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☆ 'Longlegs' isn't based on a true story, but it has a surprising connection to one famous murder
▼ + stars: | 2024-07-19 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +7 min

Part of its viral marketing also included a website about the so-called "Birthday Murders," styled like a throwback '90s webpage. AdvertisementA website about the fictional Birthday Murders created by Neon. The Birthday Murders website looks like any number of actual true-crime forums frequented by people who like to talk about and dissect unsolved murders. The 'Longlegs' director says his movie's dolls were inspired by a small detail in JonBenét Ramsey's murder caseFBI agent Lee Harker investigates the Longlegs murders. In the ending of "Longlegs," Longlegs is revealed to be a Satan-loving dollmaker who handcrafts life-sized dolls that look just like the daughters of each family he kills.

Persons: Nicolas Cage, Oz Perkins, Lee Harker, Maika Monroe, who's, Lee, Ed, Lorraine Warren, it's, Longlegs, Ruth Harker, Ruth, Ruby, Carter's, Perkins hasn't, NEON Perkins, Perkins, Gus Van Sant, Anthony Perkins, Norman Bates —, James George Frazer, JonBenét, JonBenét Ramsey, Ramsey, ciphered Organizations: Service, FBI, Business, Collider, Longlegs, Lambs Locations: Boulder , Colorado

☆ These 10 U.S. states have America’s best economies in 2024
▼ + stars: | 2024-07-18 | by ( Scott Cohn | ) www.cnbc.com time to read: +13 min

We consider economic growth and job growth. We measure the breadth of each state's economy by looking at how many major corporations are headquartered there. Delaware's economy turned in a lackluster performance in 2023 — the only state economy to shrink last year. Mario Tama | Getty ImagesThe Grand Canyon State's surging chip sector is delivering many dividends, including strong job growth and a healthy housing market. But he noted that construction employment grew at a healthy pace last year, evidence that the state economy still has steam left.

Persons: Dupont De Nemours, Ethan Miller, Kevin C, George Frey, Mark Knold, Knold, Zions, Mario Tama, Katie Hobbs, Allison Joyce, they've, Andrew Berger, Gross, Berger, Nina Dietzel, Lawrence Kessler, Kessler, Brandon Bell, Joe Raedle Organizations: Companies, Business, Delaware, Istock, Getty, Fortune, Census, Commerce Department, Aaa, Direct Investment, Corporate, Gem State, Micron Technology, Lamb Weston Holdings, Silver State, Pew, Major Corporations, Vegas Sands, MGM Resorts, Benz, Cox, Mercedes, Nestlé, Purina, Adidas, Georgia Department of Economic, U.S . Commerce Department, Assurant, Intercontinental, Contractors, Bloomberg, Utah's Department of Workforce Services, Arizona Workers, Gov, Democrat, Major, Technology, North, Health, Employers, North Carolina Department of Commerce, Corporate Headquarters, Bank of America, Duke Energy, Tennessee, University of Tennessee, The Volunteer State, FedEx, Texas Employees, Lone Star State, Entrepreneurship, Oracle, Tesla, Amerant Locations: States, Wilmington, New Castle County , Delaware, Delaware, Incyte, Idaho, Boise , Idaho, USA, Nevada, Las Vegas, Las Vegas , Nevada, Southern California, Vegas, Georgia, Atlanta , Georgia, Peach, Utah, Provo , Utah, U.S, Beehive, Buckeye , Arizona, Arizona, North Carolina, Wilmington , North Carolina, Carolina, Tennessee Nashville , Tennessee, Luling , Texas, The Texas, North Dakota, California, Texas, Florida, Sunrise , Florida

☆ ‘Gen Z boss and a mini,’ explained: The new TikTok trend celebrates style and sass
▼ + stars: | 2024-07-15 | by ( Scottie Andrew | ) edition.cnn.com time to read: +3 min

“Gen Z boss and a mini”? If you can think of two catchy descriptors that encapsulate your outfit and unique aura, you’ve got enough material to get in on the latest TikTok style trend. Some TikTokers are using the trend to celebrate their own style, their unique shine too bright to share with others in the same video. The brand even capitalized on its viral fame with a “Gen Z boss and a mini” bundle of skin care products. Corporate cringe though it may be, the trend is already paying off for the squad of TikTok-savvy skin care mavens.

