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☆ Israel’s repudiation of a deal with Hamas draws fury from hostages’ families
▼ + stars: | 2024-02-09 | by ( Ivana Kottasová | ) edition.cnn.com time to read: +10 min

Survivors of the October 7 terror attack and the families of hostages were furious at the uncompromising repudiation of a deal that – ultimately – could have resulted in the return of all the remaining hostages in Gaza. Moshe’s words carried power – she was kidnapped by Hamas from Kibbutz Nir Oz and held hostage in Gaza for seven weeks. The families of the hostages held in Gaza have emerged as a leading voice and they attract huge support among Israelis. Protesters demand a hostage deal amid the ongoing conflict between Israel and Hamas, in a demonstration in Tel Aviv, Israel, on February 1, 2024. These anti-government protests are still strictly separate from the hostage families’ events, which tend to take place just down the road at what has become known as the Hostage Plaza.

Persons: Benjamin Netanyahu, “, ” Netanyahu, –, Adina Moshe, Netanyahu, Sahar Kalderon, Aviva Siegel, Nili Margalit, Sharon Aloni Cunio, Susana Vera, I’m, ” Moshe, Nir Oz, David, Sa’id, Moshe, Lital Shochat, Shochat, ‘, Shochat Chertow, Shiva, ”, Doron Shabtai, Shabtai, Ivana Kottasova, Yair Lapid, ” “, Bibi ”, Evyatar Cohen, … Organizations: Tel, Tel Aviv CNN, State, Wednesday, Reuters, Protesters, Israel Democracy HQ, Hamas, CNN, Israeli, Yesh Locations: Tel Aviv, Israel, Gaza, Sderot, Jerusalem, Israel’s, Lebanon

NEW YORK (AP) — Visitors to Boston this summer will get a treat: A stage show that reunites singer-actor Kristin Chenoweth with her “Wicked” songwriter Stephen Schwartz. Chenoweth will star as socialite Jacqueline “Jackie” Siegel in the live adaptation of the 2012 documentary film “The Queen of Versailles.” The musical will make its world premiere at Emerson Colonial Theatre from July 16-Aug. 18. They hope it can make it to Broadway after its Boston try-out. Academy Award-winning actor F. Murray Abraham will play Siegel's husband and other cast members include Melody Butiu and Nina White. The story is by Lindsey Ferrentino and direction is by Tony Award-winner Michael Arden, who helmed the hailed recent Broadway revival of “Parade.”

Persons: Kristin Chenoweth, Stephen Schwartz, Chenoweth, Jacqueline “ Jackie ” Siegel, of Versailles, ”, Siegel, David “, King ” Siegel, Glinda, Tony, Charlie Brown, F, Murray Abraham, Melody Butiu, Nina White, Lindsey Ferrentino, Michael Arden Organizations: —, Emerson Colonial Theatre, Broadway, Boston Locations: Boston, America, Orlando , Florida, of Versailles, France

☆ S&P's march to 5,000 is 'quite a marvel', says Wharton's Jeremy Siegel
▼ + stars: | 2024-02-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailS&P's march to 5,000 is 'quite a marvel', says Wharton's Jeremy SiegelJeremy Siegel, Wharton School professor, joins 'Closing Bell' to discuss the S&P 500 closing in on the 5,000 level and what it means for the markets.

Persons: Wharton's Jeremy Siegel Jeremy Siegel Organizations: Wharton School

☆ Wharton's Jeremy Siegel says the S&P 500 isn't overvalued, even as it crosses 5,000 for the first time
▼ + stars: | 2024-02-08 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +1 min

Robust earnings and economic data have boosted equities to start 2024, with the S & P 500 briefly crossing the key 5,000-point threshold for the first time in history. But even with stocks at these lofty prices, famed Wharton professor of finance Jeremy Siegel doesn't believe that the market looks expensive, especially when viewing it from a longer-term lens. "I don't think right now the market is overvalued for a long-term investor by any means." In particular, Siegel pointed to strong company fundamentals to bolster his claim that equities are trading near their fair valuation. "When we think about 5,000, it wasn't long ago when we had some very big names telling us the S & P was going down to 3,600," Siegel said.

