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☆ A top TikTok shopping exec explains its US growth strategy, from partnering with agencies to building up livestreaming
▼ + stars: | 2024-10-25 | by ( Dan Whateley | ) www.businessinsider.com time to read: +7 min

TikTok Shop is preparing for the holiday season as it crosses one year since its US launch. The company is pushing live shopping, influencer partnerships, and other selling tactics. The company has courted a roster of creators to promote products in exchange for a commission on sales. Related storiesHow do you think about introducing TikTok users to live shopping? I am really curious about this idea of the TikTok Shop creator ... How do you think about working with that cohort and using them to help grow the platform?

Persons: Nico Le Bourgeois, —, TikTok, Le Bourgeois Organizations: Service, Business, TikTok, Amazon, Walmart Locations: China, New York, LA, Seattle

☆ A new ETF could disrupt the trillion-dollar money market fund industry. What to know
▼ + stars: | 2024-10-25 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +4 min

Total money market fund assets have ballooned to more than $6.5 trillion, according to the Investment Company Institute. Traditional money market fund transactions take place at the end of each trading day, while ETFs trade constantly during market hours. How it works The Texas Capital ETF holds very short-term fixed income instruments, similar to traditional money market funds. It will abide by rule 2a-7 , a U.S. Securities and Exchange Commission regulation that governs the liquidity of holdings in traditional money market funds. Looking forward The potential market for a money market ETF is massive.

Persons: Michael Carbone, That's, Richard Leimgruber, Jeff Schwartz, Brad Roth, Roth Organizations: Texas Capital, Money Market, Federal Reserve, Investment Company Institute, CNBC, U.S . Securities, Exchange Commission, Wealth, ICI, The Texas Capital, Thor Financial Technologies Locations: Texas, Chelmsford, Mass, Tarrytown , New York

☆ I'm a horror fan who's seen the first 9 'Saw' movies. Here are the 3 you must watch and 6 you should skip.
▼ + stars: | 2024-10-25 | by ( Amory Rose | ) www.businessinsider.com time to read: +1 min

Watch: "Saw" (2004) lives up to its horror fame, especially for viewers who don't know the major twists. The Jigsaw Killer puts his victims through deadly games. Lionsgate FilmsThe first "Saw" movie became an instant classic in the horror genre. Its biggest draw is the mystery of who the Jigsaw Killer (Tobin Bell) is, plus it has two major plot twists that feel genuinely impossible to predict. The film also had interesting hints to look out for, unlike later "Saw" movies that complicated information.

Persons: Tobin Bell, — Cary Elwes, Danny Glover, Bell —, Amanda Young's, Shawnee Smith, Lawrence Gordon's, Elwes, Billy Organizations: Lionsgate Films Locations: Shawnee

☆ Just the Facts – US Population: Steve Ballmer Talks Through the Numbers
▼ + stars: | 2024-10-25 | by ( ) www.businessinsider.com time to read: +10 min

Watch and get the facts about the US population and how America lives. I am Steve Ballmer, I spent 34 years growing Microsoft, 10 years owning the LA Clippers basketball team. For men, that's actually a six percentage point increase since 1960, but the share of young women living at home is up 20 percentage points. Let's look at six different groups of people based upon Census Bureau data. First, let's look at people who identify as white, but not Hispanic.

Persons: Steve Ballmer, USAFacts, That's, that's, I've Organizations: Insider Studios, Watch, LA Clippers, Census Bureau, US Census Bureau, Seattle, Medicare Locations: America, United States, Russia, China, Brazil, Canada, Texas, New York, North Dakota

☆ College in the US was too expensive, so these students opted for Europe
▼ + stars: | 2024-10-25 | by ( Erin Liam | ) www.businessinsider.com time to read: +11 min

As college tuition fees soar, more American students are going abroad. Beyond cheaper tuition, college abroad can offer multiple benefits, including exposure to new cultures. It sounded like a dream to her: a chance to live abroad and earn an affordable college degree. Now, out of the 350 high school students his company works with yearly, 10 to 20% apply to college abroad, he said. Related storiesThe benefits of college abroad go beyond costIn many US colleges, students declare a major after their freshman year.

