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☆ Taiwan says China is still sending balloons to the island, which it calls an act of 'cognitive warfare'
▼ + stars: | 2024-01-26 | by ( Matthew Loh | ) www.businessinsider.com time to read: +2 min

Read previewChina isn't letting up on its deluge of balloons on Taiwan, sending over another six high-altitude balloons on Sunday, according to the island's defense ministry. But Taiwan said on January 6 that China is using the balloons in a campaign of harassment. Tensions between Taiwan and China are growing as William Lai Ching-te was elected president of the island on January 13. Lai's party, the Democratic Progressive Party, has long campaigned on resisting China and preparing for the threat of war. AdvertisementChina's foreign ministry did not immediately respond to a request for comment from BI.

Persons: —, China hasn't, Axios, it's, William Lai Ching, te Organizations: Service, Business, Taiwanese Defense Ministry, People's Liberation Army, Pentagon, Democratic Progressive Party Locations: China, Taiwan, Pingtung City, Taipei, Washington, Beijing, South Carolina

☆ Denver's Basic Income Project has been so successful it's getting more funding and an extension
▼ + stars: | 2024-01-25 | by ( Kenneth Niemeyer | Noah Sheidlower | ) www.businessinsider.com time to read: +4 min

The Denver Basic Income Project just got an extension and more funding. The Denver Basic Income Project, which now provides monthly payments to 800 of the city's lowest-income households, announced it is extending its runtime for another six months. Many cities around the United States are experimenting with basic income projects to alleviate homelessness and support their most vulnerable residents. AdvertisementBut while basic income plans have largely shown success, not everyone is in favor of them, and many programs have drawn the ire of conservative lawmakers. "I am proud to endorse the Denver Basic Income Project and its vital role in our ongoing efforts to address homelessness and improve the lives of our residents."

Persons: it's, —, Mark Donovan, Donovan, Dia Broncucia, Justin Searls, Tonaeya Moore, Mike Johnston, Johnson Organizations: Service, Income, Colorado Trust, Center for Housing, Homelessness Research, University of Denver, Baltimore Young, Denver Locations: Denver, United States, Baltimore, Texas, Harris County, Houston, Iowa

☆ 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 Hampshire GOP primary: What's at stake for Nikki Haley today
▼ + stars: | 2024-01-23 | 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 EmailNew Hampshire GOP primary: What's at stake for Nikki Haley todayAlex Thompson, Axios national political correspondent, joins 'Squawk Box' to preview today's New Hampshire Republican primary, what a Trump win tonight would mean for the Haley campaign, the state of the 2024 general election, and more.

Persons: Nikki Haley, Alex Thompson, Haley Organizations: New, New Hampshire GOP, New Hampshire Republican, Trump Locations: New Hampshire

☆ Flowers are evolving in ways that could spell further trouble for the planet’s pollinators
▼ + stars: | 2024-01-23 | by ( Ayurella Horn-Muller | ) edition.cnn.com time to read: +7 min

The pansies of the past self-fertilized less and attracted far more pollinators than those of the present, according to the study. The changes could constrain the plants’ ability to adapt to future environmental changes and have implications for “all of floral biodiversity” — potentially diminishing flowering plants’ genetic, species and ecosystem variation. “This may increase the pollinator decline and cause a vicious feedback cycle,” study coauthor Pierre-Olivier Cheptou told CNN. Meanwhile, the “resurrected” flowers’ surfaces were 10% bigger, produced 20% more nectar and were frequented by more bumblebees than their modern counterparts. “(The study) is a really important demonstration of the tight linkages between plant and pollinator communities,” LeBuhn said.

Persons: Samson Acoca, ”, Pierre, Olivier Cheptou, Viola arvensis, Pidolle, ” isn’t, Gretchen LeBuhn, LeBuhn, ” LeBuhn, don’t, “, Ayurella, Muller Organizations: CNN, University of Montpellier, French National Centre for Scientific Research, San Francisco State University, Climate Central Locations: France, Paris, heterozygosity, Axios, ”

☆ Unconditional aid to Israel is no longer the bipartisan certainty it once was as US senators begin to question Israel's campaign in Gaza and the West Bank
▼ + stars: | 2024-01-20 | by ( Peter Gelling | ) www.businessinsider.com time to read: +4 min

The United States has provided Israel with military and economic aid since its founding 75 years ago. But it seems even the United States might have a breaking point. An amendment from Sen. Tim Kaine of Virginia, meanwhile, would prevent Biden from transferring weapons to Israel without congressional support. AdvertisementNet favorability for Israel only dropped 2.2 percentage points in the United States, but US support for Israel is taking a toll on global perceptions of the United States. In Egypt, for instance, the United States "went from having a positive favorability of 41.1 to a negative favorability of -14.9 from September to December," Time wrote.

Persons: —, euphemistically, Joe Biden, Benjamin Netanyahu, Netanyahu, Biden, Sen, Chris Van Hollen, Axios, Israel, Tim Kaine, Bernie Sanders of, flack, Sanders Organizations: Service, Business, United, State Department, Israel Defense Forces, CNN, Israel, Democratic Party Locations: Israel, United States, Gaza, Maryland, Virginia, Bernie Sanders of Vermont, Washington, Egypt

☆ Elise Stefanik, the No. 4 House Republican who has been floated as a potential Trump running mate, said Nikki Haley would be a 'nonstarter' as a VP candidate
▼ + stars: | 2024-01-20 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

Read previewRep. Elise Stefanik on Saturday dismissed Nikki Haley as a potential running mate for former President Donald Trump, arguing that the former UN ambassador would be a "nonstarter" as his No. Nikki Haley has been disloyal to President Trump," Stefanik said on Saturday during a stop at Trump's Manchester campaign headquarters. On the issues related to election integrity, Nikki Haley was stealing Democrat[ic] talking points." Got the first question in during Stefanik gaggle and asked her about Trumps attacks on Nikki Haley’s name. NewsNation on Saturday asked Stefanik about her thoughts on Trump using Nikki Haley's given first name, Nimarata, in recent days.

Persons: —, Elise Stefanik, Nikki Haley, Donald Trump, Haley, President Trump, Stefanik, Stefanik gaggle, Nikki Haley’s, Trump, vK47NKKsvE — Kellie Meyer, NewsNation, Nikki Haley's, Ohio Sen, JD Vance, UPenn's Elizabeth Magill, Harvard's Claudine Gay —, Steve Bannon Organizations: Service, UN, The New York Times, Business, Trump, Tuesday's New, Tuesday's New Hampshire GOP, House Republican Conference, South, Republican, New, GOP, The Times, Ohio, Ivy League, Trump White House Locations: Tuesday's, Tuesday's New Hampshire, South Carolina, New York, Trump's Manchester, Stefanik, New Hampshire, Londonderry, Trumpworld, —

☆ 3 mistakes to avoid in a divorce, from a money expert who ended a marriage in her 20s
▼ + stars: | 2024-01-18 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +4 min

At the time, Krawcheck says she was "pretty much on her own" to learn how to manage her money as a newly single woman. Her divorce attorney didn't have financial expertise to help her, but the financial advisors she talked to didn't have the divorce expertise she needed. Though it happened several decades ago, some of the challenges she faced going through her divorce as a woman continue to exist today. Here are three mistakes Krawcheck recommends avoiding if you could be facing a divorce in the future. Otherwise, you may arrive at separation proceedings unaware that there are assets you're entitled to or assets of your own that your soon-to-be ex is eyeing.

Persons: Sallie Krawcheck, Krawcheck, didn't, hasn't Organizations: CNBC, Harris, UBS Locations: U.S

☆ These 11 senators supported Bernie Sanders's resolution to force a State Department report on Israeli human rights violations in Gaza
▼ + stars: | 2024-01-17 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +5 min

Read previewJust 11 senators on Tuesday evening supported advancing a resolution from Sen. Bernie Sanders that would have significantly escalated congressional oversight of US military aid to Israel. AdvertisementUnder a relatively obscure provision within US law, the resolution would have forced the State Department to provide Congress with a report on human rights violations by Israel. "We will be voting on a very simple question: do you support asking the State Department whether human rights violations may have occurred using US equipment or assistance in this war?" However, it would be highly unusual for the State Department to fail to respond to an oversight request from Congress. "This should be the beginning of a broader human rights oversight process," said Chappell.

Persons: —, Sen, Bernie Sanders, Sanders, — Sen, Rand Paul of Kentucky, Mitch McConnell, Israel, Gaza —, Chris Coons, Coons, John, Chappell, Tim Kaine, Chris Van Hollen, It's Organizations: Service, Business, Gaza Health Ministry, State Department, Israel, Senate Foreign Relations, Foreign Assistance, Department, Center for Civilians Locations: Israel, Gaza, Chris Coons of Delaware, Ukraine, Virginia, Maryland

☆ Israel will allow more aid into Gaza in exchange for medicine deliveries to hostages, Qatar says
▼ + stars: | 2024-01-17 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +3 min

Hostages will receive medicine while more aid will be allowed into the besieged Gaza strip, Qatar says. AdvertisementIsrael will allow more humanitarian aid into Gaza in exchange for medicine to be delivered to over 40 of the hostages, Qatar and France announced Tuesday. The medications will be transported from Qatar to Egypt on Wednesday to prepare for transport into the Gaza Strip, per Qatar's MFA. The families of said hostages have repeatedly demanded that medical aid be provided to their loved ones. Human rights groups and UN experts say that Israel is withholding food and medical aid during the conflict.

Persons: —, Axios Organizations: Service, France, Qatari Ministry of Foreign Affairs, CNN, IDF, Reuters, UN, Resources Locations: Qatar, France, Israel, Gaza, Egypt

☆ Men are turning to OnlyFans for emotional connection amid a loneliness epidemic
▼ + stars: | 2024-01-17 | by ( Marta Biino | Madeline Berg | ) www.businessinsider.com time to read: +15 min

"They can go to Pornhub and get naked people and sexual videos," Rae Richmond, another content creator, said. And when he chats with Farrah, an OnlyFans creator, things rarely get sexual. Some think the OnlyFans relationships help, while others think they can make people lonelier. LiensueGenuine connection can be an unintended consequence for creators, tooDespite the transactional nature of OnlyFans relationships, a real sense of companionship can develop on both ends. Sweetheart said she hadn't been on any dates since she began creating OnlyFans content over three years ago.

Persons: Cherie DeVille, Simon, DeVille, he'd, I'd, who's, they'd, Rae Richmond, Walter's, Farrah, Walter, OnlyFans, Robert Weiss, Albert L, Ortega, Amber, Aston Martin, Keily Blair, sexting, she'd, Amber Sweetheart OnlyFans, Jade Nicole, Jade, she's, Jade Nicole Jade Nicole Mark, Liensue, Sue, Elaina St James, Tom, St James, haven't, Weiss, Ronald Levant —, Katherine Frank, Levant, Marie Lippmann, you've, I've, hadn't, She's, Candice Organizations: Google, Business, NFL, Gallup, Pew, Getty, University of Akron, Strip Club, California State University, Chico Locations: Italy, OnlyFans, New York

☆ Uber is shutting down alcohol delivery app Drizly
▼ + stars: | 2024-01-15 | by ( Samantha Delouya | ) edition.cnn.com time to read: +1 min

CNN —Uber is shutting down its alcohol delivery app, Drizly, just three years after acquiring it for $1.1 billion. The alcohol delivery service operated as a standalone app, and its marketplace was to be integrated into Uber’s delivery app, Uber Eats. In an effort to ramp up its competitive edge in the delivery business, Uber also purchased another delivery company, Postmates, for $2.65 billion a few months before it acquired Drizly. Uber’s ridesharing business has bounced back in recent quarters, though. In November, Uber reported gross bookings for the third quarter that beat the company’s own expectations.

Persons: CNN — Uber, Uber, Pierre Dimitri Gore, Uber’s, “ We’re, ” Gore, Coty, Axios, Drizly Organizations: CNN, Coty Locations: North America

☆ John Kerry steps down from Biden administration
▼ + stars: | 2024-01-14 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +3 min

John Kerry stepped down as special envoy on climate on Saturday. Biden brought on Kerry in 2020 to serve in the National Security Council's first climate position. AdvertisementJohn Kerry , the US special envoy on climate, is stepping down from the Biden administration in the coming weeks, according to two people familiar with his plans. The New York Times, citing a person familiar with the matter, reported that Kerry handed his resignation to President Joe Biden on Wednesday. During his tenure with the Biden administration, Kerry was often seen working with China on climate goals and encouraged the US to work with China to curb greenhouse gas emissions.

Persons: John Kerry, Biden, Kerry, —, Joe Biden, Axios, Obama, Han Zheng, John Kerry's, Al Gore Organizations: Kerry, National Security, Service, The New York Times, The State Department, Times . Staff, Times, National Security Council, Paris Climate Accords, Senate Foreign Relations, Massachusetts, Senate, Democratic, State Department, White, Business Locations: China, Kerry, Paris, Beijing

☆ John Kerry, the US climate envoy, to leave the Biden administration
▼ + stars: | 2024-01-14 | by ( ) www.cnbc.com time to read: +3 min

WASHINGTON (AP) — John Kerry, the U.S. special envoy on climate, is stepping down from the Biden administration in the coming weeks, according to two people familiar with his plans. Kerry, a longtime senator and secretary of state, was tapped shortly after Joe Biden's November 2020 election to take on the new role created specifically to fight climate change on behalf of the administration on the global stage. "John Kerry's tireless work to deliver global progress on the climate crisis has been heroic," former Vice President Al Gore, who has focused primarily on climate in his post-public office life, said in a statement Saturday. While his gravitas has made him a central climate figure around the world, Kerry also has strong critics who argue America's climate policies don't amount to leadership in fighting global warming. The Inflation Reduction Act, the largest climate law in U.S. history, is pumping billions of dollars into renewable energies.

Persons: — John Kerry, Biden, Joe Biden's, Axios, Kerry, Obama, Han Zheng, John Kerry's, Al Gore Organizations: WASHINGTON, U.S, Senate Foreign Relations, Massachusetts, Senate, Democratic Locations: Kerry, Paris, Beijing, Pacific, United States, COP27, Egypt, U.S

WASHINGTON (AP) — John Kerry, the U.S. special envoy on climate, is stepping down from the Biden administration in the coming weeks, according to two people familiar with his plans. Kerry, a longtime senator and secretary of state, was tapped shortly after Joe Biden's November 2020 election to take on the new role created specifically to fight climate change on behalf of the administration on the global stage. Kerry was one of the leading drafters of the 2015 Paris climate accords and came into the role with significant experience abroad, as secretary of state during the Obama administration and from nearly three decades as a member of the Senate Foreign Relations Committee. Biden’s decision to tap Kerry for the post was seen as one way the incoming president was making good on his campaign pledge to battle climate change in a more forceful and visible manner than in previous administrations. Political Cartoons View All 253 ImagesKerry represented Massachusetts for 28 years in the Senate and was also the Democratic presidential nominee in 2004.

Persons: — John Kerry, Biden, Joe Biden's, Axios, Kerry, Obama, ” Kerry, Han Zheng Organizations: WASHINGTON, U.S, Senate Foreign Relations, Kerry, Massachusetts, Senate, Democratic Locations: Kerry, Paris, Beijing

☆ John Kerry to step down as US climate envoy
▼ + stars: | 2024-01-13 | by ( Ella Nilsen | ) edition.cnn.com time to read: +2 min

CNN —US climate envoy John Kerry plans to step down from his post by this spring, a source close to Kerry confirmed to CNN. Kerry is leaving the position after three years at the helm of US climate diplomacy under the Biden administration. Kerry specifically prioritized restarting international climate talks between the US and China, and was key in negotiating the November Sunnylands agreement, a wide-ranging climate agreement between the two countries before COP28. And in 2019, Kerry co-founded a bipartisan initiative of world leaders and celebrities to combat the climate crisis called World War Zero. In 2009, when Biden became vice president, Kerry took over his role as chairman of the Senate Foreign Relations Committee.

Persons: John Kerry, Kerry, Biden, Axios, Joe Biden, Michael Dukakis, George W, Bush, Barack Obama Organizations: CNN, Economic, Munich, Conference, Democratic, Biden, White, Senate, Gov, Senate Foreign Relations, Navy, Silver Star, Star Locations: Dubai, Kerry, China, Paris, Massachusetts, Vietnam

☆ There's a hidden crisis hurting mid-sized companies
▼ + stars: | 2024-01-10 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +5 min

Many large public companies successfully navigated the pandemic and ended up larger and wealthier. Marblegate Asset Management then compared these findings to public companies in the Russell 3000 index — the broadest measure of American public companies. The firm's analysis found that EBITDA fell over 24% for middle-market companies between 2019 and 2022, whereas EBITDA grew 18% at large public companies. EBITDA margins fell 25% during the time period for middle-market companies, while it only declined 2% for public companies. Whereas large public companies can charge more for increases in raw material and labor costs, middle-market companies on the whole struggled to pass on these costs to customers.

Persons: —, RapidRatings, amortization, EBITDA, Axios Organizations: Service, Business, Marblegate Asset Management, Marblegate, Management

☆ Seats for college football's national championship between Michigan and Washington are grabbing nearly $3,000 each
▼ + stars: | 2024-01-08 | by ( Jordan Hart | ) www.businessinsider.com time to read: +1 min

The CFP National Championship tickets are fetching an average of nearly $3,000 each, data shows. The Michigan vs. Washington game has the costliest ticket average since 2017. Tickets on SeatGeek cost over $44,000 in one section. AdvertisementMany fans attending the Football Playoff National Championship likely paid a pretty penny to see the Huskies and the Wolverines face off. A win by Michigan or Washington will be the first time either team has won a national title since the 1990s.

Persons: —, SeatGeek Organizations: Washington, Service, Football, Huskies, Wolverines, Axios, Business, CFP, Michigan Locations: Michigan, Axios . Michigan, Washington, Alabama, Georgia

☆ Fidelity fund again trims Elon Musk’s X valuation
▼ + stars: | 2024-01-02 | by ( Brian Fung | ) edition.cnn.com time to read: +1 min

The latest disclosure by a Fidelity mutual fund reflects a long-running trend that has steadily reduced X’s estimated value over the past year amid successive crises at the company, many of which have been driven by owner Elon Musk. The filing said its shares in X represent less than .01% of the total value of the fund, which it said is more than $49 billion. Fidelity did slightly increase its estimated value of X multiple times last summer, around when Linda Yaccarino became X’s CEO. Since then, however, Fidelity has continued to cut the estimated value of its X shares. With X being privately held, Fidelity’s estimates have emerged as a closely watched indicator of X’s health and a reflection of the attitudes of Musk’s own investors.

Persons: Musk, Elon Musk, Fidelity’s, Linda Yaccarino Organizations: CNN, Investment, Fidelity, Twitter, Growth, Axios

Warner Bros. Discovery and rival Paramount Global are in early merger talks, sources familiar with the matter told CNBC. Warner Bros. Warner Bros. Warner Bros.

Persons: David Zaslav, Bob Bakish, Shari Redstone, David Ellison's Skydance, Gerry Cardinale's, Liberty Media's John Malone, Joe Biden's, There's, Axios, — CNBC's Drew Richardson Organizations: Warner Bros . Discovery, Paramount Global, CNBC, Warner Bros, Discovery, Paramount, Redstone, Amusements, CBS, Warner Media, Netflix, Liberty, Media, Morris Trust, Comcast, CNBC PRO

☆ Tech firms, Wall Street lead job cuts in Corporate America
▼ + stars: | 2023-12-04 | by ( ) www.reuters.com time to read: +9 min

TECHNOLOGY, MEDIA AND TELECOM SECTORMeta Platforms (META.O):The Facebook-parent said it would cut 10,000 jobs, just four months after it let go 11,000 employees. read moreMicrosoft Corp (MSFT.O):The U.S. tech giant said it would cut 10,000 jobs by the end of the third quarter of fiscal 2023. The company laid off under 1,000 employees across several divisions in October, Axios reported, citing a source. Workday (WDAY.O):The software company will cut roughly 500 jobs, or 3% of its workforce, citing a challenging macroeconomic environment. Morgan Stanley (MS.N):The Wall Street powerhouse was planning to cut about 3,000 jobs in the second quarter ended June 30, Reuters reported in May.

Persons: Brendan McDermid, Goldman Sachs, Axios, Pat Gelsinger, Elon Musk, Morgan Stanley, Lazard, Coinbase, cryptocurrencies, Phillips, Johnson, Joseph Wolk, Deborah Sophia, Akash Sriram, Granth Vanaik, Eva Mathews, Yuvraj Malik, Sourasis Bose, Priyamvada, Tiyashi Datta, Manya Saini, Jaspreet Singh, Maju Samuel, Sriraj Kalluvila, Pooja Desai Organizations: REUTERS, TELECOM, Meta, Facebook, IBM Corp, Spotify Technology SA, Spotify, Microsoft Corp, Intel Corp, Reuters, New York Times, Elon, Cisco Systems, HP, Rivian, Match, Dell Technologies, Technologies, U.S . Central Intelligence Agency, Goldman Sachs, Wall, Citigroup, Bloomberg News, BlackRock, Bed, Dow, Johnson, 3M, Thomson Locations: New, Wall, U.S, York, New Jersey, Bengaluru

☆ 'The gloves are off' in Nelson Peltz's proxy fight with Disney, says Axios' Michael Flaherty
▼ + stars: | 2023-12-01 | 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 Email'The gloves are off' in Nelson Peltz's proxy fight with Disney, says Axios' Michael FlahertyAxios editor Michael Flaherty joins 'Squawk Box' to discuss the state of shareholder activism, after activist investor Nelson Peltz was reportedly vying for more than two seats on Disney's board, and more.

Persons: Nelson, Axios, Michael Flaherty Axios, Michael Flaherty, Nelson Peltz Organizations: Disney Locations: Nelson Peltz's

☆ Car dealers are worried about an EV reckoning. I asked our transportation reporter what's going on.
▼ + stars: | 2023-11-30 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +6 min

Car dealers sent a letter urging Biden to "tap the brakes" on an electric vehicle mandate. Two-thirds of new cars must be EVs by 2032 — but dealers say EV sales are slumping, and hurting them. Local car dealers have a lot of political influence; Biden could look to expand tax incentives. AdvertisementCar dealers aren't happy with President Joe Biden's mandate to have two-thirds of all new cars be electric vehicles by 2032. I was surprised to hear about this letter from car dealers, because I thought that electric vehicles were in hot demand.

Persons: Biden, —, Joe Biden's, Axios, Nora Naughton, Biden —, Tesla, There's, Bolt, That's Organizations: Local, Service, EV, Business, Government, National Automotive Dealers Association, Car, Tesla, Ford Locations: Detroit, Washington ,

☆ Elon Musk faces sales staff exodus after chaotic month and daring advertisers to pull their spending
▼ + stars: | 2023-11-30 | by ( Grace Kay | ) www.businessinsider.com time to read: +3 min

Many junior and senior level sales staff exited X over the past month, according to a new report. On Wednesday, Elon Musk told advertisers to "Go fuck yourself." AdvertisementThere's been a sales staff exodus at Elon Musk's social media company X over the past month, according to a recent report. Sales staff began exiting the company shortly after X handed out bonus checks this month, according to the report. "Go fuck yourself," Musk told advertisers, including Disney, IBM, and Apple, who have fled the platform.

Persons: Elon Musk, —, There's, Claire Atkinson, Atkinson, Musk, Andrew Sorkin, Bob Iger, Iger, Linda Yaccarino, Axios, Yaccarino, NBCUniversal — Organizations: Disney, Apple, Service, Elon, Twitter, IBM, Musk

☆ Ousted former Speaker Kevin McCarthy says fellow GOP Rep. Matt Gaetz 'belongs in jail'
▼ + stars: | 2023-11-30 | by ( Madison Hall | ) www.businessinsider.com time to read: +2 min

Nearly two months ago, Matt Gaetz kicked off the process to oust McCarthy as speaker of the House. McCarthy said he now thinks Matt Gaetz "belongs in jail." AdvertisementIt's been nearly two months since former Speaker of the House Kevin McCarthy was ousted from his leadership role after fellow Republican Rep. Matt Gaetz forced a House vote on the matter, and there's clearly still bad blood between the two legislators. In an interview with Politico, McCarthy said he thinks Gaetz is more fit for a penitentiary than an office at the Capitol. AdvertisementWhile it's unclear exactly what specific allegations McCarthy was alluding to, Gaetz has a history of run-ins with police and investigators.

Persons: Matt Gaetz, McCarthy, —, It's, Kevin McCarthy, Gaetz, there's, Joel Greenberg, Axios Organizations: Service, Republican, Politico, Capitol, Sunshine State, House, GOP Locations: Florida, Washington ,

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