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☆ Big investors worry the star managers they trust to run billions are getting distracted as the presidential election enters the homestretch
▼ + stars: | 2024-09-10 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +7 min

Hedge fund managers and private equity executives have become the go-to sources for donations for both parties. AdvertisementBut for the industry's biggest names who have become involved in politics, personal interests and values drive their giving. Advertisement'It's a people business'Mercer's global chief investment strategist, Rich Nuzum, advises institutional investors with more than $16 trillion to invest. "You're probably alienating some potential investors," he said, and that puts all investors at risk if it impacts a manager's business health. While LPs prefer their managers stay out of the headlines, Griffin has not been shy in recent years about picking fights.

Persons: —, Ken Griffin, Donald Trump, Ron DeSantis, Griffin, Timothy Mellon, George Soros, Lone, Stephen Mandel, Jim Simons, Elliott's Paul Singer, Blackstone, Steve Schwarzman, Singer, Andrew, Rudy Koitchev, Rich Nuzum, Brian Payne, Payne, Chris Walvoord —, Nuzum, Soros, David Tepper, Mandel, Griffin waded, Zia Ahmed, Koitchev Organizations: Service, Republicans, Florida Gov, Business, SEI, BCA Research, Carolina Panthers, Appaloosa Management, Citadel, Citadel Securities, mater, Miami, city's Museum of Science, Industry, LCH Investments, Teachers Locations: Florida, Lone Pine, Washington, Harvard, Chicago, Afghanistan, Illinois

☆ Kamala Harris wants a Republican in her cabinet. It's still not clear who that might be.
▼ + stars: | 2024-09-10 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +4 min

Read previewIt was probably the most noteworthy thing to come out of Kamala Harris' much-anticipated CNN interview late last month: The Vice President, if elected, pledged to appoint a Republican to her Cabinet. "It may be difficult to find a rational, sane person who still identifies as a Republican" that would agree to serve in Harris' cabinet, Sen. Richard Blumenthal of Connecticut quipped. "There are a lot of Republicans that I think are capable of assuming Cabinet positions," Rep. Jim McGovern of Massachusetts said. "I'm not floating people's names for particular positions," Rep. Ro Khanna of California said, shortly after heaping praise on Republican Rep. Brian Fitzpatrick of Pennsylvania and former Republican Rep. Mike Gallagher of Wisconsin. Though he said Harris' pledge was a "positive step," he made clear on Tuesday that he's not interested in serving in her administration.

Persons: —, Kamala Harris, Jamie Raskin, Maryland, Joe Biden, Donald Trump, Harris, Sen, JD Vance, Trump, Richard Blumenthal, Rep, Alexandria Ocasio, Cortez, Bernie Sanders, wryly, Jim McGovern, Ro Khanna, Brian Fitzpatrick, Mike Gallagher, Liz Cheney, Adam Kinzinger of, Kinzinger, Cheney, Raskin, Cheney hasn't, he'd, Tim Kaine, Barack Obama, Bill Clinton, Kaine, There's, Mitt Romney, he's, I've, Romney, I'm Organizations: Service, CNN, Republican, Business, Connecticut, Hill, Vermont, Massachusetts, Democrats, Los Angeles Times, Senate Armed Services Committee, Defense, Utah Republican, Trump Locations: Alexandria, Cortez of New York, California, Pennsylvania, Wisconsin, Wyoming, Adam Kinzinger of Illinois, Harris, Virginia

☆ We kept losing out on homes and were sick of renting. So we tricked out a $4,500 van to live in for the summer.
▼ + stars: | 2024-09-09 | by ( Dan Latu | ) www.businessinsider.com time to read: +9 min

Mary Clare: We rented in Burlington for four years, which at this point has been the most expensive place I've lived so far. Mary Clare: Our real estate agent kept pushing us outside of our budget, like over $200,000 more. Courtesy of Ian and Mary Clare ArmstrongIan: I was on Facebook Marketplace to actually look for land. Courtesy of Ian and Mary Clare ArmstrongIan: Now, it's got a sink with a foot pump and fresh water tanks. AdvertisementMary Clare: Living here definitely helped put us in a spot where we were even more prepared to buy a home.

