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☆ Apple's China headache isn't going away anytime soon
▼ + stars: | 2024-11-01 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Greater China is a key market for Apple, with new AI features expected to roll out in April. It also rolled out its highly-anticipated Apple Intelligence software in the US in English on Monday. While consumers may be buying the newest iPhones in Greater China, they'll have to wait until April for Apple Intelligence to launch in Chinese, however. However, competition is stiff, and Apple Intelligence still needs time to prove itself. It'll take months to know for certain if AI can move the needle for Apple in Greater China.

Persons: Apple, —, Tim Cook, Jacob Bourne, It'll Organizations: Apple, Baidu, Service, Apple Intelligence, Huawei, Xiaomi, Business, Wedbush Securities Locations: Greater China, China, EMARKETER

☆ Big Tech's vanishing perks have left employees to face a stark new reality
▼ + stars: | 2024-10-31 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, Big Tech is pulling back on the freebies for its employees . The perks help recruit and retain talent and keep employees working at the office. Some Amazon employees aren't buying it. It's not all bad news for Amazon employees, though. Some Amazon employees support Jeff Bezos' controversial WaPo decision.

Persons: —, David Arky, Tyler Le, Insider's Lara O'Reilly, Rob Price, Hugh Langley, Sydney Bradley, It's, Matt Garman, Frederic J . BROWN, BI's Jyoti Mann, Ashley Stewart, Garman, Stave Huffman, Spencer Platt, Natalie Ammari, Tesla, Meta, Jenny Chang, Rodriguez, Harris, Trump, you'll, Jeff Bezos, Bezos, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi Organizations: Business, Service, Microsoft, SEC, Big Tech, Meta, Citibank, Tech, Services, Getty, Amazon Web Services, Amazon, BI, Google, Semiconductor, Intel, Washington Post, Apple Locations: OpenAI, AFP, New York, London

☆ What can the West do about North Korea giving troops to Russia? Not much it hasn't already flinched from.
▼ + stars: | 2024-10-31 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +7 min

North Korea fighting alongside Russia would be a serious escalation to the Ukraine war. Experts criticized a lack of decisive Western strategy in countering the threat. AdvertisementWestern allies have options to react to the threat of North Korean troops in Russia, but are hamstrung by fears of escalation, military experts told Business Insider. The fact that now a serious escalation looks possible thanks to North Korea is an indication of the failure of that policy, Hunter told BI. Western states are likely to have been quietly hoping that China might step in diplomatically and dissuade North Korea, Hunter said.

Persons: —, Mark Rutte, Volodymyr Zelenskyy, Patrick Bury, Kim Jong Un, Edward Hunter Christie, Hunter, Richard Fontaine, It's, Jens Stoltenberg, Gabrielius Landsbergis, Emmanuel Macron, Landsbergis, Germany's Chancellor, Olaf Scholz, Ann Marie Dailey, Joe Biden's, Western Europe —, Biden, Dailey, we're Organizations: NATO, Service, Pentagon, UN, Politico, UK's University of Bath, Finnish Institute of International Affairs, Center, New, New American Security, Bloomberg, Biden, RAND Locations: Korea, Russia, Ukraine, Kursk, Europe, New American, Norway, Western, Congress, Poland, Russian, South Korea, Western Europe, North Korea, China

A recent court filing included six decks MrBeast's team made to pitch brands like GM, Ford, and LG. As in most media pitches, MrBeast's team focused on his audience demographics, scale, and splashy content to woo brands. In each deck, MrBeast's team shared metrics like subscriber and follower counts, monthly views, and unique viewers to showcase the scale of his YouTube empire. Advertisement"The Next Generation Is Not Watching TV," the MrBeast team wrote in many of the pitches. Keep reading for more details from MrBeast's pitch deck for General Motors, dated February 2023.

