DIRS.INFO The most relevant business & tech news

☆ Uh, this music-streaming app called Musi sure feels like it's in a gray area
▼ + stars: | 2024-05-08 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +1 min

Musi is a music-streaming app that has millions of users, especially among teens. It works by streaming music from YouTube, and unlike Spotify, it doesn't make deals with record labels. Wired reports that Musi is a free music streaming app out of Canada that's especially popular with teenagers. And unlike Apple Music or Spotify, which make their own deals with record labels and pay artists for streams, Musi works quite differently. It essentially streams music from YouTube — and Musi runs its own ads against those streams.

Persons: —, Anne Hathaway — Organizations: YouTube, Spotify, Service, Wired, Apple Music, Business Locations: Canada

☆ A Gen Xer struggles to afford housing and groceries, but her income is about $100 too high to get help
▼ + stars: | 2024-05-08 | by ( Allie Kelly | ) www.businessinsider.com time to read: +4 min

The couple is part of a growing number of Americans who live above the federal poverty line but struggle to afford basic necessities. The poverty line isn't adjusted to reflect cost-of-living differences in individual cities or states and is set at $20,440 a year for a family of two. Binkley is trying to "make ends meet," hopes to leave Minnesota one dayPrimarily, Binkley said she struggles with her rent and utility bills. AdvertisementFor food, Binkley said she is especially thankful for her local food pantries, where she often goes to pick up canned goods. "That is one thing that keeps driving me to make my payments, get things caught up, and set a little bit aside each week or each month, Binkley said.

Persons: —, Melinda Binkley, she's, Binkley, doesn't, ALICE, She's Organizations: Service, Business, Survey, United Way's, Medicare Locations: Stillwater , Minnesota, Minnesota, Idaho

☆ What the proxy fight at Norfolk Southern means for railroad safety
▼ + stars: | 2024-05-08 | by ( Chris Isidore | ) edition.cnn.com time to read: +10 min

The fight has split the railroad’s unions, who disagree which management team – the current Norfolk Southern leadership or one proposed by activist investor Ancora Holdings – would be best for safety and the railroad’s employees. Norfolk Southern CEO Alan Shaw, third from left, listens to testimony during a hearing held by the Senate Commerce, Science, and Transportation Committee on March 22, 2023 in Washington, DC. The committee heard testimony on "Improving Rail Safety in response to the East Palestine Derailment." BLET said that Orr’s appointment shows that Norfolk Southern is committed to additional use of PSR, no matter which side wins the the proxy fight. On February 3rd, a Norfolk Southern Railways train carrying toxic chemicals derailed causing an environmental disaster.

Persons: Alan Shaw, Amit Bose, Win McNamee, Bose, ”, “, Jeremy Ferguson, Shaw, “ Shaw, Jerry Sturdivant, John Orr, BLET, Michael Swensen, Jim Barber, Glass Lewis, Ancora Organizations: New, New York CNN, Norfolk, Norfolk Southern, Ancora Holdings, PSR, Federal Railroad Administration, Senate Commerce, Science, Transportation, Shaw, SMART, of Locomotive Engineers, Trainmen, NS, Canadian Pacific, Canadian Pacific Kansas City, Way Employees, Norfolk Southern Railways, Teamsters, UPS, CSX, Union Pacific Locations: New York, Norfolk Southern, Atlanta, East Palestine , Ohio, Norfolk, East Palestine, Washington ,, Canadian Pacific Kansas, Palestine, ”, NS

☆ Why Wall Street is transfixed by a BofA banker's untimely death
▼ + stars: | 2024-05-08 | by ( Reed Alexander | Emmalyse Brownstein | ) www.businessinsider.com time to read: +9 min

The untimely death of a 35-year-old Bank of America associate has sparked a conversation across Wall Street over working conditions. "And to at least just start having those conversations as to how they can make junior bankers work life much better because it's been long overdue. At BofA, 100-plus hour weeks logged by junior bankers aren't unusual, said current and former employees, who questioned whether the firm's system for flagging excessive amounts of work was actually effective. But some junior bankers felt dismayed by an apparent lack of written communication from bank leaders about the incident, this person added. Crushing exhaustion, heightened demandsThe former BofA investment-banking analyst, who was not on Lukenas' team, quit in 2023 after two years.

