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☆ Dutch Bros CEO details nationwide expansion strategy as company nears 900 locations
▼ + stars: | 2024-05-08 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Dutch Bros CEO Christine Barone discussed her company's expansion strategy in an interview with CNBC's Jim Cramer, saying the coffee chain focuses on training employees when they go to a new market. Barone said Dutch Bros is "on the path" to 4,000 stores and hit 876 locations this quarter. Dutch Bros beat analysts' expectations when it reported earnings Tuesday evening, and shares closed 11.79% higher Wednesday. The company's success follows a weaker-than-expected quarter from competitor Starbucks . Barone, who took over as CEO in January, attributed some of Dutch Bros' success to its emphasis on customer service.

Persons: Christine Barone, CNBC's Jim Cramer, Barone, they're, Laxman Narasimhan, We've Organizations: Dutch Bros, Bros, Starbucks Locations: Dutch, Oregon, West, Florida, Texas, Tennessee, East Coast

☆ Paul Rabil on his new book 'The Way of the Champion'
▼ + stars: | 2024-05-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPaul Rabil on his new book 'The Way of the Champion'Paul Rabil, Premier League Lacrosse co-founder, joins 'Closing Bell' to discuss his new book, The Way of the Champion, which talks about finding success across business and sports.

Persons: Paul Rabil Organizations: Premier League Lacrosse

☆ ‘Ozempic babies’: What the science says on whether GLP-1s lead to surprise pregnancies, and their safety if they do
▼ + stars: | 2024-05-08 | by ( Mira Cheng | Meg Tirrell | ) edition.cnn.com time to read: +12 min

“I was depressed, severely depressed for that whole time.”Five months earlier, in October 2022, Bentley had started taking Mounjaro for weight loss. Ozempic uses the active ingredient semaglutide, and Wegovy is the version approved for weight loss. Mounjaro uses tirzepatide, which also targets a second hormone called GIP, and Zepbound is its brand name for weight loss. Safety in pregnancyEven as GLP-1 medicines may increase fertility, little is known about their safety during pregnancy. “It’s kind of like heart failure or sleep apnea,” he said, referring to conditions for which GLP-1 drugs have recently shown positive results.

Persons: CNN — Catera Bentley, Bentley, ”, “, ” Bentley, she’d, —, ‘, ’ Bentley, Jody Dushay, Dushay, Catera Bentley, Ivy, Daniel Drucker, ” Drucker, they’re, Drucker, Eli Lilly, ” Dushay, haven’t, That’s, Anuja Dokras, Dokras, Melanie Cree, Cree, PCOS, aren’t, Eli Lilly’s, Daniel Skovronsky, ” Skovronsky, Dr, Sanjay Gupta, it’s, Mounjaro Organizations: CNN, Beth Israel Deaconess Medical Center, Harvard Medical School, University of, Mount Sinai, Novo Nordisk, Zepbound, US Centers for Disease Control, University of Pennsylvania, PCOS, Children’s Hospital, National Institutes of Health, CNN Health Locations: Steele , Alabama, Mount, United States, Children’s Hospital Colorado, —, Colorado

☆ These are the top business-development execs competing to hire elite portfolio managers at hedge fund giants Citadel, Millennium, Point72, and more
▼ + stars: | 2024-05-08 | by ( Alex Morrell | ) www.businessinsider.com time to read: +34 min

Unlike business development in corporate America, which focuses on growing a company's prospects with partners and clients, hedge fund BD teams specialize in scouting, evaluating, and wooing investment talent. AdvertisementFew have been involved in hedge fund BD longer than Jennifer Blake, Balyasny's global head. The fund's BD department remains in close contact with PMs after they join as a resource and advisor. Vernon Yuen/Getty Images$61 billion AUM2,200+ employeesAdvertisementKen Griffin's Citadel has outperformed not just its immediate rivals but every other hedge fund. He runs a team of about 20 as head of business development in the Americas, the largest region of the largest player in this space.

