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☆ Is Pet Insurance Worth It? for Most People, the Answer Is No.
▼ + stars: | 2024-05-23 | by ( Emily Stewart | ) www.businessinsider.com time to read: +12 min

The North American Pet Health Insurance Association found that pet owners in the US paid $3.9 billion in premiums in 2023, a 22% increase from the year before. One thing is for sure: As the industry grows, pet insurance is becoming as confusing and messy as health insurance is for humans. Pet insurance isn't technically even health insurance; it falls in the property-and-casualty category. AdvertisementThe big problem with pet insurance is it's just an expensive productThere are three categories of pet insurance: accident only; accident and illness; and accident, illness, and wellness. Advertisement"It's important that pet owners understand the scope of what their pet insurance does and does not cover, so they're not caught off guard by unexpected payments," he said.

Persons: Gina Papini, Kato, Papini, That's, they've, Kevin Brasler, that's, Dan, Michael San Filippo, they're, Doug Kenney, Kenney, It's, Brasler, she's, Emily Stewart Organizations: American Pet Products Association, Pet Health Insurance Association, American Veterinary Medical Association, Rover, Consumers, Business Locations: reimbursing, Mexico

☆ Opinion: Rishi Sunak’s election looks like a final gasp
▼ + stars: | 2024-05-23 | by ( Opinion Holly Thomas | ) edition.cnn.com time to read: +8 min

For those outside the Westminster bubble, the announcement felt less like a starting pistol than a final gasp. But unlike Sunak, who with his wife Akshata Murty is worth an estimated £651 million ($828 million), most of us can’t afford it. The British economy never fully recovered from the 2008 recession and, consciously or not, most people still feel the sting every day. As Sam Knight recently noted in the New Yorker, the average British worker is estimated to be £14,000 ($17,800) worse off per year now than they would be if earnings had risen at pre-crisis rates. Her disastrous mini-budget wiped £30 billion off the UK economy that autumn, according to independent think tank Resolution Foundation, and sent interest rates rocketing.

Persons: Holly Thomas, Katie Couric, Rishi Sunak, Keir Starmer, Tony Blair, Akshata Murty, Sam Knight, Brexit, Liz Truss, It’s, there’s, —, Boris Johnson, Johnson, who’d, that’s, Blair Organizations: Katie Couric Media, CNN, London CNN —, Conservative, Westminster, Labour, British Medical Association, BMA, Commission, Yorker, Evening, Office, National Statistics, Tory, Foundation Locations: London, Westminster, England, British, Europe, Rwanda

☆ A former Netflix and Uber exec's next move? Joining 'The Real Housewives of Beverly Hills'
▼ + stars: | 2024-05-23 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +1 min

Bozoma Saint John is joining the cast of "The Real Housewives of Beverly Hills" season 14. Saint John is a former chief marketing officer for companies like Uber and Endeavor. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Or at least, that's the case for legendary marketing exec Bozoma "Boz" Saint John. Bravo announced on Wednesday that Saint John would join the cast of season 14 of "The Real Housewives of Beverly Hills" alongside returning cast members Garcelle Beauvais, Erika Jayne, Dorit Kemsley, Kyle Richards, and Sutton Stracke.

Persons: John, Saint John, She's, —, Bozoma, Boz, Bravo, Garcelle Beauvais, Erika Jayne, Dorit Kemsley, Kyle Richards, Sutton Stracke Organizations: Housewives, Beverly, Uber, Endeavor, Service, Netflix Locations: Beverly Hills

☆ 7 quirky plans for Neom, from robot hotel clerks to swim lanes for commuters
▼ + stars: | 2024-05-22 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +5 min

Read previewSaudi Arabia has grand plans for its Neom megaproject. The city is part of Saudi Crown Prince Mohammed bin Salman's Vision 2030 project , which plans to revolutionize the country's oil-dependent economy for a post-fossil fuel future. Swim lanes for commutersThe megacity is also considering including swim lanes for commuters, according to a Neom "style catalog" seen by Bloomberg. Neom planners are reportedly considering including canals with swimmable water, which would allow residents to swim to work or school. A robot and AI networkNeom has grand plans to be the most high-tech city in the world.