Persons: —, Liza Jean Miezejeski, James Edge, he's, Greg Kaplan, Robert Harry, it's, Edge, Jacob Zeidberg, Lou Zeidberg, Harry, It's, Zeidberg, Jennifer Zeidberg, Scarlett Kiaras, Attari, Kaplan, There's, Mrozek, Amanda Mrozek Amanda Mrozek, Miezejeski, hasn't, I've Organizations: Institute of International Education, Service, Colleges, National Center for Education Statistics, U.S . News, Pepperdine University, Kent School, Europe College, Ireland, Toulouse Business School, University of Oxford, Oxford, Central Michigan University, Miezejeski, University of Connecticut Locations: Europe, Germany, Connecticut, Prague, Brussels, New York, America, Malibu, Netherlands, Japan, France, Kentucky, Scotland, undergrad, Edinburgh, Portugal, American, Canada, Italy, Boston

☆ Advice for aspiring marketing leaders from Citi CMO Alex Craddock
▼ + stars: | 2024-10-25 | by ( Julia Hood | Will Wei | ) www.businessinsider.com time to read: +2 min

Alex Craddock: I think as I sort of reflect on my career, there's probably four things that have really helped me be successful. I think as a marketer in a world that is evolving very, very fast, you need to be endlessly curious. I think what is interesting about the world that we work in today, whatever function you are in, no one can actually deliver on their own. It's so big and broad now as a CMO, you can't do it on your own. And I think if you want to be a successful leader, you've got to be kind and you've got to be able to lead with compassion and create that human connection.

Persons: Alex Craddock, there's, there'll, It's, we've, you've, We're

☆ How to talk about politics when traveling abroad
▼ + stars: | 2024-10-24 | by ( Kim Davis | ) edition.cnn.com time to read: +11 min

So how can you talk politics when traveling abroad without offending others, looking stupid or starting a bar fight? Now, when I travel, I like to ask people about how American politics directly affect their lives. Let the other person talk firstPeople have different intentions of why they want to talk politics with you. But if you want to talk about politics abroad, you might want to consider how the locals communicate and adapt your style. She is American by birth, with European ancestry and British residence, giving her a global perspective on what it’s like to be an American abroad.

Persons: Giles, Guven, Queen Elizabeth II, Kenny Rogers, “, “ They’re, Caffè Florian, Andrea Pattaro, I’ve, doesn’t, it’s, ” “, ” You’ll, Kim Davis Organizations: CNN, Cathedral Locations: Scotland, England, United Kingdom, St, Edinburgh's, New York, London, Asia, Europe, Venice, AFP, United States, Paris, American

☆ Investors need to moderate their return expectations for Indian equities: Dhiraj Relli
▼ + stars: | 2024-10-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors need to moderate their return expectations for Indian equities: Dhiraj RelliDhiraj Relli of HDFC Securities discusses the current valuation levels of the Indian markets and says that local debt is an interesting asset class to consider.

Organizations: HDFC Securities

☆ Why Walmart stock keeps hitting new highs, making the Waltons richer than ever
▼ + stars: | 2024-10-24 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +7 min

Walmart stock has soared 58% this year to record highs, making its founding family richer than ever. Retail legend Sam Walton's three surviving children are each worth more than $100 billion. Walmart and the Waltons have benefited from a signature strategy and cost pressures on consumers. The stock surge has added more than $32 billion to the fortunes of each of founder Sam Walton's three surviving children — Jim, Rob, and Alice. But it's true the vast majority of the family fortune remains in the hands of Sam Walton's children.

Persons: Sam Walton's, —, they're, Jim, Rob, Alice, Elon Musk, David King, who've, King, Art Weinstein, Florida who's, Weinstein, Sam Walton shrewdly, . King, Jeff Bezos, Mark Zuckerberg, Sam Walton, John T, Lukas Walton, it's Organizations: Walmart, Waltons, Service, Bloomberg, Elon, Sam's, Management, Florida State University, Logistics, Procter, Nova Southeastern University, Tech, Tesla, SpaceX, Amazon Locations: Florida

☆ 2024 WNBA season: A historic year for women’s basketball, both on and off the court
▼ + stars: | 2024-10-24 | by ( Thomas Schlachter | ) edition.cnn.com time to read: +12 min

CNN —With confetti falling from the rafters, a boisterous Brooklyn crowd bellowing and the victorious New York Liberty celebrating, the curtain fell on the 2024 WNBA season. ‘The perfect storm’The latest edition of the WNBA season had all the hallmarks for booming success, with all the pieces falling into place almost serendipitously. The Fever superstar also set rookie season records for both points and three-pointers made and became the first rookie to get a triple-double. Las Vegas Aces star A'ja Wilson was named WNBA MVP for the third time following the 2024 season. It’s super exciting and kind of crazy to say that.”The New York Liberty beat the Minnesota Lynx to win the 2024 WNBA Finals at Barclays Center.

