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☆ There's a messy battle over AI going on in DC — and there's no end in sight
▼ + stars: | 2024-05-05 | by ( Madison Hall | ) www.businessinsider.com time to read: +10 min

Why does the US not have federal AI regulation? Biden signed the executive order on "Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence" near the end of 2023. Another challenge comes from AI experts and researchers choosing private sector jobs instead of ones in the government, a kind of "brain drain," Zhang said. "Less than 40% go to government looking to create all those AI regulations and governance structures." AdvertisementThe vast majority of AI experts end up working in the private sector rather than for universities or federal governments.

Persons: —, hasn't, Joe Biden, Trump, Kevin McCarthy, Biden, I'm, Jason Green, Lowe, It's, Sen, Martin Heinrich, Sam Altman, Bill O'Leary, Rebecca Finlay, Finlay, we're, she's, Daniel Zhang, Zhang, Drew Angerer, That's, there's Organizations: Service, White, Business, Bills, Republican, Artificial Intelligence, Federal Government, Science & Technology, Congress, Microsoft, Google, Defense, Center, Senate, Washington, Getty, Stanford Institute for, AI, Stanford's, for, Biden Locations: Silicon Valley, Korean, Washington , DC, Congress, North America

☆ 'Nobody's getting wealthy on Social Security,' lawmaker says. The November election may influence the program's future
▼ + stars: | 2024-04-27 | by ( Lorie Konish | ) www.cnbc.com time to read: +4 min

Protect Social Security!" In 1983, when the last major Social Security reforms were enacted, there were no benefit enhancements, Larson argued. Today, annual earnings of up to $168,600 are subject to a 6.2% payroll tax toward Social Security paid by both workers and employers. Larson's plan also calls for closing loopholes that allow wealthy taxpayers to avoid paying Social Security taxes on other income. Larson said the public is well aware that Social Security benefits are theirs and they've paid for them.

Persons: Kean, Dave Kotinsky, Larson, they've, John Larson, Conn, Mark Wilson, Nancy Altman, Drew Ferguson, Ferguson, Jodey Arrington, Charles Blahous, Blahous Organizations: Getty, hasn't, Social Security, Security, Social, Capitol, Democratic, Republican, Republican House, Republicans, George Mason University Locations: Bridgewater , New Jersey, Jan, Georgia, Texas

☆ The scourge of customer satisfaction surveys
▼ + stars: | 2024-04-22 | by ( Adam Rogers | ) www.businessinsider.com time to read: +12 min

— is devoted to customer surveys. Other metrics followed: the Customer Satisfaction Score, the Customer Effort Score, measurements of the entire Customer Experience. At the peak of the so-called sharing economy, customer surveys were all-powerful. The glut of customer surveys has created an additional problem for marketers. "We ask for customer feedback on these things all the time, but it's hard for a customer to give you immediate feedback, because a customer doesn't know what quality is yet."

Persons: you've, I'm, They're, Brad Anderson, Fred Reichheld, Nick Lee, James Wagner, It's, Christine Moorman, Lee, That's, it's, hasn't, Anderson Organizations: NPS, Warwick Business School, University of Michigan's Institute for Social Research, Companies, Duke University, Institutional, Board, Health Service Locations: United States, Qualtrics, Bain, Warwick

☆ The most successful people never use these 5 toxic phrases when talking to themselves, says psychologist at Yale
▼ + stars: | 2024-04-20 | by ( Emma Seppälä | ) www.cnbc.com time to read: +4 min

What to try instead Ask yourself, "What's good for me right now?" What to try instead "I need more practice." What to try instead "I've learned a lot." What to try instead Give yourself the same grace and encouragement you'd give that toddler when you're ruminating on something that didn't go perfectly. "Nobody's perfect" and "everyone makes mistakes" are universal truths.

Persons: I've, You'll, haven't, It's, you'd Organizations: Yale

☆ I'm an only child who married the oldest of 7 kids. I'm grateful I didn't have to compete for my mom's attention growing up.
▼ + stars: | 2024-04-14 | by ( Lorraine Duffy Merkl | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview"The Brady Bunch" became ingrained into pop culture when I started seventh grade and was anointed immediately as my fantasy family. We all started to watch the first episode then my father said, 'This is about a family with lots of kids? Related storiesNeil's reality was not my fantasy, but I was falling in love, and the potential of having siblings loomed large, even without Brady-like hijinks. They may have started out as my fantasy family but for the last 40 years (and counting) Neil's brothers and sisters have become my well-needed dose of reality.

