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☆ Dow closes above 40,000 points for first time in history
▼ + stars: | 2024-05-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDow closes above 40,000 points for first time in historyDeepak Puri, Deutsche Bank CIO of Americas, and Scott Chronert, Citi Research head of U.S. equity strategy, join 'Closing Bell Overtime' to talk the Dow's record day.

Persons: Dow, Deepak Puri, Scott Chronert Organizations: Deutsche Bank CIO, Americas, Citi Research

☆ Indian bonds are set to be added to global indexes. Here's why it could be a gamechanger
▼ + stars: | 2024-03-26 | by ( Shreyashi Sanyal | ) www.cnbc.com time to read: +1 min

An undated editorial illustration of the Indian rupee and the Indian flag. The decision to include Indian government bonds in two prominent global indexes recently is being viewed as a shot in the arm for the rapidly growing country and is expected to bring in billions of inflows. India's bonds will be added to the JPMorgan Government Bond Index-Emerging Markets (GBI-EM) in June, the Wall Street lender announced in September. The JPMorgan inclusion is reportedly India's first ever inclusion in a global bond index. JPMorgan has said the inclusion of Indian bonds will be staggered over 10 months, starting from a 1% in June to a maximum 10% weightage in its index in April next year.

Persons: Deepak Agrawal, Agrawal, Goldman Sachs Organizations: JPMorgan Government Bond, Bloomberg, Services, Emerging, Local, Kotak Mutual Fund, CNBC, JPMorgan

☆ Former EY partner shares how he climbed the corporate ladder to walk away from it all and become a math teacher
▼ + stars: | 2024-03-14 | by ( Marylou Costa | ) www.businessinsider.com time to read: +6 min

I made my way up from a senior consultant to manager and then a director," Swaroop told Business Insider. Swaroop, alongside many of his fellow Arthur Andersen & Co employees, moved to EY after it absorbed some of the Arthur Andersen & Co operations. 'I was at the right place at the right time'At EY, Swaroop shone. Swaroop told BI he read about Lucy Kellaway, the Financial Times editor who left journalism to become a trainee teacher. AdvertisementThree years on, Swaroop told BI he feels energized and inspired in his new career — even if he now earns a fraction of what he used to.

Persons: —, Deepak Swaroop, Swaroop, Arthur Andersen, India Swaroop, EY, Lucy Kellaway, Kellaway, wouldn't Organizations: Service, Harvard, MIT, Business, Arthur Andersen & Co, Arthur Andersen &, Enron, Automation, Financial Times Locations: EY, London, India, Delhi, Mumbai, Europe, East, Africa

☆ 5 doctors and nutritionists share the foods they eat every day for brain health, longevity and overall wellness
▼ + stars: | 2024-03-05 | by ( Renée Onque | ) www.cnbc.com time to read: +4 min

Here are five types of foods that doctors and nutritionists eat every day for stellar brain health, heart health, longevity and overall wellness. Blueberries, in particular, are what longevity researcher, Neil Paulvin, refers to as the "holy grail" of longevity foods. They're also great for eye health, muscle recovery, brain health and strengthening your cells, he adds. All berries get their color from flavonoids which are a group of phytonutrients that have been linked to improvements in brain health and a reduction in cognitive decline. They're high in protein, fiber, antioxidants and minerals like magnesium and iron, Heller told CNBC Make It in 2022.

Persons: We've, Deepak Chopra, Neil Paulvin, Paulvin, They're, Mary Ellen Phipps, Uma Naidoo, Dr, Elizabeth Klodas, Samantha Heller, Heller, Lisa Genova, Naidoo Organizations: Harvard, CNBC Locations: Sunflower

☆ Boneless wings aren't wings at all, they're just 'oversized nuggets' — but restaurants love them because they're cheaper and easier to produce
▼ + stars: | 2024-03-03 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

But International Wing Factory in New York City doesn't describe them as boneless wings, preferring to simply call them boneless chicken. "I always wrote 'boneless' on my menu because being a chef, I know there is nothing called boneless wings," owner Deepak Ballaney told Business Insider. Sweet-potato fries, boneless wings, and bone-in wings from Wingstop. So-called boneless wings can also be easier to process because you don't have to deconstruct the bird as much, Tower said. AdvertisementOne Wingstop restaurant in Rochester Hills, Michigan charges $12.49 for 10 classic wings and $10.29 for the same number of boneless wings.

