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☆ Bruce Springsteen being treated for gastrointestinal condition, postpones multiple concerts
▼ + stars: | 2023-09-06 | by ( Dan Heching | ) edition.cnn.com time to read: +1 min

CNN —Bruce Springsteen is postponing the rest of his concerts in September with the E Street Band as he deals with a gastrointestinal condition. First, apologies to our fabulous Philly fans who we missed a few weeks ago. We’ve been having a blast at our US shows and we’re looking forward to more great times. We’ll be back soon.”According to the Cleveland Clinic, peptic ulcer disease “occurs when open sores, or ulcers, form in the stomach or first part of the small intestine. Many cases of peptic ulcer disease develop because a bacterial infection eats away the protective lining of the digestive system.”Springsteen and the E Street Band had eight remaining concerts scheduled through the end of September, including one Thursday in Syracuse.

Persons: CNN — Bruce Springsteen, ”, we’re, We’ll, We’ve, ” Springsteen Organizations: CNN, Philly, Cleveland Clinic, MetLife Locations: Syracuse, East Rutherford , New Jersey

☆ Remember when Will Smith’s ‘Fresh Prince’ wardrobe broke boundaries?
▼ + stars: | 2023-09-04 | by ( Hanna Phifer | ) edition.cnn.com time to read: +6 min

(CNN) — Upon reflection, the odd couple sensibilities that captivated viewers of “The Fresh Prince of Bel-Air” were in place even before the cameras started rolling. Smith's "Fresh Prince" fashions captured, and curated, the visual aesthetic of hip-hop culture. Uncle Phil, conversely, stuck closely to upper middle-class regalia, with suits, sweater vests, and golf polos. “You wore a dashiki and an afro.”Uncle Phil and Smith face off in a scene from the "Fresh Prince" episode "How I Spent My Summer Vacation." As DJ Jazzy Jeff & the Fresh Prince, Jeff Townes and Will Smith perform with backing dancers at the 1993 American Music Awards.

Persons: Bel, Will Smith, James Avery, ”, Smith, Avery, Philip Banks, Phil, Elena Romero, Chris Haston, Uncle Phil, ” Smith, “, Joseph Del Valle, ” Romero, Flash, Jazzy Jeff, Jeff Townes, Banks Organizations: CNN, ”, NBC, Civil, Black, Museum, FIT, Fashion Institute of Technology, Getty, Black American, ” Entertainment, ABC, Smith Locations: West Philadelphia, California, United States, New York, America

☆ 36-year-old CEO took Philly cheesesteaks to Atlanta, sold over $2.3 million at one store in the last year—now he wants to help others do the same
▼ + stars: | 2023-08-31 | by ( Frank Holland | In Frank-Holland | ) www.cnbc.com time to read: +4 min

Big Dave's Cheesesteaks founder and CEO Derrick Hayes is cooking up what he hopes will be his most delicious offering yet: a chance to own a franchise. On Thursday, Hayes will begin accepting official applications to purchase a Big Dave's Cheesesteaks franchise. From water ice to cheesesteaksBig Dave's Cheesesteaks started as Big Dave's Water Ice, as Italian ice is known is Philadelphia, in a gas station in Dunwoody, Georgia, in 2014. Derrick Hayes Source: William SterlingAfter failing to gain traction selling frozen treats, Hayes switched to cheesesteaks. The two connected to discuss repairs to Big Dave's and community outreach during the pandemic.

Persons: Dave's, Derrick Hayes, Hayes, it's, Cheesesteaks, William Sterling, Eve, George Floyd, Pinky Cole, Big, Cole Organizations: The, Black Business, International Franchise Association, Slutty Locations: The West Philadelphia, Philadelphia, Dunwoody , Georgia, he's, Philly, Atlanta

☆ US stocks tumble as Nvidia-led rally fizzles ahead of Powell's Jackson Hole speech
▼ + stars: | 2023-08-24 | by ( Phil Rosen | ) www.businessinsider.com time to read: +2 min

US stocks tumbled Thursday after an early Nvidia-led rally lost momentum and turned negative. Nvidia stock soared to an all-time high after the company beat earnings views and raised its guidance. Investors will be watching for Jerome Powell's speech Friday at Jackson Hole, Wyoming. The chipmaker's stock soared as high as 6.7% to a new all-time record of $502.66, before paring nearly all of its gains. Investors will be watching for more signals from Fed Chairman Jerome Powell during his speech in Jackson Hole, Wyoming on Friday.