Persons: —, I'd, Neil, Greg, Brady, It's, sibs, I've, isn't, Lorraine Duffy Merkl Organizations: Service, Business Locations: Bronx, Manhattan, New York City

☆ A former corporate lawyer died after falling from a luxury liner, reports say. One expert says cruise safety is outdated.
▼ + stars: | 2024-04-13 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +4 min

AdvertisementWhile the chances of falling overboard on a cruise ship are extremely low , a cruise ship expert told Business Insider that the industry's safety protocols needed updating. Sophie Elizabeth Blythe-Tinker told the court her father "wasn't himself" and had become "increasingly abnormal" during his time on board, per the Telegraph. Cruise ship safetyRoss Klein, an international authority on the cruise ship industry, told BI he believes cruise ship safety rules are outdated. He said no substantial changes have been made to cruise ship safety since the Cruise Vessel Security and Safety Act of 2010. AdvertisementKlein is "not very hopeful" about actionable change regarding cruise safety in the near future "because nobody's pushing for changes."

Persons: —, Nigel Blythe, Blythe, William Hill, Tinker, Sophie Elizabeth Blythe, wasn't, I'm, Karen Shuman, Mr Blythe, Ross Klein, Klein, Levion Parker, Francel Parker, ideation Organizations: Service, London's, of Justice, The Telegraph, Seven Seas, Business, Seven Seas Cruises, Cruise Vessel Security, Royal Caribbean, New York Post, Sun Locations: England, Australia, Blythe, Marseille, Barcelona, Florida, Port

☆ Thinking of investing in Tesla? One analyst gives the stock 79% upside
▼ + stars: | 2024-04-04 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +2 min

Some investors may be hesitant about buying Tesla right now, but one analyst is bullish on the stock. Over the last 12 months, the stock of Elon Musk's auto giant has plunged by nearly 14.5%. One global autos analyst, however, sees opportunities in investing in Tesla, particularly in the longer term. TSLA YTD mountain Year-to-date shares in Tesla The investment bank has an outperform rating on Tesla at a target price of $298, giving it close to 79% potential upside. As for the longer term, Narayan is looking at pockets of growth beyond Tesla's automotive business.

Persons: Tesla, Tom Narayan, CNBC's, Narayan, — Organizations: Elon, FactSet, RBC Capital Markets, Tesla Locations: U.S, Tesla

☆ Billionaires' superyachts are bigger, better, and have more on board than ever
▼ + stars: | 2024-03-29 | by ( Madeline Berg | ) www.businessinsider.com time to read: +9 min

And if you don't have someone on board who can whip up a Michelin-star-worthy meal, you might as well stay on land. AdvertisementThe massage room aboard the Talisman C, a $60 million superyacht for sale at the Palm Beach show. The total value of the 203 superyachts over 30 meters delivered last year was $6.4 billion, according to data from SuperYacht Times. Pampering options, be it a massage room, manicure station, or a professional-grade facial machine, are a dime a dozen. Courtesy of Breed MediaAnd what good is a massage room if no one on board can give one?

Persons: —, Ralph Dazert, Burgess, Anders Kurtén, Kurtén, Nero superyacht, Giovanna Vitelli, Champagne, Benetti's, Donald Trump, Trump, Vitelli, they're, It's, Jeff Bezos, Dazert, everything's, Nero, Jeffrey Beneville, Lana, Bill Gates Organizations: Service, Michelin, SuperYacht Times, Palm, Yachts, —, Monaco Yacht Locations: Russian, superyachting

☆ Oklahoma Was a Legal Marijuana Utopia. Then Came the Mass Murder
▼ + stars: | 2024-03-29 | by ( Matt Stroud | ) www.businessinsider.com time to read: +32 min

Fourteen months after the murders, the garage of the abandoned marijuana farm on prairie tableland northwest of Oklahoma City sits frozen and dark. Broadway Avenue in Kingfisher, Oklahoma, about 30 miles south of where Wu Chen, 47, executed four people at a marijuana farm. When Oklahoma legalized medical marijuana, the only real requirement was that Oklahoma residents had to be involved in marijuana growing and selling. But Oklahoma required 75% of any marijuana business to be owned by an Oklahoma resident. Deputies from the Kingfisher County Sheriff's Office were the first to arrive at the scene of a quadruple homicide at an abandoned marijuana farm.

