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☆ So far, no Black lawmakers on Capitol Hill have called on Biden to step aside as the Democratic nominee. Why it matters.
▼ + stars: | 2024-07-08 | by ( John L. Dorman | ) www.businessinsider.com time to read: +6 min

Read previewOn Sunday, President Joe Biden once again found himself in Philadelphia, a city that has played a crucial role in his political life. AdvertisementOn Sunday, Rep. Joyce Beatty of Ohio told CNN's Eva McKend that Democratic lawmakers shouldn't turn against Biden. A huge "what if" for Biden is if a high-ranking Black lawmaker calls on him to exit the race. But will it help him with Black voters in the coming weeks and months? That November, Biden won 92% of the Black vote, compared to Trump's 8% support, according to the Pew Research Center.

Persons: —, Joe Biden, Biden, It's, Biden hasn't, Donald Trump, Joyce Beatty, CNN's Eva McKend, Hakeem Jeffries, Beatty, Kamala Harris, Harris, JfHOOMv5RS, Julia Hamelburg, Steven Horsford, surrogates, Jim Clyburn, Clyburn, he'd, Trump, it'll Organizations: Service, Airy, of God, Business, Capitol, Democratic, Democrats, Congressional Black Caucus, shouldn't, CBC, Biden, Congressional Black, Essence, Black, South Carolina Democratic, Pew Research Center, Trump Locations: Philadelphia, Washington, Ohio, New Orleans, Nevada, York, South Carolina, Georgia , Michigan, Pennsylvania

☆ Esports World Cup: The new tournament in Saudi Arabia causing a big splash and division in the industry
▼ + stars: | 2024-07-06 | by ( Ben Church | ) edition.cnn.com time to read: +12 min

The Esports World Cup (EWC) – which began on July 3 – has brought together professional gamers, publishers and fans from across the world for an eight-week competitive gaming bonanza. To bring this on the similar scale as the largest traditional sports events and something that brings together the whole industry,” Reichert said. Discovery – CNN’s parent company – and the Esports World Cup Foundation agreed to a new partnership which includes Eurosport, CNN and other WBD platforms. “From my experience, there are a lot of people in [Saudi Arabia] that love their games, right to the top. “It’s probably unprecedented how quickly Saudi Arabia is moving ahead in its progression.

Persons: –, Ralf Reichert, ” Reichert, “, Gen.G, Mohammed Saad, Reichert, ”, Sam Mathews, It’s, it’s, Prince Mohammed bin Salman, sportswashing, SGG, Rod Breslau, “ It’s, ” Dana Ahmed, Manahel, Otaibi, Nick McGeehan, FairSquare, Mohamed bin Salman, Liquid’s, Steve Arhancet, Mathews Organizations: CNN, CNN Sport, Riot, New York Times, Adidas, Warner Bros, Eurosport, Anadolu, Getty, EWC, EWC Foundation, Saudi, MBS, Fox News, Investment Fund, Gaming, Amnesty, Fnatic, “ Locations: Saudi, Saudi Arabia, esports, “ Saudi Arabia, Breslau

☆ Iran's Islamic Revolutionary Guard Corps gets powerful ships to confront adversaries well beyond the Persian Gulf
▼ + stars: | 2024-07-04 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +17 min

Read previewIn the last three years, Iran's Islamic Revolutionary Guard Corps Navy has commissioned hundreds of new vessels. AdvertisementThe Shahid Hassan Bagheri is one of three new Soleimani-class missile corvettes that are the most heavily armed warships in the Islamic Revolutionary Guard Corps Navy's fleet. Despite being lightly armed, it has a record of harassing US vessels and civilian ships in the Persian Gulf. AdvertisementThree Soleimani-class corvettes, Shahid Soleimani, Shahid Hassan Bagheri, and Shahid Sayyad Shirazi, have been commissioned, while a fourth, Shahid Ra'is-Ali Delvari, is under construction. AdvertisementMahdavi will eventually be joined by another converted container ship, the Shahid Bagheri.

