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☆ Confused about the potential Qualcomm-Intel deal? Here's why it matters even if it doesn't happen.
▼ + stars: | 2024-09-24 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +9 min

In today's big story, why you should care about a potential Intel-Qualcomm deal , even if it might not work. Getting all that varied experience has proved particularly beneficial for TSMC in the age of cutting-edge mobile and AI chips. The US needs Intel to keep (and get better at) manufacturing chips. The problem with that is that this manufacturing business would have almost no customers, and would fall even further behind TSMC. Experts seem incredibly skeptical about a Qualcomm deal going through.

Persons: —, Jamie Dimon, Moneyball, Rupert Murdoch's, Chelsea Jia Feng, I'm, it's, Palantir alums, Jamie Dimon Tom Williams, he's, Goldman Sachs, Chelsea JIa Feng, ChatGPT, Vinod Khosla, Chris Gash, Lachlan Murdoch, Murdoch, Lachlan's, Caroline Ellison, Biden, Dan DeFrancesco, Jordan Parker Erb, Jack Sommers, Milan Sehmbi, Amanda Yen Organizations: Service, Intel, Qualcomm, Business, Tech, Getty, TSMC, Inc, JPMorgan, Bank of America, Big Tech, Web Services, Employees, Bloomberg Global Business Forum, FAA, OPEC, Oil Locations: Taiwan, China, San Francisco, Nevada, New York, London

☆ Deleted tweets, canceled events, erased endorsements: How Republicans are fleeing from Mark Robinson
▼ + stars: | 2024-09-24 | by ( Andrew Kaczynski | Em Steck | ) edition.cnn.com time to read: +7 min

She also deleted a post calling Robinson “North Carolina’s next governor.” Buckhout appears to have deleted five tweets in total. Dave Boliek, the GOP candidate for state auditor in North Carolina, appears to have deleted a Facebook post featuring Robinson from August 2024. Dave Boliek, who is running for state auditor, deleted a post showing him and Mark Robinson together in August. Outside of North Carolina, national Republicans and conservative activist and advocacy groups have distanced themselves from Robinson. Bill Lee, the chair of the Republican Governors Association, also pulled his endorsement and canceled a RGA fundraiser in Greensboro, North Carolina.

Persons: Mark Robinson, Robinson, Laurie Buckhout, ” Buckhout, Dave Boliek, Sen, Lisa Stone Barnes, Bill Ward, Stacie McGinn, ”, Allen Chesser, McGinn, I’m, ” Hal Weatherman, “, Thom Tillis, CNN’s Manu Raju, we’ve, ” Tillis, Robinson doesn’t, Ted Budd, Virginia Foxx, hasn’t, Foxx, Brian Kemp, Bill Lee, Vance, Trump, –, Josh Stein Organizations: CNN, Republicans, Republican, NAZI, US, Congressional, House, GOP, Wayback, State, District, North Carolina Republicans, North Carolina, Punchbowl News, Gov, . Tennessee Gov, Republican Governors Association, Trump, Dakota, National Rifle Association, Facebook Locations: North Carolina, North Carolina’s, Carolina’s, Mecklenburg County, South Mecklenburg County, Washington, North, Georgia, Greensboro , North Carolina, Wisconsin, Johnston County , North Carolina

☆ German voters fend off far-right in latest state vote, early results suggest
▼ + stars: | 2024-09-23 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +4 min

“Dietmar Woidke and his Brandenburg SPD have made a furious comeback in recent weeks,” said SPD General Secretary Kevin Kuehnert. “For us in the federal SPD, this evening, if things go well, the problems that lie ahead of us will not have gotten any bigger. SPD party members and supporters react during the publication of exit polls in Potsdam. Provisional official results suggested it had gained 5.7 percentage points since the last Brandenburg election in 2019. With the Greens failing to re-enter Brandenburg state parliament, Woidke’s SPD cannot continue its coalition with the CDU and Greens.