Persons: Wharton, Jeremy Siegel doesn't, Siegel, we've

☆ Watch CNBC’s full interview with Wharton's Jeremy Siegel, Hightower’s Stephanie Link and Virtus’ Joe Terranova
▼ + stars: | 2024-02-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Wharton's Jeremy Siegel, Hightower’s Stephanie Link and Virtus’ Joe TerranovaJeremy Siegel, Wharton School professor, Hightower’s Stephanie Link and Virtus’ Joe Terranova join 'Closing Bell' to discuss the S&P 500 closing in on 5,000 level and what it means for the markets.

Persons: Wharton's Jeremy Siegel, Hightower’s Stephanie Link, Virtus ’ Joe Terranova Jeremy Siegel, Virtus ’ Joe Terranova Organizations: Virtus ’, Wharton School

☆ A New Perk for Some Student Loan Borrowers: A 401(k) Match
▼ + stars: | 2024-02-02 | by ( Tara Siegel Bernard | ) www.nytimes.com time to read: +1 min

Student loan borrowers who are lucky enough to have access to a 401(k)-type plan, but are too stretched to save in it, may soon be helped by a new workplace benefit: Paying off their student loans can generate retirement savings contributions from their employer. Starting this year, workers with student loans can receive employer matching contributions in workplace plans, even if they’re not able to save anything on their own. The loan payments count instead. The new feature was made possible by legislation known as Secure 2.0, which included a package of retirement-related provisions intended to boost savings. “Employers can distinguish themselves in attracting and retaining workers by offering such benefits,” said Craig Copeland, director of wealth benefits research at the Employee Benefit Research Institute, a nonprofit, particularly those “who are struggling with their finances and have student loan debt.”

Persons: they’re, ”, Craig Copeland Organizations: Dow Inc, News Corp, Masco Corp, Unilever, Fidelity Investments, “, Research Institute

☆ What the Fed’s Rate Moves Could Mean for Mortgages, Credit Cards and More
▼ + stars: | 2024-01-31 | by ( Tara Siegel Bernard | ) www.nytimes.com time to read: +1 min

While the Federal Reserve is expected to keep its key interest rate unchanged on Wednesday, American households will want to know whether rate cuts are on the horizon, which could have meaningful implications for their monthly budgets. It has remained robust, which means policymakers might take their time before pivoting to rate cuts. But some banks have already started reducing the rates they pay to consumers, including on some certificates of deposit. Credit CardsCredit card rates are closely linked to the central bank’s actions, which means that consumers with revolving debt have seen those rates quickly rise over the past couple of years. (Increases usually occur within one or two billing cycles.)

Organizations: Federal Reserve

☆ Fed will not be in a rush to lower rates: Wharton's Jeremy Siegel
▼ + stars: | 2024-01-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed will not be in a rush to lower rates: Wharton's Jeremy SiegelJeremy Siegel, Wharton School professor of finance, joins 'Closing Bell' to discuss markets, earnings, and what to expect for the week ahead.

Persons: Jeremy Siegel Jeremy Siegel Organizations: Wharton School

“The thing you’ve got to do primarily is set rules and enforce them,” said John S. Martin Jr., a former U.S. District Court judge in Manhattan. In Ms. Carroll’s defamation trial, Mr. Trump seemed almost to be goading Judge Kaplan into throwing him out of the courtroom. After his two recent confrontations with the judges, Mr. Trump held news conferences before cheering supporters in the lobby of his building at 40 Wall Street. Ms. Carroll’s defamation trial is being heard by a nine-person jury in Federal District Court, with Judge Kaplan overseeing the proceedings. During his diatribe, Mr. Trump refrained from attacking any staff members.

