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Facing unknown costs of attendanceAnsah knew she needed financial aid to attend college. "I knew that ultimately the decision of where I'm going to go would be heavily impacted by the financial aid aspect." Typically, when incoming students receive their college acceptance letters, they also receive a financial aid offer if they applied and qualify for assistance. And now, as students are making college decisions, some still haven't seen financial aid offers. But neither of her acceptance letters from Penn or Princeton included financial aid award information.
Persons: , Ansah, It's, We've, wouldn't, She'd Organizations: Princeton University, University of Pennsylvania, CNBC, Ivy League, Princeton, Penn, Federal Student Aid, of Education, Rutgers University, Howard University, University of Maryland Locations: New Jersey, Penn
I started working in a towering office building in London, and I felt completely out of my depth. In 2016, I was about to move into an area I didn't want to work in when JPMorgan headhunted me. I had been stuck in golden handcuffs, but I was lucky that I didn't have some of the financial pressures other people have, like children. But I get much more of a sense of purpose from my work and feel like I am supporting people. If you left a high-paying career and would like to share your story, email Ella Hopkins at ehopkins@businessinsider.com.
Persons: , Lucy Puttergill, It's, JPMorgan headhunted, I'd, I've, weren't, Gabor Mate, Ella Hopkins Organizations: Service, JPMorgan, Citi, Business, impressiveness, Mexico City Locations: South Africa, London, Italy, South America, Mexico, Cape Town , South Africa, ehopkins@businessinsider.com
CNN and ABC Snag the TV Coups of the Year
  + stars: | 2024-05-15 | by ( Michael M. Grynbaum | ) www.nytimes.com   time to read: +1 min
All of a sudden on Wednesday morning, the TV booking of the year was up for grabs. But President Biden’s shock announcement that he would skip this fall’s preplanned matchups in favor of debates sponsored by individual news outlets sent network executives into a scramble. He began rewriting his remarks after aides confirmed over the phone that both candidates had agreed to a CNN debate on June 27. Mr. Thompson took out his reading glasses to deliver the announcement onstage, reading from a script scrawled across a creased notecard. Debra OConnell, the head of ABC News, was deep into an annual meeting with regional affiliates when word came in.
Persons: Biden’s, Biden, Donald J, Trump, Mark Thompson, Thompson, Debra OConnell Organizations: CNN, ABC News, Garden, Disney, ABC
Warren Buffett's Berkshire Hathaway raised its stakes in Mitsubishi Corp., Mitsui & Co., Itochu, Marubeni and Sumitomo — all to 7.4%. "To be truly successful, to do anything great, you have to use your strengths,. "So I think you need both to be truly successful," he says. Find what motivates youThere are two types of motivation, George says: extrinsic motivation, like a comfortable salary, and intrinsic motivation, like enjoying a job where you get to help people every day. Becoming more successful can start with figuring out your own intrinsic and extrinsic motivations, says George.
Persons: Warren, Berkshire Hathaway, Warren Buffett, Bill George : Buffett, George, Zach Clayton, Buffett, Forbes, Buffett didn't, Hone Organizations: Mitsubishi Corp, Mitsui & Co, Sumitomo, Harvard University, Berkshire, Harvard Business School, CNBC
Check out the companies making headlines after the bell : Boot Barn — The western apparel and footwear stock slid 7% after issuing light revenue and earnings guidance for the full year. Boot Barn said it expects earnings for the year to range between $4.55 and $4.85 a share, behind a FactSet estimate of $5.16 per share. Nextracker posted $737 million in revenue for the fiscal fourth quarter, topping an LSEG estimate of $682 million. DLocal reported earnings of 6 cents per share on $184.4 million revenue. Analysts polled by FactSet had expected earnings per share of 12 cents on $189.8 million in revenue.