Persons: —, Shahid Hassan Bagheri, Morteza Nikoubazl, Ayatollah Ali Khamenei, Shahid Soleimani, Nazeri, Shahid Nazeri, SAMs, Shahid Sayyad Shirazi, Shahid Ra'is, Ali Delvari, Hassan Bagheri, Abu Mahdi al, Shahid, Alireza Tangsiri, Shahid Mahdavi, 400Y8DYPlr — Mehdi H, Shahid Roudaki, Roudaki, Mahdavi, Lewis B, Puller, Shahid Bagheri, Bagheri, Tangsiri, IRGCN, Ayatollah Khamenei, Nadimi, Saviz, Diego Garcia, Benjamin Brimelow Organizations: Service, Islamic Revolutionary Guard Corps Navy, Business, Islamic Revolutionary Guard Corps Navy's, Islamic Revolutionary Guard Corps, US, Quds Force, Guard, Southern Hemisphere, American, British, Washington Institute for Near East Policy, Global Affairs, Fletcher School of Law, Diplomacy, Modern, Institute Locations: Iran, Saudi Arabia, Persian, Gulf of Oman, Hormuz, China, Russia, Taiwan, Norway, Yemen, Makran, Morteza, Israel, Lebanon, Hamas, Gaza, Syria, Mahdavi, West

☆ Russian Who Led Troops Linked to Bucha Killings Is Charged With Corruption
▼ + stars: | 2024-07-04 | by ( Paul Sonne | More About Paul Sonne | ) www.nytimes.com time to read: +1 min

Colonel Gorodilov led the unit at the time and was present in the town where hundreds of civilians died, in some cases as a result of brutal executions, The Times found. Russian troops retreated from the area in early 2022. The U.S. government imposed sanctions on Colonel Gorodilov last year for what it called “his involvement in gross violations of human rights, namely extrajudicial killings.”He was promoted to the rank of colonel days after images from Bucha emerged publicly and turned the suburb into a global symbol of the terror that Russian forces have brought to occupied Ukrainian towns. Moscow has denied involvement in the Bucha killings, with President Vladimir V. Putin of Russia calling the events “a provocation.” The Times, however, identified two dozen members of the 234th Regiment who were in Bucha at the time of the massacre, in part by tracing the numbers the troops called in Russia using the Ukrainian victims’ mobile phones.

Persons: Gorodilov, Bucha, Vladimir V, Putin Organizations: Times, 234th Regiment Locations: U.S, Ukrainian, Moscow, Russia, Bucha

☆ You may now own a piece of Trump Media – and not even know it
▼ + stars: | 2024-07-02 | by ( Matt Egan | ) edition.cnn.com time to read: +4 min

New York CNN —If you’ve got money in the market, you might own a little piece of Trump Media — without even knowing it. Trump Media (DJT), the owner of conservative social media platform Truth Social, announced its addition to the Russell family on Monday. As a result, countless retail investors will now own a piece of Trump Media. These include the $14 billion iShares Russell 3000 ETF (IWV) and the $2.5 billion Vanguard Russell 3000 ETF (VTHR). LinkedIn co-founder Reid Hoffman, a vocal critic of former President Donald Trump, believes Trump Media is really worth just $40 million.

Persons: you’ve, Russell, Donald Trump, doesn’t, Vanguard Russell, ”, Sam Stovall, Stovall, ” Stovall, Reid Hoffman, ” Hoffman, Aniket Ullal Organizations: New, New York CNN, Trump Media, Trump Media & Technology, Vanguard, CFRA Research, Microsoft, Nvidia, Apple, Trump, “, FTSE Russell’s, P, LinkedIn, CNN, & & Locations: New York

☆ Ukraine says it destroyed almost 60 Russian air defense systems in June, the second-highest number of monthly kills since the war began
▼ + stars: | 2024-07-01 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

Read previewUkraine's defense ministry said Monday that the country's military inflicted substantial damage on Russian air defense systems last month. June was a bad month for russian air defense. Ukrainian defenders destroyed 59 russian air defense systems. Without these restrictions, Ukraine could "in principle" replicate its success at taking out Russian air defense systems in Russian territory, ISW has said. With fewer defensive systems threatening its aircraft, Ukraine could have more freedom of movement for conducting air operations.

