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☆ After Dramatic Surrender, Son of El Chapo Pleads Not Guilty to Drug Charges
▼ + stars: | 2024-07-30 | by ( Alan Feuer | Robert Chiarito | ) www.nytimes.com time to read: +1 min

A son of El Chapo, the jailed Mexican drug lord, pleaded not guilty to federal drug conspiracy charges on Tuesday, five days after taking a dramatic private flight across the border and surrendering himself and his father’s former business partner to U.S. officials at an airport near El Paso. At a hearing in Federal District Court in Chicago, the son, Joaquín Guzmán López, faced an American judge for the first time since he was charged in that city last year with serving as a high-ranking member of the Sinaloa drug cartel. Included in the same indictment were his three brothers, his father and Ismael Zambada García, his father’s onetime partner in crime. On Thursday, federal officials said, Mr. Guzmán López kidnapped Mr. Zambada García after luring him down from one of his mountain hide-outs to the Mexican city of Culiacán, which has long served as the urban stronghold for the Sinaloa cartel. After the two men's bodyguards clashed, the officials said, Mr. Guzmán López forcibly put his captive onto a private plane and flew him over the border and into the hands of U.S. federal agents.

Persons: El Chapo, Joaquín Guzmán, Ismael Zambada García, Guzmán López, Zambada, —, Zambada García, N.M Organizations: Federal, Court, U.S Locations: Mexican, El Paso, Chicago, Sinaloa, Culiacán, Mexico, Santa Teresa

☆ Record heat is set to drive the cost of fruits and vegetables higher
▼ + stars: | 2024-07-30 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +6 min

But US consumers aren’t only taking a financial hit from this summer’s extreme heat by way of their electricity bills. Shoppers could soon have to pay much higher prices for fruit and vegetables as farmers shoulder higher growing costs from the heat, a reversal of a trend seen over the past year with the cost of fruits and vegetables dropping by 1%, according to June Consumer Price Index data. For the rest of this summer, consumers aren’t likely to see markedly higher prices for seasonal fruits like blueberries because contracts with distributors and retailers tend to be worked out in advance, he said. Climate change, he said, is causing his business to suffer financially with reduced crop yields. However, the steep costs to make that switch could also contribute to higher prices consumers pay for produce.

Persons: It’s, Tom Avinelis, ”, Avinelis, Tom Avinelis “, Mohamed bin, Kumaraswamy Ponnambalam, Ponnambalam, coauthors, Henry Gordon, Smith, it’s, Gordon Organizations: New, New York CNN, Foods, Costco, Safeway, CNN, Atlantic Council, University of Waterloo, University of Artificial Intelligence, “, Smart Agriculture, Columbia University Locations: New York, Fresno , California, Willamette, Oregon, California, Ontario, Canada, University, Abu Dhabi, Santa Maria , California

☆ Sharks are congregating at a California beach. SharkEye’s AI is trying to keep swimmers safe
▼ + stars: | 2024-07-29 | by ( Amy Gunia | ) edition.cnn.com time to read: +7 min

CNN —On summer mornings, local kids like to gather at Padaro Beach in California to learn to surf in gentle whitewater waves. Human vs. AI shark detectionA rise in the popularity of drones, and the proliferation of social media, may make it seem like sharks are everywhere. Although there hasn’t been a fatal attack recorded at Padaro Beach, some community members were concerned when sharks began loitering there. SharkEye's drone pilot, Samantha Mladjov, at Padaro Beach in California. Officials in Honolulu said this month that they’re considering launching a drone shark surveillance program, according to local media.

Persons: SharkEye, ” Neil Nathan, BOSL, hasn’t, Nathan, Samantha Mladjov, Science Laboratory Nathan, ”, “ Organizations: CNN, University of California Santa, Science Laboratory, Science, Stanford University, Florida Museum, Natural, New, Officials, “ Sharks Locations: Padaro, California, New York, Sydney, Padaro Beach, Santa Barbara, India, Australia, Queensland, Mexico, Caribbean, New South Wales, Bondi, Honolulu, Hawaii

☆ What’s it like to play Olympic beach volleyball in the Eiffel Tower’s shadow? ‘Iconic’
▼ + stars: | 2024-07-29 | by ( Brendan Quinn | ) www.nytimes.com time to read: +5 min

And in that sky, directly above this beach volleyball stadium, loomed the Eiffel Tower. Of all 32 sports being played in these Olympics, none has a location that rivals beach volleyball. Beach volleyball’s Olympic history dates back to 1996 and a simple artificial beach stadium in Clayton County Park outside Atlanta. It’s easy to feel impossibly small in the shadow of the Eiffel Tower. There are seven more sunsets over Eiffel Tower Stadium for beach volleyball.