Persons: Jerome Powell's, paring, Susan Collins, Patrick Harker, we've, Jerome Powell, Tom Lee, Jackson Organizations: Nvidia, Service, Boston, Philly Fed, Dow Jones Locations: , Wyoming, Wall, Silicon, Jackson Hole , Wyoming

☆ I'm a 25-year-old with 2 master's degrees and $131,000 in student debt. I just left Paris and am getting ready to travel to Asia.
▼ + stars: | 2023-08-10 | by ( Alexandra York | Josée Rose | ) www.businessinsider.com time to read: +13 min

Hayley is an American who spent two years living in Paris and going to school. She recently left Paris and is getting ready to travel to India and beyond. Once a week, I'd pick her up from school and we'd spend about two hours together. I'm going to do a week in India, then I'm going to do a few days in Singapore, then a week and a half in Australia with friends. I'm part of a Facebook group called Host a Sister so I'm staying with women in India who also love to travel solo and then with friends in all the other countries I'm going.

Persons: Hayley, Paris Hayley, I'd, —, I'm, it's, there's, UNESCO's MGIEP, I've Organizations: Service, Anderson College, Arcadia University, Mahatma Gandhi Institute of Education for Peace, Sustainable Development Locations: American, Paris, India, Asia, Wall, Silicon, Kalamazoo , Michigan, South Carolina, Uganda, Marais, Kalamazoo Shore, Jordan, Europe, Midwest, North America, New Zealand, Italy, undergrad, Spain, Michigan, Southeast Asia, Singapore, Australia, Vietnam, Thailand, Kalamazoo

☆ Black homeowners' properties are chronically undervalued by appraisers. A new immersive technology promises to change that.
▼ + stars: | 2023-07-27 | by ( Stephanie Hallett | ) www.businessinsider.com time to read: +8 min

Experts say bias in the appraisal process is the reason for the gap, but change may be coming. That's not surprising, considering 95% of appraisers in Philadelphia — a majority nonwhite city — are white, a report by the Philadelphia Home Appraisal Bias Task Force found. "It's like a flight simulator for appraisers," Swinney said. Right now, Pennsylvania is among the 42 states that have signaled PAREA is an acceptable model for training appraisers. As a City Council member, she formed the Home Appraisal Bias Task Force, which produced a report with recommendations for and data on appraisal bias in the city.

Persons: Deborah Spence, Laura Eaton, Philadelphia Spence, That's, Brad Swinney, Swinney, you've, they're, Appraisers, Cherelle Parker, Philadelphia's, she's, Parker, Spence, we've, We've Organizations: Service, —, Brookings, Federal Reserve Bank of, Data USA, Pennsylvania Department, State, Democratic, Council, Force Locations: Pennsylvania, Wall, Silicon, Philadelphia, Federal Reserve Bank of Minneapolis, America, appraisers, Philly

☆ On the Road With Will Hurd, the Bipartisan Candidate in Search of a Base
▼ + stars: | 2023-07-24 | by ( Jazmine Ulloa | More About Jazmine Ulloa | ) www.nytimes.com time to read: +1 min

At a pit stop outside Manchester, Mr. Hurd said he had no issue with championing another Republican. But he said he would not support Mr. Trump. “I’m not going to lie to get a microphone,” Mr. Hurd said, digging into a Philly cheesesteak and salty fries. Back on the road, Mr. Hurd did not downplay the challenges. Proving that group of people indeed exists as a coherent base of support will be the ultimate test of his candidacy.

