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☆ Former Abercrombie CEO Mike Jeffries arraigned on sex trafficking charges
▼ + stars: | 2024-10-25 | by ( Mark Morales | ) edition.cnn.com time to read: +3 min

CNN —Former Abercrombie & Fitch CEO Michael Jeffries pleaded not guilty to a 16-count indictment at his arraignment in a New York federal court on Friday. Jacobson was employed by Jeffries and Smith to recruit, interview and hire men to perform commercial sex acts for Jeffries and Smith, according to the indictment. His attorneys did not comment as they left the courtroom, and Jeffries is due back in court on December 12. Jefferies stepped down as CEO of Abercrombie & Fitch in December 2014, having run the company since 1992. “As we shared when the accusations were first made public in October 2023, we are appalled and disgusted by the alleged behavior of Mr. Jeffries, whose employment with Abercrombie & Fitch Co. ended nearly ten years ago,” Abercrombie & Fitch said in a statement Wednesday.

Persons: Michael Jeffries, Jeffries, He’s, Matthew Smith, ”, Smith, James Jacobson, Jacobson, Jefferies, ” Abercrombie, Fitch, Gingras, Kara Scannell, Laura Dolan, John Towfighi Organizations: CNN, Abercrombie, Fitch, ”, Eastern, of, Abercrombie & Fitch, Abercrombie & Fitch Co Locations: New York, New York City, Long, Florida, Peace, of New York, West Palm Beach , Florida, Rice Lake , Wisconsin

☆ Chart analyst Carter Worth breaks down his most important technical indicator
▼ + stars: | 2024-10-25 | by ( Fred Imbert | ) www.cnbc.com time to read: +1 min

For Carter Worth, there's one that stands out above all others: volume. They say it's all in the price action. … but volume is the essential criteria," Worth, the founder of Worth Charting with more than three decades on the Street, told CNBC's Dominic Chu in this special Pro Talks discussion available to all readers. "The study of volume and price volume correlation is the single most important thing one can do if one wants to engage in pattern recognition and studying price action trying to profit in the market." "[Philosophers] Camus and Sartre would argue that existence precedes essence, and in markets, volume precedes price," he added.

Persons: Carter Worth, CNBC's Dominic Chu, Camus, Sartre, Worth Organizations: Worth, CNBC PRO Locations: Worth

☆ Secretive Democratic super PAC pumps $30 million into Spanish-language TV ads
▼ + stars: | 2024-10-24 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Seitz-Wald-Circle-Byline-Template.Jpg | Alex Seitz-Wald | ) www.nbcnews.com time to read: +4 min

A secretive Democratic super PAC has been quietly running a massive Spanish-language ad campaign in support of Vice President Kamala Harris, pumping tens of millions of dollars into trying to reach persuadable Latino voters. That’s an unusually large investment in Spanish-language media. By contrast, for instance, Republicans have touted $1 million and $5 million Spanish-language ad campaigns this election. Its digital ads have reached 4.5 million Latinos, according to the adviser. It also ran Spanish-language ads with Somos PAC and others.

Persons: Kamala Harris, Cristobal Alex, Pili, Chauncey McLean, Trump, “ Trump, Kamala Harris ’ ”, they’ve, Harris, Joe Biden’s, Barack Obama, Mitt Romney Organizations: Democratic, PAC, persuadable, Harris, NBC, Spanish, UnidosUS, Somos PAC, Trump, NBC News, Telemundo, CNBC, Equis Research Locations: Arizona, Nevada, Atlanta , Philadelphia, Milwaukee, Raleigh , North Carolina, Spanish, Bethlehem, Allentown, Philadelphia, Atlanta, Georgia , Wisconsin, North Carolina, That’s

☆ U.S. and Israeli negotiators to travel to Doha with hopes of resuming Gaza ceasefire talks
▼ + stars: | 2024-10-24 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Abigail-Williams-Circle-Byline-Template.Jpg | Abigail Williams | ) www.nbcnews.com time to read: +2 min

U.S. and Israeli negotiators will travel to Doha in the coming days, the top diplomats for U.S. and Qatar said Thursday, intending to resume long-stalled talks to reach a ceasefire deal and secure the release of hostages in Gaza. The announcement comes after Israeli forces killed Yahya Sinwar, the head of Hamas, earlier this month and the militant group continues its search for a new leader. Among the options is an Egyptian proposal, as previously reported by NBC News, for a two-week ceasefire in exchange for the release of six hostages. Qatari Sheikh Mohammed said there are ongoing discussions between Egypt and Hamas even today and he “hopes the discussions will yield something positive” for the talks that follow. Speaking from Doha, Blinken said the U.S. had seen Israel take some positive steps but it is not enough to get assistance to the borders of Gaza.