Persons: Leo Lukenas III, BofA, Lukenas, it's, Goldman Sachs, Lukenas —, —, UMB, Christopher Perkins, Perkins, Les Lukenas, Green, Leo, Reed Alexander, Emmalyse Organizations: Service, of America, Wall, Army, Green Beret, Special Forces, Reuters, New York Office, Business, Bank of America, Investment, Goldman, Heartland Financial, Inc, FIG, Citigroup, Veterans, BI, LinkedIn, Green Berets, Army Special Forces Locations: BofA, London, Wall, ebrownstein@businessinsider.com

☆ OpenAI is reportedly trying to poach Googlers for an AI-powered search team
▼ + stars: | 2024-05-08 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Sam Altman's company is trying to poach Googlers for a ChatGPT search engine, per the report. The Verge reported that the company behind ChatGPT has been trying to poach Googlers to work on its team developing a search engine for the chatbot. In February, The Information reported that OpenAI was developing a web search feature that could put the company into more direct competition with Google Search. AdvertisementGoogle's future plans in the AI field include large investments and a generative AI search engine. Big Tech is engaged in an intense battle for top AI talent as rival companies rush to launch similar AI-powered products.

Persons: Sam Altman's, —, OpenAI, ChatGPT, Googlers, Bing, Mark Zuckerberg Organizations: Big Tech, Service, Google, Bloomberg, Business

☆ These are the top business-development execs competing to hire elite portfolio managers at hedge fund giants Citadel, Millennium, Point72, and more
▼ + stars: | 2024-05-08 | by ( Alex Morrell | ) www.businessinsider.com time to read: +34 min

Unlike business development in corporate America, which focuses on growing a company's prospects with partners and clients, hedge fund BD teams specialize in scouting, evaluating, and wooing investment talent. AdvertisementFew have been involved in hedge fund BD longer than Jennifer Blake, Balyasny's global head. The fund's BD department remains in close contact with PMs after they join as a resource and advisor. Vernon Yuen/Getty Images$61 billion AUM2,200+ employeesAdvertisementKen Griffin's Citadel has outperformed not just its immediate rivals but every other hedge fund. He runs a team of about 20 as head of business development in the Americas, the largest region of the largest player in this space.