Persons: —, Mary Clare Armstrong, Mary Clare, Ian, Mary Clare Armstrong Ian, I'm, Ian Armstrong Mary Clare, I'd, it's, Mary Clare Armstrong Mary Clare, van, We're, they'll Organizations: Service, Facebook, Business, Indiana University, Rockies, Ikon Locations: Vermont, Burlington, Indiana, Arizona, New York , Ohio , Indiana , Illinois , Iowa , Nebraska, Colorado, Moab, Utah, New Mexico, Texas , Oklahoma, Arkansas, Then Tennessee, Bloomington , Indiana, Rocky, Iowa, America, Montpelier , Vermont

☆ K-pop is more popular than ever, but that isn't helping agency stock prices
▼ + stars: | 2024-09-09 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +6 min

Hybe Corporation is the largest and listed on the blue-chip Kospi, while SM Entertainment, JYP Entertainment and YG Entertainment are on the small-cap Kosdaq. Physical sales have historically accounted for the lion's share of a label's revenue, Kim said, and has also been the most profitable segment. High physical sales, she explained, represent the number of fans, which, by extension, quantifies the addressable market for a company. watch nowDeclining physical album sales not only hits earnings, but also raises questions about whether the investment thesis of "continual high growth" has collapsed. "A physical album is useless and even a burden because it occupies space.

Persons: Jimmy Fallon, Hybe, Yoon Suk Yeol, Danielle, Hyein, NewJeans, Gary Miller, Blackpink, Kim Gyuyeon, Lisa, Jennie, Emma McIntyre, Emma Mcintyre, Kim, Simply, Mirae's Kim Organizations: NBC, NBCUniversal, Getty, Hybe, SM Entertainment, JYP Entertainment, YG Entertainment, SM, YG, YouTube, Spotify, CNBC, Park, Filmmagic, Coachella, London's, Big, Mirae Asset Securities, BTS, Valley Music, Arts Festival, JYP, Seoul Economic, South Locations: United States, Southeast Asia, Korean, CHICAGO , ILLINOIS, Chicago , Illinois, South, U.K, INDIO , CALIFORNIA, Indio , California, Seoul

☆ I was laid off from Deloitte after I struggled to fit in. My coworkers wore burnout like a badge of honor, and I had to dim my personality.
▼ + stars: | 2024-09-09 | by ( Tess Martinelli | ) www.businessinsider.com time to read: +12 min

When I received a call from a Deloitte representative saying I'd landed a post-grad job as an actuarial analyst, I was ecstatic. But I didn't feel like there was space to express my femininity. I honestly didn't feel like there was a way to thrive in a more masculine environment without entirely abandoning my femininity, so I tucked away my spiritual, bubbly side. AdvertisementI didn't feel safe confiding in anyone about my workload concerns because everyone around me seemed to wear their burnout as a badge of honor. My superiors encourage me to leave work at work and I finally have time to nourish my hobbies and relationships.

Persons: —, Cierra Desmaratti, It's, I'd, That's, hadn't, Deloitte's, I've, Tess Martinelli Organizations: Service, Deloitte, Business, North Central College, Deloitte's Chicago, International Association of Black Actuaries, Transamerica, Big Locations: Miami, Naperville , Illinois, Deloitte's, Chicago, Transamerica, tmartinelli

☆ 'Go higher': Bernie Sanders urges Harris to raise 28% capital gains tax rate proposal
▼ + stars: | 2024-09-08 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

Sen. Bernie Sanders, I-Vt., on Sunday said Vice President Kamala Harris should increase her proposed 28% tax rate on long-term capital gains, marking his latest divergence with the Democratic presidential nominee's economic platform. "I would go higher than that," Sanders told NBC's "Meet the Press" of Harris' proposed capital gains tax rate. Harris on Wednesday announced her plan for a 28% tax on long-term capital gains, assets that are owned for more than one year, an increase from the current maximum rate of 20%. President Joe Biden previously proposed a capital gains tax rate of 39.6% in his fiscal 2025 budget. In 2016, Sanders campaigned for the Democratic presidential nomination with an even higher desired rate of 54.2%.

