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☆ Amazon aggregator Thrasio loses CEO, other top execs as company works through bankruptcy
▼ + stars: | 2024-04-24 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +4 min

Katie SchoolovThrasio, the top aggregator of Amazon third-party sellers, is losing its CEO and five other senior executives, months after the former highflier filed for bankruptcy. Greg Greeley, Thrasio's CEO, informed staff on Tuesday that he plans to resign, according to an internal memo viewed by CNBC. Thrasio filed for bankruptcy in February and said it had agreed with lenders to restructure some of its debt load. Alongside the C-suite shakeup, Thrasio is also laying off "employees at every level," according to the memo. They're also inquiring about officers and directors involved in over $300 million in company stock sales "that has given rise to allegations of fraud."

Persons: Prosper, Katie Schoolov Thrasio, Greg Greeley, Josh Burke, Stephanie Fox, Greeley, Thrasio, Goldman Sachs, JPMorgan Chase, They're, Josh Silberstein Organizations: Amazon, CNBC, Finance, BlackRock, JPMorgan, CNBC's, U.S . Customs, Border Protection, GXO Logistics, Walmart Locations: Las Vegas , Nevada, U.S

☆ The man who led Google Photos to 1 billion users is now the newest group partner at Y Combinator
▼ + stars: | 2024-04-18 | by ( Melia Russell | ) www.businessinsider.com time to read: +7 min

Lieb, having a background in semiconductors and not server management, reached out to his fellow Y Combinator founders for support. After a year and a half of advising at the accelerator, he's stepping up as a group partner, Y Combinator tells Business Insider exclusively. It was never released, but many of the ideas would later come back in the form of Google Photos. From there, he reached into the Y Combinator alumni network to find other promising upstarts. David Lieb, second from left, speaks to a group of Y Combinator founders.

Persons: David Lieb, Lieb, Alex Polvi, Combinator —, Garry Tan, Jared Friedman, Harj Taggar, Michael Seibel, Sam Altman, it's, Y Combinator, " Lieb, Dan Lieb, Y, Xoogler, Patrick, John Collison's, Mixpanel, Jake Mintz, Forbes, Kevin Systrom, Flock, Andy Huibers, Mary, 72m2YgJZq8 — David Lieb, Ryan Peterson, He's Organizations: Apple, Business, Investors, Google Locations: Cloudkick, San Francisco, Silicon Valley, Flexport

☆ You can thank the baby boomers for the stunning strength of the US economy
▼ + stars: | 2024-04-09 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

You can thank baby boomers for the strong US economy, according to market veteran Ed Yardeni. AdvertisementThe US economy has baby boomers to thank for its strength and resilience even as some worry about a potential recession. Related storiesThere are now 47.7 million baby boomers who are not in the labor force, and that number grows by the day as more baby boomers hit their retirement age. Baby boomers hold a record $76.2 trillion in wealth, or about half the total US household net worth of $156.2 trillion. "The Baby Boomers watched a lot of Star Trek during the 1960s.

Persons: Ed Yardeni, Yardeni, hasn't Organizations: Seniors, Federal, Federal Reserve, Boomers, Trek

☆ Check out the pitch deck marketing tech firm Zenapse used to raise $8 million to help big brands like Sam's Club get people to shop
▼ + stars: | 2024-03-20 | by ( Lauren Johnson | ) www.businessinsider.com time to read: +2 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewMarketing-tech firm Zenapse has raised $8 million in a seed round of funding to equip marketers with tools that drive sales. Zenapse provides a marketing graph that collects anonymous data about 150 million consumers, equivalent to 3.5 billion pieces of data. In another example, marketers use Zenapse's tools to test what images and copy people respond to, which Bernardini said indicates a person's emotions and beliefs. He said Zenapse wants to differentiate itself by using AI to infer emotional data that can spit insights out to brands quickly.

Persons: —, Zenapse, Matthew Bernardini, Bernardini Organizations: Service, Business, Sam's, Prosper, Adobe, Naples Technology Ventures, Ben Franklin Technology Partners, Broad, BaseCamp Ventures Locations: Naples

☆ Here are some of Wall Street’s top derivative plays following Nvidia's latest chip launch
▼ + stars: | 2024-03-19 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Shares of the chip giant pulled back about 2% during Tuesday's session, after announcing its latest AI chips . While Nvidia's latest announcements solidify the company's AI leadership, Wall Street anticipates some positive tailwinds for a slew of derivative players. Semiconductor derivative plays Nvidia's latest announcements could pose some major tailwinds for companies operating within the chipmaker's ecosystem. Liquid cooling The liquid cooling industry may also benefit as Nvidia harnesses the technology to cool the 72 Blackwell GPUs in its new server rack system, known as GB200 NVL72. "We believe built-in liquid cooling capabilities in addition to the power density of the system should be a positive for VRT's liquid cooling and power management businesses," he wrote.

