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The death of a 53-year-old Ohio man who died in police custody in April after he repeatedly told officers “I can’t breathe” has been ruled a homicide. Bodycam video shows police approaching Frank Tyson at an AMVETS post in Canton Township, Ohio, on April 18. The officers tell him he is fine and to calm down and stop fighting as he is handcuffed face down. A passing motorist whose face is blurred in the video directed officers to the AMVETS post. When the officers approach him at the bar, Tyson knocks over a barstool and tells them to get the sheriff.

Persons: “, Frank Tyson, Harry Campbell, Tyson, “ They’re, ”, “ I’ve, ” Tyson Organizations: Canton Police, leafs Locations: Ohio, Canton, Cleveland, Stark, Canton Township , Ohio

☆ Olympic flag arrives in Los Angeles, host city for 2028 Games
▼ + stars: | 2024-08-13 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +2 min

LOS ANGELES — The Olympic flag arrived on Monday in Los Angeles, where it will be flown in 2028 when the city hosts the next Summer Games. Hip-hop legend Tupac Shakur’s “California Love” blasted on loudspeakers on the tarmac at Los Angeles International Airport as the plane came to a stop. Los Angeles Mayor Karen Bass stepped off the plane dressed in a red Team USA tracksuit, smiled broadly and waved the Olympic flag before descending airstairs to be greeted by California Governor Gavin Newsom. Los Angeles mayor Karen Bass waves the Olympic flag after arriving at Los Angeles International Airport on August 12, 2024. While Los Angeles has been putting in the work to host a great Games, the mayor said American organizers now really felt the “need to put our foot on the gas.”The International Olympic Committee awarded Los Angeles the right in 2017 to host the 2028 Games.

Persons: “ LA28, Tupac Shakur’s “, ”, Angeles Mayor Karen Bass, Gavin Newsom, Delaney Schnell, Tate Carew, Karen Bass, Etienne Laurent, Bass, Paris, Tom Cruise, Paris ’ Organizations: ANGELES, Delta Airlines, Los Angeles International Airport, Angeles Mayor, USA, Angeles, AFP, Getty, Olympic, Los, LA, Games, of, Reuters, American Locations: Los Angeles, Tupac Shakur’s “ California, Paris, Angeles, of Angels

We found one long-slot toaster represented the best value and the best toasting performance: the Breville "A Bit More" Toaster. Breville 'A Bit More' Long Slot Toaster The Breville “A Bit More” Long Slot Toaster is a modern and thoughtfully designed, high-performance appliance with easy cleanup and user-friendly controls. Check price at Amazon Check price at Crate & Barrel Check price at Williams Sonoma What we like Check mark icon A check mark. AdvertisementCons to considerIf you're in the market for a top-quality slot toaster, it's hard to find any criticisms of the Breville "A Bit More" Toaster. Taylor Tobin/Business InsiderBetween its remarkably even toasting abilities, modern design, and helpful special features, the Breville "A Bit More" Toaster represents the absolute best of the slot toaster field.

Persons: who's, thoughtfully, you'll, Taylor Tobin, There's Organizations: Business, Amazon, Williams

☆ What needs to happen to keep the market comeback going — plus, our new Starbucks price target
▼ + stars: | 2024-08-13 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

New PT for Starbucks: The standout in the market Tuesday is Starbucks , which is up 22%. The announcement is also winning over Wall Street, with three firms already upgrading their rating on Starbucks' stock to a buy or buy-equivalent. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Stocks, Laxman Narasimhan, Brian Niccol, Baird, Piper Sandler, " Cowen, Brinker, Jim Cramer's, Jim Organizations: CNBC, New, Starbucks, Wall, Bar, Brinker International, Cardinal Health, Jim Cramer's Charitable

☆ Panel member who ruled on Jordan Chiles’ Olympic bronze medal appeal has a history of representing Romania in legal cases
▼ + stars: | 2024-08-13 | by ( Don Riddell | David Close | ) edition.cnn.com time to read: +4 min

CNN —American gymnast Jordan Chiles and the US Olympic team may very well feel like protagonists in a Franz Kafka novel, as they find themselves trapped in an increasingly surreal scenario while attempting to reclaim her bronze medal. Dr. Hamid G. Gharavi, Philippe Sands and Song Lu sat on the panel, of which Gharavi was the president, according to CAS. Gharavi’s resume, linked on CAS’ website, lists multiple legal cases in which he has represented Romania in arbitration cases. USA's Jordan Chiles, left, and Romania's Ana Bărbosu during the Paris Olympics' artistic gymnastics women's floor exercise final. USA's Simone Biles, Brazil's Rebeca Andrade, and USA's Jordan Chiles celebrate during the medal presentation following the Paris Olympics' artistic gymnastics women's floor exercise final.