Persons: Bernie Sanders, Sen, Kamala Harris, Sanders, NBC's, Harris, Joe Biden, Mark Cuban, Reid Hoffman, Biden Organizations: Democratic National Convention, Sunday, Democratic, Wednesday, LinkedIn, Democratic Party, Republican Party Locations: Chicago , Illinois, U.S

☆ How some workers are using AI to save time — even though they fear the tech could replace them
▼ + stars: | 2024-09-07 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +9 min

Despite the potential downsides of AI adoption in the workplace, several workers told Business Insider that they're using AI tools to enhance their skill sets, productivity, and job performance. AI fears have led some people to embrace the technologyTricia LaRue said using AI tools like ChatGPT has helped her save time as a marketing professional. Meanwhile, others are "very resistant" to using AI, view it as "concerning and scary" and want to avoid using it for as long as possible. In addition to concerns about AI job replacement, Granger said the overall uncertainty of the AI future can stress out some workers. Mastering AI might not be the only way to protect oneselfSainag Nethala said using AI tools typically save him about 10 to 15 hours a week on work tasks.

Persons: —, Gabrielle Gerbus, Jasper, ChatGPT, Gerbus, she's, Goldman Sachs, they're, Ben Granger, Tricia LaRue, Tricia LaRue Granger, Granger, It's, LaRue, Anchlia, Ankit, James Delage, Claude, Sainag Nethala, Sainag, Grammarly, Nethala, he's, I'm Organizations: Service, Business Locations: California, Missouri, Minnesota, Texas, Illinois

☆ Sports gambling is bigger than ever. It's also gotten incredibly weird.
▼ + stars: | 2024-09-05 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

I live in the great state of New York, where online sports gambling has been legal since 2022. Different state, different gambling rulesMy trash-chute gambling pilgrimage is specific to me, but it represents one of the many quirks of the legalized gambling industry. When you're in New York, you're not allowed to bet on in-state colleges. Leagues love gambling, until they don'tBut what makes this new era of sports gambling particularly confusing is the relationship between sportsbooks and the leagues they're setting lines for. Yet despite all the promotion (and sponsorship money) touting sports gambling, athletes betting on their own games is still very much banned.

Persons: —, it's, York's, Pete Rose, LeBron James, Connor McDavid, Jayden Daniels, Malik Nabers Organizations: Service, Business, Syracuse University, Leagues, NFL, NBA, MLB, NHL, sportsbooks, Sports, ESPN, ESPN Bet Locations: New York, Connecticut, Illinois, sportsbooks

The addition of Gabbard is particularly notable given the tense exchanges she had with the vice president during their 2020 race that left Harris rattled. Trump’s team has been sketching out potential responses on reproductive rights with the expectation Harris will make that a focus during the debate. The Trump campaign has insisted the matter is settled. Thus far, no one is expected to sit in for Harris, just as no one played Biden ahead of the June debate. It’s the second time the vice president will visit the city this week after campaigning with Biden on Labor Day.

Persons: Donald Trump, Kamala Harris, Harris, —, Trump, Joe Biden, Tulsi Gabbard, Harris ’, Biden, Trump’s, Ohio Sen, JD Vance, Rohini Kosoglu, Karen Dunn, Sheila Nix, Sean Clegg, Philippe Reines, Hillary Clinton, Clinton, overconfidence, J.B, Pritzker, underestimating Trump, “, ”, “ They’re, ” Trump, Jason Miller, Vince Haley, Stephen Miller, Matt Gaetz, Don’t, Donna Brazile, Al, ” Brazile, “ Don’t, won’t, Mike Pence, Pence, Mr, ” Harris, It’s, Barack Obama Organizations: Washington CNN, National Constitution Center, Democratic, Trump, Biden, CNN, Illinois Gov, Republican, Florida, ABC, Union, Clinton, “, Labor Locations: Philadelphia, Hawaii, Bedminster, Mar, Lago, Manhattan, Harris, Trump, State, Pittsburgh, she’s, Maryland, Las Vegas, Williamsburg , Virginia