Persons: Harlan Sur, Blackwell, Rosenblatt, Hans Mosesmann, Goldman Sachs, Toshiya Hari, Matt Bryson, Laura Chen, Oppenheimer, Rick Schafer, Amit Daryanani, Vertiv, Headwinds, Nvidia's Blackwell, Hari Organizations: Nvidia, NVIDIA, Micron Technology, MU, Micron, Taiwan Semiconductor, Wall, Marvell Technology, Blackwell, Micro Computer, Mosesmann, Devices, AMD, Data, Intel Locations: America

☆ Article 23: Hong Kong passes second national security law aligning city more closely with mainland China
▼ + stars: | 2024-03-19 | by ( Chris Lau | ) edition.cnn.com time to read: +6 min

Coming into effect on Saturday, the law introduces 39 new national security crimes, adding to an already powerful national security law that was directly imposed by Beijing on Hong Kong in 2020 after huge and sometimes violent democracy protests the year before. Hong Kong’s Chief Executive Lee described it as a “historical moment for Hong Kong.”Lawmakers attend a meeting for Basic Law Article 23 legislation at the Legislative Council on March 19, 2024 in Hong Kong, China. They argue their legislation is similar to other national security laws around the world. “This will surely increase the doubt, anxiety, and uncertainty of foreign businesses in Hong Kong.”In mainland China, national security laws have often ensnared both local and foreign businesses in opaque investigations. That is something Emily Lau, a former pro-democracy lawmaker, also worries about, that what made Hong Kong distinct is fast fading.

Persons: –, John Lee, Hong, Lee, Chen Yongnuo, ”, Hong Kong’s, Eric Lai, Lai, ” Lai, Hung Ho, fung, Capvision, Sarah Brooks, “, ” Brooks, ” Johannes Hack, Emily Lau, I’ve Organizations: Hong Kong CNN, Hong, ” Lawmakers, Legislative, China News Service, China’s Communist Party, CNN, Georgetown Center, Asian Law, Johns Hopkins University, Amnesty International, German Chamber of Commerce, Hong Kong Locations: Hong Kong, Hong Kong’s, Beijing, China, Amnesty International China, ”, Hong

☆ Temu has officially opened to US-based sellers in a strategy shift that could help it compete more closely with Amazon
▼ + stars: | 2024-03-15 | by ( Madeline Stone | ) www.businessinsider.com time to read: +4 min

Read previewTemu has opened its marketplace to sellers with US-based warehouses, marking a shift to its strategy that has focused on shipping orders from China. Business Insider previously reported that US Amazon sellers were largely eager to try selling on Temu once it was made available to them. Offering faster shipping options could help Temu to better compete with US e-commerce incumbents like Amazon. The company's use of de minimis shipments has gotten increased attention from US lawmakers as of late. Shein, another China-linked e-commerce marketplace, also began onboarding US merchants last year.

Persons: —, Temu, Brightever, Bernstein, De minimis, Earl Blumenauer, Neal Dunn, Dan Bishop, Shein Organizations: Service, Pinduoduo Holdings, Business, US, US Customs Locations: China, Palm Springs, Las Vegas

☆ Healthcare deals are picking up as VCs finally reopen their wallets. Here's what they are betting on.
▼ + stars: | 2024-03-14 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +6 min

Investors aren't anticipating healthcare funding to surge to anything resembling 2021 levels this year, and fewer deals could mean shutdowns for many companies running low on cash. Multiple healthcare startups have announced raises this year at Series B and beyond. Investors said there's now a higher bar for which startups get venture funding compared to 2021, however. Exits and shutdowns aheadWhile a number of biotech startups have jumped into the public markets already this year, the IPO window for healthcare startups has remained firmly shut. Still, many investors are optimistic that a few healthcare startups will test the waters later this year.

