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☆ Hedge fund manager known for M&A picks reveals a new takeover target
▼ + stars: | 2024-05-20 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

Oil services company Weatherford International is a ripe takeover target, according to Alexander Roepers, founder and chief investment officer at Atlantic Investment, who said the stock is set to soar. The Cambrian Fund at Atlantic Investment is up by about 40% over the past one year. The other two, Univar Solutions and West Rock, were acquired by private equity giant Apollo and Smurfit Kappa , respectively, resulting in significant gains for Atlantic Investment. SMDS-GB 1Y line Atlantic Investment ultimately sold its position, as they believed the company's value was between 450 and 500 pence. When asked about his approach to selling stocks, Roepers emphasized the importance of discipline.

Persons: Alexander Roepers, Weatherford, WFRD, Roepers, Kappa, Smith, I'm Organizations: Weatherford, Atlantic Investment, Schlumberger, Halliburton, London Value Investor Conference, Cambrian Fund, Value, Rheinmetall, Solutions, Investment Locations: Texas, Weatherford, Roepers, Ukraine, Atlantic, British, U.S

☆ How I built a billion dollar coffee company called Kopi Kenangan
▼ + stars: | 2024-05-20 | by ( Ernestine Siu | ) www.cnbc.com time to read: +12 min

And recognizing that very notion is what makes Indonesian coffee chain Kopi Kenangan different from many of its competitors. Which is why this cup of Kopi Kenangan coffee here in Singapore may taste different from a cup in Indonesia. Edward Tirtanata: Before I started Kopi Kenangan, I started this tea chain called Lewis and Carroll. And that is why our first menu is called Kopi Kenangan Mantan, which directly translates into, memory of my ex-girlfriend coffee. Ernestine Siu: In 2019, Kopi Kenangan received its first outside investment of $8 million from venture capital firm Alpha JWC Ventures.

Persons: Edward Tirtanata, Ernestine Siu, It's, Serena Williams, Jay, Eduardo Savrin's, Edward, Kopi Kenangan, Carroll, James Prananto, James, Little, Kopi, creamer Organizations: Alpha JWC Ventures, Northeastern University, Starbucks, Entrepreneurship, Toyota Locations: Jakarta, Singapore, New York, Indonesia, Vietnam, Southeast Asia, Boston, United States, Kopi, Bandung, U.S, Indonesian

☆ He fell in love with Thailand while traveling in his 20s. Now 40, he's back and has built his dream 'James Bond' luxury villa.
▼ + stars: | 2024-05-20 | by ( Amanda Goh | ) www.businessinsider.com time to read: +6 min

Read previewThe first time Johnny Ward went to Chiang Mai, Thailand, he was 22. Johnny Ward on a scooter in front of his house in Chiang Mai, Thailand. But after traveling the world, Ward realized that Chiang Mai still had his heart. Johnny Ward/onestepforwardWard said he spent 13 million Thai baht building the home and another 3.5 million Thai baht furnishing it, or about $460,000 in total. It would have been difficult for him to have all the things he wanted if he had bought an existing home in Chiang Mai, Ward said.

Persons: —, Johnny Ward, Chiang, Ward, Chiang Mai, James Bond, onestepforward, Jaa, he's, onestepforward Ward, hadn't, I'm, She's, it's Organizations: Service, Business, Homes, James Edition Locations: Chiang Mai, Thailand, Asia, Australia, Miami, Ibiza, Ireland, Homes Thailand, onestepforward

☆ I didn't change my name after I got married despite being traditional in other ways. It doesn't make me less in love.
▼ + stars: | 2024-05-20 | by ( Danielle Hayden | ) www.businessinsider.com time to read: +3 min

I got engaged at 23 and married my college sweetheart in a big church wedding. I didn't like how that felt, seeing last names that didn't match. To this day, I still sometimes get cards in the mail from family members addressed to Danielle James or even Danielle Hayden James, his last name tacked on right after my own. That doesn't make them any less "in love" or any less of a family unit. And once, when we rented a car, an employee didn't believe we were married and, therefore, both were permitted to drive, despite our wedding rings and my insistence.