Persons: you’ve, —, sass, Amy Poehler, Rachel Dratch, Seth Meyers, Rashida Jones, Amy Poehler Jones, Meyers, Michael B, TBH, “ Organizations: CNN, Recreation Locations: Australia, “ Parks

☆ Disney Has a Problem: Kids Are Watching YouTube Instead of Disney+
▼ + stars: | 2024-07-15 | by ( Lucia Moses | ) www.businessinsider.com time to read: +12 min

Kids increasingly prefer to zone out for hours watching free short-form videos instead of full-length TV episodes and movies. In April, Nielsen estimated, kids 2 to 11 watched three times as much YouTube as Disney+ content. Kids watching Disney clips on YouTube may have no need for Disney+. 5 spot for kids' entertainment on YouTube in 2023, according to Tubular, a social video analytics company. Kids preferring short-form videos on YouTube over full-length episodes and movies is a problem that Disney doesn't seem to be able to solve.

Persons: Bob Iger, Bob Chapek's, Iger, Taylor Swift, Nelson Peltz, Disney, Alexia Raven, it's, Gen Alpha, —, Liz Huszarik, Nick Macknight, King, Aladdin, Justin Timberlake, Zendaya, Ariel, Bernstein, Discovery's Max, Florida's Gov, Ron DeSantis, Macknight, Lucia Moses Organizations: Disney, Epic Games, Investors, Disney Channel, Nielsen, YouTube, Warner Bros, Discovery, Media, Comcast, Paramount, Google, Netflix, Moonbug Entertainment, Disney's, Hulu, Marvel, Lucasfilm, Florida's, Pixar, Dallas, Business Locations: WarnerMedia, Dallas

☆ Chinese researchers test robot ‘guide dogs’ to help the visually impaired
▼ + stars: | 2024-07-08 | by ( Story Reuters | ) edition.cnn.com time to read: +2 min

Shanghai — It’s less furry than a traditional companion, but a six-legged Chinese robot “guide dog” could one day help vision impaired people live with more independence, according to its research development team in Shanghai. The robot dog, which is currently being field-tested, is able to navigate its physical environment via cameras and sensors, including recognizing traffic light signals, which traditional guide dogs are unable to do. “If this robot guide dog comes onto the market and I could use it, at least it could solve some of my problems in traveling alone,” Li said. In China, there are just over 400 guide dogs for almost 20 million blind people, Gao said. “I think this could be a very large market, because there might be tens of millions of people in the world who need guide dogs.”

Persons: ”, Gao Feng, Jiao, Li Fei, Zhu Sibin, Li, Zhu, ” Li, Gao, “ Organizations: Shanghai, Jiao Tong University’s, of Mechanical Engineering, Jiao Tong University Locations: Shanghai, Australia, Britain, China, Labrador

☆ Yoshihiro Uchida, Peerless Judo Coach, Is Dead at 104
▼ + stars: | 2024-07-06 | by ( Clay Risen | ) www.nytimes.com time to read: +1 min

Yoshihiro Uchida, the longtime San Jose State University coach who helped establish judo as one of the most popular martial arts in America — and who was widely regarded as the best college judo coach in history — died on June 27 at his home in Saratoga, Calif. The son of Japanese immigrants, Uchida, who went by the nickname Yosh, began coaching judo at San Jose State in the 1940s, while he was still a student there. Americans had long incorporated elements of judo into other combat sports, and returning soldiers from the Pacific Theater brought a new level of interest in martial arts to the country. Uchida, who had been practicing judo since he was 10, despaired over the quality of the training available, especially at the higher levels. Working with a judo coach at the University of California, Berkeley, he established standards for competition, including weight classes, and in 1953 won approval from the Amateur Athletic Union.

Persons: Yoshihiro Uchida, America —, —, Lydia Uchida, Sakai, Uchida Organizations: San Jose State University, San, Pacific Theater, University of California, Amateur Athletic Union Locations: America, Saratoga , Calif, San Jose State, Japan, Berkeley

☆ Critics roasted LVMH for spending big on Tiffany. 4 years later, the bet doesn't look so bad.
▼ + stars: | 2024-07-06 | by ( Madeline Berg | ) www.businessinsider.com time to read: +13 min

When luxury giant LVMH shelled out $15.8 billion for storied jewelry company Tiffany in 2021, it faced outsize expectations. On the luxury resale site The RealReal, Tiffany is the most-searched jewelry brand of 2024 so far. Meanwhile at Tiffany, LVMH is using a team of Cartier veterans. Growing pains have tarnished TiffanyBut reviving a luxury brand isn't easy, and investors have been murmuring that Tiffany's turnaround hasn't met expectations. "When you go into a Tiffany store, you're going to expect to have that amazing experience in customer service."