Persons: LaChina Robinson, Caitlin Clark, Angel Reese, it’s, ’ ” Robinson, Robinson, –, agonizingly, Liberty –, Sarah Stier, ” Robinson, “ I’m, “, Chelsea Gray, Charisma Osborne, ” Osborne, They’ve, Clark, Reese, A’ja Wilson, Darron Cummings, Osborne, “ It’s, UConn’s irrepressibly, Paige Bueckers, Wilson, “ We’ve, ”, A'ja Wilson, Kirby Lee, they’ve, Maya Moore, Diana Taurasi, we’ll, Wendell Cruz, Gray, I’ve Organizations: CNN, New York Liberty, WNBA, CNN Sport, Minnesota Lynx, Liberty, Barclays Center, Phoenix Mercury, Aces, ESPN, UCLA, Indiana, Chicago Sky, Sky, Las Vegas Aces, USA, Sports, Reuters, YouTube, Area Locations: Brooklyn, Nevada

☆ 'You have to not be afraid to ask the obvious questions': How The Wall Street Journal's editor is remaking the paper
▼ + stars: | 2024-10-24 | by ( Peter Kafka | ) www.businessinsider.com time to read: +11 min

Emma Tucker became The Wall Street Journal's first-ever female editor-in-chief in 2023. So we're doing things to make our audiences engaged, rather than thinking about "this is how we do things." What's not useful to Wall Street Journal readers? I mean, the amount of time that people spend reading The Wall Street Journal has gone up. And the one thing I can say with absolute certainty is there is a place for Evan at The Wall Street Journal.

Persons: Emma Tucker, Joe Biden's, Evan Gershkovich, —, Murdoch, Joe Biden, Weeks, Biden, Tucker, Joe, It's, Mike Johnson, Kevin McCarthy, I've, there's, You've, We've, We're, we've, you've, Evan Organizations: Service, Sunday Times, Washington, Wall Street, Street Locations: Joe Biden's, England, Russia

☆ I was 21 when I had my first colonoscopy. It was a wake-up call that I needed to change my lifestyle.
▼ + stars: | 2024-10-24 | by ( Cailey Griffin | ) www.businessinsider.com time to read: +5 min

Having a colonoscopy served as the wake-up call she needed to make lifestyle changes to improve her health. I've struggled with constipation and bleeding with bowel movements since childhood. When I was 16, I decided to become vegan, but I was still eating a high-processed vegan diet, so the change didn't help my digestive issues. The bleeding with bowel movements continued on and off through adulthood but got continuously worse with age. After the colonoscopy and lifestyle changes, now at 25, I experience bleeding or pain with bowel movements maybe once a year.

Persons: Gabriella Parker, —, I've, they'd Organizations: Service, American Cancer Society

☆ Traders seeing possible opportunity in Starbucks and high-yield bonds ahead of Thursday's session
▼ + stars: | 2024-10-24 | by ( Frank Holland | In Frank-Holland | ) www.cnbc.com time to read: +2 min

(This is a wrap-up of the key money moving discussions on CNBC's "Worldwide Exchange" exclusive for PRO subscribers. Plus, they are reacting to Tesla earnings and watching an interesting bond opportunity outside of Treasuries. Worldwide Exchange pick: Starbucks Earlier this week, Starbucks (SBUX) pulled its profit outlook and said sales last quarter tumbled in a release of preliminary results. Opportunity in high yield bonds Joanna Gallegos of BondBloxx said while Treasury yields are higher since the Federal Reserve rate cut in September, she is seeing the best opportunity in high yield bonds. She recommended high yield bond ETFs: BondBloxx CCC Rated USD High Yield Corporate Bond ETF (XCCC) with a yield above 10% and the BondBloxx BB Rated USD High Yield Corporate Bond ETF (XBB) with a yield above 6%.