Persons: —, Deepak Ballaney, Ballaney, Grace Dean, Jon Tower, you've, Nick White, White, it's Organizations: Service, Factory, Business, Citi, Orange, Orange Buffalo, Buffalo Wild Wings Locations: New York City, Wingstop, Rochester Hills , Michigan, Orange Buffalo, London

☆ The deep Biblical spirituality of Bob Marley’s music is being overlooked
▼ + stars: | 2024-03-03 | by ( John Blake | ) edition.cnn.com time to read: +15 min

They hiked, jet-skied and spent much of the time listening to Scott’s favorite musician, reggae superstar Bob Marley. He found refuge, though, in Marley’s music. “But Bob Marley’s music is what got us through. These Marley fans and scholars say it’s time to stop glossing over or editing out Marley’s “subversive spirituality.”“The Bible was as important to Marley’s music as his guitar,” MacNeil says. Actor Kingsley Ben-Adir, who plays Marley in "Bob Marley: One Love," attends the movie's premiere on January 23, 2024, in Kingston, Jamaica.

Persons: CNN — Dean MacNeil couldn’t, “, MacNeil, Scott, Bob Marley, ”, Marley, ” MacNeil, Bob Marley’s, Rita Marley, Kingsley Ben, Adir, Marcus Ingram, Matthew, Jesus, Luke, Vivien Goldman, Bob Dylan, Johnny Cash, Jimi Hendrix, Goldman, King James Bible, Judah, Haile Selassie I, Selassie, “ Jah, it’s, “ He’s, ” Rastafarians, Collin Reid, Adam Hochschild, ” Hochschild, Deepak Sarma, ” Marley, Marcus Garvey, Marley’s, didn’t, White, ” Marley didn’t, Jamaicia, Angela Weiss, Gibson Les Paul, John Lennon, John Blake Organizations: CNN, Time, BBC, Getty, Case Western Reserve University, National, Forbes Locations: Connecticut, Vermont, Jamaica, Kingston , Jamaica, America, Jerusalem, British, Ethiopia, “ Bury, United Kingdom, Jamacia, Ohio, ganja, Jamaican, Africa, Miami, Trench, Hollywood, Kingston

☆ Opinion: ‘Self Reliance’ takes on American individualism at its most absurd
▼ + stars: | 2024-01-12 | by ( Opinion Noah Berlatsky | ) edition.cnn.com time to read: +9 min

CNN —Hollywood films of diverse genres have one point in common — they’re all about the most important person in the universe. That most important person could be an amnesiac assassin fighting a mysterious government conspiracy, or some guy (or girl) seeking true love. They are the main character; everyone else is secondary. The goal of life is success and self-actualization as the main character of your own dream. He’s the most important person in a whole range of familiar narratives, all crammed haphazardly into a 90-minute run time.

Persons: Noah Berlatsky, Noah Berlatsky Noah Berlatsky, Tony Robbins, Deepak Chopra, Tim Ferriss, Marianne Williamson, Jake Johnson’s, you’d, Tommy Walcott, Johnson, Natalie Morales, Andy Samberg, John Wick, baddies, Tommy, isn’t, Maddy, Anna Kendrick, —, he’s, squinty, “, ”, Ralph Waldo Emerson, Tommy isn’t, what’s, Barbie ”, “ Oppenheimer, we’d, you’ve Organizations: CNN, Hollywood, Truman Locations: Chicago

☆ Amazon announces Q, an AI chatbot for businesses
▼ + stars: | 2023-11-28 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Amazon on Tuesday announced a new chatbot called Q for people to use at work. The Copilot for Microsoft 365 and Duet AI for Google Workspace for business workers both cost $30 per person per month. As a result, with Q, people can discuss information that's stored in Microsoft 365, Dropbox, Salesforce and Zendesk, along with AWS' S3 data-storage service. Administrators will be able to determine whether Q can answer people's questions about general topics, said Deepak Singh, an AWS vice president. WATCH: The market now sees Amazon as more of a cloud and generative AI company, says Needham's Laura Martin

Persons: James Bond, Salesforce's Slack, Adam Selipsky, Selipsky, Steven Dickens, Q, Deepak Singh, Needham's Laura Martin Organizations: Amazon Web Services, Microsoft, Google, Star Trek, Futurum, AWS Locations: Las Vegas

☆ Indian rescuers say very close to reaching 41 men trapped in tunnel
▼ + stars: | 2023-11-28 | by ( Saurabh Sharma | ) www.reuters.com time to read: +2 min

