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☆ Father’s Day: 4 pop culture dads worse than you
▼ + stars: | 2024-06-16 | by ( Kristen Rogers | ) edition.cnn.com time to read: +7 min

CNN —Whether you’re a new or seasoned father, the anxieties of raising children can pop up anywhere, anytime. “Also, just every dad I spoke to was like, ‘I’m worried that I’m gonna roughhouse too hard (and) they’ll get hurt,’” Boozan said. And “as a comedy writer, I’m biased, but I’m a big proponent of laughter as medicine. “That’s a great example of a workaholic dad who thinks that amassing a trove of riches in order to pass that along to your child is the way of being a good dad,” Boozan said. “The best thing my dad ever did … is he was a chill dad,” Boozan said.

Persons: I’m, Glenn Boozan, ”, Priscilla Witte, Thanos, Jack Torrance, Stephen King’s “, Boozan, “ I’m, “, ‘ I’m, they’ll, ’ ” Boozan, ’, ” Boozan, Walter ‘ Heisenberg, White Walter White, Bryan Cranston, Walter White Jr, ” Ursula Coyote, Walter White’s, White, Wayne Szalinski Wayne Szalinski, Rick Moranis, Diane, Marcia Strassman, Nick, Wayne Szalinski, Darth Vader Luke Skywalker, Mark Hamill, Darth Vader, David Prowse, James Earl Jones, ” Albert Clarke, ’ ”, Midas, Walter Crane, King Midas ’, Rich, “ Midas, “ That’s Organizations: CNN, Marvel, RJ, Lucasfilm, Century Fox, Star Locations: RJ Mitte, Wayne’s

☆ The top 10 cities with the most homes under $200,000 all share the same thing: baked-in affordability
▼ + stars: | 2024-06-15 | by ( Jordan Pandy | Erin Snodgrass | ) www.businessinsider.com time to read: +2 min

This story is available exclusively to Business Insider subscribers. "I don't think there's any place where we are seeing significant price reductions," Realtor.com data journalist Evan Wyloge told Business Insider. "A lot of this list has to do with the baked-in affordability for some of these places." Not a single West Coast city cracked the top ten — simply because there are no affordable pockets out West, Wyloge said. Realtor.com scoured the US to find the most affordable cities and ranked them by how many listings they had under $200,000 — excluding land, mobile homes, and cities with less than 100 listings.

Persons: —, Evan Wyloge, Wyloge, Hannah Jones, It's Organizations: Service, Business, National Association of Realtors Locations: Florida, Lauderdale, Lauderhill, Fort Lauderdale

☆ Taylor Swift's longtime ex-boyfriend Joe Alwyn breaks his silence a year after their split, asks for empathy
▼ + stars: | 2024-06-15 | by ( Lauren Edmonds | Katie Balevic | ) www.businessinsider.com time to read: +1 min

Joe Alwyn spoke about his relationship with Taylor Swift to The Sunday Times. Swift and Alwyn dated for six years before breaking up in 2023. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementJoe Alwyn, speaking openly about his breakup with Taylor Swift for the first time, urged fans to have some empathy. Alwyn, 33, and Swift, 34, dated for six years before their split in April 2023.

Persons: Joe Alwyn, Taylor Swift, Alwyn, Swift, —, Swifties Organizations: Sunday Times, Service, Department Locations: London

☆ Lamine Yamal makes history as youngest player to appear at a European Championship
▼ + stars: | 2024-06-15 | by ( Matias Grez | ) edition.cnn.com time to read: +1 min

Spain’s Lamine Yamal made history on Saturday by becoming the youngest player to appear at a men’s European Championship when he took to the field against Croatia at Euro 2024. At 16 years and 338 days old, Yamal surpassed the previous record set by Poland’s Kacper Kozłowski, who was 17 years and 246 days old when he played against Spain at Euro 2020. Yamal already holds the records for being the youngest player to feature for Barcelona and the youngest player to start a match in La Liga in the 21st century. “I think he’s so mature and can already make the difference for us,” former Barça head coach Xavi recently told reporters of Yamal. “We have to take care of him, but I think he’s ready and I’m not afraid to trust youth.”