Persons: Wu Chen, Mike Simons, Kevin Stitt, Sean Hannity's, Dan Newhouse, Liu, Chen, Yi Fei Lin, Mark Woodward, —, OBN, Adria Berry, BI Adria Berry, I'm, Barb Miuccio, Jeremy Grable, Jeremy, Barb, she's, Barbara Miuccio, Treez, Matt Stacy, Stacy, Stitt, Jeremy they'd, he'd, OMMA, didn't, Barb didn't, Barbara, Stacy —, she'd, Stacy hadn't, BI Jonathan Riedlinger, Riedlinger, Lin, Qirong Lin, Hechun Chen, Qiang Chen, Fang Lee —, Wenbo Lin, Wu Chen —, Wenbo Lin didn't, Reidlinger, Jed Green, Matthew Alan Stacy, Barb —, — he's, He'd, Woodward, Helen Carillo, He's, Kevin Pham, Pham, BI Pham, ProPublica, recriminations, Green, It's, they're, I'd, Ken Thompson, Thompson, Chen didn't, He'll, Jonathan Riedlinger, Kiki, I've Organizations: Oklahoma City, Broadway, BI, Marijuana, Oklahoma, Oklahoma Medical Marijuana Authority, Republican, Sean Hannity's Fox, Fox News, Chen Inc, Narcotics, BI Adria, Oklahoma's Army National Guard, OBN, Business, Oklahoma State Bureau of, Sheriff's, Prosecutors, CSI Accounting Services, Whitney Economics, NBC, Cannabis, Virginia Slim, Florida . Police Locations: Oklahoma, Kingfisher County , Oklahoma, Ames , Oklahoma, Kingfisher , Oklahoma, Pennsylvania, California, Arkansas, Republican Washington, China, Kingfisher County, Dallas, Moore , Oklahoma, Oklahoma City, Afghanistan, Iraq, Ukraine, He's, Moore, Kingfisher, Hennessey , Oklahoma, OMMA, Mexico, Edmond, Tulsa, Russia, Bulgaria, Armenia, Steakhouse, Virginia, Florida, Miami Beach, Miami

☆ Standard Chartered says Japan 'very, very close' to yen intervention
▼ + stars: | 2024-03-28 | by ( Shreyashi Sanyal | ) www.cnbc.com time to read: +2 min

Japan is "very, very close" to intervening in the yen, Steven Englander, head of Global G10 FX research and North America macro strategy at Standard Chartered Bank, told CNBC as the currency languishes at multi-decade lows. "I think we're actually very, very close to them [Japanese authorities] jumping in ... they've already discussed the political consequences and nobody's sitting there asking for a weaker yen," Englander told CNBC's "Squawk Box Asia" on Thursday. The Japanese yen traded around 151.47 against the U.S. dollar on Thursday after falling to its weakest level in 34 years at 151.97 in the previous session. Standard Chartered's Englander said potential intervention in the yen would be aimed at buying time for Japanese authorities until the U.S. Federal Reserve starts cutting interest rates or until the Bank of Japan hikes its rates a little more. He further noted that when Japanese authorities last intervened in the yen in 2022, it "worked out pretty well," even though investors were initially skeptical of the effectiveness of such currency intervention.

Persons: Steven Englander, they've, nobody's, Englander, CNBC's, Shunichi Suzuki, Masato Kanda, Yoshimasa Hayashi Organizations: Global, Standard Chartered Bank, CNBC, U.S, Reuters, U.S . Federal Reserve, Bank of Japan Locations: Japan, North America, .

☆ Meet the Delta captain who spent a year's salary chartering an Airbus to take 112 friends on a retirement flight to Hawaii
▼ + stars: | 2024-03-17 | by ( Pete Syme | ) www.businessinsider.com time to read: +6 min

After 16 months of planning, Rosenkranz chartered the widebody jet from Delta to transport 112 friends and family. Rosenkranz told BI he got the idea in October 2022 because many of his coworkers' retirements were disrupted by the pandemic. Related storiesHe told BI it cost him "a good year's salary," but added: "You can't put a price on something that was that big. Rosenkranz told BI he was only the second pilot in nine years to receive the honor. Courtesy of Keith RosenkranzRosenkranz told BI how he writes back to readers who become inspired to join the military.

