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Here's why owning a timeshare may not be worth it
  + stars: | 2024-01-22 | by ( Ryan Baker | ) www.cnbc.com   time to read: +2 min
While the industry has grown more popular, it has come under fire, as owners often struggle to exit their contracts. "I could have retired if I had my money back from this, but I can't retire right now because of this situation that I'm in," said timeshare owner Sheila Wagner. The timeshare industry is valued at more than $10 billion. Some timeshare companies will take back the deed once a buyer has paid off their entire contract, but that is not always an option. Even after the timeshare is fully paid off, the owner is accountable for rising annual maintenance costs.
Persons: Sheila Wagner, Brian Rogers, Jeff Weir Organizations: American Resort Development Association, Timeshare, Better, Wyndham, Hilton Locations:
Tim Rogers, a sought-after New York hairstylist who fashioned gold-standard looks for a long list of notables, including Adele, Yoko Ono and Roger Federer, and commanded gold-standard prices to match, died on Nov. 3 at his home in Gaylordsville, Conn. His father, Ian Rogers, said the death came after a brief illness, which he did not specify. He worked with the renowned hairstylist Garren at his salon at the Henri Bendel department store on Fifth Avenue, and at the Sharon Dorram Color at Sally Hershberger salon on the Upper East Side, before partnering with Ms. Hershberger, another high-profile hairstylist, at a salon on West 26th Street in Manhattan in 2016. “Tim was able to sit with clients and determine exactly what would work best for their style,” Ms. Hershberger wrote in an email. “His overall style was very polished and classic and stylish, with a bit of playfulness — a prototypical British hairstylist, which was unique in New York.”Mr. Rogers became a fixture in the fashion world.
Persons: Tim Rogers, New York hairstylist, Adele, Yoko Ono, Roger Federer, Ian Rogers, Rogers, Garren, Henri Bendel, Sharon Dorram, Sally Hershberger, Hershberger, “ Tim, Ms, , ” Mr, Annie Leibovitz, Norman Jean Roy, Patrick Demarchelier, Kate Moss, Linda Evangelista, Diane Sawyer, Carey Mulligan, Mary, Kate, Ashley Olsen Organizations: New York, Vogue Locations: New, Gaylordsville, Conn, Britain, New York, Manhattan, British
The crypto industry has been rocked by the collapse of FTX. Big-name investors from Sequoia Capital to SoftBank dumped hundreds of millions of dollars into the company, making bets that are now worthless. Contagion from the debacle is already playing out, with crypto lender BlockFi now seeking bankruptcy protection after revealing lending exposure to FTX and Alameda. "Nothing's too big to fail," says Ian Rogers, chief experience officer of crypto security firm Ledger. Is it time to abandon crypto exchanges, or is there still a place for centralized firms in an industry that prides itself on decentralization?
LONDON, Dec 6 (Reuters) - Tony Fadell, a well-known Silicon Valley executive known as the father of the iPod, on Tuesday unveiled his latest project - a hardware wallet used to store cryptocurrency offline. Now Fadell has teamed up with Ledger, the French technology firm, to design a new offline cryptocurrency wallet. Previous models released by Ledger, such as the Nano S and Nano S, have been shaped like USB memory sticks. Fadell's new design, the Ledger Stax, is a credit-card sized device featuring a curved spine and electronic-ink display. The Ledger Stax will sell for $279 online from early 2023.
watch nowThe creator of the iPod, Tony Fadell, designed a new hardware wallet for people to store their cryptocurrency. The Ledger Stax sports a black-and-white E-ink display, similar to that of Amazon's Kindle e-readers. The Ledger Stax is the latest hardware crypto wallet from French startup Ledger. The Ledger Stax, which retails at $279, is available for preorder starting Tuesday and will start shipping in the first quarter of 2023, Ledger said. In 2018, during the last so-called "crypto winter," HTC launched the Exodus 1, a mid-range phone with a crypto wallet included.
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