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☆ How a millennial couple went from $750,000 in debt to being on track to retire in their 40s
▼ + stars: | 2024-07-28 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +7 min

Disha Spath, 38, and her husband were about $750,000 in debt a few years ago and were spending above their means. "I just want a balanced life and to not feel like I'm tied to my job," Spath said. Her student loans from medical school were $191,000, according to financial documents shared with BI. They eventually converted the home into a rental property for passive income, which allowed her to pay off her student loans quicker. Even though her job paid well, she had to take unpaid maternity leave for a few weeks when their first child was born.

Persons: Disha Spath, Spath, wasn't, —, maxing, She's, I've, they're, she's, we've Organizations: Service, Business, BI, Army, Nashville, New York —, IRA, FIRE Locations: Nashville, Savannah , Georgia, Savannah, New York

☆ Elon Musk says he's not giving Trump $45 million. But that it was even a possibility underscores democracy's biggest problem: money.
▼ + stars: | 2024-07-28 | by ( Katie Balevic | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewCould $45 million a month be enough to help push a controversial presidential candidate back into the White House? "There are also Democratic super PACs and Democratic mega-donors, and those donors have been very involved recently." Moreover, the existing rules governing contact between super PACs and candidates are "incredibly porous" and "go largely unenforced," Weiner said. Democrats have twice introduced the Freedom to Vote Act, which would have included campaign finance reforms and was widely considered pro-voter.

Persons: —, Elon Musk, Donald Trump, Musk, Daniel Weiner, Brennan, Weiner, Barack Obama, Obama, Peter Thiel, JD Vance's Organizations: Service, Business, Democratic, Citizens, Republicans Locations: United States

☆ I threw my son's Xbox out the window. Now, he's a national champion gamer playing for college scholarships.
▼ + stars: | 2024-07-28 | by ( Kelly Burch | ) www.businessinsider.com time to read: +4 min

My sons, Taylor and Tyler, started playing video games when they were 5 and 6. I had never heard of esports — or competitive video gaming — but at an open house, Taylor introduced me to the coach. Because of that, video gaming can now open up opportunities for students the same way traditional sports can, he said. Courtesy of Sherry WilliamsI was convinced, but I still had the rule that the boys couldn't play video games during the week. I even use the streaming platform Twitch to watch games that Taylor has played as if they're real sporting events.

Persons: —, Sherry Williams, Taylor, Tyler, Taylor couldn't, esports, I'm, Johnson, I've Organizations: Service, Business, Smith University

☆ Earnings playbook: Your guide to the busiest week of the season, including Microsoft and Apple
▼ + stars: | 2024-07-28 | by ( Fred Imbert | ) www.cnbc.com time to read: +4 min

Of those names, 78% have beaten earnings expectations. Tuesday Advanced Micro Devices is set to report earnings after the bell. Thursday Apple is set to report earnings following the market close. This quarter: Expectations are muted around the tech giant, with analysts forecasting just 6% year-over-year earnings growth, according to LSEG data. This quarter: Analysts polled by LSEG see earnings growth of more than 55% for Amazon.

Persons: Ruben Roy, Jefferies, AAPL, Baird, Will Power, AMZN, LSEG, Brian Pitz, 120bps Organizations: Microsoft, Devices, Apple, Google, CNBC, AMD, LSEG, GPU, ISI, Apple Intelligence, Amazon, BMO

☆ My husband and I divorced because of differing political beliefs. I still love him, but we want different futures.
▼ + stars: | 2024-07-27 | by ( Jennifer Della Zanna | ) www.businessinsider.com time to read: +4 min

After nearly four decades, it seemed impossible that the only answer for my husband and me could be divorce. At the time, I figured we were going through what many people call a political divorce. He was a little right of center, and I was a little left, but we agreed about most political things discussed in the news. Even the kids agree we work better divorced than married, and there is much less tension when we're all together. When we married, I promised to love him for the rest of my life, and I now feel confident that I'll do that.