Persons: —, Griffin's, Izzy Englander's, Goldman Sachs, Headcount, execs, Dmitry Balyasny, Brendan McDermid, Jennifer Blake, Balyasny's, Morgan Stanley, Dmitri Balyasny's, Blake, it's, Federico Chavarria, Balyasny, Dave Matz, Smith Hanley, Alistair Jacobs, Dave Black, Peter Appel, Federico Chavarria MD, Andrew McHugh, Jules Biolsi, Michael Platt, he's, BlueCrest, Michael Grad, Grad, Jake Lindsay, Mungo Strachan, BlueCrest's, Brevan Howard Brevan Howard, Alan Howard, Ringo Chiu, Brevan Howard, Alan Howard's, Aran Landy, Brevan, Abu, It's, Landy, Howard, Peter Hornick, David Abbou, Jonathan Candy, Gregoire Vidal, Vidal, Tim Williams, Andy Silver, Gautam, Ken Griffin, Vernon Yuen, Ken Griffin's, Griffin, Matt Giannini, Giannini, headhunter, Matt, I've, — Thomas DeAngelis, Lindsay Previdi, Rice, Dore, Eleanor Sharkey, Melinda Urban, Mark Hansen, Julian Ulmer, Mathur, Adam Sharkie, Michael Page, Eisler, Edward Eisler, Sam Wisnia, Chris Milner, Milner, Hilary Curran, Hilary Curran Global, Rebecca Zisser, Michael Gelband, Hornick, Jeff Gelband, Mike Tiano, Eric Han, Garrett Berg, Liu, APAC Blackstone, Euan Shand, Kevin Carroll, Emily, Needham, Ostendorf, Ben Levine, Stefan Renold, LMR, Marcus Fairhurst, He'd, LMR's, Izzy, Ronda, Singh, Mark Meskin, Justin Gmelich, Steve Keller, Benjamin Williams, Madhvani, Paritosh Singh, Ben Williams, Kristina Tully, Steven Cohen, Point72, Shayanne, Steve Cohen's, Harry Schwefel, Chandler, Steve Cohen, JT Shields, They're, Schwefel, Alyssa Friedman —, Chandler Bocklage, Reid Murphy, Jae Yang, Japan Goldman Sachs, Alyssa Friedman, Jackie Dai, Gabriel Sanders, Ajay, Steven Schonfeld, Michael Nagle, Steve Schonfeld's, Ryan Tolkin, Schonfeld, doesn't, Akshay Aggarwal, Alex Burns, Ryan McCort, Colin Lancaster, Mitesh, Sameer Buch, Brittany Lynch, DMFI, Goldman, Verition, Nicholas Maounis, Josh Goldstein, Brian Townes, Townes, Elizabeth Xiang MD, Vir, Steve Satenstein, Chris Svoboda, Will England, Thomas DeAngelis, DeAngelis, Jonathan Brenner, hasn't, Maureen Reed, John Sullivan, Brenner, Walleye's Organizations: Service, Management, Wall, Business, Balyasny, Balyasny Asset Management, Quadra Advisors, SAC, Macquarie, BD, UBS, Grad, Financial Times, Michael, Lascaux, Howard BD, Brevan, Argentum Advisors, BH Digital, McKinsey & Company, JPMorgan, Ken Griffin's Citadel, Citadel, Citadel's, decamping, Chicago, Citadel BD, Walleye Capital, of Surveyor, Millennium, Capital, Credit, Ashler, Rice, Deutsche Bank, LMR Partners, London, Dore Partnership, Soros, Soros Fund, Ronda Churchill, Bloomberg, Getty, Guggenheim, Industry, MLP, Americas Guggenheim, Americas Citadel, SAC Capital, SEC, Point72 Academy, Citigroup, BD Energi, Japan, EMEA, APAC BNP, Schonfeld, PAAMCO, KKR, DMC Partners, Topwater, LinkedIn, New, New Holland Capital, BD —, Walleye, Lehman Brothers, Hutchin, Putnam Investments, ~$ Locations: America, Asia, Balyasny, Blackstone, New Holland, Abu Dhabi, BlueCrest, Europe, Graticule, ExodusPoint, Hornick, Freestone, New York, Schonfeld, Brevan, he's, Aberdeen, Hong Kong, Zurich, Glasgow, Dubai, Americas, Point72, quant, Verition, London, Greenland, Minnesota, Citadel

