisco.

Persons: —, I've Organizations: San, Service, Travel, Business Locations: Sausalito , California, San Francisco, Bay, Sausalito

☆ Get ready for a dockworker strike that could disrupt everything from medicine to holiday gifts
▼ + stars: | 2024-09-24 | by ( Ayelet Sheffey | Juliana Kaplan | ) www.businessinsider.com time to read: +7 min

Read previewA major maritime workers strike is looming, and it could mean a shutdown of key goods — from cars to food — across the East and Gulf Coasts. AdvertisementA strike would have widespread implications across the US, with significant shipment delays that could set off a chain reaction of disruptions. Advertisement"We are coordinating with partners across the supply chain to prepare for any potential impacts," Steve Burns, a PANYNJ spokesperson, told BI. She referred to estimates from Sea-Intelligence, which predicted that a strike would prevent 74,000 shipping containers from being unloaded each day. "Throughout the pandemic, Longshore workers never took a day off," ILA Executive Vice President Dennis Daggett said on September 20.

Persons: —, Harold Daggett, Abe Eshkenazi, USMX, Mia Ginter, Robinson, Ginter, Bethann Rooney, Jonathan Gold, Mitre, Steve Burns, Grace Zwemmer, Biden, Dennis Daggett Organizations: Service, Gulf Coasts, Longshoreman's Association, Business, ILA, Association for Supply Chain Management, National Association of Manufacturers, United States Maritime Alliance, Port Authority of New, National Retail, New Jersey, Bureau of Transportation Statistics, Oxford Economics, Intelligence Locations: East, Gulf, Gulf Coast, East Coast, Port Authority of New York, New Jersey, West Coast, New York, New, Houston

☆ Europe could be drifting into a downturn as France and Germany fight economic and political woes
▼ + stars: | 2024-09-23 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +3 min

Europe could be drifting in to a downturn as its biggest economies, Germany and France, fight political and economic woes at home. In Germany, composite purchasing manager's index (PMI data) measuring business activity in both sectors, came in at XXXX, down from XXX in August. In France, meanwhile, the composite PMI fell in September to an eight-month low of 47.4 from 53.1 in August. In the euro zone as a whole, the PMI data showed a decline from XXX last month to XXX, in September. Once Europe's poster-child for growth, Germany is now likened to the "sick man" of Europe by economists.

Persons: Pariser, —, Chancellor Olaf Scholz's, J.P, Greg Fuzesi Organizations: Pariser Platz, PMI, Social Democratic Party, SPD Locations: Berlin, Germany, Europe, France, Brandenberg, Thuringia, Saxony, Morgan

☆ Inside the island fortress of America's mega-billionaires
▼ + stars: | 2024-09-22 | by ( Guthrie Scrimgeour | ) www.businessinsider.com time to read: +21 min

An Israeli-designed radar system encircling the island can detect passersby, in low visibility, from half a mile away. Often described as "butlers with badges," the Indian Creek police force is unlike most of its counterparts. The Indian Creek radar can detect objects on the water and use artificial intelligence to classify them according to the risk they pose. With the new security system, the Indian Creek police appear to have turbocharged their enforcement of regulations in the surrounding waters. Properties in the neighborhood are also being bought up by opaquely named LLCs tied to Indian Creek residents.

Persons: —, I've, I'm, — they're, Norman Braman's, Tom Brady, Carl Icahn, Jeff Bezos, we've, Tiffany, William Henry Hoover, Frank Woolworth, Saratta, Gerardo Vildostegui, Vildostegui, it's, Irma Braman, Bernard Klepach —, Mike Bullman, Chandan Khanna, Justin Ross, who's, Ross, Gail Golden, Javier Holtz, Marko Gojanovic, Gojanovic, he's, Dina Goldentayer, Don Shula, opaquely, LLCs, Julio Iglesias, Surfside, Tim Will, Will, America's, Elon Musk, you'd, there's, Brian Daniel, Low, John Bernardo, Klepach, Guthrie Organizations: Public Space Research, City University of New, Indian, Jewish, Indian Creek Country, Security Solutions, Police, Getty, Biscayne, Indian Creek Police, Marquis Bank, Miami Dolphins, BI, CUNY Locations: Indian, Biscayne Bay, America, Miami, Qatar, Israeli, City University of New York, Florida, Surfside, Surfside's, York City, United Kingdom, Japan, Germany, India, stoke, Washington , DC

