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☆ Apple's record $110 billion stock buyback is bigger than Boeing, Airbnb, and Chipotle
▼ + stars: | 2024-05-03 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Apple just launched a $110 billion stock buyback program, the biggest in history. Apple's new stock buyback program is more than the value of Boeing, Airbnb, and Chipotle. AdvertisementApple just launched a $110 billion stock buyback, the biggest in stock market history. Since then, the company's stock buyback programs have reduced its total share count to 15.44 billion, and at current prices, this stock buyback program would retire an additional 600 million shares. To put in perspective just how big Apple's stock buyback program is, consider these companies that have a total market value of less than $110 billion.

Persons: —, Apple, Dan Ives, Corey Lever, Eric Risberg, Chipotle, Gregory, Brandon Bell, Airbnb, ROSLAN RAHMAN Organizations: Apple, Boeing, Service, Greater, Waste, AP, Portland Press, Getty, Dell Technologies Dell, DELL Locations: Greater China, Oakland, Calif, , Texas

☆ Key Solar Panel Ingredient Is Made in the U.S.A. Again
▼ + stars: | 2024-04-25 | by ( Ivan Penn | ) www.nytimes.com time to read: +1 min

A factory in Moses Lake, Wash., that shut down in 2019 will soon resume shipping a critical ingredient used in most solar panels that for years has been made almost exclusively in China. REC Silicon reopened the factory, which makes polysilicon, the building block for the large majority of solar panels, in November in partnership with Hanwha Qcells, a South Korean company that is investing billions of dollars in U.S. solar panel production. As part of the deal, Hanwha this month said it has become the largest shareholder in REC Silicon, which is based in Norway. Executives at the companies say they reopened the factory in part because of incentives for domestic manufacturing in the Inflation Reduction Act, President Biden’s signature climate law. They expressed hope that their decision would also encourage other companies to revive production of a technology that was created in the United States about 70 years ago.

Persons: Hanwha Qcells Organizations: REC, South Locations: Moses Lake, China, Southeast Asia, South Korean, Norway, United States

☆ Solar manufacturers petition U.S. to impose tariffs on imports from four Southeast Asian nations
▼ + stars: | 2024-04-24 | by ( Spencer Kimball | ) www.cnbc.com time to read: +4 min

A coalition of U.S. solar manufacturers petitioned the federal government on Wednesday to impose tariffs on imports from four Southeast Asian nations, alleging that the countries are flooding the U.S. market with cheap products that threaten the domestic industry. The other six parties to the petition are Convalt Energy, Meyer Burger, Mission Solar, Qcells, REC Silicon and Swift Solar. They are requesting that the Commerce Department impose tariffs on solar cell imports from the four countries as a remedy. "This case is bad news for clean energy jobs and American solar manufacturing," Array CEO Kevin Hostetler said in a statement Wednesday. The ITC and Commerce Department investigations will take about 12 months to conclude, Brightbill said.

Persons: Meyer Burger, Tim Brightbill, Joe Biden, Brightbill, Kevin Hostetler, Janet Yellen, Biden Organizations: U.S, Convalt Energy, International Trade Commission, Commerce, ITC, Initiative, Commerce Department, Solar Energy Industries Association, American Clean Power Association, Advanced Energy, American Council, Renewable Energy, Technologies, International Energy Agency, IEA, CNBC Locations: Zhangye city, Gansu province, China, Cambodia, Malaysia, Thailand, Vietnam, U.S, The U.S, Beijing's

In short, it's safe to say that if you're looking for the best chinos for men, Bonobos has the pair you want. We named Bonobos the best overall in our guide to the best chinos for men — and for good reason. Between the two fits, I personally like the skinny pair more because it fits my body type better. The author in the original Skinny Stretch Chinos. A solid pair of chinos like Bonobos will sharpen your look when worn with whatever you already own.