Persons: Hurd, Trump, “ I’m, Mr, — Organizations: Republican National, Philly, Republicans, Republican Party Locations: Manchester

☆ Philadelphia is cracking down on Airbnb and Vrbo. Locals are torn over whether it's a good thing.
▼ + stars: | 2023-07-22 | by ( Dan Latu | ) www.businessinsider.com time to read: +5 min

Philadelphia locals are divided over a crackdown that could remove 85% of Airbnb and Vrbo listings. A local Airbnb host said it's unfair and doesn't support it, even if it means less competition. The move could eliminate 85% of short-term rentals, or nearly 1,700 pads, according to the city's own estimate. It's a tiny window that seems unfair, local host Rob Brown told Insider. As a local, she's also experienced disturbances with short-term rentals in the area.

Persons: Lisette Santiago, Santiago, Rob Brown, Brown, Mark Squilla, WHYY, Airbnb, We've, she's, She's Organizations: Service, city's Department, Licenses, City, Temple University, Department, Travelers Locations: Philadelphia, Wall, Silicon, North Philadelphia, Temple

☆ They don’t act or write, but the Hollywood strikes are putting them out of work
▼ + stars: | 2023-07-22 | by ( Natasha Chen | ) edition.cnn.com time to read: +8 min

Elyea, and other small business owners have told CNN about the various ways they’re getting through the dry spell: cutting hours, laying off staff, or temporarily closing their doors. And you know, don’t be buying cars having to make big car payments, and don’t be making big plans with money you don’t have,” she told them. “I know I can get through it, but it takes years to recover,” Levelle told CNN in early July. Natalia Lopez told CNN in June that without her $20.74 per hour wage, she had shifted her grocery list to just basics, like rice and beans. Cendejas told CNN the studios should recognize the people essential at every level to get the work done.

Persons: Los Angeles CNN —, Milken, Remy De La Mora, Patrick Gallagher, Oppenheimer, Pam, Pam Elyea, she’s, ” Elyea, don’t, Pam Elyea Elyea, She’s, “, Elyea’s, Corri Levelle, Sandy Rose Floral, Natasha Chen, CNN Corri Levelle, ” Levelle, ”, Natalia Lopez, Lopez, Yolanda Cendejas, Cendejas, ” Yolanda Cendejas, CNN Cendejas, ” Cendejas, Chester Massetti, Victor Jr’s, you’re, ” Massetti, Massetti, Rosie Blosser, ” Blosser, Blosser Organizations: Los Angeles CNN, Hollywood, Writers Guild of America, SAG, Global, Hire, CNN, WGA, Sandy, SEIU United Service Workers, SEIU, Sony Studios, Amazon Studios, Paramount Studios, Culver City, Warner Bros, Washington, Apple, Warner Bros . Locations: North Hollywood, Los Angeles, Culver City, Culver, Burbank , CA

☆ The White House plan to sell Bidenomics: Hit the road, ignore the polls
▼ + stars: | 2023-07-20 | by ( Christina Wilkie | In | ) www.cnbc.com time to read: +4 min

US President Joe Biden speaks about his economic plan "Bidenomics" at the Philly Shipyard, in Philadelphia, Pennsylvania, on July 20, 2023. But the choreographed excitement and stagecraft on display in Philadelphia belied a different sentiment among voters about what's been dubbed "Bidenomics." "Together we are transforming the country, not just through jobs, not just through manufacturing, but also by rebuilding our infrastructure," Biden told a crowd of hardhat-wearing union workers who stood atop steel beams three storeys high. We've got a long way to go on the economy," Biden told the shipbuilders. "I'm here to say we have more work to do, but we have a plan that's turning things around pretty quickly."

Persons: Joe Biden, what's, I've, Biden, Patrick Murray, it's, Biden hasn't, Jennifer Granholm, Xavier Becerra, Jill Biden, We've Organizations: Philly Shipyard, CNBC, America Economic Survey, Monmouth University, Biden, Monmouth University Polling Institute, Energy, Human Services, Citigroup Locations: Philadelphia , Pennsylvania, Philadelphia, America, Philly, U.S, Monmouth, North Carolina, South Carolina, Georgia, Tennessee, Ohio , Michigan, New York

☆ TikTok is quietly testing 'Hot 50' and 'Viral' song charts in its app as it pushes deeper into the music business
▼ + stars: | 2023-07-07 | by ( Dan Whateley | ) www.businessinsider.com time to read: +3 min

TikTok has begun testing showing "Hot 50" and "Viral" charts to some users. TikTok's parent ByteDance announced a new "TikTok Music" streaming app in two markets this week. TikTok is testing a new feature that shows "Hot 50" and "Viral" music charts to a small subset of users, a spokesperson confirmed to Insider. Hot 50" track on July 6, 2023 was "Get Off The Wall" by Philly Goats. TikTok's music charts may never expand beyond its current limited test, the spokesperson said.