Persons: —, couldn't, ISW Organizations: Service, Business, —, General Staff of, Armed Forces, Institute for, Washington DC, Army Tactical Missile Systems, General Staff, Ukrainian Armed Forces Locations: Ukraine, Crimea, Russia, Washington, Ukrainian

☆ Move over, remote jobs. CEOs say borderless talent is the future of tech work
▼ + stars: | 2024-06-30 | by ( Rachel Curry | ) www.cnbc.com time to read: +6 min

Borderless tech hiring has doubled in the last three years, according to Gartner's 2023 CEO Survey. By 2022, the tech talent workforce in cities like Beijing and Delhi far outweighed that of U.S. powerhouses like San Francisco and New York, reports CBRE Global Tech Talent Guidebook 2024. The report cites burgeoning tech talent markets like Bucharest, Romania; Cape Town, South Africa; Cebu City, Philippines; Nairobi, Kenya and more. Pockets of talent worldwideAdam Jackson, CEO of decentralized tech talent platform Braintrust, does borderless differently. Caplan relishes in the more altruistic potential of borderless employment, namely its ability to "lift up communities around the globe."

Persons: Jeremy Johnson, Goldman Sachs, Johnson, John Caplan, Adam Jackson, Jackson, That's, synchronously, Caplan, Caplan relishes Organizations: CBRE Global Tech, Global, NASA, Deel's Locations: Beijing, Delhi, U.S, San Francisco and New York, Bucharest, Romania, Cape Town , South Africa, Cebu City, Philippines, Nairobi, Kenya, Braintrust, San Francisco, Silicon Valley, Europe, Africa, America

☆ Gen Z workers vs. millennial bosses: 'Having high expectations and wanting work-life balance and an employer who cares isn't a bad thing'
▼ + stars: | 2024-06-30 | by ( Tess Martinelli | ) www.businessinsider.com time to read: +8 min

For example, some millennials who manage Gen Zers face the unique challenge of weighing their corporate conditioning against more progressive ideals. Courtesy of Maya PennSome people say that Gen Z's eclectic style is unprofessional, but 24-year-old Maya Penn said Gen Z is simply embracing authenticity. Another tool she's implemented is adopting a softer approach to giving feedback after she noticed her Gen Z employees were interpreting her initial approach as criticism. Despite the challenges of leading Gen Z, this manager said the younger generation has taught her to prioritize her personal life. "Some people complain that they're hard to work with, but having high expectations and wanting work-life balance and an employer who cares isn't a bad thing," Tooker told BI.

Persons: —, Zers, they've, Piper Hansen, Hansen, Zers who've, she's, Kim Schewitz, Gen Z, Zer, Schewitz, you'll, Gen, Maya Penn, Penn, It's, I've, Hannah Tooker, Mitchell Sauve Hannah Tooker, Tooker, They've, Z, Tess Martinelli, tmartinelli@businessinsider.com Organizations: Service, Business, YMCA, BI, Penn

☆ The 'Dogs of the Dow' are doing well even as investors chase Nvidia higher
▼ + stars: | 2024-06-25 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

A cohort known as the "dogs" of the Dow Jones Industrial Average is a changing list of stocks with the highest dividend yield at the end of each year. For those who subscribed to the dogs theory, there's largely been upside — with 7 of the 9 stocks beating the Dow. These stats are current as of Monday afternoon: Verizon runs the dog house with the highest current dividend yield at 6.6%. The stock also has a current dividend yield of 3.4%. While Goldman Sachs has seen the best year-to-date performance, the bank has the lowest current dividend yield on the list at just 2.4%.

Persons: It's, Michael O'Higgins, Dow, — Goldman Sachs —, FactSet, Bank of America's Tal Liani, Goldman Sachs Organizations: Dow Jones, Nvidia, Dow, CNBC Pro, Verizon, Cisco, Bank of America's, Walgreens Locations: FactSet

☆ CNN stands to make millions from the Trump-Biden debate, but its rivals could make even more
▼ + stars: | 2024-06-25 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +1 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. AdvertisementFaced with lagging viewership, CNN is anticipating that Thursday's presidential debate will rake in huge sums. Yet other networks are allowed to air the live broadcast of the showdown, setting them up to outperform CNN at its own game. President Joe Biden and former President Donald Trump's uncharacteristically early face-off is notable for various reasons, namely the two commercial breaks that will splice up the 90-minute debate.

Persons: —, Joe Biden, Donald Trump's, Semafor Organizations: CNN, Service, Business

Citi analyst Andrew Kaplowitz upgraded his rating for the heating and ventilation company to buy from neutral. The analyst accompanied the move by upping his price target to $74 from $65, implying that shares of Carrier Global could rally 17% going forward. The financial institution raised its price target for Nvidia to $150 from $135. Analyst Erin Wright stood by her overweight rating on the health insurance stock, reiterating her $595 price target. Wright set a price target of $374, which is 23% higher than the insurance company's Friday closing price of $355.48.