Persons: Kelly Cheng, Sara Hughes, Hughes, Cheng, They’ve, Paris . Cheng, ” Cheng, “, Cameron Spencer, de Mars, ”, Kristen Nuss, Nuss, Taryn Kloth’s, ” Hughes, “ I’ve, ” Kelly Cheng, Loyola Stien, Aline Chamereau, Clémence Vieira, ” Chamereau, Champ de, Manoir, Rodolfo Buhrer Organizations: FIVB, University of Southern, NCAA, Hollywood, London, Horse Guards, Canada, Games, Sunday, Eiffel, Loyola, Paralympic, Olympic Locations: University of Southern California, Paris ., Paris, Angeles, Santa Monica, Clayton County Park, Atlanta, St James’s, London, Rio, Copacabana, Tokyo, Shiokaze, American, U.S, Czech Republic, Germany, Eurasia

☆ Simone Biles' husband, Jonathan Owens, is missing training camp to watch his wife at the Olympics. Here's a timeline of their 4-year relationship.
▼ + stars: | 2024-07-29 | by ( Gabbi Shaw | ) www.businessinsider.com time to read: +14 min

AdvertisementA post shared by Simone Biles (@simonebiles)Two days later, Biles posted about watching Owens play with the Texans before the couple celebrated the new year together. March 2023: Biles and Owens reveal that they're building a house together"cheers to breaking ground," Biles wrote. AdvertisementNovember 2023: Biles attends a Packers game in Green BayBiles has attended multiple football games to support her husband. December 2023: Biles and Owens appear on 'The Pivot,' and Owens is later criticized for some of his commentsOwens and Biles attended a basketball game together. Biles posted an Instagram of the two captioned "mood," while Owens posted, "Unbothered.

Persons: —, Simone Biles, Jonathan Owens, Owens, Biles, Instagram, Craig Barritt, he'd, Jonathan Owens 🏈, Jo, ike, ," he, ove, abou, ove on I, alon, Bil, Owen, Simo, "I, ivo, thing was, my f, 'Wh, ari, Matt Eber f Organizations: Service, Raya, Business, SK, Texas, Wall Street, uts, ard, isl, SA Locations: Paris, City of, Instagram, Tokyo, Raya, Houston, Texas, Adria, ife

☆ Opinion: Americans don’t have enough in the bank to weather unrelenting disasters
▼ + stars: | 2024-07-28 | by ( Opinion Daniel Kaniewski | ) edition.cnn.com time to read: +12 min

Even though floods have impacted 99% of US counties over the past 28 years, only 4% of homeowners have flood insurance. For those without flood insurance, FEMA provided $4,400 on average. Individuals and communities both have roles to play in building financial resilience to disasters. These Community Disaster Resilience Zones qualify for reduced local costs and additional technical assistance. Improving financial literacy is fundamental for making sound financial disaster preparedness decisions.

Persons: Daniel Kaniewski, Marsh McLennan, Beryl, Hurricane Harvey, Scott Olson, Daniel Kaniewski Marsh McLennan, Harvey, Hurricane Beryl, Greenlee Beal, Money, Nic Coury Organizations: Federal Emergency Management Agency, FEMA, CNN, Homes, US Chamber of Commerce, Allstate, Reuters, Stock, Wilder, National Flood Insurance Locations: Texas, Sugar Land , Texas, Alabama, Galveston , Texas, Florida, Virginia, Wilder Ranch, Santa Cruz , California, AFP, New York City

☆ Generative AI requires massive amounts of power and water, and the aging U.S. grid can't handle the load
▼ + stars: | 2024-07-28 | by ( Katie Tarasov | ) www.cnbc.com time to read: +4 min

Katie TarasovChasing powerThere are more than 8,000 data centers globally, with the highest concentration in the U.S. And, thanks to AI, there will be far more by the end of the decade. Boston Consulting Group estimates demand for data centers will rise 15%-20% every year through 2030, when they're expected to comprise 16% of total U.S. power consumption. Tench said Vantage's data centers typically have the capacity to use upward of 64 megawatts of power, or as much power as tens of thousands of homes. And as we think about AI applications, those numbers can grow quite significantly beyond that into hundreds of megawatts," Tench said . Vantage Data Centers is expanding a campus outside Phoenix, Arizona, to offer 176 megawatts of capacity Vantage Data CentersHardening the gridThe aging grid is often ill-equipped to handle the load even where enough power can be generated.

