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Scientists with the National Weather Service and the National Hurricane Center began sounding the alarm as early as Sept. 23. In a YouTube video posted that morning, the National Hurricane Center’s deputy director, Jamie Rhome, described a tropical cyclone that would “briskly develop” into a hurricane. Monday night, the National Weather Service posted on X that heavy rain and powerful wind gusts would hit the Southeast later in the week. “It is not common for the National Weather Service to use words like ‘catastrophic’ to describe forecasts,” Buncombe County Manager Avril Pinder said at a news conference Thursday morning. That has made even apolitical groups like the National Oceanic and Atmospheric Administration (NOAA) and the National Weather Service a target of some Republicans.

Persons: Hurricane Helene, Amanda Wright, Wright, ” Wright, “, Jamie Rhome, David Novak, Avril Pinder, grimly, ” Novak, ”, Mae Creadick, Donald Trump, Helene, ” Trump, Kelli Burns, ” Burns, Chris Gloninger, Gloninger, we’re, ” Gloninger, Asheville ”, ” Ophir Organizations: Hurricane, National Weather Service, National Hurricane Center, NWS, Prediction, Social, NBC News, ”, Oceanic, Atmospheric Administration, NOAA, University of South, University of Buffalo Locations: U.S, Knoxville , Tennessee, Asheville , North Carolina, Florida’s Big Bend, Hurricane, North, Buncombe, Taylor County , Florida, Buncombe County, Asheville, Columbia , South Carolina, ” In Tennessee, University of South Florida, North Carolina, Kings Mountain , North Carolina, Ophir

☆ Spacecraft delivery startup founded by former SpaceX rocket guru raises $150 million, led by Founders Fund
▼ + stars: | 2024-10-01 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +5 min

Impulse SpaceLos Angeles-based space startup Impulse, which is led by renowned rocket specialist Tom Mueller, has raised $150 million in a new fundraising round led by venture capital firm Founders Fund. University of IdahoImpulse flew its first mission, called LEO Express-1, with a Mira vehicle carrying and deploying a small satellite. A wide swath of venture investors joined the company's $150 million round including: Airbus Ventures, Alumni Ventures, Balerion Space Ventures, Lux Capital, RTX Ventures, Spring Tide, Tamarack Global, 137 Ventures, DCVC, Elysium, First Principles Group, Island Green, Overmatch and Trousdale Ventures. A Mira vehicle in orbit during the LEO Express-1 mission that launched November 2023, with several pairs of its Saiph thrusters visible. "There's a lot of cost and efficiency to be gained … [with] a reliable solution for any customer who wants to move things around in space," Mueller said.

Persons: Tom Mueller, Elon Musk, Mueller, Helios, Mira, we're, there's, SpaceX Organizations: Fund, Mueller, SpaceX, CNBC, University of Idaho, University of Idaho Impulse, LEO, Impulse, U.S . Space Force, Airbus Ventures, Ventures, Balerion Space Ventures, Lux, RTX Ventures, Trousdale Ventures, GEO, Rocket Lab, NASA Locations: Los Angeles, Beach, Redondo Beach , California

Best Personal Loans for Quick FundingHere are Business Insider's picks for the best personal loans for quick funding:Compare Personal Loan RatesTop Quick Personal Loan LendersLightStream personal loans are a solid choice for both relatively low interest rates and same-day funding. This lender topped our list of the best personal loans, and quick funding is yet another bonus. This lender also made Business Insider's list of best personal loans. Here is each company's score:Lender BBB Grade LightStream Personal Loan A Upstart Personal Loan A+ Avant Personal Loan A+ Best Egg Personal Loan A+ LendingPoint Personal Loan A+ Rocket Loans Personal Loan A+ OppLoans Personal Loan A+All of our top picks for quick personal loans are rated A or higher by the BBB. Find her on Twitter at @lizknueven Read more Read less Ryan Wangman, CEPF Loans Reporter Ryan Wangman was a reporter at Personal Finance Insider reporting on personal loans, student loans, student loan refinancing, debt consolidation, auto loans, RV loans, and boat loans.

