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Monday, February 3, 2020

Business News, Updates

Business News, Updates


The US is barring foreigners who have been to China within the past 14 days and quarantining some returning Americans

Posted: 03 Feb 2020 09:46 AM PST

Coronavirus airport virus mask China Hong KongVIVEK PRAKASH/AFP via Getty Images)

The Trump administration announced on Friday that it would temporarily bar foreigners from entering the US if they have been to China within the past 14 days.

The action will effectively prevent any foreign national who has been to mainland China within the past two weeks from entering the country, with exceptions made for immediate family of American citizens and permanent residents.

See the rest of the story at Business Insider

See Also:

SEE ALSO: The Wuhan coronavirus has killed more than 200 people and infected at least 9,700. Here's everything we know about the outbreak.

Jennifer Lopez's show-stopping Super Bowl pole routine relied on her grueling 'Hustlers' training

Posted: 03 Feb 2020 09:45 AM PST

jlo pole super bowlJeff Kravitz/FilmMagic

  • Jennifer Lopez stunned fans on Sunday with a dramatic pole dance performance as part of her Super Bowl halftime show
  • Professionals make it look easy, but the reality is that pole dancing requires impressive strength, skill, and confidence.
  • Anyone can learn to pole dance, according to experts, and feel comfortable and strong in their body along the way.
  • Visit INSIDER's homepage for more stories.

Jennifer Lopez, along with Shakira, gave a Super Bowl halftime performance on Sunday that many fans have called one of the best in years, and part of the high-energy act included a pole dance.

The elaborate, acrobatic feat lasted less than a minute, but it took her months of rigorous training to learn the art of pole, which she first learned to nail her performance for "Hustlers."

See the rest of the story at Business Insider

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20 of the best maternity outfits celebrities have worn

Posted: 03 Feb 2020 09:44 AM PST

blake livelyMark Sagliocco/Stringer/Getty Images

Pauletta Washington rocked a yellow maternity dress on the red carpet in 1991.

Laura Luongo/Getty Images

Her off-the-shoulder dress had a sparkling neckline, which perfectly matched her gold kitten heels and short necklace.



Jada Pinkett Smith put a '90s spin on classic pregnancy attire.

Ron Galella, Ltd./Getty Images

Her red-carpet look included a strapless black dress, velvet boots, and a long-sleeved jacket made from silk.



In 2007, Jennifer Lopez glowed in a white, floor-length gown.

Steve Granitz/Getty Images

Her flowing dress had a single strap placed across her shoulder, as well as a pleated skirt. 




See the rest of the story at Business Insider

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Forever 21 is selling to a group of buyers for $81 million. Here's how it went from a fast-fashion powerhouse to bankruptcy and a troublesome future.

Posted: 03 Feb 2020 09:43 AM PST

Forever 21Getty

  • Forever 21, once one of the world's leading clothing retailers, has fallen on hard times.
  • After it filed for Chapter 11 bankruptcy protection in September, it was announced in a Sunday court filing that Forever 21 would be sold to a group of buyers for $81 million.
  • The company was founded in 1984 and pulled in $700,000 in sales in its first year. Today there are 794 Forever 21 stores worldwide.
  • Founders Jin Sook and Do Won "Don" Chang had a combined net worth of $5.9 billion at the company's peak in 2015, Forbes reported. They were no longer billionaires as of July 2019, according to Forbes' estimates. 
  • Here is the complete story of Forever 21, from its quick rise to become a top teen retailer to its slowdown and uncertain future.
  • Visit Business Insider's homepage for more stories.

Once a hot spot for teen clothing, Forever 21 is being sold to a group of buyers for $81 million after filing for Chapter 11 bankruptcy protection in September.

But before its struggles, Forever 21 seemed unstoppable.

The company was founded by husband-and-wife duo Jin Sook and Do Won "Don" Chang after they emigrated from South Korea to Los Angeles in 1981. The pair opened their first store, then called Fashion 21, in 1984 and pulled in $700,000 worth of sales in the first year.

The retailer thrived through the early 2000s, eventually peaking in 2015 when its founders were worth a record high of $5.9 billion combined, Forbes reported. Today, Forbes estimates that the cofounders are no longer billionaires.

Forever 21 announced its bankruptcy filing in a letter to shoppers in September, writing: "Once we complete a reorganization, Forever 21 will be a stronger, more viable company that is better positioned to prosper for years to come. We look forward to continuing to provide you with the great service and curated assortment of merchandise that you expect from us."

A representative for Forever 21 told Business Insider in a statement at the time that the company planned to close most of its locations in Asia and Europe but to continue operations in the US, Mexico, and Latin America. It planned to close up to 178 stores in the US and as many as 350 globally. 

In a court filing on Sunday, it was announced that Forever 21's business would be sold to a group of buyers for $81 million.