Persons: Olaf Scholz’s, Scholz, “, ” Scholz, Dietmar Woidke, “ Dietmar Woidke, ”, Kevin Kuehnert, Tobias Schwarz, Woidke, Tino Chrupalla, Sahra Wagenknecht Organizations: Olaf Scholz’s Social Democrats, SPD, State, Politico, United Nations, Brandenburg SPD, ARD, ZDF, Communist, Getty, Provisional, Greens, Free Democrats, CDU Locations: Brandenburg, Germany, Berlin, New York, Ukraine, Potsdam, Russia, Thuringia, Saxony, Europe

☆ She was accused of murder after losing her pregnancy. SC woman now tells her story
▼ + stars: | 2024-09-23 | by ( Lauren Sausser | Kff Health News | ) edition.cnn.com time to read: +14 min

Orangeburg, South Carolina KFF Health News —Amari Marsh had just finished her junior year at South Carolina State University in May 2023 when she received a text message from a law enforcement officer. South Carolina state Rep. Seth Rose, a Democrat in Columbia and one of Marsh’s attorneys, called it a “really tragic” case. But at the hospital, Marsh learned that her infant, a girl, had not survived. Historically, birth outcomes for Black women in Orangeburg County, where Marsh lost her pregnancy, have ranked among the worst in South Carolina. She is taking classes at a local community college and hopes to reenroll at South Carolina State University to earn a four-year degree.

Persons: Amari Marsh, ” Marsh, Marsh, ”, Amari's, Herman Marsh, Regina, “, ’ ” Sam Wolfe, KFF, James Clyburn, ’ ” Clyburn, ‘, ’, “ I’ve, I’ve, Seth Rose, Zipporah, Amari, ” Sumpter, Sam Wolfe, Marsh “, y’all, David Pascoe, Pascoe, Dana Sussman, Court’s Dobbs, Dobbs, Holly Gatling, Michele Heisler, ” Chelsea Daniels, ” Daniels, Sumpter, Dr, Sanjay Gupta, God, Daniel Chang Organizations: South Carolina KFF Health, South Carolina State University, Calhoun Regional Detention, KFF Health, U.S, Supreme, Jackson, Health Organization, White, Rep, Carnegie Hall, Democrat, Regional Medical, South Carolina’s Republican, South, Judicial, Pregnancy, Local, The Times, South Carolina Citizens, Life, National, Physicians, Human Rights, Medical University of South, CNN, CNN Health, Health News, Health, KFF Locations: Orangeburg, South Carolina, Calhoun, “, Columbia, South, South Carolina’s, Miami, Florida, Montana , Missouri, Maryland, Medical University of South Carolina, Orangeburg County, Health News Florida

☆ Not a 'caretaker': Meet Bob Menendez's extremely temporary replacement
▼ + stars: | 2024-09-23 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +10 min

I'm a senator," Helmy told me. "Whether you're here for a day, or three months, four months, or 40 years, you're a United States Senator." "I see myself as sort of continuing my prior roles as a staffer," Helmy told me. Sitting in Menendez's former office, Helmy also lamented the way the long-serving New Jersey senator's career came to an end. "Bob's office was the office you always competed with," Helmy noted, referencing his own time with Booker and former Sen. Frank Lautenberg.

Persons: George Helmy's, Helmy, you've, Sen, Bob Menendez, Phil Murphy, Menendez, I'm, Cory Booker, Bill Clark, who've, Joe Biden's, Patty Murray, Kamala Harris —, he's, Frank Lautenberg —, Helmy —, Chris Christie, Jeff Chiesa, Democratic Sen, Mo Cowan, John Kerry, Cowan —, —, George, — Mo Cowan, Chiesa, Booker, Booker aren't, Michael Bennet, Colorado Sen, John Hickenlooper, Murphy, Andy Kim, Tammy Murphy, Kim, Menendez's, Semafor, Bonnie Cash, Curtis Bashaw, Frank Lautenberg, there's Organizations: Service, Capitol, Garden State, Democratic Gov, Coptic, Getty, Pro Tempore, Society of, Republican, Democratic, State, Society, Colorado, Port Authority of New, GOP, New Jersey senator's Locations: Sen, New Jersey, States, Coptic American, Washington, Pennsylvania, Jersey, Massachusetts, Denver, Port Authority of New York, Garden

☆ What Jamie Dimon thinks about junior bankers with hush-hush private-equity jobs
▼ + stars: | 2024-09-23 | by ( Kaja Whitehouse | ) www.businessinsider.com time to read: +3 min

Last week, JPMorgan Chase CEO Jamie Dimon lashed out at investment bankers in training who quietly accept future-dated jobs with buyout firms. In the past, such recruiting tactics often took place after newbie investment bankers got some experience under their belts. Related storiesLast year's private-equity recruiting cycle kicked off while many bankers were still in training for their first full-time jobs after college. In August, JPMorgan issued a warning to incoming investment bankers about the risks of accepting hush-hush jobs with private-equity firms, including potential termination. AdvertisementIn the August letter, JPMorgan warned that future-dated jobs with a private-equity firm could present conflicts of interest for the bank.

