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☆ China detains artist for scathing Mao works created more than a decade ago, family says
▼ + stars: | 2024-09-03 | by ( Nectar Gan | ) edition.cnn.com time to read: +10 min

At the height of their careers, the Gao Brothers created provocative sculptures of Mao in a country notoriously sensitive about its former ruler’s legacy. Due to the “deteriorating environment” in China, Gao Zhen relocated to New York two years ago when his son, an American citizen born in the US, reached school age, Gao Qiang said. “Before he set off, his friends and family — myself included — had all reminded him to consider whether it was safe to go,” Gao Qiang said. “Our father’s death was a devastating disaster for our family.” Gao Zhen told the Southern People Weekly, a once-outspoken news outlet, in 2010. Gao Zhen’s detention shows that freedom of expression in China has shrunk significantly compared to a decade ago, Gao Qiang said.

Persons: Mao Zedong, Gao Zhen, China’s, ”, Gao Qiang, Gao Brothers, Mao, Xi Jinping, “ Miss Mao, ’, Du Yinghong, —, “, ” Gao Qiang, Gao Zhen’s, ‘ Miss Mao, Gao, David Gray, Yue Minjun, “ uglifying, Donald Trump, Vladimir Putin Organizations: Hong Kong CNN, CNN Sunday, Chinese Communist Party, CNN, ”, Police, Reuters, Communist Party, Southern People, Ukraine, Centre Pompidou, San Francisco Museum of Modern Art Locations: Hong Kong, China, Beijing, New York, Hebei province’s Sanhe, American, Yanjiao, Hebei, Sanhe, India, “, Paris , New York, Moscow, Berlin, Paris

☆ CrowdStrike beats quarterly consensus but lowers full-year guidance
▼ + stars: | 2024-08-28 | by ( Jordan Novet | ) www.cnbc.com time to read: +4 min

Annual recurring revenue was $3.86 billion, just above the StreetAccount consensus of $3.85 billion. With respect to guidance, CrowdStrike called for adjusted net earnings of 80 cents to 81 cents per share on $979.2 million to $984.7 million in revenue. For the 2025 fiscal year, CrowdStrike now sees $3.61 to $3.65 in adjusted earnings per share and $3.89 billion to $3.90 billion in revenue. That is down from management's June forecast for adjusted earnings per share of $3.93 to $4.03 and revenue between $3.98 billion to $4.01 billion. The adjusted guidance excludes costs tied to the outage.

Persons: George Kurtz, Burt Podbere, Gray Powell, Trevor Rambo, BTIG, CrowdStrike, Podbere, Kurtz Organizations: Delta Air Lines, Travelers, CrowdStrike Locations: management's

☆ Brands are so scared of culture wars and controversy that it's ripping apart the media business
▼ + stars: | 2024-08-27 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +12 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Related storiesBut it wasn't until Trump's 2016 election that brand safety really entered the mainstream marketing vernacular — and the culture wars. In 2023, more than 21,400 jobs were cut in the US media industry, according to the employment agency Challenger, Gray & Christmas. But some industry experts think it's too late to put the "content adjacency" genie back in the bottle. AdvertisementThe result, Tobaccowala fears, is a further winnowing of the media industry where only the biggest platforms and individual content creators survive.

Persons: —, Elon Musk's, Donald Trump, Alex Marlow, Breitbart, Mark Penn, Tobaccowala, Tucker Carlson, Ingraham, Jessica Sibley, Taylor, Taylor Swift, Vittorio Zunino Celotto, Penn, it's, Richard Raddon, Ben Shapiro, Shapiro, Gregory Woodman, John Deere, Davidson, Kid, Bud, Bud Light, influencer Dylan Mulvaney, Gene J, Rob Kim Organizations: Service, Global Alliance, Responsible Media, Business, Breitbart News, News Corp, Groupe, Association for National, Companies, Giants, YouTube, Fox, Fox News, Facebook, Poets Department, Challenger, Getty, Penn, Publishers, The Daily, State of, US Department of State, Supply, Harley, Associated Press Locations: Ukraine, State of Texas, America

☆ Insider Today: The Hamptons of Florida
▼ + stars: | 2024-08-24 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com time to read: +7 min

This week's dispatchView of Inlet Beach, Florida, one of the communities that makes up "30A" Courtesy of the Blankenship GroupMeet the "Hamptons of the South"A 26-mile stretch of Florida highway has been a well-kept secret for years. Sitting between popular spring break locales Destin and Panama City Beach, the 30A beaches comprise a few towns: Rosemary, Santa Rosa Beach, and Seaside. Despite the influx of interest and visitors, Kemp Stewart, a luxury rental owner who's seen 30A blow up in popularity, said that the beach towns' appeal has remained the same. No more night sweats : We found the three best cooling pajama sets for women to help hot sleepers chill out. AdvertisementMore of this week's top reads:The Insider Today team: Jordan Parker Erb, editor, in New York.