Persons: —, It's, Prince Mohammed bin Salman's, Jan Paterson, Neom's, Neom, Nadhmi Al, Nasr, Wayne Borg, Paul Marshall Organizations: Service, Business, Planners, Bloomberg, Wired, BBC Locations: Saudi Arabia, Saudi, Neom, Aqaba, Treyam, Neom's

☆ Many people using GLP-1s for weight loss stop treatment too soon, research shows, and results are not one-size-fits-all
▼ + stars: | 2024-05-21 | by ( Deidre Mcphillips | ) edition.cnn.com time to read: +8 min

Professional organizations have set this as a guideline for when to reassess whether a treatment is providing clinically meaningful weight loss. People who met with their providers less frequently – and those living in underserved regions with broader health inequities – were more likely to discontinue GLP-1 treatment sooner. But using GLP-1 treatments are still an investment in many ways. These injected medications, called GLP-1 agonists, are in high demand because they have proved to be so effective for weight loss. And experts warn that the GLP-1 treatment process can be different for everyone.

Persons: ”, Disha, Wegovy, Jody Dushay, Beth, There’s, Razia Hashmi, ” Hashmi, it’s, “, Dr, Sanjay Gupta, ” Narang, ” Dushay Organizations: CNN, Endeavor Health, Beth Israel Deaconess Medical Center, Harvard Medical School, Shield, Dandelion Health, CNN Health, “ Locations: Chicago, –, GLP

☆ Instagram Is Giving People Meaningless Little Badges for Posting
▼ + stars: | 2024-05-20 | by ( Emily Stewart | ) www.businessinsider.com time to read: +9 min

But an Instagram posting streak is different from, say, exercising every week for a year or doing a language lesson daily, both of which have intrinsic value. You feel good about trying to get in shape or practicing Spanish no matter who sees; that's not the case for Instagram posting. "But to post on Instagram, I'm not like, 'Wow, I'm a great poster.'" Ultimately, the Instagram badges aren't the end of the world. AdvertisementThe Instagram badges aren't widely available for all users yet, and a spokesperson for Meta said they had nothing to share on whether they eventually would be.

Persons: I've, Instagram, Wordle, Meta, Instagram's, Scott Kessler, it's, Ali Grant, Grant, that's, Barasch, I'm, they'd, she'd, —, Emily Stewart Organizations: YouTube, Third, Meta, Facebook, Digital, University of Colorado Boulder's Leeds School of Business, Business

☆ More OpenAI drama: Exec quits over concerns about focus on profit over safety
▼ + stars: | 2024-05-17 | by ( Clare Duffy | ) edition.cnn.com time to read: +3 min

New York CNN —A departing OpenAI executive focused on safety is raising concerns about the company on his way out the door. His resignation followed an announcement by OpenAI Co-Founder and Chief Scientist Ilya Sutskever, who also helped lead the superalignment team, on Tuesday that he would leave the company. The technology will make ChatGPT more like a digital personal assistant, capable of real-time spoken conversations. “i’m super appreciative of @janleike’s contributions to openai’s alignment research and safety culture, and very sad to see him leave,” Altman said. i’ll have a longer post in the next couple of days.”–CNN’s Samantha Delouya contributed to this report.

Persons: Jan Leike, superalignment, OpenAI, “, Leike, ”, Ilya Sutskever, Sutskever, Sam Altman, Altman, Kara Swisher, ” Leike, ” Altman, ” –, Samantha Delouya Organizations: New, New York CNN, OpenAI, CNN Locations: New York, ChatGPT

☆ OpenAI dissolves team focused on long-term AI risks, less than one year after announcing it
▼ + stars: | 2024-05-17 | by ( Hayden Field | ) www.cnbc.com time to read: +5 min

The news comes days after both team leaders, OpenAI co-founder Ilya Sutskever and Jan Leike, announced their departures from the Microsoft-backed startup. OpenAI's Superalignment team, announced last year, has focused on "scientific and technical breakthroughs to steer and control AI systems much smarter than us." "I joined because I thought OpenAI would be the best place in the world to do this research," Leike wrote on X. Leike wrote that he believes much more of the company's bandwidth should be focused on security, monitoring, preparedness, safety and societal impact. The update brings the GPT-4 model to everyone, including OpenAI's free users, technology chief Mira Murati said Monday in a livestreamed event.

