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☆ A 17-year-old high schooler began a side hustle on Amazon with $3,500 and scaled it to almost $700,000 in revenue over 3 years. Here's how she did it, plus the steps she's taking to turn it into a ful
▼ + stars: | 2024-05-02 | by ( Laila Maidan | ) www.businessinsider.com time to read: +6 min

She wanted to customize her own product and thought it could be a good business idea. Profits for growthTo date, Lin's sales on Amazon since 2022 are at $688,000 according to records of her Amazon account viewed by Business Insider. Despite those astronomical sales, Lin says she's still breaking even. She's now able to pay her team in China, but she's not yet paying herself a salary. She realized that not everything is a good business idea.

Persons: Bella Lin, Lin, she's, She's, Lin doesn't, TLeggings Organizations: Service, Business, Amazon Locations: China, Amazon

☆ Oil prices pick up on prospect of U.S. replenishing strategic reserve
▼ + stars: | 2024-05-02 | by ( ) www.cnbc.com time to read: +2 min

An oil pumpjack is pictured in the Permian basin, Loco Hills regions, New Mexico, U.S., April 6, 2023. Oil prices rose on Thursday on the prospect the U.S. may start buying crude for its petroleum reserve, after prices sank to a seven-week low on hopes for an Israel-Gaza ceasefire, doubts about U.S. interest rate cuts and swelling oil inventories. U.S. West Texas Intermediate (WTI) crude for June climbed 22 cents, or 0.3%, to $79.22 a barrel. The U.S. aims to replenish its Strategic Petroleum Reserve, or SPR, after a historic sale from the emergency stockpile in 2022 and wants to buy back oil at $79 a barrel or less. Any delay in rate cuts could slow economic growth and dampen demand for oil.

Persons: WTI, Hiroyuki Kikukawa, Kikukawa, Benjamin Netanyahu Organizations: Brent, . West Texas, NS, Nissan Securities, Strategic Petroleum Reserve, U.S, U.S . Energy Information Administration, U.S . Federal Reserve Locations: Loco Hills, New Mexico, U.S, Israel, Gaza, Egypt, Israeli, Rafah

☆ Amazon, Starbucks show how jittery US customers are about the economy
▼ + stars: | 2024-05-01 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +2 min

Starbucks CEO Laxman Narasimhan said the coffee chain's customers were growing more cautious. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementUS consumers are becoming more prudent with their spending, executives at Amazon and Starbucks said on Tuesday. "A challenging macro environment including rising interest rates and elevated costs continues to create volatile consumer confidence levels and put pressure on consumer spending," Borden said then. Representatives for Amazon and Starbucks didn't immediately respond to requests for comment from BI sent outside regular business hours.

Persons: Brian Olsavsky, Laxman Narasimhan, —, Olsavsky, Narasimhan, Ian Borden, Borden Organizations: Starbucks, Service, Amazon, Bank of America, BI

☆ Red Lobster Isn't Nearing Bankruptcy Because of Endless Shrimp
▼ + stars: | 2024-05-01 | by ( Emily Stewart | ) www.businessinsider.com time to read: +9 min

While Red Lobster increased traffic somewhat, people coming in to chow down on all-you-can-eat shrimp was a money bleeder. But the story about what's gone wrong with Red Lobster is much more complicated than a bunch of stoners pigging out on shrimp (and, later, lobster) en masse. Red Lobster first opened in Lakeland, Florida, in 1968 and was acquired by the food conglomerate General Mills in 1970. "What's truly happened with Red Lobster is that the consumer base has changed and Red Lobster hasn't," he said. "Red Lobster isn't losing to a competitor in their space — they're losing to competitors outside their space."