Persons: —, Suzanne Hayes, it's, Dan Latu, Kemp Stewart, who's, It's, Kemp, Ben Affleck, Jennifer Lopez, Monica Schipper, Affleck, Jenny Chang, Rodriguez, Monica Humphries, Natalie Ammari, Zers, they're, Warner, Kevin Costner's, Max, Air McNair, docuseries, Steve McNair, Rebecca Zisser, Skip, we've, Jordan Parker Erb, Dan DeFrancesco, Lisa Ryan, Amanda Yen Organizations: Service, Business, Panama City Beach, BI, Warner Bros, Apple, Labor Locations: Florida, Beach , Florida, Gulf, Mexico, Panama, Santa Rosa Beach, Seaside, Redfin, New York, New York City

☆ Do you need a glucose monitor? Wellness enthusiasts are using diabetes arm patches to take control of their blood sugar
▼ + stars: | 2024-08-24 | by ( ) www.businessinsider.com time to read: +11 min

Jacobs started monitoring changes to her blood sugar with the help of a device called a continuous glucose monitor — an increasingly trendy wearable. Continuous glucose monitors, or CGMs for short, were FDA-approved in 1999 for people with diabetes to keep constant tabs on their blood sugar levels. Your blood sugar level measures how much glucose is in your blood, which comes from breaking down carbohydrates you eat for energy. After reading about how age-related hormone changes can affect blood sugar, she started tracking hers, and noticed a pattern. Research doesn't support the fear that rising blood sugar after a meal is cause for concern in otherwise healthy people.

Persons: —, Tracey Jacobs, Jacobs, Dr, Casey Means, CGMs, Gayle Pagano, Pagano, they're, she's, Means, Dane Cronin, Groove, David Klonoff, Jonathan Little, Klonoff, wearables, Little Organizations: Service, Business, FDA, Companies, CGMs, University of British Columbia, Research Locations: Florida, Nutrisense, prediabetes, San Mateo , CA

☆ Here are 3 ways analysts say China could blockade Taiwan
▼ + stars: | 2024-08-23 | by ( Chris Panella | ) www.businessinsider.com time to read: +7 min

Annabelle Chih/Getty ImagesA quarantine or, taking things a step further, blockade of Taiwan has long been discussed by Chinese military planners and various officials and experts as an option for China to achieve unification with Taiwan. The first, an all-out kinetic blockade, is the harshest option and is very closely aligned with Chinese military doctrine. AdvertisementIn this situation, China would potentially be relying primarily on the force presence provided by its navy and air force. A screen grab captured from a video shows the Taiwan army conduct military exercise following China's large-scale joint military drill around Taiwan. TAIWAN Military News Agency, Ministry of National Defense, R. O. C. / HANDOUTIt's unclear if Taiwan's military could stand against major Chinese military operations, especially if the US and its allies don't come to its aid.

Persons: —, Annabelle Chih, Lai Ching, Lai's, Feng Hao, GAO Organizations: Service, Center for Strategic, International, Business, CSIS, US Department of Defense, Taiwan, Theater Command, PLA, China Military, Anadolu, Getty, TAIWAN Military News Agency, Ministry of National Defense, Washington, People's Liberation Army Locations: Taiwan, China, Kaohsiung, Beijing, Taiwan Strait

☆ Solingen: German stabbing attack leaves three dead
▼ + stars: | 2024-08-23 | by ( Benjamin Brown | Melissa Gray | ) edition.cnn.com time to read: +1 min

CNN —A manhunt is underway after three people were killed and four severely injured during a stabbing attack in the western German city of Solingen, police told CNN. The attacker is on the run and police are treating the incident as a terror attack, said a German police spokesperson. “This evening, all of us in Solingen are experiencing shock, horror, and great sadness,” The city’s mayor, Tim Kurzbach, wrote on Solingen’s Facebook page. According to the festival’s website, Friday was the start of the three-day “Festival of Diversity,” which would include music, food, performances, and family-friendly entertainment. Bergisch Symphony Orchestra, the shared orchestra for the cities of Solingen and Remscheid, was scheduled to play on the main stage on Friday.