Persons: —, Griffin's, Izzy Englander's, Goldman Sachs, Headcount, execs, Dmitry Balyasny, Brendan McDermid, Jennifer Blake, Balyasny's, Morgan Stanley, Dmitri Balyasny's, Blake, it's, Federico Chavarria, Balyasny, Dave Matz, Smith Hanley, Alistair Jacobs, Dave Black, Peter Appel, Federico Chavarria MD, Andrew McHugh, Jules Biolsi, Michael Platt, he's, BlueCrest, Michael Grad, Grad, Jake Lindsay, Mungo Strachan, BlueCrest's, Brevan Howard Brevan Howard, Alan Howard, Ringo Chiu, Brevan Howard, Alan Howard's, Aran Landy, Brevan, Abu, It's, Landy, Howard, Peter Hornick, David Abbou, Jonathan Candy, Gregoire Vidal, Vidal, Tim Williams, Andy Silver, Gautam, Ken Griffin, Vernon Yuen, Ken Griffin's, Griffin, Matt Giannini, Giannini, headhunter, Matt, I've, — Thomas DeAngelis, Lindsay Previdi, Rice, Dore, Eleanor Sharkey, Melinda Urban, Mark Hansen, Julian Ulmer, Mathur, Adam Sharkie, Michael Page, Eisler, Edward Eisler, Sam Wisnia, Chris Milner, Milner, Hilary Curran, Hilary Curran Global, Rebecca Zisser, Michael Gelband, Hornick, Jeff Gelband, Mike Tiano, Eric Han, Garrett Berg, Liu, APAC Blackstone, Euan Shand, Kevin Carroll, Emily, Needham, Ostendorf, Ben Levine, Stefan Renold, LMR, Marcus Fairhurst, He'd, LMR's, Izzy, Ronda, Singh, Mark Meskin, Justin Gmelich, Steve Keller, Benjamin Williams, Madhvani, Paritosh Singh, Ben Williams, Kristina Tully, Steven Cohen, Point72, Shayanne, Steve Cohen's, Harry Schwefel, Chandler, Steve Cohen, JT Shields, They're, Schwefel, Alyssa Friedman —, Chandler Bocklage, Reid Murphy, Jae Yang, Japan Goldman Sachs, Alyssa Friedman, Jackie Dai, Gabriel Sanders, Ajay, Steven Schonfeld, Michael Nagle, Steve Schonfeld's, Ryan Tolkin, Schonfeld, doesn't, Akshay Aggarwal, Alex Burns, Ryan McCort, Colin Lancaster, Mitesh, Sameer Buch, Brittany Lynch, DMFI, Goldman, Verition, Nicholas Maounis, Josh Goldstein, Brian Townes, Townes, Elizabeth Xiang MD, Vir, Steve Satenstein, Chris Svoboda, Will England, Thomas DeAngelis, DeAngelis, Jonathan Brenner, hasn't, Maureen Reed, John Sullivan, Brenner, Walleye's Organizations: Service, Management, Wall, Business, Balyasny, Balyasny Asset Management, Quadra Advisors, SAC, Macquarie, BD, UBS, Grad, Financial Times, Michael, Lascaux, Howard BD, Brevan, Argentum Advisors, BH Digital, McKinsey & Company, JPMorgan, Ken Griffin's Citadel, Citadel, Citadel's, decamping, Chicago, Citadel BD, Walleye Capital, of Surveyor, Millennium, Capital, Credit, Ashler, Rice, Deutsche Bank, LMR Partners, London, Dore Partnership, Soros, Soros Fund, Ronda Churchill, Bloomberg, Getty, Guggenheim, Industry, MLP, Americas Guggenheim, Americas Citadel, SAC Capital, SEC, Point72 Academy, Citigroup, BD Energi, Japan, EMEA, APAC BNP, Schonfeld, PAAMCO, KKR, DMC Partners, Topwater, LinkedIn, New, New Holland Capital, BD —, Walleye, Lehman Brothers, Hutchin, Putnam Investments, ~$ Locations: America, Asia, Balyasny, Blackstone, New Holland, Abu Dhabi, BlueCrest, Europe, Graticule, ExodusPoint, Hornick, Freestone, New York, Schonfeld, Brevan, he's, Aberdeen, Hong Kong, Zurich, Glasgow, Dubai, Americas, Point72, quant, Verition, London, Greenland, Minnesota, Citadel

☆ Home Sellers' Tough Summer: Get Ready for Lower Prices, Fewer Offers
▼ + stars: | 2024-05-08 | by ( James Rodriguez | ) www.businessinsider.com time to read: +11 min

Rich baby boomers jumped in with all-cash offers, and sellers scored huge windfalls as weary buyers pushed prices to new heights. After all, people have to move for a wide variety of life reasons; mortgage rates be damned. "The further and further we get from the peak of the market," Peterson told me, "the harder it is to deny what's happened." Mortgage rates haven't fallen — in fact, they've gone up about 0.6 percentage points since the start of the year. "It can always be tricky telling somebody that they were just lucky because it makes you sound envious," Peterson told me.

