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☆ A millennial couple invested in a $143,000 vacation home in Bali. It's become the crux of their early retirement strategy.
▼ + stars: | 2024-05-12 | by ( Amanda Goh | ) www.businessinsider.com time to read: +8 min

Rory and Casey Jones built a villa in Bali for 2.287 billion Indonesian rupiah, or about $143,000. AdvertisementFor Rory Jones and his wife Casey, building a house in Bali seemed like a good idea — even though they had never been to Indonesia. The couple, from Tasmania, Australia, dreamed of retiring early, so they spent a lot of time investing in the stock market. Rory and Casey Jones built a villa in Bali. That said, the couple has plans to build more investment properties in Bali in the future.

Persons: Rory, Casey Jones, —, Rory Jones, Casey, Jones, " Jones, videographer, aren't, Propertia Organizations: Service, Global Consulting, Facebook Locations: Bali, Indonesia, Tasmania, Australia, Thailand, Philippines, Portugal, Southeast Asia, Bingin, Uluwatu

☆ Bob Menendez: Here’s what prosecutors say bought off a US senator
▼ + stars: | 2024-05-12 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +8 min

Here’s what prosecutors say the senator and his wife got:Gold barsProsecutors say Hana and Daibes gave Menendez and his wife gold bars, which were seized by the FBI from the Menendez residence. After returning from a trip to Egypt and getting a ride home from the airport from Daibes’ driver, prosecutors say Menendez searched online for the price of a gold bar. Nadine Menendez needed a new car, apparently after hitting and killing a jaywalker in Bogota, New Jersey, in December 2018. There is a long list of actions prosecutors say Menendez undertook in exchange for all of these alleged bribes. The envelopes of cash prosecutors say bore Daibes’ fingerprints may be more difficult to explain.

Persons: CNN — Democratic Sen, Bob Menendez, Mercedes, Menendez, CNN’s Manu Raju, “, ”, Nadine, Wael Hana, Fred Daibes, Jose Uribe, Daibes, Nadine Menendez’s, Nadine Menendez, Uribe, Hana, –, …, Qataris, retry Menendez, Salomon Melgen, Melgen, Donald Trump Organizations: CNN — Democratic, Bob Menendez of New, Senate Foreign Relations Committee, Capitol, FBI, Court Southern District of, Prosecutors, Court Southern District of New York Prosecutors, Court Southern District of New York, Menendez, Uribe, Mercedes, Benz, Senate Foreign Relations, US Department of Agriculture, New York, of Justice Locations: Bob Menendez of, Bob Menendez of New Jersey, Egypt, Qatar, New Jersey, Daibes, Court Southern District of New York, Bogota , New Jersey, New

☆ Furniture flippers are getting roasted online for painting vintage wood pieces 'millennial gray'
▼ + stars: | 2024-05-12 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +9 min

How do you feel about painted furniture?" Halfpoint Images/Getty ImagesDemand is up for vintage wood furniture — without paintPart of the backlash certainly stems from the current state of the furniture industry, in which it's increasingly difficult to get your hands on brand-new, high-quality furniture. As a result, the secondhand furniture market is booming, with vintage furniture sellers proliferating on places like Instagram and Facebook Marketplace. The flippers said most of the hate comments tend to come from flips of midcentury modern furniture, in particular, a beloved and lasting design aesthetic from around roughly the 1930s to 1970s. Despite all the vocal online haters of painted furniture, there's a reason furniture flippers do it: the pieces sell.

Persons: —, Christina Clericuzio, grandma, Clericuzio sanded, Clericuzio, TikTok, Jennifer Beck, flipper, Gen Z, it's, she's, she'd, Beck, It's, Mike Coleman, he's, Coleman, Christina Clericuzio's Organizations: Service, Business, United Furniture, Facebook, The Washington Post, Big, Ikea Locations: Connecticut, Tennessee, Anthropologie, Mesa , Arizona, Chicago

☆ Who Are Key Players in the Menendez Case?
▼ + stars: | 2024-05-11 | by ( Tracey Tully | Benjamin Weiser | ) www.nytimes.com time to read: +7 min

Who Are Key Players in the Menendez Case? Mr. Menendez goes to trial on May 13 with two of the businessmen, Fred Daibes and Wael Hana. Fred Daibes New Jersey Real Estate Developer Mr. Daibes is accused of giving Mr. Menendez furniture, gold and cash. Nadine Menendez Mr. Menendez’s Wife Ms. Menendez served as a go-between for Mr. Menendez, Egyptian intelligence officials and men who were seeking political favors from the senator, according to the indictment. Defense LawyersAdam Fee Lawyer for Robert Menendez He previously spent five years as a prosecutor in the U.S. attorney’s office for the Southern District — the same office prosecuting Mr. Menendez.

