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☆ Women accuse former Harrods boss Al Fayed of sexual abuse: ‘I was just terrified’
▼ + stars: | 2024-09-20 | by ( Daniele Hamamdjian | Bill O'Reilly | Daniele Hamamdjian Is An Nbc Foreign Correspondent Based In London. | ) www.nbcnews.com time to read: +11 min

The first red flag Stone recalls while working for Al Fayed was him giving her a tight hug. NBC News“I was a bit like, Ooh, you know, that’s weird, but maybe that’s his culture, I don’t know,” Stone said. A fictionalized version of their relationship was depicted in the Netflix series last year, and included a warm and sympathetic portrayal of Al Fayed. “The allegations against Mohamed Al Fayed include serial rape, attempted rape, sexual battery, sexual abuse of minors. I was going through this sort of hell.”Stone struggled to explain the hold Al Fayed had on her and other female staffers.

Persons: Mohammed Al Fayed, “ Papa, Al Fayed, ”, Gloria Allred, “ Al Fayed, Natacha, Maria Mulla, Mohamed Al Fayed, Yui Mok, Sophia Stone, Al Fayed’s, Stone, ” Stone, “, London . Stone, he'd, Mohamed Al, Fayed, Paul Ellis, Princess Diana, Dodi, Allred, Eamon Coyle, “ Mohamed, Keaton Stone, ” Sophia Stone, you’ll Organizations: NBC News, Harrods, Netflix, NBC, London ., Bois, Boulogne, Getty, Britain’s, BBC, U.S Locations: American, London, Harrods, Al, Paris, Scotland

Zambada would later claim that he was “ambushed” and “kidnapped” by Guzmán López and hand-delivered to US authorities. It remains unclear why Guzmán López surrendered to US authorities and brought Zambada with him. Forensic investigators remove a body from the street in La Costerita, Culiacan, Sinaloa state, Mexico, Thursday, Sept. 19, 2024. “In Sinaloa, there wasn’t the violence that there is now,” the Mexican president said Thursday. Mexican Defense Secretary Luis Cresencio Sandoval said on Tuesday that at least two soldiers died last week during the violence in Sinaloa.

Persons: Andrés Manuel López Obrador, López Obrador, Washington, Ismael “ El, Ismael “ El Mayo ” Zambada, Joaquín Guzmán López, “ El, Guzmán, Zambada, ”, “, Guzmán López, ” Zambada, Mexico Ken Salazar, Eduardo Verdugo, Ruben Rocha Moya, Luis Cresencio Sandoval Organizations: CNN, Sinaloa Cartel, Ismael “ El Mayo ”, US Department of Justice, Gov, Armed Forces, Mexican Locations: United States, Sinaloa, El Paso , Texas, Mexico, ‘, La Costerita, Culiacan, “

☆ Here’s what it could mean if Trump shut down the US Department of Education
▼ + stars: | 2024-09-20 | by ( Katie Lobosco | ) edition.cnn.com time to read: +7 min

We will ultimately eliminate the federal Department of Education,” he said earlier this month during a rally in Wisconsin. Previously, federal education programs were housed in other agencies. Ending the department may not eliminate federal education fundingFederal funding programs for K-12 schools that help support the education of students from low-income families and children with disabilities predated the creation of the Department of Education. Calls to abolish the Department of Education or merge it with another federal agency are not new. When Trump was president, his administration proposed merging the Education and Labor departments into one federal agency.

Persons: Donald Trump, Trump, “, I’m, ”, ” Trump, Kamala Harris, ” Harris, Jimmy Carter, Pell, Joe Biden’s, Frederick Hess, Marguerite Roza, ” Roza, Ronald Reagan Organizations: Washington CNN —, Department of Education, of Education, Democratic National Convention, National Education Association, Department, Education’s, IDEA, Civil, Joe Biden’s Department of Education, Obama, Education, American Enterprise Institute, “, Georgetown University, Brookings Institution, Republican, Labor, Republicans Locations: Wisconsin, Georgia, Israel

☆ Here's what Google's new finance chief will need to do to keep investors happy
▼ + stars: | 2024-09-20 | by ( Hugh Langley | ) www.businessinsider.com time to read: +5 min

Ashkenazi, who was previously CFO at Eli Lilly and Company, took the reins from Alphabet's previous finance chief, Ruth Porat, in July. They wanted more visibility into the performance of certain parts of Google's business, such as AI and subscriptions, which are increasingly becoming bigger businesses for Google. AdvertisementMorgan Stanley analysts say this is still too ambiguous. Related storiesThe Morgan Stanley analysts also said they would like to see Google separately report earnings from YouTube's advertising and subscriptions. Morgan Stanley analysts said Google has an opportunity to "be more assertive" about "promoting its positive impact" on users and partners, similar to Amazon.

