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Tech moguls vary greatly in their choice of cars. Some favor luxury sports cars like McLarens, while other favor unassuming sedans like Ford Fusions. Here are some of the cars driven by the wealthiest of the tech world. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementThe world's most successful tech moguls have many things in common, but taste in cars isn't one of them.
Persons: , Sam Altman Organizations: Service, Business
But some have been quick to label Hanbury Camilla 2.0, claiming she had an affair with Prince William — an unsubstantiated rumor the 40-year-old noblewoman denied to Business Insider via her lawyers. AdvertisementBut if people found themselves easily buying into the prospect of another royal cheating scandal, relationship experts said it has nothing to do with Kate, William, or Hanbury. Prince William, Kate Middleton, and Rose Hanbury at Houghton Hall on June 22, 2016. Express Newspapers/Getty ImagesLundquist also said the ease with which people were quick to associate Hanbury with the "other woman" trope demonstrates how pervasive misogyny is. "In the case of both Camilla and Rose, the bad object in these instances is a woman," he said.
Persons: , Queen Camilla, Sarah Rose Hanbury, Hanbury Camilla, Prince William —, Kate Middleton's, Kate, William, William isn't, Matt Lundquist, Lundquist, Prince William, Kate Middleton, Rose Hanbury, Stephen Pond, Georgina Sturmer, Sturmer, Hanbury, we've, Adam, Henry VIII's, Anne Boleyn, Camilla, King Charles, Princess Diana, we're, Charles, Rose Organizations: Service, Business, Hanbury, Tribeca Therapy, Houghton Hall, Express Locations: Kensington, Hanbury, New York City
Rose Hanbury and David Cholmondeley live at Houghton Hall in Norfolk. Built in the 1720s, the 106-room estate is close to Prince William and Kate Middleton's home. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementHoughton Hall in Norfolk, England, is home to David Cholmondeley, the 7th Marquess of Cholmondeley, and his wife, Lady Sarah Rose Hanbury. Take a look inside the historic estate, which has been a center of arts and culture for centuries.
Persons: Rose Hanbury, David Cholmondeley, Prince William, Kate Middleton's, , Marquess of Cholmondeley, Lady Sarah Rose Hanbury, Kate, Kate's, Cholmondeley, Hanbury Organizations: Houghton Hall, Houghton, Service Locations: Norfolk ., Norfolk, England
Read previewThe collapse of the Francis Scott Key Bridge in Baltimore could have major effects on distribution and deliveries for businesses in the area. Baltimore's biggest bridge collapsed early on Tuesday morning after a cargo ship crashed into one of its support beams, prompting Maryland Gov. A spokesperson for Volkswagen said its operations were unaffected as its Baltimore facility was "located on the sea board of the bridge collapse." AdvertisementMcCormick, which manufactures spices and seasonings, said in 2020 that it expected its site at Tradepoint Atlantic to become its biggest distribution site. Local businesses prepare for ongoing disruptionThe Hard Yacht Cafe, located about a mile from the bridge, told BI that it wasn't yet clear how the collapse would affect its business.
Persons: , Francis Scott Key, Wes Moore, Kevin Cartwright, Neil Saunders, Baltimore's Francis Scott Key, Armour, McCormick, we're, Alexander DelSordo Organizations: Service, Maryland Gov, Baltimore Fire Department, Associated Press, Business, Bloomberg, Maryland Transportation Authority, Depot, FedEx, BMW, Volkswagen, Google, Amazon, Volkswagen Group, Audi, Lamborghini, Bentley, CBS, WJZ, Bay Locations: Baltimore, Port of Baltimore, Sparrows, Europe, Mexico, Hawkins
Late-night host Stephen Colbert wished Kate Middleton well in her battle with cancer Monday night. Colbert's remarks came after he amplified unsubstantiated theories about Kate's public absence. Colbert said he made jokes about Kate's absence because "everybody" was talking about it. AdvertisementStephen Colbert offered his "well wishes" to Kate Middleton while she undergoes treatment for cancer, two weeks after he lent credence to conspiracy theories about her public absence. Colbert, 59, responded to Kate's cancer diagnosis on Monday night's episode of "The Late Show."
Persons: Stephen Colbert, Kate Middleton, Colbert's, Colbert, , Prince William, Sarah Rose Hanbury Organizations: Service, Business
NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Now, he's trying to turn the company around by stepping up for a second stint at its helm. The sportswear brand said March 13 that Plank will take over its CEO role again more than four years after he left the position. The company has also struggled to define itself against competitors — most notably Nike.