Here's the story of the company, from its quick rise to global prominence to its slow downfall into uncertainty.

The story of Forever 21 began with a dream. Husband and wife Jin Sook and Do Won "Don" Chang emigrated from South Korea to America with ambitions to start a business.

Forever 21

Source: Business Insider



After working as a janitor and coffee server for three years, Don had a realization. "I noticed the people who drove the nicest cars were all in the garment business," Don told The Los Angeles Times in a 2010 interview.

Volkswagen

Source:Business Insider, The Los Angeles Times



In 1984, the couple opened a 900-square-foot clothing store in Los Angeles called Fashion 21, the predecessor to Forever 21.

Nancy T./Yelp


See the rest of the story at Business Insider

See Also:

SEE ALSO: How Under Armour went from a new hotshot sportswear company taking on Nike to a brand with a wholly uncertain future

Patrick Mahomes sparked the Chiefs' Super Bowl comeback by telling Andy Reid which play to call in the most important moment of the game

Posted: 03 Feb 2020 09:39 AM PST

Patrick MahomesKevin C. Cox/Getty Images

  • The Kansas City Chiefs beat the San Francisco 49ers 31-20 on Sunday night in Miami to win Super Bowl LIV.
  • The Chiefs trailed the 49ers 20-10 with just seven minutes left in the game, but closed with three successive touchdown drives to close the game.
  • Mahomes sparked the comeback for the Chiefs, calling his own play on a desperate 3rd-and-15 to connect with Tyreek Hill for a first down.
  • After their miraculous conversion, the Chiefs were unstoppable, running away with their first Super Bowl victory in 50 years.
  • Visit Business Insider's homepage for more stories.

The Kansas City Chiefs are Super Bowl champions for the first time in 50 years after their impressive 31-20 victory over the San Francisco 49ers on Sunday night in Miami.

Quarterback Patrick Mahomes was once again the star of the show for the Chiefs, leading the Kansas City offense on three straight touchdown drives to close the game and put away the 49ers for good.

See the rest of the story at Business Insider

NOW WATCH: 5 things about the NFL that football fans may not know

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Having enough money to retire is important, but there are 7 other things that matter just as much

Posted: 03 Feb 2020 09:38 AM PST

retired african american coupleMoMo Productions/Getty Images

  • My husband and I are starting to think about moving to a new city in retirement, and besides money, there are seven things we want from our new home.
  • We live in Boston, so we want to get out of the cold, and access to the arts and a teaching hospital are also important to us.
  • We want access to local alumni groups and a like-minded community wherever we end up. Luckily, there are transplants everywhere, so we have high hopes.
  • Read more personal finance coverage.

When thinking about retirement, the first concern of most people is, "Do I have enough moneyto cover my expenses if I live into my 80s? What about my 90s?"

Given our longer life expectancies, retirement can last up to 20 or 30 years. Having enough income and  savings is critical. 

See the rest of the story at Business Insider

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The Iowa caucuses officially kick off the 2020 Democratic primary elections tonight. Here's what to expect

Posted: 03 Feb 2020 09:36 AM PST

iowa caucus 2x1Samantha Lee/Business Insider

  • Iowa voters will officially kick off the 2020 Democratic primary races with tonight's caucuses. 
  • Iowa is a relatively small state that allocates just 1% of the delegates candidates earn on their way to the nomination.
  • Still, it holds disproportionate significance in the process as it's the first state to cast its ballots for the presidential nomination.
  • The eventual Democratic nominee won the Iowa caucuses in six out of the past eight competitive Democratic presidential primaries.
  • Sen. Bernie Sanders holds a narrow lead in the primary polling, but anything is possible. 
  • Visit Business Insider's homepage for more stories.

Iowa, the first state to hold an election in the Democratic primary, casts its ballots tonight. At 7 p.m. central time — or 8 p.m. Eastern — Iowans will gather at a local space in their election precinct and hold a caucus.

This is a complex, collaborative process, and you can read more about it below, as it's unlike any election most Americans have taken a part in. 

See the rest of the story at Business Insider

NOW WATCH: Extremists turned a frog meme into a hate symbol, but Hong Kong protesters revived it as an emblem of hope

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SEE ALSO: Here's how Democrats will elect their presidential nominee over the next several months

A white supremacist Coast Guard officer who stockpiled weapons and crafted a hit list of journalists and officials was sentenced to 13 years in prison

Posted: 03 Feb 2020 09:34 AM PST

Prosecutors give news conference about Christopher Paul HassonMichael Kunzelman/AP

  • Coast Guard Lt. Chris Hasson, a self-described white nationalist, was sentenced to 13 years in prison after pleading guilty to charges that included unlawful possession of ammunition and silencers, and possession of a controlled substance.
  • Hasson stockpiled weapons and planned on carrying out a "massive" terrorist attack on minorities, government officials, and journalists. 
  • Prosecutors said Hasson was inspired by the writings of racist murderers. 
  • Visit Insider's homepage for more stories.