Persons: —, Anat Ashkenazi, Ashkenazi, Eli Lilly, Ruth Porat, Morgan Stanley, Porat, Google's, Sundar Pichai Organizations: Service, Wall Street, Company, Business, Google, Investors, Meta, YouTube, Amazon Web Services, Microsoft, US Department of Justice Locations: —

☆ The detonation of pagers used by Hezbollah shows the depths of supply-chain infiltration
▼ + stars: | 2024-09-19 | by ( Lloyd Lee | Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe Tuesday attack in Lebanon, where hundreds of pagers used by the Iran-backed militant group Hezbollah simultaneously detonated, points to a highly sophisticated operation that likely required months of planning and an infiltration of a global supply chain, experts told Business Insider. This story is available exclusively to Business Insider subscribers. Spokespeople for the Israel Defense Forces and the US Department of Defense did not immediately respond to a request for comment from Business Insider. Business Insider was not able to reach BAC Consulting for comment.

Persons: —, Jones, Israel, Sean McFate, McFate, Robert Khachatryan, Cristiana Organizations: Service, Associated Press, Lebanese Health Ministry, AP, Business, New York Times, Israel Defense Forces, US Department of Defense, Armament Research Services, Syracuse University's Maxwell School of Citizenship, Public Affairs, Freight, Global Logistics, NBC News, Consulting, The New York Times, Taliban Locations: Lebanon, Iran, Israel, Taiwan, Hungary

Law enforcement rides a vehicle near a property belonging to Sean "Diddy" Combs in Los Angeles, California, on March 25. The investigation stems from many of the same sexual assault allegations put forth in the civil lawsuits, according to a second law enforcement source familiar with the searches. The raids came weeks after a lawsuit was filed against Combs by Rodney “Lil Rod” Jones. November lawsuit: Combs settled a suit brought by his former girlfriend, singer Casandra “Cassie” Ventura, who alleged she was raped and subjected to years of repeated physical and other abuses by Combs. Civil lawsuits: Since November, Combs has been hit with 10 lawsuits, nine directly accusing him of sexual assault.

Persons: Sean, Diddy, Combs, Eric Thayer, Sean “ Diddy ” Combs, HSI, Rodney “, Rod ” Jones, Casandra “ Cassie ” Ventura Organizations: Authorities, US Department of Homeland Security, CNN Locations: Los Angeles , California, Miami, Los Angeles

☆ The Archegos disaster isn't over yet for banks as the feds reportedly revive criminal antitrust probe
▼ + stars: | 2024-09-17 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Read previewFederal prosecutors are reexamining Wall Street banks that lost billions in the 2021 Archegos collapse, anonymous sources told Bloomberg. The revived probe follows just months after Archegos' founder Bill Hwang was convicted of fraud, racketeering, and market manipulation in July. AdvertisementHowever, this plot fell apart when the stocks fell in March 2021, sending Archegos's $150 billion in bets fell into freefall. After an agreement failed to materialize, banks such as Goldman Sachs and Morgan Stanley unleashed their shares onto the market. Sources told Bloomberg that the department has begun making inquiries, with special attention paid to the 2021 banks' emergency discussions.

Persons: —, Archegos, Bill Hwang, Hwang, Goldman Sachs, Morgan Stanley Organizations: Service, Bloomberg, US Department of Justice, Business, Credit Suisse, Nomura, UBS, DOJ Locations: freefall

☆ US military completes withdrawal from Niger
▼ + stars: | 2024-09-16 | by ( Haley Britzky | ) edition.cnn.com time to read: +3 min

CNN —The US military completed its withdrawal from Niger on Sunday, US Africa Command announced in a news release. The US had previously said that the withdrawal would be complete by September 15. The withdrawal comes months after Niger’s military government — which took power in a coup in 2023 — ended an agreement signed with the US that allowed military personnel and civilian staff from the Department of Defense to operate in Niger. A Niger military spokesman said in March that the agreement “is not only profoundly unfair in its substance but it also does not meet the aspirations and interests of the Nigerien people.”The announcement was made just days after a US delegation visited Niger in March. Those concerns were only furthered when, weeks after Niger announced the end of its military agreement with the US, Russian forces were operating out of the same military base as US troops in the country.