Persons: Sam Altman, OpenAI, Ilya Sutskever, Jan Leike, OpenAI's, Leike, Altman, Sutskever, Helen Toner, Tasha McCauley, Adam D'Angelo, Ilya, Jakub Pachocki, Mira Murati, Murati Organizations: OpenAI, Hope, CNBC, Microsoft, Wired, Tuesday, Wall Street Locations: Atlanta, Leike, OpenAI

☆ R.F.K. Jr. Draws Another $8 Million From His Running Mate, Nicole Shanahan
▼ + stars: | 2024-05-16 | by ( Rebecca Davis O Brien | Chris Cameron | ) www.nytimes.com time to read: +1 min

Robert F. Kennedy Jr.’s running mate, the Silicon Valley investor Nicole Shanahan, said on Wednesday night that she had given another $8 million to their independent presidential campaign as it carries out the expensive endeavor of gaining ballot access across the country and tries to propel Mr. Kennedy onto debate stages. Ms. Shanahan, a lawyer who was formerly married to the Google co-founder Sergey Brin, gave the campaign $2 million shortly after Mr. Kennedy named her as his running mate in March. After a nod to the media, Ms. Shanahan said, “I think I know what they’re going to say — they’re going to say Bobby only picked me for my money,” a remark that drew laughter from the crowd. She followed performances by comedians including Russell Brand, Rob Schneider and Jim Breuer, a former “Saturday Night Live” cast member. Many of the performers praised Mr. Kennedy, but they also used their time onstage to rail against Covid vaccinations, Dr. Anthony S. Fauci, the mainstream news media and President Biden.

Persons: Robert F, Kennedy Jr, Nicole Shanahan, Kennedy, Shanahan’s, Shanahan, Sergey Brin, “, Bobby, ”, Russell Brand, Rob Schneider, Jim Breuer, Mr, Anthony S, Biden Organizations: Mr, PAC, Google Locations: Nashville, Ryman

☆ Inside the life and career of Larry Page, Google's co-founder and first CEO
▼ + stars: | 2024-05-15 | by ( Avery Hartmans | Lakshmi Varanasi | ) www.businessinsider.com time to read: +13 min

AdvertisementSo who is Larry Page and how did he get to where he is today? AdvertisementPage and Sergey Brin create GoogleGoogle co-founders Sergey Brin and Larry Page met as students at Stanford. Google's parent company, Alphabet, has developed self-driving cars through Waymo, the company formerly known as the Google Self-Driving Car project. Page's personal lifeGoogle cofounder Larry Page and his wife, the scientist Lucinda Southworth C Flanigan/FilmMagicThroughout it all, Page has kept information about his personal life closely guarded. Life after GoogleGoogle cofounder Larry Page bought Cayo Norte, an island in Puerto Rico.

Persons: —, Larry Page, Sergey Brin, Page, Sundar Pichai, Gloria, Carl Page —, Larry, what's, Nikola Tesla, he's, Brin's, BackRub, Brin, Eric Schmidt, Schmidt, Andy Rubin's, he'd, Andrew Kelly, Sergey, Lucinda Southworth C, Lucinda Southworth, Richard Branson, Page's, Carl Victor Page, Carl Page, He's, Hugh Langley Organizations: Service, Google, Business, Michigan State University . Education, Getty, Michigan State University, The, Montessori, Google Google, Stanford, Associated Press, University of Michigan, Labs, Reuters Page, Virgin Group, Investments, Carl Victor Page Memorial Foundation, Zee Aero, Pacific, Virgin Island, Atomic Locations: Michigan, Waymo, Toronto, Stanford, Caribbean, Palo Alto, Cayo Norte, Puerto Rico, Koop, Tavarua, Fiji

☆ What's the killer AI app for consumers? Google finally has a contender.
▼ + stars: | 2024-05-14 | by ( Alistair Barr | ) www.businessinsider.com time to read: +6 min

Read previewSince ChatGPT burst onto the scene in 2022, there's been no real "killer app" to get consumers embracing AI in massive numbers. The internet, possibly the biggest killer app of all, made us all buy smartphones, tablets, and a host of other connected devices. AI killer app contendersAt its IO developer conference on Tuesday, Google showed off some pretty amazing AI killer app contenders. A Google AI model lurking on the phone (and in the cloud) answered correctly. The Google AI agent captured all the dates, times, and other details and automatically loaded them into the user's Google Calendar.