☆ Robinhood lets Brits lend shares for extra income in bid to grow international footprint
▼ + stars: | 2024-09-04 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

In this photo illustration, the Robinhood Markets Inc. website is shown on a computer on June 06, 2024 in Chicago, Illinois. You can think of stock lending like "renting" out your stocks for extra cash. Customers are able to sell lent stock at any time and withdraw proceeds from sales once the trades settle, Robinhood said. It is not guaranteed stocks lent out via its lending program will always be matched to an individual borrower, however. "Stock Lending is another innovative way for our customers in the UK to put their investments to work and earn passive income," Jordan Sinclair, president of Robinhood U.K., said in a statement Wednesday.

Persons: —, Robinhood, Jordan Sinclair Organizations: Robinhood, Wednesday Locations: Chicago , Illinois, U.K

Harris called for ending taxes on tips while rolling out a series of populist economic proposals last week, echoing a policy Trump already supported. The vice president pointed to Trump’s opposition to a bipartisan border security and immigration bill, which turned Republicans against the measure. Vice President Kamala Harris gestures as she steps from Air Force Two upon arriving at Joint Base Andrews, Maryland, on August 23, 2024. As the sitting vice president, Harris’s response to an economic calamity or foreign crisis would be closely scrutinized. The spokesperson also said there have been more than 1,000 sign-ups for Students for Harris chapters across the country since the launch of Harris’ campaign.

Persons: Kamala Harris, Donald Trump, Joe Biden, Harris, eyeing, Trump, Robert F, Kennedy Jr, who’s, ” Kennedy, Biden, showdowns, I’m, Hawaii Democratic Sen, Brian Schatz, “, ” Harris, ”, she’s, ‘ We’re, ’ She’s, Ohio Sen, JD Vance, Kamala, mispronounced Harris ’, Harris ’, fumed, he’s, ” Trump, La Capra, Julia Nikhinson, let’s, familiarizing, —, Kevin Lamarque, Tulsi Gabbard, Gabbard, Jen O’Malley Dillon, Austin Steele, Quentin Fulks, Tim Walz, Joshua Martin, Rebecca Wright, Pinar Yildirim, Deja Foxx, “ Young, Brian Kemp, Kemp, Vance, Trump’s, ” Vance, Sean Hannity, “ We’re, ” Kemp, “ Kamala Harris, Wisconsin . Ohio Sen, Marco Bello, Walz, ” CNN’s Ted Barrett, Kate Sullivan, Kristen Holmes, Ali Main, Aaron Pellish, Alejandra Jaramillo, Priscilla Alvarez Organizations: CNN, Democratic National Convention, Trump, Democratic, ABC, Hawaii Democratic, Republican, Biden, Social Security, Air Force, Joint Base Andrews, Reuters, Union, Hawaii Rep, United Center, MSNBC, United, Minnesota Gov, Convention, University of Pennsylvania, Facebook, Harris, Georgia Gov, Georgia Republican, Party, GOP, Fox News Locations: Arizona, Trump, Glendale, Hawaii, Chicago, Ohio, Georgia, Nevada, Las Vegas, Mexican, North Carolina , Nevada , Arizona, Wisconsin , Michigan, Pennsylvania, Joint Base Andrews , Maryland, California, Chicago , Illinois, Washington, Asheboro, United States, Wisconsin . Ohio, Kenosha, Kenosha , Wisconsin

Though many say they are thankful to have Social Security payments at all, they aren't enough to fill the gap. To help pay the bills, nearly 80% of retirees receive some Social Security income, per BI's calculations, and the Social Security Administration estimates that 97% of older adults will ultimately receive benefits. She told BI that her expected $2,000 monthly Social Security payments may not be enough. As pensions dissipate and only higher-earning retirees have savings, Social Security might only become more pivotal for retirees. Advertisement"I don't want to be rich, I just need to be comfortable," 62-year-old Angela Babin — who lives on her $1,100 monthly Social Security check — told BI.