Persons: wasn't, It's, it's Organizations: Service, Politics

☆ I've studied past assassination attempts in US politics. The most similar one to Trump's resulted in a loss in the election.
▼ + stars: | 2024-07-27 | by ( Lauren Crosmedlicott | ) www.businessinsider.com time to read: +6 min

For the 1912 election, Taft had the official Republican Party nomination, but Roosevelt decided to run as a third-party independent candidate. JFK and Robert Kennedy's assassinations had different electoral outcomesAfter John F. Kennedy's assassination on November 22, 1963, Lyndon B. Johnson became president. Johnson enjoyed significant popularity — over a 75% approval rating — on the coattails of Kennedy's assassination. AdvertisementRobert Kennedy's assassination meant Johnson's vice president, Hubert Humphrey, had an easier time securing the Democratic nomination. Ford pardoned Nixon and tried to move past Watergate, but the Republican Party couldn't overcome Nixon's stink and Ford's dismissal of his wrongdoings.

Persons: —, David Head, Donald Trump, I'm, John F, Kennedy, Theodore Roosevelt, Roosevelt, Republican William Howard Taft, Taft, Woodrow Wilson, Trump, Wilson, Robert Kennedy's, Lyndon B, Johnson, Robert F, Nixon, Hubert Humphrey, Richard Nixon, Gerald Ford, Ford, Republican Party couldn't, Kamala Harris, Biden, it's Organizations: Service, University of Central, Business, Trump, Republican, Republican Party, Democratic, Republicans, JFK Locations: University of Central Florida, Orlando , FL, Milwaukee, Taft, Vietnam, Los Angeles

☆ America's demand for skilled electricians is entering a boom cycle
▼ + stars: | 2024-07-27 | by ( Bob Woods | ) www.cnbc.com time to read: +10 min

Every year, nearly 10,000 electricians either retire or change careers, but only about 7,000 new ones enter the field. "We're benefitting from a generation that's looking past high school and is not seeing a career going through the traditional four-year college pathway. Contributing to that shift are high school guidance counselors like Steve Schneider, who has advised students for 28 years, currently at Sheboygan South High School in Wisconsin. It offers high school students hands-on training alongside workers from local companies, introducing them to skilled trades and other occupations, which can lead to an apprenticeship after graduation. Among LATTC's 12,000 students, 4,600 are currently enrolled in electrician training, he said, adding that tuition is around $1,000 a year.

Persons: —, David Long, They're, Adrian Sauceda, We've, Sauceda, Thayer Long, IEC's Thayer Long, Steve Schneider, Schneider, Kohler, NECA's David Long, Bill Elarton, Selig, Alan Marzullo, Marzullo, NECA's Long Organizations: Bureau of Labor Statistics, BLS, National Electrical Contractors Association, International Brotherhood of Electrical Workers, Independent Electrical Contractors, IEC, Sheboygan South High School, Rockline Industries, Inspire Wisconsin, NECA, Electrical Training Alliance, Department of Labor, Los Angeles Trade, Technical College, Syracuse University's College of Professional Studies, Consortium, Micron Technology, Local, Micron Locations: U.S, Wisconsin, Sheboygan, America, Clay , New York

☆ I'm running to become Maryland's next US senator. There are 'no days off,' but it's critical for me to understand the voters I hope to represent.
▼ + stars: | 2024-07-26 | by ( John L. Dorman | ) www.businessinsider.com time to read: +6 min

In the May primary, she defeated Rep. David Trone, who self-funded his campaign to the tune of over $60 million. If elected, she would become Maryland's first Black senator and only the second woman to represent the state in the upper chamber. The morning starts early, but I'm still the county executive, which means that the days are always really busy. I think this Senate campaign is the first time I've experienced anything where there are no days off. She took our sandwich orders, and I started explaining to her: "I'm here and I'm campaigning.