Persons: —, Burger, MrBeast, Jimmy Donaldson, Jeffrey Housenbold, Mario, Donaldson, he'll Organizations: GM, Ford, LG, Service, General Motors, Walmart, Mario Bros, Verizon, Amazon's, Entertainment Locations: CarMax, Hollywood

☆ Walter Payton and Matt Suhey, backfield mates turned brothers, and a bond that transcends time
▼ + stars: | 2024-10-31 | by ( Dan Pompei | ) www.nytimes.com time to read: +17 min

On the rare occasions when Payton acknowledged Suhey, he called him “short white boy.”Suhey and Payton were Chicago teammates for eight seasons. Payton seemed to know how Suhey would block, and Suhey seemed to understand where Payton would step. “Back-to-back!” Payton told Suhey, locking arms with him, their backs pressed against each other’s. When Payton teased Suhey for going to Penn State, Suhey asked him where Payton’s alma mater, Jackson State, was located. According to Jarrett, Suhey continues to lord over all things sold under the Walter Payton name — and has never asked for anything in return.

Persons: Matt Suhey, Walter Payton, St . Louis, Payton, Suhey, “ I’ve, ”, “, ” Payton, Billy Dee Williams, James Caan, Gale Sayers, Brian Piccolo, Piccolo, Roland Harper, ” Suhey, Harper, Dave Williams, freestyles, Jim McMahon audibled, Jim McMahon, Dennis Winston, Jim Brown, Mike Singletary, Walter, ” Singletary, Ivory, Stevie Wonder, Paul McCartney, Mark Bortz, Keith Van Horne, Randy White, Payton . Chaos, That’s, Donna, Payton didn’t, Ralph Kramden, Ed Norton, Calvin Thomas, Payton wasn’t, fumbling, Jarrett, couldn’t, Scott, he’d, ” Jarrett, Singletary, “ Matt, “ Walter, Connie, Matt, Mike Lanigan, Major Payne ”, — Payton, Damon Wayans, Payton’s meds, ” Connie, didn’t, —, Jarrett Payton’s, Trisha, Jarrett’s, Jaden, Meech Robinson Organizations: Board of Trade, Bears, NFL, Mayo Clinic, Chicago, Chicago Bears, Packers, 49ers, Halas, Saints, Cowboys, Penn State, Jackson State, Super, Mercedes, Walter Payton Liver, University of Illinois Hospital, Walter Payton College Preparatory High School, Fox, Wheat, Payton, Suhey Locations: Chicago, St ., Millrose, Barrington, Suhey’s, San Francisco, Edison, “, “ The, ”, Penn, alma, Jackson, Arizona

☆ US says it expects North Korean troops to enter combat against Ukraine in the coming days
▼ + stars: | 2024-10-31 | by ( Jennifer Hansler | Haley Britzky | ) edition.cnn.com time to read: +3 min

CNN —As many as 8,000 North Korean troops are in Russia’s Kursk region and are expected to enter combat against Ukraine in the coming days, top US officials announced Thursday. The US will announce additional military support to Ukraine “in the coming days,” Blinken said. Ukrainian forces have held territory in Kursk since launching a surprise incursion into the Russian border region in August. The US defense secretary noted Thursday that the number of North Korean troops sent to Kursk “pales in comparison” to the number of casualties Russia sees regularly. “I’m surprised by China’s silence” on North Korea’s support for Russia, Zelensky said in an interview with South Korea’s KBS.

Persons: Antony Blinken, Defense Lloyd Austin, Blinken, ” Austin, ” Blinken, Volodymyr Zelensky, “, Austin, Austin redoubled, ” “ We’ve, “ I’m, Zelensky, ” Organizations: CNN, Ukraine, Defense, South Korean, Korean, Ukraine “, North, Russia, South Korea’s KBS Locations: Russia’s Kursk, Washington, Kursk, Russia, Moscow, Pyongyang, Ukraine, Russian, South Korea, Blinken, China, North Korea, Beijing

☆ Harris and Trump's closing arguments and ancient Mayan city discovered: Morning Rundown
▼ + stars: | 2024-10-30 | by ( Elizabeth Robinson | Elizabeth Robinson Is A Newsletter Editor For Nbc News | Based In Los Angeles. | ) www.nbcnews.com time to read: +7 min

And an ancient Mayan city is discovered beneath the jungle. At a rally yesterday in Allentown, Pennsylvania, a majority-Latino city, Trump called to the lectern Puerto Rico’s Republican shadow senator, who proclaimed, “The people of Puerto Rico trust you.”Read more about Trump’s closing arguments. But what does North Korea stand to gain? But actually, an intensified partnership between Russia and North Korea is a likely boon for Kim Jong Un’s nuclear ambitions. Read All About ItStaff Pick: A vast ancient city is found by accidentAerial lidar surveys reveal ancient settlements in the Campeche region of Mexico.