Persons: —, Jamie Dimon, Dimon, hadn't Organizations: Service, JPMorgan, Georgetown University, Street's, Business, Georgetown

☆ Far-right group that invokes Nazi past on track for more state election success in Germany
▼ + stars: | 2024-09-22 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +3 min

The AfD became the first far-right party to win a state election in Germany since World War II, in Thuringia, on Sept. 1 and just missed first place in Saxony. Hans-Christoph Berndt, the AfD candidate for Brandenburg state premier, cast his ballot on Sunday in the town of Golssen, south of Berlin, expressing optimism about his party’s prospects with increased support compared to 2019. Narrow the gapIn recent weeks, the SPD has managed to narrow the gap with the AfD, opinion polls have shown. AfD party leader Tino Chrupalla said Scholz should do the same. “It is high time this government suffer the consequences after this state election,” Chrupalla said.

Persons: Chancellor Olaf Scholz’s, Hans, Christoph Berndt, we've, ” Berndt, won’t, Scholz, Brandenburg’s, Dietmar Woidke, Woidke, pollster Forschungsgruppe Wahlen, ” Woidke, Tino Chrupalla, ” Chrupalla Organizations: Chancellor Olaf Scholz’s Social Democrats, Communist, Brandenburg, Social Democrats, SPD, Sahra Wagenknecht, Scholz’s, Free Democrats, Greens Locations: German, Brandenburg, Germany, Thuringia, Saxony, Europe, Ukraine, Scholz’s, Golssen, Berlin, Potsdam

☆ Exit polls suggest reprieve for Germany’s Scholz, as his party looks set to fend off far right in state vote
▼ + stars: | 2024-09-22 | by ( ) edition.cnn.com time to read: +3 min

BERLIN Reuters —German Chancellor Olaf Scholz’s Social Democrats (SPD) looked set to fend off the far right in a state election in Brandenburg on Sunday after trailing behind the Alternative for Germany (AfD) throughout the campaign, exit polls indicated. “Dietmar Woidke and his Brandenburg SPD have made a furious comeback in recent weeks,” said SPD party general secretary Kevin Kuehnert. “For us in the federal SPD, this evening, if things go well, the problems that lie ahead of us will not have gotten any bigger. The SPD is polling just 15% at national level, down from the 25.7% it scored in the 2021 federal election. Maryam Majd/Getty Images/FileNo time for complacencyThe vote in Brandenburg comes three weeks after the Russia-friendly AfD became the first far-right party to top a state election in Germany since World War Two, in Thuringia.

Persons: Olaf Scholz’s, Scholz, Dietmar Woidke, “ Dietmar Woidke, ”, Kevin Kuehnert, Olaf Scholz, Maryam Majd, Woidke, Tino Chrupalla, Sahra Wagenknecht Organizations: BERLIN Reuters —, Olaf Scholz’s Social Democrats, SPD, ZDF, Brandenburg SPD, ARD, Communist, Greens, Free Democrats Locations: Brandenburg, Germany, Berlin, Ukraine, Russia, Thuringia, Saxony, Europe

☆ What to know about Arch Manning as he makes his first start for Texas
▼ + stars: | 2024-09-21 | by ( The Athletic College Football | ) www.nytimes.com time to read: +10 min

Arch Manning, the most famous backup quarterback in football, will make his first college start Saturday night for No. Here’s a guide to what to know heading into the Longhorns’ game against the Warhawks, which will be streaming on ESPN+ at 8 p.m. Manning enrolled at Texas in 2023, redshirted and saw minimal time as the third-string quarterback behind Ewers and backup Maalik Murphy. For the season, Manning is 14-of-18 passing for 318 yards and five touchdowns and has two touchdown runs. He completed his first five pass attempts in a 52-0 Week 1 win against Colorado State, notching his first career touchdowns.