Persons: Yahya Sinwar, Biden, Sinwar, Antony Blinken, ” Blinken, Mohammed bin Abdulrahman, “, Sheikh Mohammed, Defense Lloyd Austin, Blinken, ” Organizations: U.S, Qatari Prime, NBC News, Defense, Israel, U.S . Locations: Doha, Qatar, Gaza, Mohammed bin Abdulrahman Al Thani, U.S, Egypt, Blinken, Israel

☆ 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

☆ Judge blocks Coach owner Tapestry's proposed acquisition of Michael Kors parent Capri
▼ + stars: | 2024-10-24 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +3 min

A federal judge blocked Tapestry's acquisition of Capri on Thursday following a brief trial last month in New York. Representatives for Tapestry and Capri didn't immediately return requests for comment. The decision will ensure that Tapestry and Capri continue to engage in head-to-head competition to the benefit of the American public." The decision comes as consumers balk at high prices for food, apparel and other goods after years of elevated inflation. Lawyers for Tapestry and Capri argued the companies are not each other's main competitors.

Persons: Jennifer Rochon, Kate Spade, Stuart Weitzman, Capri's Versace, Jimmy Choo, Michael Kors, Capri's, didn't, Henry Liu, Biden, Kamala Harris, Lina Khan, Capri, —, Melissa Repko Organizations: Federal, Tapestry, Federal Trade Commission, FTC, Competition, Democratic Locations: Capri, New York, FTC's

☆ Biden makes clear AI can’t launch nukes as he looks to harness new technology’s power
▼ + stars: | 2024-10-24 | by ( Kevin Liptak | ) edition.cnn.com time to read: +3 min

The new national security memorandum, issued in the final months of Biden’s term, seeks to strike a balance between deploying AI’s powerful potential with protecting against some of its fearsome possibilities. For example, the document prohibits use of AI to skirt existing protocols around deploying nuclear weapons. Revealing the new parameters during a speech at the National War College, Biden’s national security adviser Jake Sullivan framed the stakes of managing the rise of AI. Biden administration officials believe rapidly developing AI tools will set off new competition between world powers. While largely developed in the United States, countries like China are swiftly applying the technology in military and civilian settings.

Persons: Joe Biden, Biden, Jake Sullivan, ” Sullivan, It’s, Donald Trump, Kamala Harris, ” Organizations: Washington CNN, National War College, US Locations: China, London, United States, Beijing

☆ Reddit Ad Targeting Gets Boost From Memorable AI Acquisition
▼ + stars: | 2024-10-24 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +1 min

Reddit acquired Memorable AI in August in a deal that valued the startup at just under $40 million, including performance-based earnouts. Memorable AI uses AI models to predict which images and videos will catch users' attention and encourage them to engage with an ad. Acevedo, a Memorable AI cofounder who had been the startup's CEO, now leads product for Reddit's new ads media intelligence team, which combines data on creative performance with the company's advertising AI models. Fosco, a fellow cofounder who had been Memorable AI's chief technology officer, leads engineering in the ads intelligence team. "The acquisition of Memorable AI, coupled with its focus on creative effectiveness, now gives Reddit the missing piece to continue improving performance for our advertisers," Fosco said.

Persons: Reddit, Acevedo, Fosco Organizations: Unilever, Mars, MIT

☆ 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

☆ Vince McMahon, embattled former CEO of WWE, sued for allegedly enabling sexual abuse
▼ + stars: | 2024-10-24 | by ( John Towfighi | ) edition.cnn.com time to read: +5 min

Baltimore CNN —A new lawsuit alleges Vince McMahon knowingly enabled the sexual exploitation of children by a WWE employee in the 1980s. As early as 1992, New York Post columnist Phil Mushnick wrote about Phillips’ alleged abuse of Ring Boys at the WWE. The lawsuit alleges McMahon was aware of Phillips’ abuse of the children. Phillips would often film his sexual abuse of the underage Ring Boys on video camera, the lawsuit alleges. WWE founder Vince McMahon resigned from the WWE and its parent company TKO as executive chairman and board of directors following allegations of sexual assault in a Connecticut lawsuit.