Persons: Kamala Harris, Donald Trump, Harris, Trump, “, Joe Biden, Tony Hinchcliffe, ” Biden, Biden, ”, Hurley, Bryan Birks, Jessica Hurley’s, ’, Becky Munge, Mikhail Metzel, Kim Jong, Luke Auld, Thomas, — Elizabeth Robinson, Elizabeth Robinson Organizations: Republican, Trump, Trump’s New, Trump’s New York City, Puerto, NBC, Medicaid, NBC News, Getty, Pentagon, Cambridge University Press, Tulane University Locations: Trump’s New York, Allentown , Pennsylvania, Puerto Rico, Springfield , Illinois, North Korea, AFP, Russia, Ukraine, “, Europe, Asia, Kursk, Korea, Campeche, Mexico, New Orleans

It is clear what Russia stands to gain from an influx of some 10,000 North Korean troops to aid its war in Ukraine. North Korean troops are expected to help with that. North Korea, for its part, needs a partner that will shield it from the United Nations Security Council as it pursues its nuclear ambitions. “North Korea is trying to get as many benefits as it can from this relationship,” said Edward Howell, an expert on North Korea at the Chatham House think tank. “If thousands of North Korean troops learn how to survive on a battlefield full of drones,” Gabuev said, “that is a lesser problem than North Korea having quieter nuclear-capable submarines.

Persons: Kim Jong, Kim, Vladimir Putin, ” Alexander Gabuev, Russia —, Mark Rutte, NBC’s Keir Simmons, Putin, ” Putin, didn’t, ” Gabuev, Kim Jong Un, Mikhail Metzel, ”, Edward Howell, —, Gabuev Organizations: West, Carnegie Russia Eurasia Center, NBC News, Pentagon, Ukraine, NATO, Vostochny, Getty, Yonhap News Agency, United Nations Security Council, Chatham House, . Security Locations: Russia, Ukraine, Europe, Asia, United States, North Korea, Berlin, “, West, Russia’s Kursk, Moscow, Ukrainian, Kursk, Washington, Kazan, Pyongyang, Korea, North Korean, AFP, South Korea, Seoul

A little over a year into running her cleaning business, Cool Aunt Cleaners, Anna-Marie Ortiz has learned a lot about the resilience and adaptability needed to succeed as a small business owner. Matt Wolcott | CNBC Make ItOrtiz started the business in July 2023 with her last $2,000 in savings. Despite the failure, running the shop gave Ortiz lasting insights she was able to apply to her cleaning business. To drum up business, Ortiz put up flyers and handed out business cards in targeted neighborhoods. Looking aheadOrtiz has ambitious plans to expand Cool Aunt Cleaners beyond Portland and turn it into a "seven-figure business."

Persons: Marie Ortiz, —, Anna, Matt Wolcott, Ortiz, she's, it's, I've, they're, recalibrating, Ortiz doesn't, she'd Organizations: CNBC, Butler Community College, Transportation, Amazon Prime, Spotify Locations: Portland , Oregon, Wichita , Kansas, Wichita, Kingman , Kansas, Lawrence , Kansas, Portland, West Coast, forbearance

☆ Microsoft CFO says OpenAI investment will cut into profit this quarter
▼ + stars: | 2024-10-30 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Microsoft 's massive investment in OpenAI is weighing on earnings. The accounting approach refers to a company's share of the invested company's profit or loss in a given period, a Microsoft spokesperson said. The OpenAI investment disclosure was new for Microsoft, but the company has registered over $2.3 billion in other expense in the past four quarters. On the earnings call, Microsoft CEO Satya Nadella said the collaboration with OpenAI has benefited both parties and that the company feels good about "our investment stake in OpenAI." WATCH: Oppenheimer downgrades Microsoft: OpenAI losses are not properly priced in