Persons: Sabrina Singh, ” AFRICOM, ”, —, Major Amadou Abdramane, Michael Langley, Celeste Wallander, “, ” Abdramane, Singh, Russia “, ” Langley, Chris Maier Organizations: CNN, Africa Command, Air Base, US, Pentagon, U.S . Africa, Department of Defense, US Special Forces, ” CNN, US Africa Command, American, Russian Federation, Niger, Islamic State, US Department of Defense, Nigerien Ministry of National Defense Locations: Niger, Niamey, Agadez, U.S, Nigerien, Russia, Africa, Russian, al Qaeda

☆ Google dodged a jury trial in its big adtech case with a $2,289,751 check
▼ + stars: | 2024-09-15 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +6 min

AdvertisementThe antitrust trial, which began on Monday and is expected to last another month, has been configured as a bench trial. The case is different from a different Google antitrust trial decided earlier this year, where a judge found the company illegally monopolized the search market. AdvertisementThe Justice Department brought five different counts against Google under the Sherman Act, the landmark 1890 law that allows for the Justice Department to break up monopolies. AdvertisementAccording to a couple of professors who the Justice Department hired to do the math, that all added up to $2,289,751. At the end of June 7 hearing, Brinkema applauded Google and the Justice Department for their clever legal arguments.

Persons: —, Department —, There's, Leonie Brinkema, Bill Clinton, Brinkema, Sherman, Gibson Dunn, Stephanie Scarbrough, Rebecca Allensworth, Allensworth, Department's, Wells Fargo, DOJ's, We're, Justice Department didn't Organizations: Service, Google, US Department of Justice, Department, Business, Justice Department, Justice, of, AP, Vanderbilt University, BI Locations: Virginia, United States, States, Eastern, of Virginia

☆ Boar’s Head to close Virginia plant linked to deadly listeria outbreak
▼ + stars: | 2024-09-13 | by ( Jamie Gumbrecht | ) edition.cnn.com time to read: +3 min

CNN —Boar’s Head will close the Virginia plant that produced deli meat products tied to a deadly listeria outbreak, the company said on Friday. The move is part of several changes made after what it called a “dark moment in our company’s history.” Boar’s Head said it will permanently discontinue sales of liverwurst after an investigation found its production process was the root cause of the listeria contamination. It will also appoint a new food safety officer and food safety council made up of independent industry experts. But a USDA Notice of Suspension for the Virginia facility, shared by Boar’s Head, describes “inadequate controls” that allowed equipment and employees to move throughout the facility, potentially spreading bacteria. The agency called it the largest listeria outbreak since one linked to cantaloupe in 2011.

Persons: CNN — Boar’s, ” Boar’s, Boar’s, Dr, Sanjay Gupta, “, what’s Organizations: CNN, Department of Agriculture’s, CNN Health, Centers for Disease Control, listeria, CDC Locations: Virginia, Jarratt , Virginia, Jarratt

☆ Four ISIS leaders were killed in western Iraq raid last month, US military says
▼ + stars: | 2024-09-13 | by ( Kaanita Iyer | ) edition.cnn.com time to read: +2 min

CNN —Four ISIS leaders were killed as a result of raid in western Iraq late last month, the US military said Friday. US Central Command identified the four leaders as Ahmad Hamid Husayn Abd-al-Jalil al-Ithawi, who was responsible for all ISIS operations in Iraq; Abu Hammam, who oversaw all operations in the western part of the country; Abu-‘Ali al-Tunisi, who oversaw technical development, and Shakir Abud Ahmad al-Issawi, who was responsible for military operations in western Iraq. The US, in partnership with Iraqi security forces, conducted a raid in western Iraq on August 29, killing more than a dozen ISIS operatives who were “armed with numerous weapons, grenades, and explosive ‘suicide’ belts,” CENTCOM previously said. Amid the heightened tensions in the Middle East, Iraq has postponed announcing an end-date for the US-led military coalition’s presence in the country, CNN previously reported. CNN’s Philip Wang, Haley Britzky, Mary Kay Mallonee, Hamdi Alkhshali, Sam Fossum and Mohammed Tawfeeq contributed to this report.