Persons: Anargha Vardhana, There's, they're, Christina Farr, haven't, Richard Drury, Scott Barclay, Shiv Rao, Vardhana, there's, Farr, Sara Choi, Ritankar Das, Supriya Jain, Jain, Barclay Organizations: Business, Insight Partners, Investors, Entrepreneurs, Wing Venture Capital, Boston Consulting Locations: orthopedics

☆ China slams ‘unfathomable absurdities’ of US trade controls as it ramps up high-tech drive
▼ + stars: | 2024-03-06 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +4 min

“If it only wants itself to prosper, but denies other countries legitimate development, where is international fairness? Bilateral trade between China and Russia hit a historic $240 billion last year, surpassing a target of $200 billion set by Xi and Russian counterpart Vladimir Putin in 2019 ahead of schedule. While China claims neutrality in the Ukraine conflict it has appeared unwilling to use its significant economic leverage to curb Russia’s aggression and has not condemned the invasion. During the briefing, Wang repeated China’s call for peace talks to avoid an “unthinkable” escalation and deterioration of the conflict. He also reiterated past rhetoric framing China’s relationship with Russia as a responsible one.

Persons: Beijing CNN —, Wang Yi, China ”, ” Wang, Joe Biden, Xi Jinping, Wang, ”, Xi, Vladimir Putin Organizations: Beijing CNN, Washington ., CNN, Sputnik Locations: Beijing, Washington, China, Xinjiang, Ukraine, US, San Francisco, Russia, Russian, Moscow

☆ How women can step out of their comfort zone to build wealth: 'Be intentional' managing fear, expert says
▼ + stars: | 2024-03-05 | by ( Jessica Dickler | ) www.cnbc.com time to read: +2 min

"We can't ditch our fears, but we can be intentional about managing our fear," Sokunbi said during CNBC's Women & Wealth event on Tuesday. Most women are worried about moneyFor women, "financial stress is pretty consistent across all age groups and income," said Lorna Kapusta, head of women and engagement at Fidelity. However, financial stress levels drastically decrease with each additional month of emergency savings set aside, according to Fidelity. Roughly 81% of women with no emergency savings felt a fair amount or a lot of stress. Once women have three months' worth of emergency savings, only 26% report high stress levels, Fidelity found.

Persons: Bola, Bola Sokunbi, Prosper, —, Sokunbi, Lorna Kapusta, Kapusta Organizations: Clever Girl Finance, CNBC's, Fidelity Investments, Fidelity Locations: Bola Sokunbi, Northwestern

☆ Opinion | Men Are From Mercury, Women Are From Neptune
▼ + stars: | 2024-02-29 | by ( David French | ) www.nytimes.com time to read: +2 min

“Studies are showing that Gen Z men and women are getting further apart politically,” one student asked. Why are we different from other generations?”He was referring to a recent Gallup poll showing an immense political gender gap between 18- to 29-year-old women and men, driven mainly by young women turning sharply left. To begin with, the shift leftward among young women began before #MeToo, Trump’s election and Dobbs. Globally, women are moving sharply left while men are moving modestly right (except in South Korea, where men are moving significantly to the right). It’s that they’re less relevant than a series of seismic cultural changes that have led young men and young women to live increasingly separate lives — and the more they do so, the more they’ll have separate experiences and develop separate beliefs.

Persons: Donald Trump, Court’s Dobbs, Dobbs, It’s Organizations: Asbury University Locations: Lexington, Ky, South Korea

☆ Top Amazon aggregator Thrasio files for bankruptcy
▼ + stars: | 2024-02-28 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +2 min

Thrasio, an early leader in the big business of Amazon aggregators, had a booth at the popular Prosper Show for Amazon sellers in Las Vegas, Nevada, on July 14, 2021. Thrasio, an early leader in aggregating Amazon sellers, filed for Chapter 11 bankruptcy protection in a New Jersey court Wednesday. Thrasio and other Amazon aggregators raised billions of dollars from investors looking to cash in on the third-party seller rollup craze. Aggregators bought up promising products and storefronts on Amazon, to use their data and operational expertise to turbocharge sales. WATCH: What's behind the big hype and billion-dollar aggregator start-ups buying Amazon seller brands

Persons: Prosper, Thrasio, Greg Greeley, Aggregators, Josh Silberstein, Carlos Cashman Organizations: Amazon, fizzle, CNBC Locations: Las Vegas , Nevada, New Jersey, Greeley

☆ For Black workers, progress in the workplace but still a high hill to climb
▼ + stars: | 2024-02-27 | by ( Jeff Cox | ) www.cnbc.com time to read: +10 min

"We were in a situation where folks accepted that Black unemployment was going to always be high and there was nothing that they could do about it. The Black unemployment rate in January was 5.3%, up a touch from December but still near the all-time low of 4.8% hit in April 2023. For Black workers, weekly before-tax earnings as of the end of 2023 have risen 24.8% since the first quarter of 2020. "High unemployment for Black workers is a solvable problem," Fulton said. Black workers are interested in tech and believe there are opportunities.