☆ Nikki Haley won nearly 130,000 votes in the Indiana GOP primary. Here's what that means for Trump ahead of the general election.
▼ + stars: | 2024-05-08 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Since 1940, the state has voted for the Republican presidential nominee in every election except for 1964 and 2008. And former President Donald Trump is virtually assured of winning the state this November, as he also did in 2016 and 2020. But an interesting thing happened on Tuesday: Trump won the GOP presidential primary, but former UN Ambassador Nikki Haley still won over 20 percent of the vote, despite her March exit from the race. With nearly all precincts reporting their results, Trump earned 461,663 votes (78.3 percent) to Haley's 128,168 votes (21.7 percent). But many suburban voters are also concerned about issues like the preservation of democracy, abortion rights, and environmental policy, which all strongly favor Biden.

Persons: —, Mike Pence, Dan Quayle, Donald Trump, Trump, Nikki Haley, Haley, Biden Organizations: Service, Republican, Business, GOP, Indianapolis, — Trump, Marion, Trump, Indiana, RNC Locations: Indiana, Virginia, North Carolina, Indianapolis, Marion, Trump's, Hamilton County, Milwaukee, While Indiana

☆ Big Tech is eating as much data as it can to win in AI — but it's not 'winner takes all,' CEO says
▼ + stars: | 2024-05-08 | by ( Ryan Browne | ) www.cnbc.com time to read: +4 min

Matt Calkins, CEO and co-founder of Appian, said that though internet giants like Microsoft , Amazon , and Google are spending billions on the tech, ensuring success in AI is "not just about money." "AI is not a place where money makes more money," Calkins told CNBC in an interview at its London bureau on Tuesday. Microsoft has struck a similar deal with Mistral, taking a 15 million euro ($16 million) stake in the French AI firm. Separately, Amazon has invested a whopping $4 billion into U.S. AI firm Anthropic, which is behind the Claude AI system. "The best AI will be the AI you put your data into, not whoever bought the biggest stack," he said.

Persons: Matt Calkins, Appian, Calkins, Sam Altman, Altman, Claude, you've, —, Sundar Pichai Organizations: Microsoft, Google, CNBC, Mistral, Amazon, OpenAI, Anthropic, British Locations: London, OpenAI, Redmond, Washington, French, Anthropic, Europe

☆ 4 ways to get kids outside more often: It's a key to raising successful children, says ecological engineer
▼ + stars: | 2024-05-08 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +5 min

The annual challenge is a great example of ways kids can use digital tools "before, during and after" going outside to increase their connection to nature, says Galle. The point isn't to encourage kids to run around parks with screens in their faces, she notes: Rather, it's "an easy, educational way to get the kids outside, immersed in their environment, and learning something." EarthSnapThis nature identification app uses a smartphone or tablet's camera to identify more than two million different plants, animals, bugs and other aspects of nature. Tools like EarthSnap are useful for nurturing kids' interest in nature, especially if you aren't an expert outdoorsperson yourself, says Galle. Try using the app as a family, Galle advises: Kids often learn behaviors from their parents.

Persons: Nadina, —, NatureQuant Organizations: CNBC, Agents Locations: Nadina Galle, Our, Galle, who's

☆ John Leguizamo says Disney gave the 'Encanto' cast surprise bonuses because it was such a big hit
▼ + stars: | 2024-05-08 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +3 min

John Leguizamo said that "Encanto" was such a huge success that he received a bonus from Disney. AdvertisementDisney was apparently so pleased with the performance of its 2021 hit animated film "Encanto" that it gave members of the cast bonuses — at least, according to star John Leguizamo. For Leguizamo, one of those was Bruno, the reclusive uncle from "Encanto," a Disney animated film about a Colombian family with magical powers. "It was amazing," Leguizamo told BI. But past the numbers, Leguizamo told Business Insider that "Encanto" was so remarkable because of the specificity of its story.

