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There were also the white women, in a Zoom-busting paroxysm of solidarity and angst. The speakers included two white dudes on the shortlist to be Ms. Harris’s running mate — Gov. Image The actor Joseph Gordon-Levitt joined the “White Dudes for Harris” call. (The “White Dudes for Harris” call, at the end of its three-hour 20-minute run, had brought in more than $4 million.) He had seen a link for the “White Dudes for Harris” trucker hat and wanted one.

Persons: Kamala Harris, Harris, ”, ” marveled Bradley Whitford, Harris’s, “, Donald J, Trump, — Gov, Tim Walz, Pete Buttigieg —, Josh Groban, Lance Bass, Mark Hamill, Roy Cooper of, JB Pritzker, JD Vance, Biden, Barack Obama’s, Cena, Joseph Gordon, Levitt, Ross Morales Rocketto, ” Mr, Morales Rocketto, aren’t MAGA, Biden’s, Kamala, Harris ”, Connie Britton, Karens, Glennon Doyle, Ms, Doyle, Shannon Watts, ” Donald Trump Jr, Morales Rocketto sighed, Jeff Bridges, Buttigieg, Adam B, Schiff, California Organizations: South Asian, Wing, Democratic, Gov, Illinois, Democratic Party, YouTube, aren’t MAGA Republicans, Republican Party, Senate Locations: Minnesota, Roy Cooper of North Carolina, “

☆ ‘White Dudes for Harris’: Jeff Bridges makes surprise appearance
▼ + stars: | 2024-07-30 | by ( Daniel Lewis | ) edition.cnn.com time to read: 1 min

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☆ Why Is It So Hard for Olympic Host Cities to Control Costs?
▼ + stars: | 2024-07-27 | by ( Vivienne Walt | Sarah Kessler | ) www.nytimes.com time to read: +1 min

Like every city that hosts the Olympics, Paris designed its opening ceremony to make a splash, with ethereal dance performances, athletes floating down the Seine and a blowout performance by Celine Dion. A big display is table stakes, and hundreds of thousands of people jammed the city’s bridges and riverbanks for hours to cheer the flotilla. The tab for the Games in Paris, the first city to fully test cost-cutting reforms that the International Olympic Committee introduced in 2019, is at least $8.87 billion. Figuring out how to keep host city expenses on budget is vital for the Olympics, which have struggled to find host cities in places where citizens have a say in the decision. voted on Wednesday to give the 2030 Winter Games to the French Alps and the 2034 Winter Games to Salt Lake City, both cities were the only candidates.

Persons: Celine Dion Organizations: Games, International Olympic, London, Tokyo, Rio, Oxford’s Said Business, Olympics Locations: Paris, Rio de Janeiro, Salt Lake City

Since Harris kicked off her presidential campaign, there’s been a string of good news for the US economy. Harris will have Biden’s mostly strong economy to run on. By June 2021, Biden’s sixth month in office, the nation’s inflation rate jumped to more than 5%. After the Federal Reserve hiked interest rate hikes to a 23-year high to stamp out inflation, the economy — eventually — started to run at a slower pace. The Biden administration canceled $168 billion in student loan debt for 4.8 million Americans.

Persons: Joe Biden, Biden, Kamala Harris, Harris, there’s, Biden’s, —, hasn’t, Evan Vucci, Eros Hoagland, Getty, Lina Khan, Jonathan Kanter, Stocks Organizations: CNN, White House, House, Federal, Trump, Biden, Federal Reserve, Gross, Commerce Department, of Labor Statistics, Infrastructure Investment, Jobs, AFL, National Labor Relations Board, United Auto Workers, Union, AP Relief, American, ARPA, Medicare, University of North, Hill, Apple, Google, Federal Trade Commission, Department, FTC, Activision, Big Tech, Justice Department, Fed Locations: Ukraine, Van Buren Township , Michigan, University of North Carolina, America, Valley, Silicon Valley

French authorities patrol on a boat on the Seine river, ahead of the Olympic Games in Paris, on July 24. No planes will be allowed to fly over Paris, unless they are part of the ceremony. “There cannot be any party if there’s no security, and we want the celebration to be fantastic,” Paris 2024 CEO Étienne Thobois said. The Games also come amid the backdrop of geopolitical tensions around the world with wars ongoing in Gaza and Ukraine, among others. “The Games are not immune to what is happening on the geopolitical scene,” said Thobois.