Persons: Ali, Jamila Wright, there's, Jessica Fulton, Fulton, Cox, she's, MilSpouse, they've, Sue Harnett, Goldman Sachs, Harnett, I'm, Ali Wright Organizations: Brooklyn Tea, Joint Center, Political, Economic Studies, D.C, U.S . Bureau of Labor Statistics, McKinsey & Company, Companies, Bank of America, Black Colleges, Universities, New, Small Business Administration, Ivy League, Conference Board Locations: America, U.S, Washington, Brooklyn, New York City, Atlanta

☆ AI is changing the cybersecurity industry. Why these two stocks look best positioned to capitalize
▼ + stars: | 2024-02-14 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

"As we move to cloud and generative AI, it opens up massive total addressable markets, where security just has to be done a different way." Palo Alto Networks and CrowdStrike have already surged more than 25% each only six weeks into the new year after proving among the best performers in the Nasdaq-100 in 2023. But arguably, companies offering all-in-one solutions to mounting cybersecurity threats are viewed as sitting in the most advantageous position. PANW YTD mountain Palo Alto Networks in 2024. This leading position is one reason Deepwater Asset Management's Doug Clinton retains a stake in Crowdstrike, along with Palo Alto Networks, in the core fund that he manages.

Persons: Ted Mortonson, Baird, Mortonson, Peter Weed, Bernstein, Morgan Stanley, Hamza Fodderwala, Hendi Susanto, Doug Clinton, JPMorgan's Brian Essex, CRWD, Essex, Michael Bloom Organizations: MGM Resorts, Caesars Entertainment, Microsoft, Palo Alto Networks, Nasdaq, Gamco Locations: cyberattacks, Palo, Crowdstrike

☆ How to fight dementia, according to neurologists
▼ + stars: | 2024-02-12 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +17 min

What about diabetes, cancer, thyroid disease, high blood pressure or heart disease? Some of the questions might seem unexpected to those who don’t write about brain health. However, my risk of developing vascular dementia, the second most common type after Alzheimer’s disease, is elevated. "Such spikes cause brain inflammation, disrupt brain metabolism and increase shrinkage of the thinking part of the brain," Isaacson said. The National Institute on Aging currently supports nearly 500 active clinical trials on Alzheimer’s disease and related dementias.

Persons: Louise Dittner, Krysta, Ryan LaMotte, It’s, ”, Natalia Rost, “, Rost, ” Rost, Richard Isaacson, ” Isaacson, mockingbird …, birthed, it’s, I’ve, Isaacson, Sandee LaMotte Organizations: CNN, Comprehensive, Massachusetts General Hospital, Harvard Medical School, American Academy of Neurology, Boca Raton, Weill Cornell Medicine, Presbyterian, Mayo Clinic, Volunteers, Alzheimer’s, National Institute on Aging, National Institutes of Health Locations: Massachusetts, Boston, neonatologists, Florida, United, New York, New York City, Nature

☆ What is Lunar New Year? A 2024 guide to the Year of the Dragon
▼ + stars: | 2024-02-07 | by ( Maggie Hiufu Wong | ) edition.cnn.com time to read: +8 min

Whether you’re unfamiliar with Lunar New Year or need a refresher, this guide will highlight some of the most common traditions associated with the occasion. Tourists visit a Lunar New Year Lantern Festival in Shanghai on January 21, 2024. Though incredibly complex, the Chinese zodiac calendar is best described as a 12-year cycle represented by 12 different animals, in this order: Rat, Ox, Tiger, Rabbit, Dragon, Snake, Horse, Goat, Monkey, Rooster, Dog and Pig. Festive cakes and puddings are made on the 24th day of the last lunar month (February 3 in 2024). Day 3: Visit a templeDay three of the Lunar New Year (which falls on February 12 in 2024) is named “chi kou/cek hau,” or red mouth.