Rescue operations continue as evening approaches, where workers got trapped in a tunnel construction collapse in Uttarkashi, northern state of Uttarakhand, India, November 27, 2023. The men, low-wage workers from India's poorest states, have been stuck in the 4.5 km (3 miles) tunnel in Uttarakhand state since it collapsed on Nov. 12. "Sure, 100%," he said when asked if the men could be reached on Tuesday. Rescuers on Monday brought in the "rat miners", experts at a primitive, hazardous and controversial method used mostly to get at coal deposits through narrow passages. Authorities have not said what caused the cave-in but the region is prone to landslides, earthquakes and floods.

Persons: Francis Mascarenhas, Deepak Patil, Narendra Modi's Organizations: REUTERS, Authorities, YP Rajesh, Thomson Locations: Uttarkashi, Uttarakhand, India

☆ Indian rescuers, two weeks after tunnel collapse, try new tack to reach 41 workers
▼ + stars: | 2023-11-26 | by ( Saurabh Sharma | ) www.reuters.com time to read: +2 min

[1/5] Heavy machinery is used amid rescue operations after workers got trapped in a collapse of an under-construction tunnel, in Uttarkashi, in the northern state of Uttarakhand, India, November 26, 2023. REUTERS/Francis Mascarenhas Acquire Licensing RightsSILKYARA, India, Nov 26 (Reuters) - Indian rescuers began drilling vertically on Sunday from the top of a mountain under which 41 workers became trapped two weeks ago while working on a highway tunnel in the Himalayas, government officials said. The men, construction workers from some of India's poorest states, have been stuck in the 4.5-km (3-mile) tunnel being built in Uttarakhand state since it caved in early on Nov. 12. But rescuing them will take much longer than previously hoped as rescuers have switched to manual drilling following damage to the drilling machine, officials said on Saturday. Initially, the rescue plan involved pushing a pipe wide enough to pull the trapped men out on wheeled stretchers.

Persons: Francis Mascarenhas, Deepak Patil, Priyanka Chaturvedi, Mayank Bhardwaj, Nick Macfie Organizations: REUTERS, Authorities, Rescuers, Reuters, Sunday, Thomson Locations: Uttarkashi, Uttarakhand, India

☆ Drilling snag delays rescue of 41 men stuck in Indian tunnel
▼ + stars: | 2023-11-24 | by ( Saurabh Sharma | ) www.reuters.com time to read: +2 min

Hindu priests pray at a makeshift shrine outside the entrance of a tunnel where workers are trapped after the tunnel collapsed in Uttarkashi, in the northern state of Uttarakhand, India, November 23, 2023. The men, low-wage construction workers, have been confined in the 4.5-km (3-mile) tunnel in Uttarakhand state since it caved in early on Nov. 12. Attempts to pull them out by drilling through the debris of rock, stones and metal and pushing through an evacuation pipe have been slowed by snags. The collapsed tunnel is on the Char Dham pilgrimage route, one of the most ambitious projects of Prime Minister Narendra Modi's government. It aims to link four key Hindu pilgrimage sites with 890 km (550 miles) of two-lane road, at a cost of $1.5 billion.

Persons: Shankar Prasad Nautiyal, Rescuers, Deepak Patil, Narendra Modi's, YP Rajesh, Lincoln Organizations: REUTERS, Authorities, snags, Reuters, National Highways Authority, YP, Thomson Locations: Uttarkashi, Uttarakhand, India

☆ Indian rescuers drill halfway towards workers trapped in tunnel
▼ + stars: | 2023-11-22 | by ( Saurabh Sharma | ) www.reuters.com time to read: +1 min

Heavy machinery moves outside a tunnel where 40 road workers are trapped after a portion of the tunnel collapsed in Uttarkashi in the northern state of Uttarakhand, India, November 16, 2023. REUTERS/Shankar Prasad Nautiyal/File photo Acquire Licensing RightsSILKYARA, India, Nov 22 (Reuters) - Rescuers have drilled about halfway through fallen debris to reach 41 workers trapped for ten days inside a collapsed tunnel in the Indian Himalayas, an official said on Wednesday. First images emerged on Tuesday from within the tunnel, showing workers in white and yellow hardhats standing in the confined space and communicating with rescuers, after a medical endoscopy camera was pushed through a smaller pipeline. Authorities have not said what caused the tunnel collapse, but the region is prone to landslides, earthquakes and floods. Reporting by Saurabh Sharma in Silkyara; Writing by Shivam Patel; Editing by Clarence FernandezOur Standards: The Thomson Reuters Trust Principles.