Persons: Menendez, Robert Menendez, Nadine Menendez, Mr, Fred Daibes, Wael Hana, Menendez's, Daibes, Nadine Menendez Mr, Menendez’s, Ms, Jose Uribe, Uribe, Uribe's, Sidney H, Stein, Bill Clinton, Jennifer Shah, Hassan Nemazee, Damian Williams, Williams, President Biden, Sam Bankman, Fried, Juan Orlando Hernández, Christina Clark, Clark, Charles McGonigal, Catherine Ghosh, Eli Mark, Paul Monteleoni, Robert Hadden, Lara Pomerantz, Ghislaine Maxwell, Jeffrey Epstein, Norman Seabrook, Daniel Richenthal, Sheldon Silver, Michael Avenatti, Adam Fee, Fee, Avi Weitzman, Lawrence Lustberg Organizations: Democrat, Robert Menendez New Jersey, Senate Foreign Relations, Jersey Real, EG, Prosecutors, United, Jose Uribe Former New, Benz, U.S, Southern, of, Democratic, Attorney, Southern District of, ex, Public, New, New York City Housing Authority, Justice Department, Southern District’s, New York State Assembly, Nike . Defense, Southern District Locations: New Jersey, Manhattan, Jersey, Egypt, Qatar, United States, Jose Uribe Former New Jersey, of New York, Southern District, Southern District of New York, Russian, New York City, Brooklyn, Columbia, New York, U.S, California

☆ Behind America's divided economy: Booming luxury travel and a jump in 'relief' loans
▼ + stars: | 2024-05-10 | by ( Alex Harring | ) www.cnbc.com time to read: +11 min

First-class travel has exhibited special strength, though management noted that can be tied in part to a resurgence of business trips. People taking these loans are more likely to be lower-income with no more than a high school diploma, Lanier said. Daniel Acker | Bloomberg | Getty ImagesFrozen food maker Tyson Foods has seen consumers shifting more to eating at home than the quick-service restaurants it supplies. It's also important to remember that lower-income Americans were feeling financial pressures before the pandemic, said Tyler Schipper, an associate professor of economics at the University of St. Thomas in Minnesota. Airbnb touted interest in travel to events like the Paris Olympics and the European Cup in Germany this summer.

Persons: there's, It's, Christophe Le Caillec, underscoring, Blair Lanier, Lanier, McDonald's, Tyson, Daniel Acker, Tyson Foods, Stanley Black, Decker, Jane Fraser, CNBC's Sara Eisen, Fraser, Nancy Lazar, Piper Sandler, Tyler Schipper, Thomas, Schipper, Eric Thayer, We've, Cliff Pemble Organizations: TSN, American Express, Federal Reserve, CNBC, People, University of Michigan, San Francisco Federal Reserve, U.S, PepsiCo, Bloomberg, Getty, Tyson, Management, Adobe Analytics, Furniture, Citigroup, University of St, Airlines, Delta Air Lines, JetBlue Airways, Caribbean . Booking Holdings, Paris Olympics, European, Ticketmaster, Cedar Fair, Flags, Wayfair, Garmin Locations: America, U.S, Minnesota, New York, Germany, Valencia , California

☆ NFM Chairman Irv Blumkin: 'It's been a challenging year' for the consumer
▼ + stars: | 2024-05-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNFM Chairman Irv Blumkin: 'It's been a challenging year' for the consumerNebraska Furniture Mart Chairman Irv Blumkin speaks with Becky Quick at the Berkshire Hathaway Annual Meeting to discuss the state of the consumer, pricing, inflation and product sourcing.