Persons: —, Emma Echols, she'll, Echols, she's, She's, Xers, Tracey Gronniger, Cheryl Simmons, Franklin D, Roosevelt, they've, Mary Dacus, Stephen, They've, Becky Davenport, Davenport, Donald Trump, Bernie Sanders, Elizabeth Warren, Gronniger, Angela Babin — Organizations: Service, Social Security, Business, Social, Security, Social Security Administration, SNAP, Pew Research Center, Republican, Republicans, allisonkelly Locations: Alabama, San Diego, Spain, Greece, Robinson , Illinois, Florida, Anchorage

☆ Beyoncé hype ran high then popped like a balloon at the DNC
▼ + stars: | 2024-08-23 | by ( Lisa Respers France | ) edition.cnn.com time to read: +4 min

Like most pop culture fantasies, speculation that Beyoncé would make an appearance at the DNC started – and ended – on social media. From the moment CNN reported in July that Beyoncé had granted the vice president permission to use her 2016 song “Freedom” for her presidential campaign, there were questions. People spotted wearing ‘COWBOY KAMALA’ sashes at the Democratic National Convention. Eva Hambach/AFP/Getty ImagesA bee emoji shared on X by White House political director Emily Ruiz further spiked the hype. “If you thought the Oprah surprise was big, just wait.”On Thursday evening, TMZ reported that Beyoncé would indeed be performing.

Persons: Kamala Harris, –, Beyoncé, Bey, Harris, Taylor Swift, Kamala, KAMALA, Shasti Conrad, ” Conrad, Eva Hambach, Emily Ruiz, Oprah Winfrey, ”, “ I’ve, Barack Obama’s, Obama’s, Hillary Clinton, Yvette Noel, Schure, TMZ, CNN’s Elizabeth Wagmeister Organizations: CNN, Democratic National Convention, Chicago’s United, DNC, Washington Democratic, Washington State Standard, United Center, Getty, White House, TMZ, Media, Democratic, Biden, Hollywood Locations: Chi, O’Hare, Washington, Chicago , Illinois, AFP, Ohio, Chicago

☆ Here are Wolfe's favorite stocks as market approaches fresh record
▼ + stars: | 2024-08-23 | by ( Pia Singh | In | ) www.cnbc.com time to read: +3 min

According to Wolfe, Expedia has returned just 3% over the last twelve months and an estimated 2024 price-to-earnings ratio of 10. The online travel agency is rated overweight by analysts polled by FactSet, who have a consensus price target implying 11% potential upside. Walgreens is another long-term favorite that popped up on Wolfe's screens. The stock has 25.3 % potential upside, according to analysts' consensus price target of $12.57, according to FactSet. Other stocks that made Wolfe's "Greatest Hits List" included coffee chain Starbucks , automaker General Motors and medical device maker Medtronic .

Persons: Wolfe, Jerome Powell, Chris Senyek, Expedia, FactSet, Bernstein, Richard Clarke, Clarke, Edgar Bronfman Jr, Bronfman's Organizations: Wolfe Research, Federal, Dow, Nasdaq, Walgreens Boots, Walgreens, Amazon, Paramount Global, Skydance Media, National Amusements, Paramount, General Motors Locations: Deerfield , Illinois

Celebrities and Notable Faces in the Crowd at the Democratic ConventionThousands of Democrats — delegates, party members, politicians and celebrities — filled Chicago’s United Center this week to nominate Vice President Kamala Harris and Governor Tim Walz of Minnesota for president and vice president. Doug Emhoff, the second gentleman Maya Harris, Tony West and Meena Harris Vice President Harris’s grand-niece Gov. After several guests highlighted Mr. Walz’s average-Joe persona and background as a football coach, he officially accepted the Democrats’ vice-presidential nomination. Senator Amy Klobuchar of Minnesota helped to introduce Mr. Walz before he took the stage, emphasizing his Midwestern roots. “America, I gave my best to you,” he said, reciting a phrase from the song “American Anthem” by Gene Scheer.

