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☆ Disney just had its worst day in a year and a half
▼ + stars: | 2024-05-07 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

New York CNN —Disney managed a rare feat for a legacy media company: Its streaming service actually turned a profit — with some caveats. It was Disney’s worst stock trading day in 18 months. That’s a lot of money, but it is a pretty huge improvement over the $659 million loss the collective streaming business reported in the same period a year ago. Streaming is new(ish) and very different beast from the traditional cable TV model Disney and other media giants like Paramount, Viacom and Warner Bros. “It is a very tough business,” Verna said.

Persons: CNN Business ’, New York CNN — Disney, ” Paul Verna, ” Disney, ” Verna, Bob Iger, It’s, ” “ Indiana Jones, ”, Iger, Brian Mulberry Organizations: CNN Business, New York CNN, Disney, ESPN, Apple, Netflix, Paramount, Viacom, Warner Bros ., Zacks Investment Management Locations: New York, “, India

☆ I dated my coworker. Then he broke up with me and became my boss.
▼ + stars: | 2024-02-27 | by ( Lara Sterling | ) www.businessinsider.com time to read: +9 min

While we didn't work together directly, I interacted with him sometimes. But even back then, I knew that dating a coworker was a bad idea. AdvertisementThough our company didn't forbid colleagues from dating one another, we both already sensed the taboo nature of our dalliance so we tried to keep it a secret. When you add in the chance of sexual harassment allegations, I would never recommend dating a coworker. Even if you work in different departments, dating a coworker is opening a Pandora's box of emotions that are difficult to navigate professionally.

Persons: —, Austin, peeking, we'd, Logic, Eros, didn't, It's, I've, I'm, you've, who've, haven't, Lara Sterling Organizations: Service, Business, Austin, Society for Human Resource Management Locations: Austin, Los Angeles

☆ I spent Valentine's Day at the bottom of a coal mine. It was the highlight of that relationship.
▼ + stars: | 2024-02-14 | by ( Charlotte Ahlin | ) www.businessinsider.com time to read: +5 min

I spent a Valentine's Day in an active coal mine. The relationship only lasted months, but that is still one of my most memorable Valentine's Day. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIt was Valentine's Day, and I was taking a zipline into hell. Or rather, I was suspended from a swinging bicycle seat, descending into an active coal mine.

Persons: —, We'd, I'd, Jay, stupidly Organizations: Service Locations: India, parasailing, —

☆ Fact check: Trump makes false claims about Iraq, Iran and Nikki Haley in new Fox interview
▼ + stars: | 2024-02-04 | by ( Daniel Dale | ) edition.cnn.com time to read: +9 min

Remember I used to say: ‘Don’t do it, but if you do it, keep the oil.’”Facts First: Trump’s claim that he said “Don’t do it” is false; the claim was debunked eight years ago. In reality, Trump did not publicly express opposition to the March 2003 invasion of Iraq before it occurred. In his 2000 book, “The America We Deserve,” Trump argued a military strike on Iraq might be necessary; when radio host Howard Stern asked Trump in September 2002 whether he is “for invading Iraq,” Trump responded, “Yeah, I guess so. Trump claimed on Fox, as he has before, that Iran “called me” to let him know of its plan to deliberately miss. Trump has provided no substantiation for the claim that Iran called him to telegraph the strike and offer reassurance.

Persons: Donald Trump, Nikki Haley, Mitch McConnell, Iraq Trump, “, Trump, ” Trump, Howard Stern, George W, Bush “, Qasem, Iran “, Asad, ”, Mark Milley, Haley, aren’t, That’s, We’ll, ” Haley, Olivia Perez, Cubas, … ” Mitch McConnell, McConnell, he’s, –, ” McConnell, CNN’s Priscilla Alvarez Organizations: CNN, Republican, Fox News, Fox, Trump, Washington Post, Pentagon, ” CNN, Joint Chiefs, Staff, Post, New, Green, Green New, Deal, Democratic, US Customs Locations: Iraq, Here’s, Iran, Iranian, New Hampshire, New, Indiana, Great, “

☆ When my twins were diagnosed with a rare disorder, I was angry at the world. Now I see how special they are.
▼ + stars: | 2024-01-22 | by ( Gary Nunn | ) www.businessinsider.com time to read: +4 min

Read previewThis as-told-to essay is based on a conversation with Amanda Niszczot Riemersma, whose twins have Williams syndrome. They had respiratory problems, and after looking at them, the cardiologist said he thought they had Williams syndrome caused by the deletion of the elastin gene. AdvertisementAll I saw were the negatives: the health abnormalities, such as heart problems, and also potentially with their eyes, teeth, kidneys, and bowels. People with Williams syndrome can have mild to moderate intellectual disability. AdvertisementThose with Williams syndrome commonly have extremely outgoing personalities, unrelentingly happy dispositions, an unending openness to engaging with others, very little social inhibition, excellent linguistic skills, and a natural intuitiveness and empathy.