Persons: Jordan Chiles, Franz Kafka, Chiles, Romanian Ana Bǎrbosu, Hamid G, Gharavi, Philippe Sands, Song Lu, USA's Jordan Chiles, Romania's Ana Bărbosu, USA's Simone Biles, Brazil's Rebeca Andrade, Luca Castro, Bǎrbosu, Christine Brennan, ”, Hezly Rivera, Simone Biles, Jade Carey, Sunisa Lee, Naomi Baker, “, They’d Organizations: CNN, US Olympic, Paris, Sport, Paris Olympics, Getty, Institute for, CAS, New York Times, International Bar Association, AP, US, Gymnastics, Swiss Federal Tribunal, Jordan, Paralympic, Paris Games Locations: Romanian, Romania, Beijing

☆ George Clooney is 'irritated' that Quentin Tarantino apparently claimed he isn't a movie star
▼ + stars: | 2024-08-13 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +4 min

Read previewGeorge Clooney is friends with his "Wolfs" costar Brad Pitt, but when it comes to Pitt's collaborator Quentin Tarantino, he's okay not playing nice. "He did some interview where he was naming movie stars, and he was talking about you, and somebody else, and then this guy goes, 'Well, what about George?' Related storiesTarantino has, however, criticized the lack of movie stars in this day and age more generally, particularly with the "Marvel-ization" of Hollywood. "But they're not movie stars. Tarantino has also praised Pitt as "one of the last remaining big-screen movie stars" in a 2022 interview with GQ.

Persons: —, George Clooney, Brad Pitt, Quentin Tarantino, Pitt, Clooney, Tarantino, Quentin, Robert Rodriguez, George, he's, America, Thor, Noah Baumbach, Adam Sandler, Laura Dern, Michael Clayton Organizations: Service, GQ, Business, Miramax, Marvel, Apple, Venice Film Locations: Tarantino's, Hollywood, Venice

CNN —Mediators in talks for a ceasefire agreement between Hamas and Israel are making a last-ditch effort to revive stalled negotiations as the Middle East braces for an Iranian attack on Israel. President Joe Biden announces a proposed ceasefire between Israel and Hamas in Gaza while delivering remarks in the State Dining Room at the White House on May 31 in Washington, DC. The militant group replaced Haniyeh with Yahya Sinwar, the hardline Hamas leader in Gaza who is one of Israel’s most wanted men. He is not interested in either a ceasefire or the full withdrawal of troops.”Why are Thursday’s talks so important? There have been some indications that Iran may abandon plans to attack Israel if a ceasefire deal is reached.

Persons: Joe Biden, Benjamin Netanyahu, Biden, ”, who’ve, Netanyahu, Chip Somodevilla, Ismail Haniyeh, Israel hasn’t, Yahya Sinwar, “ Haniyeh, “, Israel, Zahra, Omar Al, Thursday’s Organizations: CNN, Israeli, White, Thursday’s, Hamas, Getty, Israel, United Nations Locations: Israel, Qatar, Egypt, United States, Gaza, Rome, Washington ,, Rafah, Tehran, Iran, Palestinian, Shujaiya, Gaza City, AFP

☆ Opinion | Nate Silver on How Kamala Harris Changed the Odds
▼ + stars: | 2024-08-13 | by ( Ezra Klein | ) www.nytimes.com time to read: +81 min

You know, Hillary Clinton, who was, I think, kind of a terrible candidate, won the popular vote by two points. So I don’t think they gave her a very good hand to play. It doesn’t matter who you are, it matters that you’re right and you’re able to prove it or bet on it in some way. What wasn’t in the Harris model that should have been?” “Yeah, maybe you really can meme your way to victory. And there’s something in it that I don’t think she can explain how she does it, but it makes her a fascinating leader.

