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☆ Inflation-hit Germans are demanding a legal cap on the price of a doner kebab. They're not joking.
▼ + stars: | 2024-05-07 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +3 min

A German political party proposed a government cap on doner kebabs. Around €7 billion, or around $7.5 billion, worth of doner kebabs are sold every year in Germany, according to The Guardian and The Independent. The party plans to propose a government price cap of €4.90 (around $5.30) or €2.90 (around $3.10) for young people, The Guardian reported. If those decrease, then kebab prices also decrease," Gebel told BI. "The kebab price will remain high if the government does not change anything," she said.

Persons: Chancellor Scholz, —, Kathi, Gebel, Olaf Scholz, Virginia Mayo, Scholz, Putin … I'm Organizations: Guardian, Service, Independent, Left Party, AP, European Central Bank, Federal Statistical Office Locations: Germany, Brussels, Virginia

☆ 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

What makes these stocks so formidable is the way they are "constantly reinventing themselves," Jeff Marks, the Club's director of portfolio analysis, said alongside Jim on stage. The Club portfolio, which consists of 32 stocks and cash, has nearly a 22% weighting in the Super Six. Let's consider how to allocate a hypothetical portfolio consisting of 12 stocks and 10% cash. Understanding how the stocks are linked creates an opportunity to build a well-rounded portfolio that balances risk and future returns. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer, … I'm, Jim, Jeff Marks, Let's, Eli Lilly, Linde, –, Tim Cook, we're, it's, Jim Cramer's Organizations: Apple, Microsoft, Meta, Nvidia, Tesla, Palo Alto Networks, Costco, Linde, Google, Facebook, Amazon Web Services, Super, Jim Cramer's Charitable, CNBC Locations: Palo, Amazon, lockstep

☆ Zelenskyy calls Trump's rhetoric about Ukraine's war with Russia 'very dangerous'
▼ + stars: | 2024-01-20 | by ( ) www.cnbc.com time to read: +3 min

Ukrainian President Volodymyr Zelenskyy speaks with CNBC's Andrew Ross Sorkin at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 16th, 2024. Ukrainian President Volodymyr Zelenskyy said he was worried by the prospect of Donald Trump returning to the White House, branding Trump's claim that he could stop Ukraine's war with Russia in 24 hours as "very dangerous." If you can stop the war during 24 hours, I think it will be enough to come," Zelenskyy said. Zelenskyy described the former president's rhetoric as "very dangerous" and appeared to be apprehensive that Trump's idea of a negotiated solution might involve Ukraine making major concessions to Russia. Throughout his political career, he has frequently lavished praise on Russian President Vladimir Putin, including after Moscow's February 2022 invasion of Ukraine.

Persons: Volodymyr Zelenskyy, CNBC's Andrew Ross Sorkin, Donald Trump, Zelenskyy, Trump, … I'm, that's, Vladimir Putin, Putin, Joe Biden's Organizations: White House, Republican, U.S . House Locations: Davos, Switzerland, Russia, Kyiv, Ukraine, Georgia, Russian

☆ Will Smith Will Revive 'I Am Legend' Character for Upcoming Sequel
▼ + stars: | 2023-12-03 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +3 min

Will Smith is returning for the 'I Am Legend' sequel, despite being killed off in the original film. AdvertisementWill Smith has shared details about the sequel to "I Am Legend," including how his character, who dies in the original film, will be resurrected for the new thriller. "You have to be a real 'I Am Legend' buff, but in the first one, in the theatrical version, my character died." "I Am Legend" saw Smith take on the role of one of the only survivors after a virus decimates mankind. But it's a really, really cool concept, and he was a part of creating the idea," Smith said.

Persons: Will Smith, Michael B, Jordan, —, Smith, … I'm, virologist Robert Neville, Robert Neville, Smith —, hadn't Organizations: Service, Red Sea, Warner Bros ., Warner Bros, Entertainment Locations: Saudi Arabia, …

☆ Fired employee trashes modern corporate work culture
▼ + stars: | 2023-11-14 | by ( Sonam Sheth | ) www.businessinsider.com time to read: +2 min

Tucker Carlson tore into modern corporate work culture in a recent interview. "I just so hate that culture that treats people like they're not people," he said. AdvertisementFormer Fox News host Tucker Carlson tore into modern work culture in a recent interview, saying that it "treats people like they're not people." Advertisement"Did I just find myself agreeing with Tucker Carlson?????" "Who is this and what has he done with Tucker Carlson?"

