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☆ Elon Musk offers $1 million a day to entice swing state voters to sign petition
▼ + stars: | 2024-10-20 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +6 min

Speaking at an America PAC event in Harrisburg, Pennsylvania, Musk said, "I have a surprise for you," adding that the prize money is available "every day from now until the election." "How Pennsylvania goes I think is how the election goes," Musk said. The deadline to sign the petition is Monday night, which is the day Pennsylvania's voter registration closes. "We get crazy things," Musk said, "like SpaceX got fined $140,000 for dumping potable drinking water on the ground at Starbase." Musk only mentioned Trump sparingly throughout the evening, and didn't discuss his policies or record as president in any detail.

Persons: Elon Musk, Donald Trump, Rachel Wisniewski, Reuters Elon Musk, Musk, John Dreher, Rick Hasen, Hasen, NBC's, Josh Shapiro, Biden, Kamala Harris, Kamala, I'm, Trump, he's, Chandan Khanna, Tesla, It's, didn't Organizations: PAC Town Hall, Reuters, Trump, America PAC, SpaceX, Republican, NBC, CNBC, Pennsylvania Democratic Gov, Federal Communications Commission, Environmental Protection Agency, Federal Aviation Administration, National Oceanic, Atmospheric Administration Fisheries, SpaceX Falcon, Clipper, Kennedy Space Center, Afp, Getty, NOAA Fisheries, White Locations: Folsom , Pennsylvania, U.S, Harrisburg , Pennsylvania, Pennsylvania, Arizona , Georgia, Michigan, Nevada , North Carolina , Pennsylvania, Wisconsin, Harrisburg, Starbase, Boca Chica , Texas, Florida

☆ Israel and Hamas are fighting a battle of narratives over Sinwar’s death
▼ + stars: | 2024-10-20 | by ( Ivana Kottasová | ) edition.cnn.com time to read: +9 min

Or perhaps it shows a defiant hero who is staring the enemy in the eye while fighting till the bitter end. When the Israel Defense Forces (IDF) announced the killing of Yahya Sinwar last week, they released several photos and a video showing the Hamas leader during his last moments alive and after his death. Internationally, it is under pressure over the mounting Palestinian death toll and horrific humanitarian situation in the strip. Avichay Adraee, the IDF’s Arabic spokesperson, said the IDF found huge sums of money, food and water in Sinwar’s hideouts. But Siegal said that there was likely another reason for the IDF releasing the video showing Sinwar all alone at the end.

Persons: Yahya Sinwar, Gershon Baskin, Baskin, Gilad Shalit, Netanyahu –, ” Baskin, Benjamin Netanyahu, Saladin, ”, Sinwar, “, Netanyahu, ” Mustafa Barghouti, Shin Bet, –, Mohammed Huwais, ’ Gil Siegal, ” Siegal, Mohammed Deif, Hassan Nasrallah, Avichay Adraee, ” Adraee, Adraee, Shira Efron, he’s, Siegal, CNN’s Nadeen Ebrahim, Abeer Salman, Dana Karni Organizations: Tel, Tel Aviv CNN, Israel Defense Forces, IDF, CNN, Palestinian National Initiative, CIA, Getty, Center for Medical Law, Bioethics, Ono Academic College, ’, Israel Policy, Hamas Locations: Tel Aviv, Israel, backchannels, Gaza, Palestine, Jerusalem, Yemen's, Sanaa, AFP, Sinwar’s hideouts, “

☆ Why I paid $95 to recycle a mattress — and you might, too
▼ + stars: | 2024-10-20 | by ( Greg Iacurci | ) www.cnbc.com time to read: +9 min

The author paid a company, Renewable Recycling, to pick up and recycle his queen-size mattress in New York City. Greg IacurciI paid $95 to recycle a mattress. Why mattress recycling can be expensiveShredded old mattress materials. Guillaume Souvant | Afp | Getty ImagesThe $95 fee I ultimately paid to Renewable Recycling is "pretty standard" among mattress recyclers, Conway said. For example, cotton remnants must be picked off steel mattress springs before it can be shredded or baled for sale to scrap markets, according to the Mattress Recycling Council.

