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☆ Kids won't always be happy, and that's OK. Allowing room for the full range of emotions sends an important message.
▼ + stars: | 2024-10-15 | by ( Gabrielle Stanley Blair | Ben Blair | ) www.businessinsider.com time to read: +7 min

This is an adapted excerpt from their new book "The Kids Are All Right: Parenting with Confidence in an Uncertain World." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementOne thing we've noticed with our six kids is that each has a different emotional baseline. After all, the work usually involves difficult, objectionable, or tedious work (like clearing out an attic, removing wallpaper, cleaning out a drain, or taking a load of heavy bags to the dump). Excerpted from The Kids Are All Right: Parenting with Confidence in an Uncertain World by Gabrielle Blair and Ben Blair.

Persons: Gabrielle Blair, Ben Blair, —, We've, We're, We'll, we'd, Workman Organizations: Newlane University, Service, Workman Publishing Co, Inc, Hachette Book Locations: United States, Normandy, France

☆ Financial stocks are still being woefully underappreciated by investors, Morgan Stanley says
▼ + stars: | 2024-10-14 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Positioning in financial stocks is light relative to other sectors, Morgan Stanley says. AdvertisementInvestors are lingering in defensive trades that don't take advantage of the economy's strength, Morgan Stanley said, highlighting opportunities in underinvested sectors. The firm — which just last week upgraded cyclical stocks to "overweight" relative to defensives — described the financials group as particularly attractive. Morgan Stanley said net exposure to financials was in the bottom 15th percentile of a historical data series that goes back to 2010. Morgan Stanley noted that this weakness lowered earnings-season expectations for investors, making it easier for major lenders to outperform forecasts.

Persons: Morgan Stanley, —, financials, Mike Wilson, Wells Fargo, Wilson Organizations: Service, Bank, JPMorgan, Utilities, defensives, ISM Locations: Basel

☆ Israel’s last war against Hezbollah ended in stalemate. Fierce border clashes suggest a win won’t be easy
▼ + stars: | 2024-10-12 | by ( Ivana Kottasová | ) edition.cnn.com time to read: +13 min

Northern Israel CNN —The Ziv hospital in northern Israel is on high alert. Both the IDF and Hezbollah said there had been fierce clashes and several cross-border attacks in the past week. Most troops appeared in high spirits in the days after the ground operation began. He was born in 2006, the year of the Second Lebanon War – a coincidence that is not lost on him. “The first (Israeli) soldiers have now been killed in the Third Lebanon War and the children who will fight in the Fourth Lebanon War are being born now,” he said.

Persons: Northern Israel CNN —, Israel, Salman Zarka, Majdal Shams, “, Ivana Kottasova, Daniel Sobelman, ”, Zarka, Hassan Nasrallah, Sobelman, that’s, ” Sobelman, They’re, Herzi Halevi, Benjamin Netanyahu, Itamar Greenberg, refusenik ” Itamar Greenberg, CNN Greenberg, Greenberg Organizations: Northern, Northern Israel CNN, CNN, Ziv Medical, IDF’s Medical Services Center, Israel Defense Forces, Ziv Medical Center, IDF, United Nations, Hebrew University of Jerusalem, Lebanese, UN, West Bank, Lebanon Locations: Northern Israel, Israel, Lebanon, Syria, Golan, Safed, Iran, Beirut, Shmona, Gaza, ”, Tel Aviv

☆ Trump campaign connected with Elon Musk’s X before it blocked links to hacked materials
▼ + stars: | 2024-10-11 | by ( Liam Reilly | ) edition.cnn.com time to read: +4 min

New York CNN —Former President Donald Trump’s campaign connected with Elon Musk’s X last month to discuss hacked Trump campaign materials circulating on the social media platform before X blocked links to the files and banned the independent journalist who published the materials, a person familiar with the matter told CNN. A person familiar with the matter told CNN on Friday that the Trump campaign had a conversation with X officials about the hacked materials before Klippenstein was banned and links to his newsletter were blocked. The person said the campaign did not push X officials to remove links to the materials and that X had made the decision. The New York Times first reported the Trump campaign’s correspondence with X officials in an article on Musk “going all in” to elect Trump. In July, Politico flagged that its reporters had received emails from an individual offering a similar trove of private documents from inside the Trump campaign.