Persons: It's, what's, Jonathan Maze, Mills, General Mills, Olive, Darden, Red, Eileen Appelbaum, isn't, they've, it's, Keith Bedford, Darren Tristano, John Gordon, Kim Lopdrup, Red Lobster's, He's, Jonathan Tibus, Gordon, Tristano, You've, Emily Stewart Organizations: Bloomberg, Restaurant Business, Olive Garden, LongHorn, Darden, Golden Gate, American Realty, Lobster, Center for Economic, Policy Research, Thai Union, Seafood Alliance, Thai, Fortress Investment Group, Reuters, Business Locations: chow, Lakeland , Florida, San Francisco, Thai, Thailand, Thai Union, Golden, San Diego

☆ China’s Electric Cars Keep Improving, a Worry for Rivals Elsewhere
▼ + stars: | 2024-05-01 | by ( Keith Bradsher | ) www.nytimes.com time to read: 1 min

Automakers in China are building a new generation of bigger, more technologically advanced and competitive electric cars, threatening to leap further ahead of their global rivals as they step up exports around the world. The dozens of car companies operating in China plan to put 71 new battery electric models on sale this year. The cars have bigger tires that improve braking. The changes are aimed at making the cars even more appealing for customers in China and more competitive abroad. Along with plug-in hybrid cars, battery electric cars are taking sales away from gasoline-powered cars and their manufacturers.

Locations: China

☆ Trump Media shares collapsed, rallied, and are collapsing again. No one knows why.
▼ + stars: | 2024-05-01 | by ( Peter Kafka | ) www.businessinsider.com time to read: +3 min

Donald Trump's social media stock collapsed a month ago, and people were happy to tell you why. AdvertisementRemember when Trump Media & Technology Group Corp, the company that operates Truth Social, Donald Trump's social network, turned into a publicly traded stock? AdvertisementSo how do we explain that over the course of the past two weeks, Trump Media shares had doubled again? Here is the reason that Trump shares collapse, or rally, or collapse again: There is no underlying reason. So go ahead and bet on, or against Trump Media — on any given day, you could be right?

Persons: Donald Trump's, —, Trump, Donald Trump, you'd, Jon Stewart Organizations: Trump Media, Service, Trump Media & Technology Group Corp, Truth, CNBC, Trump, GameStop, AMC, Knicks, Sixers, Trump Media — Locations: Bath

The same bacteria that commonly cause food-borne illnesses, like salmonella, E. coli and listeria, can fester in raw milk. Between 1998 and 2018, researchers linked over 200 outbreaks, which sickened 2,645 people and led to 228 hospitalizations, to raw milk. Can you catch bird flu from raw milk? Researchers and health officials are not sure whether bird flu can spread from raw milk to humans. “There’s not a tremendous amount of studies showing the infectivity related to this virus and raw milk products,” Dr. Prater said.

Persons: I’m, ”, Dean Blumberg, isn’t, Darin Detwiler, Rosemary Sifford, “ There’s, Dr, Prater Organizations: UC Davis Health, Food and Drug Administration, College of Professional Studies, Northeastern University, Department of Agriculture

☆ Florida real estate struggles as ‘motivated’ sellers flood market
▼ + stars: | 2024-05-01 | by ( Taylor Craig | In | ) www.cnbc.com time to read: 1 min

Once a red-hot destination for out-of-state homebuyers, Florida is seeing its inventory of homes for sale skyrocket and price growth stagnate. "It was one of the only markets that actually sustained price growth after interest rates went up, so I think this correction is a bit overdue." According to Redfin, the median time a Florida home spent on the market was 57 days in March. "More new listings are coming on the market right now too." There are more than 5,600 active listings in Florida that include the keyword "motivated" in the description on Zillow .

Persons: Daryl Fairweather, CNBC's, Redfin, It's, Fairweather Locations: Florida

☆ My $500,000 Home Renovation Turned Into a Real-Estate Nightmare
▼ + stars: | 2024-05-01 | by ( Christine Chitnis | ) www.businessinsider.com time to read: +13 min

What was supposed to be a yearlong $140,000 renovation ballooned into three excruciating years that cost us more than $500,000 — and the work is still not finished. But as my husband and I soon discovered, unless you've made a plan, legal protections for homeowners are close to nonexistent. Every time our contractor turned up the temperature, we grimly adjusted to the reality of our demise. Knowing the cardinal rule of home renovation — never pay in full until the job is over and inspected — we grew suspicious. Despite completing several home-improvement and renovation projects with her husband over the years, she lacked the confidence to DIY the renovation of her newly purchased 6,500-square-foot home.