Persons: Satya Nadella, Sam Altman, Amy Hood, OpenAI, Hood, Microsoft's, OpenAI's, OpenAI didn't, Oppenheimer Organizations: Microsoft, Google, OpenAI Locations: San Francisco, OpenAI

Define your real estate goalsWhat are you looking to gain from real estate investing, and what risks are you willing to take? REITs (real estate investment trusts)One of the best ways to start investing in real estate as a beginner is with a real estate investment trust (REIT). Real estate limited partnershipsA real estate limited partnership (RELP) provides investors with a diversified portfolio of real estate investment opportunities. Other notable real estate books worth checking out include:"The Warren Buffet Way" By Robert G. Hagstrom"The Real Estate Investor's Guide to Flipping Houses" By J. Scott"The Intelligent Investor" By Benjamin GrahamLocal real estate investment clubsConnecting with local real estate investment enthusiasts can be a great way to engage with the real estate community and expand your knowledge. FAQs about real estate investing for beginnersHow much money do I need to start investing in real estate?

Persons: Dana Bull, Chad Carson, CoachCarson.com, Equity REITs, Richard Ratner, Ratner, Bull, —, Brandon Turner, Insider's, Robert G, Scott, Benjamin Graham Organizations: Dana Bull Real Estate Consulting, Equity, Publicly, Bel Air Investment Advisors, Property, Resources, Beginners, Benjamin Graham Local Locations: Chevron, REITs

☆ Microsoft set to report quarterly results after the close
▼ + stars: | 2024-10-30 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Microsoft will report results for its fiscal first quarter after the close of regular trading on Wednesday. Mobility and security services, along with some Windows revenue, will now be part of the Productivity and Business Processes unit, which includes Office software. Analysts expect $24.04 billion in revenue from the Intelligent Cloud segment that includes Azure cloud infrastructure. Amazon , which leads the cloud infrastructure market, is slated to report results after the close on Thursday. During the quarter, Microsoft worked to help customers recover after a flawed update to CrowdStrike security software brought down Windows PCs globally.

Persons: Satya Nadella, OpenAI Organizations: Partnership for Global Infrastructure, Microsoft, Productivity, Gartner, Windows, BlackRock, UBS, Capital, Nasdaq Locations: Borgo, Savelletri, Italy

☆ Adidas is getting back on track after Yeezy woes
▼ + stars: | 2024-10-30 | by ( Maria Noyen | ) www.businessinsider.com time to read: +4 min

Adidas posted strong third-quarter growth. Operating profit jumped to 598 million euros ($646 million) from 409 million euros ($442 million) the year before. AdvertisementBjørn Gulden, who took over as Adidas CEO in 2023, said the Q3 numbers were evidence that Adidas is "moving in the right direction." Adidas stock dipped slightly on Wednesday but is up 20% since the start of the year, valuing the company at almost 40 billion euros ($43 billion). Related storiesOne of the reasons Adidas is finding success in the increasingly competitive athleisure and footwear industry is through the revival of retro styles such as the Adidas Samba, which was coronated the "It Shoe" of 2023.

Persons: Bjørn Gulden, —, Ye, Bjørn, Alexander Hassenstein, Neil Saunders, Gulden, Matthew Quint, Quint Organizations: Adidas, Service, Kanye, Puma, Center, Global Brand Leadership, Columbia Business School, Nike Locations: China

☆ Martha Stewart told us the 5 recipes she thinks everyone should learn how to make
▼ + stars: | 2024-10-30 | by ( Anneta Konstantinides | ) www.businessinsider.com time to read: +5 min

Martha Stewart told Business Insider the recipes she believes everyone should learn to make. Stewart wants her apple pie and lemon meringue pie to be part of her legacy. Stewart's upside-down lemon meringue pie was actually inspired by a recipe for "lemon angel pie" made by her recipe tester's grandmother, Josephine Rege. Stewart has shared recipes for both the upside-down lemon meringue pie and the mile-high lemon meringue pie on her site. Stewart recommends everyone learn how to make her mother's pierogiesStewart's first inspiration in the kitchen was her mother, Martha Kostyra, also known as "Big Martha."