Persons: Nate Silver, ”, ESPN’s Nate Silver, Silver, He’s, “ Savage, ” “, he’s, Ezra, Harris, we’ve, Kamala Harris, Donald Trump’s, There’s, Hillary Clinton, she’s, She’s, Gavin Newsom, It’s, Biden, I’m, you’re, Joe Biden, Democratic Party Harris, Liz, —, “, Donald Trump, that’s, George W, Bush, Donald Trump wasn’t, it’s, Michael Jackson, Woody Allen, ’, Chick, don’t, George Floyd, ‘ COVID, COVID, Peter Thiel, Elon Musk, Michael Moritz, Elon, Mark Cuban, Thiel, Max Chafkin, Mark Zuckerberg, Larry Page, Sergey Brin, Marc Andreessen, Ted Cruz, Sam Bankman, Tom Brady, SBF, Carrick Flynn, Oregon’s, I’m Carrick Flynn, Tara MacAulay, vouched, Bill Clinton, Tyler Cowen, they’ve, Jane, JD Vance, Peter Thiel’s, Vance, Trump, Steve Bannon, Don Trump, Jr, Tucker Carlson, Tim Walz, Josh Shapiro, Tell, you’ve, Shapiro, Walz, I’ve, Iglesias, Obama, Susan Collins, Joe Manchin —, Jon Tester, ” “ Sherrod Brown, I’d, Dana White, Hulk Hogan, Joe Biden’s, — let’s, Mike Donilon, Kennedy, ” “ Tim Alberta, Georgia —, Brian Kemp, Blake Masters, Rick Scott, ” “ Trump, Doug Burgum, Black, didn’t, — Woodrow Wilson, Harry Truman, Michael Jordan, everyone’s, Nancy Pelosi’s, Nancy Pelosi, Joe ’, we’re, I’ll, John Coates, Richard Rhodes, Natasha Schüll, Natasha Organizations: Oracle, Trump, Democratic Party, Facebook, Twitter, The New York Times, ’ Harvard University, Democratic White House, Republican White House, Democratic, Silver, George, Vegas, Poker, extroversion, Elon, Sequoia Capital, McLaren, Paypal, Republican, New, PAC, Alameda, Las, Ohio Senate, underperform, White, UFC, RNC, Biden, Biden ., National Association of Black Journalists, Deutsche Bank, Manhattan Project, Design Locations: Nate, Russian, Russia, ’, Elon, Florida, predestiny, Bahamas, Sam, Africa, New York, Oregon, Las Vegas, Petersburg, United States, Ohio, Trump, Minnesota, ” “ Pennsylvania, Pennsylvania, Gaza, Chicago, Montana, Nevada, North Carolina, Georgia, Nevada , Arizona, Biden . Georgia, Carolina, Arizona, Ukraine, LA, It’s, Vegas

☆ How to determine if this comeback rally is for real, according to the charts
▼ + stars: | 2024-08-13 | by ( Todd Gordon | ) www.cnbc.com time to read: +4 min

Stocks have made a nice comeback after testing support last week in the wake of a violent summer swoon tied to the yen carry trade. I run four equity portfolios at Inside Edge Capital, the most actively managed is appropriately named "Active Opps." In this article I'll cover the technical formation of the resistance zone as well as the option hedge we're using. If this is an ill-fated rally, or a so-called bear market rally, my bet is it will fail around this zone. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: Nvidia's, Todd Gordon Organizations: Edge, Nasdaq, Inside Edge, CNBC, NBC UNIVERSAL

☆ Here are Tuesday's biggest analyst calls: Netflix, Amazon, Lyft, CrowdStrike, Dell, Disney, Hormel, Eli Lilly, Home Depot & more
▼ + stars: | 2024-08-13 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Here are the biggest calls on Wall Street on Tuesday: Wells Fargo initiates Rollins as overweight Wells says it's bullish on shares of the pest control company. Goldman Sachs reiterates Disney as buy Goldman said it's sticking with its buy rating following Disney's biennial D23 fan event in California. " Wells Fargo initiates ITeos Therapeutics at overweight Wells said in its initiation of coverage into ITeos that the biotech company has multiple catalysts ahead. Bank of America reiterates Lyft as buy The bank said the ride sharing company is trading at a "significant discount." Wells Fargo reiterates Home Depot as overweight Wells says investors should buy the dip in Home Depot shares following earnings Tuesday morning.