Persons: Arthur Engoron, Donald Trump, Donald J, Arthur F, Trump, Mr, ”, Jean Carroll, Judge Lewis A, Kaplan, Ms, you’ve, John S, Martin Jr, “, ” Mr, Carroll’s, Letitia James, Kaplan “, Alexi J . Rosenfeld, Trump’s, Engoron’s, Judge Kaplan, Carroll, Jefferson Siegel, The New York Times Judge Kaplan, Bill Clinton, Sam Bankman, Sulaiman Abu Ghaith, Osama, Laden, Katherine B, Forrest, Judge Kaplan’s, Michael B, Mukasey, Justice Engoron, Art Garfunkel, —, James, Christopher M, Kise, Engoron, Kate Christobek, Olivia Bensimon, Kirsten Noyes Organizations: Trump, Getty, Court, The New York Times, Mr, New York Times Locations: New York, York, U.S, Manhattan, New Hampshire, Trump’s Manhattan

☆ Gaza endgame: Inching toward a deal to end the war
▼ + stars: | 2024-01-25 | by ( Elliott Gotkine | ) edition.cnn.com time to read: +5 min

On Monday Axios reported Israel had proposed a two-month truce in exchange for the release of all the 100-plus hostages still held in Gaza. The sticking point there appears to be that Hamas wants a “package deal” which would include a second-phase agreement to end the war. For now, though, such talk remains moot, with an Israeli official telling CNN there’s no concrete deal on the table. “But at the same time we can’t gamble on the future of Israel [by leaving Hamas in control of Gaza]. Any deal Israel is looking to seal, says Ziv, would be more likely to come into effect once the Khan Younis operation is complete.

Persons: Ofer Shelah, Axios, Israel, David Barnea, Yahya, Shelah, ”, Mohammed bin Abdulrahman, Thani, Antony Blinken, it’s, wouldn’t, Yasser Arafat, Israel doesn’t, Benjamin Netanyahu’s, Aviva Siegel, Netanyahu, Israel Ziv, there’s, ” Ziv, Khan Younis, Ziv, There’s, Israel’s, Gadi, “ Organizations: CNN, Hamas, Israel’s Institute for National Security Studies, Street Journal, Reuters, Qatari, ’, Israel, Israel Democracy Institute Locations: Gaza, Israel, Qatar, Mohammed bin Abdulrahman Al, Beirut, Tunis, United States, “ Israel

NEW YORK (AP) — Lorrie Moore, Naomi Klein and the Egyptian writer Ahmed Naji are among the finalists for National Book Critics Circle awards. Honorary prizes are going to Judy Blume and to a longtime ally of Blume's in the fight against book bans, the American Library Association. On Thursday, the critics circle announced nominees in seven competitive categories, ranging from fiction to debut book to best translation. The other fiction nominees are Justin Torres' “Blackouts,” winner of the National Book Award last fall; Teju Cole's “Tremor,” Daniel Mason's “North Woods”; and Marie NDiaye's “Vengeance Is Mine,” translated from the French by Jordan Stump. The book critics circle, founded in 1974, consists of hundreds of reviewers and editors from around the country.

Persons: — Lorrie Moore, Naomi Klein, Ahmed Naji, Judy Blume, Blume's, Moore, “, Justin Torres, ” Daniel Mason's “, Marie NDiaye's, Jordan Stump, Grace E, Tina Post's, ” Nicholas Dames, ”, Myriam Gurba's, Naji, Katharine Halls, Matthew Zapruder's “, ” Susan Kiyo Ito's, David Mas, Patricia Wakida, Jonathan Coe's Martin Luther King, Gregg Hecimovich, Hannah Crafts, Anna, Rachel Shteir's, Betty Friedan, Jonny Steinberg's, Winnie, Nelson, Saskia Hamilton's “, ” Kim Hyesoon's, ” Romeo Oriogun's, Robyn Schiff's, Kareem Abdulrahman, Natascha Bruce, Dorothy Tse's ”, Don Mee, Kim Hyesoon's, ” Todd, ” Maureen Freely’s, Tiffany, Indonesian Norman Erikson Pasaribu's, John Leonard, Ariana Benson's, ” Emilie Boone's, ” Victor Heringer's “, ” Tahir Hamut Izgil's, Donovan X, Martin J, Siegel's, Blume, Becca Rothfield, Marion Winik Organizations: American Library Association, Rotten, PEN America, U.S, Washington Locations: Egypt, Indonesian