Persons: Rich, Sellers, Eric Peterson, Peterson, Austin, Freddie, they've, Selma Hepp, Freddie Mac, Mike Simonsen, Redfin, towners, Libby Levinson, Katz, Price, Levinson, John Burns, they'll, Realtor.com, you'd Organizations: Freddie Mac, Reserve, Federal Housing Finance Agency, Altos Research, Sun, John, John Burns Research, Consulting Locations: Austin, Boise , Idaho, Denver

☆ Whoops! I just (accidentally) screwed Jeff Bezos out of $130.
▼ + stars: | 2024-05-08 | by ( Peter Kafka | ) www.businessinsider.com time to read: +1 min

I wanted to subscribe to The Washington Post, owned by Jeff Bezos, for $12 every 4 weeks. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . And I definitely wasn't trying to get one over on The Washington Post. But that's just what happened: I tried to pay the Post, owned by the second-richest man in the world, $156 a year. This story is available exclusively to Business Insider subscribers.

Persons: Jeff Bezos, —, Jeff Bezos's Organizations: Washington Post, Service, The Washington, Verizon, Hulu, Netflix, Spotify, Business

☆ It's possible to spend over $3,000 now for a maxed-out iPad with all the bells and whistles
▼ + stars: | 2024-05-08 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

The new iPad Pro can get pricey when it comes to upgrades. In an announcement that Apple CEO Tim Cook described as the "biggest day for iPad since its introduction," the tech giant launched brand new iPad Air and iPad Pro models along with a new Pencil Pro stylus and a Magic Keyboard. The iPad Pro comes with a new OLED display and up to two terabytes of storage. AdvertisementIf the $3,000 range is too steep, Apple also dropped the price of its 10th-generation iPad to $350 on Tuesday. Though older, it's still compatible with previous generations of the Pencil and Magic Keyboard Folio.

Persons: —, Tim Cook Organizations: Service, Apple, Business

☆ Veteran who admitted faking disability to obtain more than $660,000 in benefits gets prison time
▼ + stars: | 2024-05-08 | by ( Fabiana Chaparro | ) edition.cnn.com time to read: +4 min

CNN —A US military veteran who admitted he faked being unable to walk for more than 20 years while claiming several hundred thousand dollars in disability benefits has been sentenced to prison time. Stultz had pleaded guilty to making false statements by faking the impairment that prevented him from walking to obtain veteran’s disability benefits, according to the US attorney’s office. In addition to his prison sentence, Stultz was ordered to pay $662,871.77 in restitution, which is the total amount he is said to have gained from veteran’s disability benefits. “The defendant lied to the VA for 20 years to obtain disability benefits he was not entitled to. According to court documents, Stultz has been in regular counseling since March 2020 along with physical therapy for several physical ailments.

Persons: Christopher Stultz, Stultz, ” Jane Young, “, ” Prosecutors, ”, Dorothy Graham Organizations: CNN, US Navy, US Department of Veterans Affairs, Prosecutors, ”, Disorders, ” CNN Locations: Antrim , New Hampshire, New Hampshire, “, Boston

DavidCallanAsia-Pacific markets are mixed on Wednesday, mirroring moves in Wall Street's Tuesday session. Investors in the region will parse through earnings reports including those of Japanese giants Toyota and Mitsubishi, as well as Singapore's UOB. Traders will also brace for key economic data out of China and Japan on Thursday, with China releasing its April trade data and Japan announcing its March pay statistics. Japan's Nikkei 225 slipped 0.33% on its open, while the broad based Topix was down 0.3%. South Korea's Kospi extended gains and rose 0.1% after leading Asian markets on Tuesday.