Persons: Arcadis, you've, Christine Chitnis, wasn't, It's, We've, Amanda Jane Jones, Jones, David Jensen, Greenberg Traurig, He'd, Jensen, Lisa DiAntonio, DiAntonio, hadn't, what's, Condé Organizations: Homeowners, Harvard's, for Housing Studies, Department of Business, American Institute of Architects, Vogue, The New York Times Locations: Rhode Island, North America, Northern Michigan, Michigan, Utah, New Jersey, Andover , Massachusetts

☆ A crypto bigwig dropped $1.5M on a watch from the Titanic as a gift for his wife
▼ + stars: | 2024-05-01 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +3 min

FTX's former head of Europe bought the most expensive Titanic relic ever auctioned. The gold watch sold for $1.5 million, and belonged to John Jacob Astor IV. Gruhn is a German crypto law veteran who formerly served as the head of FTX Europe. Gruhn is now readying the launch of a new crypto trading venue called Perpetuals, and said he plans to restart FTX Europe under a different name. "From all the facts it was clear that FTX Europe did not and couldn't know about the fraud from SBF," he said.

Persons: John Jacob Astor IV, Gruhn, —, Patrick Gruhn, Henry Aldridge, Astor, Andrew Aldridge, wasn't, Sam Bankman, Fried Organizations: Service, Titanic, titans, Henry Aldridge & Son Locations: Europe, German, America, United States, Gruhn

☆ Higher-paid employees looking for work are having a tough time, and it could be a sign of a shift in the workplace
▼ + stars: | 2024-04-30 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, we examine how tough the job market is for the well-paid employee . That's the current job trend, as higher-paid employees are having trouble finding work despite a historically strong labor market. iStock; Rebecca Zisser/BIThe so-called white-collar recession could also have a lasting impact on the job market for high earners. AdvertisementIt speaks to the broader theme of efficiency Big Tech companies have touted for the better part of a year .

Persons: —, Alyssa Powell, Insider's Aki Ito, BI's Emily Stewart, Aki, Rebecca Zisser, Wall, There's, Christine Ji, Kenneth Tan, Alexander Spatari, Abanti Chowdhury, Christine Ji's, Raymond James, Larry Adam, Goldman Sachs, Elon Musk, Premier Li Qiang, Beijing . Wang Ye, Musk, Li Qiang, Jensen Huang, Douglas Sacha, Getty, Bob Bakish, Shari, David Kohl, Shopify, Changpeng Zhao, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Business, Service, Hamptons, Big Tech, Tech, Amazon, Bank of America, Elon, Premier, AP Elon Musk's, Federal Reserve, Paramount Locations: America, Beijing ., Xinhua, China, New York, London

☆ A new Walmart in-store AI is giving employees advice on how to sell products before it's too late
▼ + stars: | 2024-04-30 | by ( Michelle Castillo | ) www.cnbc.com time to read: +6 min

The internally developed AI technology allows Walmart employees to scan produce like bananas to see how ripe the product is. Many clothing items are not recyclable, due to being made of blended fabrics. U.S. residents also discard about 11.3 million tons of clothing waste each year, according to Earth.org. Walmart isn't alone in using AI to tackle in-store waste, as several startups are creating tools to solve this growing problem. "When it comes to food waste, there is no silver bullet," said ReFED's executive director Dana Gunders, which has worked with Walmart for a few years on food waste solutions.

Persons: it's, Swati Kirti, Kirti, It's, UCLA Anderson, Sravana Karnati, Dana Gunders, Homer Swei, Swei, Karnati Organizations: Walmart, Walmart International Tech, UCLA, Walmart International Technology, Walmart Global Tech, Retailers Locations: Canada, U.S, United States, Mexico

☆ Fresh customer-fraud allegations against Globe Life
▼ + stars: | 2024-04-30 | by ( Susan Antilla | ) www.businessinsider.com time to read: +9 min

Read previewThe embattled insurer Globe Life and its subsidiary American Income Life face new allegations of fraud, kickbacks, and misclassifying its army of sales agents. Neither Globe, AIL, or any affiliated agencies have requested a correction on BI's series, which has been cited in all three short-seller reports. Spokespeople for Globe, AIL, and Arias did not respond to inquiries about the Viceroy report. Viceroy today published excerpts from a civil complaint alleging that Globe Life required recruits to purchase the course from Xcel for $149, $119 of which was kicked back to Globe Life, AIL, and agency executives, an allegation Globe has denied. "As you might expect, these sales tactics do not engender long-term retention of policies," the Viceroy report states.