Persons: Manning, Quinn Ewers, Cooper Manning, Arch, Archie, Ole, Peyton, Eli, Ole Miss, Ewers, Maalik Murphy, Murphy, Sam Khan Jr, Steve Sarkisian, Sarkisian, ” Sarkisian, “, —, ”, Will, Arch Manning, Monroe, Bryant Vincent, General Booty, they’ve, They’re, Booty, “ He’s, Nelson Stewart, ” — Grace Raynor, Newman, — Raynor, wasn’t, — Nick Baumgardner, Tim Warner Organizations: Ole Miss, New, New Orleans Saints, NFL, Tennessee, Longhorns, Warhawks, ESPN, Texas, Texas Tech, Oklahoma State, Duke, Colorado State, UTSA, Roadrunners, ULM, SEC, Heisman, Alabama, Michigan, UAB, Oklahoma, Football Bowl, Big, Ewers, Isidore Newman School, New Orleans —, Getty Locations: Texas, Louisiana, Monroe, New Orleans, Will Texas, Tuscaloosa, Ann Arbor, Quinn Ewers Does Louisiana, ULM, Georgia, Alabama, Austin

☆ Nonalcoholic drinks: Some experts are calling for age restrictions on sales
▼ + stars: | 2024-09-20 | by ( Brenda Goodman | ) edition.cnn.com time to read: +7 min

The market for nonalcoholic drinks has been growing as more people — notably younger adults — look to cut their alcohol use. Bowdring says there’s emerging evidence that nonalcoholic beverages may prime kids to switch to the real thing. Surveys of elementary, middle and high school students in Japan, where the legal drinking age is 20, found that 20% to 30% said they were drinking nonalcoholic beverages. So minors in those states can buy nonalcoholic drinks but not those with low levels of alcohol. For minors, there’s no benefit in consuming nonalcoholic drinks, and there is some evidence of potential harm, she said — which is why she thinks states need to step in to curb sales.

Persons: ”, Molly Bowdring, Kristen Bell, Kelly Clarkson’s, “, Bowdring, who’d, Leon Booth, ” Booth, ” Lisa Hawkins, Busch, officiais, Dr, Sanjay Gupta, there’s Organizations: CNN, Stanford Prevention Research, George Institute for Global Health, Budweiser, “ Anheuser, Beer, Constellation Brands, District of Columbia, Get CNN, CNN Health Locations: Corona, Japan, Taiwan, Australia, New South Wales, Georgia, Idaho, Florida, Kansas

☆ Ranking Week 4’s top 10 college football games: From NC State-Clemson to Tennessee-Oklahoma
▼ + stars: | 2024-09-20 | by ( Justin Williams | ) www.nytimes.com time to read: +10 min

The sport dips its toes this weekend with ranked matchups in the Big Ten, Big 12 and SEC featuring College Football Playoff favorites and some remaining question marks. Let’s rank the top 10 games of Week 4, starting with a few honorable mentions and counting down. San Jose State (3-0) at Washington State (3-0), Friday, 10 p.m., The CWWhat a win for Wazzu last week. Line: Auburn -3GO DEEPER College football Week 4 oddly specific predictions: Rolling with road favoritesHow about Kenny Dillingham and the Sun Devils? 6 Tennessee (3-0) at No.

Persons: John Mateer, Jake Dickert, Ken Niumatalolo, Grayson McCall, CJ Bailey, Cade Klubnik, Alex Hicks Jr, Sam Pittman, Hank Brown, Kenny Dillingham, ASU —, Sam Leavitt, Skattebo, Tyler Shough, ESPN Mario Cristobal’s, Cam Ward, Byrum Brown, Sam Navarro, Fox, Dylan Raiola, Patrick Mahomes, Raiola, haven’t, Alex Orji, Davis Warren, D’Anton Lynn, Cam, Doak Walker, Ollie Gordon, Alan Bowman, Bowman, Collin Oliver, Josh Heupel, Joe Rexrode, Joe, ”, Nico Iamaleava’s, Jackson Arnold, Nic Anderson, Andrel Anthony, Brent Venables ’, Norman, Aaron M Organizations: College, Big, SEC, College Football, Rutgers, Virginia Tech, Navy, TCU, SMU, San, San Jose State, Washington State, Wazzu, Apple, Cougars, WSU, Spartans, Air Force, North Carolina State, Clemson, ABC, NC, Wolfpack, Louisiana Tech, Lousiana Tech, App, Tigers, ACC, App State, USA, Auburn, ESPN, CBS, Arkansas, Arkansas ’, New, College football, Sun Devils, ASU, Texas State, Texas Tech, Abilene Christian, Georgia Tech, ESPN2 Georgia Tech, VMI, Syracuse, Jackets, Cardinals, Austin Peay, Jacksonville State, Notre Dame, Louisville, Miami, Hurricanes, FBS, USF, Alabama, Bulls, Tide, Nebraska, Illini, Cornhuskers, Illinois, USC, Michigan, Wolverines, LSU, Ohio State, Penn State, Oklahoma State, Fox, Baylor, Utes, Kansas State, Sooners, ESPN’s, GameDay Locations: North Carolina, Memphis, SMU , Iowa, Minnesota, San Jose, Washington, Tennessee, Georgia, Arkansas, New Mexico, Auburn, Texas, North Texas, Louisville, South Florida, Tampa, Miami, Illinois, Nebraska, Lincoln, Michigan, Ohio, Oregon, Penn State , Nebraska, Utah, Fox Utah, Stillwater, Kansas, Arizona, Oklahoma

