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☆ Google Gemini gets Marc Benioff's stamp of approval
▼ + stars: | 2024-11-18 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

His latest fascination is Google's Gemini Live, an AI voice assistant. Marc Benioff gave Google's AI voice assistant, Gemini Live, his stamp of approval. "Just downloaded Gemini Live, and I'm absolutely blown away," he wrote in an X post on Sunday. Google released a smartphone app for Gemini Live on Apple's App Store on Thursday, just a few months after the virtual assistant was made free for users. We already have that live," Benioff said.

Persons: Marc Benioff, Benioff, Sundar Pichai, Copilot, Insider's Ashley Stewart, OpenAI's ChatGPT, ChatGPT's, Axios, Jensen Huang, David Sacks Organizations: Gemini, Microsoft, Google, Apple, Apple Intelligence, Business, BI, Pacific, Nvidia Locations: Francisco

☆ Final Trade: APLD, PLTR, GLD, NDAQ
▼ + stars: | 2024-11-18 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFinal Trade: APLD, PLTR, GLD, NDAQThe final trades of the day with CNBC’s Melissa Lee and the Fast Money traders.

Persons: CNBC’s Melissa Lee Organizations: Fast Money

☆ Trump transition team compiling list of current and former U.S. military officers for possible courts-martial
▼ + stars: | 2024-11-17 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Courtney-Kube-Circle-Byline-Template.Jpg | Courtney Kube | ) www.nbcnews.com time to read: +5 min

The Trump transition team is compiling a list of senior current and former U.S. military officers who were directly involved in the withdrawal from Afghanistan and exploring whether they could be court-martialed for their involvement, according to a U.S. official and a person familiar with the plan. The Trump transition team did not immediately respond to a request for comment. Afghan applicants crowd into the Herat Kabul Internet cafe seeking help applying for the Special Immigrant Visas program in 2021 in Kabul, Afghanistan. It’s not clear the Trump administration would pursue treason charges, and instead could focus on lesser charges that highlight the officer’s involvement. A military transport plane launches while Afghans who cannot get into the airport to evacuate are stranded in Kabul, Afghanistan, in 2021.

Persons: “, Matt Flynn, Paula Bronstein, Donald Trump, ”, Joe Biden, Biden, Pete Hegseth, ” Hegseth, Marcus Yam, capitulating, It’s, Trump, Howard Lutnick, George Floyd Organizations: Trump, U.S, U.S ., Biden, Fox News, Warriors, Pentagon, Kabul International Airport, Los Angeles Times, Getty, Islamic State, NBC, Democratic Locations: Afghanistan, U.S, Herat Kabul, Kabul, United States, Syria

☆ How century-old arbitration laws are failing consumers in the digital age
▼ + stars: | 2024-11-17 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +10 min

AdvertisementLarge companies like Disney and Uber have arbitration clauses in their Terms of Use. AdvertisementIt's a near-century-old practice that some legal experts say should be modernized for the digital age. The Disney caseIn the case of large companies, arbitration clauses included in one service can often apply to any service the company offers. AdvertisementHow consumers protect themselves from arbitration clausesCammarata said one way consumers can navigate arbitration is to check if a company's terms of use has an opt-out clause. Lee said that while courts tend to be critical of arbitration clauses in employment agreements, they're less so regarding things like streaming services or rideshare apps.

Persons: David Horton, Jeffrey Piccolo's, Kanokporn Tangsuan, Tangsuan, Piccolo, Disney, Josh D'Amaro, Joseph Cammarata, Sherman, Siegel, P.C, John, Georgia McGinty, Uber, Stark, John McGinty, Georgia McGinty Stacey Lee, Johns, Lee, Cammarata, it's, John Carpenter, Carpenter, Zuckerman Organizations: Disney, University of California, Davis, School of Law, University of Pennsylvania, New, New York State, Disney Springs, Planet Hollywood, Walt Disney, Getty, Ninth, Business, Washington DC, of, Georgia, Johns Hopkins Carey Business School, Association of America, Federal Locations: New York, Central Florida, Orange County , Florida, Chaikin, Washington, Georgia, Superior, of New Jersey, California

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy so many young adults are still living with their parentsRoughly one in three U.S. adults aged 18-34 live with their parents, 2024 Census data shows — a trend sustained over two decades despite economic shifts. Experts say these economic shocks have left young adults financially vulnerable, with many staying home to save for goals like homeownership. For some, staying home offers financial stability, but this trend affects the economy, as young adults moving out boosts consumer spending.