Persons: Angela Alsobrooks, David Trone, Larry Hogan, Maryland's, I've, I'm, Alsobrooks, Millard, Sarah L, Voisin, we'd, Anita, Andrew Harnik, didn't waver Organizations: Service, Prince, Democratic, Republican Gov, Prince George's County, Hyattsville Middle, Washington, Getty, The Washington Post, US Locations: Prince George's County , Maryland, That's, Prince George's, Hyattsville, Md, Shore, Burtonsville

☆ I worked remotely for 4 years and felt isolated, without any real connections with my coworkers. I decided to quit.
▼ + stars: | 2024-07-26 | by ( Jamie Bradley | ) www.businessinsider.com time to read: +4 min

The company changed, and so did IBeing a remote employee as coworkers returned to the office was extremely challenging. The disconnect didn't help my morale at workI started to feel isolated, lonely, and disconnected from my coworkers. AdvertisementFrom my experience, I know how difficult it can be to form meaningful connections with coworkers that you only interact with through a screen. When work gets frustrating, and I feel lonely or isolated, I find coworkers an invaluable support system. I want to prioritize personal connections throughout my career, which means stepping out from behind the screen and being together.

Persons: COVID Organizations: Service, Business Locations: New York City, New York, Denver

☆ My boyfriend and I met while standing in line for 8 hours. We've been going strong for over 2 years.
▼ + stars: | 2024-07-26 | by ( Jane Ridley | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. We were saddened by the news on September 8, 2022, that Queen Elizabeth II had died at 96. My mom and Aunt Louise decided to go and pay their respects, along with tens of thousands of others who adored the queen. You had to stand in line in one queue to get a wristband to join another one. Aiden wrote to King Charles III to tell him how we metI got home a few hours later, slept two hours, and went to work.

Persons: —, Jessica Stevens, Queen Elizabeth II, Aunt Louise, queued, Aiden, Aiden O'Neill, Harry Swain, wasn't, we'd, Stevens, O'Neill, King Charles III, Louise, texted, Harry, Aiden's, we've Organizations: Service, Westminster Hall, Business, Facebook Locations: Westminster, London, Ohio, Niagara Falls

☆ A man sued a restaurant after a bone in his 'boneless' wings got lodged in his throat. He lost.
▼ + stars: | 2024-07-26 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

Boneless wings keep confusing dinersBreast meat is cheaper because chickens only have two wings. In 2023, a man sued Buffalo Wild Wings , claiming that the name of its boneless wings was misleading. Before it added boneless wings to its menu this year, Popeyes had considered alternative names, like "bites." 'Boneless wing is merely a description of the cooking style'Berkheimer said that he had cut the boneless wing into three pieces to eat, per court documents. AdvertisementBerkheimer also appealed to Ohio's Supreme Court, which supported the Court of Appeals' ruling in an opinion on Thursday.

Persons: —, Michael Berkheimer, Berkheimer, Popeyes, didn't Organizations: Service, Wings, Business, Twelfth, Appeals, Buffalo Wild Wings, Factory Locations: Ohio, Brookwood, Hamilton , Ohio, Butler, New York City

☆ Credit Card Rewards Are Making Us Jerks, Causing Fights Among Friends
▼ + stars: | 2024-07-25 | by ( Emily Stewart | ) www.businessinsider.com time to read: +15 min

He's not doing all this out of the kindness of his heart; he's doing it because he wants the credit-card rewards. In a recent poll from Ipsos, 71% of Americans surveyed said they had some sort of rewards, points, or cash-back card, and 80% of those with such a card said they valued their rewards. But maybe we love our credit-card rewards too much, to the point that it's making us act in less-than-ideal ways toward those we hold near and dear. But credit-card rewards are, indeed, making things uncomfortable. I recently booked a fight with a friend who remarked she'd gotten some $300 in travel credit from her rewards card.