Persons: Nextracker, , DLocal, FactSet Organizations: Nu Holdings, Revenue, Uruguayan, Prestige Consumer Healthcare, Prestige Locations: Brazil
TubiHow Tubi found a Gen-Z audienceTubi, which was acquired by Fox in 2020 for $440 million, didn't deliberately aim at Gen Z when it started in 2014. Because Gen Z spends so much time on social media, they're used to entertainment being free. "Gen Z is orienting themselves around shared interests, subculture interests. The plan is to turn fans into promotors, recognizing that Gen Z is heavily influenced by their friends' recommendations; the initiative is in beta. My thesis is not that people are going to cancel their Netflix subscriptions and go running to Tubi," Parlapiano said.
Persons: Tubi, Peacock, Max, Gen, Nicole Parlapiano, It's, it's, Rupert Murdoch, Fox, There's, didn't, they're, Parlapiano, we've, Carter, Anne Hathaway, Bijou Phillips, Joseph Gordon, Levitt, Chris Baker, Issa Rae's, Bridgerton's, Nicola Coughlan Organizations: Service, Fox, Nielsen, Disney, Hollywood, Business, YouTube, Netflix, FAST, ColorCreative, promotors Locations: Tinder, Tubi
All three major U.S. stock indexes closed higher for the week, led by the Dow Jones Industrial Average . The Nasdaq Composite added 1.14% while the S & P 500 advanced 1.85% in a relatively quiet week of economic updates. Within the portfolio, Disney and Wynn Resorts released quarterly numbers; we took issue with the stock reaction to both reports. It also raises the stakes around major economic releases, such as next week's consumer inflation report. In the week ahead, earnings season continues — headlined by Walmart on Thursday — and inflation data will dominate the economic calendar.
Persons: We've, Jim Cramer, Dow Jones, we'll, We'll, Stanley Black, Decker, Jack, JACK, Arcutis, Spero, JD.com, Armour, Jim Cramer's, Jim, Carlo Allegri Organizations: Dow Jones, Nasdaq, Disney, Wynn Resorts, Procter, Procter & Gamble, Walmart, CPI, PPI, Club, Home Depot, Biotech Corporation, Music Entertainment, Central Puerto S.A, TeraWulf Inc, Paysafe Group Holdings, QuickLogic Corporation, Kopin Corp, Royalty Corp, Agilysys Inc, Crop Solutions Corp, Inovio Biomedical, Intercorp Financial, Lithium, Argentina ) Corp, Sea, Sony Group Corporation, SONY, Holding, HudBay Minerals, Autolus Therapeutics, Game Technology, Nu Holdings, Dragonfly Energy Holdings Corp, Bakkt Holdings, Prestige Consumer Healthcare, SilverCrest Metals, Inc, Mining Corp, Acurx Pharmaceuticals, Cresco Labs, Dole plc, DOLE, Arcos Dorados Holdings, ARCO, Cisco Systems, Grab Holdings, Copa Holdings S.A, Technologies, Iris Energy, KORE Group, Super, Spero Therapeutics, ZTO, Baidu, Deere & Company, NICE, Lightspeed Commerce, Ship Lease, Canada Goose Holdings, Drainage Systems, Consolidated Water Co, Outlook Therapeutics, Despegar.com, Corp, DXC Technology Company, Flowers Foods, Bruker Corporation, WYNN, CNBC, Foods Locations: Procter &, Central, Cayman, Lithium Americas, Argentina, Manhattan, New York City
CNN —Russian President Vladimir Putin presided over a pared-back Victory Day parade Thursday, showcasing his country’s unity and resolve to continue the war on Ukraine. But since Russia launched its full-scale invasion of Ukraine, the massive military parade has been somewhat downsized. “The fate of the motherland, its future depends on each of us … We celebrate Victory Day in the context of the special military operation. All of Russia is with you!”But this year’s Victory Day is also happening against the background of a bribery scandal roiling Russia’s Ministry of Defense. Under Putin, Victory Day has assumed greater importance in national life.