Persons: Donald Trump’s, Elon Musk’s, Ken Klippenstein, Sen, JD Vance, Trump, Klippenstein, Klippenstein’s Instagram, Hunter Biden, Musk, reelect Trump, Tucker Carlson, Kamala, Harris, ” Organizations: New, New York CNN, Elon, CNN, Trump, New York Times, X, Politico, Times, Washington Post, New York, Hunter Biden . Company, Twitter, PAC Locations: New York, ”, New, Pennsylvania

Around 400,000 claims worth $10 billion are being processed for eligible business owners who applied for tax refunds under the Covid-era Employee Retention Credit (ERC) program, the IRS said Thursday. He also highlighted recently announced tax relief for those in affected regions, including filing and payment extensions for individuals and businesses. For taxpayers with fully processed ERC claims whose mail routes have been disrupted, the U.S. The tax program allows businesses to claim up to $26,000 per employee on its payroll. “It’s past time to eliminate this fraud-ridden pandemic-era policy so we can concentrate on getting our fiscal house in order.”The tax program was originally projected to cost the government $55 billion.

Persons: Hurricane Helene, Hurricane Milton, Mike Martinez, ” Martinez, Maia Toll, Andrew Celwyn, Emily Nichols, —, Helene, Toll, Helene lobbed, they’re, ”, Sen, Thom Tillis, Tillis, “ Organizations: NBC News, ERC, IRS, U.S . Postal Service, Small Business Administration, Asheville, Intuit, SBA Locations: Hurricane, Asheville , North Carolina, Asheville, N.C, North Carolina, Philadelphia

☆ Critical Role CEO Travis Willingham says the crew's got an international wishlist of places to take their nerdworld business
▼ + stars: | 2024-10-10 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +6 min

Advertisement"All of us know how important stories — and other people's stories — have been to us, personally," O'Brien told BI. In this week's release, Vox Machina battles a dragon (voiced by O'Brien) and contends with the demon Zerxus Ilerez. "Vex and Percy's relationship is one of my favorite things about Campaign One," Bailey told BI. AdvertisementEphraim Chua, 32, told BI he's excited to see how CR has adapted its main campaigns for the animated series. Willingham told BI that when it comes to CR's content, "there's a seat for everybody at the table."

Persons: Vox, CR's, Travis Willingham, —, Liam O'Brien, Marisha Ray, Ashley Johnson, O'Brien, we've, Willingham, they've, Brennan Lee Mulligan, Farez Najid, Farez, Matthew Mercer —, Laura Bailey, Taliesin, Vex'ahlia, Percy, Bailey, Ephraim Chua, Bhavna Vasnani, ✨, AlQnlSPC3C, Cheryl Teh, CR's Johnson Organizations: Service, they're, BI, London's Wembley, CR, playgroups, Prime Locations: Los Angeles, Singapore, South America, Australia, Madison, New York

☆ Far-right conspiracy site Gateway Pundit settles 2020 defamation lawsuit brought by Georgia election workers
▼ + stars: | 2024-10-10 | by ( Marshall Cohen | ) edition.cnn.com time to read: +2 min

Washington CNN —Gateway Pundit, the far-right conspiracy site, has settled a defamation lawsuit from two Georgia election workers who were falsely accused of rigging the 2020 results. The Gateway Pundit, infamous for publishing extremely partisan and sensationalized material, often dabbles in baseless right-wing conspiracy theories. The company tried to declare bankruptcy in April, saying the 2020 defamation cases were threatening its solvency. Gateway Pundit is appealing that ruling. Freeman, Moss and Giuliani have a major hearing on the debt-collection efforts scheduled for next week in federal court in New York.