Persons: I've, James, you've, Danielle Hayden …, Danielle James, Danielle Hayden James, I'm, —, didn't, Hayden Organizations: Facebook

☆ A millennial moved from Australia to Canada for her career. She said the people in Vancouver are welcoming, but the cost of living is high.
▼ + stars: | 2024-05-19 | by ( Madison Hoff | ) www.businessinsider.com time to read: +6 min

AdvertisementPros and cons of living in VancouverBain noted to BI several personal advantages to living in Vancouver, including the people who she has found can be welcoming and generous. After living in Australia and given her work as a destination makeup artist, Bain said another pro is the proximity from Vancouver to other places. Advertisement"I felt like I really wanted to experience more of the world," she said. She also found that wedding work in Canada is more seasonal than in Australia due to the snowy winters. Bain is happy living in Canada and the positives that come with being there.

Persons: —, Kellsie Bain, Bain, Vancouver Bain, I've, she's, aren't, York isn't, it's Organizations: Service, Business Locations: Sydney, New York City, New York, Canada, Vancouver, Australia, York, States

☆ My name was unusual when I was a kid. Now it's more common, but the way I spell it is still rare.
▼ + stars: | 2024-05-19 | by ( Courtenay Rudzinski | ) www.businessinsider.com time to read: +3 min

Teachers would pause and stumble on it, and no one knew how to pronounce it (Courtenay rhymes with Fort Lee), spell it, or how many syllables it had (two). People understood right away what I was saying, and I didn't have to spell or repeat it. I'm impressed and touched when someone takes the time to spell my name correctly, and it's made me hyper-aware of spelling others' names right. Because I always had to spell and repeat my name, I wanted my own kids to have short, simple ones. I once hoped that I might marry someone with a short, easy last name, but it was not to be.

Persons: — Courtenay —, Courtenay, Fort, Rebecca, Sunnybrook, Kim, Kathy, Amy, Corky, —, she'd, Jack Valenti, Lisa, Lynn, I've, Britney, It's, Courteney Cox, Courtney Love, Courtney Thorne, Smith, Kourtney Kardashian, I'm, it's, I'd, Ava — Organizations: Service Locations: Fort Lee, Little, Iowa, Portland

☆ A career coach shares 3 keys to setting yourself up for success as an entrepreneur
▼ + stars: | 2024-05-19 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +4 min

Career coach Marlo Lyons told Business Insider that mindset is huge when betting on yourself, but it isn't everything. You can't really start an innovative bioengineering company without any background knowledge, and you don't need to go back to school to become an entrepreneur. Break it down week by week —what will you accomplish to hit your goals? I don't know how to do that. You don't know what you don't know along the path of building a business, so get comfortable admitting you don't have all the answers and even more comfortable finding out who to ask.

Persons: Marlo Lyons, aren't, Lyons, What's Organizations: Service, Center for American Progress, of Labor Statistics, Business

For Love & Money is a weekly Business Insider column answering relationship and money questions. This week, a reader's husband spent thousands on another woman during an affair. Write to For Love & Money using this Google form. It must feel like your husband spent all this money on this other woman because he liked her better, but he didn't. Write to For Love & Money using this Google form .

Persons: —, I've, — Taylor Swift, it's, doesn't Organizations: Service

☆ Trump is unlikely to testify in his hush-money trial as he could risk committing perjury, reports say
▼ + stars: | 2024-05-19 | by ( Cameron Manley | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewDonald Trump is unlikely to testify in his hush-money trial in Manhattan, despite previously saying he would, sources familiar with the matter told The Washington Post. Four unnamed people close to the former president told the paper that they were not expecting him to take the witness stand next week. Related storiesDespite this, Trump has previously insisted that he would "absolutely" testify in the trial. On Friday, a centrist Washington DC-based think tank, Third Way, released an ad dubbed "Coward," daring Trump to take the stand.