A white supremacist who is also a Coast Guard officer, pleaded guilty to charges that he stockpiled weapons and opioids, and was sentenced Friday to 13 years in prison.

Prosecutors said Christopher Paul Hasson, 50, had been inspired by racist murder cases to carry out violence on minorities, government officials, and journalists.

See the rest of the story at Business Insider

NOW WATCH: 9 items to avoid buying at Costco

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Here's the cast of The CW's 'Katy Keene' and where you might recognize them from

Posted: 03 Feb 2020 09:34 AM PST

katy keene josie katy pepper jorge gingerThe CW

  • "Katy Keene" is the latest "Riverdale" spin-off to be created. 
  • The show centers on Katy Keene (played by Lucy Hale) and her three friends trying to make their dreams a reality in New York City. 
  • Hale is best known for playing Aria Montgomery on Freeform's "Pretty Little Liars" and Ashleigh Murray is most recognized for her role as Josie McCoy on "Riverdale," which she reprises for "Katy Keene."
  • Visit Insider's homepage for more stories.

"Katy Keene" is the latest "Riverdale" spin-off in the Archie Comics universe, but don't expect it to be dark and gory. 

Set approximately five years into the future of "Riverdale," "Katy Keene" takes place in New York City and was developed by Roberto Aguirre-Sacaca — the same person who brought "Riverdale" to The CW and "Chilling Adventures of Sabrina" to Netflix. 

"Katy Keene" follows the titular character (played by Lucy Hale) and her three friends, including a familiar face from "Riverdale," in pursuit of their dreams in the big city. 

Ahead of "Katy Keene's" premiere on The CW on Friday at 8 p.m. ET, get to know the cast, who they're playing, and where you might recognize the stars from. 

Lucy Hale stars as Katy Keene, but she's best known for playing Aria Montgomery on "Pretty Little Liars."

Barbara Nitke/The CW

"PLL" premiered on Freeform (then known as ABC Family) in 2010 and lasted for seven seasons. Since the show ended, Hale has starred on the short-lived CW series "Life Sentence" and the 2018 horror movie 'Truth or Dare."

On "Katy Keene," Hale's character has the same love of fashion as her mother (who was a seamstress) and wants to become a designer. But first, she'll have to prove herself to her boss at Lacy's, a luxury department store. 

 



"Riverdale's" Ashleigh Murray reprises her role as Josie McCoy on "Katy Keene."

The CW

Murray became a breakout star as the leader of Josie and the Pussycats on "Riverdale," which premiered on The CW in 2017. During season three, Josie left Riverdale with her dad, in pursuit of her musical dreams. Murray briefly returned to the show for the season four premiere, which honored Luke Perry, who played Fred Andrews before his death. 

On "Katy Keene," Murray's character continues her pursuit of stardom, this time as a solo singer. 



Jonny Beauchamp portrays Jorge/Ginger Lopez, Katy's roommate who dreams of becoming a Broadway star.

The CW

Beauchamp appeared as a prostitute named Angelique on season two of Showtime's "Penny Dreadful." The actor also starred in the 2015 movie "Stonewall," based on the real-life riots that took place in New York City. 

On "Katy Keene," Jorge, whose drag persona is Ginger Lopez, lives in Washington Heights with Katy.




See the rest of the story at Business Insider

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The Hollywood Roosevelt has an old-school Tinseltown vibe that makes you feel like a movie star ⁠— here's what it's like to stay at the hotel Marilyn Monroe once called home

Posted: 03 Feb 2020 09:34 AM PST

 

Hollywood Roosevelt 4x3

  • The Hollywood Roosevelt is a historic icon in the heart of Hollywood. Stars like Marilyn Monroe and Brad Pitt have stayed at the hotel, and in fact, Marilyn Monroe used to live there.
  • Now it's a draw for travelers looking to feel that same sense of Hollywood glam, with prime access to the hotel's legendary pool parties, and sleep in a room as trendy as the city itself.
  • Nightly rates start at $230 for a standard Superior Room, while premium suites typically start at $433 per night. I stayed in a One-Bedroom Suite with my daughter and think it's a wonderful hotel for those that appreciate historic properties or want to be in the midst of Hollywood action. Though, the latter isn't always family-friendly.
  • Read all Insider Picks hotel reviews here.

The Hollywood Roosevelt Hotel is an icon, beloved by movie stars, musicians, and travelers from around the world that stay here for its beautifully-restored Spanish Colonial architecture, fascinating history, fun-filled atmosphere, and lively location.

Indeed the property comes with a rich past. The first Academy Awards ceremony was held here on May 16, 1929, and Marilyn Monroe lived at the hotel for two years in her early career. Prince performed at the hotel for a string of nights, and past guests include Charlie Chaplin, Clark Gable, F. Scott Fitzgerald, Ernest Hemingway, Brad Pitt and Angelina Jolie, among many others. 