Persons: Tucker Carlson, Carlson, —, Theo Von, Von, tucker Carlson, Tucker Organizations: Fox, Service, Fox News, Dominion Voting Systems, Dominion

☆ X users slam millionaire venture capitalist who 'has not had a traditional 9-5 job' in decades after he mocks Gen-Zer venting about work-life balance
▼ + stars: | 2023-10-26 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +4 min

Millionaire VC Jason Calacanis is catching flak for mocking a woman venting about her 9-5 on TikTok. Users on X, formerly Twitter, said he was punching down and noted he hadn't worked a 9-5 in decades. Some commenters said the woman was unprepared to enter the workforce; others agreed 9-5 jobs leave little room for work-life balance. "I want to be able to talk for this next generation and explain that a 40-hour work week plus commute is not necessary for productivity," she said. Period," one person said on X.AdvertisementAdvertisementMany users agreeing with Brielle expressed their support for a 4-day work week.

Persons: Millionaire, Jason Calacanis, hadn't, —, Brielle, didn't, I'm, Calacanis, they've, weren't Organizations: Service Locations: TikTok, New Zealand, Australia

"This also puts an added burden on Israel while they go after Hamas, but that does not lessen the need for – to operate in line with the laws of war," Biden said. In his first press conference since Hamas attacked Israel Oct, 7, Biden also said he was alarmed by reports that Israeli settlers were attacking Palestinians in the West Bank. But the West Bank is a major point of contention between Palestinians and Israel, whose prime minister, Benjamin Netanyahu, has encouraged Israeli settlements there. … I'm sure innocents have been killed, and it is the price of waging war," Biden said. Middle East Cartoons View All 133 ImagesHe said that, while he has no proof, he believes the Hamas attack was a way to disrupt efforts to normalize relations between Israel and Saudi Arabia.

Persons: Joe Biden, Biden, Anthony Albanese, Benjamin Netanyahu, Israel, …, Netanyahu Organizations: Hamas, Garden, Australian, West Bank Locations: Israel, Washington, Gaza, Saudi Arabia

☆ I missed Beyoncé’s European tour, so I flew 4,600 miles to New Orleans to see her in concert — by myself
▼ + stars: | 2023-10-11 | by ( Lucy Handley | ) www.cnbc.com time to read: +10 min

Afterward, I listened to "Summer Renaissance," Beyoncé's reworking of one of my favorite songs, Donna Summer's 1977 disco hit "I Feel Love," on repeat. Beyoncé's daughter, Blue Ivy, dances, as her mother sings behind her on the London, U.K. leg of the Renaissance World Tour in May 2023. Virgin Hotels New Orleans, where I stayed, is only a half-mile from the Superdome stadium, and was well-prepared to host the many concertgoers who stayed there. Members of Beyoncé's Renaissance World Tour band perform at jazz club Snug Harbor in New Orleans, led by saxophonist Kat Rodriguez (second from right). Caesars Superdome stadium in New Orleans is illuminated by thousands of lights attached to audience members' wristbands during Beyoncé's Renaissance World Tour.

Persons: Beyoncé, Kevin Mazur, WireImage, Alexander McQueen, Roksanda, Roksanda Ilincic, Annie Macmanus, Donna Summer's, Blue Ivy, Beyoncé I've, I've, Redmond —, Honey Dijon, Laveau Contraire, Kat Rodriguez, Lucy Handley, Crystal Torres, Tayler Green, Danny Laurino, John Coletti, Hurricane Katrina, Willa Jean, diamante Organizations: Tottenham Hotspur, Tottenham Hotspur Stadium, Parkwood, London, Caesar's, British Airways, Southbank, Virgin Hotels, Preservation Hall, Bank, Getty, Garden, Uptown, Plantations, New, New Orleans police, Vue Orleans, Caesars Locations: London —, Instagram, London, U.K, British, Amsterdam, New Orleans , Louisiana, YOLO, New Orleans, Orleans, Virgin Hotels New Orleans, Bey, Preservation Hall , New Orleans, Snug, Faubourg Marigny, U.S, Mississippi, Louisiana, Beyoncé's