Persons: Yamal, Poland’s Kacper Kozłowski, Dani Carvajal, It’s, Xavi, ” Organizations: CNN, Croatia, Spain, La Liga, Champions League Locations: Barcelona, Barça’s, Spain

☆ The rise in sports betting and gambling violations by pro athletes, in 4 charts
▼ + stars: | 2024-06-15 | by ( Annette Choi | ) edition.cnn.com time to read: +4 min

As pro athletes deal with the ramifications of betting on games, a growing number of people are also grappling with mental health issues associated with sports betting. Gambling addiction hotlines across the country have reported a huge surge in traffic in recent years. Texts and chats to the National Problem Gambling Helpline have increased around 800% since 2018 while call volume grew nearly 80%. The annual national social cost of problem gambling — including job loss and gambling-related criminal justice — amounts to around $14 billion, according to the National Council on Problem Gambling. In January, Sen. Richard Blumenthal and Rep. Andrea Salinas introduced the Gambling Addiction Recovery, Investment, and Treatment Act, which would use federal funding to treat and study problem gambling.

Persons: Tucupita, Jontay Porter, Robert Manfred, —, There’s, LeBron James, ”, Charlie Baker —, National Collegiate Athletic Association —, Sen, Richard Blumenthal, Andrea Salinas Organizations: CNN, Major League Baseball, San Diego Padres, National Basketball Association, Toronto Raptors, MLB, US, State helplines, of Ohio, National Council, Sports, American Gaming Association, Leagues, NBA, ESPN, National Collegiate Athletic Association, Investment Locations: New Jersey, Nevada, Washington, DC, Massachusetts, Las Vegas

☆ Supreme Court’s abortion pill ruling puts new focus on conservative Trump judge in Texas
▼ + stars: | 2024-06-15 | by ( John Fritze | Tierney Sneed | ) edition.cnn.com time to read: +9 min

In the mifepristone case, Kacsmaryk’s initial ruling was notable not just for its sweeping nature but in how he embraced the anti-abortion movement’s sensational rhetoric about the procedure. The groups fighting mifepristone argue that the Supreme Court’s decision shouldn’t affect the states’ ability to sue. Both the FDA and several medical groups, including the American Medical Association, told the Supreme Court that mifepristone is safe. But the Supreme Court knocked that argument aside, noting that federal law already allows doctors to avoid performing procedures that violate their conscience. Adam Unikowsky, a veteran Supreme Court litigator who has closely followed the mifepristone case, predicted it will be hard for the states to get the issue back before the Supreme Court.

Persons: Matthew Kacsmaryk, Donald Trump, ”, Carrie Flaxman, Brett Kavanaugh, mifepristone, ” Kavanaugh, Roe, Wade, Kansas –, Andrew Bailey, Kacsmaryk, Joe Biden’s, Biden, it’s, ” Julia Kaye, Erin Hawley, “, –, Adam Unikowsky, litigator, Unikowsky, They’re, ” Jaime Santos, Goodwin, “ that’s, Kavanaugh, isn’t Organizations: CNN, Trump, mifepristone, Supreme, Food, Democracy Forward, and Drug Administration, Republican, Alliance for Hippocratic, Biden, ACLU, Defending, FDA, American Medical Association Locations: Texas, Amarillo, – Missouri, Idaho, Kansas, Missouri, Texas ’, Mexico, Missouri , Idaho

☆ Rough Seas Set Back U.S.-Made Gaza Pier Yet Again
▼ + stars: | 2024-06-14 | by ( Ephrat Livni | More About Ephrat Livni | ) www.nytimes.com time to read: +2 min

Only a week ago, the military said that the pier had been repaired and reattached to the Gaza shore after breaking apart in turbulence. The post added that the pier would be “rapidly re-anchored” off the coast of Gaza when the expected turbulence passed. This relocation is the latest blow to the U.S. effort to facilitate aid deliveries by sea to Gaza. The pier was damaged by rough seas in late May and had to be taken out of service. The World Food Program, a U.N. agency, did not immediately respond to a request for comment on Friday.