Persons: —, Kamala Harris, Tim Walz, Ms, Harris, Meena, Ella, Doug Emhoff, Maya Harris, Tony West, Meena Harris, Harris’s, Gov, Gus, Hope Octavia Spencer, Rosario Dawson, Padma Lakshmi, Joe, Sheryl Lee Ralph, Bill Clinton, Oprah Winfrey, Amy Klobuchar, Walz, Walz’s, Gwen, Tina Smith, Elizabeth Warren of, Mark Kelly of Arizona, Gabby Giffords, Arizona Julian Castro, Joaquin Castro of, Ilhan Omar, Minnesota Tony Goldwyn, Mark Hamill, J.B . Pritzker, Lil Jon soundtracked, Michelle Obama, Barack Obama, “, ”, Cole, Illinois Lil Jon, Mr, Emhoff’s, Barbara, Michael Cole, Emhoff's, Gretchen Whitmer, Wes Moore, Tony Evers, Andy Beshear, Maxine Waters, California Spike Lee, Wendell Pierce, Sean Astin, Hillary Clinton, Biden, Gene Scheer, Biden’s, ” Nancy Pelosi, Joe ” Organizations: Democratic, Chicago’s, Democrats ’, Joaquin Castro of Texas Rep, J.B, Illinois, Michigan Gov, Maryland Gov, Wisconsin Gov, Kentucky Rep Locations: Minnesota, Elizabeth Warren of Massachusetts, Arizona, Illinois, Kentucky, California, “ America

☆ Nicole Shanahan spent almost $19 million on RFK Jr.'s failed presidential run but that's just a sliver of her fortune
▼ + stars: | 2024-08-23 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAttorney Nicole Shanahan spent almost $19 million boosting Robert F. Kennedy Jr.'s long shot presidential campaign. After abandoning his Democratic primary campaign, Kennedy needed significant funding to set up the organization needed for a credible presidential campaign. She still won't top Rep. David Trone of Maryland, who spent over $60 million of his Total Wine fortune only to lose a Democratic Senate primary. AdvertisementMichael Bloomberg became a meme in the 2020 election when he spent $500 million only to win America Samoa before dropping out of the Democratic presidential primary.

Persons: —, Nicole Shanahan, Robert F, Kennedy Jr, Shanahan, Kennedy, Donald Trump, Kamala Harris, Walz, Sergey Brin, Elon Musk, Musk, David Trone, Michael Bloomberg, JB Pritzker, Mehmet Oz's Organizations: Service, Kennedy, PAC, Trump, Business, Democratic, Bloomberg News, Democratic Senate, America Samoa, Gov, Illinois, Senate Locations: Maryland

But the consequences — but the consequences of putting Donald Trump back in the White House are extremely serious. Just imagine Donald Trump with no guardrails, and how he would use the immense powers of the presidency of the United States. But Donald Trump believes a border deal would hurt his campaign, so he ordered his allies in Congress to kill the deal. Because, you know, they know — they know he is easy to manipulate with flattery and favors. They know Trump won’t hold autocrats accountable because he wants to be an autocrat himself.

Persons: Kamala Harris’s, Let’s, Doug, Cole, Ella, Dougie, Joe Biden, Joe, Tim Walz, Shyamala Harris, Donald Harris, Aretha, Coltrane, Miles, Kamala, Don’t, Shelton, Uncle Sherman, Aunt Mary, Uncle Freddie, Auntie Chris —, Family, —, Maya, Michelle, Thurgood Marshall, Constance Baker Motley, Wanda, Kamala Harris, I’ve, Donald Trump, doesn’t, “, miscarrying, Couples, John Lewis, Trump, Putin, Said, Zelensky, Biden, Kim Jong, let’s Organizations: Democratic, Mayflower, White, U.S . Capitol, Capitol, U.S, Supreme, Trump, Social Security, Affordable, of Education, Medicare, Congress, Republicans, NATO, Fellow Locations: America, India, California, Jamaica, —, Illinois, Wisconsin, East, United States of America, Oakland, Calif, United States, China, Said Russia, Russia, Ukraine, Gaza, Israel, Iran, An America, American

☆ Best, Worst and Weirdest Moments of the Democratic Convention
▼ + stars: | 2024-08-23 | by ( Shawn Mccreesh | ) www.nytimes.com time to read: +1 min

Every convention has its highlights and low points, and the hastily revised Democratic convention was no exception. More than 100 speakers took the stage at the United Center in Chicago over four nights, and their speaking abilities ranged from excellent to, well, kind of bumbling. Here are some of the moments we will remember, and others we are hoping to forget. Vice President Kamala Harris, assuring that she’s no pushover: “As commander in chief, I will ensure America always has the strongest, most lethal fighting force in the world.”Least convincing denial. President Biden: “All this talk about how I am angry at the people who said I should step down, it is not true.”