☆ 6 things from my San Francisco trip reveal which stocks are AI winners
▼ + stars: | 2024-09-22 | by ( Jim Cramer | ) www.cnbc.com time to read: +14 min

Almost everyone else seems to want to deploy AI in some meaningful way but don't seem to know how. It's available on HP 's AI personal computers right now but hasn't really attracted a lot of interest yet — good for Club company Best Buy 's forward earnings. For some companies, companies like CVS , this is a no brainer. One that can build things or get things or just give you a cup of your coffee. I don't know what will happen to people who are doing this now.

Persons: Jensen Huang, Marc Benioff, Copilot, hasn't, Uber, San Francisco —, Amazon's, Benioff, Benioff's, Agentforce, Tesla, Elon, Donald Trump, Pat Gelsinger, gunning, Lisa Su, Jensen, Su, wasn't, Nvidia's Blackwell, Blackwell, Mike Sievert, Jim Cramer's, Jim Cramer, Jim, Carlos Barria Organizations: Microsoft, Club, Nvidia, Oracle, HP, Devices, AMD, Saks Fifth, CVS, Siemens, Starbucks, Intel, Qualcomm, Arm Holdings, Enterprise, Constellation Energy, GE Vernova, Apple, Mobile, Jim Cramer's Charitable, CNBC Locations: San Francisco, Atlanta, Austin , Texas, Dreamforce, bailiwick, Eaton, Dover, California

Defense attorneys noted that King spent 63 days in North Korea in addition to his time served in the U.S.Pvt. King, a private second class, ran across the DMZ separating South Korea and communist North Korea on July 18, 2023. He was on a tour group in the Panmunjom, South Korea, when he crossed the fortified zone and entered North Korea where he was detained. The incident occurred five decades after another U.S. soldier, James Dresnok, defected to North Korea in 1962 as he was being threatened with a court-martial. Dresnok, according to his sons, was in North Korea when he died of a stroke in 2016.

Persons: Travis King, King, Carl Gates King, Travis, ”, Frank Rosenblatt, Allyson Montgomery, James Dresnok Organizations: Department of Defense, U.S . Army, Army's, Army, Incheon Airport Locations: U.S, North Korea, South Korea, Panmunjom

☆ Home Depot and Lowe's are already seeing the first of many likely benefits from the Fed's rate cut
▼ + stars: | 2024-09-20 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +4 min

"Aside from any initial noise in the market, Home Depot and Lowe's should keep grinding higher as all this comes together." AdvertisementFed Chairman Jerome Powell talked about the impact on the housing market in his remarks following Wednesday's announcement. "The housing market is in part frozen because of lock-in with low rates. "As rates come down, people will start to move more, and that's probably beginning to happen already." Additionally, Home Depot and Lowe's have taken great care to manage investor expectations through the slumping sales and slimmer profits over the past year.

Persons: —, Mizuho, David Bellinger, Richard McPhail, Jerome Powell, don't, that's, Powell, Scot Ciccarelli, Max Rakhlenko, We're, Marvin Ellison, Ellison Organizations: Service, Business, Home Depot, Home, Truist Securities, TD Securities

☆ The hottest AI startups are raising back-to-back funding rounds. Suddenly, it's feeling very 2021 in Silicon Valley for a chosen few.
▼ + stars: | 2024-09-20 | by ( Ben Bergman | Melia Russell | ) www.businessinsider.com time to read: +11 min

Read previewIn February, Glean announced a $200 million funding round valuing the AI enterprise software startup at $2.2 billion. AdvertisementThe transaction is the latest in a string of dizzying back-to-back funding rounds at ever-higher valuations for a handful of AI startups that stand in stark contrast to the doldrums of the overall market for startups. Earlier this year, Sakana raised $30 million in a seed funding round led by Lux Capital. Slingshot AI, which has built an automated mental health counselor, also raised separate rounds of funding just months apart. Advertisement"VCs are increasingly faced with frequent requests from their hot AI companies to follow on or double down on investments," said Iris Sun, an investor at 500 Global.