Persons: HSI Organizations: Toyota, Mitsubishi, Traders, Nikkei Locations: DavidCallan Asia, Pacific, Wall, China, Japan

☆ Diego Maradona’s Golden Ball trophy went missing in unknown circumstances for decades. Now it’s expected to sell for millions
▼ + stars: | 2024-05-08 | by ( George Ramsay | ) edition.cnn.com time to read: +4 min

CNN —Diego Maradona’s Golden Ball trophy from the 1986 World Cup, which had gone missing in contested circumstances for decades, has reappeared and is anticipated to sell for millions of dollars at auction next month. Argentina went on to defeat West Germany 3-2 in the final and win the second of the country’s three World Cup titles. Maradona controls the ball during the 1986 World Cup final against West Germany. Colorsport/ShutterstockThe history of the Golden Ball trophy awarded to Maradona in Paris after the tournament is shrouded in mystery. Maradona was unquestionably a household name before the 1986 World Cup, but after leading Argentina to the title, he became a global superstar.

Persons: CNN — Diego Maradona’s, ” François Thierry, “, ” Maradona, God, ”, Maradona, Thierry, there’s, didn’t, Aguttes, Asif Kapadia’s Organizations: CNN, England, CNN Sport, West, Maradona, Italian, Napoli, Argentine Locations: Paris, Argentina, Argentine, West Germany, Buenos Aires

☆ Chris Pine on His Best Movie Roles: 'Wonder Woman,' 'Star Trek,' 'Unstoppable,'
▼ + stars: | 2024-05-08 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +11 min

Whether he's playing the handsome leading man in a rom-com or an intensely focused franchise star, Pine has the uncanny ability to adapt into the movie star that's needed at any particular moment. I learned more from that set about what it means to be a movie star than probably anything else. On turning down 'Wonder Woman' twice before director Patty Jenkins convinced him by bringing up 'Casablanca'"Wonder Woman." Warner Bros. PicturesBy the time you did the "Wonder Woman" franchise, you had done your fair share of blockbusters. Even think of "Wonder Woman 1984" — that's a blockbuster movie that is a hero's journey not about revenge.

Persons: Chris Pine, he's, Don Mattingly, Annette Bening, Danny DeVito, Gwynne Gilford, Robert Pine, Sergeant Getraer, Jack, Pine, Anne Hathaway, David Caruso, it's, Kirk —, Kirk, William Shatner, Karl Urban, McCoy, Karl, Spock, Zach, Quinto, Leonard, Nimoy, Abrams, Shatner, Denzel, Denzel Washington, Tony Scott, Mark Bomback, I'm, you'd, Ben Foster, Taylor, Sheridan, David, Mackenzie, Jeff Bridges, Jeff, Ben, hadn't, Patty Jenkins, Patty, Steve Organizations: Business, Yankee, Washington, Walt Disney Pictures, CSI, Paramount Pictures, Denzel Washington, Denzel, Denzel Washington —, CBS, Warner Bros ., gonzo Locations: cardigan, Pine, Coast, heartthrob, Miami, Casablanca

☆ Russians are so desperate to see Western pop stars, they are paying to go on 'concert vacations' abroad
▼ + stars: | 2024-05-08 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +3 min

The company has sold 150 concert vacations since last year, according to The Telegraph. Russian music fans, however, appear to be so desperate to see their favorite artists that they are paying thousands to go on "concert vacations" abroad. A spokesperson for the operator told The Telegraph that it had sold 150 concert vacations since it launched its packages in the fall of last year. One of the packages — a five-day trip to see Ed Sheeran perform in Belgrade, Serbia, in August — costs around $1,123. "Western superstars don't perform in Moscow anymore," Jonny Tickle, a British man living in Moscow, wrote on X.

Persons: Ed Sheeran, James Blunt, —, Snoop, Sheeran, Jonny Tickle, Taylor Swift, Dua Lipa, Adele, Tickle, Guy Berryman, hadn't, Coldplay, Svyatoslav Vakarchuk, Elzy, Vakarchuk Organizations: The, Service, Express, The Telegraph, Scorpions, Ukraine, Europa, Coldplay, Russian Express Locations: Russian, Europe, Russia, Ukraine, Zagreb, Croatia, Dubai, Belgrade, Serbia, Moscow, British, Dua, Munich, Budapest, Vienna, Ukrainian, Brussels

☆ I've saved thousands and traveled to dozens of countries using a home-swapping website
▼ + stars: | 2024-05-08 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +6 min

The website helps facilitate accommodation exchanges between 150,000 users in 145 countries. Then HomeExchange sent me an offer, and I said to my husband, "Shall we give it a go?" The way it works is you subscribe to the website, make a profile, and list your home. We've stayed in places in Australia that are totally off the grid in conservation areas that don't have electricity. I think we've saved well over £100,000 using HomeExchange.