☆ Israel’s Netanyahu rejects any Palestinian sovereignty in post-war Gaza, rebuffing Biden
▼ + stars: | 2024-01-20 | by ( ) www.cnbc.com time to read: +8 min

US President Joe Biden (L) meets with Israel's Prime Minister Benjamin Netanyahu in Tel Aviv on October 18, 2023, amid the ongoing battles between Israel and the Palestinian group Hamas. The families want the government to take bold steps to free the hostages, fearing that Israel's military activity in Gaza further endangers their lives. Health authorities in Hamas-ruled Gaza say Israel's offensive has killed nearly 25,000 Palestinians, most of them women and children. As part of its search for the hostages, Israel's military dropped leaflets on Gaza's southernmost town of Rafah. Israel's military didn't immediately comment.

Persons: Joe Biden, Benjamin Netanyahu, Joe Biden's, Netanyahu, Biden, Gaza hasn't, Israel, Antonio Guterres, Gadi Eisenkot, We've, Yuval Bar, Keith Siegel, Eli Shtivi, Majd, Khan Younis, Halima Abdel, Rahman, Tawfiq, Hafez Ajaq Organizations: Israel's, Palestinian, Hamas, U.S, Israel, Health, United Nations, Police, Iranian, Revolutionary Guard, National News Agency, Associated Press, West Bank, . Locations: Tel Aviv, Israel, Gaza, United States, Uganda, Israeli, Caesarea, pita, Haifa, Rafah, Iranian, Lebanon, Iran, Yemen, Lebanese, Tyre, Jabaliya, Bani Suheila, Khan, Ramallah

☆ Bitcoin E.T.F.s Come With Risks. Here’s What You Should Know.
▼ + stars: | 2024-01-19 | by ( Tara Siegel Bernard | ) www.nytimes.com time to read: +1 min

Nearly a dozen new investments funds that hold Bitcoin began trading last week, making it easier for anyone with a basic brokerage account to buy a slice of the digital currency. Several established financial institutions, including Fidelity and BlackRock, have coalesced around Bitcoin because it is the world’s first and largest cryptocurrency. But Bitcoin remains an enigma to most everyday investors, and it’s hard to separate the buzz from any true potential. But putting crypto into a traditional investment wrapper does not paper over the underlying risks. Exchange-traded funds are similar to mutual funds, but they can be traded on an exchange like a stock.

Persons: Bitcoin, It’s Organizations: Fidelity, Exchange Locations: BlackRock

The number of new cancer cases in the U.S. is expected to top 2 million for the first time in 2024, based on new research that also points to shifting age patterns among cancer patients and a troubling increase in overall cancer incidence among people younger than 50 . The American Cancer Society’s latest statistical report, released on Wednesday, says the country’s cancer mortality rate fell by 33% from 1991 through 2021. Prostate cancer incidence increased by about 3% per year after experiencing a nearly 40% drop from 2007 to 2014. Overall, researchers project 2,001,140 new cancer cases and 611,720 cancer deaths will occur in the U.S. in 2024. Lisa Lacasse, president of the American Cancer Society’s advocacy affiliate, the American Cancer Society Cancer Action Network, said the report’s findings underscore a need for policies that help to address such disparities.