Persons: Bonobos, —, Slim, Chinos, David Slotnick, Amir Ismael, I've, Ralph Lauren, chinos, I'm Organizations: Business, Clarks, Rec Locations: Chino, Bonobos

☆ I studied at Yale and Cambridge University. The elite colleges offered me secret societies, maids, and formal balls.
▼ + stars: | 2024-02-11 | by ( Connie Cheung | ) www.businessinsider.com time to read: +5 min

For my undergraduate degree, I went to Yale, and then for graduate school, I enrolled in Cambridge University. Dreary and massive, these buildings belonged to Yale’s oldest secret societies — hundreds of years old, with members including former presidents, Rockefellers, and Vanderbilts. As George Bush wrote in his memoir, “[In my] senior year, I joined Skull and Bones, a secret society; so secret, I can’t say anything more.”In my final year, I joined a secret society at Yale, which was founded 20 years ago. But my favorite memories at Yale and Cambridge were never at events in floor-length gowns or strappy heels. I’m tremendously lucky to have experienced this universe of elite education, and I wouldn’t have it any other way.

Persons: —, sommeliers, George Bush, wouldn’t, England, smartly, John’s, Ball, Pictionary Organizations: Service, Yale, Business, Cambridge University, New, Cambridge, Trinity College, Time Locations: Hong Kong, Vermont, New Haven, Cambridge, poshness, St

Learn moreCyber Monday 2023 is officially underway, and so is Bonobos' biggest sale of the year. Bonobos' suits are also 30% off and they have something for everyone. We also rec commend checking out Bonobos' sweaters. Shop all Cyber Monday deals at Bonobos now. Best Cyber Monday deals at Bonobos

Persons: Bonobos Locations: Bonobos

☆ 2 participants in Denver's basic-income experiment say it's helped them buy a car, rent an apartment, and turn their lives around
▼ + stars: | 2023-10-21 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +9 min

Through the Denver Basic Income Project, they received $6,500 up front and $500 monthly for a year. These payments helped them rent an apartment, buy a car, and improve their mental health, they said. How basic income worksOver the course of a year, the Denver Basic Income Project gives participants cash payments of varying amounts. The Denver Basic Income Project began in 2021 and was granted a $2 million contribution from the city. AdvertisementAdvertisementBroncucia and Searls participated in the Denver Basic Income Project.

Persons: Dia Broncucia, Justin Searls, —, Broncucia, Searls, Mark Donovan, Armando Generyo, Donovan Organizations: Income, Service, University of Denver's, Housing, Homelessness Research, Social Security Disability Insurance Locations: Denver, San Francisco, New York, Santa Fe , New Mexico, Vancouver , British Columbia

Wadea was stabbed 26 times at his home by his family’s landlord on Saturday, the Will County Sheriff’s Office said. Wadea Al-Fayoume's father speaks at a vigil service at the Prairie Activity & Recreation Center in Plainfield, Illinois, on Tuesday. The boy’s family lived in the house for two years without “previous notable issues” with Czuba, the Council on American-Islamic Relations said. In his final moments, Wadea offered words of comfort to his mother, the man who called himself something of a grandfather said Monday. He is in a better place.”The boy’s mother could not attend his funeral services Monday as she remained in the hospital, Rehab said.

Persons: Oday Al, “, Wadea, Hanaan Shahin, Juhie Faheem, Jim Vondruska, Cynthia Glass, Wadea’s, Dexter, ”, Imam Hassan Aly, ” Aly, Biden, Dilawar Syed, ” Syed, Fayoume, Scott Olson, Joseph M, Czuba, Czuba “, Shahin, “ Shahin, ‘, ’ Shahin, Hanan, Wadea Al, Rehab Organizations: CNN, Department of Justice, West Bank, Islamic, ’, Mental Health, Recreation Center, US Small Business Administration, Aqsa Community Center, Community, Czuba, Islamic Relations, Reuters Locations: Plainfield , Illinois, Will, United States, ’ Chicago, Gaza, America, Al, Shahin, Jerusalem

☆ American kids are facing an epidemic of loneliness. Overhauling youth sports could help fix that.
▼ + stars: | 2023-10-08 | by ( Jacob Zinkula | Madison Hoff | ) www.businessinsider.com time to read: +14 min

AdvertisementAdvertisementA Hooptown Youth League game. While Americans of all ages are vulnerable to loneliness, young people are particularly at risk. Data on grade-school-aged children is limited in the US, but research in other countries has found that young children aren't immune to these problems. One of the few studies to explore sports participation's connection to youth loneliness was conducted by European researchers in 2019. A Hooptown Youth League game.