Persons: Ahmad Hamid Husayn Abd, Jalil, Abu Hammam, ‘ Ali, Shakir Abud Ahmad, “ CENTCOM, ”, Michael Erik Kurilla, ” CENTCOM, CENTCOM, Lloyd Austin, Philip Wang, Haley Britzky, Mary Kay Mallonee, Hamdi Alkhshali, Sam Fossum, Mohammed Tawfeeq Organizations: CNN, ISIS, Central Command, US Department of Defense, US Locations: Iraq, United States, East, Israel, Tehran, Iran

☆ Biden administration expected to unveil new evidence of RT’s key role in Russian intelligence operations globally
▼ + stars: | 2024-09-13 | by ( Kylie Atwood | Sean Lyngaas | ) edition.cnn.com time to read: +3 min

CNN —The Biden administration is expected on Friday to announce a major effort to blunt the global influence of RT and expose what it says is the Russian state media network’s key role in the Kremlin’s global intelligence and influence operations, according to a senior administration official and three other sources familiar with the matter. A key finding from the new US intelligence is that, for more than a year, the Russian government has quietly embedded an intelligence-gathering unit within RT that is focused on influence operations globally, one of the sources familiar said. That activity has been part of US officials described as a big expansion of RT’s role as an arm and mouthpiece of the Kremlin abroad. The activity goes beyond propaganda and covert influence operations to even include military procurement, the source said. The US believes RT propaganda and disinformation has been key to generating pro-Russia reactions to the Ukraine war globally, the senior administration official said.

Persons: CNN —, Biden, “, –, RT, Trump, Joe Biden Organizations: CNN, State Department, Kremlin, of Justice, UN, Assembly, US Department of Justice, US, European Union, Saharan Africa RT, Huawei Locations: Russian, Russia, America, Ukraine

☆ The CEO of $50 billion adtech giant The Trade Desk is calling for Google to be broken up
▼ + stars: | 2024-09-12 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +5 min

"I've always said The Trade Desk managed to win in an unfair market — imagine what we could do in a fair market." Since its founding in 2009, The Trade Desk — which operates a demand-side platform for advertisers and ad agencies — has grown into an adtech juggernaut. Having debuted on the Nasdaq in 2016, the California-based adtech company now has a market capitalization of almost $50 billion. In it, Google named-checked The Trade Desk as one of those alternative players in the ad market. Green said he found the comparison flattering when Sundar Pichai, in 2022, named TikTok and The Trade Desk as its competitors.

Persons: —, Jeff Green, Green, I've, Sundar Pichai, David, Goliath, Jed Dederick Organizations: Service, US Department of Justice, Google, Business, ExchangeWire's ATS, Trade, US Department of, DOJ, Meta, YouTube, Publishers, CMA, UK's, Markets Authority, Nasdaq, London Locations: London, California, Virginia

☆ The world’s best airline rewards programs, according to Point.me
▼ + stars: | 2024-09-12 | by ( Marnie Hunter | ) edition.cnn.com time to read: +6 min

CNN —Having trouble navigating the complicated, often frustrating, world of airline loyalty programs? 1 airline rewards program, according to the rankings. Last week, the US Department of Transportation announced a consumer protection probe into US airlines’ loyalty programs. World’s top 10 airline rewards programsHere are the top 10 programs globally and their scores on a 100-point scale, according to Point.me’s analysis:1. SeongJoon Cho/Bloomberg/Getty ImagesNorth America’s top 10 airline rewards programsHere are the top 10 programs in North America and their scores on a 100-point scale, according to Point.me’s analysis:1.

Persons: CNN —, ”, Tiffany Funk, Point.me, Canada’s Aeroplan, Funk, Delta, Avianca, they’re, ” Funk, SeongJoon Cho, Allegiant Organizations: CNN, Air France, KLM, Air, United, ” United Airlines, Virgin Atlantic, British Airways, JetBlue, Delta Air Lines, Delta, North, Canada’s, Qatar Airways Privilege, Cathay Pacific, Singapore Airlines KrisFlyer, US Department of Transportation, American Airlines, Southwest Airlines, United Airlines, Air Canada, British Airways Executive, Virgin Atlantic Flying, Alaska Airlines, JetBlue TrueBlue, Bloomberg, Getty, Southwest Airlines Rapid, Airlines, Spirit Airlines, Qatar Airways, Cathay Locations: Alaska, Latin America, East, Africa, Cathay Pacific Asia Miles, Asia, Pacific, Air France, North America, Europe, Middle East, Oceania