Persons: Ruby Freeman, Shae Moss, Rudy Giuliani, Jim Hoft, Donald Trump, Freeman, Moss, Giuliani, CNN’s Katelyn Polantz Organizations: Washington CNN —, Trump, CNN, New York Yankees Locations: Georgia, Decemeber, New York

☆ A Florida man riding out Hurricane Milton on his boat alarms TikTok and local officials
▼ + stars: | 2024-10-09 | by ( Sophia Pargas | Sophia Pargas Is A News Associate For Nbc News. | ) www.nbcnews.com time to read: +4 min

Lieutenant Dan. Courtesy Terrence ConcannonMalinowski, now known on TikTok as “Lieutenant Dan,” recently moved to Florida and lives on his 20-foot sailboat at the Tampa Bay Harbor. Check on Dan,’” Concannon told NBC News in an interview Wednesday morning. For “Lieutenant Dan,” the gesture did more than change his financial situation. But many — including Concannon — worry “Lieutenant Dan” may not survive Hurricane Milton, forecast as the worst hurricane to hit Tampa in over 100 years.

Persons: Terrence Concannon, ” Concannon, Concannon, Joseph Malinowski, Hurricane Helene, Hurricane Milton, Milton, Malinowski, Dan, Terrence Concannon Malinowski, ”, Forrest Gump’s, Carmen, ” Malinowski, Helene ”, It’s, —, ‘, ’ ” Concannon, Helene, “, Helene TikTok, I’ve, Terrence, Dan ” Organizations: Tampa, NBC News, Hurricane, NBC Locations: Tampa , Florida, Hurricane, Tampa, Florida, Hurricane Milton

☆ Buy New York Times stock on subscription success and AI licensing, Deutsche Bank says
▼ + stars: | 2024-10-09 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

The New York Times stands out in the media landscape because of its thriving subscription business as well as opportunities stemming from artificial intelligence applications, according to Deutsche Bank. Analysts led by Benjamin Soff initiated research coverage of the 173-year-old newspaper's stock with a buy rating and a $65 price target. "In our view The New York Times' news publishing is differentiated in today's media landscape," Soff wrote in a Wednesday note announcing the call. NYT YTD mountain NYT shares, year to date Moreover, Soff said the Times can see additional upside tied to AI licensing agreements, noting the company is building out its own internal AI capabilities. Times shares have added nearly 12% in 2024, building on last year's 50% advance.

Persons: Benjamin Soff, Soff Organizations: New York Times, Deutsche Bank ., Times

☆ Shari Redstone says CBS leaders made ‘bad mistake’ with handling of Ta-Nehisi Coates interview fallout
▼ + stars: | 2024-10-09 | by ( Hadas Gold | Liam Reilly | ) edition.cnn.com time to read: +4 min

New York CNN —Shari Redstone, the chair of CBS parent company Paramount Global, said Wednesday that CBS leadership made a “bad mistake” with their handling of “CBS Mornings” co-host Tony Dokoupil’s contentious interview last week with author Ta-Nehisi Coates. In stark opposition to what CBS editorial leadership told staff on Monday, Redstone said she did not think Dokoupil had violated the network’s editorial standards when he grilled Coates over the content of his new book. I think he handled himself and showed the world and modeled what civil discourse is. On Wednesday, Redstone said the network’s executives made a “bad mistake” in how they handled the ensuing controversy over the interview. Several correspondents and producers had expressed concern with Dokoupil’s conduct in numerous instances, beyond the Coates interview.