Persons: “ We’re, ” Rebecca Siegel, we’ve, ”, Ahmedin Jemal, Jemal, Lisa Lacasse Organizations: Cancer, American Cancer Society, American, Pacific, American Cancer, American Cancer Society Cancer Action Network Locations: U.S, California, Wyoming . U.S, Maine, Utah, Alaska, Pacific Islander

☆ Priscilla Presley supported her granddaughter Riley Keough at the Emmys months after their legal dispute over Lisa Marie's estate
▼ + stars: | 2024-01-16 | by ( ) www.businessinsider.com time to read: +3 min

Read previewMonths after their legal dispute about the future of the late Lisa Marie Presley's estate, Riley Keough and Priscilla Presley walked the red carpet together at the 2024 Emmy Awards on Monday. They had one daughter together, Lisa Marie, who died in 2023. Keough is Lisa Marie's daughter. AdvertisementAs Business Insider's Eve Crosbie reported, Lisa Marie inherited her father's whole estate on her 25th birthday in 1993. Lisa Marie named her oldest children Benjamin, who died by suicide in 2020 at the age of 27, and Keough as the new co-trustees.

Persons: —, Lisa Marie Presley's, Riley Keough, Priscilla Presley, Keough, Daisy Jones, Presley, Ali Wong, Elvis, Lisa Marie, Lisa Marie's, Myung J, Chun, Getty Images Keough, Eve Crosbie, she'd, Barry Siegel, Benjamin, they're Organizations: Service, Business, Los Angeles Times, Getty Images Locations: Graceland

☆ Trump just lost his star lawyer in his Stormy Daniels trial and E. Jean Carroll appeal
▼ + stars: | 2024-01-16 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Read previewJoe Tacopina, a defense lawyer for former President Donald Trump who's known for representing famous clients, has withdrawn from two of Trump's major legal battles, including his Manhattan trial involving adult film star Stormy Daniels. Tacopina was one of the key players on Trump's legal team, with a list of high-profile trial victories under his belt. Tacopina isn't the first lawyer to quit Trump's team amid the former president's legal battles. In June, Attorneys Jim Trusty and John Rowley said they would stop representing Trump in his indictment over his handling of classified documents. Representatives for Trump and Tacopina Siegel & Deoreo did not immediately respond to requests for comment sent outside regular business hours.

Persons: —, Joe Tacopina, Donald Trump, Stormy Daniels, Tacopina, Lewis Kaplan, E, Jean Carroll, he's, Trump, Daniels, Susan Necheles, Todd Blanche, Carroll, Alina Habba, Michael Madaio, Sean Hannity, Michael Jackson, Alex Rodriguez, Hannity, Steven Cheung, Crooked Joe Biden, Jim, John Rowley, Tacopina Siegel, Deoreo Organizations: Service, Business, Trump, ABC, Fox News, Major League Baseball, New York Times, America Locations: New York, Carroll's, Manhattan

☆ Some Student Loan Borrowers May Be Eligible for Forgiveness Sooner
▼ + stars: | 2024-01-12 | by ( Tara Siegel Bernard | ) www.nytimes.com time to read: +1 min

Federal student loan borrowers who initially took out smaller loan amounts may be eligible for debt cancellation sooner than they anticipated. The SAVE plan, which reduces payments for millions of borrowers, opened for enrollment last August. But some of its benefits, like the shortened path to forgiveness, were not set to take effect until July 2024. SAVE cuts that term by half for people who initially borrowed $12,000 or less and reduces the repayment timeline for those who originally borrowed $21,000 or less. For example, if someone originally borrowed $13,000 in loans, any remaining balance would be forgiven after 11 years of payments.