Yet even after 90 years of hosting generations of guests, the iconic Hollywood Roosevelt remains relevant, and I was immediately drawn to it for a weekend trip to Los Angeles with my daughter for its rich character, fair price point, boutique touches, and interesting amenities. 

The independently owned and managed hotel houses 300 guest rooms, including 63 suites sprinkled throughout the 12-story building. Room offerings range from their entry-level 250 to 300-square-foot Superior Room, to a breathtaking 3,200-square-foot Gable & Lombard Penthouse. Rates for a Superior range from $230 to $399 per night, depending on the time of year you visit.

When we checked in, my reservation for a Superior room was upgraded to a One-Bedroom Suite, which typically costs between $433 and $569 per night. After seeing both rooms, while the Superior Rooms are lovely, the One-Bedroom Suite is a worthy splurge that made me feel like Hollywood royalty.

Need more LA hotel recommendations? Read our list of the best hotels in Los Angeles.

Keep reading to see why I was so impressed by The Hollywood Roosevelt.

Business Insider

Sunny Chanel/Business Insider

The Hollywood Roosevelt is located on the always bustling Hollywood Boulevard, which is brimming with souvenir shops and throngs of tourists that populate the thoroughfare. It's crowded and sometimes chaotic.

Fortunately, as soon as I entered the hotel, I completely forgot about the frenzy of activity outside.



Sunny Chanel/Business Insider

The main lobby area is vibrant but serene and preserves the building's historic Spanish Colonial style with beautifully-stenciled beamed ceilings.

As I walked through the lobby, I could easily envision the likes of Marilyn Monroe and Clark Gable gracing this same timeless space, or a young Shirley Temple dancing down a flight of their tiled steps.

Movie stars aside however, I was truly impressed by the beauty and subtle glamour of the hotel.

The check-in desk was far from the action of Hollywood Boulevard, located in the back of the hotel by a drive-through valet area.

I was impressed by the friendliness of the staff, and I felt warmly welcomed like I was a returning regular. We arrived before the standard check-in time but were able to get into our room right away, which I greatly appreciated.




See the rest of the story at Business Insider

See Also:

SEE ALSO: The 11 best hotels in Los Angeles

Everything you need to know about the Iowa caucuses, and why they may be less important than ever in 2020

Posted: 03 Feb 2020 09:34 AM PST

Democratic presidential candidate Sen. Elizabeth Warren, D-Mass., speaks during a town hall meeting Sunday, Jan. 26, 2020, in Davenport, Iowa. (AP Photo/Sue Ogrocki)Associated Press

  • Today, Iowa Democrats will be the first in the country to express their choice for the Democratic presidential nominee.
  • While Sen. Bernie Sanders holds a narrow lead over the rest of the field in Iowa, most recent polls of the state show the leading four candidates bunched closely together.
  • Since 1972, Iowa has historically played an important role in narrowing the size of the field and determining which candidates are viable going forward.
  • But with an unusually large Democratic presidential field, Iowa may be less relevant this year than ever. Candidates are spending more time in other states, and have even criticized Iowa for being unrepresentative of the party. 
  • Here's what you need to know about the difference between primaries and caucuses, how the Iowa caucus works, and why it may be less relevant this year than ever before. 
  • Visit Business Insider's homepage for more stories.

Today, February 3, Iowa Democrats will gather across the state to express their choice for the Democratic presidential nominee and allocate delegates to the Democratic National Convention in July. 

For Democratic voters and activists, the Iowa caucuses represent the moment they begin possibly removing President Donald Trump from office, something they've been waiting to do since the day after his election in 2016. 

See the rest of the story at Business Insider

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SEE ALSO: All of the important primary, convention, and debate dates you need to know for the 2020 presidential election

The Wuhan coronavirus has killed 362 people and infected more than 17,400. Here's everything we know about the outbreak.

Posted: 03 Feb 2020 09:34 AM PST

Wuhan virus China Beijing railway stationKevin Frayer/Getty Images

The death toll of a coronavirus outbreak sweeping China has reached at least 362, with more than 17,400 people infected as of Monday.

A man in the Philippines became the first person to die of the virus outside of China on Saturday. There have been 17,341 confirmed cases of the virus in mainland China and 153 cases in other countries.

The virus has spread to every province and region in China as well at least 24 other countries. The death toll and number of infected patients in mainland China has exceeded that of the 2003 SARS outbreak there (though the total SARS death toll remains higher).

The virus might have jumped from animals to people at a market in the city of Wuhan. Outside of China, cases have been reported in Australia, Cambodia, Canada, Finland, France, Germany, India, Italy, Japan, Malaysia, Nepal, the Philippines, Russia, Singapore, South Korea, Spain, Sri Lanka, Sweden, Taiwan, Thailand, the United Arab Emirates, the UK, the US, and Vietnam.