Persons: Miguel Medina, Étienne Thobois, “, ” Organizations: Olympic Games, Getty Locations: Paris, AFP, Gaza, Ukraine

☆ These 10 U.S. states are America's best-prepared for climate change and extreme weather
▼ + stars: | 2024-07-26 | by ( Scott Cohn | ) www.cnbc.com time to read: +12 min

Some states are particularly vulnerable to climate risks, but these ten states are most ready for what Mother Nature has in store. 2024 Infrastructure Score: 276 out of 425 points (Top States Grade: A+) Climate Extremes Index: 14.9% Properties at risk: 96% Renewable energy: 24% 8. 2024 Infrastructure Score: 189 out of 425 points (Top States Grade: C-) Climate Extremes Index: 22.12% Properties at risk: 34% Renewable Energy: 77% 2. While a large percentage of Idaho properties are susceptible to climate risk, the danger of flooding is relatively minimal. 2024 Infrastructure Score: 195 out of 425 points (Top States Grade: C) Climate Extremes Index: 16.54% Properties at Risk: 90% Renewable Energy: 78% 1.

Persons: Jeremy Porter, Pete Buttigieg, Maria Lehman, Nature, Marli Miller, Justin Sullivan, Wolfgang Kaehler, Matt McClain, Randy Olson, Forester John Erixson, Kirby Lee, Jared Polis, Mario Tama, Rushmore, Idaho Neil Lincoln, Brownlee, Robert Gauthier, William, Marcia Lee, David Becker Organizations: First Street Foundation, Infrastructure Law, Transportation, CNBC, American Society of Civil Engineers, First, Atmospheric Administration, U.S . Department of Energy, Oregon Solar, UCG, Getty, Oregon Department of Energy, Washington, Cedar, Bio Energy Washington, Lightrocket, Washington Department of Commerce, Clean Energy Fund, New, Washington Post, Energy, Nebraska, Nebraska Forest, Colorado, University of Colorado, California, Energy Department, Dakota, Idaho Power, Los Angeles Times, Idaho Locations: Louisiana, States, Oregon, Valley , Oregon, Arizona, Phoenix , Arizona, Maricopa County, Phoenix, King, King County , Washington, United States, New Mexico, Mora , NM, Nebraska, Loup, Taylor , Nebraska, Boulder , Colorado, Palm Springs , California, California, Texas, South Dakota, Cavan, Iowa, Idaho, Nevada, Las Vegas

☆ How underwater welders risk death to keep bridges and piers standing
▼ + stars: | 2024-07-25 | by ( Olivia Nemec | Tyler Merkel | ) www.businessinsider.com time to read: 1 min

Underwater welders have one of the world's riskiest jobs. We followed welders in Indonesia who dive with minimal protection in polluted waters to build piers for petrochemical plants that are booming across the country. This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account?

Organizations: Business Locations: Indonesia

☆ On Eve of Olympics, a Curious Mix of Security and Silence
▼ + stars: | 2024-07-25 | by ( Catherine Porter | ) www.nytimes.com time to read: 1 min

Helicopters whirling overhead. And an army brigade, marching by in formation, machine guns hoisted to their chests. This is what it has been like getting to the front door of my apartment building for the past few evenings. It’s a weird moment in Paris, on the eve of the Olympic Games and its unusual opening ceremony. The Seine’s banks and bridges, normally teeming with humanity, are suddenly empty.

