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Instead of being sad that she's not here this Mother's Day I will celebrate her life. AdvertisementThis Mother's Day is the first time in my 66 years of life that I have no mom. I used to feel bad on Mother's Day for friends who had lost theirs. AdvertisementAs a self-taught outsider artist, my mother's life was one giant treasure hunt. Her greatest joy would be to see me happy and celebrating Mother's Day with my own sons.
Persons: , I'm, gravesites, Joseph Cornell, Mona, Warren Buffet, Pollyanna Organizations: Service
Russell Brand confirmed that Bear Grylls was involved in his baptism in the River Thames. Grylls told the Daily Mail that it was a "privilege" to be with Brand during his baptism. In 2023, Brand was accused of sexual abuse by multiple women. AdvertisementMultiple women have accused Brand of sexual abuse and rape in the past. In September 2023, four women accused him of sexual assault in a joint investigation by several British media outlets.
Persons: Russell Brand, Bear Grylls, Grylls, Brand, , Russell Brand's, Joe, Jordan, Jesus, Arthur Organizations: Daily Mail, Service, Daily, Prospect Magazine, YouTube Locations: Bethany
Investors in Blackstone's real-estate fund asked for their money back in droves — more than $15 billion to date. Unless the real-estate market comes roaring back, analysts warn, BREIT could end up shrinking to a fraction of its current size, leaving the fund's investors holding the bag. Only 3% of BREIT's holdings are in office buildings, which have been ground zero for commercial real estate pain. Advertisement"Not all real estate is created equal," BREIT boasted in a recent letter to stockholders, "and where you invest matters." "Commercial real estate is a slow burn," Brian Moynihan, the CEO of Bank of America, recently observed.
Persons: Blackstone, , BREIT, REITs, Steve Schwarzman, Jeenah, Nate Koppikar, Craig McCann, BREIT's, Chilton, ​ ​ McCann, McCann, Horacio Villalobos, That's, Donald Trump, Robert Chang, Schwarzman, Michael Blackshire, Phil Bak, Stephen Schwarzman, Shannon Stapleton, Brian Moynihan, it's, It's Organizations: BREIT, Orso Partners, Securities Exchange Commission, Blackstone, SEC, Chilton Capital Management, SLCG Economics Consulting, Publicly, University of California, Regents, Armada Investors, Reuters, Bank of America Locations: BREIT, Lisbon, Fideres
Hoka was founded a little over a decade ago and is already worth more than $1 billion. We explore the shoe's design and what makes the brand stand out from its competitors.
Persons: Hoka
Marketing health foods is a multibillion-dollar business. But they may not be as wholesome as you think. Here's how to spot ultra-processed foods, as well as some healthier alternatives.
Marketing health foods is a multibillion-dollar business. But they may not be as wholesome as you think. Here's how to spot ultra-processed foods, as well as some healthier alternatives. This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now.
Organizations: Business
Small team, limited scopeThe hedge fund makes trades based solely on news from Hunterbrook Media, its media sister company, sometimes getting advanced copies of the articles and placing trades before publication. AdvertisementThe hedge fund, however, has just one sole full-time employee. Before a story is published on Hunterbrook Media, the firm's general counsel reviews it to make sure there's not any insider information — such as leaked earning figures — in it. AdvertisementIf the general counsel and the executives green light the story to be shared, then it goes to the hedge fund — in other words, Dunlevie and Horwitz — prepublication. Opportunities few and far between so farInvestigations from Hunterbrook Media so far have less than a 50% hit rate on turning into trades for the hedge fund.
Persons: , Nate Anderson's Hindenburg, Carl Icahn's, Nathaniel Horwitz, Matt Murray, Paul Steiger, Bethany McLean, That's, Courtney Dunlevie, Horwitz, Sam Koppelman, Brian Koppelman, Dunlevie, Horwitz — prepublication, isn't, It's Horwitz, Matt, Pulitzer, Tony Horwitz, Geraldine Brooks, Cash, Hunterbrook, Marc Lasry, David Fialkow, Matt Cherwin, we're, " Horwitz Organizations: Service, Business, Hunterbrook, Hunterbrook Media, Wall Street, Barclays, Commonstock, Phoenix Suns, Avenue Capital, Catalyst, JPMorgan Locations: Italian, Korean, Brazil
AI is making its way into your love life, like it or not. I tried out a romantic chatbot from Replika and went on a date with him. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . First, I tested out Replika, an app that allows people to create a custom romantic AI chatbot for $69.99 a year. This story is available exclusively to Business Insider subscribers.