Persons: —, Donald Trump, John Coffee, Trump, Stormy Daniels, Juan Merchan, Coward, Donald, Robert Mintz, Michael Cohen, Trump's, Todd Blanche, Cohen, Coffee, Blanche Organizations: Service, Washington Post, Business, Columbia Law School, Telegraph, Lawyers, Elmen, Washington DC, Post Locations: Manhattan, Washington

☆ 'Mad Max: Fury Road' director opens up about Tom Hardy and Charlize Theron's on-set feud
▼ + stars: | 2024-05-19 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +3 min

Read previewFilmmaker George Miller opened up about the on-set feud between "Mad Max: Fury Road" stars Tom Hardy and Charlize Theron in an interview with The Telegraph. AdvertisementThe 79-year-old Academy Award-winning director, who has returned to the franchise to direct the prequel, "Furiosa: A Mad Max Saga," added that he "saw their behavior as mirroring their characters, where they had to learn to co-operate to ensure mutual survival." Charlize Theron and Tom Hardy in "Mad Max: Fury Road" (2015). Tom Hardy and Charlize Theron. "You have to be obsessive about safety – physical safety, as the shoot goes on and fatigue sets in, but also psychological safety," he said.

Persons: —, George Miller, Max, Tom Hardy, Charlize Theron, Hardy, Theron, Miller, Tom, Charlize, Kyle Buchanan's, Furiosa, Max Rockatansky, Mark Goellnicht, Goellnicht, Warner, Anya Taylor, Joy, Chris Hemsworth Organizations: Service, The Telegraph, Business, Warner Bros, Fury, Fair, Telegraph Locations: Australian

☆ Sean 'Diddy' Combs responds to footage of him physically assaulting Cassie Ventura: 'I'm disgusted'
▼ + stars: | 2024-05-19 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +1 min

Sean "Diddy" Combs apologized in an Instagram video on Sunday. Video footage showed Combs physically assaulting his ex-girlfriend, Cassie Ventura, in 2016. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementSean "Diddy" Combs broke his silence after video footage showed him physically assaulting his former girlfriend, Cassie Ventura, at a California hotel in 2016. Combs posted an Instagram video on Sunday, writing in the caption, "I'm truly sorry."

Persons: Sean, Diddy, Combs, Cassie Ventura, — Organizations: Service, Business Locations: California

☆ I tested all available versions of ChatGPT to see which model writes the best work emails
▼ + stars: | 2024-05-19 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +1 min

Interview requestsChatGPT's newest model gave the shortest answer for this prompt. Business InsiderThis is one of the most common emails I send at my job, so I was an expert on how they should be structured. I've tried having GPT write these emails, but it never works out — the emails ChatGPT constructs are always extremely long and ridiculously official-sounding. The older models provided lengthier answers. For example, the older GPT-4 model said the faux interview would "focus on the key milestones and future implications of generative AI technology."

Persons: I've, King, England, — Organizations: Business

☆ Inside 2 Texas cities where home prices are dropping, sellers are slashing asks, and buyers can get lowball offers accepted
▼ + stars: | 2024-05-19 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +6 min

Read previewAfter years of sellers calling the shots in the real-estate market, the balance may finally be tipping towards homebuyers in some US cities. But with fewer prospective buyers in the market for homes, home prices are now declining in several cities across the US. Related storiesThe trend, has led many sellers to lower their prices — though prices still remain significantly higher than a decade ago. As homes linger on the market, sellers are reducing their prices to draw buyers, she added. "It's definitely a buyers' market right now," Boatright said.

Persons: —, Nicole Marburger, Austin, Marburger, homebuyers, Sellers, San Antonio —, Mercy, Boatright, I've Organizations: Service, homebuyers, Business, National Association of Realtors, Lone Star State, Austin, Austin and New Braunfels, Real, Hunters Locations: United States, San Antonio, New Braunfels, — New Braunfels, Austin, Austin and New, Texas, Braunfels, homebuyers

☆ The lunch rush is dead as Americans live for the weekend
▼ + stars: | 2024-05-19 | by ( J.J. Mccorvey | Haley Messenger | ) www.cnbc.com time to read: +6 min

These signs point to a new normal for Americans' post-pandemic leisure spending, which has stayed resilient despite the higher costs of going out. In 2023, 1.88% of the food and drink transactions Square processed took place between 11 a.m. and noon on Saturdays, up from 1.60% in 2019. Nowhere was the shift toward evening and weekend spending starker than in Boston, one of 23 major cities Square analyzed. There, a 10.1% decline in weekday lunch transactions was more than offset by 10.3% and 1.6% increases in weekend and happy hour transactions, respectively. "I don't really prioritize drinking during the weekdays," Louie said, and his weekend leisure spending "is quite inconsistent."