Persons: —, Blake Lively, Gabrielle Union, Hailey, Katy Perry, Tiffany, That's, haven't, Bernard Arnault, they're, Cartier, it's, — hasn't, Arnault, Abraham Lincoln, Mary Todd, Theodore Roosevelt, LVMH, Fflur Roberts, HSBC's Rambourg, Cindy Ord, Rambourg, Bernard Arnault's baguette, Euromonitor's Roberts, Bulgari, Jelena Sokolova, Morningstar, China —, Roberts, Jeremy Moeller, Vierig, It's, Van, Taylor Swift, Chiara Battistini, " Roberts, There's, Battistini, Audrey Hepburn, — it's, LVMH's Tiffany, Hailey Bieber, Taylor Hill, Sokolova, I'm Organizations: Service, Business, LVMH's, HSBC, Bloomberg, Getty, Cartier, Fifth, Nike, McKinsey Locations: Manhattan, China, Asia, Paris, Tiffany, influencers, LVMH's

☆ Who is Michael Rubin, and why is he friends with so many famous people?
▼ + stars: | 2024-07-05 | by ( Palmer Haasch | Amanda Krause | ) www.businessinsider.com time to read: 1 min

Rubin is the CEO of Fanatics, a sports merchandise retailer, and is reportedly worth billions. Mike Coppola/Getty Images for FanaticsAccording to a profile of Rubin by Business Insider's John Lynch, the entrepreneur got his start as a teenager running a ski equipment business in Philadelphia. Rubin later sold that company, later known as GSI Commerce, to eBay in 2011 for $2.4 billion. According to the company's website, Fanatics provides officially licensed sports merchandise and other services, such as digital asset collection and betting. Forbes estimates that as of July 2024, Rubin's net worth is about $11.5 billion.

Persons: Rubin, Mike Coppola, Business Insider's John Lynch, — Organizations: Business, Global, Incorporated, GSI Commerce, eBay, Forbes Locations: Philadelphia

☆ Japan is bracing for rage against the vending machine
▼ + stars: | 2024-07-05 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

Hole-in-the-wall izakayas (traditional bars), ryokan (traditional inns), and Shinto shrines often accept cash only. STR/Getty ImagesTake Japan's millions of vending machines. The Japan Vending Machine Manufacturers Association recently said that almost 80% of the country's machines would need upgrades to accept the new notes, per comments reported by Reuters. Vending machines are a common sight in Japan. If they're stopping by a vending machine there anytime soon, they may want to check first if their bills will work.

Persons: —, Omotesando, Bank of Japan — Organizations: Service, Business, Kansai region's, Japan Vending Machine Manufacturers Association, Reuters, Bank of Japan Locations: Japan, Ginza, Tokyo, Kansai, Kansai region's Osaka

☆ 5 Minutes That Will Make You Love Wayne Shorter
▼ + stars: | 2024-07-03 | by ( Marcus J. Moore | ) www.nytimes.com time to read: +2 min

This month we feature Wayne Shorter, the iconoclastic composer and tenor saxophonist whose work with Art Blakey, Miles Davis, Weather Report and through his own solo discography has influenced generations of like-minded visionaries to push the boundaries of jazz. As a member of the quintet, Shorter once said, “it wasn’t the bish-bash, sock-’em-dead routine we had with Blakey, with every solo a climax. “All of us wrote some songs, I wrote a couple of things myself, but the main writer: Wayne,” Hancock told me over the phone recently. But most of the things we recorded were written by Wayne.” The quintet broke up in 1968; Shorter worked with Davis until 1970. In recent years, even though they’d been collaborators for several decades, Hancock and Shorter became best friends.