☆ ‘Billions’ of golf balls could be lost every year. Where do they end up?
▼ + stars: | 2024-09-19 | by ( Jack Bantock | ) edition.cnn.com time to read: +20 min

Found Golf Balls CEO Shaun Shienfield, whose company recovers and resells millions of lost balls across the US and Canada each year, told CNN that he gauged the average to be between three and four each round. Using Shienfield’s low estimate, that’s over 1.5 billion balls lost in the US every year since 2020. “While precise global estimates are challenging … the worldwide figure could easily exceed 3 to 5 billion golf balls lost each year,” Petersen told CNN. Mitchell Schols, founder of Canada-based Biodegradable Golf Balls, put a “very conservative” estimate for North America at one million balls lost to oceans annually. One UK-based man told CNN in 2015 that he could earn up to £100,000 (about $114,000) annually by diving to retrieve golf balls from lakes on golf courses.

Persons: Woods, Jonathan Ferrey, Shaun Shienfield, Torben Kastrup Petersen, ” Petersen, Loch, Cam Bauer, fairways, Jae C, Paula Gallani, Jack Taylor, Bonifas, Paul Barker, Alex Livesey, Josh Noel, Richard Heathcote, Sam Greenwood, Mohammed Afzal Abdul Afghanistan'shas, Mohammed Afzal Abdul, Shah Marai, Africa's, Alf Caputo, Mi Jung Hur, Michael Cohen, Matthew Savoca, Davis, Alex Weber, Savoca, Weber, Jack Johnston, Ezra Shaw, ” Savoca, “, there’s, ”, Mitchell Schols, Petersen, Kevin C, Cox, Schols, Albus Golf, ” Schols, Jared C, Tilton, “ I’m Organizations: CNN, United States Golf Association, National Golf Foundation, Danish Golf Union, La, Don Mueang International Airport, Getty, Chicago Tribune, Tribune, Service, La Paz Golf Club, AFP, Soviet Army, Kenya, Ladies European, Indy Women, Tech, University of California, Carmel High School, Monterey Bay National, National, Canada, North America, “, USGA, Pebble Beach Resorts Locations: Pebble Beach , California, Stillwater, Monterey , California, Canada, Greenland, Norway, Hawaii, France, Bangkok, Don, AFP, North, South Korea, Washington, Uummannaq, Coeur D'Alene, Death Valley , California, South Carolina, Bolivia, Kabul, Kenya, Australia, Ceduna, Kalgoorlie, Monterey Bay, Pebble Beach, Cypress Point, Carmel, California, Monterey, Japan, England, Germany, America, –, Spanish, London, Florida

☆ Amazon's RTO policy is the right decision, according to a Gen Z founder who said most of his employees come in 5 days a week
▼ + stars: | 2024-09-19 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +6 min

He founded an AI startup in 2023 and told BI the majority of his 14 employees come in five days a week. "Remote work benefits people who are more stable in their career at the expense of people who are junior," he said. BI has reported on multiple Gen Z employees who feel isolated and restricted by their remote working environment. Advertisement"If you're a new grad and you're starting a job and you just work a remote job, you're just shooting yourself in the foot," he said. He told BI, "Four or five years ago, this was the norm," adding, "Why are we even thinking remote work is normal?"