Persons: Tesla, George Gianarikas, Cannaccord Genuity, Matt Powers, Brian Niccol, Joanna Gallegos, BondBloxx, Gallegos Organizations: PRO, Worldwide, Starbucks, Powers Advisory, Federal Locations: Treasuries

☆ Key lines from Kamala Harris’ town hall on CNN
▼ + stars: | 2024-10-24 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +12 min

CNN —Vice President Kamala Harris tried to engage undecided and persuadable voters at a CNN town hall in Delaware County in the key state of Pennsylvania on Wednesday. Vice President Kamala Harris participates in a CNN Presidential Town Hall moderated by CNN’s Anderson Cooper in Delaware County, Pennsylvania, on October 23, 2024. Rebecca Wright/CNNFor people looking for specifics on policy, Harris did not offer many details, although she did talk about a new $6,000 child tax credit for newborns and addressing housing affordability. HarrisCNN’s Anderson Cooper moderates a CNN Presidential Town Hall with Vice President Kamala Harris in Delaware County, Pennsylvania, on October 23, 2024. HarrisOn banning fracking in particular, Cooper asked an important question.

Persons: Kamala Harris, Donald Trump, CNN’s Anderson Cooper, Trump’s, John Kelly, they’re, He’s, Cooper Harris, Kelly, Harris Cooper, Harris, Trump, ” Harris, –, Harris Harris, Rebecca Wright, Republicans – haven’t, We’ve, Harris That’s, Liz Cheney, what’s, I’ve, Biden, dissing Joe Biden, Joe Biden, Cooper, Harris CNN’s Anderson Cooper, CNN Cooper, I’m, COOPER, HARRIS, …, Esther, ‘, Harris Esther, – Harris, ”, ” He’s Organizations: CNN —, CNN, Trump, New York Times, Trump Republicans, Democrat, CNN Presidential, Democrats, Republicans, Hall, United, Democratic, fracking Locations: Delaware County, Pennsylvania, Delaware County , Pennsylvania, Wade, Israel, United States, Persia, California

☆ I weighed 325 pounds at my heaviest. I lost almost half my weight by cutting down portions and moving more.
▼ + stars: | 2024-10-24 | by ( Jane Ridley | ) www.businessinsider.com time to read: +4 min

He lost 145 pounds — and had kept it off — by eating "whatever I wanted," but in smaller portions. They taught me about the kinds of healthy foods I should include in my diet, and I paid attention to them, but I didn't exercise. It was large enough to divide into three different servings, but I'd eat the whole thing plus the bread that came with it. I'd eat anything with a nice custard filling. I dropped 30 pounds, then 50 pounds, then 100 pounds.

Persons: Stephen McKenna's, —, Stephen McKenna, I'd, Stephen Organizations: Service, Sports, Business Locations: Boston, Italian

☆ Any other CEO would have been fired for what Elon Musk just said
▼ + stars: | 2024-10-23 | by ( Allison Morrow | ) edition.cnn.com time to read: +5 min

Musk later deleted his X post that called the interview “very interesting” and “worth watching,” per the Independent. Musk rarely deletes his social media posts, no matter how inflammatory. Musk is the single biggest individual shareholder at Tesla, the only publicly traded business he owns. Litigation is a key part of the Musk playbook when it comes to any person or group challenging him or his businesses. Angry at advertisers for leaving his Nazi-tolerating social media site, Musk sued a nonprofit ad group out of existence.

Persons: CNN Business ’, Tweeting, ICYMI, Elon Musk, Musk, Hitler, Tucker Carlson’s, Winston Churchill, ”, Tesla, —, Kimbal Musk, Kathaleen McCormick, MAGA, it’s, ” Dan Ives, “, Grimes Organizations: CNN Business, New York CNN, Spiegel, Nazi, Independent ., Tesla, CNN, Trump, Wedbush Securities, SpaceX, NASA, Space, Boeing Locations: New York, Delaware, California

☆ I raised my kids in Denmark. When we returned to the US, they were far more independent than their American peers.
▼ + stars: | 2024-10-23 | by ( Jane Ridley | ) www.businessinsider.com time to read: +5 min

The family was shocked and disappointed by the coddling of kids when they returned to the US. She was featured in "The Danish Secret to Happy Kids," a new book that champions Nordic parenting. It was a complete 180 from our experience in Denmark, where the kids understood to be careful. The children set the table and helped themselves from a big dish in the middle. But we're grateful we had the chance to raise our children in Denmark — at least for a while.

