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☆ Downtown Los Angeles is bustling with new residents. Not so much with office workers, though.
▼ + stars: | 2024-05-05 | by ( John L. Dorman | ) www.businessinsider.com time to read: +1 min

Los Angeles' downtown has become a hot spot for residential growth in the city. Downtown LA is expected to be a major draw for residential living over the next few decades. AdvertisementFor generations, downtown Los Angeles was the region's nexus of commerce, as vast office spaces and old-line department stores made the neighborhood a business powerhouse. But urban decay and suburbanization, which accelerated after World War II, made downtown into more of a 9-to-5 office hub. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Service, Business Locations: Los Angeles, languish, Downtown

☆ Kylie Jenner set to launch ‘accessible’ new clothing line
▼ + stars: | 2023-10-26 | by ( Taylor Nicioli | ) edition.cnn.com time to read: +3 min

CNN —Moving beyond cosmetics, skincare and even a Bratz doll line, the youngest Kardashian-Jenner sibling, Kylie Jenner, is expanding her business portfolio with a new clothing line, named Khy, launching November 1. “The whole line is really inspired by my personal wardrobe, and the different moods that I’m in,” Jenner told WSJ. (The biker glam pieces that make up its first collection are in partnership with the Berlin-based fashion brand Namilia.) Courtesy Khy“Kylie’s obviously very aware of what she likes,” Haider Ackermann, the fashion designer behind Jenner’s 2023 Met Gala gown, told WSJ. She’s always been seduced by it.”“Creatively I have such a strong vision of what I want to look like and what I want to do and what I want to wear,” Jenner told WSJ.

Persons: Kardashian, Jenner, Kylie Jenner, it’s, Kendall, ”, Kim, Cass Bird, Khy, ” Jenner, Martin Scorcese, Ed Ruscha, Jerry Lorenzo, Rory Satran, Kylie —, Kris Jenner, Jens, Emma Grede —, Kim Kardashian’s Skims, Kardashian’s, Price, ” Haider Ackermann, Jenner’s, she’s, She’s, “ Organizations: CNN, Givenchy Locations: Paris, Berlin

☆ Zelensky huddled with Wall Street CEOs and business leaders Wednesday night to discuss rebuilding Ukraine
▼ + stars: | 2023-09-20 | by ( Matt Egan | ) edition.cnn.com time to read: +2 min

CNN —Ukrainian President Volodymyr Zelensky met Wednesday evening in Manhattan with Wall Street CEOs and business power players to discuss efforts to rebuild his war-torn country and its economy, a person familiar with the matter tells CNN. Ukrainian President Volodymyr Zelensky met Wednesday evening with Wall Street CEOs and business power players to discuss efforts to rebuild his war-torn country and its economy, a person familiar with the matter told CNN. Zelensky is scheduled to visit the White House on Thursday for a meeting with US President Joe Biden. The meeting on Thursday evening was hosted by Mary Callahan Erdoes, CEO of JPMorgan Asset & Wealth Management, Workplace CEO Vince LaPadula and JPMorgan alternative investments boss Anton Pil. JPMorgan CEO Jamie Dimon was not present at the meeting as he was traveling, the source said.

Persons: Volodymyr Zelensky, JPMorgan Chase, Eric Schmidt, Mike Bloomberg, Robert Kraft, Bill Ackman, Henry Kissinger, Barry Sternlicht, Joe Biden, it’s, Mary Callahan Erdoes, Vince LaPadula, Anton Pil, Jamie Dimon Organizations: CNN, Wall Street, JPMorgan, New England Patriots, White, Fox Business, JPMorgan Asset, Wealth Management Locations: Manhattan, midtown Manhattan, Ukraine, Kyiv

☆ Kim Kardashian’s $3.2 billion Skims brand started in her bathtub: I’d dye my own shapewear ‘with tea bags and coffee’
▼ + stars: | 2023-07-01 | by ( Megan Sauer | ) www.cnbc.com time to read: 1 min

Kim Kardashian has spent her career on camera and red carpets, but the origins of her shapewear company Skims are far less glamorous. For years, the reality star hunted for undergarments to match her skin tone, but most brands only sold products in one or two shades. She'd spend the moments before high-profile events scrambling, trying to dye her own clothing darker with home remedies. "I used to take my shapewear and dye it with tea bags and coffee in the bathtub," Kardashian, 42, told Time magazine in a recent interview. The company built a brand around inclusivity: It sells bras, underwear, dresses and more in 10 skin tones and a broad variety of sizes.

Persons: Kim Kardashian, Kardashian, Jens, Emma Grede

☆ See photos of tech's elite all dressed up at the White House
▼ + stars: | 2023-06-23 | by ( Grace Mayer | Hasan Chowdhury | ) www.businessinsider.com time to read: +2 min

Some of the tech and business industries' top CEOs attended a White House dinner Thursday. Take a look at the CEOs and industry giants who made the guest list and dressed up in their finest. The White House invited leaders from across the tech and business industries for a dinner held for Prime Minister of India Narendra Modi's visit to Washington. The visit has been a crucial one for Biden, as the White House looks to build closer ties with India. Here's a look at the CEOs and industry giants who made the guest list and dressed up in their finest.