Persons: Wells, Rollins, it's bullish, Goldman Sachs, Goldman, Bernstein, WBD, BTIG, Eli Lilly, Stifel, Lyft Organizations: Wells Fargo, Disney, UBS, JPMorgan, Netflix, Mizuho, Palo Alto, Barclays, Dell, DELL, Citi, Sales, Warner Brothers Discovery, ITeos, " Bank of America, Bank of America, Co, McCormick &, Depot, Amazon Locations: California, Turkey

☆ FDA rejection of MDMA-assisted therapy rattles advocates but doesn’t spell end of psychedelics in medicine, experts say
▼ + stars: | 2024-08-13 | by ( Deidre Mcphillips | Carma Hassan | ) edition.cnn.com time to read: +11 min

The initial application from Lykos presented positive data from two late-stage clinical trials that used MDMA in combination with talk therapy to treat PTSD. The advisers said it was also difficult to parse how much the accompanying talk therapy — an area that the FDA does not regulate — contributed to outcomes. Advocates for the treatment, including some veterans groups, said they were “incredibly disappointed” by the FDA decision. Dozens of clinical trials involving psychedelics are in various stages, and additional scrutiny can help strengthen the findings and build confidence. Psychopharmacology did not allow the study authors to publish a correction with data that excluded findings from one study site, said Allison Feduccia, an author in all three retracted studies.

Persons: Lykos, —, ” Martin Steele, Brett Waters, ”, Rachel Yehuda, “, ‘, Michael Bogenschutz, Yehuda, It’s, Lori Bruce, Psychopharmacology, caressed, “ it’s, Amy Emerson, ” Lykos, Allison Feduccia, Dr, Sanjay Gupta, Brian Barnett, ” Bruce, Nadia Kounang Organizations: CNN, Food and Drug Administration, Lykos Therapeutics, FDA, Veteran Mental Health Leadership Coalition, Hope, Center, Psychedelic Psychotherapy, Mount, Icahn, of Medicine, NYU Langone Center, Psychedelic Medicine, Oxford, NUS, Neuroethics, Interdisciplinary Center, Bioethics, Yale University, ”, Multidisciplinary Association for Psychedelic Studies, Health Canada, Institutional, Board, CNN Health, Cleveland Clinic Locations: Canada, “

For the first time, Google's Pixel Pro series comes in two sizes with the introduction of the brand new Pixel 9 Pro XL. It's the Pixel 9 Pro that offers something that wasn't available before — a Pixel Pro with a smaller display. AdvertisementPixel 9, Pixel 9 Pro, Pixel 9 Pro XLThe Pixel 9 and Pixel 9 Pro models are evolutions over previous generations. Antonio Villas-Boas/Business InsiderGoogle's Pixel 9 Pro Fold is also a total evolution of the original Google Pixel Fold. AdvertisementThe Pixel 9 starts at $799, the Pixel 9 Pro at $999, the Pixel 9 Pro XL at $1,099, and the Pixel 9 Pro Fold at $1,799.

Persons: Antonio Villas, Google's didn't Organizations: Business, Google, Boas, Apple, Samsung, Galaxy, Gemini

☆ These Latino athletes took home the gold at the Paris Olympics
▼ + stars: | 2024-08-12 | by ( Isabel Yip | Isabel Yip Is An Intern For Nbc News. | ) www.nbcnews.com time to read: +5 min

At this year’s Olympic games, Latino fans cheered on athletes from their home countries as well as those representing Team USA. As the Paris Games come to an end, thirteen Latinos are returning home with gold medals. Beatriz Sousa brought Brazil, Latin America's gold medal leader, its first Paris gold medal in the 78kg+ judo final. Latino medal countdown, by country:Brazil took home the most medals of any Latin American country at the Olympic Games, including three gold medals. Latino athletes on Team USA were part of team events that earned the U.S. two gold medals and one silver medal at the Games.