Persons: Greg Iacurci, Alicia Marseille, Robert Brook, —, Meg Romero, Charles, Mark Rightmire, Romero, Peter Conway, Conway, Guillaume Souvant, Charles County, " Romero, Staples, Reid Lifset, Amanda Wall, Wall Organizations: Renewable, U.S, Mattress, Arizona State University, MRC, Salvation Army, Goodwill, Freecycle, Recycling Inc, MediaNews, Orange, Getty, Spring, Afp, Yale School of, Colorado, Environmental Resources, Arizona State University Individuals, International Sleep Products Association Locations: New York City, Brooklyn, Charles County , Maryland, East Rockaway , New York, San Juan Capistrano , California, Spring Back Colorado, Commerce City, Colorado, Oceanside , New York, Charles, California, Mexico, Canada, India, Egypt, Texas, Marseille, — California, Connecticut, Rhode, Oregon, Rhode Island, New York , Massachusetts, Maryland, Virginia

☆ Arizona is a top presidential battleground. But the Senate and House races there are taking place in their own universe.
▼ + stars: | 2024-10-19 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Sahil_Hs.Jpg | Sahil Kapur | ) www.nbcnews.com time to read: +6 min

In the House, two Republican congressmen are aiming to fend off a pair of Democratic former state legislators. Seven-term GOP Rep. David Schweikert is seeking to hang on against Amish Shah, a doctor, in the blue-trending Phoenix suburbs after winning by less than 1 point in 2022. And in the Tucson area, freshman Republican Rep. Juan Ciscomani is facing a rematch against Kirsten Engel after previously winning by under 2 points. Arizona’s two highly competitive House racesBoth of these House races are rated as “toss-ups” by the nonpartisan Cook Political Report With Amy Walter. “All four have distinct personalities,” said a Democratic operative working on House races, who spoke candidly on the condition of anonymity.

Persons: Mesa Mayor John Giles, Kamala Harris, Kari Lake, Donald Trump acolyte, Ruben Gallego, “, Donald Trump, ” Giles, hasn’t, David Schweikert, Shah, Juan Ciscomani, Kirsten Engel, Amy Walter, ”, Lake, “ Arizonans, Ciscomani, Blake Masters, Gallego, ” “, Trump, Lake’s, Don, Bacon, Dan Conston, Harris, Sen, John McCain, “ I’ve, I’m, ” Roberta Voss, Eli Crane, Crane, Jonathan Nez, Kevin McCarthy midsession, McCarthy, Marson Organizations: Mesa Mayor, Republican, Democratic, Senate, GOP, Trump, Nebraska Rep, Congressional, Fund, NBC News, Social Security, Navajo Nation, ” Arizona Republican, American Locations: Arizona, Phoenix, Tucson, Omaha, Navajo, ” Arizona

☆ Democrats target 'Swiftie' voters as The Eras Tour returns: 'We're not taking any vote for granted'
▼ + stars: | 2024-10-19 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +3 min

The DNC is using the final stretch of The Eras Tour to urge young people to vote for Kamala Harris. Taylor Swift began a three-night run of shows at Miami's Hard Rock Stadium on Friday. The singer-songwriter, who said she was officially backing Harris in the election race last month, began a three-night run of concerts at the Hard Rock Stadium in Miami on October 18. The same day, the DNC launched its "I Will Vote" campaign, targeting youth voters in battleground states ahead of the November 5 election. Vice President Kamala Harris.

Persons: Kamala Harris, Taylor Swift, Swift, Harris, —, Jim Vondruska, Rosemary Boeglin, We're, Donald Trump's, It's, heartened, Walz, I've Organizations: Service, Democratic National Committee, DNC, Business Locations: Instagram, Miami

☆ Business Insider Subscriptions: Enjoy Premium News Stories
▼ + stars: | 2024-10-19 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +17 min

It isn't an accident that people who want to cancel a subscription often have to navigate a web of bureaucracy and confusion. "Actual affirmative consent from a consumer," Witte said, would establish trust between the consumer and the company, boosting loyalty. Along with litigation from the CFPB, state attorneys general have pursued legal action against big companies over hard-to-cancel subscriptions. Last year, Letitia James, New York's attorney general, sued SiriusXM over claims that the radio company trapped customers in subscriptions and maintained a complicated and burdensome cancellation process. AdvertisementIndustries have mastered techniques to maximize their profits by crafting their business models in confusing ways that can lure customers into a subscription without realizing it.