Persons: Goldman Sachs, Andrew Kaplowitz, CARR, Kaplowitz, — Lisa Kailai Han, Jefferies, Blayne Curtis, kingmaker, Curtis, Lisa Kailai Han, Morgan Stanley, UnitedHealth, Morgan Stanley's, Erin Wright, Wright, Bernstein, Stephen Reitman, Ferrari, Reitman, Ferrari's, Sanjeet Aujla, Aujla, BUD, Christopher Danely, Danely, James Schneider, Schneider, Fred Imbert Organizations: CNBC, Monday, Citi, Micron Technology, IBM, Carrier Global, Carrier, Nvidia, Humana, Ferrari, UBS, Anheuser, Busch InBev It's, Busch InBev, Micron, Citi Citi, Dow Jones Industrial, Dow Locations: China, UnitedHealth, U.S, Friday's

☆ Ukraine got the go-ahead to hit Russia with F-16s, but doing so could be a waste of a good jet
▼ + stars: | 2024-06-20 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +11 min

Read previewNATO member Denmark has given Ukraine permission to use the F-16s it receives to hit military targets within Russia. AdvertisementThe exact number of F-16s Ukraine will get to begin with is unclear, but it's not expected to be many. But in Russia, Ukrainian aircraft can also expect to battle the Russian Air Force in addition to enemy air defenses. It would also bolster a capability that has been heavily strained by relentless Russian attacks, and that's air defense. But they said these fighter jets will be useful for Ukraine by replenishing lost aircraft, deterring Russian jets, and acting as defenses.

Persons: —, George Barros, Israel Aerospace Industries Barros, it's, Mark Cancian, Tim Robinson, Peter Layton, Volodymyr Zelenskiy, Mette Frederiksen, Ritzau Scanpix, Mads Claus Rasmussen, there's, Michael Clark, Clark, Cancian, ISW, Layton, Robinson, DIMITAR DILKOFF, Noble, Chanceler Organizations: Service, Business, Ukraine, Analysts, Israeli Military Industries Systems, Israel Aerospace Industries, Marine, Center for Strategic, International Studies, UK's Royal Aeronautical Society, Griffith Asia Institute, Royal Australian Air Force, Denmark's, Skrydstrup Airbase, REUTERS, Politico, Republicans, Russian Air Force, Getty, Noble Eagle, US Air Force Locations: Denmark, Ukraine, Russia, Moscow, Russian, Israeli, Netherlands, Norway, Belgium, France, Skrydstrup, Vojens, Arizona, Romania, British, Crimea, Ukrainian, AFP

☆ Matthew Briggs made his English Premier League debut at 16. 11 years later, he was left feeling suicidal
▼ + stars: | 2024-06-19 | by ( Ben Church | ) edition.cnn.com time to read: +11 min

That “surreal moment” seemingly was the start of an exciting career in the game – Briggs was once tipped as a future England captain. In the year when he walked away from soccer, Briggs moved in with his uncle. For the first time in his life, Briggs learned how to deal with the feelings he had struggled with for years. Briggs playing for England in the Under-20 World Cup in 2009. Thousands of young players are fed into the academy system every year, with only a tiny percentage ever making it.

Persons: CNN — Matthews Briggs, – Briggs, ” Briggs, “, ‘, ’, Briggs, ”, Middlesborough, Wayne Rooney, Lee Smith, I’m, Joe Giddens, Matthew Briggs, –, I’ve, Alex Livesey, “ I’ve, that’s, it’s, Matthew Ashton, ” Neil Saunders, Briggs leant, Harvey Elliot, Arsenal’s Ethan Nwaneri, Elliot Organizations: International Association for Suicide Prevention, Befrienders Worldwide, CNN, English Premier League, Fulham, CNN Sport, Fulham’s, Arsenal, Premier League, Professional Footballers Association, England, Guyana’s CONCACAF, FIFA, US, Danish, HB Køge, Guyana, CONCACAF, Panama, Academy, PFA –, PFA, Liverpool Locations: England, Dubai, “, Guyana, Panama, Trinidad & Tobago

☆ Millennials are losing their cool
▼ + stars: | 2024-06-19 | by ( Emily Stewart | ) www.businessinsider.com time to read: +16 min

Millennials may not be there yet on pants, or at least that's what I, as a millennial, tell myself. The internet is fueling the millennials vs. Gen Z discourse, but underlying it is something deeper: millennials raging against the dying of the light. "It's really beneficial for brands that at least the online discourse has millennials looking to Gen Z for trends. The nature of internet culture, much of which was created by millennials, puts a unique bent on the discourse and how creators and influencers address millennials. Gen Z, be nice to your friendly millennial next door, and vice versa.