Persons: Vince McMahon, ”, McMahon, Linda McMahon, Melvin Phillips , Jr, “ Phillips, “, Phillips, Jessica Rosenberg, Phil Mushnick, Phillips ’, ” Rosenberg, Mushnick, John, —, Philips, Janel Grant, John Moore, Donald Trump’s, Rita Chatterton Organizations: Baltimore CNN, WWE, Holdings, Boys, Small Business Administration, Street Locations: New York, Baltimore County , Maryland, Stamford , Connecticut, Connecticut

But during that time, Netanyahu was soliciting input from Trump, the Republican nominee. Trump claimed during a rally in Georgia that Netanyahu had called him at least twice in recent days. Trump’s allies also privately played up the Netanyahu-Trump phone calls as demonstrating that Netanyahu is seriously eyeing the possibility of a Trump victory. Still, the Biden administration is publicly signaling it hopes to advance efforts to bring the hostages home and to end a war that is threatening to tarnish Biden’s foreign policy legacy. Both Qatar and Egypt have reengaged with the group, which has not publicly named a new leader.

Persons: Donald Trump, Benjamin Netanyahu, Yahya Sinwar, Netanyahu –, Biden, Antony Blinken, Netanyahu, Trump, “ Bibi, ” Trump, “ We’re, Joe Biden, Kamala Harris, “, Bibi, ”, Harris, stoke, Trump’s, Netanyahu didn’t, Biden demurred, ’, ” Biden, ” Blinken, Bill Burns, David Barnea, Sinwar, Khalil al, Khaled Mashal, Mousa Abu Marzook, Mohammed bin Abdulrahman Al Thani Organizations: CNN, Israeli, Trump, Republican, Democrat, White House, Netanyahu, East, Arab, CIA, Qatari Locations: Gaza, United States, Israel, Qatar, Doha, Washington , DC, Georgia, American, Washington, Michigan, Egypt

☆ Why some CEOs are afraid of publicly criticizing Trump
▼ + stars: | 2024-10-24 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +6 min

It may be driven by fears of retribution from Trump and what a second term would bring. AdvertisementBoth Vice President Kamala Harris and former President Donald Trump have won support from America's business titans and CEOs. On Tuesday, the New York Times reported that both JPMorgan CEO Jamie Dimon and Microsoft founder Bill Gates support Harris, but won't say so publicly. On the flipside, it's also possible that there are pro-Trump CEOs who don't want to alienate liberal customers and employees. In an appearance on CNBC's "Squawk Box" on Wednesday, billionaire hedge fund manager Bill Ackman suggested that there's a well of silent Trump support among CEOs.

Persons: Jamie Dimon, Bill Gates, Kamala Harris —, Trump, —, Kamala Harris, Donald Trump, Harris, Gates, didn't, Dimon, he's, hasn't, John Deere, Jeffrey Sonnenfeld, They're, … Trump, Sonnenfeld, Joe Evangelisti, it's, Bill Ackman, Bill, Ackman, Mark Cuban, there's Organizations: Service, New York Times, Microsoft, Times, Yale School of Management, Leadership, Republican, JPMorgan, Trump Locations: Mexico, That's

“I don’t even know what that means anymore.”As Election Day approaches, campaigns are making their last-ditch effort to court young voters like Dalal. Community impactYoung voters say 2016 felt like the beginning of a new timeline, not just for them, but for the country. “Now, I don’t even want to talk to my mom about the election.”Other Gen Z voters say their whole adult lives have been filled with similar interactions. “She’s not putting her pronouns after everything, she doesn’t have to claim Indigenous rights before every Zoom call.”Many progressive young voters take issue with Harris for those same reasons. An NBC News poll of Gen Z voters conducted in August found that abortion is the issue young voters rank third in importance, behind inflation and threats to democracy.

