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New York CNN —Union members at Boeing overwhelmingly rejected a proposed a four-year contract with the troubled aircraft manufacturer, authorizing the first strike at the company in 16 years, said the International Association of Machinist (IAM) union. It also increased job security for union members, because Boeing promised to build its next commercial jet, which has yet to be announced, at a unionized plant. But 95% of members of the IAM union voted against the deal. In a separate vote 96% voted to authorize a strike, easily clearing the two-thirds threshold needed to approve a walkout. Boeing has nearly 150,000 US employees, including the 33,000 IAM union members.
Persons: , Jon Holden, Kelly Ortberg, , Max, Holden, we’ve Organizations: New, New York CNN — Union, Boeing, International Association of, IAM, Alaska Airlines, Federal Aviation Administration, US Justice Department Locations: New York, Alaska
And for Trump, flipping Pennsylvania — a state he narrowly won in 2016 but lost in 2020 — would give him a broader path to winning back the White House. Trump tried to bring fracking into focusIn 2019, when Harris was running for the 2020 Democratic presidential nomination, she voiced support for a ban on hydraulic fracturing — or fracking. And recognizing the political potency of the issue, Harris on Tuesday sought to distance herself from her past comments by pointing to her record as vice president. From 1992 to 2012, only Democratic presidential nominees carried the state. In the state's Real Clear Politics polling average, Harris and Trump are both currently tied at 47.6% support.
Persons: , Kamala Harris, Donald Trump, Harris, Trump, fracking, It's, Joe Biden's, Roe, Wade, Biden, Josh Shapiro, Chip Somodevilla, Hillary Clinton, Joe Biden Organizations: Service, Business, Trump, Democratic, US, Pennsylvania, GOP — Democrats, Biden, Democrats, Clear, Pennsylvania Convention Locations: Philadelphia, Pennsylvania, Michigan, Wisconsin, Arizona, Georgia, United States, fracking, Central, Western Pennsylvania, Philadelphia's, Johnstown
New York CNN —The first presidential debate between Vice President Kamala Harris and former President Donald Trump drew an estimated 67.1 million viewers across 17 television networks, according to Nielsen data. In 2016, a record 84 million tuned in to the first debate between Hillary Clinton and Trump. While fewer Americans watched the debate on television than in previous election years, millions more watched on digital platforms. ABC said the telecast the most-watched debate on any network in at least 16 years and that more than 7 million watched on the various Disney-owned streaming platforms. Hours before the debate, ABC offered to provide DirecTV a free feed of the telecast for a three-hour period.
Persons: Kamala Harris, Donald Trump, Joe Biden, Harris, David Muir, Linsey Davis, Trump, Hillary Clinton, Nielsen, Muir, Davis, Organizations: New, New York CNN, Nielsen, ABC News, CNN, Trump, Democratic, Biden, ABC, NBC, Fox News, Disney, FCC, DirecTV, ESPN, FX Locations: New York, Philadelphia
Boeing should be kicked out of the Dow
  + stars: | 2024-09-11 | by ( Chris Isidore | ) edition.cnn.com   time to read: +6 min
The United States is no longer primarily an industrial economy, and the changes in the index over the last 126 years reflect that evolution. Beyond that, there are two other major issues indicating that Boeing no longer belongs in the Dow. Trying to stay relevantBoeing obviously wasn’t an early component of the Dow — the index started seven years before the first plane flew at Kitty Hawk, and 20 years before Boeing was incorporated. In 2020, the Dow dropped ExxonMobil, then struggling with low oil prices during the pandemic, and added tech company Salesforce, then on a tear. Boeing declined to comment when asked about its membership in the Dow.
Persons: , Ron Epstein, Dow, Max, That’s, Sam Stovall, Kitty Hawk, , ” Stovall, Stovall, Organizations: New, New York CNN, Dow Jones, New York Stock Exchange, Nasdaq, Boeing, Bank of America, Steel, Disney, Dow, Alaska Airlines, Federal Aviation Administration, CFRA Research, Electric, Lockheed, GE, GE Aerospace, ExxonMobil, Airbus Locations: New York, United States, Alaska, Ukraine
Here are Wednesday's biggest calls on Wall Street: Goldman Sachs downgrades Morgan Stanley to neutral from buy Goldman said it sees better value elsewhere than Morgan Stanley. Goldman Sachs upgrades Evercore to buy from neutral Goldman said the investment banking firm is "best in class." JPMorgan reiterates Nvidia as overweight JPMorgan said stocks such as Nvidia are "strong beneficiaries in the emerging AI arms race." Morgan Stanley reiterates Arm as a top pick Morgan Stanley said it's sticking with its overweight rating on the semiconductor chip company. Bank of America reiterates Apple as buy Bank of America said it's standing by its buy rating on shares of Apple.