Persons: —, Amanda Niszczot Riemersma, Williams, Mason, stupidly, Jordan, I'm Organizations: Service, Business Locations: Jordan, Newcastle, Australia

☆ When it comes to explaining market sell-offs, look for the simplest explanation
▼ + stars: | 2023-12-21 | by ( Bob Pisani | ) www.cnbc.com time to read: +6 min

The simplest explanation for Wednesday's sell-off was that the market was dramatically overvalued and due for a pullback. Look at the Breakwave Dry Bulk Shipping ETF (BDRY). BDRY is essentially a play on global shipping, which is itself a play on the state of the global economy. There's an ETF for global shipping companies If you'd rather play global shipping companies directly, there's an ETF for that as well. The SonicShares Global Shipping ETF (BOAT) is a modified market cap weighted ETF that contains all the big global shipping companies: Kawasaki Kisen Kaisha, Mitsui, Euronav, Matson, AP Moller, Hapag-Lloyd, Maersk, COSCO Shipping, etc.

Persons: William of Ockham, overvalued, —, stupidly, overbought, Santa Claus, Matson, AP Moller, DBRY Organizations: Traders, Santa, Bulk Shipping, Global Shipping ETF, Kawasaki, Mitsui, Euronav, AP, Maersk, COSCO Locations: America, U.S, Hapag, COSCO Shipping, India

☆ New Video Suggests Israeli-Russian Academic Kidnapped in Iraq Is Alive
▼ + stars: | 2023-11-13 | by ( Alissa J. Rubin | More About Alissa J. Rubin | ) www.nytimes.com time to read: +4 min

Ms. Tsurkov was kidnapped in late March after having coffee in a Baghdad cafe. Ms. Tsurkov went to Iraq in January to do academic research. Israel and Iraq do not have diplomatic relations; Iraq deems Israel a hostile state and has banned all contact with it. In the video, Ms. Tsurkov, who speaks in Hebrew throughout, is shown alone, seated on a couch. At the end of the video, Ms. Tsurkov speaks directly to her family, pleading with them to help win her release.

Persons: Elizabeth Tsurkov, Tsurkov, Benjamin Netanyahu, Israel, “, ”, Netanyahu, Sara, Yair, Iraq “, ” Ms, Rina, Arkady, Emma, Avital, David, ” Falih Hassan Organizations: Princeton University, Al, Hezbollah —, Kataib Hezbollah, New York Times, ”, New Lines Institute, Strategy Locations: Iraqi, Israeli, Russian, Baghdad, Al Rabiaa, Iran, Iraq, Israel, Gaza, Syrian, United States

☆ House speaker's plan to avoid shutdown meets resistance from both parties
▼ + stars: | 2023-11-12 | by ( David Morgan | ) www.reuters.com time to read: +5 min

"This two-step continuing resolution is a necessary bill to place House Republicans in the best position to fight for conservative victories," Johnson said in a statement after announcing the plan to House Republicans in a conference call. The House Republican stopgap contained no supplemental funding such as aid for Israel or Ukraine. She said "House Republicans are wasting precious time with an unserious proposal that has been panned by members of both parties." A stopgap measure would give lawmakers more time to implement full-scale appropriations bills to fund the government through Sept. 30. McCarthy opted for the bipartisan route after hardliners blocked a Republican stopgap measure with features intended to appease them.

Persons: Mike Johnson, Johnson, Republican stopgap, Joe Biden, Karine Jean, Pierre, centrists, Sarah Silbiger, Chip Roy, Roy, Brian Schatz, Schatz, Biden, Johnson's, Kevin McCarthy, McCarthy, David Morgan, Timothy Gardner, Scott Malone, Daniel Wallis, David Gregorio Our Organizations: . House, Republican, Republicans, Democratic, White, AAA, ., Louisiana Republican, Food and Drug Administration, U.S, Capitol, REUTERS, Caucus, Social Security, Thomson Locations: Israel, Ukraine, Louisiana, Washington , U.S

☆ US House Speaker Johnson Floats Two-Step Measure to Avert Gov't Shutdown
▼ + stars: | 2023-11-11 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +5 min

Persons: David Morgan WASHINGTON, Mike Johnson, Johnson, Republican stopgap, Joe Biden, Karine Jean, Pierre, centrists, Chip Roy, Roy, Brian Schatz, Schatz, Biden, Johnson's, Kevin McCarthy, McCarthy, David Morgan, Timothy Gardner, Scott Malone, Daniel Wallis, David Gregorio Organizations: . House, Republican, Republicans, Democratic, White, AAA, ., Louisiana Republican, Food and Drug Administration, Caucus, Social Security Locations: Israel, Ukraine, Louisiana