☆ How DeSantis' Early Missteps Hobbled His U.S. Presidential Bid
▼ + stars: | 2023-09-25 | by ( Sept. | At A.M. | ) www.usnews.com time to read: +11 min

Reuters spoke to 16 political operatives and donors close to DeSantis to reconstruct the roughly 10-week period from mid-March - before Trump's first criminal indictment in New York - to DeSantis' campaign launch on May 24. The unforced errors in that early stage had a lasting impact on DeSantis' campaign, they acknowledged. The DeSantis campaign told Reuters it did not want to discuss any past strategic decisions and was focused on preparing for the first nominating contests, which kick off with the Iowa caucus on Jan. 15. "The president was dead set on attacking Ron DeSantis as early as possible," Chris LaCivita, Trump's co-campaign manager, told Reuters. LESSONS LEARNEDAides say DeSantis' campaign has sought to make some strategic adjustments.

Persons: Gram Slattery, James Oliphant, Nathan Layne WASHINGTON, Ron DeSantis, Donald Trump's, DeSantis, Trump, coy, Trump's, Chris LaCivita, MAGA, LaCivita, Ford O'Connell, unelectable, Robert Bigelow, Ryan Tyson, David Polyansky, Evan Power, Power, Jim Oliphant, Nathan Layne, Alexandra Ulmer, Ross Colvin, Daniel Flynn Organizations: Trump, Reuters, Iowa, TRUMP, Twitter, Republican, Social Security, Medicare, Inc, intoned, Conservatives, DeSantis, U.S, Congress, Republicans, Florida Republican Party Locations: Florida, Japan, New York, Iowa, Tallahassee, Lago, San Francisco

Florida Governor Ron DeSantis talks with journalists after meeting Japanese Prime Minister Fumio Kishida at the latter's official residence in Tokyo, Japan, 24 April 2023. Reuters spoke to 16 political operatives and donors close to DeSantis to reconstruct the roughly 10-week period from mid-March - before Trump's first criminal indictment in New York - to DeSantis' campaign launch on May 24. The unforced errors in that early stage had a lasting impact on DeSantis' campaign, they acknowledged. "The president was dead set on attacking Ron DeSantis as early as possible," Chris LaCivita, Trump's co-campaign manager, told Reuters. LESSONS LEARNEDAides say DeSantis' campaign has sought to make some strategic adjustments.

Persons: Ron DeSantis, Fumio Kishida, KIMIMASA, Donald Trump's, DeSantis, Trump, coy, Trump's, Chris LaCivita, MAGA, LaCivita, Ford O'Connell, unelectable, Robert Bigelow, Ryan Tyson, David Polyansky, Evan Power, Power, Gram Slattery, Jim Oliphant, Nathan Layne, Alexandra Ulmer, Ross Colvin, Daniel Flynn Organizations: Rights, Trump, Reuters, Iowa, TRUMP, Twitter, Republican, Social Security, Medicare, Inc, intoned, Conservatives, DeSantis, U.S, Congress, Republicans, Florida Republican Party, San, Thomson Locations: Florida, Tokyo, Japan, New York, Iowa, Tallahassee, Lago, San Francisco

☆ Conan O'Brien says January 6 is 'a blip' compared to how much Trump 'hurt comedy': 'That's his greatest crime'
▼ + stars: | 2023-09-12 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +2 min

Conan O'Brien quipped that Trump's greatest crime might be "how much he's hurt comedy." The late-night legend compared writing jokes about Trump to trying to parody the National Enquirer. "I think the January 6 thing is a blip compared to how much he's hurt comedy," O'Brien told Kara Swisher. "I think the January 6 thing is a blip compared to how much he's hurt comedy." O'Brien, who never leaned into Trump comedy the way some of his then-competitors did, said the struggle was so many of the punchlines were about visceral feelings rather than actual jokes.