☆ Nearly half of US renters spend more than 30% of their income on housing costs
▼ + stars: | 2024-09-12 | by ( Samantha Delouya | ) edition.cnn.com time to read: +4 min

CNN —Nearly half of all renter households in the US were cost-burdened in 2023, meaning they paid more than 30% of their income towards housing costs, according to new government data. “Housing costs rose between 2022 and 2023 for both homeowners and renters,” Molly Ross, a survey statistician at the Census Bureau, said in a statement. Households that spend more than 30% of their income on rent, mortgage payments or other housing costs are considered “cost-burdened” by the US Department of Housing and Urban Development. In 2023, 56.2% of Black or African American households spent more than 30% of their income on housing costs, compared to 49.7% of the total population. About 2.5 million, or 30.6%, of Black households were considered “severely cost-burdened,” meaning they spent more than 50% of their income on housing costs in 2023.

Persons: Molly Ross, Kamala Harris, Donald Trump, Trump Organizations: CNN, Survey, Census, US Department of Housing, Urban Development, Federal Reserve Locations: Florida, Texas , California , New York, Louisiana, Illinois , Kansas , Minnesota, New Mexico , New York, West Virginia

☆ Former CIA officer who spied for China sentenced to a decade in prison
▼ + stars: | 2024-09-12 | by ( Josh Campbell | ) edition.cnn.com time to read: +1 min

CNN —A former CIA officer arrested for espionage has been sentenced to 10 years in federal prison for conspiring to provide classified information to Chinese intelligence officials, according to the US Department of Justice. Alexander Yuk Ching Ma, 71, of Honolulu, had arranged for himself and a relative, who also previously worked for the CIA, to meet with Chinese security officers in Hong Kong and provide classified material in exchange for $50,000, according to his plea agreement. Ma pleaded guilty in May. Ma was later the target of an FBI undercover operation after applying to work as a linguist at the bureau’s Honolulu field office. During the course of his monitored employment with the FBI, Ma allegedly took a digital camera into the FBI office to photograph sensitive documents that he would then take to his handlers in China.

Persons: CNN —, Alexander Yuk Ching Ma, Ma, Salina Kanai Organizations: CNN, CIA, US Department of Justice, FBI, People’s, DOJ, Justice Department Locations: Honolulu, Hong Kong, People’s Republic of China, China, Salina, United States

☆ I landed a 6-figure government job after leaving the military. It's high-stress and comes with many challenges — here's how I manage it.
▼ + stars: | 2024-09-10 | by ( Perri Ormont Blumberg | ) www.businessinsider.com time to read: +5 min

I'm a management and senior policy analyst at the US Department of Housing and Urban Development (HUD) in Washington, DC. After transitioning from military to civilian life in 2012, I worked as a policy analyst and technical writer at Sage Management. I love my new role and would've left to pursue a fully remote role if this didn't happen at HUD. I work around these challenges by building relationships with other program offices within HUD to collaborate and get the work done. Within the HUD Veterans Affinity Group, we established the Women's Group to talk monthly with and support women veterans.

Persons: —, Ebony Grey, It's, I've, would've Organizations: Service, US Department of Housing, Urban Development, Business, Air Force, Sage Management, HUD, Affinity Group, ACT, Education, Federal, Veterans Affinity Group, Blacks, American Federal Executive Association, Young Government Locations: Washington ,, Afghanistan, Government

☆ Google’s search business was declared to be a monopoly. Now its ad business is on trial
▼ + stars: | 2024-09-09 | by ( Brian Fung | ) edition.cnn.com time to read: +9 min

The long-awaited Google-DOJ showdown focuses on the $31 billion portion of Google’s ad business that matches website publishers with advertisers. “One monopoly is bad enough, but a trifecta of monopolies is what we have here,” said Wood, the DOJ attorney, referring to Google’s publisher ad server business, its advertising exchange AdX, and its advertiser ad network. Authorities have called for that group of businesses within Google — which is distinct from Google’s search or search ads business — to be broken up. Factoring in those other sources of competition drops Google’s share of the ad exchange market from 34% to 17%, said Dunn, Google’s attorney. Still, a breakup of Google’s ad tech business could potentially trigger a shakeup of the digital advertising industry and Google’s role within it.

