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☆ Sony and Apollo in Talks to Acquire Paramount
▼ + stars: | 2024-05-05 | by ( Benjamin Mullin | Lauren Hirsch | ) www.nytimes.com time to read: +1 min

Paramount has decided to formally open negotiations with a bidding group led by Sony Pictures Entertainment and the private equity giant Apollo, according to three people familiar with the matter. The move comes after a period of exclusive talks with the Hollywood studio Skydance lapsed on Friday night. A special committee of Paramount’s board of directors met Saturday and signed off on beginning deal talks with Sony and Apollo, which last week submitted a letter of interest valuing the company at $26 billion, the people said. The committee also decided to push for further negotiations with Skydance, a studio founded by the technology scion David Ellison. Any deal between the Sony group and Paramount faces hurdles.

Persons: David Ellison Organizations: Paramount, Sony Pictures Entertainment, Hollywood, Sony, Skydance, Nickelodeon, MTV, CBS, Paramount Pictures Locations: Japan, United States

☆ 62% of parents feel burnt out, study shows: 3 tips to manage the stress
▼ + stars: | 2024-05-05 | by ( Aditi Shrikant | ) www.cnbc.com time to read: 1 min

But, the often-invisible work of parenting can take just as much of a toll on one's mental health as a paid job. In fact, 62% of parents feel burned out by their responsibilities as a parent, according to a new survey by The Ohio State University Wexner Medical Center. This burnout can lead many caretakers to self-isolate, as they don't feel like they have the energy to maintain relationships outside their family. Two out of three parents say the demands of parenthood sometimes or frequently make them feel lonely, according to the survey. To curb burnout at home and in the workplace, take these three steps.

Persons: Mercedes Samudio Organizations: The Ohio State University Wexner Medical, CNBC

☆ I was a single parent in the 90s. It was hard to make adult connections, and sometimes I wish I had had social media.
▼ + stars: | 2024-05-05 | by ( Jill Robbins | ) www.businessinsider.com time to read: +5 min

Looking back, I think being a single mom was hard. However, I think today's solo parents have a more difficult time due to the pressures of social media. We adopted our boys in 2012 and 2013, and there was a Facebook mom group for everything. I sometimes wonder how my experience parenting my daughter in the 90s would have been made better or worse by the presence of social media. My experience with Facebook mom groups has taught me that they're mostly a place of judgment and one-upmanship.

Persons: I'm, else's, I've, Amelia Bedelia Organizations: Technology Locations: what's

☆ How previous investing mistakes are shaping my thinking on the latest stock gone wrong
▼ + stars: | 2024-05-05 | by ( Jim Cramer | ) www.cnbc.com time to read: +19 min

Three times a day we would gather "off the desk," and I would have to defend every stock we owned. First, there's the obvious mistakes that we have made: Bausch Health and Foot Locker . To signify the changes, he renamed it Bausch Health in 2018, after the eye-care company Valeant bought for $8.7 billion five years earlier. We thought the IPO market would come back, and Bausch Health would win the lawsuit and all would be back on track. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jeff Marks, Karen Cramer, Cramer, Karen, Max Palevsky, It's, Joseph Papa, Clint Eastwood, Papa, Jim Cramer, Valeant, Bausch, Locker, Mary Dillon, Dillon, Wall, Emerson, Cristiano Amon, Laxman Narasimhan, Howard Schultz, Narasimhan, Benckiser, Kevin Johnson, Schultz, Johnson, it's, —, Foot Locker, Jim Cramer's, Jim Organizations: Cramer &, Intel, Charitable Trust, Co, Starbucks, Bausch Health, Pharmaceuticals, Perrigo, Health, Norwich Pharmaceuticals, Former, Emerson Electric, Qualcomm, National, Eaton Corp, Broadcom, Palestine, PepsiCo, Nestle, Elliott Management, Emerson, CNBC, Getty Locations: China, —, Israel, U.S, BHC, FL, Jinan, East China's Shandong province