Persons: Conan O'Brien, Trump, O'Brien, Kara Swisher, Donald Trump's, That's, Elvis, Michael Jackson's, He's, Drake's, Jimmy Fallon, punchlines Organizations: National Enquirer, Service, New York Magazine, Trump, Harvard Lampoon, White Locations: Wall, Silicon

☆ Trump Georgia election co-defendants Chesebro, Powell to be tried together Oct. 23, judge rules
▼ + stars: | 2023-09-06 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

Former President Donald Trump speaks to the media at Hartsfield-Jackson Atlanta International Airport after surrendering at the Fulton County Jail in Atlanta, Aug. 24, 2023. Judge Scott McAfee said that as of now, he plans to start trial for Kenneth Chesebro and Sidney Powell on Oct. 23. McAfee left open the door — slightly — to grant a request by prosecutors to hold a joint trial for Trump and the 18 co-defendants in the case. I remain very skeptical," the judge said as he gave the Fulton County District Attorney's Office time to submit a legal brief justifying the joint trial. Earlier in the hearing, a prosecutor told McAfee that holding a joint trial for Trump and the other defendants would take four months to complete, with testimony from potentially more than 150 witnesses.

Persons: Donald Trump, Scott McAfee, Kenneth Chesebro, Sidney Powell, McAfee, I'm, … I'm Organizations: Hartsfield, Jackson Atlanta International Airport, Jail, Trump, Fulton County Superior, Attorney's Locations: Fulton, Atlanta, Georgia, Fulton County

☆ The bad news for automakers in China is only getting worse
▼ + stars: | 2023-08-19 | by ( Alexa St. John | ) www.businessinsider.com time to read: +5 min

Now Chinese automakers' next move is to capitalize on exports, a recent Morgan Stanley note said. But some of that car-buying demand in China starting to wane, according to an August 17 note from Morgan Stanley. "We're still growing our market share in China," Tesla SVP of automotive Tom Zhu said at the firm's Investor Day in March. But while early cuts might have sparked demand, Morgan Stanley analysts called "Tesla's further promotional activity of particular concern." Chinese companies are forging ahead elsewhere while domestic demand easesThird, this just means that the Chinese companies will continue their push across the globe.

Persons: Tesla, Morgan Stanley, NEVs, Ford, Jim Farley, BEV, John Lawler, Tom Zhu Organizations: EV, Morning, Tesla, Ford, GM, Automobility, Deutsche Bank, KPMG — Locations: China, Europe

☆ People are trashing a budget airline and saying it put them up in 'disgusting' cockroach-infested hotel rooms in Cyprus and Spain after their flights were canceled
▼ + stars: | 2023-07-14 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +4 min

The UK-based budget airline canceled 1,700 flights between July and September, per Reuters. Disgruntled passengers stranded by a budget airline's flight cancellations are blasting the "disgusting" hotels the carrier put them in. Of the 90,000 flights scheduled for the rest of July and August, British budget airline EasyJet has canceled around 1,700 flights, predominantly from London's Gatwick airport, Reuters reported on Monday. Twitter user @angeldelight28 shared pictures of the hotel room she said EasyJet had put her up in after her flight to Liverpool was canceled, leaving her stranded in Larnaca, Cyprus. The pictures showed a barebones hotel room with unidentified stains over the patio and bathroom floors.

Persons: EasyJet, Clare, Zoe Wright, Mark Buntin, Insider's Hannah Towey, honeymoons Organizations: Morning, EasyJet, Reuters, Twitter, Liverpool, Daily, Sky News, Gatwick Locations: EasyJet, London's Gatwick, Larnaca, Cyprus, lanzarote, Bristol, Luton, Dalaman, Turkey, Europe, Russia, Ukraine, Amsterdam's

☆ Billionaire Mark Cuban swears by this ‘powerful’ negotiation hack: It’s ‘money in the bank’
▼ + stars: | 2023-07-12 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

Mark Cuban often sits quietly while his "Shark Tank" co-hosts are in a bidding war — and it isn't a coincidence. There will be times when someone walks in on 'Shark Tank' and I'm thinking to myself: 'There's no way I'm interested. "When I listen to the other sharks, they're going to tell me if I have any competition financially to do a deal. "Silence is money … money in the bank." Disclosure: CNBC owns the exclusive off-network cable rights to "Shark Tank," which features Mark Cuban as a panelist.