Persons: —, Nancy Curtin's, we'd, Mike Nilson, Gonzaga University's, Nilson, Chris Elam, It's, Vivek Murthy, General's, John Ewing, they're, There's, Charlie Riedel, Matt Hoffmann, Hoffman, Jon Solomon, — Solomon, David J, Phillip Solomon, Solomon, Curtin Organizations: Service, Hooptown, League, YMCA, Amateur Athletic Union, AAU, Portland Press, Getty, Sports, Fitness Industry Association, National Federation of State High School, Team, Kansas City Royals, Oakland Athletics, Cal State Fullerton, Aspen Institute's Sports, Society Program, Aspen Institute, CDC, rec, Aspen, Spokane — Locations: Oregon, Spokane , Washington, Spokane, Kansas City, Mo

☆ The ‘Barbie’ movie has people buying ‘emotional support’ dolls. Psychologists say that’s a good thing
▼ + stars: | 2023-09-26 | by ( Aj Willingham | ) edition.cnn.com time to read: +7 min

CNN —The “Barbie” movie is a bona fide cultural moment. Some videos show people carefully roaming toy aisles to pick out dolls that speak to their careers, identities or just their sense of whimsy. In one popular TikTok, a daughter surprises her mom with a Dia De Muertos Barbie, and no one comes away dry-eyed. Greene thought the idea of an emotional support Barbie was a little silly at first, but she found herself in a Target one weekend and caved. When Flora saw the “Barbie” movie with her daughter, she says nearly the whole audience was decked out in pink, sparkles and sunglasses, bubbling over with excitement.

Persons: Barbie, it’s, ”, “ Barbie, ” “, Muertos, “, Kristin Flora, she’s, ” Flora, Cameron Greene, Greene, Justin Sullivan, Flora, Pat Cafaro, tutu, ” Cafaro Organizations: CNN, Warner Bros, Pictures, Warner Bros ., Dia, Franklin College in, “, Retailers, rec Locations: Franklin College in Indiana, Lanham , Maryland, Corte Madera , California, Sarasota , Florida

☆ Should I Wear a Fleece to the Office?
▼ + stars: | 2023-09-25 | by ( Vanessa Friedman | More About Vanessa Friedman | ) www.nytimes.com time to read: +1 min

Currently, I wear a charcoal fleece with a nice fit, but I can’t help but feel the look is starting to feel tired. Fleece is an easy solution and was, for a while, the favorite office uniform of shadow banker bros everywhere, for a variety for reasons. Second, it provided a direct visual contrast to the navy-suit establishment, suggesting that your hedge fund or private equity firm had a different, cooler set of values (especially if said firm was ESG-Patagonia aligned). I knew one private equity titan who deliberately kept his office temperature frigid and always wore a fleece quarter-zip under his jacket, the better to put visitors, who were not expecting the chill, at a disadvantage. The problem is, at that point — or the I-don’t-want-to-look-like-an-extra-in- “Billions” point — fleece at work becomes a cliché.

Persons: — Jessica, Paul Locations: San Diego, Davos, Patagonia

☆ UK employers curb hiring at fastest rate in over 3 years: REC
▼ + stars: | 2023-09-07 | by ( David Milliken | ) www.reuters.com time to read: +2 min

Workers walk through the Canary Wharf financial district, ahead of a Bank of England decision on interest rate changes, in London, Britain, August 3, 2023. REC also reported that starting salaries rose at the joint-slowest pace since March 2021, although this was still a large increase by historic standards. A BoE survey on Thursday showed employers expect to raise wages by 5% over the coming year, above the 3-4% rate typical before the pandemic, when inflation stayed close to target. REC said there were "widespread reports" from its members that the pool of jobseekers had been swollen by increased redundancies. The REC surveyed around 400 recruitment agencies between Aug. 10 and Aug. 24.

Persons: Toby Melville, Neil Carberry, BoE, BoE Governor Andrew Bailey, jobseekers, David Milliken, Frances Kerry Organizations: Bank of, REUTERS, Confederation, REC, Bank of England, Thomson Locations: Bank of England, London, Britain

☆ The Armed Is One of Punk’s Biggest, Oddest Mysteries. That’s Changing.
▼ + stars: | 2023-08-21 | by ( Mike Isaac | More About Mike Isaac | ) www.nytimes.com time to read: +2 min

There are bands that are challenging to get into, and then there is the Armed. Its self-produced, highly weird music videos have a “Jackass”-meets-David Lynch aesthetic, with surprisingly advanced production values for an obscure Midwestern hardcore group. The Armed considers itself more of a collective or an art project than a band, with dozens of rotating members. Now, the Armed has a grand opportunity to capitalize on its years of toiling in relative obscurity. Harder acts like Scowl, Gel and Zulu are thriving, and Turnstile, the Baltimore-based hardcore group, has found a way to bridge hardcore to the mainstream.