☆ 5 major U.S. cities where it's harder for Gen Z to afford rent than it was for millennials at the same age
▼ + stars: | 2024-11-17 | by ( Judy Lagrou | In Judylagrou | ) www.cnbc.com time to read: +1 min

In fact, 3 out of 5 of Gen Z renters — those born between 1997 and 2012 — spend more than 30% of their income on rent, according to recent research from Zillow. In some cities, though, researchers found an uptick in rent-burdened young people from a decade before. "It's really tough for young renters," Lee tells CNBC Make It. "High rent burden can set young renters behind financially, impacting their ability to afford other essential expenses, let alone saving up for life goals down the road." Here are the top five cities where more members of Gen Z are rent burdened as of 2022 than their millennial counterparts were 10 years prior, according to Zillow.

Persons: —, Kenny Lee, Lee, Gen Organizations: Zillow, CNBC

For Brandon Mintz, it was the text messages and calls that started rolling in from friends and colleagues asking how high bitcoin prices could go. Strategic reserve could set off 'bitcoin space race'Under this idea, the U.S. would establish a “strategic bitcoin reserve,” like the ones it already maintains for gold and oil. A day later, Trump echoed the strategic reserve idea, though did not put a specific figure on it. On Nov. 6, Lummis posted on X in all-caps, “WE ARE GOING TO BUILD A STRATEGIC BITCOIN RESERVE,” alongside two American flags. For crypto supporters, a strategic bitcoin reserve would send a signal to markets and countries alike about the digital token’s value.

Persons: Brandon Mintz, Lee Bratcher, Donald Trump’s, Bratcher, ”, Trump’s, ’, Mintz, ” Mintz, they’ve, ‘, Ric Edelman, ” Edelman, JP Richardson, Trump, Nicholas Percoco, ” Percoco, —, Robert F, Kennedy Jr, Human Services —, Sen, Cynthia Lummis, Lummis, David Bailey, Michael Terpin, “, ” Terpin, He’s Organizations: American Blockchain, Republican, Texas Blockchain, NBC News, FBI, Trump, Securities and Exchange Commission, Commodity Futures Trading Commission, Edelman Financial Services, Liberty, Strategic, Bitcoin Conference, Department of Health, Human Services, Social Security, BTC Inc, Bitcoin Locations: Texas, Dallas, Bitcoin, bitcoin, U.S, Nashville

I’m tripping over their bodies,” said Sydney Seiler, the U.S. national intelligence officer for North Korea from 2020 to 2023. “Kim Jong Un is selling North Korean soldiers as cannon fodder mercenaries,” South Korean Defense Minister Kim Yong-hyun said last month. It’s an entirely new environment for the North Korean soldiers, who live in one of the most isolated and repressive countries in the world. The Russian military is teaching the North Korean soldiers about 100 key military terms, but “North Koreans are having a difficult time learning Russian,” South Korean lawmakers Lee Sung-kwon and Park Sun-won said last month. North Korean soldiers’ inexperience could be another point of friction and a major factor in how they are deployed.