Persons: Becca Itkowitz, —, I, It's, Max, we'd, Evan, I'd Organizations: Service, Nordic, Business, Denmark — Locations: Denmark, Illinois

☆ Cure for America's High Real Estate Prices: Build More Weird Homes
▼ + stars: | 2024-10-23 | by ( Ned Resnikoff | ) www.businessinsider.com time to read: +12 min

Take Los Angeles, where about three-quarters of residential-zoned land in 2021 was zoned exclusively for developing single-family housing. This country needs to build more homes, but there's no reason all those new homes need to look the same. Tokyo has homes in all shapes and sizes: detached single-family homes, attached row houses, small apartment buildings, midsize apartment buildings, and colossal residential high-rises. Allow apartment buildings with one staircase: Making it legal to build more apartment buildings with only one staircase would substantially reduce construction costs and allow for apartment buildings to be built on smaller lots. People who really like single-family homes should still have access to single-family homes.

Persons: —, we'll, homebuilders, Stephen Smith Organizations: sameness, Center for, The New York Times Locations: United States, Levittown , New York, Los Angeles, Connecticut, Levittown, Tokyo, American, Japan, North America

☆ Carbon capture: Scientists say the slime in your dishwasher could unlock a solution to global warming
▼ + stars: | 2024-10-23 | by ( Issy Ronald | ) edition.cnn.com time to read: +5 min

CNN —Scientists have scoured the depths of the ocean and outer space for microbes to help slow global warming. “Unusual colors, smells, textures, and other data” can help scientists identify areas of interest, Tierney said. The World Economic Forum named microbial carbon capture as one of the world’s top emerging technologies in a June report, but the technology is still in its infancy, with companies running pilot-scale programs to test commercial viability. Carbon capture — which includes a range of technology from huge vacuum-type facilities able to suck climate pollution from the air to carbon-absorbing sponges — remains controversial as a climate solution. “That’s why these technologies make sense in places where such energy is available in a sustainable manner.”The potential uses of extremophile microbes in biotech extend beyond carbon capture, according to Tierney.

Persons: Braden Tierney, ” Tierney, —, Tierney, ”, Wilfried Weber, isn’t, Weber, ” Ara Katz Organizations: CNN —, Seed, Health, CNN, “, Volunteers, Leibniz Institute for New Materials, Economic, UN, Seed Health Locations: United States, Vulcano, Germany, dishwashers

☆ National Geographic reveals its top destinations for 2025
▼ + stars: | 2024-10-22 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +5 min

CNN —The hottest revival trend in travel for 2025? That would be “fun,” according to National Geographic editor-in-chief Nathan Lump, who spoke exclusively to CNN ahead of the Tuesday reveal of Best of the World 2025, the brand’s annual list of the most thrilling and purposeful travel experiences for the year ahead. Cork has “always been a fun city with a vibrant culture … and an incredibly warm local population,” says Lump. Big-hitters with new attractionsThere are also some destinations on the list that are never short of a visitor or two, such as Bangkok and Los Angeles. In the Thai capital, National Geographic is highlighting the ongoing restoration work at Wat Chaiwatthanaram, a 17th-century Buddhist temple and one of the country’s most important monuments.

Persons: Nathan, ”, That’s, It’s, “ Oppenheimer, Cillian Murphy, George Lucas, “, “ we’ve, it’s, Kanazawa Organizations: CNN, National Geographic, Teatro, Basque Block, Geographic, Wat, Lucas Museum, “ Star, Oriental Express, Malaysia, Malayan Locations: Guadalajara, Mexico, Boise , Idaho, Basque, United States, Cork, Bangkok, Los Angeles, Thai, Wat Chaiwatthanaram, “, …, Crenshaw, Exposition, British Columbia, Guatemala, India, Antigua, Ladakh, Greenland, North America, Japan, Kanazawa, Kyoto, Florida, Sweden, Tunisia, Indonesia

☆ I lived in a hacker house for the summer when I was 18. It changed my career trajectory completely and I left college.
▼ + stars: | 2024-10-22 | by ( Jen Glantz | ) www.businessinsider.com time to read: +7 min

Jonah Weinbaum joined a hacker house to work on a neurotech project in summer 2023. Living in the hacker house shifted Weinbaum's career focus from academia to entrepreneurship. AdvertisementThis as-told-to essay is based on a conversation with Jonah Weinbaum, a 19-year-old who moved into a hacker house during the summer of 2023. Living in the hacker house changed the career path I was onBefore this experience, I was confused about what path to take. AdvertisementMy time in the hacker house taught me how to take a problem and investigate it intensely for a short period.