Persons: David Lynch Organizations: Porsche Locations: Detroit, Baltimore, ”

☆ Amazon built a data center empire in northern Virginia. Exclusive filings reveal it's using as much energy as a major city.
▼ + stars: | 2023-08-16 | by ( Daniel Geiger | Ellen Thomas | ) www.businessinsider.com time to read: +16 min

Amazon does not disclose how many data centers it occupies, where they are located, or how much electricity they consume. Many of Amazon's data centers listed in the permits have been built recently and some may still be under construction. "You cannot run a data center based on the variability of solar and wind," Boston said. Any producer of renewable energy can sell one REC for every megawatt hour of renewable energy it generates. Brady, the Cushman & Wakefield data center executive, said that data centers often match their backup generation to the capacity of a data center's power supply.

Persons: Shaolei Ren, David Ward, Abraham Silverman, Sean Brady, Glenn Youngkin, Steve Helber, Terry Boston, –, Ben Hertz, Wood Mackenzie, Andy Jassy Mike Blake, Amazon's, Priya Barua, We've, Barua, Blackstone, Weston Swenson, Brady, Swenson, Josh Levi Organizations: Amazon, Washington DC, Amazon Web Services, UC Riverside, Columbia University's Center, Global Energy, Cushman & Wakefield, Dominion Energy, France's, AP, Greenhouse Gas Initiative, Republican, State Corporation Commission, Boston, state's Department, Environmental, Reuters, Microsoft, Google, Apple, Clean Energy Buyers Association, Virginia's Department, Industry, Cushman &, Dominion, Data Center Coalition Locations: Virginia, New York City, Washington, Seattle, France, Ward, Northern Virginia, West Coast, Cushman & Wakefield, CBRE

☆ Old-School Fans Celebrate Hip-Hop’s 50th
▼ + stars: | 2023-08-13 | by ( Alex Vadukul | More About Alex Vadukul | ) www.nytimes.com time to read: +1 min

The start of hip-hop dates to Aug. 11, 1973, when DJ Kool Herc created continuous break-beats by working two turntables during a party in a rec room at 1520 Sedgwick Ave in the Bronx. On Friday night, exactly 50 years later, a concert was held at Yankee Stadium — roughly a mile and a half from hip-hop’s birthplace — to honor the occasion, featuring Run-DMC, Slick Rick, Ice Cube, Snoop Dogg, Lil’ Kim and Nas. DJ Kool Herc, 68, also appeared onstage to accept an award. “I prefer old-school hip-hop,” Hetep said. He rapped about positivity, and that’s also what my music is about.”In the edited interviews below, attendees reflected on hip-hop’s 50th.

Persons: DJ Kool Herc, —, Slick Rick, Snoop Dogg, Lil ’ Kim, Nas, Tupac Shakur, Hetep BarBoy, ” Hetep, “, that’s Organizations: Yankee, ” Locations: Bronx

☆ Red Cross ends blood-donation restrictions that singled out gay and bisexual men
▼ + stars: | 2023-08-07 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

The American Red Cross is now allowing gay and bisexual men to donate blood without restrictions that specifically single out a person's sexual orientation or gender, the nonprofit group said Monday. The Red Cross is implementing new Food and Drug Administration screening guidelines that apply to all potential donors and are based on an individual risk assessment. The Red Cross provides about 40% of the nation's blood supply. Under the new FDA guidelines, men in monogamous sexual relationships with other men are eligible to donate as long as they meet other screening criteria. The Red Cross said in a statement that the organization understands the waiting period based on a history of anal sex appears to unfairly target gay and bisexual men.