Persons: Irv Blumkin, Becky Quick Organizations: Berkshire Hathaway Locations: Nebraska

☆ Take a look inside Menards, the Midwest home-improvement chain owned by Wisconsin's richest billionaire
▼ + stars: | 2024-05-09 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +2 min

As the founder of home-improvement retailer Menards, John Menard Jr. is Wisconsin's richest billionaire with a net worth of $22.9 billion. John Menard Jr. (left) congratulates IndyCar driver Simon Pagenaud on his victory at the 2016 Angie's List Grand Prix of Indianapolis. Menard Jr. is a controversial figure known for his frugality and iron-handed management style. Menard Jr. denied any inappropriate conduct, his attorney told the Milwaukee Journal Sentinel. Menard Jr. is also an avid race-car enthusiast, sponsoring Menards race cars at NASCAR and IndyCar events.

Persons: John Menard Jr, Simon Pagenaud, Khris Hale, Menard, Menards, Menard Jr Organizations: Prix, Indianapolis, Getty, Forbes, University of Wisconsin, Prosecutors, Milwaukee Journal Sentinel, NASCAR Locations: Eau Claire, Milwaukee, Wisconsin

“If that story was untrue, I would have written it to be a lot better,” Daniels said of her encounter with Trump. “You have a lot of experience of making phony stories about sex appear to be real,” Necheles asked. “You’re celebrating the indictment by selling things from your store,” Necheles asked. “Not unlike Mr. Trump,” Daniels responded. Prosecutor Josh Steinglass said Trump was aware of the “messy details” of the encounter in 2016 and that shows motive for the hush money payment and cover up.

Persons: Donald Trump’s, Stormy Daniels, Susan Necheles, Trump, Daniels, ” Daniels, Juan Merchan, combatively, Necheles, ” Necheles, “, That’s, she’d, “ You’re, Madeleine Westerhout, Westerhout, Rhona Graff, Joe Scarborough, Jeanine Pirro, Serena Williams, Tom Brady, ”, ” Westerhout, Michael Cohen, Melania, Melania Trump, “ Madeline, it’s, Merchan, Todd Blanche, Blanche, ‘, ” Merchan, Trump’s, Josh Steinglass Organizations: CNN, Trump, White, Wing, ” Prosecutors, Daniels, NBC, White House, longtime Trump Organization, Trump Org, ” Trump Locations: New York

☆ Warren Buffett said he could make a 50% return on $1 million and predicted higher taxes. Here are 14 Q&A nuggets.
▼ + stars: | 2024-05-09 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +7 min

Read previewWarren Buffett let slip a slew of intriguing facts and anecdotes during Berkshire Hathaway's annual shareholder meeting on Saturday. But the Berkshire CEO also warned of higher taxes, teased a potential Canadian investment, and revealed a $500 million gift of Berkshire stock. Cash hoardBerkshire's mountain of cash and Treasury hit a record $189 billion last quarter, and it's likely to swell to more than $200 billion this quarter, Buffett said. Taxing timesThe government will probably raise taxes in the coming years in a bid to balance its budget, Buffett said. Pocket changeBuffett claimed that if he had only $1 million to invest instead of nearly $200 billion, he could earn a 50% annual return.

Persons: —, Warren Buffett, Buffett, he'd, Costco Buffett, Charlie Munger, Charlie, Talia Lakritz, he's, Todd Combs, Ted Weschler, Greg Abel, Greg, Munger, Abel, haven't, Ruth Gottesman, Sandy Gottesman, Brent N, Clarke, Garry Kasparov, Kasparov, B Organizations: Service, Paramount, Business, Treasury, Costco, Albert Einstein College of Medicine, Getty, Berkshire, Nebraska Furniture Locations: Berkshire, Russian, Omaha, Costco . Berkshire, Wisconsin, Canada, Nebraska

☆ Homeowners are suing for the right to demolish the house Marilyn Monroe died in, angering fans who say it's part of Hollywood history
▼ + stars: | 2024-05-08 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +4 min

Read previewThe owners of the Brentwood home where Marilyn Monroe lived and later died are suing the City of Los Angeles for the right to demolish the property. According to the Los Angeles Times, they purchased the home for $8.35 million. Last September, the Los Angeles City Council intervened to temporarily halt the demolition of the home, which KCAL News reported was welcomed by fans and historians. Marilyn Monroe waves from Arthur Miller's convertible as the newlyweds leave their Connecticut home for a picnic in June 1956. AdvertisementRepresentatives for Milstein, Bank, and the City of Los Angeles did not immediately respond to Business Insider's requests for comment.