Persons: Julie Williams, HomeExchange, We've, That's, we've, John, I've, Martin, Mia, Monkey Mia, I'm Organizations: Service, NASA Locations: Devon, England, HomeExchange, Italy, Australia, New Zealand, Caribbean, St, Rarotonga, Cook Islands, Tasmania, Singapore, Nevis, Cook, Bali, Hong Kong, Ireland, France, Germany, Switzerland, Denmark, Belgium, Holland, Western Australia

☆ Kim Ki Nam: North Korean propaganda chief who served all three leaders dies
▼ + stars: | 2024-05-08 | by ( Story Reuters | ) edition.cnn.com time to read: +2 min

CNN —Kim Ki Nam, one of the longest-serving North Korean officials who served all three generations of its leaders cementing their political legitimacy and heading the propaganda apparatus for the dynastic state, has died, official media said on Wednesday. North Korea leader Kim Jong Un visited the bier of Kim at 2 a.m. on Wednesday to pay tribute “with bitter grief over the loss of a veteran revolutionary who had remained boundlessly loyal” to the country until the very end, it said. Kim died on Tuesday at the age of 94, official KCNA news agency said. Kim exerted tremendous influence on policy and personnel and was a key architect of the ruling Workers’ Party’s political foundation, according to North Korea expert Michael Madden at the Stimson Center. He was particularly close to Kim Jong-il, the father of the current leader who died in 2011, and was believed to be his “drinking buddy,” Madden said citing sources.

Persons: CNN — Kim Ki Nam, Kim Jong Un, Kim, ”, “, ” KCNA, Kim Dae, Kim Il, Michael Madden, Kim Jong, ” Madden Organizations: CNN, North Korean, North, South, Stimson Locations: North Korea, Pyongyang, Korea

☆ FTX bankruptcy plan: collapsed firm says it can pay most creditors back in full
▼ + stars: | 2024-05-08 | by ( Olesya Dmitracova | ) edition.cnn.com time to read: +2 min

London CNN —FTX has recovered enough assets to pay most of its creditors back in full, the failed crypto exchange said late Tuesday as it unveiled a proposed reorganization plan. “The plan contemplates payment in full of all non-governmental creditors based on the value of their claims as determined by the (relevant) bankruptcy court,” FTX said in a statement. Ray, a restructuring specialist, took over as CEO in November 2022 to shepherd what was left of the firm through bankruptcy. “We are pleased to be in a position to propose a Chapter 11 (bankruptcy) plan that contemplates the return of 100% of bankruptcy claim amounts plus interest for non-governmental creditors,” John J. Ray III, FTX CEO and chief restructuring officer, said in Tuesday’s statement. If his plan is approved by the United States Bankruptcy Court for the District Court of Delaware, FTX expects that 98% of its creditors will receive approximately 118% of the amount of their allowed claims, FTX said.