Persons: Doug Mattison, Mattison, —, he'd, I've, Florencia Marotta, Wurgler, Erin Witte, Witte, you've, TransUnion, Cuban, hadn't, it's, Rachel VonSiebenhoven, VonSiebenhoven, I'm, we've, Letitia James, SiriusXM Organizations: Federal Trade Commission, New York University, Consumer Federation of America, Consumer Financial, Bureau, Association of National, FTC, Cuban, Companies, Industries Locations: Ohio, Colorado, New

A federal judge on Thursday issued a temporary restraining order against Florida’s surgeon general, the latest development in a legal battle over a television ad supporting the state’s abortion rights ballot measure. Earlier this month, the Florida Department of Health sent cease-and-desist letters to multiple broadcast stations that had aired the ad, threatening criminal charges against stations that didn’t stop playing it. The restraining order against Florida Surgeon General Joseph Ladapo lasts through Oct. 29. Even before the decision, Federal Communications Commission Chairwoman Jessica Rosenworcel had denounced the cease-and-desist letters as a violation of the First Amendment. The Florida Department of Health continued to oppose the ads in a statement on Friday.

Persons: “, Mark Walker, Joseph Ladapo, ” Walker, Jessica Rosenworcel, ” Rosenworcel, ”, John Wilson, Wilson, Jae Williams, ” Caroline, Lauren Brenzel, ” “, ” Brenzel, Bacardi Jackson, ” Jackson Organizations: Florida Department of Health, U.S, District, Florida, State of, Federal Communications, Tampa Bay Times, Miami Herald, The Florida Department of Health Locations: Florida, Caroline, coercing, State of Florida, Hurricane Milton

☆ A death row inmate wrestled with guilt and addiction before his execution
▼ + stars: | 2024-10-18 | by ( Abigail Brooks | Abigail Brooks Is A Producer For Nbc News. | ) www.nbcnews.com time to read: +8 min

ATMORE, Ala. — When Derrick Dearman entered Alabama’s execution chamber Thursday evening, he was the fifth man the state put to death this year. The difference between Dearman and the men who came before him is that he went to his death willingly. “I believe in the death penalty, but it might be more justice for him to spend the rest of his life in prison. Dearman went to the home and was told he could not stay the night. Dearman wrestled a pistol away from Justin Reed as Reed tried to defend himself and Chelsea Reed.

Persons: Derrick Dearman, Kay Ivey, Steve Marshall, Dearman, Shannon Melissa Randall, Robert Lee Brown, Justin Kaleb Reed, Joseph Adam Turner, Chelsea Marie Reed, Bryant Randall, Chelsea’s, Shannon, Robert, ” Randall, “, ”, Jeff Hood, Hood, William C, Holman, Laneta Lester, Lester, Joseph Turner, Shannon Randall, ” Dearman, I’m, Laneta, Robert Brown, Justin Reed, Reed, Chelsea Reed, Derek, Abagail, Dearman's, I’ve, y’all, “ Derrick Dearman, Carey Dale Grayson Organizations: NBC News, Holman Correctional Facility, U.S . Justice Department, Turner, Justice Initiative Locations: Ala, Dearman, Alabama, Citronelle , Alabama, Laneta, Leakesville , Mississippi, “

The Democratic National Committee is using the last stretch of Taylor Swift’s Eras Tour to urge young people to vote for Vice President Kamala Harris. In conjunction with her shows, the DNC announced that it is launching a Taylor Swift-themed “I Will Vote” campaign across Florida and other battleground states. Ads for the “I Will Vote” campaign will begin appearing across Miami on billboards, including a mobile billboard on a boat near Hard Rock Stadium. The advertisements will encourage young voters to embrace their “Kamala era,” the DNC said in its announcement. Before Swift backed the Democratic ticket, many of her fans had already formed the group Swifties for Kamala — which is unaffiliated with Swift, the DNC or the Harris campaign — to raise money for Harris.