☆ Motivational quotes from billionaires Mark Cuban, Bill Gates and Ray Dalio: 'You are never too smart to be confused'
▼ + stars: | 2023-11-05 | by ( Ashton Jackson | ) www.cnbc.com time to read: +1 min

Even billionaires wish they could go back in time and give their younger selves some wisdom. That goes for three of the world's more popular business icons: Mark Cuban, Bill Gates and Ray Dalio. Each amassed their fortunes through entrepreneurship: Cuban built a startup that was acquired by Yahoo for $5.7 billion, Gates co-founded tech giant Microsoft, and Dalio created Bridgewater Associates, one of the world's largest hedge funds. All three of them have experienced the heights of success — and each has regrets about the paths they took to get there. For example, as Dalio wrote during a Reddit "Ask Me Anything" Q&A in 2019: "The big message I would want to have given myself is: 'Why are you so stupidly arrogant!?!'"

Persons: Mark Cuban, Bill Gates, Ray Dalio, Gates, Dalio Organizations: Yahoo, Microsoft, Bridgewater Associates

☆ Emily Hampshire of ‘Schitts Creek’ apologizes for Johnny Depp and Amber Heard Halloween costumes
▼ + stars: | 2023-11-02 | by ( Lisa France | Lisa Respers France | ) edition.cnn.com time to read: +1 min

CNN —Emily Hampshire has apologized for dressing up with a friend as Johnny Depp and Amber Heard for Halloween. “For Halloween, I stupidly thought it would be funny to dress as Johnny Depp and Amber Heard. They show Hampshire with slicked back hair dressed like Depp, while her friend portrayed Heard. The pair had props, including a wine bottle and fake feces, the latter a nod to the testimony during the trial about Depp finding feces in their bed. Depp and Heard sued each other in 2022 after he accused her of defaming him in 2018 opinion piece Heard wrote for the Washington Post.

Persons: Emily Hampshire, Johnny Depp, Amber Heard, “, Depp, Heard Organizations: CNN, TMZ, Washington Post Locations: Hampshire

An Israeli security source acknowledged Israel's security services were duped by Hamas. As a consequence, the source close to Hamas said, a crucial part of the plan was to avoid leaks. When the day came, the operation was divided into four parts, the Hamas source said, describing the various elements. The final part involved moving hostages to Gaza, mostly achieved early in the attack, the source close to Hamas said. the Israeli security source said.

Persons: Israel, Nir, Osama Hamdan, wasn't, Mahmoud Abbas, Yahya Al, Yaakov Amidror, Benjamin Netanyahu, Amidror, Samia Nakhoul, Jonathan Saul, William Maclean, Edmund Blair Organizations: Hamas, Reuters, Israeli Defence Forces, RAN, Israel, West Bank, Jihad, Fatah, National Security Council, Jerusalem Institute for Strategy, Security, Thomson Locations: Palestinian, Israel, Egypt, Syria, Gaza, Lebanon, Saudi Arabia, Re'im, Dubai, London

The central bank's quest for a "soft landing" of more slowly rising prices and continued economic growth looks increasingly probable. In fact, the U.S. may hit a sweet spot just as the 2024 presidential election campaign crescendos next year. Rather than cheering, though, after years of economic turbulence since the coronavirus pandemic erupted in 2020, Americans grumble, at least if you ask them about the economy. With fast rising prices and the end of an array of pandemic-era government benefit programs, inflation-adjusted household income fell last year, and the poverty rate increased. A Biden adviser said the White House understands that the economy and inflation are a critical issue, and the campaign has a big media push planned on "Bidenomics."

Persons: Sarah Silbiger, Jerome Powell, crescendos, grumble, Joe Biden, Donald Trump, Jimmy Carter's, Ronald Reagan, George H, Bush, Democrat Bill Clinton, Clinton, Biden, They've, that's, Robert Shiller, stupidly, Shiller, Powell, Howard Schneider, Trevor Hunnicutt, Heather Timmons, Paul Simao Organizations: El Progreso Market, Washington , D.C, REUTERS, Rights, . Federal, Reuters, Republican, Biden, Democrat, U.S . Consumer, Yale University, McKinsey & Company, McKinsey, Thomson Locations: Mount Pleasant, Washington ,, U.S

☆ I'm sick of people blaming me for my student-loan debt. It's not all my fault.
▼ + stars: | 2023-09-16 | by ( Frank Olito | ) www.businessinsider.com time to read: +4 min

Even though I made a mistake when I took out my student loans, people should know it's more nuanced than that. I stupidly assumed I would make enough after graduation to pay off my student loans quickly. It's no secret that state schools get a bad rap and are often looked down on. I had one guidance counselor who told me someone with my grades should aim higher than a state school. I'm now paying for the mistakes and will struggle to pay back my student loans for the next decade.