Persons: Kim Jong Un, Vladimir Putin, Putin, ”, Sydney Seiler, Seiler, Gavriil, Joe Biden, Yoon Suk Yeol, Shigeru Ishiba, Kim, “ Kim Jong, Kim Yong, hyun, John Hardie, Lee Sung, Bruce Bennett, ” Hardie, Bennett, ” Bennett, Edward Howell, “, ” Howell, Stella Kim Organizations: Ukraine, North, NBC News, U.S, The State Department, Korea’s National Intelligence Service, NBC, Center for Strategic, International Studies, Getty Images, Economic Cooperation, South Korean Defense, Pentagon, Politico, South Korea’s National Intelligence Service, North Korean, South Korean National Intelligence Service, AFP, Getty, Korean, Battalion, Russian Ministry of Defense, Foundation for Defense of Democracies, South, Sun, Rand Corp . Communication, Chatham House Locations: SEOUL, South Korea, Ukraine, Moscow, Russia, U.S, North Korea, Russian, Kursk, Korean, Korea, Washington, Pyongyang, Getty Images North Korea, South, Asia, Lima , Peru, The U.S, California, Ukrainian, London, Seoul, Hong Kong

☆ Tesla Cybertrucks have joined the growing number of luxury EVs that can now be leased
▼ + stars: | 2024-11-16 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

Part of the reason is due to a tax credit program that the Cybertruck has been largely left out of. Tesla is offering the Cybertruck for lease a year after the EV company made its first deliveries to customers. However, leasing an EV offers buyers another way to take advantage of the tax credit program without meeting every requirement. Through what's known as a "leasing loophole," dealerships can receive the tax credit and choose to pass those savings on to the buyer or lessee. But Tesla's Cybertruck has largely been left out of the federal incentive program.

Persons: Tesla, Elon Musk's, Rivian, Tesla's Cybertruck Organizations: EV, Biden, Internal, Department of Energy's

Pete Hegseth, President-elect Donald Trump’s pick for defense secretary, was involved in a police investigation into an alleged sexual assault in 2017, local officials in California confirmed on Thursday night. A spokesperson for the city government of Monterey, California, said its police department had investigated “an alleged sexual assault” involving Hegseth, a Fox News host and Army National Guard veteran. The statement said that there were no weapons involved, but there were injuries — “contusions to right thigh” — without providing additional details. Describing Trump’s early selections for his administration as “high-caliber and extremely qualified,” Trump’s communications director defended Hegseth in a statement to CNN. Hegseth has vigorously denied any and all accusations, and no charges were filed,” said Trump communications director Steven Cheung.

Persons: Pete Hegseth, Donald Trump’s, “, Hegseth, — “ contusions, Trump’s, “ Mr, ”, Steven Cheung, Susie Wiles, Timothy Parlatore, ” Parlatore Organizations: Fox News, Army National Guard, Hyatt Regency Monterey, California Federation of Republican Women, Facebook, CNN, Trump Locations: California, Monterey , California, Hyatt Regency Monterey Hotel, Spa, Monterey, Monterey County

☆ Three-Stock Lunch: Eli Lilly, Transdigm, & Nvidia
▼ + stars: | 2024-11-15 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThree-Stock Lunch: Eli Lilly, Transdigm, & NvidiaLee Munson, president and CIO at Portfolio Wealth Advisors, joins CNBC’s ‘Power Lunch’ to discuss outlooks on three stocks: Eli Lilly, Transdigm, and Nvidia.

Persons: Eli Lilly, Transdigm, Nvidia Lee Munson Organizations: Nvidia, Wealth

☆ Elon Musk says OpenAI's compensation is 'lavish.' Here's how much employees get paid.
▼ + stars: | 2024-11-15 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +3 min

Elon Musk is doubling down on his lawsuit against OpenAI, and he's taking issue with what they pay employees. AdvertisementSo just how much does OpenAI pay its employees? Since it's a private company, OpenAI isn't required to report compensation data in the way public companies must. Levels.fyi, which tracks compensation data at tech firms and startups, says total yearly compensation at OpenAI ranges from $144,275 for a technical writer to $1,338,750 for a software engineer. OpenAI's median yearly total compensation is $534,197, according to data reported on the tracker.

Persons: Elon Musk, Reid Hoffman, OpenAI, Musk, Sam Altman, Roger Lee, Hoffman, Greg Brockman Organizations: Microsoft, OpenAI, Elon, San Francisco Bay Area, Bloomberg Locations: OpenAI, Levels.fyi, San Francisco Bay

☆ Nvidia results are out Wednesday: Here's what investors need to know
▼ + stars: | 2024-11-15 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia results are out Wednesday: Here's what investors need to knowCNBC's Melissa Lee and the Fast Money traders—Karen Finerman, Tim Seymour, Julie Biel, and Steve Grasso—discuss Nvidia as the world's largest publicly traded company by market cap is set to report earnings next week.