Persons: Kamala Harris, Swift, Harris, Taylor Swift, Trump, Gen, Kirby Lee, Rosemary Boeglin, “ We’re, Harris ’, Donald Trump’s, Boeglin, Kamala, ”, Vote.org, Swift’s, Kamala —, — Organizations: Democratic National, Democratic, DNC, NBC News, AP, Swift Locations: Miami Gardens , Florida, Florida, Miami Gardens, Fla, Miami, Instagram

She frequently advertises Republicans for Harris, a group that includes the late senator’s son Jim McCain, former Sen. Jeff Flake and Mesa Mayor John Giles. Maricopa County, home of Phoenix, accounts for about two-thirds of Arizona voters, including many of those disaffected Republicans who are well-educated center-right voters. Harris praises McCain in Arizona campaign stopsIn a campaign swing through Arizona last week, Harris fondly — and repeatedly — spoke of McCain and lavished praise on his ACA vote. “It required one more vote to keep it intact, and that vote was the late, great John McCain,” Harris said in Chandler, just outside Phoenix. The Trump campaign dismissed Harris’ GOP outreach as a mirage.

Persons: PHOENIX, Kamala Harris, vanquishing Donald Trump, Sen, John McCain, Joe Biden, Harris, “, Barrett Marson, ” Marson, Donald Trump, ” Harris, Trump, Jim McCain, Jeff Flake, Mesa Mayor John Giles, ” Jen Cox, we’ve, Arizonans, McCain, ” Giles, Giles, Kyrsten, Mark Kelly’s, Kelly’s, Sinema, —, I’ll, Kelly, ”, Rachel Reisner, Cox, Nikki Haley, Marson, Trump’s, ” Cox, ” “ Arizonans, Ruben Gallego, Gallego, Kari Lake, ” Gallego, I’m Organizations: GOP, McCain, Department, Republicans, McCain Republicans, Mesa Mayor, NBC News, Republican, Trump, Democrats, Democrat, Democratic, Green Party, Democratic Party, New York Times, Siena College, Biden, Arizona, Department of Education, Senate Locations: Arizona, Phoenix, Maricopa County, playbook Arizona, Pennsylvania, Michigan, Wisconsin, Mesa, Trump, Chandler, Pima County, Tucson

☆ UBS launches its experiential "House of Craft" campaign in New York as Credit Suisse integration continues
▼ + stars: | 2024-10-18 | by ( Julia Hood | ) www.businessinsider.com time to read: +6 min

UBS launched its global "House of Craft" initiative at an event in New York City in October. AdvertisementIn a SoHo townhouse in New York City, UBS launched its global "House of Craft" initiative, an experiential campaign that honors the tradition of craftsmanship. AdvertisementConvening around craftNew York City's legacy of fine craftsmanship made it the choice destination for UBS's first "House of Craft" event. James Miller, who said he collects micro-brand timepieces, wore a Henry Archer watch to the "House of Craft" event. "This is a brand campaign, but it's one very clearly associated with making sure more people are positively thinking about us," he said.

Persons: —, Carmelo Anthony, Daniel Dae Kim, Ginny Wright, Audemars Piguet, Jean, Claude Biver, John McDonald, McDonald, Sergio Ermotti, Ermotti, Prophet, James Miller, Henry Archer, Julia Hood Miller, Nathan Desloover, Todd Snyder, Julia Hood, I've, Desloover, I'm Organizations: UBS, Credit Suisse, Service, NBA, Audemars, TAG, Suisse, Swiss, Publicis Groupe, Suisse hasn't, Horological Society of New Locations: New York City, Swiss, Americas, UBS's, Asia, Latin America, New York, York, Horological Society of New York, Detroit

☆ Analysis: Sinwar’s killing brings end of Gaza war within reach – if Israel can seize the chance
▼ + stars: | 2024-10-18 | by ( Ivana Kottasová | ) edition.cnn.com time to read: +7 min

And it could bring the devastating war in Gaza closer to an end, experts say – if Israel and its allies can seize the opportunity. Before the war, power in Hamas was decentralized – with Gaza political chief Sinwar just one of many leaders, Chorev said. Shira Efron, a senior director of policy research at the Diane and Guilford Glazer Foundation said Sinwar’s killing gives Netanyahu the chance to claim a victory. Sinwar’s killing could also pave the way for a hostage and ceasefire agreement, since he was believed to be one of the main blockers of a deal. Chorev, from Tel Aviv University, added that Netanyahu could see Sinwar’s killing as a moment to cement his legacy.