Persons: —, Jeffrey Wang, Wang, Everyone's Organizations: Service, Plaid, Harvard, Business, Tech, Networking, BI Locations: San Francisco, Hawaii

☆ JPMorgan's junior bankers just gained an ally in their fight against overwork. Here's what we know about the longtime exec tapped to advocate for them.
▼ + stars: | 2024-09-19 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +10 min

Read previewLast week, JPMorgan Chase announced that it would be seeking to limit junior bankers' work hours to 80 per week to tackle concerns over unhealthy working conditions. "So a lot of investment bankers — they've been traveling all week. Jamie Dimon on Tuesday addressed Ryland McClendon's new job ScreenshotThe investment banker's daughterMcClendon grew up near Atlanta, Georgia with her parents and three siblings. AdvertisementIn a 2023 episode of JPMorgan's "Women on the Move" podcast, McClendon said her career path has been heavily influenced by her parents. AdvertisementIn the 2023 podcast, McClendon said she likes to use storytelling as a tool to educate because it can be more effective than numbers alone.

Persons: —, Ryland McClendon, Leo Lukenas, Lukenas, McClendon, Michael Nagle, Jamie Dimon, Dimon, aren't, — they've, It's, Ryland McClendon's, Raymond J, Pryor, Ryland, Marion Barry, SunTrust Robinson Humphrey, we've, what's Organizations: Service, JPMorgan Chase, CNBC, JPMorgan, Business, of America, Getty, Bank of America, Georgetown University, Hartsfield, Jackson Atlanta International Airport, Washington D.C, Duke, econ, Wall Locations: Atlanta , Georgia, Atlanta, Washington, Florida

☆ Overworked junior bankers at JPMorgan are getting someone to check on their well-being
▼ + stars: | 2024-09-19 | by ( Nora Redmond | ) www.businessinsider.com time to read: +1 min

JPMorgan has created a new role to oversee the well-being of junior bankers and analysts. JPMorgan capped junior bankers' hours at 80 a week earlier this month. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementJPMorgan Chase has created a new global role to oversee junior bankers and analysts and prevent overwork.

Persons: Wall, —, JPMorgan Chase, Ryland McClendon, McClendon Organizations: JPMorgan, Service, Reuters, Business

☆ JPMorgan creates new role overseeing junior bankers as Wall Street wrestles with workload concerns
▼ + stars: | 2024-09-18 | by ( Hugh Son | ) www.cnbc.com time to read: +1 min

JPMorgan Chase has created a new global role overseeing all junior bankers in an effort to better manage their workload after the death of a Bank of America associate in May forced Wall Street to examine how it treats its youngest employees. The firm named Ryland McClendon its global investment banking associate and analyst leader in a memo sent this month, CNBC has learned. The move shows how JPMorgan, the biggest American investment bank by revenue, is responding to the latest untimely death on Wall Street. Later that month, JPMorgan CEO Jamie Dimon said his bank was examining what it could learn from the tragedy. Exceptions can be made for live deals, said the person, who declined to be identified speaking about the internal policy.

Persons: Jamie, JPMorgan Chase, Wall, Ryland McClendon, McClendon, Bank of America's Leo Lukenas III, Jamie Dimon, JPMorgan's Organizations: JPMorgan Chase, U.S . Senate Banking, Housing, Urban Affairs, Wall, Capitol, Washington , D.C, JPMorgan, Bank of America, CNBC, Associates, Bank of America's Locations: Washington ,

☆ Meet the ex-Googler joining Goldman Sachs to build tech and optimize its investment banking and trading business
▼ + stars: | 2024-09-18 | by ( Bianca Chan | ) www.businessinsider.com time to read: +8 min

As the incoming global head of technology engineering for Goldman Sachs' global banking and markets division, the ex-Googler will run the engineering team for Goldman's investment banking and sales and trading units. And lots of different challenges in the space given how much is being invested in this particular business," Goldman told Business Insider, referring to efforts to build systems that can handle the firm's anticipated growth in a compliant and resilient way. Goldman Sachs' core business of advising companies through mergers, acquisitions, and raising capital, has come under the spotlight recently as investment-banking activity continues to be slow. AdvertisementWith an anticipated decline in trading volumes across Wall Street, Goldman's sales and trading business will continue to lean on technology to win market share among institutional investors. During her first stint at Goldman, she managed various tech teams and was named managing director in 2008.