Persons: Armour, , Kevin Plank, Plank, Stephanie Linnartz, Armour wasn't Organizations: Service, Nike, Armour
Read previewBefore Kate Middleton announced her cancer diagnosis on Friday, the internet speculated about her public absence for weeks. A manipulated photo fueled theories online. everyone deleting their Kate Middleton conspiracy theoriespic.twitter.com/VepqJG8Nxu — Justin Credible (@GravySauceCream) March 22, 2024Aware of how wrong they were, some people have poked fun at themselves for "spreading Kate Middleton misinformation" and liking false tweets about her. "Let this be a lesson to us all…dont wander into wild and ridiculous conspiracy theories," said X user Jamie Schler. "Two things can be true: Cancer is awful, and the Kate Middleton reality is very sad," said X user Mel Woods.
Persons: , Kate Middleton, Middleton, Prince William, Rose Hanbury, Blake Lively, Ben Yahr, Stephen Colbert, John Oliver, Oliver, Colbert, Singer, VepqJG8Nxu, Justin, Jamie Schler, King Charles, Mel Woods Organizations: Service, Business, BBL
As some social media users pointed out, rumors about Hanbury's relationship with William aren't new. Prince William and Rose Hanbury. Pool/Samir Hussein/WireImage, Max Mumby/Indigo/Getty ImagesWhile The Independent's post led to social media chatter about whether Kate's step back from the public is related to an alleged relationship between William and Hanbury, rumors of an affair first surfaced in 2019. No British tabloid, including The Sun, went on to publish articles about a rumored affair, which led to the Daily Beast reporting that the palace threatened legal action against publications that covered it. The rumor mill slowed down significantly after 2019, likely thanks to the royals' long-held "never complain, never explain" PR strategy.
Persons: William aren't, Prince William, Rose Hanbury, Pool, Samir Hussein, Max Mumby, William, Hanbury, Princess, Wales, Moi, Omid Scobie Organizations: Cosmopolitan, British, Sun, Daily, Deux Moi, Entertainment
Dollar Tree said it will close nearly 1,000 Family Dollar stores — some closures are imminent. Analysts say the chain has been a nightmare acquisition for Dollar Tree. AdvertisementWhen Dollar Tree announced it would acquire Family Dollar nearly 10 years ago, its then-CEO Bob Sasser described it as a "transformational opportunity." "With the acquisition of Family Dollar Stores, Dollar Tree will become a leading discount retailer in North America," he said. Analysts have described Family Dollar as the problem child of Dollar Tree and say it's generally been a drag on company earnings.
Persons: , Bob Sasser Organizations: Analysts, Service, Dollar, Business Locations: North America
Costco's longtime CFO once said the chain would offer its $1.50 hot dog deal forever. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIt appears that Costco's $1.50 hot dog-and-soda combo may not be safe forever after all. Galanti — who has fiercely defended its $1.50 price point and confidently stated in a 2022 earnings call that it would stay this way "forever" — appeared to offer a more cautious outlook on its future this week.
Persons: Costco's, , Richard Galanti, Galanti —, David Fuller Organizations: Service, Bloomberg, Costco, Business
Temu reportedly spent nearly $2 billion on ads on Meta last year, per WSJ. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTemu reportedly spent nearly $2 billion on ads on Meta in 2023. One source told the Journal that Meta staffers joked that Temu has spent so much on ads on its platforms that it should thank the company by rewarding it with one of its own gift cards.
Persons: Temu, Organizations: Meta, Analysts, Service, Wall Street Journal, Business
Jeff Bezos and Lauren Sánchez recently attended men's fashion week in Milan. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementIf you want to know how to nail down the "mob wife" look that's going viral on social media, you'd be wise to take tips from Jeff Bezos' partner, Lauren Sánchez. His fiancée, meanwhile, was peak "mob wife" — wearing a sheer, floor-length black lace Dolce & Gabbana dress for the evening event. Robino Salvatore/GC ImagesThe "mob wife" fashion trend, which is the antithesis of 2023's "quiet luxury" aesthetic is all about opulence.
Persons: Jeff Bezos, Lauren Sánchez, Bezos, Sánchez, , you'd, Robino Salvatore, Robert Armstrong, Armstrong, — Warren Buffett, Elon Musk Organizations: Service, Dolce, Gabbana, Amazon Locations: Milan
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Wooden blinds covered the windows, and the store was so dimly lit that you could barely see what was inside. Under the leadership of Fran Horowitz, who's been the brand's CEO since 2017, Abercrombie has undergone drastic changes. AdvertisementIn January, Abercrombie increased its fourth-quarter sales and its 2023 outlook. I've visited Abercrombie and Fitch stores to see why millennials have fallen back in love with the clothing brand.