Persons: John Leguizamo, Leguizamo, Bruno, —, that's, Lin, Manuel Miranda, secluding, didn't Organizations: Disney, Service, Walt Disney, Nielsen, Sigma Locations: Colombian

☆ David Zervos: Blame traders living in rate cut la-la land — not the Fed — for recent market turbulence
▼ + stars: | 2024-05-08 | by ( David Zervos | Jefferies Chief Market Strategist | ) www.cnbc.com time to read: +3 min

This year the rate markets have come back to a more sensible reality after flirting with the la-la land of 7 cuts. And all the while, the more sensible equity markets have paid only fleeting attention to their rate brother's whining. As a guy who was brought up in the fixed income and currency markets, I'm increasingly finding more sensibility in the equity markets as I head into later stages of my career. Having five-year inflation expectations (as measured by the 5-year breakeven inflation rate) never ramp higher while cumulative inflation surged around 20% since January 2021 is a testament to his stalwart success. There have been no fumbles at the Fed so far during a protracted fight to ensure anchored inflation expectations and long term price stability.

Persons: Consensonomics, Jerome Powell's, Jay, Janet Yellen's, Janet, Stanley Druckenmiller, I'm, David Zervos Organizations: Equity

☆ I quit my finance job and became an Airbnb host in Italy. I have no regrets about choosing happiness over money.
▼ + stars: | 2024-05-08 | by ( Perri Ormont Blumberg | ) www.businessinsider.com time to read: +6 min

Anton Govor left his corporate finance career to become an Airbnb host on Lake Garda in Italy. I visited Lake Garda for the first time when I was 21The main guesthouse at GardaDoma. Courtesy of GardaDomaDuring a drive from Munich to Florence, I stopped in Lake Garda completely by chance. AdvertisementI chose to leave my finance career behindIn December 2018, my second son was born at Lake Garda, and I took parental leave at our house. I devote 1 to 4 p.m. to property maintenance and planning the dinner menu with our work family, who take shifts in cooking.

Persons: Anton Govor, Govor, he's, —, It's, Ernst & Young, Brenzone, Airbnb Organizations: Garda, Service, Ernst &, MOEX Group, Lake Garda Locations: Italy, Brenzone sul Garda, Moscow, Lake, Munich, Florence, Europe, Russia, Easter

☆ France Says It Built the Olympics Safely. Migrant Workers Don’t Count.
▼ + stars: | 2024-05-08 | by ( Sarah Hurtes | ) www.nytimes.com time to read: 1 min

France’s president, Emmanuel Macron, promised to build the Summer Olympics safely, free of the construction hazards and migrant worker abuses that tarnished soccer’s 2022 World Cup in Qatar. “We are living up to the commitments we made,” Mr. Macron said in February. Government data shows fewer than 200 injuries at Olympics sites over a four-year construction blitz. But inspection records and other documents show that Olympics sites have been more dangerous than organizers have let on, with some projects failing to meet basic safety standards. When undocumented immigrants are hurt on the job, workers and officials say, the injuries are often handled off the books, all but guaranteeing that they will not show up in government statistics.

Persons: Emmanuel Macron, Mr, Macron Locations: Qatar, Paris

☆ Biden's student loan forgiveness plan gets a record number of public comments. Here's what people are saying
▼ + stars: | 2024-05-08 | by ( Annie Nova | ) www.cnbc.com time to read: +3 min

US President Joe Biden gestures after speaking about student loan debt relief at Madison Area Technical College in Madison, Wisconsin, April 8, 2024. Andrew Caballero-Reynolds | AFP | Getty Images'I plan on dying with student loan debt'"I think this is a great idea. I am 52 years old with a lot of student loan debt from years ago. I plan on dying with student loan debt. "As an African American millennial from River Rouge, MI, I believe it is crucial to support and approve student loan debt relief proposals.

Persons: Joe Biden, Andrew Caballero, Reynolds, Biden, they'll, Nobody Organizations: Madison Area Technical College, AFP, Getty Locations: Madison , Wisconsin, River Rouge , MI

☆ Opinion: Russia can lose this war
▼ + stars: | 2024-05-08 | by ( Opinion Timothy Snyder | ) edition.cnn.com time to read: +6 min

And far too many of us, during Russia’s war of aggression in Ukraine, have believed that. Of its three most consequential foreign wars, the Red Army lost two. And the Russian army of today is not the Red Army. It was disproportionately Ukrainians who fought their war to Berlin in the uniform of the Red Army. Russia can lose this war, and should, for the sake of Russians themselves.