Persons: we're, We're, Valeria Penttinen, Julie Erickson, —, Erickson, Michael Miraflor, Hannah Grey, Justin Timberlake's, Claire Tassin, Jean Twenge, Gen X, Silents, they're, X, It's, Penttinen, millennials, Harley Block, Joel Steckel, I'm, that's, Devon Price, Price, Twenge, it's, Miraflor, Gwen Stefani, Martha Stewart, Alpha, Gen, They'll Organizations: Northern Illinois University, Morning, New York University, Starbucks, Loyola University Chicago's School, Professional Studies, Sports Illustrated Locations: Toronto, America

☆ Inside Europe's tech hubs: Does London have what it takes to remain No. 1?
▼ + stars: | 2024-06-19 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +32 min

But it will remain a big, big trend. How has if at all, Brexit, affected the U.K. tech scene? Arjun KharpalAre there other challenges at the moment, as you see them to the U.K. tech landscape? I'm gonna go with the amount of VC funding in U.K. tech startups for 2025. Sanjot MalhiI would say that is the amount of funding in U.K. AI startups.

Persons: Tom Chitty, Arjun, we'll, Arjun Kharpal, I've, Sanjot, He's, It's, Tom Chitty I've, we've, it's, Arjun Kharpal Sanjot, fintech, we're, you've, let's, Tom Chitty We're, Franklin Templeton, they're, Masa, Softbank, that's, Arjun Kharpal Sanjay, Emmanuel, Macron, hasn't, who's, Emmanuel Macron, I'm, Sanjot Malhi, Arjun Kharpal That's, Kharpal, Tom Chitty Sanjot Organizations: HSBC Innovation Banking, CNBC, Northzone, Hague Cricket Club, European Union, Competition, Markets Authority, London Stock Exchange, London, Masa, Viva Tech, Mistral, Nvidia Locations: Europe, Dealroom, France, China, London, beyondthevalley@cnbc.com, Netherlands, India, The Hague, Germany, Sweden, North America, Asia, San Francisco, Beijing, Tel Aviv, Bangalore, U.S, British, doesn't, Ukraine, IPOs

☆ Katy Perry worked with Dr. Luke on her new album, despite Kesha's allegations of sexual abuse
▼ + stars: | 2024-06-19 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +4 min

Read previewKaty Perry has teamed up with Dr. Luke to create her forthcoming album, reconnecting with the embattled pop producer for the first time in a decade. After sharing a snippet on TikTok, rumored song credits began circulating on social media, which listed Dr. Luke as a producer. AdvertisementDr. Luke, born Lukasz Gottwald, coproduced many of Perry's early hits, including diamond-certified tracks like "California Gurls," "Roar," and "Dark Horse." However, Perry seemed to sever ties with Gottwald after she released "Prism," her third album with Capitol, in 2013. Kesha and Gottwald reached an undisclosed settlement last year, though Kesha has never walked back her allegations.

Persons: —, Katy Perry, Luke, Perry, Stone, ecwNHEaVqu, KATY PERRY, Katy, Max Martin, Sarah Hudson, Lukasz Gottwald, coproduced, Gottwald, Perry's, Kesha, countersued, Lady Gaga, Gottwald's, Nicki Minaj's Organizations: Service, Business, Capitol Records, Capitol, Kemosabe Records, New York Times, Energy Locations: @katyperry, California

☆ 'Robust growth opportunity': Citi loves this global stock as it pivots to AI data centers
▼ + stars: | 2024-06-18 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Industrial property firm Goodman Group is converting its traditional warehouses into data centers to meet the surging demand for artificial intelligence infrastructure. Citi believes this trend will likely drive "double-digit medium-term earnings growth" and has added the Australian stock to its "Pan-Asia Focus list." Data centers are large buildings that house critical computing infrastructure and equipment. "As it progresses opportunities in data centers, it is likely to deliver a large range of products from powered sites and turnkey projects." Electricity has been a key bottleneck preventing many data centers from further expansion.