Persons: Shari Redstone, Tony Dokoupil’s, Nehisi Coates, Redstone, Dokoupil, Coates, Tony, ” Redstone, ”, “, ” Dokoupil, “ I’ve, I’ve, Wendy McMahon, Adrienne Roark Organizations: New, New York CNN, CBS, Paramount Global, ” CBS, CNN Locations: New York, Dokoupil, Israel

☆ Georgia group that pushes election misinformation gains influence
▼ + stars: | 2024-10-09 | by ( Curt Devine | Donie O'Sullivan | ) edition.cnn.com time to read: +14 min

As an example, he cited his inability to review ballots from the 2020 election. If the system is secure, they would have produced the paper ballots,” Favorito said. Favorito has also made connections with election officials around Georgia, some in Republican-leaning districts. Still, after Donald Trump lost the presidency, VoterGA began peddling claims that “significant evidence of fraud” existed in Georgia’s 2020 election. Favorito and VoterGA have made connections with others in the national movement that has cast doubt on the 2020 election.

Persons: Garland Favorito, VoterGA, they’ve, Favorito, Michael Flynn, ” Gabriel Sterling, ” Favorito, John F, Favorito’s, US Sen, David Perdue, Garland, Matt Hamilton, Holden, ”, ” Holden, “, David Hancock, ” Megan Bellamy, “ We’re, Joseph Kirk, Travis Doss Jr, Doss, Bill Clinton, Clinton, Israel, President Kennedy, Robert, Israel’s, CNN “, ” Garland, Donald Trump, Patrick Byrne, Overstock.com, Doug Logan, Cleta Mitchell, Flynn, Sterling, ” Sterling, Trump, ” CNN’s Sean Clark Organizations: CNN, Peach State, Republican, Trump, “, CIA, Georgia Capitol, US, Chattanooga Times Free Press, Facebook, Georgia, The Atlanta, ”, America, JFK Jr, Southern Poverty Law Center, Nazi, Favorito, Georgia Bureau of Investigation, FBI, The America, American Locations: Georgia, Peach, ”, Ringgold , Georgia, Paulding County, Atlanta, Gwinnett, “ Georgia, Bartow County, Washington, Georgia’s, Fulton County, Maricopa County

Meanwhile, Jefferies began coverage of Reddit with a buy rating and a price target of $90. Champine said the Federal Reserve lowering interest rates was a driving force for the price target changes. Analyst William Kerr initiated coverage of the pet ecommerce retailer with a buy rating and $38 price target. RBLX YTD mountain RBLX in 2024 — Alex Harring 5:50 a.m.: Citi says UPS is a buy Buy the dip on UPS shares, according to Citi. Analyst Ariel Rosa initiated the delivery giant with a buy rating and a price target of $162.

Persons: Jefferies, Laura Champine, Champine, Helene, Milton, Lowe's, — Alex Harring, Piper Sandler downgrades Blackstone Piper Sandler, Crispin Love, Love, Blackstone, Morgan Stanley, Sanjit Singh, Singh, Alex Harring, TD Cowen, William Kerr, Kerr, Benjamin Soff, Soff, Ken Gawrelski, Gawrelski, Roblox, Ariel Rosa, Rosa, — Fred Imbert, John Colantuoni, Colantuoni, EBITDA Organizations: CNBC, Wednesday, Citi, UPS, Capital, Federal Reserve, Blackstone, Industry, Deutsche Bank, New York Times, Amazon Logistics, Walmart Locations: Wells, China, Tuesday's

☆ Putin's weak response to Ukraine's advance on Russian soil appears to be rooted in a persistent fatal flaw
▼ + stars: | 2024-10-09 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +7 min

Russia's weak response in Kursk shows Putin's leadership still has a major flawRussia's response was slow, allowing Ukraine to take territory, and it hasn't put a general in charge. Putin doesn't want a situation where "any general could claim credit for being the victor," an expert told BI. AdvertisementRussia's weak response to Ukraine's assault into Russian territory is partly due to a persistent flaw in Russian President Vladimir Putin's leadership, a warfare expert told Business Insider. Weeks after the start of the full-scale invasion, Russia put Gen. Aleksandr V. Dvornikov in charge of operations in Ukraine. Destroyed Russian military vehicles on the outskirts of Sudzha, in the Kursk region, in August.