Persons: —, AIL, Fraser Perring, Nate Koppikar, Panda, Arias, Erica Robertson, Robertson, Amy Williamson, Renee Zinsky, Fuzzy Panda, Jamie Winters, Winters, Viceroy, AIL's, Antonio – Organizations: Service, Viceroy Research, Globe, Business, Research, Orso Partners, Insurance Department, Pennsylvania, Arias Organization, Social, Organization, AIL, BI, Department, Xcel, Liberty National Life, Ohio Department of Insurance Locations: Texas, London, Globe, Maryland, Pennsylvania, Arias's Wexford, California, Xcel, Ohio, Antonio

☆ Biden administration plans to reclassify marijuana, easing restrictions nationwide
▼ + stars: | 2024-04-30 | by ( Julie Tsirkin | Monica Alba | ) www.cnbc.com time to read: +7 min

"DOJ continues to work on this rule," a Biden administration official said. "No one should be jailed for using or possessing marijuana," the president said during the speech. "Reclassifying marijuana as a Schedule III drug sends the message that marijuana is less addictive and dangerous now than ever before. US President Joe Biden speaks during the White House Correspondents' Association (WHCA) dinner at the Washington Hilton, in Washington, DC, on April 27, 2024. Nearly six in ten Americans say that marijuana should be legal for medical and recreational purposes, according to a Pew Research poll last month.

Persons: John Tlumacki, Biden, Joe Bidens, Tom Williams, Joe Biden, Barack Obama's, Jim Cole, Obama, Cole, Kevin Sabet, Brendan Smialowski, Brad Horrigan Organizations: Delta, Trade, Boston Globe, NBC, Drug, Department of Health, Human Services, DOJ, Biden, Internal Revenue, Justice's, DC Marijuana Justice, CQ, Inc, Getty, State, National Cannabis Roundtable, NBC News, Smart, Marijuana, Obama Administration, White, Correspondents ' Association, Washington Hilton, AFP, Management, CRA, Pew Research, Florida Supreme, Tribune, Service Locations: Wareham, deducting, New York, California, Washington ,, Florida

☆ Exclusive: French VC firm Ventech has exited digital music company Believe and launched its 6th fund
▼ + stars: | 2024-04-30 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +3 min

Read previewVenture capital firm Ventech has sold its stake in digital music company Believe, saying the company's lack of liquidity has led to it being "chronically undervalued" on the Paris Stock Exchange. "It wasn't really possible to use the Believe stock to accelerate its build-up," he added. Related stories"The management wanted to size the company, but the stock price and liquidity wasn't allowing that," he said. Ventech has raised an initial closing for its sixth fund, targeted at around €225 million ($241 million). Ventech has made initial deals from its sixth fund, backing French startup Firecell and German real-estate management company Einwert.

Persons: —, Ventech, Jean Bourcereau, Thomas Bravo, Bourcereau Organizations: Service, Paris Stock Exchange, Business, London Stock Exchange Locations: Ventech, €, Europe, Stockholm

Learn moreNew Edition's Las Vegas residency is still going strong through 2024, though only a few tour dates remain. All six members of New Edition are returning for the remainder of the group's Las Vegas residency, which kicks off on July 3. You may have better luck with the variety of seating options and availability on resale sites compared to the original tickets still left. Given the high demand for the group's remaining Las Vegas residency shows, tickets to see New Edition in 2024 are relatively expensive. The cheapest original ticket prices on Ticketmaster begin at $175 for New Edition's Las Vegas shows on October 30 and November 1.

Persons: Bobby Brown, Ralph Tresvant, Johnny Gill, Ricky Bell, Michael Bivins, Ronnie DeVoe, we've, It's, Coco Jones Organizations: Business, Las, Encore, New, Cincinnati Music Festival, Ticketmaster, New Edition's, Vogue, Vivid, Cincinnati Music, showtime Locations: Las Vegas, Vegas, Cincinnati, New Edition's Las Vegas, New Edition's Cincinnati

We'll show you everything you need to know about how to get Billie Eilish tickets, including details on accessing the pre-sale. We've got you covered if you're looking for tickets to Billie Eilish's 2024-2025 concert tour. How to get Billie Eilish ticketsInitial Billie Eilish tickets are sold through Ticketmaster. Historically, Billie Eilish tickets are snapped up pretty quickly, so fans will want to be waiting in the queue as soon as the sale starts. How much are Billie Eilish tickets?