Persons: Mark Cuban, Chris Voss, It's, Cuban, Barbara Corcoran, I'm, they've, Warren Buffett Organizations: Fireside, MIT Sloan School of Management, CNBC Locations: Cuban

☆ From Taylor Swift to the World Cup, travelers are paying big bucks to catch overseas games and shows
▼ + stars: | 2023-07-10 | by ( Monica Pitrelli | Evelyn Chen | ) www.cnbc.com time to read: +6 min

When Taylor Swift's Eras tour rolls into Singapore next year, Rjay Ignacio said he'll be there — whether he has a ticket or not. "If I'm not able to get a ticket, I'm still going to Singapore," he said. He said he would only travel "for Taylor … I'm a big fan." Swifties, or Taylor Swift fans, spend an average of $1,330 on tickets, food and travel, according to the research company QuestionPro. To avoid facing an "astronomical price surge," Jakarta resident Wid said one of his friends booked a hotel in Singapore before Swift's tour tickets even went on sale.

Persons: Taylor, Rjay Ignacio, he'll, Taylor Swift, I'm, Ignacio, Taylor …, Farhan Abrol, Kanyarat Teawprasong, Swift, Armando L, Sanchez, Lionel Richie, Harvey Cohen, Wid, Nan Palmero, I'd Organizations: Deloitte, Wimbledon, CNBC Travel, Austin City Limits Music, Chicago Tribune, Tribune, Service, Swift's, Qatar Airways, FIFA, Accor Locations: Singapore, Asia, Pasig City, Philippines, YOLO, Francisco, Bangkok, Korea, Japan, Taiwan, Hong Kong, Thailand, Southeast Asia, Las Vegas, Chicago's Grant, Bahamas, United States, Navan, Cincinnati, Pittsburgh, Jakarta, Doha

☆ Inside Infowars' crumbling empire: Ex-Staffers reveal the 'volatile' and 'unhinged' atmosphere working for conspiracy theorist Alex Jones
▼ + stars: | 2023-06-11 | by ( Tom Porter | Ashley Collman | ) www.businessinsider.com time to read: +23 min

One afternoon in the spring of 2017 Alex Jones furiously lunged at his video producer. According to Jacobson, Jones had to be restrained by another Infowars staffer lest he actually hurt him. Alex Jones did not respond to Insider's request for comment. Owens also said he felt guilty about his complicity in promoting the Sandy Hook conspiracy theories during his time working there. "People hearing the words Sandy Hook, they automatically think Alex Jones," she added.

Persons: Alex Jones, lunged, Robert Jacobson, Jones, Jacobson, hawking, Paul Simon, Bruce Springsteen, Alex, baselessly, David, doesn't, Sandy Hooks, Sandy Hook, Josh Owens, Owens, Marjorie Taylor Greene, John Travolta, badgering, George, we're, Jone, Nuri Vallbona, lackey, …, That's, I'm, Christmas Jones, Kelly, David Duke, Duke, Infowars, He'd, David McCullough, Christopher Jordan, Jordan, they're, Megan Squire, Squire, Dave Mustain, Tim Kennedy, Donald Trump, Chris Mattei, Judge Barbara Bellis, Daria Karpova, Karpova, " Jacobson, he'll, He'll Organizations: Austin, Austin Community, Facebook, Factory, Infowars, Iron, Alamo, New York Times Magazine, REUTERS, New, Senate, Housing, Southern Poverty Law Center, San Diego, Free Speech Systems, YouTube, Sandy, Connecticut Superior, Associated Locations: Austin, Texas, USA, Infowars, Atlanta, Austin , Texas, U.S, New York City, Louisiana, Infowar, Newtown, Connecticut, New Orleans, Waterbury, Conn

☆ Virgin Orbit COO calls out company leadership for failures in goodbye memo. Read the full email
▼ + stars: | 2023-04-04 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +5 min

Gingiss' email appears to call out Virgin Orbit CEO Dan Hart, although not by name, and offers an apology to employees that they "have not heard from the person who should be saying it." With Virgin Orbit now under bankruptcy protection, departing Chief Operating Officer Tony Gingiss had some choice words for the company's leadership, as well as a lengthy and detailed apology to its employees. Dear Virgin Orbit and Virgin Orbit National Systems current and former employees,Like many of you, today is my last day at Virgin Orbit. Thank you for everything you gave to me personally and to the dream of Virgin Orbit. Go boldly onto your next adventure and bring that special you that you brought to Virgin Orbit.