Persons: JB Pritzker, Donald J, Trump, Kamala Harris, Biden Organizations: Democratic, United Center, Illinois Locations: Chicago, America

☆ The world's first airport to require biometric boarding is set to arrive in 2025
▼ + stars: | 2024-08-22 | by ( Kevin Williams | ) www.cnbc.com time to read: +4 min

As end-of-summer travel lines back up at TSA airport checkpoints in the U.S., one overseas airport is going all-in on a biometric passenger experience. The Smart Travel Project at Zayed International Airport in Abu Dhabi will involve biometric sensors at every airport identification checkpoint by 2025. Airport security and travel experts have generally cheered the move. "Facial recognition is the future, and we will start to get intelligent with airport security and focus on the traveler rather than the items they bring. Among the concerns expressed are what type of data someone would need to give during the biometric enrollment process, and whether biometric security processes will be used to track movements throughout the airport, or if biometric data will be used outside the airport.

Persons: Sheldon Jacobson, Jacobson, Saeed Saif Al Khaili, Mike Taylor, J.D, Power's, Shawn DuBravac Organizations: TSA, Smart, Zayed International Airport, University of Illinois, Zayed International, Federal Authority for Identity, Customs, Port Security, United Arab Locations: U.S, Abu Dhabi, UAE

☆ How the Mongols Motorcycle Club works, according to a former member
▼ + stars: | 2024-08-22 | by ( Victor Hugo Febres | Dylan Brzezinski | ) www.businessinsider.com time to read: 1 min

Justin DeLoretto served as a chapter president of the Mongols Motorcycle Club for 15 years in Oregon, Missouri, Illinois, and Indiana. He also influenced the founding of one of the largest Australian chapters, which served as a base for expansion into Asia. DeLoretto discusses initiation, prospecting, getting a patch, and brotherhood within the club. This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now.

Persons: Justin DeLoretto, DeLoretto Organizations: Mongols Motorcycle Club, Hells Angels, Outlaws, Pagans, Business Locations: Oregon , Missouri , Illinois, Indiana, Asia

Police in Ferguson, Missouri, on Tuesday released body camera and security videos of a man shown charging at a police officer and knocking him to the pavement, where he hit his head and was critically injured. Officer Brown suffered a severe head injury after he was knocked to the ground, police said. A still from security video shows a protester charging toward Officer Travis Brown in Ferguson, Mo. At an earlier news conference after the officer was injured, Doyle said the community has treated Ferguson police as a “punching bag” since 2014. Doyle said Travis Brown is the type of officer Ferguson needs.

Persons: Michael Brown, Troy Doyle, Elijah Gantt, Travis Brown, Brown, Gantt, Mo, Darren Wilson, ” Doyle, Doyle, Ferguson, Michael Brown’s, “, ” Gantt, Wesley Bell, Bell Organizations: Police, Ferguson MO, Department, YouTube Protesters Locations: Ferguson , Missouri, East St, Louis , Illinois, Ferguson, Louis

☆ Lack of purpose may predict cognitive decline, study finds
▼ + stars: | 2024-08-13 | by ( Kristen Rogers | ) edition.cnn.com time to read: +7 min

Well-being and cognitive declineMore research is needed due to the lack of diversity in this study, which also includes the fact that participants were volunteers from communities with higher levels of education, the study authors said. It’s possible that poor well-being may lead to cognitive impairment and vice versa. On one hand, greater well-being may lower risk for cognitive impairment and dementia by mitigating the effects of Alzheimer’s disease processes on cognition, the authors said. Positive well-being has been associated with lower levels of inflammatory cytokines and lower cardiovascular risk, which can reduce risk of cognitive impairments. Compared with participants who remained cognitively intact, those who developed cognitive impairment were more likely to be older and have lower body mass index (BMI) and lower psychological well-being.