Persons: Tim Kurzbach, Gianni Gattus, “, ” Organizations: CNN, Police, Facebook, ” Police, Diversity, Bergisch Symphony Orchestra Locations: German, Solingen, Remscheid

☆ North Carolina inmate guilty of 1-year-old's murder escapes during medical appointment
▼ + stars: | 2024-08-13 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dennis-Romero-Circle-Byline-Template.Jpg | Dennis Romero | ) www.nbcnews.com time to read: +2 min

Officials in North Carolina are searching for an inmate convicted of killing a 1-year-old girl after he escaped while being taken to a medical facility Tuesday in Hillsborough, North Carolina. Alston was convicted of first-degree murder in 2018 and sentenced to life behind bars, according to the North Carolina Department of Adult Correction. The department said in a statement that Alston arrived about 7 a.m. Tuesday in a prison transport van to the University of North Carolina Medical Center's gastroenterology unit, where he had a medical appointment. Keith Acree, communications director for the Department of Adult Correction, told NBC affiliate WRAL of Raleigh that Alston was wearing a waist chain and handcuffs when he fled. Authorities established a perimeter covering at least a one-mile radius around the location of the escape, the Department of Adult Correction said.

Persons: Ramone Alston, Maleah Williams, Alston, Keith Acree, Acree, WRAL Organizations: North Carolina Department of Adult, Bertie Correctional, University of North Carolina Medical Center's gastroenterology, Department, Adult, NBC, Sheriff's Office, Authorities Locations: North Carolina, Hillsborough , North Carolina, Chapel Hill, Windsor, Raleigh, The Orange, Hillsborough

SKIP AHEAD Best at-home teeth whitening products | How I picked the best teeth whiteners | Which teeth whitening product is right for you? The best at-home teeth whitening productsWith expert guidance in mind, I rounded up a handful of at-home teeth whitening products across types and price points. Best teeth whitening strips and traysIf you have sensitive teeth, I recommend Lumineux’s whitening strips since they don’t contain peroxides or bleaches that can be painful for those with sensitive teeth, according to the brand. Whitening toothpaste: Whitening toothpaste primarily relies on abrasives to help remove surface stains on teeth, according to the ADA. Teeth whitening trays: Teeth whitening trays are similar to whitening strips — they adhere to teeth and whiten using active ingredients while you wear them.

Persons: Ilona Casellini, Matt Messina, you’ve, ”, Messina, TikTok Organizations: Colgate, Burt's Bees, NBC, ADA, Apple, The Ohio State University College of Dentistry, Arlington Dentistry, Facebook, Twitter Locations: Los Angeles , California, Ohio, Arlington, Messina, “

☆ Older Americans prepare themselves for a world altered by artificial intelligence
▼ + stars: | 2024-08-13 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +6 min

Artificial intelligence offers significant benefits for seniors, from the ability to curb loneliness to making it easier for them to get to medical appointments. I’m too old to worry about that.”Classes like these aim to familiarize aging early adopters with the myriad ways the technology could better their lives but also encourage skepticism about how artificial intelligence can distort the truth. What are the geopolitical implications of artificial intelligence? Seniors who have taken such AI classes said they came away with a clear understanding of AI’s benefits and pitfalls. You really have to question it,” said Linda Chipko, a 70-year-old who attended an AI class in June in suburban Atlanta.

Persons: ”, “, Barbara Winston, Winston, “ I’m, Michael Gershbein, Gershbein, Dianne Stone, Siwei Lyu, Lyu, Linda Chipko, Chipko, “ It’s, Ruth Schneiderman, ” Schneiderman Organizations: North Shore Senior Center, AARP, AI, National Council, Aging, University, Buffalo, Seniors Locations: NORTHFIELD, Ill, Chicago, Northfield, “, Charleston , South Carolina, Connecticut, Atlanta

☆ Blackstone President Jon Gray on the economy, Fed's rate path outlook and data centers
▼ + stars: | 2024-08-13 | 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 EmailBlackstone President Jon Gray on the economy, Fed's rate path outlook and data centersBlackstone President and COO Jon Gray joins 'Squawk on the Street' to discuss the state of the economy, the Fed's rate path outlook, M&A outlook, data centers, state of commercial real estate, impact of the 2024 election, and more.