Persons: —, ” Julia Tarver Wood, Leonie Brinkema, “, ”, Karen Dunn, Google’s, Kamala Harris, Donald Trump, Albert V, Alex Wong, Tim Wolfe, DOJ’s, Wood, ” Wood, Trump, Dunn, Google, Clinton, Brinkema, Neal Mohan, ” It’s Organizations: CNN, Google, US Department of Justice, DOJ, Biden, Blockbuster, Justice Department, Bryan United, Courthouse, The Justice, Gannett, USA, Army, Authorities, Meta, Microsoft, Netflix, Big Tech, Court, Eastern, of, Justice, Comcast, Disney, The New York Times, YouTube Locations: Virginia, Google’s, Alexandria , Virginia, of Virginia

☆ Inside the landmark Google adtech antitrust trial that could transform the $700 billion global digital ad market
▼ + stars: | 2024-09-09 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +9 min

The DOJ and the states are seeking a breakup of Google's adtech business. Separately, they said that while a separation of Google's ad server and its ad exchange would be good for competition in the adtech market, it might drive ad server costs up for publishers. Google's ad server is "a loss leader, they make all their money in AdX," the exec said, referring to Google's ad exchange that connects buyers and sellers. Global regulators have Google in their sights, tooAny unraveling of Google's ad empire would be complex. Over the pond, the European Union said last year it might look to break up Google's adtech business.

Persons: —, Google's, Tim Nollen, isn't gunning, adtech, Macquarie's Nollen, Bietti, Mark Jamison, there's, Arielle Garcia Organizations: Service, Eastern, Business, US Department of Justice, Google, DOJ, Microsoft, Macquarie, Publishers, US Department of, Northeastern University, Public Utility Research Center, Digital Markets, University of Florida, Global, European Union Locations: Virginia, AdX

☆ Ukraine is getting more Bradleys from the US as the fighting vehicles prove to be among the most valuable armor in the war
▼ + stars: | 2024-09-06 | by ( Chris Panella | ) www.businessinsider.com time to read: +5 min

Read previewThe US has promised Ukraine a new military aid package including more Bradley infantry fighting vehicles. The US-made armored vehicles, which offer maneuverability, versatility, and sufficient firepower, have proven valuable to Ukraine efforts on the battlefield — more so than the main battle tanks and other heavy armor it's received. The US announced a new military aid package for Ukraine valued at $250 million to meet Ukraine's critical defense needs. One reason is that its received more Bradleys than it has main battle tanks from Western nations. Bradleys have gone up against a variety of Russian armor, either holding their own or winning the fight.

Persons: —, Bradley, it's, ◾️ Bradley IFVs, Bradleys, Oliver Weiken, Ukraine's, Crews Organizations: Service, US Department of Defense, Business, US, ◾️ RIM, —, Carriers, Getty, Pentagon, NATO, Mechanized Brigade, 47th Mechanized Brigade Locations: Ukraine

☆ E-cigarette use among youth in the US declined to the lowest level in a decade
▼ + stars: | 2024-09-05 | by ( Deidre Mcphillips | ) edition.cnn.com time to read: +6 min

“We’re concerned with any tobacco product use among kids, and that includes nicotine pouches. And of those who use nicotine pouches, more than 1 in 5 say they use them every day. These flavors and targeted marketing are among the many factors that influence youth tobacco product use, CDC’s Kittner said at the briefing. “The continued decline in e-cigarette use among our nation’s youth is a monumental public health win,” King said in a statement. But we can’t rest on our laurels, as there’s still more work to do to further reduce youth e-cigarette use.”CNN’s Jacqueline Howard and Jen Christensen contributed to this report.

Persons: ” Deirdre Lawrence Kittner, “, ” Brian King, “ We’re, we’re, Richardson, ” Richardson, CDC’s Kittner, ”, Dr, Sanjay Gupta, ” King, ” CNN’s Jacqueline Howard, Jen Christensen Organizations: CNN, US Centers for Disease Control, Food, Drug Administration’s Center for Tobacco Products, National Youth Tobacco Survey, CDC, FDA, Campaign, Tobacco, ” Health, CNN Health, US Department of Justice Locations: United States

☆ A small bakery is out thousands of dollars after a check for a 1,000-cupcake order turned out to be a scam
▼ + stars: | 2024-09-05 | by ( Joshua Nelken-Zitser | ) www.businessinsider.com time to read: +4 min

Read previewA Los Angeles bakery was caught up in a counterfeit-check scam after receiving an order for 1,000 cupcakes. Stern told KABC the "odd" order did raise suspicion, largely because her bakery primarily specializes in occasion cakes and cookies with edible flowers, not cupcakes. Stern told the outlet the bank informed her that if the funds cleared, which they later did, the check was probably legitimate. "They said, 'Oh, it's been cited as a counterfeit check,'" Stern told the outlet. Stern told KABC the experience left her feeling "disheartened about humanity."