Persons: Yahya Sinwar’s, Harel Chorev, Moshe Dayan, Sinwar, Chorev, “ Sinwar, Mohammed Deif, ”, Mohammed, Khalil Al Hayya, ” Chorev, Netanyahu’s, ’ Netanyahu, Shira Efron, Diane, Guilford, Netanyahu, “, Einav Zangauker, Matan, Uzi Rabi, Critics of Netanyahu, Joe Biden, clawing, Rabi, Yoav Gallant, Efron, ” Efron Organizations: CNN, Israel, Moshe, Tel Aviv University, Gaza, Hamas ’, Hamas, Guilford Glazer Foundation, ” Locations: Israel, Gaza, Cairo, “ Israel, United States, Lebanon, Rafah, ”, Gaza’s

☆ Minimum wage is on the ballot in 5 states this November. Here's how the votes could go
▼ + stars: | 2024-10-18 | by ( Annie Nova | ) www.cnbc.com time to read: +6 min

"Since 2014, 12 states have passed minimum wage increases through ballot measures," Martinez Hickey told CNBC. Meanwhile, voters in Arizona will decide on a ballot measure that would lower the minimum wage for tipped workers. Here's what's at stake for workers who make the minimum wage, and the employers who pay them, in next month's election. 1 would raise the minimum wage to $13 in 2025, and to $14 in 2026. Question 5 in Massachusetts would slowly phase out its tipped minimum wage of $6.75 per hour, until it eventually matches the state's standard minimum wage by 2029.

Persons: Lucy Nicholson, Sebastian Martinez Hickey, Martinez Hickey, Here's, erick Pasquier, Joelle, Hall, Kati Capozzi, Capozzi, Richard von Glahn Organizations: California Labor, Reuters, Economic, Institute, CNBC, Alaska AFL, Alaska Chamber, Healthy Families, San Francisco, LAO, Massachusetts Institute of Technology Locations: Alaska , Missouri, California, Arizona, Alaska, United States, Bering Sea, Missouri, North America, U.S, Massachusetts Institute of Technology . Massachusetts, Massachusetts

☆ Fact check: Debunking Trump’s October lying spree about immigration
▼ + stars: | 2024-10-18 | by ( Daniel Dale | ) edition.cnn.com time to read: +23 min

Harris’ approach to the border: Trump falsely claimed of Harris: “She was saying the other day, ‘Yes, oh yes, we want to have a border.’ The first time she ever said it. The legal status of immigrants in Springfield: Trump falsely claimed, “They just dropped 30,000 illegal aliens in Springfield, Ohio.”This is false in more than one way. And while there is no official tally of the number of immigrants in Springfield, Trump’s “30,000” figure exceeds local estimates. More about immigrants in Springfield: Trump claimed that immigrants in Springfield are on “probation,” and he added, “Probation is for prisoners.” This is false in two ways. The word “caravan”: Talking about migrant caravans, Trump repeated his false claim that he invented the term: “The caravan.

Persons: Donald Trump, Kamala Harris ’, Harris, Trump, Joe Biden, ”, ” Biden, Alejandro Mayorkas, Biden, ” Harris, didn’t, “, ‘, it’s, –, Kamala Harris, It’s, Hurricane Helene, Hurricane Milton, ” James Hathaway, that’s, they’re, “ That’s, Ohio Sen, JD Vance, Trump’s, Mike DeWine, Vance, Chris Cook, ” Roberto Briceño, ” Trump, ” Helen Fair, hasn’t, Mike Coffman, ” Coffman, They’ve, Honduras –, Barack Obama, Obama’s, Harris “, Aaron Reichlin Organizations: Washington CNN, White, Homeland, Trump, Biden, Department of Homeland Security, ICE, Immigration, Customs, FEMA, Federal Emergency Management Agency, Congress, House Republicans, Refugee, Asylum, University of Michigan, UN, YES, ” Republican Ohio Gov, New York Times, US, “, CNN, Venezuelan, of, . Migrants, Democratic, Institute for Crime & Justice, Research, Birkbeck , University of London, Republican Aurora, Central, Customs Enforcement, El Salvador, Homeland Security, American Immigration Council, ICE hasn’t Locations: El Salvador, Guatemala, Honduras, United States, Texas, Arizona, Afghanistan, ”, That’s, Mexico, U.S, Springfield , Ohio, Univision, Springfield, Ohio, “, Cuba, Vietnam, Hungary, Czechoslovakia, Lebanon, Venezuela, Caracas, Congo, Democratic Republic of Congo, Republic of Congo, United Kingdom, Colorado, Venezuelan, Aurora, America