☆ How to Choose a College: Go Where You Don’t Fit In - The New York Times
▼ + stars: | 2024-05-05 | by ( Michael S. Roth | ) www.nytimes.com time to read: +2 min

This time of year, college campuses like the one where I live fill up with high school seniors preparing to make what feels like a momentous choice. “Nope.”Choosing a college based on where you feel comfortable is a mistake. The most rewarding forms of education make you feel very uncomfortable, not least because they force you to recognize your own ignorance. Either way, a college education should enable you to discover capabilities you didn’t even know you had while deepening those that provide you with meaning and direction. And that’s why it’s inspiring to see Muslim and Jewish students camped out together to protest a war they think is unjust.

Persons: “ Locations: Gaza

☆ See inside this 'ghost' whisky distillery in Scotland that's back from the dead
▼ + stars: | 2024-05-05 | by ( Alexandra Bacon | ) www.businessinsider.com time to read: +2 min

Port Ellen Distillery has been a 'ghost' distillery for 40 years, inactive but with available stock. We visited the Port Ellen on it's reopening day, take a look inside. But that doesn't stop it from being a key piece of the billion-dollar scotch whisky industry. Scotch whisky is easy to find on the island; there are even cases lining the airport waiting room. We visited Port Ellen on the day it reopened in March to find out why people pay thousands of dollars for its single-malt Scotch whisky.

Persons: Ellen, It's, Port Ellen, —, Scotland — Organizations: Port, Service, Diageo Locations: Islay, Scotland, Port

☆ AI could drive a natural gas boom as power companies face surging electricity demand
▼ + stars: | 2024-05-05 | by ( Spencer Kimball | ) www.cnbc.com time to read: +10 min

AI data centers alone are expected to add about 323 terawatt hours of electricity demand in the U.S. by 2030, according to Wells Fargo. The forecast power demand from AI alone is seven times greater than New York City's current annual electricity consumption of 48 terawatt hours. The natural gas industry is betting gas will serve as the preferred choice. Coal plant retirements and data centers could result in 6 bcf/d of new natural gas demand in EQT's backyard by 2030, the CEO said. The level of electricity demand could help lift natural gas prices out of the doldrums.

Persons: Kena, Goldman Sachs, Robert, Richard Kinder, Kinder Morgan, Kinder, Roger Read, Wells, Goldman, Toby Rice, Rice, CNBC's, Christopher Womack, Robert Blue, EQT, Jeremy Knop, Knop, Blue, Read, Lynn, Zack Van Everen, Robert Kinder Organizations: Linden, View Press, Getty, Amazon, Google, Microsoft, Meta, Rystad Energy, Robert Blue Dominion Energy, Gas, Holt, Co, EQT Corp, U.S ., Dominion Energy, Georgia Power, Southern Company, Dominion, Renewables, CNBC, Lynn Good, Energy Locations: Linden New Jersey, U.S, Wells, Wells Fargo, New York, Houston, Pickering, Northern Virginia, Georgia, Appalachian, Virginia, Gulf

☆ Many Gen Zers in their 'decisive decade' are leaving school and struggling to find work. They're part of America's disconnected youth.
▼ + stars: | 2024-05-05 | by ( Allie Kelly | Noah Sheidlower | ) www.businessinsider.com time to read: +9 min

Read previewYoung Americans are feeling increasingly isolated from their offices and classrooms, and these "disconnected youth" — or "opportunity youth" — may be ill-positioned for the future. Loneliness and a tough job market are leaving many Gen Zers feeling stuck, isolated, and unsupported. In fact, they're members of the disconnected youth — defined as Gen Zers who are not in school and not working. Disconnected youth are at risk of long-term stagnationMost Gen Zers — who are between the ages of 12 and 27 — are in this decisive decade. How to help disconnected youthAlthough many disconnected youth struggle with school and work, researchers cautioned against a "one size fits all" solution.