Persons: Vladimir Putin, Putin, Putin —, , , Timur Ivanov, Mikhail Klimentyev, Alexander Nemenov, Ivanov, Sergei Shoigu, Shoigu’s protégé, , Alexey Navalny, Stanislav Krasilnikov, Maria Pevchikh, that’s Organizations: CNN, Nazi, , Ministry of Defense, Defence, Sputnik, Getty, Financial, Corruption Foundation, AP, ACF, Prestige, Locations: Ukraine, Russia, Nazi Germany, Russian, It’s, AFP, Mariupol, Putin’s Russia, Sochi, Moscow
Ad industry watchers are waking up to the fact that TV's big star is Google's YouTube. YouTube is ready to capitalize as it heads into TV's big upfront selling season. Industry observers widely believe YouTube is taking in far less ad revenue than it should be, based on its share of view time. Why YouTube is big on live sportsYouTube also affirmed its commitment to the industry's most sought-after content, live sports. YouTube still faces legacy ad buying structures where some agencies still buy old-fashioned TV and social video separately.
Persons: Nielsen, Neal Mohan, Mary Ellen Coe, Sean Downey, Zach King, Haley Kalil, Billie Eilish, Brian Albert, Brandcast, Donald De La Haye, Deestroying, Albert, Kate Alessi, Tricia McCormack, Brian Wieser Organizations: YouTube, Netflix, Hulu, Industry, Business, US, Google, NBA, Disney, Systems Locations: New York
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
As Ulta Beauty says it expects a slowdown in retail's most resilient category, an upstart says it is bucking the trend. Excluding one-time items, Oddity reported earnings of 61 cents per share. Analysts had expected revenue of $186.5 million and earnings per share of 56 cents, according to LSEG. Oddity believes beauty and wellness products are best sold online, and that consumers will not need to visit beauty shops such as Ulta and Sephora if product selection can be improved. Last month, Ulta Beauty CEO Dave Kimbell warned that demand for beauty products was cooling, sending its stock down 15% that day and hitting shares of e.l.f.
Persons: Dave Kimbell, Estée Lauder, Coty, Kimbell, JPMorgan Chase, Lindsay Drucker Mann, Drucker Mann Organizations: LSEG, Nasdaq, JPMorgan, CNBC
Looking to heal my burnout and find happiness beyond work, I spent a year and a half — and $34,000 — exploring South America and Asia. That's when I realized I'd made a huge mistake: I had changed my circumstances, but not my state of mind. But my burnout gave me the clarity I needed to slash my sabbatical bucket list in half, to focus on quality over quantity. I accepted that I'd continue traveling later if I wanted to, even if it meant less time to pursue professional goals. I gave up trying to work and make money while travelingIn my first few months traveling, I frequently stayed up late to formulate and pitch freelance story ideas.
Persons: I'd, Helen Zhao I, Chiang Mai Organizations: Starbucks Locations: South America, Asia, Patagonia, Thailand, Island, Korea, Japan, Tokyo, Pai , Thailand, Cartagena, Colombia
On Monday, May 6, some of the world's biggest stars will gather in New York City for the Met Gala. Unfortunately, the event's glamour and prestige don't make it immune to awkward moments and mishaps. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe first Monday in May, otherwise known as the Met Gala, is quickly approaching. From questionable interview exchanges to photobombs and public displays of affection, here are 12 of the most awkward moments in Met Gala history.
Persons: , Emma Chamberlain Organizations: Service, Metropolitan Museum, Art's, Technology Locations: New York City
Estee Lauder tumbled Wednesday as investors focused on the company's weak fiscal fourth-quarter outlook instead of its strong third-quarter numbers. Estee Lauder Why we own it: We see profitability improving as management executes on its turnaround plan and works to improve gross margin performance. These are signs the worst should be behind Estee Lauder. While full-year adjusted earnings are still expected to decline on an annual basis, Estee Lauder encouragingly bumped up its outlook. An Estee Lauder pop-up store is seen inside daimaru Department Store on Nanjing Road Pedestrian street in Shanghai, China, August 6, 2021.