Persons: doesn't, LendingPoint, aren't, You'll, Markia Brown, Ryan Wangman, Liz Knueven, Liz, Read, Elias Shaya, Elias Organizations: LightStream, Avant, West Virginia, Better Business Bureau, BBB, Credit, National Credit Union Administration, Chevron, The Savannah College of Art, Twitter, Finance, Northwestern University, Boston Globe Locations: Nevada, West, Iowa , Nevada, West Virginia, Massachusetts, Ohio, New Mexico, Georgia, Chevron, Cincinnati , Ohio, New York City

☆ Man accused of second attempted Trump assassination pleads not guilty
▼ + stars: | 2024-09-30 | by ( Holmes Lybrand | ) edition.cnn.com time to read: +3 min

Ryan Wesley Routh faces five charges including the assassination attempt, gun charges and assaulting an officer. Routh was allegedly spotted by a Secret Service agent who was running surveillance ahead of Trump. Routh allegedly fled the area in a car and was arrested by local police less than an hour later on a nearby highway. One piece of information prosecutors have cited is a letter Routh allegedly left with a witness who came forward after Routh was arrested. “This was an assassination attempt on Donald Trump but I failed you,” Routh allegedly wrote.

Persons: Donald Trump, Ryan Wesley Routh, Routh, Trump, Thomas Matthew Crooks, ” Routh, “, ” Trump, Aileen Cannon, Jack Smith Organizations: Palm Beach , Florida CNN, Secret Service, Trump Locations: Palm Beach , Florida, Florida, Palm Beach, Soviet, Iran, Ukraine, Taiwan

☆ These 3 ugly duckling stocks will become beautiful swans as the Fed cuts rates
▼ + stars: | 2024-09-29 | by ( Jim Cramer | ) www.cnbc.com time to read: +14 min

Some of it had to do with the old joke being that Best Buy was nothing but an Amazon showroom. CEO Corie Barry is a no-nonsense heavyweight who mastered the supply chain for Best Buy during the pandemic. As the JPMorgan recent upgrade on Best Buy said, most investors don't realize how awful this period has been for Best Buy. It doesn't hurt, of course that Best Buy has a substantial dividend — 3.68%, down from 4% and 5% when we were buying it. We have watched Eaton and Dover go higher and that was without the rate cycle, just with the data center.

Persons: Stanley Black, Decker, —, couldn't, Corie Barry, Barry, don't, It's, Stanley, Trump, Helene, Hock Tan, Marc Benioff, Mike Sievert, Blackwell, Jim Cramer's, Jim Cramer, Jim, Melissa Repko Organizations: Empire, Circuit, Intel, HP Inc, HP, JPMorgan, Williams, Dick's Sporting Goods, Abercrombie, Fitch, Depot, Procter, Gamble, Linde, Honeywell, Quantum Computing, Tech, Broadcom, VMWare, Elon, Mobile, Nvidia, Jim Cramer's Charitable, CNBC, Microsoft Locations: Sonoma, Covid, China, Lowe's, Eaton, Dover, San Francisco, Secaucus, N.J

☆ Former FAA contractor indicted over claims that he worked as a secret agent for Iran, DOJ says
▼ + stars: | 2024-09-29 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +3 min

Former FAA contractor Abouzar Rahmati was indicted over claims he was spying for Iran, the DOJ said. AdvertisementA former Federal Aviation Administration (FAA) contractor has been indicted over claims that he used his position to spy for Iran, the Department of Justice said. Before working for the FAA, Rahmati was a First Lieutenant in the Islamic Revolutionary Guard Corps (IRGC) from around June 2009 until roughly May 2010, according to the indictment. Related storiesWhile working for the company, the department said he downloaded "sensitive non-public" documents related to the FAA and took them to Iran in April 2022. AdvertisementThe DOJ and the Islamic Republic of Iran did not immediately respond to requests for comment.

Persons: Abouzar Rahmati, Rahmati, —, Abouzar, Iran —, Robert Wells Organizations: FAA, DOJ, Service, Federal Aviation Administration, Department of Justice, Islamic Revolutionary Guard Corps, NAS, FBI's National Security Branch Locations: Iran, Iranian, Islamic Republic of Iran

☆ This woman has been on 17 cruises in the past year. Here are her 9 tips for first-time, budget, and solo cruisers.
▼ + stars: | 2024-09-29 | by ( Brittany Chang | ) www.businessinsider.com time to read: +10 min

So far, she's been on 17 sailings — 11 with Norwegian Cruise Line and some back-to-back — since she left the US one year ago. If you're a first-time, budget, or solo cruiser, Thomas has nine suggestions for you, from sailing solo to finding the cheapest cruise. Thomas suggests travelers wanting to achieve loyalty status should test two or three companies before settling on a favorite. In 2024, Norwegian Cruise Line introduced solo interior, ocean view, and balcony cabins on top of its existing "studios" designed for single travelers. Norwegian Cruise LineSome cruise companies charge solo travelers a "single supplement" fee to compensate for lost revenue on dual occupancy cabins.