Persons: Pam, she's, It's, He's, Jane, Joe, there's, Mary fuming, Matt Schulz, Taylor Swift, I'm, Jen, who's, She'd, nonpoints, Emily Thompson, Guy, they'd, Ted Rossman, —, Danielle Bayard Jackson, she'd, Thompson, I'd, Matt, " Schulz, LendingTree, they've, Emily Stewart Organizations: brunch, LendingTree, American, Business Locations: San Francisco, Ipsos, Singapore, Chicago, Alaska, Florida

☆ I went on a secret holiday for a month without telling my boss, using a mouse jiggler to avoid suspicion. I'd do it again.
▼ + stars: | 2024-07-25 | by ( Charissa Cheong | ) www.businessinsider.com time to read: +8 min

I've also started "quiet vacationing," which is when your employer is under the impression you're working but you're secretly taking time off. Although I've considered leaving my job, I'm in a golden cage. Because I spend a lot of time doing nothing, I started quietly taking time off for travel without taking PTO over the past two years. Why are we having regulations about the hours that I'm online or where I'm working from? The world can't function if no one has a job, but your job doesn't need to be your entire life.

Persons: —, I'm, I've, I'd, it's, It's Organizations: Service, Business, San Locations: San Francisco, Europe, Italy

☆ Here's a sell-off strategy to take advantage of the painful market rotation out of tech stocks
▼ + stars: | 2024-07-25 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Those are our only "own, don't trade" stocks, and they may hold the key to the rest of tech. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, it's, Jim Cramer's, Jim Organizations: CNBC, Nasdaq, Apple, Nvidia, Club, Broadcom, AMD, Juniper Networks, Digital Realty Trust, Boston Beer, Bristol, Myers, Charter Communications, Colgate, Fed, Jim Cramer's Charitable Locations: Dexcom, Sketchers, Texas

☆ We're making lots of trades: 2 sales and 1 buy — plus, we're recommending 1 other buy
▼ + stars: | 2024-07-25 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

We're making a couple of small sales and a buy Thursday — trimming two positions currently benefiting from the broadening out trade and buying another on recent weakness. SWK YTD mountain Stanley Black & Decker YTD With earnings approaching and both stocks higher since their last reports, we're trimming these stocks just in case trends have not improved. On Stanley Black & Decker, we will realize a small loss of about 4% on stock purchased in the summer of 2023. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer's, Stanley Black, Decker, Linde, Eaton, there's, Jim Cramer, Jim Organizations: Linde, LIN, Stanley, Federal, Broadcom, CNBC Locations: Eaton, ETN, North America

☆ Southwest to get rid of open seating, offer extra legroom in biggest shift in its history
▼ + stars: | 2024-07-25 | by ( Leslie Josephs | ) www.cnbc.com time to read: +3 min

Southwest Airlines is ending open seating and will offer extra legroom seats on its airplanes as mounting pressure on the carrier to increase revenue prompts the biggest changes to its business model in its 53 years of flying. The airline plans to start selling the first flights that will offer extra legroom next year, it said Thursday. When travelers choose a competitor over Southwest, the airline found in its research that its open seating model was the No. Rival carriers offer a host of options to upsell customers like extra legroom seats, premium economy or business class. Southwest will provide more details about the upcoming changes at an investor day at the end of September.

Persons: they'll, Bob Jordan, Jordan Organizations: Southwest, Southwest Airlines, Elliott Investment Management, Boeing, Federal Aviation Administration, Analysts Locations: Dallas, Delta, United

☆ Russian and Chinese bombers were intercepted flying together for the first time near the US
▼ + stars: | 2024-07-25 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +1 min

The US intercepted Russian and Chinese bombers near Alaska on Wednesday. They weren't seen as a threat, but it's the first time the countries have been seen cooperating this way. AdvertisementNorth American Aerospace Defense Command said it sent fighter jets to intercept four Russian and Chinese bombers as they passed near Alaska on Wednesday. The military planes — two Russian Tu-95s and two Chinese H-6s — did not enter US airspace but passed through Alaska's Air Defense Identification Zone, NORAD said. An unnamed US defense official told CNN that it was the first time aircraft from the two countries had been intercepted together.