Persons: Eilish, Oscar, Billie Eilish, Finneas, James Bond, We've, Billie Eilish's, she'll, we've, Québec, Saint, Billie, you'll Organizations: Business, Academy, Ticketmaster, IL, San Jose , CA, American Express, Heritage Bank Center Locations: North America, Canada, Australia, Ireland, Toronto, Baltimore, Philadelphia , PA, Detroit , MI, Newark , NJ, Boston, Pittsburgh , PA, New York, NY, Atlanta, Nashville, TN, Cincinnati, Saint Paul, Chicago, Kansas City ,, Omaha, Denver, Vancouver, Seattle , WA, Portland, San Jose ,, Glendale, AZ, Los Angeles , CA, States, New York , Illinois, Colorado , Virginia , Utah, Connecticut, Cincinnati , Ohio

☆ Cannabis stocks surge as Biden administration moves to reclassify marijuana
▼ + stars: | 2024-04-30 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +1 min

Trade Roots, a Wareham-based Cannabis dispensary grows cannabis plants for making CBD with THC in their greenhouse, and manufactures CBD products for sale in their shop and distribution to buyers. Cannabis stocks leapt on Tuesday afternoon, buoyed by a Biden administration decision to ease federal restrictions on marijuana. The U.S. Drug Enforcement Administration is expected to approve an opinion by the Department of Health and Human Services to reclassify marijuana as a Schedule III substance, NBC News reported, citing four sources with knowledge of the decision. Marijuana has been labeled a Schedule I substance for more than 50 years, the same as methamphetamine and heroin. Investors in cannabis stocks cheered the move, with the AdvisorShares Pure US Cannabis ETF (MSOS ) surging nearly 20% in afternoon trading.

Organizations: U.S . Drug, Department of Health, Human Services, NBC News, Marijuana, Drugs, Cannabis ETF Locations: Wareham, U.S

☆ Paramount axed its CEO, then held a bizarre earnings call where it played the 'Mission: Impossible' theme song over and over and refused to take questions
▼ + stars: | 2024-04-30 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

No questions were taken and the call ended with the Mission: Impossible theme being played on loop. The company announced the departure of its president and CEO Bob Bakish before the call. AdvertisementParamount executives didn't take any questions during the company's earnings call on Monday, and ended up blasting the Mission: Impossible theme music on loop to their investors instead. The entertainment studio's first quarterly earnings call of the year took place after Paramount announced the ouster of its president and CEO Bob Bakish. The earnings call ran for only 8 minutes and 50 seconds, and the executives in attendance weren't open to taking questions.

Persons: Bob Bakish, —, didn't, Bakish, George Cheeks, Chris McCarthy, Brian Robbins, Jaime Morris, Anna Nicolaou, Matthew Belloni, Alex Stedman, Shari Redstone, David Ellison's Skydance, David Ellison, Larry Ellison, There's, Paramount didn't Organizations: Paramount, Service, — CBS, Showtime, MTV Entertainment, Paramount Pictures, Nickelodeon Nickelodeon, Financial Times, Netflix, David Ellison's Skydance Media, Oracle, BI

☆ Adidas’ retro-inspired shoes are flying off shelves
▼ + stars: | 2024-04-30 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Adidas’ Samba and Gazelle sneakers might look like they’re from another decade, but they’re the hottest shoes on sale right now. Buoyed by the strength of those shoes, plus higher demand for its running, basketball and soccer shoes, Adidas registered a net profit of about $182 million through the first three months of 2024 — a sharp reversal from the same time period last year when it reported a $26 million loss. In particular, sales in Europe soared 14%, and Adidas also had strong demand for its products in China and Latin America. “The markets are still volatile and not easy, but we feel we are making progress everywhere,” said Adidas CEO Bjørn Gulden in a release. Last year, Adidas slumped to a rare annual loss, hit by the fallout from its costly break-up with rapper Ye, sluggish sales in North America and a huge tax bill.