Persons: hasn't, Putin, —, Vladimir Putin's, Michael Bohnert, Vladimir Putin, Bohnert, GRIGOROV, Weeks, Aleksandr V, KIRILL CHUBOTIN, Simon Sebag Montefiore, George Barros, Sergei Shoigu Organizations: Service, RAND Corporation, Getty, New York Times, UK Ministry of Defense, Russian, Moscow Times, Publishing, Institute for, Newsweek Locations: Kursk, Ukraine, Russia's Kursk, Russia, Moscow, Kremlin, Russian, Sudzha

☆ OpenAI backer Vinod Khosla on why all the executive departures may be a good thing, taking on Elon Musk, and fixing AI's image problem
▼ + stars: | 2024-10-08 | by ( Ben Bergman | ) www.businessinsider.com time to read: +4 min

Khosla Ventures was the first investor in OpenAI when it switched to a "capped-profit" model in 2018. When OpenAI switched from a non-profit to a "capped-profit" company in 2018, he put his money where his mouth was when Khosla Ventures stepped forward with the first check. While some notable earlier investors sat out this round, such as Sequoia Capital, sat out this round, Khosla Ventures doubled down. "There's plenty of companies in the public markets that have higher revenue multiples with much lower growth than OpenAI," Khosla said during an interview this week. Advertisement"I think a number of people who left recently really want to start something of their own, but the organization is also being rationalized for agility and speed," Khosla said.

Persons: Khosla, —, Vinod Khosla, OpenAI, Mira Murati, Ilya Sutskever, Andrej Karpathy, John Schulman, Sam, Altman, Sutskever, X, 4chan Khosla, Donald Trump, Elon Musk, Musk Organizations: Khosla Ventures, Service, Sequoia Capital, 4chan, 4Chan Locations: OpenAI, Silicon Valley, It's

☆ Trump-Putin relationship: New book details secret COVID tests, up to 7 phone calls since 2021
▼ + stars: | 2024-10-08 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

A new book by Bob Woodward includes new details about Trump's relationship with Putin. Trump reportedly sent Putin COVID tests in 2020 and may have called him up to 7 times since 2021. AdvertisementIn a forthcoming book, journalist Bob Woodward reports that former President Donald Trump and Russian President Vladimir Putin have a deeper relationship than previously known. According to excerpts published by CNN and the Washington Post on Tuesday, Trump sent Putin COVID testing machines in early 2020 for his personal use. The book also says that Trump may have had up to seven phone calls with Putin since leaving office in 2021, citing a Trump aide.

Persons: Bob Woodward, Putin, Trump, Woodward, —, Donald Trump, Vladimir Putin, Steven Cheung, Cheung Organizations: Trump, Service, CNN, Washington Post, Putin Locations: Ukraine

A torrent of false claims has muddied details around the recovery efforts following the storm, which left hundreds dead and entire communities destroyed. That weariness has been echoed by other local officials and citizens who are still reeling from one of the worst storms in U.S. history. Trump used his high-profile return to Butler, Pennsylvania, where he was nearly killed by a gunman, to continue to spread false claims about FEMA. Even as some claims were quickly debunked, more continued to surface across platforms such as X, TikTok and Facebook. The deluge has frustrated public officials, who say they distract from rescue efforts and disorient workers trying to provide help.

Persons: Hurricane Helene, Kevin Corbin, ”, Sen, Thom Tillis, I’ve, influencers, Donald Trump, Trump, Pete Buttigieg, Elon Musk, Musk, Buttigieg, ” Musk, Helene, Deanne Criswell, ABC’s, ” Criswell, “ We’ve, Criswell, “, Roy Cooper, ” Cooper, grifters Organizations: Republican, Democratic, Federal Emergency Management Agency, Facebook, FEMA, CBS, Transportation, North Carolina Department of Public Safety, North Carolina Gov Locations: WNC, Republican North Carolina, Antarctica, Butler , Pennsylvania, “, Valdosta , Georgia

☆ Elon Musk's childhood fascination with sci-fi motivates his desire to lead the AI race, biographer Walter Isaacson says
▼ + stars: | 2024-10-07 | by ( Ana Altchek | ) www.businessinsider.com time to read: +5 min

Walter Isaacson said Elon Musk's AI motives likely stem from early ambitions inspired by sci-fi themes. Isaacson said Musk told him he wanted to start an AI company because he didn't trust Sam Altman. "He's telling me, 'I'm gonna start from scratch an AI company 'cause I don't trust Sam Altman,'" Isaacson recalled in an interview with CNBC's Squawk Box published Friday. The AI company competes directly with OpenAI, which he helped found and fund before a reported falling out. Isaacson, Musk, and xAI did not immediately respond to a request for comment from Business Insider.

