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☆ Carrier, the century-old inventor of the air conditioner, is moving on to the home heat pump
▼ + stars: | 2024-04-22 | by ( Bob Woods | ) www.cnbc.com time to read: +10 min

Andrew Aitchison | In Pictures | Getty ImagesIn case you haven't noticed, heat pumps are hot. But there are other reasons why heat pumps are fast becoming popular with homeowners. All of this is transforming Carrier Global , the nearly 100-year-old manufacturer whose founder, Willis Carrier, invented air conditioning. Heat pumps have a history dating back to 1850s The thermodynamic science behind heat pumps was developed in the 1850s, when the first ones were invented, and they've been used in homes since the 1960s. Heat pumps use electricity to transfer heat from a cool space to a warm space, making the cool space cooler and the warm space warmer.

Persons: CARR, Andrew Aitchison, Willis Carrier, David Gitlin, Carrier, Hakan Yilmaz, Yilmaz, they've, Michael Kretschmer, Sebastian Kowalski, Kretschmer, Tobie Stanger, Dave Lis, Viessmann, Milena Oliveira, Oliveira, Mark Prodan, Prodan, There's Organizations: Carrier Global, United Technologies, Solutions, East Trade Policy, Getty, International Energy Agency ., U.S . Climate Alliance, Consumer, Energy Efficiency, Carrier, M, Energy Star Locations: Gardens , Florida, Saxony, Leipzig, America, U.S, Maine, Michigan, Indian, Connecticut, New York State

☆ Millennials aren't giving up on having a home they love
▼ + stars: | 2024-04-13 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com time to read: +5 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . From the home shortage to having higher debt compared to their parents during the same stage of life, it hasn't been easy. AdvertisementBut millennials, the eldest of the group being in their early 40s, aren't giving up. Still, while some millennials are spending seven figures buying and renovating their homes, others are giving up on homeownership completely. Why Masters merch is so coveted.

Persons: —, let's, Alyssa Powell, millennials, homeownership, they're, Brigette Muller, Kinga Krzeminska, you've, Mikel Jaso, It's, Christian Petersen, merch, Rob Hobson, Rob Hobson Skip, Hobson, bagels, Tyler Le, Patti Stanger, Robert Downey Jr, Brandy Hellville, Kate Taylor, Joi, Marie McKenzie, Jordan Parker Erb, Dan DeFrancesco, Lisa Ryan Organizations: Business, Service, HGTV, EU, Getty Locations: Brooklyn, Italy, Swiss, New York

☆ Millionaire matchmaker Patti Stanger knows what the ultrarich want in a partner
▼ + stars: | 2024-04-11 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +14 min

Now, over 15 years after "The Millionaire Matchmaker" first premiered, Stanger is back on reality TV with "Patti Stanger: The Matchmaker," an unscripted CW series where she's teamed up with former "Bachelor" star Nick Viall to help singles find love. I feel like that's a little bit controversial…Then don't date. Do ultrawealthy people all look for the same thing in a partner when they're dating with the intention to marry? Evans Vestal Ward/NBCU Photo Bank/NBCUniversal via Getty ImagesWhat are some of the biggest mistakes you see ultrawealthy people make when they're dating? "Patti Stanger: The Matchmaker" airs Thursdays at 8 p.m.

Persons: —, Patti Stanger, Stanger, she's, Nick Viall, Sydney Sweeney, Margot Robbie, Kim Kardashian, Congrats, — he's, I've, Marisa Peer, She's, Vicki Gunvalson, Vicki, Steve, It's, Reza Farahan, You've, I'm, Paul Giamatti, it's, there's, he's, they're, Emily Ratajkowski —, I'd, It's Margot Robbie, Kate Beckinsale, Heidi Gutman, they'll, Evans Vestal Ward, you've, quirkiness, haven't, Jennifer Aniston, Reese Witherspoon Organizations: Service, Club, Business, CW, Getty, they're Locations: Olive, New York, New Jersey, LA

☆ Hollywood writers' strike halts production of 'Stranger Things,' 'Severance,' Marvel's ‘Blade’
▼ + stars: | 2023-05-08 | by ( Sarah Whitten | ) www.cnbc.com time to read: +4 min

More than 11,000 film and television writers, who say their compensation doesn't match the revenue generated in the streaming era, are on strike for the first time since 2008. Since then, a number of notable films and shows have halted or wrapped production early, including Netflix's "Stanger Things," Disney and Marvel's "Blade," AppleTV+'s "Severance" and Paramount's "Evil." Beyond the delayed production, and likely delayed releases, of these titles, industry experts worry the work pause could have a financial toll greater than that of the previous writers' strike. A number of productions with finished scripts, like Amazon's "The Rings of Power," have decided to continue filming without writers or showrunners on set. "While we're excited to start production with our amazing cast and crew, it is not possible during this strike.

☆ Sex workers are feeling the financial pain of an economic downturn — and adding emotional support for clients to their job descriptions
▼ + stars: | 2023-02-11 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +8 min

From stripping to webcam modeling, sex workers are feeling the pain of a precarious economy. It's taking an emotional — in addition to financial — toll, since sex workers are often expected to lend their clients a compassionate ear. "Unfortunately, as sex workers, we do take the brunt of people's own stress of whatever is going on in our own lives," he added. Legal arenas of sex work are also showing signs of struggle as customers pull back from one of the world's oldest industries. Sex work saw a particular diaspora during the pandemic recession, Jungleib said, which saw a huge influx of people interested in online sex work.

☆ Factbox: Redemption wave hits private REITs amid valuation jitters
▼ + stars: | 2023-01-24 | by ( ) www.reuters.com time to read: +1 min

NEW YORK, Jan 24 (Reuters) - Investors looking to cash out of non-traded U.S. real estate income trusts (REITs) have pushed redemptions to an all-time high, forcing private equity firms to impose curbs to block withdrawals. The spike in redemptions comes as the returns of private REITs and their publicly-listed counterparts have diverged in recent months. REITs managed by Blackstone, Starwood and KKR reported returns of 8.4%, 6.3%, and 8.32% as of the end of December. Select REIT Total Return Index (.DWRTFT) fell 25.96% over the same period. Reuters Graphics Reuters GraphicsReporting by Chibuike Oguh in New York; Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.

☆ Blackstone CEO says financially distressed investors driving REIT redemptions
▼ + stars: | 2022-12-07 | by ( Chibuike Oguh | ) www.reuters.com time to read: +3 min

Blackstone relies on the REIT for about 17% of its earnings. Large redemptions have been seen at other such funds, with investment firm Starwood Capital informing investors last week that its $14.6 billion non-traded REIT also had raised the gates. There has also been a wave of redemptions at other non-traded Blackstone funds marketed to high net-worth investors. He added the redemptions did not mean the investors were not happy with the REIT and its profits. Blackstone has reported a 9.3% year-to-date return for its REIT, net of fees, a contrast to the publicly traded Dow Jones U.S.

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