Organizations: Hoboken Rec, Food and Drug Administration, FDA Locations: Hoboken, Hoboken , New Jersey

☆ UK hiring falls at fastest pace in over three years, wage growth slows
▼ + stars: | 2023-08-06 | by ( Suban Abdulla | ) www.reuters.com time to read: +2 min

Workers travel through London Bridge rail and underground station during the morning rush hour in London, Britain, September 8, 2021. A gauge of permanent staff hiring by the Recruitment and Employment Confederation and accountants KPMG fell to 42.4, the lowest since the 34.3 in June 2020 when the country was in lockdown due to the COVID-19 pandemic. While starting pay for new permanent staff rose sharply by pre-pandemic standards, the rate of wage growth was the lowest since April 2021, REC said. Official data showed unemployment rose to 4% in the three months to May, a 16-month high, although annual wage growth remained at a record high of 7.3% in cash terms. REC said the availability of both temporary and permanent workers to fill jobs hit the highest since December 2020.

Persons: Toby Melville, Neil Carberry, Claire Warnes, Suban Abdulla, David Milliken Organizations: REUTERS, KPMG, REC, Bank of England, BDO, Thomson Locations: London, Britain

☆ Make it a cool pickle summer with this easy method
▼ + stars: | 2023-08-05 | by ( Casey Barber | ) edition.cnn.com time to read: +8 min

Sure, you can preserve food with a more advanced water-bath canning method, especially if you’re planning to save your summer pickles for up to a year. Or add pickled vegetables such as green beans or cauliflower to a grain salad or grain bowl as a topping. While pickled vegetables are always welcome in pasta salad (and potato salad, for that matter), they also bring an unexpected zing to hot pasta recipes. Or add pickled shallots, broccoli or peppers to pesto-sauced noodles. And when it’s too hot to think of anything else to do, there’s always “snack dinner” with a variety of pickled vegetables to save the day.

Persons: CNN —, chow, Pickles aren’t, Kadir Kemal Behar, don’t, Dill, tarragon, Deb Lindsey, I’ve, Gregory Rec, there’s, Casey Barber Organizations: CNN, Anadolu Agency, Washington Post, Portland Press Herald

☆ Was Hip-Hop Really Invented 50 Years Ago?
▼ + stars: | 2023-08-04 | by ( Dan Charnas | ) www.wsj.com time to read: 1 min

The music world has been gearing up for Aug. 11, which will be widely celebrated as the 50th anniversary of the birth of hip-hop. The story goes like this: On that date in 1973, in the rec room of an apartment building on Sedgwick Avenue in the Bronx, a teenager named Cindy Campbell threw a party, charging admission to raise money so that she could buy clothes for the coming school year. This gathering, one of many that her brother Clive would DJ as “Kool Herc,” is counted by many as the birth of the yet-nameless genre, in part because Herc is said to have honed its foundational musical impulse there.

Persons: Cindy Campbell, Clive, Kool Herc, ”, Herc Locations: Sedgwick, Bronx

☆ India's ACME Group gets $490 million in funding for Oman project
▼ + stars: | 2023-07-22 | by ( ) www.reuters.com time to read: +1 min

Companies Acme Group FollowREC Limited FollowNEW DELHI, July 21 (Reuters) - Indian renewable energy company ACME Group said on Friday it raised 40 billion rupees ($487.98 million) in fresh funding from infrastructure finance firm REC (RECM.NS), to start its green hydrogen and ammonia project in Oman. The money will be used for the first phase of the project, which will be established at the special economic zone in Duqm, Oman, the group said in a statement. The facility is expected to produce 100,000 tons of green ammonia annually in its starting phase. It will then be expanded to 1.2 metric million tons per annum with about 3.5-gigawatts of electrolyser capacity. ($1 = 81.9714 Indian rupees)Reporting by Sarita Chaganti Singh in New Delhi; Editing by Nivedita BhattacharjeeOur Standards: The Thomson Reuters Trust Principles.

Persons: Sarita Chaganti Singh, Nivedita Organizations: Acme, ACME Group, REC, ACME, Thomson Locations: DELHI, Oman, Duqm, New Delhi

☆ 'Reality bites': High inflation and rates hit UK consumer confidence
▼ + stars: | 2023-07-20 | by ( Suban Abdulla | ) www.reuters.com time to read: +2 min

Market research firm GfK's headline gauge of consumer confidence fell to -30 this month from -24 in June, the first decline since January, and below the -26 forecast in a Reuters poll of economists. The fall was the biggest month-on-month drop in GfK's confidence measure since March to April 2022 when inflation accelerated after Russia's invasion of Ukraine. Staton said the recent slowdown in inflation will do little to improve consumer confidence. The Bank of England has increased interest rates at 13 meetings in a row since the end of 2021, raising its Bank Rate to 5% in June. The resilience of consumer confidence in the first half of this year was helped by low levels of unemployment and separate data published on Friday showed employers still seeking to hire.