Organizations: Biden, Education

☆ The market could be rallying itself out of the Fed interest rate cuts it wants so badly
▼ + stars: | 2023-12-05 | by ( Jeff Cox | ) www.cnbc.com time to read: +4 min

Rallies in the stock and bond markets could be undone by the very thing that seems to be underpinning the moves higher. The Fed relies on an amorphous group of indicators collectively known as "financial conditions" to help judge the state of play on policy. True to form, a Chicago Fed baromete r is showing financial conditions at their easiest since early February 2023. But I think they don't want to be premature, because they also know there's a risk of the economy restarting with the loosening of financial conditions. "That does not necessarily support the 'happy days are here again' everything-rally that we're currently seeing in the market."

Persons: Jerome Powell, Roger Ferguson, Powell, Jay Powell, Peter Boockvar, they're, Ferguson, Wharton, Jeremy Siegel, we're Organizations: Federal Reserve, Treasury, Dow Jones, Bleakley Financial, Chicago Fed, Committee, Traders, Fed, Group, CNBC

☆ Collapsed US money supply is a threat to employment, growth, and inflation, Wharton professor Jeremy Siegel says
▼ + stars: | 2023-12-04 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

US money supply has seen its longest stagnation since World War II, according to Jeremy Siegel. "You can't really have a growing economy when the M2 money supply is decreasing," Siegel told CNBC. AdvertisementThe US money supply is flashing a major warning to the US economy, according to Wharton professor Jeremy Siegel. Money supply then rebounded through the summer, but has recently returned to its decline, nearing April's low. Advertisement"You can't really have a growing economy when the M2 money supply is decreasing," he warned.

Persons: Jeremy Siegel, Wharton, Siegel, — Organizations: CNBC, Service, Federal Reserve, Federal, Atlanta

☆ The Fed can't be 'anywhere near as stubborn' when it comes to rate cuts: Wharton's Jeremy Siegel
▼ + stars: | 2023-12-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed can't be 'anywhere near as stubborn' when it comes to rate cuts: Wharton's Jeremy SiegelJeremy Siegel, professor emeritus of finance at University of Pennsylvania’s Wharton School of Business, joins 'Squawk Box' to discuss the latest market trends, whether major averages can continue riding the five-week win streak, the Fed's rate hike outlook, and more.

Persons: Wharton's Jeremy Siegel Jeremy Siegel Organizations: University of Pennsylvania’s Wharton School of Business

☆ Israel confirms 17 hostages released, including four-year-old American girl
▼ + stars: | 2023-11-26 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +5 min

The Israeli Prime Minister's office confirmed that 17 hostages held by Hamas in Gaza were released on Sunday, including four-year-old Israeli-American Abigail Mor Edan. The Prime Minister's office said that 14 of the individuals were Israeli citizens, while the other three were foreign nationals. Fifty Hamas hostages are due to be freed over the four days under the terms of an agreement between Israel and Hamas. In the first two days of the temporary cease-fire, 24 hostages were released from Gaza in exchange for 39 Palestinian prisoners. There is a clause within the current Israel-Hamas agreement that would extend the military pause if Hamas agrees to release additional hostages beyond the initial 50.

Persons: Abigail Mor Edan, Abigail Edan, Alma Avraham, Aviva Adrian Siegel, Ron Cariboy, Hagar Brodetz, Yuval Brodetz, Uriah Brodetz, Chen Goldstein Almog, Agam Goldstein Almog, Gal Goldstein Almog, Tal Goldstein Almog, Ella Elikim, Joe Biden, Abigail, she's, Liz Hirsh Naftali, Noa Naftali, Edan's, Biden, presser, Jake Sullivan, Sullivan, Sheikh Mohammed bin Abdulrahman Al Thani, Ronen Neutra, Omer Neutra, Orna, We're, Omer's Organizations: Aviva, United States National, Qatari, CBS, U.S, Hamas, Israel Defense Forces, Press Locations: Israel, Rafah, Gaza, Israeli, Qatar, Egypt, Long Island , New York