Organizations: Police, Olympic Games Locations: Paris

☆ 3 reasons to invest in America's crumbling infrastructure instead of flashy AI winners, and the 2 cheapest sectors right now: BofA
▼ + stars: | 2024-07-25 | by ( Christine Ji | ) www.businessinsider.com time to read: +6 min

Traditional infrastructure might not seem as sexy as the newer AI data centers, but Bank of America believes traditional infrastructure has stronger growth prospects than AI infrastructure. The heavy focus on technology and AI has resulted in investors overlooking traditional infrastructure investment. Invest in industrials and materialsIn particular, Bank of America identified the industrials and materials sectors as the best investment opportunity within traditional infrastructure. The industrials sector trades at a relative forward PE of 0.98, and materials trades at 0.92. AdvertisementSome specific industries within those sectors are especially undervalued, such as construction materials and metals & mining.

Persons: —, there's, Savita Subramanian, it's, Reshoring Organizations: Service, Big Tech, American Society of Civil Engineers, Business, Bank of, Bank of America Government, Bank of America, Bank, Invest, Industrial Locations: North America, industrials

☆ Ryan Reynolds' personal trainer shares how the 47-year-old actor got in shape for 'Deadpool & Wolverine' while keeping longevity in mind
▼ + stars: | 2024-07-25 | by ( Rachel Hosie | ) www.businessinsider.com time to read: +6 min

Read previewRyan Reynolds is back as Deadpool, this time alongside joke frenemy Hugh Jackman, for "Deadpool & Wolverine." To prepare for the action-packed movie, Reynolds worked with Don Saladino, his personal trainer of 15 years. Related storiesThursday and Friday featured similar exercises to Monday and Tuesday, but different sets and reps. "If you were to line up all the meals that he had during the day, I wanted them to look different, to have different textures. Reynolds focuses on longevitySaladino has always focused on resilience and longevity, and Reynolds has embraced that more over time, the trainer said.

Persons: —, Ryan Reynolds, Hugh Jackman, Reynolds, Don Saladino, Saladino, we've, Blake Lively, Emily Blunt, Jackman, It's, Don Saladino Reynolds, he's, you'd Organizations: Service, Business, Hollywood Locations: Romanian

☆ Dancers Drop Threat to Strike During Paris Olympics Opening Ceremony
▼ + stars: | 2024-07-24 | by ( Aurelien Breeden | More About Aurelien Breeden | ) www.nytimes.com time to read: 1 min

Dancers in France called off a threat to strike during the opening ceremony of the Olympic Games in Paris after event organizers met some of their demands, labor unions said on Wednesday. Thousands of dancers, musicians and other performers are expected to line the bridges and banks of the Seine River on Friday for the ceremony, which for the first time ever is being held outside rather than in an enclosed sports stadium. Some dancers, angered by disparities in pay, had threatened a walkout, which would have partly disrupted a widely anticipated and high-risk event that will be watched by millions across the world. About 200 dancers even briefly interrupted a rehearsal on the banks of the Seine in protest earlier this week, standing motionless with their fists raised in the air for the duration of their eight-minute routine.

Organizations: Olympic Games Locations: France, Paris, Seine

Some leading business executives say they don’t know quite what to think of Vice President Kamala Harris. She has been meeting with groups of corporate executives roughly every two months at her residence in Washington, according to two executives who have met with her. When a state dinner was held for President William Ruto of Kenya in May, Ms. Harris spoke with businesspeople about economic topics including access to labor and worker training, one attendee said. And a month earlier, she attended an event at the Colette Club on Fifth Avenue in Midtown Manhattan arranged by Charles Phillips, a business executive and a longtime backer. Before about 30 Black business leaders — a group with which she has tried to build particularly strong relationships — Ms. Harris spoke for roughly 40 minutes, without notes or a teleprompter, on economic topics including job creation, inflation and global trade, and then took questions.