Persons: Sui, ”, Nian, gao ”, You’ll, It’s, warding, kou, cek hau, it’s, Yuan Xiao Jie, Yuan, Xiao Organizations: Hong Kong CNN, Lantern, fai chun, Visitors Locations: Hong Kong, Shanghai, China, Asia, Malaysia

NEW YORK (AP) — One of the world’s largest and most influential publishers, Simon & Schuster, celebrates its 100th anniversary this year. The list tells many stories, through the books selected, not selected, and the evolution of what has been highlighted. “A group of Simon & Schuster staffers took on the daunting challenge of selecting 100 titles from our history that are believed to best represent the breadth and depth of the company’s publishing program, across imprints,” the publisher announced Wednesday. “That book actually had an influence on the course of events.”Like many leading publishers, Simon & Schuster began as an independently owned company and vastly expanded after the 1960s. Along the way, Simon & Schuster acquired numerous other publishers, whose books are now part of the S&S catalog and its centennial list.

Persons: Simon & Schuster, Simon, Gregory Hartswick, Prosper Buranelli, Margaret Petherbridge, Richard Simon, Max Schuster, ”, Schuster, Jonathan Karp, Sloan, veteran’s, Karp, “, — Ralph Ellison, Maya Angelou, Richard Wright, Harper, James Baldwin, Alex Haley, Langston Hughes, Toni Morrison, ” Karp, Ntozake Shange’s, Jenny Han’s “, ” Carlos Eire’s “, ” Siddhartha Mukherjee's “, ” Jason Reynolds ’, Safiya, Wendy Sherwin, didn’t, John Irving, Bruce Springsteen’s, Doris Kearns Goodwin’s Pulitzer, Franklin, Eleanor Roosevelt, Abraham Lincoln, Barack Obama, Rivals ’, Barack Obama’s, Hillary Clinton, Scott Fitzgerald’s “, ” Ernest Hemingway’s “, Alan Paton’s “, Scribner, Judy Blume’s “, Margaret ”, Walter Isaacson’s “ Steve Jobs, Frederick Backman's, Ove, Dale Carnegie’s, Leon Shimkin, David McCullough's, Wright, Blume, Woodward Organizations: Simon &, New York, HarperCollins, Dial Press, Doubleday, Knopf, “, Rivals, KKR, Win, Carnegie Locations: ”, Snow, Havana

☆ Trump faces two-front fight as Biden and Haley hit campaign trail
▼ + stars: | 2024-01-27 | by ( Eric Bradner | ) edition.cnn.com time to read: +12 min

Former South Carolina Gov. The Biden campaign has long been preparing for Trump to win the nomination, but it is acutely aware of polling reflecting Haley’s strength over Biden in a one-on-one matchup. And behind closed doors, the Biden campaign is cheering Haley’s decision to stay in the race as they monitor Trump lashing out at the former South Carolina governor. It has been welcome news for the president’s reelection team to see Haley prolong the Republican contest and force the Trump campaign to use its resources and time to attack her. “Go forth and prosper,” one Biden campaign official said, describing the team’s delight in seeing the Trump-Haley feud continue.

Persons: Donald Trump, Jean Carroll, Trump, Joe Biden, Nikki Haley, Biden, —, South Carolina —, Haley, Alina Habba, ” Trump, “ Donald Trump, ” Haley, Carroll, “ We’re, ”, “, ‘ Nikki Haley, ’ Haley, Liz Cheney, Randall Hill, Haley won’t, –, it’s, Alex Brandon, Jim Clyburn, Jim Clyburn –, Donald Trump’s, Betsy Klein, Kylie Atwood, Jeff Zeleny, Fredreka Schouten, Ebony Davis, MJ Lee, Kristen Holmes, Kate Sullivan, Arlette Saenz, David Wright Organizations: CNN, LaGuardia Airport, New, Republican, South Carolina Gov, Trump, — Trump, Biden, Palmetto, GOP, Twitter, Fox, Republicans, United, Republican Party, Wyoming, New York, SFA Fund, Former South Carolina Gov, Reuters, Charlotte, Prosperity, Trump loyalists, Electoral College, Silver State, Senate, Truth, Democrats, Democratic, Democratic National Committee, Palmetto State, DNC, South Carolina –, Mother Emanuel AME Church, Black, South Locations: Nevada, Iowa, New Hampshire, South Carolina, America, United Nations, Mauldin, Conway, New, Palm Beach, Miami, New York , Florida , California, Texas, North Charleston, Greenville, Myrtle Beach, Silver, New York, Georgia, Lago, Superior , Wisconsin, Columbia, Charleston, South