Persons: London CNN — FTX, ” FTX, FTX, Sam Bankman, Fried, ” John J, Ray III Organizations: London CNN, Alameda Research, Enron, United States Locations: Alameda, Delaware

☆ Sanitation Company Fined $649,000 for Hiring Children in Slaughterhouses
▼ + stars: | 2024-05-07 | by ( Livia Albeck-Ripka | ) www.nytimes.com time to read: +1 min

A Tennessee-based sanitation company has been fined more than $649,000 after an investigation revealed that it had illegally employed at least two dozen children at slaughterhouses and meatpacking facilities, the Labor Department said this week. The company, Fayette Janitorial Service L.L.C., was found to have hired the children, some as young as 13, during overnight shifts that involved using corrosive materials to clean “dangerous kill floor equipment” at facilities in Sioux City, Iowa, and Accomac, Va., the department said in a news release. A temporary restraining order in February required the company to stop employing the children, and on Monday, it agreed in federal court to pay the fine, hire a third party to make sure no underage workers are employed in the future and establish a program for reporting violations, according to documents filed in U.S. District Court for the Northern District of Iowa. It is illegal under the Fair Labor Standards Act to hire anyone under 18 for the kind of hazardous work that is often involved in meat and poultry slaughtering, processing, rendering and packing operations. But that has not stopped thousands of migrant children from coming to the United States from Mexico and Central America to work dangerous jobs, in places including meatpacking plants.

Organizations: Labor Department, Northern, Northern District of, Fair Labor, Act Locations: Tennessee, slaughterhouses, Fayette, Sioux City , Iowa, Accomac, Va, U.S, Northern District, Northern District of Iowa, United States, Mexico, Central America

☆ 81% of young people say a 4-day workweek would boost productivity, new CNBC/Generation Lab survey reports
▼ + stars: | 2024-05-07 | by ( Alex Koller | ) www.cnbc.com time to read: +3 min

Young adults are throwing their support behind calls for a four-day workweek. A new national survey from CNBC/Generation Lab of 1,033 people aged 18 to 34 found that an overwhelming 81% of respondents believe a four-day workweek would boost their company's productivity, while 19% said productivity would decline. Exos, a U.S. coaching company that trains top athletes and leads corporate wellness programs, recently reported results from the first six months of an ongoing four-day workweek experiment. Other four-day workweek trials have shown similar gains. Although respondents to the CNBC/Generation Lab survey largely agreed on workweek length, they were less unified when asked about work setting.

Persons: Sen, Bernie Sanders, Mark Takano, Barry Diller, Steven Cohen, Cohen Organizations: CNBC, Representatives, IAC, New York Mets Locations: USA, U.S

☆ John Leguizamo on His Best Movie Roles: 'Carlito's Way,' 'Encanto'
▼ + stars: | 2024-05-07 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +11 min

Before John Leguizamo was an acclaimed writer, director, and film star, he was a young Latino actor just trying to get into audition rooms. On turning down 'Carlito's Way' multiple times and becoming a leading man(L-R) Al Pacino and John Leguizamo in "Carlito's Way." UniversalYou've spoken before about turning down "Carlito's Way" a few times before you eventually made the call to sign on. John Leguizamo as Luigi in "Super Mario Bros." (1993) Warner BrosOn doing too many 'ice movies' and feeling dissed by 'Mr. On 'Sigma male' Bruno and getting a bonus for 'Encanto'Maribel and Bruno (voiced by John Leguizamo) in "Encanto."

Persons: John Leguizamo, Leguizamo, Brando, James Dean, Shakespeare, William Goldman, Benny Blanco, Luigi, Mario, he's, He's, Al Pacino, I've, Benicio, Annabel Jankel, Rocky Morton, Mr, Smith, you've, Wears, Stanley Tucci, Robin Williams, Vince Vaughn, Sid, Sloth, Fox, —, Mike Berg, Peter Ackerman, Chris Wedge, Philip Seymour Hoffman, Ben Stiller, Ray Romano, Denis Leary, Michael Keaton, would've, hadn't, Bruno, Coco, that's, Lin, Manuel Miranda, Spike Lee, Sam, Mel Blanc, I'd Organizations: Broadway, New York Daily News, Warner Bros, Marvel, Sigma, Walt Disney Animation, Disney, Cannes, HBO Locations: Jackson Heights , Queens, Toro, Puerto Rican

☆ Fender benders mean serious high-tech repairs now
▼ + stars: | 2024-05-07 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +6 min

Virtually every new vehicle sold in the last few years has sensors and cameras, including radar and sonar, throughout the body of the vehicle. These have made the repair process more complex because, unlike a smashed fender, a sensor or camera can’t just be bolted or welded back on. Some of these systems can cut crash rates in half, said Greg Brannon, director of automotive engineering at AAA. In a crash, these sensors and cameras can be damaged or just knocked out of alignment. Claim adjustors, who often come from the collision repair industry themselves, need to understand all the nuances involved in repairing these automated systems and sensors.