Persons: Katie Tarasov, they're, OpenAI's ChatGPT, Jeff Tench, Tench, there's, Shaolei Ren, Rahul Chaturvedi, Chaturvedi, ChatGPT Organizations: Boston Consulting, CNBC, Vantage, North, University of California, U.S Locations: Santa Clara , California, U.S, Silicon Valley, North America, Northern California, Ohio , Texas, Georgia, Phoenix , Arizona, Riverside, Virginia, San Diego

Details are still emerging about what led last week to one of the most significant and stunning cartel busts in recent memory. Joaquín Guzmán López, one of the sons of convicted cartel boss Joaquín “El Chapo” Guzmán, duped Zambada and orchestrated their arrest, officials told CNN. At the time, Zambada told Proceso that fear about being captured weighed on him constantly. Now that Zambada and Guzmán López are in US custody, authorities are ready to make the case against them. But is it going to create a collateral effect or have an impact on drug trafficking?

Persons: Ismael “ El, Ismael “ El Mayo ” Zambada, Joaquín Guzmán, Joaquín “, Guzmán, Zambada, hasn’t, “, Frank Perez, ” Guzmán, Jeffrey Lichtman, Lichtman, Joaquin, ”, Steven Dudley, who’s, Mexico’s, Andrés Manuel López Obrador, Ismael, El, Rodrigo Oropeza, Proceso, El Fantasma, Mike Vigil, “ Mayo Zambada, ” Vigil, ” Dudley, “ I’m, he’s, they’d, Zambada didn’t, López, El Chapo’s, Guzmán López, General Merrick Garland, El Mayo, takedowns, won’t, Ione Molinares, Fidel Gutierrez, Rafael Romo, Abel Alvarado, Amanda Musa Organizations: CNN, Ismael “ El Mayo ”, Los Angeles Times, Getty, Authorities, ‘ El Mayo, Drug Enforcement, Agents, Homeland Security Investigations, Reuters, Beechcraft King Air Locations: Sinaloa, Mexico, El Paso , Texas, Chicago, United States, El Mayo, AFP, ‘, Zambada, Santa Teresa

☆ Early West Nile Virus activity in the United States may point to a once-in-a-decade spike infections. Here’s what survivors want you to know.
▼ + stars: | 2024-07-27 | by ( Brenda Goodman | ) edition.cnn.com time to read: +21 min

Jule Hamrick spent years in physical therapy to learn how to walk again after a West Nile Virus infection. “So kind of like what you see with long Covid, we’ve seen that with West Nile as well, where you can get this ‘long West Nile’ kind of picture.”Watching West Nile patients struggle to recover from their infections made Murray wonder what would become of survivors over time. Brittany Yeager recently returned to the Girl Scout Camp in Idaho where she caught the West Nile virus. She went to two hospitals before a doctor tested her spinal fluid and discovered that she had West Nile virus. The CDC keeps maps of where West Nile cases have been detected in the United States.

Persons: Brittany Yeager, Yeager, Charlie, Streby, “, ”, Kisstina Streby, John Brittingham, he’s, Jule Hamrick, welt, ” Yeager, Brittingham, Jule Hamrick “, Ben Beard, Emma Underwood, –, Kristy Murray, Atlanta . Murray, they’ve, ” Murray, Murray, Max Vigilant, we’ve, she’s, Erin Staples, ” Staples, Staples, haven’t, “ It’s, Charlie Yeager Yeager, Heather, ” Heather, Heather Brittingham John, John, backslide, she’d, ” Jule Hamrick, Hamrick, She’s, don’t, It’s, ” Hamrick Organizations: CNN, Girl Scout, US Centers for Disease Control, Prevention’s, Vector, University of South, Emory University, Houston, Harris County Public Health, West, US Food and Drug Administration, New England, of Medicine, CDC, Vaccine, “ Locations: Idaho, Santa Fe , New Mexico, Roswell , Georgia, University of South Florida, Tampa, Hillsborough County , Florida, West, Atlanta ., New York City, Nile, Harris County, Tex, Texas, West Nile, Kennewick , Washington, CDC’s, United States, Santa Fe, Santa, Albuquerque, Chicago, Houston