Vice President Kamala Harris still has a wide lead over former President Donald Trump among Black voters in battleground states, according to a new poll, which shows a key slice of undecided Black voters still poised to make a decision about the presidential election. The findings, from a Howard University Initiative on Public Opinion poll of 981 likely Black voters in battleground states — Arizona, Georgia, Michigan, Nevada, North Carolina, Pennsylvania and Wisconsin — show that 84% of likely Black voters will support Harris in November and 8% say they’ll support Trump. While an overwhelming majority of Black voters overall plan to support Harris, the data shows a small shift among independents from a month ago. Black voters support Harris by large margins across all age groups, but her margin among young voters (63 points) is much smaller than her margin among older voters (82 points). Among undecided Black voters, 19% said the economy is the most important issue to their vote, followed by inflation/cost of living (14%).

Persons: Kamala Harris, Donald Trump, Harris, Trump Organizations: Black, Howard University Initiative, Public, Trump, Republicans, Harris, Howard Initiative Locations: Arizona, Georgia, Michigan, Nevada , North Carolina , Pennsylvania, Wisconsin, Arizona , Georgia

BERLIN — President Joe Biden is leaving Washington for Germany on Thursday morning in what will be one of the last opportunities to outline his vision for foreign policy before the election next month. After landing in Berlin, Biden will be greeted with full military honors Friday before receiving the country's highest Order of Merit from President Frank-Walter Steinmeier, his office said. After years of refusing U.S. prodding to trade the Russian, Biden and Vice President Kamala Harris separately convinced Scholz earlier this year. On Wednesday, Biden announced a $425 million aid package for Ukraine that includes air-to-ground munitions and armored vehicles, and promised more defense systems and supplies in the months to come. The White House said Biden will now travel to Angola in early December.

Persons: Joe Biden, Biden, Frank, Walter Steinmeier, ”, Olaf Scholz, Scholz, Evan Gershkovich, Marine Paul Whelan, Kamala Harris, Hurricane Milton Organizations: BERLIN, Merit, Marine, White, Ukraine, Russia, Wednesday Locations: Washington, Germany, Berlin, U.S, Russia, Russian, France, Britain, Ukraine, Angola, Hurricane

☆ Ron DeSantis, using the levers of state government, ramps up efforts to defeat Florida abortion-rights ballot measure
▼ + stars: | 2024-10-17 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | Adam Edelman | ) www.nbcnews.com time to read: +8 min

Last month, a state-run health care agency launched a website that shares information that proponents of the ballot measure say is misleading. The DeSantis administration has also ramped up efforts to investigate allegations of fraud in the signature-gathering process by the groups behind the measure. In addition, the state Health Department sent cease-and-desist letters this month to multiple television stations across the state that had aired an ad that supported the ballot measure. Spokespersons for the DeSantis administration, the Health Department and the Agency for Health Care Administration didn’t respond to questions. Even putting the efforts from DeSantis and other Florida Republicans aside, the ballot measure faces an uphill climb.

Persons: Ron DeSantis, DeSantis, ”, “, Sen, Jason Pizzo, ” Lauren Brenzel, “ Don’t, ” Pizzo, Donald Trump, waffling, Alex Andrade, he’s, ” Andrade, Ashley Moody, It’s Organizations: Florida Gov, Republicans, GOP, Florida Republican, Democratic, Floridians, Florida Agency for Health Care Administration, American Civil Liberties Union of, Washington Post, The Associated Press, Freedom, Health Department, Agency for Health Care Administration, Trump, Republican Party, “, DeSantis, Republican, Florida Republicans Locations: Florida, American Civil Liberties Union of Florida, DeSantis

☆ Military and defense leaders explain how 5G and Open RAN are helping solve networking challenges
▼ + stars: | 2024-10-17 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +4 min

5G and Open RAN are some networking technologies they highlighted. "5G networks will enable automated guided vehicles, port and airfield operations, and cutting-edge telemedicine such as remote access to specialists and rapid creation of field hospitals," Ramirez said. "So looking at this from the perspective of how do we actually manipulate these systems internally, we've gone 100% in on Open RAN as our solution. We have a perspective of how Open RAN is the basis for taking advantage of these technologies and pushing us into the 6G era." The Department of Defense is working with academic and industry leaders on Open RAN to bring its communications systems into a new era, he said.