Persons: That's, Ara Kharazian, Brunch, Kharazian, Sara Senatore, AJ Kurban, Kurban, it's, Soojin Lee, Cornell University's Nolan, Young, They're, Senatore, I'm, Nicholas Louie, Louie Organizations: University of Toronto, ARA, Bank of America, Cornell University's, Cornell University's Nolan School of Hotel Administration, Covid Locations: U.S, workdays, Boston, Brooklyn, Manhattan, York

☆ Meet WiFi Money: Wealthy Finance Influencers Who Infuriated Investors
▼ + stars: | 2024-05-19 | by ( Rob Price | ) www.businessinsider.com time to read: +26 min

The Texas couple were staring down more than $100,000 in debt, much of which they had poured into WiFi Money. Those who give their money to WiFi Money are often encouraged to sign up other people in return for a cut of their profits — and perhaps, one day, a chance to become part of the WiFi Money crew. As the money poured in, WiFi Money gained a patina of mainstream credibility. AdvertisementThrough WiFi Money, Moeller and Frederick had created a virtuous cycle of money and influence. The same month investors took WiFi Money to court over the stores, DBC announced it was closing down.

Persons: Alex Moeller, influencer, Jasmine Sadry, Joey Martin, Martin, Moeller, Chris Frederick, Casa Moeller Martinez, MentorCI, Kim Kardashians, Gary Vee, Uber, Etsy, Farnaz Ghaedipour, Frederick, Jay Gatsby, Scott Fitzgerald's, Brandon Celi, There's, Billy, Chris Casey, There's Todd Cahill, Liz Friesen, Tana Mongeau, Kardashian, —, James Ragano, BI Moeller, wouldn't, Kyle McDougal, Sadry, Kyncey, McDougal, hustlers, Kevin O'Leary, Jordan Belfort, Ronaldinho, Glenn Beck, I've, he'd, Daemon, I'm, they'd, It's, Chris Costello, Francis, Ashley, Costello, Gatsby, Casey, Avery Williamson, Victor Bermudez, DBC, They're, Instagram, Rolex Submariner Organizations: WiFi, Lamborghini, McLaren, Fox News, YouTube, Invest, Stanford University, PBS, BI, Social, Yahoo Finance, Business, Times, Piccadilly Circus, Fort, DMs, Kyncey Investments, Amazon, Kyncey, Investors, CNN, Fox Business, Big Tech, Florida Tropics Soccer Club, Royce, WiFi Money, Federal Trade Commission, WifiMoney, IRS, NFL, Dallas, Rolex Locations: Instagram, Mexico, Texas, Dallas, Quito, Ecuador, @amoeller, Florida, pecs, Maryland, Europe, Illinois, Mita, Burj, Fort Worth, dropshipping, Brazilian, New York City, ensconced, Minnesota, Los Angeles, Munich

☆ I used bots to work for Instacart. You need one to make the job worthwhile.
▼ + stars: | 2024-05-19 | by ( Alex Bitter | ) www.businessinsider.com time to read: +5 min

Business Insider has verified his identity and his use of two bots designed for gig delivery apps. I found this guy who writes some articles on gig work, and he talked about having access to bots for Instacart. AdvertisementThe biggest reason I purchased it was because you just have to keep refreshing the screen to get orders on Instacart. AdvertisementAn Instacart spokesperson told BI: "This shopper was deactivated from our platform for blatant and abusive violations of our terms of service." Do you work for Instacart, DoorDash, Walmart Spark, or another gig delivery service and have a story idea to share?