Persons: Avery Dalal, Donald Trump’s, ’ ” Dalal, They’ve, Dalal, He’s, they’ve, ” Dalal, Avery, ”, Emily Slatkow, Trump, Harris, “, Danielle Jober, Kamala Harris, Lauren, she’s, ” Lauren, Jober, Joe Biden, Danielle Jober “, ” Jober, Slatkow, Biden, ” Slatkow, Bernie Sanders, Harris ’, “ Kamala, “ She’s, Gen, Roe, — Organizations: NBC News, Republican, NextGen America, Biden, Trump, Democratic, Pew Research Center, NBC, Democrat Locations: Texas, “, Arizona, Florida, Israel, Palestine

“We assess that between early- to mid-October, North Korea moved at least 3,000 soldiers into eastern Russia,” National Security Council spokesman John Kirby said. “We assess that these soldiers traveled by ship from the Wonsan area in North Korea to Vladivostok, Russia. “We are seeing evidence that that there are North Korean troops that have gone to Russia,” Austin told reporters traveling with him in Rome on Wednesday. A senior administration official said earlier Wednesday that the training of North Korean soldiers and possible preparation to send them to find to Ukraine is a sign of serious desperation on Russia’s part. Meanwhile, South Korea’s spy agency, the National Intelligence Service, said Friday that North Korea has shipped 1,500 soldiers, including special forces fighters, to Russia for training.

Persons: “, John Kirby, …, Defense Lloyd Austin, ” Austin, Austin, Kirby, Putin, ” Kirby, Volodymyr Zelensky, Kevin Liptak, MJ Lee Organizations: CNN, Ukraine, ” National Security, Defense, US, Korean, Kremlin, UN, United, NATO, National Intelligence Service Locations: Russia, North Korea, Wonsan, Vladivostok, Ukrainian, Korea, Ukraine, Rome, Europe, Pacific, Moscow, Pyongyang, United States, Kyiv, Washington, Koreans, South

☆ Popular Restaurants Can Get Killed by a Michelin Star, Food Awards
▼ + stars: | 2024-10-23 | by ( Emily Stewart | ) www.businessinsider.com time to read: +9 min

He then looked at the diverging fortunes of those restaurants that went on to receive a Michelin star — a signifier of excellence in the industry. By 2019, Sands found that restaurants given a Michelin star were more likely to shutter. The publicity created around an award such as a Michelin star drives interest. But he pointed out that even if they ultimately failed, the Michelin restaurants that closed in Sands' research generally had a pretty good run. In many ways, "what to do about growth" is a classic question in any business, including restaurants and hospitality.

Persons: Daniel Sands, Sands, Darren Tristano, Joe Carroll, Anselm, haven't, Carroll doesn't, Danny Meyer, Ryan Sutton, It's, John Gordon, Carroll, Semilla, Emily Stewart Organizations: University College London's School of Management, Michelin, The New York Times, New York Times, New, Square, LO Times, Business Locations: York, New York, Brooklyn, Sands, San Diego, , New York, Philadelphia, Manhattan

☆ The CEO of Perplexity said the AI-powered search engine isn't trying to replace the news
▼ + stars: | 2024-10-23 | by ( Melia Russell | ) www.businessinsider.com time to read: +5 min

Perplexity CEO Aravind Srinivas addressed the lawsuits the company is facing from news publishers. At a WSJ conference appearance, Srinivas said Perplexity was previously in conversations with Dow Jones. "Let's talk about the elephant in the room," Aravind Srinivas, cofounder and CEO of Perplexity, opened his interview at Wall Street Journal's Tech Live conference. People are directly going to [The] New York Times, The Wall Street Journal," Srinivas said. So, for example, a user can ask Perplexity about a shoe company that has just gone public on Wall Street.

Persons: Aravind Srinivas, Srinivas, Perplexity, Dow Jones, —, Rupert Murdoch's Dow Jones, Mark Penn, Deepa Seetharaman, Anthropic, Claude, It's, OpenAI Organizations: Service, Tech, New York Post, Journalism, New York Times, Street, Microsoft Locations: New York

☆ Sudan: ‘The world doesn’t see us’, said a militia chief while holding Clarissa Ward captive in Darfur
▼ + stars: | 2024-10-23 | by ( Clarissa Ward | ) edition.cnn.com time to read: +12 min

North Darfur, Sudan CNN —“La tasweer! During our journey in and out of North Darfur, we spent many hours traversing the remote region on sandy tracks. During our time in North Darfur, we passed at least six cell phone towers but none of them were operational. “The world doesn’t see us, the help doesn’t come,” the security chief mused to me one afternoon. The security chief poses with Scott McWhinnie and Clarissa Ward after announcing the team would be released.