Persons: Shirene Thomas, —, Thomas, Villa Vie's, she's, Brittany Chang, Taylor Rains, she'll, there's, Pieter De Boer, it's, Jason Liberty Organizations: Villa, Service, Cruise Lines International Association, Sea Cruises, Norwegian Cruise Line, Cruise, Cruise Line, Firenze, Business, Facebook, Royal, upcharges, Royal Caribbean, Oasis Class, Seas Locations: Wilmington , North Carolina, Norwegian, CocoCay, —, New Orleans, Barcelona, Florida's Port Canaveral

☆ 1 in 3 Gen Z men turn to social media for health advice: Here's how to spot medical misinformation online
▼ + stars: | 2024-09-28 | by ( Renée Onque | ) www.cnbc.com time to read: 1 min

With access to what seems like a never-ending flow of information online, some Gen Z men are relying on social media for their health advice. One out of 3 Gen Z men in the U.S. are turning to social media for their health information, according to a recent survey from the Cleveland Clinic. "While all generations agree that healthcare providers are a top source for health information and advice, use of other sources varies by age," according to Cleveland Clinic. "Gen Z men are most likely of all generations to turn to social media." Fact-checking health advice online is important, according to experts who spoke to CNBC Make It in April of this year.

Organizations: Cleveland Clinic, CNBC Locations: U.S

☆ I'm a former FBI agent and cybersecurity expert. Here are 5 things everyone should do to outsmart online criminals.
▼ + stars: | 2024-09-28 | by ( Hannah Abraham | ) www.businessinsider.com time to read: +5 min

Former FBI agent Jason Hogg shared five tips to stay safe online. AdvertisementThis as-told-to essay is based on a conversation with Jason Hogg, a former FBI agent and an executive at the private equity firm Great Hill Partners. I can't talk too much about it, but I was a special agent with the FBI. My father was the former CEO of MasterCard and a former FBI agent himself, but he still ended up having a significant amount of money removed from his checking account due to compromised credentials that he did not reset. AdvertisementFor all the positive things that come from social media, it creates a treasure trove of information for bad actors.

Persons: Jason Hogg, Hogg, —, didn't, we've, That's Organizations: FBI, Service, Great Hill Partners, Special, MasterCard Locations: Brooklyn

JERUSALEM — Almost 12 months of unbridled war, death, destruction and suffering in Gaza have proved the deadliest conflict on record for journalists. One year in, NBC News has spoken to 21 media professionals and organizations in the region who described killings, attacks and arrests by Israeli forces. The majority, 111, were Palestinians killed in Gaza, three were Lebanese and two were Israeli journalists killed by Hamas militants on Oct. 7. The majority were killed in Gaza, including Al Jazeera’s Ismail Al-Ghoul and his freelance cameraman Rami Al Refee, both 27. “The thing is no one is safe in Gaza,” she said last month when asked if she thought Israel was deliberately targeting journalists in Gaza.

Persons: JERUSALEM, “, ”, Christina Assi, Dylan Collins, shellfire, Alma Al, Issam Abdallah, Alessandra Galloni, Emilie Madi, Assi, Collins “, ” Assi, Collins, that’s, It’s, Al Jazeera’s Ismail Al, Ghoul, Rami Al Refee, Al, Al Jazeera, ” Al, Jodie Ginsberg, ” Walid, Al Jazeera’s, Israel, ” Wael Al, Hamza, Mustafa Thuraya, Israel’s, ” Al Jazeera, Shlomo Karhi, Noor Harazeen, you’re, Yarden, we’re, David Mencer, Benjamin Netanyahu’s, Harazeen, “ They’re Organizations: NBC, Committee, Protect Journalists, Reuters, ” Reuters, AFP, Getty, Agence France Presse, Amnesty International, Human Rights Watch, Rights Watch, Amnesty, Israel Defense Forces, NBC News, Al, IDF, News, West Bank, China Global Television Network, ” Health, Haaretz, Sky News Locations: Gaza, New York, Israel, Alma, Lebanon, Saaideh, Israeli, Hamas, Al Jazeera, Ramallah, Jordan, East Jerusalem, Egypt, ”, British