Persons: Howard Penny, Goodman Organizations: Goodman Group, Citi, GMG Locations: Asia, Sydney, United States, Australia, Japan, Hong Kong, Singapore

☆ Toyota has been rocked by a string of scandals — but analysts are unfazed
▼ + stars: | 2024-06-14 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +4 min

A sign is displayed outside a Toyota Motor Corp. dealership on Jan. 30, 2024 in Tokyo, Japan. Toyota Chairman Akio Toyoda apologized Monday for massive cheating on certification tests for seven vehicle models as the automaker suspended production of three of them. Toyota took the crown with 10.7% market share, while Germany's Volkswagen came in second with a 6% market share. But for Toyota, the top automaker by market share in the world, the latest safety scandal is not the first time it's being investigated for false test data. In April last year, Daihatsu said it had rigged side-collision safety tests carried out for 88,000 small cars, most of those sold as Toyotas.

Persons: Akio Toyoda, Tomohiro Ohsumi, Germany's Volkswagen, that's, Toyota —, Suzuki, Toyoda, Hino Organizations: Toyota Motor Corp, Toyota, Getty, Germany's, Honda, country's Ministry of Land, Transport, Mazda, Suzuki Motor, Yamaha Motor, Corolla Fielder, Corolla, Daihatsu, Citi Locations: Tokyo, Japan, Infrastructure, Tourism

☆ France, With Elections, Is in Danger - The New York Times
▼ + stars: | 2024-06-13 | by ( Cole Stangler | ) www.nytimes.com time to read: +2 min

President Emmanuel Macron’s decision to dissolve the National Assembly and hold snap legislative elections on June 30 and July 7 has given the far right its best shot at governing France for the first time since the Vichy regime of World War II. The move stunned the country’s political class, including high-ranking Macronists from whom the president’s plans were reportedly heavily guarded. And for much of France, the decision remains perplexing. But make no mistake: France is in danger. Since the 2022 legislative elections denied his electoral alliance a majority in the National Assembly, his coalition has been forced to seek support from other parties, namely the right-wing Republicans.

Persons: it’ll, Emmanuel Macron’s, Macronists, Macron Organizations: National Assembly, France, Republicans, Republican Locations: Vichy, France

☆ Where’s inflation really heading? Traders and economists are using this real-time inflation gauge to get ahead of the curve
▼ + stars: | 2024-06-12 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +5 min

The inflation rate the government arrives at also impacts how much you receive in Social Security benefits and likely is a factor in determining your pay. The government also has a much longer history of producing inflation reports with extremely thorough standards. Like PCE and CPI, Truflation assigns relative importance values to categories to mirror how an average consumer’s income is allocated. That’s why small increases in the cost of housing can end up having big impacts on the overall inflation rate. How Truflation data is being usedWall Street traders were the first group drawn to Truflation, Rust said.

Persons: Truflation, Hilton, Stefan Rust, Rust, “, ” Danielle DiMartino Booth, Richard Fisher, Booth Organizations: New, New York CNN, Index, Federal, Social Security, PCE, CPI, Amazon, Walmart, Nielsen, Bureau of Labor Statistics, Labor Department, CNN, Dallas Fed, QI Research Locations: New York, Zillow

☆ 'Miss AI' is the first-ever beauty pageant for AI influencers. See the top 10 finalists.
▼ + stars: | 2024-06-08 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

Read previewFanvue is holding its first "Miss AI" contest, where its finalists aren't human but artificial intelligence personas from around the world. The company announced in April that it would hold the Fanvue World AI Creator Awards and has now announced the top 10 finalists for the Miss AI title. "The launch of the Fanvue World AI Creator Awards and this first award has thrust the AI Creator space into the mainstream for the first time, and the number of entries has been staggering," Will Monange, the cofounder of Fanvue, said in a press release. The judging panel consists of a pageant historian, a media entrepreneur, and two AI creators. The Fanvue World AI Creator Awards offers a window into a world where AI-generated personas are taken seriously — even if all finalists meet fairly typical beauty standards.