Persons: Melissa Goldman, Goldman Sachs, Goldman, she's, couldn't, You've, I'm, I've Organizations: Service, Goldman, Google, JPMorgan, Wall, Big, Bank of America Locations: Wall, Bermuda, Big Tech

☆ New York Democrats are desperate to avoid repeat of their 2022 midterm collapse
▼ + stars: | 2024-09-18 | by ( Gregory Krieg | Gloria Pazmino | ) edition.cnn.com time to read: +12 min

New York Democrats offered a wide array of excuses for their disastrous 2022 midterms, when Republicans flipped four seats outside New York City on their way to winning a narrow US House majority. Now, less than two months out from the 2024 general election, the state party, its campaign season allies, chastened candidates and Gov. D’Esposito is one of five New York GOP freshmen facing an onslaught from Democrats determined to claw back suburban voters. “New York is the reason Democrats lost the House in 2022,” said Pamela Shifman, president of the Democracy Alliance, a liberal group spending big in New York this year. “There’s more focus than there was the last couple cycles, both from the state party, but also obviously the national committees,” the strategist said.

Persons: Kathy Hochul, Donald Trump’s, Anthony D’Esposito’s, Laura Gillen, Joe Biden, Gillen, Marc Molinaro, Mike Lawler, Nick LaLota, Brandon Williams, Kamala Harris, ”, Pamela Shifman, Nancy Pelosi, Pelosi, “, Jay Jacobs, ” Hochul, Andrew Caballero, Reynolds, Ana María Archila, Archila, Trump, Hakeem Jeffries, Jeffries, Kirsten Gillibrand, Lizzy Weiss, Hochul, Andrew Cuomo, Tom Suozzi, Republican George Santos, Gabby Seay, Chip Somodevilla, “ Jeffries, “ He’s, Seay, Michael Bloomberg, Elizabeth Frantz, Lawler, Sean Patrick Maloney, Mondaire Jones, ” Lawler, Jones, Roe, Lee Zeldin, Riley Gaines Organizations: CNN, New York Democrats, Republicans, Gov, Democratic, Republican Rep, New York GOP, Trump, Democracy Alliance, Politico, Democratic National Convention, New, Getty, Families Party, Democratic Congressional, Committee, New York’s, Republican, ”, Capitol Visitor Center, GOP, PAC, New York Fund, Empire, New York, Congressional, Democrats, Rep, “, Working, Party, US, Wade, Convention Locations: New York City, Long, York, Hudson, Central New York, “ New York, New York, Chicago, AFP, Washington ,, strategizing, strategize, Gaza, Suozzi, Hudson Valley, State

☆ Meet the ex-Googler joining Goldman Sachs to build tech and cut costs for its investment banking and trading business
▼ + stars: | 2024-09-18 | by ( Bianca Chan | ) www.businessinsider.com time to read: +8 min

☆ National Cheeseburger Day: Here are the deals to relish
▼ + stars: | 2024-09-18 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Wednesday is National Cheeseburger Day, with some of the biggest chains offering some much-needed discounts amid consumer complaints about rising prices. It’s part of company’s string of deals to kickstart slumping sales, including recently extending its popular $5 value meal until December. Fast food has been a low-profit margin business with little customer loyalty. McDonald’s pricey burgers have become a flashpoint of criticism and a symbol of elevated fast food prices. So deals are particularly crucial to fast food companies at the moment to lure customers back.

Persons: they’re, Burger King, Jack, Jack ” cheeseburger, ”, Joe Erlinger Organizations: New, New York CNN, Wednesday, McDonald’s Locations: New York, White, McDonald’s USA

☆ Amazon's RTO commandment and the office work shibboleth
▼ + stars: | 2024-09-18 | by ( Alistair Barr | ) www.businessinsider.com time to read: +7 min

In those ancient times, tech companies embraced remote work as an unstoppable innovation revolution. Remote work benefitsRemote work supports a more diverse employee base by helping companies hire more easily in different locations. In December, she described a study that found collaborating in person produced more breakthroughs than remote work. The truth is that in-office work is a shibboleth. But Benioff is at least admitting the reality of how employees work in the modern world.

Persons: —, Marc Benioff, they're, Andy Jassy, Insider's Aki Ito, Jassy, Goldman Sachs, David Solomon, Solomon, James Hamilton, he'd, I've, it's Organizations: Service, Amazon, Business, Google, Jassy's AWS, BI, Employees, Hamptons, Bloomberg, Fortune, Starbucks, Staff Locations: Seattle, Hawaii

☆ Gold's rally to records shows no signs of slowing
▼ + stars: | 2024-09-17 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

Gold prices just won't stop rising. Year to date, gold is up nearly 26% — outpacing the S & P 500's 18% gain. Since ETF holdings only increase gradually as the Fed cuts, this upside is not yet fully priced in." Investors seeking exposure to gold can obtain it through exchange traded funds, such as the SPDR Gold Shares ETF (GLD) . The fund, which tracks gold prices and charges 0.4% in fees, is up nearly 25% in 2024.