☆ The alleged Mexican drug cartel bosses arrested or extradited in recent years
▼ + stars: | 2024-07-27 | by ( Karol Suárez | ) edition.cnn.com time to read: +6 min

CNN —Federal agents arrested two Mexican alleged cartel bosses on Thursday, including Joaquin Guzmán López, the son of infamous cartel boss Joaquin “El Chapo” Guzman, in one of the biggest victories for US law enforcement in recent years. Zambada is a co-founder of the Sinaloa cartel. He faces charges in the US for conspiracy to import and distribute drugs, along with his brother Joaquín Guzmán López. Ismael “El Mayo” Zambada and Joaquín Guzmán López (July 2024)Ismael “El Mayo” Zambada was arrested on Thursday, July 25, 2024, in El Paso, Texas, alongside Joaquín Guzmán López, 38, son of El Chapo. Zambada is considered by US authorities to be the current leader of the Sinaloa cartel.

Persons: Joaquin Guzmán López, Joaquin “ El Chapo ” Guzman, Ismael “ El, Zambada, “ ‘, Guzmán López, ”, General Merrick Garland, Antonio Yépez Ortiz, El, Antonio Yépez, “ El Marro ”, José Antonio Yépez Ortiz, Alfonso Durazo, “, Marro ”, Yépez, Rafael Caro Quintero, Rafael Caro Quintero AP Rafael Caro Quintero, Caro Quintero, Miguel Ángel Félix Gallardo, Enrique “ Kiki ” Camarena, Ovidio Guzmán López, Ratón ”, “ El, Guzmán, Joaquín Guzmán, Andrés Manuel López Obrador, Néstor Isidro Pérez, Administration Néstor Isidro Pérez “, Nini ”, Néstor Isidro Pérez Salas, Pérez, Ismael “ El Mayo ” Zambada Organizations: CNN, Investigators, Ismael “ El Mayo ” Zambada, “ ‘ El Mayo ’, Sinaloa Cartel, Department of Justice, Lima Cartel, State Attorney, Rafael Caro Quintero AP, Mexican Navy, US State Department, US Department of, Treasury, US Department of Justice, United States Drug, Administration, District of Columbia, of, Ismael “ El Mayo ”, ” Authorities Locations: Sinaloa, El Paso , Texas, “ ‘ El, United States, Santa Rosa, Lima, Guanajuato, Lima Cartel, Guadalajara, Mexico, Culiacán, District, Southern, of New York, New York

☆ Opinion | Campaign Advice for Kamala Harris
▼ + stars: | 2024-07-26 | by ( ) www.nytimes.com time to read: 1 min

To the Editor:Democrats’ weak spot has always been their reluctance to fight. Much of this country sees Donald Trump as their hero because they like his combative, vulgar style. What Kamala Harris must do now and throughout the campaign is to be aggressive — a bulldog, a street fighter with brains, the “go for the jugular” prosecutor. No mercy when it comes to showing this country what a lying criminal Mr. Trump is. MacKenzie AllenSanta Fe, N.M.To the Editor:I will excitedly support and vote for Kamala Harris if she becomes the Democratic nominee for president.

Persons: Donald Trump, Kamala Harris, Trump, Harris, MacKenzie Allen Santa Organizations: Democratic Locations: MacKenzie Allen Santa Fe

☆ A massive tech sell-off and small-cap rally are just getting started. Make 5 investments to avoid missing out.
▼ + stars: | 2024-07-26 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

Small caps should also get a boost from interest rate cuts, which typically translate to disproportionately large gains for the group. That helps confirm what investors are realizing: small caps are the place to be. When large caps sneeze, the market catches a coldThe small-cap breakout has coincided with large technology stocks breaking down. Small caps also tend to have less of an international presence than their larger peers, so they don't miss out as much when converting overseas profits to dollars. The small-cap index is closely tied to economically sensitive parts of the market, which should continue to participate in this rally.