Persons: —, there's, she'd, Warren Buffett, Bill Gates, Sundar Pichai, Sissie Hsiao, DeepMind's Hassabis, Pichai Organizations: Service, Business, Google, Astra, Microsoft Locations: London

☆ Ancient trees unlock an alarming new insight into our warming world
▼ + stars: | 2024-05-14 | by ( Rachel Ramirez | ) edition.cnn.com time to read: +5 min

And it’s an alarming signal as some scientists warn 2024 is on track to be be even hotter still. Under the Paris Agreement in 2015, countries agreed to restrict global warming to 2 degrees above pre-industrial levels. Using data taken from temperature instruments during this period, the scientists found the Northern Hemisphere summer in 2023 was 2.07 degrees Celsius warmer than the pre-industrial period. To do this, they used detailed sets of tree ring records from thousands of trees across nine regions of the Northern Hemisphere, including North America and Scandinavia, but excluding the Tropics which lack good tree data. While the study can place the extraordinary Northern Hemisphere heat into historical context, it cannot be applied on a global scale, Esper said.

Persons: Bruna Casas, don’t, Richard A, Brooks, Jan Esper, ”, Kim Cobb, Esper, “ I’m, Laura Paddison Organizations: CNN, Northern, Central America, Getty, Johannes Gutenberg University, Brown University, Southern Hemisphere Locations: Paris, Northern, North America, Scandinavia, Europe, Central, Barcelona, Spain, Tokyo, AFP, Germany

☆ Trump Voter Proved MyPillow's Mike Lindell Wrong. He Wants $5 Million.
▼ + stars: | 2024-05-12 | by ( Brent Crane | ) www.businessinsider.com time to read: +19 min

He called it the Prove Mike Wrong challenge. He entered the Prove Mike Wrong challenge with low confidence he would win the exorbitant pot, estimating he had a 0.5% chance of disproving Lindell's "evidence." He had indeed Proven Mike Wrong, and now Mike must pay. In March, during a rally in Wisconsin, Trump praised him as "the great, legendary Mike Lindell." Jared Bartman for BIUnder deposition in the arbitration proceedings over his refusal to pay Zeidman, Lindell was a tornado of evasion and contradiction.

Persons: Joe Biden's, Mike Lindell, Donald Trump, Lindell, Trump, Bob Zeidman, Zeidman chafed, Mark Zuckerberg, Zeidman, Dennis Montgomery, Montgomery, Lindell's, Mike, Carrie, I've, Jared Bartman, George W, Bush, Mitt Romney's, Barack Obama, Romney, God, Lara Trump, Trump's, MyPillow, Zeidman's, Brian Glasser, Glasser, Zeidman pities Lindell, Biden, He's, he'll Organizations: Trump, Democrats, Oracle, Google, CIA, US, Zeidman, BI, Cleveland Jewish, Republican, Democratic Party, White, Republican National Committee, Lindell, Voting Systems, eTreppid Technologies, Trump International, bewilderment, Lindell Management Locations: Sioux Falls , South Dakota, Sioux Falls, Al Jazeera, Las Vegas, Vegas, Minnesota, Sumerlin, Israel, Trump, Wisconsin, Nevada, Montgomery, Sin City, America

☆ Neom wants to build a 1,500-foot infinity pool that's almost 4 times longer than one in Dubai
▼ + stars: | 2024-05-11 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Saudi Arabia is planning to build the world's longest infinity pool in Neom's Treyam region. The plans dwarf Dubai's 393-foot-long infinity pool that's suspended between twin skyscrapers. AdvertisementSaudi Arabia is planning a spectacular infinity pool that will be almost 1,500 feet long. #Treyam #NEOM pic.twitter.com/syJG7hCZ34 — NEOM (@NEOM) March 20, 2024In a statement, Neom said the design "represents a harmonious fusion of contemporary design and minimal environmental impact while promising guests an unparalleled retreat to unwind and rejuvenate amidst breathtaking natural vistas." NeomIf completed, the pool would dwarf nearby Dubai's offering — a 393-foot-long infinity pool suspended between twin skyscrapers.

Persons: —, Neom, Prince Mohammed bin Salman's Organizations: Service, Planners Locations: Saudi Arabia, Treyam, Neom's Treyam, unwind, Aqaba, Neom's, Saudi

☆ The Annoying, Go-Getting Colleague: Beat Her or Emulate Her?
▼ + stars: | 2024-05-11 | by ( Roxane Gay | ) www.nytimes.com time to read: +3 min

Manager 1 and I frequently host trainings, too, but we never thought to brand them and tell the entire organization. Though I am angry she is playing the game better than I am, I don’t want my job to be a game! I prefer to come in and do a good job at my actual job description! But, with all the visibility she earns, I am beginning to feel like the work of my actual job isn’t what matters. There are ways of “playing the game” that don’t feel like you’re playing the game.