Persons: OpenAI, India Narendra Modi's, Biden, Mark Zuckerberg, Elon Musk, Tesla, Dana White, James Murdoch, Rupert Murdoch's, Jane Fraser, Adena Friedman, Deven Parekh, Hemant Taneja, Catalyst, Ralph Lauren, M, David Calhoun, Larry Culp, Doug McMillon Organizations: White, Apple, Google, Morning, Microsoft, White House, Meta, Twitter, UFC, Citigroup, Nasdaq, Insight Partners, Boeing, Electric, Walmart Locations: Washington, India, China, Taiwan

Golf becomes a geopolitical trophyThe shock news that the PGA Tour plans to join forces with LIV Golf, the upstart circuit that it has spent the past year feuding with, rattled the normally staid world of golf. Saudi Arabia, LIV’s backer, now stands to hold enormous sway over golf, as it invests billions to extend its presence throughout pro sports — and beyond. It’s an additional sign of how the kingdom is seeking to assert its role as a growing geopolitical and global business power. Covert jet-setting talks led to the golf deal. Those on the Saudi side included the banker Michael Klein, a longtime adviser to the kingdom.

Persons: LIV Golf, LIV, Jay Monahan, Ed Herlihy, Wachtell, Jimmy Dunne, Piper Sandler, Michael Klein Organizations: PGA Tour, PGA, Allen & Company Locations: Saudi Arabia, what’s, Saudi

☆ Crypto Giant Binance Expects to Pay Penalties to Resolve U.S. Investigations
▼ + stars: | 2023-02-16 | by ( Dave Michaels | ) www.wsj.com time to read: 1 min

Binance, the world’s largest cryptocurrency exchange, expects to pay monetary penalties to settle existing U.S. regulatory and law-enforcement investigations of its business, the firm’s chief strategy officer said in an interview. Binance grew quickly and began as a business powered by software engineers unfamiliar with laws and rules written to address the risk of bribery and corruption, money laundering, and economic sanctions, Patrick Hillmann said. The company has been working to fill gaps in its early compliance efforts, he said, but still expects regulators will impose fines for past conduct.

☆ How to pitch yourself for a promotion before you even ask your boss: Track your achievements, align allies, and say the right phrases in meetings
▼ + stars: | 2023-02-10 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +6 min

Career coaches shared what you can do to get a raise or promotion before asking for one. Research what sort of salary raise a promotion could meanIf your employer offers you a promotion without a salary raise, it's not a promotion, O'Keeffe said. DeMase suggested asking colleagues who have a role similar to the one you want how much they're being paid. A good strategy for negotiations is to start by asking for a higher salary than what you expect to receive, DeMase said. O'Keeffe suggested timing your approach to ask for a promotion just after you've achieved something concrete for the business, such as landing new clients.

☆ Volkswagen keeping IPO option open for charging, energy business - division chief
▼ + stars: | 2023-01-23 | by ( Jan Schwartz | ) www.reuters.com time to read: +2 min

HAMBURG, Jan 23 (Reuters) - Volkswagen's (VOWG_p.DE) energy and charging division is keeping all options open for the long-term structure of the business, including a possible listing, the division's chief Elke Temme said in an interview with Reuters. "It won't take five more years," Temme predicted, adding that Volkswagen's electric vehicles on the MEB platform were equipped for the feature. "Cars will become part of the energy system," Temme said on Monday. "The energy industry and the car market are becoming more woven together." Reporting by Jan Schwartz, Writing by Victoria Waldersee, Editing by Rachel More, Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.

☆ Creator economy experts say 2023 will be a buyer's market for M&A. Here are 5 themes to watch, from tech buyers like Shopify to startup consolidation
▼ + stars: | 2022-12-30 | by ( Marta Biino | Sydney Bradley | ) www.businessinsider.com time to read: +12 min

"As a result, institutional acquirers, like PE firms who still have dry powder to spend, will start snatching up mid-to-large sized creator startups at much more advantageous prices." Insider spoke with creator-economy and market experts about what deals and the broader M&A landscape in 2023 may look like. "They're going to see that the creator economy exists as a direct failure of them to support creators," Gestetner said. "But if an opportunity arises for us to significantly enhance our capabilities to make us a better business powering the creator economy, we'll consider it." Startups can expect consolidation in saturated marketsThe crowded niches within the creator economy startup sphere could also face a wave of consolidation.

☆ It's just the beginning of M&A in the creator economy. Industry experts predict 2023's top trends, and the buyers and sellers to watch.
▼ + stars: | 2022-12-19 | by ( Marta Biino | Sydney Bradley | ) www.businessinsider.com time to read: +12 min

"As a result, institutional acquirers, like PE firms who still have dry powder to spend, will start snatching up mid-to-large sized creator startups at much more advantageous prices." "They're going to see that the creator economy exists as a direct failure of them to support creators," Gestetner said. "But if an opportunity arises for us to significantly enhance our capabilities to make us a better business powering the creator economy, we'll consider it." Startups can expect consolidation in saturated marketsThe crowded niches within the creator economy startup sphere could also face a wave of consolidation. In the creator economy, companies bet on the fact that YouTube advertising revenue on the videos will increase as the audiences of creators grow and they gain more views.

☆ Porsche IPO Blazes Trail for Other Auto Makers
▼ + stars: | 2022-09-29 | by ( Stephen Wilmot | ) www.wsj.com time to read: 1 min

Investors don’t always hate traditional car makers, it turns out. From Germany to Detroit, the whole auto industry needs to learn from the success of Porsche’s initial public offering. Shares in the sports car brand rose less than 1% on their first trading day Thursday, giving it a market value of about €75 billion, equivalent to roughly $73.5 billion. Parent company Volkswagen and its advisers were trying to pull off a balancing act with the IPO price. Price it too low and they would confirm investors’ worst fears that VW is incurably in thrall to its controlling shareholder, the Porsche and Piëch family investment vehicle, which got half of the Porsche shares VW just sold.

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