Persons: —, Marilyn Monroe, Brinah Milstein, Roy, Monroe, Scott Fortner, Arthur Miller, Arthur Miller's, Bettmann, Fortner, Milstein, Betty White, Joan Crawford, Chris Pratt, Katherine Schwarzenegger, Craig Ellwood, Liz Waytkus, Dezeen Organizations: Service, Brentwood, Roy Bank, Los Angeles Superior, Business, Los Angeles Times, Los Angeles City Council, Monroe, Connecticut, City, Bank, Milstein , Bank Locations: Los Angeles, Brentwood, memorializing Monroe

But some of the details Daniels described were so explicit that Judge Juan Merchan cut her off at several points. “How can we come back from this in a way that’s fair to President Trump?” Blanche challenged. “Am I correct that you hate President Trump?” Necheles asked“Yes,” Daniels said. “It’s also cost me a lot of money,” Daniels responded. “You are looking to extort money from President Trump,” Necheles asked.

Persons: Stormy Daniels, Donald Trump, Daniels, Trump, Juan Merchan, Merchan, “, Michael Cohen, Susan Necheles, ” Trump, ”, Trump “, didn’t, ” Daniels, Kaitlan Collins, Gina Rodriguez, Rodriguez, –, Peggy Peterson, David Dennison, Cohen, Jimmy Kimmel, she’s, Susan Hoffinger, Judge, Todd Blanche, Blanche, ” Blanche, CNN Hoffinger, ” Merchan, Necheles didn’t, ” Necheles, “ You’ve, Necheles, “ I’ve, “ It’s, Keith Davidson Organizations: CNN, Trump, AMI, Defense Locations: Trump’s, Las Vegas

☆ When Buying a Home Is Treated as a National Security Threat
▼ + stars: | 2024-05-06 | by ( Amy Qin | Patricia Mazzei | ) www.nytimes.com time to read: +1 min

After years of living in dorms and subpar apartments, Lisa Li could not wait to close on her new home. The one-bedroom condo in Miami’s financial district had a view of the river, was in a safe neighborhood and, Ms. Li heard, had neighbors who were much like her — less party, more chill. So Ms. Li, a 28-year-old who came to the United States 11 years ago as a college student from China, put in an offer, had her bid accepted and began ordering furniture. At the last minute, the title company raised concerns about a small United States Coast Guard outpost near South Beach a few miles away. Under the law, Ms. Li could face prison time, and the sellers and real estate agents could be held liable.

Persons: Lisa Li, Li Organizations: United States Coast Guard Locations: United States, China, South Beach, Florida

☆ I've been divorced twice, and now I'm finally in a healthy relationship at 44. Here's how I shifted my view on dating.
▼ + stars: | 2024-05-05 | by ( Andrea Javor | ) www.businessinsider.com time to read: +5 min

But that's not how my life turned out. When I actually turned 40, I was reeling from the humiliation of two short marriages followed by divorce, no kids, and two ill-fated endings. I had a therapist, a dating coach, a yoga membership, and a routine cry on my best friend's couch, obsessing over what went wrong … again. When I went out with someone on a fabulous first date, I'd make myself wait a week for the next one. AdvertisementAs I realized the energy I put into dating was actually in service of understanding myself, I felt empowered to finally pick the right person.

Persons: I'd, that's, …, matchmakers, courtships Organizations: Service, Business Locations: Chicago

☆ Retailers jacked up prices and squeezed consumers. They might have just blinked
▼ + stars: | 2024-05-05 | by ( Parija Bhatnagar | Parija Kavilanz | ) edition.cnn.com time to read: +7 min

“There’s just less dollars for consumers to spend.”The challenge for retailers now is to shake consumers out of that frugal mindset. Retail spending has increased in seven of the past 10 months through March. “If you want to convince consumers to spend you have to give them a reason to do so. Lower prices are a clear opportunity to drive people into the store or online.”It’s a lever that Walmart, he said, has pulled forever. Clothing chain H&M told analysts during its most recent earnings call that it, too, would lower prices.