Persons: ”, You’re, —

☆ Atlantis The Royal, Dubai: Inside the Middle East’s ‘best’ hotel
▼ + stars: | 2024-05-07 | by ( Rebecca Cairns | ) edition.cnn.com time to read: +9 min

Atlantis, The Royal Atlantis, The Royal: The double-height bar is perfect for sunset cocktails — although you won't be making your own drinks, as there's a 24-hour bartender ready to make your favorites. Atlantis, The Royal Atlantis, The Royal: The triple-height library provides a secluded space to work, read or relax. Atlantis, The Royal Atlantis, The Royal: The entertainment room is kitted out with a 98-inch LED screen for a home cinema experience. Atlantis, The Royal Atlantis, The Royal: Every room has stunning views — including the marble-clad bathrooms. Atlantis, The Royal Atlantis, The Royal: Guests can enjoy designer amenities made by French fashion house Hermès, as well as bespoke gold toothbrushes, combs and brushes.

Persons: Swedish House Mafia —, there’s, ”, Tom Roelens, There’s, Cabana, Rebecca Cairns, Kendall Jenner, “ We’ve, we’ve, Graff, bathrobes, Jay Z, Louis, Valentino —, “, it’s, Estiatorio Milos, Costas Spiliadis, — Organizations: CNN, Swedish House Mafia, Royal, Atlantis Resorts, Dolce, Gabbana, cabanas, Atlantis, “ Royal, Nobu, —, Chefs, Sky Locations: Dubai, Beyoncé, isn’t, Arabian, Atlantis Royal Dubai

☆ China's hype video for its lunar base showed what looked like a NASA Space Shuttle lifting off, which it then realized and tried to fix
▼ + stars: | 2024-05-06 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

China's new teaser for its lunar base appeared to show a NASA Space Shuttle taking off. The Space Shuttle was later blurred out in a state media version of the CGI video. AdvertisementA new concept video showcasing China's planned lunar base appeared to feature a NASA Space Shuttle lifting off from the facility — a detail that was then omitted in a later broadcast of the clip. Related storiesIt's unclear if showing a Space Shuttle was intended by China's space administration, but the spacecraft using a Chinese base in 2045 would be nearly impossible. Beijing says it plans for its international lunar base to be built jointly by other countries as a collaborative effort.

Persons: —, CNSA, It's, Artemis Organizations: NASA Space Shuttle, Shuttle, Service, China National Space Administration, Research, American, NASA, Space, Orbiter, Getty, Orion Spacecraft, Elon, SpaceX, International Space, Space Shuttle, Business Insider Locations: China, Beijing

☆ The UK could need an Israeli-style Iron Dome air defense system, says former US national security advisor
▼ + stars: | 2024-05-05 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +5 min

Read previewFormer US National Security Advisor General HR McMaster has said the UK must prepare for possible future conflicts by building an Israeli-style Iron Dome air defense system. Indeed, the UK is considering developing its own Iron Dome air defense system amid growing tensions with Russia and its allies. The Israeli modelMissiles launched from the Iron Dome defense system attempt to intercept a rocket fired from Gaza strip. Related storiesIsrael's short-range Iron Dome is a mobile all-weather air defense system that has been in service since 2011. Aside from internal discussions on an Iron Dome, the UK is in talks to join Europe's aerial defense system.

Persons: —, McMaster, Adm, Sir Tony Radakin, Michael Clarke, Clarke, MAHMUD HAMS, Rishi Sunak, Israel, Aleksey Zhuravlyov, Putin, Vladimir Solovyov, I've, T6GN35UGtG — Anton Gerashchenko Organizations: Service, US National Security, McMaster, LBC, Business, Britain's Armed Forces, Iron, Getty, UK, Newsweek, Design, Sky, UK Ministry of Defense, NATO Locations: United Kingdom, United States, Israel, Russia, Europe, China, Iran, North Korea, Gaza, AFP, London, Ukraine, British, Russian, Baltic

☆ One of Mt. Everest's deadliest passages is growing even more treacherous
▼ + stars: | 2024-05-04 | by ( Ellyn Lapointe | ) www.businessinsider.com time to read: +6 min

A 1.6-mile stretch of slowly cascading ice just above Base Camp called the Khumbu Icefall. The Khumbu Icefall looks like a frozen waterfall. They're called the Icefall Doctors, and this year, they delayed Everest's climbing season by 12 days due to unsafe conditions on the Khumbu Icefall. Between 1953 and 2019, 45 people lost their lives on the Khumbu Icefall. Everset's history, 15 of the 18 total deaths were caused by acute mountain sickness, falls, and disappearances.