Persons: Biden, Sabrina Singh, Cindy McCain, “ I’m, Ms, McCain Organizations: U.S, U.S . Central Command, Pentagon, Food, CBS News Locations: Gaza, United States, Israel, U.S, Rafah

☆ Jim Cramer says it's time to take some profits in AI stocks
▼ + stars: | 2024-06-14 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

After a big week for stocks related to artificial intelligence, CNBC's Jim Cramer told investors it may be time to ring the register for many of these companies that have seen massive gains. "Remember, this remarkable, albeit limited, narrow, year — you don't want to spoil it by refusing to ring the register on every one of your stocks that may be AI." Cramer reviewed the significant surges in the AI sector this week, starting with Apple's record-breaking run after the company announced new AI programming that could boost iPhone sales. "We know we've been feeling a little greedy, and it's quite unbecoming — when you have big gains, you need to take something off the table," Cramer said. "I am still a true believer in Nvidia, but I don't want to be oblivious to the scale of this massive run."

Persons: CNBC's Jim Cramer, Cramer, avarice, Larry Williams Organizations: Oracle, Microsoft, Broadcom, Adobe, Nvidia, CNBC's

☆ Taylor Swift says ‘most wonderful’ Eras Tour will end in December
▼ + stars: | 2024-06-14 | by ( Amarachi Orie | ) edition.cnn.com time to read: +3 min

CNN —Taylor Swift knows that all good things must come to an end – and that includes her Eras Tour. In an emotional speech during the 100th show of her record-breaking tour on Thursday night, the megastar confirmed that her current musical voyage would come to an end this year. The Eras Tour, which began in Glendale, Arizona on March 18, has been extended several times since it was first announced. Just – so like, when I’m not on the stage, I’m dreaming about being back on the stage with you guys,” she continued. The Eras Tour has had a staggering impact on tourism, recently causing a spike in air travel across Europe.

Persons: CNN — Taylor Swift, “, ”, Swift, I’ve, ” Swift, I’m Organizations: CNN, United Airlines, British Geological Society, British, Barclays Locations: Liverpool, England, Glendale , Arizona, United States, South America, Asia, Australia, North America, Vancouver, Canada, Europe, United, Milan, Munich, Edinburgh, Scotland, United Kingdom

☆ Extreme heat is already ruining summer travel — and it's only going to get worse
▼ + stars: | 2024-06-14 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +1 min

Tourists are in for another summer of sweltering heat and extreme weather. Greek authorities closed the Acropolis this week amid scorching mid-day temperatures. Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. Record-breaking temperatures and extreme weather events around the globe in recent days portend the promise of another blistering summer, even as the post-pandemic surge in travel continues to climb. Greek authorities closed the Acropolis in Athens on Wednesday and Thursday during a sweltering mid-day heat wave.

Persons: — Organizations: Associated Press, Business Locations: Athens, Greece

☆ Fires in Brazil’s Pantanal wetland break June record
▼ + stars: | 2024-06-14 | by ( Aditi Sangal | Mia Alberti | ) edition.cnn.com time to read: +4 min

Brazil’s Pantanal, the largest tropical wetland on earth, is ablaze, with fires in June breaking historical records for that month. Brazil’s National Institute of Space Research (INPE) has detected 733 fires in the Pantanal biome so far this month, with the previous record for fires in Pantanal for June being 435 registered in 2005. A view of a burnt monkey amongst the burnt vegetation in the Pantanal, the world's largest wetland, in Corumba, Mato Grosso do Sul state, Brazil, June 11, 2024. This seasonal flooding makes the Pantanal a unique biome where large swaths of land regularly turn from terrestrial into aquatic habitats and back again. In 2020, the fires destroyed unique habitats and wrecked the livelihoods of many of the Pantanal’s diverse indigenous communities.