Persons: Martha Stewart, Stewart, Martha's, —, Papa Johns, you'll, brisée, Josephine Rege, pierogies, Martha Kostyra, Martha, Big Martha, she's Organizations: Business, Service, Netflix Locations: Dijon

☆ Microsoft discloses equity investment in OpenAI for the first time, SEC filing shows
▼ + stars: | 2024-10-30 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +4 min

Microsoft disclosed equity investment in OpenAI for the first time, SEC filings show. AdvertisementMicrosoft disclosed an equity investment in OpenAI for the first time, according to its latest SEC filings. "We have an investment in OpenAI Global, LLC ("OpenAI") and have made total funding commitments of $13 billion," Microsoft wrote in the SEC filing on Wednesday. In previous SEC filings, Microsoft described the nature of its relationship with OpenAI as a partnership rather than an equity investment. "Going from 'partnership' to 'equity method investment' disclosure, including that losses are being recorded for their share, is a big change," McKenna added.

Persons: OpenAI, —, Francine McKenna, McKenna, Amy Hood, Copilot Organizations: Microsoft, SEC, Service, OpenAI, supercomputing Locations: OpenAI

☆ As voters cast ballots this election, some Americans are placing bets. Here’s what to know
▼ + stars: | 2024-10-30 | by ( Piper Hudspeth Blackburn | ) edition.cnn.com time to read: +7 min

The election markets have not gone unnoticed by the Republican Party’s presidential nominee, Donald Trump, who has touted his odds on social media and at campaign events. With more than 50 million ballots already cast ahead of Tuesday’s election, here’s what you need to know about election betting in the US. Robinhood, a popular stock-trading app, launched presidential election betting on Monday. PredictIt, another prediction market embroiled in a legal fight with the CFTC, also offers election contracts while its case is ongoing. Researchers, however, have long studied political prediction markets.

Persons: Donald Trump, “, Trump, Kamala Harris, Kalshi, ”, PredictIt, David G, Schwartz, ” Schwartz, Paul Rhode, Koleman Strumpf, isn’t, Elon Musk, Cantrell Dumas, it’s, ” Dumas Organizations: CNN, White, Kalshi, Republican, Democratic, Futures Trading Commission, Senate, DC, Appeals, CFTC, University of Nevada, The University of Iowa, Iowa Electronic Markets, Victoria University of Wellington, Commission, Better Locations: United States, Washington ,, Michigan, Las Vegas, New York City, Rhode, Nevada , Texas , Michigan, Iowa, New Zealand, Wisconsin, Pennsylvania

☆ Microsoft hints at a big change to its OpenAI investments in a new SEC filing
▼ + stars: | 2024-10-30 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +3 min

Microsoft disclosed an equity investment in OpenAI for the first time, SEC filings show. "We have an investment in OpenAI Global, LLC ("OpenAI") and have made total funding commitments of $13 billion," Microsoft wrote in the SEC filing on Wednesday. Related storiesIn a previous SEC filing, Microsoft described the nature of its relationship with OpenAI as a partnership rather than an equity investment. "We have a long-term partnership with OpenAI, a leading AI research and deployment company," Microsoft wrote in its annual SEC filing from late July. In the July filing, Microsoft listed OpenAI as a competitor for the first time.

Persons: OpenAI, —, Francine McKenna, Sam Altman, McKenna, Microsoft's, Copilot Organizations: Microsoft, SEC, Service, OpenAI, supercomputing Locations: OpenAI

☆ Vista's Robert Smith: How to prevent AI from further widening the racial wealth gap
▼ + stars: | 2024-10-29 | by ( Robert Smith | Ceo Of Vista Equity Partners | ) www.cnbc.com time to read: +5 min

For example, according to a recent McKinsey study, Black Americans are 10% more likely to be working jobs slated for AI automation. If current trends hold, the new wealth created by GenAI alone will increase the racial wealth gap by $43 billion annually, according to McKinsey. That begins with infrastructure that supports AI enablement for all, including education on AI tools, access to the internet and power to compute. SFI has been working hard to close the digital divide in Black communities, including Historically Black Colleges and Universities (HBCUs), 82% of which reside in broadband deserts. This work is bridging access gaps and ensuring that underrepresented talent thrives in the rapidly growing and in-demand field of AI.