☆ Senior Discounts to Use in Your 50s As Inflation Worries Continue
▼ + stars: | 2023-03-19 | by ( Jordan Hart | ) www.businessinsider.com time to read: 1 min

Offering discounts builds loyalty, one marketing expert told the Post. "When businesses are offering that, it is a feeling of like, 'I'm part of this special group … I'm being recognized and being rewarded.' Marc RomanelliRead the full Washington Post story here.

☆ Why 94-year-old ‘Everything Everywhere All at Once’ star James Hong says he's not close to retiring
▼ + stars: | 2023-02-27 | by ( Jennifer Liu | ) www.cnbc.com time to read: +4 min

Onstage, Hong reflected on the early days of his career, when he often played side characters to white leads in yellowface. Hong recalled that producers "said Asians were not good enough and they are not box office. After decades in the industry, Hong is getting greater public recognition for his work. Hong received a star on the Hollywood Walk of Fame in 2022, making history as the oldest recipient to receive the honor. Hong says he's a better actor today than ever.

☆ From Beyoncé to Taylor Swift: 7 women who made history at the 2023 Grammys
▼ + stars: | 2023-02-06 | by ( Morgan Smith | ) www.cnbc.com time to read: +4 min

Beyoncé, Taylor Swift and more female artists broke records and saw historic wins across several categories at the 2023 Grammy Awards. The winners were announced on Sunday during two different ceremonies in Los Angeles, honoring the best music of the year across a wide range of genres. Here are seven women who made history with their wins at the 2023 Grammys:BeyoncéRobert Gauthier | Los Angeles Times | Getty ImagesBeyoncé is now the winningest artist in Grammys history thanks to a quartet of awards for her album "Renaissance." Viola DavisTimothy Norris | Filmmagic | Getty ImagesThe 57-year-old actress earned EGOT status at the 2023 Grammy Awards, making her the third Black woman in history to achieve the rare and coveted honor. Germaine FrancoJay L. Clendenin | Los Angeles Times | Getty ImagesGermaine Franco won best score soundtrack for visual media for composing the Disney animated film "Encanto."

☆ A New York man who admitted to leaving threatening voicemails for Marjorie Taylor Greene dared her to file charges against him
▼ + stars: | 2023-02-02 | by ( Chris Panella | ) www.businessinsider.com time to read: +2 min

A New York man pleaded guilty Wednesday to leaving threatening voicemails for GOP Rep. Marjorie Taylor Greene. Joseph F. Morelli, 51, called Taylor Greene's office from his Endicott home and threatened to hurt her, prosecutors say. Prosecutors say Morelli admitted he left Greene a voicemail saying, "I'm gonna have to take your life into my own hands… I'm gonna hurt you. Physically, I'm gonna harm you." "My name is Joseph Morelli, M-O-R-E-L-L-I," he said, according to court documents.

☆ Jim Cramer warns that negative forces are still pulling down the economy in the new year
▼ + stars: | 2023-01-03 | by ( Krystal Hur | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Tuesday reminded investors that the new year didn't bring about a new economy. "The fundamentals are what matters and, sadly, we have not turned the page on this economy — just the calendar," he said. Stocks slipped on Tuesday to kick off the year, as rising interest rates and persistent inflation continued to worry investors. Stocks of companies that have significant business in China are also performing well since the country is poised to continue reopening its economy, he added. Disclaimer: Cramer's Charitable Trust owns shares of Apple.

☆ Ben Affleck says it's an 'impossible job' to make great movies with Netflix's 'assembly-line process'
▼ + stars: | 2022-12-01 | by ( Travis Clark | ) www.businessinsider.com time to read: +4 min

Affleck said it's impossible to make a large number of great movies with Netflix's "assembly-line process." "I would have said, 'How are we going to make 50 great movies? He noted that it's "impossible" to make a lot of great content under an "assembly-line process" like Netflix's, which pumps out hundreds of movies and TV shows a year. "If you ask [Netflix co-CEO] Reed Hastings … I'm sure there's some risk in that, and I'm sure they had a great strategy, but I would have said, 'How are we going to make 50 great movies? The company's content spend has included hundreds of millions of dollars on action movies that it hopes to turn into franchises, such as "Red Notice" and "The Gray Man."

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