Persons: ”, Angelina Sutin, Sutin wasn’t, White —, “, Glen R, Finney, Finney wasn’t, ” Sutin, ” Finney, Sutin, — Organizations: CNN, Neurology Neurosurgery, Psychiatry, Florida State University College of Medicine, Alzheimer’s Association Locations: Illinois, Pennsylvania

☆ Stocks making the biggest moves after hours: Alphabet, Flutter, Nu Holdings and more
▼ + stars: | 2024-08-13 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

Flutter Entertainment — Shares of the gaming company surged more than 10% after a stronger-than-expected report for the second quarter. The parent company of Fanduel reported $3.61 billion in revenue, topping the $3.40 billion expected by analysts, according to LSEG. Nu Holdings — Shares of the Brazil-based financial firm climbed about 4% after a stronger-than-expected second quarter. Ibotta — The tech stock fell almost 9% after a wider-than-expected loss for the second quarter. Ibotta reported a loss of $1.32 per share, compared with an estimated loss of 85 cents per share, according to LSEG.

Persons: Draftkings, Mercury, Ibotta Organizations: Bloomberg News, Justice Department, Nu Holdings, . Mercury Systems Locations: U.S, Illinois, Brazil

☆ I was sick of spending my travel budget on weddings, so now I turn every invitation into a vacation
▼ + stars: | 2024-08-13 | by ( Anna Staropoli | ) www.businessinsider.com time to read: +4 min

To maximize pricey flights, I've leveraged weddings to explore places like West Palm Beach, Cleveland, and even my own city. Once in Sandusky, I maintained that eagerness, visiting Lake Erie, trying Culver's custard, and exploring Marblehead Lighthouse. To manage expectations, I've learned to treat each wedding trip as an introduction to a place. A few years ago, I planned my first post-wedding trip to Miami after a friend's West Palm Beach ceremony. Beyond visiting the Norton Museum of Art, I saw little of West Palm.

Persons: —, I've, Anna Staropoli, I'd, I'm, could've Organizations: Service, Business, Miami, Norton Museum of Art, Chicago Botanic Garden Locations: West Palm Beach , Cleveland, Ohio, Anna Staropoli Sandusky , Ohio, Cleveland, Sandusky, Lake Erie, Marblehead, Miami, Palm, West Palm, Canandaigua, Lake Canandaigua, Rochester , New York, Chicago, Shore, Lake Forest , Illinois

☆ Democrats continue to joke about false JD Vance rumor after years of criticizing Trump for spreading misinformation
▼ + stars: | 2024-08-12 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | Alexandra Marquez | ) www.nbcnews.com time to read: +5 min

After years of condemning former President Donald Trump for spreading disinformation and conspiracy theories, Democrats are now poking fun at his running mate using a false, vulgar rumor. Walz told an arena filled with thousands of excited supporters: “I got to tell you, I can’t wait to debate [Vance]. JB Pritzker, who at the time was considered to be on the short list to be Harris' running mate, leaned into the joke twice in the following days. Erin Hooley / APOn the July 29 "White Dudes for Harris" Zoom fundraiser, Pritzker told attendees: "I’ll keep my remarks short. Representatives for the Trump and Harris campaigns, the Democratic Congressional Campaign Committee, Pritzker and Moskowitz did not return requests for comment.

Persons: Donald Trump, Sen, JD Vance's, Kamala Harris, Tim Walz, Walz, “, Vance, Harris smirked, ”, Harris, Kamala, chastise Walz, Jonathan Turley, Walz wasn't, Vance deriding, JD Vance, Donald Trump’s, JB Pritzker, Pritzker, Trump, Erin Hooley, Jared Moskowitz, Moskowitz, Dina Titus, Titus, what’s, Joe Biden Organizations: Minnesota Gov, Democratic Congressional, Republicans, ABC, Air Force, Saturday, Trump, Democrats Locations: Philadelphia, Illinois, Chicago, Las Vegas

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