Persons: Walter Isaacson, Elon, Isaacson, Musk, Sam Altman, —, Elon Musk, lounging, CNBC's, he's, Isaac Asimov, He's, Isaac Asimov's, Douglas Adams, Altman, OpenAI, they're, xAI Organizations: Service, Twitter, SpaceX, Yorker, Business Locations: Austin

☆ CBS News says heated Ta-Nehisi Coates interview did not meet editorial standards after criticism
▼ + stars: | 2024-10-07 | by ( Brian Stelter | Hadas Gold | ) edition.cnn.com time to read: +5 min

New York CNN —CBS News executives said Monday that a heated morning show interview with acclaimed author Ta-Nehisi Coates, during which his new book was compared to “extremist” writings, did not meet the network’s editorial standards. CBS executives told staffers during a daily editorial meeting that the contentious “CBS Mornings” interview last week with Coates, led by co-anchor Tony Dokoupil, had been addressed with Dokoupil. The assessment pacified some employees who had objected to Dokoupil’s tone during the segment with Coates. During the September 30 interview, Dokoupil took issue with Coates’ framing in the book. The gripping interview — intense by the often cozy standards of morning television —has since been viewed many millions of times on streaming websites.

Persons: Nehisi Coates, Coates, Tony Dokoupil, Dokoupil, Dokoupil’s, Tony, Israel, ” Coates, “, ” Dokoupil, Gayle King, Nate Burleson, ”, —, Wendy McMahon, Adrienne Roark, McMahon, Roark didn’t, Jan Crawford Organizations: New, New York CNN, CBS, CNN, Management Locations: New York, Israel

☆ How JD Vance could set himself up to be Trump's GOP successor
▼ + stars: | 2024-10-06 | by ( John L. Dorman | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +5 min

Sen. JD Vance had a lot to prove during his vice-presidential debate with Minnesota Gov. AdvertisementOhio Sen. JD Vance and Minnesota Gov. Here's a look at some of the recent steps Vance has taken to solidify his GOP credentials ahead of a potential 2028 campaign. Former President Donald Trump's political brand has defined the Republican Party for nearly a decade. During the debate, Vance showed that he could walk that line.

Persons: Sen, JD Vance, Tim Walz, Vance, —, Ohio Sen, Donald Trump, Walz zeroed, Kamala Harris, Walz, Trump, Alyssa Farah Griffin, Trump's, MAGA, Ron DeSantis, Nikki Haley, Vance Vance, Donald Trump's, Brandon Bell, South Carolina Sen, Tim Scott, Texas Sen, Ted Cruz, there'd, Mike Nellis, Harris, isn't, William Martin, Donald J Organizations: Minnesota Gov, Service, Ohio, Trump, CNN, GOP, Trump Trump, Republican Party, Republicans, Florida Gov, Trump GOP, Senate, Capitol, South, Trump Republicans Locations: Minnesota, South Carolina, Texas

☆ Hollywood's franchise frenzy: More than half of top studios' 2025 movies are existing IP
▼ + stars: | 2024-10-06 | by ( Sarah Whitten | ) www.cnbc.com time to read: +6 min

The 2024 box office has been inundated with sequels, prequels and remakes, with the top 10 titles of the year all coming from existing intellectual property. Looking at the current 2025 calendar, between 50% and 70% of the movies from the six major studios — Universal , Disney , Warner Bros. , Paramount , Sony and Lionsgate — will be related to existing IP. Craig T Fruchtman | Getty Images Entertainment | Getty ImagesEven before Hollywood was disrupted by the pandemic and the meteoric rise of streaming content, the domestic box office was heavily reliant on franchise titles. While that's a 11.3% drop from last year and lags 25% behind pre-pandemic levels, the haul is better than box office analysts had expected. "Some of the most well-received box office hits in recent memory have been sequels or films based on existing brands and there is still a variety of original content out there."