☆ The next chapter in record U.S. book bans? ‘Soft censorship’
▼ + stars: | 2024-09-27 | by ( Jillian Eugenios | Jillian Eugenios Is A Senior Producer For Nbc News. | ) www.nbcnews.com time to read: +10 min

In observance of Banned Books Week, which started Sunday and runs through Saturday, two new reports were released. Yasmin said she began writing the book in 2019 after thinking about how abortion bans affect teenagers. “So what we’re seeing is this censorship happening before the book is banned because of the draconian ecosystem that we’re living in,” she said. Dr. Seema Yasmin signing copies of her new book, “Unbecoming,” a young-adult novel published by Simon & Schuster. Its release during Banned Books Week was a coincidence, though Johnson acknowledges the book will likely be banned at some point.

Persons: David Shelley, Margaret Thatcher’s Britain, ”, Shelley, Aidan Chambers ’, ” Shelley, Hachette Shelley, “, you’re, George M, Johnson, ” Dr, Seema Yasmin, Seema Yasmin's, ’, ” Yasmin, Simon, Simon & Schuster, Yasmin, Katie Rinderle, Rinderle, can’t, Toni Morrison, ” Johnson, Leah Johnson, Reece T, Williams Leah Johnson, John Green, Judy Blume’s “, they’re, Leah Johnson’s Organizations: Hachette, U.S, PEN America, American Library Association, PEN, ALA, Alamy, Workman Publishing, American Civil Liberties Union, Simon &, ACLU Teachers, Associated Press, NBC News, Harlem Renaissance, Escambia County School District, Loudmouth Locations: Margaret, London, New York City, U.S, Thatcher’s Britain, Florida and Iowa, Dallas County, Georgia, Texas, Florida, Utah, county’s, PEN America, Oklahoma, Indianapolis, Indiana

☆ Shailene Woodley doesn't know any more about 'Big Little Lies' season 3 than you do
▼ + stars: | 2024-09-27 | by ( Olivia Singh | ) www.businessinsider.com time to read: +3 min

Shailene Woodley reacted to the news about a potential season three of "Big Little Lies." Woodley told Business Insider that she doesn't have much information about it and remains skeptical. Advertisement"Big Little Lies" star Shailene Woodley can't say much about season three of the hit HBO drama series — not because she's being secretive, but because she has limited information. "Big Little Lies," based on Liane Moriarty's novel of the same name, debuted in 2017. Reese Witherspoon, Shailene Woodley, and Laura Dern on season one of "Big Little Lies."

Persons: Shailene Woodley, Woodley, —, Jane Chapman, Liane Moriarty's, Zoë Kravitz, Jean, Marc Vallée, Andrea Arnold, Valée, Kravitz, GQ, it's, Reese Witherspoon, Laura Dern, Nicole Kidman, Witherspoon, Kidman, Liane Organizations: Service, HBO, Hollywood

Though government officials criticized the paper’s reporting, that year it was rated among the city’s most credible news outlets by Hong Kong residents, according to a survey by researchers at the Chinese University of Hong Kong. We are targeting national security offenses,” Steve Li, chief superintendent of the national security police, said at the time. Earlier this month, the Hong Kong Journalists Association, a local press group, said dozens of Hong Kong journalists had been targeted by a “systemic” online and offline harassment and intimidation campaign that was the largest in scale the group had ever seen. There have also been rising reports of non-local journalists being denied work visas or entry to Hong Kong, an international media hub. Hong Kong ranked 135th out of 180 countries and territories in Reporters Without Borders’ 2024 World Press Freedom Index, compared with 70th in 2018.