Persons: Sarah Wyeth, ”, Chad Lusk, Alvarez, ” Wyeth, “ There’s, they’re, Zak Stambor, Stambor, Joe Raedle, ” Stambor, “, ” Jesper Brodin, ” Brodin, ” Michaels, ” Ashley Buchanan, Michaels, Lars Daniel Ervér, Frida, Chuck, – CNN’s Bryan Mena Organizations: New, New York CNN —, Ikea, Shoppers, “ Retailers, CNN, Walmart, Ingka, “, Cheese, Stambor Locations: New York, Hallandale Beach , Florida

☆ Kenya floods: Anger mounts as people left homeless and searching for loved ones swept away in floods
▼ + stars: | 2024-05-04 | by ( Larry Madowo | Laura Paddison | ) edition.cnn.com time to read: +8 min

Mai Mahiu, Kenya CNN —When Julia Wanjiku put her son Isaac to bed last Sunday after a day celebrating his third birthday, she didn’t realize she was also saying goodbye. She was among the survivors gathering at Ngeya Girls High School in Mai Mahiu on Tuesday. A damaged car buried in mud in an area heavily affected by torrential rains and flash floods in the village of Kamuchiri, near Mai Mahiu, on April 29. Luis Tato/AFP via Getty ImagesPeople removing mud and water from their house in Mai Mahiu, Kenya, on April 29. Rescuers carry the body of a young man recovered in the debris following flooding, in Mai Mahiu, Kenya.

Persons: Mai Mahiu, Kenya CNN —, Julia Wanjiku, Isaac, Wanjiku, — Isaac, “, ” Wanjiku, Isaac’s, Mai Mahui, It’s, Luis Tato, El, William Ruto, Kithure Kindiki, Isaac Mwaura, ” Ruto, Mark Laichena, ”, Simon Maina, Mwaura, Nyagoah Tut, James Wakibia, Joyce Kimutai, herder, Makau, “ I’m, ” Larry Madowo, Laura Paddison, CNN’s Louis Mian, Allison Chinchar, Mary Gilbert Organizations: Kenya CNN, CNN, Girls High School, Getty, Getty Images, “, Kenyan, Space Agency European Space Agency, European Space Agency, Isaac Mwaura ., Communities, United Arab Emirates, Rights Watch, Kenya Meteorological Department, Human Rights Watch, Rescuers, Imperial College London’s Grantham Institute Locations: Kenya, Mai, Kenya’s, Nairobi, Mai Mahiu, Kamuchiri, AFP, Getty Images Kenya, Garissa, Tanzania, Tana, Mathare, New York, El, Nyagoah Tut Pur, Africa, East Africa, London

☆ Skittles is giving away a 1-year stay in an NYC micro-apartment that usually rents for $3,500/month: Take a look inside
▼ + stars: | 2024-05-03 | by ( Nicolas Vega | ) www.cnbc.com time to read: +2 min

Skittles has launched a contest with the grand prize of a rent-free yearlong stay in a Manhattan micro-apartment. It features bright, colorful furniture, rainbow-colored cabinets and wall art made using real Skittles lentils. The marketing stunt is a promotion for Skittles Littles, a new, smaller form factor for the candy similar to that of M&M's Minis. Skittles lists the approximate retail value of the prize at $85,000, with the winner also receiving a $20,000 check to offset their tax liability. To enter the sweepstakes, participants must give their full name, date of birth, email and phone number.

Persons: Skittles, Dani Klaric, Skittles Littles, Malin, Goetz Organizations: M's Locations: New York City, Manhattan, Manhattan's Kips

☆ How we test, review, and recommend products
▼ + stars: | 2024-05-02 | by ( Insider Reviews Team | Les Shu | ) www.businessinsider.com time to read: +6 min

Janelle LeesonBelow is a sampling of some of the core products and services the Reviews team tests. Reporters enlist their cats, dogs, and other pets to help test products, while pet health articles are medically reviewed by veterinarians and supported by expert interviews. Insider Reviews' health articles are medically reviewed by doctors and other health professionals, and supported by expert interviews. Molly Allen/InsiderThe Reviews team tests products the way people would use them in everyday life. In addition to our in-house and freelance testers, we also have an internal council of volunteers and freelancers who help us test products and offer additional perspectives.