Persons: —, Gen Zers, Richard Reeves, Reeves, Zers, aren't, Zers —, Jonathan Zaff, Ian Rowe, Lara Aknin, Zaff, Zer, isn't Organizations: Service, Brookings, Business, Federal Reserve Bank of Dallas, National Center for Education Statistics, Boston University, American Enterprise Institute, Partnership Locations: North America, Brookings

☆ I'm a stay-at-home mom, raising 3 kids while also working part-time. I wake up at 3 a.m. to get everything done.
▼ + stars: | 2024-05-05 | by ( Stephanie Mickelson | ) www.businessinsider.com time to read: +5 min

I'm primarily a stay-at-home mom, which means I make lots of snacks, go on lots of playdates, and drink lots of coffee. AdvertisementWhenever I outline my morning routine, people look at me like they're not sure I'm telling the truth. AdvertisementI've learned to optimize my morning routineMy routine has evolved over the five years I've been a stay-at-home mom and freelance writer. I'm naturally a morning person, so getting up early isn't much of a stretch, but I hate working after the kids go to bed. I'm not sure how often I'll get up at 3 a.m., but I'll also be heading to fewer storytimes and playdates.

Persons: they're, I've, I'm Organizations: Service, Business, YouTube

☆ Google's former CEO lists $24.5 million mansion in most expensive ZIP code in the US
▼ + stars: | 2024-05-04 | by ( Ana Altchek | ) www.businessinsider.com time to read: +1 min

Eric Schmidt, Google's ex-CEO, is selling his Atherton mansion for $24.5 million. The property, located in the most expensive US zip code, includes a main home and a guest house. AdvertisementGoogle's former CEO, Eric Schmidt, and his wife, Wendy, are selling their Atherton mansion for $24.5 million. Schmidt's current net worth is estimated at around $23.9 billion, according to Forbes' ranking. Since leaving his role as CEO, Schmidt turned his focus to tech investments and philanthropy.

Persons: Eric Schmidt, Google's, Atherton, Schmidt, —, Wendy, Forbes Organizations: Service, Google Locations: Atherton

☆ A Ukrainian war reporter's story: Why I refused to make a 'deal with the devil'
▼ + stars: | 2024-05-04 | by ( Cameron Manley | ) www.businessinsider.com time to read: +7 min

He was a student at Mariupol State University in 2014 when war broke out in the Donbas, and Russia annexed the Crimean peninsula. "I refused to make a deal with the devil. Ponomarenko said he believes the war has "shown what ordinary people are capable of" and has helped reveal "their true selves," pointing to Ukrainian President Volodymyr Zelenskyy as evidence. AdvertisementCapturing it would put Russian forces within striking distance of Ukrainian operational and supply centers in the area. "Bucha was the greatest moment for me because it shows that life prevails," Ponomarenko said.

Persons: —, Ponomarenko, Viktor Yanukovych, Libkos, Rushing Organizations: Service, Mariupol State University, Business, Kyiv, Kyiv Independent Locations: Volnovakha, Ukraine's, Donetsk, Russia, Kyiv, Dnipro, Avdiivka, Ukraine

☆ My 2 children came out as trans. Nothing could've prepared me for what they have gone through.
▼ + stars: | 2024-05-04 | by ( Liv Styler | ) www.businessinsider.com time to read: +6 min

My children came out to me one summer; they both started HRT to help with their body dysmorphia. I worry about the dangers of being trans in this world, but I am trying to be courageous. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Both of my kids came out one summerI've always considered myself to be someone who could handle or adapt to anything. While I can't say HRT has been the cure-all, I can say that it has made a monumental change in their self-esteem and their confidence.

Persons: —, I'm, We're LatinX Organizations: HRT, Service, It's Locations: —

☆ 3 reasons your teens and 20s are 'the decisive decade'
▼ + stars: | 2024-05-04 | by ( Allie Kelly | ) www.businessinsider.com time to read: +6 min

And there are three key reasons Gen Zers' decisive decade will shape their ongoing mental and financial health. Unhappiness can shape long-term mental healthGen Zer's mental health outcomes are shaped by their involvement in school and work, Brookings researchers said. AdvertisementAt work, many Gen Zers are struggling with anxiety, work-life balance, and burnout — more so than millennials, Gen X, and boomers. Unhappiness and social isolation are especially affecting Gen Zers who reached adolescence during the pandemic. Not all Gen Zers start on equal footingTo be sure, Gen Zers' education, work, and financial outcomes are also dependent on their life circumstances in childhood.