Persons: There's, Paul Dergarabedian, Guy, Bob Marley, Craig T Fruchtman, Kung, Dergarabedian, Kraven, Hunter, King, Shawn Robbins, Bridget Jones, MEGAN, Downton, Michael, John Wick Organizations: Marvel, Disney, — Universal, Warner Bros, Paramount, Sony, Lionsgate, Comscore, Getty, Hollywood, Universal, Century Fox, Warner Locations: Shanghai, China, Kingdom, New York City, Peru

☆ How activist Irenic can amicably build shareholder value at Reservoir Media
▼ + stars: | 2024-10-05 | by ( Kenneth Squire | ) www.cnbc.com time to read: +7 min

Business: Reservoir Media operates a music publishing business, a recorded music business, a management business and a rights management entity in the Middle East. It operates through two segments: Music Publishing and Recorded Music. The Music Publishing segment is involved in the acquisition of interests in music catalogs, from which royalties are earned, as well as signing songwriters to agreements. The Recorded Music segment acquires sound recording catalogs and discoves recording artists, as well as markets, distributes, sells and licenses the music catalogs. After 12 years as a private company, RSVR went public in July 2021.

Persons: Joni Mitchell, Isley, Billy Strayhorn, Hoagy Carmichael, John Denver, Ali Tamposi, Jamie Hartman, Oak Felder, Steph Jones, Hans Zimmer, RSVR, Roth, Adam Rothstein, Irenic, SPACs, Khosrowshahi, Hipgnosis, Richmond Hill's, Ryan Taylor, Ken Squire Organizations: Reservoir Media, Publishing, Reservoir, Blackstone, Richmond Hill Investments, Richmond, 13D Locations: RSVR, Richmond

☆ Israel’s economy is paying a high price for its widening war
▼ + stars: | 2024-10-04 | by ( Hanna Ziady | ) edition.cnn.com time to read: +10 min

London CNN —In late September, as Israel’s nearly year-long war widened and its credit rating was downgraded yet again, the country’s finance minister, Bezalel Smotrich, said that, while Israel’s economy was under strain, it was resilient. Israel’s economy could shrink even more than that, based on a worst-case estimate by the Institute for National Security Studies at Tel Aviv University. Before the October 7 attack and ensuing Israel-Hamas war, the International Monetary Fund forecast that Israel’s economy would grow by an enviable 3.4% this year. Smotrich, the finance minister, is confident that Israel’s economy will bounce back once the war ends, but economists are concerned the damage will far outlast the conflict. Florion Goga/ReutersOther sectors of Israel’s economy, while less important than tech, have been hit much harder.

Persons: London CNN —, Bezalel Smotrich, ” Smotrich, Hassan Nasrallah, ratcheting, Karnit, ‘, Menahem Kahana, ”, “ Israel, “, Smotrich —, Flug, Ahmad Gharabli, Fitch, —, Coface, Avi Hasson, Hasson, Florion Goga, Yaron Liberman, ” Liberman Organizations: London CNN, CNN, West Bank, United Nations, BMI, Fitch Solutions, Institute for National Security, Tel Aviv University, International Monetary Fund, of Israel, Getty, Bank of Israel, Israel Democracy Institute, Institute for National Security Studies, Moody’s, Startup Nation Locations: Lebanon’s, Beirut, Israel, Lebanon, Gaza, Israel’s, Iran, AFP, Egypt, Syria, Golan, Jerusalem's Old City, United States, Tel Aviv, housebuilding . Tourism

President Joe Biden's student loan forgiveness program can proceed after a judge Wednesday let a temporary restraining order on the plan expire. He wrote that he would transfer the case to the U.S. District Court for the Eastern District of Missouri. The states that brought the lawsuit have argued that the administration’s rule that would mass-cancel student debt would be detrimental to income tax revenue. Biden laid out the revised plan in April after the Supreme Court nullified the administration’s original student debt forgiveness program in 2023. If the administration’s proposed rules are finalized this fall, it would bring the total number of recipients of student debt relief under Biden's tenure to 30 million, the Department of Education said in August.