Persons: Melissa Lee, — Karen Finerman, Tim Seymour, Julie Biel, Steve Grasso Organizations: Nvidia, Fast

☆ Watch Friday's full episode of Fast Money — November 15, 2024
▼ + stars: | 2024-11-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch Friday's full episode of Fast Money — November 15, 2024"Fast Money" is America's post-market show. Hosted by Melissa Lee and a roundtable of top traders, "Fast Money" breaks through the noise of the day, to bring you the actionable news that matters most to investors.

Persons: Melissa Lee

☆ A guide to the Dutton family tree in 'Yellowstone' and its spinoffs, '1883' and '1923'
▼ + stars: | 2024-11-15 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +11 min

Two prequels, "1883" and "1923," both featured other members of the Dutton clan, revealing more of the Dutton family tree and its ties to the Montana countryside. Emerson Miller/Paramount+James DuttonJames Dutton was a Civil War soldier and the first patriarch of the Dutton family. Emerson Miller/Paramount+Margaret DuttonMargaret Dutton was the first matriarch of the Dutton family and mother to Elsa, John, and Spencer. Audie Rick as John Dutton in "1883" and James Badge Dale as John Dutton in "1923." Emerson Miller/Paramount+Emma DuttonEmma Dutton was John Dutton I's wife and mother to Jack Dutton and another child who died in infancy.

Persons: you've, Taylor Sheridan, John Linson, John Dutton, Kevin Costner, Dutton, John Dutton III's, Jack, Darren Mann, Spencer, Brandon Sklenar, Sklenar, universe's Dutton, Tim McGraw, James Dutton, Emerson Miller, James Dutton James Dutton, Hill, Margaret Dutton, Margaret Dutton Margaret Dutton, Elsa, John, James, Isabel May, Elsa Dutton, Elsa Dutton Elsa Dutton, Martin Sensmeier, Sam Sam, Dawn Olivieri, Claire Dutton, Claire Dutton Claire Dutton, Mary Abel ., Mary, Henry Abel Henry, Mary Abel, Emma Malouff, Mary Abel Dutton, Mary Abel Dutton Mary Abel Dutton, Claire, Henry's, Harrison Ford, Jacob Dutton, hristopher Saunders, Jacob Dutton Jacob Dutton, Margaret, Helen Mirren, Cara Dutton, Christopher Saunders, Cara Dutton Cara Dutton, Audie Rick, Dale, Margaret's, sheepherder Banner Creighton, Emma, Marley Shelton, Emma Dutton, Emma Dutton Emma Dutton, John Dutton I's, Jack Dutton, Spencer Dutton, Spencer Dutton Spencer Dutton, Julia Schlaepfer, Alexandra Dutton, Alexandra Dutton Alexandra Dutton, Spencer Dutton's, Jack Dutton Jack Dutton, John I, Emma Dutton's, Jacob, Elizabeth Stratford, Michelle Randolph, Elizabeth Dutton, Elizabeth Dutton Elizabeth Dutton, née, Jack Dutton's, John Dutton II, John Dutton III, John Dutton III John Dutton III, Gretchen Mol, Evelyn Dutton, Paramount Network Evelyn Dutton Evelyn Dutton, Beth, Peter Dutton Peter Dutton, Dave Annable, Lee Dutton, Lee Dutton Lee Dutton, Kelly Reilly, Beth Dutton, Beth Dutton Beth Dutton, Evelyn's, Meyer, Rip Wheeler, Cole Hauser, Rip Wheeler Rip Wheeler, Finn Little, Carter Dutton, Carter Dutton Carter, Rip, Wes Bentley, Jamie Dutton, Jamie Dutton Jamie Dutton, Katherine Cunningham, Christina, Paramount Christina Christina, Jamie, Luke Grimes, Kayce Dutton, Kayce Dutton Kayce Dutton, Kelsey Asbille, Monica Long, Paramount Network Monica Long, Dutton Monica Long, Felix Long, Brecken Merrill, Tate Dutton, Tate Dutton Tate Dutton, John Dutton IV John Dutton IV Organizations: Paramount Network, Paramount, Civil, Livestock Association, sheepherder, Dutton, Schwartz, US Navy SEAL Locations: America, Montana, Fort Worth , Texas, Comanche, Oregon, Ireland, Africa, née Stratford, Yellowstone, United States