Persons: Chung Pui, Patrick Lam, Hong, ”, Chung, Lam, Edmond So, Hong Kong’s, Steve Li, “, ” Chung, shirk, Selina Cheng, John Lee, Aleksandra Bielakowska Organizations: European Union, Hong, Stand, China Morning Post, Reuters, Chinese University of Hong, police, Hong Kong Journalists Association, Hong Kong, China’s Foreign Ministry Locations: Hong Kong, U.S, British, Asia, Beijing, Chinese University of Hong Kong, Taiwan

☆ Blackstone reveals how to make money in India and mistakes to avoid
▼ + stars: | 2024-09-26 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +4 min

India's economic growth story is a stunning one — but the question of where investors should park their money is not always straightforward, with one Blackstone executive highlighting a common mistake. However, focusing too much on the macro story can be dangerous for investors, according to Blackstone Private Equity's head of Asia, Amit Dixit. I think you go to India for the macro, everybody knows," Dixit said at the Milken Institute's recent Asia Summit in Singapore. While the list of companies Blackstone invests in India are extensive, he spotlighted the likes of information technology service firm Mphasis , IT service management company R Systems and automotive components manufacturer Sona Comstar . "I think, either end of the spectrum, you can make a lot of money as an investor," he said.

Persons: Blackstone, Blackstone Private Equity's, Amit Dixit, Dixit, Sona Comstar, it's, Manraj Sekhon, Sekhon Organizations: Blackstone Private, Milken, Summit, CNBC, Blackstone, Systems, Templeton Global Investments, Milken Asia Summit Locations: India, Hong Kong, Asia, Singapore

☆ Fall is here, but experts say communities need a heat plan
▼ + stars: | 2024-09-25 | by ( Lolita Lopez | Nbc Los Angeles | ) www.nbcnews.com time to read: +3 min

Heat is the leading cause of climate-related deaths in the country, but knowing how deadly it is? A study from Texas A&M, however, projects the actual number could be four times greater, with approximately 11,000 Americans dying from extreme heat last year. A new pilot program in California is in the works to create a revamped heat warning system. Turner says we can get a better understanding of how extreme heat is affecting us as it’s happening, which could create more immediate heat protocols to protect people at home, at schools and at work. Los Angeles, which has its own Heat Officer, and Los Angeles County are expected to soon release Heat Action Plans.

Persons: ” V, Kelly Turner, Turner, ” Turner, Jennifer Vanos, ” Organizations: Disease, Urban Planning, UCLA, Luskin Center for Innovation, School of Sustainability, Arizona State University, Extreme, Resilience, NOAA Locations: California, Texas, Los Angeles, Los Angeles County, United States

The report also highlights the types of technological issues that are common within massive federal bureaucracies like the Secret Service. Communications were siloed, and the Secret Service "did not ensure it could share information with local law enforcement partners in real time," the report says. The Secret Service released its own internal report last week. Sen. Richard Blumenthal, D-Conn., who chairs the investigations subcommittee, said the Secret Service engaged in an “Abbott and Costello kind of 'Who’s on First?' He argued Tuesday that the Secret Service was "stonewalling" the congressional investigation.

Persons: WASHINGTON, Donald Trump, Trump, Butler, weren’t, ”, Sen, Richard Blumenthal, Conn, Abbott, Costello, Blumenthal, “, Gary Peters, ” Peters, ” Sen, Ron Johnson, Johnson, Trump's Organizations: Republican, Senate Homeland Security Committee, Investigations, Service, Communications, Trump, Secret Service, Secret, Department of Homeland Security, Homeland Security, NBC News, Unmanned Aircraft Locations: Butler , Pennsylvania, Butler

☆ There's a reason Diddy's famous friends have stayed silent amid his arrest. PR experts say it's the best strategy.
▼ + stars: | 2024-09-25 | by ( Callie Ahlgrim | Jacob Shamsian | ) www.businessinsider.com time to read: +11 min

But Diddy's empire began to crumble when Ventura sued Combs last year, accusing him of rape and abuse. Last week, Combs was arrested and indicted on racketeering and sex trafficking charges by federal prosecutors in Manhattan. AdvertisementSean "Diddy" Combs depicted in a courtroom sketch from September 17, 2024. Jane Rosenberg/ReutersAs discussions and theories have swirled around Combs' felony counts, his famous friends, colleagues, and labelmates have also become sources of speculation. However, according to Evan Nierman, CEO of the crisis PR firm Red Banyan , that silence is almost certainly strategic.