Persons: Ye, ”, Bjørn Gulden, “ Organizations: New, New York CNN, Adidas, ’, Copa America, Rival Nike, German, soccer teams Locations: New York, German, Europe, China, Latin America, North America

The US Department of Justice is expected to recommend that marijuana be rescheduled as a Schedule III controlled substance, a classification shared by prescription drugs such as ketamine and Tylenol with codeine. The standard rulemaking process is lengthy, is subject to a public comment period, and could take months to complete. However, rescheduling marijuana will not solve that federal-state conflict, the Congressional Research Service noted in a January 16 brief. States with medical marijuana programs do currently have some federal protections in place via appropriations legislation that restricts the Justice Department from interfering in those programs. The FDA’s scientific and medical evaluation of marijuana did not address products containing plant-derived cannabidiol, commonly known as CBD.

Persons: CNN —, Biden, General Merrick Garland, Joe Biden Organizations: CNN, US Department of Justice, Associated Press, White, Office of Management, US Health, Human Services, Food and Drug, Justice Department, Staff, National Institute on Drug, Delta, National Conference of State Legislatures, Congressional Research Service, CRS Locations: Colorado

☆ Jeep-maker Stellantis reports sharp fall in revenue as it shifts car portfolio
▼ + stars: | 2024-04-30 | by ( Jenni Reid | ) www.cnbc.com time to read: 1 min

Maserati's first GranCabrio convertible since 2019 is scheduled to go on sale this summer in the U.S. Global automaker Stellantis on Tuesday reported a 12% decline in revenue in the first quarter, citing lower sales and foreign exchange effects, even as net pricing held firm. Chief Financial Officer Natalie Knight said year-over-year shipment and net revenue comparisons were difficult due to the company's transition to a "next generation product portfolio manufactured on new platforms." This is a breaking news story and will be updated shortly.

Persons: Maserati's, Natalie Knight Organizations: U.S . Global, Stellantis Locations: U.S

☆ 18 ancient Egyptian human skulls are being auctioned for $250 each, in a grim sale of colonial spoils
▼ + stars: | 2024-04-30 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +4 min

Read previewA British auction house has been criticized after listing 18 human skulls from ancient Egypt. But experts have raised objections, and have asked for a review of laws around the sale of human remains. This latest episode offers a window into the strange trade in human remains, which is legal in many places worldwide. The shrunken head problemVan Broekhoven has had to grapple with the issue of handling human remains in museum collections. The Pitt Rivers Museum has a collection of shrunken heads — some human — along with other human remains, which were taken off display in 2020.

Persons: —, Dan Hicks, Hicks, Augustus Henry Lane Fox, Pitt Rivers, Semley Auctioneers, Laura Van Broekhoven, Van Broekhoven, there's Organizations: Service, Business, Pitt Rivers Museum, Augustus Henry Lane Fox Pitt Rivers, Oxford University Locations: Egypt, Thebes, Benin, Augustus Henry Lane Fox Pitt, Indonesian

☆ Skydance Offers Paramount a Deal Sweetener: A $3 Billion Cash Infusion
▼ + stars: | 2024-04-29 | by ( Benjamin Mullin | Lauren Hirsch | ) www.nytimes.com time to read: +1 min

With the fate of Paramount hanging in the balance, its leading suitor has just upped the ante. Skydance also offered to give Paramount shareholders a larger stake in the combined company than it had initially proposed. The vociferous pushback by investors, combined with the complicated nature of the transaction, means the Skydance deal could still fall apart, people familiar with the process said. Paramount has been in deal discussions with the movie studio Skydance for months, after Ms. Redstone decided late last year to consider a sale for her media empire. Since then, the company has entertained interest from suitors including Apollo, the private-equity giant, and Skydance, which is proposing a merger.

Persons: Skydance, Shari, Redstone Organizations: Paramount

When you miss a mortgage payment, you incur late fees and hurt your credit score. But skipping mortgage payments comes with serious consequences that could include losing your house. Are you finding it hard to make your monthly mortgage payment? This allows you to pause your mortgage payments for a certain amount of time or, in some cases, make reduced payments instead. FAQsWhat should I do first if I realize I can't make my mortgage payment?

Persons: Craig Martin, Christian Mills, Freddie Mac, you've, you'll, it's, Aly J, Yale Aly J, Bob Organizations: Christian, US Department of Housing, Urban, Chevron, Yale, Forbes, Money Magazine, The Dallas Morning News, Bob Schieffer College of Communication, Twitter

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