The US has reported 11 cases so far: Six people in California; a husband and wife in Chicago, Illinois; a man in his 30s in Washington state; one patient in Arizona; and one in Massachusetts.

The World Health Organization declared a public-health emergency last week and Chinese President Xi Jinping said the virus poses a "grave threat."

Here's everything we know:

The first case of the coronavirus was reported in Wuhan in December. The central Chinese city has a population of 11 million.

Ruobing Su/Business Insider

The virus' pneumonia-like symptoms include fever and difficulty breathing.

Samantha Lee/Business Insider

According to the Centers for Disease Control and Prevention (CDC), a person could be at risk if they have:

  • Fever and symptoms of lower respiratory illness, such as coughing or difficulty breathing, after traveling to Wuhan or having close contact with someone who was ill and is now under investigation for the virus in the past two weeks.
  • Fever or symptoms of lower respiratory illness after having close contact in the past two weeks with someone who's been confirmed to have the virus.

Chinese health officials say the incubation period for the virus ranges from 1 to 14 days, during which time carriers can be infectious. 



The virus has killed at least 362 people in China and abroad.

Noel Celis/AFP via Getty Images

"The people who are likely to die first will have other illnesses," Adrian Hyzler, the chief medical officer at Healix International, which offers risk-management solutions for global travelers, told Business Insider. "But as it spreads, it'll pick up more people like flu does."

Most patients who died were elderly or otherwise unwell, according to Chinese officials. But one recent victim was a 36-year-old man.




See the rest of the story at Business Insider

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The internet turned Lia Marie Johnson from 'Kids React' into a star. Then it exploited her while she unraveled.

Posted: 03 Feb 2020 09:33 AM PST

lia marie johnson exploit online 2x1Amanda Edwards/WireImage; Ari Perilstein/WireImage; Samantha Lee/Insider

  • Speculation and concern for 23-year-old YouTuber and musician Lia Marie Johnson have re-emerged after an Instagram Live appeared to show an older man kissing her.
  • Insider spoke to sources close with Johnson that said the man in question was her 67-year-old producer.
  • Her recent videos have prompted fans to suspect drug and alcohol abuse, as well as sparked concerns about her mental wellbeing.
  • Kati Morton, a YouTuber and therapist, also told Insider how worried fans could help Johnson, as her online exploitation has played out alongside her real-life struggles.
  • Visit Insider's homepage for more stories.

In November 2012, the Fine Brothers Entertainment YouTube channel uploaded another segment of the Emmy award-winning series "Kids React" featuring Lia Marie Johnson, who was 15 at the time.

She and a cast of other kids reacted to a viral video of Amanda Todd, the 15-year-old Canadian victim of cyberbullying who died by suicide after a stranger convinced her to flash her breasts during a video chat, took screenshots of her, and distributed them.

See the rest of the story at Business Insider

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What Marketers Should Know About TikTok Ad Formats and a Roundup on Partnership News

Posted: 03 Feb 2020 09:29 AM PST

At Business Insider Intelligence, our mission is to bring you the most important insights, data and analysis from the digital world. So when we come across outstanding research from our partners that we think our audience can benefit from, we like to make sure you hear about it.  That's why we're giving you a preview of eMarketer's new report: Marketing on TikTok. You can purchase and download the full report here. It's now been more than a year since TikTok launched in the US, and in that short period, the Chinese-owned video app has capitalized on the viral nature of its platform by partnering with a number of brands and slowly unveiling a slew of advertising capabilities.FILE PHOTO: The logo of TikTok application is seen on a mobile phone screen in this picture illustration taken February 21, 2019. Picture taken February 21, 2019. REUTERS/Danish Siddiqui/Illustration

Cosmetics brand e.l.f. is one of the latest advertisers to launch a paid campaign targeting TikTok's Gen Z user base. Using the popular "Hashtag Challenge" ad unit, the brand recently launched its #eyeslipsface campaign, encouraging TikTok users to create videos showing off their makeup using an original song created for the activation. e.l.f. Beauty also purchased a 24-hour takeover ad, which prompted users to participate in the challenge upon opening the app.

"Gen Z is a huge audience for us," said Kory Marchisotto, CMO of e.l.f., in an interview with eMarketer about the news of the partnership. "It's of critical importance to make sure we're not only where they are, but also serving up content that's relevant to them."

See the rest of the story at Business Insider

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An artist wheeled 99 smartphones around in a wagon to create fake traffic jams on Google Maps

Posted: 03 Feb 2020 09:28 AM PST

Simon WeckertSimon Weckert

  • An artist pulled 99 smartphones around Berlin in a red wagon, tracking how the gadgets affected Google Maps' traffic interface.
  • Wherever the phones went, Google Maps showed a traffic jam, displaying a red line and routing Maps users around the area.
  • Google Maps determines traffic by pinging smartphones that use the app in order to predict the density of cars in a given area.
  • Visit Business Insider's homepage for more stories.