Persons: Brazil’s Pantanal, Cynthia Santos, Ueslei Marcelino, ”, Andre Luiz Siqueira, It’s, ECOA, –, Ivana Kottasová, Henrik Pettersson, Krystina Organizations: Reuters, Brazil’s National Institute of Space Research, National Meteorological Institute, Wildlife Foundation, WWF Brazil, Fund, Nature, World Wildlife Fund, CNN Locations: Pantanal, Mato Grosso, Sul, Brazil, Corumba, Wetlands, Canada, South America, Brazilian

☆ Opinion | The View From the Israeli Right
▼ + stars: | 2024-06-14 | by ( The Ezra Klein Show | ) www.nytimes.com time to read: +1 min

On Tuesday I got back from an eight-day trip to Israel and the West Bank. There is a coalition that Netanyahu leads stretching from right to far right and a coalition that Gantz leads stretching from center to right. So one thing I did in Israel was deepen my reporting on Israel’s right. Many consider him the most influential political analyst on the right and deeply rooted in the right. He has a book coming out in English called “The Story of Israeli Politics.”

Persons: “, Ezra Klein, Benny Gantz, Benjamin Netanyahu, Israel, Netanyahu, Gantz, Amit Segal’s, ” Organizations: Apple, Spotify, Amazon Music, YouTube, West Bank Locations: Israel

☆ I grew up in poverty, but I'm doing 3 things to build my wealth and fight inflation
▼ + stars: | 2024-06-14 | by ( Taryn Williams | ) www.businessinsider.com time to read: +4 min

To fight inflation, I'm earning more money with side hustles and diversifying my investments. Even though I'm making more money now, I'm not spending more money. As someone who grew up without financial stability, I've been motivated to create a safety net for myself. These accounts typically accrue far more interest than traditional savings accounts, helping savings keep pace with inflation. It's easier to stay ahead of inflation when I'm not buying more than I need and when I'm using resources like coupons to my advantage.

Persons: I'm, —, I've Organizations: Service Locations: South America

☆ Fatherhood is good for dads. Here’s why
▼ + stars: | 2024-06-14 | by ( Elissa Strauss | ) edition.cnn.com time to read: +9 min

CNN —Many arguments about why dads should do more parenting focus on why that would be good for their wives or partners and kids. Simon & SchusterBut with their kids, dads have a chance to explore all these sides and more, often away from the scrutiny of the public eye. Dads really are doing more careIt may not always feel like fathers are doing more parenting, but they are. One cross-national study found that dads spent an average of 16 minutes a day caring for their kids in 1965. Also, dads find parenting “extremely important to their identity,” and enjoyable and rewarding nearly identically as often moms do.

Persons: It’s, Elissa Strauss, Simon, Schuster, ” Matt Englar, Carlson, Eric Gardner, Gardner, ” Gardner, ” Stephanie Coontz, ”, Brad Harrington, Harrington, they’re, —, Caregiving, Brian Anderson, David Bullman, Bullman, I’m, “, ” Elissa Strauss Organizations: CNN, Center for Boys, California State University, Fullerton, US Army, Boston College Center for Work, American Psychological Association, Others Locations: Colorado Springs

☆ Caitlin Clark: WNBA star says people weaponizing her name is ‘disappointing’
▼ + stars: | 2024-06-14 | by ( Ben Church | ) edition.cnn.com time to read: +4 min

CNN —As she adjusts to life in the WNBA, rookie phenom Caitlin Clark is also having to navigate becoming a lightning rod for societal discourse. “It’s disappointing,” replied Clark ahead of the Indiana Fever’s home game against the Atlanta Dream. Her rivalry with fellow star Angel Reese, for example, has triggered discourse about race in the US. Clark has had a mixed start to her WNBA career so far, showing flashes of her brilliance but struggling initially with the physicality of the professional game. “Nobody’s apathetic about the WNBA because we’ve brought in so many new fans into what we call the fan funnel this year.”