Persons: Shankar Prasad, Deepak Patil, Saurabh Sharma, Shivam Patel, Clarence Fernandez Organizations: REUTERS, Authorities, Thomson Locations: Uttarkashi, Uttarakhand, India

☆ How an Indian startup hacked the world
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +41 min

The Indian company hacked on an industrial scale, stealing data from political leaders, international executives, prominent attorneys and more. Run by a pair of brothers, Rajat and Anuj Khare, the company began as a small Indian educational startup. The Indian company hacked on an industrial scale, stealing data from political leaders, international executives, sports figures and more. Back in 2012, Kristi Rogers was an executive at Aegis, a London-based security company. Canadian security company GardaWorld, which acquired Aegis in 2015, said it had no information on the incident.

Persons: Chuck Randall, Randall, “, ” Randall, ”, Randall’s inbox, Appin, Rajat, Anuj Khare, Rajat Khare’s, Clare Locke, Khare “, Khare, ” Clare Locke, Ted Kaczynski, Anuj, who’ve, SentinelOne, Tom Hegel, Appin “, Hegel, Mandiant, ” Hegel, Shane Huntley, ” Huntley, Google’s Huntley, ‘, Jochi Gómez, Gómez, Halevi, Tamir Mor, Russian oligarch Boris Berezovsky, Mohamed Azmin Ali, ” Mor, Berezovsky, Azmin, Mor, Roman Abramovich, Mark Hastings, Hastings, didn’t, Jim H, ” Jim H, Jim H’s, Kristi Rogers, Mike Rogers, he’s, Global’s, sully, Rogers, Damian Perl, – “, Steven Santarpia, ” Santarpia, Santarpia, Leonel Fernández, ” Fernández, Rajat Khare, “ Let’s, Ministry of Home Affairs didn’t, Peter Hargitay, Stevie, Billing, ” Stevie, ’, ” Peter Hargitay, Mookhey, Norman Shark, Jonathan Camp, Shark, Camp, Norman, Dominican Republic –, Dan Brady, Sandra Schweingruber, ” Schweingruber, Schweingruber, Brady, ” Gómez, –, ” –, Anna Carter, Mark Califano, ” Rajat Khare’s, India’s, Educomp, Karen Hunter, Hunter, Bryan, Rajat’s, Vijay Kumar, Deepak Kumar, Kumar, ACSG, Jay Solomon, Solomon, ” Rebsec’s, Vishavdeep Singh, Rebsec, CyberRoot, Sumit Gupta, Gupta, Raphael Satter, Zeba Siddiqui, Christopher Bing, Ryan McNeill, Corinne Perkins, John Emerson, Marla Dickerson Organizations: Reuters, Google, Harvard University, U.S, Symantec, Appin, Caribbean, El, Israeli Defense Forces, Commando, Quillon Law, U.S . House Intelligence, The Michigan Republican, U.S . Senate, Aegis, Global Security, Security, Rogers, Army Corps of Engineers, Rotary, Aegis ’, Global, ” Reuters, Britain’s, Appin Software Security, Ltd, Appin Security, –, Research, Analysis, Intelligence Bureau, Indian, India’s Ministry of Home Affairs, India’s Ministry of Defense, of Home Affairs, Central Bureau of Investigation, CBI, Federal Bureau of Investigation, Ministry of Home Affairs, Telenor, Broadcom, FBI, Dominican, Criminal Investigation Service, Appin Security Group, CERT, country’s, Bureau of Investigation, Educomp, State Bank of India, State Bank, The National Security Agency, NSA, U.S ., Swiss, Appin Technology, India’s Ministry, Corporate Affairs, Control Security Global, Technology, Kumar, Facebook, Meta, BellTroX, Services, Street, New, Rebsec, BellTroX’s, Hire Locations: Long, New Delhi, India, Yorker, Paris, Swiss, cybersecurity, Appin, Dominican, California, “, Dominican Republic, El Siglo, United States, Britain, Switzerland, New York, French, New Jersey, Israel, Russian, Malaysian, London, Rwandan, Virginia, Canadian, Chuck@shinnecock.org, Texas, Indian, India’s Punjab, Pakistan, Zurich, Australia, Norway, Oslo, Brady, Former, ”, U.S, Islip, Shinnecock, Washington, cyberespionage