Persons: Goldman Sachs downgrades Morgan Stanley, Goldman, Morgan Stanley, Goldman Sachs, Rosenblatt, Canaan, Jefferies, Williams, Guggenheim, it's, orals, it's bullish, Bernstein, Robinhood, Wells, Shopify, Truist, Wolfe Organizations: NASDAQ, JPMorgan, Viking Therapeutics, Citi, Apollo Global Citi, APO, U.S, " Bank of America, Novartis, Bank of America, Nvidia, Apple, Spotify, Disney, AES, ~$ Locations: Canaan, Williams, Sonoma, 2030E
Harvey Weinstein had heart surgery Monday after he complained of health issues and was moved from a New York City jail to a hospital, a representative for the disgraced movie mogul said. Weinstein, whose 2020 rape conviction was overturned in April, remained in recovery at the intensive care unit at Bellevue Hospital on Monday night, said the representative, Craig Rothfeld. Weinstein was moved from Rikers Island jail to the hospital after complaining that he didn’t feel well and had experienced significant weight gain from medication, Rothfeld said. He underwent pericardiocentesis surgery Monday morning to alleviate a significant amount of fluid from his lungs and heart, Rothfeld said. In July, Weinstein was hospitalized for a “myriad of health conditions” and tested positive for Covid-19 and double pneumonia, his representative said.
Persons: Harvey Weinstein, Weinstein, Craig Rothfeld, Rothfeld, Oscar Organizations: Bellevue Hospital, Hollywood, NBC Locations: New York City, Rikers, New York, Los Angeles, York
But this year, men’s tennis has had a different complexion since none of Federer, Nadal or Djokovic has won a grand slam title for the first time since 2002. Whatever comes next is unlikely to mirror the previous era, leaving men’s tennis in an unfamiliar position, shorn of its three biggest icons who transcended the court. Carlos Alcaraz has already won four grand slam titles at the age of 21. “There has to be a real recalibration … because I already see people talking, like, ‘Can Alcaraz catch Djokovic’s grand slam record?’” Rothenberg tells CNN Sport. Medvedev and Dominic Thiem, who is retiring at the end of this year, are still the only men born in the 1990s to win a grand slam.
Persons: Roger Federer, Rafael Nadal, Novak Djokovic, Federer, Nadal, Djokovic, Andy Murray, , Carlos Alcaraz, Alcaraz, Sinner, , Mats Wilander, Pete Sampras, That’s, Ben Rothenberg, Matthew Stockman, Taylor Fritz, Frances Tiafoe, Ben Shelton, Holger Rune, Daniil Medvedev, ’ ” Rothenberg, Williams, , Wilander, Rafa Nadal, Medvedev, Dominic Thiem, Ryan Pierse, Rafa, ” Simon Cambers –, it’s, “ It’s, ” Jett Wright –, Topnotch Management –, David Foster Wallace, Anna Wintour, Angela Weiss, … Don’t, Björn Borg, Matteo Berrettini, Hugo Boss, Gucci, Simon Graf, Wright, Ernesto S, they’ll Organizations: CNN, Big, Australian, Wimbledon, Eurosport, CNN Sport, Federer, Serena, Nadal, “ Tennis, Topnotch Management, Getty, Cambers, MLB, MLS, NBA Locations: , American
From the moment Paul Graham dropped his essay on "founder mode," people online analyzed it like a stone tablet found bearing the new commandment of startupdom. But there's one group that has been privately wrestling with "founder mode" since before it had a meme-able name: female founders. Four female founders told Business Insider that a stark double standard prevents them from operating their startups as their male counterparts do. Bumble founder Whitney Wolfe Herd wrote on Instagram that she was "in founder mode for 10 years and got attacked for it every single day." But unlike female founders, he and Neumann, the WeWork founder, enjoy the luxury of being given second chances by investors.