Persons: —, chartmaster, BMO Capital Markets David Keller, who's, Russell, David Keller, StockCharts.com, Keller, you've, he'd, Keller didn't Organizations: Service, Tech, Nvidia, Meta, Business, BMO Capital Markets, BMO Capital, BMO, Therapeutics, Myriad Genetics, Holdings

☆ The world’s greatest places of 2024, according to TIME
▼ + stars: | 2024-07-25 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +4 min

CNN —Make sure you’ve got enough pages in your passport, because TIME has just released its list of the world’s 100 greatest places to visit in 2024. CNN Travel spoke to TIME senior editor Emma Barker about some of the trends they’ve seen emerging this year. Barker points to “these sort of otherworldly art and design places” like Aranya, China. “Those kinds of places that result in stunning photography are really popular,” she says. It’s “kind of like a middle-aged retreat,” says Barker, “which I think is really interesting and fun.

Persons: you’ve, Koh Samui, Emma Barker, Barker, “ They’re, ”, “, — “, “ You’re Organizations: CNN, TIME, ”, Elder Academy, CNN Travel Locations: Costa Rica, Republic of the Congo, York, Aranya, China, Botswana, Antarctica, they’re, Santa Fe , New Mexico, Maui

☆ Ismael “El Mayo” Zambada: US operation to capture Sinaloa cartel leaders had the help of one of the captured men: a son of ‘El Chapo,’ official says
▼ + stars: | 2024-07-25 | by ( Emma Tucker | Polo Sandoval | Evan Perez | ) edition.cnn.com time to read: +9 min

Ismael “El Mayo” Zambada, 76, the alleged co-founder and leader of the powerful Sinaloa cartel, was arrested in El Paso, Texas, Thursday, Attorney General Merrick Garland said in a statement. Another alleged cartel leader, Joaquin Guzman Lopez, 38, was also arrested, he said. But Zambada didn’t know US investigators had exploited a rift in the Sinaloa cartel and Guzman Lopez was helping with Zambada’s capture, the official said. Ismael “El Mayo” Zambada, a historic leader of Mexico’s Sinaloa cartel, left, and Joaquín Guzmán López, a son of another infamous cartel leader, after they were arrested by US authorities in Texas, the US Justice Department said Thursday. “Ismael Mario Zambada Garcia is the long-time leader of the Zambada Garcia faction of the Sinaloa Cartel.

Persons: CNN —, Ismael “ El, General Merrick Garland, Joaquin Guzman Lopez, Guzman, Joaquin “ El Chapo ” Guzman, Zambada, Guzman Lopez, Ismael “ El Mayo ” Zambada, Guzmán, Rosa Icela Rodriguez, “, ” Rodriguez, Andres Manuel Lopez Obrador’s, Rodriguez, Rodriquez, ” Garland, extraditions, “ Ismael Mario Zambada Garcia, Zambada Garcia, Christopher Wray, ” Wray, Anne Milgram, El, ”, Vicente Zambada Niebla, Chapo, “ El, “ El Mayo ” Zambada Organizations: CNN, Ismael “ El Mayo ” Zambada, FBI, Reuters, Ismael “ El Mayo ”, US Justice Department, US Department of State, AP, Mexico’s National Immigration Institute, Cessna, Justice Department, US State Department, Drug, Administration, ”, Sinaloa Cartel, Eastern, of, ” CNN, “ El Mayo ”, Police, Border Patrol Locations: Mexican, United States, Sinaloa, El Paso , Texas, Mexico, El Paso, Santa Teresa, “, Mexico’s Sinaloa, Texas, Hermosillo, Illinois, Chicago, Guatemala, Brooklyn, of New York, Ciudad Juarez, American, Juarez, Columbus , New Mexico

Neumann noted the latest Europol data showed “the number of attacks and planned attacks has more than quadrupled” since 2022. The apparent uptick in the recruitment of young radicals to carry out acts of terror comes as European security officials express worries at a potential resurgence of organized – or “directed” - terror attacks. The group has built a remarkable presence in Turkey over the past three years, according to court documents and analysts. Swiss police in March arrested a 15-year-old Swiss boy and a 16-year-old Italian boy for ISIS support and plotting bomb attacks, according to a police statement. Yulia Morozova/ReutersThe extent of ISIS-K’s use of Turkey as a transit hub is acknowledged by officials in the Turkish indictment.