☆ An Amazon team is racing to launch new AI products similar to those from Microsoft GitHub, leaked email shows
▼ + stars: | 2023-11-15 | by ( Eugene Kim | ) www.businessinsider.com time to read: +3 min

An Amazon cloud VP sent a motivational email to his team last week after GitHub, the developer code-sharing site owned by Microsoft, held an artificial intelligence event and released a bunch of new products. In it, he noted the products announced at the GitHub Universe developer conference were similar to what his team is currently working on. One of the big products announced at GitHub Universe was the general availability of its Copilot Chat, a chatbot that helps answer developer questions and identify bugs. AWS, meanwhile, has announced products like Bedrock, a service that makes foundation models more easily accessible, and CodeWhisperer, a coding assistant app. The new chatbot for AWS developers is one example of that strategy, as it's intended to guide developers towards more AWS services when they are building AI products, the person familiar with the project told BI.

Persons: GitHub, Deepak Singh, Singh, They've, Google's Bard, it's Organizations: Microsoft, Business, Amazon, Services, GitHub, BI, AWS

☆ Major Study Confirms Salt's Deadly Effect on Blood Pressure
▼ + stars: | 2023-11-13 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +4 min

Investigators said theirs is one of the largest studies ever to include people taking high blood pressure meds in a look at the effect of reducing dietary intake of sodium. She said researchers previously didn't know if people already on blood pressure meds could lower their blood pressure even more by reducing their sodium intake. High blood pressure is a leading cause of illness and death worldwide. Before each study visit, participants wore blood pressure monitors and collected their urine for 24 hours. "The effect of reduction in dietary sodium on blood pressure-lowering was consistent across nearly all individuals, including those with normal blood pressure, high blood pressure, treated blood pressure and untreated blood pressure," Gupta said in a Northwestern news release.

Persons: Carole Tanzer Miller, ”, Norrina Allen, Deepak Gupta, Allen, Gupta, Dr, Cora Lewis, Johns Organizations: Northwestern University Feinberg School of Medicine, Vanderbilt University Medical Center, University of Alabama, American Medical Association, American Heart Association, Johns Hopkins Medicine, Northwestern University Locations: Chicago, Nashville, Tenn, Northwestern, Birmingham, Philadelphia

☆ Smoky skies in Indian capital on Diwali as revellers defy firecracker ban
▼ + stars: | 2023-11-12 | by ( Neha Arora | ) www.reuters.com time to read: +2 min

Smoke plumes were visible across the sky as revellers let off firecrackers in the evening to mark the country's biggest festival. Every year government authorities or India's Supreme Court impose bans on firecrackers - but only rarely do those bans appear to be enforced. Globally, air pollution was the worst in India's eastern city of Kolkata, while Delhi was the fifth-most polluted, according to Swiss group IQAir. Doctors say the air quality is likely to worsen on Monday as smoke from firecrackers lingers in the air, potentially causing itchy eyes and irritation in the throat. Some Hindus resent the Diwali firecracker bans, which they see as an attempt to interfere with them observing their religious festivals.

Persons: Health Organization's, Deepak, Dr, Ram Manohar, Gopal Rai, Neha Arora, Hugh Lawson Organizations: Health, Ram Manohar Lohia, Delhi's, Thomson Locations: DELHI, New Delhi, Kolkata, Delhi, Swiss

☆ WeWork has a massive footprint in London. Its bankruptcy could shake up the city's office market
▼ + stars: | 2023-11-07 | by ( Ryan Browne | ) www.cnbc.com time to read: +3 min

TikTok's London office is based out of a WeWork building in Holborn called Aviation House. WeWorkWeWork , the U.S. office rental startup, filed for Chapter 11 bankruptcy, threatening office closures across the U.S. where it has become a major destination for tech firms. The company's restructuring may also have implications for its London operations, where it is one of the biggest tenants. According to CoStar, the commercial real estate data company, the company has 36 offices in London, spanning more than 2.89 million square feet. "We've actually got an agreement with them for another seven months," Tailor, who is based in London, told CNBC.