An artist "hacked" Google Maps' traffic display — and all it took was a red wagon and 99 smartphones.

Simon Weckert toted the pile of smartphones down empty streets in Berlin. Every street he traversed suddenly appeared as a red, traffic-heavy zone on Google Maps, causing drivers to reroute to avoid the streets, as shown in Weckert's YouTube video documenting the results.

Weckert essentially gamed the mechanism Google Maps uses to predict traffic, he said in an email to Business Insider. The app constantly pings smartphones actively using Google's software in order to determine the approximate density of traffic and how fast that traffic is moving.

"Whether via car or cart or camel, we love seeing creative uses of Google Maps as it helps us make maps work better over time," a Google spokesperson told Business Insider in a statement.

For Weckert's experiment, all 99 smartphones were turned on with Google Maps running.



"There is no such thing as neutral data. Data is always collected for a specific purpose, by a combination of people, technology, money, commerce, and government," Weckert said in an email to Business Insider.



Weckert said he carried out the experiment last summer, but published the results this week in honor of the nearing 15th birthday of Google Maps.




See the rest of the story at Business Insider

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Michael Bloomberg is the only candidate to give money to the DNC. They just changed their rules to let him onto the debate stage.

Posted: 03 Feb 2020 09:18 AM PST

bloombergReuters

  • The Democratic National Committee changed its rules in a way that allows Michael Bloomberg to participate in the next presidential primary debate.
  • The organization eliminated the minimum donor threshold. Bloomberg is financing his own campaign, drawing from his $52 billion personal net worth.
  • Bloomberg is also the only candidate to personally donate to the DNC, giving it $300,000.
  • The debate rules change drew ire from left-leaning groups who allege that Bloomberg is leveraging his wealth to buy votes.
  • Visit Insider's homepage for more stories.

Presidential candidate Michael Bloomberg could appear onstage at the February 19 presidential debate — thanks to a last-minute change in the rules from the Democratic National Committee.

Until recently, the billionaire former New York City Mayor was almost guaranteed to be barred from the next presidential primary debate. But the DNC announced Friday that it was dropping an eligibility condition: Candidates no longer need to meet a minimum number of donations, previously in the hundreds of thousands, to win a spot at the DNC-sponsored debate. The Bloomberg campaign is not soliciting donations, which would have made it almost impossible for him to qualify by those rules.

See the rest of the story at Business Insider

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LIVE: Lead House manager Adam Schiff pays tribute to 'dear friend' Elijah Cummings before the Senate breaks for lunch

Posted: 03 Feb 2020 09:17 AM PST

U.S. President Donald Trump waves as he boards Air Force One with First Lady Melania Trump at Joint Base Andrews in Maryland en route to West Palm Beach, Florida, U.S., January 31, 2020. REUTERS/Yuri GripasReuters

  • The Senate began closing arguments in President Donald Trump's impeachment trial on Monday.
  • The proceedings come after the upper chamber voted to block new firsthand witnesses from coming to testify against the president.
  • House impeachment managers, who act as prosecutors in Trump's trial, argued the Senate has a constitutional obligation to hear any relevant information pertaining to Trump's alleged misconduct.
  • The president's defense team said the Senate didn't need to hear from any more witnesses while simultaneously claiming House prosecutors hadn't allowed for enough witnesses.
  • Scroll down to watch the trial and follow Insider's live coverage.
  • Visit Business Insider's homepage for more stories.

President Donald Trump's impeachment trial is expected to wind to an end this week as prosecutors and defense lawyers begin closing arguments.

The arguments started at 11 a.m. ET on Monday and will last for roughly four hours. Senators will then have until Wednesday to make their final statements on the trial.

At 4 p.m. ET on Wednesday, the Republican-led Senate will vote on the two articles of impeachment against Trump. The chamber is widely expected to acquit the president, and last week, Senate Majority Leader Mitch McConnell called Trump to get his permission to push the final vote to this week.

Monday's proceedings come after the Senate blocked a motion to call new witnesses to testify in Trump's trial. Democrats had zeroed in on four witnesses they wanted to hear testimony from: John Bolton, the former national security adviser; Mick Mulvaney, the acting White House chief of staff; Robert Blair, an aide to Mulvaney; and Michael Duffey, an official in the Office of Management and Budget.

Bolton, in particular, claims of have firsthand knowledge of Trump's efforts to strongarm Ukraine into delivering politically motivated investigations targeting the president's rivals while withholding a $391 million military aid package and a White House meeting Ukrainian President Volodymyr Zelensky desperately sought and still has not gotten.