Persons: —, Sean, Diddy, Combs, Jennifer Lopez, Cassie Ventura, Jay, Naomi Campbell, Justin Bieber, Mary J, Blige, John Legend, Mark Wahlberg, Prince Harry, Ventura, Jane Rosenberg, There's, Damian Williams, Ricky Vigil, Justin E Palmer, Evan Nierman, Nierman, Sean Combs, they'd, disavow Combs, Chris Brown, Jeff Kravitz, Eric Schiffer, he'd, Schiffer, " Schiffer, Usher, WireImage Usher, Streisand Organizations: Service, Metropolitan Detention Center, Hollywood, Business, Prosecutors, Diddy, Management, Ventura Locations: New York's, Manhattan, Combs, publicists

☆ How Apple and Microsoft’s trusted brands are being used to scam you online
▼ + stars: | 2024-09-25 | by ( Cheryl Winokur Munk | ) www.cnbc.com time to read: +7 min

No, it's not really Apple or Microsoft popping up on your screen to tell you your computer has been infected. "Because, who doesn't know Microsoft or Apple as a brand?" Here's what people should know to protect themselves from scams targeting commonly used, trusted tech brands:Never assume any online ad is authenticPeople can be duped in a number of ways. Sometimes simply opening the attachment could infect a consumer's computer with malware. If, for instance, you called a number for "Microsoft" or "Apple" and gave usernames and passwords, change those.

Persons: it's, It's scammers, Cliff Steinhauer, Nati Tal, Bing, Malwarebytes, Jérôme Segura, Segura, Jim Routh, It's, Routh Organizations: National Cybersecurity Alliance, Microsoft, Apple, Guardio Labs, McAfee, PayPal, Norton

☆ ‘Sharenting’: How parents could be harming their kids on social media
▼ + stars: | 2024-09-25 | by ( Analysis Kara Alaimo | ) edition.cnn.com time to read: +6 min

Follow her on Instagram, Facebook and X.CNN —One of the increased dangers kids could face on social media this week comes from an unexpected source: their parents. On National Daughters Day on Wednesday, many parents will share pictures of their children on their social media feeds. But “sharenting” — when parents share pictures of their kids on social media — comes with potential risks to children. An even scarier prospect is the possibility that photos parents post could attract the attention of criminals. The parents I have spoken to across the country often tell me they are worried about what their children are doing on social media.

Persons: Kara Alaimo, —, Young, “ they’re, ” Leah Plunkett, “, ”, Plunkett, sharent, isn’t, Mark Zuckerberg, It’s Organizations: Fairleigh Dickinson University, Women, Press, Facebook, CNN, School, Harvard Law School, Harvard Law, Meta

☆ An 'AI associate' for PE firms just launched. Here's a look at the pitch deck that helped it raise a $1.5 million seed round.
▼ + stars: | 2024-09-24 | by ( Bianca Chan | ) www.businessinsider.com time to read: +5 min

On Tuesday, Goldman and his cofounder, Shivaal Roy, launched Mako AI after building the startup for about a year. Before cofounding Mako with Goldman, Roy was an early engineering hire at Glean, an AI-enabled enterprise-search startup valued at $2.2 billion. So far, Mako has a handful of clients, including mid-market PE firms and growth-equity firms, including L.A.-based Shamrock Capital and San Francisco firm GroundForce Capital. Advertisement"The most important thing right now is getting this product from a first-year associate to a second-year associate," Goldman said. Here's the pitch deck Mako used to raise its $1.55 million seed round led by Khosla Ventures.

Persons: —, Danny Goldman, Goldman, Shivaal Roy, Mako, hasn't, Blackstone, OpenAI's, Roy, cofounding Mako Organizations: Service, Bain, Co, Business, Khosla Ventures, KKR, Shamrock Capital, GroundForce, Mako Locations: San Francisco

☆ Will Caroline Ellison get jail time for her role in the $11 billion FTX fraud scheme? Here's what the judge must weigh.
▼ + stars: | 2024-09-24 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +9 min

Read previewOn Tuesday, a judge will decide what sentence to give Caroline Ellison, who pleaded guilty to conspiring with Sam Bankman-Fried in an $11 billion fraud scheme. Ellison's sentencing sets up a high-stakes balancing test. She still participated in a massive fraud scheme, after all, the value of which he put at $11 billion. Ellison was the SBF trial's star witnessEllison pleaded guilty to fraud and money laundering for her role in the FTX scandal. Because the Bankman-Fried case went to trial, Kaplan has a lot of information at his disposal when deciding Ellison's sentence.