Persons: , Fitch, Abercrombie, millennials, Fran Horowitz, who's, Neil Saunders, Horowitz, I've, Jennifer Ortakales Dawkins Organizations: Service, Abercrombie, Business, GlobalData, Revenues, Nvidia, Fitch Locations: cologne
Woods' career once looked over, but he made a stunning comeback by winning the Masters a fifth time and may become a regular on the senior tour in a few years. He's one of the highest-paid athletes ever and, according to Forbes, is now a billionaire. Woods spends his money on yachts, private jets, and megamansions off the course. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy .
Persons: Woods, , Tony Manfred, Mary Hanbury Organizations: Forbes, Service, PGA
In 2020, Lana Del Rey described the chain as "a happy place." Other stars like John Mayer and Ryan Seacrest have also touted their love for Costco. AdvertisementFrom former presidents to the music industry's biggest names, even celebrities are known to shop at Costco. In 2020, Lana Del Rey shared a series of photos from a recent trip to Costco, calling it "a happy place." Here are 15 celebrities who love shopping at Costco.
Persons: Lana Del Rey, John Mayer, Ryan Seacrest, , Billie Eilish Organizations: Costco, Service
Jeff Bezos' fiancee described the couple's morning routine in an interview with Vogue. It begins with coffee, and she uses a mug Bezos got her from Amazon. The mug says "Woke up sexy as hell again" on the side, she said. She revealed two key things (among others, admittedly): first, that Bezos uses his own product and shops on Amazon. Lauren Sánchez, who has been dating Bezos since at least 2019 when the couple went public, described their morning routine in the interview.
Persons: Jeff Bezos, , Bezos, Lauren Sánchez, Sánchez Organizations: Vogue, Service, Amazon
Hedge fund manager Crispin Odey uses his phone outside of Hendon Magistrates' Court whilst facing one charge of indecent assault, in Hendon, London, Britain February 17, 2021. REUTERS/Toby Melville/ File Photo Acquire Licensing RightsLONDON, Oct 31 (Reuters) - Odey Asset Management, one of Britain's best known hedge funds, will shut, it said on Tuesday in a statement on its website, less than six months after its founder faced fresh allegations of misconduct. Crispin Odey, 64, was ousted in June from Odey Asset Management (OAM), which he founded in 1991, after the Financial Times and Tortoise Media reported that 13 women had alleged that he had sexually assaulted or harassed them. Where each fund manager would move, or if their fund was closed without finding an alternative home, was detailed on the hedge fund's website. No new fund manager for Sophia Whitbread, the only female portfolio manager listed, was named.
Persons: Crispin Odey, Toby Melville, Odey, James Hanbury, Jamie Grimston, Oliver Kelton, Freddie Neave, Geoffrey Marson, Canaccord Genuity, Adrian Courtenay, Green, Sophia Whitbread, Peter Martin, Nell Mackenzie, Alun John, Mark Potter Organizations: Hendon Magistrates, REUTERS, Odey, Management, Odey Asset Management, Financial Times, Tortoise Media, Asset Management, Lancaster Investment Management, Reuters, Inc, Bainbridge Partners, Thomson Locations: Hendon, Hendon , London, Britain, S.W, Mitchell
Crocs launched its new $120 cowboy boots on Monday. The American brand, which reinvented the modern-day clog, released a limited edition pair of $120 cowboy boots online this week. AdvertisementAdvertisement"Our goal is not to make the haters love the brand," Crocs CEO Andrew Rees told Insider back in 2019 at the height of the "ugly fashion" movement. "It's to exploit that extrinsic tension because it creates opportunity, it creates PR, it creates media, it creates interest. AdvertisementAdvertisement"STOP SENDING ME THE CROCS COWBOY BOOTS !
Persons: Crocs, , Andrew Rees, Z, Heidi Cooley, Cooley, crocs couldn't Organizations: Service, KFC, The New York Times, SPURS
Dollar General is trying to cut down on excess inventory to tame its messy stores. "We believe it will drive traffic and also more quickly reduce excess inventory," Owen said on the call. To clean up its stores, Dollar General is also deploying "smart teams," or groups of employees who move between multiple stores to organize excess inventory, Owen said. Aisles at many Dollar General stores have been clogged with everything from dog food to school supplies over the last few years. That's led to multiple problems, such as local fire marshals closing Dollar General stores because merchandise is blocking fire exits.
Persons: Jeff Owen, Owen, Neil Saunders, That's Organizations: Service, Dollar, GlobalData Retail, Employees Locations: Wall, Silicon, Texas
Brunello Cucinelli, the poster child of the "quiet luxury" movement, is booming. "Quiet luxury" has been dominating the fashion world and shows no signs of losing steam. It's about quiet luxury. AdvertisementAdvertisementQuiet luxury or "stealth wealth" has been a leading movement, and trend, in fashion this year. In China, quiet luxury has taken on new meaning, experts say, to become a status symbol for the ultra-rich.