☆ A fluffy, $85 toy is taking Asia by storm and sparking legions of knockoffs. Inside the meteoric rise of Labubu.
▼ + stars: | 2024-11-15 | by ( Aditi Bharade | Erin Liam | ) www.businessinsider.com time to read: +9 min

The Labubu and Pop Mart phenomenonLabubu dolls at the opening of a Pop Mart store in Bangkok. AdvertisementIn a statement to BI, a representative from Pop Mart said that Labubu has gained a strong global fan base. Advertisement"There's a bit of a 'FOMO' feeling," said Sim, 31, who owns around six Labubu toys. She has around 17 Labubu toys and said she spent over $10,000 on them. Once, she even camped outside a Pop Mart store for the latest drop.

Persons: —, Grace Lee, Lee, ─, Joey Khong, Khong, Bangkok . Sun Weitong, Lung, it's restocked, Tony Lee, Mart doesn't, Taobao, Erin Liam, Lisa, Juda, Kanaprach, Gen Zers, They're, Labubu, It's, Sim Pei Yi, Sim, Ana Gonzales, she's, Gonzales, Tracy Hsu, Lisa —, Hsu Organizations: Service, Getty, Business, Pop, Pop Mart, Daxue Consulting, Southeast, Insight, Singapore, Mart Locations: Asia, Bangkok . Sun, Xinhua, Hong Kong, Beijing, Singapore, Pop, Southeast Asia, Japan, South Korea, China, Philippines, New Jersey, California, Canada

☆ American tourist arrested in Japan for allegedly defacing Tokyo shrine gate
▼ + stars: | 2024-11-15 | by ( Junko Ogura | Karla Cripps | ) edition.cnn.com time to read: +2 min

CNN —A 65-year-old American tourist has been arrested in Japan for allegedly carving letters into a torii gate at a Tokyo shrine. The suspect, Steve Lee Hayes, was arrested Wednesday on suspicion of property damage, a Tokyo Metropolitan Police spokesperson told CNN. Police said the man allegedly defaced the pillar of a shrine gate in Tokyo’s Shibuya Ward on Tuesday, “carving the alphabet with his fingernails.”According to public broadcaster NHK, five letters – believed to be the tourist’s family name – were allegedly etched into a gate pillar at Tokyo’s Meiji Shrine. Located adjacent to the city’s sprawling Yoyogi Park, Meiji Shrine first opened in 1920 and was dedicated to Emperor Meiji and Empress Shoken. A closeup image of scratches on a torii gate at Meiji Shrine, taken on November 14, 2024.

Persons: Steve Lee Hayes, –, Emperor Meiji, Shoken, Yuichi Yamazaki Organizations: CNN, Tokyo Metropolitan Police, Police, NHK, . Police, Meiji, Mount Fuji, UNESCO Locations: Japan, Tokyo, Tokyo’s Shibuya Ward, Meiji, AFP, Kesennuma, Nara

☆ Netflix's big bet on live sports
▼ + stars: | 2024-11-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNetflix's big bet on live sportsCNBC's Melissa Lee and the Fast Money traders—Karen Finerman, Tim Seymour, Julie Biel, and Steve Grasso—discuss Netflix as the streaming giant gears up to stream the highly anticipated boxing match between Jake Paul and Mike Tyson, on Friday.