Persons: Wayne Shorter, Art Blakey, Miles Davis, it’s, Miles, Shorter, Herbie Hancock, Ron Carter, Tony Williams —, Davis “, ”, Ian Carr, Blakey, ” Shorter, Wayne, ” Hancock, ‘, Charlie Parker, Dizzy Gillespie, Davis, Joe Zawinul, Hancock, they’d

☆ U.S. drivers lost 42 hours—a full work week—to traffic in 2023: Congestion 'hinders economic growth,' expert says
▼ + stars: | 2024-06-26 | by ( Celia Fernandez | ) www.cnbc.com time to read: +2 min

The 2023 Global Traffic Scorecard report by INRIX, a transportation analytics company, found the typical U.S. driver lost 42 hours to traffic congestion — the equivalent of a full work week — that resulted in $733 worth of time lost. Congestion cost the U.S. more than $70.4 billion in 2023, a 15% increase from 2022. The report also states the return to the office post-Covid has continued to affect other modes of transportation. To rank the cities, INRIX looked at travel delay comparisons, collision trends, last-mile speeds, economic costs and time lost. Pishue says the biggest takeaway from the report was that of the urban areas studied globally, 78% saw increased traffic delays in 2023.

Persons: INRIX, Covid, Bob Pishue, Pishue Organizations: CNBC Locations: States, U.S

☆ Taylor Swift stuns London crowd by bringing Travis Kelce on stage during Eras Tour concert
▼ + stars: | 2024-06-23 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +1 min

CNN —For Taylor Swift, simply going “Instagram official” with Travis Kelce just isn’t big enough, apparently. On Sunday, Swift took it one step further by bringing Kelce on stage with her during her Eras Tour concert, according to videos posted to social media from the show at London’s Wembley Stadium. Kelce fanned himself with a hand fan, danced around and smiled at Swift while her dancers helped her with an on-stage costume change. Before she walked away to sing “I Can Do it With a Broken Heart,” Swift turned toward Kelce and appeared to blow him a kiss. The snap is the first photo of Kelce that Swift has ever shared to her main Instagram feed, marking their “Instagram official” post.

Persons: Taylor Swift, Travis Kelce, Swift, Kelce, ” Swift, ”, William, Taylor, Prince William, Prince George, Princess Charlotte, Prince, Wales Organizations: CNN, Wembley, Department, Poets Department

☆ Wyoming, Delaware, and Montana are the most entrepreneurial states of 2024 so far. It might be due to business-friendly taxes.
▼ + stars: | 2024-06-21 | by ( John Towfighi | Juliana Kaplan | ) www.businessinsider.com time to read: +5 min

Delaware and Montana are second and third in new business openings per 100,000 residents since the start of 2024. AdvertisementThe boom in business translates to 283 new businesses per 100,000 residents in Wyoming, 153 in Delaware, and 106 in Montana. Wyoming also led the nation in new business applications per capita in 2023, according to the Chamber of Commerce. Business-friendly taxationWyoming, Delaware, and Montana are all particularly attractive to new business owners due to their tax laws. AdvertisementAre you a new small-business owner in Wyoming, Delaware, or Montana?

Persons: —, Louis Fed, LendingTree, Louis, EIG Organizations: Service, Business, Census, Chamber of Commerce, Fed, of Labor Statistics, Louis Fed, Tax Foundation, Washington D.C, Fortune, state's, Corporations, Economic Innovation Group Locations: Wyoming, Delaware, Montana, In Montana, New York City, San Francisco, South Dakota, Nevada, Washington, , Wyoming, West, Wyoming , Delaware

☆ Opinion: Juneteenth, Haiti and the power of reinvention
▼ + stars: | 2024-06-19 | by ( Opinion Nadine Pinede | ) edition.cnn.com time to read: +11 min

Juneteenth is a celebration of that hard-fought Black freedom, observed in honor of June 19, 1865 when slaves in Galveston, Texas, first learned from Union soldiers that they were free. Like my parents growing up in Haiti, she was used to seeing Black people in positions of power. She had freed herself from unjust rules meant to restrict education for Black Americans. Mark Felix/AFP/Getty ImagesIn Haiti, Hurston’s creative powers had the time and freedom to unfurl. As the author of “Barracoon,” a book based on interviews with one of the last enslaved Black Americans, Hurston almost certainly understood the significance of Juneteenth.