Persons: Rebeca Andrade, Simone Biles, Andrade, Beatriz Sousa, Marileidy Paulino, Diana Taurasi, Sue Bird, Mijain López Núñez, López Núñez, Adriana Ruano, Cuba’s Erislandy Alvarez, Brazil’s Ana Patrícia, Duda Lisboa, Francisca Crovetto Chadid, Chile’s, Paris Games —, Jose Torres Gil, “, ” Torres Gil, Brian Pintado, Hezly Rivera, Rivera, Ángel, Shinnosuke Oka, Oka, Daniella Ramirez, Anita Alvarez, Sebastian Rivera Organizations: Team USA, Paris Games, Paris, USA’s, Olympic, Cuba, Canada, American, Argentina, Associated Press, Ecuador —, Dominican, U.S, Games, Paris Olympics, Ángel Barajas, Barajas, USA, Olympics, Puerto Rico, Rutgers, NBC Locations: Brazil, Dominican Republic, Guatemala, Paris, Argentina, Chile, Colombia, Cuba, Ecuador, Mexico, Peru, Puerto Rico, Venezuelan American, New Jersey, Puerto

Early voting is underway for Florida’s Aug. 20 primaries, and Mucarsel-Powell and Scott face nominal competition for their party's nominations. The November elections will be a test on where Florida Democrats stand after devastating losses in the midterm elections. A focus on abortion rightsMucarsel-Powell is making abortion rights a key issue in the race. Some abortion rights advocates have pushed back on politicizing the issue. Tim Walz, are vocal supporters of abortion rights and IVF and fertility treatment access and have made the issue a campaign priority.

Persons: Debbie Mucarsel, Powell, Mucarsel, Sen, Rick Scott, that’s, Scott, ”, Elia, Dimitris Harvalis, Carmen Sesin, Carlos Gimenez, Giffords, Gabrielle Giffords, Democrat Catherine Cortez Masto, Eduardo Gamarra, Gamarra, Bill Nelson, GovTrack, Scott’s, Nancy Pelosi, Ilhan Omar, Will Hampson, Hillsborough Community College Dale, Thomas Simonetti, Joe Biden’s, Donald Trump, Kamala Harris, Joe Biden, Ron DeSantis, Republican Sen, Marco Rubio, “, It’s, “ It’s, That’s, Tim Walz, Harris, it’s Organizations: U.S, Senate, Republican, America, Public, University of North, Florida’s, NBC, Ecuadorian, Rep, Latina, U.S . Senate, Democrat, Florida International University, Republicans, Democratic, Hillsborough Community College, Hillsborough Community College Dale Mabry, Bloomberg, Getty, Democrats, Florida Democrats, Gov, Miami, Dade, ”, Minnesota Gov, FIU Locations: Fla, Florida, Mucarsel, University of North Florida, Miami, Dade, Ecuadorian American, American, Ecuador, Nevada, Tampa, Venezuela, Cuba, Latin America, Dade County, North Carolina, Virginia

☆ I hiked a mountain in the Andes to celebrate my 40th birthday. The hallucinations and violent vomiting that followed had not been part of the plan.
▼ + stars: | 2024-08-12 | by ( Elizabeth Lavis | ) www.businessinsider.com time to read: +6 min

I got altitude psychosis a few hundred meters from high camp as I scaled the frigid face of Huayna Potosi, the ninth-highest mountain in the Bolivian Andes. The geodesic dome was surrounded by snow at Huayna Potosi High Camp. Elizabeth LavisThanks to my excellent guide, I made it to high camp and spent the night in an orange geodesic dome perched on Potosi's precarious eastern side. He rapidly identified the seriousness of the situation, carried my day pack the rest of the way, and helped me ascend slowly to high camp. While I was fairly fit and prepared to climb Huayna Potosi, I didn't consider the mental or extreme physical toll the mountain would take.