Mulvaney is the head of the Office of Management and Budget, which took on a lead role in carrying out Trump's order to freeze Ukraine's aid. Emails and other documents also indicate that Mulvaney was in the loop on Trump's decision to withhold Ukraine's military aid from the start.

Blair has direct knowledge of Mulvaney's involvement in the Ukraine pressure campaign.

And Duffey officially ordered the freeze in Ukraine's aid 91 minutes after Trump's phone call with Zelensky on July 25.

House impeachment managers, who act as prosecutors in Trump's trial, argued the Senate has a constitutional obligation to hear any relevant information pertaining to Trump's alleged misconduct.

The president's defense team, meanwhile, said the Senate didn't need to hear from any more witnesses while simultaneously claiming House prosecutors hadn't allowed for enough witnesses.

Watch the trial below:

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Scroll down to follow Insider's live coverage of the trial:

Lead House manager Adam Schiff pays tribute to the late congressman Elijah Cummings before Senate breaks for recess

AP Photo/Patrick Semansky

Schiff, a representative from California and the chairman of the House Intelligence Committee, was the last impeachment manager to speak before the Senate broke for lunch.

As he ended his remarks, Schiff invoked the late congressman Elijah Cummings of Maryland and what Cummings said last year when House Speaker Nancy Pelosi formally announced an impeachment inquiry into Trump's actions.

Here's what Cummings, whom Schiff described as a "dear friend and former colleague in the House" said at the time:

"As elected representatives of the American people, we speak not only for those who are here with us now but for generations yet unborn. Our voices today are messages to a future we may never see. When the history books are written about this tumultuous era, I want them to show that I was among those in the House of Representatives who stood up to lawlessness and tyranny."



Lead House manager Adam Schiff says members of his staff 'have been made to endure some of the most vicious, false attacks to the point where they feel their lives have been put at risk'

Screenshot via CSPAN/Senate TV

Schiff took some time on Monday to express gratitude for staff members involved in the impeachment inquiry.

He added that those staffers "have committed their lives to this effort because they, like the managers and the American people, believe that a president free of accountability is a danger to the beating heart of our democracy."

Schiff also said that "some of those staff, including some singled out in this chamber, have been made to endure some of the most vicious, false attacks to the point where they feel their lives have been put at risk."

He continued: "The attacks on them degrade our institution and all who serve in it. You've asked me why I've hired certain of my staff and I will tell you: because they are brilliant, hard-working, patriotic, and the best people for the job. And they deserve better than the attacks they have been forced to suffer."



Trump chimes in on the 'Impeachment Hoax' as House prosecutors make their case against him

Reuters

Here's what Trump tweeted: "I hope Republicans & the American people realize that the totally partisan Impeachment Hoax is exacty that, a Hoax. Read the Transcripts, listen to what the President & Foreign Minister of Ukraine said ('No Pressure'). Nothing will ever satisfy the Do Nothing, Radical Left Dems!"

Fact check

  • "Read the Transcripts."
    • The White House has not released a transcript of the July 25 phone call between Trump and Zelensky. But a rough summary of the call shows Trump repeatedly asking Zelensky to investigate former Vice President Joe Biden and his son, Hunter, over the latter's employment on the board of the Ukrainian natural-gas company Burisma Holdings. Trump also asked Zelensky to look into a bogus conspiracy theory suggesting Ukraine interfered in the 2016 election.
    • Trump made the requests right after Zelensky told him Ukraine was ready to purchase more lethal weapons from the US. Trump replied, "I would like you do us a favor, though," immediately after.
  • Ukraine said there was "No Pressure."
    • It's true that Zelensky said he didn't feel pressured and that there was "no blackmail." But context matters, especially in a geopolitical relationship like this one, where there's a clear imbalance of power. As Insider's John Haltiwanger reported last year, Ukraine is still reliant on US military assistance as it fends off Russian aggression. By acknowledging feeling pressured, Zelensky would risk angering Trump.
    • "Whether the hold, the security assistance hold, continued or not, Ukrainians understood that that's something the president wanted and they still wanted important things from the president," David Holmes, a State Department official and key impeachment witness, testified last year. "So I think that continues to this day. I think they're being very careful. They still need us now going forward."




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The US has confirmed 11 cases of the coronavirus across 5 states. Here's what we know about all the US patients.

Posted: 03 Feb 2020 09:12 AM PST

Wuhan coronavirusTHE CENTRAL HOSPITAL OF WUHAN VIA WEIBO /via REUTERS

  • A deadly coronavirus that originated in Wuhan, China, has spread to 24 other countries. 
  • The US has confirmed 11 cases of the coronavirus: six in California, two in Illinois, and one each in Arizona, Massachusetts, and Washington.
  • The 10th and 11th cases, a 57-year-old husband and wife in San Benito County, California, were confirmed on Sunday.
  • Two cases of human-to-human transmission have been confirmed in the US.
  • Visit Business Insider's homepage for more stories.