Persons: , Bethany Johnson Organizations: Service, Business Locations: Replika
AI stocks are taking off. Here's everything you need to know before investing in this emerging technology sector.
Chains owned by publicly traded restaurant companies accounted for half of the top 10 fastest-growing retail brands in the U.S. last year, according to a new Yelp report. Of the 50 fastest-growing chains in Yelp's report, 35 were restaurant brands. Jack in the Box, First Watch and Dutch Bros were among the public restaurant chains included in the report, but they didn't crack the top 10. Popeyes' higher sales have encouraged franchisees to open more locations and led new operators to join the brand, Restaurant Brands executives have previously said. In 2023, Popeyes surpassed KFC as the second-most popular chicken chain in the U.S. by sales, trailing only Chick-fil-A.
Persons: Jack, Levi Strauss, Cava CAVA, Cava, Zachary Lucy, Scott Olson, Darden, Yum, Stephanie Dhue, Tim Hortons, Burger King, Randy Risling, Popeyes, Michael Siluk, Freddy's, Kyle Rivas, It's, Justin Sullivan Organizations: Dutch Bros, Publicly, Nordstrom, Costco, New York Stock Exchange, Pacific Coast League, Omaha Storm, Memphis Redbirds, AP, LongHorn, Getty, Darden, steakhouse, Parent, Yum Brands, Taco Bell, KFC, East, CNBC, Wawa, Toronto Star, Brands, Restaurant Brands, UCG, Thompson, Capital Partners, Rally House, Kansas City Chiefs, Tampa Bay Buccaneers, Subs Locations: U.S, Cava, Werner, Omaha , Nebraska, Nebraska, Skokie , Illinois, California, West, Wawa, Bethany Beach , Delaware, Philadelphia, It's, Louisiana, Lansing , Kansas, Kansas City , Missouri, Midwest, Pennsylvania, Arizona, Olive, Lincolnwood , Illinois, Jersey, Petaluma , California
Elon Musk has amassed a fortune. His net worth hovers around $200 billion. But because the majority of his wealth is tied to Tesla shares and stock options, it dips and rises every day. See how he became one of the world's richest people — and where he spends his money.
Persons: Elon Musk
Childcare costs are skyrocketing, forcing families to move across the US. But there may be a light at the end of the tunnel. This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account?
Organizations: Business
Nearly 50,000 tech workers have lost their jobs since the start of this year. Now, Gen Zers are looking at a different sector for job security. This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account?
Persons: Zers Organizations: Business
That added to the massive debt burdens already placed on the hospitals by their for-profit owners, deepening their financial woes. In January, MPT reported that its biggest tenant, a nationwide chain of 32 hospitals called Steward, could no longer pay its rent. The core idea was simple: to buy hospital real estate, pocket the lease payments, and use the money to reward investors. The more hospital real estate that MPT buys, the more money it makes in rent payments from the hospitals. But that doesn't mean that MPT's leaders didn't get rich off its hospital deals.