Persons: Sudan CNN —, hemming, Scott McWhinnie, “, we’re, ”, Brent Swails, “ What’s, Clarissa Ward, Abdul Wahid al, Tawila, Abu Gamra, Don’t, don’t, Scott’s, Ward, ” Michel Lacharité, mused Organizations: Sudan CNN, CNN, Sudan Liberation Movement, Sudanese Armed Forces, SAF, Rapid Support Forces, UN, Toyota Land Cruiser, US, Emergency Operations, Yale Humanitarian Research Locations: Darfur, Sudan, North Darfur, El Fasher, Tawila, El, Ukraine, Gaza, New York City, Abu, Port Sudan, Geneva, Adre, Chad, Zamzam

☆ 'Turning the page': Harris says America is ready for a female president of color
▼ + stars: | 2024-10-22 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Seitz-Wald-Circle-Byline-Template.Jpg | Alex Seitz-Wald | ) www.nbcnews.com time to read: +5 min

Harris would be the first female president in American history and only the second nonwhite one. “My challenge is the challenge of making sure I can talk with and listen to as many voters as possible and earn their vote. On abortion rights, Harris said she is not interested in finding a potential compromise with Republicans to restore some abortion rights nationwide after the end of Roe v. Wade. Harris said the support from Cheney and other Republicans should not be taken as a sign of her softening her commitment to abortion rights. "Joe Biden is an extremely accomplished, experienced and capable in every way that anyone would want if they’re president," Harris said.

Persons: Kamala Harris, Hallie Jackson, ” Harris, Harris, Liz Cheney, Barack Obama, Hillary Clinton, “, ”, Donald Trump, Roe, Wade, Cheney, Dobbs, ” Cheney, Joe Biden's, Trump, Joe Biden, Donald Trump’s Organizations: NBC News, Naval Observatory, Washington , D.C, Republican, Republicans Locations: Washington ,, Michigan, Wyoming, United States

☆ Diddy's children break their silence on his arrest and compare the accusations to 'conspiracy theories'
▼ + stars: | 2024-10-22 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +4 min

Sean "Diddy" Combs is awaiting trial on federal charges of sex trafficking, racketeering, and more. AdvertisementAs Sean "Diddy" Combs awaits trial in jail on three felony charges, including sex trafficking, his children are standing united behind their father. AdvertisementThe photo shows all six children with their father, plus Combs' mother, Janice Small Combs; Combs' seventh child, a 1-year-old daughter named Love Sean Combs; and Love's mother, Dana Tran. Combs, the millionaire rap entrepreneur and founder of Bad Boy Records, has been charged with racketeering conspiracy, sex trafficking, and transportation to engage in prostitution. Kim Porter and Sean Combs in 2018 with their four children: D'Lila, Christian, Quincy, and Jessie.

Persons: Sean, Diddy, Combs, —, Quincy Brown, Justin Combs, Christian Combs, Chance Combs, D'Lila Star Combs, Jessie James Combs, Janice Small Combs, Love Sean Combs, Dana Tran, Kim Porter, Sean Combs, Jessie, Charley Gallay, Porter, — Quincy, Jessie — Organizations: Service, Bad Boy Records, Metropolitan Detention, Netflix Locations: New York's, Christian, Quincy

New York CNN —Mike Jeffries, the former CEO of Abercrombie & Fitch, has been arrested on charges related to sex trafficking, two sources familiar with the case tell CNN. Smith, 61, of West Palm Beach, Florida, was the romantic partner of former Abercrombie & Fitch CEO Mike Jeffries. Abercrombie & Fitch said it was “appalled” by the allegations and launched an independent investigation into the matter. Jeffries served as CEO of Abercrombie & Fitch from 1992 until 2014, when the company announced his retirement. That year, Abercrombie & Fitch succumbed to the pressure and announced they would begin offering plus-sizes in some clothing.