Persons: Peter Neumann, Neumann, ”, ” Neumann, “, Lise Jaulin, Dilara Senkaya, “ Rustam, Rustam, Yulia Morozova Organizations: CNN, ISIS, Paris Olympics, King’s College London, MIT, Swiss, Analysts, Soviet Union, Turkish, Italian Santa Maria Catholic Church, Foreign Operations, Hall, Foreign Locations: Europe, West, Paris, Islamic, Khorasan, Central Asia, Turkey, Saint, French, France, Haute, Savoie, Dusseldorf, Heidelberg, Montenegro, Austria, Afghanistan, Tajikistan, Moscow, Italian, Istanbul, Swedish, Pakistan, Tajik, Iran, Russia, Crocus, Syria, Iraq

☆ Remember when Taylor Swift wore drag in ‘The Man’ music video
▼ + stars: | 2024-07-25 | by ( Caitlin Chatterton | ) edition.cnn.com time to read: +12 min

Ethan Miller/TAS23/Getty Images Swift performs "Lover" with her band, backup singers and dancers in Nashville, Tennessee, in May 2023. John Shearer/TAS23/Getty Images Swift performs in Glendale, Arizona, during the opening weekend of "The Eras Tour" in March 2023. John Shearer/TAS23/Getty Images Swift sings "I Can Do It With a Broken Heart" in Paris in May 2024. Allen J. Schaben/Los Angeles Times/Getty Images Swift performs the 10-minute version of "All Too Well" in Nashville in May 2023. John Shearer/TAS23/Getty Images Swift leaves the stage after the "Speak Now" set in Nashville in May 2023.

Persons: He’s, it’s Taylor Swift, Swift, ”, Taylor —, “ Tyler ”, Tyler, Taylor, Swift's Versace, Peter Kelleher, that’s, “ Taylor Swift, Bahama, ” Kate Bailey, Versace, Queen, Mariah Carey, Lady Gaga, Jo Calderone, Zayn Malik, Troye Sivan, Taylor Swift, Kevin Mazur, Natasha, Ethan Miller, John Shearer, Kevin Winter, Benjamin B, Braun, Jutharat, Phoebe Bridgers, Bridgers, Raymond James, Zack Wittman, Hector Vivas, Gareth Cattermole, Don Arnold, TAS24, Rachel Wisniewski, Terence Rushin, Travis Kelce, Haim, Jeff Kravitz, Erin Clark, Sarah Yenesel, Sabrina Carpenter, William West, Christopher Polk, Bob Levey, TAS23, Allen J, ” Swift, Biden Organizations: CNN, MTV, Victoria, Albert Museum, Little, Swift City, Pittsburgh, MetLife Stadium, New York Times, Department, Lincoln Financial, Washington Post, Ticketmaster, Boston Globe, Getty, Penske Media, Los Angeles Times Locations: London, East Rutherford , New Jersey, Chicago, Las Vegas, Nashville , Tennessee, Glendale , Arizona, Glendale, Swift, Los Angeles, Pittsburgh, East Rutherford, Paris, Nashville, Tampa , Florida, Mexico City, Edinburgh, Scotland, Sydney, Philadelphia, Atlanta, Santa Clara , California, Foxborough , Massachusetts, Kansas City , Missouri, Coney, Melbourne, AFP, Lyon, France, Houston, Inglewood , California, Cincinnati

☆ How Group Black's $500 million promise to Black-owned media unraveled
▼ + stars: | 2024-07-24 | by ( Lucia Moses | Lara O'Reilly | ) www.businessinsider.com time to read: +16 min

Montaque cofounded Group Black in 2021 with the goal of directing $500 million in advertising money to Black-owned media in its first 18 months. With the pledge, Group Black laid out a plan to steer money to Black media owners and acquire media companies. Bough, Group Black's chief strategy officer, was a former Mondelēz and PepsiCo marketer who presented the CNBC reality show "Cleveland Hustles." Various outlets reported that Group Black mounted bids for media companies including the Sports Illustrated publisher Arena Group, the Paramount-owned BET, Vice Media, and Vox Media. Seven former employees described Montaque as an energetic leader but said he was ultimately ineffective in executing Group Black's mission.