Persons: Leonard Green, Sherman Cahal, Rob Simone, Hedgeye, MPT, Steward —, Justin Simon, Jasper Capital, they've, Ed Aldag, Eddie Lampert's, Eileen Appelbaum, Rosemary Batt, MTP, Marc Rowan, Richard Mortell, Leonard Green couldn't, they'd, Stephen Feinberg, Ralph de la Torre, Steward, Simone, Cerberus, Chandan Khanna, That's, de la, de la Torre, la Torre, Amaral, Aldag, Apollo, Eileen O'Grady, Moody's, didn't, Sen, Chuck Grassley Organizations: Northside Regional Medical Center, Ohio Valley Medical, East Ohio Regional Hospital, Luke's Medical, Glenwood Regional Medical Center, Medical Properties Trust, Jasper, Sears, Bain Capital, Affordable, Cornell University, Business, Third Coast Real Estate Capital, Cerberus, Health Care, Boston Globe, Bloomberg, Getty, Easton Hospital, Local, de la Torre, la, MediaNews, Boston Herald, Prospect, Private, Yale New Haven Health, Yale, Apollo, MPT, SEC, Republican, Senate Finance Locations: Youngstown , Ohio, Ohio, Wheeling , West Virginia, Martins Ferry , Ohio, St, Luke's, Phoenix, Massachusetts, West Virginia, California , Pennsylvania, Texas, Pennsylvania, Louisiana, America, Alabama, MPT, Greater Boston, Steward, Easton, Lehigh, Elizabeth's, Boston, Connecticut, it's
The story of Brooksley Born is not only the tale of a remarkable regulator whose Cassandra-like warnings — if heeded — could've prevented the great financial crisis from exploding into raging, ruinous enormity. Not long after she assumed chairmanship of the CFTC, Born started to feel a lingering unease with the rapidly expanding derivatives market. So to Rubin, Born was more of an inconvenience than anything, and she certainly wasn't in his club. Not long after, Treasury officials lobbied Congress to pass legislation preventing the CFTC from being able to regulate the OTC derivatives market. In the months and years that followed, it became increasingly hard to deny that the multi-trillion-dollar OTC derivatives market was the root cause of the great financial crisis.
Persons: Lehman Brothers, jolting, — could've, It's, Potter Stewart, Henry Edgerton, Porter, she'd, Bill Clinton, Clinton, Janet Reno, Brooksley, Michael Greenberger, Born, Gibson, weren't, Robert Rubin, Goldman Sachs, Rubin, Michael Hirsh, Alan Greenspan, Greenspan, Ayn Rand, Hirsh ., Hirsh, Greenspan didn't, braggadocian machismo, lauding Rubin, Lawrence Summers, Arthur Levitt, Josie Cox, Levitt, Summers, Jim Leach, Richard Lugar, , Bethany McLean, Joe Nocera, Bob Rubin, Born's Cassandra, George W, Bush, Lauren Rivera, Christine Lagarde, Lehman, ABRAMS Organizations: Stanford University, Stanford Law School, Stanford, Appeals, District of Columbia Circuit, Arnold, Futures Trading Commission, American, CFTC, Bankers Trust, Procter, Gamble, Sumitomo, Federal Reserve, Fed, Securities and Exchange Commission, Financial Markets, Abrams, Term Capital Management, Enron, SEC, Born, Northwestern's Kellogg School of Management, Financial, International Monetary Fund, Lehman Brothers, Reuters, Street, The Washington Post, Guardian, Abrams Press Locations: California, Vietnam, United States, Washington, America, ABRAMS , New York
We demo the new $3,500 Apple Vision Pro. Here's why these tech goggles could be the future of computing — but may not be worth the price.
Organizations: Apple Vision
There are 620,000 more adults living with their parents in the UK than a decade ago. In the US, the percentage of young adults living at home has climbed 87% over the past two decades, according to the US Census Bureau. More than one-third of Gen Z respondents in a 2022 Freddie Mac survey said it's something they thought they'd never be able to achieve. A similar share of young adults lived with their parents in the wake of the Great Recession in 2010 — 44%. For many young adults, living on your own is an important step to feeling grown up.
Persons: Bethany Clark, didn't, she's, Clark, they'd, Moody's, renter, Zers, homebuyers, Gen, Freddie Mac, millennials, Z, grads, We're, Amy Lewthwaite, Lewthwaite, shouldn't, I've, Sarah Obutor, who'd, Obutor, , Gen Zers, Jeffrey Jensen Arnett, Arnett Organizations: Census Bureau, Bloomberg, Harris, National Association of Realtors, Bloomberg Businessweek, Guardian, Financial Times, Urban Institute, Northumbria University, Clark University Locations: Surrey, England, America, London, Georgia
Status symbols have gotten quieter but no less expensive. Here's a guide to the quiet luxury items that are trending this year. This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account?