Persons: Nadine Pinede, ”, Nadine Pinede Sophie Kandaouroff, Lincoln, Juneteenth, “, Jim Crow, Zora Neale Hurston, Hurston, Lynne Sladky, she’d, Little, Barnard, Langston Hughes, Hurston unapologetically, Zora, Mark Felix, Lucille, Toussaint Louverture, Jean, Jacques Dessalines, Henri Christophe, Alice Walker, Walker Organizations: Scholastic Education, Haiti Noir, CNN, Union, Black, Black American, La Force, Howard University, Barnard College, Harlem Renaissance, verve, Guggenheim Fellowship, Guggenheim, Getty, La, Magazine Locations: Haiti, ”, Haitian, Galveston , Texas, Africa, Texas, Caribbean, France, United States, Black, American, Eatonville , Florida, Miami , Florida, Little Haiti, Baltimore, Washington, New York City, Jamaica, AFP, Long

☆ Ancient reptile fossil shines new light on early marine evolution
▼ + stars: | 2024-06-19 | by ( Amarachi Orie | ) edition.cnn.com time to read: +4 min

CNN —Scientists have discovered a 246 million-year-old marine reptile fossil, the oldest of its kind to be found in the Southern Hemisphere, shining a new light on the early evolution of marine mammals. Sauropterygians were ancient aquatic reptiles that existed for around 180 million years during the Mesozoic era, 251 to 66 million years ago. However, their early evolution had only been known from fossils found in the Northern Hemisphere, according to the study published in the journal Current Biology Monday. Many fossils are being found all the time, and this material was deposited in New Zealand’s National Paleontological Collection, Kear said. The study suggests these ancient marine reptiles were going around Earth’s poles, swimming all the way around the supercontinent as a continuous coastal highway, Kear said.

Persons: Benjamin Kear, ” Kear, Earth’s, Mount, Kear, Robert Ewan Fordyce, …, Nothosaurs, sauropterygians, ”, “ Organizations: CNN —, Southern, Northern, Uppsala University’s Museum, Evolution, CNN, Mount Harper Locations: Europe, China, Wyoming, United States, British Colombia, Canada, Uppsala, Sweden, New Zealand, New, Southern, Svalbard, Norwegian

☆ Forget Elon Musk’s record pay package from Tesla. More could be on the way.
▼ + stars: | 2024-06-17 | by ( Chris Isidore | ) edition.cnn.com time to read: +7 min

New York CNN —Tesla shareholders on Thursday confirmed they want Elon Musk to get a massive record pay package for running Tesla for the last six years. “The chancellor found a number of defects in the process.”But Tesla shareholders also approved moving Tesla’s state of incorporation to Texas, partly in reaction to the Delaware decision. “What we recognized in 2018 and continue to recognize today is that one thing Elon most certainly does not have is unlimited time,” Tesla board chair Robyn Denholm wrote to Tesla shareholders ahead of the most recent vote. Ark Invest has a five-year target price for Tesla shares at $2,600 a share. Not everyone on that list got there through packages of stock options.

Persons: Elon Musk, Tesla, Chancellor Kathaleen McCormick, Musk, It’s, “ It’s, Samantha Crispin, Baker Botts, “, ” Musk, McCormick’s, Elon, ” Tesla, Robyn Denholm, ”, Tasha Keeney, ” Elon Musk, Jeff Bezos, Bernard Arnault, Mark Zuckerberg, Larry Page, Bill Gates —, Zuckerberg, McCormick Organizations: New, New York CNN, CNN, Tesla, ARK Invest, Elon, Invest, Microsoft, Apple, SpaceX, Amazon, Facebook Locations: New York, Delaware, Texas, “, Tesla

☆ A lower-risk and lower-cost way to play increased electricity usage around the country
▼ + stars: | 2024-06-17 | by ( Michael Khouw | ) www.cnbc.com time to read: +4 min

I'll review a way to play increased electricity use as electric vehicle adoption progresses around the country. Eversource Energy (ES) , a public utility holding company, operates in the electric distribution, electric transmission, natural gas distribution, and water distribution segments. It is involved in transmitting and distributing electricity, solar power facilities, and natural gas distribution. Eversource Energy was incorporated in 1927 and is headquartered in Springfield, Massachusetts. ES 1Y mountain Eversource Energy, 1-year The stock hasn't traded particularly well recently, but that may present an opportunity.

Persons: I've Organizations: California Air Resources Board, Nvidia, Eversource Energy, Utilities, Energy Locations: California, United States, Los Angeles, Connecticut , Massachusetts, New Hampshire, Springfield , Massachusetts

☆ Supreme Court’s abortion pill ruling puts new focus on conservative Trump judge in Texas
▼ + stars: | 2024-06-15 | by ( John Fritze | Tierney Sneed | ) edition.cnn.com time to read: +9 min

In the mifepristone case, Kacsmaryk’s initial ruling was notable not just for its sweeping nature but in how he embraced the anti-abortion movement’s sensational rhetoric about the procedure. The groups fighting mifepristone argue that the Supreme Court’s decision shouldn’t affect the states’ ability to sue. Both the FDA and several medical groups, including the American Medical Association, told the Supreme Court that mifepristone is safe. But the Supreme Court knocked that argument aside, noting that federal law already allows doctors to avoid performing procedures that violate their conscience. Adam Unikowsky, a veteran Supreme Court litigator who has closely followed the mifepristone case, predicted it will be hard for the states to get the issue back before the Supreme Court.