Persons: —, Zers, Gen Zers, Ian Rowe, Gen X, Lara Aknin, it's, Zer, isn't Organizations: Service, Pew, Business, Brookings Institution, Brookings, Urban Institute, American Enterprise Institute, Research Locations: America, Brookings

☆ Star Wars was the first Lego license — 25 years later, it's stronger than ever
▼ + stars: | 2024-05-04 | by ( Sarah Whitten | ) www.cnbc.com time to read: +7 min

Star Wars Lego models are seen at the Bricks & Figs museum in Krakow, Poland, on April 15, 2023. A design director at the Denmark-based Lego company, he has spent the past 25 years creating Lego Star Wars sets. Now, Lego Star Wars has become a blueprint for the company's other brand deals — think Harry Potter, Batman and Marvel's Avengers. The Lego Star Wars collaboration came at a time of financial turmoil for Lego. Lego Icons, Lego Technic, Lego City and Lego Harry Potter also performed well.

Persons: Jens Kronvold Frederiksen, Frederiksen, Darth Vader, Harry Potter, Jill Wilfert, Wilfert, It's, Paul Southern, Shirlaine Forrest, " Frederiksen, we're, Southern, We've Organizations: Anadolu, Getty, Star, CNBC, Disney, Epic Games, Lego Star, Lego, Force, Manchester Central, Imperial, Star Wars, Lucasfilm, Walt Disney Company, Lego Star Wars, Warner Bros, Games Locations: Krakow, Poland, Denmark, Lego, Manchester, England

☆ Warren Buffett's company dumped stocks and grew its cash pile to a record $189 billion last quarter
▼ + stars: | 2024-05-04 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +2 min

Warren Buffett's Berkshire Hathaway grew its cash pile to a record $189 billion last quarter. Berkshire dumped a net $17 billion of stocks, and boosted its buyback spend to $2.6 billion. The famed investor's Berkshire Hathaway raised its stockpile of cash and Treasury bills by $21 billion to a record $189 billion — a 13% increase in just three months. Related storiesThe centibillionaire and his team only spent $2.7 billion on stocks last quarter, while they dumped $20 billion worth, marking their largest quarterly disposal in several years. AdvertisementBerkshire's net stock sales totaled $24 billion in 2023, which was a big turnaround from its purchase of $34 billion of stocks on a net basis in 2022.

Persons: Warren, Berkshire Hathaway, —, Buffett, NetJets Organizations: Berkshire, Service, BNSF Railway, Travel Centers Locations: Woodstock

☆ When I was a single parent, I introduced my new partner and kid quickly. I'd do it more slowly if I were single again.
▼ + stars: | 2024-05-04 | by ( Stephanie Kaloi | ) www.businessinsider.com time to read: +5 min

I introduced him to my son fairly quickly, and if I was single again, I might do it differently. 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 . If you're in love and you have a kid you love, naturally, you want both of your loves to love each other, right? I had spent over a decade married to one person, and was very much still in a marriage mindset when I met my partner.

Persons: —, I'd, Gwyneth Paltrow, Brad Falchuk didn't Organizations: Service

☆ I'm pregnant at 47. It's not how I once pictured things, but it was the right path for me.
▼ + stars: | 2024-05-04 | by ( Heather Grossmann | ) www.businessinsider.com time to read: +5 min

That was eight years ago and followed an egg-freezing debacle that made it blindingly clear my path to parenthood would be circuitous, at best. @#$" — assumedly a stand-in for an expletive and, as it turned out, a very accurate foreshadowing of what was to come. Being pregnant at my age has proven a challenge, in more ways than oneNow, at 47, I am eight months pregnant and nearly downright blissful. AdvertisementLast summer, following two surgeries (one nearly killed me) for uterine fibroids, I was finally ready to go. The truth is, there was no other path to parenthood for me.