Persons: —, Keith Rosenkranz, that's, Rosenkranz, harter, ike, ake, orth, lew, ulf W, ade, ince Organizations: Service, Los Angeles International Airport, Delta Air Lines, LAX, Business, Airbus, Aviation, ust, ince Locations: Delta, ife

☆ I spent 10 minutes shopping for a mattress topper online, and it dispelled all notions of online privacy I ever held
▼ + stars: | 2024-03-15 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +7 min

Read previewI was shopping online for a mattress topper — of all the mundane things — when something creepy happened. I had opened a website of a company that I hadn't heard of but that several popular review sites recommended. I lingered on the product page for several minutes, reading the specifications of the topper and comparing it with other options. There are some options for people who are concerned about their personal data being out there. Some states, including California, Colorado, Connecticut, Virginia, and Utah, have passed data-privacy laws that give residents the right to have their personal data deleted or prevent it from being sold.

Persons: —, Rob Shavell, Shavell, DeleteMe, Kelsey Vlamis, Dominic Sellitto, Sellitto Organizations: Service, Business, International Mobile, University, Buffalo School of Management Locations: California , Colorado , Connecticut, Virginia, Utah

☆ Britney Spears' ex-husband Sam Asghari says their relationship was a blessing despite divorce after a year of marriage
▼ + stars: | 2024-03-03 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +2 min

Actor Sam Asghari spoke out about his relationship with Britney Spears post-divorce. Asghari and Spears married in June 2022, and the actor filed for divorce in August 2023. AdvertisementActor and model Sam Asghari is holding no ill will toward Britney Spears following their divorce last year, he told People Magazine. Asghari and Spears' relationship began in 2016 when Asghari starred alongside the singer in the music video for her song "Slumber Party." A month later, Asghari filed for divorce.

Persons: Sam Asghari, Britney Spears, Asghari, Spears, —, I'm, that's, … Organizations: Service, People Magazine, Business

☆ Why some adtech companies are soaring even as the end of cookies threatens to crush the industry
▼ + stars: | 2024-03-01 | by ( Lauren Johnson | ) www.businessinsider.com time to read: +4 min

Read previewThere's a lot of doom and gloom in the digital ad industry, but a handful of adtech firms are showing surprising growth. But advertisers are also bracing for Google to kill third-party cookies in Chrome browsers at the end of this year. AdvertisementThe death of third-party cookies is loomingHowever, adtech firms are also bracing for the death of third-party cookies this year, and the loss of third-party cookies isn't accurately shown in companies' earnings yet. Google killed 1% of third-party cookies from Chrome in January and plans to stop supporting them by the end of the year. Adtech firms including The Trade Desk and PubMatic haven't estimated the potential impact of cookies, but both cite cookies as risk factors in their annual reports.

Persons: —, Magnite, Mark Wright, Wright, Rajeev Goel, PubMatic, Goel, Prohaska Consulting's Wright, Criteo, haven't, Todd Parsons Organizations: Service, Trade, Business, Google, Prohaska Consulting, Unity Software, CTV

☆ 3 signs of a healthy friendship, even if they're really annoying you right now
▼ + stars: | 2024-02-28 | by ( Kim Schewitz | ) www.businessinsider.com time to read: +4 min

Feeling irritated by a friend doesn't necessarily mean the relationship is unhealthy. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIf you're finding a friend particularly annoying right now, it doesn't necessarily mean there's anything wrong with your relationship. Irritation can be a reflection of how you're feeling generallyIf you're getting easily annoyed by someone, it might be because of the way you're feeling more generally, Holmes said. "I think often we feel irritated if we're thwarted, if we're not able to perhaps meet our needs," she said.

Persons: —, Dee Holmes, it's, Holmes, that's, you've, we're Organizations: Service

☆ The most common job-search mistake young workers make, says career counselor who's advised thousands
▼ + stars: | 2024-02-27 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +3 min

Candidates who skip these stages "don't come across nearly as prepared as the candidates who have done their research." To that end, Cruzvergara says students and young professionals can focus on two types of research to prepare for job applications. Talk to your classmates and professors, read the news, tune into social media or listen to podcasts about those topics. Doing research on the micro-level, meanwhile, is understanding the basics of a specific job opening you're applying to. Make sure you go into interviews understanding the title, job description, required skills and experiences, and the company's goals.

Persons: it's, Christine Cruzvergara, Cruzvergara

☆ Want to invest like Warren Buffett? Ignore pundits and 'never risk permanent loss of capital,' says the billionaire
▼ + stars: | 2024-02-26 | by ( Ryan Ermey | ) www.cnbc.com time to read: +3 min

While she has some knowledge of how accounting works, Buffett writes, she wouldn't pass a CPA exam. A major asset for Bertie and investors like her: "She is sensible — very sensible — instinctively knowing that pundits should always be ignored," says Buffett. "Bertie understands the power — for good or bad — of incentives, the weaknesses of humans, the 'tells' that can be recognized when observing human behavior," Buffett writes. And so far, so good," Buffett writes. "Soon, things turned around and now that index hovers around 38,000," Buffett writes.