Persons: Paul Graham, Tobias Lütke, Baron Davis, Jessica Lessin, Tim Cook, Satya Nadella, that's, There's, they'll, Amanda E, J Morrison, Julie Products, Adam Neumann, Sophia Amoruso, it's, Whitney Wolfe Herd, Morrison, We've, they're, Clara Brenner, They're, she's, Julie, Christie Horvath, Wagmo's, Horvath, there's, Anna Barber, Barber, Jenny Fielding, Fielding, Elon, Sara Mauskopf, Slack, Musk, Mauskopf, Neumann, It's, Ty Haney, athleisure —, Haney, Graham's Organizations: Service, Founders, Spotify, Urban Innovation Fund, CVS, M13 Ventures, Ventures, TechCrunch
Customers have come to expect when they order something online, it arrives in two days or less. Many logistics companies have warned about shipping delays due to extreme weather. Freight solutions company Breakthrough, which focuses on sustainable transportation, conducted a survey of 500 shippers and carriers this year that revealed extreme weather was cited as the top transportation challenge. And rather than rely on large warehouses, it uses its stores as hubs, which helps it change delivery fulfillment quickly. In addition to closing warehouses in cases of extreme weather, Amazon is using algorithms to plan delivery worker routes.
Persons: Jenny Zanden, Donner, Parvez Musani, Musani Organizations: Sparks, Walmart, Amazon, Daily Locations: Panama, U.S, Sparks , Nevada, Sierra, Nevada , California, Oregon, New Jersey, California
CNN —The fate of two NASA astronauts — who have been in limbo aboard the International Space Station for about 80 days because of issues plaguing their Boeing Starliner spacecraft — may soon become clear. The space agency routinely delays news conferences, however, if discussions take longer than expected. Still, the federal agency funded SpaceX’s Crew Dragon and Boeing’s Starliner at the same time in 2014. The United Launch Alliance Atlas V rocket, topped by a Boeing CST-100 Starliner spacecraft, lifts off on an uncrewed test flight on December 20, 2019, in Cape Canaveral, Florida. If the Starliner capsule is ultimately certified, it could join SpaceX’s Crew Dragon in making routine trips to the space station to rotate staff.
Persons: , Suni Williams, Butch Wilmore, Williams, Wilmore, , Mark Nappi, we’ve, Ken Bowersox, Bowersox, Starliner, Joe Raedle, SpaceX’s Organizations: CNN, NASA, Space, Boeing, Engineers, NASA NASA, SpaceX, International, Soyuz, United Launch Alliance, V Locations: Cape Canaveral , Florida
Social Security won't save you
  + stars: | 2024-08-24 | by ( Juliana Kaplan | Noah Sheidlower | Allie Kelly | ) www.businessinsider.com   time to read: +11 min
Though many say they are thankful to have Social Security payments at all, they aren't enough to fill the gap. To help pay the bills, nearly 80% of retirees receive some Social Security income, per BI's calculations, and the Social Security Administration estimates that 97% of older adults will ultimately receive benefits. She told BI that her expected $2,000 monthly Social Security payments may not be enough. As pensions dissipate and only higher-earning retirees have savings, Social Security might only become more pivotal for retirees. Advertisement"I don't want to be rich, I just need to be comfortable," 62-year-old Angela Babin — who lives on her $1,100 monthly Social Security check — told BI.
Persons: , Emma Echols, she'll, Echols, she's, She's, Xers, Tracey Gronniger, Cheryl Simmons, Franklin D, Roosevelt, they've, Mary Dacus, Stephen, They've, Becky Davenport, Davenport, Donald Trump, Bernie Sanders, Elizabeth Warren, Gronniger, Angela Babin — Organizations: Service, Social Security, Business, Social, Security, Social Security Administration, SNAP, Pew Research Center, Republican, Republicans, allisonkelly Locations: Alabama, San Diego, Spain, Greece, Robinson , Illinois, Florida, Anchorage
That should come as no surprise to anyone who’s followed Emhoff since Harris took office. From left to right, Helena Hudlin, goddaughter of Kamala Harris and Meena Harris, Harris' niece stand alongside Emhoff to speak at the final day of the DNC. Ella Emhoff arrived on the first day of the DNC in official Harris-Walz merch. Chip Somodevilla/Getty ImagesFor her speech, she wore an off-the-shoulder asymmetric baby blue and white drop-waist gown with a hand-ruched tulle skirt. Ando wrote on Instagram that the dress took three days to make and that Emhoff herself crocheted the piece’s flower detail on the shoulder strap.