Persons: Caitlin Clark, Clark, she’d, “ It’s, ”, “, Steph Chambers, Angel Reese, Reese, I’ll, ” Reese, ‘, ” Clark, don’t, DiJonai Carrington, ” Carrington, reignite, Cathy Engelbert, haven’t, ’ ’, Engelbert of Clark, “ We’re, Caitlin, Engelbert, Cameron Brink, we’ve Organizations: CNN, WNBA, Indiana Fever, Indiana Fever’s, Atlanta, Seattle Storm, NCAA, Sun, Twitter, Indiana, Chicago Sky, USA, Wednesday Locations: USA

☆ Trump got the perfect birthday present: complete capitulation by the GOP
▼ + stars: | 2024-06-14 | by ( Stephen Collinson | ) edition.cnn.com time to read: +9 min

CNN —Donald Trump got his 78th birthday present a day early — a handshake from his longtime bitter critic, Senate Minority Leader Mitch McConnell, encapsulating the Republican Party’s complete submission to its presumptive presidential nominee. They were provoked by the president.” He said Trump was morally and practically responsible for the assault on his beloved Capitol. “There’s tremendous unity in the Republican Party,” the ex-president said. Vance, was asked how some senior Republicans who had condemned Trump after January 6 could meet and applaud him now. “I think it’s a good thing and the Republican Party is in a good place.”Vance is not wrong.

Persons: Donald Trump, Mitch McConnell, encapsulating, Republican Party’s, Mike Pence, Keen, Florida GOP Sen, Marco Rubio, Trump, Texas Sen, Ted Cruz, McConnell, Doug Mills, Elaine Chao, ”, clasped McConnell’s, Nikki Haley, “, Evelyn Hockstein, Ohio Sen J.D, Vance, ” Vance, Utah Sen, Mitt Romney, Liz Cheney, Paul Ryan, Trump’s deportment, Biden, Joe Biden —, —, Donald Trump’s, It’s, Vladimir Putin, we’re, ” Biden, Volodymyr Zelensky, Putin, Joe Biden, Antonio Masiello, John Bolton, ” Bolton, Bianna Golodryga, Ronald Reagan, doesn’t Organizations: CNN, Republican, Capitol, Republicans, trouncing Democrats, Florida GOP, The New York Times, Kentucky, Trump, South Carolina Gov, Republican Party, National Republican Senatorial, Reuters, Former Wyoming, Fox News, Lawmakers, GOP, Domenico, Borgo, Former Trump, Zelensky, CNN International Locations: Florida, Texas, adulation, America, Washington, Utah, Italy, Ukraine, Fasano

☆ I'm a veteran who voted for Trump twice and then supported Nikki Haley. I'm seriously considering Biden over the 'autocrat.'
▼ + stars: | 2024-06-14 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +7 min

This as-told-to essay is based on a conversation with Roger, who is affiliated with the Haley Voters Working Group. The group is comprised of former primary supporters of UN Ambassador Nikki Haley who are supporting President Joe Biden in the general election or considering supporting the president. I'm an old-school Reagan fan, and Nikki Haley is a genuine Republican. Voters know that President Trump is the only person who will beat Joe Biden and take back the White House. President Trump will put America First instead of getting into more wars and more conflict like Biden has done."

Persons: Roger, Nikki Haley, Joe Biden, We've, Trump, Donald Trump, we've, Time, I've, I'm, Mike Pence, Mark Peterson, He's, MAGA, he's, Haley, Biden, Herika Martinez, Reagan, Steven Cheung, President Trump, Jack Smith's Organizations: Service, Haley, UN, Manhattan, Barnum, Republican, AFP, Getty, NATO, Voters, America, FBI Locations: York, United States, Rio Grande, New York City, Chicago, Detroit, Atlanta, Ukraine, Korea, South Carolina, North Korea, Russia, America, Mar

☆ The Nigerian fashion labels feeling forced to show in private
▼ + stars: | 2024-06-13 | by ( Bolaji Akinwande | ) edition.cnn.com time to read: +8 min

Lagos CNN —Since its inception in 2011, Lagos Fashion Week has been a twice-yearly highlight of the African fashion calendar, a multi-day showcase attracting the continent’s top design houses, big name sponsors, as well as an international audience. Lagos Fashion Week has been running since 2011. Why am I not surprised?” (The magazine said they approached Lagos Fashion Week at the time, who did not respond to their requests for comment.) Udiahgebi, a fashion brand known for its androgynous pieces, has successfully hosted private shows in this way. Lagos Fashion Week did not respond to CNN’s repeated requests for comment.