Persons: TikTok, ByteDance, Justine Skye, Lil Donald, Fleetwood, Matthew Wilder's, Jonny Kaps, we've Organizations: TikTok's, Philly, Philly Goats, Spotify Locations: Indonesia, Brazil

☆ In Philly, union members say they don't care about Biden's age: 'I never heard someone who is Catholic say the pope is too old'
▼ + stars: | 2023-06-17 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +8 min

Union members told Insider they are not too concerned about Biden's age or electability. "I never heard someone who is Catholic say the pope is too old," one union member said. Biden's path to reelection depends in part on touting those achievements and turning out union members in November 2024. "There are a lot of politicians in this country who can't say the word 'union,'" Biden said Saturday afternoon, supporters in colorful union merchandise cheering behind him. At Saturday's rally, however, union members insisted it is not a concern — and that the discourse around it is an indictment of the times.

Persons: Joe Biden, —, Jaysin Saxton, Saxton, we've, Biden, Pennsylvania, Donald Trump, John Fetterman, Mary Samaroo, Samaroo, Trump, Nora Dumenigo, Dumenigo, Renee Dozier, Mike Brown, he's, Brown Organizations: Saturday . Union, Service, Starbucks, National Labor Relations, AFL, University of Pennsylvania, Pennsylvania's Democratic Party, Senate, of Health, Human Services, Service Employees International Union, SEIU, Republican, Miami International Airport, International Brotherhood of Electrical Workers Locations: Philadelphia, Augusta , Georgia, Pennsylvania, Scranton, Queens, Afghanistan, Cuba, Boston

☆ Cancel Culture Comes for Philly’s Weirdest Museum
▼ + stars: | 2023-06-15 | by ( Stanley Goldfarb | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/the-mutter-museum-weirdness-goes-woke-philly-research-exhibit-native-americans-9473e659

Persons: Dow Jones, 9473e659

☆ Morning Bid: ECB day to follow a hawkish Fed
▼ + stars: | 2023-06-15 | by ( ) www.reuters.com time to read: +2 min

A day after the Federal Reserve took markets by surprise with a hawkish message, it's the European Central Bank's turn in the hot seat. While the Fed was widely expected to, and did, keep rates unchanged, the U.S. central bank left the door open to more increases ahead. And so to the ECB, which is all but certain to raise borrowing costs to their highest level in 22 years on Thursday. Even after the more hawkish message from the Fed on Wednesday, market pricing for the rate trajectory has not changed too much. Money markets price in roughly one more 25 basis point rate increase from the Fed, while the ECB may struggle to sound hawkish while inflation in the bloc is coming down.

Persons: BNY Mellon, It's, Dhara Ranasinghe, Jane Merriman Organizations: Federal Reserve, BNY, ECB, Fed, ING, Thomson, Reuters Locations: U.S, Dhara, United States, Europe

☆ Putin’s war on Ukraine is only costing a tiny sliver of Russia’s GDP
▼ + stars: | 2023-06-02 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

Direct war spending, according to the report, is estimated to be about 3% of Russia's GDP, or about $67 billion a year. The US put about 50% of its GDP toward war near the same time. That makes it hard to justify spending a lofty percentage of GDP on what is not a war, in their view. All this isn't to say Russia's economy hasn't been hamstrung. Are you surprised by the relatively low fiscal cost of Russia's war?