Persons: Kamala Harris, William Ruto of, Harris, Charles Phillips, —, “, Mr, Phillips, ” Organizations: Democratic, Club Locations: Washington, William Ruto of Kenya, Midtown Manhattan

Amazon Prime Credit Card OverviewFormerly known as the Amazon Prime Rewards Visa Signature Card, the newly renamed Prime Visa is a great choice for anyone who spends a lot on Amazon, Whole Foods, or both. Prime Visa Annual Fee and APRAnnual FeeThe Prime Visa doesn't have an annual fee. Prime Visa Card ComparisonThe Prime Visa is a great card if you make most of your household purchases from Amazon and/or Whole Foods. Amazon Prime Credit Card Frequently Asked QuestionsWhat are the main benefits of the Amazon Prime Rewards Visa Card? Do I need an Amazon Prime membership to apply for the Amazon Prime Visa?

Persons: Cardholders, Chase, —, you'll, Wells, it's Organizations: Business, Amazon, Foods, Chase Travel, Visa, Amazon.com, FDIC, Amazon Prime, Read, Emergency, Chase, Chase Travel ℠, Wells, American, American Express, Global, Amex Locations: U.S, Wells

It's not often an airline credit card makes waves with a strong welcome bonus and completely unique benefits, but the Aeroplan® Credit Card has managed to do just that. Aeroplan Credit Card OverviewThe Aeroplan® Credit Card has a welcome bonus offer of 70,000 points after you spend $3,000 on purchases in the first three months from account opening. Aeroplan Credit Card RewardsAeroplan Card welcome bonus offerThe Aeroplan® Credit Card is offering 70,000 points after you spend $3,000 on purchases in the first three months from account opening. Aeroplan Credit Card Annual Fee and Other CostsThe Aeroplan® Credit Card charges a $95 annual fee, but you won't pay foreign transaction fees, which makes it a good card to use when you're traveling internationally. Methodology: How we reviewed the Aeroplan cardBusiness Insider's credit cards team reviewed the Aeroplan® Credit Card in comparison to other top airline credit cards available right now.

Persons: It's, Chase, —, cardholders, Cardholders, there's, you've, Aeroplan Organizations: Business Insider, Citi, Mastercard, Air Canada, Air, Star Alliance, Chase, FDIC, TSA, Citi ®, Canada, American Express, Business, Cardholders, Target, Walmart, Air Canada Aeroplan, United, ANA, Etihad, Gulf Air, US, Cruises, Discount, Air Canada Express, Air Canada Rouge, Chase TravelSM, TD Bank, CIBC Locations: Air Canada, cardholder, rideshares, GOL, North America, Mexico, Central America, Caribbean, Europe, Coast, Hawaii, Asia, Canada, Amex

Wells Fargo Autograph Card OverviewThe Wells Fargo Autograph℠ Card offers various benefits including cellphone protection and car rental insurance. How the Wells Fargo Autograph Card ComparesWells Fargo Autograph℠ Card vs. Wells Fargo Active Cash® CardThe Wells Fargo Active Cash® Card is another very popular Wells Fargo credit card. Wells Fargo Autograph℠ Card vs. Wells Fargo Autograph Journey℠ CardThe Wells Fargo Autograph Journey℠ Card is the newest iteration of this popular travel rewards card. Despite the $95 annual fee, the Wells Fargo Autograph Journey℠ Card offers significantly more perks for frequent travelers than the Wells Fargo Autograph℠ Card. Wells Fargo Autograph Card Frequently Asked QuestionsIs the Wells Fargo Autograph card worth it?