Persons: —, Gay, Timileyin, ”, Fola Francis —, Francis, “, Maxivive, Papa Oyeyemi, Weiz Dhurm Franklyn, Tosin, inclusivity, Dhurm Franklyn, Chiemerie Udiahgebi Ugwoke, …, Fola Francis, Aanuoluwa Ajide, Daniels, Kayode Organizations: Lagos CNN —, Lagos Fashion, Orange Culture, Lagos, Sunday, —, Queercity Media, Lagos Pride, CNN, Independent, Tzar, Tzar Studios, Maxivive, AP Aso, Brand Locations: Lagos, Nigeria, AP Aso Nigeria, Aso, Africa

☆ There's trouble brewing in the financial sector, according to the charts
▼ + stars: | 2024-06-13 | by ( David Keller | ) www.cnbc.com time to read: +3 min

The financial sector, along with other value-oriented sectors, is beginning to significantly underperform the major equity benchmarks over the last six weeks. We'll share a potential short candidate, close to breaking down through a key support level that could indicate much further downside to come. First, let's visualize the relative performance of the financial sector, along with three other value sectors that have all shown deterioration since April. In searching through the financial sector for an actionable chart to play potential downside, I discovered that Progressive Corp. (PGR) is showing all the signs of a bearish rotation. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: PGR, I'm, David Keller Organizations: Progressive Corp, Progressive, PGR, CMT

☆ Tyler Boebert finally has a lawyer in his theft case
▼ + stars: | 2024-06-13 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +3 min

Read previewLauren Boebert's teenage son, Tyler Boebert, has finally hired an attorney for his Colorado criminal theft case after months without any representation. Tyler Boebert had been without an attorney during his last two court appearances, first telling the judge that he was having trouble affording a lawyer. "I wish you'd turned in that application a little sooner," Neiley told Tyler Boebert at the time. But Tyler Boebert did not go with a public defender, after all. Police say Tyler Boebert was spotted in a Colorado store where a stolen credit card was used.

Persons: —, Lauren Boebert's, Tyler Boebert, William Trent Palmer, John Neiley, Neiley, you'd, Palmer, Tyler Boebert's, Boebert, Lauren Boebert, Donald Trump Organizations: Service, Business, Judicial, DA, WTP, Rifle Police Department Locations: Colorado, Garfield, Carbondale , Colorado, , Colorado, Rifle , Colorado, New York City

☆ Adobe shares soar 15% on better-than-expected results
▼ + stars: | 2024-06-13 | by ( Jordan Novet | ) www.cnbc.com time to read: +2 min

Analysts polled by LSEG were looking for $4.48 in adjusted earnings per share and $5.4 billion in revenue. Adobe bumped up its full-year view, calling for full-year adjusted earnings per share between $18.00 and $18.20 and revenue of $21.40 billion to $21.50 billion. The forecast in March was $17.60 to $18.00 in adjusted earnings per share, with $21.30 billion to $21.50 billion in revenue. In recent weeks software peers SentinelOne, UiPath, Veeva reduced their full-year revenue guidance citing economic weakness and corporate interest in artificial intelligence development. During the quarter, Adobe announced the availability of a service for fine-tuning the company's Firefly generative artificial intelligence models to deliver image content consistent with clients' brand guidelines.

Persons: Shantanu Narayen, Jim Cramer Adobe, LSEG, SentinelOne, Veeva Organizations: Adobe

☆ Housing costs are clouding an otherwise glowing economy
▼ + stars: | 2024-06-13 | by ( Allison Morrow | ) edition.cnn.com time to read: +5 min

Despite all the good news, there’s one giant, inescapable reason why people don’t feel like the economy is as good as it actually is. Shelter costs — which include rent and an estimated cost of homeownership — were up 5.4% from a year ago. There are some early signs that the housing market is becoming a bit less stuck. At the same time, the one-two punch of inflation and high borrowing costs have discouraged first-time buyers, reducing competition for houses. Of course, as Powell noted in his speech Wednesday, it may take “years” for housing inflation to normalize.