Persons: They're, Paul Mayewski, Mount, climatologist, Olaf Rieck, Alan Arnette, Mayewski, Jason Maehl, there's, Arnette Organizations: Service, Business, Mount Everest, University of Maine, Wikimedia, Everest, AMS Locations: Everest, Everest's, Mt

☆ Move over, Barbenheimer: Critics say Ryan Gosling and Emily Blunt's 'The Fall Guy' could be the next great summer blockbuster
▼ + stars: | 2024-05-03 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +5 min

Critics highlight the strong chemistry between stars Ryan Gosling and Emily Blunt. But what he's elevated here with "The Fall Guy" is telling the story within a movie-in-a-movie structure. "The Fall Guy" features everything from Phil Collins' "Against All Odds (Take A Look At Me Now)" to Taylor Swift's "All Too Well." AdvertisementEmily Blunt and Ryan Gosling are a perfect tandem, giving the movie a rom-com vibeRyan Gosling and Emily Blunt in "The Fall Guy." "The Fall Guy" definitely has that vibe with its lighthearted tone and thrills.

Persons: Ryan Gosling, Emily Blunt, Guy, —, Lee Majors, Colt Seavers, Aaron Taylor, Johnson, David Leitch, Here's, Leitch, Drew Pearce, Chris O'Hara, Eric Laciste, Phil Collins, Taylor, Katie, Gosling, Blunt, Lovia Gyarkye, David Fear, Jonathan Sela, Peter Debruge Organizations: Rotten, Service, Universal Pictures, Universal, Hollywood, Variety Locations: Hollywood

☆ These 70 House Democrats and 21 Republicans voted against a bill to crack down on antisemitism on college campuses
▼ + stars: | 2024-05-01 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +4 min

70 House Democrats voted against it, including the longest-serving Jewish House Democrat. AdvertisementThe House of Representatives passed a bill on Wednesday designed to crack down on antisemitism on college campuses. The bill sailed through by a 320-91 bipartisan vote, with 70 House Democrats and 21 House Republicans voting against it. In December, Nadler also led 92 House Democrats in voting "present" on a GOP-sponsored resolution that equated anti-Zionism with antisemitism. 13 House Democrats voted against the resolution outright.

Persons: —, Mike Lawler, That's, Jerry Nadler —, Nadler, Hakeem Jeffries, Mike Johnson, Marjorie Taylor Greene, Jesus Christ, Jesus, Herod, Read, Y0eeOiVfnw —, Marjorie Taylor Greene 🇺🇸 ( Organizations: Jewish House Democrat, Service, Democrats, Republicans, Lawmakers, Republican Rep, of Education, International Holocaust, Alliance, State, Jewish House, Department of Education, Department, Education, GOP, Interagency, Force, House, Catholic Locations: York, Israel, Georgia

☆ No, the electric vehicle market isn’t crashing. It just needs recharging.
▼ + stars: | 2024-05-01 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +7 min

The second is the rate of EV sales growth is slowing, at least temporarily. The EV market is not collapsing, experts say, it’s just entering a new phase. Teslas still make up slightly more than half of all the electric vehicles sold in America, according to a report from Cox Automotive. But, just one year ago, Tesla produced more than 60% of all the EVs sold America. After having trouble cranking up production of its new generation of electric vehicles, GM seems to be accelerating.