Persons: Phil Rosen, Patrick Harker, Vladimir Putin, Mikhail Metzel, Vladimir Putin's, hasn't, that's, Mark Wilson, Goldman Sachs, it's, Realtor.com, Read, Jonathan Miller, Max Adams, Nathan Rennolds Organizations: Federal Reserve, Philly Fed, Economist, Technology, American Locations: Manhattan, Washington, Ukraine, Russia, Moscow, Soviet Union, India, Saudi Arabia, New York, London

☆ Jim Cramer says the Fed needs to slow down before making a rash decision
▼ + stars: | 2023-05-31 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer told investors on Wednesday that the Federal Reserve needs to calm down before it makes a rash decision about rate hikes that could make the market even worse. With two weeks to go before its next meeting, Cramer stressed the need for prudence, not recklessness, in times of market confusion. "There are plenty of Fed heads who believe they need to keep raising interest rates, rather than take their time to assess the situation," Cramer said. Maybe the Fed needs to tighten more, but would it kill them to wait another month or two?" Cramer stressed that many industry giants are sending out warning signs that the central bank should not ignore, especially brick-and-mortar retailers, which are seeing "discouraging earnings and almost uniformly tepid forecasts."

Persons: CNBC's Jim Cramer, Cramer, —, I'm, Patrick Harker Organizations: Federal Reserve, American Airlines, Philly Fed, Costco, Meta

☆ Morning Bid: Get ready for the debt ceiling rally
▼ + stars: | 2023-05-18 | by ( ) www.reuters.com time to read: +3 min

A look at the day ahead in European and global markets from Kevin BucklandEuropean shares look poised to rally after a wave of optimism that a U.S. debt ceiling deal could be reached as soon as the weekend, which lifted stocks on Wall Street and in Asia. Analysts highlighted how both parties agreed to new, smaller teams to continue negotiations, which they took as a sign that discussions have moved to a more advanced stage. Cash available at the U.S. Treasury general account, used to pay for all official U.S. obligations, is draining fast as extraordinary measures are exhausted, pending a debt ceiling deal to raise the limit. The Nasdaq is on the cusp of a 13-month peak, and the Dax is hovering near its highest since January of last year. Reporting by Kevin Buckland; Editing by Edmund KlamannOur Standards: The Thomson Reuters Trust Principles.

☆ Morning Bid: Debt ceiling drama aside, world economy looks shaky
▼ + stars: | 2023-05-18 | by ( ) www.reuters.com time to read: +3 min

A look at the day ahead in U.S. and global markets from Naomi RovnickRisk appetite has perked up on global markets thanks to optimism that U.S. Democrats and Republicans are nearing a deal to raise the debt ceiling and avoid an economically catastrophic default. But while a debt ceiling reprieve could boost markets in coming days, the backdrop of a lacklustre global economy is unchanged, with its twin engines, China and the United States, sputtering. Citi's China economic surprise index is at its lowest since January (.CESICNY), a further sign that the growth outlook has weakened. The S&P 500 is trading at a rich 18 times forecast earnings, buoyed by the tech mega-stocks that dominate the index. Developments that could affect markets on Thursday:* Economic events: U.S. initial jobless claims, U.S. existing home sales, Philly Fed business index.

☆ This Tool Pushes the Limits of Outdoor Cooking
▼ + stars: | 2023-05-15 | by ( Steven Raichlen | ) www.nytimes.com time to read: 1 min

In the early 2000s, Roger Dahle attended an outdoor pancake breakfast cooked on a commercial flattop at his local Rotary Club, a civic organization, in Utah. “I love cooking breakfast outdoors, but you couldn’t buy an outdoor griddle for home use,” Mr. Dahle said. He experimented with a variety of cooking surfaces, settling on the same material used in woks: carbon steel. He mounted it on a cart like a gas grill, with propane to fire the burners, and named it Blackstone, after a favorite local restaurant. “People originally bought the Blackstone to cook breakfast,” Mr. Dahle said.