Persons: —, It's, Venice Goodwine, that's, Goodwine, Juan Ramirez, Ramirez, Tom Rondeau, Rondeau, we've Organizations: MWC Las Vegas, RAN, Service, MWC, Vegas, Radio Access, Department of, Air Force, Air, Department of Defense, Department Locations: Venice

☆ How Blackstone made 18,000 workers owners of their HVAC company
▼ + stars: | 2024-10-17 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +11 min

Earlier this year, Blackstone rolled out an ownership plan for employees of HVAC company Copeland. The newest rage in private equity seeks to flip that model on its head by offering employees equity on top of their regular salaries. Success in private equity is often evaluated by how much money a deal generates compared to the initial investment. Joe Baratta, global head of private equity at Blackstone BlackstoneAcross the industry, high interest rates have squeezed returns and exit opportunities. KKR's global cohead of private equity, Pete Stavros, also helped found the nonprofit Organizing Works to encourage the adoption of this model across the private equity industry and beyond.

Persons: Blackstone, Copeland, Here's, —, Ross Shuster, Shuster, Stuart Dalgleish, Joe Baratta, Dalgleish, we've, Copeland's Shuster, outsized, Pete Stavros, KKR's Stavros, NPR's, Ted, Stavros, Josh Ryan, Leonard Green, Axel Springer Organizations: Service, Business, Blackstone, Emerson Climate Technology, Blackstone ., BI, Human, Emerson Electric, Employees, Merlin Entertainment, Blackstone Blackstone, KKR, CHI, NPR, GeoStabilization, Leonard Green & Partners Locations: New York City, Manhattan

☆ CNBC Daily Open: Strong earnings, macro conditions propelling stocks up
▼ + stars: | 2024-10-17 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Markets rise on upbeat earningsU.S. stocks resumed their advance Wednesday, as Morgan Stanley and United Airlines earnings topped estimates. The ministry also announced that bank loans to developers will be speeded up and nearly double to 4 million trillion yuan by the end of 2024, from the 2.23 trillion yuan already approved. [PRO] A shining sector that's not tech nor utilitiesBig Tech stocks, fueled by excitement over generative artificial intelligence, have been responsible for most of this year's rally in the market. But there's a new group of stocks that's fast becoming one of the best-performing sectors for the year.

Persons: Morgan Stanley, it'd, CSAC Organizations: CNBC, United Airlines, CSI, Beijing, ECB, European Central Bank, Intel Intel, Cybersecurity Association of China, Officials, Big Tech Locations: Asia, Pacific

☆ Biden administration forgives $4.5 billion in student debt for over 60,000 public service workers
▼ + stars: | 2024-10-17 | by ( Annie Nova | ) www.cnbc.com time to read: +2 min

The Biden administration announced on Thursday that it was forgiving another $4.5 billion in student debt for over 60,000 borrowers. The latest round of relief is a result of the U.S. Department of Education's fixes to the popular, but once troubled, Public Service Loan Forgiveness program. "Public service workers – teachers, nurses, firefighters, and more – are the bedrocks of our communities and our country," Biden said in a statement. Before Biden took office, only 7,000 people had ever received the debt relief under PSLF, the U.S. Department of Education said. By contrast, Trump has called for the elimination of the Public Service Loan Forgiveness initiative and expressed opposition to the Biden administration's other efforts to cancel education debt.

Persons: Joe Biden, Biden, George W, Bush, it's, Mark Kantowitz, Kamala Harris, Donald Trump, Harris, Trump Organizations: Biden, U.S . Department, Public, Consumer Financial, Bureau, U.S . Department of Education

☆ The head of Cubist's centralized high-speed trading unit is out after less than a year
▼ + stars: | 2024-10-17 | by ( Alex Morrell | ) www.businessinsider.com time to read: +3 min

The exec leading Cubist's centralized high-frequency trading unit is leaving the firm. Cubist, the quant arm of pod shop Point72, has invested heavily in its centralized trading effort. AdvertisementCubist Systematic Strategies has been investing tens of millions into a centralized trading operation. He has a background in FX futures, working at Radix, 3Red, and most recently Citadel Securities, where he was a quant researcher in high-speed, machine-learning-driven trading strategies, according to his LinkedIn and personal website. While he only officially joined Cubist last year, he was recruited in 2021 and was subject to a two-year noncompete clause.