Haley’s campaign leaned into those attacks Thursday, releasing T-shirts emblazoned with the words“Barred. “We need to unite around our eventual nominee, which is Donald Trump,” Republican National Committee Chairwoman Ronna McDaniel said Tuesday on Fox News. In the final days before the GOP primary there, Trump paraded a series of South Carolina Republican officials onstage at his rallies, including Gov. Worst of all, no one returned my calls.”Fundraising dried up, and Haley’s campaign directed most of its funds to TV. “Any other person probably would have just quit and caved in there, but she knew that South Carolina needed her,” Ballentine said.

Persons: Nikki Haley, Donald Trump’s, Haley, Trump’s, Trump, ”, Joe Biden —, Donald, ” Haley’s, —, he’s, “, “ Nikki ‘ Birdbrain ’ Haley, ” Trump, MAGA, ” Haley, Nimarata Nikki Randhawa, “ Nikki ”, Michael Haley’s, Barack Obama, Hussein, Donald Donald Trump, Jabin, Biden, — Trump, Donald Trump, Ronna McDaniel, Dave Bossie, I’m, ” Trump’s, Henry McMaster, Gov, Pamela Evette, South Carolina Sen, Tim Scott —, ” Scott, Pope, ” Pope, Reid Hoffman, Dmitri Mehlhorn, ” Mehlhorn, Biden’s, ’ Haley, Nathan Ballentine, “ She’s, David Goldman, –, Mark Sanford –, he’d, ” Ballentine, Sarah Palin, McMaster, she’d, hasn’t, Chip Felkel, it’s, Felkel, you’ve, ” Felkel, Schouten, Jeff Zeleny, Ebony Davis, Daniel Strauss, Kristen Holmes Organizations: CNN, Former South Carolina Gov, Republican, Republicans, Trump, New Hampshire —, Palmetto State, New Hampshire, Republican Party, True American Patriots, United Nations, Fox News, Washington Post, GOP, ” Republican, RNC, South Carolina Republican, Gov, Senate, North Carolina Republican, “, LinkedIn, Haley, PAC, SFA, Inc, New, SC, Super, Biden, – South Carolina Gov, South, South Carolina GOP Locations: New Hampshire, North Charleston, South Carolina, New, Nashua , New Hampshire, Maryland, North Carolina, Columbia , South Carolina, Argentina, Carolina

☆ This billionaire CEO uses 'pattern recognition' to make business decisions — and so does Warren Buffett
▼ + stars: | 2024-01-22 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +2 min

Read previewA billionaire CEO said he uses "pattern recognition" to help him make smart business decisions. Michael Rubin, the founder and CEO of sports merchandise company Fanatics, told Jay Shetty's podcast about the role that pattern recognition plays in business success. Or you can find out that person was a little bit understated, but they're a beast, they've got huge followership, they're super smart, they've got an unrelenting work ethic." Rubin added: "So to me pattern recognition is everything — I use it in everything that I do." Alice Schroeder, Buffett's biographer, said in a 2010 interview: "Pattern recognition is one of his primary skills and perhaps his greatest skill."

Persons: —, Michael Rubin, Jay Shetty's, Rubin, Shetty, " Rubin, they've, Warren Buffett, Alice Schroeder, Buffett's, Buffett, he'd Organizations: Service, Business, CNBC, Forbes, Berkshire Hathaway's, Valeant Pharmaceuticals, Health Locations: Berkshire

☆ Here’s where to invest $50,000 in the new year, according to the pros
▼ + stars: | 2024-01-01 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +8 min

The S & P 500 rose 24% in 2023, ending the year just shy of a record closing high. The highest S & P 500 target on the Street calls for 8.7% upside from Thursday's close. A fund with exposure to small and midcap semiconductor stocks is the SPDR S & P Semiconductor ETF (XSD) . Exposure to this space can be obtained through the SPDR S & P Health Care Equipment ETF (XHE) . For these investors, Bailey likes Berkshire Hathaway , calling it a counter-cyclical sitting on a ton of cash.