Persons: Timothy Snyder, Richard C, Levin, “, ”, Read, Leonid Brezhnev, Putin, Alexander Nemenov, Brezhnev, Vladimir Putin, Robert Nickelsberg Organizations: Global Affairs, Yale University, CNN, Russia, Getty, Red, Red Army, Soviet, Lease, Russian Empire, Russo, Fascism Locations: Nazi Germany, Russia, Ukraine, AFP, Poland, Afghanistan, USSR, Soviet Ukraine, Berlin, United States, Russian, Crimean, Japanese, Europe, Pacific, Kabul, Soviet Union, Crimea, Japan, Soviet, Ukrainian

☆ Google employees question execs over 'decline in morale' after blowout earnings
▼ + stars: | 2024-05-08 | by ( Jennifer Elias | ) www.cnbc.com time to read: +8 min

"How does leadership plan to address these concerns and regain the trust, morale and cohesion that have been foundational to our company's success?" "Despite the company's stellar performance and record earnings, many Googlers have not received meaningful compensation increases" a top-rated employee question read. Google's use of cashThere were a lot of employee questions ahead of last week's meeting directed at the company's buyback, Porat said. With respect to the decline in morale brought up by employees, Pichai said "leadership has a lot of responsibility here, adding that "it's an iterative process." CNBC reported last week that Google is laying off at least 200 employees from its "Core" organization, which includes key teams and engineering talent.

Persons: Sundar Pichai, Loren Elliott, Ruth Porat, We've, Alphabet's, Hollie Adams, Porat, Prabhakar Raghavan, dory, Pichai, Ted, Larry Page, Jim Cramer Organizations: Inc, Government, Society, Bloomberg, Getty, Google, Economic, Finance, CNBC Locations: Stanford , California, Davos, Switzerland, U.S

☆ Why Wall Street is transfixed by a BofA banker's untimely death
▼ + stars: | 2024-05-08 | by ( Reed Alexander | Emmalyse Brownstein | ) www.businessinsider.com time to read: +9 min

The untimely death of a 35-year-old Bank of America associate has sparked a conversation across Wall Street over working conditions. "And to at least just start having those conversations as to how they can make junior bankers work life much better because it's been long overdue. At BofA, 100-plus hour weeks logged by junior bankers aren't unusual, said current and former employees, who questioned whether the firm's system for flagging excessive amounts of work was actually effective. But some junior bankers felt dismayed by an apparent lack of written communication from bank leaders about the incident, this person added. Crushing exhaustion, heightened demandsThe former BofA investment-banking analyst, who was not on Lukenas' team, quit in 2023 after two years.

Persons: Leo Lukenas III, BofA, Lukenas, it's, Goldman Sachs, Lukenas —, —, UMB, Christopher Perkins, Perkins, Les Lukenas, Green, Leo, Reed Alexander, Emmalyse Organizations: Service, of America, Wall, Army, Green Beret, Special Forces, Reuters, New York Office, Business, Bank of America, Investment, Goldman, Heartland Financial, Inc, FIG, Citigroup, Veterans, BI, LinkedIn, Green Berets, Army Special Forces Locations: BofA, London, Wall, ebrownstein@businessinsider.com

☆ 4 realistic steps to starting a passive income side hustle: What social media may not tell you
▼ + stars: | 2024-05-08 | by ( Megan Sauer | ) www.cnbc.com time to read: +6 min

Starting a passive income side hustle may look quick and easy on TikTok. Make It spoke with a group of experts who've built passive income businesses and scaled them into six-figure successes. JP Mancini II turned his boat chartering side hustle into mostly passive six-figure income. Ryan Hogue, 35, left his web development career in 2020 to focus on building passive income streams. DON'T MISS: The ultimate guide to earning passive income online After roughly a year, Torres left her engineering role.