Persons: I'm, I've, It's, it's, stupidly, wouldn't Organizations: Service, Emerson College Locations: Wall, Silicon

As a financial planner, there's certain tough advice my clients never want to hear. Advice like, buy less house — and don't expect your home to be a good investment. As a financial advisor, I'm constantly giving people good advice they don't want. I know no one wants to hear this kind of money advice. No one wants to imagine a worst-case scenario, but if something actually went sideways in your financial life, you'll be glad you had multiple levels of safety net built into your overall plan.

Persons: I'm, it's, We'd, doesn't, Get, you'll, It's Organizations: Service Locations: Wall, Silicon

☆ I tried Apple CEO Tim Cook's 3.45 a.m. wakeup routine. It was a nightmare.
▼ + stars: | 2023-03-17 | by ( James White | ) www.businessinsider.com time to read: +4 min

Tim Cook has been the CEO of Apple since 2011 and has a net worth of $1.8 billion. James White did this for three days but trying to hustle like the Apple CEO felt extremely unnatural. You can change the world," Apple CEO Tim Cook previously told Fast Company. But Tim Cook takes that concept to the extreme, waking up at around 3.45 a.m.Tim receives up to 800 emails each day. Trying to hustle 24/7 like Tim Cook felt extremely unnatural.

☆ We're looking for stocks to buy for the Club now that regulators saved SVB depositors
▼ + stars: | 2023-03-12 | by ( Jim Cramer | ) www.cnbc.com time to read: +6 min

You can't just wipe out a bank and about $170 billion in SVB deposits and expect to see business as normal in the country. If you are a depositor, let's just say you aren't going to be so foolish as to concentrate your deposits going forward. But it did have a very low retail share of deposits, like SVB, so perhaps that may have had something to do with it. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

☆ Grieving women warn of TikTok scam involving sending loved ones' ashes to a fake artist who uses the remains for extortion
▼ + stars: | 2023-03-05 | by ( Jordan Hart | ) www.businessinsider.com time to read: +4 min

Three women allege they were victims of an online scam after sending ashes to a TikTok artist for memorial paintings, USA Today reported. In conversations about the project, the artist told Ide that he'd gotten a contract to work in Cambodia. "Cashapp me $1000 and get your ashes sent back to you," a message from the alleged scammer read. Portalupi, the real artist of the advertised paintings, told USA Today he was unaware of the impersonator until after the women had already been scammed. "I am mind blown by this," he said, per USA Today.

☆ Sam Bankman-Fried said he thought the wild DM exchange between him and a reporter was a conversation with a 'longtime friend' who he 'stupidly forgot' was a journalist
▼ + stars: | 2022-12-01 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +4 min

Following the FTX collapse, the founder and former CEO exchanged wild DMs with a Vox reporter. The Twitter direct messages were published by Vox on November 16, days after his cryptocurrency exchange, FTX, collapsed. It was a longtime friend of mine who I stupidly forgot was also a reporter," Bankman-Fried said, adding: "I'm not sure what they thought the capacity was at the time, but it certainly ended up being reported on." During the exchange, Piper also mentioned the conversation the two had over the summer. In a lengthy Twitter thread published shortly after the DMs came out, Bankman-Fried also referred to the Piper as his "friend."

☆ The $113,000 Hummer EV is totally outrageous in every way — and that's what makes it such a good time
▼ + stars: | 2022-11-26 | by ( Tim Levin | ) www.businessinsider.com time to read: +7 min

The GMC Hummer EV is ridiculously large, astonishingly quick, and excessive in every way. GM lent me a Hummer EV Edition 1, which retails for around $113,000. First, the basicsThe 2022 GMC Hummer EV Edition 1. The Hummer EV pickup launched in late 2021, and an SUV is on the way for 2023. What falls short: New Hummer, same problemsThe Hummer EV is wildly inefficient compared to its competitors, which is both unfortunate and on brand.

☆ Trump's most important 2016 donor is sitting out 2020
▼ + stars: | 2020-07-24 | by ( Dave Levinthal | ) www.businessinsider.com time to read: +20 min

Robert and Rebekah Mercer ranked among President Donald Trump's most influential backers in 2016. A representative for Priorities USA Action, a leading pro-Biden super PAC, said the organization wasn't underestimating Trump's reelection forces, Mercers or no Mercers. (Bossie, like former Trump campaign manager Corey Lewandowski and many others, has recently found himself back in Trump's favor.) The Cambridge Analytica data that the Trump campaign paid for was "so stupidly wrong" and a "complete joke," Spicer added. But sources familiar with the Mercers' political spending said they have no evidence that the Mercers are doing so.

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