Persons: — Organizations: US, Service, Aerospace Defense Command, Alaska's Air, NORAD, CNN, Business Locations: Alaska, Beijing, Moscow, Russian

☆ After my first long-distance relationship failed, I vowed never to do it again. Then I met another foreign guy online.
▼ + stars: | 2024-07-25 | by ( Dena Roché | ) www.businessinsider.com time to read: +5 min

However, this guy reaching out was from Switzerland, a country I swore I would never set foot in again. On assignment as a travel journalist, I met a man while covering a story in Switzerland in 2017. What I thought would be a fun week turned into a three-year international long-distance relationship. You can't date long-distance forever. When the relationship ended, I vowed never to date internationally again and had no plans to return to Switzerland.

Persons: —, It's, Dena Roché, We've Organizations: Service, Business Locations: Switzerland, Rome, London, Havana, Paris, Zurich, Phoenix, Arizona, France, France's, Swiss

☆ Trump Lawyers Distance Themselves From Alina Habba in Fraud-Trial Appeal
▼ + stars: | 2024-07-24 | by ( Laura Italiano | ) www.businessinsider.com time to read: +5 min

Read previewIt's been 10 months since Donald Trump's New York civil-fraud defense lawyers were ordered to pay $7,500 each in sanctions for filing repetitive and frivolous legal motions. The brief argues that in sanctioning the civil-fraud defense lawyers in September, the judge improperly referenced two prior Habba matters that resulted in sanctions for her and Trump. AdvertisementHabba wasn't among the five fraud-trial defense lawyers hit with the small, largely symbolic sanctions last September because her name wasn't on the motions Engoron attacked as "frivolous." Habba and other Trump lawyers didn't immediately respond to a request for comment on the appeal. AdvertisementA nearly $500 million judgment — set by Engoron in February against Trump, The Trump Organization, and key longtime executives — remains on hold during Trump's appeal.

Persons: —, Donald Trump's, Arthur Engoron, Alina Habba, Trump, Hillary Clinton, Engoron, Clifford Robert, Michael Farina, Christopher Kise, Armen Morian, Michael Madaio, who's, Robert, Farina, Kise, Morian, — weren't, Letitia James, didn't Organizations: Service, New, Business, Trump, Engoron, The Trump Organization, Associated Press Locations: York, Florida, Bedminster , New Jersey, New York

☆ I graduated from Georgetown in the 1970s. I'm glad my 3 kids all went to university in Italy instead.
▼ + stars: | 2024-07-24 | by ( Lisa Diletti | ) www.businessinsider.com time to read: +6 min

Choosing the right college for my kidsNaturally, I often wished my three kids would have as life-changing a university experience as I had. All three of my kids opted for university in ItalyThe author's kids in 2016 in Florence, where they all opted to attend university. This made opting for a university in Italy a natural choice, and not just because of the affordability. AdvertisementThe year all three were in university simultaneously, the cost of tuition, rent, and meals for all kids totaled $60k. But that changed again when two of the kids moved back to Florence in 2023, and Fabio and I decided to follow.

Persons: —, Duke Ellington's, Fabio, Lisa Diletti, Polimoda, Florence, I'm Organizations: Service, Georgetown University, Business, Florence University of the Arts, — Locations: Washington , DC, Virginia, Italy, Florence, Italian, Europe, Northern Virginia, Minneapolis

☆ I spent 3 nights in Asia's least visited country. It also turned out to be the most expensive.
▼ + stars: | 2024-07-24 | by ( Marielle Descalsota | ) www.businessinsider.com time to read: +6 min

AdvertisementIt's one of the world's least-visited countries, making airfare and hotel rates more expensive than many countries in Asia. Only two airlines — the Indonesian low-cost carrier Citilink and the local airline Aero Dili — fly between Bali and Dili. Marielle DescalsotaCost of hotel stay for three nights: $500Timor-Leste only has a handful of three-star hotels and no luxury accommodations. I booked an entry-level room for three nights at Timor Plaza Hotel & Apartments for around $500, including tax. For activities, I spent $30 on a massage at a traditional Chinese spa and $50 on a half-day scuba diving trip at the coast.