Persons: Janelle Leeson, Antonio Villas, Sally Kaplan, Molly Allen, James Brains, Erin Brains, Amir Ismael Organizations: Business Insider's Service Journalism, Tech, Samsung, Boas, Health

☆ Stocks making the biggest premarket moves: Peloton, Carvana, Cigna, Qualcomm and more
▼ + stars: | 2024-05-02 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

Carvana — The used car seller spiked 36% after posting first-quarter revenue Wednesday of $3.06 billion, above analysts' consensus estimate of $2.67 billion. Cigna — The insurer moved 1% higher after first-quarter adjusted earnings of $6.47 per share topped the $6.22 expected from analysts polled by LSEG. Zillow estimated second-quarter revenue of $525 million to $540 million, versus $559.2 million expected from analysts polled by FactSet. Freshworks — The software development company plunged 27% after projecting second-quarter revenue of $168 million to $170 million and full-year revenue of $695 million to $705 million. Analysts polled by FactSet expected $172.1 million for the quarter and $708.3 million for the year.

Persons: Barry McCarthy, Carvana, Morgan Stanley, Cardinal, Nio, Zillow, LSEG, FactSet, Qorvo, —, Jesse Pound, Lisa Han, Pia Singh, Tanaya Macheel Organizations: Qualcomm, LSEG, LSEG . Revenue, Health, FactSet, eBay Locations: Nio —, LSEG

Those quiet times, less than three years ago, soon became a whirlwind. The flurry of activity reflects new investments in a region of North Carolina that has lagged behind: the Triad. The average income in Randolph County, which includes Liberty, is $47,000, and some jobs at Toyota will offer an hourly wage comfortably above that. More people moving into the area could breathe life into Liberty’s downtown. Mr. Kidd worried that many local workers lacked the education and skills to work at the plant.

Persons: Scott Kidd didn’t, Kidd Organizations: Liberty, Toyota Locations: N.C, North Carolina, Randolph County, Liberty, Liberty’s, Greensboro, Winston, Salem

☆ Wayfair's losses narrow by more than $100 million after layoffs, even as sales dip
▼ + stars: | 2024-05-02 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +3 min

Wayfair's sales slid during its first fiscal quarter, but the online furniture retailer reduced its losses after cutting 13% of its workforce at the start of the year, the company announced Thursday. The steepest drop off came from Wayfair's international segment, where sales fell nearly 6% to $338 million compared to the year-ago period. The restructuring – the third Wayfair implemented since summer 2022 – was expected to save the company about $280 million, it said previously. During the quarter, Wayfair's active customers grew 2.8% to 22.3 million, slightly ahead of the 22.1 million that analysts had expected, according to StreetAccount. On average, orders were valued at $285 during the quarter, compared to the $275.07 that analysts had expected, according to StreetAccount.

Persons: Wayfair, Niraj Shah, Shah, – Organizations: LSEG

☆ Stocks making the biggest moves midday: Apple, Peloton, Wayfair, Carvana and more
▼ + stars: | 2024-05-02 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Check out the companies making headlines in midday trading: Apple — Shares ticked up roughly 2% ahead of the iPhone maker's second-quarter results due after the closing bell. Wayfair said it lost 32 cents per share on an adjusted basis, narrower than the estimate of a loss of 44 cents from analysts polled by LSEG. Etsy reported adjusted earnings of 48 cents per share, while analysts polled by LSEG called for 49 cents a share. EBay said it expects revenue in the range of $2.49 billion to $2.54 billion, while analysts polled by LSEG forecast $2.56 billion. Qorvo now expects earnings of 60 cents to 80 cents per share, while analysts polled by FactSet expected $1.27.