Persons: —, hallucinating, crampons skidding, Elizabeth Lavis, I've, it's Organizations: Service, Business, Bolivia's La, El, Huayna, Psychiatry Locations: Huayna Potosi, Bolivian, Caucasus, Potosi, Bolivia's, Bolivia's La Paz, El Alto, Lake Titicaca, Peru, Bolivia, Camp, Svaneti , Georgia

It’s hard to condense a two-week period as jam-packed with memorable moments as these incredible Paris Olympics, but this is our best attempt. Bronze medalist Noah Lyles of Team United States reacts after competing in the Men's 200m Final on day thirteen of the Olympic Games Paris 2024 at Stade de France. Athletes dive into the Seine river to start the swimming stage of the men's individual triathlon at the Paris 2024 Olympic Games in central Paris on July 31, 2024. But Paris 2024 organizers insisted the water quality in the Seine was at a “very good” level on the morning of the individual triathlons. US' Cole Hocker crosses the finish line to win the men's 1500m final of the athletics event ahead of US' Yared Nuguse at the Paris 2024 Olympic Games.

Persons: Paris CNN —, Simone Biles, Biles, CNN Sport’s Coy Wire, ” Biles, “, ”, Imane Khelif, Khelif, Angela Carini, Carini, Algeria's Imane Khelif, Peter Cziborra, Reuters Peter Cziborra, Mark Adams, Khelif “, I’m, “ I’ve, Nabil Boudi, Katie Ledecky, Jenny Thompson, Ledecky, Katie Ledecky basks, CNN “, Philippe Katerine, Dionysus, Katerine, we’d, ” Katerine, Noah Lyles ’, Paris Noah Lyles, Kishane Thompson, Noah Lyles, Richard Heathcote, Justin Gatlin, Lyles, Botswana’s, Tebogo, Kenneth Bednarek, Anne, Christine Poujoulat, Léon Marchand, Leon Marchand, Quinn Rooney, Bob Bowman, Michael Phelps, Marchand, Yusuf Dikec, Ilayda, Cagla Gurdogan, Yusuf Dikeç, Dikeç, Turkey’s, Şevval Ilayda, Mondo Duplantis, Korea’s Kim Ye, Gabriel Medina, Kanoa Igarashi, Medina, Jerome Brouillet, Brazil's Gabriel Medina, Novak Djokovic, Djokovic outdueled Spain’s Carlos Alcaraz, Roland Garros, Djokovic, Rafael Nadal, Andre Agassi, Steffi Graf, Serena Williams, Carlos Alcaraz, Matthew Stockman, “ I’m, Sydney Mclaughlin, Tara Davis, Ryan Crouser, Cole Hocker, ANTONIN THUILLIER, —, Armand “ Mondo, Duplantis, USA’s Sam Kendricks, Karalis, Amanda Davies Organizations: Paris CNN, Paris, Olympic Games, Tokyo, Paris Olympics, CNN, CNN Sport’s, Reuters, International Olympic Committee, Olympic, Games, CNN Sport, “, Catholic, French Catholic Church, Paris Games, Stade de France, Team United, Getty, USA, Team USA, National Olympic Committees, Gold, Team France, Paris La Defense, Défense Arena, Tokyo Olympics, Agence France, Presse, Team Serbia, Spain, Woodhall Locations: France, Paris, Algerian, Los Angeles, French, Gaza, Ukraine, “, Jamaica, Athens, American, Lyles, Seine, AFP, Belgium, Switzerland, Nanterre, Turkish, Ankara, Turkey, Tahiti, Teahupo'o, Serbia, Tokyo, Swedish

☆ S&P 500 may struggle in the next two months, according to history of past volatility spikes
▼ + stars: | 2024-08-12 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

Bank of America found that the S & P 500 typically is lower two months after the Cboe Volatility Index (VIX) spikes above 45. In the eight weeks after such a volatility surge, the S & P 500 is higher only 40% of the time and loses 0.72% on a median basis, BofA data shows. Typically, the broad market index gains 66% of the time and advances 1.95% on a median basis. Roughly three months after a Vix spike, the broad market index is higher 80% of the time, gaining 5.17% on a median basis, per BofA. One year later, the S & P 500 is up 80% of the time, rallying 18.18% on a median basis.