Persons: Jannese Torres, D'Lites, Dinero, podcaster, JP Mancini, Florida —, JP Mancini II, Mancini, Ryan Hogue, Ryan Hogue Gamifying, Hogue, Rather, Torres, Jasmine McCall, McCall Organizations: CNBC, SXSW Locations: Hampton , Virginia, Key West, Florida, Puerto Rican

☆ Theranos founder Elizabeth Holmes' prison time gets shortened — again
▼ + stars: | 2024-05-08 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +3 min

Theranos founder Elizabeth Holmes has once again had her prison time shortened. She got a few more months trimmed off for a new projected release date of August 16, 2032. She was originally sentenced to 11.25 years, but soon after reporting to prison her projected release date moved up 2 years. AdvertisementElizabeth Holmes' prison time is getting shorter, again. Her projected release date is now August 16, 2032, a change from her previously listed December 29 projected release for later that same year, according to Federal Bureau of Prisons records.

Persons: Elizabeth Holmes, —, Holmes Organizations: Service, Federal Bureau of Prisons, NBC News, Prosecutors Locations: Silicon, Bryan , Texas

☆ How one Filipino-American boxing studio founder is going against the grain
▼ + stars: | 2024-05-07 | by ( ) www.cnbc.com time to read: 1 min

In a journey marked by perseverance and determination, Jose Benedicto IV has broken barriers to become the first entrepreneur in his family. Despite facing skepticism and doubts, he remained determined to carve his path in an industry where representation was scarce. With a vision to inspire and empower others, Benedicto IV combined his passion for fitness with his desire to be an entrepreneur, which lead to the creation of Hooked Boxing and Fitness in Neptune, New Jersey. As an advocate for Asian American representation, he seeks to be a role model for others. He demonstrates that with ambition and hard work, even those who arrive in a new country at a young age can achieve success.

Persons: Jose Benedicto, Benedicto IV Locations: Neptune , New Jersey

☆ Highly successful people use this mental shift to get ahead of stress at work, says neuroscientist
▼ + stars: | 2024-05-07 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

The best strategy for tackling those moments of stress actually involves some preparation: Highly successful people get ahead of their unsteadiness with a key mindset shift, according to Lisa Feldman Barrett, a neuroscientist, author and psychology professor at Northeastern University. They don't see stress as something bad to be overcome, but instead as something natural that can be managed. Instead, she recommends doing exercises beforehand to practice doing what unnerves you, and to help train yourself to understand and handle the stress differently. "It's a shift from making the sensation go away to getting better at performing while I'm feeling the sensation," he said. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.

Persons: Lisa Feldman Barrett, Barrett, Wharton, Adam Grant's, Ted, Grant, speck, ted Organizations: Northeastern University, CNBC

☆ Mattel CEO: The success of the 'Barbie' movie was a great showcase of the strength of our brand
▼ + stars: | 2024-05-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMattel CEO: The success of the 'Barbie' movie was a great showcase of the strength of our brandMattel CEO Ynon Kreiz joins CNBC's 'Money Movers' to discuss the company's next step after the success of 'Barbie,' the state of toy industry, and more

Persons: Ynon Kreiz, Barbie Organizations: Mattel

☆ Don’t forget to do this one thing before writing your resume, says ex-Nvidia recruiter
▼ + stars: | 2024-05-07 | by ( Gili Malinsky | ) www.cnbc.com time to read: +1 min

When you're writing your resume, you'll want to highlight your most relevant accomplishments to the role you're applying for. These will help prove to the employer that you have what it takes to succeed on the job. Then, "you need to think through your Rolodex of accomplishments" and pick out the most relevant ones, says Fackrell. 'Keep a running list of accomplishments'Fackrell recommends keeping "a running list of accomplishments" so you never forget how you've been able to contribute to your teams. "If you just want to have a list of accomplishments and then create your resume from that, I think that's great."