Persons: Jon Gray Organizations: Blackstone President

☆ Anti-inflammatory diet cuts dementia risk by nearly one-third, study says
▼ + stars: | 2024-08-13 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +5 min

CNN —Eating an anti-inflammatory diet of whole grains, fruits and vegetables instead of an inflammatory diet focused on red and processed meats and ultraprocessed foods, such as sugary cereals, sodas, fries and ice cream, lowered the risk of dementia by 31%, a new study found. “Following an anti-inflammatory diet was related to lower risk of dementia, even among people with cardiometabolic diseases who are already at elevated risk of dementia,” said Dove, a doctoral student at the Aging Research Center at Karolinska Institutet in Solna, Sweden, in an email. Brain scans of those who followed an anti-inflammatory diet also showed significantly lower levels of brain biomarkers of neurodegeneration and vascular injury, Dove said. carlosgaw/E+/Getty Images/FileWhat is an anti-inflammatory diet? Just a 10% increase in such foods was significantly associated with a 14% higher risk of death from all causes, according to a February 2019 study.

Persons: Abigail Dove, ”, Dove, David Katz, Katz, ” Katz, “ Organizations: CNN, JAMA, Aging Research, Karolinska, True Health Initiative, Mayo Clinic Locations: Solna, Sweden, England, Scotland, Wales

Parts of Canada’s Boreal Forest Are Burning Faster Than They Can Regrow The delicate balance of one the planet’s largest natural systems for storing carbon depends on the humble black spruce tree. The boreal forests are the largest forests in the world, and in Western Canada they evolved to burn once every century or so. What was troubling, Dr. Baltzer noted, is that fire isn’t supposed to make life harder for the black spruce tree. Any imbalance in this tug of war between life and death can threaten the boreal forests’ ability to store heat-trapping carbon. Given how huge the boreal forests are, her research could help shed light on which parts of the ecosystem were most important to protect.

Persons: Jennifer Baltzer, Baltzer, Wilfrid, Veronica Penney, ”, Marc, André, I’d, doesn’t, Jeff Mcintosh, Austin McIntosh, Kyle Fennig, Maya Provenzano, geopyxis carbonaria, “, Fred Sangris, Sangris, “ We’ve, Sangris’s, Philippe Ciais Organizations: Wilfrid Laurier University, Territories, Territories Yellowknife Research, columbia Alberta Area, Area, British Columbia Alberta Area, Natural Resources, Ocean, Ocean Yellowknife Research, Hudson Bay Edmonton, Calgary Saskatoon Winnipeg Montreal Ottawa Toronto Black, Vancouver Saskatoon Winnipeg Montreal Toronto Black, Calgary Saskatoon Winnipeg Montreal Ottawa Black, Information, Canadian Forest Service, Canadian Press, Associated Press, Wilfred Laurier University, Dene First Nations, Northwest, First Nations, Enterprise, United, Environmental Sciences Locations: Canada, Northwest Territories, Western Canada, Territories Yellowknife, columbia, British, North America, Netherlands, Natural Resources Canada, Behchoko, Ocean Yellowknife, Hudson Bay, Toronto, Enterprise, Northwestern Territories, Paris, Kakisa, Asia, Europe, Ndilo, Yellowknife, Dettah, United Nations

☆ Philippines condemns China’s ‘illegal and reckless’ actions for dropping flares in the skies above South China Sea
▼ + stars: | 2024-08-11 | by ( Story Reuters | ) edition.cnn.com time to read: +2 min

The Philippine military condemned “dangerous and provocative actions” when two Chinese aircraft dropped flares in the path of a Philippine aircraft during a routine patrol around the shoal on Thursday. The Chinese military’s Southern Theater Command countered that the Philippines had disrupted its training, accusing Manila of “illegally intruding” into its airspace. On Sunday, Marcos urged China to act responsibly both in the seas and in the skies. Beijing claims almost all of the South China Sea, a conduit for more than $3 trillion of annual shipborne commerce, including parts claimed by the Philippines, Vietnam, Indonesia, Malaysia and Brunei. China rejects a 2016 ruling by the Permanent Court of Arbitration in The Hague that Beijing’s expansive claims had no basis under international law.