Persons: Warren, Berkshire Hathaway, you'll, Buffett, Bertie —, Bertie Organizations: Berkshire, YouTube, Dow Jones Locations: Berkshire, America

☆ Former 'Biggest Loser' contestant shares the 5 tips that helped her lose 150 pounds and keep it off
▼ + stars: | 2024-02-21 | by ( ) www.businessinsider.com time to read: +5 min

Megan Hoffman lost 150 pounds and kept it off after being cast on "The Biggest Loser." The best advice for weight loss includes finding a supportive community and non-scale victories. AdvertisementA former competitor on "The Biggest Loser" said she lost 150 pounds and kept it off for years, thanks to five simple weight loss tips. AdvertisementTrust the processAnother common mistake in weight loss is impatience, prompting people to make changes too quickly and leading to cycles of weight loss and regain, known as "yo-yo dieting." Advertisement"Stop looking at the scale and get comfortable with creating the habits," Hoffman said.

Persons: Megan Hoffman, —, Hoffman, she's Organizations: Service Locations: California

☆ Fraud like nobody's watching: Trump was probed for 5 years, and still wouldn't clean up his act
▼ + stars: | 2024-02-18 | by ( Laura Italiano | ) www.businessinsider.com time to read: +11 min

Donald Trump's fraud verdict targets three things he values dearly: his cash, his New York business address, and the Trump Organization steering wheel. Otherwise, as Engoron noted in his verdict, Trump, his company, and his sons, Donald Trump Jr. and Eric Trump, "are likely to continue their fraudulent ways." In previous years, Trump has settled allegations of fraud involving the Trump Foundation, Trump University, and the 2017 Inaugural Committee, Amer pointed out in closings. The same day James concluded her initial investigation and filed her massive Trump fraud lawsuit, on September 21, 2022, Trump incorporated "Trump Organization II" in what her office worried was an attempt to shift and protect assets. Advertisement"In short," they added, Trump and Trump Organization leadership "have proven themselves incapable, time and again, of following the law."

Persons: Trump, Donald Trump's, —, he's, Letitia James, Arthur Engoron, James, he'll, Barbara Jones —, Judge Jones, Jones, Engoron, Donald Trump Jr, Eric Trump, Cushman, Trump's, Allen Weisselberg, Patrick Birney, Birney, Weisselberg, Donald, — Trump, Andrew Amer, Amer, — Jones, Jean Carroll, Kevin Wallace, Christopher Kise, Kise, She's Organizations: NY, Trump Organization, Trump, GOP, New York, Deutsche Bank, Mazars, Trump Org, Trump Foundation, Trump University, New, Independent Monitor Locations: New York, Mazars USA, Wakefield, Trump

☆ Usher says he and Justin Timberlake had a 'bidding war' to sign Justin Bieber
▼ + stars: | 2024-02-18 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +4 min

Usher said he had a "bidding war" with Justin Timberlake to sign Justin Bieber. AdvertisementUsher and Justin Timberlake got into a "bidding war" while trying to sign a then-unknown Justin Bieber. "We built a friendship, but this would obviously create a partnership that would span us forever, and it was a bit of a bidding war between me and Justin Timberlake," Usher said. Scooter Braun, Justin Bieber, and Usher in 2013. Steve Granitz/Getty ImagesDuring his conversation with People, Usher continued that he wanted to sign Bieber because "there can only be one Justin."

Persons: Usher, Justin Timberlake, Justin Bieber, Scooter, Scooter Braun, Bieber, —, Jason Merritt, Braun, Steve Granitz, Justin, Raymond Braun, Beiber, Howard Stern, Stern, we've, Ramsay Hunt, It's Organizations: Service, People Magazine, Bowl, Raymond Braun Media Group, Super Bowl Locations: Idaho

☆ An 81-year-old explains her simple solution to make sure loneliness doesn't become 'a way of life' — and what she thinks stands in the way of forming connections
▼ + stars: | 2024-02-18 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

But she acknowledged that for other older adults, going to the mingle and introducing themselves to strangers might not be so easy. "I think loneliness is sometimes based in fear," Backlund said. Backlund knows the urgency of addressing loneliness and hopes that more people start taking the matter into their own hands. BI has previously spoken to other older adults who found solutions of their own to prevent becoming lonely. Chris Murphy and Bob Casey in December introduced the Addressing Social Isolation and Loneliness in Older Adults Act, which would provide funding for organizations to address loneliness among older Americans.