Persons: Estee Lauder, Fabrizio Freda, Freda, Estee Lauder encouragingly, we're, That's, Estee, Jim Cramer's, Jim Cramer, Jim Organizations: Revenue, LSEG, L'Oreal, Chanel, Body, Street, Management, Wall, Japan, CNBC, daimaru, Getty Locations: LVMH, , Asia, North America, Latin America, Mexico, Brazil, Hong Kong, China, Japan, Mainland China, Nanjing, Shanghai
Timothy Gamble left his VP role at Walker & Dunlop to cofound HelloData.ai in 2022. I gathered and normalized real-estate data, but my role quickly expanded, and I was soon in charge of the data infrastructure that processed billions of real-estate data points daily. Related storiesNico left W&D one year before me, but we kept in touch. When I left W&D, we decided it made sense to start a real-estate AI company since we both had an entrepreneurial spirit, strong engineering backgrounds, and real-estate domain expertise. Deciding to leave my VP role was scary but the fear of complacency and the prospect of looking back with regret for not pursuing my passions were far greater motivators.
Persons: Timothy Gamble, Dunlop, cofound, Gamble, , It's, Enodo, might've, Nico Lassaux, Marc Rutzen, Nico, Marc, cofounding, you'll, we're, I've Organizations: Walker, Service Locations: Washington ,, HelloData.ai, Enodo
Monday's analyst calls included an upgrade to Apple and a move in the opposite direction for athleisure giant Lululemon and electric car marker Tesla. The firm downgraded Ulta stock to equal weight from overweight, and lowered its price target to $434 per share from $612. — Brian Evans 6:30 a.m. Evercore slashes Tesla price target Evercore ISI says its forecast for Tesla stock is due for an update as headwinds from the start of the year converge and pressure the electric vehicle company. Apple stock has pulled back 12.1% in 2024 but was up 1.7% in premarket trading Monday. Lululemon stock has slipped nearly 29% in 2024 and was off 1.9% premarket Monday.
Persons: Bernstein, Toni Sacconaghi, Barclays downgrades Ulta, Adrienne Yih, Yih, — Brian Evans, Chris McNally, McNally, Bernstein's Toni Sacconaghi, Sacconaghi, Barclays downgrades Lululemon, headwinds, LULU Organizations: CNBC, Apple, Tesla, Barclays, ISI Locations: China, Friday's, Mexico
My Investment Banking Job Nearly Destroyed Me
  + stars: | 2024-04-29 | by ( Christine Ji | ) www.businessinsider.com   time to read: +9 min
I hadn't expected to be lying on the office floor thinking that I needed to quit my investment banking job — yet there I was. The allure of an investment banking job is seductive. Being an investment banking analyst was much sexier in theory than practiceI knew banking would be intense from the internship, but nothing could've prepared me for just how intense the full-time role was. There's very little advice out there on how to quit your investment banking job. I can't say I loved investment banking to that degree, so I walked away.
Persons: could've, nauseous, there'd, Ji Organizations: Business, Ivy League, Wall
CNBC Pro used its stock screener tool to identify the most overbought and oversold stocks on Wall Street as measured by their 14-day relative strength index, or RSI. Stocks with a 14-day RSI above 70 are said to be overbought, indicating that shares might soon turn lower. On Thursday, the technology giant posted a first-quarter earnings and revenue beat as its Google Cloud and YouTube advertising revenue outpaced expectations. On the other hand, Ulta Beauty , with an RSI of 21, is one of the most oversold stocks on Wall Street. IBM stock slipped this week after the company posted better-than-expected first-quarter earnings but missed on revenue.