Persons: Melissa Lee, — Karen Finerman, Tim Seymour, Julie Biel, Steve Grasso, Jake Paul, Mike Tyson Organizations: Fast, Netflix

☆ Palantir surges after announcing its move to Nasdaq
▼ + stars: | 2024-11-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPalantir surges after announcing its move to NasdaqCNBC's Melissa Lee and the Fast Money traders—Karen Finerman, Tim Seymour, Julie Biel, and Steve Grasso—discuss Palantir as the stock surged after the company announced that it was moving to the Nasdaq from the New York Stock Exchange.

Persons: Melissa Lee, — Karen Finerman, Tim Seymour, Julie Biel, Steve Grasso — Organizations: Nasdaq, Fast, New York Stock Exchange

☆ A Pennsylvania County and the Political Tensions in America
▼ + stars: | 2024-11-15 | by ( Philip Montgomery | Michael Sokolove | ) www.nytimes.com time to read: +9 min

Luzerne County is one of many counties in Pennsylvania — and across the country — that shifted to the right this year. Kevin Kraynak, a Luzerne County native, traveled from his home in California to try to get out the vote. Luzerne County became a hotbed of election denialism in 2020, and Pennsylvania is an open-carry state. Just over 152,000 total ballots were cast in Luzerne County — about the same as in 2020. In only one other Pennsylvania county were Trump’s gains greater.

Persons: Biden’s, Donald Trump, Dwayne McDavitt, Trump, Joe Biden, busloads, Democratic canvassers, Kevin Kraynak, “ I’m, ”, Jennifer Ziemba, “ We’re, MAGA, Philip Montgomery, ” Ziemba, “ I’d, Lee Ann McDermott, John, ” Constance Wynn, Wilkes, Wynn’s, Kim Pace, Harris, “, Dave Ragan, ” Pace, John McDermott, Lee Ann, McDermott, Hillary Clinton, “ He’s, ” Lee Ann, Jennifer Ziemba’s, Shelley Meuser, Dan Meuser, Terry Eckert, Adaíris Casado, —, ” Fredelina Paredes, Paredes, didn’t, Elizabeth Torrez, Torrez, Wadan Fernandez, Mr, ” Fernandez, ” Philip Montgomery Organizations: Trump, Amazon, Maxx, Democratic, Luzerne County Republican Party, Republican, The New York Times, “, Electoral, Luzerne County —, The New York, U.S . Army, Army Reserve, Iglesia, Hazleton Locations: Luzerne, Pennsylvania, Luzerne County, Wilkes, Barre, Scranton, Lackawanna County, California, Fort, Harveys Lake, state’s, Plains Township, Hazleton, Dominican Republic, United States

“Wicked” director Jon M. Chu reflected on how the feature film might have greater meaning in the wake of the election. “‘The Wizard of Oz’ was always sort of prophetic in a way,” Chu said. Nina Westervelt / WWD via Getty ImagesNBC News and NBCUniversal, the distributor of “Wicked,” share Comcast as a parent company. Chu said the musical adaptation, which premiered on Broadway in 2003, was also coincidentally released during a momentous time. “When ‘Wicked’ came around, it was a re-examination of that,” Chu said.

Persons: Jon M, Chu, “, Oz ’, ” Chu, ”, Ariana Grande, Cynthia Erivo, Oz ”, Oz, ” Cynthia Erivo, Nina Westervelt, Elphaba, Glinda, ’, Donald Trump’s Organizations: NBC News, Getty Images NBC, Comcast Locations: America, New York

TOKYO — An American tourist has been arrested in Japan for allegedly carving letters into a pillar of a gate to a shrine in Tokyo. Hayes, a U.S. citizen, had “carved alphabet letters onto a pillar of a gate of a shrine” in the Shibuya ward of Tokyo on Tuesday, police said. The Japan Times reported that the letters were carved into a wooden pillar of a traditional entrance, known as a torii gate, at the Meiji Shrine. Torii gates are iconic structures that mark the boundary between the everyday and the sacred at Shinto shrines across Japan. Last year, a tourist was arrested after being caught on video defacing the wall of the colosseum in Rome by carving a love note into it.