Persons: Matthew Kacsmaryk, Donald Trump, ”, Carrie Flaxman, Brett Kavanaugh, mifepristone, ” Kavanaugh, Roe, Wade, Kansas –, Andrew Bailey, Kacsmaryk, Joe Biden’s, Biden, it’s, ” Julia Kaye, Erin Hawley, “, –, Adam Unikowsky, litigator, Unikowsky, They’re, ” Jaime Santos, Goodwin, “ that’s, Kavanaugh, isn’t Organizations: CNN, Trump, mifepristone, Supreme, Food, Democracy Forward, and Drug Administration, Republican, Alliance for Hippocratic, Biden, ACLU, Defending, FDA, American Medical Association Locations: Texas, Amarillo, – Missouri, Idaho, Kansas, Missouri, Texas ’, Mexico, Missouri , Idaho

☆ How Tesla Shareholders Upheld Elon Musk’s Sky-High Pay
▼ + stars: | 2024-06-14 | by ( Lily Boyce | Jason Karaian | ) www.nytimes.com time to read: +5 min

How Tesla Shareholders Upheld Elon Musk’s Sky-High PayTesla shareholders on Thursday voted to reaffirm a roughly $48 billion compensation package for Elon Musk, which was originally approved in 2018 and was nullified by a judge early this year. Mr. Musk’s pay package helped him become one of the richest people in the world. Thursday’s vote arose from a court case in Delaware, where the company is incorporated, that voided Mr. Musk’s pay package. California Public Employees’ Retirement System, or CalPERS, the largest pension fund in the United States, also opposed the pay package. The debate about Mr. Musk’s compensation raised questions about the limits of executive compensation and the accountability of Silicon Valley billionaires whose wealth gives them vast influence.

Persons: Elon Musk, Elon, Kimbal, Tesla, Musk, Eli Lilly, Nvidia Berkshire Hathaway Apple Tesla, Bernstein Organizations: Tesla, Elon, Sky, The New York, Mr, Norges Bank Investment Management, California Public, Broadcom, Chase Amazon, Nvidia Berkshire, The New York Times, Silicon, SpaceX, Fortune Locations: Delaware, United States, Texas, Austin

☆ Supreme Court rejects challenge to abortion pill mifepristone
▼ + stars: | 2024-06-13 | by ( John Fritze | Tierney Sneed | ) edition.cnn.com time to read: +8 min

As those bans helped propel the demand for medication abortion, mifepristone became a logical target for the anti-abortion movement. None of those lower court rulings went into effect because the Supreme Court intervened last year and ordered that the status quo around mifepristone remain in place until the justices reviewed the case. The Supreme Court heard arguments in March. Both the FDA and several medical groups, including the American Medical Association, told the Supreme Court that mifepristone is safe. The mifepristone appeal was one of two abortion cases the high court was considering this month.

Persons: Roe, Wade, Brett Kavanaugh, “, ” Kavanaugh, Kavanaugh, ”, Clarence Thomas, mifepristone, Donald Trump, Matthew Kacsmaryk, —, –, Kacsmaryk, Biden, Steve Vladeck, Joe Biden Organizations: CNN, Food, Legislative, Trump, FDA, US, American Medical Association, Alliance for Hippocratic, University of Texas School of Law, Jackson, Health Organization, Biden Locations: Texas, mifepristone, Amarillo , Texas, Dobbs v, Idaho

☆ Tesla shareholders vote to reinstate Elon Musk’s $56 billion pay package
▼ + stars: | 2024-06-13 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +4 min

Tesla shareholders on Thursday voted to ratify CEO Elon Musk's mammoth 2018 pay plan, five months after a judge in Delaware ordered the company to rescind the package, finding it had been improperly granted by the board. Watch Elon Musk speak at the Tesla shareholder meeting nowThe compensation package was previously worth as much as $56 billion in Tesla stock. However, during last year's meeting, Musk promised shareholders he would spend less time on the app going forward, calling the business a "short-term distraction." Regarding the Cybertruck, which hit the market in late 2023, Musk said deliveries are picking up. Musk promised Tesla would move into "limited production" of Optimus in 2025 and test out humanoid robots in its own factories next year.