Persons: Patricia Backlund, wouldn't, Backlund, Vivek Murthy, Murthy, you've, —, That's, let's, he's, Mike Flood, David Trone, Chris Murphy, Bob Casey Organizations: Service, Business Locations: Gig Harbor , Washington

☆ The Vision Pro's scary side effect
▼ + stars: | 2024-02-11 | by ( Adam Rogers | ) www.businessinsider.com time to read: +11 min

The reviews are in, and the tech press is lauding the Apple Vision Pro headset for delivering on the company's promises. Apple and Meta are hoping that this virtual world will be so compelling that you won't just visit. Apple Vision Pro AppleThese are all, as the IT people say, known issues. When people adapt to a perceptual change for long enough, the real world starts to look wrong in the opposite direction. In the meantime, while he's doing his work, maybe don't forget to take that Vision Pro off once in a while.

Persons: It's, They're, you'll, Jeremy Bailenson, You've, That's, they're, techies, Bailenson's, passthrough, Bailenson, doesn't, I've, William Gibson, We've, he's, Adam Rogers Organizations: Apple, Meta, Stanford, Honda, Business

☆ Nobody's quitting their job anymore. That's a bad sign for workers.
▼ + stars: | 2024-02-04 | by ( George Glover | ) www.businessinsider.com time to read: +4 min

That could be a sign that workers feel less confident about the state of the labor market. AdvertisementFriday's blowout jobs report confirmed the labor market is still holding firm, but one often-ignored statistic could signal a looming slowdown. "The second straight 2.2% quits rate — just below the pre-Covid level — is more important, because it clearly signals slower wage gains." "All that air is coming out of the labor market, even though hiring remains strong." "The job market is steadily returning to its pre-pandemic self," Morningstar's Preston Caldwell said in a research note.

Persons: —, José Torres, Ian Shepherdson, Philipp Carlsson, Szlezak, Optimists, Morningstar's Preston Caldwell Organizations: Service, of Labor Statistics, Macroeconomics, Bureau of Labor Statistics, Boston Consulting Group, Business, eBay, Los Angeles Times

☆ A fund manager who has beaten 99% of his peers over the last decade breaks down how he finds value investments where others don't, and the 2 sectors he's looking for opportunities in this year
▼ + stars: | 2024-02-03 | by ( Mark Reeth | ) www.businessinsider.com time to read: +8 min

Consistently beating the competition over a decade and a half is a sign that Bill Nygren is worth listening to. Instead, he uses good old-fashioned value investing techniques that have proven reliable for decades, even as they've evolved. Nygren added: "It's clearly not a value stock, but when you make those adjustments it sells at less than a market multiple. Advertisement2 sectors to invest in right nowThe average investor would be forgiven for looking around the market right now and struggling to find value. Advertisement"And I think value investors have been a natural home for a lot of the financial industry because the industry's typically traded at something like three-quarters of the S&P multiple," Nygren said.

Persons: Bill Nygren, Nygren, there'd, you've Organizations: Oakmark, Oakmark Fund, Business, Big Tech, Capital, Intercontinental Exchange, American International Group, AIG

☆ 3 reasons why investors keep sending cybersecurity giant Palo Alto Networks to record high after record high
▼ + stars: | 2024-01-16 | by ( Morgan Chittum | ) www.cnbc.com time to read: +5 min

Palo Alto Networks CEO Nikesh Arora said Tuesday that cybersecurity demand will only intensify in 2024. Palo Alto Networks was riding a six-session winning streak, including Tuesday's all-time high above $333 per share. PANW YTD mountain Palo Alto Networks (PANW) year-to-date performance When Arora took over as CEO of Palo Alto in June 2018, the stock was around $70 per share. Late last year, Palo Alto announced plans to buy enterprise browser startup Talon Cyber Security and cloud data specialist Dig Security. Arora Nikesh, Palo Alto Networks CEO & Chairman at the WEF in Davos, Switzerland on May 23rd, 2022.

Persons: Nikesh Arora, Arora, Jim Cramer, he's, OpenAI, Sam Altman's, Estee Lauder, Clorox, Palo, we've, Morgan Stanley, Jim Cramer's, Jim, Arora Nikesh, Adam Galica Organizations: Palo Alto, Club, CNBC, Palo Alto Networks, Alto, Palo, Google, MGM Resorts, Caesars Entertainment, Security Locations: Davos, Switzerland, Palo, Palo Alto

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