Persons: Wells, Insider’s, There's, Cardholders, That's, it's, Assistance Wells, you'll, You'll, Cash, Read, Chase Travel ℠ Organizations: PayPal, Wells, Apple, ESPN, Emergency, Assistance, Card, Chase, Travel, Chase Travel, Sapphire Locations: Wells Fargo, Wells, U.S

☆ There's an 'old school' corner of the stock market that looks cheap and should benefit from a coming spending boom, BofA says
▼ + stars: | 2024-07-22 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +3 min

Analysts say infrastructure investments are cheap relative to the rest of the market. "AI/TMT capex beneficiaries are pricing in strong growth after a year of momentum. "AI adoption has accelerated growth in electrical, thermal, and HVAC manufacturers…But unlike TMT, these sectors haven't priced in as strong growth. As infrastructure investment has slowed, manufacturing activity has only sped up, taxing increasingly older infrastructure, and America's roads, bridges and transportation systems show it. AdvertisementThe Bank of America analysts aren't the first to point to a need for increased attention to US infrastructure and industrialization.

Persons: —, Goldman Sachs, Biden's, Savita Subramanian, Biden, aren't, Richard Bernstein Organizations: Bank of America, Service, Analysts, American Society of Civil Engineers, Republican, of America, Investment

☆ When Tech Fails, It Is Usually With a Whimper Instead of a Bang
▼ + stars: | 2024-07-20 | by ( David Streitfeld | Kate Conger | ) www.nytimes.com time to read: +1 min

Friday brought a pointed reminder that disaster is at least as likely to creep in quietly, perhaps from a piece of technology so mundane that hardly anyone knows it exists. Our lives are built on systems piled on systems. This week’s global software outage, immediately proclaimed as the biggest in history, was not caused by terrorists or A.I. It wasn’t even done as a lark by some off-the-charts smart teenager. Instead, it was a routine upgrade that somehow went off the rails.

☆ Harris fundraiser in Provincetown raises more than $2 million, organizers say
▼ + stars: | 2024-07-20 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +4 min

CNN —Defending Joe Biden and ripping into Donald Trump, Kamala Harris got one of her most roaring responses in years as she spoke at a fundraiser Saturday afternoon in Provincetown, Massachusetts. But we are a group of people who understand anything worthwhile takes a lot of hard work,” Harris said. It takes believing in something and then going forward.”The event was scheduled weeks ago, in very different political circumstances. Transportation Secretary Pete Buttigieg, who is seen by some leading Democrats as a potential running mate should Harris become the nominee, spoke before she did. “Harvey Milk liked to say, ‘Hope will never be silent — and neither will we,’” Harris said.

Persons: Joe Biden, Donald Trump, Kamala Harris, didn’t, —, ”, “ It’s, ” Harris, Harris, Harris ’, “, Kamala, Harris —, Pete Buttigieg, Buttigieg, Biden, ” Buttigieg, Trump’s, JD Vance, Harvey Milk, “ Harvey Milk, ‘ Hope, ’ ” Harris, CNN’s Samantha Waldenberg Organizations: CNN, Transportation, Air Force, San Locations: Provincetown , Massachusetts, San Francisco

CNN —At least 12 people have died and 31 others are missing after a bridge partially collapsed in China’s northern province of Shanxi, according to Chinese state broadcaster CCTV. Authorities said a portion of the bridge in Zhashui County in the city of Shangluo collapsed on Friday evening after recent rains and flash flooding. As of 12 p.m. local time (12 a.m. ET) Saturday, search and rescue operations were ongoing after 17 cars and 8 trucks fell into the river, state media reported. Parts of China have been grappling with devastating floods, just weeks after scarce rainfall and sweltering temperatures created drought conditions.

Persons: Xi Jinping Organizations: CNN, CCTV, Authorities, Reuters Locations: China’s, Shanxi, Zhashui County, Shangluo, China, Henan, Sichuan, Hanyuan County

☆ Election Live Updates: Republicans Leave Convention Unified Around Trump
▼ + stars: | 2024-07-19 | by ( Jim Rutenberg | Adam Nagourney | ) www.nytimes.com time to read: +74 min

And there was great, great sorrow. They’re going to be OK. They’re going to be doing very well. Now he’s going to get on the plane in a little while and he’s going to go back home to his wife. Great, great student at Yale. So many — just so many heroes, so many great, great people.