Persons: Travis Montaque, Weeks, Montaque, Bonin, Black, George Floyd, Breonna Taylor, Richelieu Dennis, Dennis, Ursula M, Burns, Randy Brooke, Ursula Burns, Seth Kaufman, Moët Hennessy, Gamble, Ziff Davis, offsites, Gamble —, Spokespeople, Derrick Johnson, Lionel Hahn, Todd Brown, It's, Christopher Kenna, I'm, Samantha Skey, Black's Travis Montaque, Arturo Holmes, Vivek Shah, Bough, Sheila Marmon, Media's Refinery29, Erika Goldring, Richelieu Dennis who's, Kirk McDonald, GroupM Organizations: Black, Cannes Lions, Business, Black's, SHE, Cola, Walmart, PepsiCo, CNBC, Xerox, Getty, Moët Hennessy North America, Procter, Gamble, NAACP, Urban Edge Network, Corporate America, Association of National Advertisers's Alliance, Inclusive, Multicultural, Diversity Media, Penske Media Corp, Zeta, Fox, Everyday Health, Sports, Arena Group, Paramount, BET, Vice Media, Vox Media, Galore Media, Mirror, Marmon, Media Locations: GroupM, America, Soho, Manhattan, Santa Monica, Cannes

New accounts have monthly fee waived for the first 6 monthsCheck mark icon A check mark. Insider’s Rating A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4 /5 Icon of check mark inside a promo stamp It indicates a confirmed selection. Offer valid through September 26, 2024. up to $450 (offer valid through September 26, 2024) Pros Check mark icon A check mark. No fee overdraft protection transfers from a linked deposit accountCheck mark icon A check mark. $50 overdrawn Available Balance safety threshold and Overdraft Fee Forgiven programCheck mark icon A check mark.

☆ Nvidia power players: Meet the 13 leaders driving the AI chip giant's massive success
▼ + stars: | 2024-07-23 | by ( Helen Li | ) www.businessinsider.com time to read: +1 min

Nvidia transformed from a video game graphics company to a semiconductor and AI giant. Nvidia's GPUs and CUDA software dominate cloud and data-center operations for major tech firms. Business Insider profiled the people instrumental to the company's success and generative AI boom. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . It ultimately specialized in the GPU, or the graphics processing unit, the chip that would revolutionize the computing industry.

Persons: —, OpenAI's Organizations: Nvidia, Business, Service, Microsoft Locations: Santa Clara , California

☆ Stocks making the biggest moves after hours: Alphabet, Tesla, Visa and more
▼ + stars: | 2024-07-23 | by ( Hakyung Kim | ) www.cnbc.com time to read: +4 min

Tesla reported adjusted earnings per share at 52 cents, while analysts surveyed by LSEG had called for 62 cents per share. Visa reported $8.9 billion in revenue, which came in slightly below the $8.92 billion forecast by analysts polled by LSEG. Its adjusted earnings per share of 19 cents topped analysts' estimates for 17 cents per share, according to LSEG data. In the fiscal fourth quarter, earnings of $2.32 per share were higher than a year ago, but shy of the $2.41 per share analysts predicted, according to FactSet. Revenue of $304 million also fell short of the $310 million analysts forecast.

Persons: Tesla, LSEG, Enphase, Chubb, —, Christina Cheddar Berk Organizations: Street, Visa, LSEG, Seagate —, Seagate, Capital, Revenue, Texas, Mattel, Maine, Enphase Energy Locations: Santa Monica , California, Cal, LSEG

☆ Sewage Spill Temporarily Closes Two Los Angeles Beaches
▼ + stars: | 2024-07-23 | by ( Claire Moses | Derrick Bryson Taylor | ) www.nytimes.com time to read: 1 min

Two Los Angeles-area beaches were shut down for 48 hours after thousands of gallons of sewage spilled into a creek — but that did not seem to bother the crowd of dog walkers, runners, yogis and surfers enjoying the beach early on Tuesday before the day’s heat set in. An estimated 15,000 gallons of sewage — about the volume a backyard swimming pool holds — were discharged on Saturday afternoon in a neighborhood roughly seven miles east of the Santa Monica Pier, entering Ballona Creek, the Los Angeles County Department of Public Health said in a news release. “The cause of the sewage discharge was a broken water main that pushed sand into the sewer, causing the blockage,” the agency said.