Persons: Ted Rosner, That's, Instacart, I've, it's Organizations: Service, Business, Walmart Locations: Washington, DC, Instacart, DoorDash

☆ Airbnb hosts are bracing for an unpredictable summer
▼ + stars: | 2024-05-19 | by ( Dan Latu | ) www.businessinsider.com time to read: +7 min

Read previewLast summer ushered in a new normal for hosts on Airbnb and other short-term rental booking websites. Ahead of summer 2024, hosts face pressure to stand out from all the other listings in their areas. Adding additional stress is the increased unpredictability of travelers themselves — hosts say guests are booking trips more last-minute than the advance-planning of years past. With direct bookings, hosts are responsible for collecting the proper paperwork for background checks and payment information, and they don't have the additional insurance offered by the major platforms. Influencers can also help promote direct booking, Burke said.

Persons: —, Vrbo, they're, Emily Burke, Rick Kenworthy, he's, Kenworthy, Ryan Villines, Villines, Burke, she'll, she's, they've, who've, Influencers, Tulsans Organizations: Service, Business, Airbnb Locations: Tulsa , Oklahoma, Arizona, Scottsdale, Phoenix, Airbnb, Missouri, Tulsa

☆ I'm a dietitian, and my husband is a personal trainer. Here are 10 of our favorite things to buy at Aldi.
▼ + stars: | 2024-05-19 | by ( Jasmine Westbrooks | ) www.businessinsider.com time to read: +1 min

I'm a registered dietitian who married a personal trainer, and we go to Aldi for grocery staples. The budget chain is a great spot for frozen berries, salad kits, and canned goods. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAldi is the fastest-growing grocery chain in the US — and for good reason. This story is available exclusively to Business Insider subscribers.

Persons: I'm, — Organizations: Service, Aldi, Business Locations: Aldi

☆ A 50-year-old retiree says his 'biggest mistake' was saving too much in his 401(k). He explains what he would do differently and his work-around for being illiquid when he retired.
▼ + stars: | 2024-05-19 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewIn his early 20s, one of Eric Cooper's first bosses gave him some sound money advice: Contribute as much as you can to your 401(k). AdvertisementCooper maxed out his 401(k) for more than two decades and accumulated enough to retire in his late 40s. While there are a lot of restrictions, it made sense for Cooper, who was fully committed to early retirement. At some point, we're going to have to start spending that money, and the IRS is going to start taxing it," he said.

Persons: —, Eric Cooper's, maxed, Cooper, maxing, I'm, Cooper maxed, Eric Cooper Organizations: Service, Business, Independence, IRS Locations: Louisville, I'm

☆ My baby boomer parents gave great financial advice. They helped me open a checking account at 13 and taught me the value of saving.
▼ + stars: | 2024-05-19 | by ( Sandrine Jacquot | ) www.businessinsider.com time to read: +4 min

There's so much personal finance advice out there, but as I settle into adult life, I rely more and more on the fundamentals my parents taught me. They taught me to save what I earnedIt's undisputed that saving money is smart, and it's true that you can find this particular financial advice anywhere. But this is another one of the key money lessons my baby boomer parents taught me. Being economical often gets a bad rap, but I think it's one of the most valuable money habits my baby boomer parents instilled in me, especially given the cost of living today. Now that I'm older and have more expenses, my experience and relationship with money influenced by my baby boomer parents have hopefully set me up for success.

Persons: I've, — Organizations: Service

☆ Biden confronts 2024 weak spots with young, Black voters at Morehouse commencement
▼ + stars: | 2024-05-19 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +4 min

U.S. President Joe Biden addresses Morehouse College graduates during a commencement ceremony in Atlanta, Georgia, U.S., May 19. Biden's commencement address at Morehouse comes as recent polling has showed Black voters, especially young ones, have weakening enthusiasm for the president. Meanwhile, former President Donald Trump's support from Black voters has increased by 9 percentage points. But Biden still has the majority of support among Black voters, at 69% vs. Trump's 18%. Vice President Kamala Harris has spent years reaching out to Black voters over the course of Biden's first term.