Persons: Goldman Sachs, GenAI, Robert Solow, SFI Organizations: Istock, McKinsey, Initiative, Black Colleges, Universities, Vista Equity Partners, Morehouse College Locations: U.S, Black

☆ Influencers are playing a big role in the 2024 election. There’s no way to tell who’s getting paid for their endorsements
▼ + stars: | 2024-10-29 | by ( Clare Duffy | Brian Fung | ) edition.cnn.com time to read: +12 min

Angelo was paid by a Democratic political action committee for the post, a fact that’s clearly noted in the caption. Campaigning moves to social mediaIn 2024, political content posted by social media creators has become just as important as traditional celebrity endorsements — if not more. Together, the two organizations paid 15 social media creators to produce content encouraging Latinos to vote. Election advertisements are overseen by a different agency, the Federal Elections Commission, which lacks a similar disclosure rule for individuals who are paid to make endorsements on social media. Meta, the parent company of Facebook and Instagram, has since 2020 allowed paid political content from influencers, so long as the organization paying for it is registered in its ad library.

Persons: ” influencer Mikey Angelo, who’s, Angelo, they’ve, ’, they’re, “, ”, Krysten Stein, Jake Paul, Donald Trump, Trump, ” Paul, Tim Walz, Matt Nelson, Walz, Nelson, Paul, Kamala Harris ’, Harris, “ It’s, Danielle Butterfield, Butterfield, ” Butterfield, Influencers, Trump’s, Axios, Jack Posobiec, Riley Gaines, Tana Mongeau, Mongeau, she’d, ” Mongeau, they’d, Mitchell Katz, Ellen Weintraub, Shana Broussard, George W, Bush, aren’t, TikTok, Somos, Ari Cohn, ” Cohn, Robert Weissman, ” Weissman, Cate Domino, Domino Organizations: New, New York CNN, Democratic, influencers, Commission, Pew Research Center, University of Cincinnati Blue Ash College, YouTube, Convention, USA, Somos, CNN, NCAA, Democratic National Committee, Republican National Committee, Federal Trade Commission, Federal Elections Commission, FEC, Facebook, Public Citizen Locations: New York, Trump

☆ Alphabet's two pillars of growth stand tall in the latest quarter. But we're not ready to act
▼ + stars: | 2024-10-29 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

However, on "Mad Money" following the release, Jim said Alphabet delivered an "unambiguously great quarter." Alphabet Why we own it : Alphabet's Google Search is an invaluable tool for advertisers. Revenue for the Google Search, YouTube ads, and Google Network line items totaled $65.85 billion. That was up more than 10% from the year-ago quarter, though it was a slower growth rate than in the second quarter. The company exited the quarter with $93.23 billion in cash, cash equivalents, and marketable securities on its balance sheet.

Persons: It's, Jim Cramer, Jim, it's, Sundar Pichai, We're, Waymo, Anat Ashkenazi, Pichai, Jim Cramer's, Justin Sullivan Organizations: Google, U.S, European, Justice Department, Big Tech, Nvidia, YouTube, Microsoft, Revenue, Google Services, Walmart, Dallas Fort, CNBC Locations: U.S, Dallas, Dallas Fort Worth, Mountain View , California

☆ Visits to McDonald’s plunged after the E. coli outbreak
▼ + stars: | 2024-10-29 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +3 min

New York CNN —Americans around the country avoided McDonald’s last week after an E. coli outbreak left dozens of people sick. On Wednesday, the day after the E. coli outbreak was announced, customer visits to McDonald’s dropped 6.4% across the country and 24% in Colorado, where the outbreak was most prevalent, according to Placer.ai, which tracks foot traffic to restaurants and retailers. “The issue appears to be contained to a particular ingredient and geography, and we remain very confident that any contaminated product related to this outbreak has been removed from our supply chain and is out of all McDonald’s restaurants,” McDonald’s said Sunday. The E. coli outbreak has overshadowed McDonald’s business and came as the chain was struggling to win back customers put off by higher prices. The quarter ended on September 30 and did not include sales following the announcement of the E. coli outbreak.