Persons: — Organizations: Service, Central, Business

☆ Valerie Bertinelli says Eddie Van Halen was ‘not a soulmate’
▼ + stars: | 2024-05-03 | by ( Lisa Respers France | ) edition.cnn.com time to read: +1 min

CNN —Valerie Bertinelli is getting real about her relationship with late rocker Eddie Van Halen. The actress and culinary TV show host reflected on their time together in a video shared on Instagram. She said watching their son, Wolfgang Van Halen, in an episode of “Behind the Music” was “not easy.”“I’d stopped it many times because it was just too brutal to watch for many reasons. I made a lot of mistakes.”Bertinelli had a tumultuous marriage to Van Halen from 1981 to 2007, in part due to his substance abuse problems. Van Halen was married to actress Janie Liszewski from 2009 until his death.

Persons: Valerie Bertinelli, Eddie Van Halen, Wolfgang Van Halen, “ I’d, ”, ” Bertinelli, Van Halen, Wolfie, Tom Vitale, Mike Goodnough, Janie Liszewski Organizations: CNN

The U.S. government’s landmark antitrust trial against Google’s search business is nearing its conclusion. Under the Trump administration, the Justice Department and the Federal Trade Commission started investigating Amazon, Apple, Google and Meta, the parent company of Instagram and WhatsApp, for monopolistic behavior. The government has since sued all four companies — Google twice — in what it says is an effort to rein in their power and promote more competition. Closing arguments wrap up on Friday in Google’s first antitrust suit on allegations that it has a monopoly in internet search. and 17 states sued Amazon, accusing it of protecting a monopoly by squeezing sellers on its vast marketplace and favoring its own services.

Persons: Trump Organizations: U.S, Justice Department, Federal Trade Commission, Apple, Google, Big Tech, Amazon Locations: Google’s

☆ Sofia Vergara doesn't want more kids at 51: 'There is a reason why nature is doing that'
▼ + stars: | 2024-05-03 | by ( Amanda Goh | ) www.businessinsider.com time to read: +3 min

Sofia Vergara, 51, says she doesn't want more kids due to her age and lifestyle. "There's things in life that might sound like good ideas, but they're not," Vergara told People. AdvertisementSofia Vergara, 51, says she doesn't want more kids at her age because she can't give them her all. AdvertisementIn January, Vergara told Spanish newspaper El País their marriage ended because Manganiello wanted kids, but she didn't. "I had a son at 19, who is now 32, and I'm ready to be a grandmother, not a mother," Vergara said.

Persons: Sofia Vergara, they're, Vergara, Griselda, Joe Manganiello, —, I'm, Manolo, Joe Gonzalez, Gonzalez, Manganiello, " Vergara Organizations: Service, Spanish, El

☆ Eva Mendes says she didn't have the confidence to raise kids in her 20s
▼ + stars: | 2024-05-03 | by ( Amanda Goh | ) www.businessinsider.com time to read: +3 min

Read previewEva Mendes, 50, thinks it's a good thing she had kids later in life. Mendes spoke about motherhood and aging in an interview with People and shared that she didn't have the confidence to raise children in her 20s. I definitely could not have raised kids in any other era of my life but now," Mendes said. AdvertisementShe added that while her decision to have kids later in life caused a lot of buzz, she has no regrets. Mendes isn't the only celebrity who decided to have children later in life.