Persons: WeWork WeWork, WeWork, Deepak Tailor, We've Organizations: Aviation, WeWork, CNBC, Lease Locations: London, Holborn, U.S, Canada, Waterloo, WeWork

☆ Joran van der Sloot confessed to killing Natalee Holloway. Why he likely won't be charged with her murder
▼ + stars: | 2023-10-19 | by ( Emma Tucker | ) edition.cnn.com time to read: +7 min

Joran van der Sloot is no longer the suspect in my daughter’s murder. The office told the Associated Press it was not immediately clear whether van der Sloot could face murder charges there. Joran van der Sloot (center) is transferred in a police car from the Ancon I jail in Lima, Peru, on June 8. She was last seen leaving a nightclub with van der Sloot and two other men. In court on Wednesday, Manasco said she considered van der Sloot’s “brutal murder of Natalee Holloway” in her decision to accept the plea agreement.

Persons: Joran van, Sloot, Natalee, Holloway’s, “, ” Beth Holloway, van der, ”, Ann Angela, van der Sloot, Ben Grunwald, he’s, Stephany Flores, it’s, ” Grunwald, ” Van der Sloot, Joran van der, Ernesto Benavides, der Sloot, Holloway, Deepak, Satish Kalpoe, Holloway kneed, Anna Manasco, Flores, van, Manasco, Natalee Holloway, der, Hermann Walz, Walz, Natalee Holloway ”, “ It’s, ” Walz, ‘ Organizations: CNN, Aruba –, Alabama, Associated Press, Duke University School of Law, Getty, Local, Prosecutors, John Jay College of Criminal Locations: Aruba, Dutch, Caribbean, Peru, Peruvian, Grunwald, Lima , Peru, AFP, Alabama, van der, New York

Dutch citizen Joran van der Sloot is also accused of extorting and defrauding the teen’s mother. But Kelly confirmed to CNN that van der Sloot intends to plead guilty in connection to the case. The 18-year-old was last seen leaving a nightclub with van der Sloot and two other men, brothers Deepak and Satish Kalpoe. They were rearrested and charged in 2007 for “involvement in the voluntary manslaughter of Natalee Holloway or causing serious bodily harm to Natalee Holloway, resulting in her death,” Aruban prosecutors said at the time. Van der Sloot confessed to killing Flores and was sentenced to 28 years in a Peruvian prison.

Persons: Natalee Holloway, Joran van, Sloot, Holloway, John Q, Kelly, It’s, van der Sloot, NBC’s, ” Kelly, Beth Holloway, Natalee’s, der Sloot, Deepak, Satish Kalpoe, ”, van der, van, Stephany Flores, Van der Sloot, Flores Organizations: CNN, Alabama, “, FBI, US Justice Department, US Locations: Aruba, Natalee’s, Caribbean, Alabama, Peru

☆ This internet stock nearly cut in half this year is ready for a big comeback, Wolfe Research says
▼ + stars: | 2023-09-14 | by ( John Melloy | ) www.cnbc.com time to read: +1 min

Wolfe Research upgraded shares of Etsy , saying the one-time pandemic darling down nearly 50% this year is ready for a sizeable comeback. The firm raised its rating on Etsy to outperform from peer perform and set a $100 price target, representing more than 54% upside over the next 12 months. ETSY 5Y mountain Etsy - 5 years Etsy shares are down 46% so far in 2023 and about 80% from their pandemic high as inflation crimped consumers' wallets and investors dumped growth stocks in the wake of higher interest rates. Wolfe gave three reasons why the stock could rebound: a recovery in consumer spending with the improving economy, margin improvement potential and a better focus on its core franchise. "Our scenario analysis suggests that there are several paths for ETSY to reach over $850m in EBITDA in FY24," the note stated.

Persons: Wolfe, Deepak Mathivanan Organizations: Wolfe Research Locations: EBITDA

☆ Byju's business head resigns amid reorganisation at Indian startup
▼ + stars: | 2023-08-29 | by ( ) www.reuters.com time to read: +2 min

A man walks past an advertising hoarding of Byju's, an Education Technology company and one of India's biggest startup, outside one of its branch in New Delhi, India, June 23, 2023. REUTERS/Adnan Abidi/File Photo Acquire Licensing RightsBENGALURU, Aug 29 (Reuters) - Byju's Chief Business Officer, Prathyusha Agarwal, and two other senior executives have resigned as the struggling Indian ed-tech startup restructures its business and operations, a company spokesperson said on Tuesday. Two other business heads - Himanshu Bajaj and Mukut Deepak - have also left, the company, once India's most valuable startup, said. Byju's has let go of thousands of employees this year as it grapples with multiple legal and financial woes. Reuters has reported that Byju's will file 2022 audited earnings by September and 2023 results by December.