Persons: Larry Adam, Raymond James, Robert Kaplan, Steven Wieting, Wieting, there's, Mike Bailey, — Bailey, Bailey, They're, Berkshire Hathaway, Eli Lilly, they're, Jack Ablin, Ablin, Rowe Price Organizations: Nasdaq, Dow Jones Industrial, CNBC Pro's, Survey, National Association for Business Economics, Dallas Federal, CNBC, Bank of America, Fed, CNBC Pro, Citi Global Wealth, Nvidia, Meta, Microsoft, P Semiconductor, P Health Care, FBB Capital Partners, Corporate, Aggregate Bond, Berkshire, Essex Property Trust, Federal Realty Trust, Rowe Price Group Locations: Essex

☆ A hedged options bet on Tesla's run to continue into January
▼ + stars: | 2023-12-20 | by ( Jeff Kilburg | ) www.cnbc.com time to read: +3 min

One word we will all say (most likely at nauseum) in 2024 is Optimus (Tesla's bipedal robot). Optimus was toting a gun and fired multiple shots on the new Cybertruck to reveal its bulletproof capabilities. Musk said Optimus would use the same technology and software as Tesla's vehicles, such as the Autopilot system and the Full Self-Driving computer. One of the multiple benefits germane to Tesla stock would be having these Optimus bots assist on the Tesla production line. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: Tesla, Elon Musk's, Optimus, Musk Organizations: AMD, Optimus, Elon, Tesla

☆ Kim Jong Un Urges Women to Be Good Comrades—and Give Birth
▼ + stars: | 2023-12-05 | by ( Dasl Yoon | ) www.wsj.com time to read: 1 min

North Korean women face widespread discrimination in the country’s deeply patriarchal society. Photo: kim won jin/Agence France-Presse/Getty ImagesSEOUL— Kim Jong Un has a new mission for North Korean women: Have more babies. Kim acknowledged the impoverished nation’s plunging birthrate for the first time publicly at a rare National Conference of Mothers. Wiping away tears, the 39-year-old dictator, who is a father of three, described mothers as revolutionaries who were on the front lines of rooting out antisocialist behavior and helping the nation prosper.

Persons: kim, Kim Jong, Kim Organizations: Agence France, Getty, North, National Conference of Locations: SEOUL

☆ From ‘menty b’ to ‘grippy socks,’ internet slang is taking over how we talk about mental health
▼ + stars: | 2023-11-30 | by ( Leah Asmelash | ) edition.cnn.com time to read: +9 min

But for Dr. Nicholas Westers, a clinical psychologist at Children’s Medical Center Dallas, simply talking about mental health isn’t always a good thing. But she has been diagnosed with depression and anxiety, Nelson told CNN, and has had her share of mental health struggles. “Mental health is part of your physical health, and I think the internet, social media, has definitely played a part in that (association),” she said. Acknowledging what they’re experiencing may even help people actually address their mental health and seek the help they need. Making a quip like “I’m going to kill myself” when feeling down or “I’m so OCD” when you just like organization can also create stigmatization around mental health, Westers said.

Persons: Natalie Williams, wasn’t, ” Williams, ’, Williams didn’t, Williams, Prosper, “, Dr, Nicholas Westers, isn’t, Erikka Nelson, Nelson, ”, it’s, ’ ” Nelson, Westers, hasn’t, ‘, ” Westers, ” There’s, ’ ” Williams Organizations: CNN, Twitter, Children’s Medical Center Dallas, Lifeline Locations: Philadelphia, Nelson, New York, United States

☆ I'm a third-generation Californian who moved to Texas for a fresh start: 'I couldn't afford to live there anymore'
▼ + stars: | 2023-11-29 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +6 min

Eric Hartnett, 57, moved to Prosper, Texas, after living in California his entire life. AdvertisementThis as-told-to essay is based on a conversation with California native Eric Hartnett, a photographer and bar owner, who moved to Prosper, Texas, in 2018. AdvertisementBefore buying a home, I flew out to Texas three times, so I was kind of familiar with the North Dallas area. My friend, who was a realtor, had also been looking in the North Dallas area. Hartnett has lived in Prosper, Texas, for the past five years.

Persons: Eric Hartnett, Hartnett, —, Neal Pritchard, Prosper, Rent, it's, I've, Prosper . Hartnett Organizations: Service, Southern California —, Southern California — Los Angeles —, McKinney, BMW Locations: Prosper , Texas, California, Texas, Southern California, Southern California — Los Angeles, Los Angeles , California, Sonoma County, Dallas, Austin, Frisco, McKinney, North Dallas, Prosper, Sonoma, Northern California, Mexico, Dallas , Texas, Celina

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