Persons: —, Caroline Ellison, Sam Bankman, Lewis Kaplan, Bankman, Fried, Ellison, Kaplan, FTX, cooperators, Sarah Krissoff, Cozen O'Connor, Joshua Naftalis, That's, Naftalis, Fried JANE ROSENBERG, John J, Ray III, Ryan Salame, Salame's, Gary Wang, Nishad Singh, Ellison's, Krissoff Organizations: Service, Business, Alameda Research, LLP, Prosecutors, Fried JANE ROSENBERG Prosecutors, Securities Exchange Commission, Commodity Futures Trading Commission, Government, MIT, Bankman Locations: Bankman, Manhattan, Alameda, New York, Brooklyn

☆ A new ETF uses AI to emulate Warren Buffett's investment style
▼ + stars: | 2024-09-22 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Investment startup Intelligent Alpha is working on launching the Intelligent Omaha ETF , with the ticker AIWB, that relies on AI to emulate the Berkshire Hathaway CEO's investment philosophy and create a portfolio of 25-30 stocks that it thinks Buffett might buy. It remains to be seen how deeply AI could understand Buffett's unique investing style that has evolved significantly over seven decades. All about AI Intelligent Alpha has been testing its Buffett strategy for six months and the portfolio AI puts together would overlap Berkshire's by anywhere between 30 to 60%. "The vision for Intelligent Alpha is to build the AI-powered BlackRock," Clinton said. "There are two big pillars, serving retail investors [through Registered Investment Advisors], and then there's serving institutional investors."

Persons: Warren Buffett, Buffett, Claude —, he's, Doug Clinton, Charlie Munger's, Clinton, Stanley Druckenmiller, David Tepper Organizations: Alpha, Berkshire Hathaway, Intelligent Alpha, Apple, Livermore, Nvidia, Advisors Locations: Omaha

☆ Sam Altman's Worldcoin turns your iris into a code for universal basic income. Its privacy chief wants you to chill about your data.
▼ + stars: | 2024-09-22 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +9 min

The technology is similar to Apple's Face ID but mobile platform-agnostic, given that many Worldcoin users have Android devices. So I can take a photo of your face, and, through complicated AI, I could fool Face ID, for example. If it is the first time, the orb takes the iris code and cryptographically processes the iris code. Individually, neither of those new codes looks anything like the iris code, nor can they be brought back to the iris code on their own. To get an iris code, you have to recombine all of those pieces.

Persons: Sam Altman's, Worldcoin, It's, Damien Kieran, Elon Musk, Kieran, they're, it's, Alex, Sam Altman Organizations: Service, Business, Companies, Humanity, Twitter, Google Locations: Germany, France, Kenya

☆ Mark Cuban says that despite their differences, he understands Elon Musk's sense of humor
▼ + stars: | 2024-09-21 | by ( Cheryl Teh | Lloyd Lee | ) www.businessinsider.com time to read: +3 min

Read previewMark Cuban and Elon Musk have often sparred on X, Musk's social media platform. But Cuban says he does get the Tesla and SpaceX chief's sense of humor. Musk, for his part, likes to believe he's often engaging in harmless trolling on his social media platform, once proclaiming himself the Chief Troll Officer. Related storiesThe comment sparked a probe from the Secret Service, according to Bloomberg, which filed a Freedom of Information Act request with the agency for any documents referencing Musk's post. "We can say, however, that the Secret Service investigates all threats related to our protectees."

Persons: —, Cuban, Elon Musk, Brian Tyler Cohen, Taylor Swift, Kamala Harris, that's, Cohen, it's, Musk, Tesla, Donald Trump Organizations: Service, SpaceX, Business, Elon, Securities, Exchange Commission, Bloomberg

A college student allegedly scratched a racial slur onto another student's body at Gettysburg College in Pennsylvania, officials said Thursday. According to the Gettysburgian, the college's student newspaper, at least two members of the swim team have been suspended following the attack. The college added that upperclassmen students from the swim team were the first to report the incident to the school. One student told WGAL that he was "disgusted" by the news of the attack. Instead, I’d strongly urge us to let our well-established student conduct process play out," he added.

Persons: WGAL, Bob Iuliano, Iuliano, Robert Glenny Jr, I’d Organizations: Gettysburg College, NBC News, WGAL, Gettysburg Police, Police Locations: Pennsylvania

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