Persons: CNN Business ’, We’re, supercore, doesn’t, —, “, ”, Jay Parsons, Jerome Powell, It’s, Orphe Divounguy, Zillow, ” Divounguy, Powell, There’s, Douglas Duncan, Fannie Mae Organizations: CNN Business, New York CNN, “ Locations: New York, Madera, Texas

☆ Netflix co-founder says this weekly ritual keeps him successful: I’ve done it ‘for over 30 years’
▼ + stars: | 2024-06-13 | by ( Megan Sauer | ) www.cnbc.com time to read: +1 min

Netflix co-founder Marc Randolph's greatest source of pride isn't helping to launch the streaming giant. In the post, which Randolph also published on LinkedIn last year, he wrote that the boundary helped him put work in perspective. "The thing I'm most proud of in my life is not the companies I started," wrote Randolph, who currently sits on a variety of company boards, including Solo Brands. Randolph's family-prioritizing goal may have helped him succeed professionally, too: Setting boundaries between your work and personal life can prevent burnout, experts say. Even Randolph hasn't been immune to breaking his own rule, he wrote in a post on Substack in February.

Persons: Marc Randolph's, Randolph, Randolph hasn't Organizations: Netflix, LinkedIn, Solo Brands Locations: Substack

☆ Stellantis has achieved $9 billion in cost reductions from merger
▼ + stars: | 2024-06-13 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

Stellantis CEO Carlos Tavares speaks to media on June 13, 2024 following the company's investor day at its North American headquarters in Auburn Hills, Mich.AUBURN HILLS, Mich. – Stellantis has achieved 8.4 billion euros ($9 billion) in cost reductions from the merger of Fiat Chrysler and PSA Groupe that created the company in January 2021, CEO Carlos Tavares said Thursday. That amount is more than double initial expectations from when the merger was announced in 2019, and an increase from the updated 5 billion euros in expected reductions within five years of completion of the merger that formed one of the world's largest automakers. Cost-saving measures have included reshaping the company's supply chain and operations, as well as headcount reductions. Since the merger was agreed to in December 2019, Stellantis has reduced headcount by 15.5%, or roughly 47,500 employees, through 2023, according to public filings. Several Stellantis executives described the cuts to CNBC as difficult but effective.

Persons: Carlos Tavares, – Stellantis, Tavares, Stellantis Organizations: Fiat Chrysler, PSA Groupe, CNBC Locations: Auburn Hills, Mich, AUBURN HILLS, U.S, Italy

☆ CNBC's Inside India newsletter: IPO boom looks to break new records
▼ + stars: | 2024-06-13 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +5 min

The spotlight has seemingly shifted in the past year toward companies going to market, hoping to ride on the coattails of India's growth story. Growing foreign listingsThe allure of India's stock markets has trickled to companies beyond its shores — with foreign entities eyeing a share of its growth. Such listings add strength to India's markets, says M&G Investment's Asian Equities Portfolio Manager Vikas Pershad. The optimism on India's IPO boom is sometimes marred by concerns over elevated valuations of its stock market — and whether it is headed toward a bubble. "When we look at India, we see continued economic and earnings per share growth and higher levels of profitability," Dorson from Global X told CNBC's Inside India.

Persons: Swiggy, Debarchan Chatterjee, Neil Bahal, Dhruba Jyoti Sengupta, Ola, PhonePe, Ola Electric, Sengupta, Vikas Pershad, Malcolm Dorson, CNBC's Organizations: Getty, Reliance Industries, Adani Enterprises, Mankind Pharma, Negen, Securities, Exchange Board, Wrise Private, Aakash Educational Services, Aakash Educational, Walmart, United Arab, Hyundai, Insurance Corporation of India, Maruti Suzuki, Hindustan Unilever, Siemens, ABB India, Global Locations: Kolkata, India, SEBI, United Arab Emirates, Sri Lanka, Hyundai India, India's, Maruti Suzuki India, Hindustan

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