Some Chinatown residents benefited from the development boom, selling properties to developers or drawing more customers from increased foot traffic. Some residents have shown tentative support for the luxury buildings, saying they might make the neighborhood safer or bring in wealthier Asian residents who could boost Chinatown's economy. Manhattan Chinatown's housing stock is "really aged," which has led to costly fires, according to Thomas Yu, executive director of Asian Americans for Equality. Chinatowns and the pandemicMany debates surrounding luxury development and affordable housing were accelerated by the pandemic, which shuttered hundreds of businesses across Chinatowns. However, business owners who spoke with CNBC said Chinatown's businesses, though still recovering, are keeping the city's culture alive.

☆ Joel Embiid's 'improbable' journey from newcomer to NBA MVP
▼ + stars: | 2023-05-09 | by ( Thomas Schlachter | ) edition.cnn.com time to read: +11 min

“He’s the biggest film nerd there is in the NBA,” Hanlen laughs. The ultimate scorerDespite his ‘Joel Troel’ alter-ego, Embiid’s approach to the game shows he is everything but a joker who fools around. Speaking after being named MVP, Embiid said: “I’d say the biggest key of it is, obviously, I’m all about family. Arthur is named after Embiid’s late brother who passed away shortly after the 2014 NBA Draft. But improbable doesn’t mean impossible.”Hanlen then summed up Embiid’s overall approach by saying: “I would just say he’s obsessed with greatness.

☆ ‘Too Many Seats, Too Few Butts’ Mean Changes at Your Favorite Restaurant
▼ + stars: | 2023-04-28 | by ( Spencer Jakab | ) www.wsj.com time to read: 1 min

A drive-thru customer at a Taco Bell restaurant in New Jersey. Photo: Thomas P. Costello/USA TODAY NETWORK/ReutersIt would be pretty hard to confuse the prime bone-in rib-eye steak from Morton’s with the Philly cheesesteak at Jersey Mike’s, but at least they now have one thing in common: both can be delivered. For most people, a meal at an upscale chain is about the ambience as much as the food. The pandemic seems to have taken away some of the charm of eating out, though. A surprisingly high 18% of sales at American fine dining establishments last year, surveyed by consulting firm Technomic, were to people for whom there is no place like home—except maybe their car.

☆ Chipotle says it has seen some of its best digital sales after launching its TikTok-inspired Fajita Quesadilla
▼ + stars: | 2023-04-27 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

Chipotle added the Fajita Quesadilla to its menu last month, inspired by a viral TikTok menu hack. During the launch, quesadilla sales nearly doubled and Chipotle had two of its best-ever digital sales days. It is inspired by a menu "hack" of adding fajita veggies to its steak quesadilla that went viral on TikTok in 2022. Adding fajita veggies – pepper and onion – to a quesadilla was not previously an option at Chipotle. "During the launch, we nearly doubled our Quesadilla business and had two of our top digital sales days of all time."

☆ Opinion | American Road Deaths Show an Alarming Racial Gap
▼ + stars: | 2023-04-26 | by ( Adam Paul Susaneck | ) www.nytimes.com time to read: +15 min

The year before, pedestrian deaths reached a 40-year high. Pedestrian and cyclist injuries tend to be concentrated in poorer neighborhoods that have a larger share of Black and Hispanic residents. Roosevelt Boulevard North Philly High Injury Network West Philly 3 miles Percent Black and Hispanic 20 40 60 80% Washington D.C. Oslo and Helsinki, which adopted Vision Zero in the 1990s, recorded zero traffic deaths in 2019, and Helsinki had just two pedestrian deaths in 2021. In Los Angeles, Philadelphia and Washington, pedestrian deaths have actually risen since the adoption of Vision Zero.

☆ 10 Things in Tech: Charlie Bell speaks, Amazon RTO, and the lucrative side of teaching ChatGPT
▼ + stars: | 2023-04-26 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +5 min

Amazon needs to watch out for Charlie Bell. A founder of Amazon Web Services and the firm's "best person in the room," Bell shook the industry last September when he joined Microsoft. Bell will be overseeing a new cybersecurity division at Microsoft — but insiders at both Amazon and Microsoft wonder if he'll go more directly up against his former employer. My colleague Ashley Stewart examines the growing threat of Microsoft now that Bell is free from his noncompete purgatory. Look into the future here for Bell — and Microsoft — without Amazon's restrictions.

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