Persons: Brunello Cucinelli, Tom Ford, Lorna Hall, Amrita Banta Organizations: Service, Research, Strategy Locations: Wall, Silicon, Brunello, China
And rich Chinese people are leaning in, ditching "logo hunting" in favor of elegance, experts say. In a similar vein to the US and Europe – the "quiet luxury" aesthetic has emerged as a reaction to the economic climate. Chinese social media's got quiet luxury down to a sciencePeople have posted tutorials and photos on the “laoqian” style on China’s Pinterest-like site, Xiaohongshu. XiaohongshuTo be sure, there's being rich and looking rich, and the latter is where it's at on Chinese social media. WeiboSome influencers have also uploaded video tutorials on the "laoqian" style, to guide people on how best to dress for success.
Persons: that's, Dior, Gucci, Louis, Rich, Tom Wambsgan, Chukrut, you've, Javier Gonzalez Lastra, it's, Xi Jinping's, Milton Pedraza, Pedraza, media's, you'll, Richemont, Louis Vuittons, Thomaï Serdari, Joe, they're Organizations: Service, Bain, Co's, Burberry, Louis Vuitton, Getty, West, Ivy League, China Morning Post, Crazy, Luxury Institute, Twitter, NYU's Stern School of Business Locations: China, Wall, Silicon, America, bucketloads, Shanghai, Europe, Tema, Nanjing, Nikada, Beijing, Weibo
Coach owner Tapestry is buying Capri Holdings, the parent company of Michael Kors, for $8.5 billion. The new deal gives Tapestry greater influence in the luxury market and could bolster growth internationally. Capri is the parent company of well-known fashion brands Michael Kors, Versace, and Jimmy Choo. And it could give Tapestry greater influence in the luxury market to take on European powerhouses LVMH and Kering, which own a string of luxury brands including Louis Vuitton, Tiffany's, and Gucci. By acquiring Capri, Tapestry will add three well-known luxury brands to its roster.
Persons: Tapestry, Michael Kors, Kate Spade, Versace, Jimmy Choo, Louis Vuitton, Gucci, Neil Saunders, it's Organizations: Capri Holdings, Service, GlobalData Locations: Wall, Silicon, Tiffany's
New technology and the rise of online shopping has made it easier for scammers to sell fakes. These are the top tips to avoid buying a fake online. The rise of online shopping, particularly during the pandemic, fueled the market for counterfeit products. Here are six tips from experts on what to watch out for when you're shopping online:1. If you see any of these warning signs, the product very well could be fake," the IACC warns online.
Persons: Joe Simone, DK Lee, Jen Hanks, Lee, It's, Ben T, Smith IV, Kearney, Simone, Bob Barchiesi, Insider's Hillary Hoffower, Smith, it's Organizations: Service, Economic Co, Trade, eBay, Walmart, American Apparel & Footwear Association, Amazon, International Anticounterfeiting Coalition Locations: Wall, Silicon, Hong Kong
The glut came after companies began to stockpile chips amid the shortage to build up inventories. From profit boost to income plungeThe pandemic-induced shortage of semiconductors helped boost chip makers' profits as prices jumped. Meanwhile, SK Hynix swung to a loss in the second quarter versus a profit in the same period last year. Taiwan Semiconductor Manufacturing Company, the world's largest chipmaker, said last week that net income for the second quarter fell 23.3% from a year ago. Looking ahead, the PC market appears weak, which is likely to impact Samsung, SK Hynix and Micron.
Persons: Wong Yu Liang, Peter Hanbury, Hanbury, Sze Ho Ng Organizations: Bain & Company, CNBC, Samsung, SK Hynix, Micron, Taiwan Semiconductor Manufacturing Company, China Renaissance Securities Locations: oversupply
June 30 (Reuters) - Odey Asset Management (OAM) has proposed to restructure two of its key funds, according to letters to investors reviewed by Reuters, as part of efforts to extract founder Crispin Odey from the business after several assault and harassment allegations surfaced against him. The London-based investment firm is planning to switch shareholders' investments in the OEI Mac and Odey European funds to two new funds, which would then be rehoused under a new firm, the letter added. Freddie Neave, who took over managing OEI Mac and Odey European from Crispin Odey three weeks ago, would run the new funds and leave to work at the new firm. "It is expected that Crispin Odey would not switch to the new fund and would remain in the existing fund," OAM said in both letters. The firm the alternative to this proposal would be to compulsorily redeem investors in the funds.
Persons: Crispin Odey, Freddie Neave, OEI, James Hanbury, Odey, Carolina Mandl, Juby Babu, Shweta Agarwal, Nick Zieminski Organizations: Odey, Management, Reuters, OEI Mac, Lancaster Investment Management, Financial Times, Tortoise Media, Thomson Locations: London, New York, Bengaluru
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