Persons: Jefferies, Ashley Helgans, J.B, Fred Imbert Organizations: Microsoft, CNBC Pro, Google, Hasbro, Hunt Transport Services, Tech, International, Machines, IBM
As the announcement trilled out over Kenilworth Road, the jumble of rusted metal and peeling paint that Luton Town F.C. At the start of the sentence, it was little more than the traditional polite welcome to the stadium for that evening’s visiting team, Manchester City. By the end, though, the voice of the announcer seemed overcome by what sounded a little like awe. Cup, the champions of England and the champions of Europe.” Luton seems to be having a hard time believing the company it now keeps. Fifteen years ago, Luton Town had been relegated to the fifth tier of English soccer, a world away from the power and the prestige of the Premier League.
Persons: Luton Organizations: Luton Town F.C, Manchester, Luton Town, Premier League Locations: Kenilworth, Manchester City, Luton, England, Europe
Netflix and a popular beauty stock were featured among Friday's biggest analyst calls. Analyst Rob Sanderson initiated coverage of DoorDash with a buy rating and $170 price target, citing strong execution. Alongside the upgrade, Blum downgraded Sunnova Energy to an equal weight rating and slashed his price target to $6 from $11, citing a higher-for-longer rate environment. "Share gains upmarket by Shopify support confidence in the durability of growth against tempered consumer spending expectations," wrote analyst Keith Weiss. The stock has tumbled 11% this year, but could rally 22% based on the firm's adjusted $85 price target.
Persons: Canaccord Genuity, Rob Sanderson, DoorDash, Sanderson, – Samantha Subin, Wolfe, Steven Chubak, BAC's, Chubak, bode, Wells, Michael Blum, Blum, Biden, Samantha Subin, Morgan Stanley, Keith Weiss, Weiss, — Samantha Subin, Canaccord, Maria Ripps, Steven Cahall, Price, Doug Anmuth, Morgan Stanley's Benjamin Swinburne, Jefferies, Ashley Helgans, Helgans, Fred Imbert Organizations: CNBC, Netflix, Friday's, Jefferies, Capital, Industry, Wolfe Research, Bank of America, of America, SCHW, Sunnova Energy, NOVA, Ulta Locations: Wells Fargo, China, Thursday's, Canada
Morgan Stanley reiterates Ford and General Motors at overweight Morgan Stanley remains bullish on both automakers. Loop initiates DoorDash as buy Loop said in its initiation of the stock that it has more earnings potential. We think that years of debate over viability and earnings potential of on-demand gig platforms has been settled." Morgan Stanley upgrades Shopify to overweight from equal weight Morgan Stanley said market share gains are increasing for Shopify. Morgan Stanley reiterates Microsoft at overweight Morgan Stanley said it's bullish heading into earnings next week. "
Persons: Oppenheimer, Morgan Stanley, Ford, Mizuho, Jefferies, Ulta, they've, Riley, we've, Wells, Sunnova, it's, we're, Edward Jones downgrades Hershey, Edward Jones, Hershey, Wolfe, Raymond James downgrades, Raymond James, Dell, Needham, Baird, COLM Organizations: Nvidia, General Motors, GM, Mizuho, Netflix, Bank of America, Lam Research, NOVA, " Bank of America, Meta, JPMorgan, Charlotte, Shopify, RBC, Inspire, Systems, Microsoft, UBS, Columbia Locations: U.S, Charlotte , North Carolina
Shortly after the opening bell, we will be buying 50 shares of Estee Lauder at roughly $139. Following the trade, Jim Cramer's Charitable Trust will own 475 shares of EL, increasing its weighting to 2.1% from 1.9%. We're making a small buy in Estee Lauder and upgrading our rating to a 1. That's why we took notice Thursday when analysts at Deutsche Bank made a bullish call on Estee Lauder. As a reminder, Estee Lauder expects this plan will increase operating profit by $1.1 billion to $1.4 billion.