Persons: Jonah Weinbaum, —, We'd, I've, I'm Organizations: Service, University of Michigan, Emergent Ventures Locations: Ann Arbor, Michigan, Washington, Canada, Russia, California, Francisco, Texas

☆ More startups are being spun out of Klarna than any other European fintech unicorn
▼ + stars: | 2024-10-22 | by ( Ryan Browne | ) www.cnbc.com time to read: +4 min

Accel labels these companies "founder factories," on the basis that they have become breeding grounds for talent that often go on to establish their own firms. However, most of the biggest fintech founder factories come from Europe. Asked about why Klarna topped the ranking of fintech founder factories in Europe, Bocchio said: "Klarna is an organization that is coming of age now." Nearly two-thirds (61%) of companies founded by former employees of fintech unicorns were founded in the same city as the unicorn, according to Accel. This, he said, "speaks to the maturity and appetite" of individuals within Europe's fintech founder factories.

Persons: Block's, Nikolas Kokovlis, Luca Bocchio, Sebastian Siemiatkowski, Siemiatkowski, Klarna, Accel's Bocchio, Bocchio Organizations: Nurphoto, Getty, Accel, Klarna, CNBC, London Locations: Europe, London, Berlin, Stockholm, Israel, Europe's

☆ Here’s what’s behind the surprising rise in yields since the Fed started cutting
▼ + stars: | 2024-10-22 | by ( Jeff Cox | ) www.cnbc.com time to read: +3 min

The reason why Treasury yields are rising isn't complicated — it's because investors are demanding more compensation for the risk they are taking when buying government debt. From a market standpoint, the burst higher in Treasury yields can be told through the "term premium." The moves higher in the term premium closely replicate those of other Treasury yields. However, traders are growing less certain about December, even though the Fed last month penciled in another 50 basis points in cuts this year. "The rise in term premium is the result of higher real interest rates and stronger economic data.

Persons: Donald Trump, David Rosenberg, Trump, Kamala Harris, Joseph LaVorgna Organizations: Federal Reserve, Treasury, Republican, Rosenberg Research, Trump, Democratic, Fed, Nikko Securities Locations: U.S, Nikko

☆ Suki Waterhouse pranks Robert Pattinson into thinking she wants to host ‘Love is Blind’ with him
▼ + stars: | 2024-10-21 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +1 min

CNN —Suki Waterhouse can add prankster to her list of superlatives. During her call to Pattinson, Waterhouse tried tricking the “Batman” actor into thinking that she had received an offer to be the host of the Netflix reality dating show “Love is Blind.”“What an interesting turn of events,” Pattinson responded awkwardly. Earlier in the video, Waterhouse told a wild story to her father Norman Waterhouse about urgently needing foot surgery that would come at a price of $150,000 and require the cancelling of her tour. “I’m going to go into surgery in a couple of hours,” Waterhouse convincingly fibbed. When her exasperated father, who’s a real-life surgeon, offered a profanity-laced reaction as he tried to convince her to stop, Waterhouse broke character and fessed up.

Persons: Suki Waterhouse, Daisy Jones, Elle magazine’s, Robert Pattinson, Zoë Kravitz, Pattinson, Waterhouse, ” Pattinson, “, ”, Norman Waterhouse, “ I’m, ” Waterhouse, who’s, that’s Organizations: CNN, Netflix Locations: ”

☆ An airport sick of cars clogging its drop-off zone imposed a 3-minute cap on hugs
▼ + stars: | 2024-10-21 | by ( Hannah Abraham | ) www.businessinsider.com time to read: +3 min

Dunedin Airport has limited farewell hugs to three minutes at its dropoff zone. Dan De Bono, Dunedin Airport's chief executive, said the new rule had caused some controversy. Dunedin Airport in New Zealand's South Island erected a sign reading: "Max hug time three minutes. According to its 2023 annual report, Dunedin Airport was the fifth-busiest airport in New Zealand, with 920,349 passengers that year. Last year, parking revenue at Columbia was 20% higher than airline revenue, the publication said.

Persons: Dan De Bono, —, Max, Dan de Bono, Bono, De Bono, Kim Crafton, Atlanta's, Rod Dennis Organizations: Dunedin Airport, New, Dunedin Airport's, Service, Dunedin, Radio New Zealand, Columbia Metropolitan Airport, Wall Street Journal, Columbia, The Times, Stansted —, Atlanta's Hartsfield, Jackson, Dubai International, RAC Locations: Dunedin, New Zealand, New, South Carolina, Heathrow, Gatwick, Manchester, Dubai

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