Persons: McDonald’s, ” McDonald’s, RJ Hottovy Organizations: New, New York CNN, Colorado Department of Agriculture, McDonald’s Locations: New York, Colorado, McDonald’s, United States

☆ Adidas reaches out-of-court settlement with rapper Ye
▼ + stars: | 2024-10-29 | by ( ) www.cnbc.com time to read: 1 min

Adidas has reached an out-of-court settlement with rapper Ye to end all legal proceedings between them, the sportswear brand said on Tuesday, adding that no money changed hands in the agreement. Adidas and Ye had been embroiled in multiple lawsuits for the past two years since the German company ended a partnership with the rapper previously known as Kanye West over antisemitic comments he made. "There isn't any more open issues, and there is no... money going either way, and we both move on," CEO Bjorn Gulden told reporters on a conference call, declining to give further details of the deal. "There were tensions on many issues, and... when you put the claims on the right side and you put the claims on the left side, both parties said we don't need to fight anymore and withdrew all the claims," Gulden added.

Persons: Ye, Bjorn Gulden Organizations: Adidas, Kanye

☆ Rihanna's Fenty Beauty is about to release a $250 makeup kit in collab with one of Netflix's biggest animated hits
▼ + stars: | 2024-10-28 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +5 min

Fenty Beauty is releasing a collaboration with Netflix's hit animated series "Arcane." "Fenty Beauty x Arcane: The Legends Vault" is schedule for release on November 2 and is priced at $250. AdvertisementRihanna's Fenty Beauty is making a big bet on nerdworld, collaborating with Netflix's "Arcane" for its new "Fenty Beauty x Arcane: The Legends Vault" collection. According to Fenty Beauty's website, the collaboration vault is meant to showcase how "glam + animation collide." Representatives for Netflix, Riot Games, and Fenty Beauty didn't respond to requests for comment from Business Insider, sent outside business hours.

Persons: Netflix's, —, Fenty, Mel, Riche, I've, Arcane, Priscilla Ono, Ono, Kiahna Manker, Roblox, Rihanna, Lush, It's, Vox, greenlighting Organizations: Service, Riot, League of, Products, Games, Netflix, of, Korean, Adidas, London's O2 Arena, BiliBili, Video, Riot Games, Business Locations: Paris, Wembley

☆ Intercepted audio purports to show a chaotic start to North Koreans joining Russia's fight
▼ + stars: | 2024-10-28 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +4 min

Ukraine shared audio it said was intercepted from Russians readying to receive North Korean troops. It comes as NATO confirms that North Korean troops are already fighting in Ukraine. AdvertisementNorth Korean forces are facing a frantic and unorganized start as they join Russia's fight against Ukraine, intercepted audio suggests. Voices discuss the imminent arrival of North Korean servicemen. They talk in exasperated terms over unclear communication about the North Korean troops.

Persons: readying, —, it's, Mark Rutte, Joseph S, Bermudez Jr, Bermudez Organizations: NATO, Service, Ukraine, North Korean servicemen, Separate Marine Brigade, North, Center for International, Strategic Studies Locations: Ukraine, North, Russia's, Kursk, Russia, Moscow, Pyongyang, North Korea

☆ Rao’s will have its first-ever float in the Macy’s Thanksgiving Day Parade
▼ + stars: | 2024-10-28 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +4 min

New York CNN —Rao’s Homemade, the fast-growing sauce brand that originated in its namesake Harlem restaurant, is perhaps getting its biggest national exposure to date: a float in the Macy’s Thanksgiving Day Parade. Alan Creveling, Rao’s vice president of marketing, told CNN that the brand’s awareness among consumers lags far behind its entrenched competitors. A rendering of Rao's float in the Macy’s Thanksgiving Day Parade. Courtesy Macy’s Thanksgiving Day Parade“We want people that are unfamiliar with the brand to then get familiar with the brand,” Creveling said. Designing and building the float is about a nine-month process and, as part of the deal with Macy’s, Rao’s float will be featured in the parade for the next three years.

Persons: Peacock, Alan Creveling, Creveling, “, ”, Rao’s, ” Creveling, weren’t, Campbell’s, Andrea Hernández, you’re Organizations: New, New York CNN, Campbell’s, NBC, CNN, Apex Marketing Locations: New York, Harlem, Italian

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