Persons: Dana, Bob, ”, Lee, you’ll, it’s, didn’t, Nobody, “, I’m, Corey Comperatore, David Dutch, James Copenhaver, We’re, Corey, Helen ., David, James, Dan Newlin, Dan, Trump, —, Aileen Cannon, I’ve, Don, Kimberly, Ivanka, Jared, Eric, Lara, Tiffany, Michael, Barron, he’s, “ Dana won’t, That’s Lee Greenwood, … Eric, Crazy Nancy Pelosi, They’ve, Jason, Jason Aldean, Vance, Usha, He’s, He’ll, MAGA, ” MAGA, I’ll, you’re, nobody’s, We’ve, Somebody’s, they’re, It’s, can’t, We’ll, don’t, “ I’m, we’ll, Biden, They’re, that’s, you’ve, I’d, gee, You’d, That’s what’s, Donald Trump, That’s, There’s, Tom Homan, Brandon Judd, They’ll, Obama, They’d, “ You’ve, we’re, we’ve, Hannibal Lecter, Dwight D, Eisenhower, Jocelyn Nungaray, Rachel Morin, Rachel, Laken Riley, horrifically, Viktor Orban, what’s, Bush, it’ll, Kim Jung Un, Sam Brown, Sam, You’ve, Abdul, Don’t, You’re, Ronald Reagan, America’s, Franklin Graham, Franklin, Billy Graham, he’d, soldiered Organizations: of Pennsylvania, Secret Service, Service, Democrat, Republican Party, Republican, Democrats, America, Yale, ISIS, Space Force, Energy, Apple, Trump, Republican Senate, White, Republicans, United Auto Workers, Social Security, Border Patrol, ICE, ”, Lambs, University of Georgia, “, U.S, Senate, Washington, D.C, Yankee, Win Locations: America, United States, Butler Township, of, Pennsylvania, Florida, Ohio, Milwaukee, Wisconsin, Asia, Europe, Taiwan, Korea, Philippines, China, Russia, Ukraine, Israel, Iran, Germany, Mexico, Nevada, United States of America, There’s, South America, Africa, Middle East, Venezuela, Caracas, El Salvador, Houston, Los Angeles, Maryland, Hungary, “ Russia, Georgia, Crimea, Syria, Iraq, North Korea, Afghanistan, Bagram, Cuba, Miami, U.S.A, Wisconsin , Wisconsin, Washington, Japan, Delaware, Valley Forge, Yorktown, Gettysburg, Midway

Southwest Performance Business Credit Card ReviewChase offers five co-branded Southwest credit cards with varying annual fees and benefits. Southwest Performance Business Credit Card RewardsThe Southwest® Rapid Rewards® Performance Business Credit Card offers many key benefits and features. Southwest Performance Business Card Fees and Other CostsThe Southwest® Rapid Rewards® Performance Business Credit Card charges a $199 annual fee. Southwest® Rapid Rewards® Premier Business Credit Card vs. Southwest® Rapid Rewards® Performance Business Credit CardThe Southwest® Rapid Rewards® Premier Business Credit Card is the only other small business credit card in Southwest's current portfolio. Southwest Performance Business Card Frequently Asked QuestionsWhat are the main benefits of the Southwest Performance Business Credit Card?