Persons: —, Eva Mendes, it's, Mendes, Esmeralda, Ryan Gosling, Gosling, Mendes isn't, Hilary Swank, Naomi Campbell, Sofia Vergara, Joe Manganiello, Griselda, I'm, Vergara Organizations: Service, Business

☆ Auditor That Works for Trump Media Is Charged With Fraud
▼ + stars: | 2024-05-03 | by ( Matthew Goldstein | More About Matthew Goldstein | ) www.nytimes.com time to read: +1 min

An accounting firm that audits the financial statements of hundreds of public companies including former President Donald J. Trump’s social media company can no longer do so, U.S. securities regulators said on Friday. The Securities and Exchange Commission charged the firm, BF Borgers, with fraud, saying that it had failed to comply with accounting rules. The regulator held BF Borgers and its owner, Benjamin F. Borger, responsible for “deliberate and systemic failures” to comply with accounting rules. Many companies that used BF Borgers must now find new auditors. Trump Media & Technology Group, the parent company of the Truth Social platform, has been a client of BF Borgers since 2022, according to regulatory filings.

Persons: Donald J, BF, Benjamin F, Borgers Organizations: Securities, Exchange Commission, Trump Media & Technology Group, Trump Media Locations: U.S, Borger

☆ Jim Cramer says Alphabet is a buy and the most undervalued large tech stock
▼ + stars: | 2024-05-03 | by ( Jeff Marks | ) www.cnbc.com time to read: +6 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Jim Cramer suggested some of Apple's AI commentary Thursday night could be a factor in the Google parent's stock move. We continue to believe the market is underappreciating Coterra's ability to pullback production in natural gas in favor of oil. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

Persons: Jim Cramer, That's, Jim, Tom Jorden, Jorden, Nelson Peltz, Peltz, Jim Cramer's Organizations: CNBC, Apple, Conference, Nasdaq, Google, Federal Reserve, Institute for Supply, Coterra Energy, Diamondback Energy, Cinco, Cinco de Mayo, Constellation Brands, Corona, Modelo, Disney, Jim Cramer's Charitable Locations: U.S, Cinco de

☆ Restaurants are competing for frugal diners’ dollars
▼ + stars: | 2024-05-03 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

For some restaurants, it feels like a battle to get them to spend. Olive Garden-parent Darden Restaurants saw same-restaurant sales dip during its most recent quarter. Darden saw sales from households with incomes above $150,000 climb from the prior year. What to expect in Friday’s jobs reportThe US job market has been on a roll for the past three years. That’s about 25,000 more jobs per month than last year and 111,000 more per month than in 2019.

Persons: ”, Laxman Narasimhan, “, we’ve, Ian Borden, Ricardo Cardenas, Scott Sheffield, “ Mr, —, Matt Egan, Read, Alicia Wallace, ” Julia Pollak, ZipRecruiter Organizations: CNN Business, Bell, New York CNN, Starbucks, Darden, OPEC, Federal Trade Commission, Sheffield, Organization of, Petroleum, Saudi Arabia, Regulators, Pioneer Natural Resources, CNN, of Labor Statistics Locations: New York, China, Olive, American, Saudi, Sheffield, Texas, OPEC, Russia

☆ TikTok Tells Advertisers: ‘We Are Not Backing Down’
▼ + stars: | 2024-05-03 | by ( Sapna Maheshwari | ) www.nytimes.com time to read: +1 min

Hundreds of advertisers, including major brands like L’Oreal and Victoria’s Secret, flocked to the Lower East Side on Thursday night for TikTok’s annual spring pitch to marketers. It had been about a week since President Biden signed a law that says TikTok must be sold from its Chinese parent company or face a potential ban, and marketers were champing at the bit to hear TikTok’s thoughts. Blake Chandlee, TikTok’s president of global business solutions, kicked off the evening by thanking advertisers for their “tremendous support and trust” and said that the company considered the law unconstitutional and would challenge it in court. “We believe the facts and the law are clearly on our side and that we will ultimately prevail,” Mr. Chandlee told more than 300 attendees, some of whom couldn’t find chairs in the crowd. “I want you to know we are not backing down.”But for the rest of the roughly 45-minute presentation, which took place in a large gallery with the fuchsia and light blue lights of TikTok’s logo, it was business as usual.

Persons: Biden, Blake Chandlee, ”, “, Mr, Chandlee, couldn’t, Madison Locations: Washington

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