Persons: Vibhav Bukkapatanam, —, Bukkapatanam, Denis Dancanet Organizations: Service, Citadel Securities, Citadel, Tower Research Locations: multimanager, HFT, Dancanet

☆ Overseas UK territories are the ‘biggest enablers of corporate tax abuse,’ tax advocacy group says
▼ + stars: | 2024-10-17 | by ( Dylan Butts | ) www.cnbc.com time to read: +4 min

Advocacy group Tax Justice Network has ranked the British Virgin Islands, followed by the Cayman Islands and Bermuda as "most complicit" in helping corporations underpay corporate income tax. Traffic_analyzer | Digitalvision Vectors | Getty ImagesBritish overseas territories are the world's top enablers of corporate tax abuse, according to a ranking by tax advocacy group Tax Justice Network. The British Virgin Islands is the territory "most complicit" in helping multinational corporations underpay corporate income tax, followed by the Cayman Islands and Bermuda, according to the latest update to TJN's Corporate Tax Haven Index earlier this month. TJN estimates that the UK and its British tax havens cost other countries an estimated $84 billion in corporate taxes annually. Defending themselves against the charges made by the advocacy group, spokespersons from some of the governments said they were in full compliance with international tax standards set by the Organisation for Economic Co-operation and Development.

Persons: FCDO, Broad, TJN, pushback Organizations: Tax, Network, Getty Images, Tax Justice Network, Corporate, TJN, CNBC, Switzerland, Organisation for Economic Co, Development, British, Foreign, Commonwealth, Development Office, OECD, CRS, Crown Dependencies, Overseas, BVI Finance, British Virgin Islands, UK Government, United Nations, UN Locations: British Virgin Islands, Cayman Islands, Bermuda, British, Singapore , Hong Kong, Netherlands, United Kingdom, Jersey, Overseas Territories, British Virgin, U.S, Australia, Canada, Israel, Japan, New Zealand, South Korea

☆ Netflix earnings need to justify runup in stock. What analysts see for subscribers, ad tier
▼ + stars: | 2024-10-17 | by ( Samantha Subin | ) www.cnbc.com time to read: +5 min

Analysts surveyed by LSEG expect Netflix earnings to come in at $5.12 per share, while revenue should hit $9.769 billion. In the second quarter, Netflix earned $4.88 per share on $9.56 billion in revenue. Along with solid numbers for the quarter just ended, other analysts believe Netflix also has to raise prices to appease shareholders. Citigroup's Jason Bazinet says price hikes are warranted at Netflix due to strong engagement trends and competitors' own price increases. A ramping ad-tier Finally, Wall Street is keeping close watch on the advertising tier business Netflix rolled out in November 2022.

Persons: Evercore, Mark Mahaney, Citigroup's Jason Bazinet, Goldman Sachs, Eric Sheridan, Deutsche Bank's Bryan Kraft, Wells, Steven Cahall, Kannan Venkateshwar, NFLX, Alan Gould, Piper, Matt Farrell, Doug Anmuth, Morgan Stanley, Benjamin Swinburne, Alicia Reese Organizations: Netflix, Wall, LSEG, StreetAccount, Deutsche, Barclays, Wednesday's, JPMorgan

☆ Ukraine is adding cages to another NATO tank type as it scrambles to shield its armored vehicles
▼ + stars: | 2024-10-16 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

The steel screens help protect German-made Leopard tanks from inbound Russian munitions. Ukrainian troops fire a Leopard tank during an exercise near the front lines in eastern Ukraine in May. A German-made Leopard tank with protective screens at an undisclosed location. Courtesy of Rinat Ahkmetov's Steel FrontA German-made Leopard tank with protective screens at an undisclosed location. Both Ukraine and Russia have lost scores of armored vehicles, including tanks, to small drone attacks.

Persons: Rinat, — Organizations: NATO, Rinat Akhmetov's, Service, Kyiv, REUTERS, Leopards, Steel, Abrams, Bradley Locations: Ukraine, Ukrainian, Germany, Russia

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