Persons: Mike Jeffries, Abercrombie &, Jeffries, Matthew Smith, James Jacobson, Smith, Jacobson, Paul Minnesota, “, ”, Brian Bieber, Michael Jeffries, Saint Barthélémy, it’s, Fitch, Abercrombie, Zers Organizations: New, New York CNN, Abercrombie, Abercrombie & Fitch, CNN, of, Prosecutors, Fitch, Southern District of, Hamptons Locations: New York, Eastern, of New York, West Palm Beach , Florida, Rice Lake , Michigan, Southern District, Southern District of Florida, Wisconsin, St, Paul, United States, New York City, England, France, Italy, Morocco, Minnesota

☆ The NFL's $1,000 branded designer jackets are the latest sign of fashion's newfound love affair with sports
▼ + stars: | 2024-10-22 | by ( Maria Noyen | ) www.businessinsider.com time to read: +6 min

New York low-key women's fashion brand Veronica Beard just launched a collaboration with the NFL. On Sunday, the NFL announced a partnership with Veronica Beard, a low-key luxury fashion brand in New York founded in 2010 by sisters-in-law Veronica Miele Beard and Veronica Swanson Beard. AdvertisementMany luxury brands are increasingly courting sports fans as an untapped source of revenue. The luxury fashion industry can't rely on sports to be its saving grace long-termHowever, Pedraza said, not all collaborations reap big rewards. "There's a bit of a lack of innovation on the part of some luxury brands," he said.

Persons: Veronica Beard, —, Veronica Miele Beard, Veronica Swanson Beard, Veronica, Dickey Jackets, Renie Anderson, Taylor Swift, Serdari, Swift, LVMH, Bernard Arnault's, Red Bull, Louis Vuitton, Bernard Arnault, Victor Boyko, Milton Pedraza, Pedraza, — Gen Zers, millennials —, they're, Mary Organizations: NFL, Service, Business, NYU's Stern School, Formula, Bloomberg, Paris FC football, Red, Paris Olympics, NBC, Luxury Institute Locations: York, New York

☆ Washington’s Arab allies engage with Iran as US efforts to stem Middle East violence falter
▼ + stars: | 2024-10-22 | by ( Mostafa Salem | ) edition.cnn.com time to read: +7 min

Abu Dhabi, UAE CNN —Growing unease over the United States’ inability to de-escalate tensions in the Middle East is prompting some of Washington’s closest Arab allies to significantly increase engagement with its primary regional adversary: Iran. Arab nations that had spent decades brawling with Iran for regional influence are now opting to engage with it again. Despite seeing an opportunity to weaken Iran’s regional influence, Arab nations are now signaling neutrality. “The Gulf (Arab) monarchies’ priority is not to be directly involved in a proper regional conflagration. Still, regional states rely heavily on their military relationship with the US.

Persons: State Anthony Blinken, Yahya Sinwar, Israel, Blinken’s, Hassan Nasrallah, Ismail Haniyeh, Prince Mohamed bin Salman, Ayatollah Ali Khamenei, Hitler, ”, Abbas Araghchi, Jordan’s King Abdullah II, Abdel Fattah Al, ” Araghchi, Crown Prince Sabah, Cinzia Bianco, ” Kuwaiti Crown Prince Sheikh, ” Kuwaiti Crown Prince Sheikh Sabah Khaled Al, Hamad Al, ” Hasan Alhasan, Biden, Benjamin Netanyahu, “, ” Anwar Gargash, Joe Biden’s, Abu, ” Bianco, Jake Sullivan Organizations: UAE CNN, State, Saudi Arabia’s, Iranian, Saudi, Bahraini, Crown, CNN, European Council, Foreign Relations, ” Kuwaiti Crown, Kuwait News Agency, Reuters, Middle, International Institute for Strategic Studies, Israeli, United Arab Emirates, US, US National, Atlantic Festival Locations: Abu Dhabi, UAE, United States, Washington’s, Iran, Republic, Israel, Gaza, Lebanon, Tehran, Riyadh, Tehran’s, Amman, Egypt, Abdel Fattah Al Sisi, Cairo, Doha, Muscat, Manama, Crown Prince, Crown Prince Sabah Al, Sabah, Kuwait City, Islamic Republic, ” Kuwaiti Crown Prince Sheikh Sabah, Bahrain, Saudi Arabia, Saudi, Washington, Yemen, China, Washington ,