Persons: Adnan Abidi, Prathyusha Agarwal, Agarwal, Himanshu Bajaj, Mukut Deepak, BYJU'S, Moneycontrol, Byju's, Mohandas Pai, Rajnish Kumar, Pranav Kiran, Navamya Ganesh, Nivedita Organizations: Education Technology, REUTERS, Rights, Byju's, Zee Entertainment Enterprises, Prosus NV, Deloitte, Reuters, State Bank of India, Thomson Locations: New Delhi, India, Bengaluru

☆ I'm a CEO who was burned out. So I took 30 days off from work to recharge in Paris and found my creative spark.
▼ + stars: | 2023-08-13 | by ( Imani Ellis | ) www.businessinsider.com time to read: +6 min

It became clear that I needed to take time off and create space to reignite my creative spark. Therefore, rest felt foreign to me, shame-inducing even. Instead of planning a vacation, I produced my very own creative residency— a dedicated time to think, play and rest inspired by the acclaimed novelist and essayist. Here's how I crafted my creative residency in case you want to create your own. Imani EllisWhat I learned most during my creative residency was that going forward, I needed dedicated time to be alone with my thoughts so that I can revisit what I really desire for my life.

Persons: workaholic, James Baldwin, Imani Ellis, Baldwin, James, isn't, Deepak Chopra, I've Organizations: Service, Star, Refining Locations: New York, Wall, Silicon, Paris, America, South, France, Cadenet, New York City

A Tesla logo is seen outside a showroom of the carmaker in Beijing, China May 31, 2023. The Elon Musk-led firm did not specify a reason for the departure of Kirkhorn, who has been with Tesla for 13 years. He will remain with the company through the end of the year to aid a smooth transition. Taneja, 45, joined Tesla after the automaker acquired SolarCity in 2016. Musk currently leads SpaceX, Neuralink, the Boring Company and is chief technology officer at social media platform X, formerly known as Twitter.

Persons: Thomas Peter, Zachary Kirkhorn, Taneja, Elon, Kirkhorn, Tesla, Deepak Ahuja's, Musk, Elon Musk, Gene Munster, Akash Sriram, Savio D'Souza, Arun Koyyur Organizations: REUTERS, LinkedIn, Elon, Deepwater Asset Management, Wall Street Journal, SpaceX, Neuralink, Boring Company, Twitter, Thomson Locations: Beijing, China, Austin , Texas, Bengaluru

☆ The Tesla executive who was rumored to be next in line for CEO is leaving the company
▼ + stars: | 2023-08-07 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Tesla's CFO Zachary Kirkhorn is leaving the carmaker, the company said in a regulatory filing. Zachary Kirkhorn, Tesla's chief financial officer, is leaving the electric-car company after working for the electric-car maker for about 13 years. Tesla staff told the Journal that Kirkhorn won Musk's approval by leading with "bad news" and staying in the billionaire's shadow. Kirkhorn worked as an analyst at McKinsey & Company before joining Tesla and previously interned at Microsoft, his profile says. Kirkhorn, Musk, and a spokesperson for Tesla did not respond to a request for comment ahead of publication.

Persons: Zachary Kirkhorn, Elon, Kirkhorn, Vaibhav Taneja, Tesla, Kirhorn, Elon Musk, James Murdoch, Musk, Tim Cook, Steve Jobs, Jobs, Cook, Deepak Ahuja, Afshar Organizations: Street, Elon Musk's, Tesla, EV, Securities and Exchange Commission, LinkedIn, Street Journal, Musk's, Apple, McKinsey & Company, Microsoft, SpaceX

Tesla 's chief financial officer, Zach Kirkhorn, stepped down from his position effective Friday, the automaker announced Monday morning in a regulatory filing. Tesla's chief accounting officer Vaibhav Taneja was appointed as the new CFO and will hold both roles concurrently. Kirkhorn will stay on with Tesla through the end of the year to assist in the transition, according to a Securities and Exchange Commission filing. Kirkhorn had served as CFO since March 2019 and had worked for Tesla since 2010. Kirkhorn's departure marks the second CFO replacement at Tesla in just over four years.

Persons: Tesla, Zach Kirkhorn, Vaibhav Taneja, Kirkhorn, Deepak Ahuja, Vaibhav, Taneja Organizations: Tesla, Securities and Exchange Commission, LinkedIn, SolarCity

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