Persons: Estee Lauder, Jim Cramer's, Fabrizio Freda, We've, Freda, Deutsche Banks, Jim Cramer, Jim Organizations: Deutsche Bank, CNBC Locations: Estee Lauder, China, United States
CNN —It took less than six months for Speaker Mike Johnson to reach his existential moment. His tiny majority means he can’t afford to lose more than one GOP vote to pass a bill on a party-line vote. But a GOP speaker dependent on Democratic votes will be seen by many Republicans as a tool of the minority party and would be on borrowed time. In this way, those who oppose Ukraine aid on principle could vote against it, allowing Democrats who support it to ensure its passage. These are important responsibilities,” Johnson told Tapper.
Persons: Mike Johnson, Kevin McCarthy, Paul Ryan, John Boehner –, Johnson, ” Johnson, CNN’s Jake Tapper, Marjorie Taylor Greene, Thomas Massie of, Donald Trump’s, Trump, Greene, Chip Roy, Roy, , , CNN’s Manu Raju, ’ Johnson, he’s, Tapper, , Dan Crenshaw, CNN’s Raju, Johnson “, ” Trump, hasn’t, bankrolling, Dwight Eisenhower, George W, Bush, Vladimir Putin doesn’t, We’re, Putin, Xi, Lloyd Austin, Biden, he’d Organizations: CNN, Louisiana Republican, Republicans, Texas Rep, Democratic, GOP, White, Texas GOP, Lago, Trump, Senate, , , House Defense Locations: Ukraine, Israel, Taiwan, Marjorie Taylor Greene of Georgia, Thomas Massie of Kentucky, Mexico, Kyiv, Washington, Texas, Mar, Trumpism, Europe, Iran, North Korea, British, Jordanian, Russia, Russia’s, United States
The International Space Station has long been a symbol of international cooperation. AdvertisementSince the end of the Cold War, the International Space Station (ISS) has been a symbol of international cooperation. By 1988, 15 nations had agreed to participate in the project, then known as Space Station Freedom. Keystone/Hulton Archive/Getty ImagesThe Soviets had long-standing expertise in aerospace technology, having launched the world's first space station, "Salyut," in 1971. China has completed several unmanned Moon landings, has its own space station, and has developed a sophisticated commercial and military satellite program.
Persons: , Peggy Whitson, Vladimir Putin, Jill Stuart, Ronald Reagan, Bill Clinton, Terry Virts, Anton Shkaplerov, Marco Tacca, Oleg Artemyev, Denis Matveev, Sergey Korsakov, Virts, Michael Barratt, Matthew Dominick, Alexander Grebenkin, Jeanette Epps, Stuart, Verts, Musk Organizations: Astronauts, Service, Space, Veteran, ISS, Imperial College London, Politics, NASA, European Space Agency, ESA, Inter, Soyuz, Keystone, Hulton, Roscosmos, Reuters, Anadolu, Getty, Imperial College, Baikonur Cosmodrome, Elon Musk's SpaceX, The Independent, CNBC Locations: Russia, Ukraine, Europe, China, Japan, loggerheads, Hollywood, Canada, Soviet Union, Milan, Italy, Luhansk, Luhansk People's Republic, Russian, Baikonur, Kazakhstan, The, Soviet Russia
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. So in the meantime, the Condé Nast Union members have been assigned in recent weeks to a "centralized team" under Chris DiPresso, VP of content finance and operations. They were given assignments they were told were consistent with their skills, but not given firm deadlines or told what they were meant for. Condé Nast CEO Roger Lynch in November said the company would lay off 5% and shift focus to support short-form video, subscriptions, and e-commerce. Some believe the company is using the "rubber room" move to demoralize people and get them to leave the company on their own.
Persons: , Chris DiPresso, Slack, Delia Cai, Ina Garten, Cai, Condé, Roger Lynch, Bon, Condé Nast Organizations: Service, Vogue, Condé Nast Union, Business, New York, Washington Post, Disney, Warner Bros Locations: New York City, Hollywood
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