Persons: Goldman Sachs, Lina Thomas, Thomas, Christopher Danely Organizations: Reserve, Goldman, Miners, Gold Miners, Citigroup, Micron Technology

☆ Daniel Ricciardo: How driver went from a ‘shy’ teenager to one of F1’s most effervescent characters
▼ + stars: | 2024-09-16 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +12 min

Australian former F1 driver Mark Webber partakes in Ricciardo's infamous 'Shoey' celebration, drinking champagne out of Ricciardo's race boot. Ricciardo became the 14th Australian driver to start a race when he made his debut for HRT F1 Team in 2011. He replaced Dutchman Nyck de Vries mid-season at the junior team, renamed to AlphaTauri and rebranded as the “sister team” to Red Bull. Red Bull realitiesRicciardo’s return to Red Bull marked a full circle moment for the Aussie, having joined the team’s academy in 2008. Despite having a contract for the next two seasons, incumbent Red Bull second driver Sergio Pérez is on the hotseat after recent struggles.

Persons: CNN — Daniel Ricciardo, –, Sebastian Vettel, Ricciardo, Honey, ” Ricciardo, ”, Rudy Carezzevoli, Blake Mills, Blake, “ He’s, ’, “ Josh, I’ve, “, I’m, Mark Webber partakes, Mark Thompson, Jack Brabham, Alan Jones, Mark Webber, Oscar Piastri, Jack Doohan, Toro Rosso, Webber, Vettel, Lewis Hamilton, Nico Rosberg, Red Bull, Max Verstappen, Lando Norris, McLaren’s, Bull, Nyck de Vries, it’s, Peter Fox, don’t, you’re, “ I’ve, De Vries, Alex Albon, Pierre Gasly, ‘ Let’s, ’ ”, Red, Liam Lawson, Sergio Pérez Organizations: CNN, Red Bull, CNN Sport, Brabham, HRT, McLaren, Australian, Bull’s, Austrian, Mercedes, Monaco, Renault, Prix, Formula, One Locations: Perth, Western Australia, Ngilgi, Australia, Ricciardo's, Australian, Melbourne, Canada, Hungary, Belgium, Monaco, British, Hungarian, Europe

☆ Teens are losing faith in college, giving rise to interest in the skilled trades
▼ + stars: | 2024-09-16 | by ( Jessica Dickler | ) www.cnbc.com time to read: +2 min

Although the data shows the rate of high school graduates enrolling within a year of their graduation is significantly higher for students from low poverty high schools. Junior Achievement and Citizen polled 1,000 teenagers between the ages of 13 and 18 in July. Roughly half, or 49%, believe a high school degree, trade program, two-year degree or other type of enrichment program is the highest level of education needed for their anticipated career path. "Teens are starting to get a clearer idea, if they are not going to go the college route, of what the alternatives might be," said Ed Grocholski, chief marketing officer at Junior Achievement. Advancements in artificial intelligence and technology training have also helped change the equation for some young people, Junior Achievement found.

Persons: Doug Shapiro, Shapiro, Ed Grocholski Organizations: Student Clearinghouse Research, Finance, Junior Achievement, Citizen

☆ Insider Today: The unstoppable Sam Altman
▼ + stars: | 2024-09-15 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

If you're sick of me running the Sunday edition for Matt Turner, I have good news: He's back next week. On the agenda today:This story is available exclusively to Business Insider subscribers. AdvertisementThe first in-person meeting between Vice President Kamala Harris and former President Donald Trump had plenty of fireworks . (JD Vance, Trump's running mate, isn't worried .) AdvertisementBusiness Insider spoke to some middle managers who said the stress was enough for them to consider asking for a demotion.

Persons: —, Matt Turner, He's, Julia Beverly, Getty, Anna Moneymaker, Tyler Le, Kamala Harris, Donald Trump, Harris, — Elon Musk —, Trump, Hillary Clinton, David Muir, Linsey Davis, Taylor Swift, JD Vance, Trump's, isn't, Chelsea Jia Feng, They've, they're, Kiersten, Samantha Lee, aren't, ANDREW CABALLERO, REYNOLDS, Altman's, Sam Altman, Scarlett Johansson, Kevin Cash Organizations: Service, Business, Harris, Trump, ABC, American, Getty, BI, Green Beret, JPMorgan, Bank of America, Getty Images, Apple, Navy

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