Persons: Michelle Obama’s, Kamala Harris’s, Jill, Ralph Lauren, Ella Emhoff, who’s, Harris, Emhoff, Helena Hudlin, Kamala Harris, Meena Harris, Bernadette Tuazon, , Proenza Schouler, Maisie Wilen, Joe Biden’s, , Helmut Lang, Chappell Roan, Thom Browne, Doug Emhoff, Walz merch, Win McNamee, Momala ”, — “, Kamala, She’s, she’s, Harris’s, Chip Somodevilla, Gen, Mary Jane, Joe Ando, Ando Organizations: CNN, Democratic National Convention, DNC Locations: Chicago
Read previewRobert F. Kennedy Jr. suspended his long-shot presidential campaign on Friday, throwing his support behind former President Donald Trump in a bid to shake up an already chaotic 2024 race. Related storiesIn recent days, Kennedy's campaign has shown signs of strain. Kennedy seemed primed to be a factor in the 2024 election when it appeared that President Joe Biden and Trump were destined for a rematch. Early polls showed that Kennedy was nearing double-digit support when faced with a likely Trump-Biden rematch that Americans didn't want. But, like Trump, Kennedy has faltered over the summer.
Persons: , Robert F, Kennedy Jr, Donald Trump, Kennedy, Abraham Lincoln's, Nicole Shanahan, Kennedy —, Trump, Donald Trump isn't, he's, Mary Beth Cahill, Kennedy's, Kathleen Kennedy Townsend, Kamala Harris, Joe Biden, hasn't, Biden, Shanahan, Timothy Mellon Organizations: Service, Business, Trump, Democratic, GOP, Democratic National, RFK Jr, DNC, The Washington Post, Biden, Silicon, Kennedy, PAC Locations: Arizona, Maryland, Silicon Valley
While locking their credit won't solve all cybersecurity issues related to stolen Social Security numbers, it's one extra layer of protection parents can implement. Parents can take these steps proactively even if there's nothing to suggest a minor's credit has been compromised such as unexpected credit card solicitations or bills received in the minor's name. It can take some time and effort to lock a child's credit, but the outlay is minimal compared with what can be a lengthy and emotional credit restoration process. Locking a child's credit won't protect against all of these, but it's a solid step in the right direction, financial professionals said. To check to see if their child has a credit report, parents can mail a letter with their request to each of the credit bureaus.
Persons: , Kim Cole, Loretta Roney, It's, Cole, Bruce McClary, McClary Organizations: Social, Social Security, Navicore Solutions, InCharge, Federal Trade Commission, Administration, Foundation, Credit Counseling
From when I was a schoolgirl through college until today, my mother has always offered to buy me clothes, shoes, and more. I'm quite sure this is partly because she would like me to dress better and partly because I'm her daughter, and she loves me. I also have a myriad of memories of my father bringing me documents to sign when I was quite young. At no point in my life have I saved up to buy jewelry, and I can count the times when I have saved up money to buy anything. I'm 40 now, and as I stare at my daughter smiling, I spot the tiny diamond earrings sparkling in her ears and smile, too.
Persons: It's Organizations: Service
But a recent appointment at ila Only Spa at the luxurious Lotte New York Palace hotel didn't resemble past spa experiences. Litman secured $80 million in funding and spent seven years on research and development before launching the world's first customizable robot massage in March. What a robot massage feels likeFor those who are uncomfortable stripping down in front of a stranger, Aescape solves the problem. I lay face down on the massage table, which was firmer than a typical spa table. I typically request moderate pressure from massage therapists, but Aescape's middle setting felt intense.