Persons: It’s, ”, Todd Dillender, Greg Brannon, “ They’re, Brannon, “, Hami Ebrahimi, ” Ebrahimi, Ebrahimi, That’s, Dillender, adjuster, Mike Bunda, We’ve Organizations: CNN, Auto, AAA, Systems Locations: United States, Chicago, Seattle, New York

☆ A man charged with killing his hospitalized wife told police he couldn't afford her medical bills
▼ + stars: | 2024-05-07 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

A man said he killed his wife because he couldn't pay her medical bills, per a police statement. AdvertisementA man charged with strangling and killing his wife at the hospital said he did it because he couldn't pay her medical bills, according to a detective's probable cause statement. AdvertisementHe admitted to killing his wife by choking her and covering her mouth and nose to keep her from screaming, before leaving the hospital, according to the statement. Medical debt has surged over the last decade, becoming the largest source of debt in collections, per the National Institutes of Health. AdvertisementAs Business Insider previously reported, about a quarter of Gen Z and millennials are skipping rent and mortgage bills to pay off medical debt.

Persons: Ronnie Wiggs, —, Todd Winborn, Winborn, Wiggs, Miranda, he'd, Jean Peters Baker, Gen Organizations: Service, Centerpoint Medical Center, NPR, Family Foundation, National Institutes of Health Locations: Missouri, Independence , Missouri, Jackson County

☆ A Florida Gen Xer who earned over $300,000 secretly working multiple remote jobs shares why he's 'far from rich'
▼ + stars: | 2024-05-07 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +6 min

A Florida-based Gen Xer made over $300,000 in 2023 secretly working multiple remote tech jobs. AdvertisementIn 2021, Robert was making roughly $180,000 a year from his tech job, but when his workflow slowed, he feared a layoff may be coming soon. AdvertisementThe Gen Xer, a Florida resident, is among the "overemployed" Americans who are secretly working multiple remote jobs to boost their incomes. Aside from family and travel, Robert said he spends most of his money on food and his home. Are you working multiple remote jobs at the same time and willing to provide details about your pay and schedule?

Persons: Xer, —, Robert, who've, hasn't, it's, He's, he's Organizations: Service, BI, Business Locations: Florida, Yellowstone, Las Vegas

☆ Inside the Growing Alarm Over Blackstone's BREIT Real-Estate Fund
▼ + stars: | 2024-05-07 | by ( Bethany Mclean | ) www.businessinsider.com time to read: +23 min

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

☆ Wall Street bonuses to rise this year as deals return, says report
▼ + stars: | 2024-05-07 | by ( ) www.cnbc.com time to read: +1 min

Bonuses are poised to recover on Wall Street this year, fueled by strong equity market gains and recovery in investment banking, according to financial services compensation firm Johnson Associates. As initial public offerings come back, bonuses for equity underwriters are expected to rise 10% to 20% this year. "We are seeing almost all segments on Wall Street raising compensation", said the firm's founder Alan Johnson. Higher trading volumes are expected to increase bonuses for bond traders between 10% and 20%, and 5% to 15% higher for equity traders. Executives working at wealth management will probably have 5% to 10% higher compensation, whereas asset management and hedge fund employees are expected to receive 5% higher bonuses.

Persons: Johnson, Alan Johnson Organizations: Johnson Associates, Investment Locations: U.S

Search resuls for: "Pay"

25 mentions found