Persons: Joe Biden's, Biden, Miguel Cardona, Randall Hall, Hall Organizations: GOP, Biden, Education, Miguel Cardona . U.S, District, Southern District of, Georgia, U.S, Eastern, of Missouri, Department of Education Locations: — Alabama, Arkansas, Florida, Georgia , Missouri, North Dakota, Ohio, Miguel Cardona ., Southern District, Southern District of Georgia, Georgia

☆ CNN requested an interview with Melania Trump. Her book publisher asked for $250,000 in exchange
▼ + stars: | 2024-10-03 | by ( Hadas Gold | Pamela Brown | ) edition.cnn.com time to read: +8 min

CNN —Nearly two months ago, CNN reached out to Melania Trump’s book publisher to request an interview with the former first lady ahead of her upcoming memoir. After several exchanges about a possible interview, the publisher sent an unusual demand last week: an interview would cost $250,000. Melania Trump’s spokesperson declined comment. Spokespeople for ABC, NBC and CBS declined to comment on whether they received a similar request for payment from Trump’s publisher. But in this case, the Trump campaign hasn’t been involved in Melania Trump’s book rollout.

Persons: Melania, ”, ” Tony Lyons, “, ” Lyons, Melania Trump’s, Donald Trump’s, Melania Trump, Trump, Lyons, Simon, Simon & Schuster, Marc Beckman, CNN –, “ It’s, Kate Anderson Brower, Grace, ” Anita McBride, George W, Bush, ” McBride, I’ve, Ainsley Earhardt, Fox’s Sean Hannity, Trump’s, it’s, Kelly McBride, Craig Newmark, Anita McBride, Casey Anthony, George Stephanopoulos, recusing, ABC’s, McBride, hasn’t, Donald Trump, CNN’s Brian Stelter Organizations: CNN, Skyhorse Publishing, ” CNN, ” Records, NDA, Simon &, American University, Fox News, ABC, NBC, CBS, Guardian, Ethics, The Poynter Institute, ABC News, Wednesday, Washington, Clinton Foundation, Poynter Institute, Trump

☆ Auto giants are getting nervous about the prospect of mega fines as EV demand falters
▼ + stars: | 2024-10-03 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +5 min

Cfoto | Future Publishing | Getty ImagesEurope's top car giants appear to be increasingly concerned about the prospect of massive fines, particularly as electric vehicle demand falters ahead of the next tightening of carbon regulations. "The fines are massive actually. "Manufacturers are pretty much focused on conventional hybrids and ICE vehicles because they are much more profitable," ING's Luman said. Pooling refers to the process in which car manufacturers team up to be considered as one entity when calculating their performance against a CO2 emissions target. Not everyone is convinced that the sales challenge that Europe's car industry faces constitutes an industry-wide crisis.

Persons: Rico Luman, Europe's carmakers, Luman, Luca de Meo, ACEA, Tim McPhie, McPhie, ING's Luman, Sean Gallup, Xavier Demeulenaere, Demeulenaere, Brandon Bell Organizations: Volkswagen, ING, CNBC, videoconference, Renault, EV, Reuters, European Automobile Manufacturers ' Association, BMW, Ferrari, Volvo, European Commission, Ford, Benz Group, Manufacturers, Getty, P Global Mobility, Transport, Environment, Hill Locations: Anhui, Hefei, China, Europe, ACEA, Weissenfels, Germany, Austin , Texas

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