Persons: Chase, Cardholders, they'll, you'll Organizations: Business, Rewards, Card, eBay, Southwest ®, Rapid, FDIC, Southwest, EarlyBird, TSA, NEXUS, Emergency, Chase Small Business, Chase, Sapphire, Southwest Airlines Locations: rideshare, Southwest, Hawaii, Caribbean, Mexico, Central America

Ink Business Preferred® Credit Card FeesThe Ink Business Preferred® Credit Card has a $95 annual fee, but if you can take advantage of the bonus categories and benefits, it's well worth it. Ink Business Preferred® Credit CardThe Ink Business Cash® Credit Card is a sibling card of the Ink Business Preferred® Credit Card with very similar benefits. Ink Business Preferred® Credit CardThe Ink Business Unlimited® Credit Card is also an extremely popular credit card for small business owners, especially those who value the simplicity of relying on a single card for all business expenses. Read more about this small business credit card in our Chase Ink Business Unlimited credit card review. Chase Ink Business Preferred Frequently Asked QuestionsIs the Chase Ink Business Preferred hard to get approved for?

Persons: You'll, Chase, Cash, you've, you'll, aren't, It's Organizations: Chase Travel, Chase, FDIC, Shipping, Ink, Apple, Insurance, Emergency, U.S, The, Business, Chase Sapphire, Chase Sapphire Reserve Locations: Chase TravelSM, U.S

☆ Citadel CEO Ken Griffin just broke another record by paying $45M for this dinosaur fossil
▼ + stars: | 2024-07-18 | by ( Jaures Yip | ) www.businessinsider.com time to read: +2 min

Read previewBillionaire Ken Griffin has a new record-breaking item for his record-breaking home. The hedge fund manager paid $44.6 million for a roughly 150 million-year-old mounted Stegosaurus skeleton, nicknamed "Apex." The purchase blew past Sotheby's estimated maximum of $6 million and shattered the previous record sale of $32 million for a Tyrannosaurus Rex skeleton in 2020. AdvertisementThe Citadel CEO, who, according to Forbes, is worth about $38 billion, isn't a stranger to record-breaking sales. In 2019, Griffin paid $238 million for a New York City penthouse, which broke the record for the most expensive home ever sold in the US.

Persons: —, Ken Griffin, Griffin, Apex, Kenneth C Organizations: Service, Business, Citadel, Forbes, New, Field Museum, Griffin, Crystal Bridges Museum of American Locations: New York City, Miami, Dade County, America

☆ Citadel's Ken Griffin buys a stegosaurus for $45 million in a record auction sale
▼ + stars: | 2024-07-18 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

People look at a virtually complete Stegosaurus fossil on display at Sotheby’s on July 10, 2024 in New York City. Billionaire investor Ken Griffin, founder and CEO of hedge fund Citadel, purchased a late Jurassic stegosaurus skeleton for $44.6 million at Sotheby's on Wednesday, marking the most valuable fossil ever sold at auction. The 150 million-year-old stegosaurus named "Apex" measures 11 feet tall and nearly 27 feet long from nose to tail and it is a nearly complete skeleton with 254 fossil bone elements. Griffin won the live auction in New York on Wednesday after competing with six other bidders for 15 minutes. In 2021, he paid $43.2 million for a first-edition copy of the U.S. Constitution, outbidding a group of cryptocurrency investors.

Persons: Ken Griffin, Griffin, Apex, Sotheby's, outbidding Organizations: Billionaire, Citadel, Apex, Chicago's, Museum, Constitution, Crystal Bridges Museum of American Art Locations: New York City, New York, U.S, America, Moffat County , Colorado, Argentina, Arkansas

☆ Money launderers are increasingly turning to crypto to conceal flow of funds, Chainalysis says
▼ + stars: | 2024-07-16 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +1 min

Money launderers are increasingly using cryptocurrencies to conceal the origins and movement of illegally-obtained funds, according to a report by Chainalysis. In 2024, money laundering in crypto encompasses all crime — not just that which is inherently tied to the crypto ecosystem," the blockchain analytics firm said in a July report. Money launderers use various methods such as crypto mixers, cross-chain bridges and "hops" between wallets to conceal the flow of funds. Crypto mixers, or tumblers, involve mixing crypto from various sources to make the detection of their origin and ownership difficult. Bad actors also leverage on crypto bridges to hide the origins of funds by moving them between different blockchain networks.

Persons: — Locations: Paris, France

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