Persons: Joe Biden, Morehouse, Donald Trump's, Biden, Biden's, Sebastian Gordon, Kamala Harris, Wally Adeyemo, Steven Horsford, Harris, Adeyemo Organizations: Morehouse College, Morehouse, Black, NBC, NBC News, White House, Georgia, NAACP, state's Democratic, Biden Locations: Atlanta , Georgia, U.S, Gaza, Black, Atlanta, Israel, Detroit, Nevada, Wisconsin

☆ I slept in my car and showered in the factory to work 12-hour shifts at Tesla. I still got laid off after 5 years.
▼ + stars: | 2024-05-19 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +4 min

AdvertisementWhen I received the email stating that my position had been eliminated, I was already on my way to work. Camping in the car parkI worked really hard while I was at Tesla and wanted to be as efficient and productive as possible. In 2021, I started sleeping in my car and showering in the factory to avoid my lengthy commute. AdvertisementI was camping in the car between my work shifts for a whole year. I worked hard for them, but that does not mean I plan to give up being a hard worker.

Persons: —, Nico Murillo, Tesla, doesn't, I'd, I've, It's Organizations: Service, Tesla, Business Locations: Fremont , California, GNC

☆ I'm a recent college graduate. No one told me it would be this hard to make ends meet.
▼ + stars: | 2024-05-19 | by ( Augustina Boateng | ) www.businessinsider.com time to read: +1 min

After graduating college, I couldn't get a full-time job, so I am working several part-time gigs. I am frustrated because I didn't know it would be this hard to make ends meet after college. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . I quickly realized that the financial independence I longed for now seemed like a far-off dream. But since I couldn't land a full-time job in my desired field — as a biotechnologist — I struggled to make ends meet.

Persons: — Organizations: Service, Business

☆ I'm a US Army jumpmaster in the frozen Arctic, and the coldest jump I've ever made was -50 degrees Fahrenheit
▼ + stars: | 2024-05-18 | by ( Chris Panella | ) www.businessinsider.com time to read: +9 min

Micah Symmonds, a US Army jumpmaster in the 11th Airborne Division based in Alaska. There's a reason why so many people choose to be in an airborne division for their entire career. Especially being in the 11th Airborne Division, we have a very unique geographical position, so we're able to reach a lot of places in the Indo-Pacific region. And then becoming a jumpmaster, you're a leader in that organization, you really need to show the want and drive. On each jump, you're generally exiting from both parachute doors of an aircraft, and each door will have a jumpmaster.

Persons: Micah Symmonds, It's, I've, Keon Horton, Natalie Doan, They've, Molly Treece, there's, it's Organizations: Service, US Army, 11th Airborne Division, Business, 11th Airborne, U.S . Army, 3rd Battalion, 509th Parachute Infantry Regiment, 2nd Infantry Brigade Combat Team, Pacific Multinational Readiness, Donnelly Training, U.S, Army, U.S . Army 2nd Infantry Brigade Combat Team, 36th Airlift Squadron, Yokota Air Base, . Air Force, Boeing, Delta Junction Locations: Alaska, Guam, Australia, Thailand, Philippines, Kuwait, jumpmaster, balaclava, Japan, Delta, AK

☆ I changed my first and last name after having kids. The paperwork was complicated.
▼ + stars: | 2024-05-18 | by ( Elliott Harrell | ) www.businessinsider.com time to read: +4 min

Most people know me as Elliott Harrell, but that wasn't my actual name until recently. Initially, I thought I'd use Elliott Harrell socially and my given legal name when mandated and that everything would be fine. Elliott Harrell changed her name after having her second child. My name was legally changed over three months ago and since then I've been working on getting things like my license, passport, and even my Costco card changed over. AdvertisementEven though I'm still in the depths of paperwork hell, I'm so glad I decided to move forward with the process.

Persons: Elliott Harrell, Jane Walker, it's, Elliott, I'd, Jane, Harrell, Elliott Walker, Walker, I've, I'm Organizations: Service, Business Locations: North Carolina

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