Persons: —, Loria Stern, Stern, We've, it's, she'd Organizations: Service, KABC, Business, US Department of, Treasury, US Justice Department, Public Safety Canada Locations: Angeles

☆ One of China's neighbors is sending out more naval patrols to challenge its attempts to dominate the South China Sea
▼ + stars: | 2024-09-04 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +6 min

Read previewThe Philippines says it has stepped up its naval patrols and air surveillance around a disputed island in the South China Sea to counter the growing number of Chinese vessels in the area. In June, Chinese coast guards armed with swords and knives attacked Philippine vessels in the contested waters, resulting in injuries and one soldier losing a thumb. Chinese coast guards holding knives and machetes as they approached Philippine troops in the disputed South China Sea in June. "We once again warn the Philippines to face reality and give up illusions," Liu Dejun, a spokesperson for China's coast guard, said. Advertisement(Vietnam, Malaysia, Brunei, and Taiwan also lay claim to parts of the South China Sea.)

Persons: —, Roy Vincent Trinidad, BRP Teresa Magbanua, Trinidad, Sabina Shoal, Jay Tarriela, Tarriela, Teresa Magbanua, Liu Dejun, Liu, Sari Arho Havrén, Collin Koh, Koh, Adm, Samuel Paparo, Alexander Lopez Organizations: Service, Coast Guard, Navy, Air Force, Daily Tribune, Business, BRP, Armed Forces, AP, The Daily Tribune, Liberation Army Navy, US Department of State, Royal United Services Institute, Institute of Defence, Strategic, Singapore's Nanyang Technological University, CNN, Pacific Command, Mutual Defense, Philippine National Maritime Council Locations: South, Philippine, Sabina, Escoda, China, Philippines, South China, China's, Sabina Shoal, Vietnam, Malaysia, Brunei, Taiwan, Washington, Manila

☆ This leaked 2007 DoubleClick pitch deck is set to play a central role in Google's blockbuster adtech antitrust trial
▼ + stars: | 2024-09-04 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +3 min

The deck was obtained by adtech veteran Ari Paparo, CEO of Marketecture Media, which is producing "The Monopoly Report" newsletter to accompany Google's adtech trial. This story is available exclusively to Business Insider subscribers. Business Insider could not confirm with certainty whether this was a final draft. The DOJ and the states are seeking a breakup of Google's adtech business, which could have big ramifications on the broader digital ad market. The case concerns the under-the-hood part of Google's advertising business: The technology that connects advertisers with publishers and that runs the advertising auctions that take place in the milliseconds it takes a webpage to load.

Persons: —, Ari Paparo, Google's, Paparo, DoubleClick Organizations: Service, adtech, Marketecture Media, Business, Yahoo, Microsoft, AOL, Google, US Department of Justice, DOJ, Reuters, Big Tech Locations: Virginia

☆ Nvidia is suddenly in trouble
▼ + stars: | 2024-09-04 | by ( David Goldman | ) edition.cnn.com time to read: +4 min

CNN —Nvidia, the AI chipmaking titan that was briefly the world’s most valuable company, has suddenly found itself in an unfamiliar position: a major rut. Nvidia (NVDA) had the worst day in the history of the stock market Tuesday, as measured by loss in total market value. To put that shocking decline into context, only 27 companies on the planet are worth as much as Nvidia lost in value Tuesday. That’s why bulls like Wedbush’s Dan Ives believe Nvidia’s stock decline presents a buying opportunity. – CNN’s Ramishah Maruf contributed to this reportCorrection: Correction: An earlier version of this story incorrectly described TSMC's relationship with Nvidia.

Persons: Jensen Huang, ”, Biden, Kamala Harris, Donald Trump, Huang, Blackwell, “, ” Huang, Wedbush’s Dan Ives, ” Ives, –, Ramishah Maruf Organizations: CNN, Nvidia, Meta, McDonald’s, Chevron, Pepsi, BlackRock, Microsoft, Intel, US Justice Department, Bloomberg, Department of Justice, Justice Department, US Department of Justice, titans, Apple, Google, Nasdaq

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