Persons: Stephen Suttmeier, it's Organizations: Bank of America Securities . Bank of America, BofA Securities

☆ Democrats Turn to Their National Security Go-To for Trump Assassination Inquiry
▼ + stars: | 2024-08-12 | by ( Luke Broadwater | ) www.nytimes.com time to read: +1 min

It was April 2022, weeks after Russia had invaded Ukraine and touched off an international crisis, and two Republican lawmakers had rushed to be the first to travel to the besieged country. Now Ms. Pelosi wanted to quickly arrange her own visit — and she wanted Mr. Crow, whose national security background distinguished him in his party, to come with her. A late-night phone call from Ms. Pelosi to Mr. Crow would have been improbable when he first came to Congress in 2019. Hailing from a competitive district in Colorado, he had run as a centrist and avowed detractor of the liberal Ms. Pelosi, and after he knocked off a Republican incumbent he pledged that he would not vote for her for speaker. But since then, his credentials — including three tours of duty in Iraq and Afghanistan and a Bronze Star, as well as a law degree and a background in private-sector investigations — have made Mr. Crow a go-to lawmaker for Democratic leaders on difficult national security issues.

Persons: Jason Crow, Nancy Pelosi, Pelosi, Crow Organizations: Colorado Democrat, Army, Republican, Democratic Locations: Colorado, Bucharest, Romania, Ukraine, Russia, Iraq, Afghanistan

☆ A private-equity takeover is coming for startups
▼ + stars: | 2024-08-12 | by ( Melia Russell | ) www.businessinsider.com time to read: +6 min

The European private equity firm had been eyeing the late-stage startup for five years, impressed by its traction and focus on customer success. The speed of the deal, and the flashy multiple, illustrate how private equity funds are able to swallow startups more often lately. But in the face of rising inflation and interest rates, software customers from tech startups to mom-and-pop shops trimmed their budgets. Andreessen Horowitz plans to invest in the private equity asset class through its family office division. With high interest rates and a liquidity crunch reshaping the landscape, private equity is seizing the moment.

Persons: —, Scott Arnold, AuditBoard, Michael Brown, They're, Brown, Derek Hernandez, Aaron Fleishman, Fleishman, they're, Thoma, Yoni, Rechtman, it's, Catalyst, Andreessen Horowitz Organizations: Service, Business, Battery Ventures, Battery, Tola Capital, Thoma Bravo, Vista Equity Partners, Slow Ventures, Eldridge Industries, Sequoia Locations: Southern California, VCs, Big Tech, Metropolis, North America

☆ The bottom is not in so take profits on any bounce, says BTIG
▼ + stars: | 2024-08-12 | by ( Fred Imbert | ) www.cnbc.com time to read: +3 min

BTIG's chief market technician warned Sunday that, while the pullback seen early last week generated some "tactical buy signals," he thinks the "bulk of the bounce has likely run its course and [we] would use strength … to lighten exposure." However, the broad market index clawed back most of that decline by Friday, posting a weekly loss of just 0.04%. .SPX 1M mountain SPX 1-month chart "A final durable low is likely still ahead of us," Krinksy said. The big event this week will be the release of the consumer price index reading for July, due Wednesday. "We see LLY stock outperforming for its high growth outlook and low beta," the Deutsche analyst added, while calling the drugmaker a "low beta/high growth unicorn."

Persons: Jonathan Krinsky doesn't, Krinsky, Krinksy, Eric Johnston, Cantor Fitzgerald, Lori Calvasina, Scott Rubner, Goldman Sachs, Eli Lilly Organizations: JPMorgan, RBC Capital Markets, Deutsche Bank, Deutsche

☆ Flying Is Awful, but New Ways to Fix Air Travel Are on the Way
▼ + stars: | 2024-08-12 | by ( Emily Stewart | ) www.businessinsider.com time to read: +13 min

The message to the airline industry: You've had a few too many screwups to be left to your own devices. Over the past couple of years, the Biden administration has introduced a slew of rules and services intended to make airline passengers' lives easier. The airline industry seems to be relatively on board with the refund idea. But there are plenty of other problems with the airline industry that need solving — some the government can take care of, and some the government is causing. Gallup polls suggest more Americans have a negative view of the airline industry than a positive one.

Persons: You've, Bob Mann, William McGee, Joe Biden's, Pete Buttigieg, Biden, pocketbooks, They've, Janet Bednarek, Buttigieg, —, it's, It's, Bednarek, McGee, Mann, George Ferguson, wasn't, Emily Stewart Organizations: Boeing, Delta, Department of Transportation, Airlines, American Economic Liberties, Southwest, University of Dayton, Federal Aviation Administration, Airlines for America, Biden, Bloomberg Intelligence, FAA, Gallup, Business

Learn moreThe Sea.Hear.Now festival blends music with surfing and immersive art in an annual event held in Asbury Park, New Jersey. The music festival takes over the north beach area of Asbury Park on September 14 and 15. Sea.Hear.Now 2024 festival scheduleSea.Hear.Now is a multi-genre music, art, and surfing festival held over two days in Asbury Park, New Jersey. How to buy tickets for Sea.Hear.Now 2024Original tickets for Sea.Hear.Now have sold out. How much are Sea.Hear.Now Music Festival tickets?