Persons: it’s, ”, Coco Zhang, “, Teslas, Tesla, Cox, Ford, China’s Geely, Michael Lenox, Corey Cantor, Cantor, ” Cantor Organizations: New, New York CNN, International Energy Agency, ING, CNN, Cox Automotive, Ford, General Motors, Blazer, European Federation for Transport, Volvo, EV, China Passenger Car Association, University of Virginia, Bloomberg New Energy Finance, Vehicles, Chevrolet Bolt, Dodge Locations: New York, That’s, EVs, America, China, Europe, United States, ’

Washington CNN —President Joe Biden on Saturday night will attend the White House Correspondents’ Dinner, giving the president a stage and primetime slot to needle the media and his rival former President Donald Trump. “I haven’t had a chance to watch the court proceedings because I’ve been campaigning,” Biden told supporters at a campaign reception in New York Thursday, according to pool reports. While Biden has delivered many of these speeches before, the stakes for what could be his last White House Correspondents’ Dinner are high. “He’s the entertainer.”Administration officials said Katzenberg led daily strategy sessions in the White House residence this week to tweak Biden’s comedy set drafted by longtime speechwriter Vinay Reddy. Biden administration officials said they sought to share that concern with Kelly O’Donnell, president of the White House Correspondents’ Association and senior White House correspondent for NBC News, and with Jost’s team in NBC’s entertainment division as well.

Persons: Joe Biden, Donald Trump, Biden, Calvin Coolidge, Trump, “, I’ve, ” Biden, he’d, Jeffrey Katzenberg, Katzenberg, punchlines, Vinay Reddy, Mike Donilon, Steve Ricchetti, Anita Dunn, Karine Jean, Pierre, Annie Tomasini, Live’s Colin Jost, Kelly O’Donnell, ” O’Donnell, –, “ He’s, ”, Rob Flaherty, Dan Cluchey, Jon Macks, Jay Leno ”, Seth Meyers, – Biden, Barack Obama, Lil Jon, Gary Busey, ” Obama, Osama bin Laden Organizations: Washington CNN, White, Trump, Biden, Dreamworks, CNN, New York City –, Republican, ’ Association, White House, NBC News, Gridiron Locations: New York, Ukraine, Israel, Gaza, White, New York City, Washington

Whispering in the ears of the billionaires and celebrities doing the buying, however, are investment bankers. Like other sports bankers BI interviewed for our list of top sports bankers, he exemplified a good-humored, approachable attitude, including joking about his many sports allegiances. Related stories"Earlier in my career, I made the mistake of telling Bob Kraft that I was a New York Jets fan," Carey told BI recently. They're obsessive Jets fans, and they're just fans because I'm a Jets fan," Neville told BI. So that's why we'll be Jets fans forever."

Persons: it's, Goldman Sachs, Greg Carey, everyone's, Carey, Colin Neville's, he's, David Beckham, Steve Ballmer, Joe Tsai, Ballmer, Tsai, Neville, Andrew Kline, Kline, Bob Kraft, I'm, Robert Tilliss, There's, Abramovich, Vladimir Putin, Todd Boehly, Joe Lenehan, Michael Arougheti, David Rubenstein's, doesn't, there's Organizations: NBA, JPMorgan, Business, The, PJT Partners, Chelsea FC, Baltimore Orioles, Sports, Goldman, Endeavor, WWE, Microsoft, Beckham's, Los Angeles Clippers, Brooklyn Nets, Barclays Center, St, Louis Rams, Los Angeles Rams, Golden State Warriors, Miami Heat, Harvard, US Rugby National, Cal, New York Jets, BI, Patriots, Giants, Rays, Chelsea, Circle, Atlanta Hawks NBA, New York Mets, NFL, soccer's Premier League, Russian, Chelsea football, LA Dodgers, Yankees, Manchester United Games, Jets, we'll Locations: European, Los Angeles, Berkeley, Barcelona, Ukraine, New York

☆ Bitcoin halving isn't a big deal for long-term investors, but may have a 'huge' impact on one key group, says Columbia professor
▼ + stars: | 2024-04-19 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +3 min

Bitcoin's "halving" is expected to happen soon. But its potential impact depends on your relationship to the coin; it's likely to affect miners and investors differently. "To the people who own bitcoin because they think it's a good store of value, this halving is not that big of a deal. Miners receive bitcoins, known as block rewards, for verifying and validating transactions and helping keep the blockchain network secure. What the bitcoin halving may mean for investorsWhile the halving itself doesn't directly impact bitcoin's price, investors' anticipation of the event can lead to highly erratic price movements, says Douglas Boneparth, a certified financial planner and president of Bone Fide Wealth.

Persons: Douglas Boneparth, Boneparth, Malekan Organizations: Columbia Business School, Architecting, Money, CNBC, Bone, Miners

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