Persons: Joe Staton, Staton, " Staton, Neil Carberry, Suban Abdulla, William Schomberg Organizations: Bank of, Confederation, Thomson Locations: Ukraine, Bank of England

☆ UK jobs market cools again, pay growth weakest since April 2021: REC
▼ + stars: | 2023-07-09 | by ( ) www.reuters.com time to read: +2 min

The Recruitment and Employment Confederation (REC) and accountants KPMG said increases in starting salaries for permanent and temporary staff were the weakest since April 2021. The BoE, which has raised interest rates 13 times since late 2021 in an attempt to tame the highest inflation rate among the world's big rich economies, has said it expects pay growth to weaken, easing price pressures. The monthly REC survey showed the availability of staff rose for the fourth month in a row to 57.6 from 55.6 in May, the steepest month-on-month increase since November 2009 excluding the coronavirus pandemic period. REC said uncertainty over the economic outlook weighed on hiring decisions in June. Vacancies ticked up further in June although the pace of growth was the weakest since records started in March 2021.

Persons: BoE, Neil Carberry, REC's, Claire Warnes, Suban Abdulla, William Schomberg Organizations: Bank of England's, Confederation, KPMG, REC, Thomson

☆ Duke Energy to sell distributed generation portfolio in $364 million deal
▼ + stars: | 2023-07-05 | by ( ) www.reuters.com time to read: +1 min

July 5 (Reuters) - Utility firm Duke Energy (DUK.N) said on Wednesday it would sell its commercial distributed generation business to private equity firm ArcLight Capital Partners in a $364 million deal. The business includes operating assets of REC Solar, which Duke had acquired in 2015, development pipeline and operations and maintenance portfolio, as well as distributed fuel cell projects managed by Bloom Energy (BE.N). Duke said it expects about $259 million of proceeds from this sale, which the company would use to help incorporate more than 30,000 megawatts of regulated renewable energy into its system by 2035. Electric utilities in the United States are streamlining their operations to shift away from fossil fuels toward cleaner energy sources, including solar and wind, to meet climate goals. "The sale of commercial renewables businesses streamlines our portfolio and provides the resources to support our growing regulated territories," said Duke President and CEO Lynn Good.

Persons: Duke, Lynn Good, Tanay, Shilpi Majumdar Organizations: Duke Energy, ArcLight Capital Partners, REC, Bloom Energy, Electric, Duke, Thomson Locations: United States, Bengaluru

☆ UK firms cut hiring of permanent staff, recruiters' survey shows
▼ + stars: | 2023-05-10 | by ( ) www.reuters.com time to read: +1 min

LONDON, May 10 (Reuters) - British firms reduced hiring of permanent staff via recruitment agencies at the fastest pace in more than two years, a survey showed on Wednesday, a day before the Bank of England announces its latest move to tackle inflation pressure. The Recruitment and Employment Confederation/KPMG said temporary hiring - which often increases when employers are uncertain about the economic outlook - rose at the fastest pace in seven months. "After a better month in March, in April we saw permanent hiring fall back quickly and businesses turn to temps to help them through. The REC survey showed staff availability increased for the second month in a row in April as some companies laid off workers and people sought better-paid work to help cope with an inflation rate that remained above 10% in March. Most investors and economists expect the BoE to increase Bank Rate for the 12th meeting in a row on Thursday.

☆ Recasting the upcoming GameStop movie: Here's who should play Ken Griffin, Steve Cohen, and the rest of the gang
▼ + stars: | 2023-04-27 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

Wall Street is getting the Hollywood treatment again. - Paul Giamatti as AMC's Adam Aron (This guy knows his way around Wall Street.) For more on the upcoming GameStop movie, including who is set to play the "pot-smoking retail trader," click here. Here's why the rest of Wall Street might be motivated to help First Republic. Meet the new generation of the ultra-rich on Wall Street.

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