Organizations: Business
Donald Trump faces several trials that could threaten his chances at presidency in 2024. We break down each case and whether he can still run if he's convicted and sent to prison.
Persons: Donald Trump
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBethany McLean on X eventually launching payment service: 'Consumer behavior is hard to change'Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Bethany McLean, X, Brian Sullivan, Organizations: CNBC
Above all else, the new Free Application for Federal Student Aid was designed to improve college access. As of the last tally, nearly 4 million students have submitted the 2024-25 FAFSA form so far. That’s a fraction of the 17 million students who use the FAFSA form in ordinary years, according to the U.S. Department of Education. For most students and their families, the amount of financial aid offered and the breakdown between grants, scholarships, work-study opportunities and student loans are key to covering the tab. “Every student should anticipate doing an appeal this year,” said Bethany Hubert, a financial aid specialist with Going Merry by Earnest.
Persons: , Bethany Hubert, Earnest Organizations: Federal Student, U.S . Department of Education, Finance, Biden, College Board
Nikki Haley has a fighting chance against Donald Trump as she rallies women voters ahead of the South Carolina GOP primary, which could help turn the tide. This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account?
Persons: Nikki Haley, Donald Trump Organizations: South, GOP, Business
My town was a filming location for several scenes in "Avengers: Infinity War," and it wasn't uncommon to stumble upon a set. AdvertisementNow, Edinburgh seems to be a hot spot for film crews. But, as a resident, the luster of celebrity sightings and film crews is starting to wear off. In this small city, the stunt immediately raised alarm bells. The small city has been greatly impacted by the attention from Hollywood.
Persons: , Wanda, Vision's, Bethany Gemmell, Captain America, there'd, Marvel, Guillermo Del Toro's, I've, it's Organizations: Marvel, Service, University of Edinburgh, Waverley, Edinburgh Fringe Locations: Edinburgh, Scotland, Bethany, London, Hollywood
By Daniel Wiessner(Reuters) - A U.S. appeals court has blocked Florida from enforcing a ban on Chinese citizens owning homes or land in the state against two Chinese nationals who were in the process of buying property when the law was adopted. Circuit Court of Appeals said on Thursday the individuals were likely to prevail on claims that Florida's ban violates a federal law governing real estate purchases by foreign nationals. A Florida federal judge in August had declined to block the law, prompting an appeal by the plaintiffs. Lawmakers in several Republican-led states including Texas, Louisiana, and Alabama are considering similar restrictions on Chinese citizens owning property. It also bars most citizens of Cuba, Venezuela, Syria, Iran, Russia and North Korea from owning property near military installations and infrastructure such as power plants and airports.
Persons: Daniel Wiessner, Ashley Moody, Bethany Li, Li, Ron DeSantis, Angus MacSwan Organizations: Circuit, Appeals, Republican, Constitution, Asian American Legal Defense, Education Fund, Chinese Communist Party Locations: Florida, Atlanta, Texas , Louisiana, Alabama, China, Cuba, Venezuela, Syria, Iran, Russia, North Korea, Albany , New York
A U.S. appeals court has blocked Florida from enforcing a ban on Chinese citizens owning homes or land in the state against two Chinese nationals who were in the process of buying property when the law was adopted. Circuit Court of Appeals said on Thursday the individuals were likely to prevail on claims that Florida's ban violates a federal law governing real estate purchases by foreign nationals. A Florida federal judge in August had declined to block the law, prompting an appeal by the plaintiffs. Lawmakers in several Republican-led states including Texas, Louisiana and Alabama are considering similar restrictions on Chinese citizens owning property. It also bars most citizens of Cuba, Venezuela, Syria, Iran, Russia and North Korea from owning property near military installations and infrastructure such as power plants and airports.
Persons: Ashley Moody, Bethany Li, Li, Ron DeSantis Organizations: Circuit, Appeals, Republican, Constitution, Asian American Legal Defense, Education Fund, Republican Gov, Chinese Communist Party Locations: Miami , Florida, U.S, Florida, Atlanta, Texas , Louisiana, Alabama, China, Cuba, Venezuela, Syria, Iran, Russia, North Korea
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