☆ TJ Maxx and other discount retailers could be the big winners in an otherwise bleak holiday shopping season
▼ + stars: | 2023-11-26 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +3 min

Many retailers are bracing for a bleak holiday shopping season. AdvertisementShoppers are finally feeling the weight of inflation and many retailers are bracing for a bleak holiday season . The trade association said this year's outlook has returned to pre-pandemic levels, with an average annual holiday increase of 3.6% from 2010 to 2019. AdvertisementAnalysts say the positive same-store sales from quarter to quarter suggest that the off-price retailers are gaining market share. TJX stores, which include TJ Maxx and Marshalls, have become increasingly valuable for brands to supply to.

Persons: —, Rebecca Duval, Nordstrom, Ross, Bernstein, Aneesha Sherman, TJ, Simeon Siegel Organizations: Service, National Retail Federation, Fashion, Department, Nordstrom, TJX Companies, Burlington, Analysts, Yahoo Finance, TJ Maxx, Marshalls, BMO Capital Markets Locations: Ross, Burlington

☆ BMO's Simeon Siegel weighs in on retailers' holiday expectations
▼ + stars: | 2023-11-24 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBMO's Simeon Siegel weighs in on retailers' holiday expectationsSimeon Siegel, BMO capital markets senior analyst, joins 'Closing Bell' to discuss the winners and losers in the holiday retail season.

Persons: BMO's Simeon Siegel, Simeon Siegel Organizations: BMO

☆ Chaos at OpenAI ensues
▼ + stars: | 2023-11-21 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +9 min

In today's big story, we're looking at the continued fallout from the shocking Sam Altman ouster at OpenAI. Altman is alive and well, but his run as CEO of OpenAI ended abruptly on Friday. But in the days since his firing, he's escaped a messy weekend looking like the ultimate hero, Business Insider's Katie Notopoulos writes. To be fair, Microsoft CEO Satya Nadella and OpenAI CEO Emmett Shear don't seem to know why either. Meanwhile, Salesforce's Marc Benioff is already actively recruiting OpenAI employees on X.

Persons: —, Sam Altman, Altman, OpenAI, he's, Katie Notopoulos, Altman isn't, Ilya Sutskever —, Sutskever, Kali Hays, Satya Nadella, Emmett Shear, Satya Nadella Stephen Brashear, Julie Bort, Microsoft's Nadella, Nadella, that's, Madeline Renbarger, That's, It's, Kali, Ashley Stewart, Salesforce's Marc Benioff, Scott Olson, Bridgewater's, Greg Jensen, Jim Chanos, Elon, New York Jefferson Siegel, Nvidia's, Jensen Huang, execs, Elon Musk, Linda Yaccarino, Arantza Pena Popo, Camila Téllez, Melkorka, Téllez, Carly Rae Jepsen, Björk, Colleen Ballinger, Clinton, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Microsoft, Getty, BlackRock, Reuters, Nvidia, Elon, HP, Nordstrom, Clinton Lee Locations: OpenAI, Silicon Valley, Bridgewater, New York, Texas, Millennials, New York City, San Diego, London

☆ Some Uber and Lyft drivers have learned they can make more money if they're pickier about who they serve
▼ + stars: | 2023-11-20 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +6 min

Some Uber and Lyft drivers say being picky about the rides they accept can help their bottom lines. Business Insider asked drivers whether declining certain rides is a good strategy for increasing pay. AdvertisementThere's no cheat code for making money as an Uber or Lyft driver — but some have found strategies that work for them. "I have seen a 50-mile trip that only $20 was offered," Ken previously told Business Insider . Last year, the 70-year-old earned over $28,000 across roughly 1,500 Uber trips.

Persons: —, Lyft, Ken, Nathan Stirk, Uber, hasn't, Bill, Mario Tama, he's, they're, New York Jefferson Siegel, Reuters Fred, Fred Organizations: Business, Service, Reuters Locations: Houston, North Carolina, New York, Virginia

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