The US has confirmed 11 cases of a new coronavirus that originated in Wuhan, China. 

So far, the cases have been reported in five states: Arizona, California, Illinois, Massachusetts, and Washington. Officials have recorded two cases of human-to-human transmission.

The newest cases were confirmed in California on Sunday: Officials announced that a woman in Santa Clara County and a husband and wife from San Benito County were infected with the virus. 

In total, the coronavirus has killed more than 362 people and infected more than 17,400 since it started in December.

Beyond China, it has spread to 24 other countries: Australia, Cambodia, Canada, Finland, France, Germany, India, Italy, Japan, Malaysia, Nepal, the Philippines, Russia, Singapore, South Korea, Spain, Sri Lanka, Sweden, Taiwan, Thailand, the United Arab Emirates, the UK, the US, and Vietnam.

The coronavirus family is a large group of viruses that typically affect the respiratory tract. Coronaviruses can lead to illnesses such as the common cold, pneumonia, and severe acute respiratory syndrome (SARS), which resulted in 8,000 cases and 774 deaths in China from November 2002 to July 2003.

Patients with the new coronavirus — known as 2019-nCoV — have reported symptoms like fever, coughing, and difficulty breathing. Those who have died were mostly elderly or otherwise unwell, according to Chinese officials. 

Here's everything we know about the cases in the US.

Three new cases in San Benito County, California, brought the total to 11.

Mike Blake/Reuters

On Sunday, the San Benito County Health and Human Services Agency announced that two cases of the virus had been confirmed there: a husband and wife, both 57.

The husband recently traveled to Wuhan then passed the virus on to his wife upon return to California. The agency said the patients are not hospitalized and have not left their home since the man returned from China. 

In a statement, the agency said it "provided guidance for home isolation and is closely monitoring their medical condition."

 



Earlier on Sunday, health officials announced another California case: a woman in the San Francisco Bay Area.

Smith Collection/Gado/Getty Images

The Santa Clara County Public Health Department said the woman contracted the virus while visiting Wuhan. She is the county's second coronavirus case.

"She has stayed home since she arrived, except for two times to seek outpatient medical care," Sara Cody, Santa Clara County's health officer, told the press. "She has been regularly monitored and was never sick enough to be hospitalized." 

The woman's family has also been isolated and is not leaving the home, Cody added. 

 

 

 



The first coronavirus case in Santa Clara County was confirmed on Friday.

Yichuan Cao/NurPhoto via Getty Images

Officials said the patient is a man who man returned from a trip to Wuhan and Shanghai on January 24. He did not leave his home except to seek medical care, they added. 

"We've been preparing for this possibility for weeks, knowing that we were likely to eventually confirm a case," Cody said in a press conference on January 31.

She added that the man had come into contact with "very few individuals" since his return, including household members, but said officials were monitoring those people. The man did not need to be hospitalized and was being treated at home, she added.

"We're actually quite lucky in this case in that I think the contact list is going to be very short," Cody said.

Officials said the cases of the two patients in Santa Clara County are not related.




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What is a silent heart attack? How to recognize the warning signs

Posted: 03 Feb 2020 09:11 AM PST

old coupleMonkey Business Images/Shutterstock

  • Silent heart attacks are just as dangerous and common as traditional heart attacks.
  • Silent heart attacks are milder than traditional heart attacks and may not come with any symptoms.
  • People who have a silent heart attack may not know it and therefore don't seek necessary treatment.
  • This article was reviewed by Jennifer Haythe, MD, Associate Professor of Medicine in the Division of Cardiology at Columbia University Medical Center. 
  • Visit Insider's homepage for more stories.

Heart attacks often have a classic roster of symptoms: chest pain, shortness of breath, and the sensation of something heavy on the chest. 

But not always. Silent heart attacks, more formally known as a silent myocardial infarction (SMI), are "silent" because symptoms are so mild that people often do not realize they occurred. 

See the rest of the story at Business Insider

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Amex Green vs. Chase Sapphire Reserve: Both cards earn bonus points on dining and travel, but which is best for you?

Posted: 03 Feb 2020 09:11 AM PST

finance money bank banking banking credit card credit score investment payment american express green amex chase sapphire reserve visa coxCrystal Cox/Business Insider

The Amex Green card has been around for decades, but it recently got a complete makeover, adding new annual statement credits, a bigger welcome bonus, and new bonus categories to complete with premium cards like the Chase Sapphire Reserve. It basically went from being a pretty boring card to a very good option for earning travel rewards.

Like the Sapphire Reserve, the Amex Green card now offers 3 points per dollar spent on dining and travel worldwide, along with more than $100 in annual statement credits. But how do these two cards stack up overall, and which one is a better fit for you? We'll break that all down below.

See the rest of the story at Business Insider

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