Persons: —, I've, It's, what's, Cristo Rei, Hilton, Burger King, Gloria Jean's, nasi goreng Organizations: Service, Business, Leste, Indonesia, United Nations, Development, Aero Dili, Timor Plaza, Apartments Locations: Europe, Asia, Maldives, Bangkok, Kuala Lumpur, Timor, —, South, Connecticut, Development Asia, Indonesia, Australia, Bali, Dili, Darwin, stopovers, Singapore, Tokyo, guesthouses, Timor Leste

☆ How CrowdStrike caused a global IT meltdown and what comes next
▼ + stars: | 2024-07-24 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +24 min

But this was not a Microsoft issue. Tom ChittyWe're going to talk more about who CrowdStrike are, I think, you know, some people would probably never have heard of CrowdStrike. Lots and lots and lots of global businesses rely on CrowdStrike for their security. I had first seen that and thought it was a Microsoft issue, the reason why Windows crashed on my PC. It was a CrowdStrike issue.

Persons: Tom Chitty, We'll, I've, Arjun Kharpal, you've, Tom Chitty We're, let's, Arjun Kharpal CrowdStrike, George Kurtz, Kharpal, CrowdStrike, they're, it's, they've, Tom Chitty Well, what's, Arjun Kharpal We'd, Iyou, It's, who've, there's, Ciaran Martin, Patrick Anderson, Arjun, Tom, Tom Chitty We'll Organizations: Microsoft, Industries, CNBC, Netflix, NBC, Sky News, Tom Chitty Airlines, Civil Aviation, CrowdStrike, U.S, Board, U.S . Homeland Security Department, Google, National Cybersecurity Center, Anderson Economic Group, CNN Locations: U.S, beyondthevalley@cnbc.com, CNBC's London, London, Europe, China, Russia, Arjun Kharpal China, Moscow, what's, Michigan

☆ The bond market is on watch for a Trump win. What it'll mean for the deficit, inflation, and yields.
▼ + stars: | 2024-07-24 | by ( Laila Maidan | ) www.businessinsider.com time to read: +7 min

AdvertisementThe chart below shows a Trump lead based on how users are betting money on an outcome on Predictit's platform. So there's not really any change to tax policy and Trump has been looking to cut taxes further on companies and potentially on individuals as well." AdvertisementInflationWhere inflation is concerned, under a second Trump administration, expect a 10% import tariff on all goods. BondsAdvertisementExpectations for increased deficits, higher inflation, and slower growth have put upward pressure on interest rates over the last few weeks, Goldberg noted. And going forward, it's going to continue to put downward pressure on bond prices and upward pressure on yields, he added.

Persons: We've, Gennadiy Goldberg, Kamala Harris, — Goldberg, Goldberg, there's, Trump, Trump's, it's, Donald Trump Organizations: Service, TD Securities, Business, Republican, Trump, Predictit, Republican House, Democratic, Republicans, Peterson Institute for International Economics, Pew Research Center Trump, Washington, Federal Reserve, Investors Locations: Washington, Mexico, Canada

Understanding Car Insurance ClaimsWhat is a Car Insurance Claim? Types of Car Insurance ClaimsCommon car insurance coverages you can file claims for include but aren't limited to:CollisionComprehensiveLiabilityPersonal injury protectionMedical paymentsUninsured/underinsured motoristRental car reimbursementRoadside assistanceGap insuranceWhether you can file a claim under a specific coverage depends on if it's included in your policy. How to File a Car Insurance ClaimStep to File a Car insurance ClaimTake a look at the process of filing a car insurance claim. When to File Car Insurance Claim FAQWhen should I file a car insurance claim? How long you have to file a car insurance claim varies by insurer.

Persons: it's, Falen Cox, Cox, Dan Ferrara, Ferrara Organizations: Insurance Information Institute, Insurance, CRM, Insurance Company, Car Insurance, Car, Chevron

☆ 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

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