Persons: —, Glean, Arvind Jain's inbox, Jain, Steve Brotman, Perplexity, SoftBank, Sakana, Gregg Hill, that's, Matt Murphy, Dario Amodei, Kimberly White, Murphy, I'd, I've, Jenny Chang, Rodriguez, Jai Das, Rajeev Dham, couldn't, Das, Sapphire, Uber, Iris Sun, Chandrasekar Organizations: Service, Business, DST Global, Alpha Partners, Bloomberg, Google, New Enterprise Associates, Khosla Ventures, Lux Capital, Parkway Venture Capital, Menlo Ventures, Getty, Sapphire Ventures, Investments Locations: Tokyo

☆ Largest port on U.S. East Coast, New York/New Jersey, begins prepping for what could be first union strike since 1977
▼ + stars: | 2024-09-19 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +5 min

"A number of ocean carriers have announced their plans in terms of embargoing export cargo coming to the East Coast from the Midwest," said Rooney. Once the strike is over the Coast Guard would lead the charge in an orderly flow of vessels entering the port." "While the APAC region typically has more options to shift freight to the West Coast, over half of the automotive freight coming in today is heavily dependent on the East Coast. Port of New York/New Jersey has joined other ports that have publicly posted strike contingency plans. The vessels scheduled to come into the East Coast and Gulf ports have been traversing the ocean since early to mid-August.

Persons: Beth Rooney, Rooney, Jim Mancini, CH Robinson, Biden, Taft, Hartley, We've, Harold Daggett Organizations: CNBC, International Longshoreman's Association, ILA, Cruise, United States Maritime Alliance, Port Authority of New, Coast Guard, Maersk, Port, Bloomberg, Getty, Transportation, U.S ., Biden, Logistics Locations: of New York, New Jersey, North America, East, Gulf Coasts, Port Authority of New York, New York, East Coast, Maersk Atlanta, Newark, Newark , New Jersey, US, North, Europe, Oceania, Latin America, Asia, West Coast, Germany, Charleston, Savannah, U.S . West Coast, Port, Houston, Mobile , Alabama

Passengers said a pressurization issue on a Delta Air Lines flight Sunday left them with bloody noses and ears. A spokesperson for the airline company said that Flight 1203 from Salt Lake City to Portland, Oregon, was unable to pressurize above 10,000 feet. Passenger Jaci Purser told NBC affiliate KSL-TV of Salt Lake City that she felt her ear pop and then bubble because of the pressure in the cabin. It's not clear what caused the pressurization issue but Delta technicians were able to fix it. The plane was briefly taken out of service Sunday morning and went back into service the following day, Delta said.

Persons: Purser, Caryn Allen, Allen, Delta Organizations: Delta Air Lines, SLC, NBC, KSL, Boeing Locations: Salt Lake City, Portland , Oregon

☆ Meet the ex-Googler joining Goldman Sachs to build tech and cut costs for its investment banking and trading business
▼ + stars: | 2024-09-18 | by ( Bianca Chan | ) www.businessinsider.com time to read: +8 min

As the incoming global head of technology engineering for Goldman Sachs' global banking and markets division, the ex-Googler will run the engineering team for Goldman's investment banking and sales and trading units. And lots of different challenges in the space given how much is being invested in this particular business," Goldman told Business Insider, referring to efforts to build systems that can handle the firm's anticipated growth in a compliant and resilient way. Goldman Sachs' core business of advising companies through mergers, acquisitions, and raising capital, has come under the spotlight recently as investment-banking activity continues to be slow. AdvertisementWith an anticipated decline in trading volumes across Wall Street, Goldman's sales and trading business will continue to lean on technology to win market share among institutional investors. During her first stint at Goldman, she managed various tech teams and was named managing director in 2008.

Persons: Melissa Goldman, Goldman Sachs, Goldman, she's, couldn't, You've, I'm, I've Organizations: Service, Goldman, Google, JPMorgan, Wall, Big, Bank of America Locations: Wall, Bermuda, Big Tech

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