☆ Psilocybin: Searching for the antidepressant of the future
▼ + stars: | 2024-10-22 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +13 min

The stakes are high for psilocybin clinical trials — there’s a pressing need for a more effective medical solution in the fight against depression, especially treatment-resistant depression. “People begin to feel, understand and appreciate that their brain can change and they can escape from their depression,” Nutt said. “For that reason alone, this research matters.”At six weeks, the study found no significant difference in depression scores between the antidepressant and psilocybin groups. In fact, Madras said, adverse effects are such a concern that researchers in psychedelic clinical trials often actively recruit people who have successfully taken psychedelics in the past. In a study using psilocybin for alcohol substance abuse, for example, some 95% of those involved correctly guessed whether they were taking psilocybin or the placebo.

Persons: ”, Dr, Bertha Madras, “, Charles Raison, ’ “, don’t, David Nutt, ” Nutt, it’s, I’m, Timothy Leary, hasn’t, It’s, Harvard’s, Casey Wolfington, Katie Harmon, escitalopram, Nutt, Tommaso Barba, wasn’t Organizations: CNN, Harvard Medical, McLean Hospital, University of Wisconsin School of Medicine, Public Health, Vail Health Behavioral Health Innovation Center, Imperial College London’s, Food, FDA, Imperial College London Locations: United States, Belmont , Massachusetts, ” Madras, Madison, Vail, Colorado, Harvard’s Madras, Madras

☆ Meet the millionaires next door who grew their wealth without a superstar job or get-rich-quick tricks
▼ + stars: | 2024-10-22 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +11 min

"We aren't flashy with our wealth because money isn't our ultimate goal," one said. Gary said they had an "incredibly average" path to wealth, emphasizing prudent investments and modest living. Some stories of people striking it rich and retiring early include unrelatable circumstances, such as family wealth, entrepreneurship, or a superstar career at the top of the corporate ladder. Lawrence Delva-Gonzalez and his wife grew their net worth from $150,000 in debt in 2012 to $1.3 million in 2024. AdvertisementJustin Hall and his wife now live a nomadic lifestyle after retiring early.

Persons: —, Anthony Drew Gary, Gary, could've, Xiao Yu, Xiao Yu Yu, It's, Yu, they're, it's, Lawrence Delva, Gonzalez, Delva, Justin Hall Organizations: Service, Indiana, Aldi, Federal, Federal Reserve, Marine Corps, Justin Hall Hall, Air Force Locations: Indianapolis, China, Washington, DC, Port, Prince, Haiti, Tallahassee, Virginia

☆ How Liz Cheney tried to give GOP women permission to vote for Harris
▼ + stars: | 2024-10-22 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

CNN —Republican women can vote for Kamala Harris — and they don’t need to tell anyone about it. Such voters need to be approached gently since she’s asking dissident Republican voters to shelve some of their most cherished political positions. Cheney’s appearances with Harris came as the vice president seeks to further widen a massive gender gap with the ex-president among women voters. A New York Times/Siena College poll this month showed Harris leading women voters by 56% to 40% over Trump. Trump’s struggles with women votersHarris’ events with Cheney raised the question of just how many Republican voters might be in reach for her.

Persons: Kamala Harris —, Liz Cheney’s, Donald Trump, Roe, Wade, aren’t, Harris, Cheney, ” Cheney, “, she’s, Haley The Harris, Bush, Reagan, Dick Cheney, Nikki Haley, Trump, I’m, ” Cheney –, –, – it’s, He’s, He’s overbearingly, ”, Haley “, Sarah Huckabee Sanders, Arnold Palmer’s, ’, Kristen Soltis Anderson, Kasie Hunt, “ Dick Cheney, ” Trump Organizations: CNN, Republican, Democratic, Trump, GOP, South Carolina Gov, New York Times, Siena, White, South, White House, Republicans, Truth Locations: Waukesha County, Milwaukee, Pennsylvania, Michigan, Detroit, Wyoming, Chester County , Pennsylvania, Philadelphia, Texas, Alabama, South Carolina, Arkansas, Iraq

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