Persons: Steve Lee Hayes, Hayes, It's, Emperor Meiji, Shoken Organizations: Tokyo Metropolitan Police Department, NBC News, The Japan Times, Independent Locations: TOKYO, An American, Japan, Tokyo, U.S, Shibuya, Meiji, Rome, Chichen Itza, Mexico

Owens, Mayor Chokwe Antar Lumumba and City Council member Aaron Banks were indicted last month on conspiracy and bribery charges. Barbara Gauntt / Clarion Ledger / USA Today via ImagnA City Council member, Angelique Lee, resigned in August and pleaded guilty to conspiracy to commit bribery. “People are tired; they just want some good stuff done,” said Vernon Hartley, a City Council member for one of the city’s poorest wards. Aaron Banks is the second Jackson City Council member to be charged in the federal bribery case. Angelique Lee, a former City Council member, resigned and pleaded guilty to conspiracy to commit bribery.

Persons: JACKSON, —, Virgi Lindsay, ” Lindsay, Jody Owens, Lauren Witte, “, ”, Owens, Chokwe Antar Lumumba, Aaron Banks, Mayor Chokwe Antar Lumumba, Barbara Gauntt, Angelique Lee, Sherik Marve Smith, Smith, Jackson, Vernon Hartley, ” Owens, Banks, Lumumba, They’re, Lee, Rogelio V . Solis, The United States ”, Hartley, Lindsay, Ashby Foote, Hannah Mattix, Foote, ” Foote, ” Hartley Organizations: Miss, Council, Clarion Ledger, FBI, Southern District of, City Council, City, “, Department of Housing, Urban Development, U.S, Southern, Southern District of Mississippi Owens, Jackson City Council, ”, Attorney’s Office, The United, NBC News, Republican, Capital Club, USA, Solutions Locations: Jackson, Hinds, Hinds County, Southern District, Southern District of Mississippi, Imagn, Nashville, Florida, Owens, Africa, The United States, generalities, City

☆ Trump victory drives gold to near 2-month lows as investors pile into equities, cryptocurrencies
▼ + stars: | 2024-11-14 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +3 min

Gold prices extended their decline to a near two-month low Thursday amid risk-on sentiment and as the dollar continues to strengthen following Donald Trump's election victory last week. He elaborated that gold prices are likely to trade lower as U.S. equities rally on prospects of lower tax and regulations. In spite of the slide in gold prices, market watchers are still optimistic on the fundamentals of the bullion. The underlying drivers of the gold market are still in place, Layton said. A mix of rising debt, geopolitical tensions and central bank demand are expected to support higher gold prices, said Canaccord Genuity.

Persons: Donald Trump's, Maximilian Layton, bitcoin, Trump, Layton, Commonwealth Bank of Australia's Vivek Dhar, Nicky Shiels, Canaccord, Trump's, Canaccord Genuity Organizations: Co, New York Mercantile, White, CNBC, U.S, Commonwealth Bank of Australia's, MKS Locations: Bangkok, Thailand, U.S, bitcoin, Central

☆ Loss-making Burberry puts focus back on trench coats in a turnaround plan
▼ + stars: | 2024-11-14 | by ( ) edition.cnn.com time to read: +3 min

Burberry will use its British heritage appeal to win back customers by focusing on trench coats and scarves and be less ambitious with prices on bags and shoes, the loss-making luxury brand said in a revamp that sent its shares up sharply. “We took pricing too high across the board,” Schulman told investors and analysts, setting out his assessment of what went wrong at Burberry. Pricing strategy shiftSchulman told reporters Burberry would add more lower-priced “entry-level” products to its range as part of a pricing shift. But he said Burberry’s positioning would remain in luxury and there were no plans to make it an “accessible” luxury brand. Leather goods and shoes underperformed in the first half, Burberry said, while outerwear did better than average.

Persons: Joshua Schulman, “, ” Schulman, Burberry, Cara Delevingne, Little Simz, Olivia Colman, Schulman, Michael Kors, Daniel Lee, outerwear, Italy’s Moncler Organizations: Burberry Locations: China, outerwear, Bottega

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