Persons: Stefanie Fackrell, who's, Fackrell, you've Organizations: Google, Nvidia

☆ This college town is experimenting with giving low-income entrepreneurs and gig workers $12,672, no strings attached
▼ + stars: | 2024-05-07 | by ( Allie Kelly | ) www.businessinsider.com time to read: +5 min

Ann Arbor's program, called Guaranteed Income to Grow Ann Arbor, is giving low- and moderate-income residents $528 a month, no strings attached. Over 50 municipalities have tried the GBI model since 2019, offering low-income participants between $100 and $1,000 a month, no strings attached for one to five years. "This pilot will help us learn whether guaranteed income payments can be an effective way to help some entrepreneurs with their business efforts." Chicago announced in April that it restarted its previous GBI program that offered low-income residents $500 a month. A GBI program in Harris County, Texas is being challenged by Attorney General Ken Paxton, who called the program "unconstitutional."

Persons: —, Ann, Ann Arbor's, Monique Gonzalez, Ann Arbor, GBI, Ken Paxton Organizations: Service, Business, Local, Services, Denver, Ann Arbor Area Community Foundation, University of Michigan, Chicago, Republican Locations: Ann Arbor , Michigan, Ann Arbor, San Antonio, Antonio's, Ann, Michigan, Atlanta, Denver, Flint, Harris County , Texas, Iowa , Arizona, South Dakota

☆ Panera’s Charged Lemonade, the subject of multiple wrongful death lawsuits, is being axed from its menu
▼ + stars: | 2024-05-07 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —Panera Bread is eliminating Charged Lemonade from its menu, the caffeinated beverage that has sparked multiple lawsuits and caused a public relations nightmare for the company. The Charged Lemonades will come off the menu in the next two weeks, according to Bloomberg, which first reported the news. The chain declined to comment to CNN on the timeline of the drinks’ removal. A Panera spokesperson said new drinks will replace it, including low-sugar and low-caffeine options, including a new blueberry lavender lemonade, pomegranate hibiscus tea, citrus punch and a tropical green smoothie. Panera kept the Charged Lemonades on the menu, despite the controversies, because experts say removing the drink immediately could have come across as an implied admission that something was wrong with it in the first place.

Persons: Panera, James Haggerty, Haggerty Organizations: New, New York CNN, Bloomberg, CNN, Reuters Locations: New York

☆ Saudi Arabia needs peace in the Middle East for its $500 billion Neom megaproject to succeed
▼ + stars: | 2024-05-07 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +6 min

In March 2023, Iran and Saudi Arabia brokered a deal to re-establish diplomatic relations. Related storiesThe US and Saudi Arabia are in the final steps of a new agreement on security guarantees and civilian nuclear assistance, Reuters reported last week. Many of Neom's projects aimed at capturing the luxury tourism market are located along the Red Sea coast. Set to open next year, Neom's luxury island resort of Sindalah is advertised as an "exclusive gateway to the stunning Red Sea." Saudi officials are already fighting to combat claims that Neom is facing delays and setbacks.

Persons: —, it's, Israel, Kristian Coates Ulrichsen, Ulrichsen, Robert Mogielnicki, Mogielnicki, Neom Organizations: Saudi, Service, Neom, New York Times, Reuters, Rice, Baker Institute for Public Policy, Gulf States Institute, Bloomberg, Business Locations: Saudi, Dubai, Israel, Gaza, Iran, Saudi Arabia, China, Palestinian, Israeli, Red, Jeddah

☆ 81% of young people say a 4-day workweek would boost productivity, new CNBC/Generation Lab survey reports
▼ + stars: | 2024-05-07 | by ( Alex Koller | ) www.cnbc.com time to read: +3 min

Young adults are throwing their support behind calls for a four-day workweek. A new national survey from CNBC/Generation Lab of 1,033 people aged 18 to 34 found that an overwhelming 81% of respondents believe a four-day workweek would boost their company's productivity, while 19% said productivity would decline. Exos, a U.S. coaching company that trains top athletes and leads corporate wellness programs, recently reported results from the first six months of an ongoing four-day workweek experiment. Other four-day workweek trials have shown similar gains. Although respondents to the CNBC/Generation Lab survey largely agreed on workweek length, they were less unified when asked about work setting.

Persons: Sen, Bernie Sanders, Mark Takano, Barry Diller, Steven Cohen, Cohen Organizations: CNBC, Representatives, IAC, New York Mets Locations: USA, U.S

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