Organizations: Santa, Santa Monica Pier, Los Angeles County Department of Public Health Locations: Angeles, Santa Monica, Ballona

Today, there are 55 Hispanic American banks and credit unions that are FDIC or NCUA insured around the United States. Nave BankBranches: 0 (online-only)ATMs: 0Services: savings accounts, business banking, business loansNave Bank is currently only available for businesses, and has a waitlist to join. We selected Hispanic American-owned credit unions from the National Credit Union Administration's list of minority depository institutions which was also updated in September 2023. You can open up savings accounts, checking accounts, CDs, and money market accounts in most of the institutions listed. Results from the study found that Hispanic Americans made up a greater percentage of those who took out home loans or small business loans at Hispanic American banks in comparison to non-minority banks.

☆ How Undecided Voters Are Responding to Biden Dropping Out
▼ + stars: | 2024-07-21 | by ( Richard Fausset | ) www.nytimes.com time to read: 1 min

For many undecided voters, President Biden’s decision to leave the race opened a new world of possibilities. Some felt liberated by their nagging concerns that Mr. Biden had grown too old for the job. Some were looking forward to hearing how Vice President Kamala Harris, whom Mr. Biden endorsed on Sunday, would make her case to the American people. For months, many voters have expressed disappointment with their options in November. The question now for some of them is whether a nominee like Ms. Harris — or some Democratic wild card — might feel like the choice they have been waiting for.

Persons: Biden’s, Biden, Kamala Harris, Mr, “, ”, Jon Ward, Harris — Organizations: Democratic Locations: Santa Clara , Utah

☆ Death of Hedge Fund Stars: Wall Street, Stock Market Titans Are Gone
▼ + stars: | 2024-07-21 | by ( Linette Lopez | ) www.businessinsider.com time to read: +15 min

Take activist hedge funds, which buy up a percentage of a company's stock (or an asset) and then use their weight to push for operational changes. Or there would be a fun, splashy war between the hedge fund and the C-suite. Hedge funds rely on outperforming the market when times are hard and it's easier to find pockets of outperformance and exploit them. Of course, hedge funds are having a hard time coming up with a crew because the clients have changed too. Advertisement"At the end of the 1960s, the bubble burst, and everyone thought, 'That's the end of hedge funds,'" Mallaby said.

Persons: David Tepper, Anthony Scaramucci, Lenny Kravitz, lanyards, Bobby Jain, Goldman Sachs, Denise Shull, Charles Lemonides, ValueWorks, Saba Capital's Boaz Weinstein, BlackRock, Nelson Peltz, Bob Iger, Paul Singer's Elliott, —, Elliott, Meir Statman, Statman, I'm, That's, Paris, Marc Jacobs, they've, they're, Sebastian Mallaby, Julian Robertson, Julian, Mallaby, Lemonides, wonky quants, Keith Gill, David Einhorn, Andrew Left, bro Organizations: Appaloosa Management, Carolina Panthers, Bellagio, Millennium Management, Credit Suisse, Jain, Disney, Paul Singer's Elliott Management, Santa Clara University, Behavioral Finance, New, Tiger Management, Met, rockstar, Ferrari, Greenlight, Harvard, Princeton grad, Research Locations: Vegas , New York City, Singapore, Argentine

☆ How a software update caused one of the world's biggest IT blackouts
▼ + stars: | 2024-07-19 | by ( Ryan Browne | ) www.cnbc.com time to read: +4 min

On Friday, the cybersecurity firm experienced a major disruption following an issue with a software update. CrowdStrike is a cybersecurity vendor that develops software to help companies detect and block hacks. In the case of Friday's outage, machines running Microsoft's Windows operating system crashed due to a fault in the way a software update issued by CrowdStrike interacted with Windows. We approximate impact started around 19:00 UTC on the 18th of July," Microsoft said in an update at 5:40 a.m. Unless Microsoft and CrowdStrike (if they are involved) pull something miraculous out of the bag, this could be painful to recover from."

Persons: George Kurtz, Patrick T, CrowdStrike, —, Kurtz, Andy Grayland, They'd Organizations: CrowdStrike Inc, Montgomery Summit, Fallon, Bloomberg, Getty, TV, CNBC, Fortune, Windows, Machines, Microsoft, CrowdStrike, Linux Locations: Santa Monica , California, Texas, U.S

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