Persons: Barry McCarthy, Wayfair, Cigna, DoorDash, Etsy, LSEG, Zillow, Qorvo, FactSet, — CNBC's Pia Singh, Tanaya Macheel, Samantha Subin, Hakyung Kim, Lisa Kailai Han, Alex Harring Organizations: Apple, —, Qualcomm, LSEG . Revenue, Moderna, LSEG, eBay —, EBay, Revenue

☆ Jim Cramer's thoughts on 5 stocks: Carvana, Etsy, Cigna, Wayfair, Trade Desk
▼ + stars: | 2024-05-02 | by ( ) www.cnbc.com time to read: +1 min

Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Carvana : Shares of the buying and selling online platform were soaring 35% on Thursday after a record first quarter. CEO Ernie Garcia realized, unlike Wall Street analysts had, that he was OK after getting the Apollo money, Jim Cramer said. Etsy : Shares of the online marketplace for handmade goods were sinking roughly 17% after an earnings miss. "That's all you needed" to push this stock lower, Cramer said.

Persons: Jim Cramer's, Ernie Garcia, Jim Cramer, He's, Josh Silverman, Cramer, Jefferies Organizations: CNBC, Club, Wall Street

☆ Tanger CEO explains the upside in replacing tenants and how outlets appeal to luxury brands
▼ + stars: | 2024-05-01 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Tanger CEO Stephen Yalof told CNBC's Jim Cramer on Wednesday why it can be more valuable to replace tenants instead of renewing leases. "We've traditionally, at least over the last couple of years, have renewed existing tenants at a rate of about 95%," Yalof said. He added that not renewing a tenant's lease doesn't mean Tanger is getting rid of them completely. Yalof also explained how Tanger appeals to luxury brands. Because "the customer is aspirational," he said outlets draw in new clientele that may not have considered these high-end brands otherwise.

Persons: Stephen Yalof, CNBC's Jim Cramer, Yalof Locations: Madison

Video transcript Back bars 0:00 / 0:44 - 0:00 transcript Columbia Protesters Occupy Building on Campus People inside barricaded the doors of Hamilton Hall with furniture. “Palestine will live forever.” “Go away, yo.” “Free, free Palestine.” “Free, free, free Palestine.” “Shut it down.” “Palestine will be free.” “Disclose, divest, we will not stop, we will not rest.” People inside barricaded the doors of Hamilton Hall with furniture. Credit Credit... Bing Guan for The New York TimesOutside the neoclassical building, protesters, many wearing helmets, safety glasses, gloves and masks, barricaded the entrance. Image Student protesters marching around the encampment on campus at Columbia University on Tuesday. So far, at least, a core of student protesters has vowed to stay put.

Persons: Columbia wasn’t, “, ”, Bing Guan, Alexander Hamilton, Bob Day, Columbia’s, ” Ben Chang, Sueda, ” “ We’ve, Leanne Abraham, Bing Guan Elga Castro, Castro, Chris Eisgruber, Nemat, Anna Betts, Eryn Davis, Tracey Tully, Karla Marie Sanford, John Yoon, Mike Baker Organizations: Police, California State Polytechnic University, Humboldt, Portland State University, Hamilton Hall, Columbia, Columbia Protesters, People, Hall, ”, New York Times, Treasury, Boeing, Portland Police Bureau, Columbia University, ., New York Times Columbia, Police Department, Columbia University Faculty, Broadway Low Library Columbia University, West, St . Columbia University New York, Butler Library Amsterdam, 114th, 114th St . Columbia University New York, Barnard College, New York University, Princeton University, Clio Hall, Princeton, Rutgers University’s Locations: Hamilton, Columbia, California, Oregon, Manhattan, Palestine, ”, Portland, Gaza . Columbia, St, St . Columbia University New York City, Butler, 114th St, Spanish, Gaza, New Jersey, Brunswick

☆ Meta's AI search is weird and uncanny — and I'm not sure who it's for
▼ + stars: | 2024-04-30 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +6 min

AdvertisementFacebook, WhatsApp, and Instagram have integrated Meta AI into the search fields of their mobile apps. The search bar in the Facebook and Instagram apps is one place you probably know very well. You come to the Facebook search bar to type in the name of your local Buy Nothing group, but instead, you see an animated blue circle with "Ask Meta AI anything." The search bar on the Facebook app now has AI prompts. Instagram search suggestions are slightly more Instagram-y.

Persons: Instagram, —, Meta, Pew, ike, .. F, els Organizations: Service, Facebook, Fast Company, rit, up id, Meta Locations: uri

Search resuls for: "Furniture"

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