Persons: I'm, Eric Litman, It's, Aescape, Litman, Tristina Damico, massages, Aescape massages Organizations: Lotte New, Lotte, Massage, New Yorkers, Global Wellness Institute Locations: ila, Lotte New York, New York, York, New York City, Union Square, Midtown Manhattan, U.S, Aescape, Aerwear
Niccol has a "great track record" and is an "outstanding" hire for Starbucks, Edward Jones restaurant analyst Brian Yarbrough told Business Insider. Alongside Curt Garner, the chain's chief information officer who joined in 2015, Niccol helped spearhead Chipotle's digital turnaround. In Niccol's first full year at Chipotle, in 2019, digital sales were up 90%. AdvertisementMost locations already had two make lines when Niccol joined Chipotle, but the strategy was unclear, BI previously reported. "Whether you're a light, medium, or heavy user, when you're in the rewards program, you come more frequently and you spend more," Niccol told investors in February.
Persons: , Taco Bell, Brian Niccol, Laxman Narasimhan, Niccol, Edward Jones, Brian Yarbrough, William Blair, Sharon Zackfia, Howard Schultz, He's, perf, Chipotle, Chipotle's, Gregory Rec, Jack Hartung, Curt Garner, they'd, Jefferies, Andy Barish Organizations: Service, Taco, Starbucks, Business, Portland Press, Getty, Niccol's, BI Locations: Chipotle, Ohio, China
Artificial intelligence offers significant benefits for seniors, from the ability to curb loneliness to making it easier for them to get to medical appointments. I’m too old to worry about that.”Classes like these aim to familiarize aging early adopters with the myriad ways the technology could better their lives but also encourage skepticism about how artificial intelligence can distort the truth. What are the geopolitical implications of artificial intelligence? Seniors who have taken such AI classes said they came away with a clear understanding of AI’s benefits and pitfalls. You really have to question it,” said Linda Chipko, a 70-year-old who attended an AI class in June in suburban Atlanta.
Persons: , , Barbara Winston, Winston, “ I’m, Michael Gershbein, Gershbein, Dianne Stone, Siwei Lyu, Lyu, Linda Chipko, Chipko, “ It’s, Ruth Schneiderman, ” Schneiderman Organizations: North Shore Senior Center, AARP, AI, National Council, Aging, University, Buffalo, Seniors Locations: NORTHFIELD, Ill, Chicago, Northfield, , Charleston , South Carolina, Connecticut, Atlanta
While there was some demand for protection against the prospect of volatility reemerging, overall sentiment across Wall Street had gotten more bullish. Until Wall Street can be sure that the consumer will hold on (or not), conviction is easily shaken. After years of weird times and outsize gains, Wall Street is dancing on a knife's edge. After years of weird times and outsize gains, Wall Street is dancing on a knife's edge. What happened on Monday was a sudden realization that the new structure may assert itself before Wall Street imagined it would.
Persons: , Jerome Powell, we've, they'd, corporates, Dow, Mandy Xu, Cboe's, Wall, Torsten Slok, Slok, Shake, Kevin Gordon, Charles Schwab, they've Organizations: Dow Jones, Bank of Japan, Big Tech, Federal Reserve, Nasdaq, Wall, Apollo Global Management, Corporations, Companies Locations: Asia, Japan, Mexico
The 🇺🇸 #USABMNT wins a 5th consecutive Olympic gold medal! pic.twitter.com/nYx0SBh0Ui — USA Basketball (@usabasketball) August 10, 2024Kevin Durant, already the U.S. all-time leading scorer, is now the only men’s player ever to win four Olympic golds in basketball. Devin Booker, now a two-time gold medalist, scored 13 of his 15 points for the U.S. in the first half. Anthony Davis, also a two-time Olympic gold winner, added eight points and nine rebounds. Team USA listens to the National Anthem after receiving their gold medals.
Persons: James Brown’s, America ”, S., bea, rui, Kerr, Tatum, fini, James was a, avis to en, l, Ker, Greg Organizations: PARIS, Bercy, NBA, France, United States, USA, eni Locations: America, U.S, Los Angeles, Paris, USA
If approved, it would have been the first new treatment for PTSD in more than two decades. Lykos Therapeutics had asked the FDA to approve the drug as part of a treatment regimen, given alongside talk therapy. Lykos Therapeutics had asked the FDA to approve the drug as part of a treatment regimen, given alongside talk therapy. Lykos added that the agency expressed concerns similar to those raised during the advisory committee meeting in June. Davis Institute for Psychedelics and Neurotherapeutics, said he doesn’t think the FDA decision will hinder the development of psychedelics for mental health disorders, including PTSD.