Persons: Ferdinand Marcos Jr, Marcos, ” Marcos, Chester Cabalza, ”, Cabalza Organizations: Sunday, South China, Southern Theater Command, Presidential Communications Office, International Development, Security Cooperation Locations: South, Manila, Beijing, Scarborough, Philippines, Philippine, “, China, South China, Vietnam, Indonesia, Malaysia, Brunei, The Hague

☆ Steve Martin declines offer to play Tim Walz on 'Saturday Night Live': 'I’m not an impressionist'
▼ + stars: | 2024-08-08 | by ( Minyvonne Burke | Minyvonne Burke Is A Senior Breaking News Reporter For Nbc News. | ) www.nbcnews.com time to read: +1 min

You won't see Steve Martin impersonate Democratic vice presidential nominee Tim Walz when "Saturday Night Live" returns in the fall. "They definitely should get Steve Martin [to] play Tim Walz." "I would like to officially launch my campaign for Steve Martin to play @GovTimWalz on SNL. "I imagine a Tim Walz Father of the Bride Sketch with costar [Martin' Short. They’re gonna find somebody really, really good."

Persons: Steve Martin, Tim Walz, Lorne Michaels, Martin, Lorne, I’m, Kamala Harris, @GovTimWalz, Steve, They’re, Rudolph, Harris Organizations: Democratic, Los Angeles Times, SNL, Times, NBC Locations: Minnesota

☆ After a burst ice dam unleashed a flood, residents in Alaska's capital clean up swamped homes
▼ + stars: | 2024-08-08 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +3 min

The flooding happens because a smaller glacier near Mendenhall Glacier had retreated — a casualty of the warming climate — and left a basin that fills with rainwater and snowmelt each spring and summer. When the water creates enough pressure, it forces its way under or around the ice dam created by the Mendenhall Glacier and enters Mendenhall Lake and eventually the Mendenhall River, as it did this week. On Wednesday, piles of garbage bags and other items — wood, boxes, sodden insulation and carpeting — dotted the curbs. The city said the water reached some homes outside expected flood areas. Her dad woke her up hours later via FaceTime and alerted her to rising water outside.

Persons: Mendenhall, Eran Hood, Sean Maguire, ”, Hood, Marc Lester, Alyssa Fischer Organizations: University of Alaska, Anchorage Daily, AP, nchorage Daily, AP Juneau Locations: Mendenhall, Juneau, U.S, Alaska, FaceTime

☆ Nice guys finish first: 7 secrets to success at Blackstone, according to a campus recruiter, a former intern, and other firm insiders
▼ + stars: | 2024-08-08 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +14 min

This summer, Gray addressed Blackstone's summer interns about how they might advance at the firm, according to a recent LinkedIn post. AdvertisementBut how exactly does one go about being "nice" at Blackstone? Here's how to succeed at Blackstone, according to three executives, an ex-intern, and public comments made by top leaders including Gray and Schwarzman. "Steve Schwarzman always says it is just as easy to hire a smart, nice person as a smart, not nice person," Ross told BI. That's just not who we are as a firm," Ross said, adding, "We think investing's a team sport."

Persons: —, Jon Gray, Blackstone, Gray, Steve Schwarzman, that's, Morgan Stanley, Thomson, Schwarzman, Lehman, we'll, Paige Ross, Blackstone Paige Ross, niceness, Ross, That's, Marshall Plumlee, Plumlee, Marshall Plumlee dunking, Mark J, Terrill, Marshall, Jahlil, you've, it's, Peter Peterson, Jeenah, they're, They're, Taylor Kanfer, we're, Kanfer, Joe Zidle, Blackstone . Blackstone Zidle, Zidle Organizations: Service, Business, Blackstone, Blackstone —, Lehman Brothers, Thomson Reuters, Duke University's, NBA, New York Knicks, Milwaukee Bucks, Associated Press, Duke, 75th Ranger Regiment, Army, LinkedIn, Veterans Network, Blackstone . Locations: Blackstone, New York, Manhattan, Afghanistan

☆ Tech's Divorced Dad Energy: Silicon Valley Is Letting Down Customers
▼ + stars: | 2024-08-06 | by ( Ed Zitron | ) www.businessinsider.com time to read: +15 min

Big Tech companies became less known for one particular product. Instead, Big Tech became obsessed with a series of half-baked boondoggles that seemed revolutionary, yet in practice, were either not reliable enough to be trusted or simply not that useful. Big Tech has become sullen, entitled, and lazy, believing that nobody else could snatch away its precious customers. Related storiesEven when tech companies aren't trying to shove AI down our throats, they fall into a similar trap. AdvertisementWhen the public eventually walks out, I don't believe Big Tech is even capable of making the adjustments necessary to win them back.