Persons: Elon, Musk, Judge Kathaleen McCormick, didn't, Tesla, He's, Pony.ai, Didi, Waymo, Optimus, Cathie Wood Organizations: ., Shareholders, SpaceX, Tesla, ARK Locations: Delaware, Austin , Texas, China, Texas

☆ Elon Musk has been draining Tesla's AI talent dry, shareholders allege in lawsuit
▼ + stars: | 2024-06-13 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +4 min

Read previewSome Tesla shareholders allege Elon Musk has been draining Tesla dry in an act of "brazen disloyalty" to his company. The group of shareholders filed a new lawsuit against Musk and Tesla in Delaware, where the company is incorporated, on Thursday. In it, the shareholders accuse Musk of diverting critical AI talent and resources away from Tesla and into his new AI-focused company, xAI. The plaintiffs allege in the suit that Musk has recently touted Tesla as more of an AI company than simply an electric car company. AdvertisementAs for Tesla's board of directors, the shareholders allege they are just bowing down to Musk.

Persons: —, Elon Musk, Musk, hasn't, Tesla, xAI, It's, that's, Musk's Organizations: Service, Musk, Tesla, Business, SEC, Nvidia Locations: Delaware, Tesla

☆ Where’s inflation really heading? Traders and economists are using this real-time inflation gauge to get ahead of the curve
▼ + stars: | 2024-06-12 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +5 min

The inflation rate the government arrives at also impacts how much you receive in Social Security benefits and likely is a factor in determining your pay. The government also has a much longer history of producing inflation reports with extremely thorough standards. Like PCE and CPI, Truflation assigns relative importance values to categories to mirror how an average consumer’s income is allocated. That’s why small increases in the cost of housing can end up having big impacts on the overall inflation rate. How Truflation data is being usedWall Street traders were the first group drawn to Truflation, Rust said.

Persons: Truflation, Hilton, Stefan Rust, Rust, “, ” Danielle DiMartino Booth, Richard Fisher, Booth Organizations: New, New York CNN, Index, Federal, Social Security, PCE, CPI, Amazon, Walmart, Nielsen, Bureau of Labor Statistics, Labor Department, CNN, Dallas Fed, QI Research Locations: New York, Zillow

☆ First Came ‘Spam.’ Now, With A.I., We’ve Got ‘Slop’
▼ + stars: | 2024-06-11 | by ( Benjamin Hoffman | ) www.nytimes.com time to read: +1 min

Slop, at least in the fast-moving world of online message boards, is a broad term that has developed some traction in reference to shoddy or unwanted A.I. content in social media, art, books and, increasingly, in search results. The term became more prevalent last month when Google incorporated its Gemini A.I. model into its U.S.-based search results. Rather than pointing users toward links, the service attempts to solve a query directly with an “A.I.

Organizations: Google, Facebook

☆ Ukraine shows even the toughest tanks can't go to war anymore without cage armor to shield them from exploding drones
▼ + stars: | 2024-06-09 | by ( Chris Panella | ) www.businessinsider.com time to read: +7 min

Read previewThe heavily armored M1 Abrams tank is widely regarded as one of the best and toughest tanks in Ukraine today, but even it can't ride out without cages to shield it from drones. Main battle tanks often sport large, welded "cope cages" to stop exploding drones from taking them out. pic.twitter.com/gdw5LyGENi — OSINTtechnical (@Osinttechnical) May 24, 2024Photos shared online last month showed a US-supplied M1A1 Abrams tank with improvised cages. Ukraine's new Abrams tank cage looks like it could be more purposefully designed to add another layer of protection and potentially increase the survivability of the crew. Now, learning from drone usage in Ukraine to improve the coming Abrams and future Bradley replacement is vital.

Persons: —, Abrams, Mark Cancian, that's, Mick Ryan, Ryan, they've, 8oBB6119kn, Bradley, Cancian Organizations: Service, Business, Marine, Center for Strategic, International Studies, Abrams, SPH Locations: Ukraine, Russian, Iraq, Afghanistan, Australian, Ukrainian, Gaza, Russia

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