Persons: Bruce Springsteen, Noah Kahan, Springsteen, Danny Clinch, Sonic Blume, Passafire, Robert Randolf, Joe P, Sierra Ferrell, Guster, Ziggy Alberts, Grace Potter, Noah Kahan Sunday, Spazz, Rachel Ana Dobken, Bertha, Joy Oladokun, Larking Poe, Norah Jones, Action Bronson, Trey Anastasio, Gogol Bordello Organizations: Business, Hall of Fame, Asbury Park, Exchange, Ticketmaster, Craigslist, Asbury Ocean Club, The Locations: Asbury Park , New Jersey, Asbury, Ashbury

☆ Team USA wins nail-biter vs. France to secure 8th consecutive gold in women’s basketball
▼ + stars: | 2024-08-11 | by ( Chantel Jennings | ) www.nytimes.com time to read: +4 min

PARIS — France was the official opponent; Team USA, its own worst enemy. And against an eager, home-crowd boosted team like France, it sure looked like the U.S. picked a bad game to have a bad game. This was not the kind of game that Team USA had built its reputation on and not the kind of play that looked worthy of eight consecutive gold medals, let alone one. AdvertisementThe chemistry and flow that showed itself in spurts throughout the Olympics seemed to be missing in the most important game. On Sunday night in Paris, Team USA extended its win streak, secured another gold medal and stayed atop the world.

Persons: ”, Gabby Williams ’, 😱, abby W illiams, INGLE, alf, ade, rance, hird, hough, urnovers. J ewell Organizations: PARIS —, Team USA, USA, SA, ard Locations: PARIS — France, France, U.S, PARIS

☆ I've dated tech bros who treat dating like they're working on a startup. Once I found the right one, we applied this mindset to improve our relationship.
▼ + stars: | 2024-08-11 | by ( Tess Martinelli | ) www.businessinsider.com time to read: +6 min

Read previewThis as-told-to essay is based on a conversation with Maggie Zheng, a 26-year-old from Arizona who works for a tech startup. While it's difficult and unfair to generalize an entire group of people, my experience dating tech bros certainly matches the phrase. I've learned a lot from my peers about how to apply a tech mindset to my relationship in a healthy way. My fiance and I both use our tech mindset to help our relationshipI've taken notes from my peers and even started applying them to my relationship. They were pretty normal things like meeting each other's parents and going on vacations, but applying a tech mindset helped us feel confident, structured, and on the same page.

Persons: —, Maggie Zheng, I've, There's, You'll, — we're, Tess Martinelli, tmartinelli@businessinsider.com Organizations: Service, Business, Tech Locations: Arizona

☆ Inflation comes for your oysters
▼ + stars: | 2024-08-11 | by ( Erika Tulfo | ) edition.cnn.com time to read: +4 min

Wholesale oyster prices soared to triple digit highs in 2022 and only began coming down late last year. The sheer lack of wild-caught oysters is the biggest supply issue underlying market fluctuations, and industry experts say the problem can be traced back more than 10 years. Branch estimates that up to 60% of the current oyster supply comes from farms — a near-complete turnaround from 20 years ago, when 70% of oysters were wild-caught. Qiu echoed Branch’s assessment, adding that the remaining wild oyster reefs are only a small fraction of their historic numbers. “Climate change is making growth really difficult to be consistent … there’s just a whole lot of things that can go wrong with farming oysters,” Qiu said.

Persons: that’s, ”, Julie Qiu, Wells Fargo, “ We’ve, David Branch, Qiu, ” Qiu, Gen Z, “ Organizations: New, New York CNN, US Federal Reserve, Food Institute, Branch Locations: New York, Wells Fargo, New York City, Wells, Gulf of Mexico, Louisiana, —

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