Persons: —, Will Monange Organizations: Service, Business, Miss

☆ War, what war? Putin looks to woo new business partners willing to overlook its invasion of Ukraine
▼ + stars: | 2024-06-07 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +5 min

Russian President Vladimir Putin is seen while visiting the Lakhta Center on June 5, 2024, in Saint Petersburg, Russia. Vladimir Putin visited a newly built Lakhta Center, a skyscraper of Gazprom, prior to his meetings at the Saint Petersburg International Economic Forum SPIEF 2024. Contributor | Getty Images News | Getty ImagesRussia's annual economic forum in St. Petersburg used to be known as the country's "Davos" in a nod to the World Economic Forum that's held in Switzerland every year. A view of the stand of the Russian private bank Alfa-Bank during the 27th St. Petersburg International Economic Forum in St. Petersburg, Russia on June 05, 2024. Guests from foreign countries seen during the first day of the St. Petersburg International Economic Forum 2024.

Persons: Vladimir Putin, SPIEF, Max Hess, Peter Szijjarto, There's, Vladimir Putin's, Yuri Ushakov, Putin, anders Pettersson Organizations: Lakhta Center, Saint Petersburg, Economic, Getty, St ., Economic Forum, Foreign Policy Research Institute, CNBC, Hungarian Foreign, Alfa, Bank, Anadolu, West, International Monetary Fund, U.S, Brics Locations: Saint Petersburg, Russia, Gazprom, St . Petersburg, Davos, Switzerland, Ukraine, Asia, Latin America, Africa, Eastern Europe, Slovakia, Hungary, Hungarian, St, Moscow, Russian, Germany, France, India, China, Johannesburg, South Africa

☆ Wall Street showers an AI chipmaker we own with praise — and it's not Nvidia
▼ + stars: | 2024-06-07 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +7 min

JPMorgan upped its growth forecast for the custom AI chip market and said Broadcom's dominance in the space is poised to continue. Essentially, these networking chips help make up the plumbing of data centers. The second line of Broadcom's AI business is custom processors, where the company is best-known for co-designing Alphabet's tensor processing units, or TPUs. Google-parent Alphabet and Broadcom have collaborated on the creation of the AI chips for years, with the sixth-generation TPU being announced last month . The AI chips made by market leader Nvidia and rival AMD are more general purpose.

Persons: Bernstein, Melius, —, Jensen Huang, Jim Cramer's, Jim Cramer, Jim, Hock Tan, Broadcom Lucas Jackson Organizations: Nvidia, Wall, Broadcom, Melius, JPMorgan, Wall Street, VMWare, Google, Amazon, Microsoft, Marvell Technology, Marvell, AMD, CNBC

☆ The Great Concert Ticket Bust
▼ + stars: | 2024-06-05 | by ( Emily Stewart | ) www.businessinsider.com time to read: +10 min

There are a combination of factors that are dragging down some artists' ticket sales. Just having the big song doesn't necessarily always translate into ticket sales. But there are no guarantees that any of that will translate to hard ticket sales. "Just having the big song doesn't necessarily always translate into ticket sales." Hiccups are not all about ticket sales, either.

Persons: It's, Jennifer Lopez, Ben Affleck, she's, Lopez, JLo, Troye Sivan, Charli XCX, Bad Bunny, Justin Timberlake, Taylor Swift, Luke Combs, Zach Bryan, Olivia Rodrigo, they're, Jarred Arfa, Billy Joel, You'd, Gary Witt, COVID, who's, Nicki Minaj, David, Alicia Keys, that's, you've, Arfa, he's, Sivan, Charli, Kid Cudi, aren't, Def Leppard, Mötley, There's, SeatGeek, Witt, they'd, doesn't, Emily Stewart Organizations: Company, Ticketmaster, Independent Artist Group, Metallica, The Pabst Theater Group, Prince, Green, Live, Department of Justice, The Pabst Theater, Business Locations: Bronx, Minneapolis, Milwaukee

☆ India’s Stock Market Tumbles on Close-Run Election Result
▼ + stars: | 2024-06-04 | by ( Alex Travelli | ) www.nytimes.com time to read: +1 min

Investors looking to India yearn for political stability and many have done especially well during the first 10 years of Mr. Modi’s pro-business leadership. Even after Tuesday’s decline, the blue-chip Nifty 50 index has nearly tripled since Mr. Modi became prime minister. But the Indian market’s main indexes have entered choppier waters on the way to the election. Some companies, namely those considered “Modi stocks,” fared especially poorly as the election result came into view. Gautam Adani rapidly became Asia’s richest man, as his infrastructure-oriented businesses worked in harmony with Mr. Modi’s plans for the country.

Persons: Narendra Modi, Modi, Modi’s, “ Modi, Gautam Adani Organizations: Adani, Adani Enterprises Locations: Mumbai, India

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