Persons: , , Holly Fernandez Lynch, Lykos, Amy Emerson, Sarah Silbiger, David Olson, Olson, ” Olson, Brian Barnett, ” Barnett, Joe Biden, Biden, Robert Califf, ” Lynch, psychedelics, David Rind Organizations: Drug Administration, Therapeutics, FDA, Lykos Therapeutics, University of Pennsylvania, Davis Institute for Psychedelics, Cleveland Clinic, Clinical Locations: U.S, White Oak, Md, Ohio
Female athletes of color have historically faced disproportionate scrutiny and discrimination when it comes to sex testing and false accusations that they are male or transgender. Since the Tokyo Games in 2021, track’s World Athletics tightened the eligibility rules for female athletes with DSD conditions. Male athletes are not required to regulate their natural levels of testosterone, and female athletes who do not have DSD conditions also can benefit. In this dysfunction, boxing eligibility rules have not kept pace with other sports, and the issues weren’t addressed ahead of the Paris Games. She challenged track and field’s initial testosterone rules passed in 2011 as a reaction to Semenya.
Persons: Lin Yu, Semenya, , ” Semenya, , Mark Adams, Lin, Dutee Chand, Chand Organizations: Paris Olympics, Tokyo Olympics, Paris Games, International Boxing Association, Tokyo Games, Athletics, Cycling Union, FIFA, Sport, Olympic, IOC, IBA, European, of Human Locations: Algeria, Taiwan, Paris, Rio, Janeiro, Switzerland, Russian, India, Lausanne
Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewOver the past few years, ultra-processed foods have been the subject of myriad new stories, Instagram posts, and dinner party conversations. There's a lot to consider when choosing food, Ludlam-Raine said. AdvertisementNot enjoying a slice of birthday cake with family and friends once in a while could be more damaging than having it, because social interactions are a big part of health, Ludlam-Raine said. For this reason, she advises people to strive for an 80% whole food diet and then not worry about eating 20% UPF.
Persons: , Ludlam, Raine, it's, UPFs, UPF Organizations: Service, Business Locations: Ludlam
I stopped spending money on things that weren't of value to me." Side hustles and investing in retirement can boost one's savingsOver the past decade, Grumet has padded his savings through various income streams. In addition to hospice work, he's also tried side hustles that include medical expert work, nursing home medical directing, medical blogging, and several forms of consulting. While the extra income has helped boost his savings, Grumet said investing much of this income into the stock market — and seeing strong investment returns — is what's allowed his finances to truly blossom. Grumet said his retirement goal was to have at least 25 times his total annual spending in savings — he's already met this milestone.
Persons: , Jordan Grumet, Grumet, who's, he's Organizations: Service, Business, BI, FIRE Locations: Illinois
A small fire in a wheelie bin was also visible while windows in the hotel were smashed. Police in the north of England town of Rotherham struggled to hold back a mob of far-right rioters who were seeking to break into a hotel housing asylum-seekers. U.K. Prime Minister Keir Starmer has condemned the attack on a hotel housing asylum seekers, describing it as "far-right thuggery" as violence broke out in several towns and cities across the country. Police in the north of England town of Rotherham struggled to hold back a mob of far-right rioters who were seeking to break into a hotel housing asylum-seekers. Britain's new prime minister, Keir Starmer, has blamed the violence on "far-right hatred" and vowed to end the mayhem.
Persons: Keir Starmer, John Healey, George Robertson, Tiffany Lynch, Wales, Andrew Menary, Axel Rudakubana, Rudakubana, Stephen Yaxley, Lennon, Tommy Robinson, Elon Musk, Nigel Farage, , , Diana Johnson Organizations: British, Defence, Downing, Police, . Police, Police Federation of England, BBC, English Defense League, Merseyside Police, Twitter, Elon, Reform U.K Locations: London, England, Rotherham, Middlesborough, Belfast, Northern Ireland, Liverpool, Bristol, Southport, Wales, Rwandan, France
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