Persons: Smart, surly, Apple, Meta, Tesla, Elon Musk, Musk, —, Goldman Sachs, Jim Covello, Sundar Pichai, it's, Tech's, Satya Nadella Organizations: Google, Microsoft, Apple, Big Tech, Siri, Amazon, Meta, Tech, Facebook, cryptocurrency, Porsche, Microsoft Windows Locations: America

☆ This N.Y.C. Tourist Hub Has Become Trash-Strewn Chaos for Everyone
▼ + stars: | 2024-08-05 | by ( Liam Stack | ) www.nytimes.com time to read: 1 min

This is Street Wars, a weekly series on the battle for space on New York’s streets and sidewalks. It is the first street to greet many travelers as they arrive at Pennsylvania Station or the Port Authority Bus Terminal. It is the backdrop to any night spent at a Broadway show or Madison Square Garden, or just out on the town. At the best of times, it is the Champs-Élysées of hot dog carts: a grand thoroughfare of vendors, tourists and commuters whose bustle brings the city to life. Pedestrians crowd the sidewalk and overflow into an ad hoc expansion of it, created in 2016 when the city began to cordon off a lane of traffic and paint it gray.

Organizations: Pennsylvania, Port Authority Bus Locations: Midtown Manhattan, Madison

☆ After 8 years of van life, they were ready to settle down. They bought an abandoned watermill in Portugal to turn into a family home.
▼ + stars: | 2024-08-05 | by ( Amanda Goh | ) www.businessinsider.com time to read: +11 min

Mr and Mrs AdventureAfter returning to the US in 2018, they continued with van life until mid-2020, when they started thinking about settling down. AdvertisementThe first property they viewed was an abandoned watermill in the Algarve, Portugal's southernmost region, and they were immediately smitten. While they're relying on solar energy in their camper, they plan to connect the watermill property to the grid in the future. This watermill project, we have to have other people involved," Drew said. Mr and Mrs AdventureNow, Drew added, even the bathroom in the watermill is about the size of their van.

Persons: —, Brittany, Drew Neumann, Adventure, van, Drew, they're, they've, We're, Ian —, I've Organizations: Service, Business, YouTube Locations: North America, Europe, Africa, Hawaii, Northern California, Arizona, Portugal, Brittany, Algarve, Portugal's, Fort Myers , Florida

☆ Joe Biden Stepped Aside. a Lot of Aging CEOs Should Do the Same.
▼ + stars: | 2024-08-04 | by ( Rob Price | ) www.businessinsider.com time to read: +13 min

Less discussed, however, is a parallel crisis in corporate America: a wave of aging business leaders who refuse to step aside. The average retirement age is similarly increasing: to 62 in 2024 from 57 in 1991. Using public data from 1992 to 2018, they assessed the relationship between a CEO's age and their "managerial ability," as measured by how they turned company resources into revenue and profit. "A 10% increase in CEO age is associated with a 1.9% decrease in managerial ability," they wrote. And older workers, both above and below the traditional retirement age, already face unwarranted discrimination in the workplace.

Persons: who'd, Joe Biden's, Donald Trump, Ruth Bader Ginsburg, Sen, Dianne Feinstein, It's, Rosemond Desir, Scott Seavey, Seavey, what's, Mark Fisher, Sumner Redstone, —, David Ekerdt, Olivia S, Mitchell, Desir, Warren Buffett, Rupert Murdoch, Fisher, Biden imbroglio, they're Organizations: Business, Supreme, California, Florida Atlantic University, University of California, CBS, Viacom, Barclays, gerontology, University of Kansas, Wharton, Chevron, Caterpillar, Berkshire Hathaway, News Corp Locations: America, Irvine, Southern California, United, Berkshire

☆ Taiwan is making a TV show about a Chinese invasion. And it’s hitting close to home
▼ + stars: | 2024-08-04 | by ( Nectar Gan | Eric Cheung | ) edition.cnn.com time to read: +12 min

The 17-minute trailer hit close to home in Taiwan, making headlines in local media and garnering more than a million views on YouTube. But Hsin-mei Cheng, the showrunner of “Zero Day,” worried that her fellow Taiwan citizens have grown “too numb” to the danger of an impending conflict. Hsin-mei Cheng, the showrunner of "Zero Day," says she hopes the show can serve as a wakeup call to the people of Taiwan. Cheng also assembled a team of 10 directors, each responsible for an episode in “Zero Day” that tells an independent story. In “Zero Day,” Chinese infiltration and cognitive warfare takes on many forms – from the lure of money and power to the threat of violence.

Persons: ”, China’s, Xi Jinping, Cheng, “, Mei Cheng, Nancy Pelosi’s, Robert Tsao, Lo Ging, Howard Yu, ” Cheng, Lo, Chapman, Hong Kong’s, –, livestreaming, influencers, Beijing’s, Howard Yu Su Tzu, yun, Lee Yen, China – Organizations: Taipei CNN, China’s People’s Liberation Army, PLA, Communist Party, YouTube, CNN, Presidential, Taiwan’s Ministry of Culture, Netflix, Chinese Communist Party, Taiwan’s Institute for National Defense and Security Research, Kuomintang Locations: Hong Kong, Taipei, Taiwan, dramatize, China, Ukraine, Beijing, Kinmen

☆ The Fed's long-awaited rate cuts will open up the job market — but it could take a while
▼ + stars: | 2024-08-03 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +6 min

Read previewThe US job market has certainly seen better days. AdvertisementThose rate cuts will help pull the job market out of its slowdown — but likely not before the unemployment rate climbs higher, says Oliver Allen, a senior US economist at Pantheon Macroeconomics. And even then, it could take time for the effects of rate cuts to fully work their way across the job market, said Mark Hamrick, a senior economic analyst at Bankrate. AdvertisementSlowdown in the pipelineUntil rate cuts kick in, Allen thinks the joblessness rate has even more room to climb. AdvertisementForward-looking indicators of job market strength have also been flashing signs of incoming weakness.

Persons: —, Oliver Allen, Allen, …, Mark Hamrick, Hamrick, David Rosenberg Organizations: Service, Business, Pantheon, Challenger, Gray &, Federal, National Federation of Independent Business

SAG HARBOR, N.Y. — Justin Timberlake appeared virtually at a Friday hearing for his driving while intoxicated case, where the judge announced the pop star's driver's license would be suspended and admonished his lawyer over "irresponsible" comments. The singer, 43, claimed he had just “one martini” before he was pulled over. He pleaded not guilty and his attorney, Edward Burke Jr., said in a statement at the time: “I look forward to vigorously defending Mr. Timberlake on these allegations. But once police spoke to Timberlake, they said, it was clear he was not in shape to drive, according to the complaint, written by Sag Harbor Village Police Officer Michael Arkinson. Timberlake struggled to walk heel-to-toe and stand on one foot without swaying or using arms to balance, the report said.

Persons: — Justin Timberlake, Timberlake, Edward Burke Jr, ” Timberlake, Michael Arkinson, ” Arkinson, “, I’m, Danny Cevallos Organizations: BMW, Police, NBC, American Locations: N.Y, Sag Harbor , New York, Long, Florida, Madison Street, Sag Harbor

☆ There are cracks forming in the US jobs market
▼ + stars: | 2024-08-02 | by ( Alicia Wallace | ) edition.cnn.com time to read: +9 min

CNN —The pandemic threw the US job market into chaos, but four years later, things finally seem to be back to normal. Most indicators support the idea that the labor market is no longer overheated and could easily maintain a new normal of steady, but slower growth. The unemployment rate is expected to hold steady at 4.1%, according to FactSet consensus estimates. “This is a labor market that’s otherwise moderated,” Nick Bunker, director of North American economic research at Indeed, told CNN. The same goes for the prime-age labor force participation rate, which at 83.7% also is the highest in 23 years.

Persons: hasn’t, Jerome Powell, Nick Bunker, Powell, Nancy Vanden Houten, ’, “, ”, —, Madhavi Bokil, Indeed’s Bunker, Bunker, ” Elise Gould, ” Bunker, “ It’s, Julia Pollak, ” Pollak, can’t Organizations: CNN, Federal, of Labor, Challenger, Economic Policy Institute, ” Locations: Oxford

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