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☆ Melinda French Gates says CEOs who cut sleep to maximize productivity are 'so dumb': 'Some of us didn't want to be around them'
▼ + stars: | 2024-09-19 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +2 min

Melinda French Gates believes it's "so dumb" to try and maximize productivity by getting only a few hours of sleep. French Gates said, referencing CEOs and tech entrepreneurs who promote, in her eyes, a form of performative sleep deprivation. He's since changed his tune, and now aims for at least six hours of sleep per night, he told CNBC last year. Amazon founder Jeff Bezos and Microsoft co-founder Bill Gates — French Gates' ex-husband — have shared similar stories. Now, he aims for a minimum of seven hours of sleep each night, he said.

Persons: Melinda French Gates, she's, Gates, who've, Indra Nooyi, Donald Trump, Marissa Meyer, Elon Musk, Tesla, I've, Musk, Jeff Bezos, Bill Gates, —, Bezos Organizations: PepsiCo, Former U.S, CNBC, Microsoft Locations: Former

☆ Manchester City vs the Premier League – explaining the 115* charges and how long the case will take
▼ + stars: | 2024-09-16 | by ( Jacob Whitehead | ) www.nytimes.com time to read: +20 min

The hearing which will decide whether Manchester City broke 115* of the Premier League’s financial rules begins today (Monday) in London. It has been a long time coming — over 18 months since the Premier League announced its investigation had escalated into charges in February 2023. This is The Athletic’s guide to the 115* alleged charges (yes, we will explain the asterisk). AdvertisementIf the commission finds on “the balance of probabilities” that this was not the case, City will be found guilty. Should the Premier League rules be shown to be unlawful, their argument that City have broken those rules is significantly weakened.

Persons: ”, Pep Guardiola, Naomi Baker, we’ve, Buckle, Der Spiegel, —, Abu, Roberto Mancini, Yaya Toure, City’s, Sheikh Mansour —, Al, Mancini, Abu Dhabi’s Al, Sheikh Mansour, Toure, Sheikh Mansour’s, City, “, Pep, Justin Setterfield, What’s, “ What’s, Eamonn Dalton Organizations: Manchester City, Premier, Premier League, Champions League, FA, Everton, Nottingham Forest, Forest, City Football Group, League, Der, City, Al, Sheikh Mansour’s Abu Dhabi United Group, The Premier League, UEFA, Sport, Premier League —, Newcastle United, Saudi, Investment Fund, British, The Times, Athletic, League KCs Locations: London, City, Abu Dhabi, Al Jazira, Abu, Abu Dhabi’s Al Jazira, Sheikh Mansour’s Abu Dhabi, European, Der Spiegel

☆ Michaela Mabinty DePrince: Ballerina, 29, who starred in Beyoncé video dies
▼ + stars: | 2024-09-14 | by ( Rosa Rahimi | ) edition.cnn.com time to read: +4 min

CNN —Michaela Mabinty DePrince, the ballerina born during a civil war in Sierra Leone who performed in Beyoncé’s ‘Lemonade’ visual album, has died aged 29, according to an announcement posted to her official Instagram page. DePrince told the WSJ she thought it was a joke when she heard the singer wanted her for the video, who told DePrince in person it was an ‘honor’ to have her star. Ballerina Michaela DePrince teaches a ballet class at One World Observatory in New York City on April 26, 2017. “From the very beginning of our story back in Africa, sleeping on a shared mat in the orphanage, Michaela (Mabinty) and I used to make up our own musical theater plays and act them out. Michaela DePrince in Johannesburg, South Africa on July 9, 2012.

Persons: CNN — Michaela Mabinty DePrince, Mia, DePrince, ’, –, – DePrince, ”, “, Ballerina Michaela DePrince, Jason Kempin, Michaela, Mabinty, “ I’m, Michaela DePrince, Denis Farrell, Misty Copeland, “ Michaela, Ballerina ’, Child Holland, CNN’s Nkepile Mabuse Organizations: CNN, Dance Theatre of Harlem, Dutch National Ballet, Boston Ballet, American Ballet, America Grand Prix Locations: Sierra Leone, Sierra, New York City, New Jersey, United States, Africa, Johannesburg, South Africa, ’

☆ SpaceX Polaris Dawn spacewalk: Why it was a historic milestone
▼ + stars: | 2024-09-14 | by ( Jackie Wattles | ) edition.cnn.com time to read: +6 min

CNN —SpaceX’s Polaris Dawn crew is beginning its fifth day in orbit, having marked a few record-setting milestones on a historic journey — including the world’s first commercial spacewalk. Polaris Dawn crew member and SpaceX engineer Sarah Gillis emerges from the SpaceX Crew Dragon capsule during the first commercial spacewalk on Thursday. The Polaris Dawn mission's Crew Dragon capsule is seen Wednesday 870 miles (1,400 kilometers) above Earth — the farthest humans have traveled since the Apollo program over 50 years ago. The riskiest part of the journey may be over, but the Polaris Dawn crew still has a key milestone ahead: coming home. Polaris Dawn mission commander and Shift4 Payments CEO Jared Isaacman is seen anchored to a ladder dubbed the "skywalker" by SpaceX during his spacewalk.

Persons: CNN —, Elon, Jared Isaacman, Scott “ Kidd ” Poteet, Anna Menon, Sarah Gillis —, Gillis, —, Sarah Gillis, Isaacman, Bill Nelson, “, ” Nelson, Van Allen, mission's, Menon, NASA’s, Isaacman — Organizations: CNN, Polaris, NASA, Hubble, Telescope, Space, SpaceX, Elon Musk’s, Shift4, US Air Force, Polaris Program, International Space, Polaris Dawn Locations: United States, U.S, Florida, West, of Florida

☆ Billionaire undertakes first civilian spacewalk and big moments from the VMAs: Morning Rundown
▼ + stars: | 2024-09-12 | by ( Elizabeth Robinson | Elizabeth Robinson Is A Newsletter Editor For Nbc News | Based In Los Angeles. | ) www.nbcnews.com time to read: +9 min

Some Donald Trump allies expressed concern over his debate performance. And Taylor Swift and Chappell Roan win big at the MTV VMAs. SpaceX / PolarisFour private citizens orbiting Earth in a SpaceX capsule are attempting to make history by completing the world’s first all-civilian spacewalk. During the outing, Isaacman and Gillis are expected to exit the SpaceX Crew Dragon capsule on a tether. Trump’s conspiracy-laced debate performance prompts concernsFormer President Donald Trump declared Tuesday’s debate against Vice President Kamala Harris a win, but not all his allies see it that way.

Persons: Donald Trump, Taylor Swift, Chappell Roan, Francine drenches, Francine, Jared Isaacman, Scott “ Kidd ” Poteet, Sarah Gillis, Anna Menon, Isaacman, Gillis, Kamala Harris, Harris ’, Trump, David Ingram, Matt Dixon, ’, Megan Thee, Britney Spears, hird, ong, Joh, els, ord Organizations: MTV, Angeles National Forest, SpaceX, Polaris, Air Force, Tech, Republican, Senior, Trump, Megan Thee Stallion, Doha Madani Locations: Louisiana, Southern California, Francine drenches Gulf, New Orleans, Alabama, Florida, California, San Bernardino County, Orange County, ord

Her quandary was encapsulated in the debate’s very first question, when Ms. Harris was asked if she thought Americans were better off now than they were four years ago. Polls show that Mr. Trump retains a high floor of Republican support. “This is a game of inches in the swing states,” Gov. “You’ve got to attach yourself to 20, 30, 40,000 voters in these key swing districts, the swing states. I mean, it’s not even about swing states.

Persons: Harris, Mr, Biden, Trump, Gavin Newsom, “ You’ve, Ms Organizations: ” Locations: California, North Carolina, Pennsylvania, Wilkes, Barre, Pa

This tapestry hangs in the Cloisters, the Upper Manhattan branch of the Metropolitan Museum of Art. The Metropolitan Museum of ArtBut what are they? The Metropolitan Museum of Art“The unicorn is more of a symbol of that one person that you look for throughout your life,” she said. “All images, be they medieval tapestries or contemporary paintings or photos in the news, communicate best over duration,” Ms. Perratore said. The Metropolitan Museum of ArtUltimately, this exercise was only sort of about the unicorn or medieval art — or art at all.

Persons: You’ll, Karsten Moran, The New York Times It’s, John D, Rockefeller, Julia Perratore, … Karsten Moran, The New York Times …, Christ, Ms, Perratore, ”, he’s, you’ve, There’s, Virgin Mary Organizations: Metropolitan Museum of Art, The New York Times, Rockefeller Jr, The New York Locations: Upper Manhattan, Paris, Brussels

☆ Digital health company Noom to offer compounded GLP-1 drug through new weight loss program
▼ + stars: | 2024-09-12 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +5 min

Digital health company Noom on Thursday announced it will offer a compounded GLP-1 drug as part of a new weight loss product that starts at $149. Noom has offered weight loss programs for years, and consumers can already try to access those branded medications through its platform. Compounded GLP-1 medications are typically much cheaper than their branded counterparts. Most insurance plans cover GLP-1s when they are used to treat diabetes, but coverage of the weight loss drugs is less widespread. Consumers can get started with the Noom GLP-1 RX program by filling out an intake form on the website.

Persons: Wegovy, Noom, Geoff Cook, Cook, Dr, Adonis Saremi, They'll Organizations: CNBC, U.S . Food, Drug Administration, FDA Locations: U.S, United States

☆ Just the Facts – Energy and the Environment: Steve Ballmer Talks Through the Number
▼ + stars: | 2024-09-12 | by ( Sponsor Post | ) www.businessinsider.com time to read: +11 min

The federal government and many state governments are passing laws and regulations designed to reduce our use of fossil fuels and increase renewable energy production. Now let's talk about energy production. Big picture, America's production of oil, natural gas, and renewables is growing with natural gas growing most of all. In 1950, natural gas was about 18% of total US energy production. As for oil, US domestic crude oil production has more than doubled since 2000.

Persons: Steve Ballmer, That's Organizations: Insider Studios, LA Clippers, US, Buildings, Transportation, Global Locations: United States, America, China, Russia, Ukraine, Venezuela

☆ Seven & i Holdings' shares slide 3% on likely U.S. probe into a potential M&A deal with Couche-Tard
▼ + stars: | 2024-09-11 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +2 min

A 7-Eleven convenience store, operated by Seven & i Holdings Co., in Kawasaki, Japan, on Monday, Aug. 19, 2024. The FTC was concerned that the companies' defense attorneys were advising them to get rid of documents linked to the potential merger ahead of antitrust investigations, Reuters reported. In June, the FTC and the Justice Department launched antitrust investigations into Microsoft, OpenAI and Nvidia. Other recent antitrust investigations include cases against Amazon and Google. Seven & i revealed that Couche-Tard had offered to acquire all outstanding shares of Seven & i for $14.86 per share.

Persons: Canada's Alimentation, Tard, Tokutaka Ito, O Shearman, Ito, — CNBC's Lim Hui Jie Organizations: Seven, Holdings Co, Holdings, U.S . Federal Trade Commission, Reuters, FTC, Justice Department, Microsoft, Nvidia, Amazon, Google, CNBC Locations: Kawasaki, Japan, Asia, .

Nationwide, active listings in August were up 36% compared with the same month last year, according to a new report from Realtor.com. The growth in supply is due to the fact that homes are sitting on the market longer. “The widely anticipated Fed rate cut has already ushered in lower mortgage rates, but it seems that some buyers and sellers are waiting for additional declines.”That can be seen in weekly mortgage data. Regionally, active listings rose 46% in the South, 35.7% in the West, 23.8% in the Midwest and 15.1% in the Northeast. Part of that is due to the mix of homes on the market, as more smaller homes are being listed.

Persons: ”, Danielle Hale, “, Ralph McLaughlin Organizations: Nationwide, Mortgage, Association, Midwest, Realtor.com Locations: Tampa, San Diego, Miami, Seattle, Denver, West

☆ Home listings are up more than 60% in some cities. Here's where
▼ + stars: | 2024-09-06 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +3 min

Nationwide, active listings in August were up 36% compared with the same month last year, according to a new report from Realtor.com. "The widely anticipated Fed rate cut has already ushered in lower mortgage rates, but it seems that some buyers and sellers are waiting for additional declines." Regionally, active listings rose 46% in the South, 35.7% in the West, 23.8% in the Midwest and 15.1% in the Northeast. More supply and longer selling times are finally translating into lower prices. Part of that is due to the mix of homes on the market, as more smaller homes are being listed.

Persons: Patrick T, Fallon, PATRICK T, FALLON, Danielle Hale, Ralph McLaughlin Organizations: National Association of Realtors, Getty, Nationwide, Mortgage, Association, Midwest Locations: Los Angeles , California, United States, AFP, Tampa, San Diego, Miami, Seattle, Denver, West

☆ 7-Eleven's parent company rejects $38.6 billion takeover bid, says offer 'grossly undervalues' company
▼ + stars: | 2024-09-06 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +4 min

Photographer: Soichiro Koriyama/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty ImagesSeven & i Holdings has rejected the takeover offer from Canadian convenience store operator Alimentation Couche-Tard , saying the offer "is not in the best interest" of its shareholders and stakeholders. According to LSEG data, the offer price will value Seven & i at $38.55 billion. In April, Seven & i announced a restructuring plan for the company, aimed at growing 7-Eleven's presence globally as well as divesting its underperforming supermarket business. Herrick explained Artisan asked Seven & i to consider the offer because the fund feels that capital allocation overseas has been overlooked. "You have more than 50,000 stores, or about 50,000 stores that are generating about $100 million or just over $100 million of operating profit for for the company.

Persons: Alimentation, Soichiro Koriyama, Tard, Stephen Dacus, Dacus, Alain Bouchard, Ben Herrick, Herrick Organizations: Seven, Holdings Co, Tard Inc, Bloomberg, Getty Images Bloomberg, Getty, Holdings, Tokyo Stock Exchange, litigating, Artisan Partners, Partners, & $ Locations: Kobe, Japan, U.S, Tokyo, United States

☆ The no-tech Tuesday night challenge was apparently a hit at Google
▼ + stars: | 2024-09-04 | by ( Jaures Yip | ) www.businessinsider.com time to read: +5 min

Martin's personal success with the challenge inspired her to bring the tradition to the Google offices. However, asking tech bros to stay away from their tech — even for just a night — required a strategic introduction. "Pick one night a week is so much less powerful than no-tech Tuesday," she said. At the end of the challenge, Martin said that 97.2% of participants reported feeling that no-tech Tuesday in some way positively impacted their work performance and/or stress level, and 92% said they planned to continue the challenge. Advertisement"Some participants have been doing the challenge for five years and have kept up with every single Tuesday night since I first held it," Martin said.

Persons: —, Laura Mae Martin, JOMO, Martin, I'm Organizations: Service, Business, JOMO Locations: Swiss

☆ NFL Quarterback Tiers 2024: Only 2 join Mahomes in Tier 1; Rodgers, Herbert drop out
▼ + stars: | 2024-08-26 | by ( Mike Sando | ) www.nytimes.com time to read: +54 min

QB Tiers rangesTier Tier 1 Tier 2 Tier 3 Tier 4 Movement Moved down Moved up New to Tiers Not in '23 Tiers Same tier Expand all Collapse all Loading Try changing or resetting your filters to see more. Photo: Ryan Kang / Getty Images Tiers over time Annual votes by tier Tier 1 Same tier 2 Joe Burrow Bengals Cincinnati 2024 Tier Voting Avg. Photo: Kathryn Riiley / Getty Images Tiers over time Annual votes by tier Tier 3 Same tier 18 Deshaun Watson Browns Cleveland 2024 Tier Voting Avg. Photo: Cooper Neill / Getty Images Tiers over time Annual votes by tier Tier 3 Same tier T20 Geno Smith Seahawks Seattle 2024 Tier Voting Avg. Photo: Chris Unger / Zuffa LLC / Getty Images Tiers over time Annual votes by tier Tier 4 Same tier T26 Anthony Richardson Colts Indianapolis 2024 Tier Voting Avg.

Persons: Patrick Mahomes, Lamar Jackson, Jordan Love, San Francisco 49ers ’ Brock Purdy, Houston Texans ’ C.J, Stroud, Mahomes, —, Toney, “, Tom Brady, ”, He’s, Brady, Ryan Kang, Joe Burrow, Burrow, Kirk Cousins, he’s, Cooper Neill, Josh Allen, Allen, Joe, Sam Howell —, Trevor Lawrence, Kathryn Riiley, Lamar, Jackson, Todd, Monken, Patrick Smith, Matthew Stafford, Stafford, recommitment, “ He’s, Matt Stafford, Sean, Rey Del, Justin Herbert, Herbert, “ Herbert, Aaron Rodgers, Jim Harbaugh, “ Harbaugh, I’ve, Rodgers, Achilles, it’ll, Tom Brady’s, Bobby Slowik, ’, Tim Warner, Prescott, Drew Brees, Ben Roethlisberger’s, Dan Marino, Peyton Manning, “ Dak, Jared Goff, It’s, Goff, “ They’ve, they’ve, Tua Tagovailoa, “ Goff, I’m, Junfu, Shane Steichen, Tua, Kellen Moore, Jason Kelce, Brock Purdy, Purdy, Colin Kaepernick, “ Purdy, it’s, “ I’m, Kurt Warner, ” Warner, Brock, Kyle Shanahan, Shanahan, Cousins, Kirk, ” Cousins, Michael Penix Jr, Michael Penix, Kevin C, Cox, ” Love, Squeaking, Mike McDaniel, Kyle Shanahan’s, ” Purdy, Tagovailoa, “ Tua, Lawrence, ” Lawrence, Lawrence —, I’d, Perry Knotts, Kyler, Murray, ‘ Kyler Murray, ” Murray, Marvin Harrison Jr, Deshaun Watson, Watson, Ken Dorsey, ” Watson, Nick Cammett, “ Baker, Baker, Mayfield, Mike Evans, moxie, Nic Antaya, Derek Carr Saints, Carr, Jon, Gruden, “ Gruden, Derek Carr, Smith, Russell Wilson, “ Trevor Lawrence, Justin Fields, Geno Smith, Wilson, Pete Carroll, Sean Payton, Mike Tomlin, Tomlin, “ Tomlin, Payton, Russ, Let’s, Joe Sargent, Daniel Jones, Jones, “ I’ve, Drew Lock, Daniel Jones ’, Malik Nabers, DK Metcalf, Jacoby Brissett, Peter Joneleit, Justin, you’ve, Justin K, Seattle’s Smith, “ Nobody, “ Gardner Minshew, Minshew, Aidan O’Connell, Chris Unger, Anthony Richardson, Richardson, marveled, Cam Newton, ’ ”, “ Shane Steichen, “ Richardson, Shane, Todd Rosenberg, ” Levis, “ I’ll, Carson Wentz, Mac Jones, Frank Reich, Dave Canales, Bryce Young, David Jensen, Sam Darnold, Darnold, J.J, McCarthy, Kevin, I’ll, ” Darnold, Stephen Maturen, Brissett, Kevin Stefanski, “ Jacoby, Alex Van Pelt, Drake Maye, Jaiden, David DeChant, Marc Mazzoni, Dan Goldfarb, John Bradford, Skye Gould, Ray Orr, Amy Cavenaile Organizations: NFL, Baltimore Ravens, Green Bay Packers, San Francisco 49ers, Houston Texans ’, Patrick Mahomes Chiefs Kansas, 0pts, Voters, Philly, Super, Chiefs, EPA, Joe Burrow Bengals, Burrow, ”, Josh Allen Bills Buffalo, Lamar Jackson Ravens, Ravens, Kansas City, Matthew Stafford Rams, Stafford, Rams, Rey Del Rio, Justin Herbert Chargers, Chargers, Aaron Rodgers Jets, Rodgers, Jets, . Stroud Texans, Stroud, Baltimore, Texans, Dak Prescott Cowboys, Niners, Packers, Cowboys ’, Prescott, “, Jared Goff Lions, Eagles, Alabama, College Football, Brock, Brock Purdy 49ers San Francisco, 1.2pts, 49ers, Detroit, Purdy, Kirk Cousins Falcons, Falcons, Atlanta, Jordan Love Packers, Dallas, Green Bay, Cowboys, Tua Tagovailoa Dolphins, Miami, AFC East, Trevor Lawrence Jaguars Jacksonville, Jaguars, Kyler Murray Cardinals, Cardinals, Murray, Deshaun Watson Browns, Browns, Cleveland, Baker Mayfield Buccaneers Tampa, ” Voters, Derek Carr Saints New, Mayfield, NFC, Saints, Buccaneers, Geno Smith Seahawks Seattle, Seattle, Russell Wilson Steelers Pittsburgh, of Fame, Steelers, Daniel Jones Giants New, Giants, Justin Fields Steelers, Bears, Gardner Minshew Raiders, Indy, Colts, Minshew, Raiders, Anthony Richardson Colts, Health, Levis Titans, Titans, Levis, Bryce Young Panthers Carolina, Panthers, Jacoby Brissett Patriots, Patriots, Getty Images, USA Locations: San Francisco, Baltimore, Mahomes, Burrow, Matthew Stafford Rams Los, Tier, Justin Herbert Chargers Los, Green Bay, Stroud, “, what’s, USA, Oklahoma, Cleveland, Atlanta, Jackson, Lawrence, Kyler Murray Cardinals Arizona, Arizona, Houston, Derek Carr Saints New Orleans, Seattle, Pittsburgh, Wilson, Denver, Cam, Levis, Carolina, Sam Darnold Vikings, New York, Minnesota, New England

TERMINI IMERSE, Italy — Prosecutors said there "could be a question of manslaughter" as they opened an investigation into the deaths of seven people after a superyacht sank while anchored off the Sicilian coast Monday. Speaking at a press conference, prosecutor Ambrogio Cartosio said the investigation is not currently directed at any individuals, and is looking into “the crime of culpable shipwreck and multiple manslaughter." New Zealander James Cutfield has already been questioned for more than two hours, and prosecutors said he had been "extremely cooperative." Bad weather was forecast ahead of the sinking, and questions about the weather were also raised by journalists. The body of Recaldo Thomas, a Canadian Antiguan national who was the ship’s cook, was recovered shortly after the accident.

Persons: Italy —, Ambrogio Cartosio, Cartosio, Divers, ”, Prosecutors, New Zealander James Cutfield, Mike Lynch —, Bill Gates ” —, Hannah, Jonathan Bloomer, Morgan Stanley, Judy, Christopher Morvillo, Neda, Recaldo Thomas Organizations: Italy — Prosecutors, New Zealander, Sky News, Morgan, Morgan Stanley International, Prosecutors Locations: Italy, New York City, Canadian

Happy Money Personal Loan OverviewFeaturesA Happy Money personal loan is a good option for those with good credit scores who are eligible for the lender's lowest APR. Happy Money Personal Loan Rates and TermsInterest RatesWhen borrowing with Happy Money, expect interest rates ranging between 11.72% APR and 17.99% APR. Happy Money vs. Reach FinancialBoth Reach Financial Personal Loan and Happy Money are for borrowers who are looking to consolidate their debt. Happy Money Customer Reviews and TestimonialsWhile Happy Money is an accredited business with the Better Business Bureau (BBB), is only has 1.6 out of 5 stars, based on customer reviews. Happy Money Personal Loan FAQsWhat is the minimum credit score required for a Happy Money personal loan?

Persons: you'll, Ryan Wangman, Read, Elias Shaya, Elias Organizations: Happy, Social Security, Social, Better Business Bureau, Chevron, Finance, Northwestern University, Boston Globe Locations: Maine , Massachusetts , Nebraska, Nevada, New York City

☆ So you think you got a 'shut-up ring'
▼ + stars: | 2024-08-14 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +8 min

AdvertisementWhen she did get to see her partner, Millington didn't feel the connection she hoped she would. AdvertisementThe 'shut-up ring'Shortly after they got married, Millington said she realized that her then-husband had not wanted to. AdvertisementTikTokers even coined a phrase for situations like Millington's: a shut-up ring. AdvertisementIf you think marriage can solve your problems with your partner, Millington said to remember that a real marriage isn't like the happily ever afters you see in movies. "If you don't have this strong ironclad foundational marriage, you're not going to be able to survive the tough things."

Persons: —, Monica Millington, Millington, Millington didn't, you'll, Landis Bejar, AisleTalk, Bejar, Maria Korneeva, They're, We've Organizations: Service, Business, Getty, Work Locations: Millington

☆ Murdoch family battle highlights Nevada's secret trust boom
▼ + stars: | 2024-08-13 | by ( Robert Frank | ) www.nbcnews.com time to read: +6 min

The Murdoch family feud taking place in an obscure Nevada court highlights the state’s surging popularity as a global center of family trusts and a friendly home to the world’s biggest fortunes. The Western state’s fast-growing industry of trust and estate attorneys, trust companies and facilitators keeps a deliberately low profile. At the center of the Murdoch case is the Murdoch Family Trust, which holds the powerful voting shares in News Corp. and Fox Corp. that effectively control the companies. (The trust also contains the family farm in Australia, the Murdoch art collection and its Disney shares.) “Normally a family would have some ties in Nevada to establish trust, either living here or having real estate,” Tyrell said.

Persons: Murdoch, ”, Steven Oshins, ” Oshins, Thomas Piketty, Emmanuel Saez, Gabriel Zucman, Rupert Murdoch, Lachlan, James, Elisabeth, Prudence, it’s, Rupert, Elyse Tyrell, Tyrell Law PLLC, Rupert Murdoch —, It’s, ” Tyrell, “ Organizations: IRS, Division, Trust, News Corp, Fox Corp, Disney, The New York Times, Street Journal, Fox, Henderson , Nevada . Trust Locations: Nevada, “ Nevada, South Dakota, Tennessee , Delaware, U.S, Australia, Henderson , Nevada

☆ Murdoch family battle highlights Nevada’s secret trust boom
▼ + stars: | 2024-08-13 | by ( Robert Frank | ) www.cnbc.com time to read: +4 min

The Murdoch family feud taking place in an obscure Nevada court highlights the state's surging popularity as a global center of family trusts and a friendly home to the world's biggest fortunes. The Western state's fast-growing industry of trust and estate attorneys, trust companies and facilitators keeps a deliberately low profile. Yet experts estimate the state likely has hundreds of billions of dollars in trust assets locked away in nondescript office buildings or trust companies, offering little to no visibility to the outside world. In the race among states to attract the hundreds of billions of dollar in new trust assets, Nevada has a comfortable lead. Perhaps its most powerful advantage, and the one with direct bearing on the Murdoch case, is trust flexibility.

Persons: Rupert Murdoch, Lachlan Murdoch, Drew Angerer, Robert Frank, Murdoch, Steven Oshins, Oshins, Thomas Piketty, Emmanuel Saez, Gabriel Zucman Organizations: News Corp, Fox News, Century Fox, Allen & Company Sun Valley Conference, Getty, IRS, Division Locations: Sun Valley , Idaho, Nevada, South Dakota, Tennessee , Delaware, U.S

☆ Stocks making the biggest moves midday: JetBlue, Hawaiian Electric, KeyCorp, Monday.com and more
▼ + stars: | 2024-08-12 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Check out the companies making headlines in midday trading: JetBlue — Shares sank 13% after the airline said it plans to sell $400 million of five-year convertible senior notes. Hawaiian Electric also reported a consolidated net loss of $1.3 billion, or $11.74 per share, in the second quarter, including charges for goodwill impairment. KeyCorp — The Cleveland-based regional bank surged 13% after The Bank of Nova Scotia agreed to take a minority position, making KeyCorp the top performer in the S & P 500 on Monday. Monday.com — Shares surged about 12%, hitting a new 52-week high, after the Israel-based software company posted better-than-expected second-quarter results. Par Technology — The restaurant technology stock added 1.8% following a Jefferies upgrade to buy from hold.

Persons: —, KeyCorp, Monday.com, FactSet, Jeff Smith, Wolfe, Piper Sandler, Robinhood, Alex Harring, Samantha Subin, Yun Li, Jesse Pound, Michelle Fox Organizations: JetBlue —, Hawaiian Electric Industries, Maui, Electric, Bank of Nova, Scotiabank, Street Journal, Starbucks, Qualcomm, Wolfe Research, Apple, Technology —, Jefferies Locations: — The Cleveland, Bank of Nova Scotia, Israel, Par

☆ Netball: This women’s sport has fought for over 50 years to be in the Olympics. Could Brisbane 2032 change its fortunes?
▼ + stars: | 2024-08-11 | by ( Emily Blumenthal | ) edition.cnn.com time to read: +15 min

Australia was crowned champion during the Netball World Cup Medal Presentation on August 6, 2023 in Cape Town, South Africa. “I think the leadership within netball, from World Netball, really needs to take a vigilant stance on it. For people in the netball world, she said, “That is your bread and butter: doing netball. More than 20 million people play netball in 76 member nations across five continents, according to World Netball. There are some voices in netball that don’t believe the drive to become an Olympic sport is a priority.

Persons: Serena Guthrie, Khadijah Williams, Hannah Peters, ”, “, That’s, Ashley Vlotman, Jenny van Dyk, Spar, Riana Bezuidenhout, They’ve, ” Bezuidenhout, Fiona McLachlan, ” McLachlan, ” van Dyk, Cara Koenen of, Guthrie, it’s, ” Guthrie, we’ve, Ryan Allan, Allan, Lewis Keeling, ” Dylan McPherson, Fiona Goodall, that’s, ” Allan said, Keeling, ” Keeling, Bailey Mes, Geva, Matt King, doesn’t, “ I’ve, ” Allan Organizations: CNN, Commonwealth Games, Netball, IOC, International Federation, Commonwealth, Games, team, University of Pretoria, World Netball, City, Paralympic Games, Netball Australia, Brisbane, Manor School, Wembley, Fox, Victoria University, “, England, Paris, Equality, Paris Games, Olympic, Netball Association, New Zealand Men's, Getty, Knights Netball, Allphones Arena, doesn’t Locations: Australia, Brisbane, United Kingdom, England, Jamaica, SECC, Glasgow, Bath, Los, Cape Town , South Africa, Spar Proteas, South, Cara Koenen of Australia, South Africa, New, Auckland , New Zealand, New Zealand, Sydney

☆ Trump promotes false Harris AI crowd size conspiracy
▼ + stars: | 2024-08-11 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

U.S. Vice President and Democratic Presidential candidate Kamala Harris speaks to supporters during a campaign rally in Romulus, Michigan, U.S., August 7, 2024. Former President Donald Trump on Sunday falsely accused his November election opponent, Vice President Kamala Harris, of using AI technology to fabricate images of the crowd sizes at her rallies, amplifying an unfounded conspiracy to explain the strong enthusiasm for the new Democratic ticket. The Harris campaign rejected the accusation, maintaining that the image is "an actual photo of a 15,000-person crowd for Harris-Walz in Michigan." But Trump's peddling of the conspiracy was among several social media tirades against Harris over this weekend. Last week, the Harris campaign organized a barnstorming of seven battleground states across the country, though several of those stops were postponed due to inclement weather.

Persons: Kamala Harris, Donald Trump, Kamala, Trump, Harris, MAGA, Walz, ″, Joe Biden, Biden Organizations: Democratic, Republican, Air Force, MAGA Republican, Las Vegas, Democratic National Convention Locations: Romulus , Michigan, U.S, Michigan, Las

☆ After a busy week of stock trades, we're looking ahead to some key inflation data
▼ + stars: | 2024-08-11 | by ( Morgan Chittum | ) www.cnbc.com time to read: +5 min

Looking back, quarterly earnings also played a key role in big stock moves for the portfolio. Looking ahead, we'll see an update on some key inflation data, plus a closer look at the state of the housing and retail sectors. ET: Producer Price Index Earnings: Home Depot (HD), Pandora (PANDY), Nu Holdings (NU), Sea Limited (SE) Wednesday, August 14 8:30 a.m. ET: Consumer Price Index Earnings: Tencent Holdings (TCEHY), Cisco (CSCO), UBS (UBS), JD.com (JD) Thursday, August 15 8:30 a.m. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Eli Lilly, Walt, Jim Cramer, we've, JD.com, Jim Cramer's, Jim, Spencer Platt Organizations: Dow Jones, Dow, Nasdaq, Walt Disney, Microsoft, Ford Motor, Wynn Resorts, DuPont, Devices, Procter, Gamble, Club, Abbott Laboratories, Federal, Traders, Sun Life, Nu Holdings, Sea, Tencent Holdings, Cisco, UBS, Philadelphia Fed, Walmart, Materials, Deere & Co, Ross Stores, Lenovo, Housing, Jim Cramer's Charitable, CNBC, New York Stock Exchange, Getty Locations: U.S, Dover, Wells Fargo, Nextracker, Eaton

Here’s a look at what voters had to say as part of four different groups: Trump loyalists, center-right voters conflicted about Trump, young progressives and traditional Democrats. But a group of these women did admit that the decision by Democrats to swap out Biden for Harris does concern them. “My concern about Trump is him making too aggressive of choices and us not being able to recover from it. But that does make me nervous because, did we vet everything that’s going to happen?” said Alyssa, a 29-year old woman who is still undecided on how she’s voting this fall. That’s powerful.”Traditional Democrats think Biden had to goThat support for Biden hanging up his political spikes extended to the group of traditional Democrats too.

Persons: Donald Trump, Kamala Harris, That’s, Elise Jordan, Trump, Harris, — they’re, Joe Biden’s, Tara, Biden, “, ” Kelly, we’ve, ”, Amy, —, ” Mary, “ Trump, Kelly, they’ve, they’re, Alyssa, it’s, Dawn, she’s, Karen, ” Karen, he’s, Kamala, ” Young, Nicholas, I’ve, Joe, “ It’s, we’re, ” Myra, Brett, “ I’m, Richard, Jolenta, wasn’t, ” Richard Organizations: Wisconsin, MSNBC, Trump loyalists